Blog - Page 3640 of 5669

ThursdayOct 28, 2010 4:04 pm

NeoGenomics (NGNM) Reports Q3 Results, Positive Outlook

NeoGenomics Inc., a provider of cancer-focused genetic testing services, today posted its third-quarter results for the three months ended September 30, 2010. Revenue for the third quarter was reported at $8.7 million, a 19 percent increase over the $7.3 million reported in the third quarter 2009. The company increased its sales and marketing expenses by 11 percent over the third quarter of last year, spending approximately $190,000 on increases in sales and recruiting staff. General and administrative expenses increased 19 percent. The company attributes the increase primarily as a result of additional information technology personnel, R&D activities, and to approximately…

ThursdayOct 28, 2010 4:02 pm

Norsat International (NSATF.OB) Posts Q3 Results; Anticipates Strong Q4

Norsat International Inc., a leading broadband communications solutions provider, today announced its financial results for the three-month period ended September 30, 2010. The company posted total revenues for the third quarter at $4.5 million, up 12.6 percent from $5.1 million reported in the comparable quarter of 2009. The company said consistency in the sales of its microwave products helped offset a decrease in satellite systems sales for the quarter. Third-quarter gross margin was 47.6 percent compared to 47.8 percent for the same period the year prior. The margin improvement is attributed to higher-end products and new product introductions, which generated…

ThursdayOct 28, 2010 2:55 pm

ACADIA Pharmaceuticals, Inc. (ACAD) is “One to Watch”

ACADIA Pharmaceuticals, Inc. is a biopharmaceutical company focused using innovative technology to fuel drug discovery and clinical development of novel treatments for central nervous system disorders. All four of the product candidates in ACADIA's pipeline originate from discoveries made using the company's proprietary drug discovery platform. The company's portfolio include three product candidates that are currently in clinical development and one product candidate in IND-track development. ACADIA's pipeline addresses diseases that are not well served by currently available therapies and represent large potential commercial opportunities. These product candidates offer innovative therapeutic approaches and may provide significant advantages over current therapies.…

ThursdayOct 28, 2010 2:07 pm

Gammon Gold Inc. (GRS) Advances Venus Project in Mexico

Gammon Gold Inc. announced that the company has discovered three separate drilling prospects at its Venus Project in Chihuahua, Mexico. The company did a geologic mapping of the properties along with geo chemical and rock sampling program at the site. Gammon Gold Inc. reported that the company obtained 703 rock samples at the La Boleta drilling target, and determined that 171 of the samples contained gold. The La Boleta drilling target is approximately 2,100 meters in length. At the Santo Nino drilling target, Gammon Gold Inc. obtained 301 rock samples, of which 151 contained gold. The Santo Nino drilling target…

ThursdayOct 28, 2010 2:03 pm

Pro-Pharmaceuticals, Inc. (PRWP.OB) Ships First Order of Revolutionary Cancer Therapeutic DAVANT® to South American Distributor PROCAPS S.A.

Pro-Pharmaceuticals, www.pro-pharmaceuticals.com – the tip of the spear in the fight against cancer and fibrosis via revolutionary therapeutics based on Galectin receptors, reported that the Company’s leading candidate DAVANAT® shipped its first commercial order ($200k value) to Colombia-based pharmaceutical giant PROCAPS S.A. today. CEO of PRWP, Theodore D. Zucconi, Ph.D., hailed the shipment as a “milestone” for the Company and stressed the efforts taken by PRWP to ensure that external variables related to such “first-time, international shipments of pharmaceutical products” were solidified. PROCAPS received exclusive rights earlier this year to market/sell DAVANAT in Columbia and Latin America, accepting responsibility for…

ThursdayOct 28, 2010 2:01 pm

Greenlight Resources Inc. (PRZCF) Starts Testing of New Scientific Process

Greenlight Resources Inc. announced that the company has begun the testing and evaluation of a new scientific process use to extract lithium from other minerals. Greenlight Resources Inc. said that the Silchlor Cyclic Vacuum Chlorination process would be used to test assayed samples obtained from the company’s Brazil Lake properties in Nova Scotia, Canada. The objectives of the testing program are numerous. Greenlight Resources Inc. will attempt to determine if the Silchlor Cyclic Vacuum Chlorination process can extract lithium at a lower cost than the current solar brine process. The company will also determine the amount of waste products produced…

ThursdayOct 28, 2010 12:08 pm

The QualityStocks Blog Hits 20,000 Milestone!

Wow! It's hard to believe we've put out more than 20,000 articles since adding the blog to our website nearly five years ago. What started out with just two passionate writers has grown into a full staff of writers and journalists with varied interests and expertise to create the multitude of content offered by our site each and every day. Today, the QualityStocks Blog keeps investors up to date on everything related to the Small-Cap and Micro-Cap markets. Alternative fuels and power sources, entertainment media, telecommunications, delivery services, healthcare, and retail are all covered on a regular basis. By visiting…

ThursdayOct 28, 2010 11:28 am

Mobile Star Corp. (MBST.PK) Provides Investor Update

Earlier this month, Mobile Star Corp. CEO Danny Elbaz issued a shareholder letter to investors, emphasizing the company's commitment to the commercial introduction of the Mobile Star personal karaoke experience over the next six months. The Mobile Star has made great progress so far this year, recently securing the required financing to continue funding ongoing business operations and meet commercial goals during the next six months. The financial agreement calls for the financier to provide multiple tranches during this pre-commercial period. Over the next two quarters, the company will be focused on the full commercial introduction of the Mobile Star…

ThursdayOct 28, 2010 10:39 am

Vystar Corp. (VYST.OB) Partners with India’s Biggest Latex Glove Producer

Vystar® Corp., creators of a reduced allergenic material (Vytex® Natural Rubber Latex – NRL) to replace standard latex, has secured an initial three-year licensing agreement with KA Prevulcanized Latex Pvt. Ltd (KAPVL), India’s largest latex glove producer. The agreement gives KAPVL sole rights to produce and sell Vytex NRL in six countries (India, Pakistan, Sri Lanka, Nepal, Bangladesh, and Bhutan). The initial agreement period is for three years and calls for specific minimum sales and quality standards to retain the license and territory exclusivity. Vystar President and CEO, William Doyle, commented on the significance of the agreement to the company.…

ThursdayOct 28, 2010 10:08 am

Comstock Mining Inc. (LODE.OB) is “One to Watch”

A Nevada-based precious metals mining company with extensive, contiguous property, Comstock Mining Inc. has amassed the single largest known repository of historical and current geological data on the Comstock region, secured permits, built an infrastructure and brought the exploration project into test mining production. In addition to capitalizing on its current portfolio, the company continues to pursue additional properties in the district. Comstock Mining has carefully organized a management team committed to governance, effectiveness and transparency. The senior team retains exceptional geological, geo-statistical, engineering, regulatory, environmental, financial and operating competencies that are being leveraged to exploit the company's full potential.…

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