Wednesday's NASDAQ Winners: AMLN, VRML, GLUU, ZOLT
New York, NY - March 29, 2012 - www.InvestorIdeas.com, a global investor research portal for independent investors, reports on top percentage gainers on the NASDAQ for Wednesday March 28th. The Nasdaq Composite ended lower by 15.39 (-0.49%) to close at 3,104.96.
Amylin Pharmaceuticals, Inc. (NASDAQ:AMLN) was the biggest gainer spiking $8.38 (54.45%) to close at $23.77 after hitting a 52-week high of $24.09. On Wednesday, Bloomberg reported that the company has rejected an unsolicited takeover offer from Bristol-Myers Squibb Co., offered the company $3.5 billion or $22 a share. The report further stated that the company is actively working on finding marketing partner for its products outside the U.S.
Vermillion, Inc. (NASDAQ:VRML) gained 0.39 (22.03%) to end at $2.16. It moved on news that the United States Patent and Trademark Office allowed the company a patent for "Methods for Diagnosing Ovarian Cancer." This patent further expands the list of biomarkers Vermillion has employed in the diagnosis or status determination of ovarian cancer.
Glu Mobile Inc. (NASDAQ:GLUU) extended its uptrend and rose another 11.63% close at $4.99 after gaining about 15% in the prior three trading sessions. The stock has been moving higher on speculation that the company could be a possible acquisition target. As per analysts at Roth Capital Partners LLC, Zynga, Electronic Arts Inc. or DeNA Co. could be the key candidates and may offer the company as much as $6 a share.
Zoltek Companies, Inc. (NASDAQ:ZOLT) shares climbed 9.91% to $11.20 after an analyst at Needham & Company raised their investment rating on the stock from an "underperform" rating to a "hold".
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Thursday, March 29, 2012
Nanotechnology Stocks; mPhase Technologies, Inc. (OTC.BB:XDSL) Completes Visit by Invitation of French Technology Group
LITTLE FALLS, NJ - March 29, 2012 (Investorideas.com Newswire) - mPhase Technologies, Inc. (OTC.BB: XDSL.OB) reported today that it had completed its visit, by invitation, from certain agencies of the French government, of the Grenoble Technology Cluster known as Minalogic (http://www.minalogic.org). The cluster consists of government, corporate and educational members that are engaged in high technology research in the leading scientific disciplines such as micro and nano technologies and embedded systems on chips.
A Global competitive cluster Minalogic fosters research-led innovation in intelligent miniaturized products and solutions for industry. Located in Grenoble, France, the cluster channels in a single physical locationa range of highly-specialized skills and resources from knowledge creation to the development and production of intelligent miniaturized services for industry.
Minalogic has staked out a position as global leader in intelligent miniaturized solutions -- a unique hybrid of micro- and nano-technologies and embedded software -- from fundamental research to technology transfer.
The technologies developed at the cluster are applicable to all business sectors, including more traditional industries. The role of Minalogic is to respond to the business community's need to identify new value-added services that can be integrated into existing products in fields that include health care, the environment, mobility, the media, and the textile industry.
Minalogic brings together major corporations, small and mid-sized businesses, government agencies, and organizations from the public and private sectors. The cluster's focus on innovation and its participatory governance model are designed with one objective in mind: to ensure efficient, results-oriented cooperation among cluster partners.
The invitation was extended, after the relevant agencies reviewed mPhase's patent portfolio and the recent valuation and product applications that could result from potential licenses of various patents contained in the portfolio.
mPhase is exploring funding of additional research, development and product commercialization in the areas of reserve batteries using principals of electrowetting and microfluidics.
The first day of the visit acquainted mPhase with the considerable laboratory resources that could be made available in France to continue development and commercialization of its intellectual property for energy storage applications as well as broaden its smart surfaces applications.
The second day of the visit introduced mPhase to:
(1) ST Micro Electronics (http://www.st.com) - A world leader in providing the semiconductor solutions that help customers improve quality of life for everyone, both today and in the future.
(2) Schneider Electric (http://www.schneider-electric.com) - A global, innovative and responsible energy management company.
(3) Polyrise (http://www.polyrise.com) - Located in France, Polyrise is a private company specialized in the development, industrialization and selling of Sol Gel varnishes.
All are members of the Cluster to explore potential mutual benefits in establishing partnerships with mPhase for product development.
The focus and interest is based upon the ability of mPhase's Smart Surface technology to electronically control the precise flow of a fluid on a nano-structured surface.
mPhase will be following up with conference calls and another visit to Grenoble in order to identify additional members of the cluster for which mPhase's intellectual property could be compelling as a component in a company's final end product.
About mPhase Technologies, Inc.
mPhase Technologies is introducing a revolutionary Smart Surface technology enabled by breakthroughs in nanotechnology, MEMS processing and microfluidics. Our Smart Surface technology has potential applications within drug delivery systems, lab-on-a-chip analytic systems, self-cleaning systems, liquid and chemical sensor systems, and filtration systems. mPhase has pioneered its first Smart Surface enabled product, the mPhase Smart NanoBattery. In addition to the Smart Surface technology, mPhase recently introduced its first product, the mPower Emergency Illuminator, an award-winning product designed by Porsche Design Studio and sold via the mPower website: http://www.mpowertech.com. More information about the company can be found at http://www.mPhaseTech.com.
Forward-Looking Statements
As a cautionary note to investors, certain matters discussed in this press release may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such matters involve risks and uncertainties that may cause actual results to differ materially, including the following: changes in economic conditions; general competitive factors; acceptance of the Company's products in the market; the Company's success in technology and product development; the Company's ability to execute its business model and strategic plans; and all the risks and related information described from time to time in the Company's SEC filings, including the financial statements and related information contained in the Company's SEC Filing. mPhase assumes no obligation to update the information in this release.
Contact:
973-256-3737
mPhase Technologies, Inc.
Visit the XDSL showcase profile at Investorideas.com
Request News and Info on XDSL
Disclosure, Disclaimer/ XDSL is a paid advertising client on Investorideas.com and our technology portals.
LITTLE FALLS, NJ - March 29, 2012 (Investorideas.com Newswire) - mPhase Technologies, Inc. (OTC.BB: XDSL.OB) reported today that it had completed its visit, by invitation, from certain agencies of the French government, of the Grenoble Technology Cluster known as Minalogic (http://www.minalogic.org). The cluster consists of government, corporate and educational members that are engaged in high technology research in the leading scientific disciplines such as micro and nano technologies and embedded systems on chips.
A Global competitive cluster Minalogic fosters research-led innovation in intelligent miniaturized products and solutions for industry. Located in Grenoble, France, the cluster channels in a single physical locationa range of highly-specialized skills and resources from knowledge creation to the development and production of intelligent miniaturized services for industry.
Minalogic has staked out a position as global leader in intelligent miniaturized solutions -- a unique hybrid of micro- and nano-technologies and embedded software -- from fundamental research to technology transfer.
The technologies developed at the cluster are applicable to all business sectors, including more traditional industries. The role of Minalogic is to respond to the business community's need to identify new value-added services that can be integrated into existing products in fields that include health care, the environment, mobility, the media, and the textile industry.
Minalogic brings together major corporations, small and mid-sized businesses, government agencies, and organizations from the public and private sectors. The cluster's focus on innovation and its participatory governance model are designed with one objective in mind: to ensure efficient, results-oriented cooperation among cluster partners.
The invitation was extended, after the relevant agencies reviewed mPhase's patent portfolio and the recent valuation and product applications that could result from potential licenses of various patents contained in the portfolio.
mPhase is exploring funding of additional research, development and product commercialization in the areas of reserve batteries using principals of electrowetting and microfluidics.
The first day of the visit acquainted mPhase with the considerable laboratory resources that could be made available in France to continue development and commercialization of its intellectual property for energy storage applications as well as broaden its smart surfaces applications.
The second day of the visit introduced mPhase to:
(1) ST Micro Electronics (http://www.st.com) - A world leader in providing the semiconductor solutions that help customers improve quality of life for everyone, both today and in the future.
(2) Schneider Electric (http://www.schneider-electric.com) - A global, innovative and responsible energy management company.
(3) Polyrise (http://www.polyrise.com) - Located in France, Polyrise is a private company specialized in the development, industrialization and selling of Sol Gel varnishes.
All are members of the Cluster to explore potential mutual benefits in establishing partnerships with mPhase for product development.
The focus and interest is based upon the ability of mPhase's Smart Surface technology to electronically control the precise flow of a fluid on a nano-structured surface.
mPhase will be following up with conference calls and another visit to Grenoble in order to identify additional members of the cluster for which mPhase's intellectual property could be compelling as a component in a company's final end product.
About mPhase Technologies, Inc.
mPhase Technologies is introducing a revolutionary Smart Surface technology enabled by breakthroughs in nanotechnology, MEMS processing and microfluidics. Our Smart Surface technology has potential applications within drug delivery systems, lab-on-a-chip analytic systems, self-cleaning systems, liquid and chemical sensor systems, and filtration systems. mPhase has pioneered its first Smart Surface enabled product, the mPhase Smart NanoBattery. In addition to the Smart Surface technology, mPhase recently introduced its first product, the mPower Emergency Illuminator, an award-winning product designed by Porsche Design Studio and sold via the mPower website: http://www.mpowertech.com. More information about the company can be found at http://www.mPhaseTech.com.
Forward-Looking Statements
As a cautionary note to investors, certain matters discussed in this press release may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such matters involve risks and uncertainties that may cause actual results to differ materially, including the following: changes in economic conditions; general competitive factors; acceptance of the Company's products in the market; the Company's success in technology and product development; the Company's ability to execute its business model and strategic plans; and all the risks and related information described from time to time in the Company's SEC filings, including the financial statements and related information contained in the Company's SEC Filing. mPhase assumes no obligation to update the information in this release.
Contact:
973-256-3737
mPhase Technologies, Inc.
Visit the XDSL showcase profile at Investorideas.com
Request News and Info on XDSL
Disclosure, Disclaimer/ XDSL is a paid advertising client on Investorideas.com and our technology portals.
China Stocks News; Ziyang Ceramics (OTC.BB: ZYCI) Reports Financial Results for the Year Ended December 31, 2011
ZHUCHENG, CHINA - March 29, 2012 - Ziyang Ceramics Corporation (OTC.BB: ZYCI) a leading manufacturer of high quality interior porcelain tiles in China, announced today its financial results for the year ended December 31, 2011.
Revenue reached $43.1 million in 2011, up 38.7% from the $31.1 million recorded in 2010
Operating Income reached $13.1 million, up 45.2% from the $9.0 million recorded in 2010
Net Income for 2011 reached $10.8 million, up 49.1% from Net Income of $7.3 million recorded in 2010
Financial Highlights
For the full year of 2011, total revenues were $43.1 million, up 38.7% from the $31.1 million recorded in 2010. The increase in revenue was largely driven by a shift in sales mix toward our higher priced premium polycrystalline porcelain floor tiles introduced late in 2010 coupled with the launch of our new interior wall tile series in August of 2011. Gross profit rose by 36.5% to $14.8 million in 2011 compared to gross profit of $10.9 million achieved in 2010. Gross profit margin for 2011 was 34.4% compared to 34.9% in 2010 reflecting higher costs associated with the launch of the new interior wall tile series.
Total operating expenses for the full year of 2011 were $1.7 million, down 6.6% from $1.8 million recorded in 2010. The decrease is primarily attributable to $0.3 million reduction in retirement insurance expense, partially offset by $0.1 million increase in salaries and selling expenses.
For the full year of 2011 net income increased 49.1% to $10.8 million with 844,360 weighted average basic and diluted shares outstanding. This compares to net income of $7.3 million with 590,035 weighted average basic and diluted shares outstanding recorded in the same period in 2010. In January of 2012 the conditions were met for full conversion of two promissory notes into common stock of the company which will result in the issuance of approximately 8.9 million common shares. We issued these promissory notes in connection with our acquisition of Ziyang Ceramic Company Limited. After the issuance of the 8.9 million shares, we will have approximately 10 million common shares outstanding. If these shares are taken into account, our earnings per share would have been approximately $1.08 on 10 million common shares.
Balance Sheet
At December 31, 2011, total cash was $5.9 million, an increase of 21.0% from $4.9 million in total cash at December 31, 2010. Current assets were $14.2 million at December 31, 2011 compared to current assets of $11.0 million at December 31, 2010. Total shareholder equity increased to $21.7 million, up 63.4% compared to shareholder equity of $13.3 million at December 31, 2010.
Commenting on the financial results for the full year of 2011, Mr. Lingbo Chi, CEO of Ziyang Ceramics, stated, "2011 was a year of significant growth and change for our company. In addition to achieving strong top and bottom line performance, we completed the launch of a new interior wall tile series to help set the stage for future growth. We are confident that as we head into 2012 we are well positioned to continue our growth with our growing distribution base and our product roadmap. We look forward to improving on our 2011 performance as we look to maximize the value of our company for the benefit of our stockholders."
About Ziyang Ceramics Corporation
Ziyang Ceramics Corporation, headquartered in Zhucheng city of Shandong Province in China, manufactures porcelain tiles used for interior residential and commercial applications and sells through a distribution network of more than 150 distributors across 10 provinces, concentrating on major second and third tier cities located primarily in Eastern and Central China. For more information about Ziyang Ceramics Corporation, please visit: www.ziyangcorp.com.
Investorideas.com Newswire Investorideas.com Newswire Investorideas.com Newswire
Safe Harbor Statement
Ziyang Ceramics Corporation is hereby providing cautionary statements identifying important factors that could cause our actual results to differ materially from those projected in forward-looking statements (as defined in such act). Any statements that are not historical facts and that express, or involve discussions as to, expectations, beliefs, plans, objectives, assumptions or future events or performance (often, but not always, indicated through the use of words or phrases such as "will likely result," "are expected to," "will continue," "is anticipated," "estimated," "intends," "plans," "believes" and "projects") may be forward-looking and may involve estimates and uncertainties which could cause actual results to differ materially from those expressed in the forward-looking statements. These statements include, but are not limited to, our expectations regarding the growth of our sales and distribution network and our expectations regarding new product development, revenues and earnings.
We caution that the factors described herein could cause actual results to differ materially from those expressed in any forward-looking statements we make and that investors should not place undue reliance on any such forward-looking statements. Further, any forward-looking statement speaks only as of the date on which such statement is made, and we undertake no obligation to update any forward-looking statement to reflect events or circumstances after the date on which such statement is made or to reflect the occurrence of anticipated or unanticipated events or circumstances. New factors emerge from time to time, and it is not possible for us to predict all of such factors. Further, we cannot assess the impact of each such factor on our results of operations or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements. This press release is qualified in its entirety by the cautionary statements and risk factor disclosure contained in our Securities and Exchange Commission filings, including our Annual Report on Form 10-K for the year ended December 31, 2011.
Contact:
Ziyang Ceramics Corporation
U.S. Representative
Pearl Group Advisors
Dore Perler
Tel: (954) 232-5363
Email: Dore@PearlGroupAdvisors.com
Ziyang Ceramics Corporation (OTC.BB:ZYCI) is a featured stock on Investorideas.com
Visit the company profile
Disclosure/ disclaimer: Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All information published is from public filings, news, SEC filings and or company comments and quotes.
BC Residents and Investor Disclaimer: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
ZHUCHENG, CHINA - March 29, 2012 - Ziyang Ceramics Corporation (OTC.BB: ZYCI) a leading manufacturer of high quality interior porcelain tiles in China, announced today its financial results for the year ended December 31, 2011.
Revenue reached $43.1 million in 2011, up 38.7% from the $31.1 million recorded in 2010
Operating Income reached $13.1 million, up 45.2% from the $9.0 million recorded in 2010
Net Income for 2011 reached $10.8 million, up 49.1% from Net Income of $7.3 million recorded in 2010
Financial Highlights
For the full year of 2011, total revenues were $43.1 million, up 38.7% from the $31.1 million recorded in 2010. The increase in revenue was largely driven by a shift in sales mix toward our higher priced premium polycrystalline porcelain floor tiles introduced late in 2010 coupled with the launch of our new interior wall tile series in August of 2011. Gross profit rose by 36.5% to $14.8 million in 2011 compared to gross profit of $10.9 million achieved in 2010. Gross profit margin for 2011 was 34.4% compared to 34.9% in 2010 reflecting higher costs associated with the launch of the new interior wall tile series.
Total operating expenses for the full year of 2011 were $1.7 million, down 6.6% from $1.8 million recorded in 2010. The decrease is primarily attributable to $0.3 million reduction in retirement insurance expense, partially offset by $0.1 million increase in salaries and selling expenses.
For the full year of 2011 net income increased 49.1% to $10.8 million with 844,360 weighted average basic and diluted shares outstanding. This compares to net income of $7.3 million with 590,035 weighted average basic and diluted shares outstanding recorded in the same period in 2010. In January of 2012 the conditions were met for full conversion of two promissory notes into common stock of the company which will result in the issuance of approximately 8.9 million common shares. We issued these promissory notes in connection with our acquisition of Ziyang Ceramic Company Limited. After the issuance of the 8.9 million shares, we will have approximately 10 million common shares outstanding. If these shares are taken into account, our earnings per share would have been approximately $1.08 on 10 million common shares.
Balance Sheet
At December 31, 2011, total cash was $5.9 million, an increase of 21.0% from $4.9 million in total cash at December 31, 2010. Current assets were $14.2 million at December 31, 2011 compared to current assets of $11.0 million at December 31, 2010. Total shareholder equity increased to $21.7 million, up 63.4% compared to shareholder equity of $13.3 million at December 31, 2010.
Commenting on the financial results for the full year of 2011, Mr. Lingbo Chi, CEO of Ziyang Ceramics, stated, "2011 was a year of significant growth and change for our company. In addition to achieving strong top and bottom line performance, we completed the launch of a new interior wall tile series to help set the stage for future growth. We are confident that as we head into 2012 we are well positioned to continue our growth with our growing distribution base and our product roadmap. We look forward to improving on our 2011 performance as we look to maximize the value of our company for the benefit of our stockholders."
About Ziyang Ceramics Corporation
Ziyang Ceramics Corporation, headquartered in Zhucheng city of Shandong Province in China, manufactures porcelain tiles used for interior residential and commercial applications and sells through a distribution network of more than 150 distributors across 10 provinces, concentrating on major second and third tier cities located primarily in Eastern and Central China. For more information about Ziyang Ceramics Corporation, please visit: www.ziyangcorp.com.
Investorideas.com Newswire Investorideas.com Newswire Investorideas.com Newswire
Safe Harbor Statement
Ziyang Ceramics Corporation is hereby providing cautionary statements identifying important factors that could cause our actual results to differ materially from those projected in forward-looking statements (as defined in such act). Any statements that are not historical facts and that express, or involve discussions as to, expectations, beliefs, plans, objectives, assumptions or future events or performance (often, but not always, indicated through the use of words or phrases such as "will likely result," "are expected to," "will continue," "is anticipated," "estimated," "intends," "plans," "believes" and "projects") may be forward-looking and may involve estimates and uncertainties which could cause actual results to differ materially from those expressed in the forward-looking statements. These statements include, but are not limited to, our expectations regarding the growth of our sales and distribution network and our expectations regarding new product development, revenues and earnings.
We caution that the factors described herein could cause actual results to differ materially from those expressed in any forward-looking statements we make and that investors should not place undue reliance on any such forward-looking statements. Further, any forward-looking statement speaks only as of the date on which such statement is made, and we undertake no obligation to update any forward-looking statement to reflect events or circumstances after the date on which such statement is made or to reflect the occurrence of anticipated or unanticipated events or circumstances. New factors emerge from time to time, and it is not possible for us to predict all of such factors. Further, we cannot assess the impact of each such factor on our results of operations or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements. This press release is qualified in its entirety by the cautionary statements and risk factor disclosure contained in our Securities and Exchange Commission filings, including our Annual Report on Form 10-K for the year ended December 31, 2011.
Contact:
Ziyang Ceramics Corporation
U.S. Representative
Pearl Group Advisors
Dore Perler
Tel: (954) 232-5363
Email: Dore@PearlGroupAdvisors.com
Ziyang Ceramics Corporation (OTC.BB:ZYCI) is a featured stock on Investorideas.com
Visit the company profile
Disclosure/ disclaimer: Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All information published is from public filings, news, SEC filings and or company comments and quotes.
BC Residents and Investor Disclaimer: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
Solar News: Salamon Group, Inc. (OTCQB:SLMU) Secures Public Sector Rooftop Solar Projects
LAS VEGAS, NV - March 29, 2012 (Investorideas.com renewable energy newswire) Salamon Group, Inc. (OTCQB: SLMU) said Wednesday that it has secured the rights to build solar power systems on the rooftops of 23 schools in Williamson County Tennessee. Salamon will immediately start building 3 solar power systems with an output of 200KW each, the first 3 school rooftops total 600KW. These three projects have total combined revenues of $3.3M over the life of the contract, and yield a levered IRR of approximately 25%. The Company plans to continue building out the remaining 20 rooftops later this spring.
CEO Michael Matvieshen stated, "We are excited to commence building solar power systems on these public sector rooftops, which is one of the Company's strategic solar verticals." Mr. Matvieshen continued, "The public sector buildings offer an enormous real-estate opportunity and are the most stable real estate asset to build solar power systems on, and they offer a tremendous potential for a project pipeline for the Company. We expect that our 'SolarPlus' go to market strategy will secure large solar project rights that will allow us to build quality infrastructure type assets with premium investment yields for the company."
About Salamon Group
Salamon Group, Inc. and its Sunlogics Power Fund Management, Inc. division, is a solar and renewable energy company specializing in the acquisition, construction and management of renewable energy power projects and companies. It is a project-acquiring partner of Sunlogics Plc and its subsidiary as well as other third party project developers. The Company also takes positions in other solar and renewable energy project producing companies that are a strategic fit within the Company's overall strategy.
For further information, Orsay Groupe, Inc. 305-515-8077 and/or visit: http://www.sunlogicspowerfund.com/ www.sunlogics.com
SLMU cautions that statements made in press releases constitute forward-looking statements, and makes no guarantees of future performances and actual results/developments may differ materially from projections in forward-looking statements. Forward-looking statements are based on estimates and opinions of management at the time statements are made.
Contact:
Orsay Groupe, Inc.
William J. Nalley
305-515-8077
williamjnalley@yahoo.com
Published on Investorideas.com newswire
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Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising. www.InvestorIdeas.com/About/Disclaimer.asp. Disclosure: SLMU is a paid customer on Investorideas,com , publishing press releases and company content on Investorideas.com and our syndicated blogs and global partners effective March 14 ,2012 (three months: one thousand per month and nine thousand equivalent in 144 shares)
BC Residents and Investor Disclaimer : Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
LAS VEGAS, NV - March 29, 2012 (Investorideas.com renewable energy newswire) Salamon Group, Inc. (OTCQB: SLMU) said Wednesday that it has secured the rights to build solar power systems on the rooftops of 23 schools in Williamson County Tennessee. Salamon will immediately start building 3 solar power systems with an output of 200KW each, the first 3 school rooftops total 600KW. These three projects have total combined revenues of $3.3M over the life of the contract, and yield a levered IRR of approximately 25%. The Company plans to continue building out the remaining 20 rooftops later this spring.
CEO Michael Matvieshen stated, "We are excited to commence building solar power systems on these public sector rooftops, which is one of the Company's strategic solar verticals." Mr. Matvieshen continued, "The public sector buildings offer an enormous real-estate opportunity and are the most stable real estate asset to build solar power systems on, and they offer a tremendous potential for a project pipeline for the Company. We expect that our 'SolarPlus' go to market strategy will secure large solar project rights that will allow us to build quality infrastructure type assets with premium investment yields for the company."
About Salamon Group
Salamon Group, Inc. and its Sunlogics Power Fund Management, Inc. division, is a solar and renewable energy company specializing in the acquisition, construction and management of renewable energy power projects and companies. It is a project-acquiring partner of Sunlogics Plc and its subsidiary as well as other third party project developers. The Company also takes positions in other solar and renewable energy project producing companies that are a strategic fit within the Company's overall strategy.
For further information, Orsay Groupe, Inc. 305-515-8077 and/or visit: http://www.sunlogicspowerfund.com/ www.sunlogics.com
SLMU cautions that statements made in press releases constitute forward-looking statements, and makes no guarantees of future performances and actual results/developments may differ materially from projections in forward-looking statements. Forward-looking statements are based on estimates and opinions of management at the time statements are made.
Contact:
Orsay Groupe, Inc.
William J. Nalley
305-515-8077
williamjnalley@yahoo.com
Published on Investorideas.com newswire
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Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising. www.InvestorIdeas.com/About/Disclaimer.asp. Disclosure: SLMU is a paid customer on Investorideas,com , publishing press releases and company content on Investorideas.com and our syndicated blogs and global partners effective March 14 ,2012 (three months: one thousand per month and nine thousand equivalent in 144 shares)
BC Residents and Investor Disclaimer : Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
Organic and Natural Food Stocks On the Move; Annie's, Inc (NYSE:BNNY), Whole Foods (NASDAQ:WFM)
New York, NY - March 29, 2012 - www.InvestorIdeas.com, a global investor research portal for independent investors, reports on trading for notable LOHAS stocks (Lifestyle of Health and Sustainability) in the natural and organic food space for March 28th. Annie's, Inc. (NYSE:BNNY) closed at $35.92 following its IPO of 5.0 million shares of common stock at a price to the public of $19.00.
The stock continued its gains in after hours trading moving to $36.19, up another 0.27 (0.75%).
Investors looking for hot IPO's turned their heads from other sectors to organic food as they watched Annie's stock soar on the opening.
The market success of Annie's, Inc IPO and the impressive stock chart of Whole Foods Market, Inc. (NasdaqNM: WFM) over the past five years has investors taking the natural and organic food sector seriously. The trend for healthy eating and living is not going away anytime soon looking at Whole Foods growth.
Whole Foods Market, Inc. (NasdaqNM: WFM) closed at $85.59, up $1.45 (1.72%) for the day with a 52- week range of $53.32 - $86.35.
Investorideas.com Newswire
About Annie's
Annie's, Inc. is a natural and organic food company that makes great-tasting products in mainstream categories. Annie's products are made without the artificial flavors, synthetic colors and preservatives regularly used in many conventional packaged foods. Today, Annie's offers over 125 products, which are present in over 25,000 retail locations in the United States and Canada. Founded in 1989, Annie's is committed to operating in a socially responsible and environmentally sustainable manner.
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New York, NY - March 29, 2012 - www.InvestorIdeas.com, a global investor research portal for independent investors, reports on trading for notable LOHAS stocks (Lifestyle of Health and Sustainability) in the natural and organic food space for March 28th. Annie's, Inc. (NYSE:BNNY) closed at $35.92 following its IPO of 5.0 million shares of common stock at a price to the public of $19.00.
The stock continued its gains in after hours trading moving to $36.19, up another 0.27 (0.75%).
Investors looking for hot IPO's turned their heads from other sectors to organic food as they watched Annie's stock soar on the opening.
The market success of Annie's, Inc IPO and the impressive stock chart of Whole Foods Market, Inc. (NasdaqNM: WFM) over the past five years has investors taking the natural and organic food sector seriously. The trend for healthy eating and living is not going away anytime soon looking at Whole Foods growth.
Whole Foods Market, Inc. (NasdaqNM: WFM) closed at $85.59, up $1.45 (1.72%) for the day with a 52- week range of $53.32 - $86.35.
Investorideas.com Newswire
About Annie's
Annie's, Inc. is a natural and organic food company that makes great-tasting products in mainstream categories. Annie's products are made without the artificial flavors, synthetic colors and preservatives regularly used in many conventional packaged foods. Today, Annie's offers over 125 products, which are present in over 25,000 retail locations in the United States and Canada. Founded in 1989, Annie's is committed to operating in a socially responsible and environmentally sustainable manner.
Learn more about Lohas stocks including organic and natural food stocks
http://www.investorideas.com/LOHAS-Investing/
Sign up for the free investor news and stock alerts in leading sectors! http://www.investorideas.com/Resources/Newsletter.asp
Join Investor Ideas - Research LOHAS stocks, energy stocks, mining, agriculture stocks, cloud computing stocks and more…
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InvestorIdeas.com is a leader in investor stock research by sector. Sectors we cover include; cleantech and renewable energy stocks, biotech stocks, mining and gold stocks, energy stocks, water, tech, defense stocks, nanotech, agriculture and gaming.
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Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising . www.InvestorIdeas.com/About/Disclaimer.asp
Investorideas.com is also interested in connecting with companies in the organic food and health sector seeking funding or investors.
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Wednesday, March 28, 2012
Tuesday's OTC Penny Stock Top Percentage Gainers: (OTC:GMEC), (OTC:SAVW), (OTC:CYNX) (OTC:MSLP)
New York, NY - March 28, 2012 - www.InvestorIdeas.com, a global investor research portal for independent investors, reports on top percentage gainers on the OTCBB for March 27th.
Great East Bottles & Drinks Hldgs (OTC:GMEC) was the top percentage gainer and bounced 0.227 (430.30%) to $0.28 on over low volume of 11k shares but over - 22X its average volume. Great China Mania Holdings, Inc. (GMEC), formerly Great East Bottles & Drinks ( China) Holdings, Inc., is in the business of providing specialty printing services to the commercial printing industry.
SavWatt USA Inc. (OTC:SAVW) added 0.0001 (100.00%) to $0.0002 on over 168.93 shares, compared to its average volume of 134.44 shares. SavWatt, formerly Ludvik Capital, Inc., is a development-stage company. The Company's business plan is to capitalize on the commercial and consumer market for energy-efficient light emitting diode (LED) lighting by investing in product and corporate marketing.
CelLynx Group, Inc. (NDA)(OTC:CYNX) gained 0.0010 (71.43%) to $0.0024 on high volume of 55.67 million shares, well above its 30-day average volume of 7.83 million shares. The stock has been showing an uptrend since early March. CelLynx Group, Inc. develops and markets cell phone boosters signal network extenders, which include repeaters or amplifiers, for the small office, home office ( SOHO) and vehicle.
Muscle Pharm Corporation. (OTC:MSLP) shares added 0.0059 (41.84%) on over 36.42 million shares traded hands, compared to its average volume of 13.16 million shares. MusclePharm Corporation (MusclePharm) is engaged in the business of providing personal fitness training using isometric techniques (Tone in Twenty).
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800-665-0411 - cvanzant@investorideas.com
New York, NY - March 28, 2012 - www.InvestorIdeas.com, a global investor research portal for independent investors, reports on top percentage gainers on the OTCBB for March 27th.
Great East Bottles & Drinks Hldgs (OTC:GMEC) was the top percentage gainer and bounced 0.227 (430.30%) to $0.28 on over low volume of 11k shares but over - 22X its average volume. Great China Mania Holdings, Inc. (GMEC), formerly Great East Bottles & Drinks ( China) Holdings, Inc., is in the business of providing specialty printing services to the commercial printing industry.
SavWatt USA Inc. (OTC:SAVW) added 0.0001 (100.00%) to $0.0002 on over 168.93 shares, compared to its average volume of 134.44 shares. SavWatt, formerly Ludvik Capital, Inc., is a development-stage company. The Company's business plan is to capitalize on the commercial and consumer market for energy-efficient light emitting diode (LED) lighting by investing in product and corporate marketing.
CelLynx Group, Inc. (NDA)(OTC:CYNX) gained 0.0010 (71.43%) to $0.0024 on high volume of 55.67 million shares, well above its 30-day average volume of 7.83 million shares. The stock has been showing an uptrend since early March. CelLynx Group, Inc. develops and markets cell phone boosters signal network extenders, which include repeaters or amplifiers, for the small office, home office ( SOHO) and vehicle.
Muscle Pharm Corporation. (OTC:MSLP) shares added 0.0059 (41.84%) on over 36.42 million shares traded hands, compared to its average volume of 13.16 million shares. MusclePharm Corporation (MusclePharm) is engaged in the business of providing personal fitness training using isometric techniques (Tone in Twenty).
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BC Residents and Investor Disclaimer : Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
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Tuesday's NASDAQ Winners: PSDV, SCMF, HOGS, ISTA
New York, NY - March 28, 2012 - www.InvestorIdeas.com, a global investor research portal for independent investors, reports on top percentage gainers on the NASDAQ for Tuesday March 27th. The Nasdaq Composite fell 2.22 (0.07%) to close at 3,120.35.
pSivida Corp. (NASDAQ: PSDV) continued to move higher and added another 36.45% to close at $2.50 after gaining over 12% in the previous trading session. The stock has been moving on expectations that Alimera Sciences' (Nasdaq: ALIM) ILLUVIEN would be approved in about seven European countries by the end of the quarter. pSivida would receive royalties on ILLUVIEN, about 20% of net profits which will be determined on a country-by-country basis.
Southern Community Financial Corp. (NASDAQ: SCMF) spiked 35.07% to close at $2.65 . Capital Bank Financial Corp. has agreed to acquire 100% of the stock of Southern Community Financial Corporation for $2.875 per share. SCMF is the parent of Southern Community Bank and Trust, a bank with $1.5 billion in assets.
ZHONGPIN INC. (NASDAQ: HOGS) Board of Directors received a proposal from its Chairman and Chief Executive Officer, Mr. Xianfu Zhu, who owns approximately 17.5% of the Company's common stock. According to the proposal, Mr. Zhu wish to acquire all of the outstanding shares of the company's common stock not owned by him in a going private transaction at a proposed price of $13.50 per share in cash. As a result, shares of the company soared 21.82% to $11.22 on an unusual volume of 3.91 million shares in the previous trading session.
ISTA Pharmaceuticals, Inc. (NASDAQ: ISTA) shares closed at $9.04, climbing 7.88% . Bausch + Lomb have signed an agreement to acquire ISTA for $9.10 per share in cash, or a total of approximately $500 million. The transaction is expected to close in the second quarter of 2012. The companies will continue to operate independently until completion of the transaction.
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New York, NY - March 28, 2012 - www.InvestorIdeas.com, a global investor research portal for independent investors, reports on top percentage gainers on the NASDAQ for Tuesday March 27th. The Nasdaq Composite fell 2.22 (0.07%) to close at 3,120.35.
pSivida Corp. (NASDAQ: PSDV) continued to move higher and added another 36.45% to close at $2.50 after gaining over 12% in the previous trading session. The stock has been moving on expectations that Alimera Sciences' (Nasdaq: ALIM) ILLUVIEN would be approved in about seven European countries by the end of the quarter. pSivida would receive royalties on ILLUVIEN, about 20% of net profits which will be determined on a country-by-country basis.
Southern Community Financial Corp. (NASDAQ: SCMF) spiked 35.07% to close at $2.65 . Capital Bank Financial Corp. has agreed to acquire 100% of the stock of Southern Community Financial Corporation for $2.875 per share. SCMF is the parent of Southern Community Bank and Trust, a bank with $1.5 billion in assets.
ZHONGPIN INC. (NASDAQ: HOGS) Board of Directors received a proposal from its Chairman and Chief Executive Officer, Mr. Xianfu Zhu, who owns approximately 17.5% of the Company's common stock. According to the proposal, Mr. Zhu wish to acquire all of the outstanding shares of the company's common stock not owned by him in a going private transaction at a proposed price of $13.50 per share in cash. As a result, shares of the company soared 21.82% to $11.22 on an unusual volume of 3.91 million shares in the previous trading session.
ISTA Pharmaceuticals, Inc. (NASDAQ: ISTA) shares closed at $9.04, climbing 7.88% . Bausch + Lomb have signed an agreement to acquire ISTA for $9.10 per share in cash, or a total of approximately $500 million. The transaction is expected to close in the second quarter of 2012. The companies will continue to operate independently until completion of the transaction.
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Medical Technology Stock Alert; PositiveID Corporation (OTCBB:PSID) Receives Nucleic Acids From the CDC Influenza Division to Develop a Diagnostic Assay to Detect H5N1 Avian Flu
DELRAY BEACH, Fla. - March 28, 2012 (Investorideas.com newswire) - PositiveID Corporation (OTCBB:PSID), an emerging growth company and developer of advanced technologies for diabetes management as well as sophisticated airborne bio-threat detection systems for America's homeland defense industry, announced today that it has received material from the U.S. Centers for Disease Control and Prevention's (CDC) Influenza Division-National Center for Immunization and Respiratory Diseases to develop a diagnostic assay to detect Influenza A H5N1, also known as avian flu. This assay will provide a test result in less than 30 minutes at the point of care, and is expected to be available for the upcoming flu season for diagnostic and surveillance applications.
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The United Nations has urged people to be ready against a possible but major resurgence of the avian flu. According to the CDC, of the few avian influenza viruses that have crossed the species barrier to infect humans, the mutant strain of bird flu has caused the largest number of detected cases of severe disease and death in humans. Human cases of avian influenza A (H5N1) have been reported in Asia, Africa, Europe, Indonesia, Vietnam, the Pacific, and the near East. Slightly more than 60 percent of those who became ill have died.
PositiveID's assay for avian flu, as well as its other currently available assays, will run on the Company's patented Dragonfly Rapid MDx platform. Dragonfly was created out of the Company's M-BAND system, which was developed under contract from the Department of Homeland Security. The H5N1 assay will also be compatible with other commercial platforms.
The Company currently has proven assays for E.coli O157:H7; human papilloma virus (HPV); methicillin-resistant Staphylococcus aureus (MRSA); and a multiplex bio-threat assay that simultaneously tests for six bio-threat organisms on the CDC Category A and B list.
The development of an H5N1 assay is the Company's most recent push into the clinical diagnostics market, where it will offer faster, less expensive testing methods than those that are commonly used.
William J. Caragol, Chairman and CEO of PositiveID, stated, "Our assay for H5N1, as well as our other clinical diagnostic assays, will be faster and less expensive than the industry standard testing protocol. Furthermore, our microfluidic technology is highly adaptable, which enables us to develop new assays for emerging bio-threats and viruses relatively quickly, which we believe will help us as we enter the clinical diagnostic market."
About PositiveID Corporation OTCBB:PSID)
PositiveID Corporation is an emerging growth developer of advanced technologies for diabetes management and rapid medical testing, as well as airborne bio-threat detection systems for America's homeland defense industry. Its wholly-owned subsidiary, Microfluidic Systems, or MFS, is focused on the development of microfluidic systems for the automated preparation of and performance of biological assays in order to detect biological threats at high-value locations, as well as analyze samples in a medical environment.
For more information on PositiveID, please visit http://www.PositiveIDCorp.com.
Statements about PositiveID's future expectations, including the likelihood that PositiveID's M-BAND system is well positioned to take part the DHS $3.1 billion BioWatch Gen-3 opportunity, expected to be released in the first half of 2012, and is the only system of its kind that was demonstrated in the field under the DHS S&T BAND Program; the likelihood that M-BAND was the only successful system to emerge from the BAND program; the likelihood that the M-BAND instrument offers a number of advantages including decreased consumable and operating costs, a small footprint, a closed operating environment and significant flexibility of operation; the likelihood that M-BAND is the only system of its kind that has been successfully field tested indoors and outdoors, both domestically and internationally; the likelihood that M-BAND has significant benefits that set this technology apart and put PositiveID in a strong position to participate with large partners in the $3.1 billion BioWatch opportunity; and all other statements in this press release other than historical facts are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Litigation Reform Act of 1995. Such forward-looking statements involve risks and uncertainties and are subject to change at any time, and PositiveID's actual results could differ materially from expected results. These risks and uncertainties include PositiveID's ability to successfully participate in the $3.1 billion BioWatch opportunity; as well as certain other risks. Additional information about these and other factors that could affect the Company's business is set forth in the Company's various filings with the Securities and Exchange Commission, including those set forth in the Company's 10-K filed on March 25, 2011, and 10-Qs filed on May 13, 2011, August 15, 2011, and November 14, 2011, under the caption "Risk Factors." The Company undertakes no obligation to update or release any revisions to these forward-looking statements to reflect events or circumstances after the date of this statement or to reflect the occurrence of unanticipated events, except as required by law.
CONTACT:
Allison Tomek
561-805-8000
atomek@positiveidcorp.com
PositiveID Corporation (OTCBB:PSID) is a featured biotech company on Investorideas.com
Visit the company profile: http://www.investorideas.com/CO/PSID/
Disclaimer/ Disclosure: Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising. PositiveID Corporation (OTCBB:PSID) featured biotech company on Investorideas.com for 3 months effective January 30,2012 . Compensation: two hundred fifty thousand 144 shares for news release publication, syndication on blogs and related sites and email distribution and company profile . More info: www.InvestorIdeas.com/About/Disclaimer.asp and disclosures: http://www.investorideas.com/About/News/Clientspecifics.asp
BC Residents and Investor Disclaimer : Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
DELRAY BEACH, Fla. - March 28, 2012 (Investorideas.com newswire) - PositiveID Corporation (OTCBB:PSID), an emerging growth company and developer of advanced technologies for diabetes management as well as sophisticated airborne bio-threat detection systems for America's homeland defense industry, announced today that it has received material from the U.S. Centers for Disease Control and Prevention's (CDC) Influenza Division-National Center for Immunization and Respiratory Diseases to develop a diagnostic assay to detect Influenza A H5N1, also known as avian flu. This assay will provide a test result in less than 30 minutes at the point of care, and is expected to be available for the upcoming flu season for diagnostic and surveillance applications.
Join Investor Ideas Members to access the Renewable Energy stocks directory, water stocks, biotech stocks, defense stocks directories and the Insiders Corner
The United Nations has urged people to be ready against a possible but major resurgence of the avian flu. According to the CDC, of the few avian influenza viruses that have crossed the species barrier to infect humans, the mutant strain of bird flu has caused the largest number of detected cases of severe disease and death in humans. Human cases of avian influenza A (H5N1) have been reported in Asia, Africa, Europe, Indonesia, Vietnam, the Pacific, and the near East. Slightly more than 60 percent of those who became ill have died.
PositiveID's assay for avian flu, as well as its other currently available assays, will run on the Company's patented Dragonfly Rapid MDx platform. Dragonfly was created out of the Company's M-BAND system, which was developed under contract from the Department of Homeland Security. The H5N1 assay will also be compatible with other commercial platforms.
The Company currently has proven assays for E.coli O157:H7; human papilloma virus (HPV); methicillin-resistant Staphylococcus aureus (MRSA); and a multiplex bio-threat assay that simultaneously tests for six bio-threat organisms on the CDC Category A and B list.
The development of an H5N1 assay is the Company's most recent push into the clinical diagnostics market, where it will offer faster, less expensive testing methods than those that are commonly used.
William J. Caragol, Chairman and CEO of PositiveID, stated, "Our assay for H5N1, as well as our other clinical diagnostic assays, will be faster and less expensive than the industry standard testing protocol. Furthermore, our microfluidic technology is highly adaptable, which enables us to develop new assays for emerging bio-threats and viruses relatively quickly, which we believe will help us as we enter the clinical diagnostic market."
About PositiveID Corporation OTCBB:PSID)
PositiveID Corporation is an emerging growth developer of advanced technologies for diabetes management and rapid medical testing, as well as airborne bio-threat detection systems for America's homeland defense industry. Its wholly-owned subsidiary, Microfluidic Systems, or MFS, is focused on the development of microfluidic systems for the automated preparation of and performance of biological assays in order to detect biological threats at high-value locations, as well as analyze samples in a medical environment.
For more information on PositiveID, please visit http://www.PositiveIDCorp.com.
Statements about PositiveID's future expectations, including the likelihood that PositiveID's M-BAND system is well positioned to take part the DHS $3.1 billion BioWatch Gen-3 opportunity, expected to be released in the first half of 2012, and is the only system of its kind that was demonstrated in the field under the DHS S&T BAND Program; the likelihood that M-BAND was the only successful system to emerge from the BAND program; the likelihood that the M-BAND instrument offers a number of advantages including decreased consumable and operating costs, a small footprint, a closed operating environment and significant flexibility of operation; the likelihood that M-BAND is the only system of its kind that has been successfully field tested indoors and outdoors, both domestically and internationally; the likelihood that M-BAND has significant benefits that set this technology apart and put PositiveID in a strong position to participate with large partners in the $3.1 billion BioWatch opportunity; and all other statements in this press release other than historical facts are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Litigation Reform Act of 1995. Such forward-looking statements involve risks and uncertainties and are subject to change at any time, and PositiveID's actual results could differ materially from expected results. These risks and uncertainties include PositiveID's ability to successfully participate in the $3.1 billion BioWatch opportunity; as well as certain other risks. Additional information about these and other factors that could affect the Company's business is set forth in the Company's various filings with the Securities and Exchange Commission, including those set forth in the Company's 10-K filed on March 25, 2011, and 10-Qs filed on May 13, 2011, August 15, 2011, and November 14, 2011, under the caption "Risk Factors." The Company undertakes no obligation to update or release any revisions to these forward-looking statements to reflect events or circumstances after the date of this statement or to reflect the occurrence of unanticipated events, except as required by law.
CONTACT:
Allison Tomek
561-805-8000
atomek@positiveidcorp.com
PositiveID Corporation (OTCBB:PSID) is a featured biotech company on Investorideas.com
Visit the company profile: http://www.investorideas.com/CO/PSID/
Disclaimer/ Disclosure: Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising. PositiveID Corporation (OTCBB:PSID) featured biotech company on Investorideas.com for 3 months effective January 30,2012 . Compensation: two hundred fifty thousand 144 shares for news release publication, syndication on blogs and related sites and email distribution and company profile . More info: www.InvestorIdeas.com/About/Disclaimer.asp and disclosures: http://www.investorideas.com/About/News/Clientspecifics.asp
BC Residents and Investor Disclaimer : Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
Tuesday, March 27, 2012
China Stock Alert: Zhongpin (NASDAQ: HOGS) Shares Soar on Go Private Bid of $13.50
New York, NY - March 27, 2012 - www.InvestorIdeas.com, a global investor research portal for independent investors, reports on China stock, Zhongpin Inc. (NASDAQ: HOGS), spiking up to a morning high of $12.25, currently trading at$11.90, up 2.69(29.21%) on over 2 Million shares on news that the Chairman and CEO has made a going private offer with a proposed price of $13.50 per share.
Chairman and CEO Mr. Zhu said he intends to acquire all of the outstanding shares of the Company's common stock. Mr. Zhu currently beneficially owns approximately 17.5% of the Company's common stock.
The Company's Board of Directors intends to form a special committee of independent directors to consider this proposal and any additional proposal that may be made by Mr. Zhu and his affiliates, if any. There can be no assurance that any definitive offer will be made, that any agreement will be executed or that a transaction with Mr. Zhu or any other transaction will be approved or consummated.
This is one of several China deals that have announced going private offers from Company founders. Earlier in March Tibet Pharmaceuticals (NASDAQ: TBET) announced an offer from Chairman and Chief Executive Officer, Mr. Hong Yu to acquire all of the outstanding shares of the Company's common stock not currently owned by Mr. Yu, in a going private transaction for $3.00 per share in cash subject to certain conditions.
Investorideas.com Newswire
About Zhongpin (NASDAQ: HOGS)
Zhongpin Inc. is a leading meat and food processing company that specializes in pork and pork products, vegetables, and fruits in China. Its distribution network in China covers 20 provinces plus Beijing, Shanghai, Tianjin, and Chongqing and includes 3,428 retail outlets as of December 31, 2011. Zhongpin's export markets include Europe, Hong Kong, and other countries in Asia. For more information about Zhongpin, please visit Zhongpin's website at http://www.zpfood.com.
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New York, NY - March 27, 2012 - www.InvestorIdeas.com, a global investor research portal for independent investors, reports on China stock, Zhongpin Inc. (NASDAQ: HOGS), spiking up to a morning high of $12.25, currently trading at$11.90, up 2.69(29.21%) on over 2 Million shares on news that the Chairman and CEO has made a going private offer with a proposed price of $13.50 per share.
Chairman and CEO Mr. Zhu said he intends to acquire all of the outstanding shares of the Company's common stock. Mr. Zhu currently beneficially owns approximately 17.5% of the Company's common stock.
The Company's Board of Directors intends to form a special committee of independent directors to consider this proposal and any additional proposal that may be made by Mr. Zhu and his affiliates, if any. There can be no assurance that any definitive offer will be made, that any agreement will be executed or that a transaction with Mr. Zhu or any other transaction will be approved or consummated.
This is one of several China deals that have announced going private offers from Company founders. Earlier in March Tibet Pharmaceuticals (NASDAQ: TBET) announced an offer from Chairman and Chief Executive Officer, Mr. Hong Yu to acquire all of the outstanding shares of the Company's common stock not currently owned by Mr. Yu, in a going private transaction for $3.00 per share in cash subject to certain conditions.
Investorideas.com Newswire
About Zhongpin (NASDAQ: HOGS)
Zhongpin Inc. is a leading meat and food processing company that specializes in pork and pork products, vegetables, and fruits in China. Its distribution network in China covers 20 provinces plus Beijing, Shanghai, Tianjin, and Chongqing and includes 3,428 retail outlets as of December 31, 2011. Zhongpin's export markets include Europe, Hong Kong, and other countries in Asia. For more information about Zhongpin, please visit Zhongpin's website at http://www.zpfood.com.
About InvestorIdeas.com:
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Monday's OTC Penny Stock % Winners: (OTC: ASOE), (OTC: SBFM), (OTC: NEOM) (OTC: MCLN)
New York, NY - March 27 2012 - www.InvestorIdeas.com, a global investor research portal for independent investors, reports on top percentage gainers on the OTCBB for March 26th.
Apollo Solar Energy, Inc. (OTC: ASOE) was the biggest percentage gainer moving 0.200 (133.33%) to close at $0.35 on over 19k shares - 16X its average volume. Apollo Solar Energy, Inc. (Apollo) is a vertically-integrated refiner of tellurium (Te) and high-purity tellurium-based metals for specific segments of the electronic materials market.
Sunshine Biopharma, Inc. (OTC: SBFM) climbed 0.250 (100.00%) to end at $0.50 on over 123K shares, compared to its average volume of 15K shares. Sunshine Biopharma announced that it will be presenting new scientific data at the American Association for Cancer Research Meeting March 31-April 4, 2012, in Chicago, Illinois, together with its research collaborator, Binghamton University, a State University of New York.
NeoMedia Technologies, Inc. (OTC: NEOM) continued to move higher and added another 0.0118 (39.33%) to close at $0.0418 on over 124.73 million shares, compared to its average volume of 52.81 million shares. Recently, the company announced that it had received a patent pertaining to the resolution of mobile barcodes from the United States Patent and Trademark Office (USPTO)
Aduromed Industries Inc. (OTC: MCLN) shares rose 0.0001 (33.33%) on over 21.28 million shares, compared to its average volume of 19.60 million. MedClean Technologies, Inc. (MTI), formerly Aduromed Industries, Inc., is in the business of providing solutions for managing medical waste on site including designing, selling, installing and servicing on site (in-situ) turnkey systems to treat regulated medical waste.
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BC Residents and Investor Disclaimer : Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
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800-665-0411 - cvanzant@investorideas.com
New York, NY - March 27 2012 - www.InvestorIdeas.com, a global investor research portal for independent investors, reports on top percentage gainers on the OTCBB for March 26th.
Apollo Solar Energy, Inc. (OTC: ASOE) was the biggest percentage gainer moving 0.200 (133.33%) to close at $0.35 on over 19k shares - 16X its average volume. Apollo Solar Energy, Inc. (Apollo) is a vertically-integrated refiner of tellurium (Te) and high-purity tellurium-based metals for specific segments of the electronic materials market.
Sunshine Biopharma, Inc. (OTC: SBFM) climbed 0.250 (100.00%) to end at $0.50 on over 123K shares, compared to its average volume of 15K shares. Sunshine Biopharma announced that it will be presenting new scientific data at the American Association for Cancer Research Meeting March 31-April 4, 2012, in Chicago, Illinois, together with its research collaborator, Binghamton University, a State University of New York.
NeoMedia Technologies, Inc. (OTC: NEOM) continued to move higher and added another 0.0118 (39.33%) to close at $0.0418 on over 124.73 million shares, compared to its average volume of 52.81 million shares. Recently, the company announced that it had received a patent pertaining to the resolution of mobile barcodes from the United States Patent and Trademark Office (USPTO)
Aduromed Industries Inc. (OTC: MCLN) shares rose 0.0001 (33.33%) on over 21.28 million shares, compared to its average volume of 19.60 million. MedClean Technologies, Inc. (MTI), formerly Aduromed Industries, Inc., is in the business of providing solutions for managing medical waste on site including designing, selling, installing and servicing on site (in-situ) turnkey systems to treat regulated medical waste.
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BC Residents and Investor Disclaimer : Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
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Monday's NASDAQ Winners: SIGA, ARNA, VRNM, GRVY
New York, NY - March 27, 2012 - www.InvestorIdeas.com, a global investor research portal for independent investors, reports on top percentage gainers on the NASDAQ for Monday March 26th. The Nasdaq Composite surged 54.65 (1.78%) to end at 3,122.57.
SIGA Technologies, Inc. (NASDAQ: SIGA) shares soared 29.26% to close at $3.49 without any official news. The stock has been showing strong support at $2 and has jumped over 38% so far this year. Yesterday's volume was impressive with more than 2.95 million shares traded, compared to its average volume of 355K shares.
Arena Pharmaceuticals, Inc. (NASDAQ: ARNA) announced that the European Medicines Agency (EMA) has accepted the filing of a Marketing Authorization Application (MAA) for lorcaserin, used for weight control, in patients who are obese or overweight and have at least one weight-related co-morbid condition. Shares of the company gained 24.90% to $3.01 in the last trading session.
Also, the U.S. Food and Drug Administration advisory committee will meet May 10 to discuss the company's resubmitted application for lorcaserin.
Verenium Corporation (NASDAQ: VRNM) moved 19.81% to close at $3.69 after it closed a transaction with DSM Food Specialties B.V., in which Verenium has sold to DSM its Oilseed Processing business, licensed certain enzymes for use in the food and beverage markets, and will provide access to new gene libraries to be developed by Verenium. Verenium will receive $37 million in total consideration, including transaction and related expenses, on March 26, 2012.
Gravity Co., LTD. (NASDAQ: GRVY) rose 15.99% and closed at $3.41after the company announced that Ragnarok Online II was commercially launched in Korea on March 26, 2012. After launching Ragnarok Online II in Korea, the company intends to release the game in a couple of overseas markets in 2012 as well.
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800-665-0411 - Source - www.Investorideas.com
New York, NY - March 27, 2012 - www.InvestorIdeas.com, a global investor research portal for independent investors, reports on top percentage gainers on the NASDAQ for Monday March 26th. The Nasdaq Composite surged 54.65 (1.78%) to end at 3,122.57.
SIGA Technologies, Inc. (NASDAQ: SIGA) shares soared 29.26% to close at $3.49 without any official news. The stock has been showing strong support at $2 and has jumped over 38% so far this year. Yesterday's volume was impressive with more than 2.95 million shares traded, compared to its average volume of 355K shares.
Arena Pharmaceuticals, Inc. (NASDAQ: ARNA) announced that the European Medicines Agency (EMA) has accepted the filing of a Marketing Authorization Application (MAA) for lorcaserin, used for weight control, in patients who are obese or overweight and have at least one weight-related co-morbid condition. Shares of the company gained 24.90% to $3.01 in the last trading session.
Also, the U.S. Food and Drug Administration advisory committee will meet May 10 to discuss the company's resubmitted application for lorcaserin.
Verenium Corporation (NASDAQ: VRNM) moved 19.81% to close at $3.69 after it closed a transaction with DSM Food Specialties B.V., in which Verenium has sold to DSM its Oilseed Processing business, licensed certain enzymes for use in the food and beverage markets, and will provide access to new gene libraries to be developed by Verenium. Verenium will receive $37 million in total consideration, including transaction and related expenses, on March 26, 2012.
Gravity Co., LTD. (NASDAQ: GRVY) rose 15.99% and closed at $3.41after the company announced that Ragnarok Online II was commercially launched in Korea on March 26, 2012. After launching Ragnarok Online II in Korea, the company intends to release the game in a couple of overseas markets in 2012 as well.
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Mining Stocks; YALE (TSX-V: YLL) Continues to Encounter High Grade Silver at Los Amoles
VANCOUVER, British Columbia - March 27, 2012 (Investorideas.com Mining stocks Newswire) - Yale Resources Ltd. (TSX-V: YLL, OTCBB: YRLLF, and Frankfurt: YAB) is pleased to report that sampling at the Los Amoles Silver Property, located in central Sonora, continues to show the potential for multiple sampling techniques within the property as a test sampling of select shafts has returned the widest and highest grade results to date from the property. Work at Los Amoles is being performed by Yale on behalf of Sonora Resources, who by funding the exploration have the right to earn a 70% interest in the property.
The central target area of the property, which surrounds the historic Rosales mine, measures approximately 300 by 600 metres and has the highest concentration of historic workings with greater than 20 shafts and adits identified to date. The distribution of workings on different veins and different sections of each vein provides access to various levels of the mineralizing system due to the topography. All mineralization encountered to date is open along strike and to depth. The recently completed work program was designed to test the exposed vein in the walls of the vertical shafts of select workings. This has proven very effective in getting a true sense of the mineralization that is not exposed at surface. Below are the highlights of the sampling program:
Investorideas.com Newswire
Metallurgical recoveries and net smelter returns are assumed to be 100%.
In addition, a test soil grid covering an area measuring 200 by 400 metres proved very effective as it defined a 250 metre curvi-linear silver anomaly that has been interpreted to represent the buried continuation of a vein as well as several discrete anomalies that occur immediately down slope from historic workings and their respective waste piles.
As a result of the continued favourable results a much larger comprehensive sampling program is being proposed to Sonora Resources for the next exploration campaign on the project such that targets can be prioritized for drilling.
The work at Los Amoles during the past year has advanced the project significantly by concentrating on a two by three kilometre mineralized zone defined by a strong colour anomaly and now known to contain at least 60 veins with strike lengths up to 1 kilometre, 40 historic workings (adits and excavations) and 19 shafts.
About the Los Amoles Property:
The early stage wholly owned 16.3 square kilometre Los Amoles Property is located approximately 150 kilometres northeast of the Hermosillo, Sonora State, Mexico. The property is approximately 10 kilometres northeast of the La Caridad Mine, operated by Grupo Mexico, which is one of the largest mining and processing complexes in Mexico.
Sonora Resources Ltd. has an option to earn a 70% interest in the property by paying to Yale US $ 50,000 (received), spending US $ 900,000 ($200,000 spent) on exploration expenditures and issuing 1,000,000 shares (600,000 have been received) to Yale over three years.
Work performed to date by Yale has concentrated on an area (the Rosales area) that is on the south eastern edge of a 4.0 by 2.75 km regional magnetic anomaly. Yale's interpretation is that the Rosales area represents silver-lead +/- gold veins that are distal to a porphyry system. The potential for this regional anomaly to reflect a buried porphyry has yet to be tested. Many of Sonora's most significant porphyry deposits are located within 70 km of the Los Amoles property.
Samples from Los Amoles were prepared and analyzed by IPL Inspectorate in their facilities in Mexico and Vancouver, respectively. Samples generally consisted of 1-3 kg of material. Gold and silver analyses were performed by 30 gram fire assay with an AA finish. Samples with greater than 100 g/t silver were re-assayed using gravimetric methods.
Ian Foreman, P.Geo., is Yale Resources' Qualified Person, as defined by National Instrument 43-101. The Los Amoles property is an early stage project that requires additional sampling and geological mapping to fully determine the project's potential.
On behalf of the Board,
"Ian Foreman"
Ian Foreman, P.Geo.
President
For additional information on Yale Resources please call the Company at 604-678-2531.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Statements in this press release, other than purely historical information, including statements relating to the Company's future plans and objectives or expected results, may include forward-looking statements. Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in resource exploration and development. As a result, actual results may vary materially from those described in the forward-looking statements.
Contact:
Yale Resources Ltd.
Ian Foreman
604-678-2531
Visit the YLL showcase profile at Investorideas.com
Request News and Info on YLL
Disclosure, Disclaimer/ Investorideas.com is paid by YLL to publish news and distribute content through Investordeas.com Newswire and its syndicated partners and blogs (five hundred per month)
VANCOUVER, British Columbia - March 27, 2012 (Investorideas.com Mining stocks Newswire) - Yale Resources Ltd. (TSX-V: YLL, OTCBB: YRLLF, and Frankfurt: YAB) is pleased to report that sampling at the Los Amoles Silver Property, located in central Sonora, continues to show the potential for multiple sampling techniques within the property as a test sampling of select shafts has returned the widest and highest grade results to date from the property. Work at Los Amoles is being performed by Yale on behalf of Sonora Resources, who by funding the exploration have the right to earn a 70% interest in the property.
The central target area of the property, which surrounds the historic Rosales mine, measures approximately 300 by 600 metres and has the highest concentration of historic workings with greater than 20 shafts and adits identified to date. The distribution of workings on different veins and different sections of each vein provides access to various levels of the mineralizing system due to the topography. All mineralization encountered to date is open along strike and to depth. The recently completed work program was designed to test the exposed vein in the walls of the vertical shafts of select workings. This has proven very effective in getting a true sense of the mineralization that is not exposed at surface. Below are the highlights of the sampling program:
Investorideas.com Newswire
Metallurgical recoveries and net smelter returns are assumed to be 100%.
In addition, a test soil grid covering an area measuring 200 by 400 metres proved very effective as it defined a 250 metre curvi-linear silver anomaly that has been interpreted to represent the buried continuation of a vein as well as several discrete anomalies that occur immediately down slope from historic workings and their respective waste piles.
As a result of the continued favourable results a much larger comprehensive sampling program is being proposed to Sonora Resources for the next exploration campaign on the project such that targets can be prioritized for drilling.
The work at Los Amoles during the past year has advanced the project significantly by concentrating on a two by three kilometre mineralized zone defined by a strong colour anomaly and now known to contain at least 60 veins with strike lengths up to 1 kilometre, 40 historic workings (adits and excavations) and 19 shafts.
About the Los Amoles Property:
The early stage wholly owned 16.3 square kilometre Los Amoles Property is located approximately 150 kilometres northeast of the Hermosillo, Sonora State, Mexico. The property is approximately 10 kilometres northeast of the La Caridad Mine, operated by Grupo Mexico, which is one of the largest mining and processing complexes in Mexico.
Sonora Resources Ltd. has an option to earn a 70% interest in the property by paying to Yale US $ 50,000 (received), spending US $ 900,000 ($200,000 spent) on exploration expenditures and issuing 1,000,000 shares (600,000 have been received) to Yale over three years.
Work performed to date by Yale has concentrated on an area (the Rosales area) that is on the south eastern edge of a 4.0 by 2.75 km regional magnetic anomaly. Yale's interpretation is that the Rosales area represents silver-lead +/- gold veins that are distal to a porphyry system. The potential for this regional anomaly to reflect a buried porphyry has yet to be tested. Many of Sonora's most significant porphyry deposits are located within 70 km of the Los Amoles property.
Samples from Los Amoles were prepared and analyzed by IPL Inspectorate in their facilities in Mexico and Vancouver, respectively. Samples generally consisted of 1-3 kg of material. Gold and silver analyses were performed by 30 gram fire assay with an AA finish. Samples with greater than 100 g/t silver were re-assayed using gravimetric methods.
Ian Foreman, P.Geo., is Yale Resources' Qualified Person, as defined by National Instrument 43-101. The Los Amoles property is an early stage project that requires additional sampling and geological mapping to fully determine the project's potential.
On behalf of the Board,
"Ian Foreman"
Ian Foreman, P.Geo.
President
For additional information on Yale Resources please call the Company at 604-678-2531.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Statements in this press release, other than purely historical information, including statements relating to the Company's future plans and objectives or expected results, may include forward-looking statements. Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in resource exploration and development. As a result, actual results may vary materially from those described in the forward-looking statements.
Contact:
Yale Resources Ltd.
Ian Foreman
604-678-2531
Visit the YLL showcase profile at Investorideas.com
Request News and Info on YLL
Disclosure, Disclaimer/ Investorideas.com is paid by YLL to publish news and distribute content through Investordeas.com Newswire and its syndicated partners and blogs (five hundred per month)
Monday, March 26, 2012
Friday's OTC Penny Stock Top Percentage Gainers; (OTC: SAVW), (OTC: ECOS), (OTC: POSC) (OTC: ZVTK)
New York, NY - March 26, 2012 - www.InvestorIdeas.com, a global investor research portal for independent investors, reports on top percentage gainers on the OTCBB for Friday March 23rd.
SavWatt USA Inc. (OTC: SAVW) was the top percentage gainer and gained 0.0001 (100.00%) to close at $0.0002 on very high volume of over 162.49 million shares - 1.2X its average volume. SavWatt USA Inc. (SavWatt), formerly Ludvik Capital, Inc., is a development-stage company. The Company's business plan is to capitalize on the commercial and consumer market for energy-efficient light emitting diode (LED) lighting by investing in product and corporate marketing.
Zevotek Inc. (NDA) (OTC: ZVTK) climbed 0.100 (100.00%) to end at $0.200 on low volume. Zevotek, Inc. is engaged in the direct marketing and distribution of consumer products. The Company sells the Ionic Bulb through its wholly owned subsidiary Ionicbulb.com, Inc.
Ecolocap Solutions Inc. (OTC: ECOS) continued to move higher and added another 0.0120 (75.00%) to close at $0.0280 on over 25 million shares, compared to its average volume of 1.44 million shares. Michael Siegel, CEO of the company remarked that during the past many years, we've spent millions to develop and perfect our M-Fuel technology. We had the technology tested by a number of independent labs, determining that our Nanotechnology can reduce diesel and other heavy oil consumption by up to 30%, reduce solid emissions by 98% as well as other harmful emissions by some 60%.
Positron Corporation (OTC: POSC) stock rose 0.0065 (40.62%) on over 20.26 million shares, compared to its average volume of 850K shares. The company announced that it received approval of their Nuclear Regulatory Commission (NRC) manufacturing and distribution license amendment for the Company's radiopharmaceutical manufacturing facility in Crown Point, Indiana.
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BC Residents and Investor Disclaimer : Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
Source - Investorideas.com
800-665-0411 - cvanzant@investorideas.com
New York, NY - March 26, 2012 - www.InvestorIdeas.com, a global investor research portal for independent investors, reports on top percentage gainers on the OTCBB for Friday March 23rd.
SavWatt USA Inc. (OTC: SAVW) was the top percentage gainer and gained 0.0001 (100.00%) to close at $0.0002 on very high volume of over 162.49 million shares - 1.2X its average volume. SavWatt USA Inc. (SavWatt), formerly Ludvik Capital, Inc., is a development-stage company. The Company's business plan is to capitalize on the commercial and consumer market for energy-efficient light emitting diode (LED) lighting by investing in product and corporate marketing.
Zevotek Inc. (NDA) (OTC: ZVTK) climbed 0.100 (100.00%) to end at $0.200 on low volume. Zevotek, Inc. is engaged in the direct marketing and distribution of consumer products. The Company sells the Ionic Bulb through its wholly owned subsidiary Ionicbulb.com, Inc.
Ecolocap Solutions Inc. (OTC: ECOS) continued to move higher and added another 0.0120 (75.00%) to close at $0.0280 on over 25 million shares, compared to its average volume of 1.44 million shares. Michael Siegel, CEO of the company remarked that during the past many years, we've spent millions to develop and perfect our M-Fuel technology. We had the technology tested by a number of independent labs, determining that our Nanotechnology can reduce diesel and other heavy oil consumption by up to 30%, reduce solid emissions by 98% as well as other harmful emissions by some 60%.
Positron Corporation (OTC: POSC) stock rose 0.0065 (40.62%) on over 20.26 million shares, compared to its average volume of 850K shares. The company announced that it received approval of their Nuclear Regulatory Commission (NRC) manufacturing and distribution license amendment for the Company's radiopharmaceutical manufacturing facility in Crown Point, Indiana.
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Friday's NASDAQ Winners: GLUU, ARNA, CPWM, SVVC
New York, NY - March 26, 2012 - www.InvestorIdeas.com, a global investor research portal for independent investors, reports on top percentage gainers on the NASDAQ for Friday March 23rd. The Nasdaq Composite ended higher by 4.60 (0.15%) to end at 3,067.92.
Glu Mobile Inc. (NASDAQ: GLUU) closed at $4.85 after gaining 21.25% in Friday's trading session. On March 20, 2012, the company announced the launch of its new freemium, tower defense game, Samurai vs. Zombies Defense. In the game, players are challenged to assume the role of the Samurai Hero, protecting his village's sacred gate against a horde of zombies and ancient Japanese demons thirsting for its sacred powers.
Arena Pharmaceuticals, Inc. (NASDAQ: ARNA) closed at $2.41, moving 18.14% after the company reported a fourth-quarter net loss of $23.7 million, or $0.16 per share, as compared to $28.2 million or $0.23 per share in the year-ago quarter. Total revenue for the fourth quarter declined to $2.08 million, as against $4.01 million in the same quarter last year. Analysts expected the company report a loss of $0.15 per share on revenue of $3.49 million.
The stock is on the move again in Monday morning trading up at $2.83, up 0.42(17.43%) 10:43AM EDT,
Cost Plus, Inc. (NASDAQ: CPWM), on March 22, 2012, reported fourth-quarter net income of $36.5 million or $1.55 per share, as against $28.5 million or $1.23 per share in the year ago period. Net sales increased 6.7% to $364.3 million during the quarter. Analysts had called for a $1.50-per-share profit and revenue of $362 million.
Looking forward, the company expects full year 2012 earnings from continuing operations in the range of $26 million to $28 million, or $1.07 to $1.12 per share. Revenue is expected in the range of $1.0 billion to $1.1 billion. Analysts expect earnings of $1.05 per share on revenues of $1.01 billion for the year.
Firsthand Technology Value Fund (NASDAQ: SVVC) announced that it has completed the purchase of an additional 70,000 shares of Facebook, Inc. The transaction, which was initiated in January 2012, brings the company's total Facebook holdings to 600,000 shares of Class B common stock. As a result, the stock closed at $35.54 in Friday's trading session after gaining 11.80%.
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New York, NY - March 26, 2012 - www.InvestorIdeas.com, a global investor research portal for independent investors, reports on top percentage gainers on the NASDAQ for Friday March 23rd. The Nasdaq Composite ended higher by 4.60 (0.15%) to end at 3,067.92.
Glu Mobile Inc. (NASDAQ: GLUU) closed at $4.85 after gaining 21.25% in Friday's trading session. On March 20, 2012, the company announced the launch of its new freemium, tower defense game, Samurai vs. Zombies Defense. In the game, players are challenged to assume the role of the Samurai Hero, protecting his village's sacred gate against a horde of zombies and ancient Japanese demons thirsting for its sacred powers.
Arena Pharmaceuticals, Inc. (NASDAQ: ARNA) closed at $2.41, moving 18.14% after the company reported a fourth-quarter net loss of $23.7 million, or $0.16 per share, as compared to $28.2 million or $0.23 per share in the year-ago quarter. Total revenue for the fourth quarter declined to $2.08 million, as against $4.01 million in the same quarter last year. Analysts expected the company report a loss of $0.15 per share on revenue of $3.49 million.
The stock is on the move again in Monday morning trading up at $2.83, up 0.42(17.43%) 10:43AM EDT,
Cost Plus, Inc. (NASDAQ: CPWM), on March 22, 2012, reported fourth-quarter net income of $36.5 million or $1.55 per share, as against $28.5 million or $1.23 per share in the year ago period. Net sales increased 6.7% to $364.3 million during the quarter. Analysts had called for a $1.50-per-share profit and revenue of $362 million.
Looking forward, the company expects full year 2012 earnings from continuing operations in the range of $26 million to $28 million, or $1.07 to $1.12 per share. Revenue is expected in the range of $1.0 billion to $1.1 billion. Analysts expect earnings of $1.05 per share on revenues of $1.01 billion for the year.
Firsthand Technology Value Fund (NASDAQ: SVVC) announced that it has completed the purchase of an additional 70,000 shares of Facebook, Inc. The transaction, which was initiated in January 2012, brings the company's total Facebook holdings to 600,000 shares of Class B common stock. As a result, the stock closed at $35.54 in Friday's trading session after gaining 11.80%.
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Gold Stocks; Gold Bullion (TSX-V: GBB) Provides Granada Mine Update
VANCOUVER - March 26, 2012 (Investorideas.com Mining stocks Newswire) - Gold Bullion Development Corp. (TSXV: GBB, OTC PINK: GBBFF) (the "Company" or "Gold Bullion") is pleased to provide an update on its Granada Gold Property, located along the prolific Cadillac trend in North-western Quebec, 5 km south of the city of Rouyn-Noranda.
The Company has completed approximately 78,000 metres of drilling resulting in a significant expansion of the LONG Bars zone. The surface footprint has increased 5 fold from the original footprint, 300 metres by 600 metres, to over 750 metres by 1200 metres. In addition to the two historic shafts in the area where current mineralization exploration is being undertaken, there are another 3 historic shafts within a 6.8 km strike length to the east indicating that less than 20 percent of the potential Granada strike length has been explored to date.
Another 3.3 to 6.8 km is also open to exploration on the eastern Adanac Extension of the Granada Mine land holdings. Between this and the Granada Eastern Extension, is a 5.2 km area that Osisko Mining Corporation is currently exploring which already has historical drill sections. These sections confirm further mineralization to the east of Gold Bullion's Eastern Extension and extends the mineralized trend eastwards to Gold Bullion's eastern Adanac Extension property.
As such, the overall potential strike length of Gold Bullion's land holdings ranges from 10.1 to 13.6 km with no exploration undertaken to date on the eastern Adanac Extension. The current drill program is focused on evaluating the extent of the mineralization to the north and at depth.
Hole GR-11-390, the northern most hole drilled by Gold Bullion to date, encountered three significant mineralized sections of interest as follows:
Investorideas.com Newswire
These are probable extensions of veins, deformation zones and alteration zones identified from recent and historic drilling at shallower depths. Work at Granada has shown that gold mineralization on the property occurs in veins and along contact of deformed conglomerate clasts and in alteration zones. The current drill program plan is for 3 holes with a wedge in each giving 6 pierce points through the projected mineralized zone.
Roughly 6,560 metres will be drilled with the goal of intersecting mineralization at depth in order to evaluate a potential down dip depth of over 2,000 metres at 50 to 70 degrees dip to the north. Of this total down dip length, we have thus far encountered gold mineralization of interest along 650 metres. As such, in theory, just 32.5 percent has been explored to date. The objective is to hit a minimum of 2 of the 5 known mineralized zones with thickness greater than 3 metres and grades at or above 3 g/t Au.
Near surface, the Company is in the exploration range for low-grade deposits of 10 to 20 ounces per metre drilled as compared to Osisko at 6,846 holes drilled for 789,707 metres at 1.37 grams per tonne for 8.6 million ounces of gold and Detour at 5,877 holes drilled for 889,520 meters at 1.08 grams per tonne for 17.67 million ounces of gold. Their respective ounces per meter drilled are 10.89 for Osisko and 19.86 for Detour. The Company is using this rule of thumb and expects to be in the lower range for the LONG Bars Zone of which overall approximately only 10 percent has been explored thus far.
The Company will release a NI 43-101 compliant resource estimate in the first quarter of 2012 being prepared with 321 of the 404 holes drilled to date. A total of 56,315 metres of the roughly 78,000 metres drilled so far are being utilized in the calculation of this first resource estimate. Gold Bullion plans to include the remainder of the drill data, inclusive of current drilling, into an additional or updated resource calculation to be released at a later date.
The balance of the Granada property still remains to be explored, with 3 other primary target areas that have been defined on the 11,000 hectare land holding.
The ongoing metallurgical test work has confirmed high gold recovery rates exceeding 90 percent, achieved via conventional gravity recovery followed by cyanidation. These results stem from the initial bulk sample undertaken in 2007 when 28,000 tonnes of mineralized material was processed and the work under taken by Gekko Systems and SGS Lakefield.
Gold Bullion is also undertaking baseline and hydro-geological studies in accordance with prerequisite regulatory requirements for issuance of a certificate of approval.
Claude Duplessis, Eng. is acting as the qualified person (QP) for Gold Bullion Development Corp. in compliance with National Instrument 43-101 and has reviewed the technical contents of this press release.
Gold Bullion's management hope you can attend the Annual General Meeting scheduled for April 12, 2012 in Montreal, Quebec and look forward to meeting those able to make it. For further details please contact our head office in Montreal at 1-514-397-4000.
About Gold Bullion Development Corp.
Gold Bullion Development Corp. is a TSX Venture-listed junior natural resource company focusing on the exploration and development of its Granada Property near Rouyn-Noranda, Qu�bec. Additional information on the company's Granada gold property is available by visiting their website at www.GoldBullionDevelopmentCorp.com and on SEDAR.com.
"Frank J. Basa"
Frank J. Basa, P.Eng.
President and Chief Executive Officer
Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.
Visit the GBB showcase profile at Investorideas.com
Request News and Info on GBB
Disclosure, Disclaimer/ GBB is a paid advertising client on Investorideas.com and our mining portals.
Disclosure, Disclaimer/ Investorideas.com is paid by GBB to publish news and distribute content through Investordeas.com Newswire and its syndicated partners and blogs (five hundred per month)
VANCOUVER - March 26, 2012 (Investorideas.com Mining stocks Newswire) - Gold Bullion Development Corp. (TSXV: GBB, OTC PINK: GBBFF) (the "Company" or "Gold Bullion") is pleased to provide an update on its Granada Gold Property, located along the prolific Cadillac trend in North-western Quebec, 5 km south of the city of Rouyn-Noranda.
The Company has completed approximately 78,000 metres of drilling resulting in a significant expansion of the LONG Bars zone. The surface footprint has increased 5 fold from the original footprint, 300 metres by 600 metres, to over 750 metres by 1200 metres. In addition to the two historic shafts in the area where current mineralization exploration is being undertaken, there are another 3 historic shafts within a 6.8 km strike length to the east indicating that less than 20 percent of the potential Granada strike length has been explored to date.
Another 3.3 to 6.8 km is also open to exploration on the eastern Adanac Extension of the Granada Mine land holdings. Between this and the Granada Eastern Extension, is a 5.2 km area that Osisko Mining Corporation is currently exploring which already has historical drill sections. These sections confirm further mineralization to the east of Gold Bullion's Eastern Extension and extends the mineralized trend eastwards to Gold Bullion's eastern Adanac Extension property.
As such, the overall potential strike length of Gold Bullion's land holdings ranges from 10.1 to 13.6 km with no exploration undertaken to date on the eastern Adanac Extension. The current drill program is focused on evaluating the extent of the mineralization to the north and at depth.
Hole GR-11-390, the northern most hole drilled by Gold Bullion to date, encountered three significant mineralized sections of interest as follows:
Investorideas.com Newswire
These are probable extensions of veins, deformation zones and alteration zones identified from recent and historic drilling at shallower depths. Work at Granada has shown that gold mineralization on the property occurs in veins and along contact of deformed conglomerate clasts and in alteration zones. The current drill program plan is for 3 holes with a wedge in each giving 6 pierce points through the projected mineralized zone.
Roughly 6,560 metres will be drilled with the goal of intersecting mineralization at depth in order to evaluate a potential down dip depth of over 2,000 metres at 50 to 70 degrees dip to the north. Of this total down dip length, we have thus far encountered gold mineralization of interest along 650 metres. As such, in theory, just 32.5 percent has been explored to date. The objective is to hit a minimum of 2 of the 5 known mineralized zones with thickness greater than 3 metres and grades at or above 3 g/t Au.
Near surface, the Company is in the exploration range for low-grade deposits of 10 to 20 ounces per metre drilled as compared to Osisko at 6,846 holes drilled for 789,707 metres at 1.37 grams per tonne for 8.6 million ounces of gold and Detour at 5,877 holes drilled for 889,520 meters at 1.08 grams per tonne for 17.67 million ounces of gold. Their respective ounces per meter drilled are 10.89 for Osisko and 19.86 for Detour. The Company is using this rule of thumb and expects to be in the lower range for the LONG Bars Zone of which overall approximately only 10 percent has been explored thus far.
The Company will release a NI 43-101 compliant resource estimate in the first quarter of 2012 being prepared with 321 of the 404 holes drilled to date. A total of 56,315 metres of the roughly 78,000 metres drilled so far are being utilized in the calculation of this first resource estimate. Gold Bullion plans to include the remainder of the drill data, inclusive of current drilling, into an additional or updated resource calculation to be released at a later date.
The balance of the Granada property still remains to be explored, with 3 other primary target areas that have been defined on the 11,000 hectare land holding.
The ongoing metallurgical test work has confirmed high gold recovery rates exceeding 90 percent, achieved via conventional gravity recovery followed by cyanidation. These results stem from the initial bulk sample undertaken in 2007 when 28,000 tonnes of mineralized material was processed and the work under taken by Gekko Systems and SGS Lakefield.
Gold Bullion is also undertaking baseline and hydro-geological studies in accordance with prerequisite regulatory requirements for issuance of a certificate of approval.
Claude Duplessis, Eng. is acting as the qualified person (QP) for Gold Bullion Development Corp. in compliance with National Instrument 43-101 and has reviewed the technical contents of this press release.
Gold Bullion's management hope you can attend the Annual General Meeting scheduled for April 12, 2012 in Montreal, Quebec and look forward to meeting those able to make it. For further details please contact our head office in Montreal at 1-514-397-4000.
About Gold Bullion Development Corp.
Gold Bullion Development Corp. is a TSX Venture-listed junior natural resource company focusing on the exploration and development of its Granada Property near Rouyn-Noranda, Qu�bec. Additional information on the company's Granada gold property is available by visiting their website at www.GoldBullionDevelopmentCorp.com and on SEDAR.com.
"Frank J. Basa"
Frank J. Basa, P.Eng.
President and Chief Executive Officer
Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.
Visit the GBB showcase profile at Investorideas.com
Request News and Info on GBB
Disclosure, Disclaimer/ GBB is a paid advertising client on Investorideas.com and our mining portals.
Disclosure, Disclaimer/ Investorideas.com is paid by GBB to publish news and distribute content through Investordeas.com Newswire and its syndicated partners and blogs (five hundred per month)
Friday, March 23, 2012
Friday's Battery Stocks on the Move: AONE, CBAK, XIDE, XDSL
New York, NY - March 23, 2012 � (Investorideas.com renewable energy/green newswire) Investorideas.com, a leader in renewable energy stock research for independent investors, issues an investor alert for battery stocks for mid-day trading Friday March 23, 2012.
A123 Systems, Inc. (NasdaqGS: AONE) is trading up slightly at $ 1.72, up 0.04(2.38%) 1:47PM ED on over 800,000 shares. Earlier in March the Company reported that Advanced Traction Battery Systems (ATBS), A123's co-owned Shanghai-based joint venture company, has been selected to develop battery packs for a new plug-in hybrid electric (PHEV) sedan from Geely, one of the fastest-growing automakers in China and the parent company of Volvo Car Corporation. Under the terms of the development agreement, A123 will supply 20Ah prismatic cells to ATBS for the production of complete lithium ion battery packs for Geely's new PHEV, which is expected to launch in China in 2014.
China BAK Battery, Inc. (NasdaqGM: CBAK) is leading the sector, trading at $0.9201, up 0.1001(12.21%) 1:34PM EDT on over 800,000 shares. The stock has traded as high as $1.03 in today's session.
mPhase Technologies, Inc. (OTC.BB: XDSL) is trading up 6.25% on over 1.2 Million shares.
Earlier this month the Company said it is exploring the printing of its Smart NanoBattery with Graphene and other advanced new materials.
Exide Technologies (NasdaqGS: XIDE) is trading up at $3.15, up 0.10(3.28%) 1:46PM EDT on over 266,000 shares.
Investorideas.com Newswire
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Investorideas.com was on the of the first investor sites covering investing in water and renewable energy stocks and has become a global go-to destination for investors researching the cleantech sector, with stock directories, company news, commentary from experts, research reports and industry resources and links. Investors can follow solar stocks commentary on our site with solar expert, J. Peter Lynch.
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Disclosure XDSL pays Investorideas.com five hundred per month to publish news and content
BC Residents and Investor Disclaimer: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
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New York, NY - March 23, 2012 � (Investorideas.com renewable energy/green newswire) Investorideas.com, a leader in renewable energy stock research for independent investors, issues an investor alert for battery stocks for mid-day trading Friday March 23, 2012.
A123 Systems, Inc. (NasdaqGS: AONE) is trading up slightly at $ 1.72, up 0.04(2.38%) 1:47PM ED on over 800,000 shares. Earlier in March the Company reported that Advanced Traction Battery Systems (ATBS), A123's co-owned Shanghai-based joint venture company, has been selected to develop battery packs for a new plug-in hybrid electric (PHEV) sedan from Geely, one of the fastest-growing automakers in China and the parent company of Volvo Car Corporation. Under the terms of the development agreement, A123 will supply 20Ah prismatic cells to ATBS for the production of complete lithium ion battery packs for Geely's new PHEV, which is expected to launch in China in 2014.
China BAK Battery, Inc. (NasdaqGM: CBAK) is leading the sector, trading at $0.9201, up 0.1001(12.21%) 1:34PM EDT on over 800,000 shares. The stock has traded as high as $1.03 in today's session.
mPhase Technologies, Inc. (OTC.BB: XDSL) is trading up 6.25% on over 1.2 Million shares.
Earlier this month the Company said it is exploring the printing of its Smart NanoBattery with Graphene and other advanced new materials.
Exide Technologies (NasdaqGS: XIDE) is trading up at $3.15, up 0.10(3.28%) 1:46PM EDT on over 266,000 shares.
Investorideas.com Newswire
Research more battery and electric car stocks on global stock exchanges -and up to 1300 renewable energy stocks at Investorideas.com http://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp
About Investorideas.com - a leader in cleantech investor research
Investorideas.com was on the of the first investor sites covering investing in water and renewable energy stocks and has become a global go-to destination for investors researching the cleantech sector, with stock directories, company news, commentary from experts, research reports and industry resources and links. Investors can follow solar stocks commentary on our site with solar expert, J. Peter Lynch.
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Disclosure XDSL pays Investorideas.com five hundred per month to publish news and content
BC Residents and Investor Disclaimer: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
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Solar News: Salamon Group, Inc. (OTCQB:SLMU) to Partner With DayStar Technologies (NASDAQ:DSTI) Over the Eco Energy Acquisition
LAS VEGAS, NV - March 23, 2012 (Investorideas.com renewable energy newswire) Salamon Group, Inc. (OTCQB: SLMU) ("Salamon" or the "Company") announces that Sunlogics Power, its wholly owned subsidiary, will partner with Daystar Technologies, Inc. (NASDAQ:DSTI) for the previously announced acquisition of Eco Energy Solutions (Australia) Pty Ltd. ("Eco Energy"). Sunlogics Power has successfully finished the due diligence process and is proceeding to final documents.
"We are pleased to be partnering with DayStar Technologies on the Acquisition of Eco Energy," said Michael Matvieshen, CEO. He further states, "And, we look forward to strengthening the relationship between our companies. We are also pleased with the outcome of the due diligence of Eco Energy which, for its fiscal year ended June 30, 2011, had gross revenues of approximately US$13 million dollars and net income of approximately US$1million with no debt on the books We expect these numbers to be much higher this year based on currently signed agreements for projects, services and products."
About Eco Energy Solutions
Eco Energy Solutions (Australia) Pty Ltd is a dynamic Australian based renewable energy company specializing in the design, supply, installation, commissioning and maintenance of Solar PV with integrated power storage for uninterrupted power supply for commercial and remote locations. http://www.ecoenergysolutions.com.au/
About DayStar Technologies, Inc. (DST)
DayStar Technologies, Inc. is a leader in CIGS thin film deposition technology for the development of solar photovoltaic products based on its technology. For more information, visit the DayStar website at http://www.daystartech.com.
About Salamon Group
Salamon Group, Inc. and its Sunlogics Power Fund Management, Inc. division, is a solar and renewable energy company specializing in the acquisition, construction and management of renewable energy power projects and companies. It is a project-acquiring partner of Sunlogics Plc and its subsidiary as well as other third party project developers. The Company also takes positions in other solar and renewable energy project producing companies that are a strategic fit within the Company's overall strategy.
For further information, Orsay Groupe, Inc. 305-515-8077 and/or visit: http://www.sunlogicspowerfund.com/ www.sunlogics.com
SLMU cautions that statements made in press releases constitute forward-looking statements, and makes no guarantees of future performances and actual results/developments may differ materially from projections in forward-looking statements. Forward-looking statements are based on estimates and opinions of management at the time statements are made.
Contact:
Orsay Groupe, Inc.
William Nalley
305-515-8077 USA
williamjnalley@yahoo.com
Published on Investorideas.com newswire
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BC Residents and Investor Disclaimer : Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
LAS VEGAS, NV - March 23, 2012 (Investorideas.com renewable energy newswire) Salamon Group, Inc. (OTCQB: SLMU) ("Salamon" or the "Company") announces that Sunlogics Power, its wholly owned subsidiary, will partner with Daystar Technologies, Inc. (NASDAQ:DSTI) for the previously announced acquisition of Eco Energy Solutions (Australia) Pty Ltd. ("Eco Energy"). Sunlogics Power has successfully finished the due diligence process and is proceeding to final documents.
"We are pleased to be partnering with DayStar Technologies on the Acquisition of Eco Energy," said Michael Matvieshen, CEO. He further states, "And, we look forward to strengthening the relationship between our companies. We are also pleased with the outcome of the due diligence of Eco Energy which, for its fiscal year ended June 30, 2011, had gross revenues of approximately US$13 million dollars and net income of approximately US$1million with no debt on the books We expect these numbers to be much higher this year based on currently signed agreements for projects, services and products."
About Eco Energy Solutions
Eco Energy Solutions (Australia) Pty Ltd is a dynamic Australian based renewable energy company specializing in the design, supply, installation, commissioning and maintenance of Solar PV with integrated power storage for uninterrupted power supply for commercial and remote locations. http://www.ecoenergysolutions.com.au/
About DayStar Technologies, Inc. (DST)
DayStar Technologies, Inc. is a leader in CIGS thin film deposition technology for the development of solar photovoltaic products based on its technology. For more information, visit the DayStar website at http://www.daystartech.com.
About Salamon Group
Salamon Group, Inc. and its Sunlogics Power Fund Management, Inc. division, is a solar and renewable energy company specializing in the acquisition, construction and management of renewable energy power projects and companies. It is a project-acquiring partner of Sunlogics Plc and its subsidiary as well as other third party project developers. The Company also takes positions in other solar and renewable energy project producing companies that are a strategic fit within the Company's overall strategy.
For further information, Orsay Groupe, Inc. 305-515-8077 and/or visit: http://www.sunlogicspowerfund.com/ www.sunlogics.com
SLMU cautions that statements made in press releases constitute forward-looking statements, and makes no guarantees of future performances and actual results/developments may differ materially from projections in forward-looking statements. Forward-looking statements are based on estimates and opinions of management at the time statements are made.
Contact:
Orsay Groupe, Inc.
William Nalley
305-515-8077 USA
williamjnalley@yahoo.com
Published on Investorideas.com newswire
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Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising. www.InvestorIdeas.com/About/Disclaimer.asp. Disclosure: SLMU is a paid customer on Investorideas,com , publishing press releases and company content on Investorideas.com and our syndicated blogs and global partners effective March 14 ,2012 (three months: one thousand per month and nine thousand equivalent in 144 shares)
BC Residents and Investor Disclaimer : Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
Thursday's OTC Penny Stock Winners; (OTC: ECOS), (OTC: TRAB), (OTC: NXOI) (OTC: IMDS)
New York, NY - March 23, 2012 � (Investorideas.com Newswire) www.InvestorIdeas.com, a global investor research portal for independent investors, reports on top percentage gainers on the OTCBB for Thursday March 22nd.
Ecolocap Solutions Inc. (OTC: ECOS) was the top percentage gainer moving 0.0135 (540.00%) to close at $0.0160 on very high volume. EcoloCap is in a standstill period with Fuel Emulsions International, Inc. (FEI) of Miami, FL until March 31, 2012. Under the proposed agreement, FEI is committed to purchase, own and operate all or most of EcoloCap's manufactured processing equipment and additive for the production of M-Fuel and other specialty emulsion fuels.
TheraBiogen Inc. (OTC: TRAB ) shares rose 0.0330 (150.00%) to close at $0.0550 on over 3.49 million shares, compared to its average volume of 233K shares. The company said that it has begun discussions with a major pharmaceutical company interested in providing access to TheraBiogen's homeopathic product line, Thera Max®.
Next 1 Interactive, Inc.(OTC:NXOI) shares continued to move higher, gaining another 30% after rising 25% in the previous trading session on over 91.24 million shares . The stock made a six month low earlier this week and showing buying at lower levels.
Imaging Diagnostic Systems, Inc. (OTC: IMDS) added 0.0002 (16.67%) to end at $0.0014 on over 27.97 million shares - 1.30X its average volume. Imaging Diagnostic Systems, Inc. (IDSI) is a development stage medical technology company. The Company is engaged in the development and testing of a Computed Tomography Laser Breast Imaging System for detecting breast.
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BC Residents and Investor Disclaimer: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
Source - Investorideas.com
800-665-0411 - cvanzant@investorideas.com
New York, NY - March 23, 2012 � (Investorideas.com Newswire) www.InvestorIdeas.com, a global investor research portal for independent investors, reports on top percentage gainers on the OTCBB for Thursday March 22nd.
Ecolocap Solutions Inc. (OTC: ECOS) was the top percentage gainer moving 0.0135 (540.00%) to close at $0.0160 on very high volume. EcoloCap is in a standstill period with Fuel Emulsions International, Inc. (FEI) of Miami, FL until March 31, 2012. Under the proposed agreement, FEI is committed to purchase, own and operate all or most of EcoloCap's manufactured processing equipment and additive for the production of M-Fuel and other specialty emulsion fuels.
TheraBiogen Inc. (OTC: TRAB ) shares rose 0.0330 (150.00%) to close at $0.0550 on over 3.49 million shares, compared to its average volume of 233K shares. The company said that it has begun discussions with a major pharmaceutical company interested in providing access to TheraBiogen's homeopathic product line, Thera Max®.
Next 1 Interactive, Inc.(OTC:NXOI) shares continued to move higher, gaining another 30% after rising 25% in the previous trading session on over 91.24 million shares . The stock made a six month low earlier this week and showing buying at lower levels.
Imaging Diagnostic Systems, Inc. (OTC: IMDS) added 0.0002 (16.67%) to end at $0.0014 on over 27.97 million shares - 1.30X its average volume. Imaging Diagnostic Systems, Inc. (IDSI) is a development stage medical technology company. The Company is engaged in the development and testing of a Computed Tomography Laser Breast Imaging System for detecting breast.
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Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising . www.InvestorIdeas.com/About/Disclaimer.asp
BC Residents and Investor Disclaimer: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
Source - Investorideas.com
800-665-0411 - cvanzant@investorideas.com
Thursday's NASDAQ Winners: SCVL, SWHC, MAPP, KIOR
New York, NY - March 23, 2012 - www.InvestorIdeas.com, a global investor research portal for independent investors, reports on top percentage gainers on the NASDAQ for Thursday March 22nd. The Nasdaq Composite ended lower by 12 points or 0.40% to close at 3,063.32.
Shoe Carnival, Inc. (NASDAQ: SCVL) reported fourth quarter net income of $3.3 million or $0.24 per share, as compared to last year's $4.4 million or $0.33 per share. Analysts expected the company to earn $0.21 per share for the quarter. Net sales increased to $181.9 million, from $179.9 million in the year ago period. Analysts expected revenues of $180.91 million for the quarter. Looking forward, the company expects first quarter of fiscal 2012, earnings to be in between $0.75-$0.78 per share on net sales of $219 million to $222 million. Shares of the company closed at $32.11 after surging 21.17% in Thursday’s trading session.
The stock has continued its gains in early morning trading.
Smith & Wesson Holding Corporation (NASDAQ: SWHC) closed at $7.68 on 6.24 million shares. Earlier this month the Company raised its sales outlook for fiscal 2012 to $395.0 million and $400.0 million and net sales for the fourth quarter of 2012 to be between $113.0 million and $118.0 million. Analysts were expecting the company to report revenue of $393.1 million for fiscal 2012 and revenue of $114.0 million for the first quarter of 2012.
MAP Pharmaceuticals Inc. (NASDAQ: MAPP) closed higher by 10.55% to end at $16.76. The 52 week trading range for the company is $10.54 - $17.92. On Feb. 23, 2012, the company announced that the United States Patent and Trademark Office (USPTO) issued to the Company U.S. Patent No. 8,119,639, titled Method of Therapeutic Administration of DHE to Enable Rapid Relief of Migraine while Minimizing Side Effect Profile.
KiOR Inc (NASDAQ: KIOR) closed at $10.76, climbing 15.08% in Thursday’s trading session. The 52 week trading range for the company is $7.51 - $23.85. KiOR is development- stage company. KiOR is a renewable fuels company, which has developed a technology platform to convert non-food biomass into hydrocarbon-based oil.
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800-665-0411 - Source - www.Investorideas.com
New York, NY - March 23, 2012 - www.InvestorIdeas.com, a global investor research portal for independent investors, reports on top percentage gainers on the NASDAQ for Thursday March 22nd. The Nasdaq Composite ended lower by 12 points or 0.40% to close at 3,063.32.
Shoe Carnival, Inc. (NASDAQ: SCVL) reported fourth quarter net income of $3.3 million or $0.24 per share, as compared to last year's $4.4 million or $0.33 per share. Analysts expected the company to earn $0.21 per share for the quarter. Net sales increased to $181.9 million, from $179.9 million in the year ago period. Analysts expected revenues of $180.91 million for the quarter. Looking forward, the company expects first quarter of fiscal 2012, earnings to be in between $0.75-$0.78 per share on net sales of $219 million to $222 million. Shares of the company closed at $32.11 after surging 21.17% in Thursday’s trading session.
The stock has continued its gains in early morning trading.
Smith & Wesson Holding Corporation (NASDAQ: SWHC) closed at $7.68 on 6.24 million shares. Earlier this month the Company raised its sales outlook for fiscal 2012 to $395.0 million and $400.0 million and net sales for the fourth quarter of 2012 to be between $113.0 million and $118.0 million. Analysts were expecting the company to report revenue of $393.1 million for fiscal 2012 and revenue of $114.0 million for the first quarter of 2012.
MAP Pharmaceuticals Inc. (NASDAQ: MAPP) closed higher by 10.55% to end at $16.76. The 52 week trading range for the company is $10.54 - $17.92. On Feb. 23, 2012, the company announced that the United States Patent and Trademark Office (USPTO) issued to the Company U.S. Patent No. 8,119,639, titled Method of Therapeutic Administration of DHE to Enable Rapid Relief of Migraine while Minimizing Side Effect Profile.
KiOR Inc (NASDAQ: KIOR) closed at $10.76, climbing 15.08% in Thursday’s trading session. The 52 week trading range for the company is $7.51 - $23.85. KiOR is development- stage company. KiOR is a renewable fuels company, which has developed a technology platform to convert non-food biomass into hydrocarbon-based oil.
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800-665-0411 - Source - www.Investorideas.com
Thursday, March 22, 2012
Investorideas.com Recent Series on Energy and Water covers Frac Water Treatment
New York NY- March 22 2012 – Investorideas.com, a leader in sector research including water stocks has updated the water stocks directory of almost four hundred publicly traded water stocks for World Water Day.
World Water Day is held annually on 22 March to place attention on the importance of freshwater and advocating for the sustainable management of freshwater resources.
Investorideas.com is one of a limited number of investing sites covering the water sector and provides investors with industry commentary, interviews with management and leading experts and a growing list of stocks on global stock exchanges.
Investorideas.com most recent series on energy and water covers solutions and technology for frac water treatment.
Recent Articles :
Energy and Water Series; Q&A Interview with Jud Hill, Managing Director of NGP Global Adaptation Partners
Energy and Water Series; Q&A Interview with GreenHunter Water LLC (AMEX:GRH)
Linkedin.com: Water Stocks - Social network for investors following water stocks
http://www.linkedin.com/e/ez47wj-gp5ofknw-5j/vgh/3966202/
Linkedin.com Energy Stocks- Social network for investors following energy stocks
http://www.linkedin.com/groups/Energy-stocks-News-Social-Network-3799535?trk=myg_ugrp_ovr
Research water stocks with the water stocks directory:
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About InvestorIdeas.com:
InvestorIdeas.com is a leader in investor stock research by sector. Sectors we cover include; cleantech and renewable energy stocks, biotech stocks, mining and gold stocks, energy stocks, water, tech, defense stocks, nanotech, agriculture and gaming.
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Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by news submissions and online advertising. Compensation Disclosure and disclaimers: www.InvestorIdeas.com/About/Disclaimer.asp, http://www.investorideas.com/About/News/Clientspecifics.asp . No disclosure to report
BC Residents and Investor Disclaimer : Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
For More Information Contact:
800 665 0411
Source: Water-Stocks.com, Investorideas.com
New York NY- March 22 2012 – Investorideas.com, a leader in sector research including water stocks has updated the water stocks directory of almost four hundred publicly traded water stocks for World Water Day.
World Water Day is held annually on 22 March to place attention on the importance of freshwater and advocating for the sustainable management of freshwater resources.
Investorideas.com is one of a limited number of investing sites covering the water sector and provides investors with industry commentary, interviews with management and leading experts and a growing list of stocks on global stock exchanges.
Investorideas.com most recent series on energy and water covers solutions and technology for frac water treatment.
Recent Articles :
Energy and Water Series; Q&A Interview with Jud Hill, Managing Director of NGP Global Adaptation Partners
Energy and Water Series; Q&A Interview with GreenHunter Water LLC (AMEX:GRH)
Linkedin.com: Water Stocks - Social network for investors following water stocks
http://www.linkedin.com/e/ez47wj-gp5ofknw-5j/vgh/3966202/
Linkedin.com Energy Stocks- Social network for investors following energy stocks
http://www.linkedin.com/groups/Energy-stocks-News-Social-Network-3799535?trk=myg_ugrp_ovr
Research water stocks with the water stocks directory:
http://www.investorideas.com/Water-Stocks/Stock_List.asp
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About InvestorIdeas.com:
InvestorIdeas.com is a leader in investor stock research by sector. Sectors we cover include; cleantech and renewable energy stocks, biotech stocks, mining and gold stocks, energy stocks, water, tech, defense stocks, nanotech, agriculture and gaming.
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Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by news submissions and online advertising. Compensation Disclosure and disclaimers: www.InvestorIdeas.com/About/Disclaimer.asp, http://www.investorideas.com/About/News/Clientspecifics.asp . No disclosure to report
BC Residents and Investor Disclaimer : Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
For More Information Contact:
800 665 0411
Source: Water-Stocks.com, Investorideas.com
Solar News: BUYINS.NET Issues Salamon Group (OTCQB:SLMU) SqueezeTrigger Report
NEWPORT BEACH, Calif. - March 22, 2012 (Investorideas.com renewable energy newswire) BUYINS.NET, http://www.buyins.net, a leading provider of Regulation SHO compliance monitoring, short sale trading statistics and market integrity surveillance, has initiated coverage on Salamon Group (OTCQB: SLMU) after releasing the latest short sale data through March 20, 2012. The total aggregate number of shares shorted since March 2010 is approximately 35.25 million shares. Approximately 47.15% of daily trading volume is short selling. The SqueezeTrigger price for all (OTC:SLMU.PK) shares shorted is $.1767. A short squeeze has begun as SLMU is above the $.1767 SqueezeTrigger Price.
Click here to view Report: http://www.buyins.com/reports/slmu3-21-12.pdf
Click here for SqueezeTrigger: http://www.buyins.com/images/slmustr3-21-12.jpg
Click here for Friction Factor: http://www.buyins.com/images/slmuff3-21-12.jpg
Friction Factor calculates if a fair market is being made in the shares of SLMU. 54% of the previous 37 trading days have been positive or bullish-biased and 46% have been negative or bearish-biased.
Regulation SHO requires bona-fide market-making activities to include making purchases and sales in roughly comparable amounts. The Commission has stated that bona-fide market-making DOES NOT include activity that is related to speculative selling strategies or investment purposes of the broker-dealer and is disproportionate to the usual market making patterns or practices of the broker-dealer in that security. Likewise, where a market-maker posts continually at or near the best offer, but does not also post at or near the best bid, the market-maker's activities would not generally qualify as bona-fide market-making. Moreover, a market-maker that continually executes short sales away from its posted quotes would generally not be considered to be engaging in bona-fide market-making.
BUYINS.NET monitors SLMU market-makers daily for compliance with Fair Market-Making Requirements.
About BUYINS.NET
BUYINS.NET, http://www.buyins.net, monitors trading in all US stocks in real time and maintains massive databases of short sale and naked short sale time and sales data, short squeeze SqueezeTrigger prices, market-maker price movements, shareholder data, statistical data on earnings, sector correlation, seasonality, hedge fund trading strategies and comparable valuations. Reports include:
REGULATORY & COMPLIANCE NEWS
Friction Factor -- market-maker surveillance system tracking market makers in all stocks to determine Price Friction and compliance with new "Fair Market-Making Requirements".
RegSHO Naked Shorts -- tracks EVERY failure to deliver in all US stocks and all Threshold Security Lists daily for which stocks have naked short positions.
INVESTMENTS & TRADING
SqueezeTrigger -- 33 billion cell database tracks EVERY short sale (not just total short interest) in all US stocks and calculates volume weighted price that a short squeeze will begin in each stock.
Earnings Edge -- predicts probability, price move and length of move before and after all US stock earnings reports.
Seasonality -- predicts probability, price move and length of move based on exact time of year for all US stocks.
Group Trader -- tracks sector rotation and stock correlation to its sector and predicts future moves in ALL sectors and industry groups.
Pattern Scan -- automates tracking of every technical pattern and predicts next move in stocks.
GATS -- tracks and quantifies known trading strategies.
DISCLAIMER:
BUYINS.NET is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell any securities. SLMU has paid $1,666 per month to purchase data to be provided in twelve monthly reports. SLMU has not approved the statements made in this release. Please read our report and visit our web site, http://www.buyins.net, for complete risks and disclosures.
Contact:
BUYINS.NET
Thomas Ronk
800-715-9999
tom@buyins.net
http://www.buyins.net
Published on Investorideas.com newswire
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Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising. www.InvestorIdeas.com/About/Disclaimer.asp. Disclosure: SLMU is a paid customer on Investorideas,com , publishing press releases and company content on Investorideas.com and our syndicated blogs and global partners effective March 14 ,2012 (three months: one thousand per month and nine thousand equivalent in 144 shares)
BC Residents and Investor Disclaimer : Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
NEWPORT BEACH, Calif. - March 22, 2012 (Investorideas.com renewable energy newswire) BUYINS.NET, http://www.buyins.net, a leading provider of Regulation SHO compliance monitoring, short sale trading statistics and market integrity surveillance, has initiated coverage on Salamon Group (OTCQB: SLMU) after releasing the latest short sale data through March 20, 2012. The total aggregate number of shares shorted since March 2010 is approximately 35.25 million shares. Approximately 47.15% of daily trading volume is short selling. The SqueezeTrigger price for all (OTC:SLMU.PK) shares shorted is $.1767. A short squeeze has begun as SLMU is above the $.1767 SqueezeTrigger Price.
Click here to view Report: http://www.buyins.com/reports/slmu3-21-12.pdf
Click here for SqueezeTrigger: http://www.buyins.com/images/slmustr3-21-12.jpg
Click here for Friction Factor: http://www.buyins.com/images/slmuff3-21-12.jpg
Friction Factor calculates if a fair market is being made in the shares of SLMU. 54% of the previous 37 trading days have been positive or bullish-biased and 46% have been negative or bearish-biased.
Regulation SHO requires bona-fide market-making activities to include making purchases and sales in roughly comparable amounts. The Commission has stated that bona-fide market-making DOES NOT include activity that is related to speculative selling strategies or investment purposes of the broker-dealer and is disproportionate to the usual market making patterns or practices of the broker-dealer in that security. Likewise, where a market-maker posts continually at or near the best offer, but does not also post at or near the best bid, the market-maker's activities would not generally qualify as bona-fide market-making. Moreover, a market-maker that continually executes short sales away from its posted quotes would generally not be considered to be engaging in bona-fide market-making.
BUYINS.NET monitors SLMU market-makers daily for compliance with Fair Market-Making Requirements.
About BUYINS.NET
BUYINS.NET, http://www.buyins.net, monitors trading in all US stocks in real time and maintains massive databases of short sale and naked short sale time and sales data, short squeeze SqueezeTrigger prices, market-maker price movements, shareholder data, statistical data on earnings, sector correlation, seasonality, hedge fund trading strategies and comparable valuations. Reports include:
REGULATORY & COMPLIANCE NEWS
Friction Factor -- market-maker surveillance system tracking market makers in all stocks to determine Price Friction and compliance with new "Fair Market-Making Requirements".
RegSHO Naked Shorts -- tracks EVERY failure to deliver in all US stocks and all Threshold Security Lists daily for which stocks have naked short positions.
INVESTMENTS & TRADING
SqueezeTrigger -- 33 billion cell database tracks EVERY short sale (not just total short interest) in all US stocks and calculates volume weighted price that a short squeeze will begin in each stock.
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BC Residents and Investor Disclaimer : Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
Wednesday's OTC Penny Stocks % Winners: (OTC: SKGP), (OTC: NEOM), (OTC: NXOI) (OTC: SOYL)
New York, NY - March 22, 2012 (Investorideas.com newswire) www.InvestorIdeas.com, a global investor research portal for independent investors, reports on top percentage gainers on the OTCBB for Wednesday March 21st.
Smart Kids Group Inc. (OTC:SKGP) was the biggest gainer and added 0.0480 (184.62%) to close at $0.0740 on above average volume. The company announced that it received a $20 million Reserve Equity Financing from AGS Capital Group, LLC, a US based specialist investor group, to fund several key acquisitions.
NeoMedia Technologies, Inc.(OTC:NEOM) shares continued to move higher and gained another 0.0133 (67.51%) to close at $0.0330, extending its weekly gains to over 167% in increased volume.Last week, the company introduced updated NeoReader® barcode-scanning software applications for the Apple iOS, Android, Blackberry, Symbian and Windows 7 Phone users.
Next 1 Interactive, Inc. (OTC:NXOI) shares gained 0.0002 (25.00%) to close at $0.0010 on over 51.83 million shares. Next 1 Interactive is focused on real estate and travel. The Company delivers targeted content via digital platforms, including satellite, cable, broadcast, and broadband, Web, print and mobile.
American Soil Technologies, Inc. (OTC:SOYL) climbed 0.0048 (96.00%) to end at $0.0098. American Soil develops, manufactures, on an outsourced basis and markets technology that decreases the need for water and improves the soil in the Green Industry consisting of agriculture, turf and horticulture.
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BC Residents and Investor Disclaimer: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
Source - Investorideas.com
800-665-0411 - cvanzant@investorideas.com
New York, NY - March 22, 2012 (Investorideas.com newswire) www.InvestorIdeas.com, a global investor research portal for independent investors, reports on top percentage gainers on the OTCBB for Wednesday March 21st.
Smart Kids Group Inc. (OTC:SKGP) was the biggest gainer and added 0.0480 (184.62%) to close at $0.0740 on above average volume. The company announced that it received a $20 million Reserve Equity Financing from AGS Capital Group, LLC, a US based specialist investor group, to fund several key acquisitions.
NeoMedia Technologies, Inc.(OTC:NEOM) shares continued to move higher and gained another 0.0133 (67.51%) to close at $0.0330, extending its weekly gains to over 167% in increased volume.Last week, the company introduced updated NeoReader® barcode-scanning software applications for the Apple iOS, Android, Blackberry, Symbian and Windows 7 Phone users.
Next 1 Interactive, Inc. (OTC:NXOI) shares gained 0.0002 (25.00%) to close at $0.0010 on over 51.83 million shares. Next 1 Interactive is focused on real estate and travel. The Company delivers targeted content via digital platforms, including satellite, cable, broadcast, and broadband, Web, print and mobile.
American Soil Technologies, Inc. (OTC:SOYL) climbed 0.0048 (96.00%) to end at $0.0098. American Soil develops, manufactures, on an outsourced basis and markets technology that decreases the need for water and improves the soil in the Green Industry consisting of agriculture, turf and horticulture.
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Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising . www.InvestorIdeas.com/About/Disclaimer.asp
BC Residents and Investor Disclaimer: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
Source - Investorideas.com
800-665-0411 - cvanzant@investorideas.com
Wednesday's NASDAQ Top Percentage Winners: ASGN, SEED, PWAV, SYNC
New York, NY - March 22, 2012 - www.InvestorIdeas.com, a global investor research portal for independent investors, reports on top percentage gainers on the NASDAQ for Wednesday March 21st. The Nasdaq Composite ended slightly higher at 3,075.32.
On Assignment, Inc. (NASDAQ: ASGN) closed at $17.32 after surging 26.61% in the previous trading session after the company announced that it has signed a definitive agreement to acquire Apex Systems Inc. The acquisition is expected to significantly boost the company's earnings per share, on both a GAAP and cash EPS basis, in 2012 and moving forward. On a pro forma basis, 2011 revenue of the combined entity was $1.3 billion.
Origin Agritech Ltd. (NASDAQ: SEED) shares gained 22.62% to close at $3.09 on high volume after analyst at Monness, Crespi, Hardt & Co. said the company is near to becoming the first to win approval to sell genetically modified seeds in China.
Powerwave Technologies, Inc. (NASDAQ: PWAV) shares moved up over 22% to close at $2.27. The stock has bounced back about 100% from its current year low of $1.13 in Mid February.
Synacor Inc (NASDAQ: SYNC) closed at $7.05 in the last trading session. On March 12, 2012, the company reported fourth-quarter net income of $1.0 million or $0.34 per share, as compared to a net loss of $0.4 million or $0.19 per share last year. Revenue increased 59% to $28.9 million from $18.2 million in the same period last year.
Looking forward to the first quarter of fiscal 2012, the company projected revenues in the range of $29.0 million to $29.5 million. For the complete fiscal 2012, it forecasts revenues of $121.0 million-$124.0 million.
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New York, NY - March 22, 2012 - www.InvestorIdeas.com, a global investor research portal for independent investors, reports on top percentage gainers on the NASDAQ for Wednesday March 21st. The Nasdaq Composite ended slightly higher at 3,075.32.
On Assignment, Inc. (NASDAQ: ASGN) closed at $17.32 after surging 26.61% in the previous trading session after the company announced that it has signed a definitive agreement to acquire Apex Systems Inc. The acquisition is expected to significantly boost the company's earnings per share, on both a GAAP and cash EPS basis, in 2012 and moving forward. On a pro forma basis, 2011 revenue of the combined entity was $1.3 billion.
Origin Agritech Ltd. (NASDAQ: SEED) shares gained 22.62% to close at $3.09 on high volume after analyst at Monness, Crespi, Hardt & Co. said the company is near to becoming the first to win approval to sell genetically modified seeds in China.
Powerwave Technologies, Inc. (NASDAQ: PWAV) shares moved up over 22% to close at $2.27. The stock has bounced back about 100% from its current year low of $1.13 in Mid February.
Synacor Inc (NASDAQ: SYNC) closed at $7.05 in the last trading session. On March 12, 2012, the company reported fourth-quarter net income of $1.0 million or $0.34 per share, as compared to a net loss of $0.4 million or $0.19 per share last year. Revenue increased 59% to $28.9 million from $18.2 million in the same period last year.
Looking forward to the first quarter of fiscal 2012, the company projected revenues in the range of $29.0 million to $29.5 million. For the complete fiscal 2012, it forecasts revenues of $121.0 million-$124.0 million.
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Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising . www.InvestorIdeas.com/About/Disclaimer.asp
800-665-0411 - Source - www.Investorideas.com
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