MondayJul 16, 2007 7:00 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 news late yesterday evening or early this morning:Versar Inc. (AMEX: VSR) announced today it has been awarded a $24.5 million task order from the U.S. Air Force Center for Engineering and the Environment. The order modification will allow Versar to continue Construction Management and Quality Assurance operations in Iraq. In the press release, the company said the modification…

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MondayJul 16, 2007 6:56 pm

Global Resources Corp (GBRC.OB) Experiences Strong Growth in Stock Price

Global Resources Corporation (OTCBB: GBRC) announced earlier today it has entered a joint cooperation relationship with Ingersoll Production Systems (IPS). Global Resources' investors and stock price reacted positively to the news as share prices rose throughout the day, settling up 37 cents, nearly 9 percent, to $4.59 at the market's close.The announcement stated IPS, as a partner of GBRC, would manufacture energy production systems at its Rockford, Ill. assembly plants. There, IPS will be the single manufacturing source for all Global Resources equipment, excluding its microwave components. "The markets for environmentally conscious energy production technology are rapidly expanding, and we…

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MondayJul 16, 2007 6:56 pm

Top Closers with Big News

Stock markets had mixed results today as only the Dow made positive gains in an other wise slow day of trading. Although there were not a lot of companies making news we still had companies that made some big moves. The following companies saw positive gains in their stock price today releasing interesting news this morning.Composite Tech Corp. (OTCBB: CPTC) announced today that its subsidiary, DeWind, received certification for its D8.2 wind turbine. The news sparked growth in the stock price, increasing share value to $1.81. This is an increase of 22 percent, or 33 cents, on volume of 8.1…

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MondayJul 16, 2007 6:56 pm

PreMD Inc (PME) Partners with AstraZeneca for Skin Test

Shares of PreMD Inc. (AMEX: PME) steadily rose in Monday's trading, settling at $1.90, up 82 cents or 76 percent, at the market's close. The move follows PreMD's news it struck a deal with AstraZeneca Pharmaceuticals (NYSE: AZN) to market and distribute a noninvasive skin cholesterol test, for now named PREVU.Symptoms of coronary heart disease are normally only noted in advanced stages of the disease - most individuals afflicted show no evidence until they are stricken with a "sudden" heart attack, the most common cause of death in men and women over 20 years of age. The PREVU skin test…

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MondayJul 16, 2007 6:56 pm

Northwest Biotherapeutics Inc (NWBO.OB) Defensive As Stock Drops

Share prices for Northwest Biotherapeutics Inc. (OTCBB: NWBO) dropped another 16 percent today, continuing the stock's week-long drop ever since the company unveiled its new DCVax brain cancer vaccine. In fact, shares have dropped so much over the past week that the company tried to assuage shareholders today regarding "certain media reports" as well as the company's "absence" of stock sales activity."Certain media reports have erroneously stated that company shareholders Toucan Capital and/or Toucan Partners have sold shares in the company at the time of the PIPE financing in April 2006, at the time of the recent AIM financing, or…

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MondayJul 16, 2007 6:56 pm

Mobile Ready Entertainment Corp (MRDY.PK) Shares Rise on News of Marketing Product

Mobile Ready Entertainment Corp. (Pink Sheets: MRDY) shares were up 2 cents, or 38 percent, to 8 cents on volume of just over 2 million today after the company announced it will soon release its new direct response product, Direct-2-Mobile.According to the company's research, there are more than 2.2 billion mobile subscribers around the globe - that number is expected to grow to about 4 billion users in the next four years. It's a $2 billion market, and the industry is seeing a lot of growth in the SMS space, something Mobile Ready has had its hands around. Along with…

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MondayJul 16, 2007 6:56 pm

China Holdings (CHHL.OB) Announce New Oil Facility

It's been a busy day for China Holdings Inc. (OTCBB: CHHL). The company's share prices rose an impressive 40 percent today, settling at a price of 3 cents a share by noon CDT.The source of the jump is the China Holdings' recent statement regarding a joint venture with Aroma International Petroleum Ltd. to develop a 1.2 million cubic meter oil storage facility. According to the statement, China Holdings executed a memorandum of understanding with Aroma to complete the development of the massive tank, which, when completed, would hold an estimated 7.5 million barrels of oil. To facilitate the venture, Aroma…

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MondayJul 16, 2007 6:52 pm

QuoteMedia, Inc. (QMCI.OB) Announces New Client

QuoteMedia, Inc. (QMCI.OB) announced today that is has been hired by Broadridge Financial Solutions, Inc to provide real-time desktop and wireless portfolio management. Broadridge will be using the QuoteMedia service to further enhance their current service offerings to the financial community. "By incorporating QuoteMedia's portfolio management solutions into our existing offerings, we are able to create a more robust and dynamic offering while expanding the depth of market data content made available to our clients and their customers," said David Swift, General Manager of Broadridge. Broadridge's extensive client base is comprised of global banks, retail, institutional and discount brokerage firms,…

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MondayJul 16, 2007 6:51 pm

Terra Nostra Resources Corporation (TNRO.OB) Share Price Soars up 42%

Terra Nostra Resources Corporation (TNRO.OB), closed up a substantial 42.25% today at $2.02 per share, and currently are up another 1.49% in Extended Hours trading to $2.05. The stock traded over 850k shares today, setting a 6 month high in trading volume. The last news was released on July 12th when the company announced that for the three months ending May 31, 2007, the Shandong Quanxin Stainless Steel joint venture operations generated revenues of $88.8 million, with a total 28.3 metric tons (MT) of billets and hot roll coil sold. This substantial increase over prior quarter revenues of $1.6 million…

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MondayJul 16, 2007 5:17 pm

South Sea Energy (SSGY.OB) Signs Letter of Intent with Indonesian Company

South Sea Energy Corp. (SSGY.OB) has signed a non-binding Letter of Intent with PT Yasa Summa Energy. This particular letter of intent will enable each company to acquire additional coal bed methane in East Kalimantan, Indonesia. Both companies intend to sign a definitive agreement outlying the particulars of their joint venture in the upcoming weeks. Upon closing of this acquisition, SSGY.OB will have the rights to participate in a joint venture with PT Yasa. This joint venture will encompass 1,200 km of both exploration and development of the East Kalimantan area of Indonesia. Alan Charuk, President of South Sea Energy,…

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