Uranium Energy Corp. (UEC)

Newsletter Advisors, StockVest.com, Stock Updates, uraniumenergy.com, Willy Wizard, QualityStocks.net Press, Morningstar, and Small Cap Voice, all reported on Uranium Energy Corp. (UEC), and we are today at the QualityStocks Daily Newsletter.

Uranium Energy Corp. (UEC) is a junior resource company dedicated to becoming a near-term ISR (in-situ recovery) uranium producer in the United States. ISR mining is a noninvasive, environmentally friendly mining process involving minimal surface disturbance. Uranium Energy Corp. controls one of the largest historical uranium exploration and development databases in America.

The company has acquired advanced uranium properties throughout the southwestern states by utilizing these databases. These databases, combined with a management team comprised of pre-eminent uranium mining and exploration professionals with years of collective experience, has UEC poised for further growth. With their corporate office in Austin, Texas, the company trades on the American Stock Exchange (AMEX) as part of the Industrial Metals and Minerals industry.

Uranium Energy Corp. is focusing their development projects in areas that have historically been locations of significant exploration and development by senior energy companies. These areas are Texas, Wyoming, New Mexico, Arizona, Colorado, and Utah. The company believes targeting acquisitions here is the way to profitable growth based on information gleaned from their extensive databases.

Uranium Energy Corp. recently announced that they have completed the initial closing of a non-brokered private placement offering pursuant to which they have now issued an aggregate of 5,452,749 units (each a “Unit”), at a subscription price of $2.40 per Unit for gross proceeds to the company of $13,086,597. Each Unit is comprised of one common share (each a “Unit Share”) and one-half of one transferable common stock purchase warrant (each a “Warrant”) of the company. Each whole Warrant is exercisable for one additional common share of the company (each a “Warrant Share”) at an exercise price of $3.10 per Warrant Share for a period of two years from closing.

Uranium Energy Corp. also recently announced their addition to the Russell Microcap Index. The Russell indexes are well known, and widely used among investment managers and institutional investors for both active and passive investment strategies. As of the end of May, the Russell indexes have captured the 4,000 largest domestic stocks, which are ranked by market cap to create the Russell 3000 Index and the Russell Microcap Index. Becoming a member of the index ensures Uranium Energy a greater exposure to institutional investors, as well as constant comparison to other industry players.

In addition, on June 5, 2008, Uranium Energy Corp. announced receipt of the Draft Mine Permit for their Goliad ISR Project. This project is in south Texas and the permit came from the Texas Commission on Environmental Quality (TCEQ). This is the first Draft Mine Permit issued in over 10 years to a publicly listed company in the U.S.

Harry Anthony, Chief Operations Officer of Uranium Energy corp. said, “We are very pleased with the rapid progress we are making with the Goliad project. Receiving the Draft Mine Permit for Goliad after a nine-month period of review validates the detailed technical understanding that company staff are developing about the project area.”

Today, Uranium Energy Corp. announced the finalization of drilling plans for their 100 percent-owned Nichols Project in Karnes County, Texas. The Nichols Project consists of 900 acres, and is in the heart of the historic Karnes County uranium-mining district. The company's plans here are for 30 exploration holes for a total of approximately 18,000 feet of drilling. The Texas Railroad Commission, Division of Surface Mining has approved permits for this project. Development of this project aligns with the Uranium Energy Corp.'s plan to establish satellite facilities for their advanced Goliad ISR Uranium Project. The company is scheduling drilling at Nichols to commence next week.

With the public increasingly realizing that nuclear power plants generate electricity with far less greenhouse emission than fossil fuels, Uranium Energy Corp. sees themselves in a favorable position for funding and exploring all aspects of uranium development. They continue to explore for uranium opportunities to fuel their company's growth. They see the potential that uranium has for clean nuclear power, their company, and their shareholders.

Uranium Energy Corp. (UEC) closed today at $2.06, which was up $0.22 or 11.96 percent. Volume for the stock was 104,634. The 3-month average volume is 167,712. The 52-week range is $1.80 to $4.82.

Mantra Venture Group (MVTG)

SmallCap Voice and Investor Ideas reported on Mantra Venture Group (MVTG) and we choose to as well today here at the QualityStocks.net Daily Newsletter.

Mantra Venture Group, through their sustainable energy, carbon reduction, and consumer product subsidiaries, conducts their business in the green technology marketplace. They trade on the OTCBB with corporate headquarters in Seattle, Washington, and Vancouver, British Columbia. They facilitate investment in sustainable, commercially viable technologies. The company works to connect investors with innovative technologies that offer opportunities to meet today's global environmental challenges.

With a primarily financial role, Mantra Venture Group's focus is to provide investors with an opportunity to invest in renewable, sustainable, green, and low-carbon impact technologies. They also focus on providing their subsidiary companies with corporate oversight and guidance, as well as fulfilling their responsibility to engage the community through education.

The company has the intellectual property (patent application) for an alternative to carbon capture and storage. This is for the CO2 Converter, a process that converts carbon dioxide into a fuel. Mantra also has an exclusive option to Signal Smoothing. This technology can convert power from variable sources such as wind and solar into grid standard. Mantra also continues to investigate opportunities in cellulosic ethanol, biogas from biomass, and clean-coal technology.

Examples of technologies and projects that the company is currently developing and investigating through their subsidiaries are CO2 capture, sequestration, and underground injection. They are also working on evaluations of the marketplace for carbon reduction vendors. In addition, the company is looking for opportunities to increase power efficiencies as well as opportunities in wind, ocean, and geothermal power. The company is involving themselves in, or investigating opportunities in, biomass gasification, fuel cell technology commercialization, clean coal technologies, and residential/commercial/industrial energy efficiency as well as low carbon transportation alternatives.

In mid-July, Mantra Venture Group Ltd. announced that they have established Mantra NextGen Power Inc. (NextGen). NextGen's focus is to develop renewable fuels and the solar electricity for specialty applications. Mantra is conducting due diligence on selected patented processes for the production of ethanol from non-food cellulosic feedstocks. NextGen is currently in negotiations with a company that has developed a technology for the production of ethanol from wood or agricultural wastes. This new ethanol production method will convert agricultural and forestry waste into a clean-burning ethanol fuel. NextGen is also conducting due diligence on several solar photovoltaic (electrical) applications.

Yesterday, the company provided an update on the progress of their ERC (electro-reduction of carbon dioxide) technology at their laboratory. So far, the preliminary process flow diagram has received review and updating and material compatible for the project has undergone review. In addition, they have selected and ordered major components and received electrochemical cells from the University of British Columbia. These cells are undergoing refurbishing for the project. Additionally, Mantra has completed a one-year research and development schedule, and assembly of their test rig is currently happening.

The ERC process takes carbon dioxide and water, combined with electricity, to produce fuels and chemicals such as formic acid, formates, and oxygen. Larry Kristof, Mantra's C.E.O., commented, “The ERC test station is scheduled to be assembled by September 19, 2008 and online by September 30, 2008. Mantra is very excited to push this technology through to the marketplace. Implementation of this technology will have a significant impact on our current climate change crisis.”

Mantra Venture Group (MVTG) closed the day's trading at $0.39 up $0.01 or 2.63 percent. Volume was 31,200 shares for a 3-month average volume of 30,209.20. The company's 52-week range is $0.17 to $1.30.

BioFuel Energy Corporation (BIOF)

StockEgg.com reported today, Small Cap Pulse, Knobias, Green Chip Review did previously, and today we report on BioFuel Energy Corporation (BIOF) here at the QualityStocks Daily Newsletter.

Trading on the NASDAQ Global Markets, BioFuel Energy Corporation (BIOF) is a development stage ethanol-production company. The company conducts their operations in the United States and has their corporate headquarters in Denver , Colorado . Founded in 2006, the company's market capitalization is $18.74 million.

BioFuel Energy Corp. engages in the production of ethanol and has two plants, which are located in Wood River , Nebraska and Fairmont , Minnesota . These are two 115 million gallons per year ethanol plants operating in this Midwestern corn belt area. The company's goal is to become a leading ethanol producer in the United States . Their strategy to accomplish this is to further acquire, develop, own, and operate more ethanol production facilities.

The company recently announced that they made initial shipments of ethanol and distillers grain from their plants in Nebraska and Minnesota . Approximately two million gallons of ethanol were shipped in July. The company will reflect the related sales revenue in their financial statements for the quarter ending September 30, 2008.

Today, the company announced their second quarter results. For the three months ended June 30, 2008, they recorded net income of $948,000 or $0.03 per diluted share. Their first two ethanol plants began commercial operations in late June. This resulted in $292,000 in revenues for the second quarter. Cargill Incorporated is supplying the corn requirements for the two plants. They are also marketing the ethanol and distillers grains output.

BioFuel Energy Corporation (BIOF) closed Wednesday's session at $1.30, which was up $0.37 or 39.78 percent. Share volume was 658,658 for a 3-month average volume of 70,087.70. The stock's 52-week spread is $0.90 to $7.94.

Integral Systems Inc. (ISYS)

The Online Investor reported today, The Stock Advisors, The Street, Wealth Daily Mail, Investors Daily Edge, Small Cap Investor, Knobias, Stock Tiger did previously, and today we highlight Integral Systems Inc. (ISYS) here at the QualityStocks Daily Newsletter.

Integral Systems Inc. (ISYS) is a company that provides satellite ground systems including command-and-control software for satellites. Trading on the NASDAQ with a current market capitalization of $444.86 million, they have supported more than 205 different satellite missions for communications, science, meteorological, and earth resource applications. Headquartered in Lanham , Maryland , Integral Systems has approximately 500 employees.

Integral Systems was the first company to offer an integrated suite of commercial software products for satellite command and control. This was through their EPOCH IPS (Integrated Product Suite) product line. The company's wholly owned subsidiary, SAT Corporation, provides satellite and terrestrial communications signal monitoring systems to satellite operators and users globally. Through their Newpoint Technologies, Inc. subsidiary, Integral Systems provides software for equipment monitoring and control to satellite operators, broadcasters, and telecommunications firms. Their RT Logic subsidiary builds telemetry-processing systems for military applications. This includes tracking stations, control centers, and range operations. Integral Systems' Lumistar, Inc., subsidiary provides system, and board-level telemetry acquisition products.

This month the company announced that they are leasing additional office space in Colorado Springs, Colorado, El Segundo, California, and Chantilly, Virginia to accommodate their government business growth. The new 15,000 square feet of office space in Colorado Springs is located across the street from their current location. This brings Integral's Colorado Springs total office space to over 48,000 square feet, with approximately half of Integral's worldwide employees located in Colorado Springs .

Today, the company said their board approved a 2-for-1 stock split. Integral Systems said an additional share of common stock would be distributed per each share owned by holders of record as of August 25. The company's transfer agent will distribute the additional shares on September 5. Integral Systems expects their common stock will begin trading on a split-adjusted basis on NASDAQ September 8.

Today, Integral Systems Inc. (ISYS) closed at $52.14 up $2.14 or 4.28 percent. Volume for the stock was 178,041 for a 3-month average volume of 180,420. The 52-week spread for the stock is $20.84 to $51.13.

Metalico Inc. (MEA)

Zacks.com reported today, Green Chip Review did yesterday, Small Cap Voice and Knobias did earlier, and today we highlight Metalico Inc. (MEA) here at the QualityStocks Daily Newsletter.

Headquartered in Cranford, New Jersey, Metalico, Inc. is a holding company with operations in ferrous, non-ferrous, and PGM metal recycling, and fabrication of lead-based products. Trading on the American Stock Exchange (AMEX) the company has a market capitalization of $466.38M. Founded in 1997, they operate twenty recycling facilities in New York , Pennsylvania , Ohio , West Virginia , New Jersey , Texas , and Mississippi and five lead fabricating plants in Alabama , Illinois , Nevada , and California . They serve both U.S. and Canadian markets.

Metalico's recycling segment buys ferrous and non-ferrous scrap metal, then converts it into usable forms. They sell to global industries including contractors in the U.S. Department of Defense. Their products find use in the roofing, plumbing, radiation shielding, electronic soldering, ammunition, and automotive industries. The company has an increasing market in China , Southeast Asia, and India . Metalico's lead fabrication business produces over one hundred diverse products. With five locations in four states, the company consumed approximately 62 million pounds of lead metal to produce these products in 2007.

The company purchases all forms of metal scrap from manufacturers, small scrap dealers, demolition contractors, and peddlers. They sort this scrap and prepare it for sale to mills, furnaces, and foundries. Metalico's head office and their New York scrap operations get 50 percent of their electricity from renewable wind energy. In 2007, Metalico added operations in California and Alabama to the wind energy program. The U.S. Environmental Protection Agency (EPA) recognized their use of renewable wind energy and named Metalico as a Green Power Partner.  Metalico continues to contribute efforts to use renewable energy, reduce pollution, and encourage recycling. 

On July 31, the company reported the best quarter in their history, with increases in revenues, operating income, and EBITDA for the second quarter of 2008. Sales increased by 342 percent to $295.1 million in 2008, compared to $66.8 million in the prior year's second quarter. Operating income increased by 383 percent to $30.1 million, compared to operating income of $6.2 million for the quarter ended June 30, 2007. EBITDA increased by 328 percent to $34.2 million, compared to $8.0 million in the second quarter of 2007.

Metalico Inc. (MEA) closed today at $12.98, which was up $0.84 or 6.92 percent. Share volume was 702,783. The stock's 3-month average volume is 888,618. The 52-week range for the stock is $5.50 to $18.85.

Firstgold Corp. (FGOC)

Today, we are highlighting Firstgold Corp. (FGOC) here at the QualityStocks Daily Newsletter.

Headquartered in Cameron Park, California, Firstgold Corp. is a junior mining and exploration company who focuses on gold projects in the United States . They have five properties in Nevada , considered one of the world's best gold-mining areas. Trading on the OTCBB under the symbol FGOC, Firstgold Corp.'s mission is to become a substantial gold producer. They also trade on the Toronto Stock Exchange (TSX) under the symbol FGD. The company's main project is their Relief Canyon Gold Mine Project. This property consists of 965 acres. Overall Firstgold Corp. leases more than 30,000 acres in Nevada .

The company is now conducting extensive drilling and development analysis on their Relief Canyon Gold Mine Project. Relief Canyon is outside of Lovelock, Nevada . The Relief Canyon project is an open-pit heap-leaching operation located approximately 110 miles northeast of Reno, Nevada.

Firstgold Corp. is also exploring other properties for potential gold production. Their Antelope Peak Project is a grass roots play consisting of 35,000 acres. Located near Wells, Nevada this property is analogous to successful operating mines in the area. Firstgold Corp. is pursuing a more thorough exploration program here because early round sampling shows potential for the area. Horse Creek, northeast of Firstgold's offices north of Winnemucca, is their newest exploration project. Firstgold has staked approximately 4,000 acres of unpatented mining claims here. Horse Creek is in the very early stages of exploration.

Firstgold Corp. recently announced the opening of their full service metals and mineral assay laboratory in Lovelock, Nevada . The laboratory will process samples from Firstgold's Relief Canyon project, other Firstgold exploration properties, and provide excess capacity to outside mining and exploration companies.

On August 8, the company announced that they have arranged a $15.75 million senior secured note facility with two U.S.-based investment funds, which is fundable in five tranches. Steve Akerfeldt, CEO of the Firstgold, said, "Firstgold welcomes the confidence that the investment group that funded the Loan has demonstrated in our ongoing development at Relief Canyon with this investment. We had always planned to add some debt in our capital structure in the development of our Relief Canyon processing facilities. The challenges of the debt market today produced a higher cost than we had planned but does provide us with funding necessary to get Relief Canyon operational. From this point forward 100 percent of our efforts will be spent on getting Relief Canyon online and in proving up a resource at Relief Canyon and our other Nevada properties."

Today, Firstgold Corp. (FGOC) closed at $0.33 down $0.04 or 10.81 percent. Volume was 104,060 for a 3-month average volume of 186,588. The 52-week spread is $0.27 to $0.96.

NexxNow Inc. (NXXN)

MarketWatchGuru reported this month, OTC MarketWatch did last month, and today we are highlighting NexxNow Inc. (NXXN) here at the QualityStocks Daily Newsletter.

NexxNow Inc. is a sports and entertainment media company that is relying heavily on technology to drive their growth. The company's focus is to deliver sports related content to China through the internet and television broadcasting. Headquartered in East Aurora , New York , the company believes the Chinese market is the most exciting emerging media marketplace of the past 50 years.

They believe the country's love of basketball is where their marketing opportunity lies. NexxNow is developing a distribution network to deliver minor league basketball games from the United States , South America, and Europe to China . They believe the 420 million Chinese basketball fans will devour the sports content they provide. NXXN has a market of 1.2 billion Chinese TV viewers to tap in the coming years.

They hope to provide their sponsors/advertisers and sports teams they associate with a multi-media platform for greatest exposure. This will consist of TV, radio, print, and internet to give their clients simultaneous exposure to the Chinese and American markets. In sports terms, they want to cover all the bases so-to-speak.

Their wholly owned subsidiary is NexxNow China, Inc. This subsidiary will develop vigorously the Internet and TV broadcast of U.S. sports related content to China . They are especially focusing on the basketball fever in China as they look at numbers like these: 200 million viewers for a Houston Rockets versus Milwaukee Bucks game compared to 97.5 million for Super Bowl XLII.

NexxNow recently announced joining with the Premier Basketball League (PBL) to form PBL China LLC. PBL China LLC will pursue television broadcasting of PBL basketball games into and from China . They will also pursue international league expansion. They will pursue the formation of Chinese owned and operated PBL teams in the People's Republic of China . In addition, they will focus on the solicitation of international/national sponsorship of the PBL with NexxNow's "ACE" technology and multi-media platform offering.

NexxNow's Audience Communication Executable (ACE) technology is a direct to desktop application that resides in the system tray of a person's computer. This allows a company/host to reach them 24/7 regardless of what they are doing online. It empowers the company/host to drive consumers back to their website in rich media format such as audio, video, web, animation, and the like.

Monday, NexxNow, Inc. announced that they have opened their Chinese office at the Beijing Sunflower Tower , Beijing , China . NexxNow will share the Clemente Asset Management, LLC facilities and benefit from Clemente's administrative staff and counsel. Paul Riley, CEO of NexxNow stated, "Our association with Clemente Asset Management and the creation of our China Advisory Board provides an unparalleled opportunity to advance our basketball broadcast initiatives in China ."

NexxNow Inc. (NXXN) closed today at $0.71 up $0.01 or 1.43 percent. Volume for the stock was 47,427 for a 3-month average volume of 8,623.08. The 52-week spread for the stock is $0.25 to $2.60.

PAETEC Holding Corp. (PAET)

HotOTC.com reported today, OTC Stock Exchange and Greenbackers did last week, Social Picks and Daily Wealth did earlier, and today we choose to highlight PAETEC Holding Corp. (PAET) as well here at the QualityStocks Daily Newsletter.

PAETEC Holding Corp. offers a comprehensive suite of data, voice, and IP services. They also offer enterprise-communications management software, network security solutions, CPE, and managed services. With corporate headquarters in Rochester, New York, the company lists on the NASDAQ. They are part of the Diversified Communication Services industry in the Technology sector. Their goal is to personalize communications solutions for business customers throughout the U.S.

Founded in 1998, PAETEC serves 82 of the top 100 Metropolitan Statistical Areas in the United States. They began when CEO Arunas A. Chesonis and a core team of executives recognized that existing telecommunications providers were failing to deliver first-rate customer service. They made this their guiding principle for the company. Today, PAETEC delivers personalized communications solutions and service to business-class customers. Their corporate mission is to be the most customer and employee-oriented communications provider. PAETEC provides their services to diverse industries, including financial services, government, healthcare, higher education, hospitality, professional services, and retail.

RE/MAX International, Inc. has formed a partnership with PAETEC Holding Corp. This partnership will help RE/MAX offices in the U.S. enhance their business operations by using advanced communications technology for data, Internet, voice, and IP-based (Internet Protocol) services. More than 200 RE/MAX locations have already contracted with PAETEC. The platform available to RE/MAX offices from PAETEC includes data and IP-based solutions, comprehensive voice solutions, and advanced Toll-Free services. It also includes a unique Equipment for Services program that can subsidize the cost of capital expenditures.

PAETEC Holding Corp. (PAET) closed trading today at $3.39, which was up $0.33 or 10.78 percent. Volume was 4,780,466 for a 3-month average volume of 1,113,290. The 52-week range for the stock is $2.45 to $13.72.