Blog - Page 3836 of 5513

FridayNov 20, 2009 2:23 pm

Biotel Inc. (BTEL) Reports Profitable Quarter

Biotel Inc. (BTEL) reported net income of $128,000, or $0.04 per diluted share, for the third quarter of 2009. This was down from the $328,000, or $0.11 per diluted share, reported a year earlier. Revenues in the quarter were reported at $3.2 million, up 3% from the $3.1 million reported in the third quarter of 2008. Steve Springrose, the CEO of Biotel Inc., said, “Biotel enjoyed strong sales and earnings through the first quarter and believes its upcoming new wireless event and MCT products have favorable attributes for the arrhythmia service market.” In April 2009, Biotel Inc. announced a merger…

FridayNov 20, 2009 2:22 pm

China Forestry, Inc. (CHFY.OB) Signs Letter of Intent to Acquire Gaoxin Agriculture

Timber investment group China Forestry Inc. announced today that the company has signed a letter of intent to acquire the landscape engineering and construction firm Shaan'Xi Province Gaoxin Agriculture and Animal Husbandry Development Holding Co., Ltd. The company, located in Xi'An City, Shaan'Xi Province, generated over RMB 81 million in revenue in 2008. China Forestry feels that acquiring Goaxin will bring a weighty advantage in pursuing its mission to capitalize on the Chinese Government's decision to promote sustainable forest management through land tenure. Goaxin provides landscape design, engineering, construction and maintenance services to a target market of universities, parks, municipal…

FridayNov 20, 2009 2:21 pm

International Stem Cell Corporation (ISCO.OB) to Collaborate with Scripps Research Institute in Stem Cell Research

Today, International Stem Cell Corporation announced that it will collaborate with renowned stem cell researcher Jeanne F. Loring, Ph.D. and the Scripps Research Institute (located in La Jolla, CA) to study parthenogenetic stem cells and their potentially derived therapeutic cells. The study expands the company’s mission to generate data necessary to understand these cells and move them closer to the clinic. ISCO has perfected a process using unfertilized human eggs to creating human stem cells. These “parthenogenetic” stem cells allow immune-matching to large segments of the population. ISCO’s process allows the company to avoid the ethical debate regarding the use…

FridayNov 20, 2009 1:44 pm

Muscle Flex, Inc. (MFLI.PK) Invites Public to Tune into MuscleFlexInc.com for the American Music Awards Online Pre-Show

Muscle Flex Inc. today invited the public to tune into www.MuscleFlexInc.com for the American Music Awards Online Pre-Show Sunday, November 22, 2009 from 3:00 - 5:00 PM broadcast live from the Red Carpet at the Nokia Theatre with Muscle Flex CEO Danny Alex as the Official Fitness and Lifestyle Expert Commentator. Danny Alex will participate live on the American Music Awards online pre-show with Muscle Flex brands being referenced during his segments which will focus on fitness and lifestyle. The AMAs will broadcast live from the Nokia Theatre LA LIVE on Sunday, November 22 (8-11 p.m. EASTERN and PACIFIC) on…

FridayNov 20, 2009 12:00 pm

Small Cap Voice Featured Company: Rival Technologies Inc. (RVTI.OB)

Rival Technologies Inc. is an innovative energy related technology company focused on investing in emerging technologies that display extraordinary market potential. The company has filed several provisional patents and patent applications and is focused on licensing its technology for industry use. Rival Technologies. Inc. is the parent company of TRU Oiltech Inc. which researches alternative systems and heavy oil upgrading technology to enhance the process of moving oil sands bitumen to processing plants. The subsidiary is expected to provide substantial per barrel cost savings over existing methods. The company is currently transitioning the TRU process technology from the lab to…

FridayNov 20, 2009 11:54 am

Small Cap Voice Featured Company: Xcellink International Inc. (XCEL.OB)

Xcellink International Inc. is focused on developing advanced platform-independent customer-centric payment systems and methodologies. The company’s patented system has the ability to replace all credit, debit, charge and smart cards, providing all functions of order, warehousing, delivery and payment for all types of goods and services. Xcellink has the potential to become a major player in the next generation of customer payment systems. The company’s unique process enables customers, rather than the merchant, to initiate, control and pay for all transactions, without the need for credit cards, in real-time anywhere, anytime, and at a fraction of the cost of current…

FridayNov 20, 2009 11:24 am

OPTIMIZERx Corp. (OPRX.OB) Retains Services of Beringea LLC for Growth Advice

OPTIMIZERx Corp. announced that it has engaged Beringea LLC, an investment banking and private equity firm. Beringea will assist in financial planning and strategically positioning the company for continued growth. "Beringea specializes in advising clients who are seeking to execute strategic transactions or find private financing," stated David Lester, CEO, OPRIMIZERx. "As we continue to position OPTIMIZERx's growth within the healthcare marketplace we look to Beringea to be a strategic advisory partner for both growth and financial stability." "Beringea's transaction advisory team has a deep expertise in the healthcare sector and is excited to share OPTIMIZERx's value proposition with the…

FridayNov 20, 2009 10:51 am

Mass Megawatt Wind Power, Inc. (MMGW.OB) Licensee Announces $5.8 Million Contract

Mass Megawatts Wind Power Inc. develops, builds and operates state-of-the-art wind energy power plants. The company has patented technology – Multi-Axis Turbosystem – which is capable of generating electricity at 40% less cost than traditional wind power technologies and is directly competitive with fossil fuel (coal, natural gas) power plants. The company announced today that a Pennsylvania-based licensee, Electric City Wind Power, had executed a $5.8 million agreement with a group of wind power investors from the Scranton, Pennsylvania area. Under the terms of the agreement, the investors will purchase a total of 3 megawatts of Mass Megawatt's Multi-Axis Turbosystem…

FridayNov 20, 2009 10:48 am

Echo Therapeutics, Inc. (ECTE.OB) Announces Positive Results of a Clinical Study for Patients with Type 1 and Type 2 Diabetes

Echo Therapeutics, Inc., a company developing the Symphony tCGM System as a non-invasive, wireless, transdermal continuous glucose monitoring system for patients with diabetes and for use in acute and critical care, recently announced positive results of a clinical study of its Symphony tCGM System in patients with Type 1 and Type 2 diabetes. The purpose of the study was to test the performance of the company’s new, improved one-piece, cost-effective and easy-to-use biosensor. Echo Therapeutics’ non-invasive Symphony tCGM System consists of its wireless transmission and transdermal biosensor technologies and is designed to provide diabetic patients with an affordable and easy-to-use,…

FridayNov 20, 2009 10:47 am

American Lorain Corporation (ALN) Issues New Guidance for 2010 and Reaffirms Guidance for 2009

American Lorain is a major processed food company that sells chestnuts, convenience foods, and canned, frozen and bulk food products both to domestic and international customers through their four subsidiaries. American Lorain has garnered global recognition by selling over 234 products to 26 provinces and administrative regions in not only China but 42 foreign countries. While business at American Lorain has been solid despite trying economic conditions faced throughout the globe, the future looks ever brighter for the young company with yesterday’s announcement. Yesterday, it was reported that the company’s management reaffirmed guidance for the current fiscal year and went…

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