Devon Energy's (DVN) confirmation Wednesday that it will purchase assets in Texas' Eagle Ford shale comes as smaller energy firms are expanding their claims in the lucrative play.
Devon said it will buy GeoSouthern Energy's oil assets in the Eagle Ford for $6 billion. The assets currently produce 53,000 barrels of oil equivalent per day and include at least 1,200 undrilled locations.
Third Quarter 2013 Highlights :
- Total revenue increased by approximately 428% to $545,820
- Interest expense down by approximately 15% to $47,180
- Working capital deficit improved by approximately $2,204,966
- Stockholder deficit improved by approximately $2,080,000
- Gross profit increased approximately 722% to $434,710
- Net loss down by approximately 38.3% to $82,613 or $0.00 per share
FRISCO, TX--(Marketwired - November 05, 2013) - OxySure Systems, Inc. (OXYS) ("OxySure," or the "Company"), a medical device innovator of life-saving, easy-to-use emergency oxygen solutions with its "oxygen from powder" technology today announced that the Company has hired Lisa Griffin as Director of Safety Education.
Julian T. Ross, CEO of OxySure Systems, Inc. stated: "We are pleased to be welcoming Lisa to our growing team. As a former fire fighter and paramedic Lisa has a wealth of experience and expertise in emergency preparedness and response. Lisa will focus her considerable energies and talent on developing education and commercial markets for our core products."
"I am truly excited to be joining the OxySure team and I look forward to working towards the goal of making OxySure a standard issue item in every school, business and home. Based on my experience as a fire fighter and paramedic I believe that the OxySure product is a no-brainer and will provide countless more good outcomes in medical emergencies of all categories."
For a video introduction by Lisa Griffin please click here: http://youtu.be/bVC4gM2rgTg.
Krishna Subramanian, the chief marketing officer of the mobile marketing agency Velti and co-founder of ad exchange Mobclix, which Velti acquired, has resigned from the troubled agency.
In an email, Subramanian writes, “As many of you already know I have moved on from Velti. I am grateful to have co-founded Mobclix and humbled by the part it has played in shaping the mobile advertising space. The roller-coaster ride through the acquisition & integration at Velti was an incredible learning experience and ultimately led me back to the search for that underlying spark that burns within to solve problems and do big things.” Subramanian hinted he has a new project in the works that is “keeping me up at night” which he promised to reveal soon.
FRISCO, TX, Oct 15, 2013 (Marketwired via COMTEX) -- OxySure Systems, Inc. (otcqb:OXYS) ("OxySure" or the "Company"), a medical technology company that has pioneered an FDA-approved solution to produce medically pure oxygen from dry, inert powders for emergency and short duration use, today announced the launch of OxySure Commercial Finance(SM) , a service that allows OxySure customers to easily and conveniently lease OxySure's suite of medical devices and products, including the OxySure Model 615, Automated External Defibrillators (AEDs), and other medical equipment, supplies and accessories.
Powered by LeaseQ, OxySure Commercial Finance(SM) allows customers to do comparison shopping for lease quotes from dozens of third party lenders with one simple online form that takes two minutes to complete. The system can pre-qualify customers instantly and display the top results, allowing customers to select from multiple, pre-qualified offers. The system also provides customers the flexibility to select lenders of choice and payment plan characteristics such as monthly payment, finance term and terminal value.
U.S. SECURITIES AND EXCHANGE COMMISSION
Litigation Release No. 22833 / October 4, 2013
Securities and Exchange Commission v. China MediaExpress Holdings, Inc. and Zheng Cheng, Civil Action No. 1:13-cv-00927 (D.D.C.)
Court Enters Final Judgment by Default Against SEC Defendant China Mediaexpress Holdings, Inc.
The Securities and Exchange Commission announced that on October 3, 2013, the Honorable Ellen S. Huvelle, United States District Court Judge for the District of Columbia, entered a final judgment by default against Defendant China MediaExpress Holdings, Inc. (China Media). The final judgment permanently enjoins China Media from future violations of various provisions of the federal securities laws, including Section 17(a) of the Securities Act of 1933, Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5 thereunder, and Sections 13(a), 13(b)(2)(A), and 13(b)(2)(B) of the Exchange Act. The final judgment also holds China Media liable for total combined disgorgement and prejudgment interest of $41,894.082.05 and a civil monetary penalty in the amount of $7,250,000.
On June 20, 2013, the SEC filed a complaint against China Media and its Chairman and CEO, Zheng Cheng (collectively, the "Defendants") alleging that from at least October 2009, the Defendants engaged in a scheme to mislead and defraud investors by, among other things, grossly overstating China Media's cash balances. The complaint alleged that after China Media materially misrepresented its financial condition and business operations, its stock price tripled to more than $20 per share, making the company attractive to the investing public and allowing it to raise more than $53 million from stock sales to investors.
For further information, please see Litigation Release Number 22731(June 20, 2013) [SEC Charges China-Based Company and CEO in Latest Cross Border Working Group Case].
Great fundamentals here with tremendous potentials. Minimum a 5 bagger.
The National Safety Council's (NSC) 2013 Congress & Exposition, the world's largest annual "must attend" event for safety, health and environmental professionals taking place in Chicago, IL from September 30 - October 2, 2013. Congress and expo attendees are invited to visit with the OxySure team at Booth #4048 where representatives will be available to discuss and demonstrate OxySure's "oxygen from powder" technology and the Company's leading edge respiratory and medical safety solutions for lay rescuers.
OxySure's exhibit will feature the innovative and proven OxySure Model 615 portable emergency oxygen device, "combo" solutions with various Automated External Defibrillators (AEDs), and other solutions which combine medical safety, ease of use, and value. The exhibit will also provide information on how OxySure helps organizations achieve or enhance their employee safety and health preservation goals in a cost-effective manner.
By Justin Kuepper | September 09, 2013
The U.S. healthcare system is undergoing a series of significant changes, from aging patient demographics to new insurance regulations. While regulations pose a risk to many healthcare providers and insurance companies, emergency medical response and equipment makers are well positioned to profit from increasing insurance coverage and aging demographics. In this report, we’ll take a look at three companies in the emergency response space.
Finding the Best Opportunities
The aging U.S. demographic and increasing insurance coverage are two catalysts that should drive the emergency response and equipment space higher over the coming years. Envision Healthcare and Medtronic are two large-cap equities that could benefit from the move, while OxySure Systems represents a riskier micro-cap opportunity that offers higher growth potential than the 8.6 percent CAGR or 4 percent CAGR seen in the other companies mentioned.