Fri
3/12/2010
1:55 PM
Li3 Energy Inc. is focused on developing a business strategy in the lithium brine mining and energy sectors. In accordance with its business strategy, Li3 Energy has acquired the assets of Next Lithium Corp., a move that Li3 Energy said it believes will help position the company as one of the largest holders of prospective lithium acreages in the world.
Per the agreement, Li3 Energy owns a 100 percent stake in 170,000 acres of a “strategically located” property prospective for lithium brine in Big Smok...
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3/12/2010
1:55 PM
Cytta Corp. today announced the appointment of Gary Campbell as the company’s new president and secretary, as well as his election to the board of directors. Campbell’s support is leveraged by his experience in the development and funding of cutting-edge medical technologies and his administrative, organizational and operational experience with public companies.
Campbell will work with CEO Step...
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3/12/2010
1:54 PM
Medical Connections, a national provider of medical recruitment and staffing services, was established to satisfy the increasing need for highly qualified healthcare professionals. The company’s business is to identify, select and place the best allied health specialists, executive nurses, pharmacists, physicians and hospital management executives.
In response to changing dynamics of the healthcare recruiting market, Medical Connections has shifted its business to a more lucrative niche emphasizing the recruiting of allied health specialists and physicians. This change in direction has resulted in a triple digit increase in placements for physica...
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3/12/2010
1:54 PM
The Mundus Group, Inc. is an advanced aerospace technology consortium focused on providing patented Vertical Take Off and Landing (VTOL) technology for experimental aircraft and Unmanned Air Vehicles (UAV) through its fully owned subsidiaries AirStar International and Roadable Aircraft Inc (RAI).
Mundus is at the cutting edge of jet turbine–ducted fan technology. Through its subsidiaries, the company fuses a state of the art design engineering and prototype facility with computer assisted auto flight technologies, Remote Controlled (RC) and composite technologies industry segments.
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3/12/2010
1:53 PM
Provectus Pharmaceuticals, Inc., a developer of oncology and dermatology treatments, today announced gross proceeds of approximately $7.5M from a private placement. With intentions to apply the capital generated by this private placement to working capital concerns, PVCT CFO and COO Peter Culpepper noted that the closing of this offer has tremendously strengthened the Company’s operational activities and widely expanded PVCT’s base of shareholders “to include new and individual investors”.
Culpepper went on to say that sufficient capital had been raised to fully finance ongoing clinical trials, and that no additional money would be required to com...
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3/12/2010
1:53 PM
American Jianye Greentech Holdings, Inc., a growing alcohol-based alternative fuels developer in the People’s Republic of China that proudly boasts of its product’s low cost and environmentally sound profile, announced today that the Company’s wholly owned operating firm, Heilongjiang New Clean Fuels Co., Ltd, has opened offices and completed construction on a new clean fuel plant in the North Industrial Area of Liaoning Province, Tieling City.
As the maker of clean, alcohol-based fuels which are an 85/15 mix of alcohol and gasoline/diesel respectively, Heilongjiang New Clean Fuels emphasizes the clean-burning rate and high-heat output of its prod...
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3/12/2010
10:56 AM
Today shortly after the opening bell, Consorteum Holdings, Inc. announced that it will now shift its focus on leveraging the previously announced new relationships to provide better value added services to its clients. These new projects and technology relationships will drive new opportunities and revenues for the company.
With the recent launch of Blue Sea Manning’s new payroll and multi-currency program, Consorteum is now able to offer the cruise ship and private yacht industry a highly cost-effective solution for international payroll and currency settlement. This multi-billion dollar industry is in desperate need to reduce the substantial adm...
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3/12/2010
10:56 AM
Response Biomedical Corp., a developer and manufacturer of rapid on-site diagnostic tests for use with its RAMP® Platform for clinical and environmental applications, recently announced that the company recorded total revenue of $9.9 million for 2009, an increase of 69 percent compared to 2008. In addition, revenue for the company’s clinical products jumped 85 percent over 2008 to $6.8 million.
For the year ended December 31, 2009, Response Biomedical reported a net loss of $9.5 million, or $0.04 per share, compared to a loss of $13.7 million, or $0.10 per share, in 2008. Details of the company’s complete financial results can be found at www.res...
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3/12/2010
10:56 AM
Kodiak Oil and Gas reported a net loss of $2.6 million, or $0.02 per share, in the year ending 12/31/2009. In 2008, the company lost $6.5 million, or $0.62 per share.
Despite the loss, Kodiak Oil and Gas showed improvement on various metrics during 2009. Revenues realized from oil and gas sales improved from $6.8 million in 2008 to $11.3 million in 2009.
Kodiak Oil and Gas also increased oil and gas production by 123% on a year over year basis. In 2008, ...
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3/12/2010
10:55 AM
Piedmont Natural Gas reported net income of $113.7 million, or $1.55 per share, for its first fiscal quarter ending 1/31/2010. The company earned $80.9 million, or $1.10 per share, in the same quarter last year.
Piedmont Natural Gas said that its net income for the quarter was artificially boosted by a one-time gain from the sale of a 15% ownership stake in SouthStar Energy Services. The company sold this stake for $57.5 million in early January 2010, and booked a $30.2 million, or $0.41 per share, gain on the sale. Piedmont Natural Gas still retains a 15% stake in SouthStar Energy Services.
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