Daily Stock List
Motricity, Inc. (MOTR)
Greenbackers, OTCPicks, smartOTC, The Street, and PennyTrader Publisher reported earlier on Motricity, Inc. (MOTR), and we highlight the Company, here at the QualityStocks Daily Newsletter.
Headquartered in Bellevue, Washington, Motricity, Inc. enables mobile operators, brands, and advertising agencies to maximize the reach and economic potential of the mobile ecosystem through the delivery of relevance-driven merchandising, marketing, and advertising solutions. They provide a software as a service (SaaS) based platform. Motricity makes it possible for their customers to implement marketing, merchandising, commerce, and advertising solutions to engage with target customers and prospects through mobile devices.
The Company's mobile solutions help companies attract and retain customers with relevant content, campaigns and offers. These drive customer interaction and improve response rates. Motricity helps companies understand the consumer behaviors that drive response to maximize campaign effectiveness and reduce churn. In the third quarter of 2012, the Company launched new products in Mobile Media and Mobile Enterprise through two new brands, Voltari and Serrano Mobile.
Motricity makes mobile sites and apps that are intuitive, functional, feature-rich, and optimized for all mobile platforms and every device on the market. The Company has provided complete mobile marketing solutions to some of the globe's largest brands. They provide relevance-driven mobile advertising, mobile marketing, mobile merchandising, and predictive analytics solutions. The Company provides their entire suite of mobile data service solutions through one, integrated, highly scalable managed service platform.
The Company has a comprehensive Premium Ad Network: an extensive mobile ad network spanning all channels. This includes web and app display, video, search, and messaging. They work with top-tier publishers. They perform rich media ad creation: immersive HTML5 ads interact with consumers, and are available in video preroll, interstitial, display, and expandable formats.
Last month, Motricity announced financial results for the third quarter ended September 30, 2012. Revenue in the third quarter of 2012 was $23.0 million, compared to $22.2 million in the second quarter of 2012 and $24.8 million in the third quarter of 2011. Operating income was $1.4 million, compared to operating income of $0.7 million in the second quarter of 2012 and to an operating loss of $(147.9) million in the third quarter of 2011.
Net income from continuing operations was $0.5 million. This is compared to a net loss of $(0.2) million in the second quarter of 2012 and $(141.7) million in the third quarter of 2011.
Motricity, Inc. (MOTR), closed at $0.865, up 1.75%, on 2,124,773 volume with 3,466 trades. The average volume for the last 60 days is 645,930 and the stock's 52-week low/high is $0.363/$1.85.
Far East Energy Corp. (FEEC)
PennyTrader Publisher, SmarTrend Newsletters, The Growth Stock Wire, SmallCapVoice, and AllPennyStocks reported earlier on Far East Energy Corp. (FEEC), and we are reporting on the Company, here at the QualityStocks Daily Newsletter.
Based in Houston, Texas, Far East Energy Corp. focuses on coalbed methane (CBM) exploration and development in China. Since their establishment, the Company has implemented a strategy to acquire, develop, and exploit growth and to build a geographically focused portfolio of coalbed methane assets with some of the highest per Mcf margins in the industry. Listed on the OTCQB, Far East Energy also has offices in Beijing, Kunming, and Taiyuan City, China. Their subsidiary is Far East Energy (Bermuda), Ltd.
The Company has, via production sharing contracts, interests in three of China's largest coalbed methane fields. These include the 485,000-acre Shouyang Block in Shanxi Province; the 573,000-acre Qinnan Block in Shanxi Province; and the 265,000-acre Enhong and Laochang areas in Yunnan Province.
The Shouyang field is the foundation for growth for Far East Energy. This field is where they are deploying the majority of their technical expertise and capital spending. The Shouyang coals exhibit high permeability and high gas content.
By way of their unique CBM projects in China, Far East Energy can exploit Original Gas in Place (OGIP), which is estimated to be between 21.3 and 29.2 trillion cubic feet (Tcf). This estimate includes coalbed methane projects granted under the three production sharing contracts (PSCs) in the Shanxi and Yunnan Provinces.
In July 2012, Far East Energy announced the release of an independent engineering report prepared by Resource Investment Strategy Consultants (RISC) with respect to the Company's CBM contingent resources located in their Shouyang block in Shanxi Province, as of December 31, 2011. The RISC report estimates the net contingent resources at the 2C (Best Estimate) level of confidence for the Shouyang block under PRMS standards to be approximately 1.1 trillion cubic feet (tcf), with estimated future net revenue, on an NPV10 basis, of approximately US$2.6 billion.
The report estimates net contingent resources at the 3C (High Estimate) level to be approximately 1.3 tcf, with an estimated NPV10 of US$3.78 billion; and, the 1C (Low Estimate) is 736.1 billion cubic feet, with an estimated NPV10 of US$1.19 billion.
Last Wednesday, Far East Energy announced that they entered into an amendment to their bridge facility agreement with Standard Chartered Bank. It, among other things, extends the termination date to December 19, 2012 from November 28, 2012 as the Company continues to work with their advisors and potential investors to complete the previously announced senior secured notes offering by their subsidiary Far East Energy (Bermuda), Ltd.
Far East Energy Corp. (FEEC), closed Monday at $0.10, down 4.31%, on 554,447 volume with 27 trades. The average volume for the last 60 days is 584,489 and the stock's 52-week low/high is $0.07/$0.35.
BluForest, Inc. (BLUF)
Research Driven Investor reported last week on BluForest, Inc. (BLUF), and today we are highlighting the Company, here at the QualityStocks Daily Newsletter.
BluForest, Inc. is an emerging leader in the field of Carbon Trading and Renewable Energy. The Company is a development stage enterprise that is a carbon offsets marketing and renewable energy organization. Their strategy is to become a leading marketer of carbon offsets in the voluntary markets under the UN principle of Reducing Emissions from Deforestation and forest Degradation (REDD+). BluForest lists on the OTC Markets: OTCQB. The Company is based in Quito, Ecuador. The Company formerly went by the name Greenwood Gold Resources, Inc. They changed their corporate name to BluForest, Inc. this past May.
BluForest's business plan centers on the sale of Verified Carbon Standards (VCS) and REDD+ carbon offsets via mitigation actions that look to protect rainforests and leave them, or return them, to their natural, undisturbed, pristine state. The Company's initial land assets rank among the most valuable globally. Their location is within a government-protected National Park.
Last week, BluForest announced that they signed a Letter of Intent (LOI) on November 25, 2012 entering into discussions to consider the acquisition of the Canadian company New World Generation (NWG). The Company indicates that this prospective acquisition shows BluForest's ability and desire to become a leader in the fight against climate change by way of diverse technology.
Under the terms of the LOI, BluForest is granted an option to acquire New World Generation through a share base that will be finalized during the due diligence process. The parties' intention is that the LOI will be superseded by a formal agreement upon completion of due diligence.
In operation since May 18, 2001, NWG is a privately held Canadian corporation. NWG is the holding company for patented technologies in the power generation sector. Their patents relate to collecting, generating, storing and regenerating electrical energy.
Mr. Charlie Miller, Chief Executive Officer of BluForest, said, "I am very excited about this new transaction and the corporate governance that will accompany it."
BluForest, Inc. (BLUF), closed at $1.50, even for the day, on 12,000 volume with 12 trades. The average volume for the last 60 days is 449 and the stock's 52-week low/high is $0.90/$10.00.
Mobile Integrated Systems, Inc. (MIBI)
Penny Stocks Profile, The Global Investment Group, and PSSMS Newsletter reported earlier on Mobile Integrated Systems, Inc. (MIBI), and today we choose to report on the Company, here at the QualityStocks Daily Newsletter.
A Nevada corporation, Mobile Integrated Systems, Inc. is a technology company that lists on the OTCQB. The Company focuses on developing and deploying mobile products and transaction systems to an assortment of industry sectors. These sectors include lotteries, gaming, transportation, telecommunications, finance, and others. Mobile Integrated Systems' technology solutions provide clients and partners with features and benefits including secure electronic transactions, analytics, realistic lottery and game play, geolocation, and more.
The Company's August 2012 definitive agreement to acquire Quantitative Alpha Trading will expand their portfolio of products. This is through offering proprietary automated trading systems that utilize a linked series of computer programs that rely on behavioral science patterns to analyze securities market data in real-time and execute buy or sell orders over the electronic securities exchanges without human intervention.
Mobile Integrated Systems has their MobiLotto GameCore solution. It provides lottery operators with a complete solution to enable consumers to play lottery and other games of chance and skill through mobile devices. For the operator, MobiLotto deploys in 60 days, without capital costs, and expands revenues by reaching mobile perceptive players and analytically enriched in-game marketing.
The Company also offers their MobiPark. The MobiPark app attracts drivers, then feeds parking operator's new customers, and reduces their pay & display and gated facilities operating and enforcement costs. MobiPark assist drivers in locating empty parking spots, therefore speeding up the parking experience.
Concerning Mobi Finance, Stealth Analytics© that the Company provides is the first real-time market-sentiment and traders'-perception cockpit. The design of this tool is to provide an active trader with a highly dynamic picture of how other market participants' view the current market situation based on their Buy/Sell activities. The Company also offers Market Sentiment Navigator. It is the first software platform that offers unique insight into possible and immediate future price changes of individual securities. This insight helps traders make better and more informed trading decisions.
In November, Mobile Integrated Systems, operating via their wholly owned subsidiary Mobilotto Systems, Inc., announced their second deployment of a mobile lottery application for The Princess Margaret Hospital Foundation Lotteries. The applications and related cloud-based infrastructure (available on Android and BlackBerry devices) allow users to register, receive notifications and order tickets directly from their mobile phones.
Mobile Integrated Systems, Inc. (MIBI), closed Monday's session at $0.20, even for the day, on 70,592 volume with 7 trades. The average volume for the last 60 days is 24,483 and the stock's 52-week low/high is $0.10/$0.415.
National Graphite Corp. (NGRC)
FeedBlitz reported today on National Graphite Corp. (NGRC), PennyTrader Publisher, Lions of Wall Street did earlier, and we choose to report on the Company, here at the QualityStocks Daily Newsletter.
National Graphite Corp. is a Graphite, Gold, Silver and precious metals exploration enterprise. The Company's focus is acquiring and developing graphite projects in the dynamic and fastest growing end use for graphite - the battery segment. They acquired 65 claims of 60 hectares each for more than 9,600 acres in Lochaber Township in Quebec, and 20 Mineral Lode Claims in Township, 15 North, Range 19 East, Sections 25 & 26 Carson City, Nevada - mining claims consisting of approximately 400 acres.
Graphite is a mineral consisting entirely of carbon. In its standard crystalline state, it is considered the most stable form of carbon. Graphite is an excellent conductor of heat and electricity. In addition, it has the highest natural strength and stiffness of any material known today.
As pertains to Precious Metals, National Graphite owns 100 percent interest in two high value properties in Mineral County, Nevada, known as the Candelaria claims. These claims incorporate the Silver Summit acquisition and the Black Butte Mines. These are two historic former producing mines in Nevada's premier Gold and Silver trends.
Their Candelaria silver properties are in the Walker Lane Mineral Belt in western Nevada. The Walker Lane hosts an array of precious metal and base metal mineral deposits (as well as geothermal activity) along its length. The mineralization on the Candelaria prospect is primarily silver mineralization with some gold, lead and zinc exposed at the surface.
Last Friday, National Graphite announced that the Samples from the production pit yielded a 25 percent to 40 percent grade with the potential to yield more than 1,000,000 tons of graphite. The anomaly that occurs approximately 250 meters east of the open pit is under line 10 adjacent to an exploration trench that has exposed graphite mineralization. A second anomaly was detected north of the exposed mineralization that indicates the mineralization may be more than 150 meters in width. The proposed drilling will intersect the anomalies and determine the grade of the graphite mineralization for the two geophysical anomalies.
The second drill target is 300 meters east of line 10 directly beneath line 7. The preliminary 5 hole drill program will intersect the anomaly and determine the extent and grade of the graphite mineralization between the two very pronounced geophysical anomalies.
National Graphite Corp. (NGRC), closed Monday's trading session at $0.72, up 24.14%, on 1,905,710 volume with 645 trades. The average volume for the last 60 days is 272,301 and the stock's 52-week low/high is $0.11/$1.24.
Northern Gold Mining, Inc. (NGM.V)
We are reporting on Northern Gold Mining, Inc. (NGM.V) today, here at the QualityStocks Daily Newsletter.
Northern Gold Mining, Inc. is a junior resource company whose shares list on the TSX Venture Exchange. The Company concentrates on the discovery and development of high value mineral deposits in the proven mining camps of Kirkland Lake and Timmins in northeastern Ontario. Northern Gold Mining's objective is to become an efficient, low cost regional gold producer. Northern Gold Mining is based in Toronto, Ontario.
The Company is focusing on outlining two gold deposits at an advanced stage of exploration on their 100 percent owned Garrison Gold Property. Recently, they acquired the Buffonta Property, only 4 km southwest. In addition to the Jonpol and Garrcon gold deposits, the Garrison Property hosts a number of other gold mineralized showings. This includes the less advanced 903 gold mineralized area.
Northern Gold has historical mining infrastructure at the Jonpol and Garrcon Deposits. The Company is beginning exploration of the Buffonta Property, and they continue to expand their land holdings in the region.
In late October, the Company announced results from 21 additional diamond drill holes and 3 drill hole extensions from their surface diamond drilling program on their 100 percent owned Garrison Gold Property, 100 km east of Timmins, Ontario. The reported holes consist of 10,056 meters from a total of 18,176 meters in 37 drill holes and 9 drill hole extensions completed to date in 2012.
Jonpol East highlights include 9.85 g/t Au over 2.0m (286m - 288m) GAR-12-224, and 15.02 g/t Au over 2.0m (312m - 314m) GAR-12-224. Garrcon Deposit highlights include 1.77 g/t Au over 166.0m (313m - 479m) GAR-12-114X (Extension of hole GAR-11-114); 59.13 g/t Au over 1.0m (256m - 257m) GAR-12-219; 601.82 g/t Au over 1.0m (142m - 143m) GAR-12-222, and 6.08 g/t Au over 5.0m (53m - 58m) GAR-12-223.
Last Friday, Northern Gold Mining announced that they entered into a definitive option agreement with various property interest holders including Tiger Gold Exploration Corp. Northern Gold has been granted the exclusive right to earn up to a 100 percent interest in certain mining claims and leases located in Harker, Holloway, Elliott, Garrison, Thackeray, Marriott and Tannahill Townships, Ontario.
The Property consists of 18 patented mining claims, 806 unpatented mining claims units and 2 leases consisting of an aggregate of 13 claim units and extends across approximately 14,240 hectares. Pursuant to the terms of the Option Agreement, Northern Gold Mining can acquire an initial 80 percent interest in the Property.
Northern Gold Mining, Inc. (NGM.V), closed Monday's trading session at $0.33, down 5.71%, on 137,737 volume. The stock's 52-week low/high is $0.17/$0.45.
Location Based Technologies, Inc. (LBAS)
Buzz Stocks, PennyStockVille, BullRally, PennyInvest, StockRich, HotOTC, MadPennyStocks, CoolPennyStocks, StockEgg, and AllPennyStocks reported previously on Location Based Technologies, Inc. (LBAS), and we highlight the Company, here at the QualityStocks Daily Newsletter.
Based in Irvine, California, Location Based Technologies, Inc. designed and developed the PocketFinder family of locator devices. PocketFinder devices help busy individuals utilize technology to stay connected easily to what they value most. This includes loved ones, pets, vehicles and other assets. PocketFinder products include the GPS Vehicle Locator, Personal GPS Locator and GPS Pet Locator. Location Based Technologies (LBT) lists on the OTC Markets: OTCQB.
LBT's family of products features submersible waterproof, virtually indestructible GPS devices. They provide customers with easy to manage, customizable location information that is accessible from almost anywhere and at any time. For Family and Personal use, they offer Personal GPS Trackers suitable for locating people, pets' luggage, backpacks, golf clubs and almost any other item someone desires to locate.
For Vehicle Tracking, LBT offers a robust GPS Vehicle Tracker. It can be hardwired to any battery-powered vehicle for an easy way to locate cars, trucks, snowmobiles, boats, RVs and any other mobile asset. For Mobile Assets, LBT offers the specialized PF-866 GPS tracking device. It provides long-term battery power to locate mobile assets, logistics and freight and equipment.
Additionally, the Company offers asset management solutions. Businesses can use LBT's proprietary end user interface. This gives them fast and easy access to actionable data. LBT provides asset managers with monitoring and reporting capabilities for their mobile assets. Concerning Construction and Equipment, their GPS tracking solutions help rental and construction companies locate vehicles, high value assets and other mobile equipment on and off the site, from one account.
For Freight Tracking & Logistics, the Company manufactures small GPS devices - powered and battery operated. These are for business owners who want better results for on-time deliveries, safe drivers, lower fuel costs, as well as increased productivity. Concerning Mobile Asset Solutions, LBT's App platform gives customers visibility of their assets even while they're in transit.
Last Friday (November 30, 2012), LBT announced that they executed an agreement with EE that will allow the companies to begin working together to trial sales of PocketFinder GPS products in the United Kingdom (U.K.). The expectation is that LBT will deliver trial PocketFinder devices to EE within 30 days and the devices will sell in EE's stores throughout the holidays. With this agreement, this initial run of devices could be the foundation of a larger and more involved relationship between the two companies.
EE is the largest telecommunications company in the U.K. The company was created as a Joint Venture between Orange Telecom and T-Mobile.
Location Based Technologies, Inc. (LBAS), closed Monday at $0.21, up 2.44%, on 367,343 volume with 50 trades. The average volume for the last 60 days is 131,247 and the stock's 52-week low/high is $0.12/$0.48.
Condor Petroleum, Inc. (CPI.TO)
Today we are highlighting Condor Petroleum, Inc. (CPI.TO), here at the QualityStocks Daily Newsletter.
Condor Petroleum, Inc. is a Canadian oil and gas company with assets in Kazakhstan and Canada. The Company engages in the exploration, development, and production of oil, natural gas and Natural Gas Liquids (NGLs). Condor Petroleum has their corporate headquarters in Calgary, Alberta; they maintain operational offices in Kazakhstan. The Company's shares trade on the Toronto Stock Exchange.
Condor Petroleum holds a 100 percent interest in the exploration rights to the 2,610 square km Zharkamys Territory, located in Kazakhstan's Pre-Caspian basin. In addition, the Company holds a 66 percent interest in Marsel Petroleum, LLP that has the exploration rights to the 18,500 square km Marsel Territory, located in Kazakhstan's Chu- Sarysu basin. Condor operates certain oil and natural gas properties and holds non-operated Working Interests (WI's) in several other properties in Canada.
The Kazakhstan Territories are in regions of proven hydrocarbon systems, with a number of wells having flowed oil/gas or demonstrated positive shows. Many prospective targets are supported by extensive historical information and modern data collection activities.
These Territories are strategically located between China, Russia and Europe, and near existing or developing infrastructure. This includes a recently commissioned 1 trillion cubic foot (TCF) gas pipeline in southern Kazakhstan that flows gas to China.
In January of 2007, Petroleum acquired a package of producing oil and gas properties in Alberta that provided an asset base to establish operating activities. The Company is the operator of 53 percent of the properties and maintains a non-operated working or royalty interest in the remainder. Condor's Canadian Projects are Bassano, Alberta; Mikwan, Alberta; Bashaw, Alberta, and Spirit River, Alberta.
During the third quarter of 2012, Condor continued the exploration programs at the Zharkamys West 1 territory (Zharkamys) and the Marsel territory (Marsel) in Kazakhstan. At Zharkamys, the Shoba trial production period began in September 2012, permitting continuous production from five wells at the Shoba oil field. The expectation is that the trial production period will continue until mid-2014 and then transition into the development period with forecasted peak production greater than 1,500 bopd. Production from Shoba is currently 400 bopd.
Last month, Condor signed a Memorandum of Understanding (MOU) with an international oil and gas group related to the sale of the Company's 66 percent participation interest in the Marsel territory. Due diligence is in process and expected to be completed in early 2013. The sale of the participation interests would be subject to consent and certain approvals from the government of Kazakhstan.
Condor Petroleum, Inc. (CPI.TO), closed Monday's trading session at $0.335, up 6.35%, on 97,650 volume. The stock's 52-week low/high is $0.27/$0.55.
Viscount Systems, Inc. (VSYS)
The QualityStocks Daily Newsletter would like to spotlight Viscount Systems, Inc. (VSYS). Today, Viscount Systems, Inc. closed trading at $0.05, even with yesterday's close, on 25,500 volume with 4 trades. The stock’s average daily volume over the past 60 days is 46,183, and its 52-week low/high is $0.0302/$0.07.
Viscount Systems, Inc. (VSYS) designs, manufactures, and services access control and security products such as door access control systems and emergency communications systems. The company's products have been installed in approximately 35,000 sites in over 30 countries, including prisons, schools, hospitals, and corporate offices.
Designing security systems since 1969, the company has developed strategic working relationships with leading equipment vendors to support its continued profitability and growth. Viscount has been consistently profitable for nearly 15 years and currently generates annual revenues of approximately $5 million.
Five hundred dealers help distribute Viscount's existing products throughout North America. This distribution network is not static as the company constantly pursues additional sales channels. Products are advertised in various print publications and regularly displayed at tradeshows as well. Direct marketing via training seminars also helps drive sales.
Viscount's management team has more than 60 years of combined experience in the development and production of electronic door control and telecommunication systems. Under this leadership, the SIA Convergence Solution of the Year accolade and Platinum Award for Emergency Response and Gold Award for Access Control at the Government Security Awards (GOVSEC) for 2011 have been presented to the company. Disclaimer
Viscount Systems, Inc. Company Blog
Viscount Systems, Inc. News:
Viscount Announces Completion of $500,000 Private Placement
Viscount Systems Wins Contract with Phoenix Sky Harbor Sky Train
Viscount Systems Partners with Evolis to Provide Visitor Management Solutions
VIASPACE, Inc. (VSPC)
The QualityStocks Daily Newsletter would like to spotlight VIASPACE, Inc. (VSPC). Today, VIASPACE, Inc. closed trading at $0.0125, up 4.17%, on 2,724,650 volume with 22 trades. The stock’s average daily volume over the past 60 days is 1,650,148, and its 52-week low/high is $0.0013/$0.015.
VIASPACE, Inc. reported today on how the company's Giant King™ Grass was featured on the front page of the St. Croix Avis newspaper recently (Nov 29) in an article covering the 20-year Tibbar project (slated to kick off next year). The article noted how the 6 MW facility was one step closer to realization with the planting of the first batch of Giant King Grass, VIASPACE's non-food feedstock grass featuring exceptional yields and advantages. Another big success for VSPC as their proprietary Giant King Grass sees increased adoption as a renewable biomass component for electrical generation projects.
VIASPACE, Inc. (VSPC) is focused on growing renewable Giant King™ Grass as a low-carbon fuel for clean electricity generation and environmentally friendly energy pellets, as well as a feedstock for bio-methane production, green cellulosic biofuels, biochemical, and biomaterials. A high-yield, low-cost feedstock, Giant King Grass meets the cost targets of green energy applications while maintaining a carbon neutral profile.
The highest yielding biomass crop in the world, Giant King Grass can grow in a variety of soil conditions and does not compete with food crops. Once Giant King Grass is established, it can be harvested at 3-5 feet tall every 45 to 60 days or at 14 feet tall twice a year. This incredibly high rate of growth provides a continual supply of biomass year-round, enabling strategically located power plants to operate 24 hours a day regardless of the current season.
VIASPACE provides Giant King™ Grass seedlings and technical expertise to qualified projects. The company also plans to serve as a project developer or co-developer for power plant or pellet mill projects, together with local partners that have land and require electricity, heat, pellets, biogas, or biofuels. VIASPACE and its partners are capable of delivering an integrated Giant King Grass plantation and biomass power plant project in just 24 months.
The excellent energy characteristics of Giant King Grass and its ability to be harvested multiple times each year enable and energy output yield that is much higher than other crops . This superior feedstock offers material productivity benefits at remarkable costs for energy production, biofuels, and biomaterials. Giant King Grass is currently being grown in the United States, Virgin Islands, China, and other areas. Disclaimer
VIASPACE, Inc. Company Blog
VIASPACE, Inc. News:
VIASPACE Giant King™ Grass Featured in Front-Page Story in St. Croix Newspaper
Board Chairman and CEO Conduct Interview With The Green Baron Report
VIASPACE, Inc. Announces Engagement of QualityStocks Investor Relations Services
VistaGen Therapeutics, Inc. (VSTA)
The QualityStocks Daily Newsletter would like to spotlight VistaGen Therapeutics, Inc. (VSTA). Today, VistaGen Therapeutics, Inc. closed trading at $0.70, up 1.45%, on 1,000 volume with 1 trade. The stock’s average daily volume over the past 60 days is 1,249, and its 52-week low/high is $0.06/$3.15.
VistaGen Therapeutics, Inc. reported formalizing the company's Commercialization of Regenerative Medicine's (CCRM) Industry Consortium membership today. The CCRM is a Toronto-based not-for-profit, public-private consortium funded by the Government of Canada, six Ontario-based institutional partners and more than 20 companies representing the key sectors of the regenerative medicine industry. CEO of VSTA, Shawn Singh, reaffirmed how this membership reflects the company's strong association with CCRM, its core programs, and objectives (both directly and through the strategic relationships with Dr. Gordon Keller and the University Health Network).
VistaGen Therapeutics, Inc. (VSTA) 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 once-promising drug candidates that have been discontinued during late-stage preclinical development due to heart or liver safety concerns. VistaGen also focuses on cell therapy, or regenerative medicine, which includes repairing, replacing or restoring damaged tissues or organs.
VistaGen's versatile stem cell technology platform, Human Clinical Trials in a Test Tube™, has been developed to provide clinically relevant predictions of potential heart and liver toxicity of promising new drug candidates long before they are ever tested on humans.
By more closely approximating human biology than conventional animal studies and other nonclinical techniques and technologies currently used in drug development, VistaGen's human stem cell-based bioassay systems can improve the predictability of the drug development cycle and lower the cost of new drug research and development by identifying product failures earlier in the cost curve. According to the Food and Drug Administration even only a ten percent improvement in predicting failure before clinical trials could save $100 million in development costs, which savings ultimately could be passed on to patients.
Using mature human heart cells produced from stem cells, VistaGen has developed and internally validated CardioSafe 3D™, a novel three-dimensional (3D) bioassay system for predicting the in vivo cardiac effects of new drug candidates before they are tested in humans. VistaGen is now focused on using CardioSafe 3D™ to generate up to two new, safer small molecule drug rescue variants every twelve to eighteen months. VistaGen anticipates that these drug rescue variants will be modified versions of once-promising new drug candidates that have been discontinued by pharmaceutical companies and academic research institutions because of heart toxicity concerns, despite substantial prior investment and positive efficacy data demonstrating their potential therapeutic and commercial benefits. In most cases, VistaGen plans to license or sell its new, safer drug rescue variants in strategic partnering arrangements with global pharmaceutical companies, arrangements providing VistaGen with both near term and downstream milestone payments and economic participation rights but without future development cost obligations.
VistaGen's lead drug candidate, AV-101, is in Phase Ib development in the U.S. for treatment of neuropathic pain, a serious and chronic condition causing pain after an injury or disease of the peripheral or central nervous system.
Neuropathic pain affects approximately 1.8 million people in the U.S. alone. Although the current active AV-101 IND is for the treatment of neuropathic pain, VistaGen's development plan and regulatory strategy for AV-101 has been designed to allow its Phase 1 safety studies to support Phase 2 development for depression, epilepsy, Huntington's Disease and Parkinson's disease, indications for which there is now supporting preclinical efficacy data. To date, VistaGen has been awarded over $8.5 million from the U.S. National Institutes of Health (NIH) for development of AV-101.
VistaGen is also developing LiverSafe 3D™, a novel predictive liver toxicity and drug metabolism bioassay system for drug rescue applications. In parallel with drug rescue activities, the Company is funding early-stage nonclinical studies focused on potential cell therapy applications of its Human Clinical Trials in a Test Tube™ platform. Disclaimer
VistaGen Therapeutics, Inc. Company Blog
VistaGen Therapeutics, Inc. News:
VistaGen Therapeutics Becomes Member of Centre for Commercialization of Regenerative Medicine Consortium
VistaGen Therapeutics Enhances Predictive Liver Toxicology and Drug Metabolism Bioassay System -- LiverSafe 3D™
VistaGen Therapeutics and Duke University Announce Heart Tissue Engineering Progress at American Heart Association 2012 Scientific Sessions
GlobalWise Investments, Inc. (GWIV)
The QualityStocks Daily Newsletter would like to spotlight GlobalWise Investments, Inc. (GWIV). Today, GlobalWise Investments, Inc. closed trading at $0.30, up 20.00%, on 153,370 volume with 23 trades. The stock’s average daily volume over the past 60 days is 5,747, and its 52-week low/high is $0.35/$1.87.
GlobalWise Investments, Inc. (GWIV), via wholly-owned subsidiary Intellinetics, Inc., is a leading-edge technology company focused on Enterprise Content Management (ECM) solutions for the digital age. The ECM industry continues to grow rapidly as a result of unrestricted proliferation of digital content within today's business environment. Leveraging its proprietary cloud-based computing software, GlobalWise is poised to capture a significant market share of this burgeoning industry.
GlobalWise's ECM service is delivered to customers via five unique delivery models which cover the spectrum of business needs: Cloud/Saas (Software as a Service), Hardware Vendor Integrated Service, Software Vendor Integrated Service, Premise (Client-Server), Hybrid (Premise & Cloud/Saas).This diversity gives advanced security & privacy features with an on-demand structure needed for large Tier 3 and Tier 4 businesses that are currently underserved by the market.
The Intellinetics platform defines a new industry benchmark and game-changing approach by combining advanced virtualization & automated content management with an open and service-oriented architecture using web services. The company provides strategies, tactics, and technologies used to manage paper and digital assets from capture to long-term archive, without the need for manual processes conducted by a full time employee.
GlobalWise's management boasts a combined total of over 60 years in ECM leadership and industry experience. The ECM industry is expected to exceed $5.1 billion by 2013 with Gartner predicting a compound annual growth rate of 9.5%. IBM Market Insights predicts adoption of cloud computing to grow by 26% CAGR between 2010 through 2013. Leveraging management and key department heads, Intellinetics has a strong foundation from which to capture significant market share within the lucrative $149 billion Business Software & Services industry. Disclaimer
GlobalWise Investments Company Blog
GlobalWise Investments News:
GlobalWise Reports Third Quarter 2012 Financial Results and Provides Revised Fiscal 2012 Guidance
GlobalWise Teams Up With MWA Intelligence to Participate in Two Imaging Channel Conferences
GlobalWise Announces New Channel Partnership With Level Seven
Today, shortly before the opening bell, VIASAPCE announced that a front-page article with the headline “Energy Crop — Company growing Giant King Grass to produce renewable power on STX (St. Croix)” was published in the St. Croix Avis newspaper four days ago. The article stated, “Tibbar Energy USVI LLC is one step closer to developing a 6 MW power-producing facility on St. Croix after successfully planting its first batch of Giant King Grass along the South Shore to be used as a renewable energy crop to create electricity.”
VIASPACE holds exclusive rights to Giant King Grass and globally markets the crop as a low carbon, renewable replacement for coal to generate electricity and heat and as a nonfood feedstock for second-generation liquid biofuels. The Giant King Grass planting is part of a planned 1,000 acre Giant King Grass plantation. VIASPACE sent Giant King Grass to St. Croix from its California growing site.
“As Tibbar Energy begins growing Giant King Grass, it will also meet with the Public Services Commission in December,” the article said. “Tibbar Energy filed an application with the PSC October 4 for certification as a qualified facility for small power generation”. Tibbar CEO Tania Tomyn and her brother Mark said “getting approval is a routine procedure. We expect to be approved before the end of the year.”
The director of the Virgin Islands Energy Office told the Avis newspaper in October that Tibbar Energy’s project fits into the government’s clean energy roadmap, adding the project would meet part of the territory’s goal to reduce its dependence on fossil fuels by 60% by 2025. According to that director, Tibbar Energy’s 6 MW facility could power 20% of the St. Croix 30 MW baseload.
The article published last week included a picture of Giant King Grass 57 days after planting in St. Croix. Following the rapid growth expected of this crop, plants are now 40 inches tall. To see the grass for yourself, visit the following links:
tibbar energy king grass sign
giant king grass planting st croix.
The 20-year Tibbar project should be fully on-line by the first quarter 2014, generating more than 20 full-time jobs with a total projected economic benefit of $150 million (over the life of the project) to the community through its agricultural and power generation components.
VIASPACE CEO Dr. Carl Kukkonen commented, “Now that Giant King Grass is being targeted for real energy projects, we are achieving the kind of recognition that we believe the company deserves. A power plant (or bio refinery) co-located with a Giant King Grass plantation that provides the fuel or feedstock is a fully scalable unit that can be replicated many times throughout the world. VIASPACE is working on developing projects in more than six different countries.”
For more information, visit www.viaspace.com
VistaGen Therapeutics, a biotechnology company applying stem cell technology for drug rescue, predictive toxicology and drug metabolism screening, today announced its membership in the Toronto-based Centre for Commercialization of Regenerative Medicine’s (CCRM) Industry Consortium.
“VistaGen’s membership reflects our strong association with CCRM and its core programs and objectives, both directly and through our strategic relationships with Dr. Gordon Keller and the University Health Network (UHN). Our long-term sponsored research agreement with Dr. Keller, UHN and UHN’s McEwen Centre for Regenerative Medicine offers both a solid foundation and unique opportunities for expanding the commercial applications of our Human Clinical Trials in a Test Tube™ platform by building multi-party collaborations with CCRM and members of its Industry Consortium,” stated Shawn Singh, VistaGen CEO. “These collaborations have the potential to transform medicine and accelerate significant advances in human health and wellness that stem cell technologies and regenerative medicine promise.”
“Even before VistaGen joined CCRM’s Industry Consortium it was active in the Toronto regenerative medicine community and advising us as we prepared to launch in 2011,” commented Dr. Michael May, CEO of the Centre for Commercialization of Regenerative Medicine. “I’m confident that our relationship will grow stronger with VistaGen as a formal partner and I look forward to us working closely together on projects that will accelerate drug discovery and benefit patients.”
CCRM is funded by the Government of Canada, six Ontario-based institutional partners, and more than 20 companies representing the key sectors of the regenerative medicine industry. CCRM supports the development of foundational technologies that hasten the commercialization of stem cell-based and biomaterials-based products and therapies. Notable members of CCRM’s Industry Consortium include Pfizer, GE Healthcare, and Lonza.
The industry leaders that comprise the CCRM consortium benefit from proprietary access to certain licensing opportunities, academic rates on fee-for-service contracts at CCRM and opportunities to participate in large collaborative projects, among other advantages. VistaGen is especially well positioned through its existing relationships with key members.
Gordon Keller, Ph.D. is Director of the McEwen Centre for Regenerative Medicine at UHN. A CCRM partner, the McEwen Centre is a world-renowned centre for stem cell biology and regenerative medicine and a world-class stem cell research facility. He is also a Professor at the University of Toronto in the Department of Medical Biophysics and Senior Scientist of the Ontario Cancer Institute in Toronto. Dr. Keller’s lab is one of the world leaders in successfully applying principles from the study of developmental biology of many animal systems to the differentiation of pluripotent stem cell systems, resulting in reproducible, high-yield production of human heart, liver, blood and vascular cells. The results and procedures developed in Dr. Keller’s lab are often quoted and used by academic scientists worldwide.
UHN, a major landmark in Canada’s healthcare system, is one of the world’s largest research hospitals, with major research in transplantation, cardiology, neurosciences, oncology, surgical innovation, infectious diseases and genomic medicine. Providing care to the community for more than two centuries, UHN brings together the talent and resources needed to achieve global impact and provide exemplary patient care, research and education.
For additional information, visit www.VistaGen.com
The idea of cloud computing dates back to at least the 1950s when Herb Grosch, an early computer scientist, predicted that computing power would ultimately be centralized in approximately 15 large data centers, with users accessing the information and processing power via individual terminals. It set the stage for what became known as computer timesharing, where “dumb” terminals were simply remote windows to the computer. Early configurations had a mainframe computer that did all the work, accessed by terminals in nearby rooms. The timeshare concept essentially extended this by providing the communication technology that allowed terminals to be housed in remote locations.
The later advent of the minicomputer, from Digital Equipment Corporation, and eventually microcomputer and PC technology, seemed to shelve for good the idea of big centralized data centers serving remote locations, since small desktop systems could house the applications and hold the data. But then, once again, communication technology stepped in with the development of the Web and broadband, this time providing the power to link the small systems to bigger servers where masses of data and then massive processing power could reside. The Web made it clear that centralization and linking still had major advantages, allowing, among many other things, ecommerce and the notion of a worldwide library represented by sites like Wikipedia.
The modern definition of cloud computing is defined generally as the providing of computing resources, including both hardware and software, over the Internet. A more detailed definition, by the U.S. National Institute for Standards in Technology, includes the following characteristics for cloud computing:
• On-demand self-service, meaning you can access remote computer power when you want it, with no human intervention
• Broad network access, meaning you can get to it in many available ways, such as a laptop or mobile device
• Resource pooling, meaning that hardware and software resources are dynamically shared
• Rapid elasticity, meaning computer capabilities can be quickly scaled up or down as needed, invisible to the user
• Measured service, meaning the services provided are monitored, for accurate accounting and providing of services
In the case of GlobalWise Investments, and their subsidiary Intellinetics, cloud processing means that their public and private clients can securely store and access critical documents on a 24/7 basis, from virtually anywhere in the world. The company’s advanced Enterprise Content Management (ECM) software is designed to help organizations of any size better handle the often overwhelming amount of information that is an unavoidable part of today’s world.
For additional information on the company, visitwww.GlobalWiseInvestments.com
Monar International today announced its strategic alliance agreement with EcoloCap Solutions for the distribution of M-Fuel, a suspension fuel that has been proven to reduce costs associated with conventional fuels while improving efficiencies and reducing emissions.
“We are extremely pleased to announce this strategic alliance after an extensive search for the right business venture that would bring additional value to our stakeholders,” Robert Clarke, president and CEO at Monar International stated in the press release. “After completing our due diligence on the M-Fuel technology, we have negotiated this agreement, positioning us at the cutting edge of alternative energy technologies. We believe this is the ideal time to enter this market as the world seeks to reduce dependence on fossil fuels and searches to find ways to reduce fuel costs, consumption and emissions at the same time.”
Clarke said the company will benefit from the guidance of Dr. Tri Vu Truong, board member of EcoloCap and experienced scientist in the energy and ecology field.
Monar International also announced its plans to order a Nano Processing Unit (NPU) to be built in Korea, as well as its plans to set-up a production center in Canada where potential can view the production of M-Fuel from a mix of diesel fuel or other heavy fuel oils, water, and a proprietary additive.
For more information, visit www.monarinc.com
Today's Top 3
Investor News Source
The Stock Psycho
The QualityStocks Public Company Sponsor News
- Get profiles for new featured companies at clients.qualitystocks.net
- Consorteum Holdings, Inc. (CSRH) Files Form 10-K Report With the Securities and Exchange Commission
- Cardium Therapeutics, Inc. (CXM) Announces Patent Award For Rights To Cardiovascular Gene Therapy For The Treatment Of Heart Disease
- DoMark International, Inc. (DOMK) Subsidiary and Infrared/Solar Apple Accessory Leader, SolaWerks™, Launches New Website
- The Guitammer Company Inc. (GTMM) Insiders Acquire An Aggregate Of 156,000 GTMM Shares In Open Market Purchases
- GlobalWise Investments, Inc. (GWIV) Reports Third Quarter 2012 Financial Results and Provides Revised Fiscal 2012 Guidance
- International Stem Cell Corp. (ISCO) Announces Significant Progress Towards Clinical Development
- Loans4Less.com, Inc. (LFLS) Reports Financial Results for the Third Quarter of 2012
- TNI BioTech Inc. (TNIB) Signs Exclusive Distributor Agreement for Federal Republic of Nigeria with G-Ex Technologies/St. Maris Pharma & GB Pharma Holdings LLC
- Viaspace, Inc. (VSPC) Board Chairman and CEO Conduct Interview With The Green Baron Report
- VistaGen Therapeutics, Inc. (VSTA) Enhances Predictive Liver Toxicology and Drug Metabolism Bioassay System -- LiverSafe 3D™