WednesdayJan 30, 2008 7:06 pm

HotOtc Featured Company: Penwest Pharmaceuticals (PPCO) Continues its Research

A steady stream of FDA approvals drive most pharmaceutical companies. Any break in the flow interrupts the organic flow of the company. Baring any eureka moments, all that a company can do is wait. Penwest Pharmaceuticals Inc., a pharmaceutical development company, is primarily engaged in development and marketing of neurological drugs. Its strategic partner in the sale of its products is Chadds Ford, Pa based ENDO Pharmaceuticals Inc. The company’s current pipeline of products is back end loaded with two products heading for phase IIa/III or orphan phase 1/1a safety approval by the FDA in 2008. Estimated phase III and…

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WednesdayJan 30, 2008 7:04 pm

Megadata Corporation (MDTA.OB) Reports Strong Increases in Both Sales and Profits.

Megadata Corp owns and operates a unique database of flight information with proprietary decision-making software, primarily powered by a growing international network of passive radars (PASSURs). PASSUR creates a single source of hard to access aviation data that is becoming the aviation industry standard for complete independent, accurate and timely information for airlines, airports, corporate aviation as well as to the U.S. Government. In addition, the company has created and implemented collaborative web-based software that allows the company’s customers to instantly share information to improve individual and joint decision-making, creating additional value for those customers. In 2007 more than 25…

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WednesdayJan 30, 2008 6:55 pm

Universal Detection Technology (UDTT.OB) Management has a Professional Team of Medical Executives and Corporate Formation Experts

Coming from NASA laboratory, this company formed to market a spore detection technology as well as develop other technologies. Its ultimate goal is to take a proactive stand against Bio-Terrorism. The technology continuously detects spore particles that signal Anthrax attacks. They also offer pre and post incident-planning service. The company is lead by a CEO that has extensive private and public company knowledge as well as an experienced team of Scientists. The CEO and Chairman Mr. Jacques Tizabi is an experienced public speaker with numerous private and public company management experience that spans medical, information systems, entertainment, and international business…

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WednesdayJan 30, 2008 6:48 pm

Countrywide Reports One-Third Delinquent

In its earnings report released for the fourth quarter Countrywide Financial (NYSE: CFC), the nation’s leading mortgage lender, revealed along with a $422 million loss that fully one-third of its subprime mortgage loans are delinquent. The loss is 79 cents a share, compared with the year-earlier quarter which saw a profit of $1.01 a share, or net income of $622 million. The delinquency rate of 33% is a further erosion from last quarter’s 29.6% delinquency rate. The continuing credit crisis for Countrywide is also evident in that these delinquencies had not yet been written off, so there is the feeling…

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WednesdayJan 30, 2008 6:45 pm

No Tailwind for Airlines

With the possibility of congressional opposition to airline mergers, and the carriers continuing to face rising costs, the prospects for relief in the industry are unclear. James Oberstar, D-Minnesota, Chairman of the Transportation and Infrastructure Committee, said in a CNN Money report of the possible mergers, “Hell, no.” He will carry his aggressive anti-merger fight to the Justice and Transportation Depts., pressuring them to deny approval of proposed airline mergers. Delta (NYSE: DAL) is in early talks with United (NASDAQ: UAUA) and Northwest (NYSE: NWA). If a merger takes place there, speculation is that Continental (NYSE: CAL) will need to…

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WednesdayJan 30, 2008 6:41 pm

Shan Xi Lv Bao Environmental Eco Industry Management Co., Ltd. (EVEH.OB) Positioned to Maximize Chinese Greening

Shan Xi Lv Bao Environmental Eco Industry Management Co., Ltd., a wholly owned subsidiary of Environment Ecology Holding Company of China (EVEH), has the technological expertise to take advantage of China's mandated "greenland" policy (which says that by 2010 a forest-based vegetative cover rate of 70 percent must be achieved in Chinese cities, with vegetation equivalent to approximately 33 square feet per person). This policy, known as the Urban Residential Community Plan and Design Criteria, anticipates the forestation, or greening, of roughly 4 million square feet per year. EVEH, with 14 years experience in developing scientific and engineering technology in…

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WednesdayJan 30, 2008 6:37 pm

Alpine TLI Group, Inc. (APGR.PK) Aligned to Obtain $20 Million-Plus in Arizona Liens

On Jan. 30, Alpine TLI Group, Inc. announced its participation in the Maricopa, Arizona tax sale, a group of properties whose location and valuation exhibit the potential to accrue more than $20 million in investment opportunity. Alpine, a full-service property management company vested in tax lien and tax deed purchases based on intensive market research which identifies prime real estate areas, typically acquires tax lien property for between 1 and 20 percent of the property's value. When redeemed by the owner(s), these properties show an APR return of between 4 and 25 percent. When not redeemed, Alpine holds deed to…

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WednesdayJan 30, 2008 6:30 pm

Ultralife Batteries, Inc. (ULBI) Awarded Exclusive UK Contract; Enters Into Agreement with Mississippi State University

Ultralife Batteries (ULBI) headquartered in Newark, New Jersey, offers products and services ranging from portable and standby power solutions to communications and electronics systems. Through its engineering and collaborative approach to problem solving, Ultralife serves government, defense and commercial customers across the globe. Recently the company was awarded an exclusive contract from a UK defense prime contractor valued at approximately $7M to provide lithium ion rechargeable batteries and chargers to the British military. Ultralife also entered into a technology partnership with Mississippi State University to develop fuel cell-battery portable power systems enabling lightweight, long endurance military missions. The development of…

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WednesdayJan 30, 2008 6:26 pm

Capstone Turbine Corporation (CPST) Announces Launch of Ultra Low Emissions Product to Operate on Digester and Landfill Gas

Capstone Turbine Corporation (CPST) announced that it released configurations of the C65 kilowatt microturbine which meets the extremely low global emission requirements including California’s stringent waste gas emissions standard. A study performed by the U.S. Environmental Protection Agency (EPA) Landfill Methane Outreach Program (LMOP) has identified over 570 candidate sites in the U.S. along with potential capacity for 1,370MW and approximately 16M metric tons of carbon equivalent (MMTCE) potential emissions reductions. Landfills, in addition to digesters and coal bed methane, are key market verticals for the company’s C65 Landfill and Digester resource recover products. Certification to the new waste fuel…

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WednesdayJan 30, 2008 12:53 pm

Pressure BioSciences, Inc.’s (PBIO) Technology Trumps Standard Bone DNA Extraction Methods

Using its new, patented technique called Pressure Cycling Technology (PCT), Pressure BioSciences, Inc. (NASDAQ: PBIO) provides a safer, easier and more efficient method for DNA extraction from bone fragments than alternative methods. Usual methods for the extraction of DNA require pulverization because of the hardness of the bone. It is a time-consuming, open process that carries with it the risk of cross-contamination because the equipment is re-used for each procedure. Additionally, some methods use harsh chemicals, chaotropic agents and silica beads for decalcification. Pressure BioSciences’ technology eliminates the need for pulverization and harsh chemicals normally required, strengthening its appeal in…

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