Research - GeoResearch

Tuesday, June 18, 2013

Ambicom Holdings (ABHI)

Comments & Business Outlook
MILPITAS, CA--(Marketwired - Jun 18, 2013) - AmbiCom Holdings, Inc. (OTCQB: ABHI), a leading designer and developer of wireless products for the medical and automotive industries, and a distributor of innovative healthcare products, today announced that it has received a $200,000 order for their WL54-CF WiFi cards to be used in the world's largest automotive manufacturer's diagnostic device found in automobiles. AmbiCom has supplied WiFi cards to…

General Steel Holdings (GSI)

Comments & Business Outlook
BEIJING, June 18, 2013 /PRNewswire/ -- General Steel Holdings, Inc. ("General Steel" or the "Company") (NYSE: GSI), a leading non-state-owned steel producer in China, today announced financial results for the third quarter ended September 30, 2012, fourth quarter of 2012 and full-year ended December 31, 2012. In conjunction with this announcement, the Company has filed the corresponding Quarterly Report on Form 10-Q…

Horizon Minerals Corp New Comm (HZNM)

Deal Flow
On March 25, 2013, Mr. Yan Ming Lui acquired an aggregate of 36,000,000 shares of our common stock from Mr. Ferrer in a private transaction not involving the issuer. As a result of this transaction, Mr. Lui became our majority shareholder. Also on March 25, 2013, our Board of Directors appointed Yan Ming Lui as a Director to fill a vacancy on the board. We then accepted the resignation of Mr. Ferrer from the offices of…

Montalvo Spirits (TQLA)

Comments & Business Outlook
NEW YORK, June 18, 2013 (GLOBE NEWSWIRE) -- Montalvo Spirits, Inc., (OTCQB:TQLA) ("Montalvo" or, the "Company") producers of award-winning brand Montalvo Tequila, announced today that the Company continues to meet its expansion plans having recently secured distribution in the states of Connecticut and Oregon. To continue its expansion into the Northeast, the Company has registered the brand with the State of Connecticut and has…

New Oriental (EDU)

Notable Share Transactions
BEIJING, June 18, 2013 /PRNewswire/ -- New Oriental Education and Technology Group Inc. (the "Company" or "New Oriental") (NYSE: EDU), the largest provider of private educational services in China, today announced the completion of the US$50 million share repurchase program authorized by its board of directors in April 2013. Under the program, the company repurchased 2,436,300 shares, representing approximately 1.5% of its outstanding…

Monday, June 17, 2013

Asia Entertainment (AERL)

Acquisition Activity
HONG KONG--(BUSINESS WIRE)--Asia Entertainment & Resources Ltd. (AERL) (NASDAQ: AERL), which operates through its subsidiaries and related promoter companies as a VIP room gaming promoter, today announced that it has completed due diligence in connection with its proposed acquisition of all of the outstanding interests and operations of the VIP gaming room at Level 1 of Le Royal Arc Casino located in NAPE, Macau. Subject to satisfaction of customary closing conditions,…

Au Optronics (AUO)

Comments & Business Outlook
HSINCHU, June 17,2013 /PRNewswire/ -- To meet the significant demand for residential solar products, BenQ Solar, the world's leading solar solution brand, announced today that it has successfully deployed high value-added and reliable total solutions for homeowners in the European solar market. BenQ Solar partnered with IRFTS, the specialist renowned for EASY ROOF EVOLUTION systems, to develop an exclusive building-integrated photovoltaics (BIPV) mounting systems, based on 20% high efficiency SunForte…

China Yuchai (CYD)

Regular Dividend News
SINGAPORE, June 17, 2013 /PRNewswire/ -- China Yuchai International Limited (NYSE: CYD) ("China Yuchai" or the "Company") announced today that a dividend of US$0.40 per ordinary share and a special dividend ofUS$0.40 per ordinary share for the year ended December 31, 2012 has been declared by its Board of Directors. The cash dividend will be paid on July 10, 2013 to shareholders of record as of the close…

Gain Capital Holdings (GCAP)

Comments & Business Outlook
BEDMINSTER, N.J., June 17, 2013 /PRNewswire/ -- GAIN Capital Holdings, Inc. (NYSE: GCAP, "GAIN" or "the Company") today reported certain operating metrics for the month of May 2013. Retail metrics Retail OTC trading volume[1] of $161.5 billion, an increase of 10.7% from April 2013 and an increase of 28.6% from May 2012. Average…

Himax Technologies (HIMX)

Emergence from Bankruptcy News
TAINAN, Taiwan, June 17, 2013 (GLOBE NEWSWIRE) -- Himax Technologies, Inc. (Nasdaq:HIMX) ("Himax" or "Company"), a supplier and fabless manufacturer of advanced display drivers and other semiconductor products, today declared a cash dividend of 25 cents per ADS, or 12.5 cents per ordinary share, for the year of 2012. The cash dividend is expected to be paid on July 31, 2013 to all the…

Kandi Technolgies Group (KNDI)

Comments & Business Outlook
JINHUA, China, June 17, 2013 (GLOBE NEWSWIRE) -- Kandi Technologies Group, Inc.(the 'Company' or 'Kandi'), today announced, on June 8th, 2013, Hangzhou City started the construction of its first pure electric vehicle (the "EV") smart vertical parking and charging facility in Gudang Technology Park of Xihu District to advance its planned five-year goal of establishing a mini-public transportation system which will include up to 100,…

L & L Energy (LLEN)

Comments & Business Outlook
SEATTLE, June 17, 2013 /PRNewswire/ -- L & L Energy, Inc. ("L&L" or the "Company"), a U.S.-based company with profitable energy (coal) operations in China, announced today that its common stock (NASDAQ: "LLEN") has been added to the Russell Global and 3000� Stock Indexes according to a preliminary list of additions posted by Russell Investments on June…

Linktone (LTON)

Comments & Business Outlook
FIRST QUARTER 2013 FINANCIAL Results Gross profit for the first quarter of 2013 was $3.7 million, 3% lower than fourth quarter 2012, while gross profit margin decreased to 32%. GAAP net loss increased to $3.8 million, or $0.09 per diluted ADS, in the first quarter of 2013, compared with GAAP net loss of $3.7 million, or $0.09 per diluted ADS, in the…

Prince Mexico Sa (LUVE)

Pump and Dump Watch
Disclosure: GeoInvesting is providing this information for your edification and in no way has any affiliation with any promoters and/or newsletters disseminating information on LUVE, nor is GeoInvesting being paid to post this information. At times, the GeoTeam may trade P&D's on a long or short basis, depending on how we feel the momentum of the stocks will be affected by the efforts of stock promoters and any ensuing dumps…

Wuxi Pharmatech (cayman) (WX)

Comments & Business Outlook
First-Quarter 2013 Financial Results Net Revenues Increased 11.7% Year Over Year to $131.9 Million GAAP Diluted Earnings Per ADS Grew 7.2% Year Over Year to $0.30 Non-GAAP Diluted Earnings Per ADS Increased 7.5% Year Over Year to $0.35 Company Reconfirms Full-Year 2013 Guidance Management Comment "I am pleased to announce that WuXi began 2013 with a solid first quarter,"…

Yongye Intl (YONG)

Comments & Business Outlook
BEIJING, June 17, 2013 /PRNewswire-FirstCall/ -- Yongye International, Inc. (NASDAQ: YONG) ("Yongye" or the "Company"), a leading developer, manufacturer, and distributor of crop nutrient products in the People's Republic of China ("PRC"), announced today that its common stock will resume trading on the NASDAQ Stock Market onMonday, June 17, 2013 at 7:15 a.m. Eastern Time. As…

Investor Alert
BEIJING, June 17, 2013 /PRNewswire-FirstCall/ -- Yongye International, Inc. (NASDAQ: YONG) ("Yongye" or the "Company"), a leading developer, manufacturer, and distributor of crop nutrient products in the People's Republic of China ("PRC"), announced today that its common stock will resume trading on the NASDAQ Stock Market on Monday, June 17, 2013 at 7:15 a.m. Eastern Time…

Friday, June 14, 2013

China Ming Yang Wind (MY)

CFO Trail
ZHONGSHAN, China, June 14, 2013 /PRNewswire/ -- China Ming Yang Wind Power Group Limited ("Ming Yang" or the "Company") (NYSE: MY), a leading wind turbine manufacturer in China, today announced that Mr. Vincent Pang has stepped down as Chief Financial Officer ("CFO") for personal reasons. Mr. Pang will be succeeded by Mr. Calvin Lau with immediate effect. Calvin Lau joined Ming Yang…

China Sunergy (CSUN)

Comments & Business Outlook
NANJING, China, June 14, 2013 /PRNewswire/ -- China Sunergy Co., Ltd. (NASDAQ: CSUN) ("China Sunergy" or "the Company"), a specialized solar cell and module manufacturer, today announced that it has begun shipping solar modules from its plant in Istanbul, Turkey, and will deliver a total of approximately 6.4MW from mid-June toAugust 2013 to a well-known French customer. China Sunergy currently has a…

Cleantech Solutions (CLNT)

Comments & Business Outlook
WUXI, China, June 14, 2013 /PRNewswire-FirstCall/ --Cleantech Solutions International, Inc. ("Cleantech Solutions" or "the Company") (NASDAQ: CLNT), a manufacturer of metal components and assemblies primarily used in the wind power, solar and other clean technology industries, today announced that the Company recently received five new patent certificates (Patent Nos. ZL 2012 2 0752919. 2, ZL 2012 2 0752924. 3, ZL 2012 2…

Himax Technologies (HIMX)

Deal Flow
TAINAN, Taiwan, June 13, 2013 (GLOBE NEWSWIRE) -- Himax Technologies, Inc. (Nasdaq:HIMX) ("Himax" or "Company"), a supplier and fabless manufacturer of advanced display drivers and other semiconductor products, today announced the pricing of an offering by selling shareholder Innolux Corporation ("Innolux") of 22,086,742 American Depositary Shares ("ADSs"), each representing two ordinary shares of the Company, at a public…

Lentuo Intl (LAS)

Comments & Business Outlook
First Quarter 2013 Financial Results Revenues decreased 7.4% to RMB700.5 million ($112.8 million), from RMB756.8 million in the first quarter 2012. Net loss was RMB8.1 million ($1.3 million), compared to net income of RMB16.8 million in the first quarter of 2012. Basic and diluted loss per ordinary share were RMB0.14 ($0.02) for the first quarter of 2013 compared to basic…

Oculus Innovative Sciences Inc (OCLS)

Comments & Business Outlook
Fourth Quarter 2013 Financial Results Total revenues were $3.3 million for the fourth quarter ended March 31, 2013, compared to $3.4 million for the same period in the prior year. Gross profit related to sales of Microcyn�-based products of approximately $2.2 million, or 69% of product revenues, during the three months ended March 31, 2013, compared to a gross profit of $2.1 million,…

Seaspan Corp (SSW)

Comments & Business Outlook
HONG KONG, CHINA--(Marketwired - June 13, 2013) - Seaspan Corporation (NYSE:SSW) announced today that it accepted delivery of a 4600 TEU containership, the MOL Excellence. The containership was constructed by Mitsubishi Heavy Industries Ltd. in 2003 and expands the Company's operating fleet to 70 vessels. The MOL Excellence is on charter to Mitsui O.S.K. Lines Ltd. ("MOL") under a two-year, fixed-rate time…

Simcere Pharmaceuticals (SCR)

Joint Venture
PRINCETON, N.J. and NANJING, China, June 14, 2013 /PRNewswire/ -- Bristol-Myers Squibb Company (NYSE: BMY) and Simcere Pharmaceutical Group (NYSE: SCR), a leading pharmaceutical company in China, today announced that the companies have expanded their strategic relationship formed in 2010. The companies have agreed to collaborate in China on the development and commercialization of the subcutaneous (SC) formulation of Bristol-Myers Squibb's biologic medicine, Orencia&#…

Synutra Intl (SYUT)

Comments & Business Outlook
Fourth Quarter 2013 Financial Results Net sales decreased 1% to $72.9 million for the fourth quarter of fiscal 2013 from $73.2 million in the third quarter of fiscal 2013. Gross profit was $28.3 million in the fourth quarter of fiscal 2013, compared to $31.5 million in the previous quarter. Net income attributable to common stockholders was $3.3 million in the fourth quarter of fiscal year 2013, or$0…

Velatel Global (VELA)

Comments & Business Outlook
VELATEL GLOBAL COMMUNICATIONS, INC. AND SUBSIDIARIES CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (Unaudited) >…

Visionchina Media (VISN)

Comments & Business Outlook
First Quarter of 2013 Financial Results Total revenues in the first quarter of 2013 were $17.1 million. Gross loss in the first quarter of 2013 was $5.1 million. Operating loss in the first quarter of 2013 was $14.4 million. Net loss attributable to VisionChina Media shareholders in the first quarter of 2013 was $14.6 million. Basic and diluted net loss per…

Thursday, June 13, 2013

Axesstel (AXST)

Comments & Business Outlook
SAN DIEGO, June 13, 2013 (GLOBE NEWSWIRE) -- Axesstel (OTCQB:AXST), a leading provider of wireless voice, broadband access and connected home solutions to the worldwide telecommunications market, provided updates on its sales leadership following the resignation of Henrik Hoeffner, its chief marketing officer, as well as its anticipated second quarter performance and full year 2013 outlook. Clark Hickock, the Company's chief executive officer, has been increasingly active in key…

B- Scada (MOBS)

Comments & Business Outlook
Second Quarter 2013 Results Reported Revenues of $440, 270, compared to $197, 508 for the same quarter of 2012. Reported Net Income of $197, 756, compared to a loss of $14, 685 for the same quarter of 2012. Reported EPS of $0.01, compared to $0.00 for the same quarter of 2012. "Sales of our existing SCADA products are strengthening,"…

China Automotive Systems (CAAS)

Legal Insights
WUHAN, China, June 13, 2013 /PRNewswire-FirstCall/ -- China Automotive Systems, Inc. ("CAAS" or the "Company") (NASDAQ: CAAS), a leading power steering components and systems supplier in China, today announced that, on May 31, 2013, the U.S. District Court for the Southern District of New York declined to certify a class of investors in a securities fraud class action suit against the Company. Due…

China Ming Yang Wind (MY)

Joint Venture
ZHONGSHAN, China, June 13, 2013 /PRNewswire/ -- China Ming Yang Wind Power Group Limited ("Ming Yang" or the "Company") (NYSE: MY), a leading wind turbine manufacturer in China, today announced that Guangdong Mingyang Wind Power Group Limited ("Guangdong Mingyang"), a subsidiary of Ming Yang, has signed a strategic cooperation agreement (the "Agreement") with China Nuclear Huineng Co., Ltd. (…

Deswell Industries (DSWL)

Comments & Business Outlook
Fourth Quarter ended March 31, 2013 We are confident, in spite of a challenging year, that we will be able to deliver improved performance in fiscal 2014 for our shareholders. Net sales for the fourth quarter ended March 31, 2013 were $9.5 million, a decrease of 22.0% compared to net sales of $12.2 million for the same quarter ended March 31, 2012. Net sales decreased by 1.8% to $4…

Mindray Medical (MR)

Acquisition Activity
SHENZHEN, China, June 13, 2013 /PRNewswire/ -- Mindray Medical International Limited (NYSE: MR), today announced a definitive agreement to acquire ZONARE Medical Systems, Inc. (ZONARE), an ultrasound technology leader in the high-end radiology segment for US$105 million. Mindray's management expects the deal to strengthen its high-end ultrasound R&D and U.S. sales capabilities, furthering the company's goal of becoming a leading provider of high-…

Spreadtrum Communications (SPRD)

Comments & Business Outlook
SHANGHAI, June 13, 2013 /PRNewswire-FirstCall/ -- Spreadtrum Communications, Inc. (NASDAQ: SPRD; "Spreadtrum" or the "Company"), a leading fabless semiconductor provider in China with advanced technology in 2G, 3G and 4G wireless communications standards, today updated its financial guidance for the second quarter ending June 30, 2013. The company now expects that its revenues will be between US$270 million and US$278 million, an increase of 42…

Visionchina Media (VISN)

Legal Insights
Total Damages Could Exceed US$108 million NEW YORK, June 13, 2013 /PRNewswire/ -- The Appellate Division of the New York State Supreme Court has granted partial summary judgment in favor of Gobi Partners and Oak Investment Partners in their breach of contract claims against VisionChina Media Inc. (Nasdaq: VISN) and its subsidiary ("VisionChina"). In the same ruling, the appellate court affirmed the dismissal of VisionChina's claims of fraud and reversed the…

Xun Energy (XNRG)

Comments & Business Outlook
PORTLAND, OR--(Marketwired - Jun 13, 2013) - Xun Energy, Inc., (OTCBB: XNRG) (XNRG) announced that the Company's operator, Vencedor Energy Partners (VEP), completed the 2nd and 3rd oil well pad for the Company's five oil well drilling and completions program on the Rice Lease in Venango County, PA. "The completion of the 2nd and 3rd oil well pads on the Rice Lease moves us…

Wednesday, June 12, 2013

Andatee China Marine Fuel (AMCF)

Investor Alert
Item 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing. Transfer of Listing to the NASDAQ Capital Market On June 11, 2013, Andatee China Marine Fuel Services Corporation (the "Company") received notification from the NASDAQ Listing Qualifications Department of the NASDAQ Stock Market ("NASDAQ") that the Company’s application to list its common stock on The NASDAQ Capital Market has been…

Ari Network Services (ARIS)

Comments & Business Outlook
Third Quarter 2013 Resutls Total revenue for the quarter was $8.2 million, a 44.0% increase over the third quarter of fiscal year 2012. Gross margin for the third quarter was 77.1%, versus 75.9% for the same period last year. NON-GAAP EPS for the third quarter was a loss of $0.03 vs earnings of $0.03 Roy W. Olivier, President and Chief Executive Officer of…

China Gengsheng Minerals (CHGS)

Resolution of Legal Issues
GONGYI, China, June 12, 2013 /PRNewswire-FirstCall/ -- China GengSheng Minerals, Inc. (NYSE MKT: CHGS) (the "Company" or "GengSheng"), a leading China-based high-tech industrial materials manufacturer producing heat-resistant, energy-efficient materials for a variety of industrial applications, today announced it received a letter from NYSE MKT LLC on June 6, 2013 notifying the Company that the Company has resolved the continued listing deficiency with respect…

Glg Life Tech Corp (GLGLF)

Comments & Business Outlook
VANCOUVER, British Columbia, June 12, 2013 (GLOBE NEWSWIRE) -- GLG Life Tech Corporation (TSX:GLG) ("GLG" or the "Company"), a vertically-integrated leader in the agricultural and commercial development of high quality stevia, announces the signing of a Letter of Intent ("LOI") with COFCO Nutrition and Health Research Institute Co Ltd. ("COFCO NHRI"), a 100% owned subsidiary of China National…

Innovative Designs (IVDN)

Comments & Business Outlook
INNOVATIVE DESIGNS, INC. CONDENSED STATEMENTS OF OPERATIONS Three and Six Month Periods Ended April 30, 2013 and 2012 (Unaudited) >…

Ossen Innovation Co (OSN)

Auditor trail
SHANGHAI, June 12, 2013 /PRNewswire-FirstCall/ -- Ossen Innovation Co., Ltd. ("Ossen" or the "Company") (NASDAQ: OSN), aChina-based manufacturer of an array of plain surface, rare earth and zinc coated pre-stressed steel materials, today announced that it has engaged BDO China Shun Lun Pan Certified Public Accountants LLP ("BDO China Shu Lun Pan") as the Company's independent registered accounting firm effective…

Polydex Pharmaceuticals (POLXF)

Comments & Business Outlook
First Quarter Fiscal 2014 Results Reported sales of $1.44 million, compared to $1.20 milliion for the same quarter of 2012. Reported EPS of $0.08, compared to a loss of $0.04 for the same quarter of 2012. The Company has emerged as a trusted supplier of high quality dextran products around the world, resulting in growing sales and a return to profitability. The plant is operating smoothly, with Management closely monitoring production processes…

Rf Industries (RFIL)

Comments & Business Outlook
Second Quarter 2013 Results Record second quarter net sales of $9.2 million, an increase of 37%, compared to $6.7 million in the same quarter of fiscal 2012. Net income for the second quarter of fiscal 2013 was $1.2 million, or $0.15 per basic and $0.14 per diluted share, compared to net income of $0.6 million or $0.09 per basic and $0.08 per diluted…

Silvercorp Metals Inc (SVM)

Comments & Business Outlook
VANCOUVER, BRITISH COLUMBIA--(Marketwired - June 11, 2013) - Silvercorp Metals Inc. ("Silvercorp" or the "Company") (TSX:SVM) (NYSE:SVM) is pleased to report the results from its 2012 underground tunneling and diamond drilling exploration program at the HPG mine, Ying Mining District, Henan Province, China. Highlights of selected mineralization zones exposed in underground tunnels: Drift PD2-530-H16-NYM1 at the 530…

Tuesday, June 11, 2013

Astronics (ATRO)

Acquisitions
EAST AURORA, N.Y., May 28, 2013 (GLOBE NEWSWIRE) -- Astronics Corporation (Nasdaq:ATRO), a leading provider of advanced technologies for the global aerospace and defense industries, today announced that it has entered into a definitive agreement to acquire the outstanding shares of PECO Inc. (PECO) for approximately $136 million in cash. The agreement is expected to close in late June 2013, and is subject to certain conditions, including…

Empowered Products (EMPO)

Contract Awards
LAS VEGAS, June 11, 2013 /PRNewswire/ -- Empowered Products, Inc. (EMPO), an emerging leader in the high-growth sexual wellness sector through its award-winning PINK and GunOil brands, announces that Rite Aid has placed initial orders for Empowered Products' PINK� Silicone feminine lubricant for placement in 4,548 U.S. stores and PINK Water feminine lubricant for placement in 3,705 U.S. stores. Rite Aid anticipates that the products…

Fuqi Intl (FUQI)

Investor Alert
8k 6/11/2013 On December 21, 2012, Fuqi International, Inc. (the “Company”) reported that the Company had received a “Wells Notice” from the Staff of the Securities and Exchange Commission (the “SEC”) indicating its intent to recommend to the SEC that it institute a public administrative proceeding against the Company pursuant to Section 12(j) of the…

General Steel Holdings (GSI)

Comments & Business Outlook
BEIJING, June 11, 2013 /PRNewswire/ -- General Steel Holdings, Inc. ("General Steel" or the "Company") (NYSE: GSI), a leading non-state-owned steel producer in China, today announced financial results for the first quarter ended March 31, 2012 and the second quarter ended June 30, 2012. In conjunction with this announcement, the Company has filed the corresponding Quarterly Reports on Form 10-Q with the U.S…

Ldk Solar Co (LDK)

Comments & Business Outlook
First Quarter 2013 Financial Results Net sales for the first quarter of fiscal 2013 were $104.3 million, compared to $135.9 million for the fourth quarter of fiscal 2012, and$200.1 million for the first quarter of fiscal 2012. Gross loss for the first quarter of fiscal 2013 was $59.5 million, compared to gross loss of $97.0 million in the fourth quarter of fiscal 2012, and gross loss of…

Mac-Gray (TUC)

Shareholder Letters
Moab Capital Partners issues a Letter to the Mac-Gray Corporation Board of Directors in a 13D filing dated November 14, 2011 Letter to the Board of Directors November 10, 2011 Board of Directors Mac-Gray Corporation 404 Wyman Street Suite 400 Waltham, MA 02451 Ladies and Gentlemen: Affiliates of Moab Capital Partners, LLC currently hold 1,117,600 shares of common stock of Mac-…

Mfri (MFRI)

Comments & Business Outlook
First Quarter 2013 Results The Company's sales from continuing operations for the quarter increased 30% to $57.7 million from $44.5 million in the prior-year quarter. EPS from continuing operations were $0.28 in the first quarter 2013 vs a loss of $0.38 in the prior year period. The Company's backlog on April 30, 2013 was approximately $145 million, a slight increase from the prior quarter but almost…

Signature Group Holdings (SGGH)

Comments & Business Outlook
From 4/1/2013 10K Business Strategy Our business strategy is to acquire controlling interests in operating companies that leverage the unique strengths of our platform, including our status as a public company, our unique tax assets, and the experience of our management and Board. We plan to focus on companies that are highly profitable and will be accretive to earnings immediately, and where we hope to increase annual cash flows relative to what might be generated by private equity firms and…

Smartheat (HEAT)

Comments & Business Outlook
SMARTHEAT INC. AND SUBSIDIARIESCONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS >…

Monday, June 10, 2013

Air Industries Group (AIRI)

Up-Listing Watch
BAY SHORE, NY--(Marketwired - Jun 10, 2013) - Air Industries Group, Inc. (OTCQB: AIRI) (OTCBB: AIRI) today announced that its common stock has been approved for listing on the NYSE MKT, the premier U.S. equities market for listing and trading of small growth companies. Trading is expected to commence on the NYSE MKT on Wednesday, June 12, 2013, under the ticker symbol "AIRI"…

Camelot Information (CIS)

Comments & Business Outlook
First-Quarter Financial Results: Net revenues were $59.6 million in the first quarter of 2013, as compared to $57.1 million in the same period in 2012 Gross profit was $11.8 million, as compared to $12.7 million in the same period in 2012 Loss from operations was $3.8 million, as compared to a loss from operations of $1.6 million in the same period in 2012. Adjusted operating…

Canadian Solar (CSIQ)

Comments & Business Outlook
GUELPH, Ontario, June 10, 2013 /PRNewswire-FirstCall/ -- Canadian Solar Inc. (NASDAQ: CSIQ) (the "Company", or "Canadian Solar"), one of the world's largest solar power companies, today announced that its subsidiary, Canadian Solar Solutions Inc., has entered into an Engineering, Procurement, and Construction (EPC) agreement with Grand Renewable Solar LP, a solar energy project developed by Samsung Renewable Energy Inc.for…

China Biologic Products (CBPO)

Comments & Business Outlook
BEIJING, June 10, 2013 /PRNewswire-FirstCall/ -- China Biologic Products, Inc. (Nasdaq: CBPO, "China Biologic" or the "Company"), a leading fully integrated plasma-based biopharmaceutical company in China, today announced that the Company has waived the application of its Preferred Shares Rights Agreement dated as of November 20, 2012 (the "Rights Agreement") to the RAAS SPA (as defined below). On May 21,…

China Ceramics Co (CCCL)

Regular Dividend News
JINJIANG, Fujian Province, China, June 10, 2013 /PRNewswire/ -- China Ceramics Co., Ltd. (NASDAQ Global Market: CCCL) ("China Ceramics" or the "Company"), a leading Chinese manufacturer of ceramic tiles used for exterior siding and for interior flooring and design in residential and commercial buildings, today announced its first semi-annual cash dividend payment to its shareholders of$0.10 per share. The first announced cash dividend will…

Chipmos Technologies (IMOS)

Comments & Business Outlook
HSINCHU, Taiwan, June 10, 2013 /PRNewswire-FirstCall/ -- ChipMOS TECHNOLOGIES (Bermuda) LTD. ("ChipMOS" or the "Company'') (NASDAQ: IMOS) today reported its unaudited consolidated revenue for the month of May 2013. Revenue for the month of May 2013 was NT$1,646.6 million or US$55.0 million, an increase of 4.6% from the month of April 2013 and an increase of 1.7%…

Elong (LONG)

CFO Trail
BEIJING, June 8, 2013 /PRNewswire/ -- eLong, Inc. (Nasdaq: LONG), a leading online travel company in China, today announced the appointment of Rong Luo as the Company's Chief Financial Officer, effective June 8, 2013 (Beijing Time). Prior to joining eLong, Mr. Luo was finance senior manager (China) for the Lenovo Group, and, prior to Lenovo, held a number of positions in Beijing and…

Exide Technologies (XIDE)

Investor Alert
MILTON, Ga., June 10, 2013 /PRNewswire/ --Exide Technologies, (Nasdaq: XIDE), a global leader in stored electrical solutions, announced today that it has filed a voluntary petition for reorganization pursuant to U.S. federal restructuring laws in order to facilitate the financial and operational restructuring necessary to strengthen its balance sheet and its business to position the Company for future success. The petition was filed in the District of Delaware. Only Exide…

Gigamedia (GIGM)

Comments & Business Outlook
TAIPEI, Taiwan, June 10, 2013 /PRNewswire/ -- GigaMedia Limited (NASDAQ: GIGM) announced today positive initial results from an internal restructuring completed in May, a key part of new management's turnaround plans for its online games business. Management's plans to strengthen the financial performance of GigaMedia's FunTown online games operations include the following: 1) a new strategic focus on casual, self-developed games; 2) an internal restructuring of operations;…

Sgoco Group (SGOC)

Comments & Business Outlook
First Quarter 2013 Financial Results Quarterly revenues increased 58.0% to $54.5 million, as compared to $34.5 million year-over-year Gross profit increased by 39.6% to $3.7 million, as compared to $2.7 million year-over-year Net income increased 87.5% to $1.7 million, as compared to $0.9 million year-over-year Basic and diluted earnings per share were $0…

Wizard World (WIZD)

Comments & Business Outlook
First Quarter 2013 Results Convention revenue was $1,793,476 for the three months ended March 31, 2013, as compared to $520,155 for the comparable period ended March 31, 2012, an increase of $1,273,321. Income (loss) from operations for the three months ended March 31, 2013, was $126,092 as compared to a loss of $355,024 for the three months ended March 31, 2012…

Friday, June 7, 2013

Ambow Education Holdings (AMBO)

Comments & Business Outlook
BEIJING, June 7, 2013 /PRNewswire/ -- Ambow Education Holding Ltd. ("Ambow" or the "Company" NYSE: AMBO), a leading national provider of educational and career enhancement services in China, today announced that, on June 7, 2013, Beijing Ambow Online Software Co., Ltd., ("Ambow Online"), the Company's wholly owned subsidiary in China, entered into a strategic cooperation agreement (the "Strategic…

Au Optronics (AUO)

Comments & Business Outlook
HSINCHU, June 7, 2013 /PRNewswire/ -- AU Optronics Corp.("AUO" or the "Company") (TAIEX: 2409; NYSE: AUO) today announced its preliminary consolidated May 2013 revenue of NT$38,300 million, up by 3.5% month-over-month, a recent record high, and increased by 22% year-over-year…

China Botanic (CBPI)

Investor Alert
HARBIN, China, June 7, 2013 /PRNewswire/ -- China Botanic Pharmaceutical Inc. (AMEX: CBP) (formerly Renhuang Pharmaceuticals, Inc.) ("China Botanic" or the "Company"), a developer, manufacturer and distributor of botanical products, bio-pharmaceuticals and traditional Chinese medicines ("TCM") in China, announced today that on June 5, 2013, the Company submitted a notice to the NYSE MKT LLC (the "…

Daqo New Energy (DQ)

Comments & Business Outlook
First Quarter 2013 Financial Results Revenues were $14.5 million, compared to $6.2 million in the fourth quarter of 2012 and $32.0 million in the first quarter of 2012. Gross loss was $12.9 million, compared to $11.1 million in the fourth quarter of 2012 and $9.9 million in the first quarter of 2012. Gross margin was negative 89.0%, compared to negative 178.5% in…

Jinkosolar Holdings (JKS)

Comments & Business Outlook
First Quarter 2013 Financial Results Total revenues were RMB1.16 billion (US$187.3 million), representing a decrease of 0.3% from the fourth quarter of 2012 and an increase of 9.7% from the first quarter of 2012. Gross margin was 12.7%, compared with 3.8% in the fourth quarter of 2012 and 0.7% in the first quarter of 2012. Loss from operations was RMB16.8million (US$2…

Mastech Holdings (MHH)

Investor Presentations
GeoBargain $MHH will be presenting at the Sidoti's Micro Investor Conference in New York today. Here is a copy of the investor presentation that MHH will be presenting. Two of the key highlights from the presentation is that MHH expects to grow revenues at + 1.5 times the industry average, which is forcasted for 9% in 2013 and that the company expects operating margins of +6% of revenues which would be a nice increase from first quarter…

Sparton (SPA)

Acquisition Activity
SCHAUMBURG, Ill.--(BUSINESS WIRE)--Sparton Corporation (NYSE: SPA) announces that its wholly owned subsidiary, Sparton Electronic Devices, LLC completed the acquisition of certain assets of Creonix, a $12 million revenue business, on June 6, 2013 in an all-cash transaction. Creonix, located in Bradenton, Florida, primarily manufactures complex electromechanical devices and engineers and manufactures cables and wire harnesses for the Industrial and Military & Aerospace markets,…

Sunrise Real Estate Developmen (SRRE)

Comments & Business Outlook
SUNRISE REAL ESTATE GROUP, INC. AND SUBSIDIARIES CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) (Expressed in U.S. Dollars) >…

Yingli Green Energy (YGE)

Comments & Business Outlook
BAODING, China, June 7, 2013 /PRNewswire/ -- Yingli Green Energy Holding Company Limited (NYSE: YGE) ("Yingli Green Energy" or the "Company"), the world's largest vertically integrated photovoltaic ("PV") manufacturer, which markets its products under the brand "Yingli Solar," today announced that the Company's PV modules have passed the Blowing Sand Test ("the Test") conducted in SGS's Solar Test…

Youku Tudou (YOKU)

Joint Venture
BEIJING, June 7, 2013 /PRNewswire/ -- Youku Tudou Inc. (NYSE: YOKU), China's leading Internet television company ("Youku Tudou"), today announced a strategic content-sharing alliance with SINA Corporation ("SINA"), an online media company serving China and the global Chinese communities. Under the deal, in exchange for access to Youku Tudou's video library, Sina will leverage their PC and mobile platform to promote Youku Tudou'…

Thursday, June 6, 2013

Asia Entertainment (AERL)

Deal Flow
(BUSINESS WIRE) - Through its subsidiaries and related companies operating in Macau VIP gaming room gaming promoters Asia Entertainment & Resources Ltd. ("AERL") (NASDAQ: AERL) announced today , has started the company previously announced rights issue, and the U.S. Securities and Exchange Commission ("SEC") filed a prospectus for the rights issue supplemental material. If there is no extension of the rights issue will be New York time at…

China Housing & Land (CHLN)

Auditor trail
XI'AN, China, June 6, 2013 /PRNewswire/ -- China Housing & Land Development, Inc. ("China Housing" or the "Company"; Nasdaq: CHLN) today announced that the Company has engaged MNP LLP as its independent auditor. China Housing was informed by its independent registered public accounting firm, MSCM LLP, ("MSCM"), that it has combined certain of its practice with MNP LLP effective June 1,…

Giant Interactive Group (GA)

Direct Offering
SHANGHAI, June 6, 2013 /PRNewswire-FirstCall/ -- Giant Interactive Group Inc. (NYSE: GA) ("Giant" or the "Company"), one of China's leading online game developers and operators, announced today that Vogel Holding Group Limited ("Selling Shareholder"), an affiliate of Mr. Yuzhu Shi, the chairman of Giant, has agreed to sell 11,000,000 American depositary shares ("ADSs") at a price…

Isoftstone Holdings (ISS)

Going Private News
BEIJING, June 6, 2013 /PRNewswire/ -- iSoftStone Holdings Limited ("iSoftStone" or the "Company") (NYSE: ISS), a leading China-based IT services provider, today announced that its Board of Directors has received a preliminary non-binding proposal letter, dated June 6, 2013, from Mr. Tianwen Liu, the Company's CEO and the chairman of its Board of Directors, and ChinaAMC Capital Management Limited, an alternative investment platform…

Jiayuan.com Intl (DATE)

Comments & Business Outlook
First Quarter 2013 Financial Results Net revenues for the first quarter 2013 were RMB111.5 million (US$18.0 million), a year-over-year increase of 27.6%. Operating income for the first quarter 2013 was RMB9.4 million (US$1.5 million), with an increase of 139.1% compared to operating income of RMB3.9 million for the corresponding quarter of 2012. The increase in operating income was a result of strong…

Mfri (MFRI)

Comments & Business Outlook
Full Year 2012 Results Net sales were $212 million in 2012, a decrease of 9% from $233.5 million in 2011. Before non-cash charges described above, the net loss was $4.5 million compared to net loss of $5 million in 2011 Backlog- The Company's backlog on January 31, 2013 was $148 million, up 78% from the prior year. Additionally, since January 31, 2013,…

Oculus Innovative Sciences Inc (OCLS)

Comments & Business Outlook
PETALUMA, Calif., June 6, 2013 (GLOBE NEWSWIRE) -- Oculus Innovative Sciences (Nasdaq:OCLS) announced today that the company has entered into two key agreements, which establish the license and supply as well as shared services with its wholly owned subsidiary, Ruthigen, Inc., which is focused on the discovery, development, and commercialization of pharmaceutical-grade hypochlorous acid-based therapeutics. The company expects to negotiate and enter into a third agreement (…

Selectica (SLTC)

Comments & Business Outlook
SAN MATEO, CA--(Marketwired - Jun 6, 2013) - Selectica (NASDAQ: SLTC, a provider of software that accelerates sales cycles and streamlines contract processes, today announced that it has partnered with Seal Software Group, a provider of solutions to discover, capture, extract and manage contracts. The partnership will provide customers with a faster, more efficient way to load their organization-wide contracts into Selectica Contract Lifecycle Management (CLM) and drive immediate value…

Semileds (LEDS)

Comments & Business Outlook
CHUNAN, Taiwan, June 5, 2013 (GLOBE NEWSWIRE) -- SemiLEDs Corporation (Nasdaq:LEDS), the world leader in vertical UV-LED technology solutions, today announced the release of two new product families, the 10-watt high-power N9 series, and the 0.17 to 0.50-watt mid-power P50N series. Both product families take advantage of SemiLEDs unique patented vertical LED structure that delivers superior performance in directional industrial applications, such as printing, coating and…

Tungsten (TUNG)

Pump and Dump Watch
Disclosure: GeoInvesting is providing this information for your edification and in no way has any affiliation with any promoters and/or newsletters disseminating information on TUNG, nor is GeoInvesting being paid to post this information. At times, the GeoTeam may trade P&D's on a long or short basis, depending on how we feel the momentum of the stocks will be affected by the efforts of stock promoters and any ensuing dumps…

Unilife (UNIS)

Comments & Business Outlook
DANBURY, Conn., June 6, 2013 (GLOBE NEWSWIRE) -- Biodel Inc. (Nasdaq:BIOD) today announced plans to submit a New Drug Application (NDA) to the FDA in 2015 for a novel glucagon rescue device to treat severe hypoglycemia. Having previously signed a long-term commercial supply agreement for bulk glucagon, Biodel expects to select a final formulation of its novel glucagon therapy and appoint a contract manufacturing partner during the current calendar quarter…

Zuoan Fashion (ZA)

Comments & Business Outlook
First Quarter 2013 Financial Results Revenues in the first quarter of 2013 were RMB296.3 million ($47.7 million), an increase of 5.8% from RMB279.9 million in the same quarter of 2012. Gross profit in the first quarter increased 3.3% year over year to RMB135.5 million ($21.8 million) from RMB131.1 million in the same quarter of 2012. Gross margin was 45.7% compared to 46…

Wednesday, June 5, 2013

Autonavi Holdings (AMAP)

Notable Share Transactions
BEIJING, June 5, 2013 (GLOBE NEWSWIRE) -- AutoNavi Holdings Limited ("AutoNavi" or the "Company") (Nasdaq:AMAP), a leading provider of digital map content and navigation and location-based solutions in China, today announced that its Board of Directors has authorized a share repurchase program. AutoNavi has been authorized, but not obligated, by its board of directors to repurchase up to 2.5 million of the Company's American depositary shares…

Biozoom (BIZM)

Pump and Dump Watch
Disclosure: GeoInvesting is providing this information for your edification and in no way has any affiliation with any promoters and/or newsletters disseminating information on BIZM, nor is GeoInvesting being paid to post this information. At times, the GeoTeam may trade P&D's on a long or short basis, depending on how we feel the momentum of the stocks will be affected by the efforts of stock promoters and any ensuing dumps…

Giant Interactive Group (GA)

Notable Share Transactions
SHANGHAI, June 4, 2013 /PRNewswire-FirstCall/ -- Giant Interactive Group Inc. (NYSE: GA) ("Giant" or the "Company"), one ofChina's leading online game developers and operators, announced today that Vogel Holding Group Limited ("Selling Shareholder"), an affiliate of Mr. Yuzhu Shi , the chairman of Giant, had commenced an underwritten public offering of 15,137,853 American Depositary Shares, or ADSs, held…

Huayue Electronics (HUAY)

Auditor trail
> On June 1, 2013 the Board of Directors of Huayue Electronics, Inc. dismissed GZTY CPA Group, LLC from its position as the principal independent accountant for Huayue Electronics, Inc. There is no audit committee of the Board of Directors. The audit report of GZTY CPA Group, LLC on Huayue Electronics, Inc.’s financial statements for the years ended May 31, 2012 and 2011 did not contain any…

Kandi Technolgies Group (KNDI)

Comments & Business Outlook
JINHUA, China, June 5, 2013 (GLOBE NEWSWIRE) -- Kandi Technologies Group, Inc. (the 'Company' or 'Kandi') (Nasdaq:KNDI), today announced that JL7001BEV, the first pure electric sedan jointly developed by Kandi and Geely Automobile Holdings Ltd. (Hong Kong Stock Exchange, Stock Code: 175) (the "Geely"), has been approved by Ministry of Industry and Information Technology of the People's Republic of…

Keyuan Petrochemicals (KEYP)

Comments & Business Outlook
Full Year 2012 Financial Results Keyuan sales for the year ended December 31, 2012 were $750.6 million compared to sales of $626.7 million for the year endedDecember 31, 2011, an increase of $123.9 million, or 19.8%. Gross profit for the year ended December 31, 2012 was $29.1 million, compared to $22.0 for the year ended December 31, 2011. Keyuan's gross…

Lentuo Intl (LAS)

Joint Venture
BEIJING, June 5, 2013 /PRNewswire/ -- Lentuo International Inc. (NYSE: LAS) ("Lentuo" or the "Company"), a leading non-state-owned automobile retailer headquartered in Beijing, today announced that it has received approval from the Beijing government for its joint venture ("JV") with Itochu Corporation. The approval was granted by the Beijing Municipal Commission of Commerce ("BMCC") in May, 2013. The…

Lightinthebox Holding Co Ltd (LITB)

IPO Activity
This is the initial public offering of LightInTheBox Holding Co., Ltd., or LightInTheBox. We are offering 8,300,000 American Depositary Shares, or ADSs. Each ADS represents two ordinary shares, par value $0.000067 per share. We expect that the initial public offering price of the ADSs will be between $8.50 and $10.50 per ADS. Company Snapshot: LightInTheBox is a global online retail company that delivers products directly to consumers around the…

Longwei Petroleum (LPIH)

Auditor trail
Item 4.01 Change in Registrant’s Certifying Accountant. On May 30, 2013, Anderson Bradshaw PLLC (“Anderson Bradshaw”) resigned as Longwei Petroleum Investment Holding Limited’s (the “Company”) independent registered public accounting firm. During the fiscal years ended June 30, 2012 and 2011, Anderson Bradshaw’s reports on the Company's financial statements did not contain an adverse opinion or…

Norstra Energy (NORX)

Pump and Dump Watch
Disclosure: GeoInvesting is providing this information for your edification and in no way has any affiliation with any promoters and/or newsletters disseminating information on NORX, nor is GeoInvesting being paid to post this information. At times, the GeoTeam may trade P&D's on a long or short basis, depending on how we feel the momentum of the stocks will be affected by the efforts of stock promoters and any ensuing dumps…

Novus Acquisition & Developmen (NDEV)

Pump and Dump Watch
Disclosure: GeoInvesting is providing this information for your edification and in no way has any affiliation with any promoters and/or newsletters disseminating information on NDEV, nor is GeoInvesting being paid to post this information. At times, the GeoTeam may trade P&D's on a long or short basis, depending on how we feel the momentum of the stocks will be affected by the efforts of stock promoters and any ensuing dumps…

Rjd Green Inc Common (RJDG)

Pump and Dump Watch
Disclosure: GeoInvesting is providing this information for your edification and in no way has any affiliation with any promoters and/or newsletters disseminating information on TAUG, nor is GeoInvesting being paid to post this information. At times, the GeoTeam may trade P&D's on a long or short basis, depending on how we feel the momentum of the stocks will be affected by the efforts of stock promoters and any ensuing dumps…

Solitron Devices (SODI)

Comments & Business Outlook
BACKLOG as of February 29, 2012The Company’s order backlog, which consists of semiconductor and hybrid related open orders, more than 97% of which is scheduled for delivery within 12 months, was approximately $7,685,000 at February 28, 2013, as compared to $5,990,000 as of February 29, 2012. For the years ended February 28, 2013 and February 29, 2012, the entire backlog consisted of orders for electronic components…

Sutor Tech Group (SUTR)

Comments & Business Outlook
CHANGSHU, China, June 5, 2013 /PRNewswire-FirstCall/ -- Sutor Technology Group Limited (the "Company" or "Sutor") (Nasdaq:SUTR), a leading China-based manufacturer and distributor of high-end fine finished steel products and welded steel pipes used by a variety of downstream applications, today announced Ningbo Zhehua Heavy Steel Pipe Manufacturing Co., Ltd. ("Ningbo Zhehua"), a subsidiary of Sutor, had entered into a partnership…

Yingli Green Energy (YGE)

Company Rebuttal
BAODING, China, June 5, 2013 /PRNewswire/ -- Yingli Green Energy Holding Company Limited (NYSE: YGE) ("Yingli Green Energy" or the "Company"), a leading solar energy company and one of the world's largest vertically integrated photovoltaic manufacturers, which markets its products under the brand " Yingli Solar ," today commented on the imposition of preliminary anti-dumping duties by the European Commission targeting solar products originating in China as…

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