Blog - Page 3111 of 5448

WednesdayOct 05, 2011 10:49 am

Strategic American Oil Corp. (SGCA) Recent Acquisition Positions Company for Substantial Growth

Strategic American Oil Corp. recently announced that it entered an agreement to acquire SPE Navigation I, LLC ("SPE"), which owns certain oil and gas working interests equal to one third the working interests owned by Strategic American Oil in four producing oil and gas fields located in Galveston Bay, Texas, in addition to one million shares of Hyperdynamics Corp. (NYSE: HDY). SPE was owned by various members of the CEO’s family who founded and developed Hyperdynamics Corp., which saw its price per share rise from $0.22 (April 2009) to $7.78 (January 2011) in less than two years. In exchange for…

WednesdayOct 05, 2011 9:49 am

Raystream Inc. (RAYS) Announces Change to Name and Trading Symbol

On Tuesday, Raystream Inc., formerly known as Interdom Corp., announced that they changed their name and trading symbol to reflect the Company's new focus on providing HD online video services to other businesses. Raystream recently acquired Raystream Gmbh. They are a German company that developed a proprietary video-compression technology that can reduce the bandwidth required to stream HD video online by up to 70 percent. Recently, Raystream filed their quarterly report for the quarter ended July 31, 2011 with the Securities and Exchange Commission (SEC). They reported total assets of $1,975,183, which included total cash of $1,969,350. A recent third…

WednesdayOct 05, 2011 8:31 am

Eternal Energy Corp. (EERG) Updates Operations at Spyglass Project

Eternal Energy Corp. issued an operations update on the company’s activities in the Western United States, where it is working with several partners on a number of oil and gas wells. Eternal Energy is targeting the Bakken and Three Forks formations at the Spyglass Project, which is located in Divide County, North Dakota. During the third quarter of 2011, the company was involved on a non-operated basis with eight oil and gas wells. Three of the non-operated wells were completed during the quarter, and Eternal Energy Corp. reported that the initial production rate for these wells during the first two…

TuesdayOct 04, 2011 4:43 pm

TiVUS, Inc. (TIVU) Goes Remote

When TiVUS recently announced that it was beginning to target remote high-end resort properties with the TiVUS HD IPTV entertainment/WiFi platform, the company was acknowledging a long-standing gap that has existed in resort amenities. Even the most deluxe resort accommodations often lack an integrated world-class entertainment and Internet solution simply because of their remote location. As an increasing number of travelers seek more distant and exotic locales, they bring with them a demand for flexible communications and content-rich entertainment. The TiVUS solution does the job in a single package, with the added potential of revenue sharing income from highly-valued focused…

TuesdayOct 04, 2011 2:52 pm

BeaconEquity.com: Biotech Stock Cheap Trade; Acura Pharmaceuticals (ACUR)

Shares of Acura Pharmaceuticals Inc., a specialty pharmaceutical company, continues to rally. Yesterday, the stock finished the day 7.94% higher at $3.67, with volume up from a daily average of 72,499 to 213,191, contributing to 25.26% gains in three trading sessions. So far today, the stock is up 3.00% on 71,764 volume. Acura shares were sent soaring after the company announced that it has been granted a U.S. patent for its abuse deterrent drug formulations. The company said that last week that the U.S. Patent and Trademark Office granted it U.S. Patent No. 7,981,439. The patent, titled Methods and compositions…

TuesdayOct 04, 2011 2:48 pm

BeaconEquity.com: Somaxon (SOMX) Shares Spike on FDA Feedback

Shares of Somaxon Pharmaceuticals Inc., a specialty pharmaceutical company, opened sharply higher in today’s trading after the company announced FDA feedback on the over-the-counter (OTC) development program for Silenor®. At last check, Somaxon shares were trading 13.75% higher at $0.91. Somaxon said that in a recent meeting with the FDA, which was also attended by Silenor partner Procter & Gamble (NYSE: PG), the agency provided clinical and regulatory guidance that offers a clear path toward an OTC version of Silenor. The company believes that the FDA’s feedback offers a chance to develop an OTC label that is tailored to Silenor’s…

TuesdayOct 04, 2011 1:38 pm

SciClone Pharmaceuticals, Inc. (SCLN) Announces Repurchase Program and Reaffirms Previously Released 2011 Financial Guidance

SciClone Pharmaceuticals, Inc., a company that engages in the development and commercialization of novel therapeutics for the treatment of oncology, infectious diseases, cardiovascular, urological, respiratory, and central nervous system disorders, announced that its Board of Directors has given approval to a program that allows the company to repurchase up to $20 million of its common stock over the next 24 month period. Also, SciClone has reaffirmed its previously released 2011 financial guidance with the understanding that any cash utilized to repurchase may decrease the year-end cash balance and that a reduction in shares outstanding may increase full year and fourth…

TuesdayOct 04, 2011 1:34 pm

PLC Systems (PLCSF) Extends EU Market Reach through Strategic Distribution Agreement

PLC Systems Inc., an innovative medical device technologies company, today announced it has inked an agreement with ACIST Medical Systems Inc., a leading developer of innovative and advanced contrast imaging systems for the cardiology and radiology fields, in which ACIST will distribute PLC’s innovative RenalGuard System™ in the EU. Per the agreement, ACIST will exclusively distribute RenalGuard in France and Germany, significantly expanding PLC’s distribution throughout Europe, where the company has received the CE mark for RenalGuard. "Today's news is a critical catalyst to enable PLC to expand the use of RenalGuard in the largest countries in Europe," Mark R.…

TuesdayOct 04, 2011 12:05 pm

IsoRay, Inc. (ISR) Featured by TinyGems

IsoRay, Inc. is utilizing its patented radioisotope technology, experienced chemists and engineers, and management team to create a medical device company focused on providing improved patient outcomes in the treatment of prostate cancer, lung cancer, ocular melanoma cancer, brain cancer, colorectal cancer, gynecological cancer, and other cancers throughout the body. Through its subsidiary, IsoRay Medical, the Company is the sole producer of FDA-cleared Cesium-131 brachytherapy seeds. IsoRay began production and sales of Cesium-131 brachytherapy seeds in October 2004. The Company is leveraging its technology to capture a leadership position in an expanded brachytherapy market. The more clinically beneficial characteristics of…

TuesdayOct 04, 2011 11:46 am

Small Cap Voice: Standard & Poor’s Initiates Factual Stock Report Coverage on Stronghold Metals, Inc. (SDMTF)

Stronghold Metals Inc., in the exploration stage as of May 31, 2011, engages in the acquisition, exploration and development of mineral properties, primarily in South America. The company’s two main projects are the Eagle Mountain Gold Project in Guyana and the Tucuma Project in Brazil. In August 2011, Stronghold entered into a letter of intent to sell the Tucuma Project to Kensington Court Ventures Inc. The Eagle Mountain Project comprises an area of approximately 5,050 hectares (12,480 acres) in central Guyana, 200 kilometers southwest of the capital, Georgetown, and 45 kilometers from the historic Omai Gold Mine. In September 2010,…

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