Daily Stock List
Weikang Bio-Technology Group Co., Inc. (WKBT)
China Stock Alerts and Red Chip reported previously on Weikang Bio-Technology Group Co., Inc. (WKBT), and today we are reporting on the Company, here at the QualityStocks Daily Newsletter.
Weikang Bio-Technology Group Co., Inc. principally engages in developing, manufacturing and distributing Traditional Chinese Medicine (TCM), and health and nutritional supplements in the People's Republic of China (PRC). The Company is also expanding their business scope to develop, manufacture and distribute Chinese herbal extract products and GMP certified western prescription and Over-the-Counter (OTC) pharmaceuticals via their acquisition of Tianfang Pharmaceutical Co., Ltd. Weikang Bio-Technology lists on the OTC Bulletin Board. The Company is based in Harbin, Heilongjiang, PRC.
Weikang Bio-Technology offers a series of health supplements under the Rongrun and Tianfang trademarks. The "Rongrun" line of products presently includes Rongrun Energy Keeping Capsules, Rongrun Vitamin Sugar Capsules, Rongrun Intestine Cleansing Capsules, Rongrun Artery Cleansing Capsules, Rongrun Royal Jelly Extract, Rongrun Kidney Boost Tonic, and Sha Bai Shuanghuai. The "Rongrun" line of products also includes Gouqi Xi Pu, Rongrun Perilla Seed, Rongrun Yangshen Dan, Rongrun Forest Frog Oil Soft Capsule, and Rongrun Ha Ge Jiao Lan.
The "Tianfang" line of products currently includes Ferrous Fumarate Granule, Eucommia Ulmoides Oliv Granule, Bushen Qiangshen Tablet, Tinidazole Vaginal Effervescent Tablet, Ranitidine Hydrochloride Capsule, Shouwu Long Life, and Lysozyme Buccal.
In April 2012, Weikang Bio-Technology announced their financial results for the fiscal year ended December 31, 2011. Net sales for the fiscal year ended December 31, 2011 increased by 36 percent to $101.68 million, up from $74.55 million for the same period last year. Net income for the fiscal year ended December 31, 2011 was $29.63 million. This is in comparison to $24.44 million for the fiscal year ended December 31, 2010.
Gross margin for the fiscal year ended December 31, 2011 decreased to 59 percent based on gross profit of $59.59 million, compared to a 60 percent margin in the same period of 2010. Earnings per diluted share were $0.90 for the fiscal year 2011, compared to $0.87 for the same period of 2010.
Weikang Bio-Technology Group Co., Inc. (WKBT), closed Thursday's trading session at $0.28, even with yesterday’s close, on 22,500 volume with 6 trades. The average volume for the last 60 days is 34,170. The 52-week low/high is $0.20/$1.20.
5Barz International, Inc. (BARZ)
StockRockandRoll, StockLockandLoad, StockBomb.com, Penny PayDay, Penny Stocks Finder, StockHideout, Beacon Equity Research, TheLightningPicks, Stock Preacher, and Stock Roach reported earlier on 5Barz International, Inc. (BARZ), and today we are reporting on the Company, here at the QualityStocks Daily Newsletter.
Listed on the OTCBB, 5Barz International, Inc. engages in the development, sales and marketing of a line of cellular network infrastructure devices for use in the small office, home and mobile market places. This next generation cellular network extender, branded as 5BARz incorporates a patented technology. This is to create a highly engineered, single-piece, plug 'n play unit that strengthens weak cellular signals to deliver higher quality signals for voice, data and video reception on cell phones, and other cellular devices. Incorporated on November 17, 2008, 5Barz International is based in Mission Viejo, California.
The Company's initial product, the Road Warrior, won the prestigious 2010 innovation of the year award at CES (the largest consumer electronics show in the world) for achievements in product design and engineering. The Road Warrior has passed FCC Certification. It has been produced in limited quantities to date by a contract manufacturer in the Philippines.
On December 30, 2010, 5Barz International acquired the "Master Global Marketing and Distribution Agreement" for the marketing and distribution of 5BARz products globally. Further to the acquisition of the marketing and distribution rights, they entered into an agreement, as amended, for the acquisition of a 60 percent interest in the underlying intellectual property comprising the 5BARz products, and hold a security interest over the balance of those assets.
On March 27, 2012, subsequent to the balance sheet date for this 10K, 5BARz acquired a 60 percent controlling interest in Cellynx Group, Inc. Cellynx is the entity which originally developed the 5BARz technology. This represents a significant step forward in bringing the originators of the technology together and under common control with 5Barz International, to facilitate a more synergistic and clearly defined development platform for the globalization of the 5BARz technology.
On November 7, 2011, 5Barz International started the incorporation of a subsidiary Company in Zurich, Switzerland called 5BARz AG. At December 31, 2011 5Barz International held a 99.5 percent equity interest in that entity. 5Barz Ag has been granted the exclusive rights via a sub-license for the Sales and Marketing of the 5BARz products in the region, commonly referred to as the "DACH" in Europe, comprised of Germany, Austria and Switzerland.
5Barz International, Inc. (BARZ), closed Thursday's trading session at $0.10, even with yesterday’s close, on 6,300 volume with 3 trades. The average volume for the last 60 days is 56,734. The 52-week low/high is $0.08/$0.70.
Medical Care Technologies, Inc. (MDCE)
OTCPicks, We Beat Wallstreet, and Penny Stock Rumble reported recently on Medical Care Technologies, Inc. (MDCE), and today we are highlighting the Company, here at the QualityStocks Daily Newsletter.
Medical Care Technologies, Inc. through joint ventures or Chinese subsidiaries develops a network of children's health facilities in the larger urban areas throughout China. The Company targets their services towards the advancing economic middle-class and upper class Chinese families. Medical Care Technologies' corporate mission is to become a healthcare service provider leader in children's health. The Company's shares trade on the OTC Bulletin Board. Medical Care Technologies has their headquarters in Beijing, China.
The Company specializes in the care of children between the ages of 3 to 16. Their role is to enhance the overall well-being of the family and community and to expand their pediatric services to include preventative health and wellness education. Medical Care Technologies, via their children's health facilities, will also distribute a diverse range of industry-leading pharmaceutical and nutraceutical product lines.
Their current and planned operations consist of three business segments. These are Children's Medical Clinics, Medical Management Software Systems, and Pharmaceutical and Nutraceutical Products. The Company engages principally in the business of opening and operating private health and wellness clinics for children in China; developing and maintaining online secure medical information systems used by hospitals and other healthcare institutions and; selling pharmaceutical, nutraceutical and herbal products online and in their proposed private healthcare clinics.
Medical Care Technologies currently hopes to add subsequent locations in economically developing and developed Tier-1 major cities such as Beijing and Shanghai and, Tier-2 cities such as Guangzhou and Tianjin. In addition to Dongguan, they are currently in discussions with the authorities to expand into Shenzhen, Shanghai, Beijing, Kunshan, Zuhai, and Hailongjiang.
In May, Medical Care Technologies announced the recent appointment of Mr. Peter Verner as Senior Communications Advisor. The position was created to improve the Company's public relations initiatives, and as a means of ensuring better communication with the shareholders, media (North America and China), and the Company. Mr. Verner is an influential, veteran journalist and spent 20 years as an award-winning Producer with CBC Television, News & Current Affairs.
Medical Care Technologies, Inc. (MDCE), closed Thursday's session at $0.001, up 10.00%, on 492,888 volume with 6 trades. The average volume for the last 60 days is 983,469. The 52-week low/high is $0.0005/$0.03.
Crystal Rock Holdings, Inc. (CRVP)
StockEgg, StockRich, PennyStockVille, HotOTC, CoolPennyStocks, BullRally, MadPennyStocks, and PennyInvest reported earlier on Crystal Rock Holdings, Inc. (CRVP), and today we are highlighting the Company, here at the QualityStocks Daily Newsletter.
Crystal Rock Holdings, Inc. operates through their subsidiary Crystal Rock LLC. The Company markets and distributes water, coffee, office supplies and other home and office refreshment products throughout the Northeast United States. Crystal Rock is the largest independent home and office distributor of their kind in the U.S. Crystal Rock founder, Mr. Henry Baker Sr., traveled by horse-drawn carriage providing half-gallon glass bottles of clean, fresh drinking water straight to his customers' doors in 1914. Crystal Rock Holdings has their corporate headquarters in Watertown, Connecticut.
The Company bottles and distributes natural spring water under the Vermont Pure® brand, purified water with minerals added under the Crystal Rock® Waters label and roasts and packages coffee under their Cool Beans® brand. The majority of the Company's sales are derived from a route distribution system that delivers water in 3- to 5-gallon reusable, recyclable bottles, and coffee in fractional packs or pods.
Crystal Rock sells their major brands in three and five gallon bottles to homes and offices throughout New England, New York, and New Jersey. Generally, Crystal Rock® undergoes distribution in southern New England and upstate and western New York, while Vermont Pure® is primarily distributed throughout northern New England and upstate New York and secondarily in southern New England. The Company rents and sells water coolers to customers to dispense bottled water.
In March 2012, Crystal Rock Holdings announced their financial results for their fiscal quarter that ended January 31, 2012. Total sales for the first quarter of fiscal 2012 increased 1 percent, to $17.2 million from $17.1 million for the comparable quarter of 2011. Gross profit decreased 2 percent, for the quarter ended January 31, 2012 to $8.6 million from $8.8 million in the same quarter a year prior. Gross profit as a percentage of sales for the first quarter decreased to 50 percent in 2012 from 51 percent in 2011.
Operating income in the first fiscal quarter of 2012 was $427,000, a $149,000 decrease from $576,000 the first fiscal quarter of 2011. Total pre-tax loss in the first fiscal quarter of 2012 was $104,000 compared to pre-tax income of $204 in the first fiscal quarter of 2011. The net loss for the quarter ended January 31, 2012 was $54,000 compared to net income of $120 in the quarter ended January 31, 2011.
Crystal Rock Holdings, Inc. (CRVP), closed Thursday's trading session at $1.01, down 1.94%, on 1,000 volume with 3 trades. The average volume for the last 60 days is 13,627. The 52-week low/high is $0.65/$1.96.
Gallic Energy Ltd. (GLC.V)
Today we are highlighting Gallic Energy Ltd. (GLC.V), here at the QualityStocks Daily Newsletter.
Gallic Energy Ltd. is an international oil & gas explorer whose shares trade on the TSX Venture Exchange. The Company focuses on onshore France and other areas of Europe, with additional non-core assets in Australia. They are a 100 percent working interest holder of two primary exploration permits in France. Their strategy is to re-enter a number of wells in France, including some former producers, to initiate production and cash flow, and to execute a significant exploration program. Gallic Energy has their corporate headquarters in Calgary, Alberta.
The Company has two large permits in Southern France (Ger & Ledeuix) equaling 320,000 acres. They have a three well program in 2012/13 - exploring for by-passed gas. One is Ossun 2D (Ger) - currently drilling - testing forecast in April/May: 247 BCF. A second is Hagolle 2 (Ledeuix). This is a shallow low risk well based on previous gas shows in the Ledeuix block. The third is Azereix (Ger): 457 BCF + 2.2 mm/bbl targeted. In addition, in Australia, the Company is pursuing a JV for a current 1.6mm net acres in the Canning Basin.
In May, Gallic Energy announced that they temporarily suspended completion operations at their Ossun-2D well located in Southern France. The Ossun-2D well was drilled successfully to a total depth of 3,050 m. It was subsequently cased and cemented after open-hole logs indicated characteristics of hydrocarbon bearing formations in the Upper Cretaceous Flysch Carbonate and the Dano-Paleocene.
Wellbore information confirmed the 200 m thickness, porosity, resistivity, and calculated hydrocarbon saturation of the Upper Cretaceous Flysch Carbonate zone as the primary zone of interest. Formation imaging logs identified fracturing in the target limestone zone, including a 17-m thick interval with perpendicular, intersecting fracture sets. The presence of natural fracture permeability was further confirmed when 9.1 m3 of drilling mud was lost into the Upper Cretaceous.
Furthermore, the Hagolle-2 well is Gallic Energy's next drilling target on their Ledeuix permit in the Aquitaine Basin in Southern France. The Company has recently completed their submission for a permit to drill the prospective well and expects to begin operations in Q3 2012.
Gallic Energy Ltd. (GLC.V), closed Thursday's trading session at $0.08, up 25.00%, on 81,000 volume.
Arsenal Energy, Inc. (AEI.TO)
We are highlighting Arsenal Energy, Inc. (AEI.TO), here at the QualityStocks Daily Newsletter.
Arsenal Energy, Inc. is an energy exploration and production company that lists on the Toronto Stock Exchange. The Company has producing properties in Canada and the United States. Their core focus areas are Southeastern Alberta (medium gravity oil); North Dakota (Bakken), and the Columbia Deep Basin (Cardium, Wilrich). Arsenal Energy has their headquarters in Calgary, Alberta.
For Development, in the Eastern Alberta Stable Base, the Company has an expanded waterflood at Provost. They also have a new waterflood at Princess. They have low decline rates – 8 percent base decline rate. In addition, they have high operating margins - $35/BOE. Concerning Bakken development in North Dakota, Arsenal Energy has multi year inventory in Bakken and Three Forks and low risk.
In early May, Arsenal Energy announced that they completed drilling Bakken, North Dakota wells. At Stanley North Dakota, the Company, as operator, completed drilling the Anthony Robert and Wade Morris two-mile horizontal Bakken wells. Each well encountered good shows while drilling. Arsenal has an approximate 84 percent working interest in each well. The anticipation is that both wells will undergo completion with multistage fracks and be placed on production by the end of this month.
At Princess in Eastern Alberta, the Company has received approval from the Alberta Energy Board for waterflood of the Mannville Q pool. Water injection conversion and pipeline operations have started. Arsenal anticipates that water injection will begin by the end of this month and that waterflood response should become apparent within six months after that.
Recently, Arsenal Energy released their 2012 Q1 results. Compared to Q1 2011, production increased by 85 percent to a record level of 3,707 boe/d. Most of the increase was from new Bakken wells in North Dakota and from an acquisition that closed in November of 2011. The acquisition added 1,500 boe/d consisting of oil production at Princess and Provost, Alberta and gas production at Desan, British Columbia. Arsenal Energy's Q1 2012 production mix was 72 percent oil and 28 percent natural gas.
Cash flow increased by 33 percent to $6.8 million. Funds from operations for Q1 2012 totaled $6.8 million or $0.04 per share versus $5.1 million or $0.03 per share for Q1 2011. The increase in cash flow is attributable to increased production volumes from an acquisition in November 2011 and from new Bakken wells in North Dakota.
Arsenal Energy, Inc. (AEI.TO), closed Thursday's trading at $0.61, up 1.67%, on 67,500 volume. The 52-week low/high is $0.49/$0.88.
New Jersey Mining Co. (NJMC)
London Irvine Report reported previously on New Jersey Mining Co. (NJMC), and today we are highlighting the Company, here at the QualityStocks Daily Newsletter.
New Jersey Mining Co. engages in exploring for and developing gold, silver and base metal resources in the Coeur d'Alene Mining District of northern Idaho. The Company has a portfolio of mineral properties in the Coeur d'Alene Mining District including the New Jersey Mine, which includes a fully permitted flotation mill and a concentrate leach plant. New Jersey Mining's primary focus is on gold, with silver and base metals of secondary emphasis. The Company has their headquarters in Kellogg, Idaho, and they operate a mineral processing plant near Kellogg. The New Jersey mineral processing plant is undergoing expansion in order to process ore from the nearby Crescent silver mine.
All of the Company's exploration is taking place at the Golden Chest mine. Other exploration properties include the Toboggan, Niagara/Copper Camp, the Coleman, and the Giant Ledge. Exploration activities at the Golden Chest during the first quarter of 2012 continued. The Golden Chest project is a 50:50 joint venture agreement with Marathon Gold USA (MUSA), and New Jersey Mining is the Operator. During the first quarter of 2012, 3,495 meters of drilling was completed. The Company conducted core drilling operations at the Golden Chest for the venture under a service agreement. In the first quarter of 2012, an independent engineering firm completed a 43-101 resource estimate.
The Toboggan Project is a group of prospects in the Murray, Idaho District. These prospects contain gold and silver telluride minerals. Newmont North America Exploration Ltd. was exploring the Toboggan Project under a joint venture agreement. Newmont did not complete their earn-in by March 20, 2011 and the joint venture agreement was terminated. Newmont returned all the unpatented claims held by the venture to New Jersey Mining. The Company is now actively searching for a new joint venture partner to continue exploration of the favorable gold prospects examined by Newmont.
The Niagara copper-silver deposit, located in the Murray, Idaho area, in the Revett formation, was drilled in the 1970's. New Jersey Mining drilled five holes since which expanded the resource. Results of the recent drilling also indicate that gold would be a significant byproduct. Preliminary open pit mining studies have been completed. Early in the fourth quarter of 2011, an option agreement was signed with Desert Copper USA Corp. relating to the Niagara and Copper Camp properties. Because of the option agreement with Desert Copper, New Jersey Mining exercised their option with Revett Metals Associates to enter a mining agreement for the Niagara property. In addition, at the Coleman underground mine, plans are to conduct further drilling to locate higher grade reserves.
In April, New Jersey Mining announced the drill intercept of 5.2 meters of 12.4 g/t gold (true thickness) in drill hole GC 12-107. This is from a core drilling program underway at the Golden Chest mine in Murray, Idaho.
New Jersey Mining Co. (NJMC), closed Thursday's session at $0.17, up 6.25%, on 5,200 volume with 2 trades. The average volume for the last 60 days is 14,366. The 52-week low/high is $0.13/$0.25.
Opexa Therapeutics, Inc. (OPXA)
PennyInvest, HotOTC, CoolPennyStocks, BullRally, MadPennyStocks, StockRich, PennyStockVille, and StockEgg reported earlier on Opexa Therapeutics, Inc. (OPXA), and today we are highlighting the Company, here at the QualityStocks Daily Newsletter.
Opexa Therapeutics, Inc.'s commitment is to the development of patient-specific cellular therapies for the treatment of autoimmune diseases such as multiple sclerosis (MS). They are a biotechnology company developing a novel T-cell therapy for MS. Their leading therapy, TcelnaTM, a personalized cellular immunotherapy treatment, is in clinical development targeting both Secondary Progressive and Relapsing Remitting MS. Opexa Therapeutics has their headquarters in The Woodlands, Texas.
Tcelna™ comes from T-cells isolated from peripheral blood, expanded ex vivo and reintroduced into the patients by way of subcutaneous injections. This process triggers a potent immune response against specific subsets of autoreactive T-cells known to attack myelin and, thereby, reduces the risk of relapse over time. Tcelna™ is a personalized therapy that is specifically tailored to each patient's disease profile. Tcelna™ is manufactured using ImmPath™, the Company's proprietary method for the production of a patient-specific T-cell immunotherapy.
Tcelna™ is a novel T-cell immunotherapy positioned to enter Phase IIb clinical development for the treatment of patients with Secondary Progressive MS (SP-MS). Tcelna has been granted Fast Track designation by the U.S. FDA for the SP-MS indication. Opexa hopes to initiate a Phase IIb clinical trial in SP-MS patients in 2012 subject to securing the necessary resources. Opexa has previously completed a Phase IIb clinical trial in Relapsing Remitting MS (RR-MS) patients and has received endorsement from the U.S. FDA to proceed to Phase III pivotal trials in RR-MS. The Company continues to evaluate their plans for RR-MS while maintaining their current focus on an SP-MS clinical trial.
Last month, Opexa Therapeutics reported financial results for the quarter ended March 31, 2012. The Company reported no commercial revenues in the three months ended March 31, 2012 or in the comparable prior-year period. Opexa reported a net loss for the three months ended March 31, 2012 of $2,373,999, or $0.10 per share, compared with a net loss for the three months ended March 31, 2011 of $1,307,777, or $0.06 per share.
Opexa Therapeutics, Inc. (OPXA), closed Thursday's trading session at $0.40, down 2.41%, on 92,883 volume with 115 trades. The average volume for the last 60 days is 64,144. The 52-week low/high is $0.40/$1.75.
Quasar Aerospace Industries, Inc. (QASP)
The QualityStocks Daily Newsletter would like to spotlight Quasar Aerospace Industries, Inc. (QASP). Today, Quasar Aerospace Industries, Inc. closed trading at $0.08, up 60.00%, on 15,375 volume with 5 trades. The stock’s average daily volume over the past 60 days is 50,840, and its 52-week low/high is $0.01/$1.50.
Quasar Aerospace Industries, Inc. (QASP) is an integrated aviation/aerospace corporation focused on executing an innovative and highly synergistic business strategy to develop competitive aircraft and train aircraft pilots. By combining several businesses in the aviation/aerospace industry with an integrated and self-supporting network, the company will be able to operate in a more complex environment and achieve greater success.
Rather than forcing acquired business to conform to a master corporate plan, Quasar allows these entities to retain their operational independence and unique corporate cultures. In doing so, the resources, talents, insight, experience, and market potential of each will be supported and enhanced in a cooperative process, leading to increased productivity, efficiency, and scalable economies for increased profitability and market relevance.
Quasar's strategic vision is centered on two core principles: (1) a phased approach to the development of individual acquisitions and opportunities to insure early profitability and minimize financial risk through time, and (2) the development of an integrated network of companies whose synergies will enhance profitability throughout the company. Quasar targets companies with a proven track record and significant consolidated cash flow to expand its business with the support of positive consolidated cash flow from day one.
Quasar currently owns Atlantic Aviation, Inc., a wholly owned subsidiary that provides high-quality flight training programs; Quasar Aircraft Corporation, a wholly owned Nevada corporation; A-Cent Aviation, a wholly owned subsidiary recognized as a leader in pilot training, aircraft sales, and aircraft management in the Colorado Springs area; and Corporate Air Repair, LLC, a provider of aircraft maintenance and repair services (Quasar owns 1/3). Disclaimer
Quasar Aerospace Industries, Inc. Company Blog
Quasar Aerospace Industries, Inc. News:
Quasar Announces Major Share Reduction
CATS Application Approved, Management Change, Conference Call
Quasar Applies to Be an FAA CATS Testing Center and Schedules Conference Call
SilverSun Technologies, Inc. (SSNT)
The QualityStocks Daily Newsletter would like to spotlight SilverSun Technologies, Inc. (SSNT). Today, SilverSun Technologies, Inc. closed trading at $0.25, up 13.64%, on 8,987 volume with 3 trades. The stock’s average daily volume over the past 60 days is 26,050, and its 52-week low/high is $0.005/$0.51.
SilverSun Technologies, Inc. reported acquisition of select assets of New York-based managed service provider and reseller of Sage Software products, Micro-Point, Inc., by the company’s wholly-owned subsidiary, SWK Technologies, the premier total solutions provider specializing in business software solutions. This move adds mightily to the striking distance of the company and is expected to bring in some $600k in annualized revenue along with a bevy of new Micro-Point customers who use Sage software.
SilverSun Technologies, Inc. (SSNT), via wholly-owned subsidiary SWK Technologies, is a premier total solutions provider specializing in business software for manufacturers and distributors. Established in 1988, the company focuses on meeting the needs of small-sized and mid-sized businesses ("SMB" marketplace) with accounting and business management products, including SilverSun's own proprietary software. The company also offers its own cloud-based solutions and provides network services (network configuration, data backup, 24/7 remote monitoring, etc.) to its clients.
SilverSun distinguishes itself from traditional software resellers by offering a wide range of value-added services, consisting primarily of programming, training, technical support, and other consulting and professional services. The company also provides software customization, data migration, business consulting, and implementation assistance for complex design environments. Currently, the company has over 1,000 active customers.
In addition to driving organic growth, SilverSun's aggressive growth strategy includes acquiring firms in the extensive and expanding SMB marketplace to create substantial value for its shareholders, employees, and partners. SilverSun aims to leverage SWK Technologies as a platform to roll up and aggregate the best and brightest ERP resellers, as well as other software companies with proprietary products that serve the SMB marketplace. The company's most recent acquisition was in January 2012.
In 2011, SilverSun increased sales 40% over the previous year and strengthened its balance sheet through the elimination of all outstanding debt. With organic sales accelerating, significant debt reduction, and great depth of expertise and resources, SilverSun is well positioned to become a dominant player in the growing business software marketplace. Disclaimer
SilverSun Technologies, Inc. Blog
SilverSun Technologies, Inc. News:
SilverSun Technologies Completes Asset Purchase of Micro-Point
SilverSun Technologies Reports First Quarter 2012 Results
SilverSun Technologies Introduces Proprietary Series of Cloud-Based Business Management Solutions for $8.7 Billion Beer Brewing and Distribution Industry
GlobalWise Investments, Inc. (GWIV)
The QualityStocks Daily Newsletter would like to spotlight GlobalWise Investments, Inc. (GWIV). Today, GlobalWise Investments, Inc. closed trading at $1.45, off by 5.84%, on 1,750 volume with 4 trade. The stock’s average daily volume over the past 60 days is 6,017, and its 52-week low/high is $1.02/$1.87.
GlobalWise Investments, Inc. reported today on the results of their inaugural Partner Advisory Board meeting, which took place last week (May 29-31) at the corporate HQ of wholly-owned subsidiary Intellinetics, Inc., in Columbus, Ohio. The three day event was a resounding success, acting as a key symposium on cloud-based Enterprise Content Management systems/solutions, offering channel partners a great opportunity to share their own strategies.
GlobalWise Investments, Inc. (GWIV), via wholly-owned subsidiary Intellinetics, Inc., is a leading-edge technology company focused on Enterprise Content Management (ECM) solutions for the digital age. The ECM industry continues to grow rapidly as a result of unrestricted proliferation of digital content within today's business environment. Leveraging its proprietary cloud-based computing software, GlobalWise is poised to capture a significant market share of this burgeoning industry.
GlobalWise's ECM service is delivered to customers via five unique delivery models which cover the spectrum of business needs: Cloud/Saas (Software as a Service), Hardware Vendor Integrated Service, Software Vendor Integrated Service, Premise (Client-Server), Hybrid (Premise & Cloud/Saas).This diversity gives advanced security & privacy features with an on-demand structure needed for large Tier 3 and Tier 4 businesses that are currently underserved by the market.
The Intellinetics platform defines a new industry benchmark and game-changing approach by combining advanced virtualization & automated content management with an open and service-oriented architecture using web services. The company provides strategies, tactics, and technologies used to manage paper and digital assets from capture to long-term archive, without the need for manual processes conducted by a full time employee.
GlobalWise's management boasts a combined total of over 60 years in ECM leadership and industry experience. The ECM industry is expected to exceed $5.1 billion by 2013 with Gartner predicting a compound annual growth rate of 9.5%. IBM Market Insights predicts adoption of cloud computing to grow by 26% CAGR between 2010 through 2013. Leveraging management and key department heads, Intellinetics has a strong foundation from which to capture significant market share within the lucrative $149 billion Business Software & Services industry. Disclaimer
GlobalWise Investments Company Blog
GlobalWise Investments News:
GlobalWise Announces Success of Partner Advisory Board Event
GlobalWise to Hold Inaugural Partner Advisory Board Meeting
GlobalWise Announces New Channel Sales Partnership With MWA Intelligence
USA Recycling Industries, Inc. (USRI)
The QualityStocks Daily Newsletter would like to spotlight USA Recycling Industries, Inc. (USRI). Today, USA Recycling Industries, Inc. closed trading at $0.08, up 16.67%, on 77,750 volume with 13 trades. The stock’s average daily volume over the past 60 days is 14,388, and its 52-week low/high is $0.03/$0.14.
USA Recycling Industries, Inc. (USRI) is a mid-market recyclable waste collection & disposal service, providing specialty recycling programs to commercial & industrial customers throughout North America. Operating through multiple company-owned & partnership recycling centers, the company primarily targets growth opportunities in the $75 billion global scrap metals market.
USA Recycling has operated since its inception in 2000, and its largest operating subsidiary, Scrap USA, since 2007 has been focused on and successful in servicing the automotive service center industry. It currently provides specialty recycling programs to more than 5,000 automotive service center locations operated by some of the most recognizable names in that retail category.
With a well-established national footprint, the company is now integrating other ancillary services such as the collection & disposal of other recyclable waste streams. USA Recycling has also opened the door to franchising opportunities and recently signed a proprietary revenue sharing agreement with Recycling Franchisors, Inc. Other initiatives to drive growth and boost prominence include the launch of a new website and relocation of executive offices.
USA Recycling has successfully contracted automotive waste-generators for collection & disposal services, selling the processed recyclable materials to end-user-consumers through the company's trading operations with offices in North America, India, and the United Arab Emirates. The company's primary aim is to maximize shareholder value while providing the highest level of quality waste collection & disposal services to its customers, ensuring its collected debris remain free of any U.S. landfills. Disclaimer
USA Recycling Industries, Inc. Company Blog
USA Recycling Industries, Inc. News:
USA Recycling Industries Signs Letter of Intent to Expand Used Oil Filter Recycling Operations
USA Recycling Industries, Inc. (USRI) Announces Engagement of QualityStocks Investor Relations Services
USA Recycling Industries Files Financial Results and Achieves Current Status on OTC Markets
Today before the opening bell, SilverSun Technologies announced that its wholly owned subsidiary, SWK Technologies, the premier total solutions provider specializing in business software solutions, has acquired select assets of Micro-Point, Inc., a Westchester, New York-based managed service provider and reseller of Sage Software products.
In addition to being a Sage reseller, Micro-Point provides hosting and computer services that are similar to and complementary to those currently being offered by the network services division of SilverSun. The deal is anticipated to add more than $600,000 in annualized revenue and be immediately accretive to the company’s earnings. The terms of the transaction were not disclosed, but more information on Micro-Point can be found at www.micro-point.com.
Mark Meller, CEO of SilverSun, stated, “While we are pleased to acquire the Sage customers of Micro-Point, the greater value to us in this transaction is that it allows us to greatly expand our hosted service offerings — an area of our business that we are intent on building into a major profit center for our Company. The acquisition of Micro-Point gives us immediate critical mass in this area, and paves the way for us to sell a more robust portfolio of network service offerings to our existing customer base of roughly 2000 small- and mid-sized businesses in operation across the country.”
“We are constantly looking to improve and expand our product and service offerings, particularly those that provide us with recurring revenue on a monthly basis,” Meller continued. “Given our management talent, in-house expertise and financial resources, we are confident that we will be able to rapidly increase sales and earnings from the addition of Micro-Point’s software hosting services. This acquisition marks the third we have completed in 2012.”
Jeffrey D. Roth, CEO of SWK Technologies, noted, “We continue to execute on our business plan to materially enhance value for SilverSun’s shareholders by increasing sales, fueling earnings growth and acquiring companies that introduce profitable new lines of business for our Company, thus further enhancing and strengthening our collective product and service offerings. It is an incredibly exciting period of growth for SilverSun and SWK and we look forward to the future with great optimism and expectations.”
For additional information, visit SilverSun’s website at www.SilverSunTech.co, and SWK’s website at www.SWKtech.com
GlobalWise Investments and its wholly owned subsidiary Intellinetics, Inc., a leading-edge technology company focused on the design, implementation and management of public/private cloud-based Enterprise Content Management (“ECM”) systems for public and private sectors, today announced the results of last week’s inaugural Partner Advisory Board meeting, which took place from May 29 – May 31.
Attended by Lexmark, FormFast, ImageSoft, Primary Solutions, MWA Intelligence (MWAi), and many others, including a few new partner prospects, the event was held at Intellinetics headquarters in Columbus, OH. The meeting was hosted by GlobalWise CEO William J. “BJ” Santiago with the purpose of bringing the top-tier Channel Partners together in an educational forum to share best practices for selling ECM software.
“The inaugural Partner Advisory Board event was a resounding success echoed by all those in attendance,” proclaimed Mr. Santiago. “It is clear to me we have an engaged group of software and hardware veterans who all have a strong desire to sell the IntellivueTM suite of software services. The Partner group in attendance currently sell our software in a variety of distribution models, including as a private label offering, as a plug-in into existing software they sell or managed print hardware to create additional revenue sources for copier dealers. It is clear the power of the partner strategy is the right approach to attacking the virtually untapped marketplace for sub-$100,000 ECM deployments in the small to mid sized market segment.”
During the three-day event, attendees had multiple opportunities to share ECM selling strategies and find new strategic relationships to cross-sell each other’s products and services. During one of the many meetings over the multi-day event, partner Primary Solutions was awarded Partner of the year for 2011. Primary Solutions, Inc. (www.primarysolutions.net) provides software products and services for private and governmental markets within the developmentally disabled community in Ohio. The award was presented to Brian Marshall, President and CEO of Primary Solutions, Inc.
As well, several of the Channel Partners presented at the event to provide an overview of their ECM selling strategies and why they chose to do business with Intellinetics. Because of the diverse industries from which they operate, there were no channel conflicts in sharing trade secrets. In fact, the event became a forum for potential business relationships.
“I have had the pleasure of participating in many ‘partner’ conferences with some of the finest companies around the world including Samsung, Intel and Canon to name a few,” stated Mike Stramaglio, President & CEO of MWA Intelligence. “I am delighted to say the Intellinetics Partner Conference was as good as it gets.”
“Every business relationship requires a clearly defined strategy based on mutually beneficial goals and objectives. I chose to do business with GlobalWise because I have great confidence in the leadership and the determination of the GlobalWise team. The product suite and business model hit the bullseye and I am truly excited by the winning combination of our people, products and programs!” concluded Mr. Stramaglio.
“I look forward to continue working with all of our fantastic Channel Partners in 2012 and beyond,” concluded Mr. Santiago. “This is a great group of people who not only learned new ways to sell and market ECM software services, but also had fun and enjoyed each other’s company. GlobalWise is setting up perfectly for robust revenue and income growth in the coming years with this new distribution strategy. This was the first of many more Partner meetings in the future.”
For additional information on GlobalWise Investments, visit the company’s website at www.GlobalWiseInvestments.com
Yesterday, Cambium Learning Group announced that it has formed an exclusive partnership with the Vallas Group, Inc. to bring education reform leader Paul Vallas’ unique school improvement model to underachieving schools across the nation. Currently, Vallas is the interim superintendent of the Bridgeport Public Schools in Connecticut and is the former superintendent of the Chicago Public Schools, the School District of Philadelphia and the New Orleans Recovery School District.
“The Vallas Group selected Cambium Learning Group for this groundbreaking partnership because we identify with its mission to enable educators to unlock every child’s potential through learning, no matter where their journey begins,” said Mr. Vallas. “Through Cambium we have the platform to more widely offer the Vallas Turnaround System to bring about lasting school improvement that is both approachable and accessible by districts or schools that might not otherwise have the resources – either financial or in terms of human expertise – to create dramatic improvements. The Vallas Group is committed to affordable change, so that cost is no longer the deciding factor for schools when it comes to impacting student achievement through the system. This partnership makes this vision possible for schools, districts and states across the nation.”
The Vallas Group’s Turnaround System offers a thoughtful, well-rounded approach to improving schools by addressing academics, finance, and operations — three critical, highly integrated, and interdependent areas. By focusing expertise in five core areas – Financial Health and Stability; Student-Focused Administration and Operation; Superior Instructional Improvement Models; World Class Human Resources; and Building Local Capacity, the System aims to impart change while effectively working with educators, parents, and communities.
Vernon Johnson, Ed.D., President of Cambrium Learning’s intervention division and former superintendent, remarked, “The Vallas Turnaround System is positioned to be the nation’s leading resource for comprehensive and affordable school reform that offers superior educational resources at the state, district, or school level. No matter how small or large, any district will now have access to proven, results-driven school reform and improvement thanks to our partnership to bring the Vallas vision to school administrators.”
aCambium Learning Group will hold a press conference today at 11:00 a.m. CST at its corporate offices located at 17855 Dallas Parkway, Suite 400, Dallas, Texas. For additional information about The Vallas Turnaround System, please visit www.vallasturnaround.com.
Advaxis, a clinical-stage biotech company developing immunotherapies for cancer and infectious diseases, today announced it has completed the enrollment of 40 patients for the second of three dose cohorts in the phase II study to assessment the safety and efficacy of ADXS-HPV for the treatment of intraepithelial neoplasia (CIN) 2/3.
Patients enrolled for cohort 2 were randomized 3:1 to ADXS-HPV (3 doses at 3.3×108 cfu) or placebo, which is six times higher than that administered in cohort 1.
Patients will undergo observation for six months after the last dose, after which they will undergo the standard of care surgery (LEEP) required for the treatment of this disease.
Once all patients have completed LEEP, the company will report study results.
“Advaxis continues to meet major milestones in our clinical development plan,” Dr. John Rothman, EVP of Science & Operations at Advaxis stated in the press release. “We look forward to assessing the results of the second cohort of this study and to advancing the development of ADXS-HPV for the treatment of HPV-associated diseases.”
The company in February 2012 announced the results from the first cohort of the trial, which consisted of 41 patients randomized 3:1 ADXS-HPV (3 doses at 5×107 cfu) or placebo. Results demonstrated that 29 percent of the patients experienced side effects that were related, or were possibly related, to the treatment; no serious adverse events were experienced; 52 percent of CIN 2/3 lesions regressed from CIN 2/3 to CIN 1 or normal in the ADXS-HPV arm; and 40 percent of CIN 2/3 lesions spontaneously regressed in the placebo arm.
For more information visit www.advaxis.com
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