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FridayOct 29, 2010 2:55 pm

Rotate Black (ROBKE.OB) On-track to Get Gulfport Casino Rolling

Rotate Black Inc., a developer and manager of resort and casino properties, today announced the completion of a 99-year management agreement with Rotate Black MS LLC (RB MS), which took effect April 1, 2010. Per the agreement, Rotate Black will manage the casino and hotel operations in the Bert Jones Yacht Basin in Gulfport, Mississippi. RB MS will compensate Rotate Black for its management services at $200,000 per month until the launch of gaming operations in Gulfport, at which time RB MS will pay Rotate Black $250,000 per month. As soon as Rotate Black achieves full-year EBITDA of $17 million,…

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FridayOct 29, 2010 2:36 pm

Arctic Cat Inc. (ACAT) Reports Exceptional Financial Data for Fiscal 2011 Second Quarter

Arctic Cat, veritably synonymous with the word snowmobile and maker of some of the best ATVs, parts, apparel and accessories worldwide, reported outstanding Q2 FY11 (ending Sept. 30, 2010) data: • Zero short- or long-term debt • Net Earnings up 20.3% to $17.8M, or $0.97/diluted share (up 51% over the 6-month) • Net Sales up 5.7% to $175.8M • Gross Margins up 200 basis points (350 points year-to-date) • Operating Profits up 25% to $27.4M • Factory Inventory down 28% to $95.9M • Total of cash and short term investments up a whopping 622% to 80.9M Q2 Sales by segment:…

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FridayOct 29, 2010 2:32 pm

Sanofi-aventis (SNY) Moves to Acquire BMP Sunstone, Solidifying Already Strong Position in the Chinese Consumer Healthcare Market

Sanofi-aventis, www.sanofi-aventis.us – one of the top pharmaceutical companies engaged in discovery/development/distribution, reported yesterday in concert with China-focused specialty pharmaceutical firm BMP Sunstone (BJGP), entry into a definitive agreement whereby SNY will acquire all outstanding shares of BJGP. The price tag on the deal is roughly $520.6M (fully diluted) or a cash consideration of $10/share, representing a 30% premium above the Oct. 27 close of BJGP stock and was unanimously approved by the board of directors at BJGP. The recently established Hangzhou Sanofi Minsheng Consumer Healthcare joint venture will be magnified by the BJGP acquisition, putting SNY in prime market…

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FridayOct 29, 2010 11:58 am

RADVISION Ltd. (RVSN) Surpasses Q3 Revenue Expectations, Posts Q4 Forecast

RADVISION Ltd., a leading provider of video and wireless communications solutions, recently posted its third quarter 2010 financial results, exceeding previous company forecasts. “Our third-quarter results were better-than-expected due to the very strong performance of our Video Business Unit. Our VBU revenues grew 32 percent over the third quarter of 2009, more than overcoming the as-expected 21 percent step-down in revenues from Cisco,” Boaz Raviv, CEO of RADVISION stated in the press release. “Driving our VBU growth was the continued market success of our SCOPIA infrastructure platform, which we continue to advance, combined with our successful introduction of endpoints at…

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FridayOct 29, 2010 11:04 am

True 2 Beauty Inc. (TRTB.PK) Receives Tremendous Market Response

Earlier today, True 2 Beauty Inc., a leading manufacturer and distributor of sexual potency pills and liquid products, announced that the "Libigrow" family of products has received tremendous response from the market. This exceptionally positive response has helped the company grow sales to over 10 million in the past 6 months. True 2 Beauty anticipates exceeding twice that in the next two quarters. Proceeds will be used to increase the company's marketing campaigns domestically and internationally. Alex Hbaiu, president and CEO of True 2 Beauty, Inc., stated, "The response we received from the market thus far is just a glimpse…

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FridayOct 29, 2010 10:16 am

Daulton Capital Corp. (DUCP.OB) Finds Positive Gold Indicators at Balarat

Daulton Capital Corp. is a finance company focused on natural resource investments, specifically precious and base metals as well as oil and gas opportunities. The overall goal is to acquire resource projects and expand exploration, while continuing to seek special situations and unique opportunities in under-funded projects within the resource sector. Their specific objective is to partner with major or junior natural resource companies, developing option potentials or joint venture projects. The company recently announced it will exercise its option interest on two major gold projects based in the Yukon Territory of northwest Canada, with the goal of securing a…

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FridayOct 29, 2010 9:59 am

Andy Zeinfeld Joins Spare Backup’s (SPBU.OB) Board of Directors

News broke today that Spare Backup has selected Andy Zeinfeld, CEO of Simplexity, to join its Board of Directors. Spare Backup, Inc. specializes in helping consumers and small to mid-sized businesses protect their computer data quickly, automatically and cost-effectively. A widely recognized and respected leader, Mr. Zeinfeld joins the Board of Directors as a notable person in the wireless industry. At Simplexity, Mr. Zeinfeld oversees the development and execution of all of the company’s long-term growth strategies and the development of earnings opportunities. Additionally, he is responsible for all aspects of Simplexity’s business initiatives including sales, marketing, business development, strategic…

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FridayOct 29, 2010 9:54 am

IDO Security, Inc. (IDOI.OB) Has Answer For British Airways

When the chairman of British Airways recently criticized the increasingly strict U.S. boarding procedures, one of the first things he targeted was the requirement for travelers to take off their shoes. British Transport Secretary Philip Hammond added his own take, indicating his desire to allow airlines to look at ways of easing the boarding process through different security procedures, changing them if they can reduce queuing and offer a better traveler experience. But U.S. officials were quick to point out the importance of such procedures, and how they were jointly agreed on. A simple solution to at least one aspect…

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FridayOct 29, 2010 9:39 am

Simulated Environment Concepts, Inc. (SMEV.PK) Sees Bright Future Ahead

Simulated Environment Concepts believes its positioned for explosive growth over the next two years. As documented by market research, even during these tough times, the viability of the company's products has and continues to be substantiated by the marketplace. SE Concepts continues to broaden its reach and presence in the market place. This was clearly demonstrated during the fourth quarter of 2009 when the company signed a multi-million international deal with the French company, Zen & O, to manufacture 250 SapCapsules over the next four years. Zen & O, which operates approximately 54 franchises for Lady Fitness and other retail…

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