Blog - Page 3058 of 5585

WednesdayAug 08, 2012 10:38 am

Duma Energy Corporation (DUMA) Gains Working Interest In Major Namibia Concession through Acquisition of NEI

Duma Energy, an aggressive growth company actively producing oil and gas in the U.S., both on and offshore, announced today that it has entered into an agreement to acquire Namibia Exploration, Inc., (NEI), making NEI a wholly-owned subsidiary of Duma. Namibia Exploration is organized under the laws of Nevada, with administrative operations in Texas. NEI holds the rights to a 39% working interest in an onshore Namibian petroleum concession totaling approximately 5.3 million acres of the Owambo Basin in Namibia on the southwest coast of Africa. According to Duma CEO, Jeremy Driver: "The Owambo Basin in Namibia, where our concession…

WednesdayAug 08, 2012 9:48 am

UQM PowerPhase Pro® 100 Electric Drive System Installed in 100 London Taxicabs during 2012 Olympic Games

UQM Technologies, Inc. (UQM) has given a great number of athletes and dignitaries the opportunity to experience the smoothness and efficiency of their UQM PowerPhase Pro® electric drive system by equipping 100 London taxicabs with the cutting-edge system during the 2012 Olympic Games in London, England. "The demand for alternative propulsion technologies continues to expand globally," said Eric Ridenour, UQM Technologies' President and Chief Executive Officer. "We are excited that our PowerPhase Pro 100 electric drive system was selected to power a fleet of iconic London taxicabs during the London 2012 Summer Olympics. The rigorous performance requirements of these taxicabs…

WednesdayAug 08, 2012 9:39 am

GlobalWise Investments, Inc. (GWIV) Helps the Highway Patrol

The Ohio State Highway Patrol (OSHP) is an internationally accredited agency dedicated to professional law enforcement services for the entire state of Ohio, covering roughly 11 million people and 44 thousand square miles. The agency’s Central Records Division is responsible for maintaining records and reports for all incidents involving Ohio state highways, a massive responsibility. Their growing challenge involved, for example, the creation of public access and high-speed retrieval of over 86,000 crash reports every year. The solution was the implementation of a public web access crash report system created jointly by OSHP and Intellinetics, now a wholly-owned subsidiary of…

WednesdayAug 08, 2012 9:20 am

TNI BioTech, Inc. (TNIB) Signs Letter to Open and Operate Clinics in Africa

TNI BioTech, Inc. has announced the signing of a letter-of-intent agreement to open and operate clinics in the Republic of Malawi, Africa, for oncology and the treatment of HIV/AIDS and other infectious diseases. The agreement falls under a joint venture agreement that the company has with GB Oncology and Imaging Group LTD (GBOIG). There is a critical need in Malawi for HIV/AIDS and cancer treatment, with U.S. officials estimating the HIV infection rate as being approximately 10%. The UN estimates that nearly 23 million people in sub-Saharan Africa are HIV positive. 70% of new HIV infections worldwide are in sub-Saharan…

TuesdayAug 07, 2012 3:31 pm

Fireman’s Contractors (FRCN) Highlights Launch of First Franchise

Fireman's Contractors, Inc., a commercial contractor for the pavement maintenance and parking lot maintenance industry, today announced the launch of its first Firemans Contractors’ franchise, “Station 1,” in the Dallas-Fort Worth Metroplex. The station began operations July 1, followed by a ribbon cutting ceremony July 14. "It's an exciting time for our company as we are having tremendous interest shown by new potential franchisees. Launching of our first franchise has bred excitement and helped expose our franchise opportunity to other quality individuals and entrepreneurs. Mr. Fred Hermosillo, who has almost 20 years of experience in the pavement industry, seized the…

MondayAug 06, 2012 5:02 pm

CytoSorbents (CTSO) Awarded $3.8M Contract to Develop Sepsis Treatment Program

Company looks to advance polymer technologies as it meets key milestones set by Department of Defense’s Defense Advanced Research Projects Agency (DARPA) program. CytoSorbents Corp., a company using blood purification technology to treat life-threatening illnesses, today announced that it has received from DARPA a technology development contract worth up to $3.8 million as part of its Dialysis-Like Therapeutics (DLT) program to treat sepsis, an often fatal condition caused by microorganisms or toxins in the tissue or bloodstream. DARPA, an agency of the U.S. Department of Defense, is funding CytoSorbents’ development of a portable, artificially intelligent blood purification system capable of…

MondayAug 06, 2012 5:00 pm

Chimera Energy Corp. (CHMR) Purchase Order for Key Component of Revolutionary New Non-Pollutive Fracking Alternative Announced

Chimera Energy has a rapidly growing portfolio of energy technology products focused on profiting from the current domestic shale oil boom, like their high quality polycrystalline diamond cutters (largely used in oilfield/geological drill bit manufacturing) and their revolutionary new, all-weather, non-pollutive fracking alternative, for which the company executed a purchase order today with America West Drilling Supply, covering a key component known as the casing perforator. This non-hydraulic extraction method developed by the company in China can handle extraction in areas too cold for fracking (due to the required water freezing), yet retains a comparable 65% production increase (if not…

MondayAug 06, 2012 1:45 pm

Insmed Incorporated (INSM) Welcomes Al Altomari to Board of Directors

Today, Insmed Incorporated announced that Al Altomari has been elected to its Board of Directors, effective immediately. Including Mr. Altomari, Insmed's Board of Directors now consists of seven members. Donald j. Hayden, Insmed’s Executive Chairman, remarked, "Al brings to our Board nearly 30 years of valuable experience in the pharmaceutical industry, including more than 20 years focused on the development and marketing of specialty pharmaceutical products. We believe his expertise in these areas will be instrumental as we continue to execute on our development plan for ARIKACE®." Mr. Altomari added, "With top-line data for ARIKACE in the Company's lead orphan…

MondayAug 06, 2012 1:43 pm

Asia Entertainment & Resources (AERL) to Acquire Bao Li Gaming Promotion

Asia Entertainment & Resources Ltd. is a holding company which operates through its subsidiaries and related promotion companies as a VIP room gaming promoter, receiving revenues from such activities. The company's VIP room gaming promoters currently participate in the promotion of three major luxury VIP gaming facilities in Macao, the largest gaming market in the world. The three facilities are located at the Star World Hotel & Casino, the Galaxy Macau resort in Cotai and the Venetian Macao Resort Hotel, also in Cotai. The company announced today that it has entered into a non-binding memorandum of understanding to acquire Bao…

MondayAug 06, 2012 10:04 am

Cumulus Media Inc. (CMLS) Video Chart for Monday, August 6, 2012

The Cumulus Media chart made a solid move on Friday on a dramatic increase in volume. The chart is interesting because it has now climbed to an area of resistance while the indicators are leaning towards bullishness and signaling a potential overall reversal. From a broader perspective, the chart could possibly be in mid-stage for an inverted head and shoulders pattern. To view the video chart, visit the following link: http://www.qualitystocks.net/videocharts Let us hear your thoughts below:

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