QualityStocks Stock Newsletters Archives - Page 370 of 1818

ThursdayNov 04, 2010 8:04 am

InSite Vision Inc. (INSV.OB) Awarded Therapeutic Discovery Project Grant

InSite Vision Inc. announced yesterday that they will receive $489,000 under the U.S. Government's Qualifying Therapeutic Discovery Project (QTDP) program. The grant was awarded in recognition of two clinical-stage programs. One is ISV-502, a product candidate being developed for the treatment of blepharitis. The other is ISV-303; a topical anti-inflammatory product intended to reduce the pain and inflammation associated with ocular surgery. The QTDP credit is available to biotechnology companies who are conducting studies or carrying out research for the purpose of securing approval from the U.S. Food and Drug Administration for products that address an area of unmet medical…

ThursdayNov 04, 2010 8:02 am

Access Pharmaceuticals, Inc. (ACCP.OB) Commences Phase II Trial for Ovarian Drug

Access Pharmaceuticals Inc. is a biopharmaceutical company that develops and commercializes proprietary products for the treatment and supportive care of cancer patients. The company recently commenced a phase II combination trial for its second generation DACH-platinum ovarian cancer drug ProLindac. The trial is a study of intravenously administered ProLindac, in combination with paclitaxel; the trial will be conducted in up to eight European centers. Proessor Esteban Cvitkovic, vice chairman, Europe, and senior director of Clinical Oncology R&D for Access, said the phase II trial is one of many studies to observe potential applications for ProLindac in the healthcare market. "We…

WednesdayNov 03, 2010 2:45 pm

PDC Energy (PDC) Purchases Oil and Gas Assets in Texas

PDC Energy reported that the company has entered into a purchase agreement to buy producing oil and gas properties in the Permian Basin. The company said that the deal is with an unidentified private oil and gas company. PDC Energy will pay $40 million for 5,760 net acres that has exposure to the Wolfberry oil trend in West Texas. The properties have current production of 330 barrels of oil equivalent (BOE) per day from six existing wells. PDC Energy reported that the acreage block has approximately 122 future drilling locations into the Wolfberry formation assuming 40 acre spacing. The Wolfberry…

WednesdayNov 03, 2010 2:43 pm

Gasco Energy, Inc. (GSX) Reports Increase in Revenue for the Third Quarter of 2010

Gasco Energy, Inc. reported an increase in revenues during the third quarter of 2010 as the company benefited both from higher volumes and higher realized prices for oil and gas sales. Gasco Energy, Inc. said that the company had sales of $4.7 million in the third quarter of 2010, compared to $3.6 million in the same quarter of 2009. Gasco Energy, Inc. realized a natural gas price of $4.35 per thousand cubic feet during the quarter. The company received $4.06 per thousand cubic feet for its natural gas in the third quarter of 2009. Much of the increase in realized…

WednesdayNov 03, 2010 2:42 pm

CleanTech Innovations, Inc. (EVCP.OB) Customer Order Fulfillment Drives Impressive Q3 Results

CleanTech Innovations Inc. is a U.S. company with leading operations in China's clean technology, wind tower industry. The company today announced record third-quarter financial results for the period ended September 30, 2010, posting astounding increases across the board. Third quarter 2010 revenue was reported at $13.06 million, up 1,749 percent from the $0.71 million reported in the third quarter of 2009. CleanTech reported quarterly net income of $2.32 million compared to $0.19 million, an increase of 1,112 percent from the comparable quarter of 2009. CleanTech reported earnings per share (EPS) of $0.10 on a fully diluted basis, up 900 percent…

WednesdayNov 03, 2010 12:48 pm

Neuralstem, Inc. (CUR) Receives Some $733K in Federal Grants to Develop Breakthrough Central Nervous System Therapies

Neuralstem, www.neuralstem.com – the biotherapeutics developer leveraging patented stem cell technology for commercial-quantity production of differentiable human brain/spinal cord cells for solving diseases and CNS (central nervous system) disorders, reported yesterday award of some $733,438 via three Federal grants. The grants were awarded through the Patient Protection and Affordable Care Act and will allow CUR to move its breakthrough work in Lou Gehrig’s disease (ALS - amyotrophic lateral sclerosis) and depression forward. President and CEO of CUR, Richard Garr, explained the Company’s shrewd strategy to rapidly develop the powerful technology, detailing how the three grants would be applied: 1. Small…

WednesdayNov 03, 2010 12:46 pm

Spare Backup (SPBU.OB) to Provide Simplexity with Cloud Based Mobile Data Backup/Transfer Service, Bridging all Devices/Carriers

Spare Backup, www.sparebackup.com – providers of the fully automated, online data backup service of the same name, announced today selection by Wirefly.com owner/operator Simplexity to empower the site with a cloud-based mobile data backup/transfer service. The status of Wirefly.com as the top online retailer of cell phones/plans for all major US carriers will make the new Wirefly Mobile Backup service a quickly adopted standard. This amazing new service will harness the power of cloud computing and SPBU’s sophisticated platform to offer users an intuitive environment for managing all of their data across all devices. CEO of Simplexity, Andy Zeinfeld, was…

WednesdayNov 03, 2010 12:27 pm

UnionTown Energy Inc. (INBH.OB) is “One to Watch”

UnionTown Energy Inc. is an independent oil & gas company that trades on the OTC Bulletin Board. The company’s focus is on the acquisition, development and production of oil and natural gas properties. They are pursuing a strategy of building a portfolio of energy producing assets. This includes coal bed methane, natural gas, shale gas, oil sands and deep natural gas throughout Western Canada and the United States. UnionTown Energy Inc.'s flagship property is located in Kansas within the Cherokee basin which straddles Kansas, Missouri, Arkansas and Oklahoma. The area has been producing gas from shale and coal deposits for…

WednesdayNov 03, 2010 10:13 am

T3 Motion Inc. (TMMM.OB) Forms Partnership with Sunny Electronic Corp. to Distribute T3 i-Series Electronic Stand-up Vehicle

Today, T3 Motion, Inc. and Sunny Electronic Corporation announced that they have formed a partnership for the distribution of the iconic T3 i-Series Electric Stand-up Vehicle (ESV). Through Sunny Electronic’s distribution, T3 Motion will expand its international footprint. Sunny Electronics Corporation will exclusively distribute the T3 i-Series in Korea. The agreement provides for multiple T3 i-Series Electric Stand-up Vehicles. Initially, T3 Motion has shipped an initial twenty units. The cutting-edge "green" technology provides a low cost of operation: running for less than 10 cents per day and never requiring any unconvenient down time due to the T3 i's two re-chargeable,…

WednesdayNov 03, 2010 10:00 am

Mexus Gold U.S. (MXSG.OB) Announces Arrival of Mexus Tugboat “Caleb” and its Barge

Mexus Gold U.S. announced yesterday that the Mexus tugboat "Caleb" and its 230 foot barge arrived in Ketchikan, Alaska on October 29, 2010. It is equipped with automated cable pulling equipment and underwater electrical equipment, magtonetor, underwater cable identifier, remote cameras and a high definition scanning sensor, and a cable left buoy marking system. By next Tuesday, November 9, 2010, Mexus Gold U.S. expects to have cable on barge deck. They will work as long as weather permits in the Alaskan waters and then move tug and barge to Washington State. The Company will be ready in early spring to…

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