Monthly Archives: February 2013

Cardium Therapeutics, Inc. (CXM) Generx Cardiovascular Solution Marches to a Different Beat

February 28, 2013

Coronary artery disease – the No. 1 cause of death worldwide – kills more than 17 million people around the world each year. It’s easy to skim over the statistics when “death” dominates global headlines. We are desensitized to a bold and ruthless serial killer among us that has literally stopped millions of hearts dead in their tracks. The real clincher is that this killer can be stopped.

Health and active living advocates have exposed cardiovascular disease for what it really is – an often self-inflicted disease that could be prevented by adhering to a healthy lifestyle. Despite an increasingly educated population, the human race, collectively, isn’t ready to forfeit poor eating choices and wise-up to heart health. That’s why regenerative medicine company Cardium Therapeutics is conducting countless hours of research and development to offer a non-conventional approach to coronary artery disease.

Traditional treatments for heart disease ranges from drug therapy to highly invasive bypass surgeries, stents, angioplasty, and grafts. Cardium’s counter solution is a one-time, non-surgical gene-based treatment option called Generx, administered using a standard cardiac infusion catheter.

Generx is designed to work with and enhance the body’s natural healing process by stimulating blood vessel growth in the heart, which in turn generates blood flow. Clinical studies of Generx show improved cardiac perfusion (blood flow, in this case) within eight weeks. To-date, Generx has completed four randomized clinical studies at more than 100 medical centers in the United States and Western Europe.

Cardium plans to enroll 100 men and women with myocardial ischemia from coronary artery disease for the upcoming ASPIRE phase 3 clinical study to evaluate the Generex’ safety and efficacy. The ASPIRE study will mark the fifth clinical study under Generex’ clinical development program, which will prepare the company to seek regulatory approval from the Russian Health Authority.

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Enertopia Corp. (ENRT) Reports Submission of Mildred Peak Arizona, Gold Copper Silver Project Permits

Enertopia, whose resource development strategy is focused on top-tier economic projects based in Latin and North America, reported today that property vendor for their Mildred Peak gold-silver-copper project in Arizona, Altar Resources, has applied for the necessary diamond drilling permits to cover up to six holes of a new program designed to test for southwesterly expansion of the gold-silver mineralization identified during last year’s program.

Moreover, the new program will be chasing after the high-grade gold vein at depth during this first drill program of the 2013 exploration season, testing for returns on the ROFR acreage (right of first refusal), which consists of approximately 1,260 acres that are adjacent to the company’s already sizeable 7,148 acres of 100% optioned lands. The site itself is some 65 miles outside Tucson, in the heart of a major, well-known porphyry copper deposit region; and the historical work at the site, stretching back to the 1800′s, is patently obvious, with multiple historic pits.

President of ENRT, Robert McAllister, seemed quite excited about the potential for near-term identification of several large, near-surface bulk tonnage gold and silver areas of mineralization, as per the already submitted drilling permit configuration, whose main objective was to outline this shallow gold-silver resource. McAllister assured markets that the company was eager to engage investors about the potential here, as well as at the company’s 1.15k-acre Copper Hills project in southwestern New Mexico, asserting that the showcasing of current exploration at the upcoming PDAC 2013 (Prospectors & Developers Association of Canada) conference from March 3-6 (Booth #2813) would afford interested parties a huge chance to do so.

The drilling program itself looks like it will be around 1.8k feet in six holes just northwest of the historic Gold Bullion mine, and with solid testing to the northwest from last year’s program, all indication lights are lit strongly for the presence of some choice mineralization here. In conjunction with the upcoming drilling program, ENRT has been rigorously going through the historical data on their 100% optioned lands at Mildred, a process which has already kicked up some very promising historic core drilling/sampling results that have yet to see the light of day. Unfortunately the exact location of the drill and chip sampling has yet to be verified and it looks like we will have to wait and see what kind of actionable intelligence this latest spate of drilling turns up with regard to such tantalizing historic indicators.

The company will be moving historic diamond drill coring to a new, larger facility where further analysis can be performed, with core re-sampling taken into contrast alongside the database of core data in an effort to clearly identify the location of these excellent historic results. The primary core re-sampling endpoint will be driving for an assay of the, as yet, un-assayed historic core in hopes of getting a better understanding of both the limitations of historic mining at the site’s Jupiter/Gold Bullion mines and of where the undeveloped, similarly high-grade gold is located.

Given the rich tapestry of mineralization on this site, from the pervasive siliceous alteration in felsic conglomerates and argillites in the northeast, containing solid gold, copper, and silver hits, to the southwest areas where argillites and felsic volcanics hold more copper and silver mineralization with strong secondaries in iron and manganese oxides, the company has plenty of leads to follow in the upcoming drill program.

NI 43-101 Qualified Person for today’s report was Donald Findlay, MSc. Geo., a 33-year industry veteran and director of the company’s Board.

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The Guitammer Company, Inc. (GTMM) Joins North America’s Largest Buying and Marketing Organization

The Guitammer Company, a leader in low frequency sound and creator of the award-winning line of ButtKicker®-brand audio transducers that provide an immersive “4D” entertainment experience, just announced it has joined Nationwide as a vendor and will be an exhibitor at its PrimeTime! Buying Show and Member Conference taking place March 3rd – 6th at the Venetian Convention Center, Las Vegas, NV.

ButtKicker brand products will be on display at Guitammer’s booth, #4240, and in two locations at Nationwide’s SOLUTIONS Central. Notably, they will be a ““Featured SOLUTION” during the event.

“We are excited to offer ButtKicker brand products to our members,” stated Jeannette Howe, Executive Director of Specially Electronics Nationwide. “There has been an enthusiastic ‘buzz’ about ButtKicker leading up to the PrimeTime! show and I am very confident that this new partnership between Guitammer, Nationwide and our members will be a long lasting success for all involved.”

She continued, “I am especially pleased that ButtKicker brand products will be demonstrated in the SOLUTIONS Central, a must-visit destination for members PrimeTime! experience. Imagine a simulated showroom space featuring live operating examples of Nationwide’s leading edge Member Services along with specialists who can demonstrate their capabilities and answer members’ questions.”

Mark Luden, President of Guitammer, added, “We are appreciative of the opportunity to become part of Nationwide and look forward to significantly expanding our dealer network and retail footprint throughout the US and Canada.”

In addition to exhibiting ButtKicker brand products at its own booth and at SOLUTIONS Central, Guitammer will be introducing its product lineup to CEOs and owners of Specialty Electronics Nationwide and its Cantrex Canadian Division member companies during the conference.

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Let us hear your thoughts below:, Inc. (LFLS) Anticipates Solid Growth as Housing Market Continues to Thaw

Pending home sales for January rose 4.5%, better than an increase of 2.0% pegged by most analysts. The National Association of Realtor Wednesday said the index climbed to its highest reading in nearly three years, marking a 9.5% improvement over the same time last year. Following the report, U.S. markets cruised higher as investors read the data as evidence the housing market will keep recovering.

Knowing that lender underwriting standards are more favorable for best-credit borrowers than sub-prime borrowers,, a California-based online brokerage firm focused on standard “A” paper loans, is experiencing growth along with the broader market.

According to preliminary figures, LFLS anticipates full-year 2012 revenue growth of 61% to $1.03 million versus revenues of $644,000 reported the year prior, and a 41% increase in earnings to $262,000. The company also trimmed $98,000 in revolving debt from free cash flow.

Despite signs the housing marketing is stabilizing, the crash and wake of 2008 isn’t far enough in the past for many hopeful homebuyers. To alleviate concern and streamline the home buying process, LFLS offers a myriad of online services, such as mortgage calculators, service partners, organizational tools, industry news, and even a searchable glossary where potential buyers can familiarize themselves with mortgage lingo.

With interest rates near record lows and the housing market signaling a broader economic rebound, company chairman and President Steven M. Hershman believes the company is positioned to benefit as confidence in the market grows. LFLS plans to take advantage of the warming housing environment by expanding service to include offerings in more states.

“Purchase activity is gaining traction with mortgage rates near record lows. sees highly favorable market conditions as a catalyst for ongoing significant improvement in our business growth and future expansion,” Hershman stated in a press release last month.

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Viscount Systems, Inc. (VSYS) Receives Additional Freedom Orders from British Columbia Government

Security systems and software company Viscount Systems has received orders to provide security units to additional facilities owned by the British Columbia Government. Per the agreement, Viscount will install new and/or upgrade existing units of its Freedom Encryption Bridge access control system along with MESH touch screen intercom panels as part of an ongoing deployment of more than 100 facilities.

“We are pleased to see existing clients continue their rollouts of Viscount technology,” Stephen Pineau, CEO of Viscount stated in the press release. “Much of our Freedom revenue for 2012 is related to initial and pilot systems that are now being expanded. As we continue to accumulate new clients we anticipate strong growth for the balance of 2013.”

Viscount’s Freedom system allows entry devices such as IC cards, RFID readers, and biometrics to be integrated with standard building IT networks without requiring costly control panels associated with traditional systems.

Freedom uses existing logical IT security software (LDAP) to replace both the control panel component and the software component of traditional systems, resulting in cost reduction of up to 80 percent.

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CytRx Corp. (CYTR) Hits Patient Enrollment Target in Phase II Clinical Trial for Tamibarotene

CytRx is a biopharmaceutical research and development company specializing in oncology. The company’s current oncology pipeline includes two programs in clinical development for cancer indications, aldoxorubicin, and tamibarotene. It also completed evaluation of a third drug candidate, bafetinib, and is seeking a partner for further development of the drug.

The company reported today that enrollment of 140 evaluable patients has been completed in its global Phase 2b clinical trial with CytRx’s oral retinoid compound tamibarotene in combination with chemotherapeutic agents. Tamibarotene was developed to be superior to ATRA, an FDA-approved retinoid, by binding to its molecular target more selectively.

The combination will be used as a first-line treatment for patients with advanced non-small-cell lung cancer (NSCLC). Patients with stage IIIb or IV squamous or adenocarcinoma NSCLC who had not received prior non-adjuvant chemotherapy have been enrolled in this double-blind Phase 2b trial at sites in the United States, Mexico, India, Russia, Bulgaria, and the Ukraine.

The main goal of the clinical trial is progression-free survival. Secondary goals include response rate, overall survival, and RAR beta expression, a potential biomarker for responders.

The market for this type of cancer is decent-sized. By 2015, it is projected to be $13.3 billion. So if the trials are successful, it will be good news for CytRx, which holds the North American and European rights to certain tamibarotene intellectual property for the treatment of NSCLC. Tamibarotene is currently marketed in Japan for a rare form of leukemia.

For additional information about Cytrx Corporation, tamibarotene, and its entire portfolio of drug candidates, visit

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Ecosphere Technologies, Inc. (ESPH) Inducted into IHS CERA Week’s 2013 Class of Energy Innovation Pioneers

Ecosphere Technologies, a water engineering, technology licensing and manufacturing company, has been selected to join IHS CERAWeek’s 2013 class of Energy Innovation Pioneers.

The annual Energy Innovation Pioneers program selects participants based on their potential to impact the future of energy, spotlighting innovative and distinctive new technologies in the energy spectrum. This 32nd year of IHS CERAWeek is expected to attract more than 2,000 industry, policy, and financial individuals.

“We are extremely honored to be recognized as an Energy Innovation Pioneer by an organization as prestigious as IHS,” John Brewster, CEO of Ecosphere stated in the press release. “Ecosphere’s patented Ozonix(R) water treatment technology has and will continue to have a positive impact on the environment while helping energy exploration companies to reduce costs, increase treatment efficiencies and eliminate liquid chemicals from wastewater treatment operations.”

Per inclusion in the class, Ecosphere Energy Services CEO Robbie Cathey will participate in the IHS CERAWeek 2013 executive conference held in Houston, Texas, March 4-8. Cathey will participate in the Energy Insight Breakfast session March 6 and will present in the Innovation Pioneer Showcase March 7.

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Online Resources Corp. (ORCC) Launches Virtual Collection Agent 5.0

Online Resources, a prominent supplier of financial technology services, announced that it has launched Virtual Collection Agent (VCA) 5.0. This new product is the most updated version of its web-based debt collections tool for financial institutions and billers of all types.

“VCA provides an online emulation of the live agent interactions that many indebted consumers would have had over the phone in the past,” explained Janie West, ORCC chief marketing officer. “It enables consumers to arrive at a payment resolution in a private, non-confrontational environment via the Internet. VCA gives consumers the full service experience they expect, but it’s all handled using intelligent automation to determine each person’s eligibility for payment plans and tailoring of payments to that consumer’s specific situation to resolve the overdue status if payment in full cannot be made immediately.”

The 5.0 version boasts a suite of new features that add value to lenders and billers as well as the consumers they serve. Companies can reduce operating costs, maximize collections, and reduce loan losses for overdue auto loans, mortgages, credit card bills, and other personal debt using VCA’s 24×7. It also simultaneously provides customers with a more effective method to restore their good account standing and eliminate the hassle of debt collection. Each biller’s eligibility rules can be used to offer customized payment programs and settlement arrangements online. The eligibility rules can be tailored around existing account data or real-time consumer information.

There are a number of exciting new features for lenders and billers, including:

– Detailed access to consumer behavior data and new, intuitive tools to control automation of online offers;

– Multi-account relationship capability with each consumer so that a single sign-on will take customers to any of their accounts that need resolution;

– Promotional code support, enabling marketing campaign and previous interaction with call center agent tracking to arrive at repayment offers specific to each consumer;

– Consumer experience in virtually any language; once consumers sign on to the site and specify their preferred language, each subsequent visit is automatically set to use that language; and

– Addresses Americans with Disabilities Act (ADA) accessibility concerns with the option to certify as WCAG 2.0 Level AA compliant.

VCA is currently collecting at a rate of $2.4 billion per year, and West points out the additional benefits to billers and lenders.

“When a $300 payment prevents a lender from charging off a $5,000 balance, that has a direct impact on an organization’s bottom line. Through champion/challenger studies, we’ve measured VCA’s average reduction in loan losses at 10 percent annually. We expect future results will identify even greater value in returning customers’ accounts to good standing – and profitability,” said West. “Organizations seeking to improve their collections would be well-served to augment their legacy methods with a tool geared toward the preferences and behaviors of today’s consumers whose primary need is to resolve the situation without embarrassment or having their schedule interrupted. Consumers simply do not want to be contacted by a live agent. With the Virtual Collection Agent 5.0, billers can collect more, for less, while restoring good, profitable relationships with their customers.”

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Viscount Systems Inc. (VSYS) Management Leads a Security Paradigm Shift

February 27, 2013

Viscount Systems, Canadian-based designer and producer of commercial access control and security products for thousands of sites in over 30 countries, is introducing the world to a new-generation of commercial security.

The company is eliminating the need for the expensive and difficult to upgrade traditional approach to access control by applying advanced software and communication technologies to the process, allowing the deployment of access control on IT platforms. It’s an approach that most existing security companies have trouble with because it is fundamentally different, and they don’t have the needed IT product development and engineering skills, nor access and relationships with the “IT-side” of enterprise and government organizations.

Viscount, on the other hand, has a leadership and advisory team that is well-versed in these technologies, as well as the security industry in general.

• Steve Pineau (CEO) has been a visionary leader with Viscount since 1997 and anticipated the paradigm shift currently underway in the security industry. He thoroughly understands the operational, technological, and financial aspects of the business.

• Dennis Raefield (COO), past President of the Honeywell Access Systems division, which operates at a $100 million annual revenue level, and past President of Pinkerton Systems Integration, is an expert in the integration of large security systems.

• Shayne Bates (Advisory Team) has a long history as a thought leader in the unification of physical and logical access control, and has emphasized Active Directory in his approach, working closely with Microsoft in developing cloud strategy.

• Ron Martin (Advisory Team) is known throughout the security industry for his expertise in Identity Management and Physical Access Control systems.

• Paul Brisgone (Board Member) has 34 years of experience with ADT, most recently as the VP of their Federal Systems Division.

• Robert Liscouski (Board Member) was the first Assistant Secretary for the US Department of Homeland Security.

• Paul Goldenberg (Board Member) was appointed to the Homeland Security Advisory Council by Janet Napolitano and has a distinguished career in criminal justice.

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Solar America Corp. (SOLX) to Integrate Solar Energy Labs’ Intellement Photovoltaic Hot Water Technology with Solar Power Stations

Solar America, developers of cutting-edge turnkey solar energy products and solutions, like the company’s 300W to 2,000W off-grid-ready Home Solar Power Station, reported executing an MOU (memorandum of understanding) today with solar thermal and solar hot water firm, Solar Energy Labs.

The deal brings these two entities squarely into a collaborative framework where the combined force of both companies can be brought to bear on incorporation of SOLX’s solar power station technology and the Intellement photovoltaic hot water system platform developed by Solar Energy Labs. The resulting technology will offer a one-stop-shop for renewable, highly-efficient hot water and supplemental power, enabling homeowners and small business in the target demographic to breathe a little easier when it comes to meeting these demands.

CEO of SOLX, Robert Bludorn, hailed the opportunity to work closely with the team over at Jacksonville, Florida-based Solar Energy Labs as a milestone for the company and spoke fondly of this effort to merge the best technical aspects of existing technologies on both sides of the equation. Bludorn was very optimistic about the power of the resulting technology to address significant, unmet demand within the sector and projected that the collaborative effort would open up “entire new markets” for both companies.

The development will take advantage of the interoperability of SOLX’s Solar Power Station, which can connect to virtually any type of existing commercial solar panel within minutes, bringing a new dimension to the off-grid capabilities of the system. The resulting hardware will not only have the self-contained and readily deployable ease of use for which the Solar Power Station is already known, converting sunlight into clean, environmentally friendly 220VAC power which can then be consumed by lighting, appliances, computers, and the like (or pumped back into the grid), but will also provide a ready source of hot water.

The combined systems architecture would meet the needs of several potential solar projects currently under evaluation by the company and would represent a powerful silver bullet-type of answer for homeowners and small business looking to double-down on their energy independence. Moreover, the system will be great for remote deployments and isolated operations, also promising to be a perfect answer for those looking to go totally off-grid without sacrificing any of the convenience, as an optional 3-unit battery pack allows users to enjoy hours of uninterrupted AC power anywhere the system can be set used.

This is a huge leap forward in the already winning end-to-end solutions provided by the company and a successful combination of technologies should allow SOLX to gobble up even more market share in the already well-engaged residential, commercial, and governmental markets.

For more information on Solar America, visit

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Bergamo Acquisition Corp. (BGMO) Means Clean Water and Clean Air

Using a unique funding system, Bergamo Acquisition is in the process of evaluating global investment opportunities. One strategic investment strategy involves a unique solar powered water pumping system that can be used to power the pumping and processing of water for communities in remote areas of developing nations. Not only can the system provide critical water to millions of people, it also eliminates the pollution produced by the small and inefficient combustion engines often used for pumping in third world countries.

The solar pumping system is comprised of a solar array, a power inverter, and an efficient AC pump.

• Solar Array – The array includes a number of PV modules to capture and convert sunlight to a dependable flow of DC electrical energy.
• Inverter – The proprietary electrical inverter not only converts the DC voltage from the PV modules to AC for driving the pump, it also controls and regulates the pumping operation system, monitoring the available sun energy and adjusting the output frequency to achieve maximum power.
• AC Pump – The 3-phase AC power induction water pump is submersible, and is available in a variety of sizes and types to effectively pump water from wells, rivers, or lakes.
• Processing – Bergamo can also deliver custom water treatment units in different sizes for use in the desalinization or purification of water for drinking.

The system has many additional applications, including:

• Desert Control (sea water desalinization, agricultural irrigation)
• Daily Water Supply (forest irrigation, city waterscape)
• Landscape Fountains
• Pasture Animal Husbandry
• Island Water Supply
• Wastewater Treatment

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The Aristocrat Group Corp. (ASCC) Hires Idaho Distillery to Produce Debut Vodka

The debut ultra-premium vodka line set to be branded and sold by the Aristocrat Group Corp.’s brand management division, Luxuria Brands, will be produced by Idaho distillers Distilled Resources, Inc. (DRinc), the company announced today.

DRinc will distill, bottle, cap and seal the forthcoming spirit, which will be delivered to TOP Shelf Distributing, a wholly owned subsidiary of ASCC. Robert Federowicz, ASCC’s CEO, traveled to Idaho last week to close the deal.

“DRinc distills neutral spirits from Idaho russet potatoes, organic grains and Idaho winter wheat for use in award winning vodkas, liqueurs, and other specialty spirits,” Federowicz said. “We’ve been tremendously impressed with the craftsmanship this all-American company puts into the spirits they produce. They are more than capable of meeting the high standards for smoothness and flavor that we’ve set for Luxuria Brands’ debut product, and we can’t wait to raise a toast to the first case out the door.”

Another crucial element in DRinc’s selection was the distiller’s ability to produce the vodka on a swift timetable. ASCC has already developed a sophisticated marketing plan for the American-made liquor, which includes a three-picture product placement deal with feature film studio Outpost Media, Inc. Shooting on the first film, Killing Time, wrapped two weeks ago.

ASCC sees vodka, America’s best-selling spirit, as the key element to growing its brand management division, Luxuria Brands. The success of the endeavor will allow the company to compete in a highly profitable sector alongside Limited Brands, Inc. (NYSE: LTD), Proctor & Gamble (NYSE: PG), New York & Company, Inc. (NYSE: NWY) and Chico’s FAS, Inc. (NYSE: CHS).

For more information on this initiative, please visit

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HII Technologies, Inc. (HIIT) is “One to Watch”

HII Technologies is an oilfield services company serving the power, water, and safety markets with innovated solutions that are in high demand and used by exploration and production (E&P) companies. With over a decade of experience in the energy business, the company has established a solid track record as well as developed an extensive network of relationships with oil and gas E&P companies, energy consultants and advisors, vendors, suppliers, and strategic corporate partners.

HII Technologies’ power subsidiary, South Texas Power, provides portably onsite diesel and natural gas generators to E&P companies that are in remote areas and don’t have ready access to a power grid. AES Water Solutions, the company’s water transfer division, provides above ground temporary infrastructure to transfer millions of gallons of water needed in connection with hydro-fracing of oil and gas wells. HII Technologies’ safety consulting business, AES Safety Services, helps E&P companies meet the increasing state and federal requirements for 24/7 safety personnel on site from the early stages of preparing for drilling to the final completion work.

Management’s relationships in the markets it operates is a key to the company’s success. Matt Flemming, CEO of HII Technologies has twenty years’ experience as CFO and CEO of high growth companies and ten years in oil and gas services and manufacturing markets. Brent Mulliniks, P.E., is a frac engineer by training and as President of AES Water Solutions brings significant experience and knowledge to the hydro-fracing water transfer business. Jason Cuevas, GM of South Texas Power, was previously GM of National Oilwell Varco Portable Power division in the heart of the Eagle Ford Shale in S. Texas.

The company seeks differentiation of its operating divisions by accessing and acquiring technologies, as well as evaluating joint ventures, while successfully executing its organic growth strategy. Significant growth and profitability is projected by management as the company continues to meet the needs of the ever expanding energy marketplace. Leveraging an array of competitive strengths and deep expertise in the energy services business, HII Technologies is well positioned as one of the most dynamic oilfield service companies in the United States.

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BG Medicine, Inc. (BGMD) Announces Publication of Two Studies on Galectin-3 Test

BG Medicine is a diagnostics company focused on the development and commercialization of novel cardiovascular tests. The company has two products: the Galectin-3 test for use in patients with chronic heart failure and the CardioSCORE test for the risk prediction of major cardiovascular events.

The company today announced the publication of two studies (in the United States and Europe) demonstrating the clinical utility of repeated galectin-3 testing as a useful tool in the assessment of patients with heart failure. The studies, which involved more than 3,300 subjects, demonstrated clearly that periodic evaluation of galectin-3 levels helped doctors identify those patients at greater clinical risk of a cardiac event.

Galectin-3 is a unique carbohydrate-binding lectin, or protein. It has been implicated in a variety of biological processes involved in the development and progression of heart failure. Galectin-3 is also believed to be a primary factor in abnormal thickening and stiffening of the heart muscle and in changes in the heart structure.

The company’s president and CEO, Eric Bouvier, commented on the publication of the studies, “We are very encouraged by these published results, which add to the growing body of evidence supporting thr repeated use of galectin-3 testing as an ongoing monitoring tool in the care of patients with heart failure.”

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Overland Storage, Inc. (OVRL) SVP Named to CRN Channel Chief for Third Consecutive Year

Overland Storage announced yesterday that Jillian Mansolf, Senior Vice President of Global Sales and Marketing, has been named as one of CRN’S 2013 Channel Chiefs. CRN’s list recognizes executives who have driven channel sales and growth for their organization, while benefiting the entire IT industry as a whole. This is Mansolf’s third consecutive year on this prestigious list.

Channel Chiefs are selected by the CRN editorial team based on channel experience, program innovations, channel-driven revenue, and public support for the importance of IT Channel Sales. The 2013 Channel Chiefs list is featured in the 2/25/13 issue of CRN Magazine and will be featured online at

Mansolf remarked, “It’s an honor to be recognized as a CRN 2013 Channel Chief, among such an influential group of IT leaders, for the third year in a row. This recognition highlights Overland’s continued dedication to providing partners with innovative solutions, as well as the best resources and out-of-the-box programs to help partners grow their business.”

Since 2009, Mansolf has spearheaded the company’s initiative to sell branded data management and data protection solutions exclusively through the worldwide channel. Under her leadership, Overland launched its first globally integrated channel program, the FastTrack Partner Program, which now has over 4,600 registered partners. The Overland FastTrack Partner Program offers integrated video training and in-person educational events to help partners stay on top of storage industry trends. The program also provides online sales and marketing tools, as well as automated deal registration and guaranteed margin protection.

Over the past year, Mansolf led the launch of Overland’s SnapSAN products and SnapScale X2, Overland’s first clustered NAS product. She also headed the development of lead generation and lead sharing programs, as well as an initiative to make global strategic end-user account sales teams available to premiere partners. This effort has won over $20 million in new opportunities for Overland partners in the second half of 2012.

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Vasomedical, Inc. (VASO) to Spotlight Lumenair EECP Therapy and BIOX Products at ACC’s Annual Scientific Session

Vasomedical, a diversified medical technology company specializing in the design, manufacture, and sale of medical devices for noninvasive cardiology, will exhibit its alternative cardiovascular treatments at the upcoming American College of Cardiology’s (ACC) Annual Scientific Session in San Francisco, Calif.

The ACC’s yearly meeting enables members of the ACC and medical professionals from around the world to meet in one place to share and discuss cutting-edge developments in cardiovascular health and treatment. Vasomedical will conduct demonstrations of its Lumenair EECP therapy system, and will display its line of BIOX ECG Holter and Ambulatory Blood Pressure monitoring products along with other patient management products.

“The ACC and Vasomedical share the same underlying goal, which is to advance the education and development of cardiovascular care so patients are aware of all of their options and receive optimal treatment,” Dr. Jun Ma, president and CEO of Vasomedical stated in the press release. “By showcasing the EECP technology at this event, we hope to raise awareness about the safety and successes of this therapy. As EECP Therapy has been demonstrated to enhance the lives of patients and also reduce future hospitalizations, it is a great option for those who are suffering from various heart conditions.”

The AAC Annual Scientific Session is taking place March 9-11. Last year the event attracted more than 13,000 healthcare professionals from around the world and more than 4,880 attendees visiting from outside the United States.

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Rainbow Coral Corp. (RBCC) Pursues JV Involving Revolutionary Breakthrough in $60 Billion Drug Delivery Market

Rainbow Coral today announced that its biotech division, Rainbow BioSciences, is currently in talks to help develop and market a revolutionary, sustained-release drug delivery platform that could soon enable safer delivery of biologic agents and small molecules, while also increasing efficacy and convenience to a whole new level.

Specifically, a joint venture agreement with a privately held drug delivery company developing the novel technology is on the table. The local delivery platform is being developed to address the issues posed by systemic drug delivery, including oral and IV delivery. Often systemically delivered drugs can’t reach sufficient concentrations in target organs to be effective without damaging the liver, kidneys, or heart. Systemic delivery also requires frequent, expensive injections in many cases.

The technology Rainbow BioSciences is currently reviewing could enable selective, site-specific delivery, allowing for lower drug concentrations and greatly reducing the risk of drug toxicity.

“Because it’s a sustained-release delivery system, patients could potentially only need one injection every six months,” said RBCC CEO Patrick Brown. “In addition to helping millions of patients struggling with chronic conditions, the technology also has the benefit of extending the patent life cycles of drugs, giving potential pharmaceutical partners a tremendous market advantage.”

“RBCC hopes to conclude its due diligence work on the drug delivery company and sign a joint venture agreement to begin getting the new technology into doctors’ hands in the next few weeks,” Brown added.

For more information on Rainbow BioSciences, visit

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NewLead Holdings Ltd. (NEWL) Secures $148M Contract to Ship and Supply Coal, Mine Acquisition Extensions Also Reported

February 26, 2013

NewLead Holdings, the name behind the recognized international shipping fleet of dry bulk carriers used to move primarily iron ore, coal, and other dry bulk commodities, as well as double-hulled product tankers used for transporting oil, reported inking of a 1.48M metric ton steam coal supply and delivery agreement today, valued at roughly $148M in revenue over the life of the contract.

This contract is bread and butter for NEWL and will kick off in March with the initial 130k metric ton delivery, to be followed by subsequent deliveries of 150k metric tons each month from April till the close of the year (10% variation on tonnage). Given market price for steam coal at the time of the deal’s signing and mounting demand from emerging markets, the contract represents one of what are likely to be many more such lucrative shipping deals for NEWL.

The company plans to use in-house vessels or charter new ones from the market to accommodate this large deal and NEWL has put together a shrewd strategy for growing overall market share in the sector, while digging their feet in further here. The idea of reinforcing the revenue model’s foundation with ample supply inputs makes perfect sense and the resulting profitability metrics for the overall business should make investors beam, as NEWL is working on building a self-contained profit loop here.

In conjunction with this announcement, the company is also reporting an extension agreement for the previously announced acquisitions (Jan 17) on properties representing some 161.7M estimated tons of coal reserves, which will help feed this and future shipping/supply contracts. NEWL has entered an agreement to extend the timeframe for obtaining title and mineral excavation rights on the 5k acres in Kentucky, as well as ownership and leasehold interests for the 18,335 acres in Tennessee, to March 5th of this year, in order to provide time to fully finance the planned work at the mines.

Chairman, President and CEO of NWL, Michael Zolotas, spoke of the milestone integration of the company’s commodity and transport segments this announcement represents and assured shareholders that locking down both a sizeable, profitable supply contract and the means to furnish the supply itself, again at a handsome profit, would translate directly into bottom line returns they can feel. Zolotas was keen to note the creditworthiness of the buyer and tempted investors to take a closer look at the vertically integrated commodities/shipping model NEWL has assembled, underscoring the revenue generation potential and rock-solid future of the relevant sectors, while strongly suggesting this configuration represents a significant edge over competitors.

For more information on NewLead Holdings, visit

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ANADIGICS, Inc. (ANAD) Announces Plans for ProEficient Solution to Power Samsung Galaxy Music Duos and Chat

ANADIGICS, a world leader in radio frequency (RF) solutions, today announced plans to ship production volumes of its AWT6651 ProEficient™ power amplifier (PA) to Samsung Electronics for the Galaxy Music Duos and Chat. Featuring a 3-inch touch screen, the Galaxy Music Duos S6012 boasts an 850 MHz processor and 4 GB of storage. The Galaxy Chat B5330 offers a QWERTY keyboard, 3-inch touch screen, and 850 MHz processor. The Android™ 4.0 Ice Cream Sandwich operating system is included on both phones.

“ANADIGICS’ ProEficient and ProEficient-Plus™ power amplifiers provide the industry’s best combination of efficiency, current consumption, and linearity to help extend battery-life and maintain stable, high throughput 4G connectivity,” commented Michael Canonico, senior vice president of Worldwide Sales at ANADIGICS. “The selection of the AWT6651 for the Galaxy Music Duos and Chat not only exemplifies the tremendous real-world performance advantages offered by our ProEficient solutions, but also the strength of the relationship that we have forged with Samsung Electronics. We look forward to continued close collaboration with Samsung in the design of next-generation mobile devices that further the user experience.”

Using the ANADIGICS’ exclusive InGaP-Plus™ technology, its ProEfficient power amplifiers achieve outstanding efficiency at high and low power modes to extend 3G and 4G battery-life without the use of a DC-DC converter. By being optimized for use with average power tracking (APT), these power amplifiers further increase efficiency and reduce current consumption at medium and low operating powers. ProEficient power amplifiers deliver exceptional linearity to ensure a stable connection for clear voice and high-speed data while also providing outstanding efficiency.

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EXFO, Inc. (EXFO) Adds Packet Network Synchronization Testing to FTB-800 NetBlazer 2.0 Series

EXFO, a leading provider of next-generation test and service assurance solutions for wireline and wireless network operators and equipment manufacturers, yesterday announced the addition of packet synchronization testing functionalities to its NetBlazer 2.0 series. This capability expansion includes performance assessment of SyncE and precision time protocol (IEEE 1588v2), giving field technicians the capability to validate sync services during Ethernet backhaul turn-ups.

Operators can no longer rely on traditional synchronization technologies because the penetration and prevalence of LTE networks and packet-based backhaul results in a significant change of synchronization distribution throughout the network. Precision time protocol/1588 and all other new packet based synchronization technologies have caused a broad array of new challenges concerning the validation and troubleshooting processes of synchronization performance because these services are very sensitive to basic network impairments. If these impairments are left unchecked, serious consequences, such as lost data and dropped calls can precipitate.

Packet-based synchronization technologies are also used to synchronize small cells. This is a critical functionality as mobile network operators rely progressively more on small cells to effectively manage the LTE-advanced spectrum, while expanding their service coverage and increasing network capacity. In order to be successful in the future, most network operators will require the ability to turn up, validate, and troubleshoot packet-based services quicker and more accurately than ever before, as the number of small cells shipped annually swells to five million by 2017.

Thanks to its added synchronization testing functionalities, the NetBlazer 2.0 series now provides operators with such flexibility and adaptability to overcome their cell-site deployment challenges. And combined with the SyncWatch-110 Synchronization Test Unit, it makes for a complete packet-synchronization testing and monitoring solution that delivers detailed and accurate sync validation throughout the network lifecycle.

“With the proliferation of LTE networks, small cells and Ethernet backhaul links, packet-synchronization validation is becoming a major concern for operators. Being able to test and troubleshoot all these services with one comprehensive tool gives them the flexibility to adapt their operational processes and make their field teams as efficient as possible,” said Étienne Gagnon, Vice-President of EXFO’s Test and Measurement Division.

For further information, visit

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Tara Minerals Corp. (TARM) Continues Progress toward 2013 Production Goal at Don Roman

Tara Minerals Corp. is an exploration-stage company that currently has total ownership in more than 39 square miles in the Don Roman district, which is located in the northern part of the La Reforma Mining District of northeastern Sinaloa State, Mexico. The company’s current focus is on prioritizing and delineating more than 70 Don Roman gold, silver, zinc, and lead mineralized structures for production this year.

Tara’s management is focused on creating long-term shareholder value and deploying capital for the advancement of its projects. The company aims to achieve this by enhancing resources, further outlining new discoveries and targets, and acquiring additional strategic assets.

This month, Tara reported that it has begun working towards implementing the Don Roman Mine & Mill Production Plan. Geological work – including survey continuation, detailed mapping, sampling, and startup mine location work – is being conducted under the management of Chief Geologist Steve Eady. The company has also begun mill site upgrade work, including water well sourcing, process circuit optimization, maintenance and refurbishment of equipment, and installation of additional staff housing and offices. Senior Mining and Plant Engineer Tom Claridge will manage all mill site work.

Currently, Tara has the capacity to produce gold, silver, zinc, and lead at its Don Roman mill, which comprises three parallel circuits with 120 t/d capacity each. Engineering work is being done to expand capacity to 2,000+ t/d. Numerous mineralized veins have been identified in past results – some of which have averaged grades of 309 grams per tonne of silver, 9 percent zinc, and 3 percent lead. The company has cash on hand to fund an aggressive, district-wide work program to define these structures and advance them to production.

Southeast of the Don Roman mill about 1.5 kms, a significant gold and silver quartz vein has been discovered. Channel samples returned an average grade of 10.06 grams per tonne of gold and 149.85 grams per tonne of silver. This structure has a known strike length of around 850 meters as well as an exposed vertical height of around 400 meters. The vein remains open along strike and at depth.

To fund the pursuit of commercial production at Don Roman, as well as to aggressively expand production or acquire near-production projects, Tara has sold its Picacho Gold/Silver project to Yamana Gold for $35.6 million. Yamana made an initial payment of $7.5 million at closing, and a second payment of $9.8 million is due in May. Yamana will additionally pay an added $1 million for every 100,000 ounces defined by the 60-month anniversary, and the company will make a final installment payment of $4.3 million to Tara on the sixth-year anniversary. Payments for the measured, indicated, and inferred ounces that have been defined will cap off at $14 million. Yamana will make an advance payment of $3 million if no gold is defined on the property by the 36-month anniversary.

Tara is positioned for low-risk value creation through its early recognition of value and its strategy of reducing risk through a foundation of cash flow. The company continues actively pursuing future growth opportunities through the acquisition of additional exploration, development, and production assets. Due to its established office and relationships in Mexico, Tara is well positioned to acquire additional opportunities there.

For more information, visit

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Track Hundreds of Stock Newsletters via the QualityStocks Daily Report

QualityStocks is pleased to announce that it has rated more than 3,000 fully reporting OTC companies as an extension of its commitment to protect investors. Taking this commitment a step further, QualityStocks has also used the information gained from tracking hundreds of online newsletter firms to measure their legitimacy.

QualityStocks has rated fully reporting OTC companies and research firms based on their investor relations and transparency practices. QualityStocks has placed these companies into one of five tiers based on their compliance with market regulations, available information, transparency to shareholders, trust within the investor community, and the value of their product and/or services: QSP (QualityStocks Partner); QSV (QualityStocks Verified); QSL (QualityStocks Limited Information); QSN (QualityStocks No Information); and Caveat Emptor (Buyer Beware).

Trading OTC stocks poses a significant risk to any investor; those investors who are successfully managing an OTC portfolio know the importance of thorough due diligence. The QualityStocks rating service is a convenient and complementary tool designed to aid a trader’s individual research.

“Transparency is absolutely critical in this market. Our team has researched each company on our list to examine their fundamentals and apply an appropriate rating,” Michael McCarthy, Managing Director of QualityStocks stated. “The result is a valuable tool that investors can use to quickly separate more trustworthy companies from more risky investments.”

To see the list of rated newsletter firms, visit:

To see the list of rated companies, visit:

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CAMAC Energy, Inc. (CAK) Secures Top Airborne Geophysical Survey Firm for Gravity and Magnetic Work

February 25, 2013

CAMAC Energy, the U.S.-based hydrocarbon developer with a substantial portfolio of onshore and offshore interests in Africa, including their deep water oil and gas leases offshore of Nigeria, reported today that the company has inked an agreement with noted gravity, magnetic total field, magnetic gradient, and radiometric survey specialists, Sander Geophysics Limited (SGL), to handle geophysical surveying at the company’s onshore Blocks L1B and L16 in Kenya.

Senior VP of E&P for CAK, Segun Omidele, expressed supreme confidence in the deal struck with SGL and called the agreement a major milestone for the company’s Kenyan operations. Not only will this analytical work more than cover the bases set out for the first exploration period, it will enable the company to rationalize a fully-optimized implementation for their forthcoming 2D seismic program, thanks to the clear flagging of basement structures in the geology, as well as faults, and features like the intrusions and intra-sedimentary volcanic layers.

SGL has a battery of airborne gravity and magnetic geophysical work all lined up for the massive, approximately 4,709 square mile Block L1B, as well as for the 1,394 square mile Block L16. Such an effort will far outstrip initial survey requirements slated for the first exploration period, and CAK is extremely confident in the results that will come out of this 57-year veteran global provider of airborne geophysical surveying. Indeed, SGL has quite a reputation in the sector for doing both petroleum and mineral exploration work like this. The firm has seen operational activity on every continent this planet has to offer, including Antarctica, often shrugging off the difficulties of climate and locale via the superior skill of its employees and an obvious mastery of the fundamental aircraft and technical logistics required. The Ottawa-based SGL is well-known throughout the sector for their specially modified fixed-wing aircraft, as well as helicopter-executed digital elevation modeling, driven by output from the firm’s scanning LiDAR (light detection and ranging) systems, in conjunction with radar and laser profiler datasets.

We are looking at a Q2 2013 timetable for kick off by SGL on the surveying, with analytical results from the data collection coming back the following quarter, and markets will be eager to get a more detailed look at the potential of CAK’s considerable acreage position in underexplored Kenya at that time. There are four huge sedimentary basins in Kenya and even now the level of activity is nowhere near capacity, so CAK has plenty of room to expand here despite the influx in recent years of major sector players. CAK has signed production sharing contracts with the Kenyan Ministry of Energy (named operator, 100% net interest, Kenyan government option for up to 20% development participation), and when you stack the potential here up against the company’s successful offshore interests in the western part of the continent (Oyo Field in Nigeria and Gambia’s A2 and A5 concessions), it is little wonder that the investment community is buzzing about CAMAC Energy.

For more information on CAMAC Energy, visit

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Why VIASPACE Inc. (VSPC) is a Top Biofuel Play

There have been a range of arguments against the viability of biofuels as a renewable energy source, but, as with so many other developing industries, the technologies change, creating a new picture of an old idea. In the case of biofuels, the big change is a remarkable plant called Giant King Grass (GKG), proprietary to VIASPACE, a California-based renewable energy company. GKG puts biofuels back on the front burner in a big way, ensuring VIASPACE a promising place in the world’s accelerating move to renewable energy.

Early ideas regarding biofuels centered around waste product combustion, the use of wood or agricultural byproducts that are normally discarded. It sounded reasonable, but problems with the approach soon became clear. Global markets for such waste products are seasonal and often unpredictable, leading to fluctuating cost factors that make it difficult or impossible to form financially sound operational plans. As a result, financing, a core component of any developing industry, becomes problematic. Dedicated biomass crops began to emerge as a better way to go, offering more stable costs and predictable economics. But then a question that had begun to develop with waste sourcing started to pick up steam. A growing resistance to the use of food-related waste or agricultural lands was becoming a major obstacle. With food supplies remaining a serious issue in much of the developing world, anything that might negatively affect already tight supply/demand economics is increasingly shunned.

Attention was turning to wind and solar, seen by some as more elegant energy sources, though the shortcomings of these alternatives have since also become important economic issues. The fact that the sun doesn’t shine all day, and the wind doesn’t always blow, began to expose the inadequacies of current energy storage technologies. Today there are dozens of elaborate proposals for storing energy generated by wind and solar, but all of them have notable limitations. In addition, besides requiring the development of more and better technologies, wind and solar, as well as various other energy sources, depend upon significant additional infrastructure, a costly burden in a rough global economy.

The reason VIASPACE’s Giant King Grass is being seen as a major new player is its uniquely effective way of addressing all of the above mentioned issues. Giant King Grass is the fastest growing, most cost-efficient energy crop available, yet is neither genetically modified nor invasive. It grows in a variety of soil conditions and does not compete with food crops, one of the standard arguments against biofuels. GKG is perennial and can be harvested several times per year. It is best grown in tropical and subtropical regions, where suitable land is plentiful, labor is inexpensive, and governments are actively seeking new industries that are both economically and environmentally friendly.

GKG is a hyper-efficient dedicated energy crop that has an almost zero carbon footprint, because it absorbs as much carbon dioxide as it releases when burned. From an economic standpoint it outshines virtually every other new renewable energy source, partly because it requires almost no new technologies or infrastructure. Using well-understood existing power plant technologies, GKG is a perfectly timed resource that generates energy exactly when needed, in any weather, day or night. As a result, it is attractive to governments all over the world, and is in fact already being started in various developing countries as well as in Hawaii where the cost of energy is high due to imported fuel. It creates local jobs while generating local and economical clean energy.

As if all this weren’t enough, GKG can be transformed for other uses. It can be compacted and pelletized for easy transport to remote power plants, and can also be chemically transformed into a variety of biofuels, biochemicals, and bio plastics. It can even be converted into bio-methane for use in heating, cooking, electricity generation, and as a vehicle fuel.

VIASPACE provides seedlings for their proprietary Giant King Grass, plus technical expertise to qualified bioenergy projects that need a low-cost and reliable fuel or feedstock, with a number of projects already underway. VIASPACE can also serve as a project developer or co-developer for power plant or pellet mill projects, together with local partners that have land and requirements for electricity, heat, pellets, biogas, or biofuels. VIASPACE and its partners have the capability to deliver an integrated Giant King Grass plantation and biomass power plant project in 24 months, and the company has financial models for power plants and pellet mills.

For additional information, visit

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Wild Craze, Inc. (WILD) Completes Purchase of Crescent Moon Toy Related Assets

Wild Craze, a consumer brands company, has closed an asset deal to purchase five toy-related assets of Crescent Moon Holding: EcoAquarium, E-Bird, Roll-Up Roads, Flipoutz, and HT Racer. Wild Craze has formed wholly owned subsidiary Wild Creations Inc. to market the assets purchased, and Crescent Moon Holdings co-founders Peter Gasca and Rhett Power will join the subsidiary as CEO and CMO, respectively.

“These unique and innovative products already have a branded presence in North America and we plan to take these great products and expand their footprint globally. We welcome Peter and Rhett to our team. Their inspiration and passion to create such exciting products for folks of all ages will provide the company the opportunity to continue building a portfolio of products that have the potential to develop into household brand names,” Justin Jarman, CEO of Wild Craze stated in the press release.

The brands purchased from Crescent Moon have received more than 40 national awards and have been featured on CNN Money, Fortune, Parenting Magazine, Good Morning America, the Today Show, and Regis and Kelley.

Wild Craze highlighted the EcoAquarium brand, which provides small, easy-to-maintain aquariums, which it says are ideal for homes, offices, schools, and dormitories. Additionally, the newly acquired Flipoutz brand was featured on ABC’s Shark Tank, Roll-Up Roads, HT Racer, and E-Bird.

“We have always had ambitious growth goals for our products, and the partnership with Wild Craze will help make them a reality as we bring them to the marketplace,” Crescent Moon co-founder Rhett Power said.

For more information, visit

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