May 2010 - Page 21 of 34

ThursdayMay 13, 2010 9:38 am

Jobless Benefits Claims Fall, but Slowly

A recent survey taken by Thomson Reuters revealed that jobless benefits claims are starting to fall – albeit slowly. The statistics mark the fourth straight week that claims have begun to fall, with economists determining the number to be around 440,000. Regardless, jobless claims haven't fallen as quickly as many economists would like. After dropping steadily last year from a peak of 651,000, they have fluctuated at around 450,000 in 2010; claims will need to fall below 425,000 to signal sustained job growth. Economists are interested in watching the weekly claims for unemployment, particularly new ones, because it serves as…

ThursdayMay 13, 2010 8:59 am

HotStockChat Releases Interview with General Environmental Management, Inc. (GEVI.OB) CEO Tim Koziol

Today, HotStockChat published an interview featuring General Environmental Management CEO Tim Koziol. In the 7 minute interview, Tom Allinder of HotStockChat and Mr. Koziol discussed a list of topics including GEM's history, the recent business transition, goals for next year, plans to reach those goals and why GEM is a good investment opportunity. The compete interview can be found at the following link: http://www.hotstockchat.com/gem-interview-with-ceo-tim-koziol Let us hear your thoughts: General Environmental Management, Inc. Message Board

ThursdayMay 13, 2010 8:15 am

Goldspring Inc. (GSPG.OB) Video Chart for Thursday, May 13, 2010

The GSPG chart has made a turn the last two days. With support established and indicators turning, GSPG looks to be continuing a push north. Please click the following link: http://www.qualitystocks.net/videocharts.php?chartvid_id=396 Let us hear your thoughts below:

ThursdayMay 13, 2010 8:05 am

Minatura Gold (MGOL.OB) Launches their New Corporate Website

Yesterday, Minatura Gold announced the launch of their new website at www.minaturagold.com. Highlights of the newly designed website include a clean, intuitive interface, a company profile, as well as a management section. The website also contains an Investor Relations and Community Relations section. Mr. Paul Dias, Chief Executive Officer of Minatura Gold, stated, "Minatura Gold is committed to maintaining outstanding communication with our existing shareholders and prospective investors–and our website is no exception. As our company grows, we will continue to update our website with new features and content that help stakeholders learn about our business, its performance and potential,…

ThursdayMay 13, 2010 8:03 am

ANTs Software, Inc. (ANTS.OB) Completes First $500,000 Tranche of $10 Million Investment Agreement with Fletcher Asset Management

ANTs Software, Inc., a leader in database migration solutions that offers a complete portfolio of services, recently announced that the company has closed the first $500,000 tranche of the previously announced $10 million investment agreement with Fletcher International, Ltd, an affiliate of Fletcher Asset Management, Inc. This funding, along with the $1.5 million invested in March earlier this year, will primarily be used to fund ANTs’ development of database migration solutions and to effectively launch the company’s services to the marketplace. The remaining two future investments are subject to achievement of predetermined business milestones. Joseph Kozak, chairman and chief executive…

ThursdayMay 13, 2010 8:02 am

Liberator Medical Holdings (LBHM.OB) Posts Impressive Q2 Sales Increase

Liberator Medical Holdings Inc., parent company to medical supplies provider Liberator Medical Supply Inc., yesterday posted its second-quarter results for the three-month period ended March 31, 2010. The company reported net revenues of $9.65 million for its second fiscal quarter ended March 31, 2010, up 65.6 percent from $5.82 million for the same quarter of fiscal 2009. The company attributes the increase to its direct response advertising campaign. Net income for the three months ended March 31, 2010, increased 169% to $256,000 compared to net income of $95,000 for the three months ended March 31, 2009. Gross profit for the…

ThursdayMay 13, 2010 7:29 am

Consorteum Holdings Inc. (CSRH.OB) Signs Agreement to Raise $1.5 Million for MyGolf Rewards Canada

Consorteum Holdings, Inc. was pleased to announce this morning that it has reached an agreement with Rosebank Capital to raise $1,500,000 for the MyGolf Rewards initiative. According to the press release, these funds will be used for operational expenses and growth of the MyGolf Rewards Canada program, a majority owned subsidiary of Consorteum Holdings Inc. Initially rolling out in North America, the program will later expand into International markets. The funds will be primarily directed at relationship building with Golf Associations Internationally, sales focused initiatives, marketing, and strengthening of the MyGolf Rewards team. The MyGolf program is anticipated to generate…

WednesdayMay 12, 2010 3:19 pm

Alternate Energy Holdings (AEHI.OB) Up 275% After QualityStocks Newsletter Mention

Alternate Energy Holdings closed today's trading at $0.60. The share price is up $0.39 a share or 185.71% for the day. The strong upward movement in price, which reached $1.45 shortly after noon, has been accompanied by a strong upsurge in the number of shares traded. Today's volume totaled about 2.9 million shares, which is well above the average daily volume of 154,600. Alternate Energy Holdings was initially covered in the QualityStocks Free Daily Newsletter back on April 7, 2010. At that time, the stock was trading at only $0.16 a share. That means, in just over 5 weeks, shareholders…

WednesdayMay 12, 2010 12:22 pm

Cellceutix Corp. (CTIX.OB) Continues Development of Autism Compound, Encouraged by Large Pharmaceutical Companies Announcing Interest in Similar Compounds

Cellceutix Corp., a developer of small compounds for the treatment of cancer, autism and inflammatory diseases, issued a press release today commenting on the status of the industry in pursuing compounds addressing the core issues for developmental diseases. Cellceutix is encouraged by the recent results of a clinical study conducted by Novartis AG (NYSE: NVS). The New York Times published an article on April 29th to showcase the results from a small, overseas study for the treatment of fragile X syndrome by the Switzerland-based pharmaceutical giant. Fragile X, a genetic disorder characterized by changes in part of the X chromosome,…

WednesdayMay 12, 2010 12:14 pm

AlumiFuel Power Corp. (AFPW.OB) Subsidiary Wins Navy R&D Contract

AlumiFuel Power Inc., wholly-owned operating subsidiary of AlumiFuel Power, Corp. (“API”), www.AlumiFuelPowerInc.com, while in early production stage, is an alternative energy company with an incredibly portable niche-application hydrogen production technology based on a chemical reaction between water and aluminum, and revolutionized by the Company’s proprietary additives. API proudly announced the award of a U.S. Navy R&D contract today working in conjunction with the Rockford, Illinois-based Ingenium Technologies, Inc., the team selected for Phase 1 award by the Navy’s Small Business Technology Transfer (STTR) program. An STTR solicitation from the U.S. Department of the Navy, for a new air-independent fuel cell…

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Month: May 2010