Blog - Page 3740 of 5670

MondayJul 26, 2010 8:57 am

Strength of Cellceutix, Inc. (CTIX.OB) Pipeline Results in Contracting of Destum Partners to Partner Psoriasis Compound

Cellceutix Corporation announced this morning that they have contracted acclaimed consulting firm, Destum Partners, to aggressively seek a partner to develop their compound, KM-133, for the treatment of psoriasis. Destum has a distinguished history of establishing partnerships in the biotechnology industry to meet the developmental needs for promising compounds. Cellceutix has been receiving notoriety recently with a series of press releases regarding Kevetrin, their compound in development for multi-drug resistant cancers, and KM-391, their compound for the treatment of the core issues of autism. Kevetrin is approaching Phase I human trials and has displayed extremely promising results in pre-clinical studies.…

MondayJul 26, 2010 8:11 am

Plaza Bank (PLZB.OB) Acquires Certain Assets and Assumes Certain Liabilities of SouthwestUSA Bank

On Friday, Plaza Bank announced that they acquired certain assets and assumed certain liabilities of SouthwestUSA Bank in a purchase and assumption agreement, including loss share arrangement, with the Federal Deposit Insurance Corporation. SouthwestUSA Bank is a Las Vegas, Nevada-based company. Today, the SouthwestUSA Bank branch will reopen as a branch of Plaza Bank. Depositors of SouthwestUSA Bank will automatically become depositors of Plaza Bank, and the FDIC will continue to insure deposits. Current SouthwestUSA Bank customers can continue to access their money through writing checks or using their current ATM or debit cards. Checks drawn on the Bank will…

MondayJul 26, 2010 8:07 am

BioMedical Technology (BMTL.OB) Expands Demolizer II Market with More Orders in Wyoming

BioMedical Technology Solutions, Inc. announced yesterday that the U.S. Department of Veterans Affairs has ordered an additional two Demolizer® Systems for facilities in the State of Wyoming. The Demolizer II, BioMedical’s flagship product, allows medical staff members to safely and inexpensively dispose of medical waste that would normally be subject to expensive medical waste hauling, and cradle-to-grave liability for the facility. A green solution to biomedical waste disposal, the Demolizer II patented treatment process uses dry heat technology, rendering waste 99.9999 percent sterile and sharps non-reusable. The treated waste is then properly labeled and thrown away as common trash. The…

MondayJul 26, 2010 7:52 am

NetSol Technologies, Inc. (NTWK) Inks Contract to Implement NFS CAP Solution with a Major U.S. Auto Manufacturer in China

NetSol Technologies, Inc., a worldwide provider of global IT and enterprise application solutions, announced this morning that it was awarded a major software and IT services contract valued more than $1 million with a major U.S. automotive manufacturer's captive finance arm in China. According to the press release, NetSol will provide its Credit Application Processing solution to fully automate point of sale (POS) functions in the client's Chinese dealer network as well as install its next-generation platform to capture all credit and client data at the point of sale to streamline and automate the entire credit application capture process. Naeem…

FridayJul 23, 2010 3:43 pm

Virginia Heritage Bank (VGBK.OB) Posts Q2 Results Exceeding Internal Projections

Virginia Heritage Bank today posted its financial results for the second quarter ended June 30, 2010, with numbers surpassing initial internal forecasts. The bank reported second-quarter net income before taxes of $960,000, up from $265,000 for the same period in 2009. The company attributes the increase in net income primarily to the $1.1 million increase in net interest income representing strong balance sheet growth. Virginia Heritage reported significant balance sheet growth with total assets of $405 million at June 30, 2010, representing an increase of $114 million compared to total assets at June 30, 2009. Total gross loans were $344…

FridayJul 23, 2010 2:50 pm

Global Capacity (CGSY.OB) Restructures to Create a Solid Balance Sheet

Global Capacity, www.globalcapacity.com – the provider of unprecedented transparency in the worldwide access network market as a telecom information specialist and logistics company with a unique advantage (in that it can leverage a special collection of global telecom supply and pricing data), announced the start of a formal balance sheet and capitalization restructuring process today. This move will enable CGSY to become an even more competitive and profitable system with an improved market position through the organization of debt and past due payables, resulting in a much stronger balance sheet which will serve as an engine for organic growth and…

FridayJul 23, 2010 2:48 pm

TeleCommunication Systems (TCS) iPhone Navigational Product Wins 2009 Communications Solutions Product of the Year Award

TeleCommunication Systems Inc., a leading global provider of secure mobile communication technology, today announced that the Gokivo(R) Navigator iPhone application won the 2009 Communications Solutions Product of the Year Award from Technology Marketing Corporation (TMC). The Communications Solutions Product of the Year Award is given to companies displaying vision, leadership and thoroughness. "Gokivo Navigator turns any GPS-enabled mobile phone into a personal navigation device and TMC is pleased to recognize it as a 2009 Product of the Year Award," Rich Tehrani, TMC's CEO stated in the press release. "Congratulations to the entire team at TCS. I look forward to more…

FridayJul 23, 2010 12:42 pm

MMRGlobal, Inc. (MMRF.OB) Video Chart for Friday, July 23, 2010

MMRF is holding the 200dma and appears to be trying to make the next leg up. The indicators are positioned and now we are looking for some volume to push through the resistance described in the video while, most importantly, holding support levels. Please click the following link: http://www.qualitystocks.net/videocharts.php?chartvid_id=446 Let us hear your thoughts below:

FridayJul 23, 2010 12:42 pm

eDoorways Corp. (EDWY.PK) Video Chart for Friday, July 23, 2010

We revisited the EDWY stock chart today. Since our last interpretation video, the stock has held the support level at $.0015 and made a new higher low as it is now perched against the resistance at $.0025. Please click the following link: http://www.qualitystocks.net/videocharts.php?chartvid_id=447 Let us hear your thoughts below:

FridayJul 23, 2010 12:38 pm

Exterra Energy, Inc.’s (EENI.OB) East Texas Operation Projected to Generate $700k/month

Exterra Energy, Inc., www.exterraenergyinc.com – the oil and gas exploration/production firm out of Amarillo, Texas which is pursuing a shrewd growth strategy through the acquisition of undervalued properties, announced a milestone in its East Texas package with the closing of 31 wells on 12 leases in the Woodbine Formation at the East Texas Field. An operational agenda announced in April projects the completion of the entire package as being just around the corner, and EENI’s closing on these wells will allow for immediate re-equipping and a projected net income of roughly $125k/month in 3-4 months after work-over. The package as…

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