August 2008 - Page 9 of 55

WednesdayAug 27, 2008 4:11 am

The New World Business Paradigm of China BAK Battery Inc. (CBAK)

This stock is an object lesson in a new way of doing business. It treats losses as investments. The company operates in China, though it is listed on NASDAQ. Do not heap scorn on the practice of accumulating losses for market share, because contrary to business management theory, it seems to work. It may have something to do with the nature of the business of lithium-ion batteries. Look around and you will find that we all use them. Electronic devices cannot be portable without lithium-ion batteries. They power laptops, cellular telephones, and music players. You might expect that something which…

WednesdayAug 27, 2008 4:07 am

Satcon (SATC) Increases Delivery for Solar Power Grid

Satcon’s PowerGate Plus 500 kW commercial solar photovoltaic inverters will provide 20MW for the European utility, Energy 21. Installations for large-scale plants in the Czech Republic and Slovakia are set to begin in Oct. 2008 and continue through the spring of 2009. The move is part of a new agreement with CE Solar, the project development arm of Energy 21. "Our goal is to create long-term investment opportunities for our clients by providing clean, reliable energy in a profitable way," said Energy 21 CEO Gary Mazzotti. "We chose Satcon because we believe they offer the best in class solutions for…

WednesdayAug 27, 2008 4:06 am

SpongeTech Delivery Systems, Inc, (SPNG.OB) Sponsors Golf Tournament for Autism

Sports stars and SpongeTech Delivery Systems (OTCBB: SPNG) came out to raise money for a good cause Monday in Farmingdale, NY. The Darryl Strawberry Foundation, for children and families affected by autism, benefited from the golf outing in Bethgate State Park. Among the sports greats were Carl Banks, Sam Rosen, John Starks, Willie Upshaw, Ozzie Smith, Ray Lucas, Curtis McGriff, Bruce Harper, and Ron Darling. A portion of proceeds from the company’s Puddle Pals child bath sponge goes to the same cause. Puddle Pals is a baby bath toy filled with hypoallergenic soap, with each sponge capable of up to…

WednesdayAug 27, 2008 4:05 am

Cargoscooter Gets Power Boost from Batteries Supplied By Valence Technology, Inc. (VLNC)

A scooter company this week placed a $2 million order with Valence Technology, Inc. (NASDAQ:VLNC) for lithium phosphate battery systems. Shipments have already begun to Oxygen SpA, based in Padua, Italy, for use in their all-electric road scooters. The vehicles are designed for delivery and for city use and can run up to 74 miles on a single charge. They reach a top speed of 27 mph while carrying 200 pounds. The supply will continue for the next four months. Oxygen SpA has placed orders with Valence before. "With over 500 Cargoscooters already on the road utilizing our energy storage…

WednesdayAug 27, 2008 4:04 am

CrowdGather, Inc. (CRGW.OB): The Next Big Thing Online?

CrowdGather (CRGW) is an Internet company that operates Web forums, message boards and other social outlets that link people together in a manner similar to that of larger rivals Facebook.com and Myspace.com. The company will be launching an online search engine as one of its primary lines of business. CrowdGather is also developing a Centralized ID Management Tool designed to link topical forums in a central location. The California-based company's revenues and profits will be primarily generated through online advertisements. CrowdGather's management team has extensive experience in online and traditional media, with current executives having logged time at media giants…

TuesdayAug 26, 2008 4:58 pm

Reed’s Inc. (REED): Healthy, Earth-Friendly Soda and Bubbly Profits?

Reed's, Inc. (REED) is a maker of sodas, candies and ice creams with natural ingredients targeted at health conscious consumers. Reeds product line includes various flavors of ginger-brewed beverages such as original, extra, premium, raspberry, spiced apple, and cherry ginger; root beer, cream soda, black cherry cream soda, diet root beer, diet black cherry cream soda, diet cream soda, and Bavarian nutmeg root beer; and original china cola and cherry china cola. The company's products can be found primarily in specialty food stores and gourmet outlets, in addition to the company’s website. California-based Reeds is following in the footsteps of…

TuesdayAug 26, 2008 4:56 pm

Memry Corp.’s (MRY) CEO Presents at Noble Financial Capital Conference

Memry Corporation (AMEX: MRY), a provider of design, engineering, development and manufacturing services to the medical device and other industries focusing on the company’s proprietary shape-memory alloy and polymer extrusion technologies, recently announced that the company’s chief executive officer, Robert Belcher, presented at the Noble Financial Capital Markets M.A.D. MAX Equity Conference in Las Vegas, Nevada. During the presentation, Mr. Belcher explained that the company has a strong growing pipeline and solid balance sheet. Additionally, he stated that the company is generating momentum and is investing in areas to generate revenue growth. The medical device market is expected to reach…

TuesdayAug 26, 2008 4:55 pm

Management Team of Global Med Technologies, Inc. (GLOB.OB) Comments at the Noble Financial Capital Markets M.A.D. MAX Equity Conference

Global Med Technologies, Inc. (GLOB.OB) is an international medical software company that develops regulated and non-regulated software products and services for the healthcare industry. The company provides blood and laboratory software applications in 20 countries and serves over 1,400 transfusion centers, blood banks and laboratories. Global Med Technologies recently presented at the Noble Financial Capital Markets M.A.D. MAX Equity Conference in Las Vegas, Nevada. During the presentation, Thomas F Marcinek, the chief operating officer of Global Med Technologies, explained that the company’s goal is to reach $100 million in revenues and become profitable as soon as possible. Management’s plan to…

TuesdayAug 26, 2008 4:53 pm

SkyPostal Networks, Inc. (SKPN.OB) Recently Opened a New Facility to Service Europe

SkyPostal Networks, Inc. recently announced that their newest facility at Newark Airport, handling their mail and parcel post traffic to and from the UK and Europe, is in full operation. The company also completed a private placement financing totaling $10 million since becoming a publicly traded company. Falcon Capital, a boutique investment banking firm based in London, acted as a placement agent for the financing. SkyPostal is an international wholesale mail distribution company specializing in hand delivery of commercial mail and periodicals to the Latin America-Caribbean region (LAC). The new facility will service existing customers throughout the Northeast and serve…

TuesdayAug 26, 2008 2:39 pm

GT Solar International Inc. (SOLR) Reports Q1 Profit; Sales Nearly Quadruple

GT Solar International Inc. (SOLR), a U.S. manufacturer of equipment used in the production of photovoltaic cells, announced first quarter 2009 financial results today after the close. Revenues rose to $57.1 million, an increase of 272% year-over-year compared to $15.4 million. Net income rose to $5.1 million, or 3 cents per diluted share, reversing a loss of $5.0 million, or 4 cents per share, for the same period a year ago. There were no analyst earnings estimates ahead of the earnings release. “We are pleased with the results for our first quarter of fiscal 2009 for several reasons,” said GT…

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Month: August 2008