Blog - Page 3474 of 5556

TuesdayDec 28, 2010 12:47 pm

Gasoline Prices Rise to a Seasonal Record

Oil prices fell from a two-year high on Monday after China announced its second interest rate hike since October to control inflation. Oil prices fell on concerns over a slowdown in China's booming economy. China is now the world's second largest consumer of oil, next to the United States, and its rate of oil usage is growing faster than that of the US. However, it is a different story for gasoline prices, which continued to climb higher. Nationwide, the average price for a gallon of a gasoline rose to $3.052. A year earlier, pump prices nationally were 44.5 cents lower.…

TuesdayDec 28, 2010 12:40 pm

Solar Energy Initiatives (SNRY.OB) Signs $1.2 Million Letter of Intent for Solar PV PPA Project

Solar Energy Initiatives, Inc. announced this morning that they have inked a Letter of Intent (LOI) to complete a solar PV PPA project with a Delaware Charter School. This project is expected to generate approximately $1.2 million in revenue for the Company with the anticipated completion date slated for the fall of 2011. Solar Energy Initiatives will serve as the developer for the project, which is designed to reduce carbon dioxide emissions by 500 tons per year. The system is planned for up to 300 kilowatts of roof-mounted solar panels and will require over 1,300 solar panels to complete. As…

TuesdayDec 28, 2010 12:32 pm

Simulated Environment Concepts, Inc. (SMEV.PK) Offers Exceptional Opportunity For Growth

With certain industries there is one top-of-the-line product, and then there is everything else. Such is the case with SpaCapsule®, the self-contained personal sensory environment and anti-stress hydro-massage system offered by Simulated Environment Concepts (SE Concepts). Although not the first system of its kind, SpaCapsule clearly stands alone in its superior design and functionality. Protected by various American and international patents, there’s simply nothing quite like it, a uniquely integrated combination of hydro massage, audio/visual stimulation, and aroma therapy. As a result, SE Concepts is expected to see explosive growth over the next few years, as the company cashes in…

TuesdayDec 28, 2010 11:28 am

Lucas Energy, Inc. (LEI) Raises Capital in Equity Offering

Lucas Energy, Inc. announced an agreement to raise capital through the sale of common stock and warrants in a direct registered offering to a group of institutional investors. The deal is expected to close before the end of 2010. Lucas Energy, Inc. will issue 2.5 million units at a price of $2.38 per unit, raising approximately $5.6 million in net proceeds for the company after commissions and expenses. One of the institutional investors associated with the deal is Hall Phoenix Inwood Ltd., which is owned by Hall Phoenix Energy, LLC. This entity is involved in a joint venture with Lucas…

TuesdayDec 28, 2010 10:08 am

China TransInfo Technology Corp. (CTFO) Contracted to Develop a Commercial Operation Center for Beijing Traffic-Information Service

Today, China TransInfo Technology Corp. announced that its subsidiary, Beijing Zhangcheng Science and Technology Co., Ltd. (”Beijing Zhangcheng”), has signed a contract with the Beijing Transportation Information Center to develop a commercial operation center to provide dynamic traffic-information services to drivers in Beijing. Valued at RMB 6.2 million (approximately $0.9 million), the contract will be classified within the company’s traffic information service business. The Commercial Operation Center will include the traffic information-service distribution platform, a customized commuting-service demonstration system, and the launch of 500 interactive dynamic navigation terminals, which are expected to be completed by the end of next year.…

TuesdayDec 28, 2010 10:02 am

Sinovac Biotech Ltd. (SVA) Announces SFDA Approval to Commence Clinical Trials for Enterovirus Type 71 Vaccine

Sinovac Biotech Ltd., a leading provider of biopharmaceutical products in China, announced this morning that it received approval from the China State Food and Drug Administration (SFDA) to commence clinical trials for its proprietary inactivated EV71 vaccine against Hand, Foot and Mouth Disease (HFMD). Sinovac must conduct each phase of the human clinical trials in accordance with SFDA requirements, conduct studies to assess safety and immunogenicity in the phase I and II clinical trials, and conduct efficacy study in the phase III clinical trial. The company filed the application to commence human clinical trials for its inactivated EV71 vaccine in…

TuesdayDec 28, 2010 9:04 am

MabCure, Inc. (MBCI.OB) Video Chart for Tuesday, December 28, 2010

MBCI has been making a large double bottom over the last three months. The previous time the stock price bottomed in this area, it was followed by a 100% move to over 80 cents. To view the video chart, visit the following link: http://www.qualitystocks.net/videocharts.php Let us hear your thoughts below:

TuesdayDec 28, 2010 9:03 am

China SHESAYS (CSAY.OB) Introduces CEREC AC; Anticipates Solid Presence in Cosmetic Dentistry Industry

China SHESAYS Medical Cosmetology Inc. operates a network of specialized medical cosmetology hospitals, clinics and skincare centers in Sichuan province, China. The company yesterday announced that it has recently unveiled its CEREC AC porcelain teeth 3D restoration robot at its flagship hospital in Chengdu. The introduction establishes China SHESAYS as the first medical cosmetology company in China to apply this dental instrument to cosmetic dentistry procedures. The CEREC AC robot is a dental restoration system primarily used for making porcelain prosthetic teeth, providing rapid imaging results by leveraging the CEREC Bluecam technology to capture highly detailed images of dental conditions…

TuesdayDec 28, 2010 9:02 am

Orange 21, Inc. (ORNG.OB) Highlights 2010 Promissory Note and Proceed Allocation

Orange 21 Inc., a leading designer, producer and distributor of products for action sports under the brands Spy Optic, O’Neill and Margaritaville, last week announced that its wholly owned subsidiary Orange 21 North America Inc. (O21NA) issued a $7.0 million promissory note to Orange 21 shareholder Costa Brava Partnership III, LP. The promissory note replaces the promissory note of $3 million in March 2010; $1 million promissory note in October 2010; and the $1 million promissory note in November 2010. The $7 million promissory note provides an additional $2 million in proceeds. The promissory note is subordinated to O21NA’s loan…

TuesdayDec 28, 2010 8:25 am

National Automation Services Inc. (NASV.PK) Provides Full Spectrum of Services to Improve Productivity and Profitability

National Automation Services Inc. is a leader in industrial automation and systems integration. As a provider of systems integration in the industrial controls sector, the company's goal is to build a North American portfolio of automation and controls companies across the continent which specialize in the design and implementation of industrial control systems. The company is an elite system integrator, Allen-Bradley solutions provider, Siemens solution partner and UL (Underwriters Laboratories) certified panel facility. Aligning with nationally recognized regulatory bodies gives the company significant marketplace credibility and the highest standards for its products and services. National Automation Services is committed to…

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