ThursdayJan 20, 2011 12:46 pm

Tegal Corp. (TGAL) and se2quel Partners Gather Resources to Form Solar Utility Company

Today before the opening bell, Tegal Corp. announced that it has formed, together with se2quel Partners LLC, a new company focused on developing and operating large scale photovoltaic (PV)-based solar utilities in the United States, Latin America, the Middle East and Africa. se2quel Partners, under the leadership of Ferdinand Seemann, a solar technology expert and former Independent Director of Tegal, has developed a unique manner of developing, building and operating PV-based utilities on the scale of 1,000+ megawatts (1GW) to be cost competitive with conventional energy sources. Currently, the company has more than 10 active projects with major partners in…

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ThursdayJan 20, 2011 12:28 pm

Radient Pharmaceuticals Corp. (RPC) Announces Updated European Union Certification for Onko-Sure®

Radient Pharmaceuticals Corp., a US-based company focused on researching, developing, and commercializing In Vitro Diagnostic cancer tests, announced earlier today that it has received CE-Mark approval from the European Union (EU) for the use of its Onko-Sure® In Vitro diagnostic (IVD) cancer test as a pan tumor marker for cancer. The Company's new CE-Mark Certificate for Onko-Sure® provides product access to 27 countries with a combined population of approximately 500 million. A simple, non-invasive, patent-pending and regulatory-approved test, Onko-Sure® is used to detect, screen and monitor various types of cancer. The test enables physicians and healthcare professionals to effectively monitor…

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ThursdayJan 20, 2011 11:40 am

Bacterin International Holdings, Inc. (BIHI.OB) Secures $5,000,000 Credit Facility

Located in Belgrade, Montana, Bacterin International Holdings develops, manufactures and markets biologics products to domestic and international markets. Today, Bacterin announced it has closed on the Bridge Bank, N.A. revolving accounts receivable line of credit for up to $5 million. Bridge Bank was founded in 2001 and is a full service professional business bank. The financing provided to Bacterin has a 2 year term and carries an interest rate of the Bridge Bank prime rate plus 2.25%. The credit facility with Bridge Bank comes on the heels of an announcement that Bacterin received an asset backed lending facility of up…

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ThursdayJan 20, 2011 11:35 am

Global Defense Technology & Systems (GTEC) Posts Revised Q4 Figures, 2011 Guidance

Global Defense Technology & Systems Inc., a provider of mission-critical, technology-based systems, solutions and services for national security agencies and programs of the U.S. government, today revised its fourth quarter 2010 guidance upward and provided initial full-year 2011 guidance. The company’s fourth quarter and full year 2010 results are still subject to completion of its year-end financial audit. GTEC's revised fourth quarter 2010 guidance anticipates revenue of approximately $82 million, an increase of 47 percent compared to $55.8 million reported in the fourth quarter of 2009. The increase represents pro forma organic revenue growth of 37 percent, a figure derived…

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ThursdayJan 20, 2011 10:29 am

Solar Power, Inc. (SOPW.OB) 398 Kilowatt Solar System Commissioning Celebrated by BLT Enterprises

Solar Power, www.solarpowerinc.net – the vertically integrated developer of solar solutions, which maximizes shareholder value by rigorously improving the Company’s entire value chain, from materials to post-installation asset management, joined BLT Enterprises yesterday to celebrate commissioning of the new 398 kW photovoltaic (PV) solar system. Designed and constructed by SOPW, the new PV installation at BLT’s Fremont Recycling and Transfer Station (FRTS) in Fremont, California, is an ideal use of the Company’s sophisticated modules, mounting and racking systems. With over 24k tons of recycling and disposal done in 2010 alone, the FRTS, which services Fremont, Newark and Union City, is…

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ThursdayJan 20, 2011 9:59 am

LifeVantage Corp. (LFVN.OB) Announces Preliminary Unaudited 2Q Results

Yesterday, LifeVantage Corp. announced their preliminary unaudited net revenue for the second fiscal quarter of 2011. LifeVantage anticipates an increase of $1 million during the three month period that ended on December 31, 2010 (a 15% increase over net revenue of the previous period). LifeVantage is a San Diego science-based nutraceutical company that produces health and wellness products. The company's current product line includes the anti-aging, antioxidant dietary supplement Protandim, and TrueScience Anti-Aging Cream skin care product. LifeVantage's anticipated net revenue is a 169% increase over the net revenue reported for the same quarter in 2009. LifeVantage anticipates $500,000 operating…

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ThursdayJan 20, 2011 9:55 am

Norsat International, Inc. (NSATF.OB) to Acquire All Shares of Sinclair Technologies Holdings Inc.

Norsat International Inc., broadband communications solutions provider, announced today that it has entered into a definitive agreement with Sinclair Technologies Holdings Inc. to acquire all of its shares. Norsat will pay $19.25 million, financing the transaction with $4.75 million in cash, $12.0 million in debt financing from its principal banker, and 4,028,932 common shares issued from treasury. The majority of the purchase price will be paid upfront; the remaining portion will be held in escrow and earned out over a period of two years. The acquisition is projected to close later this month. Sinclair is a leading provider of antenna…

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ThursdayJan 20, 2011 9:53 am

Cobalt Coal Corp. (CCCXF.PK) Updates Investors Concerning Westchester Expansion

Yesterday, Cobalt Coal Corp. announced that the Westchester Expansion is moving forward. Phase 1 of the Westchester Expansion involves the signing of a lease, adding new coal reserves immediately adjacent to the Company's current underground Westchester Metallurgical Coal Mine in McDowell County, West Virginia. It is accessible from Cobalt’s existing underground infrastructure. The Phase 1 Westchester Expansion comprises approximately 121 acres. It contains the same high-grade low volatile metallurgical Sewell Seam Coal currently undergoing mining by Cobalt at their Westchester Mine. Isopach maps (supported by historic core drill data on the lands) indicate that the seam thickness increases by as…

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ThursdayJan 20, 2011 9:49 am

VitaminSpice, LLC (VTMS.OB) Orders Up; Partners with Extreme Motorsports for Team Ferrari Sponsorship

VitaminSpice, LLC has had two successful days of news including reporting that online vendor orders have increased 700 percent since the end of the third quarter. That was released earlier this week along with the news that online vender www.christinacooks.com sold out of VitaminSpice’s product lines two times in just a few days. VitaminSpice is hoping that the success of christinacooks will be paralleled by IUCSS, Inc. when they launch their new website by the end of March. IUCSS placed an initial order with VitaminSpice for $25,000 worth of product in November with the intentions of the website going live…

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