News / Business
QualityStocks.net "Top Movers and Shakers" for 10/2/2007
Genesis Technology Group, Inc. (GTEC) shares surged today on news of a reverse merger with the owners of Laiyang Jiangbo Pharmaceuticals Co., Ltd., which is located in a coastal city in Shandong Province. As a part of the merger due diligence process LJPC underwent an audit, which confirmed the company’s total revenue of $76,000,000; net income of $22,000,000; total assets of $55,000,000; and cash on hand of $17,000,000. The audit also found that LJPC saw revenue increases of 187% over the previous two years, and net income has risen by an average of 748% over the same period. Genesis also confirmed in August that the two new building projects have been started by Gold Horse International, in Western China have totaled nearly $10 million and should yield profits of about $1,750,000, according to management. Genesis maintains an active role in Gold Horse's management and business activities
Xinyinhai Technology, Ltd. (XNYH) recently announced that it has entered into a letter of intent with the Administrative Committee of Harbin Songbei District. The deal allows Xinyinhai's operating subsidiary a 70 year right to use approximately 30,000 square meters of land in the Harbin Songbei High & New Technology Industry Zone. Xinyinhai plans to build a $6.6 million construction project, to include office buildings, a factory and new printing equipment, which will double its output of 30 million magnetic bank deposit books, 10 million bank receipt books and 10,000 cases of computer certificates.
China Architectural Engineering, Inc. (RCH) shares surged less than a week after announcing that its common stock was approved for listing on the American Stock Exchange under the symbol (RCH). The new listing gives the company greater visibility as well as an opportunity for investors looking to invest on the increased popularity of Chinese based companies. China Architectural Engineering, Inc. will register approximately 3.9 million shares held by existing shareholders, and will offer is offering 737,000 shares on the open market.
SoftNet Technology Corp. (STTC) announced last month that the company expects to enter its7th consecutive quarter of increased revenues, and the company expects revenues to be near or exceed $2.4 million, which will exceed last year’s revenue levels by nearly 50%. The company announced yesterday that it has secured a new services agreement from a European based Network Management Company, for service to be supplied in the U.S., with extensive contracts in the lucrative government sector.
PhoneBrasil International, Inc. (PHBR) shares have climbed steadily this month as the company continues to announce positive news, including a $60 million joint venture with AMITELO AG and a 5 year contract with the Government of Colombia. PhoneBrasil also announced that they have signed, and executed an agreement with CityNet Wireless (Tacora Inc.) announcing that both parties have now finalized and dually signed, an agreement for the first large-scale WiFi/Wimax Platform in Brazil. The new WiFi/Wimax network will cover most major metropolitan cities in Brazil, and will give new subscribers, and already existing PhoneBrasil customers WiFi service availability from anywhere in the Network.
Digital Learning Management Corporation (DGTL) previously at $0.122 up 18% at $0.144 with 779,738 shares traded. (DGTL) was highlighted today by Hot Stock Chat. Digital Learning Management Corporation specializes in providing learning based environments, which are accessed via web browsers, for use in online examinations and online student teacher collaboration. The company’s products include CourseMate, a product for instructors, eLearning professionals, and subject matter experts to convert real world, classroom content into online learning content. The company provides training, implementation, installation, and consulting services for all of its products.
Pure H2O, Inc. (PURH) announced that they have begun finalizing the distribution agreement for the H2Pur and Nano-Air in India. The company stated it is in the process of securing possible distributors, which can best represent its products. Pure H2O, Inc. shares were also boosted on the announcement Pure's plans to market a North American residential under-sink water treatment unit, as well as the development of a comprehensive Installation, Service and Warranty (ISW) Division.
Cardiac Network Inc. (CNWI) was highlighted today Bull in Advantage Street Insider, Stealth Stocks Online, Investor Spec Sheet, Boon Market,Willy Wizard, Boon Market, StockEgg.com, HotOTC.com, Bull in Advantage, Street Insider, OTC Picks, Investment House, GMCR, Chart Advisors, Bull in Advantage, Investor Guide, Investment House, Knobias and QualityStocks.net Press. Cardiac Network Inc. shares have surged over the last two months, helped by the announcement they have partnered with Tierra Technologies to provide the IT Infrastructure for its state-of-the-art Patient Monitoring Center in San Francisco and its HeartLine Monitoring Service.
QualityStocks.net would like to welcome our newest client nCoat, Inc. As "One to Watch" (NCOA). nCoat, Inc. announced today that CEO, Paul S. Clayson would be featured in an audio interview on Market News First with MN1's Andrew Coffey . In the interview provides insights into, the nanotechnology market, as well as updates on recent efforts by the Company related to its nanotechnology coating products. nCoat, Inc. through its operating subsidiary, High Performance Coatings (HPC) has announced a number of new customers including a relationship with SoCal Diesel in Valencia, California, which specializes in Duramax diesel performance components. The second is a strategic relationship for coating multiple exhaust and engine parts offered through ArrowLane, LLC of Scottsdale, Arizona.
QualityStocks.net would like to highlight our client VirTra Systems, Inc. (VTSI) as "One To Watch". (VTSI) closed today at $0.019 on increased volume with 464,450 shares traded. VirTra Systems, Inc. announced today that the Company has launched its new mobile live-fire small arms training simulation trailer product. The mobile live-fire trailer costs between $250,000 and $500,000 depending on the features. The company plans to market the Live-Fire trailer to both military and law enforcement agencies.
QualityStocks.net would like to highlight our newest client Prom Resources, Inc. (PRMO) "As One To Watch". The stock closed today at $0.04 with 400,571 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.
QualityStocks.net would like to highlight one of our newest clients, Perfect Web Technologies, Inc. (PWBI) "One To Watch". The stock closed today at $0.08 with 50,000 shares traded (PWBI) is a favorite of The Green Baron and was also highlighted by Wise Alerts, and The Knobias Clip Report. Perfect Web Technologies, Inc. today announced through it's subsidiary The Perfect Web, Inc. has agreed in principle to acquire Digital Communications, Inc., which through 4 master contracts have booked over $12 million in sales, with each of these master contracts having the potential for over 100 million in gross revenue.
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