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TuesdayApr 05, 2011 11:49 am

American Petro-Hunter, Inc. (AAPH) Oil Production Increasing in Oklahoma, Target Raised to 300 BOPD at NOS227 Well

American Petro-Hunter, www.americanpetrohunter.com – the oil and gas developer which is currently focused on becoming a 1k BOE intermediate producer within a year, by further working existing assets or acquiring new ones, reported excellent news today regarding the recently drilled NOS227 well, which, according to a series of successful tests and subsequent engineering analysis, should be able to greatly increase output to 300 barrels of oil per day after fracture stimulation. The 3,820 foot deep NOS227 penetrates the Mississippi Formation in a nice 85-foot section and will be the third producing well at the North Oklahoma Project in Payne County,…

TuesdayApr 05, 2011 11:17 am

ZBB Energy Corp. (ZBB) to Provide Energy Storage System for U.S. Army’s Micro-Grid Project

ZBB Energy Corp. is a leading developer of intelligent, renewable eletrical power platforms. The company's platforms are targeted at the growing global need for distributed renewable energy, energy efficiency, power quality and grid modernization. The company announced yesterday a contract award from Eaton Corporation. The contract is for ZBB to provide a 500 kilowatt-hour energy storage system for use in a micro-grid application at a U.S. Army facility in Ft. Sill, Oklahoma, utilizing ZBB'S next-generation ZESS V3 technology. This technology is a zinc bromide flow battery designed to serve as an advanced electrical energy storage device. It is constructed from…

TuesdayApr 05, 2011 11:14 am

Force Energy Corp. (FORC) Targets Canada for Lithium

It’s difficult to talk about the mobile storage of electrical energy without talking about lithium. Rechargeable lithium-ion batteries store more energy for their weight and size than other rechargeable batteries, plus they operate at higher voltages, reducing the need for multiple cells. In addition, when not in use, they hold their charge longer. With such advantages, and expected cost reductions, it is anticipated by many that lithium-ion batteries will be the energy source of choice for all portable devices in the future. But today the global interest in lithium centers on powering the next generation of automotive vehicles. With hybrid…

TuesdayApr 05, 2011 11:10 am

Takeda Oncology Co. Teams with Sunesis Pharmaceuticals (SNSS) to Develop Oncology Inhibitor

Sunesis Pharmaceuticals Inc. and Millennium: the Takeda Oncology Company have inked a license agreement to develop Sunesis' oral, selective pan-Raf kinase inhibitor and one additional undisclosed kinase inhibitor program in oncology. Sunesis is a biopharmaceutical company focused new oncology therapeutics to treat solid and hematologic cancers. Japan-based Takeda Pharmaceutical Company Ltd. was acquired by Massachusetts-based Millennium Pharmaceuticals Inc. in 2008. The companies are focused on pharmaceutical inhibitors, as well as other biopharmaceutical products. Today’s announced program is part of Sunesis' 2004 multi-kinase inhibitor collaboration with Biogen Idec. (NASDAQ: BIIB). In November 2010, Biogen announced its new focus on neurology; after…

TuesdayApr 05, 2011 11:08 am

Plug Power Inc. (PLUG) to Provide GenDrive Fuel Cell Units to WinCo Foods, gaining Segue into European Market

Plug Power Inc., a leading clean energy provider, today announced that WinCo Foods LLC will use 184 of Plug Power’s GenDrive(R) fuel cell units to power its electric lift truck fleet at its grocery distribution center in Modesto, Calif. Andy Marsh, CEO at Plug Power, said the geographic location of the deal is important considering broader economic factors. The transaction marks Plug Power's first large grocery installation in California, and adds to the company’s growing customer list. "California is an important state for Plug Power to aggressively prove the commercial viability of GenDrive because of the high energy costs currently…

TuesdayApr 05, 2011 11:07 am

OurPet’s Co. (OPCO) Cosmic Pet Asset Acquisition Contributes to 2010 Record Results

OurPet’s Company develops, produces and sells a broad array of consumer brand pet products that comprise its portfolio of brands, including Play-n-Squeak, Smartscoop, ecoPure Naturals, Flappy Dog Toys, Go! Cat Go!, Cosmic Pet, Durapet and Pet Zone. Domestic and foreign subcontractors manufacture the products, which OurPet’s then sells to retailers and distributors. In July 2010, the company acquired certain assets of Cosmic Pet Products Inc., with expectations that the combination of both companies’ resources would create significant product and distribution synergies and market expansion. At the time, OurPet’s said it anticipated Cosmic Pet contributions to generate approximately $2.25 million-$2.75 million…

TuesdayApr 05, 2011 8:20 am

Li3 Energy, Inc. (LIEG) Raises Funds for Chile Project

Li3 Energy, Inc. reported that the company has entered into three capital market transactions to raise funds for the acquisition and exploration of a property in South America. The transactions raised gross proceeds of $6 million. In March 2010, Li3 Energy, Inc. agreed to purchase a 60% interest in the Maricunga Project, located in Chile. The company believes that this property is prospective for mineral reserves that can be extracted commercially. Li3 Energy, Inc. sold 10.6 million units in a private placement offering at a price of $0.27 per unit. Each unit comprises one common share of the company’s stock,…

TuesdayApr 05, 2011 8:18 am

HickoryTech Corp. (HTCO) Adds Carol Wirsbinsky as COO

Yesterday, HickoryTech Corp. made the announcement that Carol Wirsbinsky had been appointed to the role of chief operating officer and vice president of HickoryTech. This is part of the company's plans to grow business. Wirsbinsky is a veteran of the communications industry with 20 years of experience. Mrs. Wirsbinsky has held positions of leadership at CitiLink Broadband, Integra Telecom of Minnesota, among other positions. HickoryTech is a communications provider that serves customers in the upper Midwest. With 460 employees and a multi-state fiber network that encompasses Minnesota, Iowa, North Dakota and South Dakota, HickoryTech offers services such as broadband Internet,…

TuesdayApr 05, 2011 8:16 am

Aastrom Biosciences, Inc. (ASTM) Completes Manufacturing Milestone

Aastrom Biosciences, Inc., a company who is leading the development of expanded, patient-specific cellular therapies for the treatment of severe cardiovascular disease, announced today that it has completed an important product manufacturing milestone. The company has transferred its cell cassette manufacturing to ATEK Medical under the strategic partnership that was announced back in October 2010. The single-use cell cassettes are the central component used in Aastrom's proprietary culturing process at its facility in Ann Arbor, MI. "As a result of this milestone, which we achieved ahead of schedule, we now have a fully validated and reliable manufacturing partner to support…

TuesdayApr 05, 2011 7:59 am

BigSuperSearch.com, Inc. (BSPR) Granted DTC Eligibility Status

BigSuperSearch.com, Inc., a publicly held internet search and technology company, recently announced that the company has been granted eligibility status by the Depository Trust Company (DTC), a member of the U.S. Federal Reserve System and a registered clearing agency with the Securities and Exchange Commission (SEC). Established to provide a safe and efficient way for buyers and sellers of securities to execute and settle transactions, DTC allows the centralized custody of securities so that they exist only as electronic files rather than as physical certificates. This process provides banks, brokerage firms and other institutions with an efficient means of moving…

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