Archive for May, 2009

Insight Management Corp. (ISIM.OB) Crosses Borders with Position on the Frankfurt Stock Exchange

Friday, May 29th, 2009

Insight Management Corp. is a holding company focused on the oil and gas industry. The company’s business plan centers on growth through acquisition, strategic alliances and proprietary technology developments. The company’s recent move toward growth has pushed it across international boundaries as it announces its newly secured position trading on the Frankfurt Stock Exchange in Germany.

Owned by Deutsche Brose AG, the Frankfurt Stock Exchange is an international trading center that boasts a more than 90 percent turnover rate, making it the largest of Germany’s seven stock exchanges. Trading on one of the world’s largest securities exchanges may benefit shareholders and boost the Insight Management’s global presence, and also reflects the company’s dedication to growth and expansion.

“We have looked at numerous situations to potentially increase shareholder value and we feel that the move to a world class exchange like the Frankfurt Exchange will provide Insight Management and its subsidiaries a robust financial vehicle with a strong market presence in the most environmentally proactive country on earth,” Jennifer Rapacki, president and CEO of Microresearch and future president and CEO of Insight Management, stated in the press release.

News of the company securing its position on the exchanges tails an announcement in April that Insight Management had secured a merger agreement with Microresearch Corp., a regional oil and gas provider. Per the agreement, Microresearch will operate as a subsidiary of Insight Management. It was this agreement that positions Rapacki as the future president and CEO of Insight Management.

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Unigene Laboratories, Inc. (UGNE.OB) Receives Patent for Bone Growth Technology

Friday, May 29th, 2009

Unigene Laboratories, Inc. reported the issue of its first patent for its Site-Directed Bone Growth (SDBG). The technology is designed to facilitate and accelerate bone growth at targeted locations using a minimally invasive procedure that can be performed on an outpatient basis. Animal studies have shown that SDBG can grow significant amounts of high quality bone.

U.S patent #7, 531, 518, “Method of Fostering Bone Formation and Preservation,” claims to provide broad protection for the inducement of rapid bone growth and its subsequent preservation using a variety of therapeutic agents, including parathyroid hormone, calcitonin and bisphosphonates. The U.S. Patent and Trademark Office are currently reviewing several other patent applications relative to the SDBG program.

“The issuance of this first patent provides us with broad intellectual property protection for this novel technology,” stated Dr. Warren Levy, President and CEO of Unigene. “This patent and the potential issuance of other patent applications could provide Unigene with a comprehensive family of patents that would cover a variety of bone ailments that affect a large segment of the population.”

He added, “Although still in the early stages of development, SDBG may ultimately allow surgeons to stimulate rapid bone growth in patients with low bone density in areas such as the hip or spine. In addition, SDBG may ultimately be used to accelerate the rate of fracture healing. We believe that potential future applications may include the treatment or prevention of hip and vertebral fractures, the replacement of current vertebroplasty techniques, the stabilization of prosthetic devices, and the repair of long bone fractures.”

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WWA Group, Inc. (WWAG.OB) Reports Success at Equipment Auction

Friday, May 29th, 2009

WWA Group, Inc. announced the conclusion of the May 26, 2009 auction of US military equipment in Doha, Qatar. This is WWA Group’s second US Military equipment auction in Qatar for Trident Kuwait, an established US Military contractor. The company hopes to increase activity throughout the Gulf region for the US government and their contractors as the auctions continue.

Eric Montandon, WWA Group CEO, stated, “The buyer turnout was good, and the sale prices were better than expected. We look forward to working with Trident and the US military on similar disposals in the future, and increasing the level of our involvement. With WWA managing disposals, and our equity subsidiary Intelspec International managing construction contracts for the US military, we expect our growing relationship with this very solid client to lead to more business in the future.”

Actual sale prices and equipment listings are published daily at www.ironauctions.com. Member registration is free on the site by clicking on “Auction Results.” Anyone interested in consigning equipment to the auctions, or registering to bid, can e-mail info@ironauctions.com.

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Avalon Oil & Gas, Inc. (AOGN.OB) Has Numerous Oil & Gas Properties – Part 2

Friday, May 29th, 2009

Avalon Oil & Gas Inc. is an independent domestic oil and natural gas producer. The company’s strategy is to use efficient reservoir maintenance and innovative technology to generate stable cash flows and production from a portfolio of oil and gas lease properties in Texas, Oklahoma, Louisiana and Arkansas.

Here is a brief overview of a few more of Avalon Oil & Gas properties:

Avalon has a property in Grant Parish, Louisiana. The Grant Parish leasehold consists of the Doris Hall and Fletcher leases. The company owns an undivided 25% interest in both the Doris Hall and Fletcher leases. The entire leasehold has six wells which were drilled in 1979 and had produced in excess of 200 barrels per day of oil. The wells, however, have been shut-in for several years. Avalon has managed to sell over 1,500 barrels of oil over the past six months from these wells.

Avalon also has a 0.7% working interest in the Lake Washington Field in Plaquemines Parish, Louisiana. This property is comprised of three producing wells which produce over 1,000 barrels of oil per day. This field was discovered over 80 years ago and since then has produced approximately 350 million barrels of oil, putting it among the largest oil and gas fields in the US. Avalon will be evaluating additional drilling opportunities in the field next year.

Turning to Texas, Avalon owns a fifty percent working interest in the E.A. Chance #1 and #2 wellbores, and associated 40 acre lease in Camp County, Texas. This is a mature property with these wells having been drilled during the 1950s. The #1 well is currently producing while #2 well is temporarily shut-in pending evaluation of a tubing leak. The #2 well is also under consideration for a conversion into a saltwater disposal well.

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Axial Vector Energy Corp. (AXVC.PK) Targets Energy Efficiency

Friday, May 29th, 2009

The Axial Vector Energy Corp. has a lock on technologies that feed into two of the most important fields today: increased engine efficiency for power generation and vehicles, and increased purification efficiency for the processing of oil. Both areas are driven by growing demand for environmental protection, and stand to gain from worldwide governmental support.

Axial develops and licenses advanced internal combustion engines and power generator technologies, in addition to supporting a patented sonic energy and oxidation process for the more cost effective removal of sulfur and nitrogen compounds from oil. The company’s prototype GENSET power generation product is designed to produce 200KW of continuous power, with an efficiency approaching 98%, a level that is normally only available in major utility sized systems many times larger. The system provides superior performance, increased fuel efficiency, and low noise.

Axial also produces coreless axial flux motors, which are much smaller and lighter than standard electric motors, and are over 95% efficient in converting electrical energy to mechanical motion. This is important, since electric motors are estimated by the U.S. Department of Energy to consume nearly 60% of all the electricity produced in the U.S., and many are relatively inefficient.

The Axial Vector digital engine design can also be used for vehicular propulsion. The technology can be applied to standard car designs to simplify or even eliminate the need for a transmission, and it can also be applied to gas/electric type propulsion, where a super efficient engine generates electricity to drive the car, capturing and releasing energy as needed.

In addition, through a joint venture with Petrosonics, the company now offers the world oil processing industry a more efficient and far less expensive way to remove sulfur from oil. The unique process uses high power ultrasound to reduce nitrogen, trace metals, and, most importantly, sulfur, and has a huge worldwide market potential.

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BakBone Software, Inc. (BKBO.OB) Common Stock Commences Trading on the OTCBB

Friday, May 29th, 2009

BakBone Software Inc., a leading provider of Universal Data Management solutions, announced today that, effective immediately, its stock is trading on the OTC Bulletin Board under the ticker symbol “BKBO.” Previously, the company’s stock was traded on the pink sheets.

“The move to the OTC Bulletin Board will provide more visibility for our stock and our company with investors and help improve our trading liquidity,” stated Jim Johnson, president and CEO, BakBone. “The OTC Bulletin Board quotation is one more important step in BakBone’s efforts to enhance shareholder value.”

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Shermen WSC Acquisition Corp. (SACQ.OB) Acquires the Westway Bulk Liquid Storage and Liquid Animal Feed Supplement Businesses of ED&F Man Holdings Ltd.

Friday, May 29th, 2009

Shermen WSC Acquisition Corp., a special-purpose acquisition company, announced today that it has completed the acquisition of the Westway bulk liquid storage and liquid animal supplement businesses of ED&F Man Holdings Limited. The company also announced that it has changed its name to Westway Group, Inc.

Shermen (now known as Westway Group, Inc.) looks forward to setting a record date in the next several days for the previously announced $1.00 per share special dividend payable to each holder of its common stock as of the record date.

Peter Harding, Chief Executive Officer, stated, “The management of Westway are very excited about the merger with Shermen. It gives Westway an excellent platform to materially grow its bulk liquid storage and liquid supplement businesses.”

Francis P. Jenkins, Jr., founder and Chairman, added, “Westway is an excellent company that will reap strong benefits from its new status as a public company.”

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Kraig Biocraft Laboratories, Inc. (KBLB.OB) Announces Issuance of Stock Dividend

Friday, May 29th, 2009

Kraig Biocraft Laboratories, Inc. was pleased to announce this morning that it has successfully issued its stock dividend.

CEO Kim K. Thompson stated, “The issuance of the dividend has been in the planning for some time and has been an important part of the Company’s plan for returning value to our shareholders. Just as important, we believe that the issuance has laid the groundwork for the Company’s long term future.”

He continued, “The input we have received from our shareholders throughout this process has been and continues to be overwhelmingly positive. We are also very excited about the progress in the laboratory and are very hopeful that the scientific team can maintain their tremendous forward momentum through the summer and fall and into 2010.”

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Energtek, Inc. (EGTK.PK) Foresees Increased Natural Gas Activities in India

Friday, May 29th, 2009

Energtek Inc., a world leader in the development of Adsorbed Natural Gas (ANG) technology, announced this morning that rebounding oil prices and additional Natural Gas (NG) production capacity will increase the potential of its Indian subsidiary to generate significant revenues. Earlier this month, the company stated it expects the subsidiary to report initial revenues during the final quarter of this year.

The Center for Monitoring Indian Economy (CMIE) anticipates NG production in India will increase by more than 60 percent in the coming year. “In 2009-10, we expect domestic natural gas output to grow by a robust 60.5 per cent to 52,239 million cubic metres (mcm),” stated CMIE in its April review.

Incorporated in 2006, Energtek began concentrating into natural gas activities by the beginning of 2007. The revenue projections calculated at that time assumed a $37 per barrel price of crude oil, 25% below the current market price. The price of oil increased rapidly during 2007 and 2008, reaching record highs of over $140 per barrel in mid-2008. The price then plummeted to as low as $35 per barrel by the end of the year. Current expectations are for prices to continue to increase towards $70 per barrel.

“As the price of crude oil rises, the profitability of alternative energy solutions becomes even greater,” stated Energtek CEO Lev Zaidenberg. “Natural Gas is a very competitive energy source with today’s oil prices topping $50 per barrel. This is especially true in India, a country with rapidly expanding NG capabilities.”

“We fully expect our proprietary bulk transportation solutions to provide significant cost reductions to industrial and commercial energy consumers in India, starting this year,” Zaidenberg added. “Producing additional quantities of Natural Gas will expand the number of customers that can benefit from clean and affordable alternative energy. Natural Gas is much cleaner than crude oil, and can be offered at a price significantly cheaper than gasoline, diesel or LPG.”

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Aquentium, Inc. (AQNM.OB) Introduces Non-Chemical Sanitation System

Friday, May 29th, 2009

Aquentium, Inc. recently announced the company’s new mobile non-chemical sanitation system, The Aquentium MOS-1, designed to eliminate or reduce bacteria and viruses in hospitals, restaurants, hotels, schools and food and beverage processing plants.

“Our MOS-1 system utilizes ozone which replaces the need for chemicals and is the natural way to sanitize surfaces and food products. Ozone gas (O3) can be generated by passing high voltage electricity through oxygenated air, causing oxygen to break apart and recombine in the tri-atomic form,” stated Aquentium President Mark Taggatz, “We expect that our cost -effective mobile sanitizing system will be of great benefit to the medical profession as well as the food, beverage and hospitality industries that are seeking a solution to eliminating or reducing bacteria and viruses without having to use chemicals and hot water.”

Ozone can be an integral part of the food, beverage, medical, and hospitality industries; Water containing low concentrations of ozone gas can both remove and kill bacteria or other organic matter that may be present. Ozone offers several advantages in sanitization tasks such as cleaning floors, washing dinnerware, or rinsing of food products susceptible to food borne illnesses, such as meat, poultry, seafood, fruits or vegetables.

Chlorine, ozone’s traditional alternative, has been the sanitizer of choice in the food processing industry. However, experts share a growing concern about its dangerous byproducts, often known carcinogens. Although organic and chemical matter affects the oxidation reduction potential (ORP) of ozone, its ORP is not as sensitive to changes in pH as that of chlorine. Additionally, while chlorinated wash systems require transport and storage of potentially hazardous toxic chemicals, ozone can be produced on sight and does not require storage.

Those companies or individuals interested in distributing the Aquentium line of ozone equipment should contact Mark Taggatz, President & CEO.

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Explorations Group, Inc. (EXGI.OB) Appoints Robert McCann as New President and CEO

Friday, May 29th, 2009

Explorations Group, Inc., a provider of biometrically based security solutions, recently announced the appointment of Robert E. McCann III as their new President and CEO. Upon the appointment of Mr. McCann, the company’s previous President, David Coriaty, became their Executive Chairman.

From January 2008 to May 2009, Mr. McCann served as Chairman and Chief Executive Officer of Revolution Forward Consulting Group, a business transformation consulting company. Prior to that position, McCann worked on Wall Street for 14 years as a licensed broker, Investment Advisor Representative, and General Securities Principal. Additionally, Mr. McCann served as a Board Member of a NASDAQ listed public company. He is also a member of the National Association of Corporate Directors and The Alternative Board. Over the last decade, various companies have sought his strategic advice concerning turnaround situations and new product integrations.

“The opportunity to guide and lead this technology rich company into a world class corporate organization that places tremendous value on its people, products and customers is an incredible and humbling opportunity,” said McCann. “By seizing opportunities afforded in the current economic backdrop, I fully intend to take a page out of Tom Watson Jr.’s playbook when he assumed control of IBM in 1952 and set the company on a course that, by most accounts, resulted in IBM becoming the dominate market leader for the next several decades. With this mindset, our Company is being positioned to become a powerful leader in the biometrically based security and control systems market through its businesses in the telematic, security and lighting industries.”

David Coriaty, Chairman of Explorations Group, Inc, stated, “We are excited to have Robert join the Company. With the leadership skills that he possesses and his commitment to expand upon our existing business model, I am confident that Robert will have a significant impact on the future growth and success of our Company.”

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IR BioSciences Holdings, Inc. (IRBS.OB) Subsidiary Announces IND Submission for Homspera® for the Treatment of Idiopathic Pulmonary Fibrosis

Friday, May 29th, 2009

ImmuneRegen BioSciences, a development-stage biotechnology company and a wholly owned subsidiary of IR BioSciences Holdings, Inc. (IRBS.OB), announced the company’s submission of an Investigational New Drug Application (IND) to the U.S. Food and Drug Administration (FDA) to begin human clinical testing of Homspera® for the treatment of Idiopathic Pulmonary Fibrosis.

Currently afflicting 5 million people worldwide and killing 40,000 people annually, Idiopathic Pulmonary Fibrosis is a progressive interstitial lung disease characterized by scarring of lung tissue and over time prevents the lung from effectively transferring oxygen into the bloodstream. Homspera® is an adult stem cell active compound that has shown the ability to regenerate and strengthen the immune system as well as enhance wound healing. Homspera® has also been shown to affect a number of immunological and non-immunological cell types via its receptor-binding activity at the neurokinin-1 receptor (NK-1R).

ImmuneRegen BioSciences CEO, Michael K. Wilhelm, commented, “This marks a major milestone in our efforts to explore the molecular mechanisms and capabilities of Homspera and its potential to treat a range of complications arising from damage to the immune system.” He added, “We are encouraged by the results of pre-clinical studies of Homspera and look forward to taking our research to this next important level.”

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Wataire International, Inc. (WTAR.OB) is “One to Watch”

Thursday, May 28th, 2009

Wataire International, Inc. is a development stage company with corporate headquarters in Woodland Hills, California. They engage in the marketing and distribution of commercial and home/office atmospheric water generation machines in the United States. Trading on NASDAQ’s OTCBB, the Company is part of the Diversified Machinery industry in the Industrial Goods sector.

Wataire’s target customers include businesses, governments, and people situated in the humid tropics around the world. The Company also owns intellectual property relating to a water treatment process and devices for water-from-air machines. Wataire International has identified high-potential applications for Atmospheric Water Generators (AWGs) in 10 different markets.

The company will initially target the following markets: military applications; oil and mining operations; new and existing tourist resorts, beverage bottling plants, and new luxury condominium developments where they can supply an AWG as a fitted appliance. Their target market also includes humanitarian missions that require AWGs. The Company’s strategy is to collaborate with one of the leading existing suppliers of products and services in each of these markets.

Wataire International, Inc. sells small-scale home/office units. These include an upright model and a countertop model to produce between four to seven gallons of water per day depending on humidity and temperature levels. They also sell commercial/industrial units that produce approximately 1,320 gallons of safe drinking water each day depending on ambient conditions. In addition, Wataire distributes related under-the-counter/over-the-counter units, and the water-producing greenhouse.

Atmospheric Water Generators are a new application of a well-known principle and an existing technology. They work by converting humidity in the air to water. Filtration and ultraviolet treatment ensures the drinking water is bacteria and virus free. Atmospheric Water Generators work using the same principle as a dehumidifier. The difference is that the water collects and stores rather than simply undergoing evacuation.

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Suspect Detection Systems Inc.’s (SDSS.OB) COGITO Technology is at the Forefront of Home Land Security and Defense

Thursday, May 28th, 2009

Suspect Detection Systems Inc. (SDSS.OB) develops various technology solutions for homeland security, military intelligence and law enforcement. The company was created by former Israeli security officials and experts who use their combined knowledge and intelligence of counter-terrorism gained in Israel and other parts of the world to develop security technologies.

One of the company’s first products is COGITO, a fully automated system used to scope out various settings and scenarios to identify malicious activity or intent. This innovative system works on its own, without human control or operation, to conduct interrogations that might otherwise take hundreds of man-hours.

COGITO uses cutting-edge recognition technology, including biometric and documentation verification features, as well as artificial intelligence techniques and algorithms, to weed through suspects to identify terrorists, collaborators, smugglers and criminals. Training for the operation of the system takes only two hours, and the system itself operates in just minutes – proving to be efficient as well as cost and time effective.

The system’s “back office” is a central hub that manages all COGNITO test stations, and has the ability to work on a local or global scale as needed. In this central station, the back office stores test histories, examinees profiles, as well as biometric data. System administration, data distribution, interfacing and other related operations are executed through back office.

The rapid technological advancement of our planet has lead to heightened security risks as terrorists and other criminals utilize science to advance their resources and regimes. SDSS continues to lead the charge to fight back, preventing criminal and terrorist activity across the globe.

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BWI Holdings, Inc. (BWIH.OB) Reports Profitable Period Despite Economy

Thursday, May 28th, 2009

BWI Holdings, Inc., the small but growing Canadian based waste collection and processing company, has shown a remarkable ability to generate profit in spite of one of the worst economic downturns in memory. While many far larger companies have been scrambling just to remain in business, BWI continues to make money, moving forward toward its goal of becoming the #1 waste solution partner in North America.

One of the obvious strengths of the company is the simple fact that people require basic waste collection even in bad times. But commercial and industrial operations have been cutting back and closing their doors at an unprecedented rate, and less production means less waste material to be picked up and processed.

Nevertheless, even with drops in overall revenue, BWI reported revenue of $8,339,000 for the eight months ending December 31, 2008, with a net income of $153,000. This included positive revenue and net income figures for the last two months of that same period. In fact, the net income figures represent a substantial increase in profitability considering the magnitude of losses incurred in prior years while integrating and consolidating many different companies. In addition, higher gross margin percentages for the periods were evidence of the success of BWI’s cost cutting and process improvement strategies.

Jim Can, BWI CEO, spoke of the significance of the achievement. “Given the extremely tough economic climate that we have to deal with, we are very pleased that we can remain profitable and at the same time continue to give excellent customer service. I am extremely proud of our team who recognizes the tough economic times and is willing to persevere, work hard and maintain our strong momentum.” He went to say that they expect to continue growing company sales and improving profitability in the next fiscal year.

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UpTurn Inc. (UPTR.PK): Social Networking and the Real Estate Market

Thursday, May 28th, 2009

The UpTurn Inc. is developing an innovative online real estate matchmaking exchange and social networking site where real estate market participants are matched with each other, based on their individual profiles and intended roles in the market. The company’s site serves would-be buyers and sellers, real estate professionals, and others.

The UpTurn was started by M.I.T. Sloan Business School graduate Jeff Eckman. Mr. Eckman founded Blue Green Ventures in 2008 after 15 years of experience in the technology, media, and healthcare industries. This groundbreaking venture – The UpTurn – has established a Web 2.0 real estate business model. The company is moving to become a key player in this rapidly growing industry, which has been in part fueled by the housing crisis.

The UpTurn does face competition in this rapidly-growing sector. However, the company’s competitors do not offer the match component of social networking that TheUpTurn.com has. The UpTurn will match buyers and sellers, renters and landlords, etc. through profiles based on every criteria imaginable: number of bedrooms, bathrooms, square footage, shopping locations, school preference, cultural activities, etc.

The UpTurn anticipates completing future partnership deals with the following: the National Association of Realtors, TheMLS.com, Flickr, YouTube, MySpace, Facebook, and LinkedIn. Hoping to become as successful as other social networking sites such as Twitter, Facebook, and LinkedIn, the company has its aim set on generating substantial revenues while intelligently bringing the real estate community closer together.

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Power Medical Interventions® (PMII.OB) Receives 510(k) Clearance to Market iDrive Intelligent Power Unit™ with iConsole™

Thursday, May 28th, 2009

Power Medical Interventions®, Inc. (PMII.OB), the world’s only provider of computer-assisted, power-actuated surgical cutting and stapling products, announced yesterday that the company has received clearance from the U.S. Food and Drug Administration (FDA) for its 510(k) application for marketing iDrive Intelligent Power Unit™, a detachable Intelligent Surgical Instruments and iConsole™. As a leader in developing and commercializing Intelligent Surgical Instruments™, Power Medical Interventions intends to launch the iDrive, Intelligent Surgical Instruments and iConsole products for commercial sale, effective immediately.

The iDrive is designed to support a variety of minimally invasive procedures by offering surgeons a broad range of cutting configurations and is a first-of-its-kind breakthrough in operating room instrumentation. The iConsole is a proprietary wireless device that communicates directly with the iDrive during surgical procedures to output specific auditory and visual reference information via its speaker and liquid crystal display. In addition to its broad functionality, the iDrive is reusable, easy to use, cost effective, and less wasteful, potentially leading to savings for hospitals and health networks.

Michael Whitman, president and chief executive officer of Power Medical Innovations, stated, “The iDrive and iConsole are the latest examples of Power Medical Interventions’ commitment to pioneering continued innovation in the surgical arena.” He added, “These instruments will deliver critical advantages to surgeons offering single handed use, flexibility, and access to remote anatomical sites. PMI’s Intelligent Surgical Instruments have applications in open surgery, minimally invasive surgery and the emerging field of natural orifice translumenal endoscopic surgery.”

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Cytori Therapeutics (CYTX) Announces Publication of Cardiovascular Preclinical Study

Thursday, May 28th, 2009

Cytori Therapeutics announced today before the opening bell that the first preclinical study to demonstrate adipose-derived stem and regenerative cells (ADRCs) significantly improved cardiac function after a heart attack has been published. This preclinical study was reported online ahead of print in the International Journal of Cardiology. Funded by Cytori Therapeutics, the study was conducted at Tulane University.

“Treatment of cardiovascular disease, which places one of the greatest burdens on our healthcare system, could be revolutionized by cell therapy,” stated Marc H. Hedrick, M.D., president of Cytori. “We observed a statistically significant improvement in heart function that contributed to our decision to proceed with our APOLLO study. Cardiovascular disease is the most advanced application in Cytori’s product pipeline and could eventually make a substantial contribution to our future commercial activities.”

According to the company, “The APOLLO study is the first clinical trial to investigate uncultured adipose-derived stem and regenerative cells in heart attacks in human patients. Enrollment was recently completed in APOLLO, a double blind, placebo controlled, safety and feasibility trial. Data are expected to be reported in early 2010. The APOLLO study is sponsored by Cytori and has incorporated the Company’s Celution® System to automate the processing of the patients’ cells at the point of care.”

In Cytori’s preclinical study, 17 large animals were treated with their own uncultured adipose-derived stem and regenerative cells immediately after a severe myocardial infarction. Uncultured cells include a multitude of heterogeneous cell types that the company believes facilitate several therapeutic mechanisms. Several functional measurements within the study indicated a significant improvement in both heart function and structure.

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Sector 10, Inc. (SECI.OB) Appoints Director of Business Development

Thursday, May 28th, 2009

Sector 10, Inc. announced today that it has appointed Mr. Patrick B. Love to Director of Business Development. In his new position, Mr. Love will serve as the primary external contact for Sector 10 in Business Development. He will be working with both the investor and lending communities and will report to the Chief Operations Officer.

In addition, Mr. Love will be focusing on introducing new technologies, methodologies, and strategies with partner companies that he will be identifying and establishing relationships with. He has already begun working with Sector 10 in formulating a 5-year Business Development Strategic Plan and believes that Sector 10’s prospects for growth are substantial. Mr. Love stated, “As Sector 10 continues to grow and its products are seen to maximize the protection of anyone in a multi-story building, more and more opportunities for new areas of business and partnerships will emerge.”

Previously, Mr. Love was the Founder and CEO of Lumen IQ, a successful forensic imaging company started in 1997 that now holds contracts with the Department of Homeland Security for their automated fingerprinting systems implemented by Motorola. Clario, a medical imaging company, was an outgrowth of the advanced technologies that Mr. Love developed while leading Lumen IQ. He is an expert in the fields of forensic and medical imaging, and has advanced technological innovation in a variety of fields since 1975.

Sector 10 CEO, Pericles DeAvila commented, “The addition of Patrick Love as the Director of Business Development underscores the Company’s growth strategy. With our Management Team taking shape, we are now starting to execute on a variety of fronts that will inevitably thrust Sector 10 to the leader position in innovative emergency management products and services.”

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Energtek Inc. (EGTK.PK) Announces First of $1.5M Investment by EGFE DM Ltd.

Thursday, May 28th, 2009

Energtek Inc., a world leader in the development of Adsorbed Natural Gas (ANG) technology, announced this morning that it has received the first installment of a $1,500,000 USD investment agreement recently signed with EGFE DM Ltd. The $150,000 tranche is the first of ten such tranches to take place over the next 12 months.

Under the terms of the Letter of Intent signed by the two companies, Energtek will grant EGFE restricted shares of common stock in return for the investment. The investment of each tranche will take place at $0.30 per share or at a ten percent discount on a monthly average market closing price of EGTK shares, whichever is higher. The letter does not include registration covenants.

“We are glad to have completed the due diligence process,” stated EGFE CEO Alick Lawrence. “We believe in Energtek and its technology, as well as the company’s current business development opportunities. Energtek is well positioned in the present economic environment for a rapid increase of activities.

“EGFE has checked and confirmed the viability of Energtek’s present business activities,” commented Energtek CEO Lev Zaidenberg. “Their investment proves the value of our proprietary technologies and the business developments in place, and provides an additional boost for realizing our commercial potential.”

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Kraig Biocraft Laboratories, Inc. (KBLB.OB) is on the Verge of Unlocking Exciting Technology

Thursday, May 28th, 2009

We have been covering Kraig Biocraft Laboratories since December of last year. Those who have read our articles understand why we are excited about this company’s prospects to develop a “super fiber” that can be sold into the technical textiles industry. This super fiber, spider silk, has truly remarkable properties and may have numerous commercial and consumer applications.

Currently Kraig Biocraft is in the research and development stage, but has been making excellent progress in the labs and is now capable of accomplishing five thousand genetic transfers in a single week using its newly designed DNA insertion packets. Additional lab personnel and a change in techniques has significantly boosted productivity and the company’s odds of success.

Artificial or transgenic production of spider silk will surely be viewed by the scientific community as a major breakthrough. Such a development would also likely yield significant coverage in the general business and popular press sectors, perhaps offering Kraig Biocraft Laboratories significant public relations exposure, which could easily drive its market value to much higher levels.

Once achieving a major breakthrough in the laboratory, it could take Kraig Biocraft awhile to completely refine the process. It is anticipated that the company’s management team would actively pursue licensing agreements or the outright sale of the company during this time. Should the company make a breakthrough, we believe it would be unlikely that the company would actually produce the fibers on its own as this would require very specialized management skills and extensive amounts of fresh capital. An acquisition would be much more likely.

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Solar Energy Initiatives, Inc. (SNRY.OB) is Committed to Revolutionizing the Energy Industry

Wednesday, May 27th, 2009

Solar Energy Initiatives was founded with the purpose of executing a grass roots campaign, “RENEW THE NATION”, to help redeploy a portion of the U.S. work force and reduce the world’s dependence on fossil fuels by selling solar thermal and photovoltaic (PV) technologies. Since acquiring the assets of Solar Energy, Inc. last year, the company has rapidly expanded its dealership network bringing many newly trained solar contractors to the growing marketplace.

Solar Energy Initiatives aims to integrate and sell solar thermal and photovoltaic technologies while building a profitable company. Although the company’s focus is on providing wholesale solar equipment to its network of dealers who perform installations, the company also offers a selection of solar equipment and systems through its online “shopping cart” for do-it-yourselfers and hobbyists.

The company’s team and affiliates retain extensive experience and are able to provide technical sizing, support, equipment-matching and sourcing to supply equipment for almost any residential or commercial solar project. Solar Energy Initiatives’ training staff and associates are licensed solar contractors and/or North American Board of Certified Energy Practitioners NABCEP certified.

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Superlattice Power, Inc. (SLAT.OB) Tops Battery History

Wednesday, May 27th, 2009

Superlattice Power, Inc. is all about improving on a concept that has a history of well over two centuries, yet a concept that may be vital to future world development. Many historians would argue that it began in 1748, when none other than Benjamin Franklin first used the word “battery”. He was using it to describe a series of glass and lead plates he had developed, which, when charged, fired off a substantial spark, much like a battery of guns. But it was the early Italian physicist Alessandro Volta who, in 1800, developed the first practical electric cell, a collection of zinc and copper plates able to produce a continuous flow of electricity.

By 1859, French inventor Gaston Plante had developed the lead acid battery, still used in cars today, including some all-electric cars. In fact, electric cars became the first major market for the new batteries, and, by the early 1900s, electric cars actually outnumbered gasoline powered cars. Part of this was due to the inherent complexity of the internal combustion engine, making the earliest versions a major undertaking to operate. They were difficult to start, labor intensive to maintain, smoky and noisy. The all-electric cars of the time had none of those drawbacks.

But, over time, many of the problems of gasoline cars were overcome, allowing the superior power and range of the gasoline car to eventually drive the all-electrics off the road. The old lead acid batteries simply couldn’t match the performance of fossil fuels.

But battery technology continued to develop. The first commercial rechargeable lithium-ion battery, offering one of the best energy to weight ratios, no memory effect, and less energy loss between uses, was introduced by Sony in 1991, revolutionizing consumer electronics. For the first time in decades, it began to look like there might be technologies that would once again allow the electric car to become a real market, especially with the increased pressures in the U.S. to curb emissions and reduce dependence on foreign oil. But safety and other issues with lithium ion batteries meant there was still work to be done.

Then, in 1996, the first lithium ion polymer battery was released, holding their electrolyte in a solid polymer composite instead of a liquid solvent, offering extremely low profile (as thin as a credit card), scalability to almost any size, and improved safety. Progress was being made in the drive to create a battery that could power a competitive all-electric car, and the goal since then has been to come up with a way to increase energy capacity of the Li-polymer battery, while reducing environmental and cost concerns.

This is where Superlattice Power comes in. The company has come up with a better way of structuring the Li-polymer battery, using elements and specialty transition metals that make the resulting battery safer, more environmentally friendly, and less expensive, while allowing it to accommodate more lithium and more energy. Until now, electric cars had to be loaded down with many expensive batteries to get high-range performance. The goal of Superlattice is a small-volume, affordable, and lightweight battery package that will allow an all-electric vehicle to go 200 miles on a single charge. It’s a goal that for the first time in history is reachable.

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Axial Vector Energy Corp. (AXVC.PK) Recruits Muse Stancil for Independent Review of Crude Oil Upgrading Technology

Wednesday, May 27th, 2009

Axial Vector Energy Corp. (AVEC) focuses on the international engine and global energy markets by providing technology solutions for military, industrial and commercial applications. The company earlier this month announced that Muse Stancil will execute an independent review for AVEC’s Oxidating Desulphurization and Heavy Crude Oil Upgrading technology, which the company acquired through its joint venture (PETRO AVEC) with Petrosonics LLC.

Muse Stancil is a global consulting firm, focused on the energy industry, offering solutions for a variety of issues. Per its agreement with AVEC, Muse Stancil will evaluate the technology to determine the most effective commercialization strategy, as well as coordinate a plan to maximize the commercial development and deployment of the technology.

“Muse Stancil is the number one source of validated information to the refinery industry and we look forward to their global assistance in rapid deployment of PETRO AVEC technology,” AVEC Chairman Ahmed Khalifa stated in the press release.

PETRO AVEC currently has worldwide intellectual property patents protecting the technology, which removes sulfur, nitrogen and trace metals from petroleum through power sonic energy in a moderate pressure environment, while at the same time reducing oil density. With more than 1,500 claims are pending, the current patents for PETRO AVEC’s technology are spread throughout 42 countries, representing 55.7 percent of crude oil production, 30 percent of world crude oil reserves, and 40 percent of the world’s refining capacity.

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Avalon Oil & Gas, Inc. (AOGN.OB) Has Numerous Oil & Gas Properties

Wednesday, May 27th, 2009

Avalon Oil & Gas Inc. is an independent domestic oil and natural gas producer. The company’s strategy is to use efficient reservoir maintenance and innovative technology to generate stable cash flows and production from a portfolio of oil and gas lease properties in Texas, Oklahoma, Louisiana and Arkansas.

Here is a brief overview of some of Avalon Oil & Gas properties:

In Miller County, Arkansas, Avalon owns a 50% working interest in the Dixon Heirs #1, Deltic Farms & Timber #1, and Gunn #1 wells along with associated units and leases. These are mature wells, originally drilled in the 1980s, with stable production. Through recent workovers and production optimization activities in the field, Avalon has doubled production since the acquisition of the property in July 2006.

In the state of Oklahoma, Avalon has a couple properties in Noble County. The company owns an undivided 16% working interest in the Hughes #1 well and surrounding acreage. This well was originally drilled and completed in 1998 and tested 4 Mmcf per day. Following a successful workover, the well’s production has been steadily increasing and the increase is expected to continue. Most recently, the well was producing both oil and gas at a rate of 5 barrels of oil per day and 20 Mcf per day.

Avalon also recently acquired a 10% working interest in a property in Nowata County, Oklahoma. The lease contains several wells not currently in production. Plans to bring the wells back into production are in the final evaluation phase and operations should commence before year-end.

Avalon also owns a 50% working interest in a horizontal Paluxy well located in Wood County, Texas. This well was originally drilled in the early 1990s and is currently shut-in to address a casing leak. The company is considering workover options for the well with the goal of re-establishing production.

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