Blog - Page 4218 of 5675

WednesdayMar 25, 2009 5:18 am

IntelGenx Technologies Corp. (IGXT.OB) Reports Financial Results for 2008

IntelGenx Technologies Corp., a drug delivery company dedicated to developing oral controlled-release products as well as novel rapidly disintegrating delivery systems, this morning announced financial results for the year ended December 31, 2008. "2008 was an exciting year for IntelGenx" commented Horst Zerbe, President and Chief Executive Officer of IntelGenx. "In the fourth quarter, the first product involving the company's proprietary "Versatab" technology, a prenatal vitamin combination was launched under the brand name Gesticare®. We also formed a strategic alliance with DAVA Pharmaceuticals Inc., and completed development of the CPI-300 anti-depressant. In addition, we completed an equity financing and received…

WednesdayMar 25, 2009 5:12 am

Time to Revisit Risk

The combination of declining home values, a banking crisis, and turbulent financial markets made 2008 a year that investors won’t soon forget. In the midst of unsettled financial markets, many equity investors faced decisions about how to position their portfolios for the future. During volatile financial times, it is only natural to reconsider your own personal risk tolerance and review the role of risk in your portfolio. These guidelines can help you determine the amount of portfolio risk that is appropriate for your situation. Choose Appropriate Vehicles Many debt instruments, such as investment-grade corporate bonds, government bonds, and certain types…

TuesdayMar 24, 2009 12:09 pm

GTX Corp (GTXO.OB) Has Built a Solid Foundation for its Products

Since the industrial revolution, imaginative people have been continually creating new technology. The new devices of today often make our lives easier, but only if they work. Most international business travelers have probably faced a situation when their cellular phone or PDA does not work in a certain city or country. Companies can no longer just create electronic communication devices; they must also consider the geographic range that their products will be used. During its development phase, GTX Corp took geographic scope into account and has signed several agreements with strategic partners. GTX has a number of products ready for…

TuesdayMar 24, 2009 11:22 am

BioNeutral Group, Inc. (BONU.OB) Enters LOI to Acquire Orient Arts

BioNeutral Group, Inc., a chemical technology-based Life Science company with novel combinational chemistry, announced today that it has signed a Letter of Intent (LOI) to acquire Orient Arts Inc., a manufacturer of fibers, textiles and finished goods. BioNeutral Group plans to acquire the company through an issuance of common shares. Orient Arts and its affiliated companies are focused on manufacturing, designing and producing finished goods in Asia, the world’s largest and most populous continent. Generating collective annual sales of more than $10 million, Orient Arts and its affiliate companies have licensing agreements in place with several celebrities. Stephen J. Browand,…

TuesdayMar 24, 2009 10:54 am

Rewarding Shareholders with Dividends

Dividends, regarded as a key indicator of a company’s financial health and contributing significantly to a stock investor’s long-term wealth, can be a crucial factor in evaluating a company for long-term investment. In today’s market, it’s even more critical to build a portfolio of quality companies with the financial strength necessary to issue dividends. A recent research study found that, in the year after large-cap companies raised their dividends, they outperformed their peers (based on total return) by an average of 1.8 percentage points. Those that began paying dividends for the first time, or reinstated them after a lapse, outperformed…

TuesdayMar 24, 2009 9:04 am

eMagin Corporation (EMAN.OB) Announces Significant Improvements in Preliminary 2008 Financials

eMagin Corporation, a leading player in OLED microdisplay technology, today announced its preliminary fourth quarter and full-year results for 2008, still subject to independent audit. The company anticipates increases across the board, fueled by enhanced sales efforts. “Through ongoing cost reduction efforts, improvements in our production processes and growth in sales, we have been able to substantially improve our performance,” Andrew G. Sculley, eMagin’s CEO and president stated in the press release. eMagin anticipates report revenues for the quarter at $5.3 million, up 13.5 percent from the fourth quarter of last year. Fiscal 2008 revenues are expected at $18.7 million,…

TuesdayMar 24, 2009 8:51 am

NXT Nutritionals, Inc. (NXTH.OB) has Created a Natural Sweetener Revolution

NXT Nutritionals Holdings, Inc. has done something that a lot of people have been waiting for. The company has developed, and is now marketing, an all-natural healthy sweetener, unlike anything that has gone before it. It’s called SUSTATM, and it’s a proprietary, patent-pending blend of non-caloric ingredients that effectively replaces high glycemic content with nutrients in an all-natural way. Products using SUSTATM are nutrient rich, high fiber, low sugar, with no or low fats, and no added trans or hydrogenated fats. SUSTATM is designed to provide energy and nutrition, working with your body naturally to help transform fast-absorbing sugars and…

TuesdayMar 24, 2009 6:00 am

Sector 10 Inc. (SECT.OB) Board of Directors Provide Vision for the Future

Sector 10 Inc. has developed a unique product line that is allowing them to shine in the marketplace. Two of Sector 10’s showcase products are the Stationary Response Unit (SRU) and Stationary Response Media Unit (SRU-Media). SRU and SRU-Media provide pre-deployed resources as a way to save lives, avert injuries and reduce liability. These systems provide first responders and building occupants with first aid supplies, life saving equipment, occupant tracking through a real-time 3D interface, and emergency communications. This unique product line and success is a result of the strong leadership of the company’s Board of Directors, all of which…

TuesdayMar 24, 2009 5:17 am

New Generation Biofuels, Inc. (NGBF) Executes Sales Contract With Delta Chemical Corp. to Provide Up to 371,000 Gallons of its Renewable Biofuel

New Generation Biofuels Holdings, Inc. announced this morning that it has signed a full-year contract to supply Delta Chemical Corporation of Baltimore, Maryland with up to 371,000 gallons per year of renewable biofuel. New Generation's biofuel will supply Delta Chemical’s No. 1, Cleaver-Brooks lead boiler. According to the press release, this contract will meet approx. 50% of Delta Chemical's annual energy consumption requirements. Deliveries will begin in the next two weeks from New Generation's new Baltimore production facility. "We are very pleased to announce that our first sales contract in the Baltimore area is with Delta Chemical Corporation, which has…

TuesdayMar 24, 2009 4:24 am

Kraig Biocraft Laboratories, Inc. (KBLB.OB) Board of Directors Approves Stock Dividend

Today, Kraig Biocraft Laboratories, Inc. announced that its Board of Directors has approved a stock dividend. According to the press release, shareholders of record as of the close of business on the record date will be issued nine additional shares for each share of Common Stock held. CEO Kim K. Thompson commented, “This stock dividend is intended to lay the groundwork for the growth of the Company. It is part of our ongoing efforts to improve trading liquidity, broaden ownership, promote capital investment and enhance shareholder value. This action is enabled by the Company's continued success in the laboratory and…

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