May 2011 - Page 25 of 33

MondayMay 09, 2011 3:30 pm

FINRA Rule 6460 Goes Effective Today; Greatly Benefits OTC Traders

Those who use Level2 (also known as L2) when trading on the Over-The-Counter (OTC) Market may have noticed a big difference today. Market makers (MMs) are now showing the full size of all limit orders since they no longer have the ability to mask the number of shares they are looking to purchase or sell. This rule was originally implemented for exchange-listed stocks in 1997, but was just today extended to the OTC marketplace. Now OTC traders will have the ability to see the true number of shares market makers are offering or willing to purchase, allowing the investment community…

MondayMay 09, 2011 2:11 pm

Far East Energy Corp. (FEEC) Appoints Coal Bed Methane Guru David J. Minor to Director of Operations

Far East Energy, with its world HQ in Houston, TX and satellites in key locations in China, is rapidly emerging as a top oil and gas developer, and is currently focused on domestic and Chinese coal bed methane (CBM) targets. The Company reported today, in conjunction with aggressive plans to continue to develop and expand CBM activity in China, the retention of noted CBM industry expert David J. Minor, who has been appointed to Executive Director of Operations and will report directly to President and CEO Michael R. McElwrath. McElwrath commented on the appointment and extolled the vast CBM experience…

MondayMay 09, 2011 1:57 pm

Simulated Environment Concepts, Inc. (SMEV) Plans a Worldwide Micro-Spa Empire

“My first day in business was phenomenal! The minute we opened we started making money. I’ve never seen anything like this!” What they’re talking about is, according to SE Concepts, the most powerful business tool in any business. Specifically, they’re describing the use of SpaCapsule®, the company’s all-in-one water massage and sensory stimulation system, as a source for making money. Testimonials, as we all know, are a dime a dozen, but SE Concepts insists that the above is the most typical testimony you will hear from all the owners of the Mall Retail-Kiosk Business, one of the company’s programs for…

MondayMay 09, 2011 1:38 pm

CUI Global Inc. (CUGI) Posts Q1 Improvements, 31% Hike in Earnings

CUI Global Inc., a platform company focused on the acquisition, development and commercialization of new, innovative technologies, today posted its unaudited financial and operational results for the first quarter 2011. • Revenues increased 31 percent to $10.0 million from $7.7 million in the same year-ago quarter • Net loss for the quarter decreased to $94,000 from $1.2 million in first quarter of 2010 • EBIDTA increased 292 percent to $553,000 compared to $141,000 in the same year-ago quarter The company attributes the improvements to its new products, enhanced sales efforts, and technology acquisition opportunities. “In the first quarter, we continued…

MondayMay 09, 2011 1:27 pm

Yadkin Valley Financial Corp. (YAVY) Announces the Closing of Capital Raise

Yadkin Valley Financial Corp., a holding company for Yadkin Valley Bank and Trust Company that offers consumer and commercial banking services in northwestern North Carolina, officially announced the closing of a $6.4 million capital raise. "We are greatly encouraged by the extraordinary support we received from across our market area to include insiders, such as the Board, executives, and employees, and selected outside investors," said Joseph H. Towell, President and CEO of Yadkin Valley Financial. "This capital raise is part of Yadkin Valley's strategic plan to increase shareholder value, and we are very pleased with this progress in a difficult…

MondayMay 09, 2011 1:23 pm

Bacterin International Holdings Inc. (BONE) to Begin Distribution of Its Third Biological Scaffold

Bacterin International Holdings Inc. is the developer of revolutionary bone graft material and antimicrobial coatings for a number of medical applications. The company's proprietary methods optimize the growth factors in human allografts to create the ideal stem cell scaffold and promote bone and other tissue growth. The company announced recently that it is commencing distribution of Bacterin's third human acellular biological scaffold, hMatrix, an acellular dermal scaffold. It is an acellular matrix processed from donated human dermal tissue that is used to replace damaged tissue or repair, reinforce or support soft tissue defects. hMatrix retains the natural structure of dermis…

MondayMay 09, 2011 1:17 pm

Hondo Minerals Corp. (HMNC) Reports Update on Tennessee Property

Hondo Minerals Corp. issued an updated review on its mining activities at its properties in the United States, where the company is actively prospecting for gold, silver and other metals. Hondo Minerals reported that it has signed a purchase agreement for processing equipment in the amount of $2.4 million. The company estimates that the equipment has a fair market value of $4 million. Hondo Minerals said that the equipment is slated for use at the Tennessee Mine facility where the company is targeting gold, silver and zinc. The equipment will enable Hondo Minerals to process between ten and twenty tons…

MondayMay 09, 2011 11:23 am

Star Scientific, Inc. (CIGX) Video Chart for Monday, May 9, 2011

CIGX is putting together a new uptrend since pulling back from its April highs in excess of $5 per share. The indicators are aligning and the chart is hitting our watchlist for continuation. To view the video chart, visit the following link: http://www.qualitystocks.net/videocharts.php Let us hear your thoughts below:

MondayMay 09, 2011 8:53 am

Max Media Group, Inc. (MXMI) Provides Investors with Corporate Update

Today before the opening bell, Max Media Group, Inc. announced several updates. As reported previously, the company has entered into multiple Letter of Intents for various acquisitions. Max Media is currently finalizing the terms and conditions regarding B2LIVE and The Golden Voice, anticipating the deals to proceed to definitive agreements over the next few days. CEO Jim Grady stated, "It is our intention to aggressively take advantage of the huge discrepancy in the market for buying and selling smaller websites (generally with price tags under $1 million). By acquiring smaller sites at the lower multiples and networking them together under…

MondayMay 09, 2011 8:41 am

NovaBay Pharmaceuticals Inc. (NBY) Showcases 3 New Biotech Compounds at Florida Ophthalmology Conference

NovaBay Pharmaceuticals Inc., a clinical-stage biotech company developing compounds to fight bacteria, fungi and viruses, presented a poster at the 2011 Conference of the Association for Research in Vision and Ophthalmology (ARVO) held this week in Fort Lauderdale, Fla. The poster, titled “AganocideÂ® Compounds Effective Against Ophthalmic Pathogens,” highlights three new Aganocide compounds similar to NovaBay’s lead anti-infective Aganocide compound, NVC-422. Novabay’s NVC-727, NVC-638, and NVC-704 compounds are broad-spectrum, fast-acting antimicrobial agents designed with the same mechanism of action but different activity profiles. The three new compounds expand Novabay’s current portfolio of Aganocide compounds and open a door for the…

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Month: May 2011