Layout:
Home > (VASC, SPNC, PFBC, CLNO, ELNK) Stocks in Review by BestOtc.com

(VASC, SPNC, PFBC, CLNO, ELNK) Stocks in Review by BestOtc.com

July 29th, 2011 at 09:38 am








Vascular Solutions Inc. (Nasdaq:VASC) announced that the Company is scheduled to present at the 31st Annual Canaccord Genuity Growth Conference in Boston on Tuesday, August 9th at 1:30pm (EDT). Howard Root, Chief Executive Officer of Vascular Solutions, will deliver the Company's presentation. To hear the live audio webcast and view the slides of the Vascular Solutions' presentation, go to the investor relations page of the Company's web site www.vasc.com and click on the "Investor Conferences" icon a few minutes prior to start time to download any necessary software.

Vascular Solutions, Inc., a medical device company, develops solutions to interventional cardiologists and interventional radiologists worldwide.

***********************************

The Spectranetics Corporation (Nasdaq:SPNC) reported financial results for the quarter and six months ended June 30, 2011. Highlights of the quarter and more recently include: Record revenue of $32.2 million, representing 7% growth over prior year second quarter, Lead Management revenue increased 15% compared with prior year second quarter, Vascular Intervention revenue continued turnaround with second consecutive quarter of sequential revenue growth, up 8% over first quarter 2011 levels, International revenue grew 42% over prior year second quarter, Net income of $584,000, or $0.02 per diluted share, a significant improvement compared with prior year second quarter net income of $91,000, or $0.00 per diluted share.

The Spectranetics Corporation designs, manufactures, and markets single use medical devices used in minimally invasive surgical procedures within the cardiovascular system in conjunction with its proprietary excimer laser system, the CVX-300.

***********************************

Preferred Bank (Nasdaq:PFBC) reported results for the quarter ended June 30, 2011. Preferred Bank ("the Bank") reported net income of $1.7 million or $0.13 per diluted share for the second quarter of 2011 compared to a net loss of $3.1 million or $1.03 per diluted share for the second quarter of 2010 and compared to net income of $699,000 or $0.05 per diluted share for the first quarter of 2011. All share and per share information has been adjusted to reflect the one-for-five reverse stock split which was effected on June 17, 2011.

Preferred Bank operates as a commercial bank in California.

***********************************

Cleantech Transit Inc. (CLNO)

Biomass fuel is not only good for the environment, but it also is a lot cheaper than having fossil fuels to create electricity. Fossil fuels are depleting in their supply, and therefore they are becoming more and more expensive for us to use. Biofuels are everywhere and can be made out of a lot of the materials that we have an abundance of. So it is cheaper to create biofuels than to use fossil fuels, which are limited.

There are many different materials that can be used to create biofuels. For example, the waste products of crops and animals can be used as biomass to create biofuels. Manure and the waste from plants that we don't eat can be used to create biomass and biomass fuels.

Cleantech Transit Inc. was founded to capitalize on technology advances and manufacturing opportunities in the growing clean energy public transportation sector. The Company has expanded its focus to invest directly in specific green projects that can maximize shareholder value. Recognizing the many economic and operational advances of converting wood waste into renewable sources of energy has to offer.

Cleantech Transit, Inc. (CLNO) is pleased to announce it has met its funding requirement to secure the Company's ability to earn in 25% of the 500KW Merced Project.

The Company is in the final stages of closing its initial interest in the Merced Project and is currently working on completing the necessary documentation and expects closing the transaction soon. As previously announced Cleantech has the option to earn up to 40% of the Merced Project and the Company plans to continue to work towards increasing its interest in the Merced Project as they move ahead.

For more information about Cleantech Transit Inc. visit their website: www.cleantechtransitinc.com

***********************************

EarthLink Inc. (Nasdaq:ELNK) announced financial results for its second quarter ended June 30, 2011. EarthLink's second quarter results include a full quarter of operating results from the acquisition of One Communications which closed on April 1, 2011. Highlights for the second quarter include: Net income of $6.5 million or $0.06 per share, Adjusted EBITDA (a non-GAAP measure) of $88.9 million, Free cash flow (a non-GAAP measure) of $65.8 million, Raised full year 2011 Adjusted EBITDA and Free Cash Flow guidance, Repurchased 2.4 million shares of stock & Ending cash and marketable securities balance of $490.5 million.

EarthLink, Inc. provides communications services to individual and business customers in the United States.








THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY!

Disclaimer: Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. BestOtc.com publisher and its affiliates and contractors are not registered investment advisers or broker/dealers.Our disclaimer ( http://bestotc.com/disclaimer) is to be read and fully understood before using our site, reading our newsletter or joining our email list. Release of Liability: Through use of this website viewing or using, you agree to hold BestOTC.com report and Crown Equity Holdings Inc. CRWE, its operators, shareholders, employees and/or contractors harmless and to completely release them from any and all liability due to any and all loss (monetary or otherwise), damages (monetary or otherwise) that you may occur. Rule 17B requires disclosure of payment for investor relations. Crown Equity Holdings Inc. (CRWE.OB) is a newswire as well as an IR and PR firm. Crown Equity Holdings Inc. (CRWE.OB), in some cases, provides media advertising and public awareness for both public and private companies, as well as disseminating news. As such, in some cases, when Crown Equity Holdings Inc. (CRWE.OB) advertises for a particular client, Crown Equity Holdings Inc. (CRWE.OB) charges an advertising fee which it must disclose under 17B. The fee may be in cash, in free trading stock or in restricted stock. Crown Equity Holdings Inc. (CRWE.OB), if paid in stock, can and may sell those securities during the advertising period. Crown Equity Holdings Inc. (CRWE.OB) has received 1,000,000 shares of 144 restricted stocks from the company for 12 months of media advertisement and IR services and 4,000,000 shares of 144 restricted stocks from the company for management fee through end of June for Cleantech Transit, Inc. (CLNO.OB).

0 Responses to “(VASC, SPNC, PFBC, CLNO, ELNK) Stocks in Review by BestOtc.com”

Leave a Reply

(Note: If you were logged in, we could automatically fill in these fields for you.)
*
Will not be published.
   

* Please spell out the number 4.  [ Why? ]

vB Code: You can use these tags: [b] [i] [u] [url] [email]