TuesdayApr 05, 2011 8:20 am

Li3 Energy, Inc. (LIEG) Raises Funds for Chile Project

Li3 Energy, Inc. reported that the company has entered into three capital market transactions to raise funds for the acquisition and exploration of a property in South America. The transactions raised gross proceeds of $6 million. In March 2010, Li3 Energy, Inc. agreed to purchase a 60% interest in the Maricunga Project, located in Chile. The company believes that this property is prospective for mineral reserves that can be extracted commercially. Li3 Energy, Inc. sold 10.6 million units in a private placement offering at a price of $0.27 per unit. Each unit comprises one common share of the company’s stock,…

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TuesdayApr 05, 2011 8:18 am

HickoryTech Corp. (HTCO) Adds Carol Wirsbinsky as COO

Yesterday, HickoryTech Corp. made the announcement that Carol Wirsbinsky had been appointed to the role of chief operating officer and vice president of HickoryTech. This is part of the company's plans to grow business. Wirsbinsky is a veteran of the communications industry with 20 years of experience. Mrs. Wirsbinsky has held positions of leadership at CitiLink Broadband, Integra Telecom of Minnesota, among other positions. HickoryTech is a communications provider that serves customers in the upper Midwest. With 460 employees and a multi-state fiber network that encompasses Minnesota, Iowa, North Dakota and South Dakota, HickoryTech offers services such as broadband Internet,…

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TuesdayApr 05, 2011 8:16 am

Aastrom Biosciences, Inc. (ASTM) Completes Manufacturing Milestone

Aastrom Biosciences, Inc., a company who is leading the development of expanded, patient-specific cellular therapies for the treatment of severe cardiovascular disease, announced today that it has completed an important product manufacturing milestone. The company has transferred its cell cassette manufacturing to ATEK Medical under the strategic partnership that was announced back in October 2010. The single-use cell cassettes are the central component used in Aastrom's proprietary culturing process at its facility in Ann Arbor, MI. "As a result of this milestone, which we achieved ahead of schedule, we now have a fully validated and reliable manufacturing partner to support…

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TuesdayApr 05, 2011 7:59 am

BigSuperSearch.com, Inc. (BSPR) Granted DTC Eligibility Status

BigSuperSearch.com, Inc., a publicly held internet search and technology company, recently announced that the company has been granted eligibility status by the Depository Trust Company (DTC), a member of the U.S. Federal Reserve System and a registered clearing agency with the Securities and Exchange Commission (SEC). Established to provide a safe and efficient way for buyers and sellers of securities to execute and settle transactions, DTC allows the centralized custody of securities so that they exist only as electronic files rather than as physical certificates. This process provides banks, brokerage firms and other institutions with an efficient means of moving…

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TuesdayApr 05, 2011 7:54 am

True 2 Beauty Inc. (TRTB) Selects Reality TV Personality and Author David Good as Celebrity Spokesperson

True 2 Beauty Inc., the leading distributor of sexual potency pills and liquid products in the United States, announced today the signing of an endorsement agreement with reality TV personality David Good, winner of the ABC's hit reality show 'Bachelor Pad' and former contestant on Season 5 of 'The Bachelorette.' "We believe David is the perfect match for targeting our core age groups across both sexes," commented Alex Hbaiu, CEO of True 2 Beauty. "His strength of character and keen understanding of the male-female dynamic will only add to his allure as a positive role model to promote our products."…

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TuesdayApr 05, 2011 7:45 am

Paid Inc. (PAYD) Video Chart for Tuesday, April 5, 2011

PAYD is in a long-term symmetrical triangle. The pattern has been very consistent to this point with rises in share price occurring with bullish crosses of reliable indicators. Technical traders will be on alert for the bottom support to hold and for continuation of the pattern at this point. To view the video chart, visit the following link: http://www.qualitystocks.net/videocharts.php Let us hear your thoughts below:

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MondayApr 04, 2011 4:32 pm

PAETEC Holding Corp. (PAET) Expands Market Reach and Sales Channel through Intellifiber Network Availability

PAETEC Holding Corp. provides communication solutions to medium and large businesses, enterprise organizations and institutions across the United States. The company today announced that its channel partners can now sell the company’s newly acquired Intellifiber network and products nationwide. Intellifiber’s portfolio includes fiber and Ethernet solutions, as well as custom network design and projects that cater to diverse agent needs. PAETEC acquired Intellifiber in December 2010, expanding PAETEC’s additional fiber capabilities and launching the company’s 37,000 route-mile fiber network to among the largest nationally competitive local communications providers. "I've spent my career embracing the channel collaboratively and as a critical…

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MondayApr 04, 2011 2:58 pm

Nortel Networks Corp. (NRTLQ) Enters Stalking Horse Agreement with Google for $900 Million

After filing bankruptcy just over two years ago, Nortel Networks Corp. is looking to sell its patent portfolio. It was announced today that the Company, through its principal operating subsidiary Nortel Networks Limited and certain other subsidiaries, has entered into a “Stalking Horse Agreement” with industry behemoth, Google, Inc. (NASDAQ: GOOG), to sell approximately 6,000 patents and patent applications covering a broad range of wired, wireless and digital communication technologies to Google for a cool $900 million in cash. This agreement, which is still subject to court approvals in the United States and Canada, follows a confidential, multi-round bidding process…

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MondayApr 04, 2011 2:53 pm

Rosetta Genomics Ltd. (ROSG) Posts Q4, FY2010 Results

Rosetta Genomics Ltd., a leading developer of microRNA-based molecular diagnostics, today posted its financial results for the fourth quarter and 12 months ended December 31, 2010. "2010 was a challenging but rewarding year for Rosetta Genomics, marked by achievements in a number of important areas. We streamlined our operations and cost structure, expanded our distribution into Greece, advanced miRview mets to commercial launch, fortified our patent portfolio and, importantly, regained U.S. rights to our first three commercial microRNA diagnostic tests. Moreover, we significantly expanded our scientific and clinical body of knowledge with multiple journal publications of data demonstrating the role…

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MondayApr 04, 2011 2:50 pm

Derycz Scientific Inc. (DYSC) Completes TAAG Acquisition, Expected to Drive Solid Revenue Gains

Derycz Scientific Inc. develops companies, products, services and systems that facilitate the re-use of published content to assist organizations achieve their marketing, communication and research goals effectively while complying with copyright law and regulatory rules. The company today announced it has completed its acquisition of Techniques Appliquees aux Arts Graphiques, S.p.A. (TAAG), which gives Derycz a physical presence in Europe. Derycz CEO Peter Derycz said the acquisition will allow Derycz to provide global customers with information logistics to support sales and other related activities. "This acquisition significantly advances our global strategy of integrating digital information and logistics capabilities – a…

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