Thursday, June 30, 2011

China Botanic Pharmaceutical Inc. (CBP) Receives Patent for Siberian Ginseng Extraction Process

China Botanic Pharmaceutical Inc. is a company on the rise. Located in Harbin, China, this young company has quickly earned a reputation for their research, development, manufacturing, and distribution of botanical products and bio-pharmaceutical products. Today, China Botanic took a major step towards prominence with announcement they have been granted a patent from the State Intellectual Property Office of the People’s Republic of China for its Siberian Ginseng.

The patent is No. ZL200710301682X and will not only protect the Siberian Ginseng (Acanthopanax) but will also protect the resulting Siberian Ginseng extracts and their application will provide market exclusivity for a period of 20 years.

The patent covers a wide variety of possible Siberian Ginseng extraction methods and applications, creating a high barrier to entry for competitors seeking to develop similar Siberian Ginseng products, and, as a result, it confers significant independent intellectual property rights. These medicines are state-of-the-art in that they are powerful new tools in combating depression and senile dementia and have been recognized as “class one new drugs” and “innovative drugs” by the State Food and Drug Administration of China.

Leading the team at China Botanic is Mr. Shaomin Li whom serves as the Chairman and CEO of the evolving company. Li stated, “It is highly gratifying to receive patent protection for our advancements in the treatment of depression using all-natural Siberian Ginseng extracts. With our exclusive access to a large proportion of the Siberian Ginseng resources, and now this important protection for the extracts we obtain from the plant, our methods of preparation and their applications, we feel this is a major step forward. The issuance of this patent will enhance the commercial potential of our Siberian Ginseng applications in China, one of the largest markets for depression therapies, and further strengthen our leading market position.”

Currently, China Botanic is trading in the $0.80 range. To learn more about their new patent and the company as a whole, visit the corporate website at: www.renhuang.com

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Vista Gold Corp. (VGZ) Reports on Australian Drilling Program

Vista Gold Corp. reported the initial results of an exploratory drilling program at the company’s gold property in Australia.

In 2010, Vista Gold initiated a bankable feasibility study at the Mt. Todd project, located in Northern Territory, Australia. The company is investigating whether gold can be produced in commercial quantities from the Batman deposit at the site.

The first phase of this study involved drilling ten holes into the Batman deposit, and obtaining 5,740 meters of samples. The samples were then sent to ALS-Chemex, Genalysis Laboratory Services and North Australia Laboratories for multiple assay tests.

Vista Gold reported that the results of the initial phase confirm the mineralization of the Batman deposit and provide information for future drilling programs at the property. The company said that the results also extend that mineralization to the eastern side of the deposit.

Vista Gold estimates that prior to the recent drilling program, the proven and probable gold reserves present in the Batman deposit was 4.1 million ounces, with measured and indicated gold resources of 1 million ounces.

Vista Gold said that the company is working on a new resource estimate incorporating the results of the recent drilling program and expects to be finished by August 2011.

For more information on the company, go to http://www.vistagold.com

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CUI Global, Inc. (CUGI) Retains Merriman Capital (MERR) to Advance Market Opportunity

CUI Global Inc., a platform company dedicated to the acquisition, development, and commercialization of new, innovative technologies, today announced that Merriman Capital Inc. will head-up CUI’s investment banking strategy and assist the company in up-listing to a national exchange.

William Clough, president and CEO of CUI, said that CUI has achieved significant milestones that have positioned and prepared the company to transform those achievements into greater shareholder value. The company’s first step in advancing its position was engaging professional assistance from Merriman Capital.

“The retention of this nationally recognized investment banking firm, coupled with our recent engagement of the Liolios Group, completes the team necessary to allow the company and its shareholders to step up to a national exchange like the Nasdaq or NYSE-Amex,” Clough stated in the press release.

For CUI, the next steps include broadening its investor base and driving increased exposure to larger financial markets through listing on a national exchange. The company anticipates continued strength driven by new and existing product offerings.

“With release of our Solus™ Topology and the traction we are gaining with our Vergence (GasPT2) device, we anticipate continued revenue growth from our existing product offering as well as from the introduction and commercialization of new and proprietary technologies. With this continued growth, we believe it is time to move CUI Global onto a broader, national platform and further our mission of enhancing shareholder value,” Clough stated. “We continue to believe that a move to a national exchange will allow our shareholders to more easily benefit from our recent and future accomplishments.”

For more information visit www.merrimanco.com

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Attunity Ltd. (ATTUF) Chosen to Provide Real-Time Business Intelligence Solutions for Scalability Experts

Attunity Ltd., a provider of software for real-time data integration and event capture applications worldwide, has announced that it has been chosen by Scalability Experts as a solution partner to deliver affordable, turn-key data integration and BI solutions leverage the award-winning software for data integrations and real-time Change Data Capture (CDC) technology offered by Attunity.

Scalability Experts will be able to further accelerate, simplify, and allow for real-time integration of data in order to increase the performance of its customers’ operations and their return on investment (ROI). Customers in mixed IT environments will be able to benefit from Attunity’s data integration technologies, which include real-time data connectivity, data replication/ CDC and data federation. Scalability’s Experts provides for the cutting-edge implementation and support to complete the solution.

“Our data management expertise spans all leading database platforms, and we choose strong, complementary solution partners, like Attunity, to add value with best-in-class technology,” said Rajinder Gill, Founder and President of Scalability Experts. “Our customers will benefit from being able to drive greater value from their database operations while having a variety of efficient data integration options that enable initiatives including real-time data warehousing, operational business intelligence, MDM, replicating data from one source to another, and synchronizing two or more data sources to ensure data consistency. All is possible through Attunity’s industry-leading CDC and data replication technology.”

Award winning Attunity CDC Suite for SSIS, is a quick, cost-effective, and complete solution for the replication and real-time integration for data from numerous source systems, which utilizes the SQL Server Integration Services (SSIS). Attunity Stream along with CDC Technology offers efficiency in time, cost, and resources, complements the ETL Applications, monitors and transfers the only the data that has been altered on the source systems, and eliminates the need for big bulk-data transfers from one system to next.

“The need to readily access real-time information continues to grow, especially for operational business intelligence and data warehousing,” explained Mel Passarelli, Vice President and General Manager for North America at Attunity. “Customers are working hard to meet these demands and will benefit from the combination of Attunity’s award-winning, easy-to-use technology with the data management and BI solution expertise that Scalability Experts offers.”

For more information on the Company and its products and future endeavors, visit their company website at http://www.scalabilityexperts.com

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GTX Corp. (GTXO) GPS Tracking Apps Crosses Over 1 Million Users

GTX Corp. is a leader in embedded real-time GPS tracking and personal location services. The company today announced that its LOCiMOBILE subsidiary’s GPS Tracking Apps crossed over 1 million downloads with users in 116 countries.

The GPS tracking app is a simple way to stay connected to a child, parent, friend or business associate. Users can quickly and accurately do so from a smartphone or internet ready device like the iPod, iPad or Android tablet, with the touch of a button.

The company pioneered 2-way GPS tracking technology over 9 years ago and defined a whole new category of location-based services by coining the phrase “Personal Location Services”. Over those 9 years, LOCiMOBILE’s 2-way GPS tracking platform has earned a significant increase in awareness and demand. Its tracking apps continue to be on the top charts of iTunes and Android marketplace. This has given GTX a strong foothold in the $13 billion industry.

Looking ahead, GTX is continuing to expand its LOCiMOBILE ‘proximity marketing platform’. It has recently partnered with MyChamberApp.com and launched a deal of the day for Pizza Hut in Longview, Texas. Such initiatives are expected to be a future revenue generator for the company.

For additional information on GTX Corporation, please visit the company’s website at www.gtxcorp.com

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Scorpex, Inc. (SRPX) Takes on Mexico’s Growing Baja Peninsula

In much of Mexico, the rules for waste management are changing, reflecting a growing population, tourism, and industrialization. In an attempt to tighten up waste management regulations, the General Law for Waste Prevention and Waste Integral Management was published in the Official Federal Bulletin for Mexico, and it became clear that additional resources were needed to address Mexico’s most severe waste management problems.

Nowhere is the subject of waste management more relevant than on Mexico’s Baja Peninsula, the long strip of land running 775 miles from the southern border of California south to Cabo San Lucas, dividing the Pacific Ocean from the Gulf of California. The area is a relatively large generator of waste in comparison to other parts of Mexico, as tourists and providers move in to take advantage of incomparable weather, a vast string of magnificent beaches, and a growing resort and hospitality industry. Agricultural waste is also growing, from areas suitable for growing citrus fruits, grapes, and other popular products, and the mining industry continues to develop.

Enter Scorpex, a Nevada-based company taking the necessary steps to build a full service waste disposal and recycling company, including toxic and hazardous waste, to serve the Baja California region of Mexico in the northern half of the peninsula. Scorpex Mexico corporate headquarters are located in Rosarito in Baja California, and the first Scorpex waste processing plant is being developed in nearby Ensenada.

The company has carefully planned and designed the facility, working closely with community representatives and expert consultants, and has complied with all legal and business requests at every level. As a result, the Mexican government has fully endorsed the Scorpex project, and a significant amount of construction has already been completed.

For additional information on Scorpex, visit the company’s website at www.Scorpex.com

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Elite Pharmaceuticals (ELTP) Side-Steps Bankruptcy Threat, Posts Yearly Revenue Increase

Elite Pharmaceuticals Inc., a specialty pharmaceutical company dedicated to developing and commercializing oral controlled release products, today announced results for the fiscal year ended March 31, 2011.

Total revenues increased 28 percent to $4.3 million compared to 2010 total revenues of $3.3 million. The company generated $1.6 million in positive cash flow, compared with negative operating cash flows of $1.4 million last year.

Elite attributes the increases primarily to the manufacture, sale and lab services related to its Lodrane line of products, which were discontinued in April 2011 after the U.S. Food and Drug Administration ordered the removal of hundreds of cough and cold and allergy products, including Lodrane, off the market.

The company reported a loss from operations at $0.9 million for the 2011 fiscal year, compared with a loss from operations of $1.9 million in the prior year.

Elite notes that the operating loss this fiscal year includes $1.4 million in charges stemming from a recent decision by the FDA, which the company said would have a significant negative impact on the company. Elite is appealing these decisions.

GAAP net loss for fiscal 2011 was $13.6 million, or $(0.14) per common share, compared to a GAAP net loss of $8.1 million, or a loss of $(0.11) in the prior year.

Jerry Treppel, chairman and CEO of Elite, emphasized the company’s successful efforts to stave off the threat of bankruptcy.

“I am extremely proud of all the employees at Elite who helped the company complete an astonishing operational turnaround from the verge of bankruptcy to an operating profit. Of course we cannot control the decision-making process of the FDA which has negated much of our hard work. Nonetheless, we have generated other revenue producing opportunities and will continue to do so,” Treppel stated in the press release.

For more information visit http://www.elitepharma.com

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Bio-Solutions Corp. (BISU) Makes New Appointment to Board of Directors

Today, Bio-Solutions Corp. announced that they appointed Mr. Mark S. Solomon to their Board of Directors. Mr. Solomon is a practicing attorney in Fort Lauderdale, Florida. He has more than 32 years of law practice experience. In addition, he sits on both the Florida and Federal Bar Association.

Mr. Solomon will replace Mrs. Ghislaine St-Hilaire, whom, as of May 1, 2011 resigned from the Board as Secretary. Mrs. St-Hilaire will be joining a new start-up company; she will be intimately involved in the daily operations leaving no extra time for Bio-Solutions Board activities.

Gilles Chaumillon, the President and CEO of Bio-Solutions Corp., stated, “I would like to take the opportunity to personally thank Ghislaine. In addition to being on the Board, Mrs. St-Hilaire was also a Founder of Bio-Solutions Corp. Mrs. St-Hilaire will be missed. We at Bio-Solutions wish her good luck in her new endeavor.”

Mr. Solomon stated, “Bio-Solutions is embarking on an aggressive market expansion of its products as well as entering the Durable Medical Equipment (DME) space. DME is a $26 billion dollars marketplace, representing a huge growth potential for Bio-Solutions. I am very excited about the prospect of Bio-Solutions Corp. I look forward to guiding the Company through its growth phase and rightly represent its shareholder interest.”

With headquarters in Mirabel, Qu├ębec, Canada, Bio-Solutions Corp. markets organic products to counter Malaria. The Company’s lead product is GREENEX™. This is an organic insecticide available in solid or liquid form. GREENEX™ neutralizes and eradicates up to 98 percent of the mosquito larvae, within a 24-hour period.

The production of GREENEX™ is from a strain of Bacillus thuringiensis subspecies israelensis (Bti). This naturally occurring bacterium produces a crystalline protein toxin (crystal) and a spore. The larval activity of GREENEX™ formulations and all other Bti formulations is because of the presence of the protein toxin. The spore has no larvicidal activity.

Furthermore, Bio-Solutions Corp. is a biotechnology company specializing in veterinary care and organic dietary supplements for livestock. The Company’s prime objective is to improve the yield in the chain of livestock production based on added value natural products.

The Company’s NutraAnimal™ is an innovative milled supplement. It consists of active ingredients of organic marine source. NutraAnimal™ represents a natural alternative used as a growth promoter.

For more information visit: www.bio-solutionscorp.com

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Callidus Software Inc. (CALD) Partners with Mapping Analytics to Provide a New Paradigm in Sales Performance Management Software/Service

Callidus Software, a top market and tech leader in Sales Performance Management (SPM) via Software-as-a-Service (SaaS) applications, reported today that the Company has officially partnered (signed in Q2) with makers of the revolutionary ProAlign® Sales Territory Alignment and Optimization solution, Mapping Analytics.

Senior VP of Marketing at CALD, Lorna Heynike, laid it all out very clearly, stating that the key to optimal sales performance is the ability to blanket a market and provide total coverage. Heynike asserted that the Mapping Analytics partnership is wholly consistent with this objective as CALD will now be able to vastly extend the Company’s Monaco On Demand SPM suite handsomely, providing exemplary territory management capabilities, enabled by an integrated mapping system for powerful visualization that allows for rapid alignment of territories across multiple regions. Heynike pointed out the immediately obvious benefit to customers, who will get a higher return on investment in their sales force, being able to quickly optimize and map personnel load to vectors like customer concentration, overall workload and sales potential.

The efficiency upgrade this solution enables is remarkable and the partnership makes complete sense from a strategic standpoint. The power of the Mapping Analytics’ ProAlign® Sales Territory Alignment & Optimization Software framework allows a business to map strategic endpoints like company locations, customers, prospects, sales people and just about any other salient target. Basically, they have a solution that dynamically auto-creates balanced solution sets for territories based on a wide variety of inputs, anyone who has ever managed a large sales force can immediately grasp the technical functionality and overall efficiency such a solution provides.

President of Mapping Analytics, Ralph Rothfelder, commented on the partnership and extolled the resultant, which he affirmed benefits both from the superior ProAlign mapping technology and Callidus’ award-winning, full-spectrum sales talent lifecycle solutions.

Because Callidus’ products address the entire lifecycle from onboarding to incentivisation structures, ongoing training/mentoring and user-centric performance optimization, the complete transparency and visibility of the underlying process yields surety of analysis regarding operational and financial performance. This really offers unprecedented capabilities for customers to effectively manage the sales force and to simultaneously focus more on channeling key business objectives in order to maximize sales.

Because the ProAlign solution leverages ESRI ArcGIS®, the world’s top geographic mapping environment and is fully integrated with the Alteryx® geographic business intelligence platform, we get an end product that seamlessly feeds custom data through a dynamic software environment. This environment surpasses all expectations for analytical and report development tasks.

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MobileBits Holdings Corp. (MBIT) to Merge with Pringo

Yesterday, MobileBits Holdings Corp. announced that it had signed a merger agreement with Pringo, Inc., with the assistance of advisory from Rodman & Renshaw LLC, and Siemer & Associates.

MobileBits’ services provide targeted advertising on smartphones through the company’s web and smartphone apps. Pringo, based in Los Angeles, produces a suite of software tools designed to deploy and manage websites, with multilingual portals, CMS, user management and social collaboration tools. Pringo’s clients include Comcast, Square Enix and eHarmony.

This merger allows for the creation of new systems to supply relevant, target advertising and content to smartphone users. Under the terms of the agreement, MobileBits and Pringo shareholders will each own 50% of MobileBits outstanding shares of common stock.

Walter Kostiuk, Chief Executive Officer and Chairman of MobileBits said, “This merger complements, enhances and accelerates our company’s strategic business plan and solidifies our consumer product offerings. In addition, integration of Pringo technology will empower MobileBits to introduce its product offerings into the enterprise sector as well.”

“Pringo’s existing and profitable line of enterprise products, combined with the state-of-the-art mobile technologies offered by MobileBits, will support all enterprises desiring a full end- to-end digital strategy,” added Majid Abai, Chief Executive Officer of Pringo. “This is a fantastic opportunity for both organizations to deliver a unique set of product offerings focused on both consumer and enterprise sectors.”

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HotCloud Mobile, Inc. (HOTM) Announces Plans to Establish Wholly-Owned Subsidiary

Vertically integrated wireless telecommunications company, HotCloud Mobile, Inc., released news today that it is establishing a wholly-owned subsidiary, Stars Wireless, Inc., to build out a multi-channel distribution infrastructure and also manage retail and wholesale channels.

HotCloud will provide its new subsidiary with inventory financing, distribution capital, and multi-channel product distribution. HotCloud will also use its distribution network and historic customer base to promote and market Stars Wireless, Inc.

Mr. David J. Bleeden, CEO of HotCloud Mobile, Inc., remarked, “Stars Wireless will pre-load HotCloud Mobile applications onto its phones, PDAs and tablets, which will allow us to reach every customer who buys equipment directly and indirectly through wholesalers. For every customer that buys a phone from Stars Wireless we’re getting a potential app sale that will generate recurring revenue to HotCloud. For example, when you consider the opportunity that getting a million handsets into consumers’ hands creates, the business model becomes really exciting.”

The subsidiary will work directly with the company’s HotCloudMobile.com direct-to-consumer website.

“We have a wholesale customer list of about 2,000 clients. These are people I have done business with previously, sold branded phones and mobile accessories to and have an established relationship with,” Bleeden said.

He continued, “Our new wholesale subsidiary, Stars Wireless, Inc., will be led by an established industry veteran who brings immense experience and past successes to our organization. We feel that we can move hundreds of thousands of mobile handsets, pre-loaded with our licensed apps, in the first six to nine months. This will form the cornerstone of our equipment business.”

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Verdant Automotive Corp. (VRDT) Announces the Naming of New Chairman of the Board

Verdant Automotive Corp. recently announced the naming of Mr. Graham Norton-Standen as their new Chairman of the Board effective immediately. Possessing an extremely rich background with several top tier organizations, Mr. Norton-Standen is a well-known, well-respected, infrastructure manager and advisor.

Mr. Norton-Standen brings a significant amount of corporate experience to Verdant Automotive Corp. He served as Chairman of the Board, CEO, Board Member, Senior Advisor, Group Advisor, Corporate Advisor and numerous other positions with many of the world’s leading companies and fund managers. These include Gartner, EDS, Digital Equipment Corporation, British Telecom, Hewlett Packard, Unisys, Tata Group, and Cable & Wireless, Deutsche Bank, Reuters, P&O and other organizations.

He also acted as an advisor to a number of government and professional bodies during his tenure in different organizations. These included the European Commission, the World Energy Council, EPRI, the Centre for European Policy Studies and the Governments of Sweden and Australia in the run up to privatization of certain industries.

Furthermore, Mr. Norton-Standen acted as a board member to the United States Trade and Investment Council based in Brussels. He is a Fellow of the Institute of Directors.

Mr. Norton-Standen commented, “I’m very excited to be working with the incredible team at Verdant. After meeting them, seeing their motivation and excitement for the electrification of transportation and hearing their story, I knew I wanted to be a part of this dynamic developing story.”

Mr. Daniel Elliott, Verdant Automotive Corp. CEO, stated, “Graham’s incredible experience and knowledge base in the electric infrastructure space is amazing. As a holding company for clean technology, transportation and infrastructure related ventures and initiatives, Verdant has gained a tremendous value in Mr. Norton-Standen.”

Verdant Automotive Corp. is a holding company for clean technology, transportation and infrastructure. They focus on removing barriers to the electrification of transportation. This is through the development of premier electric vehicles, infrastructure and other supporting technologies.

For more information visit: www.verdantautomotive.com

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Sky Power Solutions Corp. (SPOW) Video Chart for Thursday, June 30, 2011

A look at the 2-year weekly chart of SPOW shows a long-term chart trying to transition from bearish to bullish. The indicators, as well as the candles, are positioned nicely and at key points to make the shift in trend as volume has picked-up exponentially this week.

To view the video chart, visit the following link: http://www.qualitystocks.net/videocharts.php

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Inovio Pharmaceuticals (INO) Prostate Cancer Vaccine Shows Success in Primate Trial

Inovio Pharmaceuticals Inc., a leading developer of therapeutic and preventive vaccines, today announced that its SynCon ™ therapeutic DNA vaccine (INO-5150) for prostate cancer demonstrated positive immune responses in monkeys.

The company said the results support similarly strong, antigen-specific and sustainable T cell levels in previously reported data from earlier animal studies. Inovio said the new data reinforces its plan to a start phase I clinical trial for INO-5150 by the middle of next year.

Dr. J. Joseph Kim, Ph.D., president & CEO of Inovio, emphasized the potential of the vaccine in human models.

“The immune response data achieved by our SynCon™ prostate cancer vaccine in this large animal study is exceptional. It reinforces the repeatedly and consistently strong, long-lasting immune responses achieved by Inovio’s DNA vaccine platform against multiple cancers as well as other diseases,” Dr. Kim stated in the press release. “We are optimistic about the potential of this therapeutic vaccine in our planned prostate cancer human study and broadly speaking for cancers in general, including our currently progressing cervical cancer and leukemia phase II clinical studies.”

Inovio is currently manufacturing clinical grade INO-5150 with the goal of launching its planned phase I study in mid-2012. The company plans on enrolling a total of 148 patients across 25 study centers in the US., Korea, South Africa, Australia and Canada.

Inovio is currently conducting a phase II study for its cervical cancer vaccine. The randomized, placebo controlled, double blind study as designed to evaluate the effects of VGX-3100 treatment on the clearance of moderate or severe cervical intraepithelial neoplasia (CIN 2/3) cervical lesions.

For more information visit www.inovio.com

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Wednesday, June 29, 2011

American Petro-Hunter, Inc. (AAPH) Makes First Sale of Oil to Sunoco from North Oklahoma Project Wells, Projects 130 BPD Production from All...

American Petro-Hunter, Inc. (AAPH) Makes First Sale of Oil to Sunoco from North Oklahoma Project Wells, Projects 130 BPD Production from All Sources and $4.2M Yearly Cash Flow

American Petro-Hunter, the domestic exploration and production company with majority holdings in Kansas and Northern Oklahoma, reported inaugural sales today of production from the Company’s NOM1H and NOS122 wells, located at the North Oklahoma Project.

This sale effectively adds another two producing wells to AAPH’s already strong portfolio and makes a total of four wells, including the No. 1 and NOJ226 wells, at the North Oklahoma Project which are actively producing. With the NOS227 slated to come online and start producing shortly, AAPH is eager to get a running production tally for the end of the month which can be reported to shareholders, showing the total amount of oil sold from the storage tanks at the North Oklahoma Project to majority purchaser for the project, Sunoco.

The initial sale is expected to ship out to Sunoco this July 1 and AAPH is confident that within the next 30 days they will have established a daily net production which is comfortably in the 130 BPD range. That production figure would represent production from the five wells in Oklahoma and the other two producing wells in Kansas, climbing even higher as significant additional barrels and BOE of natural gas are expected to be produced readily once production rates have stabilized and are established for the North Oklahoma wells.

American Petro-Hunter is projecting some $4.2M a year in cash flow based on these production figures and intends to roll the revenue generated back into advancing existing projects and meeting planned development costs. The Company intends to drop another horizontal well and is currently in the final stages of associated planning and scheduling, solidly intent on maximizing production from North Oklahoma acreage.

As indicated, the Company anticipates releasing more concrete production figures very shortly and interested parties can visit the Company’s website to learn more at: www.americanpetrohunter.com

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ProGreen Properties, Inc. (PGEI) Announces Business Update

ProGreen Properties Inc., a company engaged in the business of acquiring, refurbishing, and upgrading residential real estate in the State of Michigan, has recently announced the following business update.

Having established and administered the ProGreen concept in the Company’s wholly owned properties, creating a solid rental record over the course of the previous year, arriving at a 15%+ return, ProGreen is now prepared to move to the next level of property investments.

ProGreen now aims to acquire large-scale multi-family real estate properties and is currently looking at several bank-owned complexes, which range from 67-300 units. ProGreen believes that there is an immediate opportunity to acquire highly distressed multi-family properties in the state of Michigan and in some other areas, where the administration of the ProGreen concept will create a new attraction and aspect to living in an apartment.

ProGreen is also looking into the viability of taking the ProGreen concept a step further in connection with these bigger projects, with the possibility of implementing solar technology along with advanced sustainable eco solutions.

ProGreen has a goal to be able to showcase its first “green” apartment complex, attracting a new crowd of renter, which will appreciate and believe the necessity of green technology in the residential market. The Company believes that this “new” kind of renter, who fully understands the beneficial aspects of living in an eco-friendly home, providing for more comfort and reduced costs for utility, will be growing over the upcoming years.

If ProGreen’s multi-family properties can be at the forefront of this “new wave” of green apartment living, it will create better loyalty from renters, increased occupancy, with corresponding higher returns in rental and in the process increase real estate values.

Even though financing is currently very restricted in the United States, the Company has identified various European investor groups, with whom the company is currently in talks with, to partner up with ProGreen in order to finance these larger scale projects. They are also reviewing other potential real estate lenders in the United States in order to secure the funding that is necessary.

“We are very excited to now be able to focus on bigger projects, vital for our company to be able to create substantial growth. Our experience gained during the past year, has been extremely valuable and will serve as a spring board for larger property investments. We can see the coming two years being a ‘window’ for very good opportunities. In our opinion, timing is now right as we believe the real estate market has now bottomed out and some ‘green shoots’ are starting to show in the real estate market,” says Jan Telander, President & CEO.

For more information on the Company, visit their website: www.progreenproperties.com

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Arista Power, Inc. (ASPW) is “One to Watch”

In the transition to a world of clean, renewable power – solar, wind, etc. – the same problem always seems to crop up without a readily available solution. That problem is how to store the energy produced for later use. After all, the sun isn’t always shining and the wind is always blowing. Energy storage is the “holy grail”, if you will, of the renewable energy industry.

Arista Power, formerly known as WindTamer Systems, has developed a proprietary “Power on Demand” system that consists of a wind turbine, solar panels, power inverters, and specially designed “Smart” delivery battery storage system, all of which are connected together with a ‘mini-smart grid’. In effect, it is a power and storage unit rolled into one.

Each “Power on Demand” system is custom-tailored by the company’s engineers to provide options to blend renewable energy inputs in an efficient manner. The system works to smooth power demand on the grid, especially at peak hours, and lowers electricity costs by about 30% by providing stored power from its battery when a customer’s demand load hits peak levels.

The system has drawn rave reviews and with good reason. Its payback, or return on investment, period can be as low as 2 to 6 years. This compares very favorably with 15 to 20 years for most stand-alone renewable energy systems that do not incorporate the storage technology contained in the “Power on Demand” system.

However, “Power on Demand” is not Arista Power’s only product. It also has the “Mobile Renewable Power Station”. It is intended to replace portable generators in remote locales that currently run on diesel fuel.

This product is already winning orders, not surprisingly, from customers such as the US Army. The Army purchased one of its “Mobile Renewable Power Stations” and is testing it at its Aberdeen Proving Ground in Maryland. The hope is that Arista’s technology will prove satisfactory and therefore be used in far-off battlefields like Afghanistan where lives are lost every day delivering fuel (energy) to frontline locations.

The company also recently announced that the FBI has placed an order for its “Mobile Renewable Power Station”. Arista Power expects many such orders going forward, especially from the military and other government agencies. This is thanks not only to the quality of the product but to its management’s credibility and marketing contacts with the military in particular.

Much of the success going forward with government contacts may depend on Arista Power’s top-flight management team. The team includes former executives and engineers from Ultralife Corporation, a designer and manufacturer of energy storage and communications systems, such as CEO William A. Schmitz, Mark Matthews and Adeeb Saba. Additionally, five other engineers have joined the company from Ultralife.

With two such cutting-edge products – which are already winning customers – Arista Power seems destined for big things in the years ahead. For more information about the company and its unique technology, visit its website at www.aristapower.com

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Conforce International Inc. (CFRI) Launches Commercial Production of Proprietary System in Indiana

Conforce International Inc., operating as a container terminal in Canada, today announced it has initiated commercial production of its proprietary EKO-FLOR™ xts composite trailer floor system at its manufacturing facility in Peru, Indiana.

The company has received initial orders of more than $450,000 from CIMC Vanguard National Trailer Corp.

“CIMC Vanguard has been eagerly awaiting the launch of EKO-FLOR commercial production in Peru, Indiana. We gave Conforce small initial orders earlier this year and plan to build on those orders in the coming months. …,” Charlie Mudd, president of CIMC Vanguard stated in the press release.

Mudd said that as Conforce increases its production capacity in Peru, the company’s sales force will aggressively offer EKO-FLOR to its fleet customers, and noted the product’s impact on the company’s market position.

“EKO-FLOR is lighter, stronger and longer lasting than any other floor available today. We have always been on the front end of new advancements in the industry. Innovations like EKO-FLOR™ allow us to maintain our competitive advantage,” Mudd stated.

Conforce expects to be running at 20 percent of its manufacturing capacity by October 2011, at which time it will have shifted to 24/7 production. Running at full capacity, the facility is capable of generating gross revenue in excess of $12 million monthly.

For more information visit www.conforceintl.com

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Applied DNA Sciences Inc. (APDN) Video Chart for Wednesday, June 29, 2011

APDN is in a very interesting position that deserves some attention as the moving averages are all converging. Support and resistance is defined as the indicators are trying to move into “bull mode,” but they will have to continue their upward movement to fully get there.

To view the video chart, visit the following link: http://www.qualitystocks.net/videocharts.php

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Conforce International Inc. (CFRI) Gives Business Update on Its Operations

Conforce International Inc. is the developer of an innovative composite flooring system known as EKO-FLOR. EKO-FLOR has been engineered to replace the outmoded hardwood flooring currently employed by the transportation industry. It is significantly lighter, stronger and more durable than wood and has already yielded successful platform tests and over-the-road results.

The company today announced that it has started commercial production of its proprietary EKO-FLOR composite floor trailer system at its manufacturing facility in Peru, Indiana. The company will begin 24/5 production from its proprietary manufacturing platform in mid-July. It expects to have built out 20% of its manufacturing capacity by October 2011, by which time it will shift to 24/7 production.

The initial orders received by Conforce for its EKO-FLOR product came from CIMC Vanguard National Trailer Corporation totaling in excess of $450,000. This company plans to have its sales force aggressively market EKO-FLOR to its fleet customers and position it as a standard premium option on all of its trailer lines.

This order is just the beginning for Conforce. It expects broad adoption of EKO-FLOR throughout the industry. It has already had discussions with leading highway truck and trailer manufacturers including Great Dane Trailers, Wabash National, Utility, Fontaine Trailer and Hyundai Translead. At full production, its facility in Peru, Indiana will be capable of generating gross revenue in excess of $12 million per month.

For further information on Conforce International, please visit its website at www.conforceintl.com

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International Stem Cell Corp. (ISCO) Reports Significant Improvement in Subsidiary Product Sales and Customer Base

International Stem Cell Corp., a biotech company focused on therapeutic applications of human parthenogenetic stem cells, today announced that its wholly owned subsidiary Lifeline Cell Technology achieved 35 percent growth in 2011 first-quarter product sales, and gained more than 200 new customers over the year prior.

The company attributes the improvement to more than 30 new product introductions, as well as the development of worldwide distribution channels in Japan, India, Taiwan, South Korea and Singapore.

Lifeline also noted significant progress in its growth strategy, which includes expanding product applications into manufacturing human tissues and cells for clinical use. The company develops, manufactures and markets the Lifeline® brand of cell culture products, and plays a supporting role in ISCO’s long-term strategy to be a leading developer and manufacturer of human cells and human-cell-based products for clinical applications.

Lifeline CEO Jeffrey Janus highlighted the company’s partnership with Cytograft Tissue Engineering, and how it affects ISCO’s business plan.

“… Importantly, we have also moved closer to validating the feasibility of ISCO’s strategic plan as our proprietary FibroLife® media is being used to cultivate tissue-engineered blood vessels for Cytograft Tissue Engineering in Novato, California,” Janus stated.

Lifeline recently moved into new laboratory facilities with cGMP level manufacturing capabilities as it prepares to produce clinical grade products.

For more information visit www.internationalstemcell.com

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BizRocket.com, Inc. (BZRT) Emphasizes Importance of Kid-Safe Social Networking Site

BizRocket.com, Inc. has developed and recently brought online what it calls the safest and most fun pre-teen social networking site available. Not surprisingly, the site, www.KidzRocket.com, is believed to be especially timely and necessary for both kids and their parents, simply because online safety is considered one of the biggest, and yet most difficult to solve, issues that parents now face when raising children. The site was developed to address the now common dangers that pre-teens face when using social networking sites.

One of the major problems is that information kids post on their social networking pages can easily make them vulnerable to predators, as well as cyber-bullying and phishing scams. Phishing comes into play when you or your child receives an email or instant message that appears to be from a government agency, financial institution, Internet Service Provider, or some other trusted organization. The message looks genuine, but is not, and can be used to download viruses or to obtain additional information, leading to various forms of identity theft or worse. Once a system or a name is compromised, it can be exceedingly difficult to repair.

The main page of the KidzRocket site lists specific information that parents need to know about regarding Internet and social networking use by children.

• 71% of adolescents have set up online profiles
• 69% of these adolescents get online personal messages from people they do not know on a regular basis. Even more scarily, most of them do not tell a parent or another trusted adult about it.
• 64% of youth post photos or videos of themselves online, and almost all don’t really think about who might be viewing them. 56% post info about where they live. Nearly 10% have posted their cell phone number online.
• Overall, 19% of adolescents report they have been harassed or bullied online, Girls are more likely to be harassed or bullied than boys.
• Adolescents with parents who have talked to them “a lot” about online safety are less likely to consider going to meet with someone they met on the Internet.

For more information, visit the company’s website at www.BizRocket.com, and their KidzRocket site at www.KidzRocket.com

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MusclePharm Corp. (MSLP) Ensures Product Quality from the Top Down

Every product sold by MusclePharm, a Colorado-based provider of bodybuilding and general fitness supplements, is the result of a lengthy development process, involving the work and input of scientists and medical personnel, along with fitness experts, professional level athletes, and coaches. In addition, the company’s Advisory Board represents a wealth of scientific expertise in the field of nutrition and therapeutics.

• Dr. Eric Serrano is considered one of the leading sports nutrition doctors in the country, with clients that include athletes from the NFL, NHL, and MLB.
• Dr. Roscoe Moore is a former U.S. Assistant Surgeon General, serving for many years at varying levels with the U.S. Department of Health and Human Services.
• Dr. Michael Stevens has over 20 years of diversified healthcare and pharmaceutical industry experience, including 17 years at Bristol-Myers Squibb.
• Dr. Ron Sekura is the former Chief of the Pharmaceutical and Regulatory Affairs Branch of the Division of AIDS at the National Institute of Allergy and Infectious Diseases, at the NIH.
• Dr. Jeffrey Stout is an Associate Professor and Director of the Metabolic and Body Composition Laboratories in the Department of Health and Exercise Science at the University of Oklahoma.
• Mariel Selbovitz is a graduate of Cornell University, and received her Master’s in Public Health at the Johns Hopkins University. Among many other things, she is a partner in BioEquity Partners.
• Louie Simmons is a strength consultant for a number of NFL and college football teams, including the Green Bay Packers and New England Patriots.
• Greg Jackson is a well-known expert in mixed martial arts, and has trained and developed top-ranked fight teams, with several fights appearing on Spike TVs Ultimate Fighter.
• Paul Dillet is one of the most influential bodybuilders in the world, and has been instrumental in creating a new era in fitness and bodybuilding for the everyday athlete.

For additional information on MusclePharm and their products, visit the company’s website at www.MusclePharm.com

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Sky Power Solutions Corp. (SPOW) Declares Energy Independence Day, Releases Video Presentation of Solar Concentrating Generation System

Sky Power Solutions Corp., an emerging leader in the development and marketing of next-generation lithium-powered batteries worldwide, and developer of residential concentrated solar collector power systems, today released a video presentation outlining the reasoning behind and the development of its residential, stand alone, solar concentrating generation system. The video was produced in response to all the positive media and questions that resulted from previous news releases, and to institute celebration of the 4th of July as Energy Independence Day.

“The goal of Sky Power Solutions is to give every energy consumer the opportunity to gain independence from the major power suppliers within their communities, reduce pollution, and help prevent black-outs across the US. We are doing this by providing a solar power generation unit that is environmentally friendly, affordable, compact, and extremely efficient. Every watt produced by solar energy is a watt that has nothing but positive effects on society as a whole,” stated Steven Edelen, Project Development Manager, Sky Power Solutions Corp.

A link to the video as well as the original company press release can be found at the following link: http://www.skypowersolutions.com/press/20110629.html

The residential solar power station will have the ability to reduce the average user’s monthly electric grid consumption by up to 30-40% with zero emissions and a zero carbon footprint using only the power of the sun. The Sky Power Solutions system can be easily installed in most backyards taking less than one third of the space of conventional Solar panels. The entry level price point for a Sky Power Solutions’ Concentrated Solar electric system is anticipated to be $5,000 at release. Fully scalable, multiple units can be combined for increased capacity.

Electric consumption in the U.S. continues to increase while the growth of electric generating capacity is expected to decline significantly after 2012 and remain below 7 gigawatts per year until 2025. Recognizing this, Sky Power Solutions is geared to respond with the development and potential sales of the Residential Stand-Alone, Solar concentrating, electric generation systems for Residential Electric Power Generation to allow end users to generate and return their surplus electric usage back to the grid using “Net-Metering” and the Sky Power System.

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Car Charging Group, Inc. (CCGI) to Celebrate Installation of EV Charging Stations in Union Station Parking Garage

Yesterday, Car Charging Group, Inc. announced that they and the Union Station Parking Garage will conduct an electric vehicle (EV) “plug-in” ceremony on Thursday, June 30, 2011 at 11 a.m. This is to celebrate the installation of EV charging stations in the Union Station Parking Garage. The event will take place on Level 1 of the parking garage. The Union Station Parking Garage is located at 30 Massachusetts Ave. NE, in Washington, D.C. The new charging stations constitute only the fourth public EV charging facility in the D.C. area.

Following a car charging demonstration, attendees will have the opportunity to conduct their own EV test drives. Car Charging Group, Inc. will use an EV for the demonstration and test drives. The two models were purchased recently for the federal fleet as part of a federal initiative to adopt advanced vehicle technologies.

Car Charging Group installed Level II ChargePoint® Networked Charging Station, manufactured by Coulomb Technologies, for EVs at the Union Station Parking Garage. The garage is managed by USPG LLC. USPG is a collaboration of Colonial Parking Inc. and Epark of Washington, D.C. They are two of the leaders in parking in the D.C. region.

Andrew C. Blair, Chairman of USPG, commented, “We are thrilled that our garage has been chosen for this visionary project. It shows that the parking of vehicles can be consistent with energy conservation.”

Michael D. Farkas, CEO of Car Charging Group, Inc., said, “We are excited to celebrate the installation of these charging stations. President Obama has made it a goal to have 1 million electric vehicles on our roads by 2015. These stations, a mere stone’s throw from the Capitol, represent our commitment to ensuring that the President’s goal is achieved.”

Headquartered in Miami Beach, Florida, Car Charging Group, Inc. is an owner and provider of EV charging stations. Their mission is to establish a nationwide infrastructure. This is to enable EV and PHEV owners to charge their EVs anytime, anywhere. The Company began their operations nationally in September of 2009. They are looking to expand their operations internationally.

The Company owns, provides, installs and maintains electric vehicle charging units. They work with their landowner partners to identify appropriate locations for their charging stations. Car Charging Group provides convenient, safe and affordable charging stations away from home in customer-friendly public locations. These locations include municipalities, shopping malls, parking garages, multi family residential and commercial properties.

For more information visit: www.CarCharging.com

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Greenwood Gold Resources Ltd. (GGRI) Acquires Working Interest Option in Mining Property

Greenwood Gold Resources Ltd. announced that the company has purchased a working interest option in a mining property in Canada. The company believes that the property is prospective for gold and copper.

Greenwood Gold Resources purchased a 100% working interest option in the Summer property, a 2,360 acre mining concession located in British Columbia, Canada. The option was purchased from Candorado Operating Company Ltd., an exploration mining company headquartered in West Kelowna, British Columbia.

Greenwood Gold Resources said that the Summer property is located in the Quesnel Trough, a regional depositional belt that runs for hundreds of miles through British Columbia. The Quesnel trough is the source for many of the producing mines in the province.

Greenwood Gold Resources believes that the Summer property has the geology and mineralization that is indicative of a gold and copper deposit.

The agreement requires Greenwood Gold Resources to perform an exploration program at the property at a cost of $350,000. The company has already issued 6,144,975 shares of its common stock to Candorado Operating Company Ltd. and must also pay $150,000 to earn a 40% interest in the property.

For more information on the company, go to www.greenwoodgoldresources.com

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Tuesday, June 28, 2011

E-Waste Systems (EWSI) Announces Agreement to Purchase Computer Systems Solutions/CPU

E-Waste Systems, a leading provider of waste electric and electronic equipment processing services, announced that it has entered a definitive agreement to purchase Laptop Service Center, LLC d/b/a Computer Systems Solutions, a limited liability company based in Pennsylvania (“CSS”), and Surf Investments, Ltd. d/b/a CPU, a full life-cycle mobile computing resource. E-Waste Systems has of recent reorganized its operations to launch the process of creating a market-leading, integrated business in the fast paced Waste Electrical and Electronic Equipment (WEEE) industry, which targets businesses that are facing regulatory or other mandates to handle e-waste.

EWSI expects to acquire a number of high quality companies that possess strong management teams that have a shared commitment to help customers achieve an environmentally responsible and cost-effective compliance with disposal and e-waste recycling requirements. EWSI will be seeking to extend and leverage its customer relationships established by acquisitions through extension of services, applying best practices in professional management, and investing in cutting-edge technology.

Martin Nielson, Chairman & CEO, E-Waste Systems, stated, “We are extremely pleased to be able to announce the signing of this agreement and are honored by the prospects of working with Kimberly Crew of CSS/CPU. We believe the successful completion of this acquisition, along with other growth initiatives we are pursuing, will likely give us the qualifications needed to rapidly expand our global call to action, as well as seek a listing of our common stock on an exchange. We intend to prepare ourselves accordingly.

Kimberly Crew, Founder and CEO, CSS/CPU, commented, “We are very pleased to announce that CSS/CPU has entered into a definitive acquisition agreement with E-Waste Systems, which should provide the combined company, following the successful closing of this transaction, with the opportunity to expand both breadth of services and geographic reach. We are excited by EWSI’s strategy, which is designed to provide end-of-life solutions for managing the electronics reverse logistics pipeline.”

The closing for this agreement is subject to certain conditions, which include but are not limited to: the parties need to obtain certain authorizations, consents, and approvals that are necessary to achieve the transaction; the accuracy of the parties’ representations and warranties; the material performance for all of the obligations and agreements of the parties. The agreement possesses termination rights, which includes the right of either party to terminate the agreement if the closing does not happen by September 23, 2011 (as long as the terminating party has carried out its obligations according to the agreement) and to terminate on a material misrepresentation or a breach by the other party.

For more information on the company, visit their website at: www.ewastesystems.com

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AdCare Health Systems, Inc. (ADK) Inks $38.5M Acquisition in-line with M&A Strategy

AdCare Health Systems, Inc., a leading senior living and healthcare facility management provider, today announced it will acquire, lease or become the manager of 15 skilled nursing facilities in South Carolina, North Carolina, Virginia and Tennessee for $38.5 million, representing the company’s largest acquisition thus far.

Two of the facilities are to be purchased, nine leased, and four managed by AdCare. With an aggregate of nearly 2,000 beds, the facilities generate an estimated $93 million in gross annualized revenues, which are expected to be immediately accretive to AdCare’s earnings upon completion of the transaction in the fall.

Including previously announced transactions, AdCare’s estimated annualized revenue run-rate is anticipated to top $268 million, a more than 400 percent increase over 2010 revenues and an increase of more than 900 percent over revenues in 2009 when the company launched its current M&A campaign.

“This agreement brings the total number of facilities we’ve put under contract to 46 since we began our M&A campaign in the fall of 2009, and is by far our largest transaction to-date,” Chris Brogdon, AdCare’s vice chairman and chief acquisitions officer stated in the press release. “It represents our first entrance into South Carolina, Virginia and Tennessee, and expands our presence in North Carolina. The addition of these facilities is in line with our expansion into the Southeast, and will leverage the support staff we’ve already established in the region.”

The company is also evaluating additional acquisition opportunities in the Midwest and said it will continue to focus on its current M&A plan in the second half of 2011.

For more information visit www.adcarehealth.com

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China Power Equipment, Inc. (CPQQ) Executive Purchases Company’s Stock

China Power Equipment, Inc. designs, manufactures and distributes amorphous alloy transformer cores and amorphous alloy core electricity transformers in China. It does through its wholly-owned subsidiary, An Sen (Xi’an) Power Science & Technology Company Limited, and its affiliated operating company, Xi’an Amorphous Zhongxi Transformer Company Limited.

The company currently manufactures 59 products which deliver much-needed energy efficiency to the Chinese national grid. Its typical transformer consumes 70 percent less electricity to operate (at no load) compared to traditional transformers. Its products also generate fewer pollutants, while retaining more electricity.

China Power Equipment’s growth is currently being driven by the Chinese government’s push to upgrade the country’s infrastructure, including its grid network. Therefore, the company is continuing to invest in growing parts of its business, such as its new transformer production line.

China Power Equipment announced today that Mr. Yongxing Song, chairman and CEO of the company, purchased 123,500 shares of the company’s common stock in open market transactions. These trades occurred on June 24 and June 27, 2011. This is always a strong sign that an executive has faith in his company. Mr. Song stated, “More than ever, I believe in China Power’s continued success.”

For more information on China Power Equipment, please visit the company’s website at www.chinapower-equipment.com.

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Reflect Scientific, Inc. (RSCF) Announces Selection as Preferred Vendor for Chromatography Products

Located in Orem, Utah, Reflect Scientific has quickly made a name for themselves in the marketplace for the marketing and development of innovative and proprietary technologies in cryogenic cooling for biotechnology, pharmaceutical, medical, and transportation markets. Today, Reflect Scientific announced that they were selected as the preferred vendor for OEM chromatography consumables.

Leading the way at Reflect Scientific is Mr. Kim Boyce who serves as the company’s CEO. Mr. Boyce was quoted as saying, “We are very pleased that Reflect has been selected as the preferred vendor for gas chromatography liners. This further strengthens our relationship with our customer which will likely result in future opportunities to supply products.”

Currently, Reflect Scientific is trading in the $0.11 range. With this press release and an array of positive occurrences, Reflect Scientific is a company worth putting on radar.

To learn more about the company as a whole, visit their corporate website at: www.reflectscientific.com

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PolyMet Mining Corp. (PLM) Featured by TinyGems

PolyMet Mining Corp. controls 100% of the NorthMet copper-nickel-precious metals ore body through a long-term lease and owns 100% of the Erie Plant, a large processing facility set only six miles from the ore body, in the established mining district of the Mesabi Range. With the Definitive Feasibility Study complete, the company is currently seeking environmental and operating permits to move forward with production initiatives.

The Duluth Complex hosts the NorthMet mineralization. The Complex is a well-known geological formation with large quantities of copper, nickel, cobalt, platinum, palladium and gold, and lies in northeastern Minnesota. The Minnesota Department of Natural Resources has estimated that the Duluth Complex contains approximately 4.4 billion tons of mineral resources grading at 0.66% copper and 0.20% nickel.

Using open pit mining techniques traditional on the Mesabi Iron Range, PolyMet intends to mine ore containing copper, nickel, cobalt, platinum, palladium and gold. Using modern processing techniques to recover these metals, which are used in everyday products such as electrical wiring, automobile emission controls and medical applications, the company anticipates mining approximately 32,000 tons of ore per day.

PolyMet Mining recently announced its financial results for the twelve months ended January 31, 2011. Although the company reported a loss for the year, it was significantly lower compared to the same period a year earlier. With cash and cash equivalents of $10.361 million as of last report, the company is well funded with an additional $20 million to be raised through the sale of 10 million shares to Glencore AG.

If you would like sign up for the TinyGems Monthly Newsletter and discover new, undiscovered small-cap companies, visit www.tinygems.net

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Portage Resources Inc. (POTG) Signs Deal to Purchase Peruvian Mining Property

Portage Resources Inc. reported that the company has signed an agreement to acquire a mining property in South America. The company plans to conduct an exploratory drilling program at the site in the near future.

Portage Resources is purchasing the Wukakuy property from Airon Peru S.A.C. in exchange for 20 million shares of the company’s common stock. The company signed a letter of intent to purchase the properties on June 18, 2011.

The Wukakuy property totals approximately 1,482 acres and is located in the Putina District in the southern portion of Peru. The property comprises two separate mining concessions – Wukakuy and Wukakuy Uno.

Portage Resources said that the company conducted extensive due diligence on the property prior to signing the agreement. The company is targeting various minerals that are present in carbonate and clastic sediment deposits dating from both the Carboniferous and Permian periods.

Portage Resources reported that the Wukakuy property has estimated reserve potential of approximately 58 million ounces of silver. This estimate is based on a review of the geological reports and the resources are located in the Bonanza Cuerpo and Caprichosa Manto zones on the property.

Portage Resources plans to conduct an exploratory drilling program due to favorable geology, geochemical anomalies and the presence of mineralization.

For more information on the company, go to www.portageresourcesinc.com

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Sinovac Biotech (SVA) Commences Timely Phase II Clinical Trial for EV71 Vaccine Candidate

Sinovac Biotech Ltd., a leading provider of biopharmaceutical products in China, today announced it has initiated the phase II clinical trial for its proprietary inactivated vaccine against Hand, Foot and Mouth Disease (HFMD), which is caused by EV71.

More than 90 percent of the reported cases of HFMD are reported in children age five and under. Though the disease is common and generally mild in severity, the company notes that in severe cases, HFMD is associated with neurological symptoms caused by EV71.

In the company’s phase I trial, completed in May 2011, the company’s EV71 vaccine demonstrated good safety and tolerance; preliminary immunogenicity study results show the vaccine as an inducer of good immune responses.

The purpose of the phase II clinical trial is to determine the dosage level through the evaluation of the immunogenicity and the safety level of different dosages of Sinovac’s EV71 vaccine candidate. This data will serve as the reference data for phase III clinical trial.

Dr. Weidong Yin, chairman, president & CEO of Sinovac noted said the company is on schedule to move forward with the phase II clinical trial, which is expected to be complete this year. Sinovac is also focusing on its pipeline of other vaccine candidates.

“We are on track to complete the phase II clinical trial within the next six months and expected to commence the phase III clinical trial before the HFMD outbreak season anticipated in the spring of 2012 to assess the efficacy of the vaccine candidate within the expanded population,” Dr. Yin stated in the press release. “At the same time, our R&D team is advancing other vaccine candidates ongoing as planned. The deep pipeline should drive the future commercialization opportunity as we aim to provide high quality vaccine products to children both in China and around the globe.”

For more information visit www.sinovac.com

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AdCare Health Systems, Inc. (ADK) Secures 15 Expert Nursing Facilities in US Southeast, Projects $268M Annualized Run-Rate, Up 400% from 2010

AdCare Health Systems, one of the leading care providers in the senior living and health care facility management, announced today signature of a definitive $38.5M agreement, whereby ADK will acquire, lease and become manager of a 15 location network of nursing facilities, staffed with highly skilled personnel.

Located in Tennessee, Virginia and both Carolinas, this network of facilities represents some 2k beds and brings the total number of contract facilities under the Company’s control to 46. Impressive work by ADK, which began its mergers and acquisitions campaign back in the fall of 2009, subsequently amassing a small empire and culminating in this milestone purchase, the largest to date in the Company’s history. Of the facilities included in the agreement, two will be purchased outrightly while the remainder will be leased, with four of the facilities being directly managed by the Company.

Vice Chairman and Chief Acquisitions Officer for ADK, Chris Brogdon, illustrated how this move significantly expands the Company’s footprint in North Carolina and provides ready access to parallel markets in South Carolina, Virginia and Tennessee. Brogdon also explained that this expansion into the larger Southeastern US would benefit in terms of mobilization and overall logistical efficiency.

When this move is taken into account alongside the sum of all other extant and current transactions, ADK’s estimated annualized revenue run-rate is projected to exceed $268M, a 400% jump from 2010 figures and up more than 900% over 2009 revenues when the M&A campaign kicked off. ADK Shareholders understand these figures are a direct result of the Company’s overall model and direction, anticipating increased returns as the baby boomer generation continues to matriculate into the senior care market.

An upcoming conference call by ADK focusing on this transaction and hosted by the Company’s management will feature a Q&A session at the end, details of which are available at ADK’s website: www.adcarehealth.com

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Tivus, Inc. (TIVU) Moving from the Lab to the Market

Tivus is a unique and expanding hotel/hospitality industry technology company, providing feature-rich Internet-based television and cable programming, along with advanced hotel goods and services communication, even interactive games. The Tivus offering represents a completely integrated IPTV solution, combining television and the Web through unmatched IPTV/HDTV service, including Video-On-Demand.

The system uses onsite hardware and software, together with ultra-modern flat screen televisions, to give guests a hotel entertainment experience like no other. Broadband connectivity to the Internet is through a proprietary Tivus Network Operations Center, which allows Tivus to monitor, protect, and track each customer transaction, maximizing user security while minimizing hotel liability risks.

Most importantly, for the first time the hotel’s entertainment system becomes a multi-faceted platform for generating revenue through targeted commercial advertising of things like local tourist services, hotel promotions, or virtually any product that can benefit from exposure to a focused upscale market. What has traditionally been considered a necessary financial burden can now be a growing income source. The opportunities are endless because the system is designed to be scalable. In addition, the Tivus Advertiser Revenue Sharing Program makes moving up to this profitable and highly differentiating system eminently affordable.

Recently, Tivus began Phase II development of its new high-definition (HD) Internet-protocol television (IPTV) in-room entertainment system with Host Hotels & Resorts, subsequent to successfully testing its core ad-insertion technology. Host Hotels & Resorts, Inc. is an S&P 500 and Fortune 500 company with properties throughout the U.S. and the world. It is recognized as one of the largest owners of luxury and upscale hotels, including Four Seasons, Hilton, Marriott, Ritz-Carlton, Sheraton, Westin, and many others.

For more information, visit the company’s website at www.Tivus.com

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Tri-Tech (TRIT) Secures $20M Contract for Expansion of Water Treatment Plant in China

Tri-Tech Holding Ind., a China-based water treatment and odor/pollution control company, today announced it has been awarded the contract for the expansion phase of the water treatment plant for the City of Ordos, valued at approximately $20 million. This phase is a follow up to the initial contract the company received in 2010.

Tri-Tech co-president Gavin Cheng noted that adverse winter weather conditions slowed the company’s construction efforts for the initial phase, which are now 70 percent complete. Cheng said the company’s ability to utilize its technology and project managers to combat the conditions earned the company the expansion phase of the project.

“We were very pleased to be awarded the expansion contract after our ongoing success with the initial phase construction … Following the completion of the initial and expansion phases, the Ordos plant will be the world’s largest treatment facility that uses ultra filtration and nano-filtration membrane technology …,” Tri-Tech CEO Warren Zhao stated in the press release.

The terms of the contract of expansion phase call for Tri-Tech to provide services of design optimization, procurement, installation, startup and commissioning, owner’s personnel training, operation and maintenance manual preparation of water treatment plant, and other services as needed.

China is ridden with heavily polluted water sources, which has prompted the Chinese government to issue new drinking water standards to be effective 2012.

“National policy places great emphasis on upgrading China’s water infrastructure. We believe this policy presents a huge market opportunity for our company. The Ordos water treatment plant project will be a highly visible example of our ability to execute large projects, deploy market resources and capital and implement innovative technology,” Zhao stated.

Tri-Tech co-president Phil Fan emphasized the importance of improved wastewater treatment to meet new drinking water standards in China and abroad.

“There is an urgent need for conventional water plants to be upgraded and to enhance wastewater treatment and reduce pollutant emissions, gradually reaching new drinking water standards in the country. Tri-Tech is continuously researching new and advanced membrane technology, disinfection technology, online monitoring technology, zero emission technologies and seawater utilization technology both in China and abroad,” Fan stated. “We have begun earnest cooperation with the manufacturers and research institutions and we are continuously driving the implementation of the latest and most sophisticated water and wastewater treatment technology for domestic municipal and industrial applications.”

Please visit http://www.tri-tech.cn for more information

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Greenwood Gold Resources, Inc. (GGRI) Purchases 100% Working Interest Option from Candorado Ltd.

On Monday, Greenwood Gold Resources, Inc. announced that they purchased a 100 percent working interest option from Candorado Ltd. in Calgary Alberta. The property is located in the Quesnel Terrane. The exploration target is an Alkalic copper-gold porphyry deposit. This will give Greenwood Gold Resources, Inc. a start in the mining and metal industry.

The 955 hectares Summer property is approximately 20 kilometers east of Lac La Hache, in the Cariboo region of south central British Columbia, Canada. The property area is within a portion of the Quesnel Trough, an Upper Triassic to Jurassic volcanic arc sequence. The geology, alteration and mineralization on the Summer property suggest it has a porphyry related copper/gold system underlain. There is potential to develop a porphyry copper/gold or skarn deposit.

Greenwood Gold Resources, Inc. (for the first part of the option agreement) is required to complete a $350,000 exploration program and pay $150,000 cash to the company in order to earn a 40 percent interest within 6 months of the option date. Greenwood is planning for an updated technical report and ongoing geophysical, geochemical surveys and drilling.

Headquartered in Palm City, Florida, Greenwood Gold Resources is a junior exploration company that lists on the OTC Bulletin Board. They focus on exploration for gold and other valuable minerals deposits in Canada and United States as well as acquiring, developing and joint venturing with other junior or major gold mining companies with properties within North America.

The Company has developed a set strategy to acquiring gold and other valuable mining properties following several key investment criteria. Greenwood Gold Resources will look for assets ranging from grass roots exploration to near production. They will look to have a balanced portfolio of properties across this spectrum to maximize returns while also reducing risk.

For more information visit: www.greenwoodgoldresources.com

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