FridayJun 22, 2012 11:06 am

L&L Energy, Inc. (LLEN) Enters Agreement to Acquire Another Chinese Coal Mine

Seattle-based L&L Energy, a company with coal operations in China, is one of the few that Chinese authorities picked to be a consolidator of its coal industry, buying up smaller coal companies. The company today has more than 1,000 employees, growing from just one when it started operations 17 years ago. The company announced today that it has signed a memorandum of understanding to acquire a 50 percent controlling interest in the LuoZhou Mine in HeZhang County, Guizhou Province in China. It will pay a deposit of approximately $349,000 for LuoZhou. The remaining balance will be paid in installments under…

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FridayJun 22, 2012 8:16 am

American Shared Hospital Services (AMS) Enters Contract to Provide Gamma Knife Perfexion System to Northern Westchester Hospital in New York

American Shared Hospital Services announced it has entered into a contract to supply a Gamma Knife Perfexion system to Northern Westchester Hospital (NWH), located in Mt. Kisco, N.Y. American Shared Hospital Services provided NWH with its existing Gamma Knife in 2005, and the Perfexion system will be an upgrade to that Gamma Knife. Patient treatments on this Perfexion system are anticipated to begin in the fourth quarter, pending regulatory approval. A proven choice for radiosurgery of the brain, American Shared Hospital Services’ Gamma Knife Perfexion is supported by efficacy and outcome data from 600,000 treated patients around the world and…

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ThursdayJun 21, 2012 4:12 pm

MMRGlobal, Inc. (MMRF) and 4medica Collaborate to Launch Communications Gateway

MMRGlobal and 4medica, a cloud SaaS clinical integration platform provider, today announced that 4medica will incorporate MMR's patented systems into its Integrated Electronic Health Record (4medica iEHR®) to create Communications Gateway, which is designed to protect patient privacy and bolster communication between patient and medical provider. Communications Gateway is an EHR platform for secure, HIPAA-compliant inbound/outbound faxing that enables 4medica’s client base of labs, physician practices, and individual practitioners to receive encrypted faxes directly into their 4medica iEHRs, and gives them the ability to fax directly from the application to a domestic or international destination. "The move to electronic medical…

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ThursdayJun 21, 2012 4:10 pm

Virtual Piggy, Inc. (VPIG) Grows Financial Payment System to Support Monthly Subscriptions

E-commerce solution Virtual Piggy today announced that it has expanded its financial payment system to support monthly subscriptions of teens and tweens who purchase subscriptions within games and other online digital media services via Virtual Piggy accounts. Fanlala will be one of the first companies to integrate Virtual Piggy’s new subscription payment model. Fanlala is a social entertainment and lifestyle platform specifically designed for teens and tweens and is comprised of music streaming, broadcasting of new and original series, and more. With the new payment solution, Fanlala users will be able to sign up for music, games, and other digital…

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ThursdayJun 21, 2012 2:06 pm

China Information Technology, Inc. (CNIT) Board of Directors Approves Redomestication from Nevada to British Virgin Islands

China Information Technology, a prominent, China-based provider of information and display technologies, announced today that its Board of Directors has approved the redomestication of the company from the State of Nevada to the British Virgin Islands with a unanimous vote. CNIT BVI, a wholly owned subsidiary, filed a registration statement on Form F-4 today, pertaining to the redomestication transaction and the inclusion of a proposal to approve this transaction at the next yearly stockholders meeting. The Board believes that the redomestication will make shares of CNIT BVI more appealing to non-U.S. investors and expand its shareholder base worldwide. The redomestication…

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ThursdayJun 21, 2012 12:35 pm

Georgetown Corp. (GTCP) Secures $100k Sale of Equipment, Appoints 25-Year Industry Veteran as President of Operating Subsidiary

Georgetown, which has rapidly established itself as a provider of oilfield services/equipment to a variety of domestic and international clients via wholly-owned operating subsidiary, Synergy Oil Tool & Supply LLC, reported today that the company’s first major sale, totaling some $100k of equipment, has been completed. In addition the company was pleased to announce that 25-year veteran of horizontal directional drilling construction and oilfield tooling industries, Gary Haub, has been appointed President of Synergy. Haub, who is no stranger to such deals, having cut his teeth as an entrepreneur and Products Manager at portable drilling rig and equipment designer/manufacturer, GEFCO…

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ThursdayJun 21, 2012 8:47 am

ATP Oil & Gas Corp. (ATPG) Closes $35 Million Private Placement

ATP Oil & Gas announced that it has completed a private placement consisting of a $35 million unsecured convertible note, as well as a warrant to purchase shares of ATP common stock. The note accrues interest at the rate of 8.0% per year, and matures December 20, 2013. Principal and interest are payable in four quarterly installments. ATP can choose to pay the installments in cash, shares of company’s common stock, or a combination of the two. The note can be converted at the discretion of the holder, in whole or in part, at any time into shares of ATP’s…

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ThursdayJun 21, 2012 8:39 am

Remark Media, Inc. (MARK): SharecareNow Names Top 10 Influencers of Online Fitness Conversation

Yesterday, Sharecare, through its SharecareNow website, announced the “SharecareNow 10 – Fitness” list, which recognizes the ten most influential people driving fitness conversation online. The list includes individuals from celebrity personal trainers to television personalities to bloggers, and is compiled with the goal of pushing the online public towards better health. SharecareNow is an online social media platform centering on the Q&A format. The site allows users to gain information on health and wellness by making available information on relevant articles, and allows healthcare professionals and brands to gather and utilize data and best practices. Sharecare was created by Jeff…

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WednesdayJun 20, 2012 3:21 pm

Telkonet’s (TKOI) EcoSmart Solution Installed in Hyatt Place, Waikiki, Honolulu

Telkonet, a U.S.-based energy management technology provider worldwide, today announced that company partner Pacific Energy Services & Facilities, Inc. has completed the sale and installation of an EcoSmart energy management solution at the 426-room Hyatt Place - Waikiki in Honolulu, Hawaii. The installation marks the first usage of Telkonet’s EcoRemote energy management platform, an infrared transmitter designed to operate any remote-controlled HVAC unit with a wall thermostat. The EcoRemote also incorporates and enables Telkonet’s patented Recovery Time™ technology that maximizes energy savings in an unoccupied room. Pacific Energy installed the EcoRemote system inside mini-split HVAC systems at the Hyatt Place…

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WednesdayJun 20, 2012 3:18 pm

AcelRx Pharmaceuticals, Inc. (ACRX) Granted First U.S. Patent Relating to Sublingual Sufentanil NanoTabs

AcelRx Pharmaceuticals announced today that the U.S. Patent and Trademark Office (USPTO) has issued AcelRx Patent Number 8,202,535, titled “Small-Volume Oral Transmucosal Dosage Forms.” The patent details a method for treating pain by administering a small-volume solid tablet that contains sufentanil by adhering to the oral mucosa. The patent will give intellectual property protection for sufentanil NanoTab-based products until late 2030. This newly issued patent is an important addition to AcelRx Pharmaceuticals’ patent portfolio, strengthening the company’s ability to protect its proprietary technology in the U.S. The company remains dedicated to the continued expansion of its patent portfolio as it…

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