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WednesdayJul 29, 2009 1:12 pm

Dana Resources (DANR.OB) Acquires Advanced Stage Gold Deposit in Peru

US-based precious metals exploration and development company Dana Resources excitedly announced that it has acquired the Collota Gold Deposit in Peru. The Collota Gold Project is located in Northern Peru on the eastern side of the Cordillera Negra, (Black Range Mountains). It is 45km south of the city of Huarez. Elevation ranges from 4,100m to 4,600m. The Collota Gold Deposit is defined by 83 drill holes completed by Buenaventura Mining for a total of 5,500 meters of reverse circulation and diamond core drilling, identifying an initial gold deposit in 281.7 acres. Drilling has indicated attributable resources of 112 million tonnes,…

WednesdayJul 29, 2009 1:09 pm

Thunder Mountain Gold, Inc. (THMG.OB) Identifies Gold Mineralization on Property

Thunder Mountain Gold, Inc. announced today that it has identified gold mineralization in previously unexplored land at the company’s South Mountain property in Owyhee County, Idaho. The newly identified gold significantly raises the potential for further discovery on the 868 acres of private land of the company’s South Mountain property. The gold mineralization occurs in a multi-lithic intrusive breccia that covers an area of at least 60 acres. The breccia has sub-angular fragments of sulfidized and potassically altered quartz monzonite and silicified fragments of metasediments. It is oriented parallel to copper, zinc, silver, gold, and lead mineralization at the main…

WednesdayJul 29, 2009 10:34 am

China Voice Holding Corp. (CHVC.PK) Building On Long Term Relationships

China Voice Holding Corp., a U.S. based holding company providing next generation communication services to government agencies and corporations in China, sees itself as doing more than just selling things to the Chinese. The company believes that the most successful long-term Asian strategy must involve reciprocity and two-way partnerships that promote trust and growing mutual interests. A key part of this approach is China Voice Holding’s ongoing merger and acquisition policy, by which the company seeks to use its securities to acquire multiple technology companies. As such, the company provides a vehicle for Chinese businesses to become participants in America’s…

WednesdayJul 29, 2009 10:25 am

PacificHealth Laboratories, Inc. (PHLI.OB) Announces Record Net Income and 15% Revenue Growth

Today, PacificHealth Laboratories, Inc. reported its operating results for the second quarter and six months ended June 30, 2009. Second quarter revenues for this year increased 15% to $2,725,055 compared to the $2,370,429 reported for the same period in 2008. Net income totaled $12,922, or $0.00 per diluted share, compared to a net loss of $146,608, or $0.01 per diluted share, for the same period in 2008. Sales and marketing expenses rose $209,436, a 85% increase compared to the same period in 2008. This increase was mainly caused by increased spending for a public relations and marketing campaign associated with…

WednesdayJul 29, 2009 10:08 am

Bernard Chaus, Inc. (CHBD.OB) Signs Long Term Exclusive Supply Agreement

Bernard Chaus, Inc. announced today that it has entered into a long-term exclusive supply agreement with China Ting Group Holdings Limited. As terms of the agreement, China Ting will be the exclusive supplier of merchandise purchased by Chaus in Asia. Josephine Chaus, Chairwoman and Chief Executive Officer, stated, “We are very pleased to expand the long and cooperative relationship we have had with China Ting. Over the years they have been one of our more important merchandise suppliers in many product categories utilizing their substantial and impressive production capabilities. We are confident that our newly expanded relationship will enable us…

WednesdayJul 29, 2009 10:04 am

Response Biomedical Corp.’s (RPBIF.OB) Receives FDA Market Clearance for Rapid Respiratory Syncytial Virus Test

Response Biomedical Corporation announced this morning that the U.S. Food and Drug Administration (FDA) has granted 510(k) clearance to market the company’s rapid Respiratory Syncytial Virus (RSV) test. The test runs on the RAMP(R) 200 Reader and will be marketed and sold by 3M Health Care as the 3M(TM) Rapid Detection RSV Test. The RSV Test is a qualitative immunochromatographic assay designed to be used as an in vitro diagnostic product with the 3M(TM) Rapid Detection Reader (manufactured by Response Biomedical) to detect the presence of RSV F-protein antigens in nasopharyngeal swab, nasopharyngeal aspirate, or nasal wash/aspirate specimens. Detecting RSV…

WednesdayJul 29, 2009 9:51 am

Universal Detection Technology (UNDT.OB) Receives Patent for Anthrax Detection System

Leading counter-terrorism training programs developer, Universal Detection Technology, announced that it has received a U.S. patent for its automated airborne anthrax detection system. Titled “Apparatus and Method for Automated Monitoring of Bacterial Spores,” the invention has been filed under USPTO number US 7,563,615 B2 and describes an apparatus and method for automated monitoring of airborne bacterial spores. The apparatus includes an air sampler, a surface for capturing bacterial spores, a source of lanthanide ions, and a spectrometer for excitation and detection of the spores’ characteristic fluorescence. In accordance with the method, computer-programmed steps allow for automation of the apparatus for…

WednesdayJul 29, 2009 9:27 am

Kana Software, Inc. (KANA.OB) Transitions into KANA Global Consulting Services

Forward thinking and troubleshooting are two very powerful actions that can hold the key to the most intricate and difficult aspects of business. They lead to the type of results business’ look for when taking that leap into the unknown. For some companies, their resources are limited and require a bit of assistance, for one department or even companywide. Whatever the case, they know if they want to make it to the next level but don’t know exactly how to do it, assistance is necessary. But what type of assistance do they need? Companies want to offer as much as…

WednesdayJul 29, 2009 9:20 am

Axial Vector Energy Corp. (AXVC.PK) Successfully Demonstrates Its Engine Running on Palm Oil

Axial Vector Energy Corp. is a global solutions provider that owns, develops, invests in and licenses revolutionary technologies. The technologies that the company is involved with include internal combustion engines and electric power generator technologies that have potential in military, industrial and commercial applications. Axial Vector Energy recently announced a successful performance demonstration of its engine running on palm oil, a non-fossil fuel. The demonstration showed that certain less expensive biofuel feedstocks, such as palm oil, can be used in the company's engines and produce significantly less CO2 emissions. This demonstration again showed how many advantages Axial Vector Energy's engines…

WednesdayJul 29, 2009 9:18 am

Cobra Oil & Gas Company (CGCA.OB) Completes Deal with Enercor, Inc. on Utah Oil Sands Project

Cobra Oil & Gas Company, a publicly traded independent oil and gas exploration and production company headquartered in Houston, Texas, recently announced that the company has finalized a transaction to purchase a 40 percent working interest on the Utah Oil Sands Project in Uintah County, Utah from Enercor, Inc. The initial letter of intent included only a 20 percent working interest for $4 million worth of common stock and $1 million in cash. According to the terms of the deal, Cobra Oil & Gas Company will pay $4 million in common stock on the initial closing date, which is 10…

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