Hollund Industrial Marine, Inc. (PINK:HIMR) reached up 44.44% in morning trading to $.0013 with 39M shares traded. Headquartered in Blaine, WA, Hollund Industrial Marine Inc. seeks to align the interests of businesses, communities, utilities and governments by offering an integrated business model for underwater forest management. Hollund's model – including resource and needs assessment, permitting, environmental and project planning, logging, milling, product branding and sales adds value for their shareholders, their partners and reservoir based communities. Hollund Industrial Marine, Inc. (HIMR) announced yesterday that the Company is preparing to host its first shareholder conference call; targeting Friday, September 28th, 2012 as the scheduled date for management to communicate directly with its international shareholder base.
Mer Telemanagement Solutions Ltd. (Nasdaq:MTSL) reached up 67.50% in morning trading to $2.68 with 450K shares traded. Mer Telemanagement Solutions Ltd. (MTS) is a worldwide provider of innovative products and services for comprehensive telecom expense management (TEM) and enterprise mobility management (EMM) solutions, telecom billing solutions used by telecommunication service providers and mobile virtual network operators and enablers (MVNO/MVNE) solutions used by mobile service providers. Mer Telemanagement Solutions Ltd. (MTSL) yesterday announced its financial results for the second quarter of 2012. Revenues for the second quarter of 2012 were $3.3 million, compared with $3.0 million in revenues during the same quarter last year and revenues of $3.0 million in the first quarter of 2012.
China Hydroelectric Corporation (NYSE: CHC, CHCWS) reached up 16.32% in morning trading to $1.1.1399 with 140K shares traded. China Hydroelectric Corporation is an owner and operator of small hydroelectric power projects in the People's Republic of China. Through its geographically diverse portfolio of operating assets, the Company generates and sells electric power to local power grids. Led by an international management team, the Company's primary business is to identify, evaluate, acquire, develop, construct and finance hydroelectric power projects. The Company currently owns 26 operating hydropower stations in China with total installed capacity of 547.8 MW, of which it acquired 22 operating stations and constructed four. These hydroelectric power projects are located in four provinces: Zhejiang, Fujian, Yunnan and Sichuan. China Hydroelectric Corporation (NYSE: CHC, CHCWS) yesterday announced its financial results for the three and six months ended June 30, 2012. Q2 2012 revenue of $33.9 million increased 72% year-over-year; Adjusted EBITDA increased by 82% year-over-year to $24.9 million; GAAP net income for the second quarter and year to date of $7.7 million and $8.5 million, respectively, vs. $1.4 million and $7.0 million loss in the comparable prior year periods; Fujian and Zhejiang precipitation for the quarter and year to date exceeded average levels; Yunnan has continued to experience less than average precipitation
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