April 2011 - Page 4 of 26

WednesdayApr 27, 2011 11:59 am

PeopleString Corp. (PLPE) is “One to Watch”

PeopleString Corp. creates technologies that enable consumers to take advantage of their social networks to capitalize on the best national and local deals. The Company's patent pending "shareItUp" technology takes the power of social media to create coupons that go up in value when shared and rewards loyal customers who share their favorite merchants with others. Founded in January 2009, PeopleString Corp. has their headquarters in Red Bank, New Jersey. Their PeopleString social network allows individuals, entrepreneurs, and small business to manage and aggregate their personal, business, and social communications into one online dashboard. PeopleString also offers patent pending "Insta…

WednesdayApr 27, 2011 10:47 am

China North East Petroleum Holdings Ltd. (NEP) Closes on Acquisition

China North East Petroleum Holdings Ltd. announced that the company has closed on its purchase of the Sunite Right Banner Shengyuan Oil and Gas Technology Development Co., Ltd., an exploration and production company with operations in Inner Mongolia. China North East Petroleum Holdings Ltd. said that the final acquisition price was $43.4 million, payable in a combination of cash and stock. The cash component of the deal is $10.6 million and is payable no later than May 16, 2011. China North East Petroleum Holdings Ltd. will issue 5.8 million shares of common stock valued at $32.8 million to Shengyuan shareholders.…

WednesdayApr 27, 2011 10:31 am

Clenergen Corp. (CRGE) to Capitalize on Increased Demand for Electricity from Emerging Market’s Industrial and Retail Sectors

Clenergen Corp. today announced it is seeing an increased demand for electricity in India, Africa, and the Philippines, resulting from a surge of business opportunities for its operations. As shortages of electricity during both off peak and peak times continue, companies and municipalities are now turning to alternative energy sources and independent power producers for stable power supply. In the Philippines, urban centers rural communities are suffering from shortages in diesel supply and higher fuel costs as their electricity is generated from the fossil fuel. Clenergen intends to install its first 2MW gasification power plant on Romblon Island later this…

WednesdayApr 27, 2011 9:00 am

Nothing Virtual about Onstream Media Corp.’s (ONSM) Climb in 2011; Shares Rise Again

Social media marketing and cutting-edge web communications are changing the modality of corporate business strategies today. Public and privately-held companies alike are embracing technologies that can enhance communications across all spectrums for internal business purposes as well as outside interaction with shareholders and clients. Modern digital technologies facilitate the capacity for organizations to create and distribute their message in a manner unlike methods of the not too distant past which now seem antiquated. To focus on only one aspect, webcasts alone have experienced triple digit growth year over year since 1995; directly representing the importance and depth of online operations.…

WednesdayApr 27, 2011 8:51 am

Rediff.com India Ltd. (REDF) Introduces Group Deals Service in India

Yesterday, Rediff.com India Ltd. revealed its new group deals service, Rediff Deal Ho Jaye!. This new service will allow customers discounts at local businesses, in a similar fashion as other services like Groupon. The offers available on Rediff.com will be available at local merchants in each of the 40 cities the service is available in. Rediff is an online provider of news, entertainment, communication and shopping services, with offices Mumbai, New Delhi, Bangalore, Chennai, Hyderabad and New York. Their Deal Ho Jaye! Service will expose their audience of over 15 million viewers a month to local merchants and services, as…

WednesdayApr 27, 2011 8:50 am

Provectus Pharmaceuticals, Inc. (PVCT) Receives Orphan Drug Designation from FDA

Provectus Pharmaceuticals, Inc. announced yesterday that they have received orphan drug designation by the U.S. Food and Drug Administration (FDA) for Rose Bengal, the active ingredient in the Company's novel oncology drug PV-10, for the treatment of hepatocellular carcinoma (HCC). HCC is the most common form of primary liver cancer. Provectus completed patient accrual and treatment of all subjects in their Phase 1 clinical trial of PV-10 for liver cancer in January 2011. Currently the Company is designing a Phase 2 study. PV-10 is a proprietary, injectable formulation of Rose Bengal, a compound that has been in use for more…

TuesdayApr 26, 2011 5:12 pm

PeopleString Corp. (PLPE) Kicks-off Social Coupon Platform PeopleDeals

Leveraging the powerful world of social media, PeopleString Corp. today officially launched PeopleDeals, a social coupon platform that allows merchants to launch real-time social media advertising and, through its shareItUp feature, offer deals that grow in value as they are shared via social networks, e-mail or text. PeopleDeals was designed to give incentives to customer loyalty by increasing the value of the deals and coupons as they are shared. Currently, users can share deals through Facebook, Twitter, PeopleString, MySpace, Blogger, TypePad, LiveJournal, Delicious, SMS or e-mail. "PeopleDeals drives long-term customer relationships by rewarding loyalty with increasing discounts, rather than one…

TuesdayApr 26, 2011 3:08 pm

UnionTown Energy Inc. (UTOG) Acquires Massive 24k-Acre Darby Block with Estimated Reserves of 120 Million BOE

UnionTown Energy, www.UnionTownEnergy.com – the oil and natural gas developer focused squarely on its diverse portfolio of excellent North American holdings, reported today that the Company’s offer to purchase the 24k-acre Darby Block property, currently operated by Talisman Energy USA Inc., was accepted. The Darby Block is in prime geology at the tip of the Wyoming Thrust Belt, near Exxon’s massive LaBarge field. Major development work and production all along the same structural trend validates the profile of a working hydrocarbon system, a system with stacked reservoirs like this Bighorn, Madison and Nugget, all proven producers. Analysis of third-party geological…

TuesdayApr 26, 2011 2:03 pm

Vantage Drilling Company (VTG) is “One to Watch”

Vantage Drilling Company, an offshore drilling contractor, provides drilling services internationally with a focus on deep water and other high-specification drilling solutions. The company has built one of the most dynamic teams in the industry with an unsurpassed safety program, premier offshore drilling performance, and a track record of outstanding results achieved by exceeding expectations. The company's fleet of high specification state-of-the-art drilling units are well suited to meet the requirements of customers for efficiently drilling through deep and complex geological formations. Vantage's high specification drilling units generally provide faster drilling and moving times and are generally preferred by customers…

TuesdayApr 26, 2011 1:56 pm

Credo Petroleum Corp. (CRED) Updates Oil and Gas Operations in Nebraska and Texas

Credo Petroleum Corp. issued an operations update for the first quarter of 2011 on its oil and gas activities. The company is active in Nebraska, Texas and several other areas of the onshore United States. Credo Petroleum has accumulated leasehold of 40,000 net acres in Nebraska and recently recompleted a previously drilled well on its properties. The well is producing 50 barrels of oil per day from the Lansing Kansas City interval, and this production is the company’s first production from the state. Credo Petroleum has drilled and cased a second well nearby, and plans to start completion operations on…

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Month: April 2011