TuesdayMar 04, 2008 9:24 am

OTCPicks Featured Company: STEN Corporation (STEN) Reports 100 Percent Second Quarter Revenue Increase

The Minneapolis-based diversified business, STEN Corporation (STEN), announced that based upon results through February 2008, the revenue for the second quarter ending March 31, 2008 is expected to pass $4.2 million, which would double the company's first quarter revenue of fiscal 2008. With the current numbers and the ones previously announced, the company is anticipating their total revenue to exceed $15.0 million for the fiscal year ending September 30, 2008. That number would be three times that of last year's total revenue which was $4.6 million. These numbers are attributed from the company's management and independent auditors' customary quarterly review…

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TuesdayMar 04, 2008 9:02 am

Saudi Arabian Heavy Oil – The Solution to the World’s Future Oil Supplies

Turn a calender page and somebody is going to have another solution to the world’s energy needs. Solar power is in favor one day while hydro power is the best bet the next. Each of these possibilities is nice, but the question of how practical they are when the rubber hits the road (so-to-speak) remains. Currently, Saudi Arabia has 40 billion barrels of higher grade oil reserves from it offshore Moneefa field waiting for market, even before quality/supply issues begin to crop up. Brazil may be sitting on another 12 billion barrels somewhere down the road. Russia continues to pump…

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TuesdayMar 04, 2008 5:27 am

Five Star Quality Care Inc. (AMEX: FVE) Business is in Tune with Population Trends

Senior citizens constitute one of the most important segments of the Healthcare Facilities Industry. This stock is involved in a business which will become increasingly relevant as longevity improves. The company offers a variety of products to suit individual needs of the aged and infirm. This starts with independent living units in which people can live in privacy, drawing on specialized care services on a fee basis over a basic charge. The company also offers assisted living in which all meals are provided in common dining areas, with essential housekeeping and personal hygiene assistance built into basic charges. Finally, there…

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TuesdayMar 04, 2008 5:22 am

The Engaging Business Model of Calavo Growers Inc. (CVGW)

Profitability decline during the Most Recent Quarter is not a concern in the special case of this stock. Any company involved in food processing is susceptible to temporary cost escalations periodically. Business results for this stock have been affected by inclement weather in Chile, but the company has the durability to recover quickly from this temporary set-back. The company started business by selling fresh and processed avocados. It has steadily built an unbeatable reputation in this niche. It has branched into pineapples and other sub-tropical delicacies from Hawaii. The management has built enduring stock value by entering into US distribution…

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TuesdayMar 04, 2008 5:18 am

Why Stock Analysts Take Notice of Momenta Pharmaceuticals Inc.’s (MNTA) Business Progress

This stock is an unusual case of exceptional inherent value. The company is yet to enter the commercial and profitable phases of its business. The stock price has more than doubled on the last day of this leap year’s February, compared to its 52-week low. At least one highly respected stock market analyst has vaulted the stock to the outperform category. Investors need to appreciate the pharmaceutical industry developmental process, to value this stock correctly. It is a case in which financial expertise is not enough by itself. The company has been formed around a novel technology. This consists of…

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TuesdayMar 04, 2008 5:05 am

Westell Tech (WSTL) Approves Repurchase of $10 Million of Its Common Stock

Westell Technologies, Inc., (www.westell.com), a collaborative application service provider located in Aurora, Illinois, announced March 3rd that its board of directors have approved the repurchase of up to a formed collection of $10 million of its Common Stock. Westell Tech. is a holding company for Westell, Inc and ConferencePlus, Inc. ConferencePlus Inc. is an application service provider that manages and hosts video, IP applications, voice and other back office solutions and services. Westell Chief Executive Officer, Thomas Mader commented, “Today’s announcement highlights our confidence in our ability to successfully execute our strategic plans. We believe this share repurchase plan is…

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TuesdayMar 04, 2008 5:03 am

Intrepid Tech. (IESV) Appoints Mr. Jack Haffy a Position on Its Board of Directors

Intrepid Technology and Resources, Inc., an application innovator in Alternative Energy Technology and production, announced that its Board selected Mr. Jack Haffy, an over 30 year veteran of progressive leadership, to fill a position on Intrpid’s Board of Directors, replacing Seven Whitesides who is resigning to focus on his expanding dairy operations. Mr. Haffy said, “Intrepid is committed to a noble purpose, that of making a significant contribution to the environmental well-being of the plant. It has state of the art and even cutting edge technology for processing dairy farm manure to clean, high quality methane and soil-enriching fiber. Having…

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TuesdayMar 04, 2008 4:59 am

Bottomline Technologies (EPAY) Enters Agreement to Acquire Optio Software

March 3rd, Bottomline Tech. (www.bottomline.com), a collaborative payment, invoice and document automation solutions provider to corporations, financial institutions and banks around the world, announced it has agreed to acquire Optio Software, headquartered in Alpharetta, GA. The Company is a provider of technology solutions that improve the efficiency of document-intensive processes. Bottonline’s possession of Optio is expected to stretch out Bottomline’s leadership position. The suggested transaction, that has been granted approval by the Board of Directors of both companies, is conditional upon Optio Software shareholder approval and other closing conditions. Looking forward, the agreement is expected to close during Bottomline’s fiscal…

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TuesdayMar 04, 2008 4:56 am

Victory Energy Corp. (VYEY) Announces New Drilling Rig Delivery to Crockett County, Texas

Victory Energy Corporation, a publicly traded, developmental stage petroleum company, announced that the new drilling rig has been successfully transported to the Company’s drilling contractor for productive activity in the corporation’s Canyon Sandstone Gas field located in Crockett County, Texas. The rig will be completely tested and assembled with the essential auxiliary equipment by March 11th, 2008 and the rig will be ready for the next well drill that the Company has targeted. Victory’s goal is to evaluate profitable options, acquire producing wells, and develop solid foundation through leadership and sound business acumen, as well as other potentially profitable prospects…

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TuesdayMar 04, 2008 4:53 am

Avanex Corporation (AVNX) Announces General Availability of PowerRouter™ 1X4 Wavelenght Selective Switch and Telcordia Qualification

Avanex, who intends to be the leading provider of optical solutions in the telecommunications industry, announced the Telcordia Qualification and general availability of its PowerRouter™ 1x4 Wavelenght Selective Switch, which enables the remote high-speed switching of any wavelength or any combination of wavelengths on a 100 GHz grid from any one of the input ports. The WSS device is bi-directional so the input and output ports can change places with another to operate in a 4x1 mode. The switching process is non-traffic affecting and the device enables per-channel optical power balancing. Avanex Senior Vice President and Chief Technical Office, Giovanni…

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