MondaySep 12, 2011 12:47 pm

UFood Restaurant Group (UFFC) Sees Upcoming Expansion with Military Channel Growth via Joint Venture Agreement

Located in Boston, Massachusetts, UFood is a franchisor and operator of fast-casual food service restaurants that is poised to leave their presence on the marketplace by offering a healthy lifestyles alternative to traditional fast-food restaurants. Today, UFood announced they have signed a joint venture agreement to focus on the expansion of the UFood Grill concept within U.S. military installations around the world. The joint venture agreement is with MBUF, LLC, which is a private investment group of military veterans. This venture will launch with the opening of the first of three UFood Grills at the Aberdeen Proving Ground in Maryland…

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MondaySep 12, 2011 12:35 pm

PolyMedix Inc. (PYMX) Provides Updates on Its Two Lead Clinical Programs

PolyMedix Inc. is a biotechnology company focused on the development of novel drugs for the treatment of serious infectious diseases and acute cardiovascular disorders. The company today provided an update for its two lead clinical programs. These programs are the heptagonist PMX-60056 and the defensin-mimetic antibiotic PMX-30063. PolyMedix anticipates conducting a Phase 1B/2 dose-ranging clinical trial for heptagonist PMX-60056 in the upcoming months. The trial is designed to evaluate the reversal of the low molecular weight heparin exoxoparin in healthy subjects. Data from this clinical trial will be used to establish a dose response correlation for enoxoparin and guide dosing…

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MondaySep 12, 2011 12:30 pm

Axion International Holdings, Inc. (AXIH) Begins New Worldwide Marketing Campaign to Brand Composite Rail Ties as “EcoTrax”

Axion International Holdings, Inc., a leading producer of industrial building products and railroad ties made from 100% recycled plastic and plastic composites, today announced a new name ECOTRAX™ for its 12 year old eco-friendly, longer lasting, and climate adapting railroad ties. ECOTRAX™ rail ties have proven to withstand the elements, resist rust, and do not absorb moisture, crumble, splinter or leach chemicals into the environment. Furthermore, Axion's ECOTRAX™ composite railroad ties use a patented formula that meet and exceed all AREMA standards while holding spikes, maintaining gauge and requiring no special tools for installation. ”The launch of the EcoTrax™ brand…

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MondaySep 12, 2011 9:35 am

PeopleString Corp. (PLPE) Starts Marketing Relationship with Cameo Stars to Leverage Celebrity and Brand Relationships for Promotion of Social Deals

PeopleString Corp., the creator of technologies that allow consumers to leverage their social networks to capitalize on the best national and local deals, announced it has signed a strategic marketing agreement with Cameo Stars to market PeopleString's "Share It Up" technology to national brands and marketers. Cameo Stars will make use of its significant relationships with celebrities like Carmen Electra, Kim Kardashian, Drew Brees and Dale Earnhardt Jr. to create "Social Cameos" on customer Facebook pages to increase partnerships and clients for PeopleString platforms. Cameo Stars developed an innovative social entertainment platform that brings celebrities and characters into branded content…

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MondaySep 12, 2011 8:30 am

Blue Earth Inc. (BBLU) Acquires Xnergy for $15M, Extends Reach into Western U.S.

Blue Earth Inc., a clean technology company focused on services to optimize energy use and reduce consumption costs, announced it will acquire Xnergy Inc., a California-based energy services company, for $15 million, payable in 4.5 million restricted shares of Blue Earth common stock valued at $3 per share and $1.51 million cash payable monthly over 30 months. Xnergy offers an array of comprehensive energy solutions, and was rated the No. 1 Alternative Energy Provider by the San Diego Business Journal, recognized by its service to private and public clients throughout California. Blue Earth said it believes the acquisition complements its…

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MondaySep 12, 2011 8:25 am

All American Gold Corp. (AAGC) Initiates Drilling Program on Goldfield West Project

All American Gold Corp. today announced the commencement of a drilling program for its Goldfield West project in Nevada. The property is located 4 miles southwest of International Mineral’s Gemfield deposit and 4.5 miles west of the Goldfield district, which is famous for its historic production of more than 4 million ounces of gold at an average grade of > 17 g/t Au. Drilling will target major structures which may host high-grade quartz-sulfide-gold veins similar to those in the main Goldfield district. According to today’s press release, a total of 1,550 to 2,000 meters of RC drilling is planned for…

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MondaySep 12, 2011 8:00 am

AmeriLithium Corp. (AMEL) Provides Update on Nevada Exploration Programs

AmeriLithium Corp. recently reported progress on various Lithium Brine exploration programs underway on the company’s properties in the Western United States. AmeriLithium has begun physical exploration at the Full Monty Lithium brine project located in Nye County, Nevada. The work is being conducted in partnership with Magee Geophysical Services, which has performed work on other properties for the company. Magee Geophysical Services is expected to perform a gravity survey at the Full Monty Project, as well as a topographic analysis at the site. The company will also attempt to identify paleostructures at the property. The Full Monty Lithium brine project…

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MondaySep 12, 2011 6:00 am

Fresh Traffic Group, Inc. (FTGC) Spammed Aggressively over Weekend

We have observed an influx of emails spamming Fresh Traffic Group, Inc. from various free email accounts over the weekend. Investors should be wary of these emails, as they are completely anonymous and violate the CAN-SPAM Act established by the FTC. As of this time, the company has not provided a public comment on the issue. Stocks to avoid, due diligence, monitoring investments, key terms in investing and other related topics are covered by us in our Market Basics section. Here we give answers to basic questions regarding stock investments for both new and experienced investors. To view our Market…

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FridaySep 09, 2011 4:44 pm

AtheroNova, Inc. (AHRO) and Maxwell Biotech Team Up on Atherosclerosis Drug

AtheroNova, Inc. announced Thursday the signing of a binding term sheet with Maxwell Biotech Group for Maxwell to license marketing rights for AtheroNova's AHRO-001 flagship atherosclerotic plaque regression compound. Maxwell, with offices in Boston, San Diego, and Moscow, will have an exclusive development and commercialization license for the drug in the Russian Federation, Belorussia, Ukraine, Kazakhstan, Kyrgyzstan, Tajikistan, Moldova, Turkmenistan, Azerbaijan and Armenia. As part of the deal, Maxwell, a Russian biotech venture capital company, has agreed to fund Phase I and Phase II human clinical trials in Russia, and will receive as much as $4.1 million in AtheroNova common…

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FridaySep 09, 2011 1:52 pm

Quantum Fuel Systems (QTWW) Receives Contract for Natural Gas Storage Systems

Quantum Fuel Systems Technologies Worldwide, Inc. announced that the company has received a purchase contract for high capacity, ultra-light weight composite natural gas (CNG) storage systems. These systems are being produced for Agility, a US natural gas medium and heavy duty vehicle integrator, where they will be used in Class 8 trucks. Quantum Fuel is a fully integrated alternative fuel company that develops and produces advanced propulsion systems, energy storage technologies, and alternative fuel vehicles. Quantum's portfolio includes technology such as hybrid electric drive systems and natural gas/hydrogen storage and metering systems. Quantum also develops components for hybrid and plug-in…

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