Blog - Page 3820 of 5507

ThursdayDec 03, 2009 4:51 pm

FormCap Corp.’s (FRMC.PK) Acquisition of Permian Basin Leases

FormCap Corp. is a domestic oil and gas exploration and development company. The company announced in October the acquisition of 4,800 acres of oil and gas leases, all with primary terms of five years, initiated in June 2009, for a cost of $250,000. The leases, together called the Weber City Prospect, are located in Curry Country, New Mexico. Geologically, the Weber City Prospect is on the northern flank of the prolific Permian Basin, which is well known for its oil production, having four well-established hydrocarbon formations. The initial well will be drilled to a total of 6,500 feet to test…

ThursdayDec 03, 2009 11:14 am

Omnicity Corp. (OMCY.OB) Acquisitions Define Clear Goal

Omnicity Corp., a major provider of broadband access to small and rural markets in the Midwest, has a focused goal and a clear strategy to get there. The company intends to become a nationwide provider of broadband services in rural markets by being a premier consolidator and by also encouraging strong organic growth. The strategy is simply to provide customers a total broadband solution while continuing rapid growth through acquisitions, organic growth, and strategic partnerships with Rural Electric Municipal Cooperatives, Rural Telephone Companies, and local municipalities. The company’s exceptional value proposition is its ability to provide high speed Internet access…

ThursdayDec 03, 2009 11:10 am

Aquentium, Inc. (AQNM.OB) Leaves its Mark on the Environment and Wall Street

One company that has started to turn the heads of investors is Aquentium, Inc. Located in California, Aquentium is a diversified company that places an emphasis on green technologies. Aquentium has a broad array of business interests which include: non-chemical sanitation equipment, alternative energy, re-deployable emergency housing, recycling and waste treatment. Today, it was announced that Aquentium has begun to offer distributorship opportunities in the State of Illinois for its complete line of ozone sanitation and water treatment equipment. One of the more unique aspects of the Aquentium Ozone equipment is that it is over 3,000 times faster acting than…

ThursdayDec 03, 2009 10:44 am

Helix Wind Corp. (HLXW.OB) to Furnish Argentina with Some 100 Wind Turbines via Its Distributor, EDAL Re

Helix Wind Corp. announced today a $9.5 million project, utilizing 90-100 wind turbines, for rural electrification and off-grid generation in Jujuy Province, Argentina. HLXW is a global supplier of small wind vertical axis turbines designed to generate from 300W to 50kW of renewable energy, which the Company designs, manufactures and successfully sells on its own by virtue of its extensive wind-industry experience. HLXW, in conjunction with its distributor EDAL Re, Inc., of Buenos Aires, will install 15kW power islands starting February 2010 to fulfill the requirements of this project, which is being funded by the World Bank. EDAL Re is…

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…

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