Blog - Page 3670 of 5667

ThursdaySep 30, 2010 2:41 pm

Glen Rose Petroleum Corp. (GLRP.OB) Acquires 4,500 Acres Contiguous to Current Operations in Texas

Glen Rose Petroleum, www.glenrosepetroleum.com – the 29-year veteran, on-shore US oil and gas developer, with some 10.5k acres in Edwards County, Texas’ Wardlaw Field (medium crude of 18-22 API gravity with a 2% sulfur content), today reported acquisition of another 5.4k acres at the Adamson Ranch, which is contiguous to the aforementioned acreage and brings the Company’s total footprint to roughly 15,900 acres. With a 100% working interest and 20% royalty interest in the Adamson Ranch, GLRP is well-positioned to fully exploit the rich reserves at the site, where engineering study data indicates the presence of an estimated 168.7M barrels…

ThursdaySep 30, 2010 1:59 pm

Huifeng Bio-Pharmaceutical Technology Inc. (HFGB.OB) is “One to Watch”

Huifeng Bio-Pharmaceutical Technology Inc., located in Xi'an, People's Republic of China, is focused on developing, producing and selling plant extracts, pharmaceuticals and pharmaceutical raw materials in China and internationally. It is the leading Chinese producer of rutin and related plant-derived chemicals in a class called flavonoids, which have anti-inflammatory, antioxidant and anticoagulant properties. Huifeng's production facilities are ISO9001:2000 certified, a necessary international qualification for export sales. The company also holds a Chinese Good Manufacturing Practices (GMP) certification, which was just recently renewed by the SFDA for five years. Products manufactured under GMP conditions have higher quality, consistency and potency assurances.…

ThursdaySep 30, 2010 10:39 am

XenaCare Holdings, Inc. (XCHO.OB) Partners With Renaissance Publishing

XenaCare Holdings, Inc., a Florida based healthcare products company, today announced signing of an agreement with Renaissance Publishing LLC, for the private label marketing of three XenaCare clinical supplement products. XenaCare will furnish the finished products to Renaissance for marketing in the U.S., with Renaissance providing the packaging and branding. Renaissance is a multimillion dollar company with 150,000 customers to which XenaCare now has access. XenaCare President and CEO, Frank Rizzo, commented on the agreement. “We are very pleased to be working with Renaissance for U.S. private label marketing of these proprietary clinical supplement products. They fit into Renaissance's growing…

ThursdaySep 30, 2010 10:28 am

LeCroy Corp. (LCRY) Reports Preliminary First Quarter Results

LeCroy Corp. is a worldwide leader in serial data test solutions and oscilloscopes. The company offers high-performance oscilloscopes, serial data analyzers and global communications protocol test solutions which measure, analyze and verify complex electronic signals. The company today announced preliminary financial results for its fiscal first quarter ending October 2, 2010. For the first quarter of fiscal 2011, LeCroy expects to report a 38% year-over-year increase in revenues to approximately $38.6 million. This compares with $28 million in the first quarter of 2010 and previous guidance of between $37 million and $38 million for this quarter. LeCroy also expects to…

ThursdaySep 30, 2010 10:24 am

Clear Skies Solar, Inc. (CSKH.OB) Receives High Praise for XTRAX® Technology

Clear Skies Solar, Inc. may have blue skies in their future as indicated by today's announcement about the success of their XTRAX Technology. Located in Mineola, New York, Clear Skies Solar (CSS) is a wholly-owned subsidiary that provides full-service renewable energy solutions to commercial, industrial, and agricultural clients across the country. Today, CSS took a major step towards prominence when they announced that independent lab testing proves high accuracy for their XTRAX Technology. XTRAX is hardware that has the potential to lead the next generation of energy tracking. The first seven ANSI tests relating to accuracy and continuity have shown…

ThursdaySep 30, 2010 9:45 am

Golden Star Resources (GSS) is “One to Watch”

Golden Star Resources is a mid-tier, unhedged gold mining company which over its 25-year history has produced in excess of 2 million ounces of gold. The company has two operating gold mines in western Africa situated along the prolific Ashanti Gold Belt in Ghana. In 2009, production totaled nearly 410,000 ounces of gold from these two mines. The company's goal is to grow its business in Ghana and other selected countries such as the Ivory Coast in western Africa. This is a wise choice and not only because of the richness of the Ashanti gold fields. Western Africa is one…

ThursdaySep 30, 2010 9:41 am

CEL-SCI Corp. (CVM) is “One to Watch”

CEL-SCI Corp. is a biopharmaceutical company dedicated to improving the treatment of cancer and other infectious diseases by unleashing the power of the body's immune system. The company's flagship product is Multikine, the first immunotherapeutic agent being developed as a standard of care treatment for cancer. The company's Multikine has been designated as an orphan drug by the US Food and Drug Administration (FDA) and has recently begun a global Phase III trial in advanced primary head and neck cancer patients. In earlier trials, the drug was shown to kill approximately 50 percent of tumor cells before standard treatments start.…

ThursdaySep 30, 2010 9:19 am

Security Federal Corp. (SFDL.OB) to Participate in United States Department of the Treasury’s Community Development Capital Initiative

Security Federal Corporation, the holding company for Security Federal Bank, announced yesterday that they were approved to participate in United States Department of the Treasury’s (the Treasury) Community Development Capital Initiative (CDCI). The CDCI was established by the Treasury to invest lower cost capital in Community Development Financial Institutions (CDFI). This is to support their efforts to provide credit to small businesses and other qualified customers during this challenging economic period. Participation in the CDCI will provide Security Federal Corporation with $4.0 million in additional capital, along with the $4.0 million from the sale of additional common stock, and lowers…

ThursdaySep 30, 2010 9:01 am

Derycz Scientific, Inc. (DYSC.OB) Reports 70% Revenue Increase for Fiscal Year 2010

Derycz Scientific, Inc., a company that deals in getting information and content from publishers to consumers, reported financial and operating results for the fiscal year ending on June 30, 2010 in a conference call on Sept. 28. The highlights included full year revenues increased 70% to $24.9 million, up from $14.7 million in 2009. Their net loss narrowed from $1.1 million to $307,000. Fiscal 2010 fourth quarter revenues increased 51% to $6.4 million from $4.2 million in the 2009 fourth quarter. "The past fiscal year was exceptionally rewarding for Derycz Scientific. We grew revenues by 70% while significantly expanding our…

ThursdaySep 30, 2010 8:51 am

China Pharmaceuticals, Inc. (CFMID.OB) Issues Reverse Stock Split to Gain Footing for Senior Exchange Listing

China Pharmaceuticals Inc., a leading manufacturer and distributor of prescription and over-the-counter pharmaceuticals in China, today announced it has effected a 1-for-3 reverse share split as of September 22, 2010. As such, a temporary “D” has been added to the end of the company’s ticker, CFMI; the letter will be removed 20 days after the share split becomes effective. The company said it has officially filed necessary amendments to the state of Nevada and FINRA for the reverse share split, which was enacted to better position the company for listing in the public market place. "Today's announcement further demonstrates to…

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