FridaySep 24, 2010 7:57 am

Siga Resources Inc. (SGAE.OB) Announces the Appointment of Edwin Morrow

Siga Resources Inc. announced yesterday the appointment of Edwin Morrow to the Company's Board of Directors. This is to replace the vacancy created by the resignation of Mr. Arun Kumar as Director and President. Additionally, Mr. Morrow accepted the position of President and Chief Executive Officer (CEO). His knowledge and experience will help accelerate the development of Siga Resources Inc.'s mineral assets. Mr. Morrow reinforces Siga’s commitment to research, acquire and develop precious metal properties in Fiji and throughout North and South America. Mr. Morrow is an accomplished mining professional with more than 35 years of experience in the exploration…

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ThursdaySep 23, 2010 3:22 pm

Looking for a Solid Investment? Consider Small Manufacturers of Medical Devices

Whether the recession is officially over or not, the medical device arena has suffered along with the rest of the market. In some instances, it has taken a hit even more so than other sectors. Quite simply, the number of procedures being performed is down, so, consequently, revenue numbers for most medical device manufacturers are as well. So, how can this article be based on the concept that medical device manufacturers could be considered a solid investment? Let’s explore the idea. For starters, let’s consider why procedures are down. A number of factors can be attributed, but one of the…

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ThursdaySep 23, 2010 2:12 pm

Emerging Media Holdings, Inc. (EMDH.OB) Breaks Eastern European Market Share Record

Emerging Media Holdings, www.emergingmediaholdings.com – the US parent company of a trifecta of Moldovan radio/television broadcasting and related advertising subsidiaries, reported the achievement of a benchmark goal today with a commercial market share capture of 23.38%, specifically in the Capital City of Chisinau, the region’s most populated location. This new high water mark for the Company breaks all previous records, according to independent AGB Nielsen, who additionally noted that data market share for the whole of the Republic of Moldova also climbed to 10.37%, giving the Company even greater recognition and prominence. With two of the top three television and…

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ThursdaySep 23, 2010 2:09 pm

MedClean Technologies (MCLN.OB) Expands Distribution Network via Agreement with Laspa Inc.

MedClean, the revolutionary developer of innovative on-site medical waste and confidential documentation disposal/destruction solutions, reported signing of a distribution agreement with Florida-based, minority-owned specialty distributor of emerging medical technologies Laspa Inc. today. Laspa was founded a decade and a half ago by some of the top players from a variety of Fortune 100 companies, all with vast experience in sales management, product development and marketing, and the resulting company is dedicated to a strategy of partnering with the most ethical and innovative client manufacturers, which makes MedClean a natural choice. The agreement augments MCLN’s market presence, bringing the total distribution…

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ThursdaySep 23, 2010 11:38 am

Dynavax Technologies Corp. (DVAX) Commences Phase 1b Clinical Trial of Universal Flu Vaccine in Collaboration with Novartis

Dynavax Technologies Corp., a clinical-stage biopharmaceutical company, today announced it has begun to immunize patients in a phase 1b clinical trial of its universal flu vaccine candidate N8295, to evaluate the safety the drug when combined with Novartis’ investigational H5N1 avian influenza vaccine. Dynavax’s first step in the ongoing development of N8295 was establishing the safety of the candidate through preliminary phase 1a testing of the candidate standing alone, in which no dose limiting toxicities were identified. This has allowed the company to launch the phase 1b study six months ahead of schedule. The next step is to test the…

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ThursdaySep 23, 2010 11:36 am

La Cortez Energy, Inc. (LCTZ) Reaches Depth on Exploratory Well

La Cortez Energy, Inc. reported that the Mirto-2 exploratory well has reached its total planned measured depth. The exploration well is located in the Maranta block in an onshore area of Colombia. The Mirto-2 exploratory well is in the Putumayo basin, and recently reached 11,590 feet in depth. The company was targeting several different hydrocarbon bearing zones including the N, U and T sands located in the Villeta formation. La Cortez Energy, Inc. reported that the well found oil and gas pay in the N and U sands at a depth of 11,235 feet, but no significant oil and gas…

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ThursdaySep 23, 2010 11:34 am

Cano Petroleum, Inc. (CFW) Reports Mid Year Oil and Gas Reserves

Cano Petroleum, Inc. reported a slight decrease in proved reserves of oil and gas at the end of the second quarter of 2010 compared to six months earlier. Cano Petroleum, Inc. reported 42.5 million barrels of oil equivalent of proved reserves at 6/30/2010, compared to proved reserves of 43 million barrels of oil equivalent at the end of 2009. Proved developed reserves were 8.3 million barrels of oil equivalent at 6/30/2010 compared to 8.8 million barrels of oil equivalent at 12/31/2009. The proved reserves estimate at 6/30/2010 were calculated using the unweighted average of the NYMEX crude oil and natural…

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ThursdaySep 23, 2010 10:52 am

Geos Communications, Inc. (GCMI.OB) Subsidiary Partners with China’s Leading Electronics Chain

Geos Communications Inc. is a leading developer and distributor of mobile applications and services. The company's subsidiary in China, D Mobile or Duo Guo, is the leading and only legitimate retail channel for the discovery and download of licensed mobile media content in China by operating an innovative kiosk based distribution business. The kiosks enable mobile device users to discover and quickly download games, movies, music, ringtones and applications. The kiosk network also serves as a channel for a wide range of mobile downloadable services such as ticketing, advertising and coupon distribution. Duo Guo has established partnerships with major media…

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ThursdaySep 23, 2010 10:50 am

General Finance (GFNCL) Posts Q4 and FY Financials, Notes $20M Debt Reduction

General Finance Corp. operates through its majority-owned subsidiary Royal Wolf and its indirect wholly owned subsidiary Pac-Van to sell and lease portable services and storage products in Australia, New Zealand and the United Sates. The company today announced its fourth-quarter and year-end results for the period ended June 30, 2010, including contributions from both subsidiaries and financial information for Pac-Van results for the year ended June 30, 2009. "We are pleased with our quarterly results, as revenues, utilization and adjusted EBITDA all improved over the preceding fourth quarter. As we discussed in prior quarters, we have been looking for a…

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