QualityStocks Stock Newsletters Archives - Page 750 of 1818

WednesdayMay 27, 2009 9:03 am

Oil Price Hits Six-Month High – Are We Headed Higher?

Today, the price of oil rose to a six-month high of $63.45 and the national average price for a gallon of regular unleaded gasoline rose to $2.655. In the last month alone, the price for a barrel of light crude oil increased approximately 25%. Is this the peak of the rally or should we expect even higher prices? According to Saudi oil minister Ali al-Naimi, prices will keep increasing since demand is "picking up, especially in Asia". Nuaimi said, “You bet we're seeing it (increased demand) from some of our customers for more oil and we're providing it… There is…

WednesdayMay 27, 2009 7:07 am

XenaCare Holdings, Inc. (XCHO.OB) Receives Exclusive License to Market and Distribute an FDA Approved Over the Counter Treatment for Chronic Pain

XenaCare Holdings, Inc. (XCHO.OB), a developer of uniquely positioned nutritional products, mass retail products and products for practitioners, recently announced that the company has received the exclusive U.S. license to market and distribute an FDA approved homeopathic treatment for chronic pain. Chronic pain currently affects more than 50 million people throughout the United States. In 2005, U.S. sales of prescription and non-prescription pain management products totaled more than $20.4 billion. Frank Rizzo, chief executive officer of XenaCare Holdings, stated, “We are extremely enthusiastic about this product, as it represents one of the first non-narcotic treatments for chronic pain. As we…

WednesdayMay 27, 2009 6:35 am

Osteologix, Inc. (OLGX.OB) Announces Patent Allowance for Novel Osteoporosis Drug

Osteologix, Inc. announced this morning that is has received a Notice of Allowance from the U.S. Patent and Trademark Office (USPTO) for its U.S. Patent Application titled "Water-Soluble Strontium Salts for Use in Treatment of Cartilage and/or Bone Conditions." The reported allowance of claims covers the treatment of osteoporosis and related bone conditions using NB S101 (strontium malonate), the company's lead osteoporosis drug candidate. The company anticipates that the patent will be issued in the second half of 2009. According to the press release, the patent's 20-year term would expire in 2024. Additionally, the company has a number of other…

WednesdayMay 27, 2009 6:20 am

Veramark, Inc.’s (VERA.OB) VeraSMART Named 2008 Communications Solutions Product of the Year

Veramark Technologies, Inc., a leading provider of Telecom Expense Management (TEM) solutions, announced that its VeraSMART(R) Communications Management Suite has received the 2008 Communications Solutions Product of the Year Award from Technology Marketing Corporation (TMC). Providing an environment for full product lifecycle telecommunications expense management, VeraSMART helps organizations gain visibility into their communications networks and reduce expenses associated with their voice, data, and wireless services and infrastructure. The management suite provides a holistic view of all telecom and IT expenses and gives organizations the technology needed to control those costs more effectively. "Telecom Expense Management is a services market and…

WednesdayMay 27, 2009 6:08 am

Seamless Corp. (SMWF.OB) Subsidiary to Launch Additional Products Early Next Month

Seamless Corporation announced before the opening bell today that its subsidiary, Seamless Sales, will offer additional products direct from certain manufactures once the eCommerce website goes live June 1, 2009. The subsidiary will also be announcing the winner of the Mail Mate Shredder drawing tomorrow. Those who created an account at its eCommerce website before midnight May 26, 2009 were entered in the drawing. "We are pleased that additional manufactures are agreeing to let us sell their products through our website which goes live on June 1," commented Albert Reda, CEO of Seamless Corporation, "and I want our shareholders to…

TuesdayMay 26, 2009 6:32 am

Solar Energy Initiatives, Inc. (SNRY.OB) Raises 2009 Revenue Guidance by 100%

Solar Energy Initiatives, Inc., a company focused on helping redeploy a portion of the U.S. work force and reducing the world’s dependence on fossil fuels by selling solar thermal and photovoltaic (PV) technologies, recently increased its revenue guidance for fiscal 2009. The guidance was increased 100% to $12 million from the previously announced $6 million. The increase was a result of the success of Solar Energy Initiatives’ ability to sell solar equipment to municipalities throughout the nation. By developing its niche dominance as a large volume distributor of solar products to its dealers, the company has positioned itself for continued…

TuesdayMay 26, 2009 6:15 am

Wescorp Energy, Inc. (WSCE.OB) Announces Shipment of First H2Omaxx Water Remediation Unit

Wescorp Energy Inc., an oil and gas technology solutions provider, was pleased to announce today that a 2,000 barrel per day H2Omaxx water remediation unit has been shipped to Kansas to begin full operations for an oil and gas producer. H2Omaxx safely, effectively and economically cleans and separates oil and solids from produced water using patented technology. Test results have demonstrated the H20maxx’s ability to reduce oil content in produced water to less than 0.001% allowing oil and gas operators to reduce, reuse, and recycle water. In July of last year, the company signed a master lease agreement with a…

TuesdayMay 26, 2009 6:06 am

OptiCon Systems, Inc. (OPCN.OB) Announces Sale of 10 Licenses; 200 More Committed

OptiCon Systems, Inc., a global provider of communications and telecommunications software for Wireline, Wireless and fiber optics, announced earlier today that the company has sold 10 licenses of its OptiCon software and a commitment for at least 200 more through an agreement with Mfumo Networking Solutions of South Africa. "We are ecstatic to have proven the viability and longevity of our world-leading software, OptiCon Network Manager. Therefore, with this sale, we have completed a major milestone for OptiCon as a company and as the major force in the global telecommunications. Consequently we would expect more interests and sales in coming…

TuesdayMay 26, 2009 6:02 am

Park City Group, Inc. (PCYG.OB) Reports Double the Revenues, Substantial Increase in EBITDA

Park City Group, Inc., a developer of patented, innovative retail supply chain solutions and services, announced its financial results for the first quarter of this year. Revenue increased 118% to $2.503 million, from $1.149 million in the comparable quarter in 2008, and adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) increased 150% to $213,000 compared to $(422,000) in 2008. Operating expenses for the quarter included a $1,457,383 non-cash charge related to impairment of capitalized software acquired in connection with acquisition of Prescient, in addition to approximately $75,800 in non-recurring costs incurred in connection with the consummation of the merger.…

TuesdayMay 26, 2009 5:49 am

BioNeutral Group, Inc. (BONU.OB) Signs LOI to Sell its Mold Formulation

BioNeutral Group, Inc., a chemical technology-based Life Science company that plans to commercialize a novel combinational chemistry-based technology, announced this morning that it has signed a Letter of Intent (LOI) with Mr. Mold LLC, a New Jersey based mold remediation company with operations throughout the northeast. According to the terms of the agreement, Mr. Mold will begin using BioNeutrals’ unique formulation designed for use with mold and mold spores. Thomas Re, Founder and CEO of Mr. Mold LLC stated, “I have had the opportunity to utilize this formulation and no other product comes close to its performance. The BioNeutral formulation…

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