Gencor Industries Inc. (Nasdaq:GENC) announced results of operations for fiscal year ended September 30, 2010, reporting net income of $3.0 million ($.31 per diluted share), compared to a net loss of $2.6 million (a negative $.27 per diluted share) for the year ended September 30, 2009. Net revenue for the year ended September 30, 2010 was $55.6 million compared to $56.8 million for the prior year. The loss from operations for the year ended September 30, 2010 was $3.0 million, compared to an operating loss of $4.8 million for the prior year.
Gencor Industries, Inc., together with its subsidiaries, manufactures heavy machinery used in the production of highway construction materials, synthetic fuels, and environmental control equipment.
American Video Teleconferencing Corp. (OTCPK:AVOT)
American Video Teleconferencing Corp. is pleased to announce that it is presently in final discussions to enter into a formal agreement to acquire an exclusive option on a molybdenum property in the Otter lake area in the province of Quebec, Canada. The property has been dormant since the 1960's when Hupon Mining and Exploration carried out surface work, stripping, trenching and a minor drill program of 445 feet contained in 11 drill holes. Some of the sample results from the trenching in 1962 showed 0.94% to 25% molybdenum averaging 5-10%. These values were obtained from assessment files in the Department of Mines in Quebec City.
This property is only one of several advanced stage properties AVOT has under consideration in the province of Quebec.
Majestic Gold Corp. is a Vancouver-based; TSX Venture Exchange and Frankfurt Exchange listed gold exploration and development company with a very advanced gold deposit in Shandong province of China. On April 23, 2010, Majestic released an updated NI 43-101- compliant, indicated and inferred gold resource estimate on its Song Jiagou property. At present, Majestic is aggressively pursuing a pre-feasibility study. A recently announced agreement will increase Majestic's effective ownership from 54 to 94 % and has allowed the property to commence production at an initial rate of 1,400 tpd. With a contract that fixes operating costs and allows use of land and equipment, Majestic anticipates to have a positive cash flow, within a matter of months.
Song Jiaguo Project
The Song Jiaguo Property is located on the Jiaodong Peninsula in Muping County, the Shandong Province, the People's Republic of China. The property lies on the western edge of the Muping-Fushan Gold Belt, which hosts 20% of the known gold deposits on the Jiaodong Peninsula. Gold production from the entire peninsula accounts for over 25% of China's annual gold production, presently estimated to be 288 tonnes or 9.3 M ounces. Gold deposits in the belt are commonly controlled spatially by fault zones. To the south of the property, the Pengjiakuang Gold Deposit (>650,000 oz) occurs in the same structural environment within Cretaceous Laiyiang conglomerates which underlie the Song Jiaguo Property.
- Situated in a well-known Gold Belt
- Existing NI 43-101 Resource Estimate (2.5 M ounces)
- In production - 1,400 tpd operation
- Mill expansion program underway = an increase in production within six months
- Contract mining = low production cost
- Management with proven track record
- Excellent entry point = low market cap
To learn more about Majestic visit: http://www.majesticgold.net
Retail Opportunity Investments Corp (Nasdaq:ROIC) the Company's Chief Executive Officer, announced "Crossroads is one of the strongest retail shopping centers in the Pacific Northwest. The addition of Crossroads solidifies our presence in the Seattle marketplace and the Pacific Northwest where we now have ownership in eleven shopping centers. We are well positioned to capitalize on our presence on the west coast through our in-place leasing and management infrastructure." One of the strongest assets in the Pacific Northwest, Crossroads is a 435,900 square foot grocery anchored shopping center situated on approximately 40 acres of land in Bellevue, Washington.
Retail Opportunity Investments Corp. engages in investing in, acquiring, owning, and managing commercial real estate in the United States.******
Saba Software Inc. (Nasdaq:SABA) the premier people systems provider, announced that it plans to release its financial results for its second quarter of fiscal year 2011, which ended November 30, 2010, after the close of the market on January 6, 2011. The company plans to host a conference call and live webcast at 2:00 p.m. The access code for the conference call replay is 184272. The replay can also be accessed from the Investor Relations page of the Saba web site at http://investor.saba.com.
Saba Software, Inc. provides a class of people systems that combine people learning, people performance, and people collaboration solutions. People-driven enterprises use the company solutions to mobilize and engage people around new strategies and initiatives.
Signup for FREE Daily Stock Alerts From CRWEFinance.com/signup
THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY!
Disclaimer: Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. CRWEFinance.com publisher and its affiliates and contractors are not registered investment advisers or broker/dealers. Our disclaimer is to be read and fully understood before using our site, reading our newsletter or joining our email list. Release of Liability: Through use of this website viewing or using, you agree to hold CRWEFinance.com report and Crown Equity Holdings Inc. CRWE, its operators, shareholders, employees and/or contractors harmless and to completely release them from any and all liability due to any and all loss (monetary or otherwise), damages (monetary or otherwise) that you may occur. (Read more at http://crwefinance.com/disclaimer) Rule 17B requires disclosure of payment for investor relations. Crown Equity Holdings Inc. (OTCPK:CRWE) is a newswire as well as an IR and PR firm. Crown Equity Holdings Inc. (OTCPK:CRWE), in some cases, provides media advertising and public awareness for both public and private companies, as well as disseminating news. As such, in some cases, when Crown Equity Holdings Inc. (OTCPK:CRWE) advertises for a particular client, Crown Equity Holdings Inc. (OTCPK:CRWE) charges an advertising fee which it must disclose under 17B. The fee may be in cash, in free trading stock or in restricted stock. Crown Equity Holdings Inc. (OTCPK:CRWE), if paid in stock, can and may sell those securities during the advertising period.Crown Equity Holdings Inc. (OTCPK:CRWE) has received twenty-five thousand dollars in cash from a third party for (thirty) days of advertising for Majestic Gold Corp, TSX Venture Exchange (TSX.V:MJS) and the Frankfurt Stock Exchange (FSE:MJT). Crown Equity Holdings Inc. (OTCPK:CRWE) has received from the company 2,000,000 shares of (144) restricted common stock of American Video Teleconferencing Corp. (OTCPK:AVOT) for 12 months IR Services and 1,000,000 shares of (144) restricted common stock for its IT services.