UTSI is in an interesting position. The indicators are fairly neutral while the chart is holding a solid support level around $1.90. As long as the support level continues to hold, we will have this stock on radar for a rise to the $2.20 resistance line. To view the video chart, visit the following link: http://www.qualitystocks.net/videocharts.php Let us hear your thoughts below:
The management team leading Zentric Inc. has plenty of experience developing new technologies, as well as founding successful companies to develop and monetize those technologies. • Mr. Jeff Mak, President, founder of several companies, has 20 years of experience in the design and technology industry. Among the companies he founded and led is Logicsys Technologies, once publicly traded on the CDNX with over $30 million in annual sales, and Eastgate Innovations, a product research and development company which owns several original patents with licensing to several other companies. • Mr. Kwok Kwong Chan, Director, has spent 35 years in the…
Lighting Science Group Corp. designs, develops, manufactures and markets light emitting diode (LED) lighting solutions. Its world-leading lighting solutions are environmentally friendlier and more energy efficient than traditional lighting products. The company offers retrofit LED lamps in forms that match traditional lamps and bulbs. Lighting Science offers a product line which includes lamps, retail and commercial lighting products, products for public and private infrastructure for both indoor and outdoor uses, and custom solutions for special artistic projects. Lighting Science Group announced today that Leon Wagner has joined the company's board of directors. Mr. Wagner was a founding partner and director…
Hancock Holding Company (HBHC), parent company of Hancock Bank, today announced its definitive agreement with Whitney Holding Corp. (WTNY), in which Whitney will merge into Hancock in a stock-for-stock transaction. The deal was approved unanimously by both companies' boards of directors and is expected to be closed in the second quarter of 2011. Per the agreement, shareholders of Whitney Holding will receive 0.418 shares of Hancock Holding common stock in exchange for each share of Whitney common stock. The value of each Whitney share would be $15.48 based on Hancock's closing price on December 21, 2010, of $37.04, a 42%…
Toronto, Canada-based Intellipharmaceutics International, Inc. released news this morning to report that it has not received any notification, as provided for under the Hatch-Waxman Act, of any patent infringement proceedings by Wyeth Pharmaceuticals, the brand owner of Protonix® and wholly-owned subsidiary of Pfizer, Inc. (NYSE:PFE), for its application to bring to market a generic version of Protonix® (delayed-release pantoprazole sodium) tablets. Intellipharmaceutics announced in October 2010 that the FDA had accepted for filing its Abbreviated New Drug Application (ANDA) for its generic version of Protonix®. Per ANDA protocol, Intellipharmaceutics informed Wyeth that it had submitted paragraph IV certifications of invalidity…
Located in Wilsonville, Oregon, XZERES Wind Corp. designs, develops, manufactures and markets distributed generation, wind power systems for the small wind market. Today, XZERES took a major step towards prominence with the announcement they have launched an online investor relations program with AGORACOM. The program was implemented in response to overwhelming data representing the online research and communications habits of small-cap investors. The program will include an investor relations community for current shareholders and online marketing through search engines and social networks. AGORACOM brings a wealth of credibility to XZERES as they are North America’s largest online investor relations firm…
China Organic Agriculture, Inc. announced yesterday the election effective December 21, 2010 of Mr. Chunyan Liu as their Chairman, and Mr. Edward Zhang as their Chief Financial Officer. Mr. Liu and Mr. Zhang will replace Mr. Kyle Jiang and Mr. Shan Bo respectively, as Chairman and Chief Financial Officer. Mr. Qi Qian, CEO of China Organic Agriculture, Inc. said, “Both Liu's vision and solid experience in agricultural planning and decision making and Zhang’s relationships and extensive background in the financial markets will help the Company accelerate its growth and move to the next level. I’m glad to have them join…
GMX Resources announced that the company has successfully concluded negotiations with its banking syndicate on issues involving the company’s senior credit facility. The company has a $250 million senior secured revolving credit facility with a group of lenders led by Capital One Bank. GMX Resources said that Capital One Bank has reaffirmed the company’s borrowing base at $130 million. This borrowing base is reaffirmed two times during each calendar year, with the next reaffirmation scheduled to be completed before April 2011. GMX Resources reported that a financial covenant in the credit facility was amended by Capital One Bank. GMX Resources…
Yesterday, Cimatron Ltd. announced two distributors that have been appointed to serve the Campinas and Santa Catherina areas of Brazil. The company's further expansion into Brazil is expected to be announced shortly, when the company reveals additional distributors. Cimatron is a provider of CAD/CAM solutions for mold, tool and die producers, as well as parts manufacturers. Operating in over 40 countries, Cimatron's product line, including the CimatronE and GibbsCam brand of software, is utilized for many diverse purposes; from tool design to electrode design to tombstone machining. Cimatron's software is used by clients in such industries as automotive, aerospace, medical…
CDC Software Corp., a hybrid enterprise software provider of on-premise and cloud deployments, yesterday announced its partnership with OnAsset Intelligence Inc., a leading provider of machine-to-machine (M2M) wireless asset tracking, sensing and control solutions. Per the agreement, OnAsset will utilize CDC’s technology to provide enhanced wireless monitoring and sensor data for greater security and business intelligence during the transport of high-value freight. “Real-time asset management is a natural extension of running a smooth supply chain,” Bruce Cameron, president of CDC Software, stated in the press release. “We believe the combination of CDC’s technology with OnAsset’s products offer companies worldwide a…
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