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Hey charts...I posted that last night. I am only selling my ETrade shares. I have a shade more than 25M in Scotty that I am so far under water on it is scary.
Good luck getting the 2s. I hope you pull all 20M....Happy Thanksgiving to ya.
LOGL responds to short selling...News out! Legend Oil and Gas Ltd. Responds to Short Seller Articles and Provides Company Update
Legend Oil & Gas (OTCBB:LOGL)
Intraday Stock Chart
Today : Wednesday 23 November 2011
Legend Oil and Gas Ltd. (OTCBB: LOGL)
We are issuing this press release in response to two defamatory reports written by Mr. Isaac Silbermann, a short seller, relating to the management and directors of Legend Oil and Gas Ltd. These articles were published by SeekingAlpha.com and released on November 20 and November 21, 2011.
Mr. Silbermann admits, in both articles released by him to date, to being a short seller of Legend's stock. It appears as though Mr. Silbermann's intent through the generation of these inflammatory articles, is to instill investor panic and create a downward trend in the Company's stock price. A fall in the Company's stock price would result in personal gain for Mr. Silbermann because he is short the stock.
We strongly and vigorously deny the allegations made by Mr. Silbermann in his articles. Mr. Silbermann suggests that we have engaged in stock promotion activities. Specifically, Mr. Silbermann cited three advertising articles written by James Rapholz, Eric Dany, Don McShane, which were paid for by Darvin Consult SA. Neither of our officers and directors, Mr. Marshall Diamond-Goldberg and Mr. James Vandeberg, nor anyone else acting on our behalf hired or paid for any such stock promotion articles (including these three specific articles), nor do we know or have any relationship, directly or indirectly with Darvin Consult SA , James Rapholz, Eric Dany, or Don McShane.
Legend management has been involved with numerous companies over the past 30 years. Our officers and directors have never participated in any paid-for reports or promotional items for any companies they are currently, or have been associated with, and give no credence to Mr. Silbermann's inferences whatsoever. Management considers all information written in Mr. Silbermann's articles to be inferences only and believes current and future articles are written for his own personal benefit and with those he may be associated.
Most importantly, Mr. Silbermann fails to present information regarding the fundamentals of Legend Oil and Gas in his articles to date. Legend is executing its business plan and continues to work toward providing value for its shareholders through exploration, exploitation and acquisition in the oil and gas industry.
As we previously reported, on October 20, 2011, Legend closed the acquisition of producing and non-producing oil and gas assets from International Sovereign Energy Corp. ("Sovereign"). The acquisition was closed in Legend's wholly owned subsidiary, Legend Energy Canada Ltd. Combined with the production from Legend's US assets in the state of Kansas, total production at closing was over 300 BOE/d (barrels of oil equivalent with gas converted at 6:1). Within the next several days, we will be filing a Current Report on Form 8-K with the SEC to provide pro forma financial statement disclosures for this acquisition.
In support of the development and management of the Canadian assets, Legend has set up a Canadian office in Calgary, Alberta and has hired a petroleum engineer in the position of Manager of Engineering and a Controller to manage the day to day operations of these acquired assets. It is the intention of Legend to have the Canadian and US assets managed by the Calgary based staff in support of the head office in Seattle, Washington.
Marshall Diamond-Goldberg, President of Legend stated, "The acquisition of the Sovereign assets, coupled with the recent drilling success we have had in Kansas, moves Legend from a start-up E&P company to a functional energy company with a significant inventory of drilling opportunities, a large amount of un-developed acreage to assess for additional exploration and development, complimented by an increased staff with which to administer these and future assets. Having grown the company from zero production to over 300 BOE/d in less than one year, with the potential to increase that production significantly over the next few years, is a major positive for all Legend shareholders and demonstrates management's commitment and ability to enhance shareholder value through organic growth rather than by promotion as suggested by the short seller's articles, who has personal profit as the motive to knock down our stock price."
About Legend Oil and Gas Ltd.
Legend Oil and Gas Ltd. is a managed risk, oil and gas exploration/exploitation, development and production company with activities currently focused on leases in Canada, southeastern Kansas and northern North Dakota.
Investor ContactBarry Gross, Investor Relationslegend@grosscapital.com 361-949-4999
Forward-looking Statements:
This press release contains forward-looking statements (as defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended) concerning future events and the Company's growth and business strategy. Words such as "expects," "will," "intends," "plans," "believes," "anticipates," "hopes," "estimates," and variations on such words and similar expressions are intended to identify forward-looking statements. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, no assurance can be given that such expectations will prove to have been correct. These statements involve known and unknown risks and are based upon a number of assumptions and estimates that are inherently subject to significant uncertainties and contingencies, many of which are beyond the control of the Company. Actual results may differ materially from those expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially include, but are not limited to, changes in the Company's business; competitive factors in the market(s) in which the Company operates; risks associated with oil and gas operations in the United States; and other factors listed from time to time in the Company's filings with the Securities and Exchange Commission. The Company expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company's expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based.
Cautionary Note to U.S. Investors -- The United States Securities and Exchange Commission permits oil and gas companies, in their filings with the SEC, to disclose only proved reserves that a company has demonstrated by actual production or conclusive formation tests to be economically and legally producible under existing economic and operating conditions. We use certain terms in this press release, such as "probable," "possible," "recoverable" or "potential" reserves among others, that the SEC's guidelines strictly prohibit us from including in filings with the SEC. Investors are urged to consider closely the disclosure in our filings with the SEC.
SOURCE Legend Oil and Gas Ltd.
When shorts get caught and have to cover we get days like today...
Legend Oil and Gas Ltd. Responds to Short Seller Articles and Provides Company Update
Legend Oil & Gas (OTCBB:LOGL)
Intraday Stock Chart
Today : Wednesday 23 November 2011
Legend Oil and Gas Ltd. (OTCBB: LOGL)
We are issuing this press release in response to two defamatory reports written by Mr. Isaac Silbermann, a short seller, relating to the management and directors of Legend Oil and Gas Ltd. These articles were published by SeekingAlpha.com and released on November 20 and November 21, 2011.
Mr. Silbermann admits, in both articles released by him to date, to being a short seller of Legend's stock. It appears as though Mr. Silbermann's intent through the generation of these inflammatory articles, is to instill investor panic and create a downward trend in the Company's stock price. A fall in the Company's stock price would result in personal gain for Mr. Silbermann because he is short the stock.
We strongly and vigorously deny the allegations made by Mr. Silbermann in his articles. Mr. Silbermann suggests that we have engaged in stock promotion activities. Specifically, Mr. Silbermann cited three advertising articles written by James Rapholz, Eric Dany, Don McShane, which were paid for by Darvin Consult SA. Neither of our officers and directors, Mr. Marshall Diamond-Goldberg and Mr. James Vandeberg, nor anyone else acting on our behalf hired or paid for any such stock promotion articles (including these three specific articles), nor do we know or have any relationship, directly or indirectly with Darvin Consult SA , James Rapholz, Eric Dany, or Don McShane.
Legend management has been involved with numerous companies over the past 30 years. Our officers and directors have never participated in any paid-for reports or promotional items for any companies they are currently, or have been associated with, and give no credence to Mr. Silbermann's inferences whatsoever. Management considers all information written in Mr. Silbermann's articles to be inferences only and believes current and future articles are written for his own personal benefit and with those he may be associated.
Most importantly, Mr. Silbermann fails to present information regarding the fundamentals of Legend Oil and Gas in his articles to date. Legend is executing its business plan and continues to work toward providing value for its shareholders through exploration, exploitation and acquisition in the oil and gas industry.
As we previously reported, on October 20, 2011, Legend closed the acquisition of producing and non-producing oil and gas assets from International Sovereign Energy Corp. ("Sovereign"). The acquisition was closed in Legend's wholly owned subsidiary, Legend Energy Canada Ltd. Combined with the production from Legend's US assets in the state of Kansas, total production at closing was over 300 BOE/d (barrels of oil equivalent with gas converted at 6:1). Within the next several days, we will be filing a Current Report on Form 8-K with the SEC to provide pro forma financial statement disclosures for this acquisition.
In support of the development and management of the Canadian assets, Legend has set up a Canadian office in Calgary, Alberta and has hired a petroleum engineer in the position of Manager of Engineering and a Controller to manage the day to day operations of these acquired assets. It is the intention of Legend to have the Canadian and US assets managed by the Calgary based staff in support of the head office in Seattle, Washington.
Marshall Diamond-Goldberg, President of Legend stated, "The acquisition of the Sovereign assets, coupled with the recent drilling success we have had in Kansas, moves Legend from a start-up E&P company to a functional energy company with a significant inventory of drilling opportunities, a large amount of un-developed acreage to assess for additional exploration and development, complimented by an increased staff with which to administer these and future assets. Having grown the company from zero production to over 300 BOE/d in less than one year, with the potential to increase that production significantly over the next few years, is a major positive for all Legend shareholders and demonstrates management's commitment and ability to enhance shareholder value through organic growth rather than by promotion as suggested by the short seller's articles, who has personal profit as the motive to knock down our stock price."
About Legend Oil and Gas Ltd.
Legend Oil and Gas Ltd. is a managed risk, oil and gas exploration/exploitation, development and production company with activities currently focused on leases in Canada, southeastern Kansas and northern North Dakota.
Investor ContactBarry Gross, Investor Relationslegend@grosscapital.com 361-949-4999
Forward-looking Statements:
This press release contains forward-looking statements (as defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended) concerning future events and the Company's growth and business strategy. Words such as "expects," "will," "intends," "plans," "believes," "anticipates," "hopes," "estimates," and variations on such words and similar expressions are intended to identify forward-looking statements. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, no assurance can be given that such expectations will prove to have been correct. These statements involve known and unknown risks and are based upon a number of assumptions and estimates that are inherently subject to significant uncertainties and contingencies, many of which are beyond the control of the Company. Actual results may differ materially from those expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially include, but are not limited to, changes in the Company's business; competitive factors in the market(s) in which the Company operates; risks associated with oil and gas operations in the United States; and other factors listed from time to time in the Company's filings with the Securities and Exchange Commission. The Company expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company's expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based.
Cautionary Note to U.S. Investors -- The United States Securities and Exchange Commission permits oil and gas companies, in their filings with the SEC, to disclose only proved reserves that a company has demonstrated by actual production or conclusive formation tests to be economically and legally producible under existing economic and operating conditions. We use certain terms in this press release, such as "probable," "possible," "recoverable" or "potential" reserves among others, that the SEC's guidelines strictly prohibit us from including in filings with the SEC. Investors are urged to consider closely the disclosure in our filings with the SEC.
SOURCE Legend Oil and Gas Ltd.
Former NBA Superstar Player to be Named Coach of the Rick's Cabaret New York Stripper Basketball Team
Ricks Cabaret International, Inc. (MM) (NASDAQ:RICK)
Intraday Stock Chart
Today : Wednesday 23 November 2011
Former NBA Superstar Player to be Named Coach of the Rick's Cabaret New York Stripper Basketball Team Rick's Cabaret/New York Will Announce Its Stripper Basketball Team Coach Tuesday, November 29th
PR Newswire
NEW YORK, Nov. 23, 2011
NEW YORK, Nov. 23, 2011 /PRNewswire/ -- A former National Basketball Association superstar has agreed to become the first coach of the newly formed Rick's Basketball Association, comprised of teams made up of dancers at the Rick's Cabaret group of gentlemen's clubs. The new coach will be introduced at a press conference at noon on Tuesday, November 29th at Rick's Cabaret/New York City.
(Logo: http://photos.prnewswire.com/prnh/20110418/MM85342LOGO)
The topless dancers from the Rick's Cabaret group of gentlemen's clubs announced recently they had formed their own basketball league to try to take up some of the slack as the National Basketball Association negotiations bogged down. Rick's Cabaret International, Inc. (NASDAQ: RICK), is the publicly traded group of 23 upscale gentlemen's clubs that are popular with pro athletes and their fans.
Dancers from Rick's Cabaret/New York City have already been outfitted with sexy new uniforms, but until this week they were without a coach. Their new mentor is expected to whip them into shape to compete against teams from the company's other clubs. The first game is expected to be against Rick's Cabaret/Minneapolis, followed by a match with the girls from Tootsie's Cabaret in Miami and other Rick's Cabaret locations around the country. The league schedule will be announced in January.
"People will be amazed when we tell them who our coach is, because he was one of the great players in the NBA," said Gianna, a player for the New York team. "The girls are really excited. We're practically busting out of our tops! We plan to give him a really warm welcome on Tuesday."
"I hear he's going to have us do a workout on Tuesday in front of the press," said Sky, the point guard for the team. "I can't wait to show off some of my moves!"
About Rick's Cabaret: Rick's Cabaret International, Inc. (NASDAQ: RICK) is home to 23 upscale adult nightclubs serving primarily businessmen and professionals that offer live entertainment, dining and bar operations. Nightclubs in New York City, Miami, Philadelphia, Charlotte, Dallas, Houston, Minneapolis and other cities operate under the names "Rick's Cabaret," "XTC," "Club Onyx" and "Tootsie's Cabaret". Sexual contact is not permitted at these locations. Rick's Cabaret also operates a media division, ED Publications, and owns the adult Internet membership Website couplestouch.com as well as a network of online adult auction sites under the flagship URL naughtybids.com. Rick's Cabaret common stock is traded on NASDAQ under the symbol RICK. For further information contact ir@ricks.com or visit www.ricksinvestor.com.
SOURCE Rick's Cabaret International, Inc.
This is taking too long to come to fruition...I am peeling off my 1M starting tomorrow at $.0082 and laddering up thru ETMM....time to take my losses and get ready for a better 2012. GLTA here.
Folks...I start selling tomorrow...sorry. 6.25M to start at $.0004 thru ETMM. This is taking too long.....these 2's getting filled are total BS.....so I am taking my leave. Ohio wins.
OK...looks like I need more than a starter pack here. I need to free up some ammo and fire more $$$ at this one.
ATYG NEWS!!~ Racing Limos America Reports Strong Third Quarter Revenues; Franchisees Report Gains over Second Quarter and Over Same Time L...
Atlas Tech Group (PC) (USOTC:ATYG)
Today : Tuesday 22 November 2011
Racing Limos America, Inc., a subsidiary of Atlas Technology Group (OTC:ATYG.PK), is reporting strong third quarter revenues.
The company is reporting a near 2,000% increase in revenues over second quarter.
"We are starting to see more active interest in our marketing partnerships and with payments being made on a couple of franchise locations, so it looks like we're starting to roll," says Atlas CEO and Racing Limos America™ President James Albion. "With the holidays coming, it's advertising season, and we hope to take full advantage of that."
Albion says they are pursuing major shopping malls, ski resorts, and casinos for the holiday season with short-term promotions to help these major partners get a feel for working with Racing Limos America. "I am confident that once they have a taste of our effectiveness, we will have opportunities to capture marketing partnerships for 2012."
Additionally, with all franchise locations reporting, franchisees posted, on average, a 10.1% gain in 3rd quarter over 2nd quarter, and just over 12% better than the same quarter last year.
About Racing Limos America, Inc.
Headquartered in Dover, NH Racing Limos America, Inc. is a franchise operating system of race car themed stretch limousines, focused on advertising and marketing partnerships, business-to-business relationship development, and specialty transportation. For more information visit www.racinglimosamerica.com
Forward-looking Statements:
This press release contains forward-looking statements (as defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended) concerning future events and the Company's growth and business strategy. Words such as "expects," "will," "intends," "plans," "believes," "anticipates," "hopes," "estimates," and variations on such words and similar expressions are intended to identify forward-looking statements. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, no assurance can be given that such expectations will prove to have been correct. These statements involve known and unknown risks and are based upon a number of assumptions and estimates that are inherently subject to significant uncertainties and contingencies, many of which are beyond the control of the Company. Actual results may differ materially from those expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially include, but are not limited to, changes in the Company's business; competitive factors in the market(s) in which the Company operates; risks associated with operations outside the United States; and other factors listed from time to time in the Company's filings with the Securities and Exchange Commission. The Company expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company's expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based.
CONTACT: Racing Limos America, Inc. Investor Relations at (800) 399-6717 or by email at investwithus@racinglimosamerica.com
SOURCE Atlas Technology Group
RICK's NEWS OUT!! Rick's Cabaret International, Inc. Signs Agreement to Purchase Adult Nightclub and Real Estate in Dallas
Ricks Cabaret International, Inc. (MM) (NASDAQ:RICK)
Today : Tuesday 22 November 2011
Rick's Cabaret International, Inc. (NASDAQ: RICK), the nation's leading group of upscale gentlemen's clubs, has signed definitive documents to acquire the Silver City Cabaret, a Dallas adult nightclub on Stemmons Freeway and the underlying real estate that includes a building the company plans to convert into an entertainment complex. The transaction, which also includes the purchase of a separate piece of property in Dallas that is licensed for an adult business, is intended to close on or before January 2, 2012.
(Logo: http://photos.prnewswire.com/prnh/20110418/MM85342LOGO)
Said Eric Langan, President and CEO of Rick's Cabaret: "We are very enthusiastic about the potential to develop the Silver City location at 7501 North Stemmons Freeway near Love Field, which will become a great entertainment and retail destination. Only 14,000 square feet of the 54,000 square foot building is currently in use and we will develop the rest to include a Tootsie's style Knockers Sports Bar and an after hours nightclub. The Silver City Cabaret, after we have rebranded it, will become an important part of the terrific complex of clubs we have assembled in the Dallas-Ft. Worth Metroplex."
The purchase will bring to nine the number of clubs the company owns in the Dallas-Ft. Worth Metroplex and to 24 the number of clubs nationwide.
Subsidiaries of Rick's Cabaret will pay current owners a total of $12 million for the Silver City property and a separate property just off the busy I-35 corridor that includes a sexually oriented business license, which the company intends to develop in the future. The aggregate payment will be in the form of $1.5 million in cash plus promissory notes in the total aggregate amount of $10.5 million that are payable over 11 years at an adjustable interest rate of 5.5 percent.
Closing on the transaction is subject to due diligence and transfer of appropriate licenses and permits, and other terms and conditions customary for an acquisition of this type. Further details of the proposed transaction are available in the Form 8-K filed with the SEC, which is available at www.ricksinvestor.com.
About Rick's Cabaret: Rick's Cabaret International, Inc. (NASDAQ: RICK) is home to 22 upscale adult nightclubs serving primarily businessmen and professionals that offer live entertainment, dining and bar operations. Nightclubs in New York City, Miami, Philadelphia, Charlotte, Dallas, Houston, Minneapolis and other cities operate under the names "Rick's Cabaret," "XTC," "Club Onyx" and "Tootsie's Cabaret". Sexual contact is not permitted at these locations. Rick's Cabaret also operates a media division, ED Publications, and owns the adult Internet membership Website couplestouch.com as well as a network of online adult auction sites under the flagship URL naughtybids.com. Rick's Cabaret common stock is traded on NASDAQ under the symbol RICK. For further information contact ir@ricks.com or visit www.ricksinvestor.com.
Forward-looking Statements: This document contains forward-looking statements that involve a number of risks and uncertainties that could cause the company's actual results to differ materially from those indicated in this document, including the risks and uncertainties associated with operating and managing an adult business, the business climates in cities where it operates, the success or lack thereof in launching and building the company's businesses, risks and uncertainties related to the operational and financial results of our Web sites, conditions relevant to real estate transactions, and numerous other factors such as laws governing the operation of adult entertainment businesses, competition and dependence on key personnel. Additional factors that could cause the Company's results to differ materially from those described in the forward-looking statements are described in forms filed with the SEC from time to time and available at www.ricksinvestor.com or on the SEC's internet website at www.sec.gov. Rick's has no obligation to update or revise the forward-looking statements to reflect the occurrence of future events or circumstances. For further information visit www.ricksinvestor.com.
SOURCE Rick's Cabaret International, Inc.
Hey Epic, cleaned house on Asst Mods I see. Nice to see that you and Tec Nasty are as tight as ever. Congrats and happy Thanksgiving.
We hit trip 8 today....this is going to get a lot worse before it gets anywhere near better IMHO.
WOW....what a POS. I cannot believe I was dumb enough to buy the $.0013s on Friday. Who knew trips were coming today. Looks like this one is done folks. The privte placements shares are off restriction and hitting us like a hurricane. GLTA.
News so fluffy they released it on a Saturday!!!
SRPX NEWS !! Saturday 19 November 2011 Scorpex Application Accepted by Mexican Federal Government
Scorpex (PC) (USOTC:SRPX)
Today : Saturday 19 November 2011
Scorpex, Inc. (Pinksheets:SRPX) (the “Company”) submitted and received acceptance of its follow-on application to the Mexican federal government for continued development and operations on the Company’s initial site located near Ensenada, Mexico.
In Mexico, the federal, state, and local governments approve and issue permits for the use of the land for waste storage and disposal as well as operational permits. The Company has received several permits and approvals and anticipates receiving all of its permits soon.
“This is another important step toward receiving use and operational permits from federal, state and local authorities. It is our goal to keep shareholders fully informed as developments with permitting transpire, as these authorizations are vital to increasing the value of our business,” said Joseph Caywood, CEO of Scorpex, Inc.
This press release may contain certain forward-looking statements regarding future circumstances. These forward-looking statements are based upon the Company’s current expectations and assumptions and are subject to various risks and uncertainties that could cause actual results to differ materially from those contemplated in such forward-looking statements. Actual results, events, and performance may differ. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as to the date hereof. The Company undertakes no obligation to release publicly any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. The inclusion of any statement in this release does not constitute an admission by the Company or any other person that the events or circumstances described in such statements are material.
No way this is kosher IMHO. Someone needs to fess the fruck up about what it is going here. I see raiders on Skype all the time, yet no one seems to be willing to come to this board and let us know what the hell is going on.
Thanks jims! I already called my local guys to rant...:(
On this one it was Scotty.
I know...plus ASCM was only showing 5K...yet he did not budge.....I dunno...seems fishy.....but what the heck...
He was first up on my L2.
Hey pickl, I got the 13s and some 12s today.
I only got 220K at $.0004. The order was not filled by ASCM on the ask and did not fill the entire 1M.....WTF is going on?
This is nuts.
I am loading the boat down here. All my funds directed at this thing, then I will wait for it to produce....call time is now IMHO. That is all I the movie puns I could fit in one logical sentence.
If the rumors of BW coming on to this thing are true, it is worth the shot IMHO.
VSTA NEWS ! ~ VistaGen Therapeutics and University Health Network (Toronto) Extend Broad Stem Cell Alliance and Expand Scope of Collaboration
Vistagen Therapeutic (OTCBB:VSTA)
Today : Friday 18 November 2011
VistaGen Therapeutics, Inc. (OTCBB: VSTA), a biotechnology company applying stem cell technology for drug rescue and cell therapy, and the University Health Network (UHN), one of Canada's largest research hospitals, have expanded their existing collaborative pluripotent stem cell research and development program, and extended it through September 2017.
In 2007, VistaGen and Dr. Gordon Keller, head of UHN's McEwen Centre for Regenerative Medicine in Toronto, agreed to combine Dr. Keller's human pluripotent stem cell biology expertise with VistaGen's proprietary Human Clinical Trials in a Test Tube™ stem cell technology platform. The platform delivers clinically relevant indications of how humans will respond to new drug candidates early in the drug development process. Dr. Ralph Snodgrass, VistaGen's President and Chief Scientific Officer, and Dr. Keller, who is chairman of VistaGen's Scientific Advisory Board, co-founded VistaGen in 1998, with the goal of using stem cell technologies to transform the way new drugs are discovered and developed.
"Our unique relationship with UHN and Dr. Keller is dynamic, innovative and directly supports the drug rescue capabilities of our Human Clinical Trials in a Test Tube™ platform," said Shawn Singh, VistaGen's Chief Executive Officer. "This research partnership gives us direct access to cutting-edge stem cell research conducted by one of the world's leading stem cell researchers at one of the world's top stem cell research institutions."
Dr. Christopher Paige, UHN's Vice President, Research, said, "We are very pleased with the progress Dr. Keller's lab and VistaGen are making in our cooperative research effort. VistaGen's support of Dr. Keller and his team, and its commitment to commercializing these technologies, give us confidence that we will soon see the remarkable promise of our collaborative stem cell research translated into therapeutic realities that will improve patients' lives."
The amended UHN agreement includes five key programs that will further support VistaGen's core drug rescue initiatives and potential cell therapy applications.
Research conducted at UHN and VistaGen labs will include the development of stem cell-based drug discovery and drug rescue technologies, using mature cardiac, liver and pancreatic beta-islet, blood and cartilage cells. The program will also focus on large-scale production of these cell types, each derived from human-induced pluripotent stem cells (hiPS cells), which are potentially suitable for in vivo transplantation studies and cell therapy applications.
Additionally, VistaGen and UHN scientists plan to further enhance current methods used to produce cell types derived from both human embryonic stem cells (hES cells) and hiPS cells. The research alliance also aims to establish preclinical proof-of-concept for the use of iPS cell-derived articular chondrocytes for cell therapy repair and regeneration of autologous cartilage, as well as the use of iPS cell-derived precursor cells to produce lymphocytes, granulocytic cells, red cells and blood platelets.
About VistaGen Therapeutics
VistaGen is a biotechnology company applying human pluripotent stem cell technology for drug rescue and cell therapy. Drug rescue involves the combination of human pluripotent stem cell technology with modern medicinal chemistry to generate new chemical variants of once promising small molecule drug candidates that pharmaceutical companies have discontinued during preclinical or early clinical development due to heart or liver toxicity, despite positive efficacy data demonstrating their potential therapeutic and commercial benefits. VistaGen plans to use its pluripotent stem cell technology to generate early indications, or predictions, of how humans will ultimately respond to new drug candidates before they are ever tested in humans.
In parallel with its drug rescue activities, VistaGen is funding early-stage nonclinical studies focused on potential cell therapy applications of its Human Clinical Trials in a Test Tube™ platform.
Additionally, VistaGen will begin a Phase 1b clinical study of AV-101, a small molecule drug candidate for treatment of neuropathic pain, before the end of 2011. This study includes testing AV-101 in healthy volunteers using the intradermal capsaicin model of neuropathic pain. Neuropathic pain, a serious and chronic condition causing pain after an injury or disease of the peripheral or central nervous system, affects approximately 1.8 million people in the U.S. alone. VistaGen plans to initiate Phase 2 clinical studies of AV-101 in the fourth quarter of 2012. VistaGen is also exploring additional opportunities to leverage its current Phase 1 clinical program to enable additional Phase 2 clinical studies of AV-101 for epilepsy, Parkinson's disease and depression. To date, VistaGen has been awarded over $8.5 million from the U.S. National Institutes of Health (NIH) for development of AV-101.
Visit us at http://www.VistaGen.com, follow us at http://www.twitter.com/VistaGen or view our Facebook page at http://www.facebook.com/VistaGen.
Cautionary Statement Regarding Forward Looking Statements
The statements in this press release that are not historical facts may constitute forward-looking statements that are based on current expectations and are subject to risks and uncertainties that could cause actual future results to differ materially from those expressed or implied by such statements. Those risks and uncertainties include, but are not limited to, risks related to regulatory approvals and the success of VistaGen's ongoing clinical studies, including the safety and efficacy of its drug candidate, AV-101, the failure of future drug rescue and pilot preclinical cell therapy programs related to VistaGen's stem cell technology-based Human Clinical Trial in a Test Tube™ platform, its ability to enter into drug rescue collaborations, risks and uncertainties relating to the availability of substantial additional capital to support VistaGen's research, development and commercialization activities, and the success of its research, development, regulatory approval, marketing and distribution plans and strategies, including those plans and strategies related to AV-101 and any drug rescue variants identified and developed by VistaGen. These and other risks and uncertainties are identified and described in more detail in VistaGen's filings with the Securities and Exchange Commission (SEC). These filings are available on the SEC's website at www.sec.gov. VistaGen undertakes no obligation to publicly update or revise any forward-looking statements.
For More Information:
Shawn K. Singh, J.D.
Chief Executive Officer
VistaGen Therapeutics, Inc.
www.VistaGen.com
650-244-9990 x224
Investor.Relations@VistaGen.com
Mission Investor Relations
Atlanta, Georgia
http://www.MissionIR.com
404-941-8975
Investors@MissionIR.com
It is not that bad actually.
Some not so friendly fire from Texas taking this one down. I am not a buyer here.
Herborium® Group Reports Strong Positive Response to Social Media Campaign for AcnEase® Product
Herborium Group (PC) (USOTC:HBRM)
Today : Friday 18 November 2011
Herborium Group, Inc., (PK: HBRM) www.herborium.com, a Botanical Therapeutics® company, announced today that it has recently launched Social Media Campaign for its proprietary acne treatment product AcnEase®.
Currently over 60 million individuals in the USA are diagnosed with acne problems, with 50% of adult women and 25% of adult men developing acne symptoms at some point in their life. There are over 17 million adults with acne in the USA. The median age for acne sufferers increased from 20.5 to 26.5 years of age. Acne affects people of all ethnic backgrounds and skin types making it one of the most universal health afflictions worldwide.
Dr. Agnes Olszewski, President and CEO of Herborium, stated, "Our aggressive marketing campaign includes an overhauled Facebook and Twitter presence. Additionally, the Company has deployed a blog of highly educative content aimed at establishing Herborium's position an expert in helping people achieve clear and healthy skin in a natural and safe manner."
There are a lot of misconceptions about acne that actually affect the efficacy of treatment. Herborium's approach based on educating acne suffers and improving efficacy in treatment through addressing these misconceptions will help to build a strong brand and wide following, especially from adults suffering from chronic acne.
Due to the difficulty in treating adult acne, most over the counter products as well as alternative treatments do not target this market. This creates a tremendous opportunity for AcnEase which has shown positive results in over 85% of adult users. Adult Acne market has many advantages-lower price sensitivity (larger margin) and higher brand loyalty over a teen market being just its two top characteristics. In addition treatment of adult acne requires longer treatment time providing for more advantageous revenues forecast.
By targeting a broad range of acne sufferers Herborium will reinforce the Company's image as a Botanical Therapeutics Company with expertise in natural medicine and natural personal/beauty care. Since acne is both a disease and a social affliction, AcnEase bridges the healthcare and personal care (beauty) markets providing for revenues streams from both markets.
About AcnEase (www.acnease.com)
AcnEase® is a proprietary, all herbal, systemically acting botanical therapeutic® targeting the symptoms of acne in both females and males of all ages. Unlike many herbal products, AcnEase has been validated through clinical testing. The results demonstrated that approximately 95% of the patients with adolescent acne responded positively to AcnEase. In adults with hormonal or chronic acne the level of effectiveness was 85%. The overall positive response rate to AcnEase was 91%. To date, after 5 plus years on the market, Herborium has registered a 95.5% consumer satisfaction rate for the AcnEase product.
About Herborium Group, Inc.
Herborium Group, Inc., a botanical therapeutics® company, focuses on developing, licensing, and marketing proprietary, botanical based medicinal products to consumers and healthcare professionals. The Company business model focuses on emerging market opportunities spearheaded by the growth of a new market sector located between high-cost, high-risk, ethical pharmaceuticals and commoditized classic nutraceuticals (supplements). The Company uses clinical validation and a proactive regulatory strategy based on the FDA Guidance for Industry: Botanical Drug Products (FDA Guidance 2004) to establish and maintain a differential advantage. The company secured a pipeline of botanical ingredients based products in the areas of Dermatology, Prostate Health (BPH), Liver Diseases and Women's and Men's Health and selected sexual disorders. Herborium Group sells its products in the United States, the United Kingdom, and continental Europe through a network of distributors, specialty retailers, and e-commerce.
One of our most important responsibilities is to communicate with shareholders in an open and direct manner. Comments are based on current management expectations, and are considered "forward-looking statements," generally preceded by words such as "plans," "expects," "believes," "anticipates," or "intends." We cannot promise future returns. Our statements reflect our best judgment at the time, and we disclaim any obligation to update or alter forward-looking statements as the result of new information or future events. The Company urges investors to review the risks and uncertainties contained within its filings with the OTC Markets and/or Securities and Exchange Commission
For more information please inquire: DrAgnes@Herborium.com
SOURCE Herborium Group, Inc.
Right...LOL
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I know tommyboy, it is looking good for the TA guys.
Once the spread closes a bit I think it trades fine.
Nope...transparency is what it is all about...she gave an honest review.
AURI website...http://www.aurifootwear.com/
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I like that they do not have huge brick and mortar stores with huge overhang, just getting in major big box stores and letting the shoes speak for themselves.
NP.... It is a good video IMHO.
Oil on a 35% plus run as of late....that and the ticker is kinda cool. OREO...go figure.
Cant ask for more than an honest review. That was pretty honest.
I am sure you will be able to trade your way home to profits...
GABR post # 9421...check it out...