ThursdayNov 06, 2008 1:39 pm

Performance Health Technologies, Inc. (PFMH.OB) Attracts More Attention from the Media, Including Scientific American’s News Blog

Today, Performance Health Technologies announced that its proprietary Core:Tx® rehabilitation product was featured in the September 5 edition of Scientific American’s news blog “60 Second Science.” The article, titled ““Virtual Rehabilitation: Wireless Motion Sensor to Help Treat That Old Football Injury,” coincided with the beginning of the 2008 NFL season and discussed Core:Tx’s use for sports injury diagnosis and rehabilitation. The company’s wireless therapy system was also featured in the October edition of BioMechanics, a monthly trade published for sports medicine and movement specialists in orthopedic surgery, physical and occupational therapy, O&P, clinical athletic training, psychiatry, podiatry, and rehab. The…

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ThursdayNov 06, 2008 1:21 pm

Artfest International Inc. (ARTI.OB) Says Market Undervalues its Shares and Announces Plan to Repurchase its Common Stock

Recently, we reported that Artfest was “One to Watch.” We continue with that thought, as today Artfest International Inc. (Artfest) reported that it will buy its common shares back through purchases on the open market. According to Artfest CEO Edward Vakser, the time is right for the company to do so because its shares are grossly undervalued by the market. On September 23, 2008, the Company announced it purchased a 35,000 square feet audio/video facility that produces, according to the Company, $500,000 per year in revenues. Vakser said, "[w]ith the purchase of our state-of-the-art audio/video operational center and the launching…

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ThursdayNov 06, 2008 11:33 am

QuoteMedia, Inc. (QMCI.OB) Management is Leading the Way

QuoteMedia has become the renowned leader in providing market coverage of all North American Exchanges and ECN’s including common stock, preferred stock, options, warrants, futures, commodities, currencies, mutual funds, rates and indices. With offices spread out across the globe, the young company is led by a team of innovative individuals. The QuoteMedia Chairman of the Board is Robert J. Thompson. With over 40 years in the field, Thompson brings a wealth of experience to QuoteMedia. Thompson is the President of Corpus Investment Inc, which is a private holding company that manages investments in a wide range of enterprises. Thompson is…

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ThursdayNov 06, 2008 11:28 am

Cambridge Heart Inc. (CAMH.OB) Maintains Confidence Despite Weak Q3 Results

Cambridge Heart Inc. (OTCBB: CAMH) develops and commercializes non-invasive product used for diagnosing cardiac disease, focusing on the identification of individuals at risk of sudden cardiac arrest. The company today announced its third-quarter results for the period ended September 30, 2008. The company posted revenues at $1.1 million, up 21 percent from the second quarter, attributing growth in its Domestic HearTwave II system placements. However, the results were down 58 percent from the $2.6 million reported in the third quarter of 2007. Cambridge remains positive concerning its marketing strategies moving forward. “We were pleased to see the sequential increase in…

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ThursdayNov 06, 2008 9:28 am

ECOtality, Inc. (ETLY.OB) Encouraged by Obama’s Clean Energy Policy

ECOtality, Inc., a leader in clean electric transportation and storage technologies, expressed optimism today about President-elect Obama’s comprehensive energy plan, a set of programs that would invest billions of dollars in support of hybrid and electric vehicle development. The press release applauded the move to confront the country’s dependence on foreign oil, building a clean energy future for America, and pointed to key elements of the plan: • $150 billion invested over 10 years for the commercialization of plug-in hybrid vehicles, renewable energy, low-emission coal plants, fuel infrastructure upgrades, and a new digital electricity grid • Commitment that half of…

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ThursdayNov 06, 2008 9:25 am

Brite-Strike Tactical Illumination Products, Inc. (BSTI.PK) Featured in Frontgate Christmas Catalog

Brite-Strike Tactical Illumination Products, Inc., makers of high-tech illumination devices for police and government use as well as for personal self-defense, announced today that its “Lightning Strike” Personal Protection System will be featured in this year’s prestigious Frontgate Christmas catalog. The company’s “Tactical Blue-Dot” flashlight is already the top selling product at its price point in the high-end Herrington Catalog. Brite-Strike president, Glenn Bushee, commented on the increased demand for self-defense products. “In tough economic times, such as now, the number of robberies and assaults rise dramatically, which increases the demand for all our products. This product, for the money,…

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ThursdayNov 06, 2008 8:13 am

Nevada Geothermal Power Inc. (NGLPF.OB) Fixed Price Contracts Awarded and Moving Forward

In today’s rocky economic setting, it is always a refreshing event to see a project with broad economic reach progressing forward nicely. Past posts have spoken to the company’s ability to make visionary steps a reality with the long term in mind. Economic conditions can make this process more difficult, but if a company has truly hit upon a solidly profitable and visionary idea, it will find a way to succeed. As an investor, finding these ideas and visions may be difficult, but when an investor does, they may find the rewards profitable and personally satisfying. Nevada Geothermal Power Inc.,…

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ThursdayNov 06, 2008 8:04 am

DURECT Corp. (DRRX) Announces Third Quarter Financial Results; CEO Comments on Outlook for REMOXY®

DURECT Corporation (NASD: DRRX), an emerging specialty pharmaceutical company developing innovative drugs for pain and other chronic diseases, recently reported its financial results for the third quarter ended September 30, 2008. Total quarterly revenue reached $6.6 million, compared to $4.9 million for the same period in 2007, and the company’s net loss for the quarter was reported at $9.2 million, or a loss of $0.11 per share, compared to a net loss of $7.9 million, or a loss of $0.11 per share, for the corresponding period one-year earlier. The company plans to earn its first product royalties from REMOXY®, a…

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ThursdayNov 06, 2008 8:01 am

Simtrol, Inc. (SMRL.OB) Adds Sales Veteran Dave Barry to Management Team

Simtrol, Inc. (SMRL.OB) was pleased to announce today that Dave Barry has joined the management team as Vice President of Worldwide Sales. Simtrol is a leader in developing enterprise-class software solutions to manage an array of electronic devices for more cost-effective utilization and more pro-active maintenance. “Dave brings to Simtrol a wealth of sales and business development expertise in the network management software space,” stated Oliver Cooper, CEO of Simtrol. “His proven ability to forge strategic alliances with partners and customers alike will enable us to rapidly accelerate our growth into new markets.” Barry earned a Bachelor of Science degree…

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ThursdayNov 06, 2008 7:53 am

MyECheck, Inc. (MYEC.OB) to be a Presenter at Paulson Investment’s 31st Annual Westergaard Conference

Today, Paulson Investment Company announced which companies will be presenting at the upcoming Westergaard Conference to be held November 12, 2008 at the historic Waldorf-Astoria Hotel in New York City. Larry Kudlow, noted economist and host of CNBC's "Kudlow & Company," will be the keynote luncheon speaker. Th Westergaard conference is recognized as the most widely anticipated micro/small cap event of the year. Small and emerging growth companies focused on establishing leadership in a wide range of industry sectors will be featured. This year’s conference will provide a venue for companies to provide detailed insight into their business operations, short…

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