FridayMar 06, 2009 6:40 am

Gulf Resources, Inc. (GFRE.OB) Receives $7.5 Million in Follow-up Orders for Environmentally Friendly Chemicals

Gulf Resources, Inc., a leading manufacturer of bromine, crude salt and specialty chemical products in China, announced that the company’s wholly-owned subsidiary, Shouguang Yuxin Chemical Industry Co., Limited (“SYCI”) on March 3, 2009 signed an agreement with Kuerle City Xingdong Trading Co., Ltd. (“Xingdong”), a distributor of additive materials for oilfields in Xinjiang autonomous region, to deliver environmentally friendly chemical products valued at approximately $7.5 million. According to the purchase order, Gulf Resources will deliver 2,500 metric tons of environmentally friendly polyether lubricant, and 1,500 metric tons of environmentally friendly solid lubricant. While this purchase order is a monumental accomplishment…

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ThursdayMar 05, 2009 12:58 pm

SkyPostal Networks Inc. (SKPN.OB) Takes a Dip in Caribbean Market through Strategic Partnership with Online Shopping Network Versatile Distribution

International postal company SkyPostal Networks Inc. (OTCBB: SKPN) is the largest private mail distribution company in Latin America. The company today announced its Punto Mio division has inked an agreement with Versatile Distribution Technologies Inc., an online shopping destination, stepping past international lines with cross-border delivery. Per the business development, Versatile will raise awareness for, and promote Punto Mio’s online shopping services (www.PuntoMio.com) throughout the Caribbean. Versatile will establish primary partners in each country for logistical advantages as well as to ensure customer clearance, final delivery and customer service. SkyPoastal will foster exports, which allows Caribbean merchants the ability to…

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ThursdayMar 05, 2009 9:54 am

China Automotive Systems, Inc. (CAAS) Bucks the Trend; Anticipates Record Production

Unlike the “Big Three,” China Automotive Systems, Inc. has been doing quite well recently and expects its subsidiary, Jingzhou Henglong Automotive Parts Co., Ltd. ("Henglong"), to have a record monthly production of 85,000 power steering units for passenger vehicles this month. The company also announced that subsidiary Henglong Wan'an (''WanAn'') matched its record daily production rate of 1,600 units following the Chinese New Year as a result of a large number of new orders. Mr. Qizhou Wu, Chief Executive Officer of China Automotive Systems, stated, "We are beginning to see results from the government stimulus packages targeting the general economy…

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ThursdayMar 05, 2009 9:50 am

Allegiant Professional Business Services Inc. (APRO.PK) Updates Investors on Efforts to Return to the OTCBB as a Fully Reporting Company

Allegiant Professional Business Services Inc. was pleased to announce earlier this week that it will be filing a Form 10-KSB in the near future for fiscal year ending September 30, 2008 and Form 10-QSB for the first quarter of fiscal year 2009. David Goldberg, CEO, commented, "As previously announced, we have already signed upwards of $20M in new contracts through our New Jersey office. Although I am delighted with this result the subsequent event of the additional revenues has caused a delay of our required filings." He added, "The filing of the aforementioned K and Q, and subsequent filings to…

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ThursdayMar 05, 2009 7:30 am

Carbon Sciences Inc. (CABN.OB) Launches New Website that Will Highlight Market Potential

Carbon Sciences Inc. announced the launch of an updated website that reflects its market potential and key advantages over other renewable fuel technologies. The website describes how Carbon Sciences’ breakthrough technology has the potential to produce more than 30% of global liquid fuel supply using less than half of the CO2 emissions from coal-fired power plants. Carbon Sciences has been gaining national recognition because of their developing breakthrough technology that can transform carbon dioxide (CO2) emissions into fuels such as gasoline, diesel fuel, jet fuel and other portable fuels. Innovating at the intersection of chemical engineering and bio-engineering disciplines, the…

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ThursdayMar 05, 2009 6:27 am

CEO of OriginOil, Inc. (OOIL.OB) Participates in Key Panel at Algae Biofuels Summit 2009

OriginOil, Inc. (OOIL.OB) is pleased to announce that the company’s CEO, Riggs Eckelberry, will participate in a panel alongside other industry leaders at the Algae Biofuels Summit on March 24, 2009. As much of the world’s oil and gas sources are made up of ancient algae deposits, scientists worldwide are focused on finding methods of producing “new oil” from algae. OriginOil has developed technology that transforms algae into an alternative fuel source that is comparable to petroleum. The Algae Biofuels World Summit will gather top scientists from around the globe in the first major event focused on algae biofuels. Representatives…

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ThursdayMar 05, 2009 6:20 am

GTX Corp. (GTXO.OB) Accelerates Go-To-Market Strategy, Adds Technological Visionary and Former Apple CEO to the Team

GTX Corp. announced this week that it is accelerating its "go-to-market" strategy through product expansion and the addition of Dr. Gilbert Amelio of Alteon Capital Partners as a Strategic Advisor. The number of people subscribing to wireless communication services has been increasing every year. In fact, the number of mobile handsets is projected to surpass four billion in 2011 according to Wireless Intelligence, the GSMA's market intelligence unit. As this number continues to grow, so will the number of handsets that have GPS and positioning capability. GTX Corp is implementing an aggressive plan to capitalize on this burgeoning opportunity by…

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WednesdayMar 04, 2009 1:41 pm

eSolar, Inc. Signs $30 Million Agreement with ACME Group

eSolar, manufacturer of scalable, modular solar power collection plants, reported today the signing of an exclusive agreement with the ACME Group, one of India's leading environmentally-conscious energy companies. eSolar utilizes specialized solar thermal energy technology to derive power from the sun. Traditional solar power uses costly photovoltaic panels to convert the sun's light directly into electricity. eSolar's lesser-known thermal method uses concentrated sunlight to heat water, the steam from which then powers a turbine generator. This cost-effective technology has made eSolar one of the first companies to allow solar energy to compete with fossil fuels. The liscensing deal will allow…

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WednesdayMar 04, 2009 10:46 am

The Center For Wound Healing, Inc. (CFWH.OB) is “One to Watch”

The Center For Wound Healing, Inc. is a leading manager of comprehensive wound-care treatment centers. These centers offer hyperbaric oxygen therapy (HBOt) and traditional wound-care treatments. Headquartered in Tarrytown, New York, the company is part of the Specialized Health Services industry in the Healthcare sector. In partnership with local acute care hospitals, The Center For Wound Healing manages 35 wound care centers in the eastern United States. The Company recently procured an $8 million working capital and term loan facility with Signature Bank. This replaces a $6 million line they previously had with the bank. Founded by physicians in 1997,…

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WednesdayMar 04, 2009 10:25 am

Cienega Creek Holdings, Inc. (CCKH.OB) Announces Completion of Share Buyback and Announces Strategic Business Changes

Cienega Creek Holdings, Inc. was pleased to announce today that it has completed a privately negotiated stock repurchase agreement for 75% of the company's outstanding stock. As terms of the agreement, the company acquired 7 million shares from the estate of its former director and retired the shares through cancelation. This action substantially reduced the number of outstanding shares. The company now has 2,294,250 outstanding shares, 895,250 of which are free-trading and unrestricted. Michael Klinicki, president of the company, commented, "Shareholder value was the driving force behind the purchase. We are committed to providing our shareholders with the very highest…

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