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FridayMay 28, 2010 8:02 am

Javo Beverage Company, Inc. (JAVO.OB) Appoints a New Chairman and Interim CEO

Yesterday, leading supplier of premium dispensable coffee and tea-based beverages Javo® Beverage Company, Inc. announced two new appointments: Ronald S. Beard as Chairman of its Board of Directors and Stanley L. Greanias as Interim Chief Executive Officer. In other news, Gary Lillian will continue as President, and Founder and former Chairman and Chief Executive Officer Cody Ashwell resigned from the Company and its Board of Directors to focus on a new business venture. Since 2004, Ronald Beard has been a director of the company, serving as the Chairman of the Compensation Committee and a member of the Executive Committee. Mr.…

FridayMay 28, 2010 7:59 am

Jamba Inc. (JMBA) Reports Net Loss and Outlines 2010 Goals

Jamba Inc. reported a net loss of $5.3 million, or $0.13 per diluted share, in the first quarter of fiscal 2010, which ended 4/20/2010. The company lost $10.2 million, or $0.19 per diluted share, in the same time period in 2009. Jamba Inc. also reported a decline in revenue on a year over year basis, from $88.9 million in the first quarter of fiscal 2009, to $80.4 million in the quarter that just ended. Comparable store sales fell in the first quarter of fiscal 2010 by 3.3% compared to the prior period. Jamba Inc. outlined the goals that the company…

FridayMay 28, 2010 7:54 am

Conn’s, Inc. (CONN) Reports Higher Gross Margin in First Fiscal Quarter

Conn’s, Inc. reported net income of $5.5 million, or $0.25 per diluted share, in the first quarter of fiscal 2011, which ended 4/30/2010. The company reported net income of $11.4 million, or $0.50 per diluted share, in the same quarter in fiscal 2010. Conn’s, Inc. said that sales in the first quarter of fiscal 2011 were $197.5 million, down from $239.9 million in the corresponding quarter in fiscal 2010. Despite the drop in revenue, Conn’s, Inc. reported a year over year increase in gross margin, which came in at 27.9% for the first quarter of fiscal 2011. Gross margin was…

FridayMay 28, 2010 7:49 am

Hana Biosciences, Inc. (HNAB.OB) Video Chart for Friday, May 28, 2010

HNAB has made two nice moves in the last two months. Now the stock is back down on support and yesterday gave indication that another bounce is possible. Please click the following link: http://www.qualitystocks.net/videocharts.php?chartvid_id=407 Let us hear your thoughts below:

ThursdayMay 27, 2010 3:14 pm

FDA Panel Scheduled to Review MELA Sciences Inc.’s (MELA) MelaFind Approval Application

Medical technology company MELA Sciences Inc. recently announced that its pre-market approval (PMA) for MelaFind will undergo review by the General and Plastic Surgery Devices Panel appointed by the U.S. Food and Drug Administration (FDA) on August 26, 2010. As the deadliest form of skin cancer, melanoma is responsible for roughly 80 percent of skin cancer fatalities, and melanoma rates continue to increase with an estimated 120,000 new cases projected in 2010. There is no cure for advanced-stage melanoma, which makes early detection vital for recovery. MelaFind is the company’s hand-held imaging device that emits multiple wavelengths of light to…

ThursdayMay 27, 2010 2:09 pm

International Fuel Technology Inc. (IFUE.OB) Completes 4 Years of Testing for Proprietary Fuel Additive

International Fuel Technology Inc. today issued an update on years of testing of DiesoLiFT 10, the company’s proprietary fuel additive formulation. The company said it recently completed more than four years of extensive rail engine testing and field demonstration in the U.K., confirming the use of DiesoLiFT 10 provided a significant improvement in use in fuel economy and power. Beginning in January 2006, Interfleet Technology Ltd. conducted a series of four test bed trials and one large-scale in-service field demonstration in various rail engine types and fuel types. The first four trials were test bed trials incorporated the facilities and…

ThursdayMay 27, 2010 12:46 pm

Ad Systems Communications, Inc. (ADSY.OB) is “One to Watch”

Ad Systems Communications, Inc. is a leading service provider of digital media and video communications for all major cable TV networks. Trading on the OTC Bulletin Board, the Company provides quality advertising inventory for cable TV networks such as ESPN, MTV, DISCOVERY, CNN, LIFETIME, A&E, FOX NEWS, and TNT. Ad Systems Communications, Inc. has their headquarters in Salem, Oregon. The Company garners revenue from selling advertising inventory to advertisers for insertion of both long and short form video commercials into highly targeted markets. Ad Systems Communications provides the experience, expertise, and technology to allow cable operators to monetize inventory optimally.…

ThursdayMay 27, 2010 12:00 pm

PTS, Inc. (PTSH.OB) Positions for Massive Growth, Having Squared Away Financials and Filings

PTS, Inc., www.ptspi.com, took a moment today to provide a status update to shareholders detailing important recent activity regarding the Company’s handling of 1Q FY10 filings and financials and its clean wrap-up of the business with subsidiary Disability Access Corp (DBYC). PTSH is now moving forward with solid financials that are 100% squared away, opening the door for various merger and acquisition opportunities. The return of the Company’s special merger and due diligence team from Europe and Asia, which was dispatched May 11th, has yielded substantial high-quality data on multiple prospects; indeed, several companies have shown better-than-expected results, and several…

ThursdayMay 27, 2010 11:58 am

PolyMedix, Inc. (PYMX.OB) Awarded National Science Foundation Grant for Development of Biomimetic Antimicrobial Sutures

PolyMedix, Inc., www.polymedix.com - developer of biomimetics (protein-mimicking polymers and compounds comprised of small molecules), as well as other first-in-class therapies for lethal, acute disorders via a proprietary computational drug design technology – announced today reception of a $150k National Science Foundation (NSF) grant for antimicrobial suture R&D. The Company’s two leading defensin-mimetic candidates have both completed Phase 1B clinical trials and Phase 2 is slated for this year: • PMX-60056 anticoagulant reversing agent • PMX-30063 antibiotic that mimics a defense protein from the host immune system PolyCides™ are a family of antimicrobial polymers developed by PYMX. The grant (commencing…

ThursdayMay 27, 2010 9:48 am

Vanguard Management Corp. (VNGM.OB) to Act as Strategic Consultant for Global Payout

One company that is starting to capture the attention of investors is the San Diego, California based Vanguard Management Corporation. Vanguard Management Corp. is a business unit of the Vanguard Minerals Corporation and has earned a stellar reputation by evolving into a leading private equity, management consulting and business development firm with core competency in emerging growth companies. Today, Vanguard Management Corp. announced that they have been retained as a strategic consultant by Global Payout. Global Payout is a Business to Business services company that offers payment and acquiring solutions for domestic and multi-national companies. Vanguard Management will assist Global…

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