WednesdayOct 21, 2009 9:40 am

Pacific Premier Bancorp, Inc. (PPBI) Reports Small Loss in Third Quarter

Pacific Premier Bancorp, Inc. reported a net loss of $7,000, or $0.01 per share, in its third quarter ending 9/30/2009. The company earned $1 million, or $0.16 per share, in the same quarter last year. Pacific Premier Bancorp, Inc. attributed the loss to a $1.3 million increase in the provision for loan losses, and a $0.4 million other-than-temporary impairment charge on part of its securities holdings. The bank also saw a slight increase in insurance premiums payable to the Federal Deposit Insurance Corporation (FDIC). Pacific Premier Bancorp, Inc had total assets of $808 million and deposits of $567 million at…

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WednesdayOct 21, 2009 9:22 am

Mountain West Business Solutions, Inc. (MWBN.OB) Announces Acquisition of Sunshine Biopharma

Mountain West Business Solutions, Inc. recently announced that the company has acquired Sunshine Biopharma, Inc. Based in Colorado, Sunshine Biopharma is a leading pharmaceutical company focused on the research, development and commercialization of drugs for the treatment of various forms of cancer. Mountain West Business Solutions intends to change its name to Sunshine Biopharma, Inc. to reflect the company’s new direction. In addition, Mountain West Business Solutions’ trading symbol will also be changed upon the name change taking effect. According to the terms of the deal, the acquisition was in exchange for the issuance of 21,962,000 shares of common stock…

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WednesdayOct 21, 2009 9:21 am

Northwest Biotherapeutics Inc. (NWBO.OB) Helps Cancer Patients with DCVaxA-Brain

Cancer is a deadly killer that has been affecting families globally for far too long. Despite billions of dollars placed into research, there has not been a great amount of success in helping victim’s survive the tragic battle. One company in Maryland has developed a vaccine to stimulate a patient’s own immune system to fight cancer. That company is Northwest Biotherapeutics; their vaccine is the DCVaxA-Brain. The DCVaxA-Brain is a groundbreaking vaccine because it is made up of the patient’s own “dendritic cells”, master cells that direct the immune system. The “dendritic cells” have been activated and educated to mobilize…

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WednesdayOct 21, 2009 7:36 am

Micro Imaging Technology, Inc.’s (MMTC.OB) Malaysian Distributor Purchases MIT 1000 System

Micro Imaging Technology, Inc. announced today that Biotek Sdn Bhd has purchased its first MIT 1000 System. Biotek Sdn Bhd was recently signed as the company’s distributor for Malaysia and other Association of Southeast Asian Nations (ASEAN) which includes Indonesia, Singapore, The Philippines, Thailand and Cambodia, in addition to others. Recognized as a premier distributor in the food protection market, Biotek distributes products that are complementary to the MIT 1000 Rapid Microbial Identification System. "Our sales strategy is to demonstrate the features and benefits of this System in typical applications, enabling prospective clients to immediately understand its value. We have…

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TuesdayOct 20, 2009 9:04 pm

Inovio Biomedical Corp. (INO) Announces Product Information at Vaccine Conference

Leading DNA vaccine discovery company, Inovio Biomedical Corporation announced that their Scientific Advisory Board Chairman, Dr. David B. Weiner, highlighted advances in the company’s leading electroporation-delivered SynCon™ DNA vaccines at the AIDS Vaccine 2009 Conference in Paris. The study, led by Dr. Weiner’s team at the University of Pennsylvania, included collaborators from Inovio and Merck. The team previously reported that DNA vaccines delivered using electroporation induced dramatic increases in T-cell and antibody-based immune responses. This collaborative study was the first to directly compare a DNA plasmid-electroporation platform with a recombinant Ad5 vector in an SIV model in non-human primates. Dr.…

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TuesdayOct 20, 2009 9:02 pm

GVC Venture Corp. (GPAX.OB) Announces Reverse Merger with Financial Holding Company Halo Group Inc.

GVC Venture Corp. made a formal announcement of its recent acquisition of financial services holding company Halo Group Inc. in Allen, Texas, which was effective September 30, 2009. The acquisition will enable GVC to provide consumers with financial solutions as the company takes advantages of Halo’s nationwide financial services. Through its nine subsidiaries, Halo offers mortgage brokerage, real estate representation and insurance protection, as well as financial distress assistance. "We believe Halo's completely integrated group of companies is the only one of its kind in the industry today. Our position in the market provides a compelling opportunity during these troubling…

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TuesdayOct 20, 2009 3:33 pm

Oxygen Biotherapeutics, Inc. (OXBO.OB) Announces New Diversified Product Development Plan with Four Strategic Pillars

Oxygen Biotherapeutics now has a clinical development pipeline which includes seven indications for Oxycyte(TM) emulsion. Oxycyte is the Company's perfluorocarbon (PFC) therapeutic oxygen carrier. The new Oxycyte pipeline includes: Traumatic Brain Injury, Carbon Monoxide Poisoning, Surgical Iatrogenic Air Embolism, Spinal Cord Injury, Organ Preservation, Decompression Sickness, and Sickle Cell Crisis. The company has also reported that its topical pipeline includes six additional indications in development for the Oxycyte Gel. The first use of the Dermacyte Gel is for a cosmetic line that is now available for pre-orders via the BuyDermacyte.com website, with product shipment expected in about four weeks. Other…

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TuesdayOct 20, 2009 1:54 pm

Aethlon Medical, Inc. (AEMD.OB) Up 57.89% Following Yesterday’s Mention in QualityStocks Newsletter

Aethlon Medical Inc. is currently trading at $0.45 a share, up $0.165 or 57.89% for the day. Today's volume has spiked to over 2.25 million shares, which is more than twice the average daily volume. The company was highlighted just yesterday in the QualityStocks FREE Daily Newsletter when the shares were trading at a price of only $0.285 a share. To find other undiscovered stocks, sign up for the QualityStocks Newsletter at www.signup.qualitystocks.net. The company creates diagnostic and therapeutic device solutions for infectious diseases. Aethlon Medical announced today that research studies have documented the Aethlon Hemopurifier is effective in capturing…

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TuesdayOct 20, 2009 11:33 am

Overland Storage, Inc. (OVRL) Forms Manufacturing Partnership with Foxconn Group

Overland Storage, Inc. disclosed details of a strategic manufacturing agreement with Foxconn Technology Group this morning, Tuesday, Oct 20. This agreement will initially result in a collaborative effort between the companies to manufacture a line of Overland’s end-to-end data protection (EDP) solutions. This is an important move forward for Overland, leading to an increased manufacturing capacity and improved operating efficiency. EDP is a data protection model for continuous validation of data integrity at the origin and destination within a given computer system. Foxconn is the biggest multinational Computer, Communication and Consumer-electronics (3C) provider of manufacturing services and has a proven…

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TuesdayOct 20, 2009 9:37 am

Tsakos Energy Navigation Limited (TNP) Contracts Vessel for Two Years

Tsakos Energy Navigation Limited announced the signing of a contract for a two-year lease on the Euronike, a suezmax size vessel that was built in 2005. The contract will result in revenue of $15.3 million over the term, with an extra $8.1 million if the contract is extended for another year. “The recent appetite of major end users to fix quality tonnage long term is encouraging and solidifies the Company's cash generating capability and ability to maintain its stated dividend policy going forward,” said Nikolas P. Tsakos, the CEO of Tsakos Energy Navigation Limited. Tsakos Energy Navigation Limited now has…

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