Blog - Page 3460 of 5673

TuesdayMay 17, 2011 1:33 pm

Extoree Gold Mines Ltd. (XG) Receives Milestone in Mine Development

Extorre Gold Mines Ltd. today announced that the Santa Cruz provincial government has formally approved the Cerro Moro Environmental Impact Assessment (EIA), which was submitted to authorities in September 2010. Extorre said the approval, paired with the receipt of the Project Pre-Feasibility Study expected in June 2011, will enable the company to move forward with advanced engineering and mine development. "The successful permitting of the Cerro Moro gold-silver mine represents an important milestone for Extorre, and is the first step in what we expect will be a straight-forward mine development. Cerro Moro's ideal geographic location and very high grade gold-silver…

TuesdayMay 17, 2011 1:28 pm

Coates International Ltd. (COTE) in Merger Talks with S.W.T. of China

Coates International Ltd., a company that develops spherical rotary valve technology for use in piston-driven internal combustion engines, today announced that company executives recently met with executives from S.W.T. of China in Alberta, China, to discuss a merger between the two entities. S.W.T. is a major industrial engine and generator manufacturer in China with more than 2,000 skilled production workers that produce more than 80,000 units per year, as well as other products. Coates CEO and President George J. Coates and James Pang, the company's exclusive liaison agent to China, met with key players from S.W.T. last week to reach…

TuesdayMay 17, 2011 1:27 pm

Willow Creek Enterprises Inc. (WLOC) Delineates Proposed Drilling Program for Hercules Project in Nevada’s Prolific Walker Lane Mineral Belt

Willow Creek Enterprises, the precious and base metals exploration/development company currently focused on rather sizeable land holdings in Nevada, in addition to actively pursuing the acquisition of promising North American gold projects, outlined today the upcoming drilling program slated to commence in early June 2011 at the Company’s Hercules Gold & Silver Property. The Hercules is situated in prime territory that falls within the prolific Walker Lane Mineral Belt in the southern part of Nevada’s Lyon County and consists of some 88 mining claims on 1,760 acres. An indicated resource of some 583k gold-equivalent ounces makes the Hercules a very…

TuesdayMay 17, 2011 1:09 pm

Top Image Systems Ltd. (TISA) Launches Mobile Banking Solutions

Top Image Systems Ltd., a leading innovator of enterprise solutions for managing and validating content entering businesses from various sources, announced yesterday that it has launched mobile banking solutions that allow financial institutions to better respond to customer demand for mobile-based capabilities using smartphones. Top Image Systems' new solutions offer a variety of applications addressed to meet the unique needs of banks including value-added services such as check deposit, utility bill payment and invoice payment. Top Image Systems solutions comply with financial regulations and provide banks with cutting edge, next-generation technology while continuing to maintain the traditional high security standards.…

TuesdayMay 17, 2011 10:52 am

Advanced Voice Recognition Systems, Inc. (AVOI) is “One to Watch”

Advanced Voice Recognition Systems, Inc. is a software development company based in Scottsdale, Arizona and is publicly traded under the symbol AVOI. Advanced Voice Recognition Systems specializes in creating interface and application solutions for speech recognition, language translation and transcription technology. The company owns a portfolio of patents and patent-pending applications related to these technologies. The company's first patent #5,960,447 includes 42 claims that cover a wide array of features applicable to existing Automatic Speech Recognition (ASR) products and markets. Advanced Voice Recognition Systems' second patent #7,558,530 covers features that the company believes are essential for client server based ASR…

TuesdayMay 17, 2011 10:13 am

Onteco Corp. (ONTC) Video Chart for Tuesday, May 17, 2011

ONTC is at a support level and forming a classic double bottom. A quick glance at the chart will reveal even to the most novice chartist that a large climb came from these levels a few months ago. To view the video chart, visit the following link: http://www.qualitystocks.net/videocharts.php Let us hear your thoughts below:

TuesdayMay 17, 2011 9:21 am

Magellan Petroleum Corp. (MPET) Reports on Worldwide Oil and Gas Operations

Magellan Petroleum Corp. reported an update on the company’s oil and gas operations including production information and recent development activity on its properties in the United States, Australia and the United Kingdom. Magellan Petroleum produced 172 million cubic feet of natural gas and 13,084 barrels of crude oil in the first quarter of 2011 from its Australian properties. The company is currently negotiating natural gas sales agreements to secure a buyer for its natural gas output. Magellan Petroleum is active in the Weald Basin in England and recently participated in the Markwells Wood-1 well, an exploration well in the Horndean…

TuesdayMay 17, 2011 9:20 am

InsPro Technologies Corp. (ITCC) Announces Financial Results for Quarter Ended March 31, 2011

Yesterday, InsPro Technologies Corp. announced their financial results for the quarter ended March 31, 2011. During the first quarter, their liquidity and financial position improved due to the reclassification of $1,152,573 of restricted cash to cash. This was the result of the elimination of restrictions over certain of the Company's bank deposits that served as collateral for expired letters of credit. First Quarter 2011 highlights for the Company include net income of $27,641, or ($0.00) per share basic and diluted, compared with a net loss of $2,954, or ($0.00) per share basic and diluted, in the first quarter of 2010.…

TuesdayMay 17, 2011 9:12 am

VIASPACE, Inc. (VSPC) Announces Q1 2011 Financial Results

VIASPACE Inc. announced today its financial results for the first quarter ended March 31, 2011. Revenues for first quarter 2011 totaled $582,000, which included $534,000 from subsidiary Inter-Pacific Arts (IPA), while cost of revenues was $461,000. Gross profit for the quarter was reported at $121,000. Net loss for the first quarter 2011 was $762,000, less than $0.01 per share. Commenting on the results, VIASPACE Chief Executive Dr. Carl Kukkonen stated, "We reiterate our revenue guidance for IPA for the first-half of 2011. Previously, we announced that revenues for first-half of 2011 would be at least $2.76 million compared with $1.38…

TuesdayMay 17, 2011 8:50 am

Onteco Corp. (ONTC) is “One to Watch”

Onteco Corp. is focused on developing innovative, practical and cost-effective solutions to some of the most significant environmental challenges facing the world today. The company's business strategy is to identify opportunities that promise rapid revenue generation and offer sustainable competitive advantages in the areas of alternative energy generation and energy savings. Earlier this year, Onteco acquired NexPhase Lighting, Inc., a designer and developer of proprietary high quality LED (light-emitting diode) lighting fixtures and control systems for commercial applications. Leveraging proprietary NexSense Technology, the company's superior products provide benefits well beyond the general advantages associated with LED lighting. The control systems…

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