October 2015 - Page 7 of 12

FridayOct 16, 2015 1:34 pm

Alternet Systems, Inc. (ALYI) Set to Benefit from Rise of Digital Payments

To misquote Mark Twain, reports of the death of cash have been greatly exaggerated. Make no mistake, the use of cash to make purchases has most certainly been on a steady decline in recent years. In a 2012 survey by Mastercard (NYSE: MA), nearly three-quarters of Americans said that they used cash less than they did a decade earlier. Reaffirming this point, a 2013 study indicated that a massive 80 percent of consumer spending in the U.S. was cashless. Despite this popularity, a total shift away from paper money is unlikely in the short-term, and, according to a report on…

FridayOct 16, 2015 12:19 pm

Continental Stock Transfer & Trust Stands Apart in Competitive Transfer Agency Market

Choosing a transfer agent can play a major role in determining a company’s success. While all transfer agents perform the same basic functions, one firm has consistently gone the extra mile to meet and exceed the expectations of its clients. Over the last half century, Continental Stock Transfer & Trust has established a position among the very best in the industry through a commitment to superior client responsiveness and uniquely tailored business solutions that meet the specific needs of smaller to midsize emerging and growth companies. Today, Continental remains dedicated to companies with 50,000 shareholders or fewer, and it currently…

FridayOct 16, 2015 10:46 am

Oakridge Global Energy Solutions, Inc. (OGES) to Utilize Patent Portfolio to Produce Commercial Thin Film Solid State Lithium Batteries

As part of its recently announced expansion, Oakridge Global Energy Solutions this morning said it plans to fully utilize the many patents developed and owned by the company in thin film solid state batteries, to be used for “game-changing” applications in electronics, robotics, industry, medical devices and the military. In 2002, the company acquired Oak Ridge Micro-Energy Inc. to advance the development and commercialization of rechargeable thin film solid state lithium battery technology that was based upon the thin film solid state lithium ion technology developed by Dr. John B. Bates, Ph.D., while he was employed at the U.S. Department…

FridayOct 16, 2015 10:26 am

Cherubim Interests, Inc. (CHIT) Files to Issue Convertible Preferred Stock Dividend

Cherubim Interests this morning announced it has filed a Corporate Action with FINRA to issue a Convertible Preferred Stock Dividend to its individual shareholders. Shareholders will be mailed physical certificates of Convertible Preferred Stock bearing a restrictive legend that will have a holding period. Once the Corporate Action is approved, shareholders will receive details of the transaction. "There has been significant dilution over the recent past in Cherubim Interests, Inc., and the reason for that has been the issue of the automatic conversion of aged non-affiliated debt on our companies books. We are currently in the process of negotiating settlements…

FridayOct 16, 2015 8:36 am

NEAH Power Systems, Inc. (NPWZ) Joins Forces with Black-I Robotics to Energize the Robotics Industry

NEAH Power Systems is focused on supplying power products for the military, transportation and portable electronics industries. The company is now also looking to deliver these products to Black-I Robotics, Inc. (“Black-I”), a leader in robotic technology-based solutions and recently announced that they are joining forces to deliver its patented power generation and energy storage deliverables within the robotics space. The two companies intend to develop power systems for robotic mobile platforms that can provide increases in levels of performance that have never been seen before. Their vision also endeavors to deliver robotic solutions that better meet the needs of…

ThursdayOct 15, 2015 2:57 pm

Galenfeha, Inc. (GLFH) Outpacing the Competition with LiFePO4 Chemistry

Hot on the heels of signing an exclusive distributor agreement with 57-year veteran oil and gas production services and equipment supplier, Oil and Gas Equipment, Inc. (which is focused on delivering a soup-to-nuts capability for sector operators in Colorado, New Mexico and Utah), developer of proprietary stored energy solutions and ultra-high precision chemical injection pumps, Galenfeha, Inc., recently announced that the company is now on track to become the nation’s top consumer of LiFePO4 (lithium iron phosphate) chemistry. Given the continuing downturn in energy prices, oil and gas sector operators are clamoring for ways to shore up efficiency, and whether…

ThursdayOct 15, 2015 2:32 pm

Cherubim Interests, Inc. (CHIT) Construction, Real Estate Development & Cultivation Tech in Focus as Oregon Marijuana Sales Beat Expectations

It looks like the tax revenue assessment on recreational marijuana sales in Oregon by government officials may have underestimated just how big and robust the consumer market really is, with the initial forward projection of around $9 million for 2017 looking like it will be surpassed with ease. Subsequent to recreational sales being approved ahead of schedule via a bill signed by Governor Kate Brown, the amount of money taken in by dispensaries within just the first week alone has effectively crushed the official estimate, as some $11 million in sales were completed in the state’s first week of open…

ThursdayOct 15, 2015 2:15 pm

Star Mountain Resources, Inc. (SMRS) to Acquire Balmat Zinc Mine, Accelerate Transformation into Production

Star Mountain Resources this morning announced its three-way definitive agreements with Northern Zinc, LLC and HudBay Minerals, Inc., which will result in Star Mountain acquiring Balmat Holding Corp., including St. Lawrence Zinc Company, LLC, and its mining operations in the Balmat mining district of St. Lawrence County, New York. Together, these transactions will provide Star Mountain the opportunity to shift from a junior explorer into a producer in the near term. Northern Zinc, in particular, brings to Star Mountain a roster of mining industry professionals with decades of technical and managerial experience. The total acquisition price paid to Hudbay for…

ThursdayOct 15, 2015 2:10 pm

Avant Diagnostics, Inc. (AVDX) Leads Development in Early Ovarian Cancer Detection Technology

Great strides in medical technology are being undertaken by Avant Diagnostics, a company that focuses its developments on the human genome project, which aims to map out the entire DNA sequence of a human. Innovations in this endeavor may treat, prevent, and cure disease as scientists will have a blueprint of how humans have developed over time along with what genes lead to illness. The company hopes to develop genetic research that can detect illness early in individuals so that treatment can avert progression or death. With this goal in mind, Avant Diagnostics has developed the first large panel biomarker…

ThursdayOct 15, 2015 11:35 am

Fresh Promise Foods, Inc. (FPFI) Introduces New Amazon.com Storefront for Harvest Soul

A couple hours after the opening bell today, Harvest Soul Inc. announced its new e-commerce storefront website on the world's largest internet retailer Amazon.com (NASDAQ: AMZN). The company also told investors that Michael Jenness will be the new Vice President of its Ecommerce Channel. It was notated that the launch of the Harvest Soul brand and products, along with an expanded team, marks an important first step toward Harvest Soul's ambitious plans for multi-channel expansion. "Establishing a new channel for Harvest Soul allows us to reinvent our online environment and create a more user-friendly, reliable experience through the Amazon.com brand,"…

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Month: October 2015