WednesdayNov 18, 2009 1:00 pm

EGPI Firecreek, Inc. (EFIR.OB) Signs Letter of Intent to Acquire Georgia-based Electrical Company

Yesterday, EGPI Firecreek, Inc. announced that it has signed a letter of intent to acquire a privately owned electrical construction company based in Georgia. With the acquisition, EGPI anticipates a continued strengthening of its vertical structure within the DOT construction industry. To date, significant synergies exist within EGPI's portfolio of already acquired companies and potential candidates. To date, EGPI Firecreek has been successful in completing every Letter of Intent it has signed this year. With two already completed acquisitions and two LOI's currently in the due diligence process, EGPI has demonstrated a consistent ability to find, sort and analyze potential…

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WednesdayNov 18, 2009 12:47 pm

Kimber Resources Inc. (KBX) Updates Mineral Resource Estimates

Kimber Resources Inc. issued an update on the resource potential of its gold and silver mine at its 100% owned Monterde mine in the Sierra Madre region of Mexico. The company said that the base case total mineral resource estimate for the Carmen deposit was 700,000 ounces of gold and 37 million ounces of silver. "We are extremely pleased with this new mineral resource estimate for the Carmen Deposit, which is underpinned by a very detailed geological model and technical work program, and which defines a significant tonnage of high grade gold-silver mineral resources with excellent metallurgical recoveries," said Gordon…

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WednesdayNov 18, 2009 9:56 am

Braintech, Inc. (BRHI.OB) Announces U.S. Navy’s Automated Weapons Assembly Project Contract from BAE Systems

Braintech, Inc., a provider of software products that offer robust, scalable and transferable Vision Guided Robotic (VGR) solutions used for industrial and government and defense service applications, recently announced that the company’s wholly owned subsidiary, Braintech Government & Defense, Inc., received a subcontract from BAE Systems on a U.S. government and defense contract. Braintech is currently developing automated assembly solutions based on its industry-leading VGR technology in Phase II of the Automated Weapons Assembly project for the Office of Naval Research. Adam Marsh, BAE Systems’ program manager, commented, “With its unique vision guidance software technology and dedicated technical team, Braintech…

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WednesdayNov 18, 2009 9:54 am

Arrayit Corp. (ARYC.OB) Technology Purchased by the Prestigious Johns Hopkins University

The Sunnyvale, California based Arrayit Corporation has quickly evolved into a leader in the genetic, research, and diagnostic communities through the development and manufacture of state-of-the-art life science technologies which combat diseases. Today, the young corporation made national news with the announcement that the prestigious Johns Hopkins University School of Medicine in Baltimore, Maryland purchased their technology to study rheumatoid arthritis. Johns Hopkins strongly endorsed the Arrayit Platform and the NanoPrint robot for their evolutionary technical capabilities. The historic University is also considering Arrayit’s consumable stream of substrates and reagents. Arrayit’s NanoPrint platforms have been installed at other major research…

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WednesdayNov 18, 2009 9:47 am

Brigham Exploration Company (BEXP) Completes Well In The Bakken Shale

Brigham Exploration Company announced the completion of a well on its Bakken Shale acreage. Brigham Exploration Company has a 31% working interest in the well. The Lee 16-21 #1H had an initial production rate during its first 24 hours of production of approximately 1,544 barrels of oil equivalent (BOE), composed of 1,341 barrels of oil and 1.22 million cubic feet of natural gas. "We're very pleased with the early production performance of our Lee well. It's our fifth consecutive long lateral, multi-stage completion in our approximate 100,000 net acres in Rough Rider, with early peak production rates averaging approximately 1,752…

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TuesdayNov 17, 2009 2:48 pm

Another QualityStocks Newsletter Featured Stock – Instacare Corp. (ISCR.OB) – Nearly Triples Today

Instacare Corp. shares, after touching a high of $0.14 a share, are currently trading at $0.10 per share – up $0.052 or 108.33 % for the day. Volume, which has been increasing dramatically recently, stands right now at nearly 8.5 million shares. The company was highlighted initially in QualityStocks FREE Daily Newsletter back on August 3, 2009 when the stock was trading between $0.006 and $0.01 a share. Over that three month span, the stock has gone up tenfold! Instancare Corporation makes medical products such as glucose monitoring systems, wound care and ostomy products. The company is focused on developing…

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TuesdayNov 17, 2009 12:59 pm

China Technology Development Group Corp. (CTDC) Teams Up With ISEC-UNIDO to Develop Chinese Solar Research Lab

China Technology Development Group Corp., a clean energy group focused on bringing together related technologies to create solar energy systems, announced today a cooperative agreement between China Technology Solar Power Holdings Limited (CTSP), and the United Nations Industrial Development Organization International Solar Energy Center for Technology Promotion and Transfer (ISEC-UNIDO). This agreement will co-establish the International Photovoltaic Application Laboratory (PV Lab) in Lanzhou, Gansu province on Nov 14, 2009. CTDC, whose major shareholders include one of China’s leading state-owned conglomerates, China Merchants Group (CMG), and Beijing Holdings Limited (BHL), the biggest offshore subsidiary created by the Beijing Municipal Government, entered…

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TuesdayNov 17, 2009 11:37 am

Shuaiyi International (SYID.OB) Appoints New Chief Financial Officer

Shuaiyi International New Resources Development Inc. is a leading nutraceutical company focusing on the development of engineered “Cordyceps Militaris” products in China. The company has about a 19% share for such products in China, with a distribution network in more than ten Chinaese provinces. The company's products are based on a fungus that is typically found in north-eastern mountainous China. Shuaiyi specializes in developing, processing, marketing and distributing a variety of agricultural and nutraceutical products consisting of dry Cordyceps Militaris, organic and speciality food and beverage products. Shuaiyi International announced today the appointment of Mr. Daniel K. Lee as its…

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TuesdayNov 17, 2009 11:33 am

Trading Gold Exchange Funds

Right off the bat, one must understand that chasing a trend is a rather dangerous thing to do. On the other hand, one must also understand that there may be more room to profit as a stock or commodity moves upward. This is a choice, made carefully, by any individual investor with advice from a registered investment advisor. In this regard, one might consider the gold exchange traded fund, or (ETF). Gold commodity prices have been rising of late and do seem to have "legs" going forward as the US dollar continues to have issues. Although gold is rather tied…

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TuesdayNov 17, 2009 11:01 am

Conversion Services International Inc. (CVNS.OB) Posts Positive Trend for Q3, Nine-Month Periods

Conversion Services International Inc. provides consulting, data warehousing, business intelligence and information technology services to Global 2000 organizations and other businesses. The company today announced its financial results for the third quarter ended September 30, 2009. Conversion Services posted net income at $1.3 million, $1.2 million of which is attributable to common shareholders. This is compared to a net loss of $4.2 million and a loss of $4.4 million attributable to shareholders for the third quarter of 2008. Revenues for the third quarter of 2009 were $8.1 million, up $3.1 million, or 61.7 percent, from $5.0 million reported in the…

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