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Monthly Archives: August 2011

UQM Technologies (UQM) partners with ReGen Nautic to delve into Marine Hybrid Electric Market

UQM Technologies Inc., developer and manufacturer of products for the alternative-energy technologies sector, today announced its strategy to enter into the marine hybrid electric market through a partnership with ReGen Nautic USA Inc., in which the companies will develop ultiple … Continue reading

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VistaGen Therapeutics, Inc. (VSTA) is “One to Watch”

VistaGen Therapeutics, Inc. is a biotechnology company applying stem cell technology for drug rescue and cell therapy. Drug rescue combines human stem cell technology with modern medicinal chemistry to generate new chemical variants (“drug rescue variants”) of promising drug candidates … Continue reading

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KIT digital Inc. (KITD) Joins Imcube Labs and Celvision Technologies Ltd. To Manage 3D Video Delivery over IP

KIT digital Inc., a company that, along with its subsidiaries, provides cloud-based video management solutions for multi-screen delivery worldwide, has announced that it has joined Celvision Technologies Ltd., a Chinese titan in 2D and 3D conversion services, and imcube labs, … Continue reading

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Cricket Communications, Inc. (LEAP) Prepares to Service Customers during Expected Storm

Cricket Communications, Inc. is a company on the move.  Located in San Diego, California, Cricket has made a name for themselves as a pioneer of simple and affordable unlimited wireless service with no long-term commitments or credit checks and has … Continue reading

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DryShips, Inc. (DRYS) Grabs Controlling Stake in OceanFreight (OCNF)

In a joint announcement, DryShips, Inc. and OceanFreight Inc. said that DryShips has acquired 3,000,856 shares of OceanFreight Inc., giving DryShips controlling interest in OceanFreight. DryShips came to this position via a complicated mix of cash and share swaps. The … Continue reading

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Longwei Petroleum Investment Holding Ltd. (LPH) Updates Fiscal 2011 and 2012 Operations

Longwei Petroleum Investment Holding Ltd. issued an operational update on its current business activities along with new guidance on sales and earnings over the next two years. Longwei Petroleum Investment Holding now expects sales in fiscal 2011 to be approximately … Continue reading

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Penson Worldwide, Inc. (PNSN) Sued In Class Action over Alleged Bogus Financial Statements

Stock clearing agent Penson Worldwide, Inc. (Nasdaq: PNSN) was sued over a basket of legal issues, including making false and misleading statements to inflate its stock price. The class action suit was brought by national law firm Levi & Korsinsky. … Continue reading

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BioTime Inc. (BTX) Subsidiary Receives $10 Million in Equity Financing

BioTime Inc. is a biotechnology company that, through various subsidiaries, develops and markets products in the field of regenerative medicine and blood plasma volume expanders. The company announced today that one of its majority-owned subsidiaries, OncoCyte Corporation, has received a … Continue reading

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Nevsun Resources Ltd. (NSU) Secures $235M Bisha Purchase Arrangement, Strengthening Position in African Gold and Silver Production

Nevsun Resources, the rapidly growing mineral producer currently focused on aggressively expanding its resource base in and around its massive Bisha Mine Project in Eritrea, East Africa, reported finalization of arrangements with the State over purchase of 30% of the … Continue reading

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VLOV Inc. (VLOV) Posts Solid Q2, Six-month Financials

VLOV Inc., a designer and marketer of VLOV-brand fashion forward apparel for men in the People’s Republic of China, today announced financial results for the second quarter and six months ended June 30, 2011. Net sales for the second quarter … Continue reading

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