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Monthly Archives: July 2009

General Employment Enterprises Inc. (JOB) Suffering From Deep Recession

General Employment Enterprises Inc. announced its third fiscal quarter earnings results reporting a net loss of $2.295 million, or $0.44 per share, and consolidated net revenues of $2.52 million. These results were down sharply from the same quarter in 2008. … Continue reading

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Senesco Technologies Inc. (SNT) Moves Promising Drug toward Clinical Trial

Senesco Technologies Inc. secured additional financing to continue research into genetic technologies designed to deter apoptosis, or programmed cell death, in humans. This technology is applicable in many different diseases including cancer, glaucoma, and cardiovascular problems. The financing will come … Continue reading

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Sinovac Biotech. Ltd. (SVA) Begins H1N1 testing program in China, Enters into Agreement with Philippine Distributor

Some products provide solutions to global issues. These products are often more a need rather than a want. Being able to capitalize on this unfortunate reality is the key. Of course management needs to be cognizant of the moral questions … Continue reading

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Petroleum Development Corp. (PETD) Bulks Up in the Marcellus Shale

Petroleum Development Corp. is an oil and gas exploration and production company headquartered in Colorado. The company operates in four segments: Oil and Gas Sales, Drilling and Development, Well Operations and Natural Gas Marketing through its Riley Natural Gas subsidiary. … Continue reading

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Reed’s, Inc. (REED) Announces Addition of New Business Line and Expansion of Revenue Opportunities

Reed’s, Inc. announced this morning that it has established a new line of business that will utilize the company’s existing bottling operation to discover opportunities that are non-competitive with current product lines. The company believes the new business venture will … Continue reading

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Associated Estates Realty Corporation (AEC) Reports Strong Funds from Operations

Associated Estates Realty Corporation (AEC) released its second quarter 2009 earnings report and reported strong Funds From Operations (FFO) of $0.33 per share, down marginally from the $0.34 reported in the same quarter last year. Its net income was $0.62 … Continue reading

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China Precision Steel Inc. (CPSL) Weathers Economic Downturn Well, Prepares for Q1 New Plant Opening

As the market decides whether it is ready for a return, bargains are quickly disappearing. Those solid companies that were beat down but held value are starting to rise in price from where a bottom fishing expedition could return solid … Continue reading

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RXi Pharmaceuticals Corp. (RXII) Acquires License to Advirna Technology

RXi Pharmaceuticals Corporation, a biopharmaceutical company pursuing proprietary therapeutics based on RNA interference (RNAi), today announced that it has acquired an exclusive license to novel technologies from Advirna LLC that enables in vivo delivery of RNAi therapeutics. The terms of … Continue reading

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Addax Petroleum Corp. (TSX: AXC) Recognizes Record Second Quarter Production

Today, Addax Petroleum Corp. announced its operating results for the three month period ended June 30, 2009. Addax Petroleum’s President and Chief Executive Officer, Jean Claude Gandur, commented, “Record production performance and improved commodity prices have contributed to another quarter … Continue reading

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Rotoblock Corp. (RTBC) is “One to Watch”

America is not the only country feeling the onslaught of the economic crunch. Recession and hardship is reverberating on a global scale. International business has slowed a bit since this all began. Countries are experiencing the same issues we are. … Continue reading

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