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WednesdayJun 13, 2007 4:41 pm

Analyst’s Coverage of Generix (GNBT) Boosts Share Price

With the 10-year Treasury bond rates playing tug-of-war with investors in the stock market, analyst coverage can still spark growth in companies. Yesterday's 10-year note reached a 5-year high, peaking at 5.27 percent, guiding a stock market sell-off yesterday. Many investors feared the higher rates would increase borrowing cost and slow down the market.Rodman and Renshaw, a New York-based investment bank, was able to side track investors minds with a recent "Market Outperform" rating of Generix Biotechnology Corp. (NASDAQ: GNBT). Analyst Navdeep Jaikaria said the stock should reach a target price of $6 over the next 18 months. According to…

WednesdayJun 13, 2007 4:41 pm

Top Closers with Big News

After tumbling in the market yesterday, the major indices produced positive numbers this afternoon. The Dow, Nasdaq and S&P saw a rise of more than 1 percent today to make up for yesterday's losses. These events tend to trickle down to the micro-cap space resulting in substantial gains for several stocks at the market's close today.Brinx Resources Ltd.'s (OTCBB: BNXR) share price closed up 18 cents to 51 cents, or an increase of 55 percent. Today, Brinx traded on volume of 30,850 - the most the company has seen over the past week. Brinx announced today the company had commenced…

WednesdayJun 13, 2007 4:41 pm

Hemopurifier Amazingly Effective against Dengue Fever

With advances in medicine being made every day, sometimes it's easy to miss some of the interesting - and possibly life-saving - innovations being introduced to the market. One of these innovations is the Hemopurifier, a device that will reportedly purify a patient's blood of viruses just as a dialysis machine purifies the blood of liver patients.Developed by Aethlon Medical Inc. (OTCBB: AEMD), a pioneer in new and inventive medical technology, the Hemopurifier promises to advance medical technology by several years. According to the company's Web site, the Hemopurifier "converges the established scientific principals of hollow-fiber dialysis and affinity chromatography…

WednesdayJun 13, 2007 4:23 pm

Point Blank (DHBT.OB) Awarded $53M Contract with U.S. Army

DHB Industries Inc. (Pink Sheets: DHBT) announced today its wholly-owned subsidiary, Point Blank Body Armor, was awarded a $52.7 million contract with the U.S. Army. Per the agreement, Point Blank will produce 75,000 Improved Outer Tactical Vests beginning by March 2008."With state-of-the-art manufacturing facilities in four locations, and strategic relationships with key suppliers in place, we have demonstrated consistently that we have the capability to produce and deliver products quicker than anyone in the industry," said Larry Ellis, DHB president and chief executive officer in a statement. The company designs and manufactures a variety of protective armor such as soft…

WednesdayJun 13, 2007 4:23 pm

New Mexico Software (NMXC.OB) Jumps Up on Improved Balance Sheet & Tighter Cost Structure

Shares of New Mexico Software Inc. (OTCBB: NMXC) were trading up 2 cents (52 percent) to 5 cents per share on volume of 479,820. The company announced that it is experiencing improving business conditions, particularly an improving balance sheet and a tighter cost structure as recurring revenues continue to rise."Our old liabilities are steadily decreasing, and at the same time, our revenue picture continues to brighten due to the sales growth of XR-EXpress, our web-based Teleradiology/PACS System," said Dick Govatski - CEO of NMXC - in a press release. At the end of 2006, over half of the company's total…

WednesdayJun 13, 2007 4:23 pm

Early Gainers 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 Hyperdynamics Corp. (AMEX: HDY) climbed 36 cents, or 10 percent, to $3.00 on volume of 476,400 this morning after the company announced its attendance at a meeting with the Prime minister of the Republic of Guinea last week. According to the company's press release, the meeting centered around a…

WednesdayJun 13, 2007 4:23 pm

Towerstream (TWER) Increases Salesforce, Sets Sights on Future

Up-and-coming fixed wireless service provider Towerstream Corporation (NASDAQ: TWER) announced that it has closed on the sale of 10 million shares of its common stock for an aggregate purchase price of $40 million in a registered direct public offering."We really consider this our IPO - we got on the Nasdaq Thursday before we basically raised the money," said Jeff Thompson, Towerstream's CEO and president. "It's pretty exciting. We're going to take the money ... and build out our salesforce." Right now, Towerstream is currently in eight markets, and has approximately 15 salespeople working its lines. But Thompson wants his company…

WednesdayJun 13, 2007 4:23 pm

Hemi Energy Group (HMGP.OB) Loads Up for 2007 with Kansas Reserves

Hemi Energy Group Inc. (Pink Sheets: HMGP) recently announced that it has acquired several leases, that when expertly produced, will be its most valuable leases with reserves of all its Kansas lease holdings.This lease acreage has five pay zones, and two of the geological formations have exceptional to prolific potential production. These leases have at least five exploratory wells drilled and need HMGP's expertise to reach their true revenue potential. The company is employing a unique business model and capitalizing on technological advances to exploit mature fields with millions of barrels of proven oil remaining in the ground. HMGP is…

WednesdayJun 13, 2007 4:23 pm

Advanced Materials Group (ADMG.OB) to Pull Up its Nundies

Industrial micromagnate Advanced Materials Group Inc. (OTCBB: ADMG) (AMI) recently hinted to Market News First about its plans for its most popular and best-selling product, the Nundies.According to the company's Web site, Nundies are a "new, fashion-solution product that promises to liberate women from the age-old constraints of femininity." Based on the same self-adhering product technology used for diet patches and wound covers, Nundies are a one-time use, disposable "panty" that adheres to the inseam inside of a woman's pants. While the Nundies have already received a small amount of attention from the mass media, AMI is hoping to kick…

WednesdayJun 13, 2007 3:36 pm

PetroSun, Incorporated (PSUD.PK) Completes Funding for 70 Percent Working Interest in the Canning Basin of Australia

PetroSun, Incorporated (PSUD.PK) reports that it has completed the initial funding requirements of the Exploration Permit 442 Farmin Agreement with New Standard Exploration NL of West Perth, Western Australia. The financial terms included a cash payment of one hundred thousand dollars US to New Standard NL. PetroSun will be assigned a 70% working interest in the Canning Basin permit as the sole funder of the drilling, testing and completion costs of the initial three test wells. PetroSun will be responsible for seventy percent and New Standard NL thirty percent of the costs on all subsequent wells drilled on the farmin leasehold.…

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Analyst’s Coverage of Generix (GNBT) Boosts Share Price

Top Closers with Big News

Hemopurifier Amazingly Effective against Dengue Fever

Point Blank (DHBT.OB) Awarded $53M Contract with U.S. Army

New Mexico Software (NMXC.OB) Jumps Up on Improved Balance Sheet & Tighter Cost Structure

Early Gainers with Big News

Towerstream (TWER) Increases Salesforce, Sets Sights on Future

Hemi Energy Group (HMGP.OB) Loads Up for 2007 with Kansas Reserves

Advanced Materials Group (ADMG.OB) to Pull Up its Nundies

PetroSun, Incorporated (PSUD.PK) Completes Funding for 70 Percent Working Interest in the Canning Basin of Australia

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