MondayJun 28, 2010 9:45 am

EDAP TMS SA (EDAP) Announces Agreement with Lumenis to Distribute Urological Lasers in France

EDAP TMS SA, a developer of the most advanced and clinically proven choice for high-intensity focused ultrasound treatment of localized prostate cancer, recently announced that the company has signed an exclusive agreement with Lumenis, GmbH, one of the world’s largest medical laser companies. Under the terms of the agreement, EDAP will distribute Lumenis urological Holmium/Nd:YAG lasers in France, effective immediately. This exclusive distribution agreement will allow EDAP to broaden its products portfolio by offering urologists a high-end therapeutic option for their patients. Lumenis lasers enable precise minimally invasive treatment for a wide variety of urologic conditions and the company has…

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MondayJun 28, 2010 9:44 am

Aoxin Pharmaceuticals Co. Inc. (AXN) Finds Financing in Place, Moves Forward with Growth Plans as Scheduled

Although there are questions that arise about investing in certain sectors of the Chinese marketplace, with regard to quality and counterfeiting, some companies take a slightly differing approach by setting up shop in countries outside of China and then selling into it. These companies can take many forms but ultimately come away with a solid reputation for quality products and services. Due diligence is still a strong requirement but if the company seems to be moving forward on schedule, and with the blessing of other known entities, it may offer a nice return. Aoxin Pharmaceuticals Co. Inc., a specialty pharmaceuticals…

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MondayJun 28, 2010 8:29 am

Bio-Solutions (BISU.OB) to Grant Shareholders 1 for 5 Stock Dividend

Bio-Solutions Corporation announced after the closing bell on Friday that they will be granting a one-time one for five stock dividend to their shareholders. For every 5 shares an investor holds, one share will be granted by the company. These shares will be payable on July 1, 2010 to all shareholders as of close of market on the record date of June 29th 2010. The decision to grant the dividend was unanimously agreed upon by the Bio-Solutions directors. An 8-K filed with the Security and Exchange Commission (SEC) stated, “On June 11, 2010, the Registrant's board of directors authorized a…

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MondayJun 28, 2010 8:20 am

Industry Veteran Elected to InkSure Technologies Inc. (INKS.OB) Board of Directors

Yesterday, InkSure Technologies Inc. announced that industry veteran Mr. Jonathan Bettsak has been elected to the Company’s Board of Directors. Mr. Bettsak has over 20 years of operational experience in the security, IT, and telecommunications fields. Mr. Bettsak is currently involved in a multimillion-dollar computer business, distributing brands such as Acer, HP, and Cisco throughout the United States, Colombia, Central America, and the Caribbean. He received his B.A. Finance from the American University in Washington D.C in 1991. Mr. Bettsak has served, since 2008, as Director of Digicel Holdings (Panama) Ltd., (incorporated in Bermuda). Digicel Holdings (Panama) Ltd. is a…

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FridayJun 25, 2010 12:30 pm

Oil Sands Increasingly Attractive Alternative in Light of Gulf Disaster

Since the beginning of BP’s crisis in the Gulf of Mexico, US energy sector regulators have been floating increasingly harsh language about offshore drilling leading to increased interest and investment into oil sands (sometimes called tar sands) as an alternative source, especially Canada’s oil sands, where plans are underway to both remediate environmental impacts of the industry as a whole and significantly boost production. A recent independent study confirms this trend, projecting 2.1M barrels per day (BPD) output by 2012 for Alberta oil sands (a 40% increase from 2009 figures), and as much as 3M BPD by 2020, effectively twice…

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FridayJun 25, 2010 11:54 am

Vanguard Minerals Corp (VNGM.OB) Division Secures Consultancy Agreement with a Leading Entertainment and Restaurant Developer in Las Vegas, Nevada

Vanguard Management Corp, a business unit of Vanguard Minerals Corp, (VNGM.OB), a management consulting and business development firm with core competency in emerging growth companies, recently announced that the company has been retained as the strategic consulting partner for Askew Eatertainment. As a leading entertainment and restaurant development corporation headquartered in Las Vegas, Nevada , Askew Eatertainment is constructing an expansive restaurant and entertainment center in Las Vegas called The Beach Boys Good Vibrations Restaurant. Under the terms of the agreement, Vanguard will receive a fee for its services of up to $500,000 as it reaches certain milestones as well…

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FridayJun 25, 2010 11:51 am

Robbins & Myers, Inc. (RBN) Reports Third Fiscal Quarter Results

Robbins & Myers, Inc. reported net income of $8.1 million, or $0.25 per diluted share, in the third quarter of fiscal 2010, which ended 5/31/2010. The company earned net income of $10.2 million, or $0.31 per diluted share, in the same quarter of fiscal 2009. Robbins & Myers, Inc. reported strong order flow during the third quarter of fiscal 2010. The company booked $159.1 million in orders during the quarter, up 34% from the $119 million of orders in the comparable quarter in fiscal 2009. The company’s backlog of contracted orders was at $160 million as of 5/31/2010. Robbins &…

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FridayJun 25, 2010 11:49 am

Uranium Resources, Inc. (URRE) Reports Results of Secondary Offering

Uranium Resources, Inc. announced the results of a secondary public offering of the company’s common stock. The company issued 23.81 million shares at $0.42 per share. Uranium Resources, Inc. said that the offering would net the company approximately $9 million after commissions and expenses. Roth Capital Partners acted as the underwriter and sole manager of the public offering, and retains an overallotment right to offer an additional 3.33 million shares for 30 days. Uranium Resources, Inc. said that the proceeds would be used for general corporate purposes and possibly for an acquisition if an attractive company or asset could be…

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FridayJun 25, 2010 11:47 am

Flint Telecom Group Inc. (FLTT.OB) Secures $10M in Equity Finance Agreement with AGS Capital Group

Flint Telecom Group Inc., an international telecoms technology and services organization, has completed a Reserve Equity Finance Agreement with New York-based AGS Capital Group, LLC. Over the next two years, AGS will purchase $10 million worth of shares of the Flint common stock for cash consideration. The equity agreement positions Flint Telecom in control of how and when it will raise equity and debt. Flint must increase its total authorized common shares and have an effective registration statement in place, both of which the company said are in progress. Vincent Browne, chairman and CEO of Flint said the equity agreement…

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