Daily Small Cap Market News and Stock Highlights from SmallCapVoice.com

Investors are worrying that a three-month surge in stocks might be overdone.

Wall Street slid Monday following drops in Europe and Asia as a stronger dollar pushed commodity and materials prices lower. An index of manufacturing in New York indicated that demand weakened in June from May.

The market's drop comes as the Standard & Poor's index is up 39.9 percent since skidding to a 12-year low on March 9. That type of gains might ordinarily take years to assemble. The market's advance slowed last week as traders looked without much success for fresh signs the economy was strengthening.

The dollar rose against other most other major currencies following comments from Russia's finance minister. The stronger dollar drove oil prices down. A run-up in oil has helped lift energy and materials stocks in recent weeks.

In early trading, the Dow is down 153.80, or 1.8 percent, to 8,645.46. The broader Standard & Poor's 500 index fell 18.00, or 1.9 percent, to 928.21, and the Nasdaq composite index fell 34.53, or 1.9 percent, to 1,824.27.

Yesterday’s Top Performing Small Cap stock:

GWS Technologies, Inc.  (OTC BB: GWSC) was a SmallCapVoice.com top performer soaring up over 29% on trading volume of 456,617 shares.

Richard Reincke, President and CEO of GWS Technologies, Inc., Updates Shareholders on Recent Company Progress and News at SmallCapVoice.com

The new audio interview is now available and can be heard here at: http://smallcapvoice.com/blog/6-11-09-audio-interview-with-gws-technologies-inc-otcbb-gwsc/.

Today’s SmallCapVoice.com Hot Stock to Watch:

HearAtLast Holdings, Inc. (Pink Sheets: HRAL)

HearAtLast Holdings, Inc. announced that it has completed its final round of financing from a private Investor for USD$1.9M by issuing the Company's Series 'B' Preferred Shares at a stated value of $10.00 per share.

Furthermore, the Company also converted USD$2.0M of debt into equity by issuing its Convertible Preferred Series 'B' Shares at $10.00 per unit. The Series 'B' Preferred Shares also have attached 2 year warrants to purchase ten shares of Common Stock at $0.50 a share for every Series 'B' Share held. The Series 'B' shares do not have any voting rights. In total, HearAtLast has issued $3.9M in Series 'B' Preferred Shares at $10.00 per share or 390,000 Series 'B' Preferred Shares.

The infusion of cash in return for the Company's Series 'B' Preferred Shares enabled HearAtLast to obtain funding without further dilution or issuance of the Company's common stock. "Based on today's market value for our stock, we felt it was prudent to issue a special series of our Preferred Shares with a stated value of $10.00 per share rather than issue common shares at today's current price levels that would have drastically diluted our common stock," stated Matthew Sacco, President and CEO of HearAtLast Holdings, Inc.

The cash injection has been used to pay down its payables and develop our model of Hearing Stores within Select Wal-Mart stores. With the conversion of HearAtLast debt being recorded in the last quarter and the infusion of additional capital, HearAtLast will strengthen the Company's shareholder equity.

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About SmallCapVoice.com

SmallCapVoice.com is a recognized corporate investor relations firm, with clients nationwide.  Known for its ability to help emerging growth companies build a following among retail and institutional investors, SmallCapVoice.com utilizes its stock newsletter to feature its daily stock picks, audio interviews, as well as its client's financial news releases. SmallCapVoice.com also offers individual investors with all the tools they need to make informed decisions about the stocks they are interested in. Tools like our stock charts, stock alerts, and our investor fact sheets can assist with investing in stocks that are traded on the OTC BB and Pink Sheets.

Small Cap Voice SCV is an electronic publication, and is for informational purposes only. The stocks profiled by SCV are only company profiles and are not intended to be and should not be accepted by you as recommendations to buy or sell in these securities. These profiles are compiled from publicly available sources. Our sources include, but are not limited to, online research, company profiles, member suggestions, magazines, newspapers, analyst suggestions, broker recommendations, contact with the company, company rumors, press releases and other similar information sources. All profiles are based on information that is accessible by the public. Investing in stocks involves risk. SCV is not and does not hold itself out to be a registered broker or dealer or other licensed securities professional. You should consult a qualified, licensed financial advisor or stock broker before making any decisions to invest in the securities of any company that is described in these profiles.  For compensation and complete disclaimer click here.

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