June 2010 - Page 16 of 35

WednesdayJun 16, 2010 12:35 pm

Ruby Creek Resources, Inc. (RBYC.OB) Acquires Exclusive Mining Rights to Entire Mkuvia Gold Project

Ruby Creek Resources, Inc., www.rubycreekresources.com – the mineral exploration and recovery firm, announced expansion of its operations in Tanzania today via acquisition of exclusive mineral and mining rights to the entirety of the Mkuvia Gold Project. Adding 225 square kilometers to the previously acquired 125 sq km ($3M, closed March 2010) already operated by RBYC’s 70%-owned joint venture, Ruby Creek Resources (Tanzania) Limited, the signing of this $6M purchase agreement with Douglas Lake Minerals Inc. gives the Company control of the entire 380 sq km of the Mkuvia Gold Project. Remaining ownership of the joint venture, RBYC Tanzania Ltd., is…

WednesdayJun 16, 2010 12:25 pm

Simulated Environment Concepts, Inc. (SMEV.PK) – A Story Of Remarkable Growth

Simulated Environment Concepts Inc. has expanded tremendously since the company’s inception only a few short years ago. Early investors in the company have experienced unbelievable returns (take a look at share price over the past year), and all signs suggest that this is just the beginning of a worldwide expansion. How have they done it? You might call it the perfect storm, an almost ideal mix of product, market, and management, that has turned the dream of two Florida doctors into a potential economic hurricane. All of it started when Dr. Ella Frankel and Dr. Ilya Spivak began to recognize…

WednesdayJun 16, 2010 10:35 am

Neurocrine Biosciences Inc. (NBIX) Offers a Solid Product Pipeline and a Probable $575 Million Development Deal with Abbott Labs

One of the real tricks to investing in the bioscience sector is finding a company with a solid research arm, solid relationships with big pharma and a solid product pipeline that is ready to pump out product at regular intervals. If one can do this, a profit will most likely be had. Neurocrine Biosciences Inc., a developer and commercialize of endocrine and neurological based pharmaceutical products, works to develop and commercialize a wide variety of products. The company currently has several products in phase II FDA testing and several others that have received FDA indicators with positive approval status (with…

WednesdayJun 16, 2010 8:07 am

Cardium Therapeutics Inc. (CXM) Video Chart for Wednesday, June 16, 2010

CXM is a requested video chart and a lesson in technical analysis. While some of the indicators are bearish, the chart is still a viable play as it is holding a nice double bottom at this point. Please click the following link: http://www.qualitystocks.net/videocharts.php?chartvid_id=419 Let us hear your thoughts below:

WednesdayJun 16, 2010 7:36 am

GigOptix Inc. (GGOX.OB) to Apply to NYSE Amex for Listing of Common Stock

GigOptix Inc. manufactures high-performance electro-optic components for fiber-optic systems. The company yesterday announced it has received clearance from the NYSE Amex stock exchange to apply for listing of its common stock. Approval is granted after meeting various requirements, including the completion of the pending underwritten public offering, as well as GigOptix' continued compliance with other regulatory conditions, including maintaining a minimum common stock price requirement of $3. GigOptix has reserved the ticker symbol "GIG” for trading on the NYSE; the company’s common shares will continue to trade on the OTCBB under the symbol "GGOX" until the company meets all of…

WednesdayJun 16, 2010 7:34 am

Almaden Minerals Ltd. (AAU) 2010 Exploration Program at Wholly Owned Elk Project Underway

Almaden Minerals Ltd. announced yesterday that the 2010 exploration program at the Company's wholly owned Elk project is now underway. Geologist Robert Alexander, P.Geo. will supervise the 2010 exploration program. He has more than 30 years of experience as an exploration geologist. In fact, a major portion of this experience relates to gold deposits globally with geologic similarities to the Elk deposit. The first $C1.5 MM stage of this year's work program at Elk will include further infill and step-out drilling within the resource area, and a preliminary economic evaluation on the deposit. It will also include exploration of several…

WednesdayJun 16, 2010 7:31 am

BioSolar, Inc. (BSRC.OB) Announces Manufacturing Supply Agreements with Plastics Compounders and Film Extruders

BioSolar, Inc., a developer of breakthrough technology to produce bio-based materials from renewable plant sources, recently announced new manufacturing supply agreements with plastics compounders and film extruders that will enable the company to deliver higher performance and less expensive bio-based backsheet for PV solar panels. The company’s unique BioBacksheet™ protective backing is designed to replace current expensive and environmentally hazardous petroleum-based backsheets. The primary material for the commercial grade BioBacksheet™ is a durable polyamide resin made from castor beans, which is then compounded with a secondary non-petroleum material to form a unique and highly durable PV backsheet film that is…

WednesdayJun 16, 2010 7:29 am

Cytori Therapeutics (CYTX) Secures $20 Million Loan Facility

Yesterday, Cytori Therapeutics announced that it has entered into a secured loan facility from GE Capital, Healthcare Financial Services, Oxford Finance Corporation and Silicon Valley Bank. The loan, funded June 14, 2010, is worth $20 million. The loan term is three years at 9.9% with principal repayments deferred for ten months. Cytori will use $4.4 million of the proceeds to refinance a 2008 loan with GE Capital, Healthcare Financial Services and Silicon Valley Bank. Additionally, Cytori will issue warrants to the lenders to purchase 101,266 shares of its common stock for $3.95 per share. Cytori will use the funds to…

TuesdayJun 15, 2010 1:53 pm

Kingtone Wirelessinfo Solution Holdings Ltd. (KONE) Retains Christensen to Assist Its Investor Relations Efforts

Kingtone Wirelessinfo Solution Holdings Ltd. is a leading China-based software and solutions developer focused on wirelessly enabling businesses and government agencies to more effectively manage their operations. The company's products, known as mobile enterprise solutions, extend an enterprise's information technology systems to include mobile participants. The company announced today that it has retained Christensen to design, facilitate and execute its investor and media relations programs. Christensen is well-respected and has extensive global investor relations expertise. It has successfully assisted many China-based, US-listed companies to achieve fair stock market valuations and strengthen brand recognition in the global capital markets and in…

TuesdayJun 15, 2010 1:50 pm

Funtalk China Holdings Ltd. (FTLK) Reports Large Increase in Fiscal 2010 Net Income

Funtalk China Holdings Ltd. reported net income of $13.7 million, or $0.27 per diluted share, in the fourth quarter of fiscal 2010. The company earned net income of $2.6 million, or $0.06 per diluted share, in the same quarter of fiscal 2009. Funtalk China Holdings Limited also reported a large increase in net income in fiscal 2010 over last year. The company earned net income of $31.8 million, or $0.63 per diluted share, in fiscal 2010, compared to net income of $20.1 million, or $0.45 per diluted share, in fiscal 2009. Sales increased by 50% during the same time frame,…

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Month: June 2010