AFCE, SPU and EQLB Stock Update From PennyToBuck.com

EQ Labs reported that it has sponsored a Starcraft II Tournament this past weekend in Minneapolis, Minnesota.
By: Justin Handy
 
Aug. 16, 2010 - PRLog -- EQ Labs (Pink Sheets:EQLB) reported that it has sponsored a Starcraft II Tournament this past weekend in Minneapolis, Minnesota. The sponsorship of this tournament will begin an aggressive campaign by EQ Labs to target an estimated 100 million video gamers worldwide.

Starcraft is a PC-based video game developed by Blizzard Entertainment. The first game of the series was released for Microsoft Windows in 1998. As of February 2009, over 11 million copies of the game were sold worldwide making it one of the top selling video games of all time.

Starcraft ll, the sequel to the first version of Starcraft was in development over 5 years and was released at Midnight on July 26th, 2010 to long lines. It is currently the third best-selling video game on Amazon.com. In 2009, computer and video game companies sold 273 million units in the United States generating $20 billion in revenues.

Maurice Owens, Chief Executive Officer of EQLB, stated, "We believe worldwide video gamers represent one of the largest and most enthusiastic groups of consumers for EQ. Although we are in a very challenging economic environment, the economic demographics of the worldwide gaming market remain very positive according to all reports." Owens added, "Gamers have given us excellent feedback regarding EQ and we are working diligently to rapidly expand its availability in large retail outlets throughout the world."




The EQ Energy Drink line is currently sold in 800 stores in 48 states. 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.



SkyPeople Fruit Juice, Inc. , a processor and manufacturer of kiwifruit, apple, pear, turnjujube and other concentrated specialty fruit juices and manufacturer of Hedetang-branded fruit beverages for sale in domestic markets, has announced its financial results for its second quarter ended June 30, 2010.

   Second Quarter 2010 Highlights
   -- Revenue was $13.4 million, up 116.1% from 2Q 2009
   -- Gross margins increased 1,720 basis points to 47.8%
   -- Net income was $4.8 million, up 182.4% from 2Q 2009 and EPS of $0.22
   -- $10.1 million in cash flow from operations for the first six months of 2010

Total revenue for the second quarter of 2010 ended June 30, 2010 was $13.4 million, up 116.1% from $6.2 million for the quarter ended June 30, 2009. This increase was primarily due to an increase in sales of concentrated pear juice, concentrated kiwifruit puree and fruit juice beverages. Concentrated pear juice is widely used as a sweetener in a variety of juices, soft drinks and food products made in China and abroad. Sales of pear concentrate increased 96.7% year over year to $1.7 million for the quarter. Due to an extended growing season which benefited from a favorable climate leading into 2010, kiwifruit puree and concentrates were also a significant contributor during the quarter. Sales of kiwifruit juice and puree were $3.9 million for the period ended June 30, 2010. Normally, the harvest and squeezing season for kiwifruit concludes in the first quarter of the year, which is why there were no sales in the year ago period.



AFC Enterprises, Inc. , the franchisor and operator of Popeyes, reported that its Quarterly Report on Form 10-Q for its second quarter of fiscal 2010, which ended July 11, 2010, will be filed on Wednesday, August 18, 2010, after market close. AFCE will host a conference call on Thursday, August 19, 2010, at 9:00 a.m. Eastern Time to review results. A live listen-only webcast of the conference call will be available on the AFC website at www.afce.com.


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