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8-31-10 Daily Small Cap Market News and Stock Highlights from SmallCapVoice.com
Submitted by SmallCapVoice.com
Stephen Bernard, AP Business Writer Stocks rise on surprise jump in consumer strengthStocks rally to end weak August after unexpected climb in consumer confidence
NEW YORK (AP) — A surprise jump in consumer confidence gave stocks a modest lift, but gains were kept in check as investors remain cautious about the strength of the economy.
A report showed confidence climbed more than expected in August. That gave traders a reprieve from a string of reports throughout the month that indicated economic growth continues to slow. A report earlier Tuesday indicated manufacturing activity slowed in the Midwest in August.
“Market pessimism in the very near-term has hit a nadir,” said John Brady, a senior vice president at MF Global. The small rise in confidence took the edge off the downbeat mood, Brady said. However, he cautioned any gains might be short lived because traders are hesitant to make any big moves before Friday’s key monthly employment report. The unemployment rate likely inched higher in August as employers avoid major hiring.
The Dow Jones industrial average rose nearly 30 points in late morning trading after being down as much as 68 earlier in the day. Broader indexes also rose, reversing earlier declines.
Yesterday’s Top Performing Small Cap Stock:Tootie Pie Company (OTCBB: TOOT)
Tootie Pie Company was a SmallCapVoice.com top performer closing up over 20% on trading volume of 28,400 shares.
Tootie Pie Gains Equity StakeAug. 31, 2010 (Business Wire) — Tootie Pie Company, Inc. (OTCBB:TOOT) announced that Dawson Holdings, LP has taken a 15% equity stake in the Tootie Pie Company.
“This transaction is significant on many fronts,” said Don Merrill, President & CEO. “Not only are we getting the critical financing that we need at an important time in the life of the Company, but we are gaining the support of an outstanding group, known for their brand building and sales expertise.”
Today’s SmallCapVoice.com Hot Stock to Watch:Kore Nutrition, Inc. (OTCBB: KORE)
Cohen Independent Research Group Initiates Coverage of KORE Nutrition Inc. with a Cohen Price Target of $10.50HENDERSON, NV – Kore Nutrition Incorporated (“Kore” or the “Company”) (OTCBB: KORE) and the Company’s wholly owned subsidiary, Go All In, Inc. (“ALL IN”), are pleased to announce that Cohen Independent Research Group, Inc. (“Cohen”) has initiated coverage of the Company with an initial Cohen Price Target of $10.50.
The Cohen Price Target is derived using a combination of four academic and market-based valuation approaches (one of which is the discounted cash flow valuation) that are equally weighted (25%) components used in calculating the Cohen Target Price.
Gulfstream International Group Inc. (NYSE Amex: GIA)
Gulfstream International finds investorGulfstream International Group said it has received a commitment for an investment of up to $2.5 million from Sah-Vul Strategic Partners.
The Fort Lauderdale-based regional air carrier (AMEX: GIA) said in a news release that the commitment includes an initial $1.5 million in the form of a secured convertible note, and provides an option for Sah-Vul to invest an additional $1 million. Gulfstream will use the money to expand service.
Cumberland Pharmaceuticals Inc. (Nasdaq: CPIX)
NASHVILLE, Tenn., Aug. 30 /PRNewswire-FirstCall/ — Cumberland Pharmaceuticals Inc. (Nasdaq:CPIX) today announced the publication of new data supporting the safety and efficacy of Caldolor® (ibuprofen) Injection in pre and post-operative orthopedic surgery patients. The study, which was published in the August edition of the peer-reviewed journal Pain Medicine, concludes that IV ibuprofen significantly decreased pain and morphine use when compared with placebo.
Gran Tierra Energy Inc. (NYSE Amex: GTE)
CALGARY, Aug. 30 /PRNewswire-FirstCall/ - Gran Tierra Energy Inc. (”Gran Tierra Energy”) (NYSE Amex: GTE, TSX: GTE), a company focused on oil and gas exploration and production in South America, today announced that it has finalized an agreement with Alvorada Petroleo S.A. (”Alvorada”) whereby Gran Tierra Energy will pay US$22.6 million and fulfill certain commitments, including in part, the drilling of 2 wells in 2011, to receive a 70% working interest in Blocks REC-T-129, -142, -155 and -224 in the on-shore Reconcavo Basin, Brazil. The transaction is subject to Gran Tierra Energy obtaining the customary regulatory approval from Brazil’s Agencia Nacional de Petroleo Gas Natural e Biocombustiveis (”ANP”).
Aurizon Mines Ltd. (NYSE Amex: AZK)
VANCOUVER, Aug. 30 /PRNewswire-FirstCall/ - Aurizon Mines Ltd. (TSX: ARZ; NYSE Amex: AZK) is pleased to report further results from the current drilling along the exploration drift on the 810 metre level at its Casa Berardi Mine in north-western Quebec.
Part of the current exploration program is focused along the 123 Zone, which is located approximately 1.0 kilometre east of the West Mine shaft. As at December 31, 2009 the 123 Zone contained inferred mineral resources of 714,000 tonnes at 9.4 grams of gold per tonne for 216,000 ounces using a cut-off grade of 4 grams of gold per tonne. Since February 2010, a total of twenty four (24) holes have been drilled from the 810 and 280 metre levels at an average spacing of 50 to 75 metres with the objective of extending the known mineralization.
Globecomm Systems Inc. (Nasdaq: GCOM)
HAUPPAUGE, N.Y.–(BUSINESS WIRE)–Globecomm Systems Inc. (NASDAQ: GCOM), a leading global provider of satellite-based communications infrastructure solutions and services, today announced that the Company has received a contract from a major media & entertainment company valued at $4.3 million.
About SmallCapVoice.comSmallCapVoice.com is a recognized corporate investor relations firm, with clients nationwide. Known for its ability to help emerging growth companies build a following among retail and institutional investors, SmallCapVoice.com utilizes its stock newsletter to feature its audio interviews, as well small cap company’s financial news releases. SmallCapVoice.com also offers individual investors with all the tools they need to make informed decisions about the stocks they are interested in. Tools like our stock charts, stock alerts, and our company information sheets can assist with investing in stocks that are traded on the OTC BB and Pink Sheets.
The SmallCapVoice.com, Inc. Daily Highlights is an electronic publication, and is for informational purposes only. The Small Cap Voice Daily Highlights covers both client and non client issuers. Non client issuer’s news is listed under other small cap news. SmallCapVoice is an electronic publication providing information on selected public companies. All companies profiled on this website pay cash or restricted stock to SmallCapVoice as consideration for the electronic dissemination of the company’s information and our comments about the company. Section 17(b) of the Securities Act of 1933 requires that SmallCapVoice fully disclose the type consideration (i.e. cash, restricted stock, and restricted stock with registration rights, stock options, stock warrants, or other type consideration) and the specific amount of the consideration our company receives or will receive, directly or indirectly, from an issuer, underwriter, or dealer. No information contained in our website, e-mail communications or our publications should be considered as a solicitation to purchase or sell the securities of the profiled companies. SmallCapVoice is not a registered investment advisor or a registered securities broker dealer. We do not undertake or represent to make investment recommendations or to give advice pertaining to the purchase or sale of the securities mentioned in our web site, e-mail communications or publications. The information contained in our website, e-mail communications and publications are carefully compiled by SmallCapVoice from public sources that we believe to be reliable. SmallCapVoice, however, does not guarantee the accuracy of any information contained in our website, e-mail communications or publications. This material is not a substitute for either one’s own thorough investigation of an investment opportunity or the exercise of good business judgment. SmallCapVoice does not endorse, independently verify, or assert the truthfulness or reliability of any statements or data obtained from third party sources that are published by us about the profiled companies in our website articles, e-mail communications or publications, but we do not publish information that we know is incorrect. Investors should not rely solely on the information contained in our website, e-mail communications or publications when making investment decisions. Instead, investors should use the information provided on the profiled companies as a starting point for conducting additional research that will permit them to form their own opinions regarding the appropriateness of an investment in the profiled company’s securities. SmallCapVoice does not warrant, represent or guaranty that there has been no change in the affairs of the profiled company since the date that information was published on this website, in e-mail communications or in our publications regarding a profiled company or after the date of the profiled company’s press releases or other information disseminated via our website or publications. If you become aware of any change of circumstances related to any website article, e-mail communication or publication, please notify us immediately. See the Contact Us page for the appropriate e-mail address. The information contained in our website, e-mail communications and publications pertains to microcap, small cap and/or other thinly traded securities which by their very nature involve an extremely high degree of risk. An investment in these type of securities could result in the loss of some or all of an investment in the company. In addition, due to the illiquid nature of some of these securities, an investor may find encounter difficulties in liquidating the securities. SmallCapVoice may liquidate the stock consideration it receives at any time it deems it appropriate to do so after the required six-month holding period has run after the completion of the services for which SmallCapVoice was paid in stock. The liquidation of our stock may have a negative impact on the securities of the company liquidated, including decreased market value and/or dilution of the company’s securities. The following companies have paid, and/or have agreed to pay SmallCapVoice to: distribute the company’s information and reports on this website, to send e-mail communications; to send publications by mail, to post company Internet links on our website, and to compile and/or to distribute reports in an e-mail newsletter.
We encourage our readers to use caution when investing and educate themselves at the web sites of the Securities and Exchange Commission (“SEC”) at www.sec.gov and/or the National Association of Securities Dealers (“NASD”) at www.nasd.com. We encourage you to study the SEC’s policies regarding online newsletters at http://www.sec.gov/answers/newsltr.htm. We also strongly recommend that you read the SEC advisory to investors concerning Internet Stock Fraud, which can be found at www.sec.gov/consumer/cyberfr.htm. Readers can review all public filings by companies at the SEC’s EDGAR page. The NASD has published information on how to invest carefully at its web site. Link to full disclosure about compensation paid to SmallCapVoice.com, Inc. by companies featured on our site.
Contact:
Stuart T. Smith CEO
512-267-2430
Categories: OTC Stocks
Stocks are Lower as Investors Await Job Report
Submitted by SmallCapVoice.com
Stocks edged lower Monday as investors took a cautious approach to trading before the government’s latest report on the jobs market.
Investors have been homing in on employment data as a key way of predicting where the economy is going. Signs of a slowdown in growth has plagued the market for more than a month. Investors are unsure if companies will be able to keep up strong earnings growth if the recovery runs out of steam or falls back into recession. And consumers aren’t likely to spend more until there are clear and regular signs of hiring.
Traders largely shrugged of a new report showing that personal spending inched higher last month.
In morning trading, the Dow fell 21.57, or 0.2 percent, to 10,129.08. The Standard & Poor’s 500 index fell 2.08, or 0.2 percent, to 1,062.51, while the Nasdaq composite index fell 3.52, or 0.2 percent, to 2,150.11.
Yesterday’s Top Performing Small Cap Stock:Tootie Pie Company (OTCBB: TOOT)
Tootie Pie Company was a SmallCapVoice.com top performer closing up over 16% on trading volume of 10,000 shares.
Tootie Pie recently announced that sales jumped 29% to $334,075 for the quarter ended June 30, 2010 versus $258,336 for the same period in 2009.
Gross profit increased to $189,392 for the period, versus $150,284 for the same period in 2009. Gross margin after depreciation remained solid at 57% of net sales for the period, as compared to 58% for the same period in 2009.
Tootie Pie Company bakes and sells high-quality, handmade pies through three basic sales channels: retail, corporate and wholesale. The retail segment serves individual customers through sales in its Tootie Pie Gourmet Cafés, in-store sales, orders via telephone and internet on the Company’s website. The corporate segment serves businesses that purchase pies as a way to promote their company through client and employee appreciation programs. The wholesale segment is made up of national and regional broad line grocery and foodservice distributors who purchase pies and then resell them through their respective sales distribution channels.
Today’s SmallCapVoice.com Hot Stock to Watch:Car Charging Group, Inc. (OTCBB: CCGI)
A New Audio Interview Featuring Car Charging Group CEO Michael D. Farkas, is now at SmallCapVoice.comA new audio interview featuring Car Charging Group, Inc. (OTCBB:CCGI) is now available. The interview can be heard at http://smallcapvoice.com/blog/8-24-10-audio-interview-with-car-charging-group-inc-otcbb-ccgi/
Car Charging Group, Inc. is an owner and provider of electric vehicle (EV) charging stations with the mission to build-out a nationwide infrastructure, enabling EV and PHEV owners to charge their EVs anytime, anywhere. As part of its strategy, the Company owns, provides, installs and maintains electric vehicle charging units and works with its landowner partners to identify appropriate locations for its charging stations. The Company seeks to provide convenient, safe and affordable charging stations away from home in customer-friendly public locations, including parking garages, municipalities, and shopping malls.
An estimated 40 million plug-in electric vehicles, such as the Nissan Leaf, GM Chevy Volt, Fisker Karma, Tesla Model S as well as many others, are expected to be on the road by 2030. Car Charging Group and other companies in the EV industry realize the need to establish charging station networks throughout the transportation infrastructure to provide easy access to energy everywhere drivers live and work. By investing at the forefront of the electric car revolution, Car Charging Group seeks to become the leading provider of electric car charging services. The Company launched its operations nationally in September of 2009 and is expanding its operations internationally.
SmallCapVoice Clients’ NewsLyfe Communications, Inc. (OTCBB: LYFE)
Lyfe Communications CEO Robert Bryson Details Strategy on SmallCapVoice.comSmallCapVoice.com’s interview with Lyfe Communications, Inc. CEO Robert Bryson on his company’s strategy for providing next gen entertainment and communications over ultra fast IP (Internet Protocol) networks is available now at SmallCapVoice.com. In the interview, Bryson provides key insight on how the Company’s wholly owned subsidiary, Connected Lyfe, is developing and deploying an integrated TV, Internet and enhanced voice service delivered over broadband networks.
For a link to the interview, visit http://smallcapvoice.com/blog/8-24-10-audio-interview-with-lyfe-communications-inc-otcbb-lyfe.
Connected Lyfe is developing, deploying and operating a converged services network for next generation entertainment and communications. Leveraging new IP (Internet Protocol) technologies, Connected Lyfe can provide innovative and compelling media and communication services to consumers and businesses that increasingly want access to their television, Internet and voice services on their terms – any time, on any device, at home, in the office, or on the go. More information is available at connectedlyfe.com.
Other Small Cap NewsBenihana Inc. (Nasdaq: BNHNA)
Benihana Inc. Reports First Fiscal Quarter 2011 ResultsRichard C. Stockinger, Chief Executive Officer, said, “We are encouraged by our quarterly performance, with solid top-line and operating income growth reflecting the strides we are making under our Renewal Program. Our team is successfully reinvigorating the Benihana teppanyaki brand and experience and enhancing our marketing efforts, while also managing costs effectively. We continue to attract an increasing number of guests at our flagship, and our ongoing execution of the Renewal Plan is expected to drive further sustained improvements in our results.”
Megola Inc.
(OTCBB: MGON)
Megola Continues Testing/Certifications of Hartindo(TM) AF21 Total Fire Inhibitor on Fabrics Used for U.S. Armed Forces Battle Dress UniformsAF21 Renders Materials Non-Flammable With Extreme High Heat Resistance
POINT EDWARD, ON–(Marketwire - 08/27/10) - Megola Inc. (OTC.BB:MGON), a leading environmental solution provider, announces that continued textile certification tests are being conducted on fabrics used in the battle dress uniforms (BDU) for the U.S. Armed Forces. The fabrics have been treated with Hartindo™ AF21, a water-based, non-toxic, environmentally-friendly fire inhibitor, and further enhanced with a proven antimicrobial binding ingredient, and will now undergo testing for wash durability standards. Testing will be done by the Textiles Division of the CTT Group, located in Saint-Hyacinthe, Quebec.
About SmallCapVoice.com
SmallCapVoice.com is a recognized corporate investor relations firm, with clients nationwide. Known for its ability to help emerging growth companies build a following among retail and institutional investors, SmallCapVoice.com utilizes its stock newsletter to feature its audio interviews, as well small cap company’s financial news releases. SmallCapVoice.com also offers individual investors with all the tools they need to make informed decisions about the stocks they are interested in. Tools like our stock charts, stock alerts, and our company information sheets can assist with investing in stocks that are traded on the OTC BB and Pink Sheets.The SmallCapVoice.com, Inc. Daily Highlights is an electronic publication, and is for informational purposes only. The Small Cap Voice Daily Highlights covers both client and non client issuers. Non client issuer’s news is listed under other small cap news. SmallCapVoice is an electronic publication providing information on selected public companies. All companies profiled on this website pay cash or restricted stock to SmallCapVoice as consideration for the electronic dissemination of the company’s information and our comments about the company. Section 17(b) of the Securities Act of 1933 requires that SmallCapVoice fully disclose the type consideration (i.e. cash, restricted stock, and restricted stock with registration rights, stock options, stock warrants, or other type consideration) and the specific amount of the consideration our company receives or will receive, directly or indirectly, from an issuer, underwriter, or dealer. No information contained in our website, e-mail communications or our publications should be considered as a solicitation to purchase or sell the securities of the profiled companies. SmallCapVoice is not a registered investment advisor or a registered securities broker dealer. We do not undertake or represent to make investment recommendations or to give advice pertaining to the purchase or sale of the securities mentioned in our web site, e-mail communications or publications. The information contained in our website, e-mail communications and publications are carefully compiled by SmallCapVoice from public sources that we believe to be reliable. SmallCapVoice, however, does not guarantee the accuracy of any information contained in our website, e-mail communications or publications. This material is not a substitute for either one’s own thorough investigation of an investment opportunity or the exercise of good business judgment. SmallCapVoice does not endorse, independently verify, or assert the truthfulness or reliability of any statements or data obtained from third party sources that are published by us about the profiled companies in our website articles, e-mail communications or publications, but we do not publish information that we know is incorrect. Investors should not rely solely on the information contained in our website, e-mail communications or publications when making investment decisions. Instead, investors should use the information provided on the profiled companies as a starting point for conducting additional research that will permit them to form their own opinions regarding the appropriateness of an investment in the profiled company’s securities. SmallCapVoice does not warrant, represent or guaranty that there has been no change in the affairs of the profiled company since the date that information was published on this website, in e-mail communications or in our publications regarding a profiled company or after the date of the profiled company’s press releases or other information disseminated via our website or publications. If you become aware of any change of circumstances related to any website article, e-mail communication or publication, please notify us immediately. See the Contact Us page for the appropriate e-mail address. The information contained in our website, e-mail communications and publications pertains to microcap, small cap and/or other thinly traded securities which by their very nature involve an extremely high degree of risk. An investment in these type of securities could result in the loss of some or all of an investment in the company. In addition, due to the illiquid nature of some of these securities, an investor may find encounter difficulties in liquidating the securities. SmallCapVoice may liquidate the stock consideration it receives at any time it deems it appropriate to do so after the required six-month holding period has run after the completion of the services for which SmallCapVoice was paid in stock. The liquidation of our stock may have a negative impact on the securities of the company liquidated, including decreased market value and/or dilution of the company’s securities. The following companies have paid, and/or have agreed to pay SmallCapVoice to: distribute the company’s information and reports on this website, to send e-mail communications; to send publications by mail, to post company Internet links on our website, and to compile and/or to distribute reports in an e-mail newsletter.We encourage our readers to use caution when investing and educate themselves at the web sites of the Securities and Exchange Commission (“SEC”) at www.sec.gov and/or the National Association of Securities Dealers (“NASD”) at www.nasd.com. We encourage you to study the SEC’s policies regarding online newsletters at http://www.sec.gov/answers/newsltr.htm. We also strongly recommend that you read the SEC advisory to investors concerning Internet Stock Fraud, which can be found at www.sec.gov/consumer/cyberfr.htm. Readers can review all public filings by companies at the SEC’s EDGAR page. The NASD has published information on how to invest carefully at its web site. Link to full disclosure about compensation paid to SmallCapVoice.com, Inc. by companies featured on our site.
Contact:
Stuart T. Smith CEO
512-267-2430
Categories: OTC Stocks
8-11-10 Daily Small Cap Market News and Stock Highlights from SmallCapVoice.com
Submitted by SmallCapVoice.com
By Angela Moon - Reuters Wall Street down sharply on economic uncertaintyNEW YORK (Reuters) - Stocks fell sharply on Wednesday after weaker manufacturing data from China and a gloomier growth outlook from the Federal Reserve heightened fears of a lackluster global economic recovery.
All S&P sector indexes were lower, with commodities and energy leading the way down as data in China pointed to lower consumption of raw materials and the International Energy Agency warned of risks to fuel demand if the global economy weakens.
Investors fled from riskier assets to safe-haven investments like the dollar and lower-risk government debt. U.S. 2-year Treasury note yields hit a record low.
Defensive stocks such as utilities and telecom held up better, with losses on the S&P utilities index limited to 1.5 percent. That move and a strong demand in bonds, are forecasting a “major slowdown in the economy,” said Ryan Detrick, senior technical strategist at Schaffer’s Investment Research.
Yesterday’s Top Performing Small Cap Stock:Tootie Pie Company (OTCBB: TOOT)
Tootie Pie Company was a SmallCapVoice.com top performer closing up over 23% on trading volume of 44,100 shares.
Tootie Pie Company bakes and sells high-quality, handmade pies through three basic sales channels: retail, corporate and wholesale. The retail segment serves individual consumers through in-store sales, orders via telephone and internet on the Company’s website. The corporate segment serves businesses that purchase pies as a way to promote their company through client and employee appreciation programs. The wholesale segment is made up of national and regional broad line grocery and foodservice distributors who purchase pies and then resell them through their respective sales distribution channels.
Today’s SmallCapVoice.com Hot Stock to Watch:BRAVADA International Ltd (Pink Sheets: MFLI)
BRAVADA International is a company specializing in innovative media, health, fitness and lifestyle products that owns and operates BRAVADA Women’s Athletica, an exclusively women’s fitness apparel retail store, BRAVADA Productions, Kardahsian Khaos Celebrity Lifestyle Boutiques. BRAVADA also develops exciting brands through the creation of internet and television media content. BRAVADA is dedicated to providing the highest quality products, services and media that enriches and provides beneficial betterment for individuals, both physically and emotionally. Through its dedication to quality and innovation, BRAVADA delivers its products, services and media by empowering individuals through positive lifestyles and experiences.
SmallCapVoice Clients’ NewsTie Technologies, Inc. (Pink Sheets: TTCS)
TIE Technologies Engages Auditor Labrozzi & Company, P.ATIE Prepares for Fully Reporting Status
NEW YORK, Aug. 10, 2010 (GLOBE NEWSWIRE) — TIE Technologies, Inc. (Pink Sheets: TTCS), who operates a portfolio of Homeland Security assets focused on environmental disaster remediation and security, driven by proprietary smart logistics, telemetrics, and advanced IT solutions, today announced that they have retained the Miami, FL auditing firm Labrozzi & Company, P.A. Labrozzi & Company is an SEC approved auditing firm and member of the SEC Financial Reporting Forum.
Concordis Group, Inc. (Pink Sheets: CNGI) Avizent Introduces New Risk Sharing Captive for Restaurant IndustryProgram helps turn premiums into profits; provides “Entree” and “Appetizer” options
Aug. 10, 2010 (PR Newswire) – COLUMBUS, Ohio — National claims and risk management service provider Avizent announced today the launch of the Restaurant Franchise Captive Program II, an innovative risk-sharing captive for restaurant franchisees covering all lines of business – workers’ comp, auto liability, general liability and property. The program is backed by a national A-rated carrier, which issues the policies and provides the reinsurance. Avizent is also partnering with Concordis Group Inc., a leading financial holding company, to share the risk for the new restaurant captive.
Other Small Cap NewsUniversal Power Group Inc. (NYSE Amex: UPG)
Universal Power Group Reports Record Second Quarter Net Income“We are very pleased with the 38 percent growth in our bottom line results in the second quarter,” stated UPG’s President and Chief Executive Officer, Ian Edmonds. “While our revenues continued to be affected by weakness in consumer confidence and employment in the broader economy, the actions we’ve taken over the past few quarters, such as the changes to our sales force made at the end of 2009, have yielded positive results. In the second quarter, our sales of batteries, related power accessories and other products posted solid and broad-based gains across new and existing customers. We continued to carefully manage our operating expenses in order to lower our costs, and improve operating efficiency while remaining responsive to the demands of our customers.”
CAMAC Energy Inc. (NYSE Amex: CAK) CAMAC Energy Enters into Agreement on Potential Acquisition of Interest in Offshore Nigerian LeasesHARTSDALE, N.Y.–(BUSINESS WIRE)–CAMAC Energy Inc. (NYSE Amex:CAK), today announced that on August 6, 2010, the Company entered into a memorandum of understanding (the “MOU”) with CAMAC Energy Holdings Limited, CAMAC International (Nigeria) Limited, and Allied Energy Resources Nigeria Limited (collectively, “CAMAC”). Pursuant to the MOU, the Company plans to acquire CAMAC’s full interest in Oil Mining Leases 120 and 121 (the “Leases”) located offshore Nigeria. The Company and CAMAC have agreed to work to finalize negotiations and related due diligence with CAMAC with a goal of entering into a definitive agreement for the acquisition of this interest by the Company on or before October 15, 2010.
Sport Endurance, Inc (OTCBB: SENZ) Sport Endurance Projects $7.4 Million in Sales Through 2011Figure Expected to Surpass $38.7 Million by 2013
SALT LAKE CITY, Aug. 11, 2010 (GLOBE NEWSWIRE) — Sport Endurance, Inc (OTCBB:SENZ), a health supplement company, announced today that the Company management expects to generate over $7.4 million in sales of its revolutionary Liquid Gel Cap products through 2011. Management believes these figures will surpass $38.7 million in revenues by 2013.
ValCom, Inc. (OTCBB: VLCO) ValCom Scores Big With Televised Real Estate Auction“Saturday night’s Auction was a hit,” said Vince Vellardita, President and CEO of ValCom. “This was the first of our series of auctions and we’re already seeing the anticipated revenues. The auctions will continue to gain momentum as people learn about this great opportunity to purchase a home for pennies on the dollar.”
Ready Mix Inc. (NYSE Amex: RMX) RMX Holdings, Inc. Addresses Unusual Market ActivityPHOENIX–(BUSINESS WIRE) - RMX HOLDINGS, INC. (NYSE Amex: RMX) stated today that its policy is not to comment on unusual market activity or rumors.
In view of the unusual market activity in the common stock of RMX Holdings, Inc. (the “Company”), the New York Stock Exchange (“NYSE”) has contacted the Company in accordance with its usual practice. The Company states that its policy is not to comment on unusual market activity or rumors.
About SmallCapVoice.comSmallCapVoice.com is a recognized corporate investor relations firm, with clients nationwide. Known for its ability to help emerging growth companies build a following among retail and institutional investors, SmallCapVoice.com utilizes its stock newsletter to feature its audio interviews, as well small cap company’s financial news releases. SmallCapVoice.com also offers individual investors with all the tools they need to make informed decisions about the stocks they are interested in. Tools like our stock charts, stock alerts, and our company information sheets can assist with investing in stocks that are traded on the OTC BB and Pink Sheets.The SmallCapVoice.com, Inc. Daily Highlights is an electronic publication, and is for informational purposes only. The Small Cap Voice Daily Highlights covers both client and non client issuers. Non client issuer’s news is listed under other small cap news. SmallCapVoice is an electronic publication providing information on selected public companies. All companies profiled on this website pay cash or restricted stock to SmallCapVoice as consideration for the electronic dissemination of the company’s information and our comments about the company. Section 17(b) of the Securities Act of 1933 requires that SmallCapVoice fully disclose the type consideration (i.e. cash, restricted stock, and restricted stock with registration rights, stock options, stock warrants, or other type consideration) and the specific amount of the consideration our company receives or will receive, directly or indirectly, from an issuer, underwriter, or dealer. No information contained in our website, e-mail communications or our publications should be considered as a solicitation to purchase or sell the securities of the profiled companies. SmallCapVoice is not a registered investment advisor or a registered securities broker dealer. We do not undertake or represent to make investment recommendations or to give advice pertaining to the purchase or sale of the securities mentioned in our web site, e-mail communications or publications. The information contained in our website, e-mail communications and publications are carefully compiled by SmallCapVoice from public sources that we believe to be reliable. SmallCapVoice, however, does not guarantee the accuracy of any information contained in our website, e-mail communications or publications. This material is not a substitute for either one’s own thorough investigation of an investment opportunity or the exercise of good business judgment. SmallCapVoice does not endorse, independently verify, or assert the truthfulness or reliability of any statements or data obtained from third party sources that are published by us about the profiled companies in our website articles, e-mail communications or publications, but we do not publish information that we know is incorrect. Investors should not rely solely on the information contained in our website, e-mail communications or publications when making investment decisions. Instead, investors should use the information provided on the profiled companies as a starting point for conducting additional research that will permit them to form their own opinions regarding the appropriateness of an investment in the profiled company’s securities. SmallCapVoice does not warrant, represent or guaranty that there has been no change in the affairs of the profiled company since the date that information was published on this website, in e-mail communications or in our publications regarding a profiled company or after the date of the profiled company’s press releases or other information disseminated via our website or publications. If you become aware of any change of circumstances related to any website article, e-mail communication or publication, please notify us immediately. See the Contact Us page for the appropriate e-mail address. The information contained in our website, e-mail communications and publications pertains to microcap, small cap and/or other thinly traded securities which by their very nature involve an extremely high degree of risk. An investment in these type of securities could result in the loss of some or all of an investment in the company. In addition, due to the illiquid nature of some of these securities, an investor may find encounter difficulties in liquidating the securities. SmallCapVoice may liquidate the stock consideration it receives at any time it deems it appropriate to do so after the required six-month holding period has run after the completion of the services for which SmallCapVoice was paid in stock. The liquidation of our stock may have a negative impact on the securities of the company liquidated, including decreased market value and/or dilution of the company’s securities. The following companies have paid, and/or have agreed to pay SmallCapVoice to: distribute the company’s information and reports on this website, to send e-mail communications; to send publications by mail, to post company Internet links on our website, and to compile and/or to distribute reports in an e-mail newsletter.We encourage our readers to use caution when investing and educate themselves at the web sites of the Securities and Exchange Commission (“SEC”) at www.sec.gov and/or the National Association of Securities Dealers (“NASD”) at www.nasd.com. We encourage you to study the SEC’s policies regarding online newsletters at http://www.sec.gov/answers/newsltr.htm. We also strongly recommend that you read the SEC advisory to investors concerning Internet Stock Fraud, which can be found at www.sec.gov/consumer/cyberfr.htm. Readers can review all public filings by companies at the SEC’s EDGAR page. The NASD has published information on how to invest carefully at its web site. Link to full disclosure about compensation paid to SmallCapVoice.com, Inc. by companies featured on our site.
Contact:
Stuart T. Smith CEO
512-267-2430
Categories: OTC Stocks
Stocks Inch Higher as Investors Look to Fed
Submitted by SmallCapVoice.com
Stephen Bernard, AP Business WriterNEW YORK (AP) — Stocks rose slightly Monday as investors avoided big bets before the Federal Reserve’s meeting this week.
The Dow Jones industrial average rose 23 points in late morning trading. Broader indexes also had small gains.
Investors are waiting for the Fed’s latest assessment of the economy that will be issued at the close of the central bank’s meeting on Tuesday. They also want to know if the Fed will restart some of its stimulus programs to help the recovery regain momentum.
The market’s growing concern about the economy has added to the importance of the Fed meeting. Recent economic reports have shown that the recovery is slowing. And Fed Chairman Ben Bernanke just a few weeks ago said the forecast for the recovery remains “unusually uncertain.”
The Fed will likely leave its federal funds rate near zero, but the central bank could signal plans to restart some stimulus programs, such as its purchase of mortgage-backed securities. Those programs ended earlier this year when it appeared the recovery was proceeding well.
Yesterday’s Top Performing Small Cap Stock:Tie Technologies, Inc. (Pink Sheets: TTCS)
Tie Technologies, Inc. was a SmallCapVoice.com top performer closing up over 32% on trading volume of 2,600 shares.
Today’s SmallCapVoice.com Hot Stock to Watch:BRAVADA International Ltd (Pink Sheets: MFLI)
BRAVADA and The Mirage Announce the Grand Opening Date of Kardashian Khaos at The Mirage in Las Vegas to ChangeAug. 6, 2010 (Business Wire) — BRAVADA International Ltd. (www.BravadaLtd.com) (Pink Sheets:MFLI) and The Mirage (NYSE:MGM) jointly announced today that the grand opening of the Kardashian Khaos store at The Mirage in Las Vegas is no longer taking place on August 21st, 2010. A new date for the store opening is being set and will soon be released. This event will mark the official unveiling of a project created by the Kardashians, The Mirage, TLK Fusion (www.tlkfusion.com) and BRAVADA International, who have all partnered to open the first Kardashian Khaos store, which promises to be a must visit destination in the heart of Las Vegas, Nevada.
Aug. 9, 2010 (Business Wire) — BRAVADA International Ltd. (www.BravadaLtd.com) (Pink Sheets:MFLI) announced today that it has released exciting new women’s yoga, fitness, gym and casual apparel colors and designs on www.BravadaWomen.com, the online ecommerce site for its BRAVADA Women’s Athletica retail stores. Some of the new colors include a sassy and energizing blend of purple, peach, orange and pink as well as traditional colors such as black, gray and white. BRAVADA will be adding additional new styles and color mixes heading into the Fall season including new colors for what it describes as North America’s number one fold-over Capri, the BRAVADA My Necessity Short Capri, My Necessity Long Capri, and its one of a kind Notice Me Capri.
CAMAC Energy Inc. (NYSE Amex: CAK)
Positive net cash flow from operations of $15.6 millionHARTSDALE, N.Y.–(BUSINESS WIRE)–CAMAC Energy Inc. (NYSE Amex: CAK), today announced its fiscal second-quarter results for the period ended June 30, 2010.
For the quarter ended June 30, 2010, net cash provided by operating activities was $15.6 million, compared to net cash used in operating activities of $2.6 million in the same period in 2009. The increase in operating cash flow is due primarily to the inflow of cash from CAMAC Energy’s newly acquired interest in the Oyo Oilfield.
Xenonics Holdings, Inc. (NYSE Amex: XNN)
CARLSBAD, Calif.–(BUSINESS WIRE)–XENONICS HOLDINGS, INC. (NYSE AMEX:XNN) announced today that it has received purchase orders totaling approximately $1 million from the U.S. Army and Aardvark Tactical, Inc. for the U.S. Marine Corps for Xenonics’ NightHunter high-intensity illumination devices. Shipments to the Army will begin immediately and delivery under the Aardvark order will be in mid-October.
Ballantyne Strong, Inc. (NYSE Amex: BTN)
Ballantyne Strong’s net revenues rose 67% to $32.7 million, an all-time quarterly record, reflecting a significant increase in digital cinema equipment sales as well as year-over-year sales gains from cinema screens and digital cinema services. Net earnings rose to $2.8 million, or $0.19 per diluted share, compared to net earnings of $0.9 million, or $0.07 per diluted share a year-ago. Q2 2010 results were positively impacted by approximately $1.3 million ($0.8 million after-tax) of equity income and gains pertaining to the Company’s 44.4% ownership in the Digital Link II, LLC joint venture during the quarter. The income primarily resulted from the sale of projectors that were previously held within the joint venture and compares to a net loss from the joint venture of $0.2 million in Q2 2009.
Baron Energy, Inc. (OTCBB: BROE)
NEW BRAUNFELS, Texas, Aug. 9, 2010 (GLOBE NEWSWIRE) — Baron Energy, Inc. (OTCBB:BROE) (”Baron” or the “Company”), an independent oil and gas company, today announced that oil production from its lease in Borden County, Texas has increased 50% since April of this year.
Clear-Lite Holdings, Inc. (OTCBB: CLRH)
BOCA RATON, Fla.–(BUSINESS WIRE)–Clear-Lite Holdings, Inc. (“ClearLite”) (OTCBB: CLRH), a leading innovator of eco-friendly lighting and the appreciably safer ArmorLite® CFL, announced that its line of ArmorLite: A Safer CFL™ will soon be offered at Fry’s Electronics, a mega big-box store and retailer of software, consumer electronics, computer hardware and household appliances, lamps and light bulbs.
About SmallCapVoice.com
SmallCapVoice.com is a recognized corporate investor relations firm, with clients nationwide. Known for its ability to help emerging growth companies build a following among retail and institutional investors, SmallCapVoice.com utilizes its stock newsletter to feature its audio interviews, as well small cap company’s financial news releases. SmallCapVoice.com also offers individual investors with all the tools they need to make informed decisions about the stocks they are interested in. Tools like our stock charts, stock alerts, and our company information sheets can assist with investing in stocks that are traded on the OTC BB and Pink Sheets.
The SmallCapVoice.com, Inc. Daily Highlights is an electronic publication, and is for informational purposes only. The Small Cap Voice Daily Highlights covers both client and non client issuers. Non client issuer’s news is listed under other small cap news. SmallCapVoice is an electronic publication providing information on selected public companies. All companies profiled on this website pay cash or restricted stock to SmallCapVoice as consideration for the electronic dissemination of the company’s information and our comments about the company. Section 17(b) of the Securities Act of 1933 requires that SmallCapVoice fully disclose the type consideration (i.e. cash, restricted stock, and restricted stock with registration rights, stock options, stock warrants, or other type consideration) and the specific amount of the consideration our company receives or will receive, directly or indirectly, from an issuer, underwriter, or dealer. No information contained in our website, e-mail communications or our publications should be considered as a solicitation to purchase or sell the securities of the profiled companies. SmallCapVoice is not a registered investment advisor or a registered securities broker dealer. We do not undertake or represent to make investment recommendations or to give advice pertaining to the purchase or sale of the securities mentioned in our web site, e-mail communications or publications. The information contained in our website, e-mail communications and publications are carefully compiled by SmallCapVoice from public sources that we believe to be reliable. SmallCapVoice, however, does not guarantee the accuracy of any information contained in our website, e-mail communications or publications. This material is not a substitute for either one’s own thorough investigation of an investment opportunity or the exercise of good business judgment. SmallCapVoice does not endorse, independently verify, or assert the truthfulness or reliability of any statements or data obtained from third party sources that are published by us about the profiled companies in our website articles, e-mail communications or publications, but we do not publish information that we know is incorrect. Investors should not rely solely on the information contained in our website, e-mail communications or publications when making investment decisions. Instead, investors should use the information provided on the profiled companies as a starting point for conducting additional research that will permit them to form their own opinions regarding the appropriateness of an investment in the profiled company’s securities. SmallCapVoice does not warrant, represent or guaranty that there has been no change in the affairs of the profiled company since the date that information was published on this website, in e-mail communications or in our publications regarding a profiled company or after the date of the profiled company’s press releases or other information disseminated via our website or publications. If you become aware of any change of circumstances related to any website article, e-mail communication or publication, please notify us immediately. See the Contact Us page for the appropriate e-mail address. The information contained in our website, e-mail communications and publications pertains to microcap, small cap and/or other thinly traded securities which by their very nature involve an extremely high degree of risk. An investment in these type of securities could result in the loss of some or all of an investment in the company. In addition, due to the illiquid nature of some of these securities, an investor may find encounter difficulties in liquidating the securities. SmallCapVoice may liquidate the stock consideration it receives at any time it deems it appropriate to do so after the required six-month holding period has run after the completion of the services for which SmallCapVoice was paid in stock. The liquidation of our stock may have a negative impact on the securities of the company liquidated, including decreased market value and/or dilution of the company’s securities. The following companies have paid, and/or have agreed to pay SmallCapVoice to: distribute the company’s information and reports on this website, to send e-mail communications; to send publications by mail, to post company Internet links on our website, and to compile and/or to distribute reports in an e-mail newsletter.
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Contact:
Stuart T. Smith CEO
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Categories: OTC Stocks
Stocks Move Higher Amid Better-than-Expected Jobless Claims Report
Submitted by SmallCapVoice.com
Stocks extended a rally into a third day as investors welcome a report that first-time jobless claims fell more than expected last week.
Mixed reports Thursday from retailers on June sales results have helped boost some individual stocks, but did not widely affect the market.
The Labor Department said initial jobless claims fell to their lowest levels since early May. Initial claims fell to a seasonally adjusted 454,000 last week, better than the 465,000 economists polled by Thomson Reuters had forecast.
The drop in claims, at least temporarily, reverses a trend of disappointing jobs reports that had sent stocks lower in recent weeks. Before a stock surge over the past two days, investors had regularly sold off stocks in recent weeks because of economic reports that showed the economy is growing, but not as fast as had been predicted.
Continued high unemployment has dragged down consumer confidence, which in turn has slowed spending. Consumer spending accounts for the bulk of economic activity. Without a rebound in jobs and sales, the economy is likely to continue to post only modest growth.
Reports from retailers indicated June sales were mixed. Limited Brands Inc., which owns Victoria’s Secret and Bath & Body Works, reported sales that topped expectations. Many teen retailers saw a drop in sales last month, including Hot Topic Inc. and The Wet Seal Inc.
In early morning trading, the Dow Jones industrial average rose 77.72, or 0.8 percent, to 10,096.00. The Standard & Poor’s 500 index rose 7.91, or 0.8 percent, to 1,068.18, while the Nasdaq composite index rose 17.25, or 0.8 percent, to 2,176.72.
Yesterday’s Top Performing Small Cap Stock:Tootie Pie Company (OTCBB: TOOT)
Tootie Pie Company was a SmallCapVoice.com top performer closing up over 23% on trading volume of 12,950 shares.
Tootie Pie Partners with Kraft FoodsJul. 8, 2010 (Business Wire) — Tootie Pie Company, Inc. (OTCBB:TOOT) announced that it has entered into a partnership with Kraft Foods for the upcoming holiday season. The two companies will co-market Tootie Pie with Kraft’s Cool Whip.
“There is probably no more recognizable, high-quality food brand than Kraft Foods,” said Don Merrill, President & CEO. “We are proud and excited that Kraft recognizes the value of having its Cool Whip product featured alongside Tootie Pie.”
Today’s SmallCapVoice.com Hot Stock to Watch:Concordis Group, Inc. (Pink Sheets: CNGI)
Concordis Group, Inc. Joins Captive Insurance Companies AssociationDESTIN, Fla., July 8 /PRNewswire-FirstCall/ — Concordis Group, Inc. (Pink Sheets: CNGI), a growing financial holding company, today announced it has become a member of the Captive Insurance Companies Association (CICA). CICA is the only domicile-neutral captive insurance association, free from jurisdictional or commercial ties since it is not linked with a domicile or government entity.
CICA members have an average of 2.5 captives per member. These captives most commonly write workers’ compensation and property/casualty lines, but have also diversified into areas such as product liability and employee benefits. Others have diversified into a substantial amount of related outside business and view their captives as important cost-savings mechanisms.
Other Small Cap News
Ballantyne Strong, Inc. (NYSE Amex: BTN)
Ballantyne Strong Secures New Order for 60 NEC Digital Cinema Projectors in ChinaAdds to Growing Asian Focus With Opening of Shanghai Office
BEIJING & SHANGHAI, CHINA & OMAHA, Neb.–(BUSINESS WIRE)–Ballantyne Strong, Inc. (NYSE Amex: BTN), a provider of digital cinema projection equipment and services, cinema screens and other cinema products, announced today that it has received a new order to provide 60 NEC digital cinema projectors to Beijing SunWah World Management Co., Ltd, China for theatres located throughout the People’s Republic of China (PRC). Initial projector shipments are expected to commence in Q3 ‘10, with the order slated for completion by early 2011.
Nymox Pharmaceutical Corporation
(Nasdaq: NYMX)
Nymox Reports Positive New Clinical Trial Data on Improvement in Key Symptom in Patients on NX-1207 Drug for Prostate EnlargementUrinary Urgency Symptoms in Patients Reduced by 52%
HASBROUCK HEIGHTS, N.J., July 7, 2010 (GLOBE NEWSWIRE) — Nymox Pharmaceutical Corporation (Nasdaq:NYMX) reported today positive new results from pooled analysis of completed clinical trials of NX-1207, the Company’s investigational drug for BPH. The trial data shows that patients receiving NX-1207 recorded significant quantitative improvement in the important symptom of urgent need to urinate. Compared to baseline, symptoms of urgency to urinate were reduced by 52% at 90 days after a single treatment with NX-1207, and this improvement was statistically significant compared to double-blinded placebo control patients (p<.003).
Frequency Electronics, Inc.
(Nasdaq: FEIM)
Frequency Electronics Awarded $5 Million in Low G DOD ContractsMITCHEL FIELD, N.Y., July 7, 2010 (GLOBE NEWSWIRE) — Frequency Electronics, Inc. (Nasdaq:FEIM) has been awarded two contracts totaling approximately $5 million in follow-up production requirements for an ongoing Department of Defense (DOD) program previously under development and pilot production contracts at Frequency. Product delivery is required to be completed within 12 to 18 months.
Integral Systems, Inc.
(Nasdaq: ISYS)
Integral Systems wins $14M contract modificationIntegral Systems wins $14 million contract modification for satellite project
COLUMBIA, Md. (AP) — Satellite systems maker Integral Systems Inc. on Wednesday said it has won a $14.2 million modification to a U.S. Air Force contract. The change is to a contract first awarded in early 2002 for a command and control project of the Air Force’s Space and Missile Systems Center. Under the modification, Integral Systems will continue providing its EPOCH integrated product suite to simplify operations through the consolidation of satellite ground systems.
CVD Equipment Corporation
(Nasdaq: CVV)
CVD Equipment Corporation 2010 Orders Increase by 70%RONKONKOMA, N.Y.–(BUSINESS WIRE)–CVD Equipment Corporation (Nasdaq: CVV) announced that it received over $6.0 million in new orders during the three (3) months ended June 30, 2010 and approximately $9.3 million in new orders for the six (6) months ended June 30, 2010. This surpasses the $2.8 and $5.5 million of new orders received during the three (3) and six (6) months ended June 30, 2009 by 125% and 70% respectively. The orders received during this period also exceeded all January through June periods in the history of CVD.
RegeneRx Biopharmaceuticals, Inc.
(NYSE Amex: RGN)
RegeneRx Awarded Australian Patent for New TB4 ApplicationsROCKVILLE, Md.–(BUSINESS WIRE)–RegeneRx Biopharmaceuticals, Inc. (NYSE Amex: RGN) (the “Company” or “RegeneRx”) today announced it has received Notice of Acceptance from the Australian patent office for the use of Thymosin beta 4 (Tß4), its analogues, isoforms and other derivatives in the treatment of infections and inflammatory disorders including colitis, ileitis, gastrointestinal ulcers and gingivitis, among others. The patent expires in 2023. This is one of several patents the Company has been granted in Australia related to its technology and drug candidates.
Dejour Enterprises Ltd.
(NYSE Amex: DEJ)
Dejour Announces Strong June 2010 Production ResultsCredit Facility Expansion Augments Q3 Drilling Capital
CALGARY, Alberta–(BUSINESS WIRE)–Dejour Enterprises Ltd. (NYSE-AMEX: DEJ / TSX: DEJ) (“Dejour”), a high growth oil and natural gas company operating multiple exploration and production projects in Northeastern British Columbia and Western Colorado, today announces high volume crude oil and natural gas output in June from the Company’s Woodrush Project located in the Peace River Arch in British Columbia, Canada.
Ballantyne Strong, Inc.
(NYSE Amex: BTN)
Ballantyne Strong Secures $20 Million Revolving Credit Facility with Wells FargoOMAHA, Neb.–(BUSINESS WIRE)–Ballantyne Strong, Inc. (NYSE Amex: BTN), a provider of digital cinema projection equipment and services, cinema screens and other cinema products, announced today that it has entered into a $20 million, one-year Revolving Credit Agreement and Note (collectively, the “Credit Facility”) with Wells Fargo Bank, N.A. Borrowings under the Credit Facility, which bear interest at a rate of LIBOR plus 125 basis points, will be primarily used for working capital and other general corporate purposes. The Credit facility expires June 30, 2011 and is secured by Ballantyne’s accounts receivable, general intangibles and inventory. The Credit Facility contains certain covenants and restrictions pertaining to the operations of the Company.
PhotoMedex, Inc.
(Nasdaq: PHMD)
PhotoMedex Receives Purchase Order from Its Middle East Distributor for Seventy-Five XTRAC® Laser SystemsMONTGOMERYVILLE, Pa.–(BUSINESS WIRE)–PhotoMedex, Inc. (Nasdaq:PHMD) announced that the Company has received from AMICO Group, its distributor in the Middle East, a multi-million dollar order to purchase XTRAC laser systems that will be installed in hospitals throughout the Kingdom of Saudi Arabia. The order includes customary terms and conditions, including advanced payments and letters of credit covering the purchase order. Delivery is expected to be in the third and fourth quarters of this year. GlobalMed Technologies, the Company’s master distribution partner, will facilitate the logistics associated with the deployment of the XTRAC systems under the purchase order, throughout the Saudi market.
About SmallCapVoice.com
SmallCapVoice.com is a recognized corporate investor relations firm, with clients nationwide. Known for its ability to help emerging growth companies build a following among retail and institutional investors, SmallCapVoice.com utilizes its stock newsletter to feature its daily stock picks, audio interviews, as well as its client’s financial news releases. SmallCapVoice.com also offers individual investors with all the tools they need to make informed decisions about the stocks they are interested in. Tools like our stock charts, stock alerts, and our investor fact sheets can assist with investing in stocks that are traded on the OTC BB and Pink Sheets.Small Cap Voice SCV is an electronic publication, and is for informational purposes only. The stocks profiled by SCV are only company profiles and are not intended to be and should not be accepted by you as recommendations to buy or sell in these securities. These profiles are compiled from publicly available sources. Our sources include, but are not limited to, online research, company profiles, member suggestions, magazines, newspapers, analyst suggestions, broker recommendations, contact with the company, company rumors, press releases and other similar information sources. All profiles are based on information that is accessible by the public. Investing in stocks involves risk. SCV is not and does not hold itself out to be a registered broker or dealer or other licensed securities professional. You should consult a qualified, licensed financial advisor or stock broker before making any decisions to invest in the securities of any company that is described in these profiles. For compensation and complete disclaimer click here.
Contact:
Stuart T. Smith CEO
512-267-2430
Categories: OTC Stocks
Stocks Rally Despite a Slowdown in the Service Sector
Submitted by SmallCapVoice.com
U.S. stocks rose on Tuesday, led by financial and technology shares, even though data showed U.S. non-manufacturing activity grew at a slower rate than expected in June.
An industry trade group says the service sector grew more slowly in June, yet another sign growth could weaken in the second half of 2010.
The Institute for Supply Management, a trade group of purchasing executives, says its index tracking service-oriented companies dipped to 53.8 last month from 55.4 in May.
A reading above 50 indicates expansion. Economists polled by Thomson Reuters expected a reading of 55.0 for June.
A robust service sector, which accounts for about 80 percent of U.S. employment, is crucial to keeping the economy growing and adding jobs.
ISM also says employers’ plans to hire declined in June after growing in May for the first time in 28 months.
The Dow Jones industrial average rose 147.36 points, or 1.52 percent, to 9,833.84. The Standard & Poor’s 500 Index jumped 16.86 points, or 1.65 percent, to 1,039.44. The Nasdaq Composite Index climbed 38.40 points, or 1.84 percent, to 2,130.19.
Yesterday’s Top Performing Small Cap Stock:VizStar, Inc. (OTCBB: VIZS)
VizStar, Inc. was a SmallCapVoice.com top performer closing up over 34% on trading volume of 108,444 shares.
VizStar, Inc. President and CEO Highlighted as a Featured Guest on Mind Your Own Business (MYOB) Radio ShowJul. 6, 2010 (Business Wire) — VizStar, Inc. (OTCBB: VIZS), an upscale aviation charter transportation broker, today announces that VizStar, Inc. President and CEO Gary Clyburn Jr. was recently featured on the MYOB (Mind Your Own Business) Radio Show with longtime entrepreneurs Rick Brutti and Jeffrey Davis.
Today’s SmallCapVoice.com Hot Stock to Watch:Tootie Pie Company (OTCBB: TOOT)
A New Audio Interview with Don Merrill, President and CEO of Tootie Pie Company, is now at SmallCapVoice.comJul. 6, 2010 (Business Wire) — SmallCapVoice.com, Inc. announced today that a new audio interview with Tootie Pie Company, Inc. (OTCBB: TOOT), a premium baker and seller of high-quality, handmade pies, is now available. The interview can be heard at http://smallcapvoice.com/blog/7-2-10-audio-interview-with-tootie-pie-company-otcbb-toot/.
Other Small Cap NewsFuelCell Energy, Inc. (Nasdaq: FCEL)
FuelCell Energy to Supply Fuel Cell Stacking and Conditioning Equipment to POSCO Power for Manufacturing FacilitiesPOSCO Power Orders DFC300 Fuel Cell Power Plant to Develop Applications for Emergency Power
DANBURY, Conn., July 6, 2010 (GLOBE NEWSWIRE) — FuelCell Energy, Inc. (Nasdaq:FCEL) a leading manufacturer of high efficiency ultra-clean power plants using renewable and other fuels for commercial, industrial, government, and utility customers today announced a contract to procure fuel cell stack module assembly and conditioning equipment to sell to POSCO Power, the Company’s South Korean partner. This contract demonstrates POSCO Power’s continued investment in fuel cell production capacity to capitalize on the demand for ultra-clean and highly efficient power generation in South Korea centered on the Company’s Direct FuelCell(R) products. FuelCell Energy also announced that under a separate contract, POSCO Power has ordered a 300 kilowatt DFC 300MA fuel cell power plant.
Aastrom Biosciences, Inc. (Nasdaq: ASTM) Aastrom to Pursue Phase 3 Clinical Program in CLIANN ARBOR, Mich., July 6, 2010 (GLOBE NEWSWIRE) — Aastrom Biosciences, Inc. (Nasdaq:ASTM), the leading developer of autologous cellular therapies for the treatment of severe cardiovascular diseases, today announced that the company will pursue a Phase 3 clinical program for its autologous cell therapy for the treatment of critical limb ischemia (CLI) through the U.S. Food and Drug Administration’s special protocol assessment (SPA) process. Aastrom is currently completing a Phase 2b clinical trial of its cell therapy in patients with CLI and recently met with FDA officials to discuss plans for the Phase 3 program.
Entrée Gold Inc. (NYSE Amex: EGI) Entrée Gold receives new coal mining licence, MongoliaVANCOUVER, July 6 /PRNewswire-FirstCall/ - Entrée Gold Inc. (TSX:ETG; NYSE AMEX:EGI; Frankfurt:EKA - “Entrée” or the “Company”) has received a mining licence covering its Nomkhon Bohr coal discovery, outlined through exploration efforts in 2008-2009. The new mining licence comprises approximately 14,030 hectares and covers the northwest corner of the former Togoot exploration licence. The portion of the property included in the mining licence is mainly underlain by Permian sediments which are known to host rich coal deposits in this part of the Gobi Desert.
Curis, Inc. (Nasdaq: CRIS) Curis Achieves Phase I Milestone Under Hsp90 Collaboration with DebiopharmCAMBRIDGE, Mass.–(BUSINESS WIRE)–Curis, Inc. (NASDAQ: CRIS) announced today that its licensee Debiopharm S.A. (“Debiopharm”) has treated the fifth patient in its ongoing Phase I clinical trial for small molecule heat shock protein 90 (Hsp90) inhibitor Debio 0932, formerly called CUDC-305. Under the terms of the August 2009 license agreement between Curis and Debiopharm, Curis will receive a $3 million milestone payment from Debiopharm for the achievement of this development objective.
Aurizon Mines (NYSE Amex: AZK) Aurizon and Niogold enter into agreement to advance the Marban Block property, Quebec“We are pleased to enter into this agreement with Niogold for the exploration of the Marban Block.” said David Hall, Aurizon’s CEO. “This is a continuation of our strategy to assemble a portfolio of exploration properties, at various stages of development, to complement our Casa Berardi and Joanna projects and to provide a strong pipeline for future growth.”
Arena Pharmaceuticals, Inc. (Nasdaq: ARNA) Arena Makes Deal On Obesity DrugJapan-based Eisai will market the weight management treatment in the U.S. once it gets FDA approval.
Arena Pharmaceuticals said today Japan-based Eisai will market the obesity and weight management drug lorcaserin in the US once it receives Food and Drug Administration approval.
Lucas Energy, Inc. (NYSE Amex: LEI) Lucas Energy Announces Closing Part II of Eagle Ford Shale Joint VentureHOUSTON, July 2, 2010 (GLOBE NEWSWIRE) — Lucas Energy, Inc. (NYSE Amex:LEI), an independent oil and gas company (the “Company”) based in Houston, Texas, today announced that the Company has closed the second part of its Eagle Ford joint venture with Hilcorp Energy I, L.P., an affiliate of Hilcorp Energy Company, one of the largest privately owned oil and gas companies in the United States. Hilcorp Energy I, L.P. has acquired interests in additional leases in the Company’s Eagle Ford acreage in Gonzales County, Texas. Additional Eagle Ford properties will be part of a third closing that is expected to take place by the end of July. To date, Lucas has received $8.9 million for an 85% working interest in approximately 10,500 acres in Gonzales County, Texas.
About SmallCapVoice.com
SmallCapVoice.com is a recognized corporate investor relations firm, with clients nationwide. Known for its ability to help emerging growth companies build a following among retail and institutional investors, SmallCapVoice.com utilizes its stock newsletter to feature its daily stock picks, audio interviews, as well as its client’s financial news releases. SmallCapVoice.com also offers individual investors with all the tools they need to make informed decisions about the stocks they are interested in. Tools like our stock charts, stock alerts, and our investor fact sheets can assist with investing in stocks that are traded on the OTC BB and Pink Sheets.
Small Cap Voice SCV is an electronic publication, and is for informational purposes only. The stocks profiled by SCV are only company profiles and are not intended to be and should not be accepted by you as recommendations to buy or sell in these securities. These profiles are compiled from publicly available sources. Our sources include, but are not limited to, online research, company profiles, member suggestions, magazines, newspapers, analyst suggestions, broker recommendations, contact with the company, company rumors, press releases and other similar information sources. All profiles are based on information that is accessible by the public. Investing in stocks involves risk. SCV is not and does not hold itself out to be a registered broker or dealer or other licensed securities professional. You should consult a qualified, licensed financial advisor or stock broker before making any decisions to invest in the securities of any company that is described in these profiles. For compensation and complete disclaimer click here.
Contact:
Stuart T. Smith CEO
512-267-2430
Categories: OTC Stocks
Stocks are Flat After Weak Jobs Report
The stock market is trading in a narrow range after another disappointing report on the jobs market. A report on manufacturing in the Midwest barely topped expectations but also gave stocks some support.
The Dow Jones industrial average fell 4 points, a day after falling 268. The other major indexes were also slightly higher.
Payroll company ADP said private employers added just 13,000 jobs in June. That’s well short of the 60,000 economists polled by Thomson Reuters forecast.
The weaker-than-expected jobs report is the latest in a long string of disappointing economic data that has contributed to the market’s turbulent second-quarter performance. Heading into the final day of June, the Dow is down 9.1 percent for the three-month period. Broader indexes are down 11 percent.
The ADP report is often seen as a precursor to the Labor Department’s big monthly jobs report due out Friday. ADP’s data only includes jobs created by private companies so it can vary widely from the Labor Department data, which also includes government jobs.
Friday’s government report is expected to show employers cut a total of 110,000 jobs in June. However, economists predict the net loss of jobs is tied primarily to the government laying off temporary workers that were hired to work on the 2010 census.
Yesterday’s Top Performing Small Cap Stock:Sillenger Exploration Corp. (OTCBB: SLGX)
Sillenger Exploration Corp. was a SmallCapVoice.com top performer closing up over 4% on trading volume of 11,500 shares.
Sillenger is a natural resource development company dedicated to bringing a progressive, creative and proprietary approach to natural resource exploration.
The Sillenger CLP Claims Licensing Program® is a turnkey process used in partnership with Governments to improve the way their natural resources are managed. The Company’s Government partners provide a “fast-track” to expediting all necessary permits, licenses, legal, and other bureaucratic documentation and procedures that exploration and extraction companies would require in order to begin their work programs in these countries.
The Company believes there is a strong indication that the Republic of Equatorial Guinea, which is a major offshore oil producer, is potentially rich with gold, diamonds, and other precious resources. The West Africa region hosts a number of major base metals mines extracting copper, zinc, bauxite, and iron ore. Recent exploration activity has led to the discovery of rare element strategic minerals such as uranium, tantalum, gallium and lithium.
Today’s SmallCapVoice.com Hot Stock to Watch:Tie Technologies, Inc. (Pink Sheets: TTCS)
TIE Technologies Secures $15 Million Reserve Equity Financing Facility With AGS Capital GroupNEW YORK, June 29, 2010 (GLOBE NEWSWIRE) — TIE Technologies, Inc. (Pink Sheets:TTCS), an information technology, smart logistics, and telemetrics company, today announced it has entered into a definitive agreement with AGS Capital Group, a New York based value fund, to provide investment capital of up to $15 million through a Reserve Equity Financing Facility.
Other Small Cap NewsLevel 3 Communications, Inc. (Nasdaq: LVLT)
Level 3 to Provide Network Support for MLB.com Media ArchiveLevel 3 to Provide High-Speed Internet, Colocation Services for MLB.com
BROOMFIELD, Colo.–(BUSINESS WIRE)–Level 3 Communications, Inc. (NASDAQ: LVLT) today announced that it has been selected by MLB.com, the official website of Major League Baseball, to deliver high-speed IP and colocation to support its network, media archive, as well as live and on-demand streaming capabilities.
Agria Corporation (NYSE: GRO) Agria Provides Update to Its Strategic Review and Reaches Agreement in Principle to Divest P3ABEIJING–(Marketwire - 06/29/10) - Agria Corporation (NYSE:GRO) (the “Company” or “Agria”), a China-based agriculture company with investments in key agriculture markets of China and New Zealand, today provided an update to its strategic review and announced it has reached an agreement in principle to divest Taiyuan Primalights III Agriculture Development Co., Ltd., or P3A, to Mr. Frank Xue, the president and a director of P3A.
Tegal Corporation (Nasdaq: TGAL) Tegal Receives Order for Tegal 200 SE Silicon DRIE Process Tool From Leading MEMS Research CenterCustomer Selects Tegal Silicon DRIE System for Advanced MEMS Research and Development After Highly Competitive Evaluation Process
PETALUMA, Calif.–(BUSINESS WIRE)–Tegal Corporation, (Nasdaq:TGAL) an innovator of specialized production solutions for the fabrication of advanced MEMS, power ICs and optoelectronic devices, today announced it has received an order for a Tegal 200 SE™ DRIE tool from a leading Asia Pacific-based Research and Development institution investigating MEMS and associated technologies. The Tegal 200 SE DRIE tool will be shipped and installed at the customer’s site later this calendar year.
ON Semiconductor (Nasdaq: ONNN) ON Semiconductor Receives Celestica’s 2009 Total Cost of Ownership Supplier AwardAward Recognizes ON Semiconductor’s “Execution” in Supporting Celestica’s Supply Chain Sourcing Strategy
PHOENIX–(BUSINESS WIRE)–ON Semiconductor (Nasdaq: ONNN), a premier supplier of high performance, energy efficient silicon solutions for green electronics, has been awarded a 2009 Total Cost of Ownership (TCOOTM) Supplier Award from Celestica, a global leader in the delivery of end-to-end product lifecycle solutions. The awards program recognizes suppliers that support Celestica’s TCOO sourcing strategy to provide its customers with the best possible supply chain solution for their products.
HearUSA, Inc. (NYSE Amex: EAR) HearUSA Introduces AARP Hearing Care Program for Americans Aged 50+ in Hawaii TodayWEST PALM BEACH, Fla., June 29 /PRNewswire-FirstCall/ — Designed to help millions of Americans aged 50+ who have hearing loss, the AARP Hearing Care program, provided by HearUSA (NYSE Amex:EAR), is being launched in Hawaii today as part of a nationwide rollout.
Vista Gold Corp. (NYSE Amex: VGZ) Vista Gold Corp. Announces New Exploration Target Discovery at its Mt. Todd Gold Project and Provides Mt. Todd Gold Project UpdateDENVER, June 29 /PRNewswire-FirstCall/ — Vista Gold Corp. (”Vista” or the “Company”) (TSX & NYSE Amex Equities: VGZ) announced today the discovery of a new exploration target located on its Exploration Tenements held together with the Mining Leases at the Company’s Mt. Todd gold project in Northern Territory (”NT”), Australia. Vista also provided updates on the progress of a drilling program at the Batman deposit and announced that the Pre-Feasibility Study for the Mt. Todd gold project is nearing completion.
Kodiak Oil & Gas Corp. (NYSE Amex: KOG) Kodiak Oil & Gas Corp. Provides Interim Operations UpdateSecures Pipeline Capacity on Dunn County Leasehold
Kodiak currently operates a two-drilling-rig program in the Williston Basin, with one rig running in Dunn County, N.D. and the second rig drilling ahead in McKenzie County, N.D. The Company also continues to participate in wells drilled by other operators throughout the Williston Basin. Basin-wide, Kodiak currently has four operated wells and three non-operated wells awaiting completion during the second half of 2010.
Response Genetics Inc. (Nasdaq: RGDX) Response Genetics Launches EML4-ALK Genetic Test in Lung CancerAdditional Biomarker Associated with Sensitivity to New Generation of Cancer Fighting Agents
LOS ANGELES–(BUSINESS WIRE)–Response Genetics Inc. (Nasdaq: RGDX), a company focused on the development and sale of molecular diagnostic tests for cancer, today announced that it has expanded its ResponseDX: Lung™ genetic test panel to detect the presence of EML4-ALK gene variants in lung cancer patients. EML4-ALK fusion genes are present in about four percent of tumors from patients with non-small cell lung cancer (NSCLC). These rearranged genes promote tumor cell growth and predict lack of benefit from therapies that inhibit EGF receptor (EGFR) activity.
Cerus Corporation (Nasdaq: CERS) Study Results Presented at International Transfusion Congress Highlight Cerus’ Progress Toward Improving the Safety of Platelets, Plasma and Red Blood CellsData Supports Efficacy, Safety, Quality and Feasibility of INTERCEPT Pathogen Inactivation Process
CONCORD, Calif.–(BUSINESS WIRE)–Cerus Corporation (NASDAQ:CERS) announced results of 22 abstracts presenting experiences with the INTERCEPT Blood System for platelets, plasma and red blood cells during the XXXIst International Congress of the International Society for Blood Transfusion in Berlin, Germany held from June 26 to July 1. Studies included data collected in Spain, France, Germany, Italy, Belgium, Sweden, Luxembourg and Scotland, covering a broad range of topics from in vitro results of routine validations to therapeutic efficacy of treated platelets.
About SmallCapVoice.com
SmallCapVoice.com is a recognized corporate investor relations firm, with clients nationwide. Known for its ability to help emerging growth companies build a following among retail and institutional investors, SmallCapVoice.com utilizes its stock newsletter to feature its daily stock picks, audio interviews, as well as its client’s financial news releases. SmallCapVoice.com also offers individual investors with all the tools they need to make informed decisions about the stocks they are interested in. Tools like our stock charts, stock alerts, and our investor fact sheets can assist with investing in stocks that are traded on the OTC BB and Pink Sheets.
Small Cap Voice SCV is an electronic publication, and is for informational purposes only. The stocks profiled by SCV are only company profiles and are not intended to be and should not be accepted by you as recommendations to buy or sell in these securities. These profiles are compiled from publicly available sources. Our sources include, but are not limited to, online research, company profiles, member suggestions, magazines, newspapers, analyst suggestions, broker recommendations, contact with the company, company rumors, press releases and other similar information sources. All profiles are based on information that is accessible by the public. Investing in stocks involves risk. SCV is not and does not hold itself out to be a registered broker or dealer or other licensed securities professional. You should consult a qualified, licensed financial advisor or stock broker before making any decisions to invest in the securities of any company that is described in these profiles. For compensation and complete disclaimer click here.
Contact:
Stuart T. Smith CEO
512-267-2430
Categories: OTC Stocks
Stocks are Lower on FedEx Warning and Weak Housing Data
Submitted by SmallCapVoice.com
Stocks slipped at the open on Wednesday as FedEx warned about higher costs, housing starts fell to a five-month low and new concerns surfaced over Spain’s fiscal problems.
FedEx on Wednesday offered a conservative outlook for its new fiscal year even as strong exports from Asia led to healthy fourth-quarter results.
The forecast for earnings of $4.40 to $5 per share, falls short of analysts’ predictions of $5.05 per share. But it’s the first time the company has issued a full-year forecast since before the recession, indicating growing confidence in the long-term recovery in global trade.
Housing starts fell more than expected in May to a five-month low as a homebuyer tax credit expired while plunging energy costs pushed producer prices lower, buying time for the Federal Reserve to maintain its ultra-low interest rate policy.
New home building dropped 10 percent to a seasonally adjusted annual rate of 593,000 units, the lowest level since December, the Commerce Department said on Wednesday.
The percentage decline was the biggest in 14 months and April’s housing starts were revised down to show a 3.9 percent increase from a previously reported 5.8 percent rise.
Analysts polled by Reuters had expected housing starts to fall to 650,000 units. Compared to May last year, starts were up 7.8 percent.
The Dow Jones industrial average fell 63.63 points, or 0.61 percent, to 10,341.14. The Standard & Poor’s 500 Index lost 7.14 points, or 0.64 percent, to 1,108.09. The Nasdaq Composite Index was off 13.88 points, or 0.60 percent, to 2,292.00.
Yesterday’s Top Performing Small Cap Stock:Tie Technologies, Inc. (Pink Sheets: TTCS)
TIE Technologies, Inc. was a SmallCapVoice.com top performer yesterday closing up over 44% on trading volume of 3,600 shares.
TIE Technologies, Inc. and Geocomp Corporation announced that the OilDam(TM) technology and the Trademark Application, patent rights and associated assets are owned in equal parts by TIE Technologies and Geocomp, the team leaders of the OilDam(TM) Emergency Containment Proposal.
An application to register the OilDam(TM) mark has been filed with the United States Patent and Trademark Office, thus it is considered a “pending” application. The overall process, from the time of initial filing to final registration, can take 13-18 months or even longer, depending on many factors; e.g., the Examiner’s preliminary refusal based on technical clarifications, the descriptiveness of the mark and/or a likelihood of confusion with existing third party marks.
TIE Technologies’ revised OilDam(TM) proposal developed in conjunction with Geocomp Corporation has been escalated to final technical engineering review by BP’s Horizon Alternative Response Technology Team and is scheduled for field testing by the BP and U.S. Coast Guard Field Technical Operations Group.
Today’s SmallCapVoice.com Hot Stock to Watch:Oromin Explorations Ltd. (OTCBB: OLEPF)
Oromin Explorations Ltd.: Update-Santa Rosa Oil and Gas ProjectVANCOUVER, BRITISH COLUMBIA — (Marketwire) — 06/16/10 — Oromin Explorations Ltd. (TSX: OLE)(OTCBB: OLEPF) (“Oromin”) is pleased to provide an update on the current status of and plans for its 100% owned Santa Rosa oil & gas concession in the Province of Mendoza, Argentina.
Other Small Cap NewsDataram Corporation (Nasdaq: DRAM)
Strategic Partnering Activities Expanded by Dataram Corporation and Advanced Industrial Computer (AIC)PRINCETON, N.J.–(BUSINESS WIRE)–Dataram Corporation (NASDAQ: DRAM), a worldwide leader in the manufacture of high-quality computer memory, storage products and software, today announced that it has formally agreed to expand strategic partnering activities with Advanced Industrial Computer (AIC), a leading provider of original equipment and design manufacturer (OEM/ODM) server and storage solutions.
Hemispherx Biopharma, Inc. (NYSE Amex: HEB) Hemispherx Biopharma Licenses Platform Technologies to GP PharmInitial Commercial Target is Chronic Fatigue Syndrome in Latin America
PHILADELPHIA, June 15, 2010 (GLOBE NEWSWIRE) — Hemispherx Biopharma, Inc. (NYSE Amex:HEB) (the “Company” or “Hemispherx”), announced that the Company executed an exclusive revenue sharing Sales, Marketing, Distribution and Supply Agreement for Argentina with GP Pharm Latinoamerica (”GP Pharm”), an affiliate company of Spanish GP Pharm SA (www.gp-pharm.com). Under this Agreement, GP Pharm will be responsible for gaining regulatory approval in Argentina for Ampligen(R), an experimental therapeutic, to treat Chronic Fatigue Syndrome (”CFS”) in Argentina and for commercializing Ampligen(R) for this indication in Argentina.
Blue Dolphin Energy Company (Nasdaq: BDCO) Blue Dolphin Signs Commitment Letter to Acquire Majority Working Interest in Indonesian AssetsHOUSTON, June 15 /PRNewswire-FirstCall/ — Blue Dolphin Energy Company (Nasdaq:BDCO) (”Blue Dolphin” or the “Company”), an independent oil and gas company with operations in the Gulf of Mexico, announced today that it has signed a commitment letter with Blue Sky Langsa, Ltd. (”Blue Sky”) to acquire 70% working interest in a Technical Assistance Contract for the Langsa area, Offshore Indonesia (the “TAC Langsa”) in a non-cash transaction to be effective June 1, 2010.
Immunomedics, Inc. (Nasdaq: IMMU) Immunomedics Doses First Patient in Phase I/II Study of Milatuzumab-Doxorubicin Conjugate for Multiple Myeloma TherapyMORRIS PLAINS, N.J., June 15, 2010 (GLOBE NEWSWIRE) — Immunomedics, Inc. (Nasdaq:IMMU), a biopharmaceutical company focused on developing monoclonal antibodies to treat cancer and other serious diseases, today announced the dosing of the first patient in a Phase I/II clinical trial of the doxorubicin conjugate of milatuzumab for the treatment of patients with relapsed multiple myeloma.
Nymox Pharmaceutical Corporation (Nasdaq: NYMX) Nymox Reports Near Completion of New Five Year Long-Term Follow-Up NX02-0014 U.S. Study of BPH DrugHASBROUCK HEIGHTS, N.J., June 15, 2010 (GLOBE NEWSWIRE) — Nymox Pharmaceutical Corporation (Nasdaq:NYMX) announced today that the Company is nearing completion of a new multi-center U.S. long-term follow-up study of NX-1207, its investigational drug for the treatment of benign prostatic hyperplasia (BPH). Nymox expects to report final results and statistical analysis for the study in the next 1-2 weeks. The new study concerns assessment of the 48-60 month efficacy and benefits of a single treatment of NX-1207. Patients in the new study were followed and have remained blinded subsequent to their participation in Nymox’s U.S. Study NX02-0014 in 2005-2006.
HealthTronics, Inc. (Nasdaq: HTRN) HealthTronics Announces Receipt of FDA 510(k) ClearanceAUSTIN, Texas, June 15, 2010 (GLOBE NEWSWIRE) — HealthTronics, Inc. (Nasdaq:HTRN), a leading provider of urological products and services, today announced that its wholly-owned subsidiary, Endocare, Inc., has received 510(k) clearance from the U.S. Food and Drug Administration (FDA) for Endocare’s Cryocare CS(R) Surgical System, including Endocare’s variable cryoprobe, known as the V-Probe(R).
GenVec, Inc. (Nasdaq: GNVC) GenVec Announces Engagement of Financial Advisor to Evaluate Strategic AlternativesGAITHERSBURG, Md., June 15 /PRNewswire-FirstCall/ — GenVec, Inc. (Nasdaq:GNVC) today announced that it has engaged Wells Fargo Securities, LLC to conduct a comprehensive review of strategic alternatives aimed at enhancing shareholder value.
Great Wolf Resorts, Inc. (Nasdaq: WOLF) Great Wolf Resorts Announces Acquisition of Controlling Interest in Creative KingdomsMADISON, Wis.–(BUSINESS WIRE)–Great Wolf Resorts, Inc. ® (NASDAQ: WOLF), North America’s largest family of indoor waterpark resorts, announced that it has acquired a majority stake in Creative Kingdoms, LLC, a developer of experiential gaming products including MagiQuest®, a high-tech, interactive, fantasy entertainment game available at nine Great Wolf Lodge® resorts.
PDL BioPharma, Inc. (Nasdaq: PDLI) PDL BioPharma Provides Second Quarter 2010 Revenue Guidance of Approximately $120 MillionINCLINE VILLAGE, Nev., June 15 /PRNewswire-FirstCall/ — PDL BioPharma, Inc. (PDL) (Nasdaq:PDLI) today announced revenue guidance for the second quarter ended June 30, 2010 of approximately $120 million, as compared with actual results of $125.9 million for the second quarter of 2009. Included in second quarter 2010 guidance is $1.5 million earned on Eurodollar foreign currency hedging contracts that the Company initiated in January 2010. Included in actual results for the second quarter 2009 and not included in second quarter 2010 guidance are the second of two $12.5 million installment payments from Alexion and royalties of $18.9 million for sales of Synagis®. The Company does not anticipate receiving royalties for Synagis sales in the second quarter of 2010 due to the ongoing legal dispute with MedImmune.
About SmallCapVoice.com
SmallCapVoice.com is a recognized corporate investor relations firm, with clients nationwide. Known for its ability to help emerging growth companies build a following among retail and institutional investors, SmallCapVoice.com utilizes its stock newsletter to feature its daily stock picks, audio interviews, as well as its client’s financial news releases. SmallCapVoice.com also offers individual investors with all the tools they need to make informed decisions about the stocks they are interested in. Tools like our stock charts, stock alerts, and our investor fact sheets can assist with investing in stocks that are traded on the OTC BB and Pink Sheets.
Small Cap Voice SCV is an electronic publication, and is for informational purposes only. The stocks profiled by SCV are only company profiles and are not intended to be and should not be accepted by you as recommendations to buy or sell in these securities. These profiles are compiled from publicly available sources. Our sources include, but are not limited to, online research, company profiles, member suggestions, magazines, newspapers, analyst suggestions, broker recommendations, contact with the company, company rumors, press releases and other similar information sources. All profiles are based on information that is accessible by the public. Investing in stocks involves risk. SCV is not and does not hold itself out to be a registered broker or dealer or other licensed securities professional. You should consult a qualified, licensed financial advisor or stock broker before making any decisions to invest in the securities of any company that is described in these profiles. For compensation and complete disclaimer click here.
Contact:
Stuart T. Smith CEO
512-267-2430
Categories: OTC Stocks
Stocks are Higher Amid Strong European Economic Data
Stocks rose on Monday, boosted by technology and industrial shares after strong euro zone industrial data reassured investors the global economic rebound is on track.
European shares hit a four-week high after April euro zone industrial output surged at the biggest pace year-on-year in almost two decades, easing concerns that a slowdown in Europe could curb global growth.
A burst of short-covering also helped lift the euro as sentiment toward risky assets improved. The common currency has been a barometer for European stability, with U.S. stocks tracking its movements.
Oil futures climbed 2.3 percent to $75.51 per barrel on renewed optimism about a recovery.
The Dow Jones industrial average rose 74.37 points, or 0.73 percent, to 10,285.44. The Standard & Poor’s 500 Index added 8.22 points, or 0.75 percent, to 1,099.82. The Nasdaq Composite Index gained 22.91 points, or 1.02 percent, to 2,266.51.
Yesterday’s Top Performing Small Cap Stock:VizStar, Inc. (OTCBB: VIZS)
VizStar Inc. was a SmallCapVoice.com top performer yesterday closing up over 6% on trading volume of 50,375 shares.
Celestial Jets is the fastest growing premier aviation charter broker delivering a new and unprecedented way to experience private travel. As one of the foremost aviation charter brokers, Celestial Jets is built around two core assets, its brand and its people. These assets have built the foundation for Celestial Jets, allowing them to become as diverse as the institutions, communities, and individuals that they serve.
Today’s SmallCapVoice.com Hot Stock to Watch:Sillenger Exploration Corp. (OTCBB: SLGX)
Fugro Retained by Sillenger for Airborne Geophysical Survey of Equatorial GuineaTORONTO — (Marketwire) — 06/14/10 — Sillenger Exploration Corp. (“Sillenger”) (OTCQB: SLGX) (PINKSHEETS: SLGX) is pleased to announce that it has retained the services of Fugro Airborne Surveys Corp to conduct the airborne geophysical survey of the Rio Muni region of Equatorial Guinea. The upcoming survey will help to reveal the locations of potential deposits, and provide a detailed reading of the subsurface structures.
SmallCapVoice Clients’ NewsBRAVADA International Ltd (Pink Sheets: MFLI)
BRAVADA Schedules Investor’s Conference Call for Wednesday June 16 with CEO Danny Alex Regarding Positive Material DevelopmentsJun. 14, 2010 (Business Wire) — BRAVADA Muscle Flex Inc. (www.MuscleFlex.com) (Pink Sheets:MFLI) announced today that will be conducting an investor conference call with CEO Danny Alex on Wednesday June 16 instead of the previously announced June 22 to disclose a number of significant positive material developments. The conference call shall take place at 3:00 PM PT. Investor call in information is as follows:
Phone: 712-432-0075
Access Number: 432665
Angiotech Pharmaceuticals, Inc. (Nasdaq: ANPI)
Angiotech’s licensee, Cook Medical, files PMA submission for FDA approval of Zilver(R) PTX(R) Drug-Eluting Stent platformVANCOUVER, June 11 /PRNewswire-FirstCall/ - Angiotech Pharmaceuticals, Inc. (NASDAQ: ANPI, TSX: ANP) today announced Cook Medical, a license holder of Angiotech’s paclitaxel technology, has submitted its Pre-Market Approval (PMA) application to the U.S. Food and Drug Administration (FDA) for the company’s unique polymer-free Zilver(R) PTX(R) Drug-Eluting Peripheral Stent. Intended for use in patients with peripheral arterial disease (PAD) in the superficial femoral artery (SFA), Zilver PTX is a self-expanding, highly durable nitinol stent that uses a proprietary, polymer-free technology to deliver a locally therapeutic dose of paclitaxel, an anti-proliferative drug, to the target lesion.
Allos Therapeutics, Inc. (Nasdaq: ALTH)
New Data Presented at 15th Annual EHA Meeting Demonstrates Responses to FOLOTYN in Patients Failing Prior Systemic Therapies
BARCELONA, Spain & WESTMINSTER, Colo.–(BUSINESS WIRE)–Allos Therapeutics, Inc. (NASDAQ: ALTH) today announced updated data from its ongoing dose finding Phase 1 study of FOLOTYN® (pralatrexate injection) in patients with relapsed or refractory cutaneous T-cell lymphoma (CTCL), a group of often slow-growing non-Hodgkins lymphomas that primarily manifest in the skin. These data were presented during a poster presentation at the European Hematology Association (EHA) meeting being held June 10-13, 2010 in Barcelona, Spain.
Lucas Energy, Inc. (NYSE Amex: LEI)
HOUSTON, June 11, 2010 (GLOBE NEWSWIRE) — Lucas Energy, Inc. (NYSE Amex:LEI), an independent oil and gas company (the “Company”) based in Houston, Texas, today announced that the Company has five (5) workover rigs running in the Eagle Ford - Austin Chalk Trend area. Three of the workover rigs are working on re-entries of old, abandoned wells, and one of the workover rigs is drilling a new lateral in the Austin Chalk formation. The Company will log and/or test the Eagle Ford formation in at least three wells within the next month.
Hyperdynamics Corporation (NYSE Amex: HDY)
HOUSTON, June 11 /PRNewswire-FirstCall/ — Hyperdynamics Corporation (NYSE Amex: HDY) today announced that it has contracted with PGS Geophysical to conduct the acquisition phase of a 3D seismic survey on its offshore block in the Republic of Guinea. Following a thorough technical and commercial review of the seven bids received in the May tender, Hyperdynamics awarded the contract to the Norwegian-based firm. The 3,500 square kilometer survey will be acquired over two separate portions of the contract area with the intention of obtaining detailed imaging of the multiple prospects which were identified from the prior 2D seismic data.
Javelin Pharmaceuticals, Inc. (NYSE Amex: JAV)
Javelin Pharmaceuticals receives $2 million loan from Hospira under existing deal
CAMBRIDGE, Mass. (AP) — Javelin Pharmaceuticals said Friday that Hospira funded a $2 million loan to the company.
Hospira funded the loan on June 10 under an existing agreement between the companies.
The companies are currently embroiled in a lawsuit over a buyout plan.
Timberline Resources Corporation (NYSE Amex: TLR)
COEUR D’ALENE, Idaho, June 14, 2010 (GLOBE NEWSWIRE) — Timberline Resources Corporation (NYSE Amex:TLR) (TSX-V:TBR) (”Timberline”) is pleased to announce that its contract core drilling subsidiary, Timberline Drilling, has entered into a three-year extension to its existing underground and surface drilling contract with its largest customer. Timberline Drilling’s contract now extends into 2014 which provides revenue stability and aids in the retention of quality staff and drillers by providing steady work for the company and its employees.
Arotech Corporation (NASDAQ: ARTX)
ANN ARBOR, MI–(Marketwire - 06/14/10) - Arotech Corporation (NASDAQ:ARTX), a provider of quality defense and security products for the military, law enforcement and security markets, announced today that its Armor Division has received orders valued at more than
Micromet, Inc. (Nasdaq: MITI)
BETHESDA, Md., June 14 /PRNewswire-FirstCall/ — Micromet, Inc. (Nasdaq:MITI) today announced the presentation of updated results from a Phase 1 trial of the Company’s lead product candidate blinatumomab (MT103) in patients with relapsed non-Hodgkin’s lymphoma (NHL). A high objective response rate was maintained among patients treated with blinatumomab using an adapted schedule, comparable to that previously reported in patients receiving constant dosing. Blinatumomab is the first in a new class of agents called BiTE® antibodies, designed to harness the body’s T cells to kill cancer cells.
Intellicheck Mobilisa, Inc. (NYSE Amex: IDN)
Fort Polk Adds to Defense ID System
PORT TOWNSEND, Wash.–(BUSINESS WIRE)–Intellicheck Mobilisa, Inc. (NYSE AMEX: IDN), a global leader in access control and wireless security systems, received a contract from the US Army at Fort Polk to provide them with additional Defense ID ® access control equipment. The value of the contract is nearly $200,000 for additional equipment, software, installation, training and warranties.
About SmallCapVoice.com
SmallCapVoice.com is a recognized corporate investor relations firm, with clients nationwide. Known for its ability to help emerging growth companies build a following among retail and institutional investors, SmallCapVoice.com utilizes its stock newsletter to feature its daily stock picks, audio interviews, as well as its client’s financial news releases. SmallCapVoice.com also offers individual investors with all the tools they need to make informed decisions about the stocks they are interested in. Tools like our stock charts, stock alerts, and our investor fact sheets can assist with investing in stocks that are traded on the OTC BB and Pink Sheets.
Small Cap Voice SCV is an electronic publication, and is for informational purposes only. The stocks profiled by SCV are only company profiles and are not intended to be and should not be accepted by you as recommendations to buy or sell in these securities. These profiles are compiled from publicly available sources. Our sources include, but are not limited to, online research, company profiles, member suggestions, magazines, newspapers, analyst suggestions, broker recommendations, contact with the company, company rumors, press releases and other similar information sources. All profiles are based on information that is accessible by the public. Investing in stocks involves risk. SCV is not and does not hold itself out to be a registered broker or dealer or other licensed securities professional. You should consult a qualified, licensed financial advisor or stock broker before making any decisions to invest in the securities of any company that is described in these profiles. For compensation and complete disclaimer click here.
Contact:
Stuart T. Smith CEO
512-267-2430
Categories: OTC Stocks
Stocks are Slightly Higher on Signs of Economic Growth
Hopeful signs that debt in Europe won’t derail a global economic recovery sent stocks higher Wednesday.
Federal Reserve chairman Ben Bernanke is scheduled to testify in front of the House Budget Committee. He is expected to reiterate his belief that the U.S. economy will not fall back into recession, but growth will remain slow. Similar comments from the Fed chairman helped push stocks higher Tuesday.
The Fed releases its beige book report Wednesday afternoon. The report is a snapshot of regional economic activity. A more positive tone by the Fed, which has been guarded in its assessment of the economy thus far, could provide the impetus to push stocks higher.
A report on wholesale inventories and sales is likely to confirm continued domestic growth. The report is expected to show inventories at the wholesale level rose for the fourth straight month, while sales likely climbed for the 13th straight month in April.
Economists surveyed by Thomson Reuters expect that inventories at the wholesale level rose 0.5 percent in April, while sales rose 0.6 percent. That compares with inventory growth of 0.4 percent and a jump in sales of 2.4 percent in March.
The slowdown in sales would be consistent with recent data that shows the economy is improving, but growth is slow and sometimes choppy.
Despite expected signs of growth in the U.S., concerns about the health of Europe’s economy has traders anxious. Governments across Europe are planning deep spending cuts to contain rising debt, which some investors worry will bring even a modest global economic recovery to a halt.
Stocks are also getting a boost after the euro climbed back above $1.20, after trading slightly lower earlier in the morning. Major European indexes erased early morning losses.
In early morning trading, the Dow Jones industrial average rose 39.00, or 0.4 percent, to 9,978.98. The Standard & Poor’s 500 index rose 5.33, or 0.5 percent, to 1,067.33, while the Nasdaq composite index rose 13.54, or 0.6 percent, to 2,184.11.
Yesterday’s Top Performing Small Cap Stock:Tie Technologies, Inc. (Pink Sheets: TTCS)
TIE Technologies, Inc. was a SmallCapVoice.com top performer yesterday closing up over 66% on trading volume of 116,214 shares.
TIE Technologies OilDam(R) Proposal Escalated to Final Review by BPNEW YORK, June 8, 2010 (GLOBE NEWSWIRE) — TIE Technologies, Inc. (Pink Sheets:TTCS), an information technology, smart logistics, and telemetrics company, today announces BP’s escalation of TIE Technologies’ previously submitted OilDam® Emergency Containment Proposal to field review by BP and U.S. Coast Guard.
TIE Technologies’ revised OilDam® proposal has been escalated to final technical engineering review by BP’s Horizon Alternative Response Technology Team and is now under consideration for immediate field testing by the BP and U.S. Coast Guard Field Technical Operations Group.
Today’s SmallCapVoice.com Hot Stock to Watch:CaseyCorp Enterprises, Inc. (OTCBB: CCPR)
Casey Corp Announces 2009 Update Review: Over $45,000,000 Revenues in Profitable Gold SalesNEW YORK, June 9, 2010 /PRNewswire-FirstCall/ — Casey Corp. (OTCBB: CCPR) (the “Company”), a recycler of precious metals, wishes to update its shareholders with a quarterly review.
In 2009, Casey Corp.’s through its ESM operating subsidiary, showed a positive cash flow and a net profit, with revenues in excess of $45million.
SmallCapVoice Clients’ NewsBRAVADA International Ltd (Pink Sheets: MFLI)
BRAVADA Announces Special Guest Mel B to Attend its Exclusive Red Carpet BRAVADA Women’s Athletica Grand Opening Party on June 10 at 6:00 PM on Robertson Blvd in Los AngelesJun. 9, 2010 (Business Wire) — BRAVADA Muscle Flex Inc. (www.BravadaLtd.com) (Pink Sheets:MFLI) announced today that special guest Mel B is to attend BRAVADA’s Red Carpet Grand Opening Party for the BRAVADA Women’s Athletica Los Angeles June 10 at 6 PM on Robertson Blvd Retail location. Mel B (www.OfficialMelanieBrown.com) is one of the most recognized international female entertainers and has achieved iconic success as one of the members of the Spice Girls, Scary Spice, as well as a number of other acting, musical and philanthropic endeavors. As BRAVADA’s special guest, Mel B will bring incredible excitement and international flare in joining the celebration for the BRAVADA Women’s Athletica Store Grand Opening extravaganza being held on June 10 at 322 Robertson Blvd in Los Angeles California.
Celsion Corporation (Nasdaq: CLSN)
Celsion Announces ThermoDox® Abstract Presented at the American Society of Clinical Oncology 2010 Annual MeetingAbstract presented as part of the “Trials in Progress Poster Session”
COLUMBIA, Md., June 8 /PRNewswire-FirstCall/ — Celsion Corporation (Nasdaq:CLSN) announced today that an abstract on the Phase I/II DIGNITY trial of ThermoDox® in Recurrent Chest Wall (RCW) Breast Cancer was presented at a poster session on June 7, 2010 at the American Society of Clinical Oncology (ASCO) 2010 Annual Meeting. The abstract presented the background, rationale, and design of the DIGNITY study, which is ongoing and evaluating ThermoDox in combination with microwave hyperthermia in women with RCW. The ASCO Annual Meeting is being held June 4-8, 2010 at the McCormick Place Convention Center in Chicago, Illinois.
Rexahn Pharmaceuticals, Inc. (NYSE Amex: RNN)
ROCKVILLE, Md.–(BUSINESS WIRE)–Rexahn Pharmaceuticals, Inc. (NYSE Amex:RNN), a clinical stage pharmaceutical company commercializing potential best in class oncology and CNS therapeutics, today announced that it has engaged renowned investment banker Frederick Frank, Vice Chairman of Peter J. Solomon Company (PJSC), as an independent consultant, to advise on a range of corporate activities.
Emrise Corp. (NYSE Arca: ERI)
Net Proceeds Will Pay Down Debt, Help Strengthen Balance Sheet and Position Company To Focus on Growing Its Business
Emrise Corp. (NYSE Arca:ERI), a multi-national manufacturer of defense, aerospace and industrial electronic devices and communications equipment, today announced that is has entered into a binding stock purchase agreement with Plainview, NY-based Aeroflex Incorporated pursuant to which EMRISE will sell all of the issued and outstanding shares of common stock of its Advanced Control Components, Inc. subsidiary (“ACC”) to Aeroflex for $20 million in an all cash transaction, subject to a potential working capital adjustment. The sale of ACC is subject to the approval of EMRISE’s stockholders. The transaction is expected to close in July 2010.
Cereplast, Inc. (Nasdaq: CERP)
Sales momentum builds for company’s ‘Green’ alternative to traditional plastics
EL SEGUNDO, Calif.–(BUSINESS WIRE)–Cereplast, Inc. (NASDAQ: CERP) a leading manufacturer of proprietary bio-based, sustainable plastics, announced today that it expects to produce and ship approximately 16 million pounds of their proprietary bio-plastic resins to customers in 2010, representing a 400% increase in shipments compared to 2009.
Advanced Battery Technologies, Inc. (Nasdaq: ABAT)
NEW YORK, June 8, 2010 (GLOBE NEWSWIRE) — Advanced Battery Technologies, Inc. (Nasdaq:ABAT), a leading developer, manufacturer and distributor of rechargeable Polymer Lithium-Ion (PLI) batteries as well as a manufacturer of electric vehicles, today announced that it received an order to sell electric vehicles valued at approximately $1.1 million to US-based All-Power America. The first batch of electric motorcycles was shipped to All-Power America on June 6, 2010. This is the first entry into the US market for ABAT’s electric vehicles since the Company acquired ownership of Wuxi ZQ in May 2009.
Almaden Minerals Ltd. (NYSE Amex: AAU)
VANCOUVER, BRITISH COLUMBIA–(Marketwire - 06/08/10) - Almaden Minerals Ltd. (TSX:AMM)(AMEX:AAU) is pleased to announce that it has formed an option agreement on its wholly owned Merit Gold Prospect in the Spences Bridge Gold Belt, British Columbia with Sunburst Explorations Inc. (”Sunburst”), a private company, which can earn up to a 60% interest in the property by spending $C3MM on exploration, and issuing Almaden 700,000 shares of Sunburst shares within five years from the listing of the stock on the TSX Venture Exchange (TSX-V). Sunburst has until May 31, 2011 to be listed on the TSX-V. Sunburst has agreed to a firm commitment of $C100,000 in exploration expenditures which must be completed by December 31, 2010. Sunburst has started an exploration program consisting of IP geophysics to better define the currently known exploration targets for a future drill program.
About SmallCapVoice.com
SmallCapVoice.com is a recognized corporate investor relations firm, with clients nationwide. Known for its ability to help emerging growth companies build a following among retail and institutional investors, SmallCapVoice.com utilizes its stock newsletter to feature its daily stock picks, audio interviews, as well as its client’s financial news releases. SmallCapVoice.com also offers individual investors with all the tools they need to make informed decisions about the stocks they are interested in. Tools like our stock charts, stock alerts, and our investor fact sheets can assist with investing in stocks that are traded on the OTC BB and Pink Sheets.
Small Cap Voice SCV is an electronic publication, and is for informational purposes only. The stocks profiled by SCV are only company profiles and are not intended to be and should not be accepted by you as recommendations to buy or sell in these securities. These profiles are compiled from publicly available sources. Our sources include, but are not limited to, online research, company profiles, member suggestions, magazines, newspapers, analyst suggestions, broker recommendations, contact with the company, company rumors, press releases and other similar information sources. All profiles are based on information that is accessible by the public. Investing in stocks involves risk. SCV is not and does not hold itself out to be a registered broker or dealer or other licensed securities professional. You should consult a qualified, licensed financial advisor or stock broker before making any decisions to invest in the securities of any company that is described in these profiles. For compensation and complete disclaimer click here.
Contact:
Stuart T. Smith CEO
512-267-2430
Categories: OTC Stocks
Stocks Rise on Signs of Improvement in Domestic Economy and as Initial Jobless Claims Fall
Submitted by SmallCapVoice.com
Stocks are rising in early trading following fresh signs that the domestic economy is improving.
New data Thursday shows initial claims for jobless benefits dipped last week, while private employers added workers last month. A third report says productivity rose in the first quarter, though gains were revised lower from a previous estimate.
Retailers are reporting mixed sales for May, but a report on the service sector due out later in the day is expected to show a fifth straight monthly gain.
The Dow Jones industrial average is up 34.99, or 0.3 percent, at 10,283.85. The Standard & Poor’s 500 index is up 2.92, or 0.3 percent, at 1,101.30, while the Nasdaq composite index is up 6.49, or 0.3 percent, at 2,287.56.
Yesterday’s Top Performing Small Cap Stock:AGR Stone & Tools, Inc. (OTCBB: AGRT)
About AGR Tools, Inc. was a SmallCapVoice.com top performer yesterday closing up over 23% on trading volume of 14,900 shares.
AGR Stone & Tools USA, Inc., a wholly owned subsidiary of AGR Tools, Inc., is a major supplier of diamond tools and adhesives. It specializes in producing consumable tools for the natural stone, engineered stone, concrete and masonry industries, and its goal is to provide its clients with superior quality products, excellent customer service and the most competitive prices in the diamond tool industry. The company has completed extensive research and testing, and uses the latest technologies to assure it is at the forefront of the diamond tool industry. The company also employs some of the world’s top scientists, engineers and metallurgists to produce the highest quality diamond tools for the construction industry.
Today’s SmallCapVoice.com Hot Stock to Watch:Tootie Pie Company (OTCBB: TOOT)
Tootie Pie Launches Coffee & Tea LineJun. 3, 2010 (Business Wire) — Tootie Pie Company, Inc. (OTCBB:TOOT) announced that it is rolling out its new coffee and iced tea at its two Tootie Pie Gourmet Cafés.
Sillenger Exploration Corp. (OTCBB: SLGX) A New Audio Interview with John Gillespie, President and CEO of Sillenger Exploration is Now at SmallCapVoice.comJun. 3, 2010 (Business Wire) — SmallCapVoice.com, Inc. announced today that a new audio interview with Sillenger Exploration Corp. (“Sillenger”) (OTCQB:SLGX) (OTC.BB:SLGX) is now available. The interview can be heard at http://smallcapvoice.com/blog/6-2-10-audio-interview-with-sillenger-exploration-otcbb-slgx/.
SmallCapVoice Clients’ NewsAerius International Inc. (Pink Sheets: AERS)
SectorWatch.biz: Cutting Through the ConfusionWith no clear consensus, serious questions may still be raised regarding handset microwave radiation into human tissue, or Specific Absorption Rate (SAR). This spotlights the importance of cell phones Aerius International, Inc. (Pink Sheets:AERS) will be introducing worldwide that use its revolutionary antenna technology proven by the FCC to reduce SAR an average 99.4%. Additionally, Aerius equipped phones have been shown by carriers and in independent laboratories to increase battery life 66%, double handset coverage area, and reduce dropped calls over 60%.
Oromin Explorations Ltd. (OTCBB: OLEPF) Oromin Explorations Ltd.: Exploration Drilling Continues to Generate Excellent Results From Numerous Gold Deposits and TargetsExploration drilling undertaken since the completion of all requisite Feasibility Study geotechnical and hydrological drilling in early 2010 continues to generate excellent results at many of the OJVG deposits and targets. With the exception of some results from Kourouloulou, none of these favourable results are incorporated in the production schedule proposed in OJVG’s forthcoming Feasibility Study and as a result they will not be included in the Feasibility Study’s economic and cash flow analyses. Positive impacts from 2010 exploration drilling to date include expansions at Golouma style higher grade deposits and targets (Kourouloulou and Koulouqwinde), expansions at Masato style bulk-tonnage deposits (Maki Medina, Niakafiri Southeast and Masato) as well as new discoveries (Kobokoto South and Niakafiri Southwest).
Other Small Cap NewsAirTran Holdings, Inc. (NYSE: AAI)
AirTran Airways Reports May TrafficORLANDO, Fla., June 2 /PRNewswire-FirstCall/ — AirTran Airways, a subsidiary of AirTran Holdings, Inc. (NYSE:AAI), today reported traffic for the month of May. The airline’s load factor, 80.8 percent, represents a new all-time company record for the month of May.
Nanosphere, Inc. (Nasdaq: NSPH) Nanosphere Verisens(TM) Ultra-Sensitive PSA Assay Highlighted at American Urological Association Annual MeetingNORTHBROOK, Ill., June 2, 2010 (GLOBE NEWSWIRE) — At the annual meeting of the American Urological Association (AUA), data using the Nanosphere Verisens(TM) ultra-sensitive PSA assay (research use only) will be highlighted as one of less than 40 abstracts that were singled out by the Association for a special session for journalists.
Cypress Bioscience, Inc. (Nasdaq: CYPB) Medicare Administrator Issues Positive Coverage Determination for Cypress Bioscience’s Avise PG(SM) Testing ServiceSAN DIEGO, CA–(Marketwire - 06/02/10) - Cypress Bioscience, Inc. (NASDAQ:CYPB) announced today that Palmetto GBA, administrator for Medicare Part B in California, has issued a positive coverage determination for the company’s Avise PG testing service. Avise PG is a test which aids doctors in therapy decisions regarding methotrexate, one of the most widely prescribed drugs for rheumatoid arthritis.
Converted Organics Inc. (Nasdaq: COIN) Converted Organics 8-1-4(TM) and Converted Organics 4-1-8(TM) Granular Organic Fertilizers Receive OMRI Certification and ListingProducts Allowed for OMRI Product Listing, Shows Compliance With USDA National Organic Program Rule
BOSTON, June 2, 2010 (GLOBE NEWSWIRE) — Converted Organics Inc. (Nasdaq:COIN) announced today that its Converted Organics 8-1-4(TM) and Converted Organics 4-1-8(TM) all-natural, granular organic fertilizers have received OMRI Certification and are now Allowed for use in the Generic Material Listing: Fertilizers, Blended, Class: Crop Fertilizers and Soil Amendments, and qualifies both products for placement in the OMRI Products List.
Thomas Properties Group, Inc. (Nasdaq: TPGI) Thomas Properties Group, Inc. Announces Executive Management ChangesPaul S. Rutter and John R. Sischo, both formerly Executive Vice Presidents, have been named to newly-created positions as Co-Chief Operating Officers of the Company. The role of Todd Merkle, Senior Vice President, has been expanded to include the duties of Chief Investment Officer. James A. Thomas will continue to serve as Chairman and Chief Executive Officer.
Great Basin Gold Ltd. (NYSE Amex: GBG) Great Basin Provides Update on Burnstone Mine ProjectVANCOUVER, June 2 /PRNewswire-FirstCall/ - Great Basin Gold Ltd. (”Great Basin” or the “Company”) (TSX: GBG; NYSE Amex: GBG; JSE: GBG) announces that it is making good progress in the delivery of its capital projects at its Burnstone Project in South Africa.
China Security & Surveillance Technology, Inc. (NYSE: CSR) China Security & Surveillance Technology, Inc. Updates Full Year 2010 GuidanceThe Company expects to report full-year revenue in the range of $830 million to $850 million. Earning per share is expected to be in the range of $1.12 to $1.16. The average outstanding shares on a fully diluted basis for 2010 will be approximately 90 million.
About SmallCapVoice.com
SmallCapVoice.com is a recognized corporate investor relations firm, with clients nationwide. Known for its ability to help emerging growth companies build a following among retail and institutional investors, SmallCapVoice.com utilizes its stock newsletter to feature its daily stock picks, audio interviews, as well as its client’s financial news releases. SmallCapVoice.com also offers individual investors with all the tools they need to make informed decisions about the stocks they are interested in. Tools like our stock charts, stock alerts, and our investor fact sheets can assist with investing in stocks that are traded on the OTC BB and Pink Sheets.
Small Cap Voice SCV is an electronic publication, and is for informational purposes only. The stocks profiled by SCV are only company profiles and are not intended to be and should not be accepted by you as recommendations to buy or sell in these securities. These profiles are compiled from publicly available sources. Our sources include, but are not limited to, online research, company profiles, member suggestions, magazines, newspapers, analyst suggestions, broker recommendations, contact with the company, company rumors, press releases and other similar information sources. All profiles are based on information that is accessible by the public. Investing in stocks involves risk. SCV is not and does not hold itself out to be a registered broker or dealer or other licensed securities professional. You should consult a qualified, licensed financial advisor or stock broker before making any decisions to invest in the securities of any company that is described in these profiles. For compensation and complete disclaimer click here.
Contact:
Stuart T. Smith CEO
512-267-2430
Categories: OTC Stocks
Stocks Rise After Pending Home Sales Top Forecasts
Stocks extend climb after April homes sales increase 6 percent on race to meet tax credit
Stocks rebounded Wednesday after a stronger-than-expected increase in pending home sales restored investors’ optimism about the economy.
The Dow Jones industrial average rose about 80 points in late morning trading. The major indexes made back some of the big losses they suffered Tuesday shortly when the government announced criminal and civil investigations into the Gulf oil spill.
The upbeat report on home sales provided some hope on the nation’s housing market. An increase in signed contracts for homes was due partly to a rush to meet a tax credit that expired in April. The National Association of Realtors said its index of contracts on existing homes rose 6 percent in April, and ahead of the estimates of economists polled by Thomson Reuters.
“Anything that indicates more of a stabilization — and not rapid declines — in housing is probably a good thing,” said Jason D. Pride, director of investment strategy at Glenmede in Philadelphia.
Yesterday’s Top Performing Small Cap Stock:Sillenger Exploration Corp. (OTCBB: SLGX)
Sillenger Exploration Corp. was a SmallCapVoice.com top performer yesterday closing up over 6% on trading volume of 21,000 shares.
Sillenger Signs Mineral and Hydrocarbon Exploration Contract With Government of Equatorial Guinea to Develop Country’s Natural ResourcesVANCOUVER, BRITISH COLUMBIA — (Marketwire) — 06/02/10 — Sillenger Exploration Corp. (“Sillenger”) (OTCQB: SLGX)(OTCBB: SLGX), an innovative and progressive mineral exploration and claims management company, with experience in mining and business process management in Africa and other regions of the world, is pleased to announce that, through its relationship with FCMI Global Inc. and its African affiliates, Sillenger has entered into a contract with the Government of the Republic of Equatorial Guinea to conduct an airborne geophysical survey of the continental region (27,000 sq. km) of Equatorial Guinea, known as Rio Muni, as well as 30 km of Continental Platform (4,500 sq. km) off the Atlantic coastline.
Today’s SmallCapVoice.com Hot Stock to Watch:Oromin Explorations Ltd. (OTCBB: OLEPF)
Oromin Explorations Ltd.: Drilling Extends Kourouloulou Gold Deposit to 300 Metre Depth and Expands Maki Medina DepositVANCOUVER, BRITISH COLUMBIA–(Marketwire - 06/02/10) - Oromin Explorations Ltd. (TSX:OLE - News)(OTC.BB:OLEPF) -
HIGHLIGHTS
GOLOUMA STYLE HIGHER GRADE DEPOSITS AND TARGETS
– Kourouloulou Deposit returns 58.79 g/t gold over 4 metres in DH-673 and
73.89 g/t gold over 3 metres in DH-653
– Koulouqwinde Target returns 7.26 g/t gold over 3 metres in RC-707 and
260.0 g/t gold over 1 metre in DH-633
SmallCapVoice Clients’ NewsTie Technologies, Inc. (Pink Sheets: TTCS)
TIE Technologies Announces ACUMEN(TM) Airport Product Suite ReleaseNEW YORK, June 1, 2010 (GLOBE NEWSWIRE) - TIE Technologies, Inc. (Pink Sheets: TTCS), an information technology, security and telecommunications company, today announces the release of Airport ACUMEN(TM) solution for general aviation air field facilities.
TIE’s ACUMEN(TM) Airport product is aimed at solving the general aviation airport’s need for the ability to manage disparate pieces of data, be it runway debris (FOD), air flight path obstacles, asset movement or the identity of aircraft or improved individual security. Post 9-11 security measures of this type are all commonplace at major USA airports, however, many regional and general aviation airports are still evolving the integration of these technologies.
Lions Gate Entertainment Corp. (NYSE: LGF)
Icahn Extends Tender Offer for Lions Gate Common Shares and Waives Minimum Tender ConditionNEW YORK, June 1 /PRNewswire/ — Carl C. Icahn announced today that the offer by his affiliated entities to purchase up to all of the outstanding common shares of Lions Gate Entertainment Corp. for $7.00 per share in cash has been extended and will now expire at 8:00 p.m., New York City time, on June 16, 2010, unless extended or withdrawn. Mr. Icahn also announced that the offer has been amended to remove the condition that at least 36,985,976 Lions Gate common shares shall have been tendered under the offer. The offer is now for ANY AND ALL of Lions Gate’s outstanding common shares. All other terms and conditions of the tender offer remain unchanged.
Targeted Genetics Corporation (Pink Sheets: TGEN)
Plus Update on Celladon Heart Failure Clinical Data and Business Strategy
For the fourth quarter of 2009, the Company reported net income of $1.8 million, or $0.08 per common share, compared to a net loss of $10.8 million, or $0.54 per common share, for the fourth quarter of 2008. For the year ended December 31, 2009, the Company reported net income of $7.9 million, or $0.39 per common share, compared to a net loss of $20.7 million, or $1.04 per common share, for the year ended December 31, 2008. Per share results for 2008 include a non-cash goodwill impairment charge of $7.9 million recognized in the fourth quarter of 2008.
Generex Biotechnology Corporation (Nasdaq: GNBT)
New Patents Also Cover Method of Preparation as Well as Method of Administration
WORCESTER, Mass., June 1, 2010 (GLOBE NEWSWIRE) — Generex Biotechnology Corporation (Nasdaq:GNBT) (www.generex.com), the leader in drug delivery for metabolic diseases through the inner lining of the mouth, today announced that it has been awarded two new patents in Japan and Ukraine.
Ener1, Inc. (Nasdaq: HEV)
Proceeds will Fund Investment Program for 2010
NEW YORK, June 1 /PRNewswire-FirstCall/ — Ener1, Inc. (Nasdaq:HEV), a global manufacturer of large-format lithium-ion battery systems for automotive and utility grid applications, today announced that it has executed an agreement with its principal shareholder, Ener1 Group, for the purchase of common stock and warrants for $65 million. The investment, which is expected to close later this week, is subject to customary closing conditions.
RealNetworks Inc. (Nasdaq: RNWK)
TAIPEI, Taiwan, June 1 /PRNewswire-FirstCall/ — COMPUTEX — RealNetworks(R), Inc. (Nasdaq:RNWK), the digital entertainment services company, today announced that RealVideo has been shipped on more than 600 million mobile and consumer electronic devices worldwide. RealVideo (RMVB) delivers higher quality videos to consumer devices by compressing the file size, which is essential for connected devices. Strong consumer demand makes RealVideo a requirement for consumer electronic products such as mobile phones, televisions, personal media players, mediaboxes, set-top boxes, DVD/HD players, smartbooks, netbooks, and tablets.
Level 3 Communications, Inc. (Nasdaq: LVLT)
Level 3 and Solid State Networks’ Combined Solution Provides Advanced Reporting and Analytics for Pure-Play Online Games Company
BROOMFIELD, Colo.–(BUSINESS WIRE)–Level 3 Communications, Inc. (NASDAQ: LVLT) today announced its work with Austin, Tx.-based UTV True Games (www.truegames.com), an international pure-play online game publisher for massive multi-player online games (MMOGs), to provide content delivery network (CDN) services and advanced reporting analytics to support UTV True Games’ MMOG game titles.
Competitive Technologies, Inc. (NYSE Amex: CTT)
FAIRFIELD, Conn., June 2, 2010 (GLOBE NEWSWIRE) — Competitive Technologies, Inc. (NYSE Amex:CTT) today announced that it has signed an agreement to raise over $5 million by selling 2 million shares of equity to Crisnic Fund, S.A. based on a 15% discount from the volume weighted average price on the date the SEC declares the registration effective, as detailed in the 8-K being filed today. The funds raised will provide financing for CTT to more aggressively sell its innovative Calmare(R) Pain Therapy Treatment, which treats chronic neuropathic and oncologic pain, both in the U.S. and internationally.
SandRidge Energy, Inc. (NYSE: SD)
OKLAHOMA CITY and TULSA, Okla., June 2 /PRNewswire-FirstCall/ — SandRidge Energy, Inc. (NYSE:SD) and Arena Resources, Inc. (NYSE:ARD - News) today jointly announced that they have agreed to amend the merger agreement under which SandRidge will acquire Arena. Pursuant to the revised terms, each outstanding share of Arena will be converted in the merger into the right to receive 4.7771 shares of SandRidge common stock plus $4.50 per share in cash.
China Advanced Construction Materials Group, Inc. (Nasdaq: CADC)
BEIJING–(Marketwire - 06/02/10) - China Advanced Construction Materials Group, Inc. (NASDAQ:CADC) (”China ACM” or the “Company”), a leading provider of ready-mix concrete and related technical services in China, today announced that China Rail has awarded the Company a new contract valued at $1.3 million to provide its premium ready-mix concrete (RMC) manufacturing services for a section of the Tianjin to Qinhuangdao high-speed railway in Hebei Province.
Seanergy Maritime Holdings Corp. (Nasdaq: SHIP)
ATHENS, GREECE–(Marketwire - 06/02/10) - Seanergy Maritime Holdings Corp. (the “Company”) (NASDAQ:SHIP) announced today that the Company has completed the final documentation, after entering into a Share and Purchase Agreement with Maritime Capital Shipping (Holdings) Limited, a company incorporated in the British Virgin Islands (the “Seller”), for the acquisition of a 51% ownership interest in Maritime Capital Shipping Limited, a company incorporated in Bermuda (”MCS”), for a purchase price of $33.0 million.
About SmallCapVoice.com
SmallCapVoice.com is a recognized corporate investor relations firm, with clients nationwide. Known for its ability to help emerging growth companies build a following among retail and institutional investors, SmallCapVoice.com utilizes its stock newsletter to feature its daily stock picks, audio interviews, as well as its client’s financial news releases. SmallCapVoice.com also offers individual investors with all the tools they need to make informed decisions about the stocks they are interested in. Tools like our stock charts, stock alerts, and our investor fact sheets can assist with investing in stocks that are traded on the OTC BB and Pink Sheets.
Small Cap Voice SCV is an electronic publication, and is for informational purposes only. The stocks profiled by SCV are only company profiles and are not intended to be and should not be accepted by you as recommendations to buy or sell in these securities. These profiles are compiled from publicly available sources. Our sources include, but are not limited to, online research, company profiles, member suggestions, magazines, newspapers, analyst suggestions, broker recommendations, contact with the company, company rumors, press releases and other similar information sources. All profiles are based on information that is accessible by the public. Investing in stocks involves risk. SCV is not and does not hold itself out to be a registered broker or dealer or other licensed securities professional. You should consult a qualified, licensed financial advisor or stock broker before making any decisions to invest in the securities of any company that is described in these profiles. For compensation and complete disclaimer click here.
Contact:
Stuart T. Smith CEO
512-267-2430
Categories: OTC Stocks
Stocks Surged in Early Trading Thursday after China Reassured Investors it Doesn’t Plan to Sell any of the European Debt it Holds
Submitted by SmallCapVoice.com
The Dow Jones industrial average rose about 150 points in morning trading, while Treasury prices tumbled as traders pumped money into stocks.
China’s confidence in Europe overshadowed disappointing reports about the U.S. economy. The Labor Department said initial claims for unemployment benefits fell last week, but not by as much as economists had forecast. A report on gross domestic product indicated that the U.S. economy did not grow as fast in the first quarter as previously thought.
Thursday’s gains came after the agency that manages China’s $2.5 trillion in foreign reserves denied a Financial Times report that China was considering cutting its exposure to European debt. Major indexes around the world also rose.
Yesterday’s Top Performing Small Cap Stock:Tie Technologies, Inc. (Pink Sheets: TTCS)
TIE Technologies, Inc. was a SmallCapVoice.com top performer yesterday closing up over 63% on trading volume of 31,910 shares.
TIE Technologies and Geocomp Release OilDam(R) Product SpecificationsSolution Aimed at Containment and Shore Protection; Ready for Immediate Deployment
NEW YORK, May 26, 2010 (GLOBE NEWSWIRE) — TIE Technologies, Inc. (Pink Sheets:TTCS), an information technology, security and telecommunications company, and Geocomp Corp., a global leader in geo-engineering, today jointly released the details of the OilDam(R) product designed to mitigate damage from the Gulf oil spill. OilDam(R) is a comprehensive solution which can be immediately deployed to provide a reliable means to keep the oil from reaching the shore, contain it and enable its removal.
Today’s SmallCapVoice.com Hot Stock to Watch:Tootie Pie Company (OTCBB: TOOT)
Tootie Pie Goes to the Plate with Mickey MantleMay 27, 2010 (Business Wire) — Tootie Pie Company, Inc. (OTCBB:TOOT) announced that Mickey Mantle’s Steakhouse in Oklahoma City, Oklahoma will begin serving Tootie Pies.
“There are few things more American than baseball and apple pie and so we are delighted to have our Tootie Apple Pie, the best pie anywhere, served in the legendary Mickey Mantle Steakhouse; the namesake of one of baseball’s most historic figures,” said Don Merrill, President & CEO.
SmallCapVoice Clients’ NewsBRAVADA International Ltd (Pink Sheets: MFLI)
Audrina Patridge and T Lopez to Attend the Exclusive Red Carpet BRAVADA Women’s Athletica Grand Opening Party on June 10 on Robertson Blvd, Los Angeles - Additional Celebrity Guests to be Announced Next WeekMay 27, 2010 (Business Wire) — BRAVADA Muscle Flex Inc. (www.BravadaLtd.com) (Pink Sheets:MFLI) revealed today some of the high caliber celebrity guests that will be attending the Red Carpet Grand Opening Party of the BRAVADA Women’s Athletica Los Angeles Robertson Blvd Retail location. The star of MTV’s, The Hills, Audrina Patridge (www.AudrinaPatridge.com) will be attending as one of BRAVADA’s featured and special guests. In addition, actress and Cash Money recording artist T Lopez (www.TlopezMusic.com) will also be attending, walking the red carpet and joining in the celebration for the BRAVADA Women’s Athletica Store Grand Opening extravaganza being held on June 10 at 322 Robertson Blvd in Los Angeles California. Next week, BRAVADA will provide additional celebrity guests on its exclusive invitation list.
Level 3 Communications, Inc. (Nasdaq: LVLT)
Level 3 and GlobeNet to Provide High-Speed IP Services Bundled with Sub-sea CapacityNew Multi-Service Relationship Enables Level 3 and GlobeNet to Meet Rising Bandwidth Demands in South America
BROOMFIELD, Colo.–(BUSINESS WIRE)–Level 3 Communications, Inc. (NASDAQ: LVLT) today announced that the company has established a multi-service relationship with GlobeNet, an international provider of submarine cable transmission capacity, to enable Level 3 and GlobeNet to offer transport and high-speed Internet services to satisfy the growth in communications demand in South America.
Chemtura Corporation (Pink Sheets: CEMJQ)
PHILADELPHIA–(BUSINESS WIRE)–Chemtura Corporation, debtor-in-possession (Pink Sheets: CEMJQ) (“Chemtura”), today announced that it will place Tetrabromobisphenol A (BA-59PR), Decabromodiphenyloxide (DE-83RR) and Decabromodiphenylethane (FiremasterR 2100R) on sales control while implementing 30-day maximum price validity on these product lines.
Quantum (Nasdaq: QTWW)
IRVINE, Calif., May 26 /PRNewswire-FirstCall/ — Quantum Fuel Systems Technologies Worldwide, Inc. (Nasdaq:QTWW), today announced that it has been awarded a contract for expanded support of Lockheed Martin’s Space Systems’ development of ISIS (Integrated Sensor is the Structure) airship powered by a Regenerative Fuel Cell (RFC). Quantum will supply critical hydrogen metering systems in conjunction with the hydrogen and oxygen storage systems that it is currently supplying to Lockheed Martin.
Federal Signal Corp. (NYSE: FSS)
RFID labels and ribbons to be supplied for supply chain applications
IRVINE, Calif., May 26 /PRNewswire-FirstCall/ — Federal Signal Technologies company Sirit Corp. (”Sirit”), a global provider of radio frequency identification (”RFID”) technology, announced today that it has been awarded a contract with the Defense Logistics Agency (”DLA”) utilizing passive Class 1, Generation 2 RFID labels. The DLA is the U.S. Department of Defense’s combat logistics support agency. The maximum value of the contract is estimated at US$2.7 million covering one year with two additional one year options. Sirit has passed stringent testing requirements conducted by the DLA and has begun fulfilling orders under this contract.
Solarfun Power Holdings Co., Ltd. (Nasdaq: SOLF)
Peter Xie, President of Solarfun, commented, “We are very pleased with our strong performance in the first quarter of 2010. Quarterly revenues for the first time in the Company’s history exceeded $200 million, and net income per diluted ADS on a non-GAAP basis reached US$0.40, a substantial increase of over 63.9% compared to the fourth quarter of 2009. The strong performance was attributable to our ability to take advantage of favorable industry demand while keeping a keen focus on cost control and risk management.
Force Protection, Inc. (Nasdaq: FRPT)
LADSON, S.C.–(BUSINESS WIRE)–Force Protection, Inc. (NASDAQ: FRPT), a leading designer, developer and manufacturer of survivability solutions and provider of total life cycle support for those products, today announced that its Ocelot light protected patrol vehicle has been down-selected by the Australian Government to compete in the Land 121 Phase 4 Project for the Protected Mobility Vehicle – Light (PMV-L) prototype. Ocelot was offered for the Land 121 competition through Force Protection’s subsidiary, Force Protection Europe, LTD.
Servidyne, Inc. (Nasdaq: SERV)
Demand Response is an integral part of CPS Energy’s plan to save 771 megawatts by the year 2020.
Servidyne, Inc. (Nasdaq: SERV), an energy efficiency and demand response company, today announced that it has secured an exclusive two-year demand response services contract with San Antonio, Texas-based CPS Energy, the largest municipally-owned electric utility in the United States.
CVD Equipment Corporation (Nasdaq: CVV)
RONKONKOMA, N.Y.–(BUSINESS WIRE)–CVD Equipment Corporation (NASDAQ: CVV), announced today the signing of an exclusive Distribution Agreement with Graphene Laboratories, Inc. for Chemical Vapor Deposited (CVD) Graphene products. Under this Agreement CVD Equipment Corporation will manufacture CVD grown Graphene based materials and products and Graphene Laboratories, Inc. will market and sell them on a worldwide basis.
Capstone Turbine Corporation (Nasdaq: CPST)
CHATSWORTH, Calif., May 26, 2010 (GLOBE NEWSWIRE) — Capstone Turbine Corporation (www.capstoneturbine.com) (Nasdaq:CPST), the world’s leading clean technology manufacturer of microturbine energy systems, has named Makon Power Systems as its distributor in Nigeria.
BPZ Resources, Inc. (NYSE: BPZ)
HOUSTON, May 26, 2010 (GLOBE NEWSWIRE) — BPZ Resources, Inc. (NYSE:BPZ) announced today that Perupetro has agreed with the Company to accept November 30, 2010 as the new First Date of Commercial Production (FDCP) for Block Z-1 and its Corvina field in northwest Peru. Consequently, the Company will apply to the agency responsible for issuing gas flaring permits (DGH) for the required flaring permits on a well by well basis, as needed, for gas flaring associated with the continued testing of the Corvina and Albacora fields.
About SmallCapVoice.com
SmallCapVoice.com is a recognized corporate investor relations firm, with clients nationwide. Known for its ability to help emerging growth companies build a following among retail and institutional investors, SmallCapVoice.com utilizes its stock newsletter to feature its daily stock picks, audio interviews, as well as its client’s financial news releases. SmallCapVoice.com also offers individual investors with all the tools they need to make informed decisions about the stocks they are interested in. Tools like our stock charts, stock alerts, and our investor fact sheets can assist with investing in stocks that are traded on the OTC BB and Pink Sheets.
Small Cap Voice SCV is an electronic publication, and is for informational purposes only. The stocks profiled by SCV are only company profiles and are not intended to be and should not be accepted by you as recommendations to buy or sell in these securities. These profiles are compiled from publicly available sources. Our sources include, but are not limited to, online research, company profiles, member suggestions, magazines, newspapers, analyst suggestions, broker recommendations, contact with the company, company rumors, press releases and other similar information sources. All profiles are based on information that is accessible by the public. Investing in stocks involves risk. SCV is not and does not hold itself out to be a registered broker or dealer or other licensed securities professional. You should consult a qualified, licensed financial advisor or stock broker before making any decisions to invest in the securities of any company that is described in these profiles. For compensation and complete disclaimer click here.
Contact:
Stuart T. Smith CEO
512-267-2430
Categories: OTC Stocks
Investing Ideas in Gold as a Safe Haven
Submitted by SmallCapVoice.com
Gold prices were rising Wednesday as jittery investors continued to buy gold as a safe haven asset to battle global economic uncertainty.
Gold delivery for June was rising $12.50 to $1,210.50 an ounce at the Comex division of the New York Mercantile Exchange.
Although markets seem calm, analysts expect investors to continue to hedge their riskier investments with the safety of gold over the long term.
Aram Shishmanian, CEO of the World Gold Council says, “with the global economic recovery still burdened by high and rising debt levels in Western economies, as well as the renewed threat of recession driving down the US dollar and equities, the outlook for gold as a liquid, reliable asset class and as a store of wealth remains highly favorable.”
Gold mining stocks, a more risky but more profitable way to invest in gold provide more money-making opportunities than owning physical gold.
The typical belief is that gold mining stocks can rise as much as 20% to 30% more than gold prices making them an attractive investment for those who want exposure to gold without the hassle.
The juniors offer phenomenal upside potential. The challenge is to find the companies that have good and honest management and the ability to take an idea and a concept to a real business. You have to really do your homework and dig deep, but there is a phenomenal upside potential for that.
Sillenger Exploration Corp (OTC BB: SLGX) offers such an opportunity.
Sillenger Exploration Corp is a natural resource development company focused in mineral exploration opportunities in Canada and Africa. Parts of Africa have been noted for a rich history in gold, diamond, and other precious mineral mining. The continent hosts a number of major base metals mines extracting copper, zinc, bauxite, iron ore, etc. Recent exploration activity has led to the discovery of rare element strategic minerals such as uranium, tantalum, gallium and lithium.
Sillenger Exploration Corp owns a 100% interest in the three mineral claims, the Bulkley Mineral Claims, located in the Atlin Mining Division, British Columbia, Canada.
The Atlin mining area gained prominence in 1898 when placer gold was discovered. A gold mining “rush” ensued and was most active in the period between 1898 and 1910. Exploration for gold in the Atlin area has been continuous through to the present.
Sillenger Exploration Corp is focused on opportunities that lend themselves to the income statement and can build lasting value for Sillenger’s shareholders.
About SmallCapVoice.com
SmallCapVoice.com is a recognized corporate investor relations firm, with clients nationwide. Known for its ability to help emerging growth companies build a following among retail and institutional investors, SmallCapVoice.com utilizes its stock newsletter to feature its daily stock picks, audio interviews, as well as its client’s financial news releases. SmallCapVoice.com also offers individual investors with all the tools they need to make informed decisions about the stocks they are interested in. Tools like our stock charts, stock alerts, and our investor fact sheets can assist with investing in stocks that are traded on the OTC BB and Pink Sheets.
Small Cap Voice SCV is an electronic publication, and is for informational purposes only. The stocks profiled by SCV are only company profiles and are not intended to be and should not be accepted by you as recommendations to buy or sell in these securities. These profiles are compiled from publicly available sources. Our sources include, but are not limited to, online research, company profiles, member suggestions, magazines, newspapers, analyst suggestions, broker recommendations, contact with the company, company rumors, press releases and other similar information sources. All profiles are based on information that is accessible by the public. Investing in stocks involves risk. SCV is not and does not hold itself out to be a registered broker or dealer or other licensed securities professional. You should consult a qualified, licensed financial advisor or stock broker before making any decisions to invest in the securities of any company that is described in these profiles. For compensation and complete disclaimer click here.
Contact:
Stuart T. Smith CEO
512-267-2430
Categories: OTC Stocks
Stocks are Lower amid Continued European Economic Worries
Submitted by SmallCapVoice.com
Stocks are moderately lower as markets worldwide again tracked the movement of the euro Wednesday.
U.S. stock index futures erased some of their deep, early morning losses as the euro bounced off a four-year low of $1.2146 and moved back up to $1.2246.
European stocks fell sharply at first, rattled by Germany’s move to ban a form of short selling. Germany enacted the ban in an effort to try to prevent its markets from falling sharply in response to concerns about Europe’s debt problems. But major European indexes also regained some ground as the euro moved higher.
Markets have taken their cues from the euro because it is seen as a proxy for confidence in Europe’s economy. Investors are concerned that severe budget cuts in countries like Greece, Portugal and Spain will significantly slow any recovery in Europe. That slowdown could then spread globally, halting a worldwide rebound.
European leaders agreed last week to a nearly $1 trillion bailout program to help countries that are facing mounting debt problems. The deal was initially embraced by investors. But traders quickly worried that the austerity measures tied to the rescue package would upend a rebound.
The Dow Jones industrial average fell 36, or 0.3 percent, to 10,454. Standard & Poor’s 500 index fell 4.70, or 0.4 percent, to 1,114.00, while Nasdaq 100 index fell 5.00, or 0.3 percent, to 1,883.00.
Yesterday’s Top Performing Small Cap Stock:Vidaroo Corporation (OTCBB: VIDA)
Vidaroo Corporation was a SmallCapVoice.com top performer yesterday closing up over 20% on trading volume of 171,300 shares.
Vidaroo Corporation Files Quarterly Report for the Fiscal Period Ended March 31, 2010; Results Include 577% Increase in Revenue and 792% Increase in Operating MarginVidaroo Corporation, an innovative video technology company offering an Online Video Platform, video production and online video advertising, filed its quarterly report for the fiscal period ended March 31, 2010; results include a 577% increase in revenue and a 792% increase in operating margin.
Mark Argenti, CEO, Vidaroo Corporation states, “This is an unprecedented time for the Company, as we experienced growth in each of our three business units during the past quarter. The combination of a growing revenue base combined with the launch of our new brand and marketing interface at www.Vidaroo.com has created a very exciting environment from which to drive future growth.”
Tom Moreland, CFO, Vidaroo Corporation, notes, “We are pleased to see strong growth in Revenue combined with ongoing strength at the Operating Margin line. Building business with strong margins is a top priority for our management team.”
Today’s SmallCapVoice.com Hot Stock to Watch:BRAVADA International Ltd (Pink Sheets: MFLI)
BRAVADA Muscle Flex Files Trademarks with the USPTO for BRAVADA(TM) for Retail Store Services and On-line Retail Store ServicesMay 18, 2010 (Business Wire) — BRAVADA Muscle Flex Inc. (www.BravadaLtd.com) (Pink Sheets:MFLI) announced today that it has filed trademark applications with the United States Patent and Trademark Office (USPTO) for BRAVADA for the following wares and services:
1. On-line Retail Store Services featuring: Clothing, sportswear, swimwear, yoga wear, fitness and exercise equipment
2. Retail Store Services featuring: Clothing, sportswear, swimwear, yoga wear, fitness and exercise equipment
3. The BRAVADA Logo
BRAVADA Muscle Flex Announces its Celebrity Red Carpet Grand Opening for its BRAVADA Women’s Athletica Retail Store in Los Angeles June 10 at 322 Robertson BlvdMay 19, 2010 (Business Wire) — BRAVADA Muscle Flex Inc. (www.BravadaLtd.com) (Pink Sheets:MFLI) announced today its Celebrity Red Carpet Grand Opening Party for its BRAVADA Women’s Athletica Retail Outlet in Los Angeles Thursday June 10 at its flagship BRAVADA(TM) Retail location at 322 Robertson Blvd slated to open June 1st. The star-studded celebrity line-up will be released to the public next week. The BRAVADA Red Carpet Grand Opening celebration of its Los Angeles store will feature a high profile Hollywood celebrity line up with a cavalcade of national media and press.
SmallCapVoice Clients’ NewsTie Technologies, Inc. (OTCPK: TTCS)
TIE Technologies Submits Proposed Team Response to U.S. Ecological Disaster in GulfNEW YORK, May 19, 2010 (GLOBE NEWSWIRE) — TIE Technologies, Inc. (Pink Sheets:TTCS), an information technology, security and telecommunications company, today announced the submission of its OilDam(R) Emergency Containment Proposal to the EPA’s Homeland Security Research Center and the U.S. Coast Guard for immediate consideration. A technical team, led by TIE Technologies, was formed to provide a reliable means to keep oil from the BP gulf oil spill away from the shore, contain it and enable its removal.
Other Small Cap NewsNymox Pharmaceutical Corporation (Nasdaq: NYMX)
Nymox Nears Completion of New Three Year U.S. Long-Term Follow-Up Study of BPH DrugHASBROUCK HEIGHTS, N.J., May 18, 2010 (GLOBE NEWSWIRE) — Nymox Pharmaceutical Corporation (Nasdaq:NYMX) announced today that the Company is nearing completion of a new multi-center U.S. long-term follow-up study of NX-1207, its investigational drug for the treatment of benign prostatic hyperplasia (BPH). The Company anticipates the reporting of final results and statistical analysis for the study within the next 2 weeks. The new study concerns assessment of the 30-36 month efficacy and benefits of a single treatment of NX-1207. Patients in the new study were followed and have remained blinded subsequent to their participation in Nymox’s U.S. Study NX02-0016. The initial study was undertaken in 2007 at 32 U.S. sites and enrolled 85 subjects. The new study includes results from all currently available patients.
Claude Resources Inc. (NYSE Amex: CGR) Claude Resources Announces Agreement To Sell Certain Oil and Natural Gas AssetsSASKATOON, May 18 /PRNewswire-FirstCall/ - Claude Resources Inc. (”Claude” or the “Company”) today announced that it has entered into a Purchase and Sale Agreement with a private Canadian corporation (the “Purchaser”), pursuant to which the Purchaser has agreed to purchase a majority of the oil and natural gas assets owned by Claude. Gross proceeds from the transaction are expected to be $6.2 million.
Generex Biotechnology Corporation (Nasdaq: GNBT) Generex Biotechnology Announces Publication of Novel Immunotherapeutic Cancer Vaccine Results in Patients With Prostate CancerWORCESTER, Mass., May 18, 2010 (GLOBE NEWSWIRE) — Generex Biotechnology Corporation (Nasdaq:GNBT) announced today publication of results from the first Phase I study of its lead immunotherapeutic agent AE37 in patients with prostate cancer. At the end of 2009, the Company announced positive interim results from a Phase II trial being conducted with AE37 in patients with breast cancer. The compound is being developed by its wholly-owned subsidiary, Antigen Express, Inc.
VAALCO Energy, Inc. (NYSE: EGY) VAALCO Energy Provides Drilling UpdateHOUSTON, May 18 /PRNewswire-FirstCall/ — VAALCO Energy, Inc. (NYSE:EGY) reported today that the contracted rig, the Sapphire Driller, has successfully completed operations on the Ebouri 3H workover and has moved onto location to drill the SE Etame exploration well. The spud date is forecast for Wednesday, May 19, 2010.
Oncolytics Biotech Inc. (Nasdaq: ONCY) Oncolytics Biotech(R) Inc. Announces Publication of Phase I Clinical Trial Results in Clinical Cancer ResearchCALGARY, AB, May 18 /PRNewswire-FirstCall/ - Oncolytics Biotech Inc. (”Oncolytics”) (TSX:ONC, NASDAQ:ONCY) announced today that a paper entitled “Two-Stage Phase I Dose-Escalation Study of Intratumoural Reovirus Type 3 Dearing and Palliative Radiotherapy in Patients with Advanced Cancers,” has been published in the online version of the journal Clinical Cancer Research.
Research Frontiers Inc. (Nasdaq: REFR) SmartGlass International, Schott and Research Frontiers Announce SPD-Smart License Expansion From the Hamburg Air ShowHAMBURG, Germany, May 18, 2010 (GLOBE NEWSWIRE) — From the booth of its partner the SCHOTT Group at the 2010 Aircraft Interiors Expo in Hamburg, Germany, SmartGlass International Ltd., a licensee of Research Frontiers Inc. (Nasdaq:REFR), announced an agreement with Research Frontiers to expand the scope of SmartGlass International’s license to include SPD-Smart aircraft and marine products, and a further expansion of the geographic territory where it can offer these and its SPD-Smart(TM) architectural products.
Versar, Inc. (NYSE Amex: VSR) Versar, Inc. Providing Rapid Response Support to Gulf Oil SpillSPRINGFIELD, Va.–(BUSINESS WIRE)–Versar, Inc. (NYSE Amex:VSR) has deployed a team of scientists to the Gulf coast region to provide technical support in response to the oil spill in the Gulf of Mexico. Versar was selected due to its rapid response capabilities and over 35 years of ecological monitoring and surveying experience. On-scene Versar scientists will be supported remotely by other Versar divisions with modeling, meteorology, fisheries ecology, sensitive habitat and other technical experts. Versar has expertise in both oil spill response and Natural Resource Damage Assessment (NRDA) and is able to quickly respond to incidents of this magnitude.
Brightpoint, Inc. (Nasdaq: CELL) Brightpoint Announces Signing of Lease for the New Distribution Center in NordicsINDIANAPOLIS, May 18, 2010 (GLOBE NEWSWIRE) — Brightpoint, Inc. (Nasdaq:CELL) announced today that its subsidiary, Brightpoint Sweden AB (”Brightpoint”), has entered into a lease agreement with Brinova Log. Sweden for a new Distribution Center in Boras, Sweden. Jones Lang LaSalle represented Brightpoint in the lease negotiations. This center is expected to become operational in Q4 2010 and will serve Brightpoint’s customers across the Nordic region with state-of-the-art supply-chain solutions through industry-leading processes and systems. The existing distribution centers in Norway, Denmark, and Finland will remain intact for the near future and will continue to serve our suppliers and customers.
Graphic Packaging International, Inc. (NYSE: GPK) Graphic Packaging Increases Prices on SUS(R) Paperboard in EuropeMARIETTA, Ga., May 18 /PRNewswire-FirstCall/ — Graphic Packaging International, Inc. (GPI), a subsidiary of Graphic Packaging Holding Company (NYSE:GPK), recently announced a European price increase on all grades of its solid unbleached sulphate (SUS(R)) paperboard, effective with shipments on or after May 31, 2010. The price of all GPI SUS(R) Paperboard will increase by 65 pounds Sterling per ton in the U.K. and euro 65 per ton in the rest of Europe.
Magellan Petroleum Corporation (Nasdaq: MPET) Magellan Petroleum CorporationPORTLAND, Maine, May 18 /PRNewswire-FirstCall/ — Magellan Petroleum Corporation (Nasdaq:MPE) (ASX:MGN.ax) announced that the Company has signed a term sheet (the “Term Sheet”) with Young Energy Prize S.A. (”YEP”), a Luxembourg corporation, embodying an agreement in principle for an additional equity investment in the Company of $15.6 million. Currently, YEP owns approximately 27% of the outstanding shares of the Company’s Common Stock, calculated as if the warrants to purchase shares of such stock held by YEP were fully exercised.
About SmallCapVoice.com
SmallCapVoice.com is a recognized corporate investor relations firm, with clients nationwide. Known for its ability to help emerging growth companies build a following among retail and institutional investors, SmallCapVoice.com utilizes its stock newsletter to feature its daily stock picks, audio interviews, as well as its client’s financial news releases. SmallCapVoice.com also offers individual investors with all the tools they need to make informed decisions about the stocks they are interested in. Tools like our stock charts, stock alerts, and our investor fact sheets can assist with investing in stocks that are traded on the OTC BB and Pink Sheets.
Small Cap Voice SCV is an electronic publication, and is for informational purposes only. The stocks profiled by SCV are only company profiles and are not intended to be and should not be accepted by you as recommendations to buy or sell in these securities. These profiles are compiled from publicly available sources. Our sources include, but are not limited to, online research, company profiles, member suggestions, magazines, newspapers, analyst suggestions, broker recommendations, contact with the company, company rumors, press releases and other similar information sources. All profiles are based on information that is accessible by the public. Investing in stocks involves risk. SCV is not and does not hold itself out to be a registered broker or dealer or other licensed securities professional. You should consult a qualified, licensed financial advisor or stock broker before making any decisions to invest in the securities of any company that is described in these profiles. For compensation and complete disclaimer click here.
Contact:
Stuart T. Smith CEO
512-267-2430
Categories: OTC Stocks
Stocks are Down on European Economic Concerns
Submitted by SmallCapVoice.com
Stocks are falling in early trading on concerns about how austerity measures in Europe might slow the continent’s economy.
Better-than-expected reports on U.S. retail sales and industrial production didn’t help stock prices.
Investors are focusing on the potential long-term impact of severe austerity measures in some European countries like Greece, Spain and Portugal.
The euro fell to an 18-month low Friday.
In early morning trading, the Dow Jones industrial average is down 135.43, or 1.26 percent, at 10,647.52. The Standard & Poor’s 500 index is down 18.11, or 1.56 percent, at 1,139.32, while the Nasdaq composite index is down 42.72, or 1.78 percent, at 2,351.64.
Yesterday’s Top Performing Small Cap Stock:BRAVADA International Ltd (Pink Sheets: MFLI)
BRAVADA Muscle Flex Inc. was a SmallCapVoice.com top performer yesterday closing up over 4% on trading volume of 2,651,326 shares.
BRAVADA Muscle Flex Inc. recently announced that it is creating its media production subsidiary, BRAVADA Productions, a majority owned entity and has acquired a publicly traded shell, current stock symbol ARLRF (Hampton Gold Corp aka Ariel Resources), to facilitate the development and deployment of its media production business. No shares of BRAVADA Muscle Flex (MFLI) shall be issued in this transaction nor any cash.
Today’s SmallCapVoice.com Hot Stock to Watch:Tie Technologies, Inc. (Pink Sheets: TTCS)
TIE Technologies Subsidiary Whirlwind Media Services Selected to Promote “Jazz on the Pond”Event to Feature Grammy Award Winning Artist Chaka Khan
NEW YORK, May 14, 2010 (GLOBE NEWSWIRE) — TIE Technologies, Inc. (Pink Sheets: TTCS), an information technology, security and telecommunications company, today announces that its award-winning Whirlwind Media Services subsidiary has teamed up with The Belasco Family Foundation to promote their charity event, Jazz on the Pond, in Rochester, New York.
Other Small Cap NewsCamtek Ltd. (Nasdaq: CAMT)
Camtek Receives Order for Multiple Falcon SystemsCamtek’s FALCON System Selected by a Leading Assembly and Test Supplier for Advanced 2D and 3D Metrology and Inspection Applications
MIGDAL HAEMEK, Israel, May 13, 2010 /PRNewswire-FirstCall/ — Camtek Ltd. (NASDAQ and TASE: CAMT) (”Camtek”), announced today that a leading assembly and test supplier in Asia has selected the Falcon, Camtek’s Automatic Optical Inspection (AOI) system, for a 2D and 3D metrology and inspection solution. The full order included four systems; two systems will be installed during the second quarter of 2010 and additional two systems will be installed in the third quarter of 2010.
Geron Corporation (Nasdaq: GERN) Geron Announces Positive Study Data on GRNCM1Study Shows Geron’s Human Embryonic Stem Cell-Derived Cardiomyocytes Do Not Cause Arrhythmias in Animal Model of Chronic Heart Injury
MENLO PARK, Calif.–(BUSINESS WIRE)–Geron Corporation (Nasdaq:GERN) today reported positive preclinical study data showing that GRNCM1, Geron’s cardiomyocyte product derived from human embryonic stem cells (hESCs), does not cause cardiac arrhythmias after transplantation into a model of chronic heart damage designed to test this potential safety concern. GRNCM1 is being developed for the treatment of heart failure.
Novavax, Inc. (Nasdaq: NVAX) Novavax Announces Publication of a Pre-clinical Study with its Pandemic 2009 H1N1 Influenza Virus-Like Particle (VLP) VaccineFirst report of a vaccine protecting ferrets against the 2009 pandemic H1N1 virus is published in the journal Vaccine
ROCKVILLE, Md., May 13 /PRNewswire-FirstCall/ — Novavax, Inc. (Nasdaq:NVAX) announces the first report of a vaccine protecting ferrets against the 2009 pandemic H1N1 virus has been published in the journal Vaccine May 12, 2010 online issue. Scientists from Novavax and the Centers for Disease Control and Prevention (CDC) based in Atlanta, GA, under a collaborative agreement, co-authored the scientific report.
China Direct Industries, Inc. (Nasdaq: CDII) CDII Trading, Inc. in Contract to Supply Manganese Ore to a Manganese Trading and Refining Company in ChinaThe Twelve-Month Contract to Be Sourced From Chile Expected to Generate up to $18 Million in Revenue
DEERFIELD BEACH, FL–(Marketwire - 05/13/10) - China Direct Industries, Inc. (”China Direct Industries”) (NASDAQ:CDII), a U.S. owned holding company operating in China in two core business segments, pure magnesium production and distribution of basic materials, announced today that its wholly owned subsidiary, CDII Trading, Inc. (”CDII Trading”), has entered into a contract to supply manganese ore over the next 12 months to a privately held China-based trading and refining company.
Ballantyne Strong, Inc. (NYSE Amex: BTN) China Film Group Selects Ballantyne Strong for an Additional 200 NEC Digital Cinema Projectors for Mainland ChinaOMAHA, Neb.–(BUSINESS WIRE)–Ballantyne Strong, Inc. (NYSE Amex: BTN), a provider of digital cinema projection equipment and services, cinema screens and other cinema products, announced today that it has been selected to provide 200 NEC digital cinema projectors for China Film Group Corp. in theatres throughout The People’s Republic of China (PRC). Ballantyne expects to make initial shipments of 50 projectors in the second quarter of 2010, with the balance of the order to be shipped later this year. The new agreement follows a 100-projector order completed in Q2 ‘09 and a 160-projector order completed in Q1 ‘10.
Converted Organics Inc. (Nasdaq: COIN) Converted Organics Ships Order of Its Lawn and Turf Fertilizer to Integrated Turf Care LLC of FloridaCommercial Landscaping Company Selects Converted Organics to Provide Its Customers With an Organic Lawn Care Solution and Contribute to the Area’s Resource Conservation Efforts
BOSTON, May 13, 2010 (GLOBE NEWSWIRE) — Converted Organics Inc. (Nasdaq:COIN) announced today that it has recently shipped an order of its Converted Organics(R) 8-1-4 Lawn & Turf all-natural, organic fertilizer to a new customer, Integrated Turf Care LLC (http://integratedturfcare.com/index.asp), a company which specializes in commercial landscaping services, based in Coral Springs, FL.
Celsion Corporation (Nasdaq: CLSN) Celsion’s Phase III ThermoDox(R) HEAT Study Recommended for Continuation by Data Monitoring CommitteeCOLUMBIA, Md., May 13 /PRNewswire-FirstCall/ — Celsion Corporation (Nasdaq:CLSN) announced today that after reviewing data from 294 patients including data from 12 Japanese patients enrolled in the pivotal Phase III ThermoDox(R) clinical study (HEAT Study) for primary liver cancer, the Data Monitoring Committee (DMC) has recommended that Celsion continue to enroll patients in the trial.
BIDZ.com, Inc. (Nasdaq: BIDZ) Bidz.com Announces Financial Results for the First Quarter 2010David Zinberg, Chief Executive Officer, added, “I am pleased to report that we are beginning to see positive momentum in both our core business and many of our newer initiatives. Since the end of last year, our Bidz.com site has experienced increased activity in terms of the number of items sold per day, and both our Modnique.com and Buyz sites are off to a good start. Given these trends, as well as a somewhat improved overall economic climate, I believe that we will soon be seeing improved financial results. We remain focused on achieving profitability and leveraging our model to deliver higher earnings, cash flow and shareholder returns.”
Merit Medical Systems Inc. (Nasdaq: BSDM) Merit Medical Systems will buy BioSphere for $96MMerit Medical agrees to buy embolization particle maker BioSphere for $96M, or $4.38 per share
NEW YORK (AP) — Merit Medical Systems Inc. said Thursday it agreed to buy BioSphere Medical Inc., which makes tiny particles that are used deliver drugs or block blood flow to tumors, in a deal valued at $96 million.
The South Jordan, Utah, company said its offer values BioSphere stock at $4.38 per share. That is a premium of 46 percent above BioSphere’s closing price of $3 on Thursday.
eMagin Corporation (OTCBB: EMAN) eMagin Posts Strong First Quarter ResultsNet Income More than Doubles on Revenue and Margin Gains
“eMagin continued to build momentum during the first quarter, hitting its timelines in the development of two custom displays that will enter production this year, while achieving significant revenue growth and increasing margins in what has been historically a quarter of lower sales. Importantly, during the first quarter the Company was awarded additional funding for the development of night vision technology with the Army, and is on track in its development of an ultra-high resolution, 3-D capable microdisplay for the U.S. Army’s Telemedicine and Technology Research Center, which will contribute significantly to our revenue base in 2010 and 2011,” commented Andrew Sculley, eMagin’s president and chief executive officer.
About SmallCapVoice.com
SmallCapVoice.com is a recognized corporate investor relations firm, with clients nationwide. Known for its ability to help emerging growth companies build a following among retail and institutional investors, SmallCapVoice.com utilizes its stock newsletter to feature its daily stock picks, audio interviews, as well as its client’s financial news releases. SmallCapVoice.com also offers individual investors with all the tools they need to make informed decisions about the stocks they are interested in. Tools like our stock charts, stock alerts, and our investor fact sheets can assist with investing in stocks that are traded on the OTC BB and Pink Sheets.
Small Cap Voice SCV is an electronic publication, and is for informational purposes only. The stocks profiled by SCV are only company profiles and are not intended to be and should not be accepted by you as recommendations to buy or sell in these securities. These profiles are compiled from publicly available sources. Our sources include, but are not limited to, online research, company profiles, member suggestions, magazines, newspapers, analyst suggestions, broker recommendations, contact with the company, company rumors, press releases and other similar information sources. All profiles are based on information that is accessible by the public. Investing in stocks involves risk. SCV is not and does not hold itself out to be a registered broker or dealer or other licensed securities professional. You should consult a qualified, licensed financial advisor or stock broker before making any decisions to invest in the securities of any company that is described in these profiles. For compensation and complete disclaimer click here.
Contact:
Stuart T. Smith CEO
512-267-2430
Categories: OTC Stocks
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