EV Energy Partners LP (Nasdaq:EVEP) announced results for the first quarter 2011 and filed its Form 10-Q with the Securities and Exchange Commission. In addition, EVEP announced updated guidance for the second through fourth quarters of 2011 and provided a summary of new commodity price hedge positions. Adjusted EBITDAX for the quarter was $50.6 million, a 57 percent increase over the first quarter of 2010 and a 22 percent increase versus the fourth quarter of 2010. Distributable Cash Flow for the quarter was $31.6 million, a 56 percent increase over the first quarter of 2010 and an 18 percent increase versus the fourth quarter of 2010. The increases in Adjusted EBITDAX and Distributable Cash Flow, which are described in the attached table under "Non-GAAP Measures," are primarily due to acquisitions completed during 2010. For the quarter ended March 31, 2011, EVEP produced 7.0 Bcf of natural gas, 208 MBbls of crude oil and 270 MBbls of natural gas liquids, or 9.9 Bcfe. This represents a 69 percent increase from first quarter 2010 production of 5.8 Bcfe and a 19 percent increase from the fourth quarter 2010 production of 8.3 Bcfe, primarily due to acquisitions completed during 2010.

EV Energy Partners, L.P. engages in the acquisition, development, and production of oil and natural gas properties in the United States. The company was founded in 2006 and is based in Houston, Texas.

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American Video Teleconferencing Corp. (AVOT)

Rare earth elements or rare earth metals are a set of seventeen chemical elements in the periodic table, specifically the fifteen lanthanoids plus scandium and yttrium. Scandium and yttrium are considered rare earth elements since they tend to occur in the same ore deposits as the lanthanoids and exhibit similar chemical properties.

Despite their name, rare earth elements (with the exception of the radioactive promethium) are relatively plentiful in the Earth's crust, with cerium being the 25th most abundant element at 68 parts per million (similar to copper). However, because of their geochemical properties rare earth elements are typically dispersed and not often found in concentrated and economically exploitable forms known as rare earth minerals. It was the very scarcity of these minerals (previously called "earths") that led to the term "rare earth". The first such mineral discovered was gadolinite, a compound of cerium, yttrium, iron, silicon and other elements. This mineral was extracted from a mine in the village of Ytterby in Sweden; many of the rare earth elements bear names derived from this location.

American Video Teleconferencing Corp. believes the rare earths industry is where it wants to maintain a very strong focus and is looking to expand its holdings. American Video Teleconferencing Corp. is normally known for its business and efforts of exploration in Rare Earth Elements. According to the Company, it will aggressively continue to search world-wide for opportunities in Precious, Base and Rare Earths metal projects in its future strategies.

American Video Teleconferencing Corp. recently announced that Wayne Lockhart, BSc. Geology, has joined the company as special geological advisor to American Video Teleconferencing Corp. for advancing the company's exploration programs on its newly acquired rare earth property in Quebec.

Mr. Lockhart has over 35 years experience in the mining business having worked for Falconbridge and Phelps Dodge in eastern Canada, Anglo American Corp. (DeBeers) in Africa and Benguet Cons. in the Philippines. Mr. Lockhart in addition to being a lecturer at the University of New Brunswick in Geology has developed programs for the United Nations (UNDP).

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Blue Nile Inc. (Nasdaq:NILE) reported financial results for its first quarter ended April 3, 2011. Net sales for the first quarter increased 8.3% to $80.2 million, a record first quarter sales level. Operating income for the quarter totaled $3.5 million. Net income totaled $2.4 million, or $0.16 per diluted share. Non-GAAP adjusted EBITDA for the quarter totaled $6.0 million. For the trailing twelve month period ended April 3, 2011, net cash provided by operating activities increased 27.8% to $38.0 million and Non-GAAP free cash flow increased 29.5% to $35.6 million. "We delivered record first quarter sales reflecting the strength of our consumer proposition and our relentless focus on perfecting the customer experience. International sales grew 34.4% to $12.9 million, a record level for any first quarter in the Company's history. Excluding the impact from changes in foreign exchange rates, international sales increased 28.1%. Gross profit for the quarter totaled $16.9 million, an increase of 7.1%. As a percent of net sales, gross profit was 21.1% compared to 21.3% for the first quarter of 2010. Selling, general and administrative expenses for the quarter were $13.4 million, compared to $12.2 million in the first quarter of 2010. Selling, general and administrative expense for the quarter includes stock-based compensation expense of $1.7 million, compared to $1.8 million in the first quarter of the prior year.

Blue Nile, Inc. and its subsidiaries operate as an online retailer of diamonds and fine jewelry worldwide. Its fine jewelry selection includes diamond, gemstone, platinum, gold, pearl, and sterling silver jewelry and accessories, as well as settings, wedding bands, earrings, necklaces, pendants, and bracelets.

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Bank of the Ozarks, Inc. (Nasdaq:OZRK) will be presenting at the 12th Annual B. Riley & Co. Investor Conference in Santa Monica, California on Tuesday, May 24, 2011 at 11:30 a.m. PDT. The Company will be represented by George Gleason, Chairman and Chief Executive Officer.

Bank of the Ozarks, Inc. operates as the bank holding company for Bank of the Ozarks that provides a range of retail and commercial banking services. The company was founded in 1981 and is headquartered in Little Rock, Arkansas.

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