Smallcaps.us provided their subscribers with an update regarding their five featured companies: Alliance Fiber Optic Products Inc. (NASDAQ: AFOP), Perma-Fix Environmental Services, Inc (NASDAQ: PESI), Playlogic Entertainment (OTCBB: PLGC), Remedent Inc. (OTCBB: REMI) and AML Communications (OTCBB: AMLJ)
Alliance Fiber Optic Products’ revenues increased 39% from $6,252,000 to $8,701,000 and recorded a $864,000 net profit for the second quarter of 2007, or $0.02 per share, significantly improved over $0.00 per share of the second quarter of 2006.
Perma-Fix Environmental Services was recommended by Smallcaps.us on February 4th, 2006 at $1.78 and recently hit a new high of $3.40, which is a 91% increase. Perma-Fix provides unique mixed waste and industrial waste management services, with its focus on the nuclear services segment.
Playlogic Entertainment announced that it has entered a strategic partnership with Spencer Clarke LLC, a full service investment banking and retail brokerage firm. The brokerage firm will provide investment banking and financial advisory services in addition to assisting Playlogic with capital market opportunities.
AML Communications announced that its net sales for the first quarter increased approximately $400,000 compared to the same period last year. Revenues for the quarter revealed that the company is making a return to growth. SmallCaps.us stated, “At these cheap prices AML Communications is a bargain!”
Remedent is believed by Smallcaps.us to be undervalued because of its ability to attract a select group of distributors, has a product which is likely to begin a revolution, is in a strong market sector, and has a skilled management team. The website concluded, “Remedent seems to have a winner on their hands as their product penetrates the market and is able to convince more and more dentists that it is a life changing product.”
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