June 2011 - Page 9 of 32

WednesdayJun 22, 2011 3:40 pm

Imperial Petroleum Inc. (IPMN) Prepares to Apply for Top Tier OTC Listing, Reports Q3 Results

Imperial Petroleum Inc., an Indiana-based company focused on energy development, recently announced it has started the application process for listing on OTCQX, OTC Market Group’s highest trading tier. The company retained Rodman & Renshaw to serve as designated provider and to help meet all listing requirements. “We are pleased to partner ourselves with Rodman & Renshaw as we position the Company on a vibrant trading platform to increase our transparency and visibility in the marketplace,” Jeffrey T. Wilson, president of Imperial stated in the press release. “We believe the OTCQX Program demonstrates Imperial’s commitment to providing superior information to investors…

WednesdayJun 22, 2011 3:03 pm

OncoSec Medical Inc. (ONCS) Appoints Dr. Anthony E. Maida, III, to Board of Directors

OncoSec Medical Inc., a late-stage biomedical company that designs, develops, and commercializes therapeutic oncology products, recently announced that it has appointed a new member to its Board of Directors, Anthony E. Maida III, Ph.D. Dr. Maida will chair the Company’s audit committee. For more than 20 years, Dr. Maida has focused on the clinical development of immunotherapies for the treatment of cancer in patients. As a chairman, CEO, and senior executive, Dr. Maida has managed and carried out all critical functions, which include finance, research, operations, clinical development, regulatory and manufacturing for biotechnology companies that are in the early in…

WednesdayJun 22, 2011 12:52 pm

Real Goods Solar, Inc. (RSOL) to Merge with Alteris Renewables to Create Solid Solar Integrator

Real Goods Solar, Inc., a solar energy integrator for commercial, government and residential customers in California and Colorado, today announced its merger agreement with Earth Friendly Energy Group Holdings LLC. The merger is intended to create a multi-state solar integrator with a variety of financing solutions, years of industry experienced management, and a strong commercial customer base. Real Goods Solar has reported strong internal growth and profitability for seven consecutive quarters, and said it expects to generate revenues of approximately $200 million in the 12 months following completion of the merger, which is slated for the third quarter of 2011.…

WednesdayJun 22, 2011 12:46 pm

Simulated Environment Concepts, Inc. (SMEV) Flagship Product Grabs Audience’s Attention at National Eagles and Angels Association New York Meeting

Simulated Environment Concepts, the manufacturer and developer of medical, aesthetic, weight loss, wellness, and slimming equipment, announced earlier today that its presentation of the SpaCapsule at the National Eagles and Angels Association's (NEAA) New York City Chapter meeting at the prestigiously renowned Oak Room (Plaza Hotel) was well received by those who attended. Allen Licht, Chief Operating Officer of Simulated Environment Concepts, Inc. (SE Concepts), stated, "In all of our years of operation, yesterday, we came away with the understanding that the possibility of receiving the type of capital infusion, in the amount we seek, is possibly in immediate view."…

WednesdayJun 22, 2011 12:27 pm

Cryo-Cell International Inc. (CCEL) Inks Licensing Partnership with Stem Cells Costa Rica

Cryo-Cell Internatioanal Inc., one of the world's largest and most established family cord blood banks and global industry leader in innovative stem cell solutions, today announced it has signed an exclusive agreement with Stem Cells Costa Rica(R) to license Cryo-Cell's signature U-Cord™ and proprietary CelleSM stem cell services in Costa Rica, effective this summer. Stem Cells Costa Rica is a privately held company based in of San Jose. The deal extends the Cryo-Cell’s market reach to numerous Latin America markets, and is expected to increase company recognition in the area. "We are very pleased to welcome Stem Cells Costa Rica…

WednesdayJun 22, 2011 12:26 pm

Far East Energy Corp. (FEEC) Offers Update on Drilling at Shouyang Block in China, Announces Operational Overview Conference Call

Far East Energy Corporation, the Houston, Texas-based energy developer focused on rich coalbed methane resources in China, with offices in Beijing, Kunming, and Taiyuan, offered an update on drilling activities at the Company’s Shouyang Block today in addition to providing details of an upcoming conference call on the subject. Drilling has gone well, with two new wells mapping the #15 coal seam’s extremities in the farthest eastern and southern portions of the block to be drilled to date by FEEC. These new wells provide a better consolidated view of the overall permeability of the #15 coal seam at a considerable…

WednesdayJun 22, 2011 11:48 am

China Nutrifruit Group Ltd. (CNGL) to Upgrade Glazed Fruit and Juice Concentrate Production Lines

China Nutrifruit Group Ltd. is a leading producer of premium specialty fruit-based products in China. The company's food and drink products are processed primarily from fruits grown in northeast China including golden berry, crab apple, blueberry and raspberry. The company today announced that it is currently making technological upgrades to its glazed fruit production line in Daqing and concentrate juice production line in Mudanjiang. China Nutrifruit expects to complete the upgrade process by next month. It estimates that the total capital expenditure for the upgrades to be approximately $4.9 million. As part of the upgrade process, China Nutrifruit is currently…

WednesdayJun 22, 2011 11:42 am

General Steel Holdings, Inc. (GSI) Video Chart for Wednesday, June 22, 2011

GSI appears to be trying to find a bottom with support in the area of $1.45. The video provides dialogue about different ways to try and find a bottom play in early stages as compared to our typical “positive divergence” format. To view the video chart, visit the following link: http://www.qualitystocks.net/videocharts.php Let us hear your thoughts below:

WednesdayJun 22, 2011 11:41 am

Cross Border Resources Inc. (XBOR) Announces Multimillion Budget for Second Half Drilling

Located in San Antonio, Texas, Cross Border has quickly made a name for themselves as a leading oil and gas exploration company. Today, Cross Border took a major step towards prominence with the announcement they will budget $7.4 million for drilling in the second half of this year. The largest share of second-half drilling, six wells, will target the unconventional Bone Spring play in southeastern New Mexico. In West Texas, five wells are scheduled for the Wolfberry. Working interest in the wells varies from 100 percent to 3 percent. Leading the way at Cross Border is E. Will Gray II…

WednesdayJun 22, 2011 11:11 am

Daybreak Oil and Gas, Inc. (DBRM) Secures Financing for Oil and Gas Project

Daybreak Oil and Gas, Inc. reported that the company has secured financing through a loan commitment agreement with an unidentified lender. The funds will be used to advance selected oil and gas projects under development as well as other corporate purposes. Daybreak Oil and Gas said that the loan is for $3.5 million and has a term of three years. The company is required to make monthly payments on the loan with interest calculated at a rate of 6% per year, and the full principal due at the end of the term. Daybreak Oil and Gas is pledging the company’s…

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Month: June 2011