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WednesdayOct 29, 2008 12:33 pm

Still Helping Others in the Face of Adversity

You have got to love this country. Even as turmoil and uncertainty reign over our own markets, we continue to aid those countries less capable of weathering the current global financial storm. Alongside the announcement of a key interest rate cut, The Federal Reserve said Wednesday that it would provide lines of credit of up to $30 billion each to the central banks of Brazil, Mexico, South Korea and Singapore, in an effort to "...improve liquidity conditions in the global financial markets." The move proves that even under the worst circumstances, America is capable of rising to the occasion; doing…

WednesdayOct 29, 2008 12:32 pm

More Interest Cuts – Fed Slashes Key Rate

Wednesday brought another rate-cut by the Federal Reserve, as the central bank continued efforts to breathe life into a highly unstable economy. For the second time this month, the federal funds rate (interest charged by banks on overnight loans) was reduced by a half a percentage-point, leaving it at one percent; its lowest level since 2004. Anticipation of this move played a significant role in leading the Dow Jones to its second-biggest point spike (889 points) in history, on Tuesday. Despite the cuts, experts expect financial markets to continue to exhibit the same sort of volatility in the foreseeable future.…

WednesdayOct 29, 2008 12:25 pm

MyECheck, Inc. (MYEC.OB) Scheduled to Present at Paulson Investment’s 31st Annual Westergaard Conference

Today, MyECheck, Inc. announced that it will be a presentator at the upcoming Paulson Investment's 31st Annual Westergaard Conference, which will be held in New York City. The conference was founded by small cap analyst John Westergaard to provide a venue for select companies to share detailed insight into their business operations, short and long term growth strategies and industry vision. Edward Starrs, MyECheck CEO, will be giving a number of presentations throughout the day to groups of investment professionals and will be available for meetings before and after the conference. Those who are interested in scheduling a meeting with…

WednesdayOct 29, 2008 11:45 am

Beacon Equity Research Featured Company: Greenchek Technology, Inc. (GCHK.OB)

Headquartered in San Francisco, California, GreenChek Technology Inc. manufactures and distributes hydrogen injection technology. The company operates in the United States, Canada, Asia, and in Europe. Their hydrogen injection technology is for mobile transportation and stationary power generation applications. While enhancing fuel economy for the mobile transportation industry, GreenChek also provides innovative mobile Greenhouse Gas emissions reduction technology. GreenChek developed their Onboard Hydrogen Generation and Injection (OHGI) technology. Their OHGI technology is available for retrofitting into trucks, locomotives, and most automobile engines. The company's technology runs on distilled water. Water separates into Hydrogen and Oxygen through an electrolysis process powered…

WednesdayOct 29, 2008 11:38 am

Beacon Equity Research Featured Client: Advanced ID Corporation (AIDO.OB)

Advanced ID Corporation is a solutions provider to the radio frequency identification (RFID) market with a focus on the tire management industry. The company also engages in the tire inspection business through their UK based Pneu-Logic subsidiary. In addition, Advanced ID Corporation is active in the pet recovery business through their AVID Canada subsidiary in Calgary, Alberta. They are reintroducing their livestock tagging product line in many countries. They have also developed a UHF RFID reader product line for all market applications through their Advanced ID Asia Engineering technical support and business development partner in Chiang Mai, Thailand. The company's…

WednesdayOct 29, 2008 11:29 am

Del Global Technologies Corp. (DGTC.OB) Completes Another Successful Imaging Installation

The Del Medical Systems Group, medical imaging systems arm of Del Global Technologies Corporation, announced another successful installation of its innovative Apollo DRF advanced imaging system. The installation, at the Winona Community Memorial Hospital in southwest Minnesota, was preceded by two installations at hospitals in Italy, through the company’s Italian subsidiary, Villa Sistemi Medicali, in August. The new Apollo DRF (Digital Radiography + Fluoroscopy) system is unique in its combination of high resolution radiography and high frame rate fluoroscopy, allowing one detector and imaging platform to do the work of multiple legacy devices. According to the company, the system matches…

WednesdayOct 29, 2008 11:27 am

SpongeTech Delivery Systems, Inc (SPNG.OB) Joins Forces With SpongeBob

SpongeTech® Delivery Systems, Inc., creator of patented soap-releasing hydrophilic sponges, is getting together with entertainment giant Nickelodeon & Viacom Consumer Products to produce and distribute a line of soap and sunscreen infused sponges for kids. The partnership allows nationwide sales of sponges based on the long-running SpongeBob SquarePants character, as well as two other popular Nickelodeon characters, Dora The Explorer, and Go, Diego, Go. SpongeBob SquarePants is one of the best known characters in the entertainment industry, with an estimated monthly viewing audience of over 70 million. The sponges will be sold at a number of mass market retail stores,…

WednesdayOct 29, 2008 11:22 am

Lpath Inc. (LPTN.OB) Secures Strategic $23M Alliance to Launch Cancer Treatment Trials

Oftentimes money can stand in the way of health. In light of our current economic woes, many individuals find that the rising cost of healthcare outweighs the need for insurance and proper care. The same goes for scientific and medical companies in need of funding for further research and development. To accomplish their mission, many companies form strategic partnerships to obtain cash injections. Such an arrangement was today announced between Lpath Inc. (OTCBB: LPTN) and Merck Serono, a division of Germany-based Merck KGaA. The alliance was fueled by the fact that Merck Serono holds an annual R&D investment of around…

WednesdayOct 29, 2008 9:36 am

Performance Health Technologies, Inc. (PFMH.OB) Continues to Show Solid Results with Patients

Performance Health Technologies, Inc. (PFMH.OB) is a company that has started a revolutionary wave on how people are recovering from neurological disorders involving the joints. Over the last nine years, the company’s development team has created MotionTrack™, which synergizes the latest software and medical technology onto its proprietary platform. The Core:TX® system is able to provide patients with immediate feedback by turning rehabilitation therapy into a wireless, game-like challenge. The Core:TX® not only makes the repetitive rehabilitation movements more enjoyable, the system is also able to provide health professionals with info on patients’ unique body makeup. Some patients have tremendous…

WednesdayOct 29, 2008 9:28 am

Keep CleanTech BioFuels, Inc. (CLTH.OB) On Radar

CleanTech BioFuels, Inc. is focused on developing ground-breaking technologies to convert cellulosic material found in municipal solid waste (MSW) into ethanol. Out of the 250+ million tons of garbage disposed of each year in America, only 32% is recovered, 14% is burned at combustion facilities and the remaining 54% is tossed in landfills. However, using CleanTech’s technology, this unusable waste is a source of energy rather than a problem. The company holds exclusive licenses to a collection of technologies that offer substantial advantages in converting MSW into viable energy. CleanTech is also developing an exclusive license to produce ethanol from…

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