Arno Therapeutics, a clinical-stage company focused on developing products for the treatment of cancer, today announced that its investigational compound AR-42 has been granted orphan-drug designation by the European Medicines Agency’s (EMA) Committee for Orphan Medicinal Products for the treatment of neurofibromatosis type 2 (NF2), a rare genetic disorder characterized by the growth of noncancerous tumors in the brain and spinal cord, juvenile cataracts, and neurofibromas of the skin.

The EMA grants orphan-drug designation for medicines designed to treat life-threatening or debilitating conditions affecting no more than five in 10,000 people, and allows the developer to obtain inspection-fee reductions, protocol assistance, a centralized application procedure, and 10 years of marketing exclusivity when/if the drug is approved.

“The EMA’s orphan-drug designation represents another important step in our development program for AR-42 that will help us pursue its clinical development for the treatment in this rare and debilitating disease,” Glenn Mattes, president and CEO of Arno stated in the press release.

AR-42 is currently being studied in a phase I/IIa clinical trial in adult patients with relapsed or refractory hematologic malignancies and solid tumors.

The U.S. FDA has also awarded EMA, AR-42 orphan drug designation for the treatment of meningioma and schwannoma of the central nervous system, and is currently reviewing the candidate for U.S. orphan-drug designation for the treatment of neurofibromatosis type 2-associated central nervous system tumors.

For more information visit www.atnothera.com

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American Energy Development is an independent oil and gas company seeking to expand through the development of acreage in established oil and gas basins. The company’s current focus is on development of acreage in the Niagaran oil reefs in Michigan and in underexplored onshore basins in the United Kingdom.

The Niagaran Reef is of particular interest to the company. Historical records of the Niagaran reef production in Michigan confirm more than 4,200 wells have been drilled targeting reef formations. Much of the drilling in the region has been conducted by major players in the energy industry, including Royal Dutch Shell, ExxonMobil, and BP. According to a recent report on the basin, the recoverable reserves are in excess of 1.8 billion barrels of oil and 17 trillion cubic feet of natural gas. To date, the area has produced a total 472 million barrels of oil and 2.8 trillion cubic feet of natural gas.

The company today provided a drilling update on the Cremer 1-1, located on the 1,343 acre Dansville Prospect in the southern part of lower Michigan. American Energy reported the Cremer 1-1 is currently at a depth of approximately 4,380 feet and drilling is anticipated to be completed in the next 24-36 hours. At that time, geophysical logging will be conducted to measure rock and fluid properties of the formation. In addition, data will be collected on density, porosity, and permeability, along with oil and water saturation, which are necessary to determine the potential productivity of the well.

This data collection will aid the company in maximizing both the well’s production and recovery rates. For additional information about this project and others being conducted by American Energy Development, please visit the company’s website at www.aed-corp.com.

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Victory Energy is a domestic energy company engaged in the production of oil and natural gas through its onshore wells in west Texas, Oklahoma, and New Mexico. Currently, the company has 17 wells in production with the capacity to expand to an additional 31 wells. VYEY seeks to maximize shareholder value over the long term by increasing accessible oil reserves, producing more oil, lowering its costs, and carefully managing the capital entrusted to it. For 2012, the company looks to invest in acreage with proved reserves in order to minimize its exploration and development costs.

To gauge how the company has progressed, the 2012 goals have to be viewed in the context of the major accomplishments made in 2011. In 2011, VYEY completed a massive overhaul of its operations from top to bottom.

Several changes were made to its management team in 2011 that became effective this year. On January 10, 2012, Mr. Mark W. Biggers joined the company as the new Chief Financial Officer. Mr. Biggers had previously served as a Senior Director in the Energy Practice of Alvarez and Marsal. Prior to Alvarez and Marsal, Mr. Biggers had spent over 20 years with Mobil Oil Corporation in a variety of roles. Also in January of this year, Mr. Kenneth Hill was selected as President and Chief Executive Officer. Mr. Hill had previously served as the company’s Vice President of Operations. The management team now has a total of 107 combined years of industry experience, truly an asset that can be put to use immediately.

Victory Energy became current on all filings with the SEC. Full compliance makes the company more attractive to creditors and investors.

The company settled a major lawsuit with a former employee, and secured future access to capital through the negotiation of a partnership agreement, the “Aurora Partnership.” VYEY is the managing partner of the Aurora entity, owning at 50% interest in the venture. The company raised $3.1 million in funds and converted $1.2 million in debt to equity.
At year end on December 31, 2011, VYEY had $475,623 of cash and cash equivalents, as compared to $111,572 at December 31, 2010. At December 31, 2011, total assets increased by $790,330 to $1,553,363 as compared to total assets of $538,729 as of December 31, 2010. This increase in total assets includes a net increase of $552,421 of investments in oil & natural gas properties.
This represented a 100% increase in oil in comparison to the prior fiscal year. 2011 saw the company drill 9 exploration wells and acquire interests in 3 producing wells. These wells represented the first acquisition of oil and gas properties for the company since 2009. Also, the company began to transition its management offices from California to Texas.
Having made such drastic changes in 2011, where does the company want to go from here?

For the rest of 2012, Victory, says its primary objective is to create long-term shareholder value by increasing oil and gas reserves, improving financial returns through pumping more oil and cutting overhead, and prudently managing its capital. First and foremost will be the completion of moving all back-office and management operations to Texas. Next will be the selection of an auditor in Texas that has exploration and production audit experience.

Victory ended the month of February 2012 in an enviable position: No debt and $1.7 million in cash. This resulted from a reverse stock split and the conversion of debt to equity. Victory expects to spend about $4.0 million this year on capital expenditures and exploration activities. Additional money may be spent to purchase acreage with resources where the price of the land does not accurately reflect its true value. Several prospects have already been identified.

The primary focus of 2012 capital and exploration expenditures is to further develop existing assets, including the Bootleg Canyon Ellenberger Field where Victory owns a 5% working interest, the recently announced Lightnin’ Prospect in Glasscock County, Texas, where VYEY holds a 75% working interest, and the ClearWater Wolfberry resource play where the company owns a 1.5% working interest. VYEY also intends to explore the oil potential of the Tippett shale formation in its Adams-Baggett wells where the company holds a 100% working interest in seven wells and a 50% working interest in two wells.

Victory plans to drill or recomplete at least 15 new wells on current properties at an average working interest of 24% in partnership with Aurora. This compares very favorably to its participation in 9 new wells in 2011 at an average working interest of 3.3%.

Victory forecasts an increase in production of about 80% in 2012 over 2011 depending on its drilling schedule and the success of its operations. Last year, the company produced 8 MBOE and the target this year is between 42 to 46 MBOE. Of the 80% increase, half is expected to be oil and the rest will be natural gas.

Victory’s changes include an expected decline of 40%, to $1.2 million, in general and administrative expenses compared to last year’s figure of $3 million. The decline is the result of the elimination of significant non-recurring expenses through 2011 and early Q1 of 2012. The company expects that consolidation of all company personnel and service-related companies to Texas will also contribute to better efficiency and lower operating costs.

Investors drawn to conservative gas and oil plays, seeking to produce oil from proven fields, should keep a close watch on VYEY and see if it can cross the 2012 finish line in first place.

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iPass announced that it has expanded its European channel partner program to target mobile device management (MDM) market adjacencies. Through these initiatives, the global Wi-Fi service and enterprise mobility leader aims to recruit new MDM channel partner experts, which will assist them in capitalizing on the growth of remote working and consumerisation of IT.

Partners with MDM expertise can now complement their existing mobility solutions with iPass’ Open Mobile platform. The platform provides access to the world’s largest commercial Wi-Fi network with over 800,000 hotspots in 118 countries. With the simplified iPass channel program, customers can gain a competitive edge and expand revenues with a predictable and recurring stream. This is accomplished, in part, by selling complementary market services such as secure remote access and mobile connectivity management.

“Businesses are looking for solutions that offer insight, security and cost-control into an increasingly mobile workforce with a growing ‘bring-your-own-device’ work culture. iPass value-added-resellers (VARs) can help companies address these issues with iPass Open Mobile, which offers IT departments an efficient way to deal with onboarding multiple devices, controlling network costs and offer access to the world’s largest Wi-Fi network to keep mobile workers securely connected and productive everywhere,” said René Hendrikse, iPass vice president EMEA.

Participating resellers can benefit from the joint sales and marketing program, with marketing development funds, business development assistance, and sales leading to further increase their revenue generation potential. iPass will also assist partners with case study and press release development to help to attract new customers.

“By providing the channel with a range of sales and marketing support we are enabling them to respond and monetize to some of the challenges highlighted in the Mobile Workforce Report,” said Hendrikse. “Businesses are becoming increasingly frustrated with 3G costs and there exists a significant opportunity for resellers to present seamless global Wi-Fi access. The new channel program provides resellers with the tools necessary for successful selling, ensuring that staff have the training and support to help them close opportunities and benefit from recurring customer revenues,” added Hendrikse.

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Yesterday, Obscene Interactive, a subsidiary of Obscene Jeans Corp., announced that it has signed a deal to develop electronic games in-house that would span multiple platforms such as iOS, Android, and Facebook. These games will focus on utilizing a Free To Play (FTP) model, in which games are free for users but facilitate microtransactions within the game.

Obscene Interactive is focused on producing social gaming applications, with a technology platform that allows the company’s titles to be accessed by users globally and across multiple OS platforms.

Obscene’s strategy is utilizing the viral nature of social platforms like Facebook to reach millions of new customers, potentially in a matter of seconds. The company will be releasing products within the gaming sector alongside companies such as Zynga, Glu Mobile, and Majesco.

“The in-house developer will work directly with Obscene Interactive’s Creative Director to produce hot new games configured to capitalize on the rising demand for fun and engaging social and mobile games,” said Obscene Jeans CEO Paul Watson. “By engaging this developer, we have also strengthened our internal capabilities to identify and vet other innovative games and gaming companies.”

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Deer Consumer Products, Inc. today announced record financial results for the first quarter ended March 31, 2012. The company is a leading provider of DEER branded household products for consumers in China.

Deer’s first quarter revenues were $49.9 million, representing an increase of $15.2 million, or 44%, over the same period in 2011. This revenue increase was the result of ongoing sales expansion in the China domestic market. Currently, the company has access to more than 4,000 retail stores through which its products are distributed.

Deer’s 2012 first quarter gross profit margin was approximately 31%. During this quarter, the company continued promoting its high value products and focusing on middle and high-end customer groups. The company has also continued adjusting its growth strategy to focus on domestic sales in China, which offer higher profit margins.

Deer’s SG&A expenses for the first quarter 2012 were $5.4 million, which represents an increase of $1.5 million, or 39%, from the same quarter of the previous year. This was an expected increase, due to the hiring of additional direct sales staff and in-store products promoters to further the company’s Chinese revenue growth. As anticipated, Deer’s advertising costs remained low during the first quarter, as the company uses factory representatives and in-store promoters to market its products directly to consumers at retail locations – a standard marketing practice in China’s small household appliances industry. During the first quarter 2012, Deer also experienced an increase in R&D-related expenses, also anticipated, in order to introduce new products.

Deer’s net income for 2012’s first quarter was $7.8 million, which represents an increase of 35% from the first quarter of the previous year. Fully diluted earnings per share were $0.23, an EPS increase of 35% from the first quarter of 2011.

Equity for Deer’s shareholders increased to around $193.4 million, or $5.76 per share in net assets, and the company had more than $15.3 million in cash and equivalents at the end of the first quarter 2012, with no long-term debts. The company has sufficient cash on hand to meet its liquidity requirements and has no current plan to dilute its shareholders.

Deer’s short-term strategies include continuing to build the reputation of its DEER branded products to become the number-one food preparation appliances brand by 2013. The company plans to focus sales of its high margin products to first- and second-tier Chinese cities that are experiencing strong economic growth, and to position itself as a high-end innovative brand in China in the coming quarters. The company additionally plans to expand its branded product line to include complete integrated household appliance systems for the kitchen and bathroom. Deer has also broken ground on its Wuhu manufacturing plant facility and made considerable progress there.

Over the course of 2012, Deer expects revenues from its high margin China domestic sales to continue. The company affirms its 2012 revenue guidance of $270 million to $290 million, net income guidance of $45 million to $47 million and targets EPS between $1.37 and $1.42. As previously disclosed, the members of Deer’s management team have voluntarily entered into a three-year share lockup agreement, prohibiting them from selling any shares to the general public through at least 2013. These lockup agreements represent approximately 47% of Deer’s total outstanding shares.

Deer Consumer Products, Inc. has been led by its original founders since its operating business was created 17 years ago. The company, a NASDAQ Global Select Market listed U.S. company, has its primary operations in China, and Deer has a 17-year operating business as well as a strong balance sheet. The company is a leading provider of DEER branded products to Chinese consumers, and the company is supported by more than 100 patents, trademarks and copyrights and approximately 1,000 staff members. The company’s current branded product lines include a series of small house household and kitchen appliances as well as personal care products.

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VitaMedMD™ RediChew™ Rxchewable prenatal vitamin contains company’s patented folate developed to further reduce impact of folic acid-related deficiencies.

TherapeuticsMD™ Inc., parent company of vitaMedMD® LLC, a specialty pharmaceutical company focused on therapies exclusively for women, today announced the recent launch of its third prescription prenatal vitamin, vitaMedMD™RediChew™ Rx.

The launch trails the introduction of vitaMedMD™ One Rx earlier this month and vitaMedMD™ Plus Rx last month, products similar to RediChew Rxin that they all contain the same combination of folic acid and the company’s patented fourth-generation folate, Quatrefolic®.

Quatrefolic gives all three of the prenatal vitamins the potential to further reduce the impact of folic acid-related deficiencies.
Jason Spitz, vice president of marketing for TherapeuticsMD, detailed the originality of the new product.

“vitaMedMD RediChew Rx provides a great option for pregnant women who have difficulty swallowing tablets or capsules, or where nausea or morning sickness make taking tablets or capsules difficult. vitaMedMD RediChew Rx is also a suitable daily multivitamin choice for all women of childbearing age, as it provides the folic acid recommended by the U.S. Public Health Service, CDC, and the March of Dimes,” Spitz stated in the press release. “With the addition of Quatrefolic, vitaMedMD prescription prenatals provide a ‘body ready’ form of folate, which is especially important for women with MTHFR polymorphisms who may not be able to fully metabolize synthetic folic acid. vitaMedMD RediChew Rx also contains vitamins B6 and B12, which may help relieve nausea and morning sickness.”

TherapeuticsMD’s prenatal vitamins are available by prescription at chain, independent, and mail order pharmacies throughout the United States.
For more information visit www.therapeuticsmd.com

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Pershing Gold, the up and coming, Nevada-focused (Pershing County) precious metals developer, which has already established a solid acreage position via their Relief Canyon, Red Rock, and North Battle Mountain properties, reported today that a new high-grade zone of gold mineralization was discovered at the Relief Canyon Mine.

All of the mineralization observed by this round of drilling is within the pit area or is on PGLC subsidiary, Gold Acquisition Corp. (GAC), wholly-owned unpatented mining claims.

Phase I of the company’s drilling program for 2012 (began last year) and already we have a new discovery. The best part is the mineralization is outside the main open-pit area, extending about 600 feet north. In addition to this rousing discovery for the North Target Area (hole SBG12-D03, henceforth D03) returning choice values like 55 feet at 0.125 opt Au, the Southwest Target Area also turned up promising hits, again outside the pit boundary, further defining the overall mineralization profile for the site.

When taken into consideration alongside drilling from the program that was done inside the pit boundary (D04 and D05 for instance are on the north edge of the pit area, returning 309 feet at 0.014 opt, and 113 feet at 0.016 opt, respectively), which also intercepted significant quantities (D06 in the south of the pit near the South and Lightbulb mineralization zones pulled in 15 feet at 0.010 opt), we have a very attractive portrait of the further-defined resource.

Chairman and CEO of PGLC, Stephen Alfers, was clearly pleased with the results of Phase I drilling, and was particularly happy with the nice, thick intercept at D03 in the area north of the pit, the high-grade gold mineralization of which is also a very promising for further drilling to the north in the Range Front Area where GAC has additional mining claims. Alfers was obviously excited by the findings and indicated that the data from D03-D05 was a positive sign of substantial mineralization to the north of the pit for at least the 600 feet observed and likely much further, well into the Range Front Area.

Alfers projected confidence that additional drilling result in adding ounces to the overall resource for Relief Canyon, eventually leading to a new mine plan and expansion of open-pit operations to include the additional mineralization.

Extant drilling in the program consisted of a total of 15 core and 5 reverse circulation holes, punching through roughly 19.3k feet of earth combined, including the previously reported (Mar 29, 2012) data sets. Cross section mapping analysis reveals clear targets in the main cave-fill/fault breccias zone (contains lots of jasperoid clasts) and plot the new intercepts below the main, mined-out zone.

So we have nice, thick slabs of new mineralization to get at in Relief Canyon with the potential to significantly expand overall operational footprint/resource. This dovetails quite well with the company’s 5,380-acre Red Rock and 360-acre North Battle Mountain properties, also located in the mining friendly state of Nevada, offering shareholders a firm foundation for future growth.

Holes D01 and D02 in the Southwest Target Area have reinforced the underlying geological profile of the site, with D02 intercepting the main breccia zone in the contact between the primary formations (Cane Springs and Grass Valley), and returning 38 feet at 0.075 opt. So we have mineralization of ore grade or better a full 1k feet south of the main pit as well.

Phase II of the drilling program will seek to further define the Southwest Target Area trend out to about 2.5k feet, especially considering the sporadic previous drilling by various operators in the past which has offered a good indicator that the main breccias trend does indeed extend a considerable distance to the south. Alfers projected early 2013 for a refined resource estimate for Relief Canyon, bolstering shareholder confidence about the future of the site and the Phase II drilling results, which should give an even better view of the full mineralization to both the north and south of the main pit.

The east/northeast Pershing Gold-Newmont AOI acreage will also be targeted in Phase II as a key emphasis for the project, as between this and the Range Front Area, most of the potential mineralization at the main site should be covered.

Technical and scientific analysis has been done by Quentin J. Browne, P.Geo, an NI 43-101 Qualified Person, with half of the core samples sent to ALS Chemex over in Reno for assay and the other half secured in the core box at a fenced-off location on the Relief Canyon site. Full quality control was utilized, including use of blanks, duplicates, and standards.

With the Euro crisis entering limbo mode during elections season, the price of precious metals have declined slightly amid deflation risk, liquidity tightening, and a general lack of sensitivity to the underlying problems. The bullion markets are clearly showing fatigue even as gold inches back up today, but the inevitability of a major catalyst from the ECB or Fed here in the states are all it will take to put the kettle back on the stove price-wise.

For more information on the new discovery at Relief Canyon, or to stay up to date with the latest news and information on Pershing Gold Corp., please visit the company’s website at: www.PershingGold.com

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EnerNOC Inc. is a leading provider of energy efficient solutions, for reducing electricity demand, for commercial, industrial and institutional energy users. Some of the company’s world class energy management applications include DemandSMART, SupplySMART, EfficiencySMART and CarbonSMART.

The company today announced that it has been selected as the ‘commissioning authority’ in a seven-year contract with the San Francisco Public Utilities Commission. Through this master services agreement, EnerNOC will work closely with building construction stakeholders to ensure that the City of San Francisco’s new buildings operate not only to the owners’ specifications but also in an energy efficient manner. The contrast lasts until March 1, 2018.

EnerNOC has already served in a similar capacity on a variety of buildings for the City of San Francisco, including the San Francisco International Airport, the renovation of the Moscone Center and the Public Utility Commission’s own headquarters building. The first project under the new agreement is San Francisco’s new Public Safety Building which is scheduled to open in 2014. It will house a fire and police station as well as the headquarters for the San Francisco Police Department.

As the Commissioning Authority, EnerNOC will provide documented confirmation that building systems function according to criteria set forth in the project documents to satisfy the owner’s operational needs. In the process, EnerNOC will be working closely with building owners, engineers, general contractors, architects and all subcontractors to achieve optimum building performance and efficiency from the outset. In effect, by keeping energy and related costs low from the start, buildings are set up for long-term operating success.

For additional information about EnerNOC and the services it offers, please visit the company’s website at www.enernoc.com

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Yesterday at Interop® 2012, Mitel, a leading provider of Unified Communications and Collaboration software solutions, announced their new approach for deploying Unified Communications-as-a-Service, AnyWare Infrastructure-as-a-Service (IaaS). AnyWareIaaS spreads Mitel’s FreedomArchitecture to provide IT organizations with the option of hosting Mitel’s virtualized UCC software in a virtual private datacenter delivered by MitelNetSolutions, the service provider division of Mitel.

“UCC is mission-critical for us, but we also don’t want to use our limited data center resources on it if we don’t have to,” said Jamie Vandermeuse, director of Operations at M2 Logistics Inc. “We evaluated other cloud-based UCC services, but they don’t have the rich feature set and flexibility we required. What we really needed was a way to connect our offices and customers in a unique and meaningful way without losing the options and features that a premise-based model would offer. The MitelAnyWareIaaS cloud based-service offers us all this and more.”

AnywareIaaS is directed towards IT organizations seeking to upgrade their services with virtualized voice, unified communications and collaboration without spending the funds required to implement these applications in their own datacenter. The AnyWareIaaS system can be deployed as a private or hybrid cloud model, depending on which version streamlines operations and reduces overall infrastructure costs the most. The flexibility provided by AnyWareIaaS enables IT departments to offload in-house resources to concentrate on the strategic initiatives critical to their core business, but without sacrificing performance in collaboration and communication.

“Until now, companies interested in deploying real-time communication technologies like voice or video had to invest in new infrastructure to support the Quality of Service required for enterprise collaboration,” said Jon Brinton, president of MitelNetSolutions. “MitelAnyWareIaaS provides a sophisticated, SAS70-certified virtual Private Data Center with the resources to support the deployment of Mitel’s comprehensive UC applications, including truly virtualized voice – the same functionality and integration as if IT purchased and deployed these applications in their own data center – but via a cloud delivery model.”

For more information, please visit http://www.mitel.com

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There is a lot of knowledge that goes into the MBA programs at the top business schools in the United States. After all, it takes nearly 4 years to complete and there is a massive amount of studying that must be done to get that degree. What if I told you that you can get a pocket dictionary like encyclopedia of all the information in an MBA program all in one book?

It’s true, and I happen to have a copy of it. The name of the book is;

“The Vest Pocket MBA,” by Jae K. Shim Ph.D., Joel G Siegal Ph.D., and Abraham J. Simon Ph.D. CPA.

In this book there is information on advertising, marketing, promotion, public relations, packaging, factories, manufacturing, assembly lines, human resources, management, statistics, accounting, regulations, compliance, risk management, business planning, distribution, and everything else under the sun that you could possibly think of. If you’ve ever read a Cliff Notes, or picked up one of those college course note fold outs, then you are beginning to get the idea of what this book is all about.

It’s packed with information, all of which is easy to look up either by the table of contents or the index section. If you were an idiot savant and picked up this book, and paged through it, you would basically know everything there is to know to get an MBA. There are even case studies in this book. No, you would not have the experience of a seasoned corporate executive, but you would know exactly what they are thinking, and how they go about the planning process.

As an entrepreneur, who does not have an MBA, I have spent many hours with this book studying all the ins and outs to help improve my business. But it also has helped me talk to my friend who is an MBA using all his terminology, buzzwords and business jargon. If you are a small business owner of any type I recommend you have this book on your library shelves at home. Please consider all this.

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UNR Holdings, a commercial and real estate development company operating primarily in Moscow and its surrounding suburban communities, today announced it has completed the construction of phases IV, V, and VIII of its Marshal Rybalko Project.

The project is a multi-functional residential complex that includes residential living, underground parking, and social resources and business establishments, located in the North-West Administrative District of Moscow. Upon completion, the total gross area of all of the developmental phases of the project will be more than 2 million square feet.

The company expects to complete construction of all eight phases of the Marshal Rybalko Project in 2013, with estimated value of more than US$950 million based on a low-end estimate of current real estate prices.

The three phases include 517,000 square feet of residential and business space priced between US$425 and US$500 per square foot. UNR said it expects market prices to remain in this range for the next nine months, and anticipates sales of more than US$225 million from the three phases.

“The recent progress of these key elements of the Marshal Rybalko Project testifies to our unique design and development expertise as well as the pent-up demand for this prime location,” Alexey Kim, UNR CEO stated in the press release. “We believe that when completed, the project will offer a first-rate living experience for residents in a highly attractive Moscow district. We will continue to identify and develop prime real estate where we can add substantial value and offer exceptional residential communities that offer unique social and consumer experiences.”

For more information visit www.unrholdings.com

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ImmunoCellular Therapeutics, a biotech company focused on the development of novel immune-based cancer therapies, today issued an update on clinical trial site activity and patient enrollment for its phase II clinical trial of ICT-107, the company’s cancer vaccine candidate targeting multiple tumor antigens for the treatment of glioblastoma multiforme (GBM), the most aggressive malignant primary brain tumor.

The company reports that it has initiated the trial in 25 sites, and that it expects to enroll approximately 200 or more patients to treat 102 patients with HLA-A1/A2 immunological subtypes. There currently are 189 patients enrolled in the study, with final enrollment expected to be completed by the second quarter of 2012.

“We are excited with the enrollment progress made in the phase II clinical trial of ICT-107,” Manish Singh, Ph.D., president and CEO of ImmunoCellular stated in the press release. “We appreciate the continued support from leading medical centers and oncologists as we move our focus from enrollment to obtaining patient data.”

The phase II trial is a double-blind, placebo-controlled, 2:1 randomized study designed to evaluate ICT-107’s safety and efficacy as treatment for patients with newly diagnosed GBM.

The company’s phase I clinical study of ICT-107 in GBM demonstrated that 16 newly diagnosed patients who received the vaccine combined with standard of care of surgery, radiation, and chemotherapy had a two-year overall survival of 80 percent and a three-year survival of 55 percent vs. the 26 percent two-year and 16 percent three-year survival based on the historical standard of care treatment alone.

ImmunoCellular reports that no serious adverse treatment related symptoms were observed in any of the patients.

For more information visit www.imuc.com

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Complete Genomics Inc. is whole human genome sequencing company that has developed and commercialized an innovative DNA sequencing service. The company’s Complete Genomics Analysis Platform combines its proprietary human genome sequencing technology with advanced informatics and data management software.

The company today announced that it has sequenced the genomes of 600 individuals from 20 Mexican-American from San Antonio, Texas. This is thought to be the largest whole genome sequencing family study conducted to date and the first such study of its kind in an Hispanic population. The study was funded by the National Institute of Diabetes and Digestive and Kidney Diseases of the National Institute of Health.

The aim of the study is to identify genetic variants that play a role in type 2 diabetes risk or influence variability in diabetes-related traits, such as blood glucose levels and body mass index. The 600 people selected for this study were previously genotyped in an earlier genome-wide association study conducted by the Texas Biomedical Research Institute in San Antonio. The Institute has been collecting healthcare data from approximately 2,500 members of 85 Mexican-American families since 1991.

The reason for studying Mexican-Americans is that this group is almost twice as likely as non-Latinos to be diagnosed with diabetes. This population also has higher rates of end-stage renal disease, which is caused by diabetes. Deaths in this population from diabetes are also 50 percent more likely.

The CEO of Complete Genomics, Dr. Clifford Reid, spoke about the research being done “We hope that their smart, elegant and cost-effective approach will lead to the development of targeted therapies for type 2 diabetes.” For additional information about Complete Genomics, please visit the company’s website at www.completegenomics.com.

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Houston American Energy issued an update to investors on the company’s recent financial and oil and gas operational activity in the United States.

Houston American Energy has closed on a direct offering of the company’s common stock to a group of institutional investors. The company sold 6.2 million units at $2.12 per unit, raising gross proceeds of $13.1 million.

Houston American Energy reported that each unit consisted of one share of the company’s common stock and one stock purchase warrant. The warrant gives the holder the right to acquire one share of Houston American Energy common stock at an exercise price of $2.68 per share. The warrant has a term of three years beginning on 11/9/2012.

Houston American Energy said that the proceeds of the offering will be used to fund the cost of developing the company’s oil and gas properties as well as other corporate purposes that management deems appropriate.

Houston American Energy is active in the Gulf Coast area of the United States, where the company holds interests in producing properties in Texas and Louisiana. The company also holds various concessions in Colombia including the Llanos Basin and the Putumayo Basin.

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

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Yesterday, clinical stage pharmaceutical company Rexahn Pharmaceuticals, Inc. announced it has submitted a phase II protocol to the U.S. Food and Drug Administration for the clinical study of Archexin(R) as a treatment for ovarian cancer.

Archexin is a first-in-class Akt protein kinase inhibitor that has the potential utility to inhibit cancer cell survival and proliferation, angiogenesis, and drug resistance. Based on data from the phase I clinical trial, Archexin has an excellent human safety profile, with fatigue as its only side-effect. Archexin has received FDA Orphan drug designation for five difference cancer types, including renal cell carcinoma, glioblastoma and pancreatic, stomach, and ovarian cancers.

The phase II study of Archexin will assess its safety and efficacy when used in combination with carboplatin and paclitaxel as a second-line therapy in patients who are platinum-sensitive following their first relapse. The study will take place at multiple centers in the U.S., and subjects will be randomized to receive either carboplatin/paclitaxel or carboplatin/paclitaxel/Archexin. The study will assess various measures of clinical benefit.

Treatment options are currently limited for patients with ovarian cancer, which is the fifth most common cancer among women and causes more deaths than any other type of female reproductive cancer. For this reason, Rexahn Pharmaceuticals looks forward to investigating Archexin as a potential combination treatment for the disease. The company expects to report preliminary phase IIa results from its pancreatic cancer trial with Archexin later this year.

Rexahn Pharmaceuticals is a clinical stage pharmaceutical company focused on the development and commercialization of first-in-class and market-leading therapeutics for cancer, CNS disorders, sexual dysfunction, and other unmet medical needs. The company currently has three drug candidates in phase II clinical trials: Archexin(R), Serdaxin(R), and Zoraxel(R). Rexahn Pharmaceuticals additionally has a robust pipeline of preclinical compounds for treating multiple cancers and CNS disorders. The company operates key R&D programs of nano-medicines, 3D-GOLD, and TIMES drug discovery platforms.

For more information, visit www.rexahn.com

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Infrax Systems provides unified Smart Grid-related products and services for the energy and utility industries. The company today launched its SPIDer (Secure Perimeter Intrusion Detection) network designed to address the threats of copper theft and malicious attacks on power substations, generation facilities, and critical infrastructure in the electric utility industry.

The Department of Energy reports that copper theft, site destruction, and malicious activity generate theft-related costs up to $1 billion nationwide. However, the DoE reports that costs due to the actual theft of the copper are very small compared to the costs to repair the damage to the equipment and conduct restoration.

That’s where SPIDer network steps in. The network solution provides a multi-level approach to intrusion detection and alarming. The SPIDer network consists of three options or levels of detection to identify intruders in areas that are secure and restricted:

• The first level utilizes electronically charged coaxial cables that are attached to chain link fencing, which can detect excessive fence movement that triggers an alarm.
• Level two consists of a battery-operated visual intrusion monitoring network that provides 24/7 monitoring and notification via visual and infrared sensors and transmits images through the internet and email to security personnel, and then sets off an alarm;
• The third level is a multi-level detection and verification network that uses both level one and level two sensors to rapidly identify a potential threat and provide information for a rapid decision to provide a high level of security while minimizing false alarms.

For more information visit www.infraxinc.com

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Zynex, a provider and developer of non-invasive medical devices for electrotherapy and stroke rehabilitation, neurological diagnosis, and cardiac monitoring, today posted its first quarter 2012 unaudited financial results.

The company’s total first-quarter net revenue increased 35 percent to $8.9 million compared to $6.6 million reported for the first quarter of the year prior. The company attributes the increase in sales to its Zynex Medical subsidiary, in which strong demand continues from its products. A small amount of revenue was derived from its Zynex NeuroDiagnostics subsidiary.

First quarter 2012 net income was $320,000, or $0.01 per share, versus a net loss of $110,000, or less than $(0.01) per share in the first quarter of 2011.

Gross profit for the quarter was $7.1 million, or 80 percent of net revenue, compared to a gross profit of $5.1 million, or 78 percent of net revenue, for the comparable three months of 2011.

Zynex CEO Thomas Sandgaard said the first few months of the year are typically the slowest for the company as it represents a reset for most patient insurance deductibles, which lowers the amount of expected revenue the company can report. As such, Sandgaard said the increase in first-quarter revenues reflects solid demand.

“Achieving a 35% increase in net revenue is representative of the strong demand for our Zynex Medical electrotherapy products and volume of orders we continue to obtain quarter over quarter,” Sandgaard stated in the press release.

The company also confirmed its initial guidance of anticipated total net revenue of between $38 million and $40 million for 2012 and net income per diluted share of between $0.06 and $0.08 for 2012.

For more information visit: www.zynexmed.com

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Quasar Aerospace Industries made several announcements today concerning a management change, the acceptance of its CATS (Computer Assisted Testing Service) application, and the rescheduling of a previously announced conference call.

Mr. William F. “Bill” Cirmo II has been nominated to fill the void as Chief Operating Officer and would be responsible for overseeing flight training and ground operations for subsidiaries. Mr. Henderson is no longer with the corporation and, in accordance with his employment agreement, has resigned from all positions in Quasar and its subsidiaries.

Bill Cirmo began his distinguished career in aviation as an aviator for the US Navy, receiving his Wings of Gold in 1977. Specifically, he served as a combat Naval Aviator piloting the Lockheed P-3C Orion as a Patrol Plane Commander and Mission Commander over several deployments in Sicily, Iceland, Spain, Portugal, and a handful of South American countries. Mr. Cirmo moved on to work as a flight instructor for the T-34C Turbo Mentor, winning two Naval Commendation medals for outstanding performance of his duties. He was named squadron Instructor of the Month on several occasions, as well as Training Air Wing 5 Instructor of the Quarter. He is qualified as a CFI, CFII, and MEI. Recently, he received distinction as a FAA Gold Seal Instructor.

A-Cent Aviation, Inc., a Quasar subsidiary, announced that its application to be a Computer Assisted Testing Service in Jacksonville, Florida has been approved. With this approval, A-Cent will be allowed to administer the highest quality computer-based knowledge examinations within a quiet and conducive testing environment that is under strict security controls. A-Cent’s CATS facilities offer conveniently located test sites to candidates, an example being its Herlong Airport site, which is the only CATS facility in the local area.

Lastly, the previously announced conference call for shareholders and the investment community has been moved from May 9, 2012, to Wednesday, May 16, 2012, at 2:30 p.m. EDT. U.S. and international callers who wish to participate should dial +1 (712) 432-0900, and then enter the participant access code, 497592#. Participants are encouraged to access the call at least five minutes before it is scheduled to begin. A playback of the call will be available later at +1 (712) 432-0990.

For more information, please visit www.quasaraero.com

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Phototron Holdings is a leading technology supplier to the hydroponic growing industry. The company’s line of products include Stealth Grow LED brand LED grow lights and the Phototron single plant systems and accessories. More information on Phototron’s products can be found at either www.phototron.com or www.stealthgrow.com.

The company today announced that Bob Kurilko, a seasoned executive with over 25 years of experience, has joined its Board of Directors. In this role, Mr. Kurilko will aid in advancing Phototron Holdings’ business development goals and assist in guiding its corporate branding and online marketing strategies. He will also be an integral part of the company’s acquisition planning, which is designed to quickly build shareholder value by adding high-quality brands into Phototron’s portfolio of holdings.

Mr. Kurilko has held senior and chief executive roles across a number of industries including automotive, biotechnology, healthcare and technology. His work experience encompasses stints at a number of notable companies such as Nissan Motor, Edmunds.com, PriceDoc.com, Aspen Marketing Services, and HealthBanksBiotech. While at Nissan, Mr. Kurilko, worked in numerous divisions over 15 years, including the Infiniti brand.

The current management at Phototron Holdings believes that Mr. Kurilko will be an outstanding addition to the team. The company’s CEO Sterling Scott said, “Bob’s experience in business development and corporate positioning is unparalleled, and we are lucky to have him join our Board of Directors.”

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Leading semiconductor solutions provider TranSwitch introduced its HDmobile transceiver integrated circuit (IC), which combines USB, HDMI, and DisplayPort interfaces to deliver ultra-high-speed data connectivity and HD video transmission through a single cable. HDmobile is optimized for space-sensitive and power-conscious mobile applications like smartphones and tablets.

USB 3.0 is projected to become available in smartphones and tablets by 2013, and it is also anticipated that of the approximately 1.25 billion smartphones and tablets that will be sold in 2015, more than 470 million will have HDMI or DisplayPort video connectivity. The USB 3.0 standard, which is supported by TranSwitch’s HDmobile solution, provides data speeds up to 10 times faster than current USB 2.0 devices.

Set to provide needed solutions for the growing video and multimedia demands of smartphones and tablets, TranSwitch is positioned to be the solution of choice for next-generation multimedia interface on mobile devices. The company’s highly integrated HDmobile transceiver ICs are enhanced to provide USB 2.0, USB 3.0, HDMI 1.4, and DisplayPort 1.2 connectivity through a single physical layer (PHY). HDmobile’s industry-leading performance enables ultra-fast data and video transmission, HD and 3-D video output capabilities, and charging while streaming. HDmobile’s multimode video feature allows smartphones and tablets to seamlessly connect to video monitors based on DisplayPort and HDTVs based on HDMI.

TranSwitch is a designer, developer, and supplier of innovative integrated circuit (IC) and intellectual property (IP) solutions that provide core functionality for voice, data, and video communications for network, enterprise, and customer premises applications. The company provides integrated multi-core network processor System-on-a-Chip (SoC) solutions and software solutions for fixed, 3G and 4G mobile, VoIP, and multimedia infrastructures. The company also offers interoperable connectivity solutions for the customer-premises market, providing a bridge between HDMI and DisplayPort and enabling the distribution and presentation of HD content for consumer electronic and PC markets; the company also provides a family of communications processors that provide best-in-class performance for a variety of applications.

For more information, visit <a href=”http://www.transwitch.com”>www.transwitch.com</a>

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Brownie’s Marine Group, developer, manufacturer, and distributor of highly specialized dive and safety products, today announced that it has sped-up the testing of an application of Molecular Impact Energy (MIE) for the marine industry, for which it has exclusive rights.

Brownie’s said it plans on seeking venture partners to pursue the potential commercialization of the MIE invention, which the company says has the potential to “significantly change the current limitations of steam engines and steam propulsion and usher in innovation incorporating new material technology and state-of-the-art computerized intelligent control systems that will leverage and amplify this technology.”

Robert Carmichael, Brownie’s CEO, said that while the testing is still in its beginning stages, the company believes the invention may be adaptable to steam-power several types of watercraft.

“We are excited about moving forward on this project and have designed, and are in the final phases of constructing a test platform incorporating a proven steam engine “block” that incorporates the MIE “boiler-free” steam generation system utilizing a computer controlled MIE injector and chamber,” Carmichael stated in the press release. “Although testing is in its initial phases, we believe the MIE process has the potential to be more energy efficient for converting water into steam than a conventional boiler system. The preliminary MIE design, if successful, suggests that the system might be readily adaptable to small through large size yachts, commercial vessels, and island communities for direct or steam-electric drive systems and electric power production.”

If successful, Brownie says the MIE will eliminate the need for a conventional boiler, thereby creating a more competitive steam alternative to the current diesel-based systems.

For more information visit www.browniemarinegroup.com

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GraphOn Corp., a global developer of cloud application delivery and Web-enabling solutions, today announced the availability of its new GO-Global iOS Client, which replaces the GO-Global iPad Client.

GO-Global iOS Client is available as a free downloadable app from Apple’s App Store, and is used in conjunction with GraphOn’s GO-Global Windows Host solution designed to seamlessly deliver Windows applications to Apple iPad, iPhone, and iPod Touch users.

The new product features several enhancements, including support for iPhone and iPad Touch platforms in addition to existing iPad support, improved navigation, voice-to-text input, auto-resizing on device rotation, increased performance, plus iPhone and iPad 3 Retina Display screen optimization.

“iPad, iPhone, and iPod Touch users can now interact with their favorite Windows programs using just their fingers,” Christoph Berlin, GraphOn’s vice president of product management and marketing stated in the press release. “Our GO-Global iOS Client uses intuitive, multi-touch gestures to achieve popular mouse and keyboard operations. Windows applications appear on the iOS device just as though they were running locally, retaining all features, functions and branding.”

The company’s GO-Global Windows Host securely delivers server-resident Windows applications to virtually any location, platform, and operating system.

For more information visit www.graphon.com

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First Titan, which has assembled an impressive portfolio of domestic acreage positions and which continually seeks to expand that portfolio as a global oil/gas, exploration/development company via their wholly-owned subsidiary, First Titan Energy, LLC, reported rather auspicious early production results from a very close analog to their Breaux #2 well in Logan County, Oklahoma.

It seems the new horizontal well is a hallmark of the company’s future success in the region, showcasing the true potential of the Breaux #2 horizontal well (announced Apr 10, making it FTTN’s fourth working interest acquired so far this year) and offering investors a tantalizing look into the profit window for this gem, which only requires completion (already drilled and cased).

Back in April, Osage Exploration and Development, one of FTTN’s competitors in this region of the U.S., reported initial production on their Wolf 1-29 horizontal well over in Kay County. With an 85/15 mix of oil/gas coming up the pipe on Wolf 1-29, Osage saw in excess of 876 BPD on average throughout the first 30 days of production, as well as a whopping 1,185 BPD in the initial 72-hour period.

But check this out, the some 10k foot (5,816 down and 4,101 out) Wolf 1-29 was set up with a rather conventional multi-stage fracturing job. Breaux #2 on the other hand was designed and is being engineered for completion around the revolutionary new QuickFRAC® technology from Packers Plus, a unique and truly innovative solution that allows for huge time, efficiency, and productivity improvements to be achieved.

QuickFRAC uses an ingenious ball triggering system and array of QuickPORT™ sleeves and RockSEAL® II packers to obtain incredible workflow improvements, allowing operators to engineer a complex, multi-stage frac job, fracturing 60 stages downhole while the operator only has to pump 15 treatments from the surface. A special trigger ball is dropped downhole to close the Toe Circulation Sub, allowing pressure to build up, setting the RockSEAL packers and effectively sectioning up the wellbore into isolated stages with ease (additional triggers are fed down to setup the rest of the sections). A single pumping treatment on the surface resulting in precise directing to 2-5 stages downhole results in vastly improved pumping time and costs for the operator, while improving overall production yields/volumes.

The excellent results from Osage’s analogous well have bolstered confidence at FTTN considerably regarding the expectations for Breaux #2. Bedford Energy, Inc. engineered the Breaux #2 and places well completion within 30-60 days of funding.

With juicy figures like 160k barrels of oil and 1.5M metric cubic feet of gas to be had (according to the Petroleum Engineers reserve report), potential production could exceed $14M.

This marks another brilliant play by FTTN for their domestic resource portfolio and shareholders will be keen to see results from Breaux #2 (5,600 feet down and 2,300 feet out into the Hunton Clarita pay zone), whose addition to the other three working interests acquired by the company already this year (Alabama, Louisiana, and Texas), makes the company increasingly attractive in its category to potential investors. The embracing of QuickFRAC is a good example of how FTTN is thinking ahead and moving to develop new solutions for a growing global energy market, as the company steps up to the plate alongside major global players like Anadarko Petroleum and Chesapeake Energy.

For more information on First Titan Corp., or the Breaux #2 horizontal well, please visit the company’s website at: www.FirstTitanEnergy.com

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Norsat International announced that its video streaming technology was used in the broadcasting of President Obama’s surprise visit and address to U.S. service members in Bagram, Afghanistan, earlier this month.

Norsat is focused on providing communications systems that allow for transmitting digital data, such as audio and video, from remote and low-technology locations. Norsat is capable of providing support from design and development to distribution and service of their tech, which includes portable ground station/maritime based satellite terminals, antennas, RF conditioning products, and microwave components.

The satellite terminal used in the broadcast was Norsat’s NewsLink, equipped with the DVIDS (Defense Video and Imagery Distribution System) Direct Kit, which allows users with minimal training to establish a transmission. DVIDS uses a network of portable Ku-band satellite transmitters located in-theater and a distribution hub in Atlanta, Georgia.

Dr. Amiee Chan, president and CEO of Norsat, said, “We have been working closely with the troops of DVIDS since it was founded in 2004. We are pleased that Norsat’s innovative products and services have enabled DVIDS to become the premier and trusted service provider of this type of media content in the Department of Defense and onward to media in the U.S. and around the world.”

To learn more, visit www.norsat.com

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Mandalay Digital Group recently announced that John Bendheim has joined the company’s Advisory Board. Mr. Bendheim is currently the president of Bendheim Enterprises, a real estate investment holding company with operations located in California and Nevada. Mr. Bendheim also founded Inland Homes in 1994, and he has specialized in providing equity funding for real estate transactions. Prior to Inland Homes, he was President of Benditel Incorporated, an apparel manufacturer based in Los Angeles, California.

“I am thrilled to join the Mandalay Digital Advisory Board and to be involved with the company at this stage of its development,” Mr. Bendheim remarked. “Mandalay Digital has established itself a new leader in the rapidly evolving and expanding mobile content sector, and I look forward to witnessing the company’s advances firsthand as the company broadens its reach to all areas of mobile content and mobile content distribution.”

Mr. Bendheim currently serves as a member of the Board of Directors of the California Republic Bank, Cedars-Sinai Medical Center, American Fidelity Corporation, Beverly Hills Chamber of Commerce, University of Southern California Marshall School Board of Leaders, Wallace Annenberg Center for the Performing Arts, and the Evergreen Community School. Mr. Bendheim was the past Chairman of the Cedars-Sinai Board of Governors and the Los Angeles Sports & Entertainment Commission.

Mr. Bendheim spent time serving as a Chairman of the Cedars Sinai Sports Spectacular, which honors the top world class athletes and has raised millions of dollars for the children of the Genetic Birth Defects Center. In 2008, he received the Cedars Sinai Board of Governors Philanthropic Leadership Award for his contributions to the Heart Stem Cell Center and to the community of Beverly Hills. He also established the John Bendheim Executive in Residence Program at the USC Marshall School of Business. Mr. Bendheim received his Bachelor of Science degree in 1975 and an MBA in 1976 from the University of Southern California.

“John is an excellent addition to the Mandalay Digital Advisory Board,” commented Robert Ellin, Executive Chairman of the Mandalay Digital Group. “He is a seasoned Board member — particularly with his work with California Republic Bank, American Fidelity, and Cedars-Sinai. His wide range of business experience and his countless philanthropic efforts significantly raises the profile of Mandalay Digital within our local community and beyond. His input will prove very valuable as we continue to build our brands and expand our mobile data service and content offerings through additional acquisitions, joint ventures, and partnerships.”

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PURE Bioscience, creator of the patented silver dihydrogen citrate (SDC) antimicrobial, announced that Intercon Chemical Company will be presenting the PURE Complete System alongside its Clearly Better Solutions product line at the National Restaurant Association Show, May 5-8, 2012, at McCormick Place in Chicago at booth number 1085. The annual NRA Show brings in over 58,000 restaurant and food service industry professionals spanning all 50 states and more than 100 countries, and showcases innovative technology and the latest information on trends and issues in the industry.

The PURE Complete System product line utilizes PURE Bioscience’s proprietary silver dihydrogen citrate antimicrobial technology in its cleaners and disinfectants. The products included in the PURE Complete System are the PURE Hard Surface disinfectant and food contact surface sanitizer, PURE Multi-Purpose Cleaner Concentrate, and PURE Floor Cleaner Concentrate.

Jim Epstein, President of Intercon, stated, “The NRA Show is an excellent venue to present PURE Hard Surface, as restaurants bear tremendous responsibility for national food safety. Americans are spending more time and money each year eating away from home, and studies show that at least 50% of foodborne disease outbreaks can be attributed to restaurants. We know that disinfection and food contact surface sanitization is a key element of pathogen control in restaurants because bacteria and viruses survive on, and can contaminate, hard surfaces such as counters, door handles, appliances, tables, chairs and trays. Restaurants can be confident that PURE Hard Surface quickly stops the contamination cycle.”

Tom Myers, PURE Bioscience’s Executive Vice President, Sales and Marketing, added, “Even just one outbreak of foodborne illness can have devastating effects on a business, and Intercon’s presentation of the benefits of implementing PURE Hard Surface will resonate with distributors and customers. The quick kill times of PURE’s low-toxicity and odorless formula, along with SDC’s GRAS status as a contact biocide, set PURE apart from toxic chemicals currently used in restaurants. PURE Hard Surface is an ideal choice to meet the health and business challenges of food safety in the restaurant industry.”

To learn more, visit www.purebio.com

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MMRGlobal, through its wholly owned operating subsidiary MyMedicalRecords Inc., provides secure and easy-to-use online Personal Health Records (PHRs) and electronic safe deposit box storage solutions. The company today announced it will begin offering its MyMedicalRecords PHR at the Mickey Fine Pharmacy chain in Beverly Hills beginning May 10, 2012.

MMRGlobal pointed out Mickey Fine Pharmacy’s established presence in the Los Angeles area, attracting many movie stars, athletes, business leaders, and politicians. MMRGlobal’s program offer Mickey Fine customers a 30-day MyMedicalRecords.com PHR account, which covers up to 10 family members, including pets, and incorporates the company’s MyEsafeDepositBox so that users can securely store important documents, accessible from any Internet-connected device.

Each MyMedicalRecords account also includes an Emergency Login portal that allows family members to login with a separate emergency password, which allows for medical personnel to instantly access potentially life-saving information — such as medications, allergies, and blood type – if needed. Non-emergency medical data in an account remains protected from view.

“Having pharmacies as a point of distribution for a Personal Health Record is a logical distribution opportunity since the pharmacy is the last stop or collection point for all prescriptions from all doctors for most individuals,” Bob Lorsch, MMRGlobal CEO stated in the press release. “Once an account is populated with a few documents, attrition is less than 3%. Consumers stick with their MyMedicalRecords accounts. This provides an ongoing revenue stream for the pharmacy from both the initial sign-up and residuals for as long as an account is active.”

Under the federal government’s HITECH Act, patients need timely, electronic access to their personal health information by 2014. Through its relationship with MMRGlobal, Mickey Fine is the first pharmacy in the nation to make a full-featured PHR available to customers its customers.

For more information visit www.mmrglobal.com

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Rainbow BioSciences LLC, a biotech subsidiary of Rainbow Coral Corp., today announced the newly formed collaboration of its latest acquisition target, Amarantus Biosciences Inc. (AMBS), with Brewer Sports International (BSI). The partnership was established to increase awareness of new medical therapies being developed to treat traumatic brain injuries (TBI) as a result of football and other contact sports.

The newly formed Coalition for Concussion Treatment is complementary to Amarantus’ strategy of developing diagnostic and treatment options for TBI. Part of the coalition’s mission is to educate parents, players, fans, and the sports community on the potential that new advances in developing new treatments can offer for acute symptoms, as well as the potential they carry for reducing the long-term effects of these injuries on the brain.

To increase awareness of these developments and products on a larger scale, the coalition is using social media and has created a viral campaign through Twitter and other digital and social media outlets.

The coalition recently achieved what it calls a “critical milestone” with its Twitter account announcing that 100 people have signed a petition endorsing the movement and seeking to disseminate critical information about promising new therapies that BSI plans to identify and raise awareness for in upcoming months.

Rainbow BioSciences said spreading the word of new advancements in treatments for traumatic brain injury is vital because it allows the broader community to support drug developers’ efforts.

Rainbow BioSciences and Amarantus signed a letter of intent earlier this week.

For more information visit www.rainbowbiosciences.com

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Independence Energy is an oil and gas exploration and development company focused on projects in the United States. The company currently has projects ongoing in Texas and Oklahoma – the Montcrest and the Quinlan, respectively.

The company reported today that all electrical work had been completed at the Quinlan Lease oil property in Oklahoma. The finished electrical work by the local utility company included the installation of a new transformer suitable for operating significant production and water handling upgrades.

The Quinlan Lease area is made up of three productive oil wells (#1, #2, #3) and one water disposal well located on 120 acres in Pottawatomie County, Oklahoma. The historic oil field was discovered in 1937 and to date has produced in excess of 4.8 million barrels of oil. Independence Energy currently holds a 10 percent interest in these three wells.

The electrical work was necessary for Independence Energy to proceed with the next step in its operations at the Quinlan #3 well – the installation of a larger submersible pump. When the new submersible pump is installed, the company expects oil production at Quinlan #3 and the associated revenues to increase significantly due to its improved water handling and storage capabilities. Completion of the pump installation is expected to occur on May 7.

For further information about Independence Energy and its ongoing projects, please visit the company’s website at www.independenceenergycorp.com

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