|
www.Xtremepicks.Com: Xtremepicks Alerts October 22, 2009 : CBAK, RINO, FIRE and PRVT
(M2 PressWIRE Via Acquire Media NewsEdge) Xtremepicks.com Alerts include China BAK Battery, Inc. (Nasdaq: CBAK), RINO International Corp. (Nasdaq: RINO), Sourcefire, Inc. (Nasdaq: FIRE) and Private Media Group, Inc. (Nasdaq: PRVT)
China BAK Battery, Inc. (Nasdaq: CBAK) trading at $3.88 per share on trading volume of 1.90M shares.
In a press release out on October 22, China BAK to Raise $20.6 Million in Registered Direct Offering
SHENZHEN, China, Oct 22, 2009 -- China BAK Battery, Inc. ("China BAK" or "BAK") (Nasdaq: CBAK) today announced that it has entered into definitive agreements with certain accredited investors to sell in a registered direct offering 5,790,000 units, each unit consisting of one share of common stock and a warrant to purchase 0.25 of a share of common stock, at a price of $3.55 per unit under its Form S-3 Registration Statement resulting in gross proceeds to the Company of approximately $20.6 million, before deducting placement agent fees and expenses of the offering. The warrants may be exercised at $3.90 per share. The warrants, if not exercised, will expire 24 months from the closing date.
About China BAK Battery, Inc.
China BAK Battery, Inc. is one of the largest manufacturers of lithium-based battery cells in the world, as measured by production output. It produces battery cells that are the principal component of rechargeable batteries commonly used in cellular phones, notebook computers and portable consumer electronics, such as digital media devices, portable media players, portable audio players, portable gaming devices, and PDAs. China BAK Battery, Inc.'s 3.0-million-square-foot facilities are located in Shenzhen and Tianjin, PRC, and have been recently expanded to produce new products.
RINO International Corp. (Nasdaq: RINO) trading at $22.77 per share on trading volume of 637,916 shares.
In a press release out on October 22, RINO International Corp. Awarded $18.4 Million Contract for its DWM Sludge Treatment System
DALIAN, China, Oct 22, 2009 -- RINO International Corp. (Nasdaq: RINO), a leading producer of proprietary and patented wastewater treatment, desulphurization equipment, and high temperature anti-oxidation systems for iron and steel manufacturers in the People's Republic of China ("PRC"), today announced that on October 20, 2009 it entered into a contract valued at $18.4 million with the government of Dalian Development District, located on the southern tip of the Liaodong Peninsula with an area of 388 square kilometers and a population of 360,000.
About RINO International Corporation
RINO International Corporation, through its direct and indirect subsidiaries, including Innomind Group Limited and Dalian Innomind Environment Engineering Co., Ltd., its contractually-controlled affiliate, Dalian RINO Environmental Engineering Science and Technology Co., Ltd. ("Dalian Rino") and Dalian Rino's wholly-owned subsidiaries, Dalian Rino Environmental Engineering Project Design Co., Ltd. and Dalian Rino Environmental Construction & Installation Project Co., Ltd., is a leading provider of environmental protection equipment for the iron and steel industry in China. Specifically, RINO designs, manufactures, installs and services proprietary and patented wastewater treatment, flue gas desulphurization equipment, and high temperature anti-oxidation systems, which are all designed to reduce either industrial pollution and/or improve energy utilization. RINO's manufacturing facility maintains the ISO 9001 Quality Management System and ISO 14001 Environment Management System certifications, in addition to receiving numerous government and industry awards. Additional information about the Company is available at the Company's website: http://www.rinogroup.com .
Sourcefire, Inc. (Nasdaq:FIRE) trading at $21.41 per share on trading volume of 184,588 shares.
In a press release out on October 22, Sourcefire Named to Deloitte Technology Fast 500 List for Third Consecutive Year
National Award Recognizes the Fastest Growing Companies in North America
COLUMBIA, Md., Oct 22, 2009 -- Sourcefire, Inc. (Nasdaq:FIRE), a leader in Cybersecurity, today announced that the company has been selected for the third consecutive year to the Deloitte Technology Fast 500, this year ranking 348. The Deloitte Fast 500 program lists the fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America based on their percentage revenue growth over a five-year period.
About Sourcefire
Sourcefire, Inc. (Nasdaq:FIRE), is a world leader in Cybersecurity solutions. Sourcefire is transforming the way Global 2000 organizations and government agencies manage and minimize network security risks. Sourcefire's IPS and Real-time Adaptive Security solution equips customers with an efficient and effective layered security defense -- protecting network assets before, during and after an attack. Through the years, Sourcefire has been consistently recognized for its innovation and industry leadership by customers, media and industry analysts alike -- with more than 50 awards and accolades. Today, the names Sourcefire and founder Martin Roesch have grown synonymous with innovation and network security intelligence. For more information about Sourcefire, please visithttp://www.sourcefire.com.
Private Media Group, Inc. (Nasdaq: PRVT) trading at $0.84 per share on trading volume of 59,988 shares.
In a press release out on October 22, Private Media Group Announces Expansion of European Strategic Alliance With Beate Uhse Into Benelux
BARCELONA, Spain, Oct 22, 2009 -- Private Media Group, Inc. (Nasdaq: PRVT) a worldwide leader in premium-quality adult entertainment content today announced it has expanded its European distribution alliance with Beate Uhse AG (XETRA: USE), through its subsidiary Scala Agenturen BV, to collaborate in the home video market in the Benelux region.
About Private Media Group
With its over 40 year track record, NASDAQ listed Private Media Group (PRVT) is a brand-driven world leader in adult entertainment, operating a global content distribution network with a wide range of platforms including mobile telephone handsets via 85 network operators in 36 countries, digital TV via 35 platforms in 18 countries, broadband Internet, television broadcasting, DVDs and magazines. Private Media Group owns the worldwide rights to its extensive archive of high-quality content, and also licenses its Private and "Silver Girls" trademarks internationally for a select range of luxury consumer products. Private is the world's preferred content provider of adult entertainment to consumers anywhere, at any time and across all distribution platforms and devices.
Xtremepicks.com profiles early stage microcap and growth stocks that provide innovative products or services resulting in potentially "hyper-growth" opportunities. Often, these companies have yet to be recognized by Wall Street and the undiscovered nature of Xtremepicks.com's profile companies provide our members the opportunity to learn about these companies at their development stage, and more importantly before they possibly "turn the corner" and get exposed to a much larger investing audience.
Xtremepicks.com (www.Xtremepicks.com) has prepared all material herein based upon information believed to be reliable. The information contained herein is not guaranteed by Xtremepicks.com to be accurate, and should not be considered to be all-inclusive. Xtremepicks.com is a leading information resource for evaluating investment opportunities in small and microcap stocks. We focus on a limited number of companies in order to provide comprehensive coverage, including unique investment related features not available anywhere else on the Internet. To feature a company or to get more information, please visit us at www.Xtremepicks.com or email us at info@Xtremepicks.com Xtremepicks.coms affiliates, officers, directors and employees may also have bought or may buy the shares discussed in this opinion and may profit in the event of a rise in value. Xtremepicks.com will not advise as to when it decides to sell and does not and will not offer any opinion as to when others should sell; each investor must make that decision based on his or her judgment of the market.
To view full disclaimers, go to http://www.Xtremepicks.com/disclaimer.htm
((Comments on this story may be sent to info@m2.com))
(c) 2009 M2 COMMUNICATIONS
[ Back To TMCnet.com's Homepage ]
|
SUBSCRIPTIONS
Activate Email 
TMCnet LOGIN
Find Solutions for Enterprises, SMBs & Service Providers at the INTERNET TELEPHONY Conference and EXPO West, October 4-6, 2010. Los Angeles, CA.
