April 2009 - Page 4 of 24

TuesdayApr 28, 2009 5:18 am

Genta Inc. (GNTA.OB) To Be Granted Two Key European Patents for Genasense®

Genta Incorporated announced that the European Patent Office intends to grant two key patents related to the company’s intellectual property position on Genasense® (oblimersen sodium) Injection. These two patents will provide protection for compositions, sequences, and pharmaceutical uses of Genasense and related compounds that attack Bcl-2, the molecular target of Genasense action. “Genta’s patent estate related to Genasense is extensive, we have detailed plans for securing rapid approval in Europe with positive data this Fall,” commented Dr. Raymond P. Warrell, Jr., Genta’s Chief Executive Officer. “The majority of patients enrolled into the AGENDA trial, a Phase 3 trial of Genasense…

TuesdayApr 28, 2009 5:14 am

Reed’s, Inc. (REED) Partners with Maletis Beverage

Reed's, Inc. announced this morning that it has partnered with Portland, Orego-based Maletis Beverage, an Oregon based distributor that sells a variety of Domestic, Imported and Micro-beers. The distributor's non-alcoholic portfolio includes Rockstar, Crystal Geyser, Newman's Own and now the Reed's and Virgil's product line up. Neal Cohane, Senior VP of Sales & Marketing for Reed's commented, "Partnering with Maletis Beverage is a tremendous opportunity for Reed's. Maletis has ubiquitous reach across one of the largest metropolitan areas in the Pacific Northwest. Growing our brand in mainstream is a key strategy for us, and partnerships with distributors like Maletis will…

MondayApr 27, 2009 3:30 pm

April 27th CEOcast Weekly Newsletter

Companies featured in this edition of the newsletter: ACCP, CBAI, CNLG, DRGP, ICLK, ITUI, IWEB, PSTI, SRRY It was another volatile week on Wall St. as investors sifted through earnings data and digested speculative reports surrounding the government's stress tests on financial institutions which led to a mixed closing for the major indices following the end of trade on Friday. All told, the Dow finished slightly in negative territory, surrendering 55 points on the week to close at 8076, down 0.7% on the week and 8% on the year. The Nasdaq managed to seesaw its way to a gain of…

MondayApr 27, 2009 1:15 pm

Energtek, Inc. (EGTK.PK) Subsidiary Advances First Natural Gas Bulk Transportation Project

Energtek Inc., a leading developer of Adsorbed Natural Gas (ANG) technology, announced today that its subsidiary, Moregastech India Private Ltd., is advancing the provision of natural gas bulk transportation services to industrial consumers in the Bhiwadi industrial area in the Indian state of Haryana using Energtek's proprietary Low-pressure Mobile Pipeline (LMP) bulk transportation technology. Marketing activities in the industrial region have started following advances in the approval process for LMP technology by the Indian authorities. Very positive reactions by customers have been reported by the marketing team as they wait to benefit from the supply of natural gas. The supply requests…

MondayApr 27, 2009 12:36 pm

Kraig Biocraft Laboratories, Inc. (KBLB.OB) Clarifies Stock Dividend Record Date and Ex Date

Kraig Biocraft Laboratories, Inc. confirmed today that the record date for the stock dividend is today, April 27, 2009. It was also noted that the press release of April 23rd contained a typographical error and mistakenly referred to today as the Ex Date. The company instructed stock holders to disregard the April 27 press release as the ex date is currently set as May 28, 2009. Kraig Biocraft also stated in the press release that stock holders who sell their stock today or before the ex date may be selling the right to the distribution. The company advised shareholders to consult…

MondayApr 27, 2009 10:20 am

PURE Bioscience (PURE) Well Positioned to Immediately Respond to Swine Flu Emergency

PURE Bioscience develops and markets technology-based bioscience products that provide solutions to global health challenges. The company's proprietary high efficacy/low toxicity bioscience technologies lead today's global trend toward industry and consumer use of “green” products while providing competitive advantages in efficacy and safety. PURE Bioscience makes silver dihydrogen citrate-based (SDC) antimicrobials. Patented SDC is an electrolytically-generated source of stabilized ionic silver which formulates well with other compounds. As a platform technology, SDC is distinguished from its competitors by its superior efficacy, reduced toxicity and the inability of bacteria to form a resistance to it. PURE Bioscience announced today that its…

MondayApr 27, 2009 10:01 am

ValCom, Inc.’s (VLCO.OB) Subsidiary to Launch Live Interactive Game Show

ValCom, Inc.’s wholly-owned subsidiary, MyFamilyTV, announced earlier today that it will be the exclusive broadcast network to carry "Trivia Live," a live interactive game show, in partnership with Play TV USA LLC. Andy Ford, CEO of Play TV, stated, "This is undoubtedly a very important first step for our entry into the USA TV market, and we are delighted to be working with The MyFamilyTV Network to bring them and their audience, fun, fair and compelling live interactive trivia shows. I'm thrilled to be working with such a fast growing company such as ValCom." MyFamilyTV Executive VP for Programming, Mark…

MondayApr 27, 2009 9:57 am

Peninsula Bank Holding Co. (PBKH.OB) Subsidiary Announces First Quarter Results for 2009

The Private Bank of the Peninsula, a subsidiary of Peninsula Bank Holding Co. (PBKH.OB), announced this afternoon its unaudited financial results for the first quarter of this year. Compared to the same quarter in the previous year, assets increased 30%, loans increased 43%, and deposits increased 26%. Net income for the first quarter totaled $342,000, up 11.4% from the same period in 2008. "We are very pleased to report a profit for the first quarter which can be attributed to some of the initiatives we implemented over the past year," commented Mark D. Mordell, Chairman of the Board. "However, the…

MondayApr 27, 2009 9:45 am

Arrayit Corp. (ARYC.OB) Announces Release of Research Report Establishing $6.49 Price Target

Arrayit Corporation announced today that a 16-page positive research report on the company has been published by one of the nation's leading micro-cap research firms, Grass-Roots-Research. The report can be viewed on the research firm’s website at www.grass-roots-distribution.com The report stated, "We believe that the Company's plan to enter into the molecular diagnostics segment presents a substantial growth opportunity. Arrayit is a potentially lucrative opportunity for risk adverse investors." Grass-Roots-Research established a base case target price of $6.49, which is considerably higher than today's market price of $1.45 per share. Let us hear your thoughts below:

MondayApr 27, 2009 9:03 am

Sector 10, Inc. (SECT.OB) Brings Life-Saving Tools to Ordinary People

Most people can easily recall scenes from a variety of natural and man-made disasters in the last decade. We can all remember the scenes of destruction in 2005 of Hurricane Katrina. Then there are the images that many Americans witnessed live on television the morning of September 11, 2001. As we saw after the tsunami of 2004 and Hurricane Katrina, trained emergency personnel are often overwhelmed by the devastation and the need surrounding them. It can take emergency responders as much as 72 to 96 hours to be fully deployed to an incident. Most responders show up with special equipment…

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Month: April 2009