Blog - Page 3820 of 5671

ThursdayMay 13, 2010 8:03 am

ANTs Software, Inc. (ANTS.OB) Completes First $500,000 Tranche of $10 Million Investment Agreement with Fletcher Asset Management

ANTs Software, Inc., a leader in database migration solutions that offers a complete portfolio of services, recently announced that the company has closed the first $500,000 tranche of the previously announced $10 million investment agreement with Fletcher International, Ltd, an affiliate of Fletcher Asset Management, Inc. This funding, along with the $1.5 million invested in March earlier this year, will primarily be used to fund ANTs’ development of database migration solutions and to effectively launch the company’s services to the marketplace. The remaining two future investments are subject to achievement of predetermined business milestones. Joseph Kozak, chairman and chief executive…

ThursdayMay 13, 2010 8:02 am

Liberator Medical Holdings (LBHM.OB) Posts Impressive Q2 Sales Increase

Liberator Medical Holdings Inc., parent company to medical supplies provider Liberator Medical Supply Inc., yesterday posted its second-quarter results for the three-month period ended March 31, 2010. The company reported net revenues of $9.65 million for its second fiscal quarter ended March 31, 2010, up 65.6 percent from $5.82 million for the same quarter of fiscal 2009. The company attributes the increase to its direct response advertising campaign. Net income for the three months ended March 31, 2010, increased 169% to $256,000 compared to net income of $95,000 for the three months ended March 31, 2009. Gross profit for the…

ThursdayMay 13, 2010 7:29 am

Consorteum Holdings Inc. (CSRH.OB) Signs Agreement to Raise $1.5 Million for MyGolf Rewards Canada

Consorteum Holdings, Inc. was pleased to announce this morning that it has reached an agreement with Rosebank Capital to raise $1,500,000 for the MyGolf Rewards initiative. According to the press release, these funds will be used for operational expenses and growth of the MyGolf Rewards Canada program, a majority owned subsidiary of Consorteum Holdings Inc. Initially rolling out in North America, the program will later expand into International markets. The funds will be primarily directed at relationship building with Golf Associations Internationally, sales focused initiatives, marketing, and strengthening of the MyGolf Rewards team. The MyGolf program is anticipated to generate…

WednesdayMay 12, 2010 3:19 pm

Alternate Energy Holdings (AEHI.OB) Up 275% After QualityStocks Newsletter Mention

Alternate Energy Holdings closed today's trading at $0.60. The share price is up $0.39 a share or 185.71% for the day. The strong upward movement in price, which reached $1.45 shortly after noon, has been accompanied by a strong upsurge in the number of shares traded. Today's volume totaled about 2.9 million shares, which is well above the average daily volume of 154,600. Alternate Energy Holdings was initially covered in the QualityStocks Free Daily Newsletter back on April 7, 2010. At that time, the stock was trading at only $0.16 a share. That means, in just over 5 weeks, shareholders…

WednesdayMay 12, 2010 12:22 pm

Cellceutix Corp. (CTIX.OB) Continues Development of Autism Compound, Encouraged by Large Pharmaceutical Companies Announcing Interest in Similar Compounds

Cellceutix Corp., a developer of small compounds for the treatment of cancer, autism and inflammatory diseases, issued a press release today commenting on the status of the industry in pursuing compounds addressing the core issues for developmental diseases. Cellceutix is encouraged by the recent results of a clinical study conducted by Novartis AG (NYSE: NVS). The New York Times published an article on April 29th to showcase the results from a small, overseas study for the treatment of fragile X syndrome by the Switzerland-based pharmaceutical giant. Fragile X, a genetic disorder characterized by changes in part of the X chromosome,…

WednesdayMay 12, 2010 12:14 pm

AlumiFuel Power Corp. (AFPW.OB) Subsidiary Wins Navy R&D Contract

AlumiFuel Power Inc., wholly-owned operating subsidiary of AlumiFuel Power, Corp. (“API”), www.AlumiFuelPowerInc.com, while in early production stage, is an alternative energy company with an incredibly portable niche-application hydrogen production technology based on a chemical reaction between water and aluminum, and revolutionized by the Company’s proprietary additives. API proudly announced the award of a U.S. Navy R&D contract today working in conjunction with the Rockford, Illinois-based Ingenium Technologies, Inc., the team selected for Phase 1 award by the Navy’s Small Business Technology Transfer (STTR) program. An STTR solicitation from the U.S. Department of the Navy, for a new air-independent fuel cell…

WednesdayMay 12, 2010 12:04 pm

Revolutions Medical Corp. (RMCP.OB) Expanding into Brazil via Strategic Partnership

Revolutions Medical Corp., www.RevolutionsMedical.com, provider of a variety of safety/efficiency-oriented products and services to the medical industry, such as the proprietary and FDA-approved RevVac safety syringe (a safety blood drawing device), as well as a safety IV catheter and imaging solutions for MRIs and PACS, announced the signing of an agreement of understanding today with Santa Monica Pharmaceutica Ltda for the expressed purpose of setting up a manufacturing facility in Brazil to mass produce the RevVac safety syringe for global consumption. The facility will also act as a strong foothold in the South American market for RMCP, by functioning as…

WednesdayMay 12, 2010 12:01 pm

Elephant Talk (ETAK.OB) Signs Agreement with T-Mobile

Elephant Talk Communications, Inc. announced today a Mobile Virtual Network Operating (MVNO) agreement with T-Mobile Netherlands BV. T-Mobile Netherlands BV is part of Deutsche Telekom AG, one of the world's leading companies in communications. The Hosting Agreement is to service a new MVNO initiative of T-Mobile Netherlands on the Elephant Talk Mobile Virtual Network Enabling (MVNE) platform. Through the agreement, T-Mobile will be providing new mobile services to Dutch consumers. Elephant Talk’s MVNE platform is a key component for T-Mobile to introduce these new services. With the agreement in place, T-Mobile will utilize the Elephant Talk technologies to increase functionalities…

WednesdayMay 12, 2010 11:58 am

Response Genetics, Inc. (RGDX) Signs Agreement with GlaxoSmithKline

Response Genetics Inc. is a company focused on the development and sale of molecular diagnostic tests for cancer which are based on its proprietary and patented technologies. The company's technologies enable extraction and analysis of genetic information from genes derived from tumor samples stored as formalin-fixed and paraffin-embedded specimens. The company announced recently that it has signed a non-exclusive agreement with global drug giant GlaxoSmithKline. Under the terms of the agreement, Glaxo gains certain rights to Response Genetics' proprietary PCR (polymerase chain reaction) analysis technology and diagnostic expertise to assess BRAF gene mutations in human tumor samples. Specific genetic mutations…

WednesdayMay 12, 2010 10:22 am

Micro Identification Technologies, Inc. (MMTC.OB) Video Chart for Wednesday, May 12, 2010

MMTC has made a strong move over the last 2 weeks and is once again pushed above resistance. Now we are looking for this level to hold and establish a solid uptrend for the long term. Please click the following link: http://www.qualitystocks.net/videocharts.php?chartvid_id=395 Let us hear your thoughts below:

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