Blog - Page 3550 of 5743

WednesdayApr 27, 2011 12:53 pm

East Coast Diversified Corp.’s (ECDC) Subsidiary Announces Launch of Ecommerce Site

East Coast Diversified Corp., a company that offers a portfolio of GPS devices, RFID interrogators, integrated GPS/RFID technologies, and Tag designs, has announced that its subsidiary EarthSearch Communications, Inc. will be launching its new ecommerce site on April 29, 2011. The website will be offering professional services and consulting for mid size and small businesses. “Most small and mid size businesses are not taking advantage of emerging technologies such as RFID that can help with automation of business processes, reduce cost of operation, improve performance and profitability. While most large organization with resources are more likely to take advantage of…

WednesdayApr 27, 2011 12:47 pm

Spectranetics Corp. (SPNC) Posts Record Revenue and Significant Achievements for Q1

Medical device manufacturer Spectranetics Corp. today reported financial results for the quarter ended March 31, 2011, posting record revenue, FDA approval for trials of its EXCITE In-Stent Restenosis, regulatory approval for its Lead Locking Device in Japan, as well as other achievements for the quarter. Revenue for the first quarter of 2011 increased 5 percent to $30.4 million compared with revenue of $29.0 million for the first quarter of 2010. The net loss for the first quarter of 2011 was $154,000, or $0.00 per share, compared with a net loss of $958,000, or $0.03 per share, in the first quarter…

WednesdayApr 27, 2011 11:59 am

PeopleString Corp. (PLPE) is “One to Watch”

PeopleString Corp. creates technologies that enable consumers to take advantage of their social networks to capitalize on the best national and local deals. The Company's patent pending "shareItUp" technology takes the power of social media to create coupons that go up in value when shared and rewards loyal customers who share their favorite merchants with others. Founded in January 2009, PeopleString Corp. has their headquarters in Red Bank, New Jersey. Their PeopleString social network allows individuals, entrepreneurs, and small business to manage and aggregate their personal, business, and social communications into one online dashboard. PeopleString also offers patent pending "Insta…

WednesdayApr 27, 2011 10:47 am

China North East Petroleum Holdings Ltd. (NEP) Closes on Acquisition

China North East Petroleum Holdings Ltd. announced that the company has closed on its purchase of the Sunite Right Banner Shengyuan Oil and Gas Technology Development Co., Ltd., an exploration and production company with operations in Inner Mongolia. China North East Petroleum Holdings Ltd. said that the final acquisition price was $43.4 million, payable in a combination of cash and stock. The cash component of the deal is $10.6 million and is payable no later than May 16, 2011. China North East Petroleum Holdings Ltd. will issue 5.8 million shares of common stock valued at $32.8 million to Shengyuan shareholders.…

WednesdayApr 27, 2011 10:31 am

Clenergen Corp. (CRGE) to Capitalize on Increased Demand for Electricity from Emerging Market’s Industrial and Retail Sectors

Clenergen Corp. today announced it is seeing an increased demand for electricity in India, Africa, and the Philippines, resulting from a surge of business opportunities for its operations. As shortages of electricity during both off peak and peak times continue, companies and municipalities are now turning to alternative energy sources and independent power producers for stable power supply. In the Philippines, urban centers rural communities are suffering from shortages in diesel supply and higher fuel costs as their electricity is generated from the fossil fuel. Clenergen intends to install its first 2MW gasification power plant on Romblon Island later this…

WednesdayApr 27, 2011 9:00 am

Nothing Virtual about Onstream Media Corp.’s (ONSM) Climb in 2011; Shares Rise Again

Social media marketing and cutting-edge web communications are changing the modality of corporate business strategies today. Public and privately-held companies alike are embracing technologies that can enhance communications across all spectrums for internal business purposes as well as outside interaction with shareholders and clients. Modern digital technologies facilitate the capacity for organizations to create and distribute their message in a manner unlike methods of the not too distant past which now seem antiquated. To focus on only one aspect, webcasts alone have experienced triple digit growth year over year since 1995; directly representing the importance and depth of online operations.…

WednesdayApr 27, 2011 8:51 am

Rediff.com India Ltd. (REDF) Introduces Group Deals Service in India

Yesterday, Rediff.com India Ltd. revealed its new group deals service, Rediff Deal Ho Jaye!. This new service will allow customers discounts at local businesses, in a similar fashion as other services like Groupon. The offers available on Rediff.com will be available at local merchants in each of the 40 cities the service is available in. Rediff is an online provider of news, entertainment, communication and shopping services, with offices Mumbai, New Delhi, Bangalore, Chennai, Hyderabad and New York. Their Deal Ho Jaye! Service will expose their audience of over 15 million viewers a month to local merchants and services, as…

WednesdayApr 27, 2011 8:50 am

Provectus Pharmaceuticals, Inc. (PVCT) Receives Orphan Drug Designation from FDA

Provectus Pharmaceuticals, Inc. announced yesterday that they have received orphan drug designation by the U.S. Food and Drug Administration (FDA) for Rose Bengal, the active ingredient in the Company's novel oncology drug PV-10, for the treatment of hepatocellular carcinoma (HCC). HCC is the most common form of primary liver cancer. Provectus completed patient accrual and treatment of all subjects in their Phase 1 clinical trial of PV-10 for liver cancer in January 2011. Currently the Company is designing a Phase 2 study. PV-10 is a proprietary, injectable formulation of Rose Bengal, a compound that has been in use for more…

TuesdayApr 26, 2011 5:12 pm

PeopleString Corp. (PLPE) Kicks-off Social Coupon Platform PeopleDeals

Leveraging the powerful world of social media, PeopleString Corp. today officially launched PeopleDeals, a social coupon platform that allows merchants to launch real-time social media advertising and, through its shareItUp feature, offer deals that grow in value as they are shared via social networks, e-mail or text. PeopleDeals was designed to give incentives to customer loyalty by increasing the value of the deals and coupons as they are shared. Currently, users can share deals through Facebook, Twitter, PeopleString, MySpace, Blogger, TypePad, LiveJournal, Delicious, SMS or e-mail. "PeopleDeals drives long-term customer relationships by rewarding loyalty with increasing discounts, rather than one…

TuesdayApr 26, 2011 3:08 pm

UnionTown Energy Inc. (UTOG) Acquires Massive 24k-Acre Darby Block with Estimated Reserves of 120 Million BOE

UnionTown Energy, www.UnionTownEnergy.com – the oil and natural gas developer focused squarely on its diverse portfolio of excellent North American holdings, reported today that the Company’s offer to purchase the 24k-acre Darby Block property, currently operated by Talisman Energy USA Inc., was accepted. The Darby Block is in prime geology at the tip of the Wyoming Thrust Belt, near Exxon’s massive LaBarge field. Major development work and production all along the same structural trend validates the profile of a working hydrocarbon system, a system with stacked reservoirs like this Bighorn, Madison and Nugget, all proven producers. Analysis of third-party geological…

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