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2.90 to 2.52.
Man! the #$*@ !! scalpers got this one bad.
If it gaps up tomorrow, we're home free.
holy smokes,,, vol is already over 790K!
yep.
the scalpers are playin' it.
but once we get the volume up over 500K, they'll be outta there!
I really hated to get out of CBAK.
But it might go down tomorrow.
Don't want to press my luck.
:>)
CBAK was a great run from my alert at 4.48 check my previous posts , and ATS was todays runner from 1.80 so far almost 2.92
ATS 1.81
CHINA PLAY
APT Satellite Holdings Limited, through its subsidiary, APT Satellite Company Limited, provides satellite services to broadcasting and telecommunications customers in the People's Republic of China and Asia-Pacific region. It offers satellite transponder capacity and related services to local, national, and international broadcasters for television programming distribution; backhaul operations, which include the transmission of video
CardioDynamics International Earnings Conference Call (Q3 2007)
Scheduled to start Tue, Oct 9, 2007, 4:30 pm Eastern
CDIC 0.52
NEON : 4.12
This stock looks ready to breakout here.
Press Release Source: Neonode Inc.
Neonode Announces Institutional Capital Raise
Wednesday September 26, 6:29 pm ET
$6.2 Million Raised as Company Continues to Ramp up Shipments of the Neonode N2
STOCKHOLM, Sweden--(BUSINESS WIRE)--Neonode Inc. (formerly known as SBE, Inc.) (NASDAQ:NEON - News), which develops unique user experience (UX) for touchscreen multi-media mobile phones, today announced a $6.2 million private placement, primarily to institutional investors, comprised of $3.1 million of three-year promissory notes of the Company, convertible into shares and of the Company's Common Stock at a conversion price of $3.50 per share, 1,028,316 shares of Common Stock and 1,391,577 Common Stock purchase warrants exercisable at a price of $3.92 per share.
ADVERTISEMENT
Certain holders of the Company's senior secured notes converted an aggregate of $454,900 of debt and accrued interest in the offering. The Company negotiated a delay in the convertibility of the remaining $2.8 million principal amount of such notes in exchange for three year warrants to purchase up to 216,667 shares of Common Stock at a price of $3.92 per share. Empire Asset Management Company acted as financial advisor and exclusive placement agent in the private placement.
"We are pleased to announce this cash infusion. The proceeds from the investment will allow us to continue to execute our plan and achieve our long term objectives," said Mikael Hagman, President and CEO. "We will use the proceeds to continue to market and expand our sales channel for the Neonode N2, license our UX Technologies and develop future products," continued Hagman.
About Neonode
Neonode designs, develops and sells patented technologies and products focused on unique user experiences (UX). With offices in Stockholm, Sweden and San Ramon, California, Neonode Inc. is a publicly traded company (NASDAQ:NEON - News) with licenses and products sold worldwide through both direct web sales and local distribution partners. More information is available at www.neonode.com.
Forward-Looking Statements
This news release contains certain forward-looking statements that involve risks and uncertainties, including statements about the trading of the Company's common stock on the Nasdaq Capital Market. Such statements are only predictions and the Company's actual results may differ materially from those anticipated in these forward-looking statements. Factors that may cause such differences include, but are not limited to, the Company's ability to negotiate a definitive licensing and distribution agreement with Turnstone. These factors and others are more fully discussed in the documents the Company files from time to time with the Securities and Exchange Commission, particularly, the company's most recent Proxy Statement, Form 10-K and Form 10-Q.
Contact:
Neonode Inc.
David W. Brunton, Chief Financial Officer, 925-355-7700
david.brunton@neonode.com
--------------------------------------------------------------------------------
Source: Neonode Inc.
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