Blog - Page 3866 of 5521

FridayOct 30, 2009 1:39 pm

1st Mariner Bancorp (FMAR) Reports Loss and Write Down Of Assets

1st Mariner Bancorp reported a net loss of $12.956 million, or $2.01 per share, in the third quarter of 2009. The bank attributed most of the loss to problems with Mariner Finance, a consumer finance subsidiary that is slated for sale. The net loss included an impairment charge of $10.584 million to recognize a write down in value of the bank’s investment in Mariner Finance. 1st Mariner Bancorp has reached an agreement to sell Mariner Finance, bringing the carrying value of Mariner Finance to approximate the amount that it is being sold for. The sale is expected to close in…

FridayOct 30, 2009 1:37 pm

Americas Energy Company and Trend Technology Corp. (TRET.OB) Announce the Sale of Initial Production from Oil Well

Americas Energy Company, a consolidator of high-quality energy properties with projects in both Kentucky and Tennessee, recently announced that the company, along with Trend Technology Corporation, sold the initial production from its first oil well. This oil well is on a timed pumping program in order to extend its production life and is currently producing 15 barrels to 20 barrels of oil per day. Chris Headrick, president and co-chief executive officer of Americas Energy Company, stated, “The sale of the production from our first oil well to Somerset Energy Refining in Somerset, Kentucky has set the stage for our oil…

FridayOct 30, 2009 1:35 pm

Neptune Technologies & Bioressources Inc. (NEPT) Awarded Method of Use Patent for Heart Disease

Neptune Technologies & Bioressources Inc. announced that the patent, "KRILL EXTRACTS FOR PREVENTION AND/OR TREATMENT OF CARDIOVASCULAR DISEASES," was successfully issued in Europe, marking an integral achievement in eliminating competition of other entities focused on krill extract in the European cardiovascular market. The issuance of the patent is expected to thwart unregulated marketing of krill oil and relative products. "Recently, we observed players cheating on the market and misleading consumers by selling krill oil in Europe without any regulatory approval. We also noticed that they advertise unproven health benefits with their products as well as infringe on our patents. This…

FridayOct 30, 2009 1:34 pm

Consorteum Holdings, Inc. (CSRH.OB) – The Right Payment Solutions Partner

Consorteum Holdings Inc. provides financial services, payment and transaction processing services to firms in both the public and private sector. The company's business strategy is to build on their expertise within the payments and transaction industry in North America, Europe and elsewhere. The company first identifies new business opportunities and technology trends for their clients and then they develop customized solutions for their clients to meet the challenges of the fast-changing global marketplace. Consorteum is especially focused on helping their clients in several areas including: to deliver unique products and services more effectively and efficiently, improve operational performance and therefore…

FridayOct 30, 2009 10:14 am

Carbonics Capital Corp. (CICS.OB) Signs Agreement to Lease Montana Oilseed Plant

Today, Carbonics Capital Corp. announced that Great Plains Oil & Exploration, LLC will lease the company’s oilseed crush plant in Culbertson, Montana. Great Plains will use the facility in further development of their oilseed production program. The announcement follows the execution of an agreement between the companies. Culbertson consists of oilseed handling, storage and processing infrastructure, including mechanical crush and vegetable oil refining equipment. It has over two million gallons of crude vegetable oil storage, over one million bushels of oilseed storage, and over four thousand tons of meal storage. Additional infrastructure includes a rail siding, truck and rail scales,…

FridayOct 30, 2009 10:12 am

Magnum D’Or Resources Inc. (MDOR.OB) to have Colorado Politicians Visit Their US Recycling Facility

One company that has been getting attention from the investment community is Magnum D’Or Resources. The young Florida Company with a Canadian presence has positioned itself to become a global leader in rubber and scrap tire recycling and its Next Generation technology could potentially revolutionize the industry worldwide. Today, all of their hard work was recognized with a major announcement. In a press release, Magnum, whom recently has been breaking new ground at their Colorado site, announced they would have Colorado State and local representatives visit their facility on November 2nd of this year. The new site, which has been…

FridayOct 30, 2009 10:09 am

China Medicine Corp. (CHME.OB) to Acquire Pharmaceutical Manufacturer in Guangzhou

China Medicine Corp. is a developer and leading distributor of prescription and over-the-counter drugs, traditional Chinese medicine products, nutritional and dietary supplements, and medical devices and formulations in China. The company announced today that through its wholly-owned subsidiary in China, Konzern Pharmaceuticals, it has signed an equity transfer agreement to acquire 100% of equity interests in Sinoform Limited, a British Virgin Islands corporation which is the sole shareholder of Guangzhou LifeTech Pharmaceuticals. LifeTech Pharmaceuticals is a developer, manufacturer and marketer of pharmaceutical products and traditional Chinese medicines in China. The acquisition is expected to close before the end of the…

FridayOct 30, 2009 9:28 am

Acxiom Corp. (ACXM) Partners with Kynetx to Offer an Unprecedented E-commerce Interoperability Solution

Acxiom® Corporation announced a bold new initiative to tie together multiple websites through a partnership with Kynetx Inc., which will result in leveraging the proprietary Kynetx platform to allow consumers to personalize their shopping and browsing experience. Kynetx is a pioneer and industry leader in creating context-sensitive user experiences across multiple sites and platforms. By downloading applications which can quickly be personalized to streamline e-commerce for the individual consumer, users will gain unprecedented control and can take advantage of personal discounts and promotions uniquely suited to them. This self-selected profile will stretch simultaneously across multiple sites and environments, bringing a…

FridayOct 30, 2009 8:43 am

Newport Digital Technologies, Inc. (NPDT.OB) Announces QualityStocks Coverage

Newport Digital Technologies, Inc. announced they will be featured in upcoming Daily Newsletters, Daily Blogs, and Message Boards. QualityStocks has over 750,000 subscribers to The Daily Stock Newsletter, which is a free service that collects data from hundreds of Small-Cap and Micro-Cap online Investment Newsletters and puts it all into one Free Daily Newsletter Report. Newport Digital Technologies, Inc. is focused on offering a rich portfolio of competencies in RFID (Radio-Frequency Identification), WiMAX, LED Signage, and Security & Surveillance. Utilizing its technological expertise and creativity, the company enables its customers to take full advantage of the nearly limitless possibilities offered…

FridayOct 30, 2009 8:13 am

Dreams, Inc. (DRJ) Signs New Web Syndication Deal with the Minneapolis Star-Tribune

Dreams, Inc., a leader in licensed sports products, has reported a web syndication deal with the Minneapolis Star-Tribune, one of the nation’s highest circulation newspapers. The new agreement will provide Dreams another outlet for licensed sports products and provide their new media partner with an additional stream of income. Dreams has previously obtained other major media/newspaper clients including USA Today, the Baltimore Sun and the Boston Globe. In the new agreement Dreams will provide the design, development, marketing, customer service and fulfillment of an online Fan Shop for their new media partner. The merchandise offered includes a selection of more…

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