December 2010 - Page 4 of 29

TuesdayDec 28, 2010 11:28 am

Lucas Energy, Inc. (LEI) Raises Capital in Equity Offering

Lucas Energy, Inc. announced an agreement to raise capital through the sale of common stock and warrants in a direct registered offering to a group of institutional investors. The deal is expected to close before the end of 2010. Lucas Energy, Inc. will issue 2.5 million units at a price of $2.38 per unit, raising approximately $5.6 million in net proceeds for the company after commissions and expenses. One of the institutional investors associated with the deal is Hall Phoenix Inwood Ltd., which is owned by Hall Phoenix Energy, LLC. This entity is involved in a joint venture with Lucas…

TuesdayDec 28, 2010 10:08 am

China TransInfo Technology Corp. (CTFO) Contracted to Develop a Commercial Operation Center for Beijing Traffic-Information Service

Today, China TransInfo Technology Corp. announced that its subsidiary, Beijing Zhangcheng Science and Technology Co., Ltd. (”Beijing Zhangcheng”), has signed a contract with the Beijing Transportation Information Center to develop a commercial operation center to provide dynamic traffic-information services to drivers in Beijing. Valued at RMB 6.2 million (approximately $0.9 million), the contract will be classified within the company’s traffic information service business. The Commercial Operation Center will include the traffic information-service distribution platform, a customized commuting-service demonstration system, and the launch of 500 interactive dynamic navigation terminals, which are expected to be completed by the end of next year.…

TuesdayDec 28, 2010 10:02 am

Sinovac Biotech Ltd. (SVA) Announces SFDA Approval to Commence Clinical Trials for Enterovirus Type 71 Vaccine

Sinovac Biotech Ltd., a leading provider of biopharmaceutical products in China, announced this morning that it received approval from the China State Food and Drug Administration (SFDA) to commence clinical trials for its proprietary inactivated EV71 vaccine against Hand, Foot and Mouth Disease (HFMD). Sinovac must conduct each phase of the human clinical trials in accordance with SFDA requirements, conduct studies to assess safety and immunogenicity in the phase I and II clinical trials, and conduct efficacy study in the phase III clinical trial. The company filed the application to commence human clinical trials for its inactivated EV71 vaccine in…

TuesdayDec 28, 2010 9:04 am

MabCure, Inc. (MBCI.OB) Video Chart for Tuesday, December 28, 2010

MBCI has been making a large double bottom over the last three months. The previous time the stock price bottomed in this area, it was followed by a 100% move to over 80 cents. To view the video chart, visit the following link: http://www.qualitystocks.net/videocharts.php Let us hear your thoughts below:

TuesdayDec 28, 2010 9:03 am

China SHESAYS (CSAY.OB) Introduces CEREC AC; Anticipates Solid Presence in Cosmetic Dentistry Industry

China SHESAYS Medical Cosmetology Inc. operates a network of specialized medical cosmetology hospitals, clinics and skincare centers in Sichuan province, China. The company yesterday announced that it has recently unveiled its CEREC AC porcelain teeth 3D restoration robot at its flagship hospital in Chengdu. The introduction establishes China SHESAYS as the first medical cosmetology company in China to apply this dental instrument to cosmetic dentistry procedures. The CEREC AC robot is a dental restoration system primarily used for making porcelain prosthetic teeth, providing rapid imaging results by leveraging the CEREC Bluecam technology to capture highly detailed images of dental conditions…

TuesdayDec 28, 2010 9:02 am

Orange 21, Inc. (ORNG.OB) Highlights 2010 Promissory Note and Proceed Allocation

Orange 21 Inc., a leading designer, producer and distributor of products for action sports under the brands Spy Optic, O’Neill and Margaritaville, last week announced that its wholly owned subsidiary Orange 21 North America Inc. (O21NA) issued a $7.0 million promissory note to Orange 21 shareholder Costa Brava Partnership III, LP. The promissory note replaces the promissory note of $3 million in March 2010; $1 million promissory note in October 2010; and the $1 million promissory note in November 2010. The $7 million promissory note provides an additional $2 million in proceeds. The promissory note is subordinated to O21NA’s loan…

TuesdayDec 28, 2010 8:25 am

National Automation Services Inc. (NASV.PK) Provides Full Spectrum of Services to Improve Productivity and Profitability

National Automation Services Inc. is a leader in industrial automation and systems integration. As a provider of systems integration in the industrial controls sector, the company's goal is to build a North American portfolio of automation and controls companies across the continent which specialize in the design and implementation of industrial control systems. The company is an elite system integrator, Allen-Bradley solutions provider, Siemens solution partner and UL (Underwriters Laboratories) certified panel facility. Aligning with nationally recognized regulatory bodies gives the company significant marketplace credibility and the highest standards for its products and services. National Automation Services is committed to…

MondayDec 27, 2010 2:35 pm

Share Price of Intellect Neurosciences, Inc. (ILNS.OB) Up on Alzheimer’s Drug News

Intellect Neurosciences, Inc., a biotechnology company with several drugs in various stages of development, released more data today regarding it lead Alzheimer’s candidate, OX1 (Oxigon™), which has recently completed a Phase 1b clinical trial. After releasing data in late October showing that the drug was well tolerated and safe at all dosing levels, the Company announced that it has received a pharmacokinetic profile report from a fourteen-day safety trial. OX1 is a unique molecule that is being proven effective at promoting clearance of soluble beta amyloid and also blocks neurotoxicity that is created by free radicals. This neurotoxicity damages synaptic…

MondayDec 27, 2010 1:08 pm

China Sky One Medical, Inc. (CSKI) Boldly Moves into Raw Materials Production, Secures Prime Herb Cultivation Land in Northeast China

China Sky One Medical, www.cski.com.cn, reported that wholly-owned subsidiary Harbin Tian Di Ren Medical Science and Technology Company (TDR) entered into an agreement with the Heilongjiang Tang Wang He Forest Bureau, whereby TDR gains access to some 74k-acres of prime land for growing herbs/plants. The 30-year agreement (started Dec. 21 of this year), will allow TDR ample capacity to produce GAP-conformant (Good Agriculture Practice) inputs for both their broad array of over 90 different pharmaceutical products and other objectives. The forested Xiao Xing'an Mountain region, in which the planting area is located, is ideally situated in a national park within…

MondayDec 27, 2010 1:05 pm

Irvine Sensors (IRSN.OB) Closes First Tranche of Financing; Announces Key Management Appointments

Irvine Sensors Corp., a vision systems company that develops and sells miniaturized infrared and electro-optical cameras and relative products, today announced the closing of its initial $11.4 million of financing, which includes the sale of approximately 51.8 million shares of common stock for approximately $3.6 million ($0.07 per share), and approximately $7.8 million of five-year notes bearing simple interest of 12 percent per annum. The company said it will work to obtain shareholder authority to increase its capital structure to allow the notes to be converted into common stock, at $0.07 per share. If the company receives shareholder authorization, Irvine…

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Month: December 2010