Our Stocks to Watch today include Kender Energy Inc. (OTC: KNDR), FutureWorld Energy Inc. (OTC: FWDG), Green Star Alternative Energy Inc. (OTC: GSAE), Sunergy Inc. (OTCBB: SNEY), Muscle Flex Inc. (OTC: MFLI), Manas Petroleum Corp. (OTCBB: MNAP), Medialink Worldwide Inc. (Nasdaq: MDLK), NYFIX Inc. (Nasdaq: NYFX), Cotton & Western Mining Inc. (OTC: CWRN), InternetArray Inc. (OTC: INAR) and SteelCloud Inc. (Nasdaq: SCLD).
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KENDER ENERGY INCORPORATED (OTC: KNDR)
"Up 6.23% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/KNDR.php
Company Profile: http://www.otcpicks.com/kender-energy.htm
Kender Energy Inc. is a development phase company active in the field of solar energy. Its present prototypes of solar panels are being developed into a full-scale solar energy production system. The particularity of the Kender solar panel system and technology is to allow, via a closed circuit of gas (usually helium), to create a heat exchange with the sunlight and the air from the environment. The exchange generates the spinning of the helium gas in the closed circuit, propelling a turbine, which produces electricity in a 100% clean and renewable process. The system's main advantages are that it is efficient, cheap in production, and modular. The company is based near
KNDR News:
August 27 - Kender Energy Making Headway With Distributors Globally
Kender Energy Inc. (OTC: KNDR) announced that it is making substantial progress with its distribution network globally.
According to the company's marketing plan, local and regional distributors will market the Kender Energy solar technology to their existing retailers and retail customer base. The company has received hundreds of applications and demands thus far and expects to sign several new distribution agreements shortly.
"We are really satisfied with the results of our distribution network thus far," said Sean Kelly, President and CEO of Kender Energy Inc. "The fastest and most efficient way to get our product to market is the use of the extended distribution network we are building and these partnerships will assure our success in the near and long-term," further added Mr. Kelly.
The potential distributors of the Kender Energy systems are actively using the feature for distributors at www.kendersolar.com/index.php/Map-of-Distributors.html.
FUTUREWORLD ENERGY INCORPORATED (OTC: FWDG)
"Up 63.50% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/FWDG.php
Company Profile: http://www.otcpicks.com/Newsletter/FWDG_eProfile_082709.html
FutureWorld Energy, Inc., a
FWDG News:
August 27 - FutureWorld Energy Announces Proposal to Acquire Position in Biomass Energy Sector
Company Seeks to Become Leading Provider of Biomass Technologies
FutureWorld Energy (OTC: FWDG), a vertically integrated "green" energy holding company, announced the expansion of its footprint into the global biomass industry by acquiring an interest in a world renown private research lab focused on renewable energy sources and biodiesel technology. Based in
"This move represents the second step in our strategic vision to move FutureWorld Energy into full operational status within the biofuels industry, and we are confident that, over time, our acquisition in the sector will deliver considerable value to our shareholders and employees," stated Sam Talari for FutureWorld.
"Our goal, since day one, was to find ways to reduce the causes of global warming and work towards solutions that will enable FutureWorld Energy to position ourselves as true pioneers in the area of biofuels and clean technologies. We believe that clean energy and water best represent those core areas, which need to be addressed on both a national and international level. We plan to attempt to work closer with the Obama Administration, Congress, non-profit groups, and the business community to help reduce
ABOUT BIODIESEL
Biodiesel is a clean and renewable energy source derived from vegetable oil that can be used in unmodified diesel engines. Biodiesel improves overall engine performance, is 100% compatible with existing diesel vehicles and infrastructure, and has proven reliable in over 50 million miles of road testing. Biodiesel significantly reduces harmful exhaust emissions, which contribute to global warming; is non-toxic at any level; and is the first and only fuel to have passed the Clean Air Act. The United Nations expects biofuels to account for a full 25% of world energy needs by 2025.
GREEN STAR ALTERNATIVE ENERGY INCORPORATED (OTC: GSAE)
"Up 13.08% in morning trading"
Detailed Quote: www.otcpicks.com/quotes/GSAE.php
Company Profile: http://www.otcpicks.com/Newsletter/GSAE_eProfile_091708.htm
Green Star Alternative Energy is an environmentally conscious, renewable energy producer. The Company is working to develop more than 300 MW (megawatts) of clean electricity through wind energy. The corporate revenue model is two-fold: the use of a renewable resource allows not only for the creation of environmentally friendly energy, but the granting of carbon (greenhouse gas) emission credits which may be traded and sold. Green Star is pursuing a significant opportunity to provide clean energy to the growing
GSAE News:
August 27 - A New Audio Interview with Mike Andric, CEO of Green Star Alternative Energy, Inc., is Now at SmallCapVoice.com
SmallCapVoice.com, Inc. announced that a new audio interview with Green Star Alternative Energy, Inc. (OTC: GSAE) is now available. The interview can be heard at http://smallcapvoice.com/blog/8-26-09-audio-interview-with-green-star-alternative-energy-inc-otcpk-gsae.
SUNERGY INCORPORATED (OTCBB: SNEY)
"Up 5.88% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/SNEY.php
Company Profile: http://www.otcpicks.com/sunergy-inc/sunergy-inc.htm
The Company is an aggressive junior mining exploration and development Company that is production oriented at the earliest possible profitable opportunity. We control 100% of the 150 SQ. Km. Nyinahin mining concession with a full prospecting license. The concession is surrounded by several operating mines and is adjacent to Newmont Mining's property. This concession has the Ofin river flowing through our eastern portion and there are numerous artisan pits ready for testing and evaluation for near term production. The Ofin river is known for good alluvial gold production. Artisans usually recover about 30% of the available gold through primitive hand methods, leaving 60-70% to be recovered by modern mechanical operations.
SNEY News:
August 13 - Sunergy Reports Update on Operations on Its 150 sq. km.
Sunergy Inc. (OTCBB: SNEY) (the "Company") reports the following update on the planning and preparation for operations on our 150 sq. km. Nyinahin mining concession, located in Ghana, West Africa. During Q'4 2009 we plan to test and evaluate the alluvial gold recovery potential along the
The
Karl Baum, Manager of West African Development, said, "Since this concession already has a full prospecting license, permitting is very straight forward and inexpensive. The artisan pits have no overburden and are considered high grade targets by the industry in
Company President Joseph Guerrero said: "This cornerstone project offers both immediate gold recovery opportunities through the numerous abandoned Artisan pits along the
MUSCLE FLEX INCORPORATED (OTC: MFLI)
Detailed Quote: http://www.otcpicks.com/quotes/MFLI.php
Company Profile: http://www.otcpicks.com/muscle-flex-inc.htm
Muscle Flex Inc. brings new products to market using direct response TV infomercials specializing in the health, fitness, wellness and hygiene sectors. As well, Muscle Flex Inc. develops and creates general television content for network and cable television distribution. Muscle Flex's corporate strategy is to develop new and innovative products for sale and distribution via its proprietary direct response marketing system and the creation of television media and shows for general network and cable broadcast.
MFLI News:
August 26 - Muscle Flex Inc. to Add a New Major Product Line in the Clothing and Garment Category
Muscle Flex Inc. (OTC: MFLI) announced that it is adding a major new product line in the clothing and garment category. Muscle Flex® is in advanced discussion with a garment and clothing manufacturer to co-brand / re-brand, market and develop an exclusive Muscle Flex line of sports and active wear to be marketed and distributed through a long form 30 minute direct response infomercial as well as through traditional retail.
The clothing and garment provider that Muscle Flex Inc. is in advanced discussions with provides a leading edge product that fits extremely well into the Muscle Flex direct response format and product mix. The Muscle Flex brand of active sports and athletic wear is intended to be one of the anchor brands to define and propel the entire Muscle Flex online shopping mall. Many peripherals and up-sell items are planned in conjunction with the Muscle Flex sports and active wear line.
"At Muscle Flex, we are looking to add product lines that blend with our overall TV, internet and traditional retailing strategy," commented Danny Alex, CEO and Founder of Muscle Flex Inc. and infomercial host. "The sports and active wear category is one that has not been done to any great degree on the 'As Seen on TV' format and it is products like these that Muscle Flex expects to attract significant market share and online consumers to its website."
The marketing and direct response strategy for the Muscle Flex sports and active wear line is in advanced development. Muscle Flex Inc. shall provide investors additional information on the sports and active wear line as it develops.
MANAS PETROLEUM CORPORATION (OTCBB: MNAP)
"Up 7.63% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/MNAP.php
Manas Petroleum Corporation engages in the acquisition and exploration of oil and gas properties in
MNAP News:
August 27 - Cohen Independent Research Group Issues a 'BUY' Rating with a $6.56 Target Price for Manas Petroleum Manas Petroleum
A new research report has been issued on Manas Petroleum (OTCBB: MNAP) by Cohen Independent Research Group, Wall Street's leading independent research firm, with a "BUY" recommendation and a $6.56 long-term price target.
To view the report, visit www.cohenresearch.com/reports/mnap_08-26-09.pdf.
MEDIALINK WORLDWIDE INCORPORATED (NASDAQ: MDLK)
"Up 108.95% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/MDLK.php
Medialink is a leader in providing unique news and marketing media strategies and solutions that enable corporations and organizations to inform and educate their target audiences with maximum impact on television, radio, and the Internet. Based in
MDLK News:
August 14 - Medialink Reports Second Quarter 2009 Results
Medialink Worldwide Incorporated (Nasdaq: MDLK), a leading provider of diversified media services for professional communicators and marketers, today reported financial results for the second quarter ended June 30, 2009.
Prior period results of operations and financial position have been reclassified to reflect Teletrax, the Company's digital video monitoring services segment, and Medialink UK Limited ("Medialink
Revenues for the three months ended June 30, 2009, of $3.6 million decreased by 26.7% from revenues of $4.8 million in the comparable 2008 period. This decrease is in line with previously announced expectations for the quarter.
The Company incurred an operating loss of $276,000 in the second quarter of 2009 as compared to an operating loss of $4.4 million in the comparable 2008 quarter. The operating loss in the second quarter of 2009 includes a benefit of $441,000 from the settlement of a previously accrued severance obligation on which no future payments will be made. The operating loss in the second quarter of 2008 includes a goodwill impairment charge of $3.4 million and severance charges totaling $196,000. Exclusive of these items, the operating loss before other charges and credits was $717,000 in the second quarter of 2009 as compared to a loss of $809,000 in the comparable 2008 quarter.
The Company recognized a gain of $294,000 on the extinguishment of its subordinated debentures in the second quarter of 2009.
The Company reported net income of $48,000 in the second quarter of 2009, or $0.01 per share, consisting of income from continuing operations of $37,000, or $0.01 per share, and income from discontinued operations of $11,000. Income from discontinued operations in the 2009 quarter relates entirely to Medialink
The Company reported a net loss of $8.1 million in the second quarter of 2008, or $1.25 per share, which consisted of a loss from continuing operations of $4.5 million, or $0.70 per share, and a loss from discontinued operations of $3.5 million, or $0.55 per share. The loss from discontinued operations in the 2008 quarter consisted of a loss from operations for Teletrax of approximately $2.6 million and a loss from operations for Medialink
"As we previously announced, we continue to move forward with the merger with The NewsMarket and filed our preliminary proxy statement with the SEC on July 28," said Kenneth Torosian, Chief Financial Officer of Medialink. "We filed an amendment to the preliminary proxy statement on August 13, 2009, and we anticipate filing and mailing a definitive proxy statement shortly."
Revenues for the six months ended June 30, 2009, of $6.7 million decreased by 30.6% from revenues of $9.7 million in the comparable 2008 period.
The Company reported an operating loss of $1.6 million in the first six months of 2009 as compared to an operating loss of $5.9 million in the comparable 2008 period. The operating loss in the first six months of 2009 includes a benefit of $441,000 from the settlement of a previously accrued severance obligation on which no future payments will be made and a charge for exit activities of $81,000. The operating loss in the first six months of 2008 includes a goodwill impairment charge of $3.4 million, severance charges totaling $196,000, and a charge for exit activities of $119,000. Exclusive of these items, the operating loss before other charges and credits was $1.9 million in the first six months of 2009 as compared to a loss of $2.1 million in the comparable 2008 period.
The Company reported a net loss of $1.4 million in the first six months of 2009, or $0.23 per share, consisting of a loss from continuing operations of $1.3 million, or $0.21 per share, and a loss from discontinued operations of $109,000, or $0.02 per share. The loss from discontinued operations in the 2009 period relates entirely to Medialink
The Company reported a net loss of $10.6 million in the first six months of 2008, or $1.65 per share, which consisted of a loss from continuing operations of $6.0 million, or $0.93 per share, and a loss from discontinued operations of $4.6 million, or $0.72 per share. The loss from discontinued operations in the 2008 period consisted of a loss from operations for Teletrax of approximately $3.4 million and a loss from operations for Medialink
As previously reported, on July 1, 2009, Medialink entered into an Agreement and Plan of Merger with The NewsMarket, Inc. Pursuant to the Merger Agreement, all issued and outstanding shares of Medialink's common stock will be cancelled and converted into the right to receive cash in the amount of $0.20 per share. Medialink filed a preliminary proxy statement related to the merger with the Securities and Exchange Commission on July 28, 2009, and filed an amendment to the preliminary proxy statement on August 13, 2009. The Merger Agreement is subject to stockholder approval and will be voted on at a Special Meeting that Medialink anticipates holding in September 2009. Medialink's board of directors has unanimously recommended a "for" vote approving the Merger Agreement. There can be no assurance that the merger will be consummated.
The Company had cash and working capital totaling $2.1 million and $880,000, respectively, at June 30, 2009. The Company expects to incur operating losses in 2009 as revenues continue to decline from the prior year in the current economic climate. The Company currently forecasts a decline in revenues in the third quarter of 2009 of approximately $1.0 million from the comparable quarter in 2008. If the merger is not consummated or the Company is unable to achieve sustained profitability, the Company will need to obtain additional financing or investment from third-party investors.
NYFIX INCORPORATED (NASDAQ: NYFX)
"Up 89.53% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/NYFX.php
A pioneer in electronic trading solutions, NYFIX continues to transform trading through innovation. The NYFIX Marketplace™ is a global community of trading counterparties utilizing innovative services that optimize the business of trading. NYFIX Millennium® provides the NYFIX Marketplace™ with new methods of accessing liquidity. NYFIX also provides value-added informational and analytical services and powerful tools for measuring execution quality. A trusted business partner to the buy-side and sell-side alike, NYFIX enables ultra low touch, low impact market access and end-to-end transaction processing.
NYFX News:
August 27 - NYSE Euronext to Acquire NYFIX
* Strategically complements NYSE Euronext’s commercial technology business
* Strengthens relationships by merging global trading communities
NYSE Euronext (NYX) announced that it has entered into a definitive agreement to acquire, through NYSE Technologies, Inc., its indirect, wholly-owned subsidiary, NYFIX, Inc. (Nasdaq: NYFX), a leading provider of innovative solutions that optimize trading efficiency, in an all-cash deal for $1.675 per share of common stock. The total value of the deal is approximately $144 million, including preferred stock consideration. The NYSE Euronext, NYSE Technologies and NYFIX Boards of Directors have approved the acquisition, which is subject to approval by NYFIX shareholders and customary regulatory approvals. The transaction is expected to close in the fourth quarter of 2009 and to be accretive to NYSE Euronext 2010 earnings, excluding one-time deal and restructuring costs.
Upon closing, the NYFIX FIX business, incorporating the company’s industry-leading FIX Software business and the NYFIX Marketplace, will become part of the offerings provided by NYSE Technologies, the commercial technology division of NYSE Euronext. The NYFIX Marketplace is one of the industry’s broadest and deepest FIX-based communities where more than 1,000 global trading counterparties connect to one another via more than 9,000 fully managed FIX-based messaging channels. The integration of both the FIX Software business and the NYFIX Marketplace complements NYSE Technologies’ comprehensive suite of commercial technology products. NYSE Euronext will explore various alternatives for the NYFIX Transactions Services business, including its Millennium® dark pool.
NYFIX CEO Howard Edelstein stated: “The agreement we have reached with NYSE Euronext represents substantial value for NYFIX shareholders. This is an all cash deal at a premium to the current market for NYFIX shares. NYFIX customers will also benefit greatly through the combination of two of the industry’s leading trading communities, creating a global transaction marketplace connecting buy-side and sell-side, as well as from the strength of the NYSE Euronext platform and global brand.”
“The NYFIX FIX Division complements our strategic corporate goals and technology business, and expands our points of connectivity with customer trading communities,” said Michael Geltzeiler, Executive Vice President and Chief Financial Officer, NYSE Euronext. “There are natural synergies and efficiencies that will be realized both in terms of costs and tax benefits and we believe this transaction will benefit our customers and shareholders.”
Stanley Young, Chief Executive Officer of NYSE Technologies and co-CIO, NYSE Euronext, added: “NYFIX is a natural extension of our connectivity business and fits nicely into our SFTI Integrated Partner Solutions, which currently enables hundreds of technology providers to offer value added products and services to participating firms. The synergies will be particularly apparent to the pre-trade buy- and sell-side communities, which will benefit from a broad combination of technology assets and connections for efficient end-to-end transaction processing. We look forward to welcoming the NYFIX community to NYSE Euronext.”
Once the acquisition is complete, the NYFIX business will report to Mr. Young. Bob Moitoso will continue to lead the NYFIX FIX business. Mr. Edelstein will stay on through the close of the transaction.
"I'd like to thank the members of our Board and the Special Committee that oversaw the process that culminated with this transaction for their hard work over many months, which ultimately produced a strong premium for NYFIX shareholders," said NYFIX Chairman Lon Gorman. "I'd also like to thank Howard Edelstein, who led a complete overhaul of the Company over the past three years that made this transaction possible.”
Citigroup is acting as financial advisor and Wachtell, Lipton, Rosen & Katz as legal advisor to NYSE Euronext on this transaction. NYFIX is represented by Evercore Partners as financial advisor and Wilmer Hale as legal advisor. The Special Committee was advised by Greenhill & Co., LLC as financial advisor and Covington & Burling LLP as legal counsel. Evercore Partners provided a fairness opinion to NYFIX's Board of Directors and Greenhill & Co. provided a fairness opinion to the Special Committee and to the Board.
COTTON & WESTERN MINING INCORPORATED (OTC: CWRN)
"Up 27.91% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/CWRN.php
Cotton & Western Mining, Inc. was founded in early 2005 as a Nevada Corporation by Robert L. Cotton, with a specific plan and goal in mind; that being, to operate a low cost and high profit junior "Iron Mineral Mining" company. Cotton & Western Mining's mission is to offer reliable, high-quality and cost effective raw materials to the steel manufacturing industry on a global scale.
CWRN News:
August 27 - Company
Cotton & Western Mining, Inc. (OTC: CWRN) announced that Management will be meeting with the Company's partners in the first week of September to review the mining plans for the Baja Pacific Iron Ore Mining Project. In addition, buyers will make a site visit and collect raw crude iron mineral samples for their independent chemical analysis; Average Fe (iron) content for Baja Pacific number 4 and 14 are above minimum contract specifications of 64.5% Fe. The Company will also be completing the Environmental permitting process in the month of September with expectations of opening the project for production within the next 90 days. In order to meet a late January shipping date, production at the Baja Pacific Iron Mining Project would need to be in place before the December holidays.
INTERNETARRAY INCORPORATED (OTC: INAR)
"Up 8.57% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/INAR.php
InternetArray, Inc. provides guidance and investment for innovative, early stage Internet companies. The Company's mission is to identify and develop collaborative business partners into viable and profitable companies.
INAR News:
August 26 - InternetArray Provides Update on EZCash4Gold.com Project
InternetArray, Inc. (OTC: INAR) is providing the following update on the development and launch for the online gold and precious metal buying project, EZCash4Gold.com:
Development of the EZCash4Gold website by the Noobis, Inc. development team is progressing. The website is designed as a leading-edge marketing and order-processing site that is utilizing the latest search engine optimization and development tools to create an appealing and efficient customer service system. A Beta version of the website is planned now for mid-October 2009.
Further, Precision Capital, LLC, a private equity firm and InernetArray's partner in the EZCash4Gold.Com project, has recently secured additional investment capital for ongoing operations, customer purchases and marketing.
Revenue will be generated through an established resale network and in appropriate instances through BidSellBuy.com, our online auction and shopping network of the gold and jewelry acquired.
InternetArray, Inc. provides guidance and investment for innovative, early stage Internet companies. The Company's mission is to identify and develop collaborative business partners into viable and profitable companies.
STEELCLOUD INCORPORATED (NASDAQ: SCLD)
"Up 7.29% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/SCLD.php
SteelCloud is a developer and manufacturer of compliance based technology solutions. The Company designs and manufactures specialized servers and appliances for federal integrators, software vendors and volume users. For both the government and commercial markets the Company delivers integration services and software focused on risk management and network management solutions. The Company's ISO 9001:2000 certified Quality Management System provides procedures for continuous quality improvement in all aspects of its business. Over its 20-year history, the Company has won numerous awards for technical excellence and customer satisfaction.
SCLD News:
August 11 - SteelCloud Showcasing SteelWorks
Event Is World's Largest Gathering Of Hosted Services Professionals
SteelCloud, Inc. (Nasdaq: SCLD), a leading integrator of mobility computing appliance solutions, today announced that it is showcasing SteelWorks Mobile, its appliance for BlackBerry® Enterprise Servers at HostingCon 2009 in Washington DC, August 10-12 at the Gaylord National Resort and Convention Center.
SteelWorks
"We are delighted to be showcasing SteelWorks Mobile at HostingCon 2009, the world's largest gathering of hosted services professionals," said Brian Hajost, SteelCloud's President and CEO. "This specialized venue is a great opportunity for the hosting service community to capitalize on SteelCloud's innovative new Hosted BlackBerry Enterprise Server appliance. We'll be communicating our compelling message of reduced cost, increased reliability and rapid deployment for hosting partners in this market."
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