Blog - Page 4986 of 5757

MondayFeb 11, 2008 4:39 am

Alynx, Company (AYXC.OB) Completes Merger With Medical Device Company MiMedx, Inc.

Alynx, Company (AYXC.OB) announced that the company has completed their acquisition of 100% of the outstanding shares of MiMedx, Inc. - a development-stage medical device company, based in Tampa, Florida. Subsequent to this transaction, Alynx has issued approximately 52.9 million new shares of common stock and approximately 3.7 million new shares of their preferred stock. Furthermore, Alynx repurchased and canceled 20.0 million shares of their outstanding common stock. The shares issued in the merger were issued pursuant to a private placement and are not presently eligible for resale to the public. Lastly, the executive officers and directors of MiMedx have…

MondayFeb 11, 2008 4:36 am

Adolor Corporation (ADLR) and GlaxoSmithKline (GSK) Announce Pertinent Extension

Adolor Corporation (ADLR) and GlaxoSmithKline (GSK) announced that the U.S. Food and Drug Administration has informed Adolor that the Prescription Drug User Fee Act action date for Adolor's ENTEREG product has been extended to May 10, 2008. Additionally, Adolor has also submitted an elaborate ENTEREG Risk Management Program to the FDA. ENTEREG 12 mg capsules were designed specifically for in hospital, short term use. Adolor asserts that this drug is able to accelerate upper and lower gastrointestinal recovery following partial large or small bowel resection surgery. Currently, there are no other FDA approved drugs for this indication. Michael R. Dougherty,…

MondayFeb 11, 2008 4:35 am

Diamond I, Inc (DMOI.OB) Announces Revised Oil and Gas Strategy

Diamond I, Inc (DMOI.OB) announced that the company has received numerous oil and gas proposals since their initial diversification into the oil and gas industry. Currently, Diamond I expects that the company will continue to receive a high volume of business proposals as the price of oil continues to rise. The company expects to begin additional near-term oil production without sacrificing DMOI's long-term success immediately. David Loflin, CEO, stated, "We are understandably excited by the reaction to our entry into the oil and gas marketplace. With our six-well deal already in hand, we are intent on taking advantage of the…

FridayFeb 08, 2008 5:41 pm

China Health Resource, Inc. (CHRI.OB) is "One to Watch"

Through its subsidiary, Suining Yinfa DAR Industrial Co., Ltd, China Health Resource, Inc. (CHRI.OB) produces, processes and sells one of the major Chinese herbs, Dahurian Angelica Root. The herb is used by many to alleviate pain, high blood pressure, cancer and other illnesses. Dahurian Angelica Root also has applications in cosmetics and chemistry as well. Suining Yinfa DAR Industrial Co. is committed to developing traditional Chinese herbal medicine and has spent considerable resources Researching and Developing alongside Chengdu University of Traditional Chinese Medicine and Sichuan Provincial Chinese Medicine Research Institute. As a result of their dedicated investment, Dahurian Angelica Root…

FridayFeb 08, 2008 5:21 pm

Simulations Plus Inc. (SLP) Management Shows Route to Higher Value-Added Information Technology

Though this stock is ahead of its industry and sector in terms of recent sales growth and Gross Margin as well, these are not the most interesting reasons to consider investing in this particular software and programming business. Veteran investors in technology are aware that only continuous upgrades can protect stock value in a field of rapid margin erosion and even obsolescence. This is the case of a company taking a firm position in extremely profitable and socially important fields of activity. The business relates to the invention and development of new drugs, education, productivity, and helping individuals with disabilities…

FridayFeb 08, 2008 5:16 pm

Sharps Compliance Corp. (SCOM.OB) Business Secures the Best Healthcare Services

Any management that puts profitability front and center deserves investor support. This is a case of a stock with twice the operating margin during the quarter ended December 2007 compared to the average for the last four quarters. The improvement comes after an increase in marketing expenses, and only 18% sales growth, which proves that the business has clamped down on unproductive overheads and expenses. There is more: the stock presents a rare opportunity to combine financial gains with social responsibility. The business relates to the safe disposal of needles used by patients and small medical institutions. The company has…

FridayFeb 08, 2008 5:12 pm

USTelematics, Inc. (UTLM.OB) Secures Distribution Agreement with Mobile Electronics Leader, Car Toys

USTelematics, Inc. recently announced it has reached a distribution agreement with the commercial division of Car Toys, moving forward with its plan to commercialize its Voyager product lines. Car Toys, the 5th largest national mobile electronic retailer, is the No. 1 accessory retailer for leading auto dealers. Voyager is a line of devices for receiving digital television in moving vehicles. Voyager offers 100s of channels of live and stored TV, music, movies and games. It also has a built-in CD/DVD player, and surrounds the vehicle in WiFi connection, allowing for online laptop connection as well. Per the agreement, Car Toys…

FridayFeb 08, 2008 5:08 pm

QuoteMedia, Inc. (QMCI.OB) Covers All Bases for Market Solutions

QuoteMedia (OTCBB: QMCI) develops user friendly, customizable financial market data and related services. The company’s full line of content solutions is embedded directly into the users’ Web page for seamless integration. Dynamic Quote and Chart Modules allow the user to dig for market research data on any symbol, and to chart intraday and historical displays. Portfolio management can be done via desktop or wireless device for both non-professional and professional users. The application gives real time, immediate access to the market and research capability for individual or enterprise investors. The large selection of customizable headline and story modules allow the…

FridayFeb 08, 2008 4:53 pm

Security With Advanced Technology, Inc. (SWAT) is “One to Watch”

Security with Advanced Technology Inc., a non-lethal security products company, has recently received favorable results in protecting its intellectual property rights and is looking forward to aiding peaceful conflict resolution. It has also received favorable response regarding a warrant issue of over $3.5 million that will help in providing products to accomplish this goal. In many respects, these two events could be considered “housekeeping” events that position the company to move forward in a productive manner. In past quarters, the company has experienced bottlenecking in certain inventory and manufacturing areas. The issuance of warrants, 90% accepted, will let the company…

FridayFeb 08, 2008 4:48 pm

Transocean Inc. (RIG) Announces Update on Fleet Contract Status

Transocean Inc. (RIG) is the world’s largest offshore drilling contractor and a provider of drilling management services worldwide. The company has a fleet of 140 mobile offshore drilling units, and currently has eight ultra-deepwater units under construction. The company also owns or operates a contract drilling fleet of 39 High Specification Floaters, 29 Midwater Floaters, 68 Jackups and four other assets utilized in the support of offshore drilling activities worldwide. Transocean recently announced that its report of drilling rig status and contract information covering the company’s 140-unit offshore drilling fleet has been updated as of Feb. 5, 2008. Drilling rig…

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