WednesdayJan 18, 2012 6:14 pm

Hondo Minerals Corp. (HMNC) Finds Gold in the Range of Previous Estimates; Reports Sample Testing at the Tennessee Concentration Plant

Hondo Minerals Corp., a company engaged in the acquisition of mines, mining claims and mining real estate across North America, today announced that early tests indicate gold content at or above previously projected levels for commercial production to proceed at the Tennessee Concentration Plant in Arizona. "We are pleased and encouraged by the early results indicating our estimated gold content. We are encouraged that there are commercial quantities of precious metals in the tailings pile, and that the company has the ability to efficiently extract them," said Bill Miertschin, Chairman and CEO, Hondo Mineral Corporation in press release. The tests…

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WednesdayJan 18, 2012 3:44 pm

Provectus Pharmaceuticals (PVCT) Receives FDA Guidance, Moves toward Approval of Phase 3 Trial for PV-10 for Metastatic Melanoma

Provectus Pharmaceuticals Inc., a development-stage oncology and dermatology biopharmaceutical company, today announced it has received guidance from the U.S. Food and Drug Administration (FDA) to submit its phase 3 protocol for review. This guidance is in response to Provectus’ request for a final end-of-phase 2 meeting regarding consensus of the design of a planned pivotal phase 3 randomized controlled trial (RCT) of PV-10 for metastatic melanoma. In its response, Provectus said the FDA indicated that an additional end-of-phase 2 meeting with Provectus is not required. Receiving Special Protocol Assessment (SPA) for approval of PV-10 for melanoma indication would represent an…

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WednesdayJan 18, 2012 2:58 pm

STWA (ZERO) CEO to Address Key Decision Makers in China’s Oil Industry to Promote AOT™ Technology

STWA, Inc., a developer of energy efficiency technologies for the oil pipeline and diesel engine markets, today announced that its chairman and CEO, Cecil Bond Kyte, will tour China and meet with government and commercial officials regarding the commercialization of the company’s Applied Oil Technology™ (AOT) oil pipeline efficiency technology. Kyte will be joined by Ruilin Zhao, founder and CEO of Beijing Heng He Xing Ye Technology Development Co., Ltd., with which STWA recently signed a letter of intent for the licensing, sales and distribution of AOT™ into the Chinese market. Kyte and Zhoa will co-present the AOT™ technology and…

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WednesdayJan 18, 2012 12:27 pm

US Natural Gas Corp. (UNGS) Issues Update on Appalachian Basin Oil Field

US Natural Gas Corp. issued an operational update on the company’s oil and gas activities at the Pine Grove oil field in the Appalachian Basin. US Natural Gas recently placed the Ward Watt No. 265 well on production after replacing tubing and a down hole pump at the well site. The well is producing from the Devonian Clear Creek formation at depths of approximately 1,200 feet. US Natural Gas also placed the Romie Constant No. 247 well on production after replacing various pieces of above ground equipment, including electrical components and a tank battery separator. This well also produces from…

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WednesdayJan 18, 2012 11:37 am

Juhl Wind, Inc. (JUHL) Chosen as Development Partner for New York Wind Project

Juhl Wind, Inc. is a leader in community based wind power development and management, focused on wind farm projects in North America. The company pioneered the idea of community based wind farms, developing currently accepted financial, operational and legal structures, providing local ownership of medium-to-large scale wind farms. As of right now, the company has completed 21 wind farm projects in the United States and Canada, providing operations management and oversight for the projects. It services every aspect of wind farm development from full development and ownership, general consulting, construction management and systems operations and maintenance. Juhl Wind today announced…

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WednesdayJan 18, 2012 10:50 am

Rainmaker Systems, Inc. (RMKR) Awarded Two Contract Extensions for Global B2B e-Commerce Sales

Located in Campbell, California, Rainmaker has quickly earned a reputation as a leading global provider of B2B e-commerce solutions that are the driving force for online sales and renewal of products. Today, Rainmaker took a major step towards cementing their reputation on Wall Street with the announcement they have been awarded two different one-year contract extensions by global B2B e-commerce clients. The first client is a leading global infrastructure company that provides independent data integration software on premise or in the cloud. This company extended Rainmaker’s current B2B SaaS agreement to drive online sales revenues from their existing global customer…

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WednesdayJan 18, 2012 10:41 am

Cinedigm Digital Cinema Corp. (CIDM) Signs Agreement to Assist ICAA with Rollout of Digital Systems in Independent Australian and New Zealand Cinemas

Cinedigm Digital Cinema Corp. yesterday announced the signing of an agreement with ICAA to be the preferred integrator to advance the digital rollout of cinema in Australia and New Zealand. The agreement with ICAA, the Independent Cinemas Association of Australia, calls for Cinedigm to provide Virtual Print Fee ("VPF") Contracts, VPF Administration, Theatre Management Systems (TMS) and other support resources for ICAA and its members as they deploy digital services. A Virtual Print Fee (VPF) is a subsidy used globally to help finance the digital conversion of film. Distributors can save substantially on the costs of shipping film prints and…

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WednesdayJan 18, 2012 10:04 am

TiVUS, Inc. (TIVU) Announces Local Merchants’ Embrace of Hotel TV Advertising

TiVUS, Inc. just announced that advertising on its proprietary, satellite based, high-definition (HD) internet-protocol television (IPTV) with ad-insertion is now generating revenues. Initial success is lending strong validation to the company's novel hotel HD IPTV ad-insertion business model. "Significantly, we believe current ad-revenue projections reveal TiVUS' first-of-its-kind HD IPTV with ad-insertion effectively renders video-on-demand income, already in decline for over a decade, immaterial," stated Shiva Prakash, TiVUS' chief executive officer. "Today it is satisfying to report, however meager initially, our ad-revenues have begun at our inaugural Philadelphia installation. Moreover, at the current pace of ad-sales, I expect this installation to…

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TuesdayJan 17, 2012 5:38 pm

SPI Solar (SOPW) Secures Second Major Greek Development Project, 2MW Utility-Scale

Today, SPI Solar, long established as a vertically integrated developer of innovative solar photovoltaic systems and EPC services (engineering, procurement and construction), reported securing all the requisite contracts/permits in order to serve the developer role on a 2MW fixed-tilt ground-mount solar facility in Evros, Greece. The facility itself will be utility-scale and feed directly into the Greek Public Power Corporation via a 20-yr power purchase agreement. With construction slated to commence some time in Q1 this year, the Company is in an excellent strategic position to sell the project during construction or after commissioning. CEO of SOPW, Stephen Kircher, expressed…

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TuesdayJan 17, 2012 3:21 pm

Antares Pharma, Inc. (AIS) Licenses Rights to Oxybutynin Gel to Daewoong Pharmaceuticals

Today, Antares Pharma, Inc. announced that it has licensed its Oxybutynin Gel 3% to Daewoong Pharmaceuticals Co. Ltd., exclusively, for marketing in South Korea. Antares will receive upfront payments and regulatory and sales based milestones, in addition to royalties on net sales for the product. The FDA-approved Oxybutynin Gel has demonstrated to be an effective and safe treatment for overactive bladder (OAB). The product’s active ingredient is delivered transdermally; as such, the liver metabolizes the product differently than orally administered oxybutynin, resulting in a low level of side effects, such as dry mouth and constipation. Clear and odorless, the product…

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