FridayMay 06, 2011 10:24 pm

Zynex Inc. (ZYXI) Posts Q1 36% Earnings Increase, Reaffirms Q2 Guidance

Zynex Inc., a provider of non-invasive medical devices for electrotherapy and stroke rehabilitation, neurological diagnosis and cardiac monitoring, yesterday posted a 36% increase in first quarter 2011 earnings. Net revenue of $6.63 million is an increase of 36 percent compared to $4.87 million for the quarter ended March 31, 2010. The company attributes the increase to its aggressive expansion efforts, including the addition of 18 new domestic sales representatives. Gross profit was $5.18 million compared to gross profit of $3.78 million reported for the first quarter of the year prior. The company reported a first quarter net loss of $110,000…

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FridayMay 06, 2011 10:24 pm

MissionIR Breaks 10,000 Milestone on Facebook; Nears 50,000 Followers on Twitter

MissionIR is excited to announce that in just three months of establishing a presence on Facebook, it has gained over 10,000 Facebook friends. Through its social media accounts, MissionIR provides the latest market news as well as links to in-depth articles on promising companies trading on the AMEX and NASDAQ Exchanges. A spokesperson for MissionIR, stated, “Since the beginning our main goal has been to connect the investment community with companies that have great potential and a strong dedication to building shareholder value. Obviously the demand for an IR service that puts investors first is very strong and we continue…

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FridayMay 06, 2011 1:51 pm

Cytori Therapeutics Inc. (CYTX) Appoints New Executive Vice President of Marketing and Sales

Cytori Therapeutics, Inc., a developer, manufacturer, and retailer of medical technologies to allow practice of regenerative medicine, has announced the appointment of Clyde W. Shores as the new Executive Vice President of Marketing and Sales. Clyde W. Shores will be leading the Company’s various marketing initiatives for all of its product lines worldwide. More specifically, Mr. Shores will lead Cytori’s preparations for the next generation Celution® One System for its hospital based sales. Mr. Shores will also supervise strategy and initiatives to drive the use and adoption of Cytori’s existing products, which includes the Celution® 800 and PureGraft™ Systems, along…

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FridayMay 06, 2011 1:48 pm

Solta Medical, Inc. (SLTM) Receives 501k Clearance from FDA for Clear + Brilliant Treatment

Solta Medical reported today reception of FDA 501k clearance for the Company’s Clear + Brilliant treatment, which had previously received CE mark and is based on SLTM’s fractional laser technology. The Clear + Brilliant treatment will be officially launched at the upcoming World Congress of Dermatology in Seoul, Korea. The advent of this new treatment would not have been possible without the Company’s mastery of fractional laser applications, as evident in SLTM’s Fraxel® treatment, which delivers minimally invasive clinical solutions for resurfacing aging/sun damaged skin. The Company started shipping the product to select/key international markets back in April and has…

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FridayMay 06, 2011 10:01 am

SinoTech Energy Ltd. (CTE) Raises Expectations for Fiscal Year 2011

Located in China, SinoTech has rapidly evolved as a provider of enhanced oil recovery (“EOR”) services. Today, the company announced an updated financial outlook for fiscal year 2011. SinoTech also told investors that it will release its unaudited financial results for the second quarter ended March 31, 2011, on May 19, 2011. Based on current business and operating conditions, SinoTech expects to report total sales in the range of US$100 million to US$105 million in fiscal year 2011. The numbers greatly exceed the previously announced range of US$90 million to US$95 million. Leading the way at SinoTech is Mr. Boxun…

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FridayMay 06, 2011 9:47 am

Dune Energy, Inc. (DUNR) Reports Financial and Operations Update

Dune Energy, Inc. issued financial results for the first quarter of 2011, and also updated shareholders and investors on its oil and gas operations for the quarter. Dune Energy, Inc. reported total production of 1.7 billion cubic feet of natural gas equivalents on the first quarter of 2011. This production was composed of 140,000 barrels of oil and 820 million cubic feet of natural gas. In the same quarter in 2010, Dune Energy, Inc. reported total production of 1.9 billion cubic feet of natural gas equivalents, with 151,000 barrels of oil and 990 million cubic feet of natural gas. Although…

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FridayMay 06, 2011 9:46 am

ALR Technologies, Inc. (ALRT) and Mantra Healthcare Solutions Launch ALRT Health-e-Connect System

Yesterday, ALR Technologies Inc. announced an agreement with Mantra Healthcare Solutions to produce the Health-e-Connect System. This will be effective starting June 1, 2011. The Health-e-Connect System is a web-based application designed to help medical professionals care for diabetes patients while the patients are at home. This is accomplished by improving compliance, communication and feedback. Eventually the system will be expanded to cover patients who suffer from other chronic diseases. ALR Tech is focused on creating products for the emerging field of Chronic Disease Management which is based around patients using their products in-home. ALR Tech developed the Health-e-Connect system.…

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FridayMay 06, 2011 9:36 am

Sunesis Pharmaceuticals Inc. (SNSS) Video Chart for Friday, May 6, 2011

SNSS looks to be trying to turn after having a rough start to this week. The lower indicators are staying bullish with support in the area of $2.35 and firm resistance at $2.80. Notably, the chart shows a good technical example of a pattern within a larger pattern. To view the video chart, visit the following link: http://www.qualitystocks.net/videocharts.php Let us hear your thoughts below:

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FridayMay 06, 2011 8:09 am

DUSA Pharmaceuticals (DUSA) Posts Higher Earnings, Wider Net Loss

DUSA Pharmaceuticals Inc., a dermatology company that is developing and marketing Levulan® Photodynamic Therapy (PDT) and other products focused on patients with common skin conditions, reported a 27 percent increase in first-quarter revenues. “We are off to a great start in 2011,” Robert Doman, president and CEO of the DUSA stated in the press release. “Continued growth of our core domestic PDT revenues, as well as record gross margins, drove significant year-over-year improvement in our non-GAAP profitability and cash flow.” Total product revenues for the first quarter were $11.1 million, up 27 percent from $8.7 million in the first quarter…

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FridayMay 06, 2011 8:08 am

Sonora Resources Corp. (NATC) Offers Progress Update on Mexico Exploration Program

Sonora Resources Corp., a Las Vegas-based company focused on acquisitions and exploration of international silver and gold mining properties, recently issued an update on its work on a comprehensive series of ground based IP, magnetometry, and radiometric surveys at the company’s Los Amoles property in the State of Sonora, Mexico. The company said the location has a history of previous mapping and reconnaissance-style sampling, as well as historic data that suggests the region may have epithermal silver-gold deposits of interest. “We are extremely encouraged by the progress being made within our overall exploration program at Los Amoles,” Juan Miguel Ríos…

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