July 2009 - Page 17 of 30

ThursdayJul 16, 2009 7:43 am

Kraig Biocraft Laboratories, Inc. (KBLB.OB) Establishes Value Beyond Spider Silk

Kraig Biocraft Laboratories, Inc., the biotech company currently using genetic modification of silkworms in an effort to produce spider silk, is playing a leading edge role in one of today’s major scientific endeavors. The use of genetic engineering to modify life forms for the production of unique proteins promises to change the world of materials and research, allowing us to effectively customize what we work with. Though Kraig Biocraft has gained much exposure for its progress in the pursuit of spider silk, it is increasingly being recognized for its developments in the implementation of genetic engineering. Proteins are a key…

ThursdayJul 16, 2009 7:27 am

Solanex Management Inc. (SLNX.OB) is “One to Watch”

Solanex Management, Inc. is focused on developing, manufacturing and selling the Thermal Destructor; developing, manufacturing and selling the portable Steam Injection System; and investing in other viable business opportunities, including mineral resource properties. Through a joint venture agreement with ecoTECH, the company has secured a relationship critical to achieving success. The company’s Thermal Destructor is a self contained, soil residue combustion system designed to clean contaminated sites by sterilizing soil. The system consists of a high efficiency, waste or gas-fired combustion chamber and a next-generation exhaust gas, low-pressure drop liquid scrubber effective in trapping pollutants in air emissions. A common…

WednesdayJul 15, 2009 3:18 pm

Axial Vector Energy Corp. (AXVC.PK) Demonstrates the Power of Palm Oil

Axial Vector Energy Corp. (AVEC) is a global solutions provider with interests in revolutionary technologies such as internal combustion engines and electric power generator technologies for military, industrial and commercial applications. AVEC’s engines are smaller and lighter than conventional engines, and because they have roughly 80 percent less parts than conventional engines, they also require less maintenance and cost less to produce and operate. AVEC engines also run on cost efficient alternative fuels; the company’s most recent announcement supports this feature. AVEC today announced the results of its recent demonstration of its palm-oil fueled engine. The successful performance was a…

WednesdayJul 15, 2009 1:56 pm

Comm Bancorp, Inc. (CCBP) Doing Well Despite Financial Crisis

Comm Bancorp, Inc. reported its second quarter earnings of 2009 for the period ending 6/30/09. The bank earned $0.70 per share, down from the $1.84 earnings per share in the same quarter of 2008. The company has a tangible book value of $34.44 at the end of the quarter compared to a market price of $36.59. Other important metrics that Comm Bancorp, Inc. reported include: Net Interest Margin - 4.09% Total risk-based capital ratio - 11.97% Nonperforming assets to loans - 4.49% Comm Bancorp, Inc. is a holding company with two subsidiaries. Its main subsidiary is the Community Bank &…

WednesdayJul 15, 2009 1:14 pm

Oneida Financial Corp. (ONFC) Declares Semiannual Dividend of 24 Cents

Oneida Financial Corp.’s president and CEO announced today that the company will be issuing a cash dividend of twenty-four cents per share for the six month period ended June 30, 2009. According to the press release, the dividend is payable to shareholders of record as of July 28, 2009 and will be paid on August 11, 2009. Michael R. Kallet, president and CEO, commented, "The Board of Directors and management of Oneida Financial Corp. remain confident in the Company's ability to generate operating profits and maintain strong asset quality during these uncertain economic times. The Company's retail banking operations, municipal…

WednesdayJul 15, 2009 1:10 pm

Converted Organics Inc. (COIN) Announces Production and Sales Increase at Gonzales Manufacturing Facility

Today before the opening bell, Converted Organics announced that its Gonzales, California manufacturing facility produced and sold 64% more liquid organic fertilizer during the first half of 2009 than during the same period in 2008. According to the press release, a total of 839,000 gallons were manufactured and shipped between January and June of this year, versus 510,000 gallons during the first six months of last year. It was also reported that the facility’s second quarter 2009 liquid organic fertilizer production and sales were 93 percent ahead of production and sales for the same period last year. First quarter 2009…

WednesdayJul 15, 2009 12:25 pm

Voiceserve Inc. (VSRV.OB) Announces Record Revenues

Today, Voiceserve Inc. announced that it has achieved record revenues for the fiscal year ending March 31, 2009. Revenues for the year ended March 31, 2009 were $1,931,529, an increase of approximately 107% over last year’s numbers. Comparatively, cost of revenues for 2009 was $1,302,113 versus $836,877 in 2008. The increase in cost of revenues in 2009 relates to a dramatic increase in sales. It is also the result of Voiceserve’s addition of more technology service professionals to service the current clientele. The gross profit for year end March 2009 was $629,416 compared to $97,605 for 2008. The gross margin…

WednesdayJul 15, 2009 10:18 am

Artfest International, Inc.’s (ARTI.OB) Wholly Owned Subsidiary Signs Letter of Intent with Major Sports Network to Operate Online College Sports Memorabilia Auctions

Artfest International, Inc., an online portal that brings together artists, investors, decorators, designers, private collectors and art galleries, recently announced that the company’s wholly owned subsidiary, Charity Sports Distributor, Inc., has signed a letter of intent with CBS College Sports Network, a 24-hour cable network dedicated to college sports, to operate online college sports memorabilia auctions during this year’s college football season. Under the terms of the agreement, Charity Sports Distributor will provide authentic custom framed alumni player autographed memorabilia for CBS college partner teams including Auburn, Iowa, Florida State, South Carolina, TCU and UCLA. The online auctions will be…

WednesdayJul 15, 2009 9:30 am

eDOORWAYS Corp. (EDWY.PK) Senior Financial & Accounting Specialist Provides Time Horizons for Filings

In a press release today, eDOORWAYS Corporation and Mr. Dan Bensimon, the company's Senior Financial & Accounting Specialist, gave investors a general idea of when to expect completion of the company’s filings. Mr. Bensimon has spent a considerable amount of time getting familiar with eDOORWAYS’ policies, procedures and accounting activity and has conversed with the company's auditor and SEC counsel. If the company continues to stay on track, Mr. Bensimon expects the 10K, along with the 1st and 2nd Quarter Q's, will all be completed by the end of August. This would put the company on course with its Q3…

WednesdayJul 15, 2009 9:08 am

Sector 10, Inc. (SECI.OB) Reports Annual Results in Form 10-K

Sector 10, Inc. announced this morning that it has filed a Form 10-K for the fiscal year ended March 31, 2009 with the Securities and Exchange Commission (SEC). The filing reports management’s discussion and analysis of operation, the company’s balance sheet, income statement and cash flow statement, as well as a detailed description of the company’s business, plans for the future, products, targeted market and more. During the fiscal year, Sector 10 reorganized and carefully tested vertical market opportunities. The initiatives have better positioned the company for the pending regulations recently released for the new National and International Fire Life…

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Month: July 2009