WednesdayAug 08, 2012 1:45 pm

L&L Energy (LLEN) Appoints Y.P. Chan as Managing Director – M&A

Today, L&L Energy, Inc. (NASDAQ: LLEN) announced that Y.P. Chan has been appointed as the company’s Managing Director – M&A. In his new role, Mr. Chan will oversee the strengthening of L&L’s coal acquisition and strategic growth in China. Dickson Lee, Chairman and CEO commented, "Bringing in talent such as Y.P. is another tangible step to strengthen our management capabilities and ensure our momentum in the Company's growth in China. His wealth of experience and knowledge, as a Columbia trained MBA and multicultural executive, are great additions to our management team. I look forward working closely with Y.P. to further…

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WednesdayAug 08, 2012 1:34 pm

El Capitan Precious Metals, Inc. (ECPN) to Put Successfully Tested New Production Process to Work on Some 180 Tons of Concentrate

El Capitan is following up the recent (July) successful test of the company's carbon pre-roast with silver-lead recovery process for concentrates, with a report today regarding developments related to the test run on some 700 lbs of concentrated material from ECPN's eponymous El Capitan, gold, silver, and platinum group metals property in New Mexico (which offered results consistent with last year's dore bar sale to Gannon & Scott). As one of the top assay firms in NA, Gannon & Scott provide a diverse array of precious metal refining services and form an excellent endpoint for the company's innovative production process.…

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WednesdayAug 08, 2012 9:48 am

UQM PowerPhase Pro® 100 Electric Drive System Installed in 100 London Taxicabs during 2012 Olympic Games

UQM Technologies, Inc. (UQM) has given a great number of athletes and dignitaries the opportunity to experience the smoothness and efficiency of their UQM PowerPhase Pro® electric drive system by equipping 100 London taxicabs with the cutting-edge system during the 2012 Olympic Games in London, England. "The demand for alternative propulsion technologies continues to expand globally," said Eric Ridenour, UQM Technologies' President and Chief Executive Officer. "We are excited that our PowerPhase Pro 100 electric drive system was selected to power a fleet of iconic London taxicabs during the London 2012 Summer Olympics. The rigorous performance requirements of these taxicabs…

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WednesdayAug 08, 2012 9:39 am

GlobalWise Investments, Inc. (GWIV) Helps the Highway Patrol

The Ohio State Highway Patrol (OSHP) is an internationally accredited agency dedicated to professional law enforcement services for the entire state of Ohio, covering roughly 11 million people and 44 thousand square miles. The agency’s Central Records Division is responsible for maintaining records and reports for all incidents involving Ohio state highways, a massive responsibility. Their growing challenge involved, for example, the creation of public access and high-speed retrieval of over 86,000 crash reports every year. The solution was the implementation of a public web access crash report system created jointly by OSHP and Intellinetics, now a wholly-owned subsidiary of…

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WednesdayAug 08, 2012 9:20 am

TNI BioTech, Inc. (TNIB) Signs Letter to Open and Operate Clinics in Africa

TNI BioTech, Inc. has announced the signing of a letter-of-intent agreement to open and operate clinics in the Republic of Malawi, Africa, for oncology and the treatment of HIV/AIDS and other infectious diseases. The agreement falls under a joint venture agreement that the company has with GB Oncology and Imaging Group LTD (GBOIG). There is a critical need in Malawi for HIV/AIDS and cancer treatment, with U.S. officials estimating the HIV infection rate as being approximately 10%. The UN estimates that nearly 23 million people in sub-Saharan Africa are HIV positive. 70% of new HIV infections worldwide are in sub-Saharan…

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TuesdayAug 07, 2012 3:31 pm

Fireman’s Contractors (FRCN) Highlights Launch of First Franchise

Fireman's Contractors, Inc., a commercial contractor for the pavement maintenance and parking lot maintenance industry, today announced the launch of its first Firemans Contractors’ franchise, “Station 1,” in the Dallas-Fort Worth Metroplex. The station began operations July 1, followed by a ribbon cutting ceremony July 14. "It's an exciting time for our company as we are having tremendous interest shown by new potential franchisees. Launching of our first franchise has bred excitement and helped expose our franchise opportunity to other quality individuals and entrepreneurs. Mr. Fred Hermosillo, who has almost 20 years of experience in the pavement industry, seized the…

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MondayAug 06, 2012 5:02 pm

CytoSorbents (CTSO) Awarded $3.8M Contract to Develop Sepsis Treatment Program

Company looks to advance polymer technologies as it meets key milestones set by Department of Defense’s Defense Advanced Research Projects Agency (DARPA) program. CytoSorbents Corp., a company using blood purification technology to treat life-threatening illnesses, today announced that it has received from DARPA a technology development contract worth up to $3.8 million as part of its Dialysis-Like Therapeutics (DLT) program to treat sepsis, an often fatal condition caused by microorganisms or toxins in the tissue or bloodstream. DARPA, an agency of the U.S. Department of Defense, is funding CytoSorbents’ development of a portable, artificially intelligent blood purification system capable of…

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MondayAug 06, 2012 5:00 pm

Chimera Energy Corp. (CHMR) Purchase Order for Key Component of Revolutionary New Non-Pollutive Fracking Alternative Announced

Chimera Energy has a rapidly growing portfolio of energy technology products focused on profiting from the current domestic shale oil boom, like their high quality polycrystalline diamond cutters (largely used in oilfield/geological drill bit manufacturing) and their revolutionary new, all-weather, non-pollutive fracking alternative, for which the company executed a purchase order today with America West Drilling Supply, covering a key component known as the casing perforator. This non-hydraulic extraction method developed by the company in China can handle extraction in areas too cold for fracking (due to the required water freezing), yet retains a comparable 65% production increase (if not…

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MondayAug 06, 2012 1:45 pm

Insmed Incorporated (INSM) Welcomes Al Altomari to Board of Directors

Today, Insmed Incorporated announced that Al Altomari has been elected to its Board of Directors, effective immediately. Including Mr. Altomari, Insmed's Board of Directors now consists of seven members. Donald j. Hayden, Insmed’s Executive Chairman, remarked, "Al brings to our Board nearly 30 years of valuable experience in the pharmaceutical industry, including more than 20 years focused on the development and marketing of specialty pharmaceutical products. We believe his expertise in these areas will be instrumental as we continue to execute on our development plan for ARIKACE®." Mr. Altomari added, "With top-line data for ARIKACE in the Company's lead orphan…

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MondayAug 06, 2012 1:43 pm

Asia Entertainment & Resources (AERL) to Acquire Bao Li Gaming Promotion

Asia Entertainment & Resources Ltd. is a holding company which operates through its subsidiaries and related promotion companies as a VIP room gaming promoter, receiving revenues from such activities. The company's VIP room gaming promoters currently participate in the promotion of three major luxury VIP gaming facilities in Macao, the largest gaming market in the world. The three facilities are located at the Star World Hotel & Casino, the Galaxy Macau resort in Cotai and the Venetian Macao Resort Hotel, also in Cotai. The company announced today that it has entered into a non-binding memorandum of understanding to acquire Bao…

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