December 2010 - Page 17 of 29

FridayDec 10, 2010 4:45 pm

MFRI, Inc. (MFRI) Posts Q3, Nine-Month Results and Solid Backlog

MFRI Inc. is a multi-line company engaged in pre-insulated specialty piping systems for oil and gas gathering, district heating and cooling and other applications; custom-designed industrial filtration products to remove particulates from dry gas streams; and various other industrial processes. The company today announced sales and earnings for the third quarter and nine months ended October 31, 2010. Third-quarter net sales increased 11.9 percent to $58.8 million compared to $52.6 million in the third quarter of 2009. The company reported net income of $3.6 million or $0.52 per diluted share, compared to net income of $0.7 million or $0.10 per…

FridayDec 10, 2010 4:41 pm

Dynamic Ventures Corp. (DYNV.OB) Awarded Contract with Children’s Learning Adventure

Today, Dynamic Ventures Corp. announced that its subdivision, The Green Solutions, has been awarded a contract to provide structures for a new program by Children's Learning Adventure. Children's Learning Adventure, a child care provider for children ranging from infant to school-age children, features facilities in four states that include indoor amenities and outdoor playground space. Dynamic Ventures Corp. develops and markets residential and commercial construction projects, offering custom design, manufacturing and the building of L.E.E.D.-certified structures for its clients. Dynamic Ventures anticipates that the extension program, which will be expanding the Children's Learning Adventure brand on a national level, will…

FridayDec 10, 2010 4:40 pm

RAM Energy Resources, Inc. (RAME) Closes on Sale of Texas Assets

RAM Energy Resources, Inc. reported that the company has closed on the sale of producing oil and gas assets in the United States. The transaction is part of the company’s strategic repositioning announced earlier in the year. RAM Energy Resources, Inc. sold the company’s properties in the Barnett Shale and Boonsville area to Milagro Producing, LLC, a private oil and gas company. The company paid $43.7 million in cash subject to closing adjustments. The deal closed on December 8, 2010. RAM Energy Resources, Inc. said that the company would use $16 million of the proceeds from the sale to pay…

FridayDec 10, 2010 3:03 pm

FlatWorld Acquisition (FTWAU.OB) Launches IPO at $10

FlatWorld Acquisition Corp. was recently organized to acquire and merge with an operating business in either the global business services sector or emerging Asian markets, including China and India. The company today announced the pricing of its initial public offering (IPO) of 2,200,000 units at a price of $10 per unit for gross proceeds of $22 million. Each unit of the IPO consists of one ordinary share and one warrant to purchase an additional ordinary share at $11. The company’s shares commenced trading on the OTCBB today under the ticker symbol "FTWAU.” Prior to today’s IPO, FlatWorld Acquisition received a…

FridayDec 10, 2010 3:01 pm

NewCardio, Inc. (NWCI.OB) Announces Positive Results from Cardiac Safety Research Consortium

NewCardio Inc. is a cardiac diagnostic and services company developing and marketing proprietary software technologies for the monitoring and diagnosis of cardiovascular disease, as well as cardiac safety assessment of drugs under development. The company today announced results from a blinded drug safety study conducted by the Cardiac Safety Research Consortium (CSRC) to evaluate the performance of QTinno™ on its "testing" ECG dataset. QTinno is New Cardio’s patented software technology used to assess drug cardiac toxicity in drug development. The CSRC study results demonstrate QTinno’s ability to accurately detect the control drug’s (moxifloxacin)-induced QT interval prolongation, as well as its…

FridayDec 10, 2010 2:31 pm

Endeavor Power Corp. (EDVP.OB) is “One to Watch”

Endeavor Power Corp. is a full-service e-waste recovery company that trades on the OTC Bulletin Board. Aiming their processing services at industrial and government clients, the company has the logistical capability to purchase and transport product all over North America. Endeavor Power Corporation has their corporate headquarters in Robesonia, Pennsylvania. The Company is staffed by a team of professionals, both inside the company and outside as independent contractors and consultants. Endeavor approaches each new project using their own established and proprietary pricing methods and their unbending commitment to environmental protection. Electronic waste is quickly becoming the fastest growing waste stream…

FridayDec 10, 2010 2:19 pm

Medistem, Inc. (MEDS.PK) Shares Up Big on Stem Cell News

Medistem, Inc.'s stock is soaring today after the company released news of a peer-reviewed publication on its data for what the company believes is the world’s first “combination therapy” human stem cell protocol for a spinal cord injury. San Diego, California-based Medistem is a biotechnology company developing technologies related to adult stem cell extraction, manipulation, and use for treating inflammatory and degenerative diseases. The Company has filed an Investigational New Drug (IND) application with the FDA for use of its universal donor endometrial regenerative cells (ERC) for treatment of critical limb ischemia, an advanced form of peripheral artery disease. Medistem…

FridayDec 10, 2010 2:14 pm

Beacon Equity Research: Amico Games Corp. (AMCG.OB)

Amico Games is a subscriber-based developer of interactive gaming which leverages Java™ technology and China’s 3G network infrastructure to deliver some of the hottest massively multiplayer online role playing games (MMORPG) and online games available. With a registered user base exceeding 29M, AMCG is an established player in the Chinese gaming space. The Company pioneered some of the earliest mobile phone games, partnering with major industry player Nokia to offer interactive gaming over China Mobile’s WAP platform. The MMORPG sector is arguably the most exciting area of online gaming as it attracts long-term customer relationships. Users pay a recurring monthly…

FridayDec 10, 2010 2:07 pm

Crimson Exploration Inc. (CXPO) Reports on Bossier Development Program in Texas

Crimson Exploration Inc. issued an operational update on its oil and gas activities in the United States, where the company is working to explore and develop the Bossier formation. Crimson Exploration Inc. reported the completion of the Gobi #1 H well at the Bruin Prospect area. The well was drilled to a total measured depth of approximately 18,000 feet, and initial production was reported at 11.7 million cubic feet of natural gas per day. The Gobi #1 H well is located in San Augustine, County, Texas, and Crimson Exploration Inc. has a 70% working interest. Crimson Exploration Inc. reported that…

FridayDec 10, 2010 2:05 pm

Titan Oil & Gas, Inc. (TNGS.OB) is “One to Watch”

Titan Oil & Gas, Inc. is an oil & gas company aggressively exploring and acquiring land in key petroleum-producing regions of Alberta, Canada. The Company’s projects are in areas of excellent infrastructure and high drilling activity. They plan on using the most current and proven cost effective technologies to generate long-term reserves and production while maximizing shareholder value. Alberta is one of the most prolific regions for oil exploration and production in the world. The province contains an estimated 174 billion barrels of oil. This represents more than 8-times the reserves of the entire United States. Alberta also hosts significant…

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Month: December 2010