June 2010 - Page 7 of 35

ThursdayJun 24, 2010 12:58 pm

PharmaGap, Inc. (PHRGF.PK) In-Vitro Testing Shows Significant Reduction in Melanoma Cancer Cell Growth

Biotechnology company PharmaGap Inc. today announced 80 percent average growth inhibition in in-vitro trials of its lead cancer drug GAP-107B8 in melanoma testing at Memorial Sloan-Kettering Cancer Center (MSKCC). GAP-107B8 studies have demonstrated the drug as highly cytotoxic to numerous cancer types, including chemo-resistant cancers, in vitro. PharmaGap said its test program at MSKCC will proceed to animal tests, with results expected during the third quarter. Animal testing will allow the company to research and identify various possibilities for the drug. "We are seeing promising results in the melanoma cell line panel, and I am excited to be continuing with…

ThursdayJun 24, 2010 12:57 pm

Universal Security Instruments (UUU) Reports Fourth Quarter and Year End Results

Universal Security Instruments Inc., maker and distributor of safety and security devices, announced an increase in both sales and net income for the fourth quarter ended March 31, 2010. The company reported sales of $6,301,918 for the fourth quarter, compared to sales of $5,928,367 for the comparable period last year. Fourth quarter net income was $468,223 ($0.20 per basic and diluted share), versus net income of $78,150 ($0.03 per basic and diluted share) for the same period last year. Included in last year’s results was income from discontinued operations of $41,767. For the 12 months ended March 31, 2010, sales…

ThursdayJun 24, 2010 9:52 am

Pacific Blue Energy (PBEC.OB) Teams with Siliken Renewable Energy to Construct 15MW Solar Project

Pacific Blue Energy Corp., a solar energy company and developer of renewable energy projects, today announced its partnership with Siliken Renewable Energy to build the Sunshine Solar Farm near Flagstaff, Arizona. The companies will submit a bid to a local utility to develop a 15 MW solar farm on the 154.3-acres site, which can support up to 20 MW of solar electricity generation. Siliken has designed and built some of the world's largest photovoltaic (PV) solar farms, earning its reputation as a leading manufacturer of PV modules for stand-alone and grid-connected installations for residential and commercial projects. The collaboration with…

ThursdayJun 24, 2010 9:51 am

Lightbridge Corp. (LTBR) Announces Revolutionary Nuclear Fuel Technology

Lightbridge Corp., the leading researcher into non-proliferative nuclear fuel technology (thorium-based designs which do not produce weapons-suitable plutonium in nuclear spent fuel), has announced the development of a nuclear fuel technology based on a proprietary all-metal fuel assembly design, offering significantly reduced initial capital and operating costs. The technology is believed applicable to currently operating or new light water reactors as well as small modular reactors. It is also highly synergistic with fast reactor fuel designs. The new all-metal fuel technology could increase power output by 30% compared to reactors using standard oxide nuclear fuel. This could translate into additional…

ThursdayJun 24, 2010 9:48 am

SOKO Fitness & Spa Group, Inc. (SOKF.OB) Announces Grand Opening of Two Strategically Located Fitness/Health Facilities

SOKO Fitness & Spa Group Inc. is an operator of fitness centers, beauty salons and spas in Northeast China as well as suburban Beijing. For the last several months the company has prepared its recent announcement of the opening of two new facilities – the Daoli Fitness and Legend Spa Central Club. The company now holds majority ownership in 13 fitness and spa facilities in Harbin, one of the three largest cities in Northeastern China, a location the company believes to be strategically near its upper-middle class demographic. "Our newest facility openings further expand our presence in what we believe…

ThursdayJun 24, 2010 8:11 am

ICO Global Communications Ltd. (ICOG) Video Chart for Thursday, June 24, 2010

ICOG is in an ascending triangle pattern. Resistance is proving tough in the $1.65 area, but the chart is very bullish overall at this point. Please click the following link: http://www.qualitystocks.net/videocharts.php?chartvid_id=425 Let us hear your thoughts below:

ThursdayJun 24, 2010 8:04 am

Gold Horse International, Inc. (GHII.OB) Announces Appointment of International Business Leader Mr. Noel Robyn to Board of Directors

Gold Horse International, a diversified China-based construction company that also controls and operates a real estate development business and a hotel / banquet facility in Inner Mongolia, recently announced that Mr. Noel “Bud” Robyn has been appointed to the board of directors. With more than 30 years of experience, Mr. Robyn has created over $1 billion in shareholder value and has worked in Germany, France, Mexico, Colombia, Venezuela, Brazil and Argentina in addition to the United States, his native country. During his professional career, Mr. Robyn has served as the president and managing director of the South American division of…

ThursdayJun 24, 2010 8:02 am

Malaga Financial Corp. (MLGF.OB) Gets #1 Thrift Ranking in U.S.

Yesterday, Malaga Financial Corporation announced that it has been ranked the top-performing thrift in the United States. This ranking is for the most recent 12 month period ending March 31, 2010. Malaga Financial Corporation is the parent company of Malaga Bank FSB. SNL Financial ranked the 100 largest publicly traded thrifts. They ranked them according to various performance metrics. They then weighted the rankings and gave each institution a final composite score. The metrics were total assets; core return on average assets (ROAA); core return on average equity (ROAE); three-year compound annual growth rate in tangible book value per share;…

ThursdayJun 24, 2010 7:58 am

VizStar, Inc. (VIZS.OB) Appoints Finance Industry Veteran Sharon Singer as CFO

VizStar, Inc., an upscale aviation charter transportation broker, announced that its Board of Directors has approved the appointment of Ms. Sharon Singer, as the Company’s Chief Financial Officer. Ms. Singer will join the VizStar team effective immediately. With nearly three decades experience in Human Resources across a wide range of industries, Ms. Sharon Singer is recognized as an accomplished professional with strong business acumen. Most recently, she was a senior leader of Human Resources and global director of the training and development team at Credit Suisse and Goldman Sachs. Ms. Singer has consistantly proved that by critically looking at employees’…

ThursdayJun 24, 2010 7:24 am

Tombstone Exploration Corp. (TMBXF.OB) Starts Review of Eagleville’s Large Data File; To Form Exploration Team and Plan Exploration Strategy

Monday of this week, Tombstone Exploration Corp. announced that, through its wholly-owned subsidiary, American Eagle Minerals Inc., the Company closed a lease agreement on the Eagleville property in Mineral County, Nevada. Eagleville is located along the northeast boundary of the Walker Lane structural zone in the Regent-Rawhide Mining District, Mineral County, Nevada. Terms of the agreement include a lease to purchase provision, after the term of the 10-year lease has passed. Through the acquisition of a mid-stage gold exploration project, Tombstone Exploration has the opportunity to immediately utilize a comprehensive database to develop exploration strategies and efficiently apply them. Historically…

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Month: June 2010