Daily Stock List
POWRtec International Corp. (POWT)
SmallCapAllStars, Jackpot Penny Stocks, BestDamnPennyStocks, The Siri.biz Team, and PennyStockPerfection reported today on POWRtec International Corp. (POWT), and we are highlighting the Company, here at the QualityStocks Daily Newsletter.
POWRtec International Corp. is an innovative California-based energy monitoring company. The Company's focus is innovative and intelligent smart meters. Their Smart Read meters allow for efficient and comprehensive analysis of energy usage. This benefits the utility provider, the end-user, and ultimately the environment. POWRtec International lists on the OTC Bulletin Board; the Company has their corporate headquarters in Sunnyvale, California.
POWRtec's meters are network-enabled. They can be built to utilize virtually any communications protocol. This empowers the intelligent smart meters to directly control network enabled, power-draining devices by switching them on and off in accordance with the desired energy output. At present, POWRtec offers single-phase and three-phase versions of their intelligent meters that can work with 110V, 240V or 400V and up to 80 Amps. The Company can also create bespoke solutions to meet the needs of the individual utility companies. They will continue to develop their meters further to accommodate new needs, communication protocols, as well as purposes.
Utility companies, using POWRtec's intelligent meters, will be able to gather accurate data continually, on an hourly or daily basis. This includes power use, load, fluctuations, kilowatt-hours, and more. With the Company's connectivity options, it will also be possible for utility companies to gather data on how much power particular appliances use.
Last Friday, POWRtec announced that they signed a contract with Danish Utility giant, DONG Energy, securing the delivery of 50,000 of their Smart Read Meters. POWRtec previously delivered 160,000 meters to DONG Energy, and will now reach a total of 210,000 meters when deployed within the next 12 months. DONG Energy is one of the leading energy groups in Northern Europe.
Grant Jasmin, CEO of POWRtec stated, "We are very pleased to continue our successful collaboration with DONG Energy and assist them in reaching their goals for more sustainable and responsible energy consumption. This contract has further solidified our strong position in Northern Europe."
POWRtec International Corp. (POWT) closed Monday's trading at $0.05, down 16.13%, on 13,725,532 volume with 1,122 trades. The average volume for the last 60 days is 2,737,120. The 52-week low/high is $0.02/$0.40.
Searchlight Minerals Corp. (SRCH)
AllPennyStocks, HotOTC, StockRich, CoolPennyStocks, PennyInvest, StockEgg, PennyStockVille, BullRally, and MadPennyStocks reported earlier on Searchlight Minerals Corp. (SRCH), and today we are highlighting the Company, here at the QualityStocks Daily Newsletter.
Searchlight Minerals Corp. is an exploration stage company engaged in a slag-reprocessing project and the acquisition and exploration of mineral properties. The Company is focusing on their two mineral projects. One is the Clarkdale Slag Project and the other is the Searchlight Gold Project. The Clarkdale Slag Project is the more advanced of two ongoing projects that the Company is pursuing. Searchlight Minerals has their headquarters in Henderson, Nevada.
The Clarkdale Slag Project is in Clarkdale, Arizona. It is a reclamation project to recover precious and base metals from the reprocessing of slag produced from the smelting of copper ore mined at the United Verde Copper Mine in Jerome, Arizona. Searchlight Minerals, since the second half of 2010, has pursued autoclaving in an effort to prove their ability to commercially extract and recover precious and base metals from the slag material at their Clarkdale Slag Project. Autoclaving is a proven technology that is extensively used within the mining industry. It is a chemical leach process. It uses elevated temperature and pressure in a closed autoclave system to extract precious and base metals from their slag material.
The Searchlight Gold Project involves exploration for precious metals on mining claims near Searchlight, Nevada. The Searchlight Gold Project is an early-stage gold exploration endeavor on 3,200 acres located approximately 50 miles south of Las Vegas, Nevada. Since 2005, the Company has maintained an ongoing exploration program on their Searchlight Gold Project. They contracted with Arrakis, an unaffiliated mining and environmental firm, to perform a number of metallurgical tests on surface and bulk samples taken from the project site under strict chain-of-custody protocols.
In 2007, results from these tests validated the presence of gold on the project site, and identified reliable and consistent metallurgical protocols for the analysis and extraction of gold, such as microwave digestion and autoclave leaching. On February 11, 2010, the Company received final approval of their Plan of Operations from the BLM. This allows them to conduct an 18-hole drill program on their project area. However, they have decided to postpone further exploration on their Searchlight Gold Project until they are better able to determine the feasibility of their Clarkdale Slag Project.
Searchlight Minerals Corp. (SRCH) closed Monday's trading session at $0.82, up 12.33%, on 1,114,378 volume with 302 trades. The average volume for the last 60 days is 233,367. The 52-week low/high is $0.35/$1.54.
Advanced Cell Technology Inc. (ACTC)
Ceocast News reported today on Advanced Cell Technology Inc. (ACTC), The Street, SeriousTraders, and SmarTrend Newsletters did earlier, and we are reporting on the Company, here at the QualityStocks Daily Newsletter.
Advanced Cell Technology Inc. (ACTC) is a biotechnology company applying cellular technology in the field of regenerative medicine. They apply stem cell-based technologies (adult and human embryonic) and other proprietary methods in the field of regenerative medicine to bring patient-specific therapies from the lab to the bedside. ACTC has their headquarters in Santa Monica, California, and they have a laboratory facility in Marlborough, Massachusetts. The Company's shares trade on the OTC Bulletin Board.
ACTC has three cellular product platforms based on innovative stem cell technology. They are focusing on commercializing their Retinal Pigment Epithelial (RPE) therapy for degenerative retinal disease. The Company has initiated two Phase 1/2 clinical trials. They are also focusing on their Phase II-approved Myoblast stem cell therapy for the treatment of chronic heart failure, advanced cardiac disease, myocardial infarction, and ischemia. In addition, the Company is developing their human embryonic stem cell (hESC)-based Hemangioblast (HG) platform for the treatment of blood and cardiovascular diseases. They are developing this program in partnership with CHA Biotech of Korea.
ACTC owns or licenses more than 150 patents and patent applications related to stem cell therapy and regenerative medicine. They secured a patent on their "embryo-safe" single-blastomere technology. They also secured a broad patent for production of RPE cells. Their RPE and HG programs are human embryonic stem cell (hESC)-based. Their Phase II-approved Myoblast program for cardiac disease is an autologous adult stem cell therapy.
Today, ACTC announced that their Chairman and CEO, Mr. Gary Rabin, will be presenting at EBD Group's Biotech Showcase 2012, Jan. 9-11 at the Parc 55 Windham in San Francisco. Mr. Rabin will present at the Regenerative Medicine State of the Industry Briefing workshop at 8 a.m. PST, Level 2, Divisadero, and at 1:45 p.m. PST, Room Mission II, during two separate panels. Both presentations will take place on Tuesday, Jan. 10.
Advanced Cell Technology Inc. (ACTC) closed at $0.15, up 22.50%, on 30,389,035 volume with 1,839 trades. The average volume for the last 60 days is 8,127,535. The 52-week low/high is $0.07/$0.22.
Orezone Gold Corp. (ORE.TO)
Super Stock Picker reported previously on Orezone Gold Corp. (ORE.TO), and we are reporting on the Company today, here at the QualityStocks Daily Newsletter.
Orezone Gold Corp. has a gold discovery track record of +10 M oz and recent mine development experience in Burkina Faso, West Africa. The Company's 100 percent owned flagship project, Bombore, is one of the largest gold deposits in the country. Orezone's goal is to develop Bombore into a world-class deposit by 2012 and to become a mid-tier producer by 2015. Orezone Gold has their headquarters in Ottawa, Ontario. They have a field office in Ouagadougou, Burkina Faso. The Company's shares list on the Toronto Stock Exchange.
The Bombore project is 85 km east of the capital city, adjacent to an international highway. Resources are constrained within optimized open pit shells that span 11 km, and include 1.6 M oz indicated and 1.9 M oz inferred resources with an average drill depth of 60 meters. Currently, Orezone is completing a $24 M, 170,000-meter drill program to significantly expand resources and support the completion of feasibility studies this year.
The Company, through their 67 percent interest in Brighton Energy, has made a new and significant uranium discovery in Niger. Consistent mineralization occurs on their Zeline 1 exploration permit located 25 km to the north of Areva's Arlit mines, which have produced 240 million pounds of uranium oxide (U3O8) since 1971. Brighton Energy has five uranium permits covering an area of approximately 4,000 km² in Niger.
Last month, Orezone Gold announced another new uranium discovery in Niger, West Africa by Brighton Energy. Brighton completed a 19-hole, 1,566 m drill program in November on their 500 km(2) Zeline 4 permit, located 25 km east of Areva's open pit SOMAIR mine. The first target is in a wedge of the Carboniferous Guezouman Formation in the southeast portion of the permit. The Guezouman is also the host rock of the neighboring COMINAK mine and Madaouela deposit mineralization.
Sixteen holes totaling 1,146 m underwent drilling on an 800 m by 800 m grid. All holes intercepted the Guezouman Formation. Fourteen holes intercepted a minimum of 100-ppm eU3O8 over 10 cm or more, with nine intercepting greater than or equal to 200-ppm eU3O8.
Orezone Gold Corp. (ORE.TO) closed Monday's trading session at $0.249, up 0.40%, on 51,725 volume. The 52-week low/high is $2.15/$5.26.
American Petro-Hunter Inc. (AAPH)
SmallCapVoice, FeedBlitz, and Investor Ideas reported earlier on American Petro-Hunter Inc. (AAPH), and we are reporting on the Company, here at the QualityStocks Daily Newsletter.
American Petro-Hunter Inc. is a goal-oriented exploration and production (E&P) Company that has their headquarters in Scottsdale, Arizona. The Company's objective is to become an intermediate level oil and gas producer within 12 months. American Petro-Hunter is in production at the Poston Project in Trego County, Kansas, and the North Oklahoma Project. Their target is to become a 1000 BOE producer. Founded on January 24, 1996, American Petro-Hunter's shares trade on the OTC Bulletin Board.
The Company, in the short term, will acquire quality exploration projects in targeted jurisdictions favorable for near-term production close to existing infrastructure. They will aggressively search for existing production (Proved Developed Producing /PDP) from smaller, undervalued or underutilized properties that show high promise for probable undeveloped reserves (PUDs). The Company's focus is to acquire only projects with a minimum 20 drilling locations.
American Petro-Hunter's intermediate-term goals focus on production through drilling multiple projects. The basket of projects includes a mix of higher risk and higher reward targets and stable, low risk targets. Long-term goals are to take the Company through exploration, development, and production in excess of the 1000 BOE level in the aim of long-term sustainability or as a possible strategic acquisition by a major producer.
The Company's Poston Project land holding is 750 gross acres under lease. American Petro-Hunter has a 25 percent Working Interest, 20.4 percent NRI. At the Poston Project, the #1 Lutters well began production as a commercially viable oil well on June 18, 2009. The well produces oil in the Mississippi Dolomite.
In November 2011, American Petro-Hunter announced that their 2nd Horizontal well, the NOW-2H began commercial oil and gas production at the North Oklahoma Mississippi Lime Project. Following drilling of the horizontal portion of the well, the NOW-2H was completed and tied into the existing gas line and tank battery. A period of commercial testing and evaluation is now underway. Production data will undergo assessment and evaluation from the lateral penetration of the Mississippi limestone formation, which exhibited excellent oil and gas shows in highly fractured reservoir rock. After the requisite period of testing, American Petro-Hunter will determine whether future reservoir fracture stimulation would prove beneficial as demonstrated with the successful program completed at the NOM-1H well.
American Petro-Hunter Inc. (AAPH) closed Monday at $0.22, down 2.27%, on 10,140 volume with 7 trades. The average volume for the last 60 days is 47,833. The 52-week low/high is $0.18/$0.70.
World Surveillance Group Inc. (WSGI)
StockRich, StockEgg, BullRally, MadPennyStocks, HotOTC, CoolPennyStocks, PennyInvest, and PennyStockVille reported earlier on World Surveillance Group Inc. (WSGI), and today we are highlighting the Company, here at the QualityStocks Daily Newsletter.
World Surveillance Group Inc. (WSGI) is a developer of lighter-than-air unmanned aerial vehicles (UAVs) and related technologies. They design, develop, market, and sell autonomous, lighter-than-air UAVs capable of carrying payloads that provide persistent security and/or wireless communications solutions at low, mid, and high altitudes. WSGI lists on the OTC Bulletin Board; the Company has their corporate headquarters at Kennedy Space Center, Florida.
The design of WSGI's airships, when integrated with electronics systems and other high technology payloads, are for use by government-related and commercial entities that require real-time intelligence, surveillance, and reconnaissance or communications support for military, homeland defense, border control, drug interdiction, natural disaster relief, and maritime missions.
The Company's wholly owned subsidiary is Global Telesat Corp. This subsidiary provides satellite airtime and tracking services to the United States government and defense industry end users. They also resell airtime and equipment from leading satellite network providers such as Globalstar, Inmarsat, Iridium, and Thuraya. Global Telesat specializes in satellite tracking services using the Globalstar satellite network. They own several network infrastructure devices containing the signal processing technology that powers the Globalstar Simplex Data Service. Global Telesat's equipment is installed in various ground stations across Africa, Asia, Australia, Europe, and South America.
In November 2011, WSGI, announced that the Argus One UAV, equipped with a newly developed pod bay and integrated propulsion unit, successfully completed a series of flight tests in preparation for flight tests and demonstrations at the Oklahoma Training Center - Unmanned Systems in Lawton, Oklahoma and the U.S. Department of Energy Nevada Test Site. WSGI's technical partner Eastcor Engineering (ECE) conducted the flight tests under tower control at Easton Airport.
The earlier flight exercises in Maryland included various tests on the newly developed pod bay and integrated propulsion system. The Argus One airship was flown and monitored for two hours. There was no evidence of fatigue or stress resulting from the integration of the new pod bay and propulsion system. The Argus One airship demonstrated significantly more maneuverability and an improved ability to withstand the winds while aloft.
World Surveillance Group Inc.
) closed Monday's trading session at $0.04, down 2.63%, on 260,609 volume with 28 trades. The average volume for the last 60 days is 325,710. The 52-week low/high is $0.01/$0.31.
Ecosphere Technologies, Inc. (ESPH)
Wall Street Resources and FeedBlitz reported last week on Ecosphere Technologies, Inc. (ESPH), and today we are highlighting the Company, here at the QualityStocks Daily Newsletter.
Ecosphere Technologies, Inc. is a diversified water engineering, technology licensing, and environmental services company that lists on the OTC Bulletin Board. The Company designs, develops, and manufactures wastewater treatment solutions for industrial markets. They provide environmental services and technologies for use in large-scale and sustainable applications across industries, nations, as well as ecosystems. Ecosphere Technologies has their headquarters in Stuart, Florida.
Ecosphere has their patented Ozonix advanced oxidation technologies and their mobile, low maintenance water treatment systems. The Company's Ozonix technology is a high volume, advanced oxidation process designed to recycle water while reducing liquid chemicals used during water treatment applications.
Ecosphere Energy Services, LLC is the exclusive master licensee of Ecosphere's patented Ozonix technologies for domestic and worldwide energy applications. The Ozonix process provides energy exploration companies with a cost-effective method to kill bacteria and biofilms without the use of chemical biocides and scale-inhibitors.
Ozonix® is a Patented Advanced Oxidation Technology. It uses Ozone, Hydrodynamic Cavitation, Acoustic Cavitation, and Electro-Oxidation to oxidize and destroy microorganisms from contaminated water. A single Ozonix® advanced oxidation system can process up to 3,300 gallons per minute. It treats water to a level that is suitable for re-use. Ozonix® products are mobile, self-contained, as well as fully transportable.
Last week, Ecosphere Technologies announced that they will report more than $20M in revenue for 2011 and that they and their majority-owned subsidiary, Ecosphere Energy Services have received the purchase order for units 5 and 6 to undergo delivery in Q1 of 2012. This purchase order follows the on-schedule delivery of units 3 and 4 in Q4 2011 of a 16 unit, $45M contract with Hydrozonix, LLC.
Adrian Goldfarb, Chief Financial Officer of Ecosphere Technologies, stated, "We will report over $20M in revenue for 2011 which more than doubles our performance in 2010. With revenue greater than $8M in Q4 2011, we will report a 228 percent revenue increase versus the comparative quarter in 2010. In addition to solid revenue growth, we have made significant strides in reducing our debt from $3.1M to $2.3M."
Ecosphere Technologies, Inc. (ESPH) closed today's session at $0.44, down 2.22%, on 81,920 volume with 28 trades. The average volume for the last 60 days is 142,642. The 52-week low/high is $0.35/$0.85.
FrogAds, Inc. (FROG)
Penny Stock Explosion, Global Equity Report, 24-7 Stock Alert, Stockhunter.us, HEROSTOCKS, Stock Brain, Liquid Pennies, and Monster Stocks reported today on FrogAds, Inc. (FROG), and we are highlighting the Company, here at the QualityStocks Daily Newsletter.
Trading on the OTC Bulletin Board, FrogAds, Inc. provides online classified ads. The Company, via their Internet site frogads.com, enables sellers to list their products and services. They sell advertisements and banner ads. Founded in 2010, the Company was formerly known as Imobolis, Inc. They changed their name to FrogAds, Inc. in October 2011. FrogAds has their headquarters in Encino, California.
The Company's auction marketplace can be used free within any section of the website. Sellers are given complete autonomy to post an item using any of FrogAd's features. This includes embedded video and posting to multiple cities at one time. Buyers are notified instantly when a bid is received, countered, or accepted. No charge from FrogAds.com is applied to any user of the auction market at any point of the transaction.
The Company's Free Ads result in a customer receiving a 30-day advertisement with a large circulation. The customer will have the ability to change and delete their ads. This is while reaching an increased number of potential buyers. FrogAds.com is free; therefore, it results in many more ads being placed, including ancillary ads, which provides the buyer with a large and up to date selection.
Today, FrogAds announced that they succeeded in combining the traditional online auction business model with their leading online advertising platform. FrogAds.com is the first online destination to combine today's most actively used online arenas.
Julian Spitari, CEO of FrogAds.com, said, "We have long relied upon the mainstream online players, such as craigslist and eBay, to achieve our primary advertising and buying/selling goals. Our technology team continuously works to enhance FrogAds.com so that it offers the most online features, while remaining free to move beyond what is currently being offered by our competitors. By incorporating an auction marketplace on FrogAds.com, not only are we enhancing our online user experience, we are changing the entire online market by building one online destination for all advertising and consumer activity."
FrogAds, Inc. (FROG) closed Monday's trading session at $0.28, down 19.12%, on 454,972 volume with 161 trades. The average volume for the last 60 days is 58,833. The 52-week low/high is $0.21/$0.59.
Newport Digital Technologies, Inc. (NPDT)
The QualityStocks Daily Newsletter would like to spotlight Newport Digital Technologies, Inc. (NPDT). Today, Newport Digital closed at $0.0003, even for the day, on 7,805,443 volume with 7 trades. The stock's 60-day daily average volume is 1,593,509 and its 52-week low/high is $0.0002/$0.0056.
Newport Digital Technologies, Inc. (NPDT) offers a rich portfolio of competencies in LED lighting and digital signage. Utilizing its technological expertise and creativity, the company enables its customers to take full advantage of the nearly limitless possibilities offered by increasingly sophisticated applications.
Newport Digital is targeting the sports, entertainment, retail, education, government and hospitality markets. Leveraging partnerships with established electrical contracting and installation partners in the U.S., the company is able to develop and install virtually any digital signage or LED lighting solution, including out-of-home digital signage networks that deliver a powerful in-store advertising platform to retail brands seeking greater return on advertising budgets.
The company has also established partnerships with Taiwan's premier technology incubators, III and ITRI, under which the company develops and customizes their advanced technologies to meet the needs of businesses across the globe. Having a pool of more than 7,900 engineers and scientists, these R&D powerhouses have developed cutting edge capabilities in fields such as Information Communications Technology (ICT), electronics, and nanotechnology.
Newport Digital's management team has accumulated a wealth of knowledge and experience within the technology industry as well as the corporate world. Maintaining a strong track record of delivering exceptional results, the team retains almost two centuries of combined experience. Leveraging each team member's area of expertise, Newport Digital has established a solid foundation to penetrate emerging technology markets. Disclaimer
Newport Digital Technologies, Inc. Blog
Newport Digital Technologies, Inc. News:
Newport Digital Technologies Announces Shareholder Conference Call to Provide Update on Recent Business Developments and Restructuring Plans
Newport Digital Technologies Announces Restructuring Plan
Newport Digital Technologies Partners With Convergent Holdings to Advise on PetCo Park and Retail In-Store Digital Signage Networks
FluoroPharma Medical, Inc. (FPMI)
The QualityStocks Daily Newsletter would like to spotlight FluoroPharma Medical, Inc. (FPMI). Today, FluoroPharma Medical, Inc. closed trading at $0.80, off by 5.88%, on 30,500 volume with 11 trades. The stock’s average daily volume over the past 60-day daily average volume is 14,394 with a 52-week low/high of $0.56/$2.15.
FluoroPharma Medical, Inc. (FPMI) is a cutting edge provider of information, content distribution, media management and secure communications to the hospitality industry. The company's state of the art digital technology platform and Internet Protocol (IP) infrastructure presents hotels with a valuable opportunity to generate new revenue while enhancing guests' experiences by providing content that is more relevant to their unique interests.
The company's integrated platform stands far beyond the competition, offering unparalleled guest services such as messaging, folio review, express check outs, energy management and other personalized services while providing the traditional services of Free to Guest (FTG) programming, Video-On-Demand programming, a highly secured high speed internet service and many other interactive services such as gaming.
By combining TV and the web world through unparalleled IPTV/HDTV service, hotels are able to generate additional income through commercial spots, advertisements of local tourist services, hotel promotions and more. Features of the platform includes remote administration, support for more than twenty languages, easy installation and a comprehensive hotel services menu capable of providing detailed information about the hotel and upcoming activities, billing information, room service, guest messages and wake-up services.
The system's architecture consists of a Network Operating Center (NOC) and local hotel servers connected through a point-to-point broadband network. As each guest accesses the network, the resulting traffic generated undergoes analysis based on various criteria. This includes behavioral, geographical, seasonality, and more. Using this data, hotels are able to ensure advertisers maximum value for their advertising budget. Disclaimer
FluoroPharma Medical, Inc. Company Blog
FluoroPharma Medical, Inc. News:
FluoroPharma Announces Addition to the Board of Directors Reflecting Strong Focus on the Future
FluoroPharma Announces Aggregate of $7M Capital Raise in 2011
FluoroPharma CEO Provides Shareholders With a "State of the Union" Communication
Beacon Enterprise Solutions Group, Inc. (BEAC)
The QualityStocks Daily Newsletter would like to spotlight Beacon Enterprise Solutions Group, Inc. (BEAC). Today, Beacon Enterprise Solutions Group, Inc. closed trading at $0.32, off by 5.88%, on 6,500 volume with 2 trades. The stock’s average daily volume over the past 60-days is 36,045 with a 52-week low/high of $0.14/$0.70.
Beacon Enterprise Solutions Group, Inc. (BEAC) specializes in designing, implementing and managing high performance Information Technology Systems ("ITS") infrastructure solutions. Offering national, multi-national and global, turnkey ITS infrastructure solutions, the company is capable of delivery professional services to Fortune 1000 and large multi-site firms as they increasingly single source and outsource to reduce costs while optimizing critical planning, design, program, project and construction management and managed services.
Leveraging standardization, rapid mobilization and a just-in-time professional services approach, Beacon Enterprise Solutions serves as a single source for national, multi-national and global enterprise clients, including special practices focused on data centers, campuses, smart buildings, outside plant, wireless systems and other technology-based applications and projects. Clients are provided with consistent and predictable results anywhere in the world. The company's solutions allow clients to focus on their core businesses without the distraction of having employees spend valuable time on services that Beacon can provide on any continent, in any country using any language.
Headquartered in Louisville, Kentucky, with regional headquarters in Cincinnati, Ohio, Dublin, Ireland, and Prague, Czech Republic, in addition to personnel located throughout the United States and Europe, Beacon Enterprise Solutions services a diverse range of clients. For more than 30 years, the company has enabled businesses in a variety of vertical markets to dramatically reduce costs, enable global standardization, manage day-to-day technology systems moves, adds and changes, and take on major projects – all under a single national, multi-national or global agreement.
Beacon Enterprise Solutions has carefully assembled a seasoned management team and operating strategy to maximize organic growth and new business development across multiple vertical markets. More than 4,000 companies, from small businesses to Fortune 50 firms, have chosen the company's solutions. Disclaimer
Beacon Enterprise Solutions Group, Inc. Blog
Beacon Enterprise Solutions Group, Inc. News:
Beacon Enterprise Solutions Provides Earnings Call Webcast for Fiscal 2011 Financial Results
Beacon Enterprise Solutions Reports Fiscal 2011 Financial Results
Beacon Reports Significant Increases in Service Ticket Volume and Locations Served
Strategic American Oil Corp. (SGCA)
The QualityStocks Daily Newsletter would like to spotlight Strategic American Oil Corp. (SGCA). Today, Strategic American Oil Corp. closed trading at $0.0750, on 254,600 volume with 14 trades. The stock's average daily volume over the past 60 days is 221,510 with a 52-week low/high of $0.055/$0.21.
Strategic American Oil Corp. (SGCA) is an oil and natural gas exploration and production company with operations in Texas, Louisiana, and Illinois. Through the recent acquisition of Galveston Bay Energy, the company has significantly increased its existing increased oil and gas production as well as cash flow. In addition to advancing its current projects, Strategic American Oil continues to seek accretive acquisitions of production, reserves or other companies with promising prospects.
To date, Strategic American Oil has established a land portfolio with an aggregate gross 5,236 developed and undeveloped acres in Texas and Illinois alone. With this acreage, the company has identified new exploration targets and is applying advanced technology to maximize production. The company has also leased land positions hosting previously producing wells with the goal of enhancing or reestablishing production.
In September 2011, the company acquired SPE Navigation I, LLC, which included over $4 million in liquid assets and a $10 million working capital bank line, in exchange for 95 million restricted shares of common stock. The previous owners, who founded and developed Hyperdynamics Corp. (NYSE: HDY), now own an even greater stake in Strategic American Oil. To date, these owners have provided more than 70% of the company's capital for acquisitions and are committed to long term shareholder value.
Strategic American Oil is aggressively leasing, drilling, and acquiring projects at various stages of development to become a mid-tier U.S. oil and gas developer. The company is currently producing oil and gas, and making significant progress on its keystone projects in Texas and Illinois. Leveraging its technical expertise, promising portfolio and strong financial condition, the company is in an advantageous position to experience remarkable growth in the near term future. Disclaimer
Strategic American Oil Corp. Blog
Strategic American Oil Corp. News:
Strategic American Oil Corporation Increases Proved Reserves
Strategic American Oil Corporation Completes New Zone in Welder Ranch Well
Strategic American Oil Announces Removal of Auditors' "Going Concern" Opinion
Whenever you see headlines lauding the increase in worker productivity during a recession, what is really being said, of course, is that companies are desperately trying to keep their head above water with fewer resources. One of the natural ways companies try to do this is by outsourcing more work, as opposed to hiring more workers, and Information Technology operations are frequently the target of the rush to outsource. The problem is that outside resourcing often leads to a messy mix of vendors, each with their own approach and technologies, performing overlapping functions. It may all be a nightmare for company executives, but it’s been a boon for Beacon Enterprise, a growing worldwide provider of IT services.
Beacon has been enjoying steadily growing sales thanks largely to their well established reputation as a single integrated point of contact in an otherwise fragmented industry. Their unmatched portfolio of technologies and IT talent means that clients don’t have to worry about identifying and coordinating multiple vendors, no matter where the client calls home. Beacon’s recently implemented cloud-based platform ensures quick and easy global client and vendor information flow, along with the ability to deal effectively with differing languages and currencies.
To clients, it means the ability to do a lot more with a lot less. Beacon states up front that it can reduce client IT infrastructure expenditures by 30% or more, in addition to optimizing things like contract administration, vendor management, and accounting.
To Beacon, it means continued market expansion, with the company’s client base growing to 212 locations in 51 countries, including companies like Merck, Volvo, UPS, and other major global players. And Beacon is now also anticipating a strong 2012.
NeoGenomics Inc., a leading provider of cancer-focused genetic testing services, today announced that it has licensed the exclusive worldwide rights to use Health Discovery Corp.’s (HDC) intellectual property portfolio to develop laboratory developed tests (LDTs) and other products relating to hematopoietic and solid tumor cancers, excluding retina and breast cancer.
“Our agreement with HDC is an important strategic building block for NeoGenomics. We are executing well on the fundamentals of providing high-quality service, and have developed strong market-based partnerships with leading pathologists and clinicians. The ability to develop and successfully market innovative and proprietary genetic and molecular-based tests is an important third element of our strategy. This agreement provides the tools and resources necessary for NeoGenomics to execute on this essential strategic initiative,” Doug VanOort, chairman and CEO of NeoGenomics stated in the press release.
Per the agreement, NeoGenomics can develop and sell any gene, gene-product or protein-based LDT based on HDC’s technology. The agreement also gives NeoGenomics’ access to certain HDC personnel and consulting resources.
NeoGenomics paid $1 million in cash and issued 1,360,000 shares of common stock to HDC in upfront licensing fees. In addition, NeoGenomics will make milestone payments of $500,000 (up to $5 million) for every $2 million in revenue recognized by NeoGenomics based on products and services developed as a result of the licensing agreement. After NeoGenomics recognizes $20 million in cumulative revenue, NeoGenomics will pay a royalty of 6.5 percent on product sales and will share profits from sub-licensing arrangements.
VanOort said NeoGenomics will initially focus on development of LDTs for the detection of prostate, pancreatic and colon cancer. The company will also develop interpretation software targeted at automating cytogenetics and flow cytometry analysis.
“We have gained strong momentum in the marketplace over the past few quarters. Now, we are very focused on solidifying our gains and capitalizing on future opportunities available to us,
VanOort concluded. “With demographic changes in our country driving a significant increase in the prevalence of cancer and the possibilities offered by personalized medicine, it is an ideal time for us to invest even more in new genetic test development.”
SecureAlert Inc., a national leader in offender intervention and tracking technologies for law enforcement agencies worldwide, today posted record revenues for the fiscal year ended September 30, 2011.
SecureAlert reported 2011 annual revenues of $17.96 million, a 44 percent increase compared to $12.45 million reported for fiscal 2010. The company attributes the increase to its aggressive and successful expansion into global markets, which generated significant growth of monitoring revenues and related services. Domestic revenues increased 17 percent over the previous year.
The company also reported gross profit at 44 percent for fiscal 2011, an increase over gross profit of 39 percent reported for fiscal 2010. The increase reflects a four-year improvement realized through cost reductions and attracting quality clientele. Gross profit margin for the three months ended September 30, 2011, excluding impairment of equipment and parts, was 47 percent.
SecureAlert reported a net loss of $9.85 million for fiscal 2011 compared to a net loss of $13.91 million for the same period of 2010. This company attributes this 29 percent reduction in net loss primarily due to improvement in gross profit combined with a reduction of interest expense and other financing costs.
“These improved results reflect an unwavering commitment not only to drive toward profitability, but also to deliver the highest public-safety standards and real-time intervention solutions available anywhere in the global offender tracking and monitoring marketplace today,” John L. Hastings III, president and CEO of SecureAlert stated in the press release. “We continue to deliver unmatched worldwide and world class tracking and intervention technologies, investing in and expanding our Patent Portfolio, while delivering both enhanced customer and shareholder value.”
California-based energy monitoring company, POWRtec International Corp. announced today that it has signed a contract with DONG Energy to secure the delivery of 50,000 of its Smart Read Meters. The Danish energy giant is one of the leading energy groups in Northern Europe and is known for its visionary approach to providing clean and reliable energy.
POWRtec’s Smart Read meters allow for efficient and comprehensive analysis of energy usage. This benefits the utility provider, the end-user and ultimately the environment. To date, POWRtec has delivered 160,000 meters to DONG Energy; following this agreement, that total will raise to 210,000 meters over the next 12 months.
POWRtec’s Smart Read Meters align perfectly with DONG Energy’s clean energy mission; users have noticed a more efficient use of resources, smaller energy bills and enormous benefits to the environment. POWRtec designed their products to directly reduce the amount of energy waste and make a meaningful difference to the environment. The innovative and intelligent meters are network-enabled and can utilize virtually any communications protocol, empowering the intelligent smart meters to directly control network enabled, power-draining devices by switching them on and off in accordance with the desired energy output.
Grant Jasmin, CEO of POWRtec, remarked, “We are very pleased to continue our successful collaboration with DONG Energy and assist them in reaching their goals for more sustainable and responsible energy consumption. This contract has further solidified our strong position in Northern Europe.”
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