Blog - Page 4050 of 5671

WednesdaySep 30, 2009 11:54 am

Magnum D’Or Resources, Inc. (MDOR) Fat Contracts Prompt Personnel Additions

Magnum D'Or Resources, Inc. is an innovator in rubber reprocessing with the logistical capacity to easily satisfy its 5-year, $131.2 million in open contracts for the production of rubber buffings and nuggets. However, as Magnum President and CEO Joseph Glusic recently stated, the infrastructural expansion this capital represents demands the immediate retention of several key personnel. • Dr. Hugh Campbell, Engineering and Science • Curtis Basner, Operations and Procedure • Thomas Hillmer, Environmental Compliance • Paul Miles, Quality Assurance • Donald Kot, Transportation and Procurement • Donald Brinkmann, Architectural Design and Construction Glusic expressed his excitement to be working with…

WednesdaySep 30, 2009 11:30 am

Omnicity Corp. (OMCY.OB) is “One to Watch”

Omnicity Corp. provides broadband access, including advanced services of voice, video and data, in un-served and underserved small and rural markets. The company aims to be the premier consolidator of rural market broadband nationwide. Leveraging management expertise, Omnicity’s strategy is to provide a total broadband solution and continue rapid growth through acquisitions, organic growth and partnerships with Rural Electric Municipal Cooperatives and Rural Telephone Companies. The company’s target markets are locations better suited to wireless transmissions than traditional hard-wire operators. It has been estimated that at least 40 million rural and small market homes, businesses, government agencies and schools have…

WednesdaySep 30, 2009 10:45 am

Hana Biosciences, Inc. (HNAB.OB) Attacks Pediatric Cancer

If there is one disease that has plagued our country and people across the globe, it would be cancer. Perhaps there is not a more tragic situation than when a child is stricken down with the deadly disease. One company is trying to make headway into Pediatric Cancer. That company is Hana Biosciences. The San Francisco based Hana Biosciences is a biopharmaceutical company that has dedicated their resources and time to developing and commercializing new and differentiated cancer therapies with a plan to improve and enable standards of care amongst cancer patients. Hana took a major step towards achieving this…

WednesdaySep 30, 2009 10:41 am

Classic Costume Company, Inc. (CCUC.OB) Reports $534K in Orders from Operations of Subsidiary Imperial Coach Works, Inc.

Classic Costume Company, Inc., a business development, marketing and manufacturing conglomerate focused on providing 100 percent electric vehicle and powertrain technologies, recently announced that the company received $534K in signed purchase orders from Imperial Coach Works, Inc. for the months of July and August 2009. Completion of these purchase orders is estimated to take place within 60 to 90 days from date of execution and will be reported as actual revenues in the fourth quarter report of this year. Working to build a dominating presence in the aftermarket automotive up-fitter segment, including “Pure Electric” vehicles, limousines, other livery, specialty fleet…

WednesdaySep 30, 2009 10:40 am

Anavex Life Sciences Corp. (AVXL.OB) Contracts FORENAP for Clinical Trials of Their Alzheimer’s Drug

Swiss-based drug company Anavex Life Sciences Corp. announced today that they have selected FORENAP Pharma as the contract research organization for Phase 1 clinical trials of ANAVEX 2-73, the company's lead Alzheimer's drug candidate. FORENAP has been involved in pre-clinical and clinical research for 20 years and is renowned for its expertise in central nervous system studies, including Alzheimer's disease. FORENAP will perform study setup, protocol review, site monitoring and project management for the trials. Rudy Luthringer, CEO of FORENAP, said, “We look forward to running a high-quality and cost-effective program as Anavex works to confirm its pre-clinical findings in…

WednesdaySep 30, 2009 10:38 am

Data Call Technologies, Inc. (DCLT.OB) Expands Its Network

In a time of general business contraction, Data Call Technologies Inc., key provider of real-time content for digital signage, has once again extended its market. The company recently announced that it is now delivery its digital signage products to Kingston, on the island nation of Jamaica. The move is seen as the latest step in Data Call’s ongoing Caribbean and European initiatives, and just the beginning of a major global outreach. Jim Ammons, Data Call Technologies Chairman, commented, “We’re truly excited that our products are now being provided in Jamaica. We expect strong continued growth in the Caribbean nations as…

WednesdaySep 30, 2009 10:32 am

Caraco Pharmaceutical Laboratories Inc. (CPD) Gets Back on Track in Generic Drug Market

Companies often stumble in certain areas only to come back stronger and more profitable as issues are addressed and overcome. In certain areas, this particular type of problem is more easily overcome then in others, especially when the profit potential is exceedingly large. The generic drug market is one such area and one that will be extremely profitable in coming years. Caraco Pharmaceutical Laboratories Inc., a generic drug manufacturer, works to provide generic drugs to a host of mass merchant pharmacy outlets, warehouses, wholesalers and distributors. The company offers a wide array of generic prescription drugs targeted at main stream…

WednesdaySep 30, 2009 10:24 am

Alexza Pharmaceuticals, Inc. (ALXA) To Raise $19 Million in Equity

Alexza Pharmaceuticals, Inc. announced a private placement equity offering of 8.1 million shares of common stock to several qualified institutional investors. The company will receive $2.4325 per share, or approximately $19.1 million in net proceeds. Alexza Pharmaceuticals also issued 7.3 million warrants as part of the deal. The warrants entitle the holder to purchase 0.9 shares of common stock at $2.77 per share. The warrants expire in seven years. Alexza Pharmaceuticals is developing a proprietary drug delivery technology called the Staccato® system. This technology vaporizes unformulated pharmaceutical drugs into an aerosol form that allows rapid systemic delivery through lung inhalation.…

WednesdaySep 30, 2009 10:01 am

XFormity Technologies, Inc. (XFMY.OB) Reports Record Financial Results for Year Ending June 2009

XFormity Technologies, Inc., a leading provider of technology services to multi-unit restaurant organizations, today reported its financial results for its fiscal year ending June 30, 2009. The report showed continued revenues and profits growing at a record pace. The company’s revenues for the year totaled $1,978,231 a 36% increase over the year ending June 2008 with revenues of $1,457,884. “We are very pleased with the direction of the company and with our continued revenue growth” stated Chris Ball XFormity’s CEO. There was also a significant improvement in net profit, with the annual net profit of $786,508 a 162% increase over…

WednesdaySep 30, 2009 8:31 am

Savoy Energy Corp. (SNVP.OB) Finds Profit in its Ability to React in Any Condition

Given the current state of the energy markets, being a large company is not necessarily a good thing. Flexibility is a distinct advantage. Mid and larger energy companies tend to focus on larger properties where capital costs can be extreme, limiting the ability to adapt to changing conditions. As the book says, “small is beautiful.” In a variable market, a company that can adapt quickly is one that will be profitable. Savoy Energy Corp., an oil and gas extraction company, works to extract and sell oil and gas primarily in the United States. The company recently signed agreements to explore…

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