ThursdayMay 03, 2012 2:01 pm

Crosshair Energy Corp. (CXZ) to Expand Uranium Exploration at Juniper Ridge in Wyoming, Over 5 Million Pounds Already Identified Last Year

Today, Crosshair Energy, which has quickly established a solid reputation in the North American uranium/vanadium resource recovery sector, with established resources at the flagship Bootheel (which has strong in-situ recovery potential) and Juniper Ridge sites in Wyoming, as well as the CMB Uranium/Vanadium and CMB JV Uranium projects in Labrador, Canada (with four currently defined resource areas), reported that the company will expand exploration at Juniper Ridge in response to the excellent uranium data generated by last year’s program. The 4,710-acre Juniper Ridge property consists of 197 federal lode claims (as well as one state mineral lease) and produced a…

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ThursdayMay 03, 2012 12:30 pm

GelTech Solutions, Inc. (GLTC) Gains Approval from US Forest Service for FireIce

GelTech Solutions creates innovative, eco-friendly, cost-effective products that help industry, agriculture, and the general public achieve environmental and safety goals. Two of the company's inventions are FireIce, a revolutionary water enhancing fire suppressant that has the potential to change current firefighting techniques and Soil2O Dust Control, an environmentally-safe and cost-effective solution for airborne dust control. The company today announced that the US Forest Service gave approval of blanket purchase agreements which provide the framework and pricing under which it may, at its discretion, process purchase orders for GelTech products. The GelTech products and mobile retardant bases will be used in…

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ThursdayMay 03, 2012 10:17 am

EdgeWave, Inc. (EWVE) is “One to Watch”

Trading on the OTCBB, EdgeWave develops and markets on demand, on-premises, and hybrid Secure Content Management (SCM) solutions to the mid-enterprise and service provider markets. The company's portfolio of web, email, and data protection technologies delivers comprehensive secure content management with premier ease of deployment and low Total Cost of Ownership (TCO). EdgeWave markets their solutions through a network of value added resellers, ISPs and MSPs, distributors, system integrators, OEM partners, and directly to end users. Founded in 1995, EdgeWave has their headquarters in San Diego, California. The company's products and services include iPrism Web Security, a comprehensive Secure Web…

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ThursdayMay 03, 2012 8:28 am

Gold Prices Weaken as Physical Demand and Jobs Data Fall

On Wednesday, weak physical demand and losses in equities and other commodities caused the price of gold to recede. The metal came under pressure after ADP’s April employment report showed that U.S. companies hired the fewest people in seven months. Many people interpreted this to mean that the economy has lost some momentum. However, some market watchers said the ADP data was not enough to alter a view that several economic indicators have smashed hopes of further quantitative easing, or government bond purchases, by the Federal Reserve. The gold market is anticipating Friday's April nonfarm payrolls data for the latest…

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ThursdayMay 03, 2012 8:19 am

Echo Therapeutics, Inc. (ECTE) Reports Positive Results from Symphony tCGM System Clinical Trial

Echo Therapeutics yesterday announced positive results from its clinical trial of the Symphony tCGM System, a needle-free, noninvasive, wireless, transdermal continuous glucose monitoring system. This study, conducted in 15 elective cardiac surgery patients, has been the first of two studies the company is conducting in critically ill patients; results from the second study are expected later this quarter. As evidenced in data from the study, Symphony successfully and continuously monitored glucose levels in Boston’s Tufts Medical Center cardiothoracic surgical intensive care unit. Data analysis also demonstrated that Symphony was accurate in reading glucose levels, with a mean absolute relative difference,…

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WednesdayMay 02, 2012 4:36 pm

Novatel Wireless, Inc. (NVTL) and NexTraq Ink Supply Agreement for Fleet Management System

Novatel Wireless, provider of intelligent wireless networking solutions, today announced it has signed a supply agreement with NexTraq, provider of GPS fleet tracking and vehicle management solutions, in which Novatel Wireless will supply its MT 3000 device for NexTraq's GPS fleet tracking solution. The Novatel Wireless MT 3000 is designed to improve productivity while reducing costs for fleet customers. The MT 3000 differs from wired telematics devices in that it is a plug-and-play device with internal antennas, which eliminates vehicle installation costs and associated vehicle out-of-service time. The MT 3000 features include GPS location, ignition, geo-fencing, trip reporting and events,…

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WednesdayMay 02, 2012 4:17 pm

Phototron Holdings, Inc. (PHOT) Announces Progress of Growth Strategy and Acquisitions

Phototron Holdings, a technology supplier to the hydroponic growing industry, detailed its consolidation strategy as the company integrates its acquisition of SG Technologies and its pending acquisition of Greners.com, the largest on-line supplier of hydroponic equipment in North America. Phototron Holdings’ acquisition of SG Technologies and the pending acquisition of Greners.com are the first steps in what Phototron Holdings calls a “comprehensive roll-up strategy” to rapidly build shareholder value through acquisition of profitable players in the grow technology and lifestyle space. SG Technologies’ provides LED technology products that Phototron Holdings CEO Sterling Scott says are complimentary and already incorporated into…

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WednesdayMay 02, 2012 2:44 pm

StockGuru Featured Company: XcelMobility, Inc. (XCLL)

XcelMobility is engaged in researching, developing, and commercializing technologies for mobile Internet users. Based in the United States, XcelMobility offers innovative products that substantially enhance the Internet performance of smartphones, tablets, and netbooks when connected to cellular users. The company believes that shareholder value is best served through initial product commercialization in the Asian marketplace before global product rollout, due to the vast mobile market and widespread mobile Internet usage in Asia. XcelMobility’s flagship product is the Mach 5 Xcelerator, which gives users the fastest available browsing experience for phones, tablets, and mobile computers. Some of the world’s largest cellular…

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WednesdayMay 02, 2012 1:01 pm

The FluoroPharma Medical, Inc. (FPMI) Business Strategy

FluoroPharma Medical intends to lead in the discovery, development, and commercialization of innovative and targeted molecular imaging pharmaceuticals that improve disease detection, management, and overall patient care. The company’s focus has been chemical tracer agents that are used in conjunction with positron emission tomography (PET), allowing PET scans to detect various biological processes occurring deep within the body. Such detection is valuable for identifying potential early stage disease, as well as being a tool for researchers. Specific steps the company is taking or planning to take include the following: • Seek regulatory approval in the U.S. and other countries for…

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WednesdayMay 02, 2012 11:35 am

Full House Resorts, Inc. (FLL) Gets Financing for Silver Slipper Casino Acquisition

Full House Resorts develops, manages, and owns gaming facilities across the country. The company owns the Rising Star Casino Resort in Rising Sun, Indiana, Stockman's Casino in Fallon, Nevada, and also operates the Grand Lodge Casino at the Hyatt Regency Lake Tahoe Resort in Incline Village, Nevada. In addition, it has management agreements to run the Buffalo Thunder Casino and Resort in Sante Fe, New Mexico, along with two other casinos in New Mexico – Cities of Gold and Sports Bar casinos. The company today reported that it has obtained financing commitments for new credit facilities totaling $75 million. These…

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