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The QualityStocks Daily

Escalon Medical Corp. (ESMC)

Today we are highlighting Escalon Medical Corp. (ESMC), here at the QualityStocks Daily Newsletter.

Trading on the NASDAQ Capital Market, Escalon Medical Corp. operates in the healthcare market. The Company specializes in the development, manufacture, marketing and distribution of medical devices and pharmaceuticals. These are in the areas of ophthalmology, diabetes, hematology and vascular access. Escalon Medical Corp. has their corporate headquarters in Wayne, Pennsylvania.

The Company has six primary wholly-owned operating subsidiaries. Escalon Vascular Access develops, manufactures and markets ultrasound technology for assisted vascular access. The PD Access™ and SmartNeedle™ Doppler-guided vascular access assemblies are patented devices which utilize a miniature Doppler ultrasound probe positioned within the lumen of a needle to locate and access arteries or veins.

The VascuView™ visual ultrasound provides high resolution 2D imaging of subcutaneous structures including blood vessels to guide vascular access of standard needles and catheters. The devices are used across several specialty groups including cardiac catheterization labs, intensive and critical care units, anesthesia, cancer centers, interventional radiology, and others.

The Company’s Drew Scientific subsidiary is a leading provider of instruments and reagents for blood analysis, including cell counters for hematology, chemistry analyzers, and hemoglobin analyzers for diabetes. Their JAS Diagnostics subsidiary specializes in the manufacture of a broad range of liquid stable, diagnostic chemistry reagents. Escalon Medical Corp.’s Escalon Digital Solutions subsidiary provides digital imaging solutions for fundus and slit lamp photography used by both retinal specialists and general ophthalmologists.

The Sonomed subsidiary is the global leader in ophthalmic ultrasound, with 30 years of experience helping ophthalmic professionals use ultrasound to measure, diagnose, and plan. Sonomed offers technology geared for many specific purposes within ophthalmology. This includes A-scans for biometric readings and cataract management, pachymetry for measurement of corneal thickness necessary for LASIK screening and intraocular pressure interpretation, traditional B-scans for diagnostic imaging, and ultrasound biomicroscopy (UBM) for high-frequency B-scan imaging useful in many applications.

Their Trek Medical subsidiary focuses on providing devices primarily for use in vitreoretinal surgical applications. These include intraocular gases used as tamponades following repair of retinal tears, gas and
silicone oil delivery systems, fiber optic light guides and light sources for visualization of the surgical field, and various other surgical instruments.

Escalon Medical Corporation (ESMC) closed Friday’s trading session at $1.68 on 8,164 volume with 3 trades.  The average volume for the last 60 days is 3,258 and the 52-week low/high is $1.43/$2.23.

Huifeng Bio-Pharmaceutical Technology, Inc. (HFGB)

FeedBlitz reported recently on Huifeng Bio-Pharmaceutical Technology, Inc. (HFGB), Xplosive Stocks did earlier, and we are highlighting the Company, here at the QualityStocks Daily Newsletter.

Founded in 2002, Huifeng Bio-Pharmaceutical Technology, Inc. develops, produces, and sells botanical extracts, active pharmaceutical ingredients (APIs), and pharmaceutical raw materials, in mainland China and internationally. They market to the pharmaceutical, nutraceutical, and food and beverage markets. Huifeng Bio-Pharmaceutical Technology, Inc. trades on the OTCBB and they have their headquarters in Xi'an, China.

Huifeng Bio-Pharmaceutical Technology, Inc. has a diverse customer base. It includes distributors and manufacturers in China, Japan, Hong Kong, Russia, India, Germany, and the United States.

The Company holds the patent for a highly efficient process to extract rutin. Rutin is one of a class of plant-derived chemicals called flavonoids, with anti-inflammatory, antioxidant, and anticoagulant properties. Other flavonoid or flavonoid-derived Huifeng products include troxerutin, quercetin, ginkgo biloba, diosmin, and l-rhamnose.

The Company uses proprietary patented processes to extract rutin more efficiently than traditional extraction techniques. They are diversifying their product lines through internal development, acquisition, and cooperation with scientific research organizations.

On September 9, 2010, Huifeng Bio-Pharmaceutical Technology, Inc. announced a definitive agreement under which Huifeng will acquire 90 percent of the equity ownership of Shangqiu Kexin Rutin Processing Ltd. (Kexin) at a price of $1.75 million. Kexin is a local leading Rutin manufacturer in Henan Province. As a result of the acquisition, Kexin will be a wholly-owned subsidiary of Huifeng.

On September 23, 2010, Huifeng Bio-Pharmaceutical Technology, Inc. announced the reinspection approval of Good Manufacturing Practice (GMP) certificate by the State Food and Drug Administration (SFDA) on September 7, 2010. All pharmaceutical companies in China are required by SFDA to gain GMP Certificate for the production of pharmaceuticals.

"GMP certificate is a rigorous process that we are delighted to have approval of reinspection successfully," said Mr. Jing'an Wang, the Chief Executive Officer of Huifeng Bio-Pharmaceutical. "The approval of GMP certificate has a significant impact on our company's future success; this further proves the superior quality standards of our products. This certification allows us to move forward to expand not only our domestic market but also our oversea markets, such as in U.S., India, European countries, Japan and South America as GMP is required by their government."

Huifeng Bio-Pharmaceutical Technology Inc. (HFGB) closed Friday’s trading at $0.53 on 27,412 volume with 11 trades.  The average volume for the last 60 days is 25,260 and the 52-week low/high is $0.45/$1.40.

Southern Community Financial Corporation (SCMF)

Street Insider and Wall Street Greek reported earlier on Southern Community Financial Corporation (SCMF), and we choose to highlight the Company today, here at the QualityStocks Daily Newsletter.

Southern Community Financial Corporation is the holding company of Southern Community Bank and Trust, a community bank.  Southern Community Bank and Trust has twenty-two banking offices throughout North Carolina. Southern Community Financial Corporation trades on the NASDAQ Global Select Market. They have their headquarters in Winston-Salem, North Carolina.

Southern Community Bank and Trust provides an assortment of financial services to individuals, businesses, and nonprofit organizations. They accept various deposits, including non-interest-bearing checking accounts, interest-bearing checking accounts, savings accounts, money market accounts, and certificates of deposit.

Their loan portfolio comprises real estate loans for purchasing, constructing, and refinancing one-to-four family residential, five or more family residential and commercial properties. Their loan portfolio also comprises residential mortgage loans; commercial mortgage loans; construction loans; commercial loans, such as secured and unsecured loans for working capital, expansion, and other business purposes; and loans to individuals comprising automobile loans, boat and recreational vehicle financing, and miscellaneous secured and unsecured personal loans.

Southern Community Bank and Trust also provides trust and investment services, safe deposit boxes, and other associated services. The Company also operates outsourced ATM cash dispensing machines in North Carolina.

Through their Southern Community Wealth Management division, the Company provides guidance and information to help customers grow their money and protect their financial future. This includes IRAs, Trust and Estate Planning, Investments, Financial Planning, as well as 1031 Exchange Services.

For Business Services, Southern Community offers a variety of accounts designed to fit different businesses of every size and type. These include Deposit Accounts, Accounts for Non-Profits, and Cash Management Accounts. Southern Community helps businesses manage their enterprises with succession planning to cash flow. They offer Planning, Preferred Employee Package, Cash Services, and Debit Cards. 
 
Southern Community Bank and Trust opened for business in Winston-Salem, North Carolina in 1996 with one branch and 13 employees.  Today, the Company has branches throughout the state of North Carolina and more than 300 employees.

Southern Community Financial Corp. (SCMF) closed Friday’s trading at $1.80 on 111,028 volume with 222 trades. The average 60-day volume is 8,198 and the 52-week low/high is: $1.81/$3.20.

Bontan Corporation, Inc. (BNTNF)

Stock Marketing Inc., SmallCap Voice, and Hot Stock Chat reported previously on Bontan Corporation, Inc. (BNTNF), and we highlight the Company, here at the QualityStocks Daily Newsletter.

Bontan Corporation Inc. is an oil and gas exploration company that operates and invests in exploration prospects. Bontan seeks, through their subsidiaries, highly visible opportunities in countries around the world with a history of natural resource production that offer attractive propositions. Bontan Corporation, Inc. trades on the OTC Bulletin Board. They have their headquarters in Toronto, Ontario.

The Company looks to minimize risk by bringing in either joint venture, carried or working interest partners, depending on the size and scale of the project. Bontan partners with highly experienced and sophisticated management teams on each exploration or drilling project. Bontan has, more recently, participated in exploration projects in Papua New Guinea with Interoil Corporation, and in Calcasieu Parish Louisiana.

On September 7, 2010, Bontan Corporation Inc. provided an update announced by their subsidiary, Israel Petroleum Company, Limited on September 4, 2010. Israel Petroleum Company (IPC) announced the results of the Prospective Resource Evaluation Report prepared by Chapman Petroleum Engineering Ltd. on the two prospects located on the Mira and Sarah Drilling Licenses, offshore Israel.

Based on the potential size of the gas accumulations defined in the Report along with the results of the 3-D seismic survey over the Sarah and Mira licenses, IPC is moving forward with their partners in identifying the best locations for drilling the first two wells. Preliminary results of the 3-D seismic survey and the actual 3D survey have been submitted to the Petroleum Commissioner at Israel's Ministry of National Infrastructures (MNI) in accordance with Israeli regulations.

The Report states that the best estimate of gross prospective sales gas resources for the prospect on the Mira Licenses is 4.24 TCF and 1.47 TCF for the prospect on the Sara License, for a total 5.71 TCF. These estimates are for 100 percent of the working interest in each license. IPC's interest is 13.609 percent.

The Sarah and Mira Licenses are adjoining blocks located approximately 30 to 60 miles, respectively, offshore Israel in the Mediterranean Sea. The Licenses are each 154 square miles in area and to date are undrilled. A 3D seismic survey contracted to WesternGeco was completed in late 2009 and fully covers both Licenses.

Bontan Corporation Inc. (BNTNF) closed Friday’s trading session at $0.0185 on 1,207,000 volume with 14 trades.  The average 60-day volume for the last 60 days is 88,415.  The 52-week low/high is $0.18/$0.46.

Vista Gold Corp. (VGZ)

Streetwise Reports, OTC Tip Reporter, Hot OTC, Stock Rich, Bull Rally, Cool Penny Stocks, and Stock Source reported recently on Vista Gold Corp. (VGZ), and we are highlighting the Company today, here at the QualityStocks Daily Newsletter.

Vista Gold Corp. focuses on the development of the Concordia gold project in Baja California Sur, Mexico, and the Mt. Todd gold project in Northern Territory, Australia. This is to achieve their goal of becoming a gold producer. They are an international gold mining company with a 20-plus year history of gold exploration, development and operations.

Following their highly successful spin-out of Allied Nevada Gold Corp. to shareholders in 2007, the Company has been advancing their strategy of transforming Vista from a portfolio company to a mid-tier gold producer principally through the development of their two core projects. Vista Gold Corp. trades on the NYSE Amex and they have their headquarters in Littleton, Colorado.

Once in production, Concordia is projected to produce an average of 142,900 ounces of gold over the first five years and an average of 127,400 ounces per year over its total 10-year mine life. Mt. Todd has the potential to produce approximately 187,500 ounces of gold per year over a projected nine-year mine life. Vista Gold Corp. also has a significant pipeline of additional development and exploration projects for future growth and value realization.

The Company’s other holdings include the Guadalupe de los Reyes gold project in Mexico, the Yellow Pine gold project in Idaho, the Awak Mas gold project in Indonesia, and the Long Valley gold project in California.

On September 8, 2010, Vista Gold Corp. announced a mineral resource estimate of 179,000 ounces of Measured and Indicated Resources  and 277,000 ounces of Inferred Resources  at the Quigleys deposit, located 3.5 km northeast of the Batman deposit at the Company's Mt. Todd gold project in Northern Territory, Australia.

Vista's President and COO, Fred Earnest, commented, "We plan to evaluate the feasibility of incorporating material from this satellite deposit into our development plans for the Mt. Todd gold project.  The Quigleys deposit is one of several satellite deposits that we have identified on the Mineral Leases and Exploration Licenses ("EL's") we hold at the Mt. Todd gold project.”

Vista Gold Corp. (VGZ) closed Friis $1.30/$3.38.day’s trading at $2.35 on 646,166 volume with 1,558 trades.  The average 60-day volume is 529,942 and the 52-week low/high

Steelcase Inc. (SCS)

CRWE Wall Street reported yesterday on Steelcase Inc. (SCS), and we highlight the Company today, here at the QualityStocks Daily Newsletter.

Trading on the NYSE, Steelcase Inc., together with their subsidiaries, engages in the design, manufacture, and marketing of office furniture. This is for corporate, hospitality, and residential settings in North America and internationally. The Company’s brands offer a comprehensive portfolio of workplace furnishings, products and services. They are globally accessible via a network of channels, including more than 650 dealers. They design for social, economic, and environmental sustainability. Steelcase Inc. has their headquarters in Grand Rapids, Michigan.

The Company began in 1912 as The Metal Office Furniture Company in Grand Rapids, Michigan. They received their first patent in 1914 for a steel wastebasket. This was a significant innovation at a time when straw wastebaskets were a serious office fire hazard. That led to metal desks, and the Company has furthered their business with product and service innovations since that time.

Steelcase Inc.’s portfolio of solutions addresses the three core elements of an office environment. These three are interior architecture, furniture and technology. The Company changed their name to Steelcase in 1954 and became a publicly held company in 1998.

Steelcase Inc. consists of three core brands. These are Steelcase, Turnstone and Coalesse – and several sub-brands, including Nurture, the Company’s healthcare division.   

The Company provides interior architectural products, including full and partial height walls and doors, and lighting, as well as steel case furniture, including panel-based and freestanding furniture systems. They also provide seating products, which include ergonomic chairs, lounge seating, general use chairs, and specialty healthcare seating. In addition, they provide complementary products that include storage, tables, and work tools.

Steelcase Inc. also offers visual communication products, such as static and electronic whiteboards; and Web-based communication tools. They also engage in the provision of surface materials. This includes textiles, wall coverings, shades, screens, and surface imagings mainly to architects and designers for use in business, residential, healthcare, and hospitality applications. They also provide workplace strategy consulting, product design and innovation, lease origination, and furniture and asset management services.

The Company announced this past June that the Steelcase cobi® chair with leather upholstery received level(TM) 3 certification, the highest level of achievement possible in the Business and Institutional Furniture Manufacturer's Association (BIFMA) e3 certification program. The Steelcase Think® chair was the first product in the world to achieve level 3 certification and Steelcase adds to this accomplishment with the cobi chair.

On September 22, 2010 Steelcase Inc. reported second quarter revenue of $599.8 million and net income of $2.8 million, or $0.02 per share, both ahead of company estimates. Excluding restructuring costs, adjusted earnings equaled $0.08 per share. Steelcase reported $578.1 million of revenue and break-even net income in the second quarter of the prior year.

"We are pleased to report positive momentum in our second quarter, with a highlight being organic revenue from our International customers rising 15 percent over the prior year," said James P. Hackett, president and CEO. "Our International and North America segments expect a solid third quarter, fueled by double-digit order growth this quarter compared to the prior year."

Steelcase Inc. (SCS) closed Friday’s trading at $7.59 on 1,974,146 volume with 17,118 trades.  The average 60-day volume is 618,552 and the 52-week low/high is $4.98/$9.47.

Kenexa Corp. (KNXA)

FeedBlitz reported recently on Kenexa Corp. (KNXA), and we are highlighting the Company today, here at the QualityStocks Daily Newsletter.

Kenexa Corp. is a global provider of business solutions for human resources. They help global organizations multiply business success by identifying the best individuals for any particular job and fostering optimal work environments for every organization. Kenexa Corp. trades on the NASDAQ Global Select Market. They have their North American headquarters in Wayne, Pennsylvania.

Kenexa has studied human behavior and team dynamics in the workplace for over 20 years. They have developed the software solutions, business processes and expert consulting that help organizations impact positive business outcomes through HR. Kenexa is the only company that offers a comprehensive suite of unified products and services that support the entire employee lifecycle from pre-hire to exit.

The Company’s unified products and services include Recruitment Process Outsourcing, Employment Branding, Employee Assessments, Recruitment Technology, and Onboarding. They also include Performance Management, Employee Surveys, Learning Management, as well as Leadership Solutions.

On September 16, 2010, Kenexa Corp. announced that Kenexa 2x Mobile™ was recognized as a Top HR Product of the Year by Human Resource Executive® magazine. Kenexa will receive the Top HR Product of 2010 award at the awards ceremony being held on September 29, 2010 at the 13th Annual HR Technology® Conference and Expo in Chicago, Illinois. Winners were determined based on several factors, including how innovative the product is, how much value it adds to the HR function, ease of use, and whether the product delivers on its promises.

Yesterday, Kenexa announced a new research collaboration with Dr. Charles Handler, President and Founder of Rocket-Hire. This partnership focuses on developing cutting-edge employment assessments targeted at creating highly realistic job simulations through virtual world technology. The Company and Dr. Handler will demonstrate their proof of concept and its multiple promising applications for hiring, workforce development and team building via an interactive demo at Booth 700 during the upcoming HR Technology Conference and Exposition in Chicago from September 29 to October 1, 2010.

Kenexa Corp. (KNXA) closed Fridays trading at $18.42 on 758,547 volume. The stock's average daily volume over the past 3-months is 119,663 shares.

Qiao Xing Universal Resources, Inc. (XING)

FeedBlitz, Hot OTC, Stock Traders Chat, Stock Rich, Cool Penny Stocks, Bull Rally, and Penny Trader Publisher reported earlier on Qiao Xing Universal Resources, Inc. (XING), and we highlight the Company, here at the QualityStocks Daily Newsletter.

Headquartered in Huizhou, Guangdong Province, China, Qiao Xing Universal Resources, Inc. is an emerging Chinese resources company. The Company was previously one of the leading players of telecommunication terminal products in China. However, they made the strategic decision to diversify into the resources industry in 2007. Qiao Xing Universal Resources, Inc. trades on the NASDAQ Global Select Market.

In April of 2009, the Company acquired 100 percent equity interest in China Luxuriance Jade Company, Ltd (CLJC). CLJC, through their wholly owned Chinese subsidiaries, owns the rights to receive the expected residual returns from Chifeng Haozhou Mining Co., Ltd. Chifeng Haozhou Mining is a large copper- molybdenum poly-metallic mining company in Inner Mongolia, China.

Since then, Qiao Xing Universal Resources, Inc. has further refined their strategy. This business objective is to become a pure resources company and the Company is actively seeking additional acquisition targets in the resources industry. This is while negotiating with potential buyers to divest their indoor phone and lower-end mobile phone business The Company is continuing the higher-end mobile phone business through their subsidiary Qiao Xing Mobile Communication Co., Ltd.  The management of the Company has proposed to distribute the shares they own in Qiao Xing Mobile Communication Co., Ltd. to their shareholders in the future, subject to board approval.

In January 2010, Qiao Xing Universal Resources, Inc. announced that their newly acquired subsidiary, Guangxi Hongyuan Mining Co., Ltd (GXHY), signed a cooperation agreement with the owners of Yinping Copper-Tin Mine, (Yinping Mine). This cooperation agreement is to acquire the right to 60 percent of the profit from the operation of the Yinping Mine. The Yinping Mine is already in operation, and currently has milling capacity of 50 tons of ore per day.

The Company acquired the right to get 60 percent profit from the Yinping Mine in exchange for a commitment to invest approximately RMB20 million (US$2.9 million) to add a milling plant with a capacity of 200 tons per day. The Yinping Mine has tin grade of over 1 percent. This is well above the global average grade of 0.45 percent.

On September 22, 2010, Qiao Xing Mobile Communication Co., Ltd., a manufacturer of mobile handsets in the People's Republic of China, announced that the special committee of their Board of Directors provided a letter to Qiao Xing Universal Resources, Inc. The special committee of Qiao Xing Mobile Communication Co., Ltd. informed the Parent Company that they continue to analyze the Parent's Acquisition Proposal.

Qiao Xing Universal Resources Inc. (XING) closed Friday’s trading session at $1.49 on 194,271 volume with 311 trades.  The average 60-day volume is 167,633 and the 52-week low/high is $1.36/$2.87.

The QualityStocks Company Corner

VizStar, Inc. (VIZS)

The QualityStocks Daily Newsletter would like to spotlight VizStar, Inc. (VIZS) Today, VizStar, Inc. closed trading at $0.22, up 10%, on 227,920 volume with 61 trades. The stock’s average daily volume over the past 60 days is 26,748 with a 52-week low/high of $0.0162/$0.65.

VizStar, Inc. (VIZS) CEO, Gary Clyburn Jr., issued a letter to the investment community outlining the Company's current positioning, growth strategy and pending developments. The complete letter can be found at the following link: http://blog.qualitystocks.net/?p=26098.

VizStar, Inc. (VIZS) DBA Celestial Jets, is a premier aviation charter broker focused on delivering a new and unparalleled way to experience private jet travel. The company delivers this unmatched service without monthly membership fees, initiation fees, long term commitments or capital investment, while delivering typical savings of 20-30% when compared to other charter or fractional companies in the market place.

Within as little as four hours notice, Celestial Jets can make all the travel arrangements for their client's next trip. Whether it is a short hop or an intercontinental journey, business or pleasure, each and every detail is attended according to the client's specific requirements. With access to nearly 6,000 qualified aircraft, ranging from light, mid, heavy or jumbo jets, Celestial Jets is capable of serving any potential client.

The company adheres to the highest and most up-to-date safety standards of today. Each aircraft, in correspondence with FAA law, is flown by two pilots, each with outstanding credentials and type rated for the aircraft they are flying. Celestial Jets also abides by the strict protocol of the Transportation Security Administration, the Federal Bureau of Investigation and all other federal and local law enforcement agencies.

Celestial Jets' service goes much further than just the flight, offering chauffeured limousine pickup with planeside drop off, world class catering, hotel and resort accommodations, and restaurant reservations, in addition to technical support, accounting, legal, or secretarial services, spa treatments, event planning, and childcare. Leaving no detail to chance or any expectation left unmet, Celestial Jets takes care of everything at the most competitive prices in the industry. Disclaimer

VizStar, Inc. Blog

VizStar, Inc. News:

VizStar, Inc. CEO Issues Shareholder Letter

VizStar, Inc. Opens Strategically Significant Office in Los Angeles, California

VizStar, Inc. President and CEO Highlighted as a Featured Guest on Mind Your Own Business (MYOB) Radio Show

Simulated Environment Concepts, Inc. (SMEV)

The QualityStocks Daily Newsletter would like to spotlight Simulated Environment Concepts, Inc. (SMEV). Today, Simulated Environment Concepts closed trading at $0.023, up 91.67%, on 3,000 volume. The average 60-day volume is 202,766 with a 52-week low/high of $0.001/$0.07.

Simulated Environment Concepts, Inc. (SMEV) is focused on manufacturing and distributing their patented SpaCapsule® as well as continued innovation in the areas of anti-aging, cosmetics, relaxation, cellulite reduction, and weight loss. Finding use in numerous environments such as relaxation centers, golf clubs, ski lounges, gyms, and health clubs, the SpaCapsule® provides next generation de-stressing and relaxation.

The company’s founders, Dr. Ella Frenkel and Dr. Ilya Spivak, initially capitalized Simulated Environment Concepts Inc. with several million dollars of their own money. With this initial investment, the company worked on, and succeeded in developing, the sleek and stylish looking pressurized dry water massage relaxation station.

SpaCapsule® is a full body massage, aromatherapy, audio and video entertainment system. The capsules are fused with advanced modern technology and healing methods of aromatherapy and audiovisual relaxation techniques, incorporating proprietary water-jet and pressure-jet technology that requires no on-site plumbing. Weighing approximately 500 lbs, the capsule only requires standard electric service.

Simulated Environment Concepts, Inc. (SMEV) anticipates progressive and consistent growth over the next six years. With individuals spending billions of dollars on de-stressing, weight loss, anti aging, cosmetics, massage and physical rehabilitations, the company is in a position to experience explosive growth from current levels. Disclaimer

Simulated Environment Concepts, Inc. Blog

Simulated Environment Concepts, Inc. News:

Simulated Environment Concepts (SMEV) Expanding Production, Cost Reduction, Global Expansion

Simulated Environment Concepts Prepares to Fulfill Expanding Production Schedule - Major Cost Reduction to Manufacturing

Ireland's Life and Fitness Magazine Profiles Simulated Environment Concepts' Flagship

The Mobile Star Corp. (MBST)

The QualityStocks Daily Newsletter would like to spotlight The Mobile Star Corp. (MBST). Today, The Mobile Star Corp. closed trading at $0.01 on 100 traded shares. The average 60-day volume is 70,012 with a 52-week low/high of $0.0021/$0.22.

The Mobile Star Corp. (MBST) focuses on introducing new interactive entertainment applications for the out-of-home consumer markets. The company's main product, a Karaoke Vending Machine, provides a unique personal karaoke experience designed by recording studio professionals. With ease of use and affordability in mind, the system enables anyone to record their own digital music CD using the song of their choice.

The Vending Machine is similar in size and form to the highly-popular photo booths seen in shopping centers, amusement parks, pubs and other tourist attractions. Customers enjoy a studio recording experience while the fully automated system captures the performance. Once finished, the unit publishes a professionally edited digital CD featuring the customer's voice and selected music. The system also has the ability to share the music with friends online.

Using a proprietary digital-media software platform and professional-grade hardware, Mobile Star's studio is able to dramatically improve sound quality while imitating the acoustics of a hall. The coin-operated machines will be located in popular recreational areas including shopping malls, bars and theme parks, to name a few. Each machine is expected to generate more than $30,000 in gross annual revenues.

Following a recent pilot program, The Mobile Star reached a preliminary distribution agreement with Apple Industries, one of North America's premier manufacturers and distributors of coin-operated electronic entertainment. Apple Industries anticipates distributing Mobile Star's vending machine via its well-established marketing channels and is confident that it will be a market winner.

Micro Identification Technologies Inc. News:

Mobile Star Developing Models to Drive Significant Traffic to Vending Machines

IDO Security Inc. (IDOI)

The QualityStocks Daily Newsletter would like to spotlight IDO Security Inc. (IDOI). Today, IDO Security Inc. closed trading at $0.0008 on 5,082,254 traded shares. The average 60-day volume is 10,125,171 with a 52-week low/high of $0.0004/$0.0061.

IDO Security, Inc. (IDOI), headquartered in New York with a subsidiary in Israel, focuses on developing solutions for shoes-on weapons metal detection. The company's flagship product, the patented MagShoe™ system, instantly and accurately detects metal items concealed on or in footwear, ankles or feet without requiring the removal of shoes. Taking only 3-4 seconds to scan, the detection system solves possibly the most problematic issue in the security checkpoint routine.

The MagShoe is produced at the company's main manufacturing facility in Rishon LeZion, Israel where it offers local sales and support via a worldwide network of industry-leading distributors and system integrators. Designed for security and loss prevention at high-security venues and checkpoints, IDO Security's products are currently in use at international airports, cruise lines, government agencies and other locations requiring strong security.

The company's detection systems employ state-of-the-art sensors and algorithms to detect weapons and other controlled metal articles. By providing accurate measurements, the MagShoe solutions keep false alarms at minimum - detecting potentially dangerous items while ignoring metal typically found in footwear such as heels, zippers and ornaments. The advanced technology reduces the number of manual inspections required, allowing personnel to focus on the real threat.

President and Director Michael L. Goldberg guides the direction of the company with an extensive business and legal background spanning more than 30 years. Prior to joining IDO Security, Mr. Goldberg spent 17 years as the Chairman, CEO and one-time President of RX Medical Services, a medical company that owned and operated small rural hospitals, clinical laboratories and MRI/CT centers across the US. He has served on the boards and as a member of audit and compensation committees for a number of public companies.
Disclaimer

IDO Security Inc. (IDOI Blog

Simulated Environment Concepts, Inc. News:

IDO Security Expands Presence in Europe

IDO Security Successfully Showcases the New MagShoe 3G(TM) at the SICUR International Security Safety Exhibition

MoneyTV with Donald Baillargeon, 3/5

Emerging Media Holdings, Inc. (EMDH) Breaks Eastern European Market Share Record

VizStar, Inc. (VIZS.OB) Flys Well Ahead of Competitors

Private aviation broker VizStar Inc., dba Celestial Jets, is unique in its industry, with some very specific things going for it. Headquartered in New York, the company provides upscale charter aviation services to entertainers, athletes, executives, and even government agencies. And it does it all on an as-need quick-response basis, without demanding membership or initiation fees. Customers just call and fly from any point to any other point, using any one of 5700 available aircraft, completely avoiding the wait and the hassle normally associated with air travel.
• The company offers competitive charter rates, but without the upfront charges, an important differentiator in a very competitive, though expanding, marketplace.

• Instead of having to maintain a fleet of its own planes, limiting availability and increasing fixed costs, the company has access to thousands of outside charter aircraft. The customer can have any size plane required, anywhere in the world, with only a few hours notice.

• They offer every conceivable option, from customer pickup and delivery, to food and business service requirements, making it as easy and pleasurable for the customer as possible.

• The company has laid out a definite growth strategy, acquiring the assets of jet charter businesses which have suffered from the recession. They’ve already identified a number of prospective targets, potentially generating over $40 million in annual revenue and $4 million in operating earnings.

• By using technology to auction off vacant seats on private aircraft, the company helps maintain the lowest possible costs.
• Customers will be able to book flights via the Internet and mobile applications.

Add to this the fact that their market continues to grow. According to the FAA, “The demand for business jet aircraft has grown over the past several years. New product offerings, the introduction of very light jets, and increasing foreign demand have helped to drive this growth. In addition, corporate safety/security concerns for corporate staff, combined with increasing flight delays at some U.S. airports have made fractional, corporate, and on-demand charter flights practical alternatives to travel on commercial flights. Despite the hard impact of the recession felt in the business jet market, the forecast calls for robust growth in the long term outlook and predicts business usage of general aviation aircraft will expand at a faster pace than that for personal/recreational use.”

SED International Holdings, Inc. (SECX) Extends Share Repurchase Program

SED International, www.SEDonline.com – a 30-year veteran multinational and preferred distributor of computer technology, small appliances, cellular products and consumer electronics, reported reservation of an additional $150k by the Board of Directors for stock repurchases under the Company’s current program.

The reservation was made two days ago (Sept. 22) as part of the stock repurchase program, pursuant to which the Company is able to buy back shares of common stock via the open market or individually negotiated transactions.

President and CEO of SECX, Jonathan Elster, confidently asserted that this extension of the repurchase program validates the Company’s steadfast commitment to increasing shareholder value and proving to the wider investment world that SECX “represents a compelling investment opportunity”.

Elster cited robust 2010 financial data and a clear growth strategy for 2011 and beyond as evidence of the Company’s ability to not only continue to develop the business but also to make new strides into exciting opportunities and novel prospects that translate into future corporate/financial growth.

Since inception of the repurchase program in August of last year, the ball has steadily been moved down the field. This extension brings the authorized aggregate for repurchases to $350k, with a total of 51,608 shares (average cost of $2.36/share) already tucked under its belt as of the end of June this year.

Structuring of open market operations leading to repurchase of stock was designed in full compliance with Securities Exchange Act of 1934, Rule 10b-18 and SECX thus bears no obligation to acquire a specific number of shares and may suspend/terminate at any time at the discretion of the Board.

Working capital will fund the repurchase program, with shares acquired under it ending up retired, restored to the status of authorized and unissued shares, or added to treasury shares. Either way, the percentage ownership of all existing shareholders will increase as the program progresses.

Genta Inc. (GETA) – An Innovator in Cancer Treatment Drugs

Genta Inc. is a biopharmaceutical company focused on the development and commercialization of drugs for the treatment of people with cancer. The company has built a broad portfolio of proprietary products in various stages of clinical development. Genta’s drugs in development include Ganite (gallium nitrate), Genasense (oblimersen sodium), Tesetaxel, and oral gallium.

Here is a brief overview of Genta’s four cancer drugs:

• Tesetaxel is a novel, orally-absorbed taxane that is in the same class of drugs as docetaxel and paclitaxel. Tesetaxel has completed several Phase 2 clinical trials. The company has initiated studies of the drug in patients with solid tumors, particularly stomach cancers.

• Genasense injection is a modified DNA-based antisense drug that may enhance the effectiveness of anti-cancer therapy. Enrollment of patients with advanced melanoma in a Phase 3 study is complete.

• Ganite is being currently being marketed by Genta in the United States. It is used for treatment of patients with cancer-related hypercalcemia that is resistant to hydration.

• Oral gallium is in Phase 1 studies for treatment of patients with various conditions associated with bone loss.
For further information on Genta and its drugs in development, please visit its website at www.genta.com.

Callon Petroleum Corp. (CPE) Reports Increase in Proved Reserves and Reaffirms Production Guidance

Callon Petroleum Corp. reported a strong increase in proved reserves of oil and gas compared to the end of 2009, and reaffirmed the company’s production guidance for the third quarter of 2010.

Callon Petroleum Corporation reported proved reserves of 13 million barrels of oil equivalent at 9/1/2010, a 34% increase from the 9.7 million barrels of oil equivalent reported at 12/31/2009. The company said that 58% of the reserves were oil and the balance were natural gas.
The management of Callon Petroleum Corporation attributed the increase to development of oil and gas properties in the Permian Basin of Texas and the Haynesville Shale play in Louisiana.

Callon Petroleum Corporation also reaffirmed the company’s production guidance for the third quarter of 2010 ending 9/30/2010. The company released production guidance in early August 2010 of between 24 and 27 million cubic feet of natural gas equivalent per day, and believes that it is on track to meet that guidance.

Callon Petroleum Corporation is an oil and gas exploration and development companies with properties in both the onshore and offshore areas of the United States. The company’s most recent well was in the Haynesville Shale and is currently producing at a gross production rate of 10.5 million cubic feet equivalent per day.

 


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