USA Technologies, Inc. (NASDAQ:USAT) today issued the additional information regarding the resignation of Chairman and CEO George Jensen on October 14, 2011. A bit of history: Late last month, the Audit Committee of the Company’s Board of Directors was contacted with information suggesting that Mr. Jensen had been posting information about the Company on yahoo […]
First of all, we would like to congratulate our Twitter and Facebook followers with massive gains on day-trading of India Globalization Capital (IGC) stock. We alerted IGC on acquisition news in the morning at just above $.20. IGC markets traded today 2,950,104 shares (almost 60fold 10day average volume), topped to $.39 and closed at $.3345. […]
Strategic Mining Corp. (SMNG) announced today that it has conducted a successful metallurgical test on gold and silver samples collected at the Company’s flagship Nat Son property in northern Vietnam. Independent consulting geologist, Mr. Robert Marvin (B.SC, PGEO) of Red Rock Geoservices, reported: “The mapped characteristics of the property are typical of many productive gold […]
ALR Technologies Inc. (ALRT) announced today that it has received 510(k) clearance from the U.S. Food and Drug Administration for its Health-e-Connect (HeC) System for remote monitoring of patients in support of effective diabetes management programs. Sidney Chan, Company CEO, commented: “We are pleased to reach this milestone and are eager to introduce to market […]
Cyclacel Pharmaceuticals, Inc. (Nasdaq: CYCC) today announced that the independent Data Safety Monitoring Board (DSMB) of SEAMLESS, recommended that the Phase 3, randomized, registration-directed study of sapacitabine in elderly patients with acute myeloid leukemia (AML) should enter the randomized stage as planned. Judy H. Chiao , M.D., Vice President, Clinical Development and Regulatory Affairs of […]
Zoom Technologies, Inc. (Nasdaq: ZOOM) announced today that it it has signed a definitive agreement to acquire a 55% share of Portables Unlimited LLC (“Portables”), one of the largest exclusive wholesale distributors of T-Mobile products in the United States . Upon closing of the acquisition, ZOOM will establish its international headquarters in Portables’ offices at […]
Clearwire Corporation (NASDAQ: CLWR) today reported preliminary third quarter 2011 results. Highlights: Record quarterly revenues of approximately $332 million representing an increase of approximately 126% year over year Net wholesale subscriber additions are expected to approximately 29% sequential growth in ending wholesale subscribers Improved Adjusted EBITDA loss by more than 50% in third quarter 2011 […]
Patriot Scientific Corporation (PTSC) announced on Friday that company and The TPL Group have jointly reached an agreement to resolve and settle all claims and issues between them regarding their Joint Venture for the commercialization of the MMP Portfolio. Market reaction was favourable to PTSC stock so far but main question is still remaining: will […]
AlumiFuel Power Corporation (AFPW) announced yesterday that it has been awarded a contract to deliver a PBIS-2000 Portable Balloon Inflation System to the Air Force Special Operations Command (AFSOC). More importantly, Company has been approached by other military and meteorological users from the US, NATO, and around the world interested in the Portable Balloon Inflation […]
How to kill investor confidence? Ask executives at Radient Pharmaceuticals (RXPC). They know where and from whom to find the worst convertible debentures. Today Radient Pharmaceuticals (RXPC) released form PRE 14A with the following statements: Radient Pharmaceuticals Corporation (“RPC” or the Company) is holding this Special Meeting of Stockholders at its California office, located at […]
