Blog - Page 3503 of 5764

FridayJul 01, 2011 1:10 pm

Mexco Energy Corp. (MXC) Reports on Permian Basin Activity

Mexco Energy Corp. issued an operational update on the company’s oil and gas operations in the United States, where it is active in developing various formations in the Permian Basin. Mexco Energy closed on the sale of a partial interest in leasehold in West Texas to Energen Corporation. The company received cash consideration of $450,000 in exchange for a five year lease on 200 acres. Mexco Energy said that the company retained an 8.33% royalty interest in the lease, which is located in Loving County, Texas. The company believes that the lease is prospective for a number of oil and…

FridayJul 01, 2011 1:08 pm

Airline Intelligence Systems Inc. (ASYI) Estimates $20 Billion Savings Annually for Airline Industry

The airline industry rests largely on three interdependent components, each of which has weaknesses not previously addressed: • Business Planning – Current tools are inadequately suited to the task • Revenue Management - Pricing strategies don’t accurately reflect market conditions • Operations - Operations cannot deal with changes in the timeframe required Of these three, business planning is considered the most important, since it directly supports the other two, and yet it is the area where airlines have the least effective tools. Due to the vast number of variables involved in airline planning and scheduling, the traditional process has required…

FridayJul 01, 2011 11:22 am

Medina International Holdings, Inc. (MIHI) Signs Agreement with WinTec Protective Systems

Today, Medina International Holdings, Inc. released news that company has formed a Contribution and Exchange Agreement with WinTec Protective Systems, Inc. According to the agreement, Medina will issue 3,000,000 shares of its restricted common stock in exchange for 20,400,000 shares of WinTec’s common stock. Medina will hold 51% of the issued and outstanding common stock of WinTec, essentially making WinTec Medina’s subsidiary. The Company has filed an 8K, which is available at www.sec.gov, detailing the transaction. WinTec, located in Houston, Texas, has developed various proprietary products, which include CORTAIN, Hydro-Tain and Blast Block. Medina International Holdings has first right to…

FridayJul 01, 2011 10:10 am

Beazer Homes USA Inc. (BZH) Video Chart for Friday, July 1, 2011

BZH has been on a slide since the start of 2011, but is trying to iron-out a bottom after a bounce off $2.99. The smoothed indicators are trying to turn and are at critical points as technical traders watch for the sideways channel to end. To view the video chart, visit the following link: http://www.qualitystocks.net/videocharts.php Let us hear your thoughts below:

FridayJul 01, 2011 10:09 am

FBI Purchase of Arista Power, Inc. (ASPW) Renewable Energy System Hints at Market Potential

Arista Power Inc., a diversified renewable energy product and services manufacturer, recently received an order for a Mobile Renewable Power Station (MRPS) from the Federal Bureau of Investigation (FBI) Audio Technology Deployment Unit Power Sources Program. The FBI’s order includes Arista’s patented, ducted WindTamer wind turbine, as well as solar cells, fuel cells, and energy storage and power distribution system. The system was designed to replace diesel fuel generators, providing continuous operations. Since the system can be transported by commercial vehicles, the FBI can implement the MRPS system to power its communications equipment even in remote locations. Nick Foundos, electrical…

FridayJul 01, 2011 8:33 am

Imperial Petroleum Inc. (IPMN) is “One to Watch”

Imperial Petroleum, Inc. is a diversified energy company focused on biodiesel and biofuels production; traditional oil and gas exploration and production; and non-traditional oil production of heavy oil from mineable tar sands. The company plans to expand its biofuels operations across the United States over the coming months and is currently evaluating other sites for biodiesel facilities. The company’s biodiesel and biofuels division uses waste greases and oils, including chicken fat, as its primary feedstock. Biodiesel sales for the quarter ended April 30, 2011 were approximately $36.5 million on volumes of about 8.7 million gallons. The production facility is now…

ThursdayJun 30, 2011 5:11 pm

Bio-Solutions Corp. (BISU) Makes New Appointment to Board of Directors

Today, Bio-Solutions Corp. announced that they appointed Mr. Mark S. Solomon to their Board of Directors. Mr. Solomon is a practicing attorney in Fort Lauderdale, Florida. He has more than 32 years of law practice experience. In addition, he sits on both the Florida and Federal Bar Association. Mr. Solomon will replace Mrs. Ghislaine St-Hilaire, whom, as of May 1, 2011 resigned from the Board as Secretary. Mrs. St-Hilaire will be joining a new start-up company; she will be intimately involved in the daily operations leaving no extra time for Bio-Solutions Board activities. Gilles Chaumillon, the President and CEO of…

ThursdayJun 30, 2011 5:09 pm

Elite Pharmaceuticals (ELTP) Side-Steps Bankruptcy Threat, Posts Yearly Revenue Increase

Elite Pharmaceuticals Inc., a specialty pharmaceutical company dedicated to developing and commercializing oral controlled release products, today announced results for the fiscal year ended March 31, 2011. Total revenues increased 28 percent to $4.3 million compared to 2010 total revenues of $3.3 million. The company generated $1.6 million in positive cash flow, compared with negative operating cash flows of $1.4 million last year. Elite attributes the increases primarily to the manufacture, sale and lab services related to its Lodrane line of products, which were discontinued in April 2011 after the U.S. Food and Drug Administration ordered the removal of hundreds…

ThursdayJun 30, 2011 4:47 pm

Scorpex, Inc. (SRPX) Takes on Mexico’s Growing Baja Peninsula

In much of Mexico, the rules for waste management are changing, reflecting a growing population, tourism, and industrialization. In an attempt to tighten up waste management regulations, the General Law for Waste Prevention and Waste Integral Management was published in the Official Federal Bulletin for Mexico, and it became clear that additional resources were needed to address Mexico’s most severe waste management problems. Nowhere is the subject of waste management more relevant than on Mexico’s Baja Peninsula, the long strip of land running 775 miles from the southern border of California south to Cabo San Lucas, dividing the Pacific Ocean…

ThursdayJun 30, 2011 3:40 pm

GTX Corp. (GTXO) GPS Tracking Apps Crosses Over 1 Million Users

GTX Corp. is a leader in embedded real-time GPS tracking and personal location services. The company today announced that its LOCiMOBILE subsidiary's GPS Tracking Apps crossed over 1 million downloads with users in 116 countries. The GPS tracking app is a simple way to stay connected to a child, parent, friend or business associate. Users can quickly and accurately do so from a smartphone or internet ready device like the iPod, iPad or Android tablet, with the touch of a button. The company pioneered 2-way GPS tracking technology over 9 years ago and defined a whole new category of location-based…

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