Blog - Page 3731 of 5743

WednesdayOct 13, 2010 1:17 pm

Primus Telecommunications Group, Inc. (PMUG.OB) Charges Forward with New CEO, Industry Veteran Peter D. Aquino

Primus Telecommunications Group, www.primustel.com – the total solution provider for voice, data and e-business to a global market via facilities-based networks/datacenters, reported today that effective yesterday, independent director Peter D. Aquino was named Chairman, President and CEO by the board of directors. Board member of PMUG, Neil Subin, commended acting CEO John Spirtos, who will remain on the board, for his masterful work during the Company’s transition phase and noted that the board is still conducting a search for a new CFO. Subin conveyed the board’s utmost satisfaction with the CEO choice, noting that “Pete Aquino is a senior and…

WednesdayOct 13, 2010 1:15 pm

Gasco Energy, Inc. (GSX) Issues Oil and Gas Operations Report

Gasco Energy, Inc. issued an operational update on the company’s oil and gas exploration and development program. The company is active in the Rocky Mountain region in the United States. Gasco Energy, Inc. is currently focused on the Riverbend project located in the Uinta Basin in Utah. The company is targeting several different formations, including the Wasatch, Mesaverde, and Mancos zones. Gasco Energy, Inc. began a program to recomplete wells at the Riverbend project in February 2010. The company has recompleted sixteen gross wells since then, with five gross wells recompleted during the third quarter of 2010. Gasco Energy, Inc.…

WednesdayOct 13, 2010 1:13 pm

Prime Sun Power (PSPW.OB) Inks Key Agreements to Co-Develop 100MW Solar Plan in France

Prime Sun Power Inc. operates with the intent to provide solar power, wind power and other renewable energies. The company said it plans to develop, build and operate 500 megawatts (MW) of photovoltaic (PV) solar power generation through the end of 2013. The company today announced it has signed a master acquisition agreement with investment manager DFD Select Group Ltd. and EnWay SAS, and with EnWay, an operational coordinator in the renewable energy industry. Per the agreement, the companies will co-develop up to 100 MW PV plants in France in 2011. Upon grid connection, Prime Sun Power plans to acquire…

WednesdayOct 13, 2010 1:06 pm

ImmunoCellular (IMUC.OB) Develops Method for Optimal Vaccine Production

ImmunoCellular Therapeutics is a clinical-stage biotechnology company focused on developing immune-based therapies for the treatment of various cancers. The company recently completed phase I trials for its lead product candidate ICT-107, and today announced that it has developed an innovative means to manufacture the dendritic cell-based vaccine for the treatment of glioblastoma multiforme (GBM), a common type of brain tumor. ImmunoCellular co-developed the method with the Clinical Cell and Vaccine Production Facility at the University of Pennsylvania. The method is a closed-bag system designed to produce highly potent dendritic cells from white blood cells collected from patients to use in…

WednesdayOct 13, 2010 1:04 pm

Acorn Energy (ACFN) Subsidiary Receives Frost & Sullivan 2010 Oil & Gas Industry Innovation of the Year Award

US Sensor Systems Inc. is a subsidiary of Acorn Energy, which designs, manufactures and sells fiber optic sensing systems and solutions for the energy and defense industries. Acorn Energy's other subsidiaries include CoaLogix, Coreworx, DSIT and GridSense. US Sensor Systems announced today that Frost & Sullivan – the world leader in technology, market, customer, and economic research – has selected the US Sensor System Geophone sensor for its 2010 Technology Innovation of the Year Award for Fiber Optic Sensor Technology for the oil and gas industry. The award will formally be presented in November 2010. US Sensor Systems' new fiber…

WednesdayOct 13, 2010 12:53 pm

Intelimax Media Inc. (IXMD.OB) Integrates Gamboozle with Facebook

Located in Vancouver, British Columbia, Intelimax Media is an Internet Services company that focuses on internet games and other online content. Today, Intelimax announced that its social gaming platform Gamboozle will now be integrated with Facebook. Gamboozle is a unique website that features a vast array of online games that stems from Poker to Fantasy Sports. While Gamboozle attracts a multitude of customers, the utilization Facebook will enhance this already popular gaming platform. Most of Intelimax’s customers are Facebook users and with this new “Facebook Connect” feature, these individuals will be allowed to click through directly to the Gamboozle website.…

WednesdayOct 13, 2010 12:48 pm

China’s Paper Dragon

It’s no surprise to anyone that China carries a huge amount of U.S. debt, over $800 billion dollars and growing fast, though Japan is close behind. China now has more paper reserves than anyone and, in spite of weakened U.S. demand, China continues to hold a big trade surplus, spurring a potential currency war as calls grow for the yuan to rise. Upcoming U.S. elections can be blamed for bumping up the rhetoric, but the issue is real and nobody expects it to go away soon. It’s more than just Chinese exports and a weak dollar fueling the paper flow.…

WednesdayOct 13, 2010 9:11 am

Autobytel (ABTL) Selects Wunderman Southern California to Support Branding and Website Initiatives

Yesterday, Autobytel, an online company specializing in providing consumers with automotive research and purchasing advice, chose marketing firm Wunderman Southern California to support their branding and website development. Autobytel operates an extensive network of online automotive research sites, including Autotropolis.com, Autoweb.com, Autosite.com, Car.com, CarSmart.com, CarTV.com and MyRide.com. Autobytel launched their online presence with autobytel.com in 1995, and is a pioneer in online consumer automotive research. Wunderman SoCal has been placed in charge of supporting Autobytel's brand and website, as Autobytel expands its online presence, furthering the company's efforts into automotive purchase research and vehicle maintenance. "Autobytel's brand legacy is strong,"…

WednesdayOct 13, 2010 9:10 am

Webco Industries, Inc. (WEBC) Reports Fourth Quarter and Year-End Results

Yesterday, Webco Industries, Inc. reported results for their fiscal 2010 fourth quarter and fiscal year ended July 31, 2010. Webco is a manufacturer and value added distributor of high-quality carbon steel, stainless steel and other metal tubular products designed to industry and customer specifications. For their fiscal 2010 fourth quarter, Webco Industries, Inc. reported net income of $1,700,000, or $2.21 per diluted share, compared to a net loss of $16,000, or a loss of $0.02 per diluted share, for the same quarter in fiscal 2009. Net sales for the fourth quarter of fiscal 2010 were $97.2 million, a 73.4 percent…

WednesdayOct 13, 2010 8:46 am

Daulton Capital Corp. (DUCP.OB) Exercises Option on Klondike Goldfields Properties

Today before the opening bell, Daulton Capital Corp. announced it will exercise its option interest on the Balarat and Hunker properties (Crown Jewel group of claims). Located in the Klondike goldfields district of the Yukon, the claims are optioned from prospector Shawn Ryan of Dawson City. The Hunker property covers most of the upper drainages of Hunker Creek east of Gold Bottom Creek, a main tributary of Hunker Creek. One of the top five most productive placer gold creeks in the Klondike District, Hunker Creek has produced over 1.9 million ounces of gold since discovery and continues to produce more…

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