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Posts Tagged ‘OTCBB’

6-29-10 The Small Cap Market Update from Express IR

When the front page of Aljazeera.net is highlighting the violence at the G20 Summit, you know protestors are making complete fools of themselves. Perhaps a brief overview would be in order. The G-20 is a consortium of twenty of the largest industrial countries in the world. They meet to discuss trade and economic issues with a focus on the international financial system.

This group of countries represents approximately 85% of the worlds’ gross national product, 80% of world trade, approximately 90% of the worlds’ charitable contributions, and almost 95% of the worlds’ aid to impoverished regions. Let me say that again: 90% of the worlds’ charitable contributions and 95% of the worlds’ aid to impoverished regions. Of course it makes sense to throw rocks at police officers and burn cars to protest how evil they are.

Even minimal analysis from a reasonable, open-minded person would show that much can be done to make economic systems more equitable, financial and trade markets more efficient, and education more accessible worldwide. And yes, these G20 nations should be leaders on all fronts. Maybe that’s one of the reasons they get together at these leadership boondoggles. Let’s hold them accountable. Let’s expect more from our elected or appointed leadership.

Or, if you have a room temperature IQ, no job, and no idea how to be a positive influence on your community, let’s turn over a car and light it on fire. In the future, when this small network of malcontents gather to protest issues, let’s ignore them. It worked in professional sports. When idiot fans run on the field at a sporting event, the camera’s pan away. If you stop giving them attention, maybe they’ll just go away. Are you listening mass media?

Today’s Markets

Fueled by a decline in U.S. consumer confidence and worries about the global economy, all major U.S. stock indexes were slammed in Tuesday trading. The concerns sent investors in search of safe havens, sending the dollar, gold and Treasuries higher. The rise in Treasuries pushed the yield on the 10-year note below 3%, to its lowest level in more than a year. The selloff came as a sharp drop in U.S. consumer confidence added to the market’s worries after the Conference Board sharply revised lower its April leading economic indicator for China, raising fears that a key driver of the global economy could slow.

The Dow Jones industrial average dropped 276.98 points, or 2.74 percent, to 9,861.54. The S&P 500 fell 36.05 points, or 3.35 percent, to 1,038.52. The Nasdaq Composite fell 90.47 points, or 4.07 percent, to 2,130.18.The Standard & Poor’s 500 index fell 3.5% to 1038.23 and hit a fresh 2010 intraday low of 1037.68.

All of the S&P 500′s sectors were negative, led by declines in the industrials, technology and financial sectors, which are more volatile sectors. The less volatile consumer-staples and health-care stocks, posted the smallest declines.

Today’s Top Performers on the OTCBB

Company Symbol Last Chg %Chg Open High Low Vol
Lorus Therapeutics LRUSF 2.29 2.215 2,953.33% 2.29 2.29 2.29 400
Sumotext Inc. SMXI 0.84 0.81 2,700.00% 0.84 0.84 0.84 100
Real Value Estates RVLU 2.25 2.00 800.00% 2.25 2.25 2.25 100
Newcastle Resource NCSLF 1.19 1.02 600.00% 1.19 1.19 1.19 280
Anpath Group Inc. ANPGQ 0.04 0.03 300.00% 0.018 0.04 0.018 8.0 k
AISYSTEMS Inc. ASYI 0.45 0.28 164.71% 0.15 0.49 0.15 195.14 k
Providence Resourc PVRS 0.03 0.019 172.73% 0.03 0.03 0.03 9.8 k
Cienega Creek Hold CCKH 0.27 0.16 145.45% 0.27 0.27 0.27 2.0 k
Unico Inc. UNCO 0.0001 - 0.00 0.00% 0.0002 0.0002 0.0001 4.8 m
TBC Global News Ne TGLN 0.0001 - 0.00 0.00% 0.0002 0.0002 0.0001 32.35 m

Tuesday’s Newsmakers:

Lightyear Announces $1.7 Million Service Migration for Nationwide Casino Operator

Jun. 29, 2010 (Business Wire) — Lightyear Network Solutions, Inc. (OTCBB: LYNS), a provider of telecommunication services to large, medium and small businesses, as well as residential consumers throughout North America, announced today it is nearing completion of a migration to Lightyear service for 40 different locations for one of the nation’s largest casino operators.

Lightyear’s contract with this large multi-location, multi-branded casino operator began in July 2009. The initial objective of the engagement was to determine the timeline and scope of work to project manage the installation of services at the operator’s various casinos. Once complete, Lightyear began to aggressively install dedicated long distance, local telephone and Voice over Internet Protocol (VoIP) service at each of the client’s locations throughout North America, with 36 locations installed and 4 remaining as of June 29, 2010. This contract will represent more than 150 dedicated circuits and is expected to generate approximately $1.7 million in annual recurring revenue.

“This client is a great example of Lightyear’s organic growth strategy,” said J. Sherman Henderson III, CEO of Lightyear Network Solutions, “Voice communication services are mission-critical to this casino operator as they serve their own individual guest needs and provide an outstanding gaming experience. We look forward to working with them for many years to come as their business and telecommunication needs continue to expand.”

About Lightyear Network Solutions, Inc.

Through its wholly owned subsidiary, Lightyear Network Solutions, LLC, Lightyear provides telecommunication services to large, medium and small businesses and to residential consumers throughout North America utilizing its extensive network of independent agents and representatives. J. Sherman Henderson III, Lightyear’s Chief Executive Officer, has nearly 25 years experience in the telecommunications industry. Henderson was named one of the Top 25 Most Influential People in Telecommunications and was elected for six consecutive terms as Chairman of COMPTEL, the leading industry association representing more than 250 service providers. Lightyear’s product and service offerings include: local PRI and digital T1, enhanced internet services, frame relay, MPLS, Point-to-Point, Voice over Internet Protocol (VoIP), local and long distance, calling cards, and conferencing. Lightyear has also begun offering wireless services to customers in the U.S. through wholesale contracts with multiple wireless voice and data service providers. Lightyear built its own VoIP network in 2004 to enhance its product offerings to its customers and has partnered with some of the most prominent names in telecom including: Sprint, Verizon, AT&T, Qwest, Level 3, PAETEC, CenturyLink, Intelliverse, Globys, BroadSoft, Cisco and Adtran. Lightyear Network Solutions is headquartered in Louisville, KY. Additional information can be found at: www.lightyear.net.

Forward-Looking Statements

This press release contains “forward-looking statements” for purposes of the Securities and Exchange Commission’s “safe harbor” provisions under the Private Securities Litigation Reform Act of 1995 and Rule 3b-6 under the Securities Exchange Act of 1934. These forward-looking statements are subject to various risks and uncertainties that could cause Lightyear’s actual results to differ materially from those currently anticipated. These forward-looking statements may include, without limitation, statements about our marketing and acquisition opportunities, business strategies, competition, expected activities and expenditures as we pursue our business plan. Although we believe that the expectations reflected in any forward looking statements are reasonable, the risks and uncertainties which could cause our actual results to differ materially from those currently anticipated includes changes in market conditions, our ability to integrate acquired operations, the ability to obtain additional financing on satisfactory terms, customer acceptance of products, regulatory issues, competitive factors, or other business circumstances and risk factors described in our filings with the Securities and Exchange Commission. Lightyear undertakes no obligation to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this press release.

Source: Business Wire (June 29, 2010 – 2:21 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

6-28-10 The Small Cap Market Update from Express IR

I thought Canadian’s were supposed to be civil. Or maybe the idiots rioting in Toronto at the G20 summit are tourists. Either way, if you have a point to make, isn’t it always better to rationally, calmly state your point and use debate, dialog, and discussion to reach agreement, or at least a point from which meaningful progress can be made.

In Toronto this week, hundreds of demonstrators protesting the G20 global economic summit in Toronto used the mature tactic of breaking windows and setting fire to police cars to get attention. Marchers have been complaining about everything from pay for public employees to expensive housing to the excesses of capitalism. Why are these people complaining about public pay when most of them are unemployed, otherwise they’d be at work. And as far as the excesses of capitalism go, ask the people of Cuba who have lived on food rations for the last 25 years how a dictatorship is working out for them.

It’s always easier to blame the government or some institution for your lot in life. It’s certainly a lot easier than getting a real education, working hard, starting a business, mentoring young people, volunteering at a retirement home or something crazy like serving your country in the Armed Forces or Peace Corp.

G20 organizers were so concerned about security that they have spent around $1 billion and brought in thousands of police from across Canada. Imagine to what wonderful ends that $1 billion could have been used. Or I guess they could have given it to the protestors to prevent them from burning the city down. Kind of like extortion, isn’t it?

Today’s Markets

Major stock indexes finished the day slightly lower as traders responded to G20′s pledge to cut deficits could negatively affect global growth. Investors grew concerned about a pledge by G20 nations to halve their deficits by 2013 and stabilize their debt by 2016 sends an important symbolic message that the days of endless stimulus for over. The move comes as investors have gotten worried that the pace of the economy recovery may be slowing, exacerbated by debt issues in Europe and China’s efforts to put the brakes on its growth.

The Dow Jones Industrial Average fell more than 50 points in the last hour of trading to end down 5.29 points, or 0.1%, at 10138.52. The Nasdaq Composite Index fell 0.1%. The S&P 500 fell 0.2%, led by declines of more than 1% each in its basic-materials and energy sectors.

The dollar strengthened against both the yen and the euro, which recently traded around $1.2274, down from $1.2386 late Friday in New York. The U.S. Dollar Index, which tracks the U.S. currency against a basket of six others, rose 0.5%. Demand for Treasuries climbed, with the 10-year note up to push its yield down to 3.032%, the lowest level in more than a year. Gold futures also rose. Meanwhile, crude-oil futures slipped.

Consumer-staples rose after the Supreme Court rejected an appeal by the government, which sought to revive a rejected attempt to get tobacco companies to forfeit up to $280 billion in profits and pay $10 billion for smoking-cessation programs. The tobacco companies had also filed an appeal. Reynolds American jumped 4.1%, Altria Group rose 3.3% and Lorillard climbed 2.5%.

Today’s Top Performers on the OTCBB

Company Symbol Last Chg %Chg Open High Low Vol
Response Biomedica RPBIF 0.546 0.486 810.00% 0.546 0.546 0.546 2.99 k
Salon Media Group SLNM 0.25 0.22 733.33% 0.25 0.25 0.25 1.4 k
Paneltech Internat PNLT 0.55 0.449 444.55% 0.55 0.55 0.55 1000
Home Valley Bancor HVYB 1.01 0.81 405.00% 0.51 0.51 0.51 5.0 k
BayHill Capital Co BYHL 0.47 0.31 193.75% 0.47 0.47 0.47 19.26 k
Blackhawk Capital BHCG 0.025 0.16 177.78% 0.25 0.25 0.25 100
Compliance Systems COPI 0.008 0.0047 142.42% 0.005 0.005 0.005 40.0 k
Idaho Bancorp IDBC 0.75 0.41 120.59% 0.75 0.75 0.75 1.43 k
American Internati AIVN 0.048 0.023 92.00% 0.048 0.048 0.048 300
Timberjack Sportin TBJK 0.0055 0.0024 77.42% 0.003 0.003 0.003 3.6 m

Monday’s Newsmakers:

Nu Horizons Electronics Corp. Completes $80 Million Global Financing Agreement Due 2014

Jun. 28, 2010 (Business Wire) — Nu Horizons Electronics Corp. (NASDAQ:NUHC), a leading global distributor of advanced technology semiconductor, display, illumination, power, system and telecommunication solutions, today announced that the Company has entered into a new global asset-backed loan facility (“ABL”) with Wells Fargo Capital Finance, part of Wells Fargo & Company (NYSE:WFC), as a lender and as administrative agent, and two other banks. The ABL is expected to fund the Company’s borrowing requirements in the United States (“U.S.”), the United Kingdom (“U.K.”) and Asia for a four-year term. The facility provides for maximum borrowings of $80,000,000 with an option to increase the facility to a maximum borrowing of $110,000,000 under certain circumstances. The ABL facility provides for borrowings at variable interest rates utilizing an asset-based formula predicated on a percent of qualifying accounts receivable and inventory at any given month end and taking into account the excess credit availability under the ABL. The current interest rate under the ABL is 4.5%. Nu Horizons used approximately $37.5 million of the ABL proceeds to pay off and terminate its pre-existing U.S. and U.K. credit facilities and pay transaction fees.

Kurt Freudenberg, Executive Vice President and Chief Financial Officer, stated, “As we expand our international presence, we believe this ABL facility will provide the Company with global financing flexibility with less financial covenants and the necessary financing to meet our currently anticipated working capital requirements for our current growth initiatives. In addition, under certain circumstances we can exercise an accordion feature to increase the facility by $30,000,000 to a total of $110,000,000.”

About Nu Horizons Electronics Corp.

Nu Horizons Electronics Corp. is a leading global distributor of advanced technology semiconductor, display, illumination, power, system and telecommunication solutions to a wide variety of commercial original equipment manufacturers (OEMs) and electronic manufacturing services providers (EMS). With sales facilities in 54 locations across North America, Europe and Asia and regional logistics centers throughout the globe, Nu Horizons partners with a limited number of best-in-class suppliers to provide in-depth product development, custom logistics and life-cycle support to its customers. Information on Nu Horizons and its services is available at http://www.nuhorizons.com.

Cautionary Statement Regarding Forward-Looking Statements

Except for historical information contained herein, the matters set forth in this news release are forward-looking statements. When used in this press release, words such as “anticipate,” “believe,” “estimate,” “expect,” “intend” and similar expressions, as they relate to Nu Horizons or its management, identify forward-looking statements. Such forward-looking statements are based on the current beliefs of Nu Horizons’ management, as well as assumptions made by and information currently available to its management. Forward-looking statements involve certain risks and uncertainties that could cause actual results to differ from those in the forward looking-statements. Potential risks and uncertainties include such factors as the level of business and consumer spending for electronic products, the amount of sales of the Company’s products, the competitive environment within the electronics industry, the ability of the Company to expand its operations, the level of costs incurred in connection with the Company’s expansion efforts and the financial strength of the Company’s customers and suppliers. Investors are also directed to consider other risks and uncertainties discussed in documents filed by the Company with the Securities and Exchange Commission. Such statements reflect our current view with respect to the future and are subject to these and other risks, uncertainties and assumptions relating to Nu Horizons’ financial condition, results of operations, growth strategy and liquidity. The Company does not undertake any obligation to update its forward-looking statements.

Source: Business Wire (June 28, 2010 – 4:37 PM EDT)

Express IR (XIR) is an electronic publication, and is for informational purposes only. The stocks profiled by XIR are only company profiles and are not intended to be and should not be accepted by you as recommendations to buy or sell in these securities. These profiles are compiled from publicly available sources. Our sources include, but are not limited to, online research, company profiles, member suggestions, magazines, newspapers, analyst suggestions, broker recommendations, contact with the company, company rumors, press releases and other similar information sources. All profiles are based on information that is accessible by the public. Investing in stocks involves risk. XIR is not and does not hold itself out to be a registered broker or dealer or other licensed securities professional. You should consult a qualified, licensed financial advisor or stock broker before making any decisions to invest in the securities of any company that is described in these profiles. For compensation and complete disclaimer click here.

Contact:

Ralph Sharp
rsharp@expressir.com

More About Small Cap Stocks

6-25-10 The Small Cap Market Update from Express IR

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

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

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

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

Today’s Markets

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

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

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

Today’s Top Performers on the OTCBB

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

Friday’s Newsmakers:

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

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

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

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

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

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

About Tootie Pie Co.

Tootie Pie Company bakes and sells high-quality, handmade pies through three basic sales channels: retail, corporate and wholesale. The retail segment serves individual customers through sales in its Tootie Pie Gourmet Cafés, in-store sales, orders via telephone and internet on the Company’s website. The corporate segment serves businesses that purchase pies as a way to promote their company through client and employee appreciation programs. The wholesale segment is made up of national and regional broad line grocery and foodservice distributors who purchase pies and then resell them through their respective sales distribution channels. Tootie Pie Company is a public company traded on the NASDAQ OTC market under the symbol “TOOT.” For additional information or to receive correspondence from Tootie Pie Company, please visit www.tootiepieco.com.

Forward-Looking Statements

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

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

Express IR (XIR) is an electronic publication, and is for informational purposes only. The stocks profiled by XIR are only company profiles and are not intended to be and should not be accepted by you as recommendations to buy or sell in these securities. These profiles are compiled from publicly available sources. Our sources include, but are not limited to, online research, company profiles, member suggestions, magazines, newspapers, analyst suggestions, broker recommendations, contact with the company, company rumors, press releases and other similar information sources. All profiles are based on information that is accessible by the public. Investing in stocks involves risk. XIR is not and does not hold itself out to be a registered broker or dealer or other licensed securities professional. You should consult a qualified, licensed financial advisor or stock broker before making any decisions to invest in the securities of any company that is described in these profiles. For compensation and complete disclaimer click here.

Contact:

Ralph Sharp
rsharp@expressir.com

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

Tootie Pie Company continues its impressive string of month-over-month sales gains

Tootie Pie Company Inc. (OTC BB: TOOT) reported its eighth consecutive month-over-month sales increase. Eight consecutive months of sales increases speaks well to the ongoing success of Tootie Pie’s marketing strategies.

Tootie Pie Company announced that that May 2010 unit sales jumped 32%, versus May, 2009. This comes on the heels of a 13% jump in April 2010 versus April 2009. Tootie Pie also experienced strong pie sales from its two new Gourmet Cafés.

“Certainly, I expect this trend to continue,” added Merrill. “For example, I recently attended a marketing conference in New York City, where some of the top brands in America were present, networking and providing their insights as to the future trends affecting retailers.” Merrill said he was very pleasantly surprised at the interest many of these marketing executives expressed in Tootie Pie.

Tootie Pie recently announced that Tootie Pie is now carried in Toby Keith’s “I Love This Bar & Grill” at three Oklahoma locations: Bricktown in Oklahoma City, the Hard Rock Hotel in Tulsa and the newly opened WinStar Casino in Thackerville.

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

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

As Tootie Pie continues to increase sales and add new revenue producing restaurant customers, 2010 is shaping up to be a very strong year for the Tootie Pie Company.

Small Cap Voice (SCV) is an electronic publication, and is for informational purposes only. The stocks profiled by SCV are only company profiles and are not intended to be and should not be accepted by you as recommendations to buy or sell in these securities. These profiles are compiled from publicly available sources. Our sources include, but are not limited to, online research, company profiles, member suggestions, magazines, newspapers, analyst suggestions, broker recommendations, contact with the company, company rumors, press releases and other similar information sources. All profiles are based on information that is accessible by the public. Investing in stocks involves risk. SCV is not and does not hold itself out to be a registered broker or dealer or other licensed securities professional. You should consult a qualified, licensed financial advisor or stock broker before making any decisions to invest in the securities of any company that is described in these profiles. For compensation and complete disclaimer click here.

Contact:
Stuart T. Smith
CEO
512-267-2430
ssmith@smallcapvoice.com
http://www.smallcapvoice.com

More Tootie Pie Company (OTCBB: TOOT) News

6-24-10 The Small Cap Market Update from Express IR

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

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

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

Today’s Markets

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

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

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

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

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

Today’s Top Performers on the OTCBB

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

Tuesday’s Newsmakers:

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

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

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

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

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

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

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

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

Express IR (XIR) is an electronic publication, and is for informational purposes only. The stocks profiled by XIR are only company profiles and are not intended to be and should not be accepted by you as recommendations to buy or sell in these securities. These profiles are compiled from publicly available sources. Our sources include, but are not limited to, online research, company profiles, member suggestions, magazines, newspapers, analyst suggestions, broker recommendations, contact with the company, company rumors, press releases and other similar information sources. All profiles are based on information that is accessible by the public. Investing in stocks involves risk. XIR is not and does not hold itself out to be a registered broker or dealer or other licensed securities professional. You should consult a qualified, licensed financial advisor or stock broker before making any decisions to invest in the securities of any company that is described in these profiles. For compensation and complete disclaimer click here.

Contact:

Ralph Sharp
rsharp@expressir.com

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6-22-10 The Small Cap Market Update from Express IR

Stocks Fall In Volatile Session

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

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

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

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

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

Today’s Top Performers on the OTCBB

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

Tuesday’s Newsmakers:

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

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

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

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

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

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

About Heli Electronics Corp.

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

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

Forward Looking Statements

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

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

Express IR (XIR) is an electronic publication, and is for informational purposes only. The stocks profiled by XIR are only company profiles and are not intended to be and should not be accepted by you as recommendations to buy or sell in these securities. These profiles are compiled from publicly available sources. Our sources include, but are not limited to, online research, company profiles, member suggestions, magazines, newspapers, analyst suggestions, broker recommendations, contact with the company, company rumors, press releases and other similar information sources. All profiles are based on information that is accessible by the public. Investing in stocks involves risk. XIR is not and does not hold itself out to be a registered broker or dealer or other licensed securities professional. You should consult a qualified, licensed financial advisor or stock broker before making any decisions to invest in the securities of any company that is described in these profiles. For compensation and complete disclaimer click here.

Contact:

Ralph Sharp
rsharp@expressir.com

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6-21-10 The Small Cap Market Update from Express IR

Stocks Rise On China Exchange Rate News

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

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

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

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

Today’s Top Performers on the OTCBB

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

Monday’s Newsmakers:

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

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

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

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

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

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

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

About Aeterna Zentaris Inc.

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

Forward-Looking Statements

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

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

Express IR (XIR) is an electronic publication, and is for informational purposes only. The stocks profiled by XIR are only company profiles and are not intended to be and should not be accepted by you as recommendations to buy or sell in these securities. These profiles are compiled from publicly available sources. Our sources include, but are not limited to, online research, company profiles, member suggestions, magazines, newspapers, analyst suggestions, broker recommendations, contact with the company, company rumors, press releases and other similar information sources. All profiles are based on information that is accessible by the public. Investing in stocks involves risk. XIR is not and does not hold itself out to be a registered broker or dealer or other licensed securities professional. You should consult a qualified, licensed financial advisor or stock broker before making any decisions to invest in the securities of any company that is described in these profiles. For compensation and complete disclaimer click here.

Contact:

Ralph Sharp
rsharp@expressir.com

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