Blog - Page 2737 of 5608

WednesdayMay 21, 2014 9:38 am

Armco Metals Holdings, Inc. (AMCO) Receives $15 Million Credit Approval from Chinese Commercial Bank

Today before the opening bell, Armco Metals Holdings announced its reception of a $15 million (RMB 96 million) credit facility from a Chinese commercial bank. According to Armco Metal Holdings’ credit approval letter, $7.5 million can be used for general purposes such as Import Letters of Credit and Import Bill Advances. The remaining $7.5 million is allowed to be used for special business purposes such as secured business loans. The credit facility took effect on May 16, 2014 and is in effect for a 12-month period. It replaces the previous credit facility of $12.7 million (RMB 78 million) that Armco…

WednesdayMay 21, 2014 9:24 am

Zenosense, Inc. (ZENO) Provides Update on Staph Infection Detection Device’s Development

Today before the opening bell, Zenosense shared an update regarding its device for the detection of the Methicillin-resistant Staphylococcus aureus (MRSA) “Super-Bug”, which is also known as staph infection. Since the company signed the development agreement with its partner and a leading European sensor detector, the Sgenia Group, six months ago, notable progress has been made. Since the device’s development commenced in December 2013, a number of things have been completed: • A technical review of volatile organic compounds produced by MSSA (Methicillin-susceptible S.aureus) and MRSA in vitro or exhaled breath has been undertaken. Several compounds, including compounds that could…

WednesdayMay 21, 2014 8:21 am

Global Oil Boom Boosts Barite Value, Demand; Mabwe Minerals Inc. (MBMI) is Ready

Mabwe Minerals, a Raptor Resource Holdings (OTCQB: RRHI) subsidiary, along with its affiliate owns 100% of the mineral and metal rights to the Dodge Mine in Zimbabwe, where the company’s primary focus is on the project’s extensive barite deposit. While barite has a variety of applications in the automotive, consumer goods and medical markets, the mineral is primarily used as a weighting agent for the oil and gas industry. This market segment provides a high-potential end market for Mabwe Minerals as vertical drilling technologies unlock greater drilling opportunities worldwide. Oil and gas is unarguably an industry of consistent growth, which…

TuesdayMay 20, 2014 3:53 pm

VistaGen Therapeutics, Inc. (VSTA) Human Pluripotent Stem Cell-Based Bioassay Technology Stands to Revolutionize $51B+ Drug R&D Space

VistaGen Therapeutics stands at the forefront of the biotech industry today with their human pluripotent stem cell (hPSC) differentiation capabilities, which allow the company to produce a wide variety of functional adult human cells that can be used to benchmark complex disease behaviors and drug interactions. The company's current emphasis is on the highly-lucrative drug rescue space (using small molecule drug candidates), where a vast stockpile of once-promising (yet discontinued) drugs exists, which are soon to be joined by yet more discontinued New Molecular Entities (NMEs) rejected by the FDA. Helping companies offset massive R&D outlays that fail to come…

TuesdayMay 20, 2014 3:41 pm

P2 Solar, Inc. (PTOS) Steered by Savvy Leadership Team

Alternative energy developer P2 Solar is focused on the development of solar photovoltaic (PV) power and small-hydro projects. For its solar PV initiatives, it is targeting areas where abundant sunlight is present, renewable energy policies are favorable, public and private sectors are striving for implementation of solar PV measures into their energy consumption, and governments offer attractive incentive programs for solar PV projects. On its portfolio of small-hydro projects, P2 Solar is aggressively working to develop 150MWp of electricity-generating capacity in several phases over the next few years. As it looks for opportunities to expand its portfolio, P2 Solar is…

TuesdayMay 20, 2014 3:21 pm

Ecrypt Technologies, Inc. (ECRY) Identifies Key Factors, Offers Powerful Solution to Increasing Cybersecurity Threats

Nearly every aspect of American society is interdependent with the Internet and its endless global network. Our dependence on this interconnectivity for communication, commerce and business creates countless cyber vulnerabilities to individuals, consumers, businesses and even government organizations. According to a U.S. Government Accountability Office report, over the last six years the number of cybersecurity incidents reported by federal agencies alone has increased nearly 680%. In the corporate world, data breaches and subsequent fines and litigation on average cost a U.S. business $534 million every year, according to the Ponemon Institute. Ecrypt Technologies has formed the core of its operations…

TuesdayMay 20, 2014 2:02 pm

Global Payout, Inc. (GOHE) Launches New Payroll Card through European Subsidiary

Today Global Payout announced the launch of a new payroll card program through its European subsidiary, Global Funding Ltd. The new payroll card, a prepaid Mastercard® with “chip and pin” technology branded as “the Premier”, is the newest addition to Global Funding’s “chip and pin” program. Global Funding is currently rolling out an aggressive chip and pin program in Europe. The card will be extended to European registered companies as a payroll option for their employees and independent contractors as a payment reception option. It offers secure transactions and is widely accepted online as well as in stores, restaurants, and…

TuesdayMay 20, 2014 9:17 am

Consorteum Holdings, Inc. (CSRH) Subsidiary Completes Development Work on New Mobile App for Live Keno

International transaction management and mobile publishing company Consorteum Holdings announced today that its subsidiary, ThreeFiftyNine, Inc., along with XpertX, Inc. have completed the development work on a new mobile results app for live Keno. With the concept now validated this new app is designed for delivering a best-in-class mobile Keno solution to any mobile device regardless of what operating system it resides on. "We are very excited to join forces with XpertX, a recognized leader and innovator in Keno gaming since 1987. We believe the ability to deliver real time gaming results to Keno players will be extremely well received…

TuesdayMay 20, 2014 9:10 am

Terme Bancorp (TMEB) CEO Letter Highlights Growing Opportunities in Underbanked Consumer Population

Terme Bancorp, a holding company engaged in money services and consumer behavior initiatives via four subsidiaries, this morning issued a corporate update letter from its CEO, John G. Yedinak. To shareholders and the investment community: Since Terme has recently become current with its financial reporting and increased its share capitalization to facilitate growth, this is an optimal time to update current and potential shareholders on our business operations and vision for the future. Terme Bancorp's primary mission is to provide economic inclusion for a large segment of the population that is underserved or rejected by banks and other financial institutions…

MondayMay 19, 2014 4:22 pm

Neuromama Ltd. (NERO) Differentiates by Delivering a Higher Level of Search Engine Result Relevance

Neuromama is the parent company of numerous business units scheduled to launch in a complementary and simultaneous timeframe later this year. These units cover as an online search engine to traditional brick-and-mortar retail stores using Neuromama’s line-up of branded products. Currently, the company’s plan is to generate revenue through advertising sales for www.neuromama.com, a search engine that leverages artificial intelligence to deliver search results of precise relevance to cross-sell with the Neuromama platform. With operations in Rosarito, Mexico, Neuromama will use cable and traditional TV networks in Mexico and Latin America to advertise its search engine. In the first half…

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