Wednesday, July 06, 2011

Biotech/Pharma Stocks Investor Alert: AEMD, ZLCS, INO, VVUS, CYTR

Point Roberts, WA - July 6, 2011 - Investorideas.com, an investor research portal specializing in sector research including biotech and pharma stocks, issues a trading alert for July 5, 2011. The NASDAQ Biotech Stock Index closed at 1,123.61, up 3.05. The AMEX Biotech Index (^BTK) closed up at 1,478.30, up 1.16 (0.08%).
Biotech/Pharma Sector Snapshot Trading July 5 th
Aethlon Medical (OTCBB: AEMD) traded higher by 0.0022 (2.51%) to $0.090. More than 414K shares traded hands, compared to its average volume of 245K shares.
Zalicus, Inc. (NASDAQ:ZLCS) was one of the biggest gainer among the biotech companies and soared 12.88% after analyst at Oppenheimer & Co. analyst initiated a coverage on the stock with an "Outperform" rating.
Inovio Pharmaceuticals, Inc. (AMEX:INO) shares also climbed 8.20% after the company said that its SynCon DNA vaccine against HIV, which was published in two different scientific journals, showed that the vaccine protected against the disease in non-human primates.
VIVUS, Inc. (NASDAQ:VVUS) climbed 4.33% to $8.43 on high volume. On July 03, the company said a New Drug Application (NDA) has been submitted to the U.S. Food and Drug Administration (FDA) seeking approval of avanafil, its investigational drug for the treatment of erectile dysfunction (ED).
CytRx Corporation (NASDAQ:CYTR) added 4.41% to $0.71 following the company said that the U.S. Food and Drug Administration (FDA) has granted INNO-206 orphan drug designation for the treatment of patients with soft tissue sarcomas.
Biotech Medical Company Snapshot for Aethlon Medical (OTCBB: AEMD)
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At Aethlon Medical, we create revolutionary devices to address infectious disease and cancer. Our devices are designed to be novel platform solutions that fill therapeutic voids or aid in disease diagnosis and monitoring.
Our Hemopurifier® is the first medical device to selectively target the removal of infectious viruses and immunosuppressive proteins from the entire circulatory system. We recently discovered that our Hemopurifier® captures tumor-secreted exosomes that suppress the immune system of those afflicted with cancer. Prior to this discovery, a therapeutic strategy to directly inhibit or reverse the immunosuppressive destruction caused by exosomes did not exist in cancer care. By eliminating this mechanism, we believe our Hemopurifier® can fill an unmet clinical need and provide the benefit of an immune-based therapy without adding drug toxicity or interaction risks to established and emerging treatment strategies.
Human studies have documented the ability of our Hemopurifier® to safely reduce viral load in both Hepatitis-C virus (HCV) and Human Immunodeficiency Virus (HIV) infected patients without the administration of antiviral drugs. However, our initial clinical and commercialization focus is to establish our Hemopurifier® as an adjunct therapy to enhance the benefit of both infectious disease and cancer treatment regimens. In this regard, we plan to commercialize our Hemopurifier® in India as we advance our clinical strategies in the United States and the European Union. In vitro studies conducted by government and non-government research institutes have also verified that our Hemopurifier® has broad-spectrum capabilities against bioterror and emerging pandemic threats. These studies have confirmed the capture of Dengue Hemorrhagic Virus, Ebola Hemorrhagic Virus, Lassa Hemorrhagic Virus, West Nile Virus, H5N1 Avian Influenza Virus, 2009 H1N1 Influenza Virus, the reconstructed Spanish Flu of 1918 Virus, and Monkeypox Virus, which serves as a model for human Smallpox infection.
As a therapeutic device, the Hemopurifier® provides us with a pipeline into four significant market opportunities:
  1. Cancer: A treatment candidate to improve patient responsiveness to established cancer therapies by removing immunosuppressive exosomes from circulation.
  2. Hepatitis-C Virus (HCV): As an adjunct therapy to accelerate viral load reduction at the outset of standard of care drug regimens.
  3. Human Immunodeficiency Virus (HIV): Provides a potential therapeutic option for HIV-infected individuals to manage disease progression once they become resistant to antiviral drug regimens.
  4. Bioterror and Pandemic Threats: Represents the most advanced broad-spectrum strategy to address untreatable bioterror and emerging pandemic threats.
The Hemopurifier® is an expansive multi-patented platform technology whose mechanism of action can be leveraged to provide therapeutic, diagnostic, and biomarker discovery solutions. As a therapeutic, the Hemopurifier® is a single-use disposable cartridge designed for implementation within the established infrastructure of dialysis machines and other blood circulatory pumps already located in hospitals and clinics worldwide.
In design, our Hemopurifier® is a selective filtration device containing affinity agents that tightly bind to high-mannose structures unique to the surface of exosomes produced by cancer and glycoproteins residing on the envelope of viruses. These agents are immobilized around approximately 2800 porous hollow fibers that run the interior length of our device. The resulting design provides us the novel ability to separate both exosome and viral targets away from blood cells so they can then be selectively and permanently removed from the circulatory system. In application, blood circulation is established into the Hemopurifier® via a catheter or other blood access device. Once blood flow has been established, treatment benefit is immediate as the entire circulatory system can pass through the Hemopurifier® in as little as 15 minutes.
Our wholly owned subsidiary, Exosome Sciences, Inc. (ESI) is focused on the development of exosome-targeted products and services that improve cancer diagnosis, provide post-treatment cancer surveillance, and aid in the discovery of biomarkers that allow doctors to optimize patient therapy. Additional information regarding Aethlon Medical and Exosome Sciences can be accessed online at www.aethlonmedical.com.
Certain of the statements herein may be forward-looking and involve risks and uncertainties. Such forward-looking statements involve assumptions, known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Aethlon Medical, Inc. to be materially different from any future results, performance, or achievements expressed or implied by the forward-looking statements. Such potential risks and uncertainties include, without limitation, the company's ability to commercialize its Hemopurifier® in India, capability of the Hemopurifier® to reduce viral loads and other disease conditions or to identify or treat disease conditions such as cancer or Hepatitis-C, including the ability to capture exosomes and the impact that potential ability may have on disease conditions, the Company's ability to raise capital when needed, the Company's ability to complete the development of its planned products, the ability of the Company to obtain FDA and other regulatory approvals permitting the sale of its products, the Company's ability to manufacture its products either internally or through outside companies and provide its services, the impact of government regulations, patent protection on the Company's proprietary technology, product liability exposure, uncertainty of market acceptance, competition, technological change, and other risk factors. In such instances, actual results could differ materially as a result of a variety of factors, including the risks associated with the effect of changing economic conditions and other risk factors detailed in the Company's Securities and Exchange Commission filings .
Contacts:
James A. Joyce
Chairman, CEO
858.459.7800 x301
jj@aethlonmedical.com
About InvestorIdeas.com:
InvestorIdeas.com is a leading global investor and industry research resource portal specialized in sector investing, including biotech stocks
Disclaimer/ Disclosure : The Investorideas.com is a third party publisher of news and research Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. This site is currently compensated by featured companies, news submissions and online advertising. AETHLON MEDICAL INC (OTC BB: AEMD) Showcase biotech, biodefense and defense stock on Investorideas.com ($one thousand five hundred per month, $five thousand per month in 144 stock) Effective March 15, 2011      
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AETHLON MEDICAL INC (OTC BB: AEMD) is a Showcase biotech, biodefense and defense stock on Investorideas.com
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Iron Ore Stock TurkPower (OTCBB: TRKP) Closes up 26.33%

Point Roberts WA - July 6, 2011 (Investorideas.com Mining Newswire) - www.Investorideas.com, a leader in sector research for investors including mining and resource stocks, issues a technical trading alert for iron ore stock, TurkPower Corporation (OTCBB:TRKP). The stock closed trading July 5 th at $0.3790, up 0.0790 (26.33%) on volume of 463, 512 shares.
The company moved up after reporting the purchase of 50.09% working interest in Maksor Madencilik Sanayi Ve Ticaret Anonim Sirketi (hereafter "Maksor"), the 100% private owner of the Kuluncak iron ore project in Turkey.
Investorideas.com Newswire News: TurkPower Corporation (OTC.BB: TRKP) to Acquire Majority Interest in Operational Iron Ore Mine in Turkey
http://www.investorideas.com/CO/TRKP/news/2011/07051.asp
TurkPower Corporation (OTCBB:TRKP) is a Turkish-American junior mining company that is acquiring controlling ownership in an operational iron ore mine and several mining projects under development in Turkey. TurkPower's sole focus is on the booming Turkish mining industry, where it aims to become a leader in developing, operating and owning base metal mines by acquiring and consolidating operational mines with proven reserves, utilizing economies of scale to increase returns as well as developing new mining assets. TurkPower's board of directors, management team and employees have extensive experience and relations in the Turkish mining industry, as well as ongoing relations with the relevant government agencies, allowing TurkPower to participate in the major opportunities currently developing in Turkey.
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Disclaimer/ Disclosure: The following news is paid for and /or published as information only for our readers. TRKP is a paid advertising client ( three thousand five hundred per month, 150,000 144 shares) Investorideas.com is a third party publisher of news and research .Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of principal .This site is currently compensated by featured companies, news submissions and online advertising.
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TurkPower Corporation (OTC.BB: TRKP) is a showcase mining stock on Investorideas.com
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Tuesday, July 05, 2011

What Investors Need to Know about Oklahoma Oil and Gas; Osage (OTCBB: OEDV)

Point Roberts, WA - July 5, 2011 (Investorideas.com Energy Newswire) - www.InvestorIdeas.com, a leader in sector research including oil and gas stocks, issues an investor profile for Oklahoma energy stock, Osage Exploration and Development, Inc. (OTCBB: OEDV).
News - Investor Hi-lights
Osage (OTCBB: OEDV) Joint Ventures Its 10,000 Acre Horizontal Mississippian Nemaha Ridge Project
Full News: http://www.investorideas.com/CO/OEDV/news/2011/05261.asp
Land Acquisition in Nemaha Ridge Mississippian Project Now in Excess of 11,000 Net Mineral Acres Reports Osage (OTCBB: OEDV) and Partners, Slawson and USEDC
Full News: http://www.investorideas.com/CO/OEDV/news/2011/06202.asp
Oil and Gas Stock News; Osage Exploration and Development, Inc. (OTCBB: OEDV) Information To Be Available Through Standard & Poor's Corporation Records Listing Program
Full News: http://www.investorideas.com/CO/OEDV/news/2011/06291.asp
Oklahoma Properties:
Osage Exploration's primary target in Oklahoma is the serendipitously named Osage section of the Mississippian aged carbonate formation that lies between the Pennsylvanian and Devonian aged rocks. The Mississippian is a fractured carbonate that has been historically drilled vertically in many areas of Oklahoma, most notably in the Sooner Trend.
With the highly developed techniques of horizontal drilling with multi-staged massive frac technology, the Mississippian appears to be a prolific producer in many parts of Oklahoma. Osage is focused on an area on the east side of the Nemaha Ridge where there is a significant amount of natural regional fracturing that we believe will enhance recoveries of oil.
The west side of the Nemaha Ridge has been extensively drilled for the Mississippian, as this was the fairway of the Sooner Trend. We believe for this reason that the western flank of the Ridge has been somewhat pressure depleted.
Because the Mississippian section is not as thick on the eastern side of the Nemaha, the drilling tended to be primarily on shallower or deeper horizons. We have targeted the eastern side of the Nemaha Ridge because the rock quality is excellent, and the Mississippian has not been pressure depleted because of far less historical drilling.
The support for our thesis comes from the well logs that we have evaluated to localize our land acquisition efforts. We have evaluated hundreds of Mississippi penetrations in and around our area, as well as compared those logs to the logs in the other parts of Oklahoma where the horizontal Miss is being successfully drilled now.
Given all the above, we believe that the focus going forward will be economics. Those familiar with the Bakken, Marcellus, Haynesville, or Eagle Ford know that land prices can be as high as $5000 to $9000 per acre with drilling costs of $5 million to $10 million per well. Our acquisition price is a fractionof these numbers and we believe that well costs could be below $3 million.
According to a recent inteview with Kim Bradford, President and CEO of Osage Exploration and Development, Inc., “First of all, I should point out that from an investor's point of view, it is important not to overlook Osage's Colombian assets. Even mid last year, when our market capitalization was under $1,000,000, we enjoyed between $150,000 and $200,000 a month in revenue from our Colombian operations. That is a case where the investors overlooked our assets and cash flows and as a consequence the stock was severely undervalued for a long period of time. Investors must not be fooled by what the markets tell them, because markets range from severely undervaluing assets to severely overvaluing assets and everything in between. Research and analysis has always been the key for investment performance.
Our Colombian assets give us a head and shoulders advantage over our micro-cap oil and gas peers, called positive cash flow. That in turn gives us the ability to prospect for new discoveries without having to worry about where our next dollar is coming from, which leads me to the next topic. While we could not be more excited about our Horizontal Mississippian acreage, we are already well advanced in evaluating our next potential project. The next project that we take on will certainly be in the US, hopefully with similar economics to our current project. At some point in the near future however, we plan another exploration play in Colombia because we have the infrastructure already in place. We have a Colombian subsidiary, which is required by Colombian law; we also have probably the best oil and gas accounting firm and one of the very best legal firms in all of Colombia. We have extensive knowledge about how the Colombian oil and gas regulatory agencies work; we have partners and former partners that are deeply involved in Colombia so that we have access to projects with which we already have familiarity.”
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About Osage Exploration and Development, Inc. ( OTCBB: OEDV)
Based in San Diego, California with production offices in Oklahoma City, Oklahoma, and executive offices in Bogotá, Colombia, Osage Exploration and Development, Inc. is an independent exploration and production company with interests in oil and gas wells and prospects in the US and Colombia. www.osageexploration.com
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Wind Stock; Clean Wind Energy Tower, Inc. (OTCBB: CWET) Information Now Listed in Standard and Poor's Corporation Listing Program

ANNAPOLIS, MD – July 5, 2011 (InvestorIdeas.com Newswire) – Clean Wind Energy Tower, Inc. (OTCBB: CWET) (the "Company") announced today that its company information would be made available via Standard & Poor's Corporation Records Listing Program. As part of the program, a full description of Clean Wind Energy Tower, Inc. will be published in the Daily News Section of Standard Corporation Records, a recognized securities manual for secondary trading in up to 38 States under the Blue Sky Laws. Standard Corporation Records is available in print, CD-ROM, and via the Web at www.netadvantage.standardandpoors.com as well as through numerous electronic vendors.
The company information about Clean Wind Energy Tower, Inc. to be made available through this program includes an in-depth description of the Clean Wind Energy Tower, Inc's business operations, share price, dividend history, shares outstanding, company financial position, earnings, and full income statement and balance sheet.
Ronald W. Pickett, Chairman and CEO, stated, "We are pleased to be listed with Standard & Poor's Corporation Records Coverage, which provides positioning in their S&P publication/information service along with all the major U.S. and internationally traded companies also covered and guarantees that investors will be able to get information on Clean Wind Energy from Standard & Poor's in their print/electronic publication."
About Clean Wind Energy, Inc. (OTCBB: CWET)
Clean Wind Energy, Inc., a wholly owned subsidiary of Clean Wind Energy Tower, Inc, is designing and preparing to develop, and construct large "Downdraft Towers" that use benevolent, non-toxic natural elements to generate electricity and clean water economically by integrating and synthesizing numerous proven as well as emerging technologies. In addition to constructing Downdraft Towers in the United States and abroad, the Company intends to establish partnerships at home and abroad to propagate these systems and meet increasing global demand for clean water and electricity. Clean Wind has assembled a team of experienced business professionals, engineers and scientists with access to the breakthrough energy research upon which this technology is founded and the proven ability to bring the idea to market. Clean Wind has filed several patents that the Company believes will further enhance this potentially revolutionary technology.
Clean Wind Energy, Inc. Contact:
1997 Annapolis Exchange Parkway Suite 300
Annapolis, Maryland 21401
Phone: 410-972-4713
E-mail: Info@cwetower.com
www.cleanwindenergytower.com
Investor Relations Contact:
Jody Janson
Phone: (855) 848-6937
Email: ir@cwetower.com
Public Relations Contact:
Michael J. Porter, President,
Porter, LeVay & Rose, Inc.
mike@plrinvest.com,
(212) 564-4700
Standard & Poor's Customer Contact:
Richard Albanese
212 438-3647
richard_albanese@sandp.com
Media Relations Contact:
Michael Privitera
212 438-6679
michael_privitera@sandp.com
Cautionary Note Regarding Forward-Looking Statements
Statements included in this release may constitute "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Litigation Reform Act of 1995. Such statements involve a number of risks and uncertainties such as competitive factors, technological development, market demand and the Company's ability to obtain new contracts and accurately estimate net revenues due to variability in size, scope and duration of projects, and internal issues in the sponsoring client. Further information on potential factors that could affect the Company's financial results, can be found in the Company's various filings with the Securities and Exchange Commission (SEC).
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Iron Ore Stocks Trading Alert; TurkPower Corporation (OTCBB:TRKP) Trades up
13.33 % on News

Point Roberts WA- July 5, 2011 (Investorideas.com Mining Newswire) – www.Investorideas.com, a leader in sector research for investors including mining and resource  stocks, issues a trading alert  for iron ore stock, TurkPower Corporation (OTCBB:TRKP). The company announced news today that it  has completed the purchase of 50.09% working interest in Maksor Madencilik Sanayi Ve Ticaret Anonim Sirketi (hereafter "Maksor"), the 100% private owner of the Kuluncak iron ore project in Turkey.   




Read today’s news : TurkPower Corporation (OTC.BB: TRKP) to Acquire Majority Interest in Operational Iron Ore Mine in Turkey
http://www.investorideas.com/CO/TRKP/news/2011/07051.asp

TurkPower Corporation (OTCBB:TRKP) is a Turkish-American junior mining company that is acquiring controlling ownership in an operational iron ore mine and several mining projects under development in Turkey. TurkPower's sole focus is on the booming Turkish mining industry, where it aims to become a leader in developing, operating and owning base metal mines by acquiring and consolidating operational mines with proven reserves, utilizing economies of scale to increase returns as well as developing new mining assets. TurkPower's board of directors, management team and employees have extensive experience and relations in the Turkish mining industry, as well as ongoing relations with the relevant government agencies, allowing TurkPower to participate in the major opportunities currently developing in Turkey.

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Disclaimer/ Disclosure: The following news is paid for and /or published as information only for our readers. TRKP is a paid advertising client ( three thousand five hundred per month,  150,000 144 shares)   Investorideas.com is a third party publisher of news and research .Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities.  All investment involves risk and possible loss of principal .This site is currently compensated by featured companies, news submissions and online advertising.

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Mining Stocks; TurkPower Corporation (OTC.BB: TRKP) to Acquire Majority Interest in Operational Iron Ore Mine in Turkey

NEW YORK, NY - July 5, 2011 (Investorideas.com Mining stocks Newswire) - TurkPower Corporation (OTC.BB:TRKP) (the "Company") is pleased to announce the purchase of 50.09% working interest in Maksor Madencilik Sanayi Ve Ticaret Anonim Sirketi (hereafter "Maksor"), the 100% private owner of the Kuluncak iron ore project in Turkey. The purchase agreement calls for the Company to complete acquisition of 50.09%-interest by December 28, 2011 for a total purchase price of EUR 15,000,000.00 and 73,000,000 shares of the Company. The purchase price and issuance of Company shares are scheduled with a total of 6 payments, including a down payment of EUR 1,000,000.00 which was made in 2010, with final payment and share issuance due December 28, 2011. The down payment and second payment, which was made upon signing of the purchase agreement on June 30th, 2011, secures the Company an irrevocable initial minority stake in Maksor.
Management is looking forward to reporting shortly with more details about the operation of the mine, the characteristics of the iron ore reserves and inferred resources, which include a substantial zinc resource, as well as other mining licenses that Maksor holds in Turkey.
TurkPower's Chairman Ryan E. Hart stated: "This is a great day and milestone for TurkPower and its investors. With the purchase of controlling interest in the operational Kuluncak iron ore mine, TurkPower is taking its first step toward its goal of becoming a leading junior mining company in Turkey. The purchase adds a tangible and operational asset to the Company's balance sheet and leads to expected profitability in 2011. It also gives the Company leverage and credibility for future mining ventures and acquisitions in the booming mining industry of Turkey."
About the Kuluncak Property
The Kuluncak iron ore mine is an open-pit mine which will be operated from May to November and which is expected to produce 550,000 metric tons of iron ore per season no later than 2014. According to a two-year feasibility study conducted in 2008 and 2009, the mine has estimated reserves of 20,900,000 metric tons for a net value of approximately $3bn based on current market prices for 58% - 62%-grade iron ore. The feasibility study was performed by one of the world's leading mining companies, which concluded: "The project offers great value for money if a small mine is what one is looking for." The mine was put into operation in June 2011, and has more than 140,000 metric tons of iron ore in inventory, which will be sold entirely no later than Q3 2011.
The Kuluncak mine produced more than 280,000 tons of iron ore in the late 1990s and all necessary infrastructure is already in place, including good quality roads to the railroad line with direct access to deep-sea ports and local steel smelters. The mine is located in the mining area of Malatya, Turkey, approximately 500km east of Turkey's capital Ankara.
About TurkPower Corporation
TurkPower Corporation (OTC.BB:TRKP) is a Turkish-American consulting and service operations firm with a strong focus on the booming Turkish energy and mining industries. TurkPower offers its domestic and international clients consulting services and acts as a full service operator for wind, hydro, solar and coal power plants in Turkey. In addition to its energy business, TurkPower aims at becoming a substantial player in the Turkish mining industry by acquiring and consolidating operational mines with proven reserves, utilizing economies of scale to increase returns.
About Turkey
  • 73m inhabitants
  • 17th-largest economy in the world
  • 2nd-fastest growing economy in the world
  • Member of NATO, OECD, OSCE and G-20
  • Classified as a democratic, secular and developed nation by the CIA
Turkey is an important player in the international minerals market due to its wealth of reserves, considerable production capacity and geographical advantages for transportation and shipping. Ranked 28th in global mining production, Turkey also ranks 10th in terms of variety and quantity of undeveloped minerals.
Turkey is the 2nd-fastest growing economy in the world, the 4th-largest shipbuilder, the 10th-largest steel-producing nation, a leading electronics manufacturer for Eastern Europe and the Middle East, and has recently surpassed Italy in terms of automobile production.
Safe Harbor Statement
The statements by our officers, and other statements regarding optimism related to the business, consulting, service operations, expanding exploration and development activities and other statements in this press release are forward-looking statements within the meaning of the Securities Litigation Reform Act of 1995. Such statements are based on current expectations, estimates and projections about the Company's business and subject to successful financing. Words such as expects, anticipates, intends, plans, believes, sees, estimates and variations of such words and similar expressions are intended to identify such forward-looking statements. These statements are not guarantees of future performance and involve certain risks and uncertainties that are difficult to predict. Actual results could vary materially from the description contained herein due to many risk factors that affect the industry the Company operates in and other risk factors listed from time to time in the Company's Securities and Exchange Commission (SEC) filings under "risk factors" and elsewhere.
Contact:
TurkPower Corporation
100 Park Avenue
New York, New York 10017
T 212-984-0628
F 212-880-6499
TurkPower Corporation (OTC.BB: TRKP) is a showcase mining stock on Investorideas.com
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Disclosure: Investorideas.com is compensated by TurkPower Corporation: (OTC.BB:TRKP) May 18 2011 (6 months- 3500 per month 150,000 144 shares)
Frankfurt Exchange Cleantech Investor Trading Alert for July 4th; (PS4.F), (GZA.F), (CYW.F)

Point Roberts, WA - July 05, 2011 - Investorideas.com, a leader in cleantech investor research issues an investor trading alert for cleantech stocks trading on the Frankfurt Stock Exchange, for July 4th.
Today, Q-Cells SE, one of the world's leading photovoltaic companies, has started a unique solar road show with a Q-Cells branded truck that will serve as a mobile show room for partners and customers. The truck will stop in different locations in Italy, Switzerland, Austria, Germany, Belgium and France between July and October 2011. With this road show, Q-Cells aims to strengthen its network of partners throughout Europe and promote the next generation of Q-Cells solar modules as well as the issue of solar energy in general. The Q-Cells truck starts its tour today, 4 July 2011, in the Italian town of Gonzaga (Mantova) and will tour Italy, one of Q-Cells' key strategic markets, until 8 July, before continuing its journey in Germany.
Phoenix Solar AG (PS4.F) closed with a gain of 0.05 (0.27%) to $16.81. Just a week ago, the company said that it reached an agreement to build a 2.6 MW solar power plant near Nettuno in the Lazio region of Italy. Etrion will own the power plant, and Phoenix Solar will design, construct and provide operations and maintenance services for the park. Construction is expected to be completed by August 31, 2011.
ALGAE.TEC (GZA.F) ended the day at $0.30.The company said last week that it proposed demonstration scale algae facility will be located at Manildra Group's 100 MMgy ethanol plant in Nowra, Australia.
CITY WINDMILLS (CYW.F ) closed at $1.05, loosing some of the gains from Friday's trading. According to the company, “City Windmills seeks to radically transform the dominant paradigm of energy production and consumption around the globe. .The company integrates the two notions of powerful energy production from wind and proximity to the end user. Blending the concepts of aerodynamics, architecture and safety for the owner, City Windmills © are wind electric turbines designed to be attached to buildings or integrated into the very form of the buildings. With City Windmills ©, buildings and other structures will not only consume electricity, but produce it on-site.” http://www.citywindmills.com/en/
Clean-technology companies, industrial users and research institutions in Germany and Switzerland have together founded Hydrothermale Carbonisierung e.V. Using HTC, biomass is converted into environmentally friendly biocoal. In this way, the HTC process is making an important contribution to climate protection and the efficient use of various forms of biogenic waste, such as landscape waste, communal biowaste, forestry and agricultural waste, as well as sewage sludge and industrial waste such as spent grains.
Frankfurt Cleantech Stocks Sector Trading Snapshot
  • KSB AG (ETR:KSB) surged 0.60 (0.11%) to $542.60.
  • CITY WINDMILLS (CYW.F ) closed at $1.05
  • Q-CELLS(XETRA: QCE.DE Ticker: 555866 / ISIN: DE0005558662) closed at $1,632 0,247 (17,83%)
This article is part of a series of Investorideas.com articles examining the cleantech sector on the Frankfurt Stock Exchange.
Showcase Cleantech Frankfurt Wind Stock City Windmills:
City Windmills © was founded in early 2010 and has carried along its idea of building an efficient, enduring and cheap windmill, adapted for home use, for industrial level use and for larger sized wind farms. With City Windmills © and the low cost of production per kWh, any home can afford electricity at grid parity costs.
Several steps of developments allowed the City Windmill © system to evolve from producing energy at 0, 12 € (0, 14 US$) per kWh, then at 0, 09 € (0, 11 US$) per kWh and finally at 0,065 € (0, 08 US$) per kWh. This production cost, while amortizing the price of a City Windmill © over a period of 20 years (as for other power producing plants), is competitive with every other energy source. And this is achieved without any subsidies. In an unsubsidized environment, the payback can be as short as 4.5 years.
The company is targeting the $20 Billion outdoor advertising industry with a new concept in green outdoor advertising, combining clean energy technology and advertising.
City Windmills, Ltd. (CYW.F) is a company in the development phase, with the design, development and marketing of revolutionary small wind turbine systems clean flachblättrigen deals. The business model of Wind Mills City focuses on revenue generation from the production of clean energy from small wind turbines, along with advertising revenue. More info http://www.citywindmills.com/en/
Visit the profile for City Windmills, Ltd. (CYW.F)
http://www.investorideas.com/CO/CYW
View the company's presentation:
http://www.investorideas.com/CO/CYW/City-Windmills-Presentation-051811.pdf
CONTACT:
Sean Kelly, Chief Financial Officer
City Wind Mills, Ltd.
+41 22 310 8603
sean.kelly@citywindmills.com
Research other wind stocks with the renewable energy stocks directory
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Source: www.Investorideas.com, City Windmills

Monday, July 04, 2011

NASDAQ Top Percentage Gainers: NEWL, QTWW, CAMP, IDCC

POINT ROBERTS - July 04, 2011 - www.InvestorIdeas.com, a global investor research portal for independent investors, reports on top percentage gainers on the NASDAQ (www.NASDAQ.com) for trading July 1, 2011. Leading the pack, Quantum Fuel Systems Technologies jumped 39.19% on volume of 50,667 shares.
U.S. Stocks continued to gain on Friday on strong economic data and close higher for the fifth consecutive sessions with The Nasdaq Composite Index gaining +42.51(1.53%) to 2,816.03 led by energy and technology stocks. It is the strongest weekly gains in the past two years with Nasdaq gaining over 6% during the week.
Trading close on top 4
Quantum Fuel Systems Technologies (NASDAQ:QTWW) was the biggest gainer with the stock gaining 39.19% to $4.83. This morning, the company said that it has a net loss of 2 cents a share on revenue of $8.2 million, topping analyst estimates of $5.6 million.
NewLead Holdings Ltd (NASDAQ:NEWL) was another notable gaineron Nasdaq and soared 38% to $2.65 on official news. The stock has been consolidating around $1.90-$2.20 over the past couple of months and went near to its 52-week low of $1.69 on Jun 16, 2011.
CalAmp Corp. (NASDAQ:CAMP) also rose 21.45% to $3.68 and made a new 52-week high of $3.79 earlier in the session. Late Thursday, the company said that it earned 2 cents a share on revenue of $34.6 million in its first quarter, topping analysts’ estimates of a penny on revenue of $34.3 million.
InterDigital, Inc. (NASDAQ:IDCC) surged 15.02% to $46.87 after the sale of competitor Nortel’s intellectual property assets to Microsoft (NASDAQ: MSFT) and Apple (NASDAQ: AAPL).
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Social Networking Investor Alert; Zynga Files IPO

POINT ROBERTS, Wash. - July 4, 2011 - www.InvestorIdeas.com, a global investor research portal, specializing in sector research including tech stocks issues an investor alert for social networking gaming company, Zynga www.zynga.com. The company announced its IPO filing July 1, 2011.
Zynga Files Registration Statement for Proposed Initial Public Offering
July 01, 2011
SAN FRANCISCO---Zynga Inc. announced today that it has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (SEC) relating to a proposed initial public offering of its Class A common stock. The number of shares to be offered and the price range for the offering have not yet been determined. A portion of the shares will be issued and sold by Zynga, and a portion will be sold by certain stockholders of Zynga.
Morgan Stanley & Co. LLC and Goldman, Sachs & Co. will be joint bookrunning managers and representatives of the underwriters for the offering. BofA Merrill Lynch, Barclays Capital Inc. and J.P. Morgan Securities LLC will also be joint bookrunning managers, and Allen & Company LLC will be a senior co-manager for the offering. This offering will be made only by means of a prospectus. A copy of the preliminary prospectus, when available, may be obtained from the offices of Morgan Stanley & Co. LLC, Attention: Prospectus Department, 180 Varick Street, 2nd Floor, New York, New York 10014, or by email at prospectus@morganstanley.com, or Goldman, Sachs & Co., Attention: Prospectus Department, 200 West Street, New York, New York 10282, or by e-mail at prospectus-ny@ny.email.gs.com.
A registration statement relating to these securities has been filed with the SEC but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective.
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Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising. www.InvestorIdeas.com/About/Disclaimer.asp
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Renewable Energy Solar Stocks Trading Alert; (NASDAQ:FSLR), (NYSE:TSL), (OTC:PPRW)

Point Roberts WA - July 4, 2011 (Investorideas.com renewable energy/green newswire) Investorideas.com, a leader in cleantech investor research, reports on trading for renewable energy stocks for 30th June.
First Solar, Inc. (NASDAQ:FSLR) shares climbed 2.20% following this morning the company said that the Department of Energy has agreed to provide conditional federal loan guarantees of $4.50 billion to be used in three of its solar generation projects situated in California.
After the completion of these projects, the power plants are expected to generate clean, renewable power for 274,000 homes and create 1,400 local construction jobs and hundreds of factory jobs.
Trina Solar Limited (ADR) (NYSE:TSL) also surged 3.56% to $22.42. This morning, the company said that its subsidiary, Trina Solar (Spain) S.L.U., it has signed a sales agreement with Gestamp Asetym Solar, S.L. ("Gestamp Solar"), a well-established Spanish-based developer of large-scale solar energy projects, to power Renault's manufacturing plants in France.
Premier Power Renewable Energy, Inc. (OTC:PPRW) ended on a flat note. On June 14, 2011, the company said that Genalta Power Inc made a $2.35 million strategic investment in Premier Power in exchange for 2,350,000 shares of preferred stock, priced at $1.00 per share, which are convertible to common shares at a conversion price of $1.00 per share.
Renewable Energy Stocks Sector Snapshot
  • ReneSola Ltd. (ADR) (NYSE:SOL) jumped 0.18 (3.57%) to close at $5.22.
  • SunPower Corporation (NASDAQ:SPWRA) rose 1.01 (5.51%) to $19.33.
  • LDK Solar Co., Ltd (ADR) (NYSE:LDK) surged 0.22 (3.09%) to $7.34.
  • JA Solar Holdings Co., Ltd. (ADR) (NASDAQ:JASO) added 0.09 (1.65%) to $5.55.
  • Premier Power Renewable Energy, Inc. (OTC:PPRW) closed at $0.69
More Research: get a full list of global publicly traded green stocks
http://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp
Solar Stock Investor Snapshot;
Premier Power Renewable Energy, Inc. (OTC:PPRW)
Premier Power Renewable Energy, Inc. is a leading global provider of large and medium-scale solar power systems, delivering unmatched experience to commercial, governmental and utility customers globally. Premier Power designs, engineers and integrates the solar industry's leading products. Premier Power's technologies and services have enabled its customers to maximize clean energy output along with project savings. Today, Premier Power designs and deploys the most innovative solar electric systems through market-leading innovation and exceptional customer service. Premier Power is headquartered in El Dorado Hills, CA and has common stock quoted on the OTC Bulletin Board under the symbol PPRW.OB. Additional information is available at the Company's website at www.premierpower.com
About Investorideas.com - a leader in cleantech investor research
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Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. IInvestorideas.com was compensated by PPRW third party IR firm , three thousand for one month.
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Red Fork Energy Limited (ASX: RFE) News; Five Well Horizontal Mississippian Drilling Program Commences

  • Seismic interpretation complete and locations selected for first horizontal wells
  • Construction of locations and supporting infrastructure underway
  • Drilling contractor secured and preparations to move a rig on location have commenced
  • Continuous operations (drilling, completion and testing) to be maintained through to the end of calendar 2011
July 4, 2011 (Investorideas.com Newswire) Oklahoma based (Australian Securities Exchange listed) oil and gas exploration and production company Red Fork Energy Limited ("Red Fork" or the "Company") is pleased to announce the commencement of operations on its initial drilling program in the exciting horizontal Mississippian oil and liquids rich gas play in Oklahoma.
Final interpretation of seismic data covering the Company’s Pawnee County initial development area has now been completed and locations for the first two horizontal wells in this area have been selected.
The Company is now building locations and finalizing the design of key supporting completion, production and sales infrastructure. One of Red Fork’s preferred drilling contractors has been secured to complete the Company’s 2011 (five horizontal well) drilling program and preparations are underway to move a rig on location in Pawnee County to drill the first two wells in this development area. Importantly, this contractor has also committed to service the Company’s 2012 drilling program when this is finalized.
Red Fork holds a majority interest in these first two wells and will be the operator.
As previously announced, the Company has also secured scheduled slots with its preferred service company for completion operations on the first five horizontal wells and Red Fork intends to maintain continuous operations (drilling, completion and testing) through to the end of this calendar year.
Further updates will be provided at key stages of operations in the coming weeks.
Commenting on this announcement, Red Fork Managing Director, David Prentice, said, "We are very pleased to have commenced this initial five well drilling program in the Pawnee County area of our very strong acreage position in what is considered to be one of the premier oil and liquids rich gas plays on-shore in the United States.
We have already achieved and exceeded our initial acreage target (and leasing is ongoing) and we are now set to drill and test five horizontal wells in this play by the end of this year.
This is an exciting time for Red Fork and we look forward to providing regular updates to the market as we continue operations through the second half of the year".
Yours faithfully
David Prentice
Managing Director
Forward Looking Statements
This announcement contains "forward-looking statements". Such forward-looking statements include, without limitation: estimates of future earnings, the sensitivity of earnings to oil & gas prices and foreign exchange rate movements; estimates of future oil & gas production and sales; estimates of future cash flows, the sensitivity of cash flows to oil & gas prices and foreign exchange rate movements; statements regarding future debt repayments; estimates of future capital expenditures; estimates of reserves and statements regarding future exploration results and the replacement of reserves; and where the Company expresses or implies an expectation or belief as to future events or results, such expectation or belief is expressed in good faith and believed to have a reasonable basis. However, forward looking statements are subject to risks, uncertainties and other factors, which could cause actual results to differ materially from future results expressed, projected or implied by such forward-looking statements. Such risks include, but are not limited to oil and gas price volatility, currency fluctuations, increased production costs and variances in reserves or recovery rates from those assumed in the company’s plans, as well as political and operational risks in the countries and states in which we operate or sell product to, and governmental regulation and judicial outcomes. For a more detailed discussion of such risks and other factors, see the Company’s Annual Reports, as well as the Company’s other filings. The Company does not undertake any obligation to release publicly any revisions to any "forward looking statement" to reflect events or circumstances after the date of this release, or to reflect the occurrence of unanticipated events, except as may be required under applicable securities laws.
Red Fork Energy Limited (ASX: RFE) is a showcase energy stock on Investorideas.com
Visit the Red Fork Energy Limited (ASX: RFE) profile page
Disclosure/Disclaimer: Red Fork Energy Limited (ASX: RFE) June 8 2011 - one month on Investorideas.com and energy blogs June 8 2011 (on thousand)

Friday, July 01, 2011

Renewable Energy Solar Stocks Trading Alert; (NASDAQ:FSLR), (NYSE:TSL), (OTC:PPRW)

Solar Stock Investor Snapshot ; Premier Power Renewable Energy, Inc. (OTC:PPRW)

Point Roberts WA- June 30, 2011 (Investorideas.com renewable energy/green newswire) Investorideas.com, a leader in cleantech investor research, reports on trading for renewable energy stocks for 30th June.

First Solar, Inc. (NASDAQ:FSLR) shares climbed 2.20% following this morning the company said that the Department of Energy has agreed to provide conditional federal loan guarantees of $4.50 billion to be used in three of its solar generation projects situated in California.

After the completion of these projects, the power plants are expected to generate clean, renewable power for 274,000 homes and create 1,400 local construction jobs and hundreds of factory jobs.

Trina Solar Limited (ADR) (NYSE:TSL) also surged 3.56% to $22.42. This morning, the company said that its subsidiary, Trina Solar (Spain) S.L.U., it has signed a sales agreement with Gestamp Asetym Solar, S.L. ("Gestamp Solar"), a well-established Spanish-based developer of large-scale solar energy projects, to power Renault's manufacturing plants in France.

Premier Power Renewable Energy, Inc. (OTC:PPRW) ended on a flat note. On June 14, 2011, the company said that Genalta Power Inc made a $2.35 million strategic investment in Premier Power in exchange for 2,350,000 shares of preferred stock, priced at $1.00 per share, which are convertible to common shares at a conversion price of $1.00 per share.

Renewable Energy Stocks Sector Snapshot

ReneSola Ltd. (ADR) (NYSE:SOL) jumped 0.18 (3.57%) to close at $5.22.
SunPower Corporation (NASDAQ:SPWRA) rose 1.01 (5.51%) to $19.33.
LDK Solar Co., Ltd (ADR) (NYSE:LDK) surged 0.22 (3.09%) to $7.34.
JA Solar Holdings Co., Ltd. (ADR) (NASDAQ:JASO) added 0.09 (1.65%) to $5.55.
Premier Power Renewable Energy, Inc. (OTC:PPRW) closed at $0.69

More Research : get a full list of global publicly traded green stocks
http://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp


Solar Stock Investor Snapshot ;
Premier Power Renewable Energy, Inc. (OTC:PPRW)

Premier Power Renewable Energy, Inc. is a leading global provider of large and medium-scale solar power systems, delivering unmatched experience to commercial, governmental and utility customers globally. Premier Power designs, engineers and integrates the solar industry's leading products. Premier Power's technologies and services have enabled its customers to maximize clean energy output along with project savings. Today, Premier Power designs and deploys the most innovative solar electric systems through market-leading innovation and exceptional customer service. Premier Power is headquartered in El Dorado Hills, CA and has common stock quoted on the OTC Bulletin Board under the symbol PPRW.OB. Additional information is available at the Company's website at http://www.premierpower.com/



About Investorideas.com – a leader in cleantech investor research
Investorideas.com was on the of the first investor sites covering investing in water and renewable energy stocks and has become a global go-to destination for investors researching the cleantech sector, with stock directories, company news, commentary from experts, research reports and industry resources and links. Investors can follow solar stocks commentary on our site with solar expert, J. Peter Lynch.

Visit our green and renewable showcase stocks and more investor research in the sector: http://www.investorideas.com/Companies/RenewableEnergy/ or
http://www.renewableenergystocks.com/




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Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. IInvestorideas.com was compensated by PPRW third party IR firm , three thousand for one month.
Learn more: www.InvestorIdeas.com/About/Disclaimer.asp , http://www.investorideas.com/About/News/Clientspecifics.asp

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Source: www.Investorideas.com

Thursday, June 30, 2011

Mississippian Formation Oil and Gas Stock Trading; (NYSE: CHK), (NYSE: DVN), (OTCBB: OEDV), (NYSE: SD)

Point Roberts, WA - June 30, 2011 (Investorideas.com Energy Newswire) - www.InvestorIdeas.com, a leader in sector research including oil and gas stocks, issues a trading snapshot on Mississippian Formation oil and gas stocks for June 30 th. Company related news includes Devon Energy Corporation (NYSE: DVN ), Osage Exploration and Development, Inc. (OTCBB: OEDV) and RAM Energy Resources, Inc. (Nasdaq:RAM).
Crude Oil Aug 11 (CLQ11.NYM) is trading up at $95.12, up 0.35 (0.37%).
Mississippian Formation Trading Snapshot
  • Chesapeake Energy (NYSE: CHK ) trading up at $29.41, up 0.36 (1.24%) 10:37AM EDT
  • Devon Energy Corporation (NYSE: DVN ) trading up at $78.74, up 0.82 (1.05%) 10:37AM EDT
  • Osage Exploration and Development, Inc. (OTCBB: OEDV) trading at $0.28
  • Range Resources Corporation (NYSE: RRC ) trading at $55.60, up 0.68 (1.24%) 10:37AM EDT
  • RAM Energy Resources, Inc. (Nasdaq:RAM) trading at $1.24
  • SANDRIDGE ENERGY INC (NYSE: SD ) trading at $10.78 0.02 (0.19%) 10:39AM EDT
Market Snapshot
  • Dow 12,389.40 +127.98 +1.04%
  • Nasdaq 2,767.67 +27.18 +0.99%
  • S&P 500 1,318.92 +11.51 +0.88%
  • 10 Yr Bond (%) 3.1990% +0.0910
  • Oil 95.10 +0.33 +0.35%
  • Gold 1,509.70 -0.20 -0.01%
Mississippian Formation Oil and Gas Stock News;
Oil and Gas Stock News; Osage Exploration and Development, Inc. (OTCBB: OEDV) Information To Be Available Through Standard & Poor's Corporation Records Listing Program
SAN DIEGO , CA - June 29, 2011 (Investorideas.com energy stocks newswire) - Osage Exploration and Development, Inc. (OTCBB: OEDV) announced today that its company information would be made available via Standard & Poor's Corporation Records Listing Program. As part of the program, a full description of Osage Exploration and Development, Inc. will be published in the Daily News Section of Standard Corporation Records, a recognized securities manual for secondary trading in up to 38 States under the Blue Sky Laws. Standard Corporation Records is available in print, CD-ROM, and via the Web at www.netadvantage.standardandpoors.com as well as through numerous electronic vendors.
RAM Energy Resources Announces Operational Update to Planned Activity at Osage Mississippian Oil Play and Other Operational Activity
TULSA, Okla.--RAM Energy Resources, Inc. (Nasdaq:RAM) announced an update to activity in its Mississippian oil play in Osage County, Oklahoma which encompasses the company's 56,320 acre concession, a part of the broad Mississippi Chat/Mississippi Solid/Arbuckle oil play in the region. Full news:http://finance.yahoo.com/news/RAM-Energy-Resources-bw-1867424162.html?x=0&.v=1
Devon Energy Corporation (NYSE: DVN ) News - Devon to Increase Capital Expenditure by $1 Billion in 2011 - Wall Street Journal
According to the article, " … $300 million of the added $1 billion will be used to extend drilling programs in Devon's operation in the Barnett Shale near Dallas and Oklahoma's Cana-Woodford Shale through the end of the calendar year, said Dave Hager, who heads Devon's exploration and production business.
As a result, Devon plans to drill 375 wells, up from 325, in the Barnett and 225 wells, up from 200, in the Cana, Hager said.”
http://online.wsj.com/article/SB10001424052702304314404576414523978493358.html?ru=yahoo&mod=yahoo_hs
Featured Mississippian Formation Oil and Gas Stock:
Osage Exploration and Development, Inc. ( OTCBB: OEDV)
Based in San Diego, California with production offices in Oklahoma City, Oklahoma, and executive offices in Bogotá, Colombia, Osage Exploration and Development, Inc. is an independent exploration and production company with interests in oil and gas wells and prospects in the US and Colombia. www.osageexploration.com
Follow (OTCBB: OEDV) on Twitter.com
http://twitter.com/#!/OsageOEDV
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http://www.investorideas.com/CO/OEDV/
Company News:
Osage (OTCBB: OEDV) Joint Ventures Its 10,000 Acre Horizontal Mississippian Nemaha Ridge Project
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Security Stocks; United Protection Security Group Inc. (TSX-V: UZZ) - Q1 RESULTS

EDMONTON - June 30, 2011 (InvestorIdeas.com Newswire) - F.V.Ramsoondar, Chief Executive Officer of United Protection Security Group Inc. (TSX-V:UZZ) (UPSG or the Company) is pleased to announce that the Company has released its Q1- 2011 results.
F.V.Ramsoondar stated: "The results for the quarter do not reflect the results of the restructuring and cost management that the Company's new management has initiated. There were several significant changes made during the second quarter of 2011, which will impact the results of Q2 and the balance of 2011 in a significant way. I am confident that our shareholders will see positive changes in the results of the Company going forward."
Investorideas.com Newswire (1) EBIITDA = Earnings before interest, impairment, taxes, depreciation and amortization
(2) EBIITDAS = Earnings before interest, impairment, taxes, depreciation and amortization and share-based payments.
Revenues
Revenue for the first quarter was $7,977,759, compared to $8,813,176 for last year, a decrease of $(835,417) or (9.48)%. The overall decrease in revenues is largely attributable to the additional one time revenue the Company recognized in 2010 from the 2010 Winter Games.
Gross margin
Gross profit for the first quarter 2011 was $1,280,231 (16.05%), compared with $2,060,893 (23.38%) last year. The decrease in gross profit is directly related to the reduction in revenues relating to the 2010 Winter Games.
Operating costs
Operating costs were $6,697,528 compared with $6,752,283 last year, a decrease of $54,755 or 1%.
Selling and administrative expenses ("SGA")
SGA totalled $1,286,070 for the first quarter compared with $1,574,665 for last year, a decrease of $(288,595) or (18.33)%.
Operating activities
Cash provided by operating activities decreased mainly due to the increased net loss and decreased non-cash operating working capital. Decreases in non-cash operating working capital were primarily the result of increased receivables in Q1 2011.
Financing activities
Cash from financing activities amounted to $141,924 compared with cash of $267,431 last year. The revolving facility generated $231,140 during the quarter compared to $326,635 in the comparative quarter.
Property and equipment
Property and equipment amounted to $838,603 as at March 31, 2011, a decrease of $42,776 compared to December 31, 2010 mainly due to the Q1 2011 depreciation of $84,361 and additions of $41,585.
Intangible assets
Intangible assets primarily include customer relationships, which are amortized on a straight-line basis over periods varying between 5 and 8 years. Intangible assets amounted to $674,874 as at March 31, 2011, a reduction of $19,330 over intangible assets as at December 31, 2010, mainly due to customer lists purchased of $39,793 and Q1 2011 amortization of $59,123.
Stock Awareness Activities
To find out more about United Protection Security Group Inc. (TSX-V: UZZ), visit our website at www.unitedprotection.com. To join the 'request for information', go to the web page www.unitedprotection.com and click the tab 'request information' and follow the prompts.
Statements in this press release other than purely historical information, including statements relating to the Company's future plans and objectives or expected results, are forward-looking statements. Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in the Company's business, including risks related to business development and retention, and risks related to the current economic and credit conditions. As a result, actual results may vary materially from those described in the forward-looking statements.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Disclosure: UZZ is a paid advertising client on Investorideas.com and our defense portals.