ThursdayOct 02, 2008 11:24 am

Thorium Power Ltd. (THPW.OB) Responds to U.S., India’s Peaceful Uses of Nuclear Energy Agreement

Thorium Power Ltd. (OTCBB: THPW) develops non-proliferative nuclear fuel technology and provides comprehensive advisory services for emerging nuclear programs as well. The company today announced its favorable view regarding Congress’ action to approve the Peaceful Uses of Nuclear Energy Agreement between the United States and India. The “123 Agreement” will allow for full civil nuclear energy cooperation between the two nations and permit American companies to collaborate with Indian companies and scientists on research and development efforts, as well as enabling joint ventures in the civilian nuclear energy field. The agreement represents an industry movement toward establishing a partnership between…

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ThursdayOct 02, 2008 11:19 am

Capstone Turbine Corp. (CPST) Rakes in Purchase Orders of Microturbine Energy Systems

The clean technology market is not only making technological advances at considerable rates, but is growing just as quickly. Crossing international lines, the demand for reliable power generation solutions to reduce energy costs and protect the planet is gaining momentum. Capstone Turbine Corp. (Nasdaq: CPST) has grown to become one of the world’s leading clean technology manufacturers of microturbine energy systems. The company has already shipped more than 4,000 Capstone MicroTurbine systems worldwide, and today announced it has received an order for 10 megawatts of C1000 systems. For the C1000 system alone, this represents 26 orders for the unit, or…

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ThursdayOct 02, 2008 10:00 am

Zippi Networks, Inc. (ZIPI.PK) Rediscovers the Power of eBay

Zippi Networks, Inc., the fast-growing, San Jose-based eBay services company, is injecting new life into the maturing industry of servicing eBay sellers and is experiencing revenue growth some would have thought impossible in 2006, when the company was founded. Zippi bases its success on a powerful business model and high-end technology in the service of two related but distinct markets: people who have items to sell on eBay, but don’t want to bother doing it themselves; and people who want to make money servicing the eBay community but are frustrated with shrinking margins and increased competition Zippi is beating out…

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ThursdayOct 02, 2008 9:57 am

ZAGG, Inc. (ZAGG) Taps a Massive Market

Zagg, Inc. (ZAGG.OB), a Utah-based maker of a patent-pending scratch protection shield, has tapped what can only be described as a vast potential market, based on the inevitable need of consumers to protect their ever-increasing supply of digital gadgets. Zagg (www.Zagg.com) produces protective clear coverings for all types of consumer electronic and hand-held devices, distributed worldwide under the brand name invisibleSHIELD™. The company’s flagship product is made from an exclusive film, originally designed for the U.S. military to protect helicopter blades from high-speed abrasion. Zagg cuts the material into over 2,000 shapes, to fit almost any cell phone, laptop, digital…

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ThursdayOct 02, 2008 9:54 am

Stocks Down in Early Afternoon Trading

As of 1:10 PM EDT, the Dow was down nearly 275 points, or -2.7 percent. The Nasdaq and the S&P were down 68 and 36 points respectively, both falling more than three percent on the day. The continuation of downward momentum seems to be stemming from a variety of causes; unemployment claims remain at their highest levels since 2001, orders to U.S. factories were shown to have declined by four percent, and anxieties over the current bailout bill making its way through Congress have been rising. All around, people are scared of what all of this means for them, but…

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ThursdayOct 02, 2008 9:53 am

Senate Passes Revised Bailout Package – Public Dissent Grows

Debate continues over the bailout package that was pushed through the Senate Monday night, with many Americans expressing outrage over the mountain of pork barrel spending that has been built into the bill as it moves to a House vote. It seems that the last thing taxpayers are concerned with is taking care of special interest groups, and yet the revised package does just that. With many House members harboring re-election concerns, and fundamental differences in opinion on just how this problem should be handled, many are wondering if this new bill can pass. That remains to be seen; the…

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ThursdayOct 02, 2008 9:52 am

Buffett Calls Financial Situation ‘Economic Pearl Harbor’

In his Wednesday appearance on PBS' The Charlie Rose Show, Warren Buffett referred to the nation's current financial struggles as an 'economic Pearl Harbor', also stating his hope that Congress would soon pass a 'counterattack' in the form of a bailout bill. Buffett, who was born during the Great Depression said, "In my adult lifetime, I don't think I've ever seen people as fearful economically as they are now." He went on to admit that when others are fearful, he tends to get greedy, and ultimately reap the benefits of a hammered-down market. Let us hear your thoughts below:

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ThursdayOct 02, 2008 9:52 am

The Fight Zone, Inc. (TFZI.PK) Joined By World Champion Fighter

The Fight Zone ("TFZ") is a world-class mixed martial arts (MMA) training and management firm that prides itself on developing top-notch MMA competitors' careers from top to bottom. From its 5,000 square foot facility in Las Vegas, Nevada, TFZ provides everything from strength and discipline training to full-service management, marketing, and sponsorship programs. TFZ announced Thursday the addition of 18-time world Karate champion Donald "The Grinch" Vickers to its roster of top-level MMA competitors. The 21 year-old has attained a second-degree black belt in Chinese Kenpo/Wu Ying Chuan under the guidance of Grand Master Eddie "Flash" Newman. Donald Vickers has…

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ThursdayOct 02, 2008 9:38 am

Red Chip Featured Company: Duska Therapeutics, Inc. (DSKA.OB)

Duska Therapeutics, Inc. (DSKA.OB) is a specialty pharmaceutical company that is focused on developing cardiovascular and pulmonary medicines based on the new pharmacology of adenosine 5’-triphosphate (ATP) and nitric oxide (NO). The two molecules play a role in cellular metabolism and signal transduction, which Duska feels can be used in new therapeutic modalities or the treatment of major cardiovascular disorders. ATP is a naturally-occurring substance found in every human cell and whose energy fuels all functions of the human body. ATP is released from cells into the extracellular space under physiologic and disease conditions. The extracellular ATP then activates the…

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ThursdayOct 02, 2008 9:34 am

Red Chip Featured Company: Echo Therapeutics, Inc. (ECTE.OB)

Echo Therapeutics is a medical device and specialty pharmaceutical company based out of Franklin, Massachusetts. The company is focused on developing a trans-dermal continuous glucose monitoring (tCGM) system and developing reformulations of a variety of FDA-approved specialty pharmaceutical products. Echo is applying its patented AzoneTS™ trans-dermal drug formulation technology to create a suite of topical reformulations on FDA-approved products that are on the market today. The company plans to create the reformulations in accordance with the FDA’s Section 505(b)(2) guidelines. Echo intends to capitalize on its long-term relationship with Cato Research, a global contract research and development organization (CRO), and…

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