MondayJun 15, 2009 7:33 am

Solar Energy Initiatives, Inc. (SNRY.OB) Reports Strong Results for Recently Ended Quarter

Solar Energy Initiatives, Inc., a company focused on helping redeploy a portion of the U.S. workforce while reducing the world’s dependence on fossil fuels, announced today its financial results for the quarter ended April 30, 2009. David Fann, CEO of SNRY, stated, “Solar Energy Initiatives’ solid third quarter results coupled with the strong preliminary fourth quarter data provide management with an exciting outlook regarding the direction of the Company. Since inception, the Company has remained dedicated to its strategic business model of growing its dealer network, securing high margin commercial contracts and expanding the Company’s overall market footprint.” He continued,…

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MondayJun 15, 2009 5:29 am

Western Commercial Bank (WCBH.OB) Hires Robert W. Kagy as Senior Vice President

Western Commercial Bank, a provider of financial services to small and mid-sized businesses, entrepreneurs and professionals in San Fernando Valley, recently announced the hiring of Robert W. Kagy as senior vice president, regional manager. With more than 30 years experience in the banking industry, Mr. Kagy has an extensive background in San Fernando Valley working with small- and medium-size businesses, specializing in commercial lending, business financing and commercial real estate. Mr. Kagy has served in numerous capacities as a senior officer of banking institutions, most recently with First Private Bank & Trust and Encino State Bank. He was also the…

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MondayJun 15, 2009 5:28 am

Basic Earth Science Systems Inc. (BSIC.OB) Announces Completion of North Dakota Well in Bakken Formation

Independent oil and gas exploration and production company Basic Earth Science Systems Inc. recently updated shareholders on its Roscoe 2H-8 well in the Banks Prospect in eastern McKenzie County, N.D. The company announced the well went into production in early May 2009, testing at a rate of 543 barrels of oil, 1,185 thousand cubic feet of gas, and 122 barrels of water per day. The well currently flows at a rate of 300 barrels of oil a day, and is drilled and operated by Basic Earth’s partner, Panther Energy Company LLC, out of Tulsa, Oklahoma. Basic Earth holds a 6.5…

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FridayJun 12, 2009 8:55 am

Axial Vector Energy Corp. (AXVC.PK) JV’s Recently Announced Russian Patent for Oil Technology

In May, Axial Vector Energy Corp. announced that its PETRO AVEC Joint Venture partner, Petrosonics LLC, recently received a Russian patent protecting the purification process that removes sulfur and nitrogen compounds from diesel oil, FCC cycle oil, FCC slurry oil, light/heavy gas oil and coker gas oil fractions. The patent will remain in effect for 20 years with the possibility of an additional five-year extension. According to the U.S. Energy Information Administration, Russia has 41 oil refineries with a total crude oil processing capacity of 5.4 million bbl/d, and produces significant amounts of heavy fuel oil, middle distillates, and gasoline.…

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FridayJun 12, 2009 7:20 am

Capstone Turbine Corp. (CPST) TinyGems Recommendation Up Nearly 100% From Alert

On Monday, Capstone Turbine Corp. (CPST) was a featured company of the TinyGems Monthly Newsletter. Since the stock was mentioned, it has run from $0.68 to $1.34 for 97% gains. Volume has also increased dramatically from an approximate daily average of 2.45 million shares to about 23 million shares. If you would like sign up for the free monthly newsletter and discover new, undiscovered small-cap companies, visit www.tinygems.net. Let us hear your thoughts below:

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FridayJun 12, 2009 7:15 am

CTD Holdings, Inc. (CTDH.OB) Subsidiary to Present Plan for Research Park Project

CTD Holdings, Inc. announced this morning that its newly created subsidiary, ViStra Growth Partners, Inc. (VGP), has agreed to present a preliminary project plan to the CTD board of directors by year end for the proposed "Joszef Szejtli Cyclodextrin Research Park." According to the press release, the President and CEO of VGP has considerable experience with commercial property development for such purposes. Rick Strattan, the Chairman and CEO of CTD, stated, "This project has been on the back burner at CTDH ever since we paid off the mortgage on the 40 acre corporate site in 2007. The convergence of CTDH's…

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FridayJun 12, 2009 5:58 am

Eagle Rock Energy Partners, L.P. (EROC) Featured by TinyGems

Eagle Rock Energy Partners, L.P. (NASDAQ: EROC), together with its subsidiaries, gathers, compresses, treats, processes, transports, and sells natural gas. The company also acquires, develops and produces oil and natural gas working interests in Alabama and Texas; in addition to acquiring and managing fee minerals and royalty interests. Eagle Rock has natural gas gathering and processing assets in Texas Panhandle, east Texas/Louisiana, south Texas, west Texas, and the Gulf of Mexico. The company aims to achieve stable, growing distributions to its investors by excelling in four mission critical activities — operations, acquisitions, organic growth projects and risk management. Eagle Rock…

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FridayJun 12, 2009 5:57 am

Vanda Pharmaceuticals, Inc. (VNDA) is “One to Watch”

Vanda Pharmaceuticals, Inc. (NASDAQ: VNDA) is a biopharmaceutical company focused on developing new medicines and using novel approaches to improve the lives of patients. The company’s specific focus is on developing and commercializing clinical-stage products for central nervous system disorders. Vanda retains exclusive worldwide commercial rights to two products in clinical development for various central nervous system disorders. The company’s lead product, iloperidone, which the Company intends to market under the tradename Fanapt, is being developed to treat adult patients with schizophrenia. Last month, Vanda announced that the U.S. Food and Drug Administration (FDA) granted marketing approval of Fanapt. Unlike…

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FridayJun 12, 2009 5:55 am

Imaging Diagnostic Systems, Inc. (IMDS.OB) Retains Senior Business Management Consultant to Provide Business Development Leadership and Strategic Guidance

Imaging Diagnostic Systems, Inc., a medical technology company engaged primarily in the research, development and marketing of a non-invasive breast imaging system, recently announced that the company has retained the services of Karsten Damgaard-Iversen as senior business management consultant. With more than 30 years experience in the medical imaging industry and a strong track record in global business and product development, Mr. Damgaard-Iversen collaborated in the development of other laser based medical technologies where he has contributed as an inventor (U.S. Patent 5,009,658) and a scientific publication co-author. He holds an MBA from Emory University and a BSc in electronic…

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ThursdayJun 11, 2009 10:27 am

Emerging Media Holdings, Inc. (EMDH.OB) Acquisition of Genesis International Creates New Avenues of Growth in Romanian Market

Emerging Media Holdings today announced it has inked an acquisition agreement with Genesis International SA, one of Romania’s most rapidly advancing infrastructure development companies focusing on road construction and rehabilitation. Per the agreement, Emerging Media will acquire 60 percent of Genesis, giving it an immediate boost in sales, assets and earnings. The acquisition is a sharp contrast from Emerging Media’s current subsidiaries, Media Alianta and Analiticmedia-Grup, one of Eastern Europe’s leading TV advertising and production companies, but is expected to widen the company’s expansion efforts. "Acquiring Genesis is the beginning of our growth strategy to have two solid business foundations…

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