FridayFeb 19, 2010 12:07 pm

Strategic American Oil Corp. (SGCA.OB) Profits from Advanced Technology and Partnerships

Strategic American Oil Corp., an exploration and production company with operations in Texas, Louisiana, and Illinois, draws upon an internationally recognized team of geologists, engineers, and executives, with the objective of identifying and acquiring high potential oil and gas projects, and developing them to their full potential. To do this, SGCA has come up with and implemented a 3-tier growth program: • Develop salable drilling prospects, retaining a carried interest to casing point • Drill offset wells, retaining a majority of the working interest • Develop secondary recovery (waterflood) projects • Increase production by reworking existing producing or previously producing…

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FridayFeb 19, 2010 11:39 am

CitySide Tickets, Inc. (CIST.PK) Announces National Advertising Campaign

Today, CitySide Tickets, Inc. announced that it has launched a nationally televised advertising campaign to generate broad consumer awareness of its website. A nationwide event ticket purchasing venue that caters to a diverse selection of popular theater, music, and sporting events, the website offers admission to thousands of events across the country. In the next three weeks, more than 500 30-second commercials will air on national cable news channels, including CNBC, CNN, MSNBC, Bloomberg and FOX News, among others. This televised ad campaign will highlight the benefits of purchasing tickets through CitySidetickets.com as well as make consumers aware that they…

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FridayFeb 19, 2010 11:18 am

GreenHouse Holdings Inc. (CTMQ.OB) to Deploy One-Megawatt Energy Tree for City of Las Vegas through Partnership with TEECO International

One company on the rise is GreenHouse Holdings Inc. Located in San Diego, California, GreenHouse provides energy savings solutions that address the broad market range of homeowners, government agencies and Third World countries. The young company has quickly become a friend of the marketplace and the environment. Today, GreenHouse took a major step towards enhancing their future with the announcement that they have partnered with TEECO International to deploy a one-megawatt energy tree for the city of Las Vegas. The energy tree will utilize a 40-foot high tower which includes photovoltaic panels, wind turbines and, most importantly, a state-of-the-art generator…

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FridayFeb 19, 2010 11:13 am

Production of AlumiFuel Power Corp.’s (AFPW.OB) PBIS-1000 Cartridges Begins

Early production-stage hydrogen generation firm AlumiFuel Power Inc., a wholly-owned subsidiary of AlumiFuel Power Corp., announced today that production of their AlumiFuel cartridges has begun. The cartridges will provide the fuel for the company's Portable Balloon Inflation System 1000 (PBIS-1000). Three of these units were recently purchased by Kaymont Consolidated Industries – the world's largest distributor of weather balloons – on behalf of an unspecified military customer. The cartridges will be manufactured by ActionPak Inc., a world-class packaging and assembly company with a 30-year industry pedigree. The company's 32-ounce cartridges, filled with aluminum powder and proprietary additives, are inserted into…

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FridayFeb 19, 2010 9:41 am

Immunomedics, Inc. (IMMU) Awarded U.S. Patent for Antibody Therapy

Immunomedics, Inc., a New Jersey-based biopharmaceutical company primarily focused on the development of monoclonal, antibody-based products for the targeted treatment of cancer, autoimmune and other serious diseases, recently announced that the company was awarded U.S. Patent 7,662,378 for its antibody therapy. The patent covers the use of humanized, chimeric or human antibodies that bind to the carcinoembryonic antigen (CEA) in combination with at least one other therapeutic agent. The allowed claims also cover methods of treating CEA-expressing cancers, including certain types of thyroid cancer, colorectal cancers, gastric cancer, lung cancer and breast cancer. Cynthia L. Sullivan, president and chief executive…

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FridayFeb 19, 2010 9:40 am

Petroleum Development Corp. (PETD) Reports 2009 Summary of Activity

Petroleum Development Corporation released operational details on its oil and gas development activities for 2009. The company reported total production of 43.3 billion cubic feet equivalent (Bcfe) of natural gas in 2009, an increase of 12% from the 38.7 Bcfe in 2008. This strong production growth was powered by the drilling of 100 gross wells in 2009. In 2009, Petroleum Development Corporation focused mainly on its properties in the Wattenberg Field, where the company drilled 82 wells. The company also moved forward its development of the Marcellus Shale. During 2009, Petroleum Development Corporation drilled a total of 8 test wells…

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FridayFeb 19, 2010 9:38 am

Provision Holding Inc. (PVHO.OB) Teams with Ping Mobile to Offer 3D Media Centers to Benefit Consumers and Retailers

Provision Interactive Technologies Inc., subsidiary of Provision Holding Inc., provides interactive 3D holographic display technologies, software and integrated solutions. The company secured a partnership with Ping Mobile to put a twist on its mobile marketing displays. The deal will allow Provision’s 3D Media Center platform to serve as an integrated point-of-sale in malls, airports and other high-traffic public locations, a move that Position said it expects to fuel on-site sales. "Mobile marketing serves as both an acquisition and retention tool for retailers and brands," Curt Thornton, CEO of Provision stated in the press release. "By adding a mobile marketing capability…

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FridayFeb 19, 2010 9:37 am

Perry Ellis International Inc. (PERY) Reinforces FY 2010 Preliminary Earnings, Offers FY 2011 Guidance

Perry Ellis International Inc. designs, distributes and licenses men’s and women’s apparel, accessories and fragrances. The company today released an update for its fiscal 2010 earnings and guidance for fiscal 2011. The company said it anticipates results in line with, or exceeding the top end of its previous guidance of 80 cents to 95 cents per fully diluted share. Perry Ellis is expected to post its 2010 results mid-march, reflecting year-over-year increases over its preliminary fourth-quarter results. “Strong performance across our product lines most notably within Perry Ellis Collection allowed us to significantly reduce our markdown allowances. This reduction coupled…

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ThursdayFeb 18, 2010 3:46 pm

Document Security Systems, Inc. (DMC) Acquires Premier Packaging Co.

Yesterday, Document Security Systems, Inc. announced that it has acquired Premier Packaging Corporation, a privately held provider of high quality packaging solutions. Premier’s business model complements DSS in its role as a leader in the development, design and manufacturing of secure identification and authentication technologies for documents. Since 1989, Premier has provided their customers with a complete range of products and services that include package design, prototyping, manufacturing, and inventory management programs. Premier has expanded their product offerings from upscale photo packaging to include everything from basic mailers and sleeves to folding cartons and complex 3-dimensional solutions. Robert Fagenson, DSS…

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ThursdayFeb 18, 2010 2:44 pm

Silvercorp Metals Inc. (SVM) Declares Dividend While Finding High Grade Product

In today's economic conditions there are many considerations to think about if an investment in base metals is a good choice. The Chinese option is one area where this consideration is possibly profitable. Money flows are a bit uncertain at the moment but may offer the opportunity for triple investment earnings if pundits’ views play out. There are many ways to invest in base metals, but if one chooses correctly there is solid profit to be made. Silvercorp Metals Inc., a primary silver and lead mining company working within China and based in Canada, works to operate a very successful…

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