Tuesday, November 24, 2009
MY OPINION
Advanced Medical Inst Inc (AVMD)
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Monday, November 23, 2009
Origin Agritech Ltd (SEED)
BEIJING (TheStreet) -- Origin Agritech (SEED Quote) and Agria (GRO Quote) shares surged Monday on heavy volume after the former said it received Chinese commercial approval of its genetically modified phytase corn.Origin Agritech said Saturday its product is the "world's first genetically modified phytase corn" to be cleared for sale after the company received the Bio-safety Certificate from China's Ministry of Agriculture as a final approval. This is the last of five separate stages that genetically modified seed products must undergo in China, the company said.
Phytase is currently used as an additive in animal feed to breakdown phytic acid in corn. Origin Agritech's product will eliminate the need for animal feed producers to mix the two ingredients together, saving time, machinery, and labor for the animal feed producers, Origin said.Shares of Origin Agritech were jumping by $3.75, or 72%, to $8.96. Earlier in the session, the stock touched an intraday high of $9. More than 6.7 million shares changed hands by 10:30 a.m. EDT Monday, compared to the stock's 50-day average daily volume of 189,000, according to the Nasdaq.
Tuesday, November 17, 2009
InstaCare Corp (ISCR)
InstaCare Corp. (ISCR.OB) :the shares ran from a previous close of .048 to todays close at .129, the volume soared form the average of 265k/day to over 12.9m on the financial news release. The following is the revenue report to see the entire report go to yahoo finance.
for the three months ended September 30, 2009 was $4,491,831 compared to revenue of $3,439,271 in the three months ended September 30, 2008. This resulted in an increase in revenue of $1,052,560, or 31%, from the same period a year ago. The increase in revenue over the three months ended September 30, 2008 was a result of our market focus toward direct sale and direct to patient sale of diabetic test strips and medical-surgical products into several medical channels.
Cost of sales/Gross profit percentage of sales
Our cost of sales for the three months ended September 30, 2009 was $4,180,868, an increase of $947,488, or 29% from $3,233,370 for the three months ended September 30, 2008. The increase in cost of sales during the current period was due to changes and decreases in the national Medicare reimbursement and the company's focus on increasing sales over the prior quarter in our direct to patient market sales.
Gross profit as a percentage of sales increased from 6% for the three months ended September 30, 2008 to 7% for the three months ended September 30, 2009. The decrease in gross profit margin was caused by three market forces; (a) a change in our product mix whereby we increased our sales levels in medical surgical sales markets to extended care facilities, which historically have a lower profit margin, (b) a lowered reimbursement allowed by the federal Medicare program and private insurers, and (c) a deteriorated economy which has lowered our ability to push "stock up" behavior among our patients.
Tuesday, November 10, 2009
VELOCITY OIL&GAS (OTC BB: VOIG.OB)
VELOCITY OIL&GAS(OTC BB: VOIG.OB)on no news the trading took off moving from.015 to a new close of .04 on volume that went for a 10 day ave of 40k to 2.34m.
Thursday, November 5, 2009
Empire Energy Corp International (EEGC)
LEAWOOD, Kan.--(BUSINESS WIRE)--Empire Energy Corp. Intl. (OTC BB: EEGC - News) has signed Back to Site Agreement with Hunt Energy Drilling of Australia. In the agreement, Hunt Energy has agreed to return to the Bellevue drill site which has been prepared for drilling operations. Malcolm Bendall said, “We welcome the signing of this agreement with Hunt Energy and look forward to working together and the commencement of drilling on the Bellevue site.”
Wednesday, November 4, 2009
Java Detour Inc (JVDT)
SAN FRANCISCO, CA--(Marketwire - 11/04/09) - San Francisco based Java Detour, Inc. (Pinksheets:JVDT - News) announced today that it has executed a Co-Branding Agreement and a Reciprocal Development Agreement with Mrs. Fields Famous Brands, LLC, franchisor of over 1,200 Mrs. Fields Cookies and TCBY yogurt stores. The new partnership allows current and future franchisees of Mrs. Fields, TCBY and Java Detour to open franchise stores that promote and sell all three brands in the same location. The first tri-branded store offering Java Detour coffees, Mrs. Fields cookies and TCBY yogurts opened at the Flamingo Hotel and Casino in Las Vegas on October 3, 2009. A second Java Detour/Mrs. Fields store will open this month at 39th Street and 3rd Avenue in New York City.READ STORY ON YAHOO FINANCE
Tuesday, November 3, 2009
Viking Systems Inc (VKNG)
WESTBOROUGH, Mass., Nov. 3, 2009 (GLOBE NEWSWIRE) -- Viking Systems, Inc. (OTCBB:VKNG - News), a supplier of 2D and 3D visualization systems for the medical market, today announced results for the quarter ended September 30, 2009. The Company reported that it has made significant progress in its objective to reach sustainable positive cash flow from operations and that it is exploring strategic and financing options in order to fund anticipated 2010 operating losses while the Company develops and launches its "Next Generation" 3DHD Visualization System. Additionally, the Company discussed a significant order for its current 3Di system, its technology outlook and several pending changes in its management and governance structure.