WednesdayMar 23, 2011 11:10 am

Doxa Energy Ltd. (DXAEF) Updates Texas Drilling Activity

Doxa Energy Ltd. issued an operational update on its oil and natural gas development activities in Texas where the company is working on several different formations on its properties. Doxa Energy Ltd. said that initial production has started on the Peeler Ranch No. 1-H well located in Atascosa County, Texas. This well was drilled and completed into the Eagle Ford Shale formation at the Peeler Ranch Prospect. The Peeler Ranch No. 1-H well was drilled with a 4,000 foot horizontal lateral and completed with a twelve stage hydraulic fracturing operation using 1.8 million pounds of proppant. The total measured depth…

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WednesdayMar 23, 2011 11:09 am

Johnson & Johnson Division Inks Exclusive Agreement with POZEN (POZN) to License Migraine Treatment in Latin America

POZEN Inc., a pharmaceutical company committed to transforming medicine, today announced that it has entered into a license agreement with Cilag GmbH International, a division of Johnson & Johnson (NYSE: JNJ), to develop and commercialize POZEN’s proprietary migraine treatment in Brazil, Columbia, Ecuador and Peru. Per the agreement, Cilag holds an exclusive license to manufacture, develop and commercialize MT 400 in the noted territories. POZEN previously licensed the U.S.-only rights of MT 400 to GlaxoSmithKline, who markets a different dose of the drug under the name Treximet®. “We are pleased to have reached an agreement with Cilag to develop and…

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WednesdayMar 23, 2011 8:33 am

Laidlaw Energy Group, Inc. (LLEG) Video Chart for Wednesday, March 23, 2011

LLEG has been consolidating for months now and deserves to be on the breakout radar.  The indicators are bullish, but some are relatively neutral because of the extended sideways movement.  The 3-year weekly chart shows a very nice cup and handle pattern. To view the video chart, visit the following link: http://www.qualitystocks.net/videocharts.php Let us hear your thoughts below:

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WednesdayMar 23, 2011 8:29 am

Heartland Bridge Capital, Inc. (HLBC) Announces Acquisition of Group of Companies

Heartland Bridge Capital, Inc. announced yesterday that they acquired a group of companies comprising iSafe Imaging. The iSafe companies acquired include iSafe Imaging, LP, iSafe Imaging Canada Ltd., and eMEDiSAFE, LP. According to the unaudited financial statements of iSafe, the companies had combined revenue of almost $1.3 million in 2010. This represents an increase of more than one-third over the 2009 revenue of approximately $0.9 million. Major iSafe customers include companies in the oil and gas, telecommunications, engineering, and medical sectors. iSafe Imaging provides digital file conversion services that convert legacy information of various formats into valuable, usable information. Services…

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WednesdayMar 23, 2011 8:27 am

BioSolar Inc. (BSRC) To Present BioBacksheet Technology at The 2011 American Chemical Society National Meeting & Exposition

BioSolar Inc., a leader in the research and development of bio-based materials from renewable plant sources for use in photovoltaic solar panels, announced that its BioBacksheet material technology will be presented at the 241st American Chemical Society (ACS) National Meeting & Exposition, which will be held in Anaheim, California during the week of March 27, 2011. The paper, which is titled “Plastic Materials from Bio-based Nylon 11 and Filled Nylon 11”, was co-authored by Dr. David Lee, the President and CEO for Biosolar; Dr. Stanley Levy, the company’s Chief Technology Officer and BioSolar’s Scientific Advisor Dr. Charles Carraher Jr., an…

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WednesdayMar 23, 2011 8:24 am

B.O.S. Better Online Solutions (BOSC) Posts 2 Consecutive Increases in Q4, FY Results

B.O.S. Better Online Solutions Ltd., a leading Israeli provider of RFID and supply chain solutions to global enterprises, yesterday reported its financial results for the fourth quarter and for the year ended December 31, 2010. The company reported that its fourth-quarter revenues grew 24 percent to $78 million, up from $6.3 million in the comparable quarter of 2009. Operating income amounted to $264,000, compared to an operating loss of $2 million in the same quarter last year, reflecting the fourth consecutive quarter in 2010 that the company has posted an operating income. EBITDA was reported at $453,000, compared to a…

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TuesdayMar 22, 2011 2:30 pm

SinoHub, Inc. (SIHI) Reports Closing of Equity Offering

SinoHub, Inc. reported the successful completion of a recent capital market transaction involving an equity offering of common stock. The company received approximately $11 million in gross proceeds in the offering. SinoHub conducted a direct offering of approximately 4.79 million shares of common stock at a price of $2.30 per share. The company negotiated the price directly with a group of institutional investors that indicated an interest in owning part of the company. The institutional investors involved in the offering also received a warrant that entitles the holder to purchase the common stock of SinoHub at a later date. Each…

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TuesdayMar 22, 2011 1:26 pm

Ecosphere Technologies (ESPH) and Subsidiary Ink Deal with Hydrozonix LLC, Anticipates $44M in Revenues

Ecosphere Technologies Inc., a diversified water engineering and environmental services company, today announced that it and its majority owned subsidiary Ecosphere Energy Services, LLC have signed an exclusive technology licensing agreement with Hydrozonix, LLC, an oil and gas services company with environmentally responsible technologies to help manage their industrial clients' water recycling programs. Per the agreement, Ecosphere will deploy its patented Ecosphere Ozonix technology in the U.S. oil and gas exploration and production industry. For Hydrozonix to maintain its exclusive position in the onshore oil and gas shale plays across the U.S., the agreement calls for Hydrozonix to buy a…

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TuesdayMar 22, 2011 1:24 pm

Shiner International (BEST) Achieves Solid Top, Bottom-line Growth for Q4, FY2010

Shiner International Inc., an emerging global supplier of packaging solutions for food, tobacco and consumer products, today announced its financial results for the fourth quarter and fiscal year ended December 31, 2010. Fiscal 2010 revenues increased 68 percent to $58.2 million as compared to $34.5 million reported for 20009. Net income for the year increased to $4.2 million, or $0.17 per diluted share, as compared to a net loss of $(99,801), or $0.00 per diluted share, for 2009. Gross profit for 2010 was $9.8 million, an increase of 113.54 percent from $4.6 million in 2009. 2010 gross margin was 16.9…

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TuesdayMar 22, 2011 10:33 am

Over $1 Million in Insurance Claims Processed by Fresh Start Private (CEYY) in February

Fresh Start Private is a leader in the alcohol treatment and rehabilitation industry. An alcohol addiction, alcohol withdrawal, alcohol abuse treatment and alcohol detox rehabilitation organization, the company has successfully treated over 5,000 addiction patients (drugs and alcohol) in the Orange County, California area. The company announced today that it has processed over $1 million in insurance claims at its Orange County clinic for the month of February. Some of the insurance providers Fresh Start Private has been working with include Blue Cross, Cigna, Aetna, United Healthcare, Healthnet, Kaiser, Anthem, TriWest, SSI, MSI and Presbyterian. One of the reasons for…

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