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MondayJun 21, 2010 2:11 pm

NanoViricides Inc. (NNVC.OB) Announces Positive Results in Animal Studies for Dengue Virus

NanoViricides Inc., a development-stage company focused on special purpose nanomaterials for viral therapy, today announced that its anti-Dengue drug candidates demonstrated positive results in the initial animal survival studies of Dengue virus infection. The Dengue virus, a member the family of viruses that includes West Nile and Hepatitis C viruses, is transmitted to humans through female Aedes mosquitoes. According to the World Health Organization, fatality rates of Dengue Hemorrhagic Fever/Dengue Shock Syndrome (DHF/DSS) can exceed 20 percent. WHO also reports that Dengue threatens more than 40 percent of the world population, and that Dengue cases with significant fatality rates are…

MondayJun 21, 2010 2:09 pm

Steele Recording Corp. (SELR.OB) Finalizes Reorganization of Steele Resources

Steele Recording Corp., www.steeleresources.com, announced today that reorganization/acquisition of precious metals exploration prodigy, Steele Resources, Inc. (SRI), was successfully completed. Just five miles southwest of Virginia City, Nevada, on the proven Comstock Lode site, SRI operates the Comstock-Tyler Project as part of its overall agenda to carefully identify and then develop advanced-stage gold and silver assets in the Western US (emphasis on NV). CEO of SELR, Peter Kristensen, nodded knowingly regarding this strategic move into precious metals exploration and recovery, citing the history and overall mineralization profile (total production to date estimated at 190M oz. silver, 8M oz. gold) of…

MondayJun 21, 2010 2:01 pm

Topaz Resources, Inc. (TOPZ.OB) Hails Natural Gas as Perfect Solution to US Energy Demand

Topaz Resources, Inc., www.topazresourcesinc.com – the independent, Texas-based developer of oil and gas reserves focused on a strategy of organic growth through acquisition of proven assets, and constant upgrading of existing acreage within the Barnett Shale – today cited the geostrategic/economic importance of US natural gas reserves in offsetting oil dependency on other countries. The Barnett Shale, the biggest-producing gas field in TX, has many reserves yet to be acquired and has rapidly become one of the nation’s biggest natural gas plays. The Obama administration’s clear language, expressed in Pittsburgh this June, has prompted a resurgent natural gas sector, and…

MondayJun 21, 2010 1:47 pm

Global Health Ventures Inc. (GHLV.OB) Inks Letter of Intent with Pacific Therapeutics for Development of Pulmonary Treatment

Global Health Ventures Inc. is a specialty pharmaceutical company focused on life style products, including products for stress relief, sleeping disorders, pain relief, allergies and more. The company today announced it has signed a binding letter of intent (LOI) with Pacific Therapeutics Ltd., a development-stage specialty pharmaceutical company focused on pulmonary diseases including asthma, idiopathic pulmonary fibrosis and acute respiratory distress syndrome (ARDS). Per the agreement, Global Health will pay Pacific an upfront fee, as well as milestone payments for key clinical and regulatory achievements, and royalties on potential future sales. The two companies will equally split responsibility for all…

MondayJun 21, 2010 10:52 am

MMRGlobal, Inc. (MMRF.OB) Expects Over $13 Million in Revenues from Agreement with National Payment Provider

MMRGlobal Inc., provider of online personal health records and electronic safe deposit box storage solutions, announced today that the company has reached an agreement with National Payment Provider, LLC, to place a minimum of 1,000 MMRPro systems in healthcare client offices through June of 2012. MMRPro is designed to give physicians’ offices an easy and cost-effective way to digitize paper-based medical records, providing patient access through a secure patient portal. (MMRGlobal serves the healthcare industry through its wholly-owned subsidiary MyMedicalRecords, Inc.) National Payment Provider offers electronic payment processing solutions to healthcare professionals, ensuring compliance with paperless billing requirements imposed on…

MondayJun 21, 2010 10:42 am

WikiLoan, Inc. (WKLI.OB) Upgrades Platform and Improves Business Model

Located in Los Angeles, WikiLoan is a Social Network with a primary focus on money. WikiLoan allows friends and family to borrow and lend money among themselves at rates suitable to their respective needs with an interactive website that provides a multitude of tools to make finance easier. Today, WikiLoan took a major step towards enhancing its future by improving their business model and upgrading their platform. WikiLoan has announced they are implementing the requisite changes that will enable the young company to expand its services. To help improve WikiLoan, the company has brought in Edward J. Heiser Jr. to…

MondayJun 21, 2010 10:01 am

COPsync, Inc. (COYN.OB) Announces 10 New Contracts for Mobile Data Information Sharing Software

COPsync, Inc., a leading software technology provider to law enforcement and emergency service professionals worldwide, recently announced that the company has secured 10 new contracts with law enforcement agencies in Texas for the installation of its information sharing technology, COPsync™, in their patrol vehicles. The company’s COPsync software allows agencies to gain valuable access to real-time law enforcement information in a mobile environment and creates a shared environment for critical information at the point of incident. COPsync also alerts any law enforcement officer on the COPsync network when an individual with whom that officer is in contact has been determined…

MondayJun 21, 2010 10:00 am

PuraMed BioScience, Inc. (PMBS.OB) Retains Media4Equity for 12-Month Multimedia Campaign

PuraMed BioScience Inc. engages in the research, development and marketing of non-prescription medicines and healthcare products. Its leading product is LipiGesic M, which provides acute relief from migraine headaches. The company also has plans to launch LipiGesic PM, which provides a remedy for insomnia and other sleep disorders as well as LipiGesic H for common tension headaches. The company announced today that it has entered into an agreement with Media4Equity and its parent company, NewsUSA, for a multimedia marketing campaign over the next year. Media4Equity uses its media and marketing clout and contacts to help strong emerging growth companies grow…

MondayJun 21, 2010 8:50 am

Palatin Technologies, Inc. (PTN) Reports Successful Study of New Drug

Palatin Technologies, Inc. announced the successful completion of a preclinical study of its new drug used to treat severe asthma, an illness that kills more than 4,000 people in the United States every year. Palatin Technologies, Inc. said that during the study, PL-3994 produced a relaxation of muscle in the tissue of air passages in subjects tested, including humans, rats and guinea pigs. The results of the study may indicate that PL-3994 can be used as a bronchodilator in patients that don’t respond to standard treatment for severe asthma. Trevor Hallam, the Executive Vice President of Palatin Technologies, Inc., said…

MondayJun 21, 2010 8:49 am

Global Axcess Corp. (GAXC.OB) Signs New Credit Line

Global Axcess Corp. announced that it has signed a new credit line with Fifth Third Bank to help fund growth in the company's self service kiosk business and cut the cost of debt to the company. The credit line totals $17 million, comprised of a term note, a draw note and an equipment line. The term note totals $5 million, and has a term of three years. The proceeds will be used to pay off the company’s balances with two other banks. The draw note totals $2 million and has an 18-month amortization. Global Axcess Corp said that the proceeds…

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