Blog - Page 3268 of 5572

MondayAug 22, 2011 7:58 am

Scorpex, Inc. (SRPX) Provides Investors with Update on Audit and Financials

Scorpex, Inc., an emerging leader of industrial, hazardous and toxic waste disposal services in the Baja Mexico/California region, just announced additional details of the previously reported initiative to prepare its financials for a formal audit. An SEC accredited audit will raise the Company's status to "Fully Reporting" while increasing transparency for both current and future investors. As announced two weeks ago, Scorpex has engaged the services of the Acadia Group to prepare for its audit and the filing of financial reports with the U.S. Securities and Exchange Commission ("SEC") pursuant to the Securities Exchange Act of 1934. The Acadia Group…

FridayAug 19, 2011 3:51 pm

Scorpex, Inc. (SRPX) $30M Deal with IET Inc. Speeds-up Facility Launch

The Mexican manufacturing sector is rapidly expanding. The development of new and existing industries, paired with increased investments from foreign national companies, is driving a significant increase in the need for disposal of industrial waste. Scorpex Inc., an emerging industrial, hazardous and toxic waste disposal service provider, aims to capitalize on this need as it executes its strategy to become a recognized leader in the waste disposal industry in the Baja Mexico/California region. Future plans include expanding to other locations. The company recently inked a $30 million major equipment deal with Kentucky-based International Environmental Technologies Inc. (IET), in which Scorpex…

FridayAug 19, 2011 1:46 pm

China Sunergy Co. Ltd. (CSUN) Posts Widened Q2 Loss, Cuts FY Shipment Outlook

China Sunergy Co. Ltd., a specialized solar cell and module manufacturer, today announced its financial results for the second quarter ended June 30, 2011, and cut its full-year shipment outlook based on lower shipments and selling prices in the second quarter of 2011. For the second quarter of 2011, China Sunergy reported revenue of $144.0 million, a 22.4 percent increase over the second quarter of last year, but a decrease of 13.1 percent compared to the first quarter of 2011. Gross profit for the second quarter was $3.7 million, an 84.1 percent increase over the second quarter of 2010 and…

FridayAug 19, 2011 1:01 pm

AdCare Health Systems, Inc. (ADK) Signs New Agreement to Purchase Skilled Nursing and Assisted Living Community for $13.5 Million

AdCare Health Systems, Inc., a leading provider of skilled nursing and assisted living facility management, announced today that they will purchase for $13.5 million an Ohio skilled nursing and assisted living community. The community has 193 beds and generates about $12 million in gross annualized revenues. AdCare plans to finance the acquisition of the assisted living facility with a 30-year, fixed-rated, tax-exempt bond issuance, and finance the skilled nursing facility with a traditional bank loan. "Our strategy of acquiring skilled nursing facilities is proving highly successful, not only in our closing rate and terms, but also in our post-acquisition performance.…

FridayAug 19, 2011 12:16 pm

Tivus, Inc. (TIVU) Announces Debut of e-SmartRoom IPTV Solution to Hotel Industry

Tivus, Inc. announced that it has officially launched the e-SmartRoom™, its first-to-market no-cost solution to replace the hospitality industry’s legacy CRT TV systems with a complete TiVUS HD IPTV in-room internet and entertainment solution, including ad-insertion technology and new 42" flat-screen HDTVs. The e-SmartRoom solution has been specifically designed to be a complete HD IPTV solution with no cost to the hotel property. TiVUS' e-SmartRoom offers hotel guests unlimited in-room movie rentals, free-to-guest (HD) channels, iPad interfaces, secure wireless internet (multiple devices), and access to an in-room printer (including fax). TiVUS' e-SmartRoom solution includes: all hardware costs, all software costs,…

FridayAug 19, 2011 12:04 pm

Beacon Equity Research Featured Company: Blugrass Energy, Inc. (BLUG)

Blugrass Energy Inc., doing business as Rio Grande Petroleum Inc., is focused on exploring for oil and natural gas, primarily in West Texas. The company’s Childress Prospect, in the Val Verde Basin of West Texas covering 4,807 acres, has significant probable resource potential. A lot of work and money has been invested over the years on the lease, which have exceeded $4 million. Based on Rio Grande’s geoscientist advisor’s data sets review and evaluation, there are 77 drilling targets on three pay zones over the Childress lease. The company is developing a drilling portfolio in West Texas and acquired an…

FridayAug 19, 2011 11:42 am

Beacon Equity Research Featured Company: Dutch Gold Resources, Inc. (DGRI)

Dutch Gold Resources, Inc. is focused on acquiring and developing gold properties in North America. The Basin Gulch project Montana, the Jungo property outside Winnemucca, Nevada, and the Gold Bug Mine in Oregon currently comprise the company's portfolio. The company's strategy is target overlooked resources that have the potential to create value within 24 months of acquisition. Established criteria call for a property to reach either near term production, or be a candidate for development through joint venture financing. Dutch Gold’s management team is comprised of professionals with decades of experience in geology, mergers and acquisitions, as well as corporate…

FridayAug 19, 2011 11:21 am

Cannabis Science, Inc. (CBIS) and Prescription Vending Machines, Inc. Sign Worldwide Distribution Agreement

Cannabis Science, Inc., a pioneering U.S. biotech company developing pharmaceutical cannabis products, is pleased to announce that it has entered into an exclusive distribution agreement with Prescription Vending Machines Inc. (D.B.A. Medicine Dispensing Systems). Cannabis Science has also contracted with PVM’s principal, Vincent Mehdizadeh, to provide industry specific consulting and advisory services for the company. Pursuant to the terms of the agreement, Cannabis Science will have certain worldwide rights as PVM’s exclusive and non-exclusive distributor of all PVM products and services in the Continents of Asia, Africa, North America, South America, Antarctica, Europe, and Australia/Oceania. The companies will share in…

FridayAug 19, 2011 11:17 am

BioTime, Inc. (BTX) Announces Four Human Embryonic Stem Cell Lines Approved for Inclusion in NIH Registry

BioTime, Inc., a California biotechnology company focused on regenerative medicine and blood plasma volume expanders, today announced NIH (National Institutes of Health) approval of four of the company’s embryonic stem cell lines for inclusion in the NIH Human Embryonic Stem Cell Registry. The four stem cell lines are ESI-035, ESI-049, ESI-051, and ESI-053, developed by BioTime wholly owned subsidiary ES Cell International (ESI), one of the earliest pioneers of human embryonic stem cell technology BioTime President and CEO, Michael D. West, Ph.D., commented on the announcement. “As researchers work towards developing therapeutics for use in hard-to-treat diseases, we believe that…

FridayAug 19, 2011 11:09 am

Lifevantage Corp. (LFVN) Video Chart for Friday, August 19, 2011

LFVN is holding its own in a very difficult market climate, channeling for several months and holding the majority of gains since a climb from around 30 cents. Technical traders will be watching support around $1.30 and old high resistance at $1.62. To view the video chart, visit the following link: http://www.qualitystocks.net/videocharts Let us hear your thoughts below:

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