Between Europe and China there is another large and growing market. Russia and its 142 million consumers represent an important and still largely untapped opportunity. Russia continually vies with Saudi Arabia for the title of world’s leading oil producer, and with the U.S. for the title of top natural gas producer. The country is considered to hold the world’s greatest reserves of natural gas, and the second greatest coal reserves. It’s a top exporter of steel and aluminum, also exporting copper, iron, nickel, and many other metals and minerals.
With low unemployment and a gross domestic product of over $2.5 trillion, yet with a number of still developing sectors, Russia is drawing in foreign investment, and the Russian government is actively encouraging the growth of non-resource industries, with a special emphasis on technology. An example is the Russian pharmaceutical industry, where the government is anxious to reduce dependence upon foreign supplies for important drugs, and is encouraging the growth of pharmaceutical companies.
Rafarma Pharmaceuticals is a fast-growing pharmaceutical company in Russia that is benefitting from this encouragement. The company recently completed construction of the most technologically advanced pharmaceutical facilities in Russia, and is already producing generic antibiotics and specialty pharmaceuticals, in addition to its own line of proprietary products. Rafarma is already securing its foothold in the industry, and its marketing plans have already led to the company being considered the principle supplier to the Russian Public Health system and the Russian Army.
Rafarma Pharmaceuticals is now fully GDP compliant, and GCP and GMP standards are in their last stages of approval. The company is also working to become GLP and GAP compliant, at which time Rafarma Pharmaceuticals will be one of the only Russia-based pharmaceutical companies representing the complete cycle of the world’s top pharmaceutical standards.
For more information, visit www.rafarma.us
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Thursday, August 1, 2013
Victory Energy Corp. (VYEY) Ramps Proved Reserves by 60%, Daily Production Jumps 89%
Victory Energy, an independent, growth-oriented oil and gas company, today reports that in the first six months of this year it has increased by 60 percent the proved reserves at its Permian Basin Lightnin’ prospect, and for the same period has ramped daily production by 89 percent.
The March 2012 acquisition of the first 320-acre Cotter parcel at Lightnin’ kicked-off the Victory Energy’s new focus on expanding high-value, low-risk, multi-well properties within the prolific Permian Basin of west Texas and the adjoining area of southeastern New Mexico. The company’s strategy is to combine and leverage its internal capabilities and strategic industry relationships to acquire working interest positions in low-to-moderate risk oil and gas prospects.
Based on this business model, from 2011 to 2012 the company grew proved reserves by 16 percent to 137,330 barrels of oil equivalent (BOE), and daily production by 48 percent to 32.6 BOE, with growth accelerated by 2013′s success in the Permian. Oil currently represents 41 percent of total proved reserves, an improvement from 18 percent recorded at the end of 2012. Current total net proved reserves are estimated at 220,330 BOE, with net daily production of 62 BOE.
“When we purchased the Lightnin’ property in March of 2012, we knew drilling in this area could provide a critical turning point for the company. Drilling the first two wells of several at Lightnin’ (Cotter #1 and McCauley #1) have proven our strategy to be successful and we expect the remaining wells to be drilled on the property to also provide a major increase in revenue and a significant step toward sustainable profitability,” Kenny Hill, Victory Energy CEO, stated in the press release.
The May 2013 addition of the McCauley parcel brings the total gross acres held at Lightnin’ to 640. The first vertical well (Cotter #1) was spud in January 2013, completed in February and brought into production in late March. The second well (McCauley “6″ #1) was spud in May and placed on production in late June.
For more information, visit www.vyey.com
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The March 2012 acquisition of the first 320-acre Cotter parcel at Lightnin’ kicked-off the Victory Energy’s new focus on expanding high-value, low-risk, multi-well properties within the prolific Permian Basin of west Texas and the adjoining area of southeastern New Mexico. The company’s strategy is to combine and leverage its internal capabilities and strategic industry relationships to acquire working interest positions in low-to-moderate risk oil and gas prospects.
Based on this business model, from 2011 to 2012 the company grew proved reserves by 16 percent to 137,330 barrels of oil equivalent (BOE), and daily production by 48 percent to 32.6 BOE, with growth accelerated by 2013′s success in the Permian. Oil currently represents 41 percent of total proved reserves, an improvement from 18 percent recorded at the end of 2012. Current total net proved reserves are estimated at 220,330 BOE, with net daily production of 62 BOE.
“When we purchased the Lightnin’ property in March of 2012, we knew drilling in this area could provide a critical turning point for the company. Drilling the first two wells of several at Lightnin’ (Cotter #1 and McCauley #1) have proven our strategy to be successful and we expect the remaining wells to be drilled on the property to also provide a major increase in revenue and a significant step toward sustainable profitability,” Kenny Hill, Victory Energy CEO, stated in the press release.
The May 2013 addition of the McCauley parcel brings the total gross acres held at Lightnin’ to 640. The first vertical well (Cotter #1) was spud in January 2013, completed in February and brought into production in late March. The second well (McCauley “6″ #1) was spud in May and placed on production in late June.
For more information, visit www.vyey.com
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LifeApps Digital Media, Inc. (LFAP) Creates Interactive Experience for Consumers
LifeApps Digital Media is revolutionizing the way many of us learn and exercise today. Targeting exercise enthusiasts worldwide with a love of mobile devices such as the iPhone, LifeApps will target consumers in search of an innovative work out experience as well as seamless interface between technology.
The company is currently developing a next-generation style interaction between products and technology, such as the Golf Core Grip Workout System, interfacing it with devices like the iPhone, iPod, and iPad. LifeApps generates customized learning experiences for consumers by partnering with products such as Golf Core Grip, an ergonomic grip developed by leading golf fitness experts. The grips are made to represent individual’s own golf clubs. A free download of the Golf Core Grip App is available, even to those customers without mobile Apple devices. The Golf Core Grip is available by accessing the company’s site at www.GolfWorkout.com.
Shaping the way users train and even exercise, Apps such as the Golf Core Grip provide innovative features that mimic having your own personal golf coach, minus the high golf course and country club fees. With the product and the App working seamlessly, LifeApps is delivering to its consumers an immediate way to get active. In addition, if you are working with a coach or trainer, the App allows you to share your workout progression.
LifeApps currently plans to increase distribution for the Golf Core Grip, announcing earlier this month that it landed the daily deals site, Groupon, as an additional distribution channel for the product. With industry professionals and retailers expressing a demand for the product, there are clear demands for adding the product to any golfer’s daily routine.
For more information, visit www.GolfWorkout.com
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The company is currently developing a next-generation style interaction between products and technology, such as the Golf Core Grip Workout System, interfacing it with devices like the iPhone, iPod, and iPad. LifeApps generates customized learning experiences for consumers by partnering with products such as Golf Core Grip, an ergonomic grip developed by leading golf fitness experts. The grips are made to represent individual’s own golf clubs. A free download of the Golf Core Grip App is available, even to those customers without mobile Apple devices. The Golf Core Grip is available by accessing the company’s site at www.GolfWorkout.com.
Shaping the way users train and even exercise, Apps such as the Golf Core Grip provide innovative features that mimic having your own personal golf coach, minus the high golf course and country club fees. With the product and the App working seamlessly, LifeApps is delivering to its consumers an immediate way to get active. In addition, if you are working with a coach or trainer, the App allows you to share your workout progression.
LifeApps currently plans to increase distribution for the Golf Core Grip, announcing earlier this month that it landed the daily deals site, Groupon, as an additional distribution channel for the product. With industry professionals and retailers expressing a demand for the product, there are clear demands for adding the product to any golfer’s daily routine.
For more information, visit www.GolfWorkout.com
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Epazz, Inc. (EPAZ) Reports 1000% Gain in Revenues Since Going Public
Epazz,
a leading provider of cloud based business software solutions, today announced
that its revenues last year totaled $1,193,217, a 1,000 percent increase
compared to when the Company first began publicly trading just a few years ago,
and they continue to grow at record setting levels.
“Epazz
has been increasing its global distribution channels and continues to search
for suitable acquisitions,” Shaun Passley, CEO of Epazz, stated. “With the
synergies of our companies and the core expertise that ties each one together,
both clients and prospects can continue to look forward to innovative,
effective and efficient software tools geared to enhancing their business
process.”
Epazz
is currently negotiating several potential B2B software acquisitions as part of
its long-term strategic growth plan to acquire profitable B2B software
companies. Recently acquisitions include DeskFlex room scheduling software and
Intellisys scada software.
For
more information on Epazz, visit www.epazz.com
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Cardium Therapeutics, Inc. (CXM) Enters Distribution Agreement Targeting Governmental Medical Facilities
Today before the open, Cardium Therapeutics announced that it has signed a distribution agreement with AvKARE encompassing government medical facilities throughout the United States. The new commercialization arrangement with AvKARE effectively replaces an earlier arrangement with Academy Medical.
Cardium chose to transfer the Excellagen distribution responsibilities to AvKARE, a licensed manufacturer/wholesaler of pharmaceuticals, disposable medical supplies, and capital medical equipment. The officers and management team at AvKARE have more than 80 years’ experience in the pharmaceutical and medical supply industry.
As part of the agreement, AvKARE provides five direct wound care experts and allows Cardium’s 25 distributor representatives access to all government accounts. The company serves the Department of Defense, Veterans Hospitals, NASA, TriCare, Dept. of Agriculture, Indian Health Services, USDA, U.S. Army, Air Force, Navy, and USMC, as well as Group Purchasing Organizations that include Amerinet, Innovatix, Health Trust Purchasing Group, IPC, Broadlane/MedAssets and Premier.
To learn more about AvKARE, visit www.Excellagen.com/AvKARE
To learn more about Cardium, visit www.CardiumTHX.com
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Cardium chose to transfer the Excellagen distribution responsibilities to AvKARE, a licensed manufacturer/wholesaler of pharmaceuticals, disposable medical supplies, and capital medical equipment. The officers and management team at AvKARE have more than 80 years’ experience in the pharmaceutical and medical supply industry.
As part of the agreement, AvKARE provides five direct wound care experts and allows Cardium’s 25 distributor representatives access to all government accounts. The company serves the Department of Defense, Veterans Hospitals, NASA, TriCare, Dept. of Agriculture, Indian Health Services, USDA, U.S. Army, Air Force, Navy, and USMC, as well as Group Purchasing Organizations that include Amerinet, Innovatix, Health Trust Purchasing Group, IPC, Broadlane/MedAssets and Premier.
To learn more about AvKARE, visit www.Excellagen.com/AvKARE
To learn more about Cardium, visit www.CardiumTHX.com
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Wednesday, July 31, 2013
Mabwe Minerals Inc. (MBMI) Takes Off with Dodge Mine
Mabwe Minerals, a subsidiary of Raptor Resources Holdings, is a fully reporting natural resources and hard asset company engaged in the mining and commercial sale of industrial minerals and metals, currently scaling up production operations for barite at the company’s Dodge Mine project in Zimbabwe, Africa.
The company’s Dodge Mine emphasis is based upon analysis and reports from Associated Consultants in Africa (ASCON AFRICA), a consulting firm based in Harare, Zimbabwe. Mabwe hired the company to perform a Dodge Mine Validation Study to substantiate the barite and limestone reserves prior to going forward with mining.
Based upon the ASCON report, 411,000 tons of barite, and 531,000 tons of limestone were authenticated. At current prices, the report suggests a market value of over $70 million, although the focus of the study was Dodge Hill #1, which represents only about 7% of the entire surface area of Dodge Mine. The report, though limited in scope, gives an idea of the site’s full potential.
The company has now begun production operations, after establishing a variety of contacts and partnerships to ensure cost effective and dependable support for all aspects of associated mining and shipping operations. WGB Kinsey & Company is managing the overall project, and Steinbock Minerals, in conjunction with Yasheya Ltd, will oversee mineral distribution and shipment. Revenue is expected this quarter, and Mabwe has already secured a long-term Master Supplier Agreement with Baker Hughes, one of the world’s largest oilfield services companies. The agreement represents a total of 3 million tons of barite to be delivered at 220,000 tons per year. At current prices, it represents hundreds of millions of dollars over a 13-year period.
For more information on Mabwe Minerals, visit www.dtg.fm/MBMI-Presentation
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The company’s Dodge Mine emphasis is based upon analysis and reports from Associated Consultants in Africa (ASCON AFRICA), a consulting firm based in Harare, Zimbabwe. Mabwe hired the company to perform a Dodge Mine Validation Study to substantiate the barite and limestone reserves prior to going forward with mining.
Based upon the ASCON report, 411,000 tons of barite, and 531,000 tons of limestone were authenticated. At current prices, the report suggests a market value of over $70 million, although the focus of the study was Dodge Hill #1, which represents only about 7% of the entire surface area of Dodge Mine. The report, though limited in scope, gives an idea of the site’s full potential.
The company has now begun production operations, after establishing a variety of contacts and partnerships to ensure cost effective and dependable support for all aspects of associated mining and shipping operations. WGB Kinsey & Company is managing the overall project, and Steinbock Minerals, in conjunction with Yasheya Ltd, will oversee mineral distribution and shipment. Revenue is expected this quarter, and Mabwe has already secured a long-term Master Supplier Agreement with Baker Hughes, one of the world’s largest oilfield services companies. The agreement represents a total of 3 million tons of barite to be delivered at 220,000 tons per year. At current prices, it represents hundreds of millions of dollars over a 13-year period.
For more information on Mabwe Minerals, visit www.dtg.fm/MBMI-Presentation
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Dragon Capital Group, Inc. (DRGV) Net Income Doubles, Accelerated Performance Anticipated
Dragon
Capital Group, a holding company of emerging high-tech companies in China,
today reported its financial results for the second quarter and first six
months of 2013 ended June 30, 2013.
Q2
2013 revenues totaled $5.0 million compared to $4.7 million recorded for the
same quarter a year earlier. The company attributed the majority of the
increase to a rebound in sales of office equipment at its Shanghai Zhaoli
Technology Development Co., Ltd. (“Zhaoli”) as uncertainties associated with
China’s governmental succession in 2012 abated. Gross margins were reported at
3.2%, approximately a percentage point lower compared to Q2 2012, as a result
of a challenging pricing environment and efforts associated with the launch of
the Gas GIS system as well as the launch of mobile applications. Net income
attributable to Dragon Capital Group in Q2 2013 was $25,000 compared to net
income of $37,000 recorded in Q2 2012. Earnings per basic and diluted share for
the second quarter rounded to $0.00 in both periods.
For
the first six months of 2013, revenues decreased year over year, but net income
attributable to Dragon Capital Group increased more than twofold to $119,000
compared to net income of $46,000 recorded in the first six months of 2012.
Earnings per basic and diluted share rounded to $0.00 in both 1H 2012 and 1H
2013.
Dragon
Capital gave the following insight in regards to future outlook, “Management
continues to see improving performance trends for the remainder of 2013. Sales
at Zhaoli have rebounded as anticipated and new business coming from planned
second half software launches at our Yazheng and Zhiye subsidiaries are
expected to bolster results. Yazheng offers gas line monitoring software to
maximize the efficiency and repair of utility gas lines while Zhiye offers
mobile solutions for Android, Windows Mobile and Apple’s iOS. Zhiye has been
working to develop a mobile programming solutions platform to enable
application developers in China to easily and efficiently develop and modify
applications to work across the most popular mobile operating systems in
China.”
At
June 30, 2013, total assets were $9.5 million and shareholder equity was $7.3
million with 492,735,578 common shares outstanding. At December 31, 2012, total
assets were $9.1 million and shareholder equity was $7.0 million with
492,735,578 common shares outstanding. Working capital was $7.9 million at June
30, 2013, compared to $7.5 million at December 31, 2012.
Mr.
Lawrence Wang, Chairman and CEO of Dragon Capital Group, commented, “We are
very pleased with our overall performance for the first half of 2013 as sales
at Zhaoli have rebounded as anticipated and our higher margin software businesses
are poised to gain momentum with planned launches. We are confident in our
belief that revenues from our gas monitoring contracts and success in current
contracts up for bid will lead to a substantial increase in performance in the
second half of the year. Additionally we see application launches at Zhiye
driving further top and bottom line growth. We have consistently maintained our
profitability while creating a springboard for sustainable top and bottom line
growth in the coming years for the benefit of our stockholders.”
For
more information, visit www.dragoncapital.us
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