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board marks growing rapidly here
Looks like the troops are coming out on this one
Navajo Receives First Wind Turbines for China Lao Gaixian Wind Project
ATLANTA, GA -- (Marketwire) -- 11/05/09 -- Navajo Wind Energy Corp. (the "Company" and formerly Caliber Energy Inc.) (PINKSHEETS: CLBN) announces today that it has taken delivery of 10 of the 53 wind turbines per the manufacturing supply agreement with China Lao Gaixian Wind L.P., represented by PCA Wind Power OA Inc., for its 120.80 MW wind farm project in Liaoning Province, China (the "China Lao Gaixian Project").
The Agreement includes provisions for supplying the China Lao Gaixian Project with 53 complete wind turbines, as well as testing and commissioning services. The Agreement also provides for operations and maintenance services to be provided to China Lao Gaixian Wind L.P. over a two-year period. This agreement is anticipated to result in approximately US$65 million in revenue over its duration.
About Navajo Wind Energy
Navajo Wind Energy Corp. is a renewable energy company focused on the development of more than 500 megawatts of clean wind energy to drive its future revenues and growth. The Company is pursuing significant opportunities to provide clean wind power to the growing demand in China.
With the key acquisition of wind farm and power trading company Guangzhou Jianianxiang Co. Ltd, Navajo will become one of only a few companies licensed to trade electrical power in and outside of China.
Contact:
Navajo Wind Energy Corp.
Investor Relations
Peter Wong
800-598-2034, ext. 109
Which there was a press release from March that stated they planned to do so...
Company needs to file for current status with pinksheets.com
NXTI should make for an interesting week
jimmybob what up fool glad to see you over here
NXTI should be in play tomorrow
Don't miss NXTI tomorrow.
yup...somewhere in the neighborhood of 4 million shares purchased by institutions...rare to find institutional buying in a bulletin board company...
Um, correction, they actually turned to profitability in Q3 of this year...keep digging and you'll uncover what's really going on with this company...
look for heavy volume tomorrow
Hey Klon...nice to see you on board here
iBox needs to be updated
that means that the $.0968 gap is filled on the chart
looks like it was actually a duplicate press release
Someone apparently got 2K shares at $.075...lucky
Link to most recent 10-Q Filing:
http://www.pinksheets.com/otciq/ajax/showFinancialReportById.pdf?id=26210
Dragon Capital Group Corp. Reports Record Financial Results for the First Nine Months of 2009
5:27p ET November 19, 2009 (Market Wire)
Dragon Capital Group Corp. (PINKSHEETS: DRGV), a leading holding company of emerging high-tech companies in China, announced today the company's financial results for the third quarter ended September 30, 2009.
Financial Highlights:
Revenue for the third quarter ended September 30, 2009 was $14.2 million, a 24.56% increase over the $11.4 million recorded in the third quarter of 2008. Cost of sales for the third quarter of 2009 were $13.3 million compared to $10.6 million in the third quarter of 2008. Net income from continuing operations for the third quarter of 2009 was $356,187, slight decrease from the $383,126 recorded in the third quarter of 2008. Net income in the third quarter of 2009 was approximately $291,000, slight decrease from approximately $310,000 for the third quarter of 2008. The decrease in net income was largely attributable to the Company's efforts to increase sales and market share through an aggressive pricing strategy in a very difficult market environment.
Nine-Month Financial Results
Revenue for the first nine months of 2009 reached record $41.1 million, a 20% increase from the $33.7 million recorded in the first nine months of 2008. For the first nine months of 2009, net income from continuing operations was $799,553 down from $1.11 million in the first nine months of 2008, mainly a result of reduced margins of its main technological product sales.
Mr. Lawrence Wang, CEO of Dragon Capital Group, stated, "As we are emerging away from a very challenging sales environment, Dragon has made a strong effort to increase sales volume and market share through aggressive pricing. Our dedication to this strategy has enabled Dragon to post record sales while remaining profitable for the quarter and the first nine months of the year. We are confident that these gains in market share will result in a significant expansion in our top and bottom line performance as the economy continues to improve in the coming quarters and margins return to normalized levels. We are confident that China's high-tech industry will provide a significant growth opportunity for Dragon as we continue to seek to grow internally and through opportunistic acquisition of complimentary high tech operations for the benefit of our shareholders."
You still holding?
Link to most recent 10-Q Filing:
http://www.pinksheets.com/edgar/GetFilingHtml?FilingID=6909227
Dec 03, 2009 08:00 ETChina Armco Metals Completes Delivery of Iron Ore for Contract Valued at Approximately $13.2 Million
SAN MATEO, CA--(Marketwire - December 3, 2009) - China Armco Metals, Inc. (OTCBB: CNAM), a distributor of imported metal ore with plans to launch a new state of the art scrap metal recycling facility in China, today announced that Armco & Metawise, Ltd., the Company's wholly owned subsidiary, has completed delivery of iron ore to a China-based steel company pursuant to a contract that will generate sales of approximately $13.2 million in the fourth quarter of 2009.
Commenting on the contract, Mr. Kexuan Yao, CEO and Chairman of China Armco Metals, Inc., stated, "We are pleased to complete the delivery of iron ore for this contract as we strengthen our sales efforts in the China steel industry in the fourth quarter. We look forward to building on our relationship with this and other steel customers in the coming quarters as we continue to see strong momentum heading into 2010."
About China Armco Metals, Inc.
China Armco Metals, Inc. is engaged in the sale and distribution of metal ore and non-ferrous metals throughout the PRC and has entered the recycling business with the Company's acquisition of 22 acres of land for the construction and operation of a one million ton per year shredder and recycler of metals. The Company maintains customers throughout China which include the fastest growing steel producing mills and foundries in the PRC. Raw materials are supplied from global suppliers in India, Hong Kong, Nigeria, Brazil, Turkey, the Philippines and Libya. The Company's product lines include ferrous and non-ferrous ore; iron ore, chrome ore, nickel ore, copper ore, manganese ore and steel billet. Upon completion and testing of its new facility late in the fourth quarter of 2009, China Armco Metals expects to launch operations in its steel recycling and scrap metal recycling business early in 2010. The recycling facility is expected to be capable of recycling one million metric tons of scrap metal per year which will position the Company as one of the top 10 largest recyclers of scrap metal in China. ARMCO estimates the recycled metal market as 70 million metric tons.
Safe Harbor Statement
This press release contains forward-looking statements. China Armco Metals, Inc. is hereby providing cautionary statements identifying important factors that could cause our actual results to differ materially from those projected in forward-looking statements. Any statements that are not historical facts and that express, or involve discussions as to, expectations, beliefs, plans, objectives, assumptions or future events or performance (often, but not always, indicated through the use of words or phrases such as "will likely result," "are expected to," "will continue," "is anticipated," "estimated," "intends," "plans," "believes" and "projects") may be forward-looking and may involve estimates and uncertainties which could cause actual results to differ materially from those expressed in the forward-looking statements. These statements include, but are not limited to, our guidance and expectations regarding revenues, net income and earnings.
We caution that the factors described herein could cause actual results to differ materially from those expressed in any forward-looking statements we make and that investors should not place undue reliance on any such forward-looking statements. Further, any forward-looking statement speaks only as of the date on which such statement is made, and we undertake no obligation to update any forward-looking statement to reflect events or circumstances after the date on which such statement is made or to reflect the occurrence of anticipated or unanticipated events or circumstances. New factors emerge from time to time, and it is not possible for us to predict all of such factors. Further, we cannot assess the impact of each such factor on our results of operations or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements. This press release is qualified in its entirety by the cautionary statements and risk factor disclosure contained in our Securities and Exchange Commission filings, including our Annual Report on Form 10-K for the fiscal year ended December 31, 2008.
Contact:
China Armco Metals, Inc.
Gary Liu
U.S. Representative
954-363-7333
ir@armcometals.com
SPMI looking to add the dip here
NXTI looks like something is brewing
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iBox updated
SPMI...had a very nice convo with the CEO today. Rich Parlontieri is on the ball. I'm very confident with the management here.
Had a very nice conversation with Rich Parlontieri, CEO of SPMI today. This guy is on the ball. Period.
nice consolidation here after a very healthy day yesterday...not much left under $.40 according to 10 Bagger
actually...make that $.2458 x $.2758
$.2458 x $.2558 you're not dreaming...still early here...this should be a $1-$2 stock
SPMI making new highs here daily
SPMI...look at the balance sheet and you will see how undervalued they truly are
$.2128 x $.2488 /e
SPMI has been on a steady climb...looking for $.30's today