Deltron's Rebreather Equip., Spill Prevention & Containment
Deltron, Inc. (DTRO), through its Blu Vu Deep Oil and Gas Exploration, Inc. division, is developing rebreather equipment to aid in preventing and containing offshore oil spills. Deltron recognizes the critical need for solutions to improve inspection, maintenance and repair of deep water oil and gas rigs like BP's Deepwater Horizon. The company has designed proprietary closed circuit rebreather systems to enable commercial divers to reach greater depths, stay underwater longer, increase productivity while submerged, and reduce decompression and recovery time. Deltron's solutions are engineered to allow offshore drilling companies to…
Solomon 3Q Results
Solomon Technologies, Inc. (OTC:SOLM), a developer and manufacturer of regenerative electric power drive systems and high-voltage direct current power systems, announced its 2008 third quarter operating results for the period ended September 30, 2008. Revenue for the quarter ended September 30, 2008 was $2,376,527, an increase of 11.4% compared with the quarter ended September 30, 2007. The increase in revenue is primarily attributable to sales from the Solomon's Power Electronics Division. Gross profit for the period was $911,727 compared with the year earlier period of $972,173. The company reported a net loss for the three months ended September 30, 2008 of $1,785,130, a 67% reduction from its net loss of $5,366,547 for the three months ended September 30, 2007.
