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| Title: QualityStocks Daily Video 6/25/2007 |
| Description: Welcome to The Daily Stock Report...brought to you by QualityStocks.Net, performance tracked daily.
I'm Cathy Rankin and for Monday June 25th we're bringing you the latest news from around the markets as well as the top movers to look out for today...
(HEADLINE NEWS)
Let's get into some of the top movers and shakers on the Quality Stocks watch list specifically what was going on last week...
Today's report is brought to you today by Nascent Wine Company, Inc. (NCTW.OB)
Nascent Food Service, Inc. (NCTW.OB)
Nascent is one of Baja Mexico's largest food distributors, marketing and distributing over 1,400 national and proprietary brand food and non-food products to over 1,000 customers
Universal Energy Corp. (UVSE.OB) shares were boosted on news that well site preparation has commenced on the Amberjack prospect located in Plaquemines Parish, Louisiana. The company has reported exceptional progress at the site, and the company projects the spud date within the next two weeks.
Universal Energy Corp. also announced in May the have entered into a participation agreement for another high impact prospect in the Plaquemines Parish region of Southeastern Louisiana.
Universal Energy Corp. is an energy company engaged in the acquisition and development of crude oil and natural gas leases in the United States and Canada.
Velocity Express Corporation (VEXP) will purchase one million (1,000,000) shares of Velocity Express Treasury Common Stock at the greater of $1.10 per share, and expects to receive the proceeds over the next several weeks.
The company announced in May that third quarter revenue was $98.2 million compared to $102.3 million in the second quarter of fiscal 2007. The companies nine month revenue was $311.5 million compared to pro forma revenue of $328.1 million for the same nine month period of last year.
Interact Holdings Group, Inc. (IHGR.OB) announced that it has signed a new contract with utility.net, in a multi-phased effort to implement and operate a network operations center under a Master Services Agreement (MSA) signed in October 2006 between the two companies.
The company also announced that the quarterly financials for the first quarter of 2007. For the period of January 1, 2007 to March 31, 2007, the company posted revenues of $1,053,135 as compared to $468,714 for the same period in 2006. This reflects a net increase in revenues of 125%. The increase was primarily due to the acquisition of UTSI International which took place in May of 2006.
Union Dental Holdings, Inc. (UDHI.OB) announced it has signed a Letter of Intent to acquire Bellflower Dental for $5.0 Million. As of the end of 2006 Bellflower Dental has revenues of $10,234,000 with an adjusted EBITDA of $521,000.
Union Dental has contracts with CWA local 9400 in Paramount and 9586 in Norwalk to be the only dental network their union will endorse for their members to use.
Russell Industries, Inc. (RSDS.PK) shares surged on the announcement that it has acquired an additional 50 Uranium Mine Claims, which are in close proximity to the company's other Rage Claims in San Juan County, UT. The acquisition raises Russell Industries current total of San Juan County Uranium Claims to 254, covering an area of 5,080 acres
The company plans to begin mining operations in May on estimated reserves of up to 1,000 tons of Uranium. The Company has positioned itself to continue its strategic plan for 2007 by acquiring an additional 50 Uranium mining claims, quantifying and valuing its present claims and make application to mine part of its claims."
And that's our newsmakers, Stay tuned right here to Quality Stocks Daily for the latest news from small cap to large cap, and everything in by QualityStocks.Net, where performance is tracked daily.
Thank you for tuning in, I'm Cathy Rankin, Have a great day and we'll see you tomorrow, right here on the daily report.
Please see Disclaimer on site: http://Disclaimer.QualityStocks.net |
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