FRMC, BMGP, MFLI, PVHO, OPMG
ZANE, SSEV, KKUR, UNDT, GOIG, MCLN
Our Stocks to Watch today include FormCap Corp. (OTC: FRMC), Biomagnetics Diagnostics Corp. (OTC: BMGP), Muscle Flex Inc. (OTC: MFLI), Provision Holding Inc. (OTCBB: PVHO), Options Media Group Holdings Inc. (OTCBB: OPMG), Zanett Inc. (Nasdaq: ZANE), Systems Evolution Inc. (OTC: SSEV), ChromoCure Inc. (OTC: KKUR), Universal Detection Technology Inc. (OTCBB: UNDT), GoIP Global Inc. (OTC: GOIG) and MedClean Technologies Inc. (OTCBB: MCLN).
FORMCAP CORPORATION (OTC: FRMC)
"Up 2.21% in morning trading"
FormCap is a reporting issuer with the shares traded on the “Pink Sheets”. FormCap holds 100% Working Interest (80% Net Revenue Interest) in the 4,900 acre Weber City Prospect located in Curry County, New Mexico. Formcap’s mandate is to seek out highly prospective oil and gas properties for acquisition, exploration and development.
March 4 -
FORMCAP Establishing Bonded Operator Status in New Mexico
FormCap Corp. (OTC: FRMC) is establishing itself as a Bonded Operator in the State of New Mexico in anticipation of its first proposed well on the Weber City Prospect located in Curry County, New Mexico. FormCap holds 100% Working Interest in approximately 5,800 gross acres of oil & gas leases in the Permian Basin, all with primary terms of five (5) years. The Company’s operational partner led by Calgary based Norman Mackenzie, confirms that the technical team is completing its deliberations and an initial well will be proposed shortly.
The Weber City Prospect is strategically positioned in the Permian Basin, a prolific area that has produced over 35 billion barrels of oil and 100 trillion cubic feet of gas, and is host to over 20 percent of all domestic oil and gas produced in the US. The Permian Basin’s development history and stable, long-life production is one of the main reasons FormCap has secured the Weber City Prospect acreage and continues to expand its holdings. FormCap plans to drill wells to test four potentially productive hydrocarbon zones; the San Andres, Clearfork, Wolfcamp and Cisco formations. Over 125 wells (based on 40 acre spacing) could be drilled on the Prospect.
“As a Bonded Operator in New Mexico, FormCap will more fully control operations and production from our successful wells on the Weber City Prospect. This will minimize operational costs and maximize our profits over the long term” stated Graham Douglas, FormCap’s President & CEO.
BIOMAGNETICS DIAGNOSTICS CORPORATION (OTC: BMGP)
"Up 8.91% in morning trading"
Biomagnetics Diagnostics Corporation is an advanced medical device and biotechnology company. The Company's revolutionary diagnostic systems, which are based on advanced magnetics, test for any viral or bacterial disease using any body fluid. The Company's technology allows laboratories to perform far more tests in the same amount of time it takes to do a single test. The HTS-MTP platform is designed to detect the actual virus and viral load in body fluids and not just simply screen for the presence of viral antibodies.
March 2 -
Biomagnetics Announces Integrated Optical Biosensor Delivery Timetable
Company on Accelerated Timetable for Summer 2010 Delivery of Handheld Optical Sensor for Tuberculosis and Cholera Detection with Malaria Detection Capability to Follow
Biomagnetics Diagnostics Corp. (OTC: BMGP) a developer of revolutionary diagnostic systems and technology for HIV, hepatitis, tuberculosis and malaria detection, today announced its accelerated timetable for delivery of the world's first handheld, integrated optical biosensor. Through joint development efforts with its world-class research laboratory and engineering partners, Biomagnetics Diagnostics now plans to deliver a fully functioning, handheld diagnostic device capable of tuberculosis and cholera detection during the summer of 2010.
Biomagnetics will be working directly with its research laboratory partner to develop an additional bench top prototype unit that will be used as a platform for test cartridge assay development. This bench top prototype should be completed within 90 days of signing of final development contract. Over the subsequent 90 days this prototype will be used at the research laboratory to develop the assays for both tuberculosis and cholera pathogen detection. Biomagnetics currently plans to have fully functioning tuberculosis and cholera pathogen detection capabilities available for commercial sale at the end of this 180-day period.
Over the coming weeks, Biomagnetics management and personnel from the research laboratory partner will be meeting with both the National Tuberculosis Institute and the National Malaria Research Institute units of the Health Ministry of India. The purpose of these meetings is to set up collaborations in development of the malaria specific testing assay and to organize clinical trials for both Tuberculosis and Malaria.
“We are very pleased to announce that we have made significant progress toward organizing our research, engineering and clinical trial partnerships in order to accelerate the timeframe for delivery of the world's first commercially available integrated optical biosensor,” commented Clayton Hardman, CEO of Biomagnetics Diagnostics, Corp. “We believe the availability of this type of diagnostic tool will be instrumental in significantly lowering the costs associated with malaria, tuberculosis, cholera, and HIV/AIDS detection. With this device, personnel with only minimal amounts of training will be able to screen patients in the field for a variety of diseases. Whereas currently available diagnostics technologies and techniques often take days or weeks to produce results, integrated optical biosensors used in the field will be able to deliver results of similar or superior quality in a matter of only minutes and at only a fraction of the current cost.”
Concurrent with the above developmental efforts, Biomagnetics will be working directly with its engineering partner to fully develop the handheld integrated optical biosensor units. This developmental effort is also expected to be completed within 180 days.
Mr. Hardman continued, “While the most important aspect of our developmental and commercialization effort is to save lives and alleviate some of the suffering that takes place among those afflicted with malaria, tuberculosis, HIV/AIDS, and cholera, we wish to meet these objectives while still offering our shareholders significant returns on their invested capital. We believe a fully functioning, simple to use, field deployable, integrated optical biosensor device capable of very rapid and low cost detection of these pathogens and diseases is worth a significant amount to our shareholders. Therefore, we strongly believe our shares are significantly undervalued relative to the strong advancements we have made over the past few months with our research laboratory partner and the very real prospect of delivery of such a revolutionary device over the next 180 day period.”
The Company recently announced it had finalized a “Patent License Agreement with Los Alamos National Security.” Under the agreement, Biomagnetics will have access to the Triggered Optical Biosensor and Integrated Optical Biosensor System (IBOS) technology developed at Los Alamos National Laboratory.
MUSCLE FLEX INCORPORATED (OTC: MFLI)
Muscle Flex Inc. brings new products to market using direct response TV infomercials specializing in the health, fitness, wellness and hygiene sectors. As well, Muscle Flex Inc. develops and creates general television content for network and cable television distribution. Muscle Flex's corporate strategy is to develop new and innovative products for sale and distribution via its proprietary direct response marketing system and the creation of television media and shows for general network and cable broadcast.
March 2 - Muscle Flex® / BRAVADA Calls The Complete Package Pilot and Opening Episode Filming a Complete Success; Two-Minute Sizzle Reel to Be Released
Muscle Flex Inc. (OTC: MFLI) announced that the filming of The Complete Package pilot and opening episode this past weekend was a “complete” success and will release a two-minute sizzle reel from the weekend’s taping of the pilot / opening episode in the coming days to the public. Behind the scenes photos of the filming can be viewed at www.BravadaLtd.com as well as on The Complete Package Facebook page at www.facebook.com/pages/The-Complete-Package/286199975891.
The filming of The Complete Package pilot was a large scale studio production that utilized 5 cameras in the audition area, 3 roving cameras and 2 miniature cams to capture all of the events that transpired during the 2 day audition. Upwards of 50 crew members and support staff helped assemble the multiple staging areas and prepare the cast to deal with the non-stop cavalcade of women of all shapes and sizes vying for a spot to be a finalist in The Complete Package TV reality show. Literally hundreds of hours of footage from the filming is already being edited down to a one hour pilot / opening episode and a two-minute sizzle reel that is to be released to the public in the coming days.
The judging panel was led by The Complete Package creator Danny Alex, who is also the CEO and founder of BRAVADA / Muscle Flex Inc. Danny was joined by judges Bright Riley and Amanda Barajas. The winner of The Complete Package TV reality show will win the “complete” job experience… it’s the “complete” Hollywood experience! A six-figure contract representing Muscle Flex / BRAVADA in advertising, red carpets and other public appearances, photo shoots, special promotions, corporate events as well as giving their smarts in the boardroom. The Complete Package partners are currently engaged in discussions with a number of Los Angeles groups / entities as well as national television networks. Details regarding any developments in this regard shall be provided to investors at a point of time that dictates a material change.
“What happened during the filming of The Complete Package? For that you are going to have to wait, but there are a lot of twists, a lot of turns and a few shocking surprises,” replied Danny Alex, creator of The Complete Package. “It is unlike any reality show anyone has seen and all of the drama coupled with emotionally driven twists and shocking surprises will keep viewers riveted to their screens. The planning for this opening episode and pilot was intense but some incredible TV moments were made. Bill Garnet and Jacque Lueth proved that Wesley Morris Entertainment is a leading edge and highly talented production team at the peak of their game. Ken and Tracy at TLK Fusion proved unequivocally that they have the connections, experience and passion to take things to the next level. I could not say enough about the dozens of competent crew and student assistants that made this huge event possible. And the contestants? They were all absolute troopers to endure such a high pressure and fast paced open casting call audition. Only a handful of the girls that showed up looking for a spot in The Complete Package were successful.”
The final contestant count for The Complete Package was increased from 10 to 16. It was decided to increase the number of contestants to allow for the potential for more episodes for each season as well as provide the expansion of additional content ideas. BRAVADA / Muscle Flex will keep the identities of the contestants for The Complete Package - Season One secret and will disclose the entire final cast in a public release and press conference shortly. Additional contestant and show information shall be provided in the coming days.
Muscle Flex Inc. is in the process of changing its name to Bravada International Ltd. (http://www.BravadaLtd.com), a name that more accurately reflects the company's growing depth of its business affairs. Muscle Flex® will remain an integral part of the company as the health and fitness product and services brand. Muscle Flex / BRAVADA shall provide investors with additional information regarding the formal name change as well as its new CUSIP number shortly. All shares will be exchanged on a 1 for 1 basis. There is no split of any kind whatsoever contemplated by BRAVADA / Muscle Flex Inc.
ABOUT THE COMPLETE PACKAGE™
The Complete Package, a new reality television show that merges Victoria’s Secret style and attitude with “The Apprentice” business savvy, has confirmed its cast of judges. The judging line-up features Danny Alex, as the central judge, joined by Bright Riley and Amanda Barajas, who are joined by celebrity host Manny Streetz, the top Los Angeles On-Air Radio Personality who reaches over 3 million and is known as “Manny on the Streets.” Streetz shares hosting duties with actress Kristyn Green, who plays a recurring role on the USA series, “The Starter Wife.”
“The Complete Package" winner will be selected on the following criteria: Beauty, Business Smarts, Fitness, Fashion Sense, Intellect, Sex Appeal, Confidence, Spirit and Heart.
“Who is ‘The Complete Package’?" Danny Alex offers, “This show will redefine what sexy is in America… and we are looking for all of it!” The 10-15 episode series will incorporate all of the drama, humor and the unexpected that comes when women compete. How does a beautiful woman get prepared for the opportunity of a lifetime? What decisions go into hair, make-up, wardrobe, and attitude to standout from the rest in a Beverly Hills, 90210 setting? What interaction takes place when they’re living with the competition? Who’s their friend and who’s their enemy?
This is a 24/7 competition never out of the eye of the camera. Special features in the show will include fashion couture on-a-budget, a swimsuit contest, perseverance, endurance, fitness, sales and business acumen, public appearances, and getting real in the ‘must see and hear’ Truth Booth. Each week one contestant will be eliminated until only one winner stands in the spotlight.
PROVISION HOLDING INCORPORATED (OTCBB: PVHO)
Provision Holding, Inc. focuses on the development and distribution of three-dimensional (3D) holographic interactive display systems used primarily for advertising and product merchandising markets in the United States and internationally. The company offers its systems for application in advertising and retail networking systems; electronic transaction terminals; virtual store kiosks; and trade show, and indoor and outdoor visual display units. It also focuses on offering advertising on a media network of its 3D holographic video displays. The company is based in Chatsworth, California.
February 18 -
Provision Interactive Names Ping Mobile to Provide Interactive Mobile Marketing Campaigns
Provision Interactive Technologies, Inc. ("Provision"), a subsidiary of Provision Holding, Inc. (OTCBB: PVHO), a provider of 3D interactive display software and hardware, announced today that it has partnered with Ping Mobile to add a mobile marketing component to its displays. The partnership will allow Provision's 3D Media Center platform to function as an integrated point-of-sale solution in malls, airports and other public locations.
"Mobile marketing serves as both an acquisition and retention tool for retailers and brands," said Curt Thornton, CEO of Provision. "By adding a mobile marketing capability to our 3D holographic displays, we are able to offer our clients a leading-edge technology that will directly result in location-based sales."
Ping Mobile president Shira Simmonds describes how the mix of Provision's 3D Media Centers and mobile marketing benefits brick-and-mortar retailers.
"When consumers respond to a call-to-action in a mall, airport, stadium or other public venue, they can retrieve discount coupons, tickets, vouchers and other printed items from Provision's 3D Media Centers. They can then redeem those offers with the participating on-site retailers. It's one of the most effective uses of mobile marketing, as it reaches consumers in real time, while they're out and about in immediate proximity to the retailer."
Provision's 3D holographic display systems represent a revolutionary technology that provides the projection of full color, high-resolution videos into space, detached from the screen, without any special glasses. Provision is currently the market leader in true 3D consumer advertising display products being implemented by innovative, consumer-focused Fortune 1000 companies.
Ping Mobile provides a complete range of mobile marketing services, including SMS, MMS, IVR, WAP applications and Bluetooth. With an industry-leading focus on consultancy, reporting, data analysis and client services packages, Ping is the mobile marketing agency of choice for clients that have included Warner Brothers, Ford Motor Company, Days Inn, Disney's Soap Channel, Kentucky Fried Chicken, Arby's, Pizza Hut and Hawaiian Airlines.
ABOUT PROVISION INTERACTIVE TECHNOLOGIES, INC.
Provision Interactive Technologies, Inc., a subsidiary of the publicly traded company Provision Holding, Inc. (OTCBB: PVHO), is the leading purveyor of intelligent interactive 3D holographic display technologies, software, and integrated solutions for both commercial and consumer focused applications.
Provision's 3D holographic display systems represent a revolutionary technology that provides the projection of full color, high resolution videos into space detached from the screen, without any special glasses. Provision is currently the market leader in true 3D consumer advertising display products being implemented by innovative, consumer-focused Fortune 1000 companies.
MEDIA GROUP HOLDINGS INCORPORATED (OTCBB: OPMG)
"Up 7.69% in morning trading"
Options Media Group
Holdings, Inc. is an email services provider for on-demand
email marketing to create, send, and track professional
and permission-based email marketing campaigns. Additionally,
Options Media provides precision direct marketing
solutions including email marketing, SMS/mobile marketing,
SMS/keyword marketing, custom lead generation and
creative services. Options Media provides clients
with access to software, hardware, bandwidth, and
exclusive domains and IP addresses, as well as the
ability to upload and manage subscribers, and review
and upload campaigns and track results for a 360-degree
full-service customer marketing solution.
March 1 -
Options Media Group Further Strengthens Product Delivery Platform to Meet Expected Growth
Company Launches WhatCounts® Email-Marketing Platform
Options Media Group Holdings, Inc. (OTCBB: OPMG), a leading email service provider, permission based email, sms/text messaging marketing and mobile social media marketing company, today announced it has made a significant upgrade to its already robust delivery platform with the launch of the newly acquired WhatCounts Email Marketing solution. This upgrade, which consists of the launching of the state of the art WhatCounts® comprehensive e-communications platform, is designed to ensure Option Media will be able to support the growth in traffic and revenues that is expected throughout 2010 and into 2011.
"The implementation of WhatCounts' best in class operating platform offers Options Media's users the utmost reliable and efficient email delivery system on the market," said Mr. Scott Frohman, CEO of Options Media Group. "Management believes that WhatCounts' services offerings provide customers with superior ability to facilitate high traffic of opt-in emails, in order to achieve increased earnings. We believe this is a key addition to Option Media service offerings and a significant step towards adding customers, increasing market share, and improving our overall shareholder value."
WhatCounts' innovative Broadcaster appliance includes the same WhatCounts permission-based email-marketing solution as the ASP offering — a fully integrated lifestyle marketing platform including dynamic content delivery, sophisticated polls and surveys, integrated blogging/RSS capabilities, Video Email system and social media tools.
The newly acquired platform allows Options Media Group's clientele of leading advertising agencies, Fortune 500 companies and users to construct and deliver targeted email campaigns to communicate with existing customers and attract new users to their respective Web sites.
ZANETT INCORPORATED (NASD: ZANE)
"Up 131.51% in morning trading"
Zanett, Inc., an information technology company (IT), provides customized, IT solutions to Fortune 500 corporations, mid-market companies, and classified government agencies involved in homeland defense and homeland security in the United States. It operates in two segments, Commercial Solutions, and Government Solutions. The Commercial Solutions segment provides lifecycle, end-to-end business solutions, including services to initiate, develop, and implement e-business systems; application development; project management; business analysis; architecture design; package customization; testing and quality assurance, and implementation management; and implementation of enterprise resource planning, supply chain management, and customer relationship management systems. The Government Solutions segment provides software and satellite engineering services on government and aerospace satellite, and IT infrastructure contracts. The company was founded in 1992 and is based in New York, New York.
March 4 -
Record Contracts Signed in January & February for Zanett, Over $12 million Among 42 Customers; Healthcare Focus on Target
Zanett, Inc. (Nasdaq: ZANE) announced that it has set an in-house corporate record for contracts closed in the months of January and February 2010. Between the two months, over $12 million dollars in new business has been closed. This amount of revenue is comprised of 42 different customers, with the largest customer being responsible for a $4 million mandate.
HEALTHCARE FOCUS – SOFTWARE PACKAGE
Healthcare was by far the biggest segment of contracts signed for the past 2 months. Zanett recently announced that is has jointly developed a CODS software package (Clinical Online Delivery System) to support standardized, evidence-based order sets at the point of care, arming doctors and clinicians with critical information to improve medication safety and patient care. With this solution, physicians and nurses will be able to spend more time with patients and less time on the charting required of them in creating paper records.
BUSINESS IS BOOMING – U.S. CAPITAL SPENDING UP
Dennis Harkins, President of Zanett, said, "All I can say is... Business is booming...! Throughout the US, corporations are currently hesitant about hiring individuals, due to unknown and unfunded mandates from Washington DC, so they are spending their money on increased capital expenditures. For any corporation out there, Oracle ERP and other IT spending are a natural beneficiary of a reduction in labor force. Here at Zanett, we have 21 great people in our national salesforce, and we are currently accelerating full speed ahead, firing on all 12 cylinders."
IN-HOUSE RECORD CLOSINGS – OLD RECORD TO BE BEAT
Last quarter (Q4 2009) was a record quarter at Zanett as far as contracts closed, with over $13.7 million signed. Zanett management believes that, at this rate, this quarter (Q1 2010) will easily overtake last quarter and be a new in-house quarterly record.
SYSTEMS EVOLUTION INCORPORATED (OTC: SSEV)
"Up 57.14% in morning trading"
Systems Evolution, Inc. (SEVI), a professional services organization, provides computer software development services, computer network support, and contract staff for its clients. The company uses Microsoft and IBM Rational tools to build software and support computer networks. The company’s principal client is the State of Texas government. The company, through its subsidiary, Southwest CMS Technology Services LP and its general partner CMS Associates, LLC (CMS), provides Microsoft and Novell network integration. SEVI operates Next Hire Consultants, Inc. (Next Hire), Houston based staffing firm providing placement services to the infrastructure engineering industry. SEVI’s subsidiaries also include Duration Software, Inc. (Duration), a software development company based in Austin that provided services primarily to State of Texas departments. SERVICES The company had two distinct divisions — the Consulting Division that provides software development and managed network support services, and the Next Hire Consultants Division (NHC) that provides engineering permanent placement services. Consulting Division The company’s consulting division provides software development services using Microsoft .Net and the IBM Rational Unified Process. ‘.NET’ is the Microsoft Web services strategy integrated across the Microsoft platform, whose technology provides the ability to build, deploy, manage, and use connected, security-enhanced solutions with Web services. The IBM Rational Unified Process is an IBM copyrighted process for delivering software development services, using a software engineering implementation framework. The company’s consulting division also provides managed network support services from its network operations center in San Antonio. The company’s managed network support services provide proactive management of network servers and workstations, including application of operating system patches, analysis of available resources, analysis of hardware viability, firewall maintenance, help desk support services, and uptime service level agreements (SLA). Markets and Clients: The company, through its consulting division primarily offers its services in Houston, San Antonio, and Austin. The consulting division’s principal clients are the State of Texas and MedDorna. NHC Division The company’s NHC division provides permanent placement services, with a focus on placement of engineers in the oil & gas and public infrastructure industries. NHC offers, a managed recruiting service that provides ongoing recruiting support for its clients’ internal Human Resource departments. This service provides NHC recruiting professionals and segregated access to the company’s internal candidate database for each client. Markets and Clients: The company, through its NHC division primarily offers its services in SEVI’s Houston office. NHC’s principal clients are Staffing Technologies and Shell Oil USA, Inc. Vendor Partner Programs The company’s third party vendor partners include Microsoft and IBM Rational, each have annual partnership agreements that require vendor certified employees and partner license usage. Competition The company’s principal competitors include: regional consulting firms, such as Perficient Inc. and eLinear Solutions; national consulting firms, such as Answerthink, Inc., Accenture, BearingPoint, Inc., Ciber, Inc., Electronic Data Systems Corporation, and Sapient Corporation; and offshore providers, such as Cognizant Technology Solutions Corporation, Infosys Technologies Limited, Satyam Computer Services Limited, and Wipro Limited. History Systems Evolution, Inc. was incorporated in 1968.
March 4 -
Systems Evolution Names New CEO
Systems Evolution (OTC: SSEV) announced that Charlton Coats has been named as CEO. Mel Robinson, serving as the interim CEO, named a board consisting of Charlton Coats as CEO, Charlie Foster as the Secretary/Treasurer, Harold Zeller, and Mark Silva before resigning his position as the interim CEO. Mel Robinson will continue on at Systems Evolution as the fifth member of the board.
The new board is making shareholder value a top priority for the immediate future. In an effort to provide transparency for their shareholders, the Transfer Agent has been permitted to provide accurate share counts to all shareholders of record. In addition, the board, in good faith to the shareholders, has filed with the Office of the Idaho Secretary of State the reduction of authorized common shares from 10,000,000,000 to 7,500,000,000. A second reduction will be filed when the board establishes the financial position of the company. To further provide transparency, the board is expediting actions to bring pinksheets.com up to date and to be fully reporting as soon as possible. Financials will be posted upon review and approval by the board.
CEO, Charlton Coats said, "We are taking steps that we believe will enhance our shareholder's confidence. With transparency and a reduction in our authorized shares, we believe our shareholder's will begin to get excited about the incredible opportunities that lie ahead of us. We look forward to sharing with our shareholders the forward progress being made with both our subsidiaries Highline Hybrids (highlinehybrids.com) and Hoss Motor Sports (hossusa.com)." He is also quoted as saying, "We ask that our shareholders have patience as we make the transition to a new management and new headquarters in Farmington, Arkansas. We are working as hard as we can to get back on track."
Systems Evolutions, Inc also announces the addition of Chuck Calloway to the company. As an engineer by profession and former vice-president of Tandy Corporation, Calloway brings many years of experience and talent to the organization. He will immediately assume responsibility in the production and marketing of the company's Highline Hydrogen fuel systems.
Highline Hybrid Performance Systems and Hoss Motor Sports are wholly owned subsidiaries of Systems Evolutions, Inc.
CHROMOCURE INCORPORATED (OTC: KKUR)
"Up 50.00% in morning trading"
ChromoCure develops and provides proprietary cancer detection systems. The Company owns its technology and provides its systems on a revenue sharing basis. The Company's proprietary ChromoCure CS200 Chromosomal Scanner system measure the unique genomic characteristic found in 100% of all cancers and never found in normal cells. The Company believes its technology has an effective accuracy of 100% for all cancers at all stages. The Company believes its technology superior and will become the gold standard for cancer detection worldwide. The Company's technology and cancer expertise also suggest non-toxic and non-invasive approaches to cancer therapy and cure research. The Company will release progress reports on these initiatives from time to time.
March 4 -
ChromoCure Gains More Industry Support as Its Technology Shown Superior to 'Biomarkers,' Biomarker Assays Diagnostics 'Not Produced Hoped-For Results'
ChromoCure, Inc.’s (OTC: KKUR) role in Cancer Detection and Research received more support from a report of the Cambridge Healthtech Institute's (CHI) "Biomarker Assay Development" conference held in late January in San Diego.
As reported in the March issue of Genetic Engineering & Biotechnology News (Vol. 30, No. 5): "pathway biomarkers have not produced hoped-for results in predicting patients' tumor sensitivity to targeted therapy"... and "[the] technologies also have not lived up to expectations."
Research has conclusively and irrefutably demonstrated aneuploidy as a more accurate predictor of cancer than cytological/histological analysis or genetic marker-based diagnostics that are the only other methods in existence today. ChromoCure's systems measure aneuploidy as the sole means of detecting cancer presence and measuring cancer progression. The system has a 100% effective accuracy rate.
Biomarkers, when supposedly 'effective,' detect either specific proteins generated by cancer, or a genetic anomaly. BOTH of these effects are products of aneuploidy and BOTH effects are transient due to the evolutionary, ever-changing aspect of aneuploidy. The correlation of 'markers' to the presence of cancer is an effect of the ever-changing chromosomal structures. That's why 'biomarker' approaches are not reliably effective and eventually become completely ineffective. Also of note: the transitional nature of chromosomal imbalance is the reason cancer eventually becomes 'immune' to chemotherapy. The drug targets a certain type of cell configuration. That configuration is momentary in the progression of aneuploidy (cancer). The configuration is also only a PORTION of the population of cells with aneuploidy. Detection of specific aspects of the cancer population is inaccurate and not reliable, as so much was admitted at the CHI conference. Therefore, detection of aneuploidy is 100% effective. It is this unique aspect of cancer present at all stages and in all cancers that is detected by the company's systems.
The Company's proprietary Chromosomal Scanner systems have proven accurate and efficient in the measurement of the unique genomic characteristic found in 100% of all cancers and never found in normal cells. The Company's detection technology has been proven to have an effective accuracy of 100% for all cancers at all stages. This is superior to biomarker detection in every measurable way. The Company recently published its collaborative clinical testing with a major cancer clinic.
The Company's focus on cancer research is further underscored by recent major clinical publications that both validate ChromoCure's chromosomal/aneuploidy theory of cancer and establish the company's detection approach as the forefront of both cancer detection and research.
The company's technology and related research opens the way for non-invasive and non-toxic solutions to cancer therapeutics and disease eradication. ChromoCure's scanner technologies include proprietary designs, processes, and algorithms centered on chromosomal imbalance. They provide the foundation for significant advantages in delivering important results in diagnosis, therapy and cure.
The Company invites industry and scientific collaboration through its "Project Boveri: Find the Cure" initiative.
UNIVERSAL DETECTION TECHNOLOGY (OTCBB: UNDT)
"Up 20.83% in morning trading"
Universal Detection Technology is a developer of monitoring technologies, including bioterrorism detection devices. The company on its own and with development partners is positioned to capitalize on opportunities related to Homeland Security. For example, Universal Detection Technology, in cooperation with NASA, has developed a bacterial spore detector that detects certain biohazard substances. The company is also a reseller of handheld assays used for detection of five bioterrorism agents, radiation detection systems, and antimicrobial products.
March 4 - Universal Detection Technology Receives Purchase Order From the U.S. Army for Bioterrorism Detection Equipment
U.S. Army Submits Purchase Order for UNDT's 5-Agent Detection Kits and Equipment for the Detection of Ricin and SEBs
Universal Detection Technology (OTCBB: UNDT), a developer of early-warning monitoring technologies to protect people from bioterrorism and other infectious health threats, and provider of counter-terrorism consulting and training services, reported today that it has received a purchase order from the U.S. Army for its bioterrorism detection equipment. The purchase order includes orders for UNDT's 5-agent detection kits as well as equipment for the detection of Ricin and Staphylococcal enterotoxin B (SEB).
The order was placed in the wake of an independent congressional report admonishing the U.S. government for failing to respond to the growing, serious threat of bioterrorism.
The report, issued in January by the bipartisan Commission on the Prevention of Weapons of Mass Destruction Proliferation and Terrorism, gave the government an "F" letter grade for failure to "enhance the nation's capabilities for rapid response to prevent biological attacks from inflicting mass casualties."
"We are proud to be a supplier to the U.S. Army and to be a repeat vendor," said Jacques Tizabi, CEO of Universal Detection Technology. "We will continue to market our bioterror detection equipment to all government organizations and we will continue to expand the range of anti-terror products that we offer," continued Tizabi.
GOIP GLOBAL INCORPORATED (OTC: GOIG)
"Up 18.31% in morning trading"
GoIP Global, Inc. operates as a mobile media company in the United States. Its products and services offer access to news, entertainment, products, and services through wireless devices. The company primarily offers GoIP Inform, a Web-based text messaging management application, which enables organizations to create, manage, and send text messages directly to their members, customers, or employees via an opt-in text message subscription service. It has a strategic alliance agreement with Ping Mobile to develop, market, and sell mobile media service-oriented architecture products. The company is based in New York, New York.
February 22 - Go800™ Launches Website
Website Operational Less Than One Week Brings Serious Advertiser Response
GoIP Global, Inc. (OTC: GOIG) announced that its subsidiary Go800, LLC's new website, www.go800corp.com, was launched last week and has received an overwhelming response from the advertising community. Mr. Ike Sutton, CEO of GoIP Global, stated today, "Go800's initial website was launched last week and we are thrilled with the enormous amounts of inquiries already received. We are at the very brink of the beginnings of a new revolution in the way Companies advertise their services through our leased Voice Keywords. This new text service for Advertisers is in its infancy and we here at GoIP Global are extremely optimistic about what the future holds for our Company and shareholders alike."
"Go800 has also launched the Ambassador Program which allows individuals to become Go800's Sales and Marketing Ambassadors, earning a revenue share on all Voice Keywords leased. Interested individuals can sign up directly on www.go800corp.com. The first online instructions for Ambassadors will be on March 2, and we are anticipating the over 100 Ambassadors to participate."
"In regards to Pink Sheet status, GoIP Global has submitted online all the requested Information Filings to Pink Sheets and anticipates Pink Sheets to upgrade the Company classification shortly."
ABOUT GOIP GLOBAL, INC.
GoIP Global offers a range of services, solutions and tools for brands, agencies, content providers, online portals, entertainment and media companies. GoIP has both creative experience and the technical knowledge to connect mobile marketers with their audiences by means of interactive campaigns and mobile content distribution. GoIP Global offers brand and content customers great flexibility in creating mobile marketing campaigns and applications.
MEDCLEAN TECHNOLOGIES INCORPORATED (OTCBB: MCLN)
"Up 20.33% in morning trading"
MedClean Technologies Inc. (MCLN), formerly Aduromed Industries Inc., provides solutions for managing medical waste onsite, including designing, selling, installing and servicing on site (in-situ) turnkey systems to treat regulated medical waste. The Company provides these systems to hospitals and other medical facilities as efficient, safe, cost effective and legally compliant solutions to incineration, off site hauling of untreated waste and other alternative treatment technologies and methodologies. MCLN's principal products are the MedClean series systems. Also effective January 2, 2009, the Company merged its former wholly owned subsidiary, Aduromed Corporation (Aduromed), with and into the Company.
March 4 -
MedClean Technologies Announces Record 2009 Financial Results
Revenue Increases 21.4%, Gross Margin Improves 170% Driving Improved Operating Results
Company Generates Net Income, Exclusive of Non-Recurring Charges, for 2H 2009
MedClean Technologies, Inc. (OTCBB: MCLN) announced financial results for the Company's year ended December 31, 2009.
* Full-year revenue increased 21.4% to $2.5 million from $2.1 million last year.
* Gross margin increased to 50.3% from 18.6% for FY 2008.
* Net loss for the year was $(5.4) million, or $(0.01) per share vs. a loss of $(7.8) million, or $(0.03) per share last year.
Full Year Financial Results
The Company reported revenue of $2.5 million, an increase of 21.4% compared to $2.1 million for the year ended December 31, 2008. Gross profit for 2009 was $1.3 million, or 50.3% profit margin, compared to gross profit of $390,000, or 18.6% profit margin, in the prior-year period. The increase in gross margin represents a 170%, or 3,170 basis point improvement. Net loss for the full-year was $(5.4) million, or $(0.01) per share, compared to a net loss of $(7.8) million, or $(0.03) per share for the same period in 2008.
In addition, operations for the second half of 2009, July 1, 2009 through December 31, 2009, net of one-time severance fees $(200,000), one-time stock based finance fees related to the Socius financing transaction $(619,389) and legal/professional fees not related to operations $(33,000) resulted in earnings, excluding these non-recurring costs of $36,149. Cash used in operations averaged $288,000 per month for the first six months of 2009, while cash used in operations was reduced to an average of $30,000 per month for the second six months of 2009. The reduction in cash usage was a result of cash received from increased sales and improved margins coupled with strong expense management.
"During 2009, the company took measures to reduce non-essential operating expenses through staff reduction and the outsourcing of certain business functions," said David Laky, MedClean's President and Chief Executive Officer. "The net effect of the expense reduction programs and business restructuring began to take effect in the second half of 2009 as evidenced by our results. We have positioned MedClean to capitalize on the many opportunities available for growth in the more than $4 billion annual U.S. market for medical waste disposal and confidential document destruction. Our strategy resulted in revenue growth, higher gross margins, and improved operating results driven by effective operational management."
"We believe that as healthcare institutions increasingly look for ways to reduce costs and address environmental issues, MedClean will deliver solutions that meet these objectives," added Mr. Laky. "To enhance our ability to do so, the Company secured a $7.5 million capital commitment, which will allow us to accelerate our growth through direct sales and a focused distribution network of partners. We expect to become the leader in the onsite treatment and disposal of regulated medical waste and HIPAA document destruction. We believe that today we have a differentiated business model, experienced management team, ground breaking technology, balanced distribution channels and access to capital to achieve our objective of more than 100% compounded annual growth over the next five years while achieving 40% to 50% EBITDA. MedClean's differentiated business model, featuring capital purchase, lease, and rental solutions, is generating significant interest from both end-users and distribution partners, which has translated into significant potential sales activity and a pipeline with a strong recurring revenue component. We have also activated our new product development program, which will deliver a solution appropriate for some 200,000 targets in the underserved market segment of healthcare institutions and providers generating less than 100,000 pounds of medical waste annually. We are excited about the opportunities in 2010 and beyond as we believe that the Company has the right products, marketing strategy and management team to become a leader in the industry."
Fourth Quarter Financial Results:
The Company reported revenue of $219,000 for the fourth quarter of fiscal 2009, an increase of 53% compared to $143,000 for the fourth quarter last year. Gross profit for the fourth quarter of 2009 was $111,000, or 50.9% profit margin, compared to gross profit of $(259,000), or (181%) profit margin, in the prior-year period. Net loss for the fourth quarter was $(1,138,696), or $(0.00) per share, compared to a net loss of $(3.5) million, or $(0.01) per share for the same period in 2008.
"We are pleased with our accomplishments in 2009, a year of transformation that created the foundation for the company to leverage new capital to accelerate growth and exceed our objectives over the next five years," commented Mr. Laky.
Strengthened Business Model
* Through expense reduction and restructuring the management team, the Company lowered break-even levels, setting the stage for investing capital into revenue-generating activities and for the continued development of new, exciting solutions that expand its market opportunity.
* MedClean introduced new equipment acquisition options. Customers can now acquire MedClean products without capital outlay. The Company's new rental and usage programs eliminate lengthy procurement processes and provide the Company with the basis for a strong recurring, predictable, revenue model year over year.
* MedClean strengthened the balance sheet through securing a $7.5 million commitment from Socius Life Sciences Capital Partners. Under this agreement, the Company may sell Series C Preferred Stock over a two-year period. The proceeds are expected to be used for revenue generating activities and support the Company's entry and growth into new emerging markets.
* The Company took the steps required to protect its unique product distinctions. MedClean is in the patent process for the protection of product distinctions unique to the containerized process for the sterilization and destruction of regulated medical waste, including sharps and confidential documentation. The Company is engaged in the same patent process to protect the efficacy protocol which governs the treatment cycle during the sterilization process in a very efficient manner and timeframe.
Expansion into target markets
* MedClean was approved to proceed with sales and installation efforts in New Jersey following a joint authorization issued by the state Department of Environmental Protection and Department of Health and Senior Services. This approval now positions MedClean with the ability to offer their new guaranteed savings program to facilities in every state in the U.S.
* The Company completed the sale and installation of a service bureau configuration on the island of Puerto Rico. The service bureau configuration demonstrates the scalability of the MedClean solution and positions the company as a provider for similar configurations domestically and in the target rich international market.
* The Company continued to develop its Group Purchasing Organization (GPO) network to ensure rapid acceptance of the company's ground-breaking technology. As an example, MedClean is the only onsite medical waste disposal solution certified by MedAssets, a GPO that provides services to improve operating margins and to decrease supply expenses for over 1,500 healthcare provider organizations nationwide.