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FridaySep 03, 2010 8:20 am

BayHill Capital Corp. (BYHL.OB) Announces Sale of Their Operating Subsidiary

BayHill Capital Corporation announced yesterday that effective August 31, 2010, BayHill sold their entire interest in Commission River Corporation. The transaction included redemption, by Commission River, of 800 of their common shares held by BayHill for a secured negotiable promissory note. The transaction also included sale of the remaining 200 shares to buyers who are the current management team of Commission River, Adam Edwards and Patrick Oborn (Buyers). BayHill expects that the transaction will be treated as an installment sale. The purchase price for sale of Commission River and the redemption of shares of their stock included a cash payment…

FridaySep 03, 2010 8:05 am

Rexahn Pharmaceuticals, Inc. (RNN) Announces Publication on the Anti-Tumor Activity of Novel Anticancer Compound RX-8243

Rexahn Pharmaceuticals, Inc., a clinical stage pharmaceutical company dedicated to developing and commercializing first in class and market leading therapeutics for cancer, CNS disorders, sexual dysfunction and other unmet medical needs, recently announced that a research article on the anti-tumor activity of RX-8243 and its analogues has been published in Bioorganic & Medicinal Chemistry Letters. The article suggests that RX-8243, an isoquinolineamine analogue, significantly inhibits the growth of human cancer cells, including paclitaxel (Taxol®) resistant HCT-15 human colorectal cancer cells. The study demonstrates that RX-8243 inhibited tumor formation in paclitaxel-resistant cancer model, which suggests that isoquinolineamine and its analogues have…

FridaySep 03, 2010 8:03 am

Asia Pacific Wire & Cable Corporation Ltd. (AWRCF) Reports Increase in Sales and Net Income

Asia Pacific Wire & Cable Corporation Ltd. reported large increases in sales and net income for the first six months of 2010, as the company reported strong demand for its products. Asia Pacific Wire & Cable reported sales of $210.9 million in the six month period ending 6/30/2010, compared to sales of $150.7 million in the six month period ending 6/30/2009. The company reported net income of $7.4 million, or $0.54 per diluted share, in the six month period ending 6/30/2010, compared to net income of $3.8 million, or $0.27 per diluted share, in the corresponding period in 2009. The…

FridaySep 03, 2010 8:02 am

Thunder Mountain Gold, Inc. (THMG) Reports Success of Assessment Program at Mine in Idaho

Thunder Mountain Gold, Inc. (THMG) reported the success of a recent mineral assessment program at its South Mountain Mine. The mine is located on 1,200 acres in Owyhee County, Idaho. Thunder Mountain Gold, Inc. conducted a road cut sampling program of the Intrusive Gold Breccia Zone at the South Mountain Mine. The company said that over 8,700 feet of samples were taken at the site. Thunder Mountain Gold, Inc. reported that the sampling program detected an extensive gold anomaly in 113 out of 115 samples taken. The company reported that the average sample contained gold in the amounts of 132…

FridaySep 03, 2010 8:00 am

HealthMed Services Ltd. (HEME.OB) Moves to Acquire Neutral Communicator

Located in Sunnyvale, California, HealthMed Services has developed a strong reputation as an innovative software development company. Yesterday, this young company took a major step towards prominence when they entered final negotiations for the acquisition of Neutral Communicator software and hardware. Neutral Communicator is a friend of people with disabilities. What this state-of-the-art technology does is allow people with extreme disabilities to communicate and is intended to assist those who cannot speak or use their bodies. The Neutral Communicator device detects eye movement, jaw contractions and ALPHA and BETA brain waves allowing hands free input. The software is based on…

ThursdaySep 02, 2010 2:50 pm

Mountain Lake Resources Inc. (MOA.V) Reports Abundant Accessible Gold Mineralization

Mountain Lake Resources, www.mountain-lake.com – the diversified junior exploration firm focused squarely on developing a portfolio of profitable resources, today reported initial results of a barge drilling operation at the Leprechaun Gold Deposit. This initiative has successfully defined a huge area of excellent surface mineralization by fleshing out the historical data with new exploration on the pond via a barge, making the Leprechaun the first defined gold resource in Central Newfoundland’s highly prospective Valentine Lake Property. With an inferred 1.315M tonnes at 10.50 g/t Au (NI 43-101 compliant, 5 g/t Au minimum cut-off, and a 3 m minimum width), and…

ThursdaySep 02, 2010 2:47 pm

OmniReliant Holdings, Inc. (ORHI.OB) Drives Sales with New Office

OmniReliant, www.omnireliant.com – a Company that comprises competencies from direct response (DR) and traditional retail (which are delivered to live shopping networks, direct mail and ecommerce through its subsidiaries), announced today that wholly-owned consumer products enterprise, OmniResponse, Inc., opened a new sales office in Bentonville, Arkansas. VP of Retail Sales for ORHI, and decade-long resident of the Bentonville area, Travis Berger, will head up the retail sales push and illustrate the dynamic of DR by explaining how crucial the timing is between consumer interest and availability of the product. CEO of ORHI, Robert J. DeCecco, noted that this big push…

ThursdaySep 02, 2010 2:40 pm

OriginOil (OOIL) Positioned to Ship Breakthrough Technology Purchase to MBD Energy

OriginOil Inc., a familiar player in the renewable energy field, develops breakthrough technology that transforms algae into renewable oil. The company today announced it is ready to ship a Single-Step Extraction™ System to MBD Energy Ltd. OriginOil said it has notified MBD Energy that it is prepared to ship its Single-Step Extraction(TM) System, marking the second product to be delivered in the companies’ multi-phase commercialization agreement. Andrew Lawson, managing director at MBD Energy, noted his optimism and planned application of the Single-Step Extraction System. "We believe OriginOil's concentration and extraction technology holds promise of reducing costs and energy requirements in…

ThursdaySep 02, 2010 2:35 pm

Camelot Entertainment’s (CMGR.OB) “PUFF THE MAGIC DRAGON” to Air on ABC Family’s “25 Days of Christmas”

Camelot Entertainment Group, Inc. announced today that it has come to terms with ABC Family for the national distribution of “PUFF THE MAGIC DRAGON.” ABC Family will be airing the animated classic during its yearly smash success, “The 25 Days of Christmas.” “PUFF” is based on the hit song by folk stars Peter, Paul and Mary and is the story of Jackie Draper, a shy boy who learns the value of courage from his friend, Puff. This annual event by ABC Family airs from December 1 to December 25 and is widely regarded as the biggest programming event of the…

ThursdaySep 02, 2010 2:15 pm

Orexigen Therapeutics (OREX) and Takeda Pharmaceutical to Commercialize Contrave in North America

Orexigen Therapeutics is a biopharmaceutical company focused on the treatment of obesity. The company filed a New Drug Application (NDA) with the US Food and Drug Administration (FDA) for its lead investigational product for the treatment of obesity – Contrave - on March 10,2010. The company announced today that it has entered into an exclusive partnership with Japanese pharmaceutical giant, Takeda Pharmaceutical. The partnership is being set up to develop and commercialize Contrave in the United States, Canada and Mexico. Contrave is combination therapy believed to address both biological and behavioral drivers of obesity. The central pathways targeted by this…

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