Archive for June, 2011

Bio-Solutions Corp. (BISU) Makes New Appointment to Board of Directors

Thursday, June 30th, 2011

Today, Bio-Solutions Corp. announced that they appointed Mr. Mark S. Solomon to their Board of Directors. Mr. Solomon is a practicing attorney in Fort Lauderdale, Florida. He has more than 32 years of law practice experience. In addition, he sits on both the Florida and Federal Bar Association.

Mr. Solomon will replace Mrs. Ghislaine St-Hilaire, whom, as of May 1, 2011 resigned from the Board as Secretary. Mrs. St-Hilaire will be joining a new start-up company; she will be intimately involved in the daily operations leaving no extra time for Bio-Solutions Board activities.

Gilles Chaumillon, the President and CEO of Bio-Solutions Corp., stated, “I would like to take the opportunity to personally thank Ghislaine. In addition to being on the Board, Mrs. St-Hilaire was also a Founder of Bio-Solutions Corp. Mrs. St-Hilaire will be missed. We at Bio-Solutions wish her good luck in her new endeavor.”

Mr. Solomon stated, “Bio-Solutions is embarking on an aggressive market expansion of its products as well as entering the Durable Medical Equipment (DME) space. DME is a $26 billion dollars marketplace, representing a huge growth potential for Bio-Solutions. I am very excited about the prospect of Bio-Solutions Corp. I look forward to guiding the Company through its growth phase and rightly represent its shareholder interest.”

With headquarters in Mirabel, Québec, Canada, Bio-Solutions Corp. markets organic products to counter Malaria. The Company’s lead product is GREENEX™. This is an organic insecticide available in solid or liquid form. GREENEX™ neutralizes and eradicates up to 98 percent of the mosquito larvae, within a 24-hour period.

The production of GREENEX™ is from a strain of Bacillus thuringiensis subspecies israelensis (Bti). This naturally occurring bacterium produces a crystalline protein toxin (crystal) and a spore. The larval activity of GREENEX™ formulations and all other Bti formulations is because of the presence of the protein toxin. The spore has no larvicidal activity.

Furthermore, Bio-Solutions Corp. is a biotechnology company specializing in veterinary care and organic dietary supplements for livestock. The Company’s prime objective is to improve the yield in the chain of livestock production based on added value natural products.

The Company’s NutraAnimal™ is an innovative milled supplement. It consists of active ingredients of organic marine source. NutraAnimal™ represents a natural alternative used as a growth promoter.

For more information visit: www.bio-solutionscorp.com

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Elite Pharmaceuticals (ELTP) Side-Steps Bankruptcy Threat, Posts Yearly Revenue Increase

Thursday, June 30th, 2011

Elite Pharmaceuticals Inc., a specialty pharmaceutical company dedicated to developing and commercializing oral controlled release products, today announced results for the fiscal year ended March 31, 2011.

Total revenues increased 28 percent to $4.3 million compared to 2010 total revenues of $3.3 million. The company generated $1.6 million in positive cash flow, compared with negative operating cash flows of $1.4 million last year.

Elite attributes the increases primarily to the manufacture, sale and lab services related to its Lodrane line of products, which were discontinued in April 2011 after the U.S. Food and Drug Administration ordered the removal of hundreds of cough and cold and allergy products, including Lodrane, off the market.

The company reported a loss from operations at $0.9 million for the 2011 fiscal year, compared with a loss from operations of $1.9 million in the prior year.

Elite notes that the operating loss this fiscal year includes $1.4 million in charges stemming from a recent decision by the FDA, which the company said would have a significant negative impact on the company. Elite is appealing these decisions.

GAAP net loss for fiscal 2011 was $13.6 million, or $(0.14) per common share, compared to a GAAP net loss of $8.1 million, or a loss of $(0.11) in the prior year.

Jerry Treppel, chairman and CEO of Elite, emphasized the company’s successful efforts to stave off the threat of bankruptcy.

“I am extremely proud of all the employees at Elite who helped the company complete an astonishing operational turnaround from the verge of bankruptcy to an operating profit. Of course we cannot control the decision-making process of the FDA which has negated much of our hard work. Nonetheless, we have generated other revenue producing opportunities and will continue to do so,” Treppel stated in the press release.

For more information visit http://www.elitepharma.com

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Scorpex, Inc. (SRPX) Takes on Mexico’s Growing Baja Peninsula

Thursday, June 30th, 2011

In much of Mexico, the rules for waste management are changing, reflecting a growing population, tourism, and industrialization. In an attempt to tighten up waste management regulations, the General Law for Waste Prevention and Waste Integral Management was published in the Official Federal Bulletin for Mexico, and it became clear that additional resources were needed to address Mexico’s most severe waste management problems.

Nowhere is the subject of waste management more relevant than on Mexico’s Baja Peninsula, the long strip of land running 775 miles from the southern border of California south to Cabo San Lucas, dividing the Pacific Ocean from the Gulf of California. The area is a relatively large generator of waste in comparison to other parts of Mexico, as tourists and providers move in to take advantage of incomparable weather, a vast string of magnificent beaches, and a growing resort and hospitality industry. Agricultural waste is also growing, from areas suitable for growing citrus fruits, grapes, and other popular products, and the mining industry continues to develop.

Enter Scorpex, a Nevada-based company taking the necessary steps to build a full service waste disposal and recycling company, including toxic and hazardous waste, to serve the Baja California region of Mexico in the northern half of the peninsula. Scorpex Mexico corporate headquarters are located in Rosarito in Baja California, and the first Scorpex waste processing plant is being developed in nearby Ensenada.

The company has carefully planned and designed the facility, working closely with community representatives and expert consultants, and has complied with all legal and business requests at every level. As a result, the Mexican government has fully endorsed the Scorpex project, and a significant amount of construction has already been completed.

For additional information on Scorpex, visit the company’s website at www.Scorpex.com

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GTX Corp. (GTXO) GPS Tracking Apps Crosses Over 1 Million Users

Thursday, June 30th, 2011

GTX Corp. is a leader in embedded real-time GPS tracking and personal location services. The company today announced that its LOCiMOBILE subsidiary’s GPS Tracking Apps crossed over 1 million downloads with users in 116 countries.

The GPS tracking app is a simple way to stay connected to a child, parent, friend or business associate. Users can quickly and accurately do so from a smartphone or internet ready device like the iPod, iPad or Android tablet, with the touch of a button.

The company pioneered 2-way GPS tracking technology over 9 years ago and defined a whole new category of location-based services by coining the phrase “Personal Location Services”. Over those 9 years, LOCiMOBILE’s 2-way GPS tracking platform has earned a significant increase in awareness and demand. Its tracking apps continue to be on the top charts of iTunes and Android marketplace. This has given GTX a strong foothold in the $13 billion industry.

Looking ahead, GTX is continuing to expand its LOCiMOBILE ‘proximity marketing platform’. It has recently partnered with MyChamberApp.com and launched a deal of the day for Pizza Hut in Longview, Texas. Such initiatives are expected to be a future revenue generator for the company.

For additional information on GTX Corporation, please visit the company’s website at www.gtxcorp.com

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Attunity Ltd. (ATTUF) Chosen to Provide Real-Time Business Intelligence Solutions for Scalability Experts

Thursday, June 30th, 2011

Attunity Ltd., a provider of software for real-time data integration and event capture applications worldwide, has announced that it has been chosen by Scalability Experts as a solution partner to deliver affordable, turn-key data integration and BI solutions leverage the award-winning software for data integrations and real-time Change Data Capture (CDC) technology offered by Attunity.

Scalability Experts will be able to further accelerate, simplify, and allow for real-time integration of data in order to increase the performance of its customers’ operations and their return on investment (ROI). Customers in mixed IT environments will be able to benefit from Attunity’s data integration technologies, which include real-time data connectivity, data replication/ CDC and data federation. Scalability’s Experts provides for the cutting-edge implementation and support to complete the solution.

“Our data management expertise spans all leading database platforms, and we choose strong, complementary solution partners, like Attunity, to add value with best-in-class technology,” said Rajinder Gill, Founder and President of Scalability Experts. “Our customers will benefit from being able to drive greater value from their database operations while having a variety of efficient data integration options that enable initiatives including real-time data warehousing, operational business intelligence, MDM, replicating data from one source to another, and synchronizing two or more data sources to ensure data consistency. All is possible through Attunity’s industry-leading CDC and data replication technology.”

Award winning Attunity CDC Suite for SSIS, is a quick, cost-effective, and complete solution for the replication and real-time integration for data from numerous source systems, which utilizes the SQL Server Integration Services (SSIS). Attunity Stream along with CDC Technology offers efficiency in time, cost, and resources, complements the ETL Applications, monitors and transfers the only the data that has been altered on the source systems, and eliminates the need for big bulk-data transfers from one system to next.

“The need to readily access real-time information continues to grow, especially for operational business intelligence and data warehousing,” explained Mel Passarelli, Vice President and General Manager for North America at Attunity. “Customers are working hard to meet these demands and will benefit from the combination of Attunity’s award-winning, easy-to-use technology with the data management and BI solution expertise that Scalability Experts offers.”

For more information on the Company and its products and future endeavors, visit their company website at http://www.scalabilityexperts.com

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CUI Global, Inc. (CUGI) Retains Merriman Capital (MERR) to Advance Market Opportunity

Thursday, June 30th, 2011

CUI Global Inc., a platform company dedicated to the acquisition, development, and commercialization of new, innovative technologies, today announced that Merriman Capital Inc. will head-up CUI’s investment banking strategy and assist the company in up-listing to a national exchange.

William Clough, president and CEO of CUI, said that CUI has achieved significant milestones that have positioned and prepared the company to transform those achievements into greater shareholder value. The company’s first step in advancing its position was engaging professional assistance from Merriman Capital.

“The retention of this nationally recognized investment banking firm, coupled with our recent engagement of the Liolios Group, completes the team necessary to allow the company and its shareholders to step up to a national exchange like the Nasdaq or NYSE-Amex,” Clough stated in the press release.

For CUI, the next steps include broadening its investor base and driving increased exposure to larger financial markets through listing on a national exchange. The company anticipates continued strength driven by new and existing product offerings.

“With release of our Solus™ Topology and the traction we are gaining with our Vergence (GasPT2) device, we anticipate continued revenue growth from our existing product offering as well as from the introduction and commercialization of new and proprietary technologies. With this continued growth, we believe it is time to move CUI Global onto a broader, national platform and further our mission of enhancing shareholder value,” Clough stated. “We continue to believe that a move to a national exchange will allow our shareholders to more easily benefit from our recent and future accomplishments.”

For more information visit www.merrimanco.com

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Vista Gold Corp. (VGZ) Reports on Australian Drilling Program

Thursday, June 30th, 2011

Vista Gold Corp. reported the initial results of an exploratory drilling program at the company’s gold property in Australia.

In 2010, Vista Gold initiated a bankable feasibility study at the Mt. Todd project, located in Northern Territory, Australia. The company is investigating whether gold can be produced in commercial quantities from the Batman deposit at the site.

The first phase of this study involved drilling ten holes into the Batman deposit, and obtaining 5,740 meters of samples. The samples were then sent to ALS-Chemex, Genalysis Laboratory Services and North Australia Laboratories for multiple assay tests.

Vista Gold reported that the results of the initial phase confirm the mineralization of the Batman deposit and provide information for future drilling programs at the property. The company said that the results also extend that mineralization to the eastern side of the deposit.

Vista Gold estimates that prior to the recent drilling program, the proven and probable gold reserves present in the Batman deposit was 4.1 million ounces, with measured and indicated gold resources of 1 million ounces.

Vista Gold said that the company is working on a new resource estimate incorporating the results of the recent drilling program and expects to be finished by August 2011.

For more information on the company, go to http://www.vistagold.com

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China Botanic Pharmaceutical Inc. (CBP) Receives Patent for Siberian Ginseng Extraction Process

Thursday, June 30th, 2011

China Botanic Pharmaceutical Inc. is a company on the rise. Located in Harbin, China, this young company has quickly earned a reputation for their research, development, manufacturing, and distribution of botanical products and bio-pharmaceutical products. Today, China Botanic took a major step towards prominence with announcement they have been granted a patent from the State Intellectual Property Office of the People’s Republic of China for its Siberian Ginseng.

The patent is No. ZL200710301682X and will not only protect the Siberian Ginseng (Acanthopanax) but will also protect the resulting Siberian Ginseng extracts and their application will provide market exclusivity for a period of 20 years.

The patent covers a wide variety of possible Siberian Ginseng extraction methods and applications, creating a high barrier to entry for competitors seeking to develop similar Siberian Ginseng products, and, as a result, it confers significant independent intellectual property rights. These medicines are state-of-the-art in that they are powerful new tools in combating depression and senile dementia and have been recognized as “class one new drugs” and “innovative drugs” by the State Food and Drug Administration of China.

Leading the team at China Botanic is Mr. Shaomin Li whom serves as the Chairman and CEO of the evolving company. Li stated, “It is highly gratifying to receive patent protection for our advancements in the treatment of depression using all-natural Siberian Ginseng extracts. With our exclusive access to a large proportion of the Siberian Ginseng resources, and now this important protection for the extracts we obtain from the plant, our methods of preparation and their applications, we feel this is a major step forward. The issuance of this patent will enhance the commercial potential of our Siberian Ginseng applications in China, one of the largest markets for depression therapies, and further strengthen our leading market position.”

Currently, China Botanic is trading in the $0.80 range. To learn more about their new patent and the company as a whole, visit the corporate website at: www.renhuang.com

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Callidus Software Inc. (CALD) Partners with Mapping Analytics to Provide a New Paradigm in Sales Performance Management Software/Service

Thursday, June 30th, 2011

Callidus Software, a top market and tech leader in Sales Performance Management (SPM) via Software-as-a-Service (SaaS) applications, reported today that the Company has officially partnered (signed in Q2) with makers of the revolutionary ProAlign® Sales Territory Alignment and Optimization solution, Mapping Analytics.

Senior VP of Marketing at CALD, Lorna Heynike, laid it all out very clearly, stating that the key to optimal sales performance is the ability to blanket a market and provide total coverage. Heynike asserted that the Mapping Analytics partnership is wholly consistent with this objective as CALD will now be able to vastly extend the Company’s Monaco On Demand SPM suite handsomely, providing exemplary territory management capabilities, enabled by an integrated mapping system for powerful visualization that allows for rapid alignment of territories across multiple regions. Heynike pointed out the immediately obvious benefit to customers, who will get a higher return on investment in their sales force, being able to quickly optimize and map personnel load to vectors like customer concentration, overall workload and sales potential.

The efficiency upgrade this solution enables is remarkable and the partnership makes complete sense from a strategic standpoint. The power of the Mapping Analytics’ ProAlign® Sales Territory Alignment & Optimization Software framework allows a business to map strategic endpoints like company locations, customers, prospects, sales people and just about any other salient target. Basically, they have a solution that dynamically auto-creates balanced solution sets for territories based on a wide variety of inputs, anyone who has ever managed a large sales force can immediately grasp the technical functionality and overall efficiency such a solution provides.

President of Mapping Analytics, Ralph Rothfelder, commented on the partnership and extolled the resultant, which he affirmed benefits both from the superior ProAlign mapping technology and Callidus’ award-winning, full-spectrum sales talent lifecycle solutions.

Because Callidus’ products address the entire lifecycle from onboarding to incentivisation structures, ongoing training/mentoring and user-centric performance optimization, the complete transparency and visibility of the underlying process yields surety of analysis regarding operational and financial performance. This really offers unprecedented capabilities for customers to effectively manage the sales force and to simultaneously focus more on channeling key business objectives in order to maximize sales.

Because the ProAlign solution leverages ESRI ArcGIS®, the world’s top geographic mapping environment and is fully integrated with the Alteryx® geographic business intelligence platform, we get an end product that seamlessly feeds custom data through a dynamic software environment. This environment surpasses all expectations for analytical and report development tasks.

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Inovio Pharmaceuticals (INO) Prostate Cancer Vaccine Shows Success in Primate Trial

Thursday, June 30th, 2011

Inovio Pharmaceuticals Inc., a leading developer of therapeutic and preventive vaccines, today announced that its SynCon ™ therapeutic DNA vaccine (INO-5150) for prostate cancer demonstrated positive immune responses in monkeys.

The company said the results support similarly strong, antigen-specific and sustainable T cell levels in previously reported data from earlier animal studies. Inovio said the new data reinforces its plan to a start phase I clinical trial for INO-5150 by the middle of next year.

Dr. J. Joseph Kim, Ph.D., president & CEO of Inovio, emphasized the potential of the vaccine in human models.

“The immune response data achieved by our SynCon™ prostate cancer vaccine in this large animal study is exceptional. It reinforces the repeatedly and consistently strong, long-lasting immune responses achieved by Inovio’s DNA vaccine platform against multiple cancers as well as other diseases,” Dr. Kim stated in the press release. “We are optimistic about the potential of this therapeutic vaccine in our planned prostate cancer human study and broadly speaking for cancers in general, including our currently progressing cervical cancer and leukemia phase II clinical studies.”

Inovio is currently manufacturing clinical grade INO-5150 with the goal of launching its planned phase I study in mid-2012. The company plans on enrolling a total of 148 patients across 25 study centers in the US., Korea, South Africa, Australia and Canada.

Inovio is currently conducting a phase II study for its cervical cancer vaccine. The randomized, placebo controlled, double blind study as designed to evaluate the effects of VGX-3100 treatment on the clearance of moderate or severe cervical intraepithelial neoplasia (CIN 2/3) cervical lesions.

For more information visit www.inovio.com

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Verdant Automotive Corp. (VRDT) Announces the Naming of New Chairman of the Board

Thursday, June 30th, 2011

Verdant Automotive Corp. recently announced the naming of Mr. Graham Norton-Standen as their new Chairman of the Board effective immediately. Possessing an extremely rich background with several top tier organizations, Mr. Norton-Standen is a well-known, well-respected, infrastructure manager and advisor.

Mr. Norton-Standen brings a significant amount of corporate experience to Verdant Automotive Corp. He served as Chairman of the Board, CEO, Board Member, Senior Advisor, Group Advisor, Corporate Advisor and numerous other positions with many of the world’s leading companies and fund managers. These include Gartner, EDS, Digital Equipment Corporation, British Telecom, Hewlett Packard, Unisys, Tata Group, and Cable & Wireless, Deutsche Bank, Reuters, P&O and other organizations.

He also acted as an advisor to a number of government and professional bodies during his tenure in different organizations. These included the European Commission, the World Energy Council, EPRI, the Centre for European Policy Studies and the Governments of Sweden and Australia in the run up to privatization of certain industries.

Furthermore, Mr. Norton-Standen acted as a board member to the United States Trade and Investment Council based in Brussels. He is a Fellow of the Institute of Directors.

Mr. Norton-Standen commented, “I’m very excited to be working with the incredible team at Verdant. After meeting them, seeing their motivation and excitement for the electrification of transportation and hearing their story, I knew I wanted to be a part of this dynamic developing story.”

Mr. Daniel Elliott, Verdant Automotive Corp. CEO, stated, “Graham’s incredible experience and knowledge base in the electric infrastructure space is amazing. As a holding company for clean technology, transportation and infrastructure related ventures and initiatives, Verdant has gained a tremendous value in Mr. Norton-Standen.”

Verdant Automotive Corp. is a holding company for clean technology, transportation and infrastructure. They focus on removing barriers to the electrification of transportation. This is through the development of premier electric vehicles, infrastructure and other supporting technologies.

For more information visit: www.verdantautomotive.com

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HotCloud Mobile, Inc. (HOTM) Announces Plans to Establish Wholly-Owned Subsidiary

Thursday, June 30th, 2011

Vertically integrated wireless telecommunications company, HotCloud Mobile, Inc., released news today that it is establishing a wholly-owned subsidiary, Stars Wireless, Inc., to build out a multi-channel distribution infrastructure and also manage retail and wholesale channels.

HotCloud will provide its new subsidiary with inventory financing, distribution capital, and multi-channel product distribution. HotCloud will also use its distribution network and historic customer base to promote and market Stars Wireless, Inc.

Mr. David J. Bleeden, CEO of HotCloud Mobile, Inc., remarked, “Stars Wireless will pre-load HotCloud Mobile applications onto its phones, PDAs and tablets, which will allow us to reach every customer who buys equipment directly and indirectly through wholesalers. For every customer that buys a phone from Stars Wireless we’re getting a potential app sale that will generate recurring revenue to HotCloud. For example, when you consider the opportunity that getting a million handsets into consumers’ hands creates, the business model becomes really exciting.”

The subsidiary will work directly with the company’s HotCloudMobile.com direct-to-consumer website.

“We have a wholesale customer list of about 2,000 clients. These are people I have done business with previously, sold branded phones and mobile accessories to and have an established relationship with,” Bleeden said.

He continued, “Our new wholesale subsidiary, Stars Wireless, Inc., will be led by an established industry veteran who brings immense experience and past successes to our organization. We feel that we can move hundreds of thousands of mobile handsets, pre-loaded with our licensed apps, in the first six to nine months. This will form the cornerstone of our equipment business.”

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MobileBits Holdings Corp. (MBIT) to Merge with Pringo

Thursday, June 30th, 2011

Yesterday, MobileBits Holdings Corp. announced that it had signed a merger agreement with Pringo, Inc., with the assistance of advisory from Rodman & Renshaw LLC, and Siemer & Associates.

MobileBits’ services provide targeted advertising on smartphones through the company’s web and smartphone apps. Pringo, based in Los Angeles, produces a suite of software tools designed to deploy and manage websites, with multilingual portals, CMS, user management and social collaboration tools. Pringo’s clients include Comcast, Square Enix and eHarmony.

This merger allows for the creation of new systems to supply relevant, target advertising and content to smartphone users. Under the terms of the agreement, MobileBits and Pringo shareholders will each own 50% of MobileBits outstanding shares of common stock.

Walter Kostiuk, Chief Executive Officer and Chairman of MobileBits said, “This merger complements, enhances and accelerates our company’s strategic business plan and solidifies our consumer product offerings. In addition, integration of Pringo technology will empower MobileBits to introduce its product offerings into the enterprise sector as well.”

“Pringo’s existing and profitable line of enterprise products, combined with the state-of-the-art mobile technologies offered by MobileBits, will support all enterprises desiring a full end- to-end digital strategy,” added Majid Abai, Chief Executive Officer of Pringo. “This is a fantastic opportunity for both organizations to deliver a unique set of product offerings focused on both consumer and enterprise sectors.”

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Conforce International Inc. (CFRI) Launches Commercial Production of Proprietary System in Indiana

Wednesday, June 29th, 2011

Conforce International Inc., operating as a container terminal in Canada, today announced it has initiated commercial production of its proprietary EKO-FLOR™ xts composite trailer floor system at its manufacturing facility in Peru, Indiana.

The company has received initial orders of more than $450,000 from CIMC Vanguard National Trailer Corp.

“CIMC Vanguard has been eagerly awaiting the launch of EKO-FLOR commercial production in Peru, Indiana. We gave Conforce small initial orders earlier this year and plan to build on those orders in the coming months. …,” Charlie Mudd, president of CIMC Vanguard stated in the press release.

Mudd said that as Conforce increases its production capacity in Peru, the company’s sales force will aggressively offer EKO-FLOR to its fleet customers, and noted the product’s impact on the company’s market position.

“EKO-FLOR is lighter, stronger and longer lasting than any other floor available today. We have always been on the front end of new advancements in the industry. Innovations like EKO-FLOR™ allow us to maintain our competitive advantage,” Mudd stated.

Conforce expects to be running at 20 percent of its manufacturing capacity by October 2011, at which time it will have shifted to 24/7 production. Running at full capacity, the facility is capable of generating gross revenue in excess of $12 million monthly.

For more information visit www.conforceintl.com

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Arista Power, Inc. (ASPW) is “One to Watch”

Wednesday, June 29th, 2011

In the transition to a world of clean, renewable power – solar, wind, etc. – the same problem always seems to crop up without a readily available solution. That problem is how to store the energy produced for later use. After all, the sun isn’t always shining and the wind is always blowing. Energy storage is the “holy grail”, if you will, of the renewable energy industry.

Arista Power, formerly known as WindTamer Systems, has developed a proprietary “Power on Demand” system that consists of a wind turbine, solar panels, power inverters, and specially designed “Smart” delivery battery storage system, all of which are connected together with a ‘mini-smart grid’. In effect, it is a power and storage unit rolled into one.

Each “Power on Demand” system is custom-tailored by the company’s engineers to provide options to blend renewable energy inputs in an efficient manner. The system works to smooth power demand on the grid, especially at peak hours, and lowers electricity costs by about 30% by providing stored power from its battery when a customer’s demand load hits peak levels.

The system has drawn rave reviews and with good reason. Its payback, or return on investment, period can be as low as 2 to 6 years. This compares very favorably with 15 to 20 years for most stand-alone renewable energy systems that do not incorporate the storage technology contained in the “Power on Demand” system.

However, “Power on Demand” is not Arista Power’s only product. It also has the “Mobile Renewable Power Station”. It is intended to replace portable generators in remote locales that currently run on diesel fuel.

This product is already winning orders, not surprisingly, from customers such as the US Army. The Army purchased one of its “Mobile Renewable Power Stations” and is testing it at its Aberdeen Proving Ground in Maryland. The hope is that Arista’s technology will prove satisfactory and therefore be used in far-off battlefields like Afghanistan where lives are lost every day delivering fuel (energy) to frontline locations.

The company also recently announced that the FBI has placed an order for its “Mobile Renewable Power Station”. Arista Power expects many such orders going forward, especially from the military and other government agencies. This is thanks not only to the quality of the product but to its management’s credibility and marketing contacts with the military in particular.

Much of the success going forward with government contacts may depend on Arista Power’s top-flight management team. The team includes former executives and engineers from Ultralife Corporation, a designer and manufacturer of energy storage and communications systems, such as CEO William A. Schmitz, Mark Matthews and Adeeb Saba. Additionally, five other engineers have joined the company from Ultralife.

With two such cutting-edge products – which are already winning customers – Arista Power seems destined for big things in the years ahead. For more information about the company and its unique technology, visit its website at www.aristapower.com

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ProGreen Properties, Inc. (PGEI) Announces Business Update

Wednesday, June 29th, 2011

PreoGreen Properties Inc., a company engaged in the business of acquiring, refurbishing, and upgrading residential real estate in the State of Michigan, has recently announced the following business update.

Having established and administered the ProGreen concept in the Company’s wholly owned properties, creating a solid rental record over the course of the previous year, arriving at a 15%+ return, ProGreen is now prepared to move to the next level of property investments.

ProGreen now aims to acquire large-scale multi-family real estate properties and is currently looking at several bank-owned complexes, which range from 67-300 units. ProGreen believes that there is an immediate opportunity to acquire highly distressed multi-family properties in the state of Michigan and in some other areas, where the administration of the ProGreen concept will create a new attraction and aspect to living in an apartment.

ProGreen is also looking into the viability of taking the ProGreen concept a step further in connection with these bigger projects, with the possibility of implementing solar technology along with advanced sustainable eco solutions.

ProGreen has a goal to be able to showcase its first “green” apartment complex, attracting a new crowd of renter, which will appreciate and believe the necessity of green technology in the residential market. The Company believes that this “new” kind of renter, who fully understands the beneficial aspects of living in an eco-friendly home, providing for more comfort and reduced costs for utility, will be growing over the upcoming years.

If ProGreen’s multi-family properties can be at the forefront of this “new wave” of green apartment living, it will create better loyalty from renters, increased occupancy, with corresponding higher returns in rental and in the process increase real estate values.

Even though financing is currently very restricted in the United States, the Company has identified various European investor groups, with whom the company is currently in talks with, to partner up with ProGreen in order to finance these larger scale projects. They are also reviewing other potential real estate lenders in the United States in order to secure the funding that is necessary.

“We are very excited to now be able to focus on bigger projects, vital for our company to be able to create substantial growth. Our experience gained during the past year, has been extremely valuable and will serve as a spring board for larger property investments. We can see the coming two years being a ‘window’ for very good opportunities. In our opinion, timing is now right as we believe the real estate market has now bottomed out and some ‘green shoots’ are starting to show in the real estate market,” says Jan Telander, President & CEO.

For more information on the Company, visit their website: www.progreenproperties.com

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American Petro-Hunter, Inc. (AAPH) Makes First Sale of Oil to Sunoco from North Oklahoma Project Wells, Projects 130 BPD Production from All Sources and $4.2M Yearly Cash Flow

Wednesday, June 29th, 2011

American Petro-Hunter, the domestic exploration and production company with majority holdings in Kansas and Northern Oklahoma, reported inaugural sales today of production from the Company’s NOM1H and NOS122 wells, located at the North Oklahoma Project.

This sale effectively adds another two producing wells to AAPH’s already strong portfolio and makes a total of four wells, including the No. 1 and NOJ226 wells, at the North Oklahoma Project which are actively producing. With the NOS227 slated to come online and start producing shortly, AAPH is eager to get a running production tally for the end of the month which can be reported to shareholders, showing the total amount of oil sold from the storage tanks at the North Oklahoma Project to majority purchaser for the project, Sunoco.

The initial sale is expected to ship out to Sunoco this July 1 and AAPH is confident that within the next 30 days they will have established a daily net production which is comfortably in the 130 BPD range. That production figure would represent production from the five wells in Oklahoma and the other two producing wells in Kansas, climbing even higher as significant additional barrels and BOE of natural gas are expected to be produced readily once production rates have stabilized and are established for the North Oklahoma wells.

American Petro-Hunter is projecting some $4.2M a year in cash flow based on these production figures and intends to roll the revenue generated back into advancing existing projects and meeting planned development costs. The Company intends to drop another horizontal well and is currently in the final stages of associated planning and scheduling, solidly intent on maximizing production from North Oklahoma acreage.

As indicated, the Company anticipates releasing more concrete production figures very shortly and interested parties can visit the Company’s website to learn more at: www.americanpetrohunter.com

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MusclePharm Corp. (MSLP) Ensures Product Quality from the Top Down

Wednesday, June 29th, 2011

Every product sold by MusclePharm, a Colorado-based provider of bodybuilding and general fitness supplements, is the result of a lengthy development process, involving the work and input of scientists and medical personnel, along with fitness experts, professional level athletes, and coaches. In addition, the company’s Advisory Board represents a wealth of scientific expertise in the field of nutrition and therapeutics.

• Dr. Eric Serrano is considered one of the leading sports nutrition doctors in the country, with clients that include athletes from the NFL, NHL, and MLB.
• Dr. Roscoe Moore is a former U.S. Assistant Surgeon General, serving for many years at varying levels with the U.S. Department of Health and Human Services.
• Dr. Michael Stevens has over 20 years of diversified healthcare and pharmaceutical industry experience, including 17 years at Bristol-Myers Squibb.
• Dr. Ron Sekura is the former Chief of the Pharmaceutical and Regulatory Affairs Branch of the Division of AIDS at the National Institute of Allergy and Infectious Diseases, at the NIH.
• Dr. Jeffrey Stout is an Associate Professor and Director of the Metabolic and Body Composition Laboratories in the Department of Health and Exercise Science at the University of Oklahoma.
• Mariel Selbovitz is a graduate of Cornell University, and received her Master’s in Public Health at the Johns Hopkins University. Among many other things, she is a partner in BioEquity Partners.
• Louie Simmons is a strength consultant for a number of NFL and college football teams, including the Green Bay Packers and New England Patriots.
• Greg Jackson is a well-known expert in mixed martial arts, and has trained and developed top-ranked fight teams, with several fights appearing on Spike TVs Ultimate Fighter.
• Paul Dillet is one of the most influential bodybuilders in the world, and has been instrumental in creating a new era in fitness and bodybuilding for the everyday athlete.

For additional information on MusclePharm and their products, visit the company’s website at www.MusclePharm.com

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BizRocket.com, Inc. (BZRT) Emphasizes Importance of Kid-Safe Social Networking Site

Wednesday, June 29th, 2011

BizRocket.com, Inc. has developed and recently brought online what it calls the safest and most fun pre-teen social networking site available. Not surprisingly, the site, www.KidzRocket.com, is believed to be especially timely and necessary for both kids and their parents, simply because online safety is considered one of the biggest, and yet most difficult to solve, issues that parents now face when raising children. The site was developed to address the now common dangers that pre-teens face when using social networking sites.

One of the major problems is that information kids post on their social networking pages can easily make them vulnerable to predators, as well as cyber-bullying and phishing scams. Phishing comes into play when you or your child receives an email or instant message that appears to be from a government agency, financial institution, Internet Service Provider, or some other trusted organization. The message looks genuine, but is not, and can be used to download viruses or to obtain additional information, leading to various forms of identity theft or worse. Once a system or a name is compromised, it can be exceedingly difficult to repair.

The main page of the KidzRocket site lists specific information that parents need to know about regarding Internet and social networking use by children.

• 71% of adolescents have set up online profiles
• 69% of these adolescents get online personal messages from people they do not know on a regular basis. Even more scarily, most of them do not tell a parent or another trusted adult about it.
• 64% of youth post photos or videos of themselves online, and almost all don’t really think about who might be viewing them. 56% post info about where they live. Nearly 10% have posted their cell phone number online.
• Overall, 19% of adolescents report they have been harassed or bullied online, Girls are more likely to be harassed or bullied than boys.
• Adolescents with parents who have talked to them “a lot” about online safety are less likely to consider going to meet with someone they met on the Internet.

For more information, visit the company’s website at www.BizRocket.com, and their KidzRocket site at www.KidzRocket.com

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International Stem Cell Corp. (ISCO) Reports Significant Improvement in Subsidiary Product Sales and Customer Base

Wednesday, June 29th, 2011

International Stem Cell Corp., a biotech company focused on therapeutic applications of human parthenogenetic stem cells, today announced that its wholly owned subsidiary Lifeline Cell Technology achieved 35 percent growth in 2011 first-quarter product sales, and gained more than 200 new customers over the year prior.

The company attributes the improvement to more than 30 new product introductions, as well as the development of worldwide distribution channels in Japan, India, Taiwan, South Korea and Singapore.

Lifeline also noted significant progress in its growth strategy, which includes expanding product applications into manufacturing human tissues and cells for clinical use. The company develops, manufactures and markets the Lifeline® brand of cell culture products, and plays a supporting role in ISCO’s long-term strategy to be a leading developer and manufacturer of human cells and human-cell-based products for clinical applications.

Lifeline CEO Jeffrey Janus highlighted the company’s partnership with Cytograft Tissue Engineering, and how it affects ISCO’s business plan.

“… Importantly, we have also moved closer to validating the feasibility of ISCO’s strategic plan as our proprietary FibroLife® media is being used to cultivate tissue-engineered blood vessels for Cytograft Tissue Engineering in Novato, California,” Janus stated.

Lifeline recently moved into new laboratory facilities with cGMP level manufacturing capabilities as it prepares to produce clinical grade products.

For more information visit www.internationalstemcell.com

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Conforce International Inc. (CFRI) Gives Business Update on Its Operations

Wednesday, June 29th, 2011

Conforce International Inc. is the developer of an innovative composite flooring system known as EKO-FLOR. EKO-FLOR has been engineered to replace the outmoded hardwood flooring currently employed by the transportation industry. It is significantly lighter, stronger and more durable than wood and has already yielded successful platform tests and over-the-road results.

The company today announced that it has started commercial production of its proprietary EKO-FLOR composite floor trailer system at its manufacturing facility in Peru, Indiana. The company will begin 24/5 production from its proprietary manufacturing platform in mid-July. It expects to have built out 20% of its manufacturing capacity by October 2011, by which time it will shift to 24/7 production.

The initial orders received by Conforce for its EKO-FLOR product came from CIMC Vanguard National Trailer Corporation totaling in excess of $450,000. This company plans to have its sales force aggressively market EKO-FLOR to its fleet customers and position it as a standard premium option on all of its trailer lines.

This order is just the beginning for Conforce. It expects broad adoption of EKO-FLOR throughout the industry. It has already had discussions with leading highway truck and trailer manufacturers including Great Dane Trailers, Wabash National, Utility, Fontaine Trailer and Hyundai Translead. At full production, its facility in Peru, Indiana will be capable of generating gross revenue in excess of $12 million per month.

For further information on Conforce International, please visit its website at www.conforceintl.com

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Applied DNA Sciences Inc. (APDN) Video Chart for Wednesday, June 29, 2011

Wednesday, June 29th, 2011

APDN is in a very interesting position that deserves some attention as the moving averages are all converging.  Support and resistance is defined as the indicators are trying to move into “bull mode,” but they will have to continue their upward movement to fully get there.

To view the video chart, visit the following link: http://www.qualitystocks.net/videocharts.php

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Greenwood Gold Resources Ltd. (GGRI) Acquires Working Interest Option in Mining Property

Wednesday, June 29th, 2011

Greenwood Gold Resources Ltd. announced that the company has purchased a working interest option in a mining property in Canada. The company believes that the property is prospective for gold and copper.

Greenwood Gold Resources purchased a 100% working interest option in the Summer property, a 2,360 acre mining concession located in British Columbia, Canada. The option was purchased from Candorado Operating Company Ltd., an exploration mining company headquartered in West Kelowna, British Columbia.

Greenwood Gold Resources said that the Summer property is located in the Quesnel Trough, a regional depositional belt that runs for hundreds of miles through British Columbia. The Quesnel trough is the source for many of the producing mines in the province.

Greenwood Gold Resources believes that the Summer property has the geology and mineralization that is indicative of a gold and copper deposit.

The agreement requires Greenwood Gold Resources to perform an exploration program at the property at a cost of $350,000. The company has already issued 6,144,975 shares of its common stock to Candorado Operating Company Ltd. and must also pay $150,000 to earn a 40% interest in the property.

For more information on the company, go to www.greenwoodgoldresources.com

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Car Charging Group, Inc. (CCGI) to Celebrate Installation of EV Charging Stations in Union Station Parking Garage

Wednesday, June 29th, 2011

Yesterday, Car Charging Group, Inc. announced that they and the Union Station Parking Garage will conduct an electric vehicle (EV) “plug-in” ceremony on Thursday, June 30, 2011 at 11 a.m. This is to celebrate the installation of EV charging stations in the Union Station Parking Garage. The event will take place on Level 1 of the parking garage. The Union Station Parking Garage is located at 30 Massachusetts Ave. NE, in Washington, D.C. The new charging stations constitute only the fourth public EV charging facility in the D.C. area.

Following a car charging demonstration, attendees will have the opportunity to conduct their own EV test drives. Car Charging Group, Inc. will use an EV for the demonstration and test drives. The two models were purchased recently for the federal fleet as part of a federal initiative to adopt advanced vehicle technologies.

Car Charging Group installed Level II ChargePoint® Networked Charging Station, manufactured by Coulomb Technologies, for EVs at the Union Station Parking Garage. The garage is managed by USPG LLC. USPG is a collaboration of Colonial Parking Inc. and Epark of Washington, D.C. They are two of the leaders in parking in the D.C. region.

Andrew C. Blair, Chairman of USPG, commented, “We are thrilled that our garage has been chosen for this visionary project. It shows that the parking of vehicles can be consistent with energy conservation.”

Michael D. Farkas, CEO of Car Charging Group, Inc., said, “We are excited to celebrate the installation of these charging stations. President Obama has made it a goal to have 1 million electric vehicles on our roads by 2015. These stations, a mere stone’s throw from the Capitol, represent our commitment to ensuring that the President’s goal is achieved.”

Headquartered in Miami Beach, Florida, Car Charging Group, Inc. is an owner and provider of EV charging stations. Their mission is to establish a nationwide infrastructure. This is to enable EV and PHEV owners to charge their EVs anytime, anywhere. The Company began their operations nationally in September of 2009. They are looking to expand their operations internationally.

The Company owns, provides, installs and maintains electric vehicle charging units. They work with their landowner partners to identify appropriate locations for their charging stations. Car Charging Group provides convenient, safe and affordable charging stations away from home in customer-friendly public locations. These locations include municipalities, shopping malls, parking garages, multi family residential and commercial properties.

For more information visit: www.CarCharging.com

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AdCare Health Systems, Inc. (ADK) Inks $38.5M Acquisition in-line with M&A Strategy

Tuesday, June 28th, 2011

AdCare Health Systems, Inc., a leading senior living and healthcare facility management provider, today announced it will acquire, lease or become the manager of 15 skilled nursing facilities in South Carolina, North Carolina, Virginia and Tennessee for $38.5 million, representing the company’s largest acquisition thus far.

Two of the facilities are to be purchased, nine leased, and four managed by AdCare. With an aggregate of nearly 2,000 beds, the facilities generate an estimated $93 million in gross annualized revenues, which are expected to be immediately accretive to AdCare’s earnings upon completion of the transaction in the fall.

Including previously announced transactions, AdCare’s estimated annualized revenue run-rate is anticipated to top $268 million, a more than 400 percent increase over 2010 revenues and an increase of more than 900 percent over revenues in 2009 when the company launched its current M&A campaign.

“This agreement brings the total number of facilities we’ve put under contract to 46 since we began our M&A campaign in the fall of 2009, and is by far our largest transaction to-date,” Chris Brogdon, AdCare’s vice chairman and chief acquisitions officer stated in the press release. “It represents our first entrance into South Carolina, Virginia and Tennessee, and expands our presence in North Carolina. The addition of these facilities is in line with our expansion into the Southeast, and will leverage the support staff we’ve already established in the region.”

The company is also evaluating additional acquisition opportunities in the Midwest and said it will continue to focus on its current M&A plan in the second half of 2011.

For more information visit www.adcarehealth.com

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