Blog - Page 3913 of 5628

ThursdayJan 07, 2010 9:31 am

GM Talks CEO Appointment, Government Repayment and Saab Deal

According to General Motors’ interim CEO, the company’s new chief financial officer Chris Liddell is in the running to take seat of the CEO position. Liddell left his post at Microsoft, making him the first permanent top manager hired from outside GM since the company emerged from bankruptcy in July. After suffering crushing blows like the rest of the automotive industry, GM is majority owned by the federal government. Despite a crackdown on executive pay, Liddell was granted an exemption from government-imposed pay caps. He will be paid $750,000 this year, and if the company is successful in selling shares…

ThursdayJan 07, 2010 9:27 am

Baron Energy, Inc. (BROE.OB) Provides Update on Proposed Merger and Additional Acquisitions

Baron Energy, Inc., an independent oil and gas exploration and development company with assets in the prolific oil producing region of North Texas and a significant acreage position along the Texas Gulf Coast, recently provided an update on its growth strategy, which includes finalizing the proposed merger between Baron and Pertex LP. During the fourth quarter of 2009, the company continued to conduct its due diligence on the pending merger with Pertex LP, who owns a working interest in 27 wells located in Borden, Garza, Jones, Kent, Nolan, Reagan, Runnels, Scurry and Taylor counties in Texas. The company’s primary focus…

ThursdayJan 07, 2010 9:25 am

BIO-key International, Inc. (BKYI.OB) Launches First SaaS Biometric Identification Solution

BIO-Key International Inc. is truly a company on the move. Located in Wall, New Jersey, Bio-key develops and delivers advanced identification solutions to commercial and government enterprises, integrators, and custom application developers. Today, BIO-key took the next step towards enhancing their future with the launch of TruDonor. TruDonor ID is the first SaaS (Software as a Service) biometric identification solution and will allow blood centers of any size to have a fast, convenient and accurate method to positively identify donors. TruDonor ID will eliminate the potential of misidentification while reducing the time and errors associated with staff validating identities and…

WednesdayJan 06, 2010 4:10 pm

SwissINSO (SWHN.OB) to Add Suhail Saad to Board of Directors

One of the more unique companies to catch the eyes of investors of late is SwissINSO. A young corporation located in Lausanne, Switzerland, SwissINSO utilizes its intellectual property assets to provide environmentally friendly innovative solar energy solutions and related technology to meet the many growing global needs. SwissINSO has a mission to become a world leader in turn-key solutions using renewable energy for the purification and desalination of water and the air of cooling buildings. To reach this goal and continue to grow in the marketplace, SwissINSO took a major step towards enhancing its future with the appointment of Suhail…

WednesdayJan 06, 2010 3:50 pm

FieldPoint Petroleum Corp. (FPP) Buys Oil and Gas Leases near Bakken Shale

FieldPoint Petroleum Corp. has purchased an oil and gas lease located in Renville County, North Dakota. The lease is approximately 444 to 800 acres and the company paid $155 per acre. The wells carry an average royalty rate between 16 and 20%. FieldPoint Petroleum Corporation said that the leases acquired in North Dakota border the well-known Bakken Shale formation, an unconventional oil bearing shale located in Mountrail County, North Dakota. The oil and gas industry has spent billions developing wells in the Bakken Shale over the last two years. “We are looking to the future, and this unconventional shale oil…

WednesdayJan 06, 2010 3:47 pm

View Systems, Inc (VSYM.OB) Gains Positive International Interest

Leading security and data company View Systems, Inc. announced today that international interest continues to grow regarding the company’s endeavors. To date, View Systems has received inquiries from India, Bangladesh and Yemen, among others. Increased global interest in View System's cutting-edge security product line stems from the efforts of international dealers promoting the items to their end users. Belcom, a subsidiary of the Belhasa Group of Companies, has been instrumental in generating leads and moving product. As one of View System’s most valued business partners, Belcom represents View Systems' products in the Middle East, Africa and Asia regions. In late…

WednesdayJan 06, 2010 2:39 pm

Americas Energy Company (AENY.OB) is “One to Watch”

Americas Energy Company is currently operating a surface mine project to produce steam and specialty coal in Kentucky. They are also in the exploration stage of a metallurgical coal project in Tennessee. The Company is a consolidator of high quality energy properties and is currently evaluating several additional coal projects and an oil and gas rework project in Southeastern Kentucky. Americas Energy Company, currently based out of British Columbia, is in the process of acquiring Americas Energy Company, Inc. (AECo), based out of Knoxville, Tennessee, Americas Energy Company and Americas Energy Company, Inc. (AECo) announced last month that it has…

WednesdayJan 06, 2010 1:43 pm

EGPI Firecreek, Inc. (EFIR.OB) Signs Definitive Agreement to Acquire 2,076 Mile Sierra Pipeline Natural Gas Gathering System

EGPI Firecreek Inc. has initiated its most aggressive move towards establishing its oil and gas division. The company announced today the execution of a definitive agreement to acquire the Sierra Pipeline Gathering System and the Sierra Pipeline Company. EGPI Firecreek is purchasing Sierra Pipeline from Koch Corporation, the nation's largest privately-owned company. The Sierra Pipeline Gathering System has approximately 2,076 miles of pipeline and pipeline gathering systems located primarily in the state of Oklahoma and the adjoining states of Kansas and Indiana. The pipeline, which was originally created to transport oil, currently has over 28,000 wells within close proximity for…

WednesdayJan 06, 2010 1:21 pm

Celsius Holdings, Inc. (CSUHD.OB) Announces Availability of Its Calorie-Burning Beverage at Rite Aid Drugstores Nationwide

Celsius Holdings, Inc., the maker of Celsius®, the original calorie-burning beverage, recently announced that Celsius will be available at more than 4,800 Rite Aid drugstore locations nationwide. With over 4,800 locations in 31 states and the District of Columbia, Rite Aid Corporation is the third-largest drugstore chain in the United States. Drinking Celsius raises an individual’s metabolism and can burn up to 100 calories and more per can. In addition, research indicates that consuming one Celsius prior to a workout may enhance the benefits of regular exercise. All three flavors of Celsius, Orange, non-carbonated Green Tea Raspberry Acai and Green…

WednesdayJan 06, 2010 1:20 pm

Artificial Life, Inc. (ALIF.OB) 2010 Strategy Includes New M-commerce Platform, Greater Emphasis on Mobile Business and Lifestyle Applications

Artificial Life, Inc., a world-wide leader in providing innovative mobile communications and interactive gaming for 3-4G network-enabled platforms, today disclosed details for its 2010 strategy. Setting records in 2009 for revenue generation, ALIF scored big on the strength of mobile gaming and business application sales. In 2009 alone, the company generated in excess of 5 million downloads for its series of iPhone games, and had over 20 million mobile game licenses sold to downloaders throughout the world, making Artificial Life one of the world’s top publishers. CEO Eberhard Schoneburg expressed his satisfaction with the Company’s 2009 performance, noting that “despite…

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