Blog - Page 3916 of 5601

WednesdayDec 02, 2009 9:28 am

VIASPACE Inc. (VSPC.OB) Announces First Giant King Grass Harvest; Constructs New Processing and Storage Facility

VIASPACE Inc., a clean energy company growing Giant King(TM) Grass as a renewable, low-carbon energy crop, announced this morning that the first harvest of Giant King Grass has been completed and that a new grass processing and storage facility is under construction on company land in China. Chief Executive Dr. Carl Kukkonen stated, "The grass from this harvest provided seedlings for planting on our new land and is also being used to supply samples for testing and analysis by potential customers such as DP CleanTech and other electric power providers. The new building, now under construction, will process Giant King…

WednesdayDec 02, 2009 9:19 am

eDoorways Corp. (EDWY.PK) Engages Telcordia to Begin Prep Work on Its Web 3.0 Model

eDoorways Corp. announced today that it has chosen Telcordia Technologies Inc., a global leader in the development of fixed, mobile and broadband communications software and services for Communications Service Providers (CSPs), enterprises, suppliers and government entities, to aid in the development and implementation of its Web 3.0 services platform. The company’s primary aim is to more definitely forecast the shape and functionality of Web 3.0 and integrate it into the evolving eDoorways platform. First, the companies will draft a white paper followed by a roundtable discussion involving a wide variety of authorities in such fields as artificial intelligence, expert systems…

WednesdayDec 02, 2009 9:05 am

Muscle Flex Inc. (MFLI.PK) Launches a Customer Support Site Ahead of the Beagle StepFit National Commercial Release

Muscle Flex Inc. announced early this morning that it has launched www.BeagleStepFit.com, a customer support site, ahead of the Beagle StepFit national commercial release scheduled for December 7, 2009. The site contains detailed product information and instructions on the use of the Beagle StepFit and Beagle Mini pedometer. Most Muscle Flex product releases will include a one page landing page as well as a dedicated instruction and product feature site to enhance a customer's experience and maximize their use out of each product purchased. In this case, the one page landing site is www.BuyTheBeagle.com and the product support site is…

TuesdayDec 01, 2009 3:43 pm

Houston American Energy Corp. (HUSA) Set To Raise Equity Capital

Houston American Energy Corp. reported today that it reached an agreement to sell three million shares of common stock to a group of institutional investors at a price of $4.68 per share. The company estimates it would receive $14 million in gross proceeds after underwriting and other fees. Global Hunter Securities and Knight Capital Markets, LLC were the underwriters on the deal. Houston American Energy Corp. is an oil and gas exploration and production company headquartered in Houston, Texas. The company holds a diversified portfolio of properties in both the domestic and international area. Houston American Energy Corp’s international assets…

TuesdayDec 01, 2009 2:43 pm

Solar Energy Initiatives, Inc. (SNRY.OB) Announces $1.7 Million Solar Project

Solar Energy Initiatives, Inc. announced earlier today that it has signed a Letter of Intent to assume a $1.7 million turn-key solar project and contract to supply the Gainesville Regional Utilities with solar electricity. With installation of this project expected to begin immediately, the company anticipates completing the project by the end of next month. As the project developer for the solar project, Solar Energy Initiatives will supply the solar equipment and balance of system. In addition to the sale of solar equipment and balance of supplies, the company will also generate revenue via the sale of the newly generated…

TuesdayDec 01, 2009 2:38 pm

Milestone Scientific Inc. (MLSS.OB) Inks Distribution and Marketing Agreement with Utah Medical Products Inc.

Milestone Scientific Inc. is engaged in computer controlled injection technologies for the medical and dental markets. The company today announced a supply and distribution agreement with Utah Medical Products Inc., in which Utah Medical will obtain the rights to market and sell Milestone’s patented CompuMed® computer-controlled, painless injection system to its North American customer base. CompuMed can reduce the dose of local anesthetic, and in turn, can reduce side effects, accelerate recovery time and lower costs. The product has gained clinical merit from demonstrations of its benefits in colorectal surgery; podiatry; dermatology, including surgery for the removal of basal cell…

TuesdayDec 01, 2009 2:33 pm

Clenergen Corp. (CRGE.OB) Expands Land Leases in India and South America

Clenergen Corporation, a developer of power generation systems that run on biomass crops grown specifically for use as a power source, has secured a 49 year lease for 4,000 acres of land in Tamil Nadu, on the southeast coast of India. The acreage, located in the Tuticorin and Tirunelveli districts, will support plantations of bamboo (1,200 acres) and a fast growing species of tree called marjestica (2,800 acres) to feed a planned 16 megawatt power plant in the city of Tuticorin. The city of Tuticorin has a seaport, airport, and is within 30 kilometers of the plantation sites. Clenergen has…

TuesdayDec 01, 2009 11:24 am

China Biologic Products, Inc. (CBPO.OB) to List Stock on NASDAQ

China Biologic Products, Inc. (CBPO), the largest non-state owned biopharmaceutical company in China, announced today the reception of approval to list its common stock on the NASDAQ. CBPO, through its majority-owned subsidiaries, constitutes a fully integrated biologic products company, with plasma collection, R&D, production, development, and commercial operations. With a well-established conduit into China’s top hospitals, the various plasma-based products made by CBPO are vital during medical emergencies, or are used for prevention and treatment. CBPO expects shares to begin trading on the NASDAQ tomorrow, Wednesday, Dec. 2, retaining the CBPO ticker. CEO of CBPO Mr. Chao Ming Zhao thanked…

TuesdayDec 01, 2009 10:19 am

Taseko Mines Ltd. (TGB) to Receive $180 Million to Form Joint Venture for 25% of Gibraltar Mine

Taseko Mines Ltd. is a British Columbia-based mining company. The company's main assets are its Gibraltar copper-molybdenum mine, the Prosperity gold-copper project, the Harmony gold project and the early stage Aley niobium project. The company announced yesterday that it had signed a letter of intent with Sojitz Corporation to establish by early 2010 a joint venture over Taseko's Gibraltar copper/molybdenum mine. The terms of the deal require that Sojitz pay Taseko $180 million for a 25% interest in the mine. Taseko will continue to operate the mine. Sojitz is one of the large Japanese “trading houses”, a conglomerate with interests…

TuesdayDec 01, 2009 10:18 am

Monarch Financial Holdings, Inc. (MNRK) Prices Preferred Stock Issue

Monarch Financial Holdings, Inc. priced an offering of 700,000 shares of noncumulative convertible perpetual preferred stock at a price of $25.00 per share. The company estimates its gross proceeds at $17.5 million. The noncumulative convertible perpetual preferred stock has a dividend yield of 7.8% and is convertible into 3.125 shares of common stock of Monarch Financial Holdings, Inc. at a price of $8.00 per share. The management of Monarch Financial Holdings, Inc. said that the size of the issue was increased from 650,000 shares due to strong interest from investors. Brad E. Schwartz, the CEO of Monarch Financial Holdings, Inc,…

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