Blog - Page 4092 of 5540

MondayMar 16, 2009 6:06 am

Micromem Technologies, Inc. (MMTIF.OB) Joins Norwegian EM Technology (NEMT) to Produce 3-D Electromagnetic Hydrocarbon and Mineral Survey Tool

Micormem Technologies, through its wholly owned U.S. based subsidiary Micromem Applied Sensor Technologies, Inc. (MASTInc), announced they have received a contract from Norwegian EM Technology AS to develop and deliver a three-dimensional electromagnetic tool to conduct resource surveys for discovering hydrocarbons and minerals. NEMT has chosen MASTInc to produce EM receivers based upon MASTInc’s technology and leadership in its vision of where magnetic sensing is headed. Marius J. Mes, engineering manager for NEMT stated, “NEMT needs a small, directionally sensitive magnetic sensor with sensitivity in the pico-Tesla range that allows a high sampling rate. This sensor needs to be combined…

MondayMar 16, 2009 5:29 am

Far East Energy Corp. (FEEC.OB) Announces Strategic Relationship to Develop CBM Resources

Today, Far East Energy Corporation announced that it has formed a strategic alliance with Arrow Energy International Pte Ltd., the Singapore-based international arm of Arrow Energy Ltd., a large Australian coalbed methane (CBM) producer. As agreed, Arrow will pay Far East US $8 million in cash, and Far East will assign to Arrow a 75.25% share of Far East's participating interest in the Qinnan Production Sharing Contract to develop CBM resources in the Shanxi province of China. Arrow will become the operator and fund all exploration costs during the exploration period, including Far East's remaining 24.75% participating interest, until Arrow…

MondayMar 16, 2009 5:09 am

ChinaTel Group, Inc. (CHTL.OB) Raises $300 Million

ChinaTel Group, Inc., a company offering high speed wireless broadband and telecommunications infrastructure engineering and construction services, announced that it has closed a transaction with private investment group Olotoa Investments for the sale of 49 percent of ChinaTel’s Class A common stock for $300 million. The amount will be payable commencing March 9, 2009 through September 9, 2010 in such amounts and at such times as designated by the board of directors of ChinaTel. “Olotoa Investments wishes to diversify its portfolio by becoming a financial partner in the high growth regions of the telecommunications sector,” commented Paul V. Olotoa, CEO…

MondayMar 16, 2009 5:05 am

Sector 10, Inc. (SECT.OB) PLX-3D Software Demonstration Now Available

Sector 10, Inc. announced this morning that the recent interactive media demonstration is now available for playback. Investors and those interested in their products can go through the complete tour at http://www.2009stockpicks.com. During the interactive media conference, company representative Lee Allan provided a first-hand look at the PLX-3D software via online webcast. Mr. Allan explained, "As you can see, we can instantly see how the office is organized, where our safety units are deployed, where the cameras are, and it will immediately tell us how many people are in the building and will tell us where they are sitting or…

MondayMar 16, 2009 4:44 am

Axial Vector Energy (AXVC.PK) Petro-AVEC Joint Venture Has Environmental Edge

The new joint venture recently formed between Axial Vector Energy Corp. (AXVC.PK) and privately held Petrosonics, to market Petrosonics’ advanced sulfur removal technologies, is significantly strengthened by the presence of worldwide government movements to reduce sulfur emissions from automotive fuels. In addition, there is now increasing pressure to expand sulfur emission regulations to locomotives, ships, and other off-road fuels. Recently California proposed requiring ocean-going vessels to use lower-sulfur marine distillates when within 24 nautical miles of the coastline. Standard sulfur reduction technologies, such as hydrotreatment, are not cost effective for most small to mid-sized refineries, nor can they meet the…

FridayMar 13, 2009 1:06 pm

Lenco Mobile Inc. (LNCM.PK) is “One to Watch”

Lenco Mobile Inc. is focused on the high growth mobile marketing and Internet sectors. Their mission is to provide mobile marketing solutions to brand owners internationally. The company offers brand owners a comprehensive platform on which they can meet all of their mobile marketing needs. They do this by identifying key components of the value chain in the mobile marketing sector, such as SMS and MMS services, mobile content, mobile technology, payment solutions, and related electronic distribution platforms. The Company's subsidiary, Multimedia Solutions, provides MMS message solutions to mobile network operators and brand owners. Based in South Africa, Multimedia Solutions…

FridayMar 13, 2009 10:49 am

International Stem Cell Corp. (ISCO.OB) Teams with Cytograft to Develop a Method to Cultivate Living Human Grafts

Biotechnology company International Stem Cell Corp. (OTCBB: ISCO) is recognized as the first company to successfully create a human “parthenogenetic” stem cell from unfertilized human eggs. The company today announced it is working in collaboration with tissue engineers at Cytograft Tissue Engineering to make headway in human vascular grafts. Scientists at International Stem Cells’ subsidiary, Lifeline Cell Technology, will work with Cytrograft to develop and produce a customized cell culture to cultivate living human grafts, which is anticipated to be an advancement over previously used materials. Todd McAllister Ph.D., CEO of Cytograft, "The team at Lifeline Cell Technologies is uniquely…

FridayMar 13, 2009 10:08 am

Keep AmeriWest Energy Corporation (AWEC.OB) on Radar!

AmeriWest Energy Corp. (OTCBB: AWEC) was recently given a speculative strong buy rating from the research firm Bridge IR Group in their most recent research report. Contained in the report is an informed analysis that also projects a 12-month target price of $1.75. That value is a 1750% return to investors at today’s market price of around $0.10. Ameriwest is a growing, revenue-positive energy company producing underdeveloped oil resources in the prolific Rocky Mountain region of the United States. The company operates by utilizing their strategic combination of low-risk tertiary recovery projects and extensively mapped exploration plays that show significant…

FridayMar 13, 2009 10:03 am

Small Cap Voice Featured Company: EGPI Firecreek Inc. (EFIR.OB)

EGPI Firecreek, Inc. is an oil and gas production company focusing on the recovery and development of oil and natural gas. The company’s strategy is based on rehabilitation and production enhancement techniques, utilizing modern management and technology applications in upgrading certain proven reserves. Firecreek, a wholly-owned subsidiary of EFIR, is the oil and gas operating arm of the company. EFIR is responsible for overall management, financial resources and the administration of securities and exchange functions while Firecreek handles all operational duties including negotiations, drilling, rehabilitation and related projects. The company has previously developed oil and gas projects, successfully increasing production…

FridayMar 13, 2009 9:49 am

Small Cap Voice Featured Company: Sector 10 Inc. (SECT.OB)

Sector 10 Inc. is focused on becoming the world’s leading provider of mobile and stationary emergency life response equipment. The company dedicates its efforts to restructuring a fragmented industry with its globally patented Mobile and Stationary Response Unit (”MRU” and “SRU”) product lines and saving lives. Sector 10 is currently moving out of the development stage into production and is anticipating increased revenue growth. While expanding its client base, Sector 10 strives to remain rooted in its core competencies and operating principles. The company’s strategy is to continue to invest in management and business development, increase efficiency, manage risk and…

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