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Monthly Archives: December 2010

GMX Resources (GMXR) Concludes Negotiations with Banking Syndicate

GMX Resources announced that the company has successfully concluded negotiations with its banking syndicate on issues involving the company’s senior credit facility. The company has a $250 million senior secured revolving credit facility with a group of lenders led by … Continue reading

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Cimatron Ltd. (CIMT) Appoints Two New Distributors for Brazil

Yesterday, Cimatron Ltd. announced two distributors that have been appointed to serve the Campinas and Santa Catherina areas of Brazil. The company’s further expansion into Brazil is expected to be announced shortly, when the company reveals additional distributors. Cimatron is … Continue reading

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CDC Software (CDCS) Integrates Tracking Technology with OnAsset through Strategic Partnership

CDC Software Corp., a hybrid enterprise software provider of on-premise and cloud deployments, yesterday announced its partnership with OnAsset Intelligence Inc., a leading provider of machine-to-machine (M2M) wireless asset tracking, sensing and control solutions. Per the agreement, OnAsset will utilize … Continue reading

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VistaGen Therapeutics (VSTA) Announces Successful Completion of Initial Phase 1 Safety Study of AV-101 for Neuropathic Pain

VistaGen Therapeutics, Inc., a stem cell technology company focused on drug discovery and development, today announced the successful completion of its initial Phase 1 safety study of AV-101, the Company’s novel orally available prodrug candidate for treatment of neuropathic pain. … Continue reading

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Sunesis Pharmaceuticals, Inc. (SNSS) Launches Phase 3 VALOR Trial for Vosaroxin Drug

Today, Sunesis Pharmaceuticals, Inc. released updates on its pivotal Phase 3 VALOR trial of vosaroxin, the company’s lead drug candidate in the study of acute myeloid leukemia (AML). Sunesis announced that the first patient has been randomized and dosed with … Continue reading

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Ivanhoe Energy Inc. (IVAN) Reports Successful Natural Gas Well in China

Ivanhoe Energy Inc. reported the successful completion of a natural gas well at the company’s properties in China. Ivanhoe Energy Inc. said that the Yixin-2 well produced natural gas at a peak rate of 13 million cubic feet per day, … Continue reading

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China Armco Metals, Inc. (CNAM) Updates Investors Regarding Metal Recycling Business

China Armco Metals, Inc., a distributor of metal ore and non-ferrous metals throughout the PRC, today told the investment community it anticipates producing and selling approximately 25,500 tons of recycled steel with an aggregate value of approximately $12 million in … Continue reading

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Alanco Technologies, Inc. (ALAN) Subsidiary Receives $2.6 Million Follow-On GenTrak® Order from Major Refrigerated Container Shipping Company

Today before the opening bell, Alanco Technologies, Inc. announced that its subsidiary StarTrak Systems has been awarded a follow-on contract from a current major refrigerated container customer valued at $2.6 million for additional GenTrak® genset-based GPS monitoring systems and a … Continue reading

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Pernix Therapeutics Holdings, Inc. (PTX) Forms Joint Venture with SEEK to Develop Cough Treatment

Pernix Therapeutics Holdings Inc., an integrated specialty pharmaceutical company focused primarily on the pediatric market, today announced its new joint venture with SEEK, a leading UK private drug discovery group. The companies have licensed or assigned all of their relative … Continue reading

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Synthesis Energy Systems Inc. (SYMX) Completes Gasification Testing, Moves toward Licensing Agreement

Synthesis Energy Systems Inc., a global energy and gasification technology company, today announced it has completed a commercial-scale demonstration test in which more than 2,000 tons of high ash coal from Queensland, Australia were gasified at its Zao Zhuang plant … Continue reading

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