June 2010 - Page 12 of 35

MondayJun 21, 2010 8:49 am

Global Axcess Corp. (GAXC.OB) Signs New Credit Line

Global Axcess Corp. announced that it has signed a new credit line with Fifth Third Bank to help fund growth in the company's self service kiosk business and cut the cost of debt to the company. The credit line totals $17 million, comprised of a term note, a draw note and an equipment line. The term note totals $5 million, and has a term of three years. The proceeds will be used to pay off the company’s balances with two other banks. The draw note totals $2 million and has an 18-month amortization. Global Axcess Corp said that the proceeds…

MondayJun 21, 2010 8:46 am

Diamond Ranch Foods (DRFO.OB) Announces Acquisition of Executive Seafood Accounts

Diamond Ranch Foods Ltd., a highly strategic food group distributor and processor of a broad selection of the finest quality meats, poultry, seafood and foodservice items, recently announced that the company has completed the acquisition of the client accounts of Executive Seafood, a premiere seafood wholesaler. Executive Seafood established its success by serving many of the most upscale restaurants and country clubs in the tri-state area. Operating out of the largest food distribution center in the world, Hunts Point Food Distribution Center in New York City , the company has direct access to numerous seafood retailers, supermarkets, hotels, catering operators,…

MondayJun 21, 2010 8:18 am

AcuMedSpa Holdings, Inc. (AMSZ.PK) Video Chart for Monday, June 21, 2010

AMSZ made a great move on Friday and met some strong resistance at the 50 day moving average. Overall, it looks to have found a true bottom and is trying to continue the uptrend. Please click the following link: http://www.qualitystocks.net/videocharts.php?chartvid_id=422 Let us hear your thoughts below:

MondayJun 21, 2010 7:52 am

Cellceutix Corp. (CTIX.OB) Research on Kevetrin Showing More Great Results in Destroying Cancer Cells

Cellceutix announced more research data this morning on studies done with Kevetrin™, their leading compound for the treatment of specific stains of multi-drug resistant breast, lung and colon cancers. This series of testing was focused on Kevetrin affecting the life cycle of a specific lung cancer cell and was conducted by the Cellceutix research team at a major cancer hospital in Boston. The data revealed that Kevetrin had a 78% effective rate of G2/M arrest and a 66% increase in apoptosis. To understand the significance of this data, it is important to know what portion of a cell’s life cycle…

MondayJun 21, 2010 7:21 am

VizStar, Inc. (VIZS.OB) Announces Commencement of Trading following Successful Acquisition of Celestial Jets

VizStar, Inc., an upscale air charter transportation broker, this morning announced the final closing of merger with Celestial Jets, a nationwide air charter service provider offering private, point-to-point luxury air travel to the corporate community. The company's common stock is now being traded on the over the counter markets under the symbol "VIZS." Offering service that goes much further than just the flight, VizStar offers chauffeured limousine pickup with planeside drop-off, world-class catering, hotel and resort accommodations, and restaurant reservations, in addition to technical support, accounting, legal, or secretarial services, spa treatments, event planning, and childcare. Leaving no detail to…

FridayJun 18, 2010 3:25 pm

Celestial Jets Announces Merger and Acquisition of VizStar, Inc. (VIZS.OB)

VizStar, Inc., an upscale air charter transportation broker, today after the closing bell announced that the final proceedings have come to a successful close for the merger with Celestial Jets, a nationwide air charter service provider offering private, point-to-point luxury air travel to the corporate community. According to the press release, Celestial Jets will be doing business as VizStar, Inc. during the transition. Celestial Jets, dba VizStar, Inc. is a full service private aviation company focused on providing luxury at 30,000 feet. Leaving no detail to chance, it offers chauffeured limousine pickup with planeside drop-off, world-class catering, hotel and resort…

FridayJun 18, 2010 2:41 pm

AmbiCom Holdings Inc. (ABHI.OB) is “One to Watch”

Headquartered in San Jose California, AmbiCom Holdings is a leading designer and developer of wireless products within the wireless medical industry. The company's wireless modules and devices are based on innovative application software for both Wi-Fi and Bluetooth technologies. Committed to wireless design and development of software and hardware, as well as bringing new and innovative products to the wireless medical markets and other sectors, AmbiCom plans to grow organically while augmenting that growth by selectively acquiring complementary products and technologies. AmbiCom was founded in 1997 in the heart of Silicon Valley. The company delivers its medical device OEM modules…

FridayJun 18, 2010 1:37 pm

Endeavour International Corp. (END) Creates North American Management Team to Energize Shale Resource Play Activity

Endeavour International Corp., www.endeavourcorp.com, is a developer of oil and gas reserves targeting the North Sea and US with a strategy of acquisition, exploration and, most importantly, production. The Company disclosed operational expansion of its US management team recently in order to deal with its rapidly expanding asset base and the sheer volume of activity in shale resource plays. From the new technical and commercial base of operations in Denver, the leadership group will master the complex and challenging tasks of current hydrocarbon exploration and development: • Executive VP North America, James J. Emme (to whom the others will report)…

FridayJun 18, 2010 1:34 pm

ONE Bio Corp. (ONBI.OB) Signs Distribution Agreement with Two Chinese Supermarket Chains

ONE Bio, Corp., www.onehcorp.com, leverages patented green manufacturing processes to create valuable chemicals and herbal extracts for the booming Asian Pacific health sector that promotes youthful, slim and vigorous lifestyles. The popularity of health foods in the Asia Pacific market, combined with China’s economic growth, is an ideal environment for the Company to distribute its organic vegetable and fruit products. Capitalizing on this opportunity, ONBI, via subsidiary United Green Technology, Inc. (UGTI), has signed two distribution agreements through its Chinese operating unit with supermarket chains in the Asia Pacific region that will put the products into over 20 locations. Veteran…

FridayJun 18, 2010 1:29 pm

ImaRx Therapeutics Inc. (IMRX.OB) Switches Gears to Emerge as Entertainment Company Sycamore Films Inc.

ImaRx Therapeutics Inc. today announced its transformation into a diversified entertainment company as a result of the acquisition by Sycamore Films Inc. shareholders. Sycamore specializes in the acquisition, marketing and worldwide distribution of feature-length motion pictures. The company leverages its position with its established relationships to provide publicity, promotion, media buying, theatrical placement and print and advertising financing. "We are very excited at the opportunity to harness the power of Wall Street with the distribution wisdom and creative marketing techniques of our veteran team of entertainment marketing executives," stated co-founder Edward Sylvan. Edward Sylvan will serve as the company’s chairman…

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Month: June 2010