July 2011 - Page 11 of 27

WednesdayJul 20, 2011 3:10 pm

Synergy Resources (SYRG) Posts Record Revenues Boosted by Increased Oil & Gas Production

Synergy Resources Corp., a domestic oil and gas exploration and production company, today reported third-quarter results for the three months ended May 31, 2011, reflecting an increase in net oil and natural gas production for the quarter compared to the third quarter 2010. Revenues increased 412 percent to a record $3.1 million for the third quarter of 2011 compared to $607,253 in the comparable quarter of 2010. Operating income for the third quarter of 2011 was $547,272 compared to an operating loss of $51,094 in the third quarter of 2010. Synergy narrowed its net loss to $291,612, or $(0.01) per…

WednesdayJul 20, 2011 2:46 pm

AMAG Pharmaceuticals, Inc. (AMAG) to Merge with Allos Therapeutics, Resulting Combination Projects Some $60M in Annual Cost Savings

AMAG Pharmaceuticals, well known as the biopharmaceutical company behind the FERAHEME® injection for treating iron deficiency anemia in adult chronic kidney disease and Allos Therapeutics, developers of a revolutionary indication for relapsed or refractory peripheral T-cell lymphoma (PTCL), called FOLOTYN®, announced entry into a definitive merger agreement today. An all-stock merger with total equity value of roughly $686M will not only drive home a projected $55-60M in annual cost savings synergies (a majority of which should be realized within the first fiscal year after closing the deal), but result in a powerhouse company that will be able to punch significantly…

WednesdayJul 20, 2011 11:46 am

Synergy Resources Corp. (SYRG) Reports Earnings for Third Quarter of Fiscal 2011

Synergy Resources Corp. reported strong year over year increases in revenue and production for the third quarter of fiscal 2011, as the company’s oil and gas operations showed a strong improvement relative to last year. Synergy Resources said that net production of oil and gas was 467 barrels of oil equivalent (BOE) per day in the quarter ending 5/31/2011. The company reported net oil and gas production of 149 BOE per day in the comparable quarter of 2010. Synergy Resources reported revenues of $3.1 million in the most recent quarter compared to $607,000 in the third quarter of 2010. Synergy…

WednesdayJul 20, 2011 11:15 am

Bizzingo, Inc. (BIZZ) to Merge with IBG.com

Bizzingo, Inc. is a social media company that provides businesses a way to introduce their product or service globally by leveraging and expanding their brand and image. The company effectively communicates businesses' marketing message to target audiences, facilitating sales, while connecting all existing social media relationships together in a single online hub. The company announced today that it has signed a letter of intent with IBG.com to confirm discussions concerning a merger or some other form of business arrangement between the two companies. IBG.com is a company engaged in reputation management and online marketing. The letter of intent provides for…

WednesdayJul 20, 2011 10:13 am

SilverSun Technologies, Inc. (SSNT) Introduces Eight New Proprietary Products

SilverSun Technologies announced today that its subsidiary, SWK Technologies, launched eight new proprietary products at the annual Sage Summit last week, led by a brand new integration for SWK's MAPADOC EDI solution. Among the products introduced were: MAPADOC for Sage ERP X3 ("MDX3") - MAPADOC is an integrated Electronic Data Interchange (EDI) software solution built specifically to integrate fully with Sage MAS 90, 200 and 500, and now, with Sage ERP X3. The Sage staff and business partners who saw a demo of this new offering at Sage Summit were "excited and impressed." SWK Brewery Management System ("BMS") - BMS…

WednesdayJul 20, 2011 10:01 am

Ener1, Inc. (HEV) Video Chart for Wednesday, July 20, 2011

HEV made a very nice move on Monday, gapping up from Friday’s close. Although it only held a portion of the gains on the day, Tuesday was another green day which will catch the eyes of technical traders as to whether or not HEV has found a true bottom. To view the video chart, visit the following link: http://www.qualitystocks.net/videocharts Let us hear your thoughts below:

WednesdayJul 20, 2011 9:59 am

The Brainy Brands Company, Inc. (TBBC) Announces Multi-Year Agreement with Just Baby Baby

Yesterday, The Brainy Brands Company, Inc. announced that it has entered into a multi-year distribution agreement with Just Baby Baby Company, which is based out of Zimbabwe, Africa. Brainy Brands, of Suwanee, GA, is the developer and marketer of a line of educational and early-childhood developmental learning products for the U.S. market. These include merchandise such as books, games, puzzles, toys, and CD/DVD materials. Brainy Brands is also interested in exploiting new technology, delivery systems and developing new products. Brainy Brands has recently revamped its product line, and is incorporating the aforementioned new technologies in an effort to allow its…

WednesdayJul 20, 2011 9:56 am

GoldSands Development Company (GSDC) Announces Completion of Initial Test Mining Program on Mika 2

On Tuesday, GoldSands Development Company announced completion of the initial test mining program on the Company's Mika 2 mining concession in Peru. The grades are consistently higher than predicted by their 2009-2010 Phase I and II drill-hole program results from Mika 2. GoldSands final results from the current Mika 2 test gold production program conducted with Swiss Mining S.A. for the period March 28 to July 10, 2011 are: Gravel mined: 7920 m3 (10,359 cubic yards); Raw gold produced: 2445 grams (2.445 kg) (78.6 troy oz.), and Raw gold grade: 309 mg/m3 (4.76 grains/cubic yard). Final results also include Raw…

WednesdayJul 20, 2011 8:16 am

Simulated Environment Concepts, Inc. (SMEV) Announces Major Branding Initiative

Simulated Environment Concepts, the manufacturer and developer of medical, aesthetic, weight loss, wellness, and slimming equipment, today announced that it has begun preparing for a major branding initiative to more aggressively market, promote and sell its flagship product, SpaCapsule, within the United States. "Our International market is continuously growing due to the distributorships we've successfully been able to develop and will continue to develop," stated Allen Licht , Chief Operating Officer of Simulated Environment Concepts (SE Concepts)."However, with increasing interest domestically coming from physical therapy facilities, corporations offering 'wellness' centers and break rooms to employees, retailers, weight loss and fitness…

TuesdayJul 19, 2011 4:37 pm

Clean Diesel Technologies, Inc. (CDTI) Selected as Catalyst Supplier for Fisker Automotive

Clean Diesel Technologies, Inc., a company that engages in the design, marketing, and licensing of technologies and solutions that reduce harmful emissions from internal combustion engines, recently announced that it has been chosen by Fisker Automotive, an American manufacturer of the very first plug-in hybrid electric vehicles with extended range, as a catalyst supplier. Clean Diesel is supplying catalysts using its patented mixed phase catalyst (MPC®) technology for Fisker’s new luxury sedan, Karma, which will start its shipments to both U.S. and European retailers this month. With a price that ranges from $95,800 to $108,000, the Karma brings forth world-class…

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Month: July 2011