PennyOmega.com Stock Report! 9/23/09, EDAP, MIPS, ZVTK, RPM, REMD, FMCN
PennyOmega.com Hot Stock News & Alerts!
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FREE Daily Stock Alerts From PennyOmega.com
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Wednesday September 23, 2009
PennyOmega.com Stock Report!
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EDAP TMS S.A. (Nasdaq:EDAP), the global leader in therapeutic ultrasound, announced today the launch of an intensified communication and education strategy in France, aimed at increasing physician and patient awareness of Ablatherm-HIFU as a therapeutic option for localized prostate cancer.
MIPS Technologies, Inc. (Nasdaq:MIPS), a leading provider of industry-standard processor architectures and cores for digital consumer, home networking, wireless, communications and business applications, today welcomed two new companies to the ecosystem supporting its initiative to drive the revolutionary Android(TM) platform into a broad range of consumer electronic devices including set-top boxes, DTV, home media players, VoIP solutions and mobile internet devices (MIDs). Kat Digital Corp. (KatDC) and AllGo Systems are bringing unique multimedia technologies and expertise to bear on these efforts.
Zevotek, Inc., (Pink Sheets:ZVTK), a designer, developer, and worldwide direct marketer and distributor of innovative personal and home care items, announced today the Company signed a media buying agreement with Diray TV for buying TV airtime to advertise Zevotek’s Ionic Bulb. Zevotek’s agreement is part of the Company’s plan to present the Ionic Bulb to huge numbers of U.S. TV viewers. Diray TV is a media buying agency specializing in direct response marketing that has been in the business of supporting major U.S. direct marketing campaigns from the test marketing phase to full scale national campaigns for more than 22 years.
RPM International Inc. (NYSE: RPM), a worldwide specialty coatings and building materials and services holding company, today announced that its Stonhard subsidiary, part of RPM’s Performance Coatings Group, has acquired Ascoat Contracting Pty Ltd and Ascoat Pty Ltd, a supplier and installer of polymer flooring systems. Terms of the transaction, which is expected to be accretive to earnings within one year, were not disclosed.
Remodel Auction, Inc., (OTC: REMD) today announced that the Company has entered into a Business Development agreement with Charlotte-based Chanticleer Holdings, Inc. (OTC Bulletin Board: CCLR). Chanticleer, through its Avenel Ventures subsidiary will assist Remodel Auction by introducing the company to strategic business relationships including existing Chanticleer clients and also by advising the company on future financing and potential acquisitions. Chanticleer and Remodel Auction will work together to further expand the online remodeling marketplace beyond North Carolina into additional states. Clinton F. Walker, Founder and CEO of Remodel Auction states, “It is a real honor for me personally and a positive milestone for Remodel Auction to have the opportunity to enter into this agreement with Mike Pruitt and Chanticleer Holdings as I have followed his professional investment banking work for many years and have already seen the benefits.”
Focus Media Holding Limited (Nasdaq: FMCN), China’s leading multi-platform digital media company, today announced that Executive Chairman Jason Jiang and the Company have entered into a definitive agreement pursuant to which the Company will issue and sell to Mr. Jiang, and Mr. Jiang will subscribe for and purchase, 75,000,000 ordinary shares of the Company at a subscription price of US$1.899 per share (equivalent to US$9.495 per ADR), representing the average closing sale price of the Company’s shares (adjusted for the share-to-ADS ratio) during the twenty consecutive trading day period immediately preceding the date hereof. The aggregate subscription price is US$142,425,000. The shares subscribed for by Mr. Jiang will be subject to a six month lock-up and will have customary registration rights pursuant to a Registration Rights Agreement entered into between the Company and Mr. Jiang concurrently with the subscription. Following Mr. Jiang’s subscription, he will hold approximately 19% of the Company’s outstanding issued shares. In accordance with the definitive agreement, Mr. Jiang has the right to nominate one new director to take the place of the current executive director.
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Tags: Desktop Stock Alert, EDAP, FMCN, Hot Stock Alerts, Hot Stock Commentary, Hottest Stock Alert, Investor's Health, MIPS, Penny Stock Picks, REMD, RPM, Stock Alerts, ZVTK
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