Daily Stock List
IN Media Corp. (IMDC)
Atomic Pennies reported recently on IN Media Corp. (IMDC), and today we are reporting on the Company, here at the QualityStocks Daily Newsletter.
Listed on the OTCQB, IN Media Corp. is a development stage company. They are positioned to exploit the emerging market for Internet Protocol Television (IPTV) services for cable, satellite, internet, telephony and mobile markets. The Company's objective is to become a worldwide leader of IPTV implementation systems through the design and delivery of a combination of hardware, software, manufacturing and content services at competitive prices. IN Media's main executive office is in Los Altos, California.
The Company offers their customers fully integrated plug-and-play solutions consisting of hardware devices, operating software, and access to a library of video content. Currently, the Company provides a choice of three hardware devices. One is IPTV Set Top Box (IPSTB). The IPSTB enables a user to access video content including movies, videos, games, and educational or other promotional content by simply connecting the IPSTB to an ethernet cable from a home Internet source such as a Modem on one side to a Hi Definition TV set, or other display on the other. Once connected, the user gains access to internet content or premium distribution sites, which stream video over the internet.
The second is a Tablet PC. Their Tablet PC, offered in 7 inch or 10 inch screen models works in exactly the same way as their IPSTB, enabling the user to access video over the internet. Because the display and the STB functionality are both integrated into the device, the Tablet PC can also be used as a regular browser for web surfing and other internet enabled functions.
The third is Premium Video Content. Presently, IN Media has the rights to make available their library of more than 4,000 entertainment titles - from Hollywood to "Bollywood" movies. This library can be made available and accessed by users through the Company's IPTV platform by direct subscription, or indirectly through third party channels.
IN Media's systems may be offered to communications providers such as cable or satellite channels, governmental organizations, content owners such as publishers, movie and video game owners, and other premium content providers, or distributors and re-sellers who support such channels to either complete their proprietary offerings or provide an all-in-one solution.
In November 2012, IN Media announced the receiving of a $16 Million DLC (Documentary Letter of Credit) facilitating the manufacturing of Android and Windows 8 OS Tablet PCs. These products will expand the Company's product line and add educational Tablets for children ages 6 and up. IN Media received a 100M Chinese RMB (USD 16 Million) Documentary Letter of Credit (DLC) boost from the financial institution Estrategia Investimentos, SA, to finance the manufacturing cycle of IN Media Tablet PCs in China.
In addition, IN Media renewed, for two further years, the recent Memo of Understanding (MOU) signed by Global Green Holdings regarding their intent to purchase Tablet PCs from IN Media for their education program starting in 2013. IN Media also upgraded their line from Windows 7 to Windows 8.
IN Media Corp. (IMDC), closed Friday's trading session at $0.265, up 6.00%, on 125 volume with 1 trade. The average volume for the last 60 days is 2,190 and the stock's 52-week low/high is $0.041/$0.41.
Mill City Ventures III, Ltd. (MCVT)
Today we are highlighting Mill City Ventures III, Ltd. (MCVT), here at the QualityStocks Daily Newsletter.
Founded in 2006, Mill City Ventures III, Ltd. is a development stage company whose shares trade on the OTC Bulletin Board. The Company focuses on marketing and licensing the Winner's Pot Poker table game to online, casino, and entertainment facilities in the United States including those located in Native American tribal lands.
The Company, formerly known as Poker Magic, Inc., has their headquarters in Wayzata, Minnesota. A Minnesota development-stage corporation, Mill City is looking to expand the number of products or services that they offer in the gaming industry.
Currently, Mill City Ventures III's business consists primarily of marketing and licensing a new form of poker-based table game to casinos and online gaming facilities in the United States. The Company's Winner's Pot Poker is a five-card stud poker game played with one standard 52-card deck. In this game, a dealer deals each player and the dealer himself with two cards face down and three cards face up. Each player "antes" before the deal to be eligible to receive cards in the game. After each player has received his or her first three cards from the dealer, each player may either fold or place a first bet equal to the ante.
The first bet may not be any more or less than the ante. After the next card is dealt, each of the remaining players has a choice between folding or placing a second bet that must be equal to twice the ante. The dealer may not fold. After the last card is dealt, the hands are compared and the winning hand takes a predetermined percentage of the total bets and antes made in the course of the game. Moreover, players are entitled to make certain optional "bonus bets." The winning hand is determined by using standard poker rankings.
For the three and nine months ended September 30, 2012 and 2011, the Company did not generate revenues or incur revenue-related costs. Their expenses related primarily to the Company's efforts to market their Winner's Pot Poker game to casinos and gaming establishments, generate revenues and expand their revenue base, as well as other selling, general and administrative (SGA) expenses.
Mill City Ventures III, Ltd. (MCVT), closed Friday's trading session at $1.50, up 32.74%, on 1,100 volume with 5 trades. The average volume for the last 60 days is 177 and the stock's 52-week low/high is $0.5501/$5.6106.
Strike Axe, Inc. (SKAXE)
Today we are highlighting Strike Axe, Inc. (SKAXE), here at the QualityStocks Daily Newsletter.
Strike Axe, Inc. develops, manufactures, markets, and distributes branded and private label vitamins and nutritional supplements in the U.S. and globally. The Company offers Proflex, a proprietary joint pain relief supplement. They also develop PureLife Cleanse, a proprietary colon cleanse product, as well as pre-workout, post-workout, and whey protein products. Strike Axe's shares trade on the OTC Bulletin Board.
The Company was formerly a shell company organized as a vehicle to investigate and acquire a target company or business looking for the perceived advantages of being a publicly held corporation. On December 5, 2011, with an Agreement and Plan of Reorganization, the Company acquired Nutritional Concepts Corp. Nutritional Concepts is a wholly owned subsidiary of Strike Axe. Strike Axe has their headquarters in St. George, Utah.
Nutritional Concepts offers an extensive array of capsules, tablets and powders. Their portfolio of recognized brands has historically undergone marketing through wholesale distribution channels. This includes the Mega Pro line of products. Their plan is to market through wholesale distribution channels and through internet sales channels.
Their target market is between 16-75 years old, male and female. Essentially, it's an international audience interested in a healthier lifestyle by way of wellness and nutrition. They market a wide spectrum of specialty supplements, vitamins and minerals under the Nutritional Concepts and Mega Pro brands. The Mega Pro brand has been available to consumers for more than 28 years. The Mega Pro brand emphasizes high quality and natural ingredients. This brand primarily consists of tablet, capsule, powder and soft gel product forms.
Nutritional Concepts does not manufacture their products. They have contracted with third parties who manufacture and package their products. The Company subsequently stores their products in their warehouse from where they fulfill and ship orders for their customers. Their propriety products address all categories of an active lifestyle including muscle building, Athletic performance, weight loss, and maintaining general fitness through a daily nutritional supplement regimen.
Strike Axe, Inc. (SKAXE), closed Friday's trading session at $0.81, up 47.27%, on 1,823 volume with 3 trades. The average volume for the last 60 days is 60 and the stock's 52-week low/high is $0.51/$1.75.
Clean Coal Technologies, Inc. (CCTC)
PennyTrader Publisher, OTCJournal, and Greenbackers reported earlier on Clean Coal Technologies, Inc. (CCTC), and we choose to highlight the Company today, here at the QualityStocks Daily Newsletter.
Clean Coal Technologies, Inc. holds patented process technology and other intellectual property (IP) that converts raw coal into a cleaner burning fuel. Their trademarked end products, "Pristine™" coals, are significantly more efficient, less polluting, more cost-effective, and provide more heat than untreated coal. Clean Coal Technologies is a late-stage start-up company. The Company is based in New York, New York and their shares trade on the OTC Markets' OTCQB. Clean Coal Technologies also has an office in Coral Springs, Florida.
Use of Clean Coal Technologies' innovative process makes possible the upgrade of low-rank coals, including lignite, into premium fuels that are high in calorific content and low in pollutants. The principal elements of their pre combustion technology are based on well-proven science and tried-and-tested industrial components. The Company's clean coal technology may reduce approximately 90 percent of chemical pollutants from coal, including Sulfur and Mercury. Therefore, this would resolve emissions issues affecting coal-fired power plants.
Currently, Clean Coal Technologies, together with Archean Group, the Company's partner in Good Coal Pte, Ltd, is working with SAIC on the construction of a 1:10 scale pilot plant. The plant will undergo testing at the site of a major U.S coal-fired power company in the State of Oklahoma.
Tests are taking place to complete the final design of the key components of the plant. The pilot plant is on track for commissioning in early 2013. Subsequently, Clean Coal Technologies and Good Coal Pte will enter aggressively into a marketing program to deploy the technology extensively, mainly in Asia.
In December 2012, Clean Coal Technologies announced their appointment of two new members to their Board of Directors. The new members, Mr. Roland Perdamaian and Ms. Ivy Santoso, have been nominated in accordance with the terms of the earlier executed Stock Purchase Agreement.
Mr. Perdamaian brings 15 years of business experience in Indonesia where he has held senior positions, including Director of Finance and Vice President of Operations and Business Development. Ms. Santoso brings more than 20 years of professional experience working throughout Southeast Asia and China. For the past 18 years, she has worked in the investment management business with a focus on early stage opportunities.
Clean Coal Technologies, Inc. (CCTC), closed Friday's trading session at $0.05, even for the day, on 483,741 volume with 31 trades. The average volume for the last 60 days is 485,522 and the stock's 52-week low/high is $0.0395/$0.166.
Las Vegas Railway Express, Inc. (XTRN)
TheStockWizards.net reported previously on Las Vegas Railway Express, Inc. (XTRN), and today we are highlighting the Company, here at the QualityStocks Daily Newsletter.
Las Vegas Railway Express, Inc. is currently in the process of designing and implementing an expedited, luxury train service from the Los Angeles basin to Las Vegas. Known as the Vegas X Train, the service will use conventional rail rights of way and passenger rail equipment - outfitted in a First Class configuration. The service will deliver a new and cost efficient way to travel to Las Vegas. Las Vegas Railway Express lists on the OTCQB. The Company is based in Las Vegas, Nevada.
The intention is that the Vegas X Train service departures will be Thursday and Friday to Las Vegas with returns on Sunday and Monday back to Los Angeles. An introductory price of $99 each way includes First Class accommodations and all-inclusive food & beverage. Moreover, the X Train will also offer the ability for their passengers to book hotel rooms, transportation transfers, entertainment & show tickets and other travel incidentals.
The luxury passenger train will have Vegas class passenger coaches with bar area lounges, and all inclusive Vegas class food & beverages. Train operations are scheduled to begin in late 2013. The Company's plan is to operate a single travel route marketed mainly to the leisure traveler from the Southern California basin.
In early January, the Company announced that they selected Don Primi and Rail Enterprises, Inc. for their rail car refurbishment. Don Primi, President of the train equipment and supplies company, Rail Enterprises will be executing the complete remanufacturing process of the X Train fleet. This includes upgrading all the rail cars interior and exterior mechanical systems such as trucks, brakes, couplers, HVAC, electrical, plumbing, windows, doors, exterior paint and interior surfaces such as upholstery, kitchen and bar furnishings.
In mid-January, the Las Vegas Railway Express announced their agreement with Today in Las Vegas, who will be publishing the luxury train service's onboard magazine. The Vegas X Train will be co-branding this publication for their passengers' in-seat convenience and local Las Vegas area distribution. The plan is that the publication will be a bi-weekly piece sharing content relevant to Today in Las Vegas readers and X Train passenger interests. Additionally, Today in Las Vegas will be collaborating with the Vegas X Train on providing shows, attractions, and Grand Canyon tours to the Vegas X Train guests and website visitors.
Las Vegas Railway Express, Inc. (XTRN), closed Friday's trading session at $0.125, up 4.17%, on 52,000 volume with 9 trades. The average volume for the last 60 days is 173,422 and the stock's 52-week low/high is $0.06/$0.21.
Worlds Online, Inc. (WORX)
Today we are reporting on Worlds Online, Inc. (WORX), here at the QualityStocks Daily Newsletter.
Worlds Online, Inc. is a 3D entertainment portal that takes advantage of their proprietary technology to offer visitors a network of virtual, multi-user environments that the Company calls "worlds". Sites using their technology allow many simultaneous visitors to enter, navigate and share interactive "worlds". Worlds Online, Inc. operates independently of Worlds, Inc. The Company has their headquarters in Brookline, Massachusetts. Their shares trade on the OTC Bulletin Board.
Worlds Online formed on January 25, 2011 and effective May 16, 2011 Worlds, Inc. (formerly known as Worlds.com, Inc.) transferred to the Company a major portion of their operational assets and granted Worlds Online a global license to their existing, and future, 3-D related patent portfolio. As a result, Worlds Online has only had operations of their own since May 16, 2011.
Worlds Online utilizes their proprietary licensed technology to offer the aforementioned worlds. These worlds are online environments featuring animation, motion, and content. In addition, the Company designs and develops software content and related technologies for the creation of interactive, 3D Internet Web sites.
These worlds are visually engaging online environments. In these online environments people can come together and, through navigating through the website, shop, interact with others, attend events and be entertained.
The design of the Company's 3D Internet sites is to promote frequent, repeat and prolonged visitation by users. This is through providing them with unique online communities featuring dynamic graphics, highly useful and entertaining information content and interactive capabilities. Worlds Online believes that their sites are highly attractive to advertisers because they offer access to demographic-specific user bases consisting of people that visit the site frequently and stay for relatively long periods.
The Company partners with existing content providers that have strong brands and an existing following. Worlds Online also encourages individuals to create their own virtual spaces, communities and unique Avatars with user-friendly tools.
Worlds Online, Inc. (WORX), closed Friday's trading session at $0.065, up 51.16%, on 200 volume with 1 trade. The average volume for the last 60 days is 19,855 and the stock's 52-week low/high is $0.025/$0.62.
Asia Green Agriculture Corp. (AGAC)
Today we are highlighting Asia Green Agriculture Corp. (AGAC), here at the QualityStocks Daily Newsletter.
Asia Green Agriculture Corp. is a green and organic food company based in Fujian Province, China. Currently, they provide more than 100 kinds of fresh and processed products in three principal categories. These categories are bamboo shoot products, fresh vegetables and fruit, and processed vegetables. Asia Green Agriculture has a vertically integrated operation consisting of planting, manufacturing and sales of final products. Asia Green lists on the OTC Bulletin Board.
Asia Green Agriculture conducts their operations in China. The Company has a sales presence in China and Japan. They sell products in 10 provinces and administrative regions in China as well as in the Japanese market. They garnered approximately 93 percent and 7 percent of their revenue in the People's Republic of China (PRC) and in Japan, respectively, in 2011, and approximately 95 percent and 5 percent in the PRC and in Japan, respectively, in the first nine months of 2012.
Asia Green can supply most of the fresh raw materials for their products from their own land. In August 2012, Asia Green reported that they anticipate making capital expenditures over the next six to eighteen months to increase their cold storage capacity, and increase planting bases and processing capacity.
Bamboo shoot products accounted for approximately 48 percent of the Company's revenue in 2011. Fresh vegetables and fruit accounted for approximately 29 percent of revenue, processed vegetables for 8 percent of revenue, and bamboo wood for 15 percent of revenue, respectively. In the nine months ended September 30, 2012, bamboo shoot products accounted for approximately 53 percent of the Company's revenue; fresh vegetables and fruits accounted for approximately 25 percent; processed vegetables for 4 percent, and bamboo wood for 18 percent.
At present, Asia Green Agriculture sells through distributors and members of their sales force to farmers' markets, supermarkets, food manufacturers, restaurants and retailers in China. They had an internal sales team of approximately 50 members and more than 200 distributors as of June 30, 2012. The Company worked on the expansion of their sales network domestically in 2012.
Asia Green has a 6,000 metric ton cold storage facility as of June 30, 2012. This is for storing fresh and semi-finished products. They are adding an additional 5,500 metric ton cold storage facility to meet the requirements of their existing products and the anticipated need for storage because of their new product launches. As of June 30, 2012, the construction work for this additional facility continues to take place.
Asia Green Agriculture Corp. (AGAC), closed Friday's trading session at $0.50, up 21.95%, on 900 volume with 1 trade. The average volume for the last 60 days is 2,135 and the stock's 52-week low/high is $0.26/$2.30.
Virginia Energy Resources, Inc. (VEGYF)
We are highlighting Virginia Energy Resources, Inc. (VEGYF), here at the QualityStocks Daily Newsletter.
Virginia Energy Resources, Inc. is a uranium development and exploration company. They hold a 100 percent interest in the advanced stage Coles Hill uranium project in Virginia. In addition, the Company is pursuing an active uranium exploration program in the Otish Basin of the Province of Quebec. Virginia Energy Resources' shares trade on the OTC Market's OTCQX International and on the TSX Venture Exchange under the trading symbol VUI.V. The Company has their corporate headquarters in Vancouver, British Columbia.
The Coles Hill uranium deposit in southern Virginia is the largest untapped uranium resource in the United States. It is also one of the largest in the world. In Development, the project is 10 kilometers northeast of Chatham, Virginia. Mineral rights consist of 2960 hectares.
Virginia Energy Resources' ownership in Coles Hill is held via the Company's subsidiary, Virginia Uranium, Inc. This subsidiary controls the mineral rights, surface rights, and leasehold development and operating rights on the Coles Hill property.
Coles Hill consists of two adjacent mineralized bodies with an NI 43-101 compliant, measured and indicated resource of 119.6 million tons grading 0.056 percent eU3O8 indicated resources, for 133 million pounds eU3O8 according to an NI 43-101 Report of updated PEA and resource calculation by Lyntek, Inc. and BRS, Inc. filed in September 2012.
Virginia Energy Resources has an exploration program in the emerging Proterozoic Otish Basin located in central Quebec. The Virginia properties have a number of high-grade uranium prospects similar to the nearby Matoush deposit of Strateco Resources, Inc. Virginia holds 100 percent interest in 9 properties. These include Beaver Lake, Otish West, Strategis, Lorenz, Marc-Andre, Trident, Cigare, Peribonca and Otish East.
This week, Virginia Energy Resources announced that they completed the non-brokered private placement financing announced in a news release dated December 28, 2012. Consequently, the Company expects to issue 24,079,856 common shares for consideration of gross proceeds of $6,398,800 in cash plus 21,851,411 common shares of Energy Fuels, Inc. (TSX:EFR) for a total value of $10,113,540. Furthermore, Mr. Graham Moylan, Chief Financial Officer of Energy Fuels, will be appointed as a Director of Virginia Energy Resources, subject to approval of the TSX Venture Exchange. Funds from the Offering will be used for general working capital.
Virginia Energy Resources, Inc. (VEGYF), closed Friday's trading session at $0.566, down 21.06%, on 16,900 volume with 10 trades. The average volume for the last 60 days is 5,762 and the stock's 52-week low/high is $0.452/$0.903.
TNI BioTech, Inc. (TNIB)
The QualityStocks Daily Newsletter would like to spotlight TNI BioTech, Inc. (TNIB). Today, TNI BioTech, Inc. closed trading at $7.20, even with yesterday's close, on 6,536 volume with 22 trades. The stock’s average daily volume over the past 60 days is 26,551, and its 52-week low/high is $0.72/$18.00.
TNI BioTech, Inc. reported signing an exclusive licensing agreement today whereby the company shall acquire all intellectual property developed at Pennsylvania State by Dr. Ian S. Zagon, Dr. Patricia J. McLaughlin. and Dr. Jill P. Smith. This acquisition represents a huge portfolio of cutting-edge cancer treatment and prevention-related intellectual property with profound impact potential to gastrointestinal cancer in particular. The company is also moving to acquire orphan drug designation and clinical data sets Dr. Jill Smith to further reinforce this strong IP position.
TNI BioTech, Inc. (TNIB) is focused on utilizing patented immunotherapy to activate and mobilize the body's immune system to combat fatal diseases. The company's products and technologies improve the treatment and diagnosis of cancer, infections such as HIV/AIDS, and autoimmune diseases. Future initiatives include treatment for multiple sclerosis, herpes viral infections, and other conditions that result in altered-immune response.
The company's product portfolio currently includes IRT-101, an active immunotherapy that works by activating a patient's immune system against infectious diseases and tumor cells; IRT-102, an adaptive immunotherapy that works by isolating and enriching a patient's own immune cells; and IRT-103, an active immunotherapy that works by activating a patient's immune system against HIV/AIDS and tumor cells.
Leveraging the advantages of today's cutting-edge treatment options, the company aims to meet the growing demand for quality healthcare with safer, more effective radiation therapy; new-targeted drug therapies; and minimally invasive surgical alternatives around the world. TNI BioTech most recently signed a letter of intent to open clinics in Africa that will provide advanced treatment for cancer, HIV/AIDS, and autoimmune diseases.
The company plans to continue clinical trials in China during 2012 and 2013, and anticipates starting trials in the United States by early 2013.The company is also in negotiations to acquire a number of other immunotherapy products, patents, and therapies. Led by a management team with decades of experience and solid business plan, TNI BioTech is poised to improve healthcare with active and adaptive forms of improved immunotherapies. Disclaimer
TNI BioTech, Inc. Company Blog
TNI BioTech, Inc. News:
TNI BioTech Secures Exclusive License to Portfolio of Cancer Treatment and Prevention-Related IP
TNI BioTech, Inc. Announces Appointment of New CFO
TNI BioTech, Inc. Acquires the Exclusive Rights to Low Dose Naltrexone and Other Antagonists for Treatment of Bowel Diseases
VIASPACE, Inc. (VSPC)
The QualityStocks Daily Newsletter would like to spotlight VIASPACE, Inc. (VSPC). Today, VIASPACE, Inc. closed trading at $0.014, up 3.70%, on 843,568 volume with 25 trades. The stock’s average daily volume over the past 60 days is 768,174, and its 52-week low/high is $0.0013/$0.015.
VIASPACE, Inc. (VSPC) is focused on growing renewable Giant King™ Grass as a low-carbon fuel for clean electricity generation and environmentally friendly energy pellets, as well as a feedstock for bio-methane production, green cellulosic biofuels, biochemical, and biomaterials. A high-yield, low-cost feedstock, Giant King Grass meets the cost targets of green energy applications while maintaining a carbon neutral profile.
The highest yielding biomass crop in the world, Giant King Grass can grow in a variety of soil conditions and does not compete with food crops. Once Giant King Grass is established, it can be harvested at 3-5 feet tall every 45 to 60 days or at 14 feet tall twice a year. This incredibly high rate of growth provides a continual supply of biomass year-round, enabling strategically located power plants to operate 24 hours a day regardless of the current season.
VIASPACE provides Giant King™ Grass seedlings and technical expertise to qualified projects. The company also plans to serve as a project developer or co-developer for power plant or pellet mill projects, together with local partners that have land and require electricity, heat, pellets, biogas, or biofuels. VIASPACE and its partners are capable of delivering an integrated Giant King Grass plantation and biomass power plant project in just 24 months.
The excellent energy characteristics of Giant King Grass and its ability to be harvested multiple times each year enable and energy output yield that is much higher than other crops . This superior feedstock offers material productivity benefits at remarkable costs for energy production, biofuels, and biomaterials. Giant King Grass is currently being grown in the United States, Virgin Islands, China, and other areas. Disclaimer
VIASPACE, Inc. Company Blog
VIASPACE, Inc. News:
VIASPACE Signs Project Agreement and Growing Giant King Grass in South Africa
VIASPACE Giant King Grass Energy Crop Growing in Hawaii
VIASPACE CEO Invited to Speak At EUEC2013 Conference and Company to Feature GiantKing™ Grass in Exhibit Hall
Advaxis, Inc. (ADXS)
The QualityStocks Daily Newsletter would like to spotlight Advaxis, Inc. (ADXS). Today, Advaxis, Inc. closed trading at $0.074, up 2.78%, on 3,119,797 volume with 143 trades. The stock’s average daily volume over the past 60 days is 3,487,330, and its 52-week low/high is $0.0275/$0.165.
Advaxis, Inc. (ADXS) is a clinical-stage biotechnology company developing the next-generation of immunotherapies for cancer and infectious diseases. The company’s immunotherapies are based on a novel platform technology that uses live, bio-engineered bacteria to secrete an antigen/adjuvant fusion protein that redirects the powerful immune response all human beings have to fight off cancer and disease.
The company has more than fifteen distinct constructs in various stages of development, all of which are involved in strategic collaborations with recognized centers of excellence such as the National Cancer Institute, Cancer Research – UK, the Wistar Institute, the University of Pennsylvania, the University of British Columbia, the Karolinska Institutet, and others.
Advaxis’ lead construct, ADXS-HPV, is currently in Phase 2 clinical development for recurrent/refractory and advanced cervical cancer, CIN 2/3, and HPV caused head and neck cancers. This important construct was recognized as the Best Therapeutic Vaccine (approved or in development) at the 5th Annual Vaccine Industry Excellence (ViE) Awards by the vaccine industry and the journal Expert Reviews of Vaccines.
The estimated global market for immunotherapies is projected to exceed $37.2B by 2012, with cancer vaccines forecast to grow into an $8B market. Protected by 77 issued and pending patents, Advaxis is extremely well positioned to capitalize on the burgeoning opportunities in the healthcare sector as it advances the development of next-generation treatments for today’s most challenging diseases. Disclaimer
Advaxis, Inc. Company Blog
Advaxis, Inc. News:
Advaxis to Present at the 6th Annual OneMedForum
Advaxis Appoints Daniel J. O'Connor to Senior Vice President, Chief Legal and Business Development Officer
Advaxis Receives Preliminary Approval for Sale of Losses from State of NJ Economic Development Authority
Cardium Therapeutics, Inc. (CXM)
The QualityStocks Daily Newsletter would like to spotlight Cardium Therapeutics, Inc. (CXM). Today, Cardium Therapeutics, Inc. closed trading at $0.1923 up 1.21%, on 155,542 volume with 133 trades. The stock’s average daily volume over the past 60 days is 197,615, and its 52-week low/high is $0.17/$0.399.
Cardium Therapeutics, Inc. (CXM) is a health sciences and regenerative medicine company focused on acquiring and strategically developing new and innovative products and businesses to address significant unmet medical needs. Comprised of large-market opportunities with definable pathways to commercialization, partnering, and other economic monetizations, Cardium's current portfolio includes the Tissue Repair Company, Cardium Biologics, and the company's in-house MedPodium Health Sciences healthy lifestyle product platform.
The company's lead commercial product Excellagen® topical gel for wound care management recently received FDA clearance for marketing and sale in the United States. In addition to plans to advance the product's commercialization in the U.S. and internationally via strategic partnerships, the company plans to develop new product extensions for additional wound healing applications and is working towards securing approval for marketing and sale in South Korea and through the CE Mark application process in the European Union.
Generx®, Cardium's lead clinical development product candidate, is a DNA-based angiogenic biologic designed to treat patients with myocardial ischemia due to coronary artery disease. Cardium recently initiated its Generx Phase 3 / registration study in Russia. Consistent with its capital-efficient business model, Cardium is also actively evaluating new technologies and business opportunities. The company utilizes its team's skills in late-stage product development to bridge the critical gap between promising new technologies and product opportunities that are ready for commercialization.
Cardium is dedicated to building on its core products and product candidates to continually create new opportunities for greater success. Leveraging the advantages of its capital-efficient, asset-based business strategy, the company provides a diversified and more balanced portfolio of risk/return opportunities with the chief objective of providing long-term shareholder value. Disclaimer
Cardium Therapeutics, Inc. Company Blog
Cardium Therapeutics, Inc. News:
Cardium Announces Presentation at The 2013 Cell & Gene Therapy Forum
Cardium To Present At Biotech Showcase 2013 Investment Conference And Report On New Cardium Initiatives
Cardium Announces Sales and Distribution Agreement With Academy Medical to Promote Excellagen Clinical Adoption by U.S. Government Medical Providers
Today, TNI BioTech announced the signing of an exclusive licensing agreement for all of the intellectual property developed at Pennsylvania State by Dr. Ian S. Zagon, Dr. Patricia J. McLaughlin, and Dr. Jill P. Smith for the treatment of cancer.
Covering methods and formulations related to the treatment and prevention of cancers, particularly gastrointestinal cancer, the patents describe the use of drugs that interact with opioid receptors (naltrexone, naloxone and the pentapeptide growth factor Met-enkephalin) to inhibit and arrest the growth of cancer. Such efficacy has been discovered to be partly due to the functional manipulation of the zeta opioid receptor through exogenous and endogenous Met-enkephalin. This receptor has been determined to be present in a variety of cancers, including pancreatic and colon cancer.
As part of this agreement, TNI BioTech is working to acquire the orphan drug designation (IND), and clinical data set from Dr. Jill Smith.
“TNI BioTech is extremely pleased to acquire the exclusive rights to the patent portfolio of the Penn State Research Foundation,” stated Dr. Ronald Herberman, Chief Medical Officer and Senior Vice President for Research and Development. “Based on the pioneering work of Drs. Ian S. Zagon, Dr. Patricia J. McLaughlin and Dr. Jill P. Smith, these patents are related to the therapeutic efficacy and mechanism of action of Met-enkephalin, referred to as opioid growth factor. These patent acquisitions will help TNI BioTech develop our pipeline for therapy of cancer in conjunction with our other cancer therapies revolving around Met-enkephalin.”
For a summary of a clinical trial demonstrating the benefits of OGF in the treatment of pancreatic cancer, view today’s full press release at the following link: http://dtg.fm/m9uX.
New Energy Systems Group, an original design manufacturer and distributor of Anytone® and MeePower® branded consumer backup power systems for mobile devices and solar related application products to service municipal power applications, announced today that one of its subsidiaries, Shenzhen Anytone Technology Co., Ltd., has renewed its agreement with New Trent to produce New Trent’s products for distribution and sale in the United States and the UK in 2013.
New Trent is a Freemont, California-based retailer and distributor of mobile power devices for use in consumer electronics, such as smart phones, digital cameras, and mobile computing devices. New Trent’s products are built to be compatible with products from Apple, RIM, IBM, and Dell, and are sold to online and retail locations under its brand name.
The agreement stipulates that Anytone will produce three “New Trent” branded recharging devices for sale in the US and UK markets. The Model 8800 (NT99D), a line of flexible, back up mobile power devices for recharging and powering various brands of phones and tablets is included in the agreement. The Model CC01 (NT80C) is a brand new take on the USB car charger. Under the agreement, New Trent has committed to selling at least $1.0 million in Anytone product from February 2013 to February 2014. New Energy’s “Anytone” and “MeePower” brands are not included in this agreement.
Mr. Weihe “Jack” Yu, Chairman and CEO of New Energy Systems Group said, “Through last year’s successful cooperation experience, we are pleased to renew our agreement to sell Anytone made products in the US. With a strong portfolio of products for consumer electronic devices and accessories, we are focused on expanding our sales outside of China, where we hope to realize higher average selling prices and margins.”
For more information, please visit www.newenergysystemsgroup.com
Leading enterprise content management (ECM) intelligent content capture and delivery solutions provider Top Image Systems yesterday announced that a major European sugar manufacturer is implementing its eFLOW solution to automatically process all incoming invoices. The company, a private family enterprise with 2,028 employees, operates and maintains holdings in sugar factories throughout Europe. In order to automate its invoice process and approval workflow, this company is installing Top Image System’s eFLOW Invoice Reader and eFLOW Invoice for SAP.
Top Image Systems’ solution captures invoices in every format and then automatically extracts relevant data, delivering it into the manufacturer’s SAP ERP system. eFLOW Invoice for SAP then controls the extended invoice processing workflow, including matching data in the invoices to supplier information that is stored in the SAP database. This frees up valuable time for employers and speeds up the invoicing process, which enables companies to be eligible for early payment discounts and, simultaneously, improve supplier satisfaction.
The leading sugar manufacturer set goals for this project to reduce the amount of manual work in its accounts payable department, as well as to accelerate the invoicing process and seamlessly integrate with its SAP system. Upon careful consideration of the various available solutions, Top Image Systems’ eFLOW was selected due to its deep SAP integration, the high-quality local service of Top Image Systems and the company’s exemplary references in the Cologne region.
“We believe that the solution will not only achieve but exceed their stated aims,” said Michael Schraeder, managing director of Top Image Systems EMEA.
A leading innovator of enterprise solutions for managing and validating content that enters organizations from various sources, Top Image Systems delivers the content to applications that drive the organization – whether it is originating from mobile, electronic, paper, or other sources. The company’s eFLOW Platform is a common platform for its solutions. Top Image Systems markets its platforms in more than 40 countries through a multi-tier network of distributors, system integrators, value-added resellers, and strategic partners.
For more information, visit www.TopImageSystems.com
Corporate Resource Services, a staffing, recruiting, and consulting services firm, has finalized negotiations regarding its purchase of the Summit Software division of Tri-Tel Communications Inc. The acquisition is expected to close upon completion of customary approval requirements and closing conditions. Financial details of the deal were not disclosed.
Summit Software, an enterprise software applications company focused on the professional employer organization (PEO) industry provides outsourcing and management of human resources, employee benefits, payroll, and workers’ compensation.
CRRS plans to tap into its own client base to refine Summit Software’s current technology and create additional revenue.
“With the acquisition of Summit Software, we are taking an important step in executing Corporate Resource Services’ strategic plan,” John Messina, CRRS’ CEO, stated in the press release. ” …. With healthy profit margins and excellent opportunities for growth, Summit’s technology touches millions of people through more than 270 PEO and other clients and their base of customers. While maintaining the privacy of those customers and all of their respective employees, we believe that we can partner with our clients to transform Summit’s application into a predictable marketing channel and create another revenue stream.”
Sean Flanagan, president of Summit Software, said the company has already taken steps to hone its software and demographic criteria to fit CRRS’ strategy. In addition, it has begun efforts to create a working prototype for the system in the first half of 2013.
CRRS CFO Mike Golde detailed the financial vantage points of the acquisition in correlation with CRRS’ business strategy, as well as his expectations for the impact of the Obama Administration’s Affordable Care Act.
“The improvement in our profit margins is a key factor in our strategic plan,” Golde stated. “We have invested in our professional services business, particularly in accounting, finance and IT, and we are experiencing superior growth of these services as a result. … However, we also believe that there are excellent growth opportunities for all of our areas of specialty, including light industrial work, which typically generates lower margins. While we will continue to focus on adding higher-margin business and shift our overall business mix as a result, we don’t want to sacrifice the growth we are experiencing in light industrial and managed services. We agree with the views expressed by some financial commentators that the Affordable Care Act (commonly known as “Obamacare”) will drive demand for temporary services. We believe that the growth generated by Obamacare compliance will likely be significant with respect to lower-skilled labor.”
Golde noted Summit Software’s gross margins (above 60%) and operating margins (above 30%) in saying he believes the company’s results will improve CRRS’ overall profit margins. The acquisition is expected to be accretive to CRRS’ 2013 net income, though the impact on the first quarter is expected to be negligible as Summit’s operations are integrated.
For more information, visit www.crsco.com
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