NPWZ, XDSL, MCLN, IMDS, MKGP, WNBD
Our Stocks to Watch tomorrow include Neah Power Systems Inc. (OTCBB: NPWZ), mPhase Technologies Inc. (OTCBB: XDSL), MedClean Technologies Inc. (OTCBB: MCLN), Imaging Diagnostic Systems Inc. (OTCBB: IMDS), Maverick Energy Group Ltd. (OTC: MKGP) and Winning Brands Corp. (OTC: WNBD).
NEAH POWER SYSTEMS INCORPORATED (OTC: NPWZ)
"Up 84.62% on Wednesday"
Detailed Quote: http://www.otcpicks.com/quotes/NPWZ.php
Neah Power Systems, Inc. is developing long-lasting, efficient and safe power solutions for the military, transportation, and for portable electronics. Neah uses a unique, patented, silicon-based design for its micro fuel cells that enable higher power densities, lower cost and compact form-factors. The company's micro fuel cell system can run in aerobic and anaerobic modes. Neah believes that the technology can also be used for energy storage and generation.
June 26 - Neah Power Systems Announces an Initial Order for Its Powerchip™ Fuel Cell From a Major U.S. Defense Contractor
Neah Power Systems, Inc. (OTCBB: NPWZ), a developer of power solutions using proprietary, award winning technology for the military, transportation, and portable electronic devices, announced today that it has received an initial purchase order for its Powerchip™ fuel cell from a Fortune 150, US-based defense supplier.
The initial order is for one 25-Watt Powerchip™ fuel cell. The defense supplier is exploring the use of Neah's Powerchip™ fuel cell for a range of applications including soldier power, remote power stations, and unmanned underwater and aerial vehicles. The terms of the purchase order require the Company to ship the unit within ten weeks upon receipt of the order, and the payment terms require the customer to pay within fifteen days of receipt of the unit. Neah anticipates additional purchase orders from this customer throughout the remainder of calendar 2012, with broader adoption in 2013.
Neah CEO, Dr. Chris D'Couto stated, "Receiving our first initial order from a top tier defense contractor marks an important moment and a significant milestone in the history of our company. Neah's patented, award winning Powerchip™ technology with its proprietary all-liquid fuel and oxidant system has opened up a growing universe of applications that were previously considered unsuitable for fuel cells. The higher power density and lower manufacturing costs found in our units allows Neah to offer differentiated and competitive products for a variety of defense, commercial and consumer customers.
"This order adds significant credibility to our technology as companies look at efficient and effective alternatives to traditional power supplies. We are working diligently with this customer through the testing phase of the Powerchip™ unit, and we are optimistic our technology will continue to exceed expectations," concluded Dr. Chris D'Couto.
MPHASE TECHNOLOGIES INCORPORATED (OTCBB: XDSL)
"Up 33.33% on Wednesday"
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.
June 6 - mPhase Restructures Toxic Convertible Debt
mPhase Technologies, Inc. (OTCBB: XDSL) said negotiations with two creditors have led to a standstill agreement and restructuring of approximately $1,500,000.00 Dollars in Toxic Convertible Debentures.
The beneficial effect of restructuring of the Toxic Convertible Debentures will give the Company the control it needs to cease the automatic dilution of the issued and outstanding common stock.
The death spiral caused by these instruments has been eliminated to a large extent allowing the company breathing room to carry out its future plans.
The debt restructuring should allow the company the flexibility it needs to obtain funding for mPhase's revolutionary Smart Nano Battery Technology including the launch of its new product featuring advanced battery technology targeted for the automotive and marine industries.
The company stated: "The significant restructuring of this debt, especially the Toxic Convertible Notes, is the result of an aggressive effort on the part of management and the Board of Directors to improve mPhase's ability to meet its strategic goals of completing the commercialization of its technology and obtain funding in a more ordinary course."
MEDCLEAN TECHNOLOGIES INCORPORATED (OTCBB: MCLN)
"Up 100.00% on Wednesday"
Detailed Quote: http://www.otcpicks.com/quotes/MCLN.php
MedClean Technologies, Inc. is a provider of innovative technology and services for the treatment and disposal of regulated medical waste. MedClean's flagship MedClean® Series systems are fully integrated, turnkey technology solutions that enable healthcare providers and medical waste haulers to safely, efficiently, and cost-effectively convert bio-hazardous regulated medical waste into sterile, unrecognizable material suitable for disposal as municipal solid waste. MedClean was founded in 1997 with corporate headquarters, research and development and distribution facilities now located in Bethlehem, Pennsylvania.
No recent news for MedClean Technologies, Inc. (OTCBB: MCLN).
IMAGING DIAGNOSTIC SYSTEMS (OTCBB: IMDS)
"Up 33.33% on Wednesday"
Detailed Quote: http://www.otcpicks.com/quotes/IMDS.php
Imaging Diagnostic Systems, Inc. has developed a revolutionary new imaging device to aid in the detection and management of breast cancer. The CTLM® system is a breast imaging system that utilizes patented continuous wave laser technology and computer algorithms to create 3-D images of the breast. The procedure is non-invasive, painless, and does not expose the patient to ionizing radiation or painful breast compression. CT Laser Mammography (CTLM®) is designed to be used in conjunction with mammography. It reveals information about blood distribution in the breast and shows the process of angiogenesis, which usually accompanies tumor growth. CTLM system has received international certifications and licenses from the European CE mark, CMDCAS Canadian Health screening, China SFDA, India, UL, and ISO 13485. The Company is seeking FDA approval through the Premarket approval process.
May 22 - Imaging Diagnostic's Non-Invasive CTLM® Laser Breast Imaging Device Will Soon Be Available to Women in Kuwait
Imaging Diagnostic Systems, Inc. (OTCBB: IMDS), a pioneer in laser breast imaging, announced that it has signed a distribution agreement with Mareen Group to market and sell its Computed Tomography Laser Mammography (CTLM®) System in Kuwait.
"Mareen Group is honored to present the CTLM® to the women of Kuwait. We are eager to support the imaging needs of patients through this dignified and innovative laser breast imaging modality," commented Ahmad Abdulrahman, General Manager of Mareen Group.
Mareen Group is a Medical & Pharmaceutical distribution company well established and based in Kuwait. They have been in operation since 1998, proudly providing various medical and healthcare institutions within Kuwait and the surrounding areas with advanced medical equipment and pharmaceuticals from across the globe. The philosophy of Mareen Group has always been to build close ties with their customers by supporting their every need with prompt professional service and support.
Imaging Diagnostic's CEO, Linda Grable, states, "IDSI is delighted to assign Mareen Group, a well established medical company in Kuwait, as our new distributor. The women in Kuwait will hopefully benefit from CTLM®'s unique and discrete breast imaging process to aid in the diagnosis and management of breast abnormalities. We are enthusiastic to work with Mareen Group to make the CTLM®, a non-invasive alternative, accessible to women in Kuwait."
MAVERICK ENERGY GROUP LIMITED (OTC: MKGP)
"Up 150.00% on Wednesday"
Detailed Quote: www.otcpicks.com/quotes/MKGP.php
Maverick Energy Group, Ltd. owns, drills, and operates oil and gas properties in the United States. The company also involves in acquiring and developing leases and producing properties; and functions as a general partner in drilling partnerships. It operates and owns a 25% working interest in various producing natural gas wells in the Appalachian Basin located in West Virginia; and operates the Big Foot Field in Texas, which has approximately 310 production wells. Maverick Energy Group, Ltd. is based in Tulsa, Oklahoma.
No recent news for Maverick Energy Group, Ltd. (OTC: MKGP).
WINNING BRANDS CORPORATION (OTC: WNBD)
"Up 100.00% on Wednesday"
Detailed Quote: http://www.otcpicks.com/quotes/WNBD.php
Winning Brands Corporation manufactures Winning Colours® Stain Remover for consumer and commercial use as an eco-responsible alternative to traditional solvents. It is gaining popularity for its remarkable gentleness to skin and delicate surfaces, while still being a powerful and versatile stain remover. Main production takes place at the Grand Rapids, Michigan facility of Surefil LLC. Winning Brands' full product range includes a variety of advanced cleaning solutions, such as its non-toxic SMART™ Wet Cleaning liquid alternative to Perchloroethylene used in dry cleaning, KIND™ Laundry Products and CLEAN1™ — the first choice in outdoor cleaning. The company's mission is to replace hazardous chemicals in widespread use with safer alternatives. The initial focus is on cleaning products.
No recent news for Winning Brands Corporation (OTC: WNBD).