Blog - Page 3985 of 5588

MondaySep 14, 2009 7:18 am

General Environmental Management, Inc. (GEVI.OB) Announces Strategic Decision to Shift Focus to Water Treatment and Waste-to-Energy Markets

General Environmental Management, Inc. was excited to announce today that the Board of Directors has elected to shift its business focus from hazardous waste field services to the fast growing water treatment and waste-to-energy markets. “After lengthy review and analysis of GEM’s opportunity in the environmental management business, the board has elected to adopt management’s recommendation that we move our focus to water treatment and waste-to-energy markets,” stated Tim Koziol, GEM’s Chief Executive Officer. “While we believe that we could work through the current economic downturn and build revenue in our field services business, we believe that shareholders will be…

FridaySep 11, 2009 2:43 pm

Savoy Energy Corp. (SNVP.OB) Finds a Profitable Niche in the Oil Industry

Savoy Energy Corp. currently performs recompletion and workover activities on wells in Texas. The company identifies and acquires abandoned oil and gas assets and brings them back into production using effective, low-cost methods. The company is focused on recovering oil in wells that has been “left behind.” There are many such oil fields all over the United States which have been closed with oil trapped inside as it was uneconomical to extract further oil from the well at the time. Such activities should be profitable for Savoy Energy, a company with low overhead, an efficient cost structure and effective technologies…

FridaySep 11, 2009 2:09 pm

Muscle Flex, Inc. (MFLI.PK) Signs Comprehensive Agreement with Houston PAD

Muscle Flex Inc. is a leading edge fitness, health and lifestyle company that develops new brands and products to market using direct response TV advertising and infomercials. The company also uses cutting edge brand and image marketing through the creation of television media content for network and cable television distribution. The company announced today that it has signed a comprehensive agreement with Houston PAD, master distributor of VATA Brasil OneFit Active Wear, to market an exclusive Muscle Flex by VATA Brasil Women's Sports & Active Wear Collection, a co-branded Muscle Flex VATA Brasil Collection as well as the full VATA…

FridaySep 11, 2009 1:52 pm

Continucare Corp. (CNU) Recognizes 52% Increase in Net Income for Q4 FY2009

Today, Continucare Corporation announced its financial results for its fourth quarter and fiscal year ended June 30, 2009. Total revenue for the fourth quarter increased 14% to $75.3 million, compared to $66.1 million for the same period during fiscal 2008. Net income increased 52% to $4.8 million, or $0.08 per diluted share, compared to $3.2 million, or $0.05 per diluted share. For the fiscal year ended June 30, 2009, total revenue increased 11% to $281.3 million compared to $254.4 million in the prior fiscal year. Net income for fiscal 2009 totaled $15.3 million, or $0.24 per diluted share, compared to…

FridaySep 11, 2009 1:46 pm

Vital Products, Inc.’s (VTPI.OB) Biofill to be Validated by Automotive Parts Supplier

Vital Products, Inc., a multi channel innovator in the industrial packaging sector, announced earlier today that a major automotive parts supplier is in the process of validating its Biofill foam packaging material. Vital Products Chief Executive Officer, Michael Levine stated, "This automotive parts supplier has three manufacturing facilities and supplies customer needs thought North America. This is a significant step for us and continues to validate our product." Mr. Levine added, "Initial analysis over the next four weeks will determine the technical requirements and provide our engineers the information required for implementation into the suppliers plant environment. We expect an…

FridaySep 11, 2009 1:43 pm

Access Pharmaceuticals Inc. (ACCP.OB) Inks Marketing and Distribution Agreement for its FDA-approved Mucositis Treatment to Alleviate Cancer Therapy Side-effects

Access Pharmaceuticals Inc. develops and commercializes proprietary products for the treatment and care of cancer patients. The company today announced an agreement with commercial manufacturer Accupac Inc. to produce and distribute Access’ FDA-approved MuGard in the North American market. MuGard is a mucoadhesive oral wound rinse for patients in radiation and chemotherapy that often-time develop mucositis, or the inflammation of mucous membranes along the lining of the digestive track, including the mouth. The company says the market for treating oral mucositis is estimated at $5 billion worldwide. "Access is moving forward with the development of MuGard in North America," Jeffrey…

FridaySep 11, 2009 12:15 pm

Simulated Environment Concepts, Inc. (SMEV.PK) Sells Quality Of Life

Simulated Environment Concepts, Inc. is a Florida based company that has found success in the skyrocketing growth of massage therapy. Not the massage provided by a massage therapist, but rather the kind provided by those increasingly popular high-tech water-based massage capsules you see popping up everywhere. But Simulated Environment has gone further with the introduction of its SpaCapsule®, an advanced self-contained full body massage system with a number of innovative features. Invented by a chiropractor, the SpaCapsule offers far more than just a standard water jet massage. Its 9’ x 3’ futuristic shell contains a unique fusion of modern technology…

FridaySep 11, 2009 12:09 pm

Maxygen, Inc. (MAXY) is “One to Watch”

Maxygen, Inc. (NASDAQ: MAXY) is committed to developing superior versions of existing major protein pharmaceuticals. The company’s lead product candidates meet the demands of substantial market opportunities such as cancer and autoimmune diseases. Well positioned for growth, Maxygen has a number of promising product candidates and the financial strength required to drive them through clinical development. Maxygen currently has three protein pharmaceuticals advancing towards clinical development. Behind its product candidates, the company has developed a broad pipeline of other human therapeutics products that are in earlier stages of development. In addition to these, Maxygen also believes its proprietary technologies could…

FridaySep 11, 2009 11:51 am

Evergreen Solar, Inc. (ESLR.OB) Launches New Line of Solar Panels for the Off-Grid Market

Evergreen Solar, Inc. is a young company that has been gaining national attention with its STRING RIBBON solar products that feature proprietary, low-cost silicon wafer manufacturing technology. Today, Evergreen took a major step towards enhancing its future with the announcement that they are going to introduce its new ES-C Series solar panels. These solar panels are designed to substantially expand the company's offering for the global off-grid market. This new line of 80, 120 and 125 W panels will be manufactured by Evergreen Solar's contract manufacturing partner, Jiawei Solarchina Co., Ltd., using cells supplied by Evergreen Solar. The ES-C Series…

FridaySep 11, 2009 11:30 am

Clenergen Corp.’s (CRGE.OB) $1.2 Billion Contract to Supply Clean Power to India

Earlier this year, Clenergen Corp. announced its first major power purchase agreement with the Power Trading Corporation (NASDAQ: PTC) of India for the purchase and sale of 71 MW of power, which is to be generated by Clenergen's new biomass based power project in Tamilnadu. This purchase agreement has a value of up to $80.0 MM USD per year for 15 years, totaling to $1.2 Billion. Clenergen India's Honorary Chairman Dr. Arvind Pandalai, who has helped formulate various policies of the Government of India over a 32 year career, believes that his home country is the ideal place for Clenergen…

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