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CTC Media, Inc (Nasdaq:CTCM) announced the launch of its new social television network Videomore (www.videomore.ru). Videomore is an interactive video platform that will provide free access to content from CTC Media’s three Russian channels — CTC, Domashny and DTV. Videomore uses the latest high-end technology, which facilitates the provision of unique additional features, combining the functionality of a classic video streaming portal with the interactivity of a social network. As well as providing standard options such as watching and commenting on video clips, users will also be able to chat and create ‘video quotes’ from Videomore videos, which can then be exported to external social networks, blogs and other websites.
CTC Media, Inc. operates television networks that offer entertainment programming in the Russian Federation. The company operates CTC Network targeted at 6-54 year-old viewers; Domashny (Home) Network targeted at 25-60 year-old women.
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Douglas Lake Minerals Inc. (DLKM.OB)
Douglas Lake Minerals Inc. recently announced that the company has received approval from its Board of Directors to both enter into and immediately close upon the terms and conditions of a certain Mineral Property Acquisition Agreement (the “Acquisition Agreement”), with IPP Gold Ltd. (”IPP Gold”), to acquire a 100% interest in four prospecting licences (the “PLs”), totaling approximately 800 square kilometres, located in the Handeni District of Tanzania and which are owned or controlled by IPP Gold and its affiliates.
“This new Acquisition Agreement with IPP Gold represents a significant step forward for the Company. Along with our new partners at IPP Gold, we will map out our new strategy and course of action over the coming weeks and months. The Handeni District has become alive with activity since the extraordinary drilling results from Canaco Resources have placed this region on the world stage. We plan to focus our energy and resources on the exploration and potential development of this new acquisition. Our aim is to direct Douglas Lake down a path towards success.” stated Harp Sangha, CEO of DLKM.
On September 13, 2010 Canaco announced significant new exploration developments including the identification of important new parallel trends of gold mineralization and discovery of a new mineralized zone five kilometres W/NW of the Magambazi Gold Discovery. Early results from the regional exploration on the Handeni Gold Trend indicate the work program has already made significant progress in identifying new gold targets and upgrading the potential of previously identified gold zones. Over the past month, the regional program has included over 3000 metres of Reverse Circulation (”RC”) drilling, approximately 10,000 metres of reconnaissance Rotary Air Blast (”RAB”) drilling, a detailed airborne survey, detailed mapping of some of the key target areas defined to date and geochemical interpretation. The Handeni Gold trend is now recognized as consisting of at least two, parallel gold trends with a combined strike length of over 15 kilometres.
In April 2010, TD Newcrest, A Division of TD Securities, initiated coverage of Canaco Resources and announced a speculative buy recommendation with a $1.25 target price. They now believe that $175/oz is an appropriate resource multiple given the forecast high grade/low cost nature of the ounces discovered to date by Canaco. They have revised their target price to $6 per share and maintain their speculative buy rating.
To learn more about DLKM visit: http://www.douglaslakeminerals.com
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ViroPharma Inc. (Nasdaq:VPHM) announced that the two companies have partnered to facilitate access to certain ViroPharma products through a named patient program (NPP). ViroPharma’s NPP, developed and managed by Idis, will allow international healthcare professionals to prescribe certain products to individual patients until the time that approval is sought in local countries. Under an NPP, physicians can prescribe investigational or pre-approval products to qualifying patients on an individual basis. Such products can be administered to individual patients who are suffering from serious illnesses and have no other therapeutic options. Idis will manage the ViroPharma NPP in countries, except the United States, where the products are not yet approved.
ViroPharma Incorporated, a biopharmaceutical company, engages in the development and commercialization of products that address serious diseases with a focus on products used by physician specialists or in hospital settings in the United States and internationally.
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GreenHouse Holdings, Inc. (OTCQB:GRHU)
GreenHouse Holdings, Inc., a leading provider of energy efficiency solutions and sustainable infrastructure products, encourages and assists companies of all sizes with efforts to identify and adopt strategies that fully incorporate the various incentive programs offered through their local utilities. These programs provide significant monetary incentives for acting on projects that improve energy efficiency and pays consumers for participating in periodic consumption reductions (Demand Response or DR) — increasing a business’ bottom line for the coming year.
“When companies have an Automated Demand Response system in place, and participate in load-shed events, they are doing their part to ensure that the region’s electric grid remains as stable as possible during peak demand periods,” commented Galt. “In California, DR programs enable utility customers to shed load based on either commodity pricing signals or urgent reliability needs. Again, in California, auto-DR takes demand response one giant step further; ADR participants often times receive costly automation and/or SCADA systems that not only perform the load-shed measures associated with a curtailment event, these systems are fully capable of providing ongoing energy efficiency benefits and detailed consumption.”
“It doesn’t have to be an overnight leap into technology; it’s about thinking smarter about the resources we have and figuring out what works best for your business,” adds Galt. “It’s not going to be sustainable if it isn’t feasible or it’s overly burdensome on the business.”
To learn more about GRHU visit: http://www.greenhouseintl.com
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Beacon Roofing Supply Inc. (Nasdaq:BECN) announced it has appointed Paul M. Isabella as its new President and Chief Executive Officer. Mr. Isabella is currently the President and Chief Operating Officer of Beacon. He replaces Robert R. Buck, who will remain as Chairman of the Board. Mr. Isabella will assume his new role effective January 1, 2011. Mr. Isabella joined Beacon in November 2007 as the President and Chief Operating Officer. His extensive background includes over 33 years of experience at major U.S. corporations where he held various leadership positions. Mr. Isabella began his career with General Electric Company in 1977 and worked in various GE businesses for 22 years.
Beacon Roofing Supply, Inc. distributes residential and non-residential roofing materials in the United States and Canada.
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