Blog - Page 3773 of 5700

ThursdayJul 22, 2010 8:36 am

Vantage Drilling Company (VTG) to Offer Debt and Equity for Acquisition

Vantage Drilling Company is offering to the public a combination of debt and equity to finance the recently announced acquisition of a 55% interest in the Mandarin Drilling Corporation. This purchase would make Vantage Drilling Company the sole owner of the Mandarin Drilling Corporation. The Mandarin Drilling Corporation owns the construction contract for the Platinum Explorer, an Ultra Deepwater Drill Ship currently being built in a shipyard in South Korea. Vantage Drilling Company is offering $960 million of senior secured notes due in 2015, and $50 million of common stock. The funds will be used primarily to fund the acquisition…

ThursdayJul 22, 2010 8:35 am

Consolidated-Tomoka Land Co. (CTO) Reports Results for Second Quarter of 2010

Consolidated-Tomoka Land Co. reported financial results for the second quarter of 2010. The company earned net income of $127,000, or $0.02 per diluted share, in the quarter ending 6/30/2010, compared to net income of $188,000, or $0.03 per diluted share, in the same quarter of 2009. Consolidated-Tomoka Land Co. also reported a drop in sales on a year over year basis. The company reported sales of $3.8 million in the second quarter of 2010, compared to $5.3 million in the corresponding quarter of 2009. The management of Consolidated-Tomoka Land Co. expressed little confidence in the current real estate market, and…

ThursdayJul 22, 2010 8:33 am

Pacific Blue Energy Corp. (PBEC.OB) Secures 100 Acres in Arizona for 150MW Solar Farm

Pacific Blue Energy Corp., a development stage renewable energy company, has inked an agreement to acquire 100 acres in Gila Bend, Ariz., as part of its larger plan to develop a new 150 megawatt solar farm. Additionally, the company is in discussions to purchase an additional 707 acres adjacent to the announced 100 acres. In May the company announced a 20 megawatt Sunshine Solar Farm solar electric project currently in development with Siliken Renewable Energy on 154.3 acres Pacific Blue owns near Flagstaff, Ariz. The Gila Bend property was chosen for its close proximity to the Sunshine Solar Farm and…

ThursdayJul 22, 2010 8:32 am

VIASPACE Inc. (VSPC.OB) Announces Global Expansion; In Talks with Potential Customers in Europe, India and Asia

VIASPACE Inc., a clean energy company providing products and technology for renewable and alternative energy solutions that reduce or eliminate dependence on fossil and high-pollutant energy sources, recently announced that the company’s top executives are touring Europe, India and Asia to hold talks with potential customers and partners seeking new and more reliable supplies of biomass feedstock for their green energy operations and projects. In Europe, the company’s top executives met with potential pellet customers, biogas equipment suppliers, biogas electricity generators and potential partners for power plants and pellet mill projects. In India, where the demand for clean electricity is…

ThursdayJul 22, 2010 8:30 am

Patriot Scientific Corp.’s (PTSC.OB) Subsidiary Signs Reseller Agreement

Yesterday, Patriot Scientific Corporation reported that their wholly owned subsidiary, Patriot Data Solutions Group (PDSG), entered into a strategic partnership agreement with SRA International, Inc. SRA will become a reseller of PDSG's Crossflo DataExchange® (CDX) line of products, under this agreement. PDSG's CDX Enterprise Solution is both an enterprise-class middleware platform and an end-to-end Justice systems integration solution. The solution includes CDX ExchangeBuilder. The CDX ExchangeBuilder enables agencies to visually model information exchanges and develop NIEM-conformant Information Exchange Package Documentation (IEPD). It includes a complete, secure, and robust data exchange platform and the CDX Enterprise Portal that represents a secure…

ThursdayJul 22, 2010 8:24 am

Silver Falcon Mining, Inc. (SFMI.OB) Video Chart for Thursday, July 22, 2010

SFMI has retraced since a huge climb earlier this year. Now it is holding the 200dma and could be poised to make another move. However, it must hold support as described in the video. Please click the following link: http://www.qualitystocks.net/videocharts.php?chartvid_id=445 Let us hear your thoughts below:

WednesdayJul 21, 2010 3:20 pm

China Yongxin Pharmaceuticals (CYXN.OB) Opens 7 Strategically Located Drugstores in China

China Yongxin Pharmaceuticals Inc., a leading Chinese health products distribution and retail sales company, today announced the opening of seven new chain drugstores in July as the company executes its plan to extend its market reach. The seven stores are in addition to several stores already opened this year, reflecting 30 stores in Changchun City, 31 in Baishan City, and a total of 110 throughout Northeastern China. "We are pleased to announce the opening of a total of 13 new stores in 2010, expanding our footprint within densely populated and high income districts. We continue to be confident that we…

WednesdayJul 21, 2010 1:07 pm

Manas Petroleum Corp. (MNAP.OB) Announces Kickoff of Albanian Seismic Program

Manas Petroleum Corp., www.manaspetroleum.com – the international oil and gas explorer/developer which owns, via subsidiary DWM Petroleum AG, 32.36% of issued and outstanding shares of Petromanas Energy Inc., announced that Petromanas kicked off its Albanian seismic programs. Seismic operations in Albania, on Blocks D-E and Blocks 2-3, have begun according to plan and on schedule with completion expected in October this year, as Petromanas has secured all licenses and permits and arrayed at the site both equipment and contractor personnel. Consisting of some 250km of 2D seismic surveying, this program will include the 105km stipulated by the license's required work…

WednesdayJul 21, 2010 1:03 pm

Mainland Resources, Inc. (MNLU.OB) Spuds Potentially Huge Mississippi Shale Gas Play

Mainland Resources, Inc., www.mainlandresources.com – the independent oil and gas explorer/developer/producer with its feet firmly planted in the world’s fourth largest gas field, the northern Louisiana Haynesville Shale play, and with its working-interest partners controlling some 17.5k net acres in Mississippi (on what MNLU considers a future major gas field), announced the commencement of drilling in MS on the Buena Vista Prospect. The Buena Vista Prospect has been the subject of considerable research and analytical explorative efforts, largely because its geographic location and analysis of extant deep well drilling in the region indicate a major resource cache, resulting in the…

WednesdayJul 21, 2010 12:54 pm

The Sky Is the Limit for VizStar, Inc. (VIZS.OB)

VizStar, DBA Celestial Jets, is a premier aviation charter broker focused on delivering a new and unparalleled way to experience private jet travel. The company delivers its unmatched service to customers without any membership or initiation fees, long-term commitments or capital requirement. VizStar does this while also delivering typical savings of 20-30% when compared to its competitors' solutions. With the acquisition of Celestial Jets, the company has access to nearly 6,000 aircraft worldwide through strategic vendor relationships and is in a position to broker private flights at any time on any day. Under its business plan, VizStar has a number…

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