September 2011 - Page 9 of 23

WednesdaySep 21, 2011 5:48 pm

ERF Wireless (ERFB) Provides Further Details of Upcoming Dividend; Finalizes Requirements

ERF Wireless, a leading provider of enterprise-class wireless broadband products and services, today provides investors with an update regarding its previously announced decision to issue a dividend to shareholders of up to 5% of the existing common stock in Energy Broadband, the company's wholly owned oil and gas private subsidiary. For each 200 shares of ERF Wireless common stock, or preferred stock convertible into 200 common shares, that a shareholder owns as of September 30, 2011, the shareholder will receive one unit of Energy Broadband securities consisting of 100 Energy Broadband common shares, one warrant to purchase 100 shares at…

WednesdaySep 21, 2011 5:19 pm

InVivo Therapeutics Holdings Corp. (NVIV) Reports Positive Results of New Spinal Cord Injury Treatment on Rodents

InVivo Therapeutics Holdings Corp., a company focused on the development of groundbreaking technologies for the treatment of spinal cord injuries (SCI), today announced that preliminary data revealed that their proprietary biopolymer scaffold implant demonstrated positive therapeutic results with rodents. Following the implementation of the Company's technology in an acute SCI model, the data showed evidence of decreased scarring, decreased lesion size, and increased neural survival. These results reinforce previous positive data from Invivo's findings in hemisection models in both rodents and non-human primates. The major cause of SCI is motor vehicle accidents, sports-related accidents and falls. Most of the currently…

WednesdaySep 21, 2011 3:29 pm

Victory Energy Corp. (VYEY) Buys into Oil and Gas Lease in Mississippi

Victory Energy reported the purchase of an ownership interest in an oil and gas lease in the Southern United States. Victory Energy is acquiring a 5.25% working interest in a 240 acre lease at the North Killarney oil prospect in Adams County, Mississippi. The company’s net revenue interest in the prospect is 3.938%. Victory Energy said that a well is scheduled to be drilled on the lease within the next thirty days. The Armstrong NK #1well will target the McKittrick or Wilcox Sand formation with the Sparta zone as a secondary objective. The total cost to the company for drilling…

WednesdaySep 21, 2011 3:28 pm

BeaconEquity.com: Silver Trades “astounding $2.48 premium” to COMEX

Shanghai traders suddenly have become rabid buyers of silver, said an anonymous King World New (KWN) trader out of London, taking the price in Shanghai to a mind-blowing 6% premium to the COMEX, yesterday. “China is trading gold at a $17 premium today vs COMEX futures,” Anonymous told KWN’s Eric King. “Silver is trading at a premium of $2.48 vs futures price (COMEX).” What does that ultimately mean to silver bugs? The game of contracting to buy physical silver in Shanghai after New York’s routine price pounding with naked shorts has trapped the manipulators into systematically booking bigger and bigger…

WednesdaySep 21, 2011 2:25 pm

BeaconEquity.com: Orexigen (OREX) Soars on Phat FDA Agreement for Obesity Drug

Orexigen Therapeutics Inc. spiked more than 58% this morning on word the company reached an agreement with the U.S. FDA that enables it to renew development of Contrave, its experimental obesity drug. The FDA rejected the Contrave New Drug Application (NDA) back in January this year. Orexigen shares roared 70% in pre-market trading, following news of obesity drug’s revival. Orexigen is one of three companies looking for an approval for weight loss treatment. In a Complete Response Letter to Orexigen, the FDA raised concerns about the cardiovascular risks relating to Contrave. Orexigen yesterday said that following a recent meeting with…

WednesdaySep 21, 2011 1:45 pm

Pearl Stream Implements QAD, Inc. (QADA) Enterprise Application to Support Boost in Plant Production

QAD Inc., a leading provider of enterprise software and services for global manufacturing companies, today announced that German-Korean-owned Pearl Stream, an electronic components manufacturer, has implemented QAD Enterprise Applications as part of the recent roll-out of its new plant in Poland. Founded earlier this year, Pearl Stream’s plant began production in April, manufacturing more than 10,000 electronics components per day, for use in televisions, home appliances and the automotive market. Pearl Stream began implementing QAD Enterprise Applications to support its aggressive production targets as part of its two-phased deployment strategy. The company said it chose QAD’s system for its scalability,…

WednesdaySep 21, 2011 1:25 pm

BeaconEquity.com: Positron (POSC) Shares Rise on $38M IFA Approval

Shares of Positron Corp., a molecular imaging company focusing on Nuclear Cardiology, are soaring today after the company announced that the Indiana Finance Authority (IFA) approved its $38 million Midwestern Disaster Area Bond volume cap application. At last check, Positron shares were trading 41.44% higher at $0.0256, with volume up from daily average of 639,666 to 23.1 million. The penny stock touched an intra-day high of $0.03. Positron today said that at a meeting of Indiana Economic Development Corp. (IEDC), E, Mitchell Roob Jr., who is the CEO of IEDC, recommended the public finance director of the State of Indiana…

WednesdaySep 21, 2011 1:17 pm

LiteSolar Contracts Powin Corp. (PWON) Subsidiary for Significant Battery Order

Today, Powin Corp. subsidiary Powin Energy announced that they had received an initial purchase order from LiteSolar. The order is for approximately $400,000 in lithium rechargeable battery products. In addition to producing renewable energy products, Oregon-based Powin Corporation is a manufacturer of outdoor products such as outdoor cookware and grilling equipment, fitness and recreational equipment such as gun safes, truck parts, plastic products and furniture. LiteSolar is a full solar energy conversion company, offering design, financing and construction as well as operation and maintenance. LiteSolar also manufactures and installs solar-energy carports for residential and commercial sites. Powin subsidiary Quality Bending…

WednesdaySep 21, 2011 1:15 pm

MiMedx Group, Inc. (MDXG) Partners with Veteran’s Administration and Department of Defense Preferred Supplier Affirmative Solutions

MiMedx Group, a leading integrated producer of regenerative biomaterial products/bioimplants processed from human amniotic membrane tissue, has reported a momentous partnership with one of the nation’s top medical device, biologic and spine product provider to U.S. VA (Veteran's Administration) and DOD markets, Affirmative Solutions. This is a huge move in the right direction for MDXG, partnering with a widely recognized Service Disabled Veteran-Owned Small Business like Affirmative Solutions, which has a solid network footprint that delivers a broad array of medical and commercial products to various MTFs (Medical Treatment Facilities). Affirmative is well positioned as a financial services support conduit,…

WednesdaySep 21, 2011 12:06 pm

TiVUS, Inc. (TIVU) Turns Cash Drain into Cash Cow

It’s still relatively new today, but it represents the beginning of a marketing revolution. It’s IPTV, Internet Protocol television, integrating television’s huge audience with the control and interactive functionalities of the Internet. IPTV is seen by many as the next major step in home entertainment, offering end users a rich, customized, and flexible viewing experience, with a wide range of content, while offering providers and advertisers a world of opportunity to reach and interact with customers. The chance to target the viewing public in ways never before possible has already led to important shifts in the way some industries do…

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Month: September 2011