Archive for the ‘Daily News And Highlights’ Category

At every point in the economic history of this country the case for small cap investing has been strong. Small companies are the fast, lean engines that drive technological innovation and create entire industries out of a simple idea (the Foreman Grill with heat on two sides of the meat), a process improvement (the Weedeater), or a landmark development (Facebook) that changes the way we live and think. With coming changes in tax legislation, and more likely on the horizon, it’s possible that the popularity of small cap investing will soon explode.

In 1986, Congress ordered the Treasury to study an integration of the corporate and individual income taxes. The Treasury study, released in 1992, recommended as the simplest approach would be a tax exclusion for dividends that have already been taxed as corporate income. President George W. Bush proposed just that in 2003, but secured only a reduction in the dividend tax rate, to a maximum of 15%.

That deal expires at the end of 2010. Without action by Congress, dividends beginning next year will be taxed as ordinary income. In fact, they’ll be taxed a little more. The Patient Protection and Affordable Care Act, signed into law by President Obama in March, increased Medicare taxes and extended them to all income, not just earned income. That includes dividends.

Additionally, the capital gains tax rate is on the endangered species list. From a tax savings perspective, the playing field is leveled between the short-term trader and the buy and hold, dividend seeking investor. Why wouldn’t this breed of investor start investigating the wonderful world of small cap stocks?

Today’s Markets

Stocks are off to a shaky start in Friday trading after the final reading on first-quarter GDP was revised lower. GDP was revised to show the economy grew at a 2.7% annual rate which is down from the prior estimate of 3 percent and 5.6 percent in the fourth quarter. Business spending was also revised lower to a 2.2 percent rate from the prior estimate of 3.1 percent. Corporate profits, meanwhile, were more than double the prior estimate, rising 5 percent.

Banks stocks are up in early trading after Congress reached a deal on financial reform. The legislation, now called the Dodd-Frank bill, now goes to the full House and Senate for a vote and could be signed into law by President Obama by July 4.

The bill dilutes Dem. Sen. Blanche Lincoln’s proposal to make banks spin off their swaps-trading desks after several lawmakers threatened to vote against the legislation on the grounds that such a provision would force trading overseas. The compromise allows banks to stay involved in foreign-exchange and interest-rate swaps dealing, which account for the bulk of the $615 billion over-the-counter derivatives market.

Today’s Top Performers on the OTCBB

Company	Symbol	Last		Chg	%Chg	Open	High	Low	Vol
eGain Communicatio	EGAN	0.97		0.42	76.36%	0.55	0.97	0.55	550
China Digital Medi	CDGT	0.13		0.0539	70.83%	0.11	0.13	0.11	16.35 k
Team Nation Holdin	TEMN	0.0022		0.0009	69.23%	0.0016	0.0022	0.0016	1.03 m
TetriDyn Solutions	TDYS	0.06		0.02	50.00%	0.06	0.06	0.06	1.31 k
Encompass Group Af	ECGA	0.0003		0.0001	50.00%	0.0003	0.0003	0.0003	2.0 m
Blue Earth Solutio	BESN	0.0288		0.0088	44.00%	0.02	0.0288	0.02	5.1 k
Worlds.com Inc.	WDDD	0.10		0.03	42.86%	0.10	0.10	0.10	800
WellTek Inc.	WTKN	0.0134		0.0034	34.00%	0.0125	0.0134	0.0125	15.0 k
Wellstar Internati	WLSI	0.0004		0.0001	33.33%	0.0003	0.0004	0.0003	578.0 k
China Forestry inc.	CHFY	0.02		0.005	33.33%	0.02	0.02	0.02	500

Friday’s Newsmakers:

Tootie Pie Company Sales Up 32% for May
Jun. 24, 2010 (Business Wire)

Tootie Pie Company, Inc. (OTCBB: TOOT) announced that sales for May 2010 were up 32%, versus May, 2009. Unit sales were up 10% for the same corresponding periods.

“We have experienced solid monthly increases for eight consecutive months. Mother’s Day kicks off our summer selling season and I am very pleased with the way sales are trending. Our sales team continues to do an outstanding job,” said Don Merrill, President & CEO, “and our cafés are emerging into models of success for our wholesale customers!”

Merrill added that he is seeing “true sales and marketing integration extending through all of our selling channels,” for the first time in the Company’s history.

“We are also seeing a good response from our corporate customers to our 4th of July campaign and if corporate sales were to kick in, then the 2010 holiday season will really be a winner!” Merrill explained.

“History tells us that sales generated during these warmer months will grow exponentially when the colder weather ushers in the holiday season,” added Merrill. “Right now, these results suggest that the 2010 holiday season will set new records for Tootie Pie Company.”

About Tootie Pie Co.

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. Tootie Pie Company is a public company traded on the NASDAQ OTC market under the symbol “TOOT.” For additional information or to receive correspondence from Tootie Pie Company, please visit www.tootiepieco.com.

Forward-Looking Statements

This press release may contain forward-looking statements. The words “believe,” “expect,” “should,” “intend,” “estimate,” and “projects,” variations of such words and similar expressions identify forward-looking statements, but their absence does not mean that a statement is not a forward-looking statement. These forward-looking statements are based upon the Company’s current expectations and are subject to a number of risks, uncertainties and assumptions. The Company undertakes no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise. Among the important factors that could cause actual results to differ significantly from those expressed or implied by such forward-looking statements are risks that are detailed in the Company’s filings, which are on file with the U.S. Securities and Exchange Commission (SEC).

Source: Business Wire (June 24, 2010 – 9:30 AM EDT)

Express IR (XIR) is an electronic publication, and is for informational purposes only. The stocks profiled by XIR 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. XIR 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:

Ralph Sharp
rsharp@expressir.com

–

More Stock Highlights & Tootie Pie Company (OTCBB: TOOT) News

• 6-25-10 Daily Small Cap Market News and Stock Highlights from SmallCapVoice.com – Stocks are little changed after lawmakers agreed on a financial regulation bill and the government lowered its estimate on how fast the economy grew in the first quarter…
• Tootie Pie Company Continues to Impress | Stock Market News … – Tootie Pie Company continues its impressive string of month-over-month sales gains as it adds new revenue generating restaurant customers Tootie Pie Compnay Inc. (OTC BB: TOOT) reported its seventh consecutive month-over-month sales …
• Tootie Pie Company, Inc. (OTC:TOOT) Stock Is Baked On Gourmet … – Yesterday, investors “with refined taste and passion” for Tootie Pie Company, Inc. (OTC:TOOT) stock decided to vote for not changing the share…

In a Rasmussen Reports national telephone survey released today, 48% of American adults see the government today as a threat to individual rights rather than a protector of those rights. Additionally, most Americans (52%) say it is more important for the government to protect individual rights than to promote economic growth. Just 31% say promoting economic growth is more important.

Using a systems theory approach, let’s connect the dots. Simply put, if the government protects individual rights, it is promoting economic growth. With the nationalization of the auto industry and healthcare, BP’s incompetence has given the government another industry to put in the crosshairs. Don’t be surprised if talk of nationalizing exploration and development, and therefore the domestic oil industry is next.

It should be our right as investors to participate in free and efficient financial markets. But if business and industry has to compete with the federal government, the 48% of American’s polled may be on to something.

Today’s Markets

Stocks are lower in early trading despite better-than-expected reports on jobs and durable-goods orders in the U.S.

The Dow Jones Industrial Average was down more than 70 points falling below the 10,230 level in early trading. Pfizer was the measure’s worst performer with a drop of almost 2%, based on the and FDA request of the suspension of osteoarthritis trials of its pain drug tanezumab after some reports that patients’ ailments worsened to the point of needing joint replacement.

The Nasdaq Composite declined 0.5% to 2243. The Standard & Poor’s 500 slipped 0.5% to 1087, with its financial and consumer-discretionary sectors leading the drop.

The drop came despite a bigger-than-expected drop in weekly jobless claims. Initial claims for jobless benefits fell by 19,000 to 457,000 in the week ended June 19, while economists had expected claims would fall by only 7,000.

The Commerce Department said durable-goods orders decreased by 1.1% to a seasonally adjusted $192.01 billion, but that was smaller than the 1.5% decline economists predicted. The number was weighed down by a 30% plunge in non-defense aircraft and parts that followed a 216% surge in April. Outside of the transportation sector, orders for all other durables rose by 0.9% in May, with gains in metals, machinery and computers.

Today’s Top Performers on the OTCBB

Company	Symbol	Last		Chg	%Chg	Open	High	Low	Vol
Data Storage Corp.	DTST	0.15		0.11	275.00%	0.15	0.15	0.15	222
Finotec Group Inc.	FTGI	0.25		0.15	150.00%	0.20	0.25	0.20	11.49 k
International Star	ILST	0.016		0.0078	95.12%	0.016	0.016	0.016	2.0 k
Giant Oil & Gas In	GGSIF	0.16		0.075	88.24%	0.12	0.16	0.12	20.5 k
NextMart Inc.	NXMR	0.0075		0.0035	87.50%	0.0051	0.0075	0.0051	205.0 k
CardioGenics Holdi	CGNHD	0.75		0.35	87.50%	0.75	0.75	0.75	1.8 k
Ligand Pharmaceuti	LGNDZ	0.25		0.11	78.57%	0.25	0.25	0.25	1000
Franklin Towers En	FRTW	0.006		0.002	50.00%	0.006	0.006	0.006	3.0 k
Bonds.Com Group In	BDCG	0.20		0.05	33.33%	0.20	0.20	0.15	15.88 k
Central Illinois P	CIPSN	101.00		25.00	32.89%	101.00	101.00	101.00	100

Tuesday’s Newsmakers:

Herley Industries, Inc. Receives a $12 Million Contract to Provide Electronics for a U.S. Missile Program
Jun. 24, 2010 (PR Newswire)

LANCASTER, Pa., June 24 /PRNewswire-FirstCall/ — Herley Industries, Inc. (Nasdaq: HRLY) announced today that its Lancaster division has received a subcontract valued at approximately $12 million from a major prime contractor for the continuing production of electronic hardware for a U.S. missile program.

John A. Thonet, Chairman of the Board, said, “My congratulations go to the team at Herley Lancaster and its Division President, Howard Eckstein, on this significant contract.  The award for flight instrumentation was received and has been incrementally funded over the last few months, and we expect that it will be fully funded within the next few weeks.”

Richard Poirier, Herley’s CEO and President, commented, “Herley Lancaster developed the flight instrumentation and has supported this customer for a number of years.  We are very proud of Herley Lancaster’s significant contribution to this important U.S. missile program, and we anticipate that our strong relationship with our customer will continue well into the future.”

Herley Industries, Inc. is a leader in the design, development and manufacture of microwave technology solutions for the defense, aerospace and medical industries worldwide. Based in Lancaster, PA, Herley has seven manufacturing locations and approximately 1000 employees. Additional information about the company can be found on the Internet at www.herley.com
For information at Herley contact

Peg Guzzetti Tel: (717) 397-2777        
Investor Relations

Safe Harbor Statement – Except for the historical information contained herein, this release may contain forward-looking statements. Such statements are inherently subject to risks and uncertainties. Forward-looking statements involve various important assumptions, risks, uncertainties and other factors which could cause our actual results to differ materially from those expressed in such forward-looking statements. Forward-looking statements in this discussion can be identified by words such as “anticipate,” “believe,” “could,” “estimate,” “expect,” “plan,” “intend,” “may,” “should” or the negative of these terms or similar expressions. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, performance or achievement. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors including but not limited to, competitive factors and pricing pressures, changes in legal and regulatory requirements, cancellation or deferral of customer orders, technological change or difficulties, difficulties in the timely development of new products, difficulties in manufacturing, commercialization and trade difficulties and current economic conditions, including the potential for significant changes in US defense spending under the new Administration which could affect future funding of programs and allocations within the budget to various programs as well as the factors set forth in this report and in our public filings with the Securities and Exchange Commission.

SOURCE Herley Industries, Inc.        
Source: PR Newswire (June 24, 2010 – 9:30 AM EDT)

Express IR (XIR) is an electronic publication, and is for informational purposes only. The stocks profiled by XIR 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. XIR 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:

Ralph Sharp
rsharp@expressir.com

–

More Small Cap Market News

• 6-24-10 Daily Small Cap Market News and Stock Highlights from SmallCapVoice.com – Stocks fell in early trading Thursday and interest rates dropped to their lowest levels in more than a year as investors remain tentative about the strength of a domestic economic recovery…

• 5 Active Small Cap Penny Stocks With News For June 23rd 2010 … – THE STOCK WIZARDS FOCUS LISTS INCLUDES: (OTCBB: UNDT) Universal Detection Technology (OTC: HFBG) Hall of Fame Beverages, Inc…

• Stock NEws on Small Cap Stock Movers (NLST, MHK, JSDA, HLX) – Shares of Small Cap Stocks lost its early sharp gains but ended slightly higher on Monday as hopes for global growth spurred riskier investments…

Stocks Fall In Volatile Session

Stocks slipped Tuesday, giving up earlier gains in a volatile session, on worse-than-expected existing home sales report and more news on the European debt crisis. The Dow Jones industrial average fell 148 points to close at 10.293.90, while the Nasdaq composite lost 26.52 to close at 2262.57.

Trading was volatile throughout Tuesday’s session, with an early advance losing steam after the release of the housing market report and amid the ongoing debt crisis.

Oil company shares fell in the afternoon amid the continued fallout from the BP oil spill. A judge ruled to lift the six-month ban on deep water drilling instigated in the wake of the spill, but the Obama administration has vowed to appeal the lifting of the ban.

Stocks initially rose Monday after China said it would let its currency rise versus the dollar, a move that could boost U.S. exports and manufacturing. But the market slipped by the close as the recent trend of last-hour volatility returned. The transportation sector was hit pretty hard, with truckers, railroads and airlines dragging down the Dow Jones Transportation Average by more than 3%.

Existing home sales fell to a seasonally adjusted annual unit rate of 5.66 million in May, the National Association of Realtors reported. That was down from a 5.77 million unit rate in April and short of forecasts for a rise to 6.1 million units.

Today’s Top Performers on the OTCBB

Company	Symbol	Last		Chg	%Chg	Open	High	Low	Vol
North American Gam	NAGM	0.49		0.47	2,350.00%	0.49	0.49	0.49	200
Amexdrug Corp.	AXRX	2.00		1.90	1,900.00%	3.60	3.60	2.00	1000
Smoky Market Foods	SMKY	0.10		0.086	614.29%	0.03	0.10	0.03	25.48 k
China Yili Petrole	CYIP	1.07		0.92	613.33%	1.07	1.07	1.07	200
Energy Holdings In	EGYH	0.63		0.48	320.00%	0.63	0.63	0.63	1000
QE Brushes Inc.	QEBR	0.20		0.15	300.00%	0.11	0.20	0.11	15.0 k
OLB Group Inc.	OLBG	0.025		0.0177	242.47%	0.025	0.025	0.025	1000
Vaughan Foods Inc.	FOODZ	0.05		0.035	233.33%	0.038	0.05	0.038	18.5 k
Receivable Acquisi	RCVA	0.07		0.0445	178.88%	0.007	0.07	0.07	10.0 k
Lux Digital Pictur	LUXD	0.03		0.019	172.73%	0.02	0.03	0.02	57.0 k

Tuesday’s Newsmakers:

Heli Electronics Corp. Releases its 2010 and 2011 Financial Forecasts – Revenues Projected to Reach $104 Million in 2010
Jun. 22, 2010 (Business Wire)

Heli Electronics Corp. (OTCBB:HELI), a marketing, sales, and distribution company for Audio-Visual (AV) products in China, is pleased to announce its income forecast for years 2010 and 2011. The company entered and completed a share exchange agreement on June 15, 2010, taking control of Heli Holding Group Ltd. As a result of Heli Holding’s operations, the company is hopeful that its revenues will reach USD $104,180,000 by the end of 2010 and USD $177,466,000 by the end of 2011.

Based on the company’s projections, it plans to achieve USD $104,180,000 in revenue by the end of 2010, which would be an increase of 252% over 2009 revenues of $29,831,658. Looking back on performance and achievements in the previous two years, by virtue of Heli’s strong brand and sales network advantage, efficient logistics system, and comprehensive after-sales service, upper management has full confidence that the growth in revenue is highly achievable. With record Q1 revenue results for 2010 already reported of $18,840,826, the growth rate of Heli’s business is expected to continue. For the remainder of the year, the company anticipates revenues of $22.3 million for Q2, $28.2 million for Q3, and $34.9 million for Q4 2010.

Heli also hopes for growth in its net income for 2010. Heli forecasts net income of $8.19 million, which would be an increase of 267% over 2009 net income of $2.22 million.

Since June 2008, Heli has been authorized as the official marketing, distribution and after-sales service agency of Haier group, the word-class electronics manufacturer, and has become responsible for general distribution of Haier AV products such as desktop speakers, multimedia stereo systems, and home theatres. The company’s operations have grown exponentially since its inception, primarily due to Haier’s strong brand image, as well as its advanced management and continuous expansion of sales channels. Haier’s rich resources and competitive advantages will help guide the company to sustain its momentum and continually grow.

“We have many plans for the year 2010, including increasing effective agency management and customer relationship maintenance, further brand image promotion, and hiring additional staff. Overall, the company plans to increase its staff by over 60% by hiring 50 people in areas such as management, sales, distribution, and marketing. Our growth and revenues are projected to increase for 2010, as we plan to enter over 60% of all of Haier’s networks in China, which would account for about 30,000 of its sales points,” states Mr. Xin Qiu, President and CEO of Heli.

About Heli Electronics Corp.

Heli Electronics Corp. (www.helielectronics.com) is traded under the symbol HELI on the OTCBB exchange and is based in Guangzhou, China. It is the primary marketing, promotion, logistics, and after-sales service agency of audio and visual (AV) products for Haier Group, a world leader in electronics and electrical appliances. Its products include speakers, multimedia stereo systems, and home theatres, among other types of AV products. The company seeks to establish a broad network in China to provide comprehensive after-sales service, brand establishment, brand promotion, distribution, and logistics management of a wide array of electronics and electrical appliances. Backed by Haier’s strong brand presence and an abundance of sales channels throughout Mainland China, HELI has grown immensely since its inception in March 2008.

Further information on the Company can be found at www.sec.gov and the company’s website at www.helielectronics.com

Forward Looking Statements

Statements in this press release regarding Heli Electronics Corp’s products, services, capabilities, performance, opportunities, development and business outlook that are forward-looking involve and are subject to known and unknown risks, uncertainties and other factors, some of which are beyond Heli Electronics Corp’s control and difficult to predict, and could cause actual results to differ materially from those anticipated, expressed or forecasted in the forward-looking statements. In particular statements relating to Heli Electronics Corp’s revenues and income in the coming years, specifically references to revenues of $22.3 million for Q2, $28.2 million for Q3, and $34.9 million for Q4 2010, and net income of $8.19 million, which would be an increase of 267% over 2009 net income of $2.22 million are subject to changes due to various known and unknown risks. There can be no assurance that the company will be able to meet these revenue and income projections and investors should not rely on them when making an investment in the company. Such risks and uncertainties may include, but are not limited to: lack of operating history , difficulties in distinguishing Heli Electronics Corp’s products and services, ability to deploy Heli Electronics Corp’s products, lack of or delay in market acceptance and fluctuations in customer demand, dependence on a limited number of suppliers, reliance on third party vendors and strategic partners, reliance on the business operations of third parties, ability to meet future capital requirements on acceptable terms and the global economy, compliance with federal and state regulatory requirements, timing, availability and success of new technology and product introductions and the other factors discussed in Heli Electronics Corp’s filings with the Securities and Exchange Commission.

Source: Business Wire (June 22, 2010 – 1:22 PM EDT)

Express IR (XIR) is an electronic publication, and is for informational purposes only. The stocks profiled by XIR 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. XIR 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:

Ralph Sharp
rsharp@expressir.com

–

More Small Cap Market News

• 6-22-10 Daily Small Cap Market News and Stock Highlights from SmallCapVoice.com – Fresh concerns about Europe’s sovereign debt crisis are keeping the stock market in check Tuesday…
• let’s play “invest lazy man’s money” – the deposit for my tax year 2006 roth ira just went through. so now i have $4000 sitting an account waiting to be invested. i’m looking for an etf to invest in. i have $8000 in vanguard small cap etf (vb). …

Stocks Rise On China Exchange Rate News

U.S. financial markets are holding on to modest gains Monday afternoon following word from China to make its exchange rate more flexible. The Dow Jones industrial average added 61 points or 0.6%, the S&P 500 index added 5 points or 0.5% and the Nasdaq composite added 3 points or 0.1%.

The news, which broke over the weekend, helped the Dow Jones Industrial Average get off to a strong start Monday, up about 145 points at its intraday high less than an hour into the session. While many traders initially took China’s announcement as a sign of confidence that the country’s economy is strong, some are grumbling that even a small reduction in exports by China because of a strengthening local currency might hurt the fragile global economic recovery.

Monday’s rally came after China said over the weekend it would drop its currency’s two-year-old informal peg to the U.S. dollar, a move that was cheered by the U.S. and other trading partners. But with China insisting on gradual change, analysts say only a modest appreciation of the yuan is likely at first. People’s Bank of China on Monday kept the yuan’s official exchange rate unchanged from Friday’s 6.8275 to the dollar. Traders, meanwhile, are hedging on the likelihood of long-term appreciation, and the yuan rose 0.4% in over-the-counter dealings, to its strongest level against the dollar in the currency’s modern era.

The dollar rose against the euro, reversing an earlier move. The U.S. Dollar Index, reflecting the U.S. currency against a basket of six others, rose 0.2% after being down earlier in the session.

Today’s Top Performers on the OTCBB

Company	Symbol	Last		Chg	%Chg	Open	High	Low	Vol
China Heli Resourc	CRRWF	1.01		0.86	573.33%	1.01	1.01	1.01	800
Amerigo Energy Inc.	AGOE	0.08		0.06	300.00%	0.08	0.08	0.08	5.0 k
InSight Health Ser	ISGT	0.35		0.23	191.67%	0.35	0.35	0.35	500
TetriDyn Solutions	TDYS	0.06		0.0378	170.27%	0.05	0.06	0.05	25.2 k
ImaRx Therapeutics	IMRX	0.017		0.0105	161.54%	0.017	0.017	0.017	10.0 k
Zurvita Holdings I	ZRVT	0.39		0.235	151.61%	0.39	0.39	0.39	330
FastFunds Financia	FFFC	0.15		0.09	150.00%	0.15	0.15	0.15	1000
Diagnostic Imaging	DIIG	0.20		0.12	150.00%	0.27	0.27	0.20	5.5 k
Asian Dragon Group	AADG	0.088		0.048	120.00%	0.042	0.088	0.042	5.1 k
EnerTeck Corp.	ETCK	0.54		0.25	116.00%	0.54	0.54	0.54	200

Monday’s Newsmakers:

Aeterna Zentaris Receives US$12 Million on Closing of Registered Direct Offering
Jun. 21, 2010 (PR Newswire)

QUEBEC CITY, June 21 /PRNewswire-FirstCall/ – Aeterna Zentaris Inc. (NASDAQ: AEZS; TSX: AEZ) (the “Company”), a late-stage drug development company specialized in oncology and endocrinology, announced today that it has completed its previously announced registered direct offering of US$12.1 million of units comprised of common shares and common share purchase warrants to certain institutional investors. Net proceeds from this offering, after deducting placement agent fees and other offering expenses total approximately US$11.3 million. All of the securities were offered pursuant to an effective shelf registration statement. Proceeds from the transaction will be used to fund the Company’s AEZS-108, AEZS-112 and AEZS-130 programs and for other general corporate and working capital purposes.

Proceeds received in connection with the Company’s previous registered direct offering, completed on April 20, 2010, have been and are being used primarily in connection with perifosine, the Company’s lead oncology compound that is being developed in collaboration with its North American partner, Keryx Biopharmaceuticals, Inc. (NASDAQ: KERX) (“Keryx”), following various positive developments announced with respect to perifosine during the first quarter of 2010.

Dr. Juergen Engel, Ph.D., President and CEO of Aeterna Zentaris stated: “These recent financings, combined with our reduced burn-rate, provide us with a solid financial position to pursue our drug development programs. Our main focus will be on advancing, in collaboration with our partner Keryx, the current Phase 3 trials with perifosine for multiple myeloma and colorectal cancer, on completing the AEZS-108 Phase 2 trial in endometrial cancer and on advancing our AEZS-112 and AEZS-130 programs. We are very encouraged with the positive data recently disclosed for perifosine and AEZS-108 and we look forward to disclosing further results on our compounds and initiating additional clinical trials by year-end.”

As of June 21, 2010 and after issuing approximately 8.8 million common shares at the closing of this offering, the Company had approximately 83.1 common shares issued and outstanding, without giving effect to or assuming the exercise of any outstanding warrants.

A shelf registration statement relating to the common shares and warrants issued in the offering (and the common shares issuable upon exercise of the warrants) has been filed with the Securities and Exchange Commission (the “SEC”) and has been declared effective. A prospectus supplement relating to the offering was filed with the SEC. Copies of the prospectus supplement and accompanying prospectus may be obtained directly from Aeterna Zentaris Inc., 1405 du Parc-Technologique Boulevard, Quebec City, Canada G1P 4P5. This announcement is neither an offer to sell nor a solicitation of an offer to buy any of Aeterna Zentaris’ common shares or warrants. No offer, solicitation or sale will be made in any jurisdiction in which such offer, solicitation or sale is unlawful.

Rodman & Renshaw, LLC, a subsidiary of Rodman & Renshaw Capital Group, Inc., (Nasdaq: RODM), acted as the exclusive placement agent for the transaction.

About Aeterna Zentaris Inc.

Aeterna Zentaris Inc. is a late-stage drug development company specialized in oncology and endocrine therapy. News releases and additional information are available at www.aezsinc.com.

Forward-Looking Statements

This press release contains forward-looking statements made pursuant to the safe harbor provisions of the U.S. Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which could cause the Company’s actual results to differ materially from those in the forward-looking statements. Such risks and uncertainties include, among others, the availability of funds and resources to pursue R&D projects, the successful and timely completion of clinical studies, the ability of the Company to take advantage of business opportunities in the pharmaceutical industry, uncertainties related to the regulatory process and general changes in economic conditions. Investors should consult the Company’s quarterly and annual filings with the Canadian and U.S. securities commissions for additional information on risks and uncertainties relating to the forward-looking statements. Investors are cautioned not to rely on these forward-looking statements. The Company does not undertake to update these forward-looking statements. We disclaim any obligation to update any such factors or to publicly announce the result of any revisions to any of the forward-looking statements contained herein to reflect future results, events or developments except if we are required by a governmental authority or applicable law.

SOURCE AETERNA ZENTARIS INC.        
Source: PR Newswire (June 21, 2010 – 3:05 PM EDT)
News by QuoteMedia

Express IR (XIR) is an electronic publication, and is for informational purposes only. The stocks profiled by XIR 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. XIR 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:

Ralph Sharp
rsharp@expressir.com

–

More Small Cap Market News

• 6-21-10 Daily Small Cap Market News and Stock Highlights from SmallCapVoice.com – Stocks are extending a rally after China said it will allow its currency to appreciate against the dollar…

• Public Investment » Blog Archive » 3 Tips to Successful Small … – ForexAutopilotRobot.com – 3 Tips to Successful Small FOREX Investing – Profit 500% in 30 Days With Less Initial Investment It might be said in the financial world that small cap investing is a risky proposition. …

• the company you keep | Small Investing Insights – in small cap companies, quality of the management team can make all the difference between a stock that soars and one that tanks. of course leaders of large companies can transform them (think Steve Jobs). but change tends to filter faster through smaller companies fewer layers of people, processes, basically less bureaucracy.

Stocks Fall On Economic Worries

U.S. stocks were lower in afternoon trading, hurt by disappointing manufacturing and jobs reports, although a strengthening euro checked the market’s declines. In afternoon trading, the Dow Jones Industrial Average was trading at 10,395 down 14 points. Alcoa is leading the Dow’s decline, falling 2.1%. Verizon Communications was also weak, sliding 1.1%. Merck lost 1.2%, while Pfizer dropped 1.3%.

Stocks gave back a morning rally after the Federal Reserve Bank of Philadelphia’s June index of business activity for factory operators in the Mid-Atlantic area fell to 8.0, from 21.4 in May, and far below the 21.0 reading expected by economists. Adding to negative sentiment, the Conference Board’s index of leading economic indicators rose less than expected in May, notching a 0.4% increase, less than the expected 0.6% rise.

Compounding the economic issues, the Labor Department said that the number of U.S. workers filing new claims for unemployment benefits increased last week. Initial claims for jobless benefits rose 12,000 to 472,000 in the week ended June 12. The rise in claims comes on the heels of a recent monthly payroll report from the government that sorely disappointed traders, showing weak job gains aside from hiring by the government for census work. With private-sector hiring weak, many investors are on the defensive, reassessing their view of the broader U.S. economic rebound.

Today’s Top Performers on the Nasdaq

Company	Symbol	Last		Chg	%Chg	Open	High	Low	Vol
Western Lucrative	WLUC	0.19		0.175	1,166.67%	0.10	0.19	0.05	65.0 k
JinZangHuang Tibet	JZHG	1.01		0.86	573.33%	0.20	1.01	0.20	400
Feel Golf Co. Inc	FEEL	0.04		0.026	185.71%	0.02	0.04	0.02	344.5 k
Premiere Publishin	PPBL	0.029		0.018	163.64%	0.015	0.03	0.015	269.0 k
Idaho Bancorp	IDBC	0.75		0.41	120.59%	0.75	0.75	0.75	500
Dolat Ventures Inc.	DOLC	0.23		0.109	90.08%	0.24	0.24	0.12	46.6 k
FNBH Bancorp Inc.	FNHM	0.90		0.40	80.00%	0.90	0.90	0.90	1000
CHDT Corp.	CHDO	0.007		0.003	75.00%	0.006	0.007	0.006	157.2 k
Eagle Oil Holding	EGOH	0.02		0.0085	73.91%	0.021	0.021	0.0165	283.1 k
Sonoma Valley Banc	SBNK	1.75		0.74	73.27%	1.15	1.75	1.15	12.57 k

Thursday’s Newsmakers:

Mylan Receives Approval for Hydroxyzine Hydrochloride Tablets
Jun. 17, 2010 (PR Newswire)

PITTSBURGH, June 17 /PRNewswire-FirstCall/ — Mylan Inc. (Nasdaq: MYL) today announced that its subsidiary Mylan Pharmaceuticals Inc. received final approval from the U.S. Food and Drug Administration (FDA) for its Abbreviated New Drug Application (ANDA) for Hydroxyzine Hydrochloride Tablets 10 mg, 25 mg and 50 mg. The product was determined to be bioequivalent and, therefore, therapeutically equivalent to Pliva’s Hydroxyzine Hydrochloride Tablets, a treatment for nervousness and tension.

Hydroxyzine Hydrochloride Tablets had U.S. sales of approximately $55 million for the 12 months ending March 31, 2010, according to IMS Health.

Currently, Mylan has 138 ANDAs pending FDA approval representing $95.2 billion in annual brand sales, according to IMS Health. Forty of these pending ANDAs are potential first-to-file opportunities, representing $21 billion in annual brand sales, for the 12 months ending Dec. 31, 2009 according to IMS Health.

Mylan Inc. ranks among the leading generic and specialty pharmaceutical companies in the world and provides products to customers in more than 140 countries and territories. The company maintains one of the industry’s broadest and highest quality product portfolios supported by a robust product pipeline; operates one of the world’s largest active pharmaceutical ingredient manufacturers; and runs a specialty business focused on respiratory, allergy and psychiatric therapies. For more information, please visit www.mylan.com.

SOURCE Mylan Inc.                
Source: PR Newswire (June 17, 2010 – 1:56 PM EDT)

ThinkGeek Releases Electronic T-Shirts for Young Rocker
Jun. 17, 2010 (PR Newswire)

FAIRFAX, Va., June 17 /PRNewswire/ — ThinkGeek, a Geeknet (Nasdaq: LNUX) company, today announced the release of the kid versions of their popular Electronic Rock Guitar Shirt and Electronic Drum Kit Shirt.  The geniuses at ThinkGeek Labs know that there is no age limit to being a Rock God, so they created these interactive shirts to give the youngest of rock and roll dreamers the ability to ROCK OUT!

The Kids Electronic Rock Guitar Shirt is NOT a toy that plays pre-canned musical riffs, it’s a real musical instrument that allows you to play your favorite songs and sound great doing it.  With its included mini amp that attaches to any belt, any kid can play classic rock songs for their friends and family.  Plus, they can play with precision due to the shirt’s ingenious technology.

Each button on the neck of the guitar plays a major chord, which makes it simple and easy to crank out songs like “Smoke on the Water” and “I Love Rock n’ Roll”.  Since all the chords have been recorded on a real electric guitar, the sound that is created is truly authentic.  The included magnetic pick allows you to strum just like you would on an actual guitar.

The Kids Electronic Drum Kit Shirt is NOT just a picture of a drum kit on a t-shirt. It’s a fully functional and actual playable drum kit with 7 different drums.  Each of the seven drums has a different and distinct sound.  Hit the drums on the shirt with your finger and it plays the beat through a built-in embedded speaker.

Both the Kids Electronic Rock Guitar Shirt and the Kids Electronic Drum Kit Shirt come in small (28″ chest, 43–55lbs.), medium (30″ chest, 56-73lbs.) and large (32″ chest, 74–100lbs.).  Each shirt comes with its own set of care/washing instructions.  They are available exclusively from ThinkGeek for $29.99 at thinkgeek.com/kids-rock-shirts.

ABOUT THINKGEEK

ThinkGeek is the premier retailer for the global geek community. A wholly-owned subsidiary of Geeknet, Inc. (NASDAQ: LNUX), ThinkGeek was founded in 1999 to serve the distinct needs and interests of technology professionals and enthusiasts. Today, ThinkGeek has grown to become the first choice for innovative and imaginative gifts that appeal to the geek in everyone. For more information, please visit thinkgeek.com or call 1-800-GEEKSTUFF.

ABOUT GEEKNET

Geeknet, Inc. (NASDAQ: LNUX), is the online network for the global geek community. Our sites include SourceForge, Slashdot, ThinkGeek, Geek.com, Ohloh and freshmeat. We serve an audience of nearly 44 million users* each month and provide the tech obsessed with content, culture, connections, commerce, and all the things that geeks crave. Want to learn more? Check out geek.net.

(*May 2010 Unique Visitors 43.5M. Source: Google Analytics and Omniture)

Geeknet is a trademark of Geeknet, Inc. SourceForge, Slashdot, ThinkGeek, Ohloh and freshmeat are registered trademarks of Geeknet, Inc. in the United States and other countries.

SOURCE ThinkGeek             
Source: PR Newswire (June 17, 2010 – 12:16 PM EDT)

Express IR (XIR) is an electronic publication, and is for informational purposes only. The stocks profiled by XIR 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. XIR 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:

Ralph Sharp
rsharp@expressir.com

–

More Small Cap Market News

• 6-17-10 Daily Small Cap Market News and Stock Highlights from SmallCapVoice.com – Stocks are mixed after a stronger euro helped ease concerns about a surprise increase in first-time claims for unemployment benefits…

• Stock Market Investment Goals – Rather the stocks you purchase need to be aligned with your investment goals and the timeframe of that investment. For example, when buying stocks it is helpful to first determine when you hope to reach your financial goal. All of these factors will determine how long you want to invest in the stock market, and the type of returns you hope to get out of your investments.

• Is Now A Good Time For Penny Stocks? | Canadian Penny Stocks Blog – Since the stock market prices of 2010 have been quite volatile and you’ve been able to seize on the opportunities therein, it could be time for you to consider small cap stocks as a part of your investment portfolio. …

Energy Stocks Higher On Initial BP Resolution

While stocks erased early session losses for a moderate gain in late afternoon trading (DJ30 +10.43 NASDAQ +9.43 SP500 +1.84) , the energy sector rebounded after BP agreed to place about $20 billion in an account to pay for claims related to the Gulf of Mexico oil spill. BP reached a preliminary agreement with the White House to deposit $20 billion in an escrow account to help pay for long-term damages, according to inside sources. This news provided some reassurance to investors concerned about the extent of BP’s liabilities. BP recovered much of its morning loss of more than 4%. American depositary receipts of the oil company were down 1%, while London shares lost 1.5%. Energy stocks climbed higher as investors looked for some resolution over how claims in the Gulf will be handled.

The Nasdaq Composite edged slightly higher at 2315, boosted by a 2.3% rise in Apple after the company said it took preorders for more than 600,000 of its new iPhone 4 on its first day of availability. As anticipated, the demand for the new iPhone was very high.

Today’s Top Performers on the Nasdaq

Company	Symbol	Last		Chg	%Chg	Open	High	Low	Vol
United Western Ban	UWBK	1.18		0.3379	40.13%	1.47	1.47	1.03	1.47 m
Uranium Resources	URRE	0.6697		0.1697	33.94%	0.685	0.74	0.61	2.08 m
Somanetics Corp.	SMTS	24.83		5.93	31.38%	24.81	24.86	24.81	7.62 m
Wireless Ronin Tec	RNIN	1.49		0.25	20.16%	1.22	2.03	1.22	303.1 k
Information Servic	III	2.59		0.35	15.62%	2.26	2.80	2.26	113.98 k
ATP Oil & Gas Corp.	ATPG	11.8501		1.5201	14.72%	10.17	11.88	10.01	5.13 m
Cray Inc.	CRAY	6.33		0.79	14.26%	5.48	6.33	5.43	1.23 m
Neurocrine Bioscie	NBIX	5.35		0.65	13.83%	5.46	5.60	5.07	5.52 m
Mirant Corp. Serie	MIR.WS.B	0.125		0.015	13.64%	0.125	0.125	0.125	1.5 k
NewBridge Bancorp	NBBC	4.93		0.53	12.05%	4.36	4.93	4.1075	47.24 k

Wednesday’s Newsmakers:

Masterbeat Announces Merger With AudioStreet, Inc.
Jun. 16, 2010 (PR Newswire)

NEW YORK, June 16 /PRNewswire-FirstCall/ — Masterbeat Corporation, which owns and operates www.masterbeat.com, announced today that it has signed a Letter of Intent to merge with AudioStreet, Inc., a privately-held conglomerate of diverse media website communities focused on music-based content; AudioStreet.net, MixStreet.com and LiveMansion.com.

Brett Henrichsen, Masterbeat’s CEO and Founder, announced, “Masterbeat was founded in an effort to create the best user experience for music lovers and to offer only the highest quality audio files in the process.  This merger will strengthen Masterbeat’s bid to become the premier digital music community on the web.”  Masterbeat.com is a digital music download store offering consumers over 4 million tracks, ranging from past and present hits to rare and exclusive dance and DJ remixes from both major and independent labels.

AudioStreet.net and MixStreet.com were launched in 2004 and 2005, respectively, as online destinations for musicians, DJs and music mixologists.  The sites provide a platform for artist discovery and for the promotion and distribution of new music from independent producers.   Combined, these two sites currently have over 40,000 brands and 20,000 actively participating DJs.  Chris Messalas, Chairman of AudioStreet, Inc. stated, “We are excited about the synergy that exists between AudioStreet’s brands and Masterbeat.  We look forward to the imminent growth of all of the brands under the stewardship of Masterbeat.”

MASTERBEAT CORPORATION (OTC Bulletin Board: MSTO) operates www.masterbeat.com, a digital music superstore offering over four million fully DRM-free tracks in MP3 and WAV formats, ensuring compatibility on all devices without restriction. This virtual shopping mall houses an impressive catalog of music spanning all genres, including dance, electronica, house, disco, country, techno, rock, hip hop and R&B. Masterbeat.com is also the leading web destination for hard-to-find, exclusive DJ remixes of popular music. Masterbeat.com is the only online retailer carrying the full catalog of any major label in lossless (CD-quality) audio, which gives fans the opportunity to listen to their favorite music the way it was recorded and intended to be heard.  Masterbeat’s collection features music from all four major record labels, as well as thousands of independent labels from around the world.  Masterbeat’s ultimate goal is to unlock the enormous revenue potential for artists and labels in unreleased content.

AUDIOSTREET, Inc. operates several music and artist discovery websites designed to allow new bands and producers to market and promote their tracks to both the listening public and to major label A&R departments.  Since its 2007 launch the site has registered over 70,000 new independent artist signups and 6 million song plays.

Express IR (XIR) is an electronic publication, and is for informational purposes only. The stocks profiled by XIR 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. XIR 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:

Ralph Sharp
rsharp@expressir.com

–

More Small Cap Market News

• 6-16-10 Daily Small Cap Market News and Stock Highlights from 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…

• US Small-Cap Stocks Plunge As Jobs, Euro Worries Slam Market … – US Small-Cap Stocks Plunge As Jobs, Euro Worries Slam Market Wall Street Journal NEW YORK (Dow Jones)–US small-capitalization stocks plunged in their second-biggest drop of the year Friday, as fresh worries about the euro zone and a …

• Stock Market Investment Goals – Rather the stocks you purchase need to be aligned with your investment goals and the timeframe of that investment. For example, when buying stocks it is helpful to first determine when you hope to reach your financial goal. All of these factors will determine how long you want to invest in the stock market, and the type of returns you hope to get out of your investments.

Stocks Rise in Early Trading Labor Department, Eurozone News

U.S. stocks were bolstered after the Labor Department said import prices fell 0.6% in May from April, marking the biggest drop in almost a year. That followed a 1.1% gain in April, which was revised up from an originally reported 0.9% increase. Economists surveyed by Dow Jones Newswires were expecting import prices to drop by 1.2%. Import prices were up 8.6% from May 2009, a strong slowdown from April’s 11.1% year-on-year increase.

Also encouraging were positive late trading on European stock markets and steady trading in the Euro. While traders are more optimistic that the economic recovery can continue while addressing mounting debt concerns, some wonder if there is any real traction in this market environment.

With most major market indexes moving mostly sideways over the past few months many investors are sitting on the sidelines. Those that are moving from cash to equities are doing so very cautiously. Most investors are seeking the right balance of growth investments, inflation hedges, and having a strong cash position to capitalize when someone waves the ‘all clear’ flag.

It seems each bullish move is met by some external shock that overshadows any positive economic news. Global economic events like the addition of Hungary to the list of troubled European debtor nations have continued to create doubt, fear, and worry to investor sentiment. Friday’s 1.2% drop in retail sales challenged the notion that modest economic momentum was leading to broader improvements at home. The disaster in the Gulf, leads to both uncertainty on commodity markets and can have long and broad reaching economic effects on tourism and real estate in the all the Gulf states.

Today’s Top Performers on the Nasdaq

Company	Symbol	Last		Chg	%Chg	Open	High	Low	Vol
Molecular Insigh	MIPI	2.19		0.88	67.18%	1.49	2.39	1.27	1.69 m
Clearwire Corp. Ri	CLWRR	0.2286		0.0486	27.00%	0.18	0.24	0.18	4.92 m
AtriCure Inc.	ATRC	6.58		1.35	25.81%	6.33	7.20	6.33	745.18 k
RAM Energy Resourc	RAME	2.18		0.41	23.16%	1.90	2.42	1.90	1.56 m
Palm Harbor Homes	PHHM	2.08		0.34	19.54%	1.80	2.089	1.80	26.65

Tuesday’s Newsmakers:

Comtech Telecommunications Corp. Wins $11.0 Million Order From International Customer for Transportable Troposcatter Systems
Jun. 15, 2010 (GlobeNewswire)

MELVILLE, N.Y., June 15, 2010 (GLOBE NEWSWIRE) — Comtech Telecommunications Corp. (Nasdaq:CMTL) announced today that its Orlando, Florida-based subsidiary, Comtech Systems Inc., received an order for $11.0 million from an international prime contractor for transportable troposcatter systems to be used by a middle eastern government. This is the first material troposcatter equipment contract with this foreign government.

The order is for the delivery of Comtech’s rapidly deployable mobile troposcatter communications systems, spares and training. The systems use Comtech’s advanced CS3000A trailer mounted angle diversity antenna design, such that a complete troposcatter system including electronics and power generation equipment can be provided on a single trailer. Each system includes Comtech’s 22 Mbps CS67200 troposcatter modem, a frequency converter system, power amplifiers, and a suite of baseband equipment.

Fred Kornberg, President and Chief Executive Officer of Comtech Telecommunications Corp., said, “I am excited to be able to announce this important contract with this new foreign government customer. While sales cycles for opportunities of this type can be long, this win is a testament to the superior performance characteristics of our troposcatter systems and demonstrates the importance of troposcatter communications as a cost effective and secure means of high bandwidth communications for beyond line-of-sight voice and data traffic. We look forward to continued expansion of our new business opportunities in this important product line.”

Comtech Systems, Inc. (www.comtechsystems.com) specializes in system design, integration, supply and commissioning of turnkey communication systems including over-the-horizon microwave, line-of-sight microwave and satellite.

Comtech Telecommunications Corp. designs, develops, produces and markets innovative products, systems and services for advanced communications solutions. The Company believes many of its solutions play a vital role in providing or enhancing communication capabilities when terrestrial communications infrastructure is unavailable, inefficient or too expensive. The Company conducts business through three complementary segments: telecommunications transmission, mobile data communications and RF microwave amplifiers. The Company sells products to a diverse customer base in the global commercial and government communications markets. The Company believes it is a market leader in the market segments that it serves.

Certain information in this press release contains statements that are forward-looking in nature and involve certain significant risks and uncertainties. Actual results could differ materially from such forward-looking information. The Company’s Securities and Exchange Commission filings identify many such risks and uncertainties. Any forward-looking information in this press release is qualified in its entirety by the risks and uncertainties described in such Securities and Exchange Commission filings.

Express IR (XIR) is an electronic publication, and is for informational purposes only. The stocks profiled by XIR 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. XIR 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:

Ralph Sharp
rsharp@expressir.com

–

More Small Cap Market News

• 6-15-10 Daily Small Cap Market News and Stock Highlights from SmallCapVoice.com – Stocks are higher after a rising euro and gains in European stocks signal concerns are easing that the continent’s debt loads will disrupt a global recovery…

• Downward-sloping security market line: a sign the end is nigh? – researchers at robeco and erasmus university try to explain why high beta stocks actually perform worse than low beta stocks and how to exploit this anomaly.

• The lure of fundamentally weighted etfs – many of you will have read about the advantages of exchange traded funds over mutual funds. however, have you considered beyond the “etf” moniker to ask: “what etf index should i be looking for”? to start with, let’s quickly examine the …

Stocks Lose Ground After Greek Downgrade

Stocks closed slightly lower on Monday on the Dow Jones Industrial Average (10,190.89 , down 20.18) and the S&P 500 (1,089.63, down 1.97) as the latest downgrade of Greece’s debt weighed on investors. In recent weeks stocks have been overly sensitive to fluctuations in the currency markets. The euro, which has gained ground against the dollar, retreated from its daily highs and helped push major stock indexes lower after Moody’s Investors Service cut Greece’s government-bond ratings to Ba1, which is a junk-grade rating. The Nasdaq Composite Index posted a slight gain to close at 2,243.96 for a gain of 0.36.

On a positive note about the global recovery on Monday, St. Louis Fed President James Bullard, speaking in Tokyo, said he expects an Asian-led world economic recovery to continue, and that he didn’t see evidence of a Chinese bubble. Nor did he think the European debt crisis was poised to derail the economic recovery. As optimism built, demand for safe-haven assets slackened. Treasuries slipped, pushing the yield on the 10-note up to 3.290%. Gold futures also declined, while crude-oil prices climbed near $75 a barrel.

Today’s Top Performers on the OTCBB:

Company	Symbol	Last		Chg	%Chg	Open	High	Low	Vol
Eagleford Energy I	EFRDF	0.75		0.70	1,400.00%	0.75	0.75	0.75	7.75 k
Monkey Rock Group	MKRO	2.24		1.73	339.22%	2.24	2.24	2.24	100
Vibe Records Inc.	VBRE	0.05		0.038	316.67%	0.02	0.02	0.02	347.7 k
Ubiquitech Software	UBQU	0.20		0.135	207.69%	0.20	0.20	0.20	5.0 k
CNC Development Lt	CDLWF	0.15		0.10	200.00%	0.15	0.15	0.15	200 k
Halo Companies Inc.	HALN	1.40		0.90	180.00%	1.40	1.40	1.40	640
International Mone	ITNM	1.25		0.69	123.21%	1.25	1.25	0.30	2.45 k
China Forestry Inc.	CHFY	0.02		0.0105	110.53%	0.02	0.02	0.02	27.5 k
Visualant Inc.	VSUL	0.40		0.20	100.00%	0.25	0.40	0.25	29.0 k
Global Ink Supply	GBIK	0.50		0.25	100.00%	0.51	0.51	0.49	10.0 k

Monday’s Newsmakers:

Multi-Title, Multi-Year Agreement for Blockbuster Franchise Extends Through 2012
Jun. 14, 2010 (PR Newswire)

LOS ANGELES, June 14 /PRNewswire-FirstCall/ — Activision Publishing, Inc. (Nasdaq: ATVI) and Microsoft (Nasdaq: MSFT) announced today a multi-year agreement that will continue to bring Call of Duty(R) game add ons and map packs first to Xbox LIVE online entertainment network. The news was revealed today to a capacity-crowd at Microsoft’s Xbox 360 E3 press conference in Los Angeles. The agreement which began in 2009 now extends for all add ons and map packs from the mega-blockbuster Call of Duty(R) franchise through 2012, including Call of Duty(R): Black Ops, the follow up to the largest entertainment launch in history and one of the most-anticipated titles of the year set for release Nov. 9th.

“Our Treyarch Studio is doing something special with Call of Duty: Black Ops, which is why we’re thrilled to announce this Xbox LIVE agreement,” said Philip Earl, Executive Vice President & General Manager of Activision’s Call of Duty Business Unit. “This agreement reflects our shared and continued focus on creating the most compelling and exciting content releases for fans around the world.”

With billions of hours logged online, Call of Duty titles consistently rank atop Xbox LIVE’s most-played charts, making it the largest Call of Duty community of any entertainment system.

“With 25 million members, Xbox LIVE is the industry’s premier online gaming service that establishes the best in cooperative and multiplayer online play for blockbuster franchises like Call of Duty,” said Marc Whitten, Microsoft’s corporate vice president of Xbox LIVE. “With the release of game add ons and map packs coming first to Xbox 360, Xbox LIVE is the place to play Call of Duty for years to come.”

For more information about Call of Duty: Black Ops, visit www.CallofDuty.com/BlackOps.

About Activision Publishing, Inc.

Headquartered in Santa Monica, California, Activision Publishing, Inc. is a leading worldwide developer, publisher and distributor of interactive entertainment and leisure products.

Activision maintains operations in the U.S., Canada, the United Kingdom, France, Germany, Ireland, Italy, Sweden, Spain, Norway, Denmark, the Netherlands, Australia, South Korea, China and the region of Taiwan. More information about Activision and its products can be found on the company’s website, www.activision.com.

Genzyme’s Alemtuzumab for Treatment of Multiple Sclerosis Granted Fast Track Status by FDA
Jun. 14, 2010 (Business Wire)

Genzyme Corporation (Nasdaq: GENZ) announced today that its alemtuzumab for multiple sclerosis development program has been granted Fast Track status by the U.S. Food and Drug Administration (FDA). This designation covers patients with relapsing-remitting forms of the disease.

The FDA’s Fast Track program is designed to expedite the review of new drugs that are intended to treat serious or life-threatening conditions and demonstrate the potential to address unmet medical needs. Under Fast Track designation, alemtuzumab for MS is eligible for Priority Review and the FDA may consider for review portions of the marketing application before the submission of a New Drug Application (NDA) is completed.

“We are extremely pleased that our alemtuzumab development program has been assigned Fast Track status, and look forward to working closely with the FDA to expedite the program’s review process,” said Henri Termeer, Genzyme’s chairman and chief executive officer. “Alemtuzumab is a potentially transformative therapy for the treatment of multiple sclerosis, and an important part of our future.”

Alemtuzumab for the treatment of MS is currently being evaluated in two pivotal multi-center, multi-national trials, known as CARE-MS SM (Comparison of Alemtuzumab and Rebif(R) Efficacy in Multiple Sclerosis). The company’s CARE-MS I Phase 3 trial is a randomized study comparing alemtuzumab to the approved therapy Rebif (high-dose interferon beta-1a) in early, relapsing-remitting multiple sclerosis (RRMS) patients who have received no prior therapy. The second Phase 3 trial, CARE-MS II, is comparing alemtuzumab to Rebif in RRMS patients who had active disease while on other MS therapies.

Both trials are fully enrolled and data are expected to be available in 2011.

About Campath(R) (alemtuzumab)

Campath(R) is licensed in the United States as a single agent for the treatment of B-cell chronic lymphocytic leukemia (B-CLL), and outside of the U.S. for the treatment of B-CLL in patients who have been treated with alkylating agents and for whom fludarabine combination therapy is not appropriate. The product was launched in its oncology indication in 2001 in the US, where it is marketed as Campath(R), and in Europe, where it is named MabCampath(R).

Campath for B-CLL has a boxed warning that includes information on cytopenias, infusion reactions, and infections. The most commonly reported adverse reactions in patients with B-CLL were infusion reactions (fever, chills, hypotension, urticaria, nausea, rash, tachycardia, dyspnea), cytopenias (neutropenia, lymphopenia, thrombocytopenia, anemia), and infections (CMV viremia, CMV infection, other infections). Other commonly reported adverse reactions include vomiting, abdominal pain, insomnia and anxiety. The most commonly reported serious adverse reactions are cytopenias, infusion reactions, and immunosuppression/infections.

About Genzyme

One of the world’s leading biotechnology companies, Genzyme is dedicated to making a major positive impact on the lives of people with serious diseases. Since 1981, the company has grown from a small start-up to a diversified enterprise with more than 12,000 employees in locations spanning the globe and 2009 revenues of $4.5 billion. In 2010, Genzyme was named to the Fortune 500.

Express IR (XIR) is an electronic publication, and is for informational purposes only. The stocks profiled by XIR 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. XIR 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:

Ralph Sharp
rsharp@expressir.com

–

More Small Cap Market News

• 6-14-10 Daily Small Cap Market News and Stock Highlights from SmallCapVoice.com – 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…

• 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…

• Investor relations and social media – A view I hear from time to time goes that you can’t use social media – blogs, podcasts, etc – for investor relations purposes. How can you talk informally, conversationally and openly, one notion goes, about subject matter that is …

Dow Surges On International Forecast, Labor Data

Prospects for global economic growth sparked a surge in stocks Thursday, putting the Dow Jones Industrial Average back above 10000 for the first time in a week.

The DJIA traded with a strong gain throughout Thursday’s session, helped by bullish comments from the European Central Bank and strong economic data from the U.S. and China. The average gained momentum as the closing bell ended with a 273-point gain, up 2.8%, at 10173, the biggest one-day rise since May 27.

The euro strengthened against the dollar after the ECB boosted its growth forecast for this year, helping to push up investors’ appetite for small-cap stocks, commodities, and energy stocks. Materials and industrials, heavily exposed to global demand prospects, also gained.

After weeks of volatility in the broader stock market driven primarily by worries about EU debt, some participants said they were adjusting to the constant patter of bleak headlines from the continent.

Traders say they are focused more broadly on global growth, including developments in other major regions that seem to be suffering little ripple effect from Europe’s struggles so far.

Today’s Top Performers on the OTCBB:

Company	Symbol	Last		Chg	%Chg	Open	High	Low	Vol
Zolon Corp.	ZLON	0.45		0.375	500.00%	0.45	0.45	0.45	200
Parks! America Inc.	PRKA	0.028		0.02	250.00%	0.028	0.028	0.028	1000
Ocean Smart Inc.	OCSM	0.20		0.14	233.33%	0.18	0.20	0.18	6.1 k
Security Devices I	SDEV	0.92		0.62	206.67%	0.92	0.92	0.92	100
Trilliant Explorat	TTXP	0.029		0.019	190.00%	0.01	0.03	0.01	925.68 k
Elray Resources Inc.	ELRA	0.06		0.039	185.71%	0.039	0.06	0.039	62.2 k
Marketing Worldwid	MWWC	0.05		0.03	150.00%	0.025	0.077	0.02	47.0 k
PetroAlgae Inc.	PALG	15.00		8.90	145.90%	1500.00	15.00	15.00	100
Eat at Joe’s Ltd.	JOES	0.0192		0.0112	140.00%	0.008	0.0195	0.008	11.25 k
Net Talk.com Inc.	NTLK	0.42		0.24	133.33%	0.43	0.43	0.42	1.11 k

Wednesday’s Newsmakers:

Tootie Pie Kicks Up Its Heels at Toby Keith’s “I Love This Bar & Grill”

Jun. 10, 2010 (Business Wire) — Tootie Pie Company, Inc. (OTCBB:TOOT) announced that Tootie Pie is now carried in Toby Keith’s “I Love This Bar & Grill” at three Oklahoma locations: Bricktown in Oklahoma City, the Hard Rock Hotel in Tulsa and the newly opened WinStar Casino in Thackerville.

“Toby Keith’s is a high profile, growing brand and we are happy to have Tootie Pie’s available at these three locations. Hopefully, we will see our pies in some of their other franchise locations as well,” said Don Merrill, President & CEO.

“The better restaurant operators are responding when we tell them of our success with other high profile accounts, as well as with the results we are seeing in our Gourmet Café’s from Tootie Pie sales. It only makes sense that a group that operates upscale venues like Toby Keith’s, would want to add Tootie Pie to their menu,” added Merrill.

Toby Keith’s “I Love This Bar & Grill”

Leave it to country music legend Toby Keith to create a restaurant that offers great food and the best live music in Oklahoma City. Named after Toby’s hit single “I Love This Bar,” this exciting venue offers a real down-home experience.

Enjoy over 100 pieces of Toby Keith memorabilia including signed guitars, platinum records and clothing Keith wore in videos. Take a seat on one of our “Redneck Loveseats” and get ready to Love This Bar and Grill.

About Tootie Pie Co.

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. Tootie Pie Company is a public company traded on the NASDAQ OTC market under the symbol “TOOT.” For additional information or to receive correspondence from Tootie Pie Company, please visit www.tootiepieco.com.

Express IR (XIR) is an electronic publication, and is for informational purposes only. The stocks profiled by XIR 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. XIR 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:

Ralph Sharp
rsharp@expressir.com

–

More Small Cap Market News

• 6-10-10 Daily Small Cap Market News and Stock Highlights from SmallCapVoice.com – Stocks are sharply higher on Thursday, boosted by confirmation of strong China export data and a climb in the euro, while jobless claims data offered no surprises….

• 3 Small Cap Market Movers (NASDAQ: VIRL, SYPR) (AMEX:BVX) « World … – 3 Small Cap Market Movers (NASDAQ: VIRL, SYPR) (AMEX:BVX). June 10, 2010 World Market Media Leave a comment Go to comments. Every day is an exciting day in the small cap world, with stocks rising and falling on a daily basis. …

Stocks lower at the close

Once again closing below the psychologically important 10,000 benchmark, the Dow Jones Industrial Average lost 5 points to finish Wednesday’s session at 9936. The measure spent much of Wednesday’s session above the 10,000 level but quickly fell through it as Chancellor Angela Merkel of Germany defended Germany’s EUR80 billion austerity package for the next four years, saying Wednesday that the time to withdraw stimulus has come and lessons from the debt crisis must be learned. Merkel’s comments, that the bailout package only buys time for the eurozone, added concerns to already weary traders. Germany is considered the strongest economy in Europe, and is concerned that they are carry much of the economic burden in the for the trouble eurozone.

The Nasdaq Composite dropped 2 points, or 0.1%, to 2168, and the Standard & Poor’s 500 index slipped 4 points, or 0.4%, to 1059. The energy and financial sectors led the declines.

On the economic front, the Federal Reserve’s “beige book,” a reading on activity in the nation’s 12 economic districts, showed that economic activity continued to improve in May, though many districts reported only modest growth. A report from the Department of Commerce showed that wholesale inventories rose 0.4% in April, below analysts’ expectations of a 0.5% increase. Fed Chairman Bernanke will speak again late Wednesday in Richmond, Va., at a forum on the job market.

Today’s Top Performers on the OTCBB:

Company	Symbol	Last		Chg	%Chg	Open	High	Low	Vol
Infrared Systems I	IFRS	0.27		0.23	575.00%	0.08	0.45	0.08	45.11 k
GlobeTrac Inc.	GBTR	0.0039		0.0028	254.55%	0.004	0.004	0.0039	40.75 k
ReoStar Energy Cor	REOS	0.20		0.13	185.71%	0.20	0.20	0.20	100
Capital Resource A	CRRA	0.006		0.0038	172.73%	0.006	0.006	0.006	1000
Steele Recording C	SELR	0.505		0.30	146.34%	0.505	0.505	0.505	2.5 k
XZERES Wind Corp.	XWND	1.20		0.70	140.00%	1.20	1.20	1.20	204
Trey Resources Inc.	TYRIA	0.0002		0.0001	100.00%	0.0001	0.0002	0.0001	2.0 m
TBC Global News Ne	TGLN	0.0002		0.0001	100.00%	0.0001	0.0002	0.0001	7.02 m
Surge Global Energ	SRGG	0.10		0.05	100.00%	0.075	0.10	0.075	60.26 k
Capital Beverage C	CBEV	0.06		0.03	100.00%	0.06	0.06	0.06	115

Wednesday’s Newsmakers:

Rovi Receives $124 Million IRS Refund for Tax Loss Carrybacks

Jun. 9, 2010 (GlobeNewswire)

SANTA CLARA, Calif., June 9, 2010 (GLOBE NEWSWIRE) — Rovi Corporation (Nasdaq:ROVI) today announced that it has received $124 million in cash from the U.S. Internal Revenue Service for carryback claims, utilizing part of the previously announced $2.4 billion tax loss that resulted from the sale of TV Guide Magazine. Additionally, the Company received $36 million in cash from the release of escrow funds related to the sale of TV Guide Network. These increased cash balances will be partially offset by repurchases of the Company’s outstanding 2.625% convertible senior notes due 2011 and the Company’s common stock, with such repurchases expected to total up to approximately $75 million in the second quarter of 2010.

Read More…

Caleco Pharma Announces Lead Products for the $4 Billion Hepatitis C Marketplace

LONG VALLEY, NEW JERSEY — (Marketwire) — 06/09/10 — (OTCBB: CAEH)(FRANKFURT: T3R)(WKN: A0N9Y0) (www.calecopharmacorp.com) Caleco Pharma Corp. (the “Company” or “Caleco”), is a company engaged in the development of biopharmaceutical and consumer health products. The Company, which identifies and develops products derived from natural sources including plant extracts, functional oils and probiotics, is pleased to provide an update on the development of its products that target the global Hepatitis “C” prescription market – an estimated $4 Billion market – and the liver health maintenance market via a nutritional supplement formulation. Over 200 million persons are infected with chronic hepatitis C and less than 5% are treated with prescription medications today.

Read More…

Express IR (XIR) is an electronic publication, and is for informational purposes only. The stocks profiled by XIR 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. XIR 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:

Ralph Sharp
rsharp@expressir.com

–

More Small Cap Market News

• 6-9-10 Daily Small Cap Market News and Stock Highlights from SmallCapVoice.com – Hopeful signs that debt in Europe won’t derail a global economic recovery sent stocks higher Wednesday…

• Small-Cap Dynamics: Insights, Analysis, and Models | Best Stock – With the twenty-first century upon us, professional investors face the challenge of maneuvering in what many experts consider to be an overdriven market…

• Whether it is the OTCBB Listings, ALTX, AIM, TSX (TMX), Plus … – With the growing scepticism of the capital markets with the transparency, compliance, and over zealous financial product market that went bust in the US and therefore globally in 2008, investors are weary.