FridayMar 26, 2010 12:18 pm

Hana Biosciences Inc. (HNAB.OB) Reports Q4 and FY Results, Notes 2010 Objectives

Hana Biosciences Inc. today posted its fourth quarter and year-end financial results for the period ended Dec. 31, 2009, highlighting recent clinical and corporate updates, as well as 2010 objectives. The company reported a net loss of $5.0 million, or $0.07 per share, for the fourth quarter of 2009 compared with a net loss of $6.1 million, or $0.19 per share, for the fourth quarter of 2008. For the full year ended Dec. 31, 2009, Hana reported a net loss of $24.1 million, or $0.57 per share, compared with a net loss of $22.2 million, or $0.69 per share, for…

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FridayMar 26, 2010 12:04 pm

Getfugu, Inc. (GFGU.OB) is “One to Watch”

Getfugu is a sales, marketing and mobile development corporation. Having developed the next generation search tool, the company is transforming the way consumers access the web. Completely doing away with typing, GetFugu has harnessed the core strengths of the mobile phone and provides a wide range of consumer services that are compelling to the advertiser and friendly to the user. By downloading GetFugu’s free application, consumers can surf the web with lightning speed and minimal effort. On the other hand, advertisers ranging from large corporations to single-shop outlets are able to promote and seamlessly sell their goods using a proven…

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FridayMar 26, 2010 11:50 am

Cortex Pharmaceuticals, Inc. (CORX.OB) Sells Selected Compounds and Rights to Biovail

Cortex Pharmaceuticals Inc. is a neuroscience company focused on novel drug therapies for treating psychiatric disorders, neurological diseases and sleep apnea. The company is pioneering a class of proprietary pharmaceuticals called AMPAKINE compounds, which act to increase the strength of signals at connections between brain cells. The company announced today that it has entered into an agreement with Biovail (NYSE: BVF). In the agreement, Biovail acquired certain AMPAKINE compounds and the rights to the patent filing for respiratory depression and vaso-occlusive crises associated with sickle cell disease. The transaction with Biovail includes a purchase price of $10 million and additional…

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FridayMar 26, 2010 11:44 am

WikiLoan (WKLI.OB) Banking On A $6 Billion Market

WikiLoan Inc., operators of a groundbreaking Web-based person-to-person borrowing and lending platform, has surprised everyone by its sudden success in one of the fastest growing segments of the financial services industry, peer-to-peer lending. The fledgling company has become the go-to place for virtually anyone looking to borrow or lend money, from $1,000 to $25,000. A world apart from the stuffy, paper-laden, and inflexible environs of the big lending institutions, WikiLoan has become a breath of fresh air in an otherwise stale industry. Using an easy-to-navigate online front-end, the company allows individual borrowers and lenders to easily work out beneficial loan…

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FridayMar 26, 2010 11:38 am

NIVS IntelliMedia Technology Group Inc. (NIV) Posts Solid Q4 and FY Results, Leveraged by Innovative Products and Position in Chinese Market

NIVS IntelliMedia Technology Group Inc., an integrated consumer electronics company, today posted significant increases for the fourth quarter ended Dec. 31, 2009, driven by increased demand for the company’s intelligent audio and video products and its market expansion efforts. Net sales grew 47.2 percent to $62.7 million compared to $42.6 million for the fourth quarter of 2008. Net sales for the full year ended Dec. 31, 2009, were $185.2 million, a 29 percent increase compared to $143.6 million for the year ended Dec. 31, 2008. Income from operations during the fourth quarter was $12.5 million, a 220.5 percent increase compared…

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FridayMar 26, 2010 11:35 am

ForeverGreen Worldwide Corp. (FVRG.OB) Increases Profits while Lowering Costs

One company that has started to earn the attention of investors is ForeverGreen Worldwide Corporation. ForeverGreen has a global presence because of their development, manufacturing and distribution of an expansive line of all natural products. Today, ForeverGreen took a major step towards enhancing their future with the announcement they have completed its in-house fully functional information systems. The system that is taking ForeverGreen to the next level is internally known as the Commissioning and Sales System, or CASS. CASS will operate at a pace that coincides with the company’s individual needs as well as the economic times of the marketplace.…

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FridayMar 26, 2010 11:30 am

ARCA Biopharma, Inc. (ABIO) Receives Heart Drug Patent

These days it has been all about drug patents going off market. So, when a new patent for a heart drug comes along there is good reason to stand up and take notice. Company revenue may rise or the company itself may get bought. Large gains are certainly possible, but only if the product can make it to market. ARCA Biopharma Inc., a biopharma company directed toward developing and commercializing genetic oriented products designed to combat heart failure and other cardiovascular issues, has recently made great head way in its work and reconceived a US patent for its efforts. The…

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FridayMar 26, 2010 8:58 am

Artfest International, Inc. (ARTS.OB) Increases Revenues over 5000%

Artfest International, Inc., based in Dallas, TX, is focused on bringing together artists, investors, decorators, designers, private collectors and art galleries. They achieve this by not only using their corporate website, www.artfestinternational.com, but also through their subsidiaries, www.artchannel.tv and www.ArtChannelGalleries.com, to offer the most exciting product and rewards program in the history of direct sales marketing. Artfest announced yesterday that they increased revenues for the fourth quarter ending December 31, 2009 by 5,400 percent as compared to the same period in the prior year. Revenues for the quarter ending December 31, 2008 were $20,000. Revenues for the same quarter in…

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FridayMar 26, 2010 8:56 am

Cascadia Investments, Inc. (CDIV.PK) Announces Plans to Up-List to OTC Bulletin Board

Cascadia Investments, Inc., a company focused on developing and/or acquiring innovative Internet businesses, recently announced its plans to complete the process of becoming a fully reporting corporation with the Securities and Exchange Commission and move to the Over-the-Counter Bulletin Board. Cascadia’s principal objective is to create equity and long-term earnings for its shareholders through the acquisition and development of social media, gaming, and other web-based businesses. Due to the company’s recent success and attainment of qualifying milestones, Cascadia will up-list to the Bulletin Board in order to provide greater accountability and transparency for shareholders while potentially gaining additional access to…

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