Posted on 3/30/2012 @ 5:26 PM in #Stocks by QualityStocks 0 comments

Mikros Systems Corp., an advanced technology company primarily specializing in electronics systems technology for military applications, announced today its results for the fourth quarter and 12 months ended Dec. 31, 2011. The company finished 2011 with record revenue of $5.3 million – an 11% increase from the previous year. The company additionally increased its gross profit from $2.0 million in 2010 to $2.1 million at the close of 2011, ending the year with $1 million in cash and cash equivalents – an increase of more than 50% from 2010. Mikros Systems’ fourth quarter revenue for 2011 was $2.3 million – a 56% increase from the fourth quarter of 2010. This reflects higher revenues related to the company’s ADEPT products. The company also had a gross profit of $0.7 million for the fourth quarter of 2011, or 31.4% of revenue, as compared with $0.6 million, or 44.2% of revenue, from the previous year. Mikros is currently pursuing a number of new contracts and opportunities that leverage the company’s Continued...

It’s Hard to Overlook Longhai Steel, Inc. (LGHS)

Posted on 3/30/2012 @ 5:23 PM in #Stocks by QualityStocks 0 comments

Scrolling through another batch of earnings reports from big board companies in the steel business once again showcases the out-of-sync valuation of Longhai Steel and its industry peers. Olympic Steel (NASDAQ: ZEUS) reported Q4 2011 net sales totaled $319.9 million, the highest ever for its fourth quarter, an increase of 48.7% from the $215.2 million reported for the year-ago period. Fourth quarter 2011 net income totaled $0.6 million, or $0.05 per diluted share, compared to a net loss of $1.6 million, or $0.15 per diluted share, in last year’s fourth quarter. Net sales for the year totaled $1.26 billion in 2011, a new record, increasing 56.7% from $805 million in 2010. For 2011, net income increased by $22.9 million to $25.0 million, or $2.28 per diluted share, compared to net income of $2.1 million, or $0.20 per diluted share, for 2010. Shares are trading around $24 each with a market cap of approximately $260 million. China Gerui Advanced Materials Group (NASDAQ:CHOP) reported 2011 Q3 revenue of $101.1 Continued...

Applied DNA Sciences, Inc. (APDN) smartDNA Gets Official Green Light for Forensic Use

Posted on 3/30/2012 @ 5:22 PM in #Stocks by QualityStocks 0 comments

Applied DNA Sciences, a provider of DNA-based security solutions, today announced that its botanical, smartDNA anti-theft system is now officially approved by the Swedish National Police Board (RPS). smartDNA will be used by law enforcement in all counties in Sweden effective June 2012. smartDNA is a patented security system used to protect valuables in highly covert sting operations, and can be incorporated within existing security and anti-theft systems. In the event of a crime, the offender is marked (sprayed) with a DNA-marked fluorescing dye, which allows for detection and forensic evaluation. The technology is already used by the Swedish National Laboratory of Forensics (SKL), and has proven effective for criminal prosecution measures. “We are very pleased with smartDNA as it has helped us to arrest the criminals for serious crimes committed. This has been proven in our evaluation of the system for the past year, and we expect, with support from SKL, our national forensic laboratory, to prosecute Continued...

Guanwei Recycling Corp. (GPRC) Posts Record Financial Results for 2011

Posted on 3/30/2012 @ 5:19 PM in #Stocks by QualityStocks 0 comments

Guanwei Recycling, China’s leading clean tech manufacturer of recycled low density polyethylene (LDPE), today reported financial results for fiscal 2011, reflecting record sales and profits. Net revenues for 2011 increased 34 percent to a record $63.6 million compared to $47.5 million reported a year earlier. Net income in 2011 grew 29 percent to a record $12.7 million, or $0.64 per diluted share, compared with $9.9 million, or $0.50 per diluted share, reported in 2010. Gross profit for 2011 increased approximately 27 percent to $19.48 million, while gross margins decreased to 30.64 percent from 32.20 percent a year earlier. The company attributes this decrease primarily to an approximately 22 percent increase in raw material costs. The company increased its annual combined raw material import quota to 99,000 tons in 2011 and 115,000 tons in 2012; production capacity expanded to 80,000 tons from 65,000 tons. As of December 31, 2011, Guanwei reported shareholders’ equity of $45 million, an increase Continued...

Liquidmetal Technologies, Inc. (LQMT) Video Chart for Friday, March 30, 2012

Posted on 3/30/2012 @ 10:44 AM in #Stocks by QualityStocks 0 comments

LQMT is moving into a decision-making area. The pps is facing resistance at the 200-day moving average while drawing support from the 50-day moving average. When the two key moving averages converge, the chart will have to make a move through one or the other which could signal whether or not the multi-month uptrend will continue or not. To view the video chart, visit the following link: http://www.qualitystocks.net/videocharts About QualityStocks QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. We offer several ways for investors to learn more about investing in these companies as well as find and evaluate them. Sign up for “The QualityStocks Daily Newsletter” at www.QualityStocks.net Please see disclaimer on the QualityStocks website: http://disclaimer.qualitystocks.net Continued...

Sinovac Biotech Ltd. (SVA) Phase I Clinical Data for EV71 Vaccine Against Hand, Foot, and Mouth Disease Published in Vaccine

Posted on 3/30/2012 @ 10:43 AM in #Stocks by QualityStocks 0 comments

Sinovac Biotech yesterday announced that the positive phase I clinical data for its proprietary inactivated Enterovirus 71 (EV71) vaccine was accepted for publication by Vaccine, a peer-reviewed journal. The uncorrected proof is available online. The EV71 vaccine is an inoculation against hand, foot, and mouth disease (HFMD). The article, entitled “Safety and immunogenicity of a novel human Enterovirus 71 (EV71) vaccine: A randomized, placebo-controlled, double-blind, Phase I clinical trial,” gives a detailed look at the safety observation with preliminary immunogenicity data from the study, in which all three age groups (adult, children, and infants) showed good safety and tolerance profiles. During the phase I clinical trial, vaccine candidates were first given to the adults, starting from the lowest dosage to higher dosages. After the two inoculations were administered, a safety observation was conducted and clinical experts and the Data Safety Monitoring Committee reviewed the safety evaluation report. Continued...

SilverSun Technologies, Inc. (SSNT) Announces Record Revenues and Earnings; Reduces Total Liabilities by 60.5%

Posted on 3/29/2012 @ 5:16 PM in #Stocks by QualityStocks 0 comments

SilverSun Technologies, Inc., a total solutions provider specializing in business software for the small and medium-sized business market, just reported its financial results for the calendar year ended December 31, 2011, in a Form 10-K filed with the Securities and Exchange Commission. The company’s revenues for the twelve-month period increased 40.5% year-over-year to a record $10,522,080 from $7,486,703 in 2010. Net income on a consolidated basis totaled $2,708,931 for the year ending December 31, 2011, also a record, as compared to a net loss of $568,505 on a consolidated basis for the year ended December 31, 2010, an increase of $3,277,436. Earnings per share was reported at $0.58 for the year ending December 31, 2011, a substantial improvement over the net loss of $0.13 per share reported for the previous year. Earnings per share on a fully diluted basis was $0.02 for the year ending December 31, 2011, compared to a net loss per share of $0.13 on a fully diluted basis for 2010. Mark Meller, Chief Continued...

Pyramid Oil Company (PDO) Reports Strong Financials, Projects Further Growth amid Rising Oil Prices, Expanding Operations

Posted on 3/29/2012 @ 2:10 PM in #Stocks by QualityStocks 0 comments

Today, veteran oil and gas sector developer Pyramid Oil, which has been fielding acreage candidates and drilling wells since 1909, punched out some very nice FY11 and Q4 (ended Dec 31, 2011) financial data. FY11 data offers a clear view of the company’s solid growth vector: • Sales – up 26% to $5.7M (from $4.5M in 2010)• Total Revenue – up 18% to $5.7M (from $4.8M)• EPS – up 359% to $0.23 (from $0.05)• Operating Cash Flow – up 47.1% to $2.5M (from $1.7M)• Cash, Cash Equivalents, and Short-Term Investments – up 30.4% to $6M (from $4.6M)• Long-Term Debt – under $25k• Total Current Assets – $7.2M, with $6.5M in working capital and a ratio of 10:1 Sales rose on the strength of rising prices, which were up 38.8% per average BOE, to $104.78 (from $76.04 in 2010). Revenue data here is especially nice when considering that a portion of total revenue in 2010 was attributable to the $321k gain in Q3 from sale of a portion of PDO interests in a Texas gas venture. Serious bottom-line growth was obtained by the Continued...

American Energy Corp. (AEDC) Kicks-Off Development Plans as Michigan’s Frost Laws are lifted

Posted on 3/29/2012 @ 2:09 PM in #Stocks by QualityStocks 0 comments

Independent energy company American Energy Development today announced it has re-started development on its 1,343 acre Dansville Prospect after an early end to Michigan’s Frost laws, which took effect in late February and were lifted on March 15. Frost laws are seasonal restrictions implemented to curb traffic weight limits and speeds on roadways that are subject to thaw weakening. The laws were lifted early this year due to unseasonably warm temperatures in the region, which allows for American Energy to move forward on its second well, Cremer 1-1. Cremer 1-1 has been surveyed and bonded, and the company said it expects to begin the drilling phase and spud in late April. The Cremer 1-1 well, as Brown 2-12, is located within the Niagaran oil reef structure, which covers roughly 4,000 square miles. According to historical records of the Niagaran Reef Play in Michigan, there are more than 4,200 wells being drilled, targeting reef formations and producing a total of 472 MMBO and 2.8 TCF gas. Current Continued...

Vertex Energy, Inc. (VTNR) Posts Q4, FY 2011 Financial Results

Posted on 3/29/2012 @ 2:08 PM in #Stocks by QualityStocks 0 comments

Vertex Energy, a leading environmental services company that recycles industrial waste streams and off-specification commercial chemical products, today announced its financial results for the fourth quarter and full year ended December 31, 2011. Fourth quarter revenue increased nearly 100 percent to $31.3 million for 2011 compared with $15.7 million in revenue reported for the fourth quarter of 2010. Gross profit was $1.31 million compared with $1.48 million during the fourth quarter of 2010. Income from operations was $235,829 compared with $510,205 during the fourth quarter of 2010. Net income was $2.1 million compared to $467,280 in last year’s fourth quarter; $1.8 million of this increase is attributable to the tax benefit stemming from the net operating losses related largely to the World Waste Technologies merger. Vertex’ sales volumes improved 29 percent in the fourth quarter of 2011 compared to the fourth quarter of 2010. “While the fourth quarter income results were behind last year’s fourth Continued...

Network Equipment Technologies, Inc. (NWK) and BT Partner to Offer Simplified Unified Communications Solutions for Microsoft ® Lync 2010 Deployments

Posted on 3/29/2012 @ 10:13 AM in #Stocks by QualityStocks 0 comments

Network Equipment Technologies announced it would be entering into a strategic partnership with BT. This initiative will serve to considerably simplify the deployment and installation of Microsoft Lync 2010, significantly reducing the time and effort required for service providers and large enterprises to implement advanced unified communications (UC) solutions. With the use of NET’s Unified Exchange (UX) Series platform, BT will be capable of providing superior managed and professional solutions that enhance the performance of on-premise enterprise application systems. “Businesses are seeking ways to reduce costs, increase productivity, and improve customer service. Being able to communicate and collaborate with anyone at any time, whether you are using phone, e-mail, application sharing, messaging or conferencing is key to achieving these goals,” said Matthew Krueger, Vice President Business Development at NET. “The combined BT and NET solution offers customers an innovative option to the challenge of Continued...

Empire Post Media, Inc. (EMPM) Producing 3D E-Book Based on “A Fairway to Heaven”

Posted on 3/29/2012 @ 10:12 AM in #Stocks by QualityStocks 0 comments

Golf is a hot topic again with Tiger finally getting off the schneid with his five-stroke victory at Bay Hill ending a 30-month drought. Yes, Tiger certainly has a way of invigorating the sport. But any die-hard golfer (or even just a fan) loves a lot more about the game than just the Hollywood flavor Tiger Woods brings to it. In some news early this morning that golf enthusiasts should find interesting, Empire Post Media said that they have acquired E-book rights to “A Fairway to Heaven,” the English TV/DVD series which illustrates the architecturally ideal golf course made up from 18 golf holes from around the world. The E-book will feature text, interviews, stills, video, and interactive segments in 3D. The original two hour television show featured the world’s greatest golf course architects, writers, personalities, and golf legends like Gary Player, Tom Weiskopf, John Daly, and Ben Crenshaw. Renown holes such as the U.S.’s Pebble Beach’s 8th, Augusta’s 13th, and Scotland’s St Andrews’ 17th were Continued...

ChromaDex Corp. (CDXC) Launches Aggressive Marketing Campaign for BluScience

Posted on 3/29/2012 @ 10:11 AM in #Stocks by QualityStocks 0 comments

A new multi-million national media campaign has been launched by Irvine, California’s ChromaDex for the recently commercialized BluScience™ line of dietary supplements. To help facilitate the media blitz – which will include television, radio, and digital outlets – ChromaDex has retained RJ Palmer, a NYC-based full service media agency with billings in excess of $800 million. RJ Palmer, a subsidiary of holding company MDC Partners, provides strategic insights, TV, Print, OOH (Out of Home), radio, online media planning and buying, and corporate barter and branded entertainment. The radio campaign began in early March, and the television campaign began this week, said ChromaDex in a statement this morning. The recently launched BluScience™ line currently consists of HeartBlu – Healthy Heart Support; EternalBlu – Anti-aging Support; TrimBlu – Weight Management Support; and Blu2Go – Focus & Energy Melt. The novel ingredient in BluScience™ is ChromaDex’s proprietary, patent-pending pterostilbene, branded as Continued...

ProGraming Platforms Corp. (PPTF) Leads the Way in Play-For-Pay

Posted on 3/28/2012 @ 5:17 PM in #Stocks by QualityStocks 0 comments

Competitive online gaming, where players form competitive online clubs to challenge each other, is the real growth area of computerized gaming. Add to this the fact that the computer games industry is already bigger than either the U.S. music or movie industry, and the significance of the potential market becomes clear. The Internet has transported competitive gaming to a new world, where anyone can game with anyone else, no matter where on the planet they live. Virtually every game console and gaming application is now being designed with this global perspective in mind. The next step in the gaming revolution is now at hand – the monetization of competition, allowing players to be financially rewarded, easily, quickly, and dependably, for their playing skill, regardless of the particular game being played. This is where the ProGaming advanced gaming platform comes in. ProGaming’s proprietary technology handles all of the complex accounting involved in play-for-pay processing, regardless of volume, Continued...

Brekford Corp. (BFDI) Receives Contract from City in Maryland

Posted on 3/28/2012 @ 5:16 PM in #Stocks by QualityStocks 0 comments

Brekford is a provider of state-of-the-art mobile technology and traffic safety solutions to the U.S. military, various federal agencies, and numerous security and public safety agencies all across the United States. The company’s services include automated traffic safety solutions as well as an end-to-end suite of mobile computer and video technology. The company reported today that it has been selected for a speed enforcement contract in Greenbelt, Maryland, although the specifics of the contract (how many cameras, etc.) have yet to be worked out. Once in place, Brekford’s camera systems will issue warnings for a period of 30 days. After the 30 days are up, each driver surpassing the posted speed limit by 12 miles per hour will be issued a $40 citation. Brekford has already been awarded several contracts in other cities in Prince George’s County, Maryland. The company was one of several state-approved contractors to bid on the Greenbelt contract, but won the bidding thanks to being the clear technology Continued...

SEFE, Inc. (SEFE) Set to Market Harmony III Commercial-Grade Atmospheric Power Collection and Generation System

Posted on 3/28/2012 @ 5:15 PM in #Stocks by QualityStocks 0 comments

SEFE has a remarkable proprietary system that utilizes a weather balloon-based platform and dynamic tethering system to send aloft a conductive line. The collector then harvests static electricity directly from the constantly recharged atmosphere, transforming it into current usable by generators and the existing power grid. Working with consultants from FAA and the fabrication industry, SEFE has engineered a safe, fully FAA-compliant and affordable solution which can easily be deployed anywhere. The Harmony III is ideal for a variety of industrial, mining, military, and utility needs, promising to curb fossil fuel dependency while immediately contributing to carbon offset. The components within the system’s architecture are very durable, and because the individual units are networked together remotely via secure encrypted wireless connection, it is very easy to maintain the entire grid of systems simultaneously or perform real-time diagnostics and status checks. The most important component is the Continued...

Nutrastar International, Inc. (NUIN) Posts Full-year 2011 Financial Results, Achieves Record Sales

Posted on 3/28/2012 @ 5:14 PM in #Stocks by QualityStocks 0 comments

Nutrastar International, a leading producer and supplier of premium branded consumer products, functional health beverages, and organic and specialty foods, today announced its results for the year ended December 31, 2011. Revenues increased 41.1 percent to $34.21 million compared to $24.24 million in the year ended December 31, 2010. Gross profit increased 32.4 percent to $25.96 million, up from $19.6 million in the comparable 2010 year, representing a gross margin of 75.9 percent. Net income rose 26.3 percent to $17.00 million, or basic and diluted earnings per share of $1.12 and $1.04, respectively, up from $13.44 million reported for full year 2010, representing a net margin of 49.7 percent. As of December 31, 2011, Nutrastar had cash and cash equivalents totaling $54.56 million, or $3.34 per diluted share; total assets of approximately $76.43 million, or $4.68 per diluted share; working capital of $52.33 million, or $3.20 per diluted share; and stockholders’ equity of $72.02 million. Net cash Continued...

Ever-Glory International Group, Inc. (EVK) Reports Fiscal Year 2011 Financial Results and 2012 Guidance

Posted on 3/28/2012 @ 1:46 PM in #Stocks by QualityStocks 0 comments

Ever-Glory International Group, a leading apparel supply chain manager and retailer in China, today reported its financial results for its fiscal year ended December 31, 2011, reflecting strong sales and expansion initiatives. “We’re very pleased with the significant progress we made in 2011, as sales in both our retail and wholesale segments continued to increase,” Edward Yihua Kang, chairman of the board and CEO of Ever-Glory stated in the press release. “We are especially encouraged by achieving the objectives of LA GO GO store expansion. As of December 31, 2011, we had 467 LA GO GO stores in China; we surpassed our goal of opening an additional 80 to 100 new stores in 2011! We had 293 stores at the end of 2010.” For the fiscal year ended December 31, 2011, net sales increased 60.9 percent to $215.8 million from $134.1 million reported in 2010. Total gross profit for 2011 increased 70.3 percent to $44.5 million from $26.2 million reported in 2010. Gross margin increased to 20.6 percent in 2011, Continued...

SEFE, Inc. (SEFE) Video Chart for Wednesday, March 28, 2012

Posted on 3/28/2012 @ 10:11 AM in #Stocks by QualityStocks 0 comments

Even with limited trading history, SEFE has defined some clear support levels at 75 and 80 cents. There is some resistance in front at the 200dma around 90 cents, but a move above that mark puts the chart in a very bullish position and could signal a possible move to challenge old highs at $1.25. To view the video chart, visit the following link: http://www.qualitystocks.net/videocharts About QualityStocks QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. We offer several ways for investors to learn more about investing in these companies as well as find and evaluate them. Sign up for “The QualityStocks Daily Newsletter” at http://www.QualityStocks.net Please see disclaimer on the QualityStocks website: http://disclaimer.qualitystocks.net Continued...

VolitionRX Ltd. (VNRX) to Advance Blood-Based Diagnostics for Cancer

Posted on 3/28/2012 @ 10:10 AM in #Stocks by QualityStocks 0 comments

VolitonRX, a life sciences company focused on the development of diagnostic blood tests, is developing its Nucleosomics™ technology to measure and identify the signatures of nucleosomes (a protein component of a chromosome containing a short length of DNA) that are released into the blood as cells die. The company believes its pioneering technology will help detect early stage diseases that are characterized by high cell turnover, such as cancer. When a cell dies, individual nucleosomes are released into the blood to be recycled. It is well-known that high levels of nucleosomes are released into the blood stream as a result of the cell death associated with certain diseases and that the structure of nucleosomes is altered in the chromosomes of cancer cells. VolitonRX’s technology evaluates the amount and types of nucleosomes present in the blood to provide accurate diagnosis. VolitionRX is currently in the process of developing a number of Nucleosomics™ tests for different types of nucleosomes and has Continued...

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