Blog - Page 2719 of 5703

WednesdayApr 01, 2015 4:21 pm

Sparta Commercial Services, Inc. (SRCO) has Secure Seat on Fast-Moving App Bandwagon

The number of apps available for download from leading app stores is roughly 2.5 million, according to research firm Statista, which also reports that in the summer of 2014 more than 75 billion apps were downloaded from the Apple App Store alone. As of March 2015, gaming apps represent the most popular (21.4%) of the top 20 app categories followed by apps that perform some sort of business function (10.1%). New York-based Sparta Commercial Services is a technology company whose subsidiary, Specialty Reports, Inc., zeroes in on the latter category with the development of custom mobile apps for small- and…

WednesdayApr 01, 2015 3:55 pm

Stellar Biotechnologies, Inc. (SBOTF) Expands KLY Supply Relationship with Neovacs S.A.

Stellar Biotechnologies and Neovacs S.A. have expanded their existing supply agreement under which Stellar will meet Neovacs' requirements for Keyhole Limpet Hemocyanin (KLH), a primary component of Neovacs' proprietary Kinoid immunotherapy technology. Stellar is a leading manufacturer of KLH, an immune-stimulating protein produced from a scarce marine source and widely used as a carrier molecule in immunotherapies being developed for a variety of disease indications. Stellar believes it is the only company with the proprietary technology to manage sustainable, scalable production of GMP quality KLH to meet future pharmaceutical industry demands, similar to its support of Neovacs’ development of active…

WednesdayApr 01, 2015 12:43 pm

Source Financial Group’s (SRCF) Moneytech Finance Pty Ltd Enters Agreement for AUD$25M Offering

Moneytech Finance (“M Finance”), an indirect wholly owned subsidiary of Source Financial Group, last week signed a deal with FIIG Securities Limited in which FIIG agreed to act as lead manager and initial subscriber for M Finance’s AUD$25 million offering of Australian Dollar Subordinated Notes. It is anticipated that the offering will close April 10, 2015. According to Source Financial’s recent 8-K filing, the offering was not registered in Australia and was made only to individuals and entities in Australia to whom it is lawful to make an offering of subordinated notes without disclosure under the Corporations Act of Australia.…

WednesdayApr 01, 2015 9:49 am

MIT Holding, Inc. (MITD) Well-Positioned to Continue Racking Up Profitable Quarters as Healthcare Industry Transitions from Inpatient to Outpatient Care

There has been a gradual but consistent shift in healthcare over the last decade or so from inpatient stays to ambulatory care (outpatient care) and the advent of the Patient Protection, as well as the Affordable Care Act (ACA), have accelerated this transition in the overall healthcare business model substantially. According to healthcare advisory firm Kaufman Hall, inpatient utilizations (per 1k) continually declined from 2000 to 2011 and 71% of the states in their study showed decreases of over 5%. A clear trend which is further evinced by Fitch Ratings' report from August of 2014 showing a marked decline in…

WednesdayApr 01, 2015 9:42 am

Falcon Crest Energy, Inc. (FCEN) Looks to Leverage Presence in Rocky Ford Field

As experts continue to predict a second oil boom in Wyoming, Falcon Crest Energy, Inc. (OTC: FCEN), which has a significant leasehold in the state, has affirmed an optimistic outlook towards its strategic position. In February, the company announced that it had acquired a 100 percent working interest in the Rocky Ford Field region of Crook County, Wyoming. In addition to being located in one of the country’s most active oil production areas, Falcon Crest has also expressed confidence regarding the shallow drilling depths required to explore and develop the leasehold. As oil prices hover near six-year lows, Falcon Crest…

WednesdayApr 01, 2015 9:23 am

Inventergy Global, Inc. (INVT) Signs $2.15M Common Stock Purchase Agreement to Finance Licensing Strategy

Inventergy Global, an intellectual property (IP) licensing partner, has entered into definitive agreements with several institutional investors and accredited investors who have agreed to purchase 4,673,914 shares of the company’s common stock at $0.46 per share for gross proceeds of $2.15 million. The company said it has allocated the proceeds for working capital purposes in support of its IP licensing strategies. The closing of the offering is expected to take place on or before April 7, 2015. "We are extremely pleased by this round of funding that provides us additional resources to pursue the various deals in our current pipeline.…

TuesdayMar 31, 2015 3:09 pm

eCareer Holdings, Inc. (ECHI) Increases Foothold in Online Hiring Industry through Openreq.com Overhaul

Reports from CareerXRoads indicate that approximately 35 percent of all hiring takes place through the use of online job boards and career sites, which combine to make up the most widely utilized hiring method in the country. eCareer Holdings, Inc. (OTCQB: ECHI), through its recently re-launched Openreq.com website, is rapidly expanding its foothold in the vital industry sector. Since its overhaul and subsequent re-launch in November 2014, Openreq.com has experienced massive growth. In addition to serving as the leading news source for human resources professionals, eCareer’s implementation of an enhanced job board platform has led to a reported 1000 percent…

TuesdayMar 31, 2015 3:00 pm

Start Scientific, Inc.’s (STSC) Existing Portfolio Lends Insight to Broader Long-Term Plan

San Antonio, Texas-based Start Scientific is an oil and gas exploration, drilling, extraction and delivery company with a current portfolio of a total of four primary projects located in Mississippi, Texas, North Dakota and West Virginia. The company’s progression strategy is to advance these primary projects and utilize its more than 65 years of industry experience to seek out additional development opportunities that are overlooked by larger oil and gas companies. Start Scientific’s interests include low-risk land and lease opportunities on properties with known oil deposits. The goal is to develop facilities on these properties and cost effectively extract the…

TuesdayMar 31, 2015 2:33 pm

GTSO Begins Scouting for Scientific Partners in Colorado Cannabis Industry

Cannabis technology innovator Green Technology Solutions, Inc. (OTCBB: GTSO) is seeking out new scientific partners who can boost its expertise in providing cutting-edge services to the booming Colorado cannabis industry. GTSO is close to securing a new location in the heart of Colorado’s cannabis cultivation sector for its recently acquired Class 5 clean room: a germ- and pest-free environment where GTSO can reliably test cannabis products for contamination, potency and breeding, among other measurable attributes. The multi-million-dollar asset was acquired by the company in order to begin offering scientific testing and quality-control services to the top cannabis cultivators and retailers,…

TuesdayMar 31, 2015 2:21 pm

ASCC Targets Authentic New Tastes in Booming U.S. Bourbon Market

As the Aristocrat Group Corp. works to diversify its product line and capture a larger share of the multi-billion-dollar U.S. spirits market, the company is investigating new opportunities in the booming global bourbon market. U.S. bourbon distilling is currently in the midst of its largest expansion since the end of Prohibition. Bourbon is the hottest trending category in spirits sales worldwide, with young consumers, especially, gravitating toward the cocktail-friendly beverage. In fact, the aged spirit’s rising popularity has raised the specter of a global bourbon shortage. ASCC may soon be leading the charge to ensure that doesn’t happen. The company…

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