American Video Teleconferencing Corp. (OTCPK:AVOT)
AVOT is pleased to announce that it has hired a French speaking geologist to search the archives of the Quebec Department of Mines for Rare Earths showings not on a current computer file. AVOT believes the rare earths industry is where it wants to maintain a very strong focus and is looking to expand its holdings. As neither the Federal nor Quebec Governments have carried out any air borne surveys in this area, AVOT will seek a contractor to do an air borne Mag-EM radiometric survey. This survey will cover its present holdings and the immediate surrounding area looking for future acquisitions. We are pleased to be working in the Province of Quebec as it is rated the number one jurisdiction in the world to carry out mineral exploration. The Quebec Government gives a rebate up to 45% for property expenditures.
China has been one of the main supplier to the US of the Earth's rare mineral supplies, with these rare minerals American manufacturers are able to make high-tech products such as cell phones, wind turbines, and guided missiles, but all that might come to a screeching halt now that China has stopped supplying the material, the New York Times has reported.
In the wake of China's decision America now must look for other sources, that will be more reliable for our future needs, and AVOT may just be the new source, here's why.
AVOT believes the rare earths industry is where it wants to maintain a very strong focus and is looking to expand its holdings. AVOT is currently looking for these Rare Earths Minerals in Canada, the US's Northern neighbor.
AVOT is seeking a contractor to do an air borne Mag-EM radiometric survey for its present holdings and the immediate surrounding area looking for future acquisitions. AVOT is pleased to be working in the Province of Quebec as it is rated the number one jurisdiction in the world to carry out mineral exploration. TAChe Quebec Government gives a rebate up to 45% for property expenditures.
Presently AVOT is in the final stage of negotiations with Kondor Gold Pyt. in Australia.
AVOT is aggressively carrying out searches world-wide for opportunities in Precious, Base and Rare Earths metal projects.
Auxilium Pharmaceuticals Inc. (Nasdaq:AUXL) posted a smaller third-quarter loss on Thursday November 4, 2010 as the biopharmaceutical company saw sales gains for both its marketed products. The Malvern, Pa., company lost $12.8 million, or 27 cents per share, in the three months that ended Sept. 30. That compares with a loss of $14.9 million, or 35 cents per share, in the third quarter of 2009.
Auxilium Pharmaceuticals, Inc., a specialty biopharmaceutical company, focuses on developing and marketing products to urologists, endocrinologists, primary care physicians, hand surgeons, rheumatologists, and orthopedic, general, and plastic surgeons primarily in the United States.
Intersil Corporation (Nasdaq:ISIL) introduced a version of its popular breakthrough ISL8200M DC/DC power module designed for defense, harsh environment and avionics applications.
The ISL8200MM point-of-load DC/DC power module complies with specifications of the Defense Supply Center (DSCC) VID V62/10608. It provides a complete switch-mode power supply in a single package with full mil-temp electrical performance from -55Â°C to +125Â°C and is built using a tin-lead finish to assure optimal long-term reliability. Full traceability is provided through assembly and test by date/trace code assignment, and Intersil provides enhanced process change notification. Combined with parallel load current scalability and extended leads on its QFN package, the ISL8200MM is ideal for defense communications equipment, radar, sonar, defense ground vehicles and smart ordinance applications.
Intersil Corporation is a leader in the design and manufacture of high-performance analog, mixed signal and power management semiconductors. The Company's products address some of the fastest growing markets within the communications, computing, consumer and industrial industries.
BioMarin Pharmaceutical Inc. (Nasdaq:BMRN) announced that six holders of its 2.50% Convertible Senior Subordinated Notes due 2013 have agreed to exchange $87.0 million in aggregate principal amount of the notes for approximately 5.25 million shares of the Company's common stock. The notes represented approximately 50% of the previously outstanding principal amount.
BioMarin develops and commercializes innovative biopharmaceuticals for serious diseases and medical conditions. The company's product portfolio comprises four approved products and multiple clinical and pre-clinical product candidates.
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