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Stocks That Stand Out For Nov. 9th, 2009 Are NUBL, HRRN, ERHE, NYMH, JAZZ
(M2 PressWIRE Via Acquire Media NewsEdge) www.StandoutStocks.com: Stocks That Standout For Nov. 9th, 2009 are NuMobile, Inc. (OTCBB: NUBL), HE-5 Resources, Corp. (PINK SHEETS: HRRN), Unico, ERHC Energy Inc. (OTCBB: ERHE), NYMET Holdings Inc. (PINKSHEETS: NYMH), Jazz Pharmaceuticals, Inc. (Nasdaq: JAZZ)
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NuMobile, Inc. Announces Greenfield Webcast Update on Three Pending Milestone Events Anticipated to Trigger Possible PPS Increase Before Year End
CARY, NC, Nov 09, 2009 -- NuMobile, Inc. (OTCBB: NUBL) released a joint, on-demand Webcast Friday November 6th discussing the recently announced letter of intent (LOI) to acquire a controlling interest in Kaizen Communications, Inc. (www.kaizencommunications.net) of Jacksonville, Florida. The presentation includes an update on NuMobile's milestone successes so far this year and a preview of three pending milestone events anticipated before the end of the year. NuMobile has completed two acquisitions, has two more pending acquisitions, to include the Kaizen opportunity, and one pending major contract. The Webcast is hosted by the NewMarket Technology, Inc. Greenfield Partnership Program and is available on the homepage and investor relations page of the NuMobile corporate website www.numobileinc.com titled 'NuMobile - Kaizen Communications LOI Webcast.' NuMobile's Roll-up Strategy to Build a Portfolio of Software Solutions for Mobile Computing NuMobile is building a portfolio of software solutions for the global mobile computing and smartphone market. NuMobile began its roll-up strategy earlier this year and has acquired two companies with proprietary technology focused on mobile network security. NuMobile has also recently announced LOIs to acquire an additional two companies, Kaizen and SecurAct. Kaizen is an application provider for several markets including SMS, also known as text messaging, MMS, which involves multi-media messaging, and IVR, interactive voice response. SecurAct offers identity management solutions for SaaS and Cloud computing. As a result of recent acquisitions, the Company has also announced that it anticipates signing its first substantial contract before the end of 2009 for an estimated $20 million and $8 million gross margin.
Greenfield Partnership Program The Greenfield Partnership Program is an initiative launched by NewMarket Technology, Inc. to foster the development of innovative technologies and the introduction of those technologies to the global market place. Through the Greenfield Partnership Program, NuMobile has established a marketing partnership for its product line in Asia with China Crescent Enterprises, Inc. (OTCBB: CCTR) and added a complementary line of mobile computing solutions through a partnership with AlterNet Systems, Inc. (OTCBB: ALYI). To learn more about the Greenfield Partnership Program visit www.newmarkettechnology.com.
NuMobile Information and Email Newsletter To learn more about NuMobile and to sign up for company email alerts, please visit the corporate website at www.numobileinc.com.
About NewMarket Technology, Inc. (www.newmarkettechnology.com) NewMarket is a reporting company with audited financial reports filed with the SEC. NewMarket provides systems integration, technology infrastructure services and emerging technology worldwide. NewMarket has a focus on providing technology and support services to rapidly growing economies where technology purchasing is on the rise. In addition to its base of operations in North America, NewMarket has operations today in the growing economies of China, Southeast Asia, Brazil and Northern Latin America. Last year the Company reported over $40 million in revenue from Asia and over $20 million in revenue from Latin America. Overall, NewMarket reported over $95 million in revenue for 2008.
Across the globe, NewMarket is a Microsoft and Oracle partner, distributes various computer hardware and peripherals from brand partners such as Dell, HP, IBM, Cisco, Sony, Epson, Canon and Sanyo and is also an authorized reseller of operating systems and various software from companies such as Red Hat, Sybase, IBM, BEA, Veritas and others. Additionally, the Company works with emerging technologies such as mobile computing, various security and wireless broadband technologies.
NewMarket's rapid growth since 2002 has placed the Company on the Deloitte Technology Fast 500 for 5 consecutive years. NewMarket was recognized as the third fastest growing technology company in the United States in 2006 and the number one fastest growing technology company in North Texas for two years in a row.
About NuMobile, Inc. (www.numobileinc.com) NuMobile is building a portfolio of security and software solutions for the global mobile computing and smartphone market. Through a roll-up strategy, NuMobile plans to acquire and develop mobile computing solutions for a variety of applications, including mobile banking, for the global marketplace. The demand for mobile security and software applications is being driven in large part by the growing number of mobile phone sales into emerging economies that currently do not have substantial access to the Internet via desktop computing. Already in North America, the Company has also forged a partnership in the Chinese market and is developing a plan for the emerging economies of Latin America and East Africa. NuMobile is a SEC fully-reporting public company listed on the Over-the-Counter Bulletin Board.
"SAFE HARBOR STATEMENT" UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995 This press release contains forward-looking statements that involve risks and uncertainties. The statements in this release are forward-looking statements that are made pursuant to safe harbor provision of the Private Securities Litigation Reform Act of 1995. Actual results, events and performance could vary materially from those contemplated by these forward-looking statements. These statements involve known and unknown risks and uncertainties, which may cause NuMobile's actual results in future periods to differ materially from results expressed or implied by forward-looking statements. These risks and uncertainties include, among other things, product demand and market competition. You should independently investigate and fully understand all risks before making investment decisions.
HE-5 Resources Corp, Announces Extraordinary Board Meeting Called in for Today 5:00 pm
NEW YORK CITY, NEW YORK, Nov 09, 2009 -- HE-5 Resources, Corp. (PINK SHEETS: HRRN), Today announced extraordinary board meeting called in for today 5:00 pm.
Following last week first advisory board meeting, and consequently to many objections and shareholder complaints regarding the previously announced 2 for 1 forward split, and due to concerns over further stock dilution, management has organized a special board meeting to be held today at 5:00 pm, with the explicit report and advisory recommendations of our Corporate Attorney and Financial advisors.
Other high importance subjects have been scheduled on the board agenda.
Management will publish the results of the meeting and weekly Shareholder Newsletter once final decision has been reached. We invite you to visit our new Forum at www.unitedbusinesstraders.com and see how you can become a member.
We are All Together Now and on Board as "United Business Traders" Our Corporate web site at: www.tradingbartercorp.com Now Online "Trading Barter Blog" at www.tradingbarterblog.com Forward-Looking Statements Please be advised that statements made herein, other than historical data, constitute forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those stated or implied by such forward-looking statements. The potential risks and uncertainties include, among others, potential volatility in the company's stock price, increased competition, customer acceptance of new products and services offered by the company, and uncertainty of future revenue and profitability and fluctuations in its quarterly operating results. Please also be advised that the company's stock is not currently registered with the Securities and Exchange Commission.
ERHC Energy Inc. Updates Shareholders on Drilling in the JDZ
HOUSTON, TX, Oct 08, 2009 -- ERHC Energy Inc. (OTCBB: ERHE), a publicly traded American company with oil and gas assets in the highly prospective Gulf of Guinea off the coast of West Africa, today issued the following update on Company activities from Peter Ntephe, chief operating officer.
To ERHC Shareholders: I am happy to report that drilling is progressing on schedule in the Joint Development Zone (JDZ) Blocks in which ERHC has interests.
Addax Petroleum Corporation ("Addax"), the operator of JDZ Blocks 3 and 4, has finished drilling a well at the Kina Prospect in Block 4 in which ERHC has a 19.5 percent interest. Based on the early analysis done to date, the well encountered hydrocarbons, but a detailed evaluation of information from the well has only just commenced so it is far too early for any conclusions to be drawn on the extent and quality of the hydrocarbon system encountered. A comprehensive analysis that incorporates the drilling results into relevant geologic and fluid models will now be carried out.
Following the initial drilling operation in Block 4, the Deepwater Pathfinder has moved to the Lemba 1X well location in JDZ Block 3 in which ERHC has a 10 percent interest. Exploratory drilling at Lemba 1X commenced yesterday. We estimate it will take approximately five weeks, although the actual timing is dependent on many factors, such as drilling penetration rate, fluids encountered, borehole stability and equipment maintenance, among others.
Once done with the Lemba 1X well, the Deepwater Pathfinder will move back to JDZ Block 4 to drill two additional wells. The specific drilling locations of these additional Block 4 wells will be determined in due course.
Sinopec JDZ Block 2 Limited ("Sinopec"), the operator of JDZ Block 2 in which ERHC has a 22 percent interest, has also finished exploratory drilling at the JDZ Bomu-1 well location. Based on the early analysis done to date, natural gas is discovered, but again a detailed evaluation of information from the well has only just commenced so it is far too early for any conclusions to be drawn on the extent and quality of the hydrocarbon system encountered.
This is an exciting time for the ERHC family. When this initial drilling campaign is completed, a total of five wells will have been drilled. Each well will be evaluated using several standard oilfield methods and the rock properties and reservoir fluids will be measured and evaluated.
As we stated previously, the purpose of this process is to test scientific conclusions and gather additional information. The information from these wells is helping the exploration team understand the geology and hydrocarbon potential of the various prospects being drilled. Perhaps more importantly, it is helping us understand the prospectivity of the entire area. This is a highly technical process that takes considerable time. The parties are working to ensure that operations are conducted to the highest industry standards. The focus is quality of work put into each well, not undue haste.
We are as excited about getting drilling results as the investment community is. In accordance with the practice in the JDZ, accurate, material information on the progress in the JDZ Blocks will emanate from the operators or the Joint Development Authority. ERHC will publish such information in a timely manner in accordance with our contractual and regulatory obligations.
The operators will determine when it is appropriate to release the drilling results. Sinopec has announced that its drilling results might be released in the fourth quarter with a caveat that such release is contingent upon numerous factors. Addax is expected to provide guidance in due course on the release of its results.
We appreciate the support of our shareholders and share their excitement. If you have questions, please submit them to Dan Keeney, our investor relations representative, at dan@dpkpr.com.
Sincerely, Peter Ntephe Chief Operating Officer About ERHC Energy ERHC Energy Inc. is a Houston-based independent oil and gas company focused on growth through high impact exploration in the highly prospective Gulf of Guinea and the development of undeveloped and marginal oil and gas fields. ERHC is committed to creating and delivering significant value for its shareholders, investors and employees, and to sustainable and profitable growth through risk balanced smart exploration, cost efficient development and high margin production. For more information, visit www.erhc.com. This document contains statements concerning ERHC Energy Inc.'s future operating milestones, future drilling operations, the planned exploration and appraisal program, future prospects, future investment opportunities and financing plans, future shareholders' meetings, response to the Senate Subcommittee investigation, developments in the SEC investigation of the Company and related proceedings, as well as other matters that are not historical facts or information. Such statements are inherently subject to a variety of risks, assumptions and uncertainties that could cause actual results to differ materially from those anticipated, projected, expressed or implied. A discussion of the risk factors that could impact these areas and the Company's overall business and financial performance can be found in the Company's reports and other filings with the Securities and Exchange Commission. These factors include, among others, those relating to the Company's ability to exploit its commercial interests in the JDZ and the exclusive territorial waters of Sao Tome and Principe, general economic and business conditions, changes in foreign and domestic oil and gas exploration and production activity, competition, changes in foreign, political, social and economic conditions, regulatory initiatives and compliance with governmental regulations and various other matters, many of which are beyond the Company's control. Given these concerns, investors and analysts should not place undue reliance on these statements. Each of the above statements speaks only as of the date of this document. The Company expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward-looking statement to reflect any change in the Company's expectations with regard thereto or any change in events, conditions or circumstances on which any of the above statements is based.
NYMET Holdings Inc. (NYMH) Announces Coast Guard Approval of Stockton Project
NEW YORK, NY, Nov 05, 2009 -- NYMET Holdings Inc. (PINKSHEETS: NYMH), an innovative metals and mining company headquartered in Port Jefferson, N.Y., today announced that the United States Coast Guard has approved the raising and salvage of the M/V San Leandro and the M/V Fresno in the San Joaquin River, which is located approximately 2 miles from NYMET's port facility.
The approval was obtained with the assistance of Mr. Mark Hicks, CFO of B'NEATH THE WAVES, Inc. Mr. Hicks is the key point contractor for the Project and will be on site daily to oversee operations, which are set to commence on November 9th, 2009. Subsequently, equipment is currently being mobilized for use in the raising and salvage of the M/V San Leandro and the M/V Fresno in the San Joaquin River.
This Project is the first of many salvage operations that will utilize NYMET's Stockton Port facility. Primary uses of the facility will be to load and to transport scrap metal to NYMET clients overseas and/or for local US-based steel facilities.
About the Stockton, CA Port Facility The facility is located on the waterfront of the San Joaquin River, in Stockton, CA. This location provides NYMET with the ability to process plate material from ferry barges. Further, the facility also acts as a staging and loading area, giving NYMET the ability to transport material to the Oakland Port as well as local steel mills.
The Stockton Port is one of the last waterfront properties in California that is allowed to operate as a storage and marine salvage facility. Furthermore, the property's proximity to the Oakland Port enables NYMET to cost effectively export material to Asia. Further, the facility's riparian rights permit NYMET to have barges docked at the facility, providing a logistic advantage.
DISCLAIMER: CAUTIONARY DISCLOSURE ABOUT FORWARD-LOOKING STATEMENTS The results described herein cannot be guaranteed. This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Statements in this news release other than statements of historical fact are "forward-looking statements" that are based on current expectations and assumptions. These expectations and assumptions are subject to risks and uncertainty, which could affect NYMET Holdings Inc.'s future. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied by the statements, including, but not limited to, the following: the ability of NYMET Holdings Inc. to provide for its obligations, to provide working capital needs from operating revenues, to obtain additional financing needed for any future acquisitions, to meet competitive challenges and technological changes, and other risks. NYMET Holdings Inc. undertakes no duty to update any forward-looking statement(s) and/or to conform the statement(s) to actual results or changes in NYMET Holdings Inc.'s expectations.
Jazz Pharmaceuticals Announces Third Quarter 2009 Financial Results
---Achieved Record Quarterly Net Product Sales of $30 Million--- Raising Revenue Guidance for 2009
PALO ALTO, Calif., Nov 05, 2009 -- Jazz Pharmaceuticals, Inc. (Nasdaq: JAZZ) today announced financial results for the third quarter ended September 30, 2009.
Total revenues for the third quarter of 2009 were $30.8 million, compared to $17.7 million for the quarter ended September 30, 2008. XYREM(R) (sodium oxybate) oral solution net sales for the third quarter of 2009 were $25.0 million, compared to $14.2 million for the third quarter of 2008, and represented a 12% sequential increase over net sales of $22.4 million for the second quarter of 2009. Net sales of once-daily LUVOX CR(R) (fluvoxamine maleate) extended-release capsules were $5.0 million for the third quarter of 2009, compared to $2.0 million for the third quarter 2008, and represented a 20% sequential increase over net sales of $4.1 million for the second quarter of 2009. Total revenues for the third quarter of 2009 also included $0.8 million in royalties and contract revenue.
"Our sales team delivered another solid quarter for us with record numbers of XYREM and LUVOX CR prescriptions and net sales" said Bob Myers, President of Jazz Pharmaceuticals.
Research and development expenses for the third quarter of 2009 were $7.6 million, compared to $12.1 million for the third quarter of 2008. This reduction from $11.2 million for the second quarter of 2009 was primarily due to the completion of the second Phase III pivotal clinical efficacy trial for JZP-6, sodium oxybate for the treatment of fibromyalgia, in June of 2009. Jazz Pharmaceuticals expects to submit a New Drug Application for JZP-6 by the end of 2009.
Jazz Pharmaceuticals' net loss for the third quarter of 2009 was $1.7 million, compared to a net loss of $28.8 million for the third quarter of 2008.
Jazz Pharmaceuticals is increasing its full-year 2009 guidance for XYREM and LUVOX CR net sales, and tightening its guidance for R&D expenses:
Prior Guidance Updated Guidance -------------- ---------------- - Total revenues $112 - 122 million $122 - 127 million - XYREM net sales $85 - 90 million $92 - 95 million - LUVOX CR net sales $15 - 18 million $17 - 19 million - Contract revenues and royalties $12 - 14 million ~ $13 million - R&D expenses $35 - 45 million $36 - 40 million
"We have made impressive strides in transforming our business in 2009," said Bruce Cozadd, Chairman and Chief Executive Officer of Jazz Pharmaceuticals. "In the first nine months of 2008, we had net product sales of $45.8 million and an operating loss of $118.6 million. In the first nine months of 2009, we achieved net product sales of $77.8 million and operating income of $4.5 million. Our commercial business continues to grow and we look forward to submitting our NDA for JZP-6 next month." Jazz Pharmaceuticals will host an investor conference call and live audio webcast to give a company update, as well as to discuss financial results and guidance, today (November 5, 2009) commencing at 5:00 p.m. Eastern Time/2:00 p.m. Pacific Time. The live webcast may be accessed from the Investors section of the Jazz Pharmaceuticals website at www.JazzPharmaceuticals.com. Please connect to the website prior to the start of the conference call to ensure adequate time for any software downloads that may be necessary. Investors may participate in the conference call by dialing 1-866-825-1692 in the U.S., or 1-617-213-8059 outside the U.S., and entering passcode 25459996.
An archived version of the webcast will be available through November 19, 2009. This replay can be accessed from the Investors section of the Jazz Pharmaceuticals' website at www.JazzPharmaceuticals.com, or by calling 888-286-8010 in the U.S., or 617-801-6888 outside the U.S., and entering passcode 83883148.
About Jazz Pharmaceuticals, Inc.
Jazz Pharmaceuticals is a specialty pharmaceutical company focused on identifying, developing and commercializing innovative products to meet unmet medical needs in neurology and psychiatry. For further information see www.JazzPharmaceuticals.com.
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995 This press release contains forward-looking statements, including, but not limited to, statements related to Jazz Pharmaceuticals' ability to appropriately grow net product sales, the expected New Drug Application submission date for the JZP-6 product candidate, and Jazz Pharmaceuticals' full-year 2009 guidance. These forward-looking statements are based on the company's current expectations and inherently involve significant risks and uncertainties. Jazz Pharmaceuticals' actual results and the timing of events could differ materially from those anticipated in such forward looking statements as a result of these risks and uncertainties, which include, without limitation, risks related to: Jazz Pharmaceuticals' ability to increase sales of XYREM and LUVOX CR; Jazz Pharmaceuticals' dependence on single source suppliers and manufacturers; the uncertain and time-consuming regulatory approval process for JZP-6; Jazz Pharmaceuticals' cash flow estimates; Jazz Pharmaceuticals' ability to use its net operating losses to offset taxes; competition; the holders of Jazz Pharmaceuticals' senior secured notes attempting to accelerate the notes as a result of past events of default or Jazz Pharmaceuticals' inability to comply with the terms of the agreement governing the senior secured notes on an ongoing basis; Jazz Pharmaceuticals' future financial performance and financial position; and those risks detailed from time-to-time under the caption "Risk Factors" and elsewhere in Jazz Pharmaceuticals' Securities and Exchange Commission filings and reports, including in its Quarterly Report on Form 10-Q for the quarter ended June 30, 2009 filed by Jazz Pharmaceuticals with the Securities and Exchange Commission on August 14, 2009. Jazz Pharmaceuticals undertakes no duty or obligation to update any forward-looking statements contained in this release as a result of new information, future events or changes in its expectations.
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