LSTR, CLNO, ORFG, DRCO, AHII - Market News From DrStockPick.com!
Sunday, May 22nd, 2011
Landstar System Inc. (Nasdaq:LSTR) announced it will provide a live webcast of its mid-quarter conference call for its 2011 second quarter on Friday, May 27th at 2:00 pm ET. To access the webcast, visit the Company’s website at www.landstar.com; click on “Investor Relations” and “Webcasts,” then click on “Landstar’s Mid-Second Quarter 2011 Conference Call.” For those unable to participate in the live call or for those who do not have access to the Internet, the call will be available on telephone replay for 48 hours. The telephone replay number for the U.S. and Canada is (800) 879-5510 and for international calls is (203) 369-3990.
Landstar System, Inc. operates as a non-asset based provider of freight transportation services and supply chain solutions. It operates in two segments, Transportation Logistics and Insurance.
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Cleantech Transit Inc. (”Cleantech”) (OTC.BB:CLNO) is focusing its efforts on building a portfolio of environmentally friendly green assets. Our goal is to create a self sustaining environment where we can produce and sell clean electricity for our domestic use. In addition Cleantech will expand its focus to other areas of sustainable energies including renewable resources such as Geothermal, Solar and Wind. Our goal is to use innovative technologies to reduce electricity consumption and dependence on carbon based energy.
A huge percentage of the world’s fossil fuels come from the world’s most volatile places. By reducing our dependence on oil derivatives, we in turn can reduce our dependence on foreign energy sources. By converting energy from waste Cleantech Transit hopes to help in increasing our country’s energy.
Cleantech Transit Inc. is pleased to announce that the previously announced 500 KW biomass gasification facility located in Merced, California has successfully passed its interconnection tests and is now connected to the utility distribution grid.
The gasification technology uses a non-combustion process to convert Ag and other woody residues into a hydrogen rich gas (”syngas”), which is then converted into electricity, along with heat and biochar (a useful byproduct that captures carbon in solid form and can be used as a soil amendment).
The Phoenix Energy technology used in Merced essentially cooks the biomass in an oxygen-deprived environment to release the elemental gasses from the wood. In the process biomass is converted into a carbon rich biochar. With the carbon fixed in solid form this process not only provides a valuable soil amendment but also serves as a source of carbon sequestration.
The Merced plant is expected to produce enough electricity to power about 400 homes. The plant connected to the electricity grid under California’s feed-in-tariff with a 15-year power purchase agreement.
To discover more about CLNO, Please visit: http://www.cleantechtransitinc.com/
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Orofino Gold Corp. (ORFG.PK) has been working with Colombian utilities supplier Electricaribe to establish power to the villages of the local populations within Orofino’s concessions. Buena Sena was supplied with electricity in July of 2010. And by mid May, Orofino expects to have complete electrical service established at La Azul.
La Azul’s connection is coming from an intermediate station operating at 13,200 cycles/second located in the town of Rio Viejo. Once operational, La Azul’s infrastructure is expected to initially be tied into a 50 kva transformer.
“When the power connection was established in Buena Sena last year, it was a very important date for that community,” explains Orofino President and CEO, Mr. Ary F. Pernett Marquez. “Imagine what it would be like to have publicly supplied electricity for the first time in your life. We’re excited that the residents and miners of La Azul will also be getting the benefits of such a vital piece of infrastructure.”
In addition to providing a critical piece of infrastructure to promote growth of La Azul village, Orofino expects the connection to the region’s power grid to significantly improve production capabilities of mine workers. As current production is being performed with outdated equipment powered only by generators, connecting La Azul to the region’s power grid will enable Orofino to introduce modern mining equipment and technology.
La Azul (formerly La Estrella) is an artisanal gold production mine in the Senderos de Oro area controlled by Orofino. La Azul is composed of a mixed sequence of predominantly volcanic rocks featuring vein systems comprised of high grade chalcopyrite, galena and sphalerite with pyrite in quartz viens.
It has been interpreted that the metallogenic zonation around the La Azul workings evokes a very viable “hidden porphyry” exploration model (Shaw, 1995). This interpretation and the prospectivity of the area have been confirmed by the Orofino “qualified person” as per the 43-101 rules.
As an already-producing mine, Orofino has begun moving aggressively to confirm the current mineralogical interpretations, fast-tracking analysis work with a goal of beginning drilling within the year. La Azul features numerous geological similarities to Greystar’s Angostura project and Ventana’s La Bodega project, but La Azul is suspected to be of a higher grade and more easily accessible.
Orofino Gold is a Colombian based gold producer, founded as a private company in 2009 by former executives with over 50 cumulative years in mining exploration, finance, and development expertise. Orofino’s corporate objective is to continue to build shareholder value through the exploration and development of The Senderos de Oro Gold Camp and additional accretive acquisitions, capitalizing on the extensive experience and relationships that management has developed over the past 25 years.
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Dynamics Research Corp. (Nasdaq:DRCO) announced that it has been awarded two delivery orders with a combined value of $24.5 million for a base year with an additional option year period of performance. These contracts allow DRC to continue its efforts supporting mission-critical services in conjunction with the Unmanned Aircraft System (UAS) Predator/Reaper program.
Dynamics Research Corporation provides management consulting, engineering, technical, and information technology (IT) services and solutions to federal and state governments.
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Animal Health International, Inc. (Nasdaq:AHII) reported its financial results for the Company’s third fiscal quarter, which ended March 31, 2011. Results include the following highlights. Three Months Ended March 31, 2011. Net sales increased 9.6%, to $181.0 million, compared to $165.1 million for the same period a year ago. The increase in net sales was primarily attributable to improving economics in the production animal market as well as continued growth in AHII veterinary business. The improved economics in the production animal markets were driven by higher beef and milk prices, partially offset by higher grain prices. Growth in the veterinary business was attributable to the addition of new territories and the addition of new customers from a competitor who filed for bankruptcy. Gross margin increased $3.7 million for the quarter, with $2.7 million due to higher sales volume and $1.0 million due to a shift in mix to higher margin products. Margin for the quarter was 17.2% of net sales, compared to 16.6% last year.
Animal Health International, Inc., through its subsidiaries, sells and distributes animal health products, supplies, services, and technology in the United States, Canada, and Taiwan.
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Crown Equity Holdings Inc. (CRWE.OB) anticipates receiving 2,000,000 shares of 144 restricted stocks from the company for 12 months of advertisement services for Cleantech Transit, Inc. (CLNO.OB)
Crown Equity Holdings Inc. (CRWE.OB) has previously received 500,000 shares of (144) restricted common stock and 500,000 shares of free trading shares from a third party (QU CUI You) for six months of advertisement services (which has expired) for Orofino Gold Corp. (PINK SHEETS:ORFG).












