Blog - Page 3832 of 5664

MondayApr 26, 2010 1:39 pm

Paxton Energy, Inc. (PXTE) Buys Oil and Gas Assets in Texas

Paxton Energy, Inc. announced the purchase of oil and gas properties in Texas from DEEJ Consulting LLC for $700,000 in cash and stock. Purchased is in Concho and Menard County, the acreage is said to add $50,000 in cash flow to the company on an annual basis. Charles Volk, the CEO of Paxton Energy, Inc., said, “The immediate and near-term prospects for these wells will allow Paxton to fund its operations in 2010. This acquisition will also position Paxton as an established, viable, independent developer of oil & gas properties.” Paxton Energy, Inc. paid $600,000 in cash and $100,000 in…

MondayApr 26, 2010 1:03 pm

Pernix Therapeutics Holdings Inc. (PTX) Purchases CEDAX for $6.1 Million

Many investors in the pharmaceuticals marketplace look for companies that are about to release a new drug product. What they sometimes miss, however, is the earnings potential of drugs that have long since been forgotten about. Many companies have not missed this point, however, and are quietly going about marketing them as valuable inexpensive alternatives. Consolidating companies do not get mentioned all that often but their margins can lead to nice profits. Pernix Therapeutics Holdings Inc. is an acquirer, marketer and distributor of branded pharmaceuticals. The company currently has an extensive product catalogue oriented toward allergies and the affects of…

MondayApr 26, 2010 12:55 pm

Consorteum Holdings, Inc. (CSRH.OB) Offers Expert Solutions For All Types of Cards

Consorteum Holdings Inc. is a global solutions provider for the financial services, payment and transaction processing marketplace. The company uses its expertise to provide a customizable “right” solution for each and every specific need. One such area where Consorteum provides solutions is in the card market – including payroll, gift and loyalty cards. Here is a brief overview of each type of card the company provides to its clients: Payroll Cards – Payroll cards provide employees with immediate access to their payroll funds no matter where they may be located. Each pay period, the employee's funds are automatically deposited into…

MondayApr 26, 2010 10:34 am

MedCAREERS GROUP, Inc. (MCGI.OB) Retains 5W Public Relations

MedCAREERS GROUP, Inc., a provider comprehensive solutions and information focused exclusively for healthcare-related professions, recently announced that the company has one of the largest independently owned public relations firms to manage both its financial and business public relations issues. Founded in 2003 and headquartered in New York, 5W Public Relations is an aggressive full-service communications firm with core competencies in all aspects of public relations. The company provides an array of services, including media relations, corporate communications, technology marketing and special events. Bryan Crutchfield, MedCAREERS Group’s chief executive officer, stated, “5WPR offers the aggressive media campaign that we are looking…

MondayApr 26, 2010 10:32 am

NetSol Technologies, Inc. (NTWK) Set To Release smartOCITM

NetSol Technologies Inc., a worldwide enterprise software solutions and services provider, is set to formally launch its newest web-based offering at the SAP SAPPHIRE Conference on May 17 in Orlando, Florida. Called smartOCI™, it’s designed to make the complex job of procurement a lot easier. smartOCI targets the approximately 1,000 SAP SRM (Supplier Relationship Management) platform customers around the world, and streamlines the purchasing process by providing users a simple and intuitive interface for searching multiple supplier catalogs simultaneously. The system, sold on a subscription basis, is completely web-based, with no software to download or hardware to install, and operates…

MondayApr 26, 2010 10:26 am

Intellect Neurosciences (ILNS.OB) Completes Financial Restructuring, Highlights Expectations for Alzheimer’s Drug

Intellect Neurosciences Inc. engages in the discovery and development of disease-modifying therapeutic agents for Alzheimer’s disease (AD). The company recently restructured its balance sheet and today announced that through the issuance of common stock, it was successful in extinguishing about $24 million of accrued interest of debt and preferred stock. In addition, the company said that several of its “significant” shareholders pooled together to provide enough funds fuel the company’s operations for the next 12 months. Company chairman and CEO Daniel Chain, PhD, said the funding enables the company to pursue new opportunities for its drug development. "Our stakeholders recognize…

MondayApr 26, 2010 10:10 am

Force Fuels, Inc. (FOFU.OB) Announces the Purchase of Producing Oil Leases

Force Fuels Inc. is an energy company focused on the purchase of oil leases with the potential for additional drilling in proven producing areas. Along those lines, the company announced today that it has signed a contract with PEMCO LLC of Oklahoma for the purchase of 13 oil and gas mineral leases in Kansas. The leases are in Chautauqua and Montgomery County on the southern end of Kansas. This area is a well-known oil and gas producing area where several prolific reservoirs are present. Comprising over 2,600 acres, the leases have 54 existing oil and gas wells with all the…

MondayApr 26, 2010 10:08 am

NanoViricides, Inc. (NNVC.OB) Announces Registration for Trademark

One company that is capturing the attention of investors on Wall Street is NanoViricides. Located in West Haven, Connecticut, NanoViricides is a development stage company that has quickly evolved into a leader in the fight against such viral diseases as H1N1, Swine flu, HIV and Herpes. Today, NanoViricides announced trademark registration for their mark “nanoviricides.” The mark “nanoviricides” consists of standard characters without claim to any particular font, style, size, or color. The mark is now a registered trademark under the US Patents and Trademarks Office (USPTO) and was entered into the “principal register” of trademarks on April 20, 2010.…

MondayApr 26, 2010 8:44 am

Magyar Bancorp (MGYR) Reports Financial Results for Q1 2010

Magyar Bancorp reported net income of $279,000, or $0.05 per diluted share, in the first quarter of 2010, ending March 31. Magyar Bancorp earned $409,000, or $0.07 per diluted share, in the first quarter of 2009. The company blamed an increase in non-interest expenses for the year-over-year decline in net income. Magyar Bancorp saw an improvement in asset quality in the quarter relative to last year, and expressed optimism that the trend would continue in 2010 as the economy improves. John Fitzgerald, the CEO of Magyar Bancorp, said, “Our second quarter results show continued improvement in the Company's operations, including…

MondayApr 26, 2010 8:37 am

Rahaxi, Inc. (RHXI.OB) Video Chart for Monday, April 26, 2010

RHXI has made a quiet move the last couple trading days. We are looking for a possible continuation, but it needs to “kick it up a notch” these next couple days. Watch the video to see what needs to happen. Please click the following link: http://www.qualitystocks.net/videocharts.php?chartvid_id=384 Let us hear your thoughts below:

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