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BAB, Inc. (OTCBB: BABB | Quote | Chart | News | PowerRating) Shares traded down 5.80% at $0.65
BAB, Inc. operates, franchises, and licenses bagel, muffin, and coffee retail units under the Big Apple Bagels, My Favorite Muffin, and Brewster's Coffee trade names in the United States and the United Arab Emirates. Its franchised and company-owned stores feature daily baked bagels, flavored cream cheeses, premium coffees, gourmet bagel sandwiches, salads, soups, fruit smoothies, various dessert items, baked muffins, and other related products. As of November 30, 2007, the company had 126 franchised, 1 company-owned, and 2 licensed stores. BAB, Inc. was incorporated in 2000 and is based in Deerfield, Illinois.
BABB News Yesterday, BAB announced that its Board of Directors has declared a quarterly cash dividend of $0.02 per share, payable on January 2, 2009 to shareholders of record as of December 18, 2008.
Kodiak Energy Inc. (OTCBB: KDKN | Quote | Chart | News | PowerRating) Shares traded down 4.76% at $0.60
Kodiak Energy, Inc. is a Calgary, Alberta, Canada based publicly traded oil and gas exploration and development company focused on creating a portfolio of North American assets that offer production opportunities and asset growth through exploration. Kodiak has lease holdings in Montana, Alberta, British Columbia and high impact prospects located in the central Mackenzie River Valley of the Northwest Territories, Canada and in northeastern New Mexico.
KDKN News Yesterday, Kodiak Energy welcomes Steven Peter as Vice President, Exploration for the Corporation. Steven is a professional geologist with over 25 years of diversified experience in the Canadian oil and gas industry. For the past 10 years, he has worked for small to medium-sized companies including Koch Exploration Canada Corporation, Compton Petroleum Corporation, Infiniti Resources International and G2 Resources Inc. He graduated from McMaster University in 1982 with a Bachelor of Science Degree in Geology. Steven is a member of the Association of Professional Engineers, Geologists, and Geophysicists of Alberta (APEGGA) and the Canadian Society of Petroleum Geologists. Bill Tighe, President and CEO, said, "We welcome Steven to the Kodiak team. His broad range of geological expertise in the Western Canadian Sedimentary Basin and proven ability to find oil and gas is an asset to the company. Steven's capabilities will be instrumental in moving our key projects forward."
Valcent Products Inc. (OTCBB: VCTPF | Quote | Chart | News | PowerRating) Shares stayed steady at $0.28
Valcent Products Inc. develops highly innovative consumer and industrial products and processes for global markets. A pioneer and leader in ecotechnology with its core research and development in sustainable, renewable, and intense growth of agricultural products, all Valcent products and processes have patents or patents pending on integral technologies.
VCTPF News Yesterday, Valcent Products expects to complete construction of the first full scale commercial High Density Vertical Growing System project at its El Paso Research facility. Site preparation is complete and erection of the one eighth acre plant expects greenhouse containment structure is at an advanced stage. Valcent COO Forrest Ely has forecasted completion of the project to occur in mid - February, with the first harvest expected in mid-March. The High Density Vertical Growing System will now be known as "VertiCrop".
Favrille Inc. (OTCBB: FVRL | Quote | Chart | News | PowerRating) Shares stayed steady at $0.0339
Favrille, Inc., a biopharmaceutical company, engages in the development and commercialization of immunotherapies for the treatment of cancer and other diseases of the immune system. Its principal product candidate includes Specifid, a following rituxan induction therapy that is in phase III trial for the treatment of B-cell non-hodgkin?s lymphoma (NHL); a following rituxan induction therapy, which is in phase II trial for treating -naive or relapsed or refractory follicular B-cell NHL patients; a single therapeutic agent in relapsed or refractory NHL patients that is in phase II clinical trial; a following autologous stem cell transplantation therapy, which is in phase II clinical trial; a physician-sponsored phase II clinical trial product with maintenance rituxan for the treatment of indolent B-cell NHL; a phase II clinical trial product for patients with various forms of indolent B-cell NHL; and a phase II clinical trial product for patients, who have received prior therapy for their follicular B-cell NHL. The company?s other products include FAV-201, a t-cell receptor-based immunotherapy for previously treated patients that is in investigational new drug stage; and anti-CD20 antibodies, which are in preclinical development stage. Favrille was founded in 2000 and is based in San Diego, California.
FVRL News Yesterday, Favrille and MyMedicalRecords.com announced that two significant conditions required for the closing of their definitive merger agreement have been met. "We are pleased to announce that Favrille creditors holding more than 85% of the dollar value of all known creditor claims have entered into settlement agreements related to their claims," said John P. Longenecker, President and CEO of Favrille. "We believe this level of participation should allow us to achieve our objective of offering our creditors and stockholders the best available outcome by completing the merger with MMR." "We are pleased to announce that the merger won overwhelming support from MMR stockholders, with more than 90% of outstanding shares voting in favor of the merger." said Robert H. Lorsch, Chairman and CEO of MyMedicalRecords.com. "The audit of our financial statements is currently in process and we anticipate closing the transaction by year-end." The merger is subject to customary closing conditions, Favrille meeting certain minimum cash requirements as of closing and the completion of audited financial statements for MMR which will be available immediately after closing.
Competitive Companies Inc. (OTCBB: CCOP | Quote | Chart | News | PowerRating) Shares traded down 13.57% at $0.121
Competitive Companies, Inc., through its subsidiaries, provides telecommunications products and services in the United States. The company offers local telephone, domestic and international long distance telephone, and cable television services, as well as voice, data, and digital subscriber line Internet services primarily to the residents of apartment complexes, retail businesses, and residential users in California, Alabama, and Mississippi. It also provides toll-free or 800 service. Competitive Companies is headquartered in Riverside, California.
CCOP News Yesterday, Competitive Companies announced the appointment of Mr. William Gray as the Chief Operating Officer (COO) of the Company, including the responsibility for all operations and implementation of its rural wireless network based on the recent acquisition of ("40") carrier-grade microwave towers from Worldwide Communications, Inc. In addition, Mr. Gray has been nominated to the Board of Directors and will play a significant role in the Company's acquisitions and mergers.Mr. Gray brings a broad base of experience to the Company with more than 30 years of experience in the telecommunications Industry. Currently, Mr. Gray heads up Innovation Capital Management LLC, a Texas firm specializing in financing rural broadband services throughout America's low density rural communities utilizing proprietary application and propagation software. The Company's application software has been specifically designed to meet the stringent needs required by the Department of Agriculture's $2 Billion low cost Rural Utility Service (RUS) funding Program. Mr. Gray also brings extensive experience in wide area network design and development as the owner of DiscoverNet, Inc. located in Western Wisconsin.
mPhase Technologies, Inc. (OTCBB: XDSL | Quote | Chart | News | PowerRating) Shares traded up 7.41% at $0.0145
mPhase Technologies, Inc., a development company, specializes in microfluidics, microelectromechanical systems, and nanotechnology. The company, through its subsidiary, AlwaysReady, Inc., focuses on commercializing Smart NanoBattery, which provides power ?on command? for military and commercial applications. Its patented battery technology, based on the phenomenon of electrowetting, stores energy and manages power. The technology of Smart NanoBattery is a porous nanostructured material that could be designed for self-cleaning applications, water purification/desalination, liquid filtration/separation, and drug delivery. The company was founded in 1996 and is headquartered in Little Falls, New Jersey with additional offices in Norwalk, Connecticut; and New York, New York.
XDSL News Yesterday, mPhase Technologies is preparing to announce a critical partnership with a major industrial design company very shortly. The partnership will provide mPhase with a potential distribution channel for the AlwaysReady Emergency Flashlight. mPhase and the soon to be named partner will also collaborate on the flashlight design to ensure a functional casing with an attractive and sleek physical appearance. mPhase has been in negotiations since September with the soon to be named partner. In addition to the physical design of the product, the partnership will also aide the marketing and exposure of the AlwaysReady Emergency Flashlight. The partner company will utilize their established and respected worldwide branding to drive exposure and awareness of this unique product. In light of the partnership, mPhase expects that significant domestic and international sales will be realized very soon after the initial product offering. ''We are extremely pleased to be entering into a partnership with such a prestigious and respected company as we commercialize the mPhase lithium reserve battery,'' said mPhase CEO Ron Durando. ''We have reached a preliminary agreement and are excited to release more complete details once all the paperwork is filed.''
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