Category Archives: otcbb

Profire Energy, Inc. Announces Record Revenue Results for the 2012 Third Fiscal Quarter

Profire Energy, Inc. (OTCBB: PFIE) reported net income before income taxes for the quarter ending December 31, 2011 of $1,245,322 on total revenues of $5,068,983. By comparison, during the Company’s prior-year third fiscal quarter, it realized net income before income taxes of $846,878 on total revenues of $2,696,417. Earnings per share for the third fiscal quarter 2012 were $.02. Year-over-year revenue and net income growth were 88% and 44%, respectively.

Total revenue for the nine-month period ended December 31, 2011 was $12,275,228 compared to $5,605,063 for the comparable prior year period, a 119% increase. For the same period, net income before income taxes totaled $3,960,607 compared to $1,604,175, a 147% increase. On a per share basis the Company earned $.06 for the nine-month period December 31, 2011, a 200% increase over the nine month period ended December 31, 2010.

“Revenue results for the quarter represent the best ever for the Company. We attribute this to the expansion of our market in the United States, the growth of our sales team and the increase in general activity in energy throughout North America. We have invested heavily in personnel and facilities to accommodate this growth and will continue to do so as we seek to add value through the development and sale of our technologies,” stated Andrew Limpert, CFO of Profire Energy, Inc.

About Profire Energy, Inc.
Profire Energy, Inc. is a leading manufacturer and installer of oilfield combustion management systems and related burner products. Our products and services assist energy production companies in the safe and efficient transportation, refinement and production of oil and natural gas. The Company’s lead products are the Profire 2100 and the Profire 1100, which are burner management systems that oil and gas producers rely on to provide reliable management and ignition of combustion burners and associated vessels such as separators, dehydrators, line heaters, incinerators, etc.

To learn more about Profire Energy’s products and services, please visit www.profireenergy.com. Profire has offices in Lindon, Utah, U.S.A and Edmonton, Alberta, Canada.

Enable IPC Issues Update on Its New S/Cap RFID Tag, Upcoming RFID Products, and Phase II Proposal for the National Science Foundation’s STTR Grant

Enable IPC Corporation (Pinksheets: EIPC.PKNews) today issued an update to shareholders on initial developments of its recently launched rugged solar powered S/Cap RFID tag, upcoming additional versions of the product, and completion of the Company’s proposal for Phase II funding from the National Science Foundation’s STTR Grant.

Since the launch of the ruggedized S/Cap RFID tag in June of this year, Enable IPC has made initial, pilot sales of the tag to customers interested in testing the products within their own operations. Additionally, Enable is working to secure distribution agreements to broaden the sales channels for the S/Cap RFID tag. The Company previously announced an agreement with RFCamp Ltd., for non-exclusive rights to resell and distribute Enable IPC S/Cap RFID tags in South Korea and the Pacific Rim. Enable is negotiating agreements with other potential distributors and expects to make further announcements in the coming weeks.

In addition, product development is underway on the Company’s new on-metal and livestock versions of the S/Cap RFID tag. The on-metal version, along with the recently released S/Cap RFID Tag, is designed to target outdoor asset tracking applications where durable, long lasting tags with long read ranges would be ideal. Potential applications are expected to include oil rigs, transportation, sports, equipment tracking, aerospace, DoD compliance (the largest user of RFID) and much more.

The RFID market is forecast by IDTechEx to reach $5.84 billion in 2011 and livestock tracking is expected to become the largest segment forecasted by IDTechEx to reach nearly $6.5 billion by 2017. To address this growing market Enable is beginning product development on a livestock tracking version of the S/Cap RFID tag. The new product should allow easier and more accurate tracking of livestock and livestock products for more efficient recalls and more efficient farm management.

National Science Foundation Phase II Application Completed

SolRayo, Inc., a subsidiary of Enable IPC Corporation, recently announced completion of Phase I of its Small Business Technology Transfer (STTR) grant from the National Science Foundation (NSF). Under the $150K grant, SolRayo developed a new nanoparticulate based technology to address an issue concerning the degradation of performance of certain lithium-ion (“Li-ion”) batteries, particularly in high temperature applications. SolRayo has recently submitted its proposal for Phase II funding which, if approved, will provide an additional $500,000 of funding for two years beginning in 2012. This funding will be aimed at commercializing the technology. The Company expects to hear the results of its application by the end of 2011.

One reason for the rapid growth in portable electronics over the past few decades has been the availability of rechargeable Li-ion batteries that provide the required high gravimetric and volumetric energy densities. One of the problems with this technology, however, is the relatively high expense of cathode materials compared to other types of rechargeable batteries (like nickel cadmium and nickel metal hydride). While the Li-ion industry has grown exponentially over the past 20 years to be valued by Frost & Sullivan at approximately $8.4 billion in 2010, its growth has been mitigated by its relatively high expense. It is hoped that SolRayo’s technology could allow for lower cost cathode materials for Li-ion batteries, making Li-ion price-competitive with other battery technologies and leading to further exponential growth for the industry.

About Enable IPC Corp. (Intellectual Property Commercialization)
Enable IPC (www.enableipc.com) provides efficient, streamlined strategies for turning technologies into products and bringing them to market. The company seeks to turn technologies into products and is a transparent, fair turnkey partner for sub-licensing and joint development with other companies.

Live TweetChat with OPELF.pk

On Wednesday April 6th, at 6:00PM PST, and every Wednesday thereafter, Solar Energy Directory (@solarenergy_dir) and PSEO, Professional Search Engine Optimization (@PSEO_Inc) will be hosting a 1-hour solar energy chat on Twitter.

This week their special guest will be Patricia Agudow, VP, OPEL Solar Inc. (OPELF.pk)

To access you will need to do the following:

1) Become a member of Twitter if you are not already. Membership is free. For support help, see Twitter basics.

2) At the specified time, enter #solarenergychat (with hashtag #) in the search window and voila, the conversation will unfold before you. If you’re not familiar with the use of hashtags see Twitter Support: What are Hashtags?

3) When posting remember to include #solarenergychat at the end of your post to insure it appears in the chat queue, otherwise we won’t see it.

4) We recommend using Tweetchat.com. Login with your Twitter account and enter solarenergychat in the hashtag box. Once  you’re in you will no longer need to enter #solarenergychat into every post, Tweetchat does it for you automatically.

Destiny Media Announces Record Results for Q1

VANCOUVER, Jan. 14 /PRNewswire-FirstCall/ – Destiny Media Technologies (OTCBB: DSNY) is pleased to announce results for the quarter and period ending November 30th, 2010. Revenues of $1,056,638 are the highest in the company’s history and reflect an increase of 17% over the previous quarter and 1% over the same quarter in the prior year. International revenues grew 23% over the prior year, expressed in USD, despite an 8% decline in the Euro. North American revenues declined 7% reflecting lower paid transaction volumes by two of the four major labels.

Net income of $72,680 declined from $322,680 in the prior quarter, as a result of a 27% increase in operating expenditures. The majority of this increase was associated with non-recurring costs associated with a new TSX stock exchange listing, an increase in legal fees because of a trial which occurred during the quarter, and unfavorable exchange fluctuations.

Company CFO, Fred Vandenberg comments “In 2011 we expect to capitalize on the investments we made in 2010 which include the integration of our patent pending watermarking technology into the industry’s anti piracy web crawler and the ongoing development of the ability to deliver music directly into RCS’s global network of radio scheduling systems, first announced in December 2009. We have observed continual growth in Play MPE® revenue over the past 4 years and believe we can continue this trend in the immediate future.”

Pennyheaven Top Picks 2011

No Super 7 this year just my top three picks.
Prices reflect close of business 12/31/10.
Best of Luck and Wishing All of You a Very Happy and Prosperous New Year

1) International Dispensing Corporation IDND.PK .45

IDC is a research and development company that develops and manufactures cutting-edge dispensing solutions, and provides expert supply chain and consulting services, to the food-and-beverage and packaging industries. Its flagship product, The Answer® tap, enables aseptic liquid product to be dispensed from a flexible package over time without compromising the safety of the remaining contents, even without refrigeration.

For more information about IDC, please visit http://www.idcdispensing.com

Latest Quarterly Report: 9/30/2010

Latest News: IDC and PepsiCo Sign Agreement for The Answer

2) Vitro Diagnostics VODG .15

Vitro Diagnostics, Inc., dba Vitro Biopharma owns U.S. patents for production of a fertility drug, immortalization of pituitary cells, and a cell line that produces beta islets for use in treatment of diabetes. Vitro’s mission is “Harnessing the Power of Cells™” for the advancement of regenerative medicine to its full potential. Vitro also owns pending U.S. patents for stem cell therapy of cancer, generation of pluripotent stem cells and is continuously developing patentable cell lines and technologies. Vitro operates within a new high tech and regulatory compliant manufacturing, R&D and corporate facility in Golden, Colorado. Vitro manufactures and sells “Tools for Stem Cell and Drug Development™”, including human mesenchymal stem cells and derivatives, optimized media for sustained self-renewal, lineage-specific differentiation and products supporting induced pluripotent stem cell and cancer research. Vitro recently formed a strategic alliance with HemoGenix®, Inc. to jointly manufacture and distribute Lumenesc™ and LumiSTEM™ assays for quality and potency determination of MSCs, ESC and iPSCs.

For more information about VODG please visit http://www.vitrobiopharma.com

Latest quarterly Report: 7/31/2010

Latest News: New Results Reveal Extensive Competitive Advantages of VitroGrow™ Stem Cell Culture Media

3) WebMediaBrands Inc WEBM 1.63

WebMediaBrands Inc. is an Internet media company that provides content, education, trade shows and online job board services to media and business professionals. The Company’s online business includes: (i) mediabistro.com, a leading blog network providing content, career and educational resources about major media markets and industry verticals including new media, social media, Facebook, TV news, advertising, public relations, publishing, design and mobile; (ii) SemanticWeb.com, providing industry leading content on Semantic Web technology; (iii) Brands of the World, Ads of the World, and other related websites, providing industry leading content for creative, advertising, and design professionals; and (iv) e-commerce websites including Freelance Connect and StockLogos.com. The Company’s trade show and educational offerings include conferences, online and in-person courses, and video subscription libraries on topics covered by the Company’s online business.

Latest quarterly Report: 9/30/2010

Latest News: WebMediaBrands Inc. Announces Plan to Repurchase Shares of Its Common Stock

DISCLAIMER, PLEASE READ

Please be advised that nothing within this notice shall constitute a solicitation or an offer to buy or sell any security mentioned herein. All statements made are our express opinion only and should be treated as such. Nothing within this notice should be considered personalized investment advice. Pennyheaven.com is neither a registered investment advisor nor affiliated with any broker or dealer. Any investments in stocks recommended in this notice should be made only after consulting with your investment advisor and only after reviewing the financial statements of the company. We reserve the right to trade in and out of these stocks at will, before, during, and/or after publication. We have not been compensated by any individual or company and we do not accept any paid promotion. Please do your own DD and trade only what is right for you.