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FridayApr 09, 2010 8:18 am

Reba McDermott named Chief Financial Officer of SouthPeak Interactive Corp. (SOPK.OB)

SouthPeak Interactive Corporation, based in Midlothian, VA, recently announced that they have appointed Reba McDermott as their new Chief Financial Officer (CFO). The appointment is effective as of April 1, 2010. Ms. McDermott has been serving as SouthPeak’s interim Chief Accounting Officer (CAO) since August 2009. As CAO, Ms. McDermott’s responsibilities includs directing the organization's overall financial policies and overseeing all financial functions including accounting, budget, credit, and tax. As the newly appointed CFO, Ms. McDermott will be filling the role for SouthPeak’s CEO, Melanie Mroz, who had been acting as interim CFO. Ms. McDermott holds a variety of degrees…

FridayApr 09, 2010 8:16 am

Aquentium, Inc. (AQNM.OB) Announces Distributorship Opportunities in Minnesota

Aquentium, Inc., a global diversified energy-saving solution and technology company, recently announced that it is now offering distributorships in Minnesota for their water and air treatment and food safety equipment. The company’s product line of commercial ozone equipment is a green alternative to chemicals for disinfection of both air and water and can be utilized by a number of industries. Aquentium provides technologies that combat e-coli, salmonella, listeria and other bacteria or viruses. In addition, the company’s non-chemical sanitation equipment is cost effective and provides improved safety for food and beverage processors, hotels, restaurants, hospitals and schools. In addition to…

FridayApr 09, 2010 8:13 am

Guardian Technologies International Inc.’s (GDTI.OB) Tri-Partnership Created to Combat Tuberculosis

Guardian Technologies International Inc. today announced its partnership with Prior Scientific (www.prior.com) and Olympus Soft Imaging (www.soft-imaging.net) to create and ensure rapid integration of Guardian's Signature Mapping (SM TBDx) diagnostic software into a “first-of-its-kind, fully automated sputum microscopy solution for the computer-aided-detection of tuberculosis.” Guardian Technologies’ imaging solutions and analytics create integrated information management products and services for disease detection and airport security. The technologies were designed for the end point of rapid decision-making and enhanced organizational productivity and accuracy. A collaborative agreement between Guardian, The Aurum : www.auruminstitute.org/news_archive.php Institute for Health Research (Aurum), and the South African National Health…

ThursdayApr 08, 2010 3:53 pm

Retailers Post Increase in March Sales, but Analysts Aren’t Celebrating Yet

After a winter of uncertainty, analysts are celebrating the increase in retailers’ March sales. The Thomson Reuters' Same-Store Sales Index rose 9.1% last month to the highest level in the index's 10-year history. Companies such as Kohl’s, Nordstrom, The Limited and Gap posted rising numbers, prompting some to say that its proof of an improving economy and increased consumer spending. However, some analysts are hesitant to laud the improved numbers. Howard Davidowitz of Davidowitz & Associates commented that "there are some positives" in consumer spending, but he believes it's a "sucker's rally" in retail stocks and any rebound in consumer…

ThursdayApr 08, 2010 3:14 pm

Spare Backup Inc. (SPBU.OB) Launches FileSafe™ for Comet

Today, Spare Backup Inc. announced the launch of its 'FileSafe™,' product with Comet, a leading UK electricals retailer. FileSafe™, a remote, secure customer backup proposition, ensures that a customer’s precious and valuable electronic files are protected and readily available, even in the event of a hardware fault or total loss. The companies have jointly developed FileSafe, which is planned to be available in126 Comet stores. "In the past we have spoken to other leading retailers in the UK but it was Comet that really wanted to seize the day and provide a safe and secure unlimited backup proposition for its…

ThursdayApr 08, 2010 1:55 pm

CytoCore, Inc. (CYOE.OB) Picks Sales Veteran to Expand European Penetration

CytoCore Inc., a leading developer of extremely accurate, cost-effective and easily deployable early-warning cytology screening systems, with specific emphasis on gynecological cancers like cervical or endometrial, today announced the retention of Dr. Mauro Scimia to head up the Company’s European marketing and sales division. CEO of CYOE, Robert McCullough Jr., pointed to the outstanding track record of successes in “cervical cytology screening and molecular testing sales combined with his focus on execution and strong management skills” as contributing to his appointment to this position. A 15-year veteran, leading sales, marketing and management concerns with such industry powerhouses as Cytec –…

ThursdayApr 08, 2010 1:51 pm

Sunergy, Inc. (SNEY.OB) Provides Status Update on Mining Concessions in Ghana

Sunergy, Inc., an aggressive mining and exploration firm with operations primarily focused on the fully-owned 150 sq. km. Nyinahin mining concession in West Africa’s Ghana, took an opportunity this morning to provide a status update on operations at the Nyinahin site. With a full prospecting license for gold, silver, diamond and base metals, and alluvial gold/diamond production potential being thoroughly tested along the Ofin River (which cuts through the eastern half of the site) in the upcoming months, pit testing and bulk sampling from the many dormant artisan pits will also begin when the rainy season passes. With these factors…

ThursdayApr 08, 2010 1:36 pm

Fund.com, Inc. (FNDM.OB) Video Chart for Thursday, April 8, 2010

FNDM appears to be trying to find a bottom. Will history repeat itself from 5 months ago with a 200% run? Watch the video as to why this may happen! Please click the following link: http://www.qualitystocks.net/videocharts.php?chartvid_id=371 Let us hear your thoughts below:

ThursdayApr 08, 2010 12:00 pm

Cortex Pharmaceuticals Inc. (COR) Posts Q4, FY 2009 Financials

Cortex Pharmaceuticals Inc. is a California-based neuroscience company focused on novel drug therapies for neurological and psychiatric disorders. The company recently posted its fourth quarter and full year financial results, as well as recent developments. Cortex reported a net loss applicable to common stock of $1,599,000, or $0.02 per share, for the quarter ended December 31, 2009, compared with a net loss of $3,130,000, or $0.07 per share, for the same three-month period of 2008. For the fiscal year ended December 31, 2009, Cortex reported a net loss applicable to common stock of $10,788,000, or $0.19 per share, compared to…

ThursdayApr 08, 2010 11:58 am

Transdel Pharmaceuticals (TDLP.OB) Closes $1 Million Debt Financing

Transdel Pharmaceuticals Inc., a specialty pharmaceutical company focused on developing topically administered products using its Transdel™ proprietary transdermal delivery platform, today announced completion of a private source financing agreement in the amount of $1 million. The source of the financing is an existing shareholder, backed up by a senior convertible promissory note carrying an annual interest rate of 7.5% and a two-year term. The holder has the right to convert all or part of the outstanding principal and accrued interest on the note into shares of Transdel common stock at a conversion rate of $1.00 per share. Transdel has the…

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