Renewable Energy Stock to Watch; Battery Maker A123 (NASDAQ:AONE) Recovers from Lows
April 5, 2012 - (Investorideas.com renewable energy/green newswire) Investorideas.com, a leader in renewable energy stock research, releases a trading alert for battery stock, A123 Systems, Inc. (NasdaqGS:AONE). After the stock had been beaten down recently to a low of under $1.00, it is bouncing today, trading at $1.0310, up 0.2109 (25.72%) on over 5.8 Million shares.
Bloomberg put out an article yesterday that the electric vehicle industry is being recharged with high gas prices. A123 Systems stock has a 52 week range of $0.82 - 6.39.
Investorideas.com Newswire
A123 Systems, Inc. (NASDAQ:AONE) is a leading developer and manufacturer of advanced lithium ion batteries and energy storage systems for transportation, electric grid and commercial applications. The company's proprietary Nanophosphate® lithium iron phosphate technology is built on novel nanoscale materials initially developed at the Massachusetts Institute of Technology and is designed to deliver high power and energy density, increased safety and extended life. A123 leverages breakthrough technology, high-quality manufacturing and expert systems integration capabilities to deliver innovative solutions that enable customers to bring next-generation products to market. For additional information please visit www.a123systems.com.
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Thursday, April 05, 2012
Wednesday's TSX Top % Gainers: (TSX: TW), (TSX: IAM), (TSX: IM), (TSX: ICP)
New York, NY - April 5, 2012 - www.InvestorIdeas.com, a leader in sector research for independent investors issues a trading alert for TSX percentage gainers for April 04, 2012. The Standard & Poor's/TSX Composite Index slid 144.95 (-1.18%) to close at 12,178.66.
20-20 Technologies (TSX: TWT) soared 0.74 (23.72%) to C$3.86 after hitting an all-time high of C$3.97 earlier in the session. The company said that it has initiated a strategic review to boost shareholder value.
Integrated Asset Management Corp. (TSX: IAM) shares rose 0.080 (12.90%) to close at C$0.70 without any official news. Integrated Asset Management Corp. is an alternative asset management company. It offers alternative asset management to institutional, pension funds and private clients.
IMRIS Inc (TSX: IM) added 0.22 (6.75%) to close at C$3.48 on over 340K shares, compared to its average volume of 36K shares. IMRIS Inc. designs, manufactures and markets fully integrated image-guided therapy solutions that deliver information to clinicians for use during surgical or interventional procedures.
IC Potash Corp. (TSX: ICP) gained 0.06 (6.38%) to end at C$1.00. On Monday, the stock was up about 17% after Yara International ASA said that it will invest C$40 million in IC Potash at C$1.32 a share. IC Potash Corp. (IC Potash) exploration-stage Company. The Company is engaged in the acquisition and exploration of exploration and evaluation asset.
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New York, NY - April 5, 2012 - www.InvestorIdeas.com, a leader in sector research for independent investors issues a trading alert for TSX percentage gainers for April 04, 2012. The Standard & Poor's/TSX Composite Index slid 144.95 (-1.18%) to close at 12,178.66.
20-20 Technologies (TSX: TWT) soared 0.74 (23.72%) to C$3.86 after hitting an all-time high of C$3.97 earlier in the session. The company said that it has initiated a strategic review to boost shareholder value.
Integrated Asset Management Corp. (TSX: IAM) shares rose 0.080 (12.90%) to close at C$0.70 without any official news. Integrated Asset Management Corp. is an alternative asset management company. It offers alternative asset management to institutional, pension funds and private clients.
IMRIS Inc (TSX: IM) added 0.22 (6.75%) to close at C$3.48 on over 340K shares, compared to its average volume of 36K shares. IMRIS Inc. designs, manufactures and markets fully integrated image-guided therapy solutions that deliver information to clinicians for use during surgical or interventional procedures.
IC Potash Corp. (TSX: ICP) gained 0.06 (6.38%) to end at C$1.00. On Monday, the stock was up about 17% after Yara International ASA said that it will invest C$40 million in IC Potash at C$1.32 a share. IC Potash Corp. (IC Potash) exploration-stage Company. The Company is engaged in the acquisition and exploration of exploration and evaluation asset.
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Wednesday's NASDAQ Top % Winners: CLNT, HEAT, MAGS, PMCS
New York, NY - April 5, 2012 - www.InvestorIdeas.com, a global investor research portal for independent investors, reports on top percentage gainers on the NASDAQ for Wednesday April 04th. The Nasdaq Composite ended lower by 45.48 (-1.46%) to close at 3,068.09.
Cleantech Solutions International Inc. (NASDAQ:CLNT) shares soared 157.82% and closed at $5.67. The stock is on the run in today's morning trading, up another 50%. The Company manufactures metal components and assemblies, primarily used in the wind power, solar and other clean technology industries.
On March29, 2012, the company had reported a sharp decline in fourth quarter profit as revenues decreased 38.9%. The company posted a fourth quarter net profit of$0.79 million or $0.39 per share, as compared to $3.13 million or $1.69 per share last year. Total revenue dropped 38.89% to $13.7 million from $22.5 million last year.
SmartHeat Inc (NASDAQ:HEAT) shares climbed 46.29% and closed at $7 without any news. Later on, company said that it didn't find any reason for an unusual rise in its share price.
Earlier this week, the company had reported a fourth-quarter loss primarily due to write-downs in two recently acquired businesses. The company posted a fourth-quarter loss of $9.6 million, which included $9 million in write-downs. Revenue declined to $33.7 million in the latest quarter as China's fiscal tightening measures pressured the company's top line.
Magal Security Systems Ltd. ( USA) (NASDAQ:MAGS) shares gained 19.08% and closed at $5.43. The company also touched its 52 week high at $6.46 yesterday after the company reported fourth quarter profit as compared to a loss in the year ago period, as revenues more than doubled.
The company reported a fourth-quarter net profit of $4.26 million or $0.27 per share, as compared to a net loss of $1.48 million or $0.14 per share last year. Total revenues for the quarter surged 122.9% to $33.73 million from $15.13 million in the prior-year quarter.
PMC-Sierra, Inc. (NASDAQ:PMCS) shares jumped 8.46% and closed at $7.69 after Reuters reported that the company has held talks with potential buyers. Goldman Sachs is advising PMC on its strategic options, which could include a sale. In January, investor Ralph Whitworth, founder of Relational Investors, disclosed in a filing with regulators that the firm had bought a 7.17% stake in PMC.
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New York, NY - April 5, 2012 - www.InvestorIdeas.com, a global investor research portal for independent investors, reports on top percentage gainers on the NASDAQ for Wednesday April 04th. The Nasdaq Composite ended lower by 45.48 (-1.46%) to close at 3,068.09.
Cleantech Solutions International Inc. (NASDAQ:CLNT) shares soared 157.82% and closed at $5.67. The stock is on the run in today's morning trading, up another 50%. The Company manufactures metal components and assemblies, primarily used in the wind power, solar and other clean technology industries.
On March29, 2012, the company had reported a sharp decline in fourth quarter profit as revenues decreased 38.9%. The company posted a fourth quarter net profit of$0.79 million or $0.39 per share, as compared to $3.13 million or $1.69 per share last year. Total revenue dropped 38.89% to $13.7 million from $22.5 million last year.
SmartHeat Inc (NASDAQ:HEAT) shares climbed 46.29% and closed at $7 without any news. Later on, company said that it didn't find any reason for an unusual rise in its share price.
Earlier this week, the company had reported a fourth-quarter loss primarily due to write-downs in two recently acquired businesses. The company posted a fourth-quarter loss of $9.6 million, which included $9 million in write-downs. Revenue declined to $33.7 million in the latest quarter as China's fiscal tightening measures pressured the company's top line.
Magal Security Systems Ltd. ( USA) (NASDAQ:MAGS) shares gained 19.08% and closed at $5.43. The company also touched its 52 week high at $6.46 yesterday after the company reported fourth quarter profit as compared to a loss in the year ago period, as revenues more than doubled.
The company reported a fourth-quarter net profit of $4.26 million or $0.27 per share, as compared to a net loss of $1.48 million or $0.14 per share last year. Total revenues for the quarter surged 122.9% to $33.73 million from $15.13 million in the prior-year quarter.
PMC-Sierra, Inc. (NASDAQ:PMCS) shares jumped 8.46% and closed at $7.69 after Reuters reported that the company has held talks with potential buyers. Goldman Sachs is advising PMC on its strategic options, which could include a sale. In January, investor Ralph Whitworth, founder of Relational Investors, disclosed in a filing with regulators that the firm had bought a 7.17% stake in PMC.
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Wednesday, April 04, 2012
TSX Stocks to Watch; Tuesday’s Top Gainers: TSX: LMA, TSX: RON, TSX: PVG, TSX: SXC
New York, NY, April 04, 2012 - www.InvestorIdeas.com, a leader in sector research for independent investors issues a trading alert for TSX percentage gainers for April 03, 2012. The Standard & Poor's/TSX Composite Index fell 183.45 (-1.47%) to close at 12,323.61.
La Mancha Resources, Inc. (TSX: LMA) added 0.58 (17.74%) to close at C$3.85 without any official news. So far this year, La Mancha has outperformed the broader market gaining over 40% year-to-date. La Mancha Resources is a gold producer with operations, development projects and exploration activities in Africa, Australia and Argentina.
RONA Inc. (TSX: RON) shares climbed 1.13 (12.09%) to end at C$10.48 on speculation that Lowe’s Companies, Inc. (NYSE:LOW) might be interested in buying the Canadian chain. However late Tuesday, the company denied such reports, stating that RONA is not for sale and it is not presently of the view that a combination with another corporation
Pretium Resources Inc (TSX: PVG) rose 0.94 (6.69%) to close at C$15.00 on over 994K shares, compared to its average volume of 774K shares. The company posted a high-grade mineral resource estimate for its Brucejack project in northern British Columbia.
SXC Health Solutions, Corp.(TSX:SXC) gained 4.66 (6.34%) to end at C$78.13 after analysts at JMP Securities remarked that the pharmacy benefits manager was chosen to handle Indiana’s Medicaid program and the contract may be worth $32 million.
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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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New York, NY, April 04, 2012 - www.InvestorIdeas.com, a leader in sector research for independent investors issues a trading alert for TSX percentage gainers for April 03, 2012. The Standard & Poor's/TSX Composite Index fell 183.45 (-1.47%) to close at 12,323.61.
La Mancha Resources, Inc. (TSX: LMA) added 0.58 (17.74%) to close at C$3.85 without any official news. So far this year, La Mancha has outperformed the broader market gaining over 40% year-to-date. La Mancha Resources is a gold producer with operations, development projects and exploration activities in Africa, Australia and Argentina.
RONA Inc. (TSX: RON) shares climbed 1.13 (12.09%) to end at C$10.48 on speculation that Lowe’s Companies, Inc. (NYSE:LOW) might be interested in buying the Canadian chain. However late Tuesday, the company denied such reports, stating that RONA is not for sale and it is not presently of the view that a combination with another corporation
Pretium Resources Inc (TSX: PVG) rose 0.94 (6.69%) to close at C$15.00 on over 994K shares, compared to its average volume of 774K shares. The company posted a high-grade mineral resource estimate for its Brucejack project in northern British Columbia.
SXC Health Solutions, Corp.(TSX:SXC) gained 4.66 (6.34%) to end at C$78.13 after analysts at JMP Securities remarked that the pharmacy benefits manager was chosen to handle Indiana’s Medicaid program and the contract may be worth $32 million.
About InvestorIdeas.com: Big Ideas for small cap Investors
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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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: HEAT, CONN, TZYM, YONG
New York, NY - April 4, 2012 - www.InvestorIdeas.com, a global investor research portal for independent investors, reports on top percentage gainers on the NASDAQ for Tuesday April 03rd. The Nasdaq Composite ended lower by 6.13 (0.20%) to close at 3,113.57.
SmartHeat Inc. (NASDAQ:HEAT) shares soared 91.61% to $5.25 in Tuesday's trading session despite the company reported a fourth-quarter loss primarily due to write-downs in two recently acquired businesses. However, the company said a slowdown in the end-market demand would be temporary and also promised a rigorous program of cost cutting to maintain control of its budget.
The company posted a fourth-quarter loss of $9.6 million, which included $9 million in write-downs. Revenue declined to $33.7 million in the latest quarter as China's fiscal tightening measures pressured the company's top line.
CONN'S, Inc. (NASDAQ:CONN) reported a profit in its fiscal fourth quarter results thanks to higher average selling price, which led to improved margins. Shares of the company soared 15.52% and closed at $19.05. During the latest quarter, the company reported a profit of $7.7 million, or $0.24 a share, as compared to a year-ago loss of $3.6 million, or $0.12 a share. Revenue increased 3.7% to $226.7 million. Analysts projected revenue of $222 million Looking forward, the company expects fiscal 2013 diluted EPS of $1.20 to $1.30. Analysts are expecting the company to report EPS of $1.11.
Tranzyme Inc. (NASDAQ:TZYM) climbed 14.29% to end at $2.96 after analysts at JMP Securities maintained their "outperform" rating on the stock. The company is a clinical-stage bio-pharmaceutical company focused on discovering, developing and commercializing small molecule therapeutics for the treatment of acute and chronic GI motility disorders.
Yongye International Inc. (NASDAQ:YONG) jumped 13.18% to close at $3.52 after the company provided an update on accounts receivable collection for the quarter ended March 31, 2012.
The company has collected $140 million of $154 million accounts receivable during the first quarter of 2012. Additionally, the company has taken measures to increase its collection efforts and closely monitor its distributors' financial status, and expects to collect the remaining accounts receivable balance in the second quarter of 2012.
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New York, NY - April 4, 2012 - www.InvestorIdeas.com, a global investor research portal for independent investors, reports on top percentage gainers on the NASDAQ for Tuesday April 03rd. The Nasdaq Composite ended lower by 6.13 (0.20%) to close at 3,113.57.
SmartHeat Inc. (NASDAQ:HEAT) shares soared 91.61% to $5.25 in Tuesday's trading session despite the company reported a fourth-quarter loss primarily due to write-downs in two recently acquired businesses. However, the company said a slowdown in the end-market demand would be temporary and also promised a rigorous program of cost cutting to maintain control of its budget.
The company posted a fourth-quarter loss of $9.6 million, which included $9 million in write-downs. Revenue declined to $33.7 million in the latest quarter as China's fiscal tightening measures pressured the company's top line.
CONN'S, Inc. (NASDAQ:CONN) reported a profit in its fiscal fourth quarter results thanks to higher average selling price, which led to improved margins. Shares of the company soared 15.52% and closed at $19.05. During the latest quarter, the company reported a profit of $7.7 million, or $0.24 a share, as compared to a year-ago loss of $3.6 million, or $0.12 a share. Revenue increased 3.7% to $226.7 million. Analysts projected revenue of $222 million Looking forward, the company expects fiscal 2013 diluted EPS of $1.20 to $1.30. Analysts are expecting the company to report EPS of $1.11.
Tranzyme Inc. (NASDAQ:TZYM) climbed 14.29% to end at $2.96 after analysts at JMP Securities maintained their "outperform" rating on the stock. The company is a clinical-stage bio-pharmaceutical company focused on discovering, developing and commercializing small molecule therapeutics for the treatment of acute and chronic GI motility disorders.
Yongye International Inc. (NASDAQ:YONG) jumped 13.18% to close at $3.52 after the company provided an update on accounts receivable collection for the quarter ended March 31, 2012.
The company has collected $140 million of $154 million accounts receivable during the first quarter of 2012. Additionally, the company has taken measures to increase its collection efforts and closely monitor its distributors' financial status, and expects to collect the remaining accounts receivable balance in the second quarter of 2012.
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Biotech Alert: PositiveID (OTCBB: PSID); Big Ambitions for Biodefense and Diabetes Markets for 2012
New York, NY - April 4, 2012 - (Investorideas.com Newswire) Investorideas.com, a leader in research for independent investors presents its second exclusive Q&A interview with Medical technology stock, PositiveID Corporation (OTCBB: PSID). Mr. William J. Caragol, Chairman and Chief Executive Officer, illuminates on the first quarter operational highlights that have positioned the Company in the diabetes and biodefense markets for 2012.
Q: Investorideas.com
Mr. Caragol, the biggest opportunity currently in front of your company for 2012 and beyond is theDepartment of Homeland Security's $3.1 billion BioWatch Gen-3 contract for your M-BAND airborne bio-threat detection system. Skeptical investors would ask how a small company like yours realistically plans to gain a piece of this high profile deal. Can you elaborate on what makes your technology a game changer and what your business strategy has been for entering in the defense playing field?
A: Mr. William J. Caragol, Chairman and Chief Executive Officer
By way of background, PositiveID's M-BAND, developed under contract for the Department of Homeland Security over the past eight years by our Microfluidic Systems (MFS) subsidiary, is an early warning system designed to detect the intentional release of aerosolized biological agents. It runs autonomously for up to 30 days, which is longer than competing systems, and continuously analyzes air samples, typically in high-traffic areas, for the detection of bacteria, viruses, and toxins with results in as little as three hours. Results from individual M-BAND instruments are reported via a secure wireless network in real time to give an accurate and up to date status for fielded instruments in aggregate.
We believe we are well positioned for Gen-3 of Biowatch, as M-BAND is one of only two technologies that are compatible with DHS' procurement for Gen-3 of Biowatch, which has a total value of more than $3 billion over approximately five years. This opportunity represents a very significant opportunity for PositiveID as the owner of the M-BAND technology. In order to effectively compete for this draft RFP, expected later this year, we plan to partner with much larger organizations including manufacturers and systems integrators that are well versed in government procurements.
Q: Investorideas.com
What has been put in place for the diabetes management products, Easy Check(TM) and GlucoChip(TM) for the first quarter and how will these developments change the complexion of the Company for 2012?
A: Mr. William J. Caragol, Chairman and Chief Executive Officer
As you know, diabetes continues to grow to epidemic proportions both in the U.S. and across the globe. An estimated 26 million children and adults in the United States and more than 346 million people worldwide are believed to have the disease. The pain and inconvenience associated with drawing blood each time a blood sugar reading is needed is one of the causes of poor patient compliance with diabetes management. Therefore, we believe providing a non-invasive measurement of blood glucose or an in vivo glucose-sensing system for people with diabetes could vastly improve disease management and health outcomes, and thereby decrease costs to the healthcare system.
To that end, in the first quarter we made significant progress with both Easy Check and GlucoChip. Easy Check is a non-invasive breath glucose detection device that measures the level of acetone in a diabetic patient's exhaled breath and correlates that acetone level to a measure of blood glucose. In February, we commenced our first clinical trial of Easy Check, which is being held at Schneider Children's Medical Center in Israel, a preeminent research hospital, and is initially focused on people with type 1 diabetes. If we are successful with our continued development of Easy Check and bring this product to market, Easy Check could eliminate the need for a person with diabetes to prick his or her finger in order to get a blood glucose measurement.
GlucoChip is a continuous glucose-sensing microchip currently under development with our partner RECEPTORS LLC. In March, we announced we completed the first-in-class development of the glucose-sensing system – a fully synthetic, stable, sensitive, selective sensing system that is responsive to glucose in human plasma. This is a key milestone in our development of GlucoChip and is considered to be a critical step in the development of an artificial pancreas for people with type 1 diabetes.
Q: Investorideas.com
The Company was granted the U.S. Patent for first-of-its-kind Dragonfly detection system for molecular biological diagnostics. What is the significance of this to the Company in the short and long term?
A: Mr. William J. Caragol, Chairman and Chief Executive Officer
Dragonfly is basically a miniaturized version of our M-BAND system, or a “lab in a box” as we call it. Dragonfly delivers molecular diagnostic results, which are very specific and highly accurate, from a patient sample in less than 30 minutes at the point-of-care. The benefit of Dragonfly is that tests do not have to be sent out and performed at other labs with expensive equipment and healthcare professionals and patients do not have to wait days or longer for test results and proper treatment. Put simply, Dragonfly enables accurate diagnostics leading to the potential treatment scenarios at the point of care that are not possible with existing systems.
PositiveID believes its Dragonfly technology, which has been proven for illnesses such as influenza, MRSA, human papilloma virus (HPV) and others, will help the Company break into the clinical diagnostic market and create important partnership opportunities.
Q: Investorideas.com
In closing, referencing back to the first question of how a small company like PositiveID has positioned itself in two very significant market opportunities in biodefense and diabetes, the biggest question is always how does a small company not get eaten by the giants in the process
A: Mr. William J. Caragol, Chairman and Chief Executive Officer
PositiveID is a small, but innovative, technology development company. We look to acquire interesting and promising intellectual property, and develop those exciting technologies for unmet market needs. Once the development of any or all of our technologies is complete and products are ready for commercialization, we look to partner with the appropriate organizations to maximize the opportunities at hand.
About PositiveID Corporation
PositiveID Corporation is an emerging growth company and 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.
Learn more about PSID at Investorideas.com
http://www.investorideas.com/CO/PSID/
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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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
Contact Investorideas.com 800 665 0411
Or
For info on the Company 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
New York, NY - April 4, 2012 - (Investorideas.com Newswire) Investorideas.com, a leader in research for independent investors presents its second exclusive Q&A interview with Medical technology stock, PositiveID Corporation (OTCBB: PSID). Mr. William J. Caragol, Chairman and Chief Executive Officer, illuminates on the first quarter operational highlights that have positioned the Company in the diabetes and biodefense markets for 2012.
Q: Investorideas.com
Mr. Caragol, the biggest opportunity currently in front of your company for 2012 and beyond is theDepartment of Homeland Security's $3.1 billion BioWatch Gen-3 contract for your M-BAND airborne bio-threat detection system. Skeptical investors would ask how a small company like yours realistically plans to gain a piece of this high profile deal. Can you elaborate on what makes your technology a game changer and what your business strategy has been for entering in the defense playing field?
A: Mr. William J. Caragol, Chairman and Chief Executive Officer
By way of background, PositiveID's M-BAND, developed under contract for the Department of Homeland Security over the past eight years by our Microfluidic Systems (MFS) subsidiary, is an early warning system designed to detect the intentional release of aerosolized biological agents. It runs autonomously for up to 30 days, which is longer than competing systems, and continuously analyzes air samples, typically in high-traffic areas, for the detection of bacteria, viruses, and toxins with results in as little as three hours. Results from individual M-BAND instruments are reported via a secure wireless network in real time to give an accurate and up to date status for fielded instruments in aggregate.
We believe we are well positioned for Gen-3 of Biowatch, as M-BAND is one of only two technologies that are compatible with DHS' procurement for Gen-3 of Biowatch, which has a total value of more than $3 billion over approximately five years. This opportunity represents a very significant opportunity for PositiveID as the owner of the M-BAND technology. In order to effectively compete for this draft RFP, expected later this year, we plan to partner with much larger organizations including manufacturers and systems integrators that are well versed in government procurements.
Q: Investorideas.com
What has been put in place for the diabetes management products, Easy Check(TM) and GlucoChip(TM) for the first quarter and how will these developments change the complexion of the Company for 2012?
A: Mr. William J. Caragol, Chairman and Chief Executive Officer
As you know, diabetes continues to grow to epidemic proportions both in the U.S. and across the globe. An estimated 26 million children and adults in the United States and more than 346 million people worldwide are believed to have the disease. The pain and inconvenience associated with drawing blood each time a blood sugar reading is needed is one of the causes of poor patient compliance with diabetes management. Therefore, we believe providing a non-invasive measurement of blood glucose or an in vivo glucose-sensing system for people with diabetes could vastly improve disease management and health outcomes, and thereby decrease costs to the healthcare system.
To that end, in the first quarter we made significant progress with both Easy Check and GlucoChip. Easy Check is a non-invasive breath glucose detection device that measures the level of acetone in a diabetic patient's exhaled breath and correlates that acetone level to a measure of blood glucose. In February, we commenced our first clinical trial of Easy Check, which is being held at Schneider Children's Medical Center in Israel, a preeminent research hospital, and is initially focused on people with type 1 diabetes. If we are successful with our continued development of Easy Check and bring this product to market, Easy Check could eliminate the need for a person with diabetes to prick his or her finger in order to get a blood glucose measurement.
GlucoChip is a continuous glucose-sensing microchip currently under development with our partner RECEPTORS LLC. In March, we announced we completed the first-in-class development of the glucose-sensing system – a fully synthetic, stable, sensitive, selective sensing system that is responsive to glucose in human plasma. This is a key milestone in our development of GlucoChip and is considered to be a critical step in the development of an artificial pancreas for people with type 1 diabetes.
Q: Investorideas.com
The Company was granted the U.S. Patent for first-of-its-kind Dragonfly detection system for molecular biological diagnostics. What is the significance of this to the Company in the short and long term?
A: Mr. William J. Caragol, Chairman and Chief Executive Officer
Dragonfly is basically a miniaturized version of our M-BAND system, or a “lab in a box” as we call it. Dragonfly delivers molecular diagnostic results, which are very specific and highly accurate, from a patient sample in less than 30 minutes at the point-of-care. The benefit of Dragonfly is that tests do not have to be sent out and performed at other labs with expensive equipment and healthcare professionals and patients do not have to wait days or longer for test results and proper treatment. Put simply, Dragonfly enables accurate diagnostics leading to the potential treatment scenarios at the point of care that are not possible with existing systems.
PositiveID believes its Dragonfly technology, which has been proven for illnesses such as influenza, MRSA, human papilloma virus (HPV) and others, will help the Company break into the clinical diagnostic market and create important partnership opportunities.
Q: Investorideas.com
In closing, referencing back to the first question of how a small company like PositiveID has positioned itself in two very significant market opportunities in biodefense and diabetes, the biggest question is always how does a small company not get eaten by the giants in the process
A: Mr. William J. Caragol, Chairman and Chief Executive Officer
PositiveID is a small, but innovative, technology development company. We look to acquire interesting and promising intellectual property, and develop those exciting technologies for unmet market needs. Once the development of any or all of our technologies is complete and products are ready for commercialization, we look to partner with the appropriate organizations to maximize the opportunities at hand.
About PositiveID Corporation
PositiveID Corporation is an emerging growth company and 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.
Learn more about PSID at Investorideas.com
http://www.investorideas.com/CO/PSID/
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.
Follow Investorideas.com on Twitter http://twitter.com/#!/Investorideas
Follow Investorideas.com on Facebook http://www.facebook.com/Investorideas
Get Free investor news and stock alerts
Sign Up: http://www.investorideas.com/Resources/Newsletter.asp
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
Contact Investorideas.com 800 665 0411
Or
For info on the Company 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, April 03, 2012
Wind Stock Investor Alert; Juhl Wind (OTCBB:JUHL) Reports Total revenue for the year increased 148% to $15,578,000 in 2011
Pipestone, MN - April 3, 2012 - Investorideas.com Renewable Energy Newswire - Wind stock investor alert; Juhl Wind Inc. (OTCBB: JUHL), the Leader in Community Wind Power, today announced its results for the year ended December 31, 2011. The Company posted record revenue and net income results for fiscal year 2011 driven by their continued success in the development and construction of community wind farms. Total revenue for the year increased 148% to $15,578,000 and net income increased 269% to approximately $3,042,000 catapulting the Company to its first ever, full-year positive income results.
"We are obviously very proud of our results for 2011, a year that was truly historic for our company," stated Dan Juhl, Chairman and CEO of Juhl Wind Inc. "Our financial performance was a direct result of our ability to fully develop, arrange financing for and complete construction on seven major wind projects during a very difficult time in our economy, and for the wind industry. We believe these results underscore Juhl Wind's leading position in the renewable energy industry. The completed energy projects include Adams, Danielson, Grant County, Gundersen Lutheran, Valley View, Winona County and Woodstock Municipal. In addition to the completion and startup of these projects, we also retained ownership of Winona and Valley View increasing our position as an owner/operator of wind power and significantly strengthening the asset base of our balance sheet."
"During 2011, we purchased the existing Woodstock Hills wind farm and took ownership of our newly developed Winona County and Valley View projects," added John Mitola, President of Juhl Wind Inc. "Through these acquisitions, we have added $20.7 million of wind farm fixed assets. Our decision to become the owner and operator of these three wind farms is consistent with our stated plan that we will continue to add renewable assets to our balance sheet on an ongoing basis. We hope to make additional progress in this area in 2012 through our attempted acquisition of additional existing wind farms, or new projects that we plan to develop in the second half of the year. We wrapped up 2011 with excellent results represented by a combination of increased revenue and earnings, higher balance sheet cash and significantly greater assets."
Results for the twelve-month period ended December 31, 2011:
Total revenue increased by approximately $9,310,000, or 148.5%, from approximately $6,268,000 for the year ended December 31, 2010, to approximately $15,578,000, for the year ended December 31, 2011. The increase in revenue over the year ended December 31, 2010 is primarily attributable to wind farm development fee revenue earned from five wind farm projects that completed construction and financing arrangements during 2011.
Our operating income increased by approximately $7,634,000, or 278.0%, from an operating loss of approximately $2,746,000 for the year ended December 31, 2010 to operating income of approximately $4,888,000 for the year ended December 31, 2011. The increase in operating income for the year ended December 31, 2011 is primarily attributable to the increase in development fee revenue of $8,033,000 earned from the completion of five wind farm developments.
Net income increased by approximately $4,842,000, or 269.0%, from a net loss of approximately $1,800,000 for the year ended December 31, 2010 to approximately $3,042,000 for the year ended December 31, 2011. The increase in net income over the period ended December 31, 2011 is largely attributable to the increase in revenue sources noted under revenue and operating income sections above.
Basic and diluted net income per share of $0.12 per common share for 2011 compares to the ($0.10) loss per common share for 2010.
As of December 31, 2011, the Company reported it held approximately $6.2 million in the form of cash accounts and short term investments, which includes approximately $382,000 in balances that are restricted by a debt covenant. Our liquidity position was significantly enhanced through generating $5.5 million in Cash flow from Operating Activities.
During 2011, we made equity investments in three wind farms totaling 21.7 MW for a combined investment of approximately $2.3 million. We had not previously owned any wind farms prior to 2011.
A full analysis of results for the period ended December 31, 2011 is available in the Company's Form 10-K, which is available on the Company's website at www.juhlwind.com or through the Securities and Exchange Commission's Edgar database at www.sec.gov.
About Juhl Wind Inc.
Juhl Wind is an established leader in Community Based Wind Power development and management, focused on wind farm projects throughout the United States and Canada. Juhl Wind pioneered Community-Based wind farms, developing the currently accepted financial, operational and legal structure providing local ownership of medium-to-large scale wind farms. To date, the Company has completed 21 wind farm projects totaling 195 MW and provides operations management and oversight across the portfolio. Juhl Wind services every aspect of wind farm development from full development and ownership, general consultation, construction management and system operations and maintenance. With its consolidation of the Valley View, Winona County and Woodstock Hills wind farms, the Company has now invested in and operates 21.7 MWs of wind power through its independent power producer ("IPP") subsidiary, Juhl Renewable Assets, Inc. Through its Juhl Renewable Energy Systems, Inc. ("JRES") and Next Generation Power Systems subsidiaries ("NextGen"), Juhl Wind also provides full sales and service to smaller, on-site wind and solar projects in addition to our larger Community Wind Farms. Juhl Wind is based in Pipestone, Minnesota and is traded on the OTCBB under the symbol "JUHL". Additional information is available at the Company's website at www.juhlwind.com or by calling 877-584-5946 (or 877-JUHLWIN).
Juhl Wind Investor Relations
Jody Janson
Phone: (888) 438-JUHL (5845)
Fax: 585-232-5457
Email: jody@istockdaily.com
FORWARD LOOKING STATEMENTS
This news release includes forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 including statements that reflect Juhl Wind's current expectations about its future results, performance, prospects and opportunities. Juhl Wind has tried to identify these forward-looking statements by using words and phrases such as "may," "will," "expects," "anticipates," "believes," "intends," "estimates," "plans," "should," "typical," "preliminary," "hope," or similar expressions. These forward-looking statements are based on information currently available to Juhl Wind and are subject to a number of risks, uncertainties and other factors that could cause Juhl Wind's actual results, performance, prospects or opportunities to differ materially from those expressed in, or implied by, these forward-looking statements and specifically those statements referring to the projects mentioned herein. New projects are subject to large, third party risks that may not be in control of Juhl Wind including the timing of funding and actual construction. These risks are referenced in Juhl Wind's current 10K or as may be described from time to time in Juhl Wind's subsequent SEC filings; and such factors as incorporated by reference.
Published at the Investorideas.com renewable energy newswire
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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. More info: www.InvestorIdeas.com/About/Disclaimer.asp and disclosures: http://www.investorideas.com/About/News/Clientspecifics.asp . Investorideas.com was compensated one thousand five hundred to publish this news on the Investorideas.com newswire syndicated sites and blogs and email to subscribers by third party IR firm.
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
Pipestone, MN - April 3, 2012 - Investorideas.com Renewable Energy Newswire - Wind stock investor alert; Juhl Wind Inc. (OTCBB: JUHL), the Leader in Community Wind Power, today announced its results for the year ended December 31, 2011. The Company posted record revenue and net income results for fiscal year 2011 driven by their continued success in the development and construction of community wind farms. Total revenue for the year increased 148% to $15,578,000 and net income increased 269% to approximately $3,042,000 catapulting the Company to its first ever, full-year positive income results.
"We are obviously very proud of our results for 2011, a year that was truly historic for our company," stated Dan Juhl, Chairman and CEO of Juhl Wind Inc. "Our financial performance was a direct result of our ability to fully develop, arrange financing for and complete construction on seven major wind projects during a very difficult time in our economy, and for the wind industry. We believe these results underscore Juhl Wind's leading position in the renewable energy industry. The completed energy projects include Adams, Danielson, Grant County, Gundersen Lutheran, Valley View, Winona County and Woodstock Municipal. In addition to the completion and startup of these projects, we also retained ownership of Winona and Valley View increasing our position as an owner/operator of wind power and significantly strengthening the asset base of our balance sheet."
"During 2011, we purchased the existing Woodstock Hills wind farm and took ownership of our newly developed Winona County and Valley View projects," added John Mitola, President of Juhl Wind Inc. "Through these acquisitions, we have added $20.7 million of wind farm fixed assets. Our decision to become the owner and operator of these three wind farms is consistent with our stated plan that we will continue to add renewable assets to our balance sheet on an ongoing basis. We hope to make additional progress in this area in 2012 through our attempted acquisition of additional existing wind farms, or new projects that we plan to develop in the second half of the year. We wrapped up 2011 with excellent results represented by a combination of increased revenue and earnings, higher balance sheet cash and significantly greater assets."
Results for the twelve-month period ended December 31, 2011:
Total revenue increased by approximately $9,310,000, or 148.5%, from approximately $6,268,000 for the year ended December 31, 2010, to approximately $15,578,000, for the year ended December 31, 2011. The increase in revenue over the year ended December 31, 2010 is primarily attributable to wind farm development fee revenue earned from five wind farm projects that completed construction and financing arrangements during 2011.
Our operating income increased by approximately $7,634,000, or 278.0%, from an operating loss of approximately $2,746,000 for the year ended December 31, 2010 to operating income of approximately $4,888,000 for the year ended December 31, 2011. The increase in operating income for the year ended December 31, 2011 is primarily attributable to the increase in development fee revenue of $8,033,000 earned from the completion of five wind farm developments.
Net income increased by approximately $4,842,000, or 269.0%, from a net loss of approximately $1,800,000 for the year ended December 31, 2010 to approximately $3,042,000 for the year ended December 31, 2011. The increase in net income over the period ended December 31, 2011 is largely attributable to the increase in revenue sources noted under revenue and operating income sections above.
Basic and diluted net income per share of $0.12 per common share for 2011 compares to the ($0.10) loss per common share for 2010.
As of December 31, 2011, the Company reported it held approximately $6.2 million in the form of cash accounts and short term investments, which includes approximately $382,000 in balances that are restricted by a debt covenant. Our liquidity position was significantly enhanced through generating $5.5 million in Cash flow from Operating Activities.
During 2011, we made equity investments in three wind farms totaling 21.7 MW for a combined investment of approximately $2.3 million. We had not previously owned any wind farms prior to 2011.
A full analysis of results for the period ended December 31, 2011 is available in the Company's Form 10-K, which is available on the Company's website at www.juhlwind.com or through the Securities and Exchange Commission's Edgar database at www.sec.gov.
About Juhl Wind Inc.
Juhl Wind is an established leader in Community Based Wind Power development and management, focused on wind farm projects throughout the United States and Canada. Juhl Wind pioneered Community-Based wind farms, developing the currently accepted financial, operational and legal structure providing local ownership of medium-to-large scale wind farms. To date, the Company has completed 21 wind farm projects totaling 195 MW and provides operations management and oversight across the portfolio. Juhl Wind services every aspect of wind farm development from full development and ownership, general consultation, construction management and system operations and maintenance. With its consolidation of the Valley View, Winona County and Woodstock Hills wind farms, the Company has now invested in and operates 21.7 MWs of wind power through its independent power producer ("IPP") subsidiary, Juhl Renewable Assets, Inc. Through its Juhl Renewable Energy Systems, Inc. ("JRES") and Next Generation Power Systems subsidiaries ("NextGen"), Juhl Wind also provides full sales and service to smaller, on-site wind and solar projects in addition to our larger Community Wind Farms. Juhl Wind is based in Pipestone, Minnesota and is traded on the OTCBB under the symbol "JUHL". Additional information is available at the Company's website at www.juhlwind.com or by calling 877-584-5946 (or 877-JUHLWIN).
Juhl Wind Investor Relations
Jody Janson
Phone: (888) 438-JUHL (5845)
Fax: 585-232-5457
Email: jody@istockdaily.com
FORWARD LOOKING STATEMENTS
This news release includes forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 including statements that reflect Juhl Wind's current expectations about its future results, performance, prospects and opportunities. Juhl Wind has tried to identify these forward-looking statements by using words and phrases such as "may," "will," "expects," "anticipates," "believes," "intends," "estimates," "plans," "should," "typical," "preliminary," "hope," or similar expressions. These forward-looking statements are based on information currently available to Juhl Wind and are subject to a number of risks, uncertainties and other factors that could cause Juhl Wind's actual results, performance, prospects or opportunities to differ materially from those expressed in, or implied by, these forward-looking statements and specifically those statements referring to the projects mentioned herein. New projects are subject to large, third party risks that may not be in control of Juhl Wind including the timing of funding and actual construction. These risks are referenced in Juhl Wind's current 10K or as may be described from time to time in Juhl Wind's subsequent SEC filings; and such factors as incorporated by reference.
Published at the Investorideas.com renewable energy newswire
Follow Investorideas.com on Twitter http://twitter.com/#!/Investorideas
Follow Investorideas.com on Facebook http://www.facebook.com/Investorideas
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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. More info: www.InvestorIdeas.com/About/Disclaimer.asp and disclosures: http://www.investorideas.com/About/News/Clientspecifics.asp . Investorideas.com was compensated one thousand five hundred to publish this news on the Investorideas.com newswire syndicated sites and blogs and email to subscribers by third party IR firm.
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
Monday's NASDAQ % Winners: CETV, THRX, QUIK, CYBI
New York, NY - April 3, 2012 - www.InvestorIdeas.com, a global investor research portal for independent investors, reports on top percentage gainers on the NASDAQ for Monday April 02nd. The Nasdaq Composite ended higher by 28.13 (0.91%) to close at 3,119.70.
Central European Media Enterprises Ltd. (NASDAQ:CETV) shares soared 19.58% to close at $8.49 on no official news. Yesterday, the company traded on an above average volume of 1.25 million shares, 3x times its average volume... Central European Media Enterprises Ltd. (CME) is a media and entertainment company operating broadcast, content and new media businesses in Central and Eastern Europe.
Theravance Inc (NASDAQ:THRX) climbed 19.44% on an unusual volume of 2.33 million shares, 5x times its average volume in yesterday's trading session. Theravance and GlaxoSmithKline said that they entered into a stock purchase agreement, under which GSK will acquire 10 million shares of Theravance common stock at a price of $21.2887 per share, for a total investment of $212.887 million. After this purchase GSK's ownership of Theravance would increase from approximately 18.3% to approximately 26.8%. Theravance closed at $23.29 in the last trading session.
QuickLogic Corporation (NASDAQ:QUIK) rose 13.19% to close at $3.09. The shares traded on an above average volume of 709k shares, over 5x times its average volume. The shares of the company have declined over 35% in the last one year. QuickLogic Corporation develops and markets semiconductor solutions.
Cybex International, Inc. (NASDAQ:CYBI) shares climbed 12.65% and closed at $2.85. The 52 week trading range for the company is $0.36 - $3.60. The company has soared over 245% in the last one year. Cybex is a manufacturer of exercise equipments. The Company develops, manufactures and markets strength and cardiovascular fitness equipment products for the commercial and consumer markets.
Horizon Pharma Inc (NASDAQ:HZNP) shares climbed 12.20% and closed at $4.14. The company filed a patent infringement lawsuit in the United States District Court for the District of Delaware against Par Pharmaceutical and related to an Abbreviated New Drug Application that Par filed with the U.S. Food and Drug Administration to market a generic version of DUEXIS(R) tablets.
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800-665-0411 - Source - www.Investorideas.com
New York, NY - April 3, 2012 - www.InvestorIdeas.com, a global investor research portal for independent investors, reports on top percentage gainers on the NASDAQ for Monday April 02nd. The Nasdaq Composite ended higher by 28.13 (0.91%) to close at 3,119.70.
Central European Media Enterprises Ltd. (NASDAQ:CETV) shares soared 19.58% to close at $8.49 on no official news. Yesterday, the company traded on an above average volume of 1.25 million shares, 3x times its average volume... Central European Media Enterprises Ltd. (CME) is a media and entertainment company operating broadcast, content and new media businesses in Central and Eastern Europe.
Theravance Inc (NASDAQ:THRX) climbed 19.44% on an unusual volume of 2.33 million shares, 5x times its average volume in yesterday's trading session. Theravance and GlaxoSmithKline said that they entered into a stock purchase agreement, under which GSK will acquire 10 million shares of Theravance common stock at a price of $21.2887 per share, for a total investment of $212.887 million. After this purchase GSK's ownership of Theravance would increase from approximately 18.3% to approximately 26.8%. Theravance closed at $23.29 in the last trading session.
QuickLogic Corporation (NASDAQ:QUIK) rose 13.19% to close at $3.09. The shares traded on an above average volume of 709k shares, over 5x times its average volume. The shares of the company have declined over 35% in the last one year. QuickLogic Corporation develops and markets semiconductor solutions.
Cybex International, Inc. (NASDAQ:CYBI) shares climbed 12.65% and closed at $2.85. The 52 week trading range for the company is $0.36 - $3.60. The company has soared over 245% in the last one year. Cybex is a manufacturer of exercise equipments. The Company develops, manufactures and markets strength and cardiovascular fitness equipment products for the commercial and consumer markets.
Horizon Pharma Inc (NASDAQ:HZNP) shares climbed 12.20% and closed at $4.14. The company filed a patent infringement lawsuit in the United States District Court for the District of Delaware against Par Pharmaceutical and related to an Abbreviated New Drug Application that Par filed with the U.S. Food and Drug Administration to market a generic version of DUEXIS(R) tablets.
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800-665-0411 - Source - www.Investorideas.com
Another Reason to Love Chipotle Mexican Grill (NYSE:CMG)
New York, NY - April 3, 2012 - www.InvestorIdeas.com, a global investor research portal for independent investors, reports on trading for LOHAS stock, Chipotle Mexican Grill ( NYSE:CMG), With an impressive stock chart that traders and investors dream of over the past year, the Company turns heads and ears with its Back to the Start short film , with music performed by Willie Nelson.
Chipotle is a company that shows us that doing the right thing does pay off, for investors, customers and even the animals.
As Chipotle sends the message 'Back to the Start' it reminds investors that they can profit financially in a big way, (watching the stock double in the last year with a 52-week range of $249.58 - 426.57), with companies that do the �right� thing.
Video Link
Coldplay's haunting classic 'The Scientist' is performed by country music legend Willie Nelson for the soundtrack of the short film entitled, "Back to the Start." Download the song now available on iTunes. Label and proceeds benefit The Chipotle Cultivate Foundation.
Chipotle Mexican Grill (NYSE:CMG) One Year Stock Chart:
Investorideas.com Newswire
About Chipotle
Steve Ells, founder, chairman and co-CEO, started Chipotle with the idea that food served fast did not have to be a typical fast food experience. Today, Chipotle continues to offer a focused menu of burritos, tacos, and burrito bowls (a burrito without the tortilla) and salads made from fresh, high-quality raw ingredients, prepared using classic cooking methods and served in a distinctive atmosphere. Through our vision of Food With Integrity, Chipotle is seeking better food from using ingredients that are not only fresh, but that—where possible—are sustainably grown and naturally raised with respect for the animals, the land, and the farmers who produce the food. A similarly focused people culture, with an emphasis on identifying and empowering top performing employees, enables us to develop future leaders from within. Chipotle opened with a single restaurant in 1993 and currently operates more than 1,225 restaurants. For more information, visit Chipotle.com.
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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.
800-665-0411 -
Source - Investorideas.com
New York, NY - April 3, 2012 - www.InvestorIdeas.com, a global investor research portal for independent investors, reports on trading for LOHAS stock, Chipotle Mexican Grill ( NYSE:CMG), With an impressive stock chart that traders and investors dream of over the past year, the Company turns heads and ears with its Back to the Start short film , with music performed by Willie Nelson.
Chipotle is a company that shows us that doing the right thing does pay off, for investors, customers and even the animals.
As Chipotle sends the message 'Back to the Start' it reminds investors that they can profit financially in a big way, (watching the stock double in the last year with a 52-week range of $249.58 - 426.57), with companies that do the �right� thing.
Video Link
Coldplay's haunting classic 'The Scientist' is performed by country music legend Willie Nelson for the soundtrack of the short film entitled, "Back to the Start." Download the song now available on iTunes. Label and proceeds benefit The Chipotle Cultivate Foundation.
Chipotle Mexican Grill (NYSE:CMG) One Year Stock Chart:
Investorideas.com Newswire
About Chipotle
Steve Ells, founder, chairman and co-CEO, started Chipotle with the idea that food served fast did not have to be a typical fast food experience. Today, Chipotle continues to offer a focused menu of burritos, tacos, and burrito bowls (a burrito without the tortilla) and salads made from fresh, high-quality raw ingredients, prepared using classic cooking methods and served in a distinctive atmosphere. Through our vision of Food With Integrity, Chipotle is seeking better food from using ingredients that are not only fresh, but that—where possible—are sustainably grown and naturally raised with respect for the animals, the land, and the farmers who produce the food. A similarly focused people culture, with an emphasis on identifying and empowering top performing employees, enables us to develop future leaders from within. Chipotle opened with a single restaurant in 1993 and currently operates more than 1,225 restaurants. For more information, visit Chipotle.com.
Learn more about Lohas (Lifestyle of Health and Sustainability) stocks at Investorideas.com
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…
Investorideas.com Members currently have 24/7 online access to the exclusive subscriber-only eleven stock directories in leading sectors including renewable energy, water and energy stocks.
Visit the Investor Ideas membership page to learn more at: http://www.investorideas.com/membership/
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.
Follow Investorideas.com on Twitter http://twitter.com/#!/Investorideas
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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.
800-665-0411 -
Source - Investorideas.com
Solar News: BUYINS.NET Updates Salamon Group (OTCQB:SLMU) SqueezeTrigger Report
NEWPORT BEACH, Calif. - April 3, 2012 (Investorideas.com renewable energy newswire) BUYINS.NET, a leading provider of Regulation SHO compliance monitoring, short sale trading statistics and market integrity surveillance, has updated coverage on Salamon Group (OTCQB: SLMU) after releasing the latest short sale data through March 30, 2012. The total aggregate number of shares shorted since March 2010 is approximately 36.06 million shares. Approximately 46.85% of daily trading volume is short selling. The SqueezeTrigger price for all (OTC: SLMU.PK) shares shorted is $.1832. There were 12.23 million shares shorted in March 2012 alone at a SqueezeTrigger Price of $.349.
Click for original Report: http://www.buyins.com/reports/ slmu3-21-12.pdf
Click for updated SqueezeTrigger: http://www.buyins.com/images/ slmustr4-2-12.jpg
Click for updated Friction Factor: http://www.buyins.com/images/ slmuff4-2-12.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, 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. - April 3, 2012 (Investorideas.com renewable energy newswire) BUYINS.NET, a leading provider of Regulation SHO compliance monitoring, short sale trading statistics and market integrity surveillance, has updated coverage on Salamon Group (OTCQB: SLMU) after releasing the latest short sale data through March 30, 2012. The total aggregate number of shares shorted since March 2010 is approximately 36.06 million shares. Approximately 46.85% of daily trading volume is short selling. The SqueezeTrigger price for all (OTC: SLMU.PK) shares shorted is $.1832. There were 12.23 million shares shorted in March 2012 alone at a SqueezeTrigger Price of $.349.
Click for original Report: http://www.buyins.com/reports/ slmu3-21-12.pdf
Click for updated SqueezeTrigger: http://www.buyins.com/images/ slmustr4-2-12.jpg
Click for updated Friction Factor: http://www.buyins.com/images/ slmuff4-2-12.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, 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
Follow Investorideas.com on Twitter http://twitter.com/#!/Investorideas
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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
Gold Stocks; Gold Bullion (TSX-V: GBB) Provides Mineral Resource Estimate for Granada
VANCOUVER - April 2, 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 independent NI 43-101 compliant gold mineral resource estimate on its Granada Gold Property, located along the prolific Cadillac trend in North-western Quebec, 5 km south of the city of Rouyn-Noranda.
Highlights include the following:
The in situ measured resource is 97,700 ounces (3.02 million tonnes grading 1.01 g/t), indicated resource is 543,400 ounces (17.04 million tonnes grading 0.99 g/t), inferred resource is 846,600 ounces gold (23.93 million tonnes grading 1.10 g/t Au) using a cut-off grade of 0.40g/t.
The selected base case in-pit measured resource is 95,300 ounces (2.9 million tonnes grading 1.02 g/t), indicated resource is 435,600 ounces (12.49 million tonnes grading 1.08 g/t), inferred resource is 135,600 ounces gold (3.4 million tonnes grading 1.24 g/t Au) using a cut-off grade of 0.40g/t based on a Whittle-optimized pit shell simulation using estimated operating costs, a gold price of CAN$1300 per ounce and a corresponding lower cut-off grade of 0.4 grams per tonne gold.
Remaining underground resources under the selected base case in-pit surface above a cut-off grade of 2.0 g/t is 273,200 ounces (2.32 million tonnes grading 3.66 g/t).
Previous small open pits have been taken into account and are starting surfaces of optimization while the historical production of 51,476 ounces (181,744 sT @ 0.28 oz/sT) from 1930 to 1935 are included in the resource statement (cannot physically remove from measured, indicated or inferred).
The mineralized system is still open at depth and laterally.
SGS Canada Inc, (SGS Geostat office of Blainville, Qu�bec, "SGS") are the independent resource estimate consultants for the Granada project who have authorized the release of the following estimates.
The table below summarizes the SGS Geostat block model estimates using variable cut-off grades:
Granada Gold Deposit In Situ Resource Estimates
Investorideas.com Newswire
SGS also estimated an in-pit resource within a Whittle-optimized pit shell using a base case gold price of CAN$1300 per ounce. The table below summarizes the in-pit resources with the selected base case in Whittle optimizations:
Investorideas.com Newswire
The in-pit estimate is based on a mining cost of CAN$2.00 per tonne and a processing cost of CAN$16.00 per tonne (including general fees and administration costs), assuming gravity cyanidation treatment of the mineralized material, giving base cost of CAN$29.30 per tonne including stripping. Other assumptions include 94.1% recovery of gold and pit wall slope angle of 45 degrees in the south footwall and 50 degrees in the north hanging wall.
Details on the parameters of the resource estimates are as follows:
The database used for Granada comprised a total of 57,803 metres of drilling obtained from the 2009-2010-2011 Gold Bullion Development Corporation drill programs, now 326 of the 404 holes drilled to date.
Most NQ assays reported by Gold Bullion were obtained by standard 50 g fire assaying-AA finish or gravimetric finish and another fraction by screen metallics at various laboratories ALS Chemex laboratories in Val d'Or, Quebec , Accurassay, Lab Expert and Swastika. As additional QA/QC, SGS Geostat has carried an extensive independent sampling program with total gold testing, pulp reassays from various laboratories in addition to half witness core complete re assay program in order to get confidence and enable preparation of a NI 43-101 compliant estimate of resources.
The SGS database made of Gold Bullion validated data also comprised a total of 57,689 assays.
The estimates were done using Inverse Distance Square (ID2) as the interpolation method based on 1.5 metre analytical composites.
Composites calculations are based on original samples value and were afterward capped at 20 g/t.
All estimates are based on a Parent Cell dimension of 5 metres E, 5 metres N and 5 metres height with search ellipsoid and estimation parameters determined for the mineralized zone geometry. The block model grid extends from UTM 646,200E to 647,650E and 5,337,600N to 5,338,850N from (350m) to -250m above sea level site surface elevation around 320m.
Geological interpretation for the deposit identified one main structurally-controlled mineralized domain including higher grades within the envelope hosted by conglomerates of the Timiskaming group. The estimation of the mineralized domain was done in 3 runs where the first required a minimum of 4 holes using a maximum of 3 composite per hole within a search ellipsoid of 50m by 30m by 5m dipping 47 degrees north, while the second run used a minimum of 3 holes within a search ellipsoid of 100m by 60m by 10m dipping 47 degrees north, and the last run one hole within the domain minimum 3 composites in a 150m by 100m by 15m dipping 47 degrees north.
For the classification 4 holes with 3 composites within a 30m by 20m by 5m ellipsoid for measured, 3 holes with 3 composites within a 60m by 40m by 10m ellipsoid for indicated, the rest being inferred.
Underground voids (shaft & drifts) were modeled from historical mine plans and adjusted according to positions of drill intersections in stopes and drifts. The stopes could not be placed in space with accuracy. Historical production from underground needs to be subtracted from the resource estimate.
Tonnage estimates are based on rock densities of 2.70 tonnes/cubic metre.
The resource estimates using the lower cut-off of 0.4 g/t Au is emphasized for reporting purposes as this is the in-pit cut-off estimated for the CAN$1300 Whittle shell, which represents the reasonable potential of economic extraction in SGS QP's opinion.
Additional details will be provided in the technical report to be issued within the next 45 days.
Mr. Claude Duplessis , Ing. of SGS is the Qualified Persons who has reviewed this news release and is responsible for the technical information reported herein, including verification of the data disclosed.
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.
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VANCOUVER - April 2, 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 independent NI 43-101 compliant gold mineral resource estimate on its Granada Gold Property, located along the prolific Cadillac trend in North-western Quebec, 5 km south of the city of Rouyn-Noranda.
Highlights include the following:
The in situ measured resource is 97,700 ounces (3.02 million tonnes grading 1.01 g/t), indicated resource is 543,400 ounces (17.04 million tonnes grading 0.99 g/t), inferred resource is 846,600 ounces gold (23.93 million tonnes grading 1.10 g/t Au) using a cut-off grade of 0.40g/t.
The selected base case in-pit measured resource is 95,300 ounces (2.9 million tonnes grading 1.02 g/t), indicated resource is 435,600 ounces (12.49 million tonnes grading 1.08 g/t), inferred resource is 135,600 ounces gold (3.4 million tonnes grading 1.24 g/t Au) using a cut-off grade of 0.40g/t based on a Whittle-optimized pit shell simulation using estimated operating costs, a gold price of CAN$1300 per ounce and a corresponding lower cut-off grade of 0.4 grams per tonne gold.
Remaining underground resources under the selected base case in-pit surface above a cut-off grade of 2.0 g/t is 273,200 ounces (2.32 million tonnes grading 3.66 g/t).
Previous small open pits have been taken into account and are starting surfaces of optimization while the historical production of 51,476 ounces (181,744 sT @ 0.28 oz/sT) from 1930 to 1935 are included in the resource statement (cannot physically remove from measured, indicated or inferred).
The mineralized system is still open at depth and laterally.
SGS Canada Inc, (SGS Geostat office of Blainville, Qu�bec, "SGS") are the independent resource estimate consultants for the Granada project who have authorized the release of the following estimates.
The table below summarizes the SGS Geostat block model estimates using variable cut-off grades:
Granada Gold Deposit In Situ Resource Estimates
Investorideas.com Newswire
SGS also estimated an in-pit resource within a Whittle-optimized pit shell using a base case gold price of CAN$1300 per ounce. The table below summarizes the in-pit resources with the selected base case in Whittle optimizations:
Investorideas.com Newswire
The in-pit estimate is based on a mining cost of CAN$2.00 per tonne and a processing cost of CAN$16.00 per tonne (including general fees and administration costs), assuming gravity cyanidation treatment of the mineralized material, giving base cost of CAN$29.30 per tonne including stripping. Other assumptions include 94.1% recovery of gold and pit wall slope angle of 45 degrees in the south footwall and 50 degrees in the north hanging wall.
Details on the parameters of the resource estimates are as follows:
The database used for Granada comprised a total of 57,803 metres of drilling obtained from the 2009-2010-2011 Gold Bullion Development Corporation drill programs, now 326 of the 404 holes drilled to date.
Most NQ assays reported by Gold Bullion were obtained by standard 50 g fire assaying-AA finish or gravimetric finish and another fraction by screen metallics at various laboratories ALS Chemex laboratories in Val d'Or, Quebec , Accurassay, Lab Expert and Swastika. As additional QA/QC, SGS Geostat has carried an extensive independent sampling program with total gold testing, pulp reassays from various laboratories in addition to half witness core complete re assay program in order to get confidence and enable preparation of a NI 43-101 compliant estimate of resources.
The SGS database made of Gold Bullion validated data also comprised a total of 57,689 assays.
The estimates were done using Inverse Distance Square (ID2) as the interpolation method based on 1.5 metre analytical composites.
Composites calculations are based on original samples value and were afterward capped at 20 g/t.
All estimates are based on a Parent Cell dimension of 5 metres E, 5 metres N and 5 metres height with search ellipsoid and estimation parameters determined for the mineralized zone geometry. The block model grid extends from UTM 646,200E to 647,650E and 5,337,600N to 5,338,850N from (350m) to -250m above sea level site surface elevation around 320m.
Geological interpretation for the deposit identified one main structurally-controlled mineralized domain including higher grades within the envelope hosted by conglomerates of the Timiskaming group. The estimation of the mineralized domain was done in 3 runs where the first required a minimum of 4 holes using a maximum of 3 composite per hole within a search ellipsoid of 50m by 30m by 5m dipping 47 degrees north, while the second run used a minimum of 3 holes within a search ellipsoid of 100m by 60m by 10m dipping 47 degrees north, and the last run one hole within the domain minimum 3 composites in a 150m by 100m by 15m dipping 47 degrees north.
For the classification 4 holes with 3 composites within a 30m by 20m by 5m ellipsoid for measured, 3 holes with 3 composites within a 60m by 40m by 10m ellipsoid for indicated, the rest being inferred.
Underground voids (shaft & drifts) were modeled from historical mine plans and adjusted according to positions of drill intersections in stopes and drifts. The stopes could not be placed in space with accuracy. Historical production from underground needs to be subtracted from the resource estimate.
Tonnage estimates are based on rock densities of 2.70 tonnes/cubic metre.
The resource estimates using the lower cut-off of 0.4 g/t Au is emphasized for reporting purposes as this is the in-pit cut-off estimated for the CAN$1300 Whittle shell, which represents the reasonable potential of economic extraction in SGS QP's opinion.
Additional details will be provided in the technical report to be issued within the next 45 days.
Mr. Claude Duplessis , Ing. of SGS is the Qualified Persons who has reviewed this news release and is responsible for the technical information reported herein, including verification of the data disclosed.
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.
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Renewable Energy Stock News; Juhl Wind (OTCBB:JUHL) Reports Record Revenue and Earnings Results for 2011
Pipestone, MN - April 3, 2012 - Investorideas.com Renewable Energy Newswire - Juhl Wind Inc. (OTCBB: JUHL), the Leader in Community Wind Power, today announced its results for the year ended December 31, 2011. The Company posted record revenue and net income results for fiscal year 2011 driven by their continued success in the development and construction of community wind farms. Total revenue for the year increased 148% to $15,578,000 and net income increased 269% to approximately $3,042,000 catapulting the Company to its first ever, full-year positive income results.
"We are obviously very proud of our results for 2011, a year that was truly historic for our company," stated Dan Juhl, Chairman and CEO of Juhl Wind Inc. "Our financial performance was a direct result of our ability to fully develop, arrange financing for and complete construction on seven major wind projects during a very difficult time in our economy, and for the wind industry. We believe these results underscore Juhl Wind’s leading position in the renewable energy industry. The completed energy projects include Adams, Danielson, Grant County, Gundersen Lutheran, Valley View, Winona County and Woodstock Municipal. In addition to the completion and startup of these projects, we also retained ownership of Winona and Valley View increasing our position as an owner/operator of wind power and significantly strengthening the asset base of our balance sheet."
"During 2011, we purchased the existing Woodstock Hills wind farm and took ownership of our newly developed Winona County and Valley View projects," added John Mitola, President of Juhl Wind Inc. "Through these acquisitions, we have added $20.7 million of wind farm fixed assets. Our decision to become the owner and operator of these three wind farms is consistent with our stated plan that we will continue to add renewable assets to our balance sheet on an ongoing basis. We hope to make additional progress in this area in 2012 through our attempted acquisition of additional existing wind farms, or new projects that we plan to develop in the second half of the year. We wrapped up 2011 with excellent results represented by a combination of increased revenue and earnings, higher balance sheet cash and significantly greater assets."
Results for the twelve-month period ended December 31, 2011:
Total revenue increased by approximately $9,310,000, or 148.5%, from approximately $6,268,000 for the year ended December 31, 2010, to approximately $15,578,000, for the year ended December 31, 2011. The increase in revenue over the year ended December 31, 2010 is primarily attributable to wind farm development fee revenue earned from five wind farm projects that completed construction and financing arrangements during 2011.
Our operating income increased by approximately $7,634,000, or 278.0%, from an operating loss of approximately $2,746,000 for the year ended December 31, 2010 to operating income of approximately $4,888,000 for the year ended December 31, 2011. The increase in operating income for the year ended December 31, 2011 is primarily attributable to the increase in development fee revenue of $8,033,000 earned from the completion of five wind farm developments.
Net income increased by approximately $4,842,000, or 269.0%, from a net loss of approximately $1,800,000 for the year ended December 31, 2010 to approximately $3,042,000 for the year ended December 31, 2011. The increase in net income over the period ended December 31, 2011 is largely attributable to the increase in revenue sources noted under revenue and operating income sections above.
Basic and diluted net income per share of $0.12 per common share for 2011 compares to the ($0.10) loss per common share for 2010.
As of December 31, 2011, the Company reported it held approximately $6.2 million in the form of cash accounts and short term investments, which includes approximately $382,000 in balances that are restricted by a debt covenant. Our liquidity position was significantly enhanced through generating $5.5 million in Cash flow from Operating Activities.
During 2011, we made equity investments in three wind farms totaling 21.7 MW for a combined investment of approximately $2.3 million. We had not previously owned any wind farms prior to 2011.
A full analysis of results for the period ended December 31, 2011 is available in the Company's Form 10-K, which is available on the Company's website at www.juhlwind.com or through the Securities and Exchange Commission's Edgar database at www.sec.gov.
About Juhl Wind Inc.
Juhl Wind is an established leader in Community Based Wind Power development and management, focused on wind farm projects throughout the United States and Canada. Juhl Wind pioneered Community-Based wind farms, developing the currently accepted financial, operational and legal structure providing local ownership of medium-to-large scale wind farms. To date, the Company has completed 21 wind farm projects totaling 195 MW and provides operations management and oversight across the portfolio. Juhl Wind services every aspect of wind farm development from full development and ownership, general consultation, construction management and system operations and maintenance. With its consolidation of the Valley View, Winona County and Woodstock Hills wind farms, the Company has now invested in and operates 21.7 MWs of wind power through its independent power producer ("IPP") subsidiary, Juhl Renewable Assets, Inc. Through its Juhl Renewable Energy Systems, Inc. ("JRES") and Next Generation Power Systems subsidiaries ("NextGen"), Juhl Wind also provides full sales and service to smaller, on-site wind and solar projects in addition to our larger Community Wind Farms. Juhl Wind is based in Pipestone, Minnesota and is traded on the OTCBB under the symbol "JUHL". Additional information is available at the Company's website at www.juhlwind.com or by calling 877-584-5946 (or 877-JUHLWIN).
Juhl Wind Investor Relations
Jody Janson
Phone: (888) 438-JUHL (5845)
Fax: 585-232-5457
Email: jody@istockdaily.com
FORWARD LOOKING STATEMENTS
This news release includes forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 including statements that reflect Juhl Wind's current expectations about its future results, performance, prospects and opportunities. Juhl Wind has tried to identify these forward-looking statements by using words and phrases such as "may," "will," "expects," "anticipates," "believes," "intends," "estimates," "plans," "should," "typical," "preliminary," "hope," or similar expressions. These forward-looking statements are based on information currently available to Juhl Wind and are subject to a number of risks, uncertainties and other factors that could cause Juhl Wind's actual results, performance, prospects or opportunities to differ materially from those expressed in, or implied by, these forward-looking statements and specifically those statements referring to the projects mentioned herein. New projects are subject to large, third party risks that may not be in control of Juhl Wind including the timing of funding and actual construction. These risks are referenced in Juhl Wind's current 10K or as may be described from time to time in Juhl Wind's subsequent SEC filings; and such factors as incorporated by reference.
Published at the Investorideas.com renewable energy newswire
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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. More info: www.InvestorIdeas.com/About/Disclaimer.asp and disclosures: http://www.investorideas.com/About/News/Clientspecifics.asp . Investorideas.com was compensated one thousand five hundred to publish this news on the Investorideas.com newswire syndicated sites and blogs and email to subscribers by third party IR firm.
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
Pipestone, MN - April 3, 2012 - Investorideas.com Renewable Energy Newswire - Juhl Wind Inc. (OTCBB: JUHL), the Leader in Community Wind Power, today announced its results for the year ended December 31, 2011. The Company posted record revenue and net income results for fiscal year 2011 driven by their continued success in the development and construction of community wind farms. Total revenue for the year increased 148% to $15,578,000 and net income increased 269% to approximately $3,042,000 catapulting the Company to its first ever, full-year positive income results.
"We are obviously very proud of our results for 2011, a year that was truly historic for our company," stated Dan Juhl, Chairman and CEO of Juhl Wind Inc. "Our financial performance was a direct result of our ability to fully develop, arrange financing for and complete construction on seven major wind projects during a very difficult time in our economy, and for the wind industry. We believe these results underscore Juhl Wind’s leading position in the renewable energy industry. The completed energy projects include Adams, Danielson, Grant County, Gundersen Lutheran, Valley View, Winona County and Woodstock Municipal. In addition to the completion and startup of these projects, we also retained ownership of Winona and Valley View increasing our position as an owner/operator of wind power and significantly strengthening the asset base of our balance sheet."
"During 2011, we purchased the existing Woodstock Hills wind farm and took ownership of our newly developed Winona County and Valley View projects," added John Mitola, President of Juhl Wind Inc. "Through these acquisitions, we have added $20.7 million of wind farm fixed assets. Our decision to become the owner and operator of these three wind farms is consistent with our stated plan that we will continue to add renewable assets to our balance sheet on an ongoing basis. We hope to make additional progress in this area in 2012 through our attempted acquisition of additional existing wind farms, or new projects that we plan to develop in the second half of the year. We wrapped up 2011 with excellent results represented by a combination of increased revenue and earnings, higher balance sheet cash and significantly greater assets."
Results for the twelve-month period ended December 31, 2011:
Total revenue increased by approximately $9,310,000, or 148.5%, from approximately $6,268,000 for the year ended December 31, 2010, to approximately $15,578,000, for the year ended December 31, 2011. The increase in revenue over the year ended December 31, 2010 is primarily attributable to wind farm development fee revenue earned from five wind farm projects that completed construction and financing arrangements during 2011.
Our operating income increased by approximately $7,634,000, or 278.0%, from an operating loss of approximately $2,746,000 for the year ended December 31, 2010 to operating income of approximately $4,888,000 for the year ended December 31, 2011. The increase in operating income for the year ended December 31, 2011 is primarily attributable to the increase in development fee revenue of $8,033,000 earned from the completion of five wind farm developments.
Net income increased by approximately $4,842,000, or 269.0%, from a net loss of approximately $1,800,000 for the year ended December 31, 2010 to approximately $3,042,000 for the year ended December 31, 2011. The increase in net income over the period ended December 31, 2011 is largely attributable to the increase in revenue sources noted under revenue and operating income sections above.
Basic and diluted net income per share of $0.12 per common share for 2011 compares to the ($0.10) loss per common share for 2010.
As of December 31, 2011, the Company reported it held approximately $6.2 million in the form of cash accounts and short term investments, which includes approximately $382,000 in balances that are restricted by a debt covenant. Our liquidity position was significantly enhanced through generating $5.5 million in Cash flow from Operating Activities.
During 2011, we made equity investments in three wind farms totaling 21.7 MW for a combined investment of approximately $2.3 million. We had not previously owned any wind farms prior to 2011.
A full analysis of results for the period ended December 31, 2011 is available in the Company's Form 10-K, which is available on the Company's website at www.juhlwind.com or through the Securities and Exchange Commission's Edgar database at www.sec.gov.
About Juhl Wind Inc.
Juhl Wind is an established leader in Community Based Wind Power development and management, focused on wind farm projects throughout the United States and Canada. Juhl Wind pioneered Community-Based wind farms, developing the currently accepted financial, operational and legal structure providing local ownership of medium-to-large scale wind farms. To date, the Company has completed 21 wind farm projects totaling 195 MW and provides operations management and oversight across the portfolio. Juhl Wind services every aspect of wind farm development from full development and ownership, general consultation, construction management and system operations and maintenance. With its consolidation of the Valley View, Winona County and Woodstock Hills wind farms, the Company has now invested in and operates 21.7 MWs of wind power through its independent power producer ("IPP") subsidiary, Juhl Renewable Assets, Inc. Through its Juhl Renewable Energy Systems, Inc. ("JRES") and Next Generation Power Systems subsidiaries ("NextGen"), Juhl Wind also provides full sales and service to smaller, on-site wind and solar projects in addition to our larger Community Wind Farms. Juhl Wind is based in Pipestone, Minnesota and is traded on the OTCBB under the symbol "JUHL". Additional information is available at the Company's website at www.juhlwind.com or by calling 877-584-5946 (or 877-JUHLWIN).
Juhl Wind Investor Relations
Jody Janson
Phone: (888) 438-JUHL (5845)
Fax: 585-232-5457
Email: jody@istockdaily.com
FORWARD LOOKING STATEMENTS
This news release includes forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 including statements that reflect Juhl Wind's current expectations about its future results, performance, prospects and opportunities. Juhl Wind has tried to identify these forward-looking statements by using words and phrases such as "may," "will," "expects," "anticipates," "believes," "intends," "estimates," "plans," "should," "typical," "preliminary," "hope," or similar expressions. These forward-looking statements are based on information currently available to Juhl Wind and are subject to a number of risks, uncertainties and other factors that could cause Juhl Wind's actual results, performance, prospects or opportunities to differ materially from those expressed in, or implied by, these forward-looking statements and specifically those statements referring to the projects mentioned herein. New projects are subject to large, third party risks that may not be in control of Juhl Wind including the timing of funding and actual construction. These risks are referenced in Juhl Wind's current 10K or as may be described from time to time in Juhl Wind's subsequent SEC filings; and such factors as incorporated by reference.
Published at the Investorideas.com renewable energy newswire
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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. More info: www.InvestorIdeas.com/About/Disclaimer.asp and disclosures: http://www.investorideas.com/About/News/Clientspecifics.asp . Investorideas.com was compensated one thousand five hundred to publish this news on the Investorideas.com newswire syndicated sites and blogs and email to subscribers by third party IR firm.
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
Monday, April 02, 2012
TSX Stocks to Watch; Friday's Top % Gainers: (TSX: XMC), (TSX: FRO), (TSX: SM), (TSX: IE)
New York, NY - April 2, 2012 - www.InvestorIdeas.com, a leader in sector research for independent investors issues a trading alert for TSX percentage gainers for March 30, 2012. The Standard & Poor's/TSX Composite Index gained 52.82 points (0.42%) to close at 12,392.18.
Xceed Mortgage Corporation(TSX:XMC) rose 0.31 (26.96%) to its new 52-week high of C$1.46 after the company announced that the Toronto Stock Exchange has accepted a notice filed by Xceed of its intention to make a normal course issuer bid. As of March 29, 2012, Xceed had 27,292,057 common shares outstanding.
FRONTIER RARE EARTH LIMITED COM NPV (TSX: FRO) shares climbed 0.10 (9.71%) to close at C$1.13 without any official news. Frontier Rare Earths is an exploration and development company that is exclusively focused on rare earth elements - critically important minerals in high demand in the fast growing electronics, automotive, energy and clean-tech sectors.
Semafo Inc. (TSX: SMF) rose 0.40 (8.13%) to C$5.32 on over 3.87 million shares, compared to its average volume of 1.72 million shares. SEMAFO Inc. (SEMAFO) is a Canada-based mining company with gold production and exploration activities in West Africa. The Company and its subsidiaries operate three gold mines: the Mana Mine in Burkina Faso, the Samira Hill Mine in Niger and the Kiniero Mine in Guinea.
Ivanhoe Energy Inc. (TSX: IE) gained 0.07 (6.93%) to end at C$1.08. Ivanhoe Energy Inc. (Ivanhoe) is an independent international heavy oil development and production company. The Company's core operations are in Canada, Ecuador, China and Mongolia.
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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
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New York, NY - April 2, 2012 - www.InvestorIdeas.com, a leader in sector research for independent investors issues a trading alert for TSX percentage gainers for March 30, 2012. The Standard & Poor's/TSX Composite Index gained 52.82 points (0.42%) to close at 12,392.18.
Xceed Mortgage Corporation(TSX:XMC) rose 0.31 (26.96%) to its new 52-week high of C$1.46 after the company announced that the Toronto Stock Exchange has accepted a notice filed by Xceed of its intention to make a normal course issuer bid. As of March 29, 2012, Xceed had 27,292,057 common shares outstanding.
FRONTIER RARE EARTH LIMITED COM NPV (TSX: FRO) shares climbed 0.10 (9.71%) to close at C$1.13 without any official news. Frontier Rare Earths is an exploration and development company that is exclusively focused on rare earth elements - critically important minerals in high demand in the fast growing electronics, automotive, energy and clean-tech sectors.
Semafo Inc. (TSX: SMF) rose 0.40 (8.13%) to C$5.32 on over 3.87 million shares, compared to its average volume of 1.72 million shares. SEMAFO Inc. (SEMAFO) is a Canada-based mining company with gold production and exploration activities in West Africa. The Company and its subsidiaries operate three gold mines: the Mana Mine in Burkina Faso, the Samira Hill Mine in Niger and the Kiniero Mine in Guinea.
Ivanhoe Energy Inc. (TSX: IE) gained 0.07 (6.93%) to end at C$1.08. Ivanhoe Energy Inc. (Ivanhoe) is an independent international heavy oil development and production company. The Company's core operations are in Canada, Ecuador, China and Mongolia.
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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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Solar News: Sunlogics Power Fund, a SALAMON GROUP, INC. Company (OTCQB:SLMU), Appoints Jay Bingle as President
LAS VEGAS, NV - April 2, 2012 (Investorideas.com renewable energy newswire) Salamon Group, Inc. (OTCQB: SLMU) announces today that its Sunlogics Power Fund has appointed Mr. Jay Bingle to the position of President.
For over 30 years, Mr. Bingle has served as an executive responsible for corporate development, strategy and business planning for such companies as Time, Inc., where he served as vice president for administration and special initiatives. He served at Paine Webber as executive vice president of administration and strategy. Also, he was responsible for corporate development at The Turner Company and International Paper Co. Mr. Bingle served as Chairman and CEO of Wunderman, Inc., a unit of Young & Rubicam Inc., one of the world's leading advertising agencies where Mr. Bingle directed more than 5,000 employees in over 80 offices in 50 countries. Mr. Bingle has also served as an advisor to and director of numerous companies and venture capital firms, including NEC, Longworth Ventures, NSI, Dentsu, m-Qube Inc., Trident Capital, NewSight Corp, Wired Assets Inc, and Viryd Technologies.
"Mr. Bingle brings with him a wealth of experience as a senior executive in large multi-national companies where he managed thousands of employees in multiple continents and we are very excited to be adding him to the position of President," said Mr. Matvieshen, CEO. He further adds, "With the global nature of our business model Mr. Bingle's ability to manage large amounts of personnel in a multi-jurisdictional environment was a key factor in our decision to bring him on; as well, Mr Bingle's extensive experience in financing and fund raising including his experience as a consultant and advisor for multiple investment funds was an equally important factor as we continue to grow our revenue generating solar asset base."
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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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 - April 2, 2012 (Investorideas.com renewable energy newswire) Salamon Group, Inc. (OTCQB: SLMU) announces today that its Sunlogics Power Fund has appointed Mr. Jay Bingle to the position of President.
For over 30 years, Mr. Bingle has served as an executive responsible for corporate development, strategy and business planning for such companies as Time, Inc., where he served as vice president for administration and special initiatives. He served at Paine Webber as executive vice president of administration and strategy. Also, he was responsible for corporate development at The Turner Company and International Paper Co. Mr. Bingle served as Chairman and CEO of Wunderman, Inc., a unit of Young & Rubicam Inc., one of the world's leading advertising agencies where Mr. Bingle directed more than 5,000 employees in over 80 offices in 50 countries. Mr. Bingle has also served as an advisor to and director of numerous companies and venture capital firms, including NEC, Longworth Ventures, NSI, Dentsu, m-Qube Inc., Trident Capital, NewSight Corp, Wired Assets Inc, and Viryd Technologies.
"Mr. Bingle brings with him a wealth of experience as a senior executive in large multi-national companies where he managed thousands of employees in multiple continents and we are very excited to be adding him to the position of President," said Mr. Matvieshen, CEO. He further adds, "With the global nature of our business model Mr. Bingle's ability to manage large amounts of personnel in a multi-jurisdictional environment was a key factor in our decision to bring him on; as well, Mr Bingle's extensive experience in financing and fund raising including his experience as a consultant and advisor for multiple investment funds was an equally important factor as we continue to grow our revenue generating solar asset base."
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
Friday's NASDAQ Top % Gainers: SBSA, PNBC, CYBI, HZNP
New York, NY - April 02, 2012 - www.InvestorIdeas.com, a global investor research portal for independent investors, reports on top percentage gainers on the NASDAQ for Friday March 30th. The Nasdaq Composite ended lower by 3.79 (-0.12%) to close at 3,091.57.
Spanish Broadcasting System Inc. (NASDAQ:SBSA) shares rose 43.31% and closed at $6.75 on Friday's trading session after the company reported fourth-quarter income of $3.68 million or $0.51 per share, from $880 thousand or $0.12 per share in the year ago quarter owing to an increase in net revenues. Consolidated net revenue totaled $38.2 million, as compared to $34.9 million for the same prior year period.
The company had earlier in the month of February closed the offering of $275 million in aggregate principal amount of 12.5% senior secured notes due 2017 at an issue price of 97% of the principal amount.
Princeton National Bancorp, Inc. (NASDAQ:PNBC) stock soared 25.51% and closed at $3.69. The company reported fourth-quarter net loss of $28.61 million or $8.58 per share, as compared to a loss of $16.07 million or $4.85 per share in the same quarter last year.Net interest income declined to $8.21 million, as against $9.42 million in the prior year quarter.
For fiscal 2011, the company's net interest margin increased to 4.08%, as compared to 3.98% for 2010, despite the impact of a high level of non-accrual loans, a decrease in loans from the lack of sufficient quality loan demand and the historically low interest rate environment.
Cybex International, Inc. (NASDAQ:CYBI) made a new 52 week high at $3.60 and closed at $2.53 Friday , up 13.45% without any official news. In the last year, the company has gained over 200%. The Company develops, manufactures and markets strength and cardiovascular fitness equipment products for the commercial and consumer markets.
Horizon Pharma Inc (NASDAQ:HZNP) shares climbed 12.20% and closed at $4.14 in Friday's trading session. The company had has filed a patent infringement lawsuit in the United States District Court for the District of Delaware against Par Pharmaceutical and related to an Abbreviated New Drug Application that Par filed with the U.S. Food and Drug Administration to market a generic version of DUEXIS(R) tablets.
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New York, NY - April 02, 2012 - www.InvestorIdeas.com, a global investor research portal for independent investors, reports on top percentage gainers on the NASDAQ for Friday March 30th. The Nasdaq Composite ended lower by 3.79 (-0.12%) to close at 3,091.57.
Spanish Broadcasting System Inc. (NASDAQ:SBSA) shares rose 43.31% and closed at $6.75 on Friday's trading session after the company reported fourth-quarter income of $3.68 million or $0.51 per share, from $880 thousand or $0.12 per share in the year ago quarter owing to an increase in net revenues. Consolidated net revenue totaled $38.2 million, as compared to $34.9 million for the same prior year period.
The company had earlier in the month of February closed the offering of $275 million in aggregate principal amount of 12.5% senior secured notes due 2017 at an issue price of 97% of the principal amount.
Princeton National Bancorp, Inc. (NASDAQ:PNBC) stock soared 25.51% and closed at $3.69. The company reported fourth-quarter net loss of $28.61 million or $8.58 per share, as compared to a loss of $16.07 million or $4.85 per share in the same quarter last year.Net interest income declined to $8.21 million, as against $9.42 million in the prior year quarter.
For fiscal 2011, the company's net interest margin increased to 4.08%, as compared to 3.98% for 2010, despite the impact of a high level of non-accrual loans, a decrease in loans from the lack of sufficient quality loan demand and the historically low interest rate environment.
Cybex International, Inc. (NASDAQ:CYBI) made a new 52 week high at $3.60 and closed at $2.53 Friday , up 13.45% without any official news. In the last year, the company has gained over 200%. The Company develops, manufactures and markets strength and cardiovascular fitness equipment products for the commercial and consumer markets.
Horizon Pharma Inc (NASDAQ:HZNP) shares climbed 12.20% and closed at $4.14 in Friday's trading session. The company had has filed a patent infringement lawsuit in the United States District Court for the District of Delaware against Par Pharmaceutical and related to an Abbreviated New Drug Application that Par filed with the U.S. Food and Drug Administration to market a generic version of DUEXIS(R) tablets.
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Wind Stock News: Clean Wind Energy Tower, Inc. (OTCBB:CWET) Successful Public Hearing on Downdraft Tower Location
ANNAPOLIS, Md. - April 2, 2012 (Investorideas.com renewable energy/green newswire) Clean Wind Energy Tower, Inc. (OTCBB:CWET) (the "Company") announced today that on March 29th, 2012 a Public Information Hearing for the City of San Luis, Arizona was held to discuss the construction of Clean Wind Energy's innovative green renewable energy Downdraft Tower Facility within the San Luis City limits. The Downdraft Tower project received a favorable response at the Public Information Hearing and the City of San Luis, has scheduled a Planning and Zoning Commission hearing to be held on April 10, 2012.
The San Luis location incorporates plans for two (2) Downdraft Towers and a component parts Assembly Plant. As designed, the Company anticipates that each Downdraft Tower could generate enough electricity to power up to 1,600,000 homes using the guidelines set forth in the California Statewide Residential Appliance Saturation Study, 2004. As an independent power producer of clean renewable energy, the Company will not be selling power directly to consumers but rather to the grid.
Ronald W. Pickett, President and Chief Executive Officer previously stated, "San Luis is an ideal location for Clean Wind Energy to build our first alternative energy facility because this region of the southwest United States provides the proper weather profiles, proximity to the power grid, and other ingredients beneficial to the operation of a Downdraft Tower, and has been previously targeted as a prime region for alternative energy projects. I am enthusiastic about locating our Downdraft Tower in the United States because not only is this a breakthrough source of clean alternative energy, it will bring significant employment opportunities and economic stimulus to San Luis and a number of U.S. industries. We anticipate that during the Downdraft Tower's construction phase, 2,500 construction and transportation jobs and 1,000 manufacturing jobs will be created. Once placed in service, each Tower should generate 1,000 permanent jobs."
About Clean Wind Energy, Inc.
Clean Wind Energy, Inc., a wholly owned subsidiary of Clean Wind Energy Tower, Inc., has designed and is preparing to develop, and construct large "Downdraft Towers" that use benevolent, non-toxic natural elements to generate electricity and clean water economically by integrating and synthesizing numerous proven as well as emerging technologies.
The Company's core objective and focus is to become a provider of clean efficient green energy to the world communities at a reasonable cost without the destructive residuals of fossil fuel, and to help broker the chasm between both, while continuing to generate innovative technological solutions for today and tomorrow's electrical power needs.
In addition to constructing Downdraft Towers in the United States and abroad, the Company intends to establish partnerships at home and abroad to propagate these systems and meet increasing global demand for clean water and electricity. Clean Wind has assembled a team of experienced business professionals, engineers and scientists with access to the breakthrough energy research upon which this technology is founded and the proven ability to bring the idea to market. Clean Wind Energy, Inc. has filed several patents that the Company believes will further enhance this potentially revolutionary technology. Clean Wind Energy, Inc. is based in Annapolis MD, and is traded on the OTCBB under the symbol 'CWET'. For more information visit www.cleanwindenergytower.com
Contact:
Clean Wind Energy, Inc.
1997 Annapolis Exchange Parkway Suite 300
Annapolis, Maryland 21401
Phone: 410-972-4713
E-mail: Info@cwetower.com
www.cleanwindenergytower.com
Investor Relations Contact:
Jody Janson
Phone: (855) 848-6937
Email: ir@cwetower.com
Cautionary Note Regarding Forward-Looking Statements
Statements included in this release may constitute "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 statements involve a number of risks and uncertainties such as competitive factors, technological development, market demand and the Company's ability to obtain new contracts and accurately estimate net revenues due to variability in size, scope and duration of projects, and internal issues in the sponsoring client. Further information on potential factors that could affect the Company's financial results, can be found in the Company's various filings with the Securities and Exchange Commission (SEC).
Visit the CWET showcase page at Investorideas.com:
http://www.investorideas.com/CO/CWE/
Research more wind stocks with the renewable energy stocks directory:
http://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp
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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.
Sign up at Investor Ideas for free investor alerts including news on wind stocks
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Disclaimer/ Disclosure: The following news is part of the Clean Wind Energy Tower, Inc. (OTCBB: CWET) publishing program with Investorideas.com. Clean Wind Energy, Inc. compensates investorideas.com (one thousand per month to publish news and updates on the company on Investorideas.com newswire and blogs . Investorideas.com owns 150,000 shares of 144 stock .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 its management and is not the opinion of Investorideas.com. Learn more: www.InvestorIdeas.com/About/Disclaimer.asp
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ANNAPOLIS, Md. - April 2, 2012 (Investorideas.com renewable energy/green newswire) Clean Wind Energy Tower, Inc. (OTCBB:CWET) (the "Company") announced today that on March 29th, 2012 a Public Information Hearing for the City of San Luis, Arizona was held to discuss the construction of Clean Wind Energy's innovative green renewable energy Downdraft Tower Facility within the San Luis City limits. The Downdraft Tower project received a favorable response at the Public Information Hearing and the City of San Luis, has scheduled a Planning and Zoning Commission hearing to be held on April 10, 2012.
The San Luis location incorporates plans for two (2) Downdraft Towers and a component parts Assembly Plant. As designed, the Company anticipates that each Downdraft Tower could generate enough electricity to power up to 1,600,000 homes using the guidelines set forth in the California Statewide Residential Appliance Saturation Study, 2004. As an independent power producer of clean renewable energy, the Company will not be selling power directly to consumers but rather to the grid.
Ronald W. Pickett, President and Chief Executive Officer previously stated, "San Luis is an ideal location for Clean Wind Energy to build our first alternative energy facility because this region of the southwest United States provides the proper weather profiles, proximity to the power grid, and other ingredients beneficial to the operation of a Downdraft Tower, and has been previously targeted as a prime region for alternative energy projects. I am enthusiastic about locating our Downdraft Tower in the United States because not only is this a breakthrough source of clean alternative energy, it will bring significant employment opportunities and economic stimulus to San Luis and a number of U.S. industries. We anticipate that during the Downdraft Tower's construction phase, 2,500 construction and transportation jobs and 1,000 manufacturing jobs will be created. Once placed in service, each Tower should generate 1,000 permanent jobs."
About Clean Wind Energy, Inc.
Clean Wind Energy, Inc., a wholly owned subsidiary of Clean Wind Energy Tower, Inc., has designed and is preparing to develop, and construct large "Downdraft Towers" that use benevolent, non-toxic natural elements to generate electricity and clean water economically by integrating and synthesizing numerous proven as well as emerging technologies.
The Company's core objective and focus is to become a provider of clean efficient green energy to the world communities at a reasonable cost without the destructive residuals of fossil fuel, and to help broker the chasm between both, while continuing to generate innovative technological solutions for today and tomorrow's electrical power needs.
In addition to constructing Downdraft Towers in the United States and abroad, the Company intends to establish partnerships at home and abroad to propagate these systems and meet increasing global demand for clean water and electricity. Clean Wind has assembled a team of experienced business professionals, engineers and scientists with access to the breakthrough energy research upon which this technology is founded and the proven ability to bring the idea to market. Clean Wind Energy, Inc. has filed several patents that the Company believes will further enhance this potentially revolutionary technology. Clean Wind Energy, Inc. is based in Annapolis MD, and is traded on the OTCBB under the symbol 'CWET'. For more information visit www.cleanwindenergytower.com
Contact:
Clean Wind Energy, Inc.
1997 Annapolis Exchange Parkway Suite 300
Annapolis, Maryland 21401
Phone: 410-972-4713
E-mail: Info@cwetower.com
www.cleanwindenergytower.com
Investor Relations Contact:
Jody Janson
Phone: (855) 848-6937
Email: ir@cwetower.com
Cautionary Note Regarding Forward-Looking Statements
Statements included in this release may constitute "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 statements involve a number of risks and uncertainties such as competitive factors, technological development, market demand and the Company's ability to obtain new contracts and accurately estimate net revenues due to variability in size, scope and duration of projects, and internal issues in the sponsoring client. Further information on potential factors that could affect the Company's financial results, can be found in the Company's various filings with the Securities and Exchange Commission (SEC).
Visit the CWET showcase page at Investorideas.com:
http://www.investorideas.com/CO/CWE/
Research more wind stocks with the renewable energy stocks directory:
http://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp
About Investorideas.com and our Green Investor content:
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.
Sign up at Investor Ideas for free investor alerts including news on wind stocks
http://www.investorideas.com/Resources/Newsletter.asp
Disclaimer/ Disclosure: The following news is part of the Clean Wind Energy Tower, Inc. (OTCBB: CWET) publishing program with Investorideas.com. Clean Wind Energy, Inc. compensates investorideas.com (one thousand per month to publish news and updates on the company on Investorideas.com newswire and blogs . Investorideas.com owns 150,000 shares of 144 stock .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 its management and is not the opinion of Investorideas.com. Learn more: www.InvestorIdeas.com/About/Disclaimer.asp
For more information about Investorideas.com contact:
800.665.0411, Email: dvanzant@investorideas.com or cvanzant@investorideas.com
Medical Technology Stock Alert; PositiveID Corporation (OTCBB:PSID) Announces First Quarter 2012 Accomplishments: Positions Itself for $3 Billion BioWatch Contract and Advances the Development of Its Diabetes Management Products
DELRAY BEACH, Fla. - April 2, 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, today announced its accomplishments for the first quarter of 2012, including its positioning for the $3.1 billion BioWatch contract and the continued progress with the Company's development and clinical study of its innovative diabetes management products.
PositiveID's First Quarter 2012 Operational Highlights
Positioned its M-BAND airborne bio-threat detection system to take part in the Department of Homeland Security's $3.1 billion BioWatch Gen-3 opportunity, which is expected to be released in the third quarter of 2012
Partnered with the Diabetes Research Institute at the University of Miami and Schneider Children's Medical Center of Israel to support the development of the Company's diabetes management products, including Easy Check(TM) and GlucoChip(TM)
Commenced clinical study of PositiveID's Easy Check, a non-invasive breath glucose detection device, at Schneider Children's Medical Center of Israel under the leadership of world-renowned endocrinologist Prof. Moshe Phillip; the study is expected to be completed by year-end 2012
Finalized its first-in-class development of a fully synthetic glucose sensing system to be used in its GlucoChip and measure glucose levels within the body, which is considered to be a critical step in the development of an artificial pancreas
Awarded U.S. Patent for first-of-its-kind Dragonfly detection system for molecular biological diagnostics
"We continued to make great strides in all areas of our business in the first quarter of 2012, and are executing on our plan to bring these important technologies to market," stated William J. Caragol, Chairman and CEO of PositiveID. "We are seeing early positive results from our Easy Check testing, and remain optimistic that the significant benefits of our M-BAND system set us apart from the competition, thereby solidifying our position with large partners for the $3.1 billion BioWatch opportunity. Additionally, we are preparing for the initial roll-out of our FDA-cleared iglucose in the second quarter of this year through home-healthcare providers and healthcare insurers."
M-BAND is the only system of its kind that was demonstrated in the field under the DHS Science and Technology ("S&T") BAND Program. PositiveID's patented M-BAND biodetector was developed under a competitive award from DHS S&T, and M-BAND was the only successful system to emerge from the BAND program. BioWatch program is the nation's first early warning network of sensors to detect biological attacks. Because of the rapid decision cycle and the need for a deployment of medical countermeasures, the ability to quickly identify a biological agent will potentially save lives. Generation 3 of BioWatch is a planned, $3.1 billion procurement. At present, the Company believes there are only two technologies, one of which is its own M-BAND system, which can meet the requirements of Generation 3 BioWatch.
Designed in a miniaturized format for use at the point-of-care or in the field, PositiveID's Dragonfly(TM) Rapid MDx Cartridge-based diagnostic system provides the ability to deliver molecular diagnostic results from a sample in less than 30 minutes. Dragonfly has been proven effective for a broad range of biological detection including radiation-induced cell damage within the human body, strains of influenza and other common pathogens and diseases such as E. coli, methicillin-resistant staphylococcus aureus (MRSA) and human papilloma virus (HPV). The system offers the precision of molecular diagnostics in an easy-to-use cartridge format that minimizes the possibility of human error. Typical current molecular diagnostic testing can take hours or even days, requires highly trained personnel and includes multiple handling steps. Dragonfly enables accurate diagnostics leading to the potential treatment scenarios at the point of care that are not possible with existing systems, thereby positioning PositiveID to enter the clinical diagnostics market.
PositiveID's Easy Check, currently under development in Israel, is a non-invasive breath glucose detection device that measures the level of acetone in a patient's exhaled breath and correlates that acetone level to a measure of blood glucose. The Easy Check technology is based on a patent-pending reagent cell that mixes a patient's exhaled air with a proprietary chemical compound, triggering a chemical reaction. The reaction is measured and software in the Easy Check device then interprets the measurement and correlates the patient's acetone level to the level of glucose in the body. The goal of Easy Check is to eliminate a patient's need to prick his or her finger multiple times per day to get a blood sugar reading. With the American Diabetes Association estimating that over 25.8 million children and adults in the United States, or 8.3 percent of the population have diabetes, the overall market for a device such as Easy Check remains a significant opportunity for the Company.
Positioned for the same sizable market, PositiveID has completed its first-in-class development of a fully synthetic glucose sensing system that is the mission-critical component of its GlucoChip, a glucose-sensing microchip to measure glucose levels within the body for people with diabetes. PositiveID and its partner RECEPTORS LLC believe they are the first to develop a fully synthetic, stable, sensitive, selective sensing system that is responsive to glucose in human plasma, which is considered to be a critical step in the development of an artificial pancreas. GlucoChip is based on PositiveID's Patent No. 7,125,382 for an "Embedded Bio-Sensor System."
PositiveID's FDA-cleared iglucose(TM) system is a wireless communication device that eliminates the burden of keeping manual logbooks and empowers individuals with diabetes to be more engaged in the self-management of their condition. iglucose uses mobile technology to seamlessly communicate blood glucose readings from an individual's data-capable glucometer to the iglucose diabetes management portal, where, with the user's consent, glucose readings can be shared automatically with family members, caregivers and healthcare professionals via text message, email or fax. iglucose does not require the use of a cell phone or a wireless plan. The Company expects the initial roll-out of iglucose to commence in the second quarter of 2012.
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
Trilogy Capital Partners, Inc.
Darren Minton, President
Toll-free: 800-592-6067
info@trilogy-capital.com
PositiveID Corporation (OTCBB:PSID) is a featured biotech company on Investorideas.com
Visit the company profile: http://www.investorideas.com/CO/PSID/
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DELRAY BEACH, Fla. - April 2, 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, today announced its accomplishments for the first quarter of 2012, including its positioning for the $3.1 billion BioWatch contract and the continued progress with the Company's development and clinical study of its innovative diabetes management products.
PositiveID's First Quarter 2012 Operational Highlights
Positioned its M-BAND airborne bio-threat detection system to take part in the Department of Homeland Security's $3.1 billion BioWatch Gen-3 opportunity, which is expected to be released in the third quarter of 2012
Partnered with the Diabetes Research Institute at the University of Miami and Schneider Children's Medical Center of Israel to support the development of the Company's diabetes management products, including Easy Check(TM) and GlucoChip(TM)
Commenced clinical study of PositiveID's Easy Check, a non-invasive breath glucose detection device, at Schneider Children's Medical Center of Israel under the leadership of world-renowned endocrinologist Prof. Moshe Phillip; the study is expected to be completed by year-end 2012
Finalized its first-in-class development of a fully synthetic glucose sensing system to be used in its GlucoChip and measure glucose levels within the body, which is considered to be a critical step in the development of an artificial pancreas
Awarded U.S. Patent for first-of-its-kind Dragonfly detection system for molecular biological diagnostics
"We continued to make great strides in all areas of our business in the first quarter of 2012, and are executing on our plan to bring these important technologies to market," stated William J. Caragol, Chairman and CEO of PositiveID. "We are seeing early positive results from our Easy Check testing, and remain optimistic that the significant benefits of our M-BAND system set us apart from the competition, thereby solidifying our position with large partners for the $3.1 billion BioWatch opportunity. Additionally, we are preparing for the initial roll-out of our FDA-cleared iglucose in the second quarter of this year through home-healthcare providers and healthcare insurers."
M-BAND is the only system of its kind that was demonstrated in the field under the DHS Science and Technology ("S&T") BAND Program. PositiveID's patented M-BAND biodetector was developed under a competitive award from DHS S&T, and M-BAND was the only successful system to emerge from the BAND program. BioWatch program is the nation's first early warning network of sensors to detect biological attacks. Because of the rapid decision cycle and the need for a deployment of medical countermeasures, the ability to quickly identify a biological agent will potentially save lives. Generation 3 of BioWatch is a planned, $3.1 billion procurement. At present, the Company believes there are only two technologies, one of which is its own M-BAND system, which can meet the requirements of Generation 3 BioWatch.
Designed in a miniaturized format for use at the point-of-care or in the field, PositiveID's Dragonfly(TM) Rapid MDx Cartridge-based diagnostic system provides the ability to deliver molecular diagnostic results from a sample in less than 30 minutes. Dragonfly has been proven effective for a broad range of biological detection including radiation-induced cell damage within the human body, strains of influenza and other common pathogens and diseases such as E. coli, methicillin-resistant staphylococcus aureus (MRSA) and human papilloma virus (HPV). The system offers the precision of molecular diagnostics in an easy-to-use cartridge format that minimizes the possibility of human error. Typical current molecular diagnostic testing can take hours or even days, requires highly trained personnel and includes multiple handling steps. Dragonfly enables accurate diagnostics leading to the potential treatment scenarios at the point of care that are not possible with existing systems, thereby positioning PositiveID to enter the clinical diagnostics market.
PositiveID's Easy Check, currently under development in Israel, is a non-invasive breath glucose detection device that measures the level of acetone in a patient's exhaled breath and correlates that acetone level to a measure of blood glucose. The Easy Check technology is based on a patent-pending reagent cell that mixes a patient's exhaled air with a proprietary chemical compound, triggering a chemical reaction. The reaction is measured and software in the Easy Check device then interprets the measurement and correlates the patient's acetone level to the level of glucose in the body. The goal of Easy Check is to eliminate a patient's need to prick his or her finger multiple times per day to get a blood sugar reading. With the American Diabetes Association estimating that over 25.8 million children and adults in the United States, or 8.3 percent of the population have diabetes, the overall market for a device such as Easy Check remains a significant opportunity for the Company.
Positioned for the same sizable market, PositiveID has completed its first-in-class development of a fully synthetic glucose sensing system that is the mission-critical component of its GlucoChip, a glucose-sensing microchip to measure glucose levels within the body for people with diabetes. PositiveID and its partner RECEPTORS LLC believe they are the first to develop a fully synthetic, stable, sensitive, selective sensing system that is responsive to glucose in human plasma, which is considered to be a critical step in the development of an artificial pancreas. GlucoChip is based on PositiveID's Patent No. 7,125,382 for an "Embedded Bio-Sensor System."
PositiveID's FDA-cleared iglucose(TM) system is a wireless communication device that eliminates the burden of keeping manual logbooks and empowers individuals with diabetes to be more engaged in the self-management of their condition. iglucose uses mobile technology to seamlessly communicate blood glucose readings from an individual's data-capable glucometer to the iglucose diabetes management portal, where, with the user's consent, glucose readings can be shared automatically with family members, caregivers and healthcare professionals via text message, email or fax. iglucose does not require the use of a cell phone or a wireless plan. The Company expects the initial roll-out of iglucose to commence in the second quarter of 2012.
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
Trilogy Capital Partners, Inc.
Darren Minton, President
Toll-free: 800-592-6067
info@trilogy-capital.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
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