Blog - Page 3407 of 5494

TuesdayJan 04, 2011 9:39 am

OmniReliant Holdings, Inc. (ORHI.OB) Initiates Significant Restructuring and Announces Name Change

OmniReliant Holdings, Inc. announced yesterday that as of December 31, 2010, they have initiated a substantial restructuring to fully reflect their new singular operating model, beginning January 1, 2011. The Company's new management team, throughout the prior year, has changed the Company's operational, business, and financial strategies. This is to reflect the Company's move from an asset acquisition holding company to a singular operating business model as a global Consumer Products company. They are now specializing in building and marketing profitable brands in large consumer product categories via their international direct-to-consumer channels of distribution. Mr. Robert J. DeCecco, the Company's…

TuesdayJan 04, 2011 9:14 am

Uranium Resources, Inc. (URRE) Signs Exploration Lease in Texas

Uranium Resources, Inc. announced that the company has entered a lease agreement to explore for uranium in Texas. The properties being leased also have other mineral potential including crude oil and natural gas. Uranium Resources, Inc. said that the lease agreement covers 53,500 acres in Kenedy County, Texas, and has a term of three years. The company also has an option to lease the acreage for uranium production for eight years if the exploration is successful. Uranium Resources, Inc. said that the properties leased are located in a known area in South Texas that has produced uranium for decades. These…

TuesdayJan 04, 2011 9:01 am

Document Security Systems (DMC) Announces Partnership with Fletcher Asset Management

Document Security Systems Inc., a company engaged in security and protection services that help prevent counterfeiting and brand fraud, today announced that on December 30, 2010, Fletcher Asset Management and its affiliates acquired $4.0 million of DMC’s common stock at $5.29 per share as part of an equity purchase agreement between the two firms. Per the agreement, Fletcher has the right to make an additional equity investment of up to $4 million during the early part of 2011; certain warrants may be exercised for a certain number of years. If exercised, the full potential share purchase, including warrants, if exercised…

TuesdayJan 04, 2011 8:00 am

Beacon Equity Research Featured Company: Vringo, Inc. (VRNG)

Vringo provides software platforms for mobile social and video applications. With its award-winning video ringtone application and other mobile software platforms, including Facetones™, Video Remix and Fan Loyalty, Vringo is transforming the basic act of making and receiving mobile phone calls into a highly visual, social experience. A recent study by the United Nations estimated there are 5 billion global mobile subscribers. According to Cisco, mobile video data usage will grow at a 131% compound annual growth rate from 2009 to 2014. Vringo aims to capitalize on the sizable market opportunity for mobile social and video technology with its array…

MondayJan 03, 2011 3:40 pm

DemandTec, Inc. (DMAN) Acquires Applied Intelligence Solutions Assets, Boosting Product Portfolio and Offering

DemandTec Inc. serves as a network for retailers and consumer products companies, providing common tools to transact, interact and collaborate on core merchandising and marketing activities. The company today announced it has acquired all assets of Applied Intelligence Solutions LLC (AIS), a developer of intelligent software solutions for the retail enterprise focused primarily on softline retailers. The deal gives DemandTec ownership of the intellectual property designed to apply complex pattern recognition techniques to softline and other short lifecycle retail categories. The deal also equips DemandTec with additional industry expertise in software application development for retail softlines. "Adding AIS's advanced pattern…

MondayJan 03, 2011 3:29 pm

Daulton Capital Corp. (DUCP.OB) Finds Encouragement From Nearby Gold Discoveries

Daulton Capital Corp., a natural resource finance company specializing in gold and other minerals, as well as oil and gas, continues to track activity in claims close to its properties in the Klondike Gold region of the Yukon. The company has the objective of putting together option and joint venture projects with various natural resource companies, from exploration through to production, with its current focus on gold properties in the Yukon Territory of Canada. Recently they noted a significant gold discovery by Northern Tiger Resources near Daulton’s Hunker property (Crown Jewel Claim). The discovery listed 14.8 g/t gold over 10.9…

MondayJan 03, 2011 3:13 pm

Beacon Equity Research Featured Company: PeopleString Corp. (PLPE)

PeopleString Corp. is focused on creating technologies that empower individuals to leverage their social networks to capitalize on the best national and local deals. The company’s patent pending "Share It Up" technology harnesses the power of social media to create coupons that go up in value when shared. Unlike similar business models, PeopleString shares the revenues it generates from online advertising, shopping and product sales with its members. The company also provides financial incentives for users to create a personal affiliate network by referring friends and businesses. Let us hear your thoughts: PeopleString Corp. Message Board

MondayJan 03, 2011 2:23 pm

Alberta Star Development Corp. (ASXSF.OB) Wraps Up Phase 2 of the Drilling Program in Landrose, Saskatchewan

Alberta Star, www.alberta-star.com – the Canada-based exploration and development company focused on oil resources in Western Canada and advanced stage mineral projects in North America, recently reported the drilling, casing and completion of three wells, as part of an ongoing Phase 2 drilling program at the Company’s site in Landrose, Saskatchewan. This makes for a 100% success rate in Phases 1 and 2 at Landrose, where the Company not only has completed the wells on time and within budget, but set itself up for Phase 3 drilling, which is slated to commence early this year. Excellent news considering the Company’s…

MondayJan 03, 2011 1:43 pm

ON Semiconductor Corp. (ONNN) Completes Strategic Acquisition of SANYO Electric Subsidiary

ON Semiconductor Corp. today announced it has completed its $144 million acquisition of SANYO Semiconductor Co., Ltd., a subsidiary of SANYO Electric, including assets related to SANYO Electric’s semiconductor business. The acquisition adds meat to ON Semiconductor’s product portfolio with the addition of new capabilities for the consumer, automotive and industrial end-markets. Keith Jackson, president and CEO of ON Semiconductor, said the deal reflects ON Semiconductor’s broader efforts to expand its market reach, and that the acquisition of SANYO Semiconductor is in line with the company’s changing focus. “The combination with SANYO Semiconductor represents an important step in the continued…

MondayJan 03, 2011 11:24 am

China Integrated Energy Inc. (CBEH) to Expand Biodiesel Production Capacity

China Integrated Energy Inc. is a leading integrated energy company in China. The company is engaged in three business segments: the production and sale of biodiesel, the wholesale distribution of finished oil and heavy oil products, and the operation of thirteen retail gas stations. The company announced today that it has signed a non-binding letter of intent to acquire all the assets of Hainan Lin Gao Chemical Company Limited. China Integrated Energy plans to build a 300,000 ton biodiesel plant at this facility in Hainan Province. The company is performing due diligence, and expects to complete the acquisition by the…

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