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Monthly Archives: September 2009

Verenium Corporation (VRNM) Does a 12 for 1 Reverse Stock Split

Verenium Corporation is conducting a 1 for 12 reverse stock split to be effective on September 9, 2009. The stock split will reduce the number of shares outstanding from 111.3 million to 9.3 million. Verenium Corporation reported revenues of $16.3 … Continue reading

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Solarfun Power Holdings Co., Ltd. (SOLF) Announces LOI for PV Projects of 600MW

Solarfun Power Holdings Co., Ltd., a vertically integrated manufacturer of silicon ingots and photovoltaic (PV) cells and modules in China, announced that Jiangsu Linyang Solarfun Co., Ltd., a wholly owned subsidiary, has signed a letter of intent (LOI) with the … Continue reading

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Credence Corp. (LTXC) Offers Positive Outlook for Q1 2010 Despite Q4 and FY 2009 Losses

Credence Corp. today announced its fourth-quarter results for the period ended July 31, 2009, as well as its expectations for fiscal 2010. The provider of chip testing equipment reported a loss for its fiscal fourth-quarter and full-year results, but gave … Continue reading

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Universal Travel Group (UTA) Provides Update on Chinese Expansion

Universal Travel Group is a growing travel services provider in China. The company provides services such as: hotel reservations, airline bookings, and packaged tours via the internet and through customer service representatives. The company announced today the successful achievement of … Continue reading

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GreenHunter Energy Inc. (GRH) Signs Long-Term Biomass Power Deal, Houston Operation Continues to Develop

Finding footing in a new world of energy consumption is a difficult task. What will sell and work is thought to be understood but can sometimes turn out to be a “dud”. Time is the key. Maybe the right timing … Continue reading

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Vical, Inc. (VICL) Receives Broad US Patent for Influenza Vaccines

Vical Inc. researches and develops biopharmaceutical products based on its patented DNA delivery technologies for the prevention and treatment of serious or life-threatening diseases. Potential applications of the company’s DNA delivery technology would include DNA vaccines for infectious diseases, in … Continue reading

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PokerTek, Inc. (PTEK) Raises Equity Capital in Private Placement

PokerTek, Inc. raised $500,000 in a private placement of stock with several different accredited investors. The company sold a total of 686,090 shares at $0.76. Lyle Berman, the Chairman of the Board of Directors of PokerTek, purchased nearly half of … Continue reading

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Met-Pro Corp. (MPR) Gets Substantial Product Order

Met-Pro Corporation announced today that it received an order for one of its regenerative thermal oxidation (RTO) systems. Industrial companies use this product to treat volatile organic compounds (VOCs) and other atmospheric pollutants. The order will provide $500,000 in revenues … Continue reading

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Frisch’s Restaurants, Inc. (FRS) Boosts Dividend By 8%

Frisch’s Restaurants, Inc. (FRS) declared a $0.13 dividend, up 8% or $0.01 from the previous quarter. The company has paid a dividend for 195 consecutive quarters, starting with its first quarter as a public company in 1960. The dividend is … Continue reading

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Ixia (XXIA) Signs Agreement with Ingram Micro (IM)

Ixia, based in California, is a leading supplier of performance test systems, allowing Internet equipment manufacturers, carriers, service providers, government agencies, and enterprises to effectively test IP networking equipment of all types and sizes. The company today announced an agreement … Continue reading

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