Blog - Page 3633 of 5624

FridaySep 24, 2010 2:39 pm

SED International Holdings, Inc. (SECX.OB) Extends Share Repurchase Program

SED International, www.SEDonline.com – a 30-year veteran multinational and preferred distributor of computer technology, small appliances, cellular products and consumer electronics, reported reservation of an additional $150k by the Board of Directors for stock repurchases under the Company’s current program. The reservation was made two days ago (Sept. 22) as part of the stock repurchase program, pursuant to which the Company is able to buy back shares of common stock via the open market or individually negotiated transactions. President and CEO of SECX, Jonathan Elster, confidently asserted that this extension of the repurchase program validates the Company’s steadfast commitment to…

FridaySep 24, 2010 2:37 pm

Synergy Resources Corp. (SYRG.OB) Reports Excellent Initial Flow Results at its State Lease

Synergy Resources, www.synergyresourcescorporation.com – the US-focused oil and gas firm with primary assets in the Denver-Julesburg Basin (Colorado, Wyoming, Kansas, and Nebraska), reported excellent initial results for a 24-hour flow testing session on eight wells at its “State Lease” today where SYRG operates all the wells and holds a 75% working interest. A statistical breakdown of these initial results can be found here. CEO of SYRG, Ed Holloway, took a moment to comment on these extremely promising results, which exceeded expectations, and characterized the data as justification of the Company’s strategy to develop an exploration and production portfolio centered on…

FridaySep 24, 2010 12:52 pm

Receivable Acquisition & Management Corp. (RCVA.OB) CEO Writes Letter to Investors

Receivable Acquisition and Management Corp. today in a press release published a shareholder letter from CEO Max Khan. The letter details the new direction of the company, which will focus on the Health Information Technology industry. It is anticipated that this industry will grow to be a $53 Billion industry by 2014. The entire shareholder letter is shown below: Dear Shareholders: We began investing in distressed consumer debt in 2004, but we had difficulty to scale up to desired levels due to an extraordinary increase in prices paid for this type of consumer debt. This was followed by the massive…

FridaySep 24, 2010 11:15 am

Genta Inc. (GETA.OB) – An Innovator in Cancer Treatment Drugs

Genta Inc. is a biopharmaceutical company focused on the development and commercialization of drugs for the treatment of people with cancer. The company has built a broad portfolio of proprietary products in various stages of clinical development. Genta's drugs in development include Ganite (gallium nitrate), Genasense (oblimersen sodium), Tesetaxel, and oral gallium. Here is a brief overview of Genta's four cancer drugs: • Tesetaxel is a novel, orally-absorbed taxane that is in the same class of drugs as docetaxel and paclitaxel. Tesetaxel has completed several Phase 2 clinical trials. The company has initiated studies of the drug in patients with…

FridaySep 24, 2010 11:12 am

Global Investor Services, Inc. (GISV.OB) Executes Agreement with Cougar Group for Expansion into Asian Markets

Located in New York, New York, Global Investor Services provides and delivers a comprehensive on-line program of investor education through its premier product line InvestView and offers an array of state-of-the-art technology to assist investors in making key decisions with their money. Today, Global made the announcement that they executed an agreement for global expansion into the Asian markets with the assistance of The Cougar Group. The Cougar Group is a corporation with headquarters in Hong Kong and affiliate firms in all 12 Asian markets. With the Cougar Group assisting Global, the young company intends to expand InvestView to Asian…

FridaySep 24, 2010 10:27 am

VizStar, Inc. (VIZS.OB) Flys Well Ahead of Competitors

Private aviation broker VizStar Inc., dba Celestial Jets, is unique in its industry, with some very specific things going for it. Headquartered in New York, the company provides upscale charter aviation services to entertainers, athletes, executives, and even government agencies. And it does it all on an as-need quick-response basis, without demanding membership or initiation fees. Customers just call and fly from any point to any other point, using any one of 5700 available aircraft, completely avoiding the wait and the hassle normally associated with air travel. • The company offers competitive charter rates, but without the upfront charges, an…

FridaySep 24, 2010 8:56 am

Arena Pharmaceuticals, Inc. (ARNA) Video Chart for Friday, September 24, 2010

ARNA is a possible bounce play. Yesterday’s candle created a piercing line pattern, a relatively strong bullish reversal pattern. We will be looking for confirmation today. Please click the following link: http://www.qualitystocks.net/videocharts.php Let us hear your thoughts below:

FridaySep 24, 2010 8:03 am

Callon Petroleum Corp. (CPE) Reports Increase in Proved Reserves and Reaffirms Production Guidance

Callon Petroleum Corp. reported a strong increase in proved reserves of oil and gas compared to the end of 2009, and reaffirmed the company’s production guidance for the third quarter of 2010. Callon Petroleum Corporation reported proved reserves of 13 million barrels of oil equivalent at 9/1/2010, a 34% increase from the 9.7 million barrels of oil equivalent reported at 12/31/2009. The company said that 58% of the reserves were oil and the balance were natural gas. The management of Callon Petroleum Corporation attributed the increase to development of oil and gas properties in the Permian Basin of Texas and…

FridaySep 24, 2010 8:01 am

Neogen Corp. (NEOG) Reports Higher Sales and Net Income for First Quarter of Fiscal 2011

Neogen Corp. reported strong year over year increases in sales and net income in the first quarter of fiscal 2011. The company reported sales of $42.9 million in the quarter ending 8/31/2010, compared to sales of $32.3 million in the first quarter of fiscal 2010. Net income for Neogen Corporation came in at $5.8 million, or $0.25 per share, in the first quarter of fiscal 2011. The company reported net income of $4.4 million, or $0.19 per share, in the same fiscal quarter last year. The recent results continue a streak of seventy consecutive profitable quarters for the company. Neogen…

FridaySep 24, 2010 7:57 am

Earthstone Energy, Inc. (BSIC.OB) Announces New Prospective Exploration Partner in Banks Field

Earthstone Energy, Inc. (OTCBB: BSIC) announced today of a new development in their Banks Field project site. The Company’s majority partner in the Banks Field, Panther Energy Company, LLC. has sold its interest in the field, comprising nearly thirteen thousand gross mineral acres, to Brigham Exploration Company, (Nasdaq: BEXP), an oil and natural gas exploration company. Earthstone intends to participate in new wells proposed by Brigham or others that “pool or space” leasehold rights within spacing units they operate. This sale does not affect Earthstone's leasehold rights in the area. Brigham applies 3-D seismic imaging and other technologies to look…

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