Blog - Page 3624 of 5705

MondayDec 27, 2010 1:05 pm

Irvine Sensors (IRSN.OB) Closes First Tranche of Financing; Announces Key Management Appointments

Irvine Sensors Corp., a vision systems company that develops and sells miniaturized infrared and electro-optical cameras and relative products, today announced the closing of its initial $11.4 million of financing, which includes the sale of approximately 51.8 million shares of common stock for approximately $3.6 million ($0.07 per share), and approximately $7.8 million of five-year notes bearing simple interest of 12 percent per annum. The company said it will work to obtain shareholder authority to increase its capital structure to allow the notes to be converted into common stock, at $0.07 per share. If the company receives shareholder authorization, Irvine…

MondayDec 27, 2010 11:47 am

Orbit International Corp. (ORBT) Wins $800,000 Order for Displays From Defense Contractor

Orbit International Corp. is an electronics manufacturer and software solutions provider for both military and non-military government applications. The company today announced that it received an order worth approximately $800,000 for displays from a leading defense contractor for the Machine Control System for the US Navy's CVN 78 class of super aircraft carriers. This order combined with approximately $1.3 million of aggregate orders received earlier this year brings total awards for this program in 2010 to $2.1 million. Deliveries started in this quarter and are expected to continue through the second quarter of 2012. Orbit International also announced that it…

MondayDec 27, 2010 11:10 am

NGAS Resources, Inc. (NGAS) To Be Acquired By Magnum Hunter Resources (MHR)

NGAS Resources, Inc. announced that the company will be acquired by Magnum Hunter Resources Corporation, an exploration and production company with extensive experience in oil and gas development in the onshore area of the United States. Magnum Hunter Resources Corporation will issue 0.0846 shares of its common stock in exchange for each share of NGAS Resources, Inc. that is outstanding. This exchange ratio values NGAS Resources, Inc. at $0.55 per share, a 41% premium to the closing price of the company prior to the deal. The value of the deal is $98 million on an enterprise value basis, which includes…

MondayDec 27, 2010 11:05 am

IDO Security, Inc. (IDOI.OB) Rides Wave of Airport Security

The history of airport security is largely a reflection of world and American political relations over the past 80 years. The fact is, aircraft hijackings, sometimes termed skyjackings, have occurred almost since the first days of commercial airline flights. Few people remember, but the very first recorded hijacking of an aircraft took place back in 1930, when Peruvian political activists took over a small aircraft to drop leaflets over Peru. The biggest wave of hijackings began in the 1960s, when anti-Castro Cubans began hijacking planes to flee Cuba. In 1961, when the U.S. broke off relations with Cuba, pro-Castro activists…

MondayDec 27, 2010 10:51 am

Radient Pharmaceuticals Corp. (RPC) is “One to Watch”

Radient Pharmaceuticals Corp. is dedicated to discovering, developing and commercializing unique high-value diagnostic tests that help physicians answer important clinical questions related to early disease-state detection, treatment strategy and the monitoring of disease progression or recurrence. The company has recruited an exceptionally tenured team; developed a strong product portfolio in segments with significant market demand; and implemented a solid business strategy. Currently, Pharmaceuticals is primarily saving lives and money for patients and global healthcare systems through the deployment of its FDA-cleared In Vitro Diagnostic Onko-Sure® Test Kits. Onko-Sure™ is a simple, non-invasive blood test used for the detection and/or monitoring…

MondayDec 27, 2010 10:18 am

Save the World Air Inc. (ZERO.OB) to Start Preliminary Testing of AOT

Located in Santa Barbara, California, Save the World Air Inc. ("STWA") has earned a stellar reputation as an innovative company that creates technology focused on energy efficiency of large-scale energy production and improved fuel economy for diesel fleets. The young company has patented technology known as AOT™. The symbol for Applied Oil Technology, this technology will provide a cost-effective means of improving efficacy of crude oil transport and diesel engine efficiency. Today, announced that preliminary testing of AOT™ will begin in January 2011. STWA is working closely Temple University and ELEKTRA™ on the AOT™. Preliminary testing will be conducted at…

MondayDec 27, 2010 10:12 am

Adolor Corp. (ADLR) Video Chart for Monday, December 27, 2010

ADLR has established a downward channel over the last two months, but is sitting on a support level at this time. Technical traders will be alert for a break of the top side of the channel at this point as indicators are giving slight hints of a possible reversal. To view the video chart, visit the following link: http://www.qualitystocks.net/videocharts.php Let us hear your thoughts below:

MondayDec 27, 2010 9:11 am

True 2 Beauty Inc.’s (TRTB.PK) Flagship Products Featured in Celebrity Gossip Magazine

True 2 Beauty Inc.'s "Libigrow" family of products have made their way to Hollywood's red carpet. The latest edition of In Touch Magazine features an article citing Britney Spears and boyfriend Jason Trawick as Libigow and Libigirl fans. A link to the article is available at the Libigrow website, www.libigrow.com "Libigrow and Libigirl are making their mark in the lives of even the rich and famous," stated Zara Hbaiu Director of Media Relations. "It's great to see our family of products bring excitement, fun, happiness, and lovemaking to people around the world. Libigrow and Libigirl are clearly becoming a must…

MondayDec 27, 2010 8:29 am

GCL Signs Long-Term Contract with SolarfunPower Holdings Co., Ltd (SOLF)

On December 23, Solarfun Power Holdings Co., Ltd signed a long-term supply contract with GCL-Poly Energy Holdings Limited. The contract details that GCL will supply Solarfun with a total of 2,500 MW wafer and polysilicon products over the next five years. Solarfun is a Chinese manufacturer of solar PV cells. Solarfun partners with third-party distributors, OEM manufacturers, and system integrators to sell its modules into large-scale utility, commercial and governmental, and residential/small commercial markets. Solarfun employs staff in Europe, North America and Asia. GCL is a Chinese producer of polysilicon products, and one of China's top green energy enterprises. GCL's…

MondayDec 27, 2010 8:27 am

Spectral Capital Corporation (FCCN.OB) Signs Letter of Intent to Acquire Significant Gold Mine Resource

On Friday, Spectral Capital Corp. announced that they signed a Letter of Intent to acquire a significant gold mine resource in Kazakhstan. Spectral Capital Corporation is a U.S. based publicly trading company that lists on the OTC Bulletin Board as FCCN and on the Frankfurt exchange as F3SN. The Company is currently engaging in due diligence on the Kazakhstan property. They expect to close the acquisition early in the first quarter of 2011. This is provided that the due diligence process validates the size and scope of the gold resource. Jenifer Osterwalder, Spectral CEO, stated, "We believe that this massive…

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