MondayMay 02, 2011 2:30 pm

GreenHouse Holdings (GRHU) Lands $151 Million Contract

Most small companies salivate over jobs that are related to the government. Landing one of any magnitude through any means can open a door to opportunities and validate the company like nothing else can. It is common knowledge that providing a solid, reliable service or product can lead to additional contracts. GreenHouse Holdings is a company with a history of performance as a government contractor, supplying the U.S. military with a wide range of products from rapidly deployable and ballistically protected buildings to sustainable, environmentally safe targeting systems and live fire training facilities. Today the Company has taken another major…

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MondayMay 02, 2011 1:13 pm

Commerce Resources Corp. (CMRZF) Reports on Drilling Program in Canada

Commerce Resources Corp. reported an update on its exploration drilling program at its mining property in Canada, where the company is prospecting for rare earth metals. Commerce Resources has been conducting its winter drilling exploration program at the Ashram Rare Earth Element deposit on the Eldor property located in northern Quebec. Commerce Resources Corp. has a 100% interest in the Eldor property, which contains 404 mining claims totaling approximately 19,006 hectares. Commerce Resources Corp. has competed the drilling of seven holes at the site comprising 3,367 meters of drilling. The purpose of the drilling was to expand and delineate the…

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MondayMay 02, 2011 1:10 pm

Trunkbow International Holdings Ltd. (TBOW) Inks Deal with Icafe to Provide Payment Options and Expand Market Presence

Trunkbow International Holdings Ltd., a leading provider of Mobile Payment Solutions (MPS) and Mobile Value Added Solutions (MVAS) in the People’s Republic of China (PRC), recently announced that it has entered a strategic cooperation agreement with Hangzhou Icafe Technology Co Ltd., a leading provider of Internet cafe desktop application services in the PRC, in which Trunkbow will offer payment applications and services for Internet cafe owners and individual users. Trunkbow will integrate its mobile payment solutions into Icafe's Internet cafe-based entertainment platform, which targets millions of paying users that visit more than 90,000 Internet cafe locations. The Trunkbow platform will…

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MondayMay 02, 2011 1:01 pm

National Technical Systems Inc. (NTSC) Posts Record FY2011 Revenue and Q4 Loss

National Technical Systems Inc., a leading provider of engineering services, today reported financial results for the fiscal year and fourth quarter ended January 31, 2011, posting record revenues for full-year 2011. Revenues for fiscal year 2011 increased 17 percent to a record $144.1 million compared to $122.7 million in the prior year. The acquisitions of Unitek on November 30, 2009, and Mechtronic Solutions (MSI) on December 16, 2010, accounted for $10.1 million, or 8.2 percent, of the increase in revenues. Gross margin in fiscal 2011 was 27.0 percent compared to 27.7 percent in the prior fiscal year. Net income for…

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MondayMay 02, 2011 12:53 pm

Local.com Corp. (LOCM) Announces Acquisition of Krillion, Inc.

Local.com Corp., a provider of local search services on the Internet, recently announced that it has acquired Krillion, Inc., a provider of a location based product search that allows online shoppers to connect with products that are available in stores locally, with the most current information on pricing and discounts. Krillion Inc. matches up consumer product information from various retailer websites and data feeds to create the most up-to-the-minute structured index of more than 70,000+ products across numerous consumer categories, which include: appliances, baby products, computers, tools, video games, electronics, and home & garden. The data index is compromised of…

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MondayMay 02, 2011 11:58 am

AdCare Health Systems Inc. (ADK) Completes $18M Acquisition Expected to Generate 229% Increase in 2011 Revenue

AdCare Health Systems Inc., a leading skilled nursing and assisted living provider, has completed its acquisition of two skilled nursing facilities in Dublin and Marietta, Ga. The remaining third facility of this group, located near Atlanta, is expected to close by end of May – the aggregate acquisition price totals $18 million. "The acquisition of these facilities are among the some 19 facilities we've purchased or leased since we began our M&A program in the fall of 2009," Chris Brogdon, AdCare's vice chairman and chief acquisitions officer stated in the press release. "These latest facilities significantly expand our presence in…

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MondayMay 02, 2011 11:51 am

VIASPACE, Inc. (VSPC) Points the Way to Energy Dedicated Crops

For years, the use of renewable biomass fuels for energy generation focused on the idea of using agricultural waste as the primary feedstock. On the surface it all seemed to make sense. Every year, huge amounts of bio-waste are generated in the growing of various crops, essentially there for the taking. Soon projects generating electricity from corn stover, wheat straw, rice husks, sawdust, and woodbark were being touted as the future of green energy. It wasn’t long, however, before the seriousness of various problems associated with the use of agricultural waste for energy generation became clear. • Agricultural waste prices…

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MondayMay 02, 2011 10:38 am

IRIDEX Corp. (IRIX) Granted Major Patent to Assist in Eye Surgery

While IRIDEX was only founded in 1989, they have already established a reputation as a worldwide leader in developing, manufacturing, and marketing innovative and versatile laser-based medical systems and delivery services. Today, IRIDEX took a major step towards prominence when they were granted a U.S. Patent for the Stepped Angle EndoProbe handpiece design which is utilized in eye surgery. The patent, No. 7,909,816 is entitled “Directional Probe Treatment Apparatus.” This patent applies to a number of consumable medical devices already in the IRIDEX product line collectively known as Stepped Angled EndoProbe laser handpieces. The patented Stepped Angled EndoProbe is a…

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MondayMay 02, 2011 10:25 am

Spencer Pharmaceutical Inc. (SPPH) Video Chart for Monday, May 2, 2011

SPPH seems to be trying to come off the bottom with a nice 20 percent gain to end last week. The indicators are beginning to shift with the classic "pincher play" in effect. We'll be looking for continued upward movement today, but if not, the support at $0.018 must hold for it to remain in play. To view the video chart, visit the following link: http://www.qualitystocks.net/videocharts.php Let us hear your thoughts below:

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MondayMay 02, 2011 10:18 am

Callidus Software Inc. (CALD) Introduces New Mobile Sales Coach

Callidus Software Inc. recently announced the launch of MySalesCoach, a new sales coaching app for mobile devices. The app is based on Callidus ForceLogix SalesForce Optimizer, and will be available on iPad and Android systems beginning in the second quarter of 2011. Callidus Software is a supplier of Sales Performance Management software, helping businesses coach sales employees, track sales team performance and provide visibility into operations and financial performance. Callidus software is used in such industries as high tech, communications, banking, insurance and pharmaceuticals. The new MySalesCoach application allows a business sales force to collaborate on sales, as well as…

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