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| MJNA Funds Future Growth and PZOO Hits the National Stage |
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 Yesterday's Top Performer |
Company: Medical Marijuana Inc. (Pink Sheets: MJNA) |
End of Day:
Price: 0.0349
Change (%): + 0.0005 (1.45)
Volume: 2,784,270 |
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Medical Marijuana, Inc. Closes with Lotus Capital for a 2MM Dollar Equity Based Line of Credit
SAN DIEGO, Aug. 14, 2012 /PRNewswire/ - Medical Marijuana, Inc. (OTC: MJNA) a leading hemp industry innovator, has announced that the Company has signed closing documentation for a 2MM dollars USD line of credit with Lotus Capital, a Chicago based private equity firm. The line of credit will be used as a reserve fund for product expansion of the Dixie X line of Cannabidoil (CBD) based products as well as to support the national marketing campaign of the Dixie X and CanChew gum product launch, scheduled for early September. The LOC will also be available to support future expansion through Company acquisitions.
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 Hot Stock to Watch |
Company: Pazoo Inc. (OTCQB: PZOO) |
End of Day:
Price: 0.32
Change (%): - 0.01 (3.03)
Volume: 1,800 |
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Pazoo.com Set To Launch First National TV Advertising Campaign
CEDAR KNOLLS, N.J., Aug. 14, 2012 /PRNewswire/ - Pazoo.com (OTCBB: PZOO) - the #1 online health and wellness social community for people and their pets - has completed production of its first national TV ad campaign which includes three 60-second commercials. The commercials are scheduled to air on approximately 70,000 60-second local spots running in September and October.
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Other Small Cap News
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Company: MEDL Mobile Holdings Inc. (OTCBB: MEDL) |
MEDL Mobile to Present at the RedChip Small-Cap Equities Virtual Conference
FOUNTAIN VALLEY, Calif., Aug. 14, 2012 (GLOBE NEWSWIRE) -- [MEDL Mobile, Inc.] MEDL (OTCBB:MEDL), a pioneer in the creation, development, marketing and monetization of mobile apps, announced today that they will present at the RedChip Small-Cap Equities Virtual Conference. The Company's presentation will be webcast live at http://www.redchip.com on Wednesday, August 29th, 2012, beginning at 11:15 a.m. Eastern time.
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Company: Computer Software Innovations, Inc. (OTCBB: CSWI) |
Computer Software Innovations, Inc. Announces Second Quarter 2012 Financial Results
Nancy Hedrick, CEO of CSI, stated, "Our team remains focused on improving gross margins and earnings and providing value to our shareholders while delivering excellent solutions and services to our customers. We continue to make investments toward enhancement of our intellectual property portfolio, particularly in the Financial Management Applications Segment of our business while continuing to focus on sales from our Technology Solutions Segment.
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Company: Concordis Group, Inc. (OTCQB: CNGI) |
Concordis Group, Inc. Names Thomas C. Blake New CEO
DESTIN, Fla., Aug. 14, 2012 /PRNewswire/ -- Concordis Group, Inc. (OTC Markets: CNGI), a growing financial holding company, today announced its Board of Directors has selected Thomas C. Blake as the company's new CEO.
Mr. Blake has over 35 years executive experience in the insurance, financial and healthcare industry. He also has extensive knowledge managing insurance company/agency mergers and acquisitions.
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Company: Communication Intelligence Corporation (OTCQB: CICI) |
CIC Reports Second Quarter 2012 Results
REDWOOD SHORES, Calif., Aug. 14, 2012 /PRNewswire/ -- Communication Intelligence Corporation ("CIC" or the "Company") (OTCQB: CICI), a leading supplier of electronic signature solutions and the recognized leader in biometric signature verification, today reported total revenue of 525,000 dollars for the three months ended June 30, 2012, an increase of 199,000 dollars or 61%, compared to total revenue of 326,000 dollars for the same quarter in the prior year. For the six months ended June 30, 2012, total revenues were 1,191,000 dollars, an increase of 587,000 dollars, or 97%, compared to total revenue of 604,000 dollars for the same period in the prior year.
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Market News
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By Drew Sandholm: CNBC.com |
Cramer Explains What's Sending Stocks Higher
Although the S&P 500 snapped its six-day winning streak Monday, Jim Cramer noted that stocks have largely been able to push higher despite an array of economic concerns, including weak commodity and shipping numbers.
"So, what's going on here? What's behind the weak fundamental commodity and shipping numbers and the strong move up in stocks?" the "Mad Money" host asked. "How could we have ten straight up weeks in Europe, and five straight in the U.S.?"
Cramer sought to answer his own question by making the following three points, which he outlined in detail in the embedded video.
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By Jeff Macke: Breakout |
The Bull Market Is Long in the Tooth: Yamada
Since the lows of March, 2009 the stock market has bent, wilted, slumped and corrected, but it's never broken. Whether through timely intervention by the Fed, corporate expense fudging or simply by virtue of the U.S. stock market being the best of a lousy list of global investment choices, stocks have figured out a way to inch higher regardless of the environment.
"The average bull market advance is 34 months; this is running 41," says famed chartist Louise Yamada, managing director at LYA in the attached clip. "It's long in the tooth but we've been saying that for quite some time."
Yamada says the bears have every reason to be frustrated by the tape's resilience. The Dow Jones Transports (^DJT) aren't moving higher with the industrials, volume is weak, breadth is lousy, and stocks are at the top of a short-term channel, refusing to even move lower for a 2% trade.
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