January 2009 - Page 5 of 19

MondayJan 26, 2009 10:06 am

Beacon Power Corp. (BCON) and National Grid Enter Agreement to Evaluate Flywheel Technology for Grid Applications

In today’s news, Beacon Power Corp. announced that it has signed an information sharing and performance evaluation agreement with National Grid (NYSE: NGG), an energy utility company with a market cap of more than $22 billion. National Grid will evaluate Beacon’s flywheel energy storage systems for fast-response frequency regulation, as well as wind-related ramp mitigation – a potentially large-scale grid stability application. Beacon will work with National Grid to predict future increases in the demand for regulation capacity resulting from greater deployment of wind power. The companies will also work together to develop an optimal control algorithm for Beacon’s fast-response…

MondayJan 26, 2009 9:16 am

Keep Visualant Inc. (VSUL.OB) on Watch!

Visualant, Inc. is dedicated to capitalizing on the extensive business opportunities in national security, document forgery/fraud, brand protection, label fraud and product tampering. Each of these segments has security vulnerabilities that cost businesses billions of dollars each year. The modern world demands solutions that will increase the safety and security of our country, its citizens, and the world. Fraud, forgery, and counterfeiting have become big business. Detecting fraud is difficult, making it easy for counterfeiters and terrorists to take advantage of antifraud systems’ serious limitations. Fraud and legitimate behavior continually change, so protection systems that cannot evolve easily quickly become…

MondayJan 26, 2009 7:43 am

New Research Report Features Kraig Biocraft Laboratories, Inc. (KBLB.OB)

Today, Kraig Biocraft Laboratories, Inc. announced that a new research report featuring the company has been published by Emerging Growth Research, LLP. The comprehensive report provides an overview of the company as well as updates investors on recent activities. Kim K. Thompson, CEO of Kraig Biocraft commented, “We have been making significant progress in the laboratory toward the aim of producing new spider silk based fibers and textiles. We recently announced the scientific team successfully achieved the activation of florescent gene marker sequences, which the researchers incorporated into spider silk DNA packets. This was a major milestone for the Company.…

MondayJan 26, 2009 6:45 am

Thresher Industries, Inc.’s (THRR.PK) Advantageous Nautilus Core System

Thresher Industries’ Nautilus Core System is a unique method of producing cores for use in aluminum and magnesium casting. The cores can be removed with very little effort via high pressure steam or water, is biodegradable and can be located in areas not viable for sand or foam core. Ongoing development of this process is anticipated to result in greater customer satisfaction and the ability to bring this technology to a price sensitive market place. The core can withstand virtually any die cast process pressures and temperatures of up to 1380 degrees F. Having the appearance of a high quality…

MondayJan 26, 2009 6:24 am

A Look at Enterprise Oilfield Group Inc.’s (TSX: E) Successful History

Enterprise Oilfield Group is focused on utilizing a comprehensive business plan to acquire regionally independent pipeline construction and complimentary service companies operating in the Western Canadian Sedimentary Basin (WCSB). In Summer of 2005, the company acquired the highly successful A.G. Grant Construction located in Slave Lake, Alberta. AG is an established pipeline construction firm operating for more than 35 years. In April of 2006, Enterprise acquired Trevor King Oilfield Service located in Wainwright, Alberta. Maintaining a focus on pipeline construction, Trevor King Oilfield was founded in 1994. The company has experienced incredible growth over the past several years and has…

MondayJan 26, 2009 5:59 am

Monitoring Sector 10, Inc.’s (SECT.OB) Patent Activity

Having already been recently issued Patent 7188846 by the United States Patent and Trademark Office for a Mobile Safety Compliance Apparatus, Sector 10 is seeking additional patent protection in its current application with the publication number US2007/0278757. Both the issued patent and pending patent application focus on creating a “portable health and safety compliance apparatus having compartments for storage, waste disposal, and a water system for cleaning, and washing.” The value added over the prior art essentially boils down to the notion that this all-in-one health maintaining device can 1) operate outdoors, and 2) be portable. This patent activity strengthens…

FridayJan 23, 2009 9:03 am

Hunt Gold Corp. (HGLC.PK) Announces Sale of “Lookout Silver” Mine

Today, Hunt Gold Corp. announced that it has met the terms required to sell its "Lookout Silver" Project by staking six additional mining claims at its "Lookout Silver" Project in Arizona. The land package now includes lode claims on three vein systems that have been historic producers of silver and other metals. According to the press release, the company has added another 1,000+ feet on the Silver Belt vein, which nearly doubles the 1,200 feet the company already had on its "Lookout Silver Project" lode claim. Hunt Gold also added almost a mile to its lode claims along the Kit…

FridayJan 23, 2009 8:34 am

EZCORP, Inc. (EZPW) Recognizes Positive Fiscal 2009 First Quarter Results

Yesterday after the closing bell, EZCORP, Inc. announced that its net income for the quarter ended December 31, 2008 increased 18% to $14,828,000 ($0.33 per share) from the prior year’s $12,555,000 ($0.29 per share). Included in the figure is an unusual pre-tax charge of $1,110,000 ($0.02 per share) related to a 1998 stock option grant. Not including this charge, the company earned $0.35 per share compared to $0.29 in the prior year quarter, an increase of 21%. Last month, the Company acquired 67 stores from Value Financial Services for a purchase price exceeding $100 million. The company issued approximately 4,072,000…

FridayJan 23, 2009 8:26 am

Geron Corp. (GERN) Gains FDA Clearance to Begin World’s First Human Clinical Trial of Embryonic Stem Cell-Based Therapy

History was made today as Geron Corp. announced that the U.S. Food and Drug Administration (FDA) has granted clearance of the company’s Investigational New Drug (IND) application for the clinical trial of GRNOPC1 in patients with acute spinal cord injury. This unprecedented clearance enables the company to move forward with the world’s first study of a human embryonic stem cell (hESC)-based therapy in man. “The FDA’s clearance of our GRNOPC1 IND is one of Geron’s most significant accomplishments to date,” stated Thomas B. Okarma, Ph.D., M.D., Geron’s president and CEO. “This marks the beginning of what is potentially a new…

FridayJan 23, 2009 7:44 am

Horizon Bancorp (HBNC) Reports Record Earnings for 2008

Horizon Bancorp today announced its unaudited results for the fourth quarter and year ended December 31, 2008. Net income for the year was $8.972 million, or $2.75 per fully diluted share, compared to $8.140 million, or $2.51 per fully diluted share, for the previous year. Net income for the fourth quarter of 2008 was $2.122 million, or $.64 per fully diluted share, compared to $2.010 million or $.62 per fully diluted share for the same quarter of the prior year and $1.373 million, or $.41 per fully diluted share, for the third quarter of 2008. Craig M. Dwight, Horizon’s Chief…

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Month: January 2009