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The QualityStocks Daily

Recon Technology, Ltd. (RCON)

This week Hawk Associates and Greenbackers reported on Recon Technology, Ltd. (RCON), Momentum Trades did earlier, and we highlight the Company, here at the QualityStocks Daily Newsletter.

Recon Technology, Ltd. provides oilfield services and products to automate and enhance the extraction of petroleum in China. Trading on the NASDAQ Capital Market, the Company offers well service, drilling service, production and field service. Their specialized proprietary software and hardware manage the oil extraction process in real-time, which reduces extraction costs. Recon Technology, Ltd. has their headquarters in Beijing, China. Recon is the first Chinese non-state owned Oil and Gas service company to be listed on the NASDAQ.

The Company's technology increases efficiency and profitability for petroleum companies. It enables them to monitor, manage and control petroleum extraction, increase the amount of petroleum extracted and reduce impurities in extracted petroleum.

The Company bases their technology on three software copyrights, eight product patents and four pending patents. Recon places a high priority on exploration, design and innovation. Recon also cooperates with the Oilfield Service and Geology Research Laboratory of Nanjing University.

On March 8, 2010, Recon Technology, Ltd. announced that they received approximately $1.2 million in four new equipment and chemical orders from China National Petroleum Corporation (CNPC). Recon received an RMB 1,493,973 (approximately $219,000 USD) order from the CNPC Changqing Sulige Gas Field in Inner Mongolia.

They received an RMB 2,276,000 (approximately $333,000 USD) order from CNPC Tuha Oilfield in China's Xinjiang Uygur Autonomous Region. They also received RMB 1,731,600 (approximately $254,000 USD) order from the CNPC for the First Extraction Plant of Huabei Oilfield in Hebei Province. In addition, Recon received an RMB 2,378,493 (approximately $348,000 USD) order from CNPC for the Fourth and Fifth Extraction Plants of Huabei Oilfield for burners and horizontal furnaces.

Recently, Recon reported financial results for their Fiscal Year 2010-second quarter ended December 31, 2009. Highlights include Revenue for Q2 FY '10 increasing 27 percent to $7.3 million from $5.8 million in Q2 FY '09. Income from operations rose 34 percent to $2.5 million compared with $1.9 million in Q2 FY '09. Net income was $1.8 million, an increase of 31 percent over $1.4 million in Q2 FY '09.

Recon Technology, Ltd. (RCON) closed Friday's session at $6.81 up 2.10 percent. Volume was 28,037.

BWAY Holding Company (BWY)

Earlier, iStock Analyst, Zacks.com, and Hot Shot Stocks reported on BWAY Holding Company (BWY), and we are highlighting the Company, here at the QualityStocks Daily Newsletter.

BWAY Holding Company and their subsidiaries engage in the manufacture and distribution of metal and rigid plastic containers. These containers are primarily for the manufacturers of industrial and consumer products for packaging. In the fourth quarter of fiscal 2009, BWAY Holding Company acquired Central Can.  On October 23, 2009, in the first quarter of 2010, they acquired the Ball Plastics business. BWAY Holding Company trades on the New York Stock Exchange (NYSE) and they have their headquarters in Atlanta, Georgia.

BWAY Holding Company operates in two segments. These are metal packaging and plastic packaging. Their metal packaging products are general line rigid metal containers made from steel. These include paint cans and components, aerosol cans, steel pails, oblong cans and a variety of other specialty cans, including ammunition boxes. The Company's customers use these to package paint, household and personal care products, automotive after-market products, paint thinners, driveway and deck sealants, ammunition and other end-use products.

The Company's plastic packaging products are injection-molded plastic pails and blow-molded tight-head containers, bottles and drums. Their customers use these to package petroleum products, agricultural chemicals, other chemical applications, paint, ink, edible oils, high-tech coatings, high-solid coatings, roofing mastic and adhesives, driveway sealants and other end-use products.

BWAY Holding Company serves their markets through a nationwide network of modern, well-capitalized plants, geographically aligned to ensure fast order fulfillment backed by premier customer service. BWAY Packaging, the Company's rigid metal container division, produces paint and related cans, steel pails, aerosol cans, and a variety of specialty containers.

BWAY Holding Company's NAMPAC division offers a complete line of rigid plastic containers, including pails, tighthead containers, F-style bottles and other solutions. The Company's latest acquisition, ICL Industrial Containers, is the leading Canadian producer of plastic and steel pails.

BWAY's engineering specialists work in the field with the Company's customers. They provide in-depth technical expertise and support for integrating their products into their operations. They also dedicate their efforts to helping customers isolate and resolve broader issues.

BWAY Holding Company (BWY) closed Friday's trading session at $16.10 up 0.69 percent. Volume was 90,500.

Element92 Resources Corp.  (ELRE)

Recently, OTC Picks reported on Element92 Resources Corp.  (ELRE), and today we are highlighting the Company, here at the QualityStocks Daily Newsletter.

Founded in 2005, Element92 Resources Corp. is a mineral exploration and mining company. Incorporated in the State of Wyoming, the Company is working on a proposed acquisition, and they hold options on 14 mineral claims located in Huddersfield Township and Clapham Townships in Quebec, Canada. Element92 Resources Corp. trades on the OTCBB and they have their headquarters in Cheyenne, Wyoming.

On January 25, 2010, Element92 Resources Corp. announced that they executed a sales and purchase agreement to acquire three gold mines in Shandong Province, China. They are acquiring the rights to control two producing gold mines properties and one gold deposit by the issuance of 90 million newly issued restricted shares. The Company will report the closing upon completion. After the closing, the Company plans to change their name to Yinfu Gold, Inc. They are developing a website (www.yinfugold.com) to reflect this new opportunity.

Last month, Element92 Resources Corp. announced that they appointed Mervyn R. Cragg, CPA as the Company's Chief Financial Officer. Mr. Cragg brings more than 25 years of financial experience to the Company. In addition to this new position, Mr. Cragg is currently a Non Executive Director of Federal Phoenix Assurance Co. Inc., one of the largest independent general insurance companies in the Philippines.

On March 1, 2010, Element92 Resources Corp. reported that they had requested Minarco-MineConsult (MMC), a wholly owned subsidiary of Runge Limited, to carry out a visit to the gold mining and processing assets of Yinfu Gold, which Element92 will acquire. MMC's mandate was to provide an overview of the assets. The review is part of the due diligence process being conducted by Element92 Resources Corp.

The assets underwent inspection by one of MMC's Senior Chinese Geologists from February 2 to February 4, 2010. The gold mining and processing assets reviewed by MMC included Huwei (Wujia) Gold Mine and Processing Plant, Wendeng Gold Mine and Processing Plant and the South-Shijing Gold Exploration Area.

Today, Element92 Resources Corp. (ELRE) closed trading at $2.90 up 28.89 percent. Volume was 54,231.

Quest Software Inc. (QSFT)

The Street and Greenbackers reported earlier on Quest Software Inc. (QSFT), and we are highlighting the Company, here at the QualityStocks Daily Newsletter.

Trading on the NASDAQ Global Select Market, Quest Software Inc. designs, develops, markets, distributes, and supports enterprise systems management software products worldwide. The Company's products and people help customers manage their critical applications, databases, Windows infrastructure and virtual environments. Founded in 1987, Quest Software Inc. has their headquarters in Aliso Viejo, California.

The Company has more than 60 offices around the world. With the help of their partner network, Quest serves customers in almost every industry of every size. They have approximately 3,400 employees worldwide and 100,000 customers.

Quest Software Inc. is a Microsoft Gold Certified Partner, Oracle Partner Network Certified Partner, SAP Software Partner, Sun Solution Provider, and a VMware Technology Alliance Partner. They also partner with Dell, Accenture, and Avanade.

In February, Quest Software, Inc. and HealthCast, Inc. announced an end-to-end clinical desktop and workflow solution. This solution simplifies and automates secure clinician access to protected healthcare information with the benefits of virtualization. HealthCast's eXactACCESS single sign-on and clinical workflow solution, with Quest vWorkspace virtual desktop management solution, optimizes performance and secures access to critical electronic health, order entry, and clinical documentation systems. Consequently, these systems can be centrally managed to reduce costs and security concerns while increasing control of the clinical desktop environment.

In addition, in February, Quest Software, Inc. announced that they were positioned by Gartner, Inc., in the Leaders quadrant of the "Magic Quadrant for Application Performance Monitoring." Gartner evaluated 19 vendors on their "Ability to Execute" and "Completeness of Vision" for the report. Quest's application performance monitoring (APM) solution, Foglight®, is the main driver for their position in the Leaders quadrant by Gartner.

On March 2, 2010, Quest Software, Inc. announced that they have updated Quest® ActiveRoles® Quick Connect. This is their optional set of add-on solutions to ActiveRoles Server. They provide cross-platform provisioning and deprovisioning for automated identity, password and access synchronization. The new versions include support for Microsoft SharePoint, SAP Solutions and password synchronization. ActiveRoles Quick Connect is a central component of Quest® One Identity Solution. It provides heterogeneous identity and access management capabilities.

Quest Software Inc. (QSFT) closed Friday's trading at $18.15 up 0.55 percent. Volume was 778,824.

Omega Navigation Enterprises, Inc. (ONAV)

Today we are highlighting Omega Navigation Enterprises, Inc. (ONAV), here at the QualityStocks Daily Newsletter.

Incorporated in the Marshall Islands in February 2005, Omega Navigation Enterprises Inc. is an international provider of marine transportation services. The Company focuses on seaborne transportation of refined petroleum products. They trade on the NASDAQ Global Market, and list on the Singapore Exchange Securities Trading Limited under the symbol "ONAV 50."

Omega Navigation Enterprises, Inc. has their headquarters in Athens, Greece. The Company also maintains an office in the United States. The Company owns and operates 9 high specification double hull product tankers. These tankers have an average age of 3.4 years and a combined cargo carrying capacity of 559,358 dwt. One vessel, the Omega Duke, is owned through a 50 percent controlled joint venture with Topley Corporation. Topley is a wholly owned subsidiary of Glencore International AG (Glencore).

Omega Navigation Enterprises, Inc. also formed an equal partnership joint venture company with Topley Corporation. This company is Megacore Shipping Ltd. Through this company, they are expected to acquire in total 9 newbuilding vessels consisting of two 37,000-dwt product/ chemical tankers (MR1s) and seven 75,000-dwt product/oil tankers (LR1s). These are all under construction in Huyndai Mipo Dockyard, in South Korea. Three of these product tankers are scheduled for delivery in 2010, four in 2011 and two in 2012.

Companies fully owned by Megacore will own all nine vessels. Omega will provide the technical, operating and administrative services and ST Shipping (wholly owned subsidiary of Glencore) will provide commercial management. The first of these vessels will deliver during the first quarter of 2010 and has secured a three-year time charter with NYK lines.

The Company also announced the purchase of an additional product tanker with a capacity of 47,000 dwt (through a joint venture) scheduled for delivery in the third quarter 2010. Omega's fleet will expand to 19 product tankers with a total deadweight capacity of 1,252,358 dwt. with the addition of these ten vessels.

Omega Navigation Enterprises, Inc. (ONAV) closed Friday's session at $3.03 down 0.63 percent. Volume was 38,757.

Jones Soda Co. (JSDA)

This week, Stock Fortune Teller reported on Jones Soda Co. (JSDA), HotOTC.com, Stock Rich, Cool Penny Stocks, Stockpalooza, All Penny Stocks, Hidden Stocks reported earlier, and we highlight the Company today, here at the QualityStocks Daily Newsletter.

Headquartered in Seattle, Washington, Jones Soda Co. together with their subsidiaries, develops, produces, markets, licenses, and distributes beverages and related products. They do this primarily in the United States and Canada. They sell and distribute their products through their network of independent distributors and national retail accounts, and via licensing and distribution arrangements. Jones Soda Co. trades on the NASDAQ Capital Market.

Jones Soda makes a variety of drinks such as Jones Organics and Jones Naturals. Jones Organics are a ready-to-drink organic tea. Jones Naturals are a non-carbonated juice and tea. The Company also has their Jones Zilch Zero Calorie Sodas and their Jones Pure Cane Sugar Sodas. In addition, they have Jones 24C, an enhanced water beverage and Jones GABA, a functional tea juice blend. Jones Soda Co. also sells various other products online. This includes soda with customized labels, wearables, candy, and other items.

The Company began in 1987 when their Founder and President, Peter van Stolk, recognized the potential of emerging "alternative" products in the beverage industry. The Company started as a distributor in western Canada of successful lines, including Just Pik't Juices, Arizona Iced Tea and Thomas Kemper sodas. By 1994, they were an established full line beverage distributor in western Canada. As of August 1, 2000, Urban Juice and Soda Company Ltd. officially changed their name to Jones Soda Co.

On Tuesday of this week, Reed's Inc. said they signed a letter of intent to buy Jones Soda for approximately $9.8 million in cash and stock. Reed's would give Jones shareholders 0.17 shares of Reed's stock and 10 cents in cash per Jones share they own. This works out to approximately 37 cents per share, based on Reed's closing price Monday of $1.58, for an aggregate price of approximately $9.8 million.

Based in Los Angeles, Reed's Inc. makes Ginger Brews sodas sold at natural food markets and supermarkets. The two companies said the deal would allow them to have a bigger size and scale and cut costs. Reed's and Jones Soda have until April 5 to negotiate a definitive agreement. It would then be subject to companies' shareholder approval.

"After evaluating a range of strategies aimed at improving our outlook, our board of directors determined that the proposed merger with Reed's offers our shareholders the most compelling long-term benefits of the available alternatives," said Jones Chairman Rick Elswirth.

Jones Soda Co. (JSDA) closed Friday's trading session at $0.56 down 0.02 percent. Volume was 282,833.

MannKind Corporation (MNKD)

Yesterday, Greenbackers reported on MannKind Corporation (MNKD), Trading Markets, Hit and Run Candle Sticks, Small Cap Network, Investors Alley, The Tycoon Report, The Stock Advisors did earlier, and we choose to highlight the Company, here at the QualityStocks Daily Newsletter.

MannKind Corporation focuses on the discovery, development and commercialization of therapeutic products for patients with diseases such as diabetes and cancer. MannKind Corporation trades on the NASDAQ Global Market. They have their corporate headquarters in Valencia, California.

The Company's pipeline includes AFREZZA™ (formerly AFRESA®), MKC253, MKC1106-PP, and MKC1106-MT. They have submitted an NDA to the FDA requesting approval of AFREZZA for the treatment of adults with "type 1 or type 2 diabetes" for the control of hyperglycemia. The other three programs are currently in Phase 1 clinical trials.

AFREZZA™, which is ultra rapid-acting insulin, has a pharmacokinetic profile that sets it apart from all other insulin products. AFREZZA particles dissolve upon contact with the lung surface, releasing insulin that rapidly enters the bloodstream. It achieves peak insulin levels within 12-14 minutes of administration. This more closely mimics the natural release of insulin.

AFREZZA uses their proprietary Technosphere® formulation technology, based on a class of organic molecules designed to self-assemble into small particles onto which drug molecules can be loaded. With AFREZZA, the Company loads human insulin onto the Technosphere particles. This technology is not limited to insulin delivery. MannKind Corporation believes it represents a versatile drug delivery platform that may allow pulmonary administration of certain drugs that currently require administration by injection.

The Company is also developing therapies for the treatment of different types of cancer. Their cancer immunotherapy program is advancing to Phase 2 studies in patients with advanced melanoma. MannKind is also conducting preclinical studies of a drug candidate for the treatment of certain malignancies and inflammatory diseases.

Recently, MannKind Corporation announced that James S. Shannon, MD, MRCP (UK) joined the Company's Board of Directors. Dr. Shannon is a recognized pharmaceutical industry leader. He has more than 20 years of experience in senior leadership positions, including serving as Head of Global Development at Novartis Pharma AG in Basel, Switzerland.

MannKind Corporation (MNKD) closed Friday's trading session at $10.48 down 0.19 percent. Volume was 742,038.

Ness Technologies Inc. (NSTC)

Tiny Gems reported earlier on Ness Technologies Inc. (NSTC), and we highlight the Company today, here at the QualityStocks Daily Newsletter.

Ness Technologies, Inc. is a global provider of IT services and solutions. The Company has specialized expertise in software product engineering, system integration, application development and consulting, and software distribution. Ness Technologies Inc. has their U.S. headquarters in Hackensack, New Jersey. They have their Global Headquarters in Tel Aviv, Israel.

Ness Technologies Inc. delivers their portfolio of solutions and services using a global delivery model. This model combines offshore, near-shore and local teams. The Company has approximately 7,800 employees and operations in 18 countries. In addition, they partner with numerous software and hardware vendors globally.

The Ness portfolio of global services includes Software Product Engineering. Ness Software Product Labs(SM) operates dedicated product labs for Independent Software Vendors, high-tech companies and other organizations that build or rely on commercial level software to generate core revenues.

The Company also offers Enterprise Applications & Business Services. They have experience across systems integration, large-scale custom application development, consulting, information architecture design and analysis, and business process services. Ness Technologies, Inc.'s global services also include NessPRO Software Distribution. Ness acts as a value-added distributor for more than 30 leading enterprise software companies in Asia Pacific, Europe and Israel. This enables these companies to extend their business beyond their core markets more efficiently.

This week, Ness Technologies, Inc. announced that they were chosen by Raiffeisenbank a.s. as strategic partner and supplier of a Document Management System (DMS), which will run on the Documentum platform. Raiffeisenbank a.s. is part of Raiffeisen International, a major regional banking group in Central and Eastern Europe. The new contract will result in a multi-million dollar project.

The DMS solution proposed by Ness is based on EMC xCelerated Composition Platform (xCP). It offers a significant cost savings of up to 50 percent in the area of customization. It allows for a flexible response to the business requirements of the banking industry and for modification of user screens according to users' job profiles. The platform also saves costs in the user training area.

Today, Ness Technologies Inc. (NSTC) closed at $6.13 down 2.08 percent. Volume was 114,357.

The QualityStocks Company Corner

Cityside Tickets, Inc. (CIST)

The QualityStocks Daily Newsletter would like to spotlight Cityside Tickets, Inc. (CIST). Today, Cityside Tickets, Inc. closed trading at $0.32, which was up 3.23 percent. Their volume today was 2,373,852 shares.

Cityside Tickets, Inc. (CIST) offers a diverse range of tickets for sale through their website at www.citysidetickets.com. In addition, visitors to the company’s website can use the site to sell tickets they have available. Cityside Tickets’ focus is on offering tickets to quality theatre acts in a variety of cities.

The company offers concert tickets, theatre tickets, and sports tickets to their customers. Currently, Cityside Tickets is offering concert tickets for acts such as Taylor Swift, Bon Jovi, Lady Gaga, and Elton John & Billy Joel, to name a few. For Theatre tickets, the company is offering tickets for Wicked, The Jersey Boys, South Pacific, and Phantom of the Opera, among others.

Cityside Tickets also offers tickets to Major League Baseball, NBA Basketball, NFL Football, and NHL Hockey events. They also offer Monster Jam tickets, National Finals Rodeo tickets, Ultimate Fighting Championship tickets, U.S. Open Tennis Championship tickets, and WWE-World Wrestling Entertainment tickets.

Additionally, Cityside Tickets offers tickets to NASCAR racing events. This includes tickets to the Daytona 500 at Daytona International Speedway as well as the Atlanta Motor Speedway, Darlington Raceway, Indianapolis Motor Speedway, Michigan International Speedway, Pocono Raceway, and Watkins Glen International. This is in addition to a host of other racetrack offerings presented on the company’s web portal. Disclaimer

Cityside Tickets, Inc. Blog

Cityside Tickets, Inc. News:

CitySide Tickets, Inc. to Enter Multibillion-Dollar MMA Industry

AllPennyStocks.com Announces Corporate Write-Up on CitySide Tickets, Inc. (Pink Sheets: CIST)

TicketNews Highlights CitySide Tickets, Inc.'s Growth

Consorteum Holdings, Inc. (CSRH)

The QualityStocks Daily Newsletter would like to spotlight Consorteum Holdings, Inc. (CSRH). Today, Consorteum Holdings, Inc. closed trading at $0.01, for no change. Their volume today was 2,413,000 shares.

Consorteum Holdings, Inc. (CSRH) provided a corporate update today. Consorteum Holdings will now focus on leveraging the previously announced new relationships to provide better value added services to their clients.

Consorteum Holdings, Inc. (CSRH) is focused on providing financial services, electronic transaction processing and management services to financial institutions, healthcare, government, public and private sector companies. The company’s services provide customized, innovative technology solutions that create, augment and enhance their clients’ existing financial, payment and transactional processing systems.  

The company offers clients a long-term strategic plan utilizing the most technically advanced global solutions available today. By working with a multitude of global technologies, Consorteum is able to create exceptionally customized programs. This approach enables unparalleled flexibility when sourcing solutions, resulting in smarter, faster deployment of technologies, competitive pricing, and potential for new revenues. 

Consorteum’s strategy is to capitalize on the global opportunities within the growing financial services, payment and transaction processing marketplace. The utilized business model generates revenues on every transaction touched, thus providing long-term, sustainable income. The company has strategically designed its business initiatives to create significant repetitive transactions on an ongoing basis. Additional company revenues are generated from consulting services, project minimums and management fees. 

The company is jointly led by CEO Craig Fielding and President & COO Quent Rickerby. Mr. Fielding brings a wealth of expertise in the payments industry, in both local and international payment processing, along with HR-specific business management expertise, leadership, customer development and acquisition skills. Mr. Rickerby brings over two decades of business management, international and domestic sales experience, new company start-up, payment processing, project management, business development, negotiations, relationship management and strategic company direction.Disclaimer

Consorteum Holdings, Inc. Blog

Consorteum Holdings, Inc. News:

Consorteum Holdings Inc. Appoints Past Chairman & CEO of McDonald's Japan to Board of Advisors

Consorteum Holdings Inc. Launches International Payroll and Multi-Currency Service

Consorteum Holdings Inc. Signs Contract with UK Based Staffing Company Blue Sea Manning Ltd.

WikiLoan, Inc. (WKLI)

The QualityStocks Daily Newsletter would like to spotlight WikiLoan, Inc. (WKLI). Today, WikiLoan, Inc. closed trading at $0.37, which was up 14.20 percent. Their volume today was 415,852 shares.

WikiLoan, Inc. (WKLI) presented, late yesterday, the history and progress of WikiLoan, Inc. to their shareholders. The complete release can be found at the following link: WikiLoan, Inc. (WKLI) Updates Investment Community with Shareholder Update

WikiLoan, Inc. (WKLI) operates a Social Network with a focus on finance. At WikiLoan.com, family and friends can borrow and lend money among themselves at rates suitable to their respective needs. The website provides repayment schedules and documentation for loans, along with proprietary administrative tools, enabling users to securely pull credit reports and automate the loan repayment process.

Through a simple process, borrowers can create a loan listing between $1,000 and $25,000. They set the rate they are willing to pay for the loan, get their WikiScore, and invite friends in their network to view the listing. Lenders then receive an invitation to view the listing and are provided with the borrower’s WikiScore, debt-to-income ratio, and the loan repayment schedule.

Once the loan is fulfilled, WikiLoan compiles the promissory note and provides it to all involved parties. The company also handles on-going notifications and provides access to online payment systems to ensure a smooth repayment process. Wikiloan generates revenues through fees for documentation, credit score checks and administrative services.

The market opportunity for WikiLoan is significant considering the ongoing financial crisis, bank consolidations and changing consumer behavior with regards to online lending, borrowing and banking. In the midst of current economic conditions, peer-to-peer lending has become one of the fastest growing sectors of the financial services industry and WikiLoan is well positioned to capitalize on its ongoing growth. Disclaimer

WikiLoan, Inc. Blog

WikiLoan, Inc. News:

WikiLoan Shareholder Update

WikiLoan's Card Program Moving Forward

Liberty Analytics Co. Initiates Independent Research Coverage on WikiLoan Inc.

Kraig Biocraft Laboratories, Inc. (KBLB)

The QualityStocks Daily Newsletter would like to spotlight Kraig Biocraft Laboratories, Inc. (KBLB) Today, Kraig Biocraft Laboratories, Inc. closed trading at $0.0132, which was up 20.00 percent from yesterday's close. Their volume today was 355,000 shares.

Kraig Biocraft Laboratories, Inc. (KBLB) a biotechnology company, has their focus on developing high performance polymers and technical fibers. The company is utilizing their proprietary genetic engineering technology to develop and produce polymers and protein-based materials, including Spider silk, which may have numerous commercial and consumer applications.

Kraig Biocraft Laboratories, Inc. (KBLB) is working with university scientists and laboratories to create these new polymers that have potentially broad applications in the multi-billion dollar marketplace for high performance polymers. The company sponsors and collaborates on research projects within university genetic engineering laboratories as a means of utilizing the greatest minds in their field.

Spider Silk is one of the strongest fibers produced in nature. The spider's repelling silk is of particular commercial interest since it is both extremely strong and extremely flexible. Although exciting commercial opportunities exist for the natural polymer, there is no known way to produce the fibers in commercial quantity. KraigLabs, in cooperation with two leading universities, has acquired proprietary genetic engineering technology to unlock the mystery.

CEO Kim Thompson leads the company with formal education in the fields of economics and law. With interest in genetic engineering dating back to the 1970s, Mr. Thompson has invented a pending provisional patent application for a number of organic polymers. This patent application has been assigned to benefit Kraig Biocraft and is a central part of the company's efforts in bringing those inventions to the market. Disclaimer

Kraig Biocraft Laboratories, Inc. Blog

Kraig Biocraft Laboratories Inc. News:

The New Age of Partnerships

Kraig Biocraft Laboratories, Inc. Greatly Exceeds Its Performance Goals

SectorWatch.biz: Paving the Way for Spider Silk

Consorteum Holdings Inc. (CSRH) Updates Investment Community with Corporate Review

Today shortly after the opening bell, Consorteum Holdings, Inc. announced that it will now shift its focus on leveraging the previously announced new relationships to provide better value added services to its clients. These new projects and technology relationships will drive new opportunities and revenues for the company.

With the recent launch of Blue Sea Manning’s new payroll and multi-currency program, Consorteum is now able to offer the cruise ship and private yacht industry a highly cost-effective solution for international payroll and currency settlement. This multi-billion dollar industry is in desperate need to reduce the substantial administrative costs of payment to crews and suppliers globally in any currency. According to the press release, Consorteum is strategically targeting several of the large cruise ship and private yacht owners with this new service.

Earlier this year, the company increased its ownership position in My Golf Rewards. Courses that were part of the pilot program saw a significant increase in revenues, validating the initiative’s ability to increase the business of industry as well as the revenues of Consorteum Holdings Inc. It is anticipated that there will be significant growth of the program as golf course owners look for new and better ways to increase their customer spending by establishing incentives and rewards that will drive increased rounds of golf. The My Golf Rewards sales team is actively pursuing new courses for the program, both in North America and Internationally.

Consorteum Holdings Inc. commented on the contractual relationship with NxSystems, which was solidified through 2009/2010. Working with the company, Consorteum Holdings Inc. will bring new opportunities to market in 2010. Through this new arrangement the company has already started working on four large additional projects leveraging NxSystems’ technology. The details of these new projects are expected to be announced in the immediate future.

First Nations Financial Services and Consorteum Holdings Inc. plan to launch a benefits and payroll card program to its first client in the next 30-60 days. The program will enable members of the band to receive their benefit or payroll funds directly onto a secured, prepaid MasterCard, reducing the need to be issued a manual check. This initial location and subsequent locations will be released over the coming months, along with progress reports.

The company also gave an update on the recent establishment of a Board of Advisors, which will be made up of senior industry and business experts. The first member of the advisory board is retired Chairman and CEO of McDonald’s Japan and Canada. Mr. Donahue brings a proven history of results and a wealth of business experience to assist the management of Consorteum. Additional board members will be announced over the coming months.

Piedmont Natural Gas (PNY) Reports Profit in First Fiscal Quarter

Piedmont Natural Gas reported net income of $113.7 million, or $1.55 per share, for its first fiscal quarter ending 1/31/2010. The company earned $80.9 million, or $1.10 per share, in the same quarter last year.

Piedmont Natural Gas said that its net income for the quarter was artificially boosted by a one-time gain from the sale of a 15% ownership stake in SouthStar Energy Services. The company sold this stake for $57.5 million in early January 2010, and booked a $30.2 million, or $0.41 per share, gain on the sale. Piedmont Natural Gas still retains a 15% stake in SouthStar Energy Services.

Thomas E. Skains, the CEO of Piedmont Natural Gas, said, “In this time of continuing economic challenge, we are very pleased with our performance through the first quarter of the year. We continue to experience customer growth even as new construction activity remains constrained in the current market environment. We remain focused on our plan of improving our business processes, providing excellent customer service, exploring new growth opportunities in an ever-changing energy environment, and delivering long-term shareholder value.”

Piedmont Natural Gas also increased its dividend payout to shareholders for the 32nd consecutive year. The company will pay out $0.28 per share on April 15 to shareholders of record on March 25.

Piedmont Natural Gas is a distributor of natural gas to one million utility customers in North Carolina, South Carolina and Tennessee. The company serves residential, commercial and industrial customers.

Li3 Energy Inc. (LIEG.OB) Acquires 100% of Next Lithium Assets as Part of Aggressive Exploration Strategy

Li3 Energy Inc. is focused on developing a business strategy in the lithium brine mining and energy sectors. In accordance with its business strategy, Li3 Energy has acquired the assets of Next Lithium Corp., a move that Li3 Energy said it believes will help position the company as one of the largest holders of prospective lithium acreages in the world.
Per the agreement, Li3 Energy owns a 100 percent stake in 170,000 acres of a “strategically located” property prospective for lithium brine in Big Smoky Valley near Tonopah, Nevada.

Li3 Energy said the property is geologically similar to the Clayton Valley, one of the world’s leading lithium hydroxide providers, and the only lithium producing mine in the U.S.

According to Luis Saenz, president and CEO of Li3 Energy, the acquisition provides several opportunities for the company.

“We are pleased that the acquisition closed as planned and to the mutual satisfaction of all concerned. We are increasingly excited by the heightened prospects before us with this new acquisition. We now control the largest potential lithium brine land position near to the Silver Peak Mine and are confident this asset will prove to have significant value. We have begun the requisite permitting process working with the Nevada Bureau of Mines and local authorities so as to commence our planned exploration program. The opportunity to develop a new major lithium resource within the United States comes during a period of highly favorable conditions in light of the recent significance the government has placed on the domestic production of lithium,” Saenz stated.

Li3 Energy’s exploration strategy includes surface sampling, regional and detailed seismic surveys, diamond drilling and pumping tests. The company expects the program to cost about $1.5 million and anticipates completion by the end of 2010.

American Jianye Greentech Holdings, Inc. (AJGH) Expands Into NE China with New Clean Fuels Production Facility

American Jianye Greentech Holdings, Inc., a growing alcohol-based alternative fuels developer in the People’s Republic of China that proudly boasts of its product’s low cost and environmentally sound profile, announced today that the Company’s wholly owned operating firm, Heilongjiang New Clean Fuels Co., Ltd, has opened offices and completed construction on a new clean fuel plant in the North Industrial Area of Liaoning Province, Tieling City.

As the maker of clean, alcohol-based fuels which are an 85/15 mix of alcohol and gasoline/diesel respectively, Heilongjiang New Clean Fuels emphasizes the clean-burning rate and high-heat output of its product, which has been awarded a national Chinese patent. The Company is also a proud recipient of acknowledgement by the State Development and Reform Commission for its proprietary fuel blending technology.

The AJGH facility within the sprawling, 38 sq. km. Tieling Industry Zone is an 80k sq. meter lot with a 4k sq. meter section for a vehicle conversion and restructuring factory, and a 10k sq. meter lot for blending/producing automobile/civil-use clean fuel that has a projected annual capacity of 200,000 tons, which should fetch the Company $100 net per ton.

Company President Mr. Haipeng Wang noted the prosperity of this site, where the Company’s exceptional and diverse product line could be readily manufactured for easy distribution into “central, eastern and southern China markets through the Yingkou and Qinhuangdao Ports”.
Mr. Haipeng Wang affirmed the Company’s commitment to grow the business in the immediate future through an expansion of its “scope and scale to include other diversified and specialized products”.

With the growing dominance of alcohol-based fuels sweeping across China’s huge market, demand for the Company’s products are at an unprecedented level, and demand worldwide for this clean-burning and multi-purpose commodity is accelerating at an alarming rate, causing many analysts to raise concerns about a lack of production capacity.


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