March 2009 - Page 9 of 28

FridayMar 20, 2009 7:02 am

NATCO International Inc. (NCII.OB) Changes Company Name and Adds New Director

NATCO International Inc. announced today that it has changed its company name to P2 Solar, Inc. The company believes this new name better reflects the new business direction of the company into solar energy. P2 Solar, Inc. anticipates announcing its new trading symbol once it is received from the regulators. P2 Solar, Inc. also told investors that it has added Mr. Hans Edblad to its Board of Directors. Mr. Edblad has been assisting the company over the last couple of years as a consultant, and brings with him years of entrepreneurial experience. Mr. Raj Gurm, CEO of P2 Solar, Inc.…

FridayMar 20, 2009 5:41 am

Kirkland’s, Inc. (KIRK) Announces Financial Results for Fourth Quarter

Today, Kirkland’s, Inc. announced its financial results for the 13-week and 52-week periods ended January 31, 2009. Comparable store sales for the fourth quarter of fiscal 2008 increased 5.3% compared with a 12.6% sales decrease in the fourth quarter of fiscal 2007. During the 52-week period ended January 31, 2009, comparable store sales in mall stores increased 6.9% while comparable store sales in off-mall stores increased 2.1%. For the 13-week period ended January 31, 2009, the company reported net income of $15.0 million, or $0.76 per diluted share, compared with net income of $1.5 million, or $0.08 per diluted share,…

FridayMar 20, 2009 5:31 am

Universal Tracking Solutions, Inc. (UTRK.OB) Announces QualityStocks Coverage

Universal Tracking Solutions, Inc. announced they will be featured in upcoming Daily Newsletters, Daily Blogs, Message Boards, and the Small Cap Daily Internet broadcasts put out by QualityStocks. QualityStocks has over 750,000 subscribers to The Daily Stock Newsletter, which is a free service that collects data from hundreds of Small-Cap and Micro-Cap online Investment Newsletters and puts it all into one Free Daily Newsletter Report. Universal Tracking Solutions is focused on providing telemetry and GPS fleet tracking systems. The company concentrates on the mid-level GPS fleet tracking space in the United States, Mexico and Canada. This market is anticipated to…

FridayMar 20, 2009 5:24 am

3DIcon Corp. (TDCP.OB) Forms Technical Advisory Board; Appoints Dr. Thomas W. Allen as Initial Technical Advisor

3DIcon Corporation, a development-stage technology company, announced this morning that it has established a Technical Advisory Board to support and guide the development of commercial applications for its patented volumetric 3D display system. Dr. Thomas W. Allen has been appointed as the initial advisory director. His credentials include serving as a Dean with the Oklahoma State University Medical School and Midwest University Chicago College of Osteopathic Medicine. He has also served as a Colonel in the Medical Corps of the United States Army Reserve and currently serves on many Federal and state boards and commissions. Dr. Allen commented, "I am…

FridayMar 20, 2009 5:20 am

InSight Health Services Holdings Corp. (ISGT.OB) Signs Agreement to Acquire Two Boston-Metro Imaging Centers

Yesterday after the closing bell, InSight Health Services announced that it has entered into a definitive agreement for the acquisition of two imaging centers in the Boston-metropolitan area for approx. $8.1 million in cash. Together, these centers generate approximately $5.6 million in yearly revenues. The acquisition is anticipated to close next month. Kip Hallman, InSight’s President and CEO, commented, “This acquisition is consistent with our strategy of making targeted investments in strategic markets, and to be strongly aligned with quality, subspecialty radiology groups. These centers complement our New England regional presence, which stretches from Maine to Connecticut, and we are…

ThursdayMar 19, 2009 12:54 pm

FormCap (FRMC.PK) Enters Into Joint Venture

FORMCAP CORP (FRMC.PK), a product and services development company, today announced that it had entered into a Joint Venture Development and Operating Agreement with MLXjet, Inc. and MLXjet Media Corp.The ownership and revenue interests of the Parties under this Joint Venture shall be a 60% (sixty percent) interest to FormCap and a 40% (forty percent) interest to MLXjet Inc. FormCap shall be the operator and/or manager of the JV Assets and the Joint Venture. Purpose and Creation of the Joint Venture and Project The Assets of MLXjet and FormCap are to be owned and operated jointly as the Joint Venture.…

ThursdayMar 19, 2009 11:15 am

MultiCell Technologies, Inc. (MCET.OB) To Attack Liver Cancer

MultiCell Technologies, Inc., an integrated biopharmaceutical company based in Rhode Island, announced today that it has entered into a cooperative research and development agreement with Maxim Biotech, Inc., a non-public Maryland-based medical research products company. The focus of the research will be the development of products for working with liver stem cells in the detection and treatment of liver cancer. Although not one of the most common types of cancer in the U.S., liver cancer is still deadly. Nationwide there were over 21,000 new cases of primary liver cancer and intrahepatic bile duct cancer in 2008 according to the National…

ThursdayMar 19, 2009 10:20 am

Wall Street Reacts to Unemployment Report; Pink Slips a Common Conversation Starter

It’s common for casual conversation to turn to the economy, and it’s even more common for talk of who got laid off and how long ago. It’s a tiresome conversation reflecting a stressful economic environment that has spurred a wealth of “How NOT to get Laid Off,” articles and networking groups. And even though jobless claims fell more than was expected last week, there are economists that warn it’s going to get worse before it gets better. According to the Labor Department, continuing jobless claims hit a new high for the eighth consecutive week. While first-time requests for unemployment benefits…

ThursdayMar 19, 2009 8:53 am

Kraig Biocraft Laboratories, Inc. (KBLB.OB): What’s So Exciting About Spider Silk?

Spider Silk is one of the strongest fibers found in nature. Along with its incredible strength, the fiber is also extremely elastic and resilient, and has several properties that are unmatched by even the most exotic of man-made fibers. One of the most important properties of spider silk, however, is its extreme resistance to breaking under strain. Relative to this property, spider silk outperforms virtually all known natural and synthetic fibers. Because spider silk also has the unparalleled capacity to absorb energy and dissipate it in a very controlled manner, this fiber is especially attractive for applications where energy absorption…

ThursdayMar 19, 2009 8:22 am

GTX Corp (GTXO.OB) Helps Monitor Children and Seniors within Safe Zones

Since the company was founded in 2002, GTX Corp has been committed to creating personal location solutions to keep all types of people safer. With our society becoming much more mobile than it was 25 years ago, GTX has dedicated its efforts to developing miniaturized GPS tracking devices into a variety of consumer products. One of the first products that GTX has developed is the Xplorer, an athletic shoe that incorporates a small GPX tracking device into the sole of the shoe along with a number of other patent-pending ideas. As with any other electronic device, the Xplorer needs a…

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Month: March 2009