Blog - Page 3711 of 5485

TuesdayMar 09, 2010 8:57 am

First Citizens BancShares (FCNCA) Purchases Failed Bank in Florida

First Citizens BancShares said that it had entered an agreement with the Federal Deposit Insurance Corp. (FDIC) to purchase Sun American Bank of Boca Raton, Florida. The bank failed on March 5, 2010, and the FDIC was named the receiver of the bank by the regulatory authorities of Florida. Frank B. Holding Jr., the CEO of First Citizens BancShares, said, “South Florida is a great market for our company, especially with our focus on individuals, small to mid-sized businesses and the medical community. This agreement will allow us to extend our presence in Florida and focus on building long-term relationships…

TuesdayMar 09, 2010 8:55 am

Northern Oil and Gas, Inc. (NOG) Reports Strong Profit Growth For 2009

Northern Oil and Gas, Inc. (NOG) reported 2009 net income of $2.8 million, or $0.08 per share. The company earned $2.4 million in 2008. Revenues increased to $15.1 million in 2009, up from $3.5 million in 2008. Northern Oil and Gas, Inc. reported proved reserves of 6.1 million barrels of oil equivalent (BOE) at the end of 2009, using new reserve reporting rules issued by the Securities and Exchange Commission (SEC) for use in 2009. These rules mandated the use of monthly average prices to calculate reserves, which in 2009 were $53.00 per barrel for oil and $3.93 per Mcf…

TuesdayMar 09, 2010 8:35 am

National Automation Services, Inc. (NASV.PK) Eyes OTCBB Listing as SEC Completes Its Review of Form 10 Registration Statement

National Automation Services, Inc. announced that on March 8, 2010, the Securities and Exchange Commission (the "SEC") notified NAS that it has completed its limited review of, and that the SEC has no further comments at this time on, NAS' Form 10 Registration Statement, which became effective on October 6, 2009. FINRA, regulator of the OTC Bulletin Board® (OTCBB), is currently processing the request of a market maker to have NAS' Common Stock quoted on the OTCBB .The completion of the SEC's limited review of the Form 10 is a prerequisite to OTCBB listing of NAS' Common Stock. "I am…

TuesdayMar 09, 2010 8:30 am

WikiLoan, Inc. (WKLI.OB) Announces Progress in Card Program

WikiLoan, Inc., operator of a financial social network, announced yesterday after the closing bell that it anticipates receiving final design and specifications for the first stage product of "Wiki" branded phone cards by early next week. The cards are to be sold through SDI's distribution channel that reaches more than 20,000 retail locations. The approval of the design and specifications will be the first material step taken since the agreement was signed last month. "I'm excited that the process has begun to execute our strategy outlined last month to gain a foothold in this market. The deal to develop and…

MondayMar 08, 2010 12:59 pm

XsunX, Inc. (XSNX.OB) Completes “Significant Milestone” in Product Development Process

XsunX Inc. develops advanced, thin-film photovoltaic (TFPV) solar cell technologies and manufacturing processes. The company recently completed the development of a co-evaporation processing chamber design that integrates several thermal evaporation techniques in one process to produce the Copper Indium Gallium diSelenide (CIGS) solar cell’s absorber layer. Chief Executive Tom Djokovich said the achievement is integral to the company’s efforts and will allow the company to work on commercializing its manufacturing process. "This development is crucial to both the equipment and process technology side of our efforts," Djokovich stated in the press release. "The completion of this chamber converges several operations…

MondayMar 08, 2010 12:53 pm

TicketNews Highlights CitySide Tickets, Inc.’s (CIST.PK) Growth in Exclusive Article

CitySide Tickets, Inc., which owns and operates a nationwide event ticket purchasing venue that caters to a diverse selection of popular theater, music, and sporting events, just announced that on Thursday, March 4, 2010, the company was featured in an article at TicketNews.com. The complete article can be found at the following link: http://www.ticketnews.com/Bostons-CitySide-Tickets-looks-to-boost-its-profile310491. The TicketNews article, entitled “Boston's CitySide Tickets looks to boost its profile,” provides an inside look at how the company got its start and where CEO Michael DeAmicis sees the business headed. Currently executing a nationwide advertising campaign, CitySide Tickets aims to establish a larger presence…

MondayMar 08, 2010 12:45 pm

Geos Communications, Inc. (GCMI.OB) Acquires China’s Duo Guo

Geos Communications Inc., Texas-based developer and distributor of mobile applications and services, announced today that it has acquired China’s leading mobile content retail provider, a company called Duo Guo. Shanghai-based Duo Guo operates a rapidly growing number of kiosks, currently 75 in 15 cities across China, allowing mobile device users in China to discover and download games, music, ringtones, movies, and other mobile applications, in addition to getting event tickets, coupons, and advertising. It’s the only legitimate retail channel for licensed mobile content in China, and includes partnerships with Walmart, Paramount Pictures, Cartoon Network, Warner Music Group, and others. The…

MondayMar 08, 2010 12:43 pm

Aquentium, Inc. (AQNM.OB) to Provide Shandong China with Electricity Using Waste-to-Energy Technology via Power Purchase Agreement

Aquentium, Inc., the OTC-listed global innovator in energy saving technologies which is heavily diversified into both clean energy solutions and ‘green building’ systems, and which is constantly scouting for new business and technologies to add to the Company’s portfolio, announced this morning the signing of a power purchase agreement with the Shandong Province of China. Under terms of the agreement, AQNM will provide power to one of Shandong’s municipalities by converting waste-to-energy (WtE) using the Company’s tried and tested gasification systems to relieve the ever-growing burden that faces most cities today; how to dispose of a given urban population’s waste…

MondayMar 08, 2010 12:40 pm

BioSolar, Inc. (BSRC.OB) to Offer Solar Cell Manufacturers New Bio-Polymer Based Backsheets

BioSolar, Inc., the engineers of revolutionary bio-polymers (materials based on renewable plant sources and suitable for standardized manufacturing processes which are quickly gaining ground against more costly materials) announced this morning plans to offer two different BioBacksheets for crystalline silicon (c-Si) Photovoltaic (PV) module manufacturers. The sort of breakthrough bio-polymers BSRC is known for include a perfect, high-efficiency, low-cost alternative for making standard components in solar cells, and this recent announcement adds to the growing list of remarkable bio-based backsheet products – made from renewable resources as opposed to toxic materials found in the widely used petroleum-based backsheets – which…

MondayMar 08, 2010 12:18 pm

National Automation Services, Inc.’s (NASV.PK) List of Blue-Chip Clients Continues to Grow

National Automation Services Inc. is a systems integrator within the industrial controls market. The company specializes in engineering customized solutions for electrical controls for industrial processes. NAS’ goal is to become one of the nation's leaders in control systems integration. The depth of National Automation Services' PLC (programmable logic controller) and SCADA (supervisory control and data acquisition) programming experience is diverse. The company has in-depth experience with both standalone and networked SCADA systems. This diverse experience has led to the company acquiring a customer list which is wide and varied. However, the majority of National Automation Services clients are in…

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