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Gateway Energy Corporation (OTCBB: GNRG | Quote | Chart | News | PowerRating) Shares traded down 5% at $0.38
Gateway Energy Corporation owns and operates natural gas gathering, transportation, and distributions systems in Texas, Texas state waters, and in the federal waters of the Gulf of Mexico off the Texas and Louisiana coasts. It gathers offshore wellhead natural gas production and liquid hydrocarbons from producers, and then aggregates this production for processing and transportation to other pipelines. The company also transports gas through its mainline systems for non-affiliated shippers and through its distribution system, as well as makes sales of natural gas to industrial customers. Gateway Energy Corporation was founded in 1960 and is based in Houston, Texas.
GNRG News Yesterday, Gateway Energy announced that Jeffrey (Pete) Fisher has been hired to fill the position of Manager of Engineering and Operations. Prior to joining the Company, Mr. Fisher was the owner and President of Fisher Production Consulting where he worked with ConocoPhillips supervising the construction and maintenance of oil and gas production, treatment and pipeline facilities. His primary responsibility was to ensure that all construction, operations and well intervention work conformed to both OSHA (Occupational Safety and Health Administration) and Texas regulatory agencies standards. In this role Mr. Fisher supervised the construction of 26 production facilities and 32 pipeline systems. Mr. Fisher's experience also includes four years with Paloma Energy Consultants where he worked primarily in the Gulf of Mexico supervising the installation of compressor packages, pipelines, production facilities and production platforms. In total, Mr. Fisher brings 23 years of pipeline construction and maintenance to the Company.
Worlds.com Inc. (OTCBB: WDDD | Quote | Chart | News | PowerRating) Sharese stayed steady at $0.14
Worlds.com, Inc. designs and develops software content and related technologies for the creation of interactive, three-dimensional (3D) Internet Web sites on the World Wide Web. The company operates as a 3D entertainment portal that offers visitors a network of virtual, multi-user environments, which are called ?worlds? that visually engage online environments featuring animation, motion, and content where people can come together and, by navigating through the website, shop, interact with others, attend events, and be entertained. Worlds.com creates its own Internet sites, as well as sites available through third party on-line service providers. The company?s technology enables the development of virtual worlds, which have various applications, including a virtual meeting place, such as a fan club; a 3D e-commerce store where merchandise can be viewed in 3D and purchased online; and a virtual classroom where content can be viewed via video streaming and then discussed in real time. It also operates Worlds Ultimate 3D Chat, a proprietary online 3D Internet chat site for the music industry and its fans. The company is based in Brookline, Massachusetts.
WDDD News Yesterday, Worlds.com announced that it completed a private placement of its common equity which raised $481,000 at a purchase price of $ .30 per share. "Worlds raised these funds to continue our restructure and operations. Given the current market conditions we are pleased in the faith that our investors have placed in Worlds and our potential for the future" stated Thom Kidrin, CEO of Worlds.com.
Imaging Diagnostic Systems Inc. (OTCBB: IMDS | Quote | Chart | News | PowerRating) Shares traded down 2.94% at $0.033
Imaging Diagnostic Systems, Inc., a development stage medical technology company, engages in commercializing medical imaging equipment in the United States. Its principal product includes the computed tomography laser breast imaging system (CTLM) for detecting breast cancer. CTLM is an imaging modality offering the potential of molecular functional imaging, which could visualize the process of angiogenesis and might be used to distinguish between benign and malignant tissue. The company also offers Laser Imager for LAB ANIMALS, an optical helical micro-CT scanner targeted at pharmaceutical developers and researchers who monitor cancer growth and use multimodality small animal imaging in their clinical research. Imaging Diagnostic Systems, Inc. installed its CTLM system in Italy, Germany, Poland, the Czech Republic, the Peoples Republic of China, Malaysia, and the United Arab Emirates. The company was founded in 1993 and is headquartered in Plantation, Florida.
IMDS News Yesterday, Imaging Diagnostic Systems announced the issuance of its 21st US Patent entitled "Apparatus and Method for Acquiring Time-Resolved Measurements Utilizing Direct Digitization of the Temporal Point Spread Function of the Detected Light," dated November 4, 2008. This invention, conceived by Steven Ponder Ph.D./Director of Advanced Development and Robert Wake/Vice President of Engineering for Imaging Diagnostic Systems, covers a key technology for time-resolved optical imaging which improves the quality of the imaging data and decreases the time required to acquire the image data. This invention exploits a long-established trend in integrated circuit evolution to advance the acquisition of time-resolved image data for optical imaging of human and animal subjects.
Prolink Holdings Corp. (OTCBB: PLKH | Quote | Chart | News | PowerRating) Shares traded up 23.27% at $0.08
ProLink Holdings Corp., through its subsidiary, ProLink Solutions, LLC, engages in the design, manufacture, maintenance, and sale of global positioning satellite golf course management systems and software to golf course owners and operators worldwide. It offers electronic yardage and management information systems that utilizes global positioning satellites and provides yardage information for golfers. The company?s product lines include ProStar, ProStar (CPO), and GameStar. It also provides software support and maintenance services for its products. In addition, the company engages in the sale of advertising space on the screens of its systems, as well as involves in the brokerage of the financing of its systems and other capital equipment for its golf course partners. The company sells its systems directly to golf courses in North America through a network of sales representatives, as well as through distributors in rest of the world. ProLink Holdings Corp. is headquartered in Chandler, Arizona.
PLKH News Yesterday, ProLink Solutions announced it has been named "Official GPS System of The PGAs of Europe." The PGAs of Europe will promote the ProLink system to its 35 member country PGAs consisting of approximately 15,000 PGA Professionals and individual courses seeking ProLink GPS management systems. While enhancing the golfers' experience on course through its array of on-screen features, ProLink's management system helps course operators substantially improve revenues and manage expenses through its advanced technology. By maximizing fees, pace of play and tournament outings as well as boosting revenues via food-and-beverage, advertising and other functions the golf course partners can enjoy incremental net profits. With an installed base of more than 220 golf courses throughout Europe, an office in the United Kingdom and new distribution partners in Spain, Portugal and France, ProLink has dominated market share and support network in the continent's golf industry. Prestigious properties featuring ProLink include past Ryder Cup hosts the K Club (Ireland) and Valderrama (Spain), as well as the Four Seasons Golf Club Provence at Terre Blanche (France) and St. Mellion Golf Club (England).
Patient Safety Technologies Inc. (OTCBB: PSTX | Quote | Chart | News | PowerRating) Shares traded down 7.14% at $0.65
Patient Safety Technologies, Inc., through its subsidiary, SurgiCount Medical, Inc., engages in the research and development of products and services focused primarily in the health care and medical products field. It develops and manufactures patient safety products and services. The company offers Safety-Sponge System, which reduces the number of retained sponges and towels in patients during surgical procedures, and allows for counting of surgical sponges. This system consists of a handheld scanner/imager/computer and bar coded surgical dressings. Patient Safety Technologies markets and sells its products in the United States. The company, formerly known as Franklin Capital Corporation, was founded in 1959 and is headquartered in Temecula, California.
PSTX News Yesterday, Patient Safety Technologies announced record quarterly revenues for the quarter ended September 30, 2008. Revenues for the third quarter of 2008 were $880 thousand, an increase of 313% over the prior year third quarter revenues of $213 thousand. Gross profit for the third quarter of 2008 was $258 thousand, or 29% of revenues, an increase of 155% over the prior year third quarter gross profit of $101 thousand, or 47% of revenues. The gross margin decrease in the third quarter of 2008 was primarily attributable to an inventory write-down and higher proportional sales of lower margin hardware products. The Company believes the inventory write-down is one-time in nature, as it relates primarily to remaining Safety-Sponge(TM) inventory that did not include the Company's "Master Tag" product improvement. The higher proportional sales of lower margin hardware products results from the increased first time product adoptions by healthcare institutions.
Stinger Systems Inc. (OTCBB: STIY | Quote | Chart | News | PowerRating) Shares traded down 16.67% at $0.30
Stinger Systems, Inc. engages in producing and marketing less-than-lethal electro-stun products to law enforcement, correctional facilities, professional security, and military sectors. It manufactures electronic stun devices for the control of, and to provide temporary immobilization of, dangerous persons. The company?s products include Ice Shield, an electrified riot shield, which provides protection for police, corrections, and military personnel in hazardous crowd control situations; and Stinger S-200, a two-dart electronic immobilization device. It also offers Band-It/Remote Electronically Activated Control Technology System, an immobilizing electronic restraint that is used by local law enforcement agencies and federal agencies, including the Federal Bureau of Prisons and the U.S. Marshals. The company, formerly known as United Consulting Corporation, was founded in 1996 and is based in Tampa, Florida.
STIY News Yesterday, Stinger Systems announced that city of Ward, Arkansas' Police Department is outfitting its officers with Stinger's S-200 AT projectile stun gun. Sergeant Eric Sims from Ward, AR stated, "Based on our research we believe the Stinger S-200 AT is comparable to other EID products regarding immobilization while we consider it to be possibly safer. All the officer friendly features make the S-200 AT seem to be worth more. However, the S-200 AT costs much less and during times of budget crunches that is very important."
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