QualityStocks Stock Newsletters Archives - Page 779 of 1818

MondayMar 16, 2009 1:05 pm

Gulf Resources, Inc. (GFRE.OB) Highlights a Healthy Fourth Quarter

Gulf Resources engages in the production of specialty industrial chemical products in The People's Republic of China. Investors in the company were pleased on Monday following the release of some very promising fiscal 2008 fourth quarter results. Along with revenues upwards of $24.1 million, which represents an increase over fourth quarter 2007 of more than 57 percent, Gulf Resources was happy to report a hefty gross profit of $9.9 million. That figure was a substantial year-over-year improvement of 61 percent. Cash-on-hand neared $31 million as well, along with a net income which overshadowed 2007's number by 137 percent. Company officials…

MondayMar 16, 2009 9:25 am

China Yongxin Pharmaceuticals Inc. (CYXN.OB) Introduces Diagnosis System to Thwart Prescription Drug Abuse in China

China Yongxin Pharmaceuticals Inc. (CYXN.OB) today announced it has initiated use of its Electronic Diagnosis System throughout chain drugstores in Changchun, Jilin, as part of an effort to curb the abuse of prescription in the Jilin province. The system provides a network for doctors to provide diagnosis services through an integrated video and audio system, allowing customers to immediately purchase treatment prescribed by the doctors in Yongxin’s chain drugstores. The company said the system reduces errors, improves efficiency, and will help thwart fake prescriptions. According to China Yongxin, the system is the first of its kind to be introduced in…

MondayMar 16, 2009 6:21 am

Roper Industries (ROP) Purchases Moore Microprocessor PatentTM (MMP) Portfolio License from Patriot Scientific Corp. (PTSC.OB) Licensing Partner

Patriot Scientific Corp. announced today that Roper Industries, Sarasota, Florida, (NYSE:ROP) has purchased a Moore Microprocessor Patent(TM) (MMP) Portfolio license from the TPL Group, Patriot Scientific's exclusive MMP licensing partner. The portfolio patents cover techniques that allow for higher performance and lower cost microprocessor designs, and are fundamental to consumer and commercial digital systems ranging from DVD players, cell phones and portable music players to communications infrastructure, medical equipment and automobiles. "Roper Industries joins an expanding list of global industry leaders, including Nokia, Sharp, Hewlett Packard, Fujitsu, Sony, Robert Bosch and other major corporations that have become MMP licensees within…

MondayMar 16, 2009 6:06 am

Micromem Technologies, Inc. (MMTIF.OB) Joins Norwegian EM Technology (NEMT) to Produce 3-D Electromagnetic Hydrocarbon and Mineral Survey Tool

Micormem Technologies, through its wholly owned U.S. based subsidiary Micromem Applied Sensor Technologies, Inc. (MASTInc), announced they have received a contract from Norwegian EM Technology AS to develop and deliver a three-dimensional electromagnetic tool to conduct resource surveys for discovering hydrocarbons and minerals. NEMT has chosen MASTInc to produce EM receivers based upon MASTInc’s technology and leadership in its vision of where magnetic sensing is headed. Marius J. Mes, engineering manager for NEMT stated, “NEMT needs a small, directionally sensitive magnetic sensor with sensitivity in the pico-Tesla range that allows a high sampling rate. This sensor needs to be combined…

MondayMar 16, 2009 5:29 am

Far East Energy Corp. (FEEC.OB) Announces Strategic Relationship to Develop CBM Resources

Today, Far East Energy Corporation announced that it has formed a strategic alliance with Arrow Energy International Pte Ltd., the Singapore-based international arm of Arrow Energy Ltd., a large Australian coalbed methane (CBM) producer. As agreed, Arrow will pay Far East US $8 million in cash, and Far East will assign to Arrow a 75.25% share of Far East's participating interest in the Qinnan Production Sharing Contract to develop CBM resources in the Shanxi province of China. Arrow will become the operator and fund all exploration costs during the exploration period, including Far East's remaining 24.75% participating interest, until Arrow…

MondayMar 16, 2009 5:09 am

ChinaTel Group, Inc. (CHTL.OB) Raises $300 Million

ChinaTel Group, Inc., a company offering high speed wireless broadband and telecommunications infrastructure engineering and construction services, announced that it has closed a transaction with private investment group Olotoa Investments for the sale of 49 percent of ChinaTel’s Class A common stock for $300 million. The amount will be payable commencing March 9, 2009 through September 9, 2010 in such amounts and at such times as designated by the board of directors of ChinaTel. “Olotoa Investments wishes to diversify its portfolio by becoming a financial partner in the high growth regions of the telecommunications sector,” commented Paul V. Olotoa, CEO…

MondayMar 16, 2009 4:44 am

Axial Vector Energy (AXVC.PK) Petro-AVEC Joint Venture Has Environmental Edge

The new joint venture recently formed between Axial Vector Energy Corp. (AXVC.PK) and privately held Petrosonics, to market Petrosonics’ advanced sulfur removal technologies, is significantly strengthened by the presence of worldwide government movements to reduce sulfur emissions from automotive fuels. In addition, there is now increasing pressure to expand sulfur emission regulations to locomotives, ships, and other off-road fuels. Recently California proposed requiring ocean-going vessels to use lower-sulfur marine distillates when within 24 nautical miles of the coastline. Standard sulfur reduction technologies, such as hydrotreatment, are not cost effective for most small to mid-sized refineries, nor can they meet the…

FridayMar 13, 2009 1:06 pm

Lenco Mobile Inc. (LNCM.PK) is “One to Watch”

Lenco Mobile Inc. is focused on the high growth mobile marketing and Internet sectors. Their mission is to provide mobile marketing solutions to brand owners internationally. The company offers brand owners a comprehensive platform on which they can meet all of their mobile marketing needs. They do this by identifying key components of the value chain in the mobile marketing sector, such as SMS and MMS services, mobile content, mobile technology, payment solutions, and related electronic distribution platforms. The Company's subsidiary, Multimedia Solutions, provides MMS message solutions to mobile network operators and brand owners. Based in South Africa, Multimedia Solutions…

FridayMar 13, 2009 10:49 am

International Stem Cell Corp. (ISCO.OB) Teams with Cytograft to Develop a Method to Cultivate Living Human Grafts

Biotechnology company International Stem Cell Corp. (OTCBB: ISCO) is recognized as the first company to successfully create a human “parthenogenetic” stem cell from unfertilized human eggs. The company today announced it is working in collaboration with tissue engineers at Cytograft Tissue Engineering to make headway in human vascular grafts. Scientists at International Stem Cells’ subsidiary, Lifeline Cell Technology, will work with Cytrograft to develop and produce a customized cell culture to cultivate living human grafts, which is anticipated to be an advancement over previously used materials. Todd McAllister Ph.D., CEO of Cytograft, "The team at Lifeline Cell Technologies is uniquely…

FridayMar 13, 2009 8:23 am

Action Products International, Inc. (APII) Debuts Free Online Toy Store Program

Action Products International, Inc. announced that it has launched a new turnkey online toy web store and drop ship program to increase brand reach and sales of its award winning brands. Action Toys Inc., subsidiary of Action Products, has partnered with JRM-Hosting, a web building and hosting company, to create an easy way to take any toy store into the virtual world. The subsidiary is also providing a unique drop-ship program that will enable any retailer to sell Action Toys' branded craft, educational and socially friendly toys nationally. Ken Ninomiya, VP Business Development, commented, "This turn-key web store program provides…

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