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7-14-10 The Small Cap Market Update from Express IR

July 14th, 2010 | Author:

You heard it here first. The next industry to be bailed out by the federal government will be the personal computer industry. The continued success of Apple (AAPL) and it’s ever increasing line of state of the art solutions to media, personal computing, and cell phones is creating a real threat to the existence of the old and new PC manufacturers.

While it’s no secret that Apples’ iPad had a wildly successful debut selling more than 3 million units in the first three months, what is even more astonishing is the success of the 4G iPhone. The 4G wasn’t a new product or even dramatically different from an existing product. Yet people lined up last month to be the earliest of early adopters of the new smart phone.

As is frequent with new tech rollouts there’s a minor glitch in the product. The extremely versatile smart phone is really smart, but not a very good phone. There are massive reception issues as callers are dropping calls at alarming rates. Something about an antenna design issue. There is a simple fix however. Good old duct tape over the antenna gap fixes the problem. So what’s the impact on iPhone sales? They are still flying off the shelf.

How in the world can Hewlett-Packard (HPQ) Dell (DELL) and Acer (ACEIF) compete with traditional laptops and the slim down netbooks? Give Apple all the credit for appealing to the next generation with the iPod, then the iPhone, and now the iPad. Apples products are the gold standard. As the ubiquity of these flashy tech products extend to increasingly older generations, the only way the PC manufacturers will compete is to do something dramatic.

For now, they can rest comfortably knowing the federal government is standing by ready to bail out another industry or company to big to fail.

Today’s Markets

Stocks scrapped out a small gain after U.S. Federal Reserve members downgraded their growth outlook for the economy and raised the prospect of deflation and further stimulus measures. The Dow Jones Industrial Average fought to a 3.70-point gain by the close, extending its winning streak to seven days. The central bank’s decision to temper its’ economic outlook was its first in more than a year, and comes after further evidence that consumers aren’t spending money.

Encouraged by corporate earnings, the Dow is up 7% during the streak. Wednesday’s close was 10366.72, up 0.04%. Stocks had been trading in a narrow range Wednesday, losing earlier gains just ahead of the minutes’ release. Stock indexes were weighed down by financial stocks ahead of bank earnings reports, while a strong second-quarter report from Intel helped technology stocks, limiting the downside momentum.

Intel gained 1.7% after the computer chip-maker reported its best quarter on record and forecast strong third-quarter revenues. The results boosted other technology companies, as Cisco Systems climbed 2.5% and Hewlett-Packard rose 1.1%.

The Nasdaq Composite rose 0.35%, while the Standard & Poor’s 500 index fell 0.17% to 1095.17. The dollar weakened against both the euro and the yen. The U.S. Dollar Index, which tracks the U.S. currency against a basket of others, eased 0.3%.

Today’s Top Performers on the OTCBB

Company Symbol Last Chg %Chg Open High Low Vol
IFLI Acquisition C IFLID 1.56 1.40 875.00% 2.95 2.95 1.56 272
Capital Reserve Ca CRSVE 0.004 0.003 300.00% 0.004 0.004 0.004 10 k
Vantone Internatio VNTI 0.303 0.213 236.67% 0.089 0.3628 0.088 81.39 k
Westmont Resources WMNS 0.5399 0.3439 175.46% 0.20 0.58 0.20 13.1 k
Mammatech Corp. MAMM 0.045 0.025 125.00% 0.04 0.045 0.04 10 k
Time Associates In TIAS 0.10 0.05 100.00% 0.07 0.10 0.07 20 k
MotivNation Inc. MOVT 0.0002 0.0001 100.00% 0.001 0.0002 0.0001 2.29  m
Epazz Inc. EPAZ 0.008 0.004 100.00% 0.008 0.008 0.008 10 k
Liberty Energy Cor LBYE 0.50 0.235 88.68% 0.55 0.55 0.50 6 k
Nevada Gold Holdin NGHI 0.037 0.0165 80.49% 0.028 0.037 0.025 72.26 k

Wednesday’s Newsmakers:

EGPI Firecreek, Inc. Announces South Atlantic Traffic Corp. Has Initiated Million Dollar Purchase Order

EGPI Subsidiary to Supply South Florida’s Largest Municipality

SCOTTSDALE, AZ — (Marketwire) — 07/14/10 — EGPI Firecreek, Inc. (OTCBB: EFIR) is pleased to announce that its wholly owned subsidiary, South Atlantic Traffic Corp. (“SATCO”), has initiated the fulfillment of a million dollar purchase order with South Florida’s largest municipality.

Under the terms of the contract, SATCO will be supplying various traffic lighting materials to be used by the municipality in order to fulfill a number of municipal and DOT projects. Over the years, SATCO has enjoyed an excellent relationship with several municipalities throughout the state of Florida and this latest purchase order represents a continuing momentum of ongoing works in progress.

Dennis Alexander, EGPI’s President, stated, “This latest purchase order from our Traffic and Lighting division represents the diversification in revenue streams we initiated last year with the development of our multi-faceted operations. To date, we have successfully initiated revenue streams from both our Oil & Gas and Traffic Lighting divisions.” He also stated, “Although a lot of work still lies ahead of us, we are extremely pleased with our progress and are confident that as each month progresses, our growth will be reflective in our quarterly results.”

About EGPI Firecreek, Inc.

EGPI Firecreek, Inc.’s business and acquisition strategy is focused on both the vertical integration of enterprises serving the DOT Construction and Intelligent Traffic System markets alongside its wholly owned subsidiary M3, Lighting, Inc. (M3), and on oil and gas production with an emphasis on acquiring existing fields with proven reserves, the rehabilitation of potentially high throughput oilfields, resource properties and inventories, through its wholly owned subsidiary Energy Producers, Inc. EGPI Firecreek, Inc. is also looking to expand into Alternative energy sources as well as industries in the energy field. Other companies in the oil sector include Exxon Mobil, Pantina Oil and Gas Inc., Frontier Oil Inc. and Cabot Oil & Gas Inc.

Safe Harbor

This release contains statements that constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements appear in a number of places in this release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of EGPI Firecreek, Inc., its directors or its officers with respect to, among other things: (i) financing plans; (ii) trends affecting its financial condition or results of operations; (iii) growth strategy and operating strategy. The words “may,” “would,” “will,” “expect,” “estimate,” “can,” “believe,” “potential” and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond EPGI Firecreek Inc.’s ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors. More information about the potential factors that could affect the business and financial results is and will be included in EGPI Firecreek, Inc.’s filings with the Securities and Exchange Commission.

FOR MORE INFORMATION ON EGPI/FIRECREEK, INC.

Contact:

EGPI Firecreek, Inc.

Public Relations and Shareholder Information

Joe Vazquez

(754) 204-4549

(754) 204-4549

Email: infinityglobalconsulting@gmail.com

Source:

Marketwire (July 14, 2010 – 3:00 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 About Small Cap Stocks

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7-13-10 The Small Cap Market Update from Express IR

July 13th, 2010 | Author:

Following the end of the 1972 baseball season, George Steinbrenner purchased the New York Yankees from CBS for $10,000,000. Today the Yankees and the related businesses they own, including the very successful YES (Yankee Entertainment and Sports) Network are worth somewhere from $3,000,000,000 to $5,000,000,000.

He didn’t tolerate losing. In his first press conference January 19, 1973 he boldly stated he would win a championship in 3 years. He did. He was a big personality and he surrounded himself with big personalities in the biggest city in the world. He quickly became one of the most controversial figures in the history of sports.

New York Yankee’s fans (short for fanatics) had a love-hate relationship with him. But it was far more love than hate. Opposing fans mostly hated him, but wished the owners of their teams were half as committed to winning.  Either way, corporate America, and for certain our political leadership can learn a lot about how to run a business and a country from Mr. Steinbrenner.

Mr. Steinbrenner set the highest standards. He set the tone for the franchise from day one. Any season that ended without a World Championship was a failure. For most other sports franchises, having a winning record, or making the playoffs or World Series was a tremendous achievement. Steinbrenner on the other hand used phrases like “second place is just the first loser.” That standard hasn’t changed to this day. His employees were not allowed to wear beards or long hair, and business suits or sports coats were expected when not in uniform.

George Steinbrenner once said owning the Yankees is like owning the Mona Lisa. He was passionate about his family, and his business. He poured his heart and soul into each and every endeavor. Whether he was coaching college football (an assistant at Ohio State under legendary Woody Hayes), running a marine transit business, or as owner of the Yankees, he was always passionate about what he was doing.

Mr. Steinbrenner invested heavily in his business. He was accused of buying championships. The way he saw it, if you invest in the best resources, human or otherwise, you maximize your chance of success. That sounds pretty logical to me. He remodeled Yankee Stadium shortly after buying the team, and built a world class training facility in Tampa, Florida. His last project was the majestic new stadium that opened in 2009.

Most important to him was loyalty. That sounds a little odd coming from a man who fired manager Billy Martin five times. What is little know is that when Martin wasn’t employed by other franchises, Steinbrenner created other ‘responsibilities’ for him and many other deposed managers and kept them on the payroll. Carl ‘Stump’ Merrill, a former major league and minor league manager and employee of the Yankees for more than 30 years stated there is not a more loyal leader in all of professional sports.

Mr. Steinbrenner had very high standards, passion, invested in the best resources, and was loyal. Those are three sounds principles to build a business or country on. There is nothing controversial about that.

Today’s Markets

Investors continue to extend last weeks’ rally in U.S. stocks, as encouraging earnings reports sent the Dow Jones Industrial Average climbing for a sixth straight session. Better-than-expected earnings from large cap stalwarts’ Alcoa and railroad operator CSX lifted expectations for corporate strength in the second quarter and boosted materials and industrial stocks.

The Dow Jones Industrial Average is up 128 points, or 1.3%, to 10344 in recent trading, with all of its 30 components in the black. The Nasdaq Composite climbed 1% to 2219. The Standard & Poor’s 500-share index rose 1.2% to 1092, with all of its sectors rising. Industrial and financial sectors lead the gains.

Money center banks are moving higher after lawmakers said they had secured enough support to vote on the financial-overhaul bill potentially later this week in the U.S. Senate. Once passed, regulators will nail down key details, clarifying issues that banks would like to see resolved. J.P. Morgan Chase rose 2.4%, while Bank of America gained 2.3% and American Express rose 1.8%.

Though investors remain bullish short-term, there are several economic worries continue to hang over the market. The U.S. Commerce Department reported that the trade deficit unexpectedly widened in May to its highest level of the year. Additionally, another eurozone nation has cropped up as Moody’s Investors Service cut Portugal’s sovereign-debt rating by two notches on concerns it might need new austerity measures next year. Still, the euro rose to $1.2660, up from $1.2593 late on Monday in New York.

Today’s Top Performers on the OTCBB

Company Symbol Last Chg %Chg Open High Low Vol
Milwaukee Iron Are MWKI 0.0798 0.0648 432.00% 0.01 0.0798 0.0078 29.2 k
Rosewind Corp. RSWN 0.25 0.15 150.00% 0.25 0.25 0.25 500
DPAC Technologies DPAC 0.011 0.006 120.00% 0.011 0.011 0.011 15 k
TBC Global News Ne TGLN 0.0002 0.0001 100.00% 0.0001 0.0002 0.0001 1 m
Darwin Resources I DRWN 0.018 0.009 100.00% 0.012 0.018 0.012 68 k
Carbonics Capital CICS 0.0002 0.0001 100.00% 0.0002 0.0002 0.0002 5 m
US Highland Inc. UHLN 1.29 0.54 72.00% 0.77 1.29 0.77 1.48 k
National Holdings NHLD 0.50 0.20 66.67% 0.37 0.50 0.37 500
AISYSTEMS Inc. ASYI 0.34 0.13 61.90% 0.34 0.34 0.14 7 k
MacroSolve Inc. MCVE 0.045 0.015 50.00% 0.045 0.045 0.045 1.5 k

Tuesday’s Newsmakers:

Medical Alarm Concepts™ Announces Roll-Out of the MediPendant™ at Albertsons
Jul. 13, 2010 (PR Newswire)

PLYMOUTH MEETING, Pa., July 13 /PRNewswire-FirstCall/ — Medical Alarm Concepts Holding, Inc. (OTC Bulletin Board: MDHI), manufacturer of the MediPendant™, the first fully-monitored medical alarm system that allows you to speak and listen directly through the pendant, announced today that the Company has commenced roll-out of its MediPendant™ at Albertsons grocery stores.

Under the terms of the distribution agreement signed in March of this year, the Company’s MediPendant™ alarm device will be offered by Albertsons in various locations throughout its grocery chain stores, including, but not limited to, the pharmacy section.  The particular offering of the Company’s MediPendant™ program to customers of Albertsons, will also include one free month of monitoring services, and an associated “lock box” device that enables the EMT-certified operator to provide the access code to the ambulance personnel prior to arriving at the home.  A lock box enables the ambulance personnel to avoid having to break into the home or waste valuable time finding a source of entry.

“We are very pleased to be able to announce that Albertsons will now be offering our next generation personal emergency response system throughout their stores.  Albertsons currently has over 250 pharmacy based stores and we believe our presence there will add tremendous value to our operations,” said Howard Teicher, CEO of Medical Alarm Concepts Holding. “We expect this partnership will open up for additional distribution agreements with leading retail chains.  Our technology of being able to have a two-way call through the pendant with a range of 600 feet, versus being dependent on the competition’s base-unit inside, is receiving a lot of interest.  We are excited about the potential of the MediPendant™,” continued Mr. Teicher.

About Medical Alarm Concepts

Medical Alarm Concepts Holdings, Inc. (“MAC”) develops and manufactures innovative products and practical solutions within the framework of a vast growing marketplace. We have built our reputation in the personal emergency response system (“PERS”) and medical alert industry. With patented technology and state-of-the-art services, MAC is uniquely positioned to mobilize the right people, skills and alliances to ensure success and client satisfaction. Our design and support philosophy emphasizes industry best practices, while providing polished and savvy solutions. MAC’s latest innovation is the development of its two-way voice speakerphone pendant technology. For more information, please visit our website at http://www.medicalalarmconcepts.com.

Safe Harbor Statement

Statements in this press release that are not statements of historical or current fact constitute “forward-looking statements.” Such forward-looking statements involve known and unknown risks, uncertainties and other unknown factors that could cause the Company’s actual operating results to be materially different from any historical results or from any future results expressed or implied by such forward-looking statements. In addition to statements that explicitly describe these risks and uncertainties, readers are urged to consider statements that contain terms such as “believes,” “belief,” “expects,” “expect,” “intends,” “intend,” “anticipate,” “anticipates,” “plans,” “plan,” to be uncertain and forward-looking. The forward-looking statements contained herein are also subject generally to other risks and uncertainties that are described from time to time in the Company’s filings with Securities and Exchange Commission.

SOURCE Medical Alarm Concepts Holding, Inc.
Source: PR Newswire (July 13, 2010 – 10:00 AM 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 About Small Cap Stocks

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7-12-10 The Small Cap Market Update from Express IR

July 12th, 2010 | Author:

“And this is the best that you, that the-the government, the U.S. government can come up with? I mean, you-you’re NASA for cryin’ out loud, you put a man on the moon, you’re geniuses! You-you’re the guys that think this #@!* up! I’m sure you got a team of men sitting around somewhere right now just thinking #@!* up and somebody backing them up! You’re telling me you don’t have a backup plan, that these eight boy scouts right here, that is the world’s hope, that’s what you’re telling me?” Bruce Willis as Harry Stamper, Armageddon (1998).

I felt like Harry today when I read Fed Chairman Ben Bernanke’s comments to a conference today to discuss how to increase lending to small businesses. Lending has dropped from more than $710 billion in the second quarter of 2008, a period when the country was embroiled in a financial crisis, to less than $670 billion in the first quarter of this year. Here are a few highlights:

“Making credit accessible to sound small businesses is crucial to our economic recovery.”

“They (small businesses) employ roughly half of all Americans and account for about 60 percent of gross job creation.”

“Newer small businesses, those less than two years old, are especially important. Over the past 20 years, these start-up enterprises accounted for roughly one-quarter of gross job creation, even though they employed less than 10 percent of the workforce.”

These comments are a textbook example of a BGO: a brilliant glimpse of the obvious.

Challenges sited are declining value of real estate and other assets used to collateralize loans. Many small businesses have resort to borrowing through their personal credit cards or from their retirement accounts because they couldn’t get bank loans. This of course leads to an entire new set of problems.

Bernanke went on to say “each company often faces a unique combination of local economic conditions and complex relationships with customers, suppliers and creditors, the Fed, in developing any new policy options, should be “wary of one-size-fits all solutions.” How about any solution at all?

The economy has been going south for several years. You would like to think there are teams of economic advisors sitting running scenarios and responses to each scenario. You would hope that the Fed has a team of men sitting around somewhere right now just thinking this ‘stuff’ up and somebody backing them up.

Surely, they saw this Texas size meteor coming right at us? Hard to believe they don’t have an action plan ready to go this late in the game. Does anyone have Harry Stampers phone number?

Today’s Markets

U.S. stocks are moving sideways in midday trading as issues from Chinese imports to anticipation on upcoming earnings reports keep traders from aggressive trading. The Dow Jones Industrial Average was recently down 3 points to 10195, paring most of its earlier losses. Investors noted that Monday’s modest losses were most likely a natural decline following last week’s blockbuster gains. The lackluster trading comes on the heels of last weeks’ 5.3% increase, its biggest weekly gain in nearly a year.

Industrial components weakened after Chinese imports slipped to a yearly growth rate of 34.1% in June, from 48.3% in May, although China’s June exports grew 43.9% from the year-earlier month, beating estimates. Hurt by the prospect of lower demand from China, United Technologies slid 1.4%, Caterpillar fell 0.9% and DuPont shed 1%.

The Nasdaq Composite edged down 0.1% to 2194. The Standard & Poor’s 500-share index slipped 0.2% to 1076, weighed by material and industrial stocks, while technology stocks gained.

Today’s Top Performers on the OTCBB

Company Symbol Last Chg %Chg Open High Low Vol
Monkey Rock Group MKRO 1.99 1.44 261.82% 0.55 1.99 0.55 1.24 k
Mendocino Brewing MENB 0.33 0.21 175.00% 0.33 0.45 0.33 700
Salamon Group Inc. SLMU 0.0205 0.013 173.33% 0.009 0.0225 0.009 221.55 k
Bekem Metals Inc. BKMM 0.009 0.005 125.00% 0.0042 0.009 0.0042 26 k
Attitude Drinks In ATTDD 0.095 0.049 106.52% 0.02 0.098 0.02 27.62 k
Steele Recording C SELR 0.43 0.22 104.76% 0.43 0.50 0.4299 6.4 k
MotivNation Inc. MOVT 0.0002 0.0001 100.00% 0.0002 0.0002 0.0002 1 m
SentiSearch Inc. SSRC 0.14 0.06 75.00% 0.14 0.14 0.14 500
Smoky Market Foods SMKY 0.01 0.004 66.67% 0.008 0.01 0.008 20 k
CardioGenics Holdi CGNHD 0.33 0.13 65.00% 0.25 0.49 0.25 114.06 k

Monday’s Newsmakers:

Bullion Monarch’s Subsidiary EnShale Energy Files for International Patent Protection in Five Countries

ST. GEORGE, UT — (Marketwire) — 07/12/10 — EnShale Energy, a subsidiary of publicly held Bullion Monarch Mining (OTCBB: BULM), has completed the international patent application process to protect its proprietary method of producing oil from an abundant, high kerogen content rock known as oil shale. EnShale filed patents in Canada, Australia, China, Brazil, and Estonia which are all countries known to have large deposits oil shale. EnShale Energy has previously secured its technology with patents pending in the United States which has the largest known deposits of oil shale worldwide.

Bullion Monarch Mining has funded operations, R&D, and a pilot plant designed to prove EnShale’s technology. This pilot plant, in its first run, has provided positive confirmation of the ability to produce a quality petroleum product. Laboratory analysis of this product by gas chromatography determined that most of the liquids were eluted as molecules with C5 to C42 with over 50.34% by C40. The spent shale product that was sampled and analyzed by Horizon Laboratories in Price, Utah showed over 89% of the contained Btu/lb. was successfully converted to oil product.

The next technological milestone for the EnShale pilot plant will be to achieve a sustained processing run as opposed to the less efficient batch processing. An important aspect of EnShale’s method of producing oil at a target price under $30 per barrel is continuous operation of the processing plant.

“We are excited about the progress being made with the pilot plant and the groundswell of recent support the oil shale industry is experiencing,” stated CEO James Morris. He continued, “From government officials looking for new economic opportunities in alternative energy, to citizens concerned about the environmental and sociopolitical dangers of traditional oil production methods, to an oil shale company being embraced by Wall Street and ringing the opening bell recently, the winds of change seem to be blowing in our direction.”

About EnShale Energy

EnShale was formed in 2005 to address an emerging alternative energy opportunity. The company, with its solution to exploit an unconventional and virtually untapped domestic energy source, is uniquely positioned to become a world leader in alternative energy. EnShale has employed various research, design and engineering companies in the development of its proprietary technology. A comprehensive modeling of the proprietary process was completed by the U.S. Department of Energy (Idaho National Lab) which established the validity of the design. EnShale Energy has also secured 4,650 acres of State of Utah School Trust Land leases that have been estimated to contain a 667 million barrel oil resource. The company funded the design, construction, and operation of a demonstration processing facility through its publicly traded parent company Bullion Monarch Mining (OTCBB: BULM).

“Safe Harbor” Statement under Private Securities Litigation Reform Act of 1995.
Certain statements contained in this report constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Information contained in this report contains “forward-looking statements” which can be identified by the use of forward-looking terminology such as “believe,” “expect,” “may,” “should,” “up to,” “approximately,” “seem,” “likely,” or “anticipates” or the negative thereof or given that the future results covered by such forward looking statements will be achieved. Such forward-looking statements involve a number of known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performances or achievements expressed or implied by such forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only for the date the statements was made. Investors should carefully consider the preceding information as well as information contained in the report before making any investment in the shares of the company. Bullion Monarch Mining, Inc. or its subsidiary EnShale Inc. undertakes no obligation to update any forward-looking statements contained in this report. This press release is for informational purposes only and is not and should not be construed as an offer to solicit, buy or sell any security.

Image Available: http://www2.marketwire.com/mw/frame_mw?attachid=1304657

Investor Contact Information
Rob Morris
robmorris@bullionmm.com
(801) 426-8111              
(801) 426-8111

Media Contact Information
AJ Sterling Consulting
info@bullionmm.com
(435) 669-3855              
(435) 669-3855

Source: Marketwire (July 12, 2010 – 12:57 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

–

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7-9-10 The Small Cap Market Update from Express IR

July 9th, 2010 | Author:

This morning I paid some bills, made a vacation reservation, and read headlines from four newspapers in an hour from the comfort of my kitchen table. Isn’t the internet great? Don’t ask that question to any of the major American newspapers. Don’t look now but there are a slew of business models that won’t survive unless they radically change the way they do business, if they survive at all.

The only profitable newspaper in America is the Wall Street Journal. It isn’t only the accessibility of news online that are killing newspapers, but dramatic reductions of classified advertising revenue. When’s the last time you scoured the classifieds’ to look for concert tickets? Craigslist and similar services are eliminating a massive revenue source and it’s never coming back.

Expedia and Priceline are making the bricks and mortar travel agency as common as a straight talking politician. Netflix and video on demand services are pushing Blockbuster closer and closer to extinction.  The list goes on and on.

Apparently there are some companies that are too big to fail. But in the interest of a consumer driven market and for the good of competition, I hope that doesn’t become the case with a real process improvement. The internet provides the consumer with services on demand, just in time inventory, lean manufacturing, and maximum efficiency.

I haven’t read a physical newspaper in a long time but I haven’t missed a beat. Between the online news, my smart phone, and all the 24 hour television news services, who needs a hardcopy paper anyway? In the late 1800’s and early 1900’s one of the most profitable companies was the American Buggy Whip Company. It’s time to turn the page, so to speak.

Today’s Markets

Stocks are slightly up in afternoon trading on weak volume as the markets are attempting to extend this week’s winning streak ahead of the second-quarter reporting season. In a slow pre-weekend session, investors turned their focus to the second-quarter reporting season, which kicks off Monday.

U.S. financial markets are up across the board this week thanks in part to investors’ hopes that the market’s recent drop to 2010 lows may have exaggerated expected effects on corporate earnings from the slumping euro and slower global growth.

The Nasdaq Composite rose 0.3% to 2182, bolstered by a 1.6% jump in Google. The company said the Chinese government renewed a license it needed to continue using its Chinese Web address, marking a compromise between the company and Chinese regulators since Google decided to stop cooperating with censorship requirements.

Today’s Top Performers on the OTCBB

Company Symbol Last Chg %Chg Open High Low Vol
Ensign Services In ESVC 0.15 0.108 257.14% 0.07 0.15 0.07 46 k
A & J Venture Capi AJVE 0.0096 0.0064 200.00% 0.0096 0.0096 0.0096 100
Iconic Brands Inc. ICNB 0.06 0.038 172.73% 0.03 0.066 0.03 249.23 k
Royal Invest Inter RIIC 0.06 0.03 100.00% 0.06 0.06 0.06 540
Consolidation Serv CNSV 0.40 0.199 99.00% 0.40 0.40 0.40 500
Liberty Star Urani LBSRE 0.02 0.01 100.00% 0.0102 0.02 0.01 23.94 m
Federal Home Loan FMCKK 0.70 0.03 75.00% 0.53 0.82 0.53 1.5 k
Cannabis Medical S CMSI 0.0294 0.0126 75.00% 0.018 0.0294 0.018 398.1 k
AISYSTEMS Inc. ASYI 0.35 0.15 75.00% 0.20 0.35 0.20 1.2 k
FEC Resources Inc. FECOF 0.01 0.0038 61.26% 0.01 0.01 0.01 5 k

Friday’s Newsmakers:

Owlstone Receives Award for Innovative and Unique IMS Microchip

MONTEBELLO, NY — (Marketwire) — 07/09/10 — Advance Nanotech, Inc. (OTCBB: AVNA) is pleased to learn that Owlstone Nanotech, Inc. (“Owlstone”), in partnership with Pacific Northwest National Laboratory (“PNNL”), has been selected to receive an award from the R&D100 Magazine. The following email was sent to Owlstone shareholders today to provide further elaboration and perspective on this prestigious award.

The Awards, sponsored by R&D Magazine, are widely recognized as the ‘Oscars of Innovation,’ and identify and celebrate the most innovative technological breakthroughs of the year. Based on collaborative research involving Owlstone’s innovative microchip based Ion Mobility Spectrometer, the R&D100 Award acknowledges the potential of the technology to provide unprecedented analysis speed and sensitivity as a stand-alone sensor and to be seamlessly integrated into other analytical stages to enable more accurate measurements.

The technique, often referred to as Field Asymmetric waveform Ion Mobility Spectrometry (FAIMS), relies on the manipulation of electrically charged molecules, or ions, by an applied electric field. The separation of these ions as they traverse the electric field is critical to the chemical detection process.

In previous FAIMS systems, the distance ions travelled ranged from as little as 15 to 55 millimetres although this took too long for the desired performance. “We needed to shorten the racetrack,” said PNNL chemist Alex Shvartsburg. But a shorter racetrack requires more intense electric fields to separate the pack of ions. So the team developed a FAIMS microchip with 0.3 millimetre-long channels that were only 35 micrometers wide. The short, narrow channels allow ion separation 100 to 10,000 times faster than previous instruments.

Bret Bader, CEO of Owlstone Nanotech, commented, “It has been a great privilege for us to work with PNNL during this further exciting development of our FAIMS technology. We are thrilled to have been chosen for this Award and look forward to continuing our research activities with PNNL.”

About Advance Nanotech, Inc. and Owlstone Nanotech, Inc.

Advance Nanotech, Inc. owns a minority position in Owlstone Nanotech, Inc. (“Owlstone”). Owlstone is a pioneer in the commercialization of chemical detection products. The Owlstone detector is a revolutionary dime-sized sensor that can be programmed to detect a wide range of chemical agents that may be present in extremely small quantities. Using leading-edge micro- and nano-fabrication techniques, Owlstone has created a complete chemical detection sensor that is significantly smaller and can be produced more cost effectively than products using existing technology. There are numerous applications — across industries from security and defense to industrial process, air quality control and healthcare — that depend on the rapid, accurate detection and measurement of chemical compounds. Owlstone works with market leaders within these industries to integrate the detector into next generation chemical sensing products and solutions. Owlstone’s technology offers a unique combination of benefits, including small size, low manufacturing costs, minimal power consumption, reduced false-positives, and a customizable platform. For more information about Advance Nanotech, Inc. please visit www.advancenanotech.com. For more information about Owlstone, please visit www.owlstonenanotech.com. Follow Advance Nanotech on Twitter: www.twitter.com/AVNA_IR.

The information contained in this news release, other than historical information, consists of forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Exchange Act of 1934. These statements may involve risks and uncertainties that could cause actual results to differ materially from those described in such statements. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. Important factors, including general economic conditions, spending levels, market acceptance of product lines, the recent economic slowdown affecting technology companies, the future success of scientific studies, ability to successfully develop products, rapid technological change, changes in demand for future products, legislative, regulatory and competitive developments, the Company’s ability to secure additional working capital and/or generate sufficient cash flow to support its operations, and other factors could cause actual results to differ materially from the Company’s expectations. Advance Nanotech’s Annual Report on Form 10-K, recent and forthcoming Quarterly Reports on Form 10-Q, recent Current Reports and other SEC filings discuss some of the important risk factors that may affect Advance Nanotech’s business, results of operations and financial condition. The Company undertakes no obligation to revise or update publicly any forward-looking statements for any reason.

For more information, contact:

Investor Relations
(212) 583-0080              
(212) 583-0080      
ir@advancenanotech.com

Source:
Marketwire (July 9, 2010 – 1:06 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.

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7-8-10 The Small Cap Market Update from Express IR

July 8th, 2010 | Author:

There has been a storm brewing for several weeks in the world of big business and high finance, and it appears to be coming to a head today. It was highlighted this morning on CNBC’s early broadcast. Mere rumors related to the story caused one stock to move up more than 6%, twice as much as yesterdays’ rally in the S&P 500. One morning talk show devoted three hours to discussing issues around the topic. Was it, today’s Jobless Claims report? The 10 year Treasury note trading at or below a 3% yield? The Euro bank stress test? Nope. The world is standing still waiting to find out where LeBron James will play basketball next year.

While the sports and mainstream media have covered the story to ad nauseam the business implications are pretty significant and fun to consider from a systems theory perspective. As mentioned previously, just yesterday shares of Madison Square Garden (MSG:Nasdaq), owners of the New York Knicks, rose 6.41% or $1.30. The speculation began when it was announced that James’ Thursday prime time news conference would take place in Greenwich, Connecticut, just up the road from the city.  The front-runners for his services appear to be Miami, Chicago, New York, New Jersey, and his current team and hometown, Cleveland.

Make no mistake, if he chooses to jump ship and join a new team, the wheels of commerce will turn a little quicker from Beaverton, Oregon to the Far East. Like most superstar athletes, James has a lucrative deal with Nike (NKE:NYSE), which will issue a new ‘King James’ shoe regardless of where he plays next year. Look for the ‘South Beach Slam-A-Jamma’ high top if he chooses Miami or the ‘Second Coming’ Velcro style if he ends up in Chicago. Of course the ‘There’s no place like home’ old school Chuck Taylor’s are a possibility as well. Who knows where he’ll land, but the one thing you can count on is Nike capitalizing on the opportunity.

A new team also equals millions of jerseys designed, manufactured, and sold from giant retailers to kiosks in every mall across America. Hats, bumper stickers, trading cards, license plate frames, posters, and of course those life size Fathead wall displays.

If James stays in Cleveland it will be a win for loyalty and for a town that desperately needs hero’s, sports or otherwise. If he leaves it will mean new opportunities and jobs. Make no mistake about it, this is big business.

Today’s Markets

U.S. stocks are higher in early trading for the third straight day, on jobless claims and retail news. The Standard & Poor’s 500 index rose 4 points to 1,064, while the Nasdaq composite index rose 8 points to 2,167.

The Labor Department said initial claims for jobless benefits declined by 21,000 to 454,000 in the week ended July 3. Economists had expected claims would fall by 12,000. That last time claims dropped by so much was in mid-April. June chain-store sales were mixed but not weak enough to scare off investors, with half the stores that have reported beating Street estimates and the other half missing.

The European Central Bank announced it would hold interest rates steady. The Bank of England also left key rates unchanged at its monthly meeting. The euro, which was boosted Wednesday after the ECB released details about planned stress tests for 91 European banks, was recently trading at $1.2673, up from $1.2642 late Wednesday in New York.

Demand for Treasuries was mixed, with the two-year note flat and the 10-year note down to push yield up to 3.01%. Crude-oil futures rose to nearly $75 a barrel, while gold futures declined.

Today’s Top Performers on the OTCBB

Company Symbol Last Chg %Chg Open High Low Vol
GoldSpring Inc. GSPG 1.20 1.1931 17,291.30% 1.25 1.25 1.20 320
Vibe Records Inc. VBRE 0.08 0.03 60.00% 0.08 0.08 0.08 200
R.G. Global Lifest RGBL 0.054 0.0285 111.76% 0.039 0.054 0.037 306.84 k
Brightec Inc. BRTE 0.018 0.006 50.00% 0.0111 0.018 0.0111 20 k
Allied Security In ADSV 0.0003 0.0001 50.00% 0.0003 0.0003 0.0003 100 k
China Forestry inc. CHFY 0.01 0.003 42.86% 0.005 0.01 0.005 55 k
Pacific Sands Inc. PFSD 0.09 0.025 38.46% 0.09 0.09 0.09 15 k
IA Global Inc. IAGI 0.015 0.004 36.36% 0.015 0.015 0.015 926 k
Marine Exploration MEXP 0.0016 0.0004 33.33% 0.0016 0.0016 0.0016 220 k
China Digital Medi CDGT 0.20 0.05 33.33% 0.20 0.20 0.20 100

Thursday’s Newsmakers:

Tootie Pie Partners with Kraft Foods

Jul. 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.”

Terms of the deal were not disclosed as of this date; however, the deal was made possible through a mutual agreement in partnership with HEB Grocery Stores, according to Tootie Pie Company.

“Experience tells us that more in-store pie tastings result in significantly more Tootie Pie sales. Once customers taste Tootie Pie, they are hooked,” explained Merrill. “HEB wants to grow Tootie Pie sales dramatically and brought Kraft to the table in a three-way partnership that will drive consumers to the frozen food section during peak times of the year!”

About Kraft Foods

Kraft Foods Inc., together with its subsidiaries, manufactures and markets snacks, confectionery, and quick meal products worldwide, is the second largest food company with annual revenues of $48 billion. Millions of times a day, in more than 160 countries, consumers reach for their favorite Kraft Foods brands. Kraft brands are present in more than 99% of households. The company sells its products to supermarket chains, wholesalers, super centers, club stores, mass merchandisers, distributors, convenience stores, gasoline stations, drug stores, value stores, and other retail food outlets.

About HEB Grocery

Based in San Antonio, Texas, HEB is one of the largest independent grocery chains in the United States. With hundreds of stores in more than 150 communities in Texas, HEB serves millions of customers in Texas and Mexico.

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 (July 8, 2010 – 9:30 AM 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.

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7-7-10 The Small Cap Market Update from Express IR

July 7th, 2010 | Author:

The old Chinese curse “May you live in interesting times” has rarely been more applicable than today. Just when you thought things couldn’t get more surreal, there is rumor of a second stimulus package circulating in Washington. Slow your roll Chicken Little.

The challenges facing our world and economy today isn’t uncharted territory. We survived World War II and the Great Depression where unemployment rates as measure by the more comprehensive U6 reached over 35% versus the 16% of today. We even survived drinking non-bottled water and playgrounds with lead-based paint.

While today’s challenges aren’t all that unique, they are compounded to the point that it will take very strong leadership from both the private and public sector to lead us to acceptable levels of economic, security, and environmental equilibrium. Thank God for the private sector.

What has always been true is the private sector has the ingenuity and entrepreneurial spirit to address many of these issues, and in the end we will all be better off for it. Government stimulus money appears to be spent fixing potholes and building more federal buildings to house all those new government employees. Can you imagine the impact the stimulus money would have if pumped into the private sector? The impact from job creation and funding for research and development would be a real economic deal changer.

And while this second mega stimulus package is being rumored, we are getting collection agencies from China calling asking where last month’s payment is. So instead of compounding our problems, let’s invest the rest of the TARP assets into the private sector. There has to be a few billion lying around somewhere.

Today’s Markets

Stocks are rallying in Wednesday trading with the Dow rising over 100 points.

The Dow Jones industrial average is up 135 points in early afternoon trading, while the Nasdaq composite gained 30 points, or 1.5%.

Stocks managed gains Tuesday, with the Dow breaking a seven-session losing streak, but gains were mixed as investors had little economic or earnings news. Wednesday brought similar morning gains as investors dug back in after a big selloff.

Stocks struggled last week on worries about the U.S. economy heading toward a double-dip recession and concerns about the European debt crisis. The major indexes lost roughly 5% last week and are down more than 15% from the rally highs of late April.

European financial markets were up in afternoon trading, with Britain’s FTSE 100 rising 0.8%, Germany’s DAX advancing 0.9% and France’s CAC 40 climbing 1.7%. Treasuries fell, raising the yield on the 10-year note to 2.96% from 2.93% late Tuesday. Debt prices and yields move in opposite directions.

Today’s Top Performers on the OTCBB

Company Symbol Last Chg %Chg Open High Low Vol
Gate to Wire Solut GWIRE 0.05 0.04 400.00% 0.05 0.05 0.05 500
Vibe Records Inc. VBRE 0.07 0.05 250.00% 0.02 0.02 0.02 362.88 k
Abakan Inc. ABKI 0.74 0.48 184.62% 0.51 0.51 0.51 12.54 k
PrismOne Group Inc. PMOZ 0.11 0.07 175.00% 0.11 0.11 0.11 999
Mirenco Inc. MREO 0.10 0.06 150.00% 0.09 0.09 0.09 15 k
Hasco Medical Inc. HASC 0.07 0.039 125.81% 0.08 0.07 0.07 45 k
Smoky Market Foods SMKY 0.025 0.013 108.33% 0.012 0.012 0.012 20 k
iVoice Inc. IVOI 0.0002 0.0001 100.00% 0.0002 0.0001 0.0001 31.68 m
Golden Century Res GDLM 1.10 0.55 100.00% 1.10 1.10 1.10 500
Carbonics Capital CICS 0.0002 0.0001 100.00% 0.0002 0.0001 0.0001 37.7 m

Wednesday’s Newsmakers:

American HomePatient Announces Self-Tender Offer at $0.67 Per Share

Jul. 7, 2010 (Business Wire) — American HomePatient, Inc. (OTCBB: AHOM) (“American HomePatient” or the “Company”), one of the nation’s largest home health care providers, announced today it will launch a self-tender offer to acquire all outstanding shares of its common stock, par value $0.01 per share (the “Shares”), net to the seller in cash, without interest and less applicable withholding taxes (the “Offer”). Highland Capital Management, L.P. and its affiliates (together referred to as “Highland”), which constitute the largest holder of the Company’s matured senior secured debt of approximately $216.2 million (“Senior Debt”) and its largest shareholder, has agreed to not tender Shares in the Offer. The purpose of the self-tender offer is to redeem as many Shares as possible from shareholders other than Highland in order to concentrate Highland’s percentage ownership in the Company as a first step in the Company becoming 100% owned by Highland pursuant to a restructuring plan previously announced by the Company.

The Offer is scheduled to begin on July 7, 2010 and is scheduled to expire at 5:00 PM, New York City time, on August 4, 2010, unless extended.

The Offer is conditioned upon, among other things: (i) that there shall have been validly tendered and not withdrawn prior to the expiration of the Offer a number of Shares that, when added to the number of Shares already owned by Highland, represents at least 90% of the Shares outstanding immediately prior to the expiration of the Offer; (ii) that the total amount payable by the Company to holders of Shares, upon acceptance for payment of Shares, shall not exceed $6,527,000 (plus any exercise price received by the Company for the exercise of options between April 27, 2010 and the expiration date of the Offer); and (iii) that simultaneously with the closing of the Offer, our Senior Debt shall be restructured into two four-year secured term loans on terms that we have previously negotiated with Highland and the other holders of our Senior Debt. Each of these conditions may, to the extent permitted by applicable law, be waived by us with the prior written consent of Highland. The Offer is not subject to any financing condition.

The complete terms and conditions of the Offer are set forth in the offer to purchase, letter of transmittal and other related materials to be filed by American HomePatient with the Securities and Exchange Commission (“SEC”) today. Copies of the offer to purchase, letter of transmittal and other related materials are available free of charge from D.F. King & Co., Inc., the Information Agent for the Offer, at (800) 659-5550, (800) 659-5550 (toll-free) or (212) 269-5550, (212) 269-5550 (collect). The Depositary for the Offer is Computershare.

American HomePatient, a Nevada corporation, is one of the nation’s largest home health care providers with operations in 33 states. Its product and service offerings include respiratory services, infusion therapy, parenteral and enteral nutrition, and medical equipment for patients in their home.

This press release is for informational purposes only and does not constitute an offer to purchase nor a solicitation of an offer to sell any securities of American HomePatient. The solicitation and offer to purchase shares of American HomePatient common stock is being made pursuant to a tender offer statement on Schedule TO and related exhibits, including the offer to purchase, letter of transmittal, and other related documents that will be filed today with the SEC by American HomePatient. These documents contain important information, including the terms and conditions of the Offer. Investors and security holders of American HomePatient common stock are urged to read each of these documents and any amendments to these documents carefully when they are available prior to making any decisions with respect to the Offer.

Certain statements made in this press release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are based on management’s current expectations and include known and unknown risks, uncertainties and other factors, many of which the Company is unable to predict or control, that may cause the Company’s actual results or performance to materially differ from any future results or performance expressed or implied by such forward-looking statements. These statements involve risks and uncertainties, including, without limitation, risks and uncertainties regarding the restructuring plan and its components (including the self-tender offer), the ability to complete the restructuring plan and the effect of not completing the restructuring plan, the status of the Company’s secured debt, current and future reimbursement rates, and reimbursement reductions and the Company’s ability to mitigate the impact of the reductions. These risks and uncertainties are in addition to risks, uncertainties, and other factors detailed from time to time in the Company’s filings with the Securities and Exchange Commission. The Company cautions investors that any forward-looking statements made by the Company are not necessarily indicative of future performance. The Company is not responsible for updating the information contained in this press release beyond the published date, or for changes made to this document by wire services or Internet services.

Source: Business Wire (July 7, 2010 – 12:01 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
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7-6-10 The Small Cap Market Update from Express IR

July 6th, 2010 | Author:

President Ronald Reagan once said the nine most terrifying words in the English language are, ‘I’m from the government and I’m here to help.’ Well the business prevention team is at it again. Last week Nancy Pelosi said “unemployment benefits create more jobs than any other initiative”. Huh? The people that led us into this near abyss are the same one’s trying to lead us out. Why don’t I feel any better?

According to the Office of Advocacy of the Small Business Administration which measures such things, more than half of working Americans’ were employed by businesses with less than 500 employees. Small companies create more jobs than either large companies or the federal government. At least that’s what their data says.

The best ways to start and sustain an economic recovery is to create an environment which encourages start-ups and existing small businesses to thrive. Eliminate barriers to entry. Reduce taxation for the first 3-5 years, relax government regulation on business’ that create certain numbers of jobs, give small business’ preferential treatment when bidding on government contracts. But the best way to support small companies is to encourage public and private investment. Preferential capital gains and venture capital treatment for providing capital to small business’ is a start. Reducing, not increasing, regulation for accredited investors to participate in small company investment is another initiative that is worth investigating.

Unfortunately, our political leadership seems hell bent on the 2000 page Financial Reform bill and bone-headed notions like “unemployment benefits create more jobs than any other initiative”. We may have to go this next economic recovery without them.

The great money manager Peter Lynch of Fidelity Magellan Fund fame, once said when researching investment ideas he looked for companies with simple models and good products. He looked for companies that would succeed even if an idiot was running it.  Because one day, an idiot would be running it.

I guess that shows you how good a model our country is, because it seems like idiots are running it most of the time.

Today’s Markets

The trading week was greeted with a rally Tuesday morning as all major indexes are up in early trading as investors try to recover some of the big losses in recent weeks following a string of disappointing economic reports.

The Tuesday rally comes ahead of a report that is expected to show the service sector expanded last month, but not quite as fast as in May. Investors have been selling off stocks as economic reports paint a mixed picture of the economy. Reports are still indicating growth, but not nearly at the pace traders had expected.

Dow Jones industrial average was up 108 points, or 1.1%, shortly after the opening bell. The S&P 500 rose 12 points, or 1.2%, and the Nasdaq composite gained 34 points or, 1.6%.

Today’s Top Performers on the OTCBB

Company Symbol Last Chg %Chg Open High Low Vol
Brightec Inc. BRTE 0.005 0.003 150.00% 0.004 0.005 0.004 10 k
TBay Holdings Inc. TBYH 0.24 0.109 83.21% 0.24 0.24 0.24 1.2 k
Worlds.com Inc. Wo WDDD 0.045 0.02 80.00% 0.035 0.045 0.035 20 k
iTech Medical Inc. IMSU 0.40 0.15 60.00% 0.40 0.40 0.40 17.3 k
China Premium Life CPLY 0.08 0.03 60.00% 0.08 0.08 0.08 246
Wellstar Internati WLSI 0.0003 0.0001 50.00% 0.0003 0.0003 0.0003 250 k
Snowdon Resources SWDO 0.15 0.05 50.00% 0.15 0.15 0.15 100
Galaxy Gaming Inc. GLXZ 0.22 0.0687 45.41% 0.22 0.22 0.22 2.5 k
WorldVest Inc. WOVT 1.35 0.40 42.11% 1.35 1.35 1.35 4 k
Fero Industries In FROI 0.055 0.015 37.50% 0.055 0.055 0.055 3.57 k

Tuesday’s Newsmakers:

Sinobiopharma Announces Distribution Contracts for Flagship Product Totaling US$8.4 Million
Jul. 6, 2010 (GlobeNewswire)

Company’s Formulation of Cisatracurium Besylate is Now Used in More Than 1,000 Hospitals in China

NANTONG CITY, China, July 6, 2010 (GLOBE NEWSWIRE) — Sinobiopharma, Inc. (OTCBB:SNBP) (“Sinobiopharma” or the “Company”) is pleased to announce that in the first calendar quarter of 2010 it has signed 30 distribution contracts with distribution agents totaling US$8.4 million for 2010 for distribution of its flagship product KuTai, a patented formulation of Cisatracurium Besylate that is one of the top-selling pre-surgical skeletal muscle relaxants in China. KuTai distributors have coverage in more than 30 provinces throughout China and in most major cities.

As a pioneer injectable Cisatracurium Besylate manufactured in China, KuTai quickly became one of the leaders among skeletal muscle relaxants in the domestic market soon after it was introduced in 2006. KuTai is not only lower in cost than GlaxoSmithKline’s (GSK) Nimbex injection but is also the only Cisatracurium Besylate that can be stored at room temperature. The low cost and high convenience makes KuTai a more attractive choice for hospitals and doctors.

The success of KuTai underscores the soundness of Sinobiopharma’s expansion strategy, which includes expanding its drug pipeline and advancing the development of innovative drugs that will consolidate the Company’s leadership position in its chosen therapeutic areas.

“We believe that as a pioneer drug in China, KuTai enjoys the benefit of having a government sanctioned price premium as well as certain exclusive marketing rights to hospitals,” said Dr. Lequn Lee Huang, the Company’s CEO. “We expect that revenue and net profit will increase considerably in 2010, not only because of our marketing efforts, but also because healthcare reform is accelerating the growth of market demand for pharmaceuticals.”

About Sinobiopharma

Sinobiopharma, Inc. is a fully integrated and highly innovative specialty biopharmaceutical company engaged in the research and development, manufacture and marketing of biopharmaceutical products in China, one of the world’s fastest growing pharmaceutical markets. Known as Dong Ying (Jiangsu) Pharmaceutical Co., Ltd. in China, the Company’s current therapeutic focus is on anesthesia-assisted agents and cardiovascular drugs. For additional information, visit the Company’s website at: www.sinobp.com.

FORWARD LOOKING STATEMENTS

This news release may include “forward-looking statements” regarding Sinobiopharma, Inc., and its subsidiaries, business and project plans. Such forward looking statements are within the meaning of Section 27A of the Securities Act of 1933, as amended, and section 21E of the United States Securities and Exchange Act of 1934, as amended, and are intended to be covered by the safe harbor created by such sections. Where Sinobiopharma, Inc. expresses or implies an expectation or belief as to future events or results, such expectation or belief is believed to have a reasonable basis. However, forward-looking statements are subject to risks, uncertainties and other factors, which could cause actual results to differ materially from future results expressed, projected or implied by such forward-looking statements. Sinobiopharma, Inc. does not undertake any obligation to update any forward looking statement, except as required under applicable law.

CONTACT:  
Sinobiopharma, Inc.
Investor Relations
86-25-58061579
Source: Globe Newswire (July 6, 2010 – 8:20 AM 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
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7-2-10 The Small Cap Market Update from Express IR

July 2nd, 2010 | Author:

The lead story in the New York Times, The Washington Post, and the Dallas Morning News today is the Labor Department Employment report of a net loss of 125,000 jobs in the month. That was due primarily to the loss of 225,000 temporary census jobs that had swelled payrolls by 433,000 net jobs in May. Business hiring was a dismal 83,000. State and local governments cut 10,000 jobs in the month. Overall, that means a loss in jobs in the latest reports. So the national unemployment rate holds steady just south of 10%.  While U6, the nations broadest measure of employment reached a staggering 16%.

I bet if you asked the average American who’s really good at creating jobs not one in ten would say the federal government. In a normal scenario, the expansion of government through job creation creates a few unintended consequences, namely, more bureaucracy, less efficiency, higher taxes. While these are tough economic times, this latest attempt at federal job creation is embarrassing. The so-called shovel-ready projects were supposed to remind us of FDR’s Works Projects Administration, and the cornerstone of his three R’s: relief, recovery, and reform. Well they just don’t make politicians like they used to. Both parties version of the three R’s is better described as reckless, rattled, and ridiculous.

You know who’s good at creating jobs? Small companies on the cutting edge of technology, product creation, and process improvement. If the federal government had the foggiest notion on what they were doing, they would remove all barriers for small businesses. From relaxed regulations on research and development to reduction or even suspension of taxation, anything that gives small companies a competitive advantage is good for our long term economic growth. Don’t forget Dell Computers was started in a college students’ apartment in Austin, Texas and Apple was started by a couple of hippies’ in their parents’ garage in California. And today’s newsmaker below Tootie Pie which develops, produces, and markets high end dessert products to retailers and restaurants. They’ve creates 25 jobs and will add more this fall.

Give me one example of that kind of job creation by the federal government in the last 40 years. Time’s up. No, really. Time’s up.

Today’s Markets

Stocks are lower once again, capping a bad week, as disappointing jobs data fueled worries about a second half slowdown in the economy.

Ahead of the July 4th holiday weekend, investors added to the weeks’ losses. Stocks have been hit hard this week, ending the second quarter and starting the third on concerns about the sustainability of the global recovery.

Slipping for its seventh consecutive session, all major indexes are lower. The Dow Jones Industrial average is down -70.57 to 9661.96. The Nasdaq is down -14.22 to 2087.14.

The government’s monthly jobs data sent mixed messages on the labor market. The jobless rate edged down to 9.5% in June from 9.7% the previous month, better than the increase to 9.8% economists were expected. However, the decline in the unemployment rate appeared to be skewed because in June, the civilian labor force participation rate fell 0.3 percentage point to 64.7%.

Meanwhile, nonfarm payrolls fell by 125,000 last month, with only 83,000 private-sector jobs added. Economists were expecting payrolls to drop by a more modest 110,000 in June. Nevertheless, the drop in nonfarm payrolls was smaller than many investors had feared.

Today’s Top Performers on the OTCBB

Company Symbol Last Chg %Chg Open High Low Vol
U.S. Aerospace Inc. USAE 0.21 0.09 75.00% 0.0999 0.229 0.0999 549.37 k
C T I Group Inc CTIG 0.08 0.035 77.78% 0.08 0.08 0.08 400
Phoenix Energy Res PNXED 0.035 0.015 75.00% 0.035 0.035 0.035 4.17 k
BioSolutions Corp. BISU 0.11 0.04 57.14% 0.07 0.11 0.07 4.65 k
First Physicians C FPCG 0.35 0.12 52.17% 0.35 0.35 0.35 5 k
Wellstar Internati WLSI 0.0003 0.0001 50.00% 0.0002 0.0003 0.0002 751.35 k
NWT Uranium Corp. NWURF 0.1767 0.0567 47.25% 0.1741 0.1791 0.1741 9 k
TX Holdings Inc. TXHG 0.05 0.015 42.86% 0.05 0.05 0.05 360
Bella Viaggio Inc. BVIG 0.70 0.19 37.25% 0.45 0.75 0.45 26 k
Optimized Transpor OPTZ 0.05 0.013 35.14% 0.0401 0.05 0.0401 156.09 k

Friday’s Newsmakers:

Tootie Pie Company Reports Over a $1 Million Gross Profit

Jul. 2, 2010 (Business Wire) — Tootie Pie Company, Inc. (OTCBB:TOOT) announced a gross profit of $1,078,349 and annual revenues of $1,686,109, for fiscal year ending March, 2010, reflecting increases in both areas from the 2009 fiscal year.

“We’re pleased to report an improvement in cash flow of $667,369, resulting primarily from an 82% reduction in cash used for operating activities,” said Don L. Merrill, Jr. President & CEO. Merrill attributed the reduced cash flow loss of only $148,037 to “cost saving measures adopted by our management team to address the U.S. Economic downturn.”

“The Company has demonstrated the ability to significantly reduce operating expenses while still maintaining our sales levels, thereby bringing Tootie Pie Company very close to cash flow break even,” added Merrill.

In addition, the Company was able to acquire and roll out its first two Tootie Pie Gourmet Cafés during this same period. “I think its clear we accomplished a great deal during one of the most difficult financial environments in U.S. history,” said Merrill.

Net loss, which includes noncash items, depreciation and amortization, dropped $209,589 (30%) to $478,226 for the twelve months ending March 31, 2010, versus $687,815 for the twelve months ending March 31, 2009. Annual revenues also increased to $1,686,109 for 2010, versus $1,670,324 for the fiscal year ending in 2009. Gross margin improved slightly to 64% for the year ending March 31, 2010 compared to 63% for the year ending March 31, 2009.

“Sales have been up for eight consecutive months,” Merrill said. “With our sales trending up and our operations at near break even, 2010 is poised to be a great year for Tootie Pie Company,” added Merrill. “We have the Company positioned to take it to the next level in terms of sales growth and bottom line results.”

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 (July 2, 2010 – 9:45 AM 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

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7-1-10 The Small Cap Market Update from Express IR

July 1st, 2010 | Author:

You know that friend of yours that was born with a horseshoe in his pocket and rabbits foot around his wrist? Everything he touches turns to gold. He always has the ability to turn the worst situation into a great opportunity. Well the federal government ain’t that guy. The latest example is the Financial Reform Bill.

Like all things government, this bill is as a behemoth. I would bet my family savings that not one of the ‘public servants’ in either house has read the 2,000 page bill. It creates a new consumer-protection bureau, within the Federal Reserve, with powers to write rules for, and if they deem necessary to outlaw certain, financial products. It gives the government the power to break up any failing financial firm. Can any of them answer this question: At what point is a firm failing? I didn’t think so.

Few American’s are sympathetic to large money-center banks, but this law is confiscatory, expected to cut profits between 5%-20%. Additionally, a last minute conference committee decision adds a $19 billion one-off tax on them to pay for the law. As my dear friend Austin Powers would say “Ouch baby, very ouch”. For the most part, they made their own bed and they have to sleep in it. But if I’m choosing sides between banks and the Belt Way Gang, well, I’m just saying. This bill will make it even more difficult for small companies to securing operating capital.

The Treasury is proud to point out that this is the most comprehensive new banking legislation since the Depression. Other than a few hiccups, the United States has enjoyed 70 years of economic expansion and incredible innovation. It has been a tremendous environment for smart entrepreneurs to start and grow small companies. In the end, the new consumer bureau just adds another government agency to the business prevention team. It doesn’t even address Fannie Mae and Freddie Mac, who were at the front of this financial crisis to begin with.

Massive government involvement rarely makes a challenging situation better. Some adjustments need to be made to protect consumers and investors, but not this. If a plane hits an air pocket, you don’t see both pilots and six flight attendants grabbing the controls all at once and yanking them all over the place. However, that is exactly how the federal government reacts to almost every challenge.

Today’s Markets

U.S. stocks rallied from earlier losses but couldn’t climb out of the red, as housing and jobs data disappointed investors. The Dow Jones Industrial Average closed down 41 points, or 0.4%, at 9733. The weak U.S. data only added to investor concerns about the slow global growth and how it might be impacted by debt worries in the Europe and China.

Following the S&P 500′s recent move below 1040, considered by many traders as a major support line, traders are now keeping a close eye on whether the measure can stay above the 1008 to 1010 range, which is considered the next big support area. If it breaks below that, investors will then look to the 1000 level.

Thursday’s declines followed reports showing that U.S. pending-home sales plunged 30% in May, the first month after the homebuyer tax credit expired, and that the Institute for Supply Management’s June manufacturing index dropped more than expected.

The euro gained sharply against the dollar on Spain’s government bond auction, which sparked confidence in the region’s banking system. The euro was trading at $1.2500 in recent trade, up from $1.2229 late Wednesday in New York.

Today’s Top Performers on the OTCBB

Company Symbol Last Chg %Chg Open High Low Vol
Hydron Technologie HTEC 0.02 0.0174 669.23% 0.02 0.02 0.02 400
Masterbeat Corp MSTO 1.01 0.76 304.00% 1.01 1.01 1.01 200
Zolon Corp ZLON 0.45 0.25 125.00% 0.45 0.45 0.45 5.6 k
Starfield Resource SRFDF 0.10 0.0543 118.82% 0.07 0.10 0.07 15 k
Timberjack Sportin TBJK 0.006 0.003 100.00% 0.0045 0.0065 0.0045 903.64 k
Signet Internation SIGN 0.50 0.25 100.00% 0.28 0.50 0.28 137.5 k
Encompass Group Af ECGA 0.0002 0.0001 100.00% 0.0002 0.0002 0.0002 500 k
U.S. Aerospace Inc. USAE 0.12 0.0599 99.67% 0.12 0.12 0.12 200
Eat at Joe’s Ltd. JOES 0.015 0.007 87.50% 0.015 0.015 0.015 2 k
Delta Mutual Inc. DLTZ 0.43 0.20 86.96% 0.43 0.43 0.43 200

Thursday’s Newsmakers:

eCrypt Technologies, Inc. (ECRY.OB) Secures $2 Million in Financing
Jul. 1, 2010 (Business Wire)

eCrypt Technologies, Inc. (OTCBB: ECRY) is pleased to announce it has secured USD$2 million pursuant to a financing agreement signed in April. To date, eCrypt Technologies, Inc. (the “Company”) has received $400,000.

The financing is in exchange for issuing restricted common stock. “We’re very pleased to have secured the financing as it allows the Company to ensure its 2010 operational goals can be initiated. We took the first step when we launched a national ad campaign with a 30-second commercial that aired on CNBC, and is available for viewing on YouTube and on the Company’s website,” commented Brad Lever, CEO of eCrypt. “It also allows us to continue our research and development to allow eCrypt to stay at the forefront of wireless security as the world increasingly turns to wireless apps.”

eCrypt’s signature software affords users complete security on their BlackBerry® smartphones by opening a secure “tunnel” for communication between two users, with unique keys that are not stored on any servers. BlackBerry smartphones are the flagship product of Research in Motion (NASDAQ: RIMM).

About eCrypt Technologies

eCrypt Technologies, Inc. is an information security firm with a focus on the wireless industry. Its flagship product “eCrypt” is a first-of-its-kind encryption software for wireless email on BlackBerry® smartphones, and is available under a perpetual license or on a pay-per-use basis. Using the strongest encryption algorithms available for the BlackBerry® smartphone OS, eCrypt software prevents unwanted access to email messages during transmission and storage on servers and PCs. Users may communicate freely with each other knowing that no one has access to the content of their emails.

eCrypt is a member of the BlackBerry® Alliance Program and has successfully obtained a Mass Market Status for its product from the U.S. Department of Commerce, Bureau of Industry and Security. This status allows eCrypt to export and re-export the software under section 742.15(B)(2) of the Export Administration Regulations, and is recognized by the Wassenaar Arrangement.

eCrypt is available for BlackBerry® Internet Service and BlackBerry® Enterprise Server customers.

For further information, go to: www.ecryptinc.com or www.yourprivacyisourbusiness.com.

Source: Business Wire (July 1, 2010 – 1:18 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

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6-30-10 The Small Cap Market Update from Express IR

June 30th, 2010 | Author:

Well it looks like the federal government has entered the first week of its high school home economics course. Congressional Budget Office Chief Douglas Elmendorf, told president’s bipartisan fiscal commission that if you spend four times more money than you make, you go broke.

Under his best guesstimate Elmendorf briefed that the debt held by the public is on track to rise to 80% by 2035 from 62% at the end of this year. At that point, interest payments on that debt would jump to 4% of GDP, up from roughly 1% today. That’s the equivalent of a third of all federal revenue.

Based on current policies, debt held by the public would hit 185% of GDP in 2035. And interest payments on that debt would jump to nearly 9% of GDP.

The health care law that was supposed to dramatically decrease the federal budget “made a dent in the problem but did not significantly reduce the challenge,” Elmendorf said. “If all the health law measures are implemented, we end up with slightly lower federal health spending by the end of the 2020s.”

Elmendorf noted that spending on major mandatory health care programs such as Medicare is on track to double by 2035, up to 10% of GDP from 5% today. That increase is the equivalent of $700 billion this year in additional spending, Elmendorf said.

In a brilliant glimpse of the obvious, Elmendorf said the only way to bring the federal budget into better balance would be to sharply reduce U.S. spending, drastically increase taxes to rates never before seen in the United States or some less dramatic combination of the two. So we do have to pay for all these federal programs.

Today’s Markets

U.S. stocks are slightly higher, as mixed economic data left investors cautious in Wednesday’s afternoon session. Investors were encouraged by a better-than-expected report of Chicago-area manufacturing activity and reduced concerns over European banks, but private-sector jobs data disappointed.

The Dow Jones Industrial Average recently edged up 21 points, or 0.2%, to 9891.The Dow is on track to post its first quarterly percentage drop since the first quarter of 2009.

The industrials erased some of their Tuesday tumble after a survey of Chicago-area purchasing managers showed business activity in the U.S. expanded more than expected in June, albeit at a slower pace compared with the previous two months.

The Nasdaq Composite rose 0.4% to 2143. The Standard & Poor’s 500-stock index rose 0.4%, led by its industrial and energy sectors. In addition, Ford Motor jumped 5.1% after the auto maker said it will reduce its debt by more than $4 billion.

Concerns over European banks increased after demand for the European Central Bank’s offer of three-month funds fell short of expectations, easing fears that the region’s banks are dependent on an ECB lifeline to stay afloat.

The euro strengthened, recently trading at $1.2257, up from $1.2197 late Tuesday in New York. The U.S. Dollar Index, which measures the U.S. currency against a basket of six others, fell 0.1%. Other safety assets, including Treasuries and gold, also declined. The drop in Treasury prices pushed the yield on the 10-year note up to 2.98%.

Today’s Top Performers on the OTCBB

Company Symbol Last Chg %Chg Open High Low Vol
Paneltech Internat PNLT 0.55 0.449 444.55% 0.54 0.55 0.101 3.2 k
AuraSound Inc. New ARUZ 2.75 1.71 164.42% 2.75 2.75 2.75 700
Vertical Health So VHSL 0.048 0.028 140.00% 0.058 0.058 0.048 2.0 k
Conversion Service CVNS 0.038 0.022 137.50% 0.022 0.038 0.022 223.3 k
Trey Resources Inc. TYRIA 0.0002 0.0001 100.00% 0.0002 0.0002 0.0002 5.0 k
TBC Global News Ne TGLN 0.0002 0.0001 100.00% 0.0002 0.0002 0.0001 5.07 m
Syringa Bancorp SGBP 0.50 0.25 100.00% 0.50 0.50 0.50 1000
Cyber Informatix I CYIX 0.20 0.10 100.00% 0.20 0.20 0.20 5.0 k
China Properties D CPDV 0.30 0.15 100.00% 0.30 0.30 0.30 2.1 k
Angel Acquisition AGEL 0.0002 0.0001 100.00% 0.0002 0.0002 0.0001 134.81 m

Wednesday’s Newsmakers:

Arrayit Corporation Receives Registered Trademark for OvaDx(R)
Jun. 30, 2010 (GlobeNewswire)

SUNNYVALE, Calif., June 30, 2010 (GLOBE NEWSWIRE) — Arrayit Corporation (OTCBB:ARYC), a leader in life sciences and healthcare technology, announced today that the company has received a registered trademark Notice of Allowance from the United States Patent and Trademark Office (USPTO) for the company’s OvaDx® pre-symptomatic ovarian cancer test. The June 29th, 2010 issuance of USPTO serial number 77891798 grants Arrayit exclusive nationwide rights to use the mark on or in connection with scientific, research, medical laboratory and clinical diagnostics uses of OvaDx® for the full lifetime of the product.

Arrayit’s OvaDx®, the market’s first comprehensive diagnostic screening test for ovarian cancer, uses approximately 100 proteomic biomarkers to identify molecular beacons of ovarian cancer that accumulate in the bloodstream as soon as an ovarian tumor begins to develop. OvaDx® detects both early and late stage ovarian cancer with high sensitivity and specificity using Arrayit’s proprietary microarrays, which are tiny medical devices that screen large numbers of patient samples in a highly miniaturized and automated manner. OvaDx® leverages Arrayit’s patented manufacturing technology and will be marketed and sold upon FDA approval by the company’s subsidiary Arrayit Diagnostics, Inc.

Arrayit CEO Rene Schena states, “We are pleased to receive a Notice of Allowance from the USPTO regarding our registered trademark. This achievement marks another important step in the commercialization of OvaDx®.”

About Arrayit Corporation

Arrayit Corporation, headquartered in Sunnyvale, California, leads and empowers the genetic, research, pharmaceutical, and diagnostic communities through the discovery, development and manufacture of proprietary life science technologies and consumables for disease prevention, treatment and cure. Arrayit now offers over 650 products and services to a customer base of more than 10,000 clinics and research facilities and more than 5,000 laboratories worldwide, including most every major university, pharmaceutical and biotech company, major agricultural and chemical company, government agency, national research foundation and many private sector enterprises. Please visit www.arrayit.com for more information.

About Arrayit Diagnostics, Inc.

Arrayit Diagnostics, Inc., a majority‐owned subsidiary of Arrayit Corporation, is actively engaged in marketing and commercializing proprietary microarray‐based diagnostic tests for early stage pre-symptomatic detection of ovarian and prostate cancer, neurodegenerative diseases, and other chronic and severe disease states.

Safe Harbor Statement

We have identified forward-looking statements by using words such as “expect,” “believe,” and “should.” Although we believe our expectations are reasonable, our operations involve a number of risks and uncertainties that are beyond our control, and these statements may turn out not to be true. Risk factors associated with our business, including some of the facts set forth herein, are detailed in the Company’s Form 10-K for the fiscal year ended December 31, 2009 and Form 10-Q for the quarter ended March 31, 2010.

CONTACT:
Arrayit Corporation
Investor Relations
408-744-1331      
investorrelations@arrayit.com

Source: Globe Newswire (June 30, 2010 – 2:13 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

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