DrStockPick.com Stock Report! 10/20/09, CSRH, ORA, AWRE, GAMR, AEMD, ESCC
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Tuesday October 20, 2009
DrStockPick.com Stock Report!
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Consorteum Holdings, Inc. (OTCBB: CSRH) has launched its mobile check cashing program. The introduction of this service will offer those that are currently using check cashing facilities a much more convenient way to cash their payroll checks. After two years of development with its partners, Consorteum has now proceeded to the pilot phase of its check cashing program in the Toronto, Ontario region. The first stage of the pilot implementation will be the deployment of this new service on several trucks. The drivers will be able to offer their clients the convenience of real-time check cashing services and load customer funds directly onto a personalized prepaid Credit Card right at the mobile truck’s location. The Company Targets $80 Billion Market Opportunity
Ormat Technologies, Inc. (NYSE: ORA) plans to announce its third quarter 2009 earnings results in a press release that will be issued on Wednesday, November 4, 2009 after the market close. The Company has scheduled a conference call to discuss the results at 9:00 A.M. EST on Thursday, November 5, 2009.
Lantiq today announced that it has entered into a definitive agreement to acquire Home Networking and DSL-related assets and intellectual property (IP) from Massachusetts-based Aware Inc. (NASDAQ: AWRE). Lantiq also announced the establishment of a technical competence center in Massachusetts, where a team of experienced engineers will drive innovation in the emerging home networking market.
Great American Group, Inc. (OTCBB: GAMR), a leading provider of asset disposition, valuation and appraisal services, announced the introduction of a new business division. GA Capital, LLC (”GA Capital”) is a subsidiary of Great American Group seeking to provide junior secured loans to retailers in need of growth capital, working capital, and turnaround financing. GA Capital intends to target borrowers seeking loans between $10 million and $100 million to be secured by collateral assets of the borrowers, including inventory, accounts receivable, real estate and intellectual property.
Aethlon Medical, Inc. (OTC Bulletin Board: AEMD) announced today that research studies have documented the Aethlon Hemopurifier® is effective in capturing the current pandemic strain of the H1N1 Swine Flu Virus. The Hemopurifier® is the first-in-class medical device able to selectively remove infectious viruses and immunosuppressive proteins from the bloodstream. During invitro studies, the Hemopurifier® removed 68% of H1N1 virus from blood plasma in 30 minutes, 80% of the virus in two hours, and a 96% reduction of H1N1 was observed at six hours. The studies were performed by third party researchers approved by the United States Department of Health and Human Services (HHS) to house and conduct research on the current pandemic strains of H1N1 virus.
Evans & Sutherland Computer Corporation (Other OTC: ESCC.PK) announced today that it has entered into a Purchase and Sale Agreement (the “Sale Agreement”) with Wasatch Research Park I, LLC (”Wasatch”), pursuant to which E&S has agreed to sell to Wasatch three buildings located in Salt Lake City, Utah, together with all improvements thereon for a total purchase price equal to $2,500,000.
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