Capstone Industries Receives Order From Basics Etc. Corp and American International Industries, Inc. Reports Record Revenues for the Year 2007, Files Its Annual Report on Form 10-K
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City of Industry, CA --(www.USEquityNews.com)-- 03/19/2008 - Business Services industry alert provided by U.S. Equity News. CHDT Corp's (OTCBB: CHDO) wholly owned subsidiary, Capstone Industries, a consumer products company focused on product placement with wholesalers and retailers nationwide, announced recently that it has received an order from distributor, Basics Etc. Corp, the leader in new car dealership automotive accessories and supplies. The opening order consists of all the Simply Comfort(R) products and five of Capstone's top selling Book/Task lights. CHDT Corporation is a management company, providing services and taking an active role in the management and direction of all business units that could benefit from cumulative business experience in a variety of industries.
On2 Technologies, Inc. (AMEX: ONT) filed Form 12b-25 recently to extend the due date of its Annual Report on Form 10-K to March 31, 2008. In the Form 12b-25 filing, the Company said it has not yet finalized its December 31, 2007 financial statements and announced that it anticipates filing its Annual Report within the extension period. The delay in finalizing the Company's financial statements has also resulted in a delay in reporting results for the fourth quarter of 2007.
American International Industries, Inc. (NADAQ: AMIN) (the "Company") reported record revenues of $34,938,526 for the twelve months ended December 31, 2007, compared to $33,408,554 in 2006, an increase of approximately 5%. Our increase in revenues was a result of the increased revenues generated by our Hammonds subsidiary to $10,096,538 for the year ended December 31, 2007, compared to $6,467,393 in 2006, representing an increase of $3,629,145, or 56%. Without any potential acquisitions, management projects that revenues for 2008 in excess of $45 million.
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A director of M&F Worldwide Corp. (NYSE: MFW), which provides check-related products and services, bought 10,000 shares of common stock, according to a filing with the Securities and Exchange Commission. In a Form 4 filed with the SEC Monday, Bruce Slovin reported he bought the shares on Friday for $35.96 apiece. Insiders file Form 4s with the SEC to report transactions in their companies' shares. Open market purchases and sales must be reported within two business days of the transaction.
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