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BioCurex (OTCBB: BOCX) continues to issue positive news this week. Yesterday, Jan. 14th 2008, at the open, Ken Weiner, publisher of Shazamstocks, announced profile coverage of BioCurex (http://biz.yahoo.com/pz/080114/134226.html)
They also recently released a press release states that more than three years of testing by BioCurex has confirmed RECAF's high degree of clinical sensitivity and specificity in detecting various types of cancer, even when the disease is at its earliest stage. RECAF (the receptor for alpha-fetoprotein) is a wide-spectrum marker present in malignant cancer cells and absent in most normal cells, allowing it to play a major role in the development of new diagnostic tests for prostate, breast, colorectal, lung and other cancers.
Under terms of the license agreement, Inverness Medical Innovations will obtain semi-exclusive worldwide rights to commercialize products using this technology. BioCurex will be paid up-front fees, product and development milestones plus royalties on product sales.
According to the World Health Organization, more than 10 million people are diagnosed with cancer every year, and this number is expected to reach 15 million in a dozen years. The RECAF technology becomes hugely significant when considering that the chance of a cure increases substantially if the disease is detected early (i.e. the five-year survival rate for breast cancer ranges from 87% at Stage 1 to only 13% at Stage IV). Cancer screening and recurrent evaluations are anticipated diagnostic applications for the RECAF cancer marker.
''BioCurex's RECAF technology has the potential to revolutionize cancer detection by differentiating malignant cells from healthy ones. For this reason, we are delighted to be partnering with one of the world's leading developer/manufacturers of advanced diagnostic products. With major facilities in the U.S., Europe and Asia, Inverness Medical Innovations has an impressive reputation for aggressive and innovative consumer marketing. We are especially looking forward to be working with them on expanding and implementing our RECAF technology on future cancer tests,'' said Ricardo Moro, M.D., BioCurex's CEO.
“Yesterday the stock closed at 0.68”.
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Global Warming Solutions, Inc. (Pink Sheets: GWSO) (January 14th) Global Warming Solutions, Inc. - a developer of technologies aimed at mitigating the effects of global warming - today announced that the company has acquired the Wave Electric Power Station (WEPS) technology from an affiliate of Coral-Invest Technologies.
The WEPS utilizes floating electrical generators deployed in the ocean. The generators capture the energy from the movement of the sea waves and convert it into electricity that is then transmitted back to shore. Each generator can produce up to 100KwH.
The WEPS offers a clean, replenishable and inexhaustible energy source at a fraction of the cost of conventional energy generation. Given the dense populations of coastal areas worldwide - and demand for alternative energy sources - the WEPS has the potential to meet the needs of a huge and growing market.
"We are extremely pleased to have added the WEPS technology to our portfolio and believe that it marks an important milestone for the company as we enter another area of renewable energy," said Dr. Vladimir Vasilenko, CEO of Global Warming Solutions, Inc. "The WEPS is a completely self-sufficient energy generating technology that can be deployed in the most important regions of the world."
The WEPS floating generators are produced from recycled plastic. According to Dr. Artem Madatov, the inventor of the technology, a 1000-meter WEPS would produce 15 MW with 10% co-efficiency - enough electricity for a population of 30,000.
Global Warming Solutions plans to develop a marketing package for the WEPS and license the technology to licensees around the world.
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Paid, Inc. (OTCBB: PAYD) (Mon, January 14th, 2008, 7:45am ET) Paid, Inc. today received an Issuance Notification from the U.S. Patent & Trademark Office (USPTO) stating that the USPTO has issued Patent #7324968 to Paid, Inc., which will be effective on January 29, 2008, for a "Method and System for Improved Online Auction" for real-time calculation of shipping costs for items purchased online using a zip code as a destination location indicator. The patent covers shipping charge calculation methods across multiple carriers, and accounts for additional characteristics of the item being shipped, such as weight, special packaging, handling, and insurance costs.
Paid's patent and related enterprise and retail software products include shipping calculation methods for online auctions and e-commerce, which is a vast marketplace. In 2006, the auction sector had several billion items listed on online auction platforms and online auctions are estimated to exceed $329 billion in sales by 2010.
Paid will not be limited to licensing its software solely to online auction companies and expects to pursue licensing with a broad range of ecommerce companies that contributed to the $146.5 billion in online retail sales in 2006 (statistic from Forrester Research and Shop.org's State of Retailing Online 2007).
The patent application was filed in May of 2000 and represents a major achievement for Paid, Inc., and its shareholders.
"Paid invested millions of dollars and thousands of man hours over the past 6.5 years on research and development, the patent and related products," said Greg Rotman, Paid, Inc., CEO. "We are grateful for all the hard work and support put forth by our shareholders, Thomas E. Anderson of our patent law firm Hunton & Williams, LLP, and The Paid Inc. R&D team, with a special thanks to John Martin, Richard Rotman and Doug Sherman."
The company will provide further details after the patent's effective date. Detailed information on the features and benefits of Paid's aiShip online shipping calculation product line is available at www.paid.com. Parties wishing to license Paid's aiShip online shipping calculation software may contact Doug Sherman, Paid Inc., doug@paid.com, (508) 791-6710.
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IntelliHome Inc. (OTCBB: IHME) (Mon, January 14th, 2008, 9:30am ET) IntelliHome Inc. (www.intellihomeinc.com), a leader in the field of intelligent home solutions, has been awarded a new Westin Homes and Properties project in the Brazos Town Center Subdivision located in Richmond, Texas.
The project calls for IntelliHome to provide installation of structured wiring and home security monitoring equipment for all Westin homes built in the Brazos Town Center Subdivision. The Brazos Town Center community is utilizing the AT&T fiber network to distribute voice, data and HDTV throughout the neighborhood with a predetermined structured wiring and home security monitoring equipment package for each home. Initial purchase orders under the project have been received and project services commenced with completion of the project expected in late 2010.
"We are extremely excited to continue to expand our relationship with Westin Homes. We feel that Westin Homes and Properties is a leader in the construction and sale of high-tech homes in the Greater Houston market, and this project will be a showcase property which will result in increased opportunities to provide additional home technology products and services to each homeowner," stated Mark Trimble, President & CEO for IntelliHome, Inc.
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Silver Dragon Resources Inc. (OTCBB: SDRG) (Mon, January 14th, 2008, 8:00am ET) Silver Dragon Resources Inc. is pleased to announce the discovery of two mineralization areas on its Dadi Property, approximately 300 metres apart from each other, each hosting multiple parallel silver-lead-zinc mineralization zones. Ground prospecting, mapping, geochemical and geophysical surveys have outlined two significant exploration targets. Field crews have identified two separate areas of mineralization. Highlights from the surface discoveries include the following:
West Mineralized Area highlights (surface trench data): 25.3 metres averaging 357.4 g/t Ag, 2.56% Pb and 0.26% Zn 2.80 metres averaging 841.8 g/t Ag, 2.50% Pb and 0.58% Zn
East Mineralized Area highlights (surface trench data): 5.90 metres averaging 740.6 g/t Ag, 5.85% Pb and 0.82% Zn 5.80 metres averaging 691.9 g/t Ag, 3.11% Pb and 2.03% Zn Within the West Mineralized Area, surface trenches revealed nine (I - IX) parallel Ag-Pb-Zn zones with total cumulative thickness of 66.2 metres. Within the East Mineralized Area, surface trenches revealed six (X - XV) parallel Ag-Pb-Zn zones with total cumulative thickness of 20.3 metres. Table 1 below provides assay results of the West and East mineralization areas and Figure 1 below illustrates the trenches and corresponding zones discovered at the West mineralization area.
A file archive graphic of the Dadi Trench Map with West
Mineralized Area is available at http://media.primezone.com/cache/8700/file/5111.jpg
All trenches were orientated perpendicular to the strike of the mineralization. Surface rock exposed in the trenches was partially oxidized and in several cases, shorter trenches near the main trench, were dug to expose the fresh unoxidized mineralization. In most cases the deeper trenches recorded assays higher than those taken at the surface in the main trench For example, a 1.8 metre trench near the main trench through zone IX, assayed 754.7 g/t Ag, 6.69% Pb and 0.42% Zn. Most of these deeper trenches were not taken within the main trench illustrated in the diagram above, and thus do not account in the assays provided in the table.
The newly discovered mineralization in both areas appears to be sub-parallel to the bedding and potentially steeply dipping to near vertical. The boundaries of mineralization are gradual and identification of the total thickness was obtained through assays versus visual inspection. A geophysical survey carried out over these areas also suggests a near vertical dip and indicates a strike length of 1,000 metres for the West area and 1,250 metres for the East area.
The geochemical and geophysical surveys during this past season were successful in identifying significant new targets at Dadi. These discoveries will be followed up with a detailed exploration plan, including drilling to determine the potential size of these areas as the 2008 field season begins. Field exploration will also look for additional potential, particularly in areas where there is soil cover. The Dadi Project has 60%-70% soil cover, and with these new discoveries, a focused effort will determine the potential in the soil covered areas. Silver Dragon is compiling additional geology maps and sections for Dadi which will be placed on the website upon completion.
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