Blog - Page 3727 of 5768

WednesdayNov 10, 2010 2:35 pm

Huifeng Bio-Pharmaceutical Technology, Inc. (HFGB.OB) Secures $3.9M to Build Diosmin Plant, Massively Expanding Output to Meet Global Demand

Huifeng Bio-Pharmaceutical, www.hfgb.cn – the Chinese producer of flavonoids like rutin and other plant extracts/concentrated pharmaceutical raw materials, reported today entry into a $3.9M financing and construction agreement with Xi'an Jucheng Investment & Consulting Co., Ltd. (Jucheng). Jucheng is fully compliant with extant PRC laws and will provide $3.9M in financing under the agreement for the construction of a 500 ton/year Diosmin (another flavonoid) plant, designed from the ground up around the Chinese COS Standard. Subsequently, HFGB will issue 6.5M shares of its restricted common stock in consideration, 1.5M of which will stay restricted until HFGB approves the completed facility…

WednesdayNov 10, 2010 2:13 pm

eDoorways International Corp. (EDWY.PK) Offering The Latest Example Of Web 3.0

The underlying principle that seems to drive eDoorways is that users want a customized personalized environment when communicating on the Web. The idea that people want to choose what they see and hear is nothing new. The last 100 years in advertising has reflected a struggle to come up with a way to advertise only to those people that will really be interested, and that will therefore be likely to take action. The Internet has opened up new methods to focus this communication, matching the message to the person in ways never before possible. eDoorways allows people with a common…

WednesdayNov 10, 2010 11:14 am

DryShips, Inc. (DRYS) Video Chart for Wednesday, November 10, 2010

DRYS has been on a climb for the last week and made a sharp move yesterday on increased volume. A look at the 5-year weekly chart shows that the stock has strong possibilities of continuing the climb. Please click the following link: http://www.qualitystocks.net/videocharts.php Let us hear your thoughts below:

WednesdayNov 10, 2010 10:05 am

Sunesis Pharmaceuticals, Inc. (SNSS) Provides Update Concerning Phase 2 Clinical Trials for Vosaroxin in AML

Today before the opening bell, Sunesis Pharmaceuticals, Inc. announced positive data from Phase 2 clinical trials of the company's lead drug candidate, vosaroxin, in combination with cytarabine, a widely used chemotherapy, in relapsed/refractory acute myeloid leukemia (AML) and as a single agent in frontline elderly AML. The data were presented today by Robert Stuart, M.D., Professor of Medicine, Division of Hematology/Oncology, Department of Medicine, Medical University of South Carolina, at the Chemotherapy Foundation Symposium XXVIII in New York City. The presentation is available to the public on the Sunesis website at www.sunesis.com. For the fully enrolled relapsed/refractory AML study, a…

WednesdayNov 10, 2010 9:43 am

CorMedix, Inc. (CRMD) Provides Third Quarter Update and Report

CorMedix, a biotechnology company with a focus on developing and commercializing therapeutic products for the prevention and treatment of Cardiorenal disease, yesterday released its financial report for the third quarter ending September 30, 2010. While the Company’s financials were what is typically seen for developmental companies, there were some noteworthy highlights in the report. More specifically, the Company announced: • Appointment of Two Key Positions: Dr. Robert D. Hopkins as Head of Clinical Operations and Project Management and Mr. Dilip Wadgaonkar Head of Product Development and Manufacturing. • Continued Advancement of Patient Enrollment in Phase II Deferiprone CRMD001 for Prevention…

WednesdayNov 10, 2010 9:26 am

CDEX Inc. (CEXI.OB) to Launch Pocket ID2 Scanner

CDEX Inc. today announced the launch of its new Pocket ID2 Scanner, a device that detects trace amounts of illegal substances. In preparation for its launch, CDEX signed a distribution agreement with Lifeloc Technologies, a leading supplier of breath alcohol testers, to sell the Pocket ID2. The company expects to begin production in December 2010. CDEX’s product specializes in detecting illegal drugs, in particular methamphetamine. Studies by the National Survey on Drug Use and Health have estimated that Crystal Meth addiction is now the largest illegal drug pandemic gripping the nation. The results of a survey conducted in 2007 by…

WednesdayNov 10, 2010 9:20 am

Maverick Minerals Corp. (MVRM.OB) Contractor Completes Drill Site Construction

Maverick Minerals Corp. announced yesterday that their Texas based contractor has completed drill site construction in preparation for the drilling of the Company's Initial Test Well later this month. Maverick contracted for the provision of location services at their drill site in Fort Bend County, Texas. The construction of location services included widening of an existing 2,000 foot access road and foundational re-enforcement with crushed limestone. Contractors also constructed the requisite drilling pad of approximately 1.5 acres in anticipation of rig mobilization. The Company has negotiated a turn-key drilling contract with a major Texas based drilling company for their initial…

WednesdayNov 10, 2010 9:01 am

Uranium Energy Corp. (UEC) Announces Initiation of Major Drilling Program at Salvo Project

Uranium Energy Corp. was pleased to announce this morning that the company has commenced a drilling program at its 100%-controlled Salvo Project in Bee County, Texas. The purpose of this initiative is to verify the historic resource as well as expand on the resource by drilling new areas of mineralization. The exploration drill plan has been split into two phases, each utilizing two rigs. The first phase will consist of approximately 50 holes, plus 5 core holes, which the company expects, with favorable results, will culminate in an updated NI 43-101 resource estimate being available during the first quarter of…

WednesdayNov 10, 2010 8:52 am

Validian Corp. (VLDI.OB) Announces Sale to U.S. Regional IT Company

Yesterday, Validian Corp. announced the sale of its Validian Protect product to an anonymous U.S. based IT/Accounting Services company. Validian Corporation, a producer of technology that provides secure access, storage and transfer of data on wired, wireless and mobile internet, among other data transfer and internet tech and services, has offices in the U.S. and Canada. The company that purchased Validian Protect wishes to remain anonymous due to its work on U.S. Government and corporate IT accounts. They have made an initial payment of $156,000 towards the license fee for the installation of Validian Protect product. Validian expects this initial…

WednesdayNov 10, 2010 8:49 am

GMX Resources Inc. (GMXR) Reports Third Quarter Update

GMX Resources Inc. reported financial results for the third quarter of 2010, along with an operational update on the company’s oil and gas exploration and development activity. GMX Resources Inc. reported net income of $2.2 million, or $0.08 per diluted share, in the third quarter of 2010 ending September 30, 2010. The company reported a net loss of $2.5 million, or $0.12 per diluted share, in the same quarter of 2009. GMX Resources Inc. produced 4.65 billion cubic feet of natural gas equivalents in the third quarter 2010, an 8% sequential increase in production from the 4.31 billion cubic feet…

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