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TuesdayMar 30, 2010 9:50 am

DJSP Enterprises (DJSP) Reports Growth in Adjusted Net Income

DJSP Enterprises reported adjusted net income of $12.1 million for the fourth quarter of 2009. In comparison, the company reported adjusted net income of $7.2 million in the same quarter of 2008. DJSP Enterprises also reported a large increase in revenues, reporting $70.5 million in the fourth quarter of 2009, up from $52.9 million in the same quarter of 2008. Revenues for the full year 2009 were reported at $260.3 million in 2009, an increase of 31% from the $199.2 million reported in 2008. The company attributed the strong growth in revenues to a large increase in foreclosures and real…

TuesdayMar 30, 2010 9:50 am

Star Scientific Inc. (CIGX) Finishes a Decent 2009, Continues Work on a Variety of Nicotine Free Projects

In many cases, when a very large company starts to take notice of what a smaller, similar company is up to there is cause to make a metal note. Larger companies are always on the lookout for possible competition, but also for the possibility of horizontal expansion. It might take a little longer than an investor would like, but profit may be there. Star Scientific Inc., a company oriented toward developing processes that deter the formation of carcinogens on tobacco leaves and tobacco smoke, works to market its products in conventional ways toward cigarettes, but also in other ways that…

TuesdayMar 30, 2010 9:49 am

Bio-Clean, Inc. (BOCL.OB) Video Chart for Tuesday, March 30, 2010

BOCL has been in a long downtrend, but is once again looking poised for a reversal. Watch the video to see why we feel the chart may be trying to turn. Please click the following link: http://www.qualitystocks.net/videocharts.php?chartvid_id=365 Let us hear your thoughts below:

TuesdayMar 30, 2010 8:31 am

Fund.com, Inc. (FNDM.OB) Announces Strategic Acquisition of Weston Capital Management

Today before the opening bell, Fund.com, Inc. announced that it has acquired Weston Capital Management, LLC, an originator and distributor of hedge funds. Founded in 1993 and headquartered in West Palm Beach, FL., Weston Capital earns fees on assets exceeding $1.0 billion under management. Weston Capital has three lines of business: originating and marketing fund of funds; originating and marketing single-manager hedge funds; and raising capital to seed new hedge funds. Earlier this year, Weston Capital and Harcourt AG formed a strategic alliance for investment manager identification and fund seeding. Harcourt, a $4.5 billion alternative investments manager that is majority…

MondayMar 29, 2010 2:10 pm

Home System Group (HSYT.OB) Reports FY 2009 Results, Posts 19% Revenue Increase

Home System Group, an international manufacturer of a variety of household appliances, today posted its financial results and highlights for the year ended December 31, 2009. The company's Weihe subsidiary, acquired in October 2008, contributed significantly to revenue and operating results. Home System Group posted 2009 revenue at $61.8 million, up from $51.9 million in 2008, reflecting $25.3 million of additional revenue from the company’s acquisition of Weihe. Revenue was partially offset by the fourth-quarter 2008 sale of approximately $10 million of raw materials. Gross margin rose to 25.8% in 2009 from 16.2% in 2008, stemming from Weihe's higher margins,…

MondayMar 29, 2010 2:07 pm

Small Cap Voice Featured Company: FreshWater Technologies, Inc. (FWTC.OB)

FreshWater Technologies is an international marketer and distributor of chemical free drinking water purification systems, water softeners & commercial water activation systems. The company currently offers three product lines consisting of drinking water treatment products and water activation products. In addition to organic growth, the company aims to acquire leading edge, chemical free technologies. This focus is in response of regulatory authorities’ increasing concern about chemical substances discharging to a water course. Management believes having a technological advantage is a key to market differentiation. FreshWater also focuses on establishing strong, local partnerships to better manage the language, culture and business…

MondayMar 29, 2010 1:58 pm

Small Cap Voice Featured Company: CitySide Tickets, Inc. (CIST.PK)

CitySide Tickets, Inc. (CIST) offers a diverse range of tickets for sale through their website at www.citysidetickets.com. In addition, visitors to the company’s website can use the site to sell tickets they have available. CitySide Tickets’ focus is on offering tickets to quality theatre acts in a variety of cities. The company offers concert tickets, theatre tickets, and sports tickets to their customers. Currently, CitySide Tickets is offering concert tickets for acts such as Taylor Swift, Bon Jovi, Lady Gaga, and Elton John & Billy Joel, to name a few. For Theatre tickets, the company is offering tickets for Wicked,…

MondayMar 29, 2010 1:50 pm

XO Holdings, Inc. (XOHO.OB) Subsidiary Rolls Out Nationwide 40 Gbps Service

XO Holdings, Inc.’s subsidiary XO Communications, a leading US provider of sophisticated broadband services and solutions through its wireless, high-capacity nationwide and metro networks such as data, voice and IP, announced today the debut of 40 gigabits per second (Gbps) service in all of its 75+ major metropolitan markets. The growing demand for high-speed, scalable, high-performance connectivity solutions, especially from enterprise and wholesale customers (who seek greater traffic capacity and require the necessary fidelity to go along with it), has prompted this move by the Company. Sizeable enterprises, like financial institutions and trading firms, are generating unprecedented demand for secure…

MondayMar 29, 2010 1:47 pm

AlphaRx, Inc. (ALRX.OB) to List Canadian Subsidiary, Expand Chinese Footprint

AlphaRx, Inc., the pharmaceutical developer using a proprietary, site-specific nano delivery technology to reformulate FDA approved drugs to offer significant medical and commercial improvements, announced today plans to list the Company’s China-focused Canadian subsidiary on an exchange in Canada. This move by ALRX will effectively create two public companies, one consisting of developed markets, and one for emerging markets like Asia. With an array of products for multiple pharmaceutical markets, from inflammation to pneumonia and stroke, ALRX is well-positioned to capitalize on this strategic shift to a structure composed of two independent units which will be better able to address…

MondayMar 29, 2010 12:07 pm

Telkonet, Inc. (TKOI.OB) Secures New Coast Guard Contract and Extends Naval Contract

Telkonet Inc. is one of the market-leading clean technology companies providing integrated, centrally-managed energy management and smart grid networking solutions to the emerging $50 billion smart grid and energy efficiency markets. The company is one of the top three occupancy-based energy management control providers in each of the hospitality, education, healthcare, military, commercial and residential markets. The company announced today that it has been selected to deploy its Telkonet SmartEnergy energy management system on two separate military bases. The two contracts, together worth approximately $400,000, were awarded to Telkonet as part of overall base energy efficiency projects through a large…

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