New book by Larry Connors Click here Improve your trading - See how
Visit: http://www.stockguru.com to register for our daily Stocks to Watch and Trade Alerts.
Skinny Nutritional Corp. (OTCBB: SKNY | Quote | Chart | News | PowerRating) Shares traded down 4.22% at $0.0795
Skinny Nutritional Corp. develops, markets, and distributes consumer beverage products. It offers a line of bottled waters and dietary supplements under the "Skinny" brand. The company manufactures, markets, and distributes Skinny Water, a dietary supplement beverage designed to assist consumers in their weight loss efforts under a worldwide license agreement with Peace Mountain Natural Beverages Corporation. Its other Skinny beverages include Skinny Water, Diet Water, Skinny Java, Skinny Tea, Skinny Juice, and Skinny Shakes. Skinny Nutritional Corp. has an agreement with InterHealth Nutraceuticals Incorporated to sell, market, distribute, and package Super CitriMax, the active ingredient in Skinny Water. The company, formerly known as Creative Enterprises International, Inc., was founded in 1984 and is based in Bala Cynwyd, Pennsylvania.
SKNY News Yesterday, Skinny Nutritional announced six new distribution agreements in New England, including the Boston Metropolitan market. These agreements also provide broad coverage of the New England states, opening 8,600 new distribution points, including 7-Eleven, Stop & Shop, Cumberland Farms that will increase the Company's total number of distribution points to over 35,000.
Wits Basin Precious Minerals Inc. (OTCBB: WITM | Quote | Chart | News | PowerRating) Shares traded down 4.41% at $0.065
Wits Basin is a minerals exploration and development company holding interests in three exploration projects and currently does not claim to have any mineral reserves on any project.
WITM News Yesterday, Wits Basin Precious Minerals announced that China Global Mining Resources (BVI) Limited (CGMR), has entered into and funded two escrow arrangements in the People's Republic of China in connection with the acquisition of Xiaonanshan Mining Co., Ltd. CGMR is a 50/50 joint venture entity formed with London Mining Plc for the purposes of acquiring three iron ore mining companies in the PRC: Xiaonanshan Mining, Nanjing Sudan Mining Co., Ltd., and Maanshan Zhaoyuan Mining Co., Ltd. The parties expect the funding of two escrow accounts associated with the Nanjing Sudan Mining Co. acquisition to take place later this week. The parties intend to complete the acquisition of Maanshan Zhaoyuan Mining Co. at a later date.
Sunrise Solar Corporation (OTCBB: SSLR | Quote | Chart | News | PowerRating) Shares traded down 17.50% at $0.66
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.
SSLR News Yesterday, Sunrise Solar announced that its management team will be visiting Brazil next week for site visits to projects announced in Brazil. In addition, meetings are expected with South American funding partners. The Company will be making on site assessments and working to finalize major projects in Brazil on this trip. "Brazil is one of the most energy independent countries in the world," noted Eddie Austin, Chairman and CEO of Sunrise Solar Corp. "We are excited about the willingness of institutions in Brazil to increase their energy efficiency through the installation of solar power." "We plan to expand our presence in Brazil due to its role as a world leader in alternative energy," concluded Austin.
Trimedyne, Inc. (OTCBB: TMED | Quote | Chart | News | PowerRating) Shares stayed steady at $0.17
Trimedyne, Inc. develops, manufactures, and markets Holmium cold pulsed lasers, as well as various disposable and reusable fiber optic laser energy delivery devices primarily in the United States. The company also offers tools for minimally invasive spinal surgery / endoscopic laser discectomy. In addition, Trimedyne engages in the rental of lasers, along with the services of a trained operator to hospitals, surgery centers, group practices, and individual physicians, as well as provides applicable fibers, needles, or tips, on a "fee per case" basis. The company's products are used in various surgical applications, such as orthopedics; urology, ear, nose, and throat surgery; gynecology; gastrointestinal surgery; general surgery; and other medical specialties. Trimedyne sells its products through sales representatives domestically and through independent distributors internationally. It also operates in Asia, Europe, Latin America, the Middle East, and Australia. Trimedyne was founded in 1980 and is based in Lake Forest, California.
TMED News Yesterday, Trimedyne reported its audited financial results for the quarter and fiscal year ended September 30, 2008. Trimedyne had a loss of $1,590,000 or $0.09 per share on revenues of $5,871,000 for its fiscal year ended September 30, 2008, compared to a loss of $324,000 or $0.02 per share on revenues of $5,470,000 for the prior year. The loss in the current year was due primarily to an increase in R & D expenses of $91,000 in the development of its new Side Firing Laser Fiber, a decrease in royalty revenues of $113,000, an adjustment to reserve obsolete and slow moving inventory of $127,000, a decrease in Other Income of $129,000, an increase in SG&A expenses of $327,000 and lower margins on sales due to increasing cost of raw materials. Trimedyne reported a loss of $336,000 or $0.02 per share on revenues of $1,781,000 for the quarter ended September 30, 2008, compared to a loss of $162,000 or $0.01 per share on revenues of $1,380,000 for the prior year quarter. The loss was primarily the result of a write-off of slow moving inventory of $127,000, a decrease in royalty revenues of $73,000, a decrease in Other Income of $27,000, an increase in SG&A expenses of $145,000 and lower margins on sales due to increasing cost of raw materials. Marvin P. Loeb, Sc.D., Chairman of Trimedyne, said, "We are sorry we had a loss in the current quarter. However, in the immediately preceding quarter ended June 30, 2008, we had revenues of only $1,385,000 compared to revenues of $1,781,000 for the current quarter, an increase of 28.6%, and our loss in the immediately preceding quarter was $585,000, compared to a loss of $336,000 for the current quarter, of which $127,000 was a write-off of slow moving inventory."
South Shore Resources Inc. (OTCBB: SSHO | Quote | Chart | News | PowerRating) Shares traded up 7.14% at $0.30
South Shore Resources Inc. is a company engaged in the manufacturing, marketing, sales and distribution of products which are committed to fuel savings with the use of Hydrogen Generating Modules and related accessories to the transportation and automotive manufacturing industries which are either in development and/or the commercialization stages.
SSHO News Yesterday, South Shore Resources completed both the construction and initial testing of the Stainless Steel master mold and related electronics for its HyPro 1 series of hydrogen generating modules for the transportation and automotive manufacturing industries.
Sunwin International Neutraceuticals, Inc. (OTCBB: SUWN | Quote | Chart | News | PowerRating) Shares traded down 6.06% at $0.31
Sunwin International Neutraceuticals, Inc. engages in the areas of essential traditional Chinese medicine, zero calorie natural sweeteners (stevia), and veterinary medicines and feeds prepared from 100 percent organic herbal ingredients. As an industry leader in agricultural processing, Sunwin has built an integrated global firm with the sourcing and production capabilities to meet the needs of consumers throughout the world. Sunwin also makes such value-added products as specialty veterinary food ingredients and specialty feed ingredients.
SUWN News Yesterday, Sunwin announced that it is actively seeking Generally Recognized as Safe (GRAS) status from the U.S. Food and Drug Administration (FDA) for its high grade Stevia Rebaudioside A extracts, including their Rebaudioside A 95% extract, commonly known as "Reb A 95." GRAS Associates, LLC, a leading consultant for the food industry founded by two former senior scientists at FDA's GRAS Review Branch, has been retained to convene an Expert Panel of food safety scientists to undertake a GRAS assessment for Sunwin. The independent GRAS assessment is intended to ensure that FDA's food ingredient safety standard is met. The GRAS designation process involves an extensive review of published research and toxicology studies as well as international standards for the safe use of stevia in food and beverages, and a review of Sunwin's specific stevia extracts. According to Dr. Robert McQuate, GRAS Associates CEO and Co-Founder, "Recent advances in production of high purity sweeteners derived from stevia are quite impressive. Such compositional refinement, in concert with the expanded body of toxicology studies on the natural sweetener, will be carefully considered by our Expert Panel during its deliberations on the potential GRAS status of Sunwin's stevia extracts."
About StockGuru.com:
StockGuru.com is an investment information web site for smallcap and over-the-counter bulletin board stocks. StockGuru features daily email alerts to members, company profiles, audio interviews of CEO's or other key executives, and company news. Company and financial reports are authored by business analysts. To join our email alert list, please visit: http://www.stockguru.com/index.php?option=com_content&view=article&id=31&Itemid=5
About ShareholderVision.com:
Occasionally companies mentioned are also featured at ShareholderVision.com. This innovative web site featuring company videos of corporate executives and key personnel. All videos are shot in high-definition format and are edited for content purposes.
To feature your publicly traded company in our alerts, or to discuss our complete services, please contact: John Pentony at (469) 252-3031, or you email us at email: john@stockguru.com and we will gladly send you more information on featuring your company with StockGuru.com
Stockguru.com ("SG") provides its members with the latest news, press releases, and research reports for all the companies highlighted on the site. SG utilizes information believed to be reliable herein prepared all material. The information contained herein is not guaranteed by SG to be accurate, and should not be considered to be all-inclusive. The owner, publisher, editor and their associates are not responsible for errors and omissions. They may from time to time have a position in the securities mentioned herein and may increase or decrease such positions without notice. Any opinions expressed are subject to change without notice. SG encourages readers and investors to supplement the information in these reports with independent research and other professional advice. All information on featured companies is provided by the companies profiled, or is available from public sources and SG makes no representations, warranties or guarantees as to the accuracy or completeness of the disclosure by the profiled companies or the information contained herein. The companies that are discussed in this opinion have not approved the statements made in this opinion. This opinion contains forward-looking statements that involve risks and uncertainties. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. SG is not a licensed broker, broker dealer, market maker, investment banker, investment advisor, analyst or underwriter. Please consult a broker before purchasing or selling any securities viewed on http://www.Stockguru.com or mentioned herein.
This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected", "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a companies= annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and SG undertakes no obligation to update such statements.
CONTACT: John Pentony, Publisher, Stockguru.com Tel: +1 469 252 3031 e-mail: john@stockguru.com WWW: http://www.Stockguru.com
M2 Communications Ltd disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide web. Inquiries to info@m2.com.
More News:
Market Updates |
Stock Alerts |
All Trading News |
Stock Index
About TradingMarkets | Contact | Advertise | Careers | Link to Us | Site Map | Help | Terms & Conditions | Privacy Policy | Return Policy | Testimonials | Feedback
The Connors Group, Inc. ("Company") is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. The analysts and employees or affiliates of Company may hold positions in the stocks, currencies or industries discussed here. You understand and acknowledge that there is a very high degree of risk involved in trading securities and/or currencies. The Company, the authors, the publisher, and all affiliates of Company assume no responsibility or liability for your trading and investment results. Factual statements on the Company's website, or in its publications, are made as of the date stated and are subject to change without notice.
It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable or that they will not result in losses. Past results of any individual trader or trading system published by Company are not indicative of future returns by that trader or system, and are not indicative of future returns which be realized by you. In addition, the indicators, strategies, columns, articles and all other features of Company's products (collectively, the "Information") are provided for informational and educational purposes only and should not be construed as investment advice. Examples presented on Company's website are for educational purposes only. Such set-ups are not solicitations of any order to buy or sell. Accordingly, you should not rely solely on the Information in making any investment. Rather, you should use the Information only as a starting point for doing additional independent research in order to allow you to form your own opinion regarding investments. You should always check with your licensed financial advisor and tax advisor to determine the suitability of any investment.
HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN INHERENT LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING AND MAY NOT BE IMPACTED BY BROKERAGE AND OTHER SLIPPAGE FEES. ALSO, SINCE THE TRADES HAVE NOT ACTUALLY BEEN EXECUTED, THE RESULTS MAY HAVE UNDER- OR OVER-COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN.
The Connors Group, Inc.
10 Exchange Place, Suite 1800
Jersey City, NJ 07302
© Copyright 2009 The Connors Group, Inc.
