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 November 26th and following a lull in US markets for Thanksgiving, we’ve found 7 great press releases from both sides of the border to report on at the open. Another great day for the small-cap and micro-cap world.
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Now, onto our show notes for the day.
Nightingale Informatix Corporation (TSX-V: NGH) Q2 and H1
a North American healthcare application service provider (ASP) of Electronic Medical Record (EMR) and practice management software solutions,
announces its financial results for the three- and six-month periods ended September 30, 2007. All results are reported in Canadian dollars unless otherwise stated.
Q2 Fiscal 2008 Financial Summary
——————————–
– Revenue was $7.0 million, a 102% increase from $3.5 million in
Q2 fiscal 2007.
– After subtracting revenue from VantageMed operations, Q2
fiscal 2008 organic growth was 20% over the same period in the
prior fiscal year.
– Recurring revenue(1a) was $4.4 million, or 63% of total
revenue, compared to $2.5 million, or 73% of total revenue in
Q2 fiscal 2007.
– Adjusted EBITDA(1b) (earnings before interest, taxes,
depreciation, amortization and stock based compensation)
increased to $0.3 million, compared to ($0.7 million)
– Net loss was $1.4 million, or ($0.02) per share, compared to
net loss of $1.1 million, or ($0.03) per share, in Q2 fiscal
2007.
– Change in the value of the U.S. dollar is estimated to have
negatively impacted Q2 revenue by approximately 7%, or
$0.4 million versus the same period during the previous fiscal
year.
.37
Novori Inc. (OTC BB:NOVO.OB) Reports 1st Profitable Quarter
www.novori.com Increases in All Significant Metrics
online interactive retailer of fine diamond engagement rings and jewelry
Novori’s performance excelled across several important metrics (August 2007 quarter VS 2006 quarter):
-- Gross profit increased 300%
-- Website traffic increased 117%
-- Revenues increased from $333,406 to $468,315 contributing to the
Company's first profitable quarter (a 40% increase)
.59 (off high of 2.08 when it started trading)
Prestige Telecom Inc. (TSX Venture: PR.V) Q2 and H1
a leading provider of engineering, materials furnishing and installation (EF&I) services for the Canadian telecommunications industry, today reported its second-quarter and six-month results for the period ended September 30, 2007. This is the first quarterly financial report since the Company’s going-public transaction on July 30, 2007.
Revenue $18.283M
Loss $2,000
EBIDTA $1.17M
Fortified Holdings Corp. (OTC BB:FFDH.OB)
Sub has received a commitment from the
Provisioning of NOMAD Mobile Incident Command platforms to the City of New Orleans DHS&PS will provide for significantly improved Command & Control during major events hosted by the City such as the upcoming Sugar Bowl and Mardi Gras festivities
lessons learned from Katrina include the absolute necessity of uninterruptible communications throughout emergency situations.
Company sales representative Jim Elliot comments, “Post Katrina, we got the opportunity to examine what occurs in an urban environment when the command infrastructure loses communications overnight. We set out to listen to industry leaders who dealt with that situation and we learned a whole lot from their experiences. Fortified’s products are a direct answer to many of the problems encountered in 2005.
.49 (no trades since Nov 7, even though there have been several PR’s)
Fiber Optic Systems Technology, Inc. (“FOX-TEK”), (TSX-V: FOX)
More PinPoint Systems Installations Online in
FOX-TEK” develops non-intrusive asset health monitoring sensor systems for the oil and gas market to help operators track the thinning of pipelines and refinery vessels due to corrosion/erosion, strain due to bending/buckling, and process pressure and temperature.
today announced successful completion and start of on-line operation of two more PinPoint internal corrosion monitoring systems in the last two weeks.
.36 (way off high of $2.29, so you might take advantage of tax-loss selling..unless there is a specific reason for the selling)
CanAlaska Uranium Ltd. (TSX-V: CVV)
first assay results from exploration samples on the Grease River Project. There are extensive areas of high to very high uranium in lake sediments, as well as rock samples to 1.79% uranium in surface boulders.
The extensive nature of the uranium mineralization in lake sediments and the early success of the regional reconnaissance style exploration, provide strong indications for the future definition of drill targets from the summer campaign.
.43
Oriental Minerals Inc. (CDNX:OTL.V)
Hits 0.41% Tungsten Over 11 Metres Near Surface — Continues to Expand Deposit North, East and West
further results from diamond drill holes SD-17, 18, 19 and 21 from the Phase 2 drill program at the Sangdong tungsten-molybdenum project in
President and CEO Willie McLucas states: “We are extremely pleased with the results to date from Phase 2 drilling. Today’s results continue to show several high-grade horizons near surface. It is significant that the thickness and grades are increasing as we move north, west and east. We believe that results to date already indicate a deposit of world-class size and have initiated an inferred resource estimate that will meet current regulatory requirements while drilling continues to expand the deposit.
END OF SHOW NOTES