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Brookside Technology Holdings Corp. (OTCBB: BKSD | Quote | Chart | News | PowerRating) Shares traded up 14.29% at $0.04
Brookside Technology Holdings Corp., through its subsidiaries, engages in designing, analyzing, implementing, and selling converged Voice over IP (VoIP), data, and wireless business communications systems and solutions for commercial and state/government organizations in the United States. It also designs infrastructure solutions and deploys the technology and provides knowledge transfer to users and system administrators, as well as offers on-going managed services. The company is headquartered in Austin, Texas.
BKSD News Yesterday, Brookside Technology announced financial results for the three months ended September 30, 2008, and provided a business update on the company. Michael Nole, Chairman and CEO of Brookside, commented, "We are pleased to report $5.7 million of revenue for the third quarter of 2008 as compared to $0.9 million in the same period last year. This 510% increase is attributable to sales initiatives put in place by management in 2008, as well as our acquisitions of US Voice & Data, LLC in September 2007 and Standard Tel Networks, LLC in September 2008. Since our inception, we have consistently achieved sequential revenue growth with revenues in the third quarter of 2008 representing an increase of 26.7% over the second quarter of 2008. Our gross margin was 43.9% for the third quarter compared to 40.1% for same quarter last year, due primarily to an improved product mix and our focus on higher margin sales. The improvement in our results further illustrates our ability to successfully identify and integrate accretive businesses. As a result of these acquisitions and other initiatives, we are now in a stronger financial position than at any other time in the Company's history, as evidenced by the fact that we achieved positive cash flow from operations during the nine months ended September 30, 2008."
Modavox, Inc. (OTCBB: MDVX | Quote | Chart | News | PowerRating) Shares traded up 4.55% at $1.61
Modavox, Inc., together with its subsidiaries, engages in the production and distribution of audio visual streaming products over the Internet in the United States. The company provides programming to various channels through its VoiceAmerica Network and World Talk Radio Network. It also offers BoomBox Radio Platform, a solution for Internet radio broadcast production, distribution, and advertising delivery that allows organizations to create, manage, and monetize Internet Radio content; and BoomBox Video, which is a solution for Internet television broadcast production, distribution, and advertising delivery that enables organizations to create, manage, and monetize Internet Television content. The company was founded in 1999 and is based in Phoenix, Arizona.
MDVX News Yesterday, Modavox announced that the Company has added Shelly J. Meyers to its board of directors. Shelly J. Meyers (MBA, CPA) comes to Modavox with over 20 years of financial and investment experience. She is Founder and President of Palisades Management LLC, a Registered Investor Advisor (RIA) that provides investment management services to high net worth individuals and institutions. The Firm also provides strategic advisory services to corporations pertaining to corporate finance and capital market activities. Prior to founding Palisades Management, Ms. Meyers served as Executive Vice President for Pacific Global Investment Management Company (PGIMC), where she played an integral role in launching PGIMC's high net worth management business, merging the separately managed account business of Meyers Capital Management (MCM) into PGIMC in mid-2003. While at PGIMC, the Firm's high net worth business grew from less than $1,000,000 to approximately $100,000,000. Ms. Meyers also managed the Pacific Advisor Funds' Multi-Cap Value Fund from inception (April 2002) to a five year record that beat the S&P 500 on an annualized basis, and which ranked the Fund in the top 10% in its five year Morningstar peer group.
nFinanSe (OTCBB: NFSE | Quote | Chart | News | PowerRating) Shares traded down 31.82% at $0.75
nFinanSe, Inc. provides stored value cards (SVC) in the United States. The company operates through two divisions, nFinanSe Card and nFinanSe Network. The nFinanSe Card division issues prepaid gift cards, reloadable general spend prepaid cards, payroll cards, and promotional/incentive cards. The nFinanSe Network division is a network of convenient load locations that offers its customers the ability to load additional cash on their reloadable SVCs. As of December 29, 2007, nFinanSe, Inc. had approximately 70,000 nFinanSe Network locations consisting primarily of Western Union and MoneyGram locations. The company markets directly to consumers through its distribution partners? network of retail locations. nFinanSe, Inc. was founded in 2000 and is based in Tampa, Florida.
NFSE News Yesterday, nFinanSe announced that the nFinanSe Discover Network Reloadable Prepaid Card is now available at all 521 Winn-Dixie grocery stores in the southeast. Consumers can purchase the Reloadable Card for only $5.95 and load funds at their discretion. No credit check or bank account is required. Consumers can use the Discover Network branded card to make purchases at millions of merchant locations nationwide - including online and over the telephone - and to access cash at ATMs. Plus, one of the cool tools available with an nFinanSe Card is the ability to receive an email or text message with purchase and balance information after each purchase. "We are very pleased to offer this dynamic new financial product to our customers," said Robin Lake Miller, Winn-Dixie's Director of Communications. "The nFinanSe Discover Network program provides shoppers with value and convenience by allowing them to reload their cards every time they visit their neighborhood Winn-Dixie, and to use them wherever Discover Network is accepted. This is just one more way for us to continue earning trust and loyalty in the communities we serve."
Sunrise Solar Corp. (OTCBB: SSLR | Quote | Chart | News | PowerRating) Shares traded up 17.07% at $0.48
Sunrise Solar Corporation intends to commercialize and distribute cutting edge alternative solar energy technologies and equipment. Sunrise also intends to capitalize on its institutional knowledge of emerging alternative energy technologies to develop comprehensive alternative energy plans. Sunrise Solar common stock is traded under the symbol SSLR.
SSLR News Yesterday, Sunrise Solar announced that its Director of Research and Technology, Dr. Jun Kim will spend the next several weeks in China and Korea meeting with strategic industry partners for Sunrise Solar's previously announced projects. SSLR will be establishing direct relationships with its suppliers and technology partners on this trip in order to deliver maximum profits to its shareholders. Building on well-established relationships from prior projects, Dr. Kim expects to bring strong value differentiation to SSLR through high-level relationships with Korean and Chinese manufacturers. This is a key value to the Company's growth. "As we grow our portfolio of solar projects, we see this mission as a major step toward delivering world-class solutions to our clients," notes Eddie Austin, Chairman and CEO of Sunrise Solar Corp. "To lead the solar industry, we must establish top-level relationships with leading manufacturers."
Power3 Medical Products, Inc. (OTCBB: PWRM | Quote | Chart | News | PowerRating) Shares traded up 6.25% at $0.017
Power3 Medical Products, Inc., a development stage company, engages in the early detection, monitoring, and targeting of diseases through the analysis of proteins. It focuses on disease diagnosis, protein and biomarker identification, and early detection indicators in the areas of cancers, such as breast, leukemia, bladder, stomach, and esophageal; and neurodegenerative diseases, such as Alzheimer?s and Parkinson?s disease. Power3 Medical Products has collaboration agreement with University of Thessaly School of Medicine focusing on the proteomic discovery of biomarkers for Parkinson?s disease; and with NeoGenomics, Inc. to form a joint venture contract research organization for the commercialization of the company?s portfolio of intellectual property. It also has collaboration agreements with the Princess Haya Biotechnology Center and Jordan University For Science & Technology. The company was founded in 1992 and is based in Woodlands, Texas.
PWRM News Yesterday, Power3 Medical Products announced that two CIP patent applications have been filed for BC-SeraPro Breast Cancer blood test and biomarkers by Dr. Ira Goldknopf, its president and Chief Scientific Officer. The applications for utility patents are entitled Identities, Specificities, and Use of Twenty Two (22) Differentially Expressed Protein Biomarkers for Blood Based Diagnosis of Breast Cancer, and Isoform Specificities of Blood Serum Proteins and their Use as Differentially Expressed Protein Biomarkers for Diagnosis of Breast Cancer. The applications are both Continuations in Part (CIP) of a U.S. utility patent application filed on December 7, 2006, involving 12 blood serum protein biomarkers. Dr. Goldknopf said "Power3 Medical's BC-SeraPro is the first blood serum test available for breast cancer, with an ongoing 100 patient validation study currently in progress."
MortgageBrokers.com Holdings, Inc. (OTCBB: MBKR | Quote | Chart | News | PowerRating) Shares traded down 18.75% at $0.13
MortageBrokers.com, recently voted Canada's # 1 Emerging Growth Company in PROFIT Magazine's "9th Annual Hot 50 List of Canada's Emerging Growth Companies" is dedicated to re-branding over 40,000 small and medium mortgage brokerage (SME) firms in North America while providing these entities scalability through a centralized shared services platform. MortgageBrokers.com is designed to facilitate continued ownership for these SME brokers while they work under the umbrella of one globally recognized brand. The Company provides centralized services in the areas of payroll and accounting, compliance, marketing, technology, HR and lead generation to afford its brokers improved access to potential customers through strategic alliances and partnerships. MortgageBrokers.com also provides its national team the opportunity to leverage origination with lending institutions, establish higher referral fees from lenders, and give its team members the ability to earn ownership in a publicly-traded entity with the goal of an eventual career exit strategy.
MBKR News Yesterday, MortgageBrokers.com announced record financial results for the third quarter of 2008. The Company recorded gross revenues of $5,420,443 for the 3rd quarter of 2008 which is an increase of 60% over 3rd quarter 2007 revenue. The third quarter performance also represents a sequential quarterly increase of 25% over the second quarter 2008 ($5.4 million vs. $4.0 million). While the Company reported a net loss of $562,510, approximately 92% of the loss was associated with non-cash, stock-based compensation charges, without which would have resulted in a near break-even 3rd quarter. "We are extremely pleased with our continued growth and the recognition afforded by Profit Magazine in their October issue as Canada's fastest growing emerging growth company." said Alex Haditaghi, CEO of Mortgagebrokers.com, "This demonstrates that our consolidation business model has traction under current economic conditions."
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