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Flexpoint Sensor Systems Inc. (OTCBB: FLXT | Quote | Chart | News | PowerRating) Shares traded up 3.03% at $0.34
Flexpoint Sensor Systems, Inc., a development stage company, engages in the design, engineering, and manufacture of sensor technology and equipment using flexible potentiometer technology. Its Bend Sensor technology is a flexible potentiometer bend sensor product consisting of a coated substrate, such as plastic that changes electrical conductivity as it is bent. Flexpoint?s technology have applications in pedestrian detection sensor, medical bed, seat belt reminder, air bag applications, seat heater and seat belt reminder, flow control applications, and humidity sensor, as well as in industrial control systems, medical equipment and instrumentation, computer peripherals, automotive transmission equipment, commercial vending equipment, and other devices. The company was founded in 1992 and is based in Draper, Utah.
FLXT News Yesterday, Flexpoint Sensor Systemsrecently returned from Asia, where they met with several large tier 1 suppliers. The company sees significant progress on the development of new products within the automotive industry. "Flexpoint had several positive meetings with the potential of significant new products which will replace products currently in automobiles. We are the next generation of sensors with less moving parts and multiple applications. The cutbacks and general conditions of the automotive industry have demanded changes. Large investment by governments to subsidize the industry puts us at the forefront of technological change. New cars will need technologically advanced sensing devises that are less expensive, lighter weight, less complicated and more reliable while providing a greater depth of information. Flexpoint expects unveiling multiple products for this industry next year. The Company is continuing to develop relationships worldwide which will strengthen the potential for the Company to market its products. We will continue to update the marketplace on significant new developments in the near future," explained Clark Mower, president of Flexpoint.
Infinite Group Inc. (OTCBB: IMCI | Quote | Chart | News | PowerRating) Shares traded up 40% at $0.35
Infinite Group, Inc. provides information technology (IT) consulting and integration services to government and commercial clients in the United States. It engages in managing edge operations and implementing complex programs in advanced server management, server virtualization, wireless technology, human capital services, enterprise architecture, and earned value management. The company offers strategic staffing, program management, project management, IT infrastructure management, technical engineering, software development, and enterprise resource planning. It also develops TouchThru, a self-contained terminal enabling physical access control using biometric identification, as well as incorporates fingerprint matching technology. The company, formerly known as Infinite Machines Corp., was founded in 1986 and is headquartered in Pittsford, New York.
IMCI News Yesterday, Infinite Group announced that The Company has achieved status as a Registered Partner with Cisco. Acceptance into the Cisco program is a major accomplishment. IGI's acceptance was predicated largely on the companies synergistic practice areas that align with Cisco's tools and technologies. As a Registered Partner, IGI can expand into other areas of specialization offered by Cisco to further extend the Managed Services offered by IGI using Cisco technologies.
Eternal Technologies Group, Inc. (OTCBB: ETLTQ | Quote | Chart | News | PowerRating) Shares traded up 2.04% at $0.05
Eternal is a major agricultural genetics and biopharmaceutical R&D firm operating in China with the support of the Chinese Government. Eternal's animal breeding division has a strong asset base, cash position and net income. Eternal has become one of China's leading institutions for biopharmaceutical and biotech research, pure breed cultivation and breed stock production. The Company has secured a key market niche by commercializing gene engineering technologies and providing superior breeding stock, allowing China's citizens the ability to improve their living standards. With the world's largest population, a double-digit national growth rate and entry into the WTO, Eternal Technologies has a playing field set for tremendous opportunity. As a prominent player in the agricultural genetics industry, cash in the bank and an untapped market, Eternal has the potential to become a major player in China's national growth.
ETLT News Yesterday, Eternal Technologies Group announced that E-sea International is building Industrial Zone. Medical Equipment Manufacturing License which is owned by E-sea International is due on December 31, 2008. The company has submitted extension application to China FDA and also received unapproved notice from FDA of Guangdong province on November 23rd, 2008 because production location didn't meet the GMP requirement. In order to solve the problem, the company decided to purchase land to build "E-sea International Medical Equipment Industrial Zone" in Zhuzhou, Hunan province. They planned to purchase land at one time and develop it gradually. The initial plan is to satisfy self demand. The project fund comes from E-sea International and ETLT. Meanwhile, Bank of Zhuzhou also made proposal to finance this project. E-sea International is going to start project in the near future and its medical equipment producing and Research & Development department will move to ZhuZhou City of Hunan province.
New Green Technologies, Inc. (OTCBB: NGRN | Quote | Chart | News | PowerRating) Shares traded up 32% at $0.033
New Green Technologies, Inc. focuses on converting waste products into bio-fuel and gas using various technologies. Its technology, Catalytic Activated Vacuum Distillation system, converts waste products, such as ethanol waste, agricultural waste, carpet waste, algae, citrus waste, tobacco waste, and municipal waste into bio-fuel and gas. The company also owns a plasma arc to energy technology along with a patented technology using waste water, fluid, or gas flows to generate electricity. New Green Technologies, formerly known as Renewable
NGRN News Yesterday, New Green Technologies announces that The Company has received air permit approval to operate its 15 ton mobile waste to energy unit in Palm Harbor, Florida. The approval was received after examination of the unit and data was provided to the Florida Department of Environmental Protection. The permit allows the unit to be operated for numerous feed stocks at its current location. The CAVD technology under uses feed stocks including automobile shredder residue (ASR), carpet waste, citrus waste, tobacco waste, wood waste, agricultural wastes, and others to create oil and gas. The running of these different feed stocks will enable different measurements and planning for large scale plants to be built for the numerous feed stocks available. With the shown ability of the units to be secure from pollutants after extensive studies, the permitting process has shown itself to be easily accomplished for the numerous feed stocks. This will allow the use of such systems around the country, and to speed up the process of plant building projects around North America. Many of the feedstock types, such as ASR or wood wastes have no value and are land filled, but can create large amounts of oils, gasses and other useful substances.
Australian Canadian Oil Royalties, Ltd. (OTCBB: AUCAF | Quote | Chart | News | PowerRating) Shares traded down 29.29% at $0.07
Australian-Canadian Oil Royalties, Ltd. engages in the acquisition, exploration, development, production, and sale of oil and gas properties in Australia. Its properties are located in the Gippsland Basin of Victoria, Cooper/Eromanga Basin of South Australia, and Cooper/Eromanga Basin of Queensland. The company was founded in 1997 and is based in Cisco, Texas.
AUCAF News Yesterday, Australian-Canadian Oil Royalties announced that The Company has recently purchased an ORRI under VIC/P59 in the Gippsland Basin. The operator of VIC/P59 is Apache Energy Limited. Apache Energy is currently moving the rig to begin drilling the Madfish-1 exploration well in the offshore Gippsland Basin, targeting possible mean reserves of approximately 33.6 - 41.7 million barrels of oil. This well in VIC/P59 will be drilled by the Ocean Patriot semi-submersible drilling rig. The Madfish-1 well will be followed by the Elver-1 prospect that will target possible mean oil reserves of approximately 39.5-51.3MMbbl respectively. The Madfish-1 well is located in about 1279 feet of water and has a planned total depth of approximately 9,284 feet while the Elver-1 prospect has a planned total depth of approximately 10,334 feet.
Commerce National Bank (OTCBB: CNBF | Quote | Chart | News | PowerRating) Shares traded up 6.67% at $8.00
Commerce National Bank offers commercial banking services primarily to the business and professional community, and individuals in Orange County, California. Its deposit products include personal and business checking accounts, savings accounts, money market accounts, and time deposit accounts. The company offers loan products, such as small business administration loans; real estate loans, such as commercial real estate and construction loans; and consumer loans for automobiles, boats, recreation vehicles, home improvement, home equity, debt consolidation, and other personal needs. It also offers products, such as accounts receivable financing, inventory financing, equipment financing, real estate financing, and lines of credit. In addition, the company offers services, such as business credit cards, check imaging, online banking, bill pay services, automated teller machines, cashier's checks, traveler?s checks, foreign drafts, merchant card services, cash management services, courier services, and automated clearing house origination services, as well as equipment leasing services. It operates through its main office in Newport Beach and a branch office in Fullerton. Commerce National Bank was founded in 2003 and is headquartered in Newport Beach, California.
CNBF News Yesterday, Commerce National Bank announced that the Bank has obtained preliminary approval of its application for the United States Treasury Department to invest $5,000,000 in the company's preferred stock and warrants, as part of the government's much publicized Capital Purchase Plan. On a pro forma basis, this investment will increase Commerce National Bank's strong Tier 1 capital ratio of 12.69 percent up to an even stronger 14.66 percent.
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