SPNG, CWSI, STRB Stock-PR Stock Highlights August 17, 2009
Source: http://stock-pr.com/?p=956Posted on Monday, August 17th, 2009 | In Market Commentary, Small & Micro Cap
BeaconEquity.com announces an investment report featuring SpongeTech Delivery Systems Inc. (OTCBB:SPNG). The report includes financial, comparative and investment analyses, and pertinent industry information you need to know to make an educated investment decision. The investment report on SpongeTech Delivery Systems Inc. (OTCBB:SPNG) should be of particular interest to comparable companies: Ecolab Inc. (NYSE:ECL), Clorox Co. (NYSE:CLX), Church & Dwight Co. Inc. (NYSE:CHD) and Procter & Gamble Co. (NYSE:PG). It is available at: http://www.beaconequity.com/i/SPNG
China Wind Systems, Inc. (OTC Bulletin Board: CWSI) (”China Wind Systems” or the “Company”), a leading supplier of forged products and industrial equipment to the wind power and other industries in China, announced August 17, 2009 that its board of directors approved a one-for-three reverse stock split of the Company’s common stock and that the holders of a majority of the Company’s outstanding stock have consented to the reverse split.
Strasbaugh (OTC Bulletin Board: STRB) announced August 17, 2009 that a U.S. customer has placed an order for an nTellect (Model 7AF) wafer grinding system. The nTellect will expand the production capacity of a U.S. fab where two other nTellect grinders are already installed and in production.
CHDT Corp. (OTCBB: CHDO), a Florida corporation with operating subsidiaries focused on designing and manufacturing consumer products for the North American retail market, reported 2nd Quarter gross revenue of $845,448 an increase of 22% over the $694,596 reported for the prior year’s second quarter 2008. CHDT finished the first half of 2009 with gross revenues of $2,543,375, an increase of $1,274,699 or 100% versus the same period in 2008. The company reported a $3,050,000 order backlog to date, to be shipped in the third and fourth quarters of FY2009.
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