June 2010 - Page 14 of 35

ThursdayJun 17, 2010 3:44 pm

Green Energy Live, Inc. (GELV.OB) Acquires Peck Electric as Wholly Owned Subsidiary with Strong Footing in Clean Energy Industry

Green Energy Live Inc., a clean energy company engaged in the development of sustainable biomass-to-energy conversion solutions for the U.S. livestock industry, today announced it has extended its letter of intent to acquire 100 percent of the stock of Peck Electric Inc., Vermont's leading provider of electrical contracting services. Green Energy Live noted that Peck has been successful in maintaining and accelerating its electrical services business with strong and consistent revenue, longstanding relationships with key customers, and has taken advantage of opportunities for expansion within the clean energy industry. Peck’s workforce has experience in all aspects of electrical wiring for…

ThursdayJun 17, 2010 3:42 pm

MKTG Inc. (CMKG) to Voluntarily Delist from Nasdaq to OTCBB

MKTG INC, a NY-based alternative media and marketing services company, recently reported that trading in its common stock is expected to move from the Nasdaq Capital Market to the OTC Bulletin Board effective June 25, 2010. The voluntary decision rests on the fact that the company is in not in compliance with Nasdaq's rules that it maintain a minimum bid price of $1; in response, the company today notified the Nasdaq Stock Market of its intent to voluntarily delist its common stock from Nasdaq, and announced that it will file a Form 25 with the Securities and Exchange Commission to…

ThursdayJun 17, 2010 3:40 pm

Kun Run Biotechnology (KURU.OB) Obtains Marketing Approval for Hepatitis-B Treatment from China State Food and Drug Administration

Kun Run Biotechnology Inc., a leading bio-pharmaceutical company in China engaged in manufacturing and sales of peptide-based and small molecule drugs, today announced it has received the manufacturing approval for Entecavir from the China State Food and Drug Administration (SFDA). Entecavir is an oral antiviral drug used in the treatment of Hepatitis-B infection. The drug received U.S. Food and Drug Administration (FDA) approval on March 30, 2005 for the treatment of chronic Hepatitis-B infection in adults. The SFDA gave Hainan Zhonghe Pharmaceutical approval to produce Entecavir tablets under the brand names HeDing and HeEn on May 26, 2010, making it…

ThursdayJun 17, 2010 3:39 pm

Blue Dolphin Energy Company (BDCO) Acquires Interest in Offshore Indonesian Field

Blue Dolphin Energy Company announced that the company has acquired a 70% working interest in a Technical Assistance Contract (TAC) covering an offshore exploration field in Indonesia. The deal closed on June 1, 2010. The Langsa offshore block comprises 77 square kilometers, and is located in the Sumatra Basin, Indonesia. The company said that 4 wells have been drilled to date in this block, with 1 well active and 3 idle at the current time. Blue Dolphin Energy Company said that the one working well on the block is currently producing 620 barrels oil equivalent (BOE) per day, with proved…

ThursdayJun 17, 2010 3:37 pm

Lucas Energy, Inc. (LEI) Acquires Additional Acreage in Texas

Lucas Energy, Inc. announced that the company has acquired additional oil and gas producing acreage in the Eagle Ford Shale in South Texas. The company said that it would focus on the Buda and Austin Chalk formations on this acreage. Lucas Energy, Inc. bought the properties from several different sellers and acquired nine producing wells in the transaction. The company has already deployed a workover rig to help boost production from these wells. William A. Sawyer, the CEO of Lucas Energy, Inc., said, “The acquisitions continue our business plan model to acquire and re-enter old wells and put them back…

ThursdayJun 17, 2010 1:07 pm

Neurocrine Biosciences (NBIX) and Abbott (ABT) Team Up to Commercialize Novel Endometriosis/Uterine Fibroid Drug Elagolix

Abbott, www.abbott.com - one of the undisputed global health care leaders with proficiencies in pharmaceuticals, nutritionals, diagnostics and devices, and Neurocrine Biosciences, Inc. (NBIX), www.neurocrine.com – the biopharma developer focused on endocrine and neurological disease/disorders, announced entry into a collaborative agreement for developing and bringing the new endometriosis-related pain treatment, Elagolix, to full commercialization. Elagolix is a gonadotropin-releasing hormone (GnRH) antagonist which inhibits receptors in the pituitary gland, giving it a unique functionality as an estrogen delimiter which is able to relieve symptoms without the typical adverse side effects. Elagolix is a first-in-class oral 8 preparation which has shown pain…

ThursdayJun 17, 2010 1:04 pm

Lucky Boy Silver Corp. (LUCB.OB) Results for Black Butte Indicate Favorable Gold and Silver Concentrations

Lucky Boy Silver Corp., the metals and energy exploration company currently developing gold and silver assets in Western Nevada, announced favorable results for preliminary phase evaluations of gold and silver mineralization at one of its recently acquired mine leases. The Company’s Black Butte Silver Mine is a historic mine lease with great potential for gold and silver resources located in Western Nevada’s Mineral County, right in a major northwest-southeast-trending zone with a variety of proven precious and base metal depositions, and geothermal activity, known as the Walker Lane Mineral Belt. Since acquisition of the Black Butte site, exploration has produced…

ThursdayJun 17, 2010 10:40 am

Cannabis Science, Inc. (CBIS.OB) Announces Its Next Acquisition

Cannabis Science Inc. is a pioneering US biotechnology company working with global authorities to develop pharmaceutical cannabis products. The company announced today that it is acquiring one of the leading medical marijuana providers and pioneers in the industry in the state of Montana – Montana Pain Management Inc. Montana Pain Management is a for-profit clinic which, in conjunction with duly licensed caregivers, provides a full range of cannabis therapeutics and other services to its patients throughout the state of Montana. It is unique in its dealing with the Department of Health & Human Services for the state of Montana's Medicaid…

ThursdayJun 17, 2010 10:37 am

Uranium Energy Corp (UEC) is Riding the Uranium Wave

Uranium Energy Corp., a Texas based exploration and development company focused on uranium production in the U.S. using advanced on-site recovery methods, is capitalizing on the world’s first significant alternative energy boom. The market cycle for uranium has, until recently, been largely depressed due to the virtual freeze on nuclear power station construction. Today, however, with increasing pressures against the use of fossil fuels, uranium is seen as a viable alternative, offering a well-understood, safe, efficient, and emission free source of reliable energy. Throughout the world, nuclear power is on the rise, with China, India, and Russia alone moving forward…

ThursdayJun 17, 2010 10:14 am

Socialwise (SCLW.OB) Division, BillMyParents®, Signs Deals with Several Major Action Sports Retailers

BillMyParents®, the online teen payment solutions division of Socialwise, Inc., announced today that they are partnering with three major action sports retailers for their Supervised Shopping™ program. BillMyParents has been selective in demographics when selecting partnerships as they are targeting sites where teens browse and shop online. The retail partners represent over $1 billion in annual sales from millions of online consumers and over 900 retail locations nationwide. As part of the agreement, the retailers will promote BillMyParents to their existing consumer base which is expected to generate 20 million impressions per month for the BillMyParents branded shopping buttons. While…

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Month: June 2010