Rexahn Pharmaceuticals, Inc. announced today the publication of a peer-reviewed study in Neuroscience Letters. The study validates the mechanism of clavulanic acid, the active compound in Serdaxin®, the company’s lead CNS drug.
The published study, entitled “Clavulanic acid increases dopamine release in neuronal cells through a mechanism involving enhanced vesicle trafficking,” shows that clavulanic acid enhances release of neurotransmitters such as dopamine in the brain cell by interacting with key proteins for vesicle trafficking and fusion.
“This study is significant because it confirms at the molecular and cellular levels how Serdaxin enhances the release of neurotransmitters in the brain. Previous studies demonstrated the release of serotonin and dopamine in the brain by clavulanic acid in live animals. These results strongly support that Serdaxin’s CNS effects may be due to an enhanced release of the dual neurotransmitters, called as the SERDA mechanism,” said Dr. Chang Ahn, Chairman and CEO of Rexahn.
Dr. Ahn elaborated, “Because the effectiveness of currently marketed therapies that modulate serotonin reuptake is significantly limited, there exists very strong therapeutic needs for depression patients who are non-responders, are relapsed, or are non-compliant due to adverse reactions of those therapeutics. Serdaxin positions itself to address these therapeutic and safety needs as the first SERDA antidepressant with excellent safety profile.”
Dr. Michael Thase, Chairman of the Depression Scientific Advisory Board of Rexahn, added, “This study illustrates that clavulanic acid may have important effects on monoaminergic neurotransmission, that are the result of interaction with vesicle trafficking and fusion through a novel mechanism involving Munc18 and Rab proteins. Enhancing the release of both dopamine and serotonin to physiological levels in the brain may prove to have novel therapeutic implications for those who suffer from major depressive disorder and other neurological disorders.”
Serdaxin® is currently undergoing Phase II clinical development for major depressive disorder. The compound complement’s Rexahn’s other Phase II trial drug candidates, Archexin® and Zoraxel™. All three compounds have the potential to be “best in class” therapeutics.
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Monday, October 3, 2011
Swisher Hygiene (SWSH) Makes Several Acquisitions
Swisher Hygiene Inc. is a leading global provider of essential hygiene and sanitation products and services. These essential solutions include cleaning and sanitizing chemicals, foodservice and laundry products, restroom hygiene programs and other related products.
The company today announced that it has acquired the assets and liabilities of three companies. These firms include L&F Sales, an Oklahoma-based hygiene and chemicals company; BLP Group dba Santec Services, a Florida-based hygiene and chemicals company; and Kaper CPR dba Guardian Environmental, a Missouri-based hygiene company.
L&F covers the greater Oklahoma City area and adjacent markets, while Santec serves the southwest Florida coast. Both provide a complete range of specialty chemicals and service programs to the foodservice and hospitality industries. Guardian serves the greater St. Louis area, providing hygiene service programs to the foodservice and hospitality industries.
For all three firms, Swisher only paid out $857,500 in cash, assumed certain liabilities, issued 14,565 shares of common stock and issued convertible promissory notes which may be converted into a maximum of 164,375 common shares of Swisher.
Swisher Hygiene’s CEO, Steven Berrard, spoke the following about the acquisitions, “We continue to actively pursue growth and tuck-in opportunities. We are very pleased to provide additional avenues to cross-sell our full service offerings to potentially new and currently existing customers.”
For more information on Swisher Hygiene, please visit its website at www.swisherhygiene.com
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The company today announced that it has acquired the assets and liabilities of three companies. These firms include L&F Sales, an Oklahoma-based hygiene and chemicals company; BLP Group dba Santec Services, a Florida-based hygiene and chemicals company; and Kaper CPR dba Guardian Environmental, a Missouri-based hygiene company.
L&F covers the greater Oklahoma City area and adjacent markets, while Santec serves the southwest Florida coast. Both provide a complete range of specialty chemicals and service programs to the foodservice and hospitality industries. Guardian serves the greater St. Louis area, providing hygiene service programs to the foodservice and hospitality industries.
For all three firms, Swisher only paid out $857,500 in cash, assumed certain liabilities, issued 14,565 shares of common stock and issued convertible promissory notes which may be converted into a maximum of 164,375 common shares of Swisher.
Swisher Hygiene’s CEO, Steven Berrard, spoke the following about the acquisitions, “We continue to actively pursue growth and tuck-in opportunities. We are very pleased to provide additional avenues to cross-sell our full service offerings to potentially new and currently existing customers.”
For more information on Swisher Hygiene, please visit its website at www.swisherhygiene.com
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All American Gold Corp. (AAGC) Digs into the Nation’s Top Gold Producing Region with Promising Exploration Project
All American Gold Corp. is focused on the acquisition and exploration of mineral property holdings in Nevada, the nation’s top gold producing state. The company executes its mission to strengthen its exploration portfolio by evaluating new gold opportunities throughout the United States, and is currently working three projects in Nevada: Iowa Canyon, Belleville and Goldfield West.
The company holds a 70 percent interest in the Belleville property, which is located about 250 miles northwest of Las Vegas, Nev. The project is comprised of ten, unpatented mining claims on approximately 74 acres. Nevada’s high desert climate and geological set-up allow for year-round exploration and mining.
Belleville is in close proximity to recent and historic producing mine, including the Candelaria Silver Mine, which is ten miles to the east, and the Marietta Mine, six miles to the west; both mines lie within the Walker Lane structural and mineral belt, as does Belleville. The Candelaria Silver Mine has produced more than $30 million in mineral resources.
So far, three potential drilling projects have been identified at the Belleville project, one of which is a set of gold bearing shear zones; the second drill target is a geophysical anomaly indicating the apparent extension of the mineralized shears under pediment; the third target occurs at the intersection of the mineralized structures with a major lithologic contact.
Exposed rocks at Belleville are meta-sediments, meta-volcanics of the Triassic Excelsior formation, and granite intrusion of late Mesozoic age. The company reports that in the Excelsior package several old pits and adits are developed along two semi-parallel shears, which contain quartz veins, stockworks, and varying amounts of iron and copper minerals. In addition, rock chip samples from these workings reveal as much as 53 parts per million gold (ppm).
All American Gold is preparing to commence its exploration on the Belleville property in the near future, and is scheduled to begin testing of the geophysical anomaly with angled reverse circulation drilling this fall.
For more information visit www.allamericangoldcorp.com
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The company holds a 70 percent interest in the Belleville property, which is located about 250 miles northwest of Las Vegas, Nev. The project is comprised of ten, unpatented mining claims on approximately 74 acres. Nevada’s high desert climate and geological set-up allow for year-round exploration and mining.
Belleville is in close proximity to recent and historic producing mine, including the Candelaria Silver Mine, which is ten miles to the east, and the Marietta Mine, six miles to the west; both mines lie within the Walker Lane structural and mineral belt, as does Belleville. The Candelaria Silver Mine has produced more than $30 million in mineral resources.
So far, three potential drilling projects have been identified at the Belleville project, one of which is a set of gold bearing shear zones; the second drill target is a geophysical anomaly indicating the apparent extension of the mineralized shears under pediment; the third target occurs at the intersection of the mineralized structures with a major lithologic contact.
Exposed rocks at Belleville are meta-sediments, meta-volcanics of the Triassic Excelsior formation, and granite intrusion of late Mesozoic age. The company reports that in the Excelsior package several old pits and adits are developed along two semi-parallel shears, which contain quartz veins, stockworks, and varying amounts of iron and copper minerals. In addition, rock chip samples from these workings reveal as much as 53 parts per million gold (ppm).
All American Gold is preparing to commence its exploration on the Belleville property in the near future, and is scheduled to begin testing of the geophysical anomaly with angled reverse circulation drilling this fall.
For more information visit www.allamericangoldcorp.com
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Digagogo Ventures Corp. (DOGO) Inks License Agreement with Red Deer DogoNet to Generate Revenues, Job Growth
Diagogo Ventures Corp., a provider of information and communications technology, today announced it has granted its flagship license to Red Deer DogoNet, which will pay an initial license fee of $500,000, as well as an ongoing 5 percent royalty fee as a percentage of gross revenues. Additionally, DogoNet has the option to purchase technical support, consulting and training services, payable to Diagogo.
The grant gives DogoNet a “turnkey infrastructure” through the use of DogoSearch, DogoNet and DogoPay, all of which are developed and maintained by Digagogo.
DogoSearch is a regionally specific advertising and search engine that enables local businesses to publish promotions and product information in real time. It works in conjunction with DogoNet, which gives households virtual storefronts where they can buy, sell and communicate with one another, essentially creating a collective local distribution network; and DogoPay, a secure payment method managed by the DogoCenter, which ensures accurate and secure payments, facilitates transactions made on the DogoNet.
Red Deer DogoNet said it has already leased office and warehouse space to launch the DogoCenter in Red Deer County, in Alberta, Canada. The company has also spent considerable funds to support its marketing campaign.
“Conservatively speaking, $100 million is already being spent on advertising, promotion and marketing within the Red Deer County area. Our goal is to achieve 30 percent of the $100 million that is being spent for promotion, advertising and marketing,” Red Deer DogoNet President Carman Bessey stated in the press release. “We plan to achieve this $30 million by working with up to 100 sales and marketing personnel to educate, market and integrate the local community and businesses, using these state of the art technologies DogoNet & DogoSearch. By joining forces with business leaders, business and households offering majors savings to the local community, we will work together in building a sustainable economy.”
Digagogo chairman Fernando Londe said the licensing agreement will generate revenues, create employment, stimulate local business, and provide economic sustainability.
“We have found a niche in the marketplace in design and a business model that offers unique solutions in today’s economy. By utilizing Digagogo’s state-of-the-art technologies creating new jobs that DogoCenters offers education and guidance in regions across the world, we will build a sustainable future for generations to come,” Londe stated.
Diagogo said the agreement with Red Deer DogoNet is the first of many anticipated license agreements.
For more information visit http://www.digagogo.com
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The grant gives DogoNet a “turnkey infrastructure” through the use of DogoSearch, DogoNet and DogoPay, all of which are developed and maintained by Digagogo.
DogoSearch is a regionally specific advertising and search engine that enables local businesses to publish promotions and product information in real time. It works in conjunction with DogoNet, which gives households virtual storefronts where they can buy, sell and communicate with one another, essentially creating a collective local distribution network; and DogoPay, a secure payment method managed by the DogoCenter, which ensures accurate and secure payments, facilitates transactions made on the DogoNet.
Red Deer DogoNet said it has already leased office and warehouse space to launch the DogoCenter in Red Deer County, in Alberta, Canada. The company has also spent considerable funds to support its marketing campaign.
“Conservatively speaking, $100 million is already being spent on advertising, promotion and marketing within the Red Deer County area. Our goal is to achieve 30 percent of the $100 million that is being spent for promotion, advertising and marketing,” Red Deer DogoNet President Carman Bessey stated in the press release. “We plan to achieve this $30 million by working with up to 100 sales and marketing personnel to educate, market and integrate the local community and businesses, using these state of the art technologies DogoNet & DogoSearch. By joining forces with business leaders, business and households offering majors savings to the local community, we will work together in building a sustainable economy.”
Digagogo chairman Fernando Londe said the licensing agreement will generate revenues, create employment, stimulate local business, and provide economic sustainability.
“We have found a niche in the marketplace in design and a business model that offers unique solutions in today’s economy. By utilizing Digagogo’s state-of-the-art technologies creating new jobs that DogoCenters offers education and guidance in regions across the world, we will build a sustainable future for generations to come,” Londe stated.
Diagogo said the agreement with Red Deer DogoNet is the first of many anticipated license agreements.
For more information visit http://www.digagogo.com
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Zhongpin, Inc. (HOGS) Starts Trial Production of Prepared Pork Products at New Plant in Tianjin
Zhongpin, Inc., a meat and food processing company that specializes in pork and pork products in the People’s Republic of China, announced that it has started trial production at its new prepared pork products plant in Tianjin. The plant cost about $22 million and will produce about 36,000 metric tons annually. Zhongpin will produce sausages, hotdogs and other low-temperature meat products at the new prepared pork facility. Zhongpin reports that this is phase 2 of its industrial park in Tianjin. Phase 1 is the chilled and frozen pork plant that has produced about 100,000 metric tons yearly since it opened in January of 2010.
“We are very pleased with the good market acceptance and growth we have earned so far in greater Tianjin and the North China area. In addition to our chilled and frozen pork, we also sell our prepared pork products in Tianjin that we create in other locations, so we already have a good market presence and foundation there for prepared pork products. For that reason, we believe with confidence that our new facility will yield good market share increases for our prepared pork products in greater Tianjin. We are quite confident that the new facilities in Tianjin will satisfy the traditional strong market demand during the Chinese New Year in early 2012,” stated Xianfu Zhu, Chairman and Chief Executive Officer of Zhongpin Inc in a press release on Friday.
Zhongpin believes the outlook for China’s pork processing industry remains positive. For the year 2011, the company said it expects sales revenues to be in the range of $1.33 billion to $1.37 billion. However, despite Friday’s news, the stock dropped down to a 52 week low.
For more information, please visit www.zpfood.com
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“We are very pleased with the good market acceptance and growth we have earned so far in greater Tianjin and the North China area. In addition to our chilled and frozen pork, we also sell our prepared pork products in Tianjin that we create in other locations, so we already have a good market presence and foundation there for prepared pork products. For that reason, we believe with confidence that our new facility will yield good market share increases for our prepared pork products in greater Tianjin. We are quite confident that the new facilities in Tianjin will satisfy the traditional strong market demand during the Chinese New Year in early 2012,” stated Xianfu Zhu, Chairman and Chief Executive Officer of Zhongpin Inc in a press release on Friday.
Zhongpin believes the outlook for China’s pork processing industry remains positive. For the year 2011, the company said it expects sales revenues to be in the range of $1.33 billion to $1.37 billion. However, despite Friday’s news, the stock dropped down to a 52 week low.
For more information, please visit www.zpfood.com
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American Standard Energy Corp. (ASEN) Issues Oil and Gas Operational Update
American Standard Energy issued an operational update on the company’s oil and gas activities in the United States. The company is active in various producing basins in North Dakota and Texas.
American Standard Energy recently initiated a twenty six well drilling program in the Permian Basin in Texas. The company is operating three rigs here and is targeting the Wolfberry and Wolfcamp formations in three different counties.
American Standard Energy is waiting for the initial production rates of two wells that were recently completed and has five additional wells scheduled for hydraulic fracturing operations. The company is also attempting to secure additional fracturing capacity to accelerate its development program in the Permian basin.
American Standard Energy is also developing the Eagle Ford Shale formation in Texas and has been involved with 13 gross wells in 2011. In the Williston Basin in North Dakota, American Standard Energy is working on the Bakken and Three Forks formation and has been involved with 78 gross wells in 2011.
The company expects production to exit 2011 at a rate of 2,000 barrels of oil equivalent (BOE) per day. In the second quarter of 2011, production averaged 558 BOE per day.
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American Standard Energy recently initiated a twenty six well drilling program in the Permian Basin in Texas. The company is operating three rigs here and is targeting the Wolfberry and Wolfcamp formations in three different counties.
American Standard Energy is waiting for the initial production rates of two wells that were recently completed and has five additional wells scheduled for hydraulic fracturing operations. The company is also attempting to secure additional fracturing capacity to accelerate its development program in the Permian basin.
American Standard Energy is also developing the Eagle Ford Shale formation in Texas and has been involved with 13 gross wells in 2011. In the Williston Basin in North Dakota, American Standard Energy is working on the Bakken and Three Forks formation and has been involved with 78 gross wells in 2011.
The company expects production to exit 2011 at a rate of 2,000 barrels of oil equivalent (BOE) per day. In the second quarter of 2011, production averaged 558 BOE per day.
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eLayaway, Inc. (ELAY) Spammed Aggressively over Weekend
We have observed an influx of emails spamming eLayaway, Inc. from various free email accounts over the weekend. 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
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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