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ThursdayMay 14, 2009 6:48 am

Deep Down, Inc. (DPDW.OB) Reports First Quarter Financial Results

Today, Deep Down, Inc. announced its unaudited results for the first quarter ended March 31, 2009. Revenues for the quarter totaled $7,102,589, up 13.1% compared to $6,279,465 for the first quarter of 2008. The increase in revenues included $2.6 million from the acquisition of Flotation Technologies. Net loss for the quarter was $729,775 compared to a net loss of $89,477 for the same period of 2008. Ron Smith, President and Chief Executive Officer stated, “Historically, the first quarter is our weakest operating quarter; however, our operations as a whole have been naturally affected by the economic slowdown and falling oil…

ThursdayMay 14, 2009 6:39 am

Mobiform Software, Inc. (MOBS.OB) Cleared to Begin Trading on the OTCBB Exchange

Mobiform Software, Inc. announced that FINRA, the largest independent securities regulator in the U.S., has cleared the company's application to trade its common stock on the over-the-counter bulletin board (OTCBB). Mobiform CEO Ron DeSerranno stated, "Today, we are celebrating with Mobiform investors as their common stock becomes available for trading in the public market. We appreciate the patience of our investors in getting to this stage. We are excited about the opportunities for Mobiform, and our Management Team is dedicated to the continued growth of the company." Mobiform specializes in the visualization of real-time data and has produced exceptional data…

ThursdayMay 14, 2009 6:31 am

PetroAlgae’s (PALG.OB) Letter to Shareholders

PetroAlgae, an emerging renewable energy company, today issued a Special Letter to Shareholders. The letter updates the investment community on the current status of the company and its future growth outlook. The entire letter is posted below: “Dear Fellow Shareholder, As an investor in PetroAlgae Inc. (OTCBB: PALG), you have joined a select group of forward-looking people who understand the potential of micro-crops as one of the most viable new sources of clean, renewable feedstocks in the petroleum and biofuels industries. Moreover, you have delivered a vote of confidence in a company with technologies that we believe are on the…

ThursdayMay 14, 2009 5:48 am

Mantra Venture Group Ltd. (MVTG.OB) Announces QualityStocks Coverage

Mantra Venture Group Ltd. announced they will be featured in upcoming Daily Newsletters, Daily Blogs, and Message Boards. QualityStocks has over 750,000 subscribers to The Daily Stock Newsletter, which is a free service that collects data from hundreds of Small-Cap and Micro-Cap online Investment Newsletters and puts it all into one Free Daily Newsletter Report. Mantra Venture Group Ltd. is focused on becoming a world leader in the development of commercially viable, sustainable technologies by minimizing the impact of human activity on our climate, environment and health. The company aims to bridge the gap between innovation and investment by identifying…

ThursdayMay 14, 2009 5:25 am

Mantra Venture Group Ltd. (MVTG.OB) to Receive Canadian Federal Funding

Mantra Venture Group Ltd. announced yesterday after the closing bell that it has entered into a Contribution Agreement with the National Research Council of Canada Industrial Research Assistance Program (NRC-IRAP) with the purpose of advancing its Electro-Reduction Technology (ERC) towards commercialization. In addition to business and technical advisory and development support, this agreement will provide research and development funding of up to $75,000. In the press release, the company stated, “The objective of this project, entitled ‘Electroreduction of Carbon Dioxide Development Program,’ is to establish the technical basis for electro-reduction of carbon dioxide to formate using Mantra's ERC technology. The…

ThursdayMay 14, 2009 5:16 am

Kraig Biocraft Laboratories, Inc. (KBLB.OB) Makes Great Strides

Kraig Biocraft Laboratories, Inc. is a young company that was founded by the inventor of the company’s technology and its current CEO, Kim Thompson. Mr. Thompson devised the idea for using silkworms to produce unique proteins that could be sold into both the technical textile and pharmaceutical industries. Should he be successful in this endeavor, it is widely believed that he will be considered one of the great geniuses of the biotech industry. One of the keys to the company’s success will be spider silk. The marketplace has asked the question, what is so exciting about spider silk? The answer…

ThursdayMay 14, 2009 4:56 am

NXT Nutritionals Holdings, Inc. (NXTH.OB) Announces Advantage Sales and Marketing, LLC as National Sales Broker for SUSTA™

NXT Nutritionals Holdings, Inc., a developer and marketer of proprietary, patent-pending healthy natural alternative sweeteners, food and beverage products, recently announced an agreement with Advantage Sales and Marketing, LLC, a consumer packaged goods sales and marketing agency specializing in grocery, drugstore, club, convenience, natural/specialty, sporting goods, consumer electronics and home center channels. NXT Nutritionals Holdings, Inc. has commenced this agreement to market the company’s SUSTA™ natural sweetener and all-natural Healthy Dairy® Yogurt smoothies. Advantage Sales and Marketing’s cradle-to-cart—post-manufacture to consumption—customized sales and marketing solutions includes headquarter sales, retail merchandising and marketing services. Michael McCarthy, president and chief executive officer of…

WednesdayMay 13, 2009 12:21 pm

Superlattice Power Inc. (SLAT.OB) Acquires Electrochemical Equipment with Plans to Target Fortune 500 Companies for Prototype Review

Superlattice Power Inc. develops rechargeable lithium ion batteries for a wide range of applications, including portable electronics like laptops and electric vehicles. The company has expanded from laboratory scale to industrial scale through ramped up production and development. The company recently announced the acquisition of equipment used in electrochemical analysis and cell manufacturing. The equipment will allow the company to generate advanced lithium-ion batteries and electrode materials. As the market for rechargeable systems expands, Superlattice Power said the acquisition will allow it to target Fortune 500 companies. After manufacturing portable lithium-ion battery prototypes at its Mooresville facility, it will then…

WednesdayMay 13, 2009 10:43 am

Suspect Detection Systems, Inc. (SDSS.OB) Offers Innovative Approach to Homeland Security

Suspect Detection Systems, Inc. has what must seem like a dream machine to many agents in the Department of Homeland Security. Looking like some sort of futuristic phone booth, the SDS product, called Cogito, is an automated system which actually analyzes the occupant, collecting and evaluating a variety of psycho-physiological indicators and cross-referencing them against additional information. One of the lessons learned from 9/11 is that terrorists don’t have to carry explosives or weapons while traveling or entering a target country. They may not carry anything but themselves and what they are thinking. By using sophisticated 5-minute tests, the system…

WednesdayMay 13, 2009 10:38 am

Plastinum Polymer Technologies Corp. (PLNU) Finds the Netherlands on its Side as Revenue Begins to Move

The concept of purely “western” business is taking on differing forms as economic and social issues morph with quickly diverging social/economic issues. Many countries are now indicating their displeasure with the typical economic model and are looking for a blend of social and capital markets that might be able to coexist. If this blend is accomplished correctly, a solid and profitable mix can be found. Plastinum Polymer Technologies Corp., a development stage company, owns and develops comingled recycled plastic product blending technologies. Although the company’s technology is versatile for a variety of plastic product blendings, the company’s target market revolves…

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