August 2011 - Page 9 of 25

FridayAug 19, 2011 12:04 pm

Beacon Equity Research Featured Company: Blugrass Energy, Inc. (BLUG)

Blugrass Energy Inc., doing business as Rio Grande Petroleum Inc., is focused on exploring for oil and natural gas, primarily in West Texas. The company’s Childress Prospect, in the Val Verde Basin of West Texas covering 4,807 acres, has significant probable resource potential. A lot of work and money has been invested over the years on the lease, which have exceeded $4 million. Based on Rio Grande’s geoscientist advisor’s data sets review and evaluation, there are 77 drilling targets on three pay zones over the Childress lease. The company is developing a drilling portfolio in West Texas and acquired an…

FridayAug 19, 2011 11:42 am

Beacon Equity Research Featured Company: Dutch Gold Resources, Inc. (DGRI)

Dutch Gold Resources, Inc. is focused on acquiring and developing gold properties in North America. The Basin Gulch project Montana, the Jungo property outside Winnemucca, Nevada, and the Gold Bug Mine in Oregon currently comprise the company's portfolio. The company's strategy is target overlooked resources that have the potential to create value within 24 months of acquisition. Established criteria call for a property to reach either near term production, or be a candidate for development through joint venture financing. Dutch Gold’s management team is comprised of professionals with decades of experience in geology, mergers and acquisitions, as well as corporate…

FridayAug 19, 2011 11:21 am

Cannabis Science, Inc. (CBIS) and Prescription Vending Machines, Inc. Sign Worldwide Distribution Agreement

Cannabis Science, Inc., a pioneering U.S. biotech company developing pharmaceutical cannabis products, is pleased to announce that it has entered into an exclusive distribution agreement with Prescription Vending Machines Inc. (D.B.A. Medicine Dispensing Systems). Cannabis Science has also contracted with PVM’s principal, Vincent Mehdizadeh, to provide industry specific consulting and advisory services for the company. Pursuant to the terms of the agreement, Cannabis Science will have certain worldwide rights as PVM’s exclusive and non-exclusive distributor of all PVM products and services in the Continents of Asia, Africa, North America, South America, Antarctica, Europe, and Australia/Oceania. The companies will share in…

FridayAug 19, 2011 11:17 am

BioTime, Inc. (BTX) Announces Four Human Embryonic Stem Cell Lines Approved for Inclusion in NIH Registry

BioTime, Inc., a California biotechnology company focused on regenerative medicine and blood plasma volume expanders, today announced NIH (National Institutes of Health) approval of four of the company’s embryonic stem cell lines for inclusion in the NIH Human Embryonic Stem Cell Registry. The four stem cell lines are ESI-035, ESI-049, ESI-051, and ESI-053, developed by BioTime wholly owned subsidiary ES Cell International (ESI), one of the earliest pioneers of human embryonic stem cell technology BioTime President and CEO, Michael D. West, Ph.D., commented on the announcement. “As researchers work towards developing therapeutics for use in hard-to-treat diseases, we believe that…

FridayAug 19, 2011 11:09 am

Lifevantage Corp. (LFVN) Video Chart for Friday, August 19, 2011

LFVN is holding its own in a very difficult market climate, channeling for several months and holding the majority of gains since a climb from around 30 cents. Technical traders will be watching support around $1.30 and old high resistance at $1.62. To view the video chart, visit the following link: http://www.qualitystocks.net/videocharts Let us hear your thoughts below:

FridayAug 19, 2011 8:50 am

JA Solar (JASO) Posts Q1 Results, Continued Focus for Remainder of 2011

JA Solar Holdings Co. Ltd. announced its financial results for its first quarter ended March 31, 2011. Revenue in the first quarter of 2011 was $556.4 million, an increase of 91.2 percent from $290.9 million reported in the first quarter of the year prior. Gross profit in the first quarter of 2011 was $96.3 million, compared with $67.0 million in the first quarter of 2010. Gross margin was 17.3 percent in the first quarter of 2011, compared with 23.0 percent in the comparable quarter of 2010. Operating income in the first quarter of 2011 was $83.3 million, compared with $54.1…

ThursdayAug 18, 2011 2:31 pm

Mer Telemanagement Solutions Ltd. (MTSL) Signs $2.5 Million Agreement with U.S. Based Mobile Virtual Network Operator for Mobile Billing and Customer Care

Mer Telemanagement Solutions (MTS) Ltd., an Israeli Company that provides global business support systems (BSS) for comprehensive telecommunication management, telecommunications expense management (TEM) solutions and customer care & billing (CC&B) solutions, today announced that a large U.S. based Mobile Virtual Network Operator (MVNO) has extended their contract through 2012 for MTS's MVNO customer care and billing solution . MTS Telecommunications expense management solutions are used by thousands of organizations to ensure their telecommunication services are acquired, provisioned and invoiced correctly. "The MVNE and Wireless Management business continues to grow and we managed to extend our contract through the end of…

ThursdayAug 18, 2011 2:28 pm

OraSure Technologies, Inc. (OSUR) Announces Completion of Acquisition of DNA Genotek Inc.

OraSure Technologies, Inc., a company that develops, manufactures, markets, and sells oral fluid diagnostic products and specimen collection devices in the United States and internationally, announced that it has completed its previously-announced acquisition of DNA Genotek Inc., a premium provider of oral fluid sample collection, preparation and stabilization products used for molecular diagnostic applications, for 50 million Canadian dollars in cash (approximately US $50.7 million with current exchange rates). The funding for the acquisition was made by OraSure with cash on hand. The acquisition of DNA Genotek makes OraSure’s leadership in oral fluid diagnostics stronger by providing OraSure with a…

ThursdayAug 18, 2011 1:52 pm

Legend Oil and Gas Ltd. (LOGL) Reports on Oil and Gas Operations in Canada and Kansas

Legend Oil and Gas Ltd. issued a financial and operational update regarding the company’s oil and gas exploration and development activities in North America. Legend Oil and Gas recently closed on $10.6 million of financing to fund an acquisition of oil and gas properties in Canada. The financing consists of a private placement of $4.6 million of equity and a $6 million credit facility with the National Bank of Canada. Legend Oil and Gas has signed a non-binding letter of intent to acquire properties in Canada held by International Sovereign Energy Corp. at a cost of $17 million. The acreage…

ThursdayAug 18, 2011 12:03 pm

Tivus, Inc. (TIVU) Offers a Positive Guest Experience

Without a good idea of what customers want, and what they don’t want, no business is sound. Even with new and untried product concepts, an accurate sense of what people will embrace is the line between success and failure. Surprisingly, a large segment of the hospitality industry continues to frustrate its best customers by largely ignoring their growing technical proficiency and expectations. For example, people who routinely use their big screen home television units as computer monitors or for games are often out of luck when they travel, since there is frequently no plug panel for connectivity to hotel sets.…

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Month: August 2011