January 2008 - Page 15 of 77

MondayJan 28, 2008 5:19 pm

Paradigm Medical Industries, Inc (PMED.OB) Signs an Exclusive Distribution Agreement With Italy's LACE Elettronica

Paradigm Medical Industries, Inc (PMED.OB), a leader in glaucoma diagnostic and management devices, announced that the company has signed an exclusive agreement with LACE Elettronica. Under the terms of this agreement, LACE is to distribute the company's proprietary GLAID electrophysiology instrument for the early detection of glaucoma. GLAID is a revolutionary diagnostic device that utilizes Pattern Electroretinogram technology to measure the degree of glaucoma in a patient. The GLAID device was approved by the U.S. Food and Drug Administration in 2007. GLAID has also undergone extensive testing and clinical studies in the U.S., Canada and Italy. Raymond Cannefax, Paridigm Medical's…

MondayJan 28, 2008 5:13 pm

Some Tech Stocks Reviewed

Many tech stocks have been slammed down in the general market thrashing that’s taken place. In the latest bloodletting just prior to the Fed rate cut, all sectors have been hit; the good with the bad have been thrown down. One such name, Tellabs, Inc. (NYSE: TLAB), has had a rough year, falling from a high of more than $13 per share down to a year-low of $5, recently trading at around $6. This is more than a 100% drop for the telecommunications equipment maker and provider. It earned only 1 cent per share earnings this quarter compared to 7…

MondayJan 28, 2008 5:09 pm

Pressure Biosciences Inc. (PBIO.OB) Intends to Continue Adding Additional Research and Development Projects as well as Personnel to Expand Product Substantiation

In an effort to commercialize its products, the company is adding research scientists. They believe that investment in these additional personnel will be beneficial to the implementation of its commercialization plan in two key ways. First, through the publication of uses for current products, and secondly through further inventions that rely on the company’s PCT™ technology. This will ultimately expand the scope of its current products and projects enhancing the company’s strategic position. A recent study conducted noted that the company’s PCT™ technology helped identify potential colon Biomarkers. Annual Scientific Meeting of the American College of Gastroenterology (ACG) presented the…

MondayJan 28, 2008 5:01 pm

Robbins & Myers, Inc. (RBN) Announces 2-for-1 Stock Split and Cash Dividend

Robbins and Myers, Inc. (RBN) announced that its Board of Directors declared a 2-for-1 stock split of the company’s common shares, to be effected in the form of a share dividend. Shareholders will receive one additional share for each common share of Robbins & Myers, Inc. owned as of the close of business on the record date of February 4, 2008. The additional shares will be issued on February 28, 2008. As a result of the stock split, the number of common shares issued and outstanding will increase from approximately 17.2M shares to approximately 34.4M shares. The Board of Directors…

MondayJan 28, 2008 2:36 pm

January 28th CEOcast Weekly Newsletter

In a volatile week caused by markets plunging around the globe, the major averages were spared a large drop by the largest cut in the federal funds rate in more than twenty years. The Dow finished the week up 108 points, reducing its year to date loss to 8%. Nasdaq, the only average to drop during the week, lost 14 points as it continued its slide, bringing its year to date loss to 12.3%. The S&P 500 rose a modest 5 points, keeping its year to date loss at 9.4%. The Russell 2000 rose 15 points for the week, mollifying…

MondayJan 28, 2008 1:20 pm

Material Technologies, Inc. (MTTG.OB) Bridge Market

Materials Technologies, Inc. (MATECH) will market its EPS product, a nondestructive crack inspection technology, to the federal government, state-level department of transportation agencies, 42 bridge authorities, military agencies, railroad companies and other privately owned transportation and construction based firms. The U.S. Congress has publicly acknowledged the problem of the nation’s aging surface transportation system, and has passed legislation for rehabilitation including the Intermodal Surface Transportation and Efficiency Act (ISTEA) and the Transportation Equity Act (TEA-21). Replacing and retrofitting bridges is extremely costly; thus, states are required to have an effective bridge management system in place in order to receive funding…

MondayJan 28, 2008 1:17 pm

Material Technologies, Inc. (MTTG.OB) Operational Considerations

The Electrochemical Fatigue Sensor (EFS), Material Technologies’ (MATECH) proprietary nondestructive crack inspection technology, is designed to detect cracks in structures under live loads such as highway bridges. The EFS sensor increases the safety of metal infrastructures and the efficiency of bridge management by providing more timely fatigue crack detection. This product does not require a skilled operator and can detect cracks as small as 0.01 inches in steel, aluminum, titanium alloys, and other metals. Several organizations have conducted beta tests with MATECH’s EPS technology on actual bridges and have confirmed that the device accurately detects growing cracks in bridge steels.…

MondayJan 28, 2008 12:26 pm

Famous Uncle Al's Hot Dogs & Grille, Inc. (FDOG.OB) is Committed to Increasing the Value of Its Franchise through Strategic Expansion Programs

Famous Uncle Al's Hot Dogs & Grille, Inc. owns the exclusive worldwide rights to franchise Famous Uncle Al's Hot Dogs & Grille restaurants. The original Famous Uncle Al's restaurant was opened in 1985 and then expanded throughout the Virginia Beach area. Today Famous Uncle Al's Hot Dogs & Grille restaurants are available for franchise in most of the U.S. The company has franchised restaurants operating in Virginia, Florida, Connecticut and Nevada and plans to expand in other areas. Al, the founder of the restaurant grew up in Brooklyn where good food is a tradition and eating hot dogs is a…

MondayJan 28, 2008 12:20 pm

OTCPicks Featured Company: FLO Corporation (FLRP.OB) to Participate in Hilton HHonors® Program

FLO Corporation announced that they have come to an agreement with Hilton HHonors® Worldwide that will offer Hilton HHonors members the ability to redeem HHonors points for an annual membership to FLO. FLO Corporation is a leading Registered Traveler (RT) services provider. The new participation agreement will be available to customers and clients beginning February 15, 2008. This will be the first time that FLO Corporation has participated in a national hotel customer loyalty program redemption agreement. FLO provides a U.S. Transportation Security Administration and approved RT solution that runs on the platform developed during the TSA's pilot programs. Members…

MondayJan 28, 2008 12:07 pm

Wall Street Grand Report Featured Company: Spirit Exploration, Inc. (SPXP.PK)

Spirit Exploration, Inc. (SPXP.PK), headquartered in Victoria, B.C. operates in mineral-rich Southern Ecuador through its (99 percent owned) subsidiary, Ecuardorgold Corp., S.A. Spirit Exploration, focused on the discovery and initial extraction of gold, silver and copper, is currently vested in the Muluncay Project, Machala, S. Ecuador, where low labor and fuel costs, and gold deposits meeting or exceeding 10 grams per ton, make extraction lucrative. Spirit also has several additional mining opportunities in Ecuador. In order to expand both its mining and processing capacity, Spirit proposes to offer 300,000,000 shares; there are currently 48,025,000 shares outstanding. The shares are intended…

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Month: January 2008