MondayOct 13, 2008 3:43 pm

October 13th CEOcast Weekly Newsletter

Companies featured in the current edition of the newsletter: ACTC, CETG, CVM, ENZ, FMTI, GNBT, HJHO, HYTM, ILNS, ICLK, ITUI, LPHC, SWYV, XCR There was blood on Wall Street last week as the major averages plunged further in a historic collapse. The Dow lost an astonishing 1,874 points for the week, or 18.2%, and is now down 36.3% for 2008. The Nasdaq did not do much better with a loss of nearly 298 points for the week to push its year-to-date loss to 37.8%. The S&P dropped 200 points, resulting in a 2008 loss to date of 38.8%, and the…

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MondayOct 13, 2008 1:18 pm

Performance Health Technologies, Inc. (PFMH.OB) President and CEO Looking Ahead to Great Success in the Future

The President and CEO of Performance Health Technologies, Inc. (PFMH.OB), Robert D. Prunetti, brings more than twenty years of management expertise, both in the public and private sector. Mr. Prunetti previously served as the company's executive vice president and director. Performance Health Technologies is a leading developer of performance evaluation and rehabilitation products that monitor and facilitate exercises and give real-time motivational feedback to patients and physicians. Mr. Prunetti is responsible for all strategic and operational aspects of Performance Health Technologies. A core responsibility lies on guiding the company's continued growth by focusing on the commercialization of innovative products that…

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MondayOct 13, 2008 1:15 pm

Capstone Turbine Corporation (CPST) Ahead of Schedule for Meeting Development Agreement Milestones

Capstone Turbine Corporation is a global manufacturer of low-emission microturbine systems. The company’s award-winning systems are designed to improve the efficiency of U.S. energy infrastructure and to reduce the emission of greenhouse gases. To fuel this mission the company is a member of the U.S. Environmental Protection Agency’s Combined Heat and Power Partnership. The company today announced it has received a payment from UTC Power, of United Technologies Corp. (NYSE: UTX), for the completion of the fifth of six “Microturbine Build” milestones as part of the 200kW microturbine development and commercialization agreement between the companies. Including today’s announcement, Capstone has…

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MondayOct 13, 2008 1:05 pm

Neohydro Technologies Corp. (NHYT.OB) in the Top Ten Most Promising Clean Technology Companies

Neohydro Technologies racks up another amazing accomplishment and receives accolades for its attention and dedication to improving the world we all share. The “Rice Alliance for Technology & Entrepreneurship Energy & Clean Technology Venture Forum" was held in Houston last week and Neohydro came back with even more praise and industry awareness. Neohydro’s mobile water renewal units treat water onsite, eliminating costly transportation costs. The process uses electrolysis to break down salt an water molecules in wastewater to naturally produce a powerful oxidizing solution that destroys BODs (biological oxygen demand) and CODs (chemical oxygen demand). As the “Green” movement continues,…

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MondayOct 13, 2008 12:54 pm

Vault Technology Inc. (VULT.OB) is “One to Watch”

Trading on the OTCBB, Vault Technology Inc. is a resource exploration and development company focused on their uranium project in the Wollaston domain of North Eastern Saskatchewan, Canada. They are also exploring other opportunities in the products and services realm. Their venture into this area is in audiovisual systems integration, home theater systems, and digital media. Headquartered in Fort Lauderdale, Florida, Vault Technology has begun final negotiations to acquire three businesses. Two of these are successful audiovisual integration businesses and the other is a leading manufacturer of digital audio and video data storage products. Vault is engaging in the development…

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MondayOct 13, 2008 11:46 am

Tri-Star Holdings, Inc. (TSHL.PK) is “One to Watch”

Tri-Star Holdings, Inc. (TSHL.PK) was founded with the primary goal of identifying and investing in undervalued companies and technologies with exceptional return potential. The company looks for opportunities that, with the proper funding and support, can generate significantly increased revenues. Tri-Star is currently forming TriStar Gold to take advantage of precious metals mining opportunities, and has recently begun development of its first gold mine, Lucky Linda #1 in Nevada. The investment is based upon reports from core sample assays taken from various locations on the company’s 160-acre claim, indicating gold concentrations as high as 10 ounces per ton. A secondary…

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MondayOct 13, 2008 11:24 am

Neohydro Technologies Corp. (NHYT.OB) Wins Praise for Development Of Advanced Water Treatment System

Neohydro Technologies Corp. (NHYT.OB), Houston based developer of a revolutionary electrolysis system for treating water, has been named one of the top ten most promising Energy & Clean Technology companies at the 6th Annual Rice Alliance for Technology & Entrepreneurship Energy & Clean Technology Venture Forum in Houston. The forum had an impressive audience of more than 600 investors, venture capitalists, industry representatives, business leaders, and entrepreneurs. Rice Alliance Managing Director Brad Burke, stated, “Every year the quality of companies improves. Many of the companies at this year’s event have developed prototypes, obtained proven results and are on their second…

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MondayOct 13, 2008 11:05 am

Wall Street Rallies on Monday

Following what was arguably the most disappointing week in stock market history, America's three major indeces showed signs of recovery on Monday. The Dow spiked as much as 600 points as governments around the globe announced major steps toward financial relief. Indeed, relief was the general feeling down on the Street; a welcome change following eight days of relative panic. The NASDAQ and the S&P also jumped several percentage points. As of 2:30 pm edt, all three indeces were showing increases of six percent or greater. Let us hear your thoughts below:

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MondayOct 13, 2008 11:03 am

Europe Takes Action Against Bank Failure

America's financial troubles are now the world's as foreign officials scramble to heal injured credit markets. In what certainly can be called the most unified protective effort yet, European governments have collectively pledged to inject close to $2 trillion into the continent's banking system. The huge rescue plan was agreed upon yesterday by the fifteen nations that adopted the euro, including Britain, Germany, France, Spain, Austria and Portugal. News of the enormous aid package has led to calmer markets, and bolstered stocks on Monday. Let us hear your thoughts below:

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MondayOct 13, 2008 11:02 am

Bank Execs Convene in Washington to Discuss Rescue

On Monday, the heads of some of the nation's largest banks were called to Washington in order to discuss the details of moving forward with the rescue package. Five CEOs sat in on the Treasury Department meeting, aimed at finalizing the government's plan. Goldman Sachs' Lloyd Blankfein, Morgan Stanley's John Mack, Citigroup's Vikram Pandit, JPMorgan's Jamie Dimon, and Bank of America's Kenneth Lewis were all in attendance. The result of the meeting should hopefully be a clearer picture of what Americans can expect to see over the next few weeks. Let us hear your thoughts below:

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