FridayApr 24, 2009 7:50 am

Aura Systems, Inc. (AUSI.OB) Appoints Former Director of Business Development at Oracle to VP of Sales

Aura Systems, Inc. was pleased to announce that Steve Covate, former director of business development at Oracle, has been appointed Vice President of Sales. Mr. Covate has nearly two decades of experience in operational management and 10 years experience in sales and business development. He has a long track record of success, including lengthy tenures at Fortune 500 companies. Mr. Covate has a B.S degree in Business administration. Melvin Gagerman, Aura’s CEO, commented, “Steve Covate is a great addition to our leadership team. His background in Sales and Operational Management are a unique set of skills that will be utilized…

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FridayApr 24, 2009 7:45 am

Amarillo Biosciences, Inc. (AMAR.OB) Ships Clinical Supplies to Taiwan for Hepatitis C Study

Amarillo Biosciences, Inc. announced this morning that clinical supplies were shipped to CytoPharm, Inc., its partner in Taiwan, for use in a study of 165 patients with chronic hepatitis C virus infection. The objective of this trial is to reduce the virologic relapse rate for those patients who have taken high dose injectable interferon alpha and Ribavirin. The trial’s start date is anticipated to occur in the second quarter of this year and to be completed next year. The patients participating in the study will receive one of two different dosages of oral human interferon alpha or placebo daily for…

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ThursdayApr 23, 2009 9:43 am

Cord Blood America, Inc. (CBAI.OB) Reduces an Additional $817,000 in Long-Term Debt

Cord Blood America, Inc., an umbilical cord blood stem cell preservation company, announced today that it has eliminated $817,000 of long-term debt in addition to the recently announced long-term debt elimination of $1.75 million. Matthew Schissler, Cord Blood America Founder and CEO, commented, "The remaining debt with YA Global Investments, formerly Cornell Capital Partners, has been assigned to an existing institutional investor. CBAI and YA Global Investments agreed on a one time common share settlement for liquidated damages in connection with assigning the outstanding principal and interest to the existing investor. With this assignment, CBAI has no further debt with…

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ThursdayApr 23, 2009 9:37 am

Freedom Financial Holdings, Inc. (FDMF.PK) Partners with State of Kansas

Freedom Financial Holdings, Inc., a holding company with a focus on the identification of opportunities in the financial services sector, announced today that it has formed a strategic alliance with the Kansas Corporation Commission (KCC), District 3 office in Chanute, Kansas to use KC 9000(TM) for tank remediation. "Several weeks ago, we presented a table top demonstration of KC 9000(TM) to the local KCC officials in their office in Chanute, CEO Brian Kistler stated. “As it always does, KC 9000(TM) performed just as anticipated and as a result, Freedom has received a letter from the KCC that 'assigns any of…

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ThursdayApr 23, 2009 8:20 am

GTX Corp. (GTXO.OB) Tracking Tidal Wave of Industry Growth

GTX Corp. (GTXO.OB), a leader in the emerging location-based GPS and two-way Personal Location Service (PLS) systems market, has a very good reason to be bullish on its prospects. Analysts see nothing but good times ahead for the company’s targeted industry. In fact, “location-aware” applications were recently predicted by the Gartner Group to “hit mainstream adoption in the next two to five years”. Any time the term “mainstream adoption” is used unhesitatingly by respected analysts, even the most conservative investors begin to take notice. GPS/PLS services are being called the next globally transparent technology, with overall location-aware services projected to…

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ThursdayApr 23, 2009 7:36 am

Mr. Martin Thrasher Joins Stellar Pharmaceuticals Inc. (SLXCF.OB) Board of Directors

Stellar Pharmaceuticals Inc., a Canadian pharmaceutical developer and marketer of high quality, cost-effective products for select health care markets, yesterday announced that Mr. Martin Thrasher has joined the company’s board as a new director. A seasoned international executive, Mr. Thrasher has spent over three decades working around the globe for blue chip companies such as General Foods, McCormick & Co, Campbell Soup Co and ConAgra Foods Inc. He lived and worked in Canada, Australia, Belgium and the USA. Currently, Mr. Thrasher is President of FMT Consulting, a boutique advisory and consulting firm. Arnold Tenney, Stellar's Chairman of the Board, commented,…

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ThursdayApr 23, 2009 6:57 am

Easter Helps Lift Hershey (HSY) First Quarter Profit

The Hershey Company (NYSE:HSY) is the nation's 2nd largest manufacturer of quality chocolate and sugar confectionery products. The company markets such iconic brands as Hershey's, Reese's, Kit Kat, and Hershey's Kisses. Privately-owned Mars Inc. leapfrogged Hershey last year to become the nation's largest candy maker with its purchase of the William Wrigley Jr. Company. Hershey announced today that its first quarter profit surged 20 percent, beating Wall Street expectations. The company's results were helped by several factors: a price increase which took effect in August, a gain in US market share, and a reporting period that captured more days of…

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ThursdayApr 23, 2009 4:34 am

Axial Vector Energy Corp. (AXVC.PK) Joint Venture Lists Patent Applications on Website

Axial Vector Energy Corporation announced this morning that its PETRO-AVEC LLC Joint Venture listed a matrix of active patent applications nearing allowance on its under-developed website, www.petroavec.com. Currently, there are over 1,500 claims patent pending in 42 countries. United States Patent No. 7,081,196, the first patent awarded, protects the process of removing sulfur from all types of crude oil fractions through sonic energy, oxidation and the removal of all of the oxidized sulfur through hydrotreatment. European Union patents 1 635 924 B1 and 1 668 095/04 781 388.6 protect the process by which sulfur and nitrogen bearing compounds are removed…

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WednesdayApr 22, 2009 8:52 am

Endeavor Explorations, Inc. (EAVR.OB) Investigates Don Lake Uranium Mineralization

Endeavor Explorations, Inc., (EAVR.OB), in its ongoing quest for uranium, has put great effort into obtaining eight important mineral rights claims in the Uranium City area of northern Saskatchewan in Canada. Uranium demand has come back to life, after years of stagnation caused by the reduction in nuclear weapons and a halt to nuclear power plant construction. With nuclear power plants now seen as another answer to the problems of fossil fuels, and a developing world increasingly hungry for energy, uranium finds itself back on the right side of popularity. One of the less explored areas now being looked at…

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WednesdayApr 22, 2009 7:01 am

Ethos Environmental, Inc. (ETEV.OB) Enlists Eco-Warrior James Pribram as Spokesperson for Distribution Network

Ethos Environmental, Inc., a San Diego-based company, announced today that James Pribram has joined its ECOMATES™ division as a spokesperson to help bring awareness to the distribution network. Pribram is a recognized professional surfer, writer, television commentator and environmental leader. Pribram stated, "I am continuously asked to endorse various 'green' products. Most do not live up to their collateral material. It's great to endorse EthosFR+ fuel additive because it does what it says it will do -- it is proven to reduce tailpipe emissions which is extremely important to me, and it greatly improved my fuel economy." "We're excited to…

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