Blog - Page 3254 of 5573

TuesdaySep 13, 2011 4:14 pm

NetSol Technologies, Inc. (NTWK) Forms New Division to Concentrate on Sales and Delivery of SmartOCI Product for eProcurement

NetSol Technologies, Inc., a worldwide provider of global IT and enterprise application solutions, today announced that it has formed a new division, Vroozi , Inc., to help increase the sale and delivery of its smartOCI e-commerce product that helps facilitate the B2B procurement process for companies. Netsol's smartOCI product is a powerful search engine that improves purchasing efficiencies by allowing companies to access their global suppliers and retrieve competitive pricing information, as well as collaborate with suppliers to exchange and publish catalog content. NetSol made several announcements in August of Fortune 500 companies purchasing the smartOCI product to help streamline…

TuesdaySep 13, 2011 3:39 pm

Miller Energy Resources, Inc. (MILL) Reports on New Drilling Rig for Alaska Operations

Miller Energy Resources, Inc. announced that a new drilling rig the company had under order has been completed and will be soon be delivered to the company’s properties in Alaska. Drilling Rig 35, which was built by Voorhees Equipment and Consulting Inc., is designed for both onshore and offshore drilling activity. Miller Energy Resources said that the drilling rig will be set up at the Osprey platform located in the Cook Inlet area of Alaska. The 2,000 horsepower drilling rig cost Miller Energy Resources $19.5 million. The company recently made a final payment of $5.77 million to Voorhees Equipment and…

TuesdaySep 13, 2011 2:58 pm

Ocean Power Technologies, Inc. (OPTT) Teams up with Lockheed Martin to Bring Utility-Scale Wave Power to Oregon via a PowerBuoy Array

Ocean Power Technologies announced collaboration with global security and information technology powerhouse, Lockheed Martin, which will provide their substantial expertise and logistical support for advancing the Company’s proposed Reedsport, Oregon, commercial-scale wave power generation project. This effort will capitalize on previous collaborative efforts between the two companies, with Lockheed bringing vast design, systems integration, manufacturing and supply chain competencies to bear on helping to perfect OPTT’s PowerBuoy® technology. This effort comes fast on the heels of the award of a $2.4M DOE contract to the Company, as part of US Secretary of Energy Steven Chu’s renewable marine energy initiative (announced…

TuesdaySep 13, 2011 1:54 pm

Wind Works Power Corp. (WWPW) Submits Letter of Intent for Wind Energy Project

Today, Wind Works Power Corp. announced that the company has submitted a letter of intent with the North Dakota PSC to enter the permitting process for Thunder Spirit, a 150 megawatt (MW) wind energy project in North Dakota. Thunder Spirit recently emerged from a 5-year Midwest ISO (MISO) study process as the winning project, as it has almost no electric transmission system upgrade requirements and is located in one of the highest wind energy resource areas in MISO. This combination results in uniquely superior economic attributes of the Thunder Spirit wind farm project, which has the ability to supply green,…

TuesdaySep 13, 2011 12:06 pm

Financial Community Anxious to Support Scorpex, Inc. (SRPX)

Scorpex, Inc., an emerging leader in the disposal and recycling of industrial and hazardous wastes for the Baja Mexico/California region, recently announced that it has received financing commitments from two different sources for up to $35 million USD. The financing is contingent upon the issuance of necessary permits, which are expected to be granted in the near future. The loans are to be secured by the company’s equipment, receivables, land, and other assets. Scorpex stands out among small developing companies in that the company has had no problems obtaining significant financing commitments. A big part of this is due to…

TuesdaySep 13, 2011 11:53 am

Small Cap Voice: Jammin Java Corp. (JAMN) Issues Corporate Update

In the past few months Jammin Java Corp. has been working to position Marley Coffee to be the premier brand across all coffee channels. A major part of the groundwork has been the amended license with Marley Coffee, LLC, which the company announced on August 8th. Before the amended license, Jammin had a non-exclusive license to do coffee distribution through the office coffee service (OCS), hospitality, service and big box store industry. The new license gives Jammin the exclusive North American and Caribbean license for Marley Coffee branded coffee development. As the exclusive North American licensee for Marley Coffee, Jammin…

TuesdaySep 13, 2011 9:43 am

All American Gold Corp. (AAGC) Targets America’s Single Biggest Gold Producer

It’s little surprise that the state of Nevada is associated in most people’s minds with the glitz and excitement of Las Vegas, one of the world’s top tourist and entertainment sites, offering more hotel rooms than any single place on earth. But people who know Nevada will tell you that much of the state’s real wealth is, and always has been, deep in the ground. Historically, Nevada is the most prolific gold producing state in the country, the source of more than 75% of all the gold produced in the U.S. If Nevada was a country, it would be one…

TuesdaySep 13, 2011 9:40 am

Golden Spirit Enterprises Ltd. (GSPT) Changes Name

Yesterday, Golden Spirit Enterprises Ltd. reported that they are changing their name to Terralene Fuels Corp. to reflect better the business direction of the Company. The name change shall be effective at the opening of business September 21, 2011. This is unless The Financial Industry Regulatory Authority (FINRA), the governing body conducting a review of this amendment, elects to specify an alternate effective date. Golden Spirit owns Terralene Fuels, a patented fuel formulation that can replace gasoline as a stand-alone fuel or fuel additive. Terralene's fuel composition is 55 percent petroleum based and 45 percent from renewable energy sources. According…

TuesdaySep 13, 2011 9:23 am

Is the QSTwit Community Following Your Tweets?

QualityStocks recently introduced QualityStocksTwits (“QSTwits”), a Web 2.0 site that collates Twitter’s investment discussions in real-time, enabling investors to track the web’s savviest investors as well as build their own following. QSTwits gathers data from Twitter on any company, big or small. With QSTwits, users can eavesdrop on what traders are talking about right now or contribute to the conversation and build their own reputation. It also allows anyone to search the Twitter universe for tweets relating to a particular stock and use Twitter’s features directly within the application. Investors will also be able to quickly see which stocks are…

MondaySep 12, 2011 2:22 pm

FDA Gives Greenlight for IsoRay Inc. (ISR) Brain Cancer Treatment

IsoRay Inc. operates through its subsidiary IsoRay Medical to produce brachytherapy seeds, which are cancer-fighting medical radioisotopes implanted in or as close as possible to the cancerous organ. The company today announced that the FDA has cleared its GliaSite® radiation therapy system, which represents a significant step in the company’s trek to return the device to the market place. GliaSite is a balloon catheter device used in the treatment of brain cancer through brachytherapy. Current brain cancer treatments are complicated by the fact that most cancerous brain tumors recur near the site of the original tumor following its removal. To…

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