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FridayDec 16, 2011 11:22 am

TBSS International (TBSS) to Purchase Velella International Lighting’s Corporate Assets

International mining, drilling, trenching and construction company, TBSS International, Inc., announced that it has changed its previously announced Letter of Intent to acquire Velella International Lighting, Inc. ("Velella") to a purchase agreement for some of Velella’s corporate assets. The purchase is valued at $4 million. TBSS used debt financing; there was no stock dilution for the purchase. Under the terms of the Asset Purchase Agreement, TBSS acquires “life of patent” rights to Velella's energy-efficient neon lighting technology (patent # 6,471,369), three facilities and inventory. The three locations include a warehouse facility in Ft. Lauderdale, a warehouse and research and development…

FridayDec 16, 2011 9:44 am

Hipso Multimedia Inc. (HPSO) Completes Asset Purchase Agreement

On Thursday, Hipso Multimedia Inc. announced that effective November 30, 2011, they completed an asset purchase agreement acquiring all of the assets of Buildablock Inc. from 3324109 Canada Inc. and 8040397 Canada Inc., both Canadian corporations. Rene' Arbic, Hipso Multimedia's CEO and President, stated, "We are very excited about the significant revenue generating potential that the Buildablock operations will bring the Company." In connection with the acquisition of the Buildablock Assets, the Company intends to file an Information Statement on Schedule 14C. Their intention is to implement a reverse split of the Company's common stock on a one-for-eight (1:8) basis;…

ThursdayDec 15, 2011 6:02 pm

Universal Detection Technology (UNDT) Sells Biological Detection Equipment to U.S. Army

Universal Detection Technology, a California developer of early-warning monitoring technologies that protect against biological, chemical, radiological, nuclear and explosive threats, today announced the signing of a purchase order by the US Army for its handheld device that detects the presence of biological hazards. United Detection Technology has engaged in the marketing and resale of detection devices through partnerships and agreements with various third parties since 2002. The company supplies bioterrorism kits capable of detecting Anthrax, Ricin, Botulinum, plague and SEBs, mold detection kits, chemical detection equipment, radiation detection systems and counter terrorism training sessions. Combining its in-house experience and knowledge…

ThursdayDec 15, 2011 4:53 pm

Single Touch (SITO) and NextGen Partner for New Doctor/Patient Messaging Service

Single Touch Systems, Inc. today announced that they had signed an agreement with NextGen Management LLC to utilize NextGen's network in a way that will allow a new method of mobile communication in the doctor-patient relationship, as well as delivering branded content. Single Touch Systems is a mobile communications provider that is focused on letting marketers reach consumers on multiple internet-connected devices. The company works with businesses, advertisers and brands that want to connect with new and existing consumers using their patented technologies. By combining Single Touch's marketing technology with NextGen's network – consisting of over 50,000 doctors that provide…

ThursdayDec 15, 2011 2:25 pm

Blugrass Energy, Inc. (BLUG) to Purchase Oil and Gas Properties in Oklahoma

Blugrass Energy, Inc. reported that the company has signed multiple letters of intent to purchase oil and gas properties in the Mid Continent area of the United States. These properties contain producing wells as well as undeveloped acreage suitable for exploration and development. Blugrass Energy said that the properties to be acquired are all located in Oklahoma and are prospective for various Mississippian age formations. Blugrass Energy will acquire a 90% working interest in nine producing wells located on a 1,680 acre leasehold in Osage County. The wells had average gross daily production of approximately 53 barrels of oil and…

ThursdayDec 15, 2011 11:39 am

SmallCapVoice: Stakool/Anthus Life Corp. (STKO) Continues to Gain Sales Momentum With Niche and Boutique Retailers

Stakool, Inc., a Florida-based corporation, announced that Anthus Life Corp. continues to add niche and boutique retailers generating immediate revenue and building momentum going into 2012. Anthus Life has recently added more than 35 specialty retailers throughout North America. These retailers are boutique and niche in nature, spanning a spectrum from natural & organic specialty shops to health clubs, gyms and yoga studios. Peter Hellwig, President and CEO of Stakool, Inc., states, “The importance of these additions cannot be understated. Every time we add a retailer, we increase our footprint and brand awareness amongst our target audience. They create a…

ThursdayDec 15, 2011 11:33 am

TiVUS, Inc. (TIVU) Announces Success of Live Hotel TV Ad-Insertions

Shortly after the opening bell, TiVUS announced that for the first time in the industry it has begun the insertion of its own TV commercials on top cable TV channels of the company's satellite based proprietary high-definition (HD) internet-protocol television (IPTV) with ad-insertion platform. "TiVUS' pioneering first ads began running this month," stated Shiva Prakash, TiVUS' chief executive officer. "Based on this success, we believe TiVUS has forever changed the way hotels fund, implement, and leverage in-room TV entertainment technology. "By fully exploiting TiVUS' innovative revenue model, we believe we have successfully demonstrated TiVUS' unique-to-the-industry in-room TV, which places local…

ThursdayDec 15, 2011 11:21 am

Chelsea Therapeutics (CHTP) Awarded Patent Protection for Lead Investigational Drug, Northera

Biopharmaceutical company Chelsea Therapeutics International Ltd. today announced it has received allowance from the U.S. Patent & Trademark Office (USPTO) for its patent application "Threo-DOPS Controlled Release Formulation.” This marks the second major milestone for the company’s intellectual patent portfolio this year. The new claim relates to certain oral, controlled release formations of Northera™, the company’s lead investigational agent for the treatment of symptomatic neurogenic orthostatic hypotension (NOH) in patients with primary autonomic failure, which includes Parkinson's disease, multiple system atrophy (MSA) and pure autonomic failure (PAF). The patent offers protection for a once-a-day Northera from date of issuance through…

ThursdayDec 15, 2011 11:19 am

China North East Petroleum Holdings Ltd. (NEP) Expands Oilfield Production Footprint in Jilin, Moves to Acquire Qian 122

Today, China North East Petroleum, already well positioned in the Chinese oil production market via agreements with PetroChina for the extraction of crude oil at five oilfields in Jilin, reported entry into a share transfer agreement to purchase exclusive exploration and drilling rights to the Qian 122 oilfield in Jilin Province, with China Kinwa High Technology Co., Ltd., and its wholly-owned subsidiary Beijing Shixin Taide Investment Consultancy Co., Ltd. This strategic acquisition expands an already solid footing in Jilin for private oilfield production and services industry adept NEP. This pioneering independent oil company is the first non-state-owned Chinese firm of…

ThursdayDec 15, 2011 10:15 am

Wizzard Media Corp. (WZE) Moves Closer to Finalizing Acquisition of China’s Largest Digital Music Distributer FAB

Wizzard Media, a Pittsburgh based company that provides podcast publishers with distribution and monetization services, announced they are nearing completion of the acquisition of China's leading digital entertainment products provider, FAB. The companies are working through the last due diligence issues and creating the final closing agreements. Once the deal is deemed to meet all regulatory requirements and approved by each company's shareholders, the plan is for the U.S. management team of Wizzard Media, including the CEO and CFO, to remain with the addition of the CEO of FAB, Hongchung Zhang, as Chairman of the Board. John Busshaus, CFO Wizzard…

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