Tuesday, November 30, 2010

Advanced Cell Technology (ACTC.OB) Looking to Make History Again

It was only eight days ago that Advanced Cell Technology (“ACT”) announced that they have been granted U.S. Food and Drug Administration approval to proceed with human studies in Phase I/II clinical trials to treat Stargardt’s Disease, a form of juvenile macular degeneration, using human embryonic stem cell (hESC) derived retinal pigment epithelial cells (RPE). This in itself was a history making moment as this approval was only the second approval ever granted by the FDA for clinical trials with embryonic stem cells.

The management of Advanced Cell Technology is now looking to broaden their footprint in the industry and usher in a new age of medical therapies as today it was announced that the Company has filed an Investigational New Drug (IND) Application with the FDA to initiate a Phase I/II multicenter study using hESC RPE cells to treat patients with Dry Age-Related Macular Degeneration (“Dry AMD” or “central geographic atrophy”). Using these same technologies is an efficient move by the management of ACT as it should help expedite the decision-making process with the FDA as this approach in research is the same that was recently approved for the Stargardt’s clinical trials.

While Stargardt’s is a devastating disease, dry AMD is found far more frequently, effecting more than 30 million people worldwide with nearly half of those affected being Americans. Statistics show that nearly 10% of all people aged 66 to 74 will experience some form of macular degeneration, with the percentage increasing to 30% in people 75 to 85 years of age. The disease occurs when the photoreceptors in the macula begin to break down, an irreversible process at this point. Blindness often results over time as the macula slowly loses all function over time. Research has shown that the loss of photoreceptors is a direct result of earlier degeneration of the RPE layer of cells located just below the retina.

Much like the Stargardt’s clinical trials, the Phase I/II trial will be a prospective, open-label study that is designed to determine the safety and tolerability of the RPE cells following sub-retinal transplantation to patients with Dry AMD. A total of 12 patients will be enrolled in the study at multiple clinical sites. The sites which are currently under consideration are the Jules Stein Eye Institute at UCLA; the Ophthalmology Department at Stanford University School of Medicine; and the Edward S. Harness Eye Institute at Columbia University College of Physicians and Surgeons. Additional sites may be considered.

The market potential for these therapies, especially Dry AMD because of its prevalence, is enormous. Approximately 85 to 90 percent of all patients suffering from advanced AMD suffer from the Dry form, which correlates to approximately $25 to $30 billion in market space. As debilitating as the diseases are, there are no FDA-approved treatments for Dry AMD or Stargardt’s available on the market today. Perhaps even more importantly, pre-clinical research has showed extremely promising results for the ACT technologies as a bona fide therapy to treat the diseases.

Dr. Robert Lanza, Chief Scientific Officer for ACT, commented, “We can generate a virtually unlimited supply of healthy RPE cells.” Dr. Lanza continued, “In our animal studies, we observed significant improvement in visual performance over untreated animals, and did not find any adverse effects of the injection of RPE cells. In extending our studies to human patients, it is our hope that we will show that the injected RPE cells will rescue photoreceptors and slow, if not stop, the progression of macular degeneration.”

More information on Advanced Cell Technology and its groundbreaking research can be found on the Company’s website at www.advancedcell.com

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Yamana Gold Inc. (AUY) Issues Exploration Update on South American Properties

Yamana Gold Inc. issued an update on its exploration activities at five of its South American mining properties where the company is prospecting for gold.

Expanding exploration efforts at the Mercedes Project, Yamana Gold Inc. has achieved successful results at the Lagunas and Diluvio zones. The Mercedes Project is under construction and first production from the project is expected in 2012.

Yamana Gold Inc. is in the process of permitting the Pilar Project, a gold mining operation located in Goias, Brazil. The company has found three mineralized areas here and expects production to begin in 2013.

Yamana Gold Inc. also operates the Fazenda Brasileiro mine, located in Brazil. The mine currently produces as much as 80,000 ounces of gold annually, and the company recently confirmed the expansion of the Lagoa do Gato and CLX2 deposit zones at the site.

Yamana Gold Inc. owns the El Penon mine and produces approximately 400,000 ounces of gold annually from this mine. The company recently discovered the Pampa Augusta Victoria gold vein near this mining operation.

Yamana Gold Inc. also owns the Jacobina mining operation located in Brazil. Jacobina produces approximately 100,000 ounces of gold annually. The company recently found more extensive mineralization at the Canavieras and Morro do Vento zones.

For more information on the company, go to www.yamana.com

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IDO Security, Inc. (IDOI.OB) Answers the Call for Safer and Less Invasive Security Screening Methods

IDO Security, Inc. continues to market its patented shoe scanning device across the globe as the cries for more efficient and less invasive security screening methods continue to escalate. The company’s technology not only provides a safe and secure shoes-on weapons metal detection solution that can be easily implemented to existing screening devices, but also provides a system that is comfortable and convenient for travelers.

“There has been an endless outcry from the public with regards to the new pat-down and full body scan procedures that have been implemented by TSA at the airports as well as pleas by the head of the TSA asking travelers for their patience and cooperation as we head into one of the busiest travel seasons,” recently stated President and CEO of IDO Security, Michael Goldberg. “We continue to reach out to officials across the world with urgency to act on this outcry and provide travelers an increased security presence while also giving them sense of privacy and comfort at a time where security threats are at their highest.”

IDO Security patented shoe scanning device offers a convenient step-on functionality that extends security screening and metal detection to include the ankles and feet, without requiring shoe removal. The company’s device has been used in such establishments as airports, seaports, border crossings, courthouses, prisons, and even at schools and sporting events in stadiums.

Today it seems terrorism is a daily occurrence, affecting someone, somewhere around the world. Although increased security measures are more necessary than ever before, the issue can be dealt with in a far less intrusive manner. IDO Security offers a unique solution to address security concerns while simultaneously improving the traveling experience.

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Sprint Nextel Corp. (S) Video Chart for Tuesday, November 30, 2010

S is showing signs of a possible move upward based on historical patterns. While not exactly the same setup as in the past, there are definite similarities which technical traders will not ignore. This video is a simple reminder to always take a look at what similar set-ups have done in the past.

To view the video chart, visit the following link: http://www.qualitystocks.net/videocharts.php

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Fuel Tech, Inc. (FTEK) Awarded Air Pollution Control Orders Totaling $4 Million

Fuel Tech Inc. is a world leader in advanced engineering solutions for the optimization of combustion systems and emissions control in utility and industrial applications. The company’s technologies enable customers to produce both energy and processed materials in a cost-effective and environmentally sustainable manner.

The company today announced receipt of air pollution control orders totaling $4 million. The largest of these orders was placed by a major US power producer. It was for nitrogen oxide (NOx) reduction projects on two coal-fired boilers. These projects will utilize Fuel Tech’s HERT High Energy Reagent Technology and NOxOUT Selective Non-Catalytic Reduction (SNCR) injection technologies.
Equipment deliveries for these projects are scheduled for the third quarter of 2011.

A second order was received for an ULTRA system on a gas-fired unit from a US municipal power plant. This technology provides for the safe and cost-effective on-site conversion of urea to ammonia for use as a reagent in the catalytic reduction of nitrogen oxide. It eliminates the hazards associated with the transport, storage and handling of aqueous ammonia. Equipment delivery is scheduled for the first quarter of 2011.

These orders are part of a larger alliance agreement which the company signed in March 2010. The agreement calls for the potential supply of SNCR systems and related services for multiple coal-fired generating units. The latest orders represent the eighth and ninth order so far for the SNCR system to be received by Fuel Tech since March.

For more information about Fuel Tech and its technologies, please visit the company’s website at www.ftek.com

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Falken Industries Ltd. (FLKI.OB) Announces Multi-Million Dollar Investment

Located in Trenton, New Jersey, Falken has earned a stellar reputation as a diversified conglomerate that operates in chemicals, wet wipe and biodegradable technology. Today, Falken took a major step towards prominence with the announcement of a multi-million dollar investment in enhanced and additional product lines.

The investments are motivated by increased demand and market share as well as a very favorable projection for the next two years. Included in the enhanced production lines is a new aerosol facility which is scheduled to be in full operation by the first half of 2012.

One of the leaders at Falken is Manuel Garcia-Faure who serves as the Communications Officer. When asked what this announcement means to the future of Falken, Garcia-Faure was quoted as saying, “We are expanding our production capacity and consolidating our position among the largest producers of impregnated wipes and specialty chemicals in the world. This is in line with our strategic plan which provides for growth and internationalization. In addition, we are confirming our vocation for investments in state-of-the-art technology, the continued financial strength of our company and foremost, the commitment to our shareholders.”

Currently, Falken Industries is trading in the $0.12 range. To learn more the company, visit its corporate website at www.falkenltd.com

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Gryphon Resources Inc. (GRYO.OB) Selects Expert Geologist to Head up Arizona Lithium Exploration

Gryphon Resources, www.gryphonresourcesinc.com – the established mineral exploration firm which is rapidly developing its sizeable Arizona holdings towards large-scale commercial lithium production, reported the appointment of an expert in regional geology, Nick Barr, as the Company’s project manager for its Arizona exploration efforts.

President and CEO of GRYO, Alan Muller, was clearly excited to make the announcement and praised Mr. Barr’s extensive knowledge of the region’s geology, characterizing him as the ideal candidate to head up the Company’s work on its 11 Arizona properties.

Personally located in the area, well networked into supplier resources and wielding an impressive 30-year track record in geological exploration of this nature, Nick Barr will lead GRYO’s exploration initiative by developing a comprehensive implementation plan.

The plan, Muller assured investors, would be exposed to further scrutiny in the days to come as Barr works out the preliminary details.

Nick Barr has an impressive pedigree of individual qualifications, running the gamut from first-hand drill operation to geotechnical analysis:

• Precious and base metal exploration work throughout North America
• Over four years in geotechnical investigation in structure foundations, slope stability and rock mechanics
• Has owned/operated a Simco 4000 track-mount drill and is an experienced exploration services crew manager
• Proficient in everything from claim staking to mobile metallic ion and biogeochemical sampling, permitting, reclamation and report preparation, soil characteristics, supervision of rotary, RC and core drilling, surface/underground mapping and target generation
• Co-author of some 7 SEC Industry Guide-compliant reports
• Abundant activity in brokering and evaluating mineral properties throughout the US
• B.S. in Geology, 1978, from Southern Oregon State University
In addition Mr. Barr has an impressive resume of former engagements:
• Lead project geologist, Sage Gold Inc’s Gold Hill Mine in Arizona, a 6100 ft core drilling program involving copious analysis and supervision of the program which targeted a high-grade, gold fissure vein system
• Managing field geologist, Rodinia Minerals/Ashworth Exploration, pioneered trace radon detection methods for this massive regional uranium exploration program covering Arizona and Utah, participated in claim staking/initial mapping in 2009 at Clayton Valley brine deposits
• Author of a comprehensive regional study of Southern Arizona’s silver-gold district, Cobre Valley Mineral Recovery United Mines Inc., serving as lead geologist in explorative efforts to present, advisory committee member and also performed detailed mapping of gold properties in Arizona’s Oro Blanco District
• Team geologist, Cambior Exploration USA, grass-roots gold exploration initiatives launched in Nevada, Arizona, Idaho and eastern Oregon

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True 2 Beauty (TRTB.PK) Targets High-Margin Growth Market

From an investment standpoint, there are few sectors as inviting as the fast growing sexual enhancement market. The potential markups, together with the sheer number of available customers, represents an almost unlimited revenue opportunity.

A case in point is True 2 Beauty, a California based producer of sexual potency products for both men and women. Expanding into markets around the world, the company’s Libigrow product is considered a Fast Moving Consumable Good (FMCG) 2, a low-cost product intended for purchase at regular intervals. Primarily, but not exclusively, targeting consumers in their 20s, the company’s products are distributed online through multiple websites. In addition, they’re building a distribution network via convenience stores, vitamin stores, independent grocers, adult boutique stores, liquor stores, and smoke shops, with the potential of moving into large retail chains. The plan is to build the distribution network through direct relationships, as well as master and wholesale distributors.

Important from a regulatory standpoint, Libigrow, the company’s flagship product, is promoted as being made from 100% natural ingredients, including:

• Cordyceps (mycelium) cordyceps sinensis
• Flat-Stem Milkvetch (seed) astragalus complanatus
• Chinese Dodder (seed) cuscuta chinensis
• Ligustrum (fruit) ligustrum lucidum
• Cnidium (fruit) cnidium monnieri
• Cherokee Rose (fruit) rosa laveigata
• Walnut (nut)
• Dong Quai (root) angelica sinensis
• Astragalus (root) astragalus membranaceus
• Schizandra (fruit) schisandra chinensis
• Korean Ginseng
• Vegetable Magnesium Stearate
• Water
• Vitamin B-6
• L-Arginine
• L-Lysine
• L-Glutamine

But its growth potential is based primarily on its intended benefits:

• Increased sexual desire and confidence
• More powerful erections
• Increased orgasm threshold and intensity
• Assistance with premature ejaculation

With the average American taking some form of dietary supplement every day to promote health and vitality, and the U.S. specialty retail channel for such sales on its way to an expected increase of over 40% from 2008 to 2017, the general sexual enhancement portion of the market is increasingly prominent on investment radar screens.

For more information on the company’s products, visit www.libigrow.com

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Fresenius Kabi Pharmaceuticals Holding Inc. (NASDAQ: APCVZ) Subsidiary Gets OK from FDA to Market Oncology Product

APP Pharmaceuticals Inc. is a wholly owned subsidiary of Fresenius Kabi Pharmaceuticals Holding Inc. focused on the development, manufacture and marketing of injectable pharmaceutical products for the oncology, anti-infective, anesthetic and critical care markets.

The company today announced it has received approval from the U.S. Food and Drug Administration (FDA) to market Topotecan for Injection. The company said it plans to launch the product immediately and anticipates expanding its position in the oncology arena.

Topotecan for Injection is indicated for use in small cell lung cancer sensitive disease when the first-line of chemotherapy has failed. It has also received clearance for use in combination therapy with Cisplatin for stage IV-B, as well as for recurrent or persistent carcinoma of the cervix.

APP’s Topotecan for Injection will enter the market as one of the first generic injectables of its kind. Topotecan is therapeutically equivalent to GlaxoSmithKline’s currently marketed drug Hycamtin®.

John Ducker, president and CEO of APP, noted the importance of a generic form of the product, as well as its value to APP’s product portfolio.

“As one of the first generic entries into the market, APP’s Topotecan for Injection will help reduce the cost of cancer treatment for patients who suffer from cervical and small cell lung cancers,” Ducker stated in the press release. “With the addition of Topotecan for Injection to our growing oncology portfolio, APP continues to demonstrate its ongoing commitment to expanding its presence in the oncology space.”

For more information, visit www.fresenius-kabi.com or www.APPpharma.com

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TouchIT Technologies, Inc. (TUCN.OB) Announces the Appointment of el-Haceb as New Distribution Partner

TouchIT Technologies, Inc. announced yesterday that they have appointed el-Haceb as Distribution Partner for Lebanon. el-Haceb will be carrying the full range of TouchIT Products which are available now for both trade and direct accounts.

Ronnie Murphy, President of World Wide Sales at TouchIT Technologies, said, “el-Haceb is a great fit for the business. el-Haceb’s 25 years of experience and contacts in the country will be a great asset for the TouchIT product range.”

Ibrahim Shatila, CEO at el-Haceb, said, “Traditionally, el-Haceb has concentrated in the corporate services markets for IT products. With the TouchIT range of products, we will be able to sell the product in our existing channels, but will also expand our reach into education, building on our vast experience and contacts in the region.”

el-Haceb plans to establish a “special package” for the Lebanese market. This includes both government approved local educational content software, as well as training and installation services. “Our discussions with local partners for the educational content are moving along nicely and we already have interest from large school groups in the region,” Ibrahim Shatila added.

“The Middle East is proving to be a hive of activity for TouchIT Technologies,” commented Ronnie Murphy. “This has been one of our focus regions for growth which we expect to continue,” he concluded.

Headquartered in Istanbul, Turkey, TouchIT Technologies designs, produces, and markets touch-based visual communication products. Their focus is to produce innovative touch-based interactive products for use in both Education and Corporate environments.

The Company manufactures a large range of touch screen and touch board products to suit all types of applications from 42″ LCD touch-screens to large interactive whiteboard displays and audience response systems. Their touch-based interactive whiteboard combines a world class enameled steel low glare surface with their touch technology. The Company’s touch-based interactive LCDs are not overlays. Their touch technology is embedded into the screen creating one of the world’s first fully integrated large format interactive LCD ranges.

TouchIT Technologies, Inc. has manufacturing facilities in Istanbul, Turkey and Sales Offices in London, UK, Co Limerick, Ireland and Boston, Massachusetts, USA.

For more information visit: www.touchittechnologies.com

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Monday, November 29, 2010

Solar Thin Films, Inc. (SLTZ.OB) to Execute Business Plans with New Joint Venture

Solar Thin Films, Inc. has been a manufacturer of solar module production equipment and turn-key amorphous silicon module factories, but now has it eyes set on establishing itself as an international developer and syndicator of solar power projects.

The California-based Company has recognized the rapid growth in solar technologies that is being spearheaded by California and is looking to capitalize on the trend. Earlier this month, Solar Thin signed an agreement to acquire 100% of 2COR9, LLC, a California company which will focus on developing and installing solar power plants for industrial, commercial, and government customers. The personnel of 2COR9 have backgrounds and contacts in many areas and corporations that will bring potential clients with large-scale facilities that can benefit from solar units on large areas of unused roof space.

One of the next steps in executing its business strategy is to acquire or form joint ventures with other companies across the globe to establish, finance, manage and syndicate solar farms as power projects both domestically and internationally. Preliminary discussions are ongoing in Israel, Canada and Europe as well as within the United States. Today, Solar Thin Films announced that it has entered into a Letter of Intent with One Globe Renewables, LLC for the purpose of forming a joint venture and strategic relationships for the development and syndication of solar farms on both a proprietary and turnkey basis.

Founded in 2010, Colorado-based One Globe Renewables, LLC focuses on the development, financing and power project management of rooftop, carport and ground-mount commercial solar photovoltaic energy producing assets in all domestic and selected international markets. Together, the companies are hoping to capitalize on the growing U.S. solar electric capacity, including both photovoltaic and concentrating solar power installations, which increased by 37% in 2009, and photovoltaic installations (grid-tied), which grew by 38%.

Financing for a portion of these projects has been announced through a placement agency agreement with Network 1 Financial Securities, Inc., a Broker Dealer and member of FINRA located in Red Bank, New Jersey, for the purpose of offering for sale, in a private placement, a $3.5 million dollar convertible debenture.

More information on Solar Thin Films can be found on the Company’s website at www.solarthinfilms.com

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China Linen Textile Industry (CTXIF.OB) Posts Record Q3 Results, Raises Guidance

China Linen Textile, producer, marketer and exporter of fabric and yarn, today posted record third quarter 2010 results, reporting increases stemming from increased market demand and enhanced sales efforts.

“We are pleased to report record revenue and earnings for the third quarter of 2010, which were a direct result of our expanded sales efforts for our broad line of linen fabrics, increased linen yarn distribution channels, and our fixed asset lease agreement with Lanxi Tianxianfang Linen Company, Ltd. which significantly expanded our production capacity,” Gao Ren, chairman and president of China Linen stated in the press release. “Our recent acquisition of Lanxi Tianxianfang is an important milestone in our goal to become a vertically integrated producer and the benefits of this relationship were evidenced in our recent operating and financial results to further improve our financial and operational performance.”

Revenue for the third quarter of 2010 increased 109.3 percent to $14.0 million, compared to $6.7 million for the third quarter of 2009. Sales of linen fabric sales increased 110.9 percent year-over-year to $12.5 million, accounting for 89.0 percent of sales for the period. Sales of linen yarn increased to $1.5 million, up from $0.2 million a year ago. New customer sales contributed to approximately 45 percent of total revenue in the third quarter of 2010.

China Linen reported gross profit for the third quarter of 2010 at $4.4 million, a 114.9 percent increase from $2.1 million in the third quarter of 2009. Gross margin was 31.5 percent versus 30.7 percent in the third quarter of 2009.

Operating expenses for the third quarter of 2010 increased to approximately $0.7 million, compared to $0.2 million for the comparable quarter of 2009. The company attributes the increase to increased selling expenses and increased expenses in connection with its public company compliance efforts.

China Linen’s operating income for the third quarter of 2010 increased 98.2 percent to $3.7 million compared to operating income of $1.9 million in the third quarter of 2009.

The company reported a 74.9 percent increase in net income for the third quarter of 2010, compared to $1.6 million for the third quarter of 2009. Diluted earnings per share increased 74.1 percent to $0.14 compared to $0.08 for the third quarter of 2009, based upon 20.2 million and 20.1 million weighted average number of shares outstanding, respectively.

As of September 30, 2010, cash and cash equivalents totaled $4.4 million, nearly double the $2.3 million reported on December 31, 2009.

The company raised its full-year guidance of sales from $38.1 million to $44.0 million and maintains net income guidance of $9.3 million and raises EPS guidance from $0.39 to $0.46 based on 20,215,003 weighted average number of shares outstanding.

Ren said the company is anticipating new customer orders and noted that by boosting its production capacity, the company is on track to meet its 2011 expansion goals.

“China Linen’s continued international and domestic market expansion is anticipated to yield additional customers and orders, which will drive incremental growth and support our efforts to further penetrate the existing customer base. We expanded our linen yarn production capacity by approximate 40 percent and linen fabric production capacity by 26 percent through the additional of Lanxi Tianxianfang, which provides the foundation to meet our 2011 growth objectives,” Ren stated.

For more information visit www.chinalinen.cc

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Daulton Capital Corp. (DUCP.OB) Changing the Face of Mining

There are few industries that face as much negative as the mining industry. Even in the most mining friendly locations, communities are quick to draw defensive lines, guarding against a range of reputation-based threats, whether real or perceived. Daulton Capital Corp., a Nevada based finance company specializing in natural resource investments, has structured itself to directly counteract this perception, laying a foundation of trust and transparency with local communities.

The company goes so far as to present this as the primary focus in its formal statement of corporate values:

“Daulton Capital Corp remains committed to align itself with others in projects where the ideals of leadership, social responsible resource development, environmental responsibility, safety and health are mutually recognized. Daulton Capital Corp conducts its exploration and project development activities with a commitment to be socially responsible to the local community addressing all concerns within those communities that the company has a presence.”

Daulton goes still further, giving a point-by-point guide for integrating project and public concerns:

• Act responsibly with integrity, trust and respect
• Provide leadership in safety, health, social responsibility and the environment
• Insist on teamwork and transparent communication through all levels
• Institute programs to educate and employ local workforces
• Continually develop our people and reward them for creativity, excellence and commitment
• Promote positive change by encouraging “best practices”
• Being socially and environmentally conscious within the communities.
• Promoting a safe-working environment for employees and the local community
• Operating within strict standards of ethics and honesty
• Contributing to the local community

To Daulton, this is viewed as not only a socially responsible way to conduct business, but as key to its long term role as a project generator. Daulton has the objective of putting together option and joint venture projects, with major and junior natural resource companies, from exploration through to production. Without local support, such agreements, the lifeblood of the company, simply have less chance of working.

For additional information, visit the company’s website at www.DaultonCapital.com

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Gryphon Resources Inc. (GRYO.OB) Secures Financing for Lithium Exploration in Arizona

Gryphon Resources, www.gryphonresourcesinc.com – the lithium-focused mineral exploration firm, reported completion of a $320k private placement today, securing stage one operating capital for their strategic exploration initiative in Arizona.

The buzz surrounding lithium is intense. As a key strategic resource for the 21st century, lithium is absolutely vital for batteries in all kinds of electronic devices, from cell phones to laptops and electric vehicles.

President and CEO of GRYO, Alan Muller, recognizes the vast potential for domestic lithium production and views the success of fund raising efforts as a clear indicator of strong demand from the market for the company’s production initiative.

Muller explained that the company has deftly “re-focused” over the last nine months, quietly working towards the execution of this private placement, which provides:

• Working capital spanning several months
• A balance sheet-strengthening debt-to-shares conversion component
• Funding for stage one of lithium exploration in Arizona

Muller cited a $28.4M award (American Recovery and Reinvestment Act of 2009) to Chemetall Foote’s Clayton Valley lithium production facility in Nevada, as a firm stand by the US Government to support domestic lithium production.

Muller went on to note the striking similarities between Chemetall Foote’s facility and GYRO’s 640-acre L.G. Property in Arizona, suggesting that the company is sitting on a potentially major new source for satisfying skyrocketing US demand.

Muller sees the Arizona property as having the potential for very large brine deposits, with viable lithium concentrations and foresees a massive demand squeeze on the horizon for lithium:

• All the major automakers are announcing plans to build Li-ion (lithium-ion) vehicles; demand in this sector is expected to increase fivefold by 2012
• Over 60% of cell phones and 90% of laptops use lithium batteries
• Global lithium battery market exceeds $4B/year

Rapidly positioning itself to become a major domestic supplier of this critical strategic resource is a solid move for GRYO, whose shareholders stand to reap rich rewards as future US demand for lithium advances on strong uptake from the industrial sector.

Aggregate proceeds of $320k are based on private placement sale of some 6.4M restricted common shares at $0.05/share, issued pursuant to Securities Act of 1933, Regulation S.

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Auxilio Inc. (AUXO.OB) is “One to Watch”

Auxilio Inc. is the nation’s leading Managed Print Services (MPS) company focused on the health care industry. They work exclusively with hospitals, hospital systems, and associated clinical and administrative facilities. The Company is vendor independent and provides intelligent solutions, a risk free program, and guaranteed savings. Auxilio Inc. has their headquarters in Mission Viejo, California.

Most health care administrators are uncertain as to the total volume of documents being produced in their facilities. Most are also unsure of how much is spent, and how many various print related vendors they pay annually. Auxilio Inc. is the only nationwide health care exclusive MPS company that delivers customized print strategies and solutions through their proprietary systems, designs, and technology.

The Company offers hospitals a detailed assessment of their print infrastructure and services. This includes copy, print, fax, and scan, and evaluates the opportunity to transform their print environment, generate savings of up to 30 percent, and maximize productivity. There is no charge to the prospective customer for this assessment. This assessment is comprehensive and can take several weeks. Once they determine they can provide substantial savings on print services costs, Auxilio commits to provide that health care facility with a customized and systemic print architecture and suite of services at a guaranteed lower price.

The Company also provides leadership and expertise to support the health care industry’s shift from paper files to electronic records management. Auxilio masterminds the systemic fleet deployment infrastructure of a customer’s print-related processing equipment, such as copy machines, printers, scanners, and faxes, to maximize workflow efficiency and workforce productivity. This includes negotiating equipment leases and sourcing equipment as needed.

Auxilio assumes all costs related to print business environments via customized, streamlined, and seamless integration of services at predictable fixed rates. They work in partnership to assist their customers in the delivery of quality patient care. The Company provides service and solutions through their on-site Centers of Excellence professional print strategy consultants.

Auxilio Inc.’s commitment is to uncovering hidden costs and improving process in managed print services for hospitals. They pioneered the way forward as the country’s only health care exclusive and vendor independent print strategy company. They accomplished this by originating sustainable print management methodologies and developing best business practices to capture unknown savings in hospital copy, print, fax, and scan environments.

Their business model is to work collaboratively with hospital executives to reach cost-effective agreements with no upfront fees or unseen risks down the line. Auxilio is dedicated to bringing transparency to costs and maximizing staff productivity through transformative print strategies.

In late August, Auxilio Inc. reported that they are experiencing accelerated new business and revenue. They have signed several contracts since 2009 including Johns Hopkins Health System (JHHS) in Baltimore, Maryland. This new customer agreement is for five years, and was developed through the Company’s marketing alliance with Sodexo.

They also signed a contract with Palisades Medical Center in North Bergen, New Jersey (an affiliate member of the New York-Presbyterian Healthcare System). This new customer agreement is for three years, and was developed through the Company’s marketing alliance with Sodexo.

In addition, they signed a contract with St. Joseph Hospital in Orange, California. St. Joseph Hospital, Orange has been an Auxilio customer since 2005 and this agreement extended the relationship for five years.

Furthermore, they signed a contract with Huntington Memorial Hospital in Pasadena, California, announced September 2009. Huntington Memorial Hospital has been a customer of the Company since April 2004 and this agreement extended the relationship for another three years. Auxilio also signed a contract with Saint Alphonsus Regional Medical Center (SARMC) in Boise, Idaho, announced August 2009. SARMC has been an Auxilio customer since 2007 and this agreement extended the relationship for another five years.

Last month, Auxilio announced a three-year $3.5 million MPS contract with New York Hospital Queens (NYHQ). New York Hospital Queens is a member of the NewYork-Presbyterian Healthcare System and is an affiliate of Weill Medical College of Cornell University. The contract is the Company’s first contract in the New York City market and second MPS contract awarded in the State of New York this year.

Earlier this month, Auxilio announced an expansion of their MPS contract with Sutter Health’s California Pacific Medical Center (CPMC) to include the remainder of Sutter’s West Bay Region. This includes Sutter Medical Center of Santa Rosa, Sutter Lakeside Hospital, Sutter Novato Medical Campus, and the Sutter Pacific Medical Foundation.

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Black Hawk Exploration, Inc. (BHWX.OB) Purchases Oil and Gas Lease in Kansas

Black Hawk Exploration has acquired 2,553 acres of leasehold in Cowley County, Kansas, including ten shut in oil and gas wells. The company did not disclose the purchase price paid. The company plans to drill new wells and recomplete existing wells at the site.

Black Hawk Exploration said that the company has included funds in its 2011 capital budget to recomplete all ten shut in wells. The well will be recompleted in a joint venture with Tiger Oil and Energy, Inc. (TGRO).

Tiger Oil and Energy, Inc. has already contributed $400,000 in capital towards drilling a new well at the Cowley Prospect, and will earn a 40% interest in one of the recompleted wells in exchange for this. Both Black Hawk Exploration and Tiger Oil and Energy, Inc. will have a 50% interest in this new well.

Black Hawk Exploration said that the company will soon release details on its Lithium exploration program at Clayton Valley. The company may also have assay results from its Dun Glen property, where the company is prospecting for gold and silver, next month.

For more information on the company, go to www.black-hawk-exploration.com

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Casey Corp. (CCPR.OB) is “One to Watch”

Casey Corp., through its operating subsidiary ESM Refiners (ESM), is primarily focused on recycling precious metals, mainly gold. ESM is an aggregator which purchases jewelry and other items containing gold from retail stores and other sources and then sells the jewelry to refineries which in turn melt down the gold and produce gold bars.

Traditionally, gold aggregation is a high volume, low margin business. The largest share of the profits, commonly over 60%, remains with the retail store, pawn shop or other party which purchased the gold items from their original owners. On average, the aggregator keeps just 1% of the refined gold value.

By leveraging its management team’s extensive knowledge of the gold market and strategically investing in new initiatives, the company plans to increase its coverage of the supply chain for greater revenues and profitability. Expansion plans consist of establishing an independent refining facility and continuing the development of its online business to increase the number of gold items purchased directly from the original owners.

By being a fully integrated vertical operator, ESM will retain the full profit of the gold jewelry recycling process. The company’s management team is confident that the availability of investment will support heavy marketing and promotional activity, enabling the company to become one of the leading players in the market.

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EquityFeed – The Ultimate Trading Platform

Every day we have to rely on a market data provider to ensure we have the latest, most accurate information. Because so many depend on our content to make better informed trading decisions, it’s imperative we have access to the most powerful trading tools available. Over the past few years we’ve tested many different trading platforms, but none have come close to EquityFeed.

Here’s just a brief snapshot of all the tools offered with a subscription:

• Robust Filters – The streaming algorithmic filter module lets traders setup technical scans for a continuous flow of trade opportunities.

• Technical Trading Alerts – Quickly see which stocks are making new highs, new lows, breaking price averages, breaking volume averages, moving block trades and much more.

• Daytrade Montage – With this module traders can thoroughly analyze a stock in just a few moments, having access to streaming charts with chosen indicators, dynamic Level 1 and Time/Sales, News and SEC Filings, Level 2 market depth, as well as volume and price averages.

• Market View – A one-of-a-kind tool that sorts and ranks stocks of the exchange(s) of your choice by a wide range of parameters including Price, Volume, # of Trades, Net or % Change and much, much more.

• News and SEC Filings – Monitor news and SEC filings in real-time, instantaneously determining if the market is reacting! It doesn’t get any better than this for those who like to trade off of news, enabling traders to sort or filter news by price, volume or a slew of other criteria.

• Level 2 Depth – See a stock’s order book with all the market makers lined up behind the bid and ask. Known as the best on the street, EquityFeed’s Level 2 module also logs the time and actions of market makers as they happen.

• Limit Alerts – Never miss a critical moment again. Using this module, you can setup alerts for when one of the stocks your watching crosses a specified threshold (such as price, volume, # of trades, etc.). The alerts can be displayed as a flashing popup or sent to you via email.

EquityFeed’s trading platform integrates all these ultra powerful data tools in an easy-to-use interface. To try the platform out for yourself and see what else it is capable of, visit http://www.equityfeed.com?affId=101781 and sign up for a 30 Day Trial.

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Black Friday Deals Trump the Recession

During this year’s Black Friday, you could be excused for thinking we’re no longer being affected by the recession. The yearly post-Thanksgiving shopping frenzy has been dampened in recent seasons due to economic downturn, but due to irresistible prices and some shrewd tactics on the part of some retail chains, this Black Friday could end up being the busiest in recent memory.

The Mall of America, for example, reported more customers this year. Some chains, such as Best Buy, Sears, Macy’s and Toys R Us had earlier opening times, or limited 24-hour access. The majority of purchases were toys and TVs, but luxury items such as jewelry and high-end footwear and clothing were on lists as well.

Deals were in full force – Wal-Mart (which had stores open 24 hours starting on Thanksgiving), stocked a 32 inch HDTV for $198, and toys such as Barbie dolls for $10, and Zhu Zhu Pets for $4. Old Navy, Toys R Us and Sears were all open on Thanksgiving, hoping to get some more shoppers this year. Toys R Us was open for 24 hours, starting at 10pm on Thanksgiving, offering shoppers the chance to stay up a little later for deals, rather than waking up before dawn to stand in line.

Gadgets were another draw: Best Buy was running holiday ads 11 days earlier this year than last, offering a large selection of DVDs on sale for $3.99 each and $30 off the Nintendo Wii console to pull customers into stores. Best Buy wasn’t keeping overnight hours, but many stores reported consumers in tents in the parking lot, to ensure the best picks when the stores opened.

A strong Black Friday is typically a bellwether for the holiday shopping season to come. Named for the opportunity to put retailers “in the black”, or into yearly profitability, it’s understandably a tense time for storeowners. But if this year is any indication, 2010’s holiday season is looking a little brighter. Research firm ShopperTrak is expected to release data from this year’s results on Saturday, and the full picture for the weekend overall will be known on December 2nd, when retailers report sales for November.

Not to be discounted, however, is the newer tradition of Cyber Monday, which is when online retailers post similar types of deals, with many stores offering free shipping . Black Friday isn’t typically as profitable for online stores as Cyber Monday, but this year some decent profits were posted. eBags, for example, reported sales at 69.5% above Black Friday 2009.

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Zentric, Inc. (ZNTR.OB) Announces QualityStocks Coverage

Zentric, Inc. announced they will be featured in upcoming Daily Newsletters, Daily Blogs, and Message Boards. QualityStocks is a free service that collects data from hundreds of Small-Cap and Micro-Cap online Investment Newsletters and puts it all into one Free Daily Newsletter Report.

Zentric, Inc. has developed a new and revolutionary battery technology to incorporate high voltage dual electrolytes for higher voltages and power. Through innovation, acquisitions and strategic partnerships, the company aims to accelerate the market applicability of advanced battery technologies as well as storage systems.

Zentric’s unique battery technology allows specific combinations of key battery components to attain a much higher voltage than traditional lead acid batteries while costing a lot less than lithium-ion batteries. By fitting more energy into the same form factor, the company’s technology offers a significant advantage over existing solutions on the market.

Jeff Mak, President and CEO of Zentric, stated, “ZNTR has a unique and solid business foundation, and appreciates the opportunity to sponsor the QualityStocks Newsletter, Video and Blogs. QualityStocks is providing a much needed service in the micro-cap and small-cap markets.”

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Medisafe 1 Technologies Corp. (MFTH.OB) and Major Jerusalem Hospital Enter Discussions to Launch Pilot Project

With headquarters in Ann Arbor, Michigan, Medisafe has developed a global presence by protecting the lives of medical patients and the hospital industry as a whole. The company accomplishes this by effectively preventing the unauthorized administration of drug or medicinal substance by hypodermic needles with patented locking mechanisms to ensure a patient only receives the correct dosage.

Today, Medisafe took another step towards prominence with the announcement they are in discussions to launch a pilot of its syringe locking device with a major hospital in Jerusalem. The target date for launching the pilot program will be within the next six months and will demonstrate the effectiveness of the device to physically block the administration of incorrect medications or dosages to patients.

The technology will feature a barcode reader that will confirm both the medication and its intended patient. If there is a possibility for an incorrect administration of the dosage, the locking device on the syringe will not open and administration will not be possible which will protect the lives of patients and hospitals from medical malpractice lawsuits.

Leading the way at Medisafe 1 Technologies is Jacob Elhadad who serves as the CEO. When asked what this announcement means to the future of the company, Elhadad was quoted as saying, “We are optimistic about the early discussions with a very well-respected department in one of the region’s best hospitals. The successful implementation of this pilot could potentially lead to more widespread demand for our technology.”

To learn more about Medisafe 1 and their technologies, visit the company’s website at: www.medisafe-tech.com

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Provectus Pharmaceuticals, Inc. (PVCT.OB) Video Chart for Monday, November 29, 2010

After a 40% run a month ago, PVCT has fallen back to “pre-run” levels. The base appears to be holding strong at this point and the price per share climbed some on Friday. We have it on radar to hold the base and possibly put together another climb.

To view the video chart, visit the following link: http://www.qualitystocks.net/videocharts.php

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Friday, November 26, 2010

Zentric, Inc. (ZNTR.OB) Announces Appointment of Lee Harrison as Executive Advisor

Zentric, Inc. announced this morning that it has appointed Lee Harrison as an advisor. Spending many years in senior roles in various telecom organizations, including Bell Canada and Smart Talk Network, he also founded a successful prepaid telecom startup, CAI, which he later sold to a subsidiary of AT&T.

Currently, he owns and runs a business development company, Convergent Thinking Inc. (CTI). CTI’s clients have included Rogers Communications Inc., Fonorola, Siemens Worldwide, DataCom, DTE Energy Technologies, Dtechs, Olameter, TransPrairie Energy Management, Direct Energy, SmartSynch, CanJet, SAS, Quadrant, Jomini International, Pan Caribbean Energy and Secure Electrans. In addition to North America, the company has conducted business in a variety of geographic locations including South America, the Middle East, Europe and Africa.

Mr. Harrison remains very active in the utility sector via various consulting roles. He sits on a variety of boards and industry associations including the Electricity Task Force at the Toronto Board of Trade and North American Energy Reliability Corporation (NERC).

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Warren Resources, Inc. (WRES) to Present at Southcoast Energy Conference

Warren Resources Inc., an independent energy company engaged in the exploration and development of domestic onshore oil and natural gas reserves, announced recently that the company will present at the Capital One Southcoast 2010 Energy Conference in New Orleans on December 7, 2010. Timothy Larkin, Warren’s Executive VP and CFO, along with David Fleming, its Sr. VP and General Counsel, will make the presentation, a copy of which will be available on the company website (www.WarrenResources.com) beginning Monday, December 6.

Warren Resources uses advanced technologies to systematically explore, develop, and produce domestic on-shore oil and natural gas reserves. Although the company is headquartered in New York, primary operations are focused on oil in the Wilmington field in California, and natural gas in the Washakie Basin in Wyoming. Warren is also one of the leading developers of coalbed methane natural gas, or CBM, in the Rocky Mountain region. The company, with over 160,000 gross acres (85,534 net) in oil and natural gas interests, has offices in Long Beach, California, and Casper, Wyoming. In addition, they own oil and natural gas interests in non-strategic properties in Texas, New Mexico, and North Dakota.

Only about 20% of the company’s net acreage has currently been developed. The company plans to generate growth in oil and gas reserves, production volumes, and cash flow by exploiting existing properties through the drillbit. They have already identified 530 drilling locations in the RM CBM properties, and have zoning approval to drill up to 540 new wells in the Wilmington field units.

All of the company’s oil and natural gas drilling, completion, production, and land operations are conducted through a wholly owned subsidiary, Warren E&P, Inc.

For more information, visit www.WarrenResources.com

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CNinsure, Inc. (CISG) Anticipates Continued Growth through Strategic Acquisition

CNinsure Inc. is a Guangzhou-based independent insurance intermediary company that distributes a variety of property and casualty insurance products in China. The company also offers insurance claim adjusting services, including assessment, survey, authentication and loss estimation for individuals and institutions.

Founded in 1998, the company has worked to establish a distribution and service network across China that includes 55 affiliated insurance intermediary companies, 47 of which are insurance agencies, four that are insurance brokerages and four that are insurance adjusting companies. The company utilizes a sales force of more than 36,000 sales representatives that comprise a network reaching 23 provinces in China.

CNinsure continuously revamps its core business systems to reflect and adhere to the changes in the marketplace to support its nationwide operations. This tactic is part of its long-term goal to become a premier diversified financial services group, leveraged by its established distribution network, operating platform and brand recognition, a strategy that is ultimately expected to attract more product suppliers and service offerings.

Since its IPO in 2007, the company has boosted its market reach through organic growth and growth through acquisitions. In a recent press release, CNinsure said it plans on refining its acquisition model for simplicity and reduced risks, as it anticipates acquisitions to fuel future growth.

The company recently announced its unaudited third-quarter financial results for 2010, posting total net revenues at US$58.0 million, up 30.4% from revenues for the third quarter of 2009. Income from operations was reported at US$17.8 million, an increase of 35.7% from the comparable quarter of 2009. Net income attributable to CNinsure shareholders was US$16.4 million, a 42.7% increase from the third quarter of 2009.

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Maxim Resources Inc. (MXM.V) Receives Letter of Intent from Jasmin Oil & Gas Limited

Maxim Resources Inc. released news earlier this week that it has received a Letter of Intent from Jasmin Oil & Gas Limited. The LOI outlines a plan for Maxim to acquire 100% Jasmin’s shares.

Maxim and Jasmin will enter into definitive agreements prior to the removal of the LOI’s conditional clauses. The ensuing agreements will then be subject to the approval of the TSX Venture Exchange, (TSXV). Finder’s fees may be payable in accordance with the TSXV policies as well.

Maxim presently has a 69% Net Revenue Interest in exploration and production of Jasmin within the1,350-acre South Erin Block. After payout of the investment, the Net Revenue Interest will reduce to 41%. Jasmin has drilled 5 wells to date and the exploration licenses for this Block allow for a further 42 wells to be drilled. Present production is approximately 200 barrels of oil per day of medium grade crude.

Jasmin, a privately held company, is registered in Trinidad and Tobago. At this time, the conditions of the LOI are in the process of being satisfied; the four shareholders representing 100% of the shares of Jasmin have agreed to sell their positions to Maxim. Maxim will pay the shareholders of Jasmin $4.6 million USD and a Convertible Debenture for $6 million USD. The conversion price will be $0.50 per share, with resale restrictions yet to be determined.

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Radius Gold Inc. (RDU.V) Stakes 550 Claims Radius Gold Inc. announced that they recently staked 230 claims. These claims cover the eastern extension

Radius Gold Inc. announced that they recently staked 230 claims. These claims cover the eastern extension of the belt of rocks that host ATAC Resources’ Osiris discovery, contiguous with ATAC’s Sten claim block, northeast of Keno City in the Yukon Territory of northern Canada.

Radius also staked 320 claims covering the prospective stratigraphy along the northern edge of ATAC’s claim block. This is midway between the Osiris and Ariana targets.

ATAC has discovered a potentially major belt of Carlin-type gold mineralization at their RAU property. According to ATAC, mineralization in the Osiris Target area shares many of the characteristics of Carlin-type gold deposits. This includes similar alteration assemblages and association with the low temperature arsenic sulphides, realgar, and orpiment.

Host rocks are two, 150 to 250 m thick limestone debris flow and turbidite units. These are referred to as the Osiris and Isis Horizons, which occur within basinal silty mudstones. Radius Gold Inc. plans to begin exploration of their ATAC-belt claims when weather conditions allow in the spring.

Radius recently announced a non-brokered private placement to a maximum of 5.8 million flow-through common shares at 65 cents per share. This is for gross proceeds of up to $3.77-million. Closing of the financing is anticipated to occur on or before Dec. 6, 2010. It is subject to receipt of TSX Venture Exchange acceptance. The net proceeds of the financing will be used for exploration of Radius Gold Inc.’s Sixty Mile property in Yukon Territory and their other Yukon properties.

Headquartered in Vancouver, British Columbia, Radius Gold Inc. has been exploring for gold in Latin America for nearly a decade. The Company has assembled interests in a portfolio of promising gold projects throughout the region. This includes carried stakes in two small-scale developing gold projects in Guatemala and Nicaragua. In addition to their ATAC-belt claims, Radius also has two other 100 percent owned exploration plays. These are the HB property in Guatemala and the Sixty Mile property in the Yukon Territory.

For more information visit: www.radiusgold.com

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Wednesday, November 24, 2010

RiT Technologies Ltd. (RITT) Inks Strategic Agreement with Adwest Communications to Extend Market Reach

Infrastructure management company RiT Technologies today announced its agreement with Adwest Communications Ltd., a Kenya-based provider of advanced communications network solutions, in which Adwest will distribute RiT’s solutions to customers throughout East Africa.

The agreement reflects RiT’s business strategy to increase its local representation and expand its reach into rapidly growing markets. Adwest’s market experience and network is expected to support and enhance RiT’s expansion efforts.

Paul Makobi, general manager of Adwest, noted RiT’s valuable solutions applicable to a variety of enterprises.

“With an extensive range of industry-leading products – all the way from high-quality cables to sophisticated Intelligent Infrastructure Management (IIM) systems – RiT has the right solution for any type of enterprise,” Makobi stated in the press release. “We look forward to introducing RiT’s concepts and products to businesses throughout East Africa, and are confident that our efforts will result in a high level of local sales.”

Eran Ayzik, president and CEO of RiT, emphasized the value of the agreement as part of RiT’s overall business outlook.

“This agreement is another step forward in our efforts to expand our channel network into new regions by partnering with strong local partners. We look forward to working together with Adwest Communications and to achieving significant sales in this high-potential, greenfield market,” Ayzik stated.

For more information visit www.rittech.com

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AUXILIO, Inc. (AUXO.OB) Expands Contract Adding Three Hospitals and Further Notoriety

AUXILIO, Inc., the nation’s pioneering Managed Print Services (MPS) company focused on the health care industry, recently announced an expansion of its MPS contract with Sutter Health’s California Pacific Medical Center (CPMC) to include the remainder of Sutter’s West Bay Region, which includes Sutter Medical Center of Santa Rosa, Sutter Lakeside Hospital, Sutter Novato Medical Campus and the Sutter Pacific Medical Foundation.

According to company, the expanded relationship is a direct result of the confidence earned over the last five years by successfully executing a print services program at CPMC. Sutter Health is one of the country’s largest community-based non-profit health care providers, with 24 hospitals in more than 100 communities in northern California.

In the press release AUXILIO also announced that it has signed a Master Services Agreement (MSA) with Sutter Health Corporate to allow other interested hospital executives throughout the Sutter Health network to take full advantage of AUXILIO’s services. The MSA further strengthens AUXILIO’s business relationship with the health care provider’s network of hospitals.

“We are honored to provide Sutter Health’s West Bay Region with our resources and expertise to support its delivery of quality patient service to northern California residents,” stated Joseph J. Flynn, chief executive officer of AUXILIO. “We appreciate our Company’s long standing relationship with California Pacific Medical Center, and we are excited by the opportunity to expand our services, cost savings programs and operational efficiencies to the Sutter West Bay.”

“AUXILIO’s performance and execution of its MPS program has been a very valuable service that saved CPMC thousands of dollars and greatly increased our internal customer service over the past five years,” commented Craig Vercruysse, Sutter West Bay Region Chief Information Officer. “We are looking forward to extending that service to the Sutter West Bay facilities and enhancing our relationship with AUXILIO.”

Throughout 2010, AUXILIO has experienced unprecedented growth in the MPS market for health care. So far this year the company has been awarded five new MPS contracts which include over 15 hospital campuses and associated off-site facilities, significantly increasing the company’s revenues. Boasting 100% customer retention, the company achieves continuous multi-million dollar saving for its customers which is illuminated by its unparalleled level of service and solutions.

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IDO Security, Inc. (IDOI.OB) Goes To China

When IDO Security first developed MagShoe™, the foot level security scanning device that eliminates the need for passengers to remove their shoes, it’s doubtful that anyone in or out of the company fully anticipated the level of interest around the world that would be generated. And now, based upon growing demand in the area, the company is traveling to China to train distributors on the latest iterations of MagShoe.

The International Marketing Manager for the company, Dani Werber, said of the trip, “We are most excited to be able to introduce our new state of the art models to the Asian marketplace, especially given our earlier success in placing the MagShoe™ in China. The strong interest shown in the new and improved models by our distributors is a testament to what we believe will be a much greater revenue opportunity throughout Asia as we see continued interest throughout Europe and the remainder of the world.”

MagShoe is seen by the company, and increasingly by airport and other security operations around the world, as filling a critical void in today’s systems by extending screening to the area around the lower legs and feet, an area not adequately covered by standard scanning systems. The product’s advanced design increases accuracy and minimizes safety concerns, without requiring the user to go through the trouble of removing their shoes. MagShoe integrates seamlessly with existing detectors, is very quick and easy to use, and is highly cost effective. But perhaps most importantly, with all the current complaints about the invasiveness and inconvenience of security checks, MagShoe is timely, perfectly filling a worldwide need.

For more information, visit the company website at www.IDOSecurityInc.com

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Eagle Ford Energy Inc. (EFRDF.OB) Reports Successful Well in Texas

Eagle Ford Energy Inc. reported that the company has successfully drilled a horizontal well on its leasehold acreage in Texas. Eagle Ford Energy Inc. conducts its exploration and production activities through Dyami Energy LLC, a wholly owned subsidiary of the company.

The Matthews Dyami #1-H well was drilled by Dawsey Operating LLC to a vertical depth of 5,100 feet and a measured depth of 8,500 feet. The well was extended 3,300 feet horizontally through the Eagle Ford Shale

Eagle Ford Energy Inc. said that during the drilling operation, the company logged the well and took thirty-six core samples from various formations. These formations included the San Miguel, Austin Chalk, Eagle Ford and Buda Zones. The core samples were sent to various labs for analysis. The company said that it would design a completion program based on this analysis.

The Matthews Dyami #1-H well was drilled on the Matthews lease, a 2,629 acre tract located in Zavala County, Texas. Eagle Ford Energy Inc. has an eighty five percent working interest in the Matthews lease, which is adjacent to other areas in Zavala County where extensive development is ongoing by other companies.

For more information on the company, go to www.eagleford.com

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Manhattan Bancorp (MNHN.OB) Announces the Appointment of President & Chief Executive Officer

Manhattan Bancorp and their wholly-owned banking subsidiary, Bank of Manhattan, N.A. (Bank), announced yesterday the appointment of Terry Robinson as President & Chief Executive Officer of both the Company and the Bank. Mr. Robinson will also serve as a member of the Board of Directors of both the Company and the Bank.

In addition, Manhattan Bancorp announced the appointment of Grant Couch as Chairman of the Board of Directors of the Company and the Bank. Mr. Couch will succeed founding Chairman Kyle A. Ransford, who will continue as a Director of the Company and the Bank.

Mr. Robinson has been a successful Chief Executive Officer of California community banks. He joined Plaza Bank of Irvine, California as Chief Executive Officer in June 2009. Under his leadership, the Bank has grown from $96 million in total assets as of March 31, 2009 to $360 million at September 30, 2010. Earnings have moved from a quarterly loss of $1.4 million for the March 2009 quarter, to a substantial profit in the quarter ended September 30, 2010.

Prior to joining Plaza Bank, Mr. Robinson was President and Chief Executive Officer of The Vintage Bank and their parent company, North Bay Bancorp. Mr. Robinson joined the Napa, California-based bank in 1988. He remained with them until their sale in 2007. Vintage grew from $26 million to $675 million in assets under his leadership.

Mr. Robinson said, “It is a privilege to join such an outstanding team of banking and financial services professionals, the business plan is exciting and promising, and the elements necessary for successful execution are in place. I look forward to working with the team as we implement the plan.”

Mr. Couch has a 35-year career in the financial services industry, beginning with Manufacturers Hanover Trust in 1971 and retiring in 2008 as President & COO of Countrywide Securities Corporation. Since 2009 he has been a Director of MNHN.

Mr. Kyle A. Ransford, in announcing his decision to step down as Chairman, said, “I am very excited about the Company’s prospects going forward. I have great confidence that the team we have assembled and incoming CEO Robinson and Mr. Couch will take the Company to the next level. While I will miss my daily involvement with the Company, I look forward to my continued involvement as a director and founder.”

Mr. Couch stated, “The Board and I want to thank Kyle for his leadership and vision in bringing together a very talented group and building a unique and compelling platform that has a tremendous future.”

Manhattan Bancorp owns Bank of Manhattan, N.A., headquartered in the South Bay area of Los Angeles, California, and Manhattan Capital Markets, LLC, which operates as a full service broker/dealer with emphasis on mortgage products via their wholly-owned subsidiary, Banc of Manhattan Capital, LLC. Manhattan Bancorp’s primary focus is relationship banking and residential mortgages to entrepreneurs, family-owned and closely-held middle market businesses, real estate investors and professional service firms. Manhattan Bancorp has their headquarters in El Segundo, California. They opened for business on August 15, 2007.

For more information visit: www.BankManhattan.com

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Raser Technology (RZTI.OB) Finalizes Transaction to Launch New Electric Automotive Company

Prominent technology company Raser Technologies, Inc. announced on Tuesday that it has finalized a transaction to form a new electric automotive company with a small group of private investors. Led by California investor Carl E. Berg, the plan will be focused initially on trucks and SUVs for fleet customers.

In the transaction, Mr. Berg will capitalize the new company with $4.5 million, which will be used as working capital for the new company. Mr. Berg will receive $2.5 million in cash, $1.5 million of which was paid at closing and the remainder is to be paid by December 20, 2010. Additionally, Raser receives a 39% interest in the new company and will retain the right to appoint one of the three members of the company’s board of directors.

Mr. Berg commented, “I am very pleased with the acquisition and the opportunity for rapid growth in the electric vehicle market based on Raser’s strategic position, orders and their E-REV truck technology. I believe that this automotive company will offer a completely new kind of work truck to help electrify the largest segment of the automobile business and convert thousands of soft orders into deliveries over the next few years.”

Kraig Higginson, Raser Technologies chairman, commented, “We have been working on separating the automotive and renewable energy segments, and believe that this will allow both businesses to operate and attract capital more efficiently. We have been successful in the development of a very promising E-REV powertrain technology. We are pleased that it will soon be offered commercially in America’s most popular vehicle, the pick-up truck, by an exciting new electric vehicle company. The new company plans to begin delivering the first extended range electric trucks to fleet customers beginning the end of this year.”

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ECOtality (ECTY) Appoints Ravi Brar as Chief Financial Officer

Yesterday, ECOtality publicly named Ravi Brar as their new Chief Financial Officer. This marks Brar’s entry to the company, and while ECOtiality’s previous CFO Barry Baer will stay with the company, it will be in a new capacity as a consultant assisting the company during the transition.

Located in San Francisco, ECOtality is a manufacturer of electric transportation and storage technology. Their goal is advancing green electric transportation tech to phase out and replace fossil and carbon-based fuels.

Ravi, who has an MBA from the Katz Graduate School of Business (University of Pittsburgh), has nearly 20 years of experience. His most recent position was as EVP and CFO at Exigen Services, a software development outsourcer, from 2007 until this year. Previously, Brar was CFO and COO at Pac-West Telecom, where he led the company through an IPO, restructuring, several acquisitions and capital raising plans.

“We thank Barry for his contributions as CFO at ECOtality, especially for his guidance in helping the company transition from the Over the Counter Bulletin Board to the NASDAQ exchange. Barry worked to establish a strong financial foundation for ECOtality, and as a director he will continue to lend his expertise to the company,” stated Jonathan Read, CEO of ECOtality. “We are excited to add Ravi to our executive team. Ravi is an experienced and accomplished executive with a solid background in finance and investor relations, and well versed in the needs of a Company’s financial and reporting needs as we achieve geometrically larger new levels of revenue and earnings. We are confident that Ravi will play a vital role in our continued fiscal growth.”

“ECOtality is developing innovative electric charging solutions that result from the company’s unique combination of industry experience and research,” commented Ravi Brar. “In addition we are currently rolling out the world’s largest network of commercial and residential charging stations for the next generation of EVs. I very much look forward to joining ECOtality and working with the executive team to drive the Company’s growth in an industry that is vital to our economy and our environment.”

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Entrée Gold Inc. (EGI) Reports Successful Assay Tests on Nevada Properties

Entrée Gold Inc. reported that the company has received positive test results indicating the presence of copper on two of its mining properties in Nevada. The company has decided to conduct additional exploration activities in these areas.

Entrée Gold Inc. conducted assay tests in the Yerington district, where the company has interests in the Blackjack and Roulette properties.

At the Blackjack property, Entrée Gold Inc. drilled seven exploration holes totaling 2,820 meters. The results of the assay tests indicate the presence of oxide copper mineralization on the property. Entrée Gold Inc. believes that this is a continuation of the Blue Hill copper trend that is present on a contiguous property. The company also found a new zone of copper mineralization on the eastern end of the Blackjack property.

Entrée Gold Inc. said that the Blackjack property is subject to an option agreement with Honey Badger Exploration Inc., a Canadian exploration and production company.

At the Roulette property, Entrée Gold Inc. drilled two test holes and found a porphyry copper system at one of the test areas. The second test hole failed to achieve its target depth due to heavy faulting.

Entrée Gold Inc. said that the Roulette property is subject to an option agreement with Bronco Creek Exploration Inc., a wholly owned subsidiary of Eurasian Minerals Inc.

For more information on the company, go to www.entreegold.com

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Hotel Outsource Management International, Inc. (HOUM.OB) to Supply Major New Luxury Hotel in Israel with its Computerized Minibars

Hotel Outsource Management International, www.my-homi.com – a multi-national provider of computerized minibars and associated services, reported signing of an Outsourcing Agreement today which will see the Company’s HOMI® 232 Computerized Minibar installed in the luxurious new Isrotel Beresheet Hotel.

The Isrotel Beresheet is scheduled to open next year in March/April at a premiere location in Mitzpe Ramon, Israel and will offer unique leisure resort features to its guests, cleverly leveraging the nearby Ramon Crater and Negev desert attractions as well.

The beautiful 112 room hotel is designed to offer the pinnacle of service and accommodations. It is of no surprise that the proprietors have chosen HOUM’s fully automated, open-display wireless and eco-friendly (non-ammonia/gas, silent thermoelectric cooling system) HOMI® 232 Computerized Minibar system for their guests’ enjoyment.

President of HOUM, Daniel Cohen, was clearly pleased at the selection, which adds further real estate to the Company’s rapidly expanding footprint among luxury hotels in the upscale minibar segment. Cohen noted that this is the second such deal with the Isrotel Group and follows fast on the heels of the Isrotel Royal Beach Hotel operation begun earlier this year in July.

The Isrotel Beresheet Hotel was envisioned from the outset to be a complete get away solution, including a state-of-the-art spa and lovely two-story chalets, each with a private swimming pool and lavish ground floor suite.

Cohen explained that the Company would continue to grow its core business in key target markets like the US and Israel, as well as specific countries throughout Europe.

Cohen expressed full faith and confidence that this installation would prove to be a feather in HOUM’s cap, and that the deal would lead to even wider adoption of the Company’s offerings, both in Israel and abroad as a result of such continued/proven success.

With over 10k computerized minibar systems in 34 hotels worldwide, HOUM is well-positioned to keep delivering impressive returns to the Company’s shareholders, while efforts are made to continue strategic expansion of operations.

The Company is also engaged in ongoing work to develop the next generation of computerized minibar systems, systems which will go above and beyond their 232 and 330 models, bringing unprecedented satisfaction and performance to the world’s most exclusive hotels and resorts.

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