Blog - Page 3793 of 5480

ThursdayDec 03, 2009 10:27 am

Saratoga Resources, Inc. (SROEQ.OB) to Exit from Bankruptcy by Year-End

Saratoga Resources Inc. is an independent oil and gas exploration and production company whose principal holdings cover 34,246 net acres located in the state waters offshore Louisiana. The company focuses on three points: increasing production through low cost workovers and recompletions, decreasing operating costs, and increasing reserves through field studies and development. The company's main producing asset is the Green Bay Field which was first discovered in 1938. Saratoga has a 100% interest in most of the 100+ producing wells in the field. The company's other major asset is the Vermilion 16 gas field. Its other principal fields are situated…

ThursdayDec 03, 2009 9:11 am

Muscle Flex, Inc. (MFLI.PK) Founder & CEO Danny Alex Inks Globally Exclusive Five Year ‘Use of Image’ Contract

Muscle Flex Inc. announced this morning that its founder and CEO, Danny Alex, signed an exclusive 5 year 'use of image' agreement with the company. Terms of the agreement include: The use of Danny Alex's image by Muscle Flex Inc. is a perpetual, worldwide, irrevocable, royalty-free, fully paid-up right and license to the unlimited use of his likeness and/or voice in the recordings, alone or in connection with others for the use in any media, now known or hereafter created, throughout the universe and in connection with or relation to the development, marketing, advertisement, licensing, sale, distribution, and promotion of…

ThursdayDec 03, 2009 9:06 am

Enviro Voraxial Technology, Inc. (EVTN.OB) Announces 300 Percent Revenue Increase versus Entire Prior Year

Enviro Voraxial Technology, Inc., a clean tech manufacturer and developer of the Voraxial® Separator, a high-volume fluid and fluid/solid separation technology, recently announced that the company achieved a 300 percent revenue increase during the first three quarters of 2009, compared to the entire year of 2008. Despite the struggling global economy, the company achieved record sales growth during the first three quarters of this year with revenues totaling $431,000. According to GAAP financials, Enviro Voraxial Technology achieved profitability during the third quarter due to the sale of depreciated equipment. The company anticipates continued growth and accelerated business activity, which includes…

ThursdayDec 03, 2009 9:04 am

Hana Biosciences (HNAB.OB) Announces “Promising” Phase II Data for Adult Acute Lymphoblastic Leukemia Trials

Biopharmaceutical company Hana Biosciences focuses on enhancing cancer care. The company yesterday announced the completion of its phase II rALLY clinical trial for Marquibo for the treatment of adult acute lymphoblastic leukemia (ALL) in 65 patients, exceeding its previous target of 56 patients. "We would like to thank all the clinical investigators, patients and Hana employees whose efforts have allowed us to not only complete enrollment in our pivotal phase II rALLy trial, but exceed our enrollment target. Enrolling more than the targeted number of patients provides us with important pharmacokinetic data," Anne Hagey, M.D., chief medical officer of Hana…

WednesdayDec 02, 2009 4:21 pm

General Environmental Management, Inc. (GEVI.OB) Files Quarterly Report; Updates Investor Community

General Environmental Management, Inc. announced today just before market close that it has filed its 10Q Report for the quarter ended September 30, 2009. The Form 10Q can be found at http://www.sec.gov. The company also provided a brief update on the previously announced closing of the acquisition of Santa Clara Waste Water Company, as well as the progress made on the sale of GEM's field services business. According to the press release, GEM has taken major actions to eliminate debt, improve GEM's balance sheet and free up resources to focus on new, profitable markets. To date, the company has: 1)…

WednesdayDec 02, 2009 3:00 pm

Gen2Media Corp. (GTWO.OB) is “One to Watch”

Gen2Media Corporation is a fully integrated video technology, production, and marketing company. Trading on the OTC Bulletin Board, the company owns and operates the e360LIVE media network. This network reaches 20 million-plus viewers monthly through content syndication using their digital video publisher application and platform. The company works to embody the very best of broadcast and broadband. Gen2Media's video publishing technology enables businesses of all types to easily publish online video. It also helps them to manage media content and advertising delivery. Their proprietary and patent-pending technology has earned the trust of a growing, globally diversified customer base. These customers…

WednesdayDec 02, 2009 1:12 pm

Communication Intelligence Corp. (CICI.OB) and Docubase Systems Join to Improve Document Management Systems

Leading electronic signature solutions company, Communication Intelligence Corporation, and Docubase Systems, Inc, a leading International Electronic Document Management software provider, jointly announced today that they have entered into an agreement to provide their products and services as an integrated solution for the financial services, government and healthcare industries. Under the terms of the agreement, CIC will provide its industry tested electronic signature technology for use in Docubase's document management software suite. CIC's comprehensive suite of software tools, shrink-wrapped solutions and server technologies address the stringent international requirements of the countries in which Docubase operates. The flexibility of CIC's products enables…

WednesdayDec 02, 2009 1:11 pm

Global Technology Distribution Council Reports IT Market Momentum

Recently, the Global Technology Distribution Council released news that recent quarterly sales tracking in the technology distribution industry shows promising signs of IT market recovery in the U.S. and Europe. While revenue levels still remain significantly below comparable periods last year, industry conditions continue to improve. In Europe, the small-and-mid-size-business market has shown stability and improvement in recent weeks, especially in comparison to the larger enterprise market where GTDC members have expressed little surprise to see as slower recovery and less improvement. GTDC member sales, which represent more than $100 billion in annual worldwide revenue, are tracked via independent research…

WednesdayDec 02, 2009 1:05 pm

Terra Energy & Resource Technologies, Inc. (TEGR.OB) Signs Join Venture with Lucas Energy (LEI) to Develop Oil and Gas Holdings in Texas

Terra Energy & Resource Technologies, Inc. and Lucas Energy, Inc. (AMEX: LEI) today announced the signing of a Memorandum of Understanding (MOU) for a joint venture to realize profits on oil and gas properties in Texas. The MOU creates an architecture whereby LEI’s oil and gas properties are combined with TEGR’s innovative technology and networking capacity, resulting in increased efficiency and productivity. LEI CEO Mr. William Sawyer stated that, "Lucas Energy's strategy is aimed at risk reduction, and we are excited that we can further reduce such risks in developing some of our properties utilizing the cutting edge technologies of…

WednesdayDec 02, 2009 12:01 pm

Recovery Energy, Inc. (RECV.OB) Appoints Jim Miller to the Company’s Board of Directors

Recovery Energy, Inc., an independent energy company focused on the acquisition and development of undercapitalized and neglected onshore oil and gas fields located in the United States, recently announced the appointment of Jim Miller to the company’s Board of Directors. Mr. Miller’s appointment became effective on November 16, 2009 and he serves as an independent director for Recovery Energy. Mr. Miller began his career with a billion dollar holding company that focused on distressed situations, natural resources and energy opportunities. He is also a co-founder and managing director of FirstCity Crestone, LLC, an investment company with a focus on investing…

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