Blog - Page 4493 of 5680

ThursdayAug 28, 2008 9:31 am

China Security & Surveillance Technology, Inc. (CSR) Wins $44 million Shouguang City Contract

China Security & Surveillance Technology, Inc. (CSR), a provider of digital surveillance technology throughout China, announced this morning the signing of an agreement with the government of Shouguang City worth approximately $44 million. China Security will install security cameras in public areas, and create a traffic monitoring system for this city of 1.1 million people. Work on the project is slated to begin in the second half of 2009. “We are very excited to have signed another large Safe City agreement in the Shandong province,” said Guoshen Tu, Chief Executive Officer of China Security. “We have developed a strong track…

ThursdayAug 28, 2008 9:18 am

Borders Group Inc. (BGP) – Company Reports a Narrower 2nd Quarter Loss

Borders Group Inc. is a leading global retailer of books, music, movies, and gift and stationery items. Borders is the 2nd largest US book seller. The company, through its subsidiaries, operates approximately 1,100 stores worldwide. The company is organized into three business segments: Borders domestic superstores, international stores, and Waldenbooks specialty retail. On August 26, 2008 Borders announced that it narrowed its losses in the 2nd quarter 2008, losing $9.2 million or $0.15 a share, compared with a loss of $25.1 million or $0.43 a share for the same quarter of last year. The company, after suffering from liquidity problems…

ThursdayAug 28, 2008 8:06 am

Mainland Resources Inc. (MNLU.OB) Allies with Petrohawk for Haynesville Gas Drilling Program

As commodity oil and gas prices move near their historic highs, new junior oil and gas exploration and development companies have been working to take advantage. Many of the people interested in working the oil and gas exploration and development pipeline are eager to profit but lack the capital and know-how to get the job done. To get around this inexperience factor, many juniors turn toward experienced operators with financing and experience in place. If a junior can find a senior willing to take on their prospects, at acceptable terms, profits are very likely to be found for all involved.…

ThursdayAug 28, 2008 8:02 am

Brite-Strike Tactical Illumination Products, Inc. (BSTI.PK) Goes National with Ad Campaign

Since its inception, Brite-Strike Tactical Illumination Products, Inc. (BSTI.PK) has relied on trade shows and word of mouth to sell its self-defense flashlights to law enforcement personnel; however, Brite-Strike has recently begun a national advertising campaign designed to introduce the company and its products to everyday citizens. Brite-Strike was founded by two patrol officers who felt tactical flashlights could be improved. Glenn Bushee and Jon Neal worked in a garage and soon created their first prototype. The company now has a Tactical Blue-Dot Series of products specifically designed for law enforcement or military use. The company also has a Protector…

ThursdayAug 28, 2008 6:51 am

Bullion Monarch Mining Inc. (BULM.OB) Puts its Carlin Trend Royalties to Use in Debt Free Construction of Oil Shale Demonstration Plant

In any business, there is little substitute for experience and planning. Having the foresight to see an opportunity and plan for where it may lead is a skill learned through very hard experience. Often, the benefits of this ability are not evident for quite some time - something today’s “next quarter “investors fail to understand – and patience must be practiced. But when the future arrives, profit will be waiting in massive abundance. Bullion Monarch Mining Inc., a natural resources exploration and development company, engages in the exploration, development and extraction of gold, silver and oil shale. Founded in 1948,…

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…

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