TuesdayJun 01, 2010 12:14 pm

Cobalt International Energy, Inc. (CIE) Invokes Force Majeure On Drilling Contract

Cobalt International Energy, Inc. disclosed that the company had invoked the force majeure clause in its contract for the lease of an offshore drilling rig located in the Gulf of Mexico. Force majeure is a French term that means “greater force,” and the clause excuses parties to a contract from liability due to acts beyond its control. These acts can be natural disasters, war or acts of God. Cobalt International Energy, Inc. said that the contract was for the lease of the Ocean Monarch drilling rig owned by the Diamond Offshore Company (DO). The rig was set to begin drilling…

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TuesdayJun 01, 2010 10:39 am

Nutrastar International Inc.’s (NUIN.OB) Success Prompts Retention of Investor Relations Specialist American Capital Ventures

Nutrastar International Inc., the well known PRC-based producer and distributor of nutraceutical products based on the renowned herbal nutrient, Chinese Golden Grass, is capitalizing on the massive Chinese upswing in demand for organic and specialty foods. The company announced today the retention of boutique investor relations firm and communications service specialist American Capital Ventures (ACV), which has a strong reputation for handling the complex needs of China-based companies trading in US markets. Founder and CEO of NUIN, Ms. Lianyun Han, pointed to the leadership status of the Company in the Golden Grass market, citing huge gains in market share and…

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TuesdayJun 01, 2010 10:37 am

Deltron, Inc. (DTRO.OB) Provides Status Update on Success of Subsidiaries Elasco/Blu Vu

Deltron, Inc., www.dtro.com, is pursuing an agenda focused on strategic acquisition of symbiotic interests within the commercial and recreational diving field (from manufacturing to distribution and service), as well as ancillary sectors. By enabling companies via access to financial markets, expanded marketing capacity, and operating efficiencies, DTRO is centering itself as a conduit for growth well beyond the core business of subsidiary, Elasco, which produces PUR-molded parts for a wide variety of applications. The Company provided a corporate status update today detailing the success of subsidiaries Elasco and Blu Vu, the latter a developer of innovative breather technology for extreme…

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TuesdayJun 01, 2010 10:28 am

Patrick Industries Inc. (PATK) Finds Itself Well Positioned for Profit

Finding a company that has made it through current economic conditions in decent shape is a key to reaping solid returns. However, it's important to identify the reason the company did well and if it is capable of continued success. Does the company have a track record? Is their product sound? Does it have a solid customer base? If one can indicate positives in these areas, a second look and/or investment may be warranted. Patrick Industries Inc., a manufacturer and distributor of building products for the recreational vehicle and pre-fabricated home markets, works to provide a full range of components…

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TuesdayJun 01, 2010 10:01 am

Gaming Partners International Corp. (GPIC) Announces Multiple Orders From Pennsylvania Casinos

Gaming Partners International (GPI) Corp. is a leading provider of casino currency and table games equipment worldwide. The company announced today that it has received orders from all nine casinos currently operating and licensed to operate table games in Pennsylvania. GPI recently received the necessary conditional licenses by the Pennsylvania Gaming Control Board to conduct business in the state. The company will supply table games equipment consisting of gaming tables, casino chips and other table games equipment to the casinos. GPI has orders to provide a total of 400 of its custom-built table games to six Pennsylvania casinos. The orders…

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TuesdayJun 01, 2010 9:59 am

eCrypt Technologies, Inc. (ECRY.OB) Realizes Tremendous Growth Potential from Preliminary Results of Vision Critical Research Report

One company that has started to receive attention from investors is eCrypt Technologies. Located in Boulder, Colorado, eCrypt Technologies is an information security firm with a focus on the wireless industry. Today, eCrypt announced that it has realized larger than expected growth potential from the preliminary results of the Vision Critical research report. Vision Critical is a strategic interactive research company that has gained a stellar reputation by combining interactive technology, strategic researchers and global panels. Vision Critical was retained by eCrypt Technologies to ascertain primarily early adopters, price point, awareness in the market, and initial market size for the…

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TuesdayJun 01, 2010 8:19 am

Dolat Ventures, Inc. (DOLV.OB) Discovers Diamonds in Sierra Leone

Dolat Ventures, Inc. announced today that their subsidiary, Millennium Mining, has discovered diamonds in initial tests at its washing plant in the West African country of Sierra Leone. Dredging for the diamonds took place in what is referred to as the Baimbawai Pool of the Sewa River. The test unveiled 300 stones totaling 187 carats with the largest stone being 6 carats and average stone size being .62 carats. The largest stone has an estimated value of $40,000 after cutting. Initial testing has been small in scale and has only taken a few days to conduct, but successful. Dovid Hauck,…

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TuesdayJun 01, 2010 8:15 am

ValCom’s (VLCO.OB) “Michel Legrand & Friends – 50 Years of Movies & Music” to be aired on PBS

ValCom recently announced that its subsidiary, Valencia Entertainment, will be delivering its original 1-hour television special entitled “Michel Legrand & Friends – 50 Years of Movies & Music” to PBS this month to be aired across the United States as a fundraising special in August of this year. Through a distribution agreement with DLT Entertainment, Valencia will be selling the special internationally as well. Taped on March 27, 2010 at the MGM Grand in Las Vegas, the special pays tribute to some of the movies for which Legrand received Oscars, including “Yentl,” “The Thomas Crown Affair,” and “The Summer of…

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TuesdayJun 01, 2010 8:13 am

ProUroCare Medical, Inc. (PUMD.OB) to Present Investigational ProUroScan™ Technology at the Annual American Urological Association Meeting

ProUroCare Medical, Inc., a leading provider of innovative medical imaging products, recently announced the company will make a presentation at the American Urological Association (AUA) 2010 Annual Scientific Meeting in San Francisco. The conference runs from May 29 until June 1. The company will showcase its investigational prostate imaging system, the ProUroScan™, to help educate urologists about the concept and potential of elasticity imaging of the prostate gland. Founded in 1902, The AUA is the foremost professional association for the advancement of urologic patient care. The ProUroScan™ system is currently under review for market clearance by the Food and Drug…

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