QualityStocks.net "Top Movers and Shakers" for 4/23/2008

Innofone.com Inc. (IMEN) closed today at $0.0029 up 141.61% from $0.0012 with 4,770,349 shares traded. Innofone.com Inc. in the past has been in the business of providing traditional telephone services with plans to offer in the future a range of low cost telecommunication services utilizing the Internet and wireless technology. Innofone.com recently entered into an agreement to acquired 100% of IPv6 Summit Inc. IPv6 Summit is the leading organizer of IPv6 events in the world. For its first two fiscal years the company was profitable.

Tripath Technology, Inc. (TRPH) closed today at $0.0065 up 550% from $0.001 with 7,710,387 shares traded. Etelos, Inc., a leading provider of SaaS for businesses of any size, today announced the closing of its reverse merger into Tripath Technology Inc.. Through this transaction, Etelos becomes a public reporting company. The Etelos executive team will maintain control of the new entity and has applied for a new stock symbol. “This is a significant step in the growth of our company,” said Jeffrey L. Garon, president and CEO. “We now feel we are positioned to execute on our vision of providing data ubiquity. This is accomplished through our SaaS model which includes a Platform as a Service (PaaS), a Marketplace for distribution and many cool Web apps for businesses and users alike."

Restore Medical Inc. (REST) closed today at $1.54 up 180% from $0.55 with 2,272,784 shares traded. Restore Medical Inc. stock nearly tripled in value Wednesday after Medtronic Inc. agreed to buy the medical device maker for about $29 million, or $1.60 per share. Restore, which is based in St. Paul, Minn., makes the Pillar Palatal Implant System, used to treat breathing disorders like sleep apnea. Medtronic said the purchase increases its array of ear, nose and throat products. Restore stock climbed $1 to $1.55, from Tuesday's closing price of 55 cents per share. The stock has fallen from a high of $2.86 to a low of 25 cents over the last year.

StemCells Inc. (STEM) closed today at $1.69 up 23.36% up from $1.37 with 1,950,233 shares traded. StemCells Inc. said Wednesday it was granted an exclusive U.S. patent covering human neural stem cells derived from all tissue sources, including embryonic, fetal, child or adult tissue. "We are confident that any third party wishing to commercialize neural stem cells as potential therapeutics or to use them as drug screening tools will have to seek a license from us irrespective of how they derive the cells," said Martin McGlynn, president and chief executive. "We have already granted licenses to several companies and are currently considering licensing others."

VitalCare Diabetes Treatment Centers, Inc. (VDTI) closed today at $0.53 up 22.09% up from $0.43 on huge volume with 4,424,570 shares traded. VitalCare Diabetes Treatment Centers, Inc. a Nevada Corporation, today announced the national launch for opening licensed diabetes treatment centers utilizing the micro-dose intravenous insulin pump technology together with proprietary algorithms and clinical protocols for providing Intercellular Activation Therapy (iCAT) for treating diabetes. The iCAT treatment is currently being administered at several clinics in Arizona, Nevada, Utah, Florida, Texas and Puerto Rico, to those who suffer from Type 1 and Type 2 Diabetes, in addition to secondary complications of Type 2 Diabetes including hypertension, peripheral vascular disease, retinopathy, heart disease, peripheral neuropathy, kidney disease, and diabetic wounds.

Rancher Energy Corp. (RNCH) closed today at $0.47 up 14.63% up from $0.41 with 779,791 shares traded. Rancher Energy Corp. today announced that the Company has entered into a new letter of intent with two experienced development partners for financing to support Rancher Energy's enhanced oil recovery program in Wyoming's Powder River Basin. Closing of the transaction, which is subject to regular company approvals, completion of due diligence, and certain conditions, is scheduled to occur on or before June 30, 2008. Under terms of the new proposed financing arrangements, in return for an $83.5 million investment, the partners will earn up to a 55% working interest in Rancher Energy's three fields in the Powder River Basin -- Big Muddy, Cole Creek South, and South Glenrock. Approximately $71 million will be used to fund CO2 operations, while approximately $12.5 million will be used to retire Rancher Energy's note to GasRock Capital.

QualityStocks.net would like to highlight Global Roaming, Inc. (GRDB) as "One to Watch". Global Roaming, Inc., announced that they have agreed with QualityStocks to be featured in The Small Cap QualityStocks Daily Newsletter, Daily Internet broadcast with Cathy Rankin, Vanessa Ramirez and Jenn Hoffman and QualityStocks Daily Blogs and Message Boards. Global Roaming, Inc., through its a subsidiary CelTrek which was specifically founded to provide new solutions for consumers who have experienced the high costs associated with international roaming charges. CelTrek brings over 60 years of combined experience in the cellular world, which it leverages through a number of key strategic alliances with the leaders in cellular industry, to offer their clients the ability to circumvent expensive roaming charges, through the utilization of CelTrek's Smart SIM card.

QualityStocks.net would like to highlight Rudy Beverage, Inc. (RUNU) as "One to Watch" previously at $0.59 up 5.08% at $0.62 with 39,405 shares traded. Rudy Beverages, Inc. continues to solidify the companies presence in the beverage industry, after announcing that Collins Brothers Inc., the largest seller of non-alcoholic products to liquor departments in America, solidifying Rudy Nutrition's presence in the beverage industry. The Collins Brothers influence in the marketplace should play a key role in boosting the exposure of the Rudy Beverage product line into the mainstream and should hit the shelves in Illinois, Michigan, Wisconsin, Missouri, Indiana, and Kentucky. Rudy Beverages, Inc. announced the company has expanded its product reach with the signing of an agreement with AVB Sales and Marketing, LLC. The AVB area of coverage includes Ohio, Indiana, West Virginia, Kentucky and Western Pennsylvania.

QualityStocks.net would like to highlight Quotemedia, Inc. (QMCI) previously at $0.15 up 33.33% at $0.20 with 17,600 shares traded. Quotemedia, Inc. announced financial results for the fiscal year ended December 31, 2007. These results reflect a 49% increase in year-over-year revenue, from $3,742,534 in 2006 to $5,569,107 in 2007. Quotemedia, Inc. recently announced a two-year agreement to provide streaming real-time portfolio management, and comprehensive financial market data and research information, to Zecco Trading, a wholly owned subsidiary of Zecco Holdings which powers one of the fastest growing online investing and trading communities.

QualityStocks.net would like to spotlight Hybrid Technologies, Inc. (HYBR). Hybrid Technologies, Inc. announced another successful Open House at their Research and Development Facility on Mooresville, North Carolina. Hybrid's 2008 Open House was attended by over 150 inquisitive guests where test drives were conducted by the company's latest in all-electric, lithium powered vehicles. State politicians, shareholders, media and the public alike were pleased with the company's progress, breadth of product lines and the vehicles' performance. Hybrid Technologies, Inc. shares were helped this week on news that Ernest C. Schlotter, a senior analyst with SISM Research and a StarMine four-star analyst, has initiated coverage on Hybrid Technologies, Inc. with a “Speculative Buy/4” Rating and a 12-month target price of $5.30.

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