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FridayMay 03, 2013 2:12 pm

U.S. Unemployment Rate: A Positive Surprise

U.S. employment figures for the month of April surprised most investors. Employers nationwide added a better-than-expected 165,000 people to their payrolls last month. The Labor Department also reported that the national unemployment rate edged down from 7.6% to 7.5% in April, the lowest rate since December 2008. In addition, payroll gains for the months of February and March were revised upward by a total of 114,000 jobs. Monthly job growth so far in 2013 has averaged 196,000 jobs versus 183,000 jobs for all of 2012. This has eased concerns among economists and in the financial markets that the U.S. economy…

FridayMay 03, 2013 10:33 am

GeoGlobal Resources, Inc. (GGLR) Commences Trading on OTC Market

Publicly traded oil and gas company GeoGlobal Resources announced that its common stock began trading on the over-the-counter market at the opening of trading today, May 3, 2013, under the trading symbol “GGLR.” GeoGlobal’s common stock will cease trading on the New York Stock Exchange at the close of today’s market and will be hereafter quoted through the facilities of the OTC Markets Group. The company has additionally announced the appointment of new directors. Composing more than 51% of the company’s outstanding stock, the Israel Land Development Company-Energy and Mr. Jean Paul Roy have appointed new directors to succeed David…

FridayMay 03, 2013 9:10 am

Medifirst Solutions, Inc. (MFST) to Exclusively Distribute Patent-Pending Botanical LED Light Therapy System

Medifirst Solutions, a company focused on the distribution of innovative medical and healthcare products and technologies, has signed an agreement with Panacea Photonics Corp. in which Medifirst will exclusively market and distribute a new Botanical LED Light Therapy System including unique skin care and pain relief products. Per the agreement, Medifirst Solutions will distribute the new patent-pending light system in New York and New Jersey under the new banner, Medi-First Light Therapy Systems. This territory provides Medifirst with extensive reach within the healthcare and wellness lifestyle community. "We are very excited to offer these amazing products to the vast number…

FridayMay 03, 2013 9:08 am

InVivo Therapeutics Holdings Corp. (NVIV) Named 2013 "Best Place To Work" by BBJ

InVivo Therapeutics Holdings announced that the company has been named one of the Best Places to Work in Massachusetts by The Boston Business Journal, as part of the magazine's yearly awards. InVivo was one of 400 companies considered for the award, the result of employee surveys taken in March and April of this year. Founded in 2005, InVivo is a Cambridge, MA-based company focused on developing technology using polymers to assist patients who are paralyzed from spinal cord injury. InVivo was founded by Robert S. Langer, ScD. Professor at Massachusetts Institute of Technology, and Joseph P. Vacanti, M.D., who is…

FridayMay 03, 2013 9:06 am

Real Goods Solar, Inc. (RSOL) Subsidiary Raises Its Total of Stop & Shop Installations

Nationwide leader of turnkey solar energy solutions, RGS Energy, the commercial and utility division of Real Goods Solar, has announced the completion of the scheduled installation of solar power systems for four grocery stores that reside in the New York area. With the addition of these installations it will bring the total number of Stop & Shop stores with RGS Energy installed solar power systems to a total of 32 overall in the Northeast. Kam Mofid, CEO of Real Goods Solar, stated, "Stop & Shop's commitment to renewable energy and sustainability goals have made it one of the greenest grocery…

ThursdayMay 02, 2013 4:40 pm

Low Carbon Technologies International, Inc. (LWCTF) to Release 6-Month YTD Financials Next Week or Sooner

Shortly before the closing bell today, Low Carbon Technologies International announced that it will be reporting year-to-date financials on or before May 7th, 2013. Expectations from investors are high as last month the company reported YTD revenues have already exceeded entire revenues from fiscal 2012. Low Carbon Technologies International, a U.S. based diversified clean-tech holding company, is focused on the clean-tech, construction, energy, environmental, mining, and real estate sectors. The company has acquired 20 clean-tech technologies focused on the following segments: biofuels & chemicals, biomass, energy efficiency, energy storage, environmental mitigation bank, green building, LED lighting, solar, solar desalination, transportation,…

ThursdayMay 02, 2013 3:46 pm

FalconStor Software, Inc. (FALC) Automated Disaster Recovery Solution Receives Long Island Software Award from LISTnet

FalconStor®, a leading disk-based protection company focused on next-gen, continuous data shielding and a service-oriented approach to recovery/replication, reported today their automated disaster recovery platform, RecoverTrac™, was granted the 2013 Long Island Software Award last night at a ceremony in Garden City put on by LISTnet (Long Island Software & Technology Network), an established promoter of the software and technology community in Long Island. This prestigious award is widely viewed within the Long Island tech community as a hallmark of local excellence in software innovation, and the superb extensions to the FalconStor Network Storage Server and FalconStor Continuous Data Protector…

ThursdayMay 02, 2013 3:39 pm

VIASPACE, Inc. (VSPC) Touts Wide Range of Green Energy Applications for Proprietary Giant King Grass

When you’re talking grass, the last thing that comes to mind is energy. But for VIASPACE, grass is big business, quite literally, in the energy industry. VIASPACE markets proprietary Giant King™ Grass, appropriately named as it easily grows in 16 feet tall stalks. This is a high-yield renewable energy crop that can serve as an alternative to coal and fossil fuels such as gasoline and diesel. The grass is natural, not genetically modified in any way. Giant King Grass is recognized as the highest yielding biomass crop on the planet. Its list of applications for bioenergy projects is equally as…

ThursdayMay 02, 2013 1:20 pm

VistaGen Therapeutics, Inc. (VSTA) Positioned to Benefit from Multiple Monetization Options

Stem cell technology has traditionally been associated with therapeutic regeneration, using these basic building blocks of life to generate new cells that can replace damaged cells. Potential therapeutic applications run the gamut from the replacement of damaged nerve cells to the generation of new heart or liver tissue. However, VistaGen Therapeutics, which is in fact involved in researching and developing therapeutic applications, is best known for a totally different but no less important application of stem cell technology. Stem cells, in addition to therapeutic applications, can allow scientists to generate mature human cells right in the laboratory; cells that can…

ThursdayMay 02, 2013 10:31 am

Guided Therapeutics, Inc. (GTHP) Trial Results to be Featured in Upcoming Issue of Gynecologic Oncology

Guided Therapeutics, a company developing an early detection testing platform based on its patented biophotonic technology, points to the publication of the clinical trial results of its LuViva® Advanced Cervical Scan in an upcoming issue of Gynecologic Oncology, the official publication of the Society of Gynecologic Oncology. The publication, authored by 10 doctors who conducted the trial, is entitled, "Multimodal hyperspectroscopy as a triage test for cervical neoplasia: Pivotal clinical trial results," demonstrating that LuViva detected 36.4 percent more cervical intraepithelial neoplasia (CIN2+) than tests used under current guidelines – creating the potential to significantly reduce unnecessary referrals of women…

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