August 2011 - Page 19 of 25

MondayAug 08, 2011 11:32 am

Beacon Equity Research Featured Company: Westmont Resources, Inc. (WMNS)

Westmont Resources is an independent natural resource and development company headquartered in Bellevue, Washington. Westmont Resources is committed to significant growth as it pursues its strategy to combine and consolidate assets and companies in the oil and natural gas production and services sectors. The company’s emphasis is on the acquisition and operation of existing producing assets in the oil and gas industry. Obtaining peak efficiency and production from existing aging wells has become increasingly profitable as new technologies expand both the exploration possibilities and production of oil and gas. Chairman and CEO Bruce Fischer, PhD leads the company with over…

MondayAug 08, 2011 8:28 am

Scorpex, Inc. (SRPX) Selects Acadia Group to Prepare for its Audit

Scorpex, Inc. today announced it has engaged the Acadia Group to prepare its financials for a formal audit. The Acadia Group works with companies and their auditors to comply with the Securities and Exchange Commission’s reporting and filing requirements. After completing the audit, the company plans to file reports with the Securities and Exchange Commission pursuant to the Securities Exchange Act of 1934. “Audited financials are the first step towards preparing Scorpex for the next level of public disclosure. As a fully-reporting and audited company, our shareholders and future shareholders will be better informed and will see the value of…

MondayAug 08, 2011 8:14 am

Access Pharmaceuticals, Inc. (ACCP) Engages Edelman PR

Access Pharmaceuticals, Inc. recently hired public relations firm Edelman to increase public awareness of the company's new oral mucositis treatment MuGard. Oral mucositis, a disease that targets membranes of the mouth and gastrointestinal tract, is potentially debilitating. Houston, Texas-based Access Pharmaceuticals is a biopharmaceutical company that focuses on developing and marketing a series of proprietary products for the care of cancer patients. The company's product line includes MuGard, ProLindac (for treating ovarian cancer) and Thirabine (a new nucleoside). Access also produces the CobaCyte and CobOral drug delivery systems. Edelman is a PR firm with offices in 53 cities and 3,700…

MondayAug 08, 2011 8:11 am

Mobile Data Corp. (MBYL) Enters Into Letter Agreement with BEET Company Ltd.

On Friday, Mobile Data Corp. announced that they entered into a Letter Agreement with BEET Company Ltd. (BEET) to acquire certain assets from BEET for the development of an application to be used in a broad spectrum of social media initiatives. The scope of the application is confidential under the terms of the Letter Agreement. This is for Mobile Data Corp. to complete their due diligence and identify what resources are required to complete development and introduce the product to users of social media websites. The application is understood to be a natural fit for individuals or entities that use…

FridayAug 05, 2011 4:49 pm

Broadwind Energy, Inc. (BWEN) Announces Strong First Quarter with Doubling of Sales and Order Increase in Wind Towers and Gearing Segments

Broadwind Energy, Inc., supplier of solutions for the energy needs of the future, today announced that sales in the first quarter of 2011 were $43.5 million, which is approximately 100% greater than the $21.7 million reported for the first quarter of 2010. Broadwind Energy saw a huge increase in orders for production in the tower and gearing segments of its business. Broadwind specializes in the manufacturing of large and heavier wind turbine towers that are designed for 2 megawatt and larger wind turbines. Demand for tower sections drove sales to $28.2 million, up from $12.0 million a year ago. Further…

FridayAug 05, 2011 1:23 pm

Imperial Petroleum, Inc. (IPMN) Secures Diversified Energy Portfolio with Traditional Production

Given that Imperial Petroleum has one of the more forward-looking portfolios of any developing energy company, with interests in biodiesel as well as tar sands recovery technologies, it’s easy to overlook the company’s substantial stake in traditional oil and gas production. A major part of this effort is their interest in Coquille Bay Field, located in Plaquemines Parish, on the southeast tip of Louisiana. The field had been inactive for several years, and a new operating agreement was negotiated with the State of Louisiana by the previous operator, Royal-T Oil Co, Inc. Imperial assumed operations in January 2005 and successfully…

FridayAug 05, 2011 1:21 pm

Gulfmark Energy, Inc. (GMEI) to Drill First Eagle Ford Shale Well in Texas

Gulfmark Energy Group, Inc. is an early-stage oil and gas exploration and development company. Its current focus is on developing the 4,200+ acres of shallow oil production in Zavala County, Texas coupled with the drilling of several Eagle Ford shale wells. The company today announced that its wholly-owned subsidiary, Gulfmark Resources Inc., has filed for drilling permits with the Texas Railroad Commission. Gulfmark intends to drill its initial test well on its 4,261 acre Kiefer Lease in Zavala County, Texas upon permit approval. The Kiefer Lease is situated in the northwestern portion of the Eagle Ford shale trend in the…

FridayAug 05, 2011 1:06 pm

Ultralife Corp. (ULBI) Reports Second Quarter Results

Earlier today, Ultralife Corp. reported its operating income for the quarter ending July 3, 2011. For the second quarter of 2010, the company reported operating income from continuing operations of $2.9 million on revenue of $43.6 million. The company’s second quarter revenue increased by 29% over last year’s numbers. Ultralife’s president, Michael D. Popielec, stated that demand from the company’s defense customers and further penetration of its batteries into the metering business in China drove the growth seen in the numbers. He remarked, “We are continuing to make progress towards improving the company’s profitability through lean manufacturing, reductions in non-value-added…

FridayAug 05, 2011 11:12 am

DragonWave Inc. (DRWI) Video Chart for Friday, August 5, 2011

While the markets took a beating yesterday, DRWI actually closed green for the day. Although it recently fell through a support level, the last two days have formed a bullish engulfing pattern which will catch the eyes of technical traders. To view the video chart, visit the following link: http://www.qualitystocks.net/videocharts Let us hear your thoughts below:

FridayAug 05, 2011 11:09 am

Beacon Equity Research Featured Company: Juhl Wind, Inc. (JUHL)

Juhl Wind, Inc., a recognized leader in community based wind power development and management, is focused on the development and operation of wind farm projects throughout the United States and Canada. The company pioneered community-based wind farms, developing the currently accepted financial, operational and legal structure providing local ownership of medium-to-large scale wind farms. The primary advantage of community wind is that local community members own and have a significant financial stake in the project beyond just land lease payments and tax revenue, keeping more dollars in local communities, preserving local energy independence, and protecting the environment. Community wind projects…

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Month: August 2011