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Monthly Archives: September 2009

FieldPoint Petroleum Corp.’s (FPP) $4.4M Acquisition Could be its “Most Important Acquisition”

FieldPoint Petroleum Corp. is an oil and gas exploration, production and acquisition company primarily focused on Louisiana, New Mexico, Oklahoma, Texas and Wyoming. The company today announced the $4.4 million acquisition of a working interest in Texas. Per the agreement, … Continue reading

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Point.360 (PTSX) Reports Loss in Fourth Fiscal Quarter

Point.360 reported a net loss of $12.2 million, or $1.20 per share, in its fourth fiscal quarter. The company reported net income of $0.1 million, or $0.01, per share in the same quarter in 2008. Revenues came in at $11.0 … Continue reading

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Cavico Corp. (CAVO) Receives NASDAQ Approval

Cavico Corporations, a young Vietnamese Company that has gained a global reputation as a leading infrastructure development company, reached a major milestone in its history with the announcement that their common stock has been approved for listing on the NASDAQ … Continue reading

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Somanetics Corp. (SMTS) Reports Second Quarter Earnings

Somanetics Corp. released results for its third fiscal quarter of 2009, ending August 31, 2009. The company reported net income of $2.2 million, or $0.17 per share. This was down from the $3.0 million, or $0.23 per share, earned in … Continue reading

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CEL-SCI Corp. (CVM) Raises Capital to Fund Phase III Trials

CEL-SCI Corp (CVM) recently announced that it raised equity capital to fund further research and clinical trials of some of its drug candidates, including an anti cancer drug and one to treat swine flu. The company sold 4,285,715 shares of … Continue reading

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U.S. Concrete, Inc. (RMIX) Divests Assets in California

U.S. Concrete, Inc. recently announced the divestiture of four concrete plants located in Sacramento, California. The company sold the plants for $6.0 million, plus an adjustment based on associated inventory transferred with the assets. In 2008, these assets produced $28 … Continue reading

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eDiets.com, Inc. (DIET) Announces Additional Investment for Growth Opportunities

eDiets.com, Inc., a provider of personalized nutrition, fitness and weight-loss programs, recently announced that the company has entered into a $600,000 private placement with certain management members and the board of directors. The investment will immediately convert into common stock … Continue reading

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A-Power Energy Generation Systems Ltd. (APWR) Lands $90 Million Wind-Power Contract

A-Power Energy Generation Systems Ltd., the largest provider of distributed power generation systems in China, announced today a $90.5 million contract to develop a 49.5 Megawatt wind farm in the township of Saiwusu, Guba County in Inner Mongolia. The project, … Continue reading

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Hyperdynamics Corp. (HDY) Signs Memorandum of Understanding with Guinea

Hyperdynamics Corp. is an independent oil and gas company with operations in the Republic of Guinea which is located in West Africa. The company has the sole exploration and production rights over Guinea’s offshore region, which covers about 31,000 square … Continue reading

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Protalix Biotherapeutics, Inc. (PLX) Completes Phase III Trial for Gaucher Disease Treatment

Protalix Biotherapeutics, Inc. continues to make headlines with its innovative compound, a recombinant form of glucocerebrosidase (prGCD). Last week, the company released that its compound had received the FDA’s Orphan Drug Donation. Yesterday, the company announced that they have completed … Continue reading

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