Posts Tagged ‘Stock Market News’

Most job openings provide a description of the position available to include responsibilities and qualifications. For example, I searched Monster.com for a random plant manager position at a Fortune 500 company. There were several listings, and the responsibilities were consistent on all of them.

Some of the responsibilities included plant wide order entry system, driving key initiatives, quality control, profit and loss, staffing and training, etc.

There was a minimum of ten years of managerial experience at multiple levels required as well as a bachelor degree, with a masters’ degree being preferred. These were performance based positions, meaning salary plus bonus for achieving certain metrics of that would indicate success. It is reasonable to expect the people that run a complex organization to be educated, have experience, and be compensated for performance.

Wouldn’t it make sense that the people in charge of keeping the economic train on its tracks have some minimum requirements, just like every other job in America? I’m not talking about a law degree. That’s a given.

Let’s start with the basics. From now on, to run for political office at any level higher than dog catcher, you had to work in the private sector for more than a summer internship. Let’s say 5 years of being responsible for creating or manufacturing something other than a reputation. As for leadership, the average 23 year old Army sergeant has significantly more leadership experience than 90% of the “leaders” inside the beltway. How about profit and loss responsibility? Wouldn’t it be ideal for the people responsible the federal checkbook to know what one looks like?

These minimum requirements aren’t too much to ask of the people with the greatest influence on expanding the economy and creating jobs. The point is probably moot. The way things look, quite a few of these folks will be logging on to Monster.com soon enough.

Today’s Markets

Increases in new-home sales and continued optimism over second-quarter earnings, let the Dow into positive territory for the year as the Dow Jones Industrial Average finished up 100 points to close at 10,525.43 in very light trading. The Nasdaq Composite gained 26.96 to 2296.

A pleasant change from recent weak economic data, new-home sales jumped 23.6% in June from the previous month, much better than the 3.7% gain expected by forecasters.
Two weeks into earnings season, results leave traders optimistic. With nearly half of the companies in the S&P 500-stock index having reported earnings by Friday’s close, almost three fourths beat operating estimates from S&P and analysts’ sales estimates.

The dollar slipped against the euro and the yen, with the U.S. Dollar Index, which tracks the U.S. currency against a basket of six others, off 0.5%. The euro hovered just below the $1.30 level, trading at $1.2989, up from $1.2916 late Friday. Treasuries edged lower, pushing the yield on the 10-year note up to 3.00%. Crude-oil futures slipped slightly, while gold futures also fell.

Today’s Top Performers on the OTCBB

Company	Symbol	Last		Chg	%Chg	Open	High	Low	Vol
Astrotech Corp.	ASTC	1.83		0.54	41.86%	1.32	1.93	1.32	2.3 m
Trico Marine Servi	TRMA	0.87		0.21	31.82%	0.70	0.95	0.64	1.31 m
CombiMatrix Corp.	CBMXW	0.25		0.057	29.53%	0.25	0.25	0.25	1,000
First Financial Ba	FFBCW	7.98		1.63	25.67%	6.93	7.98	6.43	22.98 k
Seanergy Maritime	SHIPW	0.05		0.01	25.00%	0.048	0.05	0.045	105 k
Authentidate Holdi	ADAT	0.70		0.13	22.81%	0.58	0.71	0.58	124.44 k
Pacific Ethanol In	PEIX	0.54		0.098	22.17%	0.43	0.54	0.43	5.81 m
Pacific Capital Ba	PCBC	0.8777		0.1577	21.90%	0.73	0.885	0.72	3.02 m
ONYX Pharmaceutica	ONXX	26.04		4.54	21.12%	23.81	26.19	23.27	9.21 m
VisionSciences Inc.	VSCI	1.33		0.23	20.91%	1.12	1.53	1.0701	1.11 m

Monday’s Newsmakers:

Mission Oaks Bancorp Raises $7 Million in New Capital

Jul. 26, 2010 (Business Wire) — Mission Oaks Bancorp, Inc. (OTCBB:MOKB), whose principal subsidiary is Mission Oaks National Bank, announced the successful completion of the sale of $7 million in new common stock under the terms of a private placement offering that closed on July 26, 2010. The shares were sold for $4 per “unit.” Each unit included four shares of common stock and a warrant that entitles the investor to purchase an additional share for $1 per share in 2013. Mission Oaks Bancorp plans to use the proceeds to bolster the capital of Mission Oaks National Bank.

“I am pleased to report that we were able to successfully raise the full $7 million that we were seeking,” said Gary Votapka, president and chief executive. “The last few years have been very difficult for community banks, especially for those in the Inland Empire. It is gratifying to know that the directors, shareholders and new investors who purchased our stock are confident that we will be able to continue to play a role as one of the dominant independent banks in our market.”

On a pro forma basis reflecting the offering and Mission Oaks National Bank’s existing capital on June 30, 2010, the bank’s Tier I Capital ratio would have been 10.60 percent and its Total Risk Based Capital ratio would have been 16.18 percent. Both of these ratios significantly exceed the respective 9 percent and 12 percent ratios required under a consent order that Mission Oaks signed on May 12, 2010, with its primary regulator, the Office of Comptroller of the Currency.

“Nearly every community bank in Southern California is under some form of regulatory agreement, and many of them call for additional capital to be raised,” Votapka explained. “We are one of the few companies that have successfully done that.”

“The banking regulators play an important role in oversight of banks in a negative economic climate like the one we are in,” stated Mission Oaks Chairman Robert Knogge. “They work to develop agreed upon strategies with their bank constituents to quickly and appropriately restore the health of those banks that have been most seriously affected. The Inland Empire was probably hit the hardest, in terms of economic damage, of all of Southern California. Our customers have been hurt and to the extent we serve those customers, we are affected too. It’s been a tough period to endure.”

Mission Oaks National Bank is a federally chartered community bank that is committed to serving consumers and businesses in Southern California. The bank offers personalized services and products through four full-service branch offices in Temecula, Lake Elsinore and Fallbrook.

Mission Oaks Bancorp common stock is traded over the counter under the stock symbol MOKB.OB. For more on Mission Oaks National Bank visit its Web site at www.missionoaksbank.com.

Safe Harbor

Certain statements in this press release, including statements regarding the anticipated development and expansion of Mission Oaks’ business, and the intent, belief or current expectations of Mission Oaks, its directors or its officers, are “forward-looking” statements (as such term is defined in the Private Securities Litigation Reform Act of 1995). Because such statements are subject to risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. These risks and uncertainties include, but are not limited to, risks related to the local and national economy, the Bank’s performance, regulatory matters and those discussed in filings by the Bank with the Office of the Comptroller of the Currency and by Mission Oaks with the Federal Reserve Board.

Source: Business Wire (July 26, 2010 – 2:52 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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What ever happen to learning from your mistakes? Where’s the value in trial and error? What happened to the phrase “if at first you don’t succeed, try, try again? The federal government is here to make all these concepts obsolete. We’re not capable of making big boy decisions anymore. Big business certainly isn’t capable of running itself with massive federal intervention.

Corporate America falls into several categories. AIG was too big to fail. General Motor’s was so poorly run, the federal government, comprised mostly of a bunch of professional politicians who couldn’t run a lemonade stand, took over.

It’s a slippery slope we’re on. The recently passed Financial Regulation creates the federal authority to take control of any financial services company that they deem financially unstable. Kenneth Feinberg, the administration’s executive compensation czar was assigned the task of reigning in ill-advised bonuses paid by AIG, Goldman Sachs, and Bank of America on the heels of receiving TARP money.

These are shareholder, board of director issues. If shareholders and money managers do their due diligence, the market will regulate over time, the board will punish bad management and the federal government could go back to doing whatever it is they do.

What’s next? Will IBM have to send in their office supplies orders for federal approval? Let the bad companies fail, and stay out of the way of the good companies so they can keep this fragile economy from driving off the edge of the cliff.

Today’s Markets

Stocks are higher in the last session of the week as the Dow Jones Industrial Average was up 113 points, or 1.1%, to 10434 in late Friday trading. The S&P 500 climbed 0.7% to 1101, led by its industrial and material sectors. The Nasdaq Composite advanced 0.6% to 2259.

The move came as most of Europe’s biggest banks passed stress tests aimed at shoring up confidence in the region’s economy.

Officials led by the European Central Bank tested 91 banks, and all the major lenders passed, with only 7 failing. The test showed Europe’s banks could suffer approx $730 billion in asset write downs and trading losses over the next two years should the region suffer a recession and an interest rate spike tied to national solvency fears.

Leading the Dow was Verizon Communications up 3.5% after the telecommunications giant’s earnings excluding charges beat analysts’ forecasts. General Electric was up 3%, after raising its quarterly dividend by 20%, in the first increase since it was cut more than a year ago. The company also said it will restart stock buybacks this quarter after nearly two years.

The euro was recently trading at $1.2896, down from $1.2892 late Thursday in New York. The U.S. Dollar Index, reflecting the U.S. currency against a basket of six others, slipped 0.1%. Demand for Treasuries edged down, pushing the yield on the 10-year note up to 2.97%. Crude-oil prices declined, while gold futures rose.

Today’s Top Performers on the OTCBB

Company	Symbol	Last		Chg	%Chg	Open	High	Low	Vol
Willow Creek Enter	WLOC	0.55		0.485	746.15%	0.55	0.55	0.55	200
ZAP.COM Corp.	ZPCM	0.10		0.08	400.00%	0.10	0.10	0.10	200
Gilla Inc.	GLLA	0.06		0.046	328.57%	0.029	0.06	0.029	30 k
Mainstreet Financi	MSFN	0.11		0.083	307.41%	0.0685	0.11	0.0685	11.22 k
Moneylogix Group I	MLXG	0.50		0.37	284.62%	0.50	0.50	0.50	500
Capital Resource A	CRRA	0.006		0.0039	185.71%	0.006	0.006	0.006	5 k
Mirenco Inc	MREO	0.11		0.07	175.00%	0.04	0.11	0.04	1.43 k
Carthew Bay Techno	CWBYF	0.008		0.005	166.67%	0.0081	0.0081	0.008	1,000
RainEarth Inc.	RNER	0.005		0.003	150.00%	0.005	0.005	0.005	5.5 k
Blue Earth Solutio	BESNE	0.028		0.015	115.38%	0.028	0.028	0.028	100

Friday’s Newsmakers:

CoroWare to Present at FSXOne Conference in Fort Lauderdale, Florida

Jul. 23, 2010 (GlobeNewswire)

REDMOND, Wash., July 23, 2010 (GLOBE NEWSWIRE) — CoroWare, Inc. (OTCBB:COWI) today announced that it will be a first time presenter at FSX (Financial Services Exchange, Inc.) investors conference in Fort Lauderdale.

The company is presenting at the conference to gain exposure to an audience of FINRA member firms and independent broker-dealers that FSX has been bringing to their conferences over the past 27 years.

“We tagline our conferences ‘Connect for Success’ because presenting companies and funding sources build successful working relationships,” said Judy Ensweiler, Executive Director of FSX. “We realize, it takes good companies, meeting with good funding sources, to create a win-win situation, which is always our goal.”

CoroWare will be presenting on the morning of Friday, July 30, 2010, and will highlight its affordable video conferencing service – CoroCall – by including senior management team members who will be presenting live from California and Washington State.

“Over the past 2 years, CoroWare’s employees and management team have been working toward a financial turn-around with the objective of achieving profitability in 2010,” said Lloyd Spencer, CEO of CoroWare, Inc. “We look forward to presenting to and meeting with prospective finance partners who are capable of helping CoroWare rebuild its financial foundation both in the short and long term.”

For questions about CoroWare investor relations, please contact us at investor@coroware.com or 1-800-641-CORO (2676), option 4.

About Financial Services Exchange, Inc.

Founded in 1983, FSX is one of the most reputable and established national alliances in the country for broker/dealer firms. FSX hosts quarterly investment conferences around the country, providing opportunities for networking and one-on-one communication between broker/dealers and presenting companies. Their conferences provide a forum where investment sponsors and FINRA registered principals can meet and communicate without interruption. FSX conferences also provide a forum for direct investment programs, mutual funds, and asset management companies. For more information visit: www.fsx1.com.

About CoroWare

Headquartered in Redmond, Washington, CoroWare is a solutions integrator with expertise in affordable telepresence, business applications, and mobile robotics. For more information on CoroWare’s products and services, please visit www.coroware.com.

The names of actual companies and products mentioned herein may be the trademarks of their respective owners. This press release is written using forward-looking statements pursuant to the Private Securities Litigation Reform Act of 1995: http://www.sec.gov/about/laws/sea34.pdf (Sec. 21E p. 223).

CONTACT:  
CoroWare, Inc.
Investor Relations Contact:
Lloyd Spencer
(800) 641-2676, Option 4
investor@coroware.com

Source: Globe Newswire (July 23, 2010 – 2:45 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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The Dodd-Frank Financial reform bill is the political response to the financial crisis that began in the fall of 2008. Remember all those sub-prime mortgages designed to get people mortgages who couldn’t qualify under reasonable circumstances? How about the interest-only loans or adjustable rate mortgages (ARM’s) designed to get home buyers into a far bigger mortgage than they could afford? Well this bill does little to address that issue.

The bill doesn’t address Freddie Mac or Fannie Mae.  Freddie and Fannie were placed in conservatorship of the Federal Housing Finance Agency in 2008. At the precipice of the crisis, the Congressional Finance Committee encouraged Freddie and Fannie to absorb most of the subprime mortgages, at one point holding over half of all mortgages, and including all sub-primes. Freddie and Fannie deserve a considerable share of the blame for the crisis, but they continue to have strong political support by the snakes on both sides of the gutter.

Then there is the consumer. When the market went against consumers holding ARM’s and foreclosures skyrocketed, everyone was held accountable. Everyone that is, except the three most culpable parties, Fannie, Freddie, and the consumer.

Politicians became the worst opportunists leveraging their constituents’ personal crisis for political gain. Shame on you, they barked to everyone associated with the mortgage industry, except Freddie and Fannie, for predatory lending practices.

As far as consumers, you know there is no law for reading the fine print or even crazier, living within your means. While no reasonable person wants to see someone suffer or go through the personal pain of a foreclosure, at some point consumers should accept responsibility and stop blaming financial institutions for all their problems. Maybe, just maybe, we can then get the Federal Government to stay out things they don’t do well. But then what would they do with all that free time?

Today’s Markets

Federal Reserve Chairman Ben Bernanke said Wednesday the central bank is not prepared to consider further stimulus in the near term despite what he called an “unusually uncertain” outlook. These comments led to broad declines in U.S. financial markets as the Dow Jones Industrial Average fell in the last two hours of trading to end down 109.43 points, or 1.07%, closing at 10120.53. The Nasdaq Composite dropped 1.58% to 2187.33.

Instead, Mr. Bernanke didn’t announce any new measures, offering instead a pessimistic outlook. He remained focused on how the central bank will need to tighten conditions to prevent inflation “at some point.”

Worries about the economic outlook outweighed better-than-expected second-quarter earnings from a number of companies, which extended a generally upbeat picture from the U.S. corporate world.

The euro was trading recently at $1.2766, down from $1.2893 late Tuesday in New York, while the dollar slipped against the yen. The 10-year Treasury note was up, pushing its yield down to a recent low of 2.866%. Crude-oil prices slipped below $77 a barrel after a government report showed across-the-board gains in oil and fuel inventories, a reversal after two weeks of tightening supplies.

Today’s Top Performers on the OTCBB

Company	Symbol	Last		Chg	%Chg	Open	High	Low	Vol
Northport Network	NNWS	0.50		0.45	900.00%	0.50	0.50	0.50	100
CardioGenics Holdi	CGNH	0.32		0.2801	702.01%	0.30	0.60	0.30	101.38 k
Power Air Corp.. N	PWAZ	0.51		0.43	537.50%	0.089	0.51	0.089	1.99 k
Pacific Copper Cor	PPFP	0.03		0.018	150.00%	0.025	0.03	0.025	55 k
Globalink Ltd.	GOBK	0.05		0.03	150.00%	0.02	0.05	0.02	65.82 k
Mobile Star Corp.	MBST	0.0049		0.0027	122.73%	0.0049	0.0049	0.0049	94.81 k
TBC Global News Ne	TGLN	0.0002		0.0001	100.00%	0.0001	0.0002	0.0001	5.77 m
Encompass Group Af	ECGA	0.0002		0.0001	100.00%	0.0002	0.0002	0.0002	600 k
Capital Resource A	CRRA	0.006		0.003	100.00%	0.004	0.006	0.004	33 k
BlackHawk Fund	BHWF	0.0002		0.0001	100.00%	0.0002	0.0002	0.0002	1.38 m

Wednesday’s Newsmakers:

Fund.com’s Majority-Owned Subsidiary, AdvisorShares, Launches First Actively Managed International Exchange Traded Fund (ETF)

WCM/BNY Mellon Focused Growth ADR ETF (AADR)

Jul. 21, 2010 (PR Newswire)

NEW YORK, July 21 /PRNewswire-FirstCall/ — Fund.com, Inc., (OTC Bulletin Board: FNDM) said today that its majority-owned subsidiary, AdvisorShares Investments, LLC, a leading sponsor of actively managed ETFs, began trading in the industry’s first actively managed international ETF, the WCM/BNY Mellon Focused Growth ADR ETF (NYSE: AADR) today.

AADR is sub-advised by institutional money manager WCM Investment Management (WCM). BNY Mellon is the world’s largest depositary for American Depositary Receipts (ADRs) and will provide the primary benchmark to the Fund as well as expertise within the ADR industry to the portfolio management team. WCM will implement its investment strategy through the use of ADRs.  ADRs may be attractive to U.S. investors for accessing international markets and also provide convenience from a trading and settlement perspective.

“WCM Investment Management has experience with this strategy within other investment vehicles that follow this very thoughtful fundamental investment process to construct their portfolios. We are excited to bring investors special access to this unique, first-of-its-kind strategy as well as to this institutional quality investment advisory firm,” said Noah Hamman, CEO and founder of AdvisorShares.

The investment objective of AADR is long-term capital appreciation above international benchmarks such as the BNY Mellon Classic ADR Index and the MSCI EAFE Index.  AADR strives to provide a high-quality, large-cap growth portfolio for the non-U.S. universe. The portfolio, which includes developed and emerging markets, is purposely very different from international benchmarks and other international funds. WCM achieves this differentiation by concentration (20–to-30 holdings) and an emphasis on traditional growth sectors such as technology, healthcare and consumer staples/discretionary.  The AADR portfolio management team seeks to invest in businesses that appear likely to benefit from long-lasting global trends, growing competitive advantages and a superior corporate culture. Finally, WCM recognizes the role valuation plays in investment returns and therefore seeks to pay a reasonable price for companies.

WCM Investment Management President and Co-CEO Paul R. Black said, “At WCM, our investment strategy is driven by timeless principles that we believe are poised to outperform extremely inefficient international benchmarks.”

Black added, “In bringing AADR to market with AdvisorShares, we can now offer our investment philosophy via an exchange traded vehicle, which will be available to those institutional as well as retail investors who ordinarily would not have access to our firm.”

Before investing you should carefully consider the Funds’ investment objectives, risks, charges and expenses. This and other information is in the prospectus, a copy of which may be obtained by visiting the Funds’ website at www.AdvisorShares.com. Please read the prospectus carefully before you invest.

An investment in the AADR ETF is subject to risks, which include concentration risk, foreign securities and currency risk, emerging markets risk, large-cap risk, early closing risk, counterparty risk and trading risk, which can increase Fund expenses and may decrease Fund performance. The Fund is, also, subject to the same risks associated with the underlying ETFs, which can result in higher volatility.

An investment in ETFs is subject to risk, including the possible loss of principal amount invested. The risks associated with each Fund include the risks associated with the underlying ETFs, which can result in higher volatility, and are detailed in each Fund’s prospectus and on each Fund’s webpage. Newly organized, actively managed Funds have no trading history and there can be no assurance that active trading markets will be developed or maintained.  The Funds may not be suitable for all investors.

BNY Mellon Classic ADR Index combines the over the counter (OTC) traded ADRs with exchange-listed ADRs bringing transparency to the available universe of American Depositary Receipts, including those issued by many of the world’s premier companies.  They are capitalization-weighted and adjusted for free-float utilizing Dow Jones’ current methodology. The MSCI EAFE Index is an unmanaged free float-adjusted market capitalization index that is designed to measure the equity market performance of developed markets, excluding the US & Canada.  One cannot invest directly in an index.

Foreside Fund Services, LLC is the distributor of the AdvisorShares ETFs.

About Fund.com

Fund.com’s subsidiary, AdvisorShares Investments, LLC, creates actively managed ETFs for investment advisers, earning its revenue from a share in the investment advisors’ management fees.

Fund.com also is an online content provider and lead generation platform for investment funds and other financial services providers. Its objective is to engage individual investors and to match their needs with interested fund product providers. The www.fund.com website is approachable to everyday investors and is an educational and research resource.  Fund.com also is an education provider.

About AdvisorShares

AdvisorShares is a turnkey platform for investment managers seeking to offer their investment strategy in an actively managed ETF.  AdvisorShares works with some best-of-breed money managers to combine their money management expertise with the benefits the ETF structure provides.  AdvisorShares provides sales, marketing and educational support to help financial advisors use AdvisorShares ETFs to help them achieve their clients’ investment goals and objectives.  AdvisorShares is a leader in actively managed ETFs and is dedicated to investor education. Visit our website at www.advisorshares.com to learn more about us.

Forward-Looking Statements:

Statements in this press release regarding future performance and the potential advantages of the products and services provided by Fund.com, and any other statements about future expectations, beliefs, goals, plans, or prospects expressed constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Any statements that are not statements of historical fact (including statements containing the words “will,” “believes,” “plans,” “anticipates,” “expects,” “estimates,” and similar expressions) should also be considered to be forward-looking statements. There are a number of important factors that could cause actual performance or events to differ materially from those indicated by such forward-looking statements including the Company’s limited operating history and economic conditions generally. Additional information on potential factors that could affect results and other significant risks and uncertainties are detailed from time to time in Fund.com’s periodic reports, including Forms 10-K, 10-Q, 8-K, and other forms filed with the Securities and Exchange Commission.

PR/Media Relations for Fund.com:        
Stern & Co.    
Richard Stern
212-888-0044     
richstern@sternco.com

SOURCE Fund.com, Inc. Source: PR Newswire (July 21, 2010 – 4:08 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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I ran across this PC World Magazine article from a few years ago (Oct 2008) that reviewed some interesting predictions from the world of personal technology over the past 25 years. A few of the predictions fell a little short.

There was the 1987 prediction “When you walk into an office in 1998, the PC will sense your presence, switch itself on, and promptly deliver your overnight e-mail, sorted in order of importance.”

Then there was the 1994 prediction that “Within five years… batteries that last a year, like watch batteries today, will power [PDAs].”

My favorite prediction comes from 2000, “computers that pay attention to you, sensing where you are, what you’re doing, and even what your vital signs are… Products incorporating this kind of technology…could hit the market within a year.”

While it appears to be a long way until this technology is available to the mainstream market, what is readily available on the shelf at any tech retailer or mobile phone provider is remarkable.

We are tethered to nothing, capable of remote everything. We have access to more information on our phones that previous generations housed at the largest and finest academic institutions in the world.  And it’s getting more interesting all the time.

One prediction for the next 10-20 years is devices with sufficient sensory sophistication and massive information transmission power will give everyone the emotional experience of “being” anywhere. Stanley Williams, director of the quantum structures research initiative at Hewlett-Packard Labs, expects football fans will be able to experience a game “from the standpoint of any of the players on the field, or the referees. You could watch a drama or a comedy as some sort of disembodied spirit somewhere within the scene, or even from the perspective of one of the characters in the scene.”

If that one comes true, I could be really productive at work, or goofing off at a whole new level.

Today’s Markets

Stocks staged a late rally to finish in positive territory for the second day in a row, shaking off deep losses as optimism grew ahead of earnings and guidance from the Federal Reserve.

The Dow Jones Industrial Average erased triple-digit losses to finish up 75.53 points, or 0.74%, at 10229.96.  The Nasdaq Composite Index gained 1.1% to finish at 2222.49. The Standard & Poor’s 500-share index rose 1.1% to close at 1083.48.

The market started the day down heavily on the back of lower-than-expected corporate earnings, before launching a noontime surge that lasted the rest of the session.

Investors shrugged off the June slide in housing starts by a more-than-expected 5% to a seasonally adjusted annual rate of 549,000. Economists had been expecting a 3.2% drop. However, June building permits increased 2.1%, more than the expected 0.7% rise.

Today’s Top Performers on the OTCBB

Company	Symbol	Last		Chg	%Chg	Open	High	Low	Vol
Energy Composites	ENCC	1.90		1.70	850.00%	1.89	1.90	1.89	2.5 k
Cell Kinetics Ltd.	CKNWE	0.009		0.008	800.00%	0.009	0.009	0.009	244
Vaughan Foods Inc.	FOODW	0.049		0.034	226.67%	0.05	0.05	0.049	15 k
Medical Makeover C	MMAM	0.01		0.006	150.00%	0.0043	0.01	0.0043	10 k
eLandia Internatio	ELAN	0.40		0.22	122.22%	0.40	0.40	0.40	100
Intelligent Living	ILVC	0.0043		0.0023	115.00%	0.0012	0.0043	0.0012	410.57 k
Cleartronics Inc.	CLRI	0.011		0.0056	103.70%	0.01	0.011	0.01	3.5 k
Unico Inc.	UNCO	0.0002		0.0001	100.00%	0.0002	0.0002	0.0001	3.2 m
InterlinkUSNetwork	IUSN	0.10		0.05	100.00%	0.08	0.12	0.05	52.29 k
Blackhawk Capital	BHCG	0.08		0.04	100.00%	0.08	0.08	0.08	2 k

Tuesday’s Newsmakers:

Welwind Energy International Negotiates Terms and Conditions for Inner Mongolia Financing — Opens Office in Hong Kong

Jul. 20, 2010 (GlobeNewswire)

HONG KONG, July 20, 2010 (GLOBE NEWSWIRE) — Welwind Energy International Corp. (OTCBB:WWEI) (the “Company”) announces that Mr. Simon Wong, Director of Welwind Energy, has successfully negotiated terms and conditions for financing of the Company’s Inner Mongolia project. The financing is for $105 Million Rmb ($15.5 Million USD). Terms and conditions of the financing to be announced, along with the name of the funder, upon closing.

The Company would like to thank Mr. Wong for his success in coordinating the financing for the Company and his efforts in marketing Welwind Energy within the Hong Kong financial community. Mr. Wong continues to work on Welwind’s behalf on many aspects of finance, along with mergers and acquisitions.

In order to further the company’s finance and expansion efforts, Welwind has opened an Office in Hong Kong, to be headed by Mr. Wong. “Hong Kong has been ranked # 1 globally in 2009 for IPO fundraising — US$31.3 billion, and # 4 globally in terms of total funds raised, including post-IPOs, of US$81.4 billion. Opening an office in Hong Kong will allow Welwind to have access to these Asian investors,” said Larry McNabb, President of Welwind Energy. Adds McNabb, “With a large demand by Asian Investors wanting to invest in Welwind Energy, Welwind’s Hong Kong office will begin exploring the option of a dual listing on the Hong Kong Stock Exchange. Companies are attracted to listing on the Hong Kong Exchange to benefit from the market’s liquidity, attractive valuations and access to investors in Asia.”

ABOUT WELWIND

Welwind Energy International Corp. is committed to providing the best resource option available for renewable energy, protecting our environment, empowering communities, bolstering local economies and respecting the rights of future generations. Welwind Energy International was founded to build, own and operate wind farms on an international scale. The company’s goal is to become a leading provider of clean energy products for the residential, business and governmental consumer.

The Welwind Energy International Corporation logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=3727

This news release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance and underlying assumptions and other statements, which are other than statements of historical facts. These statements are subject to uncertainties and risks including, but not limited to, risks set forth in documents filed by the company from time to time with the Securities and Exchange Commission. All such forward-looking statements, whether written or oral, and whether made by, or on behalf of, the Company, are expressly qualified by these cautionary statements and any other cautionary statements which may accompany this news release.

CONTACT:  
Welwind Energy International
Larry McNabb, President
1-866-677-2072
1-866-677-2072      
ld@welwind.com

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

Contact:

Ralph Sharp
rsharp@expressir.com

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• A case for investing in small cap banks « Variant Perceptions – A case for investing in small cap banks. July 12, 2010 by PlanMaestro. Continuing with our most important theme lately, today in Bloomberg there is an interview with mutual fund manager David Ellison. It points out pretty well the case …

• comment on lifecycle funds: look but don’t touch by target … – […] from generation x does a good job of explaining all, in this lifecycle fund post. and much like him, i’ve seen a lot of mangled retirement allocations in my day. it’s […]

• Small Cap Penny Stock Gainers at the Open PTSC, TWWI, STTN, WAMUQ … – Jul 20, 2010 Boca Raton,FL– TheStockwizards.net Current OTC-OTCBB Penny Stocks that are off to a fast start in first 30 minutes of trading on active volume include: PTSC, TWWI, STTN, WAMUQ, STHG Stop by Our Website at http://www.

The 150th British Open Golf Championship is taking place this week in the hamlet of St. Andrews, Scotland. It’s called simply ‘The Open Championship’ in the United Kingdom because as golf’s original championship tournament held in the birthplace of golf, literally and figuratively, it doesn’t need to be distinguished from the United States Open or the Canadian Open. There are several other variables that distinguishes’ the British Open from most other golf championships. It always held on a seaside, links style (no trees and flat), windswept course and weather always comes into play.

Like our U.S. Open it is open to all comers who can qualify for the tournament. There are strict entry qualifications and the process is grueling for the very best of the very best, but it is open nonetheless, for anyone with the skill and desire to compete at the highest levels.

There is something very entrepreneurial and capitalist about all this. An individual makes a decision to get involved in an endeavor. That individual makes the personal sacrifice and investment to reach the level of excellence required to enter the competition. While some participants are pedigreed and given some level of competitive advantage, others will have to rely on some combination of God-given talent and sheer unwavering determination. It takes years of preparation and focus for the mere privilege to compete.

American business, particularly small business shares a very similar path. It starts with a vision. Some entrepreneurs have personal benefactors, family or otherwise, with the financial wherewithal to finance an operation until it becomes’ a viable entity. Others start on a shoestring budget, use a fistful of personal credit cards, and toil day and night just to keep the dream alive. In both scenarios, some make it, some don’t.

What is true at this week’s Open Championship is also true in the world of small business. It is all predicated on vision, focus, talent, hard work, and the ability to negotiate obstacles. And that is just for the right to compete.

Today’s Markets

U.S. stocks took a nosedive in Friday’s session as disappointing earnings reports and concerns about the economy sent the Dow Jones Industrial Average down 253 points to 10,105. All major indexes which ended a seven-day winning streak in Thursdays’ session, are down for the week. The Nasdaq Composite declined 2.8%, to 2184, weighed down by the 6.3% drop in Google, which posted disappointing second-quarter results as its search business continued to show signs of slowing growth.

Investors turned pessimistic about growth prospects for major U.S. companies as Bank of America, Citigroup and General Electric posted subpar results. There also was uncertainty about how financial-regulatory overhaul will hurt earnings for the banking sector, which was the biggest decliner on the Standard & Poor’s 500-stock index Friday.

Today’s Top Performers on the OTCBB

Company	Symbol	Last		Chg	%Chg	Open	High	Low	Vol
Structural Enhance	EMWW	0.30		0.297	9,900.00%	0.21	0.30	0.21	800
Hydron Technologie	HTEC	0.03		0.0273	1,011.11%	0.03	0.03	0.03	5 k
VOIS Inc.	VOIS	0.0099		0.0069	230.00%	0.003	0.0099	0.003	610.63 k
Camelot Entertainm	CMGRD	0.14		-0.02	-12.50%	0.16	0.51	0.131	41.26 k
Geopulse Explorati	GPLS	1.05		0.70	200.00%	1.05	1.07	1.045	15 k
Intelligent Living	ILVC	0.003		0.0019	172.73%	0.003	0.003	0.003	102 k
We Save Homes Inc.	WESA	1.00		0.60	150.00%	1.00	1.00	1.00	200
MyECheck Inc.	MYEC	0.071		0.042	144.83%	0.071	0.071	0.02	11.1 k
Kabe Exploration I	KABX	0.44		0.24	120.00%	0.44	0.44	0.44	175 k
Applied Visual Sci	APVS	0.69		0.37	115.62%	0.32	0.32	0.32	72.05 k

Friday’s Newsmakers:

Smart-Tek Signs Strategic Partner in PEO Business

Contract valued at $20 million in annual payroll revenue

Jul. 16, 2010 (PR Newswire)

NEWPORT BEACH, Calif., July 16 /PRNewswire-FirstCall/ — Smart-Tek Automated Services, Inc. (OTC Bulletin Board: STTN) has signed an agreement with a strategic partner wherein the partner will commit to producing $20 million in annual payroll revenue.

Kelly Mowrey, COO of Smart-Tek Automated Services, Inc., said, “Our new partner is bringing significant experience and client base to our PEO business. This agreement will promote and market our business and services to prospective business customers. We will be working together on a nationwide basis.”

Please visit www.smart-tekservices.com for further information.

About Smart-Tek Solutions, Inc.:

The parent, Smart-Tek Solutions, Inc., generates revenue from the installation of security systems in construction projects. Its board is currently in negotiations to sell its original business and focus entirely on the PEO business of its wholly owned subsidiary, in order to achieve the best value for its shareholders. The original business generated $3.3 million and $3.8 million of revenue in 2009 and 2008 respectively, and $0 and ($3.1) loss of earnings in 2009 and 2008 respectively.

About Smart-Tek Automated Services, Inc.:

Smart-Tek Automated Services, Inc. provides financial services to small and medium-size businesses, relieving its clients from many of the day-to-day tasks that negatively impact their core business operations such as payroll processing, human resources support, workers’ compensation insurance, safety programs, employee benefits, and other administrative and aftermarket services predominantly related to staffing: staff leasing, temporary staffing and co-employment. It not only provides core services but a wide selection of employee and employer benefits and aftermarket products.

Safe Harbor:

Statements in this press release that are not historical facts are forward-looking statements, including statements regarding future revenues and sales projections, plans for future financing, the ability to meet operational milestones and marketing arrangements and plans. Estimated revenues from its Smart-Tek Solutions, Inc., subsidiary are somewhat subjective and based on information available to the Company at the time of the determination. Also, such statements reflect management’s current views, are based on certain assumptions and involve risks and uncertainties. Actual results, events, or performance may differ materially from the above forward-looking statements due to a number of important factors, and will be dependent upon a variety of factors, including, but not limited to, the continued growth of business as planned including the fruition of new agreements in hand, existing business staying intact, and our ability to obtain additional financing that will allow us to continue our current and future operations and whether demand for our products and services in domestic and potential international markets will continue to expand. The Company undertakes no obligation to publicly update these forward-looking statements to reflect events or circumstances that occur after the date hereof or to reflect any change in the Company’s expectations with regard to these forward-looking statements or the occurrence of unanticipated events. Factors that may impact the Company’s success are more fully disclosed in the Company’s most recent public filings with the U.S. Securities and Exchange Commission, including its annual report on Form 10-K for the year ended , and its subsequent filings with the SEC.

SOURCE Smart-Tek Solutions, Inc.

Source: PR Newswire (July 16, 2010 – 11:00 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

–

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With congressional and senate support, President Obama is expected to let the Bush Tax cuts expire at the end of 2010. Estimates on the tax increase to U.S. citizens’ range from $500 billion to $1 trillion. While the additional revenue is one way to help pay for the massive federal spending increases, the taxes on businesses and investors will be very significant.

In 2003, capital gains tax rates were reduced from 20 percent to 15 percent and from 10 percent to 5 percent depending on individual tax brackets. Surprising to some economists, capital gains revenues more than doubled to $103 billion according to the CBO, rather than projected 36 percent increase.

Lower capital gains taxes encourage investing which increases funding for research and development, expansion, and start up. Such investment is vital for long-term economic growth. And because investors are tax-sensitive, high capital gains tax rates are not only bad economic policy, but also bad budget policy.

The unintended consequences from a shallow campaign promise, probably more designed to pander to one group or another is a borderline disastrous idea. A good leader evaluates the landscape, anticipates environmental changes, and charts an appropriate course of action.

Tax revenues are a function of tax rates and tax base. History has demonstrated time and time again that tax revenue grows greatest when the economy expands. More importantly, there is an inverse relationship between tax base and tax rates. Since the early 1950’s the highest marginal income tax rate has dropped from 92 percent to 35 percent, and tax revenues have grown in inflation-adjusted terms while remaining constant as a percent of GDP. Go figure.

Today’s Markets

The streak is over as stocks slipped the Dow Jones industrial average lost 64 points, or 0.6%, and the market broke its seven-day winning streak. The Nasdaq composite lost 14 points, or 0.6%.

On Wednesday, the Federal Reserve lowered its forecast for GDP growth this year. On Thursday, a report showed that weekly jobless claims fell to a two-year low — but continuing claims, a measure of long-term joblessness, rose. Weak reports on manufacturing in the New York and Philadelphia regions added to the jitters.

On Thursday afternoon, the financial reform bill cleared a major obstacle in the Senate, moving it closer to safe passage and onto the desk of President Obama to be signed into law.

The legislation is designed to limit big banks, protect consumers and prevent the future reoccurrence of financial crises like the one that hit in 2008.

Today’s Top Performers on the OTCBB

Company	Symbol	Last		Chg	%Chg	Open	High	Low	Vol
Liberty Star Urani	LBSR	0.0264		0.0242	1,100.00%	0.0245	0.0299	0.0235	4.73 m
Cistera Networks I	CNWT	0.51		0.46	920.00%	0.51	0.51	0.51	1,000
JinZangHuang Tibet	JZHG	1.00		0.75	300.00%	1.00	1.00	1.00	100
Milwaukee Iron Are	MWKI	0.012		0.008	200.00%	0.0041	0.012	0.0041	30.23 k
Shelron Group Inc.	SRNG	0.0249		0.0158	173.63%	0.027	0.027	0.0249	5.73 k
Vapor Corp.	VPCO	0.40		0.25	166.67%	0.40	0.40	0.40	250
Mirenco Inc.	MREO	0.10		0.06	150.00%	0.10	0.10	0.10	2 k
International Card	ICRD	0.015		0.009	150.00%	0.006	0.015	0.006	11.5 k
Standard Gold Inc.	SDGR	0.60		0.30	100.00%	0.60	0.60	0.60	2.1 k
Aultra Gold Inc.	AGDI	0.01		0.005	100.00%	0.008	0.01	0.008	4 k

Thursday’s Newsmakers:

mBeach Software Inc. Finalizes Acquisition of Skin Cancer Scanning Ltd.

Jul. 15, 2010 (GlobeNewswire)

TEL AVIV, Israel, July 15, 2010 (GLOBE NEWSWIRE) — mBeach Software Inc. (“MBHS”) (OTCBB:MBHS) announced today that it has finalized and closed the merger for the acquisition of Skin Cancer Scanning Ltd. (“SCS”). As a result of the acquisition, MBHS will hold 100% of SCS.

The former management of MBHS has been entirely replaced by the new management of SCS.

MBHS has filed several 8-k reports with the Securities and Exchange Commission pertaining to the transaction including a super 8-k. We invite the public to review them and obtain more information.

MBHS’s new CEO, Mr. Yossi Biderman, Col., stated, “We feel that the merger between MBHS and SCS will greatly increase shareholder value. We believe SCS is a very exciting company with strong potential to succeed in the global market for advanced technologies to better detect skin cancers.”

About SCS

Skin Cancer Scanning Ltd. (SCS) is a medical device company pioneering the development and commercialization of a revolutionary and proprietary imaging system for the early detection and diagnosis of skin cancer.

Our product, SkinScan 650, is a non-invasive, point-of-care (in the doctor’s office) system to detect and identify different kinds of skin nevi, tumors, lesions and cancers. SkinScan 650 enables physicians to diagnose skin cancer at an earlier, more curable stage. This will reduce the number of biopsies, lower treatment costs, and improve quality of life.

For more information on SCS, visit www.scs-med.com.

Forward-Looking Statements

This release contains forward-looking statements, including, but not limited to, statements regarding the future commercialization of SCS’ products, the market demand for these products and the proprietary protections the Company will obtain with regard to the technology, all of which statements are subject to market risks, and the possibility that the Company will not be able to obtain patent protection or obtain sufficient customer demand. These statements are made based upon current expectations and actual results may differ from those projected due to a number of risks and uncertainties.

CONTACT:
mBeach Software, Inc.
Mr. Yossi Biderman, CEO
011 972542060940
107 Hashmonaim Rd. POB 20335
Tel Aviv 61202

Source: Globe Newswire (July 15, 2010 – 3:01 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
rsharp@expressir.com

–

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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

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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:

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rsharp@expressir.com

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More About Small Cap Stocks

• 6-9-10 Daily Small Cap Market News and Stock Highlights from … – Other Small Cap News. Celsion Corporation (Nasdaq: CLSN). Celsion Announces ThermoDox® Abstract Presented at the American Society of Clinical Oncology 2010 Annual Meeting. Abstract presented as part of the “Trials in Progress Poster …
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“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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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.

Contact:

Ralph Sharp
rsharp@expressir.com

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