QualityStocks Stock Newsletters Archives - Page 710 of 1818

FridayAug 14, 2009 8:53 am

BioPharm Asia, Inc. (DOMR.OB) Announces Substantial Growth in Revenues and Income

BioPharm Asia, Inc., a major retailer and wholesale distributor of medical products in China, today announced its financial results for the second quarter and six months ended June 30, 2009. For the second quarter, revenues were $19.9 million, up 22.0% from the $16.3 million generated during the second quarter of 2008. For the six months ended June 30, 2009, revenues totaled $42.6 million, up 27.5% from the prior year, largely due to an increase in wholesale revenues. Gross profit for the quarter was $5.9 million, up 12.6% from the comparable period last year. For the first six months, gross profits…

FridayAug 14, 2009 8:24 am

Sino Green Land Corp. (SGLA.OB) Announces $1 Million Private Placement

Today, Sino Green Land Corp. announced that it completed a private placement with a group of institutional investors, led by T Squared Investments LLC ("T Squared Partners"), in the upfront amount of $1 million. The private placement also includes investment rights and warrants to invest an additional $4.9 million into the company for growth capital purposes. Mr. Anson Fong, Chairman of Sino Green Land, commented, "Since founding the company in 2003, we have experienced exceptional growth due to our highly scalable business model. In the last year alone, we achieved sales growth of over 70%, with revenue of $73.6 million…

FridayAug 14, 2009 7:51 am

Axial Vector Energy Corp. (AXVC.PK) Leading the Way towards Energy Effeciency

Axial Vector Energy Corp. has a lock on technologies that feed into two of the most important fields today: increased engine efficiency for power generation and vehicles, and increased purification efficiency for the processing of oil. Both areas are driven by growing demand for environmental protection, and stand to gain from worldwide governmental support. Axial develops and licenses advanced internal combustion engines and power generator technologies, in addition to supporting a patented sonic energy and oxidation process for the more cost effective removal of sulfur and nitrogen compounds from oil. The company’s prototype GENSET power generation product is designed to…

FridayAug 14, 2009 7:15 am

Horsehead Holding Corp. (ZINC) Reopens Shuttered Facility

Horsehead Holding Corp. announced that it is resuming operations at one of its Zinc recycling facilities due to an increase in demand. Jim Hensler, the CEO of Horsehead Holding Corp., said “We remain hopeful that the economy will continue to strengthen as we head towards the 4(th) quarter of 2009." The facility is located in Rockwood, Tennessee, and was closed earlier due to the recession. Horsehead Holding Corp plans on starting one of two kilns by mid September 2009. In July 2009, the company restarted a zinc smelter located in Monaca, PA, due also to increased demand. The facility processes…

ThursdayAug 13, 2009 3:11 pm

Bakhu Holdings Corp. (BKUH.OB) Announces Memorandum of Understanding with Chinese Solar Manufacturer

Bakhu Holdings Corp., also conducting business as Bakhu Solar Corporation, plans to enter the green energy business by acquiring a solar manufacturer that is based in China. The target company that Bakhu Holdings plans to acquire is Shenzhen Xinhonglian Solar Energy Co. The company today announced that it has entered into a memorandum of understanding to acquire 100% of the assets and shares of Shenzhen Xinhonglian. The memorandum calls for shareholders of Shenzhen Xinhonglian to receive 35% of Bakhu's common stock. It also outlines all the terms of the acquisition as well as a timetable for the completion of the…

ThursdayAug 13, 2009 10:37 am

Dana Resources’ (DANR.OB) Major Expansion in Peru

Dana Resources, a precious and base metal exploration and development company, announced today that it has successfully acquired the Collota One Gold Prospect in central Peru. The company announced earlier that it had acquired the nearby Collota Gold Project. The combined land holdings of Dana Resources' Collota Gold Deposit and Collota One Gold Prospect now surpass 8,000 acres. The Collota One Gold Prospect is located in central Peru, on the eastern side of the Cordillera Negra (Black Range Mountains). The project is accessible via paved and gravel roads. The previously announced Collota Gold Project is estimated to have a reserve…

ThursdayAug 13, 2009 9:35 am

Homeland Security Capital Corp. (HOMS.OB) Gets a Boost for Future Security

As technology advances to address our rising Homeland Security concerns, the approach is swift and precise. Technology enables us to provide innovative and scalable solutions engineered to effectively protect people, property and assets. As anyone can imagine, the current concerns that need to be addressed are huge undertakings. However, with the right people combined with the right technologies, much can be gained. In order to find a company that can meet the needs of that magnitude, one must look to the top of the list. Homeland Security Capital Corp., an international provider of specialized technologies, has just received in excess…

ThursdayAug 13, 2009 9:11 am

New Mexico Software, Inc. (NMXC.OB) 2nd Quarter Revenue Rises 345%; Six Month Revenue Up 318%

New Mexico Software, Inc., a leading developer and provider of medical IT services and solutions that enable improved and faster communication, announced its financial results for the second quarter ended June 30, 2009. Second Quarter 2009 Financial Highlights Include: -- Total revenue increased 345% to $902,000 from $202,000 in Q2 2008 -- Six month revenue rose 318% to $1,828,000 from $437,000 in the first half of 2008 -- Cash and cash equivalents totaled $65,000, a decrease from $103,000 as of March 31, 2009 -- Gross profit increased 259% to $226,000 from $63,000 in Q2 2008 -- Net loss decreased to…

ThursdayAug 13, 2009 9:05 am

Force Energy Corp. (FORC.OB) Announces Acquisition of 50% Working Interest in the Diamond Springs Prospect

Force Energy Corp. was pleased to announce this morning that it has acquired a full 50% working interest in the Diamond Springs Prospect. The 3,300-acre shallow oil prospect is located within the Wind River Basin in Fremont County, Wyoming. According to the press release, independent 3rd party geologic work has concluded that the three independent but geologically similar prospective locations that comprise the property has the potential for 4.3 million barrels of oil from depths of less than 1,100 feet. The company’s management team believes that the prospect is an exciting project with more than 70 possible drill locations. "We…

ThursdayAug 13, 2009 8:32 am

Clenergen Corp. (CRGE.OB) to Acquire 100% Controlling Interest in UK-Based Company

Today, Clenergen Corporation announced that it will acquire 100% controlling interest of UK-based Clenergen Corporation Limited, intending to establish the corporation as a global leader of Biomass Power Generation Companies. CCL currently retains 100% controlling interest in Clenergen India Private Limited, a subsidiary company based in Chennai, designed to implement a 80MW per hour Biomass Power Plant. Recently, Clenergen India signed a 15 year Power Purchase Agreement with the Power Trading Corporation of India Limited, valued at $87,000,000 per year. The company has secured leases on 4000 acres of land in Tamilnadu and is in the process of obtaining land…

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