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ThursdayMay 26, 2011 8:55 am

Quantum Fuel (QTWW) Inks Deal with Dow Chemical to Deliver 100+ Hybrid Vehicles

Alternative energy company Quantum Fuel Systems Technologies Worldwide Inc. shares closed Wednesday with nearly 35% gains after the company announced it has received a contract to deliver more than100 plug-in hybrid electric (PHEV) pickup truck fleet vehicles to The Dow Chemical Company. The system was developed specifically for the Ford F-150 pickup and is powered by Dow Kokam lithium ion battery technology. "Quantum is proud to be partnering with The Dow Chemical Company to launch the PHEV F-150 truck," Alan Niedzwiecki, president and CEO of Quantum stated in the press release. "We are excited and impressed by Dow's progressive thinking,…

ThursdayMay 26, 2011 8:49 am

Tactical Air Defense Services, Inc. (TADF) Receives Second $200,000 of $1,000,000 Financing Commitment

Yesterday, Tactical Air Defense Services, Inc. announced that they received the second $200,000 of the recently announced $1,000,000 financing commitment from Cornucopia, Ltd. The Company's intention is to use proceeds from the $200,000 to prepare for contracts for the Super Tucano military aircraft that they recently leased and intends to operate through a services agreement with their pending merger partner, Tactical Air Support Services, Inc. (Tac-Air). They also intend to use the proceeds for other general business purposes. Tactical Air Defense Services, Inc. believes, but cannot guarantee, that the Super Tucano shall be operating in support of a tactical aviation…

ThursdayMay 26, 2011 8:16 am

MusclePharm Corp. (MSLP) Appoints Sports Nutrition Retail Mogul to Co-President and Chief Marketing Officer Positions

MusclePharm Corp., an expanding U.S. nutritional supplement company with products sold in over 120 countries, was pleased to announce today that Jeremy Deluca, the former Bodybuilding.com President, will be joining the company’s Executive team as Co-President and Chief Marketing Officer. Together with his brother Ryan, Deluca helped create and grow the Bodybuilding.com brand to become the most visited bodybuilding and fitness online destination in the world. Today it is the largest online sports nutrition company in the world, boasting annual sales that exceed $200 million. The site sells more than 12,000 products from nearly 600 brands worldwide. "Jeremy will be…

ThursdayMay 26, 2011 8:15 am

Cono Italiano, Inc. (CNOZ) to Expand through Investor Capital

Today before the opening bell, Cono Italiano, Inc., the exclusive license holder for the North American Distribution and Manufacturing rights for "pizza cono," announced that it has entered into negotiations with investors who are interested in purchasing a minority equity position into Cono Italiano, Inc. "Should a deal be consummated, these funds will be very instrumental in the expansion of Cono Italiano, Inc. and will afford the company the opportunity to generate sales and revenues for Pizza Cono and their new frozen food line to be launched in 2011," commented CEO Mitchell Brown. "These are very exciting times for Cono…

WednesdayMay 25, 2011 4:17 pm

MusclePharm Corp. (MSLP) is “One to Watch”

MusclePharm Corp. is a healthy life-style company focused on developing and manufacturing a full line of National Science Foundation approved nutritional supplements that do not use any substances banned in the sports industry. The company continues to expand rapidly, with revenues growing from $80,739 in 2008, $1,016,000 in 2009, and $4,076,764 in 2010 to $3,517,774 for just the first quarter of 2011. Current CEO Brad Pyatt founded the company to develop a superior line of nutritional supplements that would help fellow athletes improve their performance in a way that existing supplements did not. Even as the company has grown, its…

WednesdayMay 25, 2011 3:28 pm

National Health Partners, Inc. (NHPR) Launches Successful Marketing Campaign

National Health Partners, Inc. has launched a major marketing campaign that has driven enrollment numbers throughout the month of May. The company, a leading provider of discount healthcare membership programs, has deemed the launch successful, and it’s looking forward to continued positive results. While only in its infancy, the campaign has been so successful that the results from May are likely to be triple that of April’s. This growth should continue to build at an equally fast pace as the company rolls out new facets of the campaign. The company plans to announce the initiation of these new marketing campaigns…

WednesdayMay 25, 2011 3:02 pm

Medical Action (MDCI) Posts Q4, FY2011 Results with 48% Increase in Quarterly Revenues

Medical Action Industries Inc., a supplier of medical and surgical disposable products, today reported fourth quarter and fiscal 2011 results, impacted by raw material costs, adverse weather, and the company’s acquisition of AVID Medical Inc. in August, 2010. Revenues for the fiscal 2011 fourth quarter were $105.2 million, a 48 percent increase over the $71.2 million reported for the fourth quarter of 2010. Revenues included $34.2 million in custom procedure tray sales generated by AVID Medical. Excluding sales of custom procedure trays, Medical Action’s revenues for the three months ended March 31, 2011, were $71.0 million. The company reported net…

WednesdayMay 25, 2011 2:51 pm

AgriSolar Solutions, Inc. (AGSO) Announces Upgrades to Manufacturing Capabilities for Insect Elimination Systems

AgriSolar Solutions, Inc., a company that engages in the development, production, and sale of solar powered insect elimination products in the People’s Republic of China, has recently announced a significant upgrade to its manufacturing capabilities. With the installation of high volume manufacturing equipment in the Company’s factory, AgriSolar will be able to increase its factory output, decrease labor costs and increase its operating margins, while providing for increased protection of its intellectual property. The upgrade for production will now enable the Company to manufacture 100% of its insect-attracting light sources in its own facility, when in the past only a…

WednesdayMay 25, 2011 1:29 pm

Achillion Pharmaceuticals Inc. (ACHN) Begins First-in-human Dosing for Hepatitis C Treatment

Achillion Pharmaceuticals Inc. today announced that it has begun dosing in a phase 1 clinical trial of ACH-2684 for the treatment of chronic hepatitis C virus (HCV) infection. “This first-in-human clinical trial will be instrumental in establishing the safety profile of ACH-2684 in humans,” Elizabeth A. Olek, D.O., vice president and chief medical officer of Achillion stated in the press release. “It will also provide Achillion with important preliminary efficacy data against HCV genotypes 1 and 3, and help us to select doses for subsequent clinical development.” The clinical study is a randomized, double-blind, placebo-controlled trial in which scientists will…

WednesdayMay 25, 2011 12:14 pm

Cono Italiano, Inc. (CNOZ) Has Big Ideas for Pizza Cono

Getting the American rights to a new convenience food idea that has proven success in other countries is always a big deal. It’s a multi-billion dollar market that never stops growing. The latest new idea is pizza in a cone, something about which every on-the-go pizza lover has a right to ask “Why didn’t they think of this before”. Actually, the pizza in a cone concept is well established in Europe, but has only recently been edging into the U.S. market. Cono Italiano, Inc. now has the American distribution rights for Pizza Cono, a cone shaped pizza made of proprietary…

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