SMTC Corporation (Nasdaq:SMTX) reached up 28.36% in morning trading to $2.58 with 180K shares traded. SMTC Corporation, founded in 1985, is a mid-size provider of end-to-end electronics manufacturing services (EMS) including PCBA production, systems integration and comprehensive testing services, enclosure fabrication, as well as product design, sustaining engineering and supply chain management services. SMTC facilities span a broad footprint in the United States, Canada, and Mexico, and a partnering relationship in China, with more than 1,500 full-time employees. SMTC services extend over the entire electronic product life cycle from the development and introduction of new products through to the growth, maturity and end-of-life phases. SMTC offers fully integrated contract manufacturing services with a distinctive approach to global original equipment manufacturers (OEMs) and emerging technology companies primarily within industrial, computing and communication market segments. SMTC Corporation (Nasdaq:SMTX - News) (TSX:SMX.TO - News) ("SMTC") yesterday announced 2011 third quarter unaudited results. • Announces third quarter results in line with guidance • Confirms guidance for approximately $69 million revenue, $4 million EBITDA, and $0.16 earnings per share ("EPS") for Q4 • Updates 2012 guidance from $13 million EBITDA on $240 million revenue to guidance range of $13-15 million EBITDA, $240-260 million revenue, and $0.47 - $0.59 EPS • Closes new banking facility with PNC in late Q3 • Completes acquisition of ZF Array in late Q3
California Grapes International, Inc. (PINK: GDHID) reached up 150% in morning trading to $.01 with 2.5M shares traded. California Grapes International, Inc. “CGI” has for the last few years been focused on developing various sales channels through direct to venue, retail partners and distribution channels. The key for “CGI” has been the extensive marketing and promotions campaigns that they have created and the export expertise specifically developed for the California Wine Industry. California Grapes International, Inc. (OTC: GDHI"D") yesterday announced that it has received approval from the Financial Industry Regulatory Authority (FINRA). The Corporate Action has been granted and the results of the New Corporate Structure are as follows: 1) A 1-10 Reverse Split 2) Name Change to “California Grapes International, Inc.” 3) Symbol Change to “CAGR” 4) Re-Domicile to the state of Nevada
Converted Organics Inc. (OTCBB:COIND) reached up 16.67% in morning trading to $.035 with 2.5M shares traded. Converted Organics' mission is to promote, develop and operate profitable innovative clean technologies that contribute to the improvement of our environment by use of sustainable business practices and the judicious use of natural resources. Converted Organics Inc. is currently composed of three primary lines of business at the intersection of Agriculture, Water and Waste Recycling. Each business contributes to our mission and uses sustainable business practices that protect and value the environment. The three lines of business are Organic Fertilizer, Vertical Farming, and Industrial Wastewater Treatment. Converted Organics Inc. (OTCBB:COIND) announced that Marshall Sterman has resigned from its board of directors.
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