PureSafe Water Systems, Inc. (OTCBB:PSWS)
PLAINVIEW, N.Y.—May 11-- PureSafe Water Systems, Inc. (OTCBB:PSWS):
Leslie J. Kessler, Chairman and CEO of PureSafe Water Systems, Inc. (OTCBB: PSWS), announced today that the company will introduce the production unit of its First Response Water System to shareholders as well as the public on June 2, 2010 at 4:00 p.m. at the Long Island Hilton Hotel located at 598 Broadhollow Road, Melville.
"We take great pleasure in welcoming our shareholders and the public to view the presentation of our production unit," said Ms. Kessler
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New Energy Systems Group (OTC Bulletin Board: NEWN)
NEW YORK and SHENZHEN, China, May 11 -- New Energy Systems Group (OTC Bulletin Board: NEWN), today announced that it will host a conference call at 8:00 AM ET on Friday, May 14, 2010, to discuss first quarter 2010 financial results. The call will be available on the Company's website at http://www.newenergysystemsgroup.com or by calling (877) 407-8033 for U.S. callers, or (201) 689-8033 for international callers.
A webcast will also be archived on the Company's website, and a telephone replay of the call will be available beginning approximately one hour following the call, through midnight, Friday, May 21, 2010, and can be accessed by calling: 1-877-660-6853 (U.S. Callers) or 1-201-612-7415 (International callers) and entering account # 286 and conference ID # 350737.
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ubroadcast, inc.(OTCBB: UBCI)
SAN DIEGO, CA -- 05/11/10 -- ubroadcast, inc.(OTCBB: UBCI), a leader in Internet Broadcasting, today announced that it has closed its merger with Alexandria, VA-based Santeon, Inc. (http://santeon.com/), a privately held, profitable developer of Business Process Management Software and Solutions. Santeon's clients include several state and local governments such as the State of Maryland, federal government such as the Department of Defense, as well as numerous private sector customers such as Sage Software, DHL and many dozens of Healthcare organizations. For 2009, Santeon had revenues of just under $4,000,000 and a net profit of $145,000. This merger with Santeon was consummated with common shares of ubroadcast stock.
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BrainStorm Cell Therapeutics Inc. (OTCBB: BCLI)
NEW YORK & PETACH TIKVAH, Israel—May 11-- BrainStorm Cell Therapeutics Inc. (OTCBB: BCLI), a leading developer of adult stem cell technologies and therapeutics provided today a review of fiscal 2009 and an update of its significant milestones achieved.
"Fiscal 2009 was an important year for BrainStorm," stated Chaim Lebovits, President of BrainStorm. "During 2009 we completed our ALS pre-clinical trials in accordance with Good Manufacturing Practice standards at the facility of Protein Production Services Limited and in 2010 we entered into a collaborative agreement with Hadassah Medical Center to conduct our ALS clinical trials at the Hadassah Ein Kerem Hospital."
"In addition, during fiscal 2009 and the first quarter of 2010 the Company strengthened its balance sheet and secured new capital from investors," continued Mr. Lebovits. "The money raised will allow us to fund the first phase of our clinical trials and sustain us through the end of the fiscal 2010 and into the start of fiscal 2011."
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Pro-Pharmaceuticals, Inc. (OTCBB: PRWP)
NEWTON, Mass.—May 11-- Pro-Pharmaceuticals, Inc. (OTCBB: PRWP) (the "Company"), today announced that it has closed the $570,000 final tranche to complete a $6 million private placement with 10X Fund, L.P., which is purchasing unregistered Series B convertible preferred stock and warrants.
At the 10X Fund closing, which occurred on May 10, 2010, the Company issued and sold 285,000 shares of Series B-2 preferred stock convertible into 1,140,000 shares of common stock, a Class A-1 and a Class A-2 warrant each exercisable to purchase 570,000 shares of common stock and a Class B warrant exercisable to purchase 2,280,000 shares of common stock, for a gross purchase price of $570,000. Net proceeds were approximately $536,000.
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