Manhattan Pharma (OTCBB:MHAN): +80% Favorable Clinical Results

Manhattan Pharmaceuticals (OTCBB:MHAN) announced today that the company's Board of Directors has decided to continue development of AST-915, an orally delivered treatment for essential tremor. This decision was made following the announcement of favorable clinical results from a Phase 1/2 clinical study of AST-915 conducted by the National Institute of Neurological Disorders and Stroke (NINDS) at the National Institutes of Health (NIH) under a CRADA agreement between the NIH and Ariston Pharmaceuticals, Inc., a wholly owned subsidiary of Manhattan Pharmaceuticals, Inc. Data from this study, previously announced on December 16, 2010, demonstrated that AST-915 was safe and well tolerated and demonstrated a clear effect on tremor power. The company intends to continue to work with the NIH and to proceed toward Phase 2 with the AST-915 development program.

Under the terms of the merger agreement between Manhattan Pharmaceuticals, Inc. and Ariston Pharmaceuticals, Inc., the achievement of this milestone requires the company to issue 8,828,029 shares of its common stock to debt holders and former shareholders of Ariston.

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SkullCandy: Private Headset Company to Go Public

Skullcandy Inc., the company known for its colorful, stylish headphones, plans to raise at least $125 million in an initial public offering. The company said in a regulatory filing Monday it plans to use the proceeds to repay debt, for working capital and general corporate purposes.

Skullcandy's IPO filing comes less than a week after professional networking website LinkedIn Corp. announced plans to go public, and it's further sign that the IPO market is heating up.Skullcandy, based in Park City, Utah, grew its sales from $9.1 million in 2006 to $118.3 million in 2009, according to its filing. Its stylized headphones are sold in consumer electronics, sporting goods and mobile phone stores, as well as mass retailers such as Target.

The company expects to grow its business as mobile devices become increasingly prevalent and "action sports" grow in popularity. Its motto is "Every revolution needs a soundtrack."
The company did not say how many shares it is offering, the expected price range, or when it plans to file. The filing said Skullcandy expects to raise $125 million in the offering, but this was estimated to calculate the registration fee and can change.
The underwriters are BofA Merrill Lynch and Morgan Stanley. Skullcandy plans to list its shares on the Nasdaq under the ticker symbol "SKUL."

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Flint Telecom (OTCBB:FLTT): Aquiring VOIP Provider

Flint Telecom (OTCBB:FLTT ), an International Telecoms Technology and Services Organization, today announces that advanced discussions are under way to acquire a number of turnkey VoIP providers which are currently delivering telecom and data services to small and medium enterprises in the United States. Completion of each acquisition will bring immediate profitable revenues to the group. The projected revenues, when all planned acquisitions are completed throughout the year, are expected to reach over $20 million in 2011. The market for VoIP services in the U.S. continues to grow rapidly, particularly on mobile devices, with the Telecoms Industry Association seeing the VoIP share of total U.S. residential and business phones lines reaching 37% and 10% respectively by 2015. Ovum, the market leading research company, forecasts fixed VoIP revenues in United States reaching nearly $9 billion annually by 2014.

Bernie Fried, President and COO of Flint Telecom Group, commented, "We have identified hundreds of suitable acquisition candidates, each providing similar services to end-user customers that lend themselves to operational consolidation. These companies are unable to achieve sufficient scale on their own due to size, but they have achieved the hardest aspect in growing any business, acquiring customers. By consolidating the various businesses operations under one roof, duplicate costs are eliminated and network elements are reduced to achieve greater returns from the existing revenue streams."

Vincent Browne, Chairman and Chief Executive of Flint Telecom Group, said, "We anticipate acquiring in excess of 10 companies in our telecoms unit this year. The gross margins generated from these VoIP services range from 50% to 75%, which will further enhance our stated aims of improving overall gross margins and delivering sustainable operating profits. We plan to fund the acquisitions with long term debt and deferred stock grants where feasible, to minimize market impact."

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Expert Group, Inc.(EXPU.PK) Technical Stock Trading Video Chart

Today Penny Payday brings you a video chart for Expert Group, Inc.(PINK:EXPU), a PINKSHEET company and one of many you can find at Pennypayday.com.

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3 Things to Know Before Trading Today

*Stocks were mixed in Asian trade. Shanghai was among the best with a gain of almost 1.4%, but the Nikkei fell about 1.2%, the Hang Seng was down 0.7% and Australia lost 0.4%. European indexes are generally down a bit currently, with the Dax and Footsie both off about 0.4%. US stock futures are up a fraction on the session.

*The preliminary December reading of Japan’s Industrial Production was a few tenths better than forecast at +3.1% month on month, but that result was three times the increase seen the previous month.

*The January reading of Japan’s manufacturing sector Purchasing Managers Index was up three points on the month to 51.4, the best result since last July.

*The December reading of German Retail Sales badly missed the estimate, it was -0.3% on the month, well short of the forecast for a gain of two percent. The annualized reading at -1.3%, was also well under the estimate for a gain of 1.1%.

*The events in Egypt are ongoing. President Mubarak has thus far refused to cede control of the country, he has instead installed a new vice President and a new cabinet, which is being selected and sworn in today. The stock market there has not reopened so far this week and is now expected to be closed tomorrow as well.

*The December reading Personal Income and Spending is due out at 7:30am CST. Income is expected to be +0.4% month on month and the estimate for Spending is +0.5%. The December reading of the PCE Core inflation rate is +0.1% month on month and +0.8% year on year. The January reading of the Chicago Purchasing Managers Index is due out at 8:45am CST, but remember it is release three minutes earlier for subscribers. The Chicago Index is expected to be 64.5, down a bit from the December result of 66.8.

*The January reading of the Dallas Fed Manufacturing Index is due out at 9:30am CST, it is forecast to be 15.0, up from 12.8 in December.

*The Fed is scheduled to buy Treasuries today that are due to mature between 8/15/13 and 12/31/14; the results of the operation will be announced just after 10:00am CST.

*Atlanta Fed boss Lockhart is scheduled to speak in Miami today at 11:00am CST.

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Razor Resources (OTCBB:RZOR): +18% Drill Results for Clavo Out

RAZOR RESOURCES (OTCBB:RZOR) announces subsequent drill results at the Company's Clavo Rico project located in the Choluteca region of Honduras. The Company previously reported assay results on drill hole 03/CR/5 of 14.9 grams of gold per tonne. The updated results from deeper within this hole indicates up to 41.6 grams of gold per tonne between 68 and 78 metres."Through the tireless efforts of both our geology team and our crew at the mine, we are seeing our previous good results become great," stated the President of Razor Resources Inc., Mr. Sam Nastat.

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Bulova Technologies Group, Inc. (PINK: BLVT) Technical Stock Trading Video Chart

Today Penny Payday brings you a video chart for Bulova Technologies Group, Inc. (PINK: BLVL), a PINKSHEET company and one of many you can find at Pennypayday.com.

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3 Things to Know Before Trading Today

*Stocks were again mixed. The Nikkei was among the weakest on the day with a decline of more than one percent, the Hang Seng and Australia were both down about two thirds of a percent, but Shanghai was up a slight fraction. European indexes are currently mixed as well; the Footsie is down about 1.2%, but the Dax is trading up by about 0.1%. US stock futures are essentially unchanged.

*The December reading of Japan’s Jobless Rate unexpectedly fell two tenths to 4.9%, it had been forecast to be steady on the month. However, Overall Household Spending was down 3.3% on a year over year basis, more than five times the expected decline.

*The December reading of Japan’s Consumer Price Index, ex-fresh food, is -0.4% on a year over year basis, one tenth less deflation than expected. The January reading of that same inflation measure for Tokyo was -0.2%, only half the deflation level seen the month before.

*The December reading of Japan’s Retail Trade is -4.1% on a month on month basis, about triple the expected shortfall; the year over year rate is -2.0%, well below the estimate for a gain of 0.6%.

*German Finance Ministry Vice Chancellor Westerwelle, in an interview in Le Monde, says that creditors should pay in bailouts and that he sees no need to modify the EFSF.

*Treasury’s Geithner spoke earlier today in Davos. Among other things he said he is confident that the US expansion is sustainable, but that growth is not strong enough to bring down unemployment rapidly. Also noted that US has a tough set of fiscal choices to make, but he thinks that the US is better placed than some others to achieve reforms.

*The first look at Q4 GDP is due out at 7:30am CST. Headline GDP is expected to show a quarter on quarter annualized growth rate of +3.5%; the estimate for Q4 Personal Consumption is +4.0%; the Q4 GDP Deflator is forecast to be +1.6%; and the estimate for the PCE Core inflation measure, quarter on quarter annualized basis, is +0.4%. Also due out at 7:30am is the Q4 reading of the Employment Cost Index, it is expected to be +0.5%. The final January reading of consumer sentiment from the University of Michigan is due out at 8:55am CST, it is forecast to increase six tenths from the preliminary result of the month to 73.3; it was 74.5 in December.

*The Fed is scheduled to buy Treasuries today that are due to mature between 2/15/18 and 11/15/20; the results of the operation will be announced just after 10:00am CST.

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Bill The Butcher

Bill the Butcher (OTCBB:BILB), a leading retailer of organic and natural, grass-fed meats, today reported its financial results for the three months ended November 30, 2010, the company's first quarter of fiscal 2011. Significant achievements during the quarter include: 1) improving gross margins to 36% from 15% over the prior quarter; 2) reaching approximately $2,000,000 in revenues since inception; 3) commencing construction on the company's 7th store in Edmonds, Washington; and 4) identifying potential key locations for the company's regional commissary. Sales for the three months ended November 30, 2010 were $593,000 compared to $653,000 for the prior quarter ended August 31, 2010. The decline in revenues of $60,000, or 9% compared to the prior quarter, was a result of lower meat inventories and, consequently, less product available for sale, in the stores. First quarter 2011 revenues mark the second highest quarterly revenues for the company in its five quarters of operational history.

Bill the Butcher reported significant improvements in gross margins, which grew to 36% in the quarter ended November 30, 2010, as compared to 15% in the prior quarter ended August 31, 2010.
Loss from operations and net loss for the three months ended November 30, 2010 were $673,000 and $677,000, respectively. Basic and diluted net loss per common share was $(0.03). This compares to a loss from operations and net loss for the prior quarter ended August 31, 2010 of $652,000 and $656,000 and a basic and diluted net loss per common share of $(0.03). Net loss increased by 3% in the quarter ended November 30, 2010 compared to the prior quarter ended August 31, 2010.
"We are pleased with our performance in what is only our 5th quarter of operations. In this short amount of time we have achieved a tremendous amount in rolling out a retail concept that we believe is so powerful, Bill the Butcher will be to organic meat what Starbucks is to coffee," stated Bill the Butcher CEO, J'Amy Owens.
"Our numbers are already proving the efficacy of our brand and our business model. We've just had a strong quarter, the second strongest on record, coupled with margin improvements with a gross profit of 36%. In the second quarter of fiscal 2011 we're looking to drive further sales and margin efficiencies through launching our new store in Edmonds, identifying additional store locations, as well as signing a lease for our regional meat commissary," Owens concluded.

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The ECB's New Clothes

At some point the people in the town’s square had to acknowledge that all the available evidence did indeed indicate, all else being equal, that the Emperor was quite naked; the new clothes theory was merely wishful thinking and not a reasonable conclusion. Oh yes, there was no way around it, rational analysis could no longer be denied, it was the Emperor’s birthday suit that was on display and not an elegant new finery. “But he hasn’t got anything on,” never rang more true. The good people of the town did not want it to be this way, after all, they had done their best to convince themselves otherwise, but at the end of the day there was no way around it, plain as it could be, their Emperor was naked.


Back in May 2010 when the EU/ECB and IMF developed a strategy to prevent a Greek financial collapse, all the participants said that debt restructuring was not a part of the talks. Last week, when the German Finance Ministry denied the report in Die Zeit, that there was a plan under consideration that would help Greece buy back its own securities, they stressed, “We are not working on a restructuring of Greek debt.” Greece’s government also reiterated that its position on debt restructuring was unchanged, no discussion of it, they said. But, if they can be taken at their word, these may be the only people, among those that have an iron in the fire, who are not contemplating such a scenario. It seems to me that regardless of the development of the next great plan to solve the problem of euro-peripheral debt, there have been more constituents willing to admit that restructuring, at least some form of it, is more likely than not.
But there are many competing interests, even within single countries. Germany, for instance does not want to always be the rich uncle to its more needy nieces and nephew in the EU. This reluctance has given rise to the euro-skepticism amongst the people of the country, which has become an important political calculation for Chancellor Merkel and her ruling coalition, especially with elections in seven of the sixteen German states from February through September this year; so there is a need to draw a line in the sand. Additionally there is a law suit working its way up to Germany’s highest court that challenges the legality of the Greek bailout and euro rescue fund. But on the other hand Merkel has concern for German bank holdings of the debt from the troubled periphery and she is more than aware that forty percent of German exports find a home in the Eurozone; the single currency has supported this trade relationship in a way that a surging D-Mark would not. Conversely, for all the good that membership in the EU may have done for the prospects of countries such as Greece, Ireland or Spain, now that times are tough they have lost the ability to a unilateral devaluation of their currency unit and instead must endure an austerity that has resulted in unemployment rates that are as high or higher than those that prevailed before monetary unification. And it is possible that popular sentiment among the people in these nations could force their governments’ hand; with the upcoming Irish election being front and center.
A key part of the bailout plan devised last May was the European Financial Stability Facility (EFSF). This Luxembourg corporation was created “for the purpose of making stability support to euro-area Member States in the form of loan facility agreements and loans made thereunder of up to EUR440 billion within a limited period of time.” The immediate concern was the ability of Greece to fund itself at a rate that it could afford, but of course the size of the commitment was such that it could go beyond that country if necessary. This is not to say the EFSF was funded with that much money, but that it would sell debt to raise those funds and that their debt offerings would be backed by “irrevocable and unconditional guarantees of the euro-area Member States.” Germany’s commitment to the new facility was EUR119 billion, or twenty seven percent of the entire kitty.
Now comes the new idea, one that is a morphing of the stated intention of the EFSF framework agreement in a manner that is not dissimilar to the repurposing that took place for the TARP in the US. The latest “permanent” solution to the debt crisis is to allow Greece to use EFSF funds to buy back their own debt, or some variation of that theme. “Such a package would involve a big increase in the existing EUR440 billion bailout fund,” writes Wolfgang Munchau in the Financial Times. But, he adds, “The EFSF needs more headroom to lend to Portugal, and even to Spain if needed. It may also need funds for other bond repurchases besides any large Greek programme.” Munchau says “The economic benefit of an EFSF bond swap programme would be to reduce interest rates on Greek debt, while also in effect rescheduling debt repayments. It would be market driven, too. No one would be forced into a ‘haircut’, in which some bond holders take involuntary losses. The risks to the EFSF are also moderate because secondary market prices are very low and already reflect certain default probability.” It all sounds so good why wouldn’t other countries that are now strained and paying for it with the high yields the market is demanding in order to sell debt, also opt for it. And if that is the case then the size of the EFSF must indeed grow and that of course means that so too will the “irrevocable and unconditional guarantee” for all Member States, including Germany, the one that is footing most of the bill. German Chancellor Merkel has of course already suggested that in a couple of year’s time there must be someone other than EU participants that are on the hook in case of an ongoing debt debacle. And she is not willing to up the German ante to the EFSF, so it seems that the latest solution will be road blocked in Berlin; although there are talks on the matter this week between Merkel and European Commission President Jose Manuel Barroso.
It is probably wrong to call all of these plans solutions, it is more apt to say they are postponements of the day of reckoning. They bought some time and that may turn out to be a valuable asset, but to delay the inevitable much longer may work against the cause; at least that is what The Economist magazine suggested in a recent editorial. “Restructuring is now more clearly affordable than it was last year,” they say, “It is also surely cheaper for everybody than it will be in a few years’ time. Hence the need for plan B…This newspaper does not advocate the first rich –country defaults in half a century lightly. But the logic for taking action soon rather than later is powerful. First, the only plausible long-term alternative to debt restructuring—permanent fiscal transfer from Europe’s richer core (read Germany)—seems to be a political non-starter. Some of Europe’s politicians favour closer fiscal union, including euro bonds, but they are unlikely to accept budget transfers big enough to underwrite the peripheral economies’ entire debt stock.” Their argument continues, “Second, the dangers from debt restructuring have diminished even as the costs of delay are rising. Eight months ago, when euro-zone governments and the IMF joined forces to rescue Greece, their determination to avoid immediate restructuring made sense. There were reasonable fears that default could plunge Greece into chaos, precipitate bond crises in the euro zone and spark a European banking catastrophe.” However they no longer see the benefit for kicking the can down the road. “At the same time the costs of buying time with loans have become painfully clear. The burden on the countries that have been rescued is enormous. Despite the toughest fiscal adjustment by any rich country since 1945, Greece’s debt burden will, on plausible assumptions, peak at 165% of GDP by 2014. The Irish will toil for years to service rescue loans that, at Europe’s insistence, pay off the bondholders of its defunct banks. At some point it will become politically impossible to demand more austerity to pay off foreigners. And the longer a restructuring is put off, the more painful it will be, both for any remaining bondholders and for taxpayers in the euro zone’s core. The rescues of Greece and Ireland have increased their overall debts while their private debts fall, so that a growing share will be owed to European governments. That means that the write-downs in any future restructuring will be bigger. By 2015 for instance, Greece could not reduce its debt to a sustainable level even if it wiped out the remaining private bondholders.”
It would seem to me that the time to admit the nakedness of the situation could be sooner rather than later and most likely with little warning.

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Dolphin Digital Media (OTCBB:DPDM): Studio Division Heats Up

Dolphin Digital Media (OTCBB:DPDM) a creator of secure social networking websites for children utilizing groundbreaking fingerprint identification technology, today announced that it has contracted to provide production and post-production services for the exciting new web and television series, What's Up, Warthogs!, through its Dolphin Digital Studios division.

Created by Alex Diaz & Julie Sagalowsky, What's Up, Warthogs! is a high school-set comedy which follows arch-rivals Eric Ortiz (Tiago Abreu) and Victoria Jagger (Karissa Staples) as they work to transform their school's morning announcements into an "entertainment extravaganza." Dean Batali (That 70's Show, Buffy the Vampire Slayer) served as Executive Producer for the production.

Canadian-based production company Aircraft Pictures is producing the series, which recently wrapped production in Toronto. Bill O'Dowd, CEO of Dolphin Digital Media, will be an Executive Producer on the project and will take an active role in the marketing and distribution of the property worldwide. What's Up, Warthogs! will premiere on the Family Channel, Canada's leading children's television network, as well as at www.family.ca, Family Channel's destination website for its audience.

"What's Up, Warthogs! is a special property in that it works equally well as both online and on-air entertainment," states Bill O'Dowd. "Also, it's just downright funny. We're excited to be involved with Warthogs, which we see as a perfect showcase for the capabilities of Dolphin Digital Studios."

Dolphin Digital Studios was launched in September 2010 and has already serviced an original web series, Aim High, that is a co-production between Warner Bros. Digital Distribution and Dolphin Entertainment.

"To be involved in two high-profile projects with major studio and network partners within six months of launch speaks to the quality of the work and the potential for Dolphin Digital Studios," continues O'Dowd. "It's an exciting time at the company, and we're looking forward to announcing other exciting opportunities that we have in development for 2011."

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Donini, Inc. (PINK: DNNC) Technical Stock Trading Video Chart

Today Penny Payday brings you a video chart for Donini, Inc. (PINK: DNNC), a PINKSHEET company and one of many you can find at Pennypayday.com.

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3 Things to Know Before Trading Today

*Stocks were mixed in Asian trade. Shanghai was up one and a half percent and the Nikkei gained 0.75%, but the Hang Seng lost a quarter percent and Australia was down a slight fraction. European indexes are generally higher on the session; currently the Dax is up by more than a half percent and the Footsie is higher by 0.3%. US stock futures are up a slight fraction.

*S & P cut Japan’s credit rating to AA- from AA. The country had been a “negative watch” for the last year, and in that context the ratings cut was not a complete surprise.

*The December reading of Japan’s Trade Balance was a surplus of Y707 billion, well above the estimate for a relatively steady reading of Y524 billion. Exports were better than forecast with an annualized gain of 13%.

*German states have been releasing the January readings of their Consumer Price Index this morning, among the results are: Saxony -0.5% month on month and +1.9% year on year; Brandenburg -0.5% and +1.5%; Hesse -0.5% and +1.6% and Bavaria -0.3% and +2.0%. The national CPI reading for January is due out later this morning, it is expected to be -0.3% on a month on month basis and +2.2% annualized.

*The Confederation of British Industry reports that their January index for retail sales fell sharply from 56 down to 37, which was one point under the forecast, it was the first decline in three months.

*Caterpillar says their Q4 eps was +$1.47, almost twenty cents better than expected. ATT is also among the companies reporting earnings today, they beat estimates by a penny with an eps of +55 cents.

*There are three bits of data due to be released at 7:30am CST: the weekly report on Initial Jobless Claims is expected to be 405k; the December reading of Durable Goods Orders are forecast to be up 1.5% from the month before and up 0.9% ex-transportation orders; and the estimate for the December reading of the Chicago Fed National Activity Index is +0.11, up from -0.46 in November. The December reading of Pending Home Sales is due to be released at 9:00am CST, it is expected to be +1.0% month on month.

*The weekly report on inventories of Natural Gas is due out at 9:30am CST, it is expected to show a decline of 170 bcf.

*The Fed is scheduled to buy Treasuries today that are due to mature between 7/31/12 and 7/15/13; the results of the operation will be announced just after 10:00am CST.

*The Kansas City Manufacturing Index is due out at 10:00am CST, there is no estimate for the result.

*The Treasury plans to sell $29 billion 7 Year Notes today; the results of the auction will be announced just after noon CST.

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5 Things to Keep in Mind While Trading Today

THE DAY AHEAD

January 26

*Stocks in Asian trade were generally higher on the session, although the Nikkei was an exception with a 0.6% loss. But Shanghai was up more than one percent, Australia added about a half percent and the Hang Seng was up a quarter percent. European indexes are broadly higher with both the Dax and Footsie currently up one and a quarter percent or more. US stock futures are higher by a quarter to a third percent as I write.

*The Bank of Japan reiterates that their economy will gradually overcome its current deceleration and return to a moderate recovery path, according to their Monthly Economic Report.

*The December reading of Germany’s Import Price Index rose 2.3% on a month on month basis, almost twice the monthly gain that was anticipated. The annualized rate is now +12.0%, up a couple percent from the month before.

*The Bank of England voted 6-2-1 to hold policy steady earlier this month, according to the minutes from their most recent policy meeting; as Weale joined Sentance by voting in favor of a 25 basis point rate hike. Although they saw significant downside risks to UK growth, there was also the risk that the CPI remains above the target in the medium term.

*In December in the UK there were 28,726 loans for house purchase, according to the British Bankers Association, under the estimate and down about a thousand from the month before.

*US mortgage applications were down 12.9% in the week ended January 21, according to the Mortgage Bankers Association, and are now at the lowest level in two years.

*Among the companies that are reporting earnings today is Boeing says Q4eps was +$1.11, matching the estimate, but revenues were light at $16.55 billion, the forecast was $17.04 billion.

*The December reading of New Home Sales is due out at 9:00am CST. Sales are expected to be up 3.5% on the month for an annualized rate of 300k units.

*The weekly report on energy inventories is due out at 9:30am CST. Stocks of Crude Oil are forecast to increase 1.2 million barrels, Gasoline inventories are expected to rise 2.3 million and the estimate for Distillates is -500k.

*The Fed is taking the day off from buying Treasuries today.

*The Treasury plans to sell $35 billion 5 Year Notes today; the results of the auction will be announced just after noon CST.

*The FOMC wraps up their two day meeting today and will release their post-meeting statement at about 1:15pm CST.

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Genta Inc (GNTA.OB) Technical Stock Trading Video Chart

Today Penny Payday brings you a video chart for Genta Inc (GNTA.OB), a OTCBB company and one of many you can find at Pennypayday.com.

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Thwapr (OTC:THWI) Announces Stock Split

Thwapr, Inc. (OTC:THWI), a service for mobilizing and monetizing branded video content, today announced that the Board of Directors of the Company has approved a 3-for-1 common stock split. Shareholders of record on February 4, 2011 will receive two additional shares for each share held.

The stock split will be effected in the form of a stock dividend which will be paid in newly issued common stock to stockholders subject to approval of the stock split by FINRA. As of January 24, the Company had 17,345,265 shares of common stock outstanding. After the stock split, the Company will have approximately 52,035,795 shares of common stock outstanding.

Commenting on the split, Bruce Goldstein, Thwapr's CEO, stated, "After several discussions with advisers and various institutional investors, the board elected to enact a 3 for 1 forward stock split of its common shares. The board determined this decision to be in the best interest of the Company and its shareholders as it will decidedly expand the number of shares in the marketplace and serve as an intent for ongoing discussions with institutional investors. The existing shareholders have earned this reward through their continued investment support of the Company this past year. We are excited to enter 2011 with many promising developments and look forward to providing continual announcements as these developments come to fruition."

Founded in 2007, Thwapr is a mobile video sharing service that allows brands to mobilize and monetize content, extending its distribution reach while delivering the highest possible quality and user experience regardless of device, network or carrier.

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China Green Energy (OTC:CGRE) Makes Acquisition

China Green Energy Industries, Inc. (OTC:CGRE) today announced it has acquired the NICONIA LEV brand and retail sales network. The NICONIA brand is owned by Changzhou Benshen Bicycle Co., Ltd. Benshen is a manufacturer of light-weight electric vehicles with a sales network of approximately 350 retail stores in China. The total purchase price for the NICONIA brand and retail sales network was approximately $3.0 million.

Mr. Jianliang Shi, Chairman and Chief Executive Officer, commented, "We are very excited about the purchase of NICONIA, a quality brand in China with over 200,000 LEV sold annually, and projected sales of more than $45 million in 2011. We entered the LEV market in 2008 and have experienced strong demand in this product category. LEV sales in China have grown at a 29% compound annual growth rate from 2005 -- 2009 and our acquisition of NICONIA is a key milestone in enabling us to accelerate growth in this segment. We expect to generate attractive gross margins from the NICONIA branded LEVs of approximately 25%, while at the same time leveraging our current production capacity to achieve economies of scale."

Mr. Shi concluded, "This acquisition significantly alters our product mix, with revenue from LEV sales expected to comprise 54% of our overall revenue in 2011 versus 1% of our revenue in 2009. China is one of the largest consumers of LEVs in the world and we look forward to becoming a recognized leader in this highly fragmented industry."

China Green Energy Industries is a manufacturer and distributor of high tech and environmentally-friendly consumer products. The company has three main product lines: light weight electric vehicles (LEV), cryogen-free refrigerators, and network/HDMI cables.

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Steele Resources (OTC:SELR) Signs $10M Financing Agreement

Steele Resources Corporation (OTC:SELR) announced today that it has signed a $10.0 million drawdown equity financing agreement with Auctus Private Equity Fund, a Boston-based institutional investor.

Company CEO Scott Dockter commented on the financing saying, "Completing this funding agreement with Auctus is an excellent step for the continued development of our precious metals exploration properties. With this in place, we have committed financing for future development that we will be able to take advantage at the appropriate time."

Mr. Dockter continued, "This financing does not address the short term capital needs of the Company, nor is it intended to do so. We are currently reviewing offers for short term financing that, if accepted, will enable the Company to complete its acquisition of the Mineral Hill Exploration project in Pony, Montana, as well as provide for the first major development of that property."

Pursuant to a Registration Rights Agreement, the Company intends to register up to 20 million shares of its common stock with the Securities and Exchange Commission. Upon such registration being declared effective the Drawdown Agreement allows the Company, at its discretion, to sell to Auctus up to $10 million of its common stock from time to time over a 36-month period. The Company will have the right, but no obligation, to sell stock to Auctus in amounts up to $500,000 per week depending on certain conditions as set forth in the Drawdown Agreement.

Steele Resources Corporation is a precious metals exploration and development company operated by professionals with extensive exploration, mining, and public market experience.

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NAPCO Security (NSSC) Sales Up with Rising Crime and Police Cutbacks

Statistics on what’s happening with the crime rate in America are a matter of perception. Data is data and is gathered in an attempt to supply “black and white” information to provide an unbiased view of the overall picture. So, when the debate over the status of crime in our country is initiated in our Nation’s Capital, a local municipality or even amongst friends over dinner; people will generally defend their stance based on statistics and selectively decide which data to use that best reflects their opinion.

Peter F. Vallone, Jr., Chairman of the New York City Council's Public Safety Committee, wrote recently on this topic with respect to NYC. Mr. Vallone’s words brought light to the way crime statistics are compared to statistics from two decades ago to show that crime is down, which is accurate when compared in that manner, but quickly pointed out the rash of crime that is spreading again throughout the boroughs and beyond. When comparing crime data to recent years, Mr. Vallone calls the data “alarming” and does not expect it to get better in the near future considering police staff lay-offs as a result of budget cuts and legislation and initiatives that were designed to empower the police and secure the streets being modified or even eliminated; making the likelihood of an increase in criminal activity even greater.

To get the opinion of someone who is directly impacted by crime in the U.S. from a corporate perspective, we spoke with Richard L. Soloway, CEO of Amityville, NY-based NAPCO Security Technologies, Inc. (NASDAQ:NSSC). NAPCO manufactures alarms, locking products and access controls for more than 10,000 security dealers and locksmiths who service residential and commercial establishments. Mr. Soloway explained that the recession and slowing of commercial construction has affected that end of their business, but criminal activity, including home invasions, has led to a rise in residential security equipment sales over the last three quarters. Echoing the sentiments of Mr. Vallone, Mr. Soloway commented, “Check the headlines and recent statistics and I think that you will see it’s pretty clear that crimes are on the rise and that fact is reiterated in our sales. I don’t expect a reversal in this trend anytime soon as more and more people are realizing the importance of securing and protecting their property.” He continued, “We are seeing hints that commercial applications are starting to pick back up as well and believe that the reasoning is two-fold based on discussions with our customers. Primarily, because of heightened awareness of rising crime and decreasing numbers of police, companies are looking to our systems and equipment to monitor and secure their premises. Additionally, the economy is continuing to recover which naturally returns demand for our products as companies want to detour criminals and properly protect new builds immediately.”

No matter if a person wants to compare data from 2011 to 1990, 2005 or 1920 is really not what is important, although the comparisons will continue to be made as people continue to try and make their point. The vast majority of our population will agree that even one crime is too many, but we must be realistic, not idealistic, and understand that crime is basically inevitable as there will always be those who prey on others through the element of surprise for their own benefit. The budget cuts resulting in slashing law enforcement teams is a travesty and being used by these brazen criminals looking to capitalize on fewer police being on the street. Spend a few minutes reading on how bold robbers are getting and what the experts are saying. You will find a few common threads in the literature: crime is on the rise and don’t get caught off guard. Protect yourself, your family and property.

Legal Notice / Disclaimer

This document is not and should not be construed as an offer to sell or the solicitation of an offer to purchase or subscribe for any investment. Andrew Klips (“the author”) has based this document on information obtained from sources he believes to be reliable, but which has not been independently verified; the author makes no guarantee, representation or warranty and accepts no responsibility or liability as to its accuracy or completeness. Expressions of opinion are those of the author only and are subject to change without notice. The author assumes no warranty, liability or guarantee for the current relevance, correctness or completeness of any information provided within this Report and will not be held liable for the consequence of reliance upon any opinion or statement contained herein or any omission. Furthermore, the author assumes no liability for any direct or indirect loss or damage or, in particular, for lost profit, which you may incur as a result of the use and existence of the information provided within this Report.

The author owns no shares of NSSC.

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Applied DNA Sciences (APDN) Signs “Bo” Dietl to Showcase DNA Tools to FBI, Police and Security Firms

In any industry, a company goes for the “big gun” in order to take sales of its product to the next level. For instance, Nike signed Michael Jordan to slam dunk basketball shoe sales several years ago. Wrangler went to Brett Favre due to his appeal as a “good ol’ country boy” in order to try and sell more of its jeans. Getting a superstar that is widely regarded as an industry-expert is the pinnacle of marketing and the goal of any company.
In the world of law enforcement and forensics, the superstar is Richard “Bo” Dietl. Mr. Dietl retired as a detective for the New York City Police Department as one of the most highly decorated officers in its history with thousands of arrests to his credit. President George Bush appointed Bo as Co-Chairman of the National Crime Commission. Governor George E. Pataki appointed Mr. Dietl Chairman of the New York State Security Guard Advisory Council. Presently, he works as a consultant through his company, B&E Advising LLC, where he consult with countries, diplomats and Fortune 100 companies on security practices.

Stony Brook, NY-based Applied DNA Sciences, Inc. (OTCBB:APDN) announced yesterday that it has come to terms with Mr. Dietl and B&E to assist in the promotion of Applied’s products and services to law enforcement and private security firms. You could say that a man of Bo’s experience has “been around the block” once or twice, to say the least, and has been involved with plenty of new products that have come and gone. Mr. Dietl’s excitement for Applied DNA’s forensic and authentication technologies is evident in his interview that is available on YouTube at http://www.youtube.com/user/AppDNASciences#p/a/u/0/6zKOOPIT6pc. Let’s just hypothesize that Adidas takes a new pair of football cleats to Adrian Peterson and the guy gets a smile on his face about how fantastic they are. Think Adidas is going to be happy? The agreement with Mr. Dietl brings an unprecedented level of global validation of Applied’s next generation of crime fighting tools as the resident expert has granted his seal of approval.

As Mr. Dietl explains in the video, DNAnet can be applied to any surface for a variety of applications including being a mode of linking criminals to crime or a way to 100 percent authenticate any object. It can be sprayed on or wiped on and cannot be wiped away or washed off in any manner. The technology has become vital overseas in the UK and Europe and has been used in the conviction of more than twenty criminals already with its momentum building as a result of its proven success rate.

Crime is on the rise and criminals are becoming both brasher and more devious at the same time. With police forces being cut due to reductions in budgets and unsubstantiated greed perpetuating a cycle of counterfeiting and theft; companies, individuals and governments are searching for a tool to combat the situation. What Applied DNA Sciences has to offer is certainly cutting-edge and clearly growing in popularity. Getting not only an endorsement, but the concentrated efforts, of a person the caliber and with the industry connections as Bo Dietl just may perk-up the ears of investors to see where this will lead with contracts in the future.

Legal Notice / Disclaimer

This document is not and should not be construed as an offer to sell or the solicitation of an offer to purchase or subscribe for any investment. Andrew Klips (“the author”) has based this document on information obtained from sources he believes to be reliable, but which has not been independently verified; the author makes no guarantee, representation or warranty and accepts no responsibility or liability as to its accuracy or completeness. Expressions of opinion are those of the author only and are subject to change without notice. The author assumes no warranty, liability or guarantee for the current relevance, correctness or completeness of any information provided within this Report and will not be held liable for the consequence of reliance upon any opinion or statement contained herein or any omission. Furthermore, the author assumes no liability for any direct or indirect loss or damage or, in particular, for lost profit, which you may incur as a result of the use and existence of the information provided within this Report.

The author owns no shares of APDN.

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Microfluidics (OTC:MFLU) Gets $1.35 Offer from IDEX Corp (NYSE:IEX)

IDEX Corporation (NYSE:IEX) today announced that its wholly-owned subsidiary, Nano Merger Sub, Inc., has commenced its tender offer for all outstanding shares of Microfluidics International Corporation (OTC:MFLU) at a price of $1.35 net per share in cash. IDEX and Microfluidics previously announced that they had entered into a definitive merger agreement for IDEX to acquire Microfluidics.

The Board of Directors of Microfluidics has unanimously determined that the offer and the merger are fair to and in the best interests of Microfluidics and its shareholders, approved and declared advisable the merger agreement and the transactions contemplated thereby, including the offer, and recommended that holders of shares of Microfluidics common stock accept the offer and tender their shares in the offer.

There is no financing condition to the tender offer. The tender offer is subject to certain conditions set forth in the Offer to Purchase referenced below, including successful tender of a majority of the outstanding shares of Microfluidics common stock.

Unless the tender offer is extended, the tender offer and any withdrawal rights to which Microfluidics’ shareholders may be entitled will expire at 12:00 midnight, New York City time, on Thursday, February 24, 2011. Following the acceptance for payment of shares in the tender offer and completion of the transactions contemplated by the merger agreement, Microfluidics will become a wholly owned subsidiary of IDEX.

IDEX Corporation is an applied solutions company specializing in fluid and metering technologies, health and science technologies, dispensing equipment, and fire, safety and other diversified products built to its customers' exacting specifications. Its products are sold in niche markets to a wide range of industries throughout the world. IDEX shares are traded on the New York Stock Exchange and Chicago Stock Exchange under the symbol "IEX".

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5 Things to Keep in Mind While Trading Today

THE DAY AHEAD

January 25

*Stocks were mixed in Asian trade. The Nikkei was among the best with a 1.1% gain, and Australia was up almost a half percent, but Shanghai was down two thirds of a percent and the Hang Seng lost a slight fraction. Mixed results so far in Europe as well; the Dax is currently up a third of a percent, while the Footsie is off by that much. US stock futures a down a fraction as I write.

*The Q4 reading of Australia’s Consumer Price Index was three tenths less than expected for both the month on month result, +0.4% and annualized at +2.7%.

*The Bank of Japan kept policy steady across the board; the key overnight rate was unchanged at 0.10 and the totals for the asset purchase and credit loan programs were also unchanged. BoJ boss Shirakawa says the economy will soon emerge from its slump and that it is heading in a desirable direction.

*The Q4 reading of the UK GDP was a complete surprise, it was down 0.5% on a quarter on quarter basis, well below the forecast for +0.5%. On a year over year basis growth was +1.7%, also missing the estimate, which was +2.6%. In part, they blame the coldest December in a century that cut into retail, services and construction.

*Dow component 3M reports Q4eps of +$1.28, beating the estimate by a penny; revenues were $6.7 billion which was just above the $6.6 billion estimate. Another member of the Dow, Johnson and Johnson reports Q4 eps of +$1.03; they say sales were $15.64 billion, under the estimate for $16.01 billion.

*The weekly report on chain store sales from ICSC showed a decline of 1.2% on a week on week basis for the week ended January 22; this is the third weekly decline in a row, but sales for the week were +2.8% when compared with the same week from a year ago. The Johnson Redbook report on the same thing is due out at 7:55am CST.

*The November reading of the Case/Shiller Home Price Index is due out at 8:00am CST. It is expected that prices are down 1.60% on a year over year basis and lower by 0.8% month on month. The January reading of Consumer Confidence is due out at 9:00am CST, it is forecast to rise to 54.0 from a December result of 52.5. Also set for release at 9:00am is the FHFA House Price Index, it is expected to be unchanged from the month before.

*The Richmond Fed Manufacturing Index is due out at 9:00am CST, it is forecast to fall two points on the month to 23.

*The Fed is scheduled to buy Treasuries today that are due to mature between 1/31/15 and 6/30/16; the results of the operation will be announced just after 10:00am CST.

*The FOMC begins their two-day policy meeting today, but no word from them until tomorrow afternoon.

*The Treasury plans to sell $35 billion 2 Year Notes today; the results of the auction will be announced just after noon CST.

*President Obama will present the State of the Union Address at 8:00pm CST.

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Kingold Jewelry (KGJI) Technical Stock Trading Video Chart

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Bioheart (OTC:BHRT) Announces $4M in Equity Financing

Bioheart, Inc. (OTC:BHRT) announced today that it has entered into an agreement with AnC Bio Holdings, Inc., a South Korean biomedical company, and one of its U.S. agents for a $4 million equity investment. Bioheart has designated proceeds from the investment to advance the current clinical evaluation of its cell therapies for treating heart failure and related cardiac diseases. As I write, shares of Bioheart are down 13 percent at $0.26 per share on volume of 50,000 shares.

Alex Choi, Chairman and CEO of AnC Bio Holdings, Inc. stated, "We are very excited to invest in Bioheart to help advance their late stage clinical trials. This is a perfect collaboration that can help to support Bioheart's promising treatment for millions of heart failure patients in the world." Mr Ariel Quiros, President of AnC Bio Holdings USA added, "We think that there is an excellent opportunity to revolutionize the care of heart failure patients worldwide."

Mike Tomas, Bioheart's President and CEO added, "Bioheart's trials include the phase II/III MARVEL study for MyoCell and the REGEN Phase I Dose Escalation Study for the 2nd generation product MyoCell SDF-1. Bioheart is pleased to secure the funds necessary to continue our clinical trials as we are committed to bringing to market a viable cell-based alternative to today's current therapies."

In addition, an advisory board consisting of prominent doctors and scientists in the US is helping to develop a third study for class IV advanced heart failure patients called the LVAD + Cell Bridge to Recovery Phase I/II study. Bioheart is in current discussions with potential strategic partners in the LVAD industry.

For more information visit: www.bioheartinc.com.

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Hipso Multimedia (OTC:HPSO) to Acquire Groupe Pagex for $1.5M

Hipso Multimedia Inc (OTC:HPSO) today announced that it has executed a purchase agreement to acquire a private telecommunications company named Groupe Pagex Inc., which owns and operates an existing telecommunications network in Quebec City, and surrounding Lac St-Jean and Beauce areas. Hipso Multimedia last traded on January 20, 2011 at a price of $0.13 per share and averages just over 50,000 shares traded per day.

Groupe Pagex specializes in the implementation and management of IP and Wi-Fi networks in the commercial and residential market. They have generated $1.7 million dollars in sales for the last year.

Rene Arbic, CEO of Hipso Multimedia Inc. stated: "The closing of this synergistic acquisition expands our ever-growing network footprint and recurring revenue base. We expect the integration of the two companies will provide exceptional synergy for our growing team and customer base. We are extremely confident that this transaction will greatly improve shareholder value in the future."

Hipso is purchasing Groupe Pagex Inc for approximately $1.5 million dollars. The transaction is subject to completion of a due diligence and financing, as well as customary closing conditions and adjustments. The effective date for the purchase is Jan. 18, 2011, with closing anticipated to be April 15th, 2011.

Hipso Multimedia, through its wholly owned subsidiary Valtech Communications Inc., provides technology and service in the triple play telecommunications industry. It intends to become a major force in the IPTV (Internet Protocol Television Broadcasting) arena in retail and wholesale markets.

For more information visit: www.HIPSO.tv

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VitaminSpice (OTC:VTMS) Signs Agreement with West and Associates

VitaminSpice (OTC:VTMS) is proud to announce that it has entered into an agreement with West & Associates, LLC. Shares of VitamSpice were down 4 percent at $0.33 per share on volume of nearly 900,000 shares compared to its average daily volume of just over 400,000 shares. VitaminSpice has a 52-week range between $0.04 and $0.65 per share and a market cap of $45 million.

West & Associates is a minority owned firm with significant experience in GSA contracts, DoD, and Public Sector Sales. "We are excited to work with VitaminSpice. There is already significant interest in VitaminSpice Products with our public sector clients, including the Department of Defense, specifically the Navy," stated Shilo West, President of West & Associates.

"Significant Military and GSA contracts require the type of specific expertise and understanding that West & Associates can provide. VitaminSpice is a perfect fit for the DoD and will provide additional nutritional benefits for the men and women serving in various branches of the Military. The response has been very positive from the Navy in particular," stated Edward Bukstel, CEO, VitaminSpice.

The Department of Defense Combat Feeding and Research Program (CFREP), provides a research, technology and engineering base for combat feeding systems. The Military Nutrition Division at the U.S. Army Research Institute of Environmental Medicine (USARIEM) has been at the forefront of physical, physiological, and nutritional requirements research to address the needs of modern military personnel.

VitaminSpice sells vitamin-, mineral- and antioxidant-infused spices and food products. Their offerings include Crushed Red Pepper, Ground Black Pepper, Italian Seasoning, Ground Cinnamon and Granulated Garlic. A proprietary micro-encapsulation process keeps vitamin properties locked inside, even when heated, allowing the seasonings, condiments, and food products to retain their full flavor.

For more information visit: www.vitaminspice.net.

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Sunvalley Solar (OTC:SSOL) Signs New $1.4M Contract

Sunvalley Solar (OTC:SSOL) announced today that it has signed a commercial solar installation contract with Aqua Farming Tech, Inc. in the city of Thermal, California. Shares of Sunvalley Solar were very active today gaining more than 60 percent to just over 2 cents per share on very heavy volume of nearly 50 million shares.

The system size of this contract is 294.88 kilowatts and is comprised of 3140 solar panels from Tianwei Solarfilms and two 100KW and two 35KW solar inverters from PV Powered. The total contracted value is approximately $1,375,550. The contract is supported by ~$646K of solar incentive rebates from the local utility company and ~$405K of Federal Tax Cash Grants from the Federal Treasury Department.

The solar system is expected to generate 506 Kilowatt hours of electricity annually. During the peak months of May through October the system will generate surplus power and earn credits with Imperial Irrigation District Utility, offsetting the less sunny winter months.

Installation of the Aqua Farming Tech, Inc. 294.88KW solar system and other systems in the Palm Desert area will begin in early 2011.

Sunvalley Solar is a solar system solution provider that offers comprehensive solar energy technology, system design, installation, equipments, and technical support for electrical contractors, builders, homeowners, businesses/commercial buildings, and government entities that assist them in lowering of utility bills, reducing environmental impacts, and increasing energy reliability and independence through solar energy.

To learn more, visit www.sunvalleysolarinc.com.

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Iveda Solutions (OTC:IVDA) to Acquire MEGAsys Taiwan

Iveda Solutions (OTC:IVDA) announced today the signing of a definitive agreement to acquire MEGAsys Taiwan in a share exchange transaction. The consummation of the acquisition is subject to Taiwan Foreign Investment Commission Agency approval. Iveda Solutions is a very lightly traded stock with an average volume per day below 1,000 shares and a 52-week range between $1.00 and $1.40 per share.

Iveda Solutions is a pioneer in video hosting and real-time surveillance utilizing cloud computing. MEGAsys designs and integrates electronic security and surveillance products, software, and services. The combined company will provide customers with a wider set of cost-effective surveillance solutions with greater opportunity for growth into the global market, particularly in Asia.

"Our recently acquired government agency customer in Mexico, our engagement with a security technology industry insider in Europe, and this acquisition are all in line with our global expansion plans," said David Ly, President and CEO of Iveda Solutions. "The Asian market reach that MEGAsys brings to the table is key to Iveda Solutions' global growth."

MEGAsys has established relationships with key customers in Taiwan and neighboring countries including the Taiwan Stock Exchange, Taiwan's International Airport, Shanghai Commercial and Savings Bank, Taipei County Police Bureau and Traffic Control, Beijing Capital Airport, Hong Kong HSBC ATM System, China HSBC Bank (Guangzhou), Malaysia - Prime Minister's Residence, Hong Kong IBM Asia Headquarters, Regal Hong Kong Hotel, Shanghai China Bank, and Egypt - Pyramids of Giza.

"MEGAsys is looking forward to working side by side with Iveda Solutions in Asia and the U.S., combining our individual strengths for more robust security solutions for our customers," said I.H. Shiau, President of MEGAsys.

Iveda Solutions recently engaged with Windstone Capital Partners and Source Capital Group to assist the company in a capital raise up to $10 million to fund its domestic and international growth plans.

For more information on Iveda Solutions visit www.ivedasolutions.com.

For more information on MEGAsys Taiwan visit http://www.tdi-megasys.com/english/.

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Javo Beverage (OTC:JAVO) Files for Chapter 11

Javo Beverage Company (OTC:JAVO), a leading supplier of premium dispensable coffee and tea-based beverages to the foodservice industry, announced today that it will file a voluntary petition for reorganization under Chapter 11 of the U.S. Bankruptcy Code in the U.S. Bankruptcy Court for the District of Delaware. Shares of Javo were down 60 percent in early trading this morning at sub-penny prices on heavy volume of nearly 5 million shares.

In conjunction with the filing, the Company entered into a binding Plan Commitment Letter Agreement with Coffee Holdings, LLC ("Holdings"), its largest investor, to co-sponsor a prearranged plan of reorganization ("Plan") that they intend to file by February 7, 2011. The restructuring transaction embodied in the Plan will significantly deleverage the Company's capital structure and provide the working capital the Company needs to continue to service its customers and build its business.

Holdings will provide debtor in possession financing of up to $3.15 million, allowing the Company to continue its operations, and additional exit financing to properly capitalize the Company that today services thousands of beverage locations in the U.S.

In addition to the filing of the Chapter 11 case, Javo has filed for the Bankruptcy Court's consideration several "first day" motions on an expedited basis, concerning its employees, critical vendors, and customer pricing and other programs in order to be able to continue to operate in the ordinary course through the bankruptcy proceeding.

"This is an unfortunate but necessary means of right sizing our balance sheet and capitalization so that our underlying business can thrive. We want to assure all of the customers, suppliers and business partners who have supported us to this point that we intend to continue to supply quality products and, in general, operate the business in a normal fashion during the bankruptcy proceedings," said Stan Greanias, CEO of Javo Beverage Company.

The Company expects confirmation of the plan of reorganization by May 1, 2011.

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Defi Group, Inc (PINK: LCHL) Technical Stock Trading Video Chart

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5 Things to Keep in Mind While Trading Today

THE DAY AHEAD

January 24

*Stocks were mixed in Asian trade. The Nikkei and Australia both gained about two thirds of a percent, but the Hang Seng was down 0.3% and Shanghai lost about three quarters of a percent. European indexes are generally lower, with the Dax off by a half percent, but the Footsie is higher on the day by 0.3%. US stock futures are up a slight fraction as I write.

*China is planning to expand its moves to curb property speculation; the housing ministry will now pressure the governments of second and third tier cities to impose limits on property purchases, especially in those places that have seen large increases in home prices.

*The Q4 reading of Australia’s Producer Price Index is +0.1% on a quarter on quarter basis, below the forecast for a gain of 0.5%. Also the year on year reading was +2.7%, or five tenth below the estimate.

*The December reading of China’s Leading Economic Index was down about a half point to 100.76, the tenth decline in a row for the index.

*The January reading of Germany’s manufacturing sector Purchasing Managers Index was down a half point to 60.2, below the forecast for 60.9. The service sector PMI however rose eight tenths to 60.0, one point better than expected.

*McDonald’s reports Q4 eps of +$1.16, and Revenues of $6.21 billion. Both results were in line with expectations.

*The Fed is scheduled to buy Treasuries today that are due to mature between 7/31/16 and 12/31/17; the results of the operation will be announced just after 10:00am CST.

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CrowdGather (OTC:CRWG) Gaining Recognition

One of the leading networks of forum communities on the Internet, CrowdGather (OTC:CRWG) announced that it has recently been added to the Internet Stock Review “Watch List” for 2011. Shares of CrowdGather closed up 1 cents at $1.49 per share on volume of more than 171,000 shares.

"We are pleased to have been recognized as one of the Internet Stock Review's 'Top Internet Stocks to Watch' for Year 2011," said Sanjay Sabnani, CrowdGather’s CEO.

"We're keeping CrowdGather on our Watch List as it continues to gather steam and move further along with its goal of partnering, aggregating and consolidating independently owned Internet Forum and Internet Message Board websites from across the Internet, to its current base of over 65,000 owned and hosted forum communities. Last month CrowdGather's network served up approximately 90 million page views, just two short years after going public in 2008," stated Roland Rick Perry, editor of the Internet Stock Review.

With its growing portfolio of special interest forums and enthusiast message board communities, CrowdGather (www.crowdgather.com) has created a centralized network to benefit forum members, forum owners and forum advertisers. CrowdGather provides a highly interactive and informational social network for members, a management and revenue-sharing resource for third-party forum owners, and a largely untapped advertising network for marketers worldwide.

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Left Behind Games (OTCBB:LFBG): Aquires MyPraize

Left Behind Games (OTCBB:LFBG) a publisher of exclusively Christian video games, announced today that it has acquired the assets of MyPraize®, one of the largest Christian social media networks, established in 2005. LB Games’ CEO, Troy Lyndon, says, “The MyPraize® acquisition is strategic because it expands our reach to new customers while providing the platform to connect regularly with them.

”MyPraize currently enjoys more than 140,000 recently active subscribers. Matt Gaiser, Site Administrator for MyPraize, says, “We’ve been excited to see how our online community has thrived. Through common interests, people are connecting on a much more valuable, deeper level than Facebook.” LB Games anticipates exponential growth from this new wholly-owned subsidiary and expects MyPraize to become the #1 way Christians connect online over the next 3 years.

MyPraize Founder, Joshua Holmes, says, “Working with LB Games these past 2 months has resulted in remarkable synergy.” MyPraize 2.0 is expected to be released later this year, is written in Java, and will sport an online Christian marketplace focused on the interests of faith-based audiences, including those who buy Christian music, videos and more.

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Lithium Technology Corporation New (PINK: LTHU) Technical Stock Trading Video Chart

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Constitution Mining (OTCBB:CMIN): To Start Test Mining Production

Constitution Mining (OTCBB:CMIN) is pleased to announce that on January 18, 2011, the Company signed an agreement (the "Agreement") with Swiss Mining S.A. to start a test-mining production operation on the Company's Gold Sand's project, located in North-East Peru. Swiss Mining S.A. is currently in the business of developing, and if feasibility is determined, conducting mineral resource alluvial mining operations. As the largest operator in this area of the Amazon basin, they have the knowledge, experience and trained work force necessary to conduct an efficient operation.

Swiss Mining will be utilizing a new trommel plant with centrifugal concentrators, in order to optimize the operational footprint, and thus minimize environmental impact on this test production venture.
Constitution Mining's drilling program, which located placer ore bodies, was completed within the MIKA 2 Concession in 2010. A review of the findings made in regard to these alluvial deposits, provides the basis for this Agreement between the two companies. The Agreement designates that Swiss Mining will carry out a test mining operation on the MIKA 2 Concession, located in the Peruvian Province of Datem del Maranon, District of Manseriche. The results will be studied to determine if an expanded agreement between the parties covering a larger area is justified.

Swiss Mining will immediately begin to mobilize its equipment to the site. It expects to begin a six-month Test Mining Operation on CMIN's MIKA 2 Concession within the next four to six weeks. Costs related to this Test Mining Operation, which is expected to involve the processing of approximately 150,000 cubic meters of placer material, are anticipated to be approximately US $425,000.
Revenues, if any, from this test operation will be utilized to cover Swiss Mining's production costs in the following manner: all revenues from the sale or other disposition of ores, concentrates or minerals produced from the mineral properties ("Net Returns") shall be allocated 30% to CMIN and 70% to Swiss Mining, until the agreed upon costs of US $425,000 are fully covered. Any Net Returns beyond this cost recovery shall be divided equally between the two parties, on a 50/50 basis.
The Allocation of Net Returns is based upon a gold price in the range of US $1300 to $1500 per ounce. If the price of gold drops below US $1300 or climbs above $1500 per ounce for at least 5 consecutive business days and Swiss Mining has not recovered its costs of US $425,000, the parties may negotiate an adjustment to the 70/30 split.
CMIN has the right to monitor at its own expense, all activities performed by Swiss Mining or its subcontractors as related to this Agreement. This shall include, but not be limited to, the right to make site inspections at any time; to bring experts and consultants onsite to examine or evaluate work in progress or completed work; to examine the books, ledgers, documents, papers, and records pertinent to this Agreement; and to observe personnel in every phase of their performance of the related work.
Michael Stocker, Constitution Mining's CEO states:
"We anticipate that this test mining operation, in partnership with Swiss Mining SA, will provide valuable information with which to help shape and hopefully confirm our hypotheses regarding the suitability and cost of alluvial gold production operations on our Gold Sands properties. We are very pleased to have reached this important milestone in the evolution of our company as we believe that this is a significant step forward from drilling to actual gold production"

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XO Holdings (OTCBB:XOHO): Icaan Offers 70 cents for Outstanding Shares

XO Holdings (OTCBB:XOHO): Icaan Offers 70 cents for Outstanding Shares through ACF Industries, an entity owned by Carl Icahn, sent a letter to XO Holdings, pursuant to which ACF Holding made a non-binding proposal to acquire all of the outstanding shares which it does not own, for 70c per share in cash. ACF Holding indicated that this transaction would not be subject to its ability to obtain financing. ACF noted that in no event is ACF Holding or its affiliates prepared to be a seller of its shares in any transaction.

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3 Things to Know Before Trading

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Blue Earth (OTCBB:BBLU): Completes Merger with Castrovilla

Blue Earth, Inc. (OTCBB:BBLU) is pleased to announce that it has successfully closed its previously announced Letter of Intent (LOI) to acquire its first company, Castrovilla, Inc. Blue Earth's acquisition of Castrovilla is effective as of January 1, 2011 for $2.15 million payable in 1,279,762 restricted shares of Blue Earth common stock valued at $1.68 per share and $200,000 for debt retirement. Founded in 2004 and based in Mountain View, California, Castrovilla had approximately $3.5 million in revenues in 2010, more than double its 2008 revenues. Revenues are forecasted to exceed $5 million in 2011 with EBITDA forecasts of over $700,000, which was the basis for the negotiation of the purchase price.

"We are pleased to join the Blue Earth family and are excited about the opportunities our partnering will bring," said Castrovilla's President John Pink. "We have grown our business steadily since its inception and have developed strong relationships with several Northern California utilities as well as with several thousand small business customers. Joining Blue Earth enables us to more rapidly expand our energy efficient retrofit services and will give our existing customers the opportunity to utilize the products and services from any future Blue Earth company."

Castrovilla has served over 6,000 small businesses and several utilities in Northern California with its 25 employees. Castrovilla participates in numerous utility ratepayer-funded energy efficiency rebate programs, one of which Castrovilla successfully developed for the utilities called "Keep Your Cool". For the small businesses, it performs energy audits and comprehensive commercial refrigeration efficiency upgrades in restaurants, supermarkets, refrigerated warehouses and other businesses, saving its customers tens of millions in utility expenses.

"The acquisition of Castrovilla establishes our market presence in the energy efficiency services sector and brings a rapidly growing company to the Blue Earth family," said CEO Dr. Johnny R. Thomas. "It provides Blue Earth with seasoned business developers, important relationships with utilities and a large customer base that includes regional and national companies." The Blue Earth strategy is to sell lighting and Heating, Ventilation and Air-Conditioning (HVAC) bundled retrofits to the Castrovilla customer base, as well as to any additional acquisitions specializing in these areas that become Blue Earth family members.

"Management's primary acquisition efforts are currently focused on completion of due diligence of one potential acquisition candidate which has an innovative software platform. The importance, size and complexity of this opportunity justifies a more deliberate pace on other potential acquisitions while the Company completes its evaluation of this exciting opportunity," said Dr. Thomas.

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Alto Group Holdings (OTCBB: ALTO): Expanding Commercial Production

Alto Group Holdings (OTCBB: ALTO), a mining and commodities trade company headquartered in New York, announces management has completed the necessary application to increase the concessions license on the Bogue river gold project. This increase encompasses an additional 10 kilometers which will consolidate the property's total size to 20 kilometers of length in Mali, West Africa. Management recently completed the necessary steps to increase our existing license size an additional 10 kilometers in length under Mali mining code before commercial production plans can begin within this gold-prolific area. Once completed this event will increase the property size by 100% and give longer term sustainability to the company's planned gold production of rich gold bearing material located within this land later this year.

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Exit Only, Inc. (EXTO.OB) Technical Stock Trading Video Chart

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Legends Business (PINK:LGBS): Exotic Energy Aquisition

Legends Business Group (Pink Sheets: LGBS), an international business consulting group, is pleased to announce that it has acquired shares in a publicly traded company that specializes in exotic energy generation. Details of this acquisition will be released in the company's upcoming quarterly report.

Legends Business Group CEO, Rolando Sablon, states, "We have made great strides recently and it is our belief that this acquisition will help us move forward into the future and we look forward to the release of our upcoming quarterly report."

Legends Business Group, Inc., was incorporated in March 2006, and is a publicly traded company. The company has recently refocused its purpose and has moved itself into the alternative and exotic energy marketplace.

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3 Things to Know before Trading

Stocks were weak throughout Asia. Shanghai lost almost three percent on the day, the Hang Seng fell 1.7%, the Nikkei lost more than one percent and so too did Australia. European indexes are mixed, but the Footsie is currently lower by about one and a third percent and the Dax is off by 0.7%. US stock futures are down about a quarter percent.

*China released a lot of data last night; among the reports, all of which are on a year over year basis, were: Q4 Real GDP +9.8%, four tenths more than forecast; Year to Date GDP +10.3%, one tenth better; December reading of the Consumer Price Index hit the estimate at +4.6%; December reading of the Producer Price Index +5.9%, two tenths higher than expected; December reading of Industrial Production +13.5%, one tenth more than forecast; and December reading of Retail Sales +19.1%, four tenth above the estimate.

*The final November reading of Japan’s Leading Economic Index was revised down four tenths to 100.6, but that is still the best result since April.

*The December reading of the German Producer Price Index is +0.7%, two tenths higher than expected.

*The January reading of Switzerland’s ZEW Survey of Expectations for Economic Growth was down six points on the month to -18.4, according to Credit Suisse.

*The weekly report on Initial Jobless Claims is due out at 7:30am CST, it is expected to be 420k. The December reading of Existing Home Sales is one of three reports that are due out at 9:00am CST; Sales are forecast to rise 4.1% on the month to an annualized rate of 4.87 million units. The January reading of the Philly Fed Business Activity Index is another nine o’clock report, this is expected to be steady, at 20.8, from the revised lower December result. Leading Indicators is the third 9:00am report, it is forecast to be +0.6%.

*The weekly report on inventories of Natural Gas is due out at 9:30am CST, it is expected to show a decline of 235 bcf. The other weekly energy inventory report, delayed because of the holiday, is due out at 10:00am CST. Stocks of Crude Oil are forecast to decline 500k barrels, Gasoline inventories are expected to increase 2.5 million and the estimate for Distillates is +1.0 million.

*The Fed is scheduled to buy Treasuries today that are due to mature between 8/15/28 and 11/15/40; the results of the operation will be announced just after 10:00am CST.

*The Treasury will at 10:00am CST announce the details for next week’s auctions of 2 Year, 5 Year and 7 Year Notes.

*China President Hu is scheduled to give a luncheon address at 11:30am CST and then moves on to Chicago for a dinner with business leaders.

*The Treasury plans to sell $13 billion 10 Year TIPS today; the results of the auction will be announced just after noon CST.

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SGD Holdings, Ltd. (SGDH.OB) Technical Stock Trading Video Chart

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3 Things to Know Before Trading

*Stocks were generally higher in Asian trade. Shanghai was among the day’s best with a gain of 1.8%, the Hang Seng was up one percent, Australia added two thirds of a percent and the Nikkei was up a third. European indexes are slightly lower on the session, with the Footsie currently off 0.2% and the Dax about unchanged. US stock futures are essentially unchanged.

*The January reading of Australian Consumer Confidence was down more than six points to 104.6, for the lowest result since last June. according to Westpac’s index.

*The November reading of Japan’s Tertiary Industry Index was up 0.6%, one tenth better than expected.

*The November reading of the UK Unemployment Rate is steady at 7.9%, as forecast. In December the net change in the number of jobless claimants was down 4.1k, a bigger drop than expected.

*US mortgage applications were up 5.0% in the week ended January 14, according to the Mortgage Bankers Association. Applications for refinancing were up for the third week in a row, this time by 7.7%, but applications for purchase fell 1.9% and this index is now at the lowest level since early November.

*Goldman Sachs is among the companies that are reporting earnings today; the estimate calls for an eps of +$3.79. Wells Fargo, Bank of New York Mellon, US Bancorp and State Street are some of the other financials that are set to report today.

*The weekly report on chain store sales from ICSC showed a decline of 0.1% on a week on week basis for the week ended January 15; sales were up 1.4% for the week when compared to the corresponding week from a year ago, the lowest rate of growth since the end of May. The Johnson Redbook report on the same thing is due out at 7:55am CST.

*The December reading of Housing Starts is due out at 7:30am CST. Starts are expected to be down 0.9% on the month for an annualized rate of 550k units; Building Permits are forecast to be up 1.8% on the month to 554k units annualized.

*The weekly report on energy inventories is delayed until Thursday because of the holiday.

*The Fed is scheduled to buy Treasuries today that are due to mature between 7/31/13 and 12/31/14; the results of the operation will be announced just after 10:00am CST.

*China’s leader, Hu Jintao, arrived in DC yesterday and will meet today with Obama in the Oval Office and be feted with a state dinner tonight. He is expected to travel to Chicago to sign a series of trade and investment agreements later in the week.

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