Innofone.com Inc. (IMEN) closed today at $0.0029 up 141.61% from $0.0012 with 4,770,349 shares traded. (IMEN) was highlighted today by Standout Stocks.

Innofone.com Inc. in the past has been in the business of providing traditional telephone services with plans to offer in the future a range of low cost telecommunication services utilizing the Internet and wireless technology.

Innofone.com recently entered into an agreement to acquired 100% of IPv6 Summit Inc. IPv6 Summit is the leading organizer of IPv6 events in the world. For its first two fiscal years the company was profitable.

IPv6 stands for Internet Protocol version 6 and is the successor protocol to the current Internet, Internet Protocol version 4, which was introduced in June 1973 and turned 32 years old this summer. IPv4 is a 32-bit protocol, while IPv6 is 128-bits, allowing for 3.4 x 10 to the 38th power new IP addresses, and thus allowing for a vast increase in connecting people, places, and things to the Internet. IPv6 has new labels for Quality of Service and Flow that are being integrated into new products and services under development by many companies, and most new routers and operating systems include IPv6. IPv6 usage, in packets, is expected to grow over 1,000 times between now and 2010 in part due to dozens of government IPv6 mandates and new hardware and software that uses IPv6 for what some perceive as greater potential Internet security and quality.Med, Inc. (ONCO) previously at $0.075 up 46% at $0.11 with 585,139 shares traded (ONCO) was highlighted by OTC Advisors and AheadoftheBulls

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Tripath Technology, Inc. (TRPH) closed today at $0.0065 up 550% from $0.001 with 7,710,387 shares traded. (TRPH) was highlighted today by Standout Stocks.

Etelos, Inc., a leading provider of SaaS for businesses of any size, today announced the closing of its reverse merger into Tripath Technology Inc.. Through this transaction, Etelos becomes a public reporting company. The Etelos executive team will maintain control of the new entity and has applied for a new stock symbol.

“This is a significant step in the growth of our company,” said Jeffrey L. Garon, president and CEO. “We now feel we are positioned to execute on our vision of providing data ubiquity. This is accomplished through our SaaS model which includes a Platform as a Service (PaaS), a Marketplace for distribution and many cool Web apps for businesses and users alike. In the past year, we have made significant enhancements to the Etelos Marketplace™ and the Etelos platform, which come together in a revolutionary ecosystem for the development, distribution and consumption of Web Applications. These enhancements include the recent launch of Etelos AOP™ Beta, Etelos App Sync™ and Version 6 of the Etelos Application Server™. Together, these products create a platform agnostic distributed computing environment.

“Etelos continues to bring together innovative application developers, distributors and users in an open standards-based environment that fosters freedom of choice, reliability, security and scalability. The completion of our merger is expected to allow us to more cost-effectively raise the capital we need to take our company to the next level,” continues Garon.

Etelos recently announced new technology that enables true data ubiquity and application portability beyond simple online and offline synchronization. Etelos has filed multiple patent applications for technology that enables browser-based applications to function offline, reconcile changes made while offline, and synchronize data with any other application running in the cloud that is enabled with Etelos AOP and Etelos App Sync.

Etelos provides on-demand browser-based applications on the hosting environment that you choose. Etelos' technology for developing and deploying on-demand applications is revolutionizing the world of software distribution. The Etelos MarketplaceTM gives developers an easy way to license, distribute and host their applications, and businesses a wide selection of fully customizable, on-demand applications. Etelos, Etelos CRMTM, Etelos ProjectsTM, and Etelos Marketplace are trademarks of Etelos, Incorporated; other trademarks are the property of their respective owners.

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Anywhere MD, Inc. (ANWM) closed today at $0.007 up 250% from $0.002 with 7,498,000 shares traded. (ANWM) was highlighted today by Standout Stocks.

Anywhere MD, Inc. announced recently that it has entered into a letter of intent to acquire all of the issued and outstanding shares of ComedyNet by way of merger in consideration of an exchange of ComedyNet common shares for Anywhere MD common shares. The acquisition, which is subject to negotiation and execution of binding definitive documents, satisfaction of due diligence, approval by the shareholders, and other ordinary and customary closing conditions for a transaction of this type, is anticipated to close before the end of the second quarter.

ComedyNet is an on-demand digital programming network that is perfectly positioned as a leader in new digital programming which combines the entertainment power of traditional television coupled with the interactivity, community building and transactional properties of the Internet. The Company's strategy implemented by a proven successful management team with more than 100 years of industry experience combined is to remain platform neutral, with a multi-platform approach that mitigates risks and creates enormous cross-promotional opportunities.

In connection with the entry into the letter of intent, James Rose, President of Anywhere MD, Inc., stated, "We are extremely excited about our planned merger with ComedyNet. ComedyNet has utilized the highly successful community building broadband model of such video heavy sites such as MySpace and YouTube with a comic twist. ComedyNet's management has worked tirelessly to create a unique network that will generate revenue from a variety of advertising opportunities, subscription fees, pay-per-view, as well as video-on-demand across multiple distribution platforms and should provide a solid going-forward platform on which to build increasing shareholder value."

As both an on-demand and linear network, ComedyNet will be increasing its in-house production of sketch and stand-up. ComedyNet will continue to work with outside producers/studios for longer form content as well as animation and expand on their agreement with National Lampoon to market their content to the current cable base of ComedyNet.

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Restore Medical Inc. (REST) closed today at $1.54 up 180% from $0.55 with 2,272,784 shares traded. (REST) was highlighted today by OTC Picks .

Restore Medical Inc. stock nearly tripled in value Wednesday after Medtronic Inc. agreed to buy the medical device maker for about $29 million, or $1.60 per share.

Restore, which is based in St. Paul, Minn., makes the Pillar Palatal Implant System, used to treat breathing disorders like sleep apnea. Medtronic said the purchase increases its array of ear, nose and throat products.

Restore stock climbed $1 to $1.55, from Tuesday's closing price of 55 cents per share. The stock has fallen from a high of $2.86 to a low of 25 cents over the last year.

RBC analyst Phil Nalbone said he thinks the deal will close quickly, without other potential buyers coming forward. He described the buyout price as a "healthy premium" to Restore's sales.

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StemCells Inc. (STEM) closed today at $1.69 up 23.36% up from $1.37 with 1,950,233 shares traded. (STEM) was highlighted today by Stock Stars, Hot Otc and SpeculatingStocks.

StemCells Inc. said Wednesday it was granted an exclusive U.S. patent covering human neural stem cells derived from all tissue sources, including embryonic, fetal, child or adult tissue.

"We are confident that any third party wishing to commercialize neural stem cells as potential therapeutics or to use them as drug screening tools will have to seek a license from us irrespective of how they derive the cells," said Martin McGlynn, president and chief executive. "We have already granted licenses to several companies and are currently considering licensing others."

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VitalCare Diabetes Treatment Centers, Inc. (VDTI) closed today at $0.53 up 22.09% up from $0.43 on huge volume with 4,424,570 shares traded. (VDTI) was highlighted today by StockEgg.com, Penny Stocks Finder Blog and Standout Stocks.

VitalCare Diabetes Treatment Centers, Inc. a Nevada Corporation, today announced the national launch for opening licensed diabetes treatment centers utilizing the micro-dose intravenous insulin pump technology together with proprietary algorithms and clinical protocols for providing Intercellular Activation Therapy (iCAT) for treating diabetes.

The iCAT treatment is currently being administered at several clinics in Arizona, Nevada, Utah, Florida, Texas and Puerto Rico, to those who suffer from Type 1 and Type 2 Diabetes, in addition to secondary complications of Type 2 Diabetes including hypertension, peripheral vascular disease, retinopathy, heart disease, peripheral neuropathy, kidney disease, and diabetic wounds.

Jimmy McDougald, CEO, stated, “Due to VitalCare’s clinical specialists’ succeeding in the treatment of Type 1, Type 2 and Secondary Complications of Type 2 Diabetes over the past two decades, our executive board has decided to open opportunities for licensing VitalCare Diabetes Treatment Centers affiliates with certified training for qualified healthcare providers, for the licensing and use of iCAT Therapy. It is VitalCare’s goal to make iCAT Therapy more accessible to the 21 million diabetics in North America. The VitalCare Diabetes Treatment Centers will either be company owned, joint ventured or licensed to select qualified medical professionals.”

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Rancher Energy Corp. (RNCH) closed today at $0.47 up 14.63% up from $0.41 with 779,791 shares traded. (RNCH) was highlighted this month by QualityStocks.net Press, Small Cap Voice and Hot Stock Chat.

Rancher Energy Corp. today announced that the Company has entered into a new letter of intent with two experienced development partners for financing to support Rancher Energy's enhanced oil recovery program in Wyoming's Powder River Basin. Closing of the transaction, which is subject to regular company approvals, completion of due diligence, and certain conditions, is scheduled to occur on or before June 30, 2008.

Under terms of the new proposed financing arrangements, in return for an $83.5 million investment, the partners will earn up to a 55% working interest in Rancher Energy's three fields in the Powder River Basin -- Big Muddy, Cole Creek South, and South Glenrock. Approximately $71 million will be used to fund CO2 operations, while approximately $12.5 million will be used to retire Rancher Energy's note to GasRock Capital. Additionally, the partners have proposed building and owning a CO2 pipeline that will connect Rancher Energy's fields with the source of CO2 that Rancher Energy will receive.

John Works, President & CEO of Rancher Energy, said he believes the new proposed financing carries more favorable terms than the prior financing proposal as it also provides for the construction of the CO2 pipeline. "Our two new prospective partners are not only well financed but are highly experienced and well regarded for their work in the Rocky Mountain region. We look forward to moving forward with the due diligence process and closing this transaction in a timely manner."

Rancher Energy is an innovative oil & gas exploration & development company with a targeted strategy to reinvigorate older, historically productive oil fields in the hydrocarbon-rich Rocky Mountain region of the United States. Using CO2 injection coupled with other leading edge hydrocarbon recovery techniques, including 3-D seismic data and directional drilling, Rancher Energy expects to extract proven in-place oil that remains behind in mature fields. Rising energy demand and strong oil & gas prices combined with advances in oil recovery have made this strategy profitable. Rancher Energy is taking advantage of this convergence by acquiring low risk, high quality, historically productive plays with under-exploited reserves and developing customized enhanced recovery strategies to maximize production.

The QualityStocks.net Daily Newsletter would like to highlight Quotemedia, Inc. (QMCI) previously at $0.15 up 33.33% at $0.20 with 17,600 (QMCI) was highlighted by OTC Picks, Small Cap Voice and Small Cap Engine

Quotemedia, Inc. announced financial results for the fiscal year ended December 31, 2007. These results reflect a 49% increase in year-over-year revenue, from $3,742,534 in 2006 to $5,569,107 in 2007.

Quotemedia, Inc. recently announced a two-year agreement to provide streaming real-time portfolio management, and comprehensive financial market data and research information, to Zecco Trading, a wholly owned subsidiary of Zecco Holdings which powers one of the fastest growing online investing and trading communities

Quotemedia, Inc. announced the official launch of Quotestream ™ Professional, QuoteMedia ' s new streaming portfolio management solution designed specifically for use by financial services professionals, such as brokers, financial advisers and fund managers. The company also announced this week the appointment of Mr. George Katsch as Corporate Sales Director, to lead the company ' s new office in New York City.

Quotemedia, Inc. announced it has retained market2world communications inc. to assist in the launch of its Quotestream II real-time streaming portfolio management product. market2world is a Web 2.0 product launch and social media agency that specializes in blogger relations (BR) to secure online product previews and reviews from bloggers, podcasters, webcasting and social networking sites on the Internet.

Quotemedia, Inc. announced an agreement to provide stock market data and research information to Destination Television, Inc. The agreement will allow a significant new audience to view Quotestream's data at the new locations each month.

Quotemedia, Inc. recently announced the addition of more than 40 new European, Asian and South American Exchanges to its data provisioning. Some of the markets include Berlin, Paris, Amsterdam, Madrid, Milan, Vienna, Tokyo, Hong Kong, Shanghai, Australia, Buenos Aires, Sao Paulo and many others.

Quotemedia, Inc. engages in the development and distribution of financial market data and related services to a global marketplace. It specializes in the collection, aggregation, and delivery of both delayed and real-time financial data content through the Internet. Its products include stock market quotes, fundamentals, historical and interactive charts, company news, filings, option chains, insider transactions, corporate financial's, corporate profiles, investor relations provisions, level II, watch lists, and real-time snap quotes. Disclaimer

QuoteMedia, Inc. Daily Blog

QuoteMedia, Inc. News:

QuoteMedia Reports 49% Increase in Revenue for 2007 Fiscal Year

Zecco Trading Launches Streaming Market Data Platform for Active Traders

QuoteMedia Brings Respected Market Data Industry Veteran Onboard; Opens NYC Office

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