TuesdaySep 08, 2009 9:39 am

L&L International Holdings Inc. (LLFH.OB) to Establish New Subsidiary in GuangZhou City

L&L International Holdings Inc. is headquartered in the United States, but is in the coal business in China. The company is currently operating two profitable coal mines, two clean coal washing facilities, and a wholesale network in the coal-rich Yunnan province in China. The company is attempting to take advantage of a strong coal market in China. Coal prices have risen sharply in China this year as the government has cracked down on illegal and polluting mines, closing many of them. The closure of these mines has led to decreased supplies of coal and increasing prices for the remaining producers.…

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TuesdaySep 08, 2009 9:01 am

ChromoCure, Inc. (KKUR.PK) Announces Co-Development Agreement for Nationwide Distribution of New CS300 Cancer Scanner Series

ChromoCure, Inc., a developer and provider of proprietary cancer detection systems, recently announced a co-development agreement with the company’s primary cell preparation and application technology supplier. Under the terms of the agreement, ChromoCure will co-develop a fully integrated chromosomal scanner system for nationwide distribution to pathology and related cancer detection labs. ChromoCure will collaborate with companies and joint technical research and development efforts to complete a fully automated hybridization system allowing for a complete chromosomal scanning solution. The CS300 system has the ability to perform a full 23-pair chromosomal cross-sectioning for every cell within a sample, while integrating solid tumor…

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TuesdaySep 08, 2009 8:23 am

Jiangbo Pharmaceuticals, Inc. (JGBO.OB) Remains Confident in Previously Issued Guidance for Fiscal 2009

Today, Jiangbo Pharmaceuticals, Inc., a U.S. pharmaceutical company with its primary operations in China, reaffirmed its previously announced guidance for fiscal year 2009. According to the press release, the company anticipates meeting or exceeding its goals of $111 to $116 million in revenue and operating income of $40 to $43 million for the fiscal year ending June 30, 2009. "We plan to report our annual results for the fiscal year 2009 by the end of this month and are pleased to reaffirm we are on track to achieve our financial goals," stated Mr. Wubo Cao, Chief Executive Officer of Jiangbo.…

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TuesdaySep 08, 2009 7:48 am

Axial Vector Energy Corp. (AXVC.PK) Launches New Website with Global Awareness Program

Axial Vector Energy Corporation announced this morning that it has launched a Global Awareness Program as well as a new website. The Global Awareness Program will air on WBIX The Business Station and Business Talk Radio Network, which cover financial and marketing groups and institutional investor markets. Chief AVEC Engineer, Mr. Douglas Hahn, will explain the many benefits of the company’s unique multi fuel engines and generators. Mr. Sanjai Chhaunker, President & CEO of AVEC, stated, "This comprehensive upgrading, along with the detailed road map letter, clearly outlines the success strategy of the new AVEC." Mr. Chhaunker added, "Douglas Hahn's…

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FridaySep 04, 2009 3:34 pm

Credence Corp. (LTXC) Offers Positive Outlook for Q1 2010 Despite Q4 and FY 2009 Losses

Credence Corp. today announced its fourth-quarter results for the period ended July 31, 2009, as well as its expectations for fiscal 2010. The provider of chip testing equipment reported a loss for its fiscal fourth-quarter and full-year results, but gave positive guidance for the first quarter of 2010. The company reported sales for the fourth quarter at $35,176,000, a 43 percent increase over the third quarter of 2009, surpassing its previous quarterly guidance. Credence posted a fourth-quarter net loss of $9,622,000, or 8 cents per share, on a GAAP basis, as compared to earnings of $630,000, or 1 cent per…

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FridaySep 04, 2009 1:15 pm

Leaving Adaptis, Inc. Behind, Clear Choice Health Plans (CCHN.OB) Signs Agreement with the TriZetto Group, Inc.

Today, Clear Choice Health Plans, Inc. announced that the company is terminating its business relationship with Adaptis, Inc., its business process outsourcing vendor, following a mutual agreement to stop service. The company also announced that it has started a new five-year contract for BPO services with The TriZetto Group, Inc., an information technology and services company with expertise in the health care industry. The TriZetto Group will provide claims administration, enrollment administration, billing, mailroom and business rules configuration services. TriZetto will also manage and host the underlying QNXTTM enterprise administration system and related software from its data centers. The transition…

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FridaySep 04, 2009 11:37 am

Universal Travel Group (UTA) Provides Update on Chinese Expansion

Universal Travel Group is a growing travel services provider in China. The company provides services such as: hotel reservations, airline bookings, and packaged tours via the internet and through customer service representatives. The company announced today the successful achievement of new milestones with regard to its Chongqing expansion strategy. Universal Travel also announced that it has formed a strategic partnership with China Telecom to rollout an additional 100 TRIPEASY kiosks equipped with China Telecom's 3G services in the third quarter. In Chongqing (a large city in western China), the company has formed partnerships with 50 travel agencies to expand its…

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FridaySep 04, 2009 11:32 am

Wescorp Energy, Inc. (WSCE.OB) Receives $1 Million Commitment for the Construction of Three Remediation Units

Wescorp Energy, Inc., an oil and gas operations solutions company focused on commercializing operational technologies, recently announced that the company has received a $1 million commitment from Cancen Oil Canada Corporation, an oilfield waste management and processing company. Cancen has committed $1,000,000 for the immediate construction of three Wescorp remediation units. This commitment is in accordance with the joint venture partnership that was announced on July 29, 2009. Management has agreed that the first three units will consist of two H20Maxx water units and one HCXT solids remediation unit. H20Maxx is a commercially proven, safe and economical process for cleaning…

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FridaySep 04, 2009 11:30 am

GreenHunter Energy Inc. (GRH) Signs Long-Term Biomass Power Deal, Houston Operation Continues to Develop

Finding footing in a new world of energy consumption is a difficult task. What will sell and work is thought to be understood but can sometimes turn out to be a "dud". Time is the key. Maybe the right timing has yet to come. In this regard, diversification can help. Maybe this product idea has yet to find its time, but that one is right and ready to profit. A company that understand the general concept and spreads its resources in an efficient way is one that may coast along today, but be ready to explode with profit tomorrow. GreenHunter…

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FridaySep 04, 2009 11:26 am

ValCom, Inc. (VLCO.OB) Finds Major Opportunities in Distribution Agreement with the Worship Network

ValCom Inc. reached a major milestone with the announcement that one of its major subsidiaries, MyFamilyTV, has cleared an additional 16 million homes for the KidMango programming block. This partnership is not only catching the eyes of the television audience but is also making noise on Wall Street. In only a few short months, MyFamilyTV has achieved astounding growth. In late 2008, the network’s programming was available to 15 million homes. With the signing of this agreement, MyFamilyTV’s program offerings will now be distributed to over 58 million homes across the United States. KidMango is a joint venture between MyFamilyTV's…

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