Encorium Group, Inc. (NASDAQ: ENCO) is currently trading at 3.11, up .46 or 17.36%. On Tuesday, it reported its first quarter 2010 results. Net revenue was $3 million, a decrease of 33.9% from $4.5 million for the first quarter of 2009. Encorium was recently awarded $6.8 million of new business awards, primarily consisting of two Phase III studies for a major Asian technology company that is diversifying its operations into the pharmaceutical industry, $1.1 million of which is included in the March 31, 2010 backlog.
ZBB Energy Corp (AMEX: ZBB) is currently trading at .402, up .081 or 25.23%. On Monday, it filed its Form 10-Q, Quarterly Report. Revenues for the three months ended March 31, 2010 and 2009 were $188,780 and $219,853, respectively, a decrease of $31,073. They released a basic registration statement on Wednesday, May 19th as well.
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