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American Video Teleconferencing Corp. (OTCPK:AVOT)
Rare Earth Elements are important ingredients in high-strength magnets, metal alloys for batteries and light-weight structures, and phosphors. These are essential components for many current and emerging alternative energy technologies, such as electric vehicles, photo-voltaic cells, energy-efficient lighting, and wind power. Rare Earth Elements are also critical for a number of key defense applications.
American Video Teleconferencing Corp is normally known for its business and efforts of exploration in Rare Earth Elements.
American Video Teleconferencing Corp. believes that the rare earths industry is where it wants to maintain a very strong focus and is looking to expand its holdings.
According to American Video Teleconferencing Corp., it will aggressively continue to search world-wide for opportunities in Precious, Base and Rare Earths metal projects in its future strategies.
American Video Teleconferencing Corp. recently announced that Wayne Lockhart, BSc. Geology, has joined the company as special geological advisor to American Video Teleconferencing Corp for advancing the company's exploration programs on its newly acquired rare earth property in Quebec, Canada. Mr. Lockhart has over 35 years experience in the mining business having worked for Falconbridge and Phelps Dodge in eastern Canada, Anglo American Corp. (DeBeers) in Africa and Benguet Cons. in the Philippines.
Mr. Lockhart in addition to being a lecturer at the University of New Brunswick in Geology, has developed programs for the United Nations (UNDP). Mr. Lockhart is an Honorary Director of the Prospector and Developers Association of Canada (PDAC), a founding and former member of the Association of Exploration Geochemists and a Member of the Society of Economic Geologists.
American Realty Investors Inc. (NYSE:ARL) reported results of operations for the first quarter ended March 31, 2011. ARL announced that the Company reported net loss applicable to common shares of $9.8 million or $0.86 per diluted earnings per share, as compared to a net loss applicable to common shares of $12.5 million or $1.09 per diluted earnings per share for the same period ended 2010. Rental and other property revenues were $38.7 million for the three months ended March 31, 2011. This represents a decrease of $1.5 million, as compared to the prior period revenues of $40.2 million. This change, by segment, is a decrease in the commercial portfolio of $2.2 million, a decrease in the hotel portfolio of $0.3 million, and a decrease in the land and other portfolios of $0.1 million, offset by an increase in the apartment portfolio of $1.1 million. Within the apartment portfolio, there was an increase of $0.5 million due to the developed properties in the lease-up phase and an increase of $0.6 million in the same property portfolio. Within the commercial and hotel portfolios, the decrease is attributable to increased vacancies due to the current state of the economy. We have directed our efforts to apartment development and put some additional land projects on hold until the economic conditions turn around. We are continuing to market our properties aggressively to attract new tenants and strive for continuous improvement of our properties in order to maintain our existing tenants.
American Realty Investors, Inc., together with its subsidiaries, operates as an advised and managed real estate investment company. It engages in the acquisition, development, and ownership of income-producing residential, hotel, and commercial real estate properties.
The Standard Register Company (NYSE:SR) announced that it has entered into a definitive agreement under which Standard Register will acquire 100% of the ownership interest in Dialog Medical, the leader in solutions for managing the patient informed consent process. Dialog Medical, which has approximately $5 million in annual revenue, will be operated as a wholly owned subsidiary of Standard Register and will report through Standard Register Healthcare. Terms of the transaction, which is expected to close by June 30, were not disclosed.
The Standard Register Company and its subsidiaries provide business documents and related services for the healthcare, financial services, commercial, and industrial markets primarily in the United States.
China Nepstar Chain Drugstore Ltd. (NYSE:NPD) announced its unaudited financial results for the first quarter ended March 31, 2011. Revenue increased by 9.0% to RMB618.1 million (US$94.4 million), compared to revenue of RMB567.2 million in first quarter 2010. Same store sales increased by 8.9% over the prior year's period. Income from operations was RMB11.8 million (US$1.8 million) compared to a loss of RMB4.2 million in first quarter 2010. Net income was RMB10.6 million (US$1.6 million) compared to RMB2.6 million for the same period of 2010. During the first quarter of 2011, the Company opened 25 new stores and closed 39 stores. As of March 31, 2011, Nepstar had a total of 2,533 stores in operation. Revenue for the quarter ended March 31, 2011 increased 9.0% to RMB618.1 million (US$94.4 million), compared to revenue of RMB567.2 million for the same period in 2010. Increased sales of newly introduced convenience products continued to offset the negative impact on drug sales from ongoing healthcare reform that has led to price cuts and diversion of patients from drugstores.
China Nepstar Chain Drugstore Ltd. operates retail drugstores in the People’s Republic of China. The company was founded in 1995 and is headquartered in Shenzhen, the People’s Republic of China.
HONDO MINERALS CORP (OTCPK:HMNC)
Zinc is a blue-gray, metallic element, with the atomic number 30. At room temperature, zinc is brittle, but it becomes malleable at 100 C. Malleable means it can be bent and shaped without breaking. Zinc is a moderately good conductor of electricity. It is relatively resistant to corrosion in air or water, and therefore is used as a protective layer on iron products to protect them from rusting. Zinc has been used for the following conditions: Topical zinc for acne, aging skin, herpes simplex infections, and wound healing; Zinc citrate in toothpaste and mouthwash to prevent dental plaque and gingivitis.
Hondo Minerals Corporation is engaged in the acquisition of mines, mining claims and mining real estate in the United States, Canada and Mexico with mineral reserves of precious metals or non-ferrous metals.
Hondo owns the Tennessee and Schuylkill Mines in Chloride, Arizona. The Tennessee Mine was the largest producing silver mine in Arizona history. The Tennessee Mine operated from the late 1800's until 1947 producing lead, zinc, gold and silver. The Company also owns numerous other mining claims in the US Southwest, which are being evaluated for additional reserves.
HONDO MINERALS CORP (OTCPK:HMNC) is pleased to announce that it has just acquired over $500,000 dollars of additional E-Leech equipment for its Tennessee Mine production facility.
William R. Miertschin Chairman and CEO of Hondo Minerals say, "This purchase a long with the $2.4 million dollars of previously announced equipment demonstrates our continued efforts to invest real dollars in this project to increase shareholder value."
Mr. Miertschin went on to say, "All of this newly acquired equipment will allow the company the ability to reach its production and revenue targets 6 to12 months ahead of schedule, and with the advanced technology of E-Leech Hondo Minerals is posed to set new standards while obtaining optimum results from its exclusively licensed mining process."
E-Leech technology is a patent pending process that creates a leaching process without the use of hazardous chemicals such as cyanide at its Tennessee Mine processing plant.
Toxic chemicals previously used such as Hydrochloric and Nitric Acid are replaced with a water-based and pH adjusted medium to leach precious and base metals from mine tailings that is safe to humans and the environment.
Electrochemical processes are used to generate pH levels low enough to leach metals such as Gold, Silver, Zinc and Rare Earths into a solution for recovery at an extremely low cost per ton.
For more information please visit: http://www.hondominerals.com
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