FridayJun 08, 2007 3:57 pm

RedChip Highlights: American Mold Guard (AMGI), as Company Recently Holds Annual Meeting

American Mold Guard, Inc. (NasdaqCM:AMGI), the industry leader in the field of antimicrobial surface treatment services, recently held its 2007 annual meeting of stockholders last Friday, June 1, 2007. American Mold Guard, Inc. (NasdaqCM:AMGI), was founded in 2002 and its services are primarily focused on the real estate construction industry in California, Texas, Louisiana, Mississippi, Florida, North Carolina and South Carolina, with active expansion throughout the United States. Its customers include many of the largest national and regional homebuilders. Let us hear your thoughts below: 

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FridayJun 08, 2007 1:16 pm

Lusora Healthcare Systems Inc. (LHCS.OB) to Acquire Texas Firm

Lusora Healthcare Systems Inc. (LHCS.OB) reported recently that subject to final agreement and due diligence, it will acquire AHS of Austin, Texas. AHS is the leading PERS (Personal Emergency Response System) company in the State of Texas.   The acquisition comprises three companies under the AHS banner -- Associated Home Services, AE Medical Alert and Z-Tech. Both Associated Home Services and AE Medical Alert are retailers of Personal Emergency Response Systems through a network of more than 40 independent distributors in the State of Texas. Their customers range from private paying customers to the State of Texas government program for…

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FridayJun 08, 2007 1:05 pm

Red Chip Features: Osteologix, Inc. (OLGX.OB), as Company Raises Five Million in Private Placement

Osteologix, Inc. (OLGX.OB) recently reported that it has closed a financing in which the company has sold common stock and warrants to purchase common stock to both new and existing investors for gross proceeds of $5,050,000. Under the terms of the purchase agreement, Osteologix issued 3,825,754 shares of common stock and 1,912,877 warrants to purchase common stock to the investors. The common stock was sold for a purchase price of $1.32 per share. The warrants have an exercise price of $1.20 per share and expire on August 31, 2008.   "This financing, which we were able to complete at a premium to the…

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FridayJun 08, 2007 1:05 pm

SOLN Teams up with Jamcracker & Boasts Strong Cash Position

Shares of Smart Online Inc. (OTCBB: SOLN) were trading up 7 cents (3 percent) to $2.27 per share on volume of 32,700. The company recently announced a deal with Jamcracker, an on-demand services company, where the OneBiz platform of private-label small business applications will be available for resale through the Jamcracker Services Delivery Network (JSDN) beginning in the third quarter of 2007. JSDN allows service providers, resellers and vendors to deliver on-demand services to businesses and consumers. This partnership will enable Jamcracker to offer SOLN’s private-labeled small business software platform, OneBiz, through its global services-delivery network to resellers, including communication…

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FridayJun 08, 2007 12:47 pm

CanAm Uranium Corp. (CAUI.OB) Reports Drilling Progress at Bancroft Project with Analysis Due within Two Weeks

CanAm Uranium Corp. (CAUI.OB) reports the completion of nine drill holes on the Amalgamated Rare Earth #2 project in Bancroft Ontario by Operator El Nino Ventures Inc. between May 1 and May 28th, with a total of 1,989 m (6,525 ft.) drilled. El Nino is going to expedite results by putting semi-rush status on core samples from the later holes. When the results come in over the next two weeks, a summary of findings will be delivered to CanAm Uranium Corp. and published online. CanAm Uranium Corp. is actively working on compiling the data within the optioned Bancroft Ontario projects drilled,…

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FridayJun 08, 2007 12:02 pm

NewMarket China (NMCH.OB) Forecasts $40M in Revenues for 2007

Shares of NewMarket China Inc. (OTCBB: NMCH) were trading flat today at 19 cents per share on volume of just over 85,000. The company announced today that it was rated by Beacon Equity Research as a "Speculative Buy" with a target price per share of $1.10.In the fourth quarter of 2006, NewMarket Technology Inc. (OTCBB: NMKT) reorganized its previously existing Chinese business operation into the publicly listed NewMarket China. Recently, the company filed its first annual report following the reorganization, reporting $29.5 million in revenue with a profit for fiscal year 2006. NewMarket China has also set 2007 revenue goals…

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FridayJun 08, 2007 12:02 pm

CytoDyn (CYDY.PK) Updates DNA Flu Vaccine

Biomedical corporation CytoDyn Inc. (Pink Sheets: CYDY) recently announced that the laboratory of Dr. Shan Lu at the University of Massachusetts Medical School (UMMS) had provided CytoDyn with updated DNA-based H1 and H3 serotype influenza vaccines for the 2007-2008 flu season, giving the company a much-needed edge in the bio-pharmaceutical industry.According to a recent release, the DNA-based flu vaccines were updated in less than a month and a half - a much shorter amount of time than it would take to update the vaccine using a wild or natural virus - and plans on using both the H1 and H3…

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FridayJun 08, 2007 12:02 pm

Smart Online Inc (SOLN.OB) Teams up with Jamcracker & Boasts Strong Cash Position

Shares of Smart Online Inc. (OTCBB: SOLN) were trading up 7 cents (3 percent) to $2.27 per share on volume of 32,700 Friday afternoon. The company recently announced a deal with Jamcracker, an on-demand services company, where the OneBiz platform of private-label small business applications will be available for resale through the Jamcracker Services Delivery Network (JSDN) beginning in the third quarter of 2007.JSDN allows service providers, resellers and vendors to deliver on-demand services to businesses and consumers. This partnership will enable Jamcracker to offer SOLN's private-labeled small business software platform, OneBiz, through its global services-delivery network to resellers, including…

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FridayJun 08, 2007 12:02 pm

SWAT Systems (SWAT) Perfects CommandGrid System

The Security With Advanced Technology Systems Company (Nasdaq: SWAT) recently told Market News First that the testing of its updated remote-user Internet-based security system - otherwise known as "CommandGrid" - was going well."It's basically a security solution that we're designing mainly for small businesses ... that's Internet-based," SWAT Systems spokesperson Heather Black said. "So anyone with computer access can access the security." According to Black, the CommandGrid system is an Internet-based client that functions much like any secure Web site - you enter your account's user name and password, and then access your system. What's different is that the system…

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FridayJun 08, 2007 12:02 pm

Alternate Energy Holdings (AEHI.PK) Pursues Nuclear Energy and Lightening Energy

Formed by a group of retired energy industry executives, Alternate Energy Holdings (Pink Sheets: AEHI) was founded to assist the country in becoming less energy interdependent. One of the company's biggest projects, building a nuclear power plant in Idaho, is underway. Alternate Energy expects the Idaho Energy Complex to have the capability to generate ethanol for less than $1.00 per gallon. Ethanol's current going rate is about $2.00 per gallon.The Energy Complex is a proposed commercial nuclear power plan/bio-fuel generation facility anticipated to generate enough power to accommodate Idaho's growing demand for electricity while eliminating fossil fuels as a power…

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