FridayOct 29, 2010 10:16 am

Daulton Capital Corp. (DUCP.OB) Finds Positive Gold Indicators at Balarat

Daulton Capital Corp. is a finance company focused on natural resource investments, specifically precious and base metals as well as oil and gas opportunities. The overall goal is to acquire resource projects and expand exploration, while continuing to seek special situations and unique opportunities in under-funded projects within the resource sector. Their specific objective is to partner with major or junior natural resource companies, developing option potentials or joint venture projects. The company recently announced it will exercise its option interest on two major gold projects based in the Yukon Territory of northwest Canada, with the goal of securing a…

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FridayOct 29, 2010 9:59 am

Andy Zeinfeld Joins Spare Backup’s (SPBU.OB) Board of Directors

News broke today that Spare Backup has selected Andy Zeinfeld, CEO of Simplexity, to join its Board of Directors. Spare Backup, Inc. specializes in helping consumers and small to mid-sized businesses protect their computer data quickly, automatically and cost-effectively. A widely recognized and respected leader, Mr. Zeinfeld joins the Board of Directors as a notable person in the wireless industry. At Simplexity, Mr. Zeinfeld oversees the development and execution of all of the company’s long-term growth strategies and the development of earnings opportunities. Additionally, he is responsible for all aspects of Simplexity’s business initiatives including sales, marketing, business development, strategic…

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FridayOct 29, 2010 9:54 am

IDO Security, Inc. (IDOI.OB) Has Answer For British Airways

When the chairman of British Airways recently criticized the increasingly strict U.S. boarding procedures, one of the first things he targeted was the requirement for travelers to take off their shoes. British Transport Secretary Philip Hammond added his own take, indicating his desire to allow airlines to look at ways of easing the boarding process through different security procedures, changing them if they can reduce queuing and offer a better traveler experience. But U.S. officials were quick to point out the importance of such procedures, and how they were jointly agreed on. A simple solution to at least one aspect…

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FridayOct 29, 2010 9:39 am

Simulated Environment Concepts, Inc. (SMEV.PK) Sees Bright Future Ahead

Simulated Environment Concepts believes its positioned for explosive growth over the next two years. As documented by market research, even during these tough times, the viability of the company's products has and continues to be substantiated by the marketplace. SE Concepts continues to broaden its reach and presence in the market place. This was clearly demonstrated during the fourth quarter of 2009 when the company signed a multi-million international deal with the French company, Zen & O, to manufacture 250 SapCapsules over the next four years. Zen & O, which operates approximately 54 franchises for Lady Fitness and other retail…

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FridayOct 29, 2010 8:08 am

WordLogic Corporation (WLGC.OB) Files for Two More Patents

Located in Vancouver, British Columbia, WordLogic is a developer of patent-protected predictive text software used in input and Internet-based search applications. Today, WordLogic took a step towards further prominence with the announcement of the filing of two more patents with others pending. The announcement came from WordLogic CEO Frank Evanshen who states that the patents are in response to media and market inquiries and that the young company expects to receive official notification shortly on these patents from the US Patent and Trademark Office (USPTO). Commenting on the effects these patents will have on WordLogic, Evanshen was quoted as saying,…

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FridayOct 29, 2010 8:05 am

Miller Energy Resources (MILL) Reports on Alaska Oil and Gas Operations

Miller Energy Resources reported that the company has participated in a successful hydraulic fracturing operation on a well in Alaska, with the well responding with a large jump in production. Miller Energy Resources said that Cook Inlet Energy, LLC, a subsidiary of the company, has a 30% non-operated interest in the Three Mile Creek Lease located in the Cook Inlet Basin in Alaska. Aurora Gas, LLC, the operator of the lease, conducted a hydraulic fracturing operation on the Three Mile Creek # 2 well. The company targeted eight formation zones consisting of a total of approximately 125 feet of net…

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FridayOct 29, 2010 8:04 am

Daybreak Oil and Gas, Inc. (DBRM) Reports Oil Discovery in California

Daybreak Oil and Gas, Inc. reported that the company has made a successful discovery of oil at a well being drilled in California. Daybreak Oil and Gas, Inc. is exploring and developing oil and gas properties at the East Slopes project area located in Kern County, California. The company has been focusing on the Dyer Creek area at East Slopes, and recently drilled the Dyer Creek 67X-11 well. Daybreak Oil and Gas, Inc. reported that the Dyer Creek 67X-11 well was drilled to a depth of approximately 2,300 feet and found ten feet of net oil pay in the Vedder…

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FridayOct 29, 2010 8:02 am

Star Gold Corp. (SRGZ.OB) Explores Excalibur, Longstreet Projects in Nevada

Yesterday, Star Gold Corp. informed its shareholders about recent field examinations on its Excalibur and Longstreet projects. The entire management team contributed to these examinations, and after an overview of the geology, mineralization and conditions of the sites, outlined a plan for additional exploration, development and financing. Star Gold Corp., a gold and base metal exploration company, evaluates, develops and acquires gold projects in North America, focusing on the United States, Mexico and Canada. Currently, the company is focusing on the exploration of its Excalibur and Longstreet projects in Nevada. Drilling has been suspended for the rest of the season…

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FridayOct 29, 2010 7:59 am

Western Liberty Bancorp (WLBC) Acquires Service1st Bank of Nevada

Western Liberty Bancorp announced yesterday the successful consummation of their acquisition of Service1st Bank of Nevada. As of the close of business yesterday, Western Liberty Bancorp will operate as a new Nevada financial institution bank holding company and will conduct their operations through their wholly owned subsidiary, Service1st. Furthermore, Western Liberty's common shares will be listed on the NASDAQ Global Market, under the ticker symbol WLBC, today. Mr. William E. Martin, CEO of both Western Liberty Bancorp and Service1st, said, "We are excited to consummate this transaction. We are especially pleased that the combined Western Liberty/Service1st platform will showcase one…

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ThursdayOct 28, 2010 4:04 pm

NeoGenomics (NGNM) Reports Q3 Results, Positive Outlook

NeoGenomics Inc., a provider of cancer-focused genetic testing services, today posted its third-quarter results for the three months ended September 30, 2010. Revenue for the third quarter was reported at $8.7 million, a 19 percent increase over the $7.3 million reported in the third quarter 2009. The company increased its sales and marketing expenses by 11 percent over the third quarter of last year, spending approximately $190,000 on increases in sales and recruiting staff. General and administrative expenses increased 19 percent. The company attributes the increase primarily as a result of additional information technology personnel, R&D activities, and to approximately…

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