Blog - Page 3738 of 5386

MondayOct 26, 2009 8:50 am

Quick-Med Technologies, Inc. (QMDT.OB) Receives FDA Guidance for NIMBUS Product

Today, Quick-Med Technologies, Inc. announced that the FDA has issued guidance to support the company’s NIMBUS® barrier gauze wound dressings as Class II medical devices. The innovative wound dressing received its initial market clearance in February 2009 following the FDA’s “De Novo” review process, a special clearance program for medical devices that are “not substantially equivalent” to any predicate device. Ladd Greeno, Quick-Med CEO, stated, “This guidance is important because it now lets us pursue other planned medical device applications using our own bandage product as a predicate device. And since we have significant patent protection using this molecule, we…

MondayOct 26, 2009 8:35 am

Wayne Savings Bancshares, Inc. (WAYN) Reports Second Quarter Profit

Wayne Savings Bancshares, Inc. reported earnings for its second fiscal quarter of 2009 totaling $652,000, or $0.23 per share. This was up slightly from the $601,000, or $0.21 per share, it reported in the same quarter last year. Wayne Savings Bancshares, Inc. achieved year over year growth in net income despite a quadrupling of loan loss reserves from $100,000 to $380,000. The bank reported 1.37%, or $5.5 million, of its total assets as nonperforming as of 9/30/2009. The bank saw its net interest income increase $284,000 on a year over year basis as interest expenses fell by a greater amount…

MondayOct 26, 2009 8:32 am

Park City Group, Inc. (PCYG.OB) Previews Strong First Quarter Results

Park City Group, Inc., a retail supply chain solutions company, Friday announced that it expects fiscal first quarter Earnings per Share and EBITDA to exceed expectations with improvement driven by strong revenue growth and expense management initiatives. Highlights of fiscal first quarter preliminary results for the quarter ended September 30, 2009 are below: • Revenue in the range of $2.6 and $2.7 million vs. $530,000 in the first quarter of fiscal 2009. The revenue increase was primarily due to the acquisition of Prescient Applied Intelligence, Inc. in January of 2009. • Sequential quarterly EBITDA improvement of 60% with first quarter…

MondayOct 26, 2009 8:30 am

American Apparel (APP) Announces Opening of Newest Clothing Store in Ideal Canadian District

American Apparel is a vertically integrated branded fashion apparel in downtown Los Angeles. Operating more than 275 retail stores in 20 different countries, the company recently announced its newest store opening in Victoria, British Columbia. The store is located on Lower Johnson Street, a short walk from popular boutiques, restaurants and cafes in the area. The company renovated the 3,000-square-foot space with archive photos of the building’s original look. "Lower Johnson is the perfect street for our brand and we were very set on having our only store in Victoria on this street as opposed to the malls or another…

MondayOct 26, 2009 8:25 am

Investing in the Age of Twitter: Introducing QualityStocksTwits, Enabling Real-Time Discussion and Discovery

QualityStocks, a free service that collects data from hundreds of Small-Cap and Micro-Cap online Investment Newsletters into one free Daily Newsletter Report, today announces the introduction of QualityStocksTwits (“QSTwits”). Available FREE at www.QualityStocksTwits.com, the Web 2.0 site collates Twitter’s investment discussions in real-time, enabling investors to track the web’s savviest investors as well as build their own following. Social media has changed the way we research companies and how information gets processed. QSTwits gathers data from Twitter on any company, big or small. With QSTwits, users can eavesdrop on what traders are talking about right now or contribute to the…

MondayOct 26, 2009 8:22 am

Muscle Flex, Inc. (MFLI.PK) Selects Chief Media as Its National Media Buyer for Its BUDDY Tablet Caddy and the Beagle StepFit Infomercials

Muscle Flex Inc. announced that it has chosen Chief Media as its national media buyer for the BUDDY Tablet Caddy(TM) (www.BUDDYTabletCaddy.com) and the Beagle StepFit(TM) (www.BeagleStepFit.com) infomercials. As one of the nation's top large scale television, print, radio and online media purchasers, Chief Media is a leader in the direct response industry. Chief Media provides a wealth of value added expertise that includes business development, research as well as data tracking, data assimilation and overall program analysis. Having developed a close relationship with the principals at Chief Media, Muscle Flex is eager to utilize their years of expertise in the…

MondayOct 26, 2009 8:15 am

Axial Vector Energy Corp. (AXVC.PK) Sets Sights on Dubai Award for Sustainable Transport Under Environmental Protection Category

Axial Vector Energy Corporation announced today its entry for the Environmental Protection Category for the Dubai Award for Sustainable Transport 2nd Edition, under the patronage of HH Sheikh Hamdan Bin Mohammed Bin Rahid Al Maktoum, Crown Prince of Dubai & Chairman of Dubai Executive Council. This particular award displays Dubai's leadership in supporting sustainable transport to make the world a better place. According to the press release, AVEC'S "ultra clean hybrid taxi" would provide the Dubai government a 50% fuel savings and a 75% reduction in exhaust gases for Dubai Taxi Corporation (DTC) at Roads and Transport Authority (RTA) fleet.…

MondayOct 26, 2009 8:01 am

Clenergen Corp. (CRGE.OB) – Biomass2Biopower Private Ltd. Commences High Density Biomass Trials of Eucalyptus, Casuarinas, and “Vanashree”

Today, Biomass2Biopower Private Ltd. (“B2B”) announced that it has completed the first stage of its R&D program which is focused on the use of indigenous species of trees as viable sources of feedstock for the production of biomass for gasification power plant projects being implemented by Clenergen Corporation. The program aims to provide validation of the yield, production cycles and agronomy requirements as well as offer diversification to Clenergen's integrated feedstock supply chain. "Vanashree" was specifically highlighted in the press release for demonstrating an output of more than 40 tons per acre after 2 years of growth in a variety…

MondayOct 26, 2009 7:47 am

Omnicity Corp. (OMCY.OB) Announces Approval for Electronic Trading

Omnicity Corp. announced this morning that upon filing its 10K Annual Report, the company’s stock has been approved for electronic trading over GlobeNet's Bullet-X transparent electronic trading platform utilizing Pink Link, the leading trade negotiation and execution service for the OTC market. Transforming the OTC trading process, Pink Link is now used by hundreds of market makers and agency brokers. Pink Link brings order and execution report message delivery across Pink OTC Markets' OTC Dealer service or via a FIX 4.1 connection. The execution service will also allow market makers and agency brokers to send market makers order messages to…

FridayOct 23, 2009 2:04 pm

Aethlon Medical, Inc. (AEMD.OB) Up 105% Following Mention in QualityStocks Newsletter

Aethlon Medical Inc.’s stock is currently trading at $0.585 per share, higher by $0.115 or 24.47% for the day on volume of about 2 million shares which is nearly twice the average daily volume. The company's shares are up after they were highlighted in the October 19th edition of the QualityStocks FREE Daily Newsletter. At that time, the stock was trading for only $0.285 a share, which means that in just a few short days, investors could have more than doubled their money on Aethlon Medical. Aethlon Medical creates diagnostic and therapeutic device solutions for infectious disease and cancer. During…

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