March 2010 - Page 9 of 39

ThursdayMar 25, 2010 8:51 am

ULURU Inc. (ULU) Reports Fourth Quarter Loss

ULURU Inc. reported a net loss of $1.7 million, or $0.02 per share, in the fourth quarter of 2009. This was a strong improvement from the net loss of $2.9 million, or $0.04 per share, in the same quarter of 2008. Renaat Van den Hooff, the CEO of ULURU Inc., said, “During the fourth quarter we continued with our restructured business operation which has provided us with a reduced cost structure while allowing us to further our strategic goals." In the full year 2009, ULURU Inc. lost $9.2 million, or $0.14 per share, slightly better than the net loss of…

ThursdayMar 25, 2010 8:49 am

Netlist, Inc. (NLST) Completes Offering of Common Stock

Netlist, Inc. completed its public offering of common stock, selling approximately 4.0 million shares at a price of $3.85 per share. The offering was underwritten by Needham & Company, LLC, and Roth Capital Partners, LLC, both of which exercised their respective over allotment rights and purchased an additional 599,250 shares of common stock. Netlist, Inc. received approximately $16.3 million in net proceeds after deducting commissions and underwriting fees. There was strong demand for the Netlist, Inc. common stock offering, as the company originally planned to issue three million shares, but raised the size of the offering due to strong investor…

ThursdayMar 25, 2010 8:36 am

Sunwin International Neutraceuticals Inc. (SUWN.OB) Gets Sweet Deal from FDA

Sunwin International Neutraceuticals Inc., a leading global provider of high quality stevia extracts, and business partner WILD Flavors Inc., a leading global provider food, beverage and flavor product development, have received official Letters of No Objection from the U.S. Food and Drug Administration (FDA), giving the companies affirmation of the safety of Sunwin’s Stevia extracts. The FDA grants Generally Recognized As Safe (GRAS) letters after reviewing a company’s independent research, acknowledging no objection to the safety and data supporting that determination. Sunwin’s Stevia Extracts entered the U.S. marketplace in 2006. Sunwin Stevia Extracts, as well as the company’s proprietary OnlySweet™…

ThursdayMar 25, 2010 8:05 am

Alto Group Holdings Inc. (ALTO.OB) Video Chart for Thursday, 3/25/2010

Alto Group Holdings Inc. (ALTO.OB) is a chart that is perfectly positioned for a larger move. A lower float stock like ALTO can move very easily and this one is worth a look today. Watch the video to find out why. Please click the following link: http://www.qualitystocks.net/videocharts.php?chartvid_id=361 Let us hear your thoughts below:

WednesdayMar 24, 2010 2:49 pm

Blue Sphere Corp. (BLSP.OB) is “One to Watch”

Blue Sphere Corp., an Emission Reduction Project Integrator, focuses on the cleantech sector. The company develops projects for greenhouse gas emission reduction and renewable energy production. Blue Sphere aims to become a key player in the global carbon reduction market, helping enterprises with high pollution emissions achieve their green goals. The company trades on the OTCBB. Global warming’s negative effects to the environment and the world’s population has compelled government agencies to create regulations that mandate polluting businesses to take responsibility for their greenhouse gas emissions. Blue Sphere, as an Emission Reduction Project Developer, provides the solutions necessary for businesses…

WednesdayMar 24, 2010 2:08 pm

Quaterra Resources, Inc.’s (QMM) Sierra Sabino Selected as Advanced Project by Goldcorp (GG)

Quaterra Resources Inc., the up-and-coming mineral exploration company focused on developing prospects in North America, today revealed that its Sierra Sabino property was selected under the terms of the recently signed investment framework agreement as an advanced project by Goldcorp Inc. Goldcorp stands to gain 65% interest in the property, which is located in the lucrative Mexican Silver Belt just 120 km south of their Penasquito mine, in San Luis Potosi, via a $2M outlay over 2 years, of which half must be spent in the first year on QMM-conducted exploration, geologic mapping, some 1,500 meters of core samples and…

WednesdayMar 24, 2010 12:50 pm

Fund.com, Inc. (FNDM.OB) Strategically Targets Multi-Billion ETF Market with AdvisorShares Subsidiary

Fund.com Inc. is an online financial services company with a focus on the investment fund market. The company's target market is the millions of individual investors who are interested in purchasing funds. One specific investing area that the company has heavily focused on is the exchange traded funds (ETFs) market. The company's 60%-owned subsidiary, AdvisorShares Investments LLC, is a developer and distributor of actively managed exchange traded funds. The goal of AdvisorShares is to be a global investment management firm with innovative products and services that provide investors access to best of breed money managers. The firm will differentiate itself…

WednesdayMar 24, 2010 12:45 pm

Novavax Inc. (NVAX) Shares Surge on Positive A/H1N1 Vaccine Results

Biotechnology company Novavax Inc. today announced positive results from its two-stage pivotal study evaluating the safety and immunogenicity (immune response) of the company’s 2009 A/H1N1 virus-like particle (VLP) pandemic influenza vaccine. In response to the results, shares of Novavax rose 12 percent to $2.60 in mid-day trading. The results were consistent with preliminary results that demonstrated that the vaccine was well tolerated and immunogenic at all three dose levels tested. The study is being conducted at the Mexican Institute of Social Security (IMSS), the largest medical and research center in Latin America, by Novavax and Avimex Laboratories of Mexico. The…

WednesdayMar 24, 2010 11:50 am

TapImmune, Inc. (TPIV.OB) to Collaborate with Aeras Global to Develop Tuberculosis Vaccine

TapImmune Inc., biotech innovator and developer of therapies for infectious disease and oncology, and creator of the revolutionary TAP vaccine which has ability to restore antigen presentation in cells, announced in February of this year the signing of a letter of intent to begin a collaborative R&D campaign with Aeras Global TB Vaccine Foundation. Aeras is dedicated to moving leading tuberculosis vaccines forward and making worldwide distribution and adoption of them ubiquitous despite age group or income level. Aeras operates under private foundations like The Bill & Melinda Gates Foundation, and accepts governmental aid as a non-profit product development partnership.…

WednesdayMar 24, 2010 11:47 am

Teltronics Inc. (TELT.OB) Posts Solid FY 2009 Financial Results

Teltronics Inc., a leading provider of innovative communications solutions, today posted its financial results for the year ended December 31, 2009, attributing the solid results to quality customer service and strategic budgeting. "The Company is pleased with our year-end results," Ewen Cameron, Teltronics' president and CEO stated in the press release. "In 2009, we increased our operating profit by 109% to $6.9 million from a loss of $3.3 million in 2008. We attribute our 2009 accomplishments to our strong relationships with our current customers, combined with the budget cut initiative we implemented in 2008 and our strong team of employees."…

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Month: March 2010