Rita Nazareth, Bloomberg
U.S. Stocks Gain on Better-Than-Estimated Data
U.S. stocks advanced, following a two-day decline in the Standard & Poor’s 500 Index, as better- than-estimated housing, manufacturing and jobless claims data outweighed concern about a Greek debt default.
“We’re more important to Europe than Europe is to us,” Liz Ann Sonders, the New York-based chief investment strategist at Charles Schwab Corp., said in a telephone interview. Her firm has $1.68 trillion in client assets. “U.S. economic numbers have been much better than expected. I’m pretty optimistic, but I don’t think we’re going to boom. The debt overhang puts a lid on how fast the U.S. economy can grow.”
Stocks rose as a report showed that manufacturing in the Philadelphia region expanded in February at the fastest pace in four months as new orders and sales picked up. Claims for jobless benefits unexpectedly dropped last week to the lowest level in four years. Builders broke ground on more homes than forecast in January, helped by warmer weather and adding to signs the U.S. residential real estate market is stabilizing.
Yesterday’s Top Performing Small Cap Stock:
Advanced Medical Isotope Corp. (OTCBB: ADMD)
Advanced Medical Isotope Corp. was a SmallCapVoice top performer closing up over 60% on trading volume of 4,600 shares.
Advanced Medical Isotope Corporation is a company engaged in the production and distribution of medical isotopes for advanced diagnostic and non-surgical therapeutic application. AMIC’s goal is to empower physicians, medical researchers, and ultimately patients by providing them with essential medical isotopes that, until recently, have not been feasible or economical, in an effort to detect and cure human disease.
Today’s SmallCapVoice.com Hot Stock to Watch:
Marley Coffee (OTCBB: JAMN)
Marley Coffee Expands Retail Distribution
New Distribution Brings Marley Coffee to More Stores on East Coast and Hawaii
LOS ANGELES, Feb. 16, 2012 /PRNewswire/ – Marley Coffee (OTCBB: JAMN), a sustainably grown, ethically farmed and artisan roasted gourmet coffee, today announced new distribution agreements that will expand the brands’ availability on the East Coast of the US and in Hawaii.
Other Small Cap News
VSUS Technologies Inc. (OTCQB: VSUT)
VSUS Technologies Inc. Receives Confirmation from a Highly Qualified Engineering Firm of their Ability to Obtain Mining Permits for their Metallurgical Coal Mine in Colombia.
BOGOTA, Colombia, Feb. 16, 2012 /PRNewswire/ — VSUS Technologies Inc. (OTCQB: VSUT) announces they received an opinion letter from their engineering firm, Incoplan S. A. confirming their ability to get a mining permit for their wholly owned metallurgical coal mine in Guaduas, Colombia. The company acquired La Tabaquera coal mine last year and contracted Incoplan S.A. to complete an Environmental Impact Assessment (EIA) and a geological engineering model. These studies are requirements to obtain a mining permit in Colombia.
As Seen On TV, Inc. (OTCQB: ASTV)
As Seen On TV, Inc. Reports Record Quarterly Revenues
Fiscal 2012 Third Quarter Revenues Reach $2.6 Million, an Increase of 565 Percent; Maintains $12.2 Million in Current Assets
CLEARWATER, FL–(Marketwire – Feb 16, 2012) – As Seen On TV, Inc. (OTCQB: ASTV) (PINKSHEETS: ASTV), the parent company of TVGoods, Inc., a direct response marketing company, is pleased to report that it has filed its 10Q for its third quarter, ended December 31, 2011. The results demonstrate the Company’s commercialization ramp, supported by the recent private funding of $14.3 million. As Seen On TV, Inc. will continue to execute on its aggressive growth strategy. The Company believes it has successfully developed a platform to monetize unique products through a variety of direct-to-consumer channels including direct response television, television shopping networks, retail outlets, and e-commerce marketplaces.
Safe Communications, Inc. (Pink Sheets: SGTB)
Nick Cannon Partners with Safe Communications, Inc.
Cannon to appear on Capitol Hill in support of Rep. Ed Markey and Rep. Joe Barton’s new child Internet safety bill.
SCOTTSDALE, Ariz., Feb. 16, 2012 /PRNewswire/ — Safe Communications, Inc. (Pink Sheets: SGTB) announced today that multi-media mogul, actor, TV host and comedian Nick Cannon has partnered with Safe Communications as its spokesperson.
Novelos Therapeutics, Inc. (OTCQX: NVLT)
Novelos Therapeutics to Begin Trading on OTCQX
MADISON, Wis., Feb. 16, 2012 /PRNewswire/ — Novelos Therapeutics, Inc. (OTCQX: NVLT), a pharmaceutical company developing novel drugs for treatment and diagnosis of cancer, announced that today its common stock will begin trading on OTCQX, the top tier of the OTC market designated for OTC companies that meet standards established by the OTC Market Group. Novelos’ trading symbol, “NVLT“, will remain the same.
eLayaway, Inc. (OTCQB: ELAY)
eLayaway Acquisition Sets Stage for Continued Growth and Expansion
TALLAHASSEE, FL–(Marketwire – Feb 16, 2012) – eLayaway, Inc. (OTCQB: ELAY) (OTCBB: ELAY) announced today its acquisition of Centralized Strategic Placements, Inc. (CSP); a company whose technology supports member-based shopping exchanges that serve the 14 million Federal Government employees, retail partners, distributors and manufacturers. The two companies have elected to operate autonomously while strategically utilizing their combined resources and technology to increase IT development efficiencies, expand their marketing initiatives and decrease overall costs for both companies. The strong cultural and technological fit between the two organizations and their shared vision for growth will greatly enhance each Company’s current product offerings and its ability to serve growing markets.
Energizer Resources Inc. (OTCBB: ENZR)
Energizer Resources Intersects 118.6 m of Graphite in Drill Core Grading 6.24% C, and 106 m at 7.11% C in Trench Sampling
TORONTO, ONTARIO–(Marketwire – Feb. 16, 2012) – Energizer Resources Inc. (TSX:EGZ)(OTCBB:ENZR)(FWB:YE5) (“Energizer” or the “Company”) is pleased to announce updated preliminary results from exploration programs on its Green Giant, and Malagasy Minerals Limited (“Malagasy”) (ASX:MGY) Joint Venture (JV) properties in Madagascar. Assays received to date from the Phase I exploration program, have yielded drill intersections assaying up to 6.24% carbon (C) over 118.6 metres in length, and trench assays up to 7.11% C over 106 metres in length. Reconnaissance exploration work conducted by Malagasy Minerals has identified disseminated to massive graphite on the JV property assaying up to 71.94% C.
Pathfinder Cell Therapy, Inc. (OTCQB: PFND)
Pathfinder to Present at New York Stem Cell Summit
CAMBRIDGE, Mass., Feb. 16, 2012 (GLOBE NEWSWIRE) — Pathfinder Cell Therapy, Inc. (“Pathfinder,” or “the Company”) (OTCQB:PFND), a biotechnology company focused on the treatment of diseases characterized by organ-specific cell damage, today announced that Richard L. Franklin, M.D., Ph.D., Founder, CEO and President of Pathfinder, will present at the 7th Annual New York Stem Cell Summit being held on Tuesday, February 21, 2012.
About SmallCapVoice.com
SmallCapVoice.com is a recognized corporate investor relations firm, with clients nationwide. Known for its ability to help emerging growth companies build a following among retail and institutional investors, SmallCapVoice.com utilizes its stock newsletter to feature its audio interviews, as well small cap company’s financial news releases. SmallCapVoice.com also offers individual investors with all the tools they need to make informed decisions about the stocks they are interested in. Tools like our stock charts, stock alerts, and our company information sheets can assist with investing in stocks that are traded on the OTC BB and Pink Sheets.
IMPORTANT DISCLAIMER – PLEASE READ THOROUGHLY
SmallCapVoice (SCV) is an electronic publication. Information sources for our profiles include, but are not limited to, online research, member suggestions, magazines, newspapers, analyst suggestions, information provided by the profiled company, press releases and similar sources. This communication is not an offer to sell or a recommendation that you buy or sell any security. SCV holds no securities licenses and is not qualified to provide investment advice. We are compensated for these advertisements by the profiled companies. You should not use this newsletter as the sole basis for any investment decision. While all investments involve risk, microcap stocks are among the most risky. Many microcap companies have no proven track record. You should only invest in microcap companies if you can afford to lose your entire investment. You should consult a qualified, licensed financial advisor or stock broker before making any decisions to invest in the securities of any company that is described in these profiles. These profiles are paid advertisements. Although we have a reasonable belief that the information in each profile is accurate, we cannot guarantee that the information is accurate. It is important for you to verify all information by your own independent research. Link to full disclosure about compensation paid to SmallCapVoice.com, Inc. by companies featured on our website or in our e-mail communications.
Contact:
Stuart T. Smith CEO
512-267-2430
ssmith@smallcapvoice.com
http://www.smallcapvoice.com