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WednesdayJan 09, 2013 2:43 pm

Richfield Oil & Gas Company (ROIL) Expands Production Footprint with Key 640-Acre Acquisition in Moxa Arch Region of Southwestern Wyoming

Richfield Oil & Gas, the Salt Lake City-headquartered oil and gas developer focused on production and further drilling to Arbukle targets on their Central Kansas Uplift assets, as well as their highly prospective leaseholds in Utah (Sanpete-Sevier Overthrust, Central Utah Overthrust, and Mancos Shale), reported expansion of their hydrocarbon footprint today with the acquisition of a producing well on 640 acres in Uinta County, Wyoming (about 120 miles northeast of Salt Lake City just across the Utah-Wyoming border). The acquisition (effective Dec 1, 2012), of the Wasatch National Forest Well #16-15 from the previous holder, Frontier Energy, LLC, represents a…

WednesdayJan 09, 2013 2:42 pm

Ongoing Operations Orders Second IceWEB, Inc. (IWEB) Unified Data Storage System

IceWEB has received a purchase order from Ongoing Operations for an additional high-performance IceWEB 7000, the company’s highly redundant and scalable unified data storage system. This order represents the cloud storage provider’s second IceWEB 7000 purchase. “For IceWEB to be ‘the choice’ of such a highly respected company like Ongoing Operations is very encouraging. Winning this business after being put through an arduous bidding and selection process against the rest of the field is particularly important for us,” Rob Howe, CEO of IceWEB, stated in the press release. “I want to reiterate, this is a repeat sale of hardware, software…

WednesdayJan 09, 2013 2:42 pm

Bergamo Acquisition Corp. (BGMO) Enters Investment Agreement with National Wealth International

After today’s closing bell, Bergamo Acquisition, a global investment holding company, announced that it has signed an investment agreement with National Wealth International Ltd., a privately held investment company. Bergamo Acquisition’s wholly owned European subsidiary has been provided with cashed-backed securities consisting of three separate tranches of US $500 Million issued through HSBC Bank, one of the world’s largest banking and financial services organizations. These funds from National Wealth International will remain on deposit in accounts held by Bergamo Acquisition’s European subsidiary. According to today’s press release, all profits spawned from the use of the funds will be deposited in…

WednesdayJan 09, 2013 11:11 am

Loans4Less.com, Inc. (LFLS) Reports Preliminary 2012 Financial Results

Earlier this morning, Loans4Less.com provided certain preliminary financial results for the year ended December 31, 2012. Revenues for the year are expected to increase by approximately 61% compared to the prior year. Annual Net Ordinary Income is 41% greater compared to 2011. An improvement of $58K in the balance sheet is also anticipated with $98K in revolving debt paid off from free cash flow. According to today’s press release, the complete 2012 annual report and financial results will be posted in due course. E&OE. Loans4Less.com projects the mortgage origination market will stay very active this year even though lender underwriting…

WednesdayJan 09, 2013 11:10 am

New Energy Technologies, Inc. (NENE) Video Chart for Wednesday, January 9, 2013

NENE has made a solid move off bottom support at 75 cents with two large moves followed by pullbacks making higher lows. Volume has picked up the past two days as the chart is facing a key resistance level near $1.30. The next resistance ahead is at the 200-day simple moving average. To view the video chart, visit the following link: http://www.qualitystocks.net/videocharts Let us hear your thoughts below:

WednesdayJan 09, 2013 11:10 am

VIASPACE, Inc. (VSPC) Offers Energy Solution to Address Global Warming Crisis

A recent Reuters report indicates that West Antarctica is warming at a rate nearly twice as fast as previously thought, almost 3 times the global average. The warming is of special concern since West Antarctica has enormous ice sheet glaciers, which an ice shelf collapse could release, speeding their flow to the ocean and contributing to significant sea level rise. If West Antarctica were to melt entirely, sea level could rise by 11 feet. It comes on top of news that 2012 could end up being the hottest year in U.S. history, a year where the month of July set…

WednesdayJan 09, 2013 7:18 am

Amtech Systems, Inc. (ASYS) Announces Subsidiary Recipient of Cleantech Award

Amtech Systems announced that the company’s subsidiary, Tempress Systems BV was awarded with the WNF Cleantech Star 2012, an award sponsored by the World Wide Fund for Nature The Netherlands in Rotterdam. Tempress was awarded the Cleantech award by Ab van der Touw, chairman of the jury and CEO of Siemens in the Netherlands. Amtech is focused on producing components used in solar cells, LEDs, and semiconductor devices, such as silicon wafer handling automation, thermal processing equipment, and other consumables. Amtech’s wafer handling, thermal processing, and consumable products currently address the diffusion, oxidation, and deposition steps used in the fabrication…

WednesdayJan 09, 2013 7:18 am

Jean H. Sewell Joins Shore Bank (HMPR) as Senior Vice President – Director of Marketing

Yesterday, the Bank of Hamption Roads’ (“BHR”) holding company, Hampton Roads Bankshares, Inc. (Nasdaq: HMPR), announced that Jean H. Sewell has joined its Shore Bank entity as Senior Vice President – Director of Marketing. Ms. Sewell will report to Shore Bank’s president and CEO, W. Thomas Mears. Sewell will also oversee Treasury Management Services, which includes sweep accounts, remote deposit, and capture and lockbox services, for both Shore Bank and BHR. Prior to joining Shore Bank, Sewell was the CFO and Executive Vice President at The National Bank of Cambridge in Cambridge, MD. From 2007 to 2010, she was the…

WednesdayJan 09, 2013 7:17 am

BIOLASE, Inc. (BIOL) Sells Last of WaterLase MD Turbo Laser Systems Repurchased from Schein

Leading global dental laser manufacturer and distributor BIOLASE announced that it has sold the last of 159 WaterLase MD Turbo laser systems the company repurchased from Henry Schein earlier this year. BIOLASE originally intended to use a portion of the purchased Schein inventory for parts to service its large installed base of MD Turbo laser systems. Due to high demand for the equipment, however, the company ultimately elected to sell all of the repurchased laser systems. Under a February 2012 agreement, BIOLASE repurchased the units from Schein at a very advantageous price, selling them throughout the last three quarters at…

TuesdayJan 08, 2013 2:23 pm

ZBB Energy Corp. (ZBB) Secures Order for Grid Independent ZBB EnerSystem with University of Technology Sydney

ZBB Energy, the developer of cutting-edge electrical power management platform architectures that fit the growing global need for distributed renewable energy, energy efficiency, power quality, and ultimately grid modernization, reported today that the company has landed an order for one of their Grid Independent ZBB EnerSystems™ (with ZBB EnerStore™ Zinc Bromide flow batteries), that is destined for a Microgrid Energy Management System at the University of Technology, Sydney (UTS). The ZBB microgrid solution will not only serve as a permanent power source in the Broadway Building on the UTS campus, but also as a demo installation and learning tool. In…

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