latest news releases from the newsroom
Cubic Energy, Inc.
Cubic Energy, Inc. Reached Total Depth and Set Casing on the Moseley 26 No. 1 Well
DALLAS, Jan. 24, 2005 (PRIMEZONE) -- Cubic Energy, Inc. (OTCBB:QBIK) announced today that it has reached total depth and set casing on the Moseley 26 No.1 well in De Soto Parish, Louisiana, which is part of its newly acquired North Louisiana Project. The Moseley 26 No. 1 reached total depth of 10,500 feet in the Cotton Valley Formation. The interpretation of the electric logs indicate the potential of 295ft. of net pay in the Cotton Valley, Lower Hosston, Upper Hosston, Pettet and Gloyd Formations. The Moseley well is an offset to the successful Kraemer 24 No. 1 well and the Moseley 25 No. 1 well. Cubic Energy, Inc.'s working interest in this project is 25%. It is anticipated that these wells should commence sales in February, with revenues being recognized by Cubic in its fiscal 3rd quarter.
Ballon Stoll Bader & Nadler, P.C.
Ballon Stoll Bader & Nadler, P.C., Announces a Class Action against TASER International, Inc. -- TASR
NEW YORK, Jan. 24, 2005 (PRIMEZONE) -- The law firm of Ballon Stoll Bader & Nadler, P.C. announces that a class action lawsuit was filed January 21, 2005, on behalf of all persons who purchased the common stock of TASER International, Inc. ("Taser" or the "Company") (Nasdaq:TASR) during the period of time from January 7, 2005, through and including January 14, 2005 (the "Class Period"), pursuing remedies under the Securities Exchange Act of 1934 (the "Exchange Act"). A copy of the complaint filed in this action is available from the Court, or will be available to be viewed on Ballon Stoll's website at: http://www.ballonstoll.com.
Chino Commercial Bank
Chino Commercial Bank Reports 109% Increase in Pre-Tax Earnings
CHINO, Calif., Jan. 24, 2005 (PRIMEZONE) -- The Board of Directors of Chino Commercial Bank, N.A. (OTCBB:CKNA) announced the results of operations for the year ended December 31, 2004 with net income of $581,381, a 16.2% increase over net income for the same period last year. Pre-tax earnings for the year ended December 31, 2004 were $917,709, a 109.3% increase over the pre-tax earnings for the same period last year. Net income per share for the year ended December 31, 2004 was $0.71 per share as compared to $0.61 per share for the year ended December 31, 2003. Net income per fully diluted share was $0.66 and $0.59 for the years ended December 31, 2004 and 2003 respectively.
Mexico -- Yet Another Link in Identa's Chain of Success
JERUSALEM, Jan. 24, 2005 (PRIMEZONE) -- Identa Corp. (Pink Sheets:IDTA) is happy to announce that Auto Line S.A. de C.V. DagStar de Mexico, a Mexico company, will represent Identa in the Mexico police market. The contractual relationship with the Mexican company began about 7 months ago.
Brodsky & Smith, LLC
Law Offices of Brodsky & Smith, LLC Announces Class Action Lawsuit Against Silicon Storage Technology, Inc. -- SSTI
BALA CYNWYD, Penn., Jan. 24, 2005 (PRIMEZONE) -- Law offices of Brodsky & Smith, LLC today announces that a securities class action lawsuit has been filed on behalf of shareholders who purchased the common stock and other securities of Silicon Storage Technology, Inc. ("Silicon Storage" or the "Company") (Nasdaq:SSTI), between March 30, 2004 and December 20, 2004 inclusive (the "Class Period"). The class action lawsuit was filed in the United States District Court for the Northern District of California.
Brower Piven, A Professional Corporation
Law Offices of Charles J. Piven, P.A. Announces Class Action Lawsuit Against 51job, Inc. -- JOBS
BALTIMORE, Md., Jan. 24, 2005 (PRIMEZONE) -- Law Offices Of Charles J. Piven, P.A. today announced that a securities class action was commenced on behalf of shareholders who purchased, converted, exchanged or otherwise acquired the common stock of 51job, Inc. (Nasdaq:JOBS) between November 4, 2004 and January 14, 2005, inclusive (the "Class Period").