WednesdaySep 08, 2010 2:29 pm

Keyuan Petrochemicals, Inc. (KYNP.OB) Breaks Ground on New SBS Facility to Meet Rising Demand

Keyuan Petrochemicals, a Qingshi Chemical Park, Ningbo, Zhejiang-based leader in the Chinese petrochemical sector, has a current annual refining capacity of some 550k metric tons in over five categories, from BTX aromatics and MTBE to propylene, styrene, and other chemicals. Always looking to strategically expand output, KYNP announced today that construction has begun on a new Styrene-Butadiene-Styrene (SBS) facility. Chairman and CEO of KYNP, Chungfeng Tao, cited rising demand across China’s market for SBS as a component in shoe soles, tire treads and other applications requiring a durable hard rubber. Current production of SBS in China is roughly 600k MT/year,…

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WednesdaySep 08, 2010 2:25 pm

Universal Detection Technology’s (UNDT.OB) Biological Detection Equipment Purchased by Boeing

Universal Detection Technology is a developer of early-warning monitoring technologies to protect people from bioterrorism and other infectious health threats. In addition, the company is also involved in other aspects of homeland security including being a provider of counter-terrorism consulting and training services. The company reported today that it has received a purchase order for its 5-agent biological detection equipment from Boeing Service Company, a fully-owned subsidiary of Boeing Defense. The detection equipment is designed to check for anthrax, ricin, botulinum, Y pestis (plague) and other bio-hazards in as little as three minutes. Universal Detection Technology's bio-detection kit was recognized…

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WednesdaySep 08, 2010 2:22 pm

IR BioSciences Holdings Inc. (IRBS.OB) Subsidiary Announces Positive Immune Response of Lead Compound Homspera

ImmuneRegen BioSciences Inc., a wholly owned subsidiary of IR BioSciences Holdings Inc., today updated recent results of a study for its lead compound Homspera®. In combination with a DNA vaccine using Scancell’s patented ImmunoBody® technology, Homspera significantly improved the immune response of the vaccine in an animal model. ImmuneRegen said it's currently conducting follow-up studies to optimize Homspera’s efficacy in enhancing the next generation of Scancell's cancer vaccines. Scancell recently started a phase I clinical trial for SCIB1, its novel product in development for the treatment of melanoma centered on its ImmunoBody technology. Scancell's Immunobody technology is unique in that…

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WednesdaySep 08, 2010 1:57 pm

BioLargo (BLGO.OB) Agrees to National Distribution of “Odor-No-More”

BioLargo, Inc. announced today that national distribution of its award-winning animal bedding additive, Odor-No-More™, has begun through an agreement with Lextron Animal Health. This is the fourth distribution agreement with a large distributor announced this year for Odor-No-More. Dr. Bob Hummel established Great Plains Chemical Company in Greeley, CO in 1967. After a massive amount of expansion, acquisitions and growth, many of the separate corporations consolidated into one entity early in the 2000’s and emerged as LEXTRON, INC. with several of the other companies continuing to operate as divisions of LEXTRON, INC. Lextron Animal Health is one of said divisions.…

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WednesdaySep 08, 2010 1:36 pm

Viking Systems, Inc. (VKNG.OB) Gets Green Light from FDA for Advanced 3D Surgical Visualization System

Viking Systems Inc. has received the go-ahead from the U.S. Food and Drug Administration (FDA) for clearance of its Next Generation 3DHD visualization system, scheduled for launch in Washington D.C. during the American College of Surgeons' Annual Clinical Congress, October 3-7. Viking's Next Generation 3DHD camera system allows surgeons to perform complex, minimally invasive surgery with an advanced vision system that restores their natural depth perception, a significant improvement from procedures currently performed with a 2D camera. The 3D vision provides surgeons the ability to offer improved care, reduced procedure time, and reduced cost of procedures. Jed Kennedy, Viking president…

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WednesdaySep 08, 2010 1:23 pm

BioNeutral Group, Inc. (BONU.OB) Appoints Wahlrich Group as Its Marketing Agency

BioNeutral Group is a chemical technology-based life science company that intends to commercialize a combinational chemistry-based technology which can neutralize harmful environmental contaminants, toxins and dangerous microorganisms including bacteria, viruses, mold, fungi and spores. The company's products are designed to be eco-friendly by breaking down into substances that do not harm the environment while providing effective disinfecting and cleaning for a variety of applications. The company announced today that it has engaged the Wahlrich Group LLC to help BioNeutral bring its products to market. The Wahlrich Group is one of the leading full service in-store marketing agencies providing brand communication,…

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WednesdaySep 08, 2010 1:18 pm

Neuro-Biotech Corp. (MRES.PK) is “One to Watch”

Neuro-Biotech Corp. has shifted their focus from mining operations to the realm of neuroscience. Neuro-Biotech Corporation is working to become a worldwide leader in the field of clinical applied-neuroscience related to stress management and mental health for prevention, early diagnosis and therapeutic follow-up. Neuro-Biotech Corp.'s headquarters are in Basel, Switzerland. The Company is a neuroscience medical diagnostic enterprise involved in the unique international niche of clinical neuroscience. Their emphasis is on rapidly developing and commercializing innovative and competitive diagnostic products, with the goal of becoming a world leader in this market. As a result of years of study, Neuro-Biotech Corp.…

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WednesdaySep 08, 2010 10:12 am

LRAD Corp. (LRAD) Sets Record and Distribution Date for Spin Off

LRAD Corp. set the record and distribution date for the company’s spin off of one of its business segments into a separately traded and independent company. LRAD Corporation is spinning off its HSS technology business into a new company called the Parametric Sound Corporation. The company set September 10, 2010 as the record date for shareholders to be eligible to receive shares in the Parametric Sound Corporation. The shares will be distributed on September 27, 2010. Shareholders of LRAD Corporation will receive one share of the Parametric Sound Corporation for every two shares they own. The distribution is expected to…

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WednesdaySep 08, 2010 10:10 am

Force Fuels, Inc. (FOFU.OB) Moves from Development Stage to Revenue Generating Company

Located in Newport Beach, California, Force Fuel's primary focus is on the field of regulated and standardized energy based products. Today, Force Fuels took a major step towards prominence with the announcement they have begun to generate revenue from oil production on newly acquired Kansas leaseholds. The leaseholds, which are located in Montgomery and Chautauqua Counties in southern Kansas, mark a critical step in the young company’s strategy to improve production and optimize cash flow from underperforming oil producing assets. Leading the way at Force Fuels is Oscar Luppi who serves as the company’s Chairman and CEO. Commenting on what…

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WednesdaySep 08, 2010 10:07 am

PostRock Energy Corp. (PSTR) Raises Capital in Equity Issuance

PostRock Energy Corp. reported that the company has received an equity investment of $60 million from White Deer Energy L.P., a private limited partnership that makes investments in energy companies. White Deer Energy L.P. will receive 12% cumulative redeemable preferred stock in exchange for the $60 million investment. The cumulative redeemable preferred stock has a 7 ½ year term and may be called by PostRock Energy Corporation after one year by paying a ten percent premium to par value. The company also has the right to pay dividends on the preferred stock in cash or in more shares of preferred…

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