subject: Orfg, Ppo, Nwtt Stock Update From Pennytobuck.com [print this page] NW Tech Capital Inc.s (PINK SHEETS:NWTT) Canada-based subsidiary Bermal Contracting Ltd. announces that the company is nearing a supply agreement with Grass Kings Landscaping Co. Bermal Contracting CEO Raffaella Bernar reported that negotiations with the popular new landscaper for purchase of Bermal stackable flagstone and patio flagstone are nearing their successful conclusion.
Grass Kings Landscaping Co. is a promising new landscape business based in Summerland, BC. Ms. Bernar reports that Grass Kings representatives were impressed with the Bermal flagstone. Ms. Bernar feels that the growing popularity of Grass Kings customized landscape solutions makes it likely that the company will become a repeat Bermal customer.
For more information visit NWTTs site at http://www.nwtechcapital.com
Orofino Gold Corp, (Pink Sheet:ORFG) is a new high growth gold company whose mandate is to acquire, explore and develop to compliant proven reserves major gold targets in historically rich gold bearing jurisdictions of Mexico and Colombia two of the most significant gold producing countries in the world. To this end OROFINO has signed an option agreement to acquire several properties in Colombia.
The company has reviewed several bulk minable properties and has signed an option to acquire properties in the Sur de Bolivar Department of Colombia South America.
OROFINOs competitive advantages are the close long term relationships to Mexico and Colombia with their numerous high quality low cost gold opportunities. OROFINO has a Spanish speaking team with geological leadership with over 30 years in Mexico and 28 years in Colombia. The company has performed due diligence on many prospective properties and has categorized three as good to high priority, high return opportunities for immediate investment. These properties are in areas of known gold reserves, low production costs and multi million ounce potential.
The company drilled its first gold prospect during the first quarter of 2010.
Results from mineralized and un-mineralized material samples, as well as selected representative samples collected from ORFGs Colombian projects that ran higher than expected in gold, silver and copper, give the precious metals acquisition, exploration, and development company four very strong targets and two extremely rich structures to target for gold and copper. ORFG will now implement an airborne magnetometer program, as well as begin site preparation for the diamond drilling currently taking place.
Visit ORFGs website: http://www.orofinogold.com/
Polypore International, Inc. (NYSE:PPO) recently reported in their last press release its financial results for the second quarter ended July 3, 2010.
Sales were $150.1 million, an increase of $31.9 million, or 27%,
compared with the prior-year period. Excluding the effect of foreign
currency translation, sales increased 29%.
Adjusted Operating Income was $32.7 million compared with $23.0 million
in the prior-year period. A table showing the reconciliation of Adjusted
Operating Income to U.S. GAAP amounts is included in this release.
Adjusted Net Income and Adjusted EPS were $15.2 million and $0.33 per
diluted share, compared with $5.2 million and $0.12 per diluted share in
the prior-year period. Net income was $15.9 million and $0.34 per
diluted share. A table showing the reconciliation of Adjusted Net Income
and Adjusted EPS to U.S. GAAP amounts is included in this release.
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