Blog - Page 4068 of 5707

FridayOct 16, 2009 12:25 pm

Omnicity Corp. (OMCY.OB) Brings the Web to Rural America

Omnicity Corp. hopes to do with the Internet what was done with electricity in the 1930s. Specifically, they hope to bring all of the benefits and capabilities of the Web to rural areas not currently served with broadband access. The goal is to build a nationwide wireless network that is able to deliver high-speed Internet access to rural subscribers in a more cost-effective way than traditional cable or fiber optic models. Currently, only 38% of rural households have broadband connections, versus 57% of urban homes and 60% of suburban homes. Most homes in rural areas cannot receive cable television or…

FridayOct 16, 2009 12:22 pm

Novo Energies Corp. (NVNC.OB) Executes 10-Year Supply Agreement for Tire Feedstock

Novo Energies Corp., through its wholly-owned subsidiary WTL Renewable Energy, plans to build, own and operate renewable energy plants throughout North America. Using a novel technology, these plants will transform residual plastics and tires into valuable liquid low carbon fuels such as diesel, gasoline and fuel additives. The company announced today that it has executed a ten-year supply contract to recycle tire feedstock with Colorado Tire Recycling LLC. Colorado Tire Recycling has agreed to supply tire derived fuel (TDF) chips to Novo for ten years beginning January 1, 2010. They will provide a minimum of 6,000 tons of TDF for…

FridayOct 16, 2009 10:46 am

Synergy Resources Corp. (SYRG.OB) Announces Completion of Drilling for Seven Wells Program

Synergy Resources Corporation has completed its drilling program in Weld County, Colorado, announcing finalization of the initial seven wells. Synergy, whose corporate offices are in Platteville, Colorado, is an up-and-coming exploration and production company for domestic oil and natural gas. The majority of the company’s footprint consists of the Denver-Julesburg Basin, which includes the 7th largest gas reserve field in the U.S. According to the wireline and drillpipe logging data from Halliburton on the Meyer #3, 5, 6, and 8 wells drilled by Synergy, excellent log response was achieved for both of the primary targets: the Codell formation and all…

FridayOct 16, 2009 10:45 am

PowerSecure International, Inc.’s (POWR) EfficientLights Expect 2009 Revenue for Refrigerated Case Lighting to Reach $20 Million

PowerSecure International, Inc., a leading provider of energy and smart grid solutions, recently announced that its EfficientLights refrigerated case lighting is being installed by major retailers, and the company expects revenues to reach $20 million for 2009, a growth rate of 650 percent over 2008. Over 100,000 EfficientLights fixtures have been installed year-to-date by major grocery, drug, and convenience store chains. PowerSecure’s EfficientLights reduce lighting energy costs by approximately 70%, decrease maintenance expenses and eliminate mercury-containing fluorescent lights. Bryan Beatenbough, president of EfficientLights, commented, “Our lights are built to deliver consistent, high-quality light over the long haul. An important element…

FridayOct 16, 2009 10:40 am

API Nanotronics Corp. (APIA.OB) Reports Record First Quarter Revenues of $9.2 Million and Completes Cryptek Acquisition for Expansion in Defense and Secure Communications

API Nanotronics Corp., a prime contractor for secure communications and electronic components to the global defense and aerospace industry announced operating results for the first quarter of fiscal 2010 ended August 31, 2009. Financial Highlights: -- Net revenue for the first quarter of fiscal 2010 was $9.2 million, a 16% increase over fiscal 2009 first quarter revenue of $7.9 million. This revenue includes the contribution from Cryptek as at the date of the acquisition on July 07, 2009; -- First quarter Gross Profit increased to $2.3 million in the first quarter of fiscal 2010 compared to $2.1 million in the…

FridayOct 16, 2009 10:36 am

Simulated Environment Concepts, Inc.’s (SMEV.PK) SpaCapsule Massage Services a Must for Many Hotels

In a poll commissioned by the American Massage Therapy Association, 90% of those believe that massage can be beneficial to your health and 73% of those polled would recommend massage therapy to someone that they know. This poll is just an indication of the growing market of health-conscious people who see the benefits of having a regular massage. In addition, there are always people either on vacation or a business trip who just want to relax and unwind. Add these factors together and business in the travel and leisure industries, like hotels, are coming to believe that having massage services…

ThursdayOct 15, 2009 2:39 pm

Poly-Pacific International Inc. (PLYPF.OB) Announces Joint Venture to Address Environmental Concerns Associated with Abandoned Oil and Gas Wells

Poly-Pacific International Inc. is a company engaged in eco-friendly solutions for soil remediation. The company today announced a joint venture with CREEnergy Oil and Gas Inc., in which both companies will emerge with equal ownership of newly formed Poly Cree Remediation (PCR), a company created for soil remediation on abandoned oil and gas wells. "The reclamation and restoration of abandoned oil and gas drill sites is an excellent addition to the company's mission of being an innovator of eco-friendly solutions to industrial waste by-products," Randy Hayward, president of Poly-Pacific stated in the press release. "We look forward to a close…

ThursdayOct 15, 2009 1:58 pm

Carbon Sciences, Inc. (CABN.OB) Launches New Video

Carbon Sciences Inc., a leading developer in technology to reduce carbon dioxide emissions, unveiled a new video that explains the inspiration for the company’s leading CO2-to-Fuel technology and their nano-engineering innovations. Byron Elton, CEO, stated, "A video is worth a million words. The potential of our technology has been enthusiastically received since we announced it last year. This video helps people visualize the actual process and demystifies all the discrete innovations within our breakthrough technology." The six-minute video, “Carbon Sciences: A Breakthrough Technology to Recycle CO2 into Fuel", takes viewers on a journey that explores the world of microorganisms and…

ThursdayOct 15, 2009 1:55 pm

Uranium Energy Corp. (UEC) to Purchase South Texas Mining Venture

Uranium Energy Corp. was pleased to announce that it has entered into an agreement with URN Resources Inc., a subsidiary of Uranium One Inc., and an agreement in principle with Everest Exploration Inc., to collectively acquire a 100% ownership interest in the South Texas Mining Venture, L.L.P. (STMV), a Texas limited liability partnership. Uranium Energy has already entered into a Securities Purchase Agreement with South Texas Mining Venture. This purchase agreement will grant both Uranium Energy and URN Resources a 99% interest in South Texas Mining Venture’s common stock. Further, Uranium Energy Corporation has agreed to issue 2,500,000 shares of…

ThursdayOct 15, 2009 1:47 pm

Capital Gold Corp. (CGLD.OB) Reports 29% Increase in Revenues and 64% Increase in Net Income for Fiscal Year 2009

Capital Gold Corp. reported a 64% increase in net income and a 29% increase in revenues for the fiscal year ended July 31, 2009, as compared to the previous year. Royalties represented approximately $41 and $52 of both cash and total costs per ounce sold for the years ended July 31, 2009 and 2008, respectively. "Cash costs per ounce sold" is a non-GAAP measure which includes all direct mining costs, refining and transportation costs, by-product credits and royalties. "Total cost per ounce sold" is a non-GAAP measure which includes "cash costs per ounce sold" as well as depreciation and amortization.…

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