WednesdayJun 23, 2010 8:02 am

DDI Industry International Signs Agreement to Proceed with Phase II of the Magnegas Corp. (MNGA.OB) China Initiative

MagneGas Corporation announced yesterday that Beijing-based DDI Industry International (DDI) has signed an agreement to proceed with Phase II of the MagneGas China initiative. DDI will acquire the exclusive MagneGas™ Technology and manufacturing rights for the Greater China market, under the terms of the Phase II agreement. DDI will directly invest $2.0 MM in MagneGas in two installments, and will grant to MagneGas 20 percent ownership in a new China-based Joint Venture, as compensation. This will give MagneGas and their investors a significant and perpetual share of China market operations. DDI has pledged $1.0 MM by June 30, 2010 and…

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WednesdayJun 23, 2010 8:00 am

Pro-Pharmaceuticals, Inc. (PRWP.OB) Receives First Order for DAVANAT® from Leading Pharmaceutical Company in Columbia, South America

Pro-Pharmaceuticals, Inc., a leader in the field of Galectin therapeutics engaged in the discovery, development and commercialization of therapeutics that target Galectin receptors for advanced treatment of cancer and fibrosis, recently announced that the company has received its first purchase order for DAVANAT® from PROCAPS S.A., a large, international pharmaceutical company based in Barranquilla, Colombia. Earlier this year, Pro-Pharmaceuticals granted PROCAPS exclusive rights to market and sell DAVANAT® to treat cancer in Colombia, South America. Under the terms of the agreement, PROCAPS is managing the approval process for DAVANAT® in Colombia. Pro-Pharmaceuticals received a purchase order for $200,000 from PROCAPS,…

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WednesdayJun 23, 2010 7:09 am

VizStar, Inc. (VIZS.OB) Acquires 5 Star Jets; Adds $2 Million in Annual Revenues

VizStar, Inc., an upscale air charter transportation broker, announced after the close yesterday that the company has completed the acquisition of 5 Star Jets. The Westchester-based private jet charter company has over two decades experience in the private aviation and services industry via its principal, William Culpepper. With last year's revenues exceeding $2 million, 5 Star Jets brings immediate profitability and an ever-increasing strength to VizStar. The integration of the two companies have proven to be seamless due to similarities in business structure and pre-existing business relationships. VizStar President and CEO Gary Clyburn Jr. commented, "We are already starting to…

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TuesdayJun 22, 2010 2:24 pm

Arabian American Development Co. (ARSD) Finds Haven with Smart Financial Management

Whether the typical investor likes it or not there are many ways to use the financial system. Governments can regulate all they wants but there will always be methods that will ring out every last penny of profit from any particular sector or segment. How a company goes about it, within the bounds of those regulations, is the key. Get the process right and a profit can be made. Get it wrong and go directly to jail without passing go. The point being that there are many legal ways to go about the process as have been practiced for centuries.…

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TuesdayJun 22, 2010 2:10 pm

Vendum Batteries (VNDB.OB) Commences Trading on OTCBB

The global personal battery industry is estimated at $63 billion and growing. Some industry players say they observe growing favor for non-toxic, biodegradable resources. As such, the future of non-toxic battery technology looks to have high potential. Taking advantage of the opportunities within the battery and green technology industries, Vendum Batteries (VNDB.OB), a battery technology development company, today announced that its common stock now trades on the OTC Bulletin Board. Fraser Cottington, CEO and president of Vendum, said interest and advances in the clean energy industry support the importance of the company’s position trading on the OTCBB. "With the development…

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TuesdayJun 22, 2010 1:56 pm

Alternative Energy Partners, Inc. (AEGY.OB) Signs Exclusivity Deal with Healthcare of Today

Alternative Energy Partners, Inc., www.aenergypartners.com – providers of easily deployable renewable energy systems like the revolutionary, on-site solar-thermal design (via wholly-owned subsidiary Sunarias™ - www.sunarias.com), announced today the successful completion of a deal with healthcare industry-spanning holding company, Healthcare of Today, whereby AEGY will become their exclusive provider for alternative energy. The Company’s products will immediately begin to be utilized throughout the entire network of Healthcare of Today’s subsidiary companies. In addition, the deal calls for a continuous program of introducing and recommending AEGY’s systems to their vast customer base. AEGY is able to provide clean energy solutions below the…

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TuesdayJun 22, 2010 1:51 pm

National Automation Services, Inc.’s (NASV.PK) Secured $5M Equity Financing Commitment

National Automation Services, Inc., www.nasautomation.com – veterans of the automated control systems industry and poised to become a leading provider-of-choice due to their renown for providing reliable design, engineering and installation, disclosed details recently regarding a $5M equity financing commitment obtained from private equity firm Ascendiant Capital Group, LLC, and its affiliate, Ascendiant Equity Partners, LLC. The Nevada-based company, with its subsidiaries in NV and AZ, has quickly built a name for itself since being formed in 2007 from established companies representing 25+ years of industry experience. National Automation may sell shares of common stock to Ascendiant (up to the…

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TuesdayJun 22, 2010 1:46 pm

Carbon Sciences, Inc. (CABN.OB) Turns Greenhouse Gases into Fuel

Carbon Sciences Inc. is a California based company that has developed, and is in the process of patenting, a breakthrough technology that may hold a key to U.S. energy independence, while turning concerns about greenhouse gases upside down. Specifically, Carbon Sciences has come up with an effective way to transform greenhouse gases into gasoline (as well as diesel and jet fuel). The carbon dioxide based gas-to-liquid (GTL) technology is a highly scalable clean-tech process that uses CO2 and natural gas as a resource to produce the longer-chain hydrocarbons commonly found in transportation fuels. The company believes the process could generate…

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TuesdayJun 22, 2010 1:43 pm

Heli Electronics Corp. (HELI.OB) Highlights Expansion Strategy and Marketing Efforts

Heli Electronics Corp., a marketing, distribution and service company of audio-visual products in Mainland China, today detailed its plans and continued efforts to expand its marketing network. The company’s main focus is on the marketing of Haier Electronics’ various electronic products. Haier's offers home theatre systems, mini speakers, multimedia stereo systems, digital disc players and more traditional and modern style stereo systems. Heli utilizes its distribution network and sales channels to drive these products throughout the Mainland China marketplace. Xin Qiu, president and CEO of Heli, said the company’s established and future partnerships with Chinese retailers allow the company to…

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