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China Organic Agriculture, Inc. (OTCBB: CNOA | Quote | Chart | News | PowerRating) Shares traded down 5.54% at $0.51
China Organic Agriculture is an active seller and distributor of agricultural products in China. The Company's high-growth business plan is designed to enable it to capitalize effectively on China's burgeoning economy and expanding class of consumers with the ability to acquire upscale products. The Company has developed an extensive distribution network throughout many of China's major cities, including Beijing, Shanghai and Nanjing, and is positioned to leverage those networks to establish broad distribution of a number of agricultural, food and related premium products. The Company has experienced significant growth since its inception in 2002 and has implemented a number of strategic initiatives to expand sales and revenues.
CNOA News Friday, China Organic Agriculture announced the availability of its successful third quarter earnings conference call on InComm's voice replay system and on China Organic's website using VCall's webcast service. Playback of the voice recording will be available until November 27, 2008. To listen to the playback dial 877-660-6853 when calling within the United States, or 201-612-7415 when calling internationally and use replay account number: 321 and replay ID number: 302664.
MOBICOM Corporation (OTCBB: MBIC | Quote | Chart | News | PowerRating) Shares traded down 20% at $0.16
Mobicom Corporation provides marketing communications and interactive mobile marketing technology. The company develops interactive applications and services for the mobile telephone industry in South Korea. It provides mobile membership marketing services, customized data base services, data indexed services, and online marketing and promotional services. The company?s primary products and services consist of Integrated Mobile Membership services, Customized-Need Database service, and Data Index service. It provides its services to the mobile phone networks, brand owners, and end user consumers. Mobicom Corporation was formerly known as Advanced Interactive Mobile Marketing System, Inc. and changed its name to Mobicom Corporation in January, 2008. The company was founded in 1998 and is based in San Diego, California.
MBIC News Friday, MOBICOM announced that its Korean subsidiary, Mobicom Korea, has sold shares of its common stock representing a 50% ownership interest to FAS Alliances Inc., a Korean based investment company. Mobicom Corporation also announced an operating loss for the quarter ended September 30, 2008. FAS Alliances Inc. has invested $.8 million for a 50% interest in Mobicom Korea. In addition, FAS Alliances has committed to invest an additional $16.5 million in Mobicom Korea over the next sixteen months, subject to Mobicom Korea achieving revenue and net income targets for the years ending 2008 and 2009. FAS Alliances Inc. was founded by Mr. Ki-Young Sohn, a former Senior Director of PricewaterhouseCoopers Inc. and the founder of Alliance Technology in the United States.
People's Liberation, Inc. (OTCBB: PPLB | Quote | Chart | News | PowerRating) Shares traded up 15.79% at $0.22
People's Liberation, Inc. designs, markets, and sells casual apparel under the People's Liberation and William Rast brand names. Its clothing consists of premium denim, knits, wovens, and outerwear for men and women. The company also markets and sells J. Lindeberg branded apparel in the United States. People's Liberation sells its merchandise directly and through distributors to domestic department stores and boutiques in the United States and internationally. In addition, the company sells products through its Websites peoplesliberation.com and williamrast.com. People's Liberation is headquartered in Los Angeles, California.
PPLB News Friday, People's Liberation announced financial results for the third quarter ending September 30, 2008. Net sales for the three months ended September 30, 2008 advanced 76.1% compared to the three months ended September 30, 2007, to nearly $11.0 million, which included sales of J. Lindeberg branded apparel. "We are very pleased with the results of our fiscal third quarter, especially in the challenging environment that characterizes today's global economy," noted Colin Dyne, Chief Executive Officer of People's Liberation, Inc. "Our third quarter overall revenue growth was impressive at 76.1% year over year."
Microfluidics International Corporation (OTCBB: MFLU | Quote | Chart | News | PowerRating) Shares stayed even at $0.35
MFIC Corporation, through its wholly-owned subsidiary, Microfluidics Corporation, engages in the production and marketing of fluid materials processing systems. Its products are used for various fluid grinding, mixing, milling, and blending applications in chemical, pharmaceutical, cosmetic, and food processing industries. The company?s Microfluidizer fluid processor equipment processes premixed formulations to produce small, uniform structures, including nanostructures, microemulsions, and nanosuspensions. Its equipment is also used for cell disruption and for liposomal encapsulation of materials for the cosmetics and biotech/biopharma industries. The company sells its equipment through a network of independent manufacturers? representative firms in the United States, Central and South America, Mexico, and Canada; independent regional sales agents in Europe; distributors in Asia and the Pacific Rim; and directly through its sales staff. MFIC Corporation, formerly known as Microfluidics International Corporation, was founded in 1983 and is headquartered in Newton, Massachusetts.
MFLU News Friday, Microfluidics International will release third quarter 2008 financial results on Tuesday, November 18, 2008, before the opening of the U.S. financial markets. Michael C. Ferrara, President and Chief Executive Officer, and Brian E. LeClair, Executive Vice President and Chief Financial Officer, will host a conference call and live audio webcast at 8:30 AM Eastern Time on Tuesday, November 18, 2008 to review the financial results, including the Company's recent $5.0 million financing transaction, and to outline progress on key 2008 strategic initiatives.
Zynex, Inc. (OTCBB: ZYXI | Quote | Chart | News | PowerRating) Shares traded down 2.79% at $3.14
Zynex, Inc. engineers, manufactures, markets, and sells medical devices for the electrotherapy, and stroke and spinal cord injury rehabilitation markets primarily in the United States. It primarily offers electrotherapy products for pain relief and pain management; and NeuroMove for stroke and spinal cord injury rehabilitation. The company?s products are useful for patients suffering with impaired mobility from stroke and spinal cord injury, as well as for those suffering from debilitating and chronic pain. Its electrotherapy products include IF 8000, an interferential and muscle stimulation device; IF 8100, a fixed program version of the IF8000; TruWave, a dual channel transcutaneous electrical nerve stimulation (TENS) device; E-Wave, a dual channel neuromuscular electrical stimulation device (NMES); and NM 900, an EMG triggered electrical stimulation device. In addition, the company distributes Elpha 3000, a dual channel NMES device; Conti4000, an electrical stimulation device for incontinence treatment; ValuTENS and Elpha 1000 Dual Channel TENS Devices; DCHT, a cervical traction device; LHT, a lumbar traction device; and electrodes that are re-usable for delivery of electrical current to the body. Zynex markets its products through commissioned, independent sales representatives, as well as directly to end users through advertisements and articles in relevant publications and on the Internet. The company, formerly known as Zynex Medical Holdings, Inc., was founded in 1998 and is headquartered in Littleton, Colorado.
ZYXI News Friday, Zynex announced that it is extending the deadline for filing its Form 10-Q Report for the third quarter of 2008 until November 19, 2008. The primary reason is to determine the accounting treatment for, and effects of, an Anthem BlueCross BlueShield claim and to reflect such accounting in Zynex's financial statements. Zynex believes that it is close to a settlement with Anthem.
CirTran Corporation (OTCBB: CIRC | Quote | Chart | News | PowerRating) Shares traded up 14.29% at $0.004
CirTran Corporation operates as a contract manufacturer primarily in the United States and China. The company provides manufacturing services using surface mount technology, ball-grid array assembly, pin-through-hole, and custom injection molded cabling. Its services include premanufacturing, manufacturing, and postmanufacturing services, as well as other manufacturing services, including refurbishment and remanufacturing. The company engages in electronics assembly activities, which consist primarily of the placement and attachment of electronic and mechanical components on printed circuit boards and flexible cables; assembling sub-systems and systems incorporating printed circuit boards and electromechanical components that convert electrical energy to mechanical energy; and the provision of design and new product introduction services. The company, through its subsidiary, Racore Technology Corporation, also designs, manufactures, and distributes Ethernet technology products, including Ethernet cards that are used to connect computers through fiber optic networks, as well as produce private label, custom designed networking products and technologies on an electronics original equipment manufacturers (OEM) basis. In addition, it designs, engineers, manufactures, and supplies products in the electronics, consumer products, and general merchandise industries with as focus on fitness and exercise products, household and kitchen appliances, health and beauty aids, and electronics products. CirTran Corp. markets these products through a network of distributors, value-added resellers, and systems integrators. It offers its services to the electronics OEMs in the communications, networking, peripherals, gaming, law enforcement, consumer products, telecommunications, automotive, medical, and semiconductor industries. The company was founded in 1987 and is headquartered in West Valley City, Utah.
CIRC News Friday, CirTran reported operating results for the period ended September 30, 2008, showing sales growth in its energy drink beverage subsidiary. CirTran reported sales of $3,102,414 for the third quarter, a 12 percent decrease from the $3,533,555 reported for the same quarter in 2007. For the nine months ended September 30, 2008, CirTran's revenues were $10,202,998, an improvement of 17 percent over the $8,700,004 reported for the same period in 2007. CirTran also reported a net loss of $2,258,414 for the three months ended September 30, 2008, as compared to net income of $82,898 for the same period of the previous year. Included in the loss for the third quarter of 2008 was a derivative liability-related loss of $867,138, which compared to a gain of $198,648 included in operating results for the third quarter of 2007. For the first nine months of 2008, CirTran's net loss decreased 14 percent to $2,981,427, as compared to $3,463,510 for the comparable period in 2007.
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