Argan, Inc. (AMEX:AGX) recently announced financial results for the nine months and three months ended October 31, 2010. For the nine months ended October 31, 2010, net revenues were $158.6 million compared to $189.2 million in the nine months ended October 31, 2009. Gemma Power Systems (Gemma) contributed $144.5 million, or 91% of net revenues in the first nine months of fiscal 2011, compared to $172.0 million, or 91% of net revenues in the first nine months of fiscal 2010.
Argan, Inc. (Argan) conducts operations through its wholly owned subsidiaries, Gemma Power Systems, LLC and affiliates (NYSE:GPS), Vitarich Laboratories, Inc. (VLI) and Southern Maryland Cable, Inc. (SMC).
Metalline Mining Company (AMEX:MMG) announced recently President and CEO Greg Hahn made a presentation on Metalline Mining Company and the current status of the Sierra Mojada project and Gabon Gold Joint Venture in the Growth Companies Session at the 116th Annual Convention of the Northwest Mining Association. Mr. Hahn is a Past President, former Trustee, and a Lifetime Member of the Northwest Mining Association and was an invited speaker.
Metalline Mining Company (Metalline) is an exploration-stage company. The Company is engaged in the business of mining. The Company owns mining concessions, which are located in the municipality of Sierra Mojada, Coahuila, Mexico (the Property).
GreenHouse Holdings, Inc., a leading provider of energy efficiency solutions and sustainable infrastructure products, today announced that it has been engaged to utilize Southern California Edison's (SCE) Automated Demand Response (Auto-DR) program in Gulfstream Aerospace Corporation's Long Beach, CA facility. GRHU is a qualified service provider of SCE's Auto-DR program, providing site assessment, feasibility studies, project development, engineering, and installation of enabling technologies and complete processing of all incentives.
The Auto-DR program offers significant financial incentives and technical support to SCE customers with automated load control systems that participate in demand response events. Auto-DR uses control systems to automatically achieve specified energy demand reductions (kW and duration) during periods of peak energy consumption. In utilizing the Auto-DR system, Gulfstream will reduce electric consumption during costly peak energy periods when the demand is highest. Additionally, the system provides Gulfstream the ability to reduce operating costs by curtailing the use and purchase of electricity. Gulfstream will then receive financial incentives from SCE.
"Auto-DR is just one of the innovative services Greenhouse offers to help our clients reduce energy consumption by deploying state-of-the-art technology," says Rob Davis, Vice President of GRHU. "We are truly honored to be selected by Gulfstream and we are looking forward to the Auto-DR project as the first of many services offered in support of Gulfstream's corporate energy stewardship initiatives. This project goes to the heart of Greenhouse's mission to deliver sustainable solutions that reduce energy consumption with a positive return on investment."
In other company news, GreenHouse Holdings, Inc. recently announced the results of operations for the third quarter of Fiscal Year 2010 and is providing a shareholder update.
"Management is pleased with our operational and financial growth," stated Chris Ursitti, CEO of GreenHouse Holdings. "Life Protection Inc. and the pending acquisition of Control Engineering, Inc. will provide the company with a strong foundation of growth while positioning us as a market leader within the energy efficiency and load reduction arena. In addition to expanding operations within the residential, commercial and governmental markets, we also anticipate expansion from our industrial clients as we deploy our Automated Demand Response products. We are confident that these developments will rapidly increase earnings, expand margins and allow us to achieve our ultimate goal of increased shareholder value."
To learn more about GRHU visit: http://www.greenhouseintl.com
Inovio Pharmaceuticals, Inc. (AMEX:INO) announced this month that an article describing 100% protection of non-human primates against a highly pathogenic monkeypox challenge after vaccination with its smallpox DNA vaccine has been published in The Journal of Infectious Diseases. Inovio’s DNA vaccine demonstrated strong antibody-based immune responses similar to that of the currently approved live viral vaccine (Dryvax).
Inovio Pharmaceuticals, Inc., formerly Inovio Biomedical Corporation, is engaged in the discovery, development, and delivery of vaccines, called deoxyribonucleic acid (DNA) vaccines, focused on cancers and infectious diseases. The Company’s SynCon technology enables the design of universal DNA-based vaccines
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