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WednesdayJul 07, 2010 7:07 am

Cellceutix Corp. (CTIX.OB) Announces Completion of All Three Animal Safety Pharmacology Studies Required by FDA Prior to Filing Investigational New Drug (IND) Application

Cellceutix Corp. announced earlier this morning that it has completed all three animal safety pharmacology studies for its cancer compound, Kevetrin™, that are required by the U. S. Food and Drug Administration prior to filing an IND. These studies evaluate the impact of the administration of a compound on the respiratory, cardiovascular, and central nervous systems. Dr. Krishna Menon, Chief Scientific Officer of Cellceutix, commented, "Previous required testing on the respiratory and central nervous systems showed no significant neuropharmacological or biologically relevant effects. This set of cardiovascular testing coincided with those results with no significant effects at low, medium or…

TuesdayJul 06, 2010 2:55 pm

Mexco Energy Corporation (MXC) Reports Profit in Fiscal 2010

Mexco Energy Corp. reported net income of $0.4 million, or $0.21 per diluted share, in fiscal 2010, which ended 3/31/2010. The company reported net income of $1.2 million, or $0.61 per diluted share, in fiscal 2009. Sales also showed a sharp decline in fiscal 2010 compared to fiscal 2009. Mexco Energy Corporation reported sales of $3.2 million in fiscal 2010 compared to $4.9 million in fiscal 2009. The management of Mexco Energy Corporation attributed the reduced revenue and net income to the year over year decrease in prices realized for oil and gas production. The company realized an average price…

TuesdayJul 06, 2010 2:28 pm

MMRGlobal, Inc. (MMRF.OB) Representative to Travel to China to Finalize Launch of Electronic Medical Project

MMRGlobal Inc. operates through its wholly owned subsidiary MyMedicalRecords Inc. to provide online personal health records (PHR) and electronic safe deposit box storage solutions for consumers, healthcare professionals, employers, insurance companies, professional organizations and affinity groups. Jeff Holtmeier, MMR's representative to China, will travel to Zhengzhou, China, next week to meet with the company’s China joint-venture partner Unis-TongHe (Unis-TH), Hewlett-Packard China, and various other strategic partners to discuss the planned launch of Zhengzhou City's Electronic Medical Record (EMR) project. These plans include a customized version of MMR's proprietary PHR services and professional document imaging solutions led by MMRPro and the…

TuesdayJul 06, 2010 1:37 pm

Yongye International’s (YONG) Products and Innovative Farming Methods Featured on China Central Television Segment

Yongye International Inc., a leading manufacturer, developer and distributor of agricultural nutrient products in China, was recently featured as an “innovative and effective agricultural model” by China Central Television's (CCTV) Economic Channel on the Economic News program. The seven-minute segment highlighted the company’s “Shengmingsu” branded plant nutrient product and unique branded store business model, and described how innovative agricultural efforts have helped Chinese farmers improve productivity and overcome adverse weather conditions. The report included interviews with several farmers’ discussing their experience with Yongye's Shengmingsu branded plant nutrient products and the company’s efforts to help assist the farmers in improving yields…

TuesdayJul 06, 2010 1:31 pm

Sino Gas International Holdings, Inc. (SGAS.OB) Announces Presentation at the Global Hunter Securities 2010 China Conference on July 13 in San Francisco, CA

Sino Gas International Holdings, Inc., a leading developer of natural gas distribution systems in small- and medium-size cities in China, as well as a distributor of natural gas to residential, commercial and industrial customers in China, recently announced that the company will make a presentation at the Global Hunter Securities 2010 China Conference on July 13 in San Francisco, California. The conference is being held from July 11th until July 13th at the St. Regis Hotel. Sino Gas will be presenting on Tuesday, July 13th at 3:00 pm PST in presentation room #1 and company personnel will be available for…

TuesdayJul 06, 2010 12:51 pm

China New Media Corp. (CMDI.OB) Appoints New Board Members

China New Media Corp., www.gywj.cn – owner and operator of the biggest outdoor media network in the thriving city of Dalian, Northeastern China’s commercial hub, announced some alterations to its Board of Directors (BoD) on June 23: • Mr. Dror Poleg - Chairman of the Nomination Committee (independent director) • Mr. Johann Y. Tse - Chairman of the Compensation Committee (independent director) • Ms. Ming Ma, president of the Company - Director of the Board This brings the BoD to a total of four, including two independent directors. The appointments were acknowledged by Chairman and CEO, James Wang, as a…

TuesdayJul 06, 2010 12:49 pm

Intelimax Media, Inc. (IXMD.OB) Upgrades Gaming Website, Rolls Out InteliGaming Network

Intelimax Media Inc., www.intelimax.com – developers of online gaming, web content and the proprietary InteliGaming multi-player network, announced the launch of their supercharged new gaming and social networking website Gamboozle.com™ today. The Company’s InteliGaming multi-player network, whereby the Company licenses white label products (that is, content that can be skinned or branded to suit the client), constitutes a robust subscription gaming solution for third parties. President and CEO of IXMD Chaz Green, pointing out the decided shift towards casual gaming in the online market and subsequent emphasis on so-called “soft” games like Tetris, Bingo, Pac Man et al., also disclosed…

TuesdayJul 06, 2010 10:34 am

Micro Identification Technologies, Inc. (MMTC.OB) Gains Marketplace Traction

Micro Identification Technologies Inc. may be getting some serious traction in its drive to introduce a revolutionary new way of identifying pathogenic microorganisms. The company has created the MIT 1000, the world’s only non-biological automated system for identifying bacteria, using proprietary software to analyze and interpret the complex patterns generated by laser light reflected off the microbes. Compared to traditional methods of identification, the MIT 1000 offers a far quicker, simpler, and less costly way of spotting potentially dangerous contaminates. The federal government has called for the passage of tougher food safety regulations based upon dramatic numbers regarding the toll…

TuesdayJul 06, 2010 9:46 am

Nevada Geothermal Power Inc. (NGLPF) Opens Phase One Blue Mountain Plant, Full Development Program Estimated at 150-300 Megawatts

As the stock market continues to fumble along, safer bargain stocks may be a place to look for investment. Although not sexy, utilities may be an option if the price is right. With industry down for the moment these types of stocks may also be ripe for purchase. For those that would like a portion of their portfolio in a fairly safe place, a profit may well come down the road. Nevada Geothermal Power Inc., a newly opened Geothermal power plant located in Nevada, is working to construct geothermal power facilities located in Nevada and Oregon. The company's Blue Mountain…

TuesdayJul 06, 2010 9:42 am

China Industrial Waste Management, Inc. (CIWT.OB) Receives Additional Government Subsidy for Capacity Expansion Project

One company that is starting to make a move in the global green sector is China Industrial Waste Management Inc. Located in Dalian, China, the company is engaged in the collection, disposal, recycling and treatment of industrial wastes principally in Dalian and surrounding areas of China through its 90%-owned subsidiary Dalian Dongtai Industrial Waste Treatment Co., Ltd. Today, China Industrial Waste took a major step towards enhancing its future with the announcement they have received a government subsidy for their capacity expansion project. Dalian Dongtai, the premier subsidiary of China Industrial Waste, will receive this national subsidy of RMB 5…

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