Message: AGORACOM Small Cap TV - April 25th - Highlights
Good morning to you all. Please find enclosed a summary of the breaking small-cap and micro-cap financial news we highlighted on AGORACOM Small Cap TV this morning. It’s April 25TH, 2011, and we’ve found 5 great press releases to report on at the open. Another great day for small-cap and micro-cap financial news. To watch the show live every morning at 9:30 AM, visit our front page.
China Forestry Industry Group Reports Fourth Quarter and Fiscal Year 2010 Financial Results
China Forestry Industry Group, Inc. (OTC Bulletin Board: CNFI) ("China Forestry" or the "Company"), a company involved in the production and sale of floor materials and related products to residential and commercial customers in China through its subsidiaries Aosen Forestry and Silvan Flooring, announced its financialresults for the fourth quarter and fiscal year 2010 ended December 31, 2010 on April 15, 2011.
Fourth Quarter 2010 Highlights
Revenue grew 206.1% year-over-year to $11.3 million
Gross profit increased 164.8% to $3.1 million, from $1.2 million in the fourth quarter of fiscalyear 2009
Operating income was $2.6 million, an increase of 159.0% compared to $1.0 in the year-ago period
Net income increased 169.2% to $2.1 million, or $0.08 per diluted share, as compared to approximately $0.8 million, or $0.04 per diluted share a year ago
Full Year 2010 Highlights
Revenue increased 178.8% to $37.0 million, from $13.3 million in 2009
Gross profit increased 257.1% to $11.7 million
Gross margin increased 695 basis points to 31.7%, from 24.8% in 2009
Operating income increased 288.4% to $10.0 million
Operating margin increased to 27.1%, from 19.5%
Net income increased 313.7% to $9.3 million, or $0.42 per diluted share, as compared to $2.2 million or $0.11 per diluted share in 2010.
About China Forestry Industry Group, Inc.
China Forestry Industry Group, Inc., through its operating subsidiaries, Aosen Forestry and Silvan Flooring, is involved in the production and sale of floor materials and related products to residential and commercial customers in China. The Company's product lines include laminate flooring and fiber floor boards which are manufactured in a variety of colors, dimensions and designs.
Last Trade: 3.4052 Week: 3.50 – 1.01Market Cap: 102 Million
CalAmp Awarded $1.7 Million Contract to Upgrade Mobile Data Communications Network for Halton Regional Police Service, Ontario, Canada
CalAmp Corp. (NASDAQ: CAMP), a leading provider of wireless products, services and solutions, announced today it has been selected by the Halton Regional Police Service, Ontario, Canada to upgrade the Region's mobile data network used by public safety personnel. The contract is valued at approximately US$1.7 million and is scheduled to be completed in CalAmp's fiscal 2012.
About CalAmp
CalAmp develops and markets wireless communications solutions that deliver data, voice and video for critical networked communications and other applications. The Company's two business segments are Wireless DataCom, which serves utility, governmental and enterprisecustomers, and Satellite, which focuses on the North American Direct Broadcast Satellite market.
Last Trade: 3.1952 Week: 3.39 – 1.96Market Cap: 89.78 Million
Torex Gold Resources Inc.: Initial Step Out Drilling at Guajes West Intersects High Grade Gold and Indicates It Joins With Guajes East
Torex Gold Resources Inc TXG--
announced today that the initial step out drilling at its Guajes West deposit on the Company's 100% owned Morelos Gold Project in Mexico encountered high grade gold mineralization beyond the deposit's known northeast resource boundary and infill drilling continues to expand and confirm the known high grade portion of the Guajes West deposit. The boreholes being reported today were completed prior to the temporary suspension of drilling announced March 24, 2011.
The initial step out drilling at the Guajes West deposit include 2.63g/t Au over 31.0m from borehole TMP-1003 which also included 13.22g/t Au over 3.0m, and 2.21g/t Au over 20.3m from borehole TMP-1021 which also included 4.28g/t Au over 9.57m (see Figure 1 and 2 and Table 1 for drill details). This drilling indicates the Guajes West deposit is open to the northeast toward the Guajes East deposit and that the joining of the two Guajes deposits over a distance of 350 metres could significantly add to the properties' global gold resource.
Torex Gold Resources Inc. is a well funded, growth-oriented, Canadian mining company engaged in the exploration and development of precious metal resources with a focus on gold. It owns 100% of the Morelos Gold Project, an advanced stage gold exploration property, located 180km southwest of Mexico City in the highly prospective Morelos Gold Belt. The project covers an area of 29,000ha of which more than 75% remains unexplored.
Last: 1.94Range: 2.39-0.90Market Cap: 670 million
"We are glad to see the restart of Bucko Lake Mine operation after six-month's suspension," Kevin Zhu, Interim CEO and Director of the Company commented. "On behalf of the Board, we appreciate the patience and continued support of our shareholders, employees, and suppliers as we have been working diligently to bring the Bucko Lake Mine back into production. With our own new mining equipment and mining crews in place, we believe that we can achieve full production at Bucko Lake Mine in three-month's time."
About Crowflight Minerals Inc.
Crowflight Minerals Inc. (TSX: CML) is a Canadian junior mining company that owns and operates the Bucko Lake Nickel Mine near Wabowden, Manitoba. The Company also holds nickel, copper and Platinum Group Mineral (PGM) projects in the Thompson Nickel Belt and Sudbury Basin.
Contacts: Crowflight Minerals Inc. Derek Liu CFO and Corporate Secretary 778-372-1806 604-254-8863 (FAX) www.crowflight.com
Last: 0.08Range: 0.21-0.045Market Cap: 120million
Intertainment's Ortsbo Real Time Translator Accelerates With 13.1 Million Unique Monthly Users
Intertainment Media Inc INT
Intertainment Media Inc.(TSX VENTURE: INT)(OTCBB: ITMTF)(FRANKFURT: I4T)
announces that its social media, real time, language translation platform, Ortsbo.com (www.ortsbo.com), continues to accelerate, reaching 13.1 Million Unique Monthly Users, month over month for the period ended April 25, 2011. Since launch in late July 2010, Ortsbo has recorded over 183 Million minutes of User Engagement, over 129 Million Page Views, approximately 40 Million Unique Users and in excess of 58 Million Online Sessions. All of the Ortsbo performance metrics are validated independently through 3rd party verification including Google Analytics.
In the past week, Ortsbo has generated over 17 Million minutes of User Engagement, 12.9 Million Page Views, 6.2 Million Online Sessions and 4.8 Million Unique Users, a new record of Unique Users.
According to Google Analytics reports, over 80% of users visit Ortsbo web sites directly and are not using search engines or third party referrals. With over 110,000 Facebook Fans, over 15,000 joining this week, and over 12,500 Twitter followers, the Company continues to experience viral growth opportunities.
Intertainment Media owns and operates a number of key properties including Ad Taffy, itiBiti, Ortsbo and Magnum. For more information on the Company and its properties, please visit www.intertainmentmedia.com
Last: 1.51Range: 3.35-0.08Market Cap: 189million
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