WednesdayAug 25, 2010 10:09 am

Prana Biotechnology (PRAN) Secures European and U.S. Patents for Pharmaceutical Compounds

Prana Biotechnology was established to commercialize research into Alzheimer’s disease and other major age-related neurodegenerative disorders. In line with this objective, the company yesterday announced it has received key PBT2 patents in Europe and the United States for select pharmaceutical compositions. “The grant and extension of PBT2 patent rights in the United States together with securing European patent rights marks a critical milestone in our commercialization plans, offering opportunity in both Huntington’s disease and Alzheimer’s disease,” Geoffrey Kempler, Prana’s executive chairman stated in the press release. The U.S. Patent and Trademark Office (USPTO) granted Prana a composition of matter patent…

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WednesdayAug 25, 2010 9:17 am

Galaxy Gaming (GLXZ.OB) Receives Authorization in Pennsylvania

Located in Las Vegas, Galaxy Gaming is the world’s second largest developer, manufacturer and distributor of casino table games including Lucky Ladies, Texas Shootout, Emperor’s Challenge, Deuces Wild and Triple Attack Blackjack. Today, Galaxy Gaming announced they have received authorization from the Pennsylvania Gaming Board permitting the company to install its table game products into Pennsylvania casinos. Pennsylvania casinos are clearly going to challenge their East Coast rival Atlantic City which lay less than two hours away. With the influx of overall gaming in Pennsylvania, many gambling pundits considered the state the latest craze in gambling. With the recent approval…

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WednesdayAug 25, 2010 7:41 am

Eagleford Energy Inc. (EFRDF) Signs Agreement to Purchase Private Oil and Gas Company

Eagleford Energy Inc. announced that the company has signed an agreement to purchase a private oil and gas company that owns properties that are prospective for the Eagle Ford Shale in Texas. Eagleford Energy Inc. is purchasing Dyami Energy LLC for total consideration of $4.1 million. The company will issue $3.14 million worth of units at $0.90 per unit and exchange these units to acquire 100% of the ownership interests of Dyami Energy LLC. Eagleford Energy Inc. will also assume $960,000 of debt owed by Dyami Energy LLC to various entities through the issuance of a secured promissory note. The…

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WednesdayAug 25, 2010 7:39 am

Greenlight Resources (PRZCF) Provides Update Regarding Mineral Property in Canada

Greenlight Resources reported the results of an updated assessment of its resources at its mineral prospect in Canada. The assessment was based on an updated prospecting and mapping of its properties. Greenlight Resources said that the company has located three additional prospective zones at the Brazil Lake Lithium and Rare Metal property in Nova Scotia, Canada. This brings the total prospective zones at the Brazil Lake property to five. Greenlight Resources has designated these new zones as the Deerfield, Army Road and Church Road sites. The sites were identified using pegmatite boulder float trains, and require more work to confirm…

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WednesdayAug 25, 2010 7:37 am

Options Media Group (OPMG.OB) Teams with Encompass Communications to Distribute Anti-Text While Driving, Mobile Security and Anti-Spyware Products

Options Media Group Holdings, Inc. announced yesterday that they have come to terms with Encompass Communications, LLC for Encompass to add Option’s mobile applications to their premiere prepaid product suite. Encompass will be adding OPMG’s PhoneGuard Anti-Text While Driving, Mobile Security and Anti-Spyware for mobile applications to the suite. With the propriety technologies, Encompass is expanding features for their customers to include safe texting and identity theft protection. The new features will be exhibited by Encompass at booth 224 at the upcoming Prepaid Press Expo at Caesar’s Palace in Las Vegas on August 24 – 26, 2010. The products will…

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TuesdayAug 24, 2010 3:23 pm

HealthWarehouse.com, Inc. (HEWA.OB) is “One to Watch”

‏HealthWarehouse.com, Inc. is a leading retail mail-order pharmacy with a mission to provide affordable healthcare to every American by eliminating inefficiencies in the drug distribution chain. HealthWarehouse.com trades on the OTC Bulletin Board and has their corporate headquarters in Cincinnati, Ohio. HealthWarehouse.com offers 300 prescription drugs for $3.50 with 100 percent free shipping. The Company is a 2009 winner of the BizRate Circle of Excellence Award for outstanding customer satisfaction and service. They have become one of the fastest growing online pharmacies in the United States and are licensed in 49 states. The Company only sells drugs that are FDA-approved…

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TuesdayAug 24, 2010 3:12 pm

Adama Technologies Corp. (ADAC.OB) in Talks to Merge with Privately-Held Clean Tech Company

Adama Technologies Corp. is a brownfield remediation company whose foundation lies in its patented technology. The company's technology successfully treats all Resource and Recovery Act (RCRA) and Universal Treatment Standards (UTS) metals. Adama's technology has successfully completed the US Environmental Protection Agency (EPA) “SITE” program and is ready for commercial use. The company today announced that it has entered into negotiation with a privately-held clean tech company based in Israel. The company in question holds approximately $44 million in assets and expects to generate revenue of $10 million in 2011. This proposed merger would provide Adama a host of benefits…

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TuesdayAug 24, 2010 1:56 pm

ZST Digital Networks, Inc. (ZSTN) Success Leads to Share Repurchase Program

ZST Digital Networks, www.shenyangkeji.com – the digital/optical network hardware provider and installer widely known among Chinese cable system operators for its excellent reputation and innovative offerings, announced a share repurchase program today. The Board of Directors at ZSTN validated the repurchase of an amount of shares not to exceed $1M in open market purchasing. Acquired shares, once purchased, will be cancelled and ZSTN will pursue the process in full accordance with Securities Exchange Act of 1934, Rule 10b-18. Chairman and CEO of ZSTN, Mr. Bo Zhong, called the authorization by the Company’s Board of Directors a clear indication of abundant…

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TuesdayAug 24, 2010 1:52 pm

Vyteris, Inc. (VYTR.OB) Obtains Exclusive License to Powerful New Complementary Transdermal Drug Delivery Technology

Vyteris, www.vyteris.com – developers of the revolutionary LidoSite® active transdermal drug delivery patch, disclosed details of an agreement with Georgia Institute of Technology’s Georgia Tech Research Corporation today. The agreement grants VYTR the option to exclusively license a patented thermal ablation and microdevice fabrication technology developed at Georgia Tech, which will be used to enhance transdermal drug delivery by increasing skin permeability from delivery of high molecular weight compounds. President and CEO of VYTR, Haro Hartounian, Ph.D., called access to these innovative technologies a real boost to the Company’s already robust transdermal capabilities, noting how the new technologies are complementary…

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