MondayJun 21, 2010 10:00 am

PuraMed BioScience, Inc. (PMBS.OB) Retains Media4Equity for 12-Month Multimedia Campaign

PuraMed BioScience Inc. engages in the research, development and marketing of non-prescription medicines and healthcare products. Its leading product is LipiGesic M, which provides acute relief from migraine headaches. The company also has plans to launch LipiGesic PM, which provides a remedy for insomnia and other sleep disorders as well as LipiGesic H for common tension headaches. The company announced today that it has entered into an agreement with Media4Equity and its parent company, NewsUSA, for a multimedia marketing campaign over the next year. Media4Equity uses its media and marketing clout and contacts to help strong emerging growth companies grow…

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MondayJun 21, 2010 8:50 am

Palatin Technologies, Inc. (PTN) Reports Successful Study of New Drug

Palatin Technologies, Inc. announced the successful completion of a preclinical study of its new drug used to treat severe asthma, an illness that kills more than 4,000 people in the United States every year. Palatin Technologies, Inc. said that during the study, PL-3994 produced a relaxation of muscle in the tissue of air passages in subjects tested, including humans, rats and guinea pigs. The results of the study may indicate that PL-3994 can be used as a bronchodilator in patients that don’t respond to standard treatment for severe asthma. Trevor Hallam, the Executive Vice President of Palatin Technologies, Inc., said…

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MondayJun 21, 2010 8:49 am

Global Axcess Corp. (GAXC.OB) Signs New Credit Line

Global Axcess Corp. announced that it has signed a new credit line with Fifth Third Bank to help fund growth in the company's self service kiosk business and cut the cost of debt to the company. The credit line totals $17 million, comprised of a term note, a draw note and an equipment line. The term note totals $5 million, and has a term of three years. The proceeds will be used to pay off the company’s balances with two other banks. The draw note totals $2 million and has an 18-month amortization. Global Axcess Corp said that the proceeds…

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MondayJun 21, 2010 8:46 am

Diamond Ranch Foods (DRFO.OB) Announces Acquisition of Executive Seafood Accounts

Diamond Ranch Foods Ltd., a highly strategic food group distributor and processor of a broad selection of the finest quality meats, poultry, seafood and foodservice items, recently announced that the company has completed the acquisition of the client accounts of Executive Seafood, a premiere seafood wholesaler. Executive Seafood established its success by serving many of the most upscale restaurants and country clubs in the tri-state area. Operating out of the largest food distribution center in the world, Hunts Point Food Distribution Center in New York City , the company has direct access to numerous seafood retailers, supermarkets, hotels, catering operators,…

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MondayJun 21, 2010 7:52 am

Cellceutix Corp. (CTIX.OB) Research on Kevetrin Showing More Great Results in Destroying Cancer Cells

Cellceutix announced more research data this morning on studies done with Kevetrin™, their leading compound for the treatment of specific stains of multi-drug resistant breast, lung and colon cancers. This series of testing was focused on Kevetrin affecting the life cycle of a specific lung cancer cell and was conducted by the Cellceutix research team at a major cancer hospital in Boston. The data revealed that Kevetrin had a 78% effective rate of G2/M arrest and a 66% increase in apoptosis. To understand the significance of this data, it is important to know what portion of a cell’s life cycle…

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MondayJun 21, 2010 7:21 am

VizStar, Inc. (VIZS.OB) Announces Commencement of Trading following Successful Acquisition of Celestial Jets

VizStar, Inc., an upscale air charter transportation broker, this morning announced the final closing of merger with Celestial Jets, a nationwide air charter service provider offering private, point-to-point luxury air travel to the corporate community. The company's common stock is now being traded on the over the counter markets under the symbol "VIZS." Offering service that goes much further than just the flight, VizStar offers chauffeured limousine pickup with planeside drop-off, world-class catering, hotel and resort accommodations, and restaurant reservations, in addition to technical support, accounting, legal, or secretarial services, spa treatments, event planning, and childcare. Leaving no detail to…

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FridayJun 18, 2010 3:25 pm

Celestial Jets Announces Merger and Acquisition of VizStar, Inc. (VIZS.OB)

VizStar, Inc., an upscale air charter transportation broker, today after the closing bell announced that the final proceedings have come to a successful close for the merger with Celestial Jets, a nationwide air charter service provider offering private, point-to-point luxury air travel to the corporate community. According to the press release, Celestial Jets will be doing business as VizStar, Inc. during the transition. Celestial Jets, dba VizStar, Inc. is a full service private aviation company focused on providing luxury at 30,000 feet. Leaving no detail to chance, it offers chauffeured limousine pickup with planeside drop-off, world-class catering, hotel and resort…

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FridayJun 18, 2010 2:41 pm

AmbiCom Holdings Inc. (ABHI.OB) is “One to Watch”

Headquartered in San Jose California, AmbiCom Holdings is a leading designer and developer of wireless products within the wireless medical industry. The company's wireless modules and devices are based on innovative application software for both Wi-Fi and Bluetooth technologies. Committed to wireless design and development of software and hardware, as well as bringing new and innovative products to the wireless medical markets and other sectors, AmbiCom plans to grow organically while augmenting that growth by selectively acquiring complementary products and technologies. AmbiCom was founded in 1997 in the heart of Silicon Valley. The company delivers its medical device OEM modules…

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FridayJun 18, 2010 1:37 pm

Endeavour International Corp. (END) Creates North American Management Team to Energize Shale Resource Play Activity

Endeavour International Corp., www.endeavourcorp.com, is a developer of oil and gas reserves targeting the North Sea and US with a strategy of acquisition, exploration and, most importantly, production. The Company disclosed operational expansion of its US management team recently in order to deal with its rapidly expanding asset base and the sheer volume of activity in shale resource plays. From the new technical and commercial base of operations in Denver, the leadership group will master the complex and challenging tasks of current hydrocarbon exploration and development: • Executive VP North America, James J. Emme (to whom the others will report)…

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