Agoracom Blog

AGORACOM Small-Cap TV – 3 Great Press Releases Before The Open (October 12th)

Posted by AGORACOM at 11:31 AM on Friday, October 12th, 2007

Good morning to you all. Please find enclosed a summary of the great small-cap and micro-cap press releases we highlighted on our TV show this morning. It’s Friday, October 12th and we were able to uncover 3 great releases today , which is typical for a Friday when news volume is at its lowest. Nonetheless, these are 3 great press releases with some big numbers and names attached to them. Another great day for the small-cap and micro-cap world.

You can watch AGORACOM TV right from our home page , or our archive where you can see or search all of our previous shows.

If you are new to the show, it is a daily, fast-paced, edgy report that we put out at or before the open everyday that strictly reports on the best small cap and micro cap press releases of the day in 3-5 minutes. You can watch the show by going to AGORACOM every morning.

Our daily show focuses on content over form so that you can get profitable information into your hands as fast as possible. The same holds true for these blog entries where I simply cut and paste my TV notes for your benefit, without any editing.

If you have any material information pertaining to any of today’s companies, be sure to share your knowledge by posting your comments for everyone to see.

As always, don’t forget to visit the AGORACOM Marketplace where we list compelling summaries for over 65 great small-cap companies that you can sort by exchange and industry to suit your personal investing tastes.

Now, onto our show notes for the day.

Korean Consortium execute $19 million investment in Cree East Uranium Project

CanAlaska Uranium Ltd. (TSX-V: CVV)

execution of definitive agreements for investment by a Korean Consortium led by Hanwha Corporation (“Hanwha”) towards uranium exploration of CanAlaska’s Cree East Project, located in the Province of Saskatchewan, Canada.

According to Mr. Emil Fung, Vice President – Corp. Development, “The members of the Korean Consortium comprise Korea‘s leading energy and natural resource companies.

Korea Electric Power Corporation
Korea Resources Corp.
SK Energy Co. Ltd. (“SK”)

will join with Hanwha to invest Cdn$19 million towards an earn-in of a 50% ownership interest in the Cree East Project over a 4-year period“.

.39 (chart looks to have bottomed out after fall from .90’s

China Medicine Corporation (“CMC”) (OTC Bulletin Board: CHME),

Company’s ADTZ (Aflatoxin-detoxifizyme) project has been selected by Guangdong Province as one of six patent commercialization projects.

These selected six projects will receive financial and other support from the provincial and local government in order to assist in the rapid commercialization of the technologies.

How big is Guandong Province – 83,000,000 people

About China Medicine Corporation

China Medicine is a distributor of medical products, traditional pharmaceutical medicines, traditional Chinese medicines, Chinese herbs and dietary supplements to over 28 provinces and 2,500 customers within China. The Company sells more than 1,100 products and is actively building a pipeline of proprietary traditional and Chinese herbal remedy product

3.85 (stock has gone vertical since September 2.50 so be careful of sell on news)

Megadata Corporation (OTC Bulletin Board: MDTA)

US Airways is expanding its use of Passive Radar System by contracting for PASSUR FlightPerform(TM) live airspace analysis tools for improved airspace utilization, fuel management, and diversion management.

The new software will be deployed at US Airways’ Operations Control Center in Pittsburgh, and complements the existing use of PASSUR applications at US Airways’ major hubs and large Northeast stations..

— Access to the international network of proprietary PASSUR radar
installations, covering the US Airways’ network;
— True Tracking(TM) — completely unique high resolution, 4.6 second
aircraft update precision tracking of flight position driven by PASSUR
radar updates;
— Comprehensive view of the airspace activity, including arrival and
departure rates, real-time runway configurations, vectors, and miles-
— Live analysis of airborne holds — completely unique to PASSUR.

About Megadata

Megadata owns and operates a unique database of flight information with proprietary decision-making software, primarily powered by a growing international network of passive radars (PASSURs)

located at more than 70 airports world-wide, including 33 of the top 35 U.S. airports to improve operational efficiency of aviation organizations.



Comments are closed.