~ Achieved record quarterly revenue of $8.9 million
~ Gross margin expanded 5.5 points to 23.9% of sales
~ Operating leverage drove operating income growth to $1.2 million
~ Net income of $1.1 million increased $1.8 million over a net loss in prior-year period
~ Raised third quarter 2016 revenue guidance to over $9.0 million
~ Uplist to OTCQB Venture Market scheduled for August 22, 2016
DEERFIELD BEACH, FL, August 15, 2016 – Capstone Companies, Inc. (OTC: CAPC, CAPCD) (“Capstone” or the “Company”), a designer of innovative LED lighting solutions including power failure lighting, today reported its financial results for the second quarter 2016.
Stewart Wallach, Capstone’s CEO, commented, “Our strong results for the quarter, with record revenue and solid profitability, reflect the great execution of our growth strategy by the Capstone team. Momentum continues to build with a growing number of consumers purchasing and enjoying our products at record levels. The holiday shopping season is our strongest period in the year, and we are expecting third quarter revenue to meet or exceed what we reported today for the second quarter.
MONTREAL, QC–(Marketwired – July 07, 2016) – Siyata Mobile Inc. (the “Company” or “Siyata”) (TSX VENTURE: SIM) (OTC PINK: SIMFF) is pleased to announce that its recently acquired subsidiary Signifi Mobile and its portfolio of Uniden® cellular boosters posted ~$450,000 top line revenue in June 2016, representing a ~29% increase in sales over May 2016.
The increase in sales resulted from a combination of online marketing efforts, joint promotions with national retailers, and growing custom installation contracts with commercial clients.
Marc Seelenfreund, CEO of Siyata, states, “We are very pleased with the immediate results of our online marketing and joint campaigns with national retailers. It is very clear that when consumers are shown a cost-effective solution for poor cellular coverage, they become buyers of our boosters. Being fully capitalized allows us to expand and grow our revenue very methodically through increased marketing efforts.”
The following is a Q & A with SolarWindow Technologies (WNDW) President and CEO, John A. Conklin
1. SolarWindows are created by applying ultra-thin layers of liquid coating onto glass and flexible plastics. Are there any other substrates you are looking into? Any other uses?
No, at this time the commercialization of SolarWindow focuses on glass and flexible plastic. Plans to coat on substrates other than glass and flexible plastic is planned but not near term.
Commercial development of the SolarWindow products include:
• SolarWindow™ – Commercial, Structural, and Architectural Glass (Commercial) – Flat glass products for installation in new commercial towers under construction and replacement windows, glass walls and curtains, and textured and decorative interior glass walls, room dividers, etc
• SolarWindow™ – Residential – A window glass for installation in new residential homes under construction and replacement windows
• SolarWindow™ – BIPV – Components associated with BIPV applications in homes, buildings, and office towers
• SolarWindow™ Retrofit & Flexible Veneer – Transparent, tinted, and flexible veneers that installers can apply directly over top of existing windows on tall towers and skyscrapers
Our primary focus is first on the development and deployment of SolarWindow™-Commercial products.
11/5/15 VODG went up 121% today after posting this press release
Concussion and traumatic brain injury (TBI) are significant health risks that lack modern therapeutic approaches beyond physical therapy and rehabilitation. The TBI incidence in the US is 1.5 to 1.7 million new cases per year and is estimated to cost $75 billion per year in the US only. Concussion is a growing issue within professional athletes including the NFL where significant health problems are derived from football-related concussion. Military service personnel and numerous others are also significantly impacted by TBI. We began development of stem cell activation technology and products during 2014 and expanded these activities in during 2015 to include treatment of concussion. We have developed patent-pending technology for treatment of neurological conditions through the activation of stem cells residing within the body. This is a process for administration of stem cell therapeutic benefit without stem cell transplants.
State Bank Corp. (OTCQB:SBAZ), the holding company for Mohave State Bank, today announced that its Board of Directors has authorized the repurchase of up to $1,000,000 of the outstanding common stock of the company. Stock repurchases may be made from time to time on the open market or through privately negotiated transactions. The timing of purchases and the exact number of shares to be purchased will depend on market conditions. The share repurchase program does not include specific price targets or timetables and may be suspended at any time.
“We believe our stock is an attractive investment and repurchasing stock affirms our optimism for the future and offers an excellent means to build long-term value for our shareholders,” said Brian M. Riley, President and CEO. Earlier today, State Bank Corp. reported its second quarter earnings results and provided detailed financial information in a separate press release.