WednesdayDec 08, 2010 4:34 pm

Halozyme Therapeutics, Inc. (HALO) Announces Completion of Enrollment of Phase III Study

Biopharmaceutical company Halozyme Therapeutics, Inc. announced today that Roche has completed patient enrollment for the pivotal Phase III study of Herceptin SC. The compound is a subcutaneous formulation that uses Halozyme's Enhanze technology. The Phase III trial is a randomized, open-label, non-inferiority design that has enrolled 595 patients with early stage HER2-positive breast cancer. The study will evaluate two primary endpoints that compare Herceptin administered IV and SC for complete pathologic response between treatment cycles 8 and 9 and serum concentration during the first 8 cycles. Secondary endpoints will also be measured in this investigational study including an evaluation of…

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WednesdayDec 08, 2010 4:30 pm

VAALCO Energy, Inc. (EGY) Issues Oil and Gas Update

VAALCO Energy, Inc. issued an operational update on its oil and gas exploration and development activities at its acreage located offshore Africa in Gabon. The company is focused on the Etame Field, where it has several prospects. VAALCO Energy, Inc. reported that the company has started oil and gas production from a development well located off the coast of Africa. VAALCO Energy, Inc. said that the ETBSM-2H well located in the South Tchibala field started production on November 26, 2010, and is currently producing 3,800 barrels per day of oil. VAALCO Energy, Inc. originally encountered problems during the completion process…

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WednesdayDec 08, 2010 4:27 pm

Pansoft Co. Ltd. (PSOF) Inks New Multi-Million Dollar Contracts with Sinopec for Maximum Streamlining

Pansoft Company Limited, a leading enterprise resource planning (ERP) software service provider for the oil and gas industry in China, today announced it signed two new contracts with Sinopec Corp., a China-based company engaged in oil and gas chemical operations. Together, the contracts are valued at approximately $3.8 million. Today’s announced contracts are an addition to a previously announced contract to develop a centralized accounting management system for Sinopec, with all three contracts valued at aggregate $6.8 million. Sinopec is one of China's leading petroleum companies, focusing its business reach on oil and gas exploration, refining and marketing; production and…

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WednesdayDec 08, 2010 4:24 pm

Universal Detection Technology (UNDT.OB) Teams with Powerdersafe to Create Breakthrough Defense System

Universal Detection Technology develops early-warning monitoring technologies for protection against bioterrorism and other infectious health threats. The company today announced that its partnership with Powdersafe Pty Ltd. has resulted in a new breakthrough system comprised of both companies' products. The system was designed to increase user safety and to protect vital forensic evidence, and is a combination of Universal Detection’s test kits and the Powdersafe Containment system, creating a maximum protective field environment to conduct real time testing for biological and toxic substances. The system enables facilities (such as mailrooms) to test suspicious powders without exposure to harmful substances. If…

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WednesdayDec 08, 2010 1:24 pm

Talisman Holdings, Inc. (TMHO.OB) Breaking Into the Fertilizer Industry

Talisman Holdings Inc. is a holding company which currently owns two subsidiaries – Advanced Organic Products Worldwide and the specialty foods company Chef Selections. The company is very excited about its Advanced Organic Products Worldwide subsidiary which is involved in the fast-growing fertilizer industry. This subsidiary was organized to work with a technology partner that has developed a proprietary process for the conversion of fish offal and fish gurry by-products into useful products. It converts these fisheries by-products into protein-rich liquid fertilizer, insecticide and herbicide products through the organic process known as hydrolysis. This proprietary process produces an all-natural fertilizer…

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WednesdayDec 08, 2010 10:21 am

China Shuangji Cement, Ltd. (CSGJ.OB) Announces Start of Permitting Process for Massive New Cement Plant in Hainan Province

China Shuangji Cement, www.chinashuangjicement.com – one of China’s top producers of high-quality Portland cement, reported today the beginning of permitting for the construction of a new state-of-the-art 2M metric ton cement plant on Hainan Island to replace the current Dongfang production line. The new facility will boost production substantially, effectively quadrupling output capacity compared to the existing plant. Current production of Portland cement by CSGJ totals approximately 2.5M MT per year when the output from all four of its existing plants are combined. The Company has already begun the permitting process requirements, removing the existing vertical kiln in order to…

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WednesdayDec 08, 2010 10:04 am

Siberian Energy Group, Inc. (SIBN.OB) Video Chart for Wednesday, December 8, 2010

Although SIBN has a relatively brief trading history, it is on radar to form a new higher low and develop an upward channel. The price per share is right against resistance after yesterday’s close and will be on watch today for a push through the $0.03 barrier. 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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WednesdayDec 08, 2010 9:33 am

Vapor Corp. (VPCO.OB) Announces Significant Victory for Electronic Cigarette Industry

Vapor Corp. announced yesterday a significant victory for the electronic cigarette industry. A U.S. federal appeals court found that as long as electronic cigarettes aren't marketed as a way to treat or cure a disease (that is, smoking cession aids), the U.S. Food and Drug Administration (FDA) lacks the authority to regulate these products under the Federal Food, Drug, and Cosmetic Act (FDCA). In addition, the FDA has no authority to block the importation of these electronic cigarette products. The Court declared, "Together, Brown and Williamson and the Tobacco Act establish that the FDA cannot regulate customarily marketed tobacco products…

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TuesdayDec 07, 2010 6:19 pm

Blugrass Energy (BLUG.PK) Inks Letter of Intent for Promising Texas Lease; Anticipates Significant Company Changes

Bluegrass Energy Inc. today announced it has signed a letter of intent for the acquisition of an oil and gas lease in the Permian Basin in Crockett, County, Texas. The lease covers 4,807 acres and is currently owned by Dallas-based Petro Grande LLC, which owns an 87.5 percent working interest in the lease. The acquisition will give Bluegrass full access to 3D seismic imaging of the lands under lease, as well as the option to participate as a working interest owner in Petro Grande’s other 9,850 acre leases. According to the press release, geophysicists have identified a number of drilling…

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TuesdayDec 07, 2010 4:16 pm

Emergent Group, Inc. (LZR) Announces $0.90 One-time Cash Dividend and 16% Total Shareholder Equity Increase

Emergent Group Inc. today announced a one-time cash dividend and regular annual dividend, supported by strong cash flow. The dividend is comprised of a one-time cash dividend of $0.50 per share on the company’s common stock, as well as a regular dividend of $0.40 per share, for an aggregate $0.90. "Emergent Group's dividend declaration continues our practice of rewarding shareholders with the strong cash flow generated by our business model," Bruce J. Haber, chairman and CEO stated in the press release. "At the same time, our cash flow allows us to actively pursue our growth strategies, including investment in new…

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