WednesdayAug 25, 2010 11:35 am

Balqon Corp. (BLQN.OB) Secures Partnership with DynaProTech for Zero-Emissions Drive Systems in China

Balqon Corp. develops and manufactures zero emissions, heavy-duty electric vehicles and drive systems. The company today announced it has received a $490,000 purchase order from DynaProTech, a leading composite automotive parts manufacturer in the People's Republic of China. Per the agreement, DynaProTech will integrate Balqon's zero-emissions electric drive systems into electric buses, heavy-duty trucks, light commercial vehicles and automobiles in China. Additionally, DynaProTech will provide servicing and parts for Balqon's products. Balwinder Samra, president and CEO of Balqon, said the agreement symbolizes Balqon’s broader mission to introduce its technologies to various international markets. "Our relationship with DynaProTech is a continuation…

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WednesdayAug 25, 2010 10:37 am

National Automation Services, Inc. (NASV.PK) Takes The High Road

Unlike far too many companies, National Automation Services has taken the initiative to establish in writing a code of conduct well beyond the typical employee handbook “don’t steal paperclips” rules and restrictions. It recognizes and deals up front with many of the foundational weaknesses that seem to have colored corporate America in recent decades, as well as focusing as much on executives as it does on staff. Evidence of its intent is made clear by Mark Twain’s famous quotation displayed at the very top: “Always do right – this will gratify some, and astonish the rest.” Take a look at…

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WednesdayAug 25, 2010 10:29 am

Neuralstem, Inc. (CUR) Files FDA Application for First Chronic Spinal Cord Injury Stem Cell Trial

Neuralstem Inc. has patented technology which enables the ability to produce neural stem cells of the human brain and spinal cord in commercial quantities. The company today announced that it has filed an Investigational New Drug (IND) application with the US Food and Drug Administration (FDA) to begin a Phase I safety clinical trial for chronic spinal cord injury with its spinal cord stem cells. This Phase I safety trial will enroll a total of 16 long-term spinal cord injury patients that have complete paralysis. The proposed trial is primarily designed to test the safety of both Neuralstem's cells and…

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WednesdayAug 25, 2010 10:12 am

CHDT Corp. (CHDO.OB) Subsidiary Generating Revenues through Second Order from National Book Retailer

CHDT Corp. announced today that its wholly-owned subsidiary, Capstone Industries, has received a re-order from a national specialty book store chain. The book store chain has placed an additional order for Pathway Lights®, Multi-Pose Brightbook in two colors and the Retro Taskbright in two colors. The Multi-Pose Brightbook is a portable, lightweight and adjustable super-bright reading light that can either clip to the book or stand on its own. The contemporary design features 4 LED lights that never have to be replaced. The Retro Taskbright is similar in lighting capacity to the Bookbright, but has an on/off button and a…

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WednesdayAug 25, 2010 10:09 am

Prana Biotechnology (PRAN) Secures European and U.S. Patents for Pharmaceutical Compounds

Prana Biotechnology was established to commercialize research into Alzheimer’s disease and other major age-related neurodegenerative disorders. In line with this objective, the company yesterday announced it has received key PBT2 patents in Europe and the United States for select pharmaceutical compositions. “The grant and extension of PBT2 patent rights in the United States together with securing European patent rights marks a critical milestone in our commercialization plans, offering opportunity in both Huntington’s disease and Alzheimer’s disease,” Geoffrey Kempler, Prana’s executive chairman stated in the press release. The U.S. Patent and Trademark Office (USPTO) granted Prana a composition of matter patent…

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WednesdayAug 25, 2010 9:17 am

Galaxy Gaming (GLXZ.OB) Receives Authorization in Pennsylvania

Located in Las Vegas, Galaxy Gaming is the world’s second largest developer, manufacturer and distributor of casino table games including Lucky Ladies, Texas Shootout, Emperor’s Challenge, Deuces Wild and Triple Attack Blackjack. Today, Galaxy Gaming announced they have received authorization from the Pennsylvania Gaming Board permitting the company to install its table game products into Pennsylvania casinos. Pennsylvania casinos are clearly going to challenge their East Coast rival Atlantic City which lay less than two hours away. With the influx of overall gaming in Pennsylvania, many gambling pundits considered the state the latest craze in gambling. With the recent approval…

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WednesdayAug 25, 2010 7:41 am

Eagleford Energy Inc. (EFRDF) Signs Agreement to Purchase Private Oil and Gas Company

Eagleford Energy Inc. announced that the company has signed an agreement to purchase a private oil and gas company that owns properties that are prospective for the Eagle Ford Shale in Texas. Eagleford Energy Inc. is purchasing Dyami Energy LLC for total consideration of $4.1 million. The company will issue $3.14 million worth of units at $0.90 per unit and exchange these units to acquire 100% of the ownership interests of Dyami Energy LLC. Eagleford Energy Inc. will also assume $960,000 of debt owed by Dyami Energy LLC to various entities through the issuance of a secured promissory note. The…

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WednesdayAug 25, 2010 7:39 am

Greenlight Resources (PRZCF) Provides Update Regarding Mineral Property in Canada

Greenlight Resources reported the results of an updated assessment of its resources at its mineral prospect in Canada. The assessment was based on an updated prospecting and mapping of its properties. Greenlight Resources said that the company has located three additional prospective zones at the Brazil Lake Lithium and Rare Metal property in Nova Scotia, Canada. This brings the total prospective zones at the Brazil Lake property to five. Greenlight Resources has designated these new zones as the Deerfield, Army Road and Church Road sites. The sites were identified using pegmatite boulder float trains, and require more work to confirm…

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WednesdayAug 25, 2010 7:37 am

Options Media Group (OPMG.OB) Teams with Encompass Communications to Distribute Anti-Text While Driving, Mobile Security and Anti-Spyware Products

Options Media Group Holdings, Inc. announced yesterday that they have come to terms with Encompass Communications, LLC for Encompass to add Option’s mobile applications to their premiere prepaid product suite. Encompass will be adding OPMG’s PhoneGuard Anti-Text While Driving, Mobile Security and Anti-Spyware for mobile applications to the suite. With the propriety technologies, Encompass is expanding features for their customers to include safe texting and identity theft protection. The new features will be exhibited by Encompass at booth 224 at the upcoming Prepaid Press Expo at Caesar’s Palace in Las Vegas on August 24 – 26, 2010. The products will…

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