TuesdayApr 08, 2008 4:31 am

QuoteMedia, Inc. (QMCI.OB) Announces Substantial Gain in Revenue for Fiscal Year 2007

QuoteMedia, Inc. (QMCI.OB) recently announced a 49 percent increase in revenue for the fiscal year ending December 31, 2007. In 2006, it reported revenue of $3,742,534, while 2007 results equaled $5,569,107. Deferred revenue, which represents customer payments received in advance that will be recognized as revenue once services are rendered, had a reported increase of 19 percent in comparison to the previous fiscal year. 2007 deferred revenue was reported at $433,630, while 2006 reported results of $363,785. Robert Thompson, Chairman of the Board of QuoteMedia, reported, "We added trading data from over 40 international exchanges, as well as corresponding supplemental…

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TuesdayApr 08, 2008 4:18 am

New Flow International Corp. (FLOW) Business Orders Augur Well for the Stock

Imagine using water to cut. Incredibly, this company uses the stuff we drink and wash with to cut metals and fibers. It does this by producing powerful jets through specialized pumps. Aircraft and semiconductor manufacturers, as well as suppliers of key equipment to military forces, are among the prime industries that use high pressure jets of water to cut. That is apart from the more conventional cleaning applications, in which high pressure water jets are musts to remove paint, clean ship hulls, and keep oil rig sites in good working order. This company was worth less than $400 million at…

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MondayApr 07, 2008 5:34 pm

Stock Guru Featured Client: Budget Waste, Inc. (BDGW.PK)

Budget Waste, Inc. (BDGW) is focused on providing cost competitive waste services. The company is committed to surpassing each of its customers’ expectations by paying special attention to specific needs. The management team leading Budget Waste has extensive experience and has the company positioned as one of the largest roll-off waste haulers in the Calgary market. Budget Waste’s services include an all-encompassing temporary container service, which is a key need for construction and remodeling projects, estate clean-ups, demolition jobs, special events and other short-term activities. In order to best fit the purpose and extent of each job, the Company includes…

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MondayApr 07, 2008 5:33 pm

Stock Guru Featured Client: China 3C Group (CHCG.OB)

China 3C Group (CHCG) is a leading retail chain operator in Eastern China with over 600 independent stores. The company is focused on selling its communication, information technology and digital products in China through its subsidiary, Zhejiang Yong Xin Digital Technology Co., Ltd. China 3C Group is the parent company for Yiwu Yong Xin Telecommunication Company Limited and Hangzhou Wang Da Electronics. Both subsidiaries are authorized sales agents for communication, IT, and digital products in China. Some of their products include: fax machines, cord phone products, cell phone products, laptop computers, digital cameras, digital camcorders, MP3 players, and PDAs. The…

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MondayApr 07, 2008 4:56 pm

ECOtality, Inc. (ETLY.OB) Announces Preliminary First Quarter 2008 Revenue Estimates

ECOtality, Inc. (ETLY.OB), a renewable energy company that acquires and commercially advances clean electric technologies and applications, recently announced the company’s first quarter results. Based on sales activity during the first three months of the year, estimated revenues for the first quarter of 2008 are expected to total $2.3 million, compared to $0 in revenue during the first quarter of 2007. The company has streamlined its operating budget for 2008 in an effort to reduce operating expenses and move towards being cash-flow positive in the near term. With the expectation of consistent quarterly revenue growth throughout the year, and modest…

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MondayApr 07, 2008 4:54 pm

CryoLife, Inc. (CRY) Enters Into $15M Credit Facility with GE Healthcare Financial Services

CryoLife, Inc. (CRY), based in Atlanta, Georgia, is a biomaterials, medical device and tissue processing company. CryoLife processes and distributes implantable living human tissues for use in cardiac and vascular surgeries throughout the United States and Canada. Much of the company's research efforts focus on the preservation of human cardiac and vascular cells as well as tissues, and the development of surgical adhesives that enable cardiac and vascular surgeons to repair and reconstruct complex cardiac and vascular anomalies. The company received FDA clearance for its CryoValve®SG pulmonary human heart valve, processed using CryoLife’s proprietary SynerGraft® Technology. In addition, the company’s…

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MondayApr 07, 2008 4:50 pm

Angstrom Microsystems, Inc. (AGMS.OB) Solutions Span Computing, Biotechnology and More

Our world is changing at a rapid pace; advances in medicine and technology alone are outstanding. The speed of the advancing biotechnology industry, in particular, requires high-performance computing, integration and storage. Angstrom Technologies (OTCBB: ANGS) develops high-performance computing servers applicable to scientific and technical computing. The company’s technology includes Linux servers, AMD Opteron processor-based servers, and storage technologies that focus on the architectural requirements of Life Sciences. Reliability is imperative in any business, and Angstrom’s Dataminer storage systems allow for increased storage capacity and reduced back-up time and delays – all without interruption. The company’s solutions are applicable to a…

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MondayApr 07, 2008 3:50 pm

April 7th CEOcast Weekly Newsletter

Companies featured in the current edition of the newsletter: ACTC, AFMI, CACN, CBMC, CLXS, CORG, CYTR, FMTI, GCEH, GNBT, HJHO, HYTM, IFSG, MBND, MSHI, NSMG, RVEP, SMGY, SWVC, TKO Market moving headlines and news pertaining to the financial sector dominated the week, leading to a stunning bounce from deeply oversold conditions. Despite a mixed bag of financial news, banks and brokerage firms helped the financial sector lead the way, gaining 6.6%. The S&P 500 rallied with a gain of 55 points or just over 4.0% for the week, cutting its year to date loss to 6.7%. It was a striking…

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MondayApr 07, 2008 1:50 pm

Pfizer Inc. (PFE) Announces 70 Million Encysive (ENCY) Shares Tendered

Pfizer Inc. (NYSE: PFE) today announced results of its tender offer by its wholly-owned subsidiary, Explorer Acquisition Corp., to purchase all outstanding shares of common stock of Encysive Pharmaceuticals Inc. (NASDAQ: ENCY) at a purchase price of $2.35 per share. Pfizer announced that a total of 70,238,869 shares, approximately 86.8 percent of the outstanding shares, including 8,473,574 shares subject to guarantees of delivery, were tendered and not withdrawn prior to the expiration of the initial offering period March 31, 2008, expired April 3, 2008. As of April 1, 2008, Pfizer beneficially owned approximately 64,128,679 shares, which is about 79.22 percent…

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MondayApr 07, 2008 1:47 pm

Chile’s Booming Copper Production Entices Red Lake Exploration Inc. (RLKX.OB)

Chile’s copper mines provide more than 40 percent of the world’s copper output, according to the U.S. Department of the Interior. Chile’s mining industry employs about 6 percent of the country’s workforce, and as more mines come into operation, the demand for output is expected to rise. Red Lake Exploration Inc. (OTCBB: RLKX) engages in the acquisition, exploration and development of mineral properties in Chile. Headquartered in Richmond, Canada, the company focuses on its primary project, the Farellon property, in the Candalaria Iro Oxide Copper Gold Belt. Red Lake is reviewing options to purchase Santa Rosa and Camila Mineral Properties,…

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