Blog - Page 3925 of 5671

TuesdayFeb 09, 2010 2:13 pm

ChinaTel Group Inc. (CHTL.OB) Secures $640M Equity Investment to Fuel Global Expansion

ChinaTel Group Inc. provides high speed wireless broadband and telecommunications infrastructure engineering and construction services. The company recently signed two stock purchase agreements calling for a $640 million investment into the company, which will equip it with enough funds to move forward with its expansion plans. The combined investment represents 48 percent of the company’s total outstanding shares, valuing ChinaTel at more than $1.33 billion. By March 1, 2010, ChinaTel will have received $241 million, and said it expects to receive the remaining balance of $399 million by June 1, 2010. "With this infusion of capital, we can pursue our…

TuesdayFeb 09, 2010 2:10 pm

National Automation Services, Inc. (NASV.PK) Goes To Town

National Automation Services Inc., a growing control systems integration company based in Nevada, has been quietly growing a strong customer based of cities and towns in the Southwest. These are municipalities that have come to depend upon National for water and other processing solutions, and they’ve done much to solidify the company’s positive reputation. Wastewater treatment involves extensive processing and National has shown its ability to apply a wide range of technologies to solve customer problems. In particular, National has performed extensive water related processing engineering and implementation work for municipalities throughout the state of Arizona. • Phoenix, Arizona –…

TuesdayFeb 09, 2010 2:02 pm

Newport Digital Technologies, Inc. (NPDT.OB) Completes Installation of WiMax System for Newport Center Medical Plaza

Newport Digital Technologies, Inc. announced earlier today that it has launched the installation of the Worldwide Interoperability for Microwave Access (WiMax) base station and long range subscriber stations, encompassing four buildings for Newport Center Medical Plaza in Newport Beach, California. Newport Center Medical Plaza is one of the largest medical complexes in California with more than 300 doctors and dentists. This project is a result of the current Phase I installation project with the Orange County Department of Education's (OCDE) Learning Resources Center (LRDC) in Costa Mesa, California. It has been designed to confirm NPDT's WiMax solution as a leading…

TuesdayFeb 09, 2010 12:22 pm

Atlas Pipeline Partners LP (APL) Finds itself Well Positioned for the Longer-term

Some products are just a fact of life. Water, food and warmth are only a few. There are many ways to go about obtaining these realities with some being easier than others. What is not easy in some instances is getting that need from here to there in an efficient manner. Investing in that transport system can be very lucrative even if it may take some time to develop. Atlas Pipeline Partners LP, a mid-stream natural gas pipeline gatherer and processing company, works to gather and process natural gas in several leading natural gas regions. It has recently raised over…

TuesdayFeb 09, 2010 10:38 am

WordLogic Corp. (WLGC.OB) Offers State-of-the Art Software that May Change the Face of the Industry

One company that is starting to catch the attention of investors is WordLogic. Located in Vancouver, British Columbia, WordLogic has become a pioneer in their field. Today, WordLogic took a major step towards enhancing its future with the announcement that it will offer patented software that will combine contextual text and touch screen technology. Frank Evanshen serves as the WordLogic’s President CEO and Chairman. He has a rich history in his industry and has been a noted name in venture financing for over 20 years. Prior to focusing exclusively on WordLogic, Evanshen was Chairman of Equity Pacific Capital Corporation, Chairman…

TuesdayFeb 09, 2010 10:31 am

Cord Blood America, Inc. (CBAI.OB) Announces Agreement with BioCells, a Major South American Company

Cord Blood America, Inc., the parent company of CorCell, which facilitates umbilical cord blood stem cell preservation for expectant parents and their children, recently announced that the company has secured an agreement with BioCells, Inc. to process and store cord blood specimens. BioCells, Inc., headquartered in Argentina with affiliates in Peru, Colombia, Bolivia, Panama and Puerto Rico, is the second-largest stem cell storage company in Argentina with annual revenues of $1.5 million (USD). Cord Blood America utilizes a safe and non-invasive process to harvest cord blood stem cells that offer a powerful and potentially life-saving resource for treating a growing…

TuesdayFeb 09, 2010 10:04 am

Neah Power Systems, Inc. (NPWZ.OB) Expands Management Capability as Company Moves Toward Revenue Generation

Neah Power Systems Inc. is developing long-lasting, efficient, safe and renewable power solutions for the consumer, industrial and military markets. Neah uses a unique, patented, porous, silicon-based design for its micro fuel cells that enable higher power densities and lower cost. The company announced today that Neal Kaufman will assist management in the company's transition from primarily a research and development firm to one that has products moving towards commercialization and revenue generation. Neah Power feels this is necessary as it moves to its next stage in development. The company has made significant strides in technology and product development as…

TuesdayFeb 09, 2010 8:00 am

Consorteum Holdings Inc. (CSRH.OB) Announces Contract with UK Based Staffing Company Blue Sea Manning Ltd.

Consorteum Holdings, Inc. announced this morning that the company has signed a management agreement with UK based Blue Sea Manning Ltd. As terms of the contract, Consorteum will provide integrated payroll and multi-currency settlement solutions to Blue Sea Manning. Blue Sea Manning receives wire transfers for invoice payments in numerous foreign currencies from all over the world. Consorteum’s custom tailored solution will manage all incoming global payment tenders, currency conversion functionality and administrative tools for payroll settlement to staff members in their preferred currency; directly into a bank account or onto a payroll card. Quent Rickerby, President & COO of…

TuesdayFeb 09, 2010 7:48 am

FormCap Corp. (FRMC.PK) Expands Acreage in New Mexico

Yesterday after the closing bell, FormCap Corp. announced that it has increased its acreage position in the Permian Basin by approximately 1,000 gross acres to 5,800 acres of oil & gas leases, all with primary terms of five (5) years. Together with the original 4,800 acres, these leases comprise the Weber City Prospect located in Curry County, New Mexico, which lies on the eastern most side of New Mexico bordering the State of Texas. The new leases are part of an on-going acquisition plan currently in progress in New Mexico. The Weber City Prospect is strategically positioned in the Permian…

MondayFeb 08, 2010 4:22 pm

Magellan Petroleum Corp. (MPET) Reports Increase in Second Quarter Net Income

Magellan Petroleum Corp. reported net income of $1.6 million, or $0.03 per share, in the second fiscal quarter ending 12/31/2009. This was a strong improvement from the net loss of $525,000 or $0.01 per share, in the same quarter of 2008. The company also reported revenues of $9.7 million in the most recent quarter, a large jump from the $5.2 million reported in the same quarter of 2008. Oil revenue increased 72% in the quarter due to a higher price realized per barrel and favorable exchange rates. “Results for the second fiscal quarter represent an improvement over last year and…

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