Blog - Page 3997 of 5436

ThursdayMar 05, 2009 6:20 am

GTX Corp. (GTXO.OB) Accelerates Go-To-Market Strategy, Adds Technological Visionary and Former Apple CEO to the Team

GTX Corp. announced this week that it is accelerating its "go-to-market" strategy through product expansion and the addition of Dr. Gilbert Amelio of Alteon Capital Partners as a Strategic Advisor. The number of people subscribing to wireless communication services has been increasing every year. In fact, the number of mobile handsets is projected to surpass four billion in 2011 according to Wireless Intelligence, the GSMA's market intelligence unit. As this number continues to grow, so will the number of handsets that have GPS and positioning capability. GTX Corp is implementing an aggressive plan to capitalize on this burgeoning opportunity by…

ThursdayMar 05, 2009 5:43 am

AM Oil Resources & Technology Inc. (AMOR.OB) Sets its Sights on the Bakersfield Oil Industry

AM Oil Resources & Technology Inc. announced yesterday after the closing bell that the company has targeted the Bakersfield, California oil industry as its initial target market. Surrounded by the prolific Kern River County oilfields, Bakersfield is an oil, mining, and agricultural center at the southern end of the San Joaquin Valley in South central California. Kern County is home to 18 giant oil fields that have produced more than 100 million barrels of oil each, including four "super giants" that have each produced over 1 billion barrels of oil. According to the San Joaquin Geological Society, approximately 31,000 oil…

ThursdayMar 05, 2009 5:02 am

Nexia Holdings, Inc. (NXHD.OB) Agrees to Acquire $500,000 of ARIO Preferred Stock

Nexia Holdings, Inc. announced that it has signed an agreement with AmeriResource Technologies, Inc. (ARIO.PK) to exchange 100,000 shares of its Series C Preferred Stock, with a stated conversion value of $500,000, for $500,000 of ARIO preferred stock. The transaction is anticipated to take place in the next 7-10 days. Nexia also told investors that it anticipates agreeing to similar exchanges in the coming months. CEO Richard Surber stated, "I am involved in discussions with up to six other entities that are interested in carrying out similar exchanges with Nexia. Such exchanges will broaden the portfolio of companies in which…

WednesdayMar 04, 2009 1:41 pm

eSolar, Inc. Signs $30 Million Agreement with ACME Group

eSolar, manufacturer of scalable, modular solar power collection plants, reported today the signing of an exclusive agreement with the ACME Group, one of India's leading environmentally-conscious energy companies. eSolar utilizes specialized solar thermal energy technology to derive power from the sun. Traditional solar power uses costly photovoltaic panels to convert the sun's light directly into electricity. eSolar's lesser-known thermal method uses concentrated sunlight to heat water, the steam from which then powers a turbine generator. This cost-effective technology has made eSolar one of the first companies to allow solar energy to compete with fossil fuels. The liscensing deal will allow…

WednesdayMar 04, 2009 12:13 pm

Squeezing The Orange

In marketing, an existing customer is considered far more valuable than a new prospect. That’s because it costs a lot of money to get a new customer, while an existing customer is already there, a proven commodity, someone with money who likes your product enough to have actually purchased it before. Businesses depend upon their existing customer base for most of their revenue, and spend a lot of money cultivating that base. An increasing number of people now believe that the same approach should be applied to oil production. Instead of spending billions of dollars trying to uncover new sources…

WednesdayMar 04, 2009 10:46 am

The Center For Wound Healing, Inc. (CFWH.OB) is “One to Watch”

The Center For Wound Healing, Inc. is a leading manager of comprehensive wound-care treatment centers. These centers offer hyperbaric oxygen therapy (HBOt) and traditional wound-care treatments. Headquartered in Tarrytown, New York, the company is part of the Specialized Health Services industry in the Healthcare sector. In partnership with local acute care hospitals, The Center For Wound Healing manages 35 wound care centers in the eastern United States. The Company recently procured an $8 million working capital and term loan facility with Signature Bank. This replaces a $6 million line they previously had with the bank. Founded by physicians in 1997,…

WednesdayMar 04, 2009 10:25 am

Cienega Creek Holdings, Inc. (CCKH.OB) Announces Completion of Share Buyback and Announces Strategic Business Changes

Cienega Creek Holdings, Inc. was pleased to announce today that it has completed a privately negotiated stock repurchase agreement for 75% of the company's outstanding stock. As terms of the agreement, the company acquired 7 million shares from the estate of its former director and retired the shares through cancelation. This action substantially reduced the number of outstanding shares. The company now has 2,294,250 outstanding shares, 895,250 of which are free-trading and unrestricted. Michael Klinicki, president of the company, commented, "Shareholder value was the driving force behind the purchase. We are committed to providing our shareholders with the very highest…

WednesdayMar 04, 2009 10:20 am

Worldwide Energy and Manufacturing USA, Inc. (WEMU.OB) Applies for Chinese Patents Designed to Improve Solar Panel Technology

Worldwide Energy and Manufacturing USA, Inc. (OTCBB: WEMU) announced that it has filed applications for eight Chinese patents in solar module technology that aim to improve voltage receiving capacity and the production process as well as increase power output and enhance design. CEO Jimmy Wang commented, "We are extremely proud of the technologies developed around these patents applications. Our technology provides us with a number of competitive advantages, including more efficient and longer-lasting modules, which saves the end-user both time and money in the long-term. We also believe that our phenomenal growth over the last 12 months in our solar…

WednesdayMar 04, 2009 10:14 am

Beacon Equity Research Featured Company: EcoloCap Solutions Inc. (ECOS.OB)

Headquartered in Montreal, Quebec, Canada, EcoloCap Solutions Inc. offers innovative and integrated business solutions to help combat climate change. Trading on the OTCBB, the company focuses on the commercial development of green energy projects in emerging economies. Asia is a place they are placing much emphasis on currently. EcoloCap Solutions sees an opportunity for the development of renewable, sustainable energy sources because of rising energy costs, climate change concerns, and the need to reduce greenhouse gases. EcoloCap is focusing on projects that qualify for Carbon Emission Reduction credits (CERs) registered under the Clean Development Mechanism (CDM) of the United Nations'…

WednesdayMar 04, 2009 9:58 am

PolyMedix Inc. (PYMX.OB) to Showcase its Staph-Fighting Compound to the Gordon Conference on Antimicrobial Peptides in California

According to the Centers for Disease Control and Prevention, Staphylococcus (staph) bacteria are one of the most common causes of skin infections in the United States. Staph is found in high-traffic facilities such as hospitals, gyms and schools. Some types of the bacteria are drug resistant, generating the need for strict sanitary regulations, as well as the need for the development of treatment to combat bacteria resistant to drugs. PolyMedix Inc. (PYMX.OB) focuses on the development of products to treat infectious diseases such as staph, as well as acute cardiovascular disorders. The company today announced it will present information of…

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