WEBM is sitting on an historic support level in the area of 75 cents. This video takes a look at not only the chart, but also the MACD indicator with regards to how it was making lower highs over the past several months. To view the video chart, visit the following link: http://www.qualitystocks.net/videocharts Let us hear your thoughts below:
Bering Exploration, Inc. issued a financial and operational update covering the company’s oil and gas exploration and development activities in the United States over the last month. Bering Exploration reported that the company has closed on the purchase of 265 acres of oil and gas leasehold in Singer, Louisiana. The company estimates that the property has gross reserves of 1.3 million barrels of oil, with a monetary worth of $104 million, or $4.16 per share. Bering Exploration also announced a successful well drilled on the company’s properties in Texas. The Chicas Locas #1 well is located at the Roxanne Field…
Today, Medina Holdings International announced that its subsidiary, WinTec Protective Systems, Inc., has executed a Distribution Agreement with Wilhelm Security Solutions, LLC. The distribution agreement will be for the sale of CorTain, a nano based polymer anti-corrosive coating system designed to either end or slow corrosion. Wilhelm Security Solutions, LLC, is a woman-owned small business (WOSB), distributor and installer specializing in building productive products for high security, defense-related and at risk environments. The company was founded by Wayne and Dianna Wilhelm whom have a combined 50 years of experience in the construction industry. Wilhelm and WinTec will make for a…
BioDelivery Sciences International Inc. is a specialty pharmaceutical company that is commercializing new applications of proven applications. The company is currently focusing its efforts in the areas of pain management and oncology supportive care. The company today announced that the commercial launch and availability of ONSOLIS (fentanyl buccal soluble film) in Canada will occur this quarter. ONSOLIS is approved in the US and Canada for the management of pain in opioid tolerant, adult patients with cancer. This product will be marketed in Canada by Meda Valeant Pharma Canada Incorporated, a joint venture between BioDelivery Sciences' commercial partner for ONSOLIS, Meda,…
Texas-based oil and gas exploration and production company Pegasi Energy Resources Corp. recently announced that the company had elected Dr. Oliver C. Waldron as Chairman of the Board. Mr. Michael Neufeld, President and CEO of Pegasi, was the previous acting Chairman of the company, and will retain the positions of President and CEO at Pegasi. Pegasi, headquartered in Tyler, TX, is currently focused on building a portfolio of drilling opportunities that exploit underdeveloped oil reserves. Current Pegasi projects include a repeatable, low geological risk, high potential project in the active East Texas oil and gas region. With over 30 years…
On Friday, B Green Innovations, Inc. announced that they signed an agreement with Telebrands "As Seen on TV" to market and license their VibeAway® product. Currently, Telebrands is testing an array of creative approaches to structure the correct sales message. If Telebrands executes a successful test, the VibeAway® product could begin a mass advertising campaign in late 2011. Jerry Mahoney, Chief Executive Officer of B Green Innovations, Inc., said, "We believe that the VibeAway® product is appealing to Telebrands because it has been proven to appeal to consumers. We entered into this agreement because we believe that the consumer appeal…
China Sunergy Co. Ltd., a specialized solar cell and module manufacturer, today announced its financial results for the second quarter ended June 30, 2011, and cut its full-year shipment outlook based on lower shipments and selling prices in the second quarter of 2011. For the second quarter of 2011, China Sunergy reported revenue of $144.0 million, a 22.4 percent increase over the second quarter of last year, but a decrease of 13.1 percent compared to the first quarter of 2011. Gross profit for the second quarter was $3.7 million, an 84.1 percent increase over the second quarter of 2010 and…
AdCare Health Systems, Inc., a leading provider of skilled nursing and assisted living facility management, announced today that they will purchase for $13.5 million an Ohio skilled nursing and assisted living community. The community has 193 beds and generates about $12 million in gross annualized revenues. AdCare plans to finance the acquisition of the assisted living facility with a 30-year, fixed-rated, tax-exempt bond issuance, and finance the skilled nursing facility with a traditional bank loan. "Our strategy of acquiring skilled nursing facilities is proving highly successful, not only in our closing rate and terms, but also in our post-acquisition performance.…
Tivus, Inc. announced that it has officially launched the e-SmartRoom™, its first-to-market no-cost solution to replace the hospitality industry’s legacy CRT TV systems with a complete TiVUS HD IPTV in-room internet and entertainment solution, including ad-insertion technology and new 42" flat-screen HDTVs. The e-SmartRoom solution has been specifically designed to be a complete HD IPTV solution with no cost to the hotel property. TiVUS' e-SmartRoom offers hotel guests unlimited in-room movie rentals, free-to-guest (HD) channels, iPad interfaces, secure wireless internet (multiple devices), and access to an in-room printer (including fax). TiVUS' e-SmartRoom solution includes: all hardware costs, all software costs,…
Cannabis Science, Inc., a pioneering U.S. biotech company developing pharmaceutical cannabis products, is pleased to announce that it has entered into an exclusive distribution agreement with Prescription Vending Machines Inc. (D.B.A. Medicine Dispensing Systems). Cannabis Science has also contracted with PVM’s principal, Vincent Mehdizadeh, to provide industry specific consulting and advisory services for the company. Pursuant to the terms of the agreement, Cannabis Science will have certain worldwide rights as PVM’s exclusive and non-exclusive distributor of all PVM products and services in the Continents of Asia, Africa, North America, South America, Antarctica, Europe, and Australia/Oceania. The companies will share in…
