www.StockMarketingInc.com: Breaking News!! BRGO "Bergio Featured in Robb Report Magazine"

Posted on: Thu, 19 Nov 2009 09:40:00 EST


Symbols: CNOA, OPSY, NPDV, CPQQ, CPRQ, CNOAE, BRGO, IROG
Nov 19, 2009 (M2 PRESSWIRE via COMTEX) --
OPSY | Quote | Chart | News | PowerRating -- STOCK MARKETING INC PRESENTS : (OTCBB: BRGO | Quote | Chart | News | PowerRating) Bergio International, Inc., (OTCBB: CNOA | Quote | Chart | News | PowerRating) China Organic Agriculture, Inc., (OTCBB: CPQQ | Quote | Chart | News | PowerRating) China Power Equipment Inc., (OTCBB: NPDV | Quote | Chart | News | PowerRating) National Patent Development Corp., (OTCBB: IROG | Quote | Chart | News | PowerRating) Ironwood Gold Corp., (PINKSHEETS: OPSY | Quote | Chart | News | PowerRating) Optical Systems, Inc.

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(OTCBB: BRGO - Bergio International, Inc.)

LATEST NEWS!!

Bergio Featured in Robb Report Magazine

FAIRFIELD, N.J., Nov 19, 2009 -- Bergio International, Inc. (OTC Bulletin Board: BRGO | Quote | Chart | News | PowerRating) announces that it has been featured in a six page story of the affluent magazine, Robb Report, in the November issue.

"Robb Report is just one of the many avenues of advertising Bergio has put into place to brand its name. Bergio is the first designer in Robb Report magazine to have multi-page exposure," stated Berge Abajian, CEO of Bergio International, Inc.

About Robb Report For over 30 years, Robb Report magazine has served as the definitive authority on connoisseurship for ultra-affluent consumers. Robb Report not only showcases the products and services available from the most prestigious luxury brands around the globe, but it also provides its sophisticated readership with detailed insight into a range of these subjects, which include sports and luxury automobiles, yachts, real estate, travel, private aircraft, fashion, fine jewelry and watches, art, wine, state-of-the-art home electronics and much more. For connoisseurs seeking the very best that life has to offer, Robb Report remains the essential luxury resource.

About Bergio International, Inc.

Bergio is entering into its 20th year of operations with boutique, upscale jewelry stores. It currently sells its jewelry to approximately 150 independent jewelry retailers across the United States. Bergio has spent millions in branding the Bergio brand through tradeshows, trade advertising, national advertising and billboard advertising since launching the line in 1995. Bergio has manufacturing control over its line as a result of having a manufacturing facility in New Jersey as well as subcontracts with facilities in Italy and Bangkok.

We have established Bergio International as a holding company for the purpose of acquiring well-established jewelry design and manufacturing firms who possess branded product lines.

Additionally, Bergio intends to acquire design and manufacturing firms throughout the United States and Europe. If and when they pursue any potential acquisition candidates, they intend to target the top 10% of the world's jewelry manufactures that have already created an identity and brand in the jewelry industry.

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(OTCBB: CNOA - China Organic Agriculture, Inc.)

LATEST NEWS!!

China Organic Agriculture, Inc. Third Quarter 2009 Financials

--Company Reports $40 Million Revenue, $4.5 Million Net Income and EPS of $0.06 for Q3 2009

SHENZHEN, China, Nov 17, 2009 -- China Organic Agriculture, Inc. (OTC Bulletin Board: CNOA | Quote | Chart | News | PowerRating) ("China Organic Agriculture" or the "Company"), a global diversified food products company engaged in the trading and distribution of agricultural products headquartered in the Liaoning province in China, today announced its financial results for the three and nine months ended September 30, 2009.

Financial Highlights 1) Sales revenue and gross profit for the third quarter, inclusive of the portions attributable to the minority interest in its subsidiary, Dalian Huiming, were $39.7 million and $11.1 million. Although sales decreased 15% as compared to the prior year, gross profit was approximately equal to that of last year's comparable period, reflecting the Company's focus on higher margin trading opportunities.

2) Sales revenue and gross profit for the nine months, inclusive of the portions attributable to the minority interest in its subsidiary, Dalian Huiming, were $106.4 million and $26.4 million, a year-over-year increase of 97.4% and 103.8% respectively.

3) Selling, general and administrative expenses declined by 9.5% for the first nine months as compared to the same period a year ago in spite of the near doubling of revenues.

4) Earnings per share from continuing operations attributable to the Company for the quarter was $0.06, a substantial decrease from the $0.15 from continuing operations recorded in the comparable period last year.

Sales for the nine months ending September 30, 2009 totaled $106.4 million compared to $53.9 million for the same period last year. This increase of $52.5 million is attributable to the Company's acquisition of 60% of the equity of Dalian Huiming Industry Ltd. ("Dalian Huiming") in October 2008, which accounted for the substantial revenue growth for the nine-month period.

Although the sales during the three months ended September 30th were lower than same period last year, because the Company achieved improved gross and operating margins its gross profit for the third quarter of 2009 was comparable to the third quarter of 2008. The increase in gross profit for the nine-month period resulted from the increased revenue was attributable to Dalian Huiming.

Net income attributable to CNOA shareholders was $4.5 million for the third quarter of 2009, compared to net income of $8.5 million for the same period last year, excluding discontinued operations in 2008. Net income attributable to CNOA shareholders was $10.9 million for the nine months ended September 30, 2009, compared to net income of $8.5 million for the same period in 2008, again excluding discontinued operations. These results reflect the Company's ownership of 60% of Dalian Huiming. Because the Company owns only 60% of Dalian Huiming, 40% of Dalian Huiming's net income is recorded as income attributed to non-controlling interest.

The basic and diluted earnings per share for the third quarter attributable to CNOA's shareholders were $0.06, compared to last year's third quarter results of $0.15 per share, and the basic and diluted earnings per share for the nine months ended on September 30, 2009 attributable to CNOA's shareholders were $0.15 as compared to $0.16 per share in the comparable prior year period. The 2008 quarter and nine months results exclude $0.02 and $0.03 per share, respectively, from discontinued operations. A former operating subsidiary of the Company, ErMaPao, was sold effective September 30, 2008 and its results are now classified as discontinued operations in the attached schedules.

Financial Conditions On September 30, 2009, the Company's cash and cash equivalents totaled $17.3 million compared to $1.6 million as of September 30, 2008. As of September 30, 2009, current assets totaled $90 million and current liabilities were $30 million.

During the nine months ended September 30, 2009, the Company used 5.0 million in its operating activities, reflecting the increase in the Company's accounts receivable due to the increased sales for the nine-month period. The Company also recorded $5.2 million of investments and $9.8 million of cash inflows from financing activities during this period.

Business Developments On February 29, 2008, the Company acquired the California based Bellisimo Vineyard, for $14.8 million. This vineyard produces Chardonnay, Merlot and Cabernet Sauvignon wine grapes. On September 30, 2008, the Company sold its subsidiary, ErMaPao for a non-interest bearing note receivable of $8.7 million which has been paid in full.

In October 2008, the Company acquired 60% of the outstanding shares of Dalian Huiming for $10.6 million, Dalian Huiming is a top-tier agricultural trading company focused on soybeans, corn, and cereal crops, all major agricultural products in China.

About China Organic Agriculture China Organic Agriculture is based in China and is primarily engaged in the acquisition, trading and distribution of agricultural products. For more information, please visit: http://www.chinaorganicagriculture.com .

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(OTCBB: CPQQ - China Power Equipment Inc.)

LATEST NEWS!!

China Power Equipment Reports Dramatically Higher Revenues and Net Income

XI'AN, China, Nov 17, 2009 -- China Power Equipment, Inc. ("China Power Equipment," OTC Bulletin Board: CPQQ), the manufacturer of a new generation of energy saving electric transformers and transformer cores in the People's Republic of China, reported dramatically higher revenues and net income for the three months ended September 30, 2009.

Third Quarter 2009 Highlights -- Net revenues increased 252% to $7.89 million in the third quarter 2009 from $2.24 million in the third quarter 2008.

-- Gross profit increased 280% to $1.96 million in the third quarter 2009 from $0.52 million in the third quarter 2008.

-- Net income increased 516% to $1.41 million in the third quarter 2009 from $0.23 million in the third quarter 2008.

-- Diluted earnings per share increased 350% to $ 0.09 per share in the third quarter 2009 from $ 0.02 per share in the third quarter 2008.

Net revenues were $7.89 million in the third quarter 2009, up 252% from $2.24 million in the third quarter 2008. Net income was $1.41 million in the third quarter 2009, up 516% from $0.23 million in the third quarter 2008. Diluted earnings per share were $0.09 per share in the third quarter 2009, up 350% from $0.02 per share in third quarter 2008.

Net revenues were $16.48 million in the nine months ended September 30, 2009, up 142% from $6.81 million in the nine months ended September 30, 2008. Net income was $3.05 million in the nine months ended September 30, 2009, up 175% from $1.11 million in the nine months ended September 30, 2008. Diluted earnings per share were $0.20 per share in the nine months ended September 30, 2009, up 186% from $0.07 per share in nine months ended September 30, 2008.

Mr. Yong Xing Song, Chairman of the Board of China Power Equipment, said, "The third quarter 2009 was a dramatic improvement in our financial performance over the third quarter 2008, led by amorphous alloy transformer cores that were up 322 percent in revenues and up 354 percent in gross profit from the third quarter 2008. Amorphous alloy transformers in the third quarter were up 159 percent in revenues and up 169 percent in gross profit from the third quarter 2008. To help fulfill the large increase in our customers' orders, we contracted out some production to a manufacturer for whom we provide technical support.

"Our revenues from silicon steel cores and transformer declined because we have exited that product line to focus on amorphous alloy products as our major product lines and are no longer actively marketing steel core products.

"In addition to higher revenues, our expenses remained under good control and our interest expense was lower, so our net income increased 516 percent to $1.41 million in the third quarter compared with the third quarter 2008.

"We have funded our recent operations mainly through cash generated from operations. We believe our existing cash and cash equivalents will be sufficient to maintain our operations at the present level for at least the next 12 months." The Chinese government has mandated that in the next few years, China's traditional steel core electric transformers will be gradually replaced by amorphous alloy transformers, because they are far more energy efficient.

For example, a typical amorphous alloy core transformer consumes 150 watts to operate, which is 77.6 percent less electricity than a comparable silicon steel core transformer, which requires 670 watts to operate.

Since an amorphous alloy transformer consumes less electricity, it reduces the need to generate electricity. In turn, less coal is burned to provide the same net electricity to the consumers. The result is lower air pollution. To illustrate the pollution reduction, it is estimated that compared to a silicon steel core transformer with the same capacity, each amorphous alloy core transformer reduces pollutants from coal combustion each year by 3,972 kilograms of carbon dioxide, 120 kilograms of sulfur dioxide, and 60 kilograms of nitrous oxide each year. Both transformers in this comparison are assumed to be operating at 315 kilovolt-amperes while stepping down 10,000 volts to 220 volts, which is the consumer voltage in China.

Mr. Song continued, "China is upgrading to amorphous alloy electric transformers in urban areas, as well as selecting them as it extends and improves electric service in rural regions. As a result, the demand for China Power Equipment's amorphous alloy products is expected to continue to increase."

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(OTCBB: NPDV - National Patent Development Corp.)

LATEST NEWS!!

National Patent Development Corporation Reports Third Quarter Operating Results

NEW YORK, Nov 17, 2009 -- National Patent Development Corporation (OTC Bulletin Board: NPDV.OB - News) today reported a net loss of $(767,000), $(0.04) per basic share, for the three months ended September 30, 2009, compared to a net loss of $(870,000), $(0.05) per basic share, for the three months ended September 30, 2008.

For the nine months ended September 30, 2009, the Company reported a net loss of $(2,143,000), $(0.12) per basic share, compared to a net loss of $(2,675,000), $(0.16) per basic share, in the corresponding nine month period a year ago.

For the three and nine months ended September 30, 2009, the Company reported revenue from continuing operations of $27,131,000 and $80,027,000, respectively, compared to $31,216,000 and $94,114,000 for the three and nine months ended September 30, 2008, respectively. The results for the nine months ended September 30, 2008 include a charge of $1,096,000 related to the resignation of the former Chairman of the Board of its wholly owned subsidiary, Five Star Products, Inc. ("Five Star") on March 25, 2008 and the three and nine months ended September 30, 2008 include $489,000 of previously unrecognized compensation cost related to unvested share-based compensation arrangements of Five Star being charged to operations. The Company's operating loss, for the nine months ended September 30 was $(1,028,000) in 2009 and $(2,417,000) in 2008. For the three months ended September 30 the Company's operating loss was $(381,000) in 2009 and $(757,000) in 2008.

About National Patent Development Corporation National Patent Development Corporation (OTC Bulletin Board: NPDV.OB - News), is the owner of Five Star. Five Star is engaged in the wholesale distribution of paint sundry and hardware products in the Northeast and Middle-Atlantic states with particular strength in the greater New York metropolitan area. The Company distributes products to approximately 3,000 independent retail dealers, which include paint stores, independent hardware stores, lumber yards, and do-it yourself centers. The Company distributes a range of private label products sold under the "Five Star" name. Five Star operates two distribution centers, the primary one located in East Hanover, NJ and another in Newington, CT. In addition, National Patent owns certain non-core assets including real estate.

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(OTCBB: IROG - Ironwood Gold Corp.)

LATEST NEWS!!

Ironwood Gold Corp. Appoints V.P. Exploration, Dr. Howard Lahti to Board of Directors

SCOTTSDALE, AZ, Nov 19, 2009 -- Ironwood Gold Corp. (OTCBB: IROG | Quote | Chart | News | PowerRating) (the "Company" or "Ironwood") wishes to welcome Dr. Howard Lahti as the latest expert addition to its growing Board of Directors and to his role as Vice President of Exploration.

Dr. Lahti has worked in a wide variety of exploration roles beginning in 1967 with Texas Gulf Co., followed by stints with Dresser Minerals Inc., Boliden Preusag, Millennium Gold (Thailand) Ltd., Pancontinental (Canada) Ltd, Barringer Research and Cerro Canada Ltd. He has focused on both precious and industrial metals throughout a career that has taken him around the world, from Canada, to South America, to Africa and Asia. In 2006 he directed a drilling program for UC Resources centered on the McFaulds #3 VMS deposit and subsequently the Noront new MMS Copper-Nickel-PGE deposit located about 20km to the west from the McFaulds Lake Camp. He served as the "qualified person" under National Instrument 43-101 for Salazar Resources Inc. that bought the Curimining SA gold properties. In 2005 he completed a proprietary geochemical survey for Kitsault Resources in northwest British Columbia and supervised an MMI geochemical survey for a South African company at Victoria Island in the Arctic. Early in the 2000s, Dr. Lahti managed drilling and other mineral exploration projects for diamonds, gold and base metals in Ontario, Northwest Territories, British Columbia, Panama, Brazil, Peru and Africa. He also incorporated and ran Deep Search Exploration Technologies Inc. (DSET), a geochemical service company located in Fredericton, New Brunswick.

Mr. Rob Reukl, President of Ironwood Gold, comments, "We are very gratified by Dr. Lahti's appointment. With the addition of his experience and track record of success to our team, we are quickly developing a world class management, advisory and oversight body that will prove invaluable as we begin to turn our strategic aims into reality." ABOUT IRONWOOD GOLD CORP. (OTCBB: IROG | Quote | Chart | News | PowerRating) Ironwood Gold Corp. is a mineral exploration and development company building a portfolio of prospective properties containing known deposits of strategic precious metals in politically stable, mining-friendly North American districts with recognized production histories.

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(PINKSHEETS: OPSY - Optical Systems, Inc.)

LATEST NEWS!!

Optical Systems, Inc. Signs Marketing Agreement to Target 1,700 East Coast Dealerships With Its Flagship CRM Software, Save-a-Deal 2010

--Potential annual revenue from Save-a-Deal could exceed $50 million

HOUSTON, Nov 18, 2009 -- Automotive Software Designers, Inc., a leading provider of software and services for the automotive retail industry and a wholly owned subsidiary of Optical Systems, Inc. (Pink Sheets: OPSY | Quote | Chart | News | PowerRating) today announced that it has selected DealerDX, LLC to exclusively market the latest version of the Company's flagship customer relationship management (CRM) software, Save-a-Deal, to automobile and recreational vehicle dealerships across Maryland, Pennsylvania and Virginia.

"There are more than 1,700 dealerships in the Northeast, "said B.J. Grisaffi, Chairman and Chief Executive Officer of Optical Systems, Inc. "Save-a-Deal has the potential to generate more than $50 million in annual revenue if we are able to sign 50 percent of those dealerships. This agreement could be a game changer for our Company and our shareholders." DealerDX, LLC is a private consulting firm, and a member of the National Association of Minority Automobile Dealers (NAMAD). Teresa Beasley who recently joined forces with DealerDX after a 20-year career with Reynolds and Reynolds said: "Save-a-Deal 2010 is key to driving dealership productivity, quality, and profit improvements. Save-a-Deal is designed for dealers by dealers." Save-a-Deal is a comprehensive, fully-integrated front office software solution specifically designed to increase auto dealerships' profitability. When properly used, this scalable CRM system is guaranteed to increase unit sales and profit-per-vehicle, while lowering costs through enhanced efficiency. Save-a-Deal 2010 is a more streamlined, cost-effective CRM solution than its predecessor with added capabilities in remote personnel management, customer service, training, and security.

"Save-a-Deal 2010 is an amazing product that has the potential to revolutionize daily operations at automobile, RV, motorcycle, and boat dealerships," said Lee Putney, President and Founder of DealerDX, LLC. "We are excited about expanding our role with the company, and target new dealerships in key markets across the United States." About Optical Systems, Inc.

Optical Systems, Inc., through its operating subsidiary, Automotive Software Designers, Inc., develops technology and services for the automotive retail industry designed to maximize productivity and increase profits at auto dealerships. ASDI's flagship technology solution, Save-a-Deal, is a turnkey customer relationship management (CRM) tool for auto dealerships. Our business development center (BDC) provides a variety of services designed to help auto dealerships drive traffic to their showroom or Web site, retain customers and generate new streams of revenue. For more information, visit http://www.opticalsystemsinc.com

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