ThursdayMay 01, 2008 12:10 pm

Copper Mountain Mining Corp. (CUM.V) Expands Drilling Program

Copper Mountain Mining Corp. (CUM.V) announced Thursday that its initial 30,000 meter drill program currently underway at the 100% owned Copper Mountain project has been expanded to a 50,000 meter program based on success to date. Shares of the Vancouver, British Columbia, Canada-based company jumped 1% to $2.20 after it announced the expansion. The company added that its program is focused on continued expansion of the resource base through both incremental additions to known resources as well as the discovery and delineation of new zones of mineralization. The Copper Mountain project is located approximately 9 miles southwest of Princeton, BC,…

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ThursdayMay 01, 2008 11:09 am

Network Engines, Inc (NENG) Announces 88% Increase in Q2 Revenues

Network Engines, Inc, provider of server appliance products and services for storage, security and communications software vendors, today reported its financial results for the second quarter ended March 31, 2008. The company posted a positive second-quarter performance and projected increases for the third quarter of 2008. Net revenues rose 88 percent to $55.2 million, up from $29.3 million in the second quarter last year, following previous guidance of $54 million to $58 million. The company attributes the increase to its acquisition of Alliance Systems Inc. in October 2007. Gross profit fell short of the 17-18 percent expected, posting at 16.1…

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ThursdayMay 01, 2008 10:17 am

Novavax Inc. (NVAX) Launches $5 Million Production Facility to Drive Vaccine Production

Novavax Inc. (Nasdaq: NVAX) today joined the State of Maryland and Montgomery County in celebration of the opening of the company’s new $5 million vaccine production facility at the company's headquarters in Rockville, Md. The 5,000 square-foot plant will be used to produce vaccines using the company’s virus-like particle (VLP) technology, which will combat a broad range of infectious diseases. The facility has the capacity to supply 10 million doses of the influenza vaccine for the company's current clinical programs. According to the press release, the facility marks a “major milestone” for the company’s development team. “This facility is seen…

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ThursdayMay 01, 2008 10:14 am

Buffalo Wild Wings Inc. (BWLD) – Messy Faces, Full Pockets

Despite the recent reduction in spending seen throughout the United States, there are some companies who are thriving. One such company is Buffalo Wild Wings Inc. (BWLD) whose stock soared almost 20% after a report was released stating higher than expected earnings. While most of the chicken wing industry sees a boon around the time of the Super Bowl, prices were a great deal lower than expected during the first part of this year. There is actually logic behind the reasons for chicken prices being so low. While feeds such as corn are seeing dramatic rises, farmers are turning to…

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ThursdayMay 01, 2008 9:57 am

OTCPicks Featured Company: 141 Capital, Inc. (XXIS.PK) Files Disclosure Statement

With the intent to provide a vast market transparency and meet their disclosure obligations, 141 Capital, Inc. (OTC: XXIS) has filed a Disclosure Statement with Pink Sheets including audited financial numbers for the years ending December 31, 2006 and December 31, 2007. Also, contained in the statement are the company's share structure (authorized shares, outstanding shares, etc.) and other significant information as of February 29, 2008. The management team will proceed with filing the required quarterly reports, since initial filing is complete, and expects to be in a position to announce further accomplishments for the benefit of their investors. On…

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ThursdayMay 01, 2008 9:13 am

HotOtc Featured Company: Western Standard Energy Inc. (WSEG.OB) Readies to Take Its Share of 3-4 Billion Barrels of Oil under Montana and North Dakota

In the oil sector, the old baseball adage “hit’em where they ain’t” applies to exploration. If others are looking offshore, look onshore. If they’re looking in Texas and Oklahoma, look in Montana and North Dakota. Smaller oil and gas companies are quickly finding places to drill for oil and gas that many others have looked over. If they can bring home a few wells, they will be bringing home some cash for investors. Western Standard Energy Inc., a development stage oil and gas exploration company, is currently working with three properties located in Montana and North Dakota. Initial geological testing…

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ThursdayMay 01, 2008 8:54 am

Tactical Solution Partners, Inc. (TTSR.OB) Shareholders Approves Corporate Name Change

The shareholders of Tactical Solution Partners, Inc., an innovative homeland security technology and services firm, have approved a proposal to change the name of the Company to Brekford International Corporation. The name was first unanimously approved by The Board of Directors in February and then approved by the shareholders on April 25, 2008 at the company’s special stockholders meeting. The new name is a part of the growth strategy outlined by the Company’s Board of Directors as well as recognizes the Company’s founders C.B. Brechin and Scott Rutherford. The new name is designed to be a more recognizable brand name…

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ThursdayMay 01, 2008 8:03 am

American Science and Engineering, Inc. (ASEI) Receives $14.3M Order from U.S. Government

American Science and Engineering, Inc. (ASEI) was happy to receive an order totaling 14.3 million dollars from the United States Government for service, support, and parts for Z Backscatter Vans (ZBV). The company was awarded the initial Base year of the contract in 2006, valued at $11.0 million, and was awarded Option year one of the contract last year at $17.5 million. In all, the total funded amount comes to nearly $43 million, including this latest receipt. American Science and Engineering's Z Backscatter Van is an economical, highly adaptable x-ray screening system. It is built for installation into commercial delivery…

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ThursdayMay 01, 2008 8:01 am

Actiga Corp. (AGAC.OB) Reaches Agreement with Microsoft

Actiga Corporation has announced that its wholly-owned subsidiary, Qmotions, has entered into a North American licensing agreement with Microsoft. The details of the agreement allow Qmotions to utilize Microsoft’s Xbox 360 wireless technology in its own videogame controllers. It is a technology that has rendered traditional 'wired' gaming devices virtually obsolete. Qmotions hopes to cash in on this fairly recent trend by releasing a range of related products that will receive official endorsement from Microsoft. The first of these new items is scheduled to appear later this year in the form of a full-sized skateboard controller for use with popular…

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ThursdayMay 01, 2008 8:00 am

HotOtc Featured Company: The Boeing Company (BA) Projects 2009 Earnings to Grow 20%

Some industries are just high finance at all levels. There are big dollars, big government and big paydays across the board when things all come together. The opposite is also true when those paydays turn sour. But, when times are good nobody complains and everybody gets on board for the ride. The Boeing Company Inc., a designer, manufacturer and marketer of aviation and advanced design technical products, works to offer aviation and advanced technical products to the world’s governments and private concerns. The company’s primary product lines deal with planes of military, passenger and cargo designs. Other product lines offer…

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