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MondayMay 19, 2008 11:40 am

CNX Gas Corp. (CXG) – Hoping to Cash in On Offset Credits

CNX Gas Corp. (CXG) is registering with the Chicago Climate Exchange (CCX), a voluntary market for the registry, reduction and trading of greenhouse gases, for the ability to sell carbon offset credits. Nick DeIuliis, CXG president and CEO, said the company's participation in the exchange will have a positive impact on the business. "We'll have a significant presence with regard to the amount of offsets we provide to the Chicago Climate Exchange. We know from a cash flow and net income perspective, the dollar amount is going to be significant," he said. CNX, a spinoff of CONSOL Energy Inc. (CNX),…

MondayMay 19, 2008 11:34 am

Aldagen Prepares for IPO

Key venture backers of Aldagen may find something extra in their cash-out envelopes if the small biotech company is successful with its plans for an initial public offering. Even as the company's U.S. Securities & Exchange Commission registration statement was being drafted in April, Aldagen sold 17.6 million shares of preferred stock at $1.04 each to a group of its long-standing venture investors and their various affiliates, including Durham-based Intersouth Partners. Those preferred shares will convert to common stock on a 1-to-1 basis when Aldagen, formerly StemCo Biomedical, offers up its IPO shares - first to roadshow investors and then…

MondayMay 19, 2008 11:24 am

Hovnanian Enterprises Inc. (HOV) Rebuilds Their Capital Base

Hovnanian Enterprises (HOV:NYSE) is a New Jersey homebuilder founded in 1959 by the Hovnanian family. The company designs, constructs, and sells single-family detached homes, attached townhomes and condos, along with active adult homes and other types of condos. The company offers homes for sale in 431 communities, 47 markets, and 19 states in the United States. Hovnanian, like most of the other homebuilders, has been at the epicenter of the current economic slowdown. Despite numerous interest rate cuts and other measures by the Federal Reserve, homebuilders like Hovnanian remain in the doldrums. Their latest earnings report, released on May 5th,…

MondayMay 19, 2008 11:21 am

StockEgg Featured Company: China Precision Steel Inc. (CPSL) Looking West toward Nigerian Export Market

Some intermediate markets are the basis for all consumer goods. Without these markets, the products we use and take for granted every day just wouldn’t get made. Finding the manufacturers that produce these intermediate materials is a solid way to quietly succeed where others may not have thought to tread. China Precision Steel Inc., a provider of ultra-thin, cold-rolled steel products, works to serve many non-typical steel end-use markets. Where many may conjure up visions of tall buildings and ships when they think of steel related products, China Precision Steel thinks: automotive, sewing needles, saw blades and packaging. The company…

MondayMay 19, 2008 8:49 am

Skinny Nutritional Corp. (SKNY.OB) and Lukoil Americas Form Distribution Partnership

Skinny Nutritional, the exclusive worldwide distributor of Skinny Water, and Lukoil Americas, a wholly-owned subsidiary of Lukoil Oil Company(OTC:LUKOY) - one of the leading oil companies in the world - has agreed to a distribution and promotional partnership. The partnership will allow Lukoil to sell all five, great-tasting flavors of Skinny Water in over 120 Philadelphia area stores. Skinny Water is a zero calorie, zero sugar, zero sodium, and zero preservatives fitness and weight-management beverage for consumers who desire healthier alternatives to the high-calorie, sugar laden and sometimes fat-bloated beverages. According to the company, each beverage is blended with SuperCitrimax®…

MondayMay 19, 2008 8:45 am

Transdel Pharmaceuticals Inc. (TDLP.OB) Completes $4 Million Private Placement, Looking for Marketing/Distribution Partner

When it comes to investing in pharmaceutical companies, an investor needs to be aware of the company’s pipeline. How close a product is to final approval, and what is coming along behind it, are the leading indicators of the company's potential. Problems can crop up at any time to sidetrack a new drug in the approvals process, but as these drugs get closer to the end of Phase III FDA approvals, many companies start to circle for their piece of the pie. Transdel Pharmaceuticals Inc., a specialty developer of topical pharmaceuticals, works to discover and commercialize products oriented toward topical…

MondayMay 19, 2008 8:33 am

Rudy Nutrition, Inc. (RUNU.PK) Beverages Now Available at Trader Vic’s Las Vegas Supper Club

Rudy Nutrition, Inc. (RUNU.PK) announced that its Rudy Beverages are now being featured in Trader Vic’s Las Vegas Supper Club, located inside the Planet Hollywood Hotel and Casino in Las Vegas, Nevada. This year Rudy Nutrition has concentrated on broadening its distribution base and this agreement with Trader Vic’s displays the company’s desire to enhance its client base. The 15,000-square-foot Planet Hollywood Hotel and Casino has a variety of entertainment and food venues that will now offer Rudy's health conscious beverages, including a second-level Tiki Club lounge and a ground-level restaurant. The Strip-side patio area that opens up to Las…

MondayMay 19, 2008 6:51 am

AeroGrow International, Inc. (AERO) is "One to Watch"

Aerogrow is responsible for bringing high-tech mini-gardens into the homes of Americans and others worldwide. They research, develop, and market the AeroGarden, which is the world's first kitchen-garden appliance. This device allows gardening enthusiasts the opportunity to grow plants in a dirt-free environment using aeroponic technology. Founded in 2002, AeroGrow International, Inc. (AERO) has corporate headquarters in Boulder, Colorado. They list on NASDAQ as part of the Small Tools and Accessories business sector. Their founder and chairman is Michael Bissonnette. He has 25 years of experience in the funding, development and marketing of revolutionary, technology-based consumer products. His consumer marketing…

MondayMay 19, 2008 6:47 am

Panhandle Oil and Gas Inc. (PHX) has a Handle on Exploring and Developing

Operating as an independent oil and gas producer, Panhandle Oil and Gas Inc. (PHX) has a rich tradition in the Oklahoma Panhandle. Headquartered in Oklahoma City, Oklahoma, they trade on the American Stock Exchange (AMEX). Panhandle's focus is on the exploration and production of natural gas and oil. The company began in 1926 as the Panhandle Cooperative Royalty Company. They continued as a cooperative until 1979. In that year, they went public after merging with the Panhandle Royalty Company. April of 2007 saw a new name for the company; Panhandle Oil and Gas Inc., a name which many felt resolved…

MondayMay 19, 2008 6:13 am

Hybrid Technologies, Inc. (HYBR.OB) Receives Additional Media Coverage as its Vehicles Gain the Attention of Voice of America

Hybrid Technologies announced today that they are proud to display their entire line of all-electric lithium powered vehicles on Voice of America's international news broadcast. The segment produced by Voice of America will showcase the company’s vehicles to the entire world. Hybrid Technologies’ comprehensive line of emission-free vehicles and their Mooresville, North Carolina Research and Development facility were featured in the episode. The 7-minute segment highlighted the company's latest developments and advances in lithium power technology. The Voice of America network broadcasts to an estimated 115+ million people across the globe. More than 1,000 hours of news, information, educational, and…

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