Blog - Page 4274 of 5774

WednesdayMay 20, 2009 6:29 am

TrinityCare Senior Living, Inc. (TCSR.OB) Reports Operating Results for First Quarter of 2009

TrinityCare Senior Living, Inc. today reported its financial results for the first quarter of 2009. Revenues for the quarter totaled $1,547,001, up 19% from the $1,305,624 generated in the first quarter of 2008. Gross profit rose approximately 51% to $813,707 (52.6% of revenues) in the most recent quarter, compared with $539,551 (41.3% of revenues) in the three months ended March 31, 2008. According to the company, gross profit improved primarily as a result of improved occupancy rates at the company's three senior living facilities. Net loss came in at ($245,946), or ($0.03) per share, for the first quarter of 2009.…

WednesdayMay 20, 2009 6:13 am

Fresh Harvest Products, Inc. (FRHV.OB) Nearly Finished Performing Due Diligence on Acquisition Candidate

Fresh Harvest Products, Inc. announced that it is close to completing its due diligence in order to complete the acquisition of Organic Chef, LLC. As of today the company is waiting for the final Asset Valuation Report to finalize the purchase price of the assets to be acquired. Fresh Harvest expects the independent asset appraisal of Organic Chef, LLC to be completed before the end of this week and the asset acquisition agreement to be executed the following week. Michael J. Friedman, FRHV's CEO, stated, "We are very excited to be nearing the completion of the asset acquisition of Organic…

WednesdayMay 20, 2009 4:42 am

EV Innovations, Inc. (EVII.OB): Why Electric Transportation and not Gas or Fuel Cell?

All-electric vehicles, such as those provided by EV Innovations, are powered by high energy density and lightweight rechargeable lithium-ion batteries. These batteries, easily charged using household electricity outlets, are discharged during use to power electric motors with zero emissions. Electric vehicles are very reliable and maintenance free. They do not require oil changes, filter changes or tuning and have less than 1/10th the number of parts a gas car has. EV Innovations believes that the best way to reduce carbon emissions is to utilize the cleaner, greener, and increasingly more renewable grid to power transportation. The electric powered vehicle is…

WednesdayMay 20, 2009 4:04 am

ZAP (ZAAP.OB) Unveils Electric Truck Wheel Motor Technology

ZAP, a leader in electric transportation delivering over 100,000 vehicles to consumers in more than 75 countries, recently unveiled an 8,000-watt wheel motor powering both rear wheels of a production ZAP electric truck. A result of more than five years of research, this latest wheel motor design is designed to improve the power and efficiency of the company’s electric vehicles (EVs). The company’s 8,000-watt wheel motor is nearly three times more powerful than the Zapino scooter motor, with minimal increase in weight and size. Wheel motors are lighter and more compact, eliminating the need for a transmission and drive train.…

TuesdayMay 19, 2009 11:52 am

Kraig Biocraft Laboratories Inc. (KBLB.OB) and Team of Scientists Successful in Creating 8 Spider Silk-Based DNA Constructs

Kraig Biocraft Laboratories Inc. develops protein-based fiber using recombinant DNA technology. The company uses spider silk because of its exceptional strength and durability. Some spiders produce up to seven different types of silk, depending on its use, for catching prey, spinning a web, or traveling. Since spiders are cannibals and hard to keep in colonies, the company maintains its focus on reproducing the fibers, mimicking nature as much as it can. The fibers can be used in military and police departments, industrial and consumer applications, as well as for the aero-space industry. Earlier this month, Kraig Biocraft announced that it,…

TuesdayMay 19, 2009 9:08 am

Mantra Venture Group Ltd. (MVTG.OB) Recognizes the Significant Market for the Biometals Recovery System

Mantra Venture Group Ltd., through its group of sustainable energy, carbon reduction, and consumer product subsidiaries, is active in the green technology marketplace. By aggressively seeking out new technologies and innovative solutions for a cleaner Earth, the company has a multi-faceted approach focused on profitability through sustainability. Mantra Venture recently signed an exclusive option agreement to acquire the license of the biometals recovery system (BRS) – a biological-based water treatment system that selectively recovers and upgrades valuable metals with maximum energy recovery. A major market for this technology is acid mine drainage. Acid mine drainage, the outflow of acidic water…

TuesdayMay 19, 2009 9:01 am

Energtek, Inc. (EGTK.PK) Success Partially Based On High-Powered International Board

Energtek, Inc., a leader in alternative technologies for the storage and movement of natural gas, leverages the strengths of its Board of Directors as it seeks to grow internationally. The company uses ANG (Adsorbed Natural Gas) and other technologies to supply natural gas for industrial and commercial consumers not connected to a gas network using bulk transportation solutions. This allows Asian countries to tap their vast reserves of economical and clean natural gas without having to lay an extensive network of pipelines or use costly compressed natural gas transportation. In addition, Energtek’s proprietary technologies are now being used to convert…

TuesdayMay 19, 2009 7:38 am

SkyPostal Networks, Inc. (SKPN.OB) Reports Financial Results for 2009 First Quarter

SkyPostal Networks, Inc., the largest private postal network in Latin America, this morning announced its financial results for the first quarter ended March 31, 2009. Highlights include: First quarter revenue of approximately $2.6 million and a net loss of $0.01 per basic and diluted share Completion of strategic acquisition of LEL to lower costs and increase SkyPostal’s competitiveness in the Latin America market Opening of a mail processing hub in Bogota, Colombia to reduce air transport, mail processing costs and improve mail delivery transit times “We are pleased with the progress we made on our business objectives in the first…

TuesdayMay 19, 2009 7:30 am

ERF Wireless (ERFW.OB) Adds Energy Sector Expert Douglas Gibson to the Team

Today, ERF Wireless, a leading provider of enterprise class wireless products and services, announced that Douglas S. Gibson, a world-class energy industry consultant, will be joining the ERF Wireless team. “We’re very pleased that Douglas has agreed to join the team,” stated John Nagel, CEO of the Oil & Gas Division of ERF Wireless. “We are confident that the experience he brings, both in terms of business strategy and energy consultation, will have a tremendous impact on both our immediate and long-term goals. He has operated between the oil centers of the world seeking the best and latest energy-related technologies,…

TuesdayMay 19, 2009 6:21 am

Axial Vector Energy Corp. (AXVC.PK) Selects Technology Transfer Agent and Schedules Open House Presentation

Axial Vector Energy Corp. was pleased to announce today the nomination and finalization of its technology transfer contractor in the United States, EngineTec, Inc. The contractor has served as systems integrator for the engines and generators on behalf of Adaptive Propulsion Systems and will now work with AVEC to transfer the technology to the licenses. The company also announced that it has planned an open house to demonstrate its engines and generators. All shareholders are invited to attend and invitations are being sent to manufacturers of cars, trucks, gensets, elevators, electric motors, environmental groups, state and local officials in Virginia,…

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