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  • Morgan Creek Energy Corp. (MCKE) Set To Acquire Glob Media Through Share Exchange Agreement

    May 24th, 2012 Morgan Creek Energy announced that on May 14, 2012, it entered into a share exchange agreement with Glob Media Works, Inc., a Washington based social search destination company, and all of the shareholders of Glob Media. Through the Agreement, Morgan Creek expects to obtain the rights of a 100% interest in the intellectual property rights and business operations of Glob Media's online search and social media related cloud based software application.

    Pursuant to the Agreement, Glob Media and its shareholders have agreed to sell all of the issued and outstanding shares of Glob Media to Morgan Creek. The cumulative price off all purchased shares is 9,075,734 restricted shares of common stock of Morgan Creek. The shares will be distributed on a pro rata basis in accordance with each vendor's percentage of ownership in Glob Media.

    The closing of the Agreement is contingent upon the satisfaction of conditions precedent to closing as set forth in the agreement, including, but not limited to: (i) the Company, Glob Media and the Vendors having obtained all authorizations, approvals or waivers that may be necessary or desirable in connection with the transactions contemplated by the Agreement; (ii) the Company, Glob Media and the Vendors shall have complied with all warranties, representations, covenants and agreements therein agreed to be performed or caused to be performed on or before the closing date; (iii) no action or proceeding in law or in equity shall be pending or threatened by any person, company, firm, governmental authority, regulatory body or agency to enjoin or prohibit any of the transactions contemplated by the Agreement; (iv) completion by each of the Company and Glob Media of an initial due diligence and operations review of the other's respective businesses and operations; (v) no material loss or destruction of or damage to the Company or Glob Media shall have occurred; and (vi) the board of directors of the Company and Glob Media ratifying the terms and conditions of the Agreement.

    Upon the closing of the Agreement, the shares of Morgan Creek will be issued to the Vendors and will not be registered under the Securities Act of 1933, as amended, or under the securities laws of any state in the United States, and will be issued in reliance upon an exemption from registration under the Securities Act of 1933. The securities may not be offered or sold in the United States without registration under the Securities Act of 1933 or an applicable exemption from such registration requirements.

    For more information, please visit morgancreekenergy.com

    Please see disclaimer on the QualityStocks website: disclaimer.qualitystocks.net

    Tags: MCKE.OB
    May 24 10:15 AM | Link | Comment!
  • GTSO Resources, Inc. (GTSO) Evaluates Tungsten Recycling Technology With Ambitions To Turn Waste Into Wealth

    Today before the opening bell, GTSO Resources said it is exploring innovative new techniques that are making tungsten recycling more profitable and environmentally sound than ever before. The emerging mineral exploration company continues preliminary discussions with tungsten miners and prospectors, as well.

    Second only to diamond, tungsten is an extraordinarily hard metal. Its unique properties make the element critical to the manufacture of a wide array of indispensable items. As demand for the metal rises worldwide and available supplies tighten, a relatively simple new thermo-mechanical process allows recyclers to break down tungsten from alloys in drill bits, machine parts, and other products to produce a high-grade powder suitable for new manufacturing uses.

    "We see incredible earning potential in tungsten recycling as this unique metal becomes more and more critical to modern life," stated GTSO CEO Paul Watson. "In addition to profit potential realized through this technology, recycling also offers a much more environmentally friendly solution than mining to increase global supplies of this invaluable metal"

    "GTSO will continue to pursue advantageous new agreements and potential partnerships with the emerging leaders in tungsten mining and exploration as we explore innovative ways to recycle waste and capitalize on the mineral's soaring global demand," he added.

    GTSO isn't the only company pursuing new opportunities in the booming tungsten market. IMC Group, a subsidiary of Warren Buffett's Berkshire Hathaway, recently invested $70 million in the mining company Woulfe's South Korean tungsten operations.

    For more information on GTSO Resources' aggressive growth plans, please visit gtsoresources.com/investors.html

    For more information on GTSO Resources' aggressive international mineral development plans, please visit gtsoresources.com/investors.html

    Please see disclaimer on the QualityStocks website: disclaimer.qualitystocks.net

    Tags: GTSO.PK
    May 24 10:14 AM | Link | Comment!
  • International Stem Cell Corp. (ISCO) Offers Stem Cells With Unmatched Advantages

    International Stem Cell Corp., based in Oceanside, California, is a stem cell therapeutics company with a powerful new stem cell technology called "parthenogenesis," which is expected to significantly advance the field of regenerative medicine by addressing the important issue of immune-rejection.

    Parthenogenetic stem cells are derived from parthenogenetically activated human oocytes, where electrical or chemical stimuli replaces fertilization. Although not derived from fertilized eggs, these activated oocytes can be developed to the blastocyst stage which can give rise to a parthenogenetic stem cell line.

    Of the several different types of stem cells, parthenogenetic stem cells (hpSCs) offer a unique combination of benefits. For one, parthenogenetic stem cells do not face the controversy associated with embryonic stem cells, which are derived from fertilized eggs (oocytes) that have the potential of developing into a human being. Neither do Parthenogenetic stem cells face the potential risks and regulatory scrutiny associated with induced pluripotent stem cells, which are differentiated cells that are chemically or otherwise driven back to earlier developmental stages requiring significant changes in gene expression that may have unknown biological impacts. Finally, parthenogenetic stem cells are not as limited in their ability to differentiate or proliferate as adult stem cells, which are difficult to obtain and work with.

    In addition, different activation techniques applied to human oocytes allow the creation of either HLA heterozygous human parthenogenetic stem cell lines (hpSC), which are exactly HLA-matched/ histocompatible with the oocyte donors, or HLA homozygous hpSC, which may be histocompatible with significant segments of the human population.

    The human parthenogenic stem cells pioneered by ISCO have the best characteristics of each of the other classes of stem cells. The ethical advantage of derivation from unfertilized parthenogeneticaly activated oocytes, combined with immune-matching advantage, makes hpSC a very promising source of pluripotent stem cells for cell-based transplantation therapy.

    ISCO is the first company to have produced pluripotent human stem cell lines through the intentional use of parthenogenesis. To date ISCO has successfully derived and characterized 10 hpSC lines, including both HLA homozygous and HLA heterozygous lines. One of these lines (hpSC-Hhom-4) carries the most common HLA haplotype found across racial groups within the US population.

    The company continues to make hpSCs available to academic and corporate research worldwide for their exploration of a wide range of disease targets.

    For additional information, visit the company's website at InternationalStemCell.com

    Please see disclaimer on the QualityStocks website: disclaimer.qualitystocks.net

    Tags: ISCO.OB
    May 23 5:28 PM | Link | Comment!
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