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TuesdaySep 29, 2009 8:51 am

China Armco Metals Inc. (CNAM.OB) Receives Speculative “BUY” Recommendation from Toro Research

China Armco Metals is a leading distributor of imported metal ore with a plan of action to launch a new state of the art scrap metal facility in their home country. With their unique business structure, China Armco has caught the attention of Toro Research which issued a speculative buy on the company. According to the Toro Research Report, the recommendation was based primarily on China Armco’s revenue performance for the first half of 2009 as it relates to current market trends in the commodity industry and the company’s expanding growth. Within the Toro Report, China Metals received a rating…

TuesdaySep 29, 2009 8:43 am

Pro-Tech Industries, Inc. (PTCK.OB) Secures Approximately $6 Million in Additional Contracts for 2009 – 2010

Pro-Tech Fire Protection Systems Corp. and Conesco, Inc., wholly owned subsidiaries of Pro-Tech Industries, Inc. (PTCK.OB), recently announced that the company has secured approximately $6 million in new contracts for its fire protection, electrical and flooring business units. The new projects are located in Sacramento, San Diego, Barstow and Berkeley, California, as well as in Reno and Las Vegas, Nevada. Included in the $6 million is the recently awarded contract in the amount of $3.5 million for the retrofit of the U.S. Marine Corps facilities in Barstow, CA. Management expects that revenues from these projects will commence in the fourth…

TuesdaySep 29, 2009 8:41 am

JitneyTrade to Use QuoteMedia, Inc.’s (QMCI.OB) Products in Online Services

Yesterday, QuoteMedia, Inc. announced that it will provide streaming real-time portfolio management and comprehensive financial market data and research information to JitneyTrade, an online Canadian broker. JitneyTrade, a company specializing in active traders, will integrate QuoteMedia’s products into the services it offers its brokerage customers. A spokesman for the company stated that the partnership is both exciting and significant. The company’s contracted services encompass an extensive array of its products, including raw quote and research data via QuoteMedia's DataFeed solutions and a plethora of QuoteMedia's content and research products. Additionally, JitneyTrade will provide its clients with Quotestream(TM) Desktop and Quotestream…

TuesdaySep 29, 2009 8:05 am

Muscle Flex, Inc. (MFLI.PK) Readies Direct Response TV Infomercials for New Products, Coinciding with Several Major National Promotions

Muscle Flex Inc. announced this morning that it will be releasing The BUDDY Tablet Caddy(TM) and the Beagle StepFit(TM) Pedometer simultaneously in early November. The company gave two primary reasons for this release strategy: 1. Muscle Flex decided to run both commercials in the same markets so that each product reinforces the other in terms of corporate and product awareness. 2. Muscle Flex has lined up a number of high profile national promotional events that will bring significant market awareness to the Muscle Flex brand as well as both products simultaneously. These high profile promotional events have yet to be…

TuesdaySep 29, 2009 7:50 am

Clenergen Corp. (CRGE.OB) Leases 2,000+ Additional Acres in India for Biomass Plantations

Clenergen Corp. announced today that it has secured long term leases effective 25 years on plantation land parcels in the Tirunelveli District of Tamilnadu for cultivation of its feedstock. The company has already begun working on the first parcel of 850 acres for a detailed survey prior to designing the irrigation system and commercial planting. The lease has been provided by Emberumanar Jeer Trust, an entity regulated by the Government of Tamilnadu. The company has also been granted a lease of 1,200 acres from a similar Government of Tamilnadu, which is anticipated to be closed by October 30th 2009 after…

MondaySep 28, 2009 4:05 pm

September 28th CEOcast Weekly Newsletter

Companies featured in this edition of the newsletter: ACTC, CHIP, CUR, CVM, ENZ, IMUC, IWEB, SRCO, SVUL, XSNX Markets finally snapped their winning streak last week, as weakness in housing markets and durable goods orders led to broad-based declines in all of the major indices. All told, the Dow surrendered 155 points on the week to close at 9665, down 1.6% on the week but up 10.1% on the year. The Nasdaq lost 2.0% on the week to close at 2090, up 32.6% on the year, while the S&P 500 and Russell 2000 posted losses of 2.2% and 3.1% respectively,…

MondaySep 28, 2009 2:01 pm

QualityStocks Featured Client eDoorways Corporation (EDWY.PK) Up 1,000%, Hits All-time High

The stock of eDoorways Corporation is currently trading at $0.143, up $0.054 or 60.67% for the day. This strong upward move in price has occurred on strong volume in excess of 11.25 million shares. Earlier in the day, the stock hit an all-time high of $0.1443. The stock is up over 1,000% from less than 3 months ago! eDoorways Corp.’s goal is to change how consumers solve their lifestyle problems by matching consumers' needs with businesses that offer the best solutions while driving traffic to these suppliers and service providers. The company will do this through its first 'doorway', called…

MondaySep 28, 2009 1:10 pm

Market Braces for Tidal Wave of Economic Data

Investors are approaching the week with “itchy trigger fingers”, according to chief investment strategist for Northern Trust, Jim McDonald. After last week’s housing and manufacturing data checked the market’s 7-month advance, the pits are wary going into a week set to be dominated by more reports on leading economic indicators. The Labor Department’s monthly report due out Friday will be paramount to many, addressing concerns over unemployment. Compounding the uneasiness will be reports on industrial output, pricing, consumer confidence, factory orders and construction spending. Investors will also be watching for new outlooks in anticipation of 3Q earnings data next month,…

MondaySep 28, 2009 1:06 pm

Clenergen Corp. (CRGE.OB) Has an Outstanding Group of Directors and Scientific Advisors

Clenergen Corp. has developed a unique system of co-gasification and localized plantation management using proprietary and mixed biomass feedstocks to implement sustainable supplies of clean energy to regional, independent clients and national electric grids. The “distributed environmental power system” or DEPS combines significant proprietary advancements in plant science with proven, long-standing engineering technologies to achieve the goal of renewable and sustainable supplies of electricity. Clenergen has an absolutely outstanding group of scientific advisors and non-executive directors to guide them on a path to future success. Here is a brief overview of the group: Dr. N. Barathi – Biotechnology Science Advisor…

MondaySep 28, 2009 12:03 pm

Stream Global Services Inc. (OOO) Customer Service is Not Dead

As the world economy begins to find its footing after recent economic events, companies are increasingly looking at costs and how to reduce and control them. In past years, capital was cheap and many institutions let capital flow with little regard for cost controls. Although this was poor judgment, it was nonetheless common practice. Today, however, cost controls are a very much needed necessity to be accomplished in a variety of ways. A company that can aide in achieving these goals is one that could be very profitable. As this reality settles in, these types of companies will become more…

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