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Stock Hunter Is Hunting For Dollars!! Do You Want Some!! AAPH,HNSS,MSOA,RHGP,AMRR,BSRC:: Sign Up Today!!
(M2 PressWIRE Via Acquire Media NewsEdge) Stock Hunter PRESENTS (OTCBB: AAPH) American Petro-Hunter, Inc., (PINKSHEETS: HNSS) Healthnostics, Inc., (PINKSHEETS: MSOA) My Social Income, Inc., (PINKSHEETS: RHGP) Renhuang Pharmaceuticals, Inc., (OTCBB: AMRR) ARMOUR Residential REIT, Inc., (OTCBB: BSRC) BioSolar, Inc.
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(OTCBB: AAPH - American Petro-Hunter, Inc.)
LATEST NEWS!!
American Petro-Hunter Commences Operations to Drill Next Well in Reservoir Development Program at Rooney, Kansas
SCOTTSDALE, AZ, Mar 08, 2010 -- American Petro-Hunter, Inc. (OTCBB: AAPH) wishes to advise that events are underway and momentum is building in the development of the newly discovered Kansas oil reservoir with the announcement of the immediate intent to drill the next in the planned series of wells at the Rooney Project.
Current operations at the reservoir test well are undergoing a series of studies and the partners have elected to take advantage of the favorable conditions, motivated field team and ample equipment at hand in order to exploit the constantly growing understanding of the underlying geology of the oil pool at Rooney.
Therefore, it has been determined to immediately move the rig to a previously identified target that offsets the producing #24-1 Double H well and to continue the program stepping outwards from the producer. The Company has stated it is fully committed to drill at least one well per month in order to develop the newly discovered reservoir at Rooney and is very pleased to announce that Management is in discussions with the operator and partners regarding the timing and production requirements of upcoming target locations at the project.
Drilling operations at the new well could be underway very shortly, and if successful, the Company plans a rapid tie-in to existing infrastructure. Should everything move ahead as proposed, this latest project in the 10-well program has the potential to be generating revenue by early April.
About the Rooney Project: The Rooney Project is located in southwestern Ford County, Kansas, 20 miles due south of Dodge City and totals 7,040 acres adjacent to the north edge of existing Morrow Sand oil and gas production. The initial discovery well, #24-1 Double H, commenced commercial production in January. The potential barrels of oil associated with the discovery well and underlying oil pool are currently estimated at 500,000 barrels and the Company feels the potential for the newly discovered reservoir is 3,000,000 barrels of oil. The Company and partners have developed a minimum of 10 target locations to drill that could add 10 additional wells to our portfolio by the end of the fourth quarter of 2010 at a planned drilling schedule of one new well per month. The operator of the project is S&W Oil & Gas, LLC of Wichita, Kansas. The purchaser of the oil production at Rooney is N.C.R.A. of McPherson, Kansas.
About American Petro-Hunter, Inc. (OTCBB: AAPH) The Company is a goal-oriented exploration and production (E&P) Company aiming to become an intermediate level oil and gas producer within 12 months. The Company is in production at the Poston Project in Trego County, Kansas and at the Rooney Project in Ford County, Kansas. Rooney is a new discovery for the Company that has the potential to drill 10 oil wells in 2010 and may contain 3 million barrels of oil. With the achievable target of becoming a 1000 BOE producer as our goal, American Petro-Hunter is actively on the "hunt" for domestic petroleum assets. Visit us at: www.americanpetrohunter.com
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(PINKSHEETS: HNSS - Healthnostics, Inc.)
LATEST NEWS!!
Healthnostics Announces New e-Commerce Web Division
NEW YORK, NY, Mar 09, 2010 -- Healthnostics, Inc., (PINKSHEETS: HNSS), a medical and biotechnology analytics company, today announced the formation of a new Web division focusing on development of client Web properties that include providing e-commerce solutions. Clients will be offered true real time online credit card processing or one integrated with a merchant service provider that appears seamless to the end user. Either solution will be fully integrated into the site's design that includes storefront, shopping cart and checkout.
"The demand for Web sites integrated with e-commerce for health oriented businesses and others is growing and will be a new focus of our development and marketing efforts," said Alan Grofe, president. "We will, additionally, be looking for synergistic companies interested in our incubator strategy that will complement these Web development efforts." About Healthnostics Healthnostics, Inc. is a medical and biotechnology analytics company that provides comprehensive patient clinical monitoring and risk management systems to acute care hospitals and utilizes its Internet portals to deliver medical and biotechnology resource information to industry professionals as well as to the general public. Healthnostics' major products include: MedGuardian, a patient care monitoring and risk management system for hospitals that is fully Web-based; and through the MedBioWeb subsidiary, MedBioWorld(TM), one of the largest professional medical and biotechnology directory resource and reference portal sites on the Internet, and FamilyMedicalNet, a companion consumer healthcare information portal.
For further information please visit Healthnostics www.healthnostics.com
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(PINKSHEETS: MSOA - My Social Income, Inc.)
LATEST NEWS!!
My Social Income Announces 4th Quarter Results and Year-End Net Profit of $345,150.00
INDIANAPOLIS, Mar 8, 2010 -- My Social Income, Inc. (Pink Sheets: MSOA), a global provider of international Voice Over Internet Protocol (VoIP) communications, has recently changed its corporate name from InteleCom, Inc. to My Social Income, Inc. The name change reflects the company's move to providing a range of user-friendly products that will de-mystify Voice over IP telephony products, and bring them into the mainstream.
My Social Income today announced impressive 4th quarter and year-end results with net profits of $345,150.00. To review the entire results, please go to www.otcmarkets.com or www.pinksheets.com My Social Income recently announced a further launch to their new product line, which included a revolutionary international mobile rate plan. The company has also announced a new direction in their compensation plans and management remuneration. See comparable rates to global competition at www.mysocialincome.com.
Company president John A. Roberts Jr. stated the following, "Obviously we are pleased with the results released today and I'm proud that the team has followed our business plan. The changes in the 4th quarter yielded fantastic results and our new remuneration plan proved to be profitable." My Social Income has received great response to its enhanced product lines. The company expects to see increased revenues sometime later this year. Mr. Roberts added, "The current response has been incredible. We have our goals in sight, and our team ready for the challenge. To expand the company, cash flow is always a going concern. I am working diligently to always improve our financial outlook." Persons interested in acquiring the MSI or it's products can go to www.mysocialincome.com to learn more about this and the company's other new products and to sign up for the service.
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(PINKSHEETS: RHGP - Renhuang Pharmaceuticals, Inc.)
LATEST NEWS!!
Renhuang Pharmaceuticals to Present at Rodman & Renshaw Annual China Investment Conference
HARBIN, China, March 5, 2010 -- Renhuang Pharmaceuticals, Inc. (Pink Sheets: RHGP), a developer, manufacturer and distributor of botanical products, bio-pharmaceuticals and traditional Chinese medicines ("TCM"), announced today that Mr. Shaoming Li, the Company's Chairman and CEO, and Ms. Yan Yi Chen, CFO, will present at the upcoming Rodman & Renshaw Annual China Investment Conference to be held on March 7-9, 2010.
Date: March 9, 2010 Time: 2:50 p.m.
Location: The Regent Hotel - Diamond III 99 Jinbao Street, Beijing, China
During the conference, Company management will be available for one-on-one meetings with institutional investors. The Rodman & Renshaw Annual China Investment Conference is a three-day event which features tracks devoted to Agriculture, Auto, Cleantech & Energy, Consumer/Retail, Education, Healthcare, Industrial and Technology industries. For more information about the conference, please visit http://www.rodm.com/conferences .
About Renhuang Pharmaceuticals, Inc.
Renhuang Pharmaceuticals, Inc. is engaged in the research, development, manufacturing, and distribution of botanical products, bio-pharmaceutical products, and traditional Chinese medicines ("TCM"), in the People's Republic of China. All of the Company's products are produced at its three GMP-certified production facilities in Ah City, Dongfanghong and Qingyang. The Company distributes its botanical anti-depression and nerve-regulation products, biopharmaceutical products, and botanical antibiotic and OTC TCMs through its extensive distribution network of over 3,000 distributors and more than 70 sales centers across 24 provinces in China.
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(OTCBB: AMRR - ARMOUR Residential REIT, Inc.)
LATEST NEWS!!
ARMOUR Residential REIT, Inc. Declares First Quarter 2010 Dividend of $0.40 Per Share
VERO BEACH, Fla., Mar 5, 2010 -- The Board of Directors of ARMOUR Residential REIT, Inc. (OTCBB: AMRR) today declared a quarterly dividend of $0.40 per common share for the first quarter of 2010. The dividend will be paid on Thursday, April 29, 2010 to stockholders of record on March 15, 2010, with an ex-dividend date of March 11, 2010.
The Company believes that the dividend will be paid from taxable REIT earnings earned in the first quarter of 2010. The Company estimates that "Core Earnings" will be approximately $0.37 per common share for the first quarter of 2010 and that earnings from gain on sale of agency mortgage backed securities will be approximately $0.03 per common share. "Core Earnings" represents a non-GAAP measure and is defined as net income (loss) excluding impairment losses, gains or losses on sales of securities and termination of interest rate hedges, unrealized gains or losses on interest rate hedges, and certain non-recurring expenses. GAAP earnings, which will be announced with the filing of the Company's first quarter 2010 Form 10-Q, may differ from Core earnings as GAAP earnings will take into effect the unrealized change in the value of the Company's interest rate hedging program.
ARMOUR's residential mortgage backed securities portfolio consists of hybrid adjustable-rate, adjustable-rate and fixed-rate residential mortgage-backed securities issued or guaranteed by the U.S. Government-chartered entities the Federal National Mortgage Association (more commonly known as Fannie Mae), the Federal Home Loan Mortgage Corporation (more commonly known as Freddie Mac), and the Government National Mortgage Administration, a U.S. Government corporation (more commonly known as Ginnie Mae). On February 10, 2010 Fannie Mae and Freddie Mac announced plans to buy-out seriously delinquent mortgages (120 days or more delinquent) from pools which those agencies have issued. ARMOUR owns pools which may be subject to the announced buy-outs. The Company believes that the agency buy-outs will have no material impact on the Company's portfolio value and first and second quarter 2010 net income. On March 4, 2010, the agencies reported payment information which affects the holders of record for securities as of the last day of February 2010. ARMOUR's portfolio had an estimated weighted average annualized constant prepayment rate of 22% (or 22 CPR).
The Company also announced today that it expects to file a Form 10-K with the Securities and Exchange Commission for 2009 prior to the end of March 2010. As of the date of this announcement, the Company believes that it will report that shareholder's equity, as of December 31, 2009 was approximately $21.49 million, or approximately $9.32 per common share.
ARMOUR Residential REIT, Inc.
ARMOUR is a Maryland corporation focused on investing in residential mortgage-backed securities. ARMOUR is externally managed and advised by ARMOUR RESIDENTIAL MANAGEMENT LLC ("ARRM"). ARMOUR intends to elect and qualify to be taxed as a real estate investment trust ("REIT") for U.S. federal income tax purposes, commencing with ARMOUR's taxable year ending December 31, 2009.
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(OTCBB: BSRC - BioSolar, Inc.)
LATEST NEWS!!
BioSolar Announces Plans for Expanded Line of BioBacksheets for Photovoltaic Module Manufacturing in Various Grades
Premium Grade BioBacksheet to be Included in Expanded Line of BioBacksheets for Conventional c-Si Photovoltaic Module Manufacturing
SANTA CLARITA, Calif., Mar 08, 2010 -- BioSolar, Inc. (OTCBB: BSRC), developer of a breakthrough technology to produce bio-based materials from renewable plant sources that reduce the cost of photovoltaic solar modules, today announced plans for an extended line of BioBacksheets used to protect PV modules compatible with conventional c-Si PV modules.
Conventional c-Si Photovoltaic (PV) module manufacturers will soon have two different types of BioBacksheets to choose from depending on their durability and cost requirements: 1) a multi-layer BioBacksheet-C for conventional applications and 2) a new mono-layer BioBacksheet product line for premium applications. These products were developed to meet the existing and future direct needs of potential customers.
The announcement represents the latest addition to a broad and growing portfolio of bio-based backsheet materials made from renewable plant sources that reduce the cost of solar modules and eliminate the need for dangerous toxins found in petroleum based backsheets currently in use. Hailed by Design News as one of the "companies developing plastics from sustainable resources, such as plants not used as food sources, for photovoltaic cells, which are on the verge of an explosive growth burst," BioSolar recognizes the key to success is providing manufacturers various backsheet grades with corresponding price points to accommodate both the durability and economic requirements of each solar panel manufacturer.
The premium grade BioBacksheet will also feature monolayer construction, which eliminates the inner de-lamination issue associated with incumbent petroleum based backsheets, drastically improving its long term durability over traditional multi-layer backsheet construction. All grades of BioBacksheet will be less costly than their petroleum-based counterparts.
"As the global demand for solar energy continues to increase, BioSolar is uniquely positioned to replace conventional petroleum-based backsheets for c-Si PV modules which represent more than 70 percent of the PV module market," said Dr. David Lee, CEO of BioSolar. "Though it is generally expected to take time for a brand new PV component like BioBacksheet to reach a revenue stage, a complete line up of BioBacksheets will not only help BioSolar achieve meaningful revenue more rapidly, but expanding our line to better suit the practical and economical needs of manufacturers is yet another example of how BioSolar is innovating to make solar power a more viable and eco-friendlier alternative energy option." In a February 23, 2010 article on The Green Economy, Dr. Lee notes that "solar cells themselves are unlikely to see dramatic cost reductions while the 'non-active materials' that support the cells...are ripe for the kind of cost reduction that could make solar competitive even without government subsidies." The article calls his remarks "supported by a new report from Lux Research, Driving Down Solar Costs: Non-active Material Opportunities, which noted that while active semiconductor materials get a lot of attention, the "lesser-known non-active materials significantly impact module efficiency, and account for 15% to 48% of module manufacturing costs." About BioSolar, Inc.
BioSolar, Inc. has developed a breakthrough technology to produce bio-based materials from renewable plant sources that will reduce the cost per watt of solar cells. Most of the solar industry is focused on photovoltaic efficiency to reduce cost. BioSolar is the first company to introduce a new dimension of cost reduction by replacing petroleum-based plastic solar cell components with durable bio-based materials. To learn more about BioSolar, please visit our website at http://www.biosolar.com.
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