Dallas, TX 12/13/2007 8:07:13 AM
News / Finance

Beacon Equity Research reports on the OTC and OTCBB Trade Leaders: BioTime, Inc. (OTCBB: BTIM), Heartland Oil and Gas Corp. (OTCBB: HTOG), Gold River Productions, Inc. (OTC: GRPS), Dixie Lee International Industries, Inc. (OTC: DLII), and Viyya T ...

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BioTime, Inc. (OTCBB: BTIM) Up 2.70% on Wednesday

 

December 12, 2007 - BioTime, Inc. Announces the Formation of Embryome Sciences, Inc. for the Development and Commercialization of Stem Cell Technology

 

BioTime, Inc. (OTCBB:BTIM) today announced that it has organized a new subsidiary, Embryome Sciences, Inc. The mission of the new company is to participate in the emerging field of regenerative medicine known as "embryomics".

 

"Human embryonic stem cells are capable of becoming all of the thousands of different cell types in the body," said Michael West, Ph.D., Chief Executive Officer. "And since embryonic stem cells can now be derived in a noncontroversial manner, they are increasingly likely to be utilized in a wide array of future therapies to restore the function of organs damaged by degenerative diseases such as heart failure, stroke, and diabetes. The future challenge for regenerative medicine is to navigate the complexity of human development and manufacture purified populations of desired cell types. Embryomics(TM) represents the merger of new technologies in the field of genomics with the biology of embryonic stem cells to provide scientists with a detailed "roadmap" of the human developmental tree, the factors to push the cells into desired lineages, and tools to purify the desired cell types.

 

BioTime believes that the development of products in the embryomics sector may allow Embryome Sciences to commercialize products more quickly, using less capital, than developing therapeutic products from stem cells. Embryome Sciences' plan is to market its products and services to companies and academic researchers in this growing industry to provide them with the tools they need to attain their goals.

 

The new BioTime subsidiary plans to launch three kinds of research products in the next two years. The first product is a commercial database that will provide the first detailed map of the embryome, thereby aiding researchers in navigating the complexities of human development and in identifying the many hundreds of cell types coming from embryonic stem cells. This map of the human and mouse embryome will take the form of a relational database that would permit researchers to chart the cell lineages of human development, the genes expressed in those cell types, and antigens present on the cell surface of those cells that can be used in purification. Embryome Sciences plans to launch this web-based database in January 2008. The new website may also be used to market stem cell research products developed by Embryome Sciences and by other companies.

 

Second, in order to manufacture specific cell types from embryonic stem cells, researchers need to use factors that induce those cells to become a desired cell type. Embryome Sciences plans to develop growth and differentiation factors that can do this, and hopes to launch the first of these products beginning in 2008.

 

The third category of near-term embryomics products that Embryome Sciences will pursue, to be launched beginning in 2009, is a line of purification tools useful to researchers in quality control of products for regenerative medicine.

 

Heartland Oil and Gas Corp. (OTCBB: HTOG)  Up 2.27% on Wednesday

 

Detailed quote: http://beaconequityresearch.com/HTOG

 

December 11, 2007 - Heartland to Connect Newly Completed Wells in Kansas - Additional Production to be Delivered to Sales Line

 

Heartland Oil and Gas Corp. (OTCBB:HTOG) (FWB:HOCA) will this week install surface equipment and initiate production from the 5 coalbed methane wells it completed in Southeastern Kansas last week.

 

The five wells completed in Kansas last week, including the Warring 31-8, Peckman 23-8, Peckman 22-8, Prothe 43-1 and Clausen 23-6, are located in Heartland's Lancaster pilot in Miami County, Kansas. These wells were perforated and frac'd in multiple coal zones and the Warring 31-8 was also completed in a very promising sand zone. They are expected to substantially increase the overall production from this pilot. They will be equipped with pumping units and connected to Heartland's expanding gathering system and turned to production as soon as the flow lines are installed.

 

"We have drilled 20 new wells in Kansas and now 10 of them will have been turned to production," reports Heartland CEO, Steven A. Fall. "We nearly doubled our overall production with the connection of the first 5 wells. When we first assumed control at Heartland, the production was about 200 mcfg/d and now we are at about 500 mcfg/d and we are continually improving our techniques and processes and retaining local professionals and experienced consultants in order to achieve even better results as we proceed. The expansion of our gathering system is also opening many more of our leases for further development."

 

Gold River Productions, Inc. (OTC: GRPS) Up 20.00% on Wednesday

 

Detailed quote: http://beaconequityresearch.com/GRPS

 

December 12, 2007 - Gold River Productions, Inc. Announces Wireless Carrier Approvals, Sale of Digital Media Through Internet Radio Stations, and Board Approval for Forward Split

 

Gold River Productions, Inc. (PINKSHEETS: GRPS), a multi-media entertainment and digital content wireless distribution company, announced today it has received approval for the wireless delivery of Gold River Productions Christian content library (http://www.christianringtunes.com/), featuring ringtunes/ringtones, wallpaper and full length MP3 digital media from Sprint, AT&T/Cingular and Alltel. In addition T-Mobile and Dobson have been provisioned.

 

"We are currently testing with Verizon and expect approval on or before February 12, 2008," explains Bruce Caplin, CEO. "We are excited to be weeks away from the US launch of our 'MYGOD' (69463) short-code marketing campaign."

 

Gold River Productions is also preparing for the launch of downloadable full length singles and albums through its worldwide internet Christian radio stations; http://www.highestpowerradio.com/ and HigherPowerRadio.com. Caplin says, "This is a proven market; we are bringing to the listeners the opportunity to purchase the music they are listening to on our radio stations. The programming that we are playing is not available anywhere else at the quality we stream, and the singles and albums for download are not available on iTunes or other venues, thus up-and-coming artists now have a platform for the sale of their music on a worldwide scale."

 

Gold River Productions, Inc. also announced today that its board of directors has approved a two-for-one forward stock split of the company's common stock, with the record date to be announced soon.

 

The board and the consenting majority stockholders believe that the forward split is in Gold River's best interests, principally because it may ultimately increase the trading price of the common stock as more shares will be available for the marketplace. An increase in the price of the common stock may, in turn, generate greater investor interest, thereby enhancing the marketability of common stock to the financial community.

 

Dixie Lee International Industries, Inc. (OTC: DLII) Up 5.33% on Wednesday

 

Detailed quote: http://beaconequityresearch.com/DLII

 

December 12, 2007 - Dubai, the Window to the World, Welcomes Dixie Lee

 

Dixie Lee International Industries, Inc. (PINKSHEETS: DLII), parent company of the 40-year-old "Dixie Lee" brand name, with more than 80 franchised restaurants open, announced today that it will launch a flagship Dixie Lee Chicken & Seafood Restaurant in Dubai with Ahmad Nosratabadi, Dixie Lee's Middle-East Master Franchisee. The restaurant is positioned to open in February 2008.

 

Mr. Nosratabadi plans to establish the Dixie Lee Chicken & Seafood chain in 10 markets throughout the Middle East, including plans for Kuwait and 5 additional restaurants in the UAE in the next two years. The company aims to establish 30 restaurants over the next 5 to 8 years.

 

"The launch of our flagship Chicken & Seafood location in Dubai is an important milestone in our goal to expand our global footprint. The city's inhabitants span 120 nationalities and Dubai hosts 10 million tourists every year, but it is the quality of the demographics that we find most intriguing. Dubai is a hub where many of the world's most capable and very progressive business leaders meet.

 

"Middle Eastern traditions and its passion for 'Western-style' comfort food were a great motivating factor for us to introduce the Dixie Lee Chicken & Seafood experience to the region," said Joe Murano, Dixie Lee CEO.

 

Dixie Lee Executive Vice President, David Silvester added, "On behalf of Dixie Lee, I would like to thank Ahmad Nosratabadi for his contribution towards the roll-out of what we believe will be an extensive expansion of our Dixie Lee Chicken & Seafood Restaurant subsidiary in the Middle East. Since Dubai is considered to be the 'window to the world,' this restaurant will enable us to prove Dixie Lee's brand acceptability within a diverse cultural and social mix, and provide a potential gateway to the other Middle Eastern markets and the North Africa region. We intend to launch our newest subsidiary division, 'Dixie Lee Diner,' in the Middle East once we've established our Dixie Lee brand in Dubai."

 

Viyya Technologies, Inc. (OTC: VYON) Up 4.00% on Wednesday

 

Detailed quote: http://beaconequityresearch.com/VYON

 

December 12, 2007 - Viyya Technologies Signs Contract With a Major Political Campaign Committee

 

Viyya Technologies, Inc. (PINKSHEETS: VYON), the developer and marketer of the world's most advanced, web-based information management application, is pleased to announce a contract signing with a New York political campaign committee for the aggregation and dissemination of customized information for their user community.

 

Campaign officials and Viyya have worked for several months on a two-step approach to deliver the customized solution. Viyya will provide a proprietary platform consisting of information viewers, customized content, and email alert and notification -- all in a Web 2.0 user collaboration environment. The two-step process will first include the needs of the search and retrieval objectives of the committee's internal operations then step two will extend these capabilities to external users.

 

The committee's Executive Director explained: "The facts are clear. The Internet provides us with information that is increasing rapidly. Using Viyya's market leading technology in this innovative application along with its web-intermediary services will help us process and organize information on a daily basis."

 

"Committee officials know the value of relevant real-time information," said John Bay, President of Viyya. "We are extremely pleased to be implementing our solution with this group. Their commitment to support their constituents with daily updates and factual information is a breath of fresh air in today's complex political world."

 

Under the terms and conditions of the contract, customized implementation of VIYYA PRO and VIYYA P2P products will begin immediately with the first step being delivered to internal staff by January 15, 2008.

 

The second step of the rollout will include daily custom updates and viewer access from virtually any digital source or web site to the political group's millions of registered end users.

 

This Viyya contract includes a fixed fee for the development of step one and the opportunity to generate an annualized user fee from the political group's registered end users that become registered users of the VIYYA PRO and VIYYA P2P products.

 

Due to the strict confidentiality agreement in place between the parties, Viyya is not permitted to disclose the group's name at this time.

 

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