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MondayNov 30, 2009 11:43 pm

FormCap Corp. (FRMC.PK) is “One to Watch”

FormCap Corp. is an emerging oil & gas exploration and development company. With a primary focus on the discovery and development of oil in the Continental United States, the company has assembled 4,800 acres of oil and gas mineral leases, together called the Weber City Prospect, located in Curry County, New Mexico. The Weber City Prospect has been defined by detailed geological information including well log data, seismic, Landsat and independent third party geological interpretation. After thorough review of the collected data, FormCap believes there is potential to drill up to 100 wells that could produce over 300 million barrels…

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MondayNov 30, 2009 3:52 pm

China Gengsheng Minerals, Inc. (CHGS.OB) Renews Full Service Contract with Two Companies

Today, high tech industrial materials products company, China Gengsheng Minerals, Inc. announced that it has renewed a full-service refractory contract and regenerative bricks contract with Shandong Iron and Steel Group, Rizhao Subsidiary. The full-service contract will begin on December 1st, 2009 and last to November 10th, 2010; the regenerative bricks contract lasts for 18 months. The combined value of the two contracts is estimated at approximately $9.0 million. Payments will be made on a monthly basis in accordance with the production schedules. Gengsheng, with products capable of withstanding high temperatures, saving energy and boosting productivity in steel and oil industries,…

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MondayNov 30, 2009 3:44 pm

November 30th CEOcast Weekly Newsletter

Companies featured in this edition of the newsletter: ACTC, ENZ, NWCI, OMCM, ONBI, PHC, XSNX Markets continued to display strength early on during this holiday shortened week, only to be led lower on Friday by concerns stemming from the announcement that the UAE was attempting to restructure debt with potentially adverse effects on lenders, chiefly, European banks. All told, the Dow finished marginally in negative territory, losing 0.1% on the week, surrendering 8 points to close at 10309, up 17.5% on the year. The Nasdaq performed slightly worse, losing 0.4% to close at 2138, while the S&P 500 finished the…

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MondayNov 30, 2009 2:36 pm

Clarient, Inc. (CLRT) Announces Exclusive License from Minerva Biotech for New Cancer Biomarker

Clarient, Inc. disclosed today details of an exclusive license for bringing to market a test developed by privately-held Minerva Biotechnologies. CLRT, as a leading provider of cancer diagnostic testing solutions, is an ideal choice for the development and commercialization of this test. The test identifies a specific biomarker, the MUC1* protein, which is associated with multiple cancers, including breast cancer. Ron Andrews, CEO of CLRT, noted the “potential impact on cancer diagnostics” offered by this testing methodology for MUC1*, pointing out that while still “early in the evaluation process” this test offers advantages for diagnosing, selecting and monitoring the efficacy…

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MondayNov 30, 2009 2:31 pm

Newport Digital Technologies, Inc. (NPDT.OB) to Attend Southern California Investment Association Conference

Newport Digital Technologies Inc. will attend the Southern California Investment Association Conference in Irvine, California on Saturday, December 5th. The conference will highlight about 12 to 15 emerging growth companies that are considered to be small-cap or mid-cap according to their market capitalizations. These often overlooked companies will make presentations to guests at the conference. These guests will include hundreds of influential firms plus associates including broker/dealers, investment and merchant bankers, investment advisors, analysts, financial service and fund managers, capital formation service providers, institutions, media and accredited investors. The presenting companies are promoted widely to the attendees and in press…

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MondayNov 30, 2009 2:19 pm

Follow QualityStocks on Twitter!

The equity markets are constantly moving and it is imperative that an active trader can find out what is happening in real-time. Even if you aren't trading all day long – it is important to stay on top of the latest-breaking news. That is why we created our Twitter account just for you. By following us at Twitter, you will be right on top of the action in the micro-cap and small-cap markets. You will receive short alerts regarding stock movements, news releases, and our new “Ones to Watch.” Every day we send dozens of tweets to bring our followers…

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MondayNov 30, 2009 1:40 pm

Seahawk Drilling, Inc. (HAWK) is “One to Watch”

Seahawk Drilling, Inc. is focused on providing contract drilling services to the oil and natural gas exploration and production industry in the Gulf of Mexico. Operating the second largest fleet of jackups in the Gulf of Mexico, the company’s customers include independent oil and natural gas producers, drilling service providers and Petróleos Mexicanos (PEMEX), the state-owned petroleum company of Mexico. Competition ranges from large, international drilling companies to smaller companies who focus solely on the Gulf of Mexico shelf. Seahawk’s strategy as an independent company is to improve the profitability, efficiency and reputation of its core business: providing jackup drilling…

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MondayNov 30, 2009 1:39 pm

Nicholas Financial, Inc. (NICK) is “One to Watch”

Nicholas Financial, Inc. provides direct consumer loans and purchases installment sales contracts from automobile dealers for used cars and light trucks. Nicholas Financial operates a network of forty-nine branch offices in Florida, Georgia, Indiana, Ohio, Kentucky, North Carolina, South Carolina, Michigan, Maryland, Virginia, Alabama and Tennessee. Its software subsidiary, Nicholas Data Services, Inc., designs, develops, supports and sells accounting software to small businesses throughout North America and is the computer automation provider for Nicholas Financial. Nicholas Financial enables individuals with blemished credit to purchase a vehicle. Vehicles have long held a special place in the hearts of Americans. An American’s…

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MondayNov 30, 2009 1:38 pm

Li3 Energy, Inc. (LIEG.OB) to Acquire Puna Lithium Corporation of Chile

Li3 Energy Inc. is pursuing a business strategy to acquire a portfolio of lithium brine deposits in the Americas for the purpose of development and production of lithium. Lithium is used extensively in many clean and green energy applications such as batteries. The company announced today that it has signed a letter of intent to acquire Puna Lithium Corporation. Puna has an option to acquire up to 85% of 90,000 acres of salar property in Argentina. More importantly, Puna has an option to acquire up to an aggregate 80% interest in 123,000 acres of prime Chilean salar ground located across…

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MondayNov 30, 2009 12:35 pm

Trans-Orient Petroleum Ltd. (TOPLF.OB) Posts FY09 Highlights and Future Projections

Trans-Orient Petroleum Ltd. today announced it has filed its fiscal-year financial results for the year ended July 31, 2009, and notes significant highlights for the year, including preparations for its initial drilling campaign, progress of its business partnership in the works, and independent reserves reports. "It was a busy year for Trans-Orient in New Zealand, preparing for our initial drilling campaign targeting both conventional and unconventional shale prospects. We are also very excited as we move closer to completion of our strategic business combination with TAG Oil Ltd. (TSX-V: TAO), anticipated to close in mid-December 2009,” Trans-Orient CEO Garth Johnson…

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