August 2010 - Page 18 of 30

FridayAug 13, 2010 6:45 pm

Sino Gas International Holdings Inc. (SGAS.OB) Posts Six-Month Financial Results, Notes Increased Demand for Natural Gas in China

Sino Gas International Holdings Inc. today announced its financial results for the six months ended June 30, 2010, reporting overall positive numbers. Revenue for the first half of 2010 was $12.87 million, up 4.08 percent as compared to $12.36 million in the six months of 2009. Gross profit for the first six months of 2010 increased 43.95 percent to $4.03 million as compared to the $2.80 million reported in the first half of 2009. The company attributes the increase in gross profit to the increase of connection fees, which have a higher gross margin, and improvement of gross margin from…

FridayAug 13, 2010 6:43 pm

Hana Biosciences (HNAB.OB) Posts Q2, Half-Year Financials and Offers Corporate Update

Hana Biosciences Inc. today reported its financial results for the second quarter and six months ended June 30, 1010, and gave a corporate update regarding several quarterly achievements. For the second quarter of 2010, the company reported a net loss of $6.3 million and deemed dividends on preferred stock of $9.3 million, resulting in a total net loss applicable to common stockholders of $15.6 million, or $0.19 per share. This compares with a net loss of $7.9 million, or a loss per share of $0.24, for the second quarter of 2009, a quarter in which there were no deemed dividends…

FridayAug 13, 2010 6:41 pm

New Energy Systems Group (NEWN.OB) Moving to NYSE AMEX

New Energy Systems Group, www.newenergysystemsgroup.com – li-ion (lithium-ion) battery and backup power system original design manufacturer (ODM) and innovator focused on delivering full spectrum battery and component/accessory solutions for the booming mobile/telecom market, announced approval to list its common stock on the NYSE AMEX today. Trading under the existing symbol NEWN is projected to begin August 16 for this dynamic company whose end-user/consumer products are widely known throughout China under the Anytone brand name. The rapid acceleration of the technology curve in mobile devices, laptops, digital cameras, cell phones, MP3 players, et al., especially in China, combined with a huge…

FridayAug 13, 2010 6:36 pm

China Agri-Business (CHBU.OB) Expands Dynamically, Sales Skyrocket

China Agri-Business, Inc., www.chinaagri-business.com – via its Shaanxi province Chinese operating company, Shaanxi Xinsheng Centennial Agriculture and Technology Co., Ltd., is a leading producer of organic biochemical agricultural application products. The Company reported being ahead of its expansion schedule for the New Agriculture-Generator direct sales stores. This plan, which aims to expand the number of stores to 500, is reflected in Q2 FY10 (ended June 30) sales data, and projections indicate that CHBU will hit its targeted expansion in October this year, a full two months ahead of schedule. Projected reports on sales data for Q2, of which direct sales…

FridayAug 13, 2010 1:14 pm

Comstock Mining Inc. (LODE) Reports Successful Appraisal of Lucerne Gold Prospect

Comstock Mining Inc. reported the successful drilling results of the company’s recent mineral exploration and development program in Nevada. The company is attempting to develop gold resources on its properties there. Comstock Mining Inc. is assessing the mineral potential of the Lucerne area, located at the Comstock Mine Project. The company drilled 51 reverse circulation holes comprising a total combined depth of approximately 29,000 feet. Comstock Mining Inc. said that 42 out of 51 reverse circulation holes contained “significant mineralized intervals” of a least twenty feet. An additional sixteen reverse circulation holes had intervals of at least one hundred feet.…

FridayAug 13, 2010 1:12 pm

Aurizon Mines Ltd. (AZK) Reports Second Quarter 2010 Results

Aurizon Mines Ltd. reported adjusted net income of $4.4 million, or $0.03 per share, in the second quarter ending 6/30/2010. The company earned adjusted net income of $3.9 million, or $0.02 per share, in the second quarter of 2009. Aurizon Mines Ltd. revises its income statement every quarter from the standard GAAP presentation and reports adjusted earnings. The adjustment excludes non-cash unrealized derivative gains and losses, which are considered not representative of the company’s operating performance. Aurizon Mines Ltd. reported after tax unrealized derivative gains of $0.9 million in the second quarter of 2010, and $9.7 million in the second…

FridayAug 13, 2010 1:10 pm

ClearOne Communications, Inc. (CLRO) Reports Second Quarter 2010 Financial Results

ClearOne Communications Inc. is a global communications solutions company that develops, manufactures and sells conferencing, collaboration, streaming media and connectivity systems for audio, video and web applications. The company occupies the number one position in the professional audio conferencing market with more than 50 percent of the global market share. The company today reported financial results for the second quarter ended June 30, 2010. For the first six months of 2010, revenue increased 25% to $18.3 million from $14.7 million for the same period of 2009. Net income was $570,000, or $0.06 per diluted share, versus a net loss of…

FridayAug 13, 2010 11:28 am

National Automation Services, Inc. (NASV.PK) is Looking for a Few Good Companies

National Automation Services could be satisfied to simply continue providing world-class process automation solutions to its customers in the western U.S. However, the company has made no secret of its higher ambitions. It has stated clear intentions to expand into other markets in the continental U.S., reducing its concentration in municipal water management and wastewater treatment. Specifically, they want to acquire select small to medium sized privately-held industrial application automation companies, becoming something of a central management hub for these local and regionally focused operations. What kind of acquisition targets are they going after? • Established business with a proven…

FridayAug 13, 2010 11:22 am

SkyPostal Networks, Inc. (SKPN.OB) Announces the Changing of their Name to SkyShop Logistics

One company that has started to capture the international market is SkyPostal Networks, Inc. While still a young company, SkyPostal has evolved into the largest private postal network in Latin American delivering more than 60 million mail items each month through its network. Today, in the hopes of taking another successful step, SkyPostal changed their name to SkyShop Logistics. In changing their name, “SkyShop Logistics” hopes to capitalize on its efficient and low cost international delivery network and has already developed integrated shopping solutions that will allow US merchants an array of options. SkyShop’s solutions cater to both U.S. merchants…

FridayAug 13, 2010 8:39 am

Material Sciences Corporation (MASC.OB) Files Application Listing on the NASDAQ Capital Market

Material Sciences Corp., a global provider of material-based solutions for acoustical and coated applications, recently announced that the company has filed an application to list its common stock on the NASDAQ Capital Market. The NASDAQ listing application is subject to review and approval to ensure compliance with all NASDAQ Capital Market Standards. Clifford D. Nastas, chief executive officer of Material Sciences Corporation, stated, “We believe that the NASDAQ listing should enable us to increase the trading liquidity of our stock, broaden our shareholder base, and raise our profile in the investment community.” While the company intends to satisfy all of…

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Month: August 2010