November 2009 - Page 14 of 29

MondayNov 16, 2009 10:07 am

Cardo Medical, Inc. (CDOM.OB) Closes $6.2 Million from Private Placement

The Beverly Hills Corporation Cardo Medical, Inc. has been gaining a reputation on Wall Street and in the medical field alike. As a leader in the development of reconstructive orthopedic and spinal surgery products, Cardo has a robust and innovative product pipeline. Today, Cardo announced that it has completed the previously disclosed private placement transaction, successfully raising $6.2 million. With an array of products on display in the medical field through Cardo, the corporation intends to use this capital for the integration of recent acquisitions and the release of its total knee system which has the potential to evolve into…

MondayNov 16, 2009 9:56 am

General Environmental Management, Inc. (GEVI.OB) Announces Acquisition of Santa Clara Waste Water

General Environmental Management, Inc. announced today before the opening bell that it has completed the acquisition of Santa Clara Waste Water (SCWW), a profitable, 50 year old, full service environmental services company focused primarily on the waste water treatment business. To date, SCWW has treated more than 2 billion gallons of waste water and is recognized as one of the top 100 privately owned non-hazardous waste water utilities in the United States. GEM financed the acquisition through the issuance of six promissory notes in the aggregate principal amount of $9,003,000, along with warrants for the principals of SCWW to purchase…

MondayNov 16, 2009 9:48 am

VIASPACE, Inc.’s (VSPC.OB) Focus on Developing Revenue Streams in Renewable and Alternative Energy Markets

VIASPACE Inc. is a clean energy company focused on products and technology that reduce or eliminate dependence on fossil fuels and other high-pollutant energy sources. The company is developing revenue streams in targeted segments of the renewable and alternative energy markets through two of its subsidiaries – in the renewable space, VIASPACE Green Energy and in the alternative energy space – Direct Methanol Fuel Cell Corporation. For the renewable energy markets, the company's subsidiary – VIASPACE Green Energy – is cultivating Giant King Grass, a proprietary, fast-growing perennial grass. This grass will be used for the production of non-food, low…

MondayNov 16, 2009 8:56 am

Muscle Flex, Inc. (MFLI.PK) to Hold an Investor Conference Call this Week with Muscle Flex CEO Danny Alex

Muscle Flex Inc. announced today that it will be holding an investor conference call on Thursday November 19, 2009 at 3:00 PM PST with Muscle Flex CEO, Danny Alex. The conference call number will be provided to interested participants on the morning of Thursday November 19. During the call, Muscle Flex CEO, Danny Alex, will provide details on the macro strategy of the company, the BUDDY and the Beagle commercial releases, his appearance on the American Music Awards online pre-show, internet / online strategies, additional products in development, the short and long term macro corporate vision as well as a…

MondayNov 16, 2009 8:50 am

Newport Digital Technologies, Inc. (NPDT.OB) Introduces Its RFID Solutions at Major Conference

Newport Digital Technologies, Inc. announced this morning the successful introduction of its total RFID Solutions at the VICS Conference in Fayetteville, Arkansas. NPDT demonstrated its capabilities as a full RFID solutions provider, including displaying RFID tag programmers, kiosks, mobile computing readers, and tags. Matthew Jones. Laboratory Manager for the Company's RFID facility in Bentonville, Arkansas, said it was "important to showcase all of NPDT's capabilities to potential partners and customers. The conference went a long way to introducing us to the RFID community and put us in the spotlight as the new participant with products and services superior to those…

FridayNov 13, 2009 4:20 pm

Simtrol, Inc. (SMRL.OB) Sells Vistor™ and Scheduler™ Products to Strike Industries

Today, innovative enterprise-class software solutions developer, Simtrol, Inc. , announced the sale of its Visitor(TM) and Scheduler(TM) products to its partner Strike Industries, Inc. The transaction grants Strike Industries the right to modify, advertise, promote, market and license the software. As per the terms of the agreement, Simtrol will receive a cash payment, a secured note, plus a royalty stream from future sales of the software. The products support and enable software-based management and delivery of prisoner visitation in a truly scalable and cost-effective way. Oliver Cooper, Simtrol President and CEO, stated, "We are excited to leverage Strike's deep industry…

FridayNov 13, 2009 4:15 pm

ECO2 Plastics, Inc. (EOPI.OB) Up 443% After Highlight by QualityStocks Daily Newsletter

ECO2 Plastics’ stock closed today’s trading at $0.0076 a share, up $0.006 or 375% for the day. The strong upsurge in price has been accompanied by an even more incredible surge in volume – in excess of 108 million shares – well above the average daily volume of only about 256,000 shares. The company was just highlighted this Monday in QualityStocks FREE Daily Newsletter when the stock was trading at only $0.0014 a share! The company was recently awarded by Popular Science magazine their coveted “Best of What's New” award in the 'green tech' category. ECO2 Plastics has patented technology…

FridayNov 13, 2009 2:54 pm

North European Oil Royalty Trust (NRT) Reports Fourth Quarter Income and Distribution

North European Oil Royalty Trust reported net income of $3.5 million, or $0.38 per unit, for its fourth fiscal quarter ending 10/31/2009. During the same quarter last year, the company earned $9.4 million, or $1.02 per unit. The company paid a distribution of $0.38 per unit in the quarter. Management of the North European Oil Royalty Trust blamed the sharp year over year fall in gas prices for the lower income. The North European Oil Royalty Trust is a trust set up to receive royalties from hydrocarbon producing areas in Germany. ExxonMobil Corporation (XOM) and Royal Dutch/Shell (RDS) are the…

FridayNov 13, 2009 2:00 pm

Magnum D’Or Resources Inc. (MDOR.OB) Subsidiary Commences Tire Recycling Operations

Magnum D'Or Resources Inc. has positioned itself to become a global leader in rubber and scrap tire recycling. The company's proprietary 'green' technology provides a one-of-a-kind solution to all of the challenges in eliminating stockpiles of scrap tires and rubber scrap. The company announced yesterday that its wholly-owned subsidiary, Magnum Recycling USA, will officially start recycling operations at the Hudson tire landfill on November 12, 2009. This facility consists of 120 acres with an inventory of roughly 35 to 40 million tires, making it one of the largest tire landfills in the world. Operations at the facility will include sorting,…

FridayNov 13, 2009 1:26 pm

Artificial Life Inc. (ALIF.OB) Announces New Product Line with ‘Augmented Reality’

Artificial Life Inc. is recognized internationally for mobile interactive gaming and providing outstanding content quality and technology. The company is a leading provider of 2-dimensional and 3-dimensional multi- and single- player rich-media applications for 3G, 3.5G and 4G network-enabled mobile phones. The company announced today that it has scheduled a series of new products for release, based on augmented reality (AR) technology. The new product line will include new mobile games as well as new mobile business and lifestyle applications. The first products are scheduled to be released in the first quarter of 2010. This technology allows the inclusion of…

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Month: November 2009