FridayJun 25, 2010 11:33 am

Uranium Energy Corp. (UEC) Taps World’s First Significant Alternative Energy Boom

Uranium Energy Corp., a uranium exploration and development company controlling one of the largest databases of historic uranium exploration and development in the country, is sitting on top of what could be the biggest uranium boom since the advent of nuclear energy. The U.S. used to be the world’s leading producer of uranium, peaking in the 1970s with the increase in production of nuclear power plants as well as nuclear weapons. After 1980, environmental concerns over the use of nuclear power, together with the increasing availability of low cost foreign energy sources, essentially ended the construction of new nuclear power…

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FridayJun 25, 2010 8:35 am

Flint Telecom Group, Inc. (FLTT.OB) Signs $10 Million Reserve Equity Financing Line

Flint Telecom Group, Inc. announced yesterday that they completed a Reserve Equity Finance Agreement with New York based AGS Capital Group LLC. AGS has committed to purchase shares of Flint Telecom Group's common stock for cash consideration up to an aggregate of $10 million. This is over a period of two years. Mr. Allen Silberstein, Principal at AGS Capital Group, said, "We are very excited to be working with Flint Telecom as they have a very well thought out strategy with the opportunity to grow significantly in a trillion dollar industry. We look forward to providing them with the necessary…

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FridayJun 25, 2010 7:54 am

General Environmental Management, Inc. (GEVI.OB) to Focus Entirely on Waste-to-Energy Project in Brazil

General Environmental Management Inc. announced this morning that it will focus all efforts on the Bio-Energy Solutions Group, Inc. (BESG) Brazilian waste-to-energy project. The company intends manage BESG’s waste-to-energy operations in Pernambuco, Brazil, including the collection and processing of municipal solid waste and subsequent conversion to alternative energy. The management agreement will have a term of 15 years. “When we announced this decision yesterday, we did so with the clear vision of taking the years of management expertise and execution in the waste management field, and deploying those capabilities on the BESG project,” stated GEM CEO Tim Koziol. “This partnership…

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ThursdayJun 24, 2010 2:41 pm

Spectrum Control, Inc. (SPEC) Reports Higher Earnings and Revenue in Second Quarter

Spectrum Control, Inc. reported net income of $3.3 million, or $0.25 per diluted share, in the second quarter of fiscal 2010. The company earned net income of $2.2 million, or $0.18 per diluted share, in the comparable quarter in 2009. Revenues also increased on a year over year basis in the second quarter of fiscal 2010. Spectrum Control, Inc. reported revenues of $39.7 million in the quarter that just ended compared to $33.6 million in last year’s second fiscal quarter. The management of Spectrum Control, Inc. indicated that the strong improvement in year over year results was due to orders…

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ThursdayJun 24, 2010 2:01 pm

TechPrecision Corp. (TPCS) Reports Higher Backlog in Fiscal 2010

TechPrecision Corp. reported net income of $700,000, or $0.03 per diluted share, in fiscal year 2010, which ended on 3/31/2010. The company earned net income of $900,000, or $0.04 per diluted share, in fiscal 2009. TechPrecision Corporation reported a large decrease in revenues in fiscal 2010. The company had sales of $28.3 million in fiscal 2010, compared to $38.1 million in fiscal 2009. The management of TechPrecision Corporation attributed the large decrease in revenues to lower orders from GT Solar, the company’s largest customer, and the effects of the recession on business. TechPrecision Corporation saw a large increase in its…

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ThursdayJun 24, 2010 1:55 pm

Thwapr, Inc. (THWI.OB) Teams up with Kingdom Entertainment Group to Leverage Mobile Content Platform

Thwapr, Inc., www.thwapr.com – developers of the powerful mobile video sharing platform of the same name which allows quality video content to be sent to and from mobile devices, today announced a strategic alliance with Chip Quigley and his event/TV production, project development and artist management company, Kingdom Entertainment Group. This is a great opportunity for THWI to seed its revolutionary Thwapr platform throughout the ideally-suited music, entertainment and publishing sectors, in which Quigley’s company is so well footed. In turn Quigley will use the Thwapr platform to supercharge his company’s support of ongoing activities in TV production, large print…

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ThursdayJun 24, 2010 1:48 pm

National Automation Services, Inc. (NASV.PK) Announces Filing of S-1 Registration

National Automation Services, Inc. announced earlier today that it has filed a registration statement on Form S-1 with the SEC with regards to the registration of stock held by NAS' shareholders issued by the company to date. As required, the Form S-1 includes a business summary; financial summary; risk factors; management description and compensation; any material legal agreements or proceedings; and management's discussion and an analysis of financial condition and results of operations. NAS registered 18,500,000 shares of stock to draw on its previously announced $5,000,000 dollar equity line of credit with Ascendiant Capital Group, LLC, a private equity firm,…

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ThursdayJun 24, 2010 1:36 pm

Applied DNA Sciences, Inc. (APDN.OB) Partners with Bilcare Technologies to Offer Real-Time Supply Chain Security and Authentication Solution

Applied DNA Sciences, Inc., www.adnas.com – the provider of security solutions based on patented DNA biometrics, announced today a definitive agreement with nonClonableID™ developer Bilcare Technologies to market a combination of both companies’ technologies as a novel, multi-layer security system for logistic/provenance control, anti-counterfeiting and brand protection. The powerful combination of technologies now means that both APDN and Bilcare can offer customers a real-time supply chain awareness system that enables item-based authentication, identification and verification of field-deployed assets or products while simultaneously providing a comprehensive forensic authentication solution for laboratory analysis. Global President of Bilcare Technologies, Dr. Satya Sharma, called…

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ThursdayJun 24, 2010 12:58 pm

PharmaGap, Inc. (PHRGF.PK) In-Vitro Testing Shows Significant Reduction in Melanoma Cancer Cell Growth

Biotechnology company PharmaGap Inc. today announced 80 percent average growth inhibition in in-vitro trials of its lead cancer drug GAP-107B8 in melanoma testing at Memorial Sloan-Kettering Cancer Center (MSKCC). GAP-107B8 studies have demonstrated the drug as highly cytotoxic to numerous cancer types, including chemo-resistant cancers, in vitro. PharmaGap said its test program at MSKCC will proceed to animal tests, with results expected during the third quarter. Animal testing will allow the company to research and identify various possibilities for the drug. "We are seeing promising results in the melanoma cell line panel, and I am excited to be continuing with…

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