Blog - Page 4092 of 5598

ThursdayMay 28, 2009 6:52 am

Power Medical Interventions® (PMII.OB) Receives 510(k) Clearance to Market iDrive Intelligent Power Unit™ with iConsole™

Power Medical Interventions®, Inc. (PMII.OB), the world's only provider of computer-assisted, power-actuated surgical cutting and stapling products, announced yesterday that the company has received clearance from the U.S. Food and Drug Administration (FDA) for its 510(k) application for marketing iDrive Intelligent Power Unit™, a detachable Intelligent Surgical Instruments and iConsole™. As a leader in developing and commercializing Intelligent Surgical Instruments™, Power Medical Interventions intends to launch the iDrive, Intelligent Surgical Instruments and iConsole products for commercial sale, effective immediately. The iDrive is designed to support a variety of minimally invasive procedures by offering surgeons a broad range of cutting configurations…

ThursdayMay 28, 2009 6:08 am

Cytori Therapeutics (CYTX) Announces Publication of Cardiovascular Preclinical Study

Cytori Therapeutics announced today before the opening bell that the first preclinical study to demonstrate adipose-derived stem and regenerative cells (ADRCs) significantly improved cardiac function after a heart attack has been published. This preclinical study was reported online ahead of print in the International Journal of Cardiology. Funded by Cytori Therapeutics, the study was conducted at Tulane University. “Treatment of cardiovascular disease, which places one of the greatest burdens on our healthcare system, could be revolutionized by cell therapy,” stated Marc H. Hedrick, M.D., president of Cytori. “We observed a statistically significant improvement in heart function that contributed to our…

ThursdayMay 28, 2009 5:47 am

Sector 10, Inc. (SECI.OB) Appoints Director of Business Development

Sector 10, Inc. announced today that it has appointed Mr. Patrick B. Love to Director of Business Development. In his new position, Mr. Love will serve as the primary external contact for Sector 10 in Business Development. He will be working with both the investor and lending communities and will report to the Chief Operations Officer. In addition, Mr. Love will be focusing on introducing new technologies, methodologies, and strategies with partner companies that he will be identifying and establishing relationships with. He has already begun working with Sector 10 in formulating a 5-year Business Development Strategic Plan and believes…

ThursdayMay 28, 2009 5:34 am

Energtek Inc. (EGTK.PK) Announces First of $1.5M Investment by EGFE DM Ltd.

Energtek Inc., a world leader in the development of Adsorbed Natural Gas (ANG) technology, announced this morning that it has received the first installment of a $1,500,000 USD investment agreement recently signed with EGFE DM Ltd. The $150,000 tranche is the first of ten such tranches to take place over the next 12 months. Under the terms of the Letter of Intent signed by the two companies, Energtek will grant EGFE restricted shares of common stock in return for the investment. The investment of each tranche will take place at $0.30 per share or at a ten percent discount on…

ThursdayMay 28, 2009 5:08 am

Kraig Biocraft Laboratories, Inc. (KBLB.OB) is on the Verge of Unlocking Exciting Technology

We have been covering Kraig Biocraft Laboratories since December of last year. Those who have read our articles understand why we are excited about this company’s prospects to develop a “super fiber” that can be sold into the technical textiles industry. This super fiber, spider silk, has truly remarkable properties and may have numerous commercial and consumer applications. Currently Kraig Biocraft is in the research and development stage, but has been making excellent progress in the labs and is now capable of accomplishing five thousand genetic transfers in a single week using its newly designed DNA insertion packets. Additional lab…

WednesdayMay 27, 2009 12:30 pm

Solar Energy Initiatives, Inc. (SNRY.OB) is Committed to Revolutionizing the Energy Industry

Solar Energy Initiatives was founded with the purpose of executing a grass roots campaign, “RENEW THE NATION”, to help redeploy a portion of the U.S. work force and reduce the world’s dependence on fossil fuels by selling solar thermal and photovoltaic (PV) technologies. Since acquiring the assets of Solar Energy, Inc. last year, the company has rapidly expanded its dealership network bringing many newly trained solar contractors to the growing marketplace. Solar Energy Initiatives aims to integrate and sell solar thermal and photovoltaic technologies while building a profitable company. Although the company's focus is on providing wholesale solar equipment to…

WednesdayMay 27, 2009 9:33 am

Superlattice Power, Inc. (SLAT.OB) Tops Battery History

Superlattice Power, Inc. is all about improving on a concept that has a history of well over two centuries, yet a concept that may be vital to future world development. Many historians would argue that it began in 1748, when none other than Benjamin Franklin first used the word “battery”. He was using it to describe a series of glass and lead plates he had developed, which, when charged, fired off a substantial spark, much like a battery of guns. But it was the early Italian physicist Alessandro Volta who, in 1800, developed the first practical electric cell, a collection…

WednesdayMay 27, 2009 9:26 am

Axial Vector Energy Corp. (AXVC.PK) Recruits Muse Stancil for Independent Review of Crude Oil Upgrading Technology

Axial Vector Energy Corp. (AVEC) focuses on the international engine and global energy markets by providing technology solutions for military, industrial and commercial applications. The company earlier this month announced that Muse Stancil will execute an independent review for AVEC’s Oxidating Desulphurization and Heavy Crude Oil Upgrading technology, which the company acquired through its joint venture (PETRO AVEC) with Petrosonics LLC. Muse Stancil is a global consulting firm, focused on the energy industry, offering solutions for a variety of issues. Per its agreement with AVEC, Muse Stancil will evaluate the technology to determine the most effective commercialization strategy, as well…

WednesdayMay 27, 2009 9:22 am

Avalon Oil & Gas, Inc. (AOGN.OB) Has Numerous Oil & Gas Properties

Avalon Oil & Gas Inc. is an independent domestic oil and natural gas producer. The company's strategy is to use efficient reservoir maintenance and innovative technology to generate stable cash flows and production from a portfolio of oil and gas lease properties in Texas, Oklahoma, Louisiana and Arkansas. Here is a brief overview of some of Avalon Oil & Gas properties: In Miller County, Arkansas, Avalon owns a 50% working interest in the Dixon Heirs #1, Deltic Farms & Timber #1, and Gunn #1 wells along with associated units and leases. These are mature wells, originally drilled in the 1980s,…

WednesdayMay 27, 2009 9:03 am

Oil Price Hits Six-Month High – Are We Headed Higher?

Today, the price of oil rose to a six-month high of $63.45 and the national average price for a gallon of regular unleaded gasoline rose to $2.655. In the last month alone, the price for a barrel of light crude oil increased approximately 25%. Is this the peak of the rally or should we expect even higher prices? According to Saudi oil minister Ali al-Naimi, prices will keep increasing since demand is "picking up, especially in Asia". Nuaimi said, “You bet we're seeing it (increased demand) from some of our customers for more oil and we're providing it… There is…

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