ThursdayJul 05, 2012 12:51 pm

June 2012 Sales Up 5 Percent for Tandy Leather Factory, Inc. (TLF)

Tandy Leather Factory is a specialty retailer and wholesale distributor of a broad product line, including leather, leather-working tools, buckles and adornments for belts, leather dyes and finishes, saddle and tack hardware, and do-it-yourself kits. The company sells and distributes its product line through its 29 Leather Factory stores, 77 Tandy Leather stores, and three combination retail/wholesale stores in the United Kingdom, Australia, and Spain. The company reported today that its sales for the month of June were $5.5 million, up 5 percent compared to June 2011 sales of $5.3 million. Year-to-date sales for Tandy are also solidly higher, rising…

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ThursdayJul 05, 2012 8:59 am

XsunX, Inc. (XSNX) Moves Toward First Customer Demonstrations of CIGSolar

XsunX, developer of the patent-pending solar cell manufacturing process CIGSolar, announced its technology development and marketing operations are being expanded to a new facility in Irvine, Calif. The company received equity financing through Ironridge Global IV, Ltd., an institutional investor that finances small cap public companies in the energy market. XsunX has been working toward the assembly completion of its CIGSolar TFPV cell manufacturing system, as well as establishing a marketing facility to create a hands-on demonstration environment for customers. Offered in exchange for unregistered shares of common stock, the Ironridge investment helped enable XsunX to settle around $500,000 in…

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TuesdayJul 03, 2012 3:12 pm

Great Wall Builders Ltd. (GWBU) Receives Confirmation of EURO 40Mln Bank Guarantee from BNL Gruppo BNP Paribas

Great Wall Builders, operating as "Start Technologies Europe s.r.o.", today announced it received confirmation of a EURO 40 million bank guarantee from Banca Nazionale del Lavoro SPA - Gruppo BNP Paribas (BNL) as part of the company’s international distribution Coopsette Soc Coop contract, which Start signed last month for its Start Fuel Efficiency and Emission Device (FEED) units. The contract calls for a minimum purchase of EURO 120 million of the company’s Start FEED units in the first three years, with units delivered quarterly. Start Technologies Europe, a wholly owned subsidiary of GWBU, will manufacture the units. "The BNL Bank…

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TuesdayJul 03, 2012 1:54 pm

Radius Gold, Inc. (RDU.V) Tlacolula Property in Mexico Returns High-Grade Gold/Silver Results, Exploration of Two Main Identified Veins Planned

Radius Gold, which has already established a strong precious metal acreage footprint in Guatemala, Nicaragua, Peru, and Mexico, reported today on completion of work at the company’s 100%-owned Tlacolula Property in a resource-rich district of Oaxaca, Mexico, by Fortuna Silver Mines Incorporated (which has the option to acquire up to a 60% interest via staged annual payments of $250k in cash and stock, the outlay of at least $2M in CAPEX at the site, and some 4,921 feet of drilling within three years). [The kind of high-grade silver, as well as gold-bearing low sulphidation epithermal vein mineralization that characterizes the…

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TuesdayJul 03, 2012 12:12 pm

Labor Smart, Inc. (LTNC) Revenues Continue to Jump

Facing an economic environment still in a slump, Labor Smart, an emerging provider of on-demand temporary labor, primarily for the SMB (small and medium sized business) market, has done remarkably well. The Georgia based company has just announced that revenue for the first half of the company’s fiscal year, January 1 through June 15, has exceeded $2.5 million. Labor Smart was incorporated on May 31, 2011, and only began trading on the OTCBB two months ago. The company’s CEO, Ryan Schadel, commented on the company’s surprising growth: "This is a major milestone for our young, fast growing company. We booked…

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TuesdayJul 03, 2012 11:53 am

China Real Estate Market On the Mend

The Wall Street Journal is reporting that China's battered real estate market may be on the mend. If this market does turn around, it will reduce the chances that the country's already slowing economy does not completely stall out in the second half of this year. According to a survey of property developers and real estate firms, the average price of housing in 100 major Chinese cities rose in June from May. This comes after nine straight months of decline. The survey followed other signs that China's real estate market may have bottomed, including a pick-up in real estate investment…

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MondayJul 02, 2012 4:01 pm

Cytomedix, Inc. (CMXI) and Possible Partner Extend Exclusivity and Enter Distribution Negotiations

Cytomedix, a regenerative therapies company focused on commercializing and developing innovative platelet and adult stem cell technologies for wound and tissue repair, today said it has extended the exclusivity period regarding an agreement with a Top 20 global pharmaceutical company to negotiate distribution of the AutoloGel System in the United States. The parties have agreed to extend the exclusivity period until August 30, 2012, and are now in discussions to negotiate the details of a distribution agreement. The companies expect to commence sales when the agreement is finalized, on or before the exclusivity date. The distribution agreement is expected to…

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MondayJul 02, 2012 12:41 pm

Tegal Corp. (TGAL) Appoints James Karis as Co-CEO of the Company

Tegal has been in business for 40 years, with a current focus on emerging technologies in the healthcare sector. The company's process and equipment know-how has been incorporated into devices fabricated by some of the world's leading semiconductor and microelectromechanical systems (MEMS) companies, including its one-time parent firm, Motorola. The company announced today that it expects to appoint James Karis as Co-CEO of Tegal and also a director of the firm. The appointment will effective upon completion of the deal to acquire CollabRx Inc., where Mr. Karis serves as CEO and director. CollabRx is a privately-held technology company in the…

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MondayJul 02, 2012 12:39 pm

Comstock Mining Inc. (LODE) Finishes Heap Leach Facility and Pond, Preps Lucerne West Mine for Production

Comstock Mining has amassed a considerable footprint of contiguous gold and silver acreage in Nevada's legendary Comstock District and was pleased to report today that completion of the sizeable Heap Leach facility (now five cells with all the setup done for another two cells) will amply support accrued ore production from the Lucerne West Mine. In addition, considerable progress has been made to Lucerne, including site prep, ramp, and road construction. The three old cells of the heap leach have been leveled and reworked for stacking of material (up to the permit height of 105 feet) by the company's new…

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MondayJul 02, 2012 8:23 am

Vidable, Inc. (VIBE) Spammed Aggressively over Weekend

We have observed an influx of emails spamming Vidable from various free email accounts over the weekend. Investors should be wary of these emails, as they are completely anonymous and violate the CAN-SPAM Act established by the FTC. As of this time, the company has not provided a public comment on the issue. Stocks to avoid, due diligence, monitoring investments, key terms in investing and other related topics are covered by us in our Market Basics section. Here we give answers to basic questions regarding stock investments for both new and experienced investors. To view our Market Basics page, visit…

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