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TuesdayJul 10, 2007 6:49 pm

Ocean Bio-Chem (OBCI.OB) Shares Soar 89 Percent on Word of Q2 Sales

Shares of Ocean Bio-Chem Inc. (OTCBB: OBCI) soared as high as 89 percent in early morning trading, hovering around $3.10, up $1.37 or 80 percent by mid-afternoon. This morning the company announced its second-quarter sales for 2007 were up 32 percent.The company reported its second-quarter sales at $5.7 million, up $1.4 million, or 32 percent, from $4.3 million the same period of 2006. For the six months ended June 30, 2007, net sales increased $1.4 million, or 12 percent, to $9.7 million - up from $8.7 million for the same period last year. Ocean Bio-Chem manufactures and markets a full…

TuesdayJul 10, 2007 6:49 pm

SKRM Interactive (SKMI.OB) Acquires Sector 10

SKRM Interactive Inc. (OTCBB: SKMI) made ripples on the Bulletin Board last week after it announced a "No Reverse Split" in its acquisition with Sector 10 Services USA Inc., - a move that may take the company from making ripples to making waves.According to SKRM's July 5 statement, Sector 10 provides pre-deployed emergency life response and escape equipment for high-rise buildings and other urban emergencies in "the post 9/11 world." Although the Sector 10 Web site is currently down - the only information on the site is a graphic, the words "new site coming Summer 2007," and an e-mail address…

TuesdayJul 10, 2007 6:49 pm

American Resources (ARRM.PK) Taking Part in Energy Conservation

Estimating by future growth rates, China is poised to become the leading energy consumer in the world, but right now the U.S. is one of the most abundant users of energy, and Americans are striving to reduce the amount of energy consumed. Many companies across the country are trying to reduce the amount of energy by enhancing energy facilities and industrial regions more efficiently.American Resource Management Inc.'s (Pink Sheets: ARRM) wholly-owned subsidiary Efficient Technologies Inc. is taking part in the solution efforts to reduce the amount of energy consumed by businesses across the country. Efficient Technologies is maximizing chiller efficiency…

TuesdayJul 10, 2007 6:49 pm

ICBS Limited (ICBS.PK) Discusses Future, Business, Beer

It looks like mergers and acquisitions specialist ICBS Limited (Pink Sheets: ICBM) is planning to move off the pink sheets sometime soon. In a recent interview, ICBS CEO Garth McIntosh told MN1's Andrew Coffey that the company is taking the steps it needs to move up the financial food chain."Our intent is to move to the OTCBB within the next couple of months, as soon as we've sent in our audits," McIntosh said during the interview. "We're in the middle of the 2005-2006 audits." If the company does make the move to the Bulletin Board, it would be a big…

TuesdayJul 10, 2007 6:49 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:Shares of Upstream Biosciences (OTCBB: UPBS) were up 15 cents, or 23 percent, to 81 cents this morning, moving on volume of 382,277. Today the company announced its agreement with Genpathway Inc. to advance its Biomarker validation studies. In the press release, the company said the analysis is expected to provide…

TuesdayJul 10, 2007 6:49 pm

Med Gen (MGEN.OB) Reports Record Revenue

Healthcare solution entrepreneur Med Gen Inc. (OTCBB: MGEN) lit up investor interest when it announced that its June 2007 revenue nearly broke the record for the company.According to Med Gen's most recent statement, the company reported an-unaudited revenue of $316,566 for the month of June 2007, a whopping increase of 4,726 percent over the recorded revenue of 2006. In addition, the company's total nine-month unaudited revenue was reported at $1,414,403, a 731 percent increase over the same period last year. Operating profits from what the company calls "combined operations" hovered around $150,000. This is excellent news for Med Gen. The…

TuesdayJul 10, 2007 6:49 pm

An MN1 Exclusive: Duncan Niederauer talks about Becoming Co-CEO of NYSE, as Well as Some Common Misconceptions about the Company

What instantly comes to mind when you hear those four letters ... NYSE? Do you instantly imagine the hectic grind that is that "floor" in New York? People yelling and screaming at the top of their lungs? Actually, that is only a small percentage of the New York Stock Exchange (NYSE) and the most common misconception about the company.Duncan Niederauer, brand new president and Co-CEO of NYSE, explained to Market News First (MN1) host Steve Kanaval that he believes sometimes the market doesn't understand what the exchange really does. "There really is no other animal like us," the CEO explained.…

TuesdayJul 10, 2007 6:49 pm

Record Sales Set for Execute Sports (EXCS.OB)

After taking the company public in 2005, Geno Apicella, CEO of Execute Sports (OTCBB: EXCS), has seen a consistent increase in company revenue. However, the second quarter of 2007 has become the largest second quarter in the history of the company, exceeding the same quarter in 2006 by a whopping 77 percent.Sales exceeded $800,000 during the second quarter, and sales from the first two quarters of 2007 have reached $1.36 million, an increase of more than 55 percent over the same period in 2006. < In a press release, Apicella said all the company's numbers are up from a year…

TuesdayJul 10, 2007 6:37 pm

QualityStocks “Ones to Watch”: Comverse Technology, Inc. (CMVT.PK)

Comverse is the world’s leading provider of software and systems, converged billing, and IP communications which enables network-based messaging and content value-added services. Comverse solutions generate revenue in more than 130 countries from over 500 communication service providers. The company's Total CommunicationSM portfolio enables personalized lifestyles in an evolving, connected world. Comverse’s solutions support flexible deployment models, including in-network, hosted and managed services, and can run on circuit-switched, VoIP, IMS and converged network environments. Let us hear your thoughts below:

TuesdayJul 10, 2007 5:45 pm

Wall Street News Issues “Aggressive Investor Trade Alert” for Signature Devices, Inc. (SDVI.PK)

Signature Devices' wholly owned subsidiary, Graffiti Entertainment, develops and publishes interactive software for advanced gaming consoles, and is focused on creating mass-marketable games by setting new trends. Earlier this year the company announced that it is an official publisher for Nintendo. The U.S. video gaming market has grown consistently, and is currently a 12.5 billion dollar market. Graffiti Entertainment is experiencing a very active year as it plans to release a variety of titles. Next year, the company plans to release more titles for three major game consoles in addition to a PC game. Wall Street News recommends investors to watch Graffiti Entertainment closely…

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Ocean Bio-Chem (OBCI.OB) Shares Soar 89 Percent on Word of Q2 Sales

SKRM Interactive (SKMI.OB) Acquires Sector 10

American Resources (ARRM.PK) Taking Part in Energy Conservation

ICBS Limited (ICBS.PK) Discusses Future, Business, Beer

Early Movers with Big News

Med Gen (MGEN.OB) Reports Record Revenue

An MN1 Exclusive: Duncan Niederauer talks about Becoming Co-CEO of NYSE, as Well as Some Common Misconceptions about the Company

Record Sales Set for Execute Sports (EXCS.OB)

QualityStocks “Ones to Watch”: Comverse Technology, Inc. (CMVT.PK)

Wall Street News Issues “Aggressive Investor Trade Alert” for Signature Devices, Inc. (SDVI.PK)

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