LAS VEGAS, NV - March 16, 2012 (Investorideas.com renewable energy newswire) SALAMON GROUP, INC. (OTCQB:SLMU) ("Salamon" or the "Company") is pleased to announce that Sunlogics Power, its wholly owned subsidiary, has become the senior creditor of DayStar Technologies, Inc. (DSTI), a solar energy company that has developed thin film CIGS deposition technology.
Michael Matvieshen, CEO, Salamon Group, Inc., states, "We are very excited by Daystar's technology which is a good fit for highly efficient solar module manufacturing. Our management is pleased to be working with DayStar to co-develop business opportunities. This initial investment positions us as a significant DayStar shareholder upon conversion. DayStar is listed on NASDAQ under symbol DSTI and this will facilitate future business opportunities for the companies and fits well into our overall plan."
Sunlogics Power has also been retained as a consultant to DayStar, on day-to-day business development and strategic opportunities.
About DayStar Technologies, Inc. (DSTI)
DayStar Technologies, Inc. is an industry leader in CIGS thin film deposition technology and is presently engaged in the development of solar photovoltaic products based on its technology. For more information, visit the DayStar website at http://www.daystartech.com/.
About Salamon Group
Salamon Group Inc., through its Sunlogics Power Fund Management Inc. division, is a solar energy project company specializing in the construction management and acquisition of renewable energy power projects. Sunlogics Power also looks to acquire assets and other companies in the solar and renewable energy space that are a strategic fit. Sunlogics Power is also a project-acquiring partner of Sunlogics Plc and its Subsidiary as well as other third party project developers. http://www.sunlogicspowerfund.com/
For further information about this release contact - Orsay Groupe, Inc., William J Nalley, 305-515-8077, to receive updates send your email and details to Orsay Groupe, Inc. Nos Falamos Portugues.
SLMU cautions that statements made in press releases constitute forward-looking statements, and makes no guarantees of future performances and actual results/developments may differ materially from projections in forward-looking statements. Forward-looking statements are based on estimates and opinions of management at the time statements are made.
Contact:
Mr. William Nalley
Orsay Groupe, Inc.
305-515-8077
Published on Investorideas.com newswire
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Friday, March 16, 2012
China Stock Alert: Cogo Group (Nasdaq: COGO) Soars on Record Revenue
New York, NY - March 16, 2012 - www.InvestorIdeas.com, a global investor research portal for independent investors, reports on China stock, Cogo Group, Inc. (Nasdaq: COGO). The stock is trading at $3.13, up 1.19 (61.34%) as of 12:45PM EDT with a morning high of $4.00. The Company reported record quarterly revenue of $169.5 million, up 49.3% year-over-year from $113.5 million reported a year earlier.
Summary:
2011 revenue of $564.7 million grew 43.9% versus 2010; 4Q11 revenue grew 49.3% to $169.5 million
Cogo Group, Inc. (Nasdaq: COGO) is one of the leading gateways for global semiconductor companies to access the rapidly growing Industrial and Technology sectors in China. Through its unique business-to-business services platform, Cogo designs customized embedded solutions using technology from suppliers including Intel, Broadcom, Xilinx, SanDisk, Freescale, Atmel and others for a customer base of over 1,800 Chinese OEMs/ODMs. Cogo's customer list includes approximately 100 blue-chip companies, including ZTE, BYD and NARI, as well as over 1,700 Small and Medium Enterprises (SMEs). The Company serves a broad list of rapidly growing end-markets in China, including 3G Smart phones, Tablets, Automotives, High-Speed Railway, Smart Meter/Smart Grid, Healthcare and High Definition Television ("HDTV").
www.cogo.com.cn.
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Summary:
2011 revenue of $564.7 million grew 43.9% versus 2010; 4Q11 revenue grew 49.3% to $169.5 million
- In 4Q11, the Company records $37.6 million non-cash goodwill impairment charge and Diluted Non-GAAP EPS Diluted of $0.13
- SME demand likely to be negatively impacted by tightened credit policies for the rest of 2012
Cogo Group, Inc. (Nasdaq: COGO) is one of the leading gateways for global semiconductor companies to access the rapidly growing Industrial and Technology sectors in China. Through its unique business-to-business services platform, Cogo designs customized embedded solutions using technology from suppliers including Intel, Broadcom, Xilinx, SanDisk, Freescale, Atmel and others for a customer base of over 1,800 Chinese OEMs/ODMs. Cogo's customer list includes approximately 100 blue-chip companies, including ZTE, BYD and NARI, as well as over 1,700 Small and Medium Enterprises (SMEs). The Company serves a broad list of rapidly growing end-markets in China, including 3G Smart phones, Tablets, Automotives, High-Speed Railway, Smart Meter/Smart Grid, Healthcare and High Definition Television ("HDTV"). www.cogo.com.cn.
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Thursday's Penny Stocks OTC Winners: (OTC: IDVC) (OTC: SKGP), (OTC: NEOM), (OTC: NNAN)
New York, NY - March 16, 2012 (Investorideas.com Newswire) www.InvestorIdeas.com, a global investor research portal for independent investors, reports on top percentage gainers on the OTCBB for March 15th.
Infrastructure Developments Corp. (OTC: IDVC) added 0.0030 (100.00%) to close at $0.0060 on over 6.64 million shares, 12.50X its 30-day average volume. Infrastructure Developments Corp., formerly 1st Home Buy & Sell Ltd., through its wholly owned subsidiaries focusing on project management in the Middle East, East Asia, and Oceania.
Smart Kids Group Inc. (OTC: SKGP) Shares recovered over 87% on Thursday after falling about 70% in the previous trading session without any official news. Smart Kids Group, Inc., a development-stage company, licenses technology and develops educational content and software.
NeoMedia Technologies, Inc. (OTC: NEOM) climbed 55.50%, extending its weekly gain to over 166% on increased volume. The stock has been rebounding from its 52-week low of $0.01, made last week. Yesterday, more than 180.28 million shares traded hands, compared to its 30-day average volume of 12.21 million shares.
Naturalnano Inc (OTC: NNAN) climbed 0.0003 (37.50%) to close at $0.0.0011 on over 129 million shares traded for the day, compared to its average volume of 9.04 million shares. The company announced that Dr. Michael King of Cornell University published his new technique for the isolation of circulating tumor cells (CTC) using NaturalNano's halloysite nanotubes.
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Infrastructure Developments Corp. (OTC: IDVC) added 0.0030 (100.00%) to close at $0.0060 on over 6.64 million shares, 12.50X its 30-day average volume. Infrastructure Developments Corp., formerly 1st Home Buy & Sell Ltd., through its wholly owned subsidiaries focusing on project management in the Middle East, East Asia, and Oceania.
Smart Kids Group Inc. (OTC: SKGP) Shares recovered over 87% on Thursday after falling about 70% in the previous trading session without any official news. Smart Kids Group, Inc., a development-stage company, licenses technology and develops educational content and software.
NeoMedia Technologies, Inc. (OTC: NEOM) climbed 55.50%, extending its weekly gain to over 166% on increased volume. The stock has been rebounding from its 52-week low of $0.01, made last week. Yesterday, more than 180.28 million shares traded hands, compared to its 30-day average volume of 12.21 million shares.
Naturalnano Inc (OTC: NNAN) climbed 0.0003 (37.50%) to close at $0.0.0011 on over 129 million shares traded for the day, compared to its average volume of 9.04 million shares. The company announced that Dr. Michael King of Cornell University published his new technique for the isolation of circulating tumor cells (CTC) using NaturalNano's halloysite nanotubes.
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BC Residents and Investor Disclaimer: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
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Thursday’s NASDAQ Winners: MEMS, PATH, PWAV, AIXG
New York NY, March 16, 2012 - www.InvestorIdeas.com, a global investor research portal for independent investors, reports on top percentage gainers on the NASDAQ for Thursday March 15th. The Nasdaq Composite ended higher for the seventh straight session gaining 15.64 (0.51%) at 3,056.37.
MEMSIC, INC. (NASDAQ:MEMS) was the biggest gainer on NASDAQ and surged 1.17 (30.95%) to multi-year high of $4.95 on high volume. The stock has gained over 57% ever since it reported its fourth quarter results on Feb 29, 2012. The company reported a loss of $3.3 million, or 14 cents a share on revenue of $21.5 million, compared to a year ago loss of $1.1 million, or 5 cents a share on revenue of $11.4 million.
NuPathe Inc(NASDAQ:PATH) rallied for the second straight session on Thursday and added another 0.84 (21.16%) to close at $4.81 after rising over 21% in the prior trading session as the company was mentioned in an article on Seeking Alpha, stating that the company stock has potential to double. The company is all set to report its fourth quarter and full year 2011 results on Tuesday, March 20, 2012.
Powerwave Technologies, Inc. (NASDAQ:PWAV) shares gained 0.33 (19.08%) to close at $2.06 on a technical breakout above the 200-day SMA and have been showing high volatility throughout the week. On Monday, the stock climbed over 42%, followed by a 14% correction in the next two trading sessions. Yesterday’s volume was over 2.45 million, over 2X its 30-day average volume.
AIXTRON SE (ADR) (NASDAQ:AIXG) shares increased by 2.80 (17.13%) to close at $19.15 after the analyst at Deutsche Bank upgraded their investment rating on the stock to buy from hold. Shares of AIXTRON have rallied over 50% so far this year.
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Thursday, March 15, 2012
Solar News: Salamon Group (OTCQB:SLMU) Reports MOU With Sunlogics PLC (18L1.F; 18L1.DE)
LAS VEGAS, NV - March 15, 2012 (Investorideas.com renewable energy newswire) SALAMON GROUP, INC. (OTCQB:SLMU) announced March 6th that it signed a Memorandum of Understanding (MOU) with the Sunlogics PLC (18L1.F; 18L1.DE) shareholder Millennium, for first right of purchase for an additional 10% of the common equity of Sunlogics PLC, through a lock up agreement dated March, 5, 2012. This additional position will bring Salamon Group Inc.'s holdings to 21 million shares. This position equates to a value for the company of 35 million dollars based on the current avaerage trading range of Sunlogics common on the Frankfurt stock exchange.
Michael Matvieshen, CEO, stated, "We believe positioning Salamon as the largest shareholder in Sunlogics PLC adds both short-term and long-term value to our company. There are competing interests in the ownership Group of Sunlogics PLC and we believe we will be able to acquire complete control over time or sell our position for a substantial profit. Sunlogics Plc Group has entered into major contracts with General Motors (GM- $26.00) and with China National Building Materials subsidiaries. These agreements are estimated to be worth several billion dollars of projects over the next couple of years and as a result ensure a substantial revenue stream for Salamon over the coming years." Mr. Matvieshen continued, "The Sunlogics position is an important step in implementing our business plan and I look forward to following this up with other developments over the coming weeks and months. This is an extremely exciting time in Salamon's development."
About Sunlogics (18L1.F; 18L1.DE)
Sunlogics PLC is a vertically-integrated global solar energy systems provider specializing in solar project development and installation. Sunlogics has a strategic partnership with Sunlogics Power Management Fund Inc (SLMU: US) and with other entities for the purpose of owning and operating solar projects developed by Sunlogics PLC. The scope of the company's current projects and operations reach to the nations of the world including Canada , United States , Europe and China . More information can be found at www.sunlogics.com.
About Salamon Group
Salamon Group, Inc. and its Sunlogics Power Fund Management, Inc. division, is a solar and renewable energy company specializing in the acquisition, construction and management of renewable energy power projects and companies. It is a project-acquiring partner of Sunlogics Plc and its subsidiary as well as other third party project developers. The Company also takes positions in other solar and renewable energy project producing companies that are a strategic fit within the Company's overall strategy.
For further information, Orsay Groupe, Inc. 305-515-8077 and/or visit: http://www.sunlogicspowerfund.com/
Published on Investorideas.com newswire
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Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising. www.InvestorIdeas.com/About/Disclaimer.asp. Disclosure: SLMU is a paid customer on Investorideas,com , publishing press releases and company content on Investorideas.com and our syndicated blogs and global partners effective March 14 ,2012 (three months: one thousand per month and nine thousand equivalent in 144 shares)
BC Residents and Investor Disclaimer : Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
Michael Matvieshen, CEO, stated, "We believe positioning Salamon as the largest shareholder in Sunlogics PLC adds both short-term and long-term value to our company. There are competing interests in the ownership Group of Sunlogics PLC and we believe we will be able to acquire complete control over time or sell our position for a substantial profit. Sunlogics Plc Group has entered into major contracts with General Motors (GM- $26.00) and with China National Building Materials subsidiaries. These agreements are estimated to be worth several billion dollars of projects over the next couple of years and as a result ensure a substantial revenue stream for Salamon over the coming years." Mr. Matvieshen continued, "The Sunlogics position is an important step in implementing our business plan and I look forward to following this up with other developments over the coming weeks and months. This is an extremely exciting time in Salamon's development."
About Sunlogics (18L1.F; 18L1.DE)
Sunlogics PLC is a vertically-integrated global solar energy systems provider specializing in solar project development and installation. Sunlogics has a strategic partnership with Sunlogics Power Management Fund Inc (SLMU: US) and with other entities for the purpose of owning and operating solar projects developed by Sunlogics PLC. The scope of the company's current projects and operations reach to the nations of the world including Canada , United States , Europe and China . More information can be found at www.sunlogics.com.
About Salamon Group
Salamon Group, Inc. and its Sunlogics Power Fund Management, Inc. division, is a solar and renewable energy company specializing in the acquisition, construction and management of renewable energy power projects and companies. It is a project-acquiring partner of Sunlogics Plc and its subsidiary as well as other third party project developers. The Company also takes positions in other solar and renewable energy project producing companies that are a strategic fit within the Company's overall strategy.
For further information, Orsay Groupe, Inc. 305-515-8077 and/or visit: http://www.sunlogicspowerfund.com/
Published on Investorideas.com newswire
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Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising. www.InvestorIdeas.com/About/Disclaimer.asp. Disclosure: SLMU is a paid customer on Investorideas,com , publishing press releases and company content on Investorideas.com and our syndicated blogs and global partners effective March 14 ,2012 (three months: one thousand per month and nine thousand equivalent in 144 shares)
BC Residents and Investor Disclaimer : Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
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