TuesdayDec 20, 2011 9:50 am

FluoroPharma Medical, Inc. (FPMI) Raises a Collective Total of $7M in 2011

FluoroPharma Medical, Inc., a company specializing in the development of breakthrough diagnostic imaging products that utilize positron emission tomography (PET) technology to detect and assess pathology before clinical manifestation of diseases, announced this morning that they have secured an additional $1.010 million, bringing the total to more than $7 million over the course of 2011 from institutional and accredited investors. "We are excited by the opportunities this additional working capital creates for FluoroPharma to significantly accelerate development of our pipeline," stated Thijs Spoor, FluoroPharma's President and CEO. "The funding will allow us to further advance our most promising portfolio of…

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MondayDec 19, 2011 5:44 pm

Xenonics Holdings, Inc. (XNNH) Reports Fiscal Results for 2011

Today, Xenonics Holdings, Inc. released their announced financial report for the fiscal year 2011, ending on September 30. The company released an overall optimistic report. Xenonics is focused on producing ultra-high intensity lighting products as well as low-light vision apparatus for military, law enforcement, public safety, and commercial customers. The company produces the NightHunter series of lighting products, which is used by every branch of the US Armed Forces. Xenonics also produces the SuperVision line of night vision apparatus, designed for commercial and military use. During their 2011 fiscal year, Xenonics' revenue increased to $7,179,000, up from $4,397,000 in 2010.…

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MondayDec 19, 2011 2:22 pm

Obscene Jeans (OBJE) Acquisition Target Initiates Development Talks for New Social Media Platform

Obscene Interactive, subsidiary of Obscene Jeans Corp., today announced that its latest acquisition target, A-Plus Technologies (A-Plus), has commenced talks with SoKap Community Networks Inc. to co-develop a new social media platform. The two companies are discussing the possibility of the development of a crowd-funding platform called Traktorbeem, which would combine social media with investor sentiment and market trend analysis to help companies raise capital. Traktorbeem would capitalize on SoKap’s crowd-funding experience and combine it with Obscene Jeans’ and A-Plus’ software and social media expertise. “SoKap’s crowdfunding platform offers tremendous synergy potential with the social media sentiment analytics software planned…

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MondayDec 19, 2011 2:04 pm

Vermillion, Inc. (VRML) Purchases Correlogic Systems’ Assets for $435,000

Leading molecular diagnostics company, Vermillion, Inc., announced today that it has completed purchasing almost all of the assets associated with Correlogic Systems, Inc., the ovarian cancer diagnostics business. Before filing for bankruptcy protection under Chapter 11 in 2010, Correlogic pioneered the use of pattern recognition technologies in the development of proteomic, metabolomic and genomic-based clinical diagnostic tests. The company’s technology possessed a wide range of applications for creating disease classification models, biomarker discovery and new drug discovery processes. These initiatives led to cancer and non-cancer disease research, drug discovery, drug response monitoring, bio-security and other applications as published in 17…

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MondayDec 19, 2011 2:02 pm

BI-LO to Pay Winn-Dixie Stores, Inc. (WINN) Shareholders a Premium Price as Companies Announce Merger

Today, private company BI-LO, LLC, operator of some 207 supermarkets and 116 in-store pharmacies in the US SE market, and Winn-Dixie Stores, Inc. (WINN), with their fleet of some 480 supermarkets/380 in-store pharmacies, announced a merger, resulting in an extremely formidable organization. Terms of the agreement stipulate that: • BI-LO acquires all outstanding WINN shares via a transaction ($560M value) not subject to any financing conditions • WINN shareholders receive $9.50 in cash per common share (75% premium over the Dec. 16 closing price) Transaction closure is projected within 60-120 days (subject to customary closing conditions and WINN shareholder approval),…

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MondayDec 19, 2011 1:09 pm

Torchlight Energy Resources, Inc. (TRCH) Reports Farm in Agreement in Texas

Torchlight Energy Resources reported that the company has signed an agreement to farm into an oil and gas prospect in the United States. The company believes that there are commercial quantities of natural gas and condensate present on the property. Torchlight Energy Resources said that the farm in agreement was executed with La Sal Energy LLC, and covers a 940 acre block located in Waller County, Texas.  The company is required to provide funds to re-enter an existing well on the property. The well will undergo hydraulic fracturing operations and be completed to the Sparks formation. Torchlight Energy Resources will…

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MondayDec 19, 2011 9:30 am

Gunpowder Gold Corp. (GUNP) Provides Updated Results for One of Their Claim Blocks

On Friday, Gunpowder Gold Corp. provided updated results for one of their claim blocks in their Dome Rock gold project in La Paz County, Arizona. Work included sediment and outcrop chip sampling from within Gunpowder Gold's 100 percent owned BHR62 claim block. Project geologists collected 16 rock chip and 22 sediment samples, all of which underwent submission for 34 element analysis by ICP (inductively-coupled plasma) and gold analysis by gold assay and ICP finish. Several of the samples were anomalous for copper and gold. Positive results include assays of 17ppb Au, 3.5ppm Ag, 1,000ppm Cu, and strong pathfinder indications for…

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MondayDec 19, 2011 9:28 am

Genetic Technologies Ltd. (GENE) Appoints Dr. Mel Bridges as New Chairman Replacing Sid Hack

Genetic Technologies Ltd., a leading-edge genetic testing and fertility services business from Australia that has an extensive range of international patents and allied research activities aimed at uncovering the impact of DNA on health, recently announced the appointment of Dr. Mel Bridges as their new Chairman and non-executive director of the Company. Dr. Mel Bridges has an extensive healthcare and diagnostic resume including the founding and managing of leading major diagnostics, therapeutics and medical device businesses like ASX listed Panbio Ltd. and ImpediMed Ltd. During his 30 year career, he has also served in prominent roles as director and chairman…

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MondayDec 19, 2011 9:18 am

Rainbow BioSciences (RBCC) Reaches New Heights with n3D Nanoparticle Technology

Rainbow BioSciences is a company on the rise. Located in Nokomis, Florida, Rainbow BioSciences has quickly made a name for themselves on Wall Street. A division of Rainbow Coral Corp., the young company has continually sought new partnerships with biotechnology developers to deliver new medical technologies and innovations. Friday, Rainbow BioSciences announced they have begun due diligence for potential acquisition or joint venture with n3D Biosciences, Inc. n3D is known as a developer of a revolutionary nonparticle cell-growth technology and offers a tremendous opportunity for the future of cell research for both companies. Leading the way at Rainbow BioSciences is…

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FridayDec 16, 2011 2:21 pm

SmallCapVoice Featured Company: Exergetic Energy, Inc. (XNGR)

Exergetic Energy, Inc., a holistic energy supply company, is focused on reducing the carbon footprint of its customers. Located in Detroit's Tech Town, EEI develops, markets, and manufactures low cost components for energy systems. The company's strengths are core engineering and research within the renewable energy sector. Exergetic adds efficiency and improves the bottom line for clients transitioning from old to new methods of energy consumption. The company focuses on the production of cost-effective components for current and future energy supply, carrying their clients into a bright energy future. Let us hear your thoughts: Exergetic Energy, Inc. Message Board

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