Daily Stock List
OurPet's Company (OPCO)
FeedBlitz reported earlier on OurPet's Company (OPCO), and today we are reporting on the Company, here at the QualityStocks Daily Newsletter.
OurPet's Company designs, produces, and markets an extensive line of innovative, high-quality accessory and consumable pet products in the U.S. and internationally. Dr. Steve Tsengas founded the Company in 1995 with the goal of promoting pet health, well-being, and owner and pet interaction. OurPet's Company designs their products to satisfy instinctual animal needs, inspire inventive play, as well as aid in the health and welfare of companion animals. The Company has their corporate headquarters in Fairport Harbor, Ohio.
OurPet's Company began operations with the philosophy of combining "high tech" engineering expertise related to materials and manufacturing with a "high touch" approach to pet health, behavior and nutrition, and pet owners themselves. This philosophy is to develop and market proprietary, innovative, quality, affordably priced products for improving the health, safety, comfort, and enjoyment of pets. The Company's first product line in 1995 was the "Big Dog Feeder." The Big Dog Feeder provides a healthier, more comfortable feeding position for larger breed dogs. This product was immediately successful for the Company.
Another example of their product lines is their "Healthy Pet Diner™ 4", 8" and 12" feeders. They provide economical, healthy, elevated solutions for all size pets. The Healthy Pet Diner features a self-watering system and a ridge to keep food and water off the floor. They are aesthetically designed and they provide ergonomically correct feeding for improved digestion and posture.
Along with a variety of other products, OurPet's Company offers their Store-N-Feed™ Diners. "Store-N-Feed® is a modern, healthy dining system for medium and large breed dogs. Its adjustable height improves digestion, posture, as well as feeding comfort of senior dogs or those with bone and joint disease. The Company also has their Clipnosis™ Gentle Calming Clip (Clipnosis Clip). Clipnosis Clip is a safe, painless, drug-free product that helps to calm cats under stressful situations. Under independent testing, OurPet's Company confirmed that eighty percent of 93 million cats in the U.S could benefit from the Clipnosis Clip.
The Company's goal is to introduce, continually, a number of new products each year. They offer approximately 300 proprietary products specifically related to healthy feeding systems, interactive toys, healthy consumables, and cat and dog maintenance products. They have been granted 33 U.S. patents and an additional 60 are pending. They have also obtained 24 trademarks and have an additional 14 pending.
Recently, OurPet's Company reported record quarter revenue of $5,196,345 for the three months ended March 31, 2012. Net revenue increased 8.3 percent to a record $5,196,345 for the 2012 first quarter compared to $4,795,183 from the same period a year ago. The increase of approximately $401,000 in first quarter revenue over the same period in 2011 came primarily from increased sales of their SmartScoop® automatic cat litter box, cat toy and catnip products marketed under Go! Cat Go!®, Play-N-Squeak® and Cosmic Catnip™ brands and exports. Net Income for the same period was $81,864.
OurPet's Company (OPCO), closed on Monday at $0.49, up 11.36%, on 7,000 volume with 5 trades. The average volume for the last 60 days is 2,007. The 52-week low/high is $0.05/$0.80.
CardioComm Solutions, Inc. (EKG.V)
We are highlighting CardioComm Solutions, Inc. (EKG.V), here at the QualityStocks Daily Newsletter.
Trading on the TSX Venture Exchange, CardioComm Solutions, Inc. develops software for the cardiology field globally. Their technology is used in various products for recording, viewing, analyzing, and storing electrocardiograms (ECGs) for the diagnosis and management of cardiac patients. The Company's products are marketed as Global EKG Management System (GEMS™ and GlobalCardio™). CardioComm Solutions has earned the ISO 13485 certification, is HPB approved, HIPAA compliant, and has received FDA market clearance for their software devices. The Company has their headquarters in Toronto, Ontario, and offices in Victoria, British Columbia.
CardioComm Solutions utilizes a patented and proprietary technology and ECG (signal) viewer. They offer flexible open-ended workflow solutions. The Company provides solutions for use with the majority of the world's cardiac event monitors. This includes those intended for the home and tele-health market. The Company's products sell around the world to hospitals, call centers and physician's offices through a combination of their external distribution network and their North American based sales team.
CardioComm has achieved their technical goals of improved access and communication through the configurable use of their software for use on a single computer, over a LAN/WAN or over Internet based networks and ASP services. This technology enables the recording, transfer, viewing, analyzing and storing of electrocardiograms (EKGs) over a worldwide virtual healthcare network by physicians.
The Company announced in May the signing of Austin, Texas based, Monebo Technologies, Inc. under an exclusive worldwide agreement for software development and distribution of interpretive electrocardiogram (ECG) analysis technology. Under the agreement, Monebo will no longer offer contract work to any ECG software engineering company competitive to CardioComm Solutions' proprietary ECG software technologies such as the Global ECG Management Software (GEMS™), GEMS™ Air, GEMS™ M-Air and the C4 call center. Monebo is a leader in developing products for monitoring and interpreting the electrical activity of the heart.
Recently, CardioComm Solutions announced that they received clearance from the Food and Drug Administration (FDA) for "prescription-use" sales and marketing of their hand-held heart rhythm monitor known as the HeartCheck™ ECG PEN. This is the second FDA clearance within six months for the Company, and specifically for the handheld HeartCheck™ ECG PEN™ highlighting the ability for the PEN to now be prescribed and used by physicians in arrhythmia screening/monitoring and stroke and sudden death prevention efforts.
CardioComm Solutions, Inc. (EKG.V), closed on Monday at $0.41, even with yesterday’s close, on 70,350 volume.
Homeland Security Capital Corp. (HOMS)
OTCPicks reported earlier on Homeland Security Capital Corp. (HOMS), and today we are highlighting the Company, here at the QualityStocks Daily Newsletter.
Homeland Security Capital Corp. is a national provider of real estate services to banks, financial institutions and mortgage lenders. The Company engages in the strategic acquisition, development, and consolidation of real estate service businesses. Homeland Security Capital operates businesses that provide real estate products and service solutions, growing organically and by acquisitions. The Company is targeting emerging companies that are generating revenues but face challenges in scaling their businesses to capitalize on growth opportunities. Homeland Security Capital has their headquarters in Arlington, Virginia.
Homeland Security Capital's portfolio of companies includes Fiducia Real Estate Services, Inc. (FRES), Timios, Inc. (Timios), and Default Servicing USA, Inc. (DSUSA). FRES is a holding company that provides real estate products and services via their three wholly owned subsidiaries: Timios, Inc. Timios Appraisal Management, Inc. and Default Servicing USA, Inc.
Timios is a national title and escrow company licensed to conduct business in forty states and the District of Columbia. DSUSA is a national asset Management Company providing a full range of services in the real estate owned (REO) industry to banks, financial institutions, investors and mortgage companies.
In April, Homeland Security Capital announced the launch of a national property appraisal platform focusing on the delivery of residential appraisal products, Timios Appraisal Management, Inc. (TAM). TAM is a national appraisal management company providing property valuation services to banks, mortgage companies, portfolio managers and investors. TAM's appraisal platform, headquartered in Pittsburgh, Pennsylvania, offers a centralized and customizable solution for clients with strict adherence to compliance requirements. This includes Dodd Frank, Uniform Standards for Professional Appraisal Practice (USPAP), Financial Institution Reform, Recovery, and Enforcement Act (FIRREA), Fannie Mae, Freddie Mac, and Federal Housing Administration (FHA) guidelines.
Recently, Homeland Security Capital announced the acquisition by their subsidiary Timios, Inc. of Glenn County Title Company (GCTC), pending regulatory approval from the California Department of Insurance. Located in Willows, California, GCTC is a privately held title company servicing businesses and residents within Glenn County, California since 1891.
Homeland Security Capital Corp. (HOMS), closed on Monday at $0.01,, up 21.11%, on 30,000 volume with 2 trades. The average volume for the last 60 days is 61,438. The 52-week low/high is $0.005/$0.08.
Kobex Minerals, Inc. (KXM.V)
We are highlighting Kobex Minerals, Inc. (KXM.V), here at the QualityStocks Daily Newsletter.
Kobex Minerals, Inc. seeks to identify, acquire, and develop deposits that have the potential to be world class, in the lower cost quartile and in an acceptable risk environment. The Company has a highly experienced Board and Management consisting of professionals with significant development and mine management experience. Kobex Minerals' properties include the Mel Property and the Barb Property.
The Company is based in Vancouver, British Columbia.
The 100 percent owned Mel zinc-lead-barite property consists of 257 claims covering 5,380 hectares. The property is in the Watson Lake Mining District of the Yukon. Prospectors first staked the property in 1967. Although the Company has not proposed a current exploration program on the Mel property, further work is warranted and Kobex is currently re-evaluating their strategy on this property. Drilling to test the deeper potential of the Main Mel Zone is also under consideration.
The Main Mel Zone (as previously disclosed by International Barytex Resources) was the focus of a 48 hole program that resulted in an Indicated Mineral resource of 6.78 million tonnes of 7.1 percent zinc, 2.03 percent lead and 54.69 percent barite. The Main Zone remains open to depth. The wholly owned Barb property consists of 21 claims (440 hectares). The property is approximately 100 km north of the Town of Watson Lake. Two mineralized zones have undergone identification on the property. These are the Matt Berry and the Money zones.
The Company has not proposed a current exploration program on the Barb property. However, they state that a future exploration program should include a ground geophysical survey program to detail selected airborne geophysical targets. These geophysical anomalies would then undergo testing by diamond drilling. One high priority target is located immediately to the west and parallel to the Money Zone. Kobex is currently re-evaluating their strategy on this property. The Mel and Barb properties have additional exploration potential. This includes geophysical targets that warrant drill testing.
In early May, Kobex Minerals announced their intention to carry out a drilling and soil geochemical sampling program on their 100 percent owned Yukon Territory Mel Zinc-Lead- Barite property during the 2012 exploration field season. The program consists of 1245 meters (3 holes) of diamond drilling on the Main Mel, Jeri, and Mel East zones. The Main Mel zone has a previously reported Indicated Mineral Resource of 6.78 million tonnes of 7.1 percent zinc, 2.03 percent lead and 54.69 percent barite.
Kobex Minerals, Inc. (KXM.V), closed on Monday at $0.59, even with yesterday’s close, on 1,113 volume with 7 trades. The average volume for the last 60 days is 4,380. The 52-week low/high is $0.54/$0.85.
Man Shing Agricultural Holdings, Inc. (MSAH)
Stock Fortune Teller, The Dean, and Nebula Stocks reported previously on Man Shing Agricultural Holdings, Inc. (MSAH), and today we are reporting on the Company, here at the QualityStocks Daily Newsletter.
Man Shing Agricultural Holdings, Inc., through their operating subsidiary in Shandong China, focuses on the production and processing of fresh ginger and other select vegetables such as onion and garlic. The Company produces high quality ginger, which meets the requirements of the British Retail Consortium Global Food Standard. The Company formerly went by the name Weifang Xinsheng Food Co., Ltd. They changed their name to Man Shing Agricultural Holdings, Inc. on August 21, 2009.
The Company is the largest ginger exporter in Shandong Province, which traditionally produces the highest quality of ginger in China. Their sales revenue in Fiscal Year 2010/2011 was USD 32 million with a net income of USD 9 million. The Company is located in An Qiu City, Shandong Province, the largest Ginger-producing region in China. The Company rents more than7.7 million sq. m. of farmland, the largest of any producer.
Man Shing Agricultural Holdings' fresh vegetables include ginger, onion, garlic, and leek. The Company also provides frozen vegetable products consisting of peeled ginger, diced ginger, ginger puree cubes, ginger puree, strawberry, diced garlic, garlic puree, garlic puree cubes, diced onion, and peeled garlic. Their customers include suppliers to supermarket chains and an ingredient producer.
In May, Man Shing Agricultural Holdings announced financial results for the quarter and nine months ended March 31, 2012. They had earnings per share of $0.08 and $0.18 per share for the 2012 fiscal third quarter and first nine months ending March 31, 2012. In addition, the Company reported $15.5 million, or $0.32 per share, in cash and cash equivalents as of March 31, 2012.
For the three months ended March 31, 2012, Revenue increased 17.3 percent year-over-year to $9.3 million. Gross profit increased 37.3 percent to $4.6 million, gross margin improved to 48.9 percent versus 41.8 percent year over year. Net income increased 65.4 percent to $3.8 million.
For the nine months ended March 31, 2012, Revenue increased 7.9 percent year-over-year to $25.3 million. Gross profit increased 15 percent to $11.3 million; gross margin improved to 44.7 percent versus 41.9 percent year over year. Net income increased 26.4 percent to $8.6 million.
Man Shing Agricultural Holdings, Inc. (MSAH), closed on Monday at $0.12, even with yesteday’s close. The average volume for the last 60 days is 4,076. The 52-week low/high is $0.11/$0.43.
Silver Dragon Resources, Inc. (SDRG)
OTCPicks reported earlier on Silver Dragon Resources, Inc. (SDRG), and today we are highlighting the Company, here at the QualityStocks Daily Newsletter.
Silver Dragon Resources, Inc. is a mining and metals company with corporate headquarters in Toronto, Ontario. They focus on the exploration, acquisition, development and operation of silver mines in proven silver districts around the world. The Company's goal is to acquire silver mining assets that contain promising exploration targets, have highly leveraged, out-of-the-money silver deposits, and/or are producing properties with significant untapped exploration potential. Silver Dragon Resources lists on the OTC Bulletin Board.
Silver Dragon's objective is to grow the Company into a significant silver producer. This is through developing their six Sino-Top properties in China (particularly Dadi and Laopandao), and their Erbahuo Silver mine (by way of their Chifeng Silver Dragon subsidiary), also in China.
Dadi is one of the six exploration properties of Sanhe Sino-Top Resources and Technologies Ltd., a Chinese company that holds exclusive exploration rights to these properties, located in the prolific Erbahuo Silver District in Inner Mongolia, China. Silver Dragon Resources has a 40 percent ownership interest in Sino-Top. The Dadi exploration area, covering 12.48 square kilometers, is in the Mesozoic volcanic basin in Keshiketeng County, Inner Mongolia.
The Laopandao exploration area covers 44.88 square kilometers. It is approximately 650 kilometers north by northeast of Beijing in Chifeng, Inner Mongolia. The Erbahuo silver mine covers an area of 1.2 square kilometers. It is 120 kilometers northwest of the city of Chifeng, which is 450 kilometers northeast of Beijing, China. Silver Dragon's projects also include the Aobaotugounao, the Yuanlinzi Beishan, the Shididonggou, and the Zhuanxinhu properties.
In May, Silver Dragon Resources announced recent results from the ongoing 2012 drilling program at their Dadi Silver-Lead-Zinc polymetallic property in Inner Mongolia, Northern China. The Company discovered 254 g/t Silver, 1.04 percent Lead and 3.36 percent Zinc at the Dadi Project. Seven underground drill holes and six underground transverse drifts were completed to define mineralization zones II and IV. The current season's work began in February 2012, with most of the activity focused on underground drilling and drifting (face drilling).
Silver Dragon Resources, Inc. (SDRG), closed on Monday at $0.009, down 27.69%, on 4,534,502 volume with 40 trades. The average volume for the last 60 days is 950,578. The 52-week low/high is $0.012/$0.19.
China Gengsheng Minerals, Inc. (CHGS)
SmarTrend Newsletters, Stockhouse, Sling-Shot-Stocks, Top Secret Stocks, and ChartPoppers reported earlier on China Gengsheng Minerals, Inc. (CHGS). and we are highlighting the Company, here at the QualityStocks Daily Newsletter.
Founded in 1986, China GengSheng Minerals, Inc. is a leading high-tech industrial materials manufacturer. The Company produces heat-resistant, energy- efficient materials for a variety of industrial applications. They develop, manufacture and market a broad range of high-tech industrial material products, including monolithic refractories, industrial ceramics, fracture proppants and fine precision abrasives. China Gengsheng Minerals has their headquarters in Gongyi, Henan, China.
The Company conducts business through GengSheng International Corp., a British Virgin Islands company, and their Chinese subsidiaries, which are Henan GengSheng Refractories Co., Ltd., Zhengzhou Duesail Fracture Proppant Co., Ltd., Henan GengSheng Micronized Powder Materials Co., Ltd, Guizhou SouthEast Prefecture Co., Ltd., GengSheng New Materials Co., Ltd, Henan GengSheng High Temperature Materials Co., Ltd. and Henan Yuxing Proppant Co., Ltd.
China Gengsheng Minerals sells their products primarily to the iron and steel industry as heat-resistant components for steel-making furnaces, industrial kilns and other high-temperature vessels to guarantee and improve the productivity of those expensive pieces of equipment, while reducing their consumption of energy. Currently, the Company has more than 170 customers in the iron, steel, oil, glass, cement, aluminum and chemical businesses located in China and other countries.
Recently, China Gengsheng Minerals announced their financial results for the first quarter ended March 31, 2012. Revenue decreased 15.3 percent year-over-year to approximately $13.7 million. Refractories sales were approximately $9.9 million, compared with approximately $9.9 million in the first quarter of 2011. Fine precision abrasives product sales were approximately $2.4 million, compared with approximately $819,000 in the first quarter of 2011. Fracture proppant sales were approximately $998,000, compared with approximately $5.2 million in the first quarter of 2011.
Gross profit was approximately $2.7 million, or 19.8 percent of total sales, compared with approximately $4.3 million, or 26.5 percent of total sales in the same period a year ago. Net loss attributable to the Company was approximately $2.9 million, or $0.11 per share, compared with net loss of approximately $80,000, or $0.003 per share in the first quarter of 2011.
"We experienced a disappointing quarter as a result of weak sales in fracture proppants segment. The continued slowdown in the steel industry also had an unfavorable impact on us," said Mr. Shunqing Zhang, China GengSheng's Chairman and Chief Executive Officer.
China Gengsheng Minerals, Inc. (CHGS), closed on Monday at $0.52, up 1.96%, on 33,674 volume with 39 trades. The average volume for the last 60 days is 48,960. The 52-week low/high is $0.45/$2.35.
Protalex, Inc. (PRTX)
OTCPicks reported earlier on Protalex, Inc. (PRTX), and today we are highlighting the Company, here at the QualityStocks Daily Newsletter.
Protalex, Inc. is a development stage company that has been engaging in developing a class of biopharmaceutical drugs for treating autoimmune inflammatory diseases. The Company targets the autoimmune diseases, such as rheumatoid arthritis and idiopathic thrombocytopenic purpura. Founded in 1999, the Company has their headquarters in Summit, New Jersey. Protalex' shares trade on the OTC Bulletin Board.
The Company's lead product is PRTX-100. PRTX-100 is in a Phase Ib clinical trial for the treatment of patients with rheumatoid arthritis. PRTX-100 is a purified form of the Staphylococcal bacterial protein, known as Protein A, that has the ability to bind to and to down regulate activation of human B-lymphocytes and macrophages, which are key cells mediating inflammation in certain autoimmune diseases.
PRTX-100 has demonstrated effectiveness in animal models of autoimmune diseases as well as demonstrated activity on cultured human immune cells at very low concentrations. However, the effectiveness of PRTX-100 shown in pre-clinical studies using animal models may not be predictive of the results that the Company would see in future human clinical trials.
The safety, tolerability, and pharmacokinetics (PK) of PRTX-100 in humans have now been characterized in three clinical studies in the United States. A proof of concept study to evaluate safety and potential efficacy of PRTX-100 in patients with active rheumatoid arthritis (RA) is taking place in South Africa (the RA Study).
In June 2011, the Company's first patients were enrolled in the fourth cohort of the RA Study and the dose administered was increased by a factor of 0.67 times from the third cohort. On January 17, 2012, Protalex announced that the Company had completed patient dosing in the 4th cohort of the RA Study. A total of 37 patients were randomized in cohorts 1 through 4.
Protalex currently has no products on the market. Currently, the Company is actively pursuing the commercial development of PRTX-100 for the treatment of RA. At present, Protalex outsources all of their product development and regulatory activities, including clinical trial activities, manufacturing, and laboratory operations to third-party contract research organizations and facilities.
Protalex, Inc. (PRTX), closed on Monday at $1.05, down 16.00%, on 3,430 volume with 2 trades. The average volume for the last 60 days is 1,905. The 52-week low/high is $0.52/$2.50.
Green Technology Solutions, Inc. (GTSO)
The QualityStocks Daily Newsletter would like to spotlight Green Technology Solutions, Inc. (GTSO). Today, Green Technology Solutions, Inc. closed trading at $2.54, up 13.39%, on 51,409 volume with 98 trades. The stock’s average daily volume over the past 60 days is 20,294, and its 52-week low/high is $1.02/$8.82.
Green Technology Solutions, Inc. took other major step forward today towards the company’s goal of providing tungsten and other key minerals to the market, with the signing of a joint venture agreement with Alaskan mining company Diamond V Associates, Inc. that will result in access to promising reserves of tungsten and other valuable metals in North America, as well as Africa.
Green Technology Solutions, Inc. (GTSO), via GTSO Resources, is an early-stage company poised for rapid growth by feeding the exploding demand for the versatile metal tungsten. With the demand for tungsten now far exceeding supplies, GTSO is capturing the opportunity to link with mining experts around the world, targeting tungsten mining companies for acquisition or joint venture. To date, the company has developed significant relationships with early and mid-stage mining experts and companies in the U.S., China, Africa, and South America.
Why tungsten? It's natural to think of underground wealth in terms of things like gold or silver, oil or natural gas. But the hot underground commodity today is increasingly tungsten, a heavy super-hard grey metal so versatile that it has become virtually indispensable to modern life. Second only to diamonds in terms of measured hardness, it is essential to any type of application requiring toughness, precision, and the ability to withstand heat and wear, from missile parts to armor-piercing tank shells, from drill bits and saw blades to a whole range of electrical components.
The one problem with tungsten is that there simply isn't enough of it. Demand has been growing, as more countries industrialize, but world tungsten production has actually been relatively flat. For years, the tungsten market has been dominated by China, the source of close to 90% of worldwide tungsten production. Today, as China's own growing industries demand more tungsten, they've been cutting back on exports, causing prices to soar.
The price of tungsten jumped 35% in 2011, with steep increases continuing in 2012. It's one of the reasons that Warren Buffett and Berkshire Hathaway unit IMC International Metalworking recently agreed to invest $80 million in a tungsten mining project in South Korea. Global supplies simply can't keep up with global demand. The search for new resources begins now, and GTSO Resources sees itself as leading the way. Disclaimer
Green Technology Solutions, Inc. Blog
Green Technology Solutions, Inc. News:
GTSO Signs Joint Venture Agreement
GTSO: Is Tungsten an Endangered Element?
GTSO Reaches Framework Agreement with JV Target
GlobalWise Investments, Inc. (GWIV)
The QualityStocks Daily Newsletter would like to spotlight GlobalWise Investments, Inc. (GWIV). Today, GlobalWise Investments, Inc. closed trading at $1.54, up 6.21%, on 20,110 volume with 21 trades. The stock’s average daily volume over the past 60 days is 5,909, and its 52-week low/high is $1.02/$1.87.
GlobalWise Investments, Inc. and its wholly owned subsidiary Intellinetics, Inc. extended an already powerful reach in the Enterprise Content Management solutions space today, with the crystallization of the company’s relationship (in the form of a Channel Sales Partnership) with the massive, cloud-based Enterprise Resource Planning software system specialist, Sycle.net, which began 12 months ago after considerable mutual due diligence.
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 Signs Channel Sales Partnership With Sycle.net
GlobalWise Announces Success of Partner Advisory Board Event
GlobalWise to Hold Inaugural Partner Advisory Board Meeting
SilverSun Technologies, Inc. (SSNT)
The QualityStocks Daily Newsletter would like to spotlight SilverSun Technologies, Inc. (SSNT). Today, SilverSun Technologies, Inc. closed trading at $0.32, up 27.96%, on 2,756 volume with 4 trades. The stock’s average daily volume over the past 60 days is 26,158, and its 52-week low/high is $0.005/$0.51.
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
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 $0.11, up 10.00%, on 20,100 volume with 7 trades. The stock’s average daily volume over the past 60 days is 16,758, 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
GTSO Resources, subsidiary of Green Technology Solutions, signed a joint venture agreement with Alaskan mining company, Diamond V Associates, Inc. (www.akdva.com). The joint venture represents a major step forward in the company’s mission to deliver tungsten and other minerals to a thriving global demand.
GTSO will provide funding and business expertise in exchange for DVA’s expertise in researching, planning, and developing promising reserves of tungsten and other valuable metals in North America and Africa. Both companies have been prospecting and reviewing resources and will now engage to target and evaluate new and existing mineral excavation opportunities globally.
“After months of strategy development and negotiations, we are confident Diamond V Associates will be a strong ally in our mission to secure reliable supplies of tungsten and precious manufacturing metals to thriving industries within the U.S. and abroad,” stated GTSO CEO Paul Watson. “Diamond’s president, W. Kirk Bastian, brings 21 years of experience in the mining and excavation business to the table, and his company has extensive contacts in Alaska, Africa, and other mining hotbeds with a range of minerals.”
For more information on GTSO Resources’ aggressive growth plans, please visit www.gtsoresources.com/investors.html
GlobalWise Investments and its wholly owned subsidiary Intellinetics, 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, announced a Channel Sales Partnership with Sycle.net this morning.
The largest provider of cloud-based Enterprise Resource Planning (ERP) software systems specifically designed for hearing care practice management, Sycle.net has unique, web-based solutions that enable clients to access patient data anywhere, anytime from any place. Serving more than 6,000 audiology clinics and 18,000 users, Sycle.net is an industry leader in the United States, serving over 65% of the audiology clinics nationwide. Sycle.net is growing rapidly, by the tune of 50 audiology clinics per month, and provides a fantastic platform for GlobalWise to rapidly expand the installed client base.
The relationship with Sycle.net began approximately 12 months ago after an extensive due diligence period by both companies. Since then, Sycle.net sent two senior software engineers to the GlobalWise headquarters to begin the integration of the Intellivue cloud-based software into the Sycle.net ERP software. This ability to easily and seamlessly integrate the Intellivue software platform into pre-existing software packages is highly attractive and enabling GlobalWise to rapidly extend its market reach. For Sycle.net, the co-developed eDocs solution drives revenue growth, customer satisfaction and retention, extending their competitive advantage in the space.
“We spent many months researching the right ECM software provider,” commented Ridge Sampson, President and CEO of Sycle.net. “Nothing is more important than our reputation with our audiology clients. It was crucial we found a partner whose software was dynamic enough to integrate with our existing suite of cloud-based services supported by the right business models to maximize demand. The Intellinetics team was selected from over ten (10) candidate ECM providers and has been an outstanding choice. I am proud of the eDocs (http://web.sycle.net/products/edocs) private-labeled solution we have jointly created. eDocs was a hit at the American Academy of Audiology (www.audiology.org) conference among existing customers, prospects and industry media.”
You can hear Ridge discuss eDocs with a leading industry publication Here.
eDocs will help Sycle.net accelerate its expansion into the European market, which aligns perfectly with GWIV’s globalization efforts. This is great news for GlobalWise as they continue to execute their strategic growth initiatives with cloud based market leaders like Sycle.net. Half of the approximately 60 clinics allowed to participate in the eDocs beta process have already provided strong positive feedback for the benefits delivered – particularly in its ability to support tablet devices and mobility. For example, one of the beta participant clinic groups processed over 14,000 documents through eDocs in only 20 business days and touted the tremendous efficiencies gained by accessing clinical records with their fleet of iPads.
“I am very proud of the partnership with Sycle.net,” stated William J. “BJ” Santiago, CEO of GlobalWise. “Sycle.net dominates the audiology space with industry-leading software. They could have worked with any ECM software company and yet decided ours was best from a field of established competitors – that is a huge validation of our unique value proposition to the market. We provide the most cost-effective, cloud-based ECM services in the business. By partnering with companies like Sycle.net, we are able to quickly grow our installed base as they focus on sales and support and we focus on what we do best – ECM software. Sycle.net anticipates taking initial orders for eDocs in the next quarter.”
For additional information on GlobalWise Investments, visit the company’s website at www.GlobalWiseInvestments.com
It’s hard to imagine a successful company without a board of directors that is insightful, responsible, and comfortable with any technologies involved in the company’s products or operations. A board is, after all, generally responsible for formulating and establishing broad company objectives, thereby setting the general direction of the company.
In the case of FluoroPharma Medical, a Boston-based developer of proprietary medical diagnostic imaging products for use with positron emission tomography (PET) scanning systems, the emphasis is on the technology side of the equation, reflected strongly in the company’s small but critical board of directors made up of the company’s key officers.
• David Elmaleh, PhD (Chairman, Director, Chief Scientific Advisor) is the Scientific Founder of FluoroPharma, an Associate Professor of Harvard Medical School, and Director of Contrast Media Chemistry at the Massachusetts General Hospital. Dr. Elmaleh is the inventor of three drugs currently in use or in late stage clinical trials, and has done extensive research on imaging compounds. He is a co-author of over 120 publications, as well as an inventor of more than 40 issued and pending patents. He is also the Scientific Founder of Biostream, now Molecular Insight Pharmaceuticals, and other start-ups.
• Thiis Spoor, MBA (Director, CEO, and President) was previously the CFO for Sunstone BioSciences. He holds a degree in Nuclear Pharmacy, and has an MBA from Columbia with concentrations in Finance and Accounting. He’s been a guest lecturer at Columbia Business School, Kings College in London, and the University of Newcastle in Australia. He has extensive experience in helping pharmaceutical and medical device companies evaluate their global revenue potential, given the complex interplay of regulatory approvals and other factors. He has also performed equity research analysis for JP Morgan and Credit Suisse, covering the Biotechnology and Medical Device industries.
• Bovan Goumnerov, MD (COO & VP Clinical Trials) has held executive level positions in healthcare and biomedical research. He was President of VasoStent, Inc., and Managing Director of CardioVas, Inc., both medical device start-ups in cardiac imaging and therapy. He’s done research in surgery and molecular biology at the Massachusetts General Hospital and The Shriners Burn Hospital for Children in Boston, where he held academic appointments with Harvard Medical School. He is co-author of many scientific publications.
For more information, see the company website at www.FluoroPharma.com
Optical Cable announced Friday that its financial results for its second fiscal quarter, which ended April 30, 2012, show impressive growth compared to the same period in fiscal year 2011. OCC increased net sales, gross profit, and net income for both the quarter and year-to-date periods.
Second Quarter 2012 Financial Results
OCC’s consolidated net sales for the second quarter of fiscal year 2012 were the highest in OCC’s history. Net sales increased an impressive 28.3% to $22.1 million, compared to the $17.2 million mark for the same period last year. Increased sales of the OCC’s fiber optic cable products are primarily responsible for this growth of net sales.
Net sales to customers in the United States increased 20.5% and 56.3% outside of the United States, compared to the same period in the previous year. In addition, net sales increased in both the commercial and specialty markets, relative to the second quarter of fiscal year 2011.
Gross profit swelled 49.1% to $8.9 million, relative to $5.9 million in the second quarter of fiscal year 2011. This resulted in a 40.2% growth in gross profit margin in the second quarter of fiscal 2012 from 34.6% in the second quarter of fiscal year 2011.
OCC recorded net income attributable to the company of $949,000, or $0.15 per basic and diluted share, for the second quarter of fiscal 2012, compared to a net loss attributable to the Company of $90,000, or $0.02 per basic and diluted share, for the second quarter of fiscal 2011.
Fiscal Year-to-Date 2012 Financial Results
Consolidated net sales for the first half of fiscal 2012 increased 12.9% to $39.4 million, compared to net sales of $34.9 million for the same period last year. As previously stated, the increase in net sales during the first half of fiscal 2012 can be mainly attributed to increased sales of the company’s fiber optic cable products.
Net sales to customers in the United States increased 10.3% in the first half of fiscal year 2012 and net sales to customers outside of the United States increased 20.4%, compared to the same period last year. Additionally, the company achieved an increase in net sales during the first half of fiscal year 2012 in its commercial markets, but this increase was partially offset by decreases in net sales in its specialty markets.
Gross profit increased 21.4% to $15.0 million in the first half of fiscal 2012, compared to $12.4 million in the first half of fiscal 2011. Gross profit margin increased to 38.1% in the first half of fiscal 2012 from 35.4% in the first half of fiscal 2011.
OCC recorded net income attributable to the company of $1.1 million, or $0.18 per basic and diluted share, for the first half of fiscal year 2012, compared to $312,000, or $0.05 per basic and diluted share, for the same period in fiscal year 2011.
Neil Wilkin, President and Chief Executive Officer of OCC, said, “We are pleased to have established a new record for net sales in our second quarter. Our record results reflect OCC’s success winning new business. We particularly are encouraged by increased demand for our fiber optic cable products, which at this time we expect will continue in the second half of fiscal 2012.”
Mr. Wilkin added, “Our balance sheet is strong and we continue to return capital to shareholders through the regular quarterly dividend, which the Board increased during the first quarter of this year. We expect the remainder of fiscal 2012 to continue to be characterized by sales and earnings growth for OCC when compared to the same periods in fiscal 2011, as we continue executing our growth strategy and working to improve operations and efficiencies, to create value for shareholders.”
For further information, please visit www.occfiber.com
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