Speak with other shareholders about: (Pink Sheets: BBCZ), (Pink Sheets: RRGI), and (OTCBB: CYDF) .
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Bodisen Biotech, Inc. (Pink Sheets: BBCZ) (Fri, September 28, 2007, 7:00am EDT) Bodisen Biotech, Inc. (the ''Company'') (website: http://www.bodisen.com) today announces its interim results for the six month period ended June 30, 2007.
Financial highlights
* Revenues for the six months to June of $8.18m down from $26.9m for the same period of 2006 - impacted by the negative impact on the Company's reputation following its delisting from the American Stock Exchange and the severe Springtime weather in Shaanxi province
* Gross profit of $3.51m down from $10.6m in 2006, but gross margins increased to 42% up from 39.6% due to product mix
* Net income for the second quarter to June 2007 was $2.61m after the net loss incurred in the First Quarter of ($1.51m), giving net income for the six months of $1.1m
* Cash position remains strong with $6.47m as of June 30, 2007 Outlook
Chen Bo, Chairman, commented:
''This has been a difficult year for the Company with the impact of the abnormally cold spring time in Shaanxi and the massive flooding we experienced in August, together with the impact of the AMEX de-listing. However, the business continues to trade profitably and we have a strong balance sheet. The organic fertilizer market in
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Reality Racing, Inc. (Pink Sheets: RRGI) (Fri, September 28, 2007, 9:31am EDT) Reality Racing, Inc. announced today that a group of investors led by Sandler Communications, Inc., have agreed to purchase 61,000,000 shares of its restricted stock, giving the Sandler Group a majority position in the company. In addition to the share purchase agreement, Sandler has successfully negotiated for the extension, reduction and modification of several long-standing Company debts, totaling approximately $1,250,000.
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Cyber Defense Systems, Inc. (OTCBB: CYDF) (Fri, September 28, 2007, 8:00am EDT) Cyber Defense Systems, Inc., a designer and developer of next generation unmanned aerial vehicles (UAVs), and its wholly owned subsidiary Techsphere Systems International, Inc. (TSI), a designer, developer and manufacturer of manned and unmanned airships, announced today that it will build two new Mid Altitude "BULLET" Airships.
Under the exclusive global technology license with 21st Century Airships, Techsphere will begin manufacturing two "BULLET" airships designed for altitudes of 20,000 and 40,000 feet capability with a minimum of 48 hours flight duration with estimated speeds up to 60 knots with a manned or unmanned configuration. Recent wind tunnel tests by 21st Century confirmed the design and speed estimates.
The initial test flights were exceptional utilizing a fly by wire thrust vectoring capability. "Just imagine being able to fly straight up and down, turn on its axis, and fly sideways with an easy touch of a joystick," stated Hokan Colting of 21st Century.
The airship tested is approximately 120 feet long, cylinder shaped with two distinct pointed end caps with four engines mounted port and starboard in the fore and aft positions on the cylinder structure.
Techsphere will be utilizing the majority of the patented technologies from the spherical technology with the new "BULLET" version for Mid Altitudes. "The SA-60 spherical airships will continue to be our bread and butter for the 0 to 10,000 feet altitude capability. We are addressing the higher winds between 10,000 feet to 40,000 feet altitudes with a new shape for drag reduction, longer duration of flight, higher speeds with the maneuverability characteristics of the 'Sphere' technology," stated Mike Lawson, CEO of Techsphere.
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