plus 4, RV industry no longer running on empty - MSNBC |
- RV industry no longer running on empty - MSNBC
- AAA: More Marylanders To Travel For Thanksgiving - WBAL Radio
- Videos From the Web: Car Videos - San Francisco Chronicle
- Snyder, Rine, Smith, Dunham and Hoover Take Top Honors at Selinsgrove ... - Who Won
- ECOB, GTWO, OPSY, SNBP, WWPW, NLST, VKNG, KWBT, MTVO, IOVE, HDVY ... - Transworld News
| RV industry no longer running on empty - MSNBC Posted: 20 Nov 2009 02:58 PM PST The wheels are slowly turning again for the RV industry here, the mainstay of this region's economy. Sales are beginning to pick up again. RV makers are cautiously hiring back some of the workers they furloughed during the downturn. Jayco Industries in Middlebury, which was producing about 150 vehicles a day in 2006 with a work force of 2,000, cut production and employment by about half during the downturn. The company recently hired back about 200 workers to keep up with a bump in demand. "On the one hand it feels really good (to be hiring again)," said Jayco President Derald Bontrager. "But we also recognize that both nationally and globally, economies still have a long way to go to fully recover." And that's the crux of the issue. It's clear that some regions are seeing some of their industries revive. Our latest Adversity Index shows nearly one in four metro areas beginning to recover, including the Elkhart-Goshen area. But the recovery is faint, uneven, faces many threats and is starting from a point so low that it could take years to get up to cruising speed. Although RV makers are hiring back workers and shortening planned holiday furloughs, the industry is still operating at its lowest level in some 25 years. Some 70 percent of the nation's recreational vehicles are produced in Elkhart County, but the industry hit a major bump when gas prices surged in 2007. Then production all but ground to a halt as the recession took hold and credit froze up last year. But as RV makers tentatively begin to ramp up production again, other businesses in Elkhart also are seeing the economy's wheels begin to turn again.
Car dealers have seen a pickup in traffic to once-empty showrooms, partly due to the government's Cash for Clunkers program, which lifted sales nationwide over the summer. Harold Zeigler, who owns 10 dealerships in the region including a Ford/Lincoln Mercury outlet in Elkhart, said the program was so successful that some of his dealerships ran out of inventory. Another factor boosting car sales: Loans are getting approved more easily than they were at the height of the financial crisis a year ago. "At the worst of it they were pretty tight, but I don't see that as being an issue," Zeigler said. "There seems to be plenty of money for car sales for a good customers with decent credit." Similarly the real estate market is also getting a lift from government-provided tax credits for home buyers and cheap credit for borrowers. Congress extended tax credits that were set to expire Nov. 30, and 30-year mortgage rates are at a near-record low of 4.83 percent, accroding to mortgage giant Freddie Mac. In Elkhart, prices seem to have stabilized, according to Barb Swartley, a real estate agent with Century 21. "We had a nice little surge in the late spring and in the late summer, and I look for this tax credit to make a difference," she said. "I think that could spur some people to make a move that may have been on the fence." Sales are still far below levels seen before the recession began, as they are nationwide. And the commercial real estate market remains mired in a deep slump, according to John Letherman, a commercial real estate broker and president of the Elkhart County Council. "We've got excess capacity, and along with excess capacity and vacancy come some fairly difficult times for our industry," he said. "The few buyers that are there are basically bottom feeders. We've had some sales at $10 and $12 a square foot of buildings that that should have sold for $20 to $30." Though some businesses are slowly adding workers, Elkhart County unemployment remains stubbornly high — 14.9 percent as of October, according to data released Friday. Nationally the rate is much lower but still rising — to 10.2 percent in October, up from 9.8 percent in September. "Businesses around here are not hiring unless they feel they're on a pretty solid economic footing," said William Burton, regional president of 1st Source Bank Elkhart. With so many workers without a paycheck, some retailers are still waiting for signs of recovery. At the Inside Outlet furniture store on Bristol Street, owner Ann Cari says sales are down roughly 70 percent from last year. "It's a holding on situation," she said. "I'm 31 years in this business. Never seen it like this. Never, never, never." Unlike Zeigler, the auto dealer, Cari said she is still having problems with tight credit. Lenders no longer provide her with store financing for her customers. And fewer customers are willing to take on debt. "People are afraid to put anything on credit because of the fact that might lose their job, or they don't have a job," she said. Nationwide, lending to businesses and consumers has been contracting sharply in recent months. Sheila Bair, head of the Federal Deposit Insurance Corp. told a bankers conference in New York last week that she's "very worried" that banks aren't lending enough. She warned the economy could take another turn for the worse without increased access to credit. Consumer credit fell at an annual rate of 7 percent in September, the latest data available, according to the Federal Reserve. Commercial and industrial lending at the end of October was 17 percent lower than a year ago. Bankers in Elkhart say they are ready to lend to customers with good credit, but demand has dried up as consumers have cut down on debt and diverted more cash into savings, said Burton. "Credit quantity has been shrinking, but that isn't entirely because of banks being unwilling to lend," said Burton. "Banks in fact are fairly eager to lend in the Elkhart marketplace." That's not good news for bankers, who would rather be earning interest on their cash reserves by lending them out to borrowers. The hope here is that the early signs of life in the RV industry, the housing market and other pockets of strength will gradually take hold. But business leaders acknowledge that with a regional economy still heavily dependent on RV sales across the nation, Elkhart's fortunes are closely tied to the U.S. economy as a whole. "I smell Elkhart coming back," said Letherman. "The question is how fast and how sustained this thing's going to be. I sure hope it's for real." This content has passed through fivefilters.org. |
| AAA: More Marylanders To Travel For Thanksgiving - WBAL Radio Posted: 20 Nov 2009 07:06 AM PST Approximately 794,000 Marylanders are expected to travel 50 miles or more round trip this holiday. "Although Maryland's unemployment rate continues to remain at a high level and many residents are still experiencing financial hardship, it seems Marylanders have a more positive outlook this year and do not want to miss the opportunity to spend time with loved ones on Thanksgiving Day," commented Ragina C. Averella, Manager of Public and Government Affairs at AAA Mid-Atlantic. The primary mode of choice for Marylanders to reach their destination is the automobile, with other modes of transportation such as train, watercraft, buses or RV still taking preference over airplanes. The majority of Marylanders, 669,000 (84% of travelers) are expected to travel by auto, which reflects a 4.6 percent increase versus the 2008 holiday. "Marylanders have been contending with higher fuel costs the last few weeks, and although gas prices are approximately 30 percent higher on average than last year this time, Maryland's average price remains under $3 a gallon, making driving a relatively cost efficient option," commented Averella. "Gas prices have stabilized over the last few days and are anticipated to hold steady through the Thanksgiving holiday weekend, pending no unforeseen circumstances that could impact the price of crude oil." More Marylanders are also choosing other modes of transportation over flying this holiday. Nine percent of travelers, 73,000, are forecasted to travel by other means, including train or bus, a five percent increase over last year's holiday. Only 6.5 percent of Marylanders, 52,000, are expected to take to the skies, a 5.2 percent decline. "It's not surprising that Marylanders are foregoing the airport this year to reach their Thanksgiving destination. Given the hassles of airport security, reduced capacity, as well as added surcharges and fees, it seems Marylanders are seeking other modes of transportation that are less restrictive and perhaps more inexpensive," added Averella." Compared to the nationwide average, Marylanders will travel farther distances to reach their destination, 1,077 round trip miles on average compared to the national average of 877 miles. Thirty-five percent of Maryland travelers are projected to log between 701 and 1,500 miles, while 24 percent are expected to travel 1,500 miles or less from home. (Note, these figures include trips by all forms of transportation and not just auto.) This content has passed through fivefilters.org.  This posting includes an audio/video/photo media file: Download Now |
| Videos From the Web: Car Videos - San Francisco Chronicle Posted: 19 Nov 2009 07:53 PM PST . Intermountain has served the Rocky Mountain Region for over 25 years. 2005 marked an exciting move to our new dealership at 3204 E. Platte Ave. to better serve our growing customers in the retail market with RV and AUTO sales featuring Southern Colorados largest indoor RV showroom. Our pre-owned car and truck sales continue to provide customer satisfaction with a high quality, low cost, customer value approach. Visit us today to meet our Sales staff and enjoy a low pressure buying ... This content has passed through fivefilters.org. |
| Snyder, Rine, Smith, Dunham and Hoover Take Top Honors at Selinsgrove ... - Who Won Posted: 16 Nov 2009 12:47 PM PST Selinsgrove Speedway & Raceway Park Monday, November 16, 2009 Snyder, Rine, Smith, Dunham and Hoover Take Top Honors at Selinsgrove Speedway and Raceway Park Awards Banquet by Steve Inch HERSHEY, Pa. -- Selinsgrove Speedway & Raceway Park concluded the 2009 season with the Ninth Annual Awards Banquet Saturday, Nov. 14, at the Sheraton Harrisburg-Hershey Hotel. More than $30,000 in point fund monies, trophies, and jackets were awarded to the year's top performing teams in the track's go kart, micro sprint car, roadrunner, pro stock, late model, and 358 sprint car divisions. This content has passed through fivefilters.org.  This posting includes an audio/video/photo media file: Download Now |
| ECOB, GTWO, OPSY, SNBP, WWPW, NLST, VKNG, KWBT, MTVO, IOVE, HDVY ... - Transworld News Posted: 19 Nov 2009 10:56 AM PST Visit http://www.otcpicks.com/microcap.htm to register for our Daily Market Mover's Digest Newsletter and Email Stock Watch Alerts. Dallas TX 11/19/2009 06:35 PM GMT (TransWorldNews)
Our Stocks to Watch today include EcoBlu Products Inc. (OTCBB: ECOB), Gen2Media Corp. (OTCBB: GTWO), Optical Systems Inc. (OTC: OPSY), Sinobiopharma Inc. (OTCBB: SNBP), Wind Works Power Corp. (OTCBB: WWPW), Netlist Inc. (Nasdaq: NLST), Viking Systems Inc. (OTCBB: VKNG), Kiwa Bio-Tech Products Group Corp. (OTCBB: KWBT), Montavo Inc. (OTCBB: MTVO), Accredited Business Consolidators/Italian Oven Corp. (OTC: IOVE) and Health Discovery Corp. (OTCBB: HDVY). Visit http://www.otcpicks.com/microcap.htm to register for our Daily Market Mover's Digest Newsletter and Email Stock Watch Alerts. ECOBLU PRODUCTS INCORPORATED (OTCBB: ECOB) "Up 17.65% in morning trading" Detailed Quote: http://www.otcpicks.com/quotes/ECOB.php Company Profile: http://www.otcpicks.com/ecoblu-products.htm Biomagnetics Diagnostics Corporation is an advanced medical device and biotechnology company. The Company's revolutionary diagnostic systems, which are based on advanced magnetics, test for any viral or bacterial disease using any body fluid. The Company's technology allows laboratories to perform far more tests in the same amount of time it takes to do a single test. The HTS-MTP platform is designed to detect the actual virus and viral load in body fluids and not just simply screen for the presence of viral antibodies. ECOB News: November 19 - EcoBlu Signs Exclusive Licensing Agreement With Hartindo Fire Protection Supplier Megola Fire Inhibitor Protects Engineered Wood; Adds to EcoBlu's Mold, Rot-Decay and Termite Shield EcoBlu Products, Inc. (OTCBB: ECOB), provider of eco-friendly, protected wood products, has signed an exclusive licensing agreement with fire protection supplier Megola, (OTC: MGOA), adding to the company's proprietary BLUWOOD™ technology which protects wood from the harmful effects of mold, rot-decay and termites. The exclusive partnership enables EcoBlu to protect both dimensional lumber and engineered wood against another devastating threat — fire. As a part of the agreement, EcoBlu has acquired the exclusive rights to Megola's Hartindo AF21 Fire Inhibitor in North America as an additive to EcoBlu's BLUWOOD™ technology. Hartindo AF21 provides Class A fire protection for dimensional lumber, panels and engineered wood products. "In addition to protecting wood from mold, termites, wood-rot and now fire, this agreement provides EcoBlu with a comprehensive solution able to address the long-standing problem of the increased flammability of engineered wood products," said Steve Conboy, President and CEO of EcoBlu Products, Inc. The increased flammability of Engineered Wood Products versus natural dimensional wood products has caused concern among Industry leaders, fire protection advocates and project designers. Demand for engineered wood products continues to grow due to their strength, cost effectiveness and the lack of mature dimensional lumber. Protecting engineered wood from fire will mitigate this threat to safety and support further growth for engineered products. "We sought to partner with EcoBlu because they have the potential to be the leader in this important building products category and have the expertise and capacity to grow swiftly," said Joel Gardner, president and CEO of Megola, Inc. Megola, recognized as an industry leader in fire protection, will supply EcoBlu with its proprietary, non-toxic, environmentally friendly solution, utilizing its blending facilities in the U.S. ABOUT MEGOLA, INC. Megola Inc. is a Nevada Corporation based in Point Edward, Ontario , Canada , and traded on the Pink Sheets under the symbol MGOA. The company is committed to providing environmental solutions through advanced technology and solving environmental problems using the most environmentally sustainable means possible that in the long term will have positive impact on company budgets and the environment. Megola Inc. is the exclusive North American manufacturer and co-exclusive distributor of the Hartindo Anti-Fire product line and the exclusive world-wide distributor of the ScaleGuard series of physical water treatment equipment. GEN2MEDIA CORPORATION (OTCBB: GTWO) "Up 25.00% in morning trading" Detailed Quote: www.otcpicks.com/quotes/GTWO.php Company Profile: http://www.otcpicks.com/Newsletter/GTWO_102809.html Gen2Media is a fully integrated technology, production and marketing company whose proprietary and patent-pending technology has earned the trust of a growing, globally diversified customer base, comprised of leading media companies, corporations, chart-topping artists, entertainment companies, advertising agencies and national brands such as The Black Eyed Peas, Mary J. Blige, Britney Spears, Justin Timberlake, Microsoft Xbox LIVE, Coca-Cola Company, Toyota, Clear Channel, and others. GTWO News: November 18 - A New Audio Interview with Mark Argenti, CEO of Gen2Media Corp., is Now at SmallCapVoice.com SmallCapVoice.com, Inc. announced that a new audio interview with Gen2Media Corp. (OTCBB: GTWO) is now available. The interview can be heard at http://smallcapvoice.com/blog/11-17-09-audio-interview-gen2media-corporation-otcbb-gtwo/. SmallCapVoice.com is a recognized corporate investor relations firm, with clients nationwide, known for its ability to help emerging growth companies build a following among retail and institutional investors. SmallCapVoice.com utilizes its stock newsletter to feature its daily stock picks, audio interviews, as well as its clients' financial news releases. SmallCapVoice.com also offers individual investors all the tools they need to make informed decisions about the stocks they are interested in. Tools like stock charts, stock alerts, and investor fact sheets can assist with investing in stocks that are traded on the OTC BB and Pink Sheets. OPTICAL SYSTEMS INCORPORATED (OTC: OPSY) Detailed Quote: http://www.otcpicks.com/quotes/OPSY.php Company Profile: http://www.otcpicks.com/optical-systems/optical-systems.htm Optical Systems, Inc., through its operating subsidiary, Automotive Software Designers, Inc., develops technology and services for the automotive retail industry designed to maximize productivity and increase profits at auto dealerships. ASDI's flagship technology solution, Save-a-Deal, is a turnkey customer relationship management (CRM) tool for auto dealerships. Our business development center (BDC) provides a variety of services designed to help auto dealerships drive traffic to their showroom or Web site, retain customers and generate new streams of revenue. OPSY News: November 18 - Optical Systems, Inc. Signs Marketing Agreement to Target 1,700 East Coast Dealerships With Its Flagship CRM Software, Save-a-Deal 2010 Potential annual revenue from Save-a-Deal could exceed $50 million Automotive Software Designers, Inc., a leading provider of software and services for the automotive retail industry and a wholly owned subsidiary of Optical Systems, Inc. (OTC: OPSY) announced that it has selected DealerDX, LLC to exclusively market the latest version of the Company's flagship customer relationship management (CRM) software, Save-a-Deal, to automobile and recreational vehicle dealerships across Maryland, Pennsylvania and Virginia. "There are more than 1,700 dealerships in the Northeast, "said B.J. Grisaffi, Chairman and Chief Executive Officer of Optical Systems, Inc. "Save-a-Deal has the potential to generate more than $50 million in annual revenue if we are able to sign 50 percent of those dealerships. This agreement could be a game changer for our Company and our shareholders." DealerDX, LLC is a private consulting firm, and a member of the National Association of Minority Automobile Dealers (NAMAD). Teresa Beasley who recently joined forces with DealerDX after a 20-year career with Reynolds and Reynolds said: "Save-a-Deal 2010 is key to driving dealership productivity, quality, and profit improvements. Save-a-Deal is designed for dealers by dealers." Save-a-Deal is a comprehensive, fully-integrated front office software solution specifically designed to increase auto dealerships' profitability. When properly used, this scalable CRM system is guaranteed to increase unit sales and profit-per-vehicle, while lowering costs through enhanced efficiency. Save-a-Deal 2010 is a more streamlined, cost-effective CRM solution than its predecessor with added capabilities in remote personnel management, customer service, training, and security. "Save-a-Deal 2010 is an amazing product that has the potential to revolutionize daily operations at automobile, RV, motorcycle, and boat dealerships," said Lee Putney, President and Founder of DealerDX, LLC. "We are excited about expanding our role with the company, and target new dealerships in key markets across the United States ." SINOBIOPHARMA INCORPORATED (OTCBB: SNBP) Detailed Quote: http://www.otcpicks.com/quotes/SNBP.php Company Profile: http://www.otcpicks.com/sinobiopharma/sinobiopharma.htm Sinobiopharma, Inc. is a fully integrated and highly innovative specialty biopharmaceutical company engaged in the research and development, manufacture and marketing of biopharmaceutical products in China , the world's fastest growing pharmaceutical market. Known as Dong Ying ( Jiangsu ) Pharmaceutical Co., Ltd. in China , the Company's current therapeutic focus is on anesthesia-assisted agents and cardiovascular drugs. SNBP News: November 19 - Zacks Equity Research Initiates Coverage on Sinobiopharma Zacks Equity Research has initiated investment research coverage on Sinobiopharma, Inc. (OTCBB: SNBP) with an Outperform and six month target price of $0.80. Jiangsu, China-based SNBP, known domestically as Dong Ying Pharmaceutical Co. Ltd., is a fully integrated and high growth company engaged in the R&D, manufacture and distribution of biopharmaceutical products. The company focuses primarily on the development of anesthesia-assisted agents as well as antibiotics for penicillin-allergic patients and cardiovascular-related products related to high blood pressure (commercial in October 2009). KuTai, SNBP's flagship product is a first-to-market Cisatracurium Besylate injectable that serves as a low cost skeletal muscle relaxant used during pre-surgical and surgical procedures. The company holds five patents in Chiral Pharmaceutical Ingredient Synthesis and Purification, and Molecular Packaging Formulation (see proprietary technology section) and has the longer-term ability to expand both the breadth of its product line and market share through R&D partnerships with Cornell University , Nanjing University , China Pharmaceutical University, and Nanjing Medical University . Trading Overview for Sinobiopharma Inc. Issued by StockPreacher.com StockPreacher.com announces an investment report featuring biotechnology company Sinobiopharma Inc. (OTCBB: SNBP). The report includes financial and investment analysis, analyst consensus, and pertinent industry information you need to know to make an educated investment decision. The investment report on Sinobiopharma Inc. (OTCBB: SNBP) should be of particular interest to other biotechnology companies: Sunesis Pharmaceuticals Inc. (Nasdaq: SNSS), Prestige Brands Holdings Inc. (NYSE: PBH), Synta Pharmaceuticals Corp. (Nasdaq: SNTA) and GlaxoSmithKline plc (NYSE: GSK). The full report is available at www.stockpreacher.com/n/SNBP Sinobiopharma Inc. (SNBP) is an emerging, fully integrated and highly innovative biotechnology company engaged in the research and development, manufacture and marketing of biopharmaceutical products in China , the world's fastest growing pharmaceutical market. Known as Dong Ying ( Jiangsu ) Pharmaceutical Co. Ltd. in China , the Company's current therapeutic focus is on anesthesia-assisted agents and cardiovascular drugs. SNBP's flagship drug — Cisatracurium besylate — captured 65% of the Chinese market within 14 months of launch. In the report, the analyst notes: "SNBP's key product is a patented version of Cisatracurium besylate, a pre-surgical skeletal muscle relaxant marketed as Kutai in China , and is the world's first that can be stored at room temperature. ... In March 2009, the Company announced that its patented version of Cisatracurium besylate has successfully concluded its phase IV Clinical Study. The yearlong clinical research project showed no significant differences between Kutai and imported Cisatracurium besylate, and no significant differences for Kutai safety and effectiveness when stored at either room temperature or a lower temperature. The Company estimates that the value of Chinese market is US$120 million and the global market at US$1 billion. "SNBP conducts research and development through Nanjing Su Ji Biotech Research Development Center and in cooperation with the Medicinal Chemistry Research Institute, Nanjing University . Both are located at Nanjing University in Nanjing . The city has emerged as one of China 's major biotech research and development centers. The Company's R&D team of 18 specialists is highly experienced research personnel and medical professionals." WIND WORKS POWER CORPORATION (OTCBB: WWPW) "Up 6.06% in morning trading" Detailed Quote: http://www.otcpicks.com/quotes/WWPW.php Company Profile: http://www.otcpicks.com/wind-works-power.htm Wind Works' mission is to become a leading developer of wind energy projects in North America and Europe . WWPW News: November 19 - Optical Systems, Inc. Launches New Version of Its Flagship CRM Product, Save-a-Deal Wind Works Power Corp. (OTCBB: WWPW) (Frankfurt: R5E1) (WKN: AOKE72) announced that it is submitting an application for its 10 megawatt (MW) Clean Breeze wind energy project for a power contract under the new Feed-in Tariff program as part of the Ontario Power Authority initial launch period. "We are excited to be submitting our first application for a power contract under the new Feed-in Tariff program in Ontario . We expect to submit a number of additional applications for other projects in our portfolio over the coming days as we approach the November 30th deadline," commented Dr. Ingo Stuckmann, CEO and director of Wind Works. "The granting of a power contract is a big milestone as it provides economic certainty and significantly increases the value and marketability of a project." The Feed-in Tariff (FIT) contract program is part of the new Green Energy Act in Ontario and offers a power contract with a guaranteed rate of C$135.00/MWh over a 20-year term to qualified wind energy projects. The Ontario Power Authority (OPA) initial launch period deadline for FIT applications is November 30, 2009. This first launch period is designed for projects that were being developed under the Renewable Energy retired Renewable Energy Standard Offer Program (RESOP program) and are therefore further advanced. Criteria of earlier commercial operation dates is one such factor in obtaining priority access to transmission availability. To be awarded a Power Purchase Agreement (PPA) under the FIT rules, the application has to be submitted in accordance with strict regulations which can be accessed in details via the OPA website at www.powerauthority.on.ca/ Clean Breeze is 10MW project located in Ontario , Canada in the Northumberland Hills. This project has been under development for over 3 years and is only 5kms from the north shore of Lake Ontario in an area of high elevation that can optimize the wind resources to a maximum. Annual mean wind speeds are measured at over 6.7 meters per second at an 80 m hub height. ABOUT ZERO EMISSION PEOPLE The vision of Zero Emission People is to provide the opportunity for anyone to invest early in the development of renewable wind energy projects. As an example, as little as a $10,000 investment in a wind park blows away a person's carbon footprint. We believe in making sound, environmentally conscious investments that are good for all shareholders, people and our planet. NETLIST INCORPORATED (NASDAQ: NLST) "Up 16.98% in morning trading" Detailed Quote: http://www.otcpicks.com/quotes/NLST.php Netlist, Inc. designs and manufactures high-performance, logic-based memory subsystems for the server and high-performance computing and communications markets. The Company's memory subsystems are developed for applications in which high-speed, high-capacity memory, functionality, small form factor, and heat dissipation are key requirements. These applications include tower-servers, rack-mounted servers, blade servers, high-performance computing clusters, engineering workstations, and telecommunication equipment. Netlist was founded in 2000 and is headquartered in Irvine , California with manufacturing facilities in Suzhou , People's Republic of China . NLST News: November 16 - Beacon Equity Issues Technical Trading Overview for Netlist Inc. BeaconEquity.com announces an investment report featuring Netlist Inc. (Nasdaq: NLST). The report includes financial, comparative and investment analyses, and pertinent industry information you need to know to make an educated investment decision. The investment report on Netlist Inc. (Nasdaq: NLST) should be of particular interest to other semiconductor companies: SMART Modular Technologies (WWH) Inc. (Nasdaq: SMOD), STEC Inc. (Nasdaq: STEC) and STMicroelectronics NV . (NYSE: STM). It is available at www.beaconequity.com/i/NLST. Netlist Inc. (NLST) designs, manufactures and sells memory subsystems primarily for the server, high-performance computing and communications markets. The Company's memory subsystems consist of dynamic random access memory integrated circuits (DRAM ICs), NAND flash memory (NAND) and other components assembled on a printed circuit board (PCB). "NLST recently launched HyperCloud™, the world's first 16GB, 2 virtual rank (vRank) memory module for servers. A double-data-rate three, registered dual in-line memory module (DDR3 RDIMM), HyperCloud maximizes server utilization to improve datacenter application performance. HyperCloud allows 384 Gigabytes (GB) of dynamic random access memory (DRAM) to be populated in a single dual socket server, reaching unprecedented levels of server performance. "NLST announced last month that it has commenced federal litigation against Westlake Village, CA-based Inphi Corporation, a high-speed analog semiconductor company, alleging that Inphi's iMB line of isolation memory buffer integrated circuits infringe Netlist's U.S. Patent No. 7,532,537. In its Complaint filed September 22, 2009 in U.S. Central District of California, Western Division, Netlist is seeking unspecified monetary damages and requests immediate and permanent action barring Inphi from making and selling infringing product..." To read the entire report, visit www.beaconequity.com/i/NLST. VIKING SYSTEMS INCORPORATED (OTCBB: VKNG) "Up 5.13% in morning trading" Detailed Quote: http://www.otcpicks.com/quotes/VKNG.php Viking Systems, Inc. (OTCBB: VKNG) is a leading worldwide developer, manufacturer and marketer of visualization solutions for complex minimally invasive surgery. The Company partners with medical device companies and healthcare facilities to provide surgeons with proprietary visualization systems enabling minimally invasive surgical procedures, which reduce patient trauma and recovery time. VKNG News: November 18 - Trading Review for Viking Systems Inc. Issued by Beacon Equity BeaconEquity.com announces an investment report featuring medical device maker Viking Systems Inc. (OTCBB: VKNG). The report includes financial, comparative and investment analyses, and industry information you need to know to make an educated investment decision. The investment report on Viking Systems Inc. (OTCBB: VKNG) should be of particular interest to medical device companies Boston Scientific Corp. (NYSE: BSX), Medtronics Inc. (NYSE: MDT) and Saint Jude Medical Inc. (NYSE: STJ). It is available at www.beaconequity.com/i/VKNG. KIWA BIO-TECH PRODUCTS GROUP CORPORATION (OTCBB: KWBT) "Up 2.86% in morning trading" Detailed Quote: www.otcpicks.com/quotes/KWBT.php The Company develops, manufactures, distributes and markets innovative, cost-effective, and environmentally safe bio-technological products for agricultural and natural resources and environmental conservation. The Company's products are designed to enhance the quality of human life by increasing the value, quality and productivity of crops and decreasing the negative environmental impact of chemicals and other wastes. KWBT News: November 12 - Kiwa Bio-Tech Reports Third Quarter Results Kiwa Bio-Tech Products Group Corporation (OTCBB: KWBT) announced results for the third quarter and for the first nine months of 2009. Revenues for the third quarter of 2009 were $1,374,561 a decrease of 40.9% from revenues of $2,327,315 in the third quarter of 2008. This decrease was in part due to deliberate reduction in sales of low margin bio-fertilizer and bio-feed products. In addition, the Company's efforts in boosting sales revenue were partially offset by requests to customers of cash payment at the time of purchase. During the three months ended September 30, 2009, cost of sales was $1,351,838, representing a decrease of $919,934 or 40.5%, compared with $2,271,772 for the same period of 2008. The sharp decrease of cost of sales was mainly attributable to reduction of revenue. Net loss, attributable to Kiwa shareholders, for the third quarter of 2009 was $516,933 compared to a net loss, attributable to Kiwa shareholders, of $567,770 in the same period of 2008. Revenues for the first nine months of 2009 were $2,864,253 compared to $7,539,083 in the first nine months of 2008. During the nine months ended September 30, 2009, net loss attributable to Kiwa's shareholders was $1,962,356, an increase of $77,370 or 4.1%, compared with $1,884,986 for the same period of 2008. Please refer to documents filed with the Securities and Exchange Commission for additional information on the results for the third quarter and first nine months of 2009. Mr. Wei Li, Chairman and CEO of Kiwa, noted, "We remain focused on strengthening manufacturing and marketing resources to develop our various business segments and product lines. The Company also continues to seek to secure financing that will provide flexibility in building our business and improve the balance sheet." MONTAVO INCORPORATED (OTCBB: MTVO) "Up 70.00% in morning trading" Detailed Quote: http://www.otcpicks.com/quotes/MTVO.php Montavo, Inc.'s mMAP is a mobile marketing platform that integrates client side mobile device software with a mobile advertising network solution and ad distribution ecosystem. Montavo offers its solution to consumer focused advertisers (manufacturers and retailers from national brands to SMBs), wireless carriers, mobile handset manufacturers and mobile OS providers, personal navigation device (PND) manufacturers, automotive manufacturers, and other tier-one suppliers as either a white-labeled mobile application or as the Montavo branded mDealFinder™. Montavo's proprietary, patent-pending mobile advertising platform has been designed from the ground up to deliver the most relevant, location-based deals on products or services to consumers while providing rich real-time data and analytics on mobile ad campaign performance and ROI to advertisers that primarily sell their products in a brick and mortar setting. MTVO News: November 19 - Montavo Announces Engineering Development for the iPhone and iPod Touch to Coincide With the Release of Rev. 3.0 Montavo, Inc. (OTCBB: MTVO) announced that the Company has prioritized engineering development efforts for mDealFinder™, the company's flagship mobile application, as well as the Montavo Mobile Advertising Platform (mMAP) for the Apple iPhone and Apple iPod Touch so the platform will be supported with the release of Rev. 3.0 planned for Q1 2010. With over 100 million iPhone and iPod Touch downloaded applications each month via the App Store, the Apple platform has clearly set the standard for mobile applications. Montavo recently announced an initiative to upgrade the overall user interface (UI) and user experience (UX) of both the mDealFinder™ application as well as mMAP suite of online tools for advertisers. These enhancements will also be incorporated into the iPhone and iPod Touch mDealFinder™ application which are focused on providing seamless, intuitive user interactions. "We're very excited about our recent focus and prioritization of the development for the iPhone and iPod Touch mDealFinder™ application," said Brook Lang, CEO of Montavo. "With the rapidly growing footprint of both devices, we're looking forward to providing consumers with an innovative, intuitive, free application that will help them save significant dollars on everything from groceries to dress shoes to flat screen TVs in real-world store locations. Our ability to deliver mobile coupons, product information & launches, discounts, and savings opportunities to consumers by marrying their location with retailers that are offering the best deals on products or services they are looking to buy is unparalleled." ACCREDITED BUSINESS CONSOLIDATORS CORP. (OTC: IOVE) "Up 5.00% in morning trading" Detailed Quote: http://www.otcpicks.com/quotes/IOVE.php Accredited Business Consolidators Corp., formerly known as the Italian Oven, is a diversified holding corporation. Visit www.accreditedbiz.com (under construction) for information on its affiliated companies. The total number of common shares outstanding is 436,399,500. 328,018,200 shares are in the public float and on hand with CEDE & Co., 70,546,600 shares are restricted in certificate form, and 37,834,700 shares are unrestricted but in certificate form. There will be no increase in shares until at least April 2010. IOVE News: November 19 - Accredited Suppliers Corp. Begins Operations in Central America Accredited Business Consolidators Corp. (trading as Italian Oven) (OTC: IOVE) announced that its subsidiary Accredited Suppliers Corp. began revenue producing operations. ASC's business involves wholesale distribution of automotive parts and printing supplies to businesses in Central America . ASC either imports the parts from North America or Asia or purchases them in bulk from importers already in Central America . After negotiating and coming to supplier agreements with several retailers of auto parts in Nicaragua and arranging a purchase relationship with Auto Car and I T S S.A. for parts that ASC may not have in immediate stock, the company began its operation and accepted its first shipment of inventory today. Accredited Suppliers will distribute the parts to stores over the next week. The Company began in Nicaragua as it maintains a storage office in the country and already has full time staff in place overseeing the Richwood Eco Ventures project. ASC hopes to expand to Costa Rica and Honduras in early 2010. By beginning operations before the end of the year, ASC can file a registration statement with the Securities and Exchange Commission in early January so that it may divest itself of the company by spinning it off, 1:1, to avoid commingling operations with IOVE's core businesses. This is necessary because most of ASC's business transactions will be in foreign currencies and the entity will be managed by officers located in Central America that are not officers of IOVE. Management for the subsidiary will be formally appointed within two weeks and IOVE will only control a director's position. Accredited Business Consolidators Corp., f/k/a the Italian Oven, is a diversified holding corporation. The total number of common shares outstanding is 436,399,500. 328,018,200 shares are in the public float, 70,546,600 shares are restricted in certificate form, and 37,834,700 shares are unrestricted but in certificate form. There will be no increase in common shares until at least April 2010. HEALTH DISCOVERY CORPORATION (OTCBB: HDVY) "Up 4.88% in morning trading" Detailed Quote: http://www.otcpicks.com/quotes/HDVY.php Savannah-based Health Discovery Corporation is uniquely positioned in the field of pattern recognition technology. Through the application of its patent protected technology, HDC is a leader in SVM-based molecular diagnostic and prognostic test development in genomics and proteomics, as well as, digital image analysis in pathology and radiology. The Company's SVM and FGM pattern recognition tools have significant application potential in other sizable commercial markets such as oil exploration, financial markets, Internet search and spam, homeland security, and other areas where analysis of large volumes of complex data is required. HDVY News: November 4 - Health Discovery Corporation Offers an Intra-Quarterly Update, Commentary on the Value of Prostate Cancer Screening and Invites the American Cancer Society to Act Immediately Due to the recent downward pressure on the price of Health Discovery Corporation's common stock (OTCBB: HDVY) after breaking through multiple 52-week highs in a few short weeks as it did in the past month, the Company has received numerous investor inquiries. Given these inquiries and in order to make Company information available on a uniform basis, the Company would like to provide an intra-quarterly update on its activities, to and including, but not limited to, the following since its most recent quarterly filing: * The Company's private placement Series B fund raising is going extremely well and the Company expects to close this round of financing in the next few weeks. These Series B shares are not common shares and are not registered with the Securities and Exchange Commission. We are pleased to announce that many of the participants in this Series B funding round are current shareholders of the Company. * The Company continues to make great progress on its urine-based prostate cancer test. As previously announced, HDC recently entered into royalty-bearing licenses for its new urine-based prostate cancer test with Quest Diagnostics Incorporated (NYSE: DGX) and Abbott Laboratories (NYSE: ABT) for development and commercialization. The Company also entered into royalty-bearing licenses for its tissue biopsy-based prostate cancer test with Abbott Laboratories (NYSE: ABT) and Clarient Inc. (Nasdaq: CLRT) for development and commercialization. * The Company's minority-owned subsidiary, Smart Personalized Medicine, LLC, has recently entered into a licensing agreement with a world-renowned international cancer center to develop a breast cancer prognostic test and, with the Company, are currently in discussions with a national clinical laboratory for development and commercialization of the test. * The Company is finalizing the image processing development on its PAP Smear interpretation test. The Company entered into a development and commercialization agreement with DCL Laboratories for this test as well as tests for ovarian and endometrial cancer. * Discussions are underway with an international diagnostics company regarding the development and commercialization of the Company's colon cancer molecular diagnostic test. * Since the recent press release on the status of the Company's IP portfolio on October 19, 2009, the United States Patent and Trademark Office has issued additional Notices of Allowance on two of HDC's patent applications covering the use of SVMs for analysis of spectral data. Spectral data are generated by instruments including mass spectrometers, which are widely used for detection of chemical properties of materials that can be analyzed based on their atomic or molecular weights, optical detectors, such as infrared telescopes and laser analyzers, audio signal analyzers, and medical testing systems, such as EEG and ECG analysis. Both patent applications cover the direct analysis of spectral data using SVMs, which represents a significant improvement over earlier methods that required identification and extraction of individual peaks in the spectra, which was frequently a manual operation, before any analysis could occur. "As a Company, we are focused on creating shareholder value and expect that from time to time shareholders will take some profits from their investment, especially when the company breaks through multiple 52-week highs in a few short weeks as we did in the past month," Dr. Barnhill said. "Additionally, we were proud to be recently listed by the Wall Street Journal Market Watch as a "Best Performing Stock" in the Biotechnology sector. "Over the past several months, the Company has taken prudent, definitive steps to strengthen its staffing, to bolster its investor relations/public relations capacity by hiring a New York City firm and to improve our capital structure," said Dr. Barnhill.
"I am very excited by our progress and feel that there has never been a more promising time in the Company's history than now," said Dr. Barnhill. Prostate Cancer Screening Remains Vitally Important There appears to be considerable confusion in the media regarding the American Cancer Society's position on the value of universal prostate cancer screening. The critical issue regarding the American Cancer Society's position on prostate cancer screening is not that screening, per se, is unwarranted but that the currently available PSA diagnostic test is inadequate for justifying mass screening for prostate cancer, and that a new, more accurate test is desperately needed. In other words, it is the test, not the testing, that is inadequate, wasteful, and in some cases, harmful, and given the availability of the "right" test, it would be unwise to abandon prostate cancer screening or even seriously consider doing so. U.S. & Global Market Opportunity for Health Discovery Corporation HDC receives, licensing and milestones fees as well as royalty payments on a per test basis upon the sale of patient tests, including HDC's prostate cancer tests. HDC's initial target market for prostate cancer is significant. For example, in the U.S. alone there are 25 million PSA tests (prostate specific antigen) performed annually. There are an additional 25 million PSA tests performed annually outside the U.S. The PSA test sells in U.S. national clinical laboratories for approximately $100 per test. The PSA test has come under increasing scrutiny due to its known limitations. HDC, with its partners, expects to provide an alternative to the PSA test in the U.S. and globally. According to Dr. Barnhill, "The future for cancer screening is indeed bright." In fact, it would be impossible to accomplish the nation's best visions for healthcare-reform without vastly increasing the numbers of patients being screened and the frequency of their early-detection screenings—as well as increasing the use of companion diagnostic tests to screen for those patients who are likely to respond favorably to an expensive or dangerous therapy, such as chemotherapy. HDVY Invites the American Cancer Society to Act Immediately Given the promising future of molecular diagnostic testing, and the increased accuracy of these tests, Health Discovery Corporation asks that the American Cancer Society immediately and strongly reassert its position that, at least, in the case of prostate cancer screening, the availability of a new and vastly superior screening diagnostic tool could be of immense public health benefit. If we focus on the science, as well as the economics, because, as it turns out both are in alignment here, we will jointly get to the right place after all, a place where the benefits of prostate cancer screening using a new, very powerful test far outweigh the risks and other costs. OTCPicks.com is located at 3533 Twin Lakes Drive , Prosper , TX 75078 , Telephone: (972) 546-3740, Email: Publisher@OTCPicks.com.This email address is being protected from spam bots, you need Javascript enabled to view it.
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