February 2010 - Page 5 of 28

TuesdayFeb 23, 2010 3:56 pm

Fremont Michigan InsuraCorp, Inc. (FMMH.OB) Reports Profit In 2009

Fremont Michigan InsuraCorp, Inc. reported net income of $1.9 million, or $1.07 per share, in the fourth quarter of 2009. The company earned only $0.23 million, or $0.13 per diluted share, in the same quarter in 2008. Fremont Michigan InsuraCorp, Inc. earned $4.2 million, or $2.38 per diluted share, for the full year 2009, compared to $3.77 million, or $2.08 per diluted share, in 2008. Revenues were $56.9 million in 2009, up 13.4% from a year earlier. "We are pleased with our growth in 2009, especially in a year characterized by significant economic challenges in the insurance industry and in…

TuesdayFeb 23, 2010 1:51 pm

Emtec, Inc. (ETEC.OB) Subsidiary Lands $5 Million Contract

Systems integrator Emtec Federal, a subsidiary of Emtec, Inc., announced today that it has landed a $5 million contract from the Air Force Quarterly Enterprise Buy program to provide Samsung 19, 24 and 32 inch flat-panel display monitors and Lenovo ThinkPad X200 Series Notebooks. The notebooks will have the latest USAF Standard Desktop Configuration fully installed. Emtec Federal will manage staged deployments of these systems to Air Force organizations worldwide. The Air Force centralizes the purchase of common hardware and software products as part of an ongoing effort to streamline purchases and ensure system interoperability. The contract mandates that purchases…

TuesdayFeb 23, 2010 1:48 pm

Global Investor Services, Inc. (GISV.OB) Launches Website and InvestView Roadmap in Redesigned Marketing Campaign

This week, Global Investor Services, Inc. announced that it has launched a new website for its flagship product InvestView. The InvestView.com website is designed to enhance customer experience by providing a more visually appealing, logical and informative framework of InvestView’s products and benefits. Additionally, Global announced that it has implemented the “Investview Road Map” to support its growing customer base. The “InvestView Roadmap” will give members a clear path to their investor education and quick access to the most powerful and commonly used tools in the InvestView platform. Global has activated additional lead channels in its marketing campaigns, resulting in…

TuesdayFeb 23, 2010 12:51 pm

FormCap Corp.’s (FRMC.PK) Recent Consulting Agreement to Develop Weber City Prospect

FormCap Corp. recently announced that it had entered into a consulting and option agreement with Mr. Norman Mackenzie of Calgary, Alberta, Canada to develop and execute the drilling and development plan for the company's Weber City Prospect. The Weber City Prospect consists of approximately 5,800 acres, with room for over 120 well locations, that are strategically positioned in the Permian Basin. The Permian Basin is well known to US oil and gas investors. It is a prolific area, located in Texas and New Mexico, that has produced over 35 billion barrels of oil and 100 trillion cubic feet of natural…

TuesdayFeb 23, 2010 12:07 pm

Vicor Technologies, Inc. (VCRT.OB) Announces Collaborative Agreement with University in Ecuador

Vicor Technologies Inc. is a biotechnology company focused on the commercialization of innovative, non-invasive medical devices and diagnostics. These devices use the company's patented, proprietary PD2i nonlinear algorithm and software to stratify patients at risk of sudden cardiac death and autonomic nervous system dysfunction, and trauma victims in need of lifesaving intervention. The company's CEO, David H. Fater, announced today that Vicor has entered into a collaborative agreement with the Universidad San Francisco de Quito in Ecuador. The university is a non-profit liberal arts university and was the first totally private, self-financed university in Ecuador. It enjoys a first-class international…

TuesdayFeb 23, 2010 11:53 am

QRxPharma and China Aoxing Pharmaceutical Co. (CAXG.OB) Partner to Develop New Drug(s)

QRxPharma Limited (QRX), a pharmaceutical developer of central nervous system (CNS) disorder and pain management drugs with multiple products in early and late-stage clinical trials, and China Aoxing Pharmaceutical Company (CAXG), an established pharmaceutical company with the largest and most advanced manufacturing facility in China, announced a strategic alliance today. The two companies will work hand in hand to develop a new intravenous drug based on QRX’s proprietary oxycodone/morphine Dual-Opioid™ technology. The new drug, known as MoxDuo®IV, is designed for moderate to severe pain. Funding for development of the new drug will be provided by CAXG, which will then have…

TuesdayFeb 23, 2010 11:48 am

Capital Growth Systems, Inc. (CGSY.OB) Subsidiary to Manage Network as HeraMAX Launches Nationwide Wireless Solution

Global Capacity, Inc., a subsidiary of Capital Growth Systems, Inc., a worldwide leader in telecom logistics, announced today that the US-based wireless access provider HeraMAX has selected Global Capacity to support new product launches by acting as its designated network vendor of choice. The robust scalability offered by Global Capacity's fully-managed “One Marketplace” (OMP) platform offers a network solution for HeraMAX which constitutes unprecedented optimization and configurability, while reducing operating and access costs despite the greatly improved flexibility of the network’s route design. Founder and COO of HeraMAX Nathan Nelson was pleased with the selection of Global Capacity as solution…

TuesdayFeb 23, 2010 11:25 am

Beacon Equity Research Featured Company: General Environmental Management Inc. (GEVI.OB)

General Environmental Management Inc. is in the process of shifting its business focus from hazardous waste field services to the fast growing water treatment and waste-to-energy markets. Since its inception in 2002, the Company has grown at a compounded annual rate of 48% to generate annual revenues of $37M from only $2.3M. This strategic decision was made after an all inclusive analysis of GEVI's opportunity in the environmental management business. Although the company could work through the current economic downturn and build revenue in its field services business, they believe that shareholders will be rewarded by moving the company into…

TuesdayFeb 23, 2010 11:21 am

Beacon Equity Research Featured Company: TapImmune, Inc. (TPIV.OB)

TapImmune, Inc. is a biotechnology company focused on developing innovative therapeutics and vaccines in the areas of oncology and infectious disease. The company’s lead product, the TAP vaccine, is a key component of a mechanism that moves characteristic markers called antigens to the surfaces of cells. Without TAP, there is a large reduction in presentation of cancer markers, making it impossible for the immune system to spot rogue cells and cancerous cells, allowing them to grow undetected. The company’s vaccine has demonstrated its effectiveness in restoring TAP which in-turn restores and augments the characteristic marker (antigen) and subsequent recognition and…

TuesdayFeb 23, 2010 10:11 am

Stock Guru Featured Company: Xcelplus Global Holdings, Inc. (XPGH.PK)

XcelPlus Global Holdings, Inc. is focused on developing and producing Federally Compliant Biomass Based Renewable Fuels for the light, medium and heavy industries. The company’s strategic partners leverage years of experience to create cost-effective renewable biomass and renewable synthetic biomass fuel products. In the near future, green house gas emissions, carbon emissions and particulate matter emissions will affect almost every major manufacturer in the U.S. XcelPlus Global’s solution is to implement clean renewable biomass derived fuel as a strategic reduction option. XcelPlus Global is currently building market dominance in the heavy construction industries while simultaneously exploring opportunities in the food…

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Month: February 2010