Blog - Page 3942 of 5178

TuesdaySep 23, 2008 5:32 am

Golden Phoenix Minerals Inc. (GPXM) Takes Flight with Precious Metals

Founded in 1997, Golden Phoenix Minerals, Inc. is an OTCBB-traded company headquartered in Sparks, Nevada. They acquire, develop, and mine superior precious and strategic metal deposits in North America. They focus their efforts on properties that contain deposits of gold, silver, molybdenum and other minerals. Their current market capitalization is $17.42 million. The company owns the Mineral Ridge gold and silver property near Silver Peak, Nevada. They also own the Northern Champion molybdenum mine in Ontario, Canada. Golden Phoenix Minerals Inc. is also manager/operator and majority owner of the Ashdown Project LLC gold and molybdenum property, jointly held by Win-Eldrich…

TuesdaySep 23, 2008 5:29 am

Magnotta Winery Corporation (MGN.TO) Has a Crush on Grapes

Founded in 1990 by Gabe and Rossana Magnotta, Magnotta Winery Corporation is Ontario, Canada's third largest winery. Headquartered in Vaughan, Ontario, a few minutes north of Toronto, it is the only company of its kind in Canada licensed to produce and sell wine, beer, and distilled beverages. The company trades on the Toronto Stock Exchange and is a Platinum member of Canada's 50 Best Managed Companies. It is also a recipient of Vaughan's Business of the Year Award. Magnotta primarily sells direct to the consumer. They offer high-quality, low-cost alternatives to wines typically sold through the Ontario Government's LCBO (Liquor…

TuesdaySep 23, 2008 4:21 am

CytRx Corp. (CYTR) Acquires Inovive Pharmaceuticals, Inc.

CytRx Corporation (NASDAQ: CYTR), a biopharmaceutical research and development company, announced that it has completed its acquisition of Innovive Pharmaceuticals, Inc. The acquired Innovive portfolio includes four clinical-stage oncology drug candidates, including North American and European rights to develop tamibarotene, which is already approved in Japan for the treatment of relapsed Acute Promyelocytic Leukemia (APL) CytRx purchased Innovive for 2.6 million shares of CytRx common stock, about $18.3 million of "future performance-based milestone earn-outs", and the assumption of Innovive’s liabilities. Innovive shareholders approved the deal Sept. 19. "In acquiring Innovive, CytRx’s objective was to create a balanced business model, with…

TuesdaySep 23, 2008 4:19 am

Oxygen Biotherapeutics, Inc. (OXBO.OB) Licenses Its Glucose Biosensor Devices

Oxygen Biotherapeutics, Inc. announced that a license agreement for its glucose biosensor technology has been reached with Glucometrics, Inc. The biosensor measures glucose levels in diabetes patients at accuracy levels higher than FDA standards require, a company news release states. Glucometrics now has a license for all applications involving measurement and monitoring of glucose levels. In return, Oxygen Biotherapeutics receives stock in Glucometrics and royalties based on worldwide net revenues from products derived from the licensed technology. “I am proud to announce this major milestone in our corporate history with our first-ever license agreement,” said OXBO Chairman and CEO Chris…

MondaySep 22, 2008 5:30 pm

Herley Industries Inc. (HRLY): Helping to Power Some of the Military’s Most Sophisticated Weapons

Herley Industries (HRLY) designs, developments, and manufactures microwave technology solutions for the defense, aerospace and medical industries on a global basis. Herley's products include telemetry systems, command and control systems, transponders, flight termination receivers, HF communications and IFF interrogators, high-powered amplifiers, microwave integrated circuits, high/low power integrated assemblies, solid state receiver protectors, digitally-tuned oscillators and simulation equipment, as well as medical and scientific products like single modules and rack mounted amplifiers. The company sells its products to prime defense contractors, original equipment manufacturers, research institutions, and universities in commercial markets, as well as to the United States and foreign governments.…

MondaySep 22, 2008 5:13 pm

Brite-Strike Technologies, Inc. (BSTI.PK) is Drawing More Customers through Major Retailers

Brite-Strike Technologies, Inc. (OTC: BSTI), makers of technologically superior flashlights, previously relied mainly on word-of-mouth, its website and several high-end catalogs to publicize its products. More recently, a major media advertising campaign is attracting customers and paying off in increased sales. With the use of inviting price points, community involvement, and a niche focus campaign directed at individuals seeking added security (i.e., women, volunteer workers, students and seniors), Brite-Strike's line of consumer-centric personal protection products are quickly gaining a retail presence among nationally recognized retail stores. The company's primary distribution channels continue to be through their attendance at police and…

MondaySep 22, 2008 5:09 pm

Force Energy Corp. (FORC.OB): Finding Energy Riches in Wyoming

Force Energy (FORC) is an oil and natural gas exploration company with a focus on drilling and exploring for oil and gas in Wyoming. The company believes Wyoming contains a mean of 2.4 trillion cubic feet of undiscovered natural gas, a mean of 41 million barrels of undiscovered oil, and a mean of 20.5 million barrels of undiscovered natural gas liquids in the Wind River Basin area of the state. Force Energy further estimates a mean of 84.6 trillion cubic feet of undiscovered natural gas, a mean of 131 million barrels of undiscovered oil, and a mean of 2.6 billion…

MondaySep 22, 2008 3:36 pm

September 22nd CEOcast Weekly Newsletter

Companies featured in the current edition of the newsletter: CETG, CKGT, CNLG, CVM, ENZ, ETGF, FMTI, GNBT, GSPG, HJHO, IASCA, ITUI, TKO Last week is sure to go into the history books as one of the most fearful and exciting times in Wall Street's history. After dropping like a rock for the first three and a half day, the market made a remarkable comeback that can draw comparisons to a yo-yo as all of the losses were recovered with 3 of the 4 major indices actually registering weekly gains. The Dow was the lone loser last week with a minimal…

MondaySep 22, 2008 1:20 pm

Here comes $500 oil

If Matt Simmons is right, the recent drop in crude prices is an illusion - and oil could be headed for the stratosphere. He's just hoping we can prevent civilization from imploding. Matt Simmons is as perplexed as anyone that it has fallen to him to take on OPEC, Exxon, the Saudis, and all the other misguided defenders of conventional wisdom in the oil patch. Why should one investment banker with a penchant for research be required to point out what he regards as the obvious - that from here on out, oil supplies can't meet demand, and if we…

MondaySep 22, 2008 1:17 pm

Accentia BioPharmaceuticals Inc. (ABPI) is “One to Watch”

Accentia BioPharmaceuticals Inc.'s corporate mission is to identify, develop, and market innovative biopharmaceuticals to alleviate human suffering caused by disease. Trading on the NASDAQ Capital Market, the company has their headquarters in Tampa, Florida. They are a vertically integrated company focused on late-stage specialty pharmaceuticals and biologics for targeted therapeutics. The Hopkins Capital Group, LLC and their affiliates formed Accentia BioPharmaceuticals Inc. The company consists of two wholly-owned subsidiaries, and a majority, controlling interest in a third company. Accentia works with physicians, insurers, and pharmaceutical manufacturers to further premier drug development and patient care. They focus their efforts in the…

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