AGORACOM Small Cap TV - November 2nd - Highlights
posted on
Nov 02, 2011 08:51AM
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 November 2nd, 2011, and we’ve found 6 great press release 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.
Brekford Reports Over 100% Growth In Revenue for Third Quarter 2011
Brekford Corp. (the "Company" OTCBB, OTCQB: "BFDI"), a leading homeland technology service provider of fully integrated vehicle installation services, rugged mobile technology solutions, and traffic safety solutions is pleased to announce a 100.68% increase in revenue, 162.46% increase in gross profit, and a significant increase in net profit of 1311.74% for third fiscal quarter 2011.
Financial highlights for the third quarter 2011:
Net sales totaled $5.3 million for the third quarter ended September 30, 2011, compared to $2.6 million for the third quarter of 2010, an increase of $ 2.67 million.
Net income for the third quarter of 2011 totaled $493,925 compared to $34,987 for the third quarter of 2010.
Gross profit for the third quarter 2011 was $1.26 million compared to $0.482 million for the third quarter of 2010. Gross profit margin increased to 24% for the third quarter 2011 compared with 18% for the third quarter of 2010 due to increase in contracts being implemented and increase sale of electronic ticketing systems.
The Company's cash position as of the end of third quarter of 2011 improved to total $2.2 million, up from $1.5 million at the end of third quarter of 2010.
About BREKFORD
For over a decade, Brekford has been providing services to the U.S. military, various federal entities and numerous security and public safety agencies throughout the United States with an end-to-end suite of mobile computer and video technology, vehicle upfitting services, and automated traffic safety solutions. Brekford is a one-stop shop with its unique 360-degree approach to vehicle upfitting services, cutting edge mobile and video technology, and automated traffic enforcement services for homeland security and law enforcement agencies.
Last Trade: 0.6052 Week: 0.61 – 0.09Market Cap: 24.48 Million
Orient Paper Announces Unaudited Preliminary Results for Third Quarter Fiscal Year 2011
Orient Paper, Inc. (AMEX: ONP) ("Orient Paper" or the "Company"), a leading manufacturer and distributor of diversified paper products in northern China, today announced unaudited preliminary results for the three months ended September 30, 2011.
For the three months ended September 30, 2011, Orient Paper is expecting to report total unaudited revenue increased 61.2% to approximately $37.1 million from $23.0 million in the third quarter of 2010.
During the third quarter of 2011, the Company sold 55,642 tons of corrugating medium paper and offset printing paper, up 36.3% compared to the same period last year.
The Company expects to report unaudited gross profit of approximately $8.0 million for the third quarter of fiscal year 2011, compared to $3.8 million in the third quarter last year. The Company is expecting unaudited net income to be approximately $5.4 million, or $0.30 per diluted share, up from $1.8 million, or $0.10 per diluted share, for the same period last year.
The Company revised its 2011 guidance with projected revenue for fiscal year 2011 to be between $147 million and $163 million, gross profit of between $32 million and $35 million., However, the Company reaffirmed its guidance for 2011 net income of between $21 million and $23 million, and basic and diluted earnings per share of between $1.16 and $1.28.
. The Company plans to release full financial results and file its Form 10-Q on or before November 9, 2011
About Orient Paper, Inc.
Orient Paper, Inc., through its wholly owned subsidiary, Shengde Holdings, Inc., controls and operates Baoding Shengde Paper Co., Ltd. ("Baoding Shengde"), and Hebei Baoding Orient Paper Milling Co., Ltd ("HBOP"). Founded in 1996, HBOP is engaged in the production and distribution of products such as corrugating medium paper, offset printing paper, and other paper and packaging-related products in China.
Last Trade: 2.4552 Week: 8.09 – 2.05Market Cap: 44.96 Million
Metropolitan Health Networks Continues 2011 Record Operating Performance with Release of Third Quarter Results
Metropolitan Health Networks, Inc. (NYSE AMEX: MDF), (“Metropolitan”) a leading provider of health care services in Florida, today reported the company’s financial results for the quarter and nine months ended September 30, 2011. Highlights include the following:
Nine Months Year to Date Financial Highlights:
About Metropolitan Health Networks, Inc.:
Metropolitan is a growing health care company that provides and coordinates comprehensive health care services for Medicare Advantage, Medicaid, and other customers in Florida through its primary care-centric businesses, MetCare of Florida, Inc. and Continucare Corporation. Metropolitan currently owns and operates 33 medical centers and contracts with more than 250 primary care practices.
Last Trade: 6.1852 Week: 7.19 – 3.79Market Cap: 254.08 Million
Confederation announces significant high grade gold results from Newman Todd 343 g/t Gold Over 0.6 Metres and 11.1 g/t gold over 2.0 metres including 33.8 g/t Gold over 0.50 metres.
Confederation Minerals Ltd.(TSX-V: CFM)
is pleased to report bonanza grade gold results from the on-going drilling program at the Newman Todd property in the Red Lake Gold District, Ontario. The work is being funded and operated by Confederation pursuant to an option from Redstar Gold Corp. (TSX.V: RGC). To date, 49 drill holes totaling 19,000 metres have been completed in 2011. Drilling has focused on the Newman Todd Structure (NTS) where gold mineralization has been discovered over a strike length 1.6 kilometres. Confederation has sufficient funds to complete the current drill program and any presently planned drilling in 2012.
Highlights:
-Hole NT-083 intersects a 14.30 metre wide zone with two high grade intercepts: 343 g/t gold over 0.60 metre and 33.80 g/t gold over 0.50 metre Hole NT-084 intersects 6.76 g/t gold over 3.0 metres including 13.90 g/t gold over 1.0 metre.
-Hole NT-080 intersects 1.18 g/t gold over 32.0 metres including 10.91 g/t gold over 1.0 metre.
About Confederation Minerals Ltd.
Confederation Minerals Ltd. is a British Columbia based company engaged in the business of acquisition, exploration and development of mineral properties. Its objective is to locate and develop economic precious and base metals properties of merit. Confederation Minerals Ltd. holds an option agreement to acquire up to 70% of the Newman Todd project in the Red Lake Mining District of Northern Ontario as well as 100% ownership in two other properties in the Red Lake Mining District of Ontario.
Last: 0.46Range: 1.40-0.165Market Cap:20.9 million
Manitou Gold Intersects 75.1 m of 2.4 g/t Au on Gaffney Extension Project
Manitou Gold Inc. (TSX VENTURE:MTU)
reports on assay results received from the Gaffney Extension diamond drill project, located within the Lower Manitou Lake area of Northwestern Ontario. Thirty-one diamond drill holes (6,968 metres) have been completed, with assay results received from the first twenty-seven holes.
Diamond drill hole G-11-27 returned a wide section of gold mineralization, with a continuous 75.1 m interval averaging 2.4 g/t Au. A cross section illustrating drilling to date at the Gaffney Extension can be found on the Company's website at www.manitougold.com/gaffney.html. Hole G-11-27 is the deepest hole completed to date on the project, with the intersection located at a vertical depth of 225 m. This impressive section of gold mineralization contains two higher grade intervals averaging 5.5 g/t Au over 8.5m and 5.2 g/t Au over 10.0 m. The two zones are contained within the entire 75.1 m interval in G-11-27 and are separated by material averaging 2.6 g/t Au over 17.2 m.
About the company
The company holds a dominant land position in the Gold Rock mining camp, located east of Kenora, in northwestern Ontario. The company is well funded with a strong shareholder base, including a significant ownership by Goldcorp Inc.
Last: 0.61Range: 1.13-0.28Market Cap: 29.3 million
Lydian Drilling Intersects 146 Meters at 1.6g/t Gold (Open at Depth) at Erato, 138 Meters at 1.5g/t and 101 Meters at 1.1g/t Gold From Artavasdes
Lydian International Ltd. (TSX:LYD)
a gold-focused mineral exploration and development company, today announced results from further drilling at its Amulsar gold project in Armenia. Amulsar is a high-sulfidation style gold project which currently hosts a CIM compliant combined Indicated and Inferred Category Resource of 2.5 million ounces at 1.0g/t gold (1.1 million ounces at 1.1 g/t gold in the Indicated Category and 1.4 million ounces at 0.9 g/t gold in the Inferred Category).
Results have been received from a further 25 combined diamond and reverse circulation drill holes at Amulsar. Drill holes comprise primarily resource extension and infill drilling from Arshak, Artavasdes and Erato (see Table and Figure in Appendix).
Notable intersection includes:
- RCA-441 (Erato) 146 meters at 1.6 g/t gold (EOH)
Including 5 meters at 19.5 g/t gold
About Lydian International
Lydian is a gold-focused mineral exploration and development company with expertise employing "first mover" strategies in emerging exploration environments. Currently Lydian is focused on Eastern Europe and on developing its flagship Amulsar gold project in Armenia. The Amulsar group of licenses is wholly owned by Lydian's Armenian subsidiary (Geoteam CJSC). Lydian also has a pipeline of promising early-stage gold and base metal exploration projects in the Caucasus regions.
Last: 2.44Range: 3.21-1.78Market Cap: 242 million