WednesdayOct 05, 2011 1:47 pm

SunPower Corp. (SPWRA) to Begin Construction on PV Power Project

Today, SunPower Corp. announced that it plans to commence construction on its 25-megawatt McHenry Solar Farm in Modesto, Calif. before the end of 2011. The Stanislaus County planning commission granted unanimous approval for the solar photovoltaic (PV) power project on September 15, 2011. Construction on the facility depends on the receipt of all remaining building permits, and is expected to be operational by the second half of 2012. The plant will use the SunPower Oasis™ Power Plant product, a fully integrated, modular solar power block engineered to rapidly and cost-effectively deploy utility-scale solar projects while minimizing land use impacts. Each…

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WednesdayOct 05, 2011 1:28 pm

Small Cap Voice: American Petro-Hunter (AAPH) Updates Drilling Progress and Project Improvements in North Oklahoma

American Petro-Hunter, Inc. provided an operational update regarding activities at the Company’s North Oklahoma Mississippi Lime (Limestone) Project regarding current drilling activities at the NOW-2H and ongoing improvements to the NOM-1H production well. The drilling of the NOW-2H horizontal well is moving ahead rapidly with the lateral drilling underway and progressing through the primary Mississippi Lime objective. The Company expects the 1,600 foot section to be finished drilling within the next few days. The well has already achieved an important result with data indicating excellent oil and gas shows in an upper sand horizon with substantial potential pay thickness. The…

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WednesdayOct 05, 2011 1:06 pm

Sunshine Biopharma, Inc. (SBFM) Anti-cancer Compound Confirmed to be a Strong Inhibitor of Topoisomerase II Activity

Sunshine Biopharma Inc., a development stage pharmaceutical company focused on the treatment of various forms of cancer, announced earlier today that it has completed a study in which the ability of Adva-27a, its lead compound, to inhibit the activity of Topoisomerase II was directly measured. Topoisomerase II (Top2) is an enzyme that enables cancers to grow rapidly. In multi-drug resistant breast cancer, the gene that encodes Top2 has been found to be amplified as much as 1,000%, allowing these cancer cells to make tens of thousands of Top2 molecules. By inhibiting Topoisomerase II activity, Adva-27a would arrest the ability of…

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WednesdayOct 05, 2011 12:40 pm

Lpath Inc. (LPTN) Adds Two Patents to Growing Portfolio of Antibody Therapeutics

Lpath Inc., a leading lipidomics-based antibody therapeutics company, announced that the U.S. Patent and Trademark Office (USPTO) has issued the company two patents, bringing the company’s patent portfolio to 20 issued U.S. patents. These newly issued patents cover the methods and composition of matter for Lpath's anti-Sphingosine-1-Phosphate (S1P) antibody, sonepcizumab, which is the active component in Lpath's two lead compounds, iSONEP™ and ASONEP™. The patents also have claims of the amino acid sequences of sonepcizumab and claims for the treatment of cancer, cardiovascular and cerebrovascular disease. Lpath recently completed two early-stage clinical trials; in one study, iSONEP was evaluated in…

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WednesdayOct 05, 2011 12:18 pm

Beacon Equity Research: ChinaCast Education (CAST) Moves Higher

ChinaCast Education Corp. earlier this week suggested that it may not follow up on its planned $50 million share repurchase program and would hire an independent audit firm to look into its cash balances. Ron Chan, CEO of ChinaCast, said in a letter that the actual cost of the repurchase program would be around $75 million because of a Chinese tax levied on distribution of profit in the U.S. Chan also said in the letter that regulators in China have shown serious concerns about the company’s plans to take the full $50 million out of China. Following the development, ChinaCast…

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WednesdayOct 05, 2011 12:16 pm

Beacon Equity Research: Kodak (EK) Shares Remain Volatile

Shares of Eastman Kodak Company, which fell more than 50% last Friday on bankruptcy fears, spiked more than 10% in today’s early trade, continuing steady gains throughout the week so far. On Friday, Kodak shares plunged below $1 after the Wall Street Journal reported that the company hired the services of Jones Day for restructuring advice. The company, however, denied that it is planning to file for bankruptcy, pushing the stock sharply higher in Monday’s trading session. The stock once again fell sharply on Tuesday but is paring some of the losses in early trading today. Speculation that the Kodak…

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WednesdayOct 05, 2011 12:11 pm

ERF Wireless Inc. (ERFB) Secures $3M in Financing to Expand Broadband Products/Services in North American Oil and Gas Sector

ERF Wireless, known throughout Texas, New Mexico, Oklahoma and Louisiana for delivering fast/reliable high-speed wireless and broadband solutions, recently reported a major step towards cementing and enhancing subsidiary Energy Broadband’s footprint in the major North American oil and gas exploration markets via entry into a binding commitment agreement for $3M in debt financing with Dakota Capital Fund LLC. ERFB has been pumping out data over its largely 10/Mbps broadband networks for quite some time now and has garnered a solid user base; however, this move to bolster penetration into key oil and gas markets like the Ford Eagle Shale and…

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WednesdayOct 05, 2011 12:02 pm

Small Cap Voice: GreenLight (PRZCF) Achieves Initial Success with Testing of Silchlor Chlorination Process

GREENLIGHT RESOURCES INC. announced that tests have been completed to confirm the validity of the Silchlor chlorination process in extracting economic minerals from the Company’s Brazil Lake lithium concentrate material. The patented Silchlor Cyclic Vacuum Chlorination Process technology assessment report verifying the process was completed by an independent qualified person. GreenLight retained Dr. Ian Flint of Halifax, NS to independently confirm if this technology could be applied to the extraction of economic minerals from the Brazil Lake Lithium and rare metals project. Confirmation tests were successfully conducted for the digestion of the lithium pyroxene concentrate from the Brazil Lake deposit.…

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WednesdayOct 05, 2011 11:33 am

Strategic American Oil Corp. (SGCA) Video Chart for Wednesday, October 5, 2011

SGCA is holding a higher low since hitting $0.055 in June and looks ready to possibly bounce again after a recent slide. Equally important, a bounce in the near term will strengthen the possibility that the new higher lows are going to hold and the chart could be going through an overall trend shift towards bullishness. To view the video chart, visit the following link: http://www.qualitystocks.net/videocharts

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WednesdayOct 05, 2011 10:49 am

Strategic American Oil Corp. (SGCA) Recent Acquisition Positions Company for Substantial Growth

Strategic American Oil Corp. recently announced that it entered an agreement to acquire SPE Navigation I, LLC ("SPE"), which owns certain oil and gas working interests equal to one third the working interests owned by Strategic American Oil in four producing oil and gas fields located in Galveston Bay, Texas, in addition to one million shares of Hyperdynamics Corp. (NYSE: HDY). SPE was owned by various members of the CEO’s family who founded and developed Hyperdynamics Corp., which saw its price per share rise from $0.22 (April 2009) to $7.78 (January 2011) in less than two years. In exchange for…

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