Blog - Page 3119 of 5753

FridayApr 05, 2013 8:23 am

India Globalization Capital, Inc. (IGC) Completes Minority Interest Acquisition of TBL

Yesterday, India Globalization Capital announced that on March 31, it completed its acquisition of the remaining 23.13% of the TBL shares still owned by the Founders of TBL. This previously announced acquisition was completed for around $185,000. As per the agreement announced on Oct. 18, 2012, and following through with IGC’s consolidation effort, TBL became a fully owned IGC subsidiary. As a result of this acquisition, IGC has gained control over TBL, which is a company possessing assets exceeding $3 million, including operating assets that can be deployed in IGC’s mining operations. TBL also has a previous history and qualifications…

ThursdayApr 04, 2013 3:43 pm

Abraxas Petroleum Corp. (AXAS) Announces Changes to Board of Directors

Today, Abraxas Petroleum announced two important developments regarding its Board of Directors. The company announced the nomination of Jerry J. Langdon as well as its intention to name Katherine T. Richard to fill an expected Board vacancy. Mr. Langdon will stand for election at the company’s 2013 Annual Meeting of Stockholders, while Ms. Richard will fill the vacancy created by C. Scott Bartlett, Jr.’s retirement. With the addition of Mr. Langdon, Abraxas’ Board will grow by one member, from nine to ten. Nine of the directors will be independent. Abraxas’ Chairman, President, and CEO, Bob Watson, remarked, "We are pleased…

ThursdayApr 04, 2013 3:37 pm

Punchline Resources Ltd. (PUNL) Wraps Review of Extensive Data on Winnemucca Gold Property

Punchline Resources reported today that the company's geologic team has completed a comprehensive review of extant historical data on the Winnemucca Mountain Property, with analysis rich enough to be quite confident in their initial target selection. This effort clears the way for a thorough mapping and sampling program, results of which should hit markets in two to three weeks according to the current schedule. Great news for PUNL, whose 3.8k acre (208 unpatented mineral claims) Winnemucca Mountain Property, located in Nevada's mining-friendly Humboldt County, represents a superb mix of historically validated mineralization and currently untapped potential. Extensive analytical work done…

ThursdayApr 04, 2013 3:26 pm

Why SmartMetric, Inc. (SMME) Has an Edge on its Patent Battle with Visa and MasterCard

SmartMetric is a biometric security solutions company. Its principle product, Biometric Datacard, is a portable biometric identity and transaction card with the capability to securely store personal information for use by personal, government, and corporate customers. This fall SmartMetric will head to court and toe up to Visa and MasterCard as the company sues the credit card giants for patent infringement of the company’s contactless biometric technology. The suit was filed in August 2011, in which SmartMetric alleges that Visa and MasterCard have infringed on the company’s “464” patent, which covers “contact” and “contactless” smart card technology specifically when used…

ThursdayApr 04, 2013 3:01 pm

Case Summary for VistaGen Therapeutics, Inc. (VSTA)

VistaGen Therapeutics is a California biotechnology company focused primarily on the use of its proprietary pluripotent stem cell technology to discover, rescue, and develop novel drug candidates for a wide range of diseases. The core of the company’s strategy is the use of its Human Clinical Trials in a Test Tube stem cell based platform that is designed to function as a superior assay system for determining heart or liver toxicity right in the laboratory, prior to lengthy and expensive animal tests or clinical trials. With this advanced and accurate technology, exclusive to VistaGen, the company plans to identify and…

ThursdayApr 04, 2013 10:16 am

SMTP, Inc. (SMTP) Posts FY2012 Financial Results, Names New Members to Operations Team

SMTP, a provider of cloud-based services to facilitate e-mail deliverability, has announced financial results for the year ended December 31, 2012, as well as announced the appointment of new members to a three-member oversight committee. Total revenues for the year were $5.3 million, an increase of 25.1 percent compared to revenue of $4.3 million reported in the year ago period. The company attributes the revenue growth primarily to its growing client base and an increase in the average monthly fee to $70. Gross profit increased 17.1 percent to $4.1 million in 2012, compared to gross profit of $3.5 million in…

ThursdayApr 04, 2013 9:49 am

Mitel Networks Corp. (MITL) Announces Release of Cloud-Based Contact Center Solution for Small and Mid-Size Businesses

Mitel, a leading provider of cloud and premises-based unified communications software solutions, yesterday announced the release of its Mitel AnyWare Cloud Contact Center solution at the Cloud Connect Conference. Mitel's Cloud Contact Center solution comes as the latest addition to the company's comprehensive suite of cloud based products and is ideally suited to small and mid-sized businesses looking to take advantage of predictable operating costs, avoid capital expenditures, and off-load management and maintenance of contact center infrastructure. The new cloud-based solution, based on Mitel's freedom architecture, can provide contact center managers and agents the tools they need to deliver a…

ThursdayApr 04, 2013 8:50 am

The Aristocrat Group Corp. (ASCC) Eyes Remarkable Success of Super-Premium Brands, Reports Fast Growth in Vodka Market

Market conditions are excellent for the upcoming introduction of Aristocrat Group’s new super-premium vodka for the U.S. marketplace. The high-end category led growth in the booming $5.5 billion vodka market last year, up 10 percent in volume. Last year, 6.3 million 9-liter cases of super-premium vodka brands were sold in the U.S., up from 5.7 million in 2011 and 1.9 million a decade ago, according to figures compiled by the Distilled Spirits Council of the United States (DISCUS). According to this data, the high-quality spirits are by far the best-performing category in the vodka market, which itself has grown to…

ThursdayApr 04, 2013 8:33 am

Enphase Energy, Inc. (ENPH) Renews Inverter Solution Agreement with Vivint Solar

Enphase Energy, a prominent supplier of home technology services, including a wide range of wireless features and components that deliver simple, affordable home security, energy management, home automation, and solar solutions, announced today that its relationship with Vivint Solar has been renewed for 2013 regarding Enphase’s inverter solution. Vivint Solar is an affiliate of Vivint Inc., a leading provider of home technology services in North America. “We are delighted to continue building off our powerful strategic relationship with Vivint Solar. For over a year-and-a-half, our advanced inverter technology, coupled with Vivint Solar’s unique go-to-market, has helped accelerate them toward their…

ThursdayApr 04, 2013 1:18 am

DoMark International, Inc. (DOMK) Brings It All Together

When DoMark subsidiary SolaWerks announced that it had obtained exclusive rights to a patent pending technology that allows solar powered charging systems for mobile devices to tap the vast infrared (IR) portion of the electromagnetic wave spectrum, it was a perfect example of what DoMark does best. By being able to make use of IR rays, which are virtually everywhere, versus the far more limited visible light rays, the new technology provides charging capabilities far superior to standard chargers. It represents DoMark’s knack for identifying upcoming opportunities, companies that are in the right place at the right time to make…

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