Rodrigo Campos, Reuters
Wall Street flat, awaits movement on fiscal cliff talks
(Reuters) – Stocks were little changed in early trading on Tuesday as the market remains hostage to negotiations in Washington on how to avert a “fiscal cliff” that could push the U.S. economy into recession.
Republicans in Congress proposed steep spending cuts to bring down the budget deficit on Monday but gave no ground on President Barack Obama’s call to raise taxes on the wealthiest Americans, and the proposal was quickly dismissed by the White House.
Headlines about the back-and-forth preliminary proposals by Republicans and Democrats have fixated the market. Still, many investors expect the two sides to come up with a deal before the year-end deadline, which could trigger a rally in equities.
Yesterday’s Top Performing Small Cap Stock:
Medical Marijuana Inc. (Pink Sheets: MJNA)
Medical Marijuana Inc. was a SmallCapVoice top performer closing up over 3% on trading volume of 7,090,375 shares.
About Medical Marijuana, Inc.
Our mission is to be the premier cannabis and hemp industry innovators, leveraging our team of professionals to source, evaluate and purchase value-added companies and products, while allowing them to keep their integrity and entrepreneurial spirit. We strive to create awareness within our industry, develop environmentally friendly, economically sustainable businesses, while increasing shareholder value.
Medical Marijuana, Inc. does not grow, sell or distribute any substances that violate United States Law or the controlled substance act.
Today’s SmallCapVoice.com Hot Stock to Watch:
Massive Dynamics, Inc. (OTCBB: MSSD)
PremierEquityReports.com Technical Breakout Alert: Massive Dynamics, Inc. (OTCBB: MSSD) Hits New All-Time High as Cyber Monday Sales Impress
Technical Breakout Alert: Massive Dynamics, Inc. (OTCBB : MSSD) erupted on Friday soaring to a new All-Time High of 1.90 dollars finishing the day up 5.56%. This breakout came on a huge increase in trading volume adding validity to the move and hinting towards a continued move higher.
Massive has built a solid base around 1.75 dollars for about a month. Friday’s surge seems to be just the beginning as we expect Massive to continue making new highs in the coming days or even weeks.
Next Fuel, Inc. (OTCQX: NXFI)
A New Audio Interview With Robert Craig, CEO of Next Fuel Inc., is Now at SmallCapVoice.com
AUSTIN, Texas, Dec. 4, 2012 (GLOBE NEWSWIRE) — SmallCapVoice.com, Inc. announced today that a new audio interview with Next Fuel, Inc. (NXFI), which develops and commercializes “clean” energy and related environmental technologies is now available. The interview can be heard at http://smallcapvoice.com/blog/11-30-12-smallcapvoice-interview-with-next-fuel-inc-nxfi
Robert Craig, CEO of Next Fuel Inc., called into SmallCapVoice.com to go over the business model, market, the recent news for company and much more. The interview also includes the major milestones achieved by the company so far this year and the goals for the remainder of 2012.
Other Small Cap News
Sirona Biochem’s Inducer Performs Better than Industry Standard IPTG in Independent McMaster University Study
VANCOUVER, BRITISH COLUMBIA–(Marketwire – Dec. 4, 2012) – Sirona Biochem Corp. (TSX VENTURE:SBM) (PINKSHEETS:SRBCF) (FRANKFURT:ZSB), an award-winning biotech company, announced today the results from an independent study of the company’s inducer, SBM-TFC-358 (IPGMim™), conducted by McMaster University. In the study, SBM-TFC-358 performed better than the industry standard inducer IPTG. The research was conducted by the lab of Dr. James Mahony, Department of Pathology and Molecular Medicine at McMaster University in Hamilton, Canada.
Natcore Technology To Produce Second AR-Box Solar Cell Processing Station
To be Made in America, the Second-Generation Machine Will Have Black Silicon Capability
RED BANK, N.J., Dec. 4, 2012 /PRNewswire/ — Natcore Technology Inc. (TSX:V: NXT) (Pink Sheets: NTXCF) has commissioned the construction of an upgraded AR-Box™ solar cell processing station that will include black silicon capability.
Like the original AR-Box, this second-generation device will be manufactured by MicroTech Systems, Inc., of Fremont, CA, a 12-year-old Silicon Valley company that designs and manufactures wet-bench manufacturing equipment for solar, LED, semiconductor, biomedical, data storage and other high technology applications.
CD International Enterprises, Inc. (OTCQB: CDII)
CD International Enterprises to Utilize Two Recently Executed Trade Financing Agreements
DEERFIELD BEACH, Fla., Dec. 4, 2012 /PRNewswire/ — CD International Enterprises, Inc. (“CD International”) (OTCQB:CDII), a U.S. based company that produces, sources, and distributes industrial commodities in China and the Americas and provides business and financial corporate consulting services, today announced it intends to utilize two recently executed trade agreements providing for up to a total of 2.8 million dollars in receivable and inventory based financing to expand its ongoing magnesium and commodities distribution businesses.
Marina Biotech, Inc. (Pink Sheets: MRNA)
Marina Biotech Receives Key Patent Issuance From the USPTO for Its Unlocked Nucleobase Analog (UNA) Chemistry
Patent Broadly Covers RNA-Based Oligonucleotide Therapeutics Containing a UNA
BOTHELL, WA–(Marketwire – Dec 4, 2012) – Marina Biotech, Inc. (PINKSHEETS: MRNA), a leading nucleic acid-based drug discovery and development company, today announced that the U.S. Patent and Trademark Office (USPTO) has issued United States Patent 8,314,227. The patent expands protection to the Company’s Unlocked Nucleobase Analog (UNA) modification and substitution chemistry. The claims of this patent broadly cover the use of a UNA in a number of RNA-based oligonucleotides including an RNA duplex, a microRNA mimic, a microRNA antagonist, and an RNA-binding RNA steric blocker. In addition, the RNA duplex may be either a RISC- or Dicer-length small interfering RNA (siRNA) and have a discontinuous passenger strand.
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