Orofino Gold Corp. (ORFG)
Orofino Gold Corp. (ORFG) is a Colombia 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.
The main industrial area for gold is the manufacturing of jewelry. 78% of the utilized gold takes part of it. This is the oldest industry in which it is involved. The best thing about gold is that it is found in pure condition and that makes it very easy to work with. Other additions, which make gold so valuable for the manufacturing of jewelry, are its brilliance, the easy manipulation which allows he gold to be cast into all kinds of shapes and many others.
Gold plays a huge part in the industry of electronic manufacturing. Almost every complexed electronic device has a small piece of gold in its composition. For an example, millions of cell phones consist of 50 cent worth of gold.
Orofino Gold Corp. (ORFG) objective is to continue to build shareholder value through the exploration and development of Senderos de Oro and additional accretive acquisitions, capitalizing on the extensive experience and relationships that management has developed over the past 25 years.
Orofino Gold Corp. (ORFG) is pleased to announce the appointment of Dr. Hans Bocker as the new Chairman of the Board.
The Company held a Board meeting dated April 5, 2011, to initiate certain corporate changes to the existing members of the Board of Directors. The Board of Directors unanimously appointed Dr. Hans Bocker as the new Chairman of the Board, and the former Chairman, Mr. Ning Shi Long, resigned as Chairman due to personal obligations, but will remain as a member of the Board of Directors.
Dr. Hans J. Bocker is an internationally recognized academic advisor. His expertise encompasses fundamental organizational and operational logistics including production and operations management, purchasing and procurement, safety, loss control, quality management, international management, cross-cultural management, transportation and traffic logistics, and leadership training for executives.
In addition to his logistical expertise, Dr. Bocker is also an internationally recognized gold expert. He recently published a book on gold titled Freedom Through Gold which has sold out in several languages. He is also a published journalist with over 2000 publications.
On behalf of the Board of Directors, the Company wishes to extend their gratitude to Mr. Ning Shi Long for his commitment and efforts as past Chairman of the Board.
For more information please visit official website of ORFG: http://www.orofinogoldcorp.com/
American Video Teleconferencing Corp (AVOT)
The United States is in danger of losing its longstanding leadership in many areas of REE technology. Transfer of expertise in REE processing technology and REE applications from the United States and Europe to Asia has allowed China to develop a major REE industry, eclipsing all other countries in production of both ore and refined products. The Chinese Ministry of Science and Technology announced a new national basic research program. Among the first group of 15 high-priority projects to be funded was "Basic research in rare earth materials".
The United States dependence on imports from China comes at a time when REE have become increasingly important in defense applications, including jet fighter engines and other aircraft components, missile guidance systems, electronic countermeasures, underwater mine detection, antimissile defense, range finding, and space-based satellite power and communication systems.
Availability of Chinese REE to U.S. markets depends on continued stability in China's internal politics and economy, and its relations to other countries.
American Video Teleconferencing Corp. believes that 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 (AVOT) is normally known for its business and efforts of exploration in Rare Earth Elements. According to AVOT, 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. (AVOT) recently announced that Wayne Lockhart, BSc. Geology, has joined the company as special geological advisor to AVOT 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). Mr. Lockhart is an Honorary Director of the Prospector and Developers Association of Canada (PDAC), a founding and former member of the Association of Exploration Geochemists and a Member of the Society of Economic Geologists.
Discovery Communications, Inc. (Nasdaq:DISCA) reported financial results for the first quarter ended March 31, 2011. First quarter revenues of $951 million increased $82 million, or 9%, over the first quarter a year ago, led by 8% growth at U.S. Networks and 14% growth at International Networks. Adjusted Operating Income Before Depreciation and Amortization (1) ("OIBDA") grew 17% to $427 million, driven by a 14% increase at U.S. Networks and an 18% increase at International Networks. Adjusted OIBDA margin for the first quarter increased to 45% from 42% in the first quarter of 2010. First quarter net income from continuing operations available to Discovery Communications, Inc. stockholders of $305 million ($0.74 per diluted share) increased $136 million compared to $169 million ($0.39 per diluted share) for the first quarter a year ago. The current quarter results reflect the strong operating performance, as well as a gain of $102 million, net of tax, as a result of contributing the domestic Discovery Health network to the OWN: Oprah Winfrey Network ("OWN") joint venture, partially offset by an increased provision for income taxes.
Discovery Communications, Inc., through its subsidiaries, operates as a media and entertainment company worldwide. It provides original and purchased programming across various distribution platforms with approximately 100 television networks in 35 languages.
Varian Semiconductor Equipment Associates Inc. (Nasdaq:VSEA) announced results for its fiscal year 2011 second quarter ended April 1, 2011. Revenue for the second quarter of fiscal year 2011 totaled $330.0 million, compared to revenue of $204.0 million for the same period a year ago. Varian Semiconductor recorded net income of $82.3 million, or $1.07 per diluted share during the second quarter of fiscal year 2011, compared to net income of $38.6 million, or $0.51 per diluted share for the same period a year ago.
Varian Semiconductor Equipment Associates, Inc. designs, manufactures, markets, and services semiconductor processing equipment used in the fabrication of integrated circuits to the semiconductor manufacturers worldwide.
Entropic Communications, Inc. (Nasdaq:ENTR) reported its first quarter results for the period ended March 31, 2011. Entropic reported first quarter net revenues of $71.5 million, an increase of 1 percent compared with $70.8 million in the fourth quarter of 2010 and an increase of 91 percent compared to $37.5 million in the first quarter of 2010. In accordance with U.S. generally accepted accounting principles (GAAP), the Company's first quarter net income was $11.9 million, or $0.13 per share (diluted). This compares with GAAP net income of $48.6 million, or $0.55 per share (diluted) in the fourth quarter of 2010. Included in GAAP net income for the fourth quarter of 2010 was a one-time tax benefit of $31.6 million, or $0.36 per share (diluted), associated with the reversal of a valuation allowance related to certain deferred tax assets. Non-GAAP net income in the first quarter was $19.6 million, or $0.22 per share (diluted), compared to non-GAAP net income of $20.3 million, or $0.22 per share (diluted) in the fourth quarter of 2010.
Entropic Communications, Inc., a fabless semiconductor company, designs, develops, and markets systems solutions to enable connected home entertainment.
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