Blog - Page 3424 of 5761

WednesdayOct 05, 2011 12:16 pm

Beacon Equity Research: Kodak (EK) Shares Remain Volatile

Shares of Eastman Kodak Company, which fell more than 50% last Friday on bankruptcy fears, spiked more than 10% in today’s early trade, continuing steady gains throughout the week so far. On Friday, Kodak shares plunged below $1 after the Wall Street Journal reported that the company hired the services of Jones Day for restructuring advice. The company, however, denied that it is planning to file for bankruptcy, pushing the stock sharply higher in Monday’s trading session. The stock once again fell sharply on Tuesday but is paring some of the losses in early trading today. Speculation that the Kodak…

WednesdayOct 05, 2011 12:11 pm

ERF Wireless Inc. (ERFB) Secures $3M in Financing to Expand Broadband Products/Services in North American Oil and Gas Sector

ERF Wireless, known throughout Texas, New Mexico, Oklahoma and Louisiana for delivering fast/reliable high-speed wireless and broadband solutions, recently reported a major step towards cementing and enhancing subsidiary Energy Broadband’s footprint in the major North American oil and gas exploration markets via entry into a binding commitment agreement for $3M in debt financing with Dakota Capital Fund LLC. ERFB has been pumping out data over its largely 10/Mbps broadband networks for quite some time now and has garnered a solid user base; however, this move to bolster penetration into key oil and gas markets like the Ford Eagle Shale and…

WednesdayOct 05, 2011 12:02 pm

Small Cap Voice: GreenLight (PRZCF) Achieves Initial Success with Testing of Silchlor Chlorination Process

GREENLIGHT RESOURCES INC. announced that tests have been completed to confirm the validity of the Silchlor chlorination process in extracting economic minerals from the Company’s Brazil Lake lithium concentrate material. The patented Silchlor Cyclic Vacuum Chlorination Process technology assessment report verifying the process was completed by an independent qualified person. GreenLight retained Dr. Ian Flint of Halifax, NS to independently confirm if this technology could be applied to the extraction of economic minerals from the Brazil Lake Lithium and rare metals project. Confirmation tests were successfully conducted for the digestion of the lithium pyroxene concentrate from the Brazil Lake deposit.…

WednesdayOct 05, 2011 11:33 am

Strategic American Oil Corp. (SGCA) Video Chart for Wednesday, October 5, 2011

SGCA is holding a higher low since hitting $0.055 in June and looks ready to possibly bounce again after a recent slide. Equally important, a bounce in the near term will strengthen the possibility that the new higher lows are going to hold and the chart could be going through an overall trend shift towards bullishness. To view the video chart, visit the following link: http://www.qualitystocks.net/videocharts

WednesdayOct 05, 2011 10:49 am

Strategic American Oil Corp. (SGCA) Recent Acquisition Positions Company for Substantial Growth

Strategic American Oil Corp. recently announced that it entered an agreement to acquire SPE Navigation I, LLC ("SPE"), which owns certain oil and gas working interests equal to one third the working interests owned by Strategic American Oil in four producing oil and gas fields located in Galveston Bay, Texas, in addition to one million shares of Hyperdynamics Corp. (NYSE: HDY). SPE was owned by various members of the CEO’s family who founded and developed Hyperdynamics Corp., which saw its price per share rise from $0.22 (April 2009) to $7.78 (January 2011) in less than two years. In exchange for…

WednesdayOct 05, 2011 9:49 am

Raystream Inc. (RAYS) Announces Change to Name and Trading Symbol

On Tuesday, Raystream Inc., formerly known as Interdom Corp., announced that they changed their name and trading symbol to reflect the Company's new focus on providing HD online video services to other businesses. Raystream recently acquired Raystream Gmbh. They are a German company that developed a proprietary video-compression technology that can reduce the bandwidth required to stream HD video online by up to 70 percent. Recently, Raystream filed their quarterly report for the quarter ended July 31, 2011 with the Securities and Exchange Commission (SEC). They reported total assets of $1,975,183, which included total cash of $1,969,350. A recent third…

WednesdayOct 05, 2011 8:31 am

Eternal Energy Corp. (EERG) Updates Operations at Spyglass Project

Eternal Energy Corp. issued an operations update on the company’s activities in the Western United States, where it is working with several partners on a number of oil and gas wells. Eternal Energy is targeting the Bakken and Three Forks formations at the Spyglass Project, which is located in Divide County, North Dakota. During the third quarter of 2011, the company was involved on a non-operated basis with eight oil and gas wells. Three of the non-operated wells were completed during the quarter, and Eternal Energy Corp. reported that the initial production rate for these wells during the first two…

TuesdayOct 04, 2011 4:43 pm

TiVUS, Inc. (TIVU) Goes Remote

When TiVUS recently announced that it was beginning to target remote high-end resort properties with the TiVUS HD IPTV entertainment/WiFi platform, the company was acknowledging a long-standing gap that has existed in resort amenities. Even the most deluxe resort accommodations often lack an integrated world-class entertainment and Internet solution simply because of their remote location. As an increasing number of travelers seek more distant and exotic locales, they bring with them a demand for flexible communications and content-rich entertainment. The TiVUS solution does the job in a single package, with the added potential of revenue sharing income from highly-valued focused…

TuesdayOct 04, 2011 2:52 pm

BeaconEquity.com: Biotech Stock Cheap Trade; Acura Pharmaceuticals (ACUR)

Shares of Acura Pharmaceuticals Inc., a specialty pharmaceutical company, continues to rally. Yesterday, the stock finished the day 7.94% higher at $3.67, with volume up from a daily average of 72,499 to 213,191, contributing to 25.26% gains in three trading sessions. So far today, the stock is up 3.00% on 71,764 volume. Acura shares were sent soaring after the company announced that it has been granted a U.S. patent for its abuse deterrent drug formulations. The company said that last week that the U.S. Patent and Trademark Office granted it U.S. Patent No. 7,981,439. The patent, titled Methods and compositions…

TuesdayOct 04, 2011 2:48 pm

BeaconEquity.com: Somaxon (SOMX) Shares Spike on FDA Feedback

Shares of Somaxon Pharmaceuticals Inc., a specialty pharmaceutical company, opened sharply higher in today’s trading after the company announced FDA feedback on the over-the-counter (OTC) development program for Silenor®. At last check, Somaxon shares were trading 13.75% higher at $0.91. Somaxon said that in a recent meeting with the FDA, which was also attended by Silenor partner Procter & Gamble (NYSE: PG), the agency provided clinical and regulatory guidance that offers a clear path toward an OTC version of Silenor. The company believes that the FDA’s feedback offers a chance to develop an OTC label that is tailored to Silenor’s…

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