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

Stocks fell Thursday morning after a new report showed more job losses than expected in June.

Major stock indexes were down about 2 percent after the U.S. unemployment rate hit a 26-year high. European markets were also down following similarly disappointing data on unemployment in the 16 countries that use the euro currency.

Recession-weary employers in the U.S. cut 467,000 jobs in June, the Labor Department reported, far worse than the 363,000 that economists expected and a grim signal that the path to recovery will be bumpy.

The jobless rate, meanwhile, rose to 9.5 percent last month from 9.4 percent in May. Economists had predicted a rate of 9.6 percent.

In morning trading, the Dow Jones industrial average fell 162.26, or 1.9 percent, to 8,341.80. The Standard & Poor's 500 index declined 19.61, or 2.1 percent, to 903.72, while the Nasdaq composite index fell 42.71, or 2.3 percent, to 1,803.01.

Yesterday’s Top Performing Small Cap stock:

Green Star Alternative Energy, Inc., Inc. (Pink Sheets: GSAE) was a SmallCapVoice.com top performer closing up over 42% on trading volume of 28,769 shares.

Green Star Alternative Energy, Inc. announced that it has appointed Capital Partners d.o.o. to serve as its investor relations counsel.

The announcement was made by Mike Andric, the Company’s President, who is also founder and CEO of Notos, d.o.o.. Mr. Andric stated, “With Capital Partners, we are ensured of fitting representation that will increase awareness of the Company’s efforts." Mrs. Svetlana Krstic, co-owner of Capital Partners, said: “We believe that this is a long-term cooperative effort and Notos and Green Star will be a success story for the whole community in this region of Europe.”

Today’s SmallCapVoice.com Hot Stock to Watch:

Seamless Corporation  (OTC BB: SMWF)

Seamless Corporation subsidiary, Seamless Sales, has increased 18% in new accounts opened since the June 26th announcement to hold a new drawing to celebrate the new Memorandum of Understanding with Dr. Gadget.

"Seamless Sales 18% growth was greater then expected and we are now anticipating further dramatic growth as we continue our web marketing program to increase in traffic to the site along with our new drawing. Also, the new agreement with Dr. Gadget helps in creating awareness about the website. The increased traffic and signups has translated into increased sales," stated Al Reda, CEO of Seamless Corp.

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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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