ThursdayDec 02, 2010 10:00 am

Gryphon Resources Inc. (GRYO) Signs Letter of Intent

Gryphon Resources Inc. reported that the company has entered into a letter of intent to acquire the exploration and mining rights on properties located in the southwestern United States. The company is prospecting for gold and copper at the site. Gryphon Resources Inc. said the Cruce prospect comprises 560 acres in size and is located forty miles north of Tuscon, in Pinal County, Arizona. Gryphon Resources Inc. agreed to pay $265,000 in cash to the seller of the mineral rights, and the company must also invest $335,000 at the Cruce prospect over the next three years. The company also agreed…

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ThursdayDec 02, 2010 9:44 am

Micro Imaging Technology, Inc. (MMTC.OB) CEO Michael W. Brennan Interviewed by The Wall Street Transcript

Today, The Wall Street Transcript (TWST) announced the publication of its Medical Research, Diagnostic Substances & Life Science Tools Report, which offers a comprehensive review of the sector to investors and industry executives. The special feature contains expert industry commentary through in-depth interviews with public company CEOs, Equity Analysts and Money Managers. Companies include: AstraZeneca (NYSE: AZN); Lab Corp. (NYSE: LH); Medtronic (NYSE: MDT); Abbott (NYSE: ABT); Agilent (NYSE: A); Alexion (NASDAQ: ALXN); Allscripts (NASDAQ: MDRX); Alnylam (NASDAQ: ALNY); Amerisource (NYSE: ABC); Amylin (NASDAQ: AMLN); Array (NASDAQ: ARRY); Beckman Coulter (NYSE: BEC); Biogen (NASDAQ: BIIB); Bruker Corporation (NASDAQ: BRKR); CVS…

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ThursdayDec 02, 2010 9:33 am

National Automation Services, Inc. (NASV.PK) to Settle Outstanding Debt

Today before the opening bell, National Automation Services, Inc. announced that it is in the process of settling outstanding debt with its creditor(s). In progress for some time, this initiative is anticipated to positively impact the company's bottom line and nearly obliterate all debt on the company's balance sheet in the applicable fiscal period. This move will also allow National Automation to move forward steadfastly as it executes a strategic acquisition strategy. As mentioned in prior press releases, the company plans to acquire targeted automation firms throughout the U.S. in the first quarter of 2011 with the goal of capitalizing…

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ThursdayDec 02, 2010 9:26 am

WellTek, Inc. (WTKN.OB) to Expand into New Market

WellTek, Inc. announced yesterday that they plan to expand into the virtual event market, specializing in the healthcare and wellness niche. They will launch a new wholly-owned company, WellTek Events, Inc. A next-generation virtual event platform will serve as the foundation in allowing WellTek and other brands to actively reach, engage, and influence health and wellness conscious consumers with new and existing brand assets, technologies, products, and services. WellTek Events, Inc. is looking to become the industry leader in producing and delivering powerful virtual events for the healthcare and wellness market. This will link exhibitors, attendees, and thought leaders together…

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ThursdayDec 02, 2010 9:22 am

IDO Security, Inc. (IDOI.OB) Announces LOI from UK Distributor for First Multi-Site Order of New MagShoe 3G(TM) Series

Yesterday after the closing bell, IDO Security, Inc., developer of the innovative MagShoe™ shoe scanning device, announced it has received a Letter of Intent (LOI) for its first multi-site deployment of the new MagShoe 3G™ Series issued by IDO Security's local agent, Birmingham, UK-based Scan-X Security Ltd. The company stated that the LOI was the result of a successful field trial conducted earlier. "We are very pleased with the way things are developing for the new 3G series. Our efforts in Europe during the last few months have proven that the multiple pilots and trial runs are an effective means…

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WednesdayDec 01, 2010 3:57 pm

Juhl Wind (JUHL.OB) Receives $12.5 Million in Grants for Wind Project

Woodstock, Minnesota-based Juhl Wind, Inc. announced this morning that it has received a $12,654,150 U.S. Stimulus Grant via the U.S. Treasury Department for its recently completed 20 Megawatt Grant County Wind project in central western Minnesota. The grant was awarded in accordance with the American Recovery and Reinvestment Act of 2009. The Grant County Wind project represents the sixteenth completed project by the rapidly expanding Juhl Wind, Inc. Enacted in February of 2009, the Act intended to create jobs and promote investment and consumer spending during the recession and includes federal tax incentives, expansion of unemployment benefits and other social…

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WednesdayDec 01, 2010 3:52 pm

SeraCare Life Sciences (SRLS) Posts 6th Consecutive Quarter of Profitable Growth; Solid Fiscal Earnings

SeraCare Life Sciences Inc. is a global life sciences company offering products and services for the discovery, development and production of human diagnostics and therapeutics. The company today announced its financial and operational results for the fourth quarter and fiscal year 2010. For the year ended September 30, 2010, SeraCare reported revenue at $50.4 million, an increase of 13 percent compared to $44.4 million for the year ended September 30, 2009. Gross margins increased to 41 percent compared to 35 percent for fiscal 2009. The company reported net income of $6.7 million and earnings per share on a basic and…

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WednesdayDec 01, 2010 1:31 pm

Auxilio, Inc.’s (AUXO.OB) Business Model Offers Prospective Clients Substantial Savings with No Risk

Auxilio blends health care managed print solutions, best business processes and financial expertise to help hospitals and associated clinical and administrative facilities contain costs by managing all expenses related to print production. The company performs a comprehensive analysis of the prospective client's print infrastructure and utilized services at no charge to identify any and all inefficiencies that otherwise go unrecognized. To ensure the best value, the company works on detailed volume reduction strategies right from the start and carefully aligns incentives with each of its hospital partners. Although many companies today provide "free assessments", Auxilio goes another step forward by…

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WednesdayDec 01, 2010 1:06 pm

AVI Biopharma, Inc. (AVII) Video Chart for Wednesday, December 1, 2010

AVII was in a very strong uptrend earlier this year.  While that channel has been broken, the price per share is holding most of the gains and is in a multiple bottom pattern at this point.  Technical traders are on alert for the support to hold and an upturn. 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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WednesdayDec 01, 2010 12:29 pm

Christmas Comes Early for Micro Identification Technologies, Inc. (MMTC.OB)

In what must seem like an early Christmas gift for Micro Identification Technologies Inc. (MMTC.OB), the U.S. Senate passed legislation Tuesday significantly increasing the ability of the government to put pressure on food processors and importers for safer food. Although the Senate bill has a number of limitations, and still faces uncertain prospects in the House, it represents a major push for more inspections, spurred by the recent spate of food contamination recalls. Micro Identification Technologies, creator of the world’s first and only automated bacteria identification system, the patented MIT1000, has already been lining up funding and resources for production…

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