EFLN is following a firm upward trendline and appears ready to try making a new high. Support and resistance levels are defined and the indicators are aligned nicely. The chart will be on radar for an increase in volume and a potential break of upcoming resistances. To view the video chart, visit the following link: http://www.qualitystocks.net/videocharts.php Let us hear your thoughts below:
Located in Burbank, California, Imaging3 has quickly made a name for itself as a leading provider of medical imaging devices. Imaging3 is unique in that the company produces 3D medical images of virtually any part of the human body is real-time. Today, the young corporation announced a management stock buyback plan. Effective immediately, the Board of Directors of Imaging3 has approved the repurchase of up to 5% of the outstanding Common Stock. The stock will be purchased by various members of the company’s own management team. The stocks will be purchased from time to time at prevailing market prices through…
Ophthalmic Imaging Systems announced yesterday that they would restate their financial results as of and for the fiscal year ended December 31, 2009 included in their Annual Report on Form 10-K, and their interim financial results as filed on Form 10-Q for periods ending March 31, June 30, and September 30, 2010 and 2009. The restatements are a result of reclassifying certain warrants issued by the Company in 2007, 2009, and 2010 and embedded conversion option issued in connection with a convertible note issued by the Company in 2007, as liabilities. These warrants and embedded conversion option had undergone classification…
Yesterday, Cereplast, Inc. announced that it had signed a distribution agreement with DMT Plasticolor. Under the agreement, Cereplast will supply their bioplastic resin materials Cereplast Compostables Resins and Cereplast Sustainables Resins to the Croatian market. The contract is a sign of demand for bioplastic materials in Europe, as is the fourth such contract that Cereplast has signed in 2011. Cereplast, designs and manufactures bio-based plastics intended to replace petroleum-based plastics, increasing their sustainability. The materials can be used in the same manufacturing processes that traditional plastics can, such as injection molding and extrusion, while also remaining competitively priced. These types…
Dynasil Corp., a provider of technology, products, services and solutions for the medical industrial and homeland security/defense markets, announced that its research division Radiation Monitoring Devices Inc. (RMD) was granted additional U.S. patent claims surrounding advances in the company’s radiation detection technology. The advances in RMD’s detector material is capable of responding independently to both neutron and gamma radiation, which the company says is of “critical national importance” since the most commonly available technology is based on gaseous Helium-3, which has serious availability limitations. Dynasil recognizes the need for the advanced technology, moving quickly to ready the products for government…
Axion International, a "green" company specializing in manufacturing heavy and light infrastructure components made from recycled plastics, announced the acquisition of a new distribution license for a patented flame retardant developed by Rutgers University of New Brunswick, NJ. The new fire retardant enables easier application to materials, especially plastics. The patent (USPTO 7,851,536), which was issued last December to inventors Nosker, Nosker, Lynch, and Mazar, cites as one of its main features the heat-absorbing nature of the invention, acting to reduce a plastic's flammability. Much of the heat is absorbed through what's known as an endothermic chemical reaction; a further…
Today, leading offshore service solutions provider, Global Industries, Ltd. announced that LLOG Deepwater Development Company, L.L.C. awarded the company a project to undertake the installation of a deepwater subsea development in the Gulf of Mexico. Scheduled to begin in May, the project will take place in Blocks MC 503/547. As per the project guidelines, Global Industries will install 19 miles of 10-inch export oil pipeline, 17 miles of 14-inch gas pipeline, 10 miles of 6-inch insulated rigid flowlines, 6 flexible risers, nine jumpers and jumper tie-ins, three subsea manifolds, 6 PLETs, and other additional equipment. Global will use four vessels…
Novatel Wireless, www.novatelwireless.com – the widely recognized leader in intelligent 2G-4G driven wireless solutions for a variety of global markets, reported a big win for the Company’s revolutionary MiFi® 4082 Intelligent Mobile Hotspot today in the Technology Innovation/Hardware category at the 2011 MobileTrax Mobility Awards. One-touch connectivity for up to any five Wi-Fi enabled devices pumping through a massive 4G WiMAX pipeline, no cables and no software installation, the MiFi 3G/4G Intelligent Mobile Hotspot is also incredibly portable, being roughly the size of a credit card. Preloaded with the intuitive, lightweight and yet extremely powerful MiFi OS™, comprehensive widgets and…
3DIcon Corp., developer of 3D projection and display technologies, today announced it has signed a Facilities Use Agreement with Oklahoma State University-Tulsa's (OSU-Tulsa) Helmerich Research Center in which 3DIcon will utilize the world-class technology facilities to create the next generation image space for CSpace®, 3DIcon's patented 3D volumetric technology. 3DIcon said it will use the facility’s cutting-edge equipment to create an image space with enhanced brightness and resolution, which will be significantly larger than the current prototype, yet transportable enough for use at trade shows and in meetings with potential commercial partners. "OSU's Helmerich Research Center provides the state-of-the-art tools…
Grid Petroleum Corp. engages in the acquisition, exploration and development of oil and gas properties in North America. The company was formally known as Sunberta Resources Inc., and changed its name to Grid Petroleum in November 2009. The company today provided further details on its most recent acquisition – the purchase of San Joaquin Basin Resources Inc. Effective January 20, 2011, Grid Petroleum acquired the company and its mineral leasehold rights to approximately 4,000 acres of oil and gas property in the prolific central California San Joaquin Basin. This area is a world class oil and gas region and home…
