Blog - Page 5168 of 5514

TuesdayJun 19, 2007 4:55 am

Reed’s, Inc. (REED.OB) Completes $9 Million Capital Raise

Reed announced today that it has finished collecting approximately $4.3 million in additional subscriptions from accredited investors. In June of 2007, the company closed on subscriptions approximately amounting to $4.7 million. These two amounts total to $9.0 million. APS Financial Corporation, Texas-based securities and investment banking firm, was instrumental in connecting Reed with the financing. The funds from the private placement will be used to grow the company and for general corporate and working capital purposes. The Founder and CEO of Reed’s, Inc., Christopher Reed, stated, “We are thrilled by the level of interest the capital markets have demonstrated in…

MondayJun 18, 2007 4:41 pm

Afternoon Gainers

Trading slows down as the clock inches closer to "punch-out" time on Friday afternoons, but company shares continue to move, reflecting news and press releases posted throughout the week. The following companies closed up strong at the close of the market.Western Goldfields (OTCBB: WGDF) shares rose 25 cents, or 12 percent, closing at $2.30 this afternoon. Today the company announced that gold production at its Mesquite Mine is three months ahead of schedule. With this announcement, the company said the estimated average cost of sales increased from $335 per ounce to $350 per ounce for the first eight years of…

MondayJun 18, 2007 4:41 pm

What’s Keeping Your Berries Cold?

ThermaFreeze Products Corp. (Pink Sheets: TFZP), supplier of perishable goods, ranging from strawberries to chemicals, has developed a solution to reduce the amount of wasted goods in the supply chain - a product that keeps materials frosty for the long haul.According to the company, there has been concern regarding the inadequate temperature management in the "cold chain" that can result in the lowered quality and safety of food products. As the chain from production to delivery of these products lengthens, the safety of the food may be at risk. The company said the average food product travels hundreds, sometimes thousands…

MondayJun 18, 2007 3:29 pm

Hemis Corporation (HMSO.OB) Reports Potentially Ore-Grade Mineralization with First Drill-hole Results from El Tigre

Hemis Corporation (HMSO.OB) reported the first drill results from its El Tigre gold exploration project in eastern Sonora, Mexico. The project is currently undergoing an initial phase of diamond drilling. The initial drill holes have been on its El Tigre breccia zone where surface sampling had revealed promising gold values over a broad area. Hole ELT-001 was drilled at an angle of -60 degrees. It cut a zone of silicified breccia containing pyrite from the surface to 85 meters. For the interval from 42 to 70 meters the samples averaged 0.758 gr/T of gold. Because the geometry of the El Tigre…

MondayJun 18, 2007 3:13 pm

Independence Blue Cross of Pennsylvania Executive Named to Board of Cord Blood America Inc. (CBAI.OB)

Cord Blood America, Inc. (CBAI.OB) reports that Richard J. Neeson, Senior Vice President of Independence Blue Cross, Philadelphia, Pa., and President and Chief Executive Officer of NewSeasons, a subsidiary, has been named to its Board of Directors. "Mr. Neeson is primarily responsible for acquisitions, joint ventures and strategic partnerships, including negotiation, contract development and oversight at Independence Blue Cross, and this experience and expertise will prove invaluable for the growth through acquisitions of Cord Blood America," said Matthew Schissler, CEO. Independence Blue Cross and its subsidiaries are the Philadelphia region's largest health insurers with more than 2.6 million members locally,…

MondayJun 18, 2007 1:06 pm

Dean Sukowatey, President of ALL Fuels & Energy Company (AFSE.PK) Tells MN1

ALL Fuels & Energy Co. (AFSE.PK) reported recently that its President Dean Sukowatey, was interviewed by Market News First (www.mn1.com). In the audio interview, Mr. Sukowatey commented that: 1) The AFSE Management Team has 80 years of Ethanol Experience 2) AFSE is focused on proven technology, mirroring the technology that is in place at the Ace Ethanol plant in WI., that has been up and running since 2002. The plant uses "high efficiency dryers", for example. 3) AFSE has applied for re-listing on the OTC Bulletin Board, as AFSE is a reverse merger. 4) The Ethanol Industry has seen some…

MondayJun 18, 2007 12:47 pm

ALL Fuels & Energy Company (AFSE.PK) Received Construction Permit to Build Large Production Facility

On the 30th of last month, ALL Fuels & Energy Company announced that it received a final Air Quality Construction Permit from the Iowa Department of National Resources to build the proposed ethanol production facility. The President of the company, Dean Sukowatey, stated, “In addition to the air permit, we are finalizing the Engineering Procurement Contract with Kraus Anderson, Harris Mechanical and Delta.” His statement reaffirms ALL Fuels & Energy’s passion to keep driving forward with its business plan. The Permit is the first regulatory success for AFSE and could result in a completed 100 million gallon per year ethanol…

MondayJun 18, 2007 11:55 am

Modavox, Inc. (MDVX.OB) to Showcase its Patented, Travel Industry Streaming Video Technology, at Conference in Las Vegas

Modavox, Inc. (MDVX.OB) reports that its Chief Technology and Product Officer Nathaniel Bradley will present Modavox Enterprise Communications solutions to leading travel industry professionals at the International Traverus Travel Conference to be held at the Red Rock Casino, Resort and Spa in Las Vegas, NV, from June 22nd thru June 24th. Traverus Travel is an International travel company, with agents in five countries, specializing in the hosting and booking of travel for major International travel suppliers such as Karisma Resorts, Fun Jet Vacations, Carnival Cruise Lines and many more major suppliers in the travel industry. David Manning, President and CEO…

MondayJun 18, 2007 9:40 am

Modavox, Inc. (MDVX.OB) To Demonstrate Patented Technologies at the International Traverus Travel Conference

Modavox announced that Nathaniel Bradley, Chief Technology and Product Officer, will be presenting Modavox’s Enterprise Communications solutions to leading travel industry professionals from June 22nd to June 24th at the International Traverus Travel Conference located in Las Vegas. Traverus Travel has agents in five different countries and specializes in hosting travel for major International travel suppliers such as Karisma Resorts, Fun Jet Vacations, Carnival Cruise Lines and many more. The conference in Las Vegas will feature travel industry trainers and an award-winning actor known for his roles in Seinfeld and Dancing with the Stars. Nathaniel Bradley stated, “Our patented enterprise…

MondayJun 18, 2007 9:12 am

Hybrid Technologies, Inc. (HYBT.OB) Vehicles Selected to Highlight All-Lithium Vehicle Technology to Canadian Public

Hybrid Technologies, Inc. (HYBT.OB) reports a vehicle contract with the Canadian Government. The vehicle contract is part of the Canadian Federal Governments' ecoTRANSPORT Strategy. They will be evaluating the all-lithium powered Smart Car. As part of its environmental agenda, the Government of Canada has launched the ecoTECHNOLOGY for Vehicles Program. Building on the best elements of Transport Canada's fuel efficiency programs, which Canadians have relied on for many years, this new program will include in-depth testing and publishing of the safety and environmental performances of a range of emerging technologies for use in light-duty vehicles. In addition to showcasing these new environmentally friendly technologies…

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