MondayJun 13, 2011 3:48 pm

China Gengsheng Minerals, Inc. (CHGS) Earns $4.2 Follow-On Fracture Proppants Contract with AMSAT International

China Gengsheng Minerals, Inc., a developer, manufacturer, and retailer of a range of mineral-based heat-resistant products for various industrial applications, announced that it has earned a $4.2 million follow-on fracture proppants supply contract from AMSAT International, a technology company based in Florida that specializes in advanced ceramics. The company will initiate the shipping of fracture proppants with this new contract in July of 2011, and expects to supply approximately 1,500 metric tons a month through December of 2011. "This represents our fourth supply contract with AMSAT, and we are proud that they continue to recognize GengSheng as a long-term, value-added…

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MondayJun 13, 2011 3:42 pm

PURE Bioscience, Inc. (PURE) Takes Control of Sales Operations in Response to Flubbed Alliance Agreement

PURE Bioscience, Inc., developer of low toxicity bioscience products and antimicrobials, today announced it has taken direct control of the sales of its patented silver dihydrogen citrate (SDC) antimicrobial after the company’s alliance with Richmont Sciences LLC fell short of expectations. PURE's current alliance agency agreement with Richmont will default later this month on the grounds that Richmont failed to sell PURE’s products under the brand IV-7; PURE also noted that Richmont failed to pay PURE for delivered products. "Although we had high expectations and great confidence in Richmont at the time of their engagement, its subsequent anemic sales results…

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MondayJun 13, 2011 2:27 pm

Harvard Professor’s Interview Lends Impetus to 22nd Century Group, Inc.’s (XXII) Very Low Nicotine Tobacco

22nd Century Group, Inc., a plant biotechnology company whose proprietary technology enables genetic engineering of levels of nicotine and related alkaloids in the tobacco plant, lately received strong academic support from the opinions of a Harvard professor. The company owns or exclusively controls 98 issued patents in 79 countries where at least 75% of the world's smokers reside. In the May edition of The Harvard Gazette, public health professor Gregory Connolly argued for action by the FDA to massively reduce the permitted nicotine levels in cigarettes from seven milligrams to 0.3 milligrams, or about the level found in a tomato.…

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MondayJun 13, 2011 2:10 pm

MusclePharm Corp. (MSLP) Aims for High-Reputation Products

As can be guessed from the name, MusclePharm is a company dedicated to nutrients important to bodybuilding and general fitness. Based in Colorado, MusclePharm researches, develops, produces and distributes its own line of supplements that are emphasized to be 100% free of banned substances. The company is expanding from the dedicated bodybuilding market into the general fitness and even weight-loss markets. One of the more impressive aspects of the company’s operations is the extent of their evaluation of supplement candidates before allowing them to carry the MusclePharm name. The supplements are comprised of amino acids, herbs, and proteins scientifically tested…

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MondayJun 13, 2011 11:43 am

Miller Energy Resources, Inc. (MILL) Reports Update on Finances and Oil and Gas Activity

Miller Energy Resources, Inc. issued a financial update and disclosed additional details on its oil and gas exploration and development activities in the United States. The company closed on a $100 million credit facility with a group of institutional investors. The two year facility is being funded by Guggenheim Corporate Funding, LLC, Citi and Bristol Investment Fund, Ltd. Miller Energy Resources said that the credit facility has an initial base of $35 million and is secured by the company’s assets. The company said that the funds will be used to develop oil and gas assets in Alaska and for the…

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MondayJun 13, 2011 10:54 am

Genesis Biopharma Inc. (GNBP) Appoints New Member to Its Board of Directors

Genesis Biopharma Inc. is a biotechnology company developing targeted cancer therapies. The company is working on a targeted anti-CD55 cancer therapeutic, whose parent antibody has been used extensively in humans as a cancer diagnostic. The parent antibody has been shown to be safe and highly selective in identifying various tumors including colorectal, breast, gastric and lung cancers. The company today announced that it has named Martin Schroeder to its Board of Directors. Mr. Schroeder is a business consultant with more than 30 years of experience advising healthcare companies with regard to corporate strategy, strategic partnerships, marketing and business development, competitive…

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MondayJun 13, 2011 10:53 am

ChromaDex Corp. (CDXC) to Launch BluScience Line of Supplement Products via Major Retailer GNC Nationwide this July

ChromaDex Corp., the established provider of top-quality ingredients and solutions as a natural products supplier to a variety of industries, reported the launch of its new BluScience dietary supplement line today. BluScience products will feature the next generation resveratrol, pterostilbene (a polyphenol naturally occurring in blueberries), in the form of the Company’s proprietarily refined natural, identical form of trans-pterostilbene, pTeroPure®. BluScience is scheduled to hit shelves nationwide at major nutraceutical and supplements retailer GNC this July, in conjunction with a simultaneous web roll out via GNC.com. The ultra purified form of the naturally occurring pterostilbene found in pTeroPure is vastly…

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MondayJun 13, 2011 10:25 am

Eagle Bulk Shipping, Inc. (EGLE) Video Chart for Monday, June 13, 2011

EGLE looks to be once again trying to find a bottom.  With the Dow taking a beating on Friday, EGLE closed up for the day and is now pinned against resistance.  Technical traders will be looking for a rise above the resistance for confirmation that the chart may have found a bottom. To view the video chart, visit the following link: http://www.qualitystocks.net/videocharts.php Let us hear your thoughts below:

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MondayJun 13, 2011 8:47 am

VIASPACE, Inc. (VSPC) Green Logs Showcased at National Hardware Show

VIASPACE Inc. and its renewable energy subsidiary VIASPACE Green Energy Inc. announced this morning that their Green Log™ brand fireplace and campfire logs were exhibited at the National Hardware Show held in Las Vegas, Nevada over the weekend. The National Hardware Show is an annual gathering of buyers and sellers in specialties such as hardware tools, lawn and garden, and outdoor living. Many of the major players in the fire log industry also had exhibits at the show. Chief Executive Carl Kukkonen stated, "The Green Log is a product that we have spent a lot of time and effort in…

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MondayJun 13, 2011 8:28 am

Lexaria Corp. (LXRP) Provides an Update Concerning Operations and Oil Production

On Friday, Lexaria Corp. provided an update relating to operations and oil production at Belmont Lake. The Company reported that after a temporary interruption of only 17 days (due to unprecedented flooding of the Mississippi River) oil production from the Belmont Lake oil field resumed on June 3, 2011 and is continuing normally at this time. The highest ever-recorded water level at the Natchez monitoring station, prior to 2011, was 58.04 feet. Lexaria Corp. and their operating partners designed the Belmont Lake oil field production and gathering system with the capability to operate up to this highest-ever water level. The…

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