August 2010 - Page 21 of 30

WednesdayAug 11, 2010 9:07 am

VirTra Systems (VTSI.PK) Posts Record Revenues as Sales Continue to Increase

VirTra Systems, Inc. released its second quarter numbers earlier this week which revealed more than 50% increases for both growth and profit as compared to the same quarter in 2009. The second quarter was the highest revenue-generating quarter in the Company’s history with sales in excess of $1.5 million, which represents a 57% increase over the same quarter in 2009. VirTra continues to grow internally to both facilitate and perpetuate the increased sales. Six new sales people have been hired recently, bringing the total number of employees to 29, and the Company is moving to a new, larger headquarters. The…

WednesdayAug 11, 2010 9:04 am

PolyMedix, Inc. (PYMX.OB) Completes Successful Study

One company that is starting to attract national attention is PolyMedix, Inc. Located in Radnor, Pennsylvania, PolyMedix is an emerging biotechnology company with their focus on developing new therapeutic drugs to treat acute cardiovascular disorders and infectious diseases. Today, PolyMedix announced they have successfully completed a Phase 1B/2 dose-ranging clinical study with PMX-60056 which is a synthetic small-molecule designed to reverse heparin and low molecular weight heparin (LMWH) anticoagulants. The data from the study indicated that PMX-60056 met the endpoints of the research regarding both the reversal of varying heparin levels as well as allowing re-anticoagulation and re-reversal. The data…

WednesdayAug 11, 2010 8:44 am

Autism’s New Hope

For a parent, it’s difficult to imagine a more distressing disease than autism, nor one that has caused more of an outcry for a remedy given its dramatic increase in diagnosis since the 1980s. Autism is a neural development disorder, greatly impairing the sufferer’s ability to communicate or interact socially. It affects the way nerve cells in the brain and their synapses connect and organize, often displaying signs before the age of two, robbing a child of normal parental or peer relations. There is a strong genetic basis to autism, but the exact nature of the mechanism is unclear. A…

WednesdayAug 11, 2010 7:47 am

XELR8 Holdings, Inc. (XELR.OB) Announces Name Change to Bazi International, Inc.

XELR8 Holdings, Inc., a provider of nutritional foods and beverages designed to help enhance physical health and overall performance, recently announced its corporate name change to Bazi International, Inc. since the name BAZI® has long been affiliated with the company as its principal product offering. The company’s common stock will remain listed on the OTC Bulletin Board under the current symbol XELR until new a symbol is assigned by Financial Industry Regulatory Authority. Once a new trading symbol is assigned, the company will make a public announcement along with the trading symbol’s effective date. The name change was completed via…

WednesdayAug 11, 2010 7:43 am

Magellan Petroleum Corp. (MPET) Updates Domestic and International Oil and Gas Operations

Magellan Petroleum Corp. reported an update on its exploration and development activities in various oil and gas basins in the United States, Australia and the United Kingdom. Magellan Petroleum Corporation said that in the Weald Basin in the United Kingdom, the company has consulted with its partners and has decided to start drilling the Markwells Wood 1 well. The Markwells Wood 1 well is located in Horndean oil field. Magellan Petroleum Corporation said that the well was originally delayed because of cost overruns out of its control since the company was not the operator of the well. Magellan Petroleum Corporation…

WednesdayAug 11, 2010 7:41 am

Clayton Williams Energy, Inc. (CWEI) Reports Second Quarter 2010 Results

Clayton Williams Energy, Inc. reported net income of $14 million, or $1.15 per diluted share, for the second quarter of 2010. The company reported a net loss of $38.6 million, or ($3.18) per diluted share, in the corresponding quarter of 2009. Clayton Williams Energy, Inc. attributed the large improvement in earnings on a year over year basis to higher realized prices for oil and gas sales. The company reported that the average realized price for oil in the second quarter of 2010 was $74.27 per barrel, compared to only $56.55 per barrel in the second quarter of 2009. Clayton Williams…

TuesdayAug 10, 2010 3:10 pm

Javo Beverage (JAVO.OB) Reports Q2 Results, Improvement Plans for Second Half of 2010

Javo® Beverage Company Inc. today posted its results for the second quarter of 2010, and outlined its strategy to improve results in the upcoming quarter. The company’s second-quarter gross sales rose 3.0 percent to $7.3 million, up from $7.1 million reported for the second quarter of 2009. Javo’s primary source of revenue is dispensed products. Gross sales from these products increased 3.4 percent to $6.7 million from the same quarter of 2009. The company attributes the growth to an increased number of beverage dispensing locations serving Javo's coffee and tea products. Gross profit for the second quarter was $2.4 million,…

TuesdayAug 10, 2010 3:05 pm

Axesstel, Inc. (AXST.OB) Posts Q2 Results; Hints at Positive Second Half for 2010

Wireless solutions provider Axesstel Inc. today posted its second quarter and six-month financial results for the period ended June 30, 2010, highlighting its focus for the second half of 2010. The company reported revenues for the second quarter of 2010 at $11.2 million, as compared to $11.9 million reported for the same quarter of 2009; net loss for the second quarter was $1.4 million, or $0.06 loss per share, compared to a net loss of $2.2 million, or $0.09 per share, for the comparable quarter of last year. Gross margin for the second quarter 2010 was $2.0 million, or 18…

TuesdayAug 10, 2010 12:55 pm

iMedicor (VMCI.OB) Strategic Alliance with USA MCO Will Create a HIPAA Compliant National Health Information Exchange, National Healthcare Communications Network

iMedicor, www.imedicor.com – providers of the only HIPAA-compliant online environment that constitutes a service-rich solution for HIE (health information exchange), announced a strategic alliance with the US’s biggest and most extensive privately-held preferred provider organization, USA Managed Care Organization, to create a novel NHCN (National Healthcare Communications Network). This powerful new national HIE system constitutes a perfect solution for satisfying "meaningful use" regulations, and will be publicized as such via a joint awareness campaign directed at physicians within the existing network and will focus on the enrollment of USA MCO's 350k+ physicians, practices and healthcare providers (representing almost half of…

TuesdayAug 10, 2010 12:51 pm

Winland Online Shipping (WLOL.OB) Reports Excellent Q2 Data, Expands Fleet

Winland Online Shipping Holdings Corporation, www.winlandshipping.com – the international bulk cargo shipping company with a global reach via its fleet of Company-owned vessels, and the owner and operator of “Shipping Online” www.sol.com.cn – China’s biggest shipping industry portal, announced excellent sales data through their Q2 FY10 (ended June 31) report today. CEO of WLOL, Mr. Xue Ying, clearly happy with the results, cited enhanced utilization of the Company’s augmented capacity via one new vessel in September 09, and the acquired utilization of another in May this year. Mr. Xue Ying also noted that the enhanced utilization coincided with the “improvement…

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Month: August 2010