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TuesdayAug 07, 2007 7:25 pm

Global Axcess Announces Q2 Financial Results

On word of its financial results for the second quarter of 2007, shares of Global Axcess Corp. (OTCBB: GAXC) are up 2 cents, nearly 7 percent, to 32 cents in Tuesday morning trading. The automated teller machine (ATM) owner and operator reported revenue of $5.6 million from continuing operations for the period ended June 30, 2007, up 2.1 percent from revenue of $5.5 million the same quarter last year. "Our company posted solid performance in the second quarter of 2007. In the quarter, we leveraged our cost improvements and good per ATM transaction growth into excellent profit improvement. We are…

TuesdayAug 07, 2007 7:24 pm

Shotpak More Visible in Marketplace

Party innovator Shotpak Inc. (Pinksheets: SHTP) is still moving merrily along its business plan, doing everything it can to increase the marketability of its revolutionary prepackaged alcoholic beverage product, the aptly named Shotpak. "As of right now ... we are exceeding our goals at this time, growing this business," Shotpak CEO Ignes Hattingh said in a recent interview with MN1. "I believe our stock will reflect our achievement of these goals." According to Hattingh, Shotpak is currently in negotiations with a "very large distributor" located in the United States, although the company couldn't release the name of the distributor. The…

TuesdayAug 07, 2007 7:23 pm

Early Movers with Big News

Each morning, the exchanges come alive - and finding a company with news to back its movement allows MN1 to bring you updates each morning and afternoon to keep you on top of the small and micro-cap markets. The following companies released some sort of news late yesterday evening or early this morning: Nighthawk Systems (OTCBB: NIHK) shares are up 1 cent, nearly 7 percent, to 11 cents this morning, moving on volume of 2.8 million. The leading provider of wireless power management and emergency notification solutions announced it has received an order for CEO700. The purchase order marks the…

TuesdayAug 07, 2007 7:22 pm

MobiClear Rises on Partership

Credit identity protection technology provider MobiClear Inc. (OTCBB: MBIR, Deutsche Brose: B3CA) rose 21 percent yesterday, closing at $0.064 per share after the company announced it had entered into a partnership agreement with fraud management software manufacturer Bastion Payment Systems Corporation. According to the statement, Bastion will market and launch MobiClear's "exciting line" of security solutions to market-lending financial institutions in the Philippines and other Asian countries. "The banks have expressed great interest in the product's ease of implementation, cost-effectiveness, and the ability to be brought to market in a timely fashion," the statement said. MobiClear reportedly specializes in electronic…

TuesdayAug 07, 2007 7:20 pm

SciClone Q2 Revenue Up; Expects $35M to $36M for 2007

SciClone Q2 Revenue Up; Expects $35M to $36M for 2007 « H E » MN1 Exclusive :: email posted Tuesday, 7 August 2007 MN1 Staff WriterModerate trading activity for SciClone Pharmaceuticals Inc. (Nasdaq: SCLN) on the eve of its second quarter earnings announcement as the stock closed down 2 cents at $2.14 per share. SciClone reported its second quarter earnings before the opening bell today. For the second quarter 2007, product revenues from the sale of ZADAXIN (thymalfasin), SciClone's lead product, increased by 13 percent to $9 million, compared with revenues of $7.9 million for the second quarter 2006. The…

TuesdayAug 07, 2007 7:19 pm

Commerce Planet Foresees Near 55% Increase in Revenue

Shares of Commerce Planet (OTCBB: CPNE) were up 7 cents, nearly 9 percent, to 89 cents Monday afternoon, moving on volume of 1.1 million. Yesterday, the company announced it expects second-quarter revenue to increase 48 percent to 55 percent, as compared to the same period last year. In a statement, the Internet-based media company said it expects revenue for the period ended June 30, 2007, to increase to $10.5 million, up from $7.1 million the year prior. "We are pleased with our preliminary results for the second quarter, which reflect the success of our initiatives to increase the quality of…

TuesdayAug 07, 2007 6:02 pm

ALL Fuels & Energy (AFSE.PK) to Acquire 46MM Gallons of Annual Ethanol Production

Today the company announced it has signed an exclusive letter of intent to acquire Ace Ethanol, LLC for $102.5 million. Ace Ethanol operates a 46 MM gallon per year Delta T design production facility in Stanley, WI. Dean Sukowatey, president of ALL Fuels & Energy "We are pleased to have reached this stage in our purchase of a quality ethanol producer with over $100 million in revenues and EBITA of over $33 million in 2006. ACE fits our model and strategically moves us closer to producing our goal of 500 MM gallons per year. We have worked with Ace for…

TuesdayAug 07, 2007 3:27 pm

Dave Gentry, President of RedChip Companies, Inc., Interviews David Gillespie, CEO of H2Diesel Holdings, Inc.

The interview included a discussion of the short and long-term strategic objectives for the Company and the increasingly important role renewable energy plays in the global economy. RedChip Radio™ is a radio news forum that addresses general market and small-cap news and interviews CEOs and executives of prominent small-cap companies. H2Diesel is a development stage company that holds an exclusive license for North America, Central America and the Caribbean to proprietary technology for the manufacture of an alternative "bio-fuel" from produced vegetable oils and animal fats that is intended to be marketed as a new class of bio-fuel or fuel…

TuesdayAug 07, 2007 2:28 pm

Tesco: The British Are Coming!

Bangers and mash, anyone? British supermarket behemoth Tesco is making its foray into the U.S. this fall, with a grand opening in Los Angeles and other western cities. Under the banner Fresh & Easy, the 10,000-square-foot stores will cater to health-conscious shoppers, people on the go, and a variety of budgets. Investors may want to take a closer look. Downtown Los Angeles -- once known for its poverty, but now booming with the development of lofts -- will host one of the first stores. The nearest competing supermarket will be several miles away. While most markets carry up to 10,000…

TuesdayAug 07, 2007 1:26 pm

Morning News Tuesday August 7th 2007

General News: - The Federal Reserve is expected to keep rates the same at 5.25%. - U.S. worker productivity gained less than forecast in the second quarter and labor costs rose, suggesting inflation remains a risk as the Federal Reserve sets interest rates today. - Bear Stearns Cos.' decision to liquidate two bankrupt hedge funds in the Cayman Islands instead of New York may limit creditors' and investors' ability to get their money back. - U.S. stocks fell after a government report showed labor costs climbed more than forecast in the second quarter, bolstering speculation the Federal Reserve has less…

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