FridayJan 28, 2011 12:27 pm

R.G. Barry Corp. (DFZ) Finalizes Foot Petals Purchase

R.G. Barry, www.rgbarry.com – the powerhouse developer/marketer of a wide variety of accessories footwear from slippers to active fashion, reported completion today of the Company’s purchase of Long Beach, California-based premium insole and footwear comfort solutions company, Foot Petals, LLC., which will henceforth be operated as a subsidiary. Foot Petals has been developing premium foot care and comfort solutions since its inception a decade ago and has an exceptional array of over 20 unique products, accessories and kits to address common comfort and other problems. Foot Petals is widely known as an innovator and leader in premium insoles, especially for…

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FridayJan 28, 2011 12:24 pm

Li3 Energy (LIEG.OB) Completes Brine Sampling, Confirming Previous Tests and Suggesting Promising Potential

Li3 Energy Inc., an early stage company pursuing business strategy in lithium mining and energy, today announced it has completed its initial brine sampling program at the Maricunga Project in northern Chile. Out of the 104 samples the company collected, partial results from 28 samples have been received, with values of up to 1.4 g/l lithium and 10.3 g/l potassium; average values from the samples grade 0.90 g/l lithium and 6.69 g/l potassium, which the company says are superior to many other comparable projects in Argentina. The remainder of the results are expected soon, and Tom Currin, chief operating officer…

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FridayJan 28, 2011 11:03 am

Arctic Cat, Inc. (ACAT) Posts Strong Q3, FY 2011 Results on Increased Domestic and International Sales

Arctic Cat Inc., developer, manufacturer and marketer of all-terrain vehicles (ATVs) and related gear and accessories, today posted its third quarter and year-to-date financial results. The company reported net earnings of $9.3 million, or $0.50 per diluted share, on net sales of $152.0 million for the fiscal 2011 third quarter ended December 31, 2010. Net earnings for the 2009 third quarter were reported at $2.6 million, or $0.14 per diluted share, on net sales of $131.0 million. For the nine-month period ended December 31, 2010, Arctic Cat’s net earnings were $22.6 million, or $1.22 per diluted share, on net sales…

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FridayJan 28, 2011 11:01 am

Fiscal Third Quarter Revenue of $95.6 Million Reported by Cirrus Logic Inc. (CRUS)

Cirrus Logic Inc. develops high-precision analog and digital signal processing components for a broad range of customers. Building on its diverse analog and signal-processing patent portfolio, the company delivers highly optimized products for a variety of audio and energy-related applications. The company announced yesterday its financial results for the third quarter of fiscal year 2011, which ended on December 25, 2010. Revenue for the quarter was $95.6 million, up 47 percent from the same quarter a year ago and down five percent sequentially from the previous quarter. Revenue from portable audio products exceeded the company's expectations, helping to drive the…

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FridayJan 28, 2011 10:42 am

Torvec Inc. (TOVC.OB) Signs Major Contract with Renowned Mining Equipment Component Supplier

Located in Rochester, New York, Torvec has built a reputation for their development of advanced automotive and related energy saving technologies which have been both a friend of consumers and environmentalists alike. Today, Torvec took a major step towards prominence with the announcement that they have entered into a contract with Eastern Mining & Industrial Supply Inc. Eastern Mining & Industrial Supply is a West Virginia remanufacturer focused on mining and associated industrial equipment. Eastern has agreed to develop, evaluate, manufacture and sell Torvec’s Iso Torque differential technology in mining shuttle cars. Eastern Mining will pay Torvec $120,000 for the…

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FridayJan 28, 2011 10:39 am

Microfluidics (MFLU.OB) Rebrands Nanoparticle Technology, Broadens Industry Application

Microfluidics, producer of the Microfluidizer nanoparticle creation technology for the pharmaceutical, biotechnology, cosmetic and nutraceutical industries, today announced it has rebranded its technology as the PureNano platform. The PureNano platform, featuring the PureNano Continuous Crystallizer, combines a unique machine with expert process development to create smaller and more consistent particle sizes than was previously possible. PureNano has numerous applications, especially within the pharmaceutical and energy industries. “Pharmaceutical companies are seeking solutions for continuous crystallization using high shear, and PureNano fits this trend,” Mimi Panagiotou, Ph.D., Microfluidics chief technology officer and co-creator of the technology stated in the press release. “As…

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FridayJan 28, 2011 9:37 am

Cytosorbents Corp. (CTSO.OB) Video Chart for Friday, January 28, 2011

CTSO has been on a solid climb since we did our last video chart on the stock.  However, the price per share is now pinned against resistance.  Technical traders are on alert for a volume surge and the breaking of that resistance at $0.17. 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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FridayJan 28, 2011 9:15 am

Beacon Enterprise Solutions Group, Inc. (BEAC.OB) Expands Relationship with Fortune 100 Client

Yesterday, Beacon Enterprise Solutions Group, Inc. announced that a new contract between Beacon and a Fortune 100 pharmaceutical client has been executed. Under the contract, Beacon has agreed to perform IT services as part of a prototype engagement at four of the Fortune 100 Company's locations in Europe (for an approximate value of $140,000). Beacon Enterprise designs, implements and manages IT (Information Technology) systems and offers fully integrated turnkey IT solutions. Beacon is able to service large companies on a global level by outsourcing, reducing costs while optimizing their IT services for internationally based clients. Beacon's main headquarters are in…

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FridayJan 28, 2011 9:12 am

Diamondhead Casino Corp. (DHCC.OB) Agrees to Extend LOI Entered into with Phoenix Gaming and Entertainment, LLC

Yesterday, Diamondhead Casino Corp. announced that they agreed to extend a Letter of Intent (LOI) entered into with Phoenix Gaming and Entertainment, LLC (Phoenix) for sixty days. Diamondhead Casino Corp. owns, via their wholly-owned subsidiary, Mississippi Gaming Corporation, approximately 404 acres of land in Diamondhead, Mississippi. The property is lien-free and debt-free and the zoning is for a casino as well as other commercial uses. The property fronts Interstate 10 for approximately two miles and the Bay of St. Louis for approximately two miles. Diamondhead Casino Corp. (DHCC) entered into an LOI with Phoenix on December 10, 2010. Under the…

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FridayJan 28, 2011 9:08 am

Capstone Industries Inc. (CHDO.OB) Receives Large Order for Motion-Sensor Light Products

CHDT Corp. released news today that its wholly owned subsidiary, Capstone Industries, Inc., has received an order from a major regional mass merchandiser for the company’s C-Lite wireless motion sensor light and the Midi Eco-i-Lite multi-functional power failure products. Hitting the stores in late February, the products will be prominently displayed on endcaps. Reid Goldstein, President of Capstone Industries, remarked, "The placement of two of our newest items into another one of our retail partners continues to build a solid foundation for our Company's continued revenue growth. This 1st quarter is shaping up to be our best one to date.”…

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