OTCPicks Publisher Newsletter
ECDC), BioDelivery Sciences International Inc. (NASDAQ: BDSI), Adarna Energy Corp. (OTCBB: ADRN), Wolverine Exploration Inc. (OTCBB: WOLV), Recon Technology Ltd. (NASDAQ: RCON) and Green Star Alternative Energy Inc. (OTC:
GSAE).Visit http://otcpicknews.com/emailmarketer/link.phpM940&N17&L1&F=T to register for our Stocks to Watch Newsletter and Email Stock Watch Alerts.EAST COAST DIVERSIFIED CORPORATION (OTCBB: ECDC) “Up 230.43% on Thursday” Detailed Quote:
http://otcpicknews.com/emailmarketer/link.phpM940&N17&L12&F=T East Coast Diversified Corp. operates through its subsidiary, EarthSearch Communications, Inc. East Coast Diversified Corp. offers a portfolio of GPS devices, RFID interrogators, integrated GPS/RFID technologies and Tag designs. The company was founded in 2010 and is based in Atlanta, Georgia..
ECDC News:February 14 – Rogue Paper`s TV Tune-In App Approaches 800,000 UsersEast Coast Diversified Corporation (OTCBB: ECDC) announced that its subsidiary, Rogue Paper, Inc, and their TV Tune-In platform has experienced nearly 800,000 viewers for their second screen TV applications.Rogue Paper`s TV Tune-In platform allows users a second screen experience for a number of popular TV programs, sporting events and channels, to interact and comment with each other during live broadcasts. Since inception and launch, TV Tune-In has developed a number of apps based off the TV Tune-In platform, and as of now has experienced nearly 800,000 users running the mobile and web-based applications.”Creating and fostering a broad base of viewers on the second screen is a great way for broadcasters to enhance advertising revenues,” Stephanie Boyle, the CEO of Rogue Paper commented. “As we learn more from an expanding user base, we look forward to adding new ways for broadcasters to capitalize on their second screen audiences such as synchronized TV ads and deeper interactivity.”TV Tune-In`s social curation engine, a tool for creating a personal collection of messages from the social sphere to an authenticated user, is processing tens of thousands of messages and comments per live event to give users the best of the best content. It works to provide a tailored stream of information so that users don`t get lost in the wealth of data and irrelevant messages.For more information, time schedule and updates visit: www.roguepaper.comABOUT ROGUE PAPERRogue Paper, a subsidiary of ECDC, is a developer of TV Tune-In Application developed by Rogue Paper. TV Tune-In is a real-time, companion viewing and mobile app development platform for media companies to help drive viewership, conversation and interactions for television shows and content. TV Tune-In`s CMS allows media companies to develop branded iPhone and iPad apps for television shows and channels. Powering such category leading applications as MTV`s WatchWith and VH1`s Co-Star iPhone and iPad applications, users can actively comment along with their favorite show (live or time-shifted). The apps aim to attract fans around live viewing of their favorite show, event, or sports team. Users can actively comment, Tweet and Like their favorite show, chat with friends, play trivia games, watch exclusive video content, photos and more. BIODELIVERY SCIENCES INTERNATIONAL (NASDAQ: BDSI) “Up 16.50% on Thursday” Detailed Quote:
http://otcpicknews.com/emailmarketer/link.phpM940&N17&L94&F=T BioDelivery Sciences International is a specialty pharmaceutical company that is leveraging its novel and proprietary patented drug delivery technologies to develop and commercialize, either on its own or in partnerships with third parties, new applications of proven therapeutics.
BDSI is focusing on developing products to meet unmet patient needs in the areas of pain management and oncology supportive care. BDSI`s pain franchise currently consists of two products utilizing the patented BEMA technology. BDSI News:January 6 – BioDelivery Sciences Announces Worldwide License and Development Agreement with Endo Pharmaceuticals for BEMA BuprenorphinePatent extends exclusivity protection for BEMA Buprenorphine and BEMA Buprenorphine/Naloxone through 2027BioDelivery Sciences International, Inc. (NASDAQ: BDSI) announced the U.S..
Patent and Trademark Office (USPTO) has issued a Notice of Allowance of BDSI`s patent application (No. 13/184306) that, once formally granted, will extend the exclusivity of the BioErodible MucoAdhesive (BEMA) drug delivery technology for BEMA Buprenorphine and BEMA Buprenorphine/Naloxone from 2020 to 2027. A Notice of Allowance is issued when the USPTO has determined to grant a patent. Once the issue fee is paid, the final granting of the patent takes place, typically within a few months.As a part of BDSI`s recently signed BEMA Buprenorphine licensing and development agreement with Endo Pharmaceuticals (NASDAQ: ENDP), BDSI is entitled to a milestone payment in the amount of $15 million upon the final granting of this patent. “We are very pleased by the allowance of this patent application by the USPTO, that will not only provide non-dilutive capital to BDSI in the next couple months, but importantly extends the period of exclusivity, and thus the potential for a longer royalty stream, for BEMA Buprenorphine in its use for treating chronic pain following FDA approval and commercial launch,” stated Dr. Mark A. Sirgo, President and Chief Executive Officer of BDSI. “It is an added benefit that this patent upon granting will afford similar protection to BEMA Buprenorphine/Naloxone for the treatment of opioid dependence.””Endo is committed to serving as an integrated solutions provider for the development and commercialization of products focused on the management of pain,” said Dr. Ivan Gergel, M.D., executive vice president, R&D and chief scientific officer, Endo Pharmaceuticals. “And the allowance of the patent application is an exciting step in continuing Endo`s tradition of novel product development in the field of pain management.” BDSI expects the final granting of the patent and associated payment of the $15 million milestone within the next few months.ADARNA ENERGY CORPORATION (OTCBB: ADRN) “Up 100.00% on Thursday” Detailed Quote:
http://otcpicknews.com/emailmarketer/link.phpM940&N17&L56&F=T Adarna Energy Corporation, a technology development company, focuses on cleantech innovations designed to resolve ecological challenges while producing value added carbon neutral and negative products. It develops, licenses, and supports technologies and projects that reduce the carbon intensity of liquid fuels by reducing consumption of fossil fuels, increase use of sustainable raw materials and biofuels, and decrease production of wastes and emissions. Its technology portfolio includes various feedstock and product conditioning technologies, lipid and alcohol production and refining technologies, and carbon dioxide recycling and refining technologies. The company was formerly known as EcoSystem Corporation and changed its name to Adarna Energy Corporation in July 2011. Adarna Energy Corporation is based in Alpharetta, Georgia.ADRN News:No recent items. WOLVERINE EXPLORATION INCORPORATED (OTCBB: WOLV) “Up 25.00% on Thursday” Detailed Quote:
http://otcpicknews.com/emailmarketer/link.phpM940&N17&L57&F=T Wolverine Exploration Inc., an exploration stage company, engages in the acquisition and exploration of base and precious metal mineral properties in Labrador, Canada. The company explores primarily for copper and gold mineralization in sulphide. It holds a 90% interest in 449 mineral claims covering an area of approximately 11,225 hectares in central Labrador, Canada. The company was founded in 2006 and is based in Quesnel, Canada.WOLV News:No recent items. RECON TECHNOLOGY LIMITED (NASDAQ: RCON) “Up 13.85% on Thursday” Detailed Quote:
http://otcpicknews.com/emailmarketer/link.phpM940&N17&L58&F=T Recon Technology, Ltd. is a non-state-owned oil field service company in China. The company has been providing software, equipment and services designed to increase the efficiency and automation in oil and gas exploration, extraction, production and refinery for Chinese oil and gas fields for more than 10 years. RECON News:February 14 – Recon Reports Second Quarter 2012 Financial ResultsSecond Quarter Operating Income Recovers, Net Income Up More Than 100%Recon Technology, Ltd. (Nasdaq: RCON) (“Recon” or the “Company”), a Chinese non-state-owned oilfield services provider to oil and gas companies and their affiliates, today announced its financial results for the second fiscal quarter ended December 31, 2011.Second Quarter 2012 Highlights* Total revenues in the three months ended December 31, 2011 decreased slightly to RMB30.84 million ($4.85 million) from RMB32.18 million in the three months ended December 31, 2010. New business, much of it from existing clients, factored heavily in reducing declines in revenues. Total revenues in the six months ended December 31, 2011 decreased more significantly to RMB35.79 million ($5.62 million) from RMB53.98 million in the six months ended December 31, 2010, due largely to the deconsolidation of one variable interest entity (“VIE”) in 2010.* Net income attributable to ordinary shareholders for the second quarter of fiscal year 2012 was RMB1.40 million ($219 thousand), compared to a net loss attributable to ordinary shareholders of RMB20.68 million in the same quarter last year. Net loss attributable to ordinary shareholders improved from RMB19.83 million for the six month period ended December 31, 2010 to RMB2.01 million ($316 thousand) for the six month period ended December 31, 2011.* Adjusted EBITDA was RMB2.16 million ($339 thousand) for the three months ended December 31, 2011, up 121.41% compared to RMB(10.08 million) in the same quarter last year. Adjusted EBITDA was RMB(643 thousand) ($(101 thousand)) for the six months ended December 31, 2011, an improvement of 91.35% compared to RMB(7.44 million) in the same period last year.
* Diluted net income (loss) per share was RMB0.35($0.06) and RMB(0.51) ($(0.08)), respectively, for the three and six months ended December 31, 2011, compared to diluted net loss per share of RMB5.23 and RMB5.02 for respective periods ended December 31, 2010.”Recon has met a number of challenges over the last twelve months,” said Mr. Yin Shenping, CEO of Recon, “Jining ENI Energy Technology Co., Ltd.
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