ThursdaySep 30, 2010 8:49 am

Shengtai Pharmaceutical, Inc. (SGTI.OB) Reports Fiscal 2010 Financial Results, Returns to Profit

Shengtai Pharmaceutical Inc. operates through its wholly owned subsidiary, Shengtai Holding Inc., to manufacture and distribute glucose and starch as pharmaceutical raw materials and other starch and glucose products in China. The company today reported its financial results for the 12 months ended June 30, 2010. Shengtai Pharmaceutical posted sales revenue for the fiscal year ended June 30, 2010, of $115.9 million, a 58-percent increase over sales revenue for fiscal 2009. The company attributes the increase in sales revenue to an increase in sales volume and selling prices. Net sales from exports for the fiscal year increased approximately 131 percent…

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ThursdaySep 30, 2010 8:09 am

Uranium Energy Corp. (UEC) Makes Significant Move Forward with Permitting for Goliad ISR Project in South Texas

Uranium Energy Corp announced today that its Goliad In-Situ Recovery (ISR) Project in South Texas has made a major advance toward becoming permitted for production. The administrative law judge who presided over a public hearing regarding the Company's Goliad ISR Project in May of this year issued an initial Proposal for Decision (PFD) yesterday. The administrative judge recommended findings in favor of the Company on the vast majority of the issues from the hearing. In addition, he recommended that the Texas Commission on Environmental Quality (TCEQ) allow the submission of additional data to address limited remaining issues. Mid-2009, the TCEQ's…

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ThursdaySep 30, 2010 7:52 am

eDoorways International Corp. (EDWY.PK) Builds Platform with Focus on Personalization and Collaboration

Regardless of their age or background, people have one thing in common when it comes to the internet, they want a personal experience. Gary Kimmons, president of eDoorways International Corporation, stated, "There has been a lot of talk recently about the emergence of a Web 3.0 which is the future of the internet. The problem is, people don’t understand what Web 3.0 is, but, they’re in for a real treat." eDoorways is a web-based consumer problem solving gateway, lifestyle information source, and online business-to-consumer marketplace designed to save consumers valuable time and money by uniting them with the global consumer…

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ThursdaySep 30, 2010 7:16 am

National Automation Services, Inc. (NASV.PK) Announces Expansion into California

National Automation Services, Inc. ("NAS") announced this morning that it is expanding into California. The company also told investors that its acquisition growth strategy remains on track. Bob Chance, CEO of National Automation Services, stated, "Our focus on the California market for automation and controls projects over the past year has justified our expansion in the area. We are currently working with two Equipment Manufacturers designing and building their control systems. Also, we have been awarded, completed, and have pending contracts for public utilities in the Los Angeles area. Although we have opened an office in California, we are currently…

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WednesdaySep 29, 2010 1:57 pm

Arkanova Energy Corp. (AKVA) Issues Operational Update

Arkanova Energy Corp. reported on the status of the company’s drilling activities at its oil and gas prospect in Montana. Arkanova Energy Corporation said that the company is currently drilling the horizontal portion of the Tribal-Max 1-2817 well. The well is located in Glacier County, Montana, at the Two Medicine Cut Bank Sand Unit. The Tribal-Max 1-2817 was drilled to a vertical depth of 3,579 feet and has now reaches a total measured depth of 5,238 feet. Arkanova Energy Corporation is targeting the Lower Cut Bank Sand formation at the Two Medicine Cut Bank Sand Unit. Arkanova Energy Corporation conducts…

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WednesdaySep 29, 2010 1:53 pm

Payment Data Systems, Inc. (PYDS.OB) Moves to Fully Acquire Assets of Electronic Recovery Systems LLC

Payment Data Systems, www.paymentdata.com – the payment solutions provider bridging the gap for merchants, billers, banks, etc. via a sophisticated yet intuitive array of world-class payment acceptance products, reported signing of a Letter of Intent (LOI) to acquire 100% of Electronic Recovery Systems LLC’s (ERS) assets today. Chairman and CEO of PYDS, Michael Long, cited the leadership status of ERS in the ACH (Automated Clearing House) return processing market and its minimal personnel as shining indicators that this acquisition spells success for the Company and its shareholders, given a market niche that generates $1.2M in annual revenues and $300k in…

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WednesdaySep 29, 2010 1:51 pm

Points International Ltd. (PTSEF.OB) Expands Continental Airlines Partnership, Allowing OnePass® Members New Exchange and Purchase Options

Points International, www.pointsinternational.com – the owner and operator of the world’s top loyalty reward program management site, www.Points.com – where consumers have unprecedented control over the management of points from over 25 leading rewards programs, reported today expansion of service to include Continental Airlines’ OnePass® frequent flyer program. Continental is the fifth largest airline on the planet, and the expansion of the relationship is very good news for Points.com, which is increasingly carving out an ever more dominant foothold in the sector as the undisputed master of points/mileage management solutions. Members can now freely exchange miles into other loyalty accounts…

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WednesdaySep 29, 2010 1:48 pm

ProUroCare Medical, Inc. (PUMD.OB) Announces $3 Million Financing Agreement

ProUroCare Medical Inc. is a company which develops and provides innovative medical imaging products. The company's current focus is its proprietary ProUroScan prostate imaging system which is used to visualize and document abnormalities of the prostate gland in men. The company announced on September 28, 2010 the signing of an agreement for $3.125 million in equity financing with Seaside 88 LP. The funding will be provided in four tranches. The first closing, completed upon the signing of the agreement, provides $875,000 at a selling price of $0.625 per share. Subsequent closings are scheduled to provide $750,000 within 30 days following…

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