ALR Technologies, Inc. (OTCBB: ALRT) – Monday’s shares went up 5.56% to $0.095. 5,000 shares were traded. ALR Technologies announced on August 24th that PageMinder, Inc., the regimen compliance consultant for Missouri Medicaid, has received approval to allow use of ALR Technologies’ ALRT500 Health Management Product, or the “Electronic Nurse(TM),” with chronic care patients. “Missouri Medicaid is looking for new advancements to achieve cost savings along with better services to individuals,” states Bob Reed, President of PageMinder, a healthcare technology company providing compliance services to Missouri Medicaid patients and other state Medicaid groups across the nation. “The ALRT500 compliance system provides important features and benefits that not only help keep the patient on their disease management regimen but also allow for intervention opportunity and the expected end result is healthier people and lower costs for Missouri Medicaid. Missouri Medicaid is clearly a leader in testing and implementing advances that will provide better care for their patient population, and the added value of cost effectiveness is something that all state Medicaid programs should take note of.”
ALR Technologies, Inc. is a pioneer in the emerging market for home health management and disease management industry. ALRT has developed technology-based, “clinically proven” medication reminder products and compliance monitoring and health intervention systems servicing the health care industry. ALRT’s products have been developed to address the growing problem of patient adherence to medical disease management treatments and activities that contribute to more than $140 billion dollars annually in excess healthcare costs. Healthcare costs in the US account for 15% of the gross domestic product and is expected to reach 25% by 2020. ALRT’s flagship product, the ALRT500 Health Management system, provides continued ongoing assistance to the patient and continued oversight after the patient has been released from the hospital, medical clinic, or the case manager has left their home.
GeneThera Inc. (OTCBB: GTHA)
GeneThera Inc. (OTCBB: GTHA) – Monday’s shares closed down 8.89% to $0.041. The volume was 522,350. On October 11th, GeneThera, Inc. announced the finalization, subject to final translation, of a Collaboration Agreement with Italy’s leading applied research laboratory, Istituto Zooprofilattico Sperimentale della Lombardia e dell’Emilia Romagna (IZSLER) to collaborate on scientific research related to the diagnosis of animal transmittable diseases. The Parties to this Agreement will endeavor to validate GeneThera’s proprietary technology by comparing 10,000 samples between GeneThera’s developed test and an approved Post Mortem test under ESFA guidelines for validation. Basically, GeneThera will be responsible for supervising all aspects of the testing under this Agreement, while the Institute will provide its facilities and assist in the accreditation and validation of the tests and technology of GeneThera.
GeneThera, Inc., a development stage company, develops molecular assays for the detection of food contaminating pathogens, veterinary diseases, and genetically modified organisms primarily in the United States. In addition, it is in process of developing therapeutic vaccines for the detection of chronic wasting disease, a disease affecting elk and deer in North America; and mad cow disease. GeneThera has an agreement with Istituto Zooprofilattico Sperimentale della Lombardia e dell’Emilia Romagna to collaborate on scientific research related to the diagnosis of animal transmittable diseases, such as Mad Cow Disease and Scrapie. The company, formerly known as Hand Brand Distribution, Inc., was founded by Antonio Milici. GeneThera was incorporated in 1995 and is based in Wheat Ridge, Colorado.
Dragon International Group Corporation (OTCBB: DRGG)
Dragon International Group Corporation (OTCBB: DRGG) – Monday’s shares increased 8.00% to $0.135. 1,367,485 was the volume. On October 16th Dragon International Group Corp. announced record operating results for the fiscal year ending June 30, 2006. The Company posted $18.43 million in net revenues, a 63% increase over fiscal year 2005 net revenues of $11.28 million. Dragon generated $1.227 million in operating income, a 620% increase compared to $175,000 in fiscal 2005. Excluding stock-based compensation and non-cash charges related to Dragon’s July 2005 debt financing and its conversion into equity this past fiscal year, EPS would have been $0.02 per share. The Company ended the fiscal year with stockholder equity of $8.246 million, approximately $0.14 per share, a record level for the Company.
Dragon International Group Corporation is one of China’s leading paper manufacturers and a distributor of a wide range of specialty paper products and packaging material. The company’s products are utilized for high end packaging in the cigarette, alcohol, gift, cosmetics, tea, and pharmaceutical industries. Dragon International has served as an agent for International Paper Company and Asia Pulp and Paper since 1998. Dragon International’s newly developed products have higher quality features than products currently available in the marketplace of China. These packaging products have the potential to immediately dominate a market currently dominated by low end packaging. Packaging products for both the consumer market of China and for exports is a focus of this company’s rapid expansion.
Who’s Your Daddy, Inc. (OTCBB: WYDY)
Who’s Your Daddy, Inc. (OTCBB: WYDY) – Monday’s shares decreased 2.34% to $1.25. 91,550 shares were traded. Who’s Your Daddy announced on October 12th that it expanded its Louisiana Distribution throughout the state with six major distributors, all of which are currently distributing Coors and Miller products. Each of the distributors will carry the entire Who’s Your Daddy line of “King of Energy” Drinks, consisting of its Regular, Sugar Free and Green Tea energy drinks. Four of the six Louisiana distributors have already reordered, while two of the recently added distributors will receive their first shipment as soon as next week. Who’s Your Daddy believes that these six distributors will provide distribution coverage throughout nearly seventy percent (70%) of the state. Edon Moyal, CEO of Who’s Your Daddy, said, “We are very pleased with the expansion of our distribution base throughout Louisiana. We believe that our new distribution partners will provide coverage throughout most of Louisiana in the immediate future, and we are very confident our `King of Energy’ Drinks will be well-represented, and equally well-received. We look forward to working closely with all of them and making Louisiana a huge success for everyone.”
Who’s Your Daddy, Inc., a California Corporation, has designed and licensed products featuring the label Who’s Your Daddy® since its inception in November, 2001. The Company holds more than a dozen trademark rights for over 300 products under the Who’s Your Daddy® label in the United States and Europe, and is currently in the process of obtaining similar trademark rights in various areas around the globe. The WYD brand expanded into the energy drink marketplace through the manufacturing and sale of the Who’s Your Daddy® “King of Energy®” drink. The Company has refocused its business plan to include the development of energy drinks within the beverage marketplace, in addition to licensing. The business strategy behind Who’s Your Daddy® focuses on maintaining the edge, energy and humor behind the Who’s Your Daddy® brand, while continuing to build brand awareness and recognition. The WYD brand is designed to be positioned within mass-market retail outlets, offering high quality, cutting edge products. The development and mass distribution of the energy drink will enable the Company to introduce other products into newly created distribution channels, allowing for economies of scale to assist in market entry and price positioning.
Nanoforce, Inc. (OTC: NNFC)
Nanoforce, Inc. (OTC: NNFC) – Monday’s shares closed down 38.89% to $0.11. The volume was 332,613. Nanoforce announced on October 10th the successful demonstration of STEEL SILK(tm) at the NanoTX ‘06 Conference in Dallas, Texas the week of October 2nd to 6th. The Company showcased this product at its booth and received intense interest from multiple organizations for a variety of applications. NNFC representatives answered questions about licensing and co-development opportunities for all of the materials and processes in its intellectual property portfolio. These included NNFC’s proprietary Nano-Cat(tm) petroleum catalyst line, the Poly-Web line of flocculants used to harvest micro-algae for bio-diesel, and Steel Silk, a self-assembling nano-material and one of the toughest fibers ever demonstrated worldwide. Nanoforce Director Dr. Russell R. Chianelli says, “Independent studies have shown that pound-for-pound, Steel Silk fibers exhibit about seven times the toughness of products currently used for blast protection and bullet-proof vests.”
Nanoforce is engaged in the research, development, acquisition and commercialization of advanced nanotechnology. Nanotechnology is the science of building and manipulating materials, devices and processes on the scale of atoms and molecules (one billionth of a meter). According to market research, it is estimated that worldwide revenues from products using nanotechnology will increase to $2.6 trillion in 2014, equal to about 15% of global manufacturing output, from $13 billion in 2004 (Lux Research). Nanoforce is taking advantage of rapid innovation in materials science to meet critical needs in growing industry sectors including petroleum refining and biodiesel production.
HealthSonix Inc. (OTC: HSXI)
HealthSonix Inc. (OTC: HSXI) – Monday’s shares went up 5.36% to $0.59. 1,315,435 was the volume. HealthSonix announced on October 11th that it commenced a pilot study with patients currently enrolled in aquatic fitness classes who also experience pain associated with arthritis. Patients enrolled in the study were actively involved in recreational aqua-fit classes, but are obviously still in pain and suffering with lack of function. The participants are active and reasonably fit. The study is designed to measure the effectiveness of the AquaSonix Therapy compared to exercise alone, in reducing the pain and improving function. The trials will be conducted over an 8-week period.
HealthSonix Inc. is a publicly traded medical technology company. The Company’s core offerings are based on proprietary, patent pending medical technologies that use sound pressure waves to administer sub-sensory micro vibration to the human body. Precisely formatted low frequency sound pressure waves are 80% effective in treating the pain of many diseases, particularly arthritis. All treatments and products are safe, non-invasive, drug free, and have no known side effects.
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