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WednesdayMay 28, 2008 3:51 am

Conolog Corp. (CNLG.OB) Reports $380K in New Orders; Holders Approve Reverse Split

Conolog Corporation (CNLG.OB), an engineering and design company that provides digital signal processing solutions to global electric utilities, recently announced that the company secured more than $380,000 in new product orders for April 2008. Additionally, Conolog Corporation received shareholder approval for a one-for-four reverse split of the company’s common stock. Strong sales in April continue to validate market acceptance of the company’s product offerings. Conolog Corporation will continue to expand its marketing efforts and is focused on increasing sales, product applications, related software and production capacity throughout 2008. At a special shareholder’s meeting earlier this month, stockholders approved an amendment…

WednesdayMay 28, 2008 3:46 am

Gemini Explorations, Inc. (GXPI.OB) Continues to Build Alliances to Establish Foothold in Colombia

Gemini Explorations, Inc. (GXPI.OB) is a mining and development company establishing itself in Colombia, South America. To meets its goals, Gemini has formed alliances to facilitate its development efforts in the region. RMS-Ross Corporation, a Canadian-based company, is a designer, manufacturer, and distributor of high-percentage mineral recovery systems. The Model SB Concentrator uses centrifugal technology and a lower water yield to recover gold and precious metals. The Derocker was developed to facilitate mining in coarse, rocky materials. The RMS-Ross Box is a machine designed to separate free particles of precious metals from aggregate materials. Terry Plumber, President of RMS-Ross, personally…

TuesdayMay 27, 2008 3:56 pm

May 27th CEOcast Weekly Newsletter

Companies featured in the current edition of the newsletter: ACCY, BOKO, CACN, CETG, CGXP, CKGT, CORG, ETGF, FMTI, GERS, ILNS, IVOT, MBND, PLKH, RVEP, SFPI, SRRY, SWVC, TKO The stock market closed 3.5% lower this week after stocks declined in the face of persistently high oil prices and broad-based selling efforts ahead of the long weekend. Entering the week, the S&P 500 was up 13% from its low on March 17, which was the day of the orchestrated bailout of Bear Stearns. In May alone the market had risen 2.9%. Given that performance, it wasn't a stretch to think that…

TuesdayMay 27, 2008 3:08 pm

Coates International Ltd. (COTE.OB) – Retrofitting Technology to Provide Relief to Trucking Industry

Coates International Ltd. (OTCBB: COTE) today announced it has launched initiatives for a “go-to-market” strategy to give the North American trucking industry accessibility to facilities designed to retrofit existing truck engines with its Coates Spherical Rotary Valve Engine (CSRV) technology. Aside from the obvious hindrance of unbelievably high diesel fuel prices, the trucking industry faces new and prospective regulations and legislation aimed at reducing harmful emissions. According to Coates, these factors are spurring interest in its CSRV technology, which enhances fuel consumption and reduces harmful emissions as well as equipment downtime. The company is currently in discussions with major diesel…

TuesdayMay 27, 2008 2:19 pm

Hybrid Technologies Inc. (HYBR.OB) Filming Begins for Treasure HD Channel Program on DISH Network

Memorial Day marked the first day of filming at Hybrid Technologies' research and development facility in Mooresville, NC. The filming is for an upcoming program on the Treasure HD Channel, where the company will be featured in a segment about lithium-powered vehicles. Hybrid Technologies, a clear leader in the field of lithium battery-powered products, will be the focus of the show as a result of their cutting-edge research and development of emission-free electric vehicles. The program is scheduled to be aired in the upcoming month, and will take an in-depth look at how the company takes fuel powered automobiles and…

TuesdayMay 27, 2008 2:16 pm

MedeFile International Inc. (MDFI.OB) Receives Media Coverage from ZDNet.com

Medefile International Inc. received praise and was even referred to as a doctor’s “secret high-tech weapon” in a recent article published on ZDNet.com. The article was written by Dana Blankenhorn, a business journalist with thirty years experience. The article is based on a conversation with Dr. Lorne Stitsky, who runs a Personal Choice Family Practice in Juniper, Florida. Dr. Stitsky’s practice currently services 200 patients, with the anticipation of an additional 200. Keeping medical records and histories for all of these patients might seem like a mighty task, but with the help of MedeFile, it is a breeze for Dr.…

TuesdayMay 27, 2008 1:35 pm

OTCPicks Featured Company: Merge Healthcare (MRGE) Enters into Securities Purchase Agreement with Merrick RIS, LLC

Merge Healthcare, Inc. (NASD: MRGE) announced that they have entered into a securities purchase agreement and additional agreements with Merrick RIS, LLC in the amount of $20 million through a private placement. Under the terms of the agreement, the company intends to sell a $15-million senior secured term note due 2010, plus 6,800,000 shares of the company's common stock as partial consideration for the term note and 14,285,715 shares of the company's common stock at a price per share of $0.35. The closing date for the private placement is on June 3, 2008, but that date may be altered upon…

TuesdayMay 27, 2008 1:33 pm

OTCPicks Featured Company: SPACEHAB, Inc. (SPAB) Receives Approval from U.S. Department of Homeland Security

SPACEHAB, Inc. (NASD: SPAB) announced that they have received a "1st Detect" receipt for their new in-house developed Miniature Spectrometer (MMS) technology from the U.S. Department of Homeland Security, as a result of the MMS technology going through a formal Developmental Testing and Evaluation (DT&E) Designation. The U.S. Department of Homeland Security instituted the designation to enhance the development of "promising anti-terrorism technologies" by providing legal liability protections under the Support Anti-terrorism by Fostering Effective Technologies Act of 2002, a.k.a. SAFETY Act. The designation letter was received April 10, 2008, and stated that "SPACEHAB, Inc.'s Miniature Mass Spectrometer is such…

TuesdayMay 27, 2008 1:31 pm

Quantum Fuel Systems Technologies Worldwide Inc. (QTWW) Partner Awarded $17M PV Solar Module Contract

Quantum Fuel Systems Technologies Worldwide Inc. (Nasdaq: QTWW) today announced its German solar partner, Asola Advanced and Automotive Solar Systems GmbH, has been awarded a $17 million contract from Sunworx GmbH, one of the leading solar system suppliers in Germany. Per the agreement, Asola will supply Sunworx with its high-efficiency silicon photovoltaic (PV) solar modules, to be delivered later this year. Reinhard Wecker, Asola’s founder and CEO, said Sunworx’s reputation in the solar industry makes it a desirable business partner. "Sunworx is notable for their innovative solutions, consistent growth and long-term business success. Asola is pleased to partner with this…

TuesdayMay 27, 2008 1:29 pm

Arotech Corp. (ARTX) Receives Second Order from the U.S. Department of Justice for its Digital Training Simulation Training Systems

Arotech Corp. develops, manufactures and markets defense and security products around the world, operating in three divisions: Training and Simulation, Armor, and Battery and Power Systems. The Training and Simulation Division (ATSD) provides the ultimate in multimedia, interactive digital training solutions for military, law enforcement, security, municipal and private industry personnel. Today Arotech announced an order for 24 of ATSD’s IES Interactive Training solutions. The U.S. Department of Justice placed its second order of the IES MILO Range simulation training systems, which it implements at its training branch headquarters for new recruits and in-service training for new and veteran agents.…

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