Navigation

Breadcrumbs

Quality Stocks Daily Newsletter (12/23/2008)

OriginOil Inc. (OOIL)

Today Small Cap Voice reported on OriginOil Inc. (OOIL), Investor Ideas did last week, and today we highlight the Company here at the QualityStocks Daily Newsletter.

OriginOil, Inc. is a Company that is developing a technology to turn algae, a renewable source of oil, into an alternative energy solution. Their technology will produce "new oil" from algae through an efficient, high-speed manufacturing process. The company's patent-pending OriginOil System is an advanced bioreactor system. With it, they will extract algae oil for fuel and chemical production.

OriginOil has their headquarters in Los Angeles , California . Their goal is to provide this alternative oil product for use in many configurations such as diesel, gasoline, jet fuel, plastics, and solvents without the global warming effects of petroleum. Their OriginOil System uses Quantum Fracturing technology and the OriginOil System functions as a continuous oil-producing industrial process.

The Company's system works as such: Algae growth occurs in a bioreactor, in which chemical or biological reactions take place. A network of bioreactors serves the OriginOil System, depending on the scale required. In extraction, the Quantum Fracturing Unit fractures a solution of proprietary catalysts injected into the extraction tank. The fracturing effect is intense. It then creates an ultrasonic effect that cracks the algae cell wall open and releases the oil.

In June, OriginOil Inc. announced their adoption of a continuous batch production process they have named OriginOil Cascading Production™. Algae can expand rapidly if given the space. When fully mature, it stabilizes and grows very little. If you expand the space by a factor of ten, then the algae population increases to occupy the new volume, often quickly. OriginOil's Helix BioReactor™ growth vessel adds the efficiency needed to combine incubation and larger tanks in one. Once the algae matures, 90 percent of it is transferred for harvesting, and the 'green' water purified and returned to the growth tank. The remaining 10 percent can then expand into the Helix BioReactor, and the process repeats itself.

Today, OriginOil Inc. announced their selection as one of the "50 Hottest Companies in Bioenergy" by Biofuels Digest, the publisher of the most widely read biofuels daily newsletter in the world.

Riggs Eckelberry, President and CEO of OriginOil said, "This prestigious award reaffirms the promise of algae as a viable competitor to petroleum and OriginOil's unique technology to grow algae economically, and on a scale large enough to replace petroleum."

OriginOil Inc. (OOIL) closed today at $0.37 up $0.02 or 5.71 percent. Volume today was 71,010. The 3-month average volume is 36,615.40.

Palm Inc. (PALM)

Today, StockEgg.com reported on Palm Inc. (PALM), HotOTC.com did recently, and we highlight the Company here at the QualityStocks Daily Newsletter.

Palm, Inc. provides mobile products for individual users and business customers worldwide. Headquartered in Sunnyvale, California, the Company lists on the NASDAQ and they are an enterprise focused on creating powerful mobile products that enable people to manage better their on the go lifestyles. Their product portfolio includes their Palm® Treo™ and Palm Centro™ smartphones. They also market their Palm handheld computers, software, services, and accessories.

Palm sells via the Internet, retail, reseller, and wireless operator channels on a global basis. They also sell on the Internet through their Palm online stores. Their Palm smartphones are available with the Palm OS® and Windows Mobile® operating systems. The Company's smartphones, with carrier activation, combine a full-featured mobile phone with email , an organizer, messaging, and web access capabilities. These devices are user-friendly, lightweight, and compact. Palm smartphones have a built-in QWERTY keyboard for fast and efficient inputting of data. These smartphones are compatible with GSM and CDMA networks, which gives their customers choice in mobile operators.

The Company's Palm® Handheld Computers are tools for managing appointments, addresses, and to-do lists, or find use as peoples' offices on the go. The Company's handheld computers enable users to manage their schedules, carry MP3s, digital photos, and video clips. They also enable users to create and edit Word, Excel, and PowerPoint compatible files.

Today, Palm Inc. said that Elevation Partners agreed to make an additional $100 million equity investment in Palm. Elevation Partners will increase their investment in Palm by acquiring newly issued Series C preferred stock convertible into Palm common stock at a price of $3.25 per share. Elevation will also receive warrants to acquire seven million shares of Palm common stock at the same price. Prior to March 31, 2009, Palm may elect to cause Elevation to sell up to $49 million of this new investment to other investors on the same or better terms than on which Elevation invested.

Ed Colligan, CEO of Palm Inc. said, "The additional capital from Elevation Partners will enable us to put added momentum behind the new product introductions scheduled for 2009 and will provide us with enhanced stability in unsettled economic times."

Today, Palm Inc. (PALM) closed at $3.05 up $0.56 or 22.49 percent. Volume was 5,973,165 for a 3-month average volume of 2,364,190.

SpongeTech® Delivery Systems Inc. (SPNG)

Today, StockEgg.com, Shazamstocks, OTC Advisors, Inside Move, and Hot OTC.com reported on SpongeTech® Delivery Systems Inc. (SPNG), and today we highlight the Company here at the QualityStocks Daily Newsletter.

Trading on the OTCBB, SpongeTech® Delivery Systems Inc. focuses on the design, production, marketing, and distribution of cleaning products for household and vehicular use utilizing patented technology relating to their hydrophilic sponges. Their Patented Super Absorbent Polymer (SAP) Technology allows their customers to clean items while saving time and money by not having to use an assortment of buckets, solutions, mixes, clothes, wipes, soaps, and waxes. SpongeTech's sponges are also biodegradable. The Company has their corporate headquarters in New York City .

With the Company's products, a user can quit using bucket full's of water when it comes to washing their vehicles. They offer their one-step Auto Wash & Wax System from SpongeTech®. This system uses their proprietary, patent, (and patent-pending) technologies that involve hydrophilic (liquid absorbing) foam and polyurethane matrices. These sponges have an outer contact layer and an inner matrix. The inner matrix comes pre-loaded with specially formulated soaps and wax. These soaps and wax release when the sponge becomes wet and the user wipes a surface with minimal pressure. Therefore, there is no constant refilling of buckets with soap and clean water.

Their current product lines are for car care, home care, and pet care. SpongeTech is always looking for other uses for their technology. Their newest product is an anti-bacterial, kitchen and bath cleaner. They also have their unique 'foaming' bath sponge for children. Their Puddle Pals bath sponges with the soap built into the product is for children, allowing them the freedom of not having to use a bar of soap when taking a bath. This child bath toy contains hypoallergenic soap and is good for up to eight washes per bath sponge. It is for children three years of age and older.

SpongeTech® Delivery Systems, Inc. recently announced that the Dubai Export Import Company, in Dubai , made a second re-order for their products. This is for 210,000 units of SpongeTech's patented Auto Care products plus a new order of 10,000 test units of SpongeTech®'s new kitchen and bath sponges. This makes the order in excess of $4,250,000 from this company.

On December 1, SpongeTech® Delivery Systems announced that they entered into a joint venture with First Hand Tickets, Inc. Through the affiliate agreement, First Hand Tickets will increase site traffic to SpongeTech®'s website. This could potentially bring significant amounts of new visitors in front of SpongeTech®'s products. First Hand Tickets, Inc. is an entertainment company engaged in buying and selling of premium, hard-to-find, sold-out and VIP tickets to all sporting events, concerts, and theatrical performances globally. They are mainly a secondary market provider.

Spongetech® Delivery Systems Inc. (SPNG) closed today's trading at $0.023 down $0.001 or 2.13 percent. Volume was 18,912,698 for a 3-month average volume of 16,533,800.

Force Protection Inc. (FRPT)

Greenbackers reported today on Force Protection Inc. (FRPT), Knobias and Stock Egg did earlier, and we are highlighting the Company too here at the QualityStocks Daily Newsletter.

Trading on the NASDAQ Capital Market, Force Protection, Inc. is a leading American designer, developer and manufacturer of survivability solutions. Headquartered in Ladson , South Carolina , they primarily manufacture ballistic-and-blast-protected wheeled vehicles. Their specialty vehicles are the Cougar, the Buffalo , and the Cheetah. The Company designed these for reconnaissance and urban operations. They also designed them to protect occupants from landmines, hostile fire, and improvised explosive devices known as roadside bombs.

The Buffalo MPCV is an advanced mine resistant vehicle and is configurable for multiple missions and is specifically designed to undergo repairs in the field. Their Cougar line is a family of medium Mine Resistant Ambush Protected (MRAP) vehicles. They can supply these in 4X4 or 6X6 layout. They are configurable for tasks including troop carrying (up to 12 in the 6X6), EOD (4 troops and a large EOD robot in the 4X4), command and control, artillery prime mover, recovery, and ambulance duty. Force Protection is one of the original developers and main providers of vehicles for the United States military's MRAP vehicle program.

Force Protection's Cheetah Series is their newest vehicle series. They designed this line for reconnaissance, forward command and control, and urban operations. The Cheetah has state-of-the-art ballistic and blast protection. It also has the mobility of a light-armored vehicle. Force Protection is also the developer and manufacturer of ForceArmor™. This is an armor package providing protection against explosively formed projectiles and is available for a wide range of tactical-wheeled vehicles.

Last week, Force Protection Inc. announced that Force Protection Industries, Inc., their wholly owned subsidiary, received two contract awards from Marine Corps Systems Command for 188 Cougar Exterior Ballistic EFP Kits. These add-on armor packages incorporate Force's Force Armor™. These contracts carry a total dollar value not to exceed $30 million. The delivery schedule for these kits is late 2008 and early 2009.

Today, Force Protection Inc. (FRPT) closed at $5.31 up $0.34 or 6.84 percent. Volume was 809,873 for a 3-month average volume of 777,138.

Pacific Booker Minerals Inc. (PBM)

Wall Street Research reported earlier on Pacific Booker Minerals Inc. (PBM), and we highlight the Company today, here at the QualityStocks Daily Newsletter.

Pacific Booker Minerals Inc. is an AMEX traded company that explores mineral property interests primarily in Canada . With corporate headquarters in Vancouver , British Columbia , they have interests in properties with copper, gold, silver, lead, and molybdenum deposits in the province. They own the Morrison property located in Central British Columbia .

Pacific Booker Minerals Inc. is in the advanced stage of development of the Morrison porphyry copper/gold/molybdenum deposit. They are proposing an open-pit mining and milling operation for the Morrison deposit. The proposed mine will have an ore production rate of 30,000 tonnes per day or 11 million tonnes of ore per year. This will produce approximately 155,000 tonnes of concentrate per year containing copper, gold, and molybdenum.

Process Research Associates and IME Consultants conducted metallurgical test-work at the deposit. The test work indicates that the metallurgy of the Morrison deposit is relatively straightforward and that good copper recoveries and acceptable concentrates are achievable. Pacific Booker Minerals Inc. believes that metallurgical recoveries would be similar to recoveries at the nearby Bell Mine. There is existing regional infrastructure in place to service the region at the Morrison deposit. This includes a deep-sea shipping terminal in Stewart, B.C., a road network, nearby power, and the full service town of Granisle , which is within daily commuting distance from the project site.

The Company announced this past summer that they have confirmed the availability of power from the former Bell mine electrical facility located 22 km from the Morrison project site. The 138 kV service is now energized at 25 kV and can be re-energized to its design voltage. A new 24.7 km 138 kV overhead line will be constructed from the former Bell mine site to the proposed Morrison mine site substation. A transmission system Load Interconnection Study was also completed by BC Hydro for the proposed new load.

On December 8, Pacific Booker Minerals announced that on November 6, 2008, the company and Lake Babine Nation entered into a capacity funding agreement. This provides Lake Babine Nation with capacity funding to participate in the EA process, improve communications, share information, address specific concerns, and commit to work together to build a long lasting and mutually supportive relationship.

The mining industry is working with First Nations, and the Province of British Columbia supports them in continuing their efforts. British Columbia is building a new relationship with First Nations founded on mutual respect, recognition, and reconciliation. This is to support Aboriginal people's participation in the province's economic and social progress. Lake Babine Nation is one of the largest First Nation communities in British Columbia .

Today, Pacific Booker Minerals Inc. (PBM) closed at $3.33 up $0.18 or 5.71 percent. Volume was 800 for a 3-month average volume of 2,021.54.

Plug Power Inc. (PLUG)

Small Cap Pulse, Stock Stars, and Stock Egg reported previously on Plug Power Inc. (PLUG), and today we highlight the Company here at the QualityStocks Daily Newsletter.

Plug Power Inc. is a company who integrates fuel cell technology into motive, continuous and backup power products. Headquartered in Latham , New York , they design, develop, and manufacture fuel cell systems such as their GenCore®, a hydrogen fueled Proton Exchange Membrane (PEM) fuel cell system to provide back-up power to businesses and governments in critical infrastructure. Their GenCore® systems for backup power are alternatives to batteries and standby gensets and provide continuous service, as well as reduced lifecycle costs.

Plug Power Inc. also manufactures their GenDrive™, a hydrogen fueled PEM fuel cell system to provide motive power to light industrial vehicles. They offer a drop-in replacement as an alternative to lead-acid batteries. They also offer more commercial space, and lower operational costs, and are operator-accepted and environmentally friendly. The Company's GenSys® systems for off-grid, prime power applications, provide lower maintenance and fuel costs, low emissions, and quiet operation. They also have a longer life compared to traditional internal combustion engines.

Plug Power's ongoing plans include developing on-site hydrogen generation. Using their natural gas reforming technology, they, in partnership with industry leaders, are actively developing product solutions to meet the on-site hydrogen needs of industrial gas customers. In the area of home refueling, Plug Power Inc., with Honda R&D, is extending the capability of existing natural gas products to include delivering pressurized hydrogen fuel. This solution will provide electricity and heat for homes and hydrogen for fuel cell vehicles.

Recently, Plug Power Inc., Tata Teleservices Limited (TTSL) and Hindustan Petroleum Corporation Limited (HPCL) announced that they successfully conducted a field trial involving Plug Power's GenSys® prime power fuel cell product in rural India. Performed at a TTSL cell tower site the field trial was designed to test the performance of the GenSys® fuel cell and the LPG refueling infrastructure for cell tower applications in rural India . The GenSys® system, commissioned and operated by Plug Power, was used as the primary power source for meeting the site's total power load.

This month, Plug Power announced that they would supply 220 of their GenDrive™ fuel cells to power Central Grocers Inc.'s entire fleet of lift trucks. Plug Power entered into a contract with Central Grocers Inc. to provide the grocery cooperative with the hydrogen-powered fuel cell systems. Central Grocers has their base in Illinois . Central Grocers is building a new distribution center scheduled to open at the end of 2009 in Joliet , Illinois and Plug Power's technology will provide power for 220 new Yale lift trucks.

Plug Power Inc. (PLUG) closed today at $1.05 up $0.15 or 16.67 percent. Volume was 368,506 for a 3-month average volume of 639,843.

Cerus Corporation (CERS)

Today, StockEgg.com reported on Cerus Corporation (CERS), and we choose to as well here at the QualityStocks Daily Newsletter.

Founded in 1991, Cerus Corporation is a biomedical products company focusing on commercializing the INTERCEPT Blood System to enhance blood safety. The INTERCEPT Blood System is designed to inactivate blood-borne pathogens in donated blood components intended for transfusion. With headquarters in Concord , California , the Company trades on the NASDAQ Global Market.

Cerus markets the INTERCEPT Blood System for platelets and plasma in Europe, Russia, the Middle East, and in other selected countries around the world. The Company is also working to secure regulatory approvals in the United States and other countries. Cerus Corporation is in Phase I clinical trials for the development of the INTERCEPT system for red blood cells in the United States .

The INTERCEPT Blood System has its basis in Cerus's proprietary Helinx technology for controlling biological replication. The design of the System is to enhance the safety of donated blood components by inactivating viruses, bacteria, parasites, and other pathogens. The Company also designed the INTERCEPT System to inactivate potentially harmful white blood cells. Platelets and red blood cells are not inactivated by the crosslinking process, as they do not require nucleic acids to function. Plasma is not inactivated by the treatment because it is an acellular product (proteins and liquid).

On December 15, Cerus Corporation announced an agreement to extend their manufacturing agreement with Fenwal, Inc. for INTERCEPT Blood System products. Fenwal will supply Cerus with finished disposable kits for the INTERCEPT platelet and plasma systems through the end of 2013.

Claes Glassell, President and CEO of Cerus said, "We are pleased to have extended our supply relationship with Fenwal. The new agreement is expected to assure our long-term supply of finished INTERCEPT platelet and plasma kits while reducing our unit costs."

Cerus Corporation (CERS) closed Monday's session at $0.76 up $0.06 or 8.57 percent. Volume was 664,605 for a 3-month average volume of 210,312.

Nettel Holdings Inc. (NTTL)

OTC Picks reported previously on Nettel Holdings Inc. (NTTL) and we choose to highlight the Company today here at the QualityStocks Daily Newsletter.

Headquartered in Longview, Washington, Nettel Holdings Corporation is a holding company owning subsidiaries engaged in diverse business activities. Their mission is to produce successful subsidiaries that are financially viable and freestanding. Their main subsidiaries are in telecommunications and software. Founded in 1999, the Company's subsidiaries work to develop new and innovative technologies.

Nettel Holdings focuses on nurturing high-growth, high-tech businesses into profitable industry leaders. They provide the necessary financing and business support services that speed the development of their subsidiaries by providing them with targeted resources and services.

Nettel's telecommunications services business includes advanced voice order processing direct. This handles routing management, settlements, billing, and administration activities for carriers. It also includes voice over Internet protocol services. This consists of residential and commercial long distance, prepaid calling card, PC to phone, unified messaging, and teleconferencing services. The Company's computer equipment business exports computer electronics equipment.

The Company's AVOP subsidiary delivers toll quality international call completion services. They also provide the global infrastructure that enables enhanced services such as conferencing and calling cards to expand to international markets quickly and efficiently. Nettel's Entec Software Consulting builds applications that implement any business functionality, including Business Process Automation, Customer/Contacts Management, Human Resource Management, Accounting/Payroll Management, Financial Information and Billing, and Order Entry and Processing, among others. Their Entec Software operates to provide quality Information Technology Solutions and Consultancy Services to their customers. These are just two examples of the many subsidiaries that Nettel owns.

In late October, Nettel Holdings Inc. announced four new long-term contracts for their Tougi Metals division. Their buyers in Bangladesh ordered $3 million of steel. This contract is a revolving contract and when the contract is complete it will immediately receive renewal for an equal amount. The second contract is from buyers in Vietnam and valued at $760,000. This contract is also a renewable one. The two other contracts are from buyers in India and are valued at over $2 million. These contracts will also automatically renew when completed.

Today, Nettel Holdings Inc. (NTTL) closed at $0.025 down $0.001 or 3.85 percent. Volume was 64,000 for a 3-month average volume of 44,776.90.

Our name, QualityStocks.net, emphasizes our commitment to connect subscribers with companies that have huge potential to succeed in the short and long-term future. We believe strong management and vision for the future are crucial for any company to be successful. Timing is everything and we help investors succeed by providing an objective, broad-based view of the SmallCap markets on a daily basis.

Please see disclaimer on QualityStocks.net website: http://disclaimer.qualitystocks.net

Print this page    

SmallCapNewsroom.com may have a position in securities which are mentioned on any of the websites or commentaries published by SmallCapNewsroom.com or any of its services and may sell or close such positions at any moment and without warning. Under no circumstances should the information received from SmallCapNewsroom.com represent a recommendation to buy, sell, or hold any security. SmallCapNewsroom.com contains the opinions of its editors and other financial writers and commentators. Neither SmallCapNewsroom.com, Inc. or its employees provide individual investment advice and will not advise you personally concerning the nature, potential, value, or of any particular stock or investment strategy. To the extent that any of the information contained on any SmallCapNewsroom.com publications may be deemed investment advice, such information is impersonal and not tailored to the investment needs of any specific person. Past results of SmallCapNewsroom.com or other financial authors are not necessarily indicative of future performance.

SmallCapNewsroom.com does not represent the accuracy nor does it warranty the accuracy, completeness or timeliness of the statements published on its web sites, its email alerts, podcats, or other media. The information provided should therefore be used as a basis for continued, independent research into a security referenced on SmallCapNewsroom.com so that the reader forms his or her own opinion regarding any investment in a security published on any SmallCapNewsroom.com of media outlets or services. The reader therefore agrees that he or she alone bears complete responsibility for their own investment research and decisions. We are not and do not represent ourselves to be a registered investment adviser or advisory firm or company. You should consult a qualified financial advisor or stock broker before making any investment decision and to help you evaluate any information you may receive from SmallCapNewsroom.com.

Consequently, the reader understands and agrees that by using any of SmallCapNewsroom.com services, either directly or indirectly, SmallCapNewsroom.com, Inc. shall not be liable to anyone for any loss, injury or damage resulting from the use of or information attained from SmallCapNewsroom.com.