Blog - Page 3587 of 5550

FridayAug 27, 2010 11:03 am

China Sun Group High-Tech Co. Ltd. (CSGH.OB) Inks $15M Equity Financing Agreement

China Sun Group High-Tech Co. Ltd., a supplier of raw materials for rechargeable Lithium-ion (Li-ion) batteries in China, today announced it has signed a definitive binding agreement with an institutional investor to provide the company with up to $15 million in equity financing through the periodic sales of common stock over a 12-month term. Bin Wang, chairman and CEO of China Sun, said the funding will allow the company to fuel its growth and ramp up its business opportunities. "This facility provides us with sufficient additional funding to increase production capacity for our existing products and to start research and…

FridayAug 27, 2010 11:01 am

Aethlon Medical’s (AEMD.OB) Hemopurifier Making Headway in Drug Therapy Care

Aethlon Medical Inc. develops therapeutic filtration devices to address infectious disease and cancer. The Medanta Independent Ethics Committee (MIEC) at the Medicity Institute (Medicity) in India recently approved a treatment program entitled: "Use of the Aethlon Hemopurifier® in Treating Chronic HCV Infection in Combination with Standard of Care (SOC) Drug Therapy." The Aethlon Hemopurifier is the first-of-its kind medical device that selectively targets the removal of infectious viruses and immunosuppressive proteins from the entire circulatory system. Aethlon said that one of the clinical goals of the Aethlon-Medicity study is to demonstrate that the Hemopurifier® can accelerate the benefit of HCV…

FridayAug 27, 2010 8:21 am

Rodman & Renshaw Capital Group, Inc. (RODM) Video Chart for Friday, August 27, 2010

RODM has been on a slide for many months, but is showing signs of reversal. In the past when the PPO and ADX have positioned themselves in similar fashion to that they are now, a nice bounce has occurred. Please click the following link: http://www.qualitystocks.net/videocharts.php Let us hear your thoughts below:

FridayAug 27, 2010 7:53 am

Green EnviroTech (WCRM.OB) Partners with Agilyx to Produce and Resell “Green” Synthetic Sweet Crude Oil

Green EnviroTech Holdings Corporation announced after the closing bell yesterday that its wholly-owned subsidiary, Green EnviroTech Corporporation (“GETC”) has signed a contract with Agilyx (formerly Plas2Fuel) for exclusive resale rights to the synthetic crude oil produced by Agilyx from difficult-to-recycle plastics provided by GETC. GETC is an industry leader in plastics recovery, separation, cleaning and recycling. Agilyx is a privately-held alternative energy company which uses its patent-pending technologies to convert difficult-to-recycle waste plastics into synthetic crude oil and other valuable petroleum-based products. Plastic waste is ramping up in volume in both the United States and Europe dramatically. 20% of landfill…

FridayAug 27, 2010 7:50 am

Bank of Southern California (FBBN.OB) to Acquire Two Branch Offices

Bank of Southern California and Palm Desert National Bank announced that they have signed a definitive agreement for Bank of Southern California to acquire two branch offices from Palm Desert National Bank (PDNB). The expectation is that the transaction will close by mid October 2010, pending regulatory approvals. The offices being acquired are the Palm Springs office, located at 333 N. Palm Canyon Drive, Suite 102, in Palm Springs, and the La Quinta office at 47-000 Washington Street in La Quinta. Bank of Southern California plans to retain the employees who currently work in those offices. Upon completion of the…

ThursdayAug 26, 2010 3:23 pm

Platinum Studios (PDOS.OB) Partners with “Saw” Co-Creator and Director for Graphic Novel “Nightfall”

Platinum Studios, Inc. announced today that they have partnered with James Wan, co-creator and director of the original blockbuster “Saw,” and William Stuart’s Aurora Productions to bring Platinum Studios’ graphic novel “Nightfall” to the silver screen. Mr. Wan still is an Executive Producer of the thriller series that has grossed nearly $1 billion globally. The original “Nightfall” was written and created by Scott O. Brown with the artwork done by Ferran Xalabarder and published in 2007. "The minute I heard the concept, I was in," says Wan, "and then reading the graphic novel cemented that. Like 'Saw' it's a simple…

ThursdayAug 26, 2010 2:57 pm

Innocent Inc. (INCT) Extends Acreage in Ecuador

Innocent, www.innocentinc.com – the rapid growth via acquisition-focused emergent gold mining firm targeting upgradeable resource sites in Ecuador, announced acquisition today of the currently-in-production Murciealagos Vizcaya and Lilly Rai mining concessions by Global Finishing Ecuador (GFE – of which INCT is majority owner via 51% acquisition of Global Finishing Incorporated). Located in Ecuador's historically proven Zaruma-Portovelo Mining District, within El Oro Province, the site is strategically ideal given the Company’s other concerns in the area, and consists of substantial acreage containing some 145k ounces of inferred gold (Independent Geological Report released Aug. 16 this year). However, this preliminary analysis is…

ThursdayAug 26, 2010 2:51 pm

ProGreen Properties, Inc. (PGEI.OB) Enters Into $2.5M Equity Financing Deal

ProGreen Properties, www.progreenproperties.com – the Birmingham, Michigan-based firm which focuses on acquiring residential properties and then retrofitting them for improved energy efficiency, lowered emissions and enhanced sustainability, reported that the Company entered into a $2.5M Equity Line of Credit financing deal yesterday with LeadDog Capital LLP, New York. Registration of a maximum of 10M shares to secure the financing, which will cover a period of up to 24 months, will boost PGEI’s free-float in the market, according to President and CEO, Jan Telander. According to the 8K filed yesterday, the agreement depends on the Company filing a registration statement with…

ThursdayAug 26, 2010 1:16 pm

CAMAC Energy Inc. (CAK) Starts Drilling On Chinese Natural Gas Project

CAMAC Energy Inc. reported that it has started drilling an initial well in the Ordos Basin in China. The well is the first in a two well program planned to explore and develop natural gas in the area. The ZJS-02 well will be drilled at the company’s Zijinshan Gas project in Shanxi Province. If the well is successful, CAMAC Energy Inc. will follow up with the ZJS-03 well. CAMAC Energy Inc. reported that the two well program is based on an appraisal of 160 kilometers of seismic data acquired in the Zijinshan Gas project area. The appraisal began in 2009.…

ThursdayAug 26, 2010 1:15 pm

Bronco Drilling Company, Inc. (BRNC) Reports July 2010 Utilization

Bronco Drilling Company, Inc. released the company’s monthly operational update for July 2010. The update covers utilization and other data for the company’s land rig fleet used for oil and gas drilling in United States. Bronco Drilling Company, Inc. reported total fleet utilization of 56% for July 2010, approximately flat with the 56% total fleet utilization reported for June 2010. The company reported total fleet utilization of 54% for the entire second quarter of 2010. Bronco Drilling Company, Inc. said that it had thirty-seven marketable rigs working in July 2010, the same as June 2010 and full second quarter of…

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