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WednesdaySep 17, 2008 8:14 pm

Znomics Inc. (ZNOM.OB): Using a Fish to Discover the Next Blockbuster Drug

Znomics is an early stage biotechnology company focused on the discovery of new drugs to treat and cure human diseases and disorders. What makes Znomics unique is the method by which it searches for the next big cure or treatment. The eight-year old company uses zebrafish to identify potential therapeutics for humans. It turns out that the small striped fish shares 80 to 90 percent of the genes found in man. The company's drug discovery platform is based on its catalogued library of mutations in the zebrafish, called the ZeneMark Library. The benefits of using zebrafish for medical research are…

WednesdaySep 17, 2008 8:10 pm

Online Marketing Group, Lyris, Inc. (LYRI.OB) Releases Its 4th Quarter Results

Lyris, Inc. (OTCBB:LYRI), an online marketing company, this week reported steady revenue of $10.8 million for its 4th quarter, ending June 30, 2008. This amount is the exact same as that reported 12 months ago by the company. The revenue breakout includes Web and storage hosting, 73%; licensed software, 11%; maintenance and support, 13%; and professional services, 3%. For the full fiscal 2008 year, the company reported revenues of $43.2 million compared with revenues of $39.0 million in fiscal 2007. However, Lyris' EBITDA for the fourth quarter of fiscal 2008 was a loss of $478,000 versus earnings of $3.0 million…

WednesdaySep 17, 2008 8:08 pm

Millennium Biotechnologies Group (MBTG.OB) Gets ‘All-Star’ Beverage Expert, Ken Sadowsky, on Its Board

Millennium Biotechnologies Group, Inc, (OTCBB: MBTG) announced that renowned non-alcoholic beverage industry veteran Ken Sadowsky has joined its board of directors. Sadowsky was also a principal in Atlas Distributing of Auburn, Mass. for many years, where he made his name in the industry. Sadowsky served on the board of directors of Energy Brands, Inc., makers of Glaceau, VitaminWater, SmartWater and FruitWater, from 2000 to 2006. Glaceau was later was sold to Coca Cola for $4.1 billion. He is currently the executive director of NIDA, an association of independent distributors from Maine to New Jersey. This group is different from the…

WednesdaySep 17, 2008 8:06 pm

Amerityre Corp. (AMTY) CEO Presents at Akron’s International Tire Conference

Amerityre Corp. (NASDAQ: AMTY) is a feature presence at the annual International Tire Exhibition and Conference (ITEC). Amerityre president and CEO Gary N. Benninger made two presentations Wednesday at ITEC, which typically attracts 2,500 people from 20-plus countries. The company has invented new polyurethane foam and elastomer materials it says are superior to rubber for many tire and tire product uses. The three-day conference continues through Wednesday and hosts a World Tire Manufacturer's trade show from companies around the world. Attendees include tire plant managers, manufacturing managers, tire development personnel, tire compounders, chemists, chemical engineers, materials engineers, tire designers, tire…

WednesdaySep 17, 2008 8:04 pm

Metalico, Inc. (MEA) Issues Statement on Stock Activity

Metalico, Inc. (MEA) is a holding company with operations in two principal business segments: ferrous and non-ferrous scrap metal recycling, and fabrication of lead-based products. The company operates twenty recycling facilities in New York, Pennsylvania, Ohio, New Jersey, Texas, Mississippi, and West Virginia. Metalico also owns five lead fabrication plants in Alabama, Illinois, Nevada, and California. Shareholders have questioned the company regarding the rapid decline in the stock price in the past two weeks and whether the company is facing near-term profitability or liquidity problems. Therefore, Metalico issued a statement regarding the recent trading activity of its common stock. Due…

WednesdaySep 17, 2008 4:45 pm

Leveraged ETFs: Make Outsized Gains during Volatile Times

Exchange-traded funds (ETFs) are excellent trading vehicles that allow investors to easily play whole sectors, indexes, or individual commodities. ETFs may be structured like mutual funds, but are bought and sold like stocks. Inverse ETFs enable one to place a bearish bet, effectively going “short” without having to borrow shares, as you would with stocks. Another advantage of inverse ETFs is that the downside risk of going long on the “short” is finite, meaning you can only lose your initial investment. The potential loss from shorting a stock is theoretically unlimited. Leveraged ETFs are designed to replicate twice the expected…

WednesdaySep 17, 2008 1:04 pm

eDOORWAYS Corp. (EDWY.PK) Approaches Launch Date; Anticipates Providing Previews of the Platform

Today after the closing bell, eDOORWAYS Corp. announced that it has finished its first group of “Use Cases” which will lead to many other such “cases” that users will employ to navigate the eDOORWAYS website. In a recent analyst interview, CEO Gary Kimmons said, “The development of this web site just isn't like anything else. The beauty of eDOORWAYS is how this platform combines the best of Google(R), MySpace(R) and eBay(R) into a single entirely new experience. And it happens to have a bona fide revenue model to boot. “Developing the brand required the touch of one of the best…

WednesdaySep 17, 2008 12:53 pm

Capital Growth Systems Inc. (CGSY.OB) Subsidiary Updates on its Activities and Achievements in Telecommunications Industry

Global Capacity, a subsidiary of Capital Growth Systems Inc. (OTCBB: CGSY), provides a fully-integrated telecommunications supply chain management system that streamlines and accelerates the process of designing, building and managing customized communication networks. The company today announced its continued steps in organic growth activities, highlighting its new client services for government and corporate customers through recurring revenue activities and its base of recurring customers. The company’s knowledge of global pricing attracts customers seeking to reduce network spending around the world, not only benefiting Global Capacity but its customers as well. “The variety of diversified customer progress and organic growth for…

WednesdaySep 17, 2008 12:50 pm

GoldSpring Inc. (GSPG.OB) Receives Updated Report on Resource Estimates

GoldSpring Inc. (OTCBB: GSPG) today announced results from the updated resource estimate it received from independent geology firm Telesto Nevada Inc. in regards to its GoldSpring Hartford Complex in the Comptock Lode District. The report gives estimates of the contained resource gold ounces at the Hartford Complex, representing less than 2% of the company’s overall holdings. The estimate report takes into consideration 19 additional drill holes that were not mentioned in the June 10, 2008, Preliminary Resource Report. Based on the previous report and current gold prices, the preliminary estimated valuation would have been $305 million. However, the updated report…

WednesdaySep 17, 2008 12:47 pm

AIG Kept Afloat at a High Price

Failure in the subprime mortgage market has led to some very troubled times for insurance colossus AIG. Yesterday's government takeover was just about the only thing standing between the felled giant and total collapse. Under the terms of the agreement, the company will be provided with a two-year, eighty-five billion dollar loan that will carry an interest rate of approximately eleven-and-a-half percent. Hardly able to be considered another bailout, the transaction cost AIG close to eighty percent of its business, and gives the government the right to dismiss senior officials and veto asset sales. Let us hear your thoughts below:

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