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FridayOct 10, 2008 4:37 am

Transocean Inc. (RIG) Announces Redomestication from Cayman Islands to Switzerland

Transocean Inc. (RIG) is the world’s largest offshore drilling contractor and a provider of drilling management services worldwide. The company possesses a fleet of 137 mobile offshore drilling units plus 10 announced ultra-deepwater newbuild units. Transocean owns or operates a contract drilling fleet of 39 High-Specification Floaters, 29 Midwater Floaters, 10 High-Specification Jackups, 55 Standard Jackups and other assets utilized in the support of offshore drilling activities. The company announced that its board of directors has unanimously approved moving the place of incorporation of its group holding company from the Cayman Islands to Switzerland. Transocean’s shareholders will be asked to…

FridayOct 10, 2008 4:35 am

Applied Nanotech Holdings, Inc. (APNT.OB) Enters Licensing Agreement with Leading Sporting Goods Manufacturer

Applied Nanotech Holdings, Inc. (APNT.OB), a nanotechnology company engaged in research and development based on intellectual property, recently announced that the company has entered into a licensing agreement with a leading sporting goods manufacturer. This license agreement grants the sporting goods manufacturer the exclusive right to use Applied Nanotech’s technology in the manufacture and sale of tennis and badminton racquets in Japan and Taiwan with the nonexclusive right to sell these products on a worldwide basis. In exchange for this license, Applied Nanotech Holdings will receive an initial royalty fee of $577,000 and an ongoing royalty of 4 percent based…

ThursdayOct 09, 2008 4:34 pm

Simtrol, Inc. (SMRL.OB) Offers Unique Capability to Their Users

The 21st century has brought a massive proliferation of devices that reside beyond the traditional network. Client/server architecture came to the forefront with firms such as Tivoli (since acquired by IBM) and OpenView (recently acquired by Hewlett-Packard), who were among the first to offer solutions that efficiently monitored, maintained, deployed, and controlled equipment in data centers and server farms. The next step was the network, which became a critical component of IT ecosystems when companies like Cisco began offering solutions that made networks more powerful and more reliable. With users wanting more reliability, flexibility, and advanced applications, Simtrol, Inc. (OTCBB:…

ThursdayOct 09, 2008 1:09 pm

EpiCept Corp. (EPCT) Granted Marketing Authorization for Leukemia Treatment in EU

EpiCept Corp. (Nasdaq: EPCT) focuses on advances in the treatment of cancer and pain. The company’s proprietary product, Ceplene, is designed to protect lymphocytes to sustain remission and prevent relapses in adult patients with acute myeloid leukemia (AML) in first remission. The company today announced the European Commission has granted the company full marketing authorization in 27 member states in the European Union, as well as Iceland, Leichtenstein and Norway. This is especially good news for the company, according to geographical statistics. Approximately 40,000 patients in the EU suffer from AML; about 16,000 new cases are diagnosed each year. “Today…

ThursdayOct 09, 2008 1:00 pm

Artfest International Inc. (ARTI.OB) is “One to Watch”

Headquartered in Addison, Texas, Artfest International Inc. prints, markets, and sells limited edition, signed, and numbered fine art and collectibles. They connect artists, investors, decorators, designers, private collectors, and galleries. Founded in 2002, Artfest International also provides a variety of multi-cultural programming. These include artist documentaries, live paintings, artist collections, artist interviews, live concerts, and other content with an art focus. Artfest International also features new artists, special exhibits, and celebrity events in diverse U.S and international markets. Their subsidiaries are The Art Channel, Inc. (www.artchannel.tv), and Art Channel Galleries, Inc. The company recently launched their proprietary global social network,…

ThursdayOct 09, 2008 10:55 am

Dutton Associates Featured Company: A.P. Pharma, Inc. (APPA)

A.P. Pharma, Inc. (NASDAQ: APPA) is a specialty pharmaceutical company focused on the development and commercialization of innovative medical treatments utilizing their proprietary polymer-based drug delivery systems. The company's proprietary Biochronomer™ technology, featuring bioerodible polymers intended to create controlled-release pharmaceuticals that improve treatments for diseases or health-threatening conditions, is their primary focus as they continue to advance the technology. The company's lead product candidate is APF530, which is currently in a pivotal Phase III clinical trial for the prevention of acute and delayed onset chemotherapy-induced nausea and vomiting, or CINV. The company has made significant investments in the development of…

ThursdayOct 09, 2008 10:42 am

Tips for Novice Investors During Tumultuous Times

A Yahoo! Finance article entitled "What's an Investor to Do Now?" gives some good advice on how the novice investor can weather the current financial storm. The article encourages attention to three main points: Review: Check your portfolio. How diversified are your funds? A sound portfolio is one spread over all types of assets and markets, in addition to being heavily rooted in cash. Markets may be tough now, but this fundamental investing principle has carried many people through rough waters. Timeline: Be mindful of your own specific time frame. If you are more than a decade from retirement, it…

ThursdayOct 09, 2008 10:41 am

The American Recapitalization Plan – A Safer Route?

After weeks of deliberation as to the most prudent course of action regarding how to spend the $700 billion allocated for financial rescue, it seems that the Treasury now has a new lease on the situation. Instead of the government over-paying banks to purchase their "trash assets", the idea will be to inject capital into the banks. Taking an equity stake, as opposed to simply buying toxic assets, will create a greater opportunity for an eventual taxpayer-upside, as well as strengthen balance sheets; a crucial feat that will be required in order for banks to afford to begin lending again.…

ThursdayOct 09, 2008 10:40 am

Iceland Follows Russia’s Lead – Suspends Trading

Just one day after Russian authorities made the decision to halt trading on its stock exchages, Iceland followed suit. Officials announced that the country's OMX Nordic Exchange would remain frozen until Monday, due to "unusual market conditions". Like many nations around the globe, Iceland is hoping that this calming period will help to stave off the threat of national bankruptcy. In addition, the Icelandic government has taken control of Kaupthing, the country's largest bank, and is forming a new entity called "New Landsbanki" in order to affect the "continued orderly operation of domestic banking and the safety of domestic deposits."…

ThursdayOct 09, 2008 10:36 am

North Bay Resources, Inc.’s (NBRI.PK) Willa and Pinnacle Gold Properties

North Bay Resources engages in the acquisition and development of mining properties for the extraction of a variety of precious metals. Two of North Bay's properties, located in British Columbia, Canada, have proven to hold excellent potential. Each of the plots contain significant amounts of gold, silver, and copper. North Bay holds a ten-percent stake in the Willa property, near Silverton, BC. At the time of the last mineral resource level estimate of the area, a single ton of mined Willa ore was found to contain over seven grams of gold, twelve grams of silver, and was comprised of approximately…

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