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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…

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…

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…

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…

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…

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…

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…

MondayOct 06, 2008 4:58 am

Brite-Strike Tactical Illumination Products, Inc. (BSTI.PK) Awarded Solar Product Patent

Today, before the bell, Brite-Strike Tactical Illumination Products announced that the company and its president have received US Patent No. 7,350,692, for a Solar Powered Mailbox/Driveway Lamp. The first product based on this concept is anticipated to be commercially available next year and will be the first Brite-Strike device to utilize LED lighting powered by small solar panels. Glenn Bushee, President of Brite-Strike, stated, “This product will be our first entry that marries the energy efficiency of LED light with the portability of solar. The technology we developed for our revolutionary tactical flashlights has direct applications for many lighting applications,…

MondayOct 06, 2008 4:21 am

The Axial Vector Engine (AXVC.PK) Roars Ahead of the Pack

The Axial Vector Energy Corporation has been making national news for their creative technology that has Wall Street taking notice of the company and environmentalists everywhere smiling. The revolutionary Axial Vector Engine is AVEC’s flagship technology and will serve as the core of the company’s initial market applications. The engine is incredibly powerful and is capable of producing significantly higher horsepower and torque with considerably lower fuel requirements than conventional engines of similar size. What really has people talking is how the Axial Vector Engine is a friend of the environment. The engine is considerably cleaner and produces fewer emissions…

SaturdayOct 04, 2008 6:02 am

Monro Muffler Brake (MNRO): Helping Cars Run, But Can It Do the Same for Portfolios?

Monro Muffler Brake (MNRO) is a provider of automobile and repair services, including brakes, mufflers and exhaust systems, and steering, drive train, suspension, and wheel alignments. As of March 29, 2008, it operated 720 company-owned and 14 dealer-operated stores in New York, Pennsylvania, Ohio, Connecticut, Massachusetts, West Virginia, Virginia, Maryland, Vermont, New Hampshire, New Jersey, North Carolina, South Carolina, Indiana, Rhode Island, Delaware, and Maine under the Monro Muffler Brake & Service, Tread Quarters Discount Tire, and Mr. Tire names. Companies such as Monro stand to benefit from slumping auto sales, especially those of US-based car makers. Chrysler, Ford and…

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