January 2008 - Page 18 of 77

MondayJan 28, 2008 4:31 am

Ballard Power Systems (BLDP) Shareholders Approve Sale

Ballard Power Systems (BLDP) announced that shareholders have approved the previously announced transaction to sell the company's automotive fuel cell assets to Daimler AG and Ford Motor Company. Of the shareholders that voted, 97.8% were in favor, giving overwhelming support to the transaction. John Sheridan, Ballard's President and CEO, stated, "This transaction lowers Ballard's risk profile by addressing the realities of the high cost and long timeline for automotive fuel cell commercialization. It enables us to concentrate on growth in fuel cell applications which provide clean energy solutions in commercial markets such as materials handling, backup power and residential cogeneration."…

SundayJan 27, 2008 7:30 pm

Gulf Resources, Inc. (GFRE.OB) And DAQING Petrochemical General Manufacture Sign Letter of Intent

Gulf Resources, Inc. (GFRE.OB) announced that the company's wholly owned subsidiary company, ShouGuang City YuXin Chemical Company, has signed a letter of intent with DAQING Petrochemical General Manufacture. This Letter of Intent specifies that DAQING will purchase an additional 10,000 tons of oil refining additives during the year 2008. The anticipated level of purchases would generate approximately $20 million in revenues for the Company. DAQING Petrochemical Complex Office, a subsidiary of China National Petroleum Corporation [CNPC], is one of the largest Petrochemical Joint Enterprises in China. DAQING's main businesses include Petrochemical, Petrochemical Extended Processing, and Project Design and Project Construction.…

SundayJan 27, 2008 7:29 pm

HemoBioTech, Inc (HMBT.OB) Announces New Corporate Developments

HemoBioTech, Inc (HMBT.OB) announced that the company's Chairman & CEO, Dr. Arthur P. Bollon, will appear as one of the panelists on The McCuistion Program, airing Sunday, January 27, 2008 at 12:30PM. This program will be aired on the Dallas-Fort Worth KERA-Public Television, Channel 13. The title of this program, "Blood Shortage Situation...The Challenges, Options & Solutions", will utilize a panel of experts to give their input on the current blood shortage plague. Such experts include: Dr. Arthur Bollon. Chairman and CEO of HemoBioTech; Dr. Bernhard Mittemeyer, Former U.S. Army Surgeon General and HemoBioTech Director; and Dr. John Theus, Chief…

SundayJan 27, 2008 3:35 pm

Pizza Inn, Inc (PZZI) Opens Second New Buffet in Oklahoma

Pizza Inn, Inc (PZZI) announced that the company has opened a new Pizza Inn buffet restaurant in Pryor, Oklahoma. The new restaurant is owned and operated by Dwight and Jennifer Owens, the second Pizza Inn restaurant the Owens have opened. Their first restaurant is located in Wagoner, Oklahoma. This new facility will be located at 437 S. Mill Street and have a seating capacity of 85. Additionally, the new Pizza Inn will also feature delivery and drive-thru services. Charlie Morrison, President and CEO of Pizza Inn, stated, "We are impressed with Dwight and Jennifer's passion and commitment to the communities…

SundayJan 27, 2008 3:33 pm

Bank of the James Financial Group, Inc. (BOJF.OB) Announces Results for 4th Quarter 2007

Bank of the James Financial Group, Inc (BOJF.OB), announced fiscal results for the fourth quarter 2007. Specifically, the company reported total net income after tax of $607,000 or $0.24 per basic share for the quarter ended December 31, 2007 and $2,084,000 or $0.82 per basic share year-to-date. Compared to net income of $565,000, or $0.25 per basic share, and $1,765,000, or $0.80 per basic share, for the respective periods a year ago, this represents an increase of 18%. Non interest income increased from $2,314,000 in the year ended December 31, 2006 to $2,751,000 in the year ended December 31, 2007,…

SundayJan 27, 2008 3:29 pm

Intrepid Technology and Resources, Inc. (IESV.OB) Begins Soil Amendment Sales to Golf Courses

Intrepid Technology and Resources, Inc (IESV.OB), a leading alternate energy and soil amendment company, announced that the company has begun to market their branded FiberBlend soil amendment product to municipal and private golf courses in the Idaho, Utah and California area. Specifically, Intrepid has formally established a marketing group headed by board member John Brockage. This group has already begun to aggressively market the FiberBlend product to the golf industry. FiberBlend products are well suited for golf courses as they are able to maintain steady soil condition and retain water, both critical issues to golf courses. FiberBlend is a unique…

SundayJan 27, 2008 3:28 pm

Sun Cal Energy, Inc (SCEY.OB) Announces Daily Gas Flow Rates in Excess of 12 Million Cubic Feet a Day

Sun Cal Energy Inc (SCEY.OB), a leading energy exploration company, announced that the company has been advised by the operator of the Cunningham 1-02 well on the Hobart Prospect in Washita County, Oklahoma that the daily gas flow rates from the well are in excess of 12 million cubic feet a day. This result further emphasizes Sun Cal's successful drilling operations throughout multiple corporate properties. Previously, the company announced that their Sturgeon 1-11 well, also drilled by the same operator, was able to exceed initial pump estimates. As a result, these two wells represent the commercial success of the Hobart…

FridayJan 25, 2008 6:44 pm

Plexus Corp. (PLXS) Announces First Quarter Fiscal and EPS Results

Plexus (PLXS) announced that its first quarter 2008 fiscal results ending December 29, 2007 were at $458M with diluted GAAP EPS of $0.58, including $0.04 per share of stock-based compensation expense. Return on investment capital (ROIC) for the first quarter was 25.9%, which was influenced positively by a favorable mix of programs in the quarter. The company defines quarterly ROIC as tax-effected operating income, including restructuring costs, divided by average capital employed over a rolling two quarter period. Cash flow provided by operations was approximately $16.6M for the quarter. The top 10 customers comprised 63% of revenue during the quarter,…

FridayJan 25, 2008 6:33 pm

Medefile International, Inc. (MDFI.OB) Sales and Marketing Strategy

MedeFile will implement a multi-tiered marketing strategy to generate awareness of the company’s products and services, including both grass root initiatives and traditional approaches. MedeFile will promote its products and services via direct sales, direct mail campaigns, radio advertisements, television infomercials, speaking engagements by senior management, participation in trade shows and strategic alliances. The company’s marketing strategy will target HMOs, PPOs, insurance companies, unions, managed care organizations, home health care agencies, retirement communities and nursing homes. Sales will be generated through direct sales and online memberships. In addition to these methods, the company will target physician offices for referrals with…

FridayJan 25, 2008 6:31 pm

Overview of Medefile International, Inc. (MDFI.OB) Products and Services

MedeFile, a business-to-business and business-to-consumer subscription service, provides a lifetime online record of members’ medical records. This service retrieves and consolidates copies of members’ medical records into a single medically correct format. All records are stored in MedeFile’s MedeVault, which is secured through SecuroMed, and can be accessed online 24 hours a day, seven days a week. The unique security feature of the MedeFile system only allows the member to give permission to access their records. As part of the MedeFile service, each member is provided with a MedeDrive, an external USB drive that contains all of the member’s emergency…

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Month: January 2008