| Medis Technologies Reports 2nd Quarter Results
Medis Technologies reported financial results today for the quarter and six months ended June 30, 2007. For the quarter ended June 30, 2007, the net loss attributable to common stockholders was $9,783,000, or $.29 per share, based on 33,448,397 weighted average common shares, compared to a net loss attributable to common stockholders of $13,722,000, or $.44 per share, based on 31,030,842 weighted average common shares for the quarter ended June 30, 2006. For the six months ended June 30, 2007, the net loss attributable to common stockholders was $19,118,000, or $.57 per share, based on 33,441,443 weighted average common shares, compared to a net loss attributable to common stockholders of $19,618,000, or $.66 per share, based on 29,637,781 weighted average common shares for the six months ended June 30, 2006.
Soil and water district eyeing former swamp to help drain Estates
Horsepen Strand isn't on most road maps, but the remnant swamp that meanders through Golden Gate Estates is on the radar screen of the Collier Soil and Water Conservation District. The district, a creature of state law run by a locally elected board of supervisors, plans to hire a consultant to study the potential for starting a mitigation bank to restore the strand between Immokalee Road and Interstate 75. Backers say the Horsepen Strand Conservation Area would preserve a place for water to drain and lessen flooding in the quickly growing Estates, an ill-planned attempt to build the world's largest subdivision in the 1960s. “We want to use nature and let the terrain work for us," Soil and Water Conservation District Supervisor Dennis “Duke" Vasey said. The plan would have to jump through numerous regulatory hurdles and also is likely to face plenty of questions from Estates residents, who shot down a 2001 proposal to start a mitigation bank along the southern reaches of Everglades and Desoto boulevards, east of the Horsepen Strand proposal.
Inmet announces 2007 second quarter earnings of $2.86 per share
We regret that in the second quarter on June 25, 2007, a contractor employee at Cayeli suffered fatal injuries when he fell down a finger raise connecting to an ore pass. As a result, Cayeli commissioned an independent investigation to determine the cause of this tragic accident and to recommend and implement measures to minimize the potential for this kind of accident from happening again. Cayeli remains committed to pursuing all measures necessary to provide its workers and contractors with a safe working environment. Higher copper and zinc prices increased our gross sales this quarter by $7 million and by $30 million for the first six months of the year. Higher metal prices increased our earnings and cash flow, but also increased certain costs such as income taxes, the royalties we pay at Cayeli, and employee bonus compensation we pay at Ok Tedi.
Digital Angel Corporation Announces 2007 Second Quarter Financial Results
SO. ST. PAUL, Minn.--(BUSINESS WIRE)--Digital Angel Corporation (Amex:DOC - News), an advanced technology company in the field of rapid and accurate identification, location tracking and condition monitoring of high-value assets, today announced financial results for its second quarter ended June 30, 2007. .
Nigeria: Nothing Wrong With NFA/Mtn Deal - Oneya
A former Chairman of the Nigeria Football Association (NFA) has thrown his weight behind the now truncated contract the Glass House had attempted to enter into with MTN. Speaking at a three-day retreat for Executive Committee members and management staff of the Nigeria Football Association (NFA), which ended on Saturday in Ijebu-Ode, Ogun State, Gen. Dominic Oneya (rtd) said he did not see anything wrong with the contract. .
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