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WednesdayJun 09, 2010 12:50 pm

Qiao Xing Universal Resources, Inc.’s (XING) Chairman Resumes His Share Purchase Plan

Qiao Xing Universal Resources Inc. is an emerging Chinese resources company. It owns the rights to receive the expected residual returns from Chifeng Haozhou Mining Company Ltd., a large copper-molybdenum poly-metallic mining company in Inner Mongolia, China. The company today announced that Ruilin Wu, its chairman and CEO, has resumed the share purchase plan pursuant to which he planned to purchase up to an aggregate of $10 million worth of the outstanding shares of Qiao Xing. The share purchase plan, originally disclosed on September 29, 2008, had been put on hold primarily due to increased market uncertainties resulting from the…

WednesdayJun 09, 2010 9:15 am

Cannabis Science, Inc. (CBIS.OB) Making Marijuana News Again as the End of Prohibition Draws Near

Cannabis Science, Inc., a pioneering U.S. biotech company developing pharmaceutical cannabis products released today a statement along with poll data regarding the legalization of marijuana. Polls taken in California show that 49% of Californians are in favor of legalization with 41% opposed. The Company predicts that recent legal action in Los Angeles County that will effectively close over 400 dispensaries will make the environment more favorable to the advancement of medical science utilizing cannabis. While medical marijuana is a hot button issue in the political realms, medical patients who use it see it as an absolute necessity. Cannabis Science works…

WednesdayJun 09, 2010 9:13 am

Advant-e Corp. (ADVC.OB) Announces Dividend Payments

Out of the multitudes of Pink Sheet and OTCBB companies, it is certainly refreshing to run across one that pays its investors dividends, regardless of the dollar amount. Advant-e Corp., a provider of Internet-based Electronic Data Interchange and electronic document management software, has released word that it will be issuing a dividend payment to its investors of $.01 per share. Advant-e Corporation will be paying the dividend on June 28th, 2010 for investors on record as of June 14th, 2010. This is actually the second installment of a dividend dispersement that the Board of Directors approved on October 30, 2009.…

WednesdayJun 09, 2010 8:46 am

Simulated Environment Concepts, Inc. (SMEV.PK) Engages Dermscan Group to Confirm SpaCapsule’s Weight Loss/Anti-Cellulite Benefits

Simulated Environment Concepts (SE Concepts), makers of the high pressurized dry water massage and relaxation station SpaCapsule, announced this morning that international cosmetic and clinical research company, Dermscan Group, is currently running clinical trials on the effect SpaCapsule has on weight-loss and cellulite reduction. "We created the SpaCapsule with the intent to aid in weight-loss and cellulite treatment," stated Dr. Ella Frenkel, Chairman and CEO of SE Concepts. "And with hundreds of machines having been quietly sold over the past nine years, we've collected sufficient evidence to document the cellulite reduction and weight loss benefits of our SpaCapsule. However, we're…

WednesdayJun 09, 2010 8:30 am

DJSP Enterprises, Inc. (DJSP) Video Chart for Wednesday, June 9, 2010

DJSP is a chart trying to find a bottom. The doji yesterday is a basic reversal pattern. The DJSP video chart is more than a “chart to watch.” It is a basic lesson in combining 15 minute charts with daily charts in technical analysis. Please click the following link: http://www.qualitystocks.net/videocharts.php?chartvid_id=414 Let us hear your thoughts below:

WednesdayJun 09, 2010 8:25 am

Balqon (BLQN.OB) Signs Agreement to Ship Zero Emission Electric Vehicles and Drive Systems to Costa Rica

Balqon Corp. announced today that through a new dealer agreement with Electric Cars of Costa Rica S.A., they will be introducing their zero emission medium and heavy duty electric vehicles for Class 7 and Class 8 applications. In the United States, Class 7 rated vehicles are trucks that have a gross vehicle weight rating (GVWR) of 26,001 to 33,000 pounds. Class 8 rated vehicles are trucks that have a GVWR of over 33,000 pounds. This rating includes all tractor trailer trucks. Founded in 2001, Electric Cars of Costa Rica has sales and services locations in the major markets in Costa…

WednesdayJun 09, 2010 8:24 am

Vivakor, Inc. (VIVK.OB) Announces New Markets and Increases Revenue Projections Further

Late Tuesday, Vivakor, Inc. announced that they expanded the market for VivaSight Technologies to adult vision care. In addition, the Company further increased their revenue outlook for their VivaSight division. Mr. Matt Nicosia, Vivakor Inc.'s Chairman, said, "Adult vision care is a growing market with an aging population. Existing vision screening devices do not properly detect adult issues and our technology has the capability of addressing this need. VivaSight technology is useful mainly for children's screening but has the potential to be a very valuable asset in adult vision care. Our devices use cutting edge technology developed by our multidisciplinary…

WednesdayJun 09, 2010 8:24 am

Madison Avenue Media, Inc. (KHZM.OB) Acquires ProMark Data and Media Group’s Capital Stock

Yesterday, digital media resource provider Madison Ave. Media, Inc. announced that the company has acquired 100% of ProMark Data and Media Group’s capital stock. The acquisition occurred via a share-for-share transaction. Madison Ave. Media (formerly Kahzam Inc.) owns and delivers an integrated matrix of business and proprietary digital media resources designed to generate significant revenue and returns. Madison Ave’s multidisciplinary executive and management teams include business experts with the requisite vision, diversity, focus and experience to deliver prompt and successful results for itself and its clients. Acquiring ProMark is a step towards consolidating the best assets of each company. ProMark,…

WednesdayJun 09, 2010 8:23 am

Artificial Life, Inc. (ALIF.OB) Announces the Launch of Green Cortex, Inc.

Artificial Life, Inc., a pioneer in artificial intelligence and mobile technology, recently announced that the company has established a new subsidiary to develop more mobile business applications and sustainability products for the booming green IT business. Green Cortex, Inc., the new business entity based in Hong Kong, will assist companies in minimizing their global carbon footprint and energy consumption. The new website of Green Cortex, Inc. can be found at: www.green-cortex.com. Some of the planned products of Green Cortex include a Community Cortex that targets the general mobile and Internet markets and offers a range of green web and smart…

WednesdayJun 09, 2010 8:23 am

New York & Company, Inc. (NWY) Reports Lower Guidance For The Second Quarter

New York & Company, Inc. announced that the company’s expected loss for the second quarter of fiscal 2010 would be higher than was predicted at the previous guidance update given in May 2010. New York & Company, Inc. said that the bigger loss was due to current trends of flat comparable store sales, higher promotional discounting and higher operating expenses, including buyer and occupancy costs. The company also expects selling, general and administrative expenses to increase by 300 basis points due to greater investment in the store base. New York & Company, Inc. reported a net loss from continuing operations…

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