TuesdayOct 11, 2011 1:55 pm

Beacon Equity Research: Investors Applaud Clean Diesel Technology’s (CDTI) Preliminary Q3 Results

Shares of Clean Diesel Technologies Inc., a vertically integrated worldwide manufacturer and distributor of emissions control systems and products, are soaring in today’s trading after today announced its unaudited third-quarter 2011 financial results. The company also entered into an equity purchase agreement with Lincoln Park Capital Fund LLC. At last check, Clean Diesel Technologies shares were trading 31.21% higher at $3.897, with volume up from daily average of 112,433 to 1,069,154. Clean Diesel said that it expects third-quarter revenue to be in excess $14.7 million. For the same period in the previous year, the company had revenue of $10.9 million.…

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TuesdayOct 11, 2011 1:35 pm

Rocky Mountain Chocolate Factory (RMCF) Posts Sweet Q2, FY2012 Results

Rocky Mountain Chocolate Factory Inc., an international franchiser of gourmet chocolate and self-serve frozen yogurt stores and manufacturer of premium chocolates and other confectionery products, today reported its operating results for the second quarter and first half of fiscal year 2012. For the second quarter of fiscal 2012, the company reported total revenues of $7.6 million, an increase of 14.3 percent compared to revenues of approximately $6.6 million in the second quarter of fiscal 2011. Retail sales increased 58.7 percent to $1.4 million for the second quarter of 2012 compared to $923,000 in the comparable quarter of 2011. Same-store sales…

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TuesdayOct 11, 2011 1:32 pm

Telkonet, Inc. (TKOI) and Green Lodging Energy Join Forces to Provide EcoSmart Energy Solutions to Hotels

Energy management platform developer, Telkonet, Inc. announced today that it has formed a strategic alliance with Green Lodging Energy ("GLE") to provide GLE with the ability to market and install Telkonet's portfolio of EcoSmart energy management products. The platforms provide comprehensive savings, management and reporting of a building's energy consumption. GLE recently completed installations at three individual Florida properties using Telkonet's suite of EcoSmart products: the TradeWinds Sandpiper Resort, an 800-room resort in St. Petersburg Beach; the Holiday Inn & Suites Gulfview in Clearwater; and the Holiday Inn Harbourside in Indian Rocks Beach. After evaluating many hospitality energy management systems,…

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TuesdayOct 11, 2011 11:56 am

Serious about Trading? Then SeriousTraders is for You!

Our partner SeriousTraders knows that elite traders have to stay on top of the market at all times, and they stand behind them by continually searching for incredible trading opportunities. SeriousTraders is jam packed with informative market data and specialized articles; you won’t miss an opportunity to hone your trading edge. Even if you’re just looking to become a Serious Trader, but don’t know where to begin – look no further. SeriousTraders wants you to feel confident in the news and information they publish. That’s why SeriousTraders is constantly researching and updating their website to bring you the latest information.…

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TuesdayOct 11, 2011 11:35 am

SMTC Corp. (SMTX) Announces Manufacturing Partnership with Prim’Tools

SMTC Corp. just announced the execution of a manufacturing partnership with Prim'Tools, one of the world's most prominent manufacturers and distributors of laser level surveying equipment and measurement devices. Prim'Tools is part of Hexagon Group, a world leader in design, measurement, and visualization technologies and solutions. SMTC's Dongguan, China based manufacturing facility will provide Prim’Tools with a complete turn-key manufacturing solution for its next generation of laser precision measurement equipment. SMTC has assembled a dedicated core team for new product introduction (NPI) and performed design for manufacturing (DFM) analyses as part of its engineering solution based services. The company has…

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TuesdayOct 11, 2011 11:20 am

All American Gold Corp. (AAGC) Progress at Goldfield West Property

If you travel three and a half hours northwest of Las Vegas, you will come across All American Gold Corp.’s Goldfield West Property. The site is a 2,100 acre (850 hectare) advanced exploration property with defined targets comprised of 105 unpatented mining claims. Approximately three miles west of the town of Goldfield, well-graded dirt roads make the site easily accessible. It is adjacent to International Minerals Goldfield properties, which reportedly contain 1.2 million ounces of gold resources. The Goldfield district is famous for multi-ounce, bonanza gold ores and has recorded historic production in excess of 4 million ounces of gold…

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TuesdayOct 11, 2011 11:05 am

Xtreme Oil & Gas, Inc. (XTOG) Hires Investor Relations Firm

Xtreme Oil & Gas, Inc. is an independent energy company whose primary focus is the redevelopment of proven oil and natural gas fields in the southern United States. The company is currently producing commercial quantities of oil and gas from fields it owns and operates in Texas, Oklahoma and Kansas. The company today announced it has retained Alliance Advisors LLC to provide important investor relations services in the United States. Alliance Advisors will aid Xtreme Oil & Gas in broadening its presence in the financial markets while helping investors gain a better understanding of the investment opportunity the company offers.…

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TuesdayOct 11, 2011 11:04 am

Direct Insite (DIRI) Forms Strategic Partnership with Enterprise Risk Management

On Monday, Direct Insite announced that they formed a strategic partnership with Enterprise Risk Management, a provider of risk management services to businesses and government entities globally. Direct Insite is a leading provider of on-demand services for accounts payable, accounts receivable, and payments automation. Direct Insite automates processes such as electronic invoice distribution and submission; purchase order submission, distribution and acknowledgement; invoice processing and validation; line item matching; approval routing; invoice consolidation; dispute management, as well as payment processing. Enterprise Risk Management's service lines include IT security, risk management, computer forensic services, IT audit services, regulatory compliance, and attestation services.…

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TuesdayOct 11, 2011 10:53 am

Strategic American Oil Corp. (SGCA) Announces Estimated Net Proved Reserves at 1.6 Million Barrels of Oil with 16.6 Billion Cubic Feet of Natural Gas

Today shortly before the opening bell, Strategic American Oil announced that it has received its fiscal year end independent reserve report for the company's productive interests in Texas and Louisiana as of July 31, 2011. Investors should note that this reserve report does not include the recent acquisition of SPE Navigation I, LLC. The report estimates net proved reserves of 1.2 million barrels of oil and 12.5 Bcf (billion cubic feet) of natural gas. According to the press release, this translates to approximately $97.3 million undiscounted, or $58.9 million discounted at 10 percent, in net proved reserves for Strategic American…

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TuesdayOct 11, 2011 10:28 am

Kranem Corp. (KRAN) Reclassifies May 13, 2011 Transaction with Xalted Networks, Inc.

Kranem Corp. announced that it has reclassified its May 13, 2011, acquisition of Xalted Networks, Inc. as a reverse recapitalization, which is often referred to as a reverse merger, rather than a stock acquisition. Kranem has determined that its unaudited financial statements for the three month period ended June 30, 2011 and included in its quarterly report on Form 10-Q for the reporting period ended June 30, 2011 should be restated to reflect the new accounting treatment of the Xalted Networks, Inc. transaction. Accordingly, Kranem will file an amended 10-Q (10-Q/A) with the Securities and Exchange Commission for the three…

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