April 2009 - Page 22 of 24

ThursdayApr 02, 2009 11:48 am

Tower Bancorp, Inc. (TOBC.OB) Approved to List on Nasdaq Stock Exchange

This afternoon, Andrew Samuel, president and CEO of Tower Bancorp, Inc., announced that the company’s common stock has been approved for listing on the NASDAQ Global Market under the symbol “TOBC.” It is anticipated that the stock will begin trading on the NASDAQ Global Market next Monday. “We are proud to have fully met the stringent financial and liquidity requirements, and to have satisfied the corporate governance standards for listing on the NASDAQ,” commented Samuel. “Obtaining this listing is a significant milestone for our organization and our shareholders, and will provide greater liquidity as well as further assist in deepening…

ThursdayApr 02, 2009 11:45 am

Nitro Petroleum Inc. (NTRO.OB) Announces Appointment of New Chief Financial Officer

Nitro Petroleum announced today that it has chosen Shane Broesky to serve in the position of Chief Financial Officer. Mr. Broesky has also been elected to the Nitro Board of Directors. He brings an extensive business background which includes management positions in many private corporations involved in sales, computers, and public relations. Broesky is currently the principal of a private investment firm focused on raising capital and operational funding for oil and gas entities. Larry Wise, President of Nitro, stated, "The addition of Shane as Chief Financial Officer and Director will be very significant and strategic to Nitro. His strong…

ThursdayApr 02, 2009 11:04 am

GreenChek Technology, Inc. (GCHK.OB) Has a Strong Hold on the Future

GreenCheck Technology, Inc. is working hard to secure a bright future, and not just for itself. The San Francisco based emissions reduction technology company has latched on to a technology that offers multiple benefits to future generations, while ensuring itself a profitable place at the table. The technology is the rapidly growing field of Onboard Hydrogen Generation and Injection, OHGI, and it represents a unique way of dealing with the many problems brought on by the use of fossil fuels. OHGI is drawing a lot of attention due to its many beneficial features related to vehicle emission reduction. • Reduces…

ThursdayApr 02, 2009 8:42 am

NXT Nutritionals Holdings Inc. (NXTH.OB) Announces Sweet Sales Report on Healthy Dairy Yogurt Smoothies

NXT Nutritionals Holdings Inc. develops and markets proprietary, patent-pending healthy natural sweeteners, aimed at satisfying that sweet tooth without sacrificing the waistline. The company today announced the gross sales from its all-natural Healthy Dairy Yogurt smoothies, posting a 500 percent increase from last year. Gross sales for the smoothies hit approximately $2 million for fiscal 2008, which the company attributes to the introduction of its products into several thousand stores scattered throughout 14 states on the East Coast. According to the company, the drinkable yogurt market represents 6 percent, or $221 million, of the $3.5 billion yogurt market. Michael McCarthy,…

ThursdayApr 02, 2009 7:55 am

Perf Go Green Holdings Inc. (PGOG.OB): Providing Consumers with an Ever-Expanding Line of Environmentally-Friendly Products

While most consumers understand the environmental issues related with plastic products, they continue to use plastic products on a daily basis. However, there is a company that is on a mission to provide consumers with an earth-friendly plastic option. Perf Go Green Holdings, Inc. (PGOG.OB) is a New York-based company focused on developing and manufacturing biodegradable plastic products. The company is pleased to announce today that it has completed the delivery of a $500,000 re-order of Perf Go Green biodegradable trash bags to a major pharmacy chain. Since it was founded in November 2007, the management team has made a…

ThursdayApr 02, 2009 7:47 am

Energy Composites Corp. (ENCC.OB) Plans to Build Blade Factory

Energy Composites Corporation uses advanced composite materials to design, engineer and manufacture complex composite structures, vessels and processing systems for a range of clean-tech applications. These applications include uses in areas such as wind energy, waste water, power plants - utilities, pulp, mining and petrochemical industries. Energy Composites has announced that it has signed a letter of intent with the city of Wisconsin Rapids, Wisconsin to acquire a 54 acre parcel of land for the purpose of building a 350,000 square foot composites fabrication plant for manufacturing wind turbine blades. The company already has an automated 73,000 square foot climate-controlled…

ThursdayApr 02, 2009 7:45 am

MDRNA Inc. (MRNA) Sells Manufacturing Operation to Find Focus in Core RNA Research

A company that lacks focus and operates randomly in a market, without proper ability to find customer satisfaction, will find lower profit potential. Companies that can understand their core abilities, and perform up to expectation, will ultimately thrive and profit. MDRNA Inc., a development stage biotechnology research company, works to find RNAi- related compounds for use in a variety of pre-clinical trial applications. The company has recently sold non-core manufacturing facilities and responsibilities, related to its manufacturing facility, to return to its true research focus and customer supply relationships. The sale of MDRNA’s manufacturing facility and related responsibilities to Par…

ThursdayApr 02, 2009 6:27 am

Reed’s, Inc. (REED) Partners with Odom Corporation

Reed's, Inc. announced in a press release today that it has formed a partnership with Odom Corporation. The Odom Corporation is currently distributing Coca-Cola, Miller Beer and Coors Beer products, along with many other beverages, in three states - Alaska, Washington and Northern Idaho. Neal Cohane, Senior VP of Sales & Marketing commented, "Odom is an important distribution partner for Reed's in the Pacific Northwest region. With a team of more than 1500 associates in this market, Odom will substantially strengthen our presence in all channels of business." He added, "The Pacific Northwest is growing into an extremely important market…

ThursdayApr 02, 2009 6:22 am

SNAP Interactive, Inc. (STVI.OB) Reports 2008 Financial Results

Before the opening bell today, SNAP Interactive, Inc. reported its operating results for the fourth quarter of 2008 as well as the full year. Revenue increased dramatically from $389,181 for the fourth quarter of 2007 to $1,087,144 for the fourth quarter of 2008, a 179% increase. For the full year, revenue increased from $424,564 in 2007 to an astounding $3,011,627 for 2008, a 609% increase. Net Income also improved substantially, going from a loss of $914,997 for 2007 to income of $796,960 for 2008. Based on the weighted average number of shares outstanding during the period, SNAP reported net income…

ThursdayApr 02, 2009 6:09 am

BioNeutral Group, Inc. (BONU.OB) Launches a New Ogiene™ Formulation to Safely Remove Graffiti

BioNeutral Group, Inc., a chemical technology-based Life Science company focused on commercializing a novel combinational chemistry-based technology, announced today that it has introduced a new Ogiene™ GR formulation that is designed to quickly and safely remove graffiti on various surfaces such as buildings, fences, landmarks, bridges and highways. The formulation can be applied directly from the container or by commercially available spraying units for large surfaces. "Graffiti is a blight on neighborhoods, public transportation and a contributing factor in reducing real estate values and increasing crime. In fact, when former Mayor Giuliani took office, the administration found that removal of…

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Month: April 2009