Blog - Page 3975 of 5481

ThursdayMay 28, 2009 5:34 am

Energtek Inc. (EGTK.PK) Announces First of $1.5M Investment by EGFE DM Ltd.

Energtek Inc., a world leader in the development of Adsorbed Natural Gas (ANG) technology, announced this morning that it has received the first installment of a $1,500,000 USD investment agreement recently signed with EGFE DM Ltd. The $150,000 tranche is the first of ten such tranches to take place over the next 12 months. Under the terms of the Letter of Intent signed by the two companies, Energtek will grant EGFE restricted shares of common stock in return for the investment. The investment of each tranche will take place at $0.30 per share or at a ten percent discount on…

ThursdayMay 28, 2009 5:08 am

Kraig Biocraft Laboratories, Inc. (KBLB.OB) is on the Verge of Unlocking Exciting Technology

We have been covering Kraig Biocraft Laboratories since December of last year. Those who have read our articles understand why we are excited about this company’s prospects to develop a “super fiber” that can be sold into the technical textiles industry. This super fiber, spider silk, has truly remarkable properties and may have numerous commercial and consumer applications. Currently Kraig Biocraft is in the research and development stage, but has been making excellent progress in the labs and is now capable of accomplishing five thousand genetic transfers in a single week using its newly designed DNA insertion packets. Additional lab…

WednesdayMay 27, 2009 12:30 pm

Solar Energy Initiatives, Inc. (SNRY.OB) is Committed to Revolutionizing the Energy Industry

Solar Energy Initiatives was founded with the purpose of executing a grass roots campaign, “RENEW THE NATION”, to help redeploy a portion of the U.S. work force and reduce the world’s dependence on fossil fuels by selling solar thermal and photovoltaic (PV) technologies. Since acquiring the assets of Solar Energy, Inc. last year, the company has rapidly expanded its dealership network bringing many newly trained solar contractors to the growing marketplace. Solar Energy Initiatives aims to integrate and sell solar thermal and photovoltaic technologies while building a profitable company. Although the company's focus is on providing wholesale solar equipment to…

WednesdayMay 27, 2009 9:33 am

Superlattice Power, Inc. (SLAT.OB) Tops Battery History

Superlattice Power, Inc. is all about improving on a concept that has a history of well over two centuries, yet a concept that may be vital to future world development. Many historians would argue that it began in 1748, when none other than Benjamin Franklin first used the word “battery”. He was using it to describe a series of glass and lead plates he had developed, which, when charged, fired off a substantial spark, much like a battery of guns. But it was the early Italian physicist Alessandro Volta who, in 1800, developed the first practical electric cell, a collection…

WednesdayMay 27, 2009 9:26 am

Axial Vector Energy Corp. (AXVC.PK) Recruits Muse Stancil for Independent Review of Crude Oil Upgrading Technology

Axial Vector Energy Corp. (AVEC) focuses on the international engine and global energy markets by providing technology solutions for military, industrial and commercial applications. The company earlier this month announced that Muse Stancil will execute an independent review for AVEC’s Oxidating Desulphurization and Heavy Crude Oil Upgrading technology, which the company acquired through its joint venture (PETRO AVEC) with Petrosonics LLC. Muse Stancil is a global consulting firm, focused on the energy industry, offering solutions for a variety of issues. Per its agreement with AVEC, Muse Stancil will evaluate the technology to determine the most effective commercialization strategy, as well…

WednesdayMay 27, 2009 9:22 am

Avalon Oil & Gas, Inc. (AOGN.OB) Has Numerous Oil & Gas Properties

Avalon Oil & Gas Inc. is an independent domestic oil and natural gas producer. The company's strategy is to use efficient reservoir maintenance and innovative technology to generate stable cash flows and production from a portfolio of oil and gas lease properties in Texas, Oklahoma, Louisiana and Arkansas. Here is a brief overview of some of Avalon Oil & Gas properties: In Miller County, Arkansas, Avalon owns a 50% working interest in the Dixon Heirs #1, Deltic Farms & Timber #1, and Gunn #1 wells along with associated units and leases. These are mature wells, originally drilled in the 1980s,…

WednesdayMay 27, 2009 9:03 am

Oil Price Hits Six-Month High – Are We Headed Higher?

Today, the price of oil rose to a six-month high of $63.45 and the national average price for a gallon of regular unleaded gasoline rose to $2.655. In the last month alone, the price for a barrel of light crude oil increased approximately 25%. Is this the peak of the rally or should we expect even higher prices? According to Saudi oil minister Ali al-Naimi, prices will keep increasing since demand is "picking up, especially in Asia". Nuaimi said, “You bet we're seeing it (increased demand) from some of our customers for more oil and we're providing it… There is…

WednesdayMay 27, 2009 7:07 am

XenaCare Holdings, Inc. (XCHO.OB) Receives Exclusive License to Market and Distribute an FDA Approved Over the Counter Treatment for Chronic Pain

XenaCare Holdings, Inc. (XCHO.OB), a developer of uniquely positioned nutritional products, mass retail products and products for practitioners, recently announced that the company has received the exclusive U.S. license to market and distribute an FDA approved homeopathic treatment for chronic pain. Chronic pain currently affects more than 50 million people throughout the United States. In 2005, U.S. sales of prescription and non-prescription pain management products totaled more than $20.4 billion. Frank Rizzo, chief executive officer of XenaCare Holdings, stated, “We are extremely enthusiastic about this product, as it represents one of the first non-narcotic treatments for chronic pain. As we…

WednesdayMay 27, 2009 6:56 am

GTX Corp. (GTXO.OB) Signs Platform Test Agreement to Bring GPS Shoes to Senior Market

GTX Corp and Aetrex Worldwide, Inc. have entered into a platform test agreement with plans to collaborate on the development and mechanical engineering of GTX’s patented PLS (Position Location System) 2-way transceivers and software systems to track the location of "wandering" seniors afflicted with dementia. "There are a growing number of seniors suffering from dementia and we know over 50% 'wander' without anyone's knowledge of where they are and where they are heading," stated Chris Walsh, an ex Nike executive and current COO of GTX Corp. "The shoe we intend on developing with Aetrex should help authorized family members, friends,…

WednesdayMay 27, 2009 6:35 am

Osteologix, Inc. (OLGX.OB) Announces Patent Allowance for Novel Osteoporosis Drug

Osteologix, Inc. announced this morning that is has received a Notice of Allowance from the U.S. Patent and Trademark Office (USPTO) for its U.S. Patent Application titled "Water-Soluble Strontium Salts for Use in Treatment of Cartilage and/or Bone Conditions." The reported allowance of claims covers the treatment of osteoporosis and related bone conditions using NB S101 (strontium malonate), the company's lead osteoporosis drug candidate. The company anticipates that the patent will be issued in the second half of 2009. According to the press release, the patent's 20-year term would expire in 2024. Additionally, the company has a number of other…

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