Blog - Page 4558 of 5550

ThursdayMay 08, 2008 8:08 pm

Rex Energy Corporation (REXX) Announces Closing of Public Offering of Common Stock

Rex Energy Corporation (REXX) is an independent energy company engaged in the acquisition, production, exploration and development of oil and gas. The company’s properties are concentrated in the Appalachian, Illinois and Permian regions. Rex Energy pursues a balanced growth strategy of exploiting its sizeable inventory of lower risk developmental drilling locations, pursuing its higher potential exploration drilling prospects, and actively seeking to acquire complementary oil and natural gas properties. Rex Energy announced that on May 5, 2008 the company closed the public offering of an aggregate 9.775 million shares of common stock. Four and a half million (4.5M) shares were…

ThursdayMay 08, 2008 8:07 pm

Transocean Inc. (RIG) Announces Multi-Year Contract for Enhanced Enterprise-Class Design Newbuild Drillship

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 138 mobile offshore drilling units, plus nine ultra-deepwater newbuild units. The company’s fleet is considered one of the most modern and versatile in the world due to its emphasis on technically demanding segments of the offshore drilling business. Transocean owns or operates a contract drilling fleet of High-Specification Floaters, Midwater Floaters, High-Specification Jackups, Standard Jackups and other assets utilized in the support of offshore drilling activities worldwide. The company announced recently that one of its subsidiaries…

ThursdayMay 08, 2008 3:02 pm

TMNG Global (TMNG) Posts 42% Increase in Q1 Revenues

TMNG Global (Nasdaq: TMNG) today announced its results for the first quarter ended March 29, 2008. The company provides management consulting and software solution services to the global communications, media and entertainment industries. The company posted revenues for the first quarter of 2008 at $21.5 million, up 42.5 percent from $15.1 the same quarter last year. The increase is attributed to the company’s acquisitions of TWG Consulting and RVA consulting, as well as growth in software solutions and management consulting. “Solid revenue growth and improved profitability in the quarter demonstrate that our strategy of achieving increased scale through organic growth…

ThursdayMay 08, 2008 1:42 pm

Marini Brands Inc. (MRIB.OB) Coming to Shelves of a Liquor Store Near You

Marini Spirits is a wholly owned subsidiary of Marini Brands, and was formed when the company merged with Margrit Enterprises in April of 2007. The company has one simple goal; building a global company focused on the importation, sale and distribution of ultra-premium spirits and wines. The company has been around since 2001 and, in their brief 7 years of operation, has become well known among the world of luxury lifestyle spirits. The company’s flagship product, Marani premium Vodka, has received numerous accolades and awards from the spirit community. Most recently for 2008, Marani vodka won the prestigious global Diamond…

ThursdayMay 08, 2008 1:39 pm

OTCPicks Featured Company: Bionic Products, Inc. (BNPD.PK) Reports Tremendous Success with Promotional Campaign

Recent feedback has been greatly positive for Bionic Products, Inc.'s (OTC: BNPD) initial promotional campaign that covered the Tampa area. The company introduced Lady Pink and Bionic Products that targeted local nightlife, restaurants, and convenience stores. Samples were included, along with professionally designed brochures, business cards, product-specific flyers and signage on key professional private transportation vehicles like limousines. The company attributes the immense success to the strong interest shown by local business owners who seek innovative and trendsetting products to offer their customers. "This is the first of many promotional campaigns we intend to do this year. We have teamed…

ThursdayMay 08, 2008 1:37 pm

ImaRx Therapeutics, Inc.’s (IRMX) Core Product Acquired by Microbix Biosystems

ImaRx Therapeutics, Inc. (NASD: IMRX) has recently signed a letter of intent stating that Microbix Biosystems will acquire urokinase inventory and related company assets from ImaRx for $17 million in cash. Urokinase, an FDA-approved thrombolytic, is a treatment for acute massive pulmonary embolism. It has been commercialized for more than 20 years and has been used on more than 4 million patients. Since 2006, ImaRx has been selling urokinase for medical purposes since they acquired a four-year inventory of the product from Abbott Laboratories. The company's stock rose 154.62% on Wednesday. The terms of the agreement state that Microbix will…

ThursdayMay 08, 2008 1:36 pm

GTX Corp. (GTXO.OB) Confirms MyAthlete’s Order for Unique GPS Tracking Technology

GTX Corp. (OTCBB: GTXO) develops and licenses embedded miniature GPS Personal Location Service (PLS) technology for use in person and asset tracking. The company today announced confirmation of an initial order from licensee MyAthlete LLC for its gpVector module. Production of the final units of the 1,000 piece order will be shipped during the second quarter of 2008; additional orders are expected to follow in late 2008 – 2009. “The My Athlete contract is one example of the multiple applications our technology can be applied to. We are currently exploring relationships with a number of different companies in various industries…

ThursdayMay 08, 2008 1:13 pm

SkyPostal Networks Inc. (SKPN.OB) – When your Management Team Looks like an All Star Roster

One of the standard operating maneuvers that a company might use to try and build credibility is to load their management team or board of directors with high profile members who have long credential sheets. The reasoning is sound, because if they appear to be led by a person with 25 years experience in business, it certainly sounds better than a "kid out of school". This is often enough to get the average investor attracted to the company, because investors have been told over and over to do their due diligence on the management team, and make sure they're up…

ThursdayMay 08, 2008 12:25 pm

Natural Harmony Foods, Inc. (NHYF.PK) Products Now Available at Target Stores

Natural Harmony Foods, an innovative food company dedicated to producing healthy, flavorful, convenient foods that fit the lifestyles of individuals looking to make better, health conscious diet choices without sacrificing taste, has completed the order and shipment of their initial product rollout to Target stores (NYSE: TGT ). The company stated, "We are very relieved and excited to have shipped all orders on time. We have great partners working with us that came together to overcome many last minute challenges." The initial Target rollout is valued at over $50,000, and the company’s full line of SoLean® brand breakfast products will…

ThursdayMay 08, 2008 12:20 pm

Diamond Management & Technology Consultants, Inc. (DTPI) Announces Annual Revenue Spike; Shares Hover Around $5.80

Diamond Management & Technology Consultants, Inc. (DTPI) announced that fiscal year 2008 net revenue spiked to $182.3 million, up 8% from $168.7 million the previous year. In addition, the management and technology consulting firm saw net income jump to $19.1 million, up 35% from $14.1 million in 2007. The company’s balance sheet wrapped up an impressive year as well, showing off $53.3 million in cash and cash equivalents with no debt. Diamond Management also generated free cash flow of $22.9 million during the year. “Fiscal year 2008 was a year of two parts. In the first half of the year,…

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