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WednesdayJul 01, 2009 6:59 am

China Nuvo Solar Energy Inc. (CNUV.OB) Obtains More Patents through Recent Purchase

What better place to develop new solar technology than sunny West Palm Beach, Florida. China Nuvo Solar Energy Inc. has been developing new, patentable inventions to meet the growing needs of renewable energy. Solar energy in particular takes the front seat for China Nuvo. For most, when we see those shiny squares on a roof or positioned in fields or yards, our first reaction is, “Oh look, solar panels.” Those “panels” are actually intricate layouts of photovoltaic solar cells. The efficiency and productivity of these units have been perfected numerous times over the years. It seems though China Nuvo has…

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WednesdayJul 01, 2009 6:33 am

Lufkin Industries, Inc. (LUFK) Acquires Rotating Machinery Technology, Inc.

Lufkin Industries, Inc. announced this morning that it has completed the acquisition of Rotating Machinery Technology, Inc. (RMT). RMT is recognized as a leader in the turbo-machinery industry, specializing in the analysis, design and manufacture of precision, custom-engineered tilting-pad bearings and related components for high-speed turbo equipment. Additionally, the company services, repairs and upgrades turbo-expander process units for air and gas separation. "We believe the acquisition of RMT will be a strong strategic fit with our Power Transmission division, and we look forward to working with their highly respected and experienced management team. We are pleased that Dr. John Nicholas,…

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WednesdayJul 01, 2009 6:26 am

i2Telecom International, Inc.’s (ITUI.OB) MyGlobalTalk Makes International Calls on the iPhone Affordable

i2Telecom International, Inc., a leading developer of award-winning patented and innovative high-quality mobile applications and services, announced that its international calling solution MyGlobalTalk™ is now available on the iTunes online store as a free iPhone application. By routing calls through the MyGlobalTalk™ network, the iPhone application allows users to make international phone calls for less. Working wherever mobile service is available, users are able to access the high-quality service without a Wi-Fi connection. Furthermore there are no contracts, connection fees or call minimums. “We believe the application is an easy-to-use solution for iPhone users who make international calls from the…

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WednesdayJul 01, 2009 6:12 am

Gold Resource Corp. (GORO.OB) Announces $20 Million Private Placement

Gold Resource Corp. was pleased to announce today that Hochschild Mining plc has agreed to a $20 million private placement, purchasing 5 million restricted shares of GRC's common stock at $4.00 per share. According to the press release, the capital will primarily be used at the company’s Aguila Project in the state of Oaxaca, Mexico. Hochschild's holdings in GRC now totals to approximately 24%. Gold Resource Corporation's president, William W. Reid stated, "We are pleased to have the continued support and financial assistance of Hochschild Mining during these final phases of project construction. Hochschild has and is assisting us in…

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