MondayOct 06, 2008 11:05 am

Red Chip Featured Company: Colorado Goldfields, Inc. (CGFI.OB)

Colorado Goldfields, Inc. (CGFI.OB) is a new player in the mining field focused on the exploration and retrieval of gold and silver in the state of Colorado. The company is targeting its efforts on three historically proven mines that only require minor rehabilitation to achieve full-scale production sites. CGFI has obtained an 80% interest at the Gold King, Mayflower, and Mogul mines located in San Juan County, Colorado. All three mining properties are located within a 9-mile radius of the Pride of the West Mill, which consists of 120 acres of private land, an office building, a laboratory building, water…

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MondayOct 06, 2008 9:09 am

RXi Pharmaceuticals Corp. (RXII) to Webcast Investor Event

RXi Pharmaceuticals Corp. (NASDAQ:RXII) is a discovery-stage biopharmaceutical company. The company is pursuing the development and commercialization of proprietary therapeutics based on RNA interference (RNAi) for the treatment of human diseases. RXi Pharma intends to put their initial focus on the treatment of neurological and metabolic diseases and cancer. RNAi is a naturally-occurring mechanism for the regulation of gene expression that has the potential to be harnessed to selectively inhibit certain genes that lead to disease. Rxi Pharma was founded by world-leading researchers in the field of RNAi. Most notably, this includes Dr. Craig Mello, recipient of the 2006 Nobel…

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MondayOct 06, 2008 8:09 am

Superlattice Power, Inc. (SLAT.OB) Files Patent For New Advanced Cathode Materials Production Process

Superlattice Power, Inc. (SLAT.OB), the North Carolina-based lithium battery developer, recently completed the filing of a patent for a proprietary chemical process used in industrial-scale production of new, high-purity nano cathode materials. The new materials are key to the development of the company’s advanced lithium ion polymer battery for use in high-range electric vehicles. The new battery increases electric vehicle range to approximately 200 miles, a major improvement over existing batteries, and promises to significantly enhance the marketability of electric cars. Industrial scale production of the material is essential, and has been aggressively pursued by Superlattice. Superlattice has successfully produced…

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MondayOct 06, 2008 8:03 am

Sinobiopharma, Inc. (SNBP.OB) Completes Acquisition of DongYing Pharmaceutical

Sinobiopharma, Inc., (SNBP.OB), a biotechnology company with primary operations in Nantong, China, recently announced the completed acquisition of DongYing Pharmaceutical (DongYing BVI). DongYing BVI will become a wholly-owned subsidiary of Sinobiopharma. DongYing BVI is the sole shareholder of Big Global Limited, a company organized under the laws of Hong Kong, which in turn is the sole shareholder of DongYing (Jiangsu) Pharmaceuticals Co., Ltd. (“DongYing China”), a company organized under the laws of China. DongYing China is in the business of researching, producing and developing a variety of biopharmaceutical products, and has developed new methods for the synthesis of active pharmaceutical…

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MondayOct 06, 2008 7:49 am

Micromem Technologies, Inc. (MMTIF.OB) Subsidiary Establishes NY Office, Ramps up for Rapid Commercial Growth

In today’s news, Micromem Technologies announced that its wholly-owned subsidiary, Micromem Applied Sensor Technologies (MAST), has opened a corporate office in New York City. This new office was established as part of the company’s plan to increase focus on magnetic sensor opportunities, with a priority on targeting aerospace/defense and consumer applications. Joe Fuda, Chief Executive Officer of Micromem, commented, “Opening a New York office brings us closer to our U.S.-based clients. More important, our sensor is relevant to a number of critical government and military applications, many of which may become protected under International Traffic in Arms Regulations (ITAR), a…

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MondayOct 06, 2008 7:31 am

Platina Energy Group, Inc. (PLTG.OB) Continues to Apply its Environmentally-Friendly Approach to New Locations

Platina Energy Group, Inc. (PLTG.OB) is a diversified independent oil and gas exploration and production company based in Dallas, Texas. Through a combination of organic growth and acquisitions, Platina has become one of the fastest-growing domestic exploration and production (E&P) companies. It has been able to build a group of solid assets and cash flow through the application of a number of financing structures utilized in its acquisition and property development phases. Led by President and CEO Blair Merriam since its inception in 2005, Platina has applied an environmentally and socially responsible approach to its well site remediation. The company…

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MondayOct 06, 2008 7:11 am

China Energy Recovery, Inc. (CGYV.OB) Announces Significant Growth over Last Year

While many companies are experiencing a slowdown in revenue growth, China Energy Recovery has seen its total contract value for the first nine months of this year rise to RMB 130 million, which is the equivalent of approximately USD $19 million. This figure is nearly a $3-million increase over the entire year of 2007. Chairman and CEO Mr. Qinghuan Wu stated, “We're very pleased to see the significant growth CER has enjoyed through the first three quarters of 2008, and are looking forward to what looks to be shaping up to be a robust fourth quarter. Our systems are now…

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MondayOct 06, 2008 6:29 am

Global Crossing Ltd. (GLBC): Crisscrossing the Planet’s Communication

Headquartered in Hamilton, Bermuda, Global Crossing Ltd. provides telecommunications solutions worldwide. Founded in 1997, they do this over the world's first integrated global Internet Protocol (IP)-based network. Trading on the NASDAQ, the company provides for the convergence of voice, video, and data. Global Crossing Ltd. is part of the Diversified Communication Services industry and has a market capitalization of $732.78 million. With offices worldwide, Global Crossing's core network connects approximately 400 cities in more than 45 countries. Overall, the company delivers services to over 690 cities in more than 60 countries and 6 continents around the world. Their customers include…

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MondayOct 06, 2008 6:26 am

Changing the World by Reinventing Power? Meet Hybrid Technologies, Inc. (HYBR.OB)

If there’s one thing that the world seems to be fighting for, it would have to be oil. We search third world countries for oil, we go to war over oil, we pay a large amount for it, and at the end of the day, we can’t get enough of it. While this may be true today, there’s a company that wants to change that philosophy for tomorrow. That company is Hybrid Technologies. The Las Vegas, Nevada-based Hybrid Technologies was founded in 2000 and built on the idea that there are technologies out there that have not been utilized. As…

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MondayOct 06, 2008 6:22 am

Trans-Orient Petroleum (TOPLF.OB) Begins Work to Unlock 2.2 Million Acres of New Zealand Oil & Gas

As a market becomes saturated with new entrants, the need to take the path less followed becomes important if a company is to profit. Legwork and research becomes the key to success before any action is taken to expend valuable resources. If an investor can find a company that has done its homework to prove potential, he will have found a company that may be profitable. Trans-Orient Petroleum Inc., a junior Canadian oil and gas exploration and development company, works to discover and exploit oil and natural gas primarily in New Zealand. The company controls 100% of approximately 2.2 million…

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