Daily Stock List
Talon Therapeutics, Inc. (TLON)
Real Pennies reported last week on Talon Therapeutics, Inc. (TLON), SmarTrend Newsletters, PennyTrader Publisher did earlier, and we are highlighting the Company, here at the QualityStocks Daily Newsletter.
Talon Therapeutics, Inc. is a biopharmaceutical company whose shares trade on the OTC Bulletin Board. The Company develops and commercializes new and differentiated cancer therapies. Their lead product candidate is Marqibo® (vinCRIStine sulfate LIPOSOME injection). Founded in 2002, Talon Therapeutics has their corporate headquarters in South San Francisco, California.
In addition to Marqibo®, Talon has additional pipeline opportunities. Some, like Marqibo®, have the potential to improve delivery and enhance the therapeutic benefits of well characterized, proven chemotherapies and enable high potency dosing without increased toxicity.
Marqibo® is a new, targeted, nanoparticle-encapsulated, cancer therapeutic. The specific design of it is to improve patient outcomes by combining the potential for enhanced efficacy with the potential for reduced toxicity. Marqibo® consists of vincristine sulfate, a potent vinca alkaloid anti-mitotic, encapsulated in the aqueous core of proprietary, sphingomyelin-based liposomes called Optisomes™. This distinct formulation has undergone development to facilitate high-concentration, targeted drug delivery and predictable, first-order, continuous drug release kinetics.
Talon’s product pipeline includes Menadione Topical Lotion. This is a topical compound for the prevention and treatment of skin toxicity associated with epidermal growth factor receptor inhibitor anti-cancer treatment. The Company also has their Brakiva™ (topotecan liposomes injection, OPTISOME™) product. This is a novel, targeted, nanoparticle-encapsulated, anti-cancer compound for small cell lung and ovarian cancers. Additionally, Talon has their Alocrest™ (vinorelbine liposomes injection, OPTISOME™) product. This is a novel, targeted, nanoparticle-encapsulated, anti-cancer compound for lung and breast cancers.
Yesterday, Talon Therapeutics announced that Marqibo® (vinCRIStine sulfate LIPOSOME injection) received accelerated approval from the U.S. Food and Drug Administration (FDA) for the treatment of adult patients with Philadelphia chromosome negative (Ph-) acute lymphoblastic leukemia (ALL) in second or greater relapse or whose disease has progressed following two or more anti-leukemia therapies. This indication is based on overall response rate.
Clinical benefit such as improvement in overall survival has not been verified. Marqibo® is administered at a dose of 2.25 mg/m2 intravenously over 1 hour once every 7 days. Marqibo® has different dosage recommendations than non-liposomal vincristine sulfate. Marqibo® has received orphan drug designation for the treatment of ALL from the FDA and from the European Medicines Agency (EMA). Talon Therapeutics’ intention is to submit a Marketing Authorization Application to the EMA in 2013.
Talon Therapeutics, Inc. (TLON), closed on Friday at $1.01, up 3.06%, on 2,290,806 volume with 963 trades. The average volume for the last 60 days is 525,491. The 52-week low/high is $0.40/$1.83.
Olympus Pacific Minerals, Inc. (OLYMF)
FeedBlitz reported previously on Olympus Pacific Minerals, Inc. (OLYMF), and today we are highlighting the Company, here at the QualityStocks Daily Newsletter.
Olympus Pacific Minerals, Inc. is a diversified gold company headquartered in Toronto, Ontario. The Company is focusing on four advanced properties. These properties are the Bau Goldfield in East Malaysia, Bong Mieu and Phuoc Son in Central Vietnam, and Capcapo in the Philippines. Olympus lists on the OTC Bulletin Board. The Company also has an office in DaNang, Son Tra District, Vietnam.
Olympus expects to expand existing gold production capacity in Vietnam over the next two years. The Company is currently in full feasibility at Bau Central in East Malaysia where they plan to build their third gold processing plant. Olympus also expects annual increases of their attributed gold resources via the exploration of advanced properties having demonstrably large upside potential.
The Company’s Phuoc Son and Bong Mieu properties lie 200 km from Sepon, on the same geological structure known as the "Phuoc Son Suture". Olympus acquired the Bong Mieu property in 1997; they were granted exploration licenses at the Phuoc Son property in 1999. Today, Olympus is producing gold at their two processing plants.
Olympus acquired the 1,400 sq. km Bau Gold Project, because of the merger with Zedex Minerals in 2009. Bau is 30 km from the capital city Kuching, in East Malaysia, which is located on the island of Borneo. Moreover, the Capcapo Gold Field properties are located just to the north of the prolific Baguio-Mankayan Gold District
On August 1, 2012, Olympus Pacific Minerals Chief Executive Officer Mr. John Seton reported that second quarter calendar year 2012 gold production of 7,839 ounces was lower than projected. At Phuoc Son, ore is now being sourced from two discrete deposits; the lower production resulted from diminished tonnage output during engineering remediation of the Southern Deposit, compounded by higher than expected grade dilution during initial development of the Northern Deposit.
The Phuoc Son mine is currently producing ore from Bai Dat (South Deposit) and Bai Go (North Deposit). These deposits lie approximately 700m apart. Together they occupy a 2km long strike section of the 5km long Dak Sa shear zone. Mining of the South Deposit began in 2009 and Olympus expects to deplete these reserves by March 2013.
The Company’s strategy remains one of growth despite the disappointing second quarter production. Olympus expects to expand production and resource estimates over the remainder of the fiscal year. The Company recently identified a number of areas where they believe efficiencies can be realized. Olympus will spend the next two months reviewing their operations to optimize gold production in Vietnam, and maximize the cash contribution per ounce.
Furthermore, they expect to increase and improve the Reserve and Resource Estimates in East Malaysia and in Vietnam.
Olympus Pacific Minerals, Inc. (OLYMF), closed on Friday at $0.19, up 1.84%, on 8,500 volume. The average volume for the last 60 days is 12,386. The 52-week low/high is $0.19/$0.46.
Longhai Steel, Inc. (LGHS)
SmallCapVoice and FeedBlitz reported earlier on Longhai Steel, Inc. (LGHS), and today we are highlighting the Company, here at the QualityStocks Daily Newsletter.
Longhai Steel, Inc. is a producer of high-quality steel wire products in the People's Republic of China (PRC). The Company has an annual capacity of 1.5 million metric tons. All of Longhai Steel’s sales are delivered in the PRC. Founded in 2006, the Company is located in the heart of China’s largest steel producing region - Hebei. Longhai completed construction of their facilities in 2007. Longhai Steel employed 816 employees as of December 31, 2011. The Company lists on the OTC Bulletin Board. Longhai Steel has their corporate headquarters in Xingtai City, Hebei Province, PRC.
Longhai Steel has two advanced production lines. Their wire is manufactured into screws, nails, and wire mesh used for fencing and to reinforce concrete. Longhai recently expanded their production facility to include specialized applications such as steel wire rope, steel strand, steel belted radial tires, and steel welding rod.
The Company’s production facilities cover approximately 200,000 square meters. The original plant includes a single steel furnace with their coarse and intermediate rolling mills that subsequently feed two precise wire rolling and drawing lines that create the finished products. This design yields high quality, high volume, and competitive manufacturing costs per ton. The newly opened second production facility incorporates Sixth Generation technology with air cooling that enables the production of even higher quality and more specialized steel wire.
Longhai manufactures high quality steel wire products in diameters from 5.5 to 18 millimeters. The basis of demand is on spending in the construction, automotive and infrastructure industries in the PRC. The Company’s newly opened second production line increases overall capacity by 67 percent. Of Longhai’s sales, 80 percent goes to customers in Hebei.
Recently, the Company announced that they sold 295,635 metric tons (MT) of steel in the quarter ended June 30, 2012. The second quarter 2012 sales volumes reflect a 22 percent increase from 242,337 MT sold in the first quarter of 2012 and a 10 percent increase from 267,938 MT in the second quarter of 2011.
Yesterday, Longhai Steel announced that their new corporate video is now available on their investor relations website at www.longhaisteelinc.com. Today, Longhai Steel announced that the Company will host a conference call on Thursday, August 16, 2012 to discuss their financial results for the three months ended June 30, 2012. Mr. Steven Ross, Executive Vice President of Longhai Steel will host the conference call.
Longhai Steel, Inc. (LGHS), closed on Friday at $1.17, up 6.36%, on 14,603 volume with 15 trades. The average volume for the last 60 days is 10,731. The 52-week low/high is $0.15/$9.00.
Arête Industries, Inc. (ARET)
Wall Street Resources reported today on Arête Industries, Inc. (ARET), and we are highlighting the Company, here at the QualityStocks Daily Newsletter.
Founded in 1987, Arête Industries, Inc. currently owns and operates a gas gathering pipeline. The Company is also pursuing projects that have significant upside potential and can produce significant revenue. As the projects are developed, Arête, or entities created by Arête, will have ownership interests in the revenue streams. Arête Industries’ shares trade on the OTC Markets. The Company is based in Westminster, Colorado.
In October 2011, Arête Industries completed the purchase of oil and gas production properties in the Rocky Mountain Region of the United States. These consist of 91 operating wells and 37,000 gross acres that include approximately 21,000 net acres under lease, and approximately 250 Proved Undeveloped Reserves (PUD’s).
The Company’s gas gathering systems are generally either acquired or developed pursuant to long-term contracts with gas producers, or the shippers they service. The contracts typically run over a period of time which approximates a majority of the economic life of the gas producers’ wells.
In mid-May 2012, Arête Industries announced revenue for the first quarter ended March 31, 2012 of $1.087 million. During the quarter, oil and gas sales totaled $554,035 and oil and gas property net sales totaled $533,048. Oil sales were primarily attributable to the Company’s properties in Kansas and Wyoming. Net income for the quarter ended March 31, 2012 was $274,898 or $0.04 per share, compared to a net loss of $453,678 or ($0.09) for the quarter ended March 31, 2011.
The Company reported positive cash flow from operations of $78,455 during the first quarter of 2012, compared to a negative cash flow used for operations of $308,800 during the first quarter of 2011. Arête had cash and cash equivalents of approximately $632,000 as of March 31, 2012. They reported 5,044 barrels of oil and 22,830 Mcf of natural gas was sold during the first quarter ended March 31, 2012. Arête reported 8,850 barrels of oil equivalent (BBLe) was sold during the quarter ended March 31, 2012.
Today, Arête Industries announced that they will publish and discuss their financial results for the second quarter of 2012 after the market's close on Tuesday, August 14, 2012. The conference call and simultaneous webcast will begin at 10:00AM EDT on Wednesday, August 15, 2012 and last for one hour. The webcast will be available on the Company's web site later that evening.
Arête Industries, Inc. (ARET), closed on Friday at $0.59, even with yesterday’s close, on 13,195 volume with 6 trades. The average volume for the last 60 days is 8,599. The 52-week low/high is $0.53/$3.80.
Black Ridge Oil & Gas, Inc. (ANFC)
Wall Street Resources reported today on Black Ridge Oil & Gas, Inc. (ANFC), and we highlight the Company as well, here at the QualityStocks Daily Newsletter.
Based in Minnetonka, Minnesota, Black Ridge Oil & Gas, Inc. is an oil and gas exploration and production company. Founded in 2010, the Company’s focus is exclusive to the Williston Basin Bakken and Three Forks trend in North Dakota and Montana. Black Ridge Oil & Gas controls more than 11,000 net mineral acres in North Dakota. The Company’s shares trade on the OTCBB. Black Ridge Oil & Gas was previously known as Ante5, Inc. They changed their name to Black Ridge Oil & Gas, Inc. in April of this year.
Black Ridge Oil & Gas is aggressively increasing their acreage position in the Williston Basin's Bakken and Three Forks trends. The Company is one of the premier non-operating participants in the Bakken and Three Forks play. Black Ridge participates in more than 35 Bakken or Three Forks wells in North Dakota and has done so since 2010. As of April 9, 2012, Black Ridge participated in a total of 51 gross (2.0 net) Bakken/Three Forks wells.
The US Geological Survey assessment estimated that there are between 3.0 and 4.3 billion barrels of recoverable oil in the Bakken Formation. A study by the North Dakota Geological Survey and Department of Mineral Resources stated that the Three Forks formation may yield an additional 2 billion barrels of recoverable oil.
As a non-operator, the Company participates in Bakken and Three Forks wells on a proportionate basis according to their leasehold interest in each drilling unit that undergoes drilling by their operating partners. Companies that hold a majority interest in a drilling unit are responsible for the actual drilling and operation of the wells. These companies are referred to as operators.
Black Ridge Oil & Gas continues to focus on developing their existing acreage. As of May 31, 2012, the Company had 1.6 net wells in production, more than a 40 percent increase over the 1.12 net wells that they previously reported in production as of March 31, 2012.
Black Ridge Oil & Gas, Inc. (ANFC), closed on Friday at $0.28, down 6.67%, on 208,148 volume with 9 trades. The average volume for the last 60 days is 21,917. The 52-week low/high is $0.28/$1.30.
Mimvi, Inc. (MIMV)
Wall Street Resources and Greenbackers reported this week on Mimvi, Inc. (MIMV), and today we are reporting on the Company, here at the QualityStocks Daily Newsletter.
Mimvi, Inc. is a pure-play search and recommendation technology company. The Company’s technology is based on proprietary search, recommendation and personalization algorithms. It was released in July 2010. Mimvi is an enterprise conceived to accelerate the megatrend of Mobile Apps being the new “websites.” The Company’s growth strategy includes targeting key markets, including China. Mimvi’s shares trade on the OTC Markets. The Company has their headquarters in Sunnyvale, California.
Mimvi’s proprietary search and "intelligent" recommendation algorithms enable the search and discovery of Mobile Apps, Mobile Content and Mobile Products across multiple devices and platforms. These devices and platforms include Apple's iPhone and iPad, Google Android, BlackBerry, Windows Phone, Facebook and Web Apps.
For Developers, the Company’s commitment is to open and close collaboration with all developers, large and small, as well as across the board. Mimvi’s objective is to ensure a developer’s efforts are rewarded – that their app reaches the right user at the right time. In addition, Mimvi is currently in the process of developing a range of advertising products to meet the needs of advertisers and publishers alike.
On Tuesday of this week, Mimvi announced a definitive agreement to acquire Lone Wolf, Inc., a privately held social innovator which has acquired a 79-million strong online community. Lone Wolf is Los Angeles based. The expectation is that the merger will elevate Mimvi’s strategic and technological leadership in the Mobile App Discovery market.
The combined entity will jointly develop Mimvi Echo. This is a new Mobile App Discovery service, scheduled for launch in October of this year. The design of it is to completely change how Mobile Apps are marketed, with the goal of making the process affordable and effective for the growing community of developers. Mimvi expects to take advantage of Lone Wolf's social media reach and community to provide mobile users with targeted marketing campaigns.
Mr. Michael Poutre, CEO of Mimvi, said, "We believe that the combination of Lone Wolf and its Smash Networks product with our contextual search and recommendation technology will provide Mobile App developers a complete marketing and distribution solution and will help developers deliver a compelling proposition to millions of people on a daily basis—eliminating their reliance on app stores and other search sites for Mobile App discovery."
Mimvi, Inc. (MIMV), closed on Friday at $0.15, up 15.38%, on 30,450 volume with 9 trades. The average volume for the last 60 days is 19,305. The 52-week low/high is $0.04/$0.60.
ISG Capital Corp. (SUS.V)
Today we are highlighting ISG Capital Corp. (SUS.V), here at the QualityStocks Daily Newsletter.
ISG Capital Corp. is a commercial real-estate company listed on the TSX Venture Exchange. The Company is North America's first publicly traded commercial real estate company focused on the creation of energy efficient buildings. ISG Capital’s commitment is to building a sustainable future by way of an environmentally and socially responsible approach. ISG Capital has their corporate headquarters in Toronto, Ontario.
The Company is discovering new ways of operating buildings that are significantly changing the traditional landlord/tenant experience. The Company works to reduce the environmental impact of their commercial buildings. Firm Capital made a strategic investment in ISG Capital in May of 2011. They have an established real estate platform and manage a publically traded mortgage investment company.
ISG Capital exceeded their performance goals with their initial property. The Company now has an evidence-based investment model which can now be implemented across a portfolio of income producing properties. ISG purchased the prototype property in February 2009 for $9,908,500.
The Energy Star rating of the building was updated from 72 at acquisition to 90 recognizing the significant impact of the Company’s improvements. ISG Capital realized savings by installing a computerized system with proprietary software to accurately control HVAC equipment, and heat-flow and state of the art lighting throughout the building. Retrofits resulted in savings of approximately $80,609 from the original baseline. This reflects a simple payback of just over one year.
Today, ISG Capital announced that they entered into an agreement to sell their sole real estate asset, an industrial distribution facility at 311 Ingersoll Road in Ingersoll, Ontario. The sale price of this property is $10,532,250. This price represents a going-in yield on in place net operating income of approximately 8 percent. The sale price is subject to a mortgage interest rate buy down of $250,000 resulting in a net purchase price of $10,282,250, before closing adjustments.
The sale is expected to close in the third quarter of 2012, subject to customary closing conditions, including TSXV and shareholder approval.
ISG Capital Corp. (SUS.V), closed on Friday at $0.12, up 100.00%, on 63,000 volume.
Pan American Goldfields, Ltd. (MXOM)
Red Chip reported recently on Pan American Goldfields, Ltd. (MXOM), Stockhouse, UndiscoveredEquities did earlier, and we choose to report on the Company today, here at the QualityStocks Daily Newsletter.
Trading on the OTC Markets, Pan American Goldfields, Ltd. is a precious metals mining and exploration company. The Company has projects in Mexico's Sierra Madre gold-silver belt and the Maricunga Gold Belt spanning the border between Argentina and Chile. Pan American Goldfields’ most advanced development is their now producing Cieneguita gold-silver mine. The Company formerly went by the name Mexoro Minerals, Ltd. They changed their name to Pan American Goldfields, Ltd. in July 2010. The Company is based in Vancouver, British Columbia.
At the Cieneguita gold-silver mine a preliminary economic assessment for the expansion of the operation is underway. Additionally, Pan American Goldfields holds the Cerro Delta project in Argentina. At this project the Company is preparing to drill test a series of large porphyry-style copper-gold occurrences that are on structure and 12 miles east of Barrick's 23.2 million oz/Au Cerro Casale in the Maricunga gold belt. Pan American Goldfields continues to assess other high-impact acquisitions in Colombia, Argentina and Mongolia.
Last month, Pan American Goldfields announced mineral production and revenues received from pilot production at their Cieneguita Project for the quarter ending May 31, 2012. In the Company's first quarter 2012 (the three months ended May 31, 2012), their joint venture with Minera Rio Tinto (MRT), a private Mexican company, generated net cash flow from pilot operations of approximately $2,960,000. Of this, $592,000 is attributable to Pan American under the joint venture agreement. Pan American's percentage interest in the cash flow from the pilot operation (financed entirely by MRT) is 20 percent in the shallow ores mined (up to 15 meters) and 80 percent below that level.
The pilot mining is focusing on a higher-grade zone of mineralization in pit 3. The most recent month's pilot production (June 2012) reached a record 1,624 oz/Au eq. compared to 1,280 0z/Au eq. in May. Production during the first quarter averaged 471 tons per day with an average Au recovery of 89.5 percent and an average Ag recovery of 90 percent. The average head grade was 1.42 grams/ton Au and 83.6 grams/ton Ag.
Pan American Goldfields, Ltd. (MXOM), closed on Friday at $0.12, even with yesterday’s close, on 47,000 volume with 4 trades. The average volume for the last 60 days is 23,715. The 52-week low/high is $0.05/$0.24.
Skinny Nutritional Corp. (SKNY)
The QualityStocks Daily Newsletter would like to spotlight Skinny Nutritional Corp. (SKNY). Today, Skinny Nutritional Corp. closed trading at $0.0056, up 1.82%, on 2,774,408 volume with 17 trades. The stock’s average daily volume over the past 60 days is 2,780,993, and its 52-week low/high is $0.005/$0.05.
Skinny Nutritional Corp. (SKNY) has established their Skinny Water® brand as a clear alternative to other products in the enhanced water space, with the only true zero calorie, sugar, carb, sodium, and preservative-containing beverage available. Skinny Water's proprietary formulation of essential antioxidant agents, electrolytes, and the critical vitamins our bodies need in order to achieve optimal function, uses 100% natural flavors, no preservatives, no artificial colors, and only the best purified water.
The company has constructed a network of approximately 50 domestic distributors (with three more internationally), placing product on shelves approximately 15k stores across the United States. Derived from the natural flavors contained in fruits, Skinny Water represents a fortified, extremely low-impact, great-tasting array of beverages that provide a concentrated punch of the nutrients essential for a healthier lifestyle.
The company's strong emphasis on health, fitness, and community has served marketing initiatives very well. The new age beverage segment has seen increasing momentum in recent years, with just about every beverage company getting into the game, but none of them has the kind of no-nonsense product composition behind Skinny Water, something that appeals directly to the majority of the core consumer market.
Skinny Nutritional continues to build value around the Skinny Water brand, and today has numerous trademarks in the healthy beverage and snack food categories. As consumers migrate away from sugar based beverages and empty calories, Skinny Water is ideally positioned to benefit from positive market trends as management focuses on delivering exceptional value to shareholders. Disclaimer
Skinny Nutritional Corp. Blog
Skinny Nutritional Corp. News:
A&P's 275 Stores Continue Skinny Water's Mid-Atlantic Penetration
Skinny Nutritional Corp. Enters Into $15M Financing, Positions Company to Grow Skinny Brand Portfolio Nationally
Skinny Nutritional Corp. Enters Distribution Agreement With Michigan-Based D&B Grocers Wholesale, Inc.
International Stem Cell Corp. (ISCO)
The QualityStocks Daily Newsletter would like to spotlight International Stem Cell Corp. (ISCO). Today, International Stem Cell Corp. closed trading at $0.28, even for the day, on 240,816 volume with 22 trades. The stock’s average daily volume over the past 60 days is 16,988, and its 52-week low/high is $0.21/$1.00.
International Stem Cell Corp. (ISCO) specializes in the therapeutic applications of human parthenogenetic stem cells (hpSCs) and the development and commercialization of cell-based research and cosmetic products. The company was first to perfect the natural phenomenon of parthenogenesis, which utilizes unfertilized human eggs to create hpSCs. These stem cells, created in a particular form called HLA homozygous, can be immune-matched to millions of people regardless of sex or racial background, with minimal expectation of immune rejection after transplantation.
hpSCs are as pluripotent as embryonic stem cells (ESCs) and have significant therapeutic potential but their creation does not involve the destruction of a viable human embryo – thus sidestepping the controversy and ethical dilemmas associated with the use of human embryonic stem cells. Different from induced pluripotent stem cells (iPSs), hpSCs do not involve manipulation of gene expression back to a less differentiated stage – a practice that may become a safety or regulatory obstacle in clinical applications.
A relatively small number of hpSC lines can offer the potential of producing the first true stem cell bank, UniStemCell, which ISCO intends to create as a means of serving populations across the globe. The company's scientists are currently focused on using hpSC to treat severe diseases of the eye, nervous system, and liver, for which cell therapy has been clinically proven but is limited due to the unavailability of safe human cells.
In addition to its therapeutic focus, ISCO also provides two revenue streams. Firstly through its subsidiary Lifeline Cell Technology, specialized cells and growth media for biological research around the world, and secondly its subsidiary Lifeline Skin Care, the company manufactures and sells anti-aging skincare products utilizing an extract from the hpSC and by leveraging the latest discoveries in the fields of stem cell biology, nanotechnology, and skin cream formulation technology. Disclaimer
International Stem Cell Corp. Company Blog
International Stem Cell Corp. News:
International Stem Cell Corporation to Host Second Quarter 2012 Financial Results Conference Call August 10
International Stem Cell Corporation's Co-Chairman and CEO Andrey Semechkin PhD Publishes Letter to Shareholders
International Stem Cell Corporation Featured in Stem Cell Technology's Bright Future Article on Seeking Alpha
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, even with yesterday's close. The stock’s average daily volume over the past 60 days is 15,393, 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 to Provide Scrap Metal Collection Services to ThyssenKrupp Elevator Americas
USA Recycling Industries Enters Oil Filter Collection and Disposal Services Agreement With Redwood Recycling
USA Recycling Industries Signs Letter of Intent to Expand Used Oil Filter Recycling Operations
Consorteum Holdings, Inc. (CSRH)
The QualityStocks Daily Newsletter would like to spotlight Consorteum Holdings, Inc. (CSRH). Today, Consorteum Holdings, Inc. closed trading at $0.003, even with yesterday's close. The stock’s average daily volume over the past 60 days is 65,388, and its 52-week low/high is $0.001/$0.018.
Consorteum Holdings, Inc. (CSRH) utilizes the most technically advanced global solutions available today. By working with a multitude of global technologies, Consorteum is able to create customized programs for maximum results. This approach enables unparalleled flexibility when sourcing solutions, resulting in smarter, faster deployment of technologies, competitive pricing, and potential for new streams of revenue.
Through its exclusive software license with Tarsin Inc., the company leverages a team of software developers that understands the complexities of delivering digital media content across mobile handsets. Tarsin is capable of providing clients with integration and support for over 700 mobile carriers globally on a seamless and secure platform to take advantage of the increasing demand for rich mobile content.
Consorteum's flagship CAPSA technology platform brings a universal solution to the problems of wagering and betting on mobile devices. Multiple different operating systems, user interfaces, and form factors have created enormous barriers to launching commercial initiatives. But with CAPSA, gaming operators can now cost-effectively monetize innovative mobile wagering products and services quickly and robustly.
In addition to its mobile initiatives, Consorteum is also actively engaged in the financial industry, providing MasterCard solutions as well as loyalty and reward programs. The company has strategically designed its business initiatives to create repetitive transactions on an ongoing basis. Consorteum's goal is to have their customers think of them more as partners, rather than just technology providers, for longer-lasting, more profitable relationships. Disclaimer
Consorteum Holdings, Inc. Company Blog
Consorteum Holdings, Inc. News:
CORRECTION -- Tarsin, a Leader in Secure Mobile Platform Technology, Forges New Frontiers in Mobile Gaming
Tarsin, a Leader in Secure Mobile Platform Technology, Forges New Frontiers in Mobile Gaming
Consorteum Completes Acquisition of Tarsin Inc.
As promised, biotechnology company International Stem Cell Corp. held a conference call to discuss their Q2 financial results the company released earlier. The call was hosted by Simon Craw, ISCO’s Executive VP of Business Development, and Linh Nguyen, ISCO’s CFO.
The financial figures, available in yesterday’s release, were summarized in the call by Linh Nguyen, and Simon Craw went over some of the associated events in addition to fielding questions from investors.
One of the key points made related to a decrease in sales coming from Lifeline Cell Technology and Lifeline Skin Care. The products are not considered to be facing price pressure, being priced well within the industry standard. Nor is the reorder rate considered low, since it is currently above the industry average of 20%-30%. The reduction in revenue was seen primarily as a reaction to the company’s ongoing strategy of shifting away from a single marketing channel, which had a very successful launch earlier, to a much more widespread effort. It’s not unusual for sales to spike with an aggressive launch, tapering off to a more sustainable level, but having a broader marketing base is seen as an important step in growing the product. The marketing effort will include publications, such as USA Today, in addition to celebrity support and other channels.
The company is moving closer to clinical studies in all of its program areas, including the Parkinson’s program. The expectation is that the company will be presenting to the FDA sometime next year to move into human clinical trials, and work is still being done on the company’s corneal program, solving structural challenges to move the product toward commercialization.
For additional information, including all financial details relating to the Q2 results, visit the company’s website at www.InternationalStemCell.com
When USA Recycling Industries acquired majority interest in Earth Metal Scrap USA, Inc. (EMS), based in Glen Oak, New York, it gave USA Recycling access to a new portfolio of end users, as well as increased leverage when negotiating with scrap metal traders. With EMS they gained a well-founded operating recycling business, with an international network of sources and destinations.
EMS is an international trading company, operating since 1994, serving customers in 19 countries via offices in North America, India, and United Arab Emirates. A leader in the recycling industry, they help customers identify and process materials, and are popular for being able to pay good prices for their purchases. They offer recycling services, logistics services, on-site inspection, scrap metal processing, plant dismantling, scrap metal collection, and removal consulting.
EMS purchases scrap from manufacturers, service centers, and other nonferrous scrap sources that generate new metal scrap as a by-product of their production processes, such as scrap aluminum, copper, stainless steel, brass, high temperature alloys, and other metals. They also get obsolete scrap from telecommunications, aerospace, defense, demolition and recycling companies that generate scrap consisting primarily of copper wire and exotic metal alloys. Smaller scrap dealers and peddlers deliver directly to EMS facilities. By providing in-plant accumulation bins or truck containers, EMS also collects scrap from working industry and metal service centers.
Incoming scrap material is sorted, graded, and packaged for sale. EMS sells its ferrous, non-ferrous, paper, plastic, rubber scrap products to end-users, with such consumers as refineries, smelters, specialty steel makers, and foundries, throughout the world. Prices for some nonferrous scrap metals change daily based on the COMEX or London Metals Exchange spot and future prices.
EMS is the flagship company of Earth Group of Companies:
• Earth Metal Scrap USA Inc.
• Earth Plastics Inc.
• Earth Minerals Inc.
• Earth Paper Inc.
• Earth Rubber Inc.
• Earth Ship Breaking Inc.
For additional information on USA Recycling Industries, visit the company’s website at www.USARecyclingIndustriesInc.com
American Standard Energy, the domestic oil and gas E&P with a substantial acreage footprint in the Bakken/Three Forks (North Dakota), as well as Permian Basin and Eagle Ford shale (Texas), presented their impressive Q2 FY12 data today, which was driven in large part by record quarterly production from across the portfolio.
Ramped up efforts in the Permian and Williston (Bakken formation) basins, where development jumped significantly during the quarter (up 37% in the Bakken alone), in combination with the company’s interest in the Auld Shipman Eagle Ford project, which has rapidly gone from initial production at the quarter’s outset to 18 wells in production as of yesterday (Aug 9), have collectively produced some superb financials for the period ending June 30, 2012:
• Revenues for the 3-month were up 119% over the prior year to $7M, on average realized Q2 pricing of $77.13/bbl and $4.43 per thousand cubic feet of gas (Adjusted EBITDA of $3.4M, up 386% from the prior year)
• Net Income for the quarter $1.4M ($0.03/share) compared to a net loss the prior year of some $4.6M (or a loss per share of $0.13)
• Production for the quarter was up 126% from the prior year to 114.7k BOE (with crude gaining in the mix of output, up 11% to represent a full 68% of total production), with the Auld Shipman Eagle Ford a clear pack leader at 12.2k net bbls and 30.3 MCF
• Participation in 22 gross (5.99 net) wells, 5 of which were Permian verticals (targeting the Wolfcamp/Clearfork)
• CAPEX for the quarter was up accordingly (225%) to $25M, with some $88M spent over the 6-month (66.5% on property acquisition and 33.5% on development)
CEO of ASEN, Scott Feldhacker, called it a triumph of the core leasehold acquisition strategy and asserted that emphasis on maintaining developmental momentum in the coming months would be paramount for the company. The exceptional results from Permian activity during the quarter have validated a growing focus on West Texas and Feldhacker emphasized that judicious exploitation of development potential, in what is easily the top dog domestic crude region today, was chief among management’s immediate objectives.
With a total of some 112k combined net acres (including non-operated) and such success with acreage development apparent in the Q2 data, shareholders of ASEN are really starting to see the power of the non-operated, low-overhead, 100% WI leasehold growth model employed by the company. This data offers investors a clear metric of the company’s growth potential and interested parties are encouraged to gather more information on American Standard Energy Corp., by visiting the company’s website at: www.ASEnergyCorp.com
Reliv International Inc. produces nutritional supplements that promote optimal nutrition in addition to premium skincare products. The company’s supplements address essential nutrition, weight loss, digestive health, women’s health, anti-aging and athletic performance. It sells its products through an international network of independent distributors in 15 countries.
The company made two announcements today. The first is that it has added LunaRich soy powder to its ProVantage athletic performance supplement, the fifth of its products to contain it. LunaRich is a company-exclusive whole soy powder containing five to ten times more lunasin than the industry standard. Lunasin is a peptide found naturally in soy that scientists have identified as the key to many of soy’s documented health benefits. It is believed lunasin protects against and reduces oxidative stress and inflammation caused by high-impact exercise.
Studies have shown that soy is effective in promoting health and optimal fitness. ProVantage provides soy protein for increased muscle mass and function, maximizing the lunasin content to aid in muscle recovery and repair. And now it has a patent to back up its claims.
The second announcement made by Reliv is that ProVantage has earned a U.S. patent. This is the seventh of the company’s products to receive a patent. The other six products are: Arthaffect for joint health, Cellebrate for weight loss, FibRestore for digestive health, Innergize for performance nutrition, GlucAffect for blood sugar management, and ReversAge for anti-aging nutrition. The patent on the company’s essential daily nutrition product, Reliv Classic, has expired.
For additional information about Reliv International and its complete line of nutritional products, please visit the company’s website at www.reliv.com
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