Located in Scottsdale, Arizona, TASER has quickly gained a reputation as a global provider of safety technologies that protect life, prevent conflict, and resolve disputes. Today, TASER took a major step towards prominence with the announcement that the Chandler Police Department in Arizona purchased the new TASER X2 electronic control device (ECD) for all of its patrol officers.
TASER CEO Rick Smith commented, “With this purchase, Chandler PD becomes one of the largest deployments of the TASER X2 in Arizona. Taking advantage of our limited-time trade in program provided Chandler an economical means to upgrade all its officers form the TASER X26 to the new TASER X2.”
The order was received from the ProFoce Law Enforcement, a long-time TASER ECD law enforcement distributor for the Western United States. The TASER trade-in program is a special opportunity for law enforcement agencies to upgrade to the latest field-proven TASER ECD technology. Through December 31, 2011, agencies will receive for any ECD, functioning or not, a $300 per unit trade-in credit towards the purchase of a new TASER X2.
Currently, TASER is trading in the $6.04 range. With this breaking news and an array of technology within their corporate pipeline, TASER International, Inc. is a company on the rise.
To learn more about this company as a whole, visit their corporate website at: www.taser.com
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Wednesday, November 30, 2011
DNA Brands (DNAX) posts Q3, Nine-month Financial Results and Business Highlights
DNA Brands Inc., producers of DNA Energy Drinks® and DNA Meat Snacks, today announced its financial results for the three and nine months ended Sept. 30, 2011.
The company reported revenues of $467,337 for the third quarter of 2011, a significant increase compared to revenues of $165,151 reported for the comparable quarter of 2010. Nine-month revenues for the period ended Sept. 30, 2011, were $1.15 million, a 22 percent increase over revenues in the same period of 2010.
Loss per share for the third quarter of 2011 was $(0.02) compared to a loss of $(0.08) for the third quarter of last year. For the nine-month period ended Sept. 30, 2011, the company reported a loss per share of $(0.08) compared to a loss of $(0.25) for the comparable nine months of the year prior.
DNA Brands highlighted achievements over the last year, noting that gross margins have increased to 46.1 percent compared to 32.0 percent in the first quarter of 2011.
The company introduced its DNA Diet CRANRAZBERRY, as well as a new taco flavored meat product this year, and entered into a new promotional agreement with the Miami Dolphins. It also expanded its retail distribution to include more than 800 Walgreens locations.
“We continue to make significant progress in expanding the DNA brand, increasing revenues, improving gross margins while at the same time carefully managing expenses and our liquidity. We remain focused on our objective of attaining profitable operations and on increasing shareholder value,” Darren Marks, DNA’s CEO stated in the press release.
Mel Leiner, DNA’s executive vice president, summarized recent expansion efforts and what the company anticipates moving through 2012.
“During 2011 we have expanded our presence in Florida and geographically to include California and Wisconsin. We are very excited by the results achieved last quarter while only commanding 10 percent of the points-of-distribution (POD) available to us,” Leiner stated. “We are confident that our goal of 50 percent plus POD penetration will be achieved in 2012. Our long term goal is for DNA to be a national brand. Our intermediate goal is to replicate the Florida program in 10 markets with similar demographics as Florida by 2014. Additionally, I am encouraged by our progress and response of first time and ongoing users of DNA products.”
For more information, visit www.dnabrandsusa.com
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The company reported revenues of $467,337 for the third quarter of 2011, a significant increase compared to revenues of $165,151 reported for the comparable quarter of 2010. Nine-month revenues for the period ended Sept. 30, 2011, were $1.15 million, a 22 percent increase over revenues in the same period of 2010.
Loss per share for the third quarter of 2011 was $(0.02) compared to a loss of $(0.08) for the third quarter of last year. For the nine-month period ended Sept. 30, 2011, the company reported a loss per share of $(0.08) compared to a loss of $(0.25) for the comparable nine months of the year prior.
DNA Brands highlighted achievements over the last year, noting that gross margins have increased to 46.1 percent compared to 32.0 percent in the first quarter of 2011.
The company introduced its DNA Diet CRANRAZBERRY, as well as a new taco flavored meat product this year, and entered into a new promotional agreement with the Miami Dolphins. It also expanded its retail distribution to include more than 800 Walgreens locations.
“We continue to make significant progress in expanding the DNA brand, increasing revenues, improving gross margins while at the same time carefully managing expenses and our liquidity. We remain focused on our objective of attaining profitable operations and on increasing shareholder value,” Darren Marks, DNA’s CEO stated in the press release.
Mel Leiner, DNA’s executive vice president, summarized recent expansion efforts and what the company anticipates moving through 2012.
“During 2011 we have expanded our presence in Florida and geographically to include California and Wisconsin. We are very excited by the results achieved last quarter while only commanding 10 percent of the points-of-distribution (POD) available to us,” Leiner stated. “We are confident that our goal of 50 percent plus POD penetration will be achieved in 2012. Our long term goal is for DNA to be a national brand. Our intermediate goal is to replicate the Florida program in 10 markets with similar demographics as Florida by 2014. Additionally, I am encouraged by our progress and response of first time and ongoing users of DNA products.”
For more information, visit www.dnabrandsusa.com
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Cytori Therapeutics (CYTX) Celution® One System Granted European CE Mark Approval
Cytori Therapeutics Inc., a company that engages in the development, manufacture, and sale of medical products and devices to enable the practice of regenerative medicine, has announced that its Celution® One System, the next generation device of the Company’s Celution® platform, has been granted European CE Mark approval. Celution® One has been designed specifically for the hospital as a platform device with potential life-critical applications across numerous specialties. The Celution® platform is a GMP-compliant technology that extracts and concentrates the patient’s very own stem and progenitor cells from adipose, or fat, at the point-of-care.
The Celution® One System is intended for hospital-based usage with key improvements, which include: greater cell yield, increased efficiencies and versatility of potential treatments, and increased range of processing volumes and faster processing times. Also, it has new features for an improved ease-of-use.
“Approval of Celution® One in Europe is an important achievement that lays the foundation for further growth in the European hospital market,” said Christopher J. Calhoun, Chief Executive Officer of Cytori. “In addition to offering the device to hospitals in Europe, we are using the Celution® One in our pivotal heart attack trial, ADVANCE, with the goal of seeking expanded market access through broader indications-for-use and subsequent reimbursement applications.”
Cytori Therapeutics, Inc. engages in the development, manufacture, and sale of medical products and devices to enable the practice of regenerative medicine. Regenerative medicines focus upon repairing or restoring lost or damaged tissue and cell function. Its main products include the Celution family of products, which processes patients’ adipose-derived stem and regenerative cells (ADRCs) at the point of care. The Celution family of products are made up of a central device, a related single-use consumable used for each patient procedure, proprietary enzyme reagents, and related instrumentation. Its core product, the Celution System, offers physicians with clinical grade stem and regenerative cells for use in the cosmetic and reconstructive surgery market.
For more information on the company, visit their website at www.cytoritx.com
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The Celution® One System is intended for hospital-based usage with key improvements, which include: greater cell yield, increased efficiencies and versatility of potential treatments, and increased range of processing volumes and faster processing times. Also, it has new features for an improved ease-of-use.
“Approval of Celution® One in Europe is an important achievement that lays the foundation for further growth in the European hospital market,” said Christopher J. Calhoun, Chief Executive Officer of Cytori. “In addition to offering the device to hospitals in Europe, we are using the Celution® One in our pivotal heart attack trial, ADVANCE, with the goal of seeking expanded market access through broader indications-for-use and subsequent reimbursement applications.”
Cytori Therapeutics, Inc. engages in the development, manufacture, and sale of medical products and devices to enable the practice of regenerative medicine. Regenerative medicines focus upon repairing or restoring lost or damaged tissue and cell function. Its main products include the Celution family of products, which processes patients’ adipose-derived stem and regenerative cells (ADRCs) at the point of care. The Celution family of products are made up of a central device, a related single-use consumable used for each patient procedure, proprietary enzyme reagents, and related instrumentation. Its core product, the Celution System, offers physicians with clinical grade stem and regenerative cells for use in the cosmetic and reconstructive surgery market.
For more information on the company, visit their website at www.cytoritx.com
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Quepasa Corp. (QPSA) Video Chart for Wednesday, November 30, 2011
After forming a quick double bottom, QPSA has held a new higher low. Support is firm in the area of $3.50 and the chart has substantial upside to the next strong resistance at $5.
To view the video chart, visit the following link: http://www.qualitystocks.net/videocharts
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TiVUS, Inc. (TIVU) Meets Demand for Hotel TV Advertising; Commences Sales Initiative
TiVUS, Inc. just announced that its advertising team has begun marketing more than 5,500, 15-second commercial slots to local advertisers. These slots are available on all the top-rated, most popular cable TV channels through the utilization of the company’s high-definition (HD) internet-protocol television (IPTV) with ad-insertion platform.
“Although traditional television advertising aggregators do need a rough minimum of about 5000 rooms to make impression-based advertising viable, that does not preclude us from acquiring local advertisers directly,” stated Shiva Prakash, TiVUS’ chief executive officer. “Our ad sales team currently operating in the Northeast is being ‘courted’ by several large advertising/media groups as well as directly marketing to local, ready-to-place advertisers.”
“In other business, our audit is complete and we are currently in the process of preparing all of the necessary documents and filings to both qualify for a higher OTC Markets listing and register our securities with the U.S. Securities and Exchange Commission. I expect all of the appropriate filings to be forthcoming in the very near future,” Prakash concluded.
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“Although traditional television advertising aggregators do need a rough minimum of about 5000 rooms to make impression-based advertising viable, that does not preclude us from acquiring local advertisers directly,” stated Shiva Prakash, TiVUS’ chief executive officer. “Our ad sales team currently operating in the Northeast is being ‘courted’ by several large advertising/media groups as well as directly marketing to local, ready-to-place advertisers.”
“In other business, our audit is complete and we are currently in the process of preparing all of the necessary documents and filings to both qualify for a higher OTC Markets listing and register our securities with the U.S. Securities and Exchange Commission. I expect all of the appropriate filings to be forthcoming in the very near future,” Prakash concluded.
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Strategic American Oil Corp. (SGCA) Strategy Combines Technology and Domestic Reserves
Houston based oil and gas exploration and production company Strategic American Oil leverages 3D seismic data and other technologies to locate and produce oil in new and underexplored domestic locations. But the key to their strategy is the focus on known domestic reserves, including projects in Texas, Louisiana, and Illinois, potential that has become viable over the past several years due to the rise in oil prices. Strategic seeks accretive acquisitions of production, reserves, or other oil/gas companies that have the highest potential.
The company’s multi-tier growth plan includes the following:
• In-house development of salable drilling prospects retaining a carried interest to casing point
• Drilling of offset wells retaining a majority of the working interest
• Development of secondary recovery (waterflood) projects
• Increase production by re-working currently producing or previously producing wells
• Development of proven undeveloped zones (behind pipe) in existing wells.
• Acquiring currently producing oil and gas wells
• Completion of in-house 3D seismic projects and acquisition of 3D data where warranted and available
Strategic plans to continue leasing, drilling, and acquiring projects at various stages of development to increase revenue and grow its core reserves. The company is currently producing oil and gas, plus has proven reserves in Texas and Louisiana.
They recently announced the acquisition of Galveston Bay Energy, generating a significant increase in cash and oil production. An Engineering Report from Ralph E. Davis Associates, Inc. estimates net proved reserves of 979,000 barrels of oil and 13 Bcf (billion cubic feet) of natural gas, which translates to approximately $75.3 million undiscounted, or $54.6 million discounted at 10 percent, in net Proved Reserves.
The company has also leased land positions hosting previously producing wells with the goal of utilizing proven technologies, including Waterflood Recovery, to restart production. Targets have been identified through the use of various databases, including 3D seismic surveys, the Texas Railroad Commission database, and the Illinois Geological Survey.
For additional information, visit www.StrategicAmericanOil.com
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The company’s multi-tier growth plan includes the following:
• In-house development of salable drilling prospects retaining a carried interest to casing point
• Drilling of offset wells retaining a majority of the working interest
• Development of secondary recovery (waterflood) projects
• Increase production by re-working currently producing or previously producing wells
• Development of proven undeveloped zones (behind pipe) in existing wells.
• Acquiring currently producing oil and gas wells
• Completion of in-house 3D seismic projects and acquisition of 3D data where warranted and available
Strategic plans to continue leasing, drilling, and acquiring projects at various stages of development to increase revenue and grow its core reserves. The company is currently producing oil and gas, plus has proven reserves in Texas and Louisiana.
They recently announced the acquisition of Galveston Bay Energy, generating a significant increase in cash and oil production. An Engineering Report from Ralph E. Davis Associates, Inc. estimates net proved reserves of 979,000 barrels of oil and 13 Bcf (billion cubic feet) of natural gas, which translates to approximately $75.3 million undiscounted, or $54.6 million discounted at 10 percent, in net Proved Reserves.
The company has also leased land positions hosting previously producing wells with the goal of utilizing proven technologies, including Waterflood Recovery, to restart production. Targets have been identified through the use of various databases, including 3D seismic surveys, the Texas Railroad Commission database, and the Illinois Geological Survey.
For additional information, visit www.StrategicAmericanOil.com
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GLG Life Tech Corp. (GLGL) Announces Agreement with International Flavors & Fragrances
GLG Life Tech Corp. is a global leader in the supply of high-purity stevia extracts. Stevia is an all-natural, zero calorie sweetener used in food and beverages. The company is involved in all aspects of stevia development, from stevia seeds and plants to distribution of the finished product.
The company announced today the signing of a renewable, five-year product supply agreement with International Flavors & Fragrances for high-purity Rebaudioside C (Reb C) extracts. International Flavors & Fragrances is a global leader in the creation of flavors and fragrances used in a wide variety of consumer products and packaged goods.
The signing of the exclusive agreement by the two companies leverages each company’s strengths to pursue commercialization of Reb C, one of the eleven primary glycosides in the stevia leaf. Reb C has demonstrated its proficiency as a flavor modulator in food and beverage formulations and is expected to provide an exciting market opportunity for both firms.
The chairman and CEO of GLG Life Tech, Dr. Luke Zhang, said, “We are pleased to be working with International Flavors & Fragrances to help develop the market for high purity Reb C.” For further information about GLG Life Tech, please visit the company’s website at www.glglifetech.com
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The company announced today the signing of a renewable, five-year product supply agreement with International Flavors & Fragrances for high-purity Rebaudioside C (Reb C) extracts. International Flavors & Fragrances is a global leader in the creation of flavors and fragrances used in a wide variety of consumer products and packaged goods.
The signing of the exclusive agreement by the two companies leverages each company’s strengths to pursue commercialization of Reb C, one of the eleven primary glycosides in the stevia leaf. Reb C has demonstrated its proficiency as a flavor modulator in food and beverage formulations and is expected to provide an exciting market opportunity for both firms.
The chairman and CEO of GLG Life Tech, Dr. Luke Zhang, said, “We are pleased to be working with International Flavors & Fragrances to help develop the market for high purity Reb C.” For further information about GLG Life Tech, please visit the company’s website at www.glglifetech.com
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Canadian Solar, Inc. (CSIQ) Supplies Solar Modules for Power Plant in Lindenhof Germany
Canadian Solar, Inc., one of the world’s largest solar companies that designs, manufacturers, and delivers solar products, recently announced that is partnering with Berlin-based project company saferay to complete an 8.5 MW power plant in Lindenhof, Germany in the state of Mecklenburg-Vorpommern.
The project, which should be complete in December, is expected to require 36,000 Canadian Solar CS6P-P solar modules. This marks the second large scale collaboration of the two companies in Germany following the successful completion of the Senftenberg II/III 78 MW partial complex in Brandenburg last September.
“We continue to rely on Canadian Solar modules in our projects due to their outstanding quality and performance, and excellent customer service. This makes Canadian Solar a strong partner for us,” said Dr. Marko Schulz, managing director of saferay in a press release. Canadian Solar is known for making reliable solar modules that have a good energy yield.
“This is a showcase partnership for us, where we are able to work with a strong local partner on large scale projects in a strategic geographic market. We look forward to continuing to work with saferay in the future and to providing the high efficiency, high performance modules essential for any successful project,” said Dr Shawn Qu, Chairman and CEO of Canadian Solar in the press statement.
For more information, please visit www.canadiansolar.com
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The project, which should be complete in December, is expected to require 36,000 Canadian Solar CS6P-P solar modules. This marks the second large scale collaboration of the two companies in Germany following the successful completion of the Senftenberg II/III 78 MW partial complex in Brandenburg last September.
“We continue to rely on Canadian Solar modules in our projects due to their outstanding quality and performance, and excellent customer service. This makes Canadian Solar a strong partner for us,” said Dr. Marko Schulz, managing director of saferay in a press release. Canadian Solar is known for making reliable solar modules that have a good energy yield.
“This is a showcase partnership for us, where we are able to work with a strong local partner on large scale projects in a strategic geographic market. We look forward to continuing to work with saferay in the future and to providing the high efficiency, high performance modules essential for any successful project,” said Dr Shawn Qu, Chairman and CEO of Canadian Solar in the press statement.
For more information, please visit www.canadiansolar.com
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China Daqing M & H Petroleum, Inc. (CHDP) Issues 2012 Operations Plan
China Daqing M & H Petroleum, Inc. issued an updated operational plan covering anticipated oil and gas exploration and development activities for 2012. The company plans to drill thirty new wells across its portfolio next year.
China Daqing M & H Petroleum has obtained from Petro China the right to explore and develop oil and gas assets at the Miao 14 Oilfield blocks located in Jilin Province, China. This right expires in 2022 and the company is required to sell all its hydrocarbon output to Petro China.
China Daqing M & H Petroleum estimates that the Miao 14 oilfield block contains 5.4 million tons of proved oil reserves. The company is waiting for the installation of equipment prior to initiating its drill program and anticipates starting in May 2012.
China Daqing M & H Petroleum sold $7 million of crude oil to Petro China in the third quarter of 2011, up from $4.7 million in the comparable quarter of 2010. The company attributed this increase to the addition of thirty new wells and the re completion of nineteen of its existing wells.
China Daqing M & H Petroleum plans to drill thirty new wells in 2012, and this level of activity will increase the company’s well count to 151 producing wells.
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China Daqing M & H Petroleum has obtained from Petro China the right to explore and develop oil and gas assets at the Miao 14 Oilfield blocks located in Jilin Province, China. This right expires in 2022 and the company is required to sell all its hydrocarbon output to Petro China.
China Daqing M & H Petroleum estimates that the Miao 14 oilfield block contains 5.4 million tons of proved oil reserves. The company is waiting for the installation of equipment prior to initiating its drill program and anticipates starting in May 2012.
China Daqing M & H Petroleum sold $7 million of crude oil to Petro China in the third quarter of 2011, up from $4.7 million in the comparable quarter of 2010. The company attributed this increase to the addition of thirty new wells and the re completion of nineteen of its existing wells.
China Daqing M & H Petroleum plans to drill thirty new wells in 2012, and this level of activity will increase the company’s well count to 151 producing wells.
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Vantage Health (VNTH) Tanzanian Subsidiary Awarded “Lots”
Yesterday, Vantage Health announced that the Company’s 51 percent owned Tanzanian subsidiary, Vantage Health Tanzania Limited (VHTL), was awarded Lot 1, Lot 2, and Lot 3 of the University of Dar es Salaam (University) pharmaceutical and medical supply tender number PA/011/G/2011/2012/2 (tender, contract) on October 24, 2011.
The contract value for Lot 1, Lot 2, and Lot 3 combined is TZS1,410,318,142.00, or the approximate equivalent of US$829,598 at current exchange rates, and covers the period November 1, 2011 to September 30, 2012. The first delivery to the University against an initial Purchase Order and offset against the full tender value was successfully made by VHTL on Friday, November 18, 2011.
Dr. Lisa Ramakrishnan, President and CEO of Vantage Health, said, “Further to our previous press release on September 15, 2011 wherein the Company announced it had submitted bids on two separate Tanzanian tenders, one of which was to supply the University of Dar es Salaam, I am pleased to inform shareholders that we have won 100 percent of the University contract. This tender award is the catalyst that changes our 51 percent owned Tanzanian subsidiary from a concept, to a revenue generating entity. While we are very pleased that VHTL has been awarded the entire University tender, we await the adjudication of the Company’s Tanzanian Medical Stores Department tender submission, which decision should be made on or prior to December 2nd, 2011.”
Dr. Ramakrishnan continued, “In the meantime, we shall continue to submit further applications for Tanzanian government healthcare tenders, and remain confident that our competitive position in the Tanzanian healthcare space will significantly improve the revenue stream to VHTL, with meaningful profit margins and by extension, increased value to our U.S. Company’s shareholders. In addition to this news, and after our meeting with the Tanzanian government Minister for Health and Social Welfare at his office on November 15, 2011, at which we continued to refine the terms of a partnership agreement between the government of the United Republic of Tanzania and the Company, we believe the outlook for our long term presence in the Tanzanian healthcare sector is positive, and should contribute substantial value to the Company over time. In the interim, and alongside our efforts in Tanzania, we continue to build relationships with other sub-Saharan governments with a view to adding both scale and value to the Company, across the southern African region.”
Vantage Health is a company recently incorporated and public since February 2011. Their goal is providing healthcare related products and services in sub Saharan Africa. The Company is a health care products and medical consumables supply company focusing on building their core supply business via government and local partnerships, and alleviating the burden of HIV/AIDS and disease on the African continent.
Currently, Vantage Health has two subsidiaries, Moxisign (PTY) Ltd., a South African entity 49 percent owned by Kopano Ke Matla Investment Company, the investment arm of the Congress of South African Trade Unions (COSATU), and Vantage Health Tanzania Limited, 49 percent owned by Tanzanian investors. Vantage Health’s intention is to create a healthcare company with a dominant presence in sub Saharan Africa in the pharmaceutical/medical supply and manufacturing sectors, as well as the construction of hospitals, maternal obstetric units, and clinics.
For more information visit: www.vantagehealthgroup.com
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The contract value for Lot 1, Lot 2, and Lot 3 combined is TZS1,410,318,142.00, or the approximate equivalent of US$829,598 at current exchange rates, and covers the period November 1, 2011 to September 30, 2012. The first delivery to the University against an initial Purchase Order and offset against the full tender value was successfully made by VHTL on Friday, November 18, 2011.
Dr. Lisa Ramakrishnan, President and CEO of Vantage Health, said, “Further to our previous press release on September 15, 2011 wherein the Company announced it had submitted bids on two separate Tanzanian tenders, one of which was to supply the University of Dar es Salaam, I am pleased to inform shareholders that we have won 100 percent of the University contract. This tender award is the catalyst that changes our 51 percent owned Tanzanian subsidiary from a concept, to a revenue generating entity. While we are very pleased that VHTL has been awarded the entire University tender, we await the adjudication of the Company’s Tanzanian Medical Stores Department tender submission, which decision should be made on or prior to December 2nd, 2011.”
Dr. Ramakrishnan continued, “In the meantime, we shall continue to submit further applications for Tanzanian government healthcare tenders, and remain confident that our competitive position in the Tanzanian healthcare space will significantly improve the revenue stream to VHTL, with meaningful profit margins and by extension, increased value to our U.S. Company’s shareholders. In addition to this news, and after our meeting with the Tanzanian government Minister for Health and Social Welfare at his office on November 15, 2011, at which we continued to refine the terms of a partnership agreement between the government of the United Republic of Tanzania and the Company, we believe the outlook for our long term presence in the Tanzanian healthcare sector is positive, and should contribute substantial value to the Company over time. In the interim, and alongside our efforts in Tanzania, we continue to build relationships with other sub-Saharan governments with a view to adding both scale and value to the Company, across the southern African region.”
Vantage Health is a company recently incorporated and public since February 2011. Their goal is providing healthcare related products and services in sub Saharan Africa. The Company is a health care products and medical consumables supply company focusing on building their core supply business via government and local partnerships, and alleviating the burden of HIV/AIDS and disease on the African continent.
Currently, Vantage Health has two subsidiaries, Moxisign (PTY) Ltd., a South African entity 49 percent owned by Kopano Ke Matla Investment Company, the investment arm of the Congress of South African Trade Unions (COSATU), and Vantage Health Tanzania Limited, 49 percent owned by Tanzanian investors. Vantage Health’s intention is to create a healthcare company with a dominant presence in sub Saharan Africa in the pharmaceutical/medical supply and manufacturing sectors, as well as the construction of hospitals, maternal obstetric units, and clinics.
For more information visit: www.vantagehealthgroup.com
About QualityStocks:
QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. We offer several ways for investors to learn more about investing in these companies as well as find and evaluate them.
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Tuesday, November 29, 2011
NYTEX Energy (NYTE) Q3, Nine Months Revenue Exceeds Previous Forecasts
Energy holding company NYTEX Holdings Inc. today announced its unaudited financial results for the three and nine-month periods ended September 30, 2011.
The company reported revenue for the third quarter and nine months ended Sept. 30, 2011, at $23.61 million and $64.06 million, respectively, compared to revenue of $440,509 and $682,379, respectively, impacted by the acquisition of Francis Drilling Fluids Ltd. (FDF) in November 2010.
Net loss for the quarter ended Sept. 30, 2011, was $1.46 million, or $(0.06) per share, compared to a net loss of $2.04 million, or $(0.10) per share, for the comparable quarter of 2010. For the nine months ended Sept. 30, 2011, NYTEX reported a net loss of $6.87 million, or $(0.27) per share, compared to a net loss of $2.61 million, or $(0.13) per share, for the prior year nine-month period.
Michael Galvis, NYTEX president and CEO, said the company exceeded its initial projection of revenue of $23.4 million and EBITDA of $2.2 million for the third quarter of 2011 with record quarterly revenues of $23.6 million and EBITDA of $2.4 million. The performance reflects the current and potential strength of the company’s subsidiary, FDF.
“We believe our FDF subsidiary offers the potential to drive continued revenue growth as shale oil plays in North America continue to rely on our products and services to operate their growing portfolio of active rigs,” Galvis stated in the press release. “Given the strength of today’s oil market, the increase of discoverable technically recoverable shale oil resources, and our already strong operational results, we believe we are in a strong position to achieve ongoing top and bottom-line growth.”
NYTEX revised its fourth quarter and 2011 year-end revenue guidance of $24.1 million and $88 million to $21.7 million and $85.8 million, respectively. The company also updated its initial EBITDA projections of $3.5 million for the fourth quarter of 2011 and $8.8 million for the 2011 year-end to $2.4 million and $7.8 million, respectively, based on a decrease in drilling fluid sales and downward pricing pressure in the pneumatic transportation business in South Texas.
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The company reported revenue for the third quarter and nine months ended Sept. 30, 2011, at $23.61 million and $64.06 million, respectively, compared to revenue of $440,509 and $682,379, respectively, impacted by the acquisition of Francis Drilling Fluids Ltd. (FDF) in November 2010.
Net loss for the quarter ended Sept. 30, 2011, was $1.46 million, or $(0.06) per share, compared to a net loss of $2.04 million, or $(0.10) per share, for the comparable quarter of 2010. For the nine months ended Sept. 30, 2011, NYTEX reported a net loss of $6.87 million, or $(0.27) per share, compared to a net loss of $2.61 million, or $(0.13) per share, for the prior year nine-month period.
Michael Galvis, NYTEX president and CEO, said the company exceeded its initial projection of revenue of $23.4 million and EBITDA of $2.2 million for the third quarter of 2011 with record quarterly revenues of $23.6 million and EBITDA of $2.4 million. The performance reflects the current and potential strength of the company’s subsidiary, FDF.
“We believe our FDF subsidiary offers the potential to drive continued revenue growth as shale oil plays in North America continue to rely on our products and services to operate their growing portfolio of active rigs,” Galvis stated in the press release. “Given the strength of today’s oil market, the increase of discoverable technically recoverable shale oil resources, and our already strong operational results, we believe we are in a strong position to achieve ongoing top and bottom-line growth.”
NYTEX revised its fourth quarter and 2011 year-end revenue guidance of $24.1 million and $88 million to $21.7 million and $85.8 million, respectively. The company also updated its initial EBITDA projections of $3.5 million for the fourth quarter of 2011 and $8.8 million for the 2011 year-end to $2.4 million and $7.8 million, respectively, based on a decrease in drilling fluid sales and downward pricing pressure in the pneumatic transportation business in South Texas.
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ARI Network Services Inc. (ARIS) Announces Integration Between FootSteps™ and PartSmart® Solutions
Today, ARI Network Services, a leading provider of technology-enabled business solutions, announced that it has integrated its award-winning FootSteps™ lead management solution with its PartSmart® premier parts lookup software.
ARI identified crucial touch points off of which to base the integration; this gives dealers the opportunity to turn every consumer interaction into a long-term relationship.
“With a simple click of the mouse, dealers can easily capture customer information in FootSteps at the time of a sale or service event, record make and model information, as well as keep track of parts orders and service quotes,” explained Catie Lukas-Ter Horst, Product Manager of eCatalogs at ARI.
Used by more than 50,000 users worldwide, PartSmart offers dealers the broadest and richest library of manufacturer content in the market. The platform is easy to use and aids dealerships in finding the fastest way to the right part on the first try. PartSmart’s Internet Update Service enables users to download and install catalog updates as soon as they become available. It also interfaces with over 90 dealer business management systems.
The FootSteps solution helps users capture and distribute sales opportunities in real time, as well as target and nurture market prospects and customers. Dealers, distributors and manufacturers can build relevant customer relationships and generate more whole goods, parts, accessories and service sales. FootSteps makes it easy for users to track, manage, and report lead management activity. The integration with PartSmart makes it an all-in-one solution with end-to-end automation.
“The integration of FootSteps and PartSmart and the resulting flow of data between these lead management solutions offers dealers a powerful value proposition in that they can now easily automate a consistent and professional series of communications that will keep their brand, products and services at the forefront of their customers’ mind. They can proactively engage targeted customers and suggest seasonal service, recommend or upsell maintenance plans or notify them of special offers and promotions in a highly cost-effective manner,” concluded Lukas-Ter Horst.
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ARI identified crucial touch points off of which to base the integration; this gives dealers the opportunity to turn every consumer interaction into a long-term relationship.
“With a simple click of the mouse, dealers can easily capture customer information in FootSteps at the time of a sale or service event, record make and model information, as well as keep track of parts orders and service quotes,” explained Catie Lukas-Ter Horst, Product Manager of eCatalogs at ARI.
Used by more than 50,000 users worldwide, PartSmart offers dealers the broadest and richest library of manufacturer content in the market. The platform is easy to use and aids dealerships in finding the fastest way to the right part on the first try. PartSmart’s Internet Update Service enables users to download and install catalog updates as soon as they become available. It also interfaces with over 90 dealer business management systems.
The FootSteps solution helps users capture and distribute sales opportunities in real time, as well as target and nurture market prospects and customers. Dealers, distributors and manufacturers can build relevant customer relationships and generate more whole goods, parts, accessories and service sales. FootSteps makes it easy for users to track, manage, and report lead management activity. The integration with PartSmart makes it an all-in-one solution with end-to-end automation.
“The integration of FootSteps and PartSmart and the resulting flow of data between these lead management solutions offers dealers a powerful value proposition in that they can now easily automate a consistent and professional series of communications that will keep their brand, products and services at the forefront of their customers’ mind. They can proactively engage targeted customers and suggest seasonal service, recommend or upsell maintenance plans or notify them of special offers and promotions in a highly cost-effective manner,” concluded Lukas-Ter Horst.
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QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. We offer several ways for investors to learn more about investing in these companies as well as find and evaluate them.
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CUI Global, Inc. (CUGI) Thrusts Open Door to US/Canadian Natural Gas Markets with Canadian Standards Association Safety Certification
CUI Global has made a name for itself acquiring and developing dynamic companies/technologies in key areas. Today the Company announced that its Vergence™ GasPT2 sensor received doorway-opening safety approval and certification from the Canadian Standards Association (CSA). CSA certification is recognized throughout North America as a natural gas industry safety standard.
The Vergence provides natural gas systems with a near real-time direct feedback on physical gas properties using an ISO6976 benchmark to calculate extremely precise measurements of the core end market targets like calorific value, Wobbe index, relative density, compression factor and etc., inferring methane, ethane, propane and nitrogen levels using collected data on carbon dioxide, thermal conductivity and the like.
President and CEO of CUGI, William J. Clough, hailed the news with great enthusiasm, confident of the new market potential for the Vergence, now that the broader North American market and prime parts of Asia are opened up for rapid deployment. A global deployment envelope for the device has opened up, especially when one takes into account the additional, recent certification of Vergence by internationally recognized explosion protected equipment certifier Baseefa.
Clough cited this certification as one of the last hurdles for the device, which, now cleared, opens up a truly massive North American market with copious amounts of natural gas infrastructure in the US/Canada. Moreover, the certification of CSA Group member, CSA International carries considerable weight globally, as the standard set to meet requirements in the US/Canada provides a solid baseline.
The CSA mark is seen on billions of products around the world and CSA International delivers the full force of national agency accreditation by OSHA, ANSI, NVLAP, NES and the SCC (Occupational Safety & Health Administration, American National Standards Institute, National Voluntary Laboratory Accreditation Program, National Evaluation Service and Standards Council of Canada, respectively).
Clough pointed to crucial meetings in the coming weeks with transmission companies, natural gas producers and large natural gas consumers, as well as the provisioning of Vergence test devices, confident that the sprawling NA gas industry will recognize immediately the vast potential of the device for quickly and cheaply delivering accurate measurements of the quality of the gas in the pipe. CUGI should thusly be quite able to extend their successful strategy from Europe to NA and Asian markets, as the market quickly realizes this unique device offers cost effectiveness and situational awareness “simply unavailable using current technology”.
More information on CUI Global, Inc., the certification announcement, or on CUGI’s power platform development subsidiary CUI Inc., please visit the Company’s websites at: www.CUIGlobal.com and www.CUI.com
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The Vergence provides natural gas systems with a near real-time direct feedback on physical gas properties using an ISO6976 benchmark to calculate extremely precise measurements of the core end market targets like calorific value, Wobbe index, relative density, compression factor and etc., inferring methane, ethane, propane and nitrogen levels using collected data on carbon dioxide, thermal conductivity and the like.
President and CEO of CUGI, William J. Clough, hailed the news with great enthusiasm, confident of the new market potential for the Vergence, now that the broader North American market and prime parts of Asia are opened up for rapid deployment. A global deployment envelope for the device has opened up, especially when one takes into account the additional, recent certification of Vergence by internationally recognized explosion protected equipment certifier Baseefa.
Clough cited this certification as one of the last hurdles for the device, which, now cleared, opens up a truly massive North American market with copious amounts of natural gas infrastructure in the US/Canada. Moreover, the certification of CSA Group member, CSA International carries considerable weight globally, as the standard set to meet requirements in the US/Canada provides a solid baseline.
The CSA mark is seen on billions of products around the world and CSA International delivers the full force of national agency accreditation by OSHA, ANSI, NVLAP, NES and the SCC (Occupational Safety & Health Administration, American National Standards Institute, National Voluntary Laboratory Accreditation Program, National Evaluation Service and Standards Council of Canada, respectively).
Clough pointed to crucial meetings in the coming weeks with transmission companies, natural gas producers and large natural gas consumers, as well as the provisioning of Vergence test devices, confident that the sprawling NA gas industry will recognize immediately the vast potential of the device for quickly and cheaply delivering accurate measurements of the quality of the gas in the pipe. CUGI should thusly be quite able to extend their successful strategy from Europe to NA and Asian markets, as the market quickly realizes this unique device offers cost effectiveness and situational awareness “simply unavailable using current technology”.
More information on CUI Global, Inc., the certification announcement, or on CUGI’s power platform development subsidiary CUI Inc., please visit the Company’s websites at: www.CUIGlobal.com and www.CUI.com
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China HGS Real Estate, Inc. (HGSH) Expands with $12.43M Land Purchase
Today, China HGS Real Estate, Inc. announced a continuing expansion into the Shaanxi Province via two new land purchases. The combined total of land purchased is 90,776 square meters, at a cost of $12.43 million. The land is located in downtown Yang County.
China HGS is focused on real estate development, with the goal of constructing apartment buildings in third- and fourth-tier Chinese cities, including multilayer, sub-high-rise and high-rise buildings. China HGS has been ranked the #1 property developer in the Hanzhong, Shaanxi Province from 2007 to 2010 in terms of market share.
Under the terms of the purchase agreement, HGS will make a payment of 60% (including applicable taxes) by December 2, 2011, which will be paid from cash reserves and/or potential loans, with the remainder to be paid by January 20, 2012. HGS is authorized to build residential structures on each parcel of land at a ratio of up to 1.95. The plot ratio is the total gross floor area (GFA) divided by the actual land area. This will result in residential structures with a gross floor area of up to 1.9 million square feet.
Ground breaking on these projects is expected to begin in 2012.
Xiaojun Zhu, CEO of China HGS Real Estate, Inc., said, “With the continuing strong demand we see ahead for residential sales in the southern Shaanxi region, we expect to expand our market leadership there with this high quality land resource, while also expanding our footprint outside the region in other third and fourth tier cities where population growth continues to be spurred by the government. We expect to complete the project planning, design, and approvals for this new project in the near future and break ground in 2012. We fully anticipate this project will make an important contribution to our business going forward and we will provide more detailed updates as we progress.”
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China HGS is focused on real estate development, with the goal of constructing apartment buildings in third- and fourth-tier Chinese cities, including multilayer, sub-high-rise and high-rise buildings. China HGS has been ranked the #1 property developer in the Hanzhong, Shaanxi Province from 2007 to 2010 in terms of market share.
Under the terms of the purchase agreement, HGS will make a payment of 60% (including applicable taxes) by December 2, 2011, which will be paid from cash reserves and/or potential loans, with the remainder to be paid by January 20, 2012. HGS is authorized to build residential structures on each parcel of land at a ratio of up to 1.95. The plot ratio is the total gross floor area (GFA) divided by the actual land area. This will result in residential structures with a gross floor area of up to 1.9 million square feet.
Ground breaking on these projects is expected to begin in 2012.
Xiaojun Zhu, CEO of China HGS Real Estate, Inc., said, “With the continuing strong demand we see ahead for residential sales in the southern Shaanxi region, we expect to expand our market leadership there with this high quality land resource, while also expanding our footprint outside the region in other third and fourth tier cities where population growth continues to be spurred by the government. We expect to complete the project planning, design, and approvals for this new project in the near future and break ground in 2012. We fully anticipate this project will make an important contribution to our business going forward and we will provide more detailed updates as we progress.”
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TiVUS, Inc. (TIVU) Differentiates Itself through Blend of Technologies
TiVUS, an entertainment technology systems provider for the hospitality industry, believes that it stands out in a rapidly growing industry through a number of unique features that maximize the potential of IPTV.
For TiVUS, the principal differentiator is the rich availability of choice: choice of programming, on-screen promotions, style, messaging, and the number of ways hotels can use the new technology to generate revenue. Hotels are given a customizable selection of programming to pass on to guests, with a range of the most popular entertainment content. In addition, the TiVUS HD IPTV service does not levy additional fees to opt-out of adult content or other programming. The TiVUS e-SmarTV uses an integrated set-top box and wireless Internet router in the on-board circuitry to provide all services, and TiVUS Connect gives guests the ability to connect laptops, video game consoles, and even mobile devices through the e-SmarTV.
But perhaps the most important feature for the hotel is that TiVUS allows for the generation of revenue through ad-insertion. TiVUS provides an HD IPTV solution with patented ad-insertion technology that creates new revenue opportunities for hospitality operators. TiVUS’ Solution increases movie revenue and HSIA revenue, along with guest satisfaction. Revenue can be generated through licensing agreements with content providers, and actively through targeted advertising to specific demographics, with special algorithms presenting real-time ad targeting based on user programming selections and preferences.
The company’s ad insertion technology and IPTV platform also reduces system costs through the use of integrated set-top boxes and wireless routers, decreasing up-front equipment requirements. In addition, the future-proof scalable architecture of the system eliminates costly upgrades and maintenance.
For more information, please visit www.Tivus.com
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For TiVUS, the principal differentiator is the rich availability of choice: choice of programming, on-screen promotions, style, messaging, and the number of ways hotels can use the new technology to generate revenue. Hotels are given a customizable selection of programming to pass on to guests, with a range of the most popular entertainment content. In addition, the TiVUS HD IPTV service does not levy additional fees to opt-out of adult content or other programming. The TiVUS e-SmarTV uses an integrated set-top box and wireless Internet router in the on-board circuitry to provide all services, and TiVUS Connect gives guests the ability to connect laptops, video game consoles, and even mobile devices through the e-SmarTV.
But perhaps the most important feature for the hotel is that TiVUS allows for the generation of revenue through ad-insertion. TiVUS provides an HD IPTV solution with patented ad-insertion technology that creates new revenue opportunities for hospitality operators. TiVUS’ Solution increases movie revenue and HSIA revenue, along with guest satisfaction. Revenue can be generated through licensing agreements with content providers, and actively through targeted advertising to specific demographics, with special algorithms presenting real-time ad targeting based on user programming selections and preferences.
The company’s ad insertion technology and IPTV platform also reduces system costs through the use of integrated set-top boxes and wireless routers, decreasing up-front equipment requirements. In addition, the future-proof scalable architecture of the system eliminates costly upgrades and maintenance.
For more information, please visit www.Tivus.com
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eCrypt Technologies, Inc. (ECRY) is “One to Watch”
Trading on the OTCBB, eCrypt Technologies, Inc. provides email encryption and secure file storage using the strongest encryption algorithms available to prevent the theft of data during email transmission and storage. The Company has built a new business model by providing customers with an easy-to-use, secure email platform at a low monthly cost. Incorporated on April 19, 2007 in the state of Colorado, eCrypt has their corporate headquarters in Boulder, Colorado.
The Company’s products include eCrypt Me, eCrypt One On One for BlackBerry smartphones, and File Vault. Businesses and professionals, including lawyers, accountants, financial advisers, and medical practitioners, are using them. eCrypt Me is a web-based platform that allows users to securely access their email and stored documents from anywhere in the world, from any Internet-enabled device. No software undergoes downloading. No special configuration is required. Customers can communicate freely and securely. They don’t have to change their email address. No one, including eCrypt, has access to the sensitive information that is routinely contained in emails, giving the user, control over access to their data.
eCrypt One on One (formerly Mobile Mail Privacy) is an end-to-end, stand alone, and user-friendly email-based conversation privacy software exclusive to the BlackBerry® smartphone. The premium privacy software embeds itself into the device’s operating system to work seamlessly with the built in Inbox application. The intention of eCrypt One on One is for one on one email based conversations without attachments. Encryption to each contact is unique; even if intercepted by another eCrypt One on One user, a message can only be decrypted by the intended recipient’s device. The Company’s File Vault is for storing files securely online.
Today, eCrypt Technologies announced that Company Chairman, Mr. Curt Weldon, former U.S. Congressman and retired Vice Chairman of both the U.S. Homeland Security Committee and the Armed Services Committee, departs today for a two-week international business development trip. Mr. Weldon will meet with top government officials and business leaders in Taiwan, South Korea, China, Turkey, Abu Dhabi, Dubai, Kuwait, and with financiers who manage sovereign wealth funds.
During his meetings with IT, telecom leaders, and manufacturers of smartphones and PDA devices in each market, he will demonstrate to these manufacturers the advantages of building ‘a quick launch key’ into their devices. This will allow the users to launch the eCrypt system quickly and efficiently with the touch of a button. This gives the users a state of the art encryption system that will protect them from online and offline threats.
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The Company’s products include eCrypt Me, eCrypt One On One for BlackBerry smartphones, and File Vault. Businesses and professionals, including lawyers, accountants, financial advisers, and medical practitioners, are using them. eCrypt Me is a web-based platform that allows users to securely access their email and stored documents from anywhere in the world, from any Internet-enabled device. No software undergoes downloading. No special configuration is required. Customers can communicate freely and securely. They don’t have to change their email address. No one, including eCrypt, has access to the sensitive information that is routinely contained in emails, giving the user, control over access to their data.
eCrypt One on One (formerly Mobile Mail Privacy) is an end-to-end, stand alone, and user-friendly email-based conversation privacy software exclusive to the BlackBerry® smartphone. The premium privacy software embeds itself into the device’s operating system to work seamlessly with the built in Inbox application. The intention of eCrypt One on One is for one on one email based conversations without attachments. Encryption to each contact is unique; even if intercepted by another eCrypt One on One user, a message can only be decrypted by the intended recipient’s device. The Company’s File Vault is for storing files securely online.
Today, eCrypt Technologies announced that Company Chairman, Mr. Curt Weldon, former U.S. Congressman and retired Vice Chairman of both the U.S. Homeland Security Committee and the Armed Services Committee, departs today for a two-week international business development trip. Mr. Weldon will meet with top government officials and business leaders in Taiwan, South Korea, China, Turkey, Abu Dhabi, Dubai, Kuwait, and with financiers who manage sovereign wealth funds.
During his meetings with IT, telecom leaders, and manufacturers of smartphones and PDA devices in each market, he will demonstrate to these manufacturers the advantages of building ‘a quick launch key’ into their devices. This will allow the users to launch the eCrypt system quickly and efficiently with the touch of a button. This gives the users a state of the art encryption system that will protect them from online and offline threats.
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RegenoCell Therapeutics, Inc. (RCLL) Spammed Aggressively
We have observed an influx of emails spamming RegenoCell Therapeutics, Inc. from various free email accounts. Investors should be wary of these emails, as they are completely anonymous and violate the CAN-SPAM Act established by the FTC. As of this time, the company has not provided a public comment on the issue.
Stocks to avoid, due diligence, monitoring investments, key terms in investing and other related topics are covered by us in our Market Basics section. Here we give answers to basic questions regarding stock investments for both new and experienced investors. To view our Market Basics page, visit www.basics.qualitystocks.net
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Stocks to avoid, due diligence, monitoring investments, key terms in investing and other related topics are covered by us in our Market Basics section. Here we give answers to basic questions regarding stock investments for both new and experienced investors. To view our Market Basics page, visit www.basics.qualitystocks.net
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FluoroPharma Medical, Inc. (FPMI) Announces Additional Patent Protection in the U.S. and China
Today before the opening bell, FluoroPharma Medical announced that composition of matter patents covering AZPET, the company’s Alzheimer’s Disease agent, have been issued by the U.S. patent office expiring in 2028. FluoroPharma has also been granted patent rights in China for BFPET, its imaging agent for measuring cardiovascular blood flow. The patents will expand the company’s intellectual property protection in these important growth markets where diagnostic imaging is playing an increasingly significant role in the early detection of disease.
FluoroPharma is developing breakthrough diagnostic imaging products that utilize positron emission tomography (PET) technology, a molecular imaging platform that is growing rapidly due to its inherently superior sensitivity and specificity compared to other imaging options. The company’s imaging products will give clinicians the ability to detect and assess pathology before clinical manifestation of diseases.
“There is an urgent need to encourage fast, early diagnostic intervention and to recognize the advantages that early diagnosis entails for both patients and overall economics of healthcare systems around the globe,” stated Dr. David Elmaleh, FluoroPharma’s Chairman of the Board of Directors and inventor of the technology. “Improved patient outcomes and more appropriate treatments are possible if better, earlier diagnoses are made. Our agents harness the power of PET/CT to give this utility.”
“Strong composition of matter patents in both the U.S. and high growth markets like China are very important to the commercial potential for BFPET and AZPET,” commented Thijs Spoor, FluoroPharma’s President and Chief Executive Officer. “China represents one of the most significant sources for growth of PET technology and therefore PET imaging agents. This patent grant along with the others in our growing patent estate should add to the value of FluoroPharma’s technology and be recognized by potential partners.”
In addition to the United States, Europe and China, patents related to FluoroPharma’s portfolio of imaging compounds have been issued in Japan, Canada, Australia, Finland, Portugal, and Ireland.
For more information, see the company website at www.FluoroPharma.com
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FluoroPharma is developing breakthrough diagnostic imaging products that utilize positron emission tomography (PET) technology, a molecular imaging platform that is growing rapidly due to its inherently superior sensitivity and specificity compared to other imaging options. The company’s imaging products will give clinicians the ability to detect and assess pathology before clinical manifestation of diseases.
“There is an urgent need to encourage fast, early diagnostic intervention and to recognize the advantages that early diagnosis entails for both patients and overall economics of healthcare systems around the globe,” stated Dr. David Elmaleh, FluoroPharma’s Chairman of the Board of Directors and inventor of the technology. “Improved patient outcomes and more appropriate treatments are possible if better, earlier diagnoses are made. Our agents harness the power of PET/CT to give this utility.”
“Strong composition of matter patents in both the U.S. and high growth markets like China are very important to the commercial potential for BFPET and AZPET,” commented Thijs Spoor, FluoroPharma’s President and Chief Executive Officer. “China represents one of the most significant sources for growth of PET technology and therefore PET imaging agents. This patent grant along with the others in our growing patent estate should add to the value of FluoroPharma’s technology and be recognized by potential partners.”
In addition to the United States, Europe and China, patents related to FluoroPharma’s portfolio of imaging compounds have been issued in Japan, Canada, Australia, Finland, Portugal, and Ireland.
For more information, see the company website at www.FluoroPharma.com
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Monday, November 28, 2011
Sono Resources Inc. (SRCI) Set to Start Drilling on Bonnyridge Property in Botswana Africa to Test for Presence of Copper and Silver Mineralization
Sono Resources, a mineral exploration company seeking to acquire, explore and develop highly prospective metal projects in Africa, today announced that it has hired local drilling experts from Dewest Drilling to start the reverse circulation drilling program expected to take 4 to 6 weeks to complete on its Bonnyridge Copper/Silver property in Botswana, Africa.
This drilling program will validate the presence of copper and silver mineralization in the targets identified by the high resolution airborne magnetic survey and the conventional geochemical soil surveys. After phase one drilling, the company will move to diamond drilling.
The Bonnyridge property in Botswana is Sono Resources’ core project. It is located within the Kalahari Copper Belt, one of the largest producing copper belts in the world. Botswana has a long history of successful mines coupled with a very favorable mining environment that includes a strong infrastructure with qualified individuals who have worked in the mining industry for decades.
For more information on the drilling in Botswana, please visit www.sonoresourcesinc.com
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This drilling program will validate the presence of copper and silver mineralization in the targets identified by the high resolution airborne magnetic survey and the conventional geochemical soil surveys. After phase one drilling, the company will move to diamond drilling.
The Bonnyridge property in Botswana is Sono Resources’ core project. It is located within the Kalahari Copper Belt, one of the largest producing copper belts in the world. Botswana has a long history of successful mines coupled with a very favorable mining environment that includes a strong infrastructure with qualified individuals who have worked in the mining industry for decades.
For more information on the drilling in Botswana, please visit www.sonoresourcesinc.com
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GenOil, Inc. (GNOLF) Gets Certification for Its Oil-Water Separator
GenOil, Inc. is a Canadian engineering technology company. It offers an array of clean tech petroleum-related technologies, including: water purification, well testing, sand cleaning, oil upgrading and recycling, hydrogen generation centrifuge, carbon reduction and desulfurization.
The company announced today that it has achieved the ABS (American Bureau of Shipping) certification for all models of its Crystal Sea oil water separator. This is in addition to obtaining the U.S. Coast Guard/IMO MEPC 107 49 certification for Crystal 30 and MU 40 of 5 m3/h and 10 m3/h.
Genoil’s Crystal Sea separators are state-of-the-art bilge separators that have been certified by the U.S. Coast Guard in accordance with the International Maritime Organization Resolution MEPC 107 (49). The separators utilize a patented, unique gravity-driven process for multi-stage separation of immiscible phases with different densities.
Crystal Sea separators do not require a filter medium, making it possible for customers to significantly reduce their cost of ownership by eliminating the need to purchase expensive replacement filters required by competing water separation products. The company’s testing of the Separator continues aboard a 2 million barrel VLCC oil tanker.
Genoil has also filed for a license to build upgraders and water treatment facilities in Abu Dhabi as part of its plan to expand its business in the United Arab Emirates. For additional information about Genoil and its clean tech products, please visit the company’s website at www.Genoil.ca
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The company announced today that it has achieved the ABS (American Bureau of Shipping) certification for all models of its Crystal Sea oil water separator. This is in addition to obtaining the U.S. Coast Guard/IMO MEPC 107 49 certification for Crystal 30 and MU 40 of 5 m3/h and 10 m3/h.
Genoil’s Crystal Sea separators are state-of-the-art bilge separators that have been certified by the U.S. Coast Guard in accordance with the International Maritime Organization Resolution MEPC 107 (49). The separators utilize a patented, unique gravity-driven process for multi-stage separation of immiscible phases with different densities.
Crystal Sea separators do not require a filter medium, making it possible for customers to significantly reduce their cost of ownership by eliminating the need to purchase expensive replacement filters required by competing water separation products. The company’s testing of the Separator continues aboard a 2 million barrel VLCC oil tanker.
Genoil has also filed for a license to build upgraders and water treatment facilities in Abu Dhabi as part of its plan to expand its business in the United Arab Emirates. For additional information about Genoil and its clean tech products, please visit the company’s website at www.Genoil.ca
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Sprint Nextel Corp. (S) Video Chart for Monday, November 28, 2011
This stock has lost more than half its value over the last four months and is now sitting near a support level. Long-term indicators are channeling back towards zero and giving hints supporting possible upward movement.
To view the video chart, visit the following link: http://www.qualitystocks.net/videocharts
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Lightbridge Corp. (LTBR) Signs Agreement with Korea Atomic Energy Research Institute for Opportunities in Nuclear Fuel Collaboration
Lightbridge Corp., a company that develops nuclear fuel technology and provides consulting and advisory services worldwide, announced that it has signed a Memorandum of Agreement (MOA) with the Korea Atomic Energy Research Institute (KAERI) to uncover opportunities for nuclear fuel collaboration.
In accordance to the terms of the MOA, Lightbridge and KAERI will be exploring collaborative opportunities in the pre-irradiation examination of the metallic fuel samples designed by Lightbridge, and other areas. As part of the planned loop irradiation experiments in the MIR Research Reactor in Russia and the Advanced Test Reactor located in the U.S., Lightbridge plans to carry out a pre-irradiation examination of metallic fuel samples before they are used in irradiation testing.
“This is an exciting development for Lightbridge as we and KAERI plan to collaborate in a key area,” said Jim Malone, Chief Nuclear Fuel Development Officer of Lightbridge. “KAERI is interested in Lightbridge-designed metallic fuel technology and its potential application to Korean OPR-1000 and APR-1400 reactors.”
KAERI has a distinct history of research and development in numerous nuclear-related fields. The Institute is researching and developing fuel concepts with the objective to reduce the fuel operating temperature and potentially increasing the burn-up. The two companies will be exploring how they will be able to come together and collaborate in order to further enhance Lightbridge’s plans for nuclear fuel testing.
Lightbridge Corp. is a developer of nuclear fuel technology and provides consulting and advisory services worldwide. Its Technology Business Segment operates in the development, promotion, and marketing of nuclear fuel designs for pressurized water reactors. This segment’s fuel products in the development stage include all-metal fuel technology based on a uranium-zirconium alloy; and thorium-based fuel technology that is based on a seed-and-blanket fuel assembly configuration. The company’s Consulting Business Segment provides consulting and strategic advisory services to companies and governments planning to create or expand electricity generation capabilities using nuclear power plants. Lightbridge Corporation has a collaboration agreement with AREVA as well. The company was formerly known as Thorium Power, Ltd. and changed its name to Lightbridge Corporation in September 2009. Lightbridge Corporation was founded in 1992 and is based in McLean, Virginia.
For more information on Lightbridge Corporation, visit http://www.ltbridge.com
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In accordance to the terms of the MOA, Lightbridge and KAERI will be exploring collaborative opportunities in the pre-irradiation examination of the metallic fuel samples designed by Lightbridge, and other areas. As part of the planned loop irradiation experiments in the MIR Research Reactor in Russia and the Advanced Test Reactor located in the U.S., Lightbridge plans to carry out a pre-irradiation examination of metallic fuel samples before they are used in irradiation testing.
“This is an exciting development for Lightbridge as we and KAERI plan to collaborate in a key area,” said Jim Malone, Chief Nuclear Fuel Development Officer of Lightbridge. “KAERI is interested in Lightbridge-designed metallic fuel technology and its potential application to Korean OPR-1000 and APR-1400 reactors.”
KAERI has a distinct history of research and development in numerous nuclear-related fields. The Institute is researching and developing fuel concepts with the objective to reduce the fuel operating temperature and potentially increasing the burn-up. The two companies will be exploring how they will be able to come together and collaborate in order to further enhance Lightbridge’s plans for nuclear fuel testing.
Lightbridge Corp. is a developer of nuclear fuel technology and provides consulting and advisory services worldwide. Its Technology Business Segment operates in the development, promotion, and marketing of nuclear fuel designs for pressurized water reactors. This segment’s fuel products in the development stage include all-metal fuel technology based on a uranium-zirconium alloy; and thorium-based fuel technology that is based on a seed-and-blanket fuel assembly configuration. The company’s Consulting Business Segment provides consulting and strategic advisory services to companies and governments planning to create or expand electricity generation capabilities using nuclear power plants. Lightbridge Corporation has a collaboration agreement with AREVA as well. The company was formerly known as Thorium Power, Ltd. and changed its name to Lightbridge Corporation in September 2009. Lightbridge Corporation was founded in 1992 and is based in McLean, Virginia.
For more information on Lightbridge Corporation, visit http://www.ltbridge.com
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Paragon Report Provides Equity Research on Legend Oil and Gas Limited (LOGL) and Royale Energy, Inc. (ROYL)
The Paragon Report, an independent research portal that provides investors with daily trading ideas and consolidates public information, announced that it has issued its equity research for two key companies in the oil and gas sector. Information released through the Paragon Report regarding Legend Oil and Gas Limited and Royale Energy, Inc. led to an increase in share prices for both companies.
According to the Paragon Report, low gas prices that have persisted for most of 2011 have caused several high profile oil and gas explorers to increase production as oil trades at its highest level relative to gas. While gas output in the US is forecast by the US Energy Department to grow only 2 percent in 2012, it is expected that oil production will be up 4 percent to 5.92 million barrels a day which is the highest amount since 1998.
Legend Oil and Gas, Ltd., a managed risk, oil and gas exploration/exploitation, development and production company, focuses on leases in Canada, southeastern Kansas and northern North Dakota. The company has seen its stock almost double recently as it responded to two defamatory reports written by a short seller regarding its management.
Royale Energy, a company focused on the development, acquisition, exploration and production of natural gas and oil, works in California, Texas, and the Rocky Mountains. Royale saw its stock increase substantially when it made two new natural gas discoveries in its core area.
To read more about what the Paragon Report said regarding these two companies, visit www.paragonreport.com/LOGL or www.paragonreport.com/ROYL
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According to the Paragon Report, low gas prices that have persisted for most of 2011 have caused several high profile oil and gas explorers to increase production as oil trades at its highest level relative to gas. While gas output in the US is forecast by the US Energy Department to grow only 2 percent in 2012, it is expected that oil production will be up 4 percent to 5.92 million barrels a day which is the highest amount since 1998.
Legend Oil and Gas, Ltd., a managed risk, oil and gas exploration/exploitation, development and production company, focuses on leases in Canada, southeastern Kansas and northern North Dakota. The company has seen its stock almost double recently as it responded to two defamatory reports written by a short seller regarding its management.
Royale Energy, a company focused on the development, acquisition, exploration and production of natural gas and oil, works in California, Texas, and the Rocky Mountains. Royale saw its stock increase substantially when it made two new natural gas discoveries in its core area.
To read more about what the Paragon Report said regarding these two companies, visit www.paragonreport.com/LOGL or www.paragonreport.com/ROYL
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Beacon Enterprise Solutions Group, Inc. (BEAC) Bases Success on Focused Strategy and Differentiating Factors
Beacon Enterprise Solutions Group is an emerging global provider of turnkey IT infrastructure solutions, offering design, implementation, and management services to a growing array of companies around the world. Beacon offers companies a comprehensive outsourcing solution, giving them a more cost effective long term option than attempting to handle everything in-house or trying to integrate piecemeal outside resources.
Beacon’s service business strategy is based upon the following:
• A comprehensive service and product set, meaning an integrated and customized solution to all of the financial, operational, and logistical issues common with traditional outsourcing
• Targeted U.S.-based Fortune 1000 and Global 2000 companies, who use English as their primary business language, and who have a need for outsourcing, standardization, or increased control of part or all of their ITS services, as well as global integrators who may depend upon local resources
• Vertical orientation of services, designed to meet specific industrial regulatory and operational requirements
• Service organizations defined as either Technical Business Units (TBU), delivering project-based services, or Vertical Business Units (VBU), delivering contract services and account management
In the marketplace, the company’s primary differentiating factors are:
• Single Point of Contact – Beacon offers a single source solution for regional, national, and global Layer 1 management.
• Standardization – Consolidating network infrastructure management can significantly improve the client’s ability to drive global enterprise standards.
• Consistency and Predictability – Utilizing the Beacon ITS network of services provides predictability and consistency across all of a client’s regions and facilities.
• Global Reach – The company offers technical support, direct field support, material handling, and certified installations, in virtually any location in the world.
• Focus – By outsourcing to Beacon, customers can focus their IT resources on their core business, which can greatly enhance efficiency and productivity throughout the enterprise.
• Cost Savings – By outsourcing to Beacon, customers can reduce their annual infrastructure expenditures by 30% or more.
According to Murphy Analytics, Beacon has delivered 38% year-over-year revenue growth, with 2011 expected to end up being a breakthrough year.
For additional information, visit the company’s website at www.AskBeacon.com
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Beacon’s service business strategy is based upon the following:
• A comprehensive service and product set, meaning an integrated and customized solution to all of the financial, operational, and logistical issues common with traditional outsourcing
• Targeted U.S.-based Fortune 1000 and Global 2000 companies, who use English as their primary business language, and who have a need for outsourcing, standardization, or increased control of part or all of their ITS services, as well as global integrators who may depend upon local resources
• Vertical orientation of services, designed to meet specific industrial regulatory and operational requirements
• Service organizations defined as either Technical Business Units (TBU), delivering project-based services, or Vertical Business Units (VBU), delivering contract services and account management
In the marketplace, the company’s primary differentiating factors are:
• Single Point of Contact – Beacon offers a single source solution for regional, national, and global Layer 1 management.
• Standardization – Consolidating network infrastructure management can significantly improve the client’s ability to drive global enterprise standards.
• Consistency and Predictability – Utilizing the Beacon ITS network of services provides predictability and consistency across all of a client’s regions and facilities.
• Global Reach – The company offers technical support, direct field support, material handling, and certified installations, in virtually any location in the world.
• Focus – By outsourcing to Beacon, customers can focus their IT resources on their core business, which can greatly enhance efficiency and productivity throughout the enterprise.
• Cost Savings – By outsourcing to Beacon, customers can reduce their annual infrastructure expenditures by 30% or more.
According to Murphy Analytics, Beacon has delivered 38% year-over-year revenue growth, with 2011 expected to end up being a breakthrough year.
For additional information, visit the company’s website at www.AskBeacon.com
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Leading Networking Tech Firm Uses Bridgeline (BLIN) Product Suite to Launch New Web Site
Bridgeline Digital Inc., developer of the iAPPS Web experience management (WEM) platform, today announced that a leading U.S.-based networking technology firm has successfully launched a strategic Web initiative using Bridgeline’s award-winning iAPPS Product Suite.
The newly launched site is based on iAPPS solutions, and leverages the content manager, analyzer and marketier modules of the suite to increase the technology firm’s market presence and to drive increased sales and support contracts, and customer satisfaction.
The iAPPS Product Suite is designed as an easy-to-use tool to build awareness and visibility through multi-channel marketing campaigns. iAPPS Marketier features integrated eMarketing tools that allow the user to plan, create and execute marketing campaigns.
iAPPS Analyzer’s “Smart Recommendation Engine” helps the firm track and report on all campaign channels including display, social, paid search and e-mail, along with additional marketing efforts.
Bridgeline highlighted the iAPPS Content Manager’s ease-of-use design, which by using a single dashboard interface, allows for site content to be maintained by users with even minimal technical expertise.
“Content Manager’s characteristic ease-of-use makes every employee a potential publisher, opening the management of site content to as many locations, employees or departments as the customer requires and providing company-wide delegation of content management duties that are targeted at attracting visitors and improving conversion,” the company stated in the press release.
The iAPPS Product Suite was recently selected as a finalist for two 2011 CODiE Awards, and the iAPPS Content Manager was the 2010 CODiE Award Winner for Best Content Management Solution, globally.
For more information visit www.bridgelinedigital.com
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The newly launched site is based on iAPPS solutions, and leverages the content manager, analyzer and marketier modules of the suite to increase the technology firm’s market presence and to drive increased sales and support contracts, and customer satisfaction.
The iAPPS Product Suite is designed as an easy-to-use tool to build awareness and visibility through multi-channel marketing campaigns. iAPPS Marketier features integrated eMarketing tools that allow the user to plan, create and execute marketing campaigns.
iAPPS Analyzer’s “Smart Recommendation Engine” helps the firm track and report on all campaign channels including display, social, paid search and e-mail, along with additional marketing efforts.
Bridgeline highlighted the iAPPS Content Manager’s ease-of-use design, which by using a single dashboard interface, allows for site content to be maintained by users with even minimal technical expertise.
“Content Manager’s characteristic ease-of-use makes every employee a potential publisher, opening the management of site content to as many locations, employees or departments as the customer requires and providing company-wide delegation of content management duties that are targeted at attracting visitors and improving conversion,” the company stated in the press release.
The iAPPS Product Suite was recently selected as a finalist for two 2011 CODiE Awards, and the iAPPS Content Manager was the 2010 CODiE Award Winner for Best Content Management Solution, globally.
For more information visit www.bridgelinedigital.com
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Tekmira Pharmaceuticals (TKMR) Obtains FDA Approval to Initiate TKM-Ebola Phase I Clinical Trial
Located in Vancouver, British Columbia, Tekmira is focused on advancing novel RNAi therapeutics and providing its leading lipid nanoparticle delivery technology to pharmaceutical partners. Today, Tekmira took a major step towards prominence with the announcement that its Investigational New Drug (IND) application for TKM-Ebola has been approved by the United States Food and Drug Administration (FDA) allowing Tekmira to initiate a Phase 1 clinical trial.
Tekmira is developing TKM-Ebola, a systemically delivered RNAi therapeutic that utilizes Tekmira’s lipid nanoparticle (LNP) delivery technology for the treatment of Ebola virus infection. Currently, there are no approved treatments for Ebola or other hemorrhagic fever viruses. With this approval, Tekmira has an opportunity to become a pioneer within the sector.
Leading the way at Tekmira is Dr. Mark J. Murray whom serves as the company’s President and CEO. In reference to this press release, Dr. Murray stated, “We are pleased to have received the FDA’s approval of our TKM-Ebola IND. With this approval, we remain on track to achieve another significant milestone for the company by initiating the Phase 1 clinical trial of this product in early 2012.” Dr. Murray further added, “TKM-Ebola is being developed under a $140 million contract awarded to us by the U.S. Government’s Transformational Medical Technologies (TMT) Program. We look forward to continuing this successful collaboration to drive the TKM-Ebola program forward in clinical development.”
Currently, Tekmira is trading in the in the $1.45 range. To learn more about this press release or the company as a whole, visit the company’s corporate website at www.tekmirapharm.com
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Tekmira is developing TKM-Ebola, a systemically delivered RNAi therapeutic that utilizes Tekmira’s lipid nanoparticle (LNP) delivery technology for the treatment of Ebola virus infection. Currently, there are no approved treatments for Ebola or other hemorrhagic fever viruses. With this approval, Tekmira has an opportunity to become a pioneer within the sector.
Leading the way at Tekmira is Dr. Mark J. Murray whom serves as the company’s President and CEO. In reference to this press release, Dr. Murray stated, “We are pleased to have received the FDA’s approval of our TKM-Ebola IND. With this approval, we remain on track to achieve another significant milestone for the company by initiating the Phase 1 clinical trial of this product in early 2012.” Dr. Murray further added, “TKM-Ebola is being developed under a $140 million contract awarded to us by the U.S. Government’s Transformational Medical Technologies (TMT) Program. We look forward to continuing this successful collaboration to drive the TKM-Ebola program forward in clinical development.”
Currently, Tekmira is trading in the in the $1.45 range. To learn more about this press release or the company as a whole, visit the company’s corporate website at www.tekmirapharm.com
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RegenoCELL Therapeutics, Inc. (RCLL) in Negotiations with Several Potential New Distributors
On Friday, RegenoCELL Therapeutics, Inc. announced that their wholly owned subsidiary Regenocell, Ltd. is in the final stages of negotiations with several potential new distributors. The anticipation is that one or more will finalize by the end of this year and begin purchasing cell-processing services in the near term. This would have a beneficial impact on revenues generated by the cell processing operations.
It is expected that one or more of the new potential distributors will increase patient flow to Regenocell, Ltd., significantly increasing the use of existing capacity. The Company’s stem cell therapy has successfully treated more than 500 patients, since 2005.
The typical patient is suffering from congestive heart failure with no treatment options and three to six months to live. More than five years later, patents initially treated are leading active and fulfilling lives. Less than a half liter of blood undergoes extraction from the patient and is sent to the Company’s subsidiary cell processing facility in Israel. There, the patient’s stem cells are extracted and grown from tens of thousands into many millions. Subsequently, the patient travels to a country that permits autologous therapy and has the stem cells transplanted in a hospital in a catheterization laboratory in a procedure similar to angioplasty.
Headquartered in Natick, Massachusetts, RegenoCELL Therapeutics is a stem cell therapy company using adult stem cells for autologous treatment of patients. Their plan is to obtain regulatory approval in the U.S. and the European Community to market their stem cell treatments. Via their wholly owned foreign subsidiaries, the Company is marketing their stem cell treatments for transplantation in countries where autologous therapy is permitted. The same RegenoCELL adult stem cell treatment can be used to treat peripheral artery disease.
For more information visit: www.regenocell.com
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It is expected that one or more of the new potential distributors will increase patient flow to Regenocell, Ltd., significantly increasing the use of existing capacity. The Company’s stem cell therapy has successfully treated more than 500 patients, since 2005.
The typical patient is suffering from congestive heart failure with no treatment options and three to six months to live. More than five years later, patents initially treated are leading active and fulfilling lives. Less than a half liter of blood undergoes extraction from the patient and is sent to the Company’s subsidiary cell processing facility in Israel. There, the patient’s stem cells are extracted and grown from tens of thousands into many millions. Subsequently, the patient travels to a country that permits autologous therapy and has the stem cells transplanted in a hospital in a catheterization laboratory in a procedure similar to angioplasty.
Headquartered in Natick, Massachusetts, RegenoCELL Therapeutics is a stem cell therapy company using adult stem cells for autologous treatment of patients. Their plan is to obtain regulatory approval in the U.S. and the European Community to market their stem cell treatments. Via their wholly owned foreign subsidiaries, the Company is marketing their stem cell treatments for transplantation in countries where autologous therapy is permitted. The same RegenoCELL adult stem cell treatment can be used to treat peripheral artery disease.
For more information visit: www.regenocell.com
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Friday, November 25, 2011
Amwest Imaging Incorporated (AMWI) Captures Major Expansion with Launch of iPad and iPod Applications
Amwest Imaging Incorporated is a company on the rise. Located in Los Angeles, California, Amwest has started to capture the attention of institutional investors in the technology sector. Today, Amwest took a major step towards prominence when they announced their user base may be expanded by launching iPad and iPod Touch Encryption Applications that applies to the Apple “App” Store.
The application, which is currently pending approval release on Apple’s app store, provides the state-of-the-art ability to utilize peer to powerfully 256 AES encryption for voice calls between iPhone and iPad, and iPad landline users.
Perhaps the most unique feature will be the ability for hundreds of millions of mainstream Skype, AIM, iChat, and other (VOIP) users as well as iPhone users to complete privacy through voice (VOIP) and data encryption.
Fro the small price of $99 USD users can download a version of the ZipClik 256 AES Encryption privacy key software. This will provide a powerful and innovative solution to ensure secure and private conversation.
Leading the way Amwest is Jason Gerteisen whom serves as the company’s CEO. In reference to this press release, Gerteisen stated, “This additional launch of the iPad and iPod touch 256 AES Key Encryption expands our available core customer base one more level to ensure that Zipclik as a division of Amwest continues to capture as much market share of this Multi-Billion Dollar sector of a rapidly growing area as possible.”
Currently, Amwest is trading in the $0.18 range. With this breaking news and an array of technology in place, Amwest is a company on the rise.
To learn more about this press release or the company as a whole, visit their corporate website at: www.amwestimaging.com
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The application, which is currently pending approval release on Apple’s app store, provides the state-of-the-art ability to utilize peer to powerfully 256 AES encryption for voice calls between iPhone and iPad, and iPad landline users.
Perhaps the most unique feature will be the ability for hundreds of millions of mainstream Skype, AIM, iChat, and other (VOIP) users as well as iPhone users to complete privacy through voice (VOIP) and data encryption.
Fro the small price of $99 USD users can download a version of the ZipClik 256 AES Encryption privacy key software. This will provide a powerful and innovative solution to ensure secure and private conversation.
Leading the way Amwest is Jason Gerteisen whom serves as the company’s CEO. In reference to this press release, Gerteisen stated, “This additional launch of the iPad and iPod touch 256 AES Key Encryption expands our available core customer base one more level to ensure that Zipclik as a division of Amwest continues to capture as much market share of this Multi-Billion Dollar sector of a rapidly growing area as possible.”
Currently, Amwest is trading in the $0.18 range. With this breaking news and an array of technology in place, Amwest is a company on the rise.
To learn more about this press release or the company as a whole, visit their corporate website at: www.amwestimaging.com
About QualityStocks:
QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. We offer several ways for investors to learn more about investing in these companies as well as find and evaluate them.
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Integrated Freight Corporation (IFCR) Announces Financial Results for Fiscal Second Quarter For 2011
Integrated Freight Corporation, a motor freight company that works alongside its subsidiaries to provide long haul, regional, and local services, has announced its financial results for its second fiscal quarter and six months ended September 30,2011.
Highlights for the fiscal second quarter and six-month include: Revenue for the second quarter grew 144.7% to $11.8 million; revenue for the six months ended September 30, 2011 experienced an increase of 158.6% to $24.8 million; net cash provided by operating activities for the six months ended September 30, 2011 grew sharply to $946,485, in comparison to the $109,430 seen for the corresponding period last year.
“We achieved strong revenue growth for the second quarter and first half of the year as we better positioned the business for growth,” stated Paul Henley, Chief Executive Officer of Integrated Freight. “Our net cash flow from operations increased significantly to $946,485 in the first half compared to $109,430 in the same period last year. Our strong cash flow from operations will allow us to finance our organic growth as we evaluate strategic acquisitions in our industry. During the first half of the year, we completed the acquisition of Cross Creek Trucking, our fourth subsidiary company, and saw increases in freight revenue and are encouraged by our profitability with Integrated Freight Services, our freight brokerage that we launched in March.”
Second Quarter Fiscal Results
Revenue for the fiscal second quarter, ended September 30, 2011, grew 144.7% to $11.8 million from the $4.8 million seen for the corresponding quarter last year. The growth is mainly due to the acquisition of Cross Creek Trucking, Inc. on April 1,2011, growth seen in freight revenue in correlation with the United State’s economy, and positive effects from the Company’s growing brokerage operations.
Operating expenses for the fiscal second quarter, ended September 30, 2011, increased by 132.5% to $11.8 million, in comparison to $5.1 million for the three months ended September 30, 2010. The increase was less than the increase seen for revenue due to the increase in fuel costs and transaction costs associated with the acquisition of Cross Creek Trucking, along with higher wages, benefits, salaries, and general and administrative costs. Administrative and general costs for the three months ended September 20, 2011 rose by 147% to $1.2 million, in comparison to the $468,902 for the same period last year. Fuel and fuel taxes for the three months ended September 30, 2011, rose by 227.1% to $4.0 million, in comparison to the $1.2 million seen for the three months ended September 30, 2010. Salaries, wages, and benefits rose 188.5% to $3.8 million for the three months ended September 30, 2011, compared to the $1.3 million for the corresponding period a year prior.
The Company has announced a net loss of $1.4 million for the fiscal second quarter ended September 30, 2011, or $0.04 per diluted share. For the three months ended September 30, 2010, a net loss of $301,795, or $0.01 per diluted share, was reported. The increase of $1.1 million was due to the increases in fuel costs, higher expenses in association with the acquisition of Cross Creek Trucking, Inc. and increased interest and operating expenses.
Six Month Results
Revenue for six months ended September 30, 2011 grew by 158.6% to $24.8 million from the $9.6 million reported in the six months ended September 30, 2010. Operating expenses for the six months ended September 30, 2011 experienced an increase of 162.6% to $26.7 million, in comparison to the reported $10.2 million for the six months ended September 30, 2010. Operating loss for the six months ended September 30, 2011 increased to $1.9 million from $566,342 for the six months ended September 30, 2010. The increase was caused by the acquisition of Cross Creek Trucking, Inc. and included $795,000 of transactions costs associated with the acquisition as well as an increase in fuel costs. The Company has reported a net loss of $4.3 million for the six months ended September 30, 2011, or $0.12 per diluted share, in comparison to a net loss of $854,088, or $0.04 per diluted share, for the six months ended September 30, 2010, an increase of $3.4 million.
Financial Conditions
As of September 30, 2011, the Company had no cash nor cash equivalents versus cash and cash equivalents of $54,158 as of March 31, 2011. Total liabilities and stockholders’ deficit was reported at $19.1 million as of September 30, 2011, compared to the total liabilities and stockholders’ deficit of $7.8 million for the period ended March 31, 2011. Net cash provided by operating activities for the six months ended September 30, 2011 was $946,485, in comparison to $109,430 for the six months ended September 30, 2010.
“We are confident about the prospects for our business for the remainder of the year as we execute our growth and integration strategy,” stated Mr. Henley. “We made considerable strides in the first half of the year. We are achieving cost savings and efficiencies through the elimination of overlapping lanes, better customer utilization and lowering our fleet maintenance costs through bulk buying and nationwide service contracts. Our network of subsidiary companies is benefitting from our state-of-the-art trucking technology platform, which is helping us run more efficiently while controlling overhead. We are excited by the growth prospects for our business going forward and see solid opportunities to acquire additional niche trucking players and integrate them into our growing network.”
For more information on the Company, visit: http://www.integrated-freight.com
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Highlights for the fiscal second quarter and six-month include: Revenue for the second quarter grew 144.7% to $11.8 million; revenue for the six months ended September 30, 2011 experienced an increase of 158.6% to $24.8 million; net cash provided by operating activities for the six months ended September 30, 2011 grew sharply to $946,485, in comparison to the $109,430 seen for the corresponding period last year.
“We achieved strong revenue growth for the second quarter and first half of the year as we better positioned the business for growth,” stated Paul Henley, Chief Executive Officer of Integrated Freight. “Our net cash flow from operations increased significantly to $946,485 in the first half compared to $109,430 in the same period last year. Our strong cash flow from operations will allow us to finance our organic growth as we evaluate strategic acquisitions in our industry. During the first half of the year, we completed the acquisition of Cross Creek Trucking, our fourth subsidiary company, and saw increases in freight revenue and are encouraged by our profitability with Integrated Freight Services, our freight brokerage that we launched in March.”
Second Quarter Fiscal Results
Revenue for the fiscal second quarter, ended September 30, 2011, grew 144.7% to $11.8 million from the $4.8 million seen for the corresponding quarter last year. The growth is mainly due to the acquisition of Cross Creek Trucking, Inc. on April 1,2011, growth seen in freight revenue in correlation with the United State’s economy, and positive effects from the Company’s growing brokerage operations.
Operating expenses for the fiscal second quarter, ended September 30, 2011, increased by 132.5% to $11.8 million, in comparison to $5.1 million for the three months ended September 30, 2010. The increase was less than the increase seen for revenue due to the increase in fuel costs and transaction costs associated with the acquisition of Cross Creek Trucking, along with higher wages, benefits, salaries, and general and administrative costs. Administrative and general costs for the three months ended September 20, 2011 rose by 147% to $1.2 million, in comparison to the $468,902 for the same period last year. Fuel and fuel taxes for the three months ended September 30, 2011, rose by 227.1% to $4.0 million, in comparison to the $1.2 million seen for the three months ended September 30, 2010. Salaries, wages, and benefits rose 188.5% to $3.8 million for the three months ended September 30, 2011, compared to the $1.3 million for the corresponding period a year prior.
The Company has announced a net loss of $1.4 million for the fiscal second quarter ended September 30, 2011, or $0.04 per diluted share. For the three months ended September 30, 2010, a net loss of $301,795, or $0.01 per diluted share, was reported. The increase of $1.1 million was due to the increases in fuel costs, higher expenses in association with the acquisition of Cross Creek Trucking, Inc. and increased interest and operating expenses.
Six Month Results
Revenue for six months ended September 30, 2011 grew by 158.6% to $24.8 million from the $9.6 million reported in the six months ended September 30, 2010. Operating expenses for the six months ended September 30, 2011 experienced an increase of 162.6% to $26.7 million, in comparison to the reported $10.2 million for the six months ended September 30, 2010. Operating loss for the six months ended September 30, 2011 increased to $1.9 million from $566,342 for the six months ended September 30, 2010. The increase was caused by the acquisition of Cross Creek Trucking, Inc. and included $795,000 of transactions costs associated with the acquisition as well as an increase in fuel costs. The Company has reported a net loss of $4.3 million for the six months ended September 30, 2011, or $0.12 per diluted share, in comparison to a net loss of $854,088, or $0.04 per diluted share, for the six months ended September 30, 2010, an increase of $3.4 million.
Financial Conditions
As of September 30, 2011, the Company had no cash nor cash equivalents versus cash and cash equivalents of $54,158 as of March 31, 2011. Total liabilities and stockholders’ deficit was reported at $19.1 million as of September 30, 2011, compared to the total liabilities and stockholders’ deficit of $7.8 million for the period ended March 31, 2011. Net cash provided by operating activities for the six months ended September 30, 2011 was $946,485, in comparison to $109,430 for the six months ended September 30, 2010.
“We are confident about the prospects for our business for the remainder of the year as we execute our growth and integration strategy,” stated Mr. Henley. “We made considerable strides in the first half of the year. We are achieving cost savings and efficiencies through the elimination of overlapping lanes, better customer utilization and lowering our fleet maintenance costs through bulk buying and nationwide service contracts. Our network of subsidiary companies is benefitting from our state-of-the-art trucking technology platform, which is helping us run more efficiently while controlling overhead. We are excited by the growth prospects for our business going forward and see solid opportunities to acquire additional niche trucking players and integrate them into our growing network.”
For more information on the Company, visit: http://www.integrated-freight.com
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China Cord Blood Corporation (CO) Video Chart for Friday, November 25, 2011
Despite the CO stock chart giving several head fakes for a potential reversal during a multi-month downtrend, the indicators are giving hints that a bounce may be ready to happen. The MACD is flattening and momentum indicators are showing the price movement at a key point presently.
To view the video chart, visit the following link: http://www.qualitystocks.net/videocharts
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Dune Energy, Inc. (DUNR) Reports On Progress Of Financial Restructuring Plan
Dune Energy, Inc. reported that the company has received the necessary approval for a proposed financial restructuring plan from shareholders of the company’s preferred stock.
Dune Energy, Inc. said that shareholders representing 74% of the outstanding 10% Senior Redeemable Convertible Preferred Stock have voted in favor a financial reorganization plan offered by the company in late 2011. The company said that approval of more than two thirds of the preferred shareholders was needed for the plan to proceed.
The restructuring plan includes the automatic conversion of all the outstanding 10% Senior Redeemable Convertible Preferred Stock into $4 million cash and 1.5% of the post restructuring common stock of Dune Energy, Inc.
Dune Energy, Inc. said that the restructuring plan has been approved by bondholders representing 96% of the outstanding 10.5% Senior Secured Notes due 2012. The bondholders are expected to receive a portion of new common stock to be issued by the company. The restructuring plan will also give the bondholders $50 million principal of a new issue of Floating Rate Senior Secured Notes or an aggregate cash payment of $50 million.
Dune Energy, Inc. said that the deadline for bondholders to exchange the current notes and participate in the offer is at 11:59 a.m. on December 13, 2011
For more information on the company, go to http://www.duneenergy.com/
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Dune Energy, Inc. said that shareholders representing 74% of the outstanding 10% Senior Redeemable Convertible Preferred Stock have voted in favor a financial reorganization plan offered by the company in late 2011. The company said that approval of more than two thirds of the preferred shareholders was needed for the plan to proceed.
The restructuring plan includes the automatic conversion of all the outstanding 10% Senior Redeemable Convertible Preferred Stock into $4 million cash and 1.5% of the post restructuring common stock of Dune Energy, Inc.
Dune Energy, Inc. said that the restructuring plan has been approved by bondholders representing 96% of the outstanding 10.5% Senior Secured Notes due 2012. The bondholders are expected to receive a portion of new common stock to be issued by the company. The restructuring plan will also give the bondholders $50 million principal of a new issue of Floating Rate Senior Secured Notes or an aggregate cash payment of $50 million.
Dune Energy, Inc. said that the deadline for bondholders to exchange the current notes and participate in the offer is at 11:59 a.m. on December 13, 2011
For more information on the company, go to http://www.duneenergy.com/
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Insiders Keep Buying Strategic American Oil Corporation (SGCA)
When it comes to trading shares of a company, an “insider” doesn’t necessarily have to be an officer or director, someone who could be expected to have access to inside information. It can be anyone who owns more than 10% of a publicly traded company. Whether officer or major shareholder, or both, these are people who have a lot of themselves wrapped up in the company, and their continued purchases suggest a growing commitment to and faith in the company’s future. As Peter Lynch famously said: “Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise”.
Below is a record of recent insider transactions (including the very rare stock sales) associated with Strategic American Oil, a domestic oil and gas exploration and production company based in Houston, Texas, a company that feels the price of oil supports the targeting of known reserves.
Transaction Date Insider Relationship Transaction:
11/8/11 – 11/11/11 Jeremy Driver (President, CEO, Director) Purchased 199,940 shares
11/8/11 – 11/11/11 KW Navigation Inc. (10% owner) Purchased 170,000 shares
11/8/11 – 11/11/11 CW Navigation Inc. (10% owner) Purchased 170,000 shares
10/24/11 – 10/26/11 Jeremy Driver (President, CEO, Director) Purchased 100,000 shares
10/18/11 CW Navigation Inc. (10% owner) Purchased 100,000 shares
10/18/11 – 10/26/11 KW Navigation Inc. (10% owner) Purchased 105,000 shares
10/14/11 KW Navigation Inc. (10% owner) Sold 5,000 shares
10//12/11 – 10/17/11 Jeremy Driver (President, CEO, Director) Purchased 550,060 shares
10/12/11 – 10/17/11 KW Navigation Inc. (10% owner) Purchased 555,000 shares
10/12/11 – 10/14/11 CW Navigation Inc. (10% owner) Purchased 555,000 shares
9/26/11 KW Navigation Inc. (10% owner) Purchased 31,666,666 shares
9/26/11 CW Navigation Inc. (10% owner) Purchased 31,666,667 shares
9/26/11 Jeremy Driver (President, CEO, Director) Purchased 31,666,667 shares
For additional information, visit www.StrategicAmericanOil.com
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Below is a record of recent insider transactions (including the very rare stock sales) associated with Strategic American Oil, a domestic oil and gas exploration and production company based in Houston, Texas, a company that feels the price of oil supports the targeting of known reserves.
Transaction Date Insider Relationship Transaction:
11/8/11 – 11/11/11 Jeremy Driver (President, CEO, Director) Purchased 199,940 shares
11/8/11 – 11/11/11 KW Navigation Inc. (10% owner) Purchased 170,000 shares
11/8/11 – 11/11/11 CW Navigation Inc. (10% owner) Purchased 170,000 shares
10/24/11 – 10/26/11 Jeremy Driver (President, CEO, Director) Purchased 100,000 shares
10/18/11 CW Navigation Inc. (10% owner) Purchased 100,000 shares
10/18/11 – 10/26/11 KW Navigation Inc. (10% owner) Purchased 105,000 shares
10/14/11 KW Navigation Inc. (10% owner) Sold 5,000 shares
10//12/11 – 10/17/11 Jeremy Driver (President, CEO, Director) Purchased 550,060 shares
10/12/11 – 10/17/11 KW Navigation Inc. (10% owner) Purchased 555,000 shares
10/12/11 – 10/14/11 CW Navigation Inc. (10% owner) Purchased 555,000 shares
9/26/11 KW Navigation Inc. (10% owner) Purchased 31,666,666 shares
9/26/11 CW Navigation Inc. (10% owner) Purchased 31,666,667 shares
9/26/11 Jeremy Driver (President, CEO, Director) Purchased 31,666,667 shares
For additional information, visit www.StrategicAmericanOil.com
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Imaging Diagnostic Systems, Inc. (IMDS) Expands Power with sale of CTML System to Mexico
Imaging Diagnostic Systems, Inc. is a company on the rise. Located in Fort Lauderdale, Florida, Imaging Diagnostic has earned a stellar reputation on Wall Street by developing a revolutionary new imaging device to aid in the detection and management of breast cancer. Already known as a pioneer in laser optical breast imaging, the young company took a major step towards prominence when they announced it has sold the first system of five ordered to be installed in Mexico.
The system is scheduled to be installed during the third week of December and was made through the company’s exclusive distributor Kepter Internacional for Estados Unidos Mexicanos.
Kepter is scheduled to hold a presentation featuring the CTML (CT Laser Mammography) system with the announcement of its arrival to Mexico in January. The presentation will be in front of the COFEPRIS (Health Ministry) of Mexico.
Kepter Internacional is the exclusive agent for Imaging Diagnostic Systems and will promote and distribute this service throughout Mexico.
Currently, Imaging Diagnostic is trading in the $0.007 range. With this major expansion and already having a stellar reputation within the marketplace, Imaging Diagnostic is a company on the rise.
To learn more about this press release or the company as a whole, visit their corporate website at: www.imds.com
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The system is scheduled to be installed during the third week of December and was made through the company’s exclusive distributor Kepter Internacional for Estados Unidos Mexicanos.
Kepter is scheduled to hold a presentation featuring the CTML (CT Laser Mammography) system with the announcement of its arrival to Mexico in January. The presentation will be in front of the COFEPRIS (Health Ministry) of Mexico.
Kepter Internacional is the exclusive agent for Imaging Diagnostic Systems and will promote and distribute this service throughout Mexico.
Currently, Imaging Diagnostic is trading in the $0.007 range. With this major expansion and already having a stellar reputation within the marketplace, Imaging Diagnostic is a company on the rise.
To learn more about this press release or the company as a whole, visit their corporate website at: www.imds.com
About QualityStocks:
QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. We offer several ways for investors to learn more about investing in these companies as well as find and evaluate them.
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PharmaGap (PHRGF) Liposome Formulations reach 3 Key Milestones
PharmaGap Inc., a biotech company focused on developing novel peptide therapeutics for the treatment of cancer, today announced that liposomal formulations of its cancer drug met and surpassed expectations for three integral key elements for clinical trials: potency, pharmacokinetic profile, and therapeutic index.
The company noted that roughly 250,000 new cancer cases annually in the U.S. stem from cancers with origins in the peritoneal cavity. An itraperitoneal injection is a delivery method designed to send liposomal peptides to tumor sites for certain cancers, including ovarian, pancreatic, colorectal, gastric and liver.
PharmaGap will first focus on definitive efficacy testing on ovarian cancer for first clinical trial application, though the company will continue to investigate and develop liposomal peptides to explore further applications.
Dr. Ken Sokoll, vice president of Clinical Development and chief operating officer for PharmaGap, detailed the company’s liposomal formulations.
“Rapid metabolism and elimination of peptide drugs is known to be a major factor contributing to the failure of peptide drugs. Our ability to overcome this problem using these new liposomal formulations and demonstrating that we have viable formulations when administered by both the intravenous and intraperitoneal routes will be key factors in achieving success for our drug compounds,” Dr. Sokoll stated in the press release.
The company reported that peptide half-life increased from a range of 0.4 to 0.7 for unformulated peptides to approximately eight hours using intravenous administration and to approximately 40 hours using intraperitoneal administration; liposomal associated peptide was detectable up to 72 hours post administration, which indicates that peptide remains in circulation for extended periods of time.
Rats that were administered liposomes via intraperitoneal injection were observed for 72 hours. The company said the results of this observation indicate that liposomal formulations would be well-tolerated over a wide dosing range (10-40 mg/Kg). PharmaGap anticipates that the results would provide a wide therapeutic index (the dosing range between effective dose and the dose at which toxic effects are seen) for drug administered by this route.
For more information visit www.pharmagap.com
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The company noted that roughly 250,000 new cancer cases annually in the U.S. stem from cancers with origins in the peritoneal cavity. An itraperitoneal injection is a delivery method designed to send liposomal peptides to tumor sites for certain cancers, including ovarian, pancreatic, colorectal, gastric and liver.
PharmaGap will first focus on definitive efficacy testing on ovarian cancer for first clinical trial application, though the company will continue to investigate and develop liposomal peptides to explore further applications.
Dr. Ken Sokoll, vice president of Clinical Development and chief operating officer for PharmaGap, detailed the company’s liposomal formulations.
“Rapid metabolism and elimination of peptide drugs is known to be a major factor contributing to the failure of peptide drugs. Our ability to overcome this problem using these new liposomal formulations and demonstrating that we have viable formulations when administered by both the intravenous and intraperitoneal routes will be key factors in achieving success for our drug compounds,” Dr. Sokoll stated in the press release.
The company reported that peptide half-life increased from a range of 0.4 to 0.7 for unformulated peptides to approximately eight hours using intravenous administration and to approximately 40 hours using intraperitoneal administration; liposomal associated peptide was detectable up to 72 hours post administration, which indicates that peptide remains in circulation for extended periods of time.
Rats that were administered liposomes via intraperitoneal injection were observed for 72 hours. The company said the results of this observation indicate that liposomal formulations would be well-tolerated over a wide dosing range (10-40 mg/Kg). PharmaGap anticipates that the results would provide a wide therapeutic index (the dosing range between effective dose and the dose at which toxic effects are seen) for drug administered by this route.
For more information visit www.pharmagap.com
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Wednesday, November 23, 2011
Mad Catz Interactive, Inc. (MCZ) Ships New Rock Band 3 Bundles
On November 23, Mad Catz Interactive, Inc. announced the shipping of a series of new Rock Band 3 bundles for the Xbox 360 game system. These bundles will include specific game hardware along with a copy of the Rock Band 3 game, as well as coupons for downloading songs intended to be played in the game.
Based in San Francisco, Mad Catz is best known in the video game industry for producing gaming peripherals such as joypads and arcade sticks for the Wii, PlayStation 3 and Xbox 360 consoles, as well as instrument peripherals for various music games. Mad Catz also produces flight simulators under its ThunderHawk Studios brand, and pro gaming peripherals under the Cyborg brand.
The new bundles will include selected Rock Band game instrument peripherals, such as the Wireless Fender Mustang PRO controller, the Wireless Fender Precision Bass controller, and the Wireless Fender Stratocaster controller. The included coupon will allow users to download five songs by the Red Hot Chili Peppers – Under The Bridge, Otherside, Californication, By the Way, and The Adventures of Rain Dance Maggie.
Darren Richardson, President and CEO of Mad Catz said, “We believe that bundling hardware, software and complementary tracks by the Red Hot Chili Peppers represents superb value for money and further demonstrates our commitment to delivering unique entertainment experiences through software publishing and specialty hardware.”
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Based in San Francisco, Mad Catz is best known in the video game industry for producing gaming peripherals such as joypads and arcade sticks for the Wii, PlayStation 3 and Xbox 360 consoles, as well as instrument peripherals for various music games. Mad Catz also produces flight simulators under its ThunderHawk Studios brand, and pro gaming peripherals under the Cyborg brand.
The new bundles will include selected Rock Band game instrument peripherals, such as the Wireless Fender Mustang PRO controller, the Wireless Fender Precision Bass controller, and the Wireless Fender Stratocaster controller. The included coupon will allow users to download five songs by the Red Hot Chili Peppers – Under The Bridge, Otherside, Californication, By the Way, and The Adventures of Rain Dance Maggie.
Darren Richardson, President and CEO of Mad Catz said, “We believe that bundling hardware, software and complementary tracks by the Red Hot Chili Peppers represents superb value for money and further demonstrates our commitment to delivering unique entertainment experiences through software publishing and specialty hardware.”
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Pioneering Technology Corp. (PTEFF) Issued Patent For Technology That Helps Detect Smoke or Burning In Cooking and Heating Appliances
Pioneering Technology Corp., a product innovation company based in Mississauga, Ontario, that engineers and brings to market energy smart solutions for consumer products making them safer, smarter and/or more efficient, today announced that the United States Patent and Trademark office will grant a patent on November 29th for its technology to help detect and diffuse burning or smoking in home cooking and heating appliances. The company reports that this new technology compliments Pioneering’s patented Safe-T element product which helps stop stove top cooking fires which are the number one cause of home fires and account for over 40 percent of all fires in North America. This new technology addresses the other 60 percent of home fires which are not caused by stove tops.
Fires in Microwave ovens are involved in 2,100 home fires per year in the US and cause a high number of emergency room visits. The patented platform technology has been used to create the Safe-T-sensor which helps detect fires within microwave ovens and can stop power to the microwave before the start of a fire or trigger of a fire alarm. In 2010, Ohio University tested the Safe-T-sensor by installing 4,470 sensors on microwave ovens in residential student housing and found a 92 percent reduction in fire department responses to nuisance calls caused by burnt food in microwaves.
In a press release on Wednesday the company said, ” While the Safe-T-sensor was initially introduced to university campuses, fire department responses to false alarms are an everyday occurrence across North America beyond just university campuses. The Safe-T-sensor is now being purchased by hospitals, senior’s facilities and large corporations where evacuations caused by false alarms create dangerous situations for patients/tenants and have a significant impact on workplace productivity.”
Pioneering expects that this patent coupled with Safe-T-sensor’s growing brand awareness will lead to innovative microwave application at retail outlets as well as original equipment manufacturers incorporating the technology at source.
For more information on this patent, please visit www.pioneeringtech.com
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Fires in Microwave ovens are involved in 2,100 home fires per year in the US and cause a high number of emergency room visits. The patented platform technology has been used to create the Safe-T-sensor which helps detect fires within microwave ovens and can stop power to the microwave before the start of a fire or trigger of a fire alarm. In 2010, Ohio University tested the Safe-T-sensor by installing 4,470 sensors on microwave ovens in residential student housing and found a 92 percent reduction in fire department responses to nuisance calls caused by burnt food in microwaves.
In a press release on Wednesday the company said, ” While the Safe-T-sensor was initially introduced to university campuses, fire department responses to false alarms are an everyday occurrence across North America beyond just university campuses. The Safe-T-sensor is now being purchased by hospitals, senior’s facilities and large corporations where evacuations caused by false alarms create dangerous situations for patients/tenants and have a significant impact on workplace productivity.”
Pioneering expects that this patent coupled with Safe-T-sensor’s growing brand awareness will lead to innovative microwave application at retail outlets as well as original equipment manufacturers incorporating the technology at source.
For more information on this patent, please visit www.pioneeringtech.com
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Lone Star Gold, Inc. (LSTG) Updates Investors with Operational, Due Diligence Status Reports Covering their Gold and Silver Projects in...
Lone Star Gold, Inc. (LSTG) Updates Investors with Operational, Due Diligence Status Reports Covering their Gold and Silver Projects in Mexic
Lone Star Gold, operating out of a headquarters in Albuquerque, New Mexico wields an impressive mineral acquisition/development architecture in the US/Mexico and took some time recently (Nov 23) to detail ongoing due diligence related to its aggressive business strategy, as well as to inform investors, providing the latest operational updates regarding current gold and silver projects in Mexico.
President of LSTG, Daniel Ferris, assured markets that the Company’s currently project portfolio had solid forward momentum in all areas and that confidence was high for projected results/conditions. Ferris pointed to the highly anticipated results from samples conveyed to noted Vancouver, Canada analytical laboratory, ALS Chemex Laboratory via the Company’s Chihuahua office and outlined that results would heavily influence the pending (“within months”) Ocampo acquisition. The Ocampo acquisition would substantially expand LSTG’s foothold in the proven Sierra Madre Occidental mining region and save Ferris the trouble of having to explain the Company’s aggressive attitude towards such prime acquisitions.
Timeframes and projected costs, as well as development details regarding the Company’s two Mexico-based projects La Candelaria (70% working interest on some 1,976 acres located in Chihuahua) and the promising Ocampo (option to purchase a 70% interest in the roughly 1,409 acre site, also in Chihuahua) have been provided.
La Candelaria
Extensive logistical considerations, including roadways and a new prepping area, have begun in the current shallow drilling program run-up, with fifteen key target areas mapped for roughly 650 feet of drilling per hole. Budgeting has been allocated for anticipated ancillary expenses related to drilling in the program, with specifics like the securing of a triple-axle trailer and two more equipment trucks over the coming week to bring in gear and supplies, also included.
Initial lab results are anticipated mid-late December 2011, with operations in 2012 kicking off in a January frenzy of up to 2,300 feet of deep hole drilling, for what looks like as many as five of the targets at La Candelaria. Analysis of initial results will largely determine targeting allocation priorities and these decisions will be made at run time. Drilling teams are in the process of being staffed, while the associated cost projections related to drilling are being quantified via actual quotes.
LSTG is set to make a $150k work commitment payment in January as well, with an additional $125k property payment coinciding, as per determinations in the signed La Candelaria definitive agreement.
Ocampo
The meticulous build up of geo-chemical/physical data via field work by the onsite team has served ongoing due diligence very well and the Company is in a prime position to secure a 70% interest. The initial positive results from the team will be vetted against sample analysis coming back from ALS Chemex and the next few weeks will consist of plotting and mapping the data more comprehensively as key targets are honed in on. Chief among the analytical efforts is work done on quartz from the southeast zone of the property; this analysis will offer the best possible framework in which to identify targets, such that subsequent drilling will be at peak efficiency.
For more information on the latest operations at either property, or to stay up to date on news and information related to other developments at Lone Star Gold, Inc. please visit the Company’s website at: www.LoneStarGold.com
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Lone Star Gold, operating out of a headquarters in Albuquerque, New Mexico wields an impressive mineral acquisition/development architecture in the US/Mexico and took some time recently (Nov 23) to detail ongoing due diligence related to its aggressive business strategy, as well as to inform investors, providing the latest operational updates regarding current gold and silver projects in Mexico.
President of LSTG, Daniel Ferris, assured markets that the Company’s currently project portfolio had solid forward momentum in all areas and that confidence was high for projected results/conditions. Ferris pointed to the highly anticipated results from samples conveyed to noted Vancouver, Canada analytical laboratory, ALS Chemex Laboratory via the Company’s Chihuahua office and outlined that results would heavily influence the pending (“within months”) Ocampo acquisition. The Ocampo acquisition would substantially expand LSTG’s foothold in the proven Sierra Madre Occidental mining region and save Ferris the trouble of having to explain the Company’s aggressive attitude towards such prime acquisitions.
Timeframes and projected costs, as well as development details regarding the Company’s two Mexico-based projects La Candelaria (70% working interest on some 1,976 acres located in Chihuahua) and the promising Ocampo (option to purchase a 70% interest in the roughly 1,409 acre site, also in Chihuahua) have been provided.
La Candelaria
Extensive logistical considerations, including roadways and a new prepping area, have begun in the current shallow drilling program run-up, with fifteen key target areas mapped for roughly 650 feet of drilling per hole. Budgeting has been allocated for anticipated ancillary expenses related to drilling in the program, with specifics like the securing of a triple-axle trailer and two more equipment trucks over the coming week to bring in gear and supplies, also included.
Initial lab results are anticipated mid-late December 2011, with operations in 2012 kicking off in a January frenzy of up to 2,300 feet of deep hole drilling, for what looks like as many as five of the targets at La Candelaria. Analysis of initial results will largely determine targeting allocation priorities and these decisions will be made at run time. Drilling teams are in the process of being staffed, while the associated cost projections related to drilling are being quantified via actual quotes.
LSTG is set to make a $150k work commitment payment in January as well, with an additional $125k property payment coinciding, as per determinations in the signed La Candelaria definitive agreement.
Ocampo
The meticulous build up of geo-chemical/physical data via field work by the onsite team has served ongoing due diligence very well and the Company is in a prime position to secure a 70% interest. The initial positive results from the team will be vetted against sample analysis coming back from ALS Chemex and the next few weeks will consist of plotting and mapping the data more comprehensively as key targets are honed in on. Chief among the analytical efforts is work done on quartz from the southeast zone of the property; this analysis will offer the best possible framework in which to identify targets, such that subsequent drilling will be at peak efficiency.
For more information on the latest operations at either property, or to stay up to date on news and information related to other developments at Lone Star Gold, Inc. please visit the Company’s website at: www.LoneStarGold.com
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