Blog - Page 3734 of 5485

FridayFeb 12, 2010 10:57 am

Clenergen Corp. (CRGE.OB) Elects Former BP Global Chief Accountant as President and CFO

Clenergen Corp. develops clean energy generation projects to address the need for renewable and sustainable supplies of electricity. The company installs and operates Distribution Environmental Power Systems (DEPS) around the world and the power is sold to regional, independent clients and national grids. Clenergen uniquely applies plant science to the cultivation of proprietary biomass feedstocks in order to power these systems. The company announced today the appointment of Mike Starkie as president and chief financial officer of Clenergen. He replaces Dale Shepard as CFO. Mr. Starkie was the former chief accountant of British oil giant BP from 1994 to December…

FridayFeb 12, 2010 10:49 am

Helix Wind Corp. (HLXW.OB) Receives Bridge Financing from St. George Investments

Helix is a global renewable energy company that is engaged in the design, manufacturing and sale of small wind vertical axis turbine designed to generate clean and renewable energy. Today, Helix announced that they have received the second tranche of bridge financing from St. George Investments, LLC. Helix made the announcement they had secured a bridge loan from St. George on February 8 of this year in the total of $585,000. This second tranche was in the total of $185,000 and could lead to big things for the future of Helix. Leading the way at Helix is Ian Gardner who…

FridayFeb 12, 2010 10:32 am

China Digital Animation Development, Inc. (CHDA.OB) Announces Appointment of Andrew Mininger to Its Board of Directors

China Digital Animation Development, Inc., a premier China-based digital animation development company operating in one of the largest animation development centers in China, recently announced the appointment of Andrew Mininger to the board of directors. Mr. Minninger is currently the chief executive officer of Mada Design, a New York-based graphic design firm specializing in packaging, publishing, illustration, 2D animation and licensing. With more than 15 years of experience and successfully placing over 52 brands in the pharmaceutical industry, Mr. Mininger is an expert at developing innovative strategies for introducing new products into the marketplace and creating brand awareness. In addition,…

FridayFeb 12, 2010 10:27 am

Athersys Inc. (ATHX) Tacks Two New Patents to its Intellectual Property Portfolio

Biopharmaceutical company Athersys Inc. yesterday announced the addition of two patents to its broad intellectual property portfolio, now consisting of 14 granted patents and more than 120 global patent applications around its stem cell technology and MultiStem product platform. Athersys was recently granted U.S. patent 7,659,118 that covers the company’s MultiStem technology and non-embryonic multipotent stem cells, including their isolation, expansion, and related pharmaceutical compositions. The company has also been granted EP patent EP1218489B1 that covers non-embryonic pluripotent stem cells, including their isolation, expansion and usage. In its trials, MultiStem® has demonstrated therapeutic potential to treat a broad range of…

FridayFeb 12, 2010 10:26 am

Voiceserve (VSRV.OB) Reports Third Quarter 2010 Financial Results

Voiceserve Inc. is a low-cost, next-generation internet telephony software and service provider. The company's products include VoipSwitch, a custom modular all-in-one Voice over Internet Protocol (VoIP) management platform licensing solution for resellers, VoIP airtime minutes bundled with optional convenient features, along with mobile software and video technologies. The company today reported financial results for its third quarter ended December 31, 2009. Voiceserve reported revenues of $985,000 for the third quarter which compares to $439,000 for the same period of the previous fiscal year, and represents an increase of 31 percent over the current fiscal year second quarter. For the nine…

FridayFeb 12, 2010 10:23 am

Pacific Biomarkers, Inc. (PBME.OB) Announces Quarterly Results

Pacific Biomarkers Inc., Seattle based provider of specialized central laboratory and contract research services supporting pharmaceutical and diagnostic manufacturers, today reported financial results for the second quarter of FY2010, together with first half results for the fiscal year. Revenue for the three months ended December 31, 2009 (their second quarter FY2010), decreased 35%, to $2,113,795, compared with the same quarter last year, and decreased 8% compared with the previous quarter. The company reported an operating loss of $307,037 (and net loss of $457,629) for the quarter, versus an operating income of $554,505 (and net income of $976,671) for the same…

ThursdayFeb 11, 2010 11:42 pm

Eastern Insurance Holdings, Inc. (EIHI) Reports Net Income and Book Value Growth

Eastern Insurance Holdings, Inc. reported net income of $2.7 million, or $0.29 per diluted share, for the quarter ending 12/31/2009. In the same quarter of 2008, Eastern Insurance Holdings, Inc. reported a net loss of $18.4 million, or $2.05 per diluted share. Eastern Insurance Holdings, Inc. also grew book value on a year over year basis, from $14.13 per share at the end of 2008 to $15.78 per share at December 31, 2009. The company reported revenue of $36.7 million for the fourth quarter of 2009, up from $30.1 million in the same quarter of 2008. Bruce M. Eckert, the…

ThursdayFeb 11, 2010 5:06 pm

Newport Digital Technologies, Inc. (NPDT.OB) Appoints Leonard Makowka M.D. Ph.D. to the Advisory Board

Newport Digital Technologies, Inc. announced this morning that Leonard Makowka M.D. Ph.D. has been appointed to the company’s Advisory Board. Dr. Makowka will assist Newport Digital in the integration and sales of wireless and paperless hospital solutions in North America. These solutions have been successfully developed and implemented in Taiwan through NPDT's technology partners, The Institute for Information Industry (III) and Industrial Technology Research Institute (ITRI), and will leverage the company’s existing RFID and Wimax technologies. Dr. Makowka will supervise Newport’s efforts to develop and implement Beta test sites at select major US Hospitals and academic institutions. The company anticipates…

ThursdayFeb 11, 2010 4:55 pm

Simulated Environment Concepts, Inc. (SMEV.PK) Promotes National Literacy with The Book Bank Foundation and NFL Legends

Simulated Environment Concepts, Inc., makers of the high pressurized dry water massage and relaxation station SpaCapsule, today announced their successful participation in a gala and fundraiser for The Book Bank Foundation (BBF). Held last Thursday, the event was sponsored by AJENE WATSON, LLC, the company's current private lender and financial business development and management consultant. The charity event was attended by many NFL players and corporate executives who traveled to Miami for Sunday's Super Bowl 2010. "We are excited to lend a hand to a great cause," stated Dr. Ella Frenkel, President and CEO of Simulated Environment Concepts, Inc. "The…

ThursdayFeb 11, 2010 3:37 pm

Pepper Rock Resources Corp. (PEPR.OB) is “One to Watch”

Pepper Rock Resources Corp. is an emerging company focusing on low risk exploration and production reclamation projects in the oil and gas sector. They are currently negotiating a joint venture project based in Texas. This project would encompass the drilling of several development wells and the re-entry of existing producing wells. In addition, they are evaluating several producing oil and gas properties based in Canada and the United States. Pepper Rock engages in the careful identification and acquisition of high quality opportunities in the natural gas sector. The Company is working to assemble asset and property combinations, which will include…

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