WednesdayDec 28, 2011 12:26 pm

North Springs Resources Corp. (NSRS) Moves to Secure Working Interest in Premiere Arizona Gold Property

North Springs Resources Corp., already well-positioned in high-grade bulk tonnage gold via their Nevada-based, North Springs Gold Property (situated in the same trend as the Mineral Ridge deposits containing a current resource of some 500k oz Au), recently reported signing a letter of intent with DNP Mining LLP to acquire a 20% working interest in one of Arizona’s gold properties for $500k. President of NSRS, Harry Lappa, spoke very favorably of this acquisition in the Goldstar/One Armed Joe Project, a 180-acre (9 claim block) stretch of some 900 feet of quartz veins (600 Goldstar, 300 One Arm) just outside the…

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WednesdayDec 28, 2011 10:50 am

FieldPoint Petroleum Corp. (FPP) Updates Oil and Gas Activity in New Mexico

FieldPoint Petroleum Corp. issued an operations update on the company’s recent oil and gas activity in the United States. FieldPoint Petroleum is active in the western United States and recently put the East Lusk Federal 15 #1 well into production in Lea County, New Mexico. The company reported that the well produced 578 barrels of oil during a twenty four hour period, up significantly since first reported production of 446 barrels of oil per day. FieldPoint Petroleum said that the East Lusk Federal 15 #1 well is producing 804,000 cubic feet of natural gas per day. The company is not…

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WednesdayDec 28, 2011 10:46 am

American Apparel (APP) Increases Presence in UK with New Store in London

American Apparel, a Los Angeles based vertically integrated manufacturer, distributor and retailer of branded fashion basic apparel, today announced that it has opened its 18th location in the UK at the Westfield London. The mall attracts nearly 30 million people each year. In the new Westfield London location, American Apparel will sell both women's wear and unisex styles ranging from basics and staple garments to more high end fashion pieces and seasonal outerwear. This new store is only one piece in an expansion effort in the UK and Europe. "Westfield London is one of the largest shopping centers in all…

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WednesdayDec 28, 2011 10:42 am

Quantum Fuel Systems Technologies Worldwide (QTWW) Enters Strategic Relationship with Major Wind Turbine Manufacture to Finance and Develop Wind Farms Globally

Quantum Fuel Systems Technologies Worldwide, Inc., a fully integrated alternative energy company, in conjunction with their wholly-owned subsidiary Schneider Power, Inc., one of Canada's premier renewable energy companies, recently announced a new strategic agreement between Schneider's wholly-owned subsidiary, Trout Creek Wind Power, and a major global wind turbine manufacturer for the financing and development of wind farms in North America. Terms of the deal include that the manufacture will provide a maximum of CDN $24 Million dollars for financing the construction of the generation facility. The Company will utilize the manufacturer’s wind turbines at the 10 MW Trout Creek Wind…

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WednesdayDec 28, 2011 9:53 am

Beacon Enterprise Solutions Group, Inc. (BEAC) Reaps the Rewards of Smart Decisions

The recent conference call from Beacon Enterprise Solutions summarized substantial increases in sales, reduced operating expenses, an improved cash position, and income from operations that was positive for the first time in the company’s history. Most impressively, the results can be traced directly back to operational and strategic decisions that were carefully conceived and implemented over the past 1-2 years. The call, hosted by Chairman and CEO Bruce Widener, along with President and COO Jerry Bowman, and VP Corporate Controller and Treasurer Scott Fitzpatrick, provided an overview of Beacon’s fiscal year and fourth quarter, ending September 30, 2011. Net sales…

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TuesdayDec 27, 2011 5:53 pm

Kranem Corp. (KRAN) Announces Acquisition of Adora ICT Srl.

Earlier today, Kranem Corp. announced that it acquired privately-held Adora ICT Srl., a company that specializes in the evaluation of data and systems security risks and recommendation of appropriate solutions. In addition to providing a strong technical staff and solid customer list, Adora will provide Kranem with an important presence in the Italian data security and analysis market. Last year, Adora reported net revenue of over $4.0 million and was profitable. Mr. Ajay Batheja, Kranem's CEO, commented, "We believe this acquisition will provide a strong opportunity to introduce Kranem's homeland security products to the European law enforcement.” Kranem Corp. is…

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TuesdayDec 27, 2011 4:39 pm

Delcath Systems, Inc. (DCTH) Achieves Key Milestone with J.W. Goethe Hospital Partnership

Delcath Systems Inc., a development stage specialty pharmaceutical and medical device company focused on oncology, has entered into an initial launch and training agreement with Johann Wolfgang Goethe University Hospital (J.W. Goethe), representing a significant step in Delcath’s progress toward EU market expansion. J.W. Goethe is a premier European cancer treatment and research center located in Frankfurt, Germany. Per the agreement, Delcath will provide J.W. Goethe with logistics and clinical training support for the Delcath Hepatic CHEMOSAT® delivery system. "Our team is excited to bring use of the CHEMOSAT system to Germany. Clinical research suggests that chemosaturation therapy using the…

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TuesdayDec 27, 2011 4:38 pm

Capstone Turbine Corp. (CPST) Receives Purchase Order from Large Nigerian Pharmaceutical Company

Capstone Turbine Corp., a leading producer of low-emission microturbine systems, today announced it has received an order for a C1000 and C200 for use at a large World Health Organization (WHO) certified Nigerian pharmaceutical company. The pharmaceutical company will use Capstone’s microturbine systems to provide power and thermal energy for the manufacturing process. It will also improve plant efficiency while reducing its carbon footprint. The order follows a recent meeting with a delegation of the Nigerian government and business leaders led by the U.S. Ambassador to Nigeria, in which discussions centered on how expanding the number of Capstone microturbines in…

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TuesdayDec 27, 2011 1:51 pm

Strategic American Oil Corp. (SGCA) Positioned for Solid 2012 with Further Gains

Last week, Strategic American Oil, a growth oriented oil and gas production and exploration company, announced its fiscal first quarter financial and operational results, reflecting significant gains in both areas. • Revenue for the quarter was up 1,400% over the same quarter last year, to $1.56 million. • Assets grew in the first quarter by $7.86 million, without adding any debt. • Cash used in operations was reduced from $250,000 in the previous quarter to $83,710. • The net loss of $4.2 million included non-cash acquisition charges of $4.37 million. • Average reported production for the quarter was 290 gross…

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