Blog - Page 3624 of 5696

WednesdayDec 15, 2010 11:35 am

Argentex Mining Corp. (AGXM.OB) Starts Up Exploration Program in Argentina

Argentex Mining Corp. reported that the company has begun an exploration program targeting mineral deposits at properties located in South America. The company is prospecting mostly for silver, but also believes that gold, zinc, lead and copper may be present at the site. Argentex Mining Corp. said that the Pinguino property is located in Santa Cruz province in the Patagonia region of Argentina. The exploration program that Argentex Mining Corp. has planned will cost $4 million and includes a total of 17,000 meters of drilling. The company expects the program to last through 2011. Argentex Mining Corp. is investigating several…

WednesdayDec 15, 2010 10:40 am

Infrax Systems Inc. (IFXY.OB) Chosen for International Project

Located in St. Petersburg, Florida, Infrax is a global provider of a series of interrelated operational management, communications, and grid security related products and services known collectively as the Secure Intelligent Energy Platform (SEIP). The products and technology produced at Infrax enable a comprehensive and unified solution for communications and applications management of the Smart Grid. Today, Infrax announced it has received an order for a complete wireless infrastructure that is designed to enhance security and communication on the Island of Bermuda. The new wireless broadband infrastructure will be comprised of approximately forty-five Infrax, TMAX 2000 modular base-station routers. The…

WednesdayDec 15, 2010 10:37 am

Bohai Pharmaceuticals Group (BOPH.OB) Acquires Rights for Medicines from Shandong Daxin Microbiology Pharmaceutical Industry Co., Ltd.

Yesterday, Bohai Pharmaceuticals Group, Inc. announced that it has entered into a binding agreement with Shandong Daxin Microbiology Pharmaceutical Industry Co., Ltd. to acquire the rights to 14 approved Traditional Chinese Medicines that were previously issued to Daxin by the State Food and Drug Administration of China. The purchase price is approximately $7.2 million of which approximately $3 million will be paid within 15 days from the execution of the agreement. Bohai's 14 newly acquired medicines will be added to the 29 traditional Chinese medicine products that the Company is authorized to produce, of which 15 are currently in production.…

WednesdayDec 15, 2010 10:35 am

Cannabis Science (CBIS.OB) Signs Lease For New HQ, Lab Facility

Yesterday, Cannabis Science announced the signing of a lease for a new corporate headquarters in Denver, Colorado. The 6,600 square foot facility will house the executive offices and administrative personnel, as well as contain the Lab Division department which serves as the primary home for the biotech company's cannabis formulations testing and FDA initiatives. Cannabis Science is dedicated to the formulation of cannabis-based medicines, working with and researching pharmaceutical grade marijuana and phytocannabinoid-based pharmaceutical products. The company works with medical authorities to develop methods of treating critical illness using cannabis and related products. Cannabis Science's five year lease will provide…

WednesdayDec 15, 2010 9:37 am

True 2 Beauty, Inc. (TRTB.PK) Receives Coverage Update from Murphy Analytics

Murphy Analytics (MA) today announced it has updated coverage on True 2 Beauty Inc., a California based manufacturer and distributor of sexual enhancement pills and liquids. The Update Report contains a detailed discussion of TRTB recent business developments and objectives, market trends, macroeconomic data and indicators, and risks. To view the full report, visit http://www.murphyanalytics.com/uploads/TRTB_Update. Analyst Patrick J. Murphy, CFA noted in the report: "Announced 12/13/10, TRTB's distribution agreement with Kretek International, Inc. ("Kretek") provides the Company with access to a leading distributor of specialty general merchandise and tobacco products to convenience stores and other retail channels in the U.S.…

WednesdayDec 15, 2010 9:32 am

Simulated Environment Concepts, Inc.’s (SMEV.PK) SpaCapsule Medical Sales Increase Significantly

Simulated Environment Concepts, the manufacturer and developer of medical, aesthetic and wellness equipment, announced this morning that medical applications of the SpaCapsule have surged as physicians and health professionals worldwide incorporate the equipment into rehabilitation, wellness and physical therapy practices. “We’re continually receiving orders from physical therapists, chiropractors and even cosmetic surgeons, all who have seen an increase in patient satisfaction as a result of the SpaCapsule treatment,” commented Dr. Ella Frenkel, President & CEO of Simulated Environment Concepts, Inc. (SE Concepts). “The patients using SpaCapsule can expect improvements in increased circulation, lymph draining, and an overall reduction in stress…

WednesdayDec 15, 2010 9:21 am

Daulton Capital Corp.’s (DUCP.OB) Mining District Gathers Interest as Gold Prices Exceed $1400 an Ounce

Daulton Capital Corp., a natural resource finance company focused on precious & base metal developments, continues to observe developments in the White Gold District as it prepares for further exploration and sampling. The White Gold District, which lies within the Tintina Gold Belt (a 200-km-wide, 1,200-km-long arc extending from northern British Columbia into southwest Alaska), has produced 29.9 million ounces of gold. The Tintina Gold Belt includes large proven and probable gold deposits, such as Pogo (3.6 M ozs P & P reserves) and Fort Knox (3.8 M ounces P & P reserves), as well as large amounts of measured…

WednesdayDec 15, 2010 8:58 am

ARI Network Services, Inc. (ARIS.OB) Announces Appointment of New CFO

ARI Network Services, Inc. announced yesterday that Mr. Darin Janecek has been promoted to Chief Financial Officer. Mr. Janecek will be responsible for all financial, compliance, and risk management functions in the organization. He joined ARI as Director of Finance in May 2009 and received a promotion to Vice President of Finance shortly after that. He brings to the position the knowledge and leadership experience he has gained from more than 20 years in finance and accounting. Prior to joining ARI Network Services, Inc., Mr. Janecek served as Director of Strategic Finance at Johnson Controls, Inc., in Milwaukee. There, he…

WednesdayDec 15, 2010 8:55 am

Magic Software Enterprises Ltd. (MGIC) Subsidiary Inks Deal to Deliver Cargo Management Solution to Aviapartner

Magic Software Enterprises is a global provider of cloud and on-premise enabled application platform and business integration solutions. The company yesterday announced that its wholly owned subsidiary HERMES Logistics Technologies, a leading provider of air cargo management solutions, has signed an agreement to deliver its HERMES cargo management system to Aviapartner, a company engaged in air cargo transportation. The HERMES cargo management system, powered by Magic Software’s application platform, is a complete and integrated solution that encompasses all physical handling, documentation and messaging requirements of ground handling. The system is expected to enhance Aviapartner’s productivity and efficiency for its network…

WednesdayDec 15, 2010 8:54 am

Verenium Corp. (VRNM) Updates on 2010 Accomplishments; 2011 Goals

Verenium, a company engaged in the development and commercialization of high-performance industrial enzyme solutions for biofuels, animal health and nutrition and more, yesterday announced its key 2010 accomplishments, as well as its goals and financial guidance for 2011. One of the most significant achievements of 2010 is the company’s successful transition into a new market. "2010 has been a significant year of transition for Verenium as we moved from being biofuels oriented to being focused on building the next leading industrial enzymes company," Carlos Riva, CEO at Verenium stated in the press release. "We believe we are now well positioned…

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