Monday, April 5, 2010

StockProfiler.US: Small Cap Investor News: Weikang Bio-Technology Group Co., Inc. & Globotek Holdings, Inc.



HARBIN, CHINA, April 5, 2010 -- Weikang Bio-Technology Group Co., Inc. (OTCBB: WKBT) ("Weikang" or "the "Company"), a leading developer, manufacturer and marketer of Traditional Chinese Medicine (TCM), Western prescription pharmaceuticals and other health and nutritional products in the People's Republic of China announced its 2009 year-end financial results

Weikang Bio-Technology Group Co., Inc. closed at $3.46 Thursday, trading 24,424 shares.

Weikang Bio-Technology Group Co., Inc. Reports Fiscal 2009 Financial Results.

About Weikang Bio-Technology Group Co., Inc.

Weikang Bio-Technology Group Co., Inc., is principally engaged in developing, manufacturing and distributing Traditional Chinese Medicine (TCM), and health and nutritional supplements in China, in compliance with requisite Chinese licenses and approvals. The Company is also expanding its business scope to develop, manufacture and distribute Chinese herbal extract products and GMP certified western prescription pharmaceuticals through its acquisition of Tianfang.

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NEW YORK, NY, April 5, 2010 -- Globotek Holdings, Inc. (
OTCBB: GBTO) announced today that it has signed yet another multi-year agreement to build one APG processing plant every year for a period of ten years, this time with Colombian oil services giant Colregistros S.A.

Globotek Holdings, Inc. closed at $0.18 Thursday, trading 281,326 shares.

(GBTO) Globotek Signs USD $100 Million Mexico and Colombia Contract

About Globotek Holdings, Inc.

Associated Petroleum Gas (APG) is a by-product of crude oil extraction and its flaring currently accounts for approximately 400 million tons of harmful greenhouse gas emissions into the atmosphere every year. APG flaring has far reaching effects on the environment, public health and the economy.

Globotek is the developer and owner of a unique technology for the processing of APG that is carried out at the drilling field by a Modular Mobile Structure. Globotek's process involves the use of block-modular mobile complexes that each contain mini gas processing units and can be used in any environment where APG is flared. The advantages of the Globotek APG system are many but can be summarized as speed of construction and installation, small cost and a worldwide market. Russian legislation mandates that all oil fields in Russia must process APG to the international 95% standard by January 2012.

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