Blog - Page 3422 of 5746

TuesdaySep 20, 2011 12:00 pm

Calpian, Inc. (CLPI) Completes Major Acquisition from First Alliance Payment Processing

Located in Dallas, Texas, Calpian, Inc. has quickly established a reputation as an up-and-coming electronic payment process business. Today, the company took a major step towards prominence with the announcement they have received additional residuals from First Alliance Payment Processing, Inc. This was phase two of a residual acquisition from First Alliance Payment Processing, Inc. (FAPP); the first phase of which was completed by the parties earlier this year in January. In the second phase of this two-part acquisition, Calpian acquired additional residues from FAPP that will generate new recurring revenues to the company in exchange for $140,000 in cash…

TuesdaySep 20, 2011 11:06 am

VelaTel Global Communications, Inc. (VELA) Lines Up Customers in Peru

VelaTel Global, a holding company of various telecommunications carriers in China and Peru, announced today that it has signed up over 7,000 potential customers in Peru, through its subsidiary, Perusat. Peruvians signed up to an “interested customer list” for GO MOVIL, a recently launched wireless broadband 4G network covering seven target cities in Peru. Product samples have been tested and commercial units are due for delivery in the next 15 days, when the company will begin fulfilling orders and generating subscriber revenue. VelaTel CEO, George Alvarez, commented on the high interest in the service, “We are confident that the vast…

TuesdaySep 20, 2011 10:54 am

All American Gold Corp. (AAGC) Lands a Full Page in USA Today

Today, USA Today devoted a full page to All American Gold Corp., including information on seven powerful forces that are jeopardizing our financial system. The financial issues facing our world today are very real and continue to increase the appeal of precious metals as well as mining companies, particularly junior gold companies such as All American Gold Corp. With multiple existing holdings in the gold-rich state of Nevada, all of which are located in known producing gold-rich areas, All American Gold Corp. continually seeks to further increase its portfolio by carefully reviewing and evaluating new gold exploration opportunities in the…

TuesdaySep 20, 2011 8:53 am

Cord Blood America, Inc. (CBAI) Receives Full Licensing

Yesterday, Cord Blood America, Inc. announced that it has received all of the required state licenses and Federal registrations necessary to operate as a cord blood bank in the United States, including licenses from the states of New York, New Jersey, Nevada, Maryland and California. Cord Blood America, parent company of CorCell, is an umbilical cord stem cell preservation company that works with parents who are expecting children. Aiming to be the "most respected stem cell preservation company in the industry", Cord Blood collects stem cells from the umbilical cords of expectant mothers through a non-invasive process. The Company has…

TuesdaySep 20, 2011 8:50 am

ShoreTel (SHOR) Partners with Tech Data Canada to Extend Market Reach, Meet Demand

ShoreTel, a leading provider of IP phone systems, announced it has inked a new distribution agreement with Tech Data Canada, the Canadian subsidiary of Tech Data Corporation. Tech Data Canada specializes in IP telephony, wireless networking and VoIP technologies, and has established a partner base of more than 5,000 technology resellers and solution providers. By partnering with Tech Data Canada, ShoreTel can offer resellers the ability to operate in local currencies and time zones with local inventory, ShoreTel products, and multi-vendor solutions. The agreement also increases the availability of ShoreTel business communications solutions throughout Canada. “Demand is high for an…

TuesdaySep 20, 2011 8:47 am

Sagebrush Gold, Ltd. (SAGE) Leases Unpatented Mining Claims from Centerra Gold

On Monday, Sagebrush Gold, Ltd. and Continental Resources Group, Inc. announced that Sagebrush Gold has leased 24 unpatented mining claims from Centerra Gold. The claims are in the Mt. Springs Mining District, Lander County, Nevada. They are located within and adjacent to Sagebrush Gold's Red Rock 283 claim group. Sagebrush Gold acquired the Red Rock claims on June 8, 2011 and began a 9 hole, 16,000 foot drill program on August 2, 2011. Many gold-in-rock values over 3 grams/ton have been obtained from the Centerra ground with a gold high of 13 grams/ton. Six drill holes have been collared on…

MondaySep 19, 2011 4:16 pm

Advanced Cell Technology, Inc. (ACTC) Receives Patent for New Method of Generating Hemangioblast Cells from Human Stem Cells

Advanced Cell Technology, Inc., a leader in the field of regenerative medicine, announced today that it has received a patent for technology that can generate and expand hemangioblast cells from human embryonic stem cells. ACT says this technology will use stem cells for the creation of renewable sources of transfuseable blood and platelets to meet the demand for donated blood that can repair damage caused by diseases including diabetes, heart disease, osteoarthritis and multiple sclerosis. ACT has an exclusive license for the commercialization of the technology through a joint venture with South Korean biotechnology company CHA Bio & Diostech Co.…

MondaySep 19, 2011 3:57 pm

Nutrastar International, Inc. (NUIN) to Expand Organic and Specialty Food Business

Today, Nutrastar International, Inc. announced that it will be expanding its organic and specialty food consumer products business over the next 12 -18 months. Based in China, the Company is currently the leading producer and supplier of premium branded consumer products (including commercially cultivated Cordyceps Militaris), functional health beverages and organic and specialty food products. Looking ahead into the future, the company will expand the capacity of its organic and specialty food business to a total area of approximately 890,000 square meters. This expansion will occur on Nutrastar’s existing production grounds. The planned expansion will consist of hundreds of greenhouses…

MondaySep 19, 2011 12:59 pm

Scorpex, Inc. (SRPX) to Grow with Mexico’s Rising Economy

Scorpex, Inc. has linked its future to Mexico and the country’s increasing importance to the United States. Scorpex is a developing company, positioning itself as a critical provider of industrial and hazardous waste handling services for the growing Baja Mexico/California region. The expanding need for waste processing in the area is made clear by the reception the fledgling company is receiving, both from the government and regional industry. The company is currently finishing its first facility near Ensenada, Baja, Mexico, and already has more business available than it can handle. Once all of the state-of-the-art processing equipment is installed and…

MondaySep 19, 2011 11:45 am

ERF Wireless (ERFB) Energy Broadband Subsidiary Revenues Grow by 212% Year-over-Year

For the six month period ended June 30, 2011, ERF Wireless recently reported Positive Adjusted EBITDA of $1,136,000. The Company’s Energy Broadband subsidiary expanded significantly during the period, with revenues increasing by $800,000, or 212%. As a result of this growth, ERF Wireless was able to retire some $0.7 million in certain debt and capital leases, resulting in an overall $1.4 million decrease in current liabilities. CFO Richard Royall commented, "We continued to lay the foundation for future growth by partnering with other large wireless network operators to provide wireless broadband connectivity in regions where ERF Wireless does not currently…

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