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Socket Mobile Submits Listing Application For The NASDAQ Capital Market
NEWARK, Calif., May 10, 2016 /PRNewswire/-- Socket Mobile, Inc. (SCKT), a leading innovator of data capture and delivery solutions for enhanced productivity, today announced it has filed an application for listing on the NASDAQ Capital Market® with the NASDAQ Listings Qualifications staff.
Kevin Mills, president and chief executive officer, commented, "We are looking forward to being listed on the NASDAQ Capital Market. The success of our data capture business over the past several years has improved our operating results and strengthened our balance sheet to meet the NASDAQ Capital Market listing standards. Trading on the NASDAQ Capital Market Exchange will greatly improve visibility about the Company, and allow us to meet the investment criteria for a larger number of investors," Mills concluded.
At the time of filing and based on its financial statements for the quarter ended March 31, 2016, the Company believes it meets the financial and liquidity requirements for listing on the NASDAQ Capital Market under the net income standard. The primary minimum financial and liquidity requirements under the net income standard are stockholders' equity of $4.0 million, market value of publicly held shares of $5 million, net income from continuing operations of $750,000 in the latest full fiscal year, publicly held shares of one million, round lot shareholders of 300, three market makers, and a closing share price for five consecutive days of $3.00 per share.
The Company must also meet NASDAQ governance standards for public companies including a board with a majority of independent directors, meeting NASDAQ standards for the composition and duties of its audit, compensation and nominating committees, having a code of conduct, holding an annual meeting of stockholders, and avoiding conflicts of interest.
About Socket Mobile:
Founded in 1992, Socket Mobile is a leading innovator of data capture and delivery solutions for enhanced productivity in retail point of sale, field service, healthcare, and other mobile markets. Socket Mobile's revenue is primarily driven by the deployment of third party barcode enabled mobile applications that integrate Socket Mobile's cordless barcode scanners. Socket Mobile has a robust network of over 1,400 developers registered to use its software developer's kit to add sophisticated barcode scanning to mobile applications. Socket Mobile is headquartered in Newark, Calif. and can be reached at +1-510-933-3000 or www.socketmobile.com. Follow Socket Mobile on Facebook and Twitter @socketmobile and subscribe to SocketTalk the company's official blog.
Investor Relations Contact:
Socket Investor Contact:
Todd Kehrli / Jim Byers
Dave Dunlap
MKR Group, Inc.
Chief Financial Officer
323-468-2300
510-933-3035
sckt@mkr-group.com
dave@socketmobile.com
Socket is a registered trademark of Socket Mobile. All other trademarks and trade names contained herein may be those of their respective owners.
Socket Mobile Submits Listing Application For The NASDAQ Capital Market
NEWARK, Calif., May 10, 2016 /PRNewswire/-- Socket Mobile, Inc. (SCKT), a leading innovator of data capture and delivery solutions for enhanced productivity, today announced it has filed an application for listing on the NASDAQ Capital Market® with the NASDAQ Listings Qualifications staff.
Kevin Mills, president and chief executive officer, commented, "We are looking forward to being listed on the NASDAQ Capital Market. The success of our data capture business over the past several years has improved our operating results and strengthened our balance sheet to meet the NASDAQ Capital Market listing standards. Trading on the NASDAQ Capital Market Exchange will greatly improve visibility about the Company, and allow us to meet the investment criteria for a larger number of investors," Mills concluded.
At the time of filing and based on its financial statements for the quarter ended March 31, 2016, the Company believes it meets the financial and liquidity requirements for listing on the NASDAQ Capital Market under the net income standard. The primary minimum financial and liquidity requirements under the net income standard are stockholders' equity of $4.0 million, market value of publicly held shares of $5 million, net income from continuing operations of $750,000 in the latest full fiscal year, publicly held shares of one million, round lot shareholders of 300, three market makers, and a closing share price for five consecutive days of $3.00 per share.
The Company must also meet NASDAQ governance standards for public companies including a board with a majority of independent directors, meeting NASDAQ standards for the composition and duties of its audit, compensation and nominating committees, having a code of conduct, holding an annual meeting of stockholders, and avoiding conflicts of interest.
About Socket Mobile:
Founded in 1992, Socket Mobile is a leading innovator of data capture and delivery solutions for enhanced productivity in retail point of sale, field service, healthcare, and other mobile markets. Socket Mobile's revenue is primarily driven by the deployment of third party barcode enabled mobile applications that integrate Socket Mobile's cordless barcode scanners. Socket Mobile has a robust network of over 1,400 developers registered to use its software developer's kit to add sophisticated barcode scanning to mobile applications. Socket Mobile is headquartered in Newark, Calif. and can be reached at +1-510-933-3000 or www.socketmobile.com. Follow Socket Mobile on Facebook and Twitter @socketmobile and subscribe to SocketTalk the company's official blog.
Investor Relations Contact:
Socket Investor Contact:
Todd Kehrli / Jim Byers
Dave Dunlap
MKR Group, Inc.
Chief Financial Officer
323-468-2300
510-933-3035
sckt@mkr-group.com
dave@socketmobile.com
Socket is a registered trademark of Socket Mobile. All other trademarks and trade names contained herein may be those of their respective owners.
The bid is $10.
Look again. There were 1200 shares traded and the last trade was at $9.85.
I don't normally own companies that are not profitable. However, VNRX is very attractive. It is starting to look like they can detect any cancer.
SCKT rocket up $0.22 to $3.54!
Omni-Lite Industries Receives Military Contract Valued at $1.24 Million US
CERRITOS, CA , April 21, 2016 /CNW/ - Omni-Lite Industries Canada Inc. (the "Company") (TSXV:OML; OTCQX:OLNCF) is pleased to announce that it has received follow-on orders for the continuation of the large scale military programs initially announced in November 2015 . The value of these orders is approximately $1,246,000 US or $1,585,850 CAD at the exchange rate of April 20, 2016 .
"The first deliveries begin in May and the shipments are expected to be completed in the fourth quarter of 2016. This condensed time frame may require that the Company put additional equipment on the program as the delivery requirements are up to 60% higher than those of the prior year," stated Allen Maxin , President. "These orders represent a tremendous vote of confidence in the state of the art engineering and manufacturing facility that the Company has built in Southern California and highlight our continued role with the U.S. Military."
Omni-Lite Industries Canada Inc. is a rapidly growing high technology company that develops and manufactures mission critical, precision components utilized by Fortune 500 companies including Boeing, Airbus, Bombardier, Embraer, Ford, Borg Warner , Chrysler, the U.S. Military, and Nike.
Except for historical information contained herein this document contains forward-looking statements. These statements contain known and unknown risks and uncertainties that may cause the Company's actual results or outcomes to be materially different from those anticipated and discussed herein.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
SOURCE Omni-Lite Industries Canada Inc.
View photo
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Contact:
Mr. David Grant, Founder, Chairman, and CEO, Tel. No. (714) 757-8863 or (800) 577-6664, Fax. No. (562) 926-6913, email: d.grant@omni-lite.com, Website: www.omni-lite.com
SCKT in with a great quarter. Diluted EPS of $0.083/share.
https://finance.yahoo.com/news/socket-mobile-reports-profitable-2016-200100688.html
VolitionRx Announces Study Results Showing NuQ® Blood Test Detects Prostate Cancer Early with Significantly Higher Accuracy than PSA Test
Results presented today at AACR Annual Meeting
NAMUR, Belgium, April 20, 2016 /PRNewswire/ -- VolitionRx Limited (NYSE MKT: VNRX) today announced that a single NuQ® biomarker assay detected 71% of early stage I prostate cancer cases at 93% specificity. This is significantly higher than the most common blood test currently used to detect prostate cancer, the Prostate Specific Antigen (PSA), which is reported to detect 53% of prostate cancers at 73% specificity1. The study was conducted in collaboration with the Surrey Cancer Research Institute at the University of Surrey in the UK. The results are being presented today at the American Association for Cancer Research (AACR) Annual Meeting in New Orleans, LA.
Approximately 14% of men will be diagnosed with prostate cancer at some point during their lifetime and nearly 3 million men are estimated to be living with prostate cancer in the United States alone2. While more than 80% of all prostate cancers are detected at the local stage, and nearly 100% of men diagnosed and treated at this stage will be disease-free after five years, a small percentage of men experience more rapidly growing, aggressive forms of prostate cancer3.
Since 2012, the United States Preventative Services Task Force (USPSTF) has recommended against PSA based screening for healthy men and called for research to identify new screening methods4. Nonetheless, the PSA test is commonly used for patient monitoring and other purposes because it is a low-cost, non-invasive test that is easy to use for the patient. Like VolitionRx's NuQ® biomarker assays, the PSA test requires a small amount of blood and uses a common screening platform, known as ELISA, that is ubiquitous in healthcare laboratories worldwide. However, sensitivity and specificity of the PSA test remains less than optimal.
VolitionRx has performed a retrospective study on blood samples collected from 537 men, including 266 with prostate cancer and 271 age-matched healthy controls. The samples were analysed with a single NuQ® biomarker assay, which detected 71% of early stage I prostate cancer cases and 86% of late stage IV prostate cancer at 93% specificity (7% false negatives). Details of the data presented at AACR can be found at http://ow.ly/4mRRRm.
Prof. Hardev Pandha, Director of the Surrey Cancer Research Institute and Professor of Urological Oncology at the University of Surrey, said, "This NuQ® biomarker study has shown very encouraging results in this patient cohort. Further studies are needed but the test may potentially have uses in detecting and monitoring men with prostate cancer."
VolitionRx Chief Scientific Officer, Dr. Jake Micallef, commented, "This single NuQ® biomarker assay has shown great potential for high accuracy in detecting early stage I prostate cancer. The ability to detect early stage prostate cancer at significantly greater sensitivity than the PSA test with a simple ELISA blood test is a remarkable breakthrough. The accuracy of this single NuQ® test may be further improved by use of a combination of NuQ® tests in a panel with PSA and this, plus the usefulness of the test for monitoring treatment, will be a focus of future studies by our team. The achievement of high accuracy with a single assay, rather than a panel of assays, is the result of the increasing insight of VolitionRx in predicting and identifying NuQ® markers for the detection of specific cancers with high sensitivity and with very few false positives."
Cameron Reynolds, Chief Executive Officer of VolitionRx, added, "VolitionRx's NuQ® biomarker assay uses the same ELISA platform as PSA that is ubiquitous in healthcare laboratories worldwide and is a similarly low cost, non-invasive test and also requires very little blood. Over the coming months, we will conduct further clinical studies on this NuQ® biomarker assay, in parallel with pursuing CE marking. With the highly-encouraging results from this study, we are currently aiming for VolitionRx to launch a prostate cancer test for clinical use in Europe in 2017 and start U.S. trials following the commercial launch of our blood test for colorectal cancer towards the end of this year."
Results from on-going clinical trials assessing the effectiveness of VolitionRx's biomarker assays, include:
Colorectal cancer and pre-cancerous colorectal adenomas
Interim results from a 4,800 patient retrospective symptomatic population study (Hvidovre Hospital, University of Copenhagen, Denmark), released September 9, 2015: Panel of four NuQ® biomarker assays detected 81% of colorectal cancers at 78% specificity and 67% of high-risk adenomas. (http://www.volitionrx.com/news/press-releases/detail/531/volitionrx-demonstrates-nuqr-blood-test-detects-81-of)
Results from a completed prospective study of 121 patients referred for colonoscopy (CHU Dinant Godinne - UCL Namur, in Belgium), released December 8, 2015: Panel of four NuQ® biomarker assays detected 91% of colorectal cancer cases at 90% specificity and also detected 67% of high-risk adenomas. (http://www.volitionrx.com/news/press-releases/detail/542/volitionrx-demonstrates-more-than-90-accuracy-for)
Results from a retrospective study of 430 patients referred for colonoscopy (Hvidovre Hospital, University of Copenhagen, Denmark), released February 17, 2016: Panel of four NuQ® biomarker assays demonstrated 75% accuracy in detecting highest-risk pre-cancerous colorectal adenomas and also detected 86% of early (stage I) colorectal cancers at 78% specificity. (http://www.volitionrx.com/news/press-releases/detail/550/volitionrx-demonstrates-75-accuracy-in-detecting)
Pancreatic cancer
Results from a 59-patient retrospective study (Lund University, Sweden) published in Clinical Epigenetics online journal (http://www.clinicalepigeneticsjournal.com/content/pdf/s13148-015-0139-4.pdf), October 7, 2015: Panel of four NuQ® biomarker assays plus CA 19-9 classical biomarker detected 92% of pancreatic cancers at 100% specificity. (http://www.volitionrx.com/news/press-releases/detail/534/volitionrx-announces-publication-of-results-from-pancreatic)
Interim results from a 4,800 patient retrospective symptomatic population study (Hvidovre Hospital, University of Copenhagen, Denmark), released October 22, 2015: Panel of two NuQ® biomarker assays and the classical cancer marker CEA (carcino-embryonic antigen) detected 95% of pancreatic cancers at 84% specificity. (http://www.volitionrx.com/news/press-releases/detail/535/volitionrx-demonstrates-nuq-blood-test-detects-95-of)
Lung cancer
Interim results (73 of 240 patients collected and assessed) from a prospective study (Liège University Hospital, Belgium), released November 19, 2015: Panel of four NuQ® biomarker assays detected 93% of lung cancers at 91% specificity and differentiated lung cancer from the common lung disease, COPD. (http://www.volitionrx.com/news/press-releases/detail/540/volitionrx-demonstrates-nuq-blood-test-detects-lung)
Idiopathic Pulmonary Fibrosis
Results from a retrospective study of 78 patients referred for colonoscopy (Liège University Hospital, Belgium), released March 9, 2016: Preliminary data demonstrated 86% accuracy in detecting Idiopathic Pulmonary Fibrosis, a fatal lung disease, at 80% specificity. (http://www.volitionrx.com/news/press-releases/detail/551/preliminary-data-demonstrates-86-accuracy-in-detecting)
-End-
References
1. Thompson IM, Ankerst DP, Chi C, Lucia MS, Goodman PJ, Crowley JJ, Parnes HL, Coltman CA Jr. "Operating Characteristics of Prostate-Specific Antigen in Men With an Initial PSA Level of 3.0 ng/mL or Lower." Journal of the American Medical Association (JAMA). 2005;294(1):66-70. doi:10.1001/jama.294.1.66. July 6 2005. Accessed March 31, 2016.
2. National Cancer Institute. "SEER Stat Fact Sheets: Prostate Cancer." November 2015. Accessed January 25, 2016.
3. Prostate Cancer Foundation. "What is Prostate Cancer?" Accessed January 25, 2016.
4. U.S. Preventive Services Task Force. "Final Recommendation Statement, Prostate Cancer: Screening." May 2012. Accessed April 8, 2016.
Animation:
Animation showing how VolitionRx's NuQ® tests work. Credit: VolitionRx Ltd: https://www.youtube.com/watch?v=38dodCpyXf0
About VolitionRx
VolitionRx is a life sciences company focused on developing diagnostic tests for cancer and other conditions. The tests are based on the science of Nucleosomics®, which is the practice of identifying and measuring nucleosomes in the bloodstream or other bodily fluid – an indication that disease is present.
VolitionRx's goal is to make the tests as common and simple to use, for both patients and doctors, as existing diabetic and cholesterol blood tests. VolitionRx's research and development activities are centered in the wholly owned subsidiary, Belgian Volition SA, as the company focuses on bringing its diagnostic products to market first in Europe, then in the U.S. and ultimately, worldwide.
Visit VolitionRx's website (http://www.volitionrx.com) or connect with us via Twitter, LinkedIn, Facebook or YouTube.
About the University of Surrey
The University of Surrey is one of the UK's leading professional, scientific and technological universities with a world-class research profile and a reputation for excellence in teaching. Ground-breaking research at the University is bringing direct benefit to all spheres of life – helping industry to maintain its competitive edge and creating improvements in the areas of health, medicine, space science, the environment, communications, defence and social policy. Programmes in science and technology have gained widespread recognition and it also boasts flourishing programmes in dance and music, social sciences, management and languages and law.
In addition to the campus on 150 hectares just outside Guildford, Surrey, the University also owns and runs the Surrey Research Park, which provides facilities for 110 companies employing 2,750 staff. The University of Surrey was recently named University of the Year by the Times and Sunday Times, both overall and for 'Student Experience', and has achieved a top-ten ranking in all three major national university league tables.
For more information about the University and its work, visit www.surrey.ac.uk
Media Contacts
Anita Heward, VolitionRx
a.heward@volitionrx.com
Telephone: +44 (0) 7756 034243
Kirsten Thomas, The Ruth Group
kthomas@theruthgroup.com
Telephone: +1 (508) 280-6592
Peter La, University of Surrey
E-mail: p.la@surrey.ac.uk
Telephone: +44 (0) 1483 689191
Investor Contacts
Scott Powell, VolitionRx
S.Powell@volitionrx.com
Telephone: +1 (646) 650-1351
Lee Roth, The Ruth Group
lroth@theruthgroup.com
Telephone: +1 (646) 536-7012
Safe Harbor Statement
Statements in this press release may be "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, that concern matters that involve risks and uncertainties that could cause actual results to differ materially from those anticipated or projected in the forward-looking statements. Words such as "expects," "anticipates," "intends," "plans," "aims," "targets," "believes," "seeks," "estimates," "optimizing," "potential," "goal," "suggests," "could," "would," "should," "may," "will" and similar expressions identify forward-looking statements. These forward-looking statements relate to the effectiveness of the Company's bodily-fluid-based diagnostic tests as well as the Company's ability to develop and successfully commercialize such test platforms for early detection of cancer. The Company's actual results may differ materially from those indicated in these forward-looking statements due to numerous risks and uncertainties. For instance, if we fail to develop and commercialize diagnostic products, we may be unable to execute our plan of operations. Other risks and uncertainties include the Company's failure to obtain necessary regulatory clearances or approvals to distribute and market future products in the clinical IVD market; a failure by the marketplace to accept the products in the Company's development pipeline or any other diagnostic products the Company might develop; the Company will face fierce competition and the Company's intended products may become obsolete due to the highly competitive nature of the diagnostics market and its rapid technological change; and other risks identified in the Company's most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q, as well as other documents that the Company files with the Securities and Exchange Commission. These statements are based on current expectations, estimates and projections about the Company's business based, in part, on assumptions made by management. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Forward-looking statements are made as of the date of this release, and, except as required by law, the Company does not undertake an obligation to update its forward-looking statements to reflect future events or circumstances.
Nucleosomics®, NuQ® and HyperGenomics® and their respective logos are trademarks and/or service marks of VolitionRx Limited and its subsidiaries. All other trademarks, service marks and trade names referred to in this press release are the property of their respective owners.
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/volitionrx-announces-study-results-showing-nuq-blood-test-detects-prostate-cancer-early-with-significantly-higher-accuracy-than-psa-test-300254441.html
VirTra Selected by U.S. Department of State to Participate in $40 Million IDIQ Contract for Law Enforcement Training
TEMPE, Ariz., April 20, 2016 (GLOBE NEWSWIRE) -- VirTra Systems, Inc. (OTC Pink:VTSI), a leading provider of use of force simulators and firearms training simulators, today announced that it is one of two awardees under an indefinite delivery/indefinite quantity (IDIQ) contract by the United States Department of State (DOS) for law enforcement training simulators. The maximum value of all individual orders under the contract is US$40 million over the next five years.
If successful in winning individual orders under this contract, VirTra expects to provide law enforcement training simulators and related accessories, installation services, extended warranty services, scenario filming services, and training. VirTra’s systems generally employ multiple screens, realistic video training content and an electric impulse return fire system to simulate the stress of real-world situations – ultimately to help best prepare officers in judgmental use of force encounters. Using VirTra’s highly-advanced systems, officers hone and refine critical skills, in realistic scenarios, before lives are on the line. The contract requires, among other things, use of force and firearms simulators with peripheral view, a technology pioneered and continually refined by VirTra since 2004.
“The functional requirements of this multi-award IDIQ contract are an excellent fit with VirTra’s proven capabilities,” said Bob Ferris, Chairman and CEO of VirTra. “It is an honor to be selected as one of just two awardees and we look forward to the opportunity to supply world class training solutions to the U.S. and its foreign partners.”
The U.S. State Department expects a majority of the simulators to eventually be donated to foreign partners in support of U.S. Foreign Assistance programs. The simulators are expected to be used “in basic and advanced weapons training for developing proficiency in marksmanship, use of force judgment skills, close quarters shooting skills, tactical reloading and weapon malfunction clearing related to typical situations which law enforcement personnel face in the execution of their duties.”
About VirTra
VirTra is a global leading provider of the world's most realistic and effective judgmental use of force simulators. VirTra is the higher standard in firearms training simulators, offering a variety of simulator platforms, powerful gas-powered recoil kits and the patented Threat-Fire™ simulated hostile return fire system. VirTra’s products provide the very best simulation training available for personnel that are entrusted with lethal force and critical missions. The Company’s common stock is not registered under the Securities Exchange Act of 1934 and the Company does not currently file periodic or other reports with the Securities and Exchange Commission.
www.VirTra.com
Forward-looking Statements
This news release includes certain information that may constitute forward-looking statements made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are typically identified by terminology such as “could”, “may”, "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates," “proposed,” “planned,” “potential” and similar expressions, or are those, which, by their nature, refer to future events. All statements, other than statements of historical fact, included herein, including statements about VirTra's beliefs and expectations, are forward-looking statements. Forward-looking information is necessarily based upon a number of assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking information. Although VirTra believes that such statements are reasonable, it can give no assurance that such forward-looking information will prove to be accurate. In particular, this IDIQ contract has minimum US$3,000 minimum purchasing requirement and there can be no assurance VirTra will receive meaningful orders thereunder. VirTra cautions investors that any forward-looking statements by the Company are not guarantees of future results or performance, and that actual results may differ materially from those in forward-looking statements as a result of various factors. Accordingly, due to the risks, uncertainties and assumptions inherent in forward-looking information, readers and prospective investors in the Company's securities should not place undue reliance on forward-looking information. All forward-looking information contained in this press release is given as of the date hereof, is based upon the opinions and estimates of management and information available to management as at the date hereof and is subject to change. The Company assumes no obligation to revise or update forward-looking information to reflect new circumstances, whether as a result of new information, future events or otherwise, except as required by law.
Contact:
Investor Relations Counsel
Larry Clark
Financial Profiles, Inc.
(310) 478-2700
vtsi@finprofiles.com
SSKILLZ1 re: cash and buying/selling discipline....
What you are saying here is in line with what I wrote a month ago conceptually in this article:
http://microcapclub.com/2016/03/cash-is-a-position/
The only thing I will add is that my cash position in percentage terms is essentially unchanged.
SCKT again printed a fresh multi-year high of $3.40. The last trade was at $3.38.
SCKT printed a fresh multi-year high of $3.33!
The SCKT rocket looks like it is preparing for the next phase of launch as the ask is above the 52 week high at $3.28. Lots of shares have been gobbled up in the last two days. Earnings are on Wednesday next week and I expect them to be good.
VolitionRx Talks With MicroCapClub About Revolutionizing Cancer Diagnostics
http://seekingalpha.com/article/3964454-volitionrx-talks-microcapclub-revolutionizing-cancer-diagnostics
I've owned VASO on and off for a while. I think it is really interesting now and it has my attention.
Buy 20,000 shares of VASO at $0.1512 for the SwingTrade Portfolio.
I was quoted today in a Reuters article that also appeared on cnbc.com.
http://www.cnbc.com/2016/04/07/reuters-america-us-options-industry-dodges-a-bullet-with-fiduciary-rule.html
The ruling and article relate to this blog that I wrote last year:
http://microcapclub.com/2015/09/proposed-regulations-for-retirement-accounts-to-impact-microcap-investors/
Fortunately, as MicroCapClub petitioned, access to OTC equities will not be restricted by this new rule!
EVSNF announces a vote on a reverse split with the intent to uplist to Nasdaq.
http://www.sec.gov/Archives/edgar/data/1011664/000117891316004959/exhibit_99-1.htm
EVSNF announces a vote on a reverse split with the intent to uplist to Nasdaq.
I'm long shares.
http://www.sec.gov/Archives/edgar/data/1011664/000117891316004959/exhibit_99-1.htm
The advantages depends upon what you are comparing to. One of the biggest advantage is real-time access.
I use a commercial product but I can't recommend it. I will be looking at new ones later this year.
A free one you can use is as follows:
http://www.ldmicro.com/
Singing Machine and Stingray Report Triple-Digit Growth in Digital Karaoke Music Sales
https://finance.yahoo.com/news/singing-machine-stingray-report-triple-130000545.html
Singing Machine Company Announces Record Earnings in 3rd Quarter Release
https://finance.yahoo.com/news/singing-machine-company-announces-record-120000407.html
SMDM - Singing Machine and Stingray Report Triple-Digit Growth in Digital Karaoke Music Sales
https://finance.yahoo.com/news/singing-machine-stingray-report-triple-130000545.html
Sell 2000 shares of MTSL for $0.72 for the SwingTrade Portfolio.
SMDM looks like a likely multi-bagger. I posted my research on MicroCapClub.