Blog - Page 4267 of 5774

FridayMay 29, 2009 6:41 am

Shermen WSC Acquisition Corp. (SACQ.OB) Acquires the Westway Bulk Liquid Storage and Liquid Animal Feed Supplement Businesses of ED&F Man Holdings Ltd.

Shermen WSC Acquisition Corp., a special-purpose acquisition company, announced today that it has completed the acquisition of the Westway bulk liquid storage and liquid animal supplement businesses of ED&F Man Holdings Limited. The company also announced that it has changed its name to Westway Group, Inc. Shermen (now known as Westway Group, Inc.) looks forward to setting a record date in the next several days for the previously announced $1.00 per share special dividend payable to each holder of its common stock as of the record date. Peter Harding, Chief Executive Officer, stated, “The management of Westway are very excited…

FridayMay 29, 2009 6:09 am

Kraig Biocraft Laboratories, Inc. (KBLB.OB) Announces Issuance of Stock Dividend

Kraig Biocraft Laboratories, Inc. was pleased to announce this morning that it has successfully issued its stock dividend. CEO Kim K. Thompson stated, “The issuance of the dividend has been in the planning for some time and has been an important part of the Company's plan for returning value to our shareholders. Just as important, we believe that the issuance has laid the groundwork for the Company's long term future.” He continued, “The input we have received from our shareholders throughout this process has been and continues to be overwhelmingly positive. We are also very excited about the progress in…

FridayMay 29, 2009 5:51 am

Energtek, Inc. (EGTK.PK) Foresees Increased Natural Gas Activities in India

Energtek Inc., a world leader in the development of Adsorbed Natural Gas (ANG) technology, announced this morning that rebounding oil prices and additional Natural Gas (NG) production capacity will increase the potential of its Indian subsidiary to generate significant revenues. Earlier this month, the company stated it expects the subsidiary to report initial revenues during the final quarter of this year. The Center for Monitoring Indian Economy (CMIE) anticipates NG production in India will increase by more than 60 percent in the coming year. "In 2009-10, we expect domestic natural gas output to grow by a robust 60.5 per cent…

FridayMay 29, 2009 5:20 am

Aquentium, Inc. (AQNM.OB) Introduces Non-Chemical Sanitation System

Aquentium, Inc. recently announced the company's new mobile non-chemical sanitation system, The Aquentium MOS-1, designed to eliminate or reduce bacteria and viruses in hospitals, restaurants, hotels, schools and food and beverage processing plants. "Our MOS-1 system utilizes ozone which replaces the need for chemicals and is the natural way to sanitize surfaces and food products. Ozone gas (O3) can be generated by passing high voltage electricity through oxygenated air, causing oxygen to break apart and recombine in the tri-atomic form," stated Aquentium President Mark Taggatz, "We expect that our cost -effective mobile sanitizing system will be of great benefit to…

FridayMay 29, 2009 5:05 am

Explorations Group, Inc. (EXGI.OB) Appoints Robert McCann as New President and CEO

Explorations Group, Inc., a provider of biometrically based security solutions, recently announced the appointment of Robert E. McCann III as their new President and CEO. Upon the appointment of Mr. McCann, the company's previous President, David Coriaty, became their Executive Chairman. From January 2008 to May 2009, Mr. McCann served as Chairman and Chief Executive Officer of Revolution Forward Consulting Group, a business transformation consulting company. Prior to that position, McCann worked on Wall Street for 14 years as a licensed broker, Investment Advisor Representative, and General Securities Principal. Additionally, Mr. McCann served as a Board Member of a NASDAQ…

FridayMay 29, 2009 4:54 am

IR BioSciences Holdings, Inc. (IRBS.OB) Subsidiary Announces IND Submission for Homspera® for the Treatment of Idiopathic Pulmonary Fibrosis

ImmuneRegen BioSciences, a development-stage biotechnology company and a wholly owned subsidiary of IR BioSciences Holdings, Inc. (IRBS.OB), announced the company’s submission of an Investigational New Drug Application (IND) to the U.S. Food and Drug Administration (FDA) to begin human clinical testing of Homspera® for the treatment of Idiopathic Pulmonary Fibrosis. Currently afflicting 5 million people worldwide and killing 40,000 people annually, Idiopathic Pulmonary Fibrosis is a progressive interstitial lung disease characterized by scarring of lung tissue and over time prevents the lung from effectively transferring oxygen into the bloodstream. Homspera® is an adult stem cell active compound that has shown…

ThursdayMay 28, 2009 1:16 pm

Wataire International, Inc. (WTAR.OB) is “One to Watch”

Wataire International, Inc. is a development stage company with corporate headquarters in Woodland Hills, California. They engage in the marketing and distribution of commercial and home/office atmospheric water generation machines in the United States. Trading on NASDAQ's OTCBB, the Company is part of the Diversified Machinery industry in the Industrial Goods sector. Wataire's target customers include businesses, governments, and people situated in the humid tropics around the world. The Company also owns intellectual property relating to a water treatment process and devices for water-from-air machines. Wataire International has identified high-potential applications for Atmospheric Water Generators (AWGs) in 10 different markets.…

ThursdayMay 28, 2009 12:25 pm

Suspect Detection Systems Inc.’s (SDSS.OB) COGITO Technology is at the Forefront of Home Land Security and Defense

Suspect Detection Systems Inc. (SDSS.OB) develops various technology solutions for homeland security, military intelligence and law enforcement. The company was created by former Israeli security officials and experts who use their combined knowledge and intelligence of counter-terrorism gained in Israel and other parts of the world to develop security technologies. One of the company’s first products is COGITO, a fully automated system used to scope out various settings and scenarios to identify malicious activity or intent. This innovative system works on its own, without human control or operation, to conduct interrogations that might otherwise take hundreds of man-hours. COGITO uses…

ThursdayMay 28, 2009 10:20 am

BWI Holdings, Inc. (BWIH.OB) Reports Profitable Period Despite Economy

BWI Holdings, Inc., the small but growing Canadian based waste collection and processing company, has shown a remarkable ability to generate profit in spite of one of the worst economic downturns in memory. While many far larger companies have been scrambling just to remain in business, BWI continues to make money, moving forward toward its goal of becoming the #1 waste solution partner in North America. One of the obvious strengths of the company is the simple fact that people require basic waste collection even in bad times. But commercial and industrial operations have been cutting back and closing their…

ThursdayMay 28, 2009 10:07 am

UpTurn Inc. (UPTR.PK): Social Networking and the Real Estate Market

The UpTurn Inc. is developing an innovative online real estate matchmaking exchange and social networking site where real estate market participants are matched with each other, based on their individual profiles and intended roles in the market. The company's site serves would-be buyers and sellers, real estate professionals, and others. The UpTurn was started by M.I.T. Sloan Business School graduate Jeff Eckman. Mr. Eckman founded Blue Green Ventures in 2008 after 15 years of experience in the technology, media, and healthcare industries. This groundbreaking venture – The UpTurn – has established a Web 2.0 real estate business model. The company…

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