Blog - Page 3417 of 5746

MondaySep 26, 2011 8:49 am

Cross Border Resources (XBOR) Updates Texas Oil Activity

Cross Border Resources, Inc. reported an update on the company’s oil and gas activity in the United States where the company is active in various projects in Texas. Cross Border Resources is developing the Wolfberry formation in the Permian Basin and reported that four recent wells were each producing an average of 71 barrels of oil per day. These wells also produced an average of 145 barrels per day of water, for a water cut of approximately 33%. These four Wolfberry wells were completed in August 2011, and were originally considered uneconomic due to excessive water production, which averaged 266…

MondaySep 26, 2011 8:04 am

Multimedia Games Holding Company, Inc. (MGAM) Granted Licenses by Nevada Gaming Commission for Slot Machines in Largest Gaming Market

Multimedia Games Inc., a subsidiary of Multimedia Games Holding Company Inc., announced that the Nevada Gaming Commission has approved manufacturer's and distributor's licenses for the company, moving them one step closer to selling and/or leasing slot machines in the State of Nevada. Multimedia is on track to have its first sales and placement of slot machines in Nevada around October 2012. The last hurdle is that the Nevada State Gaming Control Board's Technology Division needs to review and approve the MForce (TM) platform used by Multimedia Games. Nevada has about 187,000 slot machines in facilities around the state making it…

SaturdaySep 24, 2011 4:07 pm

American Superconductor (AMSC) Highlights Key Achievements supporting Global Reach

Global power technologies company American Superconductor Corp. recently issued an update on its recent performance and accomplishments in the wind power and power grid markets, including its achievement of nearly $100 million in new contracts since the start of the company’s fiscal year on April 1, 2011. Since the beginning of April, the company has signed contracts with wind turbine manufacturers in China, India and Korea. It has also received orders for its grid interconnection and high voltage stability solutions in the U.S. and Europe, reflecting its global market reach. “We are pleased to announce these key accomplishments across the…

FridaySep 23, 2011 2:47 pm

BeaconEquity.com: PharmAthene (PIP) Loses Steam, SIGA Technologies (SIGA) Plows Ahead

Shares of biodefense company PharmAthene Inc. (AMEX: PIP) this morning shed nearly 8% of their gains made yesterday after the company announced that it has been awarded 50% profit split on global sales of smallpox antiviral therapy by Delaware Chancery Court. PharmAthene filed the litigation against SIGA Technologies in the Delaware Court of Chancery back in December 2006. The litigation relates to the company’s interest in ST-246, an orally available smallpox antiviral drug candidate. The court ruled that once SIGA earns $40 million in net profits from net sales of ST-246, PharmAthene will be entitled to 50% of all net…

FridaySep 23, 2011 2:02 pm

E-Waste Systems, Inc. (EWSI) Appoints Steve Hollinshead as CFO

Today, E-Waste Systems, Inc. announced that Steve Hollinshead would be appointed CFO and board member. In this capacity, Hollinshead will be a driving force behind the company's financial strategy and growth. Hollinshead comes from several positions dealing with sustainability. E-Waste Systems, based in London, is focused primarily on waste electric and electronic equipment processing, part of a $55 billion industry dealing with materials that cannot be sent to landfills. Electronic waste regulations in London are among the most strict in the world, giving E-Waste Systems an edge over other such companies worldwide. E-Waste's stance is that current operations are typically…

FridaySep 23, 2011 1:52 pm

BeaconEquity.com: Stop Cryin’ and Start Buyin’ Silver Traders!

Though there still exists economists, portfolio strategists and corporate CEOs who still don’t see or admit to seeing a double-dip coming to America [did you watch CNBC yesterday?], everyone’s favorite sleaze, George Soros, on September 21, told—that very same 24-hour propaganda doubly-sleaze outfit—CNBC, that the U.S. is in “a double dip already.” Sometimes, Soros, too, tells the truth, as long as it aligns well with his fascist global-community agenda. But if you’ve been listening to John Williams of shadowstats.com, you’d already know the fake recovery was just that, fake, and that the worse days for the U.S. are yet to…

FridaySep 23, 2011 1:46 pm

BeaconEquity.com: Red Storm Rising – 5 Chinese Stocks Bucking the Trend

Youku.com Inc. (ADR) (NYSE: YOKU) is an Internet television company, allowing consumers to search, view and share video content quickly and easily across multiple devices. For the second quarter, Youku.com reported net revenue of $30.6 million, representing an increase of 178% over the same period in the previous year. The company’s net loss for the quarter was $4.3 million. Youku.com shares are up sharply in today’s trading. At last check, the stock was trading 18.97% higher at $17.02. The stock fell 27.67% in the last month. Renren Inc. (NYSE: RENN) is a social networking Internet platform in China, generating revenue…

FridaySep 23, 2011 1:33 pm

All American Gold Corp. (AAGC) Targets Nevada’s Rich Soils for Gold Production

The United States ranks No. 6 in global gold production, leveraged by the high-production rate of the nation’s leading gold producing state, Nevada. To gold exploration and mining companies, Nevada is a land of golden opportunity, literally, where an estimated $235 billion worth of gold has been produced at a rate of at least 5 million ounces of gold each year for the past 20 years. In fact, more than 75 percent of the nation’s gold comes from Nevada. In a 2010 published report by the Nevada Mining Association, economist John Dobra referenced Nevada’s historical production levels, and opined that…

FridaySep 23, 2011 12:45 pm

SupportSave Solutions, Inc. (SSVE) Knows the Fast Changing BPO Industry

The business process outsourcing (BPO) industry has gone through significant changes over the last several years, as the economy has made cost cutting at all levels an imperative, forcing BPOs to transition to meet the demand for increasingly high-end services. The multi-billion dollar industry continues to expand, vying to identify and tap geographical areas that offer the most talent for the dollar. A wrong move can mean millions invested in overseas service centers that are uncompetitive. As a result, BPO providers require people intimately familiar with the terrain. SupportSave, a fast growing BPO offering a high-efficiency business model designed to…

FridaySep 23, 2011 12:36 pm

Empire Post Media, Inc. (EMPM) Acquires Hybrid Reality Entertainment

Empire Post Media, Inc., an entertainment company specializing in innovative 3D solutions for television, announced today that it has acquired Hybrid Reality Entertainment, Inc., a creator, developer and producer of reality-based television programming. According to today’s press release, Hybrid Reality will operate as a wholly-owned subsidiary of EMPM. As per the terms of the acquisition, three million restricted shares will be delivered to Richard Mann and Ellen Fontana, Hybrid Reality’s creators, upon execution of the Share Exchange Agreement, pursuant to which Empire will acquire 100% of the shares of Hybrid. When production of the new series “Journey Beyond” commences in…

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