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San West Inc. (OTCBB: SNWT) $0.21. Announced on Tuesday that that Buggy World has broadened its current Buggy Giveaway contest to include a Weekly Giveaway in addition to the Grand Prize Buggy Giveaway and 10 contest qualifiers.
Bryan Britton, Vice President of San West Inc. and General Manager of Buggy World, said this morning on the announcement, "This last week, Buggy World's booth in the Imperial Sand Dunes was a huge hit. We had thousands of visitors to the booth, which featured some of our top-selling buggies, information on our store in Santee, California and contest registration forms for the Buggy Giveaway. Needless to say, we could not be more pleased with how productive the Vendors Row location was for us."
What They Do: San West designs, manufactures, sells and repairs off-road buggies, and additionally provides aftermarket performance products and accessories for off-road buggies. Products are sold via three divisions: at retail store locations, via the online store and through its growing dealer network.
Capital Gold Corporation (OTCBB: CGLD) $1.06. Today announced drilling results of its early stage exploration campaign including excerpts from its recent drilling work on its Saric properties located in Northern Sonora, Mexico.
"We are pleased with the initial exploration efforts at our Saric properties having intersected gold and silver mineralization from many of the recent drill holes targeted at identifying a potential bulk tonnage gold mineralized zone," John Brownlie, President and Chief Operating Officer of Capital Gold said.
Initial exploration work conducted from April 2008 to the present consisted of geological mapping, systematic geochemical rock and soil sampling, geophysical surveys and open trench sampling, the results of which were positive in identifying mineralized anomalies. In addition to this preliminary surface exploration work, 73 reverse circulation drill holes totaling 6,121 meters have been drilled by Layne de Mexico of Hermosillo on the property, and more recently a one meter interval topographic survey was also undertaken over the concession area.
What They Do: Capital Gold Corporation is a gold production and exploration company. Through its Mexican subsidiaries and affiliates, it owns 100% of the "El Chanate" gold mine located near the town of Caborca in Sonora, Mexico.
Bark Group Inc.(OTCBB BKPG) $0.60. Today announced that its primary subsidiary Bark Copenhagen expects to report positive net income for the Fiscal Year ending December 31, 2009. The announcement is based on greater-than-expected income due to a surge in new clients in the current quarter.
Anders Hageskov, CEO of Bark Group, stated, "We are, of course, very pleased with these results for Bark Copenhagen. It seems that our integrated media, Internet and advertising strategy is appealing to the market in Denmark and Europe, and the response has moved our subsidiary quickly into the black. We anticipate similar success with the American market as we finalize negotiations with US companies early next year in our new offices, which we opened last month on Madison Avenue in New York City."
What They Do: Bark Group Inc. is an award-winning, multi-national European company that delivers cutting-edge advertising and marketing campaigns to leading European businesses.
General Environmental Management (OTCBB: GEVI) $0.34, Today announced that it has filed its 10Q Report for the quarter ended September 30, 2009.
According to Tim Koziol, GEM Chief Executive Officer, GEM has taken major actions to eliminate debt, improve GEM's balance sheet and free up resources to focus on new, profitable markets. Those actions include: 1) the sale of GEM Mobile Treatment Services, Inc.; 2) the acquisition of Santa Clara Waste Water Company (SCWW), a profitable, 50-year-old wastewater treatment business; and, most recently 3) the execution of a definitive agreement to sell the field services business unit for $14 million in cash plus the assumption of $1.1 million of long-term lease obligations. The net cash proceeds from the transaction will be used by GEM to retire senior debt and to pursue its strategy in the water treatment and waste-to-energy markets. Total reduction in indebtedness to GEM’s senior lender could amount to more than $9 million.
What They Do: General Environmental Management is a full-service hazardous waste management and environmental services firm providing integrated environmental solutions managed through its proprietary web-based enterprise software.
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