|
VSST, EDGR, BTDG, ECTY, HYSR, XDSL
Our Stocks to Watch today include Voice Assist Inc. (OTCBB: VSST), EDGAR Online Inc. (NASDAQ: EDGR), B2 Digital Inc. (OTC: BTDG), ECOtality Inc. (NASDAQ: ECTY), HyperSolar Inc. (OTCBB: HYSR) and mPhase Technologies Inc. (OTCBB: XDSL).
VOICE ASSIST INCORPORATED (OTCBB: VSST)
"Up 114.29% on Tuesday"
Detailed Quote: http://www.otcpicks.com/quotes/VSST.php
Voice Assist is an award-winning speech platform designed to be used from any phone, eliminates the need to press buttons on smartphones, tablet PCs or other network-connected devices. Mobile developers and cloud-based service providers can leverage Voice Assist’s platform to provide voice access to any application through its rapid application development environment and mobile widgets making it easy to add powerful voice interface. Voice Assist also offers its hands-free safe driving application and CRM-by-voice applications direct to the public and/or through resellers and private label OEM relationships.
VSST News:
May 22 - Voice Assist Closes $800,000 Strategic Private Placement
Proceeds to Accelerate Market Penetration and Technology Growth of its Award-Winning Speech Platform and Services
Voice Assist, Inc. (OTCBB: VSST), an award-winning leader in speech enabled hands-free safe driving solutions, today announced that it has closed a private placement yielding gross proceeds of $800,000. The terms include the sale of 5,333,333 shares of restricted common stock priced at $0.15 per share. In addition, the company has issued five year callable warrants to purchase up to an additional 5,333,333 shares of common stock at $0.50 per share, which would provide the company with up to $2.6 million of additional working capital if exercised.
“We are excited to participate as a significant strategic shareholder in Voice Assist,” said Paul Arena, Chief Executive Officer of Augme Technologies, Inc., (OTCBB: AUGT). “This funding should allow Voice Assist the growth capital to accelerate its market penetration and sales cycle and to continue to innovate its speech platform into the smartphone, automotive and other mobile device industries. We are also impressed with Voice Assist’s intellectual property covering speech-driven browsing of cloud-based address books, music libraries and speech-driven updates to social networks including Facebook, Twitter and leading CRM platforms including Salesforce.com. We see a tremendous growth opportunity in these sectors and feel that Voice Assist is well positioned to become a market leader.”
“We believe the growth capital and relationship opportunities provided by strategic investors such as Augme Technologies can support the integration of speech control functionality into mobile marketing,” said Michael Metcalf, Chief Executive Officer of Voice Assist, Inc. “We also appreciate the participation in this private placement by a group of seasoned telecom and digital media executives who understand how our technology can be applied not only to mobile devices but also to landlines, VoIP lines and in other modes of communication.”
The funding package was managed by Source Capital Group, Inc., a boutique investment bank focused on emerging growth companies involved in the Communications, Internet, Digital Media, Energy, and Clean Tech industries. “We’re excited about Voice Assist because its technology can be used on any phone, which opens up a massive market opportunity unlike other solutions, which only run on the data channel of a smartphone,” said Vik Grover, CFA, Senior Managing Director.
EDGAR ONLINE INCORPORATED (NASDAQ: EDGR)
"Up 50.00% on Tuesday"
Detailed Quote: http://www.otcpicks.com/quotes/EDGR.php
EDGAR® Online provides financial data, analytics and disclosure management solutions to help corporations and institutional investors facilitate compliance and management of regulatory disclosure filings. In addition to developing a variety of unique as-reported and normalized data sets, EDGAR Online is an industry leader in XBRL (eXtensible Business Reporting Language) processing. Thousands use the company’s solutions, including U.S. public companies, mutual funds, leading financial analysts and institutional investors, as well as global regulators such as the FDIC, Banque de France and the U.S. Securities and Exchange Commission. The company delivers its solutions, including UBmatrix® XBRL software solutions, through an extensive network of partners, including Business Wire, LexisNexis®, NASDAQ OMX, Oracle, PR Newswire, RR Donnelley and SAP.
EDGR News:
May 22 - R. R. Donnelley to Acquire Edgar Online, a Leader in Financial Data and Analytics
* Expands Digital Communications and XBRL Capabilities Software
* Provides Tested Platform for XBRL Creation and Review and Innovative Tools for Disclosure Management
R. R. Donnelley & Sons Company (RRD) and EDGAR Online (NASDAQ: EDGR) jointly announced that they have signed a definitive agreement pursuant to which RR Donnelley will acquire EDGAR Online, a leading provider of disclosure management services, financial data and enterprise risk analytics software and solutions for both corporate and investment professionals. The deal is valued at approximately $70.5 million, which includes $1.092 per common share, assumption of debt and payment of an amount equal to the redemption price of the preferred shares. The transaction is expected to close during the third quarter of 2012. The acquisition is expected to be accretive to RR Donnelley's earnings in the first full year after the closing of the transaction and is subject to customary closing conditions, including regulatory approval and approval of EDGAR Online shareholders.
"This acquisition continues to expand the range of our digital offering and further enhances our ability to deliver integrated communications solutions," said Thomas J. Quinlan, III, RR Donnelley's President and Chief Executive Officer. "In every segment that we serve we provide a full set of resources for creating, managing, producing, distributing and even monetizing content."
EDGAR Online has provided XBRL (eXtensible Business Reporting Language) services to RR Donnelley's Financial Services offering since 2008. Working with EDGAR Online, RR Donnelley has become an industry leader in executing XBRL filings.
"We are very pleased to be joining a company with whom we have worked so closely," observed Robert J. Farrell, EDGAR Online's President and CEO. "Our proven innovative solutions for professionals who produce and consume financial information can be immediately leveraged by RR Donnelley's customer base. We expect that this combination will help to drive the development and deployment of our SaaS-based governance, risk and compliance (GRC) solutions that can help RR Donnelley meet its clients' growing financial communications needs."
Tom Juhase, President of RR Donnelley's Financial Services offering, stated, "This is a natural fit with our growing portfolio of financial disclosure management services and a superb match for our clients' needs for end-to-end solutions. Our long working relationship with EDGAR Online gives us immense confidence in their platform, people and processes. They will bring best in class technology and deep domain expertise in XBRL -- an area of vital importance to our clients.
"We are seeing significant demand for XBRL services this year as all public companies soon will need to comply with the SEC's detailed tagging requirements. EDGAR Online has a tested platform that has scaled in concert with our capacity needs. With EDGAR Online, we are able to further assist our clients with the creation of key documents and provide investors innovative analytical tools that support even better-informed decision making," concluded Juhase.
ABOUT RR DONNELLEY
RR Donnelley (RRD) is a global provider of integrated communications. The company works collaboratively with more than 60,000 customers worldwide to develop custom communications solutions that reduce costs, drive top-line growth, enhance ROI and ensure compliance. Drawing on a range of proprietary and commercially available digital and conventional technologies deployed across four continents, the company employs a suite of leading Internet based capabilities and other resources to provide premedia, printing, logistics and business process outsourcing services to clients in virtually every private and public sector.
B2DIGITAL INCORPORATED (OTC: BTDG)
"Up 33.33% on Tuesday"
Detailed Quote: http://www.otcpicks.com/quotes/BTDG.php
B2 Digital is dedicated to seeking acquisitions, mergers and joint ventures with a scope of business opportunities including the resource sector. With a merger of this type B2 Digital will become a part of one great organization, SSM Media Ventures, Inc. and RHN.
BTDG News:
May 22 - B2 Digital Appoints Rodney P. Hunt New Chairman Of BTDG.PK PR Newswire
B2 Digital, Inc. (OTC: BTDG) & SSM Media Ventures, Inc. appoints Rodney P. Hunt as Chairman of the Board of B2 Digital, Inc.
New Restructuring
B2 Digital, Inc. has begun a major corporate restructuring of BTDG in preparation for the pending deal with SSM Media Ventures, Inc. This is being done in an effort to prepare BTDG for a secondary offering and a re-launch of the stock in the market place. B2 Digital, Inc. with the support of SSM Media Ventures, Inc. is announcing the appointment of the new chairman of B2 Digital, Inc. Mr. Rodney P. Hunt. Mr. Hunt is CEO and President of RPH Enterprises, Inc. and founder of RSI Systems Inc. Mr. Hunt led RSIS through a period of uninterrupted growth, with annual revenues of $300 million, with a professional staff numbered around 2,000 persons. RSIS held approximately 100 prime contracts with civilian and defense agencies of the federal government when Hunt sold the company in 2007.
Mr. Hunt hopes for a repeat of his success with B2 Digital. "I am excited about my new role as Chairman of BTDG," says Mr. Hunt. He states boldly that he has identified value in the small company and seeks to build B2 into a TITAN of Digital Media, Entertainment and IT. His first move is to restructure the company and prepare it for a listing on a major stock exchange. "Mr. Hunt represents a fresh start for BTDG and bright new future," says Matthew Anderson, Chief of Staff and Board member of SSM Media Ventures, Inc. The primary objective is to position B2 Digital for a secondary offering and use proceeds to build a dominant portfolio of brands in Television, Entertainment, Digital Media and IT.
B2 Digital CEO, Paul D.H. LaBarre stated, "In my opinion B2 Digital has only one ambition: to be the best! What else is there?" Atonn Muhammad, President/CEO of SSM Media Ventures, Inc. will take over as President and Paul LaBarre, BTDG, CEO will maintain his position. Both LaBarre and Muhammad have faith in Mr. Hunt. "He is a visionary, outside of the box thinker," says Muhammad. Hunt is encouraging existing shareholders to stay with BTDG through this ground breaking transition. He has a detailed plan that includes a capital raise and several strategic acquisitions.
ECOTALITY INCORPORATED (NASDAQ: ECTY)
"Up 14.93% on Tuesday"
Detailed Quote: http://www.otcpicks.com/quotes/ECTY.php
ECOtality, Inc., headquartered in San Francisco, California, is a leader in clean electric transportation and storage technologies. Through innovation, acquisitions, and strategic partnerships, ECOtality accelerates the market applicability of advanced electric technologies to replace carbon-based fuels.
ECTY News:
May 21 - ECOtality Reports Record First Quarter 2012 Results
ECOtality, Inc. (NASDAQ: ECTY), a leader in clean electric transportation and storage technologies, reported financial results for the first quarter ended March 31, 2012.
Q1 2012 Summary of Financial Results
Revenue in the first quarter of 2012 increased 215% to a record $13.7 million, as compared to $4.3 million in the same year-ago quarter. The increase in revenue was largely attributed to the continued roll out of network infrastructure for the EV Project and by a Blink® network licensing agreement. The EV Project is a public-private partnership with the Department of Energy that seeks to develop, implement and study techniques for optimizing the deployment of a commercially viable EV charging infrastructure.
The first quarter of 2012 represented the company’s first profitable quarter, which was driven primarily by EV Project revenue and a Blink® network licensing agreement. Net income in the first quarter of 2012 was $1.2 million or $0.04 per basic and diluted share, as compared to a net loss of $6.8 million or $(0.51) per basic and diluted share in the same year-ago quarter.
Combined cash, restricted cash and cash equivalents at March 31, 2012 totaled $4.5 million, as compared to $10.2 million at December 31, 2011. The decrease in cash was primarily attributed to the rapid increase in both the production and installation of Blink® DC Fast Chargers required for the EV Project.
Q1 2012 Operational Highlights
* Approximately 1,100 Blink® chargers were installed during the quarter, bringing the total number of charging stations to approximately 6,700, and maintaining the Blink® network as the largest connected electric vehicle (EV) charging network in the world.
* The Blink® network has delivered in total more than 5,000 megawatt-hours to EV drivers, who generated nearly 23 million miles of data for the EV Project.
* Signed a $5 million licensing agreement with ABB Technology Ventures Ltd to utilize the Blink® electric vehicle charging network.
* ABB made a $5 million follow-on investment in the form of a convertible note due in 2015.
* Received the Bloomberg New Energy Pioneer Award, which was presented to the top 10 companies around the world that are “forever changing the energy landscape.” In addition, the company’s Blink® Level 2 charger won an Edison Award, “honoring the best in innovation and excellence in the development of new products and services.”
* Partnered with Regency Centers to install approximately 40 Blink® electric vehicle charging stations at 19 Regency locations nationwide.
* Partnered with South Lake Union Discovery Center, operated by Vulcan Real Estate, to install the first Blink® DC Fast Charger in the Seattle area, while also installing the company’s first DC Fast Charger in Northern California at Volkswagen Group of America Electronics Research Laboratory.
* Strengthened management team with the appointments of Murray Jones as chief operating officer, Paul Gordon as chief technology officer and Martin Felli as vice president and general counsel.
Management Commentary
“We are pleased by our record first quarter results, in terms of both profitability and operational performance,” said Jonathan Read, president and CEO of ECOtality. “These achievements were driven in part by our new licensing agreement with ABB. Its follow-on investment, along with our recent management hires, ideally positions ECOtality for the successful execution of the EV Project and the national rollout of the Blink® network.
“As the project manager of the EV Project, the largest EV research project ever undertaken, ECOtality continues to collect valuable insight into how to more efficiently and effectively build-out a national EV infrastructure. As we move forward in 2012, we look forward to accelerating the roll-out of our national Blink® charging network, while further developing and testing numerous opportunities to monetize this network, as well as deriving continued benefits from the EV Project.”
HYPERSOLAR INCORPORATED (OTCBB: HYSR)
"Up 87.18% on Tuesday"
Detailed Quote: http://www.otcpicks.com/quotes/HYSR.php
HyperSolar is developing a breakthrough, low cost technology to make renewable hydrogen using sunlight and any source of water, including seawater and wastewater. Unlike hydrocarbon fuels, such as oil, coal and natural gas, where carbon dioxide and other contaminants are released into the atmosphere when used, hydrogen fuel usage produces pure water as the only byproduct. By optimizing the science of water electrolysis at the nano-level, our low cost nanoparticles mimic photosynthesis to efficiently use sunlight to separate hydrogen from water, to produce environmentally friendly renewable hydrogen. Using our low cost method to produce renewable hydrogen, we intend to enable a world of distributed hydrogen production for renewable electricity and hydrogen fuel cell vehicles.
HYSR News:
May 22 - HyperSolar Completes Proof of Concept Prototype that Successfully Produces Renewable Hydrogen
Company combines its unique, low-cost polymer coating with a small-scale solar device to form a self-contained particle that separates hydrogen from water using only the power of the Sun
HyperSolar, Inc. (OTCBB: HYSR), the developer of a breakthrough technology to produce renewable hydrogen using sunlight and any source of water, today announced that its first proof of concept prototype is successfully producing renewable hydrogen. By integrating its unique, low-cost polymer coating with a small-scale solar device to form a self-contained particle, the company has proven the scientific validity of its breakthrough technology.
“Using our self-contained particle in a low cost plastic bag, we have successfully demonstrated our ability to mimic photosynthesis to produce renewable hydrogen from virtually any source of water using the power of the Sun,” commented Tim Young, CEO of HyperSolar. “Unlike approaches taken by others in the past, our small scale solar devices actually float in the water. Our next step is to complete the development of our nanoparticles, extremely small solar devices, optimized to significantly reduce the cost of separating hydrogen from water.”
A video showing the proof of concept prototype is available at the company’s website, www.hypersolar.com. It features the self-contained particle floating in a common baggy filled with wastewater from a pulp and paper mill. The video clearly shows hydrogen bubbles being generated in the small baggy. The company’s next prototype will feature nanoparticles, which can be mass-produced at a low cost and can float freely in large scale bag systems to generate large quantities of renewable hydrogen, the cleanest and greenest of all fuels, using only sunlight and water.
Young concluded, “We believe we are on the right track to produce the lowest cost renewable hydrogen. Most hydrogen used today is not renewable and not very clean because it is produced from finite hydrocarbon sources, such as oil, coal and natural gas. Renewable hydrogen produced from nearly infinite sources of water and sunlight, is clean and carbon free. The worldwide impact of using renewable hydrogen to generate electricity and power fuel cell vehicles would be extraordinary.”
HyperSolar recently entered into a yearlong sponsored research agreement with the University of California, Santa Barbara to help accelerate the development process and assure that the key milestones are reached.
MPHASE TECHNOLOGIES INCORPORATED (OTCBB: XDSL)
"Up 66.67% on Tuesday"
Detailed Quote: http://www.otcpicks.com/quotes/XDSL.php
mPhase Technologies, Inc. is focused on developing and commercializing a new battery technology featuring Power On Command™ which provides a unique way to store energy and manage power that will revolutionize the battery industry. mPhase, through its 100% owned consumer products division mPower Technologies, is marketing its first Power On Command product, the mPower Emergency Illuminator.
XDSL News:
No recent news for mPhase Technologies, Inc. (OTCBB: XDSL).
|
