latest news releases from the newsroom
Scientific Industries Reports Earnings for Second Quarter and Six Months
BOHEMIA, N.Y., Feb. 21, 2007 (PRIME NEWSWIRE) -- Scientific Industries Inc. (OTCBB:SCND), reported yesterday net income of $146,700 ($0.14 per basic share) on net sales of $2,066,200 and $69,100 ($0.7 per basic share) on net sales of $1,263,300 for the six months and three months ended December 31, 2006, respectively. For the six and three month periods ended December 31, 2005, net income was $186,600 ($0.19 per basic share) and $89,700 ($0.09 per basic share), respectively, on net sales of $1,818,100 and $928,100, respectively.
NearbyNow Holiday Shopping Data Reveals How Consumers Use the Web to Research Local Purchases
LOS ALTOS, Calif., Feb. 21, 2007 (PRIME NEWSWIRE) -- NearbyNow, Inc., an online service that allows consumers to search all products and sales available at local shopping centers using the Internet or mobile phones, today released consumer behavior data from thousands of users of NearbyNow's proximity search service during the past Holiday season. NearbyNow is the first company to deliver a Web-based service for shopping centers and retailers using Internet and mobile search technology to drive in-store foot traffic.
Strategic Resources, Ltd.
Strategic Resources Acquires Interests in Uranium Properties in Argentina
BOULDER, Colo., Feb. 21, 2007 (PRIME NEWSWIRE) -- Strategic Resources, Ltd. (OTCBB:SGCR) is pleased to announce that, on December 1, 2006, it acquired from Somuncurah SRL, an Argentine entity, a four-year option to purchase certain uranium exploration properties located in the province of La Rioja, Argentina. The properties consist of seven groups of uranium exploration properties covering an aggregate area of 29,950 hectares. The aggregate acquisition price is approximately $3.6 million, due and payable in stages through November 2010, with the reservation of a 1.5% net smelter return royalty interest to Somuncurah.
TNR Entertainment Corp.
TNR Entertainment Expands Texas Base To 400 DVD Rentals Kiosks in Area Supermarkets; State Now One of TNR's Largest Regions
HOUSTON, Feb. 21, 2007 (PRIME NEWSWIRE) -- Texas has emerged as one of the most significant geographic markets for DVD rental kiosks with the recent expansion by TNR Entertainment Corp., the nation's largest owner and operator of DVD rental kiosks in supermarkets and grocery stores operating under The New Release(tm) brand. The Company announced today that it has completed the installation of an additional 51 automated DVD rental kiosks at high traffic grocery stores throughout Texas. The new agreement with a major food retailer, part of TNR's ongoing aggressive expansion program nationwide, increases TNR's installed base to nearly 400 kiosks in Texas and makes the state one of the Company's largest single geographic markets.
Knight Energy Corp.
Knight Energy Completes the First Well On Its Lea Property in Stephens County, Texas
ATLANTA, Feb. 21, 2007 (PRIME NEWSWIRE) -- Knight Energy Corp., (Pink Sheets:KNEC) has commenced production on its first well on its recently leased 400-acre property in Stephens County, Texas. The Lea #1 well on this property has been producing quality oil for the past week and has been averaging approximately 100 barrels of oil per day during that same time frame. In addition to the oil production, there is an indication that natural gas is present, and the Company intends to test the well for natural gas. Knight Energy also plans to drill additional wells on the property in the near future.