Blog - Page 3896 of 5683

ThursdayMar 18, 2010 2:56 pm

International Coal Group, Inc. (ICO) Raises Capital in Equity and Convertible Offering

International Coal Group, Inc. reported that it has successfully raised capital through two separate offerings of common stock and convertible notes. The company will use the proceeds from both offerings for general corporate purposes and to redeem part of an outstanding 9.00% convertible senior note issue due in 2012. International Coal Group, Inc. sold 22.4 million shares of common stock at a price of $4.47 per share, raising approximately $94 million after commissions and other underwriting expenses. UBS Securities LLC and Morgan Stanley & Co. were co managers on the common stock offering and retain an option to purchase an…

ThursdayMar 18, 2010 2:55 pm

International Stem Cell Corp. (ISCO.OB) to Conduct Experiments to Get Clear View of Age-Related Macular Degeneration

Biotechnology company International Stem Cell Corporation today announced that its Research and Therapeutic Development Group will team up with scientists from the University of California, Irvine to conduct a second phase of preclinical experiments on retinal pigment epithelium (RPE), (in layman’s terms, the colored cell layer of the retina), derived from parthenogenetic stem cells. RPE is an integral part of proper eye function. The loss of function contributes to a variety of disabling eye conditions, including age-related macular degeneration (AMD), the leading cause of vision loss in seniors. ISCO’s preclinical research will allow scientists to test the restoration ability of…

ThursdayMar 18, 2010 2:31 pm

Beacon Equity Research Featured Company: Cavitation Technologies, Inc. (CVAT.OB)

Cavitation Technologies, Inc. is a "Green-Tech" company focused on becoming a world leader in the development of new cutting edge technologies for the vegetable oil refining, renewable fuel, petroleum, water treatment, wastewater sanitation, food and beverage, and chemical industries. The company strives for a leading position in all its markets and business segments. Cavitation’s dedication lies in product and process innovation, supply chain management and customer support to continuously improve the performance of its products and services. Cavitation is committed to exploring all reasonable opportunities to apply its CTI strategies and policies while collaborating with customers and suppliers for the…

ThursdayMar 18, 2010 2:02 pm

Green Energy Live, Inc. (GELV.OB) Astounded by Peck Electric’s Solar Division Success, Moves to Acquire the Company

Green Energy Live Inc., well known for its biomass conversion processes which create energy by gasifying waste biomass generated by the Company’s primary market, the $154B livestock industry, announced today that it has identified massive growth potential in Vermont’s No. 1 electrical contracting services provider, Peck Electric Inc.'s installation and solar system design business. If one looks at the amount of business Peck is doing in terms of submitted bids, projects underway, awarded contracts, and initial inquiries from potential clients, it is clear that the division which handles solar system installation could see amazing revenues this year. Having signed a…

ThursdayMar 18, 2010 1:59 pm

Neah Power Systems, Inc. (NPWZ.OB) Rated Outperform by Zacks, Given $1.75 Target

Neah Power Systems, Inc., leading developer of a micro fuel cell system based on a proprietary silicon design which yields extraordinary power output from such a small form factor, announced today that Zacks Investment Research CFA Richard Wolfe has upgraded the Company’s rating to that of Outperform and set a 12-month price target of $1.75. As a development-stage company, NPWZ looks to use its direct-methanol fuel cell technology, manufacturing capacity, and the expertise of its staff to clear the accumulated deficit of $51M, against which the Company has already started to apply initial bookings from NPWZ’s solar air conditioning subsidiary,…

ThursdayMar 18, 2010 1:56 pm

Getfugu, Inc. (GFGU.OB) Signs Fusion Public Relations to Build Awareness

Today, makers of the next generation mobile search tool, Getfugu, Inc. announced that Fusion Public Relations has been signed to the company’s public relations campaign. Fusion, one of the world's most progressive independent public relations, social media and communications services firms, was selected to help build greater awareness with brand owners and mainstream mobile consumers. "We're excited to work with Getfugu; they are innovative and appreciate an aggressive and proactive approach leveraging traditional and social media," said Jordan Chanofsky, CEO, Fusion Public Relations. "As a strategic partner, Fusion will help to introduce the company's ground breaking application and showcase how…

ThursdayMar 18, 2010 1:52 pm

Wild Brush Energy, Inc. (WBRE.PK) is “One to Watch”

Wild Brush Energy Inc. is a diversified energy company. Trading on the Pink Sheets, their corporate goal is to identify and develop clean air energy producing alternatives. They are currently exploring green energy producing opportunities within North America and abroad. ild Brush Energy, Inc. has their headquarters in Seattle, Washington. The green energy producing opportunities the Company is exploring include large scale Commercial Wind Farms, Solar Energy Paneling prospects, and Small Scale Hydro Electric projects. Wild Brush Energy will primarily develop, build and finance different projects via their own expertise and that of their various future partners. The Company's potential…

ThursdayMar 18, 2010 11:12 am

PSB Holdings Inc. (PSBH) Quietly Goes About Generating Respectable Earnings

As the larger banks go about digging themselves out of the mess they have made, and the US government haggles over this and that, there are several smaller banks that are quietly going about making a nice little return without making any noise. They do not make huge profits but they are making profit. Perhaps one of the ways they go about making these profits is by staying under the radar and tending to their own knitting-as it were. Investors that can sniff out these hidden gems may have nice small little profit centres that they can let sit and…

ThursdayMar 18, 2010 11:03 am

Artfest International, Inc. (ARTS.OB) to Resell the Work of Legendary Hollywood Photographer on Artfest Direct

Artfest International Inc. announced today that the company has signed a distribution agreement with Emaging International which will enable Artfest's wholly-owned subsidiary, Artfest Direct to resell over 1,200 images from some of the world's most accomplished photographers. The 1,200 images made available through the agreement with Emaging is a key component of the company's overall business strategy in targeting the $835 million virtual sports memorabilia and social gaming industry. Artfest Direct expects to generate $3 million per year in sales from the collection, with images from legendary photographers such as Frank Worth, through its new e-commerce website, www.artfestdirect.com. Artfest Direct…

ThursdayMar 18, 2010 11:01 am

API Technologies Corp. (ATNY.OB) Announces Two Executive Appointments

API Technologies Corp. is a prime contractor in sophisticated electronics, highly engineered systems, secure communications and electronic component and subsystems to the global defense and aerospace industry. The company's customers include the governments of the US, the UK, Canada, the EU and NATO as well as many leading Fortune 500 companies. The company announced today that Brian Throneberry has joined API Technologies as vice-president of sales and marketing. With over 25 years of executive-level leadership in sales, project management and global operations, he will lead sales and business development for API's growing 'defense and systems' business units. Prior to joining…

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