OTCPicks.com Daily Market Movers Digest Midday Report for Friday, September 7th
OTCPicks Publisher Newsletter
OTCPicks.com Daily Market Movers Digest Midday Report for Friday, September 7th ICRD, CADC, BIOF, MFTH, MDFI, STVF Our Stocks to Watch today include Card Establishment Inc. (OTC: ICRD), China Advanced Construction Materials Group Inc. (Nasdaq: CADC), BioFuel Energy Corp. (Nasdaq: BIOF), Medisafe 1 Technologies Corp. (OTC: MFTH), MedeFile International Inc. (OTCBB: MDFI) and Stevia First Corp. (OTCBB:
STVF).
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INTERNATIONAL CARD ESTABLISHMENT INCORPORATED (OTC: ICRD) “Up 1,751.25% in morning trading” Detailed Quote:
http://otcpicknews.com/emailmarketer/link.phpM940&N31&L39&F=T International Card Establishment, Inc. provides merchant payment processing services and gift and loyalty card products to the small to medium enterprise segment of the merchant marketplace in the United States. Its payment processing services enable merchants to process traditional card-present, or swipe transactions, as well as card-not-present transactions. The company establishes merchant accounts for businesses that enable those businesses to accept credit cards, debit cards, and other forms of electronic payments from their customers; supplies the necessary card readers and other point-of-sale transaction systems; facilitates processing for the accounts; and provides e-commerce solutions. It also markets a proprietary Smart Card-based system that enables merchants to offer private label gift and loyalty cards. The company is based in Camarillo, California.
ICRD News:
No recent news for International Card Establishment, Inc. (OTC: ICRD).
CHINA ADVANCED CONSTRUCTION MATERIALS GROUP (NASDAQ: CADC) “Up 32.50% in morning trading” Detailed Quote:
http://otcpicknews.com/emailmarketer/link.phpM940&N31&L40&F=T China Advanced Construction Materials Group, Inc., through its subsidiaries, produces and supplies ready mix concrete materials and related technical services for large scale, high-speed rail, and other complex infrastructure projects primarily in the Peoples Republic of China. The company offers common industry mixtures, such as ready-mix concrete blends, controlled low-strength materials, high-strength concrete products with customized fibers, and soil cement products. It also provides industry leading mixtures, including compound admixture concrete, aggregate concrete, thermostat concrete, and line of C10-C100 concrete products. The company also engages in manufacturing services business comprising the formulation, production, and delivery of project-specific concrete mixtures; provision of chemical engineering and ready-mix consulting services for independently owned concrete plants and their associated projects; marketing cooperation; and concrete mixing and equipment rental.
It provides its products and services for the commercial, residential, and infrastructure developments. The company was founded in 2002 and is headquartered in Beijing, China.
CADC News:
No recent news for China Advanced Construction Materials Group, Inc.
(Nasdaq: CADC).
BIOFUEL ENERGY CORPORATION (NASDAQ: BIOF) “Up 66.67% in morning trading” Detailed Quote:
http://otcpicknews.com/emailmarketer/link.phpM940&N31&L87&F=T BioFuel Energy Corp. engages in the production of ethanol in the United States. It has two ethanol plants that produce 115 million gallons per year, which are located in Wood River, Nebraska and Fairmont, Minnesota.
The company was founded in 2006 and is headquartered in Denver, Colorado.
BIOF News:
August 17 – Five Star Equities Provides Stock Research on Archer Daniels Midland and BioFuel Energy Skyrocketing corn prices and lower gasoline demand in the U.S. has seen profits of ethanol producers drop drastically. Producers have begun to idle plants and/or slow production as a result. “Even the most profitable plants out there are barely breaking even in the current environment,” said Matthew Farwell, a New York-based analyst for Imperial Capital LLC. Five Star Equities examines the outlook for companies in the Ethanol Industry and provides equity research on Archer Daniels Midland Company (NYSE: ADM) and BioFuel Energy Corp. (Nasdaq: BIOF).
Access to the full company reports can be found at:
www.FiveStarEquities.com/ADM www.FiveStarEquities.com/BIOF Ethanol producers have battled record high corn prices, and tight domestic supply. The drought in the Farm Belt has drove corn-futures to an all-time high in July. Prices have relaxed a bit since then but have still surged over 40 percent since early June. It is estimated that approximately 40 percent of the nation`s corn output is consumed by the ethanol sector.
Major producer Archer Daniels Midland recently stated that their ethanol margins had crumbled to a loss of over 20 cents per gallon.
ADM delivers clean-burning ethanol to refiners through an expansive network of trucks, railcars, barges and terminals. The company makes ethanol from corn through an efficient process that also produces large amounts of animal feed. Bioproducts results for the quarter ended June 30, 2012 decreased $172 million to a loss of $61 million.
Biofuel Energy was founded in 2005 with initial production from two plants commencing in 2008. With both plants active, BioFuel Energy expects to produce 230 million gallons of fuel grade ethanol and approximately 720,000 tons of distiller grains annually.
MEDISAFE 1 TECHNOLOGIES CORPORATION (OTC: MFTH) “Up 18.75% in morning trading” Detailed Quote:
http://otcpicknews.com/emailmarketer/link.phpM940&N31&L72&F=T Medisafe 1 Technologies seeks to effectively prevent unauthorized administration of a drug or medicinal substance by hypodermic needle.
Medisafe`s patented technology is a medical assembly with a locking mechanism that is intended to ensure the substance cannot be released from the hypodermic needle without positive pre-matching between the substance and its intended patient.
MFTH News:
August 30 – Medisafe 1 Technologies in Advanced Negotiations for $7MM Perpetual License Sale Medisafe 1 Technologies Corp. (OTC: MFTH), a developer of patented technologies that physically prevent unauthorized administration of prescription medications, announced today that the company is in advanced negotiations to enter into a non-exclusive perpetual license agreement to transfer rights for the full commercialization, marketing and distribution of its patented medicinal locking mechanism and bar-code matching system.
Terms of the sale include a one-time payment of $7MM. The perpetual license agreement is anticipated to be signed within 60 days, pending the results of a due diligence study by the intended buyer.
The patented technology physically prevents medication administration errors in hospitals. The device includes a syringe locking mechanism that works in concert with a bar-code reader and database system.
The device electronically confirms whether the syringe held by a medical practitioner contains the correct medication and dosage that has been prescribed to a particular patient, before allowing that medication to be physically administered.
“We hope to soon announce the closing of the perpetual license sale, which will enable the wider distribution of our technology, and to fulfill the principles of our business plan,” said Jacob Elhadad, CEO of Medisafe 1 Technologies Corp. “The sale, if completed will infuse Medisafe with much needed capital to further develop and market our proprietary, life-saving devices.” MEDEFILE INTERNATIONAL INCORPORATED (OTCBB: MDFI) “Up 66.67% in morning trading” Detailed Quote:
http://otcpicknews.com/emailmarketer/link.phpM940&N31&L6&F=T Headquartered in South Florida, MedeFile has developed and globally markets a proprietary, patient-centric, iPHR (Internet-enabled Personal Health Record) system for gathering, digitizing and organizing medical records so that individuals can have a comprehensive record of all of their medical visits. MedeFile`s primary product is its web-based MedeFile solution, a highly secure system for gathering, maintaining, accessing and sharing personal medical records. Interoperable with most electronic medical record management systems marketed to the healthcare industry, the MedeFile solution is designed to gather all of its members` actual medical records and create a single, comprehensive Electronic Health Record (EHR) that is accessible 24 hours a day, seven days a week by the member and the member`s authorized users on any web-enabled device (PC, cell phone, smartphone, e-reader) and portable MedeDrive unit.
MDFI News:
No recent news for MedeFile International, Inc. (OTCBB: MDFI).
STEVIA FIRST CORPORATION (OCTBB: STVF) “Up 7.11% in morning trading” Detailed Quote:
http://otcpicknews.com/emailmarketer/link.phpM940&N31&L35&F=T Stevia First Corp. is seeking to establish a vertically-integrated stevia enterprise in the U.S. with expertise in stevia seed and tissue propagation, plant breeding, and cultivation. Stevia First`s U.S.
operations are located in the heart of California`s Central Valley, one of the world`s most productive agricultural regions.
STVF News:
September 5 – Stevia First Corp. to Present at Rodman & Renshaw Annual Global Investment Conference Stevia First Corp. (OTCBB: STVF) (“Stevia First” or the “Company”), an early-stage agribusiness based in California`s Central Valley growing region and focused on the industrial scale production of stevia, the all-natural zero-calorie sweetener that is rapidly transforming the food and beverage industry, today announced that it will present at the Rodman & Renshaw Annual Global Investment Conference to be held September 9 – 11, 2012, at the Waldorf Astoria in New York City.
As part of the conference “Growth Track” presentation schedule, Robert Brooke, CEO of Stevia First, will provide an overview of the Company`s business with a live presentation and will be available to participate in one-on-one meetings with registered conference attendees.
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