Blog - Page 3797 of 5624

ThursdayApr 22, 2010 6:57 am

ubroadcast, Inc. (UBCI.OB) Announces Letter of Intent to Acquire X2A Consulting

ubroadcast, Inc., a leader in Internet broadcasting that allows users to produce and broadcast LIVE and on-demand television and radio in high quality, recently announced that the company has signed a letter of intent to acquire X2A Consulting, LLC. X2A Consulting is a privately held, profitable business software consulting company whose clients include Booz Allen Hamilton, Vodafone and employees of Microsoft, IBM, Siemens, Raytheon and Unisys. During 2009, X2A Consulting recorded revenues of approximately $500,000. Under the terms of the letter of intent, the acquisition will be made with ubroadcast stock and both the parties are to complete negotiations and…

ThursdayApr 22, 2010 6:56 am

Epic Energy Resources, Inc. (EPCC.OB) Announces Marcellus Shale Drilling and Development Agreement

Epic Energy Resources, Inc., an integrated energy services company that specializes in data management and integration for upstream, midstream and downstream energy infrastructure, recently announced that the company has commenced its drilling and development agreement with Whittle Corporation to drill Marcellus Shale wells in northwest West Virginia. Under the terms of the agreement, ARGOS Asset Management, Epic's joint venture with UIV, LLC, will develop certain leases held by Whittle Corporation, which includes an 11-county area of mutual interest. ARGOS and Whittle Corporation have agreed to jointly develop approximately 12,600 acres, and capital funding for the program will be provided by…

ThursdayApr 22, 2010 6:55 am

Centrix Bank (CXBT.OB) Announces First Quarter 2010 Financial Results

Centrix Bank announced yesterday their first quarter 2010 financial results. These results highlight record period-over-period growth and returns. A copy of the entire First Quarter Report 2010 is available on the Bank's website at centrixbank.com. Highlights for the quarter ended March 31, 2010 include the Bank reporting net income available to common stockholders of $1,907,000 or $0.62 per share (diluted), compared with $825,000, or $0.27 per share (diluted), for the same period last year. This represents an increase of 131 percent. Net interest margin for the quarter ended March 31, 2010 was 3.82 percent. This is up from 3.78 percent…

WednesdayApr 21, 2010 1:18 pm

Big Bear Mining Corp. (BGBR.OB) is “One to Watch”

Big Bear Mining Corp. is a U.S-based exploration and development company. The Company focuses on the acquisition and development of gold and other precious commodity projects that demonstrate high probability for near term production. Their business plan focuses on the long-term exploration and development of their mineral properties. Incorporated in the State of Nevada on April 14, 2005, the Company's headquarters are in Scottsdale, Arizona. The Company's mission is to build shareholder value by positioning Big Bear Mining as a leading multi-commodity exploration company. On March 16, 2010, Big Bear Mining Corp. launched a diversified energy and metals exploration program.…

WednesdayApr 21, 2010 12:57 pm

ImmuneRegen BioSciences (IRBS.OB) and MPI Research Agreement Aimed at Getting Homspera® to Phase 1 Human Clinical

IR BioSciences Holdings, Inc.’s wholly-owned subsidiary, ImmuneRegen BioSciences, Incorporated®, the development stage biotech firm squarely focused on the adult stem cell compound Homspera® (which boosts the immune system, accelerating the healing of wounds and remediating influenza, and can also be used as a vaccine adjuvant), has teamed up with preclinical contract research organization, MPI Research, in a strategic collaboration agreement aimed at procuring Phase 1 human clinical studies of the amazing new drug Homspera. CEO of ImmuneRegen, Michael Wilhelm, explained that this agreement with MPI enables immediate satisfaction of the FDA-required safety studies, and welcomed the rock-solid “independent validation” of…

WednesdayApr 21, 2010 12:53 pm

ThermoEnergy Corp. (TMEN.PK) and F. R. Mahony Co-Develop Breakthrough Wastewater Nitrogen Removal Process

ThermoEnergy Corp., a globally-focused developer of clean water and energy technologies, announced today the signing of a non-exclusive Memorandum of Understanding with F. R. Mahony & Associates (FRMA), a sustainability-minded wastewater and water treatment company now in its 47th year of operation. The goal of the Memorandum is to co-develop a nitrogen removal process for the remediation of industrial and municipal waste water. TMEN brings its powerful Ammonia Recovery Process (ARP), and the scientific and engineering peerage support of its partner AECOM, together with the biological AOx process developed by FRMA (for the removal and recovery of nitrogen as ammonia),…

WednesdayApr 21, 2010 12:48 pm

National Automation Services, Inc. (NASV.PK) Provides Intelligent Solutions to Industry

National Automation Services Inc. is a leader in industrial automation and systems integration. As a provider of systems integration in the industrial controls sector, the company's goal is to build a North American portfolio of automation and controls companies across the continent which specialize in the design and implementation of industrial control systems. The company is an elite system integrator, Allen-Bradley solutions provider, Siemens solution partner and UL (Underwriters Laboratories) certified panel facility. Aligning with nationally recognized regulatory bodies gives the company significant marketplace credibility and the highest standards for its products and services. National Automation Services is committed to…

WednesdayApr 21, 2010 12:46 pm

Points International Ltd. (PTSEF) Increases Revenue Guidance

Points International Ltd., known for its Points.com website, where consumers can trade, purchase, share, or redeem reward points from participating rewards programs, today announced that it is again raising its 2010 revenue guidance. The company now expects 2010 revenue to be in the US$85 to US$95 million range. Points also reiterated its EBITDA(1) margin guidance range of 3%-5% and net income profitability for the year. The company had earlier increased its 2010 revenue targets to the US$75 - US$85 million range. Points CEO, Rob MacLean, spoke of the change. “Material improvements in our forecasts have resulted in another increase to…

WednesdayApr 21, 2010 12:45 pm

IntelGenx Corp. (IGX) Inks Commercialization Agreement with RedHill Bipharma for Migraine Relief Treatment

IntelGenx Corp. has secured an agreement with RedHill Biopharma Ltd., a privately held pharmaceutical company, in which RedHill will co-develop and license IntelGenx’s first oral thin-film migraine relief product based upon the company’s proprietary VersaFilm technology. In the fourth quarter of 2009, IntelGenx released data suggesting VersaFilm as a product that is bioequivalent to a leading branded anti-migraine therapies. "We are excited to have concluded our first, of what we believe to be many future, thin-film partnerships," Dr. Horst G. Zerbe, president and CEO of IntelGenx stated in the press release. "This partnership will help accelerate the development of this…

WednesdayApr 21, 2010 11:11 am

China’s Major Cities Face Reality of Commercial Real Estate Bubble

Many investors are enamored with how China can keep a 7%+ growth rate going as the rest of the world only begins to dig out from recent economic events. There are many reasons this GDP growth rate has been able to be maintained although a large capital surplus of US dollars and a burgeoning middle-class that wants to be like America stand out as two of the more visible. Although for the moment the real looming question is if China can maintain this strong growth rate. Perhaps the first cracks beginning to show are in the Chinese central development plan,…

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