Fidelis Energy Inc. (Pinksheets: FDEI) reached up 181.69% in morning trading to $.02 with 12M shares traded. Fidelis Energy Inc. ("FDEI") is an energy company focused on developing, constructing and operating solar energy projects exclusively or in partnership with other energy companies. Fidelis is also in the development stage of designing solar photovoltaic (PV) cell technology products and plans to manufacture and distribute these products in the future. Fidelis owns a unique patent pending solar cell technology based on photovoltaic cells with integral light-transmitting wave guides in a ceramic sleeve. The advantage of this technology is the efficiency of less exposed surface area being required to generate electricity. The light-transmitting particles act as wave guides and allow the sun-exposed conversion area of the solar cell to be shifted readily from horizontal to vertical to capture more sunlight. The ceramic sleeve eliminates the need for expensive vacuum chambers, thereby allowing less expensive materials to be used in solar cell production. Fidelis Energy Inc. today announced that it has signed a Letter of Intent to develop approximately 1,500 acres of land for the design, construction and operation of up to a 100 MW solar park in Spain . It is anticipated that the project will generate up to $350 Million in revenue if fully completed. Solar Park Initiatives will partner with a Spanish developer to complete the project which is subject to permitting and financing approvals.
Tii Network Technologies, Inc. (Nasdaq:
TIII) reached up 26.24% in morning
trading to $1.78 with 280K shares traded. Tii Network Technologies, Inc.
headquartered in Edgewood, New York , designs, manufactures and sells
products to the service providers in the communications industry for use in
their networks. Their products are typically found in the Telco Central Office,
outdoors in the service providers' distribution network, at the interface where
the service providers' network connects to the users' network, and inside the
users' home or apartment, and are critical to the successful delivery of voice
and broadband communication services. Tii Network Technologies, Inc.
(Nasdaq:TIII - News) today reported results of operations for the three and
nine months ended September 30, 2010. Net sales for the three months ended
September 30, 2010 were $18,625,000 compared to $7,460,000 in the comparable
prior year period, an increase of $11,165,000 or 150%. Net sales for the nine
months ended September 30, 2010 were $36,713,000 compared to $19,703,000 in the
comparable prior year period, an increase of $17,010,000 or 86%. The sales
growth was primarily due to the sales from our newly acquired Copper Products
Division ("CPD"), which Tii acquired from Porta Systems Corp. in May
2010, increased sales to existing customers and sales to new customers from
market share gains made in the fourth quarter of last year. Sales from the
newly acquired CPD totaled $7,530,000 and $9,400,000 during the three and nine
months ended September 30, 2010, respectively, accounting for 67% and 55% of
the total sales increase for the three and nine month periods, respectively.
IDO Security, Inc. (OTCBB: IDOI) reached up 35.71% in morning trading to $.0019 with 90M shares traded. IDO Security designs, develops and markets the patented Magshoe™ weapons metal detection system. Magshoe™ fills a critical void in today's metal detectors by extending screening to the lower body and feet. Magshoe™'s "shoes-on" design maximizes security, thoroughness and accuracy while eliminating the need to remove shoes for increased convenience and safety. Ideal for security and loss prevention at virtually any facility, Magshoe™ is currently in use at international airports, cruise lines, government agencies, private homes and more. IDO Security, Inc. (OTC.BB:IDOI - News) today announced that the Company has supplied the first MagShoe™ order to the National Prison of Andorra through its agent in Spain and Portugal, Proselec Seguridad, S.A.U.
For a detailed quote on any of the
following companies, or to read the full news articles visit PennyTrader.com
About PennyTrader.com
PennyTrader.com
is a financial and investor relations website committed to covering the
microcap market space including Pink Sheets and OTC Bulletin Board and sub-$5
big board stocks. We strive to provide you with the best stocks alerts in the
market! We focus on OTCBB, OTC, penny stocks, sub-$5 big board stocks, and
timely stocks picks and alerts. Our goal is to inform you of the HOTTEST stocks
in the market before they move. Our staff has years experience in the stock
market, and we are confident that you’ll be impressed with the results of our
stock picks! If you wish to feature your organization on our website then you
can contact us at publisher@pennytrader.com.
Disclosure: PennyTrader.com is not currently being compensated for any stocks covered in this midday report
PennyTrader.com is not a registered investment advisers or broker/dealer. PennyTrader.com makes no recommendation that the purchase of securities of companies profiled in this press release is suitable or advisable for any person or that an investment such securities will be profitable. In general, given the nature of the micro cap companies covered and the potential lack of an active trading market their securities, investing in such securities is highly speculative and carries a high degree of risk. For our full disclaimer go to CLICK HERE
