The QualityStocks Daily
Pluristem Therapeutics Inc. (PSTI)
OTC Picks, HotOTC.com, Lebed.biz, CEO Cast, Beacon Equity Research, Knobias, Dutton Associates, Small Cap Voice, all reported on Pluristem Therapeutics Inc. (PSTI) and we are as well here at the QualityStocks Daily Newsletter.
Pluristem Therapeutics Inc. (PSTI) is a bio-therapeutics Company working to commercialize non-personalized (allogeneic) cell therapy products for the treatment of a variety of severe degenerative, autoimmune disorders for situations where current therapies are impractical. The company was founded in 2001 as A.I. Software, Inc., changed its name to Pluristem Life Systems in 2003 and subsequently changed its name to Pluristem Therapeutics, Inc. in November 2007. The company is based in Haifa , Israel .
Pluristem's pipeline of products is derived from mesenchymal stromal cells (MSCs) that are obtained from the human placenta, an organ that has traditionally been considered medical waste after childbirth. Because of this, it is a non-embryonic, non-controversial source of cells. The company then expands the MSCs using its proprietary PluriX™ 3D bioreactor. The resultant cells are termed PLacental eXpanded (PLX) cells. Pluristem's products are then stored “ready to use” with no matching needed.
Current products in development include:
PLX-PAD is intended to treat patients suffering from the critical stage of peripheral artery disease (PAD). PAD affects millions of patients whose symptoms stem from a decrease in blood supply primarily to the lower extremities. PAD is aggravated by conditions such as atherosclerosis, diabetes, and smoking. Animal studies have shown that PLX-PAD significantly increases the number of new blood vessels and blood flow to the extremities. Pluristem plans for human studies to begin later in 2008.
PLX-BMT is intended to address the global shortfall of matched stem cells (HSCs) required for bone marrow transplants (BMT), because approximately 60% of patients diagnosed with leukemia each year are unable to find a suitable bone marrow donor match. Tests in animals have shown promising results, and Pluristem expects to begin human trials in early 2009.
PLX-STROKE shows potential to become a new treatment for functional recovery from a stroke.
PLX-MS shows potential for the treatment of Multiple Sclerosis, an autoimmune disorder in which the immune system attacks the central nervous system (CNS).
PLX-IBD shows potential for the treatment of ulcerative colitis and Crohn's disease, known collectively as Inflammatory Bowel Disease (IBD).
Pluristem also believes their PLX cells are potentially useful for other indications such as organ transplantation, orthopedic injuries, and radiation sickness.
Pluristem Therapeutics Inc. (PSTI) closed today's session at $1.04, which was down $0.05 or 4.59 percent. Volume was 42,284 shares for a 3-month average volume of 9,523.81. The 52-week range for the stock is $2.20 to $30.00.
Basic Earth Science Systems Inc. (BSIC)
Standout Stocks reported today, HotOTC.com did previously, and today we highlight Basic Earth Science Systems Inc. (BSIC) here at the QualityStocks Daily Newsletter.
Basic Earth Science Systems Inc. (BSIC) is an OTCBB traded company with headquarters in Denver , Colorado . They are an oil and gas exploration and production enterprise with exposure to 68,153 gross (8,470 net) undeveloped acres. Founded in 1969, they have their primary operations in select areas of the Williston basin, the Denver-Julesburg basin in Colorado , the southern portions of Texas , and along the on-shore portions of the Gulf Coast .
The company's growth strategy is in discovering new sources of oil and natural gas reserves, acquiring strategically significant properties, and boosting cash flows from existing oil and gas production. As of March 31 2008, Basic Earth Science Systems Inc. had working interest in 90 producing oil wells and 14 producing gas wells in North Dakota , Montana , Colorado , Texas , and Wyoming . Their estimated proved developed oil and gas reserves were 1,229,000 barrels of oil equivalent.
Today, the company announced their fiscal first quarter financial results for the quarter ended June 30, 2008. They reported oil and gas sales revenue increased 107 percent to $3,312,000 compared to $1,603,000 for the comparable quarter ended June 30, 2007. Net income increased 381 percent to $1,380,000 or approximately eight cents ($0.079) per share compared to net income of $287,000 (restated), approximately two cents ($0.017) per share for the comparable quarter ended June 30, 2007.
Ray Singleton, President of Basic Earth stated, "We are extremely pleased to announce these record results. Not only have we built a strong platform in which to leverage future growth, but we've demonstrated our ability to execute our business plan resulting in sizeable year over year earnings growth. With our Antenna Federal project's wells just now coming on-line in Colorado combined with current oil prices, we believe we are positioned to produce continued strong financial results for the rest of the year.”
Basic Earth Science Systems Inc. (BSIC) closed today's session at $1.75, which is up $0.35 or 25.00 percent. Volume for the stock was 190,249. The 3-month average share volume is 83,818.50. The 52-week range is $0.89 to $3.04.
Gulf Resources Inc. (GFRE)
HotOtc.com reported today, HotStocksRus, Standout Stocks, OTC Picks, Knobias, Ahead of the Bulls, Wall Street Savant, OTC Reporter, OTC Advisors, Invest Source, Wall Street Grapevine reported previously and today we are reporting on Gulf Resources Inc. (GFRE) here at the QualityStocks Daily Newsletter.
Trading on the OTCBB, Gulf Resources, Inc. operates through two wholly owned subsidiaries. These are Shouguang City Haoyuan Chemical Company Limited (SCHC) and Shouguang Yuxin Chemical Industry Co. Limited (SYCI). Gulf Resources, Inc., through these two subsidiaries, manufactures and trades in bromine and crude salt in the People's Republic of China . With headquarters in Shouguang City , the company believes they are the largest producer of bromine in China .
Through their SYCI subsidiary, Gulf Resources Inc. manufactures chemical products utilized in a variety of applications. These include oil and gas field exploration and as papermaking chemical agents. Elemental Bromine is used to manufacture a broad spectrum of compounds used in industry and agriculture. In July, Gulf Resources signed an agreement with Longteng, the largest privately owned coated art paper producer in China . The agreement is to supply custom produced chemicals for use in the manufacturing of high quality paper products. Gulf Resources will produce five new custom paper additives specifically for use in the production of high–quality, specialty paper products.
Also in July, Gulf Resources established a cooperative research and development agreement with the Shandong Institute of Light Industry (SILI). This agreement is to create improved products for use in the papermaking industry. This research and development project with SILI gives Gulf Resources the sole right to use any products and technologies developed for a period of two years. This is so they can create new, superior, paper additives for use in the production of specialty paper products.
Today, Gulf Resources, Inc. announced their financial results for the three and six months ended June 30, 2008. Net revenue was $23.8 million, an increase of 92 percent from 2007. Gross profit was $9.7 million, an increase of 90 percent from 2007. Income from operations was $8.6 million, an increase of 79 per cent from 2007. Net income was $6.3 million, an increase of 103 percent from $3.1 million in 2007.
Basic and fully diluted earnings per share doubled to $0.06 from $0.03 in 2007.
Gulf Resources Inc. (GFRE) closed today at $0.85, up $0.25 or 41.67 percent. Volume was 1,509,782. The 3-month average volume for the stock is 200,051. The 52-week range for the stock is $0.47 to $3.19.
Transcat Inc. (TRNS)
Today we are highlighting Transcat Inc. (TRNS) in the QualityStocks Daily Newsletter.
Founded in 1964 and headquartered in Rochester , New York , Transcat, Inc. is a leading global distributor of premium brand test and measurement instruments and an accredited provider of calibration,
3-D metrology and repair services primarily to customers in the life sciences, manufacturing, utility and process industries.
Transcat's Distribution Products segment markets and distributes national and proprietary brand test and measurement instruments and provides superior technical support and consultative assistance to ensure its customers the right products to meet their needs. Transcat offers high-quality, premium brand name products such as Fluke, Emerson Process Management, Agilent Technologies and
GE Sensing to approximately 12,500 global customers. Transcat markets to its core customer base through its direct mail marketing catalog, which offers more than 25,000 test and measurement instruments, as well as its website, www.transcat.com , and an outbound sales group.
The Calibration Services segment provides calibration and repair services for customers' test, measurement, and diagnostic instruments. They deliver more than 100,000 precise, reliable in-house calibrations annually through its 12 Calibration Centers of Excellence located throughout the U. S. , Puerto Rico, and Canada . Transcat's calibration laboratories are all ISO-9001:2000 certified and are an essential part of its customers' effective quality systems.
Known for its integrity and reliability, Transcat offers it calibration customers a variety of value-added services, including rapid turn-around times and deliveries, customer on-site services and its proprietary calibration documentation and tracking program, CalTrak.
With its recent acquisition of an Oregon based distributor and calibration services provider, Transcat added a strategic west coast distribution operation to enable faster deliveries, a larger product offering and a full-service, accredited laboratory in the Pacific Northwest . Through a combination of organic growth and continued acquisitions, the Company intends to expand its top-line by continuing to aggressively market its distribution products through a variety of channels and pursue new calibration customers in industries that rely on calibration services to maintain quality processes. Additional growth will come from the successful cross-selling of both products and calibration services to its new and existing customers.
On July 24, 2008, the company reported revenue of $17.9 million in the first quarter of fiscal 2009, which ended June 28, 2008, a 10.3 percent increase compared with revenue of $16.2 million in the first quarter of fiscal 2008 and expect distribution product sales to grow in the mid- to upper-single digit range and calibration services revenue by 10 to 12 percent in fiscal 2009.
Transcat Inc. (TRNS) closed today's trading at $7.75 up $0.33 or 4.45 percent. Volume was 5,608 for a 3-month average volume of 1,709.23. The 52-week range is $3.71 to $8.96.
WidePoint Corporation (WYY)
Hawk Associates reported yesterday, Knobias did earlier, and today we are highlighting WidePoint Corporation (WYY) here at the QualityStocks Daily Newsletter.
WidePoint Corporation (WYY) is an Oakbrook Terrace , Illinois headquartered company that trades on the American Stock Exchange (AMEX). They are a leading provider of advanced information technology products and services. These include identity management and information assurance services, forensic informatics, and wireless technology services. The company also provides protection services and serves the government sector as well as commercial markets.
WidePoint helps organizations to implement fully compliant IT services in compliance with government-mandated regulations and advanced system requirements. WidePoint's wholly owned subsidiaries are Operational Research Consultants, Inc. (ORC), iSYS, LLC, and WidePoint IL . Their ORC subsidiary is the leading provider of high-level PKI services to the federal government. Their iSYS LLC subsidiary offers a wide variety of critical advanced IT services via contract to many federal customers and major systems integrators. The company's WidePoint IL is a consulting services firm that specializes in planning, managing, implementing, and supporting Information Technology solutions.
Last week, WidePoint announced that their subsidiary iSYS had received a new Task Order under their Washington Headquarters Services (WHS) Blanket Purchase Agreement (BPA) to provide mobile telecom management services for the Office of the Secretary of Defense. The new Task Order is fully funded at $1.9 million. iSYS also received a modification that added $575,000 to expand their existing mobile telecom management services Task Order in support of WHS.
Today, WidePoint Corporation announced that revenue for the second quarter of 2008 increased 182 percent to $9,264,000 from $3,289,000 in the second quarter of 2007. Revenues for the 6 months ended June 30, 2008 totaled $16,415,000. This was a 167 percent increase compared to the six-month period of calendar 2007. Gross profit increased approximately 40 percent to $1.6 million.
WidePoint Corporation (WYY) closed today at $0.85, which was up $0.03 or 3.66 percent. Share volume was 89,800.
CombiMatrix Corporation (CBMX)
The Growth Stock Wire reported today, Small Cap Investor, Knobias did previously, and today we choose to highlight CombiMatrix Corporation (CBMX) here at the QualityStocks Daily Newsletter.
With their corporate headquarters near Seattle , Washington , in Mukilteo, CombiMatrix Corporation is a biotechnology company with a subsidiary, CombiMatrix Molecular Diagnostics, headquartered in Irvine , California . As a NASDAQ traded company in the Biotechnology field, CombiMatrix's patented electrochemical manufacturing process uses standard semiconductor technology, proprietary software, and chemistry to build arrays of materials, molecule by molecule.
CombiMatrix Corporation and their subsidiaries develop technologies, products, and services in the areas of drug development, genetic analysis, molecular diagnostics, nanotechnology research, biodefense, and homeland security. Their CustomArray™ products are DNA microarrays, which have uses in pharmaceutical, biotech, and agrochemical industries, and in research and government markets. In April the company's subsidiary, CombiMatrix Molecular Diagnostics, Inc. launched BAC HD Scan Test for over 125 genetic abnormalities that cause developmental delay in children, including the recently published Autism-linked markers.
In July, CombiMatrix announced that they had received a new contract from the U.S. Department of Defense to continue development of their microarray products and technologies for military use. The new contract is for $922,610, and is to be performed over a fifteen-month period. The company announced last week that they were awarded a $249,226, six-month contract from the Defense Advanced Research Projects Administration for the development of label-free detection techniques using their microarray technology.
Yesterday, CombiMatrix reported their financial results for the three and six months ended June 30, 2008. They had 55 percent year-over-year revenue increase from quarter two 2007 to quarter two of 2008.
They also had a 421 percent year-over-year increase in diagnostic service revenue from quarter two 2007 to quarter two of 2008. In addition, they had a 45 percent quarter-over-quarter increase in diagnostic service revenue from quarter one 2008 to quarter two 2008
In all, they have had six consecutive quarters of overall revenue growth. The company has recently received the honor of being selected to join the Russell Microcap Index.
CombiMatrix Corporation (CBMX) closed Thursday's session at $12.58 up $0.27 or 2.19 percent. Share volume was 76,561 for a 3-month average share volume of 19,896.90. The 52-week range for the stock is $4.50 to $11.79.
Jamba Inc. (JMBA)
Standout Stocks, HotOTC.com, Stock Stars, StockEgg.com, Knobias, Big Idea Investor, Small Cap Investor, and Motley Fool reported on Jamba Inc. (JMBA) and today we are highlighting the company here at the QualityStocks Daily Newsletter.
A holding company, Jamba Inc. operates through their wholly owned subsidiary Jamba Juice Company who owns and operates Jamba Juice® stores. Founded in 1990, the company, as of July 15, 2008, had 736 stores. Of these stores, 518 are company-owned and operated, with the rest franchisee-owned stores. With headquarters in Emeryville, California, they trade on the NASDAQ.
The company sells an assortment of blended-to-order fruit smoothies, squeezed to order juices, blended beverages, and healthy snacks. Jamba's product line-up also includes Smoothies with Organic Granola, Yogurt, and Fruit Blends, All Fruit drinks with ice, and Creamy Indulgences, which contain non-fat frozen yogurt.
They also sell their Jamba Light, which contains a low-calorie dairy base, and their Blended With a Purpose drinks, which contain Energy boosts, Whey Protein boosts, and Weight Burner boosts. They also sell Shots, such as Wheatgrass Shots, and those with green tea powder and soymilk, as an example. Their snacks include omega-3 cookies and brownies. The company also sells their line of ready-to-drink Jamba® bottled Smoothies and Juicies in grocery stores.
The company's Juicies ™ contain healthy juice combinations such as orange juice, passion fruit mango juice, and mangos. They have a line of Jamba Classics, for example their Orange a Peel™ which contains 100 percent pure orange juice, strawberries, bananas, non-fat frozen yogurt, and ice. Jamba's Boosts drinks are to provide that extra kick of energy one may need in their day. An example is their 3G Charger, which contains guarana, ginseng, and green tea. In July, Jamba launched an All Fruit Smoothie, for a limited time, in all their Jamba Juice stores.
On July 24, Jamba announced preliminary, unaudited second-quarter revenue of $98.6 million, up 10 percent compared with the second quarter of 2007. Store revenue was $96.3 million, an 11.7 percent year-over-year increase.
Today, Jamba Inc. (JMBA) closed at $1.03 up $0.03 or 3.00 percent. Volume was 517,428 for a 3-month average volume of 642,111. The 52-week spread is $0.94 to $7.80.
TRX Inc. (TRXI)
OTC Picks previously reported on TRX Inc. (TRXI) and today we highlight the company here at the QualityStocks Daily Newsletter.
Headquartered in Atlanta , Georgia , and trading on NASDAQ, TRX, Inc. is a global leader in travel data and technology, turning travel reservations and information into actionable insights. They deliver their software applications to travel agencies, corporations, travel suppliers, government agencies, credit card associations, credit card issuing banks, and third-party administrators. The company is based in Atlanta with operations in North America, Europe, and Asia .
TRX is focused on three main travel categories: Corporate Online Booking, Reservation Processing, and Corporate Travel Data Intelligence.
TRX online booking, available through RESX, helps streamline online reservation booking and management using customized booking portals and data solutions. It helps companies meet their compliance needs, their budgets, and their profiles.
The TRX reservation processing platform helps to improve an enterprise's operational efficiency, reduce reservation-processing errors, and helps the company focus on customer satisfaction. Through CORREX, companies can automate their manual processes. The hosted transaction-processing platform provides for efficient, automated, quality control, reservation file finishing, electronic ticketing, and messaging of travel reservations. CORREX also helps companies increase agent productivity and reduce errors with a suite of automated tools.
TRX's data intelligence platform enables firms to manage their travel programs more effectively via improved access to, and understanding of, their consolidated corporate travel data. The company's TRAVELTRAX solution features a dashboard-reporting tool to present data in a simple format. In this way, companies can easily and efficiently track travelers, control spending, maintain budgets, and save money through reduced travel expenses and better supplier contracts.
TRAVELTRAX also consolidates and normalizes data from a myriad of sources to help improve the accuracy and quality of information. Additionally, TRX Travel Analytics specializes in delivering high quality, unbiased analytical services to corporate travel programs worldwide. Last month, TRX received a patent for the TRX Travel Analytics technology tool used by corporate buyers to analyze airline bids.
TRX Inc. (TRXI) closed today at $1.07, which was down $0.12 or 10.08 percent. Volume was 976 shares for a 3-month average volume of 7,230.77 shares. The 52-week spread for the stock is $0.98 to $2.62.
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The QualityStocks Company Corner
SkyPostal, Inc. (SKPN)
The QualityStocks Daily Newsletter would like to welcome our newest client SkyPostal, Inc. (SKPN)
Today, SkyPostal Networks Inc. closed trading at $1.49 for no change from yesterday's close. There was no volume for the stock today. The 3-month average volume is 5,889.23. The stock's 52-week range is $0.90 to $1.49.
SkyPostal Networks, Inc. announced financial results for the second quarter of 2008. Sales for the 6 months ended June 30, 2008 totaled $4,532,113, which is a 16.5% increase over the same 6-month period ended the previous year. The company also reported that total tonnage handled increased 20% for the 6 months ended June 30, 2008 compared to the same period ended June 30, 2007.
SkyPostal Networks, Inc. invites interested investors to take part in an investor conference call on Thursday, August 7, 2008 at 4:15 p.m. Eastern. During the call SkyPostal Network's Chief Executive Officer Albert Hernandez will present details of the Company's latest progress and strategic initiatives to build revenue and shareholder value. He will also address shareholder questions.
SkyPostal, Inc. formerly shares recently broke their 52 week high after the company announced it announced record financial results for the first quarter of 2008. The results include sales of $2,440,801, a 40% increase over the previous year's first quarter revenues of $1,747,765, demonstrating the success of the Company's initiatives to become one of the largest facilitators of mail delivery from Europe and the US into LAC, reliably delivering more than 130 tons of mail per month into the region.
SkyPostal, Inc. recently announced it has acquired SkyPostal, Inc., in a move to change its corporate strategy and direction. Omega will cease its previous business activities and file to change its name to SkyPostal Networks, Inc. SkyPostal is one of the largest facilitators of mail delivery from Europe and the US into LAC, for major European postal administrations and the leading mail consolidators, delivering more than 150 tons of mail per month into the region. The Company has exclusive agreements in place with over 20 major private postal services in 20 different countries throughout the LAC region for the delivery of commercial mail, periodicals and parcel post.
SkyPostal, Inc. is an international mail distribution company focused on delivering commercial mail and periodicals into the Latin America-Caribbean (LAC) region. The Company is one of the leading private mail networks in Latin America and handles mail from European postal administrations, major publishers, international mailers and financial institutions that demand on-time, reliable delivery of their mail and/or magazines. Through its web-based proprietary tracking system, SkyPostal offers clients with the option of tracking their mail as well as the Company's performance. Disclaimer
SkyPostal, Inc. Blog
SkyPostal, Inc. News:
InPlay Technologies Reports Second Quarter 2008 Financial Results and SkyPostal Networks, Inc. Announces Second Quarter Results
SkyPostal Networks, Inc. Announces Second Quarter Results
SkyPostal Networks Investor Conference Call Today at 4:15pm Eastern
QuoteMedia, Inc. (QMCI)
The QualityStocks Daily Newsletter would like to spotlight QuoteMedia Inc. (QMCI).
Today, QuoteMedia, Inc. closed trading at $0.13 up $0.02 or 18.18 percent. Their volume was 27,898 for a 3-month average volume of 28,341.50. The stock's 52-week range is $0.10 to $0.24.
QuoteMedia, Inc. announced financial results for the three and six months ended June 30, 2008. These results reflect a 30 percent increase in second quarter revenues to $1,724,396 from $1,331,405 in the comparative period in 2007. Revenue for the six months ended June 30, 2008 increased 37 percent, to $3,412,071 from $2,492,105 in the comparative period in 2007. As of June 30, 2008 the Company's cash balance was $463,214, an increase of $105,898 from the balance at December 31, 2007.
QuoteMedia, Inc. announced an enterprise agreement with Penson Worldwide Inc. Penson is a leading provider of execution, clearing, settlement, custody, and technology products and services to the global financial services industry. Penson will integrate QuoteMedia offerings into platforms they provide to their nearly 300 correspondent financial services firms for use by their brokers, financial advisors, and retail brokerage customers.
QuoteMedia, Inc. announced the addition of Mr. James Kelly as Corporate Sales Director in the company's office in New York City. Mr. Kelly brings almost 20 years of experience in the Financial Services and Market Data Technology industries. Mr. Kelly served recently as Vice President of Sales & Account Management for QUODD Financial Information Services. His responsibilities there were to develop, and close new business among the brokerage professional market.
Quotemedia, Inc. announced an agreement to provide market data feed services to Captivate Network, a subsidiary of Gannett Co., Inc. (NYSE: GCI). Captivate Network, a digital at-work news and entertainment network, chose QuoteMedia to provide financial quotes and market data to more than 2.6 million business professionals through approximately 8,400 wireless, digital screens. These data feeds will display on elevator screens of prime office towers in twenty-four of North America's largest markets.
Quotemedia, Inc. announced financial results for the fiscal year ended December 31, 2007 . These results reflect a 49% increase in year-over-year revenue, from $3,742,534 in 2006 to $5,569,107 in 2007.
Quotemedia, Inc. recently announced a two-year agreement to provide streaming real-time portfolio management, and comprehensive financial market data and research information, to Zecco Trading, a wholly owned subsidiary of Zecco Holdings which powers one of the fastest growing online investing and trading communities.
Quotemedia, Inc. announced the official launch of Quotestream™ Professional, QuoteMedia ' s new streaming portfolio management solution designed specifically for use by financial services professionals, such as brokers, financial advisers and fund managers. The company also announced this week the appointment of Mr. George Katsch as Corporate Sales Director, to lead the company ' s new office in New York City.
Quotemedia, Inc. engages in the development and distribution of financial market data and related services to a global marketplace. It specializes in the collection, aggregation, and delivery of both delayed and real-time financial data content through the Internet. Its products include stock market quotes, fundamentals, historical and interactive charts, company news, filings, option chains, insider transactions, corporate financial's, corporate profiles, investor relations provisions, level II, watch lists, and real-time snap quotes. Disclaimer
QuoteMedia, Inc. Daily Blog
QuoteMedia, Inc. News:
QuoteMedia Reports 30% Increase in Revenue for Q2 2008
QuoteMedia Announces Enterprise Agreement with Penson Worldwide
James Kelly Joins QuoteMedia's New York Office
Axial Vector Energy Corporation (AXVC)
The QualityStocks Daily Newsletter would like to spotlight Axial Vector Energy Corp. (AXVC)
Today, Axial Vector Energy Corp. closed trading at $0.33, which was up 0.10 or 43.48 percent. Their volume today was 44,099 shares. Their 3-month average volume is 54,310.80 shares. Their 52-week range is $0.15 to $1.13.
Axial Vector Energy Corporation announced that the Zayed Future Energy Committee has accepted their application for consideration. The winners of the Awards will be formally saluted during a formal award ceremony in January 2009 under the patronage of His Highness General Sheikh Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces of the United Arab Emirates.
Axial Vector Energy Corporation announced that the Board of Directors has authorized an investment to repurchase up to five million of their common stock shares as part of a new buyback program. The program commences today, July 23, 2008, and is expected to conclude on or before August 31, 2008. The timing and exact number of shares purchased will be at the Company's discretion and will depend on market conditions.
Axial Vector Energy Corp. announced that they have agreed with QualityStocks to be featured in The Small Cap QualityStocks Daily Newsletter, Daily Video Internet broadcast and QualityStocks Daily Blogs and Message Boards. Mr. Ahmed Khalifa, President, and CEO, of Axial Vector Energy, has the company focused on developing and licensing innovative internal combustion engine and electric power generator technologies for use in automotive, power generation, appliance, and military applications.
Axial Vector Energy Corporation announced that the U.S. Securities and Exchange Commission have terminated their investigation of the Company, and their former Chairman, recommending that no enforcement action be taken. The SEC informed Axial Vector Energy Corporation of their decision in a letter from the SEC's San Francisco Regional Office. Axial Vector Energy Corporation CEO Ahmed Khalifa said, "We are pleased, but not surprised, by the SEC decision. We believe that our business conduct has always upheld to high standards of integrity. During the long investigation, we cooperated fully with the SEC to demonstrate that we have nothing to hide. This decision affirms our corporate principles and confirms our resolve to become an international leader in clean energy. Further, the Company can now move forward focused entirely on the business plan."
Axial Vector Energy Corporation (AXVC) is a Portland based company focused on developing and licensing innovative internal combustion engine and electric power generator technologies for use in automotive, power generation, appliance, and military applications. By employing its patent-pending “axial flux” engine and generator set (GENSET) technologies, the company is able to produce highly efficient, cost-effective, and environmentally sensitive multi-fuel engines and motors that are scalable and adaptable for both mobile and fixed-location settings. Axial Vector Energy plans to use its flagship technology, Axial Vector Engine, to serve as the core of the company's initial market applications. The revolutionary engine is unique for its ability to produce significantly higher horsepower and torque with considerably lower fuel consumption than similarly sized conventional engines. According to the company, the Axial Vector Engine is also less costly to manufacture and operate, while providing significant environmental advantages over standard internal combustion engines.
The company has also developed a new line of high-power “Axial Flux” coreless electric generators that achieve 98.5% efficiency in converting mechanical to electric energy. Axial Vector Energy's Axial Vector Engine can be seamlessly implemented with two 100 kW Axial Flux generators to create a 200 kW generator set, which is anticipated become Axial Vector Energy's first commercially marketed product.
Axial Vector Energy is excited about the potential its innovative engine and generator technologies have, and in order to protect their proprietary information and intellectual property, the company has filed several patents. Currently, the company has either filed or is in the process of filing ten patents, and certain design patents have already been registered in jurisdictions outside of the U.S. Disclaimer
Axial Vector Energy Corporation Blog
Axial Vector Energy Corporation News:
Axial Vector Energy Corp. Receives Application Approval for Prestigious Zayed Future Energy Award
Axial Vector Energy Corp. Initiates Stock BuyBack Program
Axial Vector Energy Corp. to Be Featured in Small Cap Stock Newsletter QualityStocks Daily
eDOORWAYS Corporation (EDWY)
The QualityStocks Daily Newsletter would like to spotlight eDOORWAYS Corporation (EDWY) Today, eDOORWAYS Corp. closed trading at $0.01, which was up 11.11 percent. Their volume today was 972,900 shares. Their 3-month average volume is 115,095 shares. Their 52-week range is $0.01 to $7.00.
The eDOORWAYS Corporation continues to work diligently building trust and confidence amongst their shareholders and prospective subscribers. This effort is made evident by a series of support and educational channels now being offered by the company. eDOORWAYS reports that during the next few months leading up to their launch, the company will dedicate itself to rolling out an educational and support plan essential to developing and maintaining its customer and shareholder base. This includes interviews with the eDOORWAYS platform developer speakTECH, online virtual video tours, message boards, blogs, collateral material, and more.
eDOORWAYS Corporation is aggressively pursuing their plan to turn social networking into a profitable enterprise. The company sees themselves as being much more agile than current industry leaders primarily because their eDOORWAYS platform is not limited to the walled-in designs that other social network sites are locked into. There is constant striving in the industry to find optimum ways to generate significant revenues beyond selling ad space. eDOORWAYS sees social networking differently and targets the market from an entirely different perspective. “We're using social networking to focus on realities that are part of life's everyday experience – our effort to fulfill daily needs, and the action we all must take through commerce to meet them … especially in today's economic climate,” said Gary F. Kimmons, CEO of eDOORWAYS.
eDOORWAYS Corporation (FKA) M Power Entertainment Inc. recently enacted a name change in order to better reflect their new course of business. eDOORWAYS Corporation's new business plan is aimed at the rapidly developing social networking Internet service market. eDOORWAYS Corporation will now purse its new business plan, which is focused on the rapidly developing social networking Internet service market. eDOORWAYS has positioned itself to revolutionize the world of social-networking, by offering a space for users that not only rewards but encourages the activities that strengthen and fertilize local, regional and global production.
eDOORWAYS Corporation offers an innovative web-based consumer problem solving gateway, which offers lifestyle, online business, solutions providers, experts, recommendations, goods, services. The concept gives eDOORWAYS audience the ability to harness the power of mass collaboration in one convenient location, along with useful expertise, direct support, saleable audience stickiness and a sustainable commons-focused culture.
eDOORWAYS Corporation brand driver – “ You, and the Power of the World” , primary initiative is to empower all web users. The company believes that within a rapidly evolving technological and social society, the eDOORWAYS' brand will be extremely influential in the empowerment of individuals and businesses, both on a local and global context.
eDOORWAYS Corporation is committed to solving lifestyle problems for consumers while driving traffic to suppliers and service providers who offer innovative merchandise and solutions. The company has the potential to completely change the future landscape of business by offering a unique and comprehensive service that saves consumers valuable time and money. By uniting a consumer with the larger global consumer community, retailers, and manufacturers in an effective new way, eDOORWAYS promotes “dynamic” commerce, as opposed to the static model currently in existence. Disclaimer
eDOORWAYS Corporation Blog
eDOORWAYS Corporation News:
eDOORWAYS Announces Launch Date Count Down Fuels Educational & Support Plan Targeted At Strengthening Shareholder and Subscriber Muscle
eDOORWAYS - Turning Social Networking Into Positive Cash Flow
eDOORWAYS, America's Trusted Lifestyle Partner, Schedules Portal Launch This Summer/Fall
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