QualityStocks Stock Newsletters Archives - Page 1104 of 1818

ThursdayMar 20, 2008 1:25 pm

ThermoEnergy Corporation (TMEN.OB) Director Makes Additional $750,000.00 Investment in Company

ThermoEnergy, a diversified technologies company engaged in the worldwide commercialization of patented and/or proprietary municipal and industrial wastewater treatment and power generation technologies, announced March 20, 2008, that Martin A. Roenigk, a ThermoEnergy board member, made a $750,000.00 investment in the Company under terms of the Securities Purchase Agreement dated March 23, 2007. Roenigk, a former Chairman and CEO of CompuDyne Corporation, was elected to ThermoEnergy’s Board in 2007. Roenigk, who was previously employed as a Certified Public Accountant with Arthur Anderson & Company, also worked for 23 years with Travelers Corporation - 10 of those years in Travelers’ Corporate…

ThursdayMar 20, 2008 1:21 pm

Silverstar Holdings, Ltd. (SSTR) Completes Convertible Debt Financing of $7.5 Million

Silverstar, an international publisher and developer of interactive entertainment software, has completed a $7.5 million four-year fixed interest secured convertible debenture. The Company will use about $3.9 million of the proceeds to complete the final earn-out payment for acquisition of Empire Interactive, a leading developer and publisher of interactive entertainment software games. Interest of 9% per annum is payable in cash or kind for the term of the loan subject to certain volume requirements. The conversion price is $1.20 per share and includes mandatory conversion provision at $2.40 per share or double the exercise price. The agreement also includes warrant…

ThursdayMar 20, 2008 1:13 pm

Oncology Med, Inc. (ONCO.PK) Executes Second Contract for New Branchytherapy Program

Oncology Med, Inc., a public company engaged in the fulfillment of services related to the treatment of various cancers, announced the execution of a second contract for its new Brachytherapy programs with an ambulatory surgical center located in the Northeastern U.S.. Brachytherapy is the treatment of prostate cancer through the implantation of radioactive seeds. The contract will add $300,000.00 in revenues over the next year, increasing the Company’s run rate by 15% over 12 months. “I’m extremely pleased with the execution of our second contract for our new prostate cancer brachytherapy program,” said Dr. William J. Walker, Chairman of Oncology…

ThursdayMar 20, 2008 1:07 pm

Lumera Corp. (LMRA) Signs $2.2 Million Contract with U.S. Air Force Research Laboratory

Lumera Corp. (NASDAQ: LMRA) today announced it has secured a $2.2 million contract with the U.S. Air Force Research Laboratory to fabricate low driving voltage, electric-optic modulators using Lumera’s organic polymers. Lumera designs electro-optic components based on its proprietary polymer compounds for the telecommunications and computing industries. The company’s wholly-owned subsidiary, Plexera Bioscience LLC, allows Lumera to engage in the life sciences market with tools, content and methods used to simplify and accelerate proteomic discovery for therapeutic antibodies as well as predictive biomarkers. “Current concepts of phased array radar and high-performance satellite systems require high-bandwidth electro-optic modulators with low driving…

ThursdayMar 20, 2008 11:51 am

Midway Games, Inc. (MWY) Tries to Rebound as Zucker Steps Down, Booty Takes the Helm

Midway Games, Inc. (MWY) announced Thursday that Matthew V. Booty will serve as interim chief executive and president when current Chief Executive David Zucker steps down. Booty, who has worked with Midway - a developer and publisher of interactive entertainment software - since 1991, served most recently as senior vice president of Worldwide Studios. The company’s board of directors says it is searching for a new president and CEO. “I look forward to helping Midway’s Board choose an outstanding new CEO and I am pleased that we already have some highly qualified candidates in mind,” said Sumner M. Redstone, CEO…

ThursdayMar 20, 2008 10:59 am

MyECheck, Inc. (MYEC.OB) Signs Agreement with Another Online Retailer

MyECheck recently added more online retailers to its Online Check Service, sending a vivid message to consumers that it is okay to pay by check online. The latest retailer to sign on is MySolitaire.com. MyECheck is a leading provider of alternative payment solutions to credit cards for brick & mortar, internet and mobile commerce. The Company’s patent pending software can debit every U.S. checking account, even accounts that ACH cannot debit. This solution allow companies to use the check payment alternative at a much lower cost than credit or debit cards, thus providing online merchants financial access to more consumers…

ThursdayMar 20, 2008 10:46 am

Dutch Auction Results Are In: Diamond Management & Technology Consultants, Inc (DTPI) to Buyback of 2.7 Million Shares

Diamond Management & Technology Consultants, Inc. (DTPI) announced that it will buy back 9 percent, or 2.7 million shares, of its own stock for $6 per share, or a total of $15.9 million. The buyback is a result of the management and technology consulting firm’s Dutch auction that was announced last month and expired on March 11. Diamond’s Dutch auction began on February 12, 2008 and lasted for 20 business days. The company plans to finance the repurchase from its existing cash and cash equivalents balance, which was approximately $65 million as of December 31, 2007. Morgan Stanley served as…

ThursdayMar 20, 2008 8:58 am

OTCPicks Featured Company: JC Data Solutions, Inc. (JCDS.PK) Taking Steps to Protect Shareholder Value

JC Data Solutions, Inc. (OTC: JCDS) announced that they are taking steps to combat illegal trading activities and will commence the process to conduct share counts of their securities. The company attained evidence that certain brokers may have issued phantom shares, and according to the NASDAQ Regulation SHO Threshold List, JCDS has been listed for over forty days, confirming that stock manipulations have taken place. Cary Allen, CEO of JC Data Solutions, Inc. stated, "Our intentions with this announcement are not to alarm our investors but to inform them that we are aware of the likelihood of stock price manipulation…

ThursdayMar 20, 2008 7:18 am

HotOTC Featured Company: Nitro Petroleum Inc. (NTRO.OB) Added to Watch List after Recent Share Cancellation

Nitro Petroleum Incorporated announced on Tuesday that it had received an irrevocable letter of intent from the major shareholder of the company whereby 100,000,000 restricted shares will be returned to the company for cancellation. Today, the announcement came that those 100 million shares have been cancelled and will be returned to treasury stock. The cancellation of those 100 million shares resulted in a 67% reduction in company's total outstanding shares, leaving the company with only 48,540,000 shares of common stock outstanding. Nitro is a small to midsized independent energy company that actively engages in the acquisition and development of oil…

ThursdayMar 20, 2008 6:58 am

Lawsuit Against Uranium Energy Corp (UEC) Dismissed as Groundless Allegations

A local lawsuit filed this week in Victoria County, TX, against Uranium Energy Corp (UEC) was dropped based upon groundless allegations. The lawsuit, filed in the U.S. District Court by Goliad County and one landowner, alleged that Uranium Energy was violating the Safe Drinking Water Act in the areas it was drilling. The Texas Railroad Commission, the state’s senior regulatory agency over uranium exploration, investigated the allegations in September 2007 and found them to be without merit. A quote from the original finding follows: “…the agency’s investigation of your complaint has not revealed any practice or activity at UEC’s Uranium…

Site Search

Company Search

Category: QualityStocks Stock Newsletters