Blog - Page 3432 of 5675

TuesdayJun 14, 2011 9:21 am

GameCorp Ltd. (GAIMF) Announces Intention to Significantly Reduce Ownership Position in InterAmerican Gaming Inc.

On Monday, GameCorp Ltd. announced that they intend to reduce significantly the Company's ownership position in InterAmerican Gaming Inc. (IAGM). At present, GameCorp Ltd. holds 30,662,600 common shares of IAGM representing an approximate 45 percent interest. In addition, IAGM owes GameCorp and their subsidiaries approximately $850,000. This debt will undergo restructuring once the new shareholders of IAGM determine how they will proceed in restructuring the company. The shares and the debt are currently valued on GameCorp Ltd.'s balance sheet at zero. The transaction will occur privately and the shares will sell to a group of investors led by Mr. Marc…

TuesdayJun 14, 2011 8:44 am

Is the QSTwit Community Following Your Tweets?

QualityStocks recently introduced QualityStocksTwits (“QSTwits”), a Web 2.0 site that collates Twitter’s investment discussions in real-time, enabling investors to track the web’s savviest investors as well as build their own following. QSTwits gathers data from Twitter on any company, big or small. With QSTwits, users can eavesdrop on what traders are talking about right now or contribute to the conversation and build their own reputation. It also allows anyone to search the Twitter universe for tweets relating to a particular stock and use Twitter’s features directly within the application. Investors will also be able to quickly see which stocks are…

MondayJun 13, 2011 4:16 pm

SPI Solar, Inc. (SOPW) and LDK Solar Co., Ltd. (LDK) Team up with KDC Solar to Power NJ, NY Projects

SPI Solar, Inc. today announced that it, along with its majority shareholder LDK Solar Co., Ltd., has inked a deal with KDC Solar in which SPI and LDK will be KDC Solar’s preferred EPC solar panel provider in New Jersey and New York. The 3-year agreement is valued at up to $750 million, and stems from a December 2010 agreement in which SPI was selected to build a project managed by KDC Solar. This project led to discussions between the two companies and ultimately led to the current agreement. KDC Solar’s current pipeline in the New Jersey market already exceeds…

MondayJun 13, 2011 3:55 pm

Accuray, Inc. (ARAY) Acquires TomoTherapy, Inc. (TOMO) to Boost Industry Offerings and Opportunity

Radiation oncology company Accuray, Inc. today announced it has completed its acquisition of TomoTherapy, Inc. to create a premier radiation oncology company with best-in-class technologies to fight cancer. The combined company will focus on the development, manufacturing and selling of personalized, leading-edge treatment solutions, including high-precision radiosurgery and image-guided, intensity modulated radiation therapy. "The successful closing of this transaction is a significant accomplishment and an important milestone in Accuray's history. Scale is important in the capital equipment industry, and today Accuray's installed base more than doubles, generating greater opportunity for service revenue and for replacement business over time to customers…

MondayJun 13, 2011 3:48 pm

China Gengsheng Minerals, Inc. (CHGS) Earns $4.2 Follow-On Fracture Proppants Contract with AMSAT International

China Gengsheng Minerals, Inc., a developer, manufacturer, and retailer of a range of mineral-based heat-resistant products for various industrial applications, announced that it has earned a $4.2 million follow-on fracture proppants supply contract from AMSAT International, a technology company based in Florida that specializes in advanced ceramics. The company will initiate the shipping of fracture proppants with this new contract in July of 2011, and expects to supply approximately 1,500 metric tons a month through December of 2011. "This represents our fourth supply contract with AMSAT, and we are proud that they continue to recognize GengSheng as a long-term, value-added…

MondayJun 13, 2011 3:42 pm

PURE Bioscience, Inc. (PURE) Takes Control of Sales Operations in Response to Flubbed Alliance Agreement

PURE Bioscience, Inc., developer of low toxicity bioscience products and antimicrobials, today announced it has taken direct control of the sales of its patented silver dihydrogen citrate (SDC) antimicrobial after the company’s alliance with Richmont Sciences LLC fell short of expectations. PURE's current alliance agency agreement with Richmont will default later this month on the grounds that Richmont failed to sell PURE’s products under the brand IV-7; PURE also noted that Richmont failed to pay PURE for delivered products. "Although we had high expectations and great confidence in Richmont at the time of their engagement, its subsequent anemic sales results…

MondayJun 13, 2011 2:27 pm

Harvard Professor’s Interview Lends Impetus to 22nd Century Group, Inc.’s (XXII) Very Low Nicotine Tobacco

22nd Century Group, Inc., a plant biotechnology company whose proprietary technology enables genetic engineering of levels of nicotine and related alkaloids in the tobacco plant, lately received strong academic support from the opinions of a Harvard professor. The company owns or exclusively controls 98 issued patents in 79 countries where at least 75% of the world's smokers reside. In the May edition of The Harvard Gazette, public health professor Gregory Connolly argued for action by the FDA to massively reduce the permitted nicotine levels in cigarettes from seven milligrams to 0.3 milligrams, or about the level found in a tomato.…

MondayJun 13, 2011 2:10 pm

MusclePharm Corp. (MSLP) Aims for High-Reputation Products

As can be guessed from the name, MusclePharm is a company dedicated to nutrients important to bodybuilding and general fitness. Based in Colorado, MusclePharm researches, develops, produces and distributes its own line of supplements that are emphasized to be 100% free of banned substances. The company is expanding from the dedicated bodybuilding market into the general fitness and even weight-loss markets. One of the more impressive aspects of the company’s operations is the extent of their evaluation of supplement candidates before allowing them to carry the MusclePharm name. The supplements are comprised of amino acids, herbs, and proteins scientifically tested…

MondayJun 13, 2011 11:43 am

Miller Energy Resources, Inc. (MILL) Reports Update on Finances and Oil and Gas Activity

Miller Energy Resources, Inc. issued a financial update and disclosed additional details on its oil and gas exploration and development activities in the United States. The company closed on a $100 million credit facility with a group of institutional investors. The two year facility is being funded by Guggenheim Corporate Funding, LLC, Citi and Bristol Investment Fund, Ltd. Miller Energy Resources said that the credit facility has an initial base of $35 million and is secured by the company’s assets. The company said that the funds will be used to develop oil and gas assets in Alaska and for the…

MondayJun 13, 2011 10:54 am

Genesis Biopharma Inc. (GNBP) Appoints New Member to Its Board of Directors

Genesis Biopharma Inc. is a biotechnology company developing targeted cancer therapies. The company is working on a targeted anti-CD55 cancer therapeutic, whose parent antibody has been used extensively in humans as a cancer diagnostic. The parent antibody has been shown to be safe and highly selective in identifying various tumors including colorectal, breast, gastric and lung cancers. The company today announced that it has named Martin Schroeder to its Board of Directors. Mr. Schroeder is a business consultant with more than 30 years of experience advising healthcare companies with regard to corporate strategy, strategic partnerships, marketing and business development, competitive…

Site Search

Company Search