The AMNP chart is at a point where it is time to make a decision. Many of the indicators have set-up nicely over the last couple months and now are at a “make-or-break” point. Please click the following link: http://www.qualitystocks.net/videocharts.php?chartvid_id=392 Let us hear your thoughts below:
Micro Identification Technologies, Inc. recently announced its profile in HealthNewsDigest.com. The article featuring the company is an excellent source for readers and experts who want to learn more about the importance of innovative ways to protect food safety. Written by biochemist Michael D. Shaw, the article showcases MIT's proprietary technology and emphasis on preventing food-borne illnesses. Readers can view the article at: http://www.healthnewsdigest.com/news/contributing%20columnist0/Shining_A_Light_On_Food-Borne_Illnesses.shtml Mr. Shaw wrote, "Two distinct advantages of [MIT's] method are the very quick identification time (less than 10 minutes), and the low cost ($0.10 per test). 23 species can now be identified with this technique. An upcoming…
Canadian pharmaceutical developer Stellar Pharmaceuticals Inc. reported that they signed a licensing agreement with medac GmbH for the distribution and sale of one of its lead products, Uracyst®. The product, a sterile sodium chondrotin solution used to treat interstitial cystitis/painful bladder syndrome, will be marketed in Germany and Austria; there, the product is trademarked as Uropol®. With the approved CE mark for the product already in place, the company expects that medac will launch Uropol® in the third quarter of 2010. The agreement has an initial five-year term with additional two-year renewal periods, and under the terms of the agreement,…
MedaSorb Technologies Corporation announced yesterday that they have formally changed their company name to CytoSorbents Corporation. Along with this corporate name change, the new ticker symbol for the Company will be CTSO.OB, effective at the open of business on Friday, May 7, 2010. MedaSorb Technologies Corporation formerly traded under the symbol MSBT.OB. CytoSorbents Corporation, and their operating subsidiary CytoSorbents, Inc., is a therapeutic device company. They are in clinical trials to treat severe sepsis with a novel blood purification device called CytoSorb™. Severe sepsis often goes by the name "overwhelming infection." The triggering of severe sepsis is usually by bacterial…
ADVENTRX Pharmaceuticals, Inc. reported the completion of an already disclosed sale of stock in a direct offering to several institutional investors. Rodman & Renshaw, LLC was the placement agent for the offering. ADVENTRX Pharmaceuticals, Inc. received gross proceeds of $19.2 million in the sale, and will use the proceeds to continue research on its main products, the acquisition of new products and general corporate purposes. ADVENTRX Pharmaceuticals, Inc. issued Series F convertible preferred stock to the investor group that is convertible into common shares of ADVENTRX Pharmaceuticals, Inc. at a conversion price of $3.7025 per share. The preferred stock also…
Silver Pearl Enterprises Inc. (to be renamed Keyuan International Group Limited), a leading independent manufacturer and supplier of various petrochemical products in China, today announced it has retained Hampton Growth for its investor relations services and to support international market reach. Hampton is expected to correlate with and complement actions of HC International Inc., which will provide traditional investor relations activities and institutional investor management for the company. "We are excited to be working with Hampton Growth and look forward to them assisting us to maximize the value of our enterprise by providing exposure to their vast network of retail…
LSB Financial Corp. reported net income of $0.53 million, or $0.34 per diluted share, in the first quarter of 2010. The bank earned net income of $0.30 million, or $0.20 per diluted share, in the same quarter of 2010. Management of LSB Financial Corp attributed the strong improvement in earnings to cost control efforts that more than offset the fall in interest income that the bank received. Randolph F. Williams, the CEO of LSB Financial Corp, said, “The fundamentals of the bank are strong as seen in the 23.5% increase in net interest income and a 5.3% reduction in non-interest…
General Environmental Management announced this afternoon that it has signed an exclusive marketing agreement with Earthsonics for down hole stimulation of oil and gas production using a combination of PetroMax and sonic stimulation. “This agreement represents a significant stride forward in the company’s effort to bring new technology to the energy market,” stated GEM’s CEO, Timothy J. Koziol. “Furthermore, it extends our service to the oil and gas industry to encompass the whole production process from well site to waste disposal.” Doug Edwards, GEM’s Chief Strategy Officer, explained the process, “Sonic stimulation is a process that takes low frequency sound…
Shrink Nanotechnologies, Inc., revolutionary developers of nanotech solutions based on innovations developed by Dr. Michelle Khine, announced the inception of a sponsored 3-year research agreement with California’s largest public university system today. Dr. Khine’s innovations have become the core technology behind the Company’s NanoShrink™ plastic substrate, which uses the technology to rapid-manufacture complex nanostructures from shrinkable polystyrene via the patent-pending ShrinkChip Manufacturing Solution™ process (with current primary applications in biological/environmental sensing tools and full-spectrum solar cells). CEO of INKN, Mark L. Baum, noted the importance of the Company’s integrated FIGA (finance, industry, government and academia) model, which offers superior public…
China TMK Battery Systems Inc., founded in 1999 and well-known throughout the Peoples Republic of China (PRC) for manufacturing and distributing some of the finest multi-cell Nickel Metal Hydride (Ni-MH) batteries on the market from its facility in Shenzhen, today announced the appointment (effective May 1) of Mr. Jin Hu to the CFO position. China TMK batteries are characterized by an exceptionally high rate of discharge, and enhance the Company’s reputation for painstakingly developing customized, long-lasting rechargeable power solutions via tight integration with the client. President and Chairman of DFEL, Mr. Henian Wu, expressed his pleasure at retaining such an…
