Blog - Page 3149 of 5447

ThursdayAug 11, 2011 2:12 pm

Lone Star Gold Inc. (LSTG) Secures La Candelaria Gold and Silver Project, Estimated Potential Reserves over 10M oz Au, 215M oz Ag

Lone Star Gold, operating out of its base in Albuquerque, is an aggressive precious metals developer which announced a big move today, with the signing of a definitive JV option agreement with Metales HBG Sa. de C.v., whereby LSTG will acquire a 70% WI in the 1,976-acre La Candelaria gold-silver project property located in Chihuahua State, Mexico. This is a choice location in the prolific Sierra Madre Occidental (SMO) gold and silver belt, offering LSTG a highly accessible and stable channel via the strategic partnership with both Metales and the renown Bustillos-Gonzalez family, which has established quite a reputation in…

ThursdayAug 11, 2011 1:42 pm

Beacon Equity Research Featured Company: Enterologics, Inc. (ELGO)

Enterologics, Inc. was founded for the sole purpose of making probiotics available as new therapeutic alternatives for inadequately treated gastrointestinal diseases. The company operates as a virtual team of experts and partners with the best outside biologic production resources to keep development costs low and make time to market as fast as possible. Probiotics are living bacteria or yeast that have a positive effect on the health of the individual consuming them. Many probiotics have been identified among the bacteria and yeasts that are used to ferment and preserve foods. Interest in probiotics in general has been growing, with Americans'…

ThursdayAug 11, 2011 12:55 pm

Axion International Holdings, Inc. (AXIH) Signs Expansion Agreement with Coll Materials

Today, Axion International announced that it has signed an agreement with Coll Materials. This agreement would expand the manufacturing capacity at Coll's Waco, TX facility. Coll also has facilities in Zanesville, OH and Allentown, PA. Axion is a producer of green infrastructure and construction products, such as its RSC material, made from 100% recycled consumer and industrial plastics, which the company claims are a sustainable alternative to materials such as wood, steel and concrete. Coll's products include HDPE, PP, ABS, TPO and PET, as well as other types of engineered resins. Coll is committed to recycling and sustainability. Steve Silverman,…

ThursdayAug 11, 2011 11:11 am

Cord Blood America Inc. (CBAI) Posts First Half 2011 Results

Cord Blood America Inc. is the parent of CorCell, which facilitates umbilical cord blood stem cell preservation. Cord blood stem cells offer a potentially life-saving resource for treating a growing number of ailments including cancer, leukemia, blood and immune disorders. The company today announced its financial results for the first half of 2011. It reported revenues of $2.89 million for the first six months of 2011, up 61% compared to revenues of $1.79 million in the same period in 2010. Revenues for the second quarter ended June 30, 2011 totaled $1.43 million, up 50% compared to 2010's second quarter revenues…

ThursdayAug 11, 2011 10:33 am

Canadian Solar Inc. (CSIQ) to Supply Solar Modules to New Solar Plant

Today, one of the world’s largest solar companies, Canadian Solar Inc., announced that it will supply 8 MW of solar modules to EOSOL Energies Nouvelles' new ground-mounted solar power plant, which will have an installed capacity of 10.7 MW. The new solar power plant will be located in Saint-Leger in the south west of France with a total of 39,500 modules installed on an area of 180,000 m². The company anticipates that it will activate the new solar power plant in October 2011. EOSOL EN previously selected Canadian Solar's high-quality, high-performance solar modules for three earlier installations in France: a…

ThursdayAug 11, 2011 10:11 am

Imperial Petroleum, Inc. (IPMN) Engages Wolfe Axelrod Weinberger Associates for Investor Relations Services

Shortly after today’s opening bell, Imperial Petroleum announced that it has retained Wolfe Axelrod Weinberger Associates LLC as its investor relations firm to communicate the company’s strategic goals and business developments to the investment community. Mr. Jeffrey T. Wilson, CEO of Imperial Petroleum, noted, "Imperial has reached an inflection point in its growth that warrants an active investor relations program. After a careful search and review, we have selected Wolfe Axelrod Weinberger Associates to assist us in our investor relations efforts because of its focus on emerging microcap companies and its extensive contacts among investors who are interested in new,…

WednesdayAug 10, 2011 4:20 pm

Ever-Glory International (EVK) Posts Solid Q2 Results, Continued Positive Outlook for Q3

Ever-Glory International Group Inc., a leading apparel supply chain manager and retailer based in China, today reported its financial results for the second quarter ended June 30, 2011, reflecting increased sales in its retail and wholesale businesses. During the second quarter of 2011, Ever-Glory reported an 85 percent increase in net sales to $42.9 million compared to $23.1 million in the second quarter of 2010. Second quarter net income was $2.3 million, or $0.15 per diluted share, an increase of 182.1 percent from $0.8 million, or $0.05 per diluted share, in the second quarter of 2010. Second quarter 2011 gross…

WednesdayAug 10, 2011 3:19 pm

Bohai Pharmaceuticals Group, Inc. (BOPH) Expands Presence in Chinese TCM Market with Acquisition of Yantai Tianzheng

Bohai Pharmaceuticals Group, Inc., a Chinese pharmaceuticals company engaged in the production, manufacturing and distribution of modernized herbal products based on Traditional Chinese Medicine (TCM), announced today that it has made the acquisition of a complimentary TCM company in China. The all cash acquisition of 100% of the outstanding shares of Yantai Tianzheng significantly expands Bohai's standing in the TCM market by adding products, manufacturing and sales capabilities. The transaction, consisting of four installment payments over 18 months for a total of $35 million, includes a stipulation that Jinghoo Chi, Yantai Tianzheng's majority owner and CEO, will remain with Bohai…

WednesdayAug 10, 2011 3:09 pm

Access Pharmaceuticals, Inc. (ACCP) Expands Reach with CSPN

Access Pharmaceuticals, Inc. yesterday announced that Community Specialty Pharmacy Network has joined its specialty pharmacy network for the MuGard product. MuGard is a new product being produced by Access for oral mucositis. Houston, Texas-based Access Pharmaceuticals is a biopharmaceutical that focuses on developing and marketing a series of proprietary products for the care of cancer patients. The company's product line includes MuGard, ProLindac (for treating ovarian cancer) and Thirabine (a new nucleoside). Access also produces the CobaCyte and CobOral drug delivery systems. CSPN has more than 180 member pharmacies and offers a range of services, including mail distribution, therapy management,…

WednesdayAug 10, 2011 2:07 pm

Royal Financial, Inc. (RYFL) Terminates Employee Stock Ownership Plan

Royal Financial, Inc. and Royal Savings Bank, a wholly owned subsidiary of the Company, announced the end to their employee stock ownership plan (ESOP). According to Royal CEO Leonard Szwajkowski, the company "determined that the benefits of the ESOP were not sufficient to justify the ongoing annual expense incurred to maintain the plan. The costs savings we will achieve in future periods will more than compensate for the one-time charges incurred to terminate the ESOP.” Company estimates of savings due to the change range from $40,000 to $45,000 per year. The cost of terminating the ESOP plan, says the company,…

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