QualityStocks.net would like to highlight Sola Resource Corp. (SOLAF) as "One To Watch". Sola Resource Corp. is an international diamond exploration company with projects in Canada and Brazil. The company announced a progress update on its Carolina kimberlite body on ground-based geophysical- and KIM-anomalies near Espigao d'Oeste in the State of Rondonia, NW Brazil. The company announced they have completed the drilling on 12 HQ diamond-drill holes which contain potentially mine able volumes of kimberlite.
Alternative Construction Technologies, Inc. (ACCY) closed today at $6.25 with a 52 week trading range of $3.50 to $8.25. Alternative Construction Technologies, Inc. this month announced an exclusive sales and marketing contract with Eco-$mart, Inc, which supplies energy efficient and environmentally friendly building materials and products used in all phases of construction. The deal with Eco-$mart, Inc. will bolster the sales of both companies by providing Alternative Construction Technologies with representation by 30 veteran environmentally conscious sales agents.
Citizens Republic Bancorp, Inc. (CRBC), previously at $14.40 up 4% at $14.99 with 778,475 shares traded, has a 52 week trading range of $13.00 to $28.06. Citizens Republic Bancorp, Inc. provides banking and financial services to individuals and businesses, announced in October that the company reported net income of $31.8 million, versus $21 million, the previous year. The company also reported that interest income, or profit from lending, rose to $94.9 million from $65.6 million. Non-interest income, or earnings from charges and fees, rose to $30.6 million from $23.5 million. The results were positive considering the recent downturn in the housing industry, as well as the anticipated decrease in new mortgage loans.
E*TRADE Financial Corporation (ETFC), previously at $3.55 up 40% at $5.00 with 236,377,920 shares traded, was highlighted by Investor Guide, The Street and Barchart. E-Trade Financial's stock started this week down 59% due in part to sub prime related woes, as well as the company report that shows its $3 billion portfolio of mortgage debt has lost more value than expected. Analysts with Citi Investment Research, estimated following Friday's filing there is a 15 percent likelihood e-Trade Financial will go bankrupt. BMO Capital Markets analyst Michael Vinciquerra in a research note early Tuesday said he thinks the prospect of bankruptcy is remote. The stock battled back today on news of an anticipated buy out from a larger lending institution, who would be eager to buy embattled online brokerage firm. Citigroup Inc., Wells Fargo & Co. and Bank of America Corp. have shown interest in expanding their financial reach into online stock brokerage.
This month QualityStocks.net highlighted My Vintage Baby, Inc. (MVBY) previously at $0.42 up 33% at $0.56 with 1,018,707 shares traded. My Vintage Baby, Inc. shares were boosted again today as the stock looks poised to make another run after the company announced late last month that the company generated nearly $700k in sales resulting from its efforts at the children's fashion markets for Dallas, TX, Atlanta, GA and New York. The Company reported preliminary 2008 spring sales growth was up 31% surpassing the spring sales for the 2007 spring collection, with orders for the 2008 collection still being submitted.
Material Technologies, Inc. (MTTG), previously at $0.42 up 30% at $0.55 with 8,940 shares traded, was highlighted today in The Bull Report, StockEgg.com, Shazam Stocks, OTC Picks, and Hot Stock Chat. Material Technologies, Inc. announced that the company has utilized its Electrochemical Fatigue Sensor (EFS) system, in the inspection of nine bridges throughout the State of Pennsylvania. This testing will document new cracks in the bridge allowing States to prioritize repair funds, which will be used to determine the best method to ensure bridge safety on older, but still heavily trafficked bridges.
Bidz.com, Inc. (BIDZ), previously at $14.60 up 21% at $17.80 with 2,037,182 shares traded, is a favorite of Lebed.Biz, and was also highlighted by Knobias and WallStreet Grand. Bidz.com, Inc. shares surged on 8/13/07 after Lebedbiz.com announced BIDZ as his new pick with a speculative rating of 2, his second highest level of confidence. LebedBiz.com stated on 8/13/07 "BIDZ is projected to do $180MM in revenues this year. BIDZ right now is only $8.45 with a market cap of $196MM. If you value BIDZ at 5X projected sales, this would be a $38.73 stock."
ZAP (ZAAP), previously at $0.92 up 14% at $1.05 with 1,324,435 shares traded, was highlighted by StockEgg.com, Stock Stars and AheadoftheBulls. ZAP which stands for "Zero Air Pollution," announced that the Dubai-based manufacturing and distribution company has invested US$5 million in ZAP shares. This type of institutional buying has typically been a positive sign for investors. The company also announced that United Parcel Service (UPS), has gone green just in time for the holiday season. UPS rolled out a small parcel delivery service this week in Northern California which will utilize 42 electric cars and trucks from ZAP.
QualityStocks.net would like to highlight and Welcome one of our newest clients, China Voice Holding Corporation (CHVC). China Voice Holding Corporation signed an agreement with China Netcom (CNC) of Guang Xi Province. CHVC ' s President and CEO Bill Burbank said, “ Our patented SKY O/A technology is propelling the Company to new heights within China. CNC pursued CandidSoft for their SKY O/A technology. CNC had been looking for a tested and proven product offering of this type for some time. SKY O/A, which currently has over 1 million licensed users, will be private-labeled under the CNC brand and enhanced service offering called 'ICT Business.' We believe that our innovative technology will help CNC to increase their margins as well as clearly separate them from their competition. ”
QualityStocks.net would like to welcome one of our newest clients, ECOtality (ETLY). ECOtality today announced this week that it has acquired Electric Transportation Engineering Corporation (eTec) and its affiliated companies for $6.25 million in cash and stock. eTec is a recognized leader in the research, development and testing of advanced transportation and energy systems. eTec also holds the exclusive patent rights to the eTec SuperCharge ™ a smart fast-charging system that extends battery life without the destructive effects of overcharging.
QualityStocks.net would like to highlight Intellegentias Inc. (ITLI). Intellegentias Inc. announced that Retentia, Inc., its data retention subsidiary, has entered into a strategic partnership with Empower Interactive FZE to market Retentia ' s Data Retention Suite to government intelligence agencies in North Africa and the Middle East. Retentia indicated that it is receiving numerous inquiries from government agencies and service providers in the region and that sales and marketing efforts are expected to commence immediately.
QualityStocks.net would like to highlight one of our newest clients, Reed's Inc. (REED). Reed's, Inc. announced that the Burke Distributing Corporation has agreed to distribute Reed's product line throughout the greater Boston Area The Company also recently acquired the top selling root beer line in natural foods, the Virgil's Root Beer product line and the top selling cola line in natural foods, the China Cola product line. Burke Distributing Corporation is a leading distributor of beers, ales and new age beverages to the greater Boston area.
QualityStocks.net would like to highlight Trimax Corporation (TMXO). Trimax Corporation announced today that Cybersonics Sound Technologies has been contracted by Sears Canada and Ikea to produce custom advertising content and in-store service announcements for broadcast on Cybersonics Mall Radio Network. Cybersonics delivers real-time web-based control of music and scheduling of custom branded advertising, information and promotional messages, to clients coast-to-coast.
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