Blog - Page 4784 of 5475

ThursdayJan 10, 2008 5:11 am

Commerce Planet, Inc. (CPNE.OB) Completes a 6% Stock Buy-back and Authorizes an Additional $2 Million Buy-back Program

Commerce Planet, Inc. (CPNE.OB) announced that their Board of Directors have authorized a new stock repurchase program. Under the terms of this repurchase program, Commerce intends to repurchase an additional $2 million of the Company's common stock from time to time through open market orders. During Commerce's first repurchase program, the company repurchased a total of 3.02 million shares, or approximately 6.2% of the Company's 48,637,252 million outstanding shares. As a result, Commerce was able to reduce the number of outstanding shares to 45,616,252 as of December 31, 2007. Tony Roth, CEO, stated, "We continue to feel that our stock…

WednesdayJan 09, 2008 6:33 pm

Rex Energy Corp. (REXX) Announces Results from ASP Radial Coreflood Analysis of the Bridgeport Sandstone in the Lawrence Field and Acquisition of Additional Marcellus Shale Acreage

Rex Energy Corporation (REXX) is an independent oil and gas company operating in the Illinois Basin, the Appalachian Basin and the southwestern region of the United States. The company pursues a balanced growth strategy of exploiting its sizable inventory of lower-risk developmental drilling locations, pursuing its higher-potential exploration drilling and enhanced oil recovery projects, and actively seeking to acquire complementary oil and natural gas properties. The company announced the results of its alkali-surfactant-polymer (“ASP”) radial coreflood analysis of the Bridgeport Sandstone in Lawrence Field. The independent technical consultant, Surtek, stated their analysis of the radial corefloods demonstrated that oil recoveries…

WednesdayJan 09, 2008 6:32 pm

Capstone Turbine Corporation (CPST) Announces $4.0M Order for C200 Product and Selling Out 2008 C200 Production

Capstone Turbine Corporation (CPST) announced it has received an order for approximately $4.0M from BPC Energy Systems in Moscow, Russia for its new 200kW microturbine product. With this order it has effectively “sold out” of its planned initial calendar year 2008 production. The new 200kW offering was launched in September 2007 and the C1000 product family was released at the Power-Gen International trade show in New Orleans December 2007. Capstone’s C200 product development program is partially funded by UTC Power Corporation which is providing $12.8M in cash and in-kind services in exchange for a 10% royalty payment. This new family…

WednesdayJan 09, 2008 6:30 pm

Beacon Equity Research Featured Company: XsunX, Inc. (XSNX.OB)

XsunX, Inc. (OTC BB: XSNX) utilizes its own licensed technologies to design and create a new cutting-edge manufacturing system in order to produce and market thin-film amorphous solar modules. The Company was originally formed in 2003 to develop and commercialize advanced, thin-film photovoltaic (TFPV) solar cell technologies and the manufacturing processes. XsunX will initially produce solar cells and modules incorporating thin-film amorphous silicon on glass substrates and anticipates marketing its solar cells and modules to large-scale solar energy device installers and operators. This list of installers and operators include solar farms, power purchase associations, utility companies and government agencies. The…

WednesdayJan 09, 2008 6:27 pm

Beacon Equity Research Featured Company: Green Star Products, Inc. (GSPI.PK)

Green Star Products, Inc. (OTC PK: GSPI) is involved in the production of renewable clean-burning biodiesel. The company has an environmentally friendly focus that involves them in renewable production of other products such as lubricants, additives, and devices that reduce emission. The Company also looks to have these productions improve fuel economy in vehicles, machinery, and power plants. Being an early pioneer in the research of alternative energy sources in the 1990s, Green Star Products has advanced its technologies to focus on the commercialization and mass production stage. The Company has established a number of pilot and commercial biodiesel processing…

WednesdayJan 09, 2008 6:20 pm

Beacon Equity Research Featured Company: Mammoth Energy Group, Inc. (MMTE.PK)

Mammoth Energy Group, Inc. (OTC PK: MMTE) is an energy company in the United States prospering in exploring, developing and extracting shallow gas resources and oil resources. The primary focus of the company is to identify and then evaluate oil and gas prospects. The company also provides expertise and capital for developing projects. MMTE looks for projects that will propose strong potential for commercially viable quantities of oil and gas and contracts with third parties for prospect drilling operations. Their goals also include negotiating production sales contracts and delivering oil & gas production to the marketplace. The Company owns the…

WednesdayJan 09, 2008 6:10 pm

Clarient, Inc (CLRT) to Commercialize Novel Breast Cancer Profile

Clarient, Inc (CLRT), a premier technology and services resource for pathologists, oncologists and the pharmaceutical industry, announced that the company is to begin the commercialization of a novel breast cancer test. This new offering, titled 'Clarient Insigh Dx Breast Cancer Profile', is to be sold through an exclusive license agreement with Prediction Sciences, a La Jolla, CA-based company. This new breast cancer profile, the most significant test to date in Clarient's novel marker program, is the first product in Clarient's Insight Dx line of molecular tests. These tests are being commercialized to provide valuable cancer characterization information for prognosis and…

WednesdayJan 09, 2008 6:08 pm

JayHawk Energy, Inc (JYHW.OB) Announces Hiring of New Vice President of Operations

JayHawk Energy, Inc. (JYHW.OB) announced that the company has hired Darren Schoenroth to serve as their Vice President of Operations, effective immediately. Mr. Schoenroth has over 20 years of experience in the oil and gas industry. Darren has a successful track record of identifying and successfully increasing oil & gas production in a large number of small cap companies. Currently, his area of expertise includes stimulations, production enhancement, secondary recoveries, horizontal and slant well bore experience. Lindsay Gorrill, President & CEO of JayHawk Energy, stated, "I am pleased to announce the hiring of Darren Schoenroth as Vice President of Operations."…

WednesdayJan 09, 2008 6:07 pm

Gran Tierra Energy, Inc (GTRE.OB) Finishes 2007 with Record Production Exit Rate of 3,300 BOPD

Gran Tierra Energy Inc. (GTRE.OB), a company focused on oil exploration and production in South America, announced that the company's net after royalty production had risen to approximately 3,300 barrels of oil per day. This significant increase can be attributed to greater production capacity recognized through successful drilling programs during the year 2007. Specifically, average oil production in Colombia grew to approximately 2,700 BOPD net after royalty, compared to 2,000 BOPD reported during the month of November. This continued growth is the result of increased well production capacity as well as increased infrastructure handling capacity. Dana Coffield, President and CEO…

WednesdayJan 09, 2008 6:05 pm

Transnational Automotive Group (TAMG.OB) Recognized for Winning U.S. State Department Award by California Governor & Los Angeles Mayor

Transnational Automotive Group, Inc. has being selected as one of two U.S. companies to receive the Department of State’s 2007 Award for Corporate Excellence (ACE) from U.S. Secretary of State Condoleezza Rice. In recognition of the award the company has received special commendations from the offices of California Governor Arnold Schwarzenegger and Los Angeles Mayor Antonio Villaraigosa. The ACE award was established in 1999, and it recognizes the critical role U.S. businesses play globally as good corporate citizens. Nominees are submitted by U.S. ambassadors around the world. Transnational was recognized for its work providing safe, affordable transportation and increasing local…

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