MondayAug 06, 2012 5:02 pm

CytoSorbents (CTSO) Awarded $3.8M Contract to Develop Sepsis Treatment Program

Company looks to advance polymer technologies as it meets key milestones set by Department of Defense’s Defense Advanced Research Projects Agency (DARPA) program. CytoSorbents Corp., a company using blood purification technology to treat life-threatening illnesses, today announced that it has received from DARPA a technology development contract worth up to $3.8 million as part of its Dialysis-Like Therapeutics (DLT) program to treat sepsis, an often fatal condition caused by microorganisms or toxins in the tissue or bloodstream. DARPA, an agency of the U.S. Department of Defense, is funding CytoSorbents’ development of a portable, artificially intelligent blood purification system capable of…

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MondayAug 06, 2012 5:00 pm

Chimera Energy Corp. (CHMR) Purchase Order for Key Component of Revolutionary New Non-Pollutive Fracking Alternative Announced

Chimera Energy has a rapidly growing portfolio of energy technology products focused on profiting from the current domestic shale oil boom, like their high quality polycrystalline diamond cutters (largely used in oilfield/geological drill bit manufacturing) and their revolutionary new, all-weather, non-pollutive fracking alternative, for which the company executed a purchase order today with America West Drilling Supply, covering a key component known as the casing perforator. This non-hydraulic extraction method developed by the company in China can handle extraction in areas too cold for fracking (due to the required water freezing), yet retains a comparable 65% production increase (if not…

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MondayAug 06, 2012 1:45 pm

Insmed Incorporated (INSM) Welcomes Al Altomari to Board of Directors

Today, Insmed Incorporated announced that Al Altomari has been elected to its Board of Directors, effective immediately. Including Mr. Altomari, Insmed's Board of Directors now consists of seven members. Donald j. Hayden, Insmed’s Executive Chairman, remarked, "Al brings to our Board nearly 30 years of valuable experience in the pharmaceutical industry, including more than 20 years focused on the development and marketing of specialty pharmaceutical products. We believe his expertise in these areas will be instrumental as we continue to execute on our development plan for ARIKACE®." Mr. Altomari added, "With top-line data for ARIKACE in the Company's lead orphan…

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MondayAug 06, 2012 1:43 pm

Asia Entertainment & Resources (AERL) to Acquire Bao Li Gaming Promotion

Asia Entertainment & Resources Ltd. is a holding company which operates through its subsidiaries and related promotion companies as a VIP room gaming promoter, receiving revenues from such activities. The company's VIP room gaming promoters currently participate in the promotion of three major luxury VIP gaming facilities in Macao, the largest gaming market in the world. The three facilities are located at the Star World Hotel & Casino, the Galaxy Macau resort in Cotai and the Venetian Macao Resort Hotel, also in Cotai. The company announced today that it has entered into a non-binding memorandum of understanding to acquire Bao…

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MondayAug 06, 2012 10:04 am

Cumulus Media Inc. (CMLS) Video Chart for Monday, August 6, 2012

The Cumulus Media chart made a solid move on Friday on a dramatic increase in volume. The chart is interesting because it has now climbed to an area of resistance while the indicators are leaning towards bullishness and signaling a potential overall reversal. From a broader perspective, the chart could possibly be in mid-stage for an inverted head and shoulders pattern. To view the video chart, visit the following link: http://www.qualitystocks.net/videocharts Let us hear your thoughts below:

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MondayAug 06, 2012 10:01 am

Smith Micro Software, Inc. (SMSI) Set to Introduce Fans to New Characters, Features, and an Exclusive Reality 3 Partnership at SIGGRAPH 2012 in Los Angeles

Smith Micro Software, Inc. Productivity and Graphics Group, a producer of award-winning software that inspires consumer creativity and enables efficiency, today announced that it will be presenting impressive new features and special partnership information regarding its Poser ® 3D character animation solution August 5th through the 9th at SIGGRAPH 2012 at the Los Angeles Convention Center. The Smith Micro Booth (#1130) will be hosting an exclusive sneak-peek of the forthcoming Reality 3. Pose Service Release 3 (SR3), featuring a GoZ™ plug-in for ZBrush, will also be available for viewing at SIGGRAPH. Furthermore, attendees will get a unique opportunity to preview…

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MondayAug 06, 2012 9:52 am

International Stem Cell Corp. (ISCO) CEO Letter Summarizes Major Company Developments

Recently, the CEO of International Stem Cell Corp., Andrey Semechkin, PhD, issued a shareholder letter discussing some of the key developments that have occurred in the company, and providing a window on future plans and anticipated events. ISCO is a California based biotechnology company with a powerful new stem cell technology called parthenogenesis, which promises to deliver stem cells that address the critical problem of immune-rejection. In addition to talking about certain management adjustments, the letter discusses a number of operational changes designed to improve efficiency and target the company’s resources to the most productive ends. The company has moved…

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MondayAug 06, 2012 9:48 am

Duma Energy Corporation (DUMA) Not Limited to Texas

Duma Energy is an aggressive growth company actively producing oil and gas in the U.S., both on and offshore. The company currently has major operations in Texas, with additional operational interests in Illinois and Louisiana. Duma plans to continue increasing its revenue, cash flow, and reserves to fund its growth through acquisition and participation in projects with the potential of providing exponential returns for shareholders. Specifically, the company plans to do the following: • Seek additional acquisitions • Consider international projects with unique opportunities for high returns • Leverage growing revenue, cash flow, and reserves, to fund overall growth strategy…

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MondayAug 06, 2012 9:46 am

Pacific Energy Development Corp. (BESVD) Developing Oil And Gas Opportunities In Colorado, Texas, And Pacific Rim

PEVECO Corp. (doing business as Pacific Energy Development Corp.) is an independent energy company involved in the acquisition and development of high-growth oil and gas projects in the U.S., seeking also to pursue shale oil and gas opportunities in Pacific Rim countries. The team that manages PEVECO is experienced, having developed and commercialized some of the industry’s most profitable energy ventures. The company’s immediate focus is oil and gas plays in the Niobrara Shale Formation in northeastern Colorado, and the Eagle Ford Shale in southern Texas, along with the Mississippian Shale in Kansas. • Niobrara Asset - PEDEVCO holds 31%…

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FridayAug 03, 2012 4:40 pm

Avanir Pharmaceuticals, Inc. (AVNR) Issued Additional Patent for NUEDEXTA in FDA Orange Book

Today, Avanir Pharmaceuticals announced that an additional patent covering the company’s NUEDEXTA (dextromethorphan HBr and quinidine sulfate) product has been listed in the U.S. Food and Drug Administration’s Orange Book. The additional patent, U.S. Patent number 8,227,484, entitled “Pharmaceutical Compositions Comprising Dextromethorphan and Quinidine for the Treatment of Neurological Disorders,” claims treatment methods for pseudobulbar affect or emotional lability using low-dose quinidine formulations of NUEDEXTA. Pseudobulbar affect (PBA) patients have sudden, involuntary outbursts of crying or laughing without a stimulus to trigger those emotions. PBA can occur when certain neurologic diseases or injuries cause damage to the areas of the…

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