FridayOct 09, 2009 3:56 pm

China Agritech, Inc. (CAGC) Increases Revenue and Income Guidance for 2009

Leading Chinese national liquid and fertilizer manufacturer, China Agritech, Inc., announced today that it is increasing its annual net revenue and net income guidance for the year ending December 31, 2009. This increase follows a 56.9% increase in net revenues and 91.2% rise in net income for the second quarter ending in June 2009. The revised 2009 guidance is based on the company's current views on changing operating and market conditions. The company expects that net revenue for the year 2009 could reach as high as $70 million, compared to the previous guidance estimate of over $60 million. The revised…

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FridayOct 09, 2009 3:54 pm

Treaty Energy Corp. (TECO.OB) Announces Acquisition of 54 Kansas-based Oil and Gas Leases

Treaty Energy Corp. acquires, develops and produces oil and natural gas, seeking out leases with proven, but undeveloped reserves. The company yesterday announced an agreement to acquire 54 oil and gas leases and their respective production equipment in Kansas. The leases span 6,700 acres and include 662 “stripper wells,” oil wells that produce 10 barrels per day or less for 12 consecutive months. According to the Independent Petroleum Association of America (IPAA), stripper wells make up about 84 percent of domestic oil wells, contributing to more than 20 percent of all domestic oil. Treaty said the acquired stripper wells in…

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FridayOct 09, 2009 8:53 am

BIO-key International, Inc. (BKYI.OB) Gains National Attention

BIO-key International made a monumental announcement this week with the news that the young company will showcase their biometric solutions at the Oracle Openworld 2009 Conference which is being held at the Moscone Center in San Francisco from October 11-15, 2009. The New Jersey based BIO-key has been gaining a renowned reputation as a pioneer in finger-based biometric identification and wireless public safety. As a charter member of the Oracle Identity Assurance Partner Alliance, BIO-key will provide hands-on product demonstrations of its state-of-the-art identification technology in booth #2520 at the above-mentioned Openworld Conference. At the conference, BIO-key will display a…

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FridayOct 09, 2009 8:02 am

Zaldiva, Inc. (ZLDV.OB) Identifies Multiple Acquisition Candidates

Zaldiva, Inc. a leader in Pop Culture collectibles, comic books, memorabilia and auctions, today detailed its acquisition strategy as it continues to focus on rolling-up smaller comic and collectibles retailers under the Zaldiva brand. The company has identified its first 5 targets for acquisition. "We see the comic and collectibles industry being in a very similar situation to the video rental business of days gone by," stated Nicole Leigh, CEO of Zaldiva, Inc. "Along came Blockbuster and the whole landscape changed. These smaller comic retailers, the 'mom and pop' stores, don't have the infrastructure to compete in the marketplace. We've…

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FridayOct 09, 2009 7:41 am

Sunwin International Neutraceuticals, Inc. (SUWN.OB) Secures a One-Year Exclusivity Agreement with Hunan Fuhui Flavors

Sunwin International Neutraceuticals, Inc., a provider of zero calorie natural sweeteners (stevia), veterinary medicines and feeds prepared from 100 percent natural herbal ingredients, recently announced that the company has secured an exclusive one-year distribution agreement with Hunan Fuhui Flavors Co. Ltd. to distribute stevia extract within Hunan province, located in Southern China, with more than 64 million residents. Under the terms of the agreement, Sunwin International Neutraceuticals will provide technical and marketing support to Hunan Fuhui’s sales representatives within the Hunan province. In addition, at least 50 tons of stevia extract must be distributed by Hunan Fuhui within the first…

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FridayOct 09, 2009 7:39 am

310 Holdings, Inc. (TRTN.OB) Changes Name and Reports Positive 9 Month Results

Today, 310 Holdings, Inc. announced that it has changed its corporate name to JBI, Inc. The company will announce a symbol change when available. Despite a name change, JBI is still committed to investing its resources in long-term, highly sustainable growth and real value through its recently acquired subsidiaries. JBI also announced that its unaudited, nine month consolidated pro-forma revenues totaled $10,156,919, with reported net earnings at $167,398. The company’s total assets valued at $22,486,751. Full financial details are available at www.sec.gov on the Form 8-K filed with the Securities & Exchange Commission on October 7, 2009. John Bordynuik, JBI…

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ThursdayOct 08, 2009 2:47 pm

Gold Crest Mines, Inc. (GCMN.OB) Up 103.13% After Recent Mention by QualityStocks

Gold Crest Mines Inc. (OTCBB: GCMN) shares traded earlier today at $0.00325 a share, rocketing higher by 103.13%. This sharp upward movement in price has been accompanied by large volume in excess of 450,000 shares, which is well above the average daily trading volume of less than 15,000 shares. Gold Crest Mines was highlighted recently in the September 10th edition of the QualityStocks Daily Newsletter at a price of only $0.01 per share. Gold Crest Mines is a US-based junior exploration focused on precious metals exploration. The company seems to be benefiting from gold's recent rise to record highs of…

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ThursdayOct 08, 2009 12:51 pm

Initial Jobless Claims Decline to January Levels

A Labor Department report issued Thursday Oct. 8 shows initial claims for unemployment fell 33,000 from the prior week’s revised total to 521,000, the lowest level since the beginning of 2009. This figure was 19k less than the Thomson Reuters survey, giving some cause for hope amid a generally depressed economic outlook. With the four-week average down to 539,750, there is strong evidence of a recovery in the labor market to many investors. The second lowest point this year being reached, on the graph of this closely watched statistic, indicates too many economists that the propensity for hiring by companies…

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ThursdayOct 08, 2009 10:32 am

Watching Bonds and Treasury Notes

The bond and treasury markets are at times confusing to investors. Generally they are considered a safe form of income in relatively stable economic times. Investors enjoy a small but stable flow of income. In today's environment, however, there may be a bit of uncertainty. The Federal Reserve has reduced interest rates to help spur the economy, thus making treasury notes and bonds more attractive. Unfortunately, this same agency has also issued quite a bit of debt, as it relates to the "rescue package." Generally speaking, this means that at some point interest rates will need to rise to keep…

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ThursdayOct 08, 2009 10:23 am

Emisphere Technologies, Inc. (EMIS.OB) Introduces First Commercially Available Product

Emisphere Technologies Inc. announced today that the company is introducing and launching its first commercially available product, oral Eligen B12 (100 mcg). This product has been specifically developed to help improve Vitamin B12 absorption and bioavailability with a patented formulation. In a trial with healthy subjects conducted last year, Eligen B12 resulted in a ten-fold increase in peak serum B12 blood levels, a two-fold improvement in total bioavailability and a reduction in absorption time greater than 90% as compared to standard oral commercial formulations. Eligen B12 has impressed others in the nutritional field. Dr. Michael Rothkopf, M.D., the director of…

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