FridayJul 27, 2012 3:34 pm

3Pea International, Inc. (TPNL) Provides Update on Recent Developments and Expectation for 2012

Payment solutions company 3Pea International recently issued an update reflecting a recent pick-up in business and changes to the company’s capital structure. 3Pea recently certified its proprietary card processing platform, which is currently undergoing PCI-DSS certification. The company anticipates launching the product in the fourth quarter as it pursues opportunities to enter into new market segments. By adding processing services for 16 blood/plasma donation centers, 3Pea said it has increased its presence in the prepaid, reloadable segment of the debit card market. In May, the company signed an agreement with two creditors, under which 3Pea issued 3,335,500 shares of common…

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FridayJul 27, 2012 3:25 pm

Santa Fe Petroleum, Inc. (SFPI) Puts Long Time Company Visionary Tom Griffin in President, Chairman of the Board Slot

Santa Fe Petroleum, the full-spectrum oil and gas well developer which has established a successful track record and is currently focused on their main sites, the Huxley (Shelby County) and Santa Fe Spindletop (Hopkins County) fields in Texas, was happy to report today that the company appointed 16-year industry veteran, CEO of Santa Fe Petroleum, LLC, and long time company visionary, Tom Griffin, to the position of President and Chairman of the Board. Santa Fe Petroleum is an affiliate of SFPI and Griffin's original E&P firm. Boasting returns on investment of as much as 3:1 for some of the highly…

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FridayJul 27, 2012 8:15 am

ATA, Inc. (ATAI) Brought on as Service Provider of National Unified Certified Public Accountants Exam in China

ATA, a prominent supplier of computer-based testing and testing-related services in China, announced yesterday that in 2012 it will be the service provider of the National Unified Certified Public Accountants (CPA) Exam for the Chinese Institute of Certified Public Accountants (CICPA). For over 20 years the CPA exam has been administered in China, and as a result of its impressive credibility and high standard, it is one of the most highly regarded national exams in all of China. Last year, over 1.3 million CPA exams were given in China, with more than 550,000 test takers signing up for the professional…

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ThursdayJul 26, 2012 3:17 pm

Nova Mining Corp. (NVMN) Secures Three Major Lithium Supply Deals to Top Chinese Li-ion Battery Manufacturers within a Week

Nova Mining has worked extremely hard to secure a lithium production footprint, with three fields in Mongolia and additional interests on projects in both Canada and Africa (Guyana), in order to fulfill precisely the kind of deals like the one announced today, the third in a series of major lithium supply contracts for the company. President of NVMN, James Dilger, flew to China to personally negotiate with lithium-ion battery manufacturers and the campaign has been a rousing success, capped off by today’s report about the execution of yet another letter of intent to supply lithium, this time with big international…

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ThursdayJul 26, 2012 9:02 am

Iteris, Inc. (ITI) Obtains $900,000 CA Contract

Iteris announced recently that it had been awarded a contract from the city of Anaheim, CA. The initially approved contract is worth $928,000 for traffic signal synchronization services, and has a ceiling value of $974,000. The project will see the deployment of Intelligent Transportation System (ITS) upgrades, as well as optimized traffic signal timing. Santa Ana, CA-based Iteris is focused on the developing and deploying of systems that reduce traffic congestion, improve the safety of surface transportation systems, and provide measurement, management, and predictive traffic analytics. Iteris has offices nationwide and in the Middle East. During the past five years,…

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ThursdayJul 26, 2012 8:33 am

Morgans Hotel Group Co. (MHGC) Announces Location of Hudson London Property

Morgans Hotel Group confirmed rumors that its Hudson property will be located on Great Scotland Yard in St. James's, London. The company officially announced the Hudson London deal in June but finally revealed the project’s location today. Hudson London at Great Scotland Yard marks the beginning of Morgans Hotel Group's plan to introduce the brand into gateway markets around the globe. The company’s flagship location is in NYC. Slated to open in early 2015, Hudson London is in the heart of Westminster. Visitors will be steps away from some of the world’s most iconic landmarks, including Westminster Abbey, Buckingham Palace,…

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ThursdayJul 26, 2012 8:29 am

Green Technology Solutions, Inc. (GTSO) Mining Subsidiary Inks LOI to Take Advantage of Chile Mining Opportunities

Green Technology Solutions, a rare earth and precious metals production company, yesterday announced that its mining subsidiary GTSO Resources has signed a letter of intent (LOI) with a Canadian entity to aid in the implementation of urban mining deals in Chile. Chile boasts rich mining opportunities, which Green Technology said makes it an ideal location for GTSO to expand operations and strategy to mine for tungsten and lithium, in particular. The Canadian organization has offices in Canada and Chile, backed by experience in the identification, structuring, and development of international business endeavors. GTSO said it plans to present the specialist…

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WednesdayJul 25, 2012 1:22 pm

GreenHunter Energy, Inc. (GRH) Secures Public Pricing of 425k Shares of Series C Preferred Stock, Estimated Net Proceeds $8.3M

GreenHunter Energy is poised to drive significant shareholder returns in the burgeoning domestic/global oil and natural gas shale sector through a refined focus on the water resource services part of the company's diverse renewable energy portfolio, and reported pricing a best-efforts public offering today with projected net proceeds of some $8.3M (after typical associated expenses). The vast majority of the 425k share, non-convertible 10.0% Series C Cumulative Preferred Stock offering will be applied directly to CAPEX and operational outlays, acquisitive/developmental (direct or indirect) efforts geared to increase the company's salt water disposal architecture, beefing up the subsidiaries, handling corporate expenses,…

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WednesdayJul 25, 2012 11:57 am

CytRx Corp. (CYTR) Begins Phase 1b Clinical Trial for Aldoxorubicin in Tumor Patients

CytRx is a biopharmaceutical research and development company specializing in oncology. The company's oncology drug pipeline includes three programs in clinical development for cancer indications: aldoxorubicin, tamibarotene, and bafetinib. The company today announced the initiation of a Phase 1b clinical trial to determine the maximum tolerated dose and evaluate the preliminary efficacy of its aldoxorubicin drug (formerly INNO-206) administered in combination with the commonly used chemotherapeutic agent doxorubicin in patients with advanced solid tumors that have failed to be helped by other therapies. Aldoxorubicin is a tumor-targeting conjugate of doxorubicin. Recent animal trials using this drug combination have showed favorable…

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WednesdayJul 25, 2012 8:57 am

BIOLASE, Inc. (BIOL) Opens Cutting Edge Technology and Training Center at Corporate Headquarters

BIOLASE, a global leader in dental laser manufacturing and distribution, announced today that it has opened a technology and training center at its Irvine, CA, corporate headquarters. BIOLASE’s patented Waterlase dental laser technology, proprietary EPIC line of diode lasers, and fully functional 3D digital imaging, including NewTom Cone Beam 3D imaging and BIOLASE DaVinci Imaging(TM) products, are all incorporated into the company’s hands-on lab within this cutting edge facility. Dental professionals who wish to hone their skills and acquire certification using best-in-class BIOLASE products can utilize the training center and the specialized training sessions administered therein. The training given at…

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