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Wellstar International Inc. (OTCBB: WLSI | Quote | Chart | News | PowerRating) Shares traded down 5.56% at $0.0017
Wellstar International, Inc., through its wholly owned operating subsidiary Trillennium Medical Imaging, Inc. (TMI), is poised to become a leading diagnostic company in the health care industry. TMI has developed and is marketing fully calibrated and functional, thermal imaging systems that utilize state-of-the-art infrared technologies and proprietary software to accurately and cost-effectively measure physiological changes in the human body.
WLSI News Yesterday, Wellstar announced that its wholly-owned subsidiary, Trillennium Medical Imaging ("TMI"), is ready to begin marketing its thermal imaging system to long-term care ("LTC") facilities in the United States. National statistics currently show that the incidence rate of pressure ulcers, commonly known as bed sores, is up to 28% of the population for those living in LTC facilities; with many leading experts believing the rate is even higher.
Nexia Holdings Inc. (OTCBB: NXHD | Quote | Chart | News | PowerRating) Shares traded down 50% at $0.0001
Nexia Holdings, Inc., through its subsidiaries, primarily engages in the ownership and operation of the Aveda Lifestyle Salon and the Reflections Hair & Image Studio in the Salt Lake City, Utah. The company also operates two retail clothing stores under the name Black Chandelier in the Trolley Square and Gateway shopping centers located in Salt Lake City, as well as an on line shopping site, www.blackchandelier.com. Its stores sell products under the trademarks, Black Chandelier, Jared Gold, Olfactory Surrealism, and Pink Chandelier. In addition, it engages in the acquisition, lease, and sale of office and retail properties in the Salt Lake City, Utah. The company was incorporated in 1987 and is based in Salt Lake City, Utah.
NXHD News Yesterday, Nexia Holdings reported that it generated a total of $2,113,943 (unaudited) in gross salon revenues for the year 2008. Landis Salons, Inc. now held by Green Endeavors Ltd. (Other OTC:GRNE.PK - News), www.green-endeavors.com, a majority owned subsidiary of Nexia, reported gross revenue growth of 4.2% to $2,113,943 in 2008 compared to $2,025,281 reported for the same period of 2007. The Salt Lake City Landis salon generated revenues of $1,829,381 (unaudited), a 2.7% decrease for 2008 compared to $1,879,798 reported the same period in 2007. The Bountiful Landis Salon's revenues for 2008 were $284,562 (unaudited), a 48.9% increase from the reported 2007 revenues of $145,483; this salon was acquired by Nexia during August of 2007. Richard Surber, President and CEO of Nexia, stated, "I am pleased to report that our salon operations have shown resilience during an economically challenging time. The number of services performed actually increased during 2008. We did see a dip in product sales. We are laying the groundwork for expansion and profitability in 2009 for our salons. More information will be forthcoming as our accounting staff gears up for filing Nexia's annual report."
China Runji Cement, Inc. (OTCBB: CRJI | Quote | Chart | News | PowerRating) Shares traded up 5.26% at $0.40
China Runji Cement, Inc. is one of the leading players in cement production and distribution. The Company's certified manufacturing facilities which contain cutting-edge technology and advanced equipment are capable of producing as much as 2 million tons of cement annually. Furthermore, the Company's solid distribution network and customer-orientated services have earned Runji's products a superior reputation among its customers. Headquartered in Anhui Province, the Company's markets include major local cities such as Hefei, Nanjing, and Liu'an.
CRJI News Yesterday, China Runji Cement announce that the waste heat power generator of the Company has started the architectural construction and equipment installation following the completion of groundwork foundation and switch board room in December 2008.
Building Materials Holding Corp. (OTCBB: BLGM | Quote | Chart | News | PowerRating) Shares traded down 10.26% at $0.35
Building Materials Holding Corporation, through its subsidiaries, provides residential building products and construction services to professional homebuilders and contractors in western and southern regions of the United States. It operates through two segments, BMC West and SelectBuild. The BMC West segment markets and sells building products, such as structural lumber and building materials; and manufactures building components, including millwork, floor and roof trusses, and wall panels. This segment also provides construction services, such as framing and installation of various building products. The SelectBuild segment offers various construction services, including wood framing or concrete block masonry, concrete services, plumbing, and other services. Its construction services also include managing labor and construction schedules, as well as sourcing materials. The company was founded in 1987 and is headquartered in San Francisco, California.
BLGM News Yesterday, Building Materials Holding announced that in an effort to continue to align costs with current market conditions, it will close several additional facilities. BMHC will close all of its operations located in Northern Nevada, including Reno and Sparks facilities. In Sherwood, Oregon the Company will consolidate its greater Portland market operations to its Vancouver, Washington facility, closing the Sherwood site. In Marysville, California BMHC will consolidate its lumber and building materials distribution and wall panel manufacturing operations into its existing Modesto, California facilities. Other operational consolidations will occur in Texas, Colorado and Arizona. These closures and consolidations are expected to be substantially completed during the first quarter of 2009. Approximately 260 employees in total are expected to be affected by these actions.
China Gengsheng Minerals, Inc. (OTCBB: CHGS | Quote | Chart | News | PowerRating) Shares traded up 27.27% at $0.70
China Gengsheng Minerals, Inc. ("Gengsheng") develops, manufactures and markets a broad range of high-tech industrial material products, including monolithic refractories, industrial ceramics and fracture proppants. A market leader offering customized solutions, Gengsheng sells its products primarily to the iron-and-steel industry as heat-resistant components for steel-making furnaces, industrial kilns and other high-temperature vessels to guarantee and improve the productivity of those expensive pieces of equipment while reducing their consumption of energy. Founded in 1986 and based in China's Henan province, Gengsheng currently has over 200 customers in the iron, steel, oil, glass, cement, aluminum and chemical businesses located in China and in 11 other countries. Gengsheng conducts business through Gengsheng International Corporation, a British Virgin Islands company, and its Chinese subsidiaries, which are Henan Gengsheng Refractories Co., Ltd., Zhengzhou Duesail Fracture Proppant Co., Ltd. and Henan Gengsheng High Temperature Materials Co., Ltd.
CHGS News Yesterday, China Gengsheng Minerals announced that Henan Gengsheng Refractories Co., Ltd., its wholly owned subsidiary, was granted the AAA credit rating by the Zhengzhou Enterprise Creditworthiness Evaluation Committee ("the Committee") in Henan Province. The Committee approved the rating after reviews conducted by seven municipal-level bureaus, including the Zhengzhou Economic Development Commission, the Business Board of Zhengzhou, the Industrial and Commerce Bureau and the Tax Bureau. Among the highest credit-rated enterprises in Zhengzhou, a total of 16 received the AAA rating; 11 received AA; and 1 received A.
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