Daily Stock List
Probe Manufacturing, Inc. (PMFI)
OTCPicks reported previously on Probe Manufacturing, Inc. (PMFI), and today we are highlighting the Company, here at the QualityStocks Daily Newsletter.
Incorporated on July 7, 1995, and now based in Irvine, California, Probe Manufacturing, Inc. is a global Electronics Design, Manufacturing and Services Company. They provide original electronic equipment manufacturers with business services via their 23,000 sq. ft. factory in California as well as factories worldwide. The Company serves the Industrial, Instrumentation, Medical, Aerospace, Defense, and Automotive industries. Established in 1994, Probe Manufacturing’s shares trade on the OTCQB.
The design of the Company’s customer centric management teams are to support clients by way of Early Supplier Involvement (ESI) resulting in improved Return on Investment (ROI); the utilization of a global supply chain, reducing material acquisition time and cost; acceleration of the time to market by rapidly executing newly defined quotation and production processes, and delivering prototypes in 24 hours and full turnkey products in 4 to 6 weeks.
Probe Manufacturing offers a variety of electronic manufacturing services including new product introduction, collaborative design, procurement and materials management, product manufacturing, product warranty repair, and end-of-life support. They provide engineering, manufacturing, and integrated supply chain services.
The Company’s engineering services consist of product design, printed circuit board layout, prototyping, and test development. Supply chain management solutions include purchasing, management of materials, and order fulfillment. Manufacturing services consist of surface mount and through-hole assembly, cable assembly, mechanical assembly, and fully integrated box build systems for high complexity electronics.
Recently, Probe Manufacturing announced that they expect to report for the second quarter of 2012: Gross revenue between $1.6 million and $1.65 million for the second quarter of 2012 compared to $1,164,312 for the same period in 2011. This represents a 37 percent to 42 percent increase.
They also expect to report positive EBITDA between $124,000 and $125,000 for the second quarter of 2012 as compared to $59,688 for the second quarter of 2011, a 108 percent to 109 percent increase; and a sales backlog of approximately $2 million as of June 30, 2012.
The Company informs that these amounts are subject to the completion of the Company's internal audit and review by their independent registered public accounting firm.
Probe Manufacturing, Inc. (PMFI), closed on Friday at $0.011, up 37.50%, on 58,000 volume with 2 trades. The average volume for the last 60 days is 84,490 and the stock's 52-week low/high is $0.004/$0.012.
FuelCell Energy, Inc. (FCEL)
Alternative Energy reported this week on FuelCell Energy, Inc. (FCEL), The Street, PennyTrader Publisher, and Investor Ideas did earlier, and today we highlight the Company, here at the QualityStocks Daily Newsletter.
FuelCell Energy, Inc. manufactures ultra-clean stationary fuel cell power plants. These power plants generate electricity with up to twice the efficiency of conventional fossil fuel plants, with practically no air pollution. Direct FuelCell® power plants are generating ultra-clean, efficient and reliable power at more than 50 locations around the world. FuelCell Energy lists on the NASDAQ Global Market. The Company is based in Danbury, Connecticut.
FuelCell Energy has approximately 180 megawatts of power generation capacity installed or in backlog. The Company is a global leader in providing ultra-clean baseload distributed generation to utilities, industrial operations, universities, municipal water treatment facilities, government installations and other customers worldwide. Their power plants have generated in excess of one billion kilowatt hours of ultra-clean power using an array of fuels. These include renewable biogas from wastewater treatment and food processing, as well as clean natural gas.
Last week, FuelCell Energy provided an update on the negotiations with POSCO Energy regarding a 120 megawatt (MW) multi-year order and a cell licensing agreement. Active negotiations are continuing for the order and the licensing agreement as the parties work to reach mutually agreeable terms. FuelCell Energy and POSCO Energy expect to conclude negotiations and execute agreements for the 120 MW order and the cell licensing agreement within this calendar year. The existing 70 MW order was accelerated in May 2012 to meet growing demand for ultra-clean, efficient and reliable fuel cell power plants. Under the revised terms, 4.2 MW of fuel cell kits are undergoing delivery monthly, ending in April 2013.
This past Monday, FuelCell Energy urged support for The Fuel Cell and Hydrogen Infrastructure for America Act, being introduced by U.S. Congressman John B. Larson and U.S. Senator Richard Blumenthal. The design of the legislation is to speed up the adoption of stationary fuel cell power generation and the hydrogen energy infrastructure while supporting domestic manufacturing and helping the U.S. fuel cell industry to grow. Congressman Larson and Senator Blumenthal were accompanied by U.S. Congressman Chris Murphy during a visit to the Torrington, Connecticut production facility of FuelCell Energy, where they announced their intention to introduce this legislation.
FuelCell Energy, Inc. (FCEL), closed on Friday at $0.99, up 6.17%, on 1,104,027 volume with 1,857 trades. The average volume for the last 60 days is 1,145,537 and the stock's 52-week low/high is $0.80/$1.95.
Neuralstem, Inc. (CUR)
StreetInsider and SmarTrend Newsletters reported this week on Neuralstem, Inc. (CUR), MicroCap Gems, Wall Street Resources, ChartAdvisor, and Stock Alerts did earlier, and we are highlighting the Company as well, here at the QualityStocks Daily Newsletter.
Neuralstem, Inc. is a biopharmaceutical company based in Rockville, Maryland. The Company focuses on the development and commercialization of treatments for central nervous system (CNS) disease, based on transplanting human neural stem cells and the use of small molecule drugs. Neuralstem is in an FDA-approved Phase I safety clinical trial for amyotrophic lateral sclerosis (ALS) (Lou Gehrig's disease) and has been awarded orphan status designation by the FDA.
Neuralstem's patented technology enables the ability to produce neural stem cells of the human brain and spinal cord in commercial quantities. The technology also enables the ability to control the differentiation of these cells essentially into mature, physiologically relevant human neurons and glia.
Additionally, Neuralstem is also targeting major central nervous system conditions with their cell therapy platform. This includes spinal cord injury, ischemic spastic paraplegia and chronic stroke. The Company has submitted an IND (Investigational New Drug) application to the Food and Drug Administration (FDA) for a Phase I safety trial in chronic spinal cord injury.
Furthermore, Neuralstem also can generate stable human neural stem cell lines suitable for the systematic screening of large chemical libraries. The Company, via proprietary screening technology, has discovered and patented compounds that may stimulate the brain's capacity to generate new neurons, possibly reversing the pathologies of some CNS conditions.
Neuralstem is in a Phase Ib safety trial evaluating NSI-189 for the treatment of major depressive disorder (MDD). This is the Company’s first neurogenic small molecule compound. Additional indications could include chronic traumatic encephalopathy (CTE), Alzheimer's disease, and post-traumatic stress disorder (PTSD).
Earlier this week, Neuralstem announced the completion of the Phase I trial of their NSI-566 spinal cord neural stem cells for the treatment of ALS, with the eighteenth patient treated. This patient, the third to return to the trial for an additional set of injections, is also the last in the Phase I portion of the trial as it is currently designed, which is scheduled to conclude six months after this final surgery. The Phase I trial to assess the safety of the Company’s NSI-566 spinal cord neural stem cells and intraspinal transplantation method in ALS patients has been underway since January of 2010.
Neuralstem, Inc. (CUR), closed on Friday at $0.64, up 15.88%, on 1,563,958 volume with 1,783 trades. The average volume for the last 60 days is 138,992 and the stock's 52-week low/high is $0.42/$1.60.
Northern Vertex Mining Corp. (NEE.V)
Today we are highlighting Northern Vertex Mining Corp. (NEE.V), here at the QualityStocks Daily Newsletter.
Incorporated in 2007, Northern Vertex Mining Corp. is an exploration and mining company that lists on the TSX Venture Exchange and on the OTCQX International (NHVCF). The Company focuses on the development of precious metals deposits in Canada and in the U.S. Their goal is to acquire, develop and advance precious metal projects. Northern Vertex Mining has their corporate headquarters in Vancouver, British Columbia. The Company formerly went by the name Northern Vertex Capital, Inc. They changed their name to Northern Vertex Mining Corp. in February of this year.
The Company has successfully negotiated the acquisition of two U.S. based properties that fit within their mandate. Northern Vertex has implemented a strategy designed to convert historical resource estimates into 43-101 standards. Their Moss Gold-Silver Project in Arizona was acquired in March 2011. The Company, since the acquisition, has completed an extensive 27,000 foot drill program. This has resulted in the delineation of a substantial NI 43-101 compliant gold-silver resource.
Northern Vertex’ Lemhi Gold-Silver Project in Idaho represents a milestone acquisition for the Company. Northern Vertex plans to mirror the success of the Moss similar 30,000 foot program to start aggressively validating the property's non-compliant historical gold resource.
The Company also has their Copley Gold property. It is in the emerging Nechako Plateau of Central British Columbia. The 2,926 hectare property contains a large gold-bearing epithermal system measuring 7 kilometers long x 2 kilometers wide. The property lies on trend to the recent Blackwater-Davidson bulk-tonnage discovery 40 km to the south. A recent 1100 meter, 11 hole drilling program conducted on the Copley property was successful identifying a number of large gold bearing structures encountering significant gold intersections over a large area and promising gold values in 9 out of 11 holes.
This month, Northern Vertex Mining announced additional underground channel sample results from the Moss Gold-Silver project in Mohave County, Northwestern Arizona. Channel samples were taken at 5-foot intervals across the 'back' (roof) of the 1921 Hill No 2 X-Cut located 250 meters east of the Allen Shaft-Office X-Cut workings. The Company intersected 9.14 meters of 10.83 gpt Gold Equivalent Grade within a 24 meters intersection averaging 4.9 gpt Gold Equivalent in the underground channel sampling program at the project. Northern Vertex reports underground sampling is continuing at the Moss Gold-Silver Project. Additional results from the program are expected in the near future.
Northern Vertex Mining Corp. (NEE.V), closed on Friday at $1.05, up 5.00%, on 66,300. The stock's 52-week low/high is $0.80/$1.45.
Active Power, Inc. (ACPW)
SmarTrend Newsletters reported yesterday on Active Power, Inc. (ACPW), Street Insider did earlier this month, and we are highlighting the Company, here at the QualityStocks Daily Newsletter.
Founded in 1992, and listed on the NASDAQ Capital Market, Active Power, Inc. designs and manufactures continuous power solutions and critical backup power systems. These enable datacenters and other mission critical operations to remain 'on' 24 hours a day, seven days a week. Active Power is based in Austin, Texas. Their products and solutions are built in Austin at a state-of-the-art, ISO 9001:2008 registered manufacturing and test facility. Active Power serves their global customers via Austin and three regional operations centers located in the UK, Germany, and China, supporting the deployment of systems in more than 40 countries.
Active Power provides a variety of products that deliver continuous clean power; and protects customers from voltage fluctuations, such as surges and sags, and frequency fluctuations, as well as offer temporary power to bridge the gap between a power outage and the restoration of utility power. They offer CleanSource UPS, a battery-free uninterruptible power supply (UPS) system, which integrates UPS electronics and their flywheel energy storage system into one compact cabinet lineup. The Company also provides PowerHouse, a continuous power system that includes CleanSource UPS, a generator, a switchgear, monitoring and controls software, GenSTART (a battery-free starting modular system for customers' diesel generators), an optional cooling system, and a maintenance package.
The Company offers customer support services, such as infrastructure needs assessment, vetting and validation, alignment with business objectives, system design, deployment, and start-up and commissioning, as well as service, support, and monitoring. Active Power serves data centers, manufacturing, technology, broadcast and communications, financial, utilities, healthcare, government, and airport industries.
Recently, Active Power announced that the Company has been invited to present at the 2012 Gateway Conference being held Sept. 6, 2012, at W San Francisco Hotel.
Chief Financial Officer, Mr. John Penver, is scheduled to present at 9:30 a.m. (PT) with one-on-one meetings held throughout the day. Mr. Penver will discuss how the explosive growth in data centers globally is driving demand for Active Power’s high efficiency critical backup power systems. He will also discuss the Company’s outlook for the remainder of 2012.
Active Power, Inc. (ACPW), closed on Friday at $0.76, down 2.88%, on 164,590 volume with 310 trades. The average volume for the last 60 days is 419,696 and the stock's 52-week low/high is $0.59/$1.67.
Jaguar Mining, Inc. (JAG.TO)
We are reporting on Jaguar Mining, Inc. (JAG.TO) today, here at the QualityStocks Daily Newsletter.
Trading on the Toronto Stock Exchange, Jaguar Mining, Inc. is a junior gold producer in Brazil. The Company has operations in a prolific greenstone belt in the state of Minas Gerais. In addition, Jaguar Mining is developing a Project in Northern Brazil in the state of Maranhão. The Company is actively exploring and developing additional mineral resources at their approximate 220,000-hectare land base in Brazil. Jaguar Mining’s shares also list on the New York Stock Exchange (NYSE) under the symbol JAG.
Founded in 1984, the Company is a Canadian-chartered entity. Jaguar has their principal executive office in Belo Horizonte, Brazil and an administrative office in Concord, New Hampshire. Based on their development plans, Jaguar is one of the fastest growing gold producers in Brazil.
The Company’s gold operations, Turmalina, Paciência and Caeté, are located in the Iron Quadrangle region, the aforementioned greenstone belt near the city of Belo Horizonte in the state of Minas Gerais, Brazil. Jaguar Mining controls 38,220 hectares of mineral concessions in the Iron Quadrangle.
The Company’s significant planned expansion includes the Gurupi Project. This Project is an open pit gold mining operation in the state of Maranhão in Northern Brazil, where Jaguar controls 166,513 hectares. In addition, Jaguar is also engaging in gold exploration at a greenfield site in the state of Ceará covering 35,363 hectares, the Pedra Branca Project.
This month, Jaguar Mining reported a net loss of $16.4 million or $0.19 per fully diluted share for the quarter ended June 30, 2012. This result compares to net income of $15.6 million or $0.18 per fully diluted share in the second quarter of 2011. For the six month period ended June 30, 2012, the Company reported a net loss of $13.5 million or $0.16 per fully diluted share. This compares to net income of $19.3 million or $0.23 per fully diluted share in the six month period ended June 30, 2011.
Jaguar sold 28,933 ounces of gold at an average realized price of $1,608 per ounce in the three months ended June 30, 2012. This is in comparison to 40,184 ounces of gold at an average realized price of $1,507 per ounce in the three months ended June 30, 2011.
Mr. John Andrews, Jaguar's Interim CEO stated, "We are beginning to see some positive results from our cost reduction program. At our continuing operations, Turmalina and Caeté, average cash cost per ounce improved by 16 percent and 15 percent, respectively, when compared to the first quarter of 2012. We believe this is a good start but we recognize that we have much more work ahead of us before we reach our objectives for improved productivity and profitability."
Jaguar Mining, Inc. (JAG.TO), closed on Friday at $0.99, up 4.21%, on 65,221 volume. The stock's 52-week low/high is $0.61/$8.36.
Parks! America, Inc. (PRKA)
Today we are reporting on Parks! America, Inc. (PRKA), here at the QualityStocks Daily Newsletter.
Parks! America, Inc., through their wholly-owned subsidiaries, owns and operates two regional theme parks. In addition, the Company is in the business of acquiring, developing and operating local and regional theme parks and attractions in the United States. The Company was formerly known as Great American Family Parks, Inc. They changed their name to Parks! America, Inc. in June 2008. Parks! America’s shares trade on the OTCQB and the Company is based in Pine Mountain, Georgia.
Parks! America’s mission is to build a family of theme parks primarily through acquisitions of small, local and regional, privately-owned existing parks. Their mission is also to develop a series of compatible, themed attractions. They also may pursue contract management opportunities for themed attractions owned by third parties.
Their corporate philosophy is to acquire existing amusement park properties that have an operating history; properties where their management team believes the potential exists to increase profits and operating efficiencies; and properties where there is additional, underutilized land upon which to expand operations.
Parks! America’s wholly-owned subsidiaries are Wild Animal, Inc., a Missouri corporation (Wild Animal - Missouri) and Wild Animal Safari, Inc., a Georgia corporation (Wild Animal - Georgia). Wild Animal-Georgia owns and operates the Wild Animal Safari theme park in Pine Mountain, Georgia (the Georgia Park). Wild Animal - Missouri owns and operates the Wild Animal Safari theme park located in Strafford, Missouri (the Missouri Park).
The Company's total net revenues for the nine month period ended July 1, 2012 increased by $247,663, or 11 percent, to $2,467,255 versus the nine month period ended June 26, 2011. The Georgia Park's revenue increased by $106,446 because of a 4 percent increase in average revenue per customer and 2 percent more customers during the nine month period ended July 1, 2012 versus the nine months ended June 26, 2011.
The Missouri Park's attendance increased by 20 percent during the nine month period ended July 1, 2012 and admission revenue at the Missouri Park increased by $165,856, or 46 percent, versus the nine month period ended June 26, 2011.
The average revenue per Missouri customer increased by 14 percent during this nine month period, compared to the same period last year. The Missouri Park generated animal sales of $10,308 during the nine month period ended July 1, 2012 versus $34,947 in animal sales during the nine month period ended June 26, 2011.
Parks! America, Inc. (PRKA), closed on Friday at $0.03, up 20.83%, on 31,000 volume with 5 trades. The average volume for the last 60 days is 17,855 and the stock's 52-week low/high is $0.0053/$0.03.
US China Mining Group, Inc. (SGZHE)
We are reporting on US China Mining Group, Inc. (SGZHE), here at the QualityStocks Daily Newsletter.
US China Mining Group, Inc. engages in coal production and sales through exploring, assembling, assessing, permitting, developing, and mining coal properties in the People's Republic of China (PRC). The Company sells coal primarily to power plants, cement factories, wholesalers, and individuals for home heating. They were formerly known as Songzai International Holding Group, Inc. They subsequently changed their name to U.S. China Mining Group Inc. in July 2010. Listed on the OTCQB, the Company has their headquarters in City of Industry, California.
Upon obtaining permits from the Heilongjiang Province National Land and Resources Administration Bureau and the Heilongjiang Economic and Trade Commission, US China Mining extracts coal from properties to which they have the right to mine capped amounts of coal, and then they sell most of the coal on a per metric ton basis in cash on delivery. They do not own the coal mines; they have mining rights to extract a capped amount of coal from a mine.
The Company’s business consists of the operations of Tong Gong coal mine in northern PRC, approximately 175 km southwest of the city of Heihe in the Heilongjiang Province, and the Hong Yuan and Sheng Yu coal mines located in the city of Mohe in Heilongjiang Province. Tong Gong coal mine is an underground coal mine located in the western slope of the Xiaoxinganling Mountain in northern PRC. The mine is accessible by railway and public roads. The coal reserves are in the middle of the Heibaoshan-Muer coal basin as a secondary sedimentary basin.
The Xing An Coal Mines are made up of two mines (Hong Yuan and Sheng Yu coal mines). Xing An is located in the Daxinganling Mountain Range in Northeastern China just outside the city of Mohe which is less than two miles from the Russian border. The Company believes the Xing An mines are well-situated given their existing access to railway and public roads, and the demand for coal in Heilongjiang Province driven by the region’s rapid economic growth, and the substantial costs involved in transporting coal to this region from major coal-producing provinces such as Shaanxi Province, Shanxi Province, and the Inner Mongolia Autonomous Region.
Yesterday, US China Mining Group announced financial results for the second quarter ending June 30, 2012. For the three months ended June 30, 2012, the Company generated net sales of $5.1 million compared to $11.4 million for the same period in 2011, a 55 percent decline.
Gross profit was $1.4 million for the second quarter of 2012 compared to $4.1 million for the same period of 2011, a 65 percent decline. Gross margins decreased 9 percent to 27 percent for the second quarter of 2012. Net loss for the three months ended June 30, 2012 was $4.0 million compared to net income of $0.5 million for the same period of 2011.
US China Mining Group, Inc. (SGZHE), closed on Friday at $0.60, down 7.69%, on 1,000 volume with 2 trades. The average volume for the last 60 days is 955 and the stock's 52-week low/high is $0.13/$2.30.
Consorteum Holdings, Inc. (CSRH)
The QualityStocks Daily Newsletter would like to spotlight Consorteum Holdings, Inc. (CSRH). Today, Consorteum Holdings, Inc. closed trading at $0.004, up 100.00%, on 15,000 volume with 1 trade. The stock’s average daily volume over the past 60 days is 88,750, and its 52-week low/high is $0.001/$0.018.
Consorteum Holdings, Inc. (CSRH) utilizes the most technically advanced global solutions available today. By working with a multitude of global technologies, Consorteum is able to create customized programs for maximum results. This approach enables unparalleled flexibility when sourcing solutions, resulting in smarter, faster deployment of technologies, competitive pricing, and potential for new streams of revenue.
Through its exclusive software license with Tarsin Inc., the company leverages a team of software developers that understands the complexities of delivering digital media content across mobile handsets. Tarsin is capable of providing clients with integration and support for over 700 mobile carriers globally on a seamless and secure platform to take advantage of the increasing demand for rich mobile content.
Consorteum's flagship CAPSA technology platform brings a universal solution to the problems of wagering and betting on mobile devices. Multiple different operating systems, user interfaces, and form factors have created enormous barriers to launching commercial initiatives. But with CAPSA, gaming operators can now cost-effectively monetize innovative mobile wagering products and services quickly and robustly.
In addition to its mobile initiatives, Consorteum is also actively engaged in the financial industry, providing MasterCard solutions as well as loyalty and reward programs. The company has strategically designed its business initiatives to create repetitive transactions on an ongoing basis. Consorteum's goal is to have their customers think of them more as partners, rather than just technology providers, for longer-lasting, more profitable relationships. Disclaimer
Consorteum Holdings, Inc. Company Blog
Consorteum Holdings, Inc. News:
CORRECTION -- Tarsin, a Leader in Secure Mobile Platform Technology, Forges New Frontiers in Mobile Gaming
Tarsin, a Leader in Secure Mobile Platform Technology, Forges New Frontiers in Mobile Gaming
Consorteum Completes Acquisition of Tarsin Inc.
Teletouch Communications, Inc. (TLLE)
The QualityStocks Daily Newsletter would like to spotlight Teletouch Communications, Inc. (TLLE). Today, Teletouch Communications, Inc. closed trading at $0.54, up 12.5%, on 12,121 volume with 10 trades. The stock’s average daily volume over the past 60 days is 17,918, and its 52-week low/high is $0.253/$0.89.
Teletouch Communications, Inc. (TLLE) offers a comprehensive suite of wireless telecommunications solutions, including cellular, GPS-telemetry, and wireless messaging. Founded in 1964, the company provides its products and services to consumers, businesses, and government agencies, operating a chain of 11 retail and authorized agent stores, in conjunction with its direct sales force, call center operations, and various retail eCommerce websites.
Through its wholly owned subsidiary, Progressive Concepts, Teletouch operates a national distribution business, PCI Wholesale, primarily serving Tier-1 (AT&T, T-Mobile, Verizon, Sprint) cellular carrier agents, Tier-2, Tier-3, and rural carriers, as well as auto dealers and smaller consumer electronics retailers. The subsidiary's international sales coverage includes Canada, Mexico, Brazil, Singapore, and China.
The company is currently focusing on growing its core wholesale distribution business. The business plan being executed includes selling non-core corporate assets and reviewing potential acquisition opportunities. Operators and retailers of all sizes are seeking new sources of revenue at lower costs, creating a large opportunity to provide great products and value-added distribution capabilities at competitive prices.
Teletouch's management team has extensive experience in financing, acquiring, and operating retail, wireless and other related companies. Robert McMurrey, Chairman and CEO, guided Teletouch's original external expansion with the completion of over 15 acquisitions to date. Today, the company supports over 60,000 wireless customers, leveraging its long-standing relationships and global presence to drive future earnings growth. Disclaimer
Teletouch Communications, Inc. Blog
Teletouch Communications, Inc. News:
Teletouch Reports Fiscal Year 2012 Results
Teletouch 2012 Fiscal Year Ending May 31st Report Scheduled for August 29, 2012
Teletouch Sells Legacy Two-Way Radio Division to DFW Communications for $1.5 Million
GlobalWise Investments, Inc. (GWIV)
The QualityStocks Daily Newsletter would like to spotlight GlobalWise Investments, Inc. (GWIV). Today, GlobalWise Investments, Inc. closed trading at $1.01, up 6.32%, on 6,700 volume with 5 trades. The stock’s average daily volume over the past 60 days is 5,756, and its 52-week low/high is $1.02/$1.87.
GlobalWise Investments, Inc. (GWIV), 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 diversity gives advanced security & privacy features with an on-demand structure needed for large Tier 3 and Tier 4 businesses that are currently underserved by the market.
The Intellinetics platform defines a new industry benchmark and game-changing approach by combining advanced virtualization & automated content management with an open and service-oriented architecture using web services. The company provides strategies, tactics, and technologies used to manage paper and digital assets from capture to long-term archive, without the need for manual processes conducted by a full time employee.
GlobalWise's management boasts a combined total of over 60 years in ECM leadership and industry experience. The ECM industry is expected to exceed $5.1 billion by 2013 with Gartner predicting a compound annual growth rate of 9.5%. IBM Market Insights predicts adoption of cloud computing to grow by 26% CAGR between 2010 through 2013. Leveraging management and key department heads, Intellinetics has a strong foundation from which to capture significant market share within the lucrative $149 billion Business Software & Services industry. Disclaimer
GlobalWise Investments Company Blog
GlobalWise Investments News:
GlobalWise Announces New Channel Sales Partnership With RJ Young
GlobalWise Accepted as Member of Prestigious Organization Technology United
GlobalWise CEO to Be Featured Speaker at World Expo 2012 Conference
Longhai Steel, Inc. (LGHS)
The QualityStocks Daily Newsletter would like to spotlight Longhai Steel, Inc. (LGHS). Today, Longhai Steel, Inc. closed trading at $1.19, up 0.85%, on 9,241 volume with 12 trades. The stock’s average daily volume over the past 60 days is 13,907, and its 52-week low/high is $0.15/$2.26.
Longhai Steel, Inc. (LGHS) is a leading producer of high-quality steel wire in eastern China, with annual capacity of 1.5 million metric tons. Longhai's wire is manufactured into screws, nails, and wire mesh used for fencing and to reinforce concrete. Longhai recently expanded its production facility to include specialized applications such as steel wire rope, steel strand, steel belted radial tires, and steel welding rod. Longhai Steel is headquartered in Xingtai, Hebei province, the People's Republic of China.
The company's competitive advantages are its advanced production equipment and process technology, high product quality, expedited production, and close proximity to distributors and end users. Longhai Steel recently opened a second production line, which increases its overall capacity by 67% and expands its product portfolio into higher quality steel wire for specialized applications such as steel wire rope, steel strand, steel belted radial tires, and steel welding rod.
Longhai Steel's growth strategy includes capitalizing on government actions aimed at encouraging industry consolidation via the acquisition of neighboring producers at attractive valuations. The company also plans to grow organically through capacity expansion, broadening its product portfolio, improving operating efficiencies, and continued expansion of technical expertise.
China is the world's largest producer and consumer of steel and steel wires. Demand for steel products is primarily driven by spending in the construction, automotive, and infrastructure industries in China. Continued economic development in Hebei, one of the largest steel manufacturing regions in China, and neighboring provinces, and further buildout of tier 3-6 cities in China, provide tremendous medium and long term opportunities for Longhai Steel. Disclaimer
Longhai Steel, Inc. Company Blog
Longhai Steel, Inc. News:
Longhai Steel Completes Testing of New Steel Wire Facility
Longhai Steel Provides Q2 2012 Earnings Call Transcript; Gross Profit Up 34%, EPS up 32%
Longhai Steel Announces Strong Second Quarter 2012 Operating Results
Arguably the biggest challenge with recycling is getting people to do it. With the world’s population now exceeding 7 billion, the amount of material goods produced each day (and associated waste) is at an all-time high. Recycling, even at its best, is not the full answer. Ultimately there will have to be modifications in how things are produced and consumed. Indeed the risk is that people will assume basic recycling efforts are all that is necessary, avoiding more comprehensive solutions. Nevertheless, there are few who doubt a valuable role for recycling in the efficient use of world resources. But even the most basic recycling efforts are wasted if the population doesn’t participate.
Think of how many residential recycling containers are underutilized, or not used at all, simply because it’s left up to the individual consumer to go through the process of separation and disposal. If the person is in a hurry, or uncertain about what goes where, or just lazy, the job doesn’t get done. Comprehensive implementation has always been the gravel in the gears of most well-intended recycling initiatives.
The beauty of the USA Recycling Industries business model is that it makes citizen participation in recycling completely painless and virtually invisible. That’s because the company works primarily with the huge automotive aftermarket service industry, collecting the mountain of used tires, batteries, oil filters, lubricants, metals, and other scrap materials, and seeing that they are all recycled and not dumped in the nation’s landfills. And yet it’s essentially imperceptible to the service center’s customers. To the average car owner, it’s simply a matter of taking their car in for normal servicing, something they’ve always done and will continue to do. They have no idea that they are an integral part of an impressive recycling program.
USA Recycling operates through carefully designed partnerships to provide nationwide service, making recycling easy and efficient for auto service centers, but even easier for the countless consumers that help clean up America without even knowing it.
For additional information, visit the company’s website atwww.USARecyclingIndustriesInc.com
The largest and most prestigious research university in Taiwan, Academia Sinica, has chosen Extreme Networks to supply high density, scalable data switches for the university’s network upgrade. A team of physicists within the Academia Sinica Grids (ASG) research area at the university are analyzing the particles created in collisions within the Large Hadron Collider (LHC), the world’s largest and most powerful particle accelerator.
In order to conduct its particle research, ASG needed a 10 Gigabit network that could be increased in size to a 100 Gigabit Ethernet. Extreme Networks’ blade servers met ASG’s needs.
According to Wen-Shui Chen, network manager for ASG, “We were already using Extreme Networks technology, but when we evaluated vendors’ switching gear capable of expanding the network to accommodate HPC architecture, we sought great price-performance backed by fast delivery. Extreme Networks offering ticked all the boxes, and we had experienced excellent service from them in the past. The BlackDiamond® is a great fit for large and dense networks.”
ASG is using Extreme Networks’ BlackDiamond 8900 series fabric switches. These consist of a BlackDiamond 8810 chassis fully loaded with BlackDiamond 8900 module cards. In all, ASG is using more than 2,500 Extreme Networks’ blade servers.
ASG is Extreme Networks’ largest blade server customer in Taiwan, with 52 racks. Boasting more than 5.4 petabytes (5.4 quadrillion bytes) of storage capacity including disk and tape, ASG also represents one of Taiwan’s largest data centers.
“Scientific and research facilities such as Academia Sinica need to be able to analyze immense amounts of real-time data from myriad sources in order to make real-time decisions. Having a flexible, high-performance core network and data center is critical to HPC applications,” said Huy Nguyen, director of product management for Extreme Networks. “An Ethernet-based HPC interconnect like Extreme Networks offers data-intensive organizations a significant advantage due to its cost-effectiveness, ubiquity and open standards.”
In addition to top institutions such as Academia Sinica, Extreme Networks also supports other leading universities and research groups such as the Wellcome Sanger Trust Institute, Johns Hopkins University, and CEA Saclay. Extreme Networks is known as a leader in the high performance Ethernet switching industry. Based in Santa Clara, CA, Extreme Networks has more than 6,000 customers in more than 50 countries.
For more information, visit the company’s website atwww.extremenetworks.com
Perceptron, the developers of a wide variety of non-contact laser and other specialized inspection and measurement solutions for both commercial and industrial applications, today announced that, as of August 30, the company had sold certain assets and liabilities from their secondary business segment, the Commercial Products Business Unit (CBU) to Inspectron, Inc.
In a move considered as being the best of all possible choices for maximizing shareholder value by management regarding the CBU, which only accounted for 9% of the company’s total sales in fiscal 2012, the sale to Inspectron will allow PRCP to focus squarely on the core Industrial Business Unit (IBU) segment. The CBU was responsible for handling the design and marketing on measurement/detection devices geared towards professional tradespeople in the relevant construction, electrical, mechanic, and plumbing markets.
President of Inspectron, Richard Price, just so happens to be the CBU’s former Senior VP and the deal represents a very smooth transition, with Inspectron being tasked under the terms of the agreement to handle extant business requirements like service parts, warranty obligations, and vendor commitments. Inspectron has thus acquired essentially all pertinent business operations, from inventory and the customer contracts on down the line to patents, tooling, and trademarks for a reported $838k in cash, with PRCP retaining the some $608k in CBU’s accounts receivable balance.
CFO of PRCP, Jack Lowry, pointed to the upcoming scheduled release of fiscal year 2012 financial results (Sept 4) and subsequent earnings call (Sept 5) as an opportunity for investors to get a closer look at the CBU deal, since more information would be offered at that time. The company will be reporting CBU’s financial results as discontinued operations, with the prior year’s data handled on a consistent basis.
Solid move for PRCP that will allow a better treatment of the core business, already known the world over, especially in automotive and manufacturing, where Perceptron’s advanced metrology solutions help speed and stabilize extremely complicated manufacturing processes.
President and CEO of PRCP, Harry Rittenour, explained that a wide range of decisions had come up regarding the secondary segment and been parsed, resulting in this deal. Rittenour further explained that as the IBU accounted for essentially all growth, profitability, and over 90% of total sales from fiscal 2012, the decision to sell off the CBU was really the pick of the litter among other options and offered the best overall valuation for not only shareholders, but PRCP as a whole, including the customer base.
Rittenour expressed a sense of satisfaction over completing the deal and asserted that the strength of the core business over the last year offered profound potential for 2013 and beyond, as the IBU now becomes the sole focus of efforts. This should result in even greater penetration in key global markets where the company has already established itself as an indispensible part of many industrial manufacturing process control workflows. More attention can now be paid to the Value-Added Services aspect of the IBU as well, which provides training and customer support services to help cement client bonds.
For more information on Perceptron, Inc. you can visit the company’s website located at: www.Perceptron.com
Worthington Energy engages in the acquisition, exploration, development, and drilling of oil and natural gas properties in the United States. The company’s strategy is to acquire cash flow producing properties with both proved and probable reserves.
The company reported yesterday that it has completed the sub-sea tie in connecting the I-1 well pipeline, located in the shallow waters of Kleberg County in the Gulf of Mexico, into the Six Pigs Processing facility’s main offshore pipeline. Worthington has been charging the pipeline, and the I-1 well has been brought online and into production mode. The company has 10.35% interest in the well and a 2% override interest in the entire 1,400 acres of the Mustang Island 818 Lease position in south Texas which was acquired on March 9, 2012.
It will take about one week for the pipeline to fully charge, resulting in gas and condensate flow reaching the onshore processing facility. Initial flow rates from the well are expected to be low while the well cleans up from the various materials that were used in the drilling process. The well clean-up process should take between 45 and 60 days.
One firm recommending Worthington Energy stock is Ludlow Capital which believes that with under 70 million shares outstanding and the progress made on the I-1 well, it may be poised for an upward movement. Certainly significant production from the I-1 well, expected to begin in late October or early November, should be positive for the company’s future outlook.
For additional information about Worthington Energy and its projects, please visit the company’s website at www.wenergyinc.com
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