Cleantech Transit Inc (OTCPK:CLNO)
A huge percentage of the world's fossil fuels come from the world's most volatile places. By reducing dependence on oil derivatives, in turn can reduce dependence on foreign energy sources. By converting energy from waste Cleantech Transit hopes to help in increasing our country's energy security.
Biomass is an ever-present resource. In rural districts, people use biomass as a source of heat for cooking and heating purposes. People living in rural areas use the fuel obtained from biomass in their agricultural activities like crop-drying. Biomass is also used for the production of natural gas called biogas. Biomass can replace the use of fossil fuels thus contributing to a reduction in air pollution. Biodiesel is obtained from biomass which is a low-net-carbon fuel for vehicles.
Cleantech Transit Inc. was founded to capitalize on technology advances and manufacturing opportunities in the growing clean energy public transportation sector. Cleantech Transit Inc has expanded its focus to invest directly in specific green projects that could maximize shareholder value. Recognizing the many economic and operational advances of converting wood waste into renewable sources of energy, Cleantech Transit Inc. has selected to invest in Phoenix Energy (www.phoenixenergy.net).
Cleantech Transit, Inc. (OTCPK:CLNO) is pleased to announce it has met its funding requirement to secure the Company's ability to earn in 25% of the 500KW Merced Project.
The Company is in the final stages of closing its initial interest in the Merced Project and is currently working on completing the necessary documentation and expects closing the transaction soon. As previously announced Cleantech has the option to earn up to 40% of the Merced Project and the Company plans to continue to work towards increasing its interest in the Merced Project as they move ahead.
For more information about CLNO, visit www.cleantechtransitinc.com
Multi-Color Corp (Nasdaq:LABL) announced first quarter increases in net revenues and diluted earnings per share. Net revenues increased 36% to $100.6 million from $74.1 million compared to the three months ended June 30, 2010. Net revenues increased 29% or $21.8 million in the three months ending June 30, 2011 due to acquisitions and start-ups that occurred after June 30, 2010. The remaining increase was due to a 5% favorable impact of foreign exchange rates primarily driven by the strengthening Australian dollar, a 1% increase in sales volumes and a 1% favorable pricing impact.
Multi-Color Corporation provides label solutions worldwide. It offers pressure sensitive labels, in-mold labels, shrink sleeve labels, and heat transfer labels, as well as glue-applied labels, including peel-away promotional labels, thermochromics, holographics, and metalized films.
National Health Partners, Inc. (OTC:NHPR)
Healthcare may be unique when it comes to reconciling the desire to be satisfied with the cost of achieving that satisfaction. For most everyday goods and services we buy - coffee, laptop computers, new automobiles - the level of satisfaction we feel when making a purchase diminishes as we consume more. This is not the case when it comes to purchasing healthcare, especially when the reason for doing so is to extend our lives. Our ability to purchase something that helps insure a longer life does not reveal the same sort of diminishing return. People around the world seek longer life, and the older they get, the longer they want to live. Moreover, their willingness to pay for anything that alleviates pain and worry increases as the average age distribution of the population rises. We are not becoming a nation of hypochondriacs, but people clearly recognize the benefits of a healthcare system that prolongs their life.
National Health Partners, Inc. is headquartered in Horsham, Pennsylvania. National Health Partners, Inc. currently offers five standard CARExpress membership programs that provide benefits that range from prescription drug and vision care to comprehensive physician, hospital, vision, dental and other care. National Health Partners, Inc. is a national healthcare savings organization that provides discount healthcare membership programs to uninsured and underinsured people through a national healthcare savings network called "CARExpress." CARExpress is one of the largest networks of hospitals, doctors, dentists, pharmacists and other healthcare providers in the country and is comprised of over 1,000,000 medical professionals that belong to such PPOs as CareMark and Aetna. National Health Partners, Inc's primary target customer group is the 47 million Americans who have no health insurance of any kind. The company's secondary target customer group includes the millions of Americans who lack complete health insurance coverage.
National Health Partners, Inc. (OTC:NHPR), a leading provider of unique discount healthcare membership programs, announced that it has entered into agreement with a major Hispanic marketing group for the sale of its CARExpress programs. The company also sees growth in new sales of memberships of more than 300% thru the remainder of the year.
Under the new agreement, this national Hispanic marketing group will be promoting the company's CARExpress discount healthcare membership program to Hispanic communities located across the United States, with particular focus on cities and regions containing a large number of Hispanics. With the previously announced plans to increase monthly sales by 75% with its newest and most successful marketing partner, the company now expects sales of new members to grow more than 300% thru the remainder of the year.
For more information about National Health Partners, Inc. please visit their website: www.nationalhealthpartners.com.
Magyar Bancorp, Inc. (Nasdaq:MGYR) reported the results of its operations for the three and nine months ended June 30, 2011. The Company reported net income of $19,000 for the three months ended June 30, 2011, compared to net income of $3.5 million for the three months ended June 30, 2010. Net loss for the nine months ended June 30, 2011 was $211,000 compared to net income of $3.8 million for the nine months ended June 30, 2010. The prior year three- and nine-month periods included a $3.4 million and $3.8 million tax benefit due to the reversal of a portion of a valuation allowance against the Company's deferred tax asset.
Magyar Bancorp, Inc. operates as the bank holding company for Magyar Bank, which provides various banking products and services in New Jersey.
Neogen Corp. (Nasdaq:NEOG) announced that net income for its 2011 fiscal year, which ended May 31, increased 30% from the previous year to $22,839,000. Net income in the fiscal year increased to $0.96 per share, compared to the prior year's $0.76 per share. Neogen's revenues for its FY 2011 increased 23% to $172,683,000, up from $140,509,000 in the company's previous fiscal year. Both revenues and net income for the 2011 fiscal year established new all-time highs for the 29-year-old company. Neogen's fourth quarter revenues increased 12% on a year-to-year comparison to $43,594,000. Net income in the fourth quarter increased 29% to $5,962,000 from $4,635,000 in FY 2010, or to $0.25 per share compared to $0.20 per share in FY 2010.
Neogen Corporation, together with its subsidiaries, develops, manufactures, and markets various products for food and animal safety worldwide.
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