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The Amacore Group, Inc., (OTCBB: ACGI | Quote | Chart | News | PowerRating) even on 2.7 million shares traded.
On Nov 13, 2008 The Amacore Group, Inc. one of the leaders in providing health-related membership benefit programs, insurance programs, and other innovative and high quality solutions to individuals, families and employer groups nationwide, announced that its new management team has set in place a smooth transition and is continuing to forge forward with its growth initiatives. The Company will be issuing press releases discussing the Company's progress and new products that expand Amacore's product portfolio in the next few weeks.
Jay Shafer, CEO of The Amacore Group, said, "I am very pleased with the progress that we have made since the management transition that took place in early September and we remain highly positive about the new business developments and opportunities that are increasingly available to the Company. In spite of the difficulties in the economy and the recent turmoil in the financial markets, Amacore Group's prospects for continuing growth remain strong. We believe this is directly attributable to the unique design of our system of distribution channels which were put in place, and implemented, specifically to accommodate and buffer against various changes in our economy and demographics."
The Amacore Group, Inc. one of the leaders in providing health-related membership benefit programs, insurance programs, and other innovative and high quality solutions to individuals, families and employer groups nationwide
Avantair, Inc. (OTCBB: AAIRW) up 7,900.0% on 1.1 million shares traded.
On Nov 12, 2008 Avantair, Inc. reported financial and operational results for the first quarter ended September 30, 2008.
"Our strong performance this quarter demonstrates continued penetration of the market for private jet travel and an ongoing focus on operational execution that culminated in the achievement of EBITDA profitability for September," stated Mr. Steven Santo, CEO of Avantair. "Recent marketing and advertising campaigns, coupled with a weakening economy, are highlighting Avantair's position as the lowest-cost and most fuel-efficient provider. This in turn generated significant interest, in the form of leads generated and fractional share sales, from customers of competing fractional share programs. Coupled with recent utilization improvements and lower fuel costs starting in September, Avantair is well positioned to further benefit from these trends." Avantair, the only publicly traded stand-alone fractional operator and the sole North American provider of fractional shares in the Piaggio Avanti P.180 aircraft, is headquartered in Clearwater, FL with approximately 400 employees. The Company offers private travel solutions for individuals and businesses traveling within its service area, which includes the continental United States, Canada, the Caribbean and Mexico, at a fraction of the cost of whole aircraft ownership. The Company currently manages a fleet of 50 aircraft, with another 59 Piaggio Avanti IIs on order through 2013.
3DIcon Corporation (OTCBB: TDCP | Quote | Chart | News | PowerRating) up 6.6% on 1 million shares traded.
On Nov 12, 2008 3DIcon Corporation announced that it has signed a licensing agreement with ARIA International Incorporated to license 3DIcon's CSpace(TM) three-dimensional imaging technology in select military and homeland security applications.
3DIcon recently announced an historic breakthrough in the development of 3D display technologies with the invention of a working prototype of its proprietary 3D display system CSpace. The CSpace display technology is capable of rendering high-resolution, 360-degree, three-dimensional images without any viewing aids. CSpace is the first system of its kind that has no mechanical moving parts and is also scalable.
Under the terms of the five-year agreement, ARIA International has made an initial licensing payment of $25,000. Royalties will be paid to 3DIcon for the display portion of any project related to: 1) container cargo and baggage scanning markets, and 2) related command-and-control applications revenues generated by ARIA International on behalf of 3DIcon. ARIA International has licensed the exclusive rights to CSpace in these specific applications.
The terms of the licensing agreement also allow ARIA International to develop or introduce 3DIcon's CSpace technology to various national laboratories for the purposes of either establishing Cooperative Research and Development Agreements (CRADA) or supporting any research agreements that are currently in place between ARIA International and the national labs.
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