StockGuru Trade Alert: Guru Profile Advanced Viral Research (ADVR) Up Over 31% Intraday and Up as Much as 123% Since Last Tuesday
A junior mining operation is about as close as one can get to the actual gold rush days of the Yukon, when miners headed into the wilderness for adventures and discoveries unknown. If they struck it rich, their pockets came home full of money and their heads full of stories beyond belief. Sarissa Resources Inc., a junior development mineral exploration company, operates exploration activities in Peru and Northern Ontario, Canada. Currently, the company is making advances in the Northern Ontario properties and slowly investigating its Peruvian opportunities. The company holds rights and ownership positions in several properties in Northern Canada.…
Effective April 28, 2008, Language Enterprises Corp has changed its name to Doral Energy Corp. Shareholders’ approval was not required to change the company’s name. No changes were made to the company's articles of incorporation or bylaws and the company will continue its existing business as an emerging oil and gas exploration and production company. In addition to the name change, the company has agreed to acquire a significant package of oil and gas producing properties in southeastern New Mexico in the northwest section of the Permian Basin. The property is currently producing approximately 120 gross barrels of oil equivalent…
Angiotech Pharmaceuticals (ANPI), a global specialty pharmaceutical and medical device company, announced its financial results for the first quarter 2008. Angiotech reported a $3.9 million loss for the first quarter, which equals a 5 cent loss per share. Analysts had projected a loss of 3 cents per share. Angiotech made a number changes in their internal control systems to strengthen their financial reporting process and reduce the incidence of errors. The weakness in the process was described in the March 13, 2008 release that announced the company’s 2007 year-end financial results. Angiotech has engaged a large public accounting firm to…
PTS Inc. (OTCBB: PTSH) today announced it has formed PTS Group Ltd. as a new subsidiary company in Hong Kong, China. PTS Inc. will designate Glove Box Inc. into the subsidiary, as a subsidiary. Management is finalizing negotiations for a Letter of Intent for a Joint Venture or acquisition of the medical equipment company. The proposed endeavor will allow PTS Inc. to further develop and market Glove Box alongside its existing medical equipment product lines. PTS Group will follow Hong Kong Companies Ordinance regulations, and will be compliant with the rules and regulations of the U.S. Securities and Exchange commission…
CEVA bills itself as a leading licensor of Silicon Intellectual Property (SIP) platform solutions and Digital Signal Processor (DSP) cores for consumer mobile-electronics. Yesterday, CEVA, Inc. reported first quarter financial results which stand to push it further toward success in the Intellectual Property sector. From the beginning of January until the end of March, the company recorded over $10 million in total revenue; 30 percent higher than the $7.7 million attained in the first quarter of 2007. CEVA's royalty revenue (commonly associated with IP licensing) reached an all-time high of $3.7 million, and earnings from services also showed a significant…
Today's telecom firms are subject to far greater rivalry than anything previously experienced. More than 60 percent of technology executives admit to the disruption caused by the entry of new competition that boasts more up-to-date products and services. Even the largest network carriers can be outdone by a company with a solid idea. That's where Global Roaming Distribution comes into play. Through its CelTrek subsidiary, Global Roaming is pushing the envelope in creating freedom for cell users everywhere. They are causing large carriers to re-assess the plausibility of continuing to offer traditional roaming solutions. As any international traveler can tell…
Angstrom Microsystems (AGMS.OB), a systems company providing custom server solutions and services, will be the main speaker at a luncheon presentation coordinated by the Corporate Forum on May 1, 2008. The luncheon will be held at the Langham Hotel in Boston, Massachusetts at noon. The Corporate Forum is an organization that provides companies with a platform to speak to a large cross-section of professionals in the investment community. Typical audiences to the Corporate Forum range from 25 to 100 and include registered representatives, institutional portfolio managers, independent money managers, and buy/sell side analysts. The Corporate Forum meetings are organized and…
North Bay Resources Inc. announced today that it has signed a Letter of Intent ("LOI") with Drake Gold Resources Inc. ("Drake") to formalize a joint venture agreement for the exploration of North Bay's recently announced Coronation Property near Slocan in southeastern British Columbia. The Coronation Property covers 103 acres over several reverted crown grants and includes three past-producing mines; the Colorado, the V&M, and the Senator mines, in addition to the Coronation. Primary mineralization is gold, silver, zinc, and lead. According to BC MINFILE 082FNW162 and Assessment Report 18603, the Coronation Property was reported to have past-production of as much…
The drug Rituxan, which is marketed by both Genetech Inc. (DNA) and partner Biogen Idec Inc. (BIIB), has failed to make any headway in the fight against lupus, a disease affecting the immune system and targeting more than one million Americans each year. There has never been much progress toward a cure, and some felt that Rituxan would be that miracle. The medication is already approved as a treatment for rheumatoid arthritis and some types of cancer, but the hope - that Rituxan might be effective against lupus - has fallen through. While the companies realize the serious challenges in…
