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FridayFeb 29, 2008 7:28 pm

OTCPicks Featured Company: Immunicon Corporation (IMMC) Awarded Clearance from FDA of CellSearch™ Circulating Tumor Kit

Immunicon Corporation was recently issued clearance by the FDA of the CellSearch™ Circulating Tumor Cell Kit for monitoring patients with metastatic prostate cancer. Using the CellSearch™ kit, samples of a patient's blood is processed to occupy and count CTC's. The company saw a rise of 50.00% as trading began this morning. The kit is now cleared for three of the four most prevalent cancers. Originally cleared in January of 2004, the kit was then predicting progression-free and overall survival in patients with metastatic breast cancer, and expanded after to include monitoring. In November of 2007, the kit was cleared by…

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FridayFeb 29, 2008 7:26 pm

OTCPicks Featured Company: NutriPure Beverages, Inc. (NUBV.PK) Welcomes New CFO in Lieu of Potential Move to Higher Exchange

NutriPure Beverages, Inc. announced the naming of Sherry M. Tapp as its new Chief Financial Officer and is taking additional steps to prepare the company for possible moves to either a fully reporting pink sheets company, or to a higher exchange. The company saw a rise of 50.00% in this morning’s trading. Enrolling and graduating from Hamburg University in Hamburg, Germany, Ms. Tapp brings more than 20 years of accounting experiences in a wide area of settings. For the past three years she has served as the Budget Financial Analyst for K. Hovnanian Enterprises, Inc. located in Mesa, AZ. During…

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FridayFeb 29, 2008 7:10 pm

Modavox, Inc. (MDVX.OB) Gaining Ground with Last Year’s Lawsuit?

There’s word on the street that Modavox, Inc. (OTCBB: MDVX) may spend some more time in the courtroom. The broadcast media/interactive media company holds various Internet advertising ads, and last year slapped Tacoda, a division of AOL (TWX), with a patent infringement suit. The company’s broadcast media division generated roughly 80% of revenues last quarter. Its interactive media division develops behavioral targeted advertisements paired with interactive e-learning solutions - and that is where the issues begin. According to a contributing source of an editorial on SeekingAlpha.com, Tacoda may be viewed as a “test case.” News of the Modavox’s lawsuit made…

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FridayFeb 29, 2008 3:06 pm

Credit Issues Not Done

Although it’s being treated as old news by the market, maybe it shouldn’t be. We’re speaking of the persistent credit issues, which keep cropping up in a number of disturbing ways. This week’s most notable entry in the ongoing financial soap opera which began as last year’s subprime mortgage woes is more credit concerns with regard to the bond insurers, MBIA (NYSE: MBI) and Ambac (NYSE: ABK). This is the latest twitch in a secular credit spasm that has corrosively worked its way through the homebuilding industry’s freefall, the banks’ and financial institutions’ erosions, the retailers’ drop, and most recently,…

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FridayFeb 29, 2008 2:51 pm

STAAR Surgical Company (STAA) Receives Approval to Market STAAR Visian™

STAAR Surgical Company, a leading developer, marketer and manufacturer announced the approval from the State Food and Drug Administration of the People’s Republic of China for the go ahead in the marketing of STAAR Visian™ Toric Implantable Collamar Lens to eye care professionals for the treatment of astigmatism and nearsightedness. Barry G. Caldwell, President and CEO of STAAR Surgical noted, “This approval has significant strategic importance for STAAR and positions us for continued growth in China. The approval of both the Visian Toric ICL and the Visian Hyperopic ICL represents a solid endorsement of the STAAR technology. The Visian Myopic…

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FridayFeb 29, 2008 2:49 pm

NetSol Technologies, Inc. (NTWK) Signs Basel II Contract with Pakistan Bank

NetSol, a multinational IT services provider, announced the signing of a contract with a leading financial institution in Pakistan to officially estimate the value of its readiness and to assist its act in accordance to the framework of the Basel II Capital accord. NetSol will assess the state of condition and readiness of the bank (under terms of contract) in adopting the Internal Rating Based approach of the Basil accord for credit risk. Pakistan is very proactive in its encouragements to the banking industry, noted State Bank of Pakistan, to fully adopt the Basel II accord. “We are very pleased…

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FridayFeb 29, 2008 2:42 pm

DnC Multimedia, Inc. (DCNM.OB) Launches Advanced Noise Cancellation and Hearing Aide Device

Many people are using headsets to work from home, talk to their friends via the computer, record their voice and listen to music, but most of these devices transmit sound through the microphones. Some of these consumers are looking for noise cancellation devices or technology that cancel or at least minimize unwanted sounds. As for the ones already on the market, they work well but with the ever advancing tech world there are always new applications being developed or improved as we can see in the case of DnC Multimedia who announced today that it will be demonstrating its new…

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FridayFeb 29, 2008 12:38 pm

Budget Waste, Inc. (BDGW.PK) is "One to Watch"

Budget Waste, Inc. is focused on providing cost competitive waste services. The company is committed to surpassing each of their customers’ expectations by paying special attention to each specific need. The management team leading Budget Waste has extensive experience and has the company positioned as one of the largest roll-off waste haulers in the Calgary market. Budget Waste’s services include an all-encompassing temporary container service, which is a key need for construction and remodeling projects, estate clean-ups, demolition jobs, special events and other short-term activities. In order to best fit the purpose and extent of each job, the Company includes…

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FridayFeb 29, 2008 11:17 am

EnsurApet, Inc. (EPTI.OB) Capitalizes on Pet Health Insurance

Many of us love our pets and to many they are just as important as any other family member. So it is no wonder why we want them to have the same benefits that we have. After all they too get sick; they have accidents and need health care as often as we do. But with the rising cost of veterinary bills, many pet owners may have to get health insurance for our best friends, and companies like EnsurApet wants to make sure they offer the best plan to those pet owners seeking Pet Health Insurance. EnsurApet provides peace of…

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FridayFeb 29, 2008 10:44 am

Hototc Featured Company: Victory Energy Corporation (VYEY.OB) Begins Generating Revenue from 2.5 Billion cu. /ft. of Proven Natural Gas Reserves.

There is no better feeling then when your well comes in. Natural gas, oil or minerals; when the valve is finally turned, eyes begin to light up and corks begin to pop. If ever there was a non-monetary reason for getting into natural resources exploration this would be it. Victory Energy Corporation, a development stage oil and gas company, works to develop and bring to market gas and oil discoveries in the United States. Currently, the company is finding very profitable discoveries of natural gas in its Texas lease properties. On February 27, 2007 the company announced that its Addams-Bagget…

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