Blog - Page 4059 of 5550

ThursdayMay 07, 2009 8:48 am

China North East Petroleum Holdings, Inc. (CNEH.OB) Signs New Well Drilling Contract

China North East Petroleum Holdings, Limited, a leading oil producing company in Northern China, announced that it has signed a new well drilling contract with a local primary drilling company, Songyuan Huaying Drilling and Service Company. The well drilling contract includes an additional 48 wells to be drilled over the next 10 months. According to the press release, the drilling work is scheduled to start within a week. After the project is completed, China North East Petroleum’s number of producing wells will total up to 303. "Signing this additional well drilling contract further demonstrates the management's confidence in the operational…

ThursdayMay 07, 2009 8:40 am

Adventure Energy Inc. (ADVE.OB) Commences Operations on Appalachian Basin Leasehold

Adventure Energy Inc. is an energy exploration company operating in the Appalachian Basin, seeking out mature long-lived oil and natural gas properties for further development. The company today announced it has started its drilling program on the JL Blaydes leasehold in Metcalfe County, Ken., and will continue drilling throughout the upcoming week. The company estimates the depth of drilling to be 1,800 feet, and will allow it to test the Knox Formation. The four remaining wells on the site have been prepared as well, and are ready for initial drilling. Wayne Anderson, president of Adventure Energy, said the commencement is…

ThursdayMay 07, 2009 8:38 am

SinoHub, Inc. (SIHI.OB) Gets Major Financial Vote Of Confidence

SinoHub, Inc., the growing China-based electronic supply chain management services company, today announced a dramatic vote of confidence from the financial market in the form of a $6.4 million bank line. The new line is being made available through the Shenzhen branch of the Hangzhou Bank, and is expected to be used for continued expansion of SinoHub’s electronic component procurement fulfillment and component sales business lines in China. Under the terms of the agreement, Hangzhou Bank will issue Letters of Credit (LC) to SinoHub Shenzhen, with a 20% cash deposit requirement on all LCs. The bank will issue LCs to…

ThursdayMay 07, 2009 7:26 am

Advanced Life Sciences Inc. (ADLS.OB) Finds Itself in a Position to Capitalize on New Pharmaceutical

The bioscience research sector is a risky and interesting one. Millions of dollars need to be put up in advance for a potentially lucrative pay-off. Getting there, however, is the trick as there is absolutely no guarantee that the product will be approved, or for that matter, actually work as hoped. Herein lies the issue, how to fund a project, make the product work and get it approved and marketed. If a company can pull each of these rabbits from the hat, its investors will profit handsomely. Advanced Life Sciences Inc., a biopharmaceutical company, works to manufacture and market pharmaceuticals…

ThursdayMay 07, 2009 7:15 am

New Generation Biofuels Holdings, Inc. (NGBF) Signs Agreement with City of Baltimore

New Generation Biofuels Holdings, Inc. announced today that it has entered into a contract with the City of Baltimore, Maryland to provide its renewable biofuel in an evaluation program for boiler applications. According to the company, this is the first time the City has evaluated a non fossil fuel in its industrial boilers. It is anticipated that the outcome of the evaluation will further validate New Generation Biofuels' product as a renewable biofuel which uniquely offers NOx and SO2 reductions as compared to traditional distillate products. The evaluation may also provide a platform for the City of Baltimore to expand…

ThursdayMay 07, 2009 6:45 am

Superlattice Power, Inc. (SLAT.OB) and the Electric Car

Superlattice Power, Inc. is a leader in the development and marketing of next-generation lithium-powered batteries worldwide. The company is working closely with EV Innovations (EVII.OB) to research and develop mass scale production of cathode superlattice nano and sub-micron sized structures for use in rechargeable lithium ion batteries. Lithium ion batteries are composed of cathode, anode, separator and electrolyte composed of lithium hexafluorophosphate (LiPF6) or different salts dissolved in non-aqueous solvent. A lithium ion battery is the primary source of a rechargeable storage system since it has the capability to provide the highest gravimetric and volumetric energy density. Perhaps the key…

ThursdayMay 07, 2009 6:16 am

QualityStocks Features Thresher Industries, Inc. (THRR.PK) CEO in Exclusive Interview

QualityStocks' audio interview with Thresher Industries, Inc. CEO Tom Flessner is now available. The complete interview can be heard at http://www.qualitystocks.net/videocharts.php?chartvid_id=321. During the 15 minute interview, Mr. Flessner provides an overview of the company, its target market, competitive advantages, “green” initiatives, and commentary on the recent positive coverage received from Grass-Roots-Research. He also explained how the recently introduced Nautilus Core System benefits the company’s customers. Thresher Industries, Inc. is also growing in this troubled economy while others are slowing their production. Mr. Flessner explains, “In Central California, the unemployment rate is horrific. We’re creating jobs here.” Mr. Flessner continues, “We’re…

ThursdayMay 07, 2009 6:07 am

The UpTurn, Inc. (UPTR.PK) Announces QualityStocks Coverage

The UpTurn, Inc. announced they will be featured in upcoming Daily Newsletters, Daily Blogs, and Message Boards. QualityStocks has over 750,000 subscribers to The Daily Stock Newsletter, which is a free service that collects data from hundreds of Small-Cap and Micro-Cap online Investment Newsletters and puts it all into one Free Daily Newsletter Report. The UpTurn, Inc. is focused on developing an innovative online real estate matchmaking exchange and social networking site where real estate market participants are matched with each other based on their individual profiles and intended roles in the market. TheUpTurn.com will serve all primary residential real…

ThursdayMay 07, 2009 6:00 am

Energtek, Inc. (EGTK.PK) Subsidiary Anticipates Reporting First Revenues in 2009

Energtek Inc., a leading developer of Adsorbed Natural Gas (ANG) technology, announced that its subsidiary Moregastech India Private Limited anticipates reporting its first revenues during the final quarter of this year. Moregastech India has a preliminary agreement for joint activities with an Indian entity that receives and distributes natural gas via India's existing pipeline infrastructure. Gas from the pipeline is to be transported to regional industrial and commercial consumers using Energtek's proprietary Low-pressure Mobile Pipeline (LMP(TM)) bulk transportation technology. Revenues will be generated from the distribution and sale of natural gas. Potential revenues, even for the relatively small projects foreseen…

ThursdayMay 07, 2009 5:41 am

Sector 10, Inc. (SECT.OB) Reveals Acquisition Growth Strategies and Signs Letter of Intent for First Acquisition

Sector 10, Inc. announced this morning that a reverse stock split restructuring was approved in order to pursue an acquisition and growth strategy designed to increase shareholder value and establish the company as the premier provider in the emergency response market. The reverse stock split is anticipated to provide more flexibility in future acquisition negotiations. The acquisition strategy provides for a structured deferred payment with common stock and/or cash to minimize potential dilution to current shareholders. Sector 10, Inc. also announced that it has entered into a Letter of Intent with Fairhaven International LLC to purchase the Operational Readiness, Command…

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