Blog - Page 3717 of 5768

MondayNov 22, 2010 10:40 am

China Agri-Business, Inc. (CHBU.OB) Revenues and Net Income Grow Substantially in the Third Quarter

China Agri-Business, Inc., manufacturer and distributor of non-toxic fertilizer, bactericide, and fungicide products used for farming in China, today announced its operation results for the three months ended September 30, 2010. Sales increased from $617,457 in the third quarter of 2009 to $3,530,563 in the third quarter 2010, a 471% increase. Net income increased 261% to $895,984 in the third quarter 2010 compared to $247,818 in the third quarter of 2009. Earnings per common share was reported at $0.07 for the third quarter compared to $0.02 in the prior year period. At the end of the quarter, China Agri-Business had…

MondayNov 22, 2010 10:30 am

Drinks Americas Holdings, Ltd. (DKAMD.OB) Adds Former Coca Cola Executive as an Advisor

Drinks Americas Holdings, Ltd., a leading developer and marketer of beverage products, announced that former Coca Cola executive Shaun B. Higgins will serve in an advisory capacity. At Coca Cola, Mr. Higgins served as Executive Vice President and President of the European Group. Over the course of his career, Shaun has accumulated a unique combination of U.S. and international experience in the areas of strategy, sales and operations, finance and people development. His involvement with the soft drink industry dates back to 1977, serving in significant roles, including both Chief Operating Officer and Chief Financial Officer. After graduating Magna Cum…

MondayNov 22, 2010 10:23 am

FalconStor Software (FALC) Appoints Brendan Kinkade to Expanded VP Role

FalconStor Software, a market leader in disk-based data protection solutions, today announced that it has appointed Brendan Kinkade to an expanded role as Vice President of Channel Management and Global Alliances, where he will oversee the evolution of the FalconStor channel program, and the ongoing development of strategic partnerships to increase the company’s market presence and reach. Commenting on the appointment, Mr. Kinkade said, “This is an incredibly exciting time to be in the data protection industry, which is in the middle of a transformation that promises to be a significant business opportunity for FalconStor and its partners. In the…

MondayNov 22, 2010 9:46 am

Medisafe 1 Technologies Corp. (MFTH.OB) Gains National Recognition for Syringe Safety Locking Device

Located in Ann Arbor, Michigan with offices across the globe, Medisafe 1 Technologies Corp. is a young company that seeks to effectively prevent unauthorized administration of drug or medicinal substance by hypodermic needles and accomplishes this feat with their state-of-the-art patented technology. Today, Medisafe took a major step towards prominence and national acclaim with the success of the presentation of their syringe safety locking device. The presentation of the device was made at the annual Medica 2010 Conference in Dusseldorf, Germany which was held from November 16-19. A poll of companies at the conference revealed an array of interest in…

MondayNov 22, 2010 9:14 am

HiSoft Technology International Ltd. (HSFT) Reports Earnings for Third Quarter of 2010

HiSoft Technology International Ltd. reported strong year over year increases in sales and net income in the third quarter of 2010. The company attributed the gains to strong growth in China and more breadth of business from its existing client base. HiSoft Technology International Ltd. reported sales of $38.9 million in the quarter ending September 30, 2010, compared to $22.8 million in sales in the same quarter last year. This represented a 71% increase. HiSoft Technology International Ltd. reported net income of $4.79 million, or $0.16 per diluted American depositary share, in the third quarter of 2010. The company earned…

MondayNov 22, 2010 9:09 am

Mantra Venture Group Ltd. (MVTG.OB) Engages Shorey PR

Recently, Mantra Venture Group Ltd. enlisted the help of PR group Shorey Public Relations to introduce the company to media, investors and the government in order to illustrate their worth as a company and to expand visibility in North America while potentially building partnerships and acquiring projects. Mantra is active in green technology, with a focus on "profitability through sustainability", with carbon reduction and consumer product subsidiaries. Shorey PR has experience working with alternative energy companies, technology firms and government agencies, making them a logical choice for Mantra. Among their clients are the U.S. Department of State, SONY/ BMG MUSIC,…

MondayNov 22, 2010 9:07 am

Northstar Electronics, Inc. (NEIK.OB) Announces Third Quarter Results

Northstar Electronics, Inc., specializing in engineering and contract manufacturing for Aeronautics, Defense, and Homeland Security, announced their 2010 third quarter results. Sales revenue for the three-month period ended September 30, 2010 was $528,520. This is in comparison to $875,049 of sales revenue recorded during the same three-month period in 2009. Sales revenue for the nine-month period ended September 30, 2010 was $2,767,591. This is in comparison to $2,257,445 in the same prior year period. The net loss for the three-month period ended September 30, 2010 was $366,859, compared to a net loss of $288,009 for the three months ended September…

MondayNov 22, 2010 9:05 am

China Linen Textile Industry Ltd. (CTXIF.OB) Acquires Lanxi Tianxianfang Linen Co. Ltd.

On Friday, China Linen Textile Industry, Ltd. announced that it has acquired a 100% equity interest in Lanxi Tianxianfang Linen Co., Ltd. The acquisition, valued at approximately $6.7 million, will expand the capacity of the company's two main product lines. The acquisition will also function as a way to help China Linen meet its growing customer demand. This acquisition is expected to add approximately $4.9 million in revenue and $1.2 million in net income annually, while maintaining gross margins of approximately 30%. The acquisition includes a 23,358 square foot office building, a spinning production line with 3,000 spindles, bleaching machines…

MondayNov 22, 2010 9:03 am

PDC Energy (PDC) Releases 2011 Oil and Gas Capital Budget

PDC Energy released the company’s preliminary oil and gas exploration and development budget for 2011. The company expects to spend up to $300 million, subject to approval by the board of directors. PDC Energy estimates that its 2011 capital plan will range between $260 and $300 million, with development drilling comprising between $205 million and $240 million of the total. The company will also spend $36 million to repurchase several oil and gas partnerships issued in 2005. PDC Energy is active in developing the Niobrara oil formation in the Wattenberg Field in Colorado, where it is conducting a horizontal drilling…

MondayNov 22, 2010 8:48 am

President and CEO of True 2 Beauty, Inc. (TRTB.PK) Interviewed by SmallCapVoice.com

Today before the opening bell, SmallCapVoice.com, Inc. announced that a new audio interview with True 2 Beauty Inc., a leading manufacturer and distributor of male sexual potency pills and liquid products in the United States, is now available for playback. The interview can be heard at http://smallcapvoice.com/blog/11-19-10-audio-interview-with-true-2-beauty-inc-pink-sheets-trtb A recognized corporate investor relations firm, with clients nationwide, SmallCapVoice is known for its ability to help emerging growth companies build a following among retail and institutional investors. The firm offers individual investors all the tools they need to make informed decisions about the stocks they are interested in. Tools include stock…

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