Asta Funding, Inc. (ASFI)

The QualityStocks.net Daily Newsletter would like to highlight Asta Funding, Inc. (ASFI) as "One to Watch" (ASFI) closed today at $8.73 with 164,735 shares traded (ASFI) was highlighted by Street Authority, Motley Fool

Asta Funding, Inc. appears poised to capitalize on the continued trend of rising consumer defaults, that has shown no sign of a turnaround anytime soon, Asta Funding, Inc. has positioned itself to benefit from the effect of a worsening credit market through the purchase, management and, and service for distressed performing and non-performing consumer receivables. It acquires, manages, collects, and services portfolios of consumer receivables, including charged-off receivables, semi-performing receivables, and performing receivables, making the beleaguered credit and mortgage markets a potential boon for the company and its investors.

Asta Funding, Inc. announced this month they have secured a loan for approximately $8.2 million, which proceeds from the loan will be used to pay down the Company's revolving line of credit with its consortium of banks. A shortfall in collateral otherwise would exist due to set offs taken by one of our services for fees and reimbursement of court costs expended by it. The Company has decided that at this time, this course of action is the best remedy to this situation, while offering the possibility of more effective collections and possibly accelerating the legal process where appropriate.

Asta Funding, Inc., together with its subsidiaries, engages in purchasing, managing for its own account, and servicing distressed performing and non-performing consumer receivables. It acquires, manages, collects, and services portfolios of consumer receivables, including charged-off receivables, semi-performing receivables, and performing receivables.

Joytoto USA, Inc. (JYTO)

On Thursday of last week, The QualityStocks.net Daily Newsletter highlighted Joytoto USA, Inc. (JYTO) as "One to Watch" at $0.45 (JYTO) closed today at $0.61 on heavy volume with 173,100 shares traded

Joytoto USA, Inc. recently announced that it had entered into a definitive agreement to acquire Joyon Entertainment, Inc., which is in the online games and electronics manufacturing businesses. In late October of last year the company announced it would change its name and stock symbol to Joytoto USA, Inc. (JYTO) through the completion a one for forty reverse split of the Company's common stock.

Joytoto USA, Inc. operates through two major business segments. First, the company manufacturers digital consumer multimedia products such as MP3 players. Second, it develops and distributes online interactive video games.

Joytoto USA, Inc distributes various consumer electronic products to Best Buy, including Best Buy’s in-house Insignia brand MP3 player. Joytoto has developed several, high quality MP3 players for Best Buy, which include features such as wireless technology, high speed USB 2.0 interface, and Mac & PC compatibility.

Joytoto USA, Inc. engages in the online games and electronics manufacturing businesses. The company is based in Santa Clara, California.

China Precision Steel, Inc. (CPSL)

China Precision Steel, Inc. (CPSL) previously at $4.34 up 37% at $5.97 with 23,670,353 shares traded (CPSL)) was highlighted by WallStreet Grand, StockEgg.com, OTC Stock Alert, HotOTC.com, Knobias, Penny Stock Solutions, OTC Picks, Small Cap Investor

China Precision Steel, Inc. announced this month that 2008 third Fiscal Quarter Highlights included revenue growth of 61.3% year-over-year to $18.7 million. Gross profit increased 58.0% to $5.3 million and gross margin was 28.4% Income from operations increased 136.9% to $4.4 million , Net income was $4.6 million, or $0.10 per fully diluted share, up 231.1% year-over-year, Exports accounted for 19.0% of revenue, up from 2.3% a year ago

China Precision Steel, Inc. shares surged last September hitting the 11.00 mark which many saw rise in stock price as a chance for some profit taking. The company produces thin cold-rolled precision steel strips, which are primarily used in the manufacture of automobile parts and components, food packaging materials, saw blades, textile needles, microelectronics, packing, and containers.

China Precision Steel, Inc., through its subsidiary, Shanghai Chengtong Precision Strip Co., Limited, operates as a precision steel processing company that engages in the production and sale of high precision cold-rolled steel products in the People's Republic of China.

Puda Coal, Inc. (PUDC)

Puda Coal, Inc. (PUDC) previously at $0.53 up 13% at $0.60 on heavy volume with 2,031,272 shares traded. (PUDC) was highlighted today by Micro-Cap Opportunity, Stock Stars, HotOTC.com, Knobias, Microcap alliance and Stand Out Stocks

Puda Coal, Inc. today announced solid First Quarter 2008 Highlights, which included a Net revenue increase of 35% at a record $50.6 million, Operating income totaled $6.2 million, down 1.4% from the first quarter of 2007, Net income increased 11.6% year over year to $4.3 million, Adjusted net income rose 12.8% to $4.1 million, Sales of cleaned coal totaled 576,000 metric tons (MT), up 23.3% from the first quarter of 2007.

Puda Coal, Inc. financial's were also helped by new contract with Yanzhou Liming Coke and Coal Distribution Ltd. to supply up to 120,000 metric tons of cleaned coking coal before the end of 2008, or approximately 12,000 MT per month for ten months.

The recent string of positive filings and revenue combined with increased the demand for coal in China due impart to a recent coal shortage, has many predicating the worst electricity shortage in China in at least five years.

Puda Coal, through its affiliates and controlled entities, supplies premium grade coking coal to the steel making industry for use in making coke. The management believes it is the largest coking coal cleaning company in terms of capacity in Shanxi Province, China. Shanxi Province provides 20-25% of China's coal output and supplies nearly 50% of China's coke.

Cannon Exploration Inc. (CNEX)

Cannon Exploration Inc. (CNEX) previously at $4.10 up 12% $4.40 with 72,229 shares traded (CNEX) was highlighted by OTC Stock Exchange, Sizzle Stocks and OTC Picks

Cannon Exploration Inc. shares hit the $7.25 mark this week, followed by some profit taking yesterday which saw the stock retrace back to the $2.45 range. Investors took note of the lower stock price today and responded with another round of buying today, which saw shares rise again today, closing at $4.40

Investors have rode this week’s wave of momentum created by the announcement  that Cannon has entered into a Letter of Intent (LOI) agreement with IPMG Inc., an Ontario mineral resource exploration company, whereby IPMG has agreed to grant to Cannon Exploration Inc. an option to purchase up to 100% interest in the old "Queen Alexandria" gold mine, located in Northern Ontario.

Cannon Exploration is positioning itself to emerge as a pre-eminent resource exploration company in the North American mining industry, and particularly properties located in preferred mining districts in Canada.

Hoku Scientific Inc. (HOKU)

Hoku Scientific Inc. (HOKU) previously at $8.12 up 8% at $8.46 with 274,731 shares traded. (HOKU) was highlighted by Momentum Traders, StockEgg.com, Barchart, Knobias, OTC Picks Small Cap Investor, Energy and Capital and Zacks

Hoku Scientific Inc. announced yesterday that The Hawaii Public Utilities Commission approved a contract for Hawaiian Electric Company to purchase power from a photovoltaic (PV) power system that Hoku Solar, Inc., will install on the roof of Archer Substation at Hawaiian Electric's Ward Avenue facility. The 218-kilowatt PV system is expected to be in service by the end of 2008.

Hoku Scientific Inc. announcement yesterday comes on the heels of another Hawaii based agreement with Paradise Beverages, Inc. to install a PV power system at its Oahu facility. Hoku Solar had previously completed the installation of two turnkey PV power systems for Paradise Beverages at its Kailua-Kona, on the Big Island of Hawaii, and Lihue, Kauai, facilities. Paradise Beverages is the Hawaii distributor for Heineken, Coors and Miller products.

Hoku Scientific Inc. also recently announced that the company has entered into a $185 million dollar financing agreement with Merrill Lynch, which will allow Hoku to begin construction and start-up of a new polysilicon plant, slated to begin in May 2008.

Hoku Scientific Inc's shares were also helped on news that the company inked a deal with Solarfun Power Holdings Co. to deliver polysilicon at a set price to avoid spikes in the cost of polysilicon. Polysilicon is a key component in Solar Technologies, has seen increased price surges as the demand for solar products increases. The 8 year supply deal will begin shipping the second half 2009, and once the contract is completed the deal could be worth up to $306 million.

Hoku Scientific, Inc., a materials science company, focuses on clean energy technologies. The company designs, develops, and manufactures membrane electrode assemblies (MEAs) and membranes for proton exchange membrane.

China Organic Agriculture, Inc. (CNOA)

China Organic Agriculture, Inc. (CNOA) previously at $1.34 up 6% at $1.43 with 682,730 shares traded (CNOA) was highlighted by Stand Out Stocks, Stock Stars, Knobias, HotStocksRus, AheadoftheBulls, Shazam Stocks, Wall Street Savant, AheadoftheBulls, Wall Street Grapevine, Boon Market, Micro Cap Money, Small Cap Voice, Stock Up Ticks, Triple Crown Stocks, PamplonaPicks.com OTC Stock Exchange and Vigilant Trader.

China Organic Agriculture, Inc. shares were helped after the company announced its operating results for the quarter ended March 31, 2008. China Organic Agriculture, Inc. saw a 83% increase in Net sales for the first quarter of 2008 to $7.5 million compared to $4.1 million for the first quarter of 2007. First quarter net income was $1.0 million, compared to $1.7 million for the first quarter of 2007, with earnings per share decreasing to $0.02 per diluted share compared to $0.03 per diluted share for the comparable period of 2007.
China Organic Agriculture, Inc. has continued to expand its footprint through new partnerships with major retail distribution system partners in China recently announcing the acquisition of Dalian Baoshui District Huiming Trading Limited, a major player in the food transportation industry in the northeast provinces.

China Organic Agriculture, Inc. has continued to release positive news including a separate 3 year retail distribution agreement with Tongda Grain and Oil Company, located in Songyuan City, which is expected to contribute revenues of 30 million Yuan, equivalent to approximately USD $3 million.

China Organic Agriculture, Inc. also announced, it has reached a milestone 3-year retail distribution agreement with Shunda Grain and Oil Company of Songyuan City, which will sell CNOA's “ErMaPao” award-winning series of products to the Fuyu region. The deal is expected to contribute revenues of 30 million Yuan, equivalent to approximately USD $4 million within calendar year 2007. China Organic Agriculture is among the largest producers of organic rice in China.

China Organic Agriculture, Inc. controls all aspects of the process from seeds to planting and processing, R&D and distribution.

JayHawk Energy, Inc. (JYHW)

JayHawk Energy, Inc. (JYHW) opening today at $2.31 up 4% at $2.42 with 364,626 shares traded (JYHW) was highlighted by Schaeffers Research, Hot Stix, Inc., FRT Alerts, Newsletter Advisors, Investor Spec Sheet, Another Winning Trade, Chart Advisors, Raging Stocks, Emerging Markets

JayHawk Energy, Inc. continues to secure interests in the Uniontown, Crawford and Bourbon counties of Kansas, announcing the signing of a purchase & sale agreement with Titan West Energy, Inc., a private company, to acquire additional acreage and assets in Crawford County Kansas.

JayHawk Energy, Inc. announced it had acquired a 100% working interest in fourteen (14) completed coal bed gas wells & PNG (Petroleum & Natural Gas Rights) and thirteen hundred, thirty-six (1,336) acres of leases for $300,000 and 50,000 shares of the Company’s common stock. The land base in this acquisition is contiguous to and strategically additive to the Girard project which previously closed on March 31, 2008.

JayHawk Energy, Inc. recently announced signing of a Purchase and Sale Agreement with Galaxy Energy Inc., a private company, to purchase assets in the Crawford and Bourbon counties, Kansas, which gave JayHawk a 100% working interest in a sixteen (16) mile gas pipeline as well as the production within 6,500 acres of contiguous land adjacent to the pipeline for $2 million . The production consists of a modest 16BOEPD (100Mcf) of Coalbed Methane Gas from seven (7) connected wells out of thirty-four (34) wells.

JayHawk Energy, Inc. also recently completed the acquisition of the Uniontown shallow gas project in southeastern Kansas 6 for $2,200,000. Four wells within the leased area were drilled by previous operators which identified at least 11 gas bearing coals.

Jayhawk combines an experienced management team with exploration targets focusing on coal bed methane, shallow gas and oil and gas potential.

Global Roaming, Inc. (GRDB)

Global Roaming, Inc., announced a number of new features and improvements to the Company ' s flagship product, the CELTREK TM SIM Card. This innovative SIM Card provides full-service international roaming coverage effectively and without expensive fees. CELTREK TM has two sets of benefits over any of its competition. The first is direct and simple: It is cheaper for users. Global Roaming Distribution has planned a customer-focused pricing system that offers discounts up to 90% on comparable charges levied by most local carriers.

Global Roaming, Inc. offers two unique benefits for resellers and distributors compared to other SIM card market players. The CELTREK ™ SIM card features have been created to fill a market niche for all international travelers who want to save money while still maintaining a local phone number and normal device abilities.

Global Roaming, Inc. through its a subsidiary CelTrek which was specifically founded to provide new solutions for consumers who have experienced the high costs associated with international roaming charges. CelTrek brings over 60 years of combined experience in the cellular world, which it leverages through a number of key strategic alliances with the leaders in cellular industry, to offer their clients the ability to circumvent expensive roaming charges, through the utilization of CelTrek's Smart SIM card.

The CelTrek Pro SIM card allows consumers to reduce their roaming charges through an innovative credit based system, which allows you to monitor your actual use and user location, with instant real-time billing, with up to 90% cost savings, all from your cell phone that you use on a daily basis.

Global Roaming Distribution, Inc. operates as a marketing entity for the promotion, sale, and distribution of telecommunications equipment. Disclaimer

Global Roaming Distribution, Inc. company Blog

Global Roaming Distribution, Inc. News:

GRDB Meets Demands of Growing Roaming Market

Global Roaming Distribution, Inc. to Be Featured in Small Cap Stock Newsletter QualityStocks Daily

Global Roaming Distribution Names Pat Phelan to Board of Directors

CORRECTING and REPLACING Global Roaming Distribution Solidifies Alliances at GSMA Mobile World Congress

Hybrid Technologies, Inc. (HYBR)

The QualityStocks.net Daily Newsletter would like to spotlight Hybrid Technologies, Inc. (HYBR) closed today at $4.00 with 141,466 shares traded (HYBR) was highlighted by AheadoftheBulls, OTC Advisors, All Penny Stocks, Wall Street Grapevine, Independent Investment Edge, Beacon Equity Research, OTC Picks

Hybrid Technologies, Inc. announced exciting news regarding company plans to create a platform to offer a number of financing options, including unsecured personal loans, secured loans and lease options to customers looking to purchase emission-free vehicles. As gas prices continue to rise worldwide, consumer have become more open to the electric vehicles concept, which is evidenced in longer waiting periods to purchase a hybrid or electric vehicles from a dealership. Hybrid Technologies has again proven itself to be ahead of industry trends through its partnership with a leading provider of commercial and consumer financing options to provide various options to offer customers multiple finance options to purchase any of the company's emission-free, all electric vehicles.

Hybrid Technologies, Inc. emerging leaders in the development and marketing of lithium-powered products worldwide, announced they are proud to have Popular Mechanics include their newest startup lithium powered sports car as "having a real shot of winning the X Prize" competition. Hybrid's new aerodynamic X Prize vehicle is under development at the Mooresville facility and will be engineered for speeds of 175-mph and targeted drive ranges of 300-miles per charge. Popular Mechanics has test driven three of Hybrid's all-electric vehicles - the RUSH sports car, the DASH version of the Mini Cooper and their RYDER chopper - walking away from each "very impressed". X Prize Foundation analyzed 64 entrants based on six factors - technology feasibility, fuel economy, design, performance, price and production reality.

Hybrid Technologies, Inc.  shares were helped by news that Ernest C. Schlotter, a senior analyst with SISM Research and a StarMine four-star analyst, has initiated coverage on Hybrid Technologies, Inc. with a “Speculative Buy/4” Rating and a 12-month target price of $5.30.

Hybrid Technologies, Inc. shares have continued to climb up 44% since 3-19-08, shares were helped after the company unveiled their newest LiV(TM) Series of electric-power vehicles at the 2008 New York International Auto Show. With the recent completion of Hybrid's proprietary designed battery-management systems, all of the vehicles featured at the 2008 Auto Show are now ready for market. Hybrid Technologies, Inc. has maintained its high profile at a number of alternative energy conferences. With gas prices at all time highs the company took the opportunity at the New York International Auto Show to unveil its LiV(TM) WISE,  their newest emission-free all electric city car, which features the latest city friendly technology for a compatible, emission-free compact car with a driving range up to 120 miles. The recent success at the New York auto show helped the company parlay the excitement surrounding their new vehicles into a cover and feature story about their lithium-powered racing and street vehicles in the April issue of Motorsports Industry News.

Hybrid Technologies, Inc. a development stage company, engaging in the development and marketing of electric powered vehicles and products as well as the development of portable battery power pack technology and vehicle conversions from conventional power systems to electric power systems. disclaimer

Hybrid Technologies, Inc. Daily Blog

Hybrid Technologies, Inc. News:

BellwetherReport.com Analyst Report on DYMTF, SYBD, IFUE, and HYBR

Hybrid Technologies, Inc. (OTCBB) Participates in Live Remote With WCCB-TV18 During Fox News Rising Morning Show on Tuesday, May 13, 2008

Hybrid Technologies, Inc. (OTCBB): Popular Mechanics Experts Report Hybrid Technologies to "Have a Real Shot of Winning the X Prize" Competition

Destination Television, Inc. (DSTV)

The QualityStocks.net Daily Newsletter would like to highlight  Destination Television, Inc. (DSTV) as "One to Watch" previously at $0.03 up 60% at $0.04 with 23,663

Destination Television, Inc. announced this month that it has entered into an agreement with PharmaseeTV, which is owned by SlipStream Video Corporation, which gives Destination Television the exclusive right to sell local advertisements on the PharmaseeTV network.

The PharmaseeTV network airs as part of the health and wellness content network, and  provides remote, custom edited content and advertising delivery platforms to high traffic out-of-home (OOH locations), such as medical and dental offices. Destination Television will now offer PharmaseeTV to bolster its lineup, which  broadcasts on Bar TV, Gym TV, and Hotel TV, which air first run movie trailers and new music videos.

Destination Television, Inc. operates as a media production, promotion, and advertising company focusing primarily on digital signage industry in the United States.

Destination Television, Inc. Blog

Destination Television, Inc. News:

Destination Television Enters Agreement with PharmaseeTV

Destination Television Signs Digital Signage Agreement with AccuWeather.com

MedeFile International, Inc. (MDFI)

The QualityStocks.net Daily Newsletter would like to highlight a new client MedeFile International, Inc. (MDFI) previously at $0.11 up 9% at $0.12 with 12,200 shares traded (MDFI) was highlighted by Elite Financial and OTC Picks

MedeFile International, Inc. announced that they have agreed with QualityStocks to be featured in The Small Cap QualityStocks Daily Newsletter, Daily Internet broadcast with Cathy Rankin, Vanessa Ramirez and Jenn Hoffman and QualityStocks Daily Blogs and Message Boards.

MedeFile International, Inc. announced this month that Personal Choice Family Practice, a new concierge medical practice based in Jupiter, Florida, is teaming with MedeFile to empower their patients with personal convenience and control over the management of their individual and family members' medical records. MedeFile's primary product is the MedeFile system, a highly secure system for gathering and maintaining medical records. The MedeFile system is designed to gather all of its members' actual medical records and create a single resource

MedeFile International, Inc. also recently announced moves to strengthen the company balance sheet, as well as a infusion of working capital to help fund the company's strategic organic growth MedeFile announced they have received total net proceeds of $1.95 million from three separate private placement transactions.

MedeFile International, Inc. has developed a proprietary MedeFile system for gathering and digitizing medical records so that individuals can have access to a comprehensive set of their medical records.

Medefile International, Inc. Blog

Medefile International, Inc. News:

Medefile International, Inc. to Be Featured in Small Cap Stock Newsletter QualityStocks Daily

MedeFile and Dr. Lorne Stitsky Host 'Open House' at Personal Choice Family Practice in Jupiter, Florida

Personal Choice Family Practice Empowers Patients With MedeFile Electronic Medical Records Management Solution