GreenCell, Incorporated (OTCBB:GCLL) reached up 20% in morning trading to $.72 with 100K shares traded. GreenCell is engaged in a joint venture with SenCer Inc. to develop, commercialize and market SenCer's UltraTempTM ceramic composite materials for Home and Transportation applications. GreenCell has identified multiple industries with significant commercial applications with potential revolutionary results. Some of the many applications for this technology are SOFC Fuel Cells, Igniters, Braking, Oxygen Sensors, and Ceramic Heaters. GreenCell, Incorporated (OTCBB:GCLL.OB - News) today announced the development of an UltraTempTM-C based firing system for its line of igniters, sensors and fuel cells. The unique design provides for easy manufacture of sensors and igniters at temperatures beyond 1400C.
Patriot Scientific Corporation (OTCBB:PTSC) reached up 53.33% in morning trading to $.069 with 900K shares traded. Patriot Scientific Corporation provides data sharing and secure data solutions for a connected world. Patriot Scientific addresses the expanding market opportunities in the justice and public safety industries through its wholly owned subsidiary Patriot Data Solutions Group, Inc. These growth activities are funded with revenues generated, in a large part, from the Moore Microprocessor Patent™ Portfolio licensing partnership with The TPL Group. Patriot Scientific's integrated core intelligence solution addresses the critical data/information sharing needs of the healthcare industry, the Department of Homeland Security, the Department of Justice, and federal, state, and local public safety and law enforcement agencies. Patriot Scientific Corporation (OTCBB:PTSC.ob - News) and The TPL Group today announced that they have jointly reached an agreement to resolve and settle all claims and issues between them regarding their Joint Venture for the commercialization of the MMP Portfolio.
Trai Thien USA (PINK: TRTH) reached up 17.86% in morning trading to $.0165 with 4M shares traded. Trai Thien USA is a fast-growing Vietnam-based dry bulk shipping company operating a 21,990 DWT fleet comprised of six geared bulk vessels specialized in providing ocean transportation services for raw material input items such as coal, ore, grain, lumber, cement, steel and fertilizer throughout the Southeast Asia region. In order to meet anticipated continued growth in demand from an expanding base of overseas and domestic Vietnamese customers, as well as to expand the geographic regions that it can service to include potentially more profitable routes in East and South Asia, Trai Thien has made deposits to acquire six larger 7600 DWT capacity new-buildings, which depending on the company's ability to meet additional capital resource requirements, are expected to be delivered in 2012. Trai Thien USA (OTC Markets: TRTH) today discussed the company's second quarter 2011 financial results. Revenues for the quarter through June 30, 2011 increased seven percent as compared to the second quarter of 2010, with $3,829,013 in revenue as compared to $3,556,357 for the same period 2010. Revenues for the six-month period ended June 30, 2011 increased nineteen percent as compared to the same period last year, with $7,698,999 in revenues compared to $6,469,606 in 2010. The increase in revenues between 2010 and 2011 was mostly due to an improvement in the regional economic climate and an increase in the carrying capacity of the fleet.
Smith & Wesson Holding Corporation (NASDAQ: SWHC) reached up 9.09% in morning trading to $2.88 with 950K shares traded. Smith & Wesson Holding Corporation is a U.S.-based, global provider of products and services for safety, security, protection, and sport. The company delivers a broad portfolio of firearms and related training to the military, law enforcement, and sports markets, and designs and constructs facility perimeter security solutions for military and commercial applications. Smith & Wesson Holding Corporation companies include Smith & Wesson Corp., the globally recognized manufacturer of quality firearms; Smith & Wesson Security Solutions, Inc., a full-service perimeter security integrator, barrier manufacturer, and installer; and Thompson/Center Arms Company, Inc., a premier designer and manufacturer of premium hunting firearms. Smith & Wesson facilities are located in Massachusetts, Maine, and Tennessee. Smith & Wesson Holding Corporation (NASDAQ Global Select: SWHC) yesterday afternoon announced that the Company has made the decision to divest its perimeter security business in order to focus on its core firearm business. The Company is currently exploring strategic alternatives to accomplish the divestiture.
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