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| BMIX Adds More to Infrastructure ADMD Jumps 18% on Friday |
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 Hot Stock to Watch
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Company: Brazil Minerals Inc. (OTCQB: BMIX)
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End of Day:
Price: 0.081
Change (%): + 0 (0.00)
Volume: 36,800 |
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Brazil Minerals, Inc. Receives Capital Equipment Financing
BELO HORIZONTE, BRAZIL--(Marketwired - Jan 13, 2014) - Brazil Minerals, Inc. (OTCQB: BMIX) (the "Company" or "BMIX"), is a diversified mining company with revenues generated from the sale of rough and polished diamonds as well as gold. BMIX also has various ownership interests in gold, titanium, vanadium, and iron projects in Brazil. The Company announced today that it had closed a transaction with a U.S. family trust in which it received funding directed at the purchase of capital equipment which will be used primarily at its Mineração Duas Barras Ltda. ("Duas Barras") gold and diamond mining property in Brazil. The equipment purchased with these funds will be used to replace expensive rented equipment currently operating on the Duas Barras property.
Marc Fogassa, Chairman and CEO of BMIX, commented, "With this capital equipment financing, we are able to buy pre-selected items of capital machinery, such as an excavator and a bulldozer. We will capitalize them on our balance sheet and eliminate monthly outflows from expensive rental machinery."
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 Yesterday's Top Performer
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Company: Advanced Medical Isotope Corp. (OTCQB: ADMD)
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End of Day:
Price: 0.0749
Change (%): + 0.0119 (18.89)
Volume: 749,520 |
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Advanced Medical Isotope Corporation (OTCBB:ADMD) is a late stage development company engaged primarily in the development of brachytherapy devices and medical isotopes for diagnostic and therapeutic applications. AMIC's focus is on transitioning to full operations upon receipt of expected FDA clearance for its patented brachytherapy cancer product, Yttrium-90 RadioGel™. AMIC intends to file FDA premarket notifications for two related Yttrium-90 brachytherapy products. Brachytherapy uses radiation to destroy cancerous tumors by placing a radioactive isotope inside or next to the treatment area. Annual sales of brachytherapy products exceed 1 billion dollars, about half of which are in the United States. The Company intends to outsource material aspects of manufacturing, distribution, sales and marketing for its products in the United States and to enter into licensing arrangements outside of the United States, though the Company will evaluate its alternatives before finalizing its plans
Company Information Sheet |
Other Small Cap News
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Company: Medbox, Inc. (Pink Sheets: MDBX)
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Medbox Comments on FINRA Advisory Concerning Marijuana Stocks
WEST HOLLYWOOD, Calif., Jan. 13, 2014 /PRNewswire/ -- Medbox, Inc. (OTC Markets: MDBX), a leader in providing consulting services and patented systems to the medical and retail industries, commented on FINRA's renewed advisory concerning marijuana related stocks.
The advisory, released Friday, highlights what investors should be aware of when investing in marijuana related stocks.
The advisory stated, in part:
"We are reissuing this alert to warn investors not only about the potential for fraud in this arena, but also to reiterate the risks of investing in thinly traded companies about which little is known... One company, for example, promoted its move into the medical cannabis space by issuing more than 30 press releases during the first half of 2013. These releases publicized rosy financial prospects and the growth potential of the medical marijuana market. The company was also touted on the Internet through the use of sponsored links, investment profiles and spam email, including one promotional piece claiming the stock "could double its price SOON" and another asserting the stock was "poised to light up the charts!" Yet the company's balance sheet showed only losses, and the company stated elsewhere that it was only beginning to formulate a business plan."
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Company: Medical Alarm Concepts Holding, Inc (Pink Sheets: MDHI)
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Medical Alarm Concepts and JTT-EMS in Medical Alarm and Senior Communications Services Joint Venture
KING OF PRUSSIA, PA--(Marketwired - Jan 13, 2014) - Medical Alarm Concepts Holding, Inc. (OTC Pink: MDHI) and JTT Energy Management Solutions Ltd of Vancouver, Canada, today announced a joint venture to provide communication and emergency contact services for Cantonese and Mandarin speaking senior citizens living in Canada and the United States. The service, which will be launched in conjunction with Hong Kong-based D-100 Radio, operated by Global Chinese Network LTD, will initially be launched in Toronto and Vancouver, with expansion to San Francisco and other U.S. and Canadian cities over the coming months.
The new service offering will utilize a dedicated radio channel provided by D100, which will provide 24-hour Cantonese language programming for seniors. Integrated into the programming will be various service offerings that seniors can access by pressing their "easy call in button." Medical Alarm Concepts will be providing its MediPendant® product for use as the call-in apparatus, providing the senior with not only a way to interact with the service provider in a two-way manner, but also to summon help in the event of a fall or other medical emergency.
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Market News
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By Joe Mcdonald: AP Business Writer
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World stocks higher as jobs report shrugged off
World stocks mostly higher as US jobs report shrugged off, strong earnings anticipated
BEIJING (AP) -- World stock markets were mostly higher Monday as investors shrugged off weak U.S. employment figures and looked forward with optimism to earnings season.
Oil stayed above 92 dollars a barrel but gave up some gains after soaring more than 1 dollar on Friday on expectations weak job numbers might prompt the U.S. Federal Reserve to reconsider plans to reduce its stimulus.
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By Jeff Macke: Breakout
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Here's why gold's drop isn't done yet
Alas some investors in the old yellow metal might consider the dog’s fate a decent alternative to what’s happened to their portfolios of late. After more than a decade of doing nothing but move higher annually, physical gold and the SPDR Gold Shares ETF (GLD) got destroyed in 2013. For good measure the Market Vectors Gold Miner ETF (GDX) () got even more walloped, and has lost more than half its value over the last 52-weeks.
That’s neither a forecast nor prediction. Just the facts. Those few remaining metal bulls looking for solace should stop reading now or avoid the attached video because Bob Doll of Nuveen is about to say things only serious contrarians are going to want to hear.
“Real interest rates are going up, the U.S. economy is improving, we’re in an environment where a return to normalcy is the course of the day. None of this is supportive of gold.”
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