July 2011 - Page 14 of 27

MondayJul 18, 2011 12:40 pm

American Petro-Hunter, Inc. (AAPH) Emboldened by Success at North Oklahoma Project, Announces Aggressive Drilling Schedule

American Petro-Hunter, the domestic-focused petroleum exploration and production firm, with substantial holdings in Kansas at the Poston Project, announced an updated series of plans related to ongoing participation in a field development program of horizontal drilling at the North Oklahoma Project. With the recent commercial success of the NOM-1H horizontal well, the targeted, newly defined Mississippi formation reservoir appears to possess the capacity for at least eleven horizontal wells, according to AAPH and the associated working interest partners. Scheduled drilling is anticipated to kick off in September and calls for an aggressive program of one new horizontal Mississippi well every…

MondayJul 18, 2011 12:36 pm

Kodiak Oil & Gas Corp. (KOG) Issues Operational and Financial Update

Kodiak Oil & Gas Corp. issued a financial and operational update related to the company’s oil and gas activity in the Williston Basin. The company is working on several different formations including the Bakken and Three Fork zones on its leasehold in Montana and North Dakota. Kodiak Oil & Gas is offering twenty million shares of the company’s common stock in a secondary offering. The deal includes provisions for a three million share allotment option for a thirty day period if there is sufficient investor demand. The company will use the proceeds for various purposes including funding capital expenditures and…

MondayJul 18, 2011 12:33 pm

Simulated Environment Concepts (SMEV) Prospects Recognized by Grass Roots Research Report

When Grass Roots Research, an arm of Cohen Independent Research, recently issued their analyst report on SE Concepts, makers of the SpaCapsule automated massage and sensory stimulation system, it did a thorough job of detailing the company’s strengths, but also laid out major differences between the company and a primary competitor. The company’s strengths are centered around the doctor-led management team and scalable business model, as well as SpaCapsule’s multi-market appeal. SpaCapsule offers users a relaxing and de-stressing clothes-on water massage, combined with video, audio, and even aroma stimulation. Its recreational appeal is obvious, but SpaCapsule, designed by doctors, has…

MondayJul 18, 2011 12:28 pm

Applied DNA Sciences (APDN) Closes $5M Private Placement; Allocate Proceeds to Continued Market Growth

Applied DNA Sciences Inc., a provider of DNA-based security solutions, today announced the closing of a $5.0 million institutional round of financing through a private placement sale of its common stock. In recent months, Applied DNA’s business strategy was to enhance its product line and attract new employees, customers and partners, which resulted in growing demand for the company’s solutions and a subsequent increase in revenues. The additional capital will be used to fully utilize the company’s market opportunities and to leverage continued company growth and development. "Raising our first round of institutional capital in this economic environment is a…

MondayJul 18, 2011 11:13 am

QualityStocks Redesigns Website to Implement Significant Upgrades and Optimize for Social Media

QualityStocks is very pleased to announce the launch of its revamped website, www.QualityStocks.net. With an entirely new look and feel, the overhauled website maintains a much stronger focus on social networks, such as Twitter and Facebook, and features site-wide instant access to multiple language translations, blogs, videos, tweets and much more. Michael McCarthy, Managing Director for QualityStocks, stated, "The online community has completely changed since the introduction of social media. People are now connecting with each other and businesses in ways never before thought possible. We have been at the forefront of this movement since the beginning and are very…

MondayJul 18, 2011 10:35 am

Colorado Rare Earths, Inc. (CALY) to Buy U.S. Rare Earths

Colorado Rare Earths, Inc. is a mineral claims acquisition company. It currently focuses on rare earth elements and owns a 100 percent interest in a group of Colorado, Idaho and Montana mineral claims. These claims include the Iron Hill Property located in Gunnison County, Colorado; the Wet Mountains Property located in Freemont and Custer Counties, Colorado; and the Lemhi Pass District Property located in Idaho and Montana. The company today announced that it has entered into an agreement to acquire U.S. Rare Earths, a Salt Lake City, Utah-based privately-held rare earths exploration company. This company's properties include Diamond Creek in…

MondayJul 18, 2011 8:34 am

Viking Minerals Inc. (VKML) Completes Review of Data from Dolly Varden Gold and Copper Property

On Friday, Viking Minerals Inc. announced that their Management and Technical team completed a comprehensive review of data collected from the Company's Dolly Varden Gold and Copper property in Elko County, Nevada. Early results warrant aggressive exploration and investment. The Dolly Varden area has recognition as a classic eastern Great Basin district. It has base and precious metals associated with upper Paleozoic sediments intruded by Cretaceous auriferous magmas. This is a similar geological setting to the Battle Mountain Fortitude skarn gold type deposit in east central Nevada. There exist 298 mines in Elko County, Nevada. They are between Reno and…

MondayJul 18, 2011 8:31 am

The Female Health Company (FHCO) Updates Q3FY2011 Financial Outlook

The Female Health Company, manufacturer and marker of the FC2 Female Condom, issued an updated financial outlook for the third quarter of fiscal year 2011. The company said it expects to report a modest profit and higher unit shipments for the third quarter of fiscal 2011 compared to the comparable quarter of 2010, though results will be negatively impacted by various issues stemming from purchase orders from Brazil and the Republic of South Africa. While FHCO expects positive operating earnings for fiscal 2011, the company said it expects those results to fall below previous guidance. Despite the aforementioned obstacles, the…

MondayJul 18, 2011 8:12 am

Scorpex, Inc. (SRPX) Proudly Announces Authorization from the Mexican Environmental Authority (PROFEPA) to Obtain Use and Operational Permits

Scorpex, Inc. was very pleased to announce this morning that PROFEPA, the agency in Mexico responsible for monitoring and enforcing environmental laws, has granted clearance to the company for obtaining "Use" and "Operational" permits. Many of the employees of the environmental protection agency have visited and inspected the site numerous times and participated in the studies pertaining to the project. Use permits from federal, state, and city governments, in addition to a federal operational permit, are necessary for the operation of a full service waste disposal and recycling company. To obtain these permits, the Company has complied with all governmental…

MondayJul 18, 2011 8:06 am

HASCO Medical, Inc. (HASC) Redesigns Mobility Freedom and Wheelchair Vans of America Websites

HASCO Medical, Inc., a managed healthcare provider that serves patients in Alabama, Florida, and Mississippi, today announced it has launched newly redesigned web sites for Mobility Freedom (www.MobilityFreedom.com) and Wheelchair Vans of America (www.WCvans.com). Redesigned to be even more customer friendly, MobilityFreedom.com now provides an interactive website which includes current inventory with pictures and prices of all of Mobility Freedom's new and used vehicles as well as the most current information on conversion vans and accessories. WCvans.com is also easier to navigate, providing easy to find solutions for rental van needs when vacationing or visiting the State of Florida. Hal…

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Month: July 2011