Blog - Page 3474 of 5492

TuesdayOct 19, 2010 1:43 pm

Strategic American Oil Corp. (SGCA) Locates Promising Drilling Target in Illinois Basin

Strategic American Oil, www.strategicamericanoil.com – the growth-stage oil and natural gas explorer/producer with major operations in Texas, Louisiana and Illinois, today reported identification of a new oil drilling target in the Illinois Basin at Pinnacle Reef. The P4 Reef Prospect, as it has been named, is at depths from 2-2.5k ft, and was developed via coal exploration data in conjunction with Illinois State Geologic Survey (ISGS) information. Plans are for SGCA to lease some 600 acres over the prospect and then begin a drilling program with the goal of evaluating subsurface geology. Data generated from coal drilling indicates a massive…

TuesdayOct 19, 2010 1:37 pm

Astec Industries, Inc. (ASTE) Reports Third Quarter of 2010 Financial Results

Astec Industries, Inc. reported year over year increases in sales and net income in the third quarter of 2010. The company also reported a backlog of $145.6 million at the end of the quarter, up one percent from last year’s third quarter. Astec Industries, Inc. reported sales of $177.9 million in the quarter ending 9/30/2010, compared to sales of $166.1 million in the corresponding quarter of 2009. Domestic sales fell slightly on a year over basis to $98.6 million in the quarter that just ended, from $101.3 million in the third quarter of 2009. Astec Industries, Inc. saw a large…

TuesdayOct 19, 2010 1:36 pm

Cannabis Science, Inc. (CBIS.OB) is “One to Watch”

Cannabis Science Inc. is an emerging cannabis pharmaceutical company that trades on the OTC Bulletin Board. They are at the forefront of medical marijuana research and development. With headquarters in Colorado Springs, California, the company works with world authorities on phytocannabinoid science targeting critical illnesses. Phytocannabinoids - also called natural cannabinoids, herbal cannabinoids, and classical cannabinoids - are only known to occur naturally in significant quantity in the cannabis plant. They are concentrated in a viscous resin produced in glandular structures known as trichomes, and are most prevalent in the flowers of the female plants. Cannabis Science, Inc.'s dedication is…

TuesdayOct 19, 2010 1:21 pm

Solar EnerTech Corp. (SOEN.OB) Reports Preliminary Revenues and Volumes for Fourth Quarter and Fiscal Year 2010

Located in Mountain View, California with a manufacturing facility at Jinqiao Modern Technology Park in Shanghai, Solar EnerTech is a leading manufacturer of photovoltaic solar energy cells. Today, Solar EnerTech took a step towards prominence with the announcement of their volumes and revenues for the fourth quarter and fiscal year ending September 30, 2010. For the fourth quarter, the company expects to report volume of solar modules shipped at 9.5MW and net revenue of $17.5 million, which is a significant improvement from a year ago. Solar EnerTech anticipates $69.3 million in net revenue for 2010. This shows major improvement for…

TuesdayOct 19, 2010 1:16 pm

National Automation Services (NASV.PK) is Ready to Roll

National Automation Services, a process automation control solutions company seeking to grow nationally from its base in the Southwest, is now able to move forward with plans for expansion. The steps required to become a fully reporting company, though critically important to their presence in the investor market, limited National in what it could do strategically. Now that the process is completed, and the company is fully reporting, they are ready to roll with their originally stated strategy of both geographical and industrial expansion. National has already begun its move into California. They are currently designing and building control systems…

TuesdayOct 19, 2010 12:19 pm

XsunX, Inc. (XSNX.OB) Achieves High Efficiency in CIGS-based Solar Cell Fabrication Technology

XsunX Inc. develops advanced, thin-film photovoltaic (TFPV) solar cell technologies and manufacturing processes, and focuses on utilizing its Copper Indium Gallium diSelenide (CIGS) solar thin films to deliver low-cost, high-yield solar cell manufacturing methods. The company today announced the fabrication of cells based on its CIGSolar™ technology, resulting in a conversion rate of more than 14 percent. This supports the company’s assertion that small-area, co-evaporation production provides superior CIGS-based solar cells necessary to compete with and potentially replace silicon photovoltaic (PV) technologies. "In only a few short months since adding our new co-evaporation capability and control approach to our CIGS…

TuesdayOct 19, 2010 12:17 pm

Ohio Valley Banc Corp. (OVBC) Reports Third Quarter of 2010 Financial Results

Ohio Valley Banc Corp. reported net income of $0.4 million, or $0.10 per diluted share, in the third quarter of 2010, compared to net income of $1.7 million, or $0.43 per share, in the corresponding quarter of 2009. The management of Ohio Valley Banc Corp. attributed the large decrease in net income on a year over year basis to a higher provision to the allowance for loan losses in the third quarter of 2010. The bank also saw lower income in both its mortgage business and bank owned life insurance segment. Ohio Valley Banc Corp. added $1.3 million to its…

TuesdayOct 19, 2010 10:58 am

Big Screen Entertainment (BSEG.PK) Set for DVD Release of Thriller “Rule of Three” Before Halloween

Big Screen Entertainment Group announced the release date for its mystery/thriller “Rule of Three” for October 25, 2010, just before Halloween. The award winning film directed by Eric Shapiro will be distributed across the United States on DVD. The film noir is supported by screenplay writer, Rhoda Jordan (“Aquanoids,” “Never Die Alone” with DMX), and takes place in a sleazy motel room in a plot that weaves back and forth through three periods in time as a grieving father desperately searches for his missing daughter (Jordan). “Rule of Three” premiered in July 2008 at the Fantasia Festival, and had its…

TuesdayOct 19, 2010 10:55 am

Neurocrine Biosciences’ (NBIX) VMAT2 Program to Move Into Phase II Clinical Trials

Yesterday, Neurocrine Biosciences Inc., a biopharmaceutical company that specializes in neurological and endocrine diseases and disorders, announced that it passed its second Phase I clinical trial of its compound NBI-98854, a drug that inhibits VMAT2. The successful testing on healthy volunteers means Neurocrine can proceed with Phase II testing. VMAT2 is a protein found in the human brain that is responsible for moving monoamines (chemicals like dopamine, norepinephrine, serotonin, and histamine) to nerve cells. NBI-98854 is a new kind of VMAT2 inhibitor that measures dopamine release to nerves, while having a minimal effect on the other kinds of monoamines in…

TuesdayOct 19, 2010 10:33 am

Mobile Star Corporation (MBST.OB) Brings Excitement Back to Karaoke Craze

According to viewer statistics, the single biggest thing on television, arguably drawing in more viewers than everything else combined, is the juggernaut known as reality TV. And nothing is bigger than the king of reality TV, the phenomenon known as American Idol. It’s one of the highest ranked shows in the entire history of television, and part of a franchise that has now gone around the world. Over 100,000 people from all over America audition for American Idol every year in a desperate attempt to simply get on the show. Some researchers have gone so far as to call it…

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