SC Daily- CURX Enters Into Equity Agreement
SmallCapVoice Newsletter
%3D 9-28-10 Small Cap Daily by SmallCapVoice.com —————————– Hot Stocks To Watch —————————– Company: Curaxis Pharmaceutical Corp. (OTCBB: CURX) End of day:
Price: 1.58 Change (%): – 0.02 (1.25) Volume: 4,710 http://bit.ly/coUKU1 Southridge Partners II Enters Into an Equity Purchase Agreement with Curaxis Pharmaceutical for Clinical Alzheimer`s Disease Trials RIDGEFIELD, Conn., Sept. 27 /PRNewswire/ Stephen Hicks, Chairman and CEO, of Southridge LLC (Southridge), and Patrick S. Smith, President and Chief Executive Officer of Curaxis Pharmaceutical Corp (OTCBB: CURX) at www.curaxispharma.com, jointly announced a $25 million equity purchase agreement with Southridge Partners II, an institutional investor.
Read More >> http://bit.ly/9TZkPh ——————————– Other Small Cap News ——————————— Company: Rosetta Genomics, Ltd. (Nasdaq: ROSG) http://bit.ly/bdiOLN New Data Published in “The Journal of Molecular Diagnostics” Demonstrate Rosetta Genomics` miRview meso is a Highly Sensitive Test for Differentiating Mesothelioma From Carcinomas in the Lung or Pleura Accurate Identification Is Critical to Treatment Decisions and May Have Legal Implications for Asbestos-Related Mesothelioma REHOVOT, ISRAEL and PHILADELPHIA, PA–(Marketwire – 09/27/10) – Rosetta Genomics, Ltd. (NASDAQ:ROSG), a leading developer and provider of microRNA-based molecular diagnostics, announces that a peer reviewed article entitled “A diagnostic assay based on microRNA expression accurately identifies malignant pleural mesothelioma” appears in the online version of “The Journal of Molecular Diagnostics.” The study demonstrates the ability of the Company`s miRview(TM) meso test to accurately differentiate malignant pleural mesothelioma (MPM) from primary and metastatic carcinomas in the lung and pleura..
Read More >> http://yhoo.it/blnlBL —————————————————————————— Company: Cambium Learning Group, Inc. (Nasdaq: ABCD) http://bit.ly/azYQV1 What Works Clearinghouse Review of Sopris` Sound Partners Program Finds Positive Effects for Struggling K-3 Students LONGMONT, Colo., Sept. 27 /PRNewswire/ — The What Works Clearinghouse (WWC) reviewed 18 studies that investigated the effects of Sound Partners on beginning readers. Based on the seven studies that meet WWC evidence standards with or without reservations, Sound Partners showed positive effects on alphabetics, fluency and comprehension.
Read More >> http://yhoo.it/brWa0J —————————————————————————— Company: Strategic Hotels & Resorts, Inc. (NYSE: BEE) http://bit.ly/cBBtQa Strategic Hotels & Resorts Signs Agreement to Sell the InterContinental Prague CHICAGO, Sept. 27 /PRNewswire/ — Strategic Hotels & Resorts, Inc. (NYSE:BEE) today announced that the company has signed a share purchase agreement for the sale of the InterContinental Prague to an investment group led by an affiliate of Westmont Hospitality for a total consideration of approximately euro 110.6 million, or approximately euro 297,000 per room. The total consideration represents the outstanding amount of the property`s third party debt and the current interest rate swap liability related to the third party indebtedness, which is estimated to be approximately euro 9.0 million as of August 31.
Read More >> http://yhoo.it/9ctWSz ———————————————————————— Company: Globecomm Systems Inc. (Nasdaq: GCOM) http://bit.ly/cWLAYC Globecomm Awarded Various Contracts from US Government Agencies Valued at $4.0 Million HAUPPAUGE, N.Y.–(BUSINESS WIRE)–Globecomm Systems Inc. (NASDAQ: GCOM), a leading global provider of satellite-based communications infrastructure solutions and services, today announced that the Company has been awarded various contracts from US Government Agencies valued at $4.0 million.
Read More >> http://yhoo.it/aSGTkh —————————————————————————– Company: WPCS International Incorporated (Nasdaq: WPCS) http://bit.ly/bYOear WPCS Receives $11.7 Million in New Projects EXTON, Pa., Sept. 27 /PRNewswire/ — WPCS International Incorporated (Nasdaq:WPCS), a leader in design-build engineering services for communications infrastructure, has announced that it has received approximately $11.7 million in new contracts.
Read More >> http://yhoo.it/dlyo9e —————————————————————————- Company: LRAD Corporation (Nasdaq: LRAD) http://bit.ly/aEdTYq LRAD Corporation Receives $1.5 Million+ in New LRAD(R) Systems Orders From U.S. Military Orders Comprised of LRAD 100X(TM)/300X(TM)/500X(TM) Systems SAN DIEGO, CA–(Marketwire – 09/28/10) – LRAD Corporation (NASDAQ:LRAD), the global leader in acoustic hailing devices (AHDs), announced today it has received over $1.5 million in new Long Range Acoustic Device=AE 100X(TM)/300X(TM)/500X(TM) systems orders from the U.S. Military for immediate shipment. LRAD Corporation`s proprietary directed AHDs enable military forces to communicate and determine the intent of potential threats at safe distances, providing time and distance to employ a measured response.
Read More >> http://yhoo.it/cSkhd8 —————————————————————————— Company: Radient Pharmaceuticals Corporation (NYSE Amex: RPC) http://bit.ly/aiuDNt Radient Pharmaceuticals Signs 5-Year Exclusive Distribution Agreement for Its Onko-Sure Cancer Test in Vietnam, Cambodia, and Laos TUSTIN, CA–(Marketwire – 09/28/10) – Through its subsidiary AMDL Diagnostics Inc., Radient Pharmaceuticals Corporation (AMEX:RPC), a US-based company specializing in the research, development, and international commercialization of In Vitro Diagnostic (IVD) cancer tests, announced today it has entered into an exclusive 5-year full-service distribution agreement with Phu Gia Trading Co. Ltd. to expand the Company`s Onko-Sure(TM) IVD cancer test into the Vietnam, Laos, and Cambodia healthcare markets.
Read More >> http://yhoo.it/coHjkF ———————————————————————————- Company: EMRISE Corporation (NYSE Arca: ERI) http://bit.ly/bxkyfH EMRISE Corporation Buys Back Common Stock Warrants from Primary Lender Eliminates Possible Dilutive Impact of Warrants and Potential for Quarterly Non-Cash, Mark-to-Market Adjustments DURHAM, N.C.–(BUSINESS WIRE)–EMRISE CORPORATION (NYSE Arca: ERI), a multi-national manufacturer of defense, aerospace and industrial electronic devices and communications equipment, today announced that on August 30, 2010, it repurchased from its primary lender, for a total purchase price of $100,000, two warrants that would have entitled the lender to purchase an aggregate total of 775,758 shares of EMRISE common stock (each warrant represented the right to purchase 387,879 shares at exercise prices of $1.80 and $1.99, respectively). The warrants also had a cashless conversion provision, which, if utilized, would have resulted in no cash to the Company at the time the warrants were exercised. The warrants were originally issued to the primary lender by the Company on November 30, 2007, and amended and restated on February 12, 2009.
Read More >> http://yhoo.it/aIoYgP —————————————————————— Company: National Coal Corp. (Nasdaq: NCOC) http://bit.ly/d2x8J5 National Coal Corp. to Be Acquired by Ranger Energy Investments KNOXVILLE, Tenn.–(BUSINESS WIRE)–National Coal Corp. (Nasdaq: NCOC), a Central and Southern Appalachian coal producer, announced today that it has agreed to be acquired by Ranger Energy Investments, LLC (Ranger Energy), an acquisition vehicle for Jim Justice, a businessman and operator of Appalachian coal assets. Under the terms of the agreement, Ranger Energy will pay $1.00 per share in cash for each share of National Coal common stock, including shares issuable upon exercise of options. The per share consideration represents a 54% premium to National Coals closing price of $0.65 per share on September 27, 2010.
Read More >> http://yhoo.it/9qB9t0 —————— MarketNews —————— By Deborah Levine: MarketWatch Treasury sells 2-yr debt at lowest yield on record NEW YORK (MarketWatch) — The Treasury Department sold $36 billion in 2-year notes on Monday at a yield of 0.441%, the lowest level on record for an auction. Bidders offered to buy 3.78 times the amount of debt sold, up from an average of 3.21 times in the last four sales, all of which were for larger amounts. Indirect bidders, a group that includes foreign central banks, bought 39% of the sale, versus 34.9%, on average. Direct bidders, which includes domestic money managers, purchased another 10.8%, compared to an average of 15.5%. After the auction, the Treasury market remained higher, pushing yields down. Yields on 10-year notes /quotes/comstock/31*!ust10y (UST10Y 2.54, -0.07, -2.69%) fell 9 basis points to 2.52%.
Read More >> http://bit.ly/9roCts ———————————————————————– By Jonathan Spicer: Reuters SEC says flash crash report will bring confidence NEW YORK (Reuters) – The upcoming flash crash report will show that regulators have a “very deep understanding” of the marketplace, giving the public a measure of confidence, the head of the Securities and Exchange Commission said on Monday.
“It will paint a very clear picture of how the markets operated on that day,” SEC Chairman Mary Schapiro said in an interview, adding she expects regulators will issue the report “in the next several days.” The May 6 crash knocked some 700 points off the Dow Jones industrial average before it sharply rebounded, all in about 20 minutes. No full explanation of the unprecedented breakdown has yet been given, stirring concerns among investors about the stability of the high-speed electronic marketplace.
“I think they will feel confident, and they`ll feel confident that the SEC and the CFTC staffs have a very deep understanding of the markets as a result of this inquiry, and that we have some ideas on how to go forward,” Schapiro said in the interview with Reuters Insider.
Read More >> http://yhoo.it/btVhhe —————— MarketNews ——————- `Macro` Forces in Market Confound Stock Pickers http://yhoo.it/dnGkph October Could Be Tough on Tech Shares http://yhoo.it/bzb73q ———————————— IMPORTANT DISCLAIMER ———————————— You are receiving this e-mail because you either opted into to our mailing list at smallcapvoice.com or at one of our Money Show exhibits. opt out at any time by clicking on the Safe
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