BioDelivery Sciences International Inc. (Nasdaq:BDSI) announced that Dr. Mark A. Sirgo, President and Chief Executive Officer, presented at the 13th Annual BIO CEO & Investor Conference at the Waldorf Astoria in New York City. Dr. Sirgo focued on BDSI’s product pipeline, with a particular focus on BEMA Buprenorphine for the treatment of chronic pain and opioid dependence. The presentation was webcast live and can be accessed at bdsi.com. For those who are not available to listen to the live broadcast, the presentation will be archived for 3 months.
BioDelivery Sciences International, Inc. operates as a specialty pharmaceutical company in the United States. The company focuses on developing products in the areas of pain management and oncology supportive care.
Proper Power & Energy, Inc. (OTC:PPWE)
Proper Power & Energy, Inc. has announced that it has been approached by two independent financing groups and has submitted a $10 million private placement memorandum to each of them. These two groups are seeking domestic oil and gas production in light of the Middle East tensions.
"The timing to acquire oil and gas properties while gas prices are low couldn't be better. Additionally, the availability of this funding for developing Proper Power's Kentucky and Utah oil prospects will accelerate 2011 revenues and leasehold acreage growth dramatically. We anticipate feedback from both of the financing groups before the end of this month," stated Andrew J. Kacic, President of PPWE.
Proper Power & Energy, Inc. announced recently that its wholly owned subsidiary, American Resources, Inc. (NYSE:ARI), has begun production on its 87.5 acres in Western Kentucky.
ARI has completed the re-work on all 4 wells, with those wells online and pumping. "This is an exciting day for us," stated Proper Power President, Andrew Kacic. "This is the beginning of production for Proper Power in Kentucky, and we look forward to increasing our presence."
In Kentucky, Oil and gas are produced from more than 1,500 pools from rocks of Cambrian to Pennsylvanian age. Most oil is produced from Mississippian limestone and sandstone in eastern and western Kentucky or from Ordovician limestone and dolomites in southern Kentucky. Most natural gas is produced from the Devonian black shale in eastern Kentucky.
Kentucky's existing oil and gas infrastructure is extensive. Finding and production costs are low due to the occurrence of shallow resources. Kentucky is centrally located for access and distribution to northern and eastern industrial markets.
Utah ranked 11th in the United States in crude oil proved reserves and 8th in natural gas proved reserves (not including Federal Offshore areas) in 2008. Utah ranked 13th in the United States in crude oil production and 9th in gross natural gas production (not including Federal Offshore areas) during 2008. Utah contains four of the Nation's 100 largest oil fields, two of its 100 largest natural gas fields (2008). Utah has approximately 3,200 producing oil wells and 5,700 producing natural gas wells.
Proper Power & Energy, Inc. maintains 10,000 plus acres of leased land in Central Utah, and last year announced the results of its initial review of seismic data. This was on the heels of Thrust Resources' Radiometrics Plus data suggesting the existence of huge pay zones in the Valley.
PPWE has begun production on its Kentucky oil asset, in addition to the 11,000 acres leased for its exploratory prospect in Utah. The Utah prospect has the potential for over 75 wells. PPWE believes the Utah property holds very substantial recoverable reserves, indicated through seismic and radiometric analysis.
Proper Power & Energy, Inc. was formed in 2006 as an exploration and production company for oil and gas. PPWE is committed to utilizing a very dynamic system of research and testing, and as a result of this extensive research and testing, have selected several sites with very good to excellent potential for productivity.
To learn more about PPWE visit: http://properpower.com
inContact, Inc. (Nasdaq:SAAS) a provider of on-demand call center software and call center agent optimization tools, announced a new customer win that expands its growing foothold in the healthcare market segment. A regional healthcare delivery network, consisting of hospitals and health centers, selected the inContact call routing and workforce optimization (WFO) solutions to power its patient scheduling, billing and nurse consultation departments.
inContact, Inc. provides cloud computing contact center services and network connectivity in the United States. was founded in 1994 and is based in Salt Lake City, Utah.
American Video Teleconferencing Corp. (OTCPK:AVOT)
American Video Teleconferencing Corp. is pleased to announce this month that Wayne Lockhart, BSc. Geology, has joined the company as special geological advisor to AVOT for advancing the company's exploration programs on its newly acquired rare earth property in Quebec. Mr. Lockhart has over 35 years experience in the mining business having worked for Falconbridge and Phelps Dodge in eastern Canada, Anglo American Corp.(DeBeers) in Africa and Benguet Cons. in the Philippines. Mr. Lockhart in addition to being a lecturer at the University of New Brunswick in Geology, has developed programs for the United Nations (UNDP). Mr. Lockhart is an Honorary Director of the Prospector and Developers Association of Canada (PDAC), a founding and former member of the Association of Exploration Geochemists and a Member of the Society of Economic Geologists. AVOT is looking forward to this new relationship with Mr. Lockhart as he will be able to provide the guidance, expertise and leadership that will be needed moving forward, as he has had many years experience working in the province of Quebec.
Québec is one of the top 10 mineral producers in the world. Specifically, it is :
* The second largest producer of gold and iron in Canada
* The second largest producer of metallic substances in Canada
* The second largest producer of industrial minerals and construction materials in Canada
* The world's second largest producer of niobium
In 2009, for the third consecutive year, Québec’s excellence in the mining field received international recognition when Vancouver’s Fraser Institute ranked the province first in the world for its favourable mining environment, based mainly on its mining policies and mineral potential.
Québec’s strength lies not only in its raw materials, but also in the excellence of its labour pool, training institutions and specialist research centres. In addition, it is a world leader in the capture and processing of geoscientific data.
AVOT is aggressively carrying out searches world-wide for opportunities in Precious, Base and Rare Earths metal projects.
Icagen, Inc. (Nasdaq:ICGN) announced that, following a review of data from recently completed clinical studies as well as the Company's proposed protocol for a Phase II clinical trial in patients with treatment resistant epilepsy, the FDA has notified the Company that the clinical hold on Icagen's IND for ICA-105665, a novel orally available small molecule KCNQ potassium channel agonist, has been removed. "We are pleased with the FDA's action and will shortly be determining the next steps in the clinical development of our epilepsy drug candidate, ICA-105665," noted President and CEO P. Kay Wagoner.
Icagen, Inc. is a biopharmaceutical company based in Research Triangle Park, North Carolina, focused on the discovery, development and commercialization of novel orally-administered small molecule drugs that modulate ion channel targets.
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