Blog - Page 4197 of 5384

ThursdayAug 28, 2008 6:44 am

Quest Resource Corp. (QRCP) Announces the Resignation of Jerry Cash as Chairman and Chief Executive Officer

Quest Resource Corporation (NASDAQ: QRCP), a fully integrated E&P company that owns the right to develop approximately 130,000 net acres in the Appalachian Basin of the northeastern United States, recently announced the resignation of Jerry Cash as chairman and chief executive officer of Quest Resource Corporation, Quest Energy Partners, L.P. and Quest Midstream Partners, L.P., effective immediately. This resignation is the result of questionable transfer activity totaling approximately $10 million to an entity controlled by Mr. Cash. Immediately following the discovery, members of the three boards met in joint sessions and formed a Joint Special Committee comprised of representatives from…

ThursdayAug 28, 2008 6:43 am

Star Scientific, Inc. (STSI) Reports Successful Appeal of Patent Infringement Lawsuit with RJ Reynolds

Star Scientific, Inc. (NASDAQ: STSI), a technology-oriented tobacco company that is engaged in the development of dissolvable smokeless tobacco products, recently announced that the United States Court of Appeals for the Federal Circuit issued its opinion on the company’s appeal of rulings by the U.S. District Court in its patent infringement lawsuit against RJ Reynolds Tobacco Company, Inc. (RJR). A bench trial was held in early February, 2005 on RJR's defense claim of inequitable conduct by Star Scientific. On June 26, 2007, the district court ruled that Star committed inequitable conduct in the prosecution of its patents. Star Scientific filed…

ThursdayAug 28, 2008 6:37 am

Dutton Associates Featured Company: Lucas Energy, Inc. (LEI)

Lucas Energy, Inc. is an independent oil and gas company building a diversified portfolio of valuable oil and gas assets in the United States. The company identifies oil and gas assets that are underperforming at the time and focuses their efforts on revitalizing them through a demanding process of evaluation, application of modern well technology, and stringent management controls. By doing this, the company is able to increase their asset base and cash flow, while significantly reducing the risk of traditional exploration projects. Lucas Energy's financial standing allows them to minimize the high overhead of traditional E&P companies. Since 2004,…

ThursdayAug 28, 2008 6:33 am

RedChip Featured Company: Legend Media Inc (LEGE.OB)

Legend Media Inc (LEGE.OB) is an advertising company that engages in the development and management of a technology platform that deploys advertisements across its various advertising mediums in the People's Republic of China. The company was founded in 2007 and is based out of Utah, but has its foreign headquarters in Beijing, with an additional office in Chengdu. Legend Media is China’s leading radio advertising firm, and continues to build a client base across all of China’s largest provinces. The company has benefited from the fast-paced growth of the Chinese economy, and - since they were the first mover in…

ThursdayAug 28, 2008 6:30 am

Dutton Associates Featured Company: IR Biosciences Holdings, Inc (IRBS.OB)

IR BioSciences Holdings, Inc. is a development-stage biotechnology company engaged in the research and development of potential drug candidates like Homspera™ and its derivatives, Radilex® and Viprovex®. Its goals include developing these potential drug candidates for use as possible countermeasures for homeland security threats including radiological, chemical and biological agents. In addition, the company believes that these products will also meet various commercial needs such as in radiation therapy, or cures for influenza, anthrax and other microbial ailments. The company has discovered that certain attributes of Homspera may potentially open additional commercialization opportunities in areas such as human adult stem…

ThursdayAug 28, 2008 6:03 am

Dual Thrusts for Idera Pharmaceuticals Inc. (IDRA) Stock

It takes a domain expert to appreciate this stock, but that does not dilute any true value. This Biotechnology & Drugs Industry small-capital stock is from Cambridge, MA. The geographical base itself should arouse investor curiosity because this part of the United States has an enviable record of creating future business winners. The current financial parameters of the stock are so negative that even the most patient investor may look at it askance. The Beta is 1.61 and the company has lost $0.40 per share during the last financial period. 22.95 shares are on offer, but knowledgeable institutions have picked…

ThursdayAug 28, 2008 6:01 am

Make Millions from Mass-Marketing – Mid-Week Management Mantra

“Make drugs for millions, not millions from drugs” A prominent third-world leader made this startling statement to pharmaceutical industry executives decades ago. It caused much consternation at the time, but the thrifty consumer sentiment of 2008 prompts one to review the assertion in a new light. Value for money is your best business bet during inflation and recession. Price elasticity is heightened in a stagnant market. Even luxury goods cannot escape waves of depressed consumer sentiments. Essentials of life are affected somewhat less, but all product and service categories will witness slides towards lower price points and generics. Stock investors…

ThursdayAug 28, 2008 5:47 am

California Micro Devices Corp. (CAMD) Supplies Semiconductor Products

With their corporate headquarters in Milpitas, California, California Micro Devices Corp. is a supplier of application-specific analog and mixed signal semiconductor products. Trading on the NASDAQ, the company's products are for the mobile handset, digital consumer electronics, and personal computer markets. Founded in 1980, the company's market capitalization is $71.16 million. Their product suite consists of electromagnetic interference (EMI) filters with electrostatic discharge (ESD) protection. These are for mobile handsets display, imager, speaker, headphone, high-speed serial data, microphone, and smart-card interfaces. California Micro Devices products also include standard ESD protection devices for personal computers that protect standard data interfaces on…

ThursdayAug 28, 2008 5:45 am

Lancaster Colony Corp. (LANC) Knows Diversification

Headquartered in Columbus, Ohio, Lancaster Colony Corp. is a diversified manufacturer and marketer of consumer products. They operate in two segments: specialty foods for the retail and foodservice markets; and glassware and candles for the retail, floral, and foodservice markets. Trading on NASDAQ, the company went public in 1969. In that year, they entered the specialty foods business upon purchasing the T. Marzetti Company. The company's Specialty Foods division is the largest and fastest growing segment of Lancaster Colony Corp. This group produces national and regional brands made in manufacturing facilities throughout America. These products are for the retail and…

ThursdayAug 28, 2008 5:15 am

Hollywood Media Corp. (HOLL) Divests Hollywood.com

Hollywood Media Corp. (NASDAQ: HOLL) sold off its Hollywood.com and Hollywood.com television properties for a starstruck $10 million. R&S Investments bought both through earn-out payments. The company is owned by Laurie S. Silvers and Mitchell Rubenstein, the Chairman and CEO of Hollywood Media. Hollywood Media provides entertainment and media news, information and ticketing services. Revenue from Hollywood.com businesses represented about 4 percent of Hollywood Media's total revenue over the last 12 months, states a company news release. But it also generated a net loss of approximately $2.5 million. "Hollywood Media plans to focus on its profitable online Broadway Ticketing business…

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