WednesdayJan 19, 2011 12:22 pm

Trans-Pacific Aerospace (TPAC.OB) Meets Eligibility Requirements for $2.2M Grant from China

Trans-Pacific Aerospace Company Inc., designer and manufacturer of bearing technologies for commercial aircraft use, today announced that its China enterprise has confirmed its eligibility to receive a 15 million yuan ($2.2 million) business development grant from China. Bill McKay, CEO of Trans-Pacific, said the eligibility reflects the Ministry of Science and Technology’s favor for the company, and that the eligibility positions Trans-Pacific as a recognized domestic China bearing manufacturer and a high-value company in the Guangzhou Technology Development Zone. Once the company finishes producing test parts, which will be submitted to the U.S. Navy for certification, McKay said the discussions…

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WednesdayJan 19, 2011 11:11 am

Pernix Therapeutics Holdings, Inc. (PTX) Announces FDA Approval of Natroba

Today before the opening bell, Pernix Therapeutics announced that the U.S. Food and Drug Administration (FDA) has approved Natroba™ (spinosad) Topical Suspension, 0.9% to eliminate head lice (pediculosis capitis). Shown to resolve most head lice problems in approximately 10 minutes with just one application and no nit combing, Natroba™ is expected to hit the market in the first half of this year. “We believe Natroba™ gives physicians and parents a game-changing solution to the problem of head lice,” stated Bill Culpepper III, president of ParaPRO, LLC. “Natroba™ is the only head lice treatment whose approval is supported by superiority studies…

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WednesdayJan 19, 2011 11:04 am

Railroad Tie Subcontract Worth $100,000 Awarded to Axion International (AXIH.OB)

Axion International is a leading structural solution provider of cost-effective alternative infrastructure and building products. The company's proprietary technologies allow it to produce the world's strongest recycled composite plastic industrial building products and railroad ties. Developed in conjunction with Rutgers University Materials Science and Engineering Department, Axion's proprietary Recycled Structural Composite material is inert and contains no toxic materials. It will not warp and is impervious to insect infestation. In addition, Axion's products are completely recyclable at the end of their functional life. The company announced today that it has been awarded a $100,000 railroad tie subcontract in support of…

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WednesdayJan 19, 2011 11:02 am

OMNOVA Solutions Inc. (OMN) Reports Results for Fourth Fiscal Quarter

OMNOVA Solutions Inc. reported financial and operating results for the fourth quarter of fiscal 2010. The company saw higher overall revenues and record operating profit in its Performance Chemicals Segment. OMNOVA Solutions Inc. reported adjusted net income of $8.2 million, or $0.18 per diluted share, in the quarter ending November 30, 2010. The company reported adjusted net income of $11.5 million, or $0.26 per diluted share, in the same quarter of 2009. OMNOVA Solutions Inc. said that the reported adjusted net income amount for the fourth quarter contains several unusual items. These include acquisition expenses and the reversal of a…

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WednesdayJan 19, 2011 11:01 am

ONE Bio Corp. (ONBI.OB) Granted the Designation of High-tech Enterprise by Fujian Provincial High-tech Department

ONE Bio Corp. announced yesterday that their subsidiary, Green Planet Bioengineering, Co., Ltd. through their Chinese operating unit, was granted the designation of high-tech enterprise by the Fujian provincial High-tech Department. ONE Bio, Corp.'s Chief Executive Officer, Mr. Marius Silvasan, stated, "Obtaining the high-tech designation in China is a great achievement for our Company both in terms of customer and general market recognition as well as for financial benefits." Mr. Silvasan added, "We drive innovation through our in-house R&D team. Our team's research has allowed us to file patents related to various extraction processes that we utilize today throughout our…

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WednesdayJan 19, 2011 11:00 am

Unilava Corp. (UNLA.OB) and China Wi-MAX (CHWM.OB) Team Up to Capitalize on Growing China Market

Unilava Corp, a leading provider and developer of diversified communications and services across multiple devices and software platforms, announced today the first implementation of their Letter of Intent with China Wi-Max Communications to identify funding and resource opportunities to support engineering and capital needs towards their joint venture. Unilava's recent data center expansion with China Dragon Telecom, a pending acquisition, will help the companies meet the increased data needs in China. China Wi-Max has already invested more than $4 million developing fiber wireless services in China to offer customers advanced technology, improved reliability and fast data speeds. The companies aim…

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TuesdayJan 18, 2011 5:29 pm

T3 Motion (TMMM.OB) Continues a Strong Start to 2011

2010 ended with T3 Motion, Inc. receiving an order through its Argentinian partner Van Zandweghe Hnos (VZH S.R.L) for 28 units of the T3 i-Series Electric Stand-up Vehicle (ESV) designed for international law enforcement and security markets. The Costa Mesa, California-based company kicked off the New Year with an order for the deployment of two iconic T3 Series ESV’s to the Pentagon. Yes, that’s correct. The U.S. Pentagon is now using the Company’s vehicles to patrol the perimeter of one of the most important buildings in the United States. International distribution continued to make great strides as its partnership with…

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TuesdayJan 18, 2011 3:27 pm

Blacksands Petroleum, Inc. (BSPE) Issues Oil and Gas Update

Blacksands Petroleum, Inc. recently provided an update on its oil and gas activities in the United States, where the company is developing various formations in Texas, Colorado and New Mexico. Blacksands Petroleum, Inc. has started drilling the Everett Well No. 3 located at the Clark field project in Texas. The company plans to drill the well to a total depth of 9,200 feet and test out various formations including the Wolfcamp, Strawn, and Spraberry zones. Blacksands Petroleum, Inc. also plans to commence drilling in the Pedregosa Basin Project located in New Mexico. The company’s first well will be the Big…

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TuesdayJan 18, 2011 3:25 pm

F-3 Technologies, Inc. (FTCH.PK) is “One to Watch”

Founded in 2002, F-3 Technologies, Inc. is a software innovator focused on creating specialized social networks for groups ranging from homeowners associations to music fans. Their flagship products stand as evidence of their commitment to revolutionizing the way people interact, manage their businesses, and take back the ownership in generating money from the valuable content they create. F-3 Technologies, Inc. has their corporate headquarters in Alpharetta, Georgia. The Company's products include Interaction Community Systems™. This is an online tool for homeowners associations and other member groups. F-3 Technologies also provides Interactive Defense System™ for police and other municipal departments. They…

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