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I usually have a lot to say. I just know when to keep it to myself.
lady*b
I usually have a lot to say. I just know when to keep it to myself.
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I usually have a lot to say. I just know when to keep it to myself.
LCRD: 11.15 LCRD LaserCard Gets $4.3M Order for ID Cards
Monday July 9, 8:06 am ET
LaserCard Receives $4.3 Million Order From Middle Eastern Country for ID Cards
Shares Outstanding6: 11.88M
Float: 11.07M
MOUNTAIN VIEW, Calif. (AP) -- LaserCard Corp., which sells identification technology to governments, said Monday it received a $4.3 million purchase order to supply ID cards to an undisclosed Middle Eastern country.
The cards, called Optical/Smart cards, are for a card-based national ID project in the country.
The order, which was made under a previously announced subcontract, is in addition to a $1.5 million order announced in June. LaserCard said orders under the subcontract now total more than $10 million.
Deliveries under the current order began this month and will continue throughout the year. The subcontract allows for optional orders over a four-year period for up to an additional $37 million cards.
Questions or comments about this story should be directed to the Financial News desk of The Associated Press at 212-621-7190.
http://biz.yahoo.com/ap/070709/lasercard_contract.html?.v=1
http://www.infinitistocks.com
Week of July 16th: MF Global Ltd. (MF)
MF Global Ltd. (MF)
prospectus: http://www.sec.gov/Archives/edgar/data/1401106/000119312507144672/df1.htm
Market Cap $4,548,6000,000
Revenues $2,355,000,000
Net Income $148,000,000
Price Range $36.00 - $39.00
Shares Offered 97.4 mm
Company Info:
Clarendon House 2 Church Street
Hamilton, Bermuda
(441) 295-5950
http://www.mfglobal.com
UNDERWRITERS
Citi
J.P. Morgan
Lehman Brothers
Merrill Lynch
UBS Investment Bank
Credit Suisse
Deutsche Bank
Goldman Sachs
Morgan Stanley
ABN AMRO
Week of July 16th: Airvana (AIRV)
Airvana (AIRV)
prospectus: http://www.sec.gov/Archives/edgar/data/1116435/000095013507002306/b63073s1sv1.htm
Industry: Telecomm
Market Cap $570,300,000
Revenues $170,000,000
Net Income $74,000,000
Price Range $8.00 - $10.00
Shares Offered 8.3 mm
Company Info
19 Alpha Road
Chelmsford, MA
(978) 250-3000
http;//www.airvana.com
UNDERWRITERS
Morgan Stanley
Lehman Brothers
Deutsche Bank
UBS Investment Bank
from the website:
~Founded in March 2000
Airvana EV-DO products have been deployed around the world by leading wireless service providers such as Verizon Wireless (USA), Sprint PCS (USA), Bell Mobility (Canada), Telus (Canada), Telstra (Australia), Eurotel (Czech Republic) and Pelephone (Israel). Today, EV-DO networks support a wide range of innovative mobile broadband information, communication and entertainment applications and millions of subscribers.
The FAT CATS POSTER OF THE WEEK is..................
CHURAK!!!!! 
http://www.investorshub.com/boards/profile.asp?User=11694
Chiming in with perfect timing, and congratulating himself on trades on other boards (see bottom of this post).........
He is not only funny, but has GREAT penny calls and follows his own breed of plays.
To be noted: He has had me watching several of his penny picks in our
private conversations, and is the Fat Cat Silent Giant in the pink / OTCBB markets.
Way to Go CHU!!!!
Posted by: Churak
In reply to: Churak who wrote msg# 3 Date:7/5/2007 5:33:53 PM
Post #4 of 10
nice day today for HYHY
http://www.investorshub.com/boards/read_msg.asp?message_id=20991855
Posted by: Churak
In reply to: Churak who wrote msg# 4 Date: 7/5/2007 5:34:01 PM
Post #5 of 10
yup...good call...
http://www.investorshub.com/boards/read_msg.asp?message_id=20991856
GLDS.OB: Air Industries Announces $10.4 Million of New Contracts from Sikorsky
Monday July 2, 9:30 am ET
Shares Outstanding: 59.58M
Float: 47.79M
BAY SHORE, N.Y.--(BUSINESS WIRE)--Air Industries Group, Incorporated (OTCBB: GLDS - News; formerly Gales Industries) today announced that its wholly-owned operating subsidiary, Air Industries Machining Corp. (AIM), has received three new contracts from Sikorsky Aircraft Corporation valued at $10.4 million. These orders represent additional requirements over and above the $50 million in long term general purchase agreements between Sikorsky and Air Industries that were announced in March 2007 for the BLACK HAWK helicopter program.
"Today's announcement reflects another big win for Air Industries," said Air Industries Group CEO Peter Rettaliata. "We were already on track to have a good year. These latest awards will contribute to us achieving our best year ever. In recent months, we have announced several new civilian and military contracts. I am pleased to report that our growth initiatives are accelerating on all fronts."
Approximately $9.6 million of the new contracts announced today is for the production of over 1,500 rotor cuff fittings for BLACKHAWK helicopters, which is a follow-on order from a previous contract. The second award, representing $442,000 in revenue, is for the manufacture of two developmental platform assemblies used on the MH60 BLACKHAWK RAMICS gun pallet. Upon Sikorsky's acceptance of the developmental units, follow-on contracts are anticipated with additional aircraft production. The third award is for the manufacture of six nose module assemblies for the MH60 BLACKHAWK, amounting to $384,000.
Mr. Rettaliata continued, "These contracts include orders for products that we have been manufacturing for years as well as for parts that reflect our inclusion in new aircraft assemblies. The aerospace market is robust and presents substantial prospects for Air Industries to grow through traditional business development activities as well as through our consolidation efforts."
ABOUT SIKORSKY AIRCRAFT CORPORATION
Sikorsky Aircraft Corporation, a subsidiary of United Technologies Corporation (NYSE:UTX - News), is a world leader in the design and manufacture of advanced helicopters for commercial, industrial and military uses. Sikorsky's products have been saving lives since 1944, when a Sikorsky performed the world's first helicopter rescue mission.
Sikorsky's BLACK HAWK helicopter derivatives serve in 25 governments around the world in a diverse range of missions such as combat assault, peacekeeping, border patrol, drug interdiction, disaster relief and medical evacuation. The legendary BLACK HAWK is the first choice for military operations worldwide. More than 2,800 S-70 and H-60 variants have accumulated more than five million flight hours for the United States military and Sikorsky's international customers.
Based in Stratford, Connecticut, Sikorsky has major facilities in other Connecticut locations as well as in Alabama, Florida, New York, Pennsylvania, Texas, Wisconsin, and in Poland. With revenues in 2006 of $3.2 billion, Sikorsky employs approximately 13,000 worldwide.
ABOUT AIR INDUSTRIES GROUP INCORPORATED
Air Industries Group Incorporated (OTCBB: GLDS - News; formerly Gales Industries) is a holding company established to consolidate manufacturers, engineering integrators and specialized service providers to the aerospace/defense and commercial aviation industries. The Company is focused on flight safety and other critical componentry. Consolidation opportunities include companies operating within highly synergistic disciplines of manufacturing, technical services and strategic products distribution. The Company's strategy is to execute its consolidation principally amongst middle market aerospace/defense subcontractors. Air Industries Group offers a tailored exit strategy or management continuity strategy in exchange for qualified acquisitions, and targets technically superior organizations with revenues of up to $100 million annually. Information on the Company and its products may be found online at www.airindmc.com.
Certain matters discussed in this press release are 'forward-looking statements' intended to qualify for the safe harbors from liability established by the Private Securities Litigation Reform Act of 1995. In particular, the Company's statements regarding trends in the marketplace, firm backlog, projected backlog, potential future results and acquisitions, are examples of such forward-looking statements. The forward-looking statements include risks and uncertainties, including, but not limited to, the timing of projects due to the variability in size, scope and duration of projects, estimates, projections and forecasts made by management with respect to the Company's critical accounting policies, firm backlog, projected backlog, regulatory delays, government funding and budgets, matters pertaining to potential and pending acquisitions subject to and after closings, and other factors, including results of financial audits and general economic conditions, not within the Company's control. Certain of the Company's forward looking statements, with the projected backlog in particular, are formulated based on management's extensive industry experience and understanding and assessment of industry trends, customer requirements, and related government spending. Projected backlog may be subject to variability and may increase or decrease at any time based on a variety of factors, including but not limited to modifications of previously released orders, acceleration of orders under general purchase agreements, etc. The factors discussed herein and expressed from time to time in the Company's filings with the Securities and Exchange Commission could cause actual results and developments to be materially different from those expressed in or implied by such statements. The forward-looking statements are made only as of the date of this press release and the Company undertakes no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances.
Contact:
Darrow Associates, Inc.
Jordan M. Darrow, 631-367-1866
jdarrow@darrowir.com
--------------------------------------------------------------------------------
Source: Air Industries Group, Incorporated
http://biz.yahoo.com/bw/070702/20070702005570.html?.v=1
MOC: 2.91 AMEX- Command Security Awarded $2.8 Million Security Services Contract
Monday July 2, 8:04 am ET
Strategic Security Subsidiary Awarded Two-Year Contract
Shares Outstanding: 10.75M
Float: 4.56M
Command Security Awarded $2.8 Million Security Services Contract
Monday July 2, 8:04 am ET
Strategic Security Subsidiary Awarded Two-Year Contract
LAGRANGEVILLE, N.Y.--(BUSINESS WIRE)--Command Security Corporation (Amex:MOC - News) announced today that its Strategic Security subsidiary has been awarded a new two-year contract to provide security services to a Silicon Valley semiconductor equipment manufacturer. The contract commenced on June 22nd and has an annual value of approximately $1.4 million.
Commenting on the contract award, Barry I. Regenstein, President of Command Security, said, "We are pleased to have been selected to provide security services to another Silicon Valley customer, as we further distinguish ourselves and our service in the field. This contract represents the latest manifestation of Command's mandate to continue to grow by providing the highest quality service to all of our valued customers."
In March, Command completed the acquisition of Brown Security Industries whose operating subsidiaries, Strategic Security Services, Inc. and Rodgers Police Patrol, generated approximately $11.4 million in revenue in its 2006 fiscal year.
About Command:
Command Security Corporation (www.commandsecurity.com) provides aviation and security officer services through over thirty company-owned offices in California, Connecticut, Delaware, Florida, Illinois, Maine, Maryland, Massachusetts, Nevada, New Jersey, New York, Oregon, Pennsylvania and Washington.
This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results could differ materially from those projected in the forward-looking statements as a result of various factors including the ability of the Company to successfully commercialize its new technologies as well as risk factors set forth under "Risk Factors" in the Company's annual report on Form 10-K for the year ended March 31, 2007, and such other risks detailed from time to time in the Company's reports filed with the Securities and Exchange Commission. The Company undertakes no obligation to publicly release the result of any revisions to these forward-looking statements, which may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. For more information concerning the Company, please refer to its website at www.commandsecurity.com and to the Edgar website www.sec.gov/edgar.shtml.
Contact:
Bibicoff & Associates, Inc.
Terri MacInnis, Director of Investor Relations
818-379-8500
terrimac@bibicoff.com
--------------------------------------------------------------------------------
Source: Command Security Corporation
http://biz.yahoo.com/bw/070702/20070702005207.html?.v=1
SUWN.OB: 0.78 Sunwin International Neutraceuticals in Contract to Supply 120 Tons of Premium Stevia Valued at $4 to $5 Million
Monday July 2, 7:00 am ET
Shares
73.94 m
QUFU, CHINA--(MARKET WIRE)--Jul 2, 2007 -- Sunwin International Neutraceuticals, Inc. (OTC BB:SUWN.OB - News), a leader in the production and distribution of Chinese herbs, veterinary medicines and one of the world's leading producers and distributors of all natural, zero calorie Stevia in China, announced today that it has entered into a contract to sell 120 tons of premium stevia to be manufactured at its new facility to a South Korean company. Sunwin has completed the first production run at its new premium stevia facility and is satisfied that the quality and control of the new facility met all of the company's expectations. Sunwin intends to begin full production operations beginning July 1.
The contract with the South Korean company to supply 120 tons of the premium stevia is valued at $4 to $5 million and is scheduled to be delivered over the next 12 months at a rate of about 10 tons per month. The order accounts for 40% of the designed production capabilities of the newly built facility.
The new facility uses proprietary technologies developed by Sunwin to process the seed of the Stevia rebaudiana plant, enabling the company to produce what it believes to be one of the highest-grade stevia extracts ever produced. In addition, Sunwin's scientists have developed proprietary technologies for stevia purification and production in order to further insure consistency in the quality of stevia delivered by Sunwin.
Sunwin anticipates additional production from the facility will be utilized to support Sunwin's new product offerings, marketed under the trademark name "OnlySweet(TM)" in North America, scheduled to be available in the second quarter of 2007 through over 3,000 grocery stores in the U.S.
Laiwang Zhang, President, and Chairman of Sunwin International Neutraceuticals, commented, "We are very pleased that our newly constructed facility is now operational to produce our premium stevia. The worldwide demand for our premium stevia continues to grow and management foresees additional facility expansion in the near future, as we plan to meet expected demand from the usage of Stevia in the beverage and food industries in the U.S. in 2008 and beyond. We believe our all natural, zero calorie stevia will become a mainstay sweetener throughout the world and we intend to be well positioned to be the leading producer in this rapidly growing industry."
About Sunwin International Neutraceuticals, Inc.
Sunwin International Neutraceuticals (OTC BB:SUWN.OB - News) engages in the areas of essential traditional Chinese medicine, zero calorie natural sweetener (Stevia), and veterinary medicines and feeds prepared from 100% organic herbal ingredients. As an industry leader in agricultural processing, Sunwin has built an integrated global firm with the sourcing and production capabilities to meet the needs of consumers throughout the world. Sunwin also makes such value-added products as specialty veterinary food ingredients and specialty feed ingredients. For more info about Sunwin, please visit http://www.sunwin.biz
About OnlySweet(TM)
OnlySweet(TM) is a proprietary product blended with Stevioside (stevia), a natural sweetener, extracted from the leaves of the Stevia rebaudiana plant. OnlySweet(TM) is distributed through Sunwin Stevia International Corp. It is used as a food additive in a wide variety of products, such as beverages, pastries, dairy products, confections, and medicinal products in Japan, China, Malaysia, Israel, South Korea, Brazil, and other countries. In the United States, OnlySweet(TM) is a dietary supplement sold in boxes of 100 and 200 sachets. It has zero calories and does not significantly alter blood sugar levels. OnlySweet(TM) is unique because its stevia only comes directly from Sunwin International Neutraceuticals (OTC BB:SUWN.OB - News), one of the world's largest stevia manufacturers, assuring consistency and purity.
Safe Harbor Statement
This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on current expectations or beliefs, including, but not limited to, statements concerning the Company's operations, financial performance and, condition. For this purpose, statements that are not statements of historical fact may be deemed forward-looking statements. The Company cautions that these statements by their nature involve risks and uncertainties, and actual results may differ materially depending on a variety of important factors, including, but not limited to, the impact of competitive products, pricing and new technology; changes in consumer preferences and tastes; and effectiveness of marketing; changes in laws and regulations; fluctuations in costs of production, and other factors as those discussed in the Company's reports filed with the Securities and Exchange Commission from time to time. In addition, the company disclaims any obligation to update any forward-looking statements to reflect events or circumstances after the date hereof.
Contact:
CONTACT:
Steven Silbert
Executive Vice President
Tel: 954.724.2944
ssilbert@onlysweet.com
--------------------------------------------------------------------------------
Source: Sunwin International Neutraceuticals, Inc.
http://www.infinitistocks.com
ABTG.OB :0.0520 Ambient Retires Approximately $2.4 Million of Long-Term Debt
Monday July 2, 8:20 am ET
Security Interest on Ambient Property is Terminated
BOSTON--(BUSINESS WIRE)--Ambient Corporation (OTCBB: ABTG - News), a leader in Broadband over Power Lines (BPL) solutions, today announced that it has made the July 2007 payment on its 8% Senior Secured Convertible Debentures in cash and also pre-paid in cash an additional $1,952,700 of these Debentures.
Following the payments made today, the security interest on Ambient's intellectual property in favor of the Debenture holders has been released. Additionally, the accompanying restrictions on Ambient with respect to certain corporate transactions have also been terminated. These developments position Ambient to secure long-term funding on more favorable terms. Additionally, these cash payments significantly reduce further dilution associated with the monthly issuances of below market-price stock to repay principal and interest on the Debentures. Ambient has also advised the Debenture holders that it intends to pay in cash the August 2007 Debenture payment.
John J. Joyce, President and CEO of Ambient, stated, "Our focus continues to be on four primary goals and objectives: stabilizing the capital structure, increasing revenues, enhancing our technology while protecting our intellectual property, and fostering the creation of industry standards. These are what will position Ambient for its future growth."
Mr. Joyce continued, "Paying down the Debentures is yet another step in the stabilizing of our capital structure and positioning the Company for securing more favorable longer-term funding."
About Ambient Corporation
Ambient is a pioneer in the Broadband over Power Lines (BPL) industry and is engaged in the design, development and marketing of patented, FCC-certified BPL equipment and technologies. Ambient utilizes proprietary technology and in-depth industry experience to provide optimal solutions for Smart Grids and the Broadband Access and In-Premise markets. Headquartered in Newton, MA, Ambient is a publicly traded company (OTCBB: ABTG - News). Visit Ambient at www.ambientcorp.com.
This press release contains forward-looking statements that involve substantial uncertainties and risks. These forward-looking statements are based upon our current expectations, estimates and projections about our business and our industry, and that reflect our beliefs and assumptions based upon information available to us at the date of this release. We caution readers that forward-looking statements are predictions based on our current expectations about future events. These forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties and assumptions that are difficult to predict. Our actual results, performance or achievements could differ materially from those expressed or implied by the forward-looking statements as a result of a number of factors, including but not limited to, changes in economic conditions generally and the broadband over power lines ("BPL") market specifically, changes in technology, legislative or regulatory changes that affect us, the availability of working capital, changes in costs and the availability of goods and services, the introduction of competing products, changes in our operating strategy or development plans, our ability to attract and retain qualified personnel, and changes in our acquisition and capital expenditure plans, and the risks and uncertainties discussed under the heading "RISK FACTORS" in Item 1 of our Annual Report on Form 10-KSB for the fiscal year ended December 31, 2006, and in our other filings with the Securities and Exchange Commission. We undertake no obligation to revise or update any forward-looking statement for any reason.
Ambient is a trademark of Ambient Corporation registered in the U.S. Patent and Trademark Office.
Contact:
Ambient Corporation
Anna E. Croop, 617-614-6739
Director of Corporate Communications
acroop@ambientcorp.com
--------------------------------------------------------------------------------
Source: Ambient Corporation
http://www.infinitistocks.com
KSW: 7.55 KSW Awarded Two New Brooklyn Waterfront Projects
Monday July 2, 8:30 am ET
Shares Outstanding: 6.13M
Float: 4.94M
LONG ISLAND CITY, N.Y.--(BUSINESS WIRE)--KSW, Inc. (AMEX: KSW - News) announced today that it has been selected as the HVAC contractor for two new luxury condominium projects on the Brooklyn waterfront being developed by a group headed by Jeffrey Levine, a major New York developer. The contracts total approximately $15,600,000. The Company will now be working on four projects in the Brooklyn waterfront area.
Chairman of the Board, Floyd Warkol, commented: "We are gratified to be awarded these new projects, having just recently completed work on Jeff's 42-story luxury condominium building at 325 Fifth Avenue in Manhattan. Building working relationships with respected developers is the key to KSW's success."
About KSW
KSW, Inc., through its wholly-owned subsidiary, KSW Mechanical Services, Inc., furnishes and installs heating, ventilating and air conditioning (HVAC) systems and process piping systems for institutional, industrial, commercial, high-rise residential and public works projects. KSW Mechanical Services, Inc. also acts as Trade Manager on larger construction projects, such as the New York Presbyterian Cardiovascular Center.
Safe Harbor Statement
Certain statements contained in this press release are not historical facts, and constitute "forward-looking statements" (as such term is defined in the Private Securities Litigation Reform Act of 1995). These forward looking statements generally can be identified as statements that include phrases such as "believe", "expect", "anticipate", "intend", "plan", "foresee", "likely", "should", "will" or other similar words or phrases. Such forward-looking statements concerning management's expectations and other similar matters involve known and unknown risks, uncertainties and other important factors that could cause the actual results to differ materially from any future results, performance or achievements discussed or implied by such forward-looking statements. Such risks, uncertainties, and other important factors that could cause actual results to differ materially from expectation of the Company include, among others, the outcome of the year-end audit and further internal review of the Company's historical financial statements. All written and oral forward-looking statements of or attributable to the Company or persons acting on behalf of the Company are qualified in their entirety by such factors. The Company disclaims any obligation or undertaking to provide any updates or revisions to any forward-looking statement to reflect any change in the Company's expectations or any change in events, conditions or circumstances on which the forward-looking statement is based.
Contact:
KSW, Inc.
James F. Oliviero, 718-340-1409
joliviero@ksww.com
http://www.infinitistocks.com
LUCE.OB 2.30 Lucas Energy Reports Record Year End Earnings & Revenue - Annual Revenue Climbs 440% and Earnings Improve 516%
Monday July 2, 8:41 am ET
http://www.infinitistocks.com
HOUSTON--(BUSINESS WIRE)--Lucas Energy, Inc. (OTCBB:LUCE - News), the U.S. based independent oil and gas company, today announced record revenue and earnings for the fiscal year ended March 31, 2007. During the twelve-month period ended, March 31, 2007, Lucas Energy:
Reported record EBITDA earnings of $808,685 or $.03 a share.
Reported record annual revenue of $1,330,084, up from $302,500 in 2006
Reported record shareholder equity climbing to $7,444,013
Proven reserves increased to 1.6m bbls or $67.3m in undiscounted future net cash flow
Cost of production declined from $22.36 to $9.43 a barrel
Completed acquisitions of Wilson Oil and Gas Inc. and the Delphic Oil Co.
Twelve-Months Ended March 31, 2007
Lucas Energy, Inc. reported total revenues of $1,330,084 for the year ended March 31, 2007, an increase of 440 percent compared to total revenues of $302,500 for the year-ended March 31, 2006. The Company's earnings continued to improve by 516 percent to $322,128 up from $62,316. The Company reported an operating profit of $654,782 for fiscal 2007 compared to an operating profit of $75,447 reported in 2006, an increase of 868 percent, year over year.
Lucas Energy's stockholders' equity grew to $7,444,013, and total assets increased to $10,425,990 as of March 31, 2007.
James J. Cerna, Chief Executive Officer of Lucas Energy Inc., stated, "Fiscal 2007 represents a year in which Lucas Energy successfully leveraged its working assets and capital to deliver an outstanding return on investment. The twelve month period reflects the culmination of assiduous efforts on behalf of the company's management and board members resulting in a truly outstanding outcome. Low overhead, strict controls and a knowledgeable management team will continue to drive our company forward to new benchmarks of success."
Mr. Cerna continued, "We look forward to the launch of our 2007-08 drilling program which will target our most attractive PUD locations. The company will continue to make selective acquisitions that fit our business model as well as increase daily production through the revitalization and lateral drilling of our portfolio of wells."
LUCAS ENERGY, INC.
----------------------------------------------------------------------
From Inception on
April 6, 2005
For the Year Ended through
March 31, 2007 March 31, 2006
------------------ -----------------
REVENUES
Oil and gas revenues $ 1,296,084 $ 302,500
Consulting income 34,000 -
Total Revenues 1,330,084 302,500
-------------------------------------
EXPENSES
Lease operating expenses 313,004 132,798
Depreciation and depletion 153,903 38,815
Professional fees 35,119 24,181
General and administrative 173,276 31,259
Total Expenses 675,302 227,053
-------------------------------------
INCOME FROM OPERATIONS 654,782 75,447
OTHER INCOME (EXPENSES)
Interest income 17,297 11
Interest expense (222,611) (8,297)
Total Other Expenses (205,314) (8,286)
-------------------------------------
NET INCOME BEFORE INCOME TAXES 449,468 67,161
INCOME TAX EXPENSE 127,340 4,845
NET INCOME $ 322,128 $ 62,316
-------------------------------------
BASIC INCOME PER SHARE $ 0.01 $ 0.00
FULLY DILUTED INCOME PER SHARE $ 0.01 $ 0.00
WEIGHTED AVERAGE NUMBER OF SHARES
OUTSTANDING 27,984,165 19,200,000
FULLY DILUTED AVERAGE NUMBER OF
SHARES OUTSTANDING 27,984,165 21,800,011
The complete financial results for the year ended March 31, 2007 are available on Form 10--KSB at http://www.sec.gov.
LUCAS ENERGY, Inc. (OTCBB: LUCE - News; www.lucasenergy.com) is an independent oil and gas company building a diversified portfolio of valuable oil and gas assets in the United States. The company is focused on identifying underperforming oil and gas assets, which are revitalized through a meticulous process of evaluation, application of modern well technology, and stringent management controls. This process allows the company to increase its asset base and cash flow, while significantly reducing the risk of traditional exploration projects. Lucas Energy's financial structure allows it to minimize the high overhead of traditional E&P companies. For more information, visit http://www.lucasenergy.com. The Company's headquarters are located at 3000 Richmond Avenue, Suite 400, Houston, Texas 77098.
``Safe-Harbor' Statement Under the Private Securities Litigation Reform Act of 1995. This press release contains forward-looking information within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the ``Exchange Act'), including statements regarding potential sales, the success of the company's business, as well as statements that include the word ``believe' or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of Lucas Energy to differ materially from those implied or expressed by such forward-looking statements. Lucas Energy assumes no responsibility to update the information included herein for events occurring after the date hereof. Actual results could differ materially from those anticipated due to factors such as the lack of capital, timely development of products, inability of potential customers to pay, and political and economic risks inherent in international trade.
Contact:
Corporate:
Lucas Energy, Inc.
James Cerna, Jr. CEO, 713-528-1881
or
Media:
Anthem Communications
Anthony DiMaio, 917-449-1177
--------------------------------------------------------------------------------
Source: Lucas Energy, Inc.
http://biz.yahoo.com/bw/070702/20070702005550.html?.v=1
AI
