WednesdayDec 02, 2009 1:05 pm

Terra Energy & Resource Technologies, Inc. (TEGR.OB) Signs Join Venture with Lucas Energy (LEI) to Develop Oil and Gas Holdings in Texas

Terra Energy & Resource Technologies, Inc. and Lucas Energy, Inc. (AMEX: LEI) today announced the signing of a Memorandum of Understanding (MOU) for a joint venture to realize profits on oil and gas properties in Texas. The MOU creates an architecture whereby LEI’s oil and gas properties are combined with TEGR’s innovative technology and networking capacity, resulting in increased efficiency and productivity. LEI CEO Mr. William Sawyer stated that, "Lucas Energy's strategy is aimed at risk reduction, and we are excited that we can further reduce such risks in developing some of our properties utilizing the cutting edge technologies of…

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WednesdayDec 02, 2009 12:01 pm

Recovery Energy, Inc. (RECV.OB) Appoints Jim Miller to the Company’s Board of Directors

Recovery Energy, Inc., an independent energy company focused on the acquisition and development of undercapitalized and neglected onshore oil and gas fields located in the United States, recently announced the appointment of Jim Miller to the company’s Board of Directors. Mr. Miller’s appointment became effective on November 16, 2009 and he serves as an independent director for Recovery Energy. Mr. Miller began his career with a billion dollar holding company that focused on distressed situations, natural resources and energy opportunities. He is also a co-founder and managing director of FirstCity Crestone, LLC, an investment company with a focus on investing…

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WednesdayDec 02, 2009 11:53 am

BlueFire Ethanol Fuels Inc. (BFRE.OB) Sets Wall Street Ablaze with Announcement of Year-To-Date Income

One of the most unique companies to leave its mark on the stock market is BlueFire Ethanol Inc. One of only four companies to be awarded funding from the U.S. Department of Energy under the Energy Policy Act of 2005, BlueFire is the only cellulose-to-ethanol company across the globe with demonstrated production of ethanol from urban trash, rice and wheat straws, wood waste and other agricultural residues. Today, BlueFire took a major step towards enhancing their already bright future with the announcement that their year-to-date income exceeds $4.1 million. The income sources for this success include the before mentioned Department…

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WednesdayDec 02, 2009 11:40 am

TapImmune, Inc. (TPIV.OB) Signs License Agreement with Crucell (CRXL)

TapImmune Inc., best known for developing immunotherapeutic vaccines for cancer and infectious diseases, announced recently that it has signed a license agreement with Crucell N.V. (NASDAQ: CRXL), a global biopharmaceutical company based in the Netherlands. The license allows TapImmune to use Crucell’s proprietary PER.C6® cells in its development programs. The cell line is ideal for the development and large-scale production of a wide variety of biopharmaceuticals. Specifically, PER.C6 cells do not generate replication competent adenoviruses in the use of recombinant vaccines using adenoviral vectors, making it excellent for the production of adenoviral vectors for clinical applications. Generally, the PER.C6 cell…

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WednesdayDec 02, 2009 11:34 am

New Concept Energy Inc. (GBR) Finds an Odd Mix Brings Stability

In past posts, the need for a diversified portfolio has been discussed. The same need for diversification of a company's product base was not. Common business wisdom preaches focusing on what a company does well and do more of it. Although this may be one way of approaching the business model, it is not the only way. In some instances, a balancing of assets can be another way of approaching the issue. This is especially true where a commodity is concerned. Because a commodity product can find very quick price rises and falls, having a stable and consistent source of…

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WednesdayDec 02, 2009 9:28 am

VIASPACE Inc. (VSPC.OB) Announces First Giant King Grass Harvest; Constructs New Processing and Storage Facility

VIASPACE Inc., a clean energy company growing Giant King(TM) Grass as a renewable, low-carbon energy crop, announced this morning that the first harvest of Giant King Grass has been completed and that a new grass processing and storage facility is under construction on company land in China. Chief Executive Dr. Carl Kukkonen stated, "The grass from this harvest provided seedlings for planting on our new land and is also being used to supply samples for testing and analysis by potential customers such as DP CleanTech and other electric power providers. The new building, now under construction, will process Giant King…

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WednesdayDec 02, 2009 9:19 am

eDoorways Corp. (EDWY.PK) Engages Telcordia to Begin Prep Work on Its Web 3.0 Model

eDoorways Corp. announced today that it has chosen Telcordia Technologies Inc., a global leader in the development of fixed, mobile and broadband communications software and services for Communications Service Providers (CSPs), enterprises, suppliers and government entities, to aid in the development and implementation of its Web 3.0 services platform. The company’s primary aim is to more definitely forecast the shape and functionality of Web 3.0 and integrate it into the evolving eDoorways platform. First, the companies will draft a white paper followed by a roundtable discussion involving a wide variety of authorities in such fields as artificial intelligence, expert systems…

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WednesdayDec 02, 2009 9:05 am

Muscle Flex Inc. (MFLI.PK) Launches a Customer Support Site Ahead of the Beagle StepFit National Commercial Release

Muscle Flex Inc. announced early this morning that it has launched www.BeagleStepFit.com, a customer support site, ahead of the Beagle StepFit national commercial release scheduled for December 7, 2009. The site contains detailed product information and instructions on the use of the Beagle StepFit and Beagle Mini pedometer. Most Muscle Flex product releases will include a one page landing page as well as a dedicated instruction and product feature site to enhance a customer's experience and maximize their use out of each product purchased. In this case, the one page landing site is www.BuyTheBeagle.com and the product support site is…

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TuesdayDec 01, 2009 3:43 pm

Houston American Energy Corp. (HUSA) Set To Raise Equity Capital

Houston American Energy Corp. reported today that it reached an agreement to sell three million shares of common stock to a group of institutional investors at a price of $4.68 per share. The company estimates it would receive $14 million in gross proceeds after underwriting and other fees. Global Hunter Securities and Knight Capital Markets, LLC were the underwriters on the deal. Houston American Energy Corp. is an oil and gas exploration and production company headquartered in Houston, Texas. The company holds a diversified portfolio of properties in both the domestic and international area. Houston American Energy Corp’s international assets…

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TuesdayDec 01, 2009 2:43 pm

Solar Energy Initiatives, Inc. (SNRY.OB) Announces $1.7 Million Solar Project

Solar Energy Initiatives, Inc. announced earlier today that it has signed a Letter of Intent to assume a $1.7 million turn-key solar project and contract to supply the Gainesville Regional Utilities with solar electricity. With installation of this project expected to begin immediately, the company anticipates completing the project by the end of next month. As the project developer for the solar project, Solar Energy Initiatives will supply the solar equipment and balance of system. In addition to the sale of solar equipment and balance of supplies, the company will also generate revenue via the sale of the newly generated…

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