Blog - Page 3424 of 5676

WednesdayJun 22, 2011 12:26 pm

Far East Energy Corp. (FEEC) Offers Update on Drilling at Shouyang Block in China, Announces Operational Overview Conference Call

Far East Energy Corporation, the Houston, Texas-based energy developer focused on rich coalbed methane resources in China, with offices in Beijing, Kunming, and Taiyuan, offered an update on drilling activities at the Company’s Shouyang Block today in addition to providing details of an upcoming conference call on the subject. Drilling has gone well, with two new wells mapping the #15 coal seam’s extremities in the farthest eastern and southern portions of the block to be drilled to date by FEEC. These new wells provide a better consolidated view of the overall permeability of the #15 coal seam at a considerable…

WednesdayJun 22, 2011 11:48 am

China Nutrifruit Group Ltd. (CNGL) to Upgrade Glazed Fruit and Juice Concentrate Production Lines

China Nutrifruit Group Ltd. is a leading producer of premium specialty fruit-based products in China. The company's food and drink products are processed primarily from fruits grown in northeast China including golden berry, crab apple, blueberry and raspberry. The company today announced that it is currently making technological upgrades to its glazed fruit production line in Daqing and concentrate juice production line in Mudanjiang. China Nutrifruit expects to complete the upgrade process by next month. It estimates that the total capital expenditure for the upgrades to be approximately $4.9 million. As part of the upgrade process, China Nutrifruit is currently…

WednesdayJun 22, 2011 11:42 am

General Steel Holdings, Inc. (GSI) Video Chart for Wednesday, June 22, 2011

GSI appears to be trying to find a bottom with support in the area of $1.45. The video provides dialogue about different ways to try and find a bottom play in early stages as compared to our typical “positive divergence” format. To view the video chart, visit the following link: http://www.qualitystocks.net/videocharts.php Let us hear your thoughts below:

WednesdayJun 22, 2011 11:41 am

Cross Border Resources Inc. (XBOR) Announces Multimillion Budget for Second Half Drilling

Located in San Antonio, Texas, Cross Border has quickly made a name for themselves as a leading oil and gas exploration company. Today, Cross Border took a major step towards prominence with the announcement they will budget $7.4 million for drilling in the second half of this year. The largest share of second-half drilling, six wells, will target the unconventional Bone Spring play in southeastern New Mexico. In West Texas, five wells are scheduled for the Wolfberry. Working interest in the wells varies from 100 percent to 3 percent. Leading the way at Cross Border is E. Will Gray II…

WednesdayJun 22, 2011 11:11 am

Daybreak Oil and Gas, Inc. (DBRM) Secures Financing for Oil and Gas Project

Daybreak Oil and Gas, Inc. reported that the company has secured financing through a loan commitment agreement with an unidentified lender. The funds will be used to advance selected oil and gas projects under development as well as other corporate purposes. Daybreak Oil and Gas said that the loan is for $3.5 million and has a term of three years. The company is required to make monthly payments on the loan with interest calculated at a rate of 6% per year, and the full principal due at the end of the term. Daybreak Oil and Gas is pledging the company’s…

WednesdayJun 22, 2011 9:41 am

Solar Energy Initiatives, Inc. (SNRY) is “One to Watch”

Solar Energy Initiatives, Inc. is a developer of solar photovoltaic installations. The Company provides these services through their wholly owned subsidiary, SNRY Power. SNRY is a developer and manager of municipal and commercial scale solar projects. Solar Energy Initiatives, Inc. is based in Ponte Vedra Beach, Florida. The Company has a five-step vetting process for potential installations. Each one begins with a Project Evaluation and Assessment. If the assessment has good marks, the Company then proceeds into the site and financial review stage. Upon completion of that stage, they then proceed to a Letter of Intent (LOI) for the project.…

WednesdayJun 22, 2011 9:01 am

Inergetics, Inc. (NRTI) is “One to Watch”

Inergetics, Inc. is a leading developer of nutritional supplements for the Clinical Nutrition and Sports Supplement markets. The Company has established a line of Resurgex products. These consist of proprietary nutritional formulas, which a wide array of clinical patients and consumers use. Inergetics, Inc. has their headquarters in Paramus, New Jersey. The Company's products deliver healthful, whole-food calories and do not contain high-fructose corn syrup or corn oil. These ingredients have been shown to correlate with an increase in obesity and a promotion of insulin resistance, and they are implicated in inflammation and cancer. In addition, the use of high…

WednesdayJun 22, 2011 8:58 am

Local.com Corp. (LOCM) Appoints Mark Wallin as Vice President, Product Development

Today, leading online local media company, Local.com Corp., announced that Mark Wallin has been appointed to be the company’s new Vice President, Product Development. Local.com also announced that the company plans to expand its product portfolio for local businesses. These new initiatives are designed to help local businesses increase their online visibility and more effectively communicate with their customers and target audiences. Mr. Wallin will lead Local.com’s product development initiatives, including defining and refining their product strategies, processes and objectives. He also will orchestrate the launch of products intended to support the company’s growth. Wallin has more than 15 years…

WednesdayJun 22, 2011 8:54 am

Eagle Ford Oil & Gas Corp. (ECCE) Announces Acquisition of Sandstone Energy, LLC

Yesterday, Eagle Ford Oil & Gas Corp. announced that they acquired Sandstone Energy, LLC, in exchange for 17,857,113 shares of Common Stock of the Company. Following the acquisition, the shares issued to the former owners of Sandstone constitute 82 percent of the Company's common stock. Sandstone Energy, LLC was privately held until the acquisition. In connection with this acquisition, Paul Williams became the Chief Executive Officer, and Ralph "Sandy" Cunningham Jr. became the President and Chief Operating Officer, of Eagle Ford Oil & Gas Corp. In addition, Mr. Williams and Tom Lipar were added to the Board of Directors of…

WednesdayJun 22, 2011 8:50 am

Sky Power Solutions (SPOW) Enters Into Research and Development Phase for Residential Electric Power Station

Sky Power Solutions, a company that engages in developing rechargeable lithium-ion batteries for power production in the U.S., has announced that it has entered into the research and development phase to create a residential electric power station for retail sale capable of producing more than 2W in full sunlight. Electric consumption in the US has been increasing at a rate that will outpace the anticipated expansion of the US Electric Grid’s capacity and Sky Power Solutions is prepared to expand into the Residential Electric Power Generation market in order to allow users to generate and return 30-40% of the electricity…

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