FridayJul 06, 2007 12:04 pm

Newtek Business Services, Inc. (Nasdaq: NEWT) to Present at the RedChip Small Cap Conference Next Month at the Waldorf Astoria; as the Company Inks Deal with Discover Financial Services

Newtek Business Services, Inc. (Nasdaq: NEWT) recently reported that its electronic payment processing division, under the Newtek(TM) brand, has entered into a merchant acquiring agreement with Discover Financial Services, a business unit of Morgan Stanley (NYSE: MS - News). Newtek is one of the first business solutions providers to implement and market such an agreement with Discover.   This agreement will allow Newtek Electronic Payment Processing to offer an integrated payment card processing package that includes Discover Network card acceptance to all of its customers. Under the terms of the agreement, Newtek Electronic Payment Processing will offer small to mid-sized…

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FridayJul 06, 2007 11:21 am

Shares of SpaceDev, Inc. (SPDV.OB) Rose Friday, Up 8.70%; as the Company Wins Federal Government Contract

SpaceDev, Inc. (SPDV.OB) is a space technology/aerospace company that creates and sells affordable and innovative space products and mission solutions. The Company is Set to Present at the RedChip Small Cap Conference Next Month in New York City. SpaceDev recently reported that its subsidiary, Starsys, Inc., has been awarded a $750,000 cost reimbursable design and development subcontract from the Air Force Research Laboratory (AFRL) Space Vehicles Directorate, for continued development of deployable boom structures for satellites. The award is a Phase 2 Small Business Innovation Research (SBIR) contract resulting from design and trade study work completed during a Phase I SBIR.…

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FridayJul 06, 2007 11:11 am

EnXnet, Inc. (EXNT.OB) is Set to Present at the RedChip Small Cap Conference in New York City; as the Company Details its Major Products

EnXnet, Inc. (EXNT.OB) recently updated shareholders with its business operations. The Company has been making rapid progress in two distinct areas over the past months. The Corporate Update focused mainly on both the Multimedia Gift Card(TM) and their obtained foreign object detection system for use in medical operating rooms.    The most significant news discussed was regarding the Multimedia Gift Card(TM) and the fact that EXNT is now ready to begin delivering product in time for the 2007 Holiday Season. The Company described how EXNT's ThinDisc(TM) technology makes this new gift card possible and how the Company believes that this is the only multimedia solution to the current…

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FridayJul 06, 2007 11:02 am

QuoteMedia, Inc. (QMCI.OB) Share Prices Escalate 9.52% Friday Afternoon

Investors are noticing QuoteMedia’s recent growth as it adds more exchanges and expands to on a global basis. The company most recently added over 40 international exchanges to its current assortment of data provisioning. Adding new international exchanges has been a primary goal for 2007, and the company is planning to add more. The new stock markets comprise Berlin, Paris, Amsterdam, Madrid, Milan, Vienna, Tokyo, Hong Kong, Shanghai, Australia, Buenos Aires, Sao Paulo and many others. Let us hear your thoughts below:

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FridayJul 06, 2007 11:00 am

Cord Blood America (CBAI.OB) Retired Convertible Debt

Cord Blood America, Inc. (CBAI.OB) previously announced that $650,000 of convertible debt was retired. Matthew Schissler, CEO of CBAI, stated that "Since the January 25, 2007, Effective Registration statement the holders of this convertible debt have been selling our common stock”. The CEO further stated "We are well aware that this has been a significant drag on the market and we are grateful for our many investors who have patiently waited through this difficult period. We have confirmed that the holders of the debt have converted all their U.S. Securities & Exchange Commission registered debt as of June 28, 2007."…

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FridayJul 06, 2007 10:09 am

One of the World’s Most Popular Magazines has Highlighted Hybrid Technologies, Inc. (HYBT.OB)

Earlier this year, People Magazine featured Hybrid’s All-lithium Smart Car. The magazine reaches over 26 million people a day and was named "Magazine of the Year" by Advertising Age for excellence in editorial, circulation and advertising. Hybrid Technologies has made many appearances on national television shows and major news networks. Popular Mechanics, The History Channel, Forbes Magazine, Wall Street Journal, CBS, Fox News, NBC, and CNN have all featured the company at least once and a few have featured it multiple times. In the press release announcing the story, the President of the company stated, “People magazine has a far…

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FridayJul 06, 2007 9:54 am

CanAm Uranium Corp. (OTCBB: CAUI.OB) owns Distinct Uranium Properties

CanAm Uranium Corp. (OTCBB: CAUI.OB) owns Distinct Uranium PropertiesCanAm Uranium Corp. (OTCBB: CAUI.OB), is a junior resource company focused on the acquisition and development of exploration properties in mining specific areas, specifically those known for Uranium. Such areas include Canada, Southern Africa, Australia, and the United States. Within Canada, CanAm Uranium Corp. owns 159,000 acres of claims in the Saskatchewan Athabasca Basin, Ontario. This area is one of the most prolific Uranium mining areas in North America. In addition, CAUI has an option to acquire 100% interest in the Wheeler-Beckett property. This property costs of 126,000 acres and may have…

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FridayJul 06, 2007 8:41 am

Morning News Friday July 6th 2007

General News:-       Payrolls rose by 132,000.  There was a revision to May: +190,000 versus 157,000 and to April: +122,000 versus 80,000. -       Unemployment is 4.529% with hourly earnings in line at 0.3%. -       Manufacturing hours came in strong, suggesting heavy production. -       Payroll Breakdown: -       Private +92,000 -       Construction +12,000 -       Retail down -24,000 -       Manufacturing -18,000 -       Government +40,000 (the government continues to be a strong employer.) -       Finance +1,000 -       Eating and drinking establishments +35,000. -       Professional and business services -9,000 and temp services -8,000. (Temp services have been down all year.  Note that in a strong economy,…

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FridayJul 06, 2007 8:21 am

Simtrol, Inc. (SMRL.OB) Benefits by Targeting Multiple Markets

OnGoer, Simtrol’s software platform, can be used in a number of applications and industries, but the healthcare and government markets are the main sectors targeted by the company. Simtrol is actively working on the next wave of vertical applications and partnerships to drive multiple revenue streams. The company recently inked a channel partnership with two major companies to sell its Curiax platform to county, state and regional governments throughout the United States. The goal oriented management team has extensive experience in the software industry and has the expertise to carry out Simtrol’s multifaceted growth strategies. With a talented management team…

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FridayJul 06, 2007 8:18 am

Shares of Questar Assessment (QUSA.OB) were Up 8.57% Friday; as the Company is Featured by Dutton Associates with a “Buy” Rating

In a recent Research Note; the Analyst noted that the Dutton fiscal 2007 revenue estimate remains $45.8 million. However, Dutton has raised its expense projection to include one-time costs associated with the closing of a seasonal scoring center and downsizing activity as a result of the expiration of a large contract at the end of July. Dutton estimates that will contribute approximately $8 million to $9 million to fiscal 2007 revenue. In fiscal 2008, Dutton projects a modest revenue decline year over year due to the contract expiration. We expect much of the lost revenue to be offset by revenue contributions from new contract wins, but we are…

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