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 Wednesday, November 14th and small-caps are continuing to hit on all cylinders with 7 press releases to report today. The news comes from both sides of the border and a wide range of industries, though energy and resources are still dominating the headlines. Another great day for the small-cap and micro-cap world.
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Now, onto our show notes for the day.
SOYO (SOYO: OTCBB) Earns $.05 Per Share $2,441,113 vs $264 K and .01
Revenue for the Third Quarter Was $33,435,184 Increases 234 %
provider of computer and consumer electronics products,
About SOYO Inc.
SOYO Inc. is an innovative provider of consumer electronics such as LCD Monitors, LCD Televisions, Bluetooth, Portable Storage, LCD Furniture and broadband telecommunications products and services.
1.26
-------------------------------------------------------------------------- ($000s, except per share data) 12 months ended 09/30/2007 --------------------------------------------------------------------------
-------------------------------------------------------------------------- Revenue 73,176 -------------------------------------------------------------------------- Net loss (43,799) -------------------------------------------------------------------------- Net loss per share basic (0.37) -------------------------------------------------------------------------- Total assets 654,543 -------------------------------------------------------------------------- -------------------------------------------------------------------------
Production – Three months ended September 30, 2007
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Oil – net production, bopd 6,973
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Gas – net production, mcf/day 12,608
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Total net production, boe/d(i) 9,093 Up 15% sequentially
[boe/d = barrels of oil equivalent per day.]
We set new production and drilling records while acquiring four new heavy oil opportunities in
currently producing 10,500 boe/d, which represents a 527% increase over Q4 06.
expect to be within a range of 12,000 to 13,000 boe/d by year end.
2.99 (6.20 52-week high)
Automated Benefits (TSX VENTURE:AUT), Surpasses $100,000,000 in Paid Claims
Automated Benefits (AUT: TSXV) announced that its wholly owned subsidiary has surpassed $100 million in cumulative claims paid through the Autoben system.
John Jackson, President, Automated Benefits Inc. “Considering the Canadian market is approximately $11 billion annually for self-insured medical and dental benefits, Autoben has enormous room to grow organically and this milestone will help encourage confidence in new customers.”
Autoben provides a software solution for the adjudication of Health and Dental claims. This software adjudicates claims in real time
.21
Painted Pony Petroleum (PPY.a and .b) Announces $10,000,080 Bought Deal Private Placement of Class A Shares
equity financing arrangement with a syndicate of underwriters led by Blackmont Capital Inc. and including FirstEnergy Capital Corp., Westwind Partners Inc. and Cormark Securities Inc. (the “Underwriters”) on a bought deal basis. The offering will consist of 4,166,700 class A common shares (the “Class A Shares”) at a price of $2.40 per Class A Share for total proceeds of $10,000,080 (the “Offering”).
Went public in May 07, so not much known other than the Company commenced an active operated exploration program, focused on SE Saskatchewan and
Goldbrook Ventures (GBK: TSXV) Intersects 18.5 Metres of 1.4% Nickel, 0.7% Copper and 3.23 GPT PGE+Gold
initial drill results from the Sylvie target area on Goldbrook’s 100% owned Raglan property.
Drill hole SYL07-023 intersected 18.45 metres of 1.41% nickel, 0.67% copper, and 3.232 grams per tonne (gpt) PGE+gold from 96.4 metres down hole (Table 1). This interval includes five higher-grade intervals of massive, semi-massive and heavily disseminated sulfides.
More assays to come.
.42
Shear Minerals and Stornoway Diamond Recover 5.43 Carat Diamond From Churchill’s Kahuna Kimberlite
Shear Minerals Ltd. (TSX VENTURE:SRM) and
Stornoway Diamond Corporation (TSX:SWY)
announced the recovery of a 5.43 carat diamond from the second phase of processing of the 400-tonne bulk sample extracted earlier this year from the Kahuna kimberlite dyke on the Churchill Diamond Project, Nunavut.
The diamond is a broken fragment of a larger stone which is estimated, from the recovery of eight complementary broken diamonds in the same sample, to have been up to 14 carats in size. Results from the second phase of bulk sample processing at Kahuna are preliminary and diamond recovery is still underway.
The Churchill Diamond Project is owned 58.14% by Shear and 41.86% by Stornoway and is comprised of the diamond rights to more than two million acres
Emergent Group Inc. Reports Record Third Quarter Sales and EPS of $0.08 Emergent Group Inc. (OTCBB:EMGP), provider of mobile medical lasers and surgical equipment, announced results for the third quarter ended September 30, 2007. Net income was $430,448 or $0.08 per basic share for the third quarter as compared to net income of $445,765 or $0.08 per basic share for the same period in 2006. Emergent Group Inc. through its wholly owned subsidiary, PRI Medical Technologies, Inc. (“PRI Medical”) provides mobile laser and surgical equipment on a per procedure basis to hospitals, out-patient surgery centers, and physicians’ offices. Surgical equipment is provided to customers along with technical support personnel to ensure that such equipment is operating correctly. PRI Medical currently offers its services in (CURRENT PRICE $3.40)
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