Blog - Page 3831 of 5769

MondayAug 02, 2010 4:37 pm

MagneGas (MNGA.OB) Completes Refinery in China; Remaining Balance of Nearly $2 Million Contract Expected by End of August

MagneGas Corporation announced today that they have completed the MagneGas™ Refinery that was purchased by China partner DDI Industry International. The original announcement of the sale was issued in a press release March of this year and the progress has move forwardly rapidly since. DDI representatives are scheduled to arrive at the MagneGas corporate headquarters in Tampa, FL today to begin testing and training on the unit. Upon successful training and inspection of the System, DDI will assume ownership of the patented Plasma ArchFlow™ Refinery and pay MagneGas the remaining $950,000 balance of the contract. This payment is slated to…

MondayAug 02, 2010 4:35 pm

Divine Skin’s (DSKX.OB) Sigma Skin Brand to Hit Neiman Marcus Stores Nationwide

Divine Skin Inc., developer and distributor of personal-care products to wholesalers, retailers, specialty outlets, spas, salons and medical offices, today announced that its wholly owned Sigma Skin brand, a high-end line of cosmeceuticals for men, will be sold throughout the United States by retailer Neiman Marcus. Sigma Skin’s three-step Hair Regrowth System incorporates Hair Growth Stimulating Shampoo, Minoxidil Topical Spray, and Hair Conditioning Active Ingredient Spray, to combat hair loss through multiple pathways to regrow hair thicker, fuller and faster than any single treatment. Sigma Skin currently sells it hair loss and skin aging products through upscale retailers including Bergdorf…

MondayAug 02, 2010 4:34 pm

GigOptix (GGOX.OB) Secures $200k Grant to Refine its Low-Temp Modulator for Government Supercomputing Applications

GigOptix, www.GigOptix.com – a leading provider of high-performance semiconductor products (electronic/electro-optic) for high speed telecom and data networks, reported securing a $200k R&D grant to customize their 40Gb/s Thin Film Polymer on Silicon (TFPS™) Mach Zehnder (MZ) modulator, the LX8400, for use in current Government Supercomputing programs today, Monday, August 02. With a truly wide ranging suite of devices covering serial and parallel communication technologies from1G to 100G, GGOX is an established provider in the telecom, datacom and datacenter markets, and also offers a powerful selection of mixed-signal and RF ASIC solutions. The proprietary TFPS MZ series of modulators bear…

MondayAug 02, 2010 4:34 pm

Global Earth Energy (GLER.OB) and Aqua Solar Team Up to Dominate Ontario Renewable Energy Market

Global Earth Energy, Inc. (GLER) www.globalearthenergy.com – a leading provider of renewable energy solutions to North American markets via wholly-owned subsidiary, RCI Solar, Inc., reported that RCI signed an affiliate marketing agreement with Ontario, Canada-based Aqua Solar Limited, a premier solar thermal and photovoltaic (PV) developer, today, Monday, August 02. With an established reputation as a leading product and service provider to residential, commercial and industrial sectors throughout NA, the Company offers a sophisticated suite of turnkey solutions and ancillary hardware based on and around three core products: • Solar Domestic Hot Water • Solar Photovoltaic (PV) Panels • AQUA…

MondayAug 02, 2010 4:33 pm

Simulated Environment Concepts (SMEV.PK) Booming In France

Simulated Environment Concepts Inc., makers of the SpaCapsule® self-contained massage and wellness system, reports that its French distributor, Zen & O, may outpace estimated distribution schedules for the 250+ capsule agreement signed at the end of 2009. Zen & O, which had planned on starting slow, initially planned for only 25 of the units, but is already on pace for well over 100 machines by 2011. At the current rate, SEC could realize the total value of its multi-million dollar agreement with Zen & O more than a year earlier than expected. Dr. Ella Frenkel, Chairman and CEO of SEC,…

MondayAug 02, 2010 12:31 pm

WorldGate (WGAT.OB) Elevates Leadership in the Video Telephony Market with Brand New Strategy and Corporate Website

One company that is starting to evolve into a leader with their state-of-the-art technology is WorldGate. Located in Trevose, Pennsylvania, WorldGate was founded in 1996 and has quickly become a leading provider of digital voice and video phone services along with next generation video phones to help unite family and friends whom are spread across the globe. Today, WorldGate made a major announcement that will enhance their future. WorldGate announced to the business world that it will have a brand new corporate strategy as well as the launching of a new website. While WorldGate will remain the holding company for…

MondayAug 02, 2010 12:30 pm

First Internet Bank (FIBP.OB) Launches New Line of Business, Welcomes New Executive

First Internet Bank of Indiana, a subsidiary of First Internet Bancorp, is the first state-chartered, FDIC-insured institution to operate solely via the internet and has customers in all 50 states. It has over $480 million in assets and offers a wide range of financial services. Since its debut in 1999, the company has focused primarily on consumer lending. The acquisition of Landmark Financial Corporation in 2007 added residential mortgage lending to the bank's product offering. The company announced today that it is expanding into commercial lending, with an emphasis on commercial real estate in central Indiana. With this latest endeavor,…

MondayAug 02, 2010 12:29 pm

Baron Energy, Inc. (BROE.OB) is “One to Watch”

Baron Energy is an independent oil and gas production, exploitation, and exploration company. The Company has producing assets in the prolific oil producing Permian Basin of West Texas. Their growth strategy focuses on making accretive property acquisitions in their core operating area. The Company targets properties that have oil production with upside developmental potential. Baron Energy, Inc. has their corporate headquarters in New Braunfels, Texas. They trade on the OTC Bulletin Board. Baron Energy, Inc. owns production that is 99 percent oil, both operated and non-operated. They have working interest ranging from 5 percent to 100 percent in oil and…

MondayAug 02, 2010 8:39 am

Equal Energy Ltd. (EQU) Adjusts 2010 Oil and Gas Capital Budget

Equal Energy Ltd. (EQU) reported that the company was altering its 2010 oil and gas development capital budget to increase the development of several of its core areas in North America. Equal Energy Ltd. is increasing the budget for the development of the Cardium play in Alberta, Canada, and for the Circus Viola oil formation in Oklahoma. The company has already started drilling two horizontal wells at the Alberta project, and plans two more during August 2010. Equal Energy Ltd will support this increased development by deferring drilling on the Hunton project, a liquids rich prospect located in Oklahoma. The…

MondayAug 02, 2010 8:38 am

Kansas City Life Insurance Company (KCLI) Reports Higher Profit in Second Quarter Of 2010

Kansas City Life Insurance Company (KCLI) reported an increase in net income on a year over basis led by strong insurance sales and improving returns in its investment portfolio. Kansas City Life Insurance Company reported net income of $10.1 million or $0.88 per diluted share for the second quarter of 2010, compared to net income of $8.0 million or $0.70 per diluted share in the corresponding quarter last year. Kansas City Life Insurance Company reported sales of $105.9 million for the second quarter of 2010, compared to sales of $101.4 million in the second quarter of 2009. The company reported…

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