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WednesdayJul 02, 2008 1:37 pm

Heritage Explorations, Inc. (USRT.OB) Announces Name Change & New Direction

Effective June 26, 2008, Heritage Explorations Inc. has changed its name to USR Technology Inc. which reflects the new and exciting direction being undertaken by the company in the oil and gas services sector, specifically the provision of directional drilling services to international oil and gas companies, with emphasis on ultra-short radius, short radius and slim-hole applications. With the new name, the company also has a new trading symbol, "USRT", on the Over-the-Counter Bulletin Board. There have also been other changes as it relates to corporate officers and daily operations. Effective June 20th, 2008, John L. Ogden resigned as president…

WednesdayJul 02, 2008 1:35 pm

Destination Television Inc. (DSTV.OB) Proven to Increase Sales by As Much As 60%

Destination Television Inc is a media production, promotion, and advertising company focusing primarily on the out-of-home digital signage industry in the United States. Destination Television currently broadcasts Bar TV, Gym TV and Hotel TV, airing first-run movie trailers and music videos while strategically injecting advertisements in between entertainment segments. The company has just announced the results of a Forrester research study that shows sales of advertisers have increased an astounding 15% to 60%. Digital advertising, like the products offered by Destination Television, is slowly phasing out printed advertisements and is thought to be the main source of advertisement in the…

WednesdayJul 02, 2008 12:18 pm

Galaxy Nutritional Foods Inc. (GXYF.OB) Reports Net income of $1.3M

Galaxy Nutritional Foods Inc., started in 1980, is a developer and marketer of plant-based cheese alternatives, organic dairy and other organic and natural food products to grocery and natural foods retailers, mass merchandisers and foodservice accounts. Galaxy’s products are geared towards the vegetarian and vegan, although they appeal to the general health advocate as well, and are sold worldwide. Its US brands are Galaxy Veggieâ, Riceâ, Veganâ, and Vegan and Wholesome Valley Organicâ. Orlando-based Galaxy Foods, under pressure from cost increases in critical commodities, selectively raised prices, pursued cost savings in other areas, and emphasized non-casein products (casein is a…

WednesdayJul 02, 2008 12:17 pm

Hydrogenics Corp. (HYGS) Takes Part of California’s Hydrogen Highway Initiative

Hydrogenics Corp’s goal is to serve global markets as the first profitable manufacturer of hydrogen and fuel cell systems. The company develops clean energy solutions, advancing the hydrogen economy by commercializing hydrogen and fuel cell products. Hydrogenics has two core product areas: onsite generation and power systems. Hydrogenics believes the way they have designed their fuel cell “stacks” provide a unique competitive advantage, even this early in the industry’s development. They cite their design as best-in-class based upon the following factors: “High efficiency and power density in an ambient pressure design, versatility for a range of applications, compact footprint, dynamic…

WednesdayJul 02, 2008 12:09 pm

Dutton Associates Featured Company: Sinovac Biotech Ltd (AMEX: SVC)

Sinovac Biotech Ltd. (also known in China as Beijing Kexing Bioproducts) has a mission to supply vaccines to eliminate human diseases. The Chinese-based company specializes in the research, development, commercialization, and sales of human vaccines intended to treat infectious illnesses such as hepatitis A, hepatitis B, influenza and “SARS”. Working closely with Chinese public health officials, Sinovac focuses on manufacturing and marketing human-use vaccines and related products, and is currently marketing its hepatitis A vaccine. It is also the first and only company in the world to have been granted permission to begin clinical trials for a vaccine to prevent…

WednesdayJul 02, 2008 12:07 pm

Dutton Associates Featured Company: Sinobiomed Inc. (SOBM.OB)

Sinobiomed Inc. is a leading Chinese developer of genetically engineered recombinant protein drugs and vaccines. Based in Shanghai, Sinobiomed currently has 10 products approved or in development: three on the market, one awaiting approval, four in clinical trials and three in research and development. The company’s products treat a wide range of diseases and conditions, including malaria, hepatitis, surgical bleeding, cancer, rheumatoid arthritis, diabetic ulcers and burns, and blood cell regeneration. Sinobiomed explains its technology like this: “The process of discovering a new drug involves determining which proteins cause or contribute to problems in the body because they are lacking,…

WednesdayJul 02, 2008 12:02 pm

Plug Power Inc. (PLUG) and Ballard Power Systems (BLDP) Team Up to Fulfill the “Big Picture”

Plug Power Inc. (Nasdaq: PLUG) develops and deploys clean energy solutions through the conversion of fuel cell technology into continuous and backup-power products for customers around the world. In a joint announcement, Plug Power and Ballard Power Systems (Nasdaq: BLDP) announced the extension of their existing supply agreement through Dec. 31, 2010. Per the agreement, Ballard will remain the exclusive supplier of fuel cell stacks for Plug Power's GenDrive product line of fuel cell power units, specifically Ballard's Mark9 SSL fuel cell product, which is used to replace lead-acid batteries in the trucks used in warehouse, distribution and manufacturing facilities.…

WednesdayJul 02, 2008 12:01 pm

Sinoenergy Corp. (SNEN.OB) Opens the Door to Four CNG Retail Stations in the Biggest City in Central China

Sinoenergy Corp. (OTCBB: SNEN) manufactures compressed natural gas (CNG) vehicle and gas station equipment, and designs, develops and operates retail CNG filling stations in the People's Republic of China. The company today announced the opening of four new retail CNG filling stations, bringing the total of CNG filling station operations to 11 in central and eastern China. “We are very pleased to have four new stations open and operating in Wuhan and Pingdingshan,” Bo Huang, CEO of Sinoenergy stated in the press release. “Opening three new CNG stations in Wuhan is a significant milestone that we achieved after extensive coordination…

WednesdayJul 02, 2008 10:55 am

Geovic Mining Corp. (GMC:TSX) is On its Way to Becoming a Major Cobalt Producer

Geovic Mining Corp. (GMC:TSX) is an exploration stage mining company which trades on the Toronto Stock Exchange. Geovic Mining's principal asset is a significant cobalt-nickel-manganese property which is located approximately 400 miles east of the seaport Douala, located in Cameroon, Africa. Geovic Mining owns 60% of seven related deposits located on a 775-square-mile mine permit through its GeoCam joint venture with the Cameroon government. This deposit is thought to be the world's largest primary resource of cobalt. Geovic has some definite positive factors in their favor with regard to this cobalt find. The mineral deposits that the company has discovered…

WednesdayJul 02, 2008 9:28 am

SkyPostal Networks Inc. (SKPN.OB) Files 8-K Announcing Expanded Partnership with Deutsche Post’s DHL Global Mail

In an 8-K filed on July 1st, SkyPostal Networks announced that it has agreed with Deutsche Post's DHL Global Mail to extend their current partnership. The new contract will allow SkyPostal to expand its service offering to Europe, which may further increase revenues. SkyPostal already has a foothold in the LAC due to the acquisition of Spring Global Mail Latin America in August 2007. This acquisition resulted in the creation of the largest private mail service network in Latin America and the Caribbean. The company handles mail from European postal administrations, major publishers, financial institutions, and international mailers that require…

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