March 2008 - Page 11 of 68

ThursdayMar 27, 2008 4:06 am

Qmed, Inc. (QMED) Files 10k Just in Time but Has a Decrease in Revenues

QMed, Inc. (Nasdaq: QMED) announced their financial results for the fourth quarter and fiscal year ending November 30, 2007. The revenues for the year decreased to $5,246,789 from $8,136,305 a year ago, while revenues for the three-month period ended November 30, 2007 decreased to $1,527,094 from $1,817,943. On March 24, 2007, QMed received a NASDAQ staff determination letter dated March 18, 2008, notifying the company that it was not in compliance. The reason for the noncompliance letter was due to its failure to timely file its 10K Annual Report for the year ending November 30, 2007 with the SEC. This…

ThursdayMar 27, 2008 3:59 am

Red Lake Exploration, Inc. (RLXK.OB) is Fully Focused on Chilean Potential

Canadian company Red Lake Exploration provides mining exploration and development. Previously the company was involved in Canada’s Red Lake mining region, where they explored for mining viability. Since then they have refocused their efforts on Chile’s III region. Chile’s III region is well known for copper, iron, and gold mines. The company first identifies viable mining land, like the three sites in Chile’s III region. After the sites are identified, they then put options to buy contracts on the properties in accordance with all local laws. They currently have contracts on three sites: Farellon, Camila, and Santa Rosa. Two of…

ThursdayMar 27, 2008 3:55 am

Cord Blood America, Inc. (CBAI.OB) – Stem Cells Make News Yet Again

On Wednesday March 19, Maureen Kearney wrote an article for the West Seattle Herald about mothers being urged to donate their cord blood to centers. Why would mothers be urged to do such a thing? Because in a lot of ways, it could end up being the greatest long-term gift a parent could give. Research and development has shown that Cord blood stem cells, removed from the blood remaining in the umbilical cord and placenta after the birth of a baby, has tremendous future value for treating blood disorders and genetic diseases because the concordant stem cells in blood can…

ThursdayMar 27, 2008 3:46 am

Universal Detection Technology (UDTT.OB) Receives First Order for Anti MRSA Products in China

Universal Detection Technology (UDTT), a manufacturer of systems able to detect bio-hazardous and infectious threats, announced that it received its first purchase order for anti-MRSA products from Kandinuo Science and Technology of Beijing. MRSA stands for multiple-resistant Staphylococcus aureus, bacteria responsible for difficult-to-treat infections in humans. Jacquest Tizabi, UDTT’s Chairman and CEO stated: "This is the second purchase order we have received from our Chinese distributor pursuant to our recent agreement. The first order was related to our line of bio-terrorism detection products. We look forward to establishing an effective and long-term relationship with Kadinuo and to use their influence…

WednesdayMar 26, 2008 6:23 pm

Communicate.com (CMNN.OB) to Change Name to Live Current Media Inc. Pending Shareholder Approval

Communicate.com, Inc., a company that builds, owns and operates some of the most powerful and engaging content and commerce destinations on the Internet, announced a potential name change to Live Current Media, Inc. pending agreement from its shareholders. Live Current intends to turn its notable set of first-class properties into independent booming businesses, evidenced by its first move on March 26th, when it entered into a definitive agreement to obtain Auctomatic, an early stage start-up founded by Y Combinator LLC and other investors. Auctomatic has developed commerce technology and tools that allow sellers to effortlessly transact business online through sites…

WednesdayMar 26, 2008 6:12 pm

DNS Arrow, subsidiary of DNSint.com, part of Arrow Group Companies (ARW), Signs Exclusive Agreement with Tumbleweed® in the UK and Ireland

DNS Arrow, a subsidiary of DNSint.com and part of the worldwide Arrow Group of companies, inked an exclusive distribution agreement in the UK and Ireland with Tumbleweed® Communications, which is an industry leader in managed file transfer and email security. The partnership will center on Tumbleweed’s Secure Transport™ product, which is ideally positioned to meet the demands of the rapidly growing managed file transfer market. The agreement will also see DNS Arrow distribute Tumbleweed’s comprehensive suite of email security products, including Secure Messenger™ for email encryption and MailGate® for inbound and outbound email security. A number of high profile data…

WednesdayMar 26, 2008 6:10 pm

Nilam Resources, Inc. (NILR.OB) Negotiating Acquisition Exceeding $1 Billion USD Gross Value

Nilam Resources, an established foreign metal producer in Peru, announced current negotiations for an additional acquisition. The company’s long and established relationships with Peru have given the company many opportunities to some of the most sought-after properties in the country, which allows Nilam Resources to have the first right of refusal on exceptional developments. The company desires to add only the best properties, which will raise shareholder value greatly. “We are very pleased with our current projects and look forward to ongoing growth,” said Alain Vachone. “'Nilams' goal is to become a major mining company in Peru which will happen…

WednesdayMar 26, 2008 5:02 pm

Borders Group (NYSE: BGP) Shows Shift in Shopping Habits

Borders Group (NYSE: BGP), which - along with its earnings report last week - suspended its dividend and announced it was considering putting itself up for sale, can probably trace most of its current difficulties to changing shopping patterns by its retail customers. When Borders, which owns and operates WaldenBooks as well as Borders bookstores, experienced more continuous prosperity several years ago as opposed to recently, consumers still did the vast majority of their shopping in person in brick-and-mortar stores. Now, each year more and more people shop on the internet, and - while this shift in retail consumption has…

WednesdayMar 26, 2008 4:54 pm

Key Technology, Inc. (KTEC) Unveils Manta

Key Technology, Inc. (KTEC), headquartered in Walla Walla, Washington, recently introduced Manta™, a new state-of-the-art high volume, high performance sorter. Manta, developed in response to a market need for improved production efficiency at higher capacities, is the company’s largest optical inspection system. This system extends the company’s family of sorters to meet a broad range of customer requirements. Manta incorporates the company’s G6 processing platform and features a two-meter wide scan area that can process up to 27 metric tons (60,000 pounds) of processed vegetables or fruit per hour. While initial solutions target the needs of the processed vegetable and…

WednesdayMar 26, 2008 4:49 pm

AbsoluteSKY, Inc. (ABSY.PK) Sales Advance 300 Percent in the First Quarter

AbsoluteSKY, Inc. (ABSY.PK), developer of the item-level intelliTRACKER™ inventory tracking solution, recently announced that it has ended the first quarter with a 300 percent increase in revenue over the previous quarter. This increase confirms the continued traction AbsoluteSKY has generated in its commercial phase. The market response to the intelliTRACKER™ product suite among leading retailers remains strong due to the substantial efficiency gains produced by the system. The intelliTRACKER™ product suite comprises a modular, scalable solution set that can be implemented across an enterprise to exploit the benefits of Radio Frequency Identification (RFID), while enhancing overall productivity and customer satisfaction.…

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Month: March 2008