FridayJun 25, 2010 12:30 pm

Oil Sands Increasingly Attractive Alternative in Light of Gulf Disaster

Since the beginning of BP’s crisis in the Gulf of Mexico, US energy sector regulators have been floating increasingly harsh language about offshore drilling leading to increased interest and investment into oil sands (sometimes called tar sands) as an alternative source, especially Canada’s oil sands, where plans are underway to both remediate environmental impacts of the industry as a whole and significantly boost production. A recent independent study confirms this trend, projecting 2.1M barrels per day (BPD) output by 2012 for Alberta oil sands (a 40% increase from 2009 figures), and as much as 3M BPD by 2020, effectively twice…

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FridayJun 25, 2010 12:26 pm

Simulated Environment Concepts, Inc. (SMEV.PK) SpaCapsule Solves Stress, Boosts Mood

Simulated Environment Concepts Inc. – developers of the ultimate massage, de-stressing, weight loss, anti-cellulite and anti-aging system, the SpaCapsule®, continue to win the approval of grateful consumers looking to remediate the stress of today’s hectic lifestyles, as well as the back pain so many people today suffer from. Doctors Ilya Spivak and Ella Frenkel, founders of the Company and inventors of the revolutionary dry-water massage system, related one of the amazing stories the SpaCapsule has produced so far. Ricki Kaneti was ailing with back pain and stressed out from the non-stop life of modern real estate when she discovered the…

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FridayJun 25, 2010 11:54 am

Vanguard Minerals Corp (VNGM.OB) Division Secures Consultancy Agreement with a Leading Entertainment and Restaurant Developer in Las Vegas, Nevada

Vanguard Management Corp, a business unit of Vanguard Minerals Corp, (VNGM.OB), a management consulting and business development firm with core competency in emerging growth companies, recently announced that the company has been retained as the strategic consulting partner for Askew Eatertainment. As a leading entertainment and restaurant development corporation headquartered in Las Vegas, Nevada , Askew Eatertainment is constructing an expansive restaurant and entertainment center in Las Vegas called The Beach Boys Good Vibrations Restaurant. Under the terms of the agreement, Vanguard will receive a fee for its services of up to $500,000 as it reaches certain milestones as well…

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FridayJun 25, 2010 11:51 am

Robbins & Myers, Inc. (RBN) Reports Third Fiscal Quarter Results

Robbins & Myers, Inc. reported net income of $8.1 million, or $0.25 per diluted share, in the third quarter of fiscal 2010, which ended 5/31/2010. The company earned net income of $10.2 million, or $0.31 per diluted share, in the same quarter of fiscal 2009. Robbins & Myers, Inc. reported strong order flow during the third quarter of fiscal 2010. The company booked $159.1 million in orders during the quarter, up 34% from the $119 million of orders in the comparable quarter in fiscal 2009. The company’s backlog of contracted orders was at $160 million as of 5/31/2010. Robbins &…

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FridayJun 25, 2010 11:49 am

Uranium Resources, Inc. (URRE) Reports Results of Secondary Offering

Uranium Resources, Inc. announced the results of a secondary public offering of the company’s common stock. The company issued 23.81 million shares at $0.42 per share. Uranium Resources, Inc. said that the offering would net the company approximately $9 million after commissions and expenses. Roth Capital Partners acted as the underwriter and sole manager of the public offering, and retains an overallotment right to offer an additional 3.33 million shares for 30 days. Uranium Resources, Inc. said that the proceeds would be used for general corporate purposes and possibly for an acquisition if an attractive company or asset could be…

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FridayJun 25, 2010 11:47 am

Flint Telecom Group Inc. (FLTT.OB) Secures $10M in Equity Finance Agreement with AGS Capital Group

Flint Telecom Group Inc., an international telecoms technology and services organization, has completed a Reserve Equity Finance Agreement with New York-based AGS Capital Group, LLC. Over the next two years, AGS will purchase $10 million worth of shares of the Flint common stock for cash consideration. The equity agreement positions Flint Telecom in control of how and when it will raise equity and debt. Flint must increase its total authorized common shares and have an effective registration statement in place, both of which the company said are in progress. Vincent Browne, chairman and CEO of Flint said the equity agreement…

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FridayJun 25, 2010 11:42 am

Cadiz (CDZI) Receives Go-Ahead from Water Agencies for Water Conservation Project

Cadiz Inc., a renewable resources company engaged in water conservation and supply, solar energy and organic farming projects, yesterday announced that two Southern California water agencies have approved agreements to move forward with the Cadiz Water Conservation & Storage Project and participate in the Project’s environmental review. The Cadiz Project in San Bernardino County, Calif. is one of the largest water conservation efforts of its kind. The design is to capture and recycle billions of gallons of renewable native groundwater that currently goes to waste by evaporation through the aquifer system, and use it as a sustainable annual supply for…

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FridayJun 25, 2010 11:33 am

Uranium Energy Corp. (UEC) Taps World’s First Significant Alternative Energy Boom

Uranium Energy Corp., a uranium exploration and development company controlling one of the largest databases of historic uranium exploration and development in the country, is sitting on top of what could be the biggest uranium boom since the advent of nuclear energy. The U.S. used to be the world’s leading producer of uranium, peaking in the 1970s with the increase in production of nuclear power plants as well as nuclear weapons. After 1980, environmental concerns over the use of nuclear power, together with the increasing availability of low cost foreign energy sources, essentially ended the construction of new nuclear power…

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FridayJun 25, 2010 8:35 am

Flint Telecom Group, Inc. (FLTT.OB) Signs $10 Million Reserve Equity Financing Line

Flint Telecom Group, Inc. announced yesterday that they completed a Reserve Equity Finance Agreement with New York based AGS Capital Group LLC. AGS has committed to purchase shares of Flint Telecom Group's common stock for cash consideration up to an aggregate of $10 million. This is over a period of two years. Mr. Allen Silberstein, Principal at AGS Capital Group, said, "We are very excited to be working with Flint Telecom as they have a very well thought out strategy with the opportunity to grow significantly in a trillion dollar industry. We look forward to providing them with the necessary…

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