Blog - Page 3545 of 5743

TuesdayMay 03, 2011 1:34 pm

EcoloCap Solutions Inc. (ECOS) Announces Distribution Agreement with Nano-Tech Industries Pty Ltd.

EcoloCap Solutions Inc., an operator of an integrated and complementary network of environmentally focused companies that use nanotechnology for alternative energy, announced that it has entered into an exclusive distribution agreement with Nano-Tech Industries Pty Ltd, of Acacia Ridge, Australia. After copious amounts of testing for M-Fuel confirmed the reduction in emissions as well as its cost effectiveness, Nano-Tech Technologies Pty Ltd, agreed to utilize their network to deploy all EcoloCap products in Australia, New Zealand, and the Pacific Islands. The NPU processor produces approximately 18,000 gallons of emulsion fuel per day and is even capable of emulsifying Diesel, Kerosene,…

TuesdayMay 03, 2011 12:00 pm

Adeona Pharmaceuticals, Inc. (AEN) Receives Additional $1.5 Million for MS Drug Clinical Trial

The National Institutes of Health/National Institute of Neurological Disorders and Stroke (NIH/NINDS) has given $1,594,553 in grant funding to Adeona Pharmaceuticals, Inc. for the ongoing clinical trial of its TrimestaTM drug (oral estriol) for the treatment of multiple sclerosis. The company recently received a grant of $409,426 from the National Multiple Sclerosis Society (NMSS) also in support of the Trimesta clinical trial. This is in addition to earlier grants for the trial, including $5 million from the NMSS in partnership with the NMSS’s Southern California Chapter, with support from the National Institutes of Health, and $860,440 from the American Recovery…

TuesdayMay 03, 2011 10:08 am

Altair Nanotechnologies, Inc. (ALTI) Video Chart for Tuesday, May 3, 2011

ALTI appears to be trying to form a bottom. The indicators are trying to uptrend and the price per share has made a higher low. The resistance level at $1.58 will be a key point to break for continued upward movement. To view the video chart, visit the following link: http://www.qualitystocks.net/videocharts.php Let us hear your thoughts below:

TuesdayMay 03, 2011 9:12 am

TGC Industries Inc. (TGE) Posts 66% Earnings Increase for Q1

TGC Industries Inc., a leading seismic data acquisition services provider, yesterday announced financial results for the first quarter of 2011. Revenues in the first quarter of 2011 increased 66 percent to $50.2 million compared to $30.3 million in the first quarter of 2010. Net income grew more than tenfold to $5.8 million, or $0.30 per diluted share, up from $551,000, or $0.03 per diluted share, in the first quarter of 2010. Revenues for the first quarter of 2011 were $50.2 million compared to $30.3 million in the first quarter of 2010. The Company operated seven crews in the U.S. and…

TuesdayMay 03, 2011 9:11 am

Li3 Energy, Inc. (LIEG) Closes on Debt Financing

Li3 Energy, Inc. reported the successful completion of a capital market transaction with several private investors. The funds will be used to support company operations pending the completion of further financing by the company. Li3 Energy said that the financing consisted of a bridge loan in the amount of $1.5 million from three private investors. The bridge loan is structured as an original issue discount note with a zero percent coupon due February 2, 2012. The company is required to pay $1.67 million at the maturity date to pay off the loan. Li3 Energy reported that the loan is convertible…

TuesdayMay 03, 2011 8:27 am

Simulated Environment Concepts, Inc. (SMEV) Announces Major Change to Compensation Method

Simulated Environment Concepts, Inc. announced this morning that in most cases it will now utilize preferred shares to compensate all of its service providers, particularly its IR/PR professionals, in an effort to largely eliminate the use of common stock as a means of payment. This change will not only reduce the expense associated with issuing common stock, but also keep the Issued and Outstanding average rate of increase substantially lower and encourage service providers to take a long term position within the company. Dr. Ella Frenkel, President and CEO of Simulated Environment Concepts (SE Concepts), stated, "As with any public…

MondayMay 02, 2011 2:36 pm

American Petro-Hunter, Inc. (AAPH) Readies New Well for Commercial Production at North Oklahoma Yale Prospect, 120 BOPD Initial Production Rate

American Petro-Hunter has added substantial force to its overall growth vector as an oil and gas producer, and is today reporting completion of swab testing on the latest well in an ongoing series of wells at the Company’s North Oklahoma Yale Prospect, the NOS122, declaring the well ready for full commercial production. The NOS122 adds one more node to the rapidly evolving AAPH production network, which also includes the producing Poston Project in Trego County, Kansas. The Company looks to be within striking distance of its 12-month production growth target of 1k BOE. President and CEO of AAPH, Robert McIntosh,…

MondayMay 02, 2011 2:30 pm

GreenHouse Holdings (GRHU) Lands $151 Million Contract

Most small companies salivate over jobs that are related to the government. Landing one of any magnitude through any means can open a door to opportunities and validate the company like nothing else can. It is common knowledge that providing a solid, reliable service or product can lead to additional contracts. GreenHouse Holdings is a company with a history of performance as a government contractor, supplying the U.S. military with a wide range of products from rapidly deployable and ballistically protected buildings to sustainable, environmentally safe targeting systems and live fire training facilities. Today the Company has taken another major…

MondayMay 02, 2011 1:13 pm

Commerce Resources Corp. (CMRZF) Reports on Drilling Program in Canada

Commerce Resources Corp. reported an update on its exploration drilling program at its mining property in Canada, where the company is prospecting for rare earth metals. Commerce Resources has been conducting its winter drilling exploration program at the Ashram Rare Earth Element deposit on the Eldor property located in northern Quebec. Commerce Resources Corp. has a 100% interest in the Eldor property, which contains 404 mining claims totaling approximately 19,006 hectares. Commerce Resources Corp. has competed the drilling of seven holes at the site comprising 3,367 meters of drilling. The purpose of the drilling was to expand and delineate the…

MondayMay 02, 2011 1:10 pm

Trunkbow International Holdings Ltd. (TBOW) Inks Deal with Icafe to Provide Payment Options and Expand Market Presence

Trunkbow International Holdings Ltd., a leading provider of Mobile Payment Solutions (MPS) and Mobile Value Added Solutions (MVAS) in the People’s Republic of China (PRC), recently announced that it has entered a strategic cooperation agreement with Hangzhou Icafe Technology Co Ltd., a leading provider of Internet cafe desktop application services in the PRC, in which Trunkbow will offer payment applications and services for Internet cafe owners and individual users. Trunkbow will integrate its mobile payment solutions into Icafe's Internet cafe-based entertainment platform, which targets millions of paying users that visit more than 90,000 Internet cafe locations. The Trunkbow platform will…

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