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Home > Archives for October 2009 > Page 34

Month: October 2009

ThursdayOct 01, 2009 9:03 am

Consorteum Holdings Inc. (CSRH.OB) Updates Investor Community

Consorteum Holdings, Inc. (OTCBB: CSRH) this morning issued a corporate update to investors concerning its business activities. Over the last 60 days, the company has engaged in several meetings and presentations with various corporations, private and public, to further the development of its Card Programs, Merchant Discount Rates and new Joint Venture business relationship. Through these meetings, Consorteum has identified several new key business opportunities that will lead to increased revenues in 2010-2011. As previously announced, the company has signed a joint venture agreement with Trans Screen Group. Through this joint venture relationship, the companies aim to expand into markets…

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ThursdayOct 01, 2009 8:53 am

SANUWAVE Inc. (RBME.OB) Completes Reverse Merger with Rub Music Enterprises

SANUWAVE Inc. is an emerging medical technology company engaged in the development and commercialization of non-invasive, biological response activating devices. The company yesterday announced it is now the subsidiary of a publicly traded company through a reverse merger with a wholly owned subsidiary of Rub Music Enterprises Inc. (RME), effective September 25, 2009. Per the merger, SANUWAVE is the surviving entity. RME’s common stock is traded on the OTCBB under the ticker symbol “RBME”; however, SANUWAVE said it plans to change RME’s name and stock symbol to better fit SANUWAVE’s name. Christopher M. Cashman, president and CEO of SANUWAVE and…

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ThursdayOct 01, 2009 8:50 am

TransDigm Group Inc. (TDG) Prices Private Note Offering

TransDigm Group Inc. announced the pricing of its $425 million Senior Subordinated Notes issue. The issue is a private offering that will close on October 6, 2009. TransDigm Group will use the proceeds of the offering to pay a special dividend to holders of its common stock. The amount of the special dividend will be in a range of $7.50-7.70. The bonds are exempt from registration under Rule 144A of the Securities Act of 1933. The company reported earnings of $0.82 in its fiscal third quarter that ended 6/27/2009. This was up 14% from the same quarter last year. Revenues…

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ThursdayOct 01, 2009 8:45 am

iTech Medical, Inc. (IMSU.OB) Announces Update on MPR Clinical Development

The California based company iTech Medical has been gaining national recognition of late as being a leader in the medical information technology field. Today, iTech Medical took a major step towards enhancing their future when they provided an update on their clinical and regulatory plans for their proprietary Muscle Pattern Recognition (MPR) System. The MPR system is unique in that it is a patented clinical tool that analyzes patterns of muscles recruit and, more importantly, provides detailed physiological information on muscle function that can assist in the diagnosis and treatment of back and neck injury and illness. Currently, iTech is…

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