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MDG List update ADVC sold at .0038.
Replaced with a purchasse of CRGO at .0157 and GTEC at 0.485.
Waiting on DVINQ for a stallout at .06 up 66% ( could be fat fingered or a mistake ).
MEDC looks to be recovering, PTSC ???? Not sure.
PTSC, ADVC, and MEDC leaving much to be desired thusfar, and all potentials looking good so far as in GTEC, DVINQ, and CRGO, CRGO however is plunging a bit.
DCUT up 15% so far.
LVCP gapping up almost 30% another scary gap though.
CRGO has the best looking chart DVINQ has an amazing gap, kinda scary gap though.
MDG List UPDATES: DVINQ added, and GTEC waiting for 10:15 to look for an add price to the MDG list.
MDG New Prospects Rallies list up or even 95% up or even and 5% down. Very Nice start.
ADVC still dogging it so DVINQ may just replace it but will wait till at least 10:15 to see how both are moving.
DVINQ the top performer on the New Prospects list at 67% up....
WOW DVINQ may just make it to the MDG list real soon.
SPHM a top performer on the MDG list at 10% up so far.
MDG List opens up 85% and down 15% as well with some volatility.
Good start for the MOCK.. money maker as well.
MDG New Prospects List opens up 85% and down 15% yepper do.
Nice start to the week.....
OTC Picks early reports Pink Sheets: RSHN, and OTCBB PCCE, IHDR
Open of Trade... Good Luck One and All... Happy Week for us we hope.
ONEV up 17% and large volume....
PCCE moving up 14% and moving on good volume
GWGO moving up 8.3% with good volume
ADRX up 12.5% and volume growing rapidly....
OTCBB:RSMI MDG NEW Prospects List NEWS:
Rim Semiconductor Closes $6 Million Financing; Company Also Reduces Current Liabilities by $845,000
PORTLAND, Ore.--(Business Wire)--March 13, 2006--
Rim Semiconductor Company (OTCBB:RSMI), an emerging
provider of semiconductors to the broadband telecommunications
industry, today announced that it has closed a successful $6 million
private placement of its two year 7% Senior Secured Convertible
Debentures to institutional and private investors.
Rim Semi intends to use these funds to accelerate the
commercialization of the Embarq(TM) product family, and to provide the
high-volume, low-cost ASSP semiconductor for sale. Worldwide demand
for broadband continues to soar, and the Company believes that its
product line is uniquely suited to meet it. Rim Semi's flagship
product, the Embarq(TM) E30 digital signal processor, is a
dual-function chip that combines both the long-reach and high data
rate of DSL plus the cost reduction of VoIP into one unique and
powerful package.
"Customers and trade partners are telling us that Rim Semi's
product has the highest data rates over the longest distances," Brad
Ketch, president and chief executive officer stated. "This power,
combined with the potential for our integrated VoIP to dramatically
lower cost, means to me that demand for our products is sure to be
very strong."
$810,000 of the proceeds from this private placement will repay in
full the Company's obligations under loans made in December 2005 and
January 2006. The remainder of the proceeds of this financing will be
used for increasing the engineering and marketing staffs, investing
more in research and development, incurring the expenses necessary to
have the ASSP fabricated at a chip foundry, and for general corporate
purposes, including fees and expenses relating to this transaction.
This work is intended to bring the Company closer to achieving its
first orders.
The Company also reported today that it received approximately
$570,000 in the aggregate from the exercise of warrants to purchase
Company common stock.
Further, the Company reported today that it eliminated $845,000 in
current liabilities by issuing an aggregate of 12,064,494 shares of
common stock in exchange for the cancellation of six promissory notes.
The notes were held by seven trusts which have been investors in the
Company since 2001.
"The institutional and private investors who participated in these
transactions enthusiastically and confidently support the Rim Semi
management and advisory team and their successes in bringing the
Embarq(TM) chip to market this year", stated Ray Willenberg, Jr.,
chair of the Company's board of directors. "Most of the investors have
invested previously and continue to show great confidence in the
Company and its team."
The 7% Senior Secured Convertible Debentures are secured by a lien
on Rim Semiconductor's assets. As part of this transaction, the
investors also received warrants to purchase shares of Rim
Semiconductor common stock.
$3 million of the $6 million was placed in escrow and will be
released to the Company if the Company amends its charter before April
25, 2006 to increase the number of shares of its authorized common
stock. The proposed increase has been approved by the Company's Board
of Directors and is being submitted to a vote of the Company's
shareholders at the 2006 annual meeting to be held on April 18, 2006.
Additional information relating to the Senior Secured Convertible
Debentures, the warrants and the repayment of the above loans is
included in Rim Semiconductor's Current Report on Form 8-K.
This press release does not constitute an offer to sell or the
solicitation of an offer to buy, nor shall there be any sale of these
securities in any state in which such offer, solicitation or sale
would be unlawful prior to the registration or qualification under the
securities laws of any such state.
Copyright Business Wire 2006
13Mar06 11:00 GMT
Symbols:
de;NV2 us;RSMI
Source BW Business Wire
CRGO up 13% so more realistic and the earlier post is a "fat finger" it looks like ( errant trade news ). But still climbing significant.
SUWN up 3% and coming alive...
MEDC up 5% and volume is rising....
PDSC posting new news and volume and is up 8% already.
From OTCBB Trader
Market Pulse Announces Its AM Stock Picks for Monday, March 13, 2006: GE, DCBI, INTC, HRAI
HRAI, and DCBI marked attractive
GE described as a buy.
(OTCBB: CHAR) Interesting NEWS....
WHITE PLAINS, NY, March 13 /PRNewswire-FirstCall/ - Chaparral Resources,
Inc. (OTCBB: CHAR), an exploration and development company operating in
Kazakhstan, today releases its unaudited preliminary operating results for the
year ended December 31, 2005.
HIGHLIGHTS:
Financial
- 92% increase in total revenue - $150.6 million for the year ended
December 31, 2005 (2004: $78.5 million)
- 262% increase in net income - $30.8 million ($0.77 per share on a
fully diluted basis) for the year ended December 31, 2005, compared
to $8.5 million ($0.22 per share) for year ended December 31, 2004.
Operational
- Record annual production - An increase of 25% to 3,534,000 barrels,
net of royalties, from 2,835,000 barrels net in 2004.
- 12% increase in proved reserves to 45.3 million barrels of oil, net
of royalties (as at December 31, 2005)
GRXI - I need to recover on this one..... Go investors, bring it back to life.
Nasdaq: AVII - MDG New Prospects List NEWS !!!
AVI BioPharma and Cook Group Enter Into License Agreement to Develop NEUGENE Drugs for Vascular Diseases
PORTLAND, Ore.--(Business Wire)--March 13, 2006--
Cook to Fund All Clinical Development of Three Products for
Cardiovascular Restenosis and Develop Products for
Peripheral Vascular Diseases
AVI BioPharma, Inc. (Nasdaq: AVII), today announced that it has
entered into agreements with Cook Group Inc. (Cook) for Cook's
development and commercialization of products for vascular diseases.
Cook has specifically licensed AVI's NEUGENE(R) antisense technology
for down-regulating c-myc gene expression in the field of
cardiovascular disease. Cook will take over clinical development of
AVI's device-related programs for cardiovascular restenosis, including
its Resten-NG(R) drug-eluting stent (DES) program, Resten-MP(TM)
microparticle delivery program and its new program for catheter
delivery of Resten-NG.
Cook will fully fund the development, clinical and regulatory
costs of these programs in the U.S. and Europe leading to
commercialization. This funding is expected to result in expenditures
by Cook that could reach $100 million.
Cook has also entered into a supply agreement to purchase the
drugs for development, clinical studies and commercialization from
AVI. Because of the drugs' established Phase II clinical efficacy, AVI
has forgone certain near-term milestone payments in favor of a
double-digit royalty on worldwide product sales and a
commercialization milestone. Cook will purchase 692,003 shares of AVI
common stock for $5 million under a stock purchase agreement. Cook
will take over AVI's facilities and personnel at its Colorado site.
Additional terms of the agreements were not disclosed.
"Based upon promising Phase II clinical data in combating
cardiovascular restenosis and progress in our drug-eluting stent and
Resten-MP programs, AVI has now partnered its device-related
cardiovascular programs with one of the pre-eminent vascular device
companies in the world," said Denis R. Burger, Ph.D., chief executive
officer of AVI. "Together, Cook's device expertise and AVI's antisense
technology become a formidable combination to address vascular
diseases on many fronts."
AVI will narrow its internal cardiovascular focus exclusively to
its coronary artery bypass graft (CABG) program, which is moving into
Phase II clinical trials later this year. This agreement also enables
AVI to apply resources more aggressively toward the company's
infectious disease program, focusing on hepatitis C and influenza A,
including avian influenza type H5N1.
Resten-NG (AVI-4126) is a third-generation antisense agent that
targets the key regulatory gene involved in cardiovascular restenosis,
the transcription factor referred to as c-myc. It is believed that it
regulates the many downstream genes which produce the pathology of
restenosis, namely cell migration and adhesion, collagen formation,
secretion of extra-cellular matrix, and cell proliferation, among
others. The c-myc gene expression is immediately activated by the
injury to the vascular lining during angioplasty and stent placement
and peaks at 24 to 48 hours before subsiding. NEUGENE antisense drugs
are particularly suited to prevent this process because they can be
delivered immediately following injury to the angioplasty site by a
variety of means including catheter and stent elution, or by systemic
delivery using AVI's microparticle delivery system, Resten-MP.
"Based upon our preliminary investigation, we believe that
Resten-NG (AVI-4126) has great potential for use on drug-eluting
stents to reduce restenosis of stented vessels," said Bill Cook, CEO
of Cook Group Inc. "AVI's NEUGENE antisense drug therapies also have
potential to treat stenotic vessels systematically via catheter. Our
company is honored to be a partner with AVI in the exploration of new,
antisense vascular therapies."
Joseph B. Horn, AVI's vice president of cardiology who recently
joined AVI from Cook, will be rejoining Cook to advance these programs
through clinical development and into commercialization. While at
Cook, Horn was responsible for the introduction of Cook cardiology
products worldwide. In addition, Horn worked with Cook medical
researchers and physicians in the management of clinical studies of
new medical devices. Previously, Horn spent eight years as president
and CEO for Global Therapeutics, a medical device company that he
founded and which was acquired by Cook in 1998.
"I'm thrilled to be rejoining Cook with the team I've assembled to
complete the mission that I started at AVI in the field of cardiology
in the near term, and in all areas of vascular medicine in the longer
term," Horn said. "Moving AVI's cardiovascular program forward in both
Europe and the United States will be my initial priority, and I'm
pleased to be surrounded by a talented team of professionals with
cutting-edge technology to apply clinically. I believe this is a
win-win scenario for both companies"
AVI BioPharma, Inc.
Michael Hubbard, 503-227-0554
hubbard@avibio.com
or
Cook Group Inc.
Director of Public Relations
David McCarty, 812-339-2235 ext. 2387
dmccarty@cook-inc.com
or
Investors:
Lippert/Heilshorn & Associates Inc.
Bruce Voss, 310-691-7100
bvoss@lhai.com
or
Jody Cain, 310-691-7100
jcain@lhai.com
or
Press:
Waggener Edstrom Worldwide
Bioscience and Healthcare Practice
Jenny Moede, 503-443-7000
jmoede@waggeneredstrom.com
Copyright Business Wire 2006
13Mar06 14:00 GMT
Symbols:
de;AB3 de;AB3F de;AB3X us;AVII
Source BW Business Wire
Categories:
MST/I/BTC MST/I/DRG MST/L/EN MST/R/NME MST/R/US MST/R/US/IN MST/R/US/OR
TGT/BWB
This board is a great resource, Thanks Mega Guys n Gals !!!
XSNX added to the MDG Prospects List.
PDSC added to the MDG New Prospects List.
PDSC Produce Safety & Security International Inc. Announces the Opening of the Fresno, California Procurement and Sales Office
Market Wire - March 13, 2006 6:00 AM (EDT)
Jump to first matched term
Fresno Procurement Center Will Provide a Complete Food Safety Program to Over Ten Surrounding Counties
PRESCOTT, AZ, Mar 13, 2006 (MARKET WIRE via COMTEX) -- Produce Safety & Security International (OTC: PDSC), ("PDSC"), an ozone and chemical sanitation disinfectant process supplier to the food and medical industries, announces today that its Fresno, California Office will be fully operational March 20, 2006.
This office will provide a complete Food Safety program as well as sales, marketing, and distribution of "Food Safe" Produce, using the Ozone and Spherequat process to sanitize and removal of Food Borne Illness Pathogens from Food Processing Plants, Food Service Operations, Retail, Transportation and Packing House Facilities.
The Procurement and Distribution Center, located at 6276 North First Street, Suite 100, Fresno, California, 93710, will cover Salinas Valley, Counties of Fresno, Tulare, Kern, Madera, Ventura, Los Angeles, Riverside, Orange, Imperial and San Joaquin. These counties include some of the worlds most productive and influential agricultural regions.
The office will be under the direction of Jerre Maxwell, COO of PDSC, who will direct the procurement and sales of all Fresh Produce grown in California, Arizona, Oregon, Idaho, Texas, Colorado and Washington State, as well as the Mexican and West Coast Imports.
"The Fresno office will focus on providing Food Safety Services for all segments of the food industry, including produce, dairy, meat and poultry and, as I've stated before, it positions us in the center of the world's most dynamic agricultural region, in terms of highly educated consumers, producers and retailers," said Clarence W. Karney, CEO of PDSC. Mr. Karney added, "In addition to organic food compatibility, complete audit trail, and reduced spoilage issues, there are critical wastewater and sanitation concerns we can tackle. Many industry practices, not just agricultural, are affecting the area's environmental integrity. The office will also concentrate on providing solutions for wastewater and sanitation issues."
About Produce Safety & Security International, Inc. (PDSC)
PDSC has developed and patented products for extending the shelf life of perishables. The EPA-registered products sanitize and disinfect against food-borne illness pathogens and disease-causing bacteria. PDSC provides a range of options for retail stores, restaurants, cruise ship lines, disaster cleanups and municipal programs. Furthermore, the process incorporates a complete audit trail, an essential component for complying with government regulations.
PDSC's state-of-the-art ozone process has been shown to extend the shelf life and remove food-borne illness bacteria. This process will provide retail produce departments reduced shrinkage, increase the bottom line and provide a fresher product for the consumer. The customer will be assured of a safe food product, by use of this process, which may be used on organic produce to remove the pathogens. This process uses no chemicals thus meeting the requirements of organic certification.
For further product information, joint venture opportunities, distributorship program information, or program applications, please go to PDSC's website www.foodsafeint.com.
Safe Harbor
Forward-looking statements made in this release are made pursuant to the "safe harbor" provision of the Private Securities Litigation Reform Act of 1995. Forward-looking statements made by Produce Safety & Security International, Inc. are not a guarantee of future performance. This news release includes forward-looking statements, including with respect to the future level of business for the parties. These statements are necessarily subject to risk and uncertainty. Actual results could differ materially from those projected in these forward-looking statements as a result of certain risk factors that could cause results to differ materially from estimated results. Management cautions that all statements as to future results of operations are necessarily subject to risks, uncertainties and events that may be beyond the control of Produce Safety & Security International, Inc. and no assurance can be given that such results will be achieved. Potential risks and uncertainties include, but are not limited to, the ability to procure, properly price, retain and successfully complete projects, and changes in products and competition.
For Investor Relations information,
Contact:
Harrison, Elliott, & Brown LLC
Henry Harrison
(407) 862-5151
hharrison@insidewallstreet.com www.insidewallstreet.com
SOURCE: Produce Safety & Security International, Inc.
mailto:hharrison@insidewallstreet.com
http://www.insidewallstreet.com
Copyright 2006 Market Wire, All rights reserved.
XSNX XsunX Licensed Process Completes Successful Test
PrimeZone Media Network - March 13, 2006 8:30 AM (EDT)
Patented Hybrid System Completes Successful Production of Amorphous Thin Film Silicon Samples Using Inexpensive Rolled Plastic Films
By Staff
ALISO VIEJO, Calif., Mar 13, 2006 (PRIMEZONE via COMTEX) -- XsunX, Inc. (OTCBB:XSNX), developer of Power Glass(tm) -- an innovative thin film solar technology that is intended to allow glass windows to produce electricity from the power of the sun, announced today that a patented reel-to-reel thin film manufacturing system, under license to XsunX, was used to successfully complete production of amorphous thin film silicon samples on rolls of plastic film. The sample film was produced using a development scale machine and the results of this process will be incorporated into the Company's first commercial scale system currently under construction.
"We are very excited about the results and progress made in the development of this hybrid system architecture," stated Dr. Arun Madan, Chairman of the XsunX Scientific Advisory Board. "We have taken our patented idea and successfully reduced it to a working system providing the basis for system scalability and the potential for reductions to per watt manufacturing costs that should be welcomed by the industry."
Upon completion the commercial production system will incorporate the Company's hybrid systems design based on technology under exclusive license from MVSystems, Inc. This design combines the scalability of reel-to-reel processing, and the use of flexible rolled substrates, with the exact processing capabilities of cluster tool vacuum deposition systems. The Company believes that through the selective integration of the better attributes of these previously separate system types, the fabrication of an array of new and efficient thin film devices on flexible substrates may be possible. The Company plans to begin marketing its manufacturing systems and thin film technologies to potential licensees in the spring.
About XsunX
Based in Aliso Viejo, California, XsunX is the developer of Power Glass -- an innovative thin film solar technology that is intended to allow glass windows to produce electricity from the power of the sun. This proprietary technology is intended to allow manufacturers to apply a semi-transparent and photovoltaic film to glass and other transparent surfaces. When XsunX films are exposed to light, the light energy is converted into electrical energy for use as a power source. The integration of energy producing materials into building materials is known as Building Integrated Photovoltaics or "BIPV". Please visit the Company's website for more information: http://www.XsunX.com
Safe Harbor Statement: Matters discussed in this press release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include, but are not limited to, risks and uncertainties associated with: the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and distributor performance, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently; and other factors detailed in reports filed by the Company.
This news release was distributed by PrimeZone, www.primezone.com
SOURCE: XsunX, Inc.
XsunX, Inc.
Media Relations
(888) 797-4527
(C) 2006 PRIMEZONE, All rights reserved.
TOPT gapping up 21% this morning
TOP Tankers Announces Sale and Leaseback of Thirteen Vessels and Distribution
of $7.50 Per Share Special Dividend
ATHENS, Greece, March 13 /PRNewswire-FirstCall/ -- TOP Tankers Inc
(Nasdaq: TOPT) announced today the sale of thirteen vessels and the immediate
leaseback to the Company for a period of five to seven years. The lease is a
bareboat charter, with TOP Tankers continuing to operate and commercially
manage the vessels. The table below described the vessels involved and the
length of the relevant leases:
Vessel Name Dwt Type Built Period
1 Timeless 154,970 Suezmax 1991 5 years
2 Flawless 154,970 Suezmax 1991 5 years
3 Priceless 154,970 Suezmax 1991 5 years
4 Stopless 154,970 Suezmax 1991 5 years
5 Faultless 154,970 Suezmax 1992 7 years
6 Noiseless 149,554 Suezmax 1992 7 years
7 Stainless 149,599 Suezmax 1992 7 years
8 Limitless 136,055 Suezmax 1993 7 years
9 Endless 135,915 Suezmax 1992 7 years
10 Spotless 47,094 Handymax 1991 5 years
11 Doubtless 47,076 Handymax 1991 5 years
12 Vanguard 47,084 Handymax 1992 5 years
13 Faithful 45,720 Handymax 1992 5 years
The aggregate sale price of the thirteen vessels is approximately
$550 million, and the net cash proceeds from this transaction (after repayment
of corresponding vessel loans and other expenses) are expected to be
approximately $240 million. The Company expects to generate a book gain of
approximately $90 million, which will be amortized over the respective lease
period. The leases of the vessels following their sale are expected to
qualify as operating leases under U.S. GAAP.
"Evangelos J. Pistiolis, President and CEO of TOP Tankers Inc., commented:
"Since our IPO in July 2004, we have committed to grow our company and create
significant value for our shareholders. By entering into this transaction, we
capitalize on prevailing high second hand tanker values, while maintaining
full commercial and operational control of all our vessels.
"In addition, by distributing the majority of the net cash generated by
this transaction in the form of a special dividend, we are generating a
substantial return for our shareholders. We intend to continue to pursue
similar transactions, whether involving acquisitions, redeployments of
existing assets or dispositions, that increase shareholder value.
"After completion of the sale, TOP tankers will remain one of the
largest double-hull Suezmax and Handymax operators in the world, with
27 vessels under management. Nine vessels will be fully owned, with an
additional 18 tankers chartered-in and fully controlled."
Distribution of Special Dividend
The Company has declared a special dividend of $5.00 per share, payable on
March 27, 2006 to shareholders of record as of March 22, 2006. The Company
expects to declare an additional special dividend in the amount of $2.50. The
declaration of that dividend is expected to be announced towards the end of
March 2006.
CRGO - Cargo back on the MDG new rallies list.
CRGO still trying to figure out what this one is doing looking to be the most exciting premarket stock early this week.
PTSC some sell orders through so its down 1% so far...
MBAY rebounding??? up nearly 5% so far this morning.
AAPL APPLE Computer up 3% at 440,000 shares so far early this morning.
RGLD - Royal Gold from American Bulls shows over a 1% early morning.
GG Goldcorp up over 2% with some volume in the early going.