News / Business
QualityStocks.net "Top Movers and Shakers" for 9/28/2007
Silverstar Holdings Ltd. (SSTR) shares surged today after the company announced a fiscal fourth-quarter profit of 2.6 million versus net losses of $867,717, during the same quarter a year ago. Revenue grew to $12 million in the quarter, compared with $467,295 during the same quarter in 2006. The company stated that the boost was due in part to its "late-2006 acquisition of Empire Interactive PLC and the release of the Xbox 360 video game "FlatOut Ultimate Carnage." The European version of the critically acclaimed game, FlatOut Ultimate Carnage for the Xbox 360, continues to place in the Top 10 Chart Track standings for the seventh consecutive week.
Prom Resources, Inc. (PRMO) previously at $0.033 up 57% at $0.052 with 703,179 shares traded. (PRMO) hit a number of radars recently including Wall Street Savant, HotOTC.com, Inside Move, OTC Picks, Stock Stars, StockEgg.com, and Shazam Stocks. Prom Resources, Inc. recently announced the opening of its new office located in the Capital Antananarivo, giving management efficient access to mine its site locations and will facilitate resourceful and rapid transfer of mine site shipments overseas.
China Clean Energy Inc. (CCGY) shares were boosted today by Lebed.biz endorsement which he gave "CCGY a speculative rating of 1, the highest level of confidence." The company announced in July that the start of production of new biodiesel fuel plant with a land area of 112,744 square meters, with total investment cost estimated at $15.0 million, including land usage rights, equipment acquisition and installation costs as well as working capital. The first phase of construction will add 50,000 metric tons per year of biodiesel fuel production capacity and is expected to come on line before the second half of 2008, while the second phase will increase capacity to 100,000 metric tons per year with expected completion in the first half of 2009.
Spicy Pickle (SPKL) this week announced that the company completed its own self underwritten Initial Public Offering, by selling 4,352,780 shares of its common stock, priced at $.40, for gross proceeds of $1,741,112. Yesterday the company announced it has signed its first franchisee in the state of
3Com Corp. (COMS) shares surged today on news of a $2.2 billion buyout by Bain Capital Partners, which is scheduled to close in the first quarter of 2008. Shareholders will receive $5.30 in cash for each share of 3Com stock. By going private, 3Com also hopes to free itself from markets' short-term financial expectations, Edgar Masri, president and chief executive of the Marlborough, Mass.-based company, told analysts in a conference call.
Yesterday, and Recently, QualityStocks.net highlighted Spongetech Delivery Systems, Inc. (SPNG) at $0.06 up 33% at $0.08 with 1,911,942 shares traded. (SPNG) was highlighted today by OTC Picks. Spongetech Delivery Systems unveiled its new free-standing retail point of sale (POS) display unit for their SpongeTech Car Care Delivery System Products for the upcoming holiday season. The POS displays sell for $240.00 each, and includes 24 individual SpongeTech Car Care Delivery system products, 12 for the display and 12 as display restocking units.
Silver Dragon Resources Inc. (SDRG) announced the signing of a Memorandum of Understanding (``MOU'') between the
Renhuang Pharmaceuticals, Inc. (RHGP) announced the filing of its quarterly report 10Q on September 19, 2007 and reported its results for the third quarter and nine months ending July 31, 2007. The company announced that its year-to-date total net income was up 175% from 3.08 million to $8.46 million. Renhuang Pharmaceuticals, Inc. also announced that the company has completed the transaction to acquire the Qingyang Herbal Extracting Factory from Yerui Pharmaceutical Co. Ltd. The acquired facility is capable of processing approximately 18,000 tons of herbal raw materials into extracts, doubling the Company's current herbal extraction capacity.
Power Play Development Corporation (PWPY) gave investors some exciting news today announcing the public release of its free online game community Victory Lane Players Club, LLC, which will utlize Power Play's newly developed CUPID2.0 game platform. The new site will cater to racing and gaming fans allowing them play in online games and win prizes, trips, memorabilia, tickets and more. The site will give racing fans their dream chance to race online against their favorite racecar drivers including Dale Earnhardt, Jr., Tony Stewart, Dale Jarrett, Kasey Kahne, Elliott Sadler and Jamie McMurray.
Amerex Group, Inc (AEXG) announced the completion of its year-long sbestos abatement activities on their 153 acre industrial site in
VirTra Systems, Inc. (VTSI) was highlighted as "One To Watch" (VTSI) previously at $0.023 up 4% at $0.024 on increased with 112,500shares traded. VirTra Systems, Inc. announced the receipt of a 24-system tender from the Department of Homeland Security with an initial ten-system order scheduled for immediate shipment. The order also included weapon training-conversion kits, and other accessories, bringing the total order to nearly one million dollars.
Cord Blood America, Inc. (CBAI) announced the companies third acquisition. The company announced that it has acquired the assets of CureSource, Inc., a private umbilical cord blood storage company headquartered in
About QualityStocks
QualityStocks.net, based in
To sign up for “The QualityStocks Daily Newsletter” please visit www.QualityStocks.net
The Quality Stocks Daily Video in High Definition http://Video.QualityStocks.net
The Quality Stocks Daily Blogs http://Blog.QualityStocks.net
The Quality Stocks Daily Message Boards http://MessageBoards.QualityStocks.net
“Please see the disclaimers on the QualityStocks.net website”
