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FridayJun 11, 2010 8:53 am

National Holdings Corp. (NHLD.OB) Corrects Accounting Errors for 3QTR ’09 and 1QTR ’10

National Holdings Corp. announced today that the full service investment banking company has corrected an accounting error in which certain revenues and operating expenses were understated in the fiscal quarter ended December 31, 2009 and March 31, 2010. Before anyone panics, the accounting error didn't affect the cash flows from operating, investing, or financing activities of prior time periods. The margins of correction are less than .6% of the total amount of revenues previously listed. To be exact, Revenues were overstated by approximately $61,000 and $157,000, or 0.22% and 0.54%, respectively. Operating expenses were understated by approximately $113,000 and $16,000,…

FridayJun 11, 2010 8:51 am

Xodtec LED, Inc.’s (XODG.OB) LED MR16 Lamp Passes New CE standards

Yesterday, Xodtec LED, Inc. announced that their LED MR16 lamp has passed the new CE standards. This complies with amended EMC Directive published in OJEU (Official Journal of the European Union). Mr. Mike Chou, Chief Operation Officer of Xodtec LED, Inc., commented, "We believe that it is a major achievement for us to meet this test because the standard requires the electronic design to be confined inside the small housing. We hope that this certification will provide us with an advantage in marketing our LED MR16 into overseas markets where it must meet strict safety standards." Xodtec LED, Inc. highlighted…

FridayJun 11, 2010 8:49 am

Diamond Ranch Foods, Ltd. (DRFO.OB) Announces Appointment of Victor Petrone as Chief Operating Officer and Chief Financial Officer

Diamond Ranch Foods, Ltd., a highly strategic food group distributor and processor of a broad selection of the finest quality meats, poultry and foodservice items, recently announced the appointment of Victor Petrone as the company’s chief operating officer. He will also assume the responsibilities of chief financial officer. With extensive experience in the importing / exporting, foodservice and distribution industries, Mr. Petrone founded International Food Specialists Inc. (IFS), an import-export company representing over 70 manufacturers and 500+ product lines, in 2004. In 2006, Mr. Petrone consolidated IFS, Inc. with publicly traded Nascent Wine Company, Inc. where he served as the…

FridayJun 11, 2010 8:46 am

Cytosorbents Corp. (CTSO.OB) Video Chart for Friday, June 11, 2010

CTSO is holding support and looking to challenge the resistance at $.08. We are looking for the support to continue to hold as CTSO tries to find a bottom and make a reversal. Please click the following link: http://www.qualitystocks.net/videocharts.php?chartvid_id=415 Let us hear your thoughts below:

FridayJun 11, 2010 7:52 am

Cellceutix Corp. (CTIX.OB) Emerging as Industry Leader with Autism and Multi-Drug Resistant Cancer Compounds

Cellceutix Corporation, based in Beverly, MA, has been receiving a lot of attention recently with the developments of two of their very special compounds. Cellceutix focuses their attention on the development of small molecules for unmet needs in the field of biotechnology. “Unmet needs” can mean a couple different things. One, it can mean that there is no drug on the market today that approaches a treatment for an illness from a certain clinical perspective. Second, it can mean that the present drugs available are becoming ineffective as cells can develop what is referred to as “resistance” to the standard…

ThursdayJun 10, 2010 1:39 pm

Small Cap Voice: YesDTC Holdings, Inc. (YESD.OB)

YesDTC Holdings, Inc., located in beautiful San Francisco, CA, is an incredibly dynamic direct-to-consumer (DTC) marketing shop and distributor for consumer goods which specializes in client-tailored and highly customized campaigns that leverage the power of direct response television (DRTV), target market-focused internet and full spectrum broadcasting, making YesD capable of taking a marketing concept from the whiteboard to the consumer-space via a comprehensive “total package” approach. From funding the campaign roll-out in house, to handling product distribution, fulfillment and customer service (including call centers), to interfacing with media buyers on the advertisement side of operations, YESD brings infomercials and online…

ThursdayJun 10, 2010 1:36 pm

Small Cap Voice Featured Company: Balqon Corp. (BLQN.OB)

Balqon Corp. has over a decade of engineering and production experience developing electric drive systems and various components for a variety of heavy-duty applications from busses to monorails, and is the only company with field-tested, Heavy-Duty Class 7-8 applications (in production at its manufacturing facility; 15.5k sq. ft., with a 700 unit annual output capacity). In 2009, BLQN debuted its sophisticated new suite of lithium-ion (Li-Ion) powered heavy-duty electric trucks and tractors (30 ton on- and off-highway capable) while simultaneously migrating all heavy-duty electric vehicles (EVs) from lead-acid to Li-Ion batteries, effectively upgrading product lines like their already well-known Nautilus…

ThursdayJun 10, 2010 11:29 am

Golden Star Resources (GSS) is “One to Watch”

Golden Star Resources (AMEX: GSS) is an international gold mining and exploration company that produces gold in the western African nation of Ghana. Through its subsidiaries, the company owns a controlling interest in four significant gold properties in southern Ghana: the Wassa property, the Prestea Underground property, the Bogoso/Prestea property, and the Hwini-Butre and Benso concessions (HBB properties). The company's mines are ideally situated along the prolific Ashanti Gold Belt in Ghana, so it is no surprise that its gold reserves continue to increase. Golden Star's mineral reserves, net of mining depletion, increased by 450,000 ounces, or 14 percent, in…

ThursdayJun 10, 2010 11:28 am

Great Basin Gold (GBG) is “One to Watch”

Great Basin Gold (AMEX: GBG) is a mining company engaged in the development and exploration of gold properties. The company is currently in late-stage development at two projects – the Hollister project and the Burnstone project – in two of the world's most well-known gold producing regions. The Hollister project is located on the Carlin Trend in Nevada while the Burnstone project is located on the Witwatersrand Basin in South Africa. The company's ambition of becoming a mid-tier gold producer is fast becoming a reality and should be achieved some time in the summer of 2010. Currently, the Hollister project…

ThursdayJun 10, 2010 11:18 am

Montavo, Inc. (MTVO.OB) Set to Release mMAP™ Rev 3.0 Which Quantifies In-Store Sales Revenue Deriving from Mobile Advertising Campaigns

Montavo, Inc., www.Montavo.com – developer of the patent-pending Montavo Mobile Advertising Platform (mMAP), a mobile marketing platform that seamlessly ties together client-side mobile device software architectures and highly-relevant, location-based deals and information about real-time product and service advantages, disclosed yesterday that the mMAP platform’s end-to-end testing has been completed with rousing success. The mMAP platform offers unprecedented analytical capabilities for advertisers to validate the cost-effectiveness of advertising in real-time, and Rev 3.0 (launch date slated for Q3 2010) represents a major leap forward for the Company’s overall commercialization efforts to date. Historically the ROI transparency (ad spend to profit ratio)…

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