Blog - Page 3809 of 5436

MondayOct 05, 2009 1:22 pm

MATECH Corp. (MTCH.OB) is “One to Watch”

Trading on the OTC Bulletin Board, MATECH Corp. is an engineering, research, and development company. They specialize in technologies to measure microscopic fractures in metal structures. MATECH is currently marketing their patented Electrochemical Fatigue Sensor (EFS) and other advanced crack-detection technologies to bridge asset managers, railroad companies, and governmental agencies across the United States and worldwide. Founded in 1983, MATECH Corp. has their corporate headquarters in Los Angeles, California. MATECH's EFS technology is used for detecting cracks in bridges and other structures. The technology has proven its efficacy on over 35 bridges in ten different states. The EFS technology is…

MondayOct 05, 2009 1:18 pm

COPsync, Inc. (COYN.OB) Enters Contract with Texas County Sherriff’s Office

Software technology provider COPsync, Inc. reported today that it has entered into a contract with the La Salle County, Texas Sheriff's office for the implementation and use of its real-time data collection and information sharing software in patrol vehicles. Recently, La Salle County received a grant to implement COPsync technology under the Community Oriented Policing Services (COPS) program, awarding grants to law enforcement agencies for hiring and training community policing professionals. The COPS program also allows for the acquisition and deployment of cutting-edge crime-fighting technologies, as well as the development and testing of innovative policing strategies. Since 1994, the COPS…

MondayOct 05, 2009 1:12 pm

Inovio Biomedical (INO) Delivers “Promising” Results in Animal Study for Novel H1N1 Influenza Vaccine Candidate

Inovio Biomedical is engaged in the design, development and delivery of DNA vaccines for the prevention and treatment of cancers and infectious diseases. The company today announced that a combination of its synthetic consensus (SynCon) H1N1 influenza vaccine candidates achieved protective antibody responses against A/H1N1 (2009) in 100% of the ferrets in its animal study. While the company has delivered “promising” results in similar studies with mice and pigs, according to the company, the ferret model is the most similar representation of human influenza. Today’s positive news marks a significant achievement for the company and its vaccine development. Dr. J.…

MondayOct 05, 2009 1:00 pm

Mobile Star Corp. (MBST.OB) to Launch on OTC Bulletin Board

In an event that has garnered national attention, Mobile Star Corporation, developer of coin-operated karaoke vending machines, announced that it will be the first company from Israel to launch on the OTC Bulletin Board in over one year. Recently, Mobile Star was covered in a report by the reputable Israel financial publication Calcalist. According to the report, Mobile Star is a unique and up-and-coming corporation, and will be the first company with Israeli management to be taken public on the OTC Bulletin Board since the start of economic crisis on Wall Street began last year. Leading the way at Mobile…

MondayOct 05, 2009 12:55 pm

EGPI Firecreek, Inc. (EFIR.OB) Signs Letter of Intent to Acquire Signalization and Lighting Company

EGPI Firecreek Inc. today announced the signing of a letter of intent to acquire a privately-owned signalization, intelligent traffic systems and lighting company based in Florida that services the southeast United States. This Florida-based company is engaged in all facets of the Department of Transportation (DOT) construction industry. Over the last nine years, they have created and managed an experienced group of personnel that specialize in signalization, lighting, signing and intelligent traffic systems. The company also has experience working with private and public entities including many large retailers such as Wal-Mart, Lowes and Home Depot, along with several private developers,…

MondayOct 05, 2009 12:49 pm

Silver Dragon Resources, Inc. (SDRG.OB) Signs Definitive Agreement to Sell Erbahuo Mine in China

Silver Dragon Resources Inc. is a metals and mining company focused on acquiring silver mining assets around the globe that have promising exploration targets, highly-leveraged out-of-the-money silver deposits, and/or are producing properties with significant untapped exploration potential. Currently the company has silver mines in both Mexico and China. The company announced today that it has entered into a definitive agreement to sell its Erbahuo polymetallic project in China along with its Chinese subsidiary, Chifeng Silver Dragon Resources & Technologies Ltd., to a private Chinese investor for about $882,000. In addition, the company will receive funds from the value of the…

MondayOct 05, 2009 12:45 pm

Depomed, Inc. (DEPO) Stock Jumps After Successful Phase 3 Trial of New Drug

Depomed, Inc. stock moved up $1.25 to $5.66 in robust trading today on word of top-line results for Phase 3 clinical trials of its new drug. DM-1796 (gabapentin ER) is a newly formulated, once-daily pain relief drug for postherpetic neuralgia (PHN), a persistent condition caused by nerve damage from having shingles. The drug passed FDA’s baseline observation carried forward (BOCF) methodology, and spiked the pain reduction curve on the Lickert pain scale in a ten-week observation period. Solvay Pharmaceuticals, Inc. has been granted a license for DM-1796 in North American markets. In a statement, president and CEO of Depomed, Carl…

MondayOct 05, 2009 10:13 am

Axial Vector Energy Corp. (AXVC.PK) Chairman to Deliver Keynote Speech at the International Green Money Conference

Axial Vector Energy Corporation today announced that the company has been invited to present one of the keynote speeches at the International Green Money Conference on November 12-15, 2009 in Moura, Portugal. Mr. Samuel Higgins, AVEC Chairman, will be delivering a formal address to the worldwide delegations. According to the press release, this event is going to be the first summit that gathers the largest companies in the world that produce green products, recycling services, and sustainable processes. Environmental Networking Group and International Green Summit Inc., who have been fundamental in putting together green projects along with funding around the…

MondayOct 05, 2009 9:12 am

BancFirst Corporation (BANF) Buys Local Bank in Oklahoma

BancFirst Corporation signed an agreement to purchase First Jones Bancorporation and its banking subsidiary, First State Bank, Jones of Oklahoma. Expecting the deal to close on the last day of 2009, BancFirst Corporation did not disclose the purchase price. First Jones Bancorporation has $40 million in assets and loans of $11 million, and operates one branch in Jones, Oklahoma. The sale of First Jones Bancorporation was not a distressed sale, as the bank has a Tier 1 risk-based capital ratio of 25% and net interest income of $1.283 million in 2008. The purchase appears to be an attempt to gain…

MondayOct 05, 2009 9:09 am

Premier Alliance Group, Inc. (PIMO.OB) Purchases PeopleSource, Inc. Assets

Friday, business and technology consulting firm, Premier Alliance Group, Inc., announced that it recently purchased assets of PeopleSource, Inc., a privately held technology staffing and consulting company. The deal follows an Asset Purchase Agreement dated September 18, 2009. Premier Alliance Group will acquire substantially all of PeopleSource’s assets for $500,000, comprising shares of Premier's restricted common stock and cash payouts. The transaction closed on October 1, 2009. PeopleSource, Inc. is a longstanding reputable service provider with strengths in technology services. The company’s assets include customer contracts and industry relationships. Last year, PeopleSource, Inc. reported approximately three million dollars in annual…

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