April 2010 - Page 10 of 37

FridayApr 23, 2010 11:05 am

Positron, Inc. (POSC.OB) – A Buy-Out Candidate?

Message boards are being flooded with buy-out rumors for Positron, Inc. Reports on the web are making statements regarding a big development with news to be released as early as Monday. In a press release issued by Positron yesterday morning, Patrick G. Rooney, the Chairman of the Board of Positron Corporation, addressed these rumors. While not confirming anything specific, Mr. Rooney was quoted as stating that Positron "is currently in discussions with a potential partner in our industry." Positron designs, manufactures, markets, and services molecular imaging devices/software for cardiology in the United States and internationally. Its flagship product is a…

FridayApr 23, 2010 9:08 am

Update on SmartMetric, Inc. (SMME.OB) Patent Infringement Lawsuit Against Mastercard and Visa

On March 15, 2010, SmartMetric, Inc. filed a lawsuit against both Visa, Inc. and Mastercard, Inc. claiming patent infringement against its patent issued United States Patent Number 6,792,464. The case was filed in the United States Federal Court, Central District of California and given Case # CV1864JHN. SmartMetric claims in its lawsuit that both Visa and MasterCard are in violation of its issued patent dealing with the use of a data card and an automatic connection to a network. The patent infringement is in regards to the “PayPass” system used by both Visa and Mastercard. There had been more than…

FridayApr 23, 2010 9:00 am

Ecosphere Technologies (ESPH.OB) Announces Major Financial Improvement for the First Quarter

One company that is making major strides in the market place is Ecosphere Technologies. Located in Stuart, Florida, Ecosphere has earned a reputation as a leader in diversified water engineering and environmental services. Today, Ecosphere announced it has reported record revenues and reduced debt for the first quarter ending March 31, 2010. Ecosphere displayed first quarter revenues that increased over 980% from the same quarter in the prior year providing the company in excess of $2,100,000. This incredible increase in revenues will allow the young company to charter new territory in their already rapidly growing corporation. Ecosphere also announced it…

FridayApr 23, 2010 8:45 am

Options Media Group Holdings, Inc. (OPMG.OB) Video Chart for Friday, April 23, 2010

The OPMG chart had a doji yesterday and short-term looks a little mixed, but overall the chart is looking good longer term. Watch the video and find out why. Please click the following link: http://www.qualitystocks.net/videocharts.php?chartvid_id=383 Let us hear your thoughts below:

FridayApr 23, 2010 8:42 am

Air China Ltd. (AIRYY.PK) Announces 2010 First Quarter Results

Air China Limited is the national flag carrier of China and a leading provider of air passenger, air cargo and airline-related services and products. As of the end of 2009, Air China operated a fleet of 262 aircraft, serving 156 destinations in 32 countries and regions. The company today announced its financial results for the first quarter ended March 31, 2010. Like other emerging markets, air traffic is taking off in China. For the first quarter, Air China recorded a 30.7% year-over-year increase in operating revenue to 14.7 billion renminbi. This gain was driven by sustained growth in domestic traffic…

FridayApr 23, 2010 7:51 am

Halo Companies, Inc. (HALN.OB) Subsidiary to Offer Discount Prescription Card

Yesterday, Halo Companies, Inc. subsidiary Halo Benefits, Inc. announced that it will now offer customers a discount pharmacy prescription card, HaloRx. The new card comes at a time when the cost of prescription drugs and customers demand for deals is rising. Consumers can get the new service for free and can receive up to 60% in discounts on over 12,000 FDA approved drugs. HaloRx will be primarily marketed to associations, employers, and benefit groups, but the new product will be made available direct to consumer as well. The new product is the latest of new a la carte services offered…

FridayApr 23, 2010 7:48 am

Island Breeze International, Inc. (IBII.OB) Enters Joint Venture and Investment Agreement

Island Breeze International Inc. is focused on developing and operating entertainment cruise projects. The company is currently evaluating port locations in East Asia for the establishment of its initial operations. Island Breeze announced today it has entered into a joint venture and investment agreement with a private investment group. Under the terms of the joint venture and investment agreement, Island Breeze International will form a new subsidiary for the purpose of acquiring an existing overnight cruise vessel to operate in East Asia. In addition, the private investment group has committed to make a $600,000 equity investment into the company. Furthermore,…

FridayApr 23, 2010 7:48 am

Reed’s, Inc. (REED) Announces Expansion into 196 Stores in Eight Southern States

Reed's, Inc., a maker of top-selling sodas in more than 10,500 supermarkets and natural food stores nationwide, recently announced that the company has expanded its product placement into Harris Teeter Food Markets, which operates 196 stores in high-income urban areas throughout the East Coast and the Southern United States. Harris Teeter operates stores in eight states, including North Carolina, South Carolina, Virginia, Georgia, Tennessee, Florida, Maryland and Delaware. Under the terms of the agreement, Harris Teeter will immediately begin carrying three SKUs of Reed’s Ginger Brews and three SKUs of Virgil’s branded products. Christopher Reed, founder and chief executive officer…

FridayApr 23, 2010 7:47 am

MMR Information Systems, Inc. (MMRF.OB) Enters Agreement with sanofi-aventis Regarding Anti-CD20 Monoclonal Antibodies

MMR Information Systems, Inc., a provider of secure and easy-to-use online personal health records and electronic safe deposit box storage solutions, recently announced that the company has entered into an agreement with sanofi-aventis China regarding MMR’s anti-CD20 monoclonal antibodies. Sanofi-aventis China is a division of the world’s third-largest pharmaceutical company in global prescription sales. Under the terms of the agreement, MMR’s antibody assets may be used in the development of future treatment options for various autoimmune and B-Cell mediated diseases, including, but not limited to, lupus nephritis, systemic lupus erythematosus, psoriasis, respiratory distress syndrome, chronic lymphocytic leukemia and multiple sclerosis.…

FridayApr 23, 2010 7:44 am

China Agri-Business, Inc. (CHBU.OB) Comments on Their Financial Results for Year Ended December 31, 2009

China Agri-Business, Inc. commented yesterday on their financial results for the year ended December 31, 2009. The Company filed these results through a SEC Form 10-K on April 15, 2010. Mr. Liping Deng, Chief Executive Officer, President, and Director of China Agri-Business, Inc. commented on the Company's results for 2009 and the Company's outlook, "In the fourth quarter of 2008, we started an aggressive initiative that we call the 'New Agriculture-Generator.' The primary purpose of the initiative is to expand our business by creating our own sales network of direct sales stores for our products and also by partnering with…

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Month: April 2010