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FridayApr 16, 2010 8:28 am

Americas Energy Company (AENY.OB) Begins Coal Mining Operations

Americas Energy Company announced that Coal Mining Operations will start immediately yesterday. The Company has contracted with Black Diamond Energy, Inc. This is to begin surface mine as well as auger operations on the Artemus Project in Knox County, Kentucky. The Artemus Project is an approximately 13,000-acre lease. It has estimated reserves of 40,000,000 tons of the Kentucky Blue Gem, Jellico and Lily seams of coal. Chris Headrick, President and CEO of Americas Energy Company (AENY) said, "The Artemus Permit was the Crown Jewel of the Evans Coal acquisition. This permit gives AENY access to more than 695 acres of…

ThursdayApr 15, 2010 8:11 pm

Indenix Pharmaceuticals Inc. (IDIX) Continues to Move Along at a Solid and Steady Pace

Indenix Pharmaceuticals Inc., a biopharmaceutical company, works to develop, test and market products directed primarily at infectious and viral diseases in the United States and Europe. The company has been having solid successes with a full pipeline of products. Although the company focuses a majority of its efforts on hepatitis C targeted products, it does have a rather interesting pipeline of products in development. This pipeline ranges from fully licensed hepatitis b products (to Novartis Pharma AG) and human immunodeficiency products (to GlaxoSmithKline), to Protease Inhibitors which are currently in the discovery stage. From an overall perspective, the company does…

ThursdayApr 15, 2010 2:31 pm

CitySide Tickets, Inc. (CIST.PK) to Form CitySide Entertainment to Focus on Mixed Martial Arts Segment

CitySide Tickets, Inc., the national ticket shop that got its start outside Fenway Park in Boston, has grown determinedly and strategically from its humble roots to become a major contender in the event ticket market, offering tickets for just about any event out there from sports to theatre and music. The company recently announced a planned move to capitalize on the huge success of Mixed Martial Arts (MMA) with the formation of CitySide Entertainment – which will focus on promoting and sponsoring the rapidly growing and unique sport. MMA draws a young, active demographic with a sizeable chunk of 18-24…

ThursdayApr 15, 2010 2:24 pm

China Sun Group (CSGH.OB) Posts Q3 2010 Results, Future Outlook

China Sun Group High-Tech Co. Ltd. produces cobalt-based raw materials for rechargeable Lithium-ion (Li) batteries in China. The company today announced its financial results for the third quarter ended February 28, 2010, and its business outlook for the upcoming years. The company reported third-quarter revenues at $10.8 million, up 22.7 percent from $8.8 million for the third quarter of 2009, an increase attributable mainly due to sales of the company's newly launched LIP product, which accounted for about 19.7 percent of total sales in the quarter. Gross profit was $3.4 million, up 42 percent compared to $3.2 million for the…

ThursdayApr 15, 2010 2:22 pm

U.S. Renal Care Inc. and Dialysis Corporation of America (DCAI) Ink Deal to Combine Operations and Maximize Patient, Employee, Shareholder Value

Privately held U.S. Renal Care Inc. (USRC), a leading provider of outpatient dialysis services, recently announced it has entered into a definitive merger agreement to acquire Dialysis Corporation of America (DCA), a leading provider of outpatient kidney dialysis centers. Through a subsidiary, USRC will commence a tender offer for all of the outstanding common shares of DCA for $11.25 per share in cash, representing a premium of about 72% over recent trading prices. USRC will also acquire all remaining outstanding DCA shares at the tender offer price; the transaction has an aggregate value of approximately $112 million. Both companies are…

ThursdayApr 15, 2010 2:08 pm

North American Palladium Ltd. (PAL) Restarts Palladium Production

North American Palladium Ltd. is a Canadian precious metals company focused on the production of palladium and gold. The company's flagship mine, the Lac des Iles (LDI), is one of North America's two primary palladium producers. The company announced yesterday that it has restarted palladium production at this mine. On an annualized basis, North American Palladium expects to produce 140,000 ounces of palladium per year. The company's president and CEO, William J. Biggar, said, “As Canada's only primary palladium producer, we are extremely pleased to be back in operation and generating cash flow at LDI. The restart is well timed…

ThursdayApr 15, 2010 1:29 pm

MedClean Technologies (MCLN.OB) Signs Agreement with Verde Enterprises to Distribute its On-Site Medical Waste and Document Processing Technology

MedClean Technologies, the premiere developer and producer of technologically superior systems for the on-site disposal of regulated medical waste (RMW), today announced the signing of a distribution agreement with ‘green’-focused waste removal company Verde Enterprises LLC (Verde). Verde, a partnership between a major NY-area waste services provider and a large electrical company, is dedicated to providing green solutions for carbon footprint reduction and efficient, cost-effective waste management solutions which are sustainable and environmentally conscious at every level. Verde has the infrastructural size to offer great value and service to any customer but a small enough modular structure to offer the…

ThursdayApr 15, 2010 1:22 pm

B Green Innovations, Inc. (BGNN.OB) Announces Positive Degradation Results from Product Testing

B Green Innovations, Inc., a "Green" company focused on the development of solutions to eliminate waste from the world's environment, has issued a press release to announce that it has received the results from the degradation analyses on its 100% degradable/biodegradable trash and compactor bags. Testing was performed by Nor-X Industry AS of Norway. The testing was arranged to evaluate degradation of white film by adding Renatura 101580 to it. The testing consisted of two samples of the white film, both containing Renatura 101580. The results from UV exposure showed the sample was completely degraded and brittle after 11 days.…

ThursdayApr 15, 2010 1:01 pm

Trico Marine Group (TRMA) Closes Asset Sale and Announces New Contracts

Trico Marine Group is an integrated provider of subsea, trenching and marine support vessels and services. Trico's towing and supply division provides a broad range of marine support services to the oil and gas industry through use of its diversified fleet of vessels. These services include the transportation of drilling materials, supplies and crews to drilling rigs and other offshore facilities. The company yesterday announced the sale of its North Sea class vessels for approximately $16 million to a buyer in Asia. This brings the total in asset sale proceeds since the beginning of the year to approximately $20 million.…

ThursdayApr 15, 2010 12:59 pm

eDoorways Corp (EDWY.PK) Eyes the iPad

eDoorways Corp. announced in its April 9th shareholder conference call that the company is already working on its first iPad app. The company’s CEO, Gary Kimmons, went further, indicating that, when finished, the new app could be different from anything they’ve done before. eDoorways, known for its ongoing development of an innovative online platform to link business and consumers, is hot on the trail of Apple’s new iPad, seeing it as mirroring eDoorways’ vision of future consumer computing. In anticipation of this growing move toward a more elegant user interface, such as advanced touch-screen technology, eDoorways is designing its entire…

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