latest news releases from the newsroom
Saigon National Bank
Saigon National Bank Reports Results of First Full Six Months of Operations
WESTMINSTER, Calif., July 28, 2006 (PRIMEZONE) -- Saigon National Bank (OTCBB:SAGN) announced the results of operations for the three and six months ending June 30, 2006 with a net loss of $334,510 or $0.24 per share and of $739,957 or $0.52 per share for the three and six months ended June 30, 2006, respectively. This is the first full six months of operations for the Bank, which opened November 30, 2005. John J. Kennedy, President and Chief Executive Officer, stated, "The net loss for the six months was projected to be 40% higher but prudent cost control efforts by the bank prevented a higher loss."
Xlibris Releases a Captivating Sci-Fi Adventure Novel
TAMARAC, Fla., July 28, 2006 (PRIMEZONE) -- It is becoming clear that the world as we know it is falling into turmoil. Activist groups are arming themselves and hiding in the hills awaiting what they believe to be the inevitable. Those seeking answers and looking for links to the past make pilgrimages to Myan and Aztec ruins. Visitors to Stonehenge, Easter Island and the Great Pyramids, tell of unexplained visions of a past world buried deep within the depths of the oceans. Can all these stories be only flights of imagination? The answers are waiting to be discovered as Xlibris releases Atlantis Artifactus: The Track of the Manlion, the captivating new book from veteran researcher Myron Morris.
Saigon National Bank
Saigon National Bank Announces the Election of Hieu Tai Tran to its Board of Directors
WESTMINSTER, Calif., July 28, 2006 (PRIMEZONE) -- Saigon National Bank (OTCBB:SAGN) announced that Hieu Tai Tran has become a member of the board of directors of this local community bank located in "Little Saigon." Mr. Tran is widely recognized in the local community. Mr. Tran immigrated to the United States in 1979 becoming a U.S. citizen in 1985. Mr. Tran owns and operates several large supermarkets in Northern and Southern California including the Westminster Superstore on Beach Boulevard in Westminster. The bank's board of directors welcomes the addition of Mr. Tran and anticipates his experience will help guide the bank.
From a 20th Century Communist KGB Master Spy to a 21st Century American Corporate Executive
LOS ANGELES, July 28, 2006 (PRIMEZONE) -- From the Cuban Missile Crisis to the collapse of the Soviet Union, the Cold War devastated the world by means of ideological and socio-economic polarization. Direct hostilities between the United States and the Soviet Union, NATO and the Warsaw Pact were waged through arms races, economic competition and political propaganda. As an American CIA operative in this historic conflict, Alexander von Lockner contributed to the destruction of the nefarious KGB. His tireless efforts aided the Western cause and contributed to the final collapse of Soviet communism. This stunning account is set to begin as Xlibris releases von Lockner's compelling new book, Always Ready.
Value Line, Inc.
Value Line, Inc. Announces Earnings
NEW YORK, July 28, 2006 (PRIMEZONE) -- Value Line, Inc. (Nasdaq:VALU) reported results for its fiscal year ended April 30, 2006. Net income for the twelve months ended April 30, 2006 of $23,439,000 or $2.35 per share was $2,121,000 or 10% above net income of $21,318,000 or $2.14 per share in fiscal year 2005. Net income of $5,712,000 for the fourth quarter ended April 30, 2006 was 16% higher than net income of $4,922,000 for the last quarter of fiscal year 2005. Revenues for fiscal year 2006 were $85,186,000 compared to revenues of $84,478,000 for the prior fiscal year. Operating income of $35,180,000 for the twelve months ended April 30, 2006 was $8,096,000 above operating income of $27,084,000 last fiscal year, a 30% increase. Operating income of $9,510,000 for the three months ended April 30, 2006 was 11% higher than operating income of $8,534,000 for the comparable period of the last fiscal year.
GulfMark Offshore, Inc.
GulfMark Offshore Reports Record Profits
HOUSTON, July 28, 2006 (PRIMEZONE) -- GulfMark Offshore, Inc. (Nasdaq:GMRK) today announced record profits for both the second quarter and first half of 2006. Net income for the second quarter of $13.0 million, or $0.63 per diluted share, and revenue of $58.4 million set new records, exceeding those previously set in the third quarter of 2005. Operating income of $18.8 million also established a new GulfMark record. Compared to the first quarter of 2006, net income more than doubled while revenues increased over twenty-two percent. The improvements were directly related to improved day rates, increased vessel utilization and the contribution from the newest addition to the fleet.
eNucleus, Inc. Announces Earnings, India Expansion
VANCOUVER, Wash., July 28, 2006 (PRIMEZONE) -- eNucleus, Inc. (Pink Sheets:ENUI), a global provider of hosted applications and Business Process Outsourcing (BPO) services, announced today its results of operations for the quarter ending March 31, 2006.
TX Holdings, Inc.
TX Holdings, Inc. Commences Legal Proceedings against Darren Bloom, Its Former CFO
MIAMI BEACH, Fla., July 28, 2006 (PRIMEZONE) -- TX Holdings, Inc. (Pink Sheets:TXHG) regrets to announce that on Monday, July 24, 2006, it formally commenced legal proceedings against its former CFO, Darren Bloom (TX Holdings, Inc. v. Darren Bloom, Case No. 06-14396CA04, 11th Judicial Circuit Court, Dade Co. Florida) pursuant to an ongoing dispute with Mr. Bloom (the "Defendant").