Blog - Page 3945 of 5740

ThursdayMar 25, 2010 10:18 am

PNG Ventures Inc. (PNGXQ.OB) Subsidiaries Emerge from Chapter 11 Protection

PNG Ventures Inc. today announced that five of its wholly owned subsidiaries have successfully emerged from Chapter 11 bankruptcy protection, voluntarily filed September 9, 2009. The Plan of Reorganization for New Earth LNG LLC, Arizona LNG LLC, Applied LNG Technologies USA LLC, Fleet Star Inc., and Earth Leasing Inc. (collectively, the company) was confirmed March 12, 2010, resulting in the conversion of a majority of the company’s outstanding debt to new common equity, and eliminating the impact of certain onerous contracts inherited as part of the company’s June 30, 2008, share exchange transaction with Earth Biofuels Inc. Cem Hacioglu, president…

ThursdayMar 25, 2010 10:12 am

Wescorp Energy, Inc. (WSCE.OB) Retains the Services of Yet2.com

Wescorp Energy, Inc. issued a press release this morning to announce that they have retained the services of Yet2.com. With offices in North America (Needham, MA), Europe (Liverpool, United Kingdom) and Asia (Tokyo, Japan), Yet2.com specializes in creating partnerships and is focused on bringing buyers and sellers of technologies together so that all parties maximize the return on their investments. The strategy behind retaining the services of Yet2.com is to further develop Wescorp's 100%-owned, patented H2O Maxx water remediation technology. H20 Maxx is a practical, safe and effective process for remediating oil and gas field contaminants right at the well…

ThursdayMar 25, 2010 8:55 am

Starbucks Corp. (SBUX) Announces First Dividend to Shareholders

Starbucks Corp., a Seattle-based national coffee giant, recently announced that the company will begin paying dividends in the amount of 10-cents-per-share to investors. The company also stated that its board of directors has approved a plan to buy back 15 million shares, in addition to the 6.3 million shares Starbucks still has remaining authorization to buy under a previous effort. Starbucks officials said the dividend will be first paid in cash to investors on April 23 to shareholders who own stock April 7. After shutting hundreds of locations and laying off thousands of workers to cut costs in 2008, Starbucks…

ThursdayMar 25, 2010 8:51 am

ULURU Inc. (ULU) Reports Fourth Quarter Loss

ULURU Inc. reported a net loss of $1.7 million, or $0.02 per share, in the fourth quarter of 2009. This was a strong improvement from the net loss of $2.9 million, or $0.04 per share, in the same quarter of 2008. Renaat Van den Hooff, the CEO of ULURU Inc., said, “During the fourth quarter we continued with our restructured business operation which has provided us with a reduced cost structure while allowing us to further our strategic goals." In the full year 2009, ULURU Inc. lost $9.2 million, or $0.14 per share, slightly better than the net loss of…

ThursdayMar 25, 2010 8:49 am

Netlist, Inc. (NLST) Completes Offering of Common Stock

Netlist, Inc. completed its public offering of common stock, selling approximately 4.0 million shares at a price of $3.85 per share. The offering was underwritten by Needham & Company, LLC, and Roth Capital Partners, LLC, both of which exercised their respective over allotment rights and purchased an additional 599,250 shares of common stock. Netlist, Inc. received approximately $16.3 million in net proceeds after deducting commissions and underwriting fees. There was strong demand for the Netlist, Inc. common stock offering, as the company originally planned to issue three million shares, but raised the size of the offering due to strong investor…

ThursdayMar 25, 2010 8:36 am

Sunwin International Neutraceuticals Inc. (SUWN.OB) Gets Sweet Deal from FDA

Sunwin International Neutraceuticals Inc., a leading global provider of high quality stevia extracts, and business partner WILD Flavors Inc., a leading global provider food, beverage and flavor product development, have received official Letters of No Objection from the U.S. Food and Drug Administration (FDA), giving the companies affirmation of the safety of Sunwin’s Stevia extracts. The FDA grants Generally Recognized As Safe (GRAS) letters after reviewing a company’s independent research, acknowledging no objection to the safety and data supporting that determination. Sunwin’s Stevia Extracts entered the U.S. marketplace in 2006. Sunwin Stevia Extracts, as well as the company’s proprietary OnlySweet™…

ThursdayMar 25, 2010 8:05 am

Alto Group Holdings Inc. (ALTO.OB) Video Chart for Thursday, 3/25/2010

Alto Group Holdings Inc. (ALTO.OB) is a chart that is perfectly positioned for a larger move. A lower float stock like ALTO can move very easily and this one is worth a look today. Watch the video to find out why. Please click the following link: http://www.qualitystocks.net/videocharts.php?chartvid_id=361 Let us hear your thoughts below:

WednesdayMar 24, 2010 2:49 pm

Blue Sphere Corp. (BLSP.OB) is “One to Watch”

Blue Sphere Corp., an Emission Reduction Project Integrator, focuses on the cleantech sector. The company develops projects for greenhouse gas emission reduction and renewable energy production. Blue Sphere aims to become a key player in the global carbon reduction market, helping enterprises with high pollution emissions achieve their green goals. The company trades on the OTCBB. Global warming’s negative effects to the environment and the world’s population has compelled government agencies to create regulations that mandate polluting businesses to take responsibility for their greenhouse gas emissions. Blue Sphere, as an Emission Reduction Project Developer, provides the solutions necessary for businesses…

WednesdayMar 24, 2010 2:08 pm

Quaterra Resources, Inc.’s (QMM) Sierra Sabino Selected as Advanced Project by Goldcorp (GG)

Quaterra Resources Inc., the up-and-coming mineral exploration company focused on developing prospects in North America, today revealed that its Sierra Sabino property was selected under the terms of the recently signed investment framework agreement as an advanced project by Goldcorp Inc. Goldcorp stands to gain 65% interest in the property, which is located in the lucrative Mexican Silver Belt just 120 km south of their Penasquito mine, in San Luis Potosi, via a $2M outlay over 2 years, of which half must be spent in the first year on QMM-conducted exploration, geologic mapping, some 1,500 meters of core samples and…

WednesdayMar 24, 2010 12:50 pm

Fund.com, Inc. (FNDM.OB) Strategically Targets Multi-Billion ETF Market with AdvisorShares Subsidiary

Fund.com Inc. is an online financial services company with a focus on the investment fund market. The company's target market is the millions of individual investors who are interested in purchasing funds. One specific investing area that the company has heavily focused on is the exchange traded funds (ETFs) market. The company's 60%-owned subsidiary, AdvisorShares Investments LLC, is a developer and distributor of actively managed exchange traded funds. The goal of AdvisorShares is to be a global investment management firm with innovative products and services that provide investors access to best of breed money managers. The firm will differentiate itself…

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