FridayDec 18, 2009 11:33 am

New Export Division to Launch at General Automotive Company (GNAU.OB)

One company that has started to climb up the ladder is General Automotive Company. Based in Orlando, Florida, General Automotive is focused on expanding its operating growth platform through multiple and ongoing acquisitions of successful niche manufacturing companies within the automotive industry. Today, General Automotive Company took a major step towards enhancing their future with the announcement that they have launched an export sales division for the purpose of expanding its distribution abroad. From a historical standpoint, General Automotive Company has maintained its sales and distribution efforts within the borders of the United States but with this announcement, the young…

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FridayDec 18, 2009 11:30 am

Norsat International (NSATF.OB) Invests $1.2 Million in Africa

Norsat International Inc., provider of satellite based solutions for high speed data transmission, has announced that it is investing $1,200,000 in Tonse Solutions, a wireless broadband operator in Malawi, Africa. $500,000 of the investment will represent a 19.99% equity stake in Tonse, and the remaining $700,000 will be in the form of a 3-year convertible bond carrying an interest rate of 10%. In conjunction with this investment, Norsat has received a purchase order from Tonse for $1,000,000 worth of wireless equipment and software to build a wireless broadband system in Lilongwe, the capital of Malawi. Tonse, based in Lilongwe, is…

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FridayDec 18, 2009 9:20 am

National Health Partners, Inc. (NHPR.OB) Announces Launch of Two New Sales Campaigns Expected to Generate over 5,500 New Members per Month

National Health Partners, Inc., an organization that provides discount healthcare membership programs to uninsured and underinsured people through a national healthcare savings network called CARExpress, recently announced that the company is set to launch two new sales campaigns that are expected to generate over 5,500 new members per month. Both programs are expected to commence prior to the end of the year. With more than 1 million medical professionals, CARExpress is one of the largest networks of hospitals, doctors, dentists, pharmacists and other healthcare providers in the country. The company’s target market includes 47 million Americans without health insurance and…

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FridayDec 18, 2009 9:13 am

Arrayit Corp. (ARYC.OB) Subsidiary Releases Timeline for OvaDx™ Product

Yesterday, Arrayit Diagnostics, a majority-owned subsidiary of Arrayit Corporation released its anticipated timeline for commercialization of its microarray-based OvaDx(TM) Pre-Symptomatic Ovarian Cancer Blood Test. CEO John Howell formally commented on the time line and the blood test, which is currently in late-stage development. The rights to OvaDx™ have been assigned exclusively to the company by Arrayit Corporation. Howell stated, "In response to numerous inquiries received from the medical, research and investor communities following last week's exciting news announcements, we are pleased to confirm that Arrayit Diagnostics will file for Pre-Market Approval of our early stage ovarian cancer test as an…

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FridayDec 18, 2009 9:07 am

Luby’s, Inc. (LUB) Reports First Fiscal Quarter Of 2010

Luby's, Inc. reported a net loss of $3.7 million, or $0.13 per share, in its first fiscal quarter of 2010. Same store sales fell by 13.5% after adjusting for a hurricane that affected comparability. The quarter ended November 18, 2009. Chris Pappas, the CEO of Luby’s, said, “During the first quarter, we launched our previously announced Cash Flow Improvement and Capital Redeployment Plan, strengthening our core store base and positioning ourselves to better weather this challenging economic environment.” Luby's concentrated on expense control during the first fiscal quarter in order to deal with the drop in sales. The company cut…

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ThursdayDec 17, 2009 1:44 pm

EGPI Firecreek, Inc. (EFIR.OB) in Final Stages for Acquisition of SouthWest Signal Corp.

The management of EGPI Firecreek Inc. earlier this year made a decision to transform the company entirely. The company was once an oil and gas company, but it is now embarking on an acquisition strategy centered on the vertical integration of enterprises serving the transportation construction and intelligent traffic systems market. EGPI Firecreek announced today that it is in the final stages of its due diligence phase for the acquisition of SouthWest Signal Corporation, which should be completed within a few weeks. SouthWest Signal has been in business since 2000 and is engaged in all facets of the DOT (Dept.…

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ThursdayDec 17, 2009 12:24 pm

Leading Indicators May Be a Sign that Economy will Grow in 2010

A private research group known as The Conference Board was quoted as saying there could be an economic rebound that will grow into 2010. Thomas Reuters has expected a 0.7 percent increase but the Conference Board said its index of leading economic indicators rose 0.9 percent last month, a number that soared past the 0.3 percent in October and clearly surpassed the Thomas Reuters expectation. Improvements in financial conditions, building permits for homes and the labor market boosted the index last month according to Conference Board economist Ataman Ozyildrim. The Conference Board said six of the 10 indicators it uses…

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ThursdayDec 17, 2009 12:18 pm

Medizone International (MZEI.OB) Outlines Plans For AsepticSureTM

Medizone International, Inc., a research and development company specializing in technologies to decontaminate and sterilize rooms for hospitals, schools, and other critical infrastructure, today outlined plans for its AsepticSureTM ozone based sterilization system. Medizone chairman and CEO, Edwin Marshall, spoke extensively about the technology’s promise, based upon test results, and how the company plans to move forward with its development: “Our laboratory expansion at Medizone's dedicated research facility located in Innovation Park at Queen's University in Kingston, Ontario, Canada has now been completed. Full scale-up testing is scheduled to commence there in January, following the holidays. Our laboratory results continue…

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ThursdayDec 17, 2009 11:50 am

CVD Equipment Corp. (CVV) Maintains Solid Profit Margins in Difficult Times

There are certain parts of manufacturing that are often overlooked; the individual steps of making a component go without thought. This idea does not need to be a real thought for a consumer, but one that can lead to profit if one simply knows that it is happening. CVD Equipment Corp., a manufacturer of gas dispersion equipment, works to manufacture, sell and market equipment designed to accurately distribute gases for electrical components. The company's prime market customer is the semiconductor sector, although it does offer its equipment for glass, solar cells and other products that require fine controlled coatings for…

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ThursdayDec 17, 2009 11:41 am

Revolutions Medical Corp. (RMCP.OB) Offers Proprietary MRI Technology as Solution to Recently Revealed Cancer Risks Associated with CT Scans

Revolutions Medical Corporation, well known for their innovative medical technologies like the RevVac safety syringe, RevDisplay, RevColor, and the industry-standard setting Rev3D MRI technology, addressed recent mass media reports implicating CT scans as a major cause of cancer today, Thursday, December 17. This devastating news is nothing short of revolutionary for MRI developers like RevMed, whose technology is free from the risks associated with CT scans. According to two new studies published Monday by the Archives of Internal Medicine, computerized tomography or CT, which uses radiation to map tissues systems in a non-invasive fashion, puts patients at substantial risk for…

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