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Mantra Venture Group Ltd. (OTCBB: MVTG | Quote | Chart | News | PowerRating) Shares traded up 11.54% at $0.29
Mantra, through its group of sustainable energy, carbon reduction and consumer product subsidiaries, is active in the green technology marketplace with an innovative, multi-faceted approach focused on profitability through sustainability. By aggressively seeking out new technologies and innovating solutions for a cleaner earth for everyone, Mantra intends to provide a highly profitable and, more importantly, socially and environmentally responsible investment for its shareholders.
MVTG News Yesterday, Mantra Venture Group announced that The Company has passed the qualification process for the UK government's Global Partnership Program and will be provided with partnership matching services by Pera, a European innovation and business support organization. Pera, established over 60 years ago, is a private sector, non-profit company working for the public interest of the communities in which it operates by helping its members establish international partnerships as well as business and technology development processes. Mantra's involvement with Pera and the UK government's Global Partnership Program will provide it with access to an unparalleled network of UK sustainability industry companies as well as scientists and researchers who can help develop Mantra's products. Pera's Global Partnerships Unit will review Mantra's exact requirements and will identify potential candidates; contacting each individually to create a shortlist of interested parties.
Southern Star Energy, Inc (OTCBB: SSEY | Quote | Chart | News | PowerRating) Shares traded up 44.19% at $0.62
Southern Star Energy, Inc., an exploration stage company, together with its subsidiary, Southern Star Operating, Inc., engages in the acquisition, exploration, and development of oil and gas resources in Louisiana, the United States. It holds a 40% working interest in the D Duck Prospect area covering approximately 5,300 acres in Bossier Parish Louisiana. Southern Star Energy, Inc., formerly known as Surge Enterprises, Inc., was founded in 2005 and is headquartered in Houston, Texas.
SSEY News Yesterday, Southern Star Energy announced that The Company has successfully drilled and logged the targeted Haynesville interval in its Burt 20-1 Well, with positive results. This well is strategically located in the southwest section of the Company's Sentell Field in Bossier Parish, Louisiana. As previously announced, the well successfully encountered its targeted Cotton Valley interval in this location before the Company drilled ahead to further evaluate its Haynesville potential. The Burt 20-1 Well reached a total depth of 11,220 feet on November 27, 2008. This is the third well in the Company's 2008 development program, and the second of two Haynesville Shale vertical test wells in the Sentell Field planned this year.
Enviro Voraxial Technology Inc. (OTCBB: EVTN | Quote | Chart | News | PowerRating) Shares stayed steady at $0.35
Enviro Voraxial Technology, Inc. provides environmental and industrial separation technology. It engages in the manufacture, sale, and rental of Voraxial Separator, a continuous flow turbo machine that separates liquid/liquid, liquid/solids, or liquid/liquid/solids fluid mixtures with distinct specific gravities. Enviro Voraxial markets its product for oil-water separation, oil exploration and production, oil refineries, marine/oil-spill clean up, stormwater, manufacturing waste treatment, and grit/sand separation markets. The company was founded in 1964 and is based in Fort Lauderdale, Florida.
EVTN News Yesterday, Enviro Voraxial Technology announced that The Company received a purchase order for its Voraxial 2000 Separator from a wastewater service company based in Alberta, Canada. The Voraxial will be integrated into the existing wastewater processing system to enhance the capability of treating various wastewater streams produced in Canada's booming oil sands industry. The ultra-efficient Voraxial 2000 Separator is capable of separating oil/water, sand/water and oil/water/solids mixture streams.
BIO-key International Inc. (OTCBB: BKYI | Quote | Chart | News | PowerRating) Shares traded down 4% at $0.048
BIO-key International, Inc. develops and markets fingerprint identification biometric technology and software solutions in the United States. Its Biometrics segment provides Vector Segment Technology SDK, a biometric development kit; True User Identification, a biometric identification solution to perform false alias checks and manage fraudulent access to systems; WEB-key, a biometric security platform for managing fingerprint authentication in unprotected networks; Biometric Service Provider that provides single user interface for multiple fingerprint readers; and ID Director that offers custom authentication scheme for companies to enhance authentication. The company?s Law Enforcement segment offers MobileCop, a wireless query and messaging application; PocketCop, a software solution for law enforcement personnel; IdentityMatch, a Web-based fingerprint biometric solutions for criminal custody agencies; Field Interview Tracker, which enables personnel to capture field contact information; Patrol Journal, an automated system to electronically capture and record users? daily activities; and TStop that enables law enforcement personnel to capture the information on their mobile computer for future report generation. It also provides State Crash Report, which provides personnel to use their mobile computer to collect data needed; InfoServer, a solution for an agency?s central messaging switch; Multiple Application Programming Interface, which facilitates an agency to have multiple ports to the server to accommodate disparate interfaces; InfoExchange that offers data from local RMS and other databases directly to the mobile data user; and MobileCop Navigator, which provides mapping features, such as in-car display of location and driving directions. BIO-key International has strategic alliances with Oracle, Computer Associates, Hewlett Packard, Dell, Verizon, Sprint/Nextel, and AT&T Wireless. The company was founded in 1993 and is based in Wall, New Jersey.
BKYI News Yesterday, BIO-key announced that the U.S. Patent and Trademark Office has approved the issuance of a patent for the company's "Match Template Protection within a Biometric Security System" method. The benefits of the technology protected by this patent (patent number 7,454,624) provide another layer of defense against hackers and system attacks. Specifically, the technology provides the ability to distinguish an enrollment template from an authentication model. In the event a hacker is able to extract enrollment templates from a database, if they are submitted as authentication models, BIO-key's software can detect that these templates were generated as enrollment and not authentication models, rendering them useless. Malicious attacks on security databases are inevitable. Unlike other approaches that are being investigated for enrollment database security, such as revocation and encryption, BIO-key takes a proactive approach to ensuring greater security. The solution protected under this recently issued patent limits the scope of enrollment templates usage and also eliminates the need for revocation or encryption processes, which can be expensive and time consuming.
Surfect Holdings Inc. (OTCBB: SUFH | Quote | Chart | News | PowerRating) Shares traded up 33.33% at $0.014
Surfect develops and manufactures advanced interconnect solutions that are designed to support the growing demand for solar cell production by reducing the cost per delivered watt. The company's proprietary Direct Energy Plating(TM) (DEP) is an innovative multi-wafer capable, single-cell electroplating process that uses ultrasonic energy to create the metal interconnect on the silicon wafers. The computer-driven DEP process is a "plug-and-play" plating and integrated packaging solution that provides customers with benefits such as a lower cost of ownership, improved process speeds and yields, environmentally sensitive processes, increased operational flexibility and a smaller operational footprint.
SUFH News Yesterday, Surfect provided a general business update for the third quarter ended September 30, 2008. Mr. Steve Anderson, chief executive officer of Surfect, commented, "We continue to work aggressively towards commercialization of our advanced interconnect and packaging solutions for solar cell applications. We recently hired three key executives whom we are confident will enable us to realize our vision of becoming a major equipment and service provider to the solar industry. The new additions to our team include David Pham, Solar Product Manager, Terry Gafron, Project Manager Software, and Richard Tung, Vice President of Operations. We are confident that their management, sales and engineering backgrounds, as well as their technology cost reduction and new product introduction experience will be a major benefit for our planned growth."
China Gengsheng Minerals, Inc. (OTCBB: CHGS | Quote | Chart | News | PowerRating) Shares stayed steady at $0.34
China Gengsheng Minerals, Inc. develops, manufactures and markets a broad range of high-tech industrial material products, including monolithic refractories, industrial ceramics and fracture proppants. A market leader offering customized solutions, Gengsheng sells its products primarily to the iron-and-steel industry as heat-resistant components for steel-making furnaces, industrial kilns and other high-temperature vessels to guarantee and improve the productivity of those expensive pieces of equipment while reducing their consumption of energy. Founded in 1986 and based in China's Henan province, Gengsheng currently has over 200 customers in the iron, steel, oil, glass, cement, aluminum and chemical businesses located in China and in 11 other countries. Gengsheng conducts business through Gengsheng International Corporation, a British Virgin Islands company, and its Chinese subsidiaries, which are Henan Gengsheng Refractories Co., Ltd., Zhengzhou Duesail Fracture Proppant Co., Ltd. and Henan Gengsheng High Temperature Materials Co., Ltd.
CHGS News Yesterday, China Gengsheng Minerals announced that The Company has signed a new full-service contract for refractory products with Hebei Wenfeng Iron and Steel Co., Ltd. ("Wenfeng") in Hebei Province. The total value of the contract is approximately $2 million per year, based on the current estimate of Wenfeng's production. The Company provides "full services" to China's steel mills in the form of refractory product installation, testing, maintenance, repair and replacement. Full-service customers contributed 42% of total sales in the first nine months of 2008. "I am pleased to announce this new contract win," said Mr. Shunqing Zhang, Chairman of Gengsheng. "Full-service programs typically enjoy higher gross margins than straight product sales. In the current economic condition, it's important for us to focus on stable customer relations. Another advantage of full-service contracts over product sales is that we collect payment on a monthly basis, which will help improve cash flows."
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