FridayOct 21, 2011 4:13 pm

Legend Oil and Gas Ltd. (LOGL) Closes on Acquisition of International Sovereign Energy Corp.’s Canadian Assets

Today, Legend Oil and Gas Ltd. announced that it has closed the acquisition of International Sovereign Energy Corp.’s Canadian assets, excluding its Marwayne, Alberta heavy oil property. The acquisition contains a mix of oil and gas production in the Provinces of Alberta and British Columbia totaling approximately 300 BOE/d (Barrels of oil equivalent per day, with gas converted at 6:1). It also gives Legend Oil and Gas a significant amount of undeveloped mineral assets. Prior to closing, the companies signed a farm-out agreement relating to two additional parcels, which will see two wells drilled to test the Nisku formation at…

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FridayOct 21, 2011 3:35 pm

Thwapr, Inc. (THWI) Rolls Out New Comprehensive Content Management Online Dashboard System Aimed at Mobile Video Marketers

Thwapr, which has established itself as a leading presence in mobile video through the clever leadership of the Company’s ex-Apple, Avid and MTV pioneers in the field, unveiled their new platform for allowing marketers to seamlessly deploy, track and quantify mobile video campaigns, the Content Management Online Dashboard (CMOD). CEO of THWI, Bruce Goldstein, described the CMOD as the ultimate tool for real-time scoping of the efficacy of deployed content and touted the massive ease-of-use characteristics of the platform. With the CMOD, marketers can now simply upload and farm out video content to their mobile fan base with ease, all…

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FridayOct 21, 2011 2:50 pm

Vuzix Corp. (VUZI) Acquires Nokia License to Develop See-Through Optics

On October 21, Vuzix Corp. announced that the company has entered into an agreement with Nokia to produce see-through waveguide optics components intended for use in near-eye display systems, which would then be used in head- and eyewear-mounted video displays. These displays would be based on see-through Exit Pupil Expanding technology, which is proprietary to Nokia. Originating with products intended for defense research, Vuzix holds over fifty patents and supplies video eyewear to defense, consumer, and entertainment markets. Vuzix creates technologies that are used in tactical wearable displays, thermal sighting systems, and augmented reality systems. The company has won various…

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FridayOct 21, 2011 2:44 pm

Magnum Hunter Resources Corp. (MHR) Issues Oil and Gas Update

Magnum Hunter Resources issued an operational update on the company’s oil and gas development in the Williston Basin, where the company is pursuing the Three Forks Sanish formation. Magnum Hunter Resources reported the production results of three recent wells drilled and completed into the Three Forks Sanish formation. The names and initial production rates for these wells are: • Ranchero 18-19-163-98 - 862 barrels of oil equivalent (BOE) per day • Impala 23-14-163-98 – 673 BOE per day • Geralyn Marie 34-163-99 – 565 BOE per day All three wells are located in Divide County, North Dakota. Magnum Hunter Resources…

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FridayOct 21, 2011 2:04 pm

Capital Market Expert John Di Girolamo Joins Golden Phoenix (GPXM) Board of Directors

Golden Phoenix Minerals, Inc. was pleased to announce earlier today that on October 20th, 2011, its Board of Directors appointed Mr. John Di Girolamo to its Board, effective immediately. "The appointment of John Di Girolamo to our Board of Directors provides the Company with significant capital market and senior exchange expertise," commented Tom Klein, CEO of Golden Phoenix. "John's 15 years of financial and mining experience can be utilized in assisting our Board as an Independent Director." Mr. Di Girolamo has accumulated more than a decade of professional experience. He has participated in capital raises in excess of $200 million…

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FridayOct 21, 2011 1:54 pm

Athersys Inc. (ATHX) Forms Alliance with National Multiple Sclerosis Society Subsidiary to Advance Candidate for MS Treatment

Biopharmaceutical company Athersys Inc. and Fast Forward LLC, a nonprofit subsidiary of the National Multiple Sclerosis Society, today announced an alliance to fund the development of Athersys' MultiStem® adult stem cell platform for the treatment of Multiple Sclerosis (MS), a chronic, unpredictable neurological disease affecting the central nervous system. The MultiStem platform includes the treatment of chronic progressive forms of the disease, and was designed with the goal of accelerating the clinical application of MultiStem for patients diagnosed with MS. "We are pleased to partner with Athersys to develop a new approach to treat MS with their proprietary platform, MultiStem,"…

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FridayOct 21, 2011 9:52 am

OncoSec Medical Inc. (ONCS) Submits Device Master File to FDA for Medical System that Treats Solid Tumor Cancers

OncoSec Medical Inc., an advanced-stage biomedical company focused on commercializing therapeutic oncology products, today announced that they have submitted to the US Food and Drug administration (FDA) the Device Master File (DMF) for their patented Onco Medical System (OMS). The OncoSec Medical System has been shown to be safe and effective for the treatment of solid tumor cancer cells in numerous clinical trials. The regulatory filling of the DMF, which includes technical manufacturing, clinical and non-clinical information, allows the FDA to review the complete OncoSec Medical system when any investigational clinical study application references its use. "This DMF submission brings…

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ThursdayOct 20, 2011 2:32 pm

Tranzyme Pharma (TZYM) Listed on Deloitte’s 2011 Technology Fast 500

Located in North Carolina, Tranzyme is a late-stage biopharmaceutical company focused on discovering, developing and commercializing novel, mechanism-based therapeutics for the treatment of upper gastrointestinal (GI) motility disorders. Today, Tranzyme took a major step towards prominence with the announcement they have been ranked as the 54th fastest growing company in North American on Deloitte’s 2011 Technology Fast 500. Leading the way at Tranzyme Pharma is Vipin Garg whom serves as the company’s President and CEO. In reference to this honor, Garg was quoted as saying, "We are very pleased to be recognized by Deloitte as one of the fastest growing…

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ThursdayOct 20, 2011 12:57 pm

TiVUS, Inc. (TIVU) Provides Comprehensive Investor Update

Earlier today, TiVUS, Inc. reported on ongoing sales and installations initiatives, as well as the company's regulatory compliance activities. "I would like to update TiVUS friends and shareholders on a number of new and ongoing projects of interest to all," commented Shiva Prakash, TiVUS' president and chief executive officer. "Foremost, I would like to relay that we are awaiting the return of an executed five-year, multi-million dollar contract from Host Hotels & Resorts ("Host") for the fully operational high-definition ("HD") internet-protocol television ("IPTV") platform with TiVUS' proprietary ad-insertion system,” he continued. “The inaugural installation is currently running in Host's premier…

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ThursdayOct 20, 2011 12:50 pm

Stevia Corp. (STEV) Appoints New Chief Scientist to Head Vietnam-based Stevia Developments

Stevia Corp., a farm management company focused on the economic development of alternative sweetner, Stevia, today announced Dr. Young Cheol Cho as the company’s new chief scientist. He will be based in Vietnam with the responsibility of spearheading the development of Stevia. "Through our development agreement with Agro Genesis we are extremely fortunate that they have provided us with the expert services of Dr. Cho on a dedicated full time basis. He will be living in Vietnam where he will assemble a team of experts to lead and accelerate our field program targeting the yield and quality of our Stevia…

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