Blog - Page 3402 of 5561

MondayMar 21, 2011 11:23 am

Paradigm Oil and Gas, Inc. (PDGO.OB) to Employ Transportable Enhanced Oil Recovery Platform in First Commercial Agreement

Paradigm Oil and Gas, www.ParadigmOilInc.com – the oil and gas developer which is employing a strategy of focusing on underutilized known resource sites that can be brought up to full potential and exploited via the implementation of new technologies and processes, reported entry today into the first commercial agreement to have been produced by roll out of the Company’s Joint Venture Oil Production Program (JVOPP), which was announced last year in mid-December. The 56 wells targeted by the agreement sit on some 133.4 acres in Navarro County, Texas and comprise a total of three oil leases. President and CEO of…

MondayMar 21, 2011 11:20 am

Advanced Cell Technology (ACTC) Posts 2010 Year-End Results and Highlights

Advanced Cell Technology Inc., a biotechnology company focused on the field of regenerative medicine, today announced its 2010 year-end results for the period ended December 31, 2010. The company said it utilized $8.8 million in cash for operations during the year, a significant bump from the $5.1 million utilized for 2009. The increase is primarily due to activities related to Investigational New Drug (IND) filings and approvals. “2010 was a transformative year for the company, as it received FDA clearance to commence two landmark human studies using a cell therapy derived from embryonic stem cells,” Gary Rabin, Advanced Cell’s interim…

MondayMar 21, 2011 11:03 am

The Evermedia Group, Inc. (EVRM) Video Chart for Monday, March 21, 2011

EVRM has made a big rounded bottom and climbed nicely. A consolidation is happening and holding over the 200dma with the 50dma coming up for what appears to be a "Golden Cross" in the making. Technical traders are on alert for the break of $0.009 to take this stock back to pennyland. To view the video chart, visit the following link: http://www.qualitystocks.net/videocharts.php Let us hear your thoughts below:

MondayMar 21, 2011 10:46 am

Energtek, Inc. (EGTK) Advances Natural Gas Storage and Usage Systems, Poised to Revolutionize Automotive and Other Sectors

Energtek is on the forefront of helping to solve oil consumption by the global motor vehicle market through the development and commercialization of advanced Adsorbed Natural Gas (ANG) Technologies that allow natural gas to be stored at low pressure or in higher quantities. The Company has refined the basic technology, which consists of using a porous material inside the storage vessel like activated carbon and has worked out several key technical challenges to making ANG readily implementable and commercially viable. Every internal combustion engine-based vehicle can burn natural gas; only a simple, inexpensive conversion is required. This makes EGTK’s storage…

MondayMar 21, 2011 9:15 am

American Oriental Bioengineering, Inc. (AOB) Issues Financial and Operating Update

American Oriental Bioengineering, Inc. issued an update on recent financial and operating events at the company. American Oriental Bioengineering, Inc. said that the company’s Board of Directors has approved the share buyback program announced recently by the company. The company now has the authority to repurchase up to $20 million of common stock over the next two years. American Oriental Bioengineering, Inc. has 78.6 million shares outstanding and estimates that the buyback would cover approximately 11.8 million shares using the current stock price. American Oriental Bioengineering, Inc. recently issued financial results for the 2010 fiscal year, and reported sales of…

MondayMar 21, 2011 8:24 am

SAND Technology Inc. (SNDTF) Announces Fiscal Year 2011 Second Quarter Results

On Friday, SAND Technology Inc. reported net income for the three months ended January 31, 2011 at $135,742 on revenues of $2,443,712. This is in comparison to a net loss of $27,951 on revenues of $1,924,251 for the three months ended January 31, 2010. SAND Technology Inc. is an international provider of data management software and best practices. SAND reported income from operations, before foreign exchange and interest, for the three months ended January 31, 2011 at $194,631. This is in comparison to income from operations, before foreign exchange and interest, for the three months ended January 31, 2010 of…

FridayMar 18, 2011 3:28 pm

Cortex Pharmaceuticals (CORX.OB) Shares Surge on Q4, FY2010 Results, Recent Business Highlights

Cortex Pharmaceuticals Inc., a neuroscience company focused on novel drug therapies for treating psychiatric disorders, neurological diseases and sleep apnea, surged more than 21% to close at $0.15 today after the company announced its fourth-quarter and year-end results for 2010. The company reported a net loss applicable to common stock of $(984,000), or $(0.01) per share for the quarter ended December 31, 2010, compared with a net loss of $(1.59 million), or $(0.02) per share for the corresponding prior year period. For the fiscal year ended December 31, 2010, Cortex reported net income applicable to common stock of $(1.62 million),…

FridayMar 18, 2011 2:27 pm

Senetek Plc (SNKTY) Closes Mining Acquisition

Senetek Plc reported that the company has closed on the acquisition of Iron Eagle Acquisitions, Inc., a mining company with assets in the western United States. The company intends to move forward with development of these properties as soon as practical. Senetek Plc issued 8.15 million shares of its common stock and acquired all the outstanding shares of Iron Eagle Acquisitions, Inc., which owns the Gray Eagle Mine in California, and the Iron Creek Property in Idaho. The Gray Eagle Mine is located in Siskiyou County, California, and consists of 344 acres of patented mining claims. The mine has historically…

FridayMar 18, 2011 2:25 pm

Quest Diagnostics (DGX) Acquisition of Celera (CRA) Expected to Grow Leadership Position in Molecular Diagnostics Discovery

Quest Diagnostics Inc., the world's leading provider of diagnostic testing, information and services, and Celera Corp., a pioneer in genetic diagnostics discovery and development, have entered into a definitive merger agreement in which Quest Diagnostics will acquire Celera for $8 per share, or approximately $344 million, net of $327 million in acquired cash and short-term investments. The companies noted that the transaction value may be reduced through the realization of a significant portion of Celera's available tax credit and net operating loss carryforwards and capitalized R&D, which totaled $117 million at the end of 2010. The deal was approved by…

FridayMar 18, 2011 11:46 am

Axion International (AXIH) Inks Deal to Provide Aluminum Giant Alcoa with Proprietary, 100% Recycled Railroad Ties

Axion International, a leading producer of industrial building products and railroad ties made from 100% recycled plastic, today announced it has signed its first order to provide its Recycled Structural Composite (RSC) railroad ties (called sleepers in Australia) to Alcoa Fastening Systems, a subsidiary of Alcoa Inc. (NYSE: AA). Alcoa is one of the largest producers of aluminum in the world and using Axion’s recycled technology will help the leading company implement an environmentally friendly standard to its operations. “We are pleased to announce this new contract-win and look forward to working with Alcoa’s team as we complete our first…

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