Blog - Page 4239 of 5592

FridayNov 07, 2008 8:15 am

Pinnacle Energy Corp. (PENC.OB) Finds History to Be Financially Rewarding

In many respects, being a small fish in a big pond can have benefits when market conditions are difficult. This often used analogy suggests a certain amount of flexibility and latitude as larger concerns work to manage more problematic issues associated with smaller margins on a larger scale. This doesn’t diminish the issues associated with maintaining a smaller business in these types of conditions, but it does let a company assess and position a little more easily when margins are less than ideal. It is a difficult balance to find (free cash/opportunity/production) but if found, there may be a nice…

FridayNov 07, 2008 7:00 am

MyECheck, Inc. (MYEC.OB) Releases Unaudited Interim October 2008 Revenue Results, Revealing 65.9% Monthly Growth and Positive Cash Flow

Today, MyECheck announced that its revenue increased 65.9% from September 2008 to October 2008. Specifically, September revenues totaled $59,837.51, while October revenues reached $99,310.18. According to the press release, the Company processed more than 394,000 transactions totaling over $17.87 million dollars for the period of October 2008. This is a significant increase from September as there were 236,253 transactions totaling $12.10 million dollars during the earlier month. Another major accomplishment was the achievement of positive cash flow for the month of October. The company stated its scalability of operations and software allows them to grow substantially while maintaining low overhead…

FridayNov 07, 2008 6:23 am

Performance Health Technologies, Inc. (PFMH.OB) Board of Directors Help Lead the Way

Performance Health Technologies, Inc. is a company that develops and markets performance evaluation and rehabilitation products that monitor and guide exercise and give real-time motivational feedback. Based in New Jersey, the young company is led by a group of Board of Directors that are second to none. Amongst the leaders on the Performance Board of Directors is Dr. Gary N. Goldstein. Dr. Goldstein serves in numerous roles in the medical and academic community. Currently Dr. Goldstein is an attending physician at Graduate Hospital in Philadelphia, Virtua Health Care System, Kennedy Memorial Health Care System, Surgical Center of South Jersey, Summit…

FridayNov 07, 2008 5:43 am

Poised For Continued Growth, Celsia Technologies (CSAT.OB) Expands Its Sales Team Globally

Celsia Technologies (CSAT) has launched a network of manufacturing and sales representative firms. Areas chosen cover key design and manufacturing areas in Europe and the United States. Companies added to Celsia's sales force include: Tech Rep UK (England, Ireland) with Kevin White as its Operations Manager; and Bromanco (Sweden), Jussi Myllyluoma, and several offices in the United States. They join Thermapower Inc. (Taiwan), headed up by Mickey Chiang, which was already opened for business. This Celsia Rep Network has a total of 30 sales representatives. Celsia CEO Joseph Formichelli said the new partnerships fully prepare the company to handle increased…

FridayNov 07, 2008 5:26 am

Reed’s, Inc. (REED) Announces New Co-pack Production Agreement with Primary Brewery Partner

Reed's, Inc. (NASDAQ: REED), a producer of top-selling sodas in natural food markets nationwide, recently announced that the company has entered into a new co-pack production agreement with its primary brewery partner. The company anticipates that this new agreement will result in a 500 basis point to 600 basis points improvement in gross margins. Under this agreement, Reed's main co-pack facility will continue to brew and produce, bottle and package Reed's products; this new agreement replaces Reed's previous agreement with its current brewery partner. The agreement is effective as of November 1, 2008, and will extend for a period of…

ThursdayNov 06, 2008 6:06 pm

Bioheart, Inc. (BHRT) Receives Notice of Allowance for Nine New Patent Claims

BioHeart is a biotechnology corporation that develops devices designed to aid in the diagnosis, monitoring, and treatment of cardiovascular diseases. The company aims to improve heart disease sufferers' quality of life, while attempting to reduce the normally exorbitant costs associated with cardiologic treatments. In a press statement issued on Thursday, the company announced that it had received a United States Patent and Trademark Office Notice of Allowance for nine new patent claims, which pertain to using electrical signals to stimulate heart cell regeneration. BioHeart's new technologies are a significant step forward in the field of cardiovascular treatment in that they…

ThursdayNov 06, 2008 6:05 pm

Long-Term Unemployment Rates Reach Highest Level in a Quarter-Century

In a Department of Labor report issued on Thursday, it was shown that the number of Americans claiming longer-term jobless benefits has reached 3.84 million. This represents the highest level since February of 1983; twenty-five years ago. It's clear that as lay-offs continue across the board, the unemployed are finding it increasingly difficult to compete for remaining positions. On a lighter note, while extended unemployment has risen, new claims fell to 481,000 last week. Let us hear your thoughts below:

ThursdayNov 06, 2008 6:04 pm

Oil Continues to Take a Beating

In a slowing economy, energy demand is beginning to dip dangerously low, as trading on Thursday saw the price of a barrel of oil approaching sixty dollars. Light, sweet crude for December delivery fell to a 36-month low of $60.94 on the New York Mercantile Exchange. At the current level, crude prices are down roughly sixty percent from last July's all-time high of $147.27. Let us hear your thoughts below:

ThursdayNov 06, 2008 6:03 pm

Dow Extends Losses on Economic Skepticism

For the second day in a row, the Dow Jones Industrial Average plummeted several hundred points as weary investors continue to maintain a pessimistic attitude toward the state of the economy. Contributing to a general feeling of disheartenment was a weak retail sector report for the month of October, reflecting weak sales due to low demand. At its lowest point, the Dow was down nearly 500 points from Wednesday's close, and extended losses on the week to more than 600 points. Let us hear your thoughts below:

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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