WednesdayNov 11, 2009 4:40 pm

American DG Energy Inc. (ADGE) Reports Small Loss in Third Quarter

American DG Energy Inc. reported a net loss of $310,000, or $0.01 per share, in the third quarter of 2009. This was just slightly better than the $416,000 net loss reported in the same quarter of 2008. American DG Energy Inc. reported revenues of $2.0 million in the quarter, a sharp increase from the $1.4 million reported last year. The company ended the quarter with $5.4 million in cash and short-term investments. “We continued to execute our strategic plan and strengthen our leadership position as a leading On-Site Utility," said John N. Hatsopoulos, the CEO of American DG Energy Inc.…

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WednesdayNov 11, 2009 1:27 pm

Wind Works Power Corp. (WWPW.OB) to Acquire 50MW Wind Energy Project in Hungary

Canadian-based Wind Works Power Corp. announced today that they have signed an option agreement to acquire a 100% interest in Ecsed, a 50 megawatt wind energy project in Hungary, for $500,000. This transaction followed on the heels of another announcement Monday in which the company announced they signed an option agreement to acquire a 100% interest in Honelles, a 10 megawatt wind energy project in Belgium for $475,000. The company plans to invest over $3 million dollars to develop these wind projects. Wind Works Power expects these projects to create investment opportunities in excess of $150 million which would be…

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WednesdayNov 11, 2009 11:43 am

Taseko Mines Ltd. (TGB) Extends Capacity and Life of its Primary Gold Opportunity

Paying attention to gold mining in recent quarters has become a requirement as investors look at the price of the dollar and swings in price of several differing factors. In any sense, a position in a stable commodity is needed to balance a portfolio, but to what extent? This is an individual assessment but one that should be of concern for any investor. Picking the correct opportunity to fill this need is the question. The correct choice is one that will help balance the portfolio but also stave off the possibility of a commodities crash. Taseko Mines Ltd., a mining…

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WednesdayNov 11, 2009 11:31 am

Cereplast, Inc. (CERP.OB) Projects Bio-Plastics to Capture 30% of U.S. Market, Topping $10B by 2020

Cereplast, Inc., a pioneer in the manufacture of plastics which derive largely from resins based on plant starches, released news announcing projections for its market sector. Expecting a ten-fold sales increase in the U.S. bio-plastics market by 2020, the Company cited the $1B sales figures from 2007 and estimates which show that, within ten years, bio-plastics could represent up to an astonishing 30% of the total plastics market. With the Obama administration leaning heavily toward a green economy and increasing demand from consumers for biodegradable products, Cereplast is poised to cash in on the “green” economy and return substantial value…

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WednesdayNov 11, 2009 11:25 am

Oil Continues to Rise as the Dollar Falls

Oil is a commodity that has steadily rose since December. Continuing its monumental climb, the commodity rose near $80 a barrel on Wednesday as the dollar continued to weaken, trumping a report pointing to a rise in U.S. oil inventories. While this trend may be confusing to the everyday investor, analysts have stated that the drastic change in the price of oil is tied to how global stock markets are doing and the dollar’s fluctuating exchange rate. One such analyst is Oliver Jakob. Jakob, who is renowned globally for his spot-on predictions of market trends, stated in reference to the…

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WednesdayNov 11, 2009 10:27 am

TrinityCare Senior Living, Inc. (TCSR.OB) Plans to Triple Size of Operations

TrinityCare Senior Living, Inc., the developer and manager of quality senior-living facilities focusing on enriching the faith of the residents and providing state-of-the-art independent living, assisted living, memory care and adult day care services, recently announced the company’s aggressive expansion strategy for 2010. TrinityCare Senior Living expects to triple the number of residential units currently owned and managed through the development of new senior care facilities. Through its wholly-owned management company, TrinityCare Senior Living is developing two new communities in Houston, two in the state of Louisiana and two in Eastern Tennessee. These six new communities will add approximately 480…

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WednesdayNov 11, 2009 10:23 am

Cleartronic, Inc. (CLRI.OB) Reports Exciting Third Quarter Results

Unifed communications solutions specialist, Cleartronic, Inc., announced yesterday its third quarter results for 2009. The company provides communication solutions through its wholly owned subsidiary, VoiceInterop, Inc. Revenues over the three-month span ending June 30, 2009 were listed at $532,213, significantly higher than the $11,966 reported in the same period last year. Revenues for the nine-month period ending June 30, 2009 also increased substantially. The company reported $1,593,395 in revenues for the period, higher than the previous year’s revenues of $254,555. The company reduced third quarter operating expenses by more than 60% from those incurred in 2008’s third quarter. Additionally, the…

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WednesdayNov 11, 2009 10:21 am

Crown Crafts, Inc. (CRWS) Reports Profit in Second Quarter

Crown Crafts, Inc. reported net income of $0.83 million, or $0.08 per share, in its second fiscal quarter ending 9/27/2009. The company earned $1.04 million, or $0.11 per share, in the same quarter last year. Revenues were $21.7 million in the quarter, down from the $23.8 million reported last year. Randall Chestnut, the CEO of Crown Crafts, Inc., cited weak demand from its customers in the retail sector. “We are responding to the challenging economic environment by aggressively managing our cash flow…we are confident that we are well positioned to benefit as the economy recovers," said Chestnut. Crown Crafts, Inc.…

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WednesdayNov 11, 2009 10:19 am

Vivakor, Inc. (VIVK.OB) Signs Distribution & Purchase Order Contract

Vivakor, Inc. announced that it has signed an exclusive distribution agreement with consumer product specialist Regeneca International, Inc. for one of its proprietary, cutting-edge nutraceutical formulations. In concurrence with this agreement was an immediate purchase order from Regeneca for 25,000 units of the product. Both companies hope this agreement is the beginning of a long term relationship for product commercialization. Vivakor CEO Tannin Fuja expressed his enthusiasm, “We are very excited for the possibilities of Vivakor’s line of nutraceutical products. Worldwide demand for nutraceutical products is expected to exceed $15 billion and Vivakor plans on being a substantial player in…

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TuesdayNov 10, 2009 1:35 pm

BlueFire Ethanol Fuels, Inc. (BFRE.OB) CEO to Address Cellulosic Biofuels Summit, Emphasizing Sector-Wide Financing Initiatives

BlueFire Ethanol Fuels, Inc., a pioneer in cellulosic ethanol production via its proprietary conversion process utilizing concentrated acid hydrolysis, disclosed today that their CEO, Arnold Klann, will attend the 4th Annual Cellulosic Biofuels Summit (CBS) next week on Nov. 17. The event will be held in Washington, D.C. Standing alongside executives from across the cellulosic biofuel industry, such as Dr. Kristina M. Johnson, Under Secretary for the Department of Energy, and Bob Dinneen, President and CEO of the Renewable Fuels Association, Klann will help resolve financing issues facing the industry. Klann expressed BFRE’s pleasure at participating in the CBS and…

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