American Liberty Petroleum Corp. (OTCBB: OREO) reached up 20.37% in morning trading to $1.30 with 180K shares traded. American Liberty is a publicly traded company focused on reducing America’s need for imported oil through discovering major, new onshore US energy resources and by tapping overlooked or undervalued onshore domestic resources through exploration and development technologies not previously available. Recent significant discoveries, such as Occidental Petroleum's estimated 1+ billion barrels of oil and natural gas equivalents in California*, underscore the potential for developing new oil and gas production solutions in western America. American Liberty Petroleum Corp. (OTCBB: OREO) announced on Monday the appointment of energy industry veteran Vincent Ramirez to the Company's management team in the position of VP Operations.
Palatin Technologies, Inc. (NYSE Amex: PTN) reached up 15.60% in morning trading to $.085 with 100K shares traded. Palatin Technologies, Inc. is a biopharmaceutical company developing targeted, receptor-specific peptide therapeutics for the treatment of diseases with significant unmet medical need and commercial potential. Palatin's strategy is to develop products and then form marketing collaborations with industry leaders in order to maximize their commercial potential. Palatin Technologies, Inc. (NYSE Amex: PTN) today announced it has completed enrollment in its Phase 2B clinical trial evaluating the efficacy and safety of bremelanotide for treatment of female sexual dysfunction (FSD).
Active Power, Inc. (NASDAQ: ACPW) reached up 7.48% in morning trading to $.79 with 2M shares traded. Active Power designs and manufactures continuous power solutions and critical backup power systems that enable datacenters and other mission critical operations to remain 'on' 24 hours a day, seven days a week. Active Power solutions are intelligently efficient, inherently reliable and economically green, providing environmental benefits and energy and space efficiencies to customers' financial benefit. The company's products and solutions are built with pride in Austin, Texas, at a state-of-the-art, ISO 9001:2008 registered manufacturing and test facility. Global customers are served via Austin and three regional operations centers located in the United Kingdom, Germany, and China, supporting the deployment of systems in more than 40 countries. Active Power, Inc. (NASDAQ: ACPW) announced that it has priced and closed an offering of 14,336,912 shares of its common stock at $0.68 per share. The gross proceeds to Active Power from the sale of the shares, before expenses of approximately $100,000, are expected to be approximately $9,749,100. All of the shares in the offering were sold by Active Power, Inc., directly to Kinderhook Partners, LP, and Ardsley Partners (including certain affiliated funds).
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