ThursdayJul 28, 2011 2:42 pm

Green Technology Solutions, Inc. (GTSO) Secures $3.25M in Financing to Develop Rare Earth Resources

Green Technology Solutions successfully fuses together cutting-edge cleantech solutions with parallel interests in rare earth and precious metals exploration via the Company’s Rare Earth Exporters division. The Company announced today closing of a $3.25M financing agreement to further develop and evaluate rare earth minerals with the goal of advancing those projects to profitability. CEO of GTSO, John Shearer, made an argument with unshakeable logic: rare earth minerals are the cornerstone of modern technologies and thus are an incredibly valuable resource, whether we are talking cell phones and iPads, or wind turbines, solar cells and electric car batteries. Shearer’s dedication to…

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ThursdayJul 28, 2011 12:23 pm

Dunkin’ Brands Group (DNKN) IPO as Hot as Its Coffee

This week’s biggest IPO offered some hot trading Wednesday as shares of Dunkin’ Brands Group, the parent company of Dunkin’ Donuts, soared well past its $19 IPO price, to close at nearly $27.85, based on the company’s recognized potential for still unrealized domestic expansion. Founded in 1950 in Quincy, Massachusetts, the company began franchising in 1955, and is now approaching 10,000 stores worldwide. About 2/3 of Dunkin’ stores are in the U.S., the vast majority of which are in the East. The lack of stores in the West is viewed as a prime opportunity for increased domestic branding and growth,…

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ThursdayJul 28, 2011 11:30 am

Stratus Media Group, Inc. (SMDI) Appoints Two Executives

Live entertainment company Stratus Media Group, Inc. announced today that it has appointed Larry Peters as VP of Sponsorship Sales and Bret Johnson as Executive Director of Branded Partnerships. Peters and Johnson bring over 30 years of collective leadership in sales and business development to Stratus. Both associates work out of the SDMI Los Angeles office. "We are pleased that Larry and Bret have come aboard as new members of our expanding company and leadership team,” said Paul Sewell, SVP Global Marketing at Stratus. “Their combined success in sports, entertainment, and multimedia event platforms will extend our ability to create…

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ThursdayJul 28, 2011 10:54 am

Soligenix, Inc. (SNGX) to Receive Up to $16 Million for Its orBec Drug

Soligenix, Inc. is a late-stage biopharmaceutical company developing products to treat life-threatening side effects of cancer treatments and serious gastrointestinal diseases, in addition to vaccines for certain bioterrorism agents. The company announced today the expansion and amendment of its North American licensing partnership with Sigma-Tau Pharmaceuticals for the development and commercialization of its lead product orBec (oral beclomethasone dipropionate or Oral BDP) into the European market. Its orBec product is a potent, locally acting corticosteroid being developed for the treatment of acute gastrointestinal Graft-versus-Host-disease (GI GVHD), common and potentially life-threatening complication of hematopoietic cell transplantation. As part of the amended…

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ThursdayJul 28, 2011 9:59 am

SANUWAVE Health, Inc. (SNWV) is “One to Watch”

SANUWAVE Health, Inc. is a regenerative medicine company headquartered in Alpharetta, Georgia. The Company is focusing on the development and commercialization of noninvasive, biological response activating devices for the repair and regeneration of tissue, musculoskeletal and vascular structures. Their product and product candidate portfolio activate biologic signaling and angiogenic responses, including new vascularization and microcirculatory improvement, helping to restore the body's normal healing processes and regeneration. SANUWAVE intends to apply their PACE technology in wound healing, orthopedic/spine, plastic/cosmetic and cardiac conditions. The Company's lead product candidate for the worldwide wound care market is dermaPACE. This product has CE marking for…

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ThursdayJul 28, 2011 9:44 am

Total Apparel Group Inc. (TLAG) is “One to Watch”

Total Apparel Group, Inc. is a licensing and brand management partner for highly diversified, pre-eminent international sports, entertainment and lifestyle brands in North America. The Company has an extensive sales and distribution network. They facilitate sales as a master distributor of branded products with an emphasis on the apparel, footwear and accessory sectors. Total Apparel Group Inc. has their corporate headquarters in New York, New York. The Company is focusing on building a collection of market-leading national and international registered trademarks via joint ventures, master licensing/distribution agreements and acquisitions. Their goal is to increase the value of their trademarks by…

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ThursdayJul 28, 2011 8:33 am

California Community Bank (CABK) Releases Unaudited Second Quarter 2011 Financial Results

On Wednesday, California Community Bank released their unaudited second quarter 2011 financial results. For the second quarter of 2011, they reported net income of $212,000, or basic earnings per share of 10 cents. This is in comparison to net income of $338,000, or basic earnings per share of 16 cents, for the comparable period of the prior year. Net income for the first six months of the year was $381,000, or basic earnings per share of 18 cents, versus net income of $598,000, or basic earnings per share of 28 cents, for the first six months of 2010. California Community…

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ThursdayJul 28, 2011 8:28 am

First Quarter 2011 Results Reported by Mastech Holdings Inc. (MHH)

Pittsburgh-based Mastech Holdings Inc. is a nationwide provider of information technology and specialized healthcare staffing services to hospitals and other healthcare facilities. The company announced its financial results for the first quarter ended March 31, 2011. Revenues for the period came in at $19.9 million and represented a 27 percent increase over the corresponding quarter of 2010. Gross profit for the first quarter of 2011 totaled $3.8 million or approximately $800,000 above the gross profit for the first quarter of last year. Consolidated net income for the first quarter of 2011 totaled $37,000 or $0.01 per diluted share versus last…

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WednesdayJul 27, 2011 3:41 pm

Trius Therapeutics, Inc. (TSRX) Receives $25 Million Upfront from Bayer Healthcare for Collaboration on Antibiotic to Fight Bacterial Infectious Diseases in Emerging Markets

Trius Therapeutics, Inc., a biopharmaceutical company focused on the discovery, development and commercialization of innovative antibiotics for life-threatening infections, today announced that Bayer Healthcare will pay $25 million upfront as well as 25 percent of future development costs to develop and commercialize Trius's lead Phase 3 antibiotic, torezolid phosphate (torezolid). In addition, Trius is eligible to receive up to $69 million upon the achievement of certain development, regulatory and commercial milestones and will receive double-digit royalties on net sales of torezolid in the licensed territory. The two companies aim to get global approval for torezolid as the drug of choice…

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WednesdayJul 27, 2011 3:22 pm

Sanuwave Health, Inc.’s (SNWV) dermaPACE® To Be Highlighted in CME Presentation at APMA 2011

Sanuwave Health Inc., a medical technology company, focuses on the development and commercialization of non-invasive, biological response activating devices in the regenerative medicine area for the repair and regeneration of tissue, musculoskeletal, and vascular structures. Today the company announced dermaPACE® will be highlighted in a Continuing Medical Education (CME) accredited presentation at the American Podiatric Medical Association (APMA) 2011, which is to be held July 26-28 in Boston. Podiatrists are doctors who provide treatment for conditions that affect the ankle and foot, which includes soft tissue disorders such as diabetic foot ulcers. The presentation, which is titled “Pulsed Acoustic Cellular…

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