TuesdayJul 17, 2007 6:56 pm

ERF Wireless (ERFW.OB) Shares Climb 50 Percent

ERF Wireless Inc. (OTCBB: ERFW) shares jumped 31 cents, nearly 50 percent, to 92 cents yesterday, reeling from an early morning announcement regarding its Wireless Internet Service Products (WISP).Today the wireless and broadband provider announced that its subsidiary, ERF Enterprise Network Services, completed a three-year testing and certification process to deliver WISP across a financial institution's BranchNet system as well as its U.S.-BankNet infrastructure. In a statement, John Burns, chairman and CEO of ERF Network Services, said WiNet can generate millions in revenue over the duration of a few years. "A typical WiNet system deployed across a financial institution's encrypted…

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TuesdayJul 17, 2007 6:56 pm

Able Auctions (AAC) Shares Jump on Q2 Guidance

Ableauctions.com (AMEX: AAC) shares were up 17 percent, to 22 cents, on volume of 1,633,800 yesterday. The movement follows the company's news yesterday morning that it will release its second-quarter results for 2007 during the week of August 13, 2007.Ableauctions.com provides online services and technology to auction houses and retailers around the globe. The technology allows for auctioning services from product listing to real-time online auctioning. In the statement, the high-tech liquidator and online auction facilitator said it expects revenues for the second quarter to increase more than 75 percent from the first quarter of the year. "Revenues from our…

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TuesdayJul 17, 2007 6:56 pm

Dow Crosses 14,000 Mark as Markets Gain

While the Nasdaq finished up to end the day, the day solely belonged to the Dow Jones, which finished on a record high for the fourth day in a row. The Dow crossed over the 14,000 mark for the first time in history today, crossing over the mark in morning trading and holding steady until the market's close.Many of the markets were able to generate momentum after taking guidance from the Dow, but the S&P 500 slipped at day's end as well to finish slightly down on the day. The positive market was able to produce gains in the lower…

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TuesdayJul 17, 2007 6:56 pm

HandHeld Entertainment (ZVUE) 260 Raises Shares, Lowers Expectations

Share prices for HandHeld Entertainment (NASDAQ: ZVUE) rose 23 percent today after the company announced the release of its new "value-priced" MP3 video player, the ZVUE 260.According to the announcement, the ZVUE 260 is a "full-featured" personal media player with a built-in speaker and a "sleek and thin design that ships ready to play out of the box." It comes with what the company calls a "starter" 1 GB memory card and memory for six hours of video or approximately 500 MP3 songs. "At under $100, the ZVUE 260 gives digital media consumers access to a high-quality, yet value-priced, [personal…

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TuesdayJul 17, 2007 6:56 pm

id-Confirm (IDCO.OB) up 250 Percent

Today's news about id-Confirm's (OTCBB: IDCO) up-and-coming television appearances sent the company's share prices soaring more than 250 percent at one point today, igniting investor interest.According to a statement that biometrics firm id-Confirm released this morning, the company will be showcased on an "innovative, educational television series" that will be broadcasted on CNN Headline News, the Discovery Channel and Tech TV sometime in August of this year. Although the statement did not specify exactly which of the company's products will be discussed on the shows, it did make extensive mention of id-Confirm's SecureLink System, a portable wireless biometric device that…

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TuesdayJul 17, 2007 6:56 pm

BigString (BSGC.OB) is Giving Back Control to Email

Checking and sending e-mail has become incredibly easy to do because of technological and communication advances in place today. You can check your e-mail from your cell phone, your laptop, anywhere there is WiFi, or even from a local hot spot that allows provides Internet access.Several times a week I find myself in troubling situations after sending an incomplete message. We have all felt the feeling of forgetting to add something to the message when in a rush, we accidentally embedded the wrong attachment; wrote an e-mail on a whim, or in the heat of a moment, and wanted to…

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TuesdayJul 17, 2007 6:56 pm

Early Movers with Big News

Each morning, the exchanges come alive - and finding a company with news to back its movement allows MN1 to bring you updates each morning and afternoon to keep you on top of the small and micro-cap markets. The following companies released news late yesterday evening or early this morning:id-Confirm (OTCBB: IDCO) announced today it will be featured on an educational television series that will air on CNN Headline News, The Discovery Channel, and Tech TV this August. The identity and access management company will discuss its personal, portable biometric solution for use in corporate networks and eCommerce environments for…

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TuesdayJul 17, 2007 6:56 pm

Lantis Laser (LLSR.PK) to Make Big Impact in Dental Equipment Market

Most dentists still rely on the X-ray as their main purpose for detecting decay and other oral diseases. Lantis Laser (Pink Sheets: LLSR) has been working on dental imaging technology it can market to 140,000 dentists in 100,000 offices in the United States, which would expand the resolution current X-ray systems display.The current technology is insufficient because the resolution of the X-ray is not high enough for early detection of most oral diseases. LLSR has created the Optical Coherence Tomography (OTC) Dental Imaging System in hopes of advancing technology so that dentists can treat the patient before the decay becomes…

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TuesdayJul 17, 2007 6:56 pm

Coronado First Bank (CDFB.OB) Seeks Growth upon Announcement of Q2 Financials

Coronado First Bank Seeks Growth upon Announcement of Q2 Locally headquartered Coronado First Bank (OTCBB: CDFB) announced second quarter results on Monday, which showed an increase in total assets as well as total deposits, and a decrease in operating loss.Bruce Ives, president and CEO of Coronado First Bank, stated in a press release that the second quarter total assets for the quarter ending June 30, 2007, grew to $42.8 million, which is an increase of 66 percent compared to the same quarter last year. In addition, total deposits grew 129 percent to $31.3 million when compared to the same quarter…

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TuesdayJul 17, 2007 6:56 pm

American Skiing (AESK.OB) Company Shuts Down

Prices for American Skiing Company (OTCBB: AESK) skyrocketed 50 percent yesterday after the company announced it had entered into a definitive agreement to sell its subsidiary, ASC Utah Inc., to the owner of The Canyons Talisker Canyons Finance Co. LLC for $100 million in cash.According to the most recent statement from the American Skiing Company, the sale of ASC Utah to Talisker Canyons Finance - a subsidiary of the Talisker Corporation - is part of the "planned disposition" of the last major resort assets of American Skiing Company. Although the companies agreed on $100 million in cash, the transaction is…

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