Tuesday, November 4th
GCHK, BSTI, PHFB, PGOG, MVSR
GPCB, MEMY, MECA, WWAT, SCLD, GENR
Our Stocks to Watch today include GreenChek Technology Inc. (OTCBB: GCHK), Brite-Strike Tactical Illumination Products Inc. (OTC: BSTI), Phantom Fiber Corp. (OTCBB: PHFB), Perf Go Green Holdings Inc. (OTCBB: PGOG), Medivisor Inc. (OTC: MVSR), GPC Biotech AG (Nasdaq: GPCB), Memory Pharmaceuticals Corp. (Nasdaq: MEMY), Magna Entertainment Corp. (Nasdaq: MECA), WorldWater & Solar Technologies Corp. (OTCBB: WWAT), SteelCloud Inc. (Nasdaq: SCLD) and Genaera Corporation (Nasdaq: GENR).
GREENCHEK TECHNOLOGY INCORPORATED (OTCBB: GCHK)
"Up 2.78% in morning trading"
GreenChek Technology, Inc. manufactures and distributes hydrogen injection technology devices that primarily focus on mobile transportation applications and industrial generative power applications. It also provides mobile greenhouse gas emissions reduction technology. The company's Onboard Hydrogen Generation and Injection technology is used for emissions reduction technology and fuel economy enhancement in trucks, locomotives, and automobile engines. It has operations in the United States, Canada, Asia, and Europe. The company, formerly known as Ridgestone Resources, Inc., was founded in 2006 and is headquartered in San Francisco, California.
November 4 -
GreenChek Announces Plans for European Implementation on the Heels of Major LOI Announcement
GreenChek Technology Inc. (OTCBB: GCHK), a leading globally focused provider of hydrogen based technology for mobile transportation and stationary power generation applications, is pleased to announce that we are aggressively preparing for implementations now that we have closed the recent LOI signed to form a Strategic Alliance with a world-class and world-renowned distributor Technical Environmental Solutions Europe Ltd. (TESEL).
GreenChek manufactures an emission reducing device simply known as the ERD 1.0, which can be retrofitted to any vehicle or combustible engine regardless of fuel source. This device reduces vehicle emissions as well as increases fuel economy.
“We are pleased with the ongoing discussions with TESEL, but more importantly we are excited about being able to quickly move towards our strategic implementation sales targets in Europe,” said GreenChek’s President and Chief Executive Officer Lincoln Parke. “As such, we are completing our discussions regarding our initial European installs.”
BRITE-STRIKE TECHNOLOGIES INCORPORATED (OTC: BSTI)
"Up 8.57% in morning trading"
Brite-Strike Tactical Illumination Products, Inc. was started by two police officers to create world-class tactical LED flashlights that had the features that police officers and citizens need to keep them safe. Brite-Strike makes a promise to always use the latest technology, world-class components, highest design and manufacturing standards, so consumers can rely on Brite-Strike products when they are needed.
October 6 -
Brite-Strike Tactical Illumination Products, Inc. Receives Solar Product Patent
Brite-Strike Tactical Illumination Products, Inc. (OTC: BSTI) announced that it and Glenn Bushee, President of the Company, were awarded US Patent No. 7,350,692, for a Solar Powered Mailbox/Driveway Lamp. The product, the first commercial product the company has developed which utilizes LED lighting powered exclusively by small solar panels, will be introduced in 2009. The Company plans on developing and distributing products which have the potential to revolutionize the use of LED lighting in this country, through a wholly owned division, Brite-Strike Technologies.
"This product will be our first entry that marries the energy efficiency of LED light with the portability of solar," said Glenn Bushee, President of Brite-Strike. "The technology we developed for our revolutionary tactical flashlights has direct applications for many lighting applications, as we can produce a light far brighter than those currently available in the marketplace. LED lights only use 5% of the equivalent energy of incandescent lights, with almost no heat, so developing products utilizing this technology can make major inroads in cutting energy consumption in this country. Our first product will be of the highest quality, and will function as a driveway lamp with mailbox light, address number lights, and an optional motion-activated light with camera-all powered by solar, with no external wiring required. It will offer incredible value for the consumer. We have other more significant products which we are working on, which will be announced in the weeks to come," said Mr. Bushee.
PHANTOM FIBER CORPORATION (OTCBB: PHFB)
"Up 10.00% in morning trading"
Phantom Fiber Corporation is a leading developer of wireless platform software that enables its customers to deliver high-performance applications across global communications networks to mobile users. The company's wireless platform extends the rich multimedia content and user experience of existing Internet web sites securely and instantly to over 1,500 mobile devices including cellular phones and PDAs. This platform is already deployed to most segments of the global gaming industry and can be used by enterprises seeking to implement high performance mobile applications in such markets as: remote video surveillance; banking and brokerage applications; as well as the logistics and distribution markets. Visit www.phantomfiber.com for more information about Phantom Fiber.
October 30 -
Mahjong Time Signs a Multi-Year Contract With Phantom Fiber Corporation to Create a Mobile Extension to Their Leading Online Mahjong Gaming Platform
Mahjong Time, the leading software provider for the online mahjong gaming community, announced a multi-year contract with Phantom Fiber Corporation (OTCBB: PHFB), a leading wireless transaction enablement company specializing in the gaming and entertainment sector. Under the terms of the deal, Phantom Fiber will receive an integration fee and will then share in the ongoing revenue generated from the mobile subscribers.
The integration will allow Mahjong Time to continue delivering the functionality, graphics and speed that users have come to expect from their industry leading software platform and internet offering to over 1,000 handset types. In addition to this, the mobile extension will also offer features that have established Mahjongtime.com as the number one online Mahjong community; these features include multiple game types, multiple languages, practice play, and tournament play. The mobile product will operate on hundreds of device types including Java phones, Apple iPhone, Blackberry, Palm, Microsoft Pocket/PC and Smartphone based handheld devices from anywhere in the world.
"We are quickly being recognized as the dominant mahjong provider in the online arena and we have a strong brand in the Asian market, but I think we all realize that the Asian market is a very mobile and technical savvy geographic area," said William Sutjiadi, CEO of Mahjong Time. "We knew it was a matter of time before we would have to provide a mobile solution. Choosing Phantom Fiber was easy. Their ability to provide the only mobile solution that works globally, their unprecedented support for handsets, and most of all their experience in mobile multi-user environments will ensure the success of this project."
Jeff Halloran, Chairman & CEO of Phantom Fiber, stated, "This agreement has a number of benefits for Phantom Fiber. We recognize the magnitude of the Asian market and their passion for Mahjong. Extending the premier Mahjong platform to a mobile environment will extend Phantom Fiber's reach into those markets. Our multi-user experience from the gaming space and our ability to support multiple languages also blends nicely with our technology. We have been talking with Mahjong Time for some time and have watched them grow in popularity and have some great successes. We are glad the time is right to work with Mahjong Time and share in those successes."
The solution will provide the game content in a number of formats. The player can play against the computer or fully interact with the online community. By using the same login credentials as the internet, a player can search for friends who may be playing online via the internet and join the same games and contests as any other internet player, only from their mobile device.
ABOUT MAHJONG TIME
Founded in 2004, Mahjong Time is a San Diego-based company that is the premier provider of mahjong software and complete turnkey solutions. The Mahjong Time in-browser platform is available in seven languages and provides multiple mahjong rules sets that appeal to the needs of discerning players worldwide. Offered features include advanced subscription and tournament play, and Web 2.0 capabilities that allow players greater connectivity including the ability to establish multiple "friend" networks and to create private game rooms.
Mahjong Time is the exclusive online tournament partner of the annual World Series of Mahjong. The company is also involved in a strategic partnership with Cryptologic, the leading public developer and supplier of Internet gaming software. For more information, visit www.mahjongtime.com.
PERF GO GREEN HOLDINGS INCORPORATED (OTCBB: PGOG)
"Up 7.69% in morning trading"
Perf Go Green Holdings, Inc. is engaged in the creation and global marketing of 100% eco-friendly, non-toxic, food-contact-compliant, biodegradable plastic products. All Perf Go Green products are made from recycled plastics and completely break down in landfill within two years, leaving no toxic or visible residue, as compared to other plastics that take hundreds of years. Perf Go Green’s corporate name reflects its “Go Green” mission to develop, market and distribute biodegradable plastic products as a practical and viable solution to eliminating plastic waste from the world environment.
October 28 - Perf Go Green Adds Leading Supermarket Chain Hy-Vee, Inc. to Distribution Network
Perf Go Green Holdings, Inc. (OTCBB: PGOG) (“Perf Go Green”), a marketer and distributor of biodegradable plastics, announced a distribution agreement with Hy-Vee, Inc. One of the top 30 supermarket chains in the U.S., Hy-Vee operates more than 224 retail stores in the Midwest.
“Our agreement with Hy-Vee is another sign of the overwhelmingly enthusiastic reception retailers are giving our biodegradable plastic bags,” said Perf Go Green Chairman and CEO Tony Tracy. “We're especially excited about this new partnership because Hy-Vee is well-known for its commitment to sustainability and its leadership in bringing health and wellness to mainstream consumers. Perf Go Green's earth-friendly products offer a meaningful way for consumers, companies and their employees to reduce their environmental footprint.”
Perf Go Green will begin shipping its 13-gallon kitchen trash bags and its 30-gallon lawn and leaf bags to Hy-Vee in November 2008.
Founded in 1930, Hy-Vee, Inc. is an employee-owned corporation operating more than 224 retail stores in seven Midwestern states. For 2007 the company recorded total sales of $5.6 billion, ranking it among the top 30 supermarket chains and the top 50 private companies in the U.S.
Founded in November 2007, Perf Go Green premiered at the March 2008 International Home and Housewares Show in Chicago, where its products received an honor for their design quality and innovation. Perf Go Green is proud to be part of the nation's “go green” movement, which is poised to become a $500 billion market by 2009, according to Landor Associates.
Perf Go Green products incorporate recycled plastics that are combined with an Oxo-Biodegradable proprietary application method to produce the film for its bags. Based on environmental claims statements made by the manufacturer of the Oxo-Biodegradable applied to our bags, when discarded in soil and exposed to the presence of microorganisms, moisture and oxygen, we believe Perf Go Green products biodegrade within two years, decomposing into simple materials found in nature much faster than regular plastics, which can take hundreds of years to break down. Through this process and the use of recycled plastics, Perf Go Green effectively removes plastic waste from the environment. In addition, Perf Go Green trash bags utilize a unique patented dispensing system that stores the bags on the bottom of trashcans and dispenses them one at a time, similar to a tissue box.
MEDIVISOR INCORPORATED (OTC: MVSR)
Medivisor, Inc. provides medical information to healthcare professionals, primarily physicians, through its Web sites, using inter-active, informational, and video and graphic presentations. It also focuses on offering Web site services to various industries seeking direct access to physicians, including providers of continuing medical education courses; sponsors of medical conferences and seminars; and pharmaceutical companies, using an online marketing format known as e-detailing. The company was founded in 2002 and is headquartered in Huntington Station, New York.
October 15 - Medivisor, Inc. Signs Additional Agreement for Distribution of 'Maximum Energy Shot'; Terms Include $500,000 Minimum Orders for Renewable Contract
Medivisor, Inc. (OTC: MVSR), developer of next-generation focus driven marketing tools, announced today that it has entered into an agreement with Stack-It Distributors, Inc. for the distribution of its newly announced energy drink, Maximum Energy Shot. Medivisor has retained Stack-It Distributors, Inc. to distribute its energy drink, and Stack-It Distributors Inc. is to provide minimum orders of $500,000 for an annually renewable contract. The agreement with Stack-It Distributors is substantially similar to Medivisor's previously announced agreement with Market Quest USA.
"Industry dynamics are changing at a rapid pace and the opportunity to enter into the fastest growing segment of the beverage industry, energy drinks, along side of Medivisor, Inc. is a great opportunity," stated Stack-It President Robert Kaible. "We share common vision and values and expect the brand, Maximum Energy Shot, to be a sales success."
Stack-It Distributors, Inc. is a full-service distribution company committed to being the beverage distributor of choice in the Northeast, sustaining profitable growth for the brands it represents. Headquartered on Long Island, NY, Stack-It prides itself on providing remarkable service to its customers and providing a great culture for its teammates.
GPC BIOTECH (NASDAQ: GPCB)
"Up 70.51% in morning trading"
GPC Biotech AG is a publicly traded biopharmaceutical company focused on anticancer drugs. GPC Biotech's lead product candidate is satraplatin, an oral platinum compound. The Company has various anti-cancer programs in research and development that leverage its expertise in kinase inhibitors. GPC Biotech AG is headquartered in Martinsried/Munich (Germany) and has a wholly owned U.S. subsidiary in Princeton, New Jersey.
October 27 -
GPC Biotech Presents New Pre-Clinical Data on RGB-286638 Broad-Spectrum Kinase Inhibitor at EORTC-NCI-AACR Meeting
GPC Biotech AG (Nasdaq: GPCB) (Frankfurt Stock Exchange: GPC) reported that pre-clinical data on RGB-286638, the Company’s multi-targeted protein kinase inhibitor, were presented at the 20th EORTC-NCI-AACR Symposium: Molecular Targets and Cancer Therapeutics in Geneva, Switzerland in a poster entitled, “RGB-286638 is a novel multi-targeted protein kinase inhibitor with activity in chronic myelogenous leukemia (CML) models,” (Abstract #578). The data presented demonstrate that the RGB-286638 small molecule has potent activity against chronic myeloid leukemia (CML) in in vivo models that are resistant to imatinib (Gleevec®) and to dasatinib (Sprycel®), the current standards of care for treating this form of cancer. Additionally, RGB-286638 has been shown in vitro to be active against a number of families of protein kinases that are important for the proliferation of cancer cells. RGB-286638 is expected to enter Phase 1 clinical testing this year.
“The data presented today support the potential utility of RGB-286638 against some hematological malignancies,” said Martine George, M.D., Senior Vice President, Drug Development and Chief Medical Officer of GPC Biotech. “We are particularly excited to see the strong effect that RGB-286638 has against Gleevec- or Sprycel-resistant tumor cells. These data are supportive of our clinical plans for RGB-286638: We expect to initiate a Phase 1 trial in solid tumors in the near future, followed by a study in hematological tumors, including CML, during 2009.”
RGB-286638 is a multi-targeted protein kinase inhibitor. The RGB-286638 compound has been shown in cancer cells to lead to the inhibition of cell cycle progression, the process that controls cell division and ensures the accurate duplication of genetic material, by targeting all relevant cyclin-dependent kinases, which are proteins involved in regulating the cell cycle. RGB-286638 has also been shown to induce apoptosis (programmed cell death) and to inhibit other major protein kinases that are important for the proliferation of cancer cells. In a range of pre-clinical models of solid and hematological tumors, RGB-286638 treatment results in tumor regression and increased survival. RGB-286638 is expected to enter human clinical trials in 2008.
MEMORY PHARMACEUTICALS CORPORATION (NASDAQ: MEMY)
"Up 46.73% in morning trading"
Memory Pharmaceuticals Corp., a biopharmaceutical company, focuses on the discovery and development of drug candidates for the treatment of central nervous system conditions. It offers drugs for neurological diseases associated with aging, such as Alzheimer's disease, as well as psychiatric disorders, such as schizophrenia, cognitive impairment associated with schizophrenia (CIAS), and depression. The company's products include MEM 1003, a neuronal L-type calcium channel modulator that is in phase II clinical trials for the treatment of Alzheimer's disease and bipolar disorder; and nicotinic alpha-7 agonists, including MEM 3454, a phase IIa clinical trial product and MEM 63908, a phase I clinical trial product for the treatment of Alzheimer's disease and CIAS. Its products also comprise PDE4 inhibitors, including MEM 1414, a phase I clinical trial program, as well as MEM 1917 for CNS disorders and depression; PDE10 Inhibitor program; and 5-HT6 Antagonists for the treatment of Alzheimer's disease, schizophrenia, attention deficit disorder, and obesity. The company has collaborations with F. Hoffman-La Roche, Ltd. for the development of nicotinic alpha-7 agonists; and Amgen, Inc. for the development of PDE10 inhibitors. In addition, it has a development agreement with The Stanley Medical Research Institute to develop MEM 1003 as a treatment for bipolar disorder. The company was founded in 1997 and is based in Montvale, New Jersey.
October 31 -
Memory Pharmaceuticals Granted Extension to Comply with NASDAQ Listing Requirements
Memory Pharmaceuticals Corp. (Nasdaq: MEMY) announced that the NASDAQ Listing Qualifications Panel has granted the Company's request for an extension until December 3, 2008 to comply with the NASDAQ Capital Market minimum market capitalization requirement of $35 million or the alternative requirement of $2.5 million in stockholders' equity in order to remain listed. There can be no assurance that the Company will achieve compliance by the specified deadline.
MAGNA ENTERTAINMENT CORPORATION (NASDAQ: MECA)
"Up 23.14% in morning trading"
Magna Entertainment Corporation (MEC), North America's largest owner and operator of horse racetracks based on revenue, develops, owns and operates horse racetracks and related pari-mutuel wagering operations, including off-track betting facilities. MEC also develops, owns and operates casinos in conjunction with its racetracks where permitted by law. MEC owns and operates AmTote International, Inc., a provider of totalisator services to the pari-mutuel industry, XpressBet®, a national Internet and telephone account wagering system, as well as MagnaBet™ internationally. Pursuant to joint ventures, MEC has a fifty percent interest in HorseRacing TV®, a 24-hour horse racing television network, and TrackNet Media Group LLC, a content management company formed for distribution of the full breadth of MEC's horse racing content.
November 3 -
Magna Entertainment Corp. Announces Termination of Agreement to Sell Excess Real Estate
Magna Entertainment Corp. (Nasdaq: MECA) (TSX: MEC.A) ("MEC" or the "Company") announced that its agreement to sell approximately 489 acres of excess real estate located in Ocala, Florida to Lincoln Property Company and Orion Investment Properties, Inc. for a purchase price of $16.5 million cash has been terminated by the prospective purchasers. MEC still intends to sell the Ocala property and will re-initiate its marketing efforts.
WORLDWATER & SOLAR(OTC BB: WWAT.OB)
in morning trading"
WorldWater & Solar Technologies Corp. is a full-service solar electric engineering, design and water management company with unique, high-powered and patented solar technology providing solutions to a broad spectrum of electricity and water supply problems. ENTECH, Inc., a subsidiary of WorldWater, is a high-technology solar energy company specializing in patented solar concentrating and PVT systems. ENTECH’s systems can produce electrical output, a combination of electricity and thermal energy or thermal energy alone. Commercial applications vary in size from one kilowatt remote power units to large, multi-megawatt utility power plants.
November 3 -
WorldWater & Solar Technologies to Host Third Quarter Conference Call on November 10, 2008
WorldWater & Solar Technologies Corp. (OTCBB: WWAT), developer and marketer of proprietary high-horsepower solar systems, today announced that it will host a conference call at 10:00 a.m. Eastern on November 10, 2008 for the third quarter ended September 30, 2008. Earnings will be issued before the market opens that day, and the filing of the company’s results with the SEC on Form 10-Q will follow. During the call, Frank Smith, CEO, will review the company’s operations and financial results. The telephone number for the conference call is 617-614-4909, conference ID #81086229. A live webcast of the call will also be available on the company's website, www.WorldWater.com.
The webcast will be archived on the site, and investors will be able to access an encore recording of the conference call for thirty days by calling 617-801-6888, conference ID #26432284. The encore recording will be available two hours after the conference call has concluded.
STEELCLOUD INCORPORATED (NASDAQ: SCLD)
"Up 19.35% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/SCLD.php
SteelCloud is a developer and manufacturer of compliance-based technology solutions. SteelCloud designs and manufactures specialized servers and appliances for federal integrators, software vendors and volume users. For both the government and commercial markets SteelCloud delivers integration services and software focused on risk management and network management solutions. SteelCloud's ISO 9001:2000 certified Quality Management System provides procedures for continuous quality improvement in all aspects of its business. Over its 20-year history, SteelCloud has won numerous awards for technical excellence and customer satisfaction.
November 4 - Joint Venture Initiates Global Thrust for SteelCloud's Appliances for the BlackBerry Enterprise Solution
SteelWorks® Mobile is Now Available in the Middle East and Africa Markets
SteelCloud, Inc. (Nasdaq: SCLD), a developer and manufacturer of compliance-based technology solutions, announced that it has formed a joint venture, SteelCloud Middle East & Africa Free Zone Company (SteelCloud MEA FZCO), with XSAT FZE, a telecommunication services company based in the United Arab Emirates. SteelCloud MEA, focused on the Middle East and Africa, will market and support SteelWorks® Mobile appliances developed for BlackBerry® Enterprise Server from Research In Motion (Nasdaq: RIMM) (TSX: RIM).
"Although ubiquitous throughout most of the world, the BlackBerry solution is still relatively new to the Middle East and Africa," said Robert E. Frick, CEO of SteelCloud. "Our joint venture, based in Dubai, allows us to take full advantage of these dynamic new international markets. We believe our SteelWorks® Mobile appliance is perfectly positioned to allow new customers to quickly implement a BlackBerry® Enterprise Server environment. Partnering with a local and trusted partner, through this joint venture, is the most effective way to penetrate these markets and provide customers with on-site sales and technical support."
"We are very excited to partner with SteelCloud to expand their appliance business for BlackBerry customers internationally," said Gleb Larionov, XSAT General Manager. "With our knowledge, experience, and presence in the Middle East and African markets, we can facilitate the growth of the SteelWorks® Mobile appliance sales. There are limited BlackBerry technical resources available in our markets so we believe that SteelWorks® Mobile, with its greatly simplified approach to installation and support, is perfectly positioned to help drive the adoption of the BlackBerry Enterprise Solution."
Initiating their strategic joint venture, SteelCloud and XSAT attended the 8th annual GITEX TECHNOLOGY WEEK 2008 in Dubai, UAE in October. GITEX, one of the top IT events in the region, builds upon the global interest in the Middle East's information and communication technology (ICT) free zone by offering a week of dedicated trade segments. Focusing on the region's fastest growing technology sectors, GITEX delivers focused forums for key buyers, decision-makers, and suppliers from across the Middle East.
ABOUT THE STEELWORKS® MOBILE FAMILY OF BLACKBERRY APPLIANCES
SteelWorks® Mobile and FedMobile are appliances that integrate high performance server hardware, Windows Server 2003, and the BlackBerry® Enterprise Server software into a plug & play solution that provides customers with implementation of a BlackBerry Enterprise Server environment in less than 30 minutes. Microsoft® Exchange, IBM Lotus® Domino® or Novell GroupWise® email systems are supported in every SteelWorks® appliance.
SteelWorks® FedMobile, builds upon the SteelWorks® Mobile foundation. The SteelWorks® FedMobile appliance was specifically developed for Department of Defense (DoD) customers. Hundreds of security guidelines specified by the Defense Information Security Agency's (DISA) Technical Implementation Guide (STIG) mandate (DoD Instruction 8500.2) have been implemented in SteelWorks® FedMobile. The SteelWorks® FedMobile appliance (with its associated operating system) is compliant with the DoD Wireless STIG BlackBerry Security Checklist (v.5), Windows 2003 Security Checklist (v.6), and the .NET Framework security checklist (v.1). It is "Gold and Platinum Disk" compliant in conjunction with normal site-specific set-up functions. The SteelWorks® Mobile appliance enables a full STIG-compliant installation of a BlackBerry Enterprise Server environment in less than 60 minutes.
GENAERA CORPORATION (NASDAQ: GENR)
"Up 99.97% in morning trading"
Genaera Corporation is developing trodusquemine (MSI-1436), for type 2 diabetes and obesity currently in phase 1 clinical testing and has a fully out-licensed partnership with MedImmune, Inc. that is in phase 2 clinical testing in asthma. For further information, visit www.genaera.com.
October 30 -
Genaera to Present at Therapeutic Area Partnerships 2008
Nominated as One of the Top 10 Most Interesting Metabolic Projects Available for Partnering
Genaera Corporation (Nasdaq: GENR) will present at the Windhover's Therapeutic Area Partnerships Conference being held November 3-5 at the Lowes Hotel in Philadelphia, Pennsylvania. Dr. Henry Wolfe, Executive Vice President and Chief Scientific Officer, will provide an overview on MSI-1436 for the treatment of type 2 diabetes and obesity on Tuesday, November 4, 2008 at 4:20 p.m. (ET).