Sponsored
Message: AGORACOM Small Cap TV - July 15th - Highlights

Good morning to you all. Please find enclosed a summary of the breaking small-cap and micro-cap financial news we highlighted on AGORACOM Small Cap TV this morning. It’s July 14th, 2011, and we’ve found 4 great press releases to report on at the open. Another great day for small-cap and micro-cap financial news. To watch the show live every morning at 9:30 AM, visit our front page.

AgriSolar Solutions, Inc. (OTCBB: AGSO)

On July 15th, the Company announced today that its results of operations for the fiscal year ended (FYE) March 31, 2011 showed a significant improvement over the same period in 2010.

Financial Highlights

  • revenue more than doubled from the prior year to $9,875,000 for the fiscal year ended March 31, 2011, increasing by $5,267,000 from $4,608,000 for the fiscal year ended March 31, 2010.
  • Likewise, gross profit increased to $3,169,000 for the fiscal year ended March 31, 2011, up by $1,367,000 from $1,802,000 for the fiscal year ended March 31, 2010.
  • Net income also increased to $215,000 for the fiscal year ended March 31, 2011, an increase of $1,137,000 from a loss of $922,000 for the prior fiscal year ended March 31, 2010.
  • The Company’s financial results in 2011 included a loss on the extinguishment of debt of $440,000.
  • Finally, comprehensive income increased to $252,000 for the fiscal year ended March 31, 2011, an increase of $1,171,000 from a comprehensive loss of $920,000 for the fiscal year ended March 31, 2010.

Through our wholly-owned subsidiary, Shenzhen Fuwaysun Technology Company Limited, a PRC corporation (“Shenzhen Fuwaysun”), we are engaged primarily in the development, production and sale of solar products, including a solar insect killer and other products designed for agricultural and commercial use. Our manufacturing facility is located in Shenzhen, PRC, and a substantial majority of our current sales and business operations are in China.

Last Trade: 0.40 52 Week: 0.81 – 0.22 Market Cap: 23.82 Million

HQ Global Education Inc. (OTCBB: HQGE)

On July 15th, the Company announced its financial results for the fiscal year 2011 second quarter ended February 28, 2011 and detail for its earnings call on Monday, April 18, 2011 at 10:30 a.m. (EDT).

Financial Highlights for the Second Quarter of Fiscal 2011 versus the Second Quarter of Fiscal 2010

  • Revenue increased 82.0% year over year to $12.5 million
  • Gross profit increased 74.4% to $5.6 million; gross profit margin for the quarter totaled 44.8%
  • Net Income increased 78.6% to $4.6 million
  • $.14 per share basic and diluted earnings based on 33 million shares outstanding for the quarter

HQ Global Education, Inc. provides customized vocational training and private education services to students through private and public vocational schools in China. The HQ Global brand has become increasingly synonymous throughout China with superior vocational training to meet employer needs and career fulfillment for students who aspire to become technical and skilled workers. As of the first semester of fiscal 2011, the enrollment totaled 37,408 students from 25 provinces throughout China.

Last Trade: 0.3652 Week: 6.00 – 0.36Market Cap: 11.88 Million

Link to HUB

Share
New Message
Please login to post a reply