Blog - Page 5087 of 5671

MondayNov 05, 2007 7:04 pm

Freegold Ventures Limited (FGOVF.OB) Appoints Steve Manz and David Knight as Directors, Morris Medd as Chairman

Freegold Ventures Limited (FGOVF.OB) announced the appointment of Mr. Steve Manz and Mr. David Knight to the Board of Directors. These appointments, following the resignation of Mr. Harry Barr and the recent passing away of board member Mr. Bernard Barlin, have already been approved by the current board of directors. Freegold Ventures also specified that Morris Medd, the current director of the company, will now function as Freegold's new Chairman. Steve Manz, the President and CEO of Freegold for the past two years, has been instrumental in assembling a senior exploration and mine development team for the company Because Manz…

MondayNov 05, 2007 7:01 pm

VirtualScopics, Inc. (VSCP) Announces Record Level of New Contracts

VirtualScopics, Inc. (VSCP), the country's forefront leader and developer of image-based biomarker solutions for the pharmaceutical, biotechnology and medical industries, announced that the company's year to date contracted agreements total $8.4 million. This significant increase does not even include an additional $4.6 million in awarded agreements still awaiting signature. Specifically, these agreements include clients from the top 15 pharmaceutical, biotechnology and medical device companies. VirtualScopics has signed 47 new contracts, with 39 additional contracts still awaiting signature and final approval. Furthermore, of the newly signed and awarded contracts, 24% are Phase III studies, 65% are Phase I/II studies and 11%…

MondayNov 05, 2007 6:59 pm

RBC Life Science, Inc. (RBCL.OB) Reports Significant Increase in Sales and Earnings

RBC Life Sciences, Inc. (RBCL.OB) has reported a 45% increase in net sales, with net sales totaling $7,857,000 in the third quarter of 2007. Whereas net sales in the same period last year totaled $5,405,000, this represents a significant increase in company operations. Furthermore, RBC's net earnings increased over 700% in the third quarter of 2007, moving from $80,000 and $0.00 per share in the third quarter of 2006 to $672,000; or $0.03 per share. RBC's net sales for the first nine months of 2007 increased over 24 percent to $20,397,000 compared to net sales of $16,416,000 in the same…

MondayNov 05, 2007 6:55 pm

XO Communications, Inc. (XOHO.OB) Wins Ruling against Level 3 Communications

XO Communications (XOHO.OB) announced that the Court of Chancery in the State of Delaware has ruled in favor of XO Communications' complaint for declaratory judgment. This court ruling, announced on Monday, has also prevented Level 3 Communications from interfering with XO's business operations and requires that Level 3 will uphold their duties under a previous agreement signed with XO Communications. In 1998, both XO and Level 3 entered into an exclusive agreement to mutually develop an extensive fiber optic network. Level 3 was to design this fiber network while XO Communications was to purchase rights to use this network. As…

MondayNov 05, 2007 6:52 pm

Worldstar Energy Corp (WSTR.OB) to Acquire Additional Ownership in Mongolian Mineral Interests

Worldstar Energy, Corp. (WSTR.OB) announced that the company has officially completed a share purchase agreement with the shareholders of Bulgan Gold Investment Limited (GIL) and Bulgan Gold Limited (BGHK). Per the stipulations of this agreement, Worldstar will acquire 2% of the issued and outstanding Bulgan GIL shares and acquire 18% of the issued and outstanding BGHK shares. Subsequently, Bulgan GIL and BGHK will receive $1,000,000 in cash from Worldstar and 10,208,791 of Worldstar's common shares without par value. The total number shares outstanding for WSTR.OB will total 67,970,625 after this agreement is wholly recognized. As a result of this acquisition,…

MondayNov 05, 2007 6:17 pm

BoonMarket Featured Client: Spirit Exploration, Inc. (SPXP.PK) Announces $4.8 Million Joint Venture

Spirit Exploration announced today that it has signed a letter of intent with an exploration company, Franzosi S.A., to enter into a joint venture which will put the Maria Olivia gold project into full production. The exploration company can earn up to 50% of the project by investing approximately $4.8 million and issuing Spirit Exploration a million shares of its capital stock. The definitive agreement is expected to be completed and signed on or before the 13th of this month. Peter Laipnieks, President of Spirit, stated, "This joint venture will accelerate our gold production plans in the Portovelo area of Ecuador.…

MondayNov 05, 2007 5:35 pm

CanAm Uranium Corp. (CAUI.OB) Distributes November Newsletter

Ryan Gibson, CEO of CanAm Uranium Corp., sent shareholders and interested investors the latest newsletter regarding his company's latest events. The entire bulletin can be viewed below. --------------------------------------------- There are many reasons why CanAm Uranium Corp is excited about its current position in the world of Uranium Exploration, especially when one considers its location to world-class uranium exploration and mining camps such as Cameco and JNR Resources. As the CEO of the Company, I am most excited about the Athabasca Basin projects and the proximity of Wheeler-Beckett to current work being performed by our neighbor JNR Resources. Therefore, I have…

MondayNov 05, 2007 5:22 pm

Axiom Management, Inc. (AXMA.PK) is a Rapidly Emerging Company in the Staffing Industry

Axiom Management is a full-service staff recruitment, fulfillment, and human resources management company. The company provides services to logistics providers, warehouses, clerical and technical companies, and light manufacturing businesses. Axiom is compliant with all of OSHA requirements which sets the company apart from much of the competition and provides it with recognized authority. The company has also distinct itself from the rest of the market by being able to market its staffing and risk management services as a complete package or separately. Axiom’s management team has the experience necessary to guide the company to greater success. Peter Morals, president of…

MondayNov 05, 2007 2:02 pm

Enherent Corp. (ENHT.OB) Increases 13.86% from “One to Watch” Alert

ENHT.OB shares closed at $0.115 today after reaching a high-of-day at $0.12. Enherent’s primary goal is to consistently deliver quality solutions and services that provide high value business success. This emphasis enables the company to stand out from the competition. The company’s methodology consists of four unique phases: define the project plan, design applicable standards, develop environments, and deploy the final system. Before moving to each phase, Enherent requires that certain exit criteria is reached in order to maximize short and long term potential. Enherent’s clients are provided with a valuable combination of in-depth experience and understanding of their specific…

MondayNov 05, 2007 8:19 am

Prom Resources, Inc. (PRMO.PK) Continues Bullish Trend as the Stock Increases 58.82% Monday Morning

PRMO.PK continued its run from last week by increasing an additional 58.82% today. In the past six trading days, the stock went from $0.01 to $0.027, which is a 170% increase. Prom Resources has been mentioned a number of stock newsletters recently including Wall Street Savant, HotOTC.com, Inside Move, OTC Picks, Stock Stars, StockEgg, and Shazam Stocks. In most recent news, the company announced that it will resume shipments of gold brearing ore at a rate of 50 kilos per week. Dror Moradov, President of Prom Resources, stated, “Standard Bank metals analyst Walter De Wet has been bullish on Gold,…

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