TuesdayMay 11, 2010 12:13 pm

Pro-Pharmaceuticals (PRWP.OB) Closes $750,000 Final Tranche of $6M Private Placement; Notes Plans for Phase III Testing of Lead Candidate

Pro-Pharmaceuticals Inc. is engaged in the discovery, development and commercialization of therapeutic compounds for advanced treatment of cancer and fibrosis. The company today announced the closing of the $750,000 final tranche of its $6 million private placement with 10X Fund L.P., which is purchasing unregistered Series B convertible preferred stock and warrants. Pro-Pharmaceuticals issued and sold 285,000 shares of Series B-2 preferred stock convertible into 1,140,000 shares of common stock, a Class A-1 and a Class A-2 warrant each exercisable to purchase 570,000 shares of common stock and a Class B warrant exercisable to purchase 2,280,000 shares of common stock,…

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TuesdayMay 11, 2010 11:21 am

Sunsi Energies Inc. (SSIE) Announces Intent to Acquire TSC Plant, Gain Access to China Distribution

SunSi Energies Inc. develops Trichlorosilane (TSC), a component essential to the production of polysilicon for solar panels. As part of its stated acquisition objective, SunSi subsidiary SunSi Energies Hong Kong Inc. has agreed to acquire 90 percent of Zibo Baokai Commerce and Trade Co., the exclusive owner of distribution rights in China for the TCS produced by Zibo Baoyun Chemical plant (ZBC). The deal is scheduled to close no later than June 30, 2010. When the transaction is complete, SunSi will hold 100% of the distribution rights for ZBC’s TCS productions, both in China and abroad. SunSi said upon finalizing…

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TuesdayMay 11, 2010 11:18 am

Epazz, Inc. (EPAZ.OB) Reports Revenues Up 95% Year Over Year

Epazz, Inc. issued a press release today to disclose year over year revenues for the company. 2009 was a challenging economic year for many companies and yet Epazz nearly doubled their revenues as compared to 2008. Operating expenses for Epazz were also reduced nearly 9% for 2009 as compared to 2008. Epazz, an industry leader focused on office productivity workforce solutions, has been very quiet with respect to press releases this year, but is developing their business plan and marketing their existing products to small to mid-size companies. Epazz primarily targets potential customers of companies with 250 - 2,500 employees…

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TuesdayMay 11, 2010 10:21 am

Wellstar International, Inc. (WLSI.OB) Announces Success in Beta Test for Long-Term Care Facilities

Wellstar International Inc., through its wholly-owned subsidiary, Trillennium Medical Imaging, develops and licenses the use of advanced thermal imaging technology in consumer health care markets worldwide. The company's TMI infrared technology and software is approved by the United States Food and Drug Administration (FDA) as an adjunctive diagnostic screening procedure for early breast cancer detection, orthopedic applications, pain dysfunctions, deep tissue injuries and detection of pressure ulcers. The company announced today that it is achieving success in its beta test in a long-term acute care facility (LTAC). Wellstar has been imaging existing and newly admitted patients twice a week in…

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TuesdayMay 11, 2010 10:19 am

eDoorways Corp. (EDWY.PK) Grows Social Media Connections

eDoorways Corp., the fast growing vendor/consumer online network, is predicated on the idea that social networking represents a huge opportunity for vendor and consumer communication and interaction. To this end, the company has actively structured its platform to facilitate this type of link. Most recently, eDoorways announced that it had successfully launched its Facebook integration model, including the Facebook Connect option, allowing eDoorways and Facebook users to connect and socialize through the eDoorways platform. This is an especially important move for eDoorways, since Facebook is the world’s largest social media site, serving over 400 million people. Depending upon how actively…

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TuesdayMay 11, 2010 10:17 am

SouthPeak Interactive Corp. (SOPK.OB) CEO Selected as Finalist for Prestigious Award

With headquarters in Midlothian, Virginia, SouthPeak develops and publishes interactive entertainment software for all current hardware platforms and have sold their products across the globe. Today, SouthPeak made the announcement that Melanie Mroz, who serves as the company’s CEO, has been selected as a finalist for the Ernst & Young Entrepreneur of the Year for 2010. In its 24th year, the Ernst & Young Entrepreneur of the Year awards program recognizes leaders from over 135 cities and 50 countries throughout the world. The award recognizes entrepreneurs who demonstrate extraordinary success in the areas of innovation, financial performance and personal commitment…

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TuesdayMay 11, 2010 8:55 am

Keyuan Petrochemicals (SVPE.OB) Announces the Appointment of Ms. Aichun “Angela” Li as Chief Financial Officer

Keyuan International Group Limited, a leading independent manufacturer and supplier of various petrochemical products in China, recently announced that the company has appointed Ms. Aichun “Angela” Li as its chief financial officer. With more than a decade of corporate finance and accounting experience, Ms. Li is a certified public accountant and earned her MBA degree from the Fuqua School of Business at Duke University. Prior to joining Keyuan Petrochemicals, Ms. Li managed the financial reporting, forecasting and planning for several multi-million P&L accounts as a member of the CFO Group with Bank of America. Ms. Li also served as a…

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TuesdayMay 11, 2010 8:54 am

Iris BioTechnologies Inc. (IRSB.OB) Awarded Two New Canadian Patents

Iris BioTechnologies Inc., a life sciences company, announced yesterday that they received two new Canadian patents. Their patent portfolio now consists of four Canadian patents, four United States patents, and many other patents in the European Union, Asia, Australia, and New Zealand. The Company accurately determines the optimal medical solution for each individual patient through a proprietary informatics system called BioWindows™. They accomplish this by categorizing individuals according to their molecular signatures and personal profiles. One of the patents granted to Iris BioTechnologies protects the Company's Nano-Biochip™ enabling the use of probes with superior binding affinity and specificity to undergo…

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TuesdayMay 11, 2010 8:52 am

Silver Dragon Resources, Inc. (SDRG.OB) Receives MIA Permit for Mining Site

Silver Dragon Resources Inc. released news yesterday that the Mexican Federal Environmental Agency (SEMARNAT) recently approved the Environmental Impact Manifest (MIA) for its Cerros las Minitas Silver Project in Durango, Mexico. The company's MIA permit was received from SEMARNAT on April 26, 2010. As the key regulatory requirement for production, the approval ushers in the beginning of construction at the silver mine site. With 15 concessions covering 1,413 hectares, Cerros las Minitas comprises the majority of the Cerros las Minitas mining district, part of the prolific silver belt of the Sierra Madre Occidental. Silver Dragon Resources Inc., through its wholly…

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TuesdayMay 11, 2010 8:08 am

XINHUA CHINA LTD (XHUA.OB) Video Chart for Tuesday, May 11, 2010

XHUA continues its uptrend off a bottom made earlier this year. With excellent confirmation from various indicators, this is a chart you will definitely want on your watch list. Please click the following link: http://www.qualitystocks.net/videocharts.php?chartvid_id=393 Let us hear your thoughts below:

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