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MondayJun 23, 2008 5:18 am

Albert Einstein and Today’s Stock Market

"We can't solve problems by using the same kind of thinking we used when we created them." Interest rates have dominated stock market discussions during the nine months ended May 2008. The U.S. Federal Reserve has taken a lead in presenting this instrument to the business world as a universal panacea. It has been left to the King of Saudi Arabia to assert that speculative trading, rather than supply-demand imbalance, drives us to misery at our gas stations. Bertrand Russell is at least as unlikely a source for stock market inspiration as the inventor of a use for uranium. The…

MondayJun 23, 2008 5:15 am

General Steel Holdings Inc. (GSI) is at the Heart of China Business

The maturity of the U.S. economy has forced steel out of the limelight, but emerging economies continue to appreciate the importance of this essential material resource for GDP growth. One of the features of the growth story of China is its amazing advance to the vanguard of world steel production. The country is witness too much jockeying for leads by domestic manufacturers of all sizes. That is why the Chinese steel industry places so much collective importance on trade with the United States. The Washington administration perceives this as a threat to indigenous interests, and has placed crippling tariff barriers…

MondayJun 23, 2008 4:46 am

MedeFile International, Inc. (MDFI.OB) Gives API Marketing Exclusive Rights to Market MedeFile Memberships

MedeFile International, Inc. (MDFI.OB) announced that it has entered into an agreement with API Marketing, Sales & Advertising Company to market MedeFile memberships to more than 100,000 retail outlets in the U.S. and Canada. API was founded by CEO and President Alex Papas more than 20 years ago. Based in South Florida, API employs more than 500 independent sales representatives in the continental U.S., Hawaii, and Canada. API specializes in marketing consumer products and services in convenience stores, gas stations, bodegas, health food stores and independent pharmacies. The agreement with MedeFile provides API with exclusive rights to market their memberships…

MondayJun 23, 2008 3:48 am

Discovery Laboratories (DSCO) and FDA Meet to Clarify Limited Items in SURFAXIN® Approvable Letter

Discovery Laboratories, Inc. (NASDAQ: DSCO), a biotechnology company developing Surfactant Replacement Therapies (SRT) for respiratory diseases, held a teleconference on June 18, 2008, with the FDA. During this meeting, Discovery Labs discussed the remaining key items, originally identified on May 1, 2008 within the approvable letter from the FDA, in order for the company to potentially gain U.S. marketing approval of SURFAXIN® for the prevention of Respiratory Distress Syndrome (RDS) in premature babies. Although the approvable letter from the FDA did not require any additional clinical trials to gain final approval for SURFAXIN®, one of the two items requires additional…

FridayJun 20, 2008 5:02 pm

IndieMV Media Group, Inc. (IDMV.OB) Commences Expansion into Philippines and Asia

IndieMV Media Group, Inc. (OTCBB: IDMV) today announced that they will begin their Asian expansion by going through the Philippines as an entry point. This decision was primarily based on the fact that a newly appointed board member, Sherwin Lim, has already established numerous business contacts and social networks in the Philippines. The company intends to use these contacts and networks as an opportunity to capitalize on possible marketing opportunities within the Philippines, and later throughout much of Asia. "With the Philippines being one of the fastest growing Internet and mobile phone users in Southeast Asia, we feel strongly that…

FridayJun 20, 2008 5:00 pm

Alderox, Inc. (AROX.OB) Reaches Supply Agreement with Canadian Company

Alderox, Inc. (OTCBB: AROX) is a worldwide leader in productivity enhancing, environmentally anti-stick release agents and lubricants for the paving, mining, and asphalt industries. The company sells their products throughout the United States, Canada, Mexico, and Puerto Rico, and recently announced that they have entered into a long-term supply contract with 3M Canada. Stated under the terms of agreement, 3M Canada has exclusive rights to the company's patented Alderox products for the Canadian mining industry, including the oil sands. "The supply agreement with 3M Canada is a significant and very positive event for Alderox, Inc.," commented Gordon Davies, president of…

FridayJun 20, 2008 1:46 pm

uKarma Corp. (UKMA.OB) to Feature its Unique Fitness Platform at the Electronic Home Shopping Conference through Agreement with Northern Response

uKarma Corp. (OTCBB: UKMA) today announced its exclusive international distributor, Northern Response (International) Ltd., will commence international sales of uKarma’s Xflowsion DVD series at the Electronic Home Shopping Conference in late June. Taking part in the conference, held in Monte Carlo, Monaco, will allow the company to showcase Xflowsio, the only exercise program that the company claims successfully combines the best elements of martial arts, power yoga and dance, into one workout that produces maximized results. Xflowsion is was filmed in high definition with 5.1 surround sound and features a live band to create a motivating and fun atmosphere for…

FridayJun 20, 2008 1:44 pm

Quantum Fuel Systems Technologies Worldwide Inc. (QTWW) to Join the Russell 3000 – Boosting its Presence on the Investment Radar

Quantum Fuel Systems Technologies Worldwide Inc. (Nasdaq: QTWW) develops and produces advanced propulsion systems, energy storage technologies and alternative fuel vehicles. The company’s portfolio includes products integral to the advancement of alternative energy-fueled technologies. Quantum’s products include advanced lithium-ion battery systems, electronic controls, hybrid electric drive systems, hydrogen storage and metering systems, and alternative fuel technologies that enable fuel efficient, low-emission hybrid, plug-in hybrid electric, fuel cell and alternative fuel vehicles. The company announced it will join the Russell 3000 Index and the Russell Global Index when Russell Investments reconstitutes the indexes on June 27, 2008. Russell Investments’ annual reconstitution…

FridayJun 20, 2008 12:33 pm

St. Jude Medical, Inc. (STJ) – Results of Pilot Study Released on Deep Brain Stimulation for Patients with Depression

Advanced Neuromodulation Systems, a division of St. Jude Medical (STJ) and based in Plano, Texas, develops, manufactures and markets proprietary neuromodulation devices that improve the quality of life for people suffering from chronic pain or nervous system disorders. St. Jude Medical, headquartered in St. Paul, Minnesota, has five major focus areas. These areas include neuromodulation, cardiac rhythm management, atrial fibrillation, cardiac surgery, and cardiology. Last month, St. Jude, through its ANS Division, announced the results of a pilot study investigating deep brain stimulation (DBS) of Brodmann Area 25 for major depressive disorders. The DBS targeted an area of the brain…

FridayJun 20, 2008 11:50 am

NewMarket Technology, Inc. (NMKT.OB) Releases CEO Shareholder Letter Discussing Managed Services, Debt Reduction and Management Realignment

After watching his stock slide to half its value in the last month, NewMarket CEO Philip Verges was probably puzzled. He had a month of good press. He’d put out good news time and again; $4M in sales to Movistar, plans for $100M in recurring revenue, long term contracts, appearing at conferences and the like. So why was the stock taking a hit? One might speculate that it was due to general consumer confidence, or lack thereof, and all stocks suffered somewhat during that period, but this is not the case. As always, even during dour economic times, we have…

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