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EQLB, LGL, FREE, CRWEWallstreet.com Stock Report on Thursday!
EQLB, LGL, FREE, CRWEWallstreet.com Stock Report on Thursday!
EQ Labs, Inc. (Pink Sheets:EQLB) announced today that sales for the six months ended June 30, 2010 increased 40% compared to the same period in the previous year.
FOR IMMEDIATE RELEASE
(Free-Press-Release.com) August 5, 2010 --
EQ Labs, Inc. (Pink Sheets:EQLB) announced today that sales for the six months ended June 30, 2010 increased 40% compared to the same period in the previous year. Earlier this year, the company had announced that sales increased 300% percent in the Las Vegas Region.
Chief Executive Officer, Maurice Owens, said in a statement: "We expect to perform very well this year for our shareholders. Our innovative and great tasting products are being well received by consumers in some key markets throughout the United States."
EQ Energy Drink is currently sold in 800 stores in 48 states. The EQ Energy drink is the only effervescent-based tablet on the market today that is specially formulated with a combination of essential herbs and nutrients to easily dissolve in any beverage resulting in sustainable energy and a heightened sense of focus. The company is engaged in the process of recruiting additional international "sports" celebrities to endorse the EQ Energy Drink.
"We are extremely pleased regarding the market acceptance of our product this year. We expect these positive trends to continue and we anticipate the ability to deliver continued good news to our loyal shareholders," Mr. Owens concluded.
About EQ Labs, Inc. EQ Labs is engaged in the development, marketing and sale of EQ ("The Smart Energy Drink"). EQ is an effervescent tablet that can be dissolved in any beverage to provide instant energy. Consisting of a blend of essential vitamins, Gingko Biloba, and less caffeine than a cup of coffee. EQ is currently sold at Best Buy, 7-Eleven, Walgreens and other leading retailers.
More about EQLB at: www.drinkeq.com
The LGL Group, Inc. (NYSE Amex:LGL) announced today that MtronPTI, its wholly-owned subsidiary, entered into an agreement with Jackson Labs Technologies Inc. to develop and market Global Positioning Satellite Disciplined Oscillator (GPSDO) modules.
The LGL Group, Inc., through its wholly-owned subsidiary MtronPTI, manufactures and markets highly-engineered electronic components used to control the frequency or timing of signals in electronic circuits. MtronPTI's customers include Cisco, Raytheon, Ericsson, Honeywell, GE, Agilient Technologies, Northrop Grumman, Rockwell Collins and Harris RF, among others.
More about LGL at: www.lynchcorp.com
FreeSeas Inc. (Nasdaq:FREE) (Nasdaq:FREEZ) ("FreeSeas" or the "Company"), a transporter of dry-bulk cargoes through the ownership and operation of a fleet of eight Handysize vessels and two Handymax vessels, announced today financial results for its second quarter and six-month period ended June 30, 2010.
Recently, On July 30, 2010, FreeSeas entered into an agreement to sell the M/V Free Destiny, a 1982-built, 25,240dwt Handysize dry bulk carrier, for a gross price of $3.2 million. The M/V Free Destiny is currently employed in the spot market. FreeSeas expects to realize a gain of approximately $1 million, which will be recognized in the third quarter of 2010. The vessel is expected to be delivered to the buyers in August 2010.
More about FREE at: www.freeseas.gr
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Industry: Business Services
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