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ThursdayApr 08, 2010 12:00 pm

Cortex Pharmaceuticals Inc. (COR) Posts Q4, FY 2009 Financials

Cortex Pharmaceuticals Inc. is a California-based neuroscience company focused on novel drug therapies for neurological and psychiatric disorders. The company recently posted its fourth quarter and full year financial results, as well as recent developments. Cortex reported a net loss applicable to common stock of $1,599,000, or $0.02 per share, for the quarter ended December 31, 2009, compared with a net loss of $3,130,000, or $0.07 per share, for the same three-month period of 2008. For the fiscal year ended December 31, 2009, Cortex reported a net loss applicable to common stock of $10,788,000, or $0.19 per share, compared to…

ThursdayApr 08, 2010 11:58 am

Transdel Pharmaceuticals (TDLP.OB) Closes $1 Million Debt Financing

Transdel Pharmaceuticals Inc., a specialty pharmaceutical company focused on developing topically administered products using its Transdel™ proprietary transdermal delivery platform, today announced completion of a private source financing agreement in the amount of $1 million. The source of the financing is an existing shareholder, backed up by a senior convertible promissory note carrying an annual interest rate of 7.5% and a two-year term. The holder has the right to convert all or part of the outstanding principal and accrued interest on the note into shares of Transdel common stock at a conversion rate of $1.00 per share. Transdel has the…

ThursdayApr 08, 2010 11:52 am

Bergio International, Inc. (BRGO.OB) to Acquire Advanced Integrated Solutions

Bergio International Inc. is leading jeweler creating one of the world's largest diversified jewelry designers and manufacturers through acquisitions and consolidation in the estimated $160 billion a year, highly fragmented mom and pop jewelry industry. Bergio currently sells its jewelry to approximately 150 independent jewelry retailers across the country. The company announced today the signing of a letter of intent to acquire Advanced Integrated Solutions (AIS) for the purpose of building out Bergio's newly formed web property. AIS is a technology firm specializing in business applications, e-commerce, web development and internet networking. Bergio feels this acquisition is the first step…

ThursdayApr 08, 2010 10:58 am

National Automation Services, Inc. (NASV.PK) Announces Equity Financing Commitment of Up to $5 Million

National Automation Services, Inc., a public holding company focused on designing, engineering, installing and maintaining automated control systems, announced earlier today that it has obtained an equity financing commitment of $5 Million from Ascendiant Capital Group, LLC, a private equity firm, and its affiliate, Ascendiant Equity Partners, LLC. During the two-year term of the equity financing commitment, NAS may sell shares of its common stock to Ascendiant up to the total commitment amount. According to the press release, the company will determine, at its sole discretion, the timing and amount of any sales of its stock, subject to certain conditions.…

ThursdayApr 08, 2010 10:38 am

Rubicon Minerals Corp. (RBY) Continues 2010 Exploration Strategy, Readies Options Sale for Portions of Red Lake Property

As the stock market continues its odd climb higher and investors begin to wonder about the future, commodities remain a hedge. Those supposedly "in-the-know" indicate that all portfolios should contain about 10% of a base metal position, most likely gold. The non-technical term for this market is going sideways so if there is no gold in your investment strategy there are some options available. Rubicon Minerals Corp., a development stage base metals exploration company, works to find, develop and exploit base metals primarily in the United States and Canada. As of March 31, 2019 the company controlled over 650,000 acres…

ThursdayApr 08, 2010 10:33 am

International Stem Cell Corp. (ISCO.OB) Continues Climb by Providing Strategic Update on Skin Care Program

One company that has been steadily evolving is the International Stem Cell Corporation. Located in California, the biotechnology corporation has earned a stellar reputation by focusing on therapeutic and research products. Today, International Stem Cell Corporation took a major step towards enhancing its future with the announcement that they have provided a strategic update on their skin care program. The International Stem Cell Corporation’s subsidiary Lifeline Skin Care Inc., has achieved positive results in human safety tests of its cosmetic products and is moving forward with arrangements with Cosmetic Enterprises Ltd. for the manufacture of three cosmetic products. Lifeline Skin…

ThursdayApr 08, 2010 10:28 am

Socialwise, Inc. (SCLW.OB) Signs another Major Star to Endorse BillMyParents

Socialwise, Inc. announced today that they have now signed world-renowned skateboarder, Ryan Sheckler, to a contract as a spokesman to promote its online bill payment solution, “BillMyParents.” Sheckler, a professional skateboarder, is a teen favorite as proven with his Nickelodeon Kids' Choice Awards Favorite Male Athlete for 2010. Mr. Sheckler will be joining his friend and colleague, Rob Dyrdek, who was also announced earlier this week as spokesman for BillMyParents by Socialwise. Sheckler burst onto the scenes at the age of 13 with his gold medal performance at the X Games and Gravity Games that have gained worldwide notoriety. Other…

ThursdayApr 08, 2010 10:26 am

Halo Companies, Inc. (HALN.OB) Subsidiary Contracts with Local Mortgage Asset Management Fund

Halo Portfolio Advisors LLC provides their clients with an integrated approach for returning performance to distressed debt portfolios. The firm is a subsidiary of Halo Companies Inc. which operates primarily in the consumer financial services industry. Halo Portfolio Advisors announced today that it signed an agreement with a mortgage asset management fund to take advantage of the unique workout program that Halo provides. The new agreement allows Halo to improve the portfolio performance of the hedge fund operating in the distressed mortgage industry. This will be achieved by applying Halo's creative home retention strategies. Halo will attempt to work out…

ThursdayApr 08, 2010 8:24 am

eDoorways Corp. (EDWY.PK) Releases ‘Facebook Connect’ with Twitter Functionality

This morning, eDoorways Corp. excitedly announced that the company has launched its Facebook integration model, which includes the 'Facebook Connect' option. eDoorways and Facebook users are now able to connect and socialize through the eDoorways platform. Ann Collins, eDoorways Social Media Consultant and Solve Project Manager, stated, "It's such a cool feature for a web-based social network to offer and it's so easy to use and manage. Facebook users can easily connect their account to eDoorways. Anyone who logs into eDoorways with the Facebook Connect feature can either create a new eDoorways account or connect their Facebook account to their…

ThursdayApr 08, 2010 8:02 am

Newport Digital Technologies, Inc. (NPDT.OB) to Showcase Its Cutting-Edge Technologies at InfoComm 2010 in Las Vegas, Nevada

Newport Digital Technologies, Inc. announced this morning that it will be an exhibitor at InfoComm 2010 conference and exhibition, on June 5th - 11th at the Las Vegas Convention Center, in Las Vegas, Nevada. InfoComm is the leading trade show for industry professionals in the audiovisual, information communications and systems integration industries. NewPort Digital will showcase the latest technologies for wireless LED Digital Signage for commercial, municipal and industrial applications. The company will also display the leading-edge N37B mobile computing device, which offers a secure protocol RFID chip and a total solution for applications in supply chain/logistics for manufacturing, retail…

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