March 2012 - Page 12 of 18

TuesdayMar 13, 2012 8:46 am

UFood Restaurant Group, Inc. (UFFC) Begins Construction on New Unit Located at Military Base

UFood Restaurant Group announced that it has begun construction on the second of three UFood Grill locations at the Aberdeen Proving Ground military base in Maryland. The Army and Air Force Exchange Service (AAFES) awarded a contract to UFood to build and operate three new UFood Grill units on the base in Aberdeen. Last month, the White House and Assistant Secretary of Defense for Health Affairs announced initiatives to provide healthier menus to 1,100 dining halls at military bases. The move will adjust the Pentagon's nutritional standards for the first time in 20 years, bringing a new focus on more…

TuesdayMar 13, 2012 8:41 am

American Standard Energy Corp. (ASEN) Closes on Purchase of Domestic Oil and Gas Properties

American Standard Energy reported that the company has closed on its acquisition of producing oil and gas properties in the United States. The properties are located in various onshore basins and were purchased from a private oil and gas company. American Standard Energy said the deal involved 72,300 net acres with current production of 250 barrels of oil equivalent (BOE) per day. The producing properties are located in the Permian Basin, Eagle Ford Shale, and Gulf Coast areas. The properties also have extensive undeveloped acreage that the company will analyze for a future development program. The undeveloped acreage is located…

TuesdayMar 13, 2012 8:15 am

GlobalWise Investments, Inc. (GWIV) Flagship Solution Nearly Doubles Efficiency of Ricart Automotive Group

GlobalWise Investments and its wholly owned subsidiary Intellinetics, a leading-edge technology company focused on the design, implementation, and management of public/private cloud-based Enterprise Content Management ("ECM") systems, today provide a case study for one of their clients, Ricart Automotive Group (www.Ricart.com). One of the world's largest retail auto dealer enterprises, Ricart Automotive Group was founded in 1953 in Columbus, Ohio. The company has grown from a small car lot into one of the nation's largest single-site dealer complexes comprised of 66 acres plus a separate financing company (www.coccfinancial.com) with locations in Ohio and Mississippi. Ricart Automotive sells and/or finances a…

MondayMar 12, 2012 2:18 pm

American Standard Energy Corp. (ASEN) Acquires 72,300 Net Acres from Geronimo Holding

American Standard Energy, an oil and gas exploration and production company with working interest assets in the Permian Basin and non-operated acreage in the Williston Basin and Eagle Ford resource prospects, today announced it has completed the acquisition of approximately 72,300 net acres and approximately 250 barrels of oil equivalent per day BOED of production from privately held Geronimo Holding Corp. American Standard paid Geronimo $10 million cash, an unsecured, subordinated note paid in the principal amount of $35 million, and 5 million shares of American Standard common stock, valued at $2.70 per share. The acquisition is complementary of American…

MondayMar 12, 2012 2:15 pm

RainChief Energy, Inc. (RCFEF) Secures Farm-In for New Mexico Permian Acreage at Gulf Jensen Oil Prospect

Today, RainChief Energy, the Vancouver-based energy developer currently focused on the Gulf Jensen Oil Prospect in New Mexico Permian Basin, reported successfully executing an agreement with Calgary-based Nueva Oil & Gas Corp. for a farm-in interest in the Gulf Jensen. This marks a key move for RainChief as the company completes one essential aspect of the overall strategy for the Gulf Jensen, a geographically-choice oil property in Curry County, NM, with access to the northwest section of the Permian (responsible for some 17% of domestic crude production). The Gulf Jensen Prospect is comprised of 2,044 acres of oil/gas leases proximal…

MondayMar 12, 2012 2:11 pm

FuelCell Energy, Inc. (FCEL) Inks Deal with South Korean Partner POSCO Energy to Drive Global Manufacturing Expansion

FuelCell Energy, a leading manufacturer of ultra-clean, efficient, and reliable fuel cell power plants, today announced it has signed memorandums of understanding (MOU) pertaining to a series of strategic initiatives with its South Korean partner, POSCO Energy, designed to boost FuelCell’s global manufacturing presence. "This strategic transaction reflects significant progress for FuelCell Energy and our ultra-clean stationary fuel cell power plants as we execute on our global growth plans, strengthen our balance sheet and drive to profitability," Chip Bottone, president and CEO of FuelCell, stated in the press release. "This announcement will be welcomed by project investors as it expands…

MondayMar 12, 2012 12:46 pm

Zynex, Inc. (ZYXI) Acquires Medical Device Manufacturer NeuroDyne Medical

Zynex, a provider and developer of non-invasive medical devices for electrotherapy and stroke rehabilitation, neurological diagnosis, and cardiac monitoring, today announced its acquisition of substantially all the assets of NeuroDyne Medical Corp., through its subsidiary Zynex NeuroDiagnostics Inc., effective March 9, 2012. NeuroDyne is a Massachusetts-based manufacturer of advanced medical devices, which can be used for evaluation and treatment of neurological and neuromuscular disorders, as well as for education and research purposes. The company’s product line includes medical instruments, sensors, disposable electrodes, and software that offer sEMG, EKG, EEG, respiration, skin temp, EDR, EDL, peripheral blood flow, IBI, heart rate,…

MondayMar 12, 2012 12:11 pm

ProGraming Platforms Corp. (PPTF) Patentable Algorithms Redefine Online Gaming

Perhaps the most important thing to remember about ProGaming Platforms, an Israeli company offering an advanced platform for online skill games, is that such games are among the world’s fastest growing markets, generating billions in annual revenues. The company has one of the only online platforms able to efficiently handle that kind of global traffic. The secret behind the platform is ProGaming’s patentable algorithms, which can automatically track game scores and payouts for millions of players anywhere on the planet. The result is a list of benefits that are attractive to both serious gamers and gaming novices, as well as…

MondayMar 12, 2012 9:56 am

Keryx Biopharmaceuticals, Inc. (KERX) Video Chart for Monday, March 12, 2012

A huge move early last week was followed by a pullback and another climb heading into the weekend. This video chart discusses the setup leading into the move and current levels of support and resistance. To view the video chart, visit the following link: http://www.qualitystocks.net/videocharts Let us hear your thoughts below:

MondayMar 12, 2012 8:27 am

Medisafe 1 Technologies Corp. (MFTH) Expands Product Offerings with Marketing and Distribution Agreement

Medisafe 1 Technologies, a developer of patented technologies that physically prevent unauthorized administration of prescription medications, today announced that the company executed a distribution agreement with Natural Dream Laboratories Company Ltd. (http://www.green-charm.com) to carry a broad array of health related products in Natural Dream’s product line. Natural Dream distributes a robust commercial product line that includes treatments for several health related disorders. The company was founded in 2003, backed by the knowledge of chemists, doctors, pharmacists, and scientists who accumulated more than two decades of experience in research and development. "The signing of this distribution agreement enables Medisafe 1 Technologies…

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Month: March 2012