Daily Stock List
Aberdeen International, Inc. (AAB.TO)
Streetwise Reports, UndiscoveredEquities, and Vantage Wire reported previously on Aberdeen International, Inc. (AAB.TO), and today we are highlighting the Company, here at the QualityStocks Daily Newsletter.
Listed on the Toronto Stock Exchange, Aberdeen International, Inc. is a global investment and merchant banking company. They focus on private, micro- and small-cap resource companies. The Company looks to provide value-added managerial and board advisory services to companies. Aberdeen's intention is to optimize the return on their investment over an 18 to 24 month investment period. Aberdeen International has their corporate headquarters in Toronto, Ontario.
Aberdeen will look to acquire significant equity participation in pre-initial public offering (IPO) and/or early stage public resource companies with undeveloped or undervalued high-quality resources. They will focus on companies that are in need of managerial, technical and financial resources to realize their full potential; are undervalued in foreign capital markets; and/or operate in jurisdictions with moderate local political risk.
Aberdeen International provides a unique, value-added approach to investing by way of their association with Forbes & Manhattan to actively build companies to unlock value. Aberdeen has a broad investment mandate in the resource sector, with significant exposure to gold in their current portfolio. Furthermore, the Company has a management team with a depth of experience in the resource sector.
This week, Aberdeen International and Dacha Strategic Metals, Inc. (DCHAF) (DSM.V) announced that they entered into a definitive agreement pursuant to which Dacha and Aberdeen will, subject to shareholder, court and regulatory approvals, enter into a plan of arrangement pursuant to which Dacha will acquire all of the outstanding shares of Aberdeen and Aberdeen will become a wholly owned subsidiary of Dacha.
Moreover, this week, Aberdeen International announced that the value of their investment portfolio as at July 31, 2012, the end of the Company’s 2013 second fiscal quarter, was approximately $71.4 million including a cash balance of $4.1 million. This equates to a value of $0.83 per basic share outstanding based on their investment portfolio alone. With the exception of changes in working capital items and corporate income taxes, this should approximate the Company’s Shareholder's Equity.
Aberdeen International, Inc. (AAB.TO), closed Friday’s trading session at $0.38, even with yesterday's close, on 1,149,184 volume. The 52-week low/high is $0.35/$0.80.
Smack Sportswear (SMAK)
Today we are highlighting Smack Sportswear (SMAK), here at the QualityStocks Daily Newsletter.
Headquartered in Torrance, California, Smack Sportswear was organized October 31, 2007, (Date of Inception) under the laws of the State of Nevada, as Reshoot Production Co. The Company was incorporated as a subsidiary of Reshoot & Edit, a Nevada corporation. The Company subsequently changed their name from Reshoot Production Co. to Smack Sportswear on December 15, 2011. Smack Sportswear is a developmental stage company that lists on the OTC Bulletin Board.
The Company’s intention is to acquire Team Sports Superstore, Inc. Team Sports Superstore distributes Smack Sportswear, which is the leading brand of custom designed volleyball apparel for both indoor and beach volleyball players since 1994. The Southern California inspired apparel is manufactured primarily in the Torrance, California facility. VBSuperstore.com is also operated by Team Sports Superstore, which is a leading supplier of volleyball products.
Smack Sportswear manufactures their custom apparel. In addition, they offer numbering, lettering, embroidery, screen-printing, balls, shoes, and other volleyball gear and equipment. Smack Sportswear has become the leader in custom designed volleyball apparel. VBSuperstore.com has become the premier online supplier for everything volleyball. Smack Sportswear’s beach active wear is worn by more pros than any other line. Most of the Company’s performance beachwear is designed and tested by some of the top professionals of the sport.
On July 26, 2012, Smack Sportswear announced a new stock symbol for the Company: SMAK. Mr. Bill Sigler, Chief Executive Officer of Smack Sportswear, commented, "Today's announcement is another milestone in the history of the Smack Sportswear.” Mr. Sigler, the sole owner of Team Sports Superstore, a sports related e-commerce and apparel manufacturing Company further said, that “Team Sports has engaged a PCOAB auditor, and we expect to complete our financial audit in the next three months. Once the audit has been completed, as we disclosed in Smack Sportswear SEC filings, we plan to acquire Team Sports Superstore, Inc.”
Smack Sportswear (SMAK), closed Friday’s trading session at $0.35, up 2.94%, on 90,300 volume with 5 trades. The average volume for the last 60 days is 3,889. The 52-week low/high is $0.25/$0.85.
Spartan Gold Ltd. (SPAG)
OTC Select and OTC Selector reported earlier on Spartan Gold Ltd. (SPAG), and we are highlighting the Company, here at the QualityStocks Daily Newsletter.
Spartan Gold Ltd. is a junior gold exploration company that lists on the OTCQB. The Company has gold exploration and development activities centered in the Carlin-Rain and Round Mountain-Northumberland Gold Trends in Nevada. Their Poker Flats gold prospect is located within the Carlin-Rain region, and the Ziggurat gold prospect is located within the Round Mountain-Northumberland Mining District.
Founded in 2007, Spartan Gold is based in Scottsdale, Arizona. The Company formerly went by the name Algoil, Inc. They changed their name to Spartan Gold Ltd. in July 2010. The Company also owns the mineral rights to a gold prospect located in the northeast region of Alabama in the historical Arbacoochee Mining District.
Spartan Gold’s Poker Flats properties are located approximately 20 miles south-southwest of Elko, Nevada. Poker Flats started with 500 acres in the Carlin region, home to some of the world’s leaders in the mining industry. Neighboring mining projects north and south of Poker Flats include Newmont Mining Corp., Gold Standard Ventures Corp., and Premier Gold Mines Ltd. Spartan Gold has expanded Poker Flats to 3,600 acres. The Company now holds an option for a 75 percent majority ownership of this project. The geological mapping process is underway, as well as the first phase interpretations of Poker Flats including an updated NI 43-101 report.
The Ziggurat gold property is located approximately 20 kilometers north of Round Mountain, Nevada. The Company has completed a significant project expansion plan for the Ziggurat prospect consisting of 6,800 acres. This expansion brings the claim total to 343. Spartan Gold also holds an option for a 75 percent majority ownership of this project. The geological mapping process is underway, as well as the first phase interpretations of Ziggurat. This includes an updated NI 43-101 compliant technical report surrounding the entire property.
Spartan Gold’s growth strategy is to profitably explore and mine their existing gold concessions. The Company has an emphasis on continuing to diversify through additional acquisitions and joint venture partnerships.
Spartan Gold Ltd. (SPAG), closed Friday’s session at $0.08, even with yesterday's close, on 1,600 volume with 2 trades. The average volume for the last 60 days is 100. The 52-week low/high is $0.07/$4.50.
Albina Community Bancorp (ACBC)
We are reporting on Albina Community Bancorp(ACBC) today, here at the QualityStocks Daily Newsletter.
Albina Community Bancorp’s sole subsidiary is Albina Community Bank. The Bank provides a range of banking products and services in the Portland, Oregon metropolitan area. Albina Community Bank is independently and locally-owned and operated by individual shareholders throughout their community. Founded in December 1995, Albina Community Bancorp has their headquarters in Portland. The Company’s shares trade on the OTCQB.
Albina Community Bank is one of just approximately 61 commercial banks across the United States certified as a Community Development Financial Institution (CDFI) by the U.S. Treasury. Deposits at Albina are reinvested in the Bank’s local Portland neighborhoods.
Concerning the Bank’s history, they were initially funded with a neighborhood settlement with PacifiCorp and support from investors throughout their community. Albina Community Bank’s current shareholders include Legacy Emanuel Hospital and Meyer Memorial Trust. However, the Bank is actually owned by the people of Portland via the NE Portland Community Development Trust, and hundreds of individual shareholders who live throughout the Bank’s local neighborhoods.
The Bank’s personal banking products and services consist of deposit accounts; personal credit, including loans, Visa credit card, home equity loans and lines, and personal credit applications, as well as online banking and bill payment services. Their business banking services include small and business banking and credit; and commercial business banking and credit, including business loans, commercial real estate loans, business credit card, and commercial business credit applications. Their business banking services also include merchant services, business online banking, business online bill payment services, deposit courier services, cash management, and depository services.
At the end of July, Albina Community Bancorp reported that they earned $12,000, or $0.01 per diluted share, in the second quarter ended June 30, 2012. This is in comparison to $98,000, or $0.07 per share, earned in the first quarter of 2012, and $101,000, or $0.08 per share for the second quarter a year ago. Their net income was $110,000 or $0.08 per share for the first six months of 2012, compared to $262,000, or $0.20 for the same period a year prior. Continued improvements to asset quality and lower cost of funds contributed to profits in the first and second quarters of this year.
Net income at Albina Community Bank was $143,000 in the second quarter of 2012. This is in comparison to $247,000 in the preceding quarter and $233,000 in the second quarter a year ago. For the first six months of 2012, the Bank earned $390,000.
Albina Community Bancorp (ACBC), closed Friday’s session at $0.20, up 52.67%, on 1,000 volume. The average volume for the last 60 days is 2,858. The 52-week low/high is $0.10/$0.51.
American Liberty Petroleum Corp. (OREO)
OTCPicks, Terry’s Tips, Investors Alley, Trade of the Week, Wyatt Investment Research, and StreetAuthority Financial reported recently on American Liberty Petroleum Corp. (OREO), and today we are highlighting the Company, here at the QualityStocks Daily Newsletter.
American Liberty Petroleum Corp. focuses on reducing America’s need for imported oil. They work to accomplish this by discovering major, new onshore U.S. energy resources and by tapping overlooked or undervalued onshore domestic resources through exploration and development technologies not previously available. The Company concentrates on the acquisition, drilling, and production of oil and natural gas properties and prospects.
The Company was formerly known as Oreon Rental Corp. They changed their name to American Liberty Petroleum Corp. in May of 2010. American Liberty Petroleum has their headquarters in Bakersfield, California. Founded in 2008, the Company’s shares trade on the OTC Bulletin Board.
In the under-explored state of Nevada, American Liberty’s 8,157-acre Gabbs Valley Prospect is located on the 26,000-acre Cobble Cuesta structure. The Company’s 7,270-acre Kibby Flat Prospect is located in the Monte Cristo basin.
In early June, American Liberty Petroleum provided a summary of the Company's recent progress on the Cortez Operation. The operation is located on the 3,840-acre Cortez lease in Gabbs Valley, Nye County, Nevada, and includes two wells: Cobble Cuesta 1-12 and Paradise 2-12. In early May of this year, work resumed on the Paradise 2-12 well. This included a fluid level test that indicated a 1920' fluid column in the well bore above the pump.
Following the application of hot water and a new proprietary chemical formula treatment, the well produced additional fluid consisting of an oil/water mix. In total, approximately 29 barrels of crude was shipped to Foreland's Eagle Springs Refinery in neighboring White Pine County. This represents American Liberty Petroleum’s second sale to Foreland. As of May 29, 2012, the Company had received an Authority For Expenditure (AFE) to re-enter the Cobble Cuesta 1-12 well, and an AFE to drill a new well in the Cortez lease.
Recently, American Liberty Petroleum announced that oil and gas consulting services firm Netherland, Sewell & Associates Inc. (NSAI) terminated their consulting agreement with American Liberty as of July 18, 2012. On April 27, 2012, American Liberty signed an engagement letter with NSAI to perform consulting petroleum engineering work as required to assist the Company in determining the next steps in the development of their Nevada-based Cortez operation. The Company shared information with NSAI after the agreement was signed. However, NSAI did not provide any specific consulting services before deciding to terminate the agreement.
American Liberty Petroleum Corp. (OREO), closed Friday at $0.08, even with yesterday's close, on 139,672 volume with 37 trades. The average volume for the last 60 days is 997,275. The 52-week low/high is $0.07/$1.99.
Dacha Strategic Metals, Inc. (DCHAF)
Streetwise Reports reported earlier on Dacha Strategic Metals, Inc. (DCHAF), and today we are highlighting the Company, here at the QualityStocks Daily Newsletter.
Dacha Strategic Metals, Inc. invests in physical strategic minerals, certain of which are currently unavailable directly to investors. The Company has acquired a strategic inventory of these minerals with a primary initial focus on rare earth elements (REEs). Incorporated in 1996, Dacha’s shares trade on the OTCQX International. The Company has their corporate headquarters in Toronto, Ontario.
Dacha's focus is to achieve investment gains via the long-term appreciation in the value of their physical holdings of strategic minerals, particularly rare earth elements. The Company’s intention is to add value by becoming an active market participant in strategic minerals. Dacha is working to meet this investment objective by assembling a portfolio of strategic minerals that the Company believes has the greatest potential for capital appreciation and subsequently employing a "buy-and-hold" investment strategy. They are also working to meet this investment objective by opportunistically trading occasionally to realize gains to meet their investment objective.
The Company’s intention is that the majority of the funds they raise from time to time will be invested by the Operator to purchase and store inventories of Strategic Minerals in warehouses worldwide that have approval by the London Metals Exchange or the Minor Metals Trade Association. Most of the Strategic Minerals purchased by the Operator are held, following delivery, at licensed warehouse facilities outside of China.
Dacha is initially focusing on stockpiling certain heavy rare earths: Terbium (Tb), Dysprosium (Dy), Gadolinium (Gd), Europium (Eu) and Yttrium (Y). On the Company’s list of critical strategic metals are Indium (In), Gallium (Ga), Selenium (Se), Tellurium (Te), Rhenium (Re) and Hafnium (Hf). Dacha continually refines their definition of critical as the markets change.
On Wednesday of this week, Dacha Strategic Metals and Aberdeen International, Inc. (AAB.TO) announced that they entered into a definitive agreement whereby Dacha and Aberdeen will, subject to shareholder, court and regulatory approvals, enter into a plan of arrangement whereby Dacha will acquire all of the outstanding shares of Aberdeen and Aberdeen will become a wholly owned subsidiary of Dacha. Under the terms of the Transaction, shareholders of Aberdeen will receive 0.80 of a Dacha common share for each common share of Aberdeen held.
The Board of Directors of each company unanimously approved the Transaction. Upon completion of the Transaction, existing Dacha and Aberdeen shareholders will own approximately 52 percent and 48 percent of the combined company, respectively, on a basic shares outstanding basis.
Dacha Strategic Metals, Inc. (DCHAF), closed Friday’s trading session at $0.53, up 10.51%, on 55,031 volume with 24 trades. The average volume for the last 60 days is 39,730. The 52-week low/high is $0.32/$0.97.
Four Oaks Fincorp, Inc. (FOFN)
Today we are reporting on Four Oaks Fincorp, Inc. (FOFN), here at the QualityStocks Daily Newsletter.
Listed on the OTCQB, Four Oaks Fincorp, Inc. operates as the holding company for Four Oaks Bank & Trust Company. Four Oaks provides general commercial banking products and services in eastern and central North Carolina. In addition, the Company offers a product line of secondary marketing-type mortgages. Four Oaks Fincorp has their headquarters in Four Oaks, North Carolina.
Four Oaks offers a wide spectrum of financial services by way of their seventeen offices. They have offices in Four Oaks, Clayton, Smithfield, Garner, Benson, Fuquay-Varina, Wallace, Holly Springs, Harrells, Sanford, Zebulon, Dunn, Rockingham, Southern Pines, and Raleigh, North Carolina.
The Bank of Four Oaks was chartered in June 1912, in Four Oaks, North Carolina, with a capital investment of $10,000. B. I. Tart was the Bank’s first Cashier (Executive Officer) until 1927. Bert Lassiter became Cashier in 1927; he served in that role until 1970. The Bank weathered the Depression of the early 1930’s; they were the 134th bank in the state allowed to open after the “Bank Holiday” in 1933. Edward Bert Lassiter became Cashier in 1970. He served until 1980. At present, Ayden R. Lee, Jr., who joined The Bank of Four Oaks in 1980, serves as Chairman, President and Chief Executive Officer. In 1986, the first branch office opened in Clayton, North Carolina.
Four Oaks offers an assortment of deposit products. These include checking, savings, individual retirement, NOW, and money market accounts, as well as certificates of deposit, and student checking and savings programs. They also offer loans for businesses, agriculture, real estate, personal uses, home improvement, and automobiles; mortgage loans; equity lines of credit, and credit cards.
Furthermore, Four Oaks offers safe deposit boxes; electronic funds transfer services, Internet and telephone banking services, bill pay and mobile banking services, cashier’s checks, traveler’s check cards, and gift cards. Additionally, the Company provides brokerage services in the areas of financial strategies, mutual funds, annuities, insurance, stocks, individual retirement accounts, employee benefit plans, 401(k)s, and employee pension plans.
This past May, Four Oaks Fincorp announced positive earnings in 2012’s First Quarter. They announced the results for the first quarter ended March 31, 2012. Net income for the first quarter ended March 31, 2012 was $552,000 compared to a net loss of $1.1 million for the same period of 2011.
Four Oaks Fincorp, Inc. (FOFN), closed Friday’s trading session at $1.95, up 9.55%, on 6,413 volume with 5 trades. The average volume for the last 60 days is 354. The 52-week low/high is $0.85/$2.00.
Hybrid Coating Technologies, Inc. (HCTI)
Today we choose to highlight Hybrid Coating Technologies, Inc. (HCTI), here at the QualityStocks Daily Newsletter.
Hybrid Coating Technologies, Inc. focuses on improving the quality and safety of coatings and paint for industrial and commercial customers globally. The Company is the exclusive licensee of Green Polyurethane™ coatings and paint. These are the world’s first-ever patent protected polyurethane-based coatings and paint products. They eliminate toxic isocyanates from the entire production process. Hybrid Coating Technologies lists on the OTC Bulletin Board. The Company has their corporate headquarters in Daly City, California.
Hybrid Coating Technologies’ products are used in a variety of applications. These include industrial and commercial buildings, private and public garages, chemical plants, food processing facilities, automotive spray booths, warehouses, marine applications, equipment for liquid fertilizer delivery, military equipment, protective coatings inside pipes, and monolithic floorings for civil, industrial, and military engineering.
Green Polyurethane™ (also called HNIPU-hybrid non-isocyanate polyurethane) is a "hybrid" material that mixes together the high chemical resistance properties of epoxy and the advanced durability and wear resistance properties of polyurethane. This makes it a premier application for high traffic and corrosive surface areas. Green Polyurethane ™ can be applied in one coating in most cases. This provides a cost-saving substitute to currently used multi-layered flooring applications.
In addition, Green Polyurethane™ provides the first quality solution to the environmental and health hazards associated with isocyanates in polyurethane. Its safety features allow it to be applied without the interruption of business due to public exposure and extensive health and safety equipment. This creates significant savings for customers. Green Polyurethane™ has been thoroughly reviewed and recommended by regulatory agencies as a substitute for conventional polyurethane.
Green Polyurethane™ has a 30 to 50 percent increased resistance to chemical degradation. It does not use any solvents and is virtually odorless in its two-part application mixture. It is 3 to 4 times more corrosion resistant, has greater adhesiveness and wear resistance, and increased hydrolytic stability. It is also safe and easy curing in cold, hot and sunny conditions, and can undergo application on dry and wet substrates, which is not possible for conventional polyurethane coatings.
Hybrid Coating Technologies’ ultimate goal is to license their proprietary Green Polyurethane™ formulation to national and/or global coatings formulators. The Company will then focus on rolling out the commercialization of other Green Polyurethane™ applications such as adhesives and sealants.
Hybrid Coating Technologies, Inc. (HCTI), closed Friday’s trading at $0.30, down 60.00%, on 15,183 volume with 8 trades. The average volume for the last 60 days is 2,563. The 52-week low/high is $0.18/$1.55.
Longhai Steel, Inc. (LGHS)
The QualityStocks Daily Newsletter would like to spotlight Longhai Steel, Inc. (LGHS). Today, Longhai Steel, Inc. closed trading at $1.38, up 23.21%, on 7,100 volume with 13 trades. The stock’s average daily volume over the past 60 days is 11,927, and its 52-week low/high is $0.15/$5.00.
Longhai Steel Inc. reported financial results for the three and six month periods (ended June 30) recently, showing record shipment volumes for the second quarter in a row (up 22% from the previous quarter and 10% from the same quarter in 2011), as production at the company’s second, expanded facility continues to ramp up nicely, with strong market play from a higher-quality steel wire and more diverse customer mix ably offsetting the impact of lower steel prices.
Longhai Steel, Inc. (LGHS) is a leading producer of high-quality steel wire in eastern China, with annual capacity of 1.5 million metric tons. Longhai's wire is manufactured into screws, nails, and wire mesh used for fencing and to reinforce concrete. Longhai recently expanded its production facility to include specialized applications such as steel wire rope, steel strand, steel belted radial tires, and steel welding rod. Longhai Steel is headquartered in Xingtai, Hebei province, the People's Republic of China.
The company's competitive advantages are its advanced production equipment and process technology, high product quality, expedited production, and close proximity to distributors and end users. Longhai Steel recently opened a second production line, which increases its overall capacity by 67% and expands its product portfolio into higher quality steel wire for specialized applications such as steel wire rope, steel strand, steel belted radial tires, and steel welding rod.
Longhai Steel's growth strategy includes capitalizing on government actions aimed at encouraging industry consolidation via the acquisition of neighboring producers at attractive valuations. The company also plans to grow organically through capacity expansion, broadening its product portfolio, improving operating efficiencies, and continued expansion of technical expertise.
China is the world's largest producer and consumer of steel and steel wires. Demand for steel products is primarily driven by spending in the construction, automotive, and infrastructure industries in China. Continued economic development in Hebei, one of the largest steel manufacturing regions in China, and neighboring provinces, and further buildout of tier 3-6 cities in China, provide tremendous medium and long term opportunities for Longhai Steel. Disclaimer
Longhai Steel, Inc. Company Blog
Longhai Steel, Inc. News:
Longhai Steel Announces Strong Second Quarter 2012 Operating Results
Longhai Steel Hosts Q2 2012 Financial Results Conference Call, August 16
Longhai Steel Launches New Corporate Video
GlobalWise Investments, Inc. (GWIV)
The QualityStocks Daily Newsletter would like to spotlight GlobalWise Investments, Inc. (GWIV). Today, GlobalWise Investments, Inc. closed trading at $1.69, up 5.63%, on 14,357 volume with 13 trade. The stock’s average daily volume over the past 60 days is 4,518, and its 52-week low/high is $1.02/$1.87.
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 New Channel Sales Partnership With RJ Young
GlobalWise Accepted as Member of Prestigious Organization Technology United
GlobalWise CEO to Be Featured Speaker at World Expo 2012 Conference
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 $0.27, up 5.26%, on 102,499 volume with 22 trades. The stock’s average daily volume over the past 60 days is 25,157, 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 Corp Announces World-Renowned Scientists Join as Advisors on Parkinson's Disease Program
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
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 $0.06, even with yesterday's close. The stock’s average daily volume over the past 60 days is 14,104, 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
Longhai Steel, Inc. is a leading producer of high-quality steel wire in eastern China, with annual capacity of 1.5 million metric tons. Longhai’s wire is manufactured into screws, nails, and wire mesh used for fencing and to reinforce concrete. Longhai recently expanded its production facility to include specialized applications such as steel wire rope, steel strand, steel belted radial tires, and steel welding rod. Longhai Steel is headquartered in Xingtai, Hebei province, the People’s Republic of China.
The company’s competitive advantages are its advanced production equipment and process technology, high product quality, expedited production, and close proximity to distributors and end users. Longhai Steel recently opened a second production line, which increases its overall capacity by 67% and expands its product portfolio into higher quality steel wire for specialized applications such as steel wire rope, steel strand, steel belted radial tires, and steel welding rod.
Longhai Steel’s growth strategy includes capitalizing on government actions aimed at encouraging industry consolidation via the acquisition of neighboring producers at attractive valuations. The company also plans to grow organically through capacity expansion, broadening its product portfolio, improving operating efficiencies, and continued expansion of technical expertise.
China is the world’s largest producer and consumer of steel and steel wires. Demand for steel products is primarily driven by spending in the construction, automotive, and infrastructure industries in China. Continued economic development in Hebei, one of the largest steel manufacturing regions in China, and neighboring provinces, and further buildout of tier 3-6 cities in China, provide tremendous medium and long term opportunities for Longhai Steel.
For more information on Longhai Steel, Inc., please visit the company's website at: www.LongHaiSteelInc.com
International Stem Cell was listed first among emerging biotech alternatives in an article over at Seeking Alpha that showcased stem cell technology and other improved solutions to the largely ineffective ‘band-aid’ drug-based offerings currently out there for treating Parkinson’s. The devastating degenerative neurological disease is now estimated to be affecting a staggering 1M Americans alone (7-10M globally), with another 60k domestic cases diagnosed every year.
ISCO is on the cutting-edge of stem cell therapeutics development, with a rich portfolio of regenerative medicine technologies. The company’s recent (July 18) disclosure that they will be taking the Parkinson’s Disease Program to the next level has sent a wave through the scientific community. ISCO is proceeding with non-human primate pre-clinical work to further validate their surgical implantation procedure, and while this primate work will indeed be more costly, the solid correlation for predictive results in human physiology are worth it and ISCO anticipates talking to FDA about the IND filing/preclinical safety studies early in 2013 after initial results come out.
The pioneering work done by ISCO in developing the requisite technology for this sort of therapy is remarkable. The company has developed a process that chemically stimulates cell division in unfertilized ova (no embryo is ever created or destroyed), resulting in production of a new class of stem cells, human parthenogenic stem cells (hpSCs), which offer all the plasticity (pluripotentcy) of the best stem cells in a format that overcomes outstanding immune-matching problems. This superior class of cells has wide-ranging applications from regenerative skin-care through to promising actual treatment for neurological diseases like Parkinson’s (as well as liver damage treatment and even cornea tissue implants/replacement). Unlike existing drug-based solutions for Parkinson’s (Levodopa being the main one), which merely attempt to compensate for dopamine deficiency (related to the death of neurons in that crucial portion of the midbrain which produces dopamine), ISCO’s technology holds the promise of applying regenerative stem cell therapy for an actual cure to the underlying conditions.
In other news this week, ISCO reported recruiting two of the top minds in the field today for their Parkinson’s Disease Program: Former Assistant Professor in Neurology at Harvard Medical School Dr. Sánchez-Pernaute (one of the first to show how it is possible for Parkinson’s to be treated via parthenogenetic stem cell technology in the primate model) and Sanford-Burnham Medical Research Institute Professor, Evan Snyder, MD, PhD, a renowned stem cell pioneer and director of Sanford-Burnham’s stem cell program/research center.
ISCO is focused on replacing dead cells with healthy cells, cells that will grow into new dopamine-producing neurons and which can do so without the threats typically presented by immune rejection after transplantation. Think of the potential for this kind of technology, using the body’s own cells to heal itself; think of how this is radically different than inputting synthetic molecule solutions in some vain attempt to stabilize an already cascade-failure type problem like that presented by Parkinson’s and other degenerative neurological diseases.
ISCO is one of the emerging leaders in tissue science in general, utilizing a novel business model with subsidiary business units like Lifeline Cell Technology and Lifeline Skin Care, which even a cursory review validates how far the company has come in producing viable, practical commercialization vectors for their breakthrough stem cell technologies.
For more information on International Stem Cell Corp., please visit the company’s website at: www.InternationalStemCell.com
To read Shrideep Murthy’s article over at Seeking Alpha, you can go to:http://seekingalpha.com/article/812171
With what is estimated to be well over 200 million vehicles on the road in the U.S. alone, one can imagine the volume of tires being replaced on an annual basis. Hundreds of millions of tires are scrapped every year in the U.S., and, in spite of private and governmental efforts, millions of them still end up in landfills. And that’s a problem, because tires are designed to be tough and long lasting, not easily broken down, plus they capture empty space, increasing their discard volume.
It’s a special tragedy, since tires can now be recycled into many things, including various forms of asphalt for roadways, aggregate for concrete, flooring and roofing materials, and many other applications. The number of uses continues to grow as new technologies are applied, such as the processing of tires into fuels. A solid market now exists for the vast majority of scrap tires being generated.
Most individuals, and most companies, don’t have the time or contacts to search out and work with the many tire reprocessors that have been established around the country, which is where USA Recycling Industries plays one of its major roles. The Pennsylvania based company acts as a critical link between automotive aftermarket centers around the country and end recycling processors. With its contacts to key players both in and outside of the U.S., the company has prevented countless tires from ending up in landfills, or otherwise hurting the environment.
In addition, USA Recycling supports the recycling of more than just tires. The company handles scrap metal, used motor oil and lubricants, batteries, oil filters, and various other products of the automotive aftermarket industry. Keeping these and other damaging items out of landfills is the central point of their mission statement.
For additional information, visit the company’s website atwww.USARecyclingIndustriesInc.com
Canadian-based Oncolytics Biotech is focused on the novel approach of developing oncolytic viruses as potential therapeutics for patients afflicted with various types of cancer, including lung, pancreatic, and colorectal cancers. The company’s clinical program includes a Phase III trial in head and neck cancer using REOLYSIN, its proprietary formulation of the human reovirus.
The company today announced that it has completed its 36 patient enrollment in its U.K. Phase I clinical trial using intravenously-administered REOLYSIN in combination with cyclophosphamide in patients with advanced malignancies. Eligible patients include those who have been diagnosed with advanced or metastatic solid tumors. These include patients with pancreatic, lung, and ovarian cancers that don’t respond to standard therapy, or for which no standard curative therapy exists.
The study will examine the potential of cylcophosphamide to modulate the immune system’s response to REOLYSIN. The primary objective of the open label, dose-escalating, non-randomized Phase I study is to determine the minimum effective immunomodulastory dosage of cyclophosphamide necessary to obtain successful immune modulation to combat the cancer. Secondary aims of the trial include assessing the safety profile of the combination and gathering any evidence of anti-tumor activity from this drug combination.
The market for much needed cancer therapies is large, offering Oncolytics quite an opportunity. The American Cancer Society estimates there will be more than 1.6 million new cancer cases diagnosed in the U.S. alone in 2012. The U.S. National Institutes of Health estimated than even five years ago, the direct medical cost associated with cancer was in excess of $100 billion.
For additional information about Oncolytics Biotech and REOLYSIN, please visit the company’s website at www.oncolyticsbiotech.com
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