Blog - Page 3740 of 5550

ThursdayApr 08, 2010 7:36 am

Blackwater Midstream Corp. (BWMS.OB) Subsidiary Enters Asset Purchase Agreement for Georgia Facility

Blackwater Midstream Corp.’s wholly owned subsidiary, Blackwater Georgia, L.L.C., announced recently that it has entered into an Asset Purchase Agreement to acquire a liquid terminal facility in Brunswick, Georgia. The closing of the acquisition, valued at $1.8 million, will occur by May 31, 2010. Located on six acres of leased property, the Brunswick site consists of 160,000 barrels of storage capacity and is accessible for ocean vessels, inland barges, railcars, and tanktrucks. There is also available on-site space to build an additional 150,000 barrels of capacity. Mike Suder, Blackwater Midstream Corp.'s Chief Executive Officer stated, "The Brunswick facility acquisition is…

ThursdayApr 08, 2010 7:35 am

American Jianye Greentech Holdings, Ltd. (AJGH.OB) to Operate Retail Gas Stations through Their Subsidiary

American Jianye Greentech Holdings, Ltd. announced that their wholly owned subsidiary, Heilongjiang New Clean Fuels Co., would begin operating retail gas station outlets in Guangxi, China this year. The gas stations will sell conventional and American Jianye Greentech Holdings alcohol based fuels. Mr. Haipeng Wang, President of American Jianye Greentech Holdings, commented, "These retail outlets will create new users of our alternative fuels in the Guangxi Zhuang region of Southern China, and help us develop a better understanding of our alcohol-based clean fuels among consumers. It's an opportunity for us to leverage our existing fuel distribution assets, with a vertically…

ThursdayApr 08, 2010 7:33 am

MAX Resource Corp. (MXROF.OB) Initiates Core Drilling at Table Top Gold Project

MAX Resource Corp. announced that it has initiated a core-drilling program to gauge the mineral potential at the Table Top Project in Humboldt County, Nevada. The Table Top Project is comprised of 3,420 acres, or 171 claims, near the town of Winnemucca. MAX Resource Corp. said that the Table Top project is located in the Kings River Rift, a geological formation that runs through the area. Several producing gold mines are in this geological trend, including the Sleeper Canyon Mine and the Sandman Mine. Clancy Wendt, an exploration executive at MAX Resource Corp. said, “The trenching and drilling program was…

ThursdayApr 08, 2010 7:27 am

Simulated Environment Concepts, Inc. (SMEV.PK) Passion Matches Technology

Most companies have mission statements that are supposed to help keep employees focused on the values of the original founder(s). Over time, however, they often end up as little more than words hanging on conference room walls, or on a reference page of the company website. But Simulated Environment Concepts Inc. sees itself as having been successful based almost exclusively on the passion and determination of its people. That passion is to bring what they see as the most progressive and ergonomically sound relaxation device in existence, their space-age-shaped relaxation station – the SpaCapsule®, to every single corner of the…

WednesdayApr 07, 2010 3:55 pm

MSC Industrial Direct Co. (MSM) Reports Increase in Net Income

MSC Industrial Direct Co. reported net income of $30.6 million, or $0.48 per diluted share, in the second fiscal quarter of 2010 (ended 2/27/2010). The company reported net income of $26.3 million, or $0.42 per diluted share, in the same quarter of 2009. Revenues in the second fiscal quarter of 2010 were reported at $395.5 million, a 12% increase from the $351.9 million reported in the second fiscal quarter of 2009. David Sandler, the CEO of MSC Industrial Direct Co., said, “The fiscal second quarter reflected solid performance against a backdrop of improving market conditions. Driven by excellent execution, we…

WednesdayApr 07, 2010 3:04 pm

PURE Bioscience (PURE) Receives EPA Registration for Powerful Sanitization Solution

PURE Bioscience develops and markets technology-based bioscience products for various health challenges. The company yesterday announced it has received U.S. Environmental Protection Agency (EPA) registration for its SDC-based disinfectant and food contact surface sanitizer. Patented SDC is an electrolytically generated source of stabilized ionic silver that, when used as a platform technology, differs from competitors because of its superior efficacy, reduced toxicity and the inability of bacteria to form a resistance to it. According to the Centers for Disease Control and Prevention (CDC), foodborne pathogens cause 76 million illnesses per year in the U.S., resulting in 325,000 hospitalizations and 5,200…

WednesdayApr 07, 2010 1:05 pm

Marcel Herbst of Harcourt AG Joins Fund.com, Inc.’s (FNDM.OB) Subsidiary Weston Capital Management

Today, Fund.com, Inc. announced that Marcel Herbst, formerly of Harcourt AG, has joined the management team as managing director of its wholly owned subsidiary Weston Capital Management LLC, which has more than $1 billion under management. In his new position, Herbst will lead global distribution efforts, forging strategic partnerships and overseeing business development. He will report directly to Weston Capital CEO Albert Hallac. Hallac said, "Marcel's tremendous experience will start immediately to make a huge contribution to important strategic projects currently under way. He has the know-how to positively advance our growth." Herbst joined the firm after nearly a decade…

WednesdayApr 07, 2010 12:07 pm

Energtek, Inc. (EGTK.PK) “Fills” the Need in Natural Gas Infrastructure

Energtek Inc. is a world leader in the development and commercialization of Adsorbed Natural Gas (ANG) technology. The company has developed breakthrough proprietary technology which efficiently enables increased use of natural gas in vehicle and industrial markets globally. One of the product offerings from Energtek is filling stations. Natural gas filling stations are an essential element in any natural gas vehicle or pipeless gas supply project. The creation of natural gas filling station infrastructure requires complex technological solutions and dynamic resources as well as significant financial and legal development efforts. The company's offering builds on the experience accumulated in the…

WednesdayApr 07, 2010 12:04 pm

Elray Resources, Inc. (ELRA.OB) Ecuador Property Report Confirms 15 Important Veins

Elray Resources Inc. is a junior exploration and development company which has successfully accumulated a portfolio of mining properties in Asia and South America. The company's primary objectives are to source projects, conduct geological assessments and seek joint venture partners to develop the properties. The company reported today that the recently acquired Picacho property in south-eastern Ecuador shows potential for the discovery of precious metals due to a number of gold-bearing veins. The Picacho property is in a prolific 150 square kilometer region known to contain at least 15 important gold-bearing veins. Independent geologists believe these veins may extend for…

WednesdayApr 07, 2010 11:16 am

iTokk Inc. (IKTO.OB) Inks Distribution Deal with Mayfair Club A.E.

Communications company iTokk Inc. today announced its master reseller license agreement with Mayfair Club A.E. of Athens Greece, an international import and export company. Per the agreement, Mayfair Club will distribute iTokk products and services in Greece. Mayfair Club’s experience in marketing, distribution and call-centre solutions for more than 1,800 businesses has helped the company establish a network of more than 1.2 million customers. The company recently secured more than 3,000 residential contracts in January for Internet search provider Forthnet and has partnered with several industry players, including Vodafone Greece, Wind telecom & ISP, Vivodi Telecommunications, Cosmote, On Telecoms and…

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