Daily Stock List
GroveWare Technologies Ltd. (GROV)
PennyStocks24, Bird Gang Stocks, GoldminePennyStocks, WallstreetSurfers, CashMoneyPlays, Stocktwiter, and Penny Dreamers reported this month on GroveWare Technologies Ltd. (GROV), and we are highlighting the Company, here at the QualityStocks Daily Newsletter.
GroveWare Technologies Ltd. is one of North America's leading providers of mobile solutions to enterprise. They specialize in the fast growing Mobile Business Process Management (BPM) marketplace. GroveWare has developed an advanced e-form-centric mobile application, "MobiTask™" for use with all the mainstream wireless operating systems used by Smartphones and tablets. The Company is particularly targeting the government, construction, healthcare, and law enforcement sectors. GroveWare Technologies has their headquarters in Toronto, Ontario.
Their MobiTask™ mobilizes employee tasks in the field and connects them directly to the organization's enterprise software systems. MobiTask™ allows organizations to deploy mobile solutions for workers in transit, quickly and cost-effectively. MobiTask™ provides the convenience of using dynamic electronic forms created using GroveWare's eXFORMA™ middleware to collect field data, manage workflow, HR and CRM tasks wirelessly, store documents locally and it integrates quickly with most ERP systems and back-end databases on any application.
Users can remotely and wirelessly clock-in/out, and approve and initiate workflow tasks, or use dynamic e-Forms for inspections, licensing and data collection all from their Smartphones. GroveWare's eXFORMA™ is a business process automation platform. It allows organizations to develop web based service delivery applications, efficiently, which integrate with their ERP investments simply, easily and without the need for programming.
For business users, it provides a user-friendly browser-based interface for quickly building robust electronic forms, which can automate business processes. For the Information Technology (IT) professional, it provides a powerful forms engine that can be plugged into company wide portals to serve up electronic processes throughout an enterprise.
This week, GroveWare Technologies presented their product line in Pittsburgh, Pennsylvania for senior Allegheny County officials. Allegheny County hosted the presentation to learn more about the significant financial and efficiency benefits available upon implementation of GroveWare's paperless document solution countywide. The Company's team highlighted the power and capabilities of new and powerful mobile technologies that can help municipalities save money and operate in greener environments. This is while delivering business efficiencies by eliminating paper use throughout the county.
GroveWare Technologies Ltd. (GROV), closed Wednesday's trading session at $0.905, up 64.55%, on 12,050 volume with 16 trades. The stock's 52-week low/high is $0.01/$11.50.
Sandstorm Metals & Energy Ltd. (STTYF)
FutureMoneyTrends.com reported previously on Sandstorm Metals & Energy Ltd. (STTYF), and today we are reporting on the Company, here at the QualityStocks Daily Newsletter.
Incorporated in 2010, Sandstorm Metals & Energy Ltd. is a diversified streaming and non-operating resource mining company. The Company provides upfront financing to resource companies that are looking for capital. In return, Sandstorm receives a commodity streaming agreement. The agreement gives the Company the right to purchase a percentage of the commodity produced, for the life of the asset, at a fixed price. Sandstorm Metals & Energy lists on the OTC Pink Current Information. The Company has their corporate headquarters in Vancouver, British Columbia.
Mr. Nolan Watson (President & CEO) and Mr. David Awram (Executive Vice President) founded Sandstorm. Prior to Sandstorm, they were the first two employees at Silver Wheaton Corp. (NYSE: SLW), which was the first metal streaming company, and has grown into the largest globally. Sandstorm has acquired a portfolio of four commodity streams in copper, natural gas and palladium. Their plan is to grow their production base via the acquisition of additional commodity streams.
The Company's projects include the Bracemac-McLeod mine, a copper stream. This is a high-grade volcanogenic massive sulphide (VMS) deposit located in the historic and prolific mining district of Matagami, Quebec. Sandstorm has a copper stream agreement to purchase 24.5 percent of the life of mine copper produced from the Xstrata operated Bracemac-McLeod Mine at a per pound price of US$0.80. This is subject to adjustment if the spot price of copper falls below US$2.75 per pound. If it does, the payments will decrease to US$0.55 per pound.
Another project of the Company is the Serra Pelada Mine, a palladium stream. Serra Pelada is a high-grade gold-platinum-palladium deposit located in the mineral and mining prolific Carajas region in Para State, northern Brazil. Colossus Minerals, Inc. (TSX: CSI) operates this project. Sandstorm has a palladium stream agreement to purchase 35 percent of the palladium produced from Serra Pelada at a price of US$100 per ounce.
Sandstorm also has their Hugo North Extension and Heruga project, another copper stream. Hugo North Extension is one of the world's richest porphyry copper-gold deposits. Heruga is a world class, copper-gold-molybdenum porphyry deposit. Sandstorm has agreed to purchase metal credits equal to 2.5 percent of Entrée's 20 percent share of the copper produced from the Heruga and Hugo North Extension deposits.
In addition, Sandstorm's projects include the Gordon Creek Property, a natural gas stream. They entered into a natural gas stream agreement with Thunderbird Energy Corp. (TBD.V) on a development property in the Gordon Creek area of Utah. Sandstorm has a natural gas stream agreement to purchase 35 percent of all natural gas produced from Gordon Creek at US$1.00 per mcf (plus 20 percent of the market price received that is above $4.00 per mcf).
Sandstorm Metals & Energy Ltd. (STTYF), closed Wednesday's trading session at $0.40, down 6.98%, on 115,040 volume with 36 trades. The average volume for the last 60 days is 196,803 and the stock's 52-week low/high is $0.071/$1.07.
CGX Energy, Inc. (OYL.V)
Wall Street Reporter and AllPennyStocks reported previously on CGX Energy, Inc. (OYL.V), and today we choose to highlight the Company, here at the QualityStocks Daily Newsletter.
Based in Toronto, Ontario, CGX Energy, Inc. is an oil and gas exploration company. They focus on the exploration of oil in the Guyana-Suriname Basin. The Company holds four licenses in this basin, a frontier basin in South America with a proven hydrocarbon system and highly prospective deepwater plays that can be drilled in shallow water. A team of experienced oil and gas and finance professionals from Guyana, Canada, the U.S. and the UK manage CGX Energy. CGX Energy lists on the TSX Venture Exchange.
The Company is pursuing the Equatorial Atlantic Margin Play, analogous to West Africa and Brazil. CGX has many prospects and leads, as well as an independent P50 resource estimate of 2.7 billion BOE (barrel of oil equivalent) of potential resources. Their licenses in Guyana cover 7.8 million acres gross, 6.2 million acres net. CGX Energy is the seventh largest landholder in Latin America.
CGX Energy announced in November 2012 that they transitioned to a new Corentyne petroleum agreement (Corentyne PA) and petroleum prospecting license (Corentyne PPL) offshore Guyana, effective as of November 27, 2012, renewable after four years for up to ten years. The new Corentyne PA applies to the former offshore portion of the Corentyne PPL, covering 6,212 square kilometers.
The basis of the license is on Guyana's revised specimen agreement but with terms and conditions similar to the former Corentyne PA. Under the terms of the new Corentyne PA, and during the initial period of four years, CGX Energy has an obligation to drill two wells.
Last week, CGX Energy announced that an independent resources evaluation was completed by DeGolyer and MacNaughton (D&M) of Dallas, Texas, for six prospects on CGX's Corentyne Petroleum Prospecting License (PPL). Using probabilistic analysis, D&M estimated a total best estimate (P50) Prospective Resources, as of December 31, 2012, for six oil and gas prospects of 779 million barrels of oil, 743 million barrels of condensate, 6,943 billion cubic feet of sales gas plus 696 billion cubic feet of associated solution gas.
CGX Energy, Inc. (OYL.V), closed Wednesday's trading session at $0.40, up 25.00%, on 281,063 volume with 56 trades. The average volume for the last 60 days is 48,624 and the stock's 52-week low/high is $0.08/$0.73.
MacroSolve, Inc. (MCVE)
FeedBlitz reported recently on MacroSolve, Inc. (MCVE), Greenbackers, PennyStocks24, SmallCap Network did earlier, and we are highlighting the Company today, here at the QualityStocks Daily Newsletter.
Based in Tulsa, Oklahoma, MacroSolve, Inc. is an enterprise with a strong intellectual property (IP) portfolio. They are advancing throughout the mobile applications era by innovating key technologies that have laid the foundation for apps and next-generation developers. The Company is a leading developer and marketer of mobile technologies. They leverage their IP portfolio, including their landmark patent, and generate revenues through licensing and consulting.
The Company has a history of landmark achievements ranging from patent #7,822,816, to the creation and recent sale of the Illume Mobile division, the formation and sale of the DigiTicket division, and other product ventures. MacroSolve's business strategy, with the sale of the Illume division, is focusing on taking advantage of their IP strength and corporate experience, specifically via undertaking new ventures with growth-oriented target companies looking for market intelligence and mentorship.
Concerning Revenue Streams, the expectation is that patent license royalties and settlements from enforcement actions will continue throughout the life of the '816' patent, which expires in 2025. Additional patent licensing revenues will come from DecisionPoint as they continue growing Illume Mobile across the country.
Earlier this month, MacroSolve announced the finalization of the agreement with MEDL Mobile Holdings, Inc. MacroSolve finalized their agreement with MEDL Mobile to bring to the forefront a program that offers access to MacroSolve's U.S. Patent 7,822,816 to thousands of app developers. MEDL Mobile has the right to grant a license of the patent to their clients on a 'per install' basis. MacroSolve will benefit through receiving a percentage of the passive revenues that are subject to MEDL achieving minimum performance goals.
Last week, MacroSolve announced that they filed additional patent infringement suits against Costco Wholesale Corp., Staples, Inc., Kohl's Department Stores, Inc., The Kroger Corp., Nordstrom, Inc., Pandora Media, Inc., Fandango, Inc., GameStop Corp., Gilt Groupe Holdings, Inc., and RueLaLa, Inc.
The Company's U.S. Patent No. 7,822,816 (issued October 26, 2010) addresses mobile information collection systems across all wireless networks, smartphones, tablets, and rugged mobile devices, regardless of carrier and manufacturer. Their patent covers fundamental technology in the mobile application space used by several companies.
MacroSolve, Inc. (MCVE), closed Wednesday's trading session at $1.45, up 6.62%, on 28,253 volume with 28 trades. The stock's 52-week low/high is $0.99/$2.99.
Anything Technologies Media, Inc. (EXMT)
PennyStockCrowd reported today on Anything Technologies Media, Inc. (EXMT), PennyStocks24 did yesterday, and we are reporting on the Company as well, here at the QualityStocks Daily Newsletter.
Listed on the OTC Pink Current Information, Anything Technologies Media, Inc. is a multi-media digital applications, production and marketing enterprise. Their corporate objective is to combine the expertise of their team members to create a cohesive force that will move the Company forward in the marketplace to a paramount position by way of revenue sharing and acquisitions.
Anything Technologies Media is based in California. They formerly went by the name Exchange Mobile Telecommunications Corp. They changed their name to Anything Technologies Media, Inc. in September of 2010. The Company will be the parent company of subsidiary Corporations. Each of these subsidiaries will have their own professional management team with extensive backgrounds in finance, new technologies, manufacturing, marketing and distribution.
Through their agreement with Anything Media, Inc., Anything Technologies Media engages in producing, marketing, and selling films, DVDs, CDs, and other products. Additionally, the Company provides social media/mobile apps and interactive online games in the U.S. and Southeast Asia.
Anything Media specializes in CD and DVD duplication. Their logistics Supply Chain Management center has complete fulfillment, mailing, printing, e-commerce, and website design solutions. Anything Media's customers run the gamut from smaller specialty content owners to some of the largest content providers in the country.
Earlier this month, Anything Technologies Media announced that they signed a Joint Venture agreement with Quaestus Advisors and formed Whole Earth Systems, LLC. Whole Earth will engage in the development, design, manufacturing and marketing of self contained indoor cultivation systems for fruits, vegetables, fish farming and medical marijuana.
Yesterday, the Company announced that Whole Earth Systems will launch the industry's first fully integrated and self-contained mass produced "Aquaponic" hydro garden for commercial and home medical marijuana cultivation. The system should be available for sale to the public this summer. Whole Earth Systems is a 51 percent owned Joint Venture of the Company. Whole Earth expects to produce numerous systems for home and commercial use. The pricing of the systems will be 20-40 percent less than standard hydroponic systems presently on the market.
Anything Technologies Media, Inc. (EXMT), closed Wednesday's trading session at $0.228, up 11.00%, on 845,659 volume with 137 trades. The stock's 52-week low/high is $0.14/$0.485.
Leatt Corp. (LEAT)
The Online Investor, Nebula Stocks, and SmallCapVoice reported earlier on Leatt Corp. (LEAT), and today we are reporting on the Company, here at the QualityStocks Daily Newsletter.
Listed on the OTCQB, Leatt Corp. develops, distributes and markets personal protective equipment and ancillary products for all types of sports, especially extreme motorsports. They offer the Leatt-Brace®, a neck brace to help prevent or lessen the severity of motorsport injuries to the neck. Leatt sells their products via the Internet and sales representatives around the world. Leatt has their headquarters in South Africa.
The Leatt-Brace® is an award-winning neck brace system considered the gold standard for neck protection for anyone wearing a crash helmet as protection. The design of it is for participants in extreme sports or riding motorcycles, bicycles, mountain bicycles, all-terrain vehicles, snowmobiles, as well as other vehicles.
In November 2012, Leatt received SFI certification of the Company's new racecar neck brace. In the Fourth Quarter of 2012, body protection expert Jorn Steffens joined their product development team. In addition, in the quarter, Leatt shipped their first 3DF® soft protection products to distributors. The Company indicates that the 3DF line protects more areas of the body, including the knees and elbows, while providing safety and comfort. Leatt believes that the 3DF line is a logical extension of the Company's brace and body protection products.
Today, Leatt announced their financial results for 2012, including the fourth quarter ended December 31, 2012. For the three months, ended December 31, 2012, their Revenues were $6.1 million, with a net profit of $630,847 or $0.12 per share. This is in comparison to $6.4 million, with net income of $445,924, or $0.09 per share, for the fourth quarter of 2011.
The Company's Revenues for the year ended December 31, 2012 decreased by $1.3 million (7 percent), to $16.6 million. This is in comparison to $17.9 million in the same period a year prior. Gross profit for 2012 was $8.9 million or 54 percent, down from 58 percent in 2011.
Operating income was $65,524, down from an operating income of $858,530 in 2011. Leatt's professional fees rose sharply because of litigation and the drive to be a fully reporting public company in the United States. This includes the recently gained DTC eligibility for their common stock. The Company reported a net profit of $78,643 for 2012. This represents a decrease of $685,856 (90 percent) from a net income of $764,499 for the year prior. Fully diluted income per share was $0.015, in comparison to fully diluted income per share of $0.15 for 2011.
Leatt Corp. (LEAT), closed Wednesday's trading session at $0.0251, up 73.10%, on 6,893,759 volume with 304 trades. The stock's 52-week low/high is $0.01/$0.08.
Stans Energy Corp. (HREEF)
Pro-Edge reported recently on Stans Energy Corp. (HREEF), Streetwise Reports did earlier, and today we are highlighting the Company, here at the QualityStocks Daily Newsletter.
Incorporated in 2005, Stans Energy Corp. is a resource development company whose shares trade on the OTC Markets' OTCQX International. The Company focuses on advancing Heavy Rare Earth (HRE) properties in regions of Central Asia and Russia. Stans Energy is concentrating on developing the materials necessary to meet the clean energy demands of the future. Their corporate goal is to build and produce their licensed properties containing rare earths, uranium, and associated metals in the near term. Stans Energy is based in Toronto, Ontario.
The Company indicates that their growth will come from acquiring, and participating in the development of, resource properties located in areas of the former Soviet Union. In December 2009, Stans Energy acquired a 20-year mining license for the past-producing Kutessay II rare earth mine from the Kyrgyz Republic. Stans Energy has completed a JORC compliant mineral resource estimate and a supplementary REE distribution report that identifies the main commercial components of the open pit mine.
On May 26, 2011, the Company completed the purchase of the Kashka Rare Earth Processing Plant (KRP). This same plant previously refined REEs from Kutessay II ores. The KRP was the only hard rock plant to produce all rare earth elements outside of the People's Republic of China (PRC). It produced 120 different metals, alloys, and oxides. Kutessay II produced 80 percent of the rare earth metals for the former Soviet Union for more than 30 years. Stans Energy's projects additionally include the Aktyuz Ore Field, Kalesay, Kyzyluraanskaya, as well as Alabuga and Koshdube.
This week, Mr. Rodney Irwin, Chairman of the Board of Stans Energy, Honorary Consul to Canada for the Kyrgyz Republic and Former Canadian Ambassador to Russia, reported that senior representatives of the Canadian government attended meetings with Kyrgyz government officials to demonstrate their support for Stans Energy's initiatives at Kutessay II.
Canadian Member of Parliament, Bob Dechert; Parliamentary Secretary to Foreign Minister John Baird, accompanied by Trade Commissioner Marc Andre Savage from the Canadian Embassy met with senior Kyrgyz government officials. The objective of the meetings was to provide support for Canadian mining companies operating in Kyrgyzstan.
Stans Energy Corp. (HREEF), closed Wednesday's trading session at $0.76, even for the day, on 11,479 volume. The stock's 52-week low/high is $0.41/$1.11.
EnerJex Resources, Inc. (ENRJ)
Wall Street Resources reported today on EnerJex Resources, Inc. (ENRJ), Ceocast News did earlier, and we are reporting on the Company, here at the QualityStocks Daily Newsletter.
EnerJex Resources, Inc. is a domestic onshore oil company with corporate headquarters in San Antonio, Texas. The Company has assets located in Eastern Kansas and South Texas. Their primary business is to acquire, develop, explore and produce oil properties onshore in the U.S. EnerJex Resources is concentrating on the acquisition and development of shallow oil properties that have low production decline rates and that offer plentiful drilling opportunities with low risk profiles. EnerJex Resources' shares trade on the OTC Markets' OTCQB.
The Company's projects include El Toro, Mississippian, and Cherokee. The El Toro Project is in Atascosa and Frio Counties in Texas, just south of San Antonio. Their Mississippian Project is in Woodson and Greenwood Counties in Southeast Kansas. Their Cherokee Project is in Miami and Franklin Counties in Eastern Kansas.
Concerning oil production, EnerJex Resources produced 27,856 net barrels of oil during the fourth quarter of 2012. Adjusted for asset sales, this represents an 81 percent increase in comparison to the same period in 2011. For the full year, they produced 96,842 net barrels of oil. Adjusted for asset sales, this represents a year-over-year increase of 88 percent in comparison to the year prior.
EnerJex expects to achieve a stabilized production rate of 1,000 barrels of oil per day within approximately 24 months. The Company's intention is to drill over 100 wells in their Mississippian Project and over 150 wells in their Cherokee Project this year. This represents an expected increase of over 100 percent in their Mississippian Project and a similar number of wells in their Cherokee Project in comparison to last year.
The Company drilled 35 oil wells and 14 secondary recovery water injection wells in their Mississippian Project during 2012. This represents a 289 percent increase in new producer wells and a 250 percent increase in new injector wells compared to 2011. They drilled 91 oil wells and 86 secondary recovery water injection wells in their Cherokee Project during 2012. This represents a 94 percent increase in new producer wells and a 207 percent increase in new injector wells compared to 2011.
EnerJex Resources, Inc. (ENRJ), closed Wednesday's trading session at $0.039, down 2.50%, on 14,864,449 volume with 380 trades. The average volume for the last 60 days is 715,450 and the stock's 52-week low/high is $0.005/$0.0565.
Soul and Vibe Interactive, Inc. (SOUL)
The QualityStocks Daily Newsletter would like to spotlight Soul and Vibe Interactive, Inc. (SOUL). Today, Soul and Vibe Interactive, Inc. closed trading at $0.35, up 8.36%, on 875,989 volume with 326 trades. The stock’s average daily volume over the past 60 days is 208,691, and its 52-week low/high is $0.26/$1.45.
Soul and Vibe Interactive Inc. announced plans today to build micro-transactions into the company's games across multiple platforms including its console, mobile, and PC, making use of the growing trend to better monetize their library of titles. The ability to purchase additional functionality and content like this lends itself naturally to the company's publishing model, which is built on multi-platform support and intelligent exploitation of their access to content licensing from major brands like General mills.
Soul and Vibe Interactive, Inc. (SOUL) is a publisher of games and game-related content for consoles, mobile devices, and personal computers. The company specializes in creating original intellectual properties and has extensive experience licensing world-renowned brands from influential companies. Notably, Soul and Vibe is the only company with the right to license General Mills brands for video game applications.
Leveraging partnerships with software developers around the world, Soul and Vibe transforms unique concepts into engaging and affordable entertainment experiences. The game publisher has established game development and publishing agreements for the Xbox 360® video game and entertainment system, Windows 8, Windows Live, and Windows Phone from Microsoft, and the PlayStation® 3 computer entertainment system and PlayStation® Vita (PS Vita) from Sony.
Soul and Vibe stands out from the crowd by breaking through marketplace clutter and noise via direct-to-consumer tactics that reverberate from the core player to the mainstream gaming audience. Making games as fun to talk about as they are to play is a key focus of the company. The more personable and memorable the play experience, the more likely consumers and press will talk about the game and its publisher.
The burgeoning game industry spans across diverse demographics and offers wide-ranging opportunities for profit and growth. Consumer spending on console, mobile, and personal computer game software exceeded $56 billion in 2010 and is projected to reach $82 billion by 2015. This revenue represents more than 2x the size of the music industry and nearly 3/5th the size of the entire film industry. Disclaimer
Soul and Vibe Interactive, Inc. Company Blog
Soul and Vibe Interactive, Inc. News:
Soul and Vibe to Build Micro-Transactions Into Its Console, Mobile, and PC Games
Soul and Vibe to Pursue Business Development Deals at Game Connection Conference in San Francisco
Soul and Vibe to Monetize Avatars to Create Marketing Impressions and Additional Revenues
Viscount Systems, Inc. (VSYS)
The QualityStocks Daily Newsletter would like to spotlight Viscount Systems, Inc. (VSYS). Today, Viscount Systems, Inc. closed trading at $0.09, off by 8.16%, on 50,405 volume with 7 trades. The stock’s average daily volume over the past 60 days is 63,158, and its 52-week low/high is $0.0069/$0.148.
Viscount Systems, Inc. reported selection today of the company's Freedom access control technology for deployment at the facilities of a regional bank with operations in Ohio, West Virginia, and Kentucky. The deal marks a triumphant entry for VSYS into the financial services industry and marks what is likely to be the first of many such more installations for the company. This vector adds considerably to the company's established success landing contracts to deploy the revolutionary security platform in the U.S. Federal Government market, as well as in the education and residential high-rise space.
Viscount Systems, Inc. (VSYS) designs, manufactures, and services access control and security products such as door access control systems and emergency communications systems. The company's products have been installed in approximately 35,000 sites in over 30 countries, including prisons, schools, hospitals, and corporate offices.
Designing security systems since 1969, the company has developed strategic working relationships with leading equipment vendors to support its continued profitability and growth. Viscount has been consistently profitable for nearly 15 years and currently generates annual revenues of approximately $5 million.
Five hundred dealers help distribute Viscount's existing products throughout North America. This distribution network is not static as the company constantly pursues additional sales channels. Products are advertised in various print publications and regularly displayed at tradeshows as well. Direct marketing via training seminars also helps drive sales.
Viscount's management team has more than 60 years of combined experience in the development and production of electronic door control and telecommunication systems. Under this leadership, the SIA Convergence Solution of the Year accolade and Platinum Award for Emergency Response and Gold Award for Access Control at the Government Security Awards (GOVSEC) for 2011 have been presented to the company. Disclaimer
Viscount Systems, Inc. Company Blog
Viscount Systems, Inc. News:
Viscount Systems Secures Midwestern Bank Facilities
Viscount Systems to Release 2012 Financial Results
Viscountís Freedom Access Control Technology Secures Dallas High Rises
VistaGen Therapeutics, Inc. (VSTA)
The QualityStocks Daily Newsletter would like to spotlight VistaGen Therapeutics, Inc. (VSTA). Today, VistaGen Therapeutics, Inc. closed trading at $0.83, up 38.31%, on 2,400 volume with 2 trades. The stock’s average daily volume over the past 60 days is 3,518, and its 52-week low/high is $0.06/$2.80.
VistaGen Therapeutics, Inc. (VSTA) is a biotechnology company applying stem cell technology for drug rescue and cell therapy. Drug rescue combines human stem cell technology with modern medicinal chemistry to generate new chemical variants ("drug rescue variants") of once-promising drug candidates that have been discontinued during late-stage preclinical development due to heart or liver safety concerns. VistaGen also focuses on cell therapy, or regenerative medicine, which includes repairing, replacing or restoring damaged tissues or organs.
VistaGen's versatile stem cell technology platform, Human Clinical Trials in a Test Tube™, has been developed to provide clinically relevant predictions of potential heart and liver toxicity of promising new drug candidates long before they are ever tested on humans.
By more closely approximating human biology than conventional animal studies and other nonclinical techniques and technologies currently used in drug development, VistaGen's human stem cell-based bioassay systems can improve the predictability of the drug development cycle and lower the cost of new drug research and development by identifying product failures earlier in the cost curve. According to the Food and Drug Administration even only a ten percent improvement in predicting failure before clinical trials could save $100 million in development costs, which savings ultimately could be passed on to patients.
Using mature human heart cells produced from stem cells, VistaGen has developed and internally validated CardioSafe 3D™, a novel three-dimensional (3D) bioassay system for predicting the in vivo cardiac effects of new drug candidates before they are tested in humans. VistaGen is now focused on using CardioSafe 3D™ to generate up to two new, safer small molecule drug rescue variants every twelve to eighteen months. VistaGen anticipates that these drug rescue variants will be modified versions of once-promising new drug candidates that have been discontinued by pharmaceutical companies and academic research institutions because of heart toxicity concerns, despite substantial prior investment and positive efficacy data demonstrating their potential therapeutic and commercial benefits. In most cases, VistaGen plans to license or sell its new, safer drug rescue variants in strategic partnering arrangements with global pharmaceutical companies, arrangements providing VistaGen with both near term and downstream milestone payments and economic participation rights but without future development cost obligations.
AV-101, VistaGen's lead small molecule prodrug candidate has successfully completed Phase I clinical development in the U.S. for treatment of neuropathic pain, a serious and chronic condition affecting millions of people worldwide, depression, and other neurological diseases and conditions. To date, the U.S. National Institutes of Health (NIH) has awarded VistaGen over $8.75 million for development of AV-101. Management anticipates strategically out-licensing AV-101 to a development and marketing partner in 2013.
Neuropathic pain affects approximately 1.8 million people in the U.S. alone. Although the current active AV-101 IND is for the treatment of neuropathic pain, VistaGen's development plan and regulatory strategy for AV-101 has been designed to allow its Phase 1 safety studies to support Phase 2 development for depression, epilepsy, Huntington's Disease and Parkinson's disease, indications for which there is now supporting preclinical efficacy data. To date, VistaGen has been awarded over $8.5 million from the U.S. National Institutes of Health (NIH) for development of AV-101.
VistaGen is also developing LiverSafe 3D™, a novel predictive liver toxicity and drug metabolism bioassay system for drug rescue applications. In parallel with drug rescue activities, the Company is funding early-stage nonclinical studies focused on potential cell therapy applications of its Human Clinical Trials in a Test Tube™ platform. Disclaimer
VistaGen Therapeutics, Inc. Company Blog
VistaGen Therapeutics, Inc. News:
VistaGen Therapeutics to Present Enhancements and Expanded Validation of LiverSafe 3Dô at Society of Toxicology's 52nd Annual Meeting
VistaGen Therapeutics to Present CardioSafe 3D(TM) Developments at Society of Toxicology's 52nd Annual Meeting
VistaGen Therapeutics Enters Strategic Collaboration With Celsis to Further Advance LiverSafe 3Dô
Bergamo Acquisition Corp. (BGMO)
The QualityStocks Daily Newsletter would like to spotlight Bergamo Acquisition Corp. (BGMO). Today, Bergamo Acquisition Corp. closed trading at $0.0349, up 34.23%, on 200 volume with 2 trades. The stock’s average daily volume over the past 60 days is 166,640, and its 52-week low/high is $0.01/$0.065.
Bergamo Acquisition Corp. (BGMO) is a global investor targeting a diversified portfolio of large corporate and middle-market companies for sole acquisition and co-investment alongside other sophisticated investors such as private equity funds, hedge funds, investment banks, and other institutions. The company has engaged investments in financial instruments and companies worldwide.
Alternative energy is a key focus of the company. Bergamo Acquisition has developed solar generators for cell phone towers, solar generators for home and industry applications, and solar operated tube well water pumping systems to meet the vast needs of emerging markets. The company’s turnkey solutions help developers, utilities, water districts, power plant owners, and industrial customers diversify their existing generation portfolio.
Bergamo Acquisition executes energy projects from concept through completion, offering design, construction management, and facility maintenance services. Together with pre-designed and packaged Balance of Plant and standardized Power Plant Control Modules, the company enables rapid project commissioning and provides an optimum balance between capital cost, plant performance, and operational and maintenance expenses.
The company’s technical team has been working with government officials, manufactures, and importers in Asia, Africa, and the Middle East to introduce its state-of-the-art technology. Investable funds are already in place to pursue investment opportunities in these and other countries. Bergamo Acquisition relies on its extensive network within the global institutional investment and banking industries to source the best opportunities. Disclaimer
Bergamo Acquisition Corp. Company Blog
Bergamo Acquisition Corp. News:
Bergamo Acquisition Corp. Provides Authenticated Documentation to Confirm Bank Deposits
L.L. Bradford Letter Confirms Funding Reported by Bergamo Acquisition Corp.
Bergamo Acquisition Corp. Signs Investment Agreement
Soul and Vibe Interactive, a publisher of games and game-related content for consoles, mobile devices, and personal computers, told investors today of plans to include micro-transactions in its games across multiple platforms. Micro-transactions, or the purchase of additional functionality and/or content within a game, are growing ever more popular as gaming habits and purchase preferences advance.
Parks Associates published a research report showing how smartphones and tablets are changing the gaming population and the way players pay for games. Because many of today’s games are integrated with a player’s established online account for their hardware platform of choice, it is easier than ever for users to make in-game purchases. Notably, this report states that gamers who play “free-to-play” mobile games are spending $21 per month to purchase virtual goods and upgrades.
“Soul and Vibe’s publishing model is built on multi-platform support: console, mobile, and personal computer. Mobile games are key revenue generating marketing vehicles for our upcoming console and PC games. We will be supporting monetized content in all of our games, regardless of the platform, which allows us to expand the gaming experiences we introduce. Best yet, through support of cross-platform play, monetized content introduced through our mobile products will allow gamers to uniquely enhance their console and personal computer play experiences both at home and on the go,” stated Soul and Vibe’s CEO and President, Peter Anthony Chiodo (“Tony”).
The move is a smart one being made by other gaming companies. Electronic Arts, a $5.3 billion industry giant, also recently announced the inclusion of micro-transactions in its future games. Embraced by consumers, the micro-transaction model provides additional recurring revenue streams for the companies who employ it.
For more information, visit www.soulandvibe.com
Today before the opening bell, Viscount Systems announced that its Freedom access control technology is being installed at facilities owned by a regional bank with operations in Ohio, West Virginia, and Kentucky. Freedom IP bridges, Freedom servers, and software are all being employed, replacing the bank’s existing access control systems.
“This is the first deployment of Freedom into the financial services industry,” stated Stephen Pineau, President and CEO of Viscount. “While we are continuing to make great inroads within the U.S. Federal Government market, sales of Freedom to a wide range of other vertical markets, including banking, schools and multi-tenant high rises, are also increasing. It’s important to continue to diversify our end-user base among government and commercial customers.”
Utilizing existing logical IT security software (LDAP) to replace both the control panel component and the software component of traditional systems, Viscount’s Freedom technology eliminates up to 80% of the cost of traditional systems that require the installation of control panels. In addition to drastically reducing system costs, Freedom also provides a much more secure software solution.
For more information, visit www.viscount.com
It was called not only the biggest bubble in real estate history, but the biggest bubble of any kind that has ever happened. It involved not only the U.S., but countries around the world, with the globalization of economic markets feeding the spread. Any time that the market value of something is based primarily upon independent price inflation not tied to corresponding changes in fundamentals, it can be termed a speculative bubble. It’s an occasional though inevitable occurrence in free markets, able to tempt even foundational institutions with the prospect of easy money. But it doesn’t take a serious student of history to recognize that every bubble is inevitably followed by some sort of crash.
In 2003, a healthy rise in U.S. real estate prices began to turn into a boom, with average new home prices jumping nearly 50% over the next three years. Then, in 2006, the inflow of money dwindled, soon turning the other way. By 2008, the outward flow had become a panic, with falling prices eventually leaving close to a quarter of all U.S. homeowners owing more on their homes than they were worth in the market. In some states, thousands of homes were simply deserted as people walked away from mortgages. Finally, in 2012, prices bottomed out, and investors, who had never gone completely away, began to pounce, purchasing and holding property as rentals and waiting for prices to go up, which they are now doing.
With some cities now seeing double-digit price gains, including parts of California, and with mortgage rates still low, the dream of home ownership has come back to life in a big way. Even those who got hit the worst are looking to jump back in. But the loan market today has little in common with that of 2006, based as it is on much stricter credit requirements.
It’s a world tailor-made for California-based Loans4Less.Com, a rapidly growing online mortgage loan brokerage. The company focuses on conforming “A” paper loans, and is actively developing a national Web-based loan origination platform for joint venture and licensing partners. The company is in a unique position, and is highly optimistic about the growth of its target market as housing bounces back, an understandable view considering the company’s total revenues for 2012 increased by approximately 64% compared to 2011.
For more information, visit www.Loans4Less.com
Today, cellular therapy leader NeoStem announced that the National Institute of Allergy and Infectious Diseases (NIAID), a division of the National Institutes of Health (NIH), has awarded the company the second year of a two-year grant for “Development of Human, Autologous, Pluripotent Very Small Embryonic Like (VSELs) Stem Cells as a Countermeasure to Radiation Threat,” Grant Number 5R43AI098325-02. The two-year grant will total $595,252.
A peer-reviewed grant, the grant was given in support of research to be headed by NeoStem Director of Stem Cell Science Denis O. Rodgerson, Ph.D., and Mariusz Ratajczak, M.D., Ph.D., who is head of the stem cell biology program at the University of Louisville’s James Graham Brown Cancer Center and the co-inventor of VSELTM Technology.
The award will fund studies investigating the potential of very small, embryonic-like stem cells as a countermeasure for radiological and nuclear threat. The product candidate, an autologous stem cell therapy derived from a patient’s own stem cells, will be developed both as a rescue measure for patients who have been exposed to radiation through nuclear accident or terrorist threat and as a treatment for cancer patients who have undergone radiation therapy and have resultantly compromised immune systems.
Persons exposed to high doses of radiation, either through cancer treatment or nuclear exposure, have compromised immune systems that make them much more vulnerable to the virulence and infectivity of biological agents. Following radiation exposure, death can occur within one to six weeks. A rescue through stem cell transplantation is currently the only intervention that can save a fatally irradiated person. VSELs may represent an ideal cell therapy for regenerating the body’s immune system and repairing other tissues damaged by exposure to radiation, as early studies have shown that VSELs are resistant to lethal radiation, which destroys other immune system-restoring stem cells in the body. This makes post-exposure autologous treatment possible.
The grant award consisted of $295,252 for the first year of the project and now includes an additional $300,000 for the second year.
“We are very pleased that our research has met its interim requirements and been awarded its second year of funding,” said Dr. Dennis O. Rodgerson.
“NeoStem is pleased that the NIAID is continuing to fund this cutting-edge technology that we hope will reinvent the treatment landscape for acute radiation syndrome,” added NeoStem Chairman and CEO Dr. Robin L. Smith. “We also expect to file an IND with the FDA in late 2013 or early 2014 to initiate a NIH-funded human clinical study treating periodontitis with VSELTM.”
For more information about NeoStem, visit www.neostem.com
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