Winston-Salem 1/22/2009 11:30:19 PM
News / Finance

SmallCapReview - Small Cap Stocks to Watch - ESYE, CMCO, DRYS, EEFT

Easy Energy (OTCBB: ESYE) Closed at $0.075. Today announced that it has completed the finalization of the design of its YoGen Max(TM), a compact foldable manpowered charger for laptop computers and other like-sized devices. 

The YoGen Max(TM) will enable Easy Energy to service the extremely large and growing market for chargers capable of handling portable electronic devices of 50-60 W, i.e. primarily laptop and notebook computers. The YoGen Max(TM) is designed to be conveniently foot operated. The user will be able to produce sufficient power to operate their laptop and charge its battery in an uninterrupted fashion, without detracting from their ability to simultaneously work on their computer, by pressing down on a springy, suspended, self-returning pedal.

When not in use, the YoGen Max(TM) folds up into a compact book-sized package. The breakthrough level of performance characteristic of the YoGen® line of manpowered chargers, which has made them a viable economical source of green alternative energy, is enabled by dramatically innovative advances in several aspects of both the device's mechanism which converts linear motion into rotary motion and the uniquely efficient alternator and electronic controller.


What They Do: Easy Energy is the sole owner of the YoGen® product suite of compact man-powered generators, which are designed to provide an innovative and effective solution to the currently underserved need of the almost limitless users of portable electronics devices for a power source that will ensure those devices' ability to operate in circumstances in which conventional recharging sources are unavailable.

How They Trade: ESYE has a 52 week high of $0.36 and a 52 week low of $0.02.

Columbus McKinnon Corporation (Nasdaq: CMCO) Closed at $11.72. Today announced financial results for its third quarter of fiscal 2009 that ended on December 28, 2008. Results include the Company's Pfaff-silberblau business which was acquired on October 1, 2008.

Net sales from continuing operations for the third quarter of fiscal 2009 were $165.1 million, up $18.9 million, or 12.9%, over the same period in the prior year. Fiscal 2009 third quarter net income, including discontinued operations, was $3.8 million or $0.20 per diluted share. Income from continuing operations, including some significant items, in the third quarter of fiscal 2009 was $4.5 million, down $5.6 million, or 55.7%, from $10.1 million in the third quarter of fiscal 2008. On a per diluted share basis, income from continuing operations was $0.24, a 54.7% decrease from $0.53 in last year's third quarter. Some significant items impacted the fiscal 2009 third quarter as follows, on a per diluted share basis:

What They Do: Columbus McKinnon is a leading worldwide designer, manufacturer and marketer of material handling products, systems and services, which efficiently and ergonomically move, lift, position or secure material.

How They Trade: CMCO has a 52 week high of $32.87 and a 52 week low of $8.84. 

DryShips (Nasdaq: DRYS) Closed at $14.50. Today announced two transactions to reduce its future financial commitments and improve its financial strength. These transactions include: (1) the disposal of three Capesize newbuildings, and (2) the cancellation of the acquisition of nine Capesize vessels (including five newbuildings) previously agreed to by the Company. These two transactions will reduce the Company's capital expenditure commitments by over $1.5 billion in initial transaction value. In addition, during this period of lower freight rates and an impaired credit market, the Company will suspend dividend payments on its common stock. Based on these transactions and policies, the Company expects to improve its balance sheet and enhance cash flow that will provide the Company greater financial flexibility in this challenging environment.

What They Do: DryShips Inc., based in Greece, is an owner and operator of drybulk carriers that operate worldwide.

How They Trade: DRYS has a 52 week high of $116.43 and a 52 week low of $11.70. 

Euronet Worldwide (Nasdaq: EEFT) Closed at $9.73. Today announced  an exclusive long-term prepaid distribution agreement with Vodafone Australia (“Vodafone”). Vodafone has appointed e-pay as its exclusive agent in Australia to distribute Vodafone Prepaid Recharge products through retail channels.

e-pay shares a long-standing partnership with Vodafone and the exclusive agreement further strengthens their commitment to offer retailers greater certainty and long-term reliability for the supply of Vodafone Prepaid Recharge products.

What They Do: Euronet Worldwide is an industry leader in processing secure electronic financial transactions. The Company offers payment and transaction processing solutions to financial institutions, mobile operators and retailers

How They Trade: EEFT has a 52 week high of $27.17 and a 52 week low of $6.87. 



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