Blog - Page 4065 of 5771

WednesdayDec 23, 2009 1:22 pm

Small Cap Voice Featured Company: Allegiant Professional Business Services Inc. (APRO.PK)

Allegiant Professional Business Services Inc. is focused on providing financial services to small and medium-size businesses. The company relieves its clients from many of the day-to-day tasks that negatively impact their core business operations, such as payroll processing, human resources support, workers' compensation insurance, safety programs, employee benefits, and other administrative and aftermarket services predominantly related to staffing. The company recently authorized the repurchase of up to an aggregate of 15,000,000 shares as market and business conditions warrant. David Goldberg, CEO and Chairman of Allegiant, believes that the current valuation of Allegiant's common shares makes the repurchase of its own…

WednesdayDec 23, 2009 12:46 pm

Atlas Pipeline Holdings Ltd. (AHD) Gets Upgraded as Natural Gas Begins to Move in Volume and Price

Often investors look at the end product or how that product is manufactured as a way to profit. How that product actually gets to where it is sold is often passed by. Some sectors use trucks to move their products and find increased costs. Others use slightly more efficient methods such as rail transport. A method not often thought about is pipeline and oil/natural gas. Companies do actually specialize in moving natural gas and oil, processing it and getting it to market. One needs to investigate where the product is coming from and going to, but reliable profit can be…

WednesdayDec 23, 2009 11:04 am

BioLife Solutions, Inc. (BLFS.OB) Receives Quality Systems Certification

Leading biopreservation tools specialist, BioLife Solutions, Inc., announced today that it has successfully completed audits of its quality systems and GMP production facility in Bothell, Washington. The audit, completed by BSI Group, has resulted in the company’s certification to ISO 13485:2003. The certification is an international standard for quality systems supporting the design, development, and manufacture of medical devices. In addition to announcing the new certification, the company also stated that its manufacturing facility and quality systems adhere to 21 CFR Part 820 - Quality System Regulation for Good Manufacturing Practices (GMP) of medical devices, 21 CFR Parts 210 and…

WednesdayDec 23, 2009 10:57 am

Aquentium, Inc. (AQNM.OB) Announces Appointment of Managing Director for Latin America Operations

Aquentium Inc. is a company whose strategy is to bring green technologies to the global marketplace. The company today announced the appointment of Mr. Manfredo Ferrada as managing director of Central and South America business and development of Aquentium advanced technologies to produce algal fuels, algal co-products and production technology systems. Mr. Ferrada is an international cluster development expert with experience in developing overseas structures. He also has strong knowledge of green technologies and renewable energy sources as well as micro crops technologies. Mr. Ferrada has been connected to clean technologies and oxygen applications for over a decade. The base…

WednesdayDec 23, 2009 10:20 am

Small Cap Voice Featured Company: Kender Solar, Inc. (KNDR.PK)

Kender Energy Inc. is a development stage company with a key focus on solar energy. The company’s solar panel prototypes are currently being developed into a full-scale solar energy production system. Kender aims to provide clean, green energy at the world’s lowest energy prices. Solar energy is increasingly becoming competitive with production costs having been divided by a factor of 10 in 30 years. It is estimated that between 2010 and 2015 solar energy will be cheaper than oil and nuclear. The company’s 5-year target is to have 8,000 devices in operation producing the equivalent power of 312MW. Mr. Sean…

WednesdayDec 23, 2009 9:31 am

Li3 Energy, Inc. (LIEG.OB) Completes Final Phase of Offering

Li3 Energy, Inc. completed a private placement offering of 1.76 million units to a group of accredited and institutional investors at a price of $0.25 per unit. The company raised $440,000 in gross proceeds in this phase of the offering. Li3 Energy, Inc. said there was strong demand for the offering. The entire private placement consisted of the sale of 14 million units, raising $3.5 million in gross proceeds. The units issued by Li3 Energy, Inc. consisted of one share of common stock and two warrants. The first warrant entitles the holder to purchase one half of a share of…

WednesdayDec 23, 2009 9:29 am

First Bankshares, Inc. (SUFB) Completes Merger with Xenith Corporation

First Bankshares, Inc. (SUFB) has completed its merger with the Xenith Corporation. The combined companies will now operate as Xenith Bankshares, Inc. under a bank holding company structure. First Bankshares, Inc. shareholders received $9.23 per share for a prorated 49% of shares that were validly voted in favor of the merger. All other shares of First Bankshares, Inc. were converted to shares of Xenith Bankshares, Inc. at a one to one ratio. Shareholders of Xenith Corporation received 0.87 shares of Xenith Bankshares, Inc. in exchange for each share owned. Xenith Bankshares, Inc. will trade under the new symbol XBKS on…

WednesdayDec 23, 2009 9:27 am

AGR Tools, Inc. (AGRT.OB) Announces Expansion of Distribution Network into the Tennessee Market

AGR Tools, Inc., a major supplier of diamond tools and adhesives, recently announced that the company has expanded its distribution network into Nashville and the Middle Tennessee markets, a multimillion dollar diamond tool market. Representing an important step in achieving the expansion objectives the company has outlined for 2009, this new territory adds to AGR’s growing list of distribution centers throughout North America, which now totals 22 distribution outlets in 15 states and provinces in the United States and Canada. AGR is the only major manufacturer of diamond tools that markets and distributes its products directly to customers in the…

WednesdayDec 23, 2009 9:20 am

eDoorways Corp. (EDWY.PK) Announces Successful Completion of Stress Tests on “SOLVE” Beta v1.0

eDoorways Corporation announced that it has completed the primary series of stress tests on the first beta version of its "SOLVE" doorway. Only the user acceptance test remains to declare the platform "road ready," According to the press release, Kimmons and his leadership team were abuzz with excitement last night as they looked forward to this morning's peer review. Gary Kimmons, Chairman & CEO of eDoorways Corporation, stated, "We have put the platform through many rigorous paces, and it has performed up to the expectations we've envisioned for our first version of the 'SOLVE' beta. For the past two years…

TuesdayDec 22, 2009 4:30 pm

Arrayit Corp. (ARYC.OB) Achieves Technological Breakthrough

Today, life sciences and healthcare technology leader Arrayit Corporation announced that they recently made a technological breakthrough in the speed and efficiency in the manufacturing of its proprietary microarrays. The advance allows highly precise printing of as many as 2.4 million microarrays per year with a single robotic workstation, a significant increase over the current annual capacity of 640,000 microarrays per instrument. Todd Martinsky, Arrayit Executive Vice President and Co-Founder, commented, "This technological advance represents an engineering tour de force that combines our expertise in laboratory automation, linear drive robotics, micromachining, surface chemistry and contact printing. Leveraging our core tech…

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