August 2011 - Page 12 of 25

TuesdayAug 16, 2011 11:42 am

Anchor Funding Services, Inc. (AFNG) Reports Sharp Revenue Increases

Anchor Funding Services, Inc. announced at Monday’s closing bell strong revenue gains over the comparable period a year ago. The company seems to be capitalizing on traditional banks’ unwillingness to make loans to companies who lack gold-ball credit. The Boca Raton company said its Q2 finance revenues grew to $731,848, an increase of 12.9% or $83,618 over the comparable period of 2010. Six-month 2011 finance revenues came in at $1,319,140, representing a gain of 19.7% or $217,558 over the comparable period of 2010. A company statement attributed its finance revenue gains to “the company's investments in its sales initiatives and…

TuesdayAug 16, 2011 11:18 am

Onstream Media Corp. (ONSM) Reports Record Fiscal Q3 Revenues

Onstream Media Corp. reported record financial results for its fiscal third quarter; the company‘s fiscal year is set to end September 30. The announcement came just after Monday’s closing bell. The company said it racked up a record $4.6 million in fiscal third-quarter revenues. This represents a 4.4% gain over Q3 2010 fiscal results and a 3% sequential increase over Q2 2011 fiscal results. Revenues from October through June were a record $13.4 million, up 5.7%, as compared to $12.6 million in the comparable period for fiscal 2010. The Pompano Beach-based Onstream is a veteran provider of live and on-demand…

TuesdayAug 16, 2011 11:02 am

Telkonet, Inc. (TKOI) Technology Selected by Top Alexandria Hotel

Located in Milwaukee, Wisconsin, Telkonet has quickly evolved into a leading energy management technology company provider offering hardware, software and services to commercial clients across the globe. Today, Telkonet took a major step towards prominence with the announcement that they have had their EcoSmart energy management platform selected at the Westin Alexandria Hotel, owned by Cornerstone Real Estate Advisers, LLC and located in the exclusive Carlyle section of Old Town Alexandria. Telkonet’s EcoSmart platform will control existing water source heat pumps in each of the 341-luxury rooms and 7-luxury suites of the hotel. This is a major upgrade for the…

TuesdayAug 16, 2011 10:56 am

Have You Seen Our Message Boards Lately?

QualityStocks has introduced a complete overhaul of its stock community forum. Members now have more control over customization as well as many new features available to them. Searching has also been optimized, allowing users to quickly search the message board community for posts related to a certain stock symbol or other keyword. The message board community at QualityStocks is one of the most highly regulated, no-nonsense forums online today; an uncommon haven of highly relevant, SPAM-free investor interaction. Unlike the majority of boards currently in operation, you won’t find pumping, bashing, advertising, or malicious posting of any kind here. To…

TuesdayAug 16, 2011 10:27 am

GeoVax Labs, Inc. (GOVX) Receives $3.6 Million U.S. Government Grant

GeoVax Labs, Inc. is a biopharmaceutical company developing vaccines to prevent and fight Human Immunodeficiency Virus (HIV) infections. Its goal is to develop an AIDS vaccine for use globally. The company announced today that it received a $3.6 million annual notice of award for the Integrated Preclinical/Clinical AIDS Vaccine Development Grant supporting GeoVax's HIV/AIDS vaccine program. Only meritorious HIV/AIDS prevention vaccine candidates are considered to receive this award. GeoVax first received this government award back in 2007. The most recent award represents the fifth year it has received an award, bringing the total awarded to date to $19.6 million. GeoVax…

TuesdayAug 16, 2011 9:13 am

Solar Power, Inc. (SOPW) Completes Acquisition of Necessary Contracts/Permits to Serve As Developer of 4.4-Megawatt Fixed-Ground-Mount Solar Energy Facility

Solar Power, Inc. (SPI) announced that they successfully completed the acquisition of the necessary contracts and permits to serve as developer of a 4.4-megawatt fixed-ground-mount solar energy facility (SEF). This facility will be located in Evros, in North Eastern Greece, approximately 100 miles north of Alexandropoulos and six miles from the Turkish border. The Company became the developer of record for the project by acquiring a 100 percent limited partnership interest in the project. The project was already in early-phase planning with another entity. The SEF will be a fixed-tilt ground-mount utility-scale facility, on roughly 25 acres, selling power to…

TuesdayAug 16, 2011 9:11 am

Dehaier Medical Systems, Ltd. (DHRM) Awarded Overseas Export Certificates

Dehaier Medical Systems, Ltd. announced that it has been granted five export certificates for various homecare medical products by the State Food and Drug Administration of the PRC. These certificates were issued in June 2011, and will be valid for two years following. Dehaier is a producer and distributor of medical products in China, developing its own lines of branded products, including respiratory and oxygen homecare products. Dehaier holds six patents and five software copyrights, and has two additional pending patents and five pending software copyrights. The company also distributes products from other international companies through China, such as IMD,…

TuesdayAug 16, 2011 9:09 am

Dune Energy, Inc. (DUNR) Reports on Mid-Year Oil and Gas Activity

Dune Energy, Inc. issued a midyear operational update on the company’s oil and gas activities in the United States, where the company is active in the Gulf Coast area of Louisiana and Texas. Dune Energy reported that an updated reserves analysis indicated that the company had proved reserves of 79.3 Bcfe as of June 20, 2011. These proved reserves consisted of 5.4 million barrels of oil and 46.9 billion cubic feet of natural gas. Dune Energy said that the reserves analysis was conducted by DeGolyer and MacNaughton, a petroleum consulting firm, and was calculated using commodity pricing mandated by the…

TuesdayAug 16, 2011 8:31 am

Scorpex, Inc. (SRPX) Provides Additional Details of Financing Commitments

Scorpex, Inc. today provided investors with additional information regarding the debt financing commitments announced after the closing bell yesterday. Secured by the equipment, receivables, land and other assets of the Company, the loans are from two different sources for up to $35 million USD. Chief Executive Officer Joseph Caywood stated, “Unlike many other businesses who are struggling to finance operations, we have had no difficulty securing sufficient financing commitments. Having these commitments in hand within such a short time of signing the equipment agreement with IET demonstrates our ability to secure the financing necessary to continue executing our business plan.”…

TuesdayAug 16, 2011 8:23 am

Simulated Environment Concepts, Inc. (SMEV) Adds to Distribution Network; Expands in Canadian Market

Simulated Environment Concepts, Inc., the manufacturer and developer of medical, aesthetic, weight loss, wellness, and slimming equipment, announced before the opening bell today that it has increased market penetration in Canada with the installation of its flagship product at the Relaxation Station. "This particular installation did more than simply increase our distribution throughout a majority of the Canadian Provinces," emphasized Allen Licht, Chief Operating Officer of Simulated Environment Concepts (SE Concepts). "It further demonstrates just how immensely diverse our market really is, as well as the lengths and creative methods our customers will use, to provide the benefits of SpaCapsule's…

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Month: August 2011