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ThursdayMar 04, 2010 2:50 pm

SinoCoking Coal and Coke Chemical Industries, Inc. (SCOK) Expands Production

SinoCoking Coal and Coke Chemical Industries, Inc. has broken ground on the construction of its new state-of-the-art coking facility in Pingdingshan city, Henan Province, in east central China. The eventual cost of the new coking plant is expected to be $70 million when completed by early 2011, with the plant being used for the production of metallurgical and chemical coke, as well as coal gas and various chemical products. The coking of coal involves driving off volatile constituents of the coal, such as water, coal gas, and coal tar, leaving a smokeless form of the fuel, used for such things…

ThursdayMar 04, 2010 1:24 pm

Previous Chairman & CEO of McDonald’s Japan to Join Consorteum Holdings Inc.’s (CSRH.OB) Board of Advisors

Consorteum Holdings, Inc. was very pleased to announce today that Mr. Pat Donahue will join the company’s new Board of Advisors. Quent Rickerby, President & COO of Consorteum Holdings Inc., commented, “We believe the addition of Mr. Donahue to the Board of Advisors will provide the company with exceptional business experience and strategic advice. Mr. Donahue has held key leadership positions in one of the largest companies and best-known brands in the world.” “He brings proven leadership skills and ability to achieve business results. Consorteum is extremely fortunate that he has agreed to sit on our advisory board and believes…

ThursdayMar 04, 2010 1:17 pm

Solar Energy Initiatives, Inc. (SNRY.OB) Partners with Alternate Energy Technologies to Distribute Solar Thermal Water Heating Systems

Solar Energy Initiatives, Inc. announced a strategic supply agreement today with US-based solar and water heating system manufacturer AET (Alternate Energy Technologies, LLC). Solar Energy Initiatives is a broad spectrum solar solutions provider with three main operating segments: the Project Services Group (PSG), which develops municipal and commercial scale solar solutions; the SolarEos Group, which educates trade professionals in the solar industry; and the Integrated Supply Group (ISG), which handles wholesale distribution of thermal and photovoltaic (PV) systems in the US and Caribbean. CEO of SNRY David Fann noted plans to distribute AET's Eagle Sun™ and Morningstar™ systems via its…

ThursdayMar 04, 2010 1:15 pm

Flex Fuels Energy, Inc. (FXFL.OB) Grows into Booming Point-of-Care Market with Bio-AMD Acquisition

Flex Fuels Energy, Inc. disclosed details today regarding the Company’s entry, on the 25th of last month, into a Subscription and Shareholder’s Agreement with Bio AMD Holdings Limited. Bio-AMD specializes in medical technologies in the booming Point-of-Care (POC) market, where FXFL looks to realize substantial returns developing several proprietary hand-held devices (used for reading third-party assays) via extensive licensing to a global manufacturing and distribution market eager for such technology. Under the terms of the Agreement, FXFL will acquire 63% of the fully diluted equity in Bio-AMD for £865,000 GBP ($1.286M) which will be used to push the Bio-AMD business…

ThursdayMar 04, 2010 1:11 pm

Wescorp Energy Inc. (WSCE.OB) to Build Cutting Edge Water Remediation Unit for Demonstration and Marketing

Located in Calgary, Alberta, Wescorp is a clean water company which provides the oil and gas industry with water purification solutions that overcome environmental remediation challenges. Today, Wescorp took a major step towards enhancing their future with the announcement they have entered into a contract for K-Line Trailers Ltd. to design and construct a full-size, commercial grade H2Omaxx mobile water remediation unit. The self-contained unit will contain its own storage, separation, and containment tanks, micro-aeration generators, software and computer automation technology to allow the water remediation to occur at full capacity with minimal human supervision. K-Line has agreed to fund…

ThursdayMar 04, 2010 12:58 pm

Cano Petroleum (CFW) Updates Oil and Gas Operations

Cano Petroleum reported average production of 1,189 net barrels of oil equivalent per day for the fourth quarter of 2009, ending December 31, 2009. This represented a decline of 1.2% compared to the average production of 1,203 net barrels of oil equivalent per day in the same quarter of 2008. Cano Petroleum attributed the decline in production to a curtailment of well activity at its Desdemona properties in the Barnett Shale, and a maintenance shutdown at a water flood project. Cano Petroleum also issued an operations update on some of its oil and gas properties: Cato Properties – Cano Petroleum…

ThursdayMar 04, 2010 12:56 pm

China Gengsheng Minerals, Inc. (CHGS) Starts Trading on the NYSE Amex Exchange

China Gengsheng Minerals, Inc., a leading developer and manufacturer of a broad range of high-tech industrial material products, including monolithic refractories, industrial ceramics, fracture proppants, and fine-precision abrasives, recently announced that the company has received approval to list its common stock on NYSE Amex. China Gengsheng Minerals, Inc. began trading on the NYSE Amex exchange today, March 4, 2010 under the ticker symbol “CHGS.” Mr. Shunqing Zhang, chairman and chief executive officer of China Gengsheng Minerals, stated, “We are excited to be moving onto NYSE Amex as this opens a new chapter in our 25-year corporate history. As a leading…

ThursdayMar 04, 2010 12:53 pm

Mesa Energy Holdings, Inc. (MSEH.OB) Discusses the Coal Creek Project

Mesa Energy Holdings Inc. is a junior oil and gas exploration and production company that is focusing on the Marcellus shale in the northern Appalachian Basin in western New York and also areas in Oklahoma. The company recently discussed one of its major projects in Oklahoma – the Coal Creek Project. The Coal Creek Project is a developmental prospect targeting natural gas in the Hunton Sand, the Brent Sand, and a shallow Atoka gas reservoir present in the Arkoma Basin. All of these natural gas deposits are located in eastern Oklahoma and western Arkansas. The company has a 78 percent…

ThursdayMar 04, 2010 12:51 pm

UFP Technologies, Inc. (UFPT) Announces Strong 2009 Results

UFP Technologies Inc. is a leading designer and manufacturer of interior protective packaging solutions using molded fiber, vacuum-formed plastics along with molded and fabricated foam plastics. The company also designs and manufactures engineered component solutions using laminating, molding and fabricating technologies. The company yesterday announced strong 2009 results. Net income was $5.9 million, or $0.94 per diluted share. These figures were 16 percent higher than net income of $5.1 million, or $0.82 per share, for its fiscal year 2008. Sales, however, were $99.2 million or 9.8 percent less than 2008 sales of $110 million. UFP Technologies did finish the year…

ThursdayMar 04, 2010 8:12 am

Energtek, Inc. (EGTK.PK) Acquires Accreditation from Philippines Department of Energy

Energtek Inc., a world leader in the development of Adsorbed Natural Gas (ANG) technology, announced that its fully-owned subsidiary, Energtek Philippines Inc., has been certified as a duly accredited participant in the Filipino Natural Gas Vehicle Program for Public Transport (NGVPPT). The official Certificate of Accreditation was issued by the Filipino Department of Energy. Through the accreditation Energtek Philippines Inc. is entitled to convert and retrofit existing vehicles to operate on Natural Gas, as well as provide ongoing Natural Gas supply to the vehicles as fuel. According to the press release, the certification was issued after extensive field trials of…

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