FridayMay 11, 2012 12:49 pm

American Energy Development Corp. (AEDC) Gives Drilling Update on Project in Michigan

American Energy Development is an independent oil and gas company seeking to expand through the development of acreage in established oil and gas basins. The company's current focus is on development of acreage in the Niagaran oil reefs in Michigan and in underexplored onshore basins in the United Kingdom. The Niagaran Reef is of particular interest to the company. Historical records of the Niagaran reef production in Michigan confirm more than 4,200 wells have been drilled targeting reef formations. Much of the drilling in the region has been conducted by major players in the energy industry, including Royal Dutch Shell,…

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FridayMay 11, 2012 10:11 am

Victory Energy Corp. (VYEY) Makes Major Progress, Sets 2012 Goals

Victory Energy is a domestic energy company engaged in the production of oil and natural gas through its onshore wells in west Texas, Oklahoma, and New Mexico. Currently, the company has 17 wells in production with the capacity to expand to an additional 31 wells. VYEY seeks to maximize shareholder value over the long term by increasing accessible oil reserves, producing more oil, lowering its costs, and carefully managing the capital entrusted to it. For 2012, the company looks to invest in acreage with proved reserves in order to minimize its exploration and development costs. To gauge how the company…

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FridayMay 11, 2012 9:36 am

iPass, Inc. (IPAS) Expands European Channel Partner Program

iPass announced that it has expanded its European channel partner program to target mobile device management (MDM) market adjacencies. Through these initiatives, the global Wi-Fi service and enterprise mobility leader aims to recruit new MDM channel partner experts, which will assist them in capitalizing on the growth of remote working and consumerisation of IT. Partners with MDM expertise can now complement their existing mobility solutions with iPass’ Open Mobile platform. The platform provides access to the world's largest commercial Wi-Fi network with over 800,000 hotspots in 118 countries. With the simplified iPass channel program, customers can gain a competitive edge…

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FridayMay 11, 2012 9:21 am

Obscene Jeans Corp. (OBJE) Subsidiary Signs Deal to Develop Games

Yesterday, Obscene Interactive, a subsidiary of Obscene Jeans Corp., announced that it has signed a deal to develop electronic games in-house that would span multiple platforms such as iOS, Android, and Facebook. These games will focus on utilizing a Free To Play (FTP) model, in which games are free for users but facilitate microtransactions within the game. Obscene Interactive is focused on producing social gaming applications, with a technology platform that allows the company's titles to be accessed by users globally and across multiple OS platforms. Obscene's strategy is utilizing the viral nature of social platforms like Facebook to reach…

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ThursdayMay 10, 2012 5:14 pm

Deer Consumer Products (DEER) Announces Record First Quarter Financial Results

Deer Consumer Products, Inc. today announced record financial results for the first quarter ended March 31, 2012. The company is a leading provider of DEER branded household products for consumers in China. Deer’s first quarter revenues were $49.9 million, representing an increase of $15.2 million, or 44%, over the same period in 2011. This revenue increase was the result of ongoing sales expansion in the China domestic market. Currently, the company has access to more than 4,000 retail stores through which its products are distributed. Deer’s 2012 first quarter gross profit margin was approximately 31%. During this quarter, the company…

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ThursdayMay 10, 2012 5:10 pm

TherapeuticsMD (TXMD) Launches Third Prescription Prenatal Vitamin

VitaMedMD™ RediChew™ Rxchewable prenatal vitamin contains company’s patented folate developed to further reduce impact of folic acid-related deficiencies. TherapeuticsMD™ Inc., parent company of vitaMedMD® LLC, a specialty pharmaceutical company focused on therapies exclusively for women, today announced the recent launch of its third prescription prenatal vitamin, vitaMedMD™RediChew™ Rx. The launch trails the introduction of vitaMedMD™ One Rx earlier this month and vitaMedMD™ Plus Rx last month, products similar to RediChew Rxin that they all contain the same combination of folic acid and the company’s patented fourth-generation folate, Quatrefolic®. Quatrefolic gives all three of the prenatal vitamins the potential to further…

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ThursdayMay 10, 2012 2:23 pm

Pershing Gold Corp. (PGLC) Phase I Drilling Discovery at Relief Canyon Significantly Increases Overall Mineralization Profile

Pershing Gold, the up and coming, Nevada-focused (Pershing County) precious metals developer, which has already established a solid acreage position via their Relief Canyon, Red Rock, and North Battle Mountain properties, reported today that a new high-grade zone of gold mineralization was discovered at the Relief Canyon Mine. All of the mineralization observed by this round of drilling is within the pit area or is on PGLC subsidiary, Gold Acquisition Corp. (GAC), wholly-owned unpatented mining claims. Phase I of the company’s drilling program for 2012 (began last year) and already we have a new discovery. The best part is the…

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ThursdayMay 10, 2012 2:19 pm

EnerNOC e (ENOC) Awarded Seven-Year Contract with San Francisco PUC

EnerNOC Inc. is a leading provider of energy efficient solutions, for reducing electricity demand, for commercial, industrial and institutional energy users. Some of the company's world class energy management applications include DemandSMART, SupplySMART, EfficiencySMART and CarbonSMART. The company today announced that it has been selected as the 'commissioning authority' in a seven-year contract with the San Francisco Public Utilities Commission. Through this master services agreement, EnerNOC will work closely with building construction stakeholders to ensure that the City of San Francisco's new buildings operate not only to the owners' specifications but also in an energy efficient manner. The contrast lasts…

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ThursdayMay 10, 2012 10:32 am

Mitel (MITL) Introduces New Cloud Based Service as the Next Stage in the Evolution of UCaas

Yesterday at Interop® 2012, Mitel, a leading provider of Unified Communications and Collaboration software solutions, announced their new approach for deploying Unified Communications-as-a-Service, AnyWare Infrastructure-as-a-Service (IaaS). AnyWareIaaS spreads Mitel’s FreedomArchitecture to provide IT organizations with the option of hosting Mitel’s virtualized UCC software in a virtual private datacenter delivered by MitelNetSolutions, the service provider division of Mitel. "UCC is mission-critical for us, but we also don't want to use our limited data center resources on it if we don't have to," said Jamie Vandermeuse, director of Operations at M2 Logistics Inc. "We evaluated other cloud-based UCC services, but they don't…

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ThursdayMay 10, 2012 8:23 am

Keep Up With Your MBA Friend – Reference Book Review

There is a lot of knowledge that goes into the MBA programs at the top business schools in the United States. After all, it takes nearly 4 years to complete and there is a massive amount of studying that must be done to get that degree. What if I told you that you can get a pocket dictionary like encyclopedia of all the information in an MBA program all in one book?It's true, and I happen to have a copy of it. The name of the book is;"The Vest Pocket MBA," by Jae K. Shim Ph.D., Joel G Siegal Ph.D.,…

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