MedEx, Inc. (Pinksheets: MDXX) reached up 66.67% in morning trading to $.15 with 270K shares traded. Medex, Inc. is a development stage Nevada-based medical support services company, which plans to grow through acquisitions of medical supply companies, medical technology companies, and assisted living and care facilities worldwide. MedEx, Inc. (Pinksheets:MDXX - News) is pleased to announce that it has entered into a contract with Mobility Plus through its two wholly owned subsidiaries Bee Mobile, Inc. and Creative Rehab Technology Services, Inc. It is anticipated that this agreement will more than double the revenue of both Bee Mobile, Inc. and Creative Rehab. Through this agreement Creative Rehab is providing Mobility Plus with group three (3) (high-end rehab wheelchairs) and Bee Mobile will be providing servicing to additional commodity wheelchairs already in service with Medicare and Medi-Cal recipients. The combination of sales and service will increase sales by more than $250,000.00 per month.
Zoom Technologies, Inc. (NASDAQ: ZOOM) reached up 36.29% in morning trading to $5.22 with 2M shares traded. Zoom Technologies is a holding company with subsidiaries that engage in the manufacturing, research and development, and sale of electronic and telecommunication products for the latest generation mobile phones, wireless communication circuitry, and related software products. Zoom Technologies' subsidiary, Jiangsu Leimone, owns a majority stake of TCB Digital, which offers highly customized and high quality Electronic Manufacturing Service (EMS) for Original Equipment Manufacturer (OEM) customers as well as its Own Brand Manufacturing (OBM) under the Leimone brand name. The company's products are both exported and sold domestically. Zoom Technologies, Inc. (NASDAQ:ZOOM - News) today announced its guidance for the full year ending December 31, 2011. The Company expects a second record year of financial performance since listing on NASDAQ, highlighting a 30% growth in both revenue and net income from previously stated 2010 guidance, and a 100% increase in sales of the Company's proprietary brand ZOOM/Leimone mobile phones.
Cereplast, Inc. (NASDAQ:CERP) reached up 10.69% in morning trading to $4.24 with 58K shares traded. Cereplast, Inc. designs and manufactures proprietary bio-based, sustainable plastics which are used as substitutes for petroleum-based plastics in all major converting processes - such as injection molding, thermoforming, blow molding and extrusions - at a pricing structure that is competitive with petroleum-based plastics. Cereplast, Inc. (NASDAQ:CERP – News) announced today that it has secured $5 million in growth capital from Horizon Technology Finance Corporation (NASDAQ:HRZN - News) to support the Company’s exponential growth and expansion. The investment capital will be used for the purchase of additional raw materials and working capital needed to meet rapidly increasing global demand for Cereplast resin.
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