Blog - Page 3656 of 5668

WednesdayOct 13, 2010 1:53 pm

SOKO Fitness & Spa Group, Inc. (SOKF.OB) Reports Results for First Quarter of Fiscal 2011

SOKO Fitness & Spa Group, Inc. reported increases in sales and net income for the first quarter of fiscal 2011. The company also reported strong year over year and sequential increases in membership. SOKO Fitness & Spa Group, Inc. reported sales of $9.1 million in the quarter ending August 31, 2010. This was a 42% increase from the first fiscal quarter of 2010. SOKO Fitness & Spa Group, Inc. reported net income of $3.1 million, or $0.14 per diluted share, in the first quarter of fiscal 2010. The company had net income of $2.3 million, or $0.13 per diluted share,…

WednesdayOct 13, 2010 1:34 pm

True 2 Beauty, Inc. (TRTB.PK) Announces First Overseas Distribution Agreement for Libigrow

True 2 Beauty Inc. announced today that the "Libigrow" family of products has signed its first overseas distribution agreement. The distributor has agreed to purchase a minimum of $500,000 of products and serve a distribution area that includes Great Britain & the Republic of Ireland, Italy, Turkey, Germany and Switzerland. Alex Hbaiu, President and CEO of True 2 Beauty Inc., stated, "This agreement is the first step in our efforts to bring the 'Libigrow' family of products to Europe and we are pleased to have strong local marketing experts to assist us." Earlier this month, True 2 Beauty announced an…

WednesdayOct 13, 2010 1:19 pm

Intelbahn Inc. (INBH.OB) Signs Letter of Intent to Acquire Large Natural Gas Property in Kansas

Intelbahn (UnionTown Energy Inc.), www.uniontownenergy.com – announced today signage of a letter of intent with JayHawk Energy Inc. to purchase the UnionTown Project, a potentially ideal coal seam natural gas candidate in Bourbon County, Kansas. Intelbahn is a publicly traded and fully reporting American Issuer with proficiencies in oil and gas, as well as biometrically enhanced security hardware/software. Since its inception in 2004, the Company has been determinedly seeking to acquire and develop the perfect business. The letter of intent specifies that Intelbahn will undergo a name change to UnionTown Energy Inc., and that transaction closing should occur within 20…

WednesdayOct 13, 2010 1:17 pm

Primus Telecommunications Group, Inc. (PMUG.OB) Charges Forward with New CEO, Industry Veteran Peter D. Aquino

Primus Telecommunications Group, www.primustel.com – the total solution provider for voice, data and e-business to a global market via facilities-based networks/datacenters, reported today that effective yesterday, independent director Peter D. Aquino was named Chairman, President and CEO by the board of directors. Board member of PMUG, Neil Subin, commended acting CEO John Spirtos, who will remain on the board, for his masterful work during the Company’s transition phase and noted that the board is still conducting a search for a new CFO. Subin conveyed the board’s utmost satisfaction with the CEO choice, noting that “Pete Aquino is a senior and…

WednesdayOct 13, 2010 1:15 pm

Gasco Energy, Inc. (GSX) Issues Oil and Gas Operations Report

Gasco Energy, Inc. issued an operational update on the company’s oil and gas exploration and development program. The company is active in the Rocky Mountain region in the United States. Gasco Energy, Inc. is currently focused on the Riverbend project located in the Uinta Basin in Utah. The company is targeting several different formations, including the Wasatch, Mesaverde, and Mancos zones. Gasco Energy, Inc. began a program to recomplete wells at the Riverbend project in February 2010. The company has recompleted sixteen gross wells since then, with five gross wells recompleted during the third quarter of 2010. Gasco Energy, Inc.…

WednesdayOct 13, 2010 1:13 pm

Prime Sun Power (PSPW.OB) Inks Key Agreements to Co-Develop 100MW Solar Plan in France

Prime Sun Power Inc. operates with the intent to provide solar power, wind power and other renewable energies. The company said it plans to develop, build and operate 500 megawatts (MW) of photovoltaic (PV) solar power generation through the end of 2013. The company today announced it has signed a master acquisition agreement with investment manager DFD Select Group Ltd. and EnWay SAS, and with EnWay, an operational coordinator in the renewable energy industry. Per the agreement, the companies will co-develop up to 100 MW PV plants in France in 2011. Upon grid connection, Prime Sun Power plans to acquire…

WednesdayOct 13, 2010 1:06 pm

ImmunoCellular (IMUC.OB) Develops Method for Optimal Vaccine Production

ImmunoCellular Therapeutics is a clinical-stage biotechnology company focused on developing immune-based therapies for the treatment of various cancers. The company recently completed phase I trials for its lead product candidate ICT-107, and today announced that it has developed an innovative means to manufacture the dendritic cell-based vaccine for the treatment of glioblastoma multiforme (GBM), a common type of brain tumor. ImmunoCellular co-developed the method with the Clinical Cell and Vaccine Production Facility at the University of Pennsylvania. The method is a closed-bag system designed to produce highly potent dendritic cells from white blood cells collected from patients to use in…

WednesdayOct 13, 2010 1:04 pm

Acorn Energy (ACFN) Subsidiary Receives Frost & Sullivan 2010 Oil & Gas Industry Innovation of the Year Award

US Sensor Systems Inc. is a subsidiary of Acorn Energy, which designs, manufactures and sells fiber optic sensing systems and solutions for the energy and defense industries. Acorn Energy's other subsidiaries include CoaLogix, Coreworx, DSIT and GridSense. US Sensor Systems announced today that Frost & Sullivan – the world leader in technology, market, customer, and economic research – has selected the US Sensor System Geophone sensor for its 2010 Technology Innovation of the Year Award for Fiber Optic Sensor Technology for the oil and gas industry. The award will formally be presented in November 2010. US Sensor Systems' new fiber…

WednesdayOct 13, 2010 12:53 pm

Intelimax Media Inc. (IXMD.OB) Integrates Gamboozle with Facebook

Located in Vancouver, British Columbia, Intelimax Media is an Internet Services company that focuses on internet games and other online content. Today, Intelimax announced that its social gaming platform Gamboozle will now be integrated with Facebook. Gamboozle is a unique website that features a vast array of online games that stems from Poker to Fantasy Sports. While Gamboozle attracts a multitude of customers, the utilization Facebook will enhance this already popular gaming platform. Most of Intelimax’s customers are Facebook users and with this new “Facebook Connect” feature, these individuals will be allowed to click through directly to the Gamboozle website.…

WednesdayOct 13, 2010 12:48 pm

China’s Paper Dragon

It’s no surprise to anyone that China carries a huge amount of U.S. debt, over $800 billion dollars and growing fast, though Japan is close behind. China now has more paper reserves than anyone and, in spite of weakened U.S. demand, China continues to hold a big trade surplus, spurring a potential currency war as calls grow for the yuan to rise. Upcoming U.S. elections can be blamed for bumping up the rhetoric, but the issue is real and nobody expects it to go away soon. It’s more than just Chinese exports and a weak dollar fueling the paper flow.…

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