ThursdayDec 03, 2009 5:11 pm

Emtec, Inc. (ETEC.OB) Reports Increase in Fiscal 2009 Net Income

Emtec, Inc. reported net income of $1.7 million, or $0.12 per share, for the fiscal year ending 8/31/2009. These results were up significantly from the $1.3 million, or $0.09 per share, reported in fiscal 2008. Earnings before interest, taxes, depreciation and amortization (EBITDA) for fiscal 2009 were reported at $6.4 million. Emtec, Inc. saw a large jump in Services and Consulting revenue for the fiscal year, which came in at $55.8 million, up from $20.6 million in fiscal 2008. The Services and Consulting segment now comprises 25% of total company revenue. Emtec, Inc. also increased its gross margin in the…

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ThursdayDec 03, 2009 5:07 pm

Puda Coal, Inc. (PUDA) Takes Advantage of Chinese Stimulus Money

Some sectors of manufacturing get a bad reputation for their products. One aspect to consider, however, is that there are often many ways to use these products to bring benefit to people and their economy. Coal is one such product. It is a dirty fuel, but it is needed. Consider that it acts to aid in the manufacture of other products to perform needed functions. Puda Coal Inc. works in the People’s Republic of China to produce coking coal for the manufacture of steel products and coke as a general product. The company currently has a washing capacity for its…

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ThursdayDec 03, 2009 5:00 pm

Gold Resource Corp. (GORO.OB) Hits New All-Time High Following Gold Prices and QualityStocks Newsletter Highlight

Gold Resource Corp. hit another all-time high earlier today at $10.13 a share and closed trading at $10.00 a share on volume of over 150,000 shares. The stock was mentioned in the QualityStocks FREE Daily Newsletter back on July 24, 2009 when the stock was trading at only $4.53. Investors purchasing the stock after reading about the company have more than doubled their money in just a few short months! Gold Resource Corporation is a gold and silver mining company which has 100% interest in five potential high-grade gold and silver properties in Mexico's southern state of Oaxaca. Since July…

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ThursdayDec 03, 2009 4:54 pm

Pay88, Inc. (PAYIE.OB) Signs Letter of Intent with Hongmeida Enterprise Group

Growing digital technology company, Pay88, Inc., announced today that it has signed a Letter of Intent to merge with Hongmeida Enterprise Group, a privately owned investment and financial services firm. Hongmeida Enterprise, located in Western China, mainly engages in raw materials investment and financial services. The company also has a professional pawn business (mortgage finance) license. In 2008, the Hongmeida's annual income totaled approximately RMB 75,375,318. Industry insiders believe that the agreement with Hongmeida is a powerful step to revitalize and grow Pay88. In principle, the agreement states that Pay88 can acquire Hongmeida Enterprise Group with common stock in a…

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ThursdayDec 03, 2009 11:10 am

Aquentium, Inc. (AQNM.OB) Leaves its Mark on the Environment and Wall Street

One company that has started to turn the heads of investors is Aquentium, Inc. Located in California, Aquentium is a diversified company that places an emphasis on green technologies. Aquentium has a broad array of business interests which include: non-chemical sanitation equipment, alternative energy, re-deployable emergency housing, recycling and waste treatment. Today, it was announced that Aquentium has begun to offer distributorship opportunities in the State of Illinois for its complete line of ozone sanitation and water treatment equipment. One of the more unique aspects of the Aquentium Ozone equipment is that it is over 3,000 times faster acting than…

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ThursdayDec 03, 2009 10:44 am

Helix Wind Corp. (HLXW.OB) to Furnish Argentina with Some 100 Wind Turbines via Its Distributor, EDAL Re

Helix Wind Corp. announced today a $9.5 million project, utilizing 90-100 wind turbines, for rural electrification and off-grid generation in Jujuy Province, Argentina. HLXW is a global supplier of small wind vertical axis turbines designed to generate from 300W to 50kW of renewable energy, which the Company designs, manufactures and successfully sells on its own by virtue of its extensive wind-industry experience. HLXW, in conjunction with its distributor EDAL Re, Inc., of Buenos Aires, will install 15kW power islands starting February 2010 to fulfill the requirements of this project, which is being funded by the World Bank. EDAL Re is…

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ThursdayDec 03, 2009 10:27 am

Saratoga Resources, Inc. (SROEQ.OB) to Exit from Bankruptcy by Year-End

Saratoga Resources Inc. is an independent oil and gas exploration and production company whose principal holdings cover 34,246 net acres located in the state waters offshore Louisiana. The company focuses on three points: increasing production through low cost workovers and recompletions, decreasing operating costs, and increasing reserves through field studies and development. The company's main producing asset is the Green Bay Field which was first discovered in 1938. Saratoga has a 100% interest in most of the 100+ producing wells in the field. The company's other major asset is the Vermilion 16 gas field. Its other principal fields are situated…

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ThursdayDec 03, 2009 9:06 am

Enviro Voraxial Technology, Inc. (EVTN.OB) Announces 300 Percent Revenue Increase versus Entire Prior Year

Enviro Voraxial Technology, Inc., a clean tech manufacturer and developer of the Voraxial® Separator, a high-volume fluid and fluid/solid separation technology, recently announced that the company achieved a 300 percent revenue increase during the first three quarters of 2009, compared to the entire year of 2008. Despite the struggling global economy, the company achieved record sales growth during the first three quarters of this year with revenues totaling $431,000. According to GAAP financials, Enviro Voraxial Technology achieved profitability during the third quarter due to the sale of depreciated equipment. The company anticipates continued growth and accelerated business activity, which includes…

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ThursdayDec 03, 2009 9:04 am

Hana Biosciences (HNAB.OB) Announces “Promising” Phase II Data for Adult Acute Lymphoblastic Leukemia Trials

Biopharmaceutical company Hana Biosciences focuses on enhancing cancer care. The company yesterday announced the completion of its phase II rALLY clinical trial for Marquibo for the treatment of adult acute lymphoblastic leukemia (ALL) in 65 patients, exceeding its previous target of 56 patients. "We would like to thank all the clinical investigators, patients and Hana employees whose efforts have allowed us to not only complete enrollment in our pivotal phase II rALLy trial, but exceed our enrollment target. Enrolling more than the targeted number of patients provides us with important pharmacokinetic data," Anne Hagey, M.D., chief medical officer of Hana…

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WednesdayDec 02, 2009 1:12 pm

Communication Intelligence Corp. (CICI.OB) and Docubase Systems Join to Improve Document Management Systems

Leading electronic signature solutions company, Communication Intelligence Corporation, and Docubase Systems, Inc, a leading International Electronic Document Management software provider, jointly announced today that they have entered into an agreement to provide their products and services as an integrated solution for the financial services, government and healthcare industries. Under the terms of the agreement, CIC will provide its industry tested electronic signature technology for use in Docubase's document management software suite. CIC's comprehensive suite of software tools, shrink-wrapped solutions and server technologies address the stringent international requirements of the countries in which Docubase operates. The flexibility of CIC's products enables…

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