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MondayMay 12, 2008 3:55 am

Medical Action Industries, Inc. (MDCI) Business is at the Heart of Healthcare

Disposable products have essential roles in modern healthcare. The core strength of this small capital member of the Medical Equipment & Supplies Industry from Hauppauge, NY is that each of its six lines of revenue enjoys relatively stable demand regardless of the general economic climate. Neither doctors nor patients can manage their everyday lives without bed-side utensils, sterile dressings, laboratory aids, kits for routine procedures, systems for waste disposal, and consumables for surgeries. That is why the company’s sales have grown by over 21% during the past five years. Significantly, sales growth on a Trailing Twelve Months basis has been…

MondayMay 12, 2008 3:53 am

Eminent Alliances Buttress Vical Inc. (VICL) Stock Value

An arm of the U.S. Department of Health and Human Services has granted the company $2 million for a two-year program to develop its technology related to the management of sexually transmitted diseases. This company also has licensing and collaboration arrangements with three of the world’s top pharmaceutical corporations. It is clear that the proprietary biotechnology know-how involved has significant new business potential. The company has three innovative projects related to the management of serious illnesses. Its technology has world-wide implications. Health authorities in Japan are considering a proposal to allow such gene therapy to be used to manage cases…

FridayMay 09, 2008 7:36 pm

Stock Guru Featured Client: Lotus Pharmaceuticals, Inc. (LTUS.OB)

Lotus Pharmaceuticals, Inc. (LTUS.OB) is a Chinese pharmaceutical company focused on the discovery, development, and marketing of medicine-based products around the world. The company intends to offer patients a way to manage afflictions and improve their quality of life. Lotus’ product offering includes both patented and generic pharmaceuticals, differentiating them from other major pharmaceutical companies in China. Lotus has a strong medicine-based portfolio. The company is driven to find new innovative prescription medicines while still offering cost effective and high quality generic options. Lotus has had 14 new product approvals in China since the year 2000, and the company owns…

FridayMay 09, 2008 7:10 pm

S3 Investment Company, Inc. (SIVC.PK) Appoints Controller to Assist with Financial Filings in Preparation for OTCBB Application

S3 Investment Company, Inc. (SIVC.PK), which assists private Chinese companies in accessing the U.S. capital markets through reverse mergers into public companies, recently announced that the company has appointed Lesly H. Mohr, CPA as controller. Ms. Mohr has considerable experience as a controller for companies in the manufacturing and service industries and has implemented internal control structures compliant with Sarbanes Oxley governance. Ms. Mohr will assist in completing the financial reports necessary to apply for reinstatement to the Over-the-Counter Bulletin Board (OTCBB) market. Ms. Mohr has extensive experience in assisting companies in adopting standard operating procedures for audit practice. Prior…

FridayMay 09, 2008 7:09 pm

StemCells, Inc. (STEM) Supports National Neurotechnology Initiative Act

StemCells, Inc. (NASDAQ:STEM), a clinical-stage biotechnology company focused on the discovery, development and commercialization of cell-based therapeutics to treat diseases of the central nervous system and liver, recently announced the company’s support of the National Neurotechnology Inititative Act, an initiative to foster new discoveries and accelerate the development of new and safer treatments for brain-related injuries or diseases. Recently introduced by a bipartisan group of members of both houses of Congress, the National Neurotechnology Inititative Act aims to fast track the development of scientific discoveries into actual products or treatments by improving neuroscience research coordination among various Federal agencies. This…

FridayMay 09, 2008 5:58 pm

Personal Choice Family Practice Combines Personalized Care with MedeFile International (MDFI.OB) Technology

In recent news, MedeFile International, Inc. (MDFI.OB) has teamed up with Personal Choice Family Practice to provide patients with convenient management of their individual and family medical records. Personal Choice Family Practice was founded by Dr. Lorne S. Stitsky in Jupiter, Florida. Dr. Stitsky, who is Board Certified in Family Medicine and Osteopathy, is known locally as the “House Call Doc.” The new concierge medical practice’s main goal is “"putting the care back into health care -- one house call at a time." To meet the practice’s objective, it will be limited to only 400 patients who will pay an…

FridayMay 09, 2008 5:54 pm

OTCPicks Featured Company: China Technology Development Group Corporation (CTDC) Completes Testing of Production Line

A subsidiary of China Technology Development Group Corporation (NASD: CTDC), China Merchants Zhangzhou Development Zone Trenda Solar Energy Ltd., has concluded testing on their first SnO2 production line. Beginning in June it will be this line that will operate the pilot production of the solar base plates. SnO2 is a specific type of transparent conductive oxide substrate of amorphous silicon (a-Si), or thin film solar cells. This film helps enhance the performance of Building Integrated Photovoltaics (BIPV). Over the past several month engineers from the company as well as partnering companies, Terra Solar and China Solar, have been carefully working…

FridayMay 09, 2008 5:53 pm

OTCPicks Featured Company: Drake Gold Resources, Inc. (DKGR.PK) Enters into Joint Venture with Eagle Mining

Drake Gold Resources, Inc. (DKGR) announced that they have entered into a joint venture with the Texas-based Eagle Mining. The agreement is for two projects located in Mohave county Arizona, Abigail and Donovan, which total at 300 acres. Both projects show stunning evidence of a high concentration of gold that have been reported in geological essays completed by Southern Spectrographic Laboratory, Inc. The company's stock rose 32.26% on Thursday. Under the agreement Drake will hold 47% of the net proceeds in exchange for Drake furnishing additional dry-processing equipment and jointly covering daily operational expenses. The management and operation side will…

FridayMay 09, 2008 1:29 pm

Redpoint Bio Corp. (RPBC.OB) Highlights Achievements and Q1 Performance

Redpoint Bio Corp. (OTCBB: RPBC) engages in the development of ingredients to enhance the taste of pharmaceutical, food and beverage products. Today the company announced financial and operational results for the first quarter ended March 31, 2008, as well as recent highlights. The company posted revenues of $0.9 million, which includes research and development collaboration with Givaudan, effective March 2007. The performance was also affected by the company’s research and technology development agreement with The Coca-Cola Company, signed December 2007. For the first quarter of 2007, the company reported revenues of $41,000. “We are pleased with our operational progress during…

FridayMay 09, 2008 1:26 pm

Deep Down Inc. (DPDW.OB) – Flotation Technologies, Inc. Announces $5.5 Million Award Contract

Deep Down Inc. (OTCBB: DPDW), a world leader in the engineering, design and manufacturing of deepwater buoyancy and polyurethane elastomer systems, today announced that Flotation Technologies has received a $5.5 million contract for its unique, custom-designed riser buoyancy solution. On April 17, Deep Down announced a definitive agreement to purchase all of the outstanding capital stock of Flotation Technologies, Inc. The contract is from an international energy company and is expected to be delivered in the third and fourth quarters of 2008. The client and product are unnamed due to the nature of the project. “We are pleased to have…

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