Dallas 8/14/2012 10:30:29 PM
News / Finance

BFLX, GYST, VKNG are included in our Midday Stock Report

PennyTrader.com Presents Today’s Midday Stock Report: BFLX, GYST, VKNG

Bioflamex, Corp. (OTCQB: BFLX) reached up 57.14% in morning trading to $.011 with 2M shares traded. Bioflamex Corporation is a company focused on the development, production and marketing of its proprietary "clean tech" and advanced high performance fire prevention and -fighting products and systems. Ken Bland the CEO of Bioflamex, Corp. (BFLX) announced today the acquisition of Terra Asset Management, Inc. (or "TAM") a Delaware corporation based in BV Tulsa Oklahoma. TAM is a network asset management company with engineers and technicians specializing in multiple facets of the design, project management and buildout of wireless networks. TAM provides an array of services for some of the largest Telecommunication, Technology and Wireless companies in the US, including such companies as Alcatel-Lucent, SBA, Crowne Castle, and Verizon.

The Graystone Company (OTCQB: GYST) reached up 46.40% in morning trading to $.0183 with 8M shares traded. The Graystone Company, Inc. is a U.S.-based mining and exploration company focused on acquiring and developing gold and other mineral properties. The Company's strategy is to build value for shareholders by the identification, acquisition and exploration of early-stage properties that show significant potential for the discovery of gold. The Graystone Company (OTCQB: GYST) has received a number of questions regarding the short and long term expectations of Graystone. As such, the Company’s management has decided to issue a press release today to answer some of the questions.

Viking Systems, Inc. (OTCBB: VKNG) reached up 38.79% in morning trading to $.263 with 6M shares traded. Viking Systems, Inc. is a leading worldwide developer, manufacturer and marketer of 3D and 2D visualization solutions for complex minimally invasive surgery. It actively markets and sells the only stand alone, FDA cleared, cost-effective 3D system for use in minimally invasive laparoscopic surgery. Viking 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. Viking, through its OEM products business, also designs and manufactures surgical vision systems and components for several leading medical instrument companies worldwide. Viking Systems, Inc. (VKNG) today announced results for the quarter ended June 30, 2012. Sales were $2.2 million for the second quarter of 2012, a decrease of 11% compared with the $2.5 million of sales reported for second quarter of 2011; Second quarter sales included revenue from sales of ten of Viking's 3DHD Vision Systems, including eight systems for clinical use outside the USA and two distributor demonstration systems; Gross profit for the quarter was $433,000 or 20% of sales, an increase of 13% compared with gross profit of $385,000 or 15% of sales reported for second quarter of 2011; The net loss for the quarter was $890,000 or $0.01 per share, compared with a net loss of $860,000 or $0.01 per share in the second quarter of 2011.

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