Blog - Page 3222 of 5750

ThursdayAug 09, 2012 9:40 am

Duma Energy Corp. (DUMA) to Acquire Namibia Exploration

Duma Energy Corp., a producer of oil and gas in the continental United States, both on and offshore, today announced that it will acquire a 100-percent stake in Namibia Exploration Inc. (NEI), which holds the rights to a 39-percent working interest in an onshore Namibian petroleum concession spanning about 5.3 million acres. Per the acquisition, Duma will hold its indirect working interest in the concession in partnership with the National Petroleum Corporation of Namibia Ltd. (NPC Namibia) and Hydrocarb Namibia Energy Corp., a company chartered in the Republic of Namibia and a majority owned subsidiary of Hydrocarb Corp. As the…

ThursdayAug 09, 2012 9:38 am

Skinny Nutritional Corp. (SKNY) Rapidly Building Its Brand

The rapid growth of Skinny Nutritional speaks to the wisdom of successfully addressing a previously unmet market need. Unlike the commonplace carb- or caffeine-loaded sports and energy drinks, or the so-called health drinks that simply reduce the sugar and sodium, Skinny knew there was a market out there that wanted something different. Millions of working women and men were looking for flavor and fun without the guilt, something they could enjoy while being good to their bodies and their waistlines. They were looking for exactly what Skinny set out to create. From its very first days, Skinny Nutritional knew the…

WednesdayAug 08, 2012 1:59 pm

Cleantech Solutions International (CLNT) Receives Two Orders

China-based Cleantech Solutions International Inc. is a manufacturer of metal components and assemblies, primarily used in the wind, solar and other clean technology industries. The company supplies forging products, fabricated products and machining services to customers in green industries such as wind and solar power. The company announced today that it has received a new purchase order to supply 21 units of airflow dyeing machines and related components to a domestic customer. The order provides for Cleantech Solutions to deliver the machines and components for a price of approximately $1.8 million. The company has already received an upfront payment of…

WednesdayAug 08, 2012 1:50 pm

International Stem Cell Corp. (ISCO) To Host Conference Call Covering Q2 2012 Financial Results

International Stem Cell Corporation, a California-based biotechnology company, announced today that it will be holding a conference call at 11:00 AM (ET), on Friday, August 10, 2012, to go over second quarter financial results. The call will cover the three months ended June 30, 2012, and will be hosted by the company’s Executive VP of Business Development, Dr. Simon Craw, and the company’s CFO, Ms. Linh Nguyen. To attend the call, interested parties should use the following dial-in information: Date: Friday, August 10, 2012 Time: 11:00 AM Eastern Time Conference Line (U.S.): 1-877-317-6776 International Dial-In: 1-412-317-6776 Conference ID: 10017300 For…

WednesdayAug 08, 2012 1:45 pm

L&L Energy (LLEN) Appoints Y.P. Chan as Managing Director – M&A

Today, L&L Energy, Inc. (NASDAQ: LLEN) announced that Y.P. Chan has been appointed as the company’s Managing Director – M&A. In his new role, Mr. Chan will oversee the strengthening of L&L’s coal acquisition and strategic growth in China. Dickson Lee, Chairman and CEO commented, "Bringing in talent such as Y.P. is another tangible step to strengthen our management capabilities and ensure our momentum in the Company's growth in China. His wealth of experience and knowledge, as a Columbia trained MBA and multicultural executive, are great additions to our management team. I look forward working closely with Y.P. to further…

WednesdayAug 08, 2012 1:34 pm

El Capitan Precious Metals, Inc. (ECPN) to Put Successfully Tested New Production Process to Work on Some 180 Tons of Concentrate

El Capitan is following up the recent (July) successful test of the company's carbon pre-roast with silver-lead recovery process for concentrates, with a report today regarding developments related to the test run on some 700 lbs of concentrated material from ECPN's eponymous El Capitan, gold, silver, and platinum group metals property in New Mexico (which offered results consistent with last year's dore bar sale to Gannon & Scott). As one of the top assay firms in NA, Gannon & Scott provide a diverse array of precious metal refining services and form an excellent endpoint for the company's innovative production process.…

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…

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