July 2010 - Page 21 of 31

MondayJul 12, 2010 12:14 pm

Oilsands Quest Inc. (BQI) Updates Bitumen Resource Potential

Oilsands Quest Inc. released an updated assessment of its resource potential at several of its properties in Canada. McDaniel & Associates Consultants Ltd., an independent petroleum engineering firm, performed the assessments. Oilsands Quest Inc. said that the analysis was performed for the company’s properties at Wallace Creek, Axe Lake, Raven Ridge and Eagles Nest. McDaniel & Associates Consultants Ltd. assumed that the company would use Steam Assisted Gravity Drainage to develop the properties. McDaniel & Associates Consultants Ltd. estimated that the company’s properties at Wallace Creek contain discovered resources of between 249 million and 343 million barrels of bitumen, with…

MondayJul 12, 2010 12:11 pm

American DG Energy Inc. (ADGE) Signs Private Placement Deal

American DG Energy Inc. announced that the company has signed a private placement agreement with an institutional investor. The company will receive gross proceeds of $1 million when the deal closes. American DG Energy Inc. sold 400,000 shares of common stock to a single investor at a price of $2.50 per share. The company also awarded the same investor warrants to purchase 400,000 shares of EuroSite Power Inc. EuroSite Power Inc. is a newly formed subsidiary of American DG Energy Inc. that will focus on expanding into the European market. American DG Energy Inc. said that the warrants expire in…

MondayJul 12, 2010 12:05 pm

Industry Attention Turning to Cellceutix Corp. (CTIX.OB) as a Result of Cancer and Autism Research

Since Cellceutix began researching and developing Kevetrin for the treatment of multi-drug resistant cancers, the company's management team knew that they were on to something with great potential. At first, Kevetrin started as a compound that was being developed for head and neck cancers, but when it was discovered in pre-clinical trials that it could possibly be an effective chemotherapy treatment for strains of cancer that we non-responsive to standard therapies today, the realm of humanitarian and shareholder benefits greatly increased. The pre-clinical research required to file an Investigational New Drug (IND) application with the FDA has now been concluded…

MondayJul 12, 2010 11:44 am

Micro Identification Technologies, Inc. (MMTC.OB) Helps Fight the Deadly Bacteria War

All of humankind's destructive technologies are no match for nature's microscopic killers – bacteria. These invisible "bugs" manage to kill several million people a year. Of course, not all bacteria are killers...many are very useful. In fact, there are ten times as many bacterial cells in your body as there are human cells. Many of these bacteria are vital to the life process. Bacteria weren't even known to exist until they were discovered in 1676 by Antonie van Leeuwenhoek, who observed them using a magnifying lens of his own design. And it wasn't until 200 years later that the work…

MondayJul 12, 2010 11:19 am

Oil & Gas Firm Avalon Oil & Gas, Inc. (AOGN.OB) Acquires Attractive Acreage

Avalon Oil & Gas, Inc., www.avalonoil.com – an acquisition and development-focused producer of oil and gas, which also seeks out and refines energy production-enhancing technologies (via majority-owned subsidiary Oiltek, Inc.), entered into a letter of agreement to acquire an undivided 100% working interest in a 320-acre Vernon County, Missouri leasehold. With 70+ wellbores, 20 of which are production-equipped, AOGN is in a very good position to tap the estimated 8M+ barrels of oil trapped in the southwest and east-central portions of the lease due to its command of emergent recovery maximization technologies. The Company’s strategy, of leveraging a growing portfolio…

MondayJul 12, 2010 11:16 am

Fund.com, Inc. (FNDM.OB) Subsidiary AdvisorShares Pioneers Actively Managed Long/Short ETFs

Fund.com, Inc., www.fund.com, announced today that majority-owned subsidiary AdvisorShares Investments, LLC www.advisorshares.com – which offers a turnkey platform that leverages actively managed ETFs, launched its first actively managed long/short ETF - the Mars Hill Global Relative Value ETF (GRV). A first of its kind, GRV is an actively managed long/short ETF which utilizes the “Relative Value” methodology engineered by sub-advisor Mars Hill Partners, LLC (SEC-registered affiliate of Huntley Thatcher Ellsworth, Ltd.). Unprecedented capitalization on the spread between long and short positions, with enhanced resistance to both downside volatility and global equity market influence, makes the essential long/short structure very attractive.…

MondayJul 12, 2010 10:14 am

Northern Dynasty Minerals Ltd. (NAK) Readies Well Financed Alaskan Mining Opportunity

Getting a mining operation running is never one of your easier tasks. Having a solid reputation, however, makes the process quite a bit easier. Add in a very nice chunk of development and operations capital for a larger project, and the hassles involved with permits and construction make the journey quite a bit easier. If each of these elements are brought to bear and economic conditions permit, profit will come for a nice long time to come. Northern Dynasty Minerals Ltd., a minerals exploration company, is working to exploit its 50% stake in a gold, molybdenum and copper property located…

MondayJul 12, 2010 10:10 am

Cathaya Invests $11 Million in ZAP (ZAAP.OB) for Jonway Acquisition

Cathaya Capital LP is investing $11 million into ZAP, a 15-year old California electric vehicle (EV) company. The money will be used to help finance the 51 percent majority interest, $29 million acquisition of Zhejiang Jonway Automobile Company Ltd. The new company combines ZAP's experience in electric vehicles with Jonway's quality auto manufacturing capabilities in China. The merged company will be able to accelerate cost-effective manufacturing of ZAP's electric vehicles and gives ZAP access to China's rapidly growing auto market through Jonway's distribution channels of 80 factory-direct dealerships that feed into hundreds of factory-authorized dealers. With Jonway's capabilities of producing…

MondayJul 12, 2010 10:05 am

Cellceutix Corp. (CTIX.OB) Video Chart for Monday, July 12, 2010

The CTIX chart has become very bullish over the last couple weeks. In order to analyze thinly-traded stock charts, it is necessary to look at them from a couple different perspectives. This video explains what we see and what we are looking for in the future. Please click the following link: http://www.qualitystocks.net/videocharts.php?chartvid_id=437 Let us hear your thoughts below:

MondayJul 12, 2010 9:20 am

China Marine Food Group Ltd. (CMFO) Founder and CEO Increases Ownership

China Marine Food Group Limited, maker of marine based foods and beverages, reported today that its Chairman and CEO, Mr. Pengfei Liu, has purchased a total of 245,500 shares of the company’s stock from the open market. The purchase increases Mr. Liu’s ownership in the company from 41.4% to 42.3%. Mr. Liu, the founder of the company, has spearheaded the expansion and growth of the China Marine since its beginning in 1994 as a seafood processor and distributor. He is currently responsible for operations, marketing, public relations, strategic planning, and the development of new products. Prior to founding the company,…

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Month: July 2010