October 2009 - Page 4 of 34

ThursdayOct 29, 2009 9:07 am

Newport Digital Technologies, Inc. (NPDT.OB) – The New Age of Partnerships

The driving philosophy of corporate America used to be based on the principle of in-house development. If it wasn’t made in-house, companies simply weren’t interested. Companies wanted things over which they had full control, and from which they could enjoy 100% of the profits. Total independence. Total control. If a good idea came along that wasn’t developed in-house, the temptation was to find some way to tweak it and claim that it was developed in-house. All of this led to some pretty nasty lawsuits. One of the best known cases, popularized in the movie Flash Of Genius, was that of…

ThursdayOct 29, 2009 9:03 am

Clenergen Corp. (CRGE.OB) Is Taking a Unique Approach to Using Biomass for Power Production

Clenergen Corporation has taken a unique approach to the problem of using biomass as fuel for power production facilities. The company has approached the issue from an agronomy and plantation management perspective rather than solely from an engineering perspective. Clenergen has achieved the ability to deliver a standard, uniform virgin biomass on a commercial scale at regular intervals over a long period of time. The company has contractually secured access to the feedstock required for cultivation. One feedstock is a species of grass named 'Beema Bamboo' which has been developed and test planted for Clenergen by its partner Growmore Biotech…

ThursdayOct 29, 2009 8:55 am

eDoorways Corp. (EDWY.PK) Provides Insight Into “LEARN” Doorway and eC Device, Reports Successful Presentation During the ISTEC XVIIth General Assembly

eDoorways Corp. today discussed the "LEARN" doorway and demoed its eC Device at the Ibero-American Science and Technology Education Center's (ISTEC) XVIIth Annual General Assembly on the Campus of the University of New Mexico (UNM) in Albuquerque, New Mexico, USA. The presentation made earlier this week was so popular that the 200 people in attendance from various parts of Latin America, Spain, Portugal and the US requested a second demonstration. The theme of this year's General Assembly is "Using Technology to Enable Collaboration, and Collaboration to Advance Science and Technology." Speakers included Founder and Executive Vice President of ISTEC, Dr.…

ThursdayOct 29, 2009 8:28 am

Muscle Flex, Inc. (MFLI.PK) Moves Forward for International Distribution of The BUDDY Tablet Caddy and The Beagle StepFit Pedometer

Through global direct response partnerships, Muscle Flex Inc. is moving towards the international distribution of its BUDDY Tablet Caddy(TM) and Beagle StepFit(TM) products. With the 1 and 2 minute commercials and one-page landing pages almost finished, Muscle Flex is preparing for the North American release of both products through direct response national TV campaigns and, as announced today, is beginning the steps necessary to launch both products in the global market place as well. According to the company, there are a number of critical steps to releasing the BUDDY and the Beagle on a global scale. With the commercials and…

ThursdayOct 29, 2009 7:55 am

Home Shopping Latino Inc. (HSPG.PK) Signs Agreement with MadAmerican Exports

Home Shopping Latino Inc., and a new Latino Shopping Network, the only network of its kind to service the exploding Latino market in the USA, with the on air name ViVa Telecompras, today announced an agreement with MadAmerican Exports, Inc. to import sapphires, rubies, emeralds, garnets, tourmaline and other precious gems from Madagascar, an Indian Ocean island nation off the coast of Africa known for being exceptionally rich in minerals and gemstones. MadAmerican Exports CEO Biclair Andrianantoandro previously served as Director of Exports and Ministry of Commerce, as well as Deputy and Acting Ambassador of Madagascar to the United Nations…

WednesdayOct 28, 2009 8:05 pm

China-Biotics Inc. (CHBT) Updates Community on Recent Developments

Prominent probiotic manufacturer and developer China-Biotics, Inc. recently took the opportunity to update the financial community on its current business climate. In September and October, China-Biotics added eight new bulk additive customers, raising its total number to 24. The newly signed customers are mainly engaged in manufacture of dairy, nutritional supplement, and animal feed products. Additionally, Phase I trial production recently began at its new state-of-the-art production facility in Qing Pu Industrial Park in Shanghai. Phase I has a production capacity of 150 metric tons of probiotics per year. Excitedly, the company has strengthened its senior management team to support…

WednesdayOct 28, 2009 8:03 pm

KEMET Corp. (KEME.OB) Reports Revenue Increase of 15.4% during the Second Fiscal Quarter

KEMET Corp. has previewed results for the second fiscal quarter ended September 30, 2009. The company expects a revenue decrease of 26.2% vs. last year’s results at $173.3 million, and a sequential increase of 15.4% compared to the prior fiscal quarter ended June 30, 2009. The company reported a net loss of $93.1 million, or $(1.15) per share, for the second quarter compared to net loss of $85.1 million, or $(1.06) per share, for the same quarter last year and net income of $25.1 million, or $0.31 per share, for the prior quarter ended June 30, 2009. Kamet’s second quarter…

WednesdayOct 28, 2009 2:53 pm

China Wind Systems Inc. (CHWY.OB) Announces Closing of $2.4 Million Private Placement

China Wind Systems Inc. is a leading supplier of forged rolled wings to the wind power, industrial equipment, textile and energy industries in China. The company today announced the closing of a recent private placement with a group of investors through Barron Partners LP for 2.4 million shares of its series A preferred stock at $1 per share. The company recently completed a one-for-three reverse split; as such, each share of series A preferred stock is currently convertible into one-third share of common stock. Through the purchase of 1.5 million China Wind’s shares, Barron Partners entered into a voting agreement…

WednesdayOct 28, 2009 2:00 pm

NXT Nutritionals, Inc. (NXTH.OB) Up 47.89% on the Day Following QualityStocks Mention

Shares of NXT Nutritionals Holdings Inc. are currently trading at $2.10, up $0.68 or 47.89% for the day. The stock, which hit a high of $2.38 today, is trading on solid volume of nearly 2.2 million shares. The company was first highlighted in QualityStocks' FREE Daily Newsletter back on May 7, 2009 when the stock was trading for only $1.01 a share. So, in less than six months, investors who may have first discovered the company through QualityStocks would have more than doubled their money. NXT Nutritionals is a developer and marketer of SUSTA which is targeted at individuals for…

WednesdayOct 28, 2009 1:56 pm

L.B. Foster Company (FSTR) Named To Forbes List of Best Small Companies

L.B. Foster Company was listed on the 2009 edition of Forbes Magazine’s America's 200 Best Small Companies. The company was ranked 79th on the list, and also appeared on the list in 2007. Forbes Magazine uses one and five year trends on sales, sales growth, earnings per share growth and return on equity to compile the list. "It is a great honor for our company to be recognized again by Forbes Magazine for our success," said Stan Hasselbusch, the CEO. "It is really an acknowledgement of the efforts and hard work of all L.B. Foster employees." L.B. Foster Company reported…

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Month: October 2009