UFood Restaurant Group, Inc. (OTCBB: UFFC) reached up 18.18% in morning trading to $.13 with 150K shares traded. UFood Restaurant Group, Inc. is a franchisor and operator of fast-casual food service restaurants. UFood Grill offers a healthy lifestyle alternative to consumers in the fast-casual restaurant space and is positioned to become a leading player in the "better-for-you" quick-serve restaurant category. The Company is led by franchise innovator George Naddaff, who founded Boston Market and led the franchising of several companies including Sylvan Learning Center and VR Business Brokers. Mr. Naddaff has assembled a veteran management team with a successful record in the franchise market. UFood is currently launching a growth plan to franchise nationwide. UFood Restaurant Group, Inc. (OTC.BB: UFFC.OB - News) announced Monday that the company has reduced sodium by 20 percent in all of its breaded chicken menu items as part of the company's core focus on continuing to offer customers at its urban, airport, hospital and military base locations food that is nutritionally sound and great tasting. These menu items include the Crispy Chicken Chopped Cobb Salad, Chicken Parmigiana Wrap and the kids' Oven Crisped Chicken Fingers Meal. All of UFood's breaded chicken items are baked, not fried.
ZST Digital Networks, Inc. (NASDAQ: ZSTN) reached up 18.10% in morning trading to $2.48 with 600K shares traded. ZST Digital Networks, Inc. is a China-based company, principally engaged in (1) supplying digital and optical network equipment and providing installation services to cable system operators in China and (2) providing GPS location and tracking services to local logistics and transportation companies in China. The Company has developed a line of IPTV devices that are used to provide bundled cable television, Internet and telephone services to residential and commercial customers. The Company has assisted in the installation and construction of over 400 local cable networks in more than 90 municipal districts, counties, townships, and enterprises. The Company has also launched a commercial line of vehicle tracking devices utilizing our GPS tracking technologies and support services for transport-related enterprises to track, monitor and optimize their businesses. ZST Digital Networks, Inc. (NASDAQ: ZSTN) today announced its financial results for the third quarter ended September 30, 2011. Third Quarter 2011 (unaudited) Financial Highlights • Total revenue was US$50.2 million, an increase of 30% compared to the third quarter of 2010. • Gross profit for the third quarter 2011 was US$12.8 million, an increase of 28% compared to the third quarter 2010. • Gross profit margin for the third quarter 2011 was 26%, which was the same for the third quarter of 2010. • Operating income for the third quarter 2011 was US$11.2 million, an increase of 27% compared to the third quarter of 2010. • Net income for the third quarter 2011 was US$8.2 million, an increase of 28% compared to the third quarter of 2010. • Net income margin for the third quarter of 2011 was 16.4%, compared to 16.6% for the third quarter of 2010.
eLandia International Inc. (OTCBB:ELAN) reached up 180% in morning trading to $.28 with 350K shares traded. eLandia, and its family of companies deliver an array of information and communications technology services to emerging markets experiencing rapid development, predominantly focusing on Latin America, the Caribbean and the South Pacific. eLandia assists its customers in implementing world-class integrated infrastructure solutions and cutting-edge networking technologies, and building highly-qualified local workforces to enable their businesses to transform and integrate into the global economy. eLandia International Inc. (OTCBB:ELAN.ob - News) yesterday evening announced that a special committee of its board of directors has received and approved a formal proposal from Amper, S.A., the holder of 85% of eLandia’s common stock, to take eLandia private.
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