Austin, TX 12/15/2007 12:00:00 AM
Speak with other shareholders about: (OTCBB: CNUV), (Nasdaq: LVLT), (OTCBB: DCFF), (Nasdaq: NBIX), (OTCBB: VCTPF).
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China Nuvo Solar Energy, Inc. (OTCBB: CNUV), down 4% on 1 million shares, said yesterday that it believes its licensed technology offers significant improvements over currently available solar technology. The science used in Nuvo's solar cell technology, based on an invention titled "Photovoltaic cell with integral light transmitting waveguide in a ceramic sleeve," can utilize a variety of materials that are powders layered in a ceramic sleeve with a copper back contact. China Nuvo Solar Energy, Inc. is a development-stage company that has acquired a license for exclusive worldwide rights to a unique solar cell technology and is developing a pilot manufacturing facility in Chengdu, Sichuan, China.
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Level 3 Communications Inc (Nasdaq: LVLT), up .61% on 17 million shares, a communications company, announced yesterday that the company's Content Markets group has been selected by Crackle Inc, a video entertainment network and a Sony Pictures Entertainment Company, to support the company's high-quality video delivery service. Under the terms of the multi-year agreement, Level 3 will provide Crackle with underlying network solutions including High Speed Internet Access via multiple 10 Gigabits per second (GigE) ports and colocation services. These are expected to enable Crackle's continued growth and provide a better experience for Crackle's customers through improved speed and reliability. Financial details were not disclosed.
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Zevotek, Inc., a wholly owned subsidiary of Diet Coffee, Inc. (OTCBB: DCFF), up 20% on 1 million shares, announced yesterday that it has received an repeat purchase order of its Ionic Bulb air purifying light bulb from its exclusive Russian distributor. The agreement was facilitated by Moscow, Russia based Windfall Media Ltd., Zevotek's exclusive distributor for the Ionic Bulb in the Russian markets. Adam Engel, Chief Executive Officer of Diet Coffee, stated, "We are pleased to announce that we have received a new purchase order from Windfall Media, our exclusive distributor in Russia. This indicates to us that our Ionic Bulbs are gaining market acceptance and that end users are seeking to purchase them."
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Neurocrine Biosciences, Inc. (Nasdaq: NBIX), down 48% on 15 million shares, announced yesterday staff reductions of approximately 130 employees at its San Diego campus, as a part of its restructuring program to prioritize its research and development programs and associated costs and expenses after the setback on indiplon. Following these reductions, Neurocrine will have approximately 120 employees.
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Valcent Products Inc. (OTCBB: VCTPF), up 7% on 1 million shares, announced Wednesday that the Vertigro Joint Venture has released initial test results from its high density bio mass (algae) field test bed plant located at its research and development facility in El Paso, Texas. During a 90 day continual production test, algae was being harvested at an average of one gram (dry weight) per liter. This equates to algae bio mass production of 276 tons of algae per acre per year. Achieving the same biomass production rate with an algal species having 50% lipids (oil) content would therefore deliver approximately 33,000 gallons of algae oil per acre per year.
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