February 2012 - Page 8 of 17

WednesdayFeb 15, 2012 3:40 pm

Mexco Energy Corp. (MXC) Reports Financial Results and Operational Update

Mexco Energy reported its financial results for the third quarter of fiscal 2012 as well as an operational update on the company’s oil and gas activity in the United States. The company is active mostly in Texas, but also has interests in properties in 11 other states. Mexco Energy reported sales of $757,560 in the quarter ending December 31, 2011, up marginally from the $756,576 reported in the corresponding quarter of fiscal 2011. The company reported net income of $50,961 in the most recent quarter, compared to net income of $26,898 in the third quarter of fiscal 2011. Mexco Energy…

WednesdayFeb 15, 2012 3:13 pm

Yucheng Technologies Ltd. (YTEC) Posts Q4, FY 2011 Financial Results

Yucheng Technologies, a leading provider of IT solutions to the financial services industry in China, today announced its unaudited financial results for the fourth quarter and full year ended December 31, 2011, reflecting better-than-expected revenue growth for 2011. The company reported fourth quarter 2011 total revenues of $29.6 million, an increase of 35.1 percent year-over-year and an increase of 55.1 percent sequentially. Total revenues for full year 2011 were $77.1 million, an increase of 26.5 percent year-over-year. Gross margin for the fourth quarter of 2011 was 42.8 percent, compared to 50.7 percent in the prior year period and 49.7 percent…

WednesdayFeb 15, 2012 3:10 pm

Applied DNA Sciences, Inc. (APDN) Reports Fiscal Q1 Results

Applied DNA Sciences, marketer of DNA security solutions to protect products, brands, and intellectual property from counterfeit and diversion, today announced its financial results for the fiscal first quarter ended December 31, 2011. The company reported revenues of $516,904 for the quarter ended December 31, 2011, compared to revenues of $317,817 reported for the comparable quarter ended December 31, 2010. The company attributes the 63 percent increase in revenues to sales of its SigNature DNA and BioMaterial GenoTyping products. It also notes a 40 percent increase in its customer base for 2011. First-quarter revenues for the fiscal year represent an…

WednesdayFeb 15, 2012 2:17 pm

Quantum Fuel Technologies Worldwide, Inc. (QTWW) Releases New High-Capacity Natural Gas Storage Tank for Commercial Fleets

Quantum Fuel Technologies Worldwide announced the release of its new composite compressed natural gas (CNG) tank. Use of commercial natural gas fleets, including refuse truck applications, is an expanding trend that is expected to accelerate. Quantum’s new 400 Series CNG storage tank was designed utilizing customer feedback, making installation and service easier and distinguishing Quantum’s composite tanks from those marketed by competing companies. The 400 Series has a Diesel Gallon Equivalency (DGE) of 26 gallons, and Quantum’s composite tanks are the lightest in the industry – increasing available payload by requiring less structure for mounting support. An incentive has been…

WednesdayFeb 15, 2012 11:46 am

GlobalWise Investments, Inc. (GWIV) is “One to Watch”

GlobalWise Investments, via wholly-owned subsidiary Intellinetics, Inc., is a leading-edge technology company focused on Enterprise Content Management (ECM) solutions for the digital age. The ECM industry continues to grow rapidly as a result of unrestricted proliferation of digital content within today's business environment. Leveraging its proprietary cloud-based computing software, GlobalWise is poised to capture a significant market share of this burgeoning industry. GlobalWise's ECM service is delivered to customers via five unique delivery models which cover the spectrum of business needs: Cloud/Saas (Software as a Service), Hardware Vendor Integrated Service, Software Vendor Integrated Service, Premise (Client-Server), Hybrid (Premise & Cloud/Saas).This…

WednesdayFeb 15, 2012 11:00 am

KongZhong Corp. (KONG) Acquires Smartphone Mobile Game Engine Company Noumena

Located in Beijing, China, KongZhong is a leading provider of digital entertainment services for consumers in China. Today, the young company took a major step towards prominence with the announcement it has entered into definitive agreements to acquire 100% of the equity interest in Noumena Innovations (BVI) Ltd and certain assets from a related party. The total consideration for the acquisition is $15 million, which is payable over three years from the closing of the transactions, and 40.0 million of the company’s ordinary shares, which are subject to a three year lock up period. Noumena is the developer of Handymo,…

WednesdayFeb 15, 2012 10:35 am

Sionix Corp. (SINX) ‏is “One to Watch”

Sionix Corp. is a designer of innovative advanced mobile water treatment systems (MWTS) for use in energy projects. These include subterranean fracturing used in oil and gas drilling, government facilities, healthcare facilities, emergency water supplies, housing development projects, and various other industrial processes. Sionix's MWTS can be located adjacent to contaminated water sites or as a pre-treatment for reverse osmosis and other membrane applications. Industries involved in dairy, agribusiness, meat processing, mining, poultry operations, and several others can benefit from the Company's cost-effective, easily maintained, portable water treatment systems. In November 2011, Sionix provided updates related to their forthcoming project…

WednesdayFeb 15, 2012 10:33 am

China Sunergy Co. (CSUN) Executes Sales Contract with Bull PowerTech

China Sunergy Co., Ltd., a specialized solar cell and module manufacturer, recently announced that it has executed a 50-MW sales contract with Bull PowerTech GmbH. The contract concerns projects in Europe; the shipment is expected to be fully completed by the end of 2012. Bull PowerTech is a renewable energy company focused on photovoltaics. A 100% subsidiary of Bull Holding AG, the company plans and installs large solar parks and works with leading suppliers to create turn-key solar kits with individually coordinated components. Bull PowerTech has built up a high profile and stable customer base in the European Market. Manuel…

WednesdayFeb 15, 2012 10:26 am

Bioheart, Inc. (BHRT) Obtains Exclusive Rights to Adipose Technology

Yesterday, Bioheart, Inc. announced that it had acquired exclusive worldwide rights to adipose cell technology from Ageless Regenerative Institute, LLC. Adipose tissue is fat-based and has been shown to be rich in microvascular, myogenic, and angiogenic cells, which makes it the perfect candidate for use in the cardiac field. Bioheart is focused on the cardiovascular sector of the cell technology industry with the development and commercialization of autologous cell therapies (pending approval). The company is specifically targeting their concentration in areas such as congestive heart failure, lower limb ischemia, chronic heart ischemia, and acute myocardial infarctions, among others. The company's…

WednesdayFeb 15, 2012 10:11 am

American Scientific Resources, Inc. (ASFX) Video Chart for Wednesday, February 15, 2012

ASFX looks like it may be trying to make a run off bottom support again. Volume picked up yesterday and shares rose by 30 percent, which should alert technical traders to a potential test of resistance near $0.004. To view the video chart, visit the following link: http://www.qualitystocks.net/videocharts Let us hear your thoughts below:

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Month: February 2012