August 2009 - Page 16 of 33

TuesdayAug 18, 2009 1:30 pm

Chisen Electric Corp. (CIEC.OB) Reports Increased Revenue

A leading producer of lead-acid motive batteries, Chisen Electric Corp. reported yesterday that revenues in the first quarter increased by approximately 33% as strong sales of its battery products continued to grow. The company reported that revenues in its first quarter increased to $29,475,000 compared with revenues of $22,225,000 in the same period a year earlier. Net income increased slightly from $1,912,000 to $2,005,000. Chisen Electric Corporation, headquartered in Zhejiang Province, the People's Republic of China, sells its products under its own brand names for predominant use in electric bicycles. Among all types of batteries for electric bicycles, the lead-acid…

TuesdayAug 18, 2009 1:05 pm

Kraig Biocraft Laboratories, Inc. (KBLB.OB) is Excited about Spider Silk

Kraig Biocraft Laboratories Inc. is an emerging biotech company with a strong intellectual property portfolio relating to genetic modification of silkworms to produce spider silk. The company believes this path of research will lead to the development of a new “super fiber” such as Kevlar. The total market for such fibers is believed to be about $90 billion annually. Kraig Biocraft has reason to be excited about spider silk. The silk produced by spiders is among the strongest fibers produced in nature. Spider silk is also extremely elastic and resilient. Depending upon how measurements are made, spider silk is nearly…

TuesdayAug 18, 2009 12:58 pm

WikiLoan Inc. (WKLI.OB) is “One to Watch”

Headquartered in Delray Beach, Florida, WikiLoan Inc. is a Financial Social Network. The company focuses on providing peer-to-peer lending services. They provide an Internet-based lending community of individual borrowers and lenders that come together to make personal loans. They also provide screening and credit checks on borrowers. In addition, the company allows lenders to select the types of borrowers they wish to consider for loans. In essence, WikiLoan steps in where banks do not provide services. They are a person-to-person social lending community. They are a client's platform to borrow or lend money between family and friends. This does away…

TuesdayAug 18, 2009 12:08 pm

Nevada Geothermal Power, Inc. (NGLPF.OB) Completes Construction of Power Plant

Nevada Geothermal Power Inc. is an emerging renewable energy developer focused on producing clean, efficient and sustainable geothermal electric power from high temperature geothermal resources in the United States. The company owns a 100% leasehold interest in four properties which have the potential for the generation of over 200 Megawatts. These properties are: Blue Mountain, Pumpernickel and Black Warrior in Nevada along with Crump Geyser in Oregon. Nevada Geothermal Power has announced that construction is completed on the 49.5 megawatt Blue Mountain geothermal power plant. Electrical, mechanical and metering systems are installed for three “Energy Convertors” and the cooling tower,…

TuesdayAug 18, 2009 11:50 am

The Battle for the Smartphone Market

The battle for the smart phone market is heating up this year because the smart phone market is the only game in town. Although smart phones account for just 1 in every 7 mobile devices sold, this segment has doubled its share of the global mobile phone business over the past three years. Revenues from smart phones are expected to double, to half the industry total, by 2014. Recent figures from market research company Gartner confirm this trend. Gartner's figures showed that shipments of phones that allow web surfing, email and other popular software applications rose 27 percent in the…

TuesdayAug 18, 2009 9:23 am

ChinaNet Online Holdings Inc. (CHNT.OB) Reports Solid Q2 Results with Increases across the Board

ChinaNet Online Holdings Inc. offers full-service media development, advertising and communications to small and medium-sized companies in the People’s Republic of China. Yesterday, the company posted its second-quarter financials, reporting an increase in revenues, net income and cash flow. ChinaNet increased its revenues for the second quarter of 2009 by 79 percent to $9.4 million, up from the $5.2 million reported in the same period of 2008. The company attributes the achievement to a boost in its Internet and television advertising, which contributed roughly 45 percent of total revenues for 2009. Net income for the second quarter of 2009 was…

TuesdayAug 18, 2009 9:20 am

Consorteum Holdings, Inc. (CSRH.OB) Knows Loyalty Programs

Consorteum Holdings Inc., the Canadian based payment and transaction processing solutions company, knows the benefits of loyalty programs. A good loyalty program promotes a strong and continuing relationship between a business and their customers, encouraging customers to buy frequently, increase the size of their transactions, and, most importantly, stick with that brand. This is usually done by offering benefits to the customer, such as redeemable points, which can only be used with that business. The benefits are usually focused on the number of transactions, to encourage return visits and brand loyalty. To the business, loyalty programs provide an effective way…

TuesdayAug 18, 2009 9:17 am

Cellceutix Corp. (CTIX.OB) Signs Agreement for Kevetrin™ API

Cellceutix Corp., an emerging bio-pharmaceutical company in the business of developing small molecule therapies in areas of unmet medical needs, recently announced that the company has signed an agreement with Girindus America, Inc. to manufacture the active pharmaceutical ingredient of Kevetrin™. Cellceutix plans to use the active ingredient for toxicology studies and Phase 1 human trials. Although the terms of the agreement were not disclosed, Kevetrin™ is being developed to treat certain cancers and the company has recently reported encouraging results in animal models of drug resistant lung cancers. Additional information regarding the company’s progress and results can be found…

TuesdayAug 18, 2009 9:04 am

Provectus Pharmaceuticals Inc. (PVCT.OB) Adds Second Site for Phase 2 Clinical Study of PH-10 for Psoriasis

Provectus Pharmaceuticals Inc. is quickly gaining a reputation as an up-and-coming development-stage oncology and dermatology biopharmaceutical company. Helping to enhance this reputation and its position in the marketplace, Provectus announced the addition of Mount Sinai School of Medicine as the second and final site for its expanded Phase 2 clinical trial of the company’s lead dermatology agent PH-10 for psoriasis. Jason Elmer, M.D., who served as the lead investigator for the Phase 2 clinical trial of PH-10 for atopic dermatitis of which patent enrollment was completed in June, will also serve as the principal investigator of this trial. Commenting on…

TuesdayAug 18, 2009 8:59 am

Players Network (PNTV.OB) Announces Agreement with Horse Racing Simulation LLC

Players Network is a digital media company that focuses on the Las Vegas and gaming lifestyles. The company has a 12-year history of producing and distributing original gaming and Las Vegas lifestyle content. The company's content is seen in over 22 million homes in the US through Comcast, DirecTV, etc. and in over 120 million homes worldwide through TV syndication. Players Network has announced a co-branding and revenue sharing agreement with Horse Racing Simulation LLC, a leader in the development and licensing of interactive technology for the horse racing industry. Players Network will market Horse Racing Simulation's SIM2WIN handicapping software…

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Month: August 2009