Archive for January, 2009

GreenGold Ray Energies Inc. (GRYE.PK) is “One to Watch”

Friday, January 30th, 2009

GreenGold Ray Energies Inc. is a biodiesel, green technology, and alternative energy company. The Company has their U.S. office in Corpus Christi, Texas, as well as an office in Northern Mindanao, Republic of the Philippines. GreenGold Ray Energies acquired large parcels of land ideal for the cultivation of the Jatropha plant. Jatropha curcas grows almost anywhere, and Jatropha oil can be processed to produce a high-quality biodiesel. This biodiesel can be used in a standard diesel car. In addition, the residue can be processed into biomass to power electricity plants.

GreenGold Ray Energies Inc. is searching the Philippine Archipelago and other countries for opportunities to produce, market, and utilize renewable energy products such as bio fuels. In February 2008, the Company planted their first jatropha seedlings. This was on the 300 hectares of farmland in the island of Batan, province of Albay, South East of Luzon Island in the Philippine’s. The Company estimates the first harvesting season to begin this spring. Prime jatropha plantations are on the island of Mindanao. The Company has over 30,000 hectares of land confirmed for their jatropha plantations expansion.

GreenGold Ray Energies’ mission is to collaborate with the Philippines and the U.S.A. Government’s Energy Sectors, and local host communities, to acquire farmland for plantations and processing facilities of alternative energy products. The Company is working to create orderly and sustainable jobs in fiscally poor host communities. They are working to do this via the cultivation and production of their Jatropha biofuels.

On January 20, 2009, the Company said their theme “Fueling the Future” is the ultimate objective, to help make the world safe to live by leading in the production of acceptable clean fuel. They said their Jatropha oil product is the viable alternative answer to the use of hazardous gasoline additives and/or oxygenates. The Jatropha Oil Biodiesel has been tested in the aviation industry among others.

The Jatropha Oil Biodiesel was recently used by Air New Zealand in a successful test flight of a 50/50 mix of Jatropha and jet fuel oil last December 30, 2008. Earlier this month, Continental Airlines tested the use of Jatropha oil to power their new jet. GreenGold is currently fast tracking the expansion of their Jatropha cultivation and production industry into the U.S.A. This is in response to President Obama’s immediate creation and development of clean energy and alternative energy production.

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Visualant, Inc. (VSUL.OB) Recent Licensing Agreement with RatLab LLC

Friday, January 30th, 2009

Earlier this month, Visualant announced that it executed its first commercial licensing agreement with RatLab LLC of Seattle, WA. The fields of use include medical diagnostic, agricultural, environmental applications and germology.

Dr. Tom Furness, RatLab LLC founder and manager said, “Our first focus will be medical diagnostics. The Visualant technology provides a means for non-invasive diagnostics of the human condition. We believe color, at the photon level, is nature’s ultimate identifier.”

The news is significant as it shows the company’s technology can be used for much more than just homeland security, anti-counterfeiting, forgery/fraud prevention, and brand protection. We will be keeping close watch as Visualant identifies other ways to capitalize upon extensive business opportunities with its unique technology.

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Convergence Technologies Group Inc. (CNVC.PK) is “One to Watch”

Friday, January 30th, 2009

Convergence Technologies Group Inc. provides management consulting and advisory, public relations/investor relations, and capital services. The company founded their business on the principal that micro-cap publicly traded companies are faced with running the business of the operating company, and the business of the public company. Convergence Technology Group Inc. assists enterprises with the latter.

As management consultants, their goal is to address a particular set of challenges that public companies face, and in particular, micro-cap companies. They work to provide their client companies with the tools and support to effectively address these challenges. They provide administrative and consulting support to help companies keep their costs in line while preparing them to access the capital markets. This is through private means or through a public offering. Convergence Technologies Group Inc, as an Advisory Management Consulting Firm, focuses on educating management about their enterprise specific functions. They also focus on helping management understand the intricacies and nuances of the junior capital markets where they trade.

Through their public relations/investor relations, Convergence Technologies Group Inc. provides micro-cap public companies with a full suite of services under the umbrella of Emerging Issuer. They designed their specifically for public companies to deliver their message in an internet TV environment and then get the word out to the investment community. Emerging Issuer finds companies for their investors to review. They also help to build market awareness and visibility.

For capital services, the Company’s Merchant Asset Management Group helps companies achieve their goals by introducing them to the capital they need to build long-term shareholder equity. They utilize the resources they have developed to bring quality investment banking services to micro-cap companies. They offer a family of Capital Services. These include financial advisory services related to mergers, acquisitions, restructuring, and recapitalizations.

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Hunt Gold Corp. (HGLC.PK) Updates Shareholders on Status of Upcoming Dividend

Friday, January 30th, 2009

Today, Hunt Gold Corp. updated the investment community regarding the distribution of all of the shares in Independence Strategic Minerals, Inc. Common Stock received from the sale of its “Molybdenum” interests held through its subsidiary company, American Molygold Corp.

According to the press release, shareholders will be told the “Record Date” and “Pay Date” of this stock dividend on February 5, 2009. The distribution is anticipated to take place next month. Investors holding stock at the “Record Date” will be eligible for this Stock Dividend.

The sale amount of US$620 million will be settled in restricted shares of Common Stock of a USA quoted Company focused solely on the business of Molybdenum and on the Exploration and Mining of Rare Earths. This Company is currently being renamed to Independence Strategic Minerals, Inc.

The Company also assured investors that it has not increased its number of outstanding shares of Common Stock and all previously published valuations in respect of this Dividend have not changed.

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China Voice Holding Corp. (CHVC.PK) Strengthens Cash Position through Divestment of U.S. Operating Subsidiaries

Friday, January 30th, 2009

China Voice Holding Corp. announced that it will receive $10 million in cash over the next two years as well as receive up to 21 million shares of FLTT valued at approximately $8 million in exchange for its U.S. operating subsidiaries and 15,000,000 shares of CHVC common stock. The transaction provides China Voice with additional capital to take advantage of synergistic opportunities in China. The company intends to continue to maintain offices in the United States and will retain most of their key Executives and Board of Directors.

China Voice President and CEO, Bill Burbank said, “This cash and stock transaction provides capital resources to fund our move onto a new trading exchange and beyond as well as additional funds for software development to support the Company’s current and new China Unicom cellular opportunities in China. While this transaction reduces most of CHVC’s current sales revenue, it will however enable the Company to streamline its global operations and eliminate much of the associated costs in the U.S. With the immediate and additional investment into China, CHVC expects to quickly ramp sales and to be profitable by mid-2009.”

“The Flint Telecom Group is a well funded company with plans to move to the American Stock Exchange, now called the NYSE Alternext Exchange. Flint’s telecommunications network, technology and enhanced services platform allow Flint to produce various products and services which will generate higher profit margins than CHVC was able to achieve with its U.S. operations. The transaction is a true ‘win-win’ for both companies. We also expect to realize substantial future growth in our investment in Flint,” he continued.

Commenting on the opportunity in China, Burbank stated, “China is about the only economy on the planet with both short and long-term growth potential. With a population of 1.3 billion, the Chinese telecommunications market is the largest and fastest growing in the world and currently has the largest number of broadband subscribers, VoIP users, fixed line and mobile subscriber base. China’s telecom market is now growing at an annual rate of 17%, almost twice the pace of overall economic growth according to Ministry of Information Industry of China.

“We have spent years developing our technology, services, relationships and supporting infrastructure, and now it is time to dedicate all of our resources to China, which will significantly speed up our success in this region. In addition, now that our Form 10 has become effective, when we advance to a more recognized trading market, we will be in a much better position to acquire additional synergistic companies in China,” he concluded.

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Vital Products, Inc. (VTLP.OB) Announces Potential Multimillion Order of Bio-Based Packaging

Friday, January 30th, 2009

Earlier this week, Vital Products, Inc. (OTCBB: VTLP) announced that it has received its first order for its Bio-Based foam in place packaging product. Today, the company announced it has received a second purchase order for the innovative foam packaging product from a $140 million North American manufacturer and distributor.

Vital Products CEO Michael Levine commented, “This is the culmination of two years of research and now the market is responding with purchase orders. The current purchase order comes from a major North American manufacturer and distributor of industrial packaging material with annual sales of more than $140 million. This customer is a serious player in this market, with five manufacturing or distribution centers across North America.”

Mr. Levine added, “These two purchase orders certainly validate our product and the move to GREEN product lines. This is a major step in Vital achieving its $20 million sales projection, we have received purchase orders from two of the four companies that we visited and continue working with the others as they complete their product analysis over the next few weeks to move our products through their distribution as well.”

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CE Franklin Ltd. (AMEX: CFK) Q4 Earnings Increase Over 250%

Friday, January 30th, 2009

Yesterday, CE FRANKLIN LTD. reported record net income of $8.8 million, $0.48 per share (basic), for the quarter ended December 31, 2008. During the fourth quarter of 2007, the company reported net income of $2.4 million, or $0.13 per share. For the full year of 2008, net income was $21.7 million, $1.19 per share (basic), an increase of 60% vs. the $13.6 million, $0.74 per share, of net income earned in 2007.

Michael West, President and CEO, commented, “2008 was the second most profitable year in the Company’s history. CE Franklin is entering a challenging business environment in 2009 with a strong balance sheet and attractive strategies to strengthen its distribution network, product lines and end use markets.”

CE Franklin is focused on distributing pipe, valves, flanges, fittings, production equipment, tubular products and other general industrial supplies primarily to the Canadian oil and gas industry through its 44 branches that serve oil and gas fields of the western Canadian sedimentary basin. The company also distributes similar products to the oil sands, refining, and petrochemical industries and non-oilfield related industries such as forestry and mining.

The company acknowledged the turbulence in the global credit market and its effect on the oil and gas markets. While their customers assess the impact of these changes on their businesses and capital expenditure plans in 2009, CE Franklin expects oil and gas well completions will decline significantly to levels not seen since 2002. However, the company remains confident that it can continue to improve the profitability of its distribution network over the medium to longer term.

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National CineMedia, Inc. (NCMI) Reiterates 2008 Guidance, Provides 2009 Outlook and Announces Dividend

Friday, January 30th, 2009

Yesterday after the closing bell, National CineMedia, Inc. announced that it has updated its full year 2008 guidance and provided its outlook for the current year. The company anticipates its full year 2008 results to be at the high end or slightly surpass its previous full year 2008 guidance for total revenue of $364 – $368 million and Adjusted OIBDA of $184 – $187 million.

For the current year, the company predicts total revenue will be a little higher than its 2008 guidance range, but Adjusted OIBDA to be about level with its 2008 guidance range, as margins are anticipated to be slightly lower, mainly as a result of the reduction in high margin beverage revenue.

The company also announced that its Board of Directors has authorized the company’s fourth quarter cash dividend of $0.16 per share of common stock. The dividend will be paid on April 2, 2009 to stockholders of record on March 19, 2009. National CineMedia intends to pay a regular quarterly dividend for the foreseeable future at the discretion of the Board of Directors dependent on available cash, anticipated cash needs, overall financial condition, future prospects for earnings and cash flows in addition to other relevant factors.

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Investors Cheer Ariba, Inc. (ARBA) FY Q1 2009 Financial Results

Friday, January 30th, 2009

Ariba, Inc.’s shares are currently trading at $7.80, up nearly 14% from yesterday’s close, after the company announced its results for the first quarter of fiscal year 2009 ended December 31, 2008.

Bob Calderoni, Chairman and CEO, Ariba, stated, “I am pleased with our performance this quarter. We increased our subscription software revenues over 70% and significantly increased our non-GAAP net income year-over-year in the face of a very challenging macro-economic environment. This reflects how customers are increasingly using Ariba’s spend management solutions to reduce their operating costs and better manage their working capital.”

Total GAAP revenues for the quarter were $86.1 million vs. $77.0 million for the first quarter of fiscal year 2008. Total cash, cash equivalents, long-term investments and restricted cash totaled at $143 million as of December 31, 2008, up $6 million from September 30, 2008. Net cash flow from operations for FY Q1 2009 was $10.8 million, as compared to $1.2 million for the same period in the previous year.

During the quarter, more than 200 companies of all sizes purchased the company’s solutions to drive their spend management strategies, including: Aquanima S.A., AstraZeneca US, Automatic Data Processing, Inc., Bon Ton Stores, Inc., Children’s Medical Center of Dallas, Citigroup, Inc., Diebold Incorporated, Husky Injection Molding Systems Ltd., The Neiman Marcus Group, Inc., Royal Philips Electronics N.V., Telefonica, S.A., and Zurich Financial Services. Ariba also added 27 new customers and closed 15 transactions worth over $1 million, including 6 software deals.

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Hunt Gold Corp. (HGLC.PK) to Commence a Nonstop Drilling Campaign; Updates Investors on Exploration Progress

Friday, January 30th, 2009

Today before the opening bell, Hunt Gold provided investors with a comprehensive update on its 2009 exploration program. The company plans to continue drilling operations throughout the year to expand its gold resource and advance its gold properties towards production. According the press release, announcement of assay results will be regular and periodic as an ongoing part of business.

The company emphasized that it is extremely well funded and has the capability to do whatever is necessary to move its projects ahead. This is in sharp contrast to other mining companies that often encounter funding difficulties. Hunt Gold intends to conduct exploration on all of its gold properties during 2009, primarily at but not limited to “Golden Eagle,” “Ambassador,” “Venezia,” “Starlight” and “American Flag,” as well the continued “fast track” exploration taking place at the Company’s “Mockingbird” Gold Project.

The company’s fast pace of exploration work at the Mockingbird Gold Project in Arizona is ongoing. Project Geologist Ed Huskinson and a geotechnician are completing the splitting and logging of the drill cores from the final two holes of the recent drill campaign. They are anticipated to finish their work by the end of the day and the samples will be shipped to the independent assay laboratory.

The Company is currently obtaining bids from at least two drilling companies for its next Mockingbird drill campaign, which is planned to begin by the end of February. One of the drill companies will be visiting the site next week. The present intent is to use a track-mounted or rubber tire (buggy) rig capable of reverse circulation (RC) drilling. RC drilling is much more economical on a per foot basis than core drilling and will permit the next drill campaign to dramatically increase the footage drilled. Using such a rig minimizes the need to construct drill roads, eliminating environmental disturbance and greatly reducing BLM bonding requirements.

Next week, Project Geologist Ed Huskinson will commence a comprehensive reconnaissance sampling program at Hunt Gold’s “Mockingbird” Gold property. Many additional mineralized areas were discovered during the recent drill campaign, and this program will inventory and sample the surface outcrops in a meticulous manner. During the following two weeks, soil geochemical samples will be taken on a 200 foot grid over priority areas, most notably the 56 recently staked claims in the former Anaconda project area. Geochemical results will be posted onto a map and contoured to pinpoint “bulls-eye” targets for the next phase of drilling.

Hunt Gold Corporation’s CEO, Mike Saner stated, “Hunt Gold Corporation’s exploration program at its ‘Mockingbird’ Gold Project is expanding as we continue to learn new things about this exciting gold property. Exploration will be done in a systematic way in order to maximize ‘Mockingbird’s’ potential for
Hunt Gold Corporation and its shareholders.”

He added, “The new policy of nonstop but systematic drilling was expected to significantly add to the Company’s Gold Resources and given the return of the Gold Price to a price in excess of US$900/oz; the Company’s valuation would continue to escalate rapidly.”

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Seeing the Bigger Picture – Putting the Potential Value of “Spider Silk” Technology into Perspective

Friday, January 30th, 2009

While naturally produced spider silk has long been understood to have a superior level of tensile strength, research institutions and companies alike are seemingly on the verge of attaining the ability to harness this technology and apply it to various fields of endeavor. Sure, the idea of using such spider silk to swing from one building to another might be attractive to a certain comic book superhero fan club. In reality, however, the utility of this “packaged spider silk” could virtually spread across multiple, disparate applications in both governmental and commercial sectors. This concept of application versatility truly showcases this technology’s remarkable value for growth in the not-so-distant future.

Take Velcro back in the 1940’s, for example. This “zipperless zipper” idea came to a Swiss engineer named George de Mestra after witnessing seeds continually latching onto his clothes and his dog’s fur. In time, NASA was using it onboard their shuttles in both astronaut spacesuits and on-the-wall supply fasteners. After soon being incorporated in an array of leisure applications including skiing, surfing, and SCUBA, it further became utilized in nuclear power plants, automobiles, army tanks, combat uniforms, and footwear.

A packaged spider silk product would represent the same universal applicability as Velcro, thereby covering a vast array of commercialization areas. In terms of government utility, this spider silk can be used in ballistic armor and cables on board aircraft carriers. In terms of health-based utility, this material can be used in the creation of artificial ligaments or tendons as well as in the improvement of bandages and surgical thread. Further utility is foreseeable in the production of a number of commercial applications including lightweight clothing, fishing lines, seat belts, high strength cables, parachutes, biodegradable bottles, just to name a few.

Qualitystocks has identified the major players in this emerging industry which includes smaller companies represented by Kraig Biocraft Laboratories Inc (KBLB.OB), Angiotech International, Nexia Biotechnologies, and Oxford Biomaterials as well as the chemical giant, Dupont. Government organizations, consisting of the US Army, US Air Force, and the National Science Foundation, have also been actively funding spider silk research programs including Tufts University, Massachusetts Institute of Technology, and the University of California at Santa Barbara.

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Visualant Inc. (VSUL.OB) Backed by a Solid Team of Seasoned Professionals

Thursday, January 29th, 2009

Chairman of the Board Ronald Erickson has over 25 years of experience in the high technology, telecommunications and micro-computer industries. In addition to his service to Visualant, he is the current Chair, and former CEO of eCharge, an electronic payment systems developer, where he played a key role in raising approximately US$100 million in equity capital from major international investors. Mr. Erickson was also co-founder, Chairman, President and CEO of GlobalTel Resources, Inc., a provider of telecommunications services, messaging and intranet solutions, and has held executive positions at Egghead Software Inc, NBI Inc, and MicroRim, Inc.

President and CEO Bradley E. Sparks brings more than three decades of expertise in the high-tech and related industries. He has experience guiding high-tech startup companies through IPO’s and has served in senior financial positions for major public companies. Previous to Visualant, Mr. Sparks was the CFO of WatchGuard Technologies, Inc. which was recently acquired by a private equity group. Prior to that position, he served as CFO for several telecommunications and high-tech companies, including Omnipoint Corp., Digex, Inc., eSpire Communications, and WAM!NET.

Serving on the Board of Directors, Dr. Masahiro Kawahata, Ph.D. is the former Director of the Fujitsu Research Institute. He is known in Japan as “the father of multimedia” for his work as National Program Director in developing the nationwide fiber optic network. The U.S. Government has officially acknowledged him as “Non-U.S. Scientist of Extraordinary Ability”. Dr. Kawahata previously served as a Director of numerous technology companies, and has received several prestigious awards in the U.S. and Japan.

Jon Pepper, also serving on the Board of Directors, is the co-founder of Pepcom, a company focused on producing press-only technology showcase events around the country. He also started the DigitalFocus newsletter, a ground-breaking newsletter on digital imaging that went to leading influencers worldwide. Pepper was formerly a well-regarded journalist and columnist with his work on technology subjects appearing in The New York Times, Fortune, PC Magazine, Men’s Journal, Working Woman, PC Week, Popular Science and many other well known publications.

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Murphy Analytics Initiates Coverage on Document Capture Technologies, Inc. (DCMT.OB)

Thursday, January 29th, 2009

Document Capture Technologies, Inc. (DCMT) is focused on the design, development, manufacturing, and sale of USB powered mobile page-fed document capture solutions. The company’s vertical integration and innovative proprietary software development kits (SDK’s) allow for a broad range of applications, faster time-to-market and ease of integration.

DCMT sells its products through a network of over 45 independent distributors and channel partners located primarily in North America but also in Europe and Asia. These distribution partners not only serve as a sales force for the company, but also provide marketing communications and technical support. To date, the company and its licensees have shipped more than 3 million scanners.

CEO David P. Clark previously held executive-level positions with both private and publicly traded companies over the past 18 years, including President of Nautical Vision, Inc., President and CEO of, and President of Distribution/Director at Take 2 Interactive. He also served in business development, corporate finance, and sales and marketing at Inventory Management Systems, Inc., Creative Alliance Group, Sony, Acclaim Entertainment, and Phillips Sales, Inc.

DCMT’s new management team has been able to strengthen the balance sheet, complete a strategic buyout of over 50% of the shares held by the former near-majority owner, maintain strong cash flow and EBITDA, and expand the company’s key partner relationships and market opportunities. Based on the belief that the company will generate $16.8 million in revenues during the current year and deliver net income of $0.10 per share, Murphy Analytics has issued a 12-month price target of $1.50.

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New Mexico Software, Inc. (NMXC.OB) Reports Tremendous Sales Growth for 2008, Predicts Stronger 2009

Thursday, January 29th, 2009

New Mexico Software today announced its preliminary financial results that indicate annual revenue in 2008 increased 62% to $1.6 million. Revenue for the fourth quarter totaled $679,000, up 174% from the same period in 2007. The company anticipates that its 2008 operating loss will decline by approximately 32-35% compared to 2007.

New Mexico Software CEO Dick Govatski stated, “Preliminary unaudited numbers show that 2008 was our strongest ever growth year. It appears we are on track to continue this trend into the first quarter of 2009 with revenue forecasted at or above $1,000,000. We anticipate overall revenue growth to continue throughout 2009 as compared to 2008.”

“Our Telerad Service, which started operations as a wholly owned subsidiary of New Mexico Software in May 2008, continues to grow almost daily. We have created a dedicated and proprietary software package called Telerad Info, which streamlines operations for the customer and radiologist, information, credentialing, licensing, scheduling, routing and training involved in running a teleradiology business. Telerad Info interfaces with our existing technologies to help automate otherwise time consuming tasks, allowing us to minimize costs.”

“Our other major operating unit, XR-Express, also is moving forward as we enter the mid-size hospital market with our FDA-cleared PACS (Picture Archiving and Communication System) product. We have further upgraded our software to provide for ongoing updates to our Quality Reporting System. We have completed tests with a regional hospital chain to handle a large volume of cases for their facilities.”

Govatski concluded, “In a related development, since the beginning of 2009, four of our 25 radiologists have taken equity positions in New Mexico Software, which we believe is a strong indicator of the confidence that they have in the future of our company.”

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Vital Products, Inc. (VTLP.OB) Announces First Order of Bio-Based Packaging

Thursday, January 29th, 2009

Vital Products, a distributor of industrial packaging products, recently announced that it has received an order to supply its Bio-Based foam in place packaging product.

Vital Products Chief Executive Officer Michael Levine commented, “This order is the first of many to come from one of the top four consumers of the foam in place market. Based on the response and the subsequent order we expect this to be the first of many from this customer for years to come.”

Levine added, “We expect to ship this order of our Bio-Based foam over the next few weeks. Initial projections based on our customer response suggest that by end of year the company could achieve sales in excess of $20 million.”

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OSI Systems, Inc. (OSIS) Announces Fiscal Q2 2009 Financial Results

Thursday, January 29th, 2009

Today before the opening bell, OSI Systems reported a successful second quarter and six months ended December 31, 2008. For the second quarter of fiscal 2009, the company announced revenues of $159.0 million and net income of 4.2 million; this compares to $164.2 million in revenues and $3.5 million in net income reported for the same period of the previous year.

Deepak Chopra, OSI Systems’ Chairman and CEO, stated, “Despite being the most challenging economic environment in decades, our financial results for the second quarter of fiscal 2009 continue to demonstrate the earnings-generating potential of our businesses. We significantly improved earnings, generated record free cash flow of $15.5 million and ended the quarter with a record backlog. These achievements are the direct result of our initiatives over the past two years to implement organizational changes that have reduced our cost structure and improve our overall operating efficiencies.”

For the second half of year 2008, the company generated cash flow from operations of $33.1 million, significantly higher than the $14.6 million reported for the first half of fiscal 2008. During the quarter ended December 31, 2008, OSI Systems repurchased 604,000 shares of its common stock for approximately $7.2 million.

OSI Systems anticipates fiscal 2009 sales to be comparable to fiscal 2008. However, the company expects earnings per diluted share to increase 10-25% due to their operational improvement initiatives and cost containment programs. The expectations exclude the impact of restructuring and other one-time charges.

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Artificial Life, Inc. (ALIF.OB) is “One to Watch”

Thursday, January 29th, 2009

Artificial Life, Inc. is a leading, full-service provider of mobile broadband 3G technology, mobile participation TV, mobile gaming, content and business applications. The company provides 2D and 3D rich-media applications for 3G, 3.5G and 4G network-enabled mobile phones. Recognized for their exceptional content quality and technology, Artificial Life goes beyond traditional modes of mobile communications and interactive gaming.

The company has inked major licensing deals with Paramount, Cartoon Network, Warner Bros, STAR TV, FC Bayern München, Red Bull, Klitschko brothers, Lionel Andres Messi and Tokio Hotel. Artificial Life has received numerous international awards including the “Global Best Mobile Game Award” by Ericsson and the “Best Mobile Entertainment Software Award” by Hong Kong Digital Entertainment Association. Currently, the company is selling through more than 1,000 active channels of resellers and carriers around the world.

Dr. Windsor Holden, Principal Analyst at Juniper Research, believes the increasing popularity of casual gaming and wide variety of gaming-friendly handsets offering high quality 3D graphics will push end-user generated revenues from mobile games to nearly $10 billion by the end of this year. Total global revenues from mobile games are forecasted to reach $56.9 billion by 2011, with Asia Pacific contributing 38%, Europe 31%, North America 22% and the other 9% split between South America and the rest of the world.

In recent news, Artificial Life announced that it has plans to release at least 12 new iPhone products in 2009. The company’s first iPhone game, Amateur Surgeon, was one of the top selling games in the Apple App Store last month. Continue to watch this company as its portfolio of games and business applications grows and the mobile gaming market reaches new heights.

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QualityStocks Surpasses 15,000 Friends on MySpace

Thursday, January 29th, 2009

We are very excited to announce that we now have more than 15,000 friends on MySpace! We have made many interesting and prominent friends along the way including Bill Maher, Hillary Clinton, Jim Cramer, Larry King and the stock guru Warren Buffet.

In our short time at MySpace, we have received many positive comments and people expressing a sincere interest in our business. We will continue to expand our presence there and make new relationships as well as grow the relationships we have currently made.

To view our MySpace profile and add us as one of your friends, please visit:

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Axial Vector Energy Corp.’s (AXVC.PK) New Subsidiary is Focused on Making Acquisitions

Thursday, January 29th, 2009

Several months ago, Axial Vector Energy Corp. announced that it has formed a wholly-owned subsidiary, AVEC Strategic Acquisitions Corp. The new company will be led by Mr. Sanjai Chhaunker, President and CEO of Axial Vector. He will be working alongside Mr. Behzad Khakouei, Director of Strategic planning.

Mr. Chhaunker, stated, “Our strategic plan calls for acquiring businesses that complement our core technology and allow our revenue stream to grow more rapidly. With the proper structure and financing now in place, we will proceed to finalize our discussions on companies that we have researched and identified as strategic to our plans.”

“Now that we have our new CEO and the subsequent establishment of AVEC’s new subsidiary, we are now in a position to execute the deals that will propel AVEC to the forefront of clean, efficient energy suppliers,” commented Mr. Khakouei.

Continue to watch Axial Vector as its acquisition subsidiary seeks businesses that synergize with the company.

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Trio Gold Corp. (TGK.V) (TROOF.PK) is “One to Watch”

Wednesday, January 28th, 2009

Trio Gold Corp., a Calgary-based junior mining company, is focused on exploring, analyzing, and evaluating precious mineral properties around the world. With interests including gold, silver, and copper, the company pursues world-class reserves and deposits with significant mining potential and market value.

Exploration is an uncharted adventure well known for its unlimited possibilities. Trio attempts to maximize this potential by keeping its eye on the horizon, and balancing growth with responsibility. Dedicated people and a focused sense of direction have kept the company on course for discovering and developing some of the world’s most promising metal and mineral prospects.

Trio holds a 100% interest in the Rodeo Creek property which is located at the north end of the famed “Carlin Trend” in Elko County, Nevada. The property consists of 29 contiguous mineral claims, covering an area of 547 acres, and is considered to have very high potential for the discovery of one or more gold deposits similar to those currently being mined elsewhere on the Carlin Trend.

The company believes its strength continues to be its people. From experienced geologists and geochemists to knowledgeable entrepreneurs and financial administrators, Trio has built a team of highly qualified people that ensure the research and assessment of each property is accurate and precise.

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Industrea Ltd. (IULTY.PK) (ASX: IDL) Lists its ADRs on International OTCQX

Wednesday, January 28th, 2009

Today, it was announced that Industrea Ltd. has listed its American Depositary Receipts (ADRs) on International OTCQX, effective immediately. OTCQX is a new market tier organized by Pink OTC Markets Inc. to help reputable issuers distinguish themselves from the rest of the over-the-counter market and provide credibility and visibility of disclosure to investors.

“Listing on OTCQX will provide Industrea with greater access to the U.S. capital market, increased U.S. investor visibility and an opportunity to diversify their shareholder base,” stated R. Cromwell Coulson, Chairman and CEO of Pink OTC Markets. “We welcome Industrea to our growing list of OTCQX issuers.”

Industrea’s Managing Director and CEO, Mr. Robin Levison, said, “We are very pleased to have opened a new channel to U.S. capital markets through our listing on OTCQX. The continued growth in our suite of mining products and services and our growing presence in overseas markets, particularly the large Chinese mining market, have seen an increased level of interest in Industrea from U.S. investors. The ability to provide those investors with a local U.S. market is a significant step forward for the company.”

U.S. investment bank Merriman Curhan Ford (NASDAQ: MERR) will serve as the company’s Principal American Liaison (“PAL”) on the International OTCQX. Stephen Nash, managing director and head of Merriman Curhan Ford’s OTCQX Advisory Group, stated, “We are pleased to sponsor Industrea and help them gain U.S. institutional investor visibility from our capital markets capabilities. Industrea represents Merriman’s eighth Australian company to list on OTCQX — the most out of any investment bank PAL.”

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Ascent Solar Technologies, Inc. (ASTI) Honored with Governor’s Excellence in Renewable Energy Award

Wednesday, January 28th, 2009

Today, Ascent Solar Technologies announced that it has received the 2008 Governor’s Excellence in Renewable Energy (GERE) Award for the Large Business category. This award is given to individuals, businesses, institutions and nonprofits that are advancing renewable energy in exceptional ways in Colorado.

Gov. Ritter stated, “Congratulations to Ascent Solar for their tremendous progress and innovation in advancing solar technologies. Colorado’s New Energy Economy is recognized as a leader thanks to Ascent Solar, which is helping to grow clean energy solutions and good jobs for our state and country.”

“Ascent Solar is extremely proud and honored to receive this prestigious award from Governor Ritter. Our team has worked very hard and faced many challenges over the years developing and expanding our business to create innovative solar products. Our goal is to bring our thin film solar products to the market as we commercialize our 1.5 MW line in Littleton and our 30 MW line under construction in Thornton,” commented Dr. Mohan Misra, Chairman and CEO of Ascent Solar.

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Worldwide Energy and Manufacturing USA, Inc. (WEMU.OB) Pursues NASDAQ Status

Wednesday, January 28th, 2009

Worldwide Energy and Manufacturing USA, Inc., a U.S.-based China manufacturer focused on manufacturing and distributing solar modules in the commercial sector, this morning announced that it has applied to have its common stock listed on the NASDAQ Capital Market.

CEO Jimmy Wang commented, “We have worked very hard over the last four years to put our company in a position to qualify for a NASDAQ listing. Our contract manufacturing division and our solar division are experiencing double- and triple-digit earnings and revenue growth, respectively. We have spent considerable time meeting with officials at the NASDAQ over the last 12 months, and we strongly believe this is the right time to take this significant step and apply for a listing on the NASDAQ.”

He added, “We also believe that a listing on NASDAQ will make it less difficult for retail brokers to build long-term positions in our stock and thus will contribute to producing more liquidity in the stock.”

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Hunt Gold Corp. (HGLC.PK) New Chairman Brings a Lifetime of Experience and Expertise

Wednesday, January 28th, 2009

Recently, Hunt Gold Corp. appointed Frederick J J Blaauw as its Non Executive Chairman. Earning his B.Sc in Mining Engineering from the University of the Witwatersrand in South Africa, he has served at the highest Managerial Level of many of the world’s foremost mining companies, and has written a number of mining publications.

Mr. Blaauw has been extensively involved in Consulting Projects, and was a Principal and Co-Founder of Resources International which provided more than $650 million in funding to mining projects. He brings a huge wealth of knowledge, connections, experience and skills to Hunt Gold. Commenting on Mr. Blaauw’s appointment, CEO Mike Saner stated that he is delighted to have such a strong and experienced mining team to take the company into its next phase.

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Enterprise Oilfield Group, Inc. (TSX: E) Offers a Comprehensive Array of Services

Wednesday, January 28th, 2009

With a fleet of over 260 trucks and heavy-duty units, Enterprise Oilfield Group is capable of building pipelines, facilities and installing underground utilities anywhere in Northern and Central Alberta. The company works with both the oil & gas and utility markets, with the majority of projects in pipeline construction and the minority in underground utility installation.

Enterprise specializes in small to medium diameter pipeline construction and maintenance projects primarily on steel gathering system pipe under 12″ in diameter. With pipeline construction operations based in Slave Lake, Peace River, and Wainwright, Alberta, the company offers: Pipeline construction, Pipeline repair and maintenance, Facilities construction and maintenance, Directional drilling and large diameter tunneling, Well head tie-ins, CO2 and water injection projects, as well as road and lease construction.

Utilizing its fully integrated heavy haul trucking division, Enterprise can meet its own transportation and logistics needs for materials, equipment and finished product deliveries. The company’s trucking division has the capabilities to haul equipment, pipe, tanks and over dimensional freight (pipe of up to 50′ lengths). The Fleet currently consists of 10 Tractor Units, including a tri-drive picker tracker and numerous Trailers.

The company also offers a full array of other services, including: Welding, Hot fusion services for all diameters of JDPE pipe, Well-site modification, Processing facility construction, Integrity services, Hydro-testing, Gathering systems, Pipe Rotations, Change-outs (Removal and Replacement), Field Hard Surface Overlay, Pipe Wear Monitoring, “Smart” pigging services, Remediation, Hydro-excavation, Flexible Labour Pool, Loading and offloading, Inventory control, Marshalling, Double jointing, Bending, Beveling, and Coating.

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