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MondayMar 23, 2009 3:43 pm

March 23rd CEOcast Weekly Newsletter

Companies featured in this edition of the newsletter: CNLG, ESYM, GERS, ICLK, IWEB, MNDL, PHC, PLKH, PSTI, SKYI, SVUL, TAGS, URGP, XCR For the second time in as many weeks, markets managed to end the week in positive territory following a surprise announcement by the Fed that it plans to inject another round of capital into beleaguered financial firms in an attempt to spur continued economic recovery. The Dow finished up 54 points on the week, closing at 7278, up 0.8%, narrowing its YTD loss to 17.1%. The Nasdaq finished up 1.8%, closing at 1457, paring its yearly loss to…

MondayMar 23, 2009 11:02 am

Small Cap Voice Featured Company: Nexia Holdings, Inc. (NXHD.OB)

Nexia Holdings, Inc. is a diversified holdings company with operations in health and beauty, fashion retail, and real estate. Currently, the company owns two salons, one retail store, one online retail store and two commercial properties. The two salons, Landis Lifestyle Salon and Landis Salon, are both located in Utah. Landis Lifestyle Salon, located in Salt Lake City, is an Aveda™ Lifestyle Salon, while Landis Salon, located in Bountiful, is an Aveda™ Concept Salon. Nexia plans to grow the Landis brand to a national level with up to 5 locations in the Salt Lake region before executing a national expansion…

MondayMar 23, 2009 10:50 am

Small Cap Voice Featured Company: Endevco Inc. (EDVC.OB)

EnDevCo, Inc.’s investment philosophy is “...Science Before the Drill Bit”. The company believes the sensible application of geoscience technologies provides significant risk reduction while substantially improving the upside profit potential for oil and gas exploration and production investments. EnDevCo’s highly experienced management team is dedicated to developing projects that are consistent with the company’s corporate business model and investment strategy. As a result, all of EnDevCo’s projects have existing infrastructure that can be leveraged and substantial upside potential through the application of new technology. Another key business focus of the corporation is the development and implementation of new energy technologies.…

MondayMar 23, 2009 9:27 am

Ever-Glory International Group, Inc. (EVK) Releases Fiscal Results for Period Ending December 31, 2008

Ever-Glory International Group, Inc. (EVK), an apparel supply chain manager and retailer based in China, announced today its financial results for the period ending December 31, 2008. Having achieved net sales of $70.3 million in 2007, Ever-Glory was able to increase net sales 38.6% to $97.5 million for 2008. A portion of the growth in net sales was due to the introduction of a new retail product “LA GO GO”. The other major component of the change in net sales was due to the broadening of Ever-Glory’s wholesale business to customers in Japan, Europe, the U.S., and the People’s Republic…

MondayMar 23, 2009 9:09 am

Perf Go Green Holdings Inc. (PGOG.OB) Gets the Greenlight for Growth and Expansion through $10 Million Credit Facility

Perf Go Green Holdings Inc. (PGOG.OB) has emerged as a market leader in the search for efficient and innovative green solutions and biodegradable products. The company today announced it has secured an aggregate $10 million in supply and factoring credit from Star Funding Inc., which is expected to fuel the company’s growth initiatives. Michael Caridi, COO of Perf Go Green, said the company will use the $10 million facility to execute its business strategy to remain a competitive player and take full advantage of the green market. "This agreement is extremely positive as it affords Perf Go Green the ability…

MondayMar 23, 2009 9:06 am

Investors Enjoy Surging Stock Rally as Home Sales Rise and Government Announces Bank Plan

In afternoon trading, the Dow is up 4.40% (+320.10 points), the Nasdaq 4.15% (+59.82 points), and the S&P 500 4.53% (+34.80) following the announcement of the government’s plans to remove bad assets from banks’ books as well as a report showing a surprising increase in home sales. The Treasury Department said that the financial effort would rely on the government's $700 billion financial rescue fund, the Federal Reserve and the Federal Deposit Insurance Corp., as well as private investors. The plan is designed to draw in private investors, including big hedge funds, to participate by offering billions of dollars in…

MondayMar 23, 2009 6:55 am

GreenChek Technology (GCHK.OB) Poised To Reclaim the Environment

GreenChek Technology has a stated focus of “giving back to the environment while redesigning the future”. A lot of companies talk “green”, but GreenChek can back up everything they say. The key is a unique technology called Onboard Hydrogen Generation and Injection (OHGI), a way of using hydrogen to increase engine efficiency and greatly reduce emissions. Hydrogen has long been known as a way of improving the fuel combustion process, but a system that can generate hydrogen onsite or onboard a vehicle represents a huge step in making the benefits of hydrogen immediately available to the marketplace. Much of the…

MondayMar 23, 2009 6:51 am

CNS Response, Inc. (CNSO.OB) Awarded Third U.S. Patent Targeting the Development of New Indications for Existing Drugs

CNS Response, Inc. announced that it has received a patent from the U.S. Patent and Trademark Office. The patent, numbered 7,489,964 and titled “Electroencephalography Based Systems and Methods for Selecting Therapies and Predicting Outcomes”, extends application of rEEG® technology to novel methods that can expand indications for CNS pharmaceuticals. "One of the most compelling opportunities in pharmaceutical marketing is the ability to expand new indications for already approved medications," commented CNS Response CEO Len Brandt. "With the successful completion of our multisite study for the treatment of resistant depression, I believe we will have demonstrated the utility of the rEEG…

MondayMar 23, 2009 6:42 am

Brainstorm Cell Therapeutics Inc. (BCLI.OB) Elects Malcolm Taub to its Board of Directors

Brainstorm Cell Therapeutics Inc. today announced the election of Malcolm S. Taub to its Board of Directors. Malcolm Taub has had a distinguished career in the practice of law in New York City for 34 years. He has had a varied practice ranging from complex Federal Securities matters, fraud litigation to real estate litigation. He has been a leader in Latin American securities matters and has served as a consultant to the Argentinean Stock Exchange. His investment firm provided consultation, as well as advice with respect to bringing foreign private entities public in the United States. Mr. Taub has been…

MondayMar 23, 2009 5:38 am

China Agritech, Inc. (CAGC.OB) Management Accumulates Company Stock

China Agritech, Inc., a national liquid and granular organic compound fertilizer manufacturer and distributor in China, announced that Mr. Yu Chang, Chairman, CEO, and President of the company, and one of the directors of the company, Ms. Xiaorong Teng, have purchased shares in the open market. According to the press release, Mr. Yu Chang purchased a total of 27,012 common shares at prices ranging between $0.86 and $1.05 per share and Ms. Xiaorong Teng purchased 20,000 common shares at prices ranging between $0.86 and $1.01 per share. Mr. Yu Chang commented, "We believe we have built a successful business and…

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