August 2010 - Page 16 of 30

TuesdayAug 17, 2010 2:32 pm

American Oil & Gas Inc. (AEZ) Reports on First Half of 2010 Results and Activity

American Oil & Gas Inc. reported financial results for the first half of 2010, and reported a successful well completion in the Williston Basin in North Dakota. American Oil & Gas Inc. reported net income of $27.8 million, or $0.46 per diluted share, for the first six months of 2010, compared to a net loss of $5.5 million, or ($0.11) per diluted share, in the same period of 2009. American Oil & Gas Inc. said that the large gain in the first half of 2010 was due to a one-time gain of $36.4 million from the sale of the company’s…

TuesdayAug 17, 2010 2:30 pm

China Redstone Group, Inc. (CGPI.OB) Posts Solid Fiscal Year 2011 Financials

China Redstone Group Inc., the largest private provider of cemetery products and services in Chongqing, China, today posted its financial results for the first fiscal quarter of 2011 ended June 30, 2010. Revenue for the first quarter of fiscal year fiscal 2011 increased 45.4 percent to approximately $12.1 million, as compared to $8.3 million reported for the first quarter of fiscal 2010. The company said all revenue in the quarter was generated by cemetery plot sales, and that the increase in revenue was a result of enhanced marketing and advertising efforts and the development of new cemetery plots. For the…

TuesdayAug 17, 2010 10:20 am

American Petro-hunter Inc. (AAPH.OB) Video Chart for Tuesday, August 17, 2010

AAPH is trying to find a bottom and make a move north as the indicators are aligned nicely. The video is our interpretation of key support and resistance levels as AAPH attempts a move. Please click the following link: http://www.qualitystocks.net/videocharts.php Let us hear your thoughts below:

TuesdayAug 17, 2010 10:10 am

eDoorways Corp. (EDWY.PK) Introduces LearnChannels

eDoorways Corp., the growing online social network and marketplace, has announced the development of “LearnChannels”, a new educational product/service. LearnChannels are a logical extension of the eDoorways PowerChannels, which are essentially specialized social networks formed to accomplish a specific communication objective by bringing together people who share a particular interest. LearnChannels, still being designed, will focus on providing an effective platform for training and education, and will be a collaborative effort with input from ISTEC (Ibero-Amercian Science & Technology Education Consortium) and the University of New Mexico. ISTEC and UNM have agreed to provide expert guidance and client support to…

TuesdayAug 17, 2010 10:06 am

Heli Electronics (HELI.OB) Posts Q2 Financial Results with Triple-Digit Gains

Heli Electronics Corp., a marketing, distribution and after-sales service company of Audio-Visual products in China, today posted its second quarter 2010 financial results. Heli is the primary marketing and distribution agency of Haier electronics in China, which reported revenue of $24.85 million for the three months ended June 30, 2010, a 226.3-percent increase compared to its second-quarter 2009 revenue of $7.61 million. For the six months ended June 30, 2010, Heli reported revenue of $43.69 million, up 211.6 percent over the $29.67 million reported over the first six months of 2009. Heli posted net income for the second quarter at…

TuesdayAug 17, 2010 9:58 am

Kore Nutrition, Inc. (KORE.OB) Subsidiary Goes All in with Corporate Development and Major Milestones

Go All In ("ALL IN") is the subsidiary of Kore Nutrition Incorporated and is engaged in the business of developing, producing, and selling non-alcoholic beverages. The young company has made major strides by producing an enhanced purified water product that still has the great taste that consumers look for. Today, ALL IN announced it has targeted distribution levels and store count for fiscal year 2011 and as of August 1, 2010 management of Kore expects the company to exceed financial expectations and become profitable in 2011. ALL IN also expects to reach an array of milestones in 2011. Such milestones…

TuesdayAug 17, 2010 8:15 am

GelTech Solutions, Inc. (GLTC.OB) Announces Appointment of Anthony Marchese to Its Board of Directors

GelTech Solutions, Inc., a creator of innovative, earth-friendly, cost-effective products that help industry, agriculture, and the general public accomplish environmental and safety goals, recently announced that the company has appointed Anthony Marchese to its Board of Directors, effective August 12, 2010. With more than 25 years of finance and investment industry expertise, Mr. Marchese will provide advice and guidance to the GelTech Solutions' management team. Mr. Marchese is currently President and Chief Operating Officer of Monarch Capital Group LLC, a New York City based FINRA member broker-dealer. Mr. Marchese has also held positions with well-known companies, including Laidlaw Equities, Southcoast…

TuesdayAug 17, 2010 8:14 am

Advance Display Technologies, Inc. (ADTI.OB) to Merge with a Newly Formed Corporation in a “Going-Private” Transaction

Yesterday, Advance Display Technologies, Inc. announced that a group of Stockholders controlling approximately 90 percent of their outstanding shares filed a Transaction Statement under Section 13(e) of the Securities Exchange Act of 1934 (Schedule 13E-3) with the Securities and Exchange Commission. The Schedule 13E-3 disclosed that this group of Stockholders will cause Advance Display Technologies, Inc. to merge with a newly formed corporation, GSLD Holdings, Inc., a Colorado corporation, in a "going-private" transaction via a "short-form" merger. In addition, upon consummation of the merger, the Company will apply for deregistration under the Securities Exchange Act of 1934, as amended. The…

MondayAug 16, 2010 2:53 pm

Brand Neue Corp. (BRNZ.OB) Unveils Energy Efficient, High Lumen Output 120 Watt LED Lighting Fixtures

Brand Neue today announced an addition to their product line of commercial and industrial LED lighting solutions. The company unveiled a super energy efficient, high lumen output 120 watt high bay LED fixture. The new low cost Luma Vue 120 Watt High Bay fixtures are now one-to-one replacements for conventional 400 watt metal halide lighting fixtures and consume 70-80% less electricity. The company also announced the first order of its LED Lighting Product Line from its newly appointed Hawaiian distributor. This initial order will be shaped to Brand Neue's Honolulu-based distributor over the next 30 days. The cost of energy…

MondayAug 16, 2010 2:20 pm

Janel World Trade (JLWT.OB) Posts Record Q3 Results; Offers Positive Guidance for Remainder of Fiscal 2010

Janel World Trade Ltd., a global integrated transportation logistics and environmental services provider, today announced its financial results for its fiscal third quarter and first nine months ended June 30, 2010. For the three months ended June 30, 2010, Janel posted record third-quarter revenue of $21.0 million, up 35.3 percent compared to same quarter fiscal 2009, marking the highest third-quarter revenue in the company’s history. Janel also achieved record revenues for the second quarter of 2010, fueled by the “economic diversity” of the company’s customer base, which resulted in growing shipping demand for the company's core transportation, customs and logistics…

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Month: August 2010