Blog - Page 3647 of 5624

MondaySep 13, 2010 9:17 am

Hana Biosciences, Inc. (HNAB.OB) Reverse Stock Split Becomes Effective Today

Hana Biosciences, Inc., a biopharmaceutical company that focuses on cancer care, has instated a 1 for 4 reverse split of its common stock. The split was previously authorized by stockholders at a special meeting on September 2nd, 2010. As a result of the reverse split, every four shares of Hana's pre-split common stock was automatically reclassified as and combined into one share of post-split common stock. As a result, the number of outstanding shares of common stock is approximately 21.2 million, excluding outstanding stock options and warrants to purchase common stock, and subject to adjustment for fractional shares. The reverse…

MondaySep 13, 2010 9:12 am

Ruby Creek Resources, Inc. (RBYC.OB) Signs Purchase Agreement for Kapinga Property

Ruby Creek Resources, Inc., an exploration and mining company, now has rights to an additional 340 Sq Km in one of Tanzania’s largest alluvial Goldfields. The Company already has a majority of its holdings in Tanzania. Should Ruby Creek decide to exercise its right, the new property would be acquired at the purchase price of $500,000. The property is located directly adjacent and south of the Ruby Creek Mkuvia Gold Project in southern Tanzania. Payments for the property are set up to be staged, first payment of $250,000 upon purchase and remaining $250,000 will be made when the first mining…

MondaySep 13, 2010 8:59 am

Harrington West Financial Group, Inc. (HWFG.OB) Files for Chapter 11

Harrington West Financial Group, Inc. has decided to file for Chapter 11 bankruptcy protection and liquidate its assets. The case was filed in the United States Bankruptcy Court, Central District of California, Northern Division. A plan for liquidation will be released in a few months. Looking at the history of the stock, this event did not come as a surprise. HWFG has been on a downward slide for the last 3 months. Earlier this summer, an Entry of a Prompt Corrective Action Directive (“PCA Directive”) was announced. The PCA Directive outlines guidelines for reporting to the OTS on the status…

MondaySep 13, 2010 8:22 am

VizStar, Inc. (VIZS.OB) CEO Issues Shareholder Letter Detailing Future Plans

Earlier this morning, VizStar, Inc.'s CEO, Gary Clyburn Jr., issued a letter to the investment community outlining the Company's current positioning, growth strategy and pending developments. The letter is presented below in its entirety. Dear present and many future VizStar shareholders, In the near future, we will be changing our name to Celestial Jets to better reflect our business operations. We are a private jet company that is using state of the art telecommunications technology to provide on-demand private jet service to a large and lucrative market, the upper income individual. This multi-billion dollar market is best represented by the…

MondaySep 13, 2010 8:01 am

CytRx Corporation (CYTR) Video Chart for Monday, September 13, 2010

CYTR is trying to make a move off a support level. The indicators are aligned to support this movement. We will be closely watching the support, resistance and trendlines as described in the video. Please click the following link: http://www.qualitystocks.net/videocharts.php Let us hear your thoughts below:

FridaySep 10, 2010 3:55 pm

Aceto Corp. (ACET) Posts Q4, FY 2010 Financial Results; Announces Key Management Changes

Aceto Corp. operates in ten countries as a global leader in sourcing, quality assurance, regulatory support, marketing and distribution of pharmaceuticals, nutraceuticals, specialty chemicals and crop protection products. The company today posted its financial results and business highlights for the fiscal fourth quarter and year ended June 30, 2010. The company reported net sales for the fiscal 2010 fourth quarter at $105.8 million, up 41.4 percent from $74.8 million reported in the fourth quarter of 2009, representing record quarterly sales in Aceto's history. Gross profit for the fourth quarter of 2010 increased 34.4 percent to $15.7 million as compared to…

FridaySep 10, 2010 2:21 pm

JA Solar Holdings Co., Ltd. (JASO) Signs RMB 30B Agreement with China Development Bank

JA Solar, www.jasolar.com – a global leader in high-performance solar cells and modules, today reported signing of a Financial Partnership Agreement with the Shanghai branch of the Chinese central government’s solely owned policy bank, China Development Bank (CDB). The agreement constitutes a rather symbiotic operational framework for collaborative efforts between CDB and JASO while developing the Company’s long-term growth strategy, and provides up to RMB 30B of financing and credit facility towards that end. Internal CDB risk management and operational regulations (subject to individual credit and lending agreements) will ultimately determine the discrete details of terms for the credit facilities,…

FridaySep 10, 2010 2:19 pm

China Jo-Jo Drugstores, Inc. (CJJD) Opens Four New Zhejiang Locations, Plans More

Jo-Jo Drugstores, www.jojodrugstores.com – widely known throughout the Zhejiang Province for its drug stores that offer low-cost/high-quality prescriptions/OTC drugs, traditional Chinese medicinal products and personal care, as well as access to licensed physicians, announced new store openings today in Hangzhou, bringing the total number of stores to 45. Chairman and CEO of CJJD, Dr. Lei Liu, characterized the four new openings as both consistent with the Company’s plan to have 60 locations open by March 2011 in Zhejiang, and as a shrewd move which strengthens CJJD’s overall market position considerably. Organic growth has steadily seen CJJD grow to become a…

FridaySep 10, 2010 11:46 am

MMRGlobal, Inc. (MMRF.OB) Continues Innovative Expansion with New Travel and Benefits Sales Department

MMRGlobal, Inc. is moving forward with full force in its business strategies to continually tap into all markets and industries that can benefit from MMRGlobal technologies. Our conversations with the MMRGlobal Chairman and CEO, Bob Lorsch, regarding growth and development contain discussions focused on the Company’s ingenuity and “out of the box” thinking to capitalize on the extreme breadth of untapped consumers which can benefit from what MMRGlobal has to offer. The more obvious consumers, such as people directly in the medical field or people that move about regularly receiving health care in various locations, and the general population who…

FridaySep 10, 2010 10:36 am

Simulated Environment Concepts (SMEV.PK) Accessorizes

Considering that so much has been written about SpaCapsule®, the world’s most advanced water massage and personal relaxation system, a product of Simulated Environment Concepts Inc., it’s surprising that more hasn’t been said about the system’s accessories. The currency acceptor, for example, is what allows the system to take virtually any type of currency, a critical factor in the rapid globalization of SpaCapsule. • Currency Acceptor - For a self-service environment, or when strict accounting control is required, SpaCapsule can be built with a Currency or Token Acceptor. These units become totally integrated into the software and hardware of the…

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