February 2011 - Page 22 of 25

ThursdayFeb 03, 2011 4:05 pm

IEC Electronics Corp. (IEC) Posts Q1 FY2011 Increases; Positive Outlook for 2011

IEC Electronics Corp., an electronic manufacturing services provider, today announced its unaudited results for the first quarter of fiscal 2011 ended December 31, 2010. The company reported revenue of $28.7 million for the quarter, a significant increase compared to the $18.1 million reported in the first quarter of the year prior. Operating income increased to $1.9 million as compared to operating income of $1.3 million the year prior. The company reported net income of $1.0 million, or $0.11 per diluted share, as compared to net income of $754,000, or $.08 per diluted share, for the first quarter of fiscal 2010.…

ThursdayFeb 03, 2011 1:26 pm

Adino Energy Corp. (ADNY.OB) Appoints New Chief Financial Officer

Adino Energy Corp., the fuel storage terminal distributor of petroleum based products, appointed Mr. Shannon W. McAdams as the new Chief Financial Officer. The appointment was preceding the company’s new focus of oil and gas exploration and production. Adino Energy’s Chief Executive Officer Timothy G. Byrd was quoted saying, "Mr. McAdams brings a depth of transactional and capital markets expertise that will be critical as we transition our businesses and enter a rapid growth phase. I personally recruited Shannon for the CFO position and I am very pleased that he has agreed to join the Adino team." Shannon McAdams has…

ThursdayFeb 03, 2011 1:14 pm

MedPro Safety Products, Inc. (MPSP.OB) Reports Several Major Corporate Developments, Redefines Gold Standard for Safety in Blood Collection

MedPro Safety Products, www.medprosafety.com – the Lexington, Kentucky-based developer of cutting-edge passive medical safety technology in the blood collection and medication delivery areas, reported a spate of major corporate developments today, including the receipt of initial royalty revenue from the Company’s patented Tube-Touch® blood collection device. The Tube-Touch provides a total solution for passive protection from the over 1M reported accidental needlestick injuries that happen each year (projections indicate 2M injuries go unreported) and offers a ubiquitous prophylactic against transmission of blood borne pathogens, representing the pinnacle in safety needle systems for blood collection. The device is activated through normal…

ThursdayFeb 03, 2011 1:08 pm

Newmont Mining Corp. (NEM) and Fronteer Gold Inc. (FRG) Agreement Complimentary to Both Parties

Newmont Mining Corp. and Fronteer Gold Inc. have entered into an agreement in which Newmont will acquire all of the outstanding common shares of Fronteer Gold. Per the agreement, shareholders of Fronteer Gold will receive Cdn$14 in cash, a 37 percent premium over the closing price of Fronteer Gold common shares on the Toronto Stock Exchange as of February, 2, 2011. In addition, Fronteer Gold shareholders will receive one common share in a new company, Pilot Gold, which will own certain exploration assets of Fronteer Gold. The deal equates to a value of approximately Cdn$2.3 billion for Fronteer Gold (excluding…

ThursdayFeb 03, 2011 1:06 pm

RAM Energy Resources, Inc. (RAME) Issues Update to Shareholders and Investors

RAM Energy Resources, Inc. issued an update to shareholders and the investment community on its oil and gas operations during the previous year. The company also discussed its drilling plans for 2011, including the 2011 capital budget. RAM Energy Resources drilled three wells on its acreage in Osage County, Oklahoma, where it has approximately 56,000 net acres under lease. The company is targeting several different formations, including the Lime, Arbuckle and Mississippi Chat. RAM Energy Resources reported that during the first quarter of 2011, the company will drill the Surber #3 well, which is a salt water disposal well. This…

ThursdayFeb 03, 2011 11:32 am

Daulton Capital Corp. (DUCP.OB) Hunkers Down in The Yukon

One of Daulton Capital’s promising gold properties is the Hunker Project, consisting of 121 Yukon Quartz Mining Claims located in the Dawson Mining District, Yukon Territory, Canada. The 6,000 acre claim block is just 15 miles southeast of Dawson City, and is easily accessible by all-weather roads along Hunker Creek, one of the Klondike’s historic gold producing placer creeks. Most zones of interest in Hunker are less than 1.5 km from a road, and are often adjacent to one, resulting in less than an hour’s drive to Dawson City. The area has been shown to have a northwest trending thrust…

ThursdayFeb 03, 2011 11:29 am

Command Center Inc. (CCNI.OB) Reports January Revenue of $4.3 Million

Command Center Inc. provides temporary, on-demand, dependable and cost-effective employment solutions to businesses in the United States. The company mainly serves customers in the following sectors: light industrial, hospitality and event services. Its customers can meet their needs with just a simple phone call, avoiding administrative hassles. The company today announced revenue of $4.3 million for the month of January. This compares to revenue of just $3.48 million recorded in the comparable year-ago period. For comparison, there were 51 company-owned stores at the beginning of 2011, compared with 50 stores at the beginning of 2010. This is positive news for…

ThursdayFeb 03, 2011 10:17 am

3D Icon Corporation (TDCP.OB) Video Chart for Thursday, February 3, 2011

TDCP is in a pennant consolidation after a big run in December which sent the stock price from $0.005 upwards near 3 cents. The PPS has held the majority of the gains and is now approaching a “make-or-break” point in the pennant. Technical traders are on alert for the break. To view the video chart, visit the following link: http://www.qualitystocks.net/videocharts.php Let us hear your thoughts below:

ThursdayFeb 03, 2011 9:51 am

Spartan Gold Ltd. (SPAG.OB) Names Marcus Flis to Chair New Advisory Board

Located in Scottsdale, Arizona, Spartan Gold has established a stellar reputation as a U.S. based junior gold exploration and mining company with gold exploration and development activity centered both in the Carlin Rain and Round Mountain-Northumberland Gold Trends in Nevada. Today, Spartan Gold announced that Mr. Marcus Flis will head up their newly formed advisory board. Flis has a stellar reputation in the community with over three decades of experience as an explorationist for a wide range of mineral commodities in varied mineral terrains and geographies. Flis, whom is currently the Managing Director of the Australian Stock Exchange, will immediately…

ThursdayFeb 03, 2011 9:49 am

Avino Silver and Gold Mines Ltd. (ASGMF.OB) Updates Public on Three Months of Activity

Yesterday, Avino Silver and Gold Mines Ltd. updated the public on the status of its mining and milling operations from the last three months. In October 2010, the company tested its new mill facilities by completing the processing of surface stockpiles of copper ore. Avino treated approximately 17,500 tons, which resulted in 419 tons of concentrate. Recovery rates were 66% Gold, 58% Silver and 56% copper. The sale of this concentrate has been finalized with a payment of $1,016,680.00. In November, the company focused on the relining of the ball mill and the changeover of several conveyor belts in the…

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Month: February 2011