QualityStocks Stock Newsletters Archives - Page 418 of 1818

ThursdaySep 09, 2010 3:47 pm

Credo Petroleum Corp. (CRED) Completes New Bakken Well, Breaks Company Initial Test Rate Record

Credo Petroleum, www.credopetroleum.com – the independent oil and gas firm with major operations in the Williston (ND) and Anadarko (TX, OK) Basins which holds exclusive license to the patented calliope gas recovery system, provided an update report today on the horizontal drilling program in the North Dakota Bakken. CRED, which also has operations in Kansas, noted that the second well (WEISZ 11-14#1-H) drilled into the Bakken shows extremely good production output levels, flowing in excess of 2k BOE from some 34 fracture-stimulated stages of Middle Bakken perforations during an early period of a 24-hour evaluation. Although the exact initial flow…

ThursdaySep 09, 2010 3:44 pm

Supatcha Resources, Inc. (SAEI.OB) Begins Drilling Program at Vynohradiv Property, Ukraine

Supatcha Resources, www.supatcharesources.com – the gold exploration/production firm targeting development primarily in the Russian Ukraine, reported today that the diamond drilling segment of ongoing exploration at the recently acquired (April 2010) Vynohradiv property (in the Ukraine’s Barlevskoye Mining District) was underway after mobilization of a surface drill. Plans to beef up efforts at the Vynohradiv – which includes the Barlevskoye license and has proven historical drilling data that indicates 5.1 g/t Au across 2.1 meters – are expected to validate the resource supply. Chief Geological Advisor for SAEI, Andrei Yasinskij, expressed his excitement over activity at the Vynohradiv property (which…

ThursdaySep 09, 2010 1:52 pm

Warp 9, Inc. (WNYN.OB) is “One to Watch”

Warp 9, Inc. is a premier provider of robust e-commerce platforms and services for the online catalog and retail industry. The Company designed their comprehensive suite of software platforms to help online retailers maximize the Internet channel. Warp 9, Inc. trades on the OTC Bulletin Board. They have their corporate headquarters in Santa Barbara, California. Offered as an outsourced and fully managed Software-as-a-Service (SaaS) model, the Company's products allow customers to focus on their core business, rather than technical implementations and software and hardware architecture, design, and maintenance. Their products and services allow their clients to lower costs and focus…

ThursdaySep 09, 2010 1:30 pm

TraderPower – Empowering Investors to Discover Exceptional Opportunities

TraderPower was established to empower investors with all the resources they need to make profitable trading decisions. Using the vast resources on the TraderPower website, the investment community can discover undervalued small-cap companies, learn how to properly analyze investment opportunities, and utilize free research tools for in-depth evaluation. TraderPower’s #1 focus is on connecting investors with undervalued small-cap companies that are trading far below their true worth. With an estimated 15,000 publicly traded companies, it’s no surprise that these stocks exist. Of course once these neglected equities begin to get noticed, the climb to their fair valuation can be exceptionally…

ThursdaySep 09, 2010 12:52 pm

Lingo Media (LMDCF.OB) Secures $1M in Financing

Lingo Media Corp. is an international provider of online and print-based English Language Learning products, operating through its four distinct business units. The company today announced it has secured a $1 million bridge loan financing; the terms of the financing also allow Lingo Media to raise up to $1.5 million in addition to the initial funding. The company said it will use proceeds of the loan to fund post-closing and integration costs of its recently acquired ELL Technologies Limited; expansion of the ELL Technologies' sales team; to design, develop and extend Parlo Corp.'s online English assessment product; as well as…

ThursdaySep 09, 2010 9:23 am

Valence Technology, Inc. (VLNC) New Supply Agreement Expected to Generate up to $24M in Sales by 2016

Valence Technology Inc. is a leading U.S.-based developer and manufacturer of advanced energy storage solutions. The company today announced its multi-year supply agreement with Wrightbus, the United Kingdom's leading independent supplier of hybrid buses for public transportation systems, which is expected to generate significant revenues over the next six years. The companies’ working relationship stems from an agreement in 2005, which designates Valence as the battery supplier for Wrightbus' future hybrid products in the UK and Ireland. Today’s announced agreement extends the relationship between the two companies through 2016; Valence said it expects the contract to generate between $19 million…

ThursdaySep 09, 2010 9:19 am

Huifeng Bio-Pharmaceutical (HFGB.OB) Announces the Acquisition of Shangqiu Kexin Rutin Processing

Huifeng Bio-Pharmaceutical Technology Inc. specializes in developing and producing botanical extracts and other raw materials for pharmaceuticals and food additives. The company is the leading Chinese producer of rutin and related plant-derived chemicals in class called flavonoids, which are believed to have beneficial properties. The company today announced a definitive agreement under which it will acquire 90% of the equity ownership of Shangqiu Kexin Rutin Processing Limited for a price of $1.75 million. This company is a local leading rutin manufacturer in Henan Province. According to the agreement, Huifeng will acquire Kexin by issuing 2.3 million restricted shares of the…

ThursdaySep 09, 2010 9:17 am

Alico, Inc. (ALCO) Announces New Credit Agreement

Alico, Inc. announced a credit agreement with a new lender to refinance the company’s revolving line of credit and term note issue. The agreement extends the terms of both obligations and lowers interest costs for the company. Alico, Inc. has signed an agreement with Rabo Agrifinance, Inc. for $100 million to replace its existing revolving line of credit and term note with Farm Credit of Southwest Florida. The new term note for Alico, Inc. will be in the amount of $40 million, and bears a variable rate of interest based on the one month London Interbank Offering Rate (LIBOR) plus…

ThursdaySep 09, 2010 9:15 am

GMX Resources Inc. (GMXR) Reduces Capital Budget for 2011 and 2012

GMX Resources Inc. announced a $100 million reduction in capital expenditures for oil and gas development on its properties in Texas and Louisiana over the next two years. GMX Resources Inc. will spend $175 million for capital expenditures each year in 2011 and 2012, down from the previously announced amounts of $200 million each year. The company kept its capital expenditure plan unchanged for 2010 at $175 million. GMX Resources Inc. has also extended the sub lease of one of the land drilling rigs that the company has under contract. The sub lease now runs until the company’s underlying lease…

ThursdaySep 09, 2010 8:35 am

CytoSorbents Corp. (CTSO.OB) to Present at Rodman & Renshaw Conference

CytoSorbents Corporation announced that Dr. Phillip Chan, Chief Executive Officer, would present at the 12th Annual Healthcare Conference at the Rodman & Renshaw Global Investment Conference. The conference will take place at the New York Palace Hotel in New York, New York from September 12 to 15, 2010. Dr. Chan's presentation will take place on Tuesday, September 14, 2010 at 5:45PM EDT in the Winslow Salon. An audio webcast of the slide presentation will be available for 90 days after the event at http://www.wsw.com/webcast/rrshq18/ctso. An electronic copy of the presentation will be made available upon email request. Those interested can…

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