TuesdayAug 31, 2010 11:23 am

Far East Energy Corp. (FEEC.OB) CEO to Present at US-China Oil & Gas Industry Forum

Far East Energy Corp. is focused on exploring some of the largest coalbed methane (CBM) projects in China through its agreements with ConocoPhillips and China United Coalbed Methane Company. Coalbed methane is a form of natural gas that is extracted from coal beds. Far East Energy announced today that Michael R. McElwrath, president and CEO of the company, will be a featured speaker at the US-China Oil &Gas Industry Forum to be held at the Omni Hotel in Fort Worth, Texas on September 14-16, 2010. Mr. McElwrath and/or company chairman, Donald Juckett, have attended the forum annually since its inception…

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TuesdayAug 31, 2010 10:05 am

India’s Economy Grows at Record Pace

While the global economy has suffered many setbacks in the last two years, the economy of India is starting to grow at a record pace. While stuck in economic doldrums this same time last year, Asia’s third largest economy has witnessed an 8.8 percent growth in the June quarter. While there are many factors which have helped this number soar, economists have looked at the farming and manufacturing output as the leaders in this positive news. While not known for their strong farming output, India has evolved into a force in the global farming industry. In recent times India has…

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TuesdayAug 31, 2010 9:54 am

Vendum Batteries (VNDB.OB) Plans Expansion Due to Increased Demand

Vendum Batteries, a battery technology development company with a pending patent on a non-toxic, carbon-based light-weight battery, recently announced that the company is looking to expand its operations to coincide with an anticipated surge in business demand. The company’s paper-thin battery contains none of the toxic elements used in conventional batteries and its cutting edge carbon nanotube and cellulose-based technology makes it entirely biodegradable. Roughly 5 billion batteries are purchased in the U.S. alone, leaving 146,000 tons of battery waste behind. Given that the worldwide personal battery use is a growing $63 billion industry, the potential of this revolutionary non-toxic…

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TuesdayAug 31, 2010 9:52 am

Yippy, Inc. (YIPI.OB) Begins Marketing Initiatives this Week

Yippy, Inc. yesterday reported the beginning of their marketing campaign. Yippy has entered into a contract with Salem Broadcasting to put banner ads across their internet properties. Total ads purchased were 2.5 million impressions. In addition, they purchased 110 30-second ads "on air" with stations for their first two week campaign trails. These stations are KRLA-FM -Los Angeles, Glenn Beck Show; KFSH-FM - Los Angeles, The Fish; WFFI/WFFH – Nashville, The Fish; and KBIQ - Colorado Springs, The Fish. Mr. Richard Granville, CEO, Yippy, Inc., said, "Each station will run 2 spots per day during optimum time slots, with the…

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MondayAug 30, 2010 4:12 pm

China TransInfo Technology Corp. (CTFO) Awarded Contracts Totaling $6.7M

China TransInfo Technology Corp. is a leading provider of intelligent transportation systems for highway and urban transportation management in China. The company today announced its recently awarded electronic toll collection (ETC) contracts totaling RMB 44.6 million (approximately $6.7 million) in Shanxi Province, Shandong Province and Sichuan Province. China TransInfo is primarily focused on providing transportation information services and comprehensive solutions based on Geographic Information System (GIS) technologies. The company owns software copyrights for 89 software products. For the contracts announced today, China TransInfo will provide ETC electronics engineering machinery systems, ETC application system development and upgrading services, and 10,000 onboard…

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MondayAug 30, 2010 3:12 pm

Pacific North West Capital Corp. (PAWEF) Updates Exploration Program in Canada

Pacific North West Capital Corp. released an update on the company's planned exploration and development activities at its mine project in Canada. Pacific North West Capital Corp is currently planning to explore and develop the Rock and Roll Property in British Columbia. The company hopes to determine that the Rock and Roll Property contains gold, silver and other minerals that can be commercially extracted. Pacific North West Capital Corp. plans to start the company’s exploration program in September 2010. The program will focus on a reexamination of previously extracted core samples and a review of geological maps. In 2009, Pacific…

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MondayAug 30, 2010 2:09 pm

Fronteer Gold Inc. (FRG) Moves to Acquire AuEx Ventures

Fronteer Gold, www.fronteergold.com – which has its sights set on becoming a significant gold producer by leveraging strong financial footing and a robust operational team, announced today entry into an arrangement to acquire 100% of the outstanding shares of Nevada-based gold/silver exploration firm, AuEx Ventures, Inc. Unanimous approval for the transaction came from AuEx’s Board, with directors and senior officers agreeing to vote their shares in favor. AuEx’s largest shareholder, with 22.5%, also approved the move. President and CEO of FRG, Mark O'Dea, welcomed the acquisition as solidifying control of the Company’s flagship Long Canyon project in Nevada, and giving…

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MondayAug 30, 2010 1:55 pm

China Industrial Waste Management, Inc. (CIWT.OB) Increases Capacity via Cooperation Contract

China Industrial Waste Management, www.chinaciwt.com – a full-spectrum waste management firm serving Dalian and much of Liaoning Province, reported that its 90-percent owned subsidiary, Dalian Dongtai Industrial Waste Treatment Co., Ltd., signed a substantial waste management cooperation contract with Dalian Onoda Cement Co. Ltd., the production venture arm of established Japanese cement multinational, Taiheiyo Cement Co. Limited. This contract follows up on the Letter of Intent between Dongtai and Onoda, signed in November of 2008, which has led to the processing of 3k tons of solid waste as part of a trial run using Onoda's cement kiln to process the…

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MondayAug 30, 2010 10:54 am

China Pharmaceuticals Inc. (CFMI.OB) Posts Record Q2 Financials

China Pharmaceuticals Inc., a leading manufacturer and distributor of prescription and over-the-counter pharmaceuticals, today announced record financial results for its second quarter ended June 30, 2010. The company reported total revenue for the quarter of $10.44 million, up 105 percent from $5.08 million reported for the second quarter of 2009. Gross profit increased 89 percent to $6.08 million, up from $3.21 million reported for the comparable period of last year. Operating income grew 204 percent to $6.35 million as compared to $2.08 million reported for the second quarter ended June 30, 2009. China Pharmaceuticals’ net income increased 208 percent to…

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