November 2011 - Page 13 of 22

MondayNov 14, 2011 10:46 am

YM BioSciences Inc. (YMI) Reports Financial and Operational Results

YM BioSciences, Inc., an Ontario based drug development company advancing a diverse portfolio of hematology and cancer-related products, today reported results of its first fiscal quarter of 2012 ending September 30, 2011. The company trimmed its net loss to $900,000 compared to a loss of $11.3 million in the same quarter last year. Revenue from out-licensing was unchanged and the company saw a gain of $5.4 million on the revaluation of warrants compared with a loss of $3.4 million in the prior year’s first quarter. YM BioSciences Inc. is advancing three main drug products: CYT387, a small molecule, dual inhibitor…

FridayNov 11, 2011 4:48 pm

China Pharma Holdings, Inc. (CPHI) Posts Q3 Financial Results, 12% Rev Increase

China Pharma Holdings Inc., a specialty pharmaceuticals company in China, today announced its financial results for the quarter ended September 30, 2011. The company reported a 12 percent increase in third quarter 2011 revenue to $21.0 million compared to $18.7 million in the comparable quarter of 2010. Net income for the third quarter of 2011 was $3.3 million, or $0.08 per basic and diluted share, compared to $5.9 million, or $0.14 per basic and diluted share, in the third quarter of 2010. China Pharma reported operating income of $3.9 million in the third quarter of 2011, down 37 percent from…

FridayNov 11, 2011 3:59 pm

Augme Technologies, Inc. (AUGT) Receives Two Major Patents that may Lead to Major Expansion in the U.S. Market

Augme Technologies, Inc. is a company on the rise. Headquartered in New York, New York, Augme has quickly earned a reputation by providing strategic services and mobile marketing technology to leading consumer and healthcare brands. Today, Augme took a major step towards prominence with the announcement that they have bolstered their intellectual property portfolio by receiving Notices of Issuance from the United State Patent and Trademark Office (“USPTO”) related to two different patents that were filed originally by JAGTAG, Inc. prior to the company’s acquisition on November 9 of this year. The first patent is titled "Apparatuses, Methods and Systems…

FridayNov 11, 2011 2:36 pm

Strategic American Oil Corp. (SGCA) Reserves Report Confirms Company’s Strategy

The stated strategy of Strategic American Oil, a growth stage oil and gas exploration and production company, is to avoid risking money on new exploration when the current and anticipated price of oil and gas supports the much safer approach of going after known reserves. Another important part of the company’s strategy is to avoid the risks and costs of foreign sites, by going after the large number of domestic oil and gas opportunities where the infrastructure and ease of access provide additional long term benefits. In the case of Strategic, the company seeks accretive acquisitions of production, reserves, or…

FridayNov 11, 2011 1:40 pm

Panhandle Oil and Gas Inc. (PHX) Reports on Oil and Gas Operations

Panhandle Oil and Gas reported operational data on the company’s oil and gas activities for fiscal 2011. The company is active in developing various plays in Oklahoma and Arkansas, including the Woodford and Fayetteville Shale formations. Panhandle Oil and Gas estimates that the company’s proved reserves of crude oil, natural gas and natural gas liquids totaled 111.7 Bcfe as of September 30, 2011, an 8% increase from the 103.7 Bcfe reported at the same time last year. Panhandle Oil and Gas calculated these reserves using prices mandated by the Securities and Exchange Commission (SEC). These prices for the most recent…

FridayNov 11, 2011 11:56 am

Northern Iron Corp. (NHRIF) (TSX-V: NFE) Starts Trading on the QTCQX International Marketplace

Northern Iron Corp., a mineral exploration company, announced that its shares will begin trading on the QTCQK International Marketplace (QTCQX) at market open today under the symbol “NHRIF”. "The OTCQX gives Northern access to a large premium market in the United States with strong standards where many internationally respected companies trade," stated Basil Botha, President and CEO of Northern. "The OTCQX has a reputation of providing U.S. investors with improved liquidity, transparency and superior information through its U.S. regulated broker-dealers, and will provide U.S.investors with a mechanism to invest in a Canadian iron ore project that is projected to provide…

FridayNov 11, 2011 11:35 am

Next One Interactive Inc. (NXOI) Video Chart for Friday, November 11, 2011

Although NXOI fell through support at a penny recently, it has come right back up to challenge the old support/new resistance. Today will be an interesting day for the stock to see if it has the strength to pop back above and close over $0.01 to re-establish the area once again as support. To view the video chart, visit the following link: http://www.qualitystocks.net/videocharts Let us hear your thoughts below:

FridayNov 11, 2011 9:56 am

IntelGenx Corp. (IGXT) Receives FDA Approval for High Dose Anti-Depressant CPI-300

IntelGenx Corp. today announced with excitement that the U.S. Food and Drug Administration (FDA) has approved its lead product, CPI-300, for patients with Major Depressive Disorder. CPI-300 is a novel, high-strength formulation of Bupropion hydrochloride (HCl), the active ingredient in Wellbutrin XL. According to the company’s press release, CPI-300 is the only single dose 450 mg formulation of Bupropion HCl approved by the FDA. "This is a defining moment for IntelGenx, as we have now clearly demonstrated our ability to independently take a product through development to regulatory approval," stated Dr. Horst G. Zerbe, President and Chief Executive Officer of…

FridayNov 11, 2011 9:08 am

English Firm E-Waste Systems, Inc. (EWSI) Announces Partnership with Fine Resources, Inc. to Expand Global Business Development

E-Waste Systems, Inc., a London-based provider of waste electric and electronic equipment processing services around the world, today announced a partnership with an electronic waste and commodity trading firm, Fine Resources, Inc. of Alabama, to expand the company's ability to source large volumes of end-of life electronics. Fine Resource's president and founder, Rick Fine, will join E-Waste as a consultant of global business development. Fine will be responsible for sourcing waste streams and aggregating downstream volumes of commodities for refining and reusing electronics and sourcing partnerships to help reach EWSI's goal of vertical integration, the companies said in a statement.…

FridayNov 11, 2011 8:17 am

Longhai Steel, Inc.‏ (ACTN) is “One to Watch”

Headquartered in Xingtai City, Hebei Province, China, Longhai Steel, Inc.‏ is a manufacturer of steel wire products in eastern China. The Company produces steel wire ranging from 6.5 mm to 10 mm in diameter on two wire production lines. These lines have a combined annual capacity of approximately 0.9 million metric tons annually. Longhai Steel sells their products to a number of distributors who transport the wire to nearby wire processing facilities. The Company's wire undergoes further processing by third party wire refiners into an array of products. These include nails, screws, and wire mesh for use in reinforced concrete…

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Month: November 2011