Centrue Financial Corp. (Nasdaq:TRUE) parent company of Centrue Bank, reported a third quarter net loss of $16.4 million. This compares with a net loss of $3.9 million in the second quarter of 2010 and a net loss of $8.4 million in the third quarter of 2009. The net loss per common diluted share in the third quarter 2010 was $2.79, compared to a net loss of $0.73 in the second quarter of 2010 and a net loss of $1.47 in the third quarter 2009. For the first nine months of 2010, the Company reported a net loss of $26.6 million, or $4.64 per common diluted share, compared to a net loss of $23.6 million, or $4.13 per common diluted share, for the same period in 2009.
Centrue Financial Corporation operates as the holding company for Centrue Bank that offers various commercial and retail banking products and services for consumer, commercial and industrial, and public or governmental customers from central and northern Illinois to the metropolitan St. Louis area.
Hiru Corporation (PINK SHEETS:HIRU) (www.hirucorporation.com) Shuangshi AHP Co.’s sales department recently held a large-scale product promotion fair.
Shuangshi AHP Co.’s sales department held a large-scale product promotion fair to present its customers the opportunity to review the full roster of Shuangshi AHP Co.’s animal health products and offer the sales force the opportunity to connect and create closer ties with their customers.
The fair attracted many people, with many customers placing orders right on the spot. The total order amount generated about 300,000 Yuan (approximately $45,000 USD) by the end of the fair.
Hiru Corporation and its main subsidiary Jiangxi Shuangshi Animal Health Products Co. (Shuangshi AHP Co.) focus on the development, manufacturing and marketing of a broad range of veterinary products for the Chinese Agricultural market. The company has established a strong position in the Chinese animal husbandry market and plans to expand and deliver more new products and solutions to this market in the future.
Hiru is pleased with the promotion and the new business that it initiated.
The company intends to make a series of updates and news announcements shortly on a more intense basis as its production and expansion plans progress
Hiru Corporation intends to continue its work in the development, production and marketing of both well-established and new veterinary drugs, and nutritional additives (amino acids, vitamins, trace elements, etc.) for the Chinese market.
The company is pleased with this development and looks forward to future growth.
Eline Entertainment Group, Inc. (PINK SHEETS:EEGI) released a statement from Mr. Sheng Chen, CEO of subsidiary Vu365:
“We at Vu365 are thrilled to team with EEGI. The web and casual gaming industry is one of the fastest growing leisure market sectors worldwide. Ours is an exciting company with a top-quality product that is only growing in popularity through the boom in online gaming. We expect this partnership with EEGI to raise the value of our company, as we are now able to expand our software development efforts to add to our already successful list of popular video game titles.
“We fully expect our existing revenues, currently in the $2 million USD range, to rise as the various projects we have in development, including an assortment of strategic web games, cyber games and 3-D large scale competitive games, land in the marketplace. These are exciting times for Vu365, and we look forward to a successful partnership with EEGI.”
EEGI will keep investors updated as to future news from Vu365.
Eline Entertainment Group, Inc. operates in the educational industry in China. It operates 12 educational training centers for nursery students; and 4 training programs. The company was formerly known as Eline Music.com, Inc. and changed its name to Eline Entertainment Group, Inc. in April 2001. Eline Entertainment Group, Inc. is based in Hendersen, Nevada.
Seanergy Maritime Holdings Corp. (Nasdaq:SHIP) announced that Mr. Kostas Koutsoubelis and Mr. Kyriakos Dermatis, both members of the Company's Board of Directors (the "Board"), have resigned from their respective positions.Mr. Koutsoubelis has advised the Company that his resignation is due to personal reasons and other commitments. The Board thanks Mr. Koutsoubelis for his contribution to the Company and wishes him every success in his future endeavors.Mr. Dermatis has advised the Company that his resignation is due to his other professional commitments. The Board thanks Mr. Dermatis for his contribution to the Company and wishes him the best on his other challenges.Following the resignation of Mr. Koutsoubelis and Mr. Dermatis, the Board now consists of seven members
Seanergy Maritime Holdings Corp. engages in the transportation of dry bulk cargo through the ownership and operation of dry bulk carriers. It operates a total fleet of 20 vessels, consisting of 4 Capesize vessels, 3 Panamax vessels, 11 Handysize vessels, and 2 Supramax vessels. The company was formerly known as Seanergy Maritime Corp. and changed its name to Seanergy Maritime Holdings Corp. on January 28, 2009. Seanergy Maritime Holdings Corp. was founded in 2008 and is based in Athens, Greece.
Ikanos Communications, Inc. (Nasdaq:IKAN) announced that it intends to offer to sell, subject to market and other conditions, shares of its common stock in an underwritten public offering. In connection with the offering, the Company expects to grant the underwriter a 30-day option to purchase additional shares of common stock. All of the shares will be offered by the Company.The Company intends to use the net proceeds of the offering for general corporate purposes.
Ikanos Communications, Inc. develops high performance semiconductor and software products. Its products enable network equipment manufacturers and service providers to deliver broadband to the digital home. The company provides network processors and other products that enable the delivery of triple- and quadruple-play services, including voice, video, and data over wireline and wireless networks.
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