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| MJNA Responds to Allegations and Provide Projections |
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 Yesterday's Top Performer |
Company: PositiveID Corporation (OTCBB: PSID)
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End of Day:
Price: 0.0208
Change (%): + 0.0003 (1.46)
Volume: 2,873,164 |
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PositiveID Corporation is an emerging growth company and developer of biological detection and diagnostics systems for America's homeland defense industry as well as rapid medical testing. PositiveID is focused on the development of microfluidic systems for the automated preparation of and performance of biological assays in order to detect biological threats at high-value locations, as well as analyze samples in a medical environment.
Company Information Sheet
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 Hot Stock to Watch
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Company: Medical Marijuana Inc. (Pink Sheets: MJNA)
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End of Day:
Price: 0.34
Change (%): - 0.10 (22.73)
Volume: 75,595,764 |
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Medical Marijuana, Inc. Releases 2012 Annual Share Holders Report and First Ever Corporate Revenue Forecasts
SAN DIEGO, Feb. 18, 2013 /PRNewswire/ - Medical Marijuana, Inc. (OTCPink: MJNA), a leading cannabis and hemp industry innovator, today announced the release of its annual shareholders report including the 2012 financial statements with audited fourth quarter financials (Post 2/19/2013- OTC Markets). The Company earned net income of approximately 7.1 million dollars on record gross revenues of 12.38 million dollars for the year ended December 31, 2012. The company achieved significant growth in revenue and turned profitable during the year while also acquiring and developing some of the most recognizable and trusted brands in the industry. Below you will find the company’s 2012 operating and development highlights.
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SmallCapVoice Clients' News
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Company: Terra Tech Corp (OTCBB: TRTC)
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Terra Tech Corp. Completes First 175,000 Dollar Installment Payment to NB Plants For the Purchase of 5 Acres of Greenhouse to Begin Expansion Plans For the Edible Garden Brand
IRVINE, Calif.-(BUSINESS WIRE) - Terra Tech Corp. (OTCBB:TRTC), a leader in sustainable agricultural products, is pleased to announce it has completed its first installment payment to NB Plants for the 5 acres of greenhouse it has committed to funding as part of the acquisition plan.
Terra Tech’s successful acquisition of NB Plants, a 116-acre New Jersey farm and its brand ‘Edible Garden’, will push annual revenue in excess of 6 Million dollars. Edible Garden a premier local brand of sustainably grown produce is available at over 120 major grocery store chains such as Shoprite, Food Emporium and others throughout the Northeast. Additional signed contracts for new products will put the Edible Garden brand in over 280 retailers throughout New Jersey, New York, Connecticut, Delaware, Maryland, and Pennsylvania by the end of spring.
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Company: Marley Coffee (OTCBB: JAMN)
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Marley Coffee Now Being Distributed at Kowalski's Markets and Bristol Farms
LOS ANGELES, Feb. 14, 2013 /PRNewswire/ - Marley Coffee (OTCBB: JAMN), an artisan roasted gourmet coffee, announced that their products are now being distributed at all Kowalski’s Markets and Bristol Farms.
St. Paul, Minnesota based Kowalski’s Markets is a family-owned business with nine stores that feature premium foods, gifts and a variety of in-store amenities. Selection of Marley Coffee’s 8oz bags of coffee may vary at each store.
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Other Small Cap News
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Company: Medbox, Inc. (Pink Sheets: MDBX)
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Medbox Executes 6 Million Dollar Equity Transaction with Private Investment Firm
HOLLYWOOD, Calif., Feb. 19, 2013 /PRNewswire/ -- Medbox, Inc. (OTC Markets: MDBX), announced that the company has executed a $6 million equity transaction with a private investment firm involving a restricted stock purchase directly from the company at market rate as of January 17, 2013 for 5 million dollars and the remaining 1 million dollar stock purchase at a discount to market. The shares issued are considered a long-term investment for the firm that specializes in funding up-and-coming companies. The investment firm has made an initial payment to Medbox and is scheduled to complete funding of the transaction by May 2013.
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Company: Pernix Group, Inc. (OTCBB: PRXG)
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Pernix Group, Inc. Announces New Award for Transmission and Distribution Installation in the Solomon Islands
LOMBARD, Ill., Feb. 19, 2013 (GLOBE NEWSWIRE) -- Pernix Group, Inc. (OTCBB:PRXG) announced today that the company has been awarded a mandate to install a new 33 KV underground transmission cable by the Solomon Islands Electricity Authority (SIEA). The new cable will connect the Lungga Power Station to the Ranadi Zone sub-station, covering a distance of approximately four kilometers. The scope of the project includes all civil works, 33 KV high voltage cable and fiber optic cable design and supply, cable trenches, cable installation, jointing/terminations, and testing/commissioning.
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Market News
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By Will Kennedy: Bloomberg
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BP Ready for Trial After Failing to Find ‘Reasonable’ Settlement
BP Plc will defend itself against claims over 2010’s Gulf of Mexico oil spill at a trial next week after failing to reach a settlement with the U.S. and individual states.
“We have always been open to settlements on reasonable terms,” Rupert Bondy, group general counsel at BP, said today in a statement. “Faced with demands that are excessive and not based on reality of the merits of the case, we are going to trial.”
A two-phase trial will start at a federal court in New Orleans on Feb. 25, overseen by Judge Carl Barbier. The first phase will determine responsibility for the Deepwater Horizon accident, which killed 11 rig workers and started the worst U.S. offshore oil spill. The second will decide the size of fines under the Clean Water Act.
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By Tom Lauricella: The Wall Street Journal
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Investors Finally Shed Fears
In the constant battle between fear and greed for U.S. investor sentiment, fear appears finally to be losing ground.
Individual investors are doing more stock trading. Mutual-fund companies are seeing money being put to work in both stocks and bonds. Advisers say they are hearing from investors who had been hunkered down for years but now are feeling more comfortable that another big meltdown isn't lurking around the corner.
That doesn't mean greed has completely replaced fear. But as the worries that have dogged investors since the financial crisis finally begin to ease, a greater engagement in the markets could help stocks continue their grind higher.
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SmallCapVoice (SCV) is an electronic publication. Information sources for our profiles include, but are not limited to, online research, member suggestions, magazines, newspapers, analyst suggestions, information provided by the profiled company, press releases and similar sources. This communication is not an offer to sell or a recommendation that you buy or sell any security. SCV holds no securities licenses and is not qualified to provide investment advice. We are compensated for these advertisements by the profiled companies. You should not use this newsletter as the sole basis for any investment decision. While all investments involve risk, microcap stocks are among the most risky. Many microcap companies have no proven track record. You should only invest in microcap companies if you can afford to lose your entire investment. You should consult a qualified, licensed financial advisor or stock broker before making any decisions to invest in the securities of any company that is described in these profiles. These profiles are paid advertisements. Although we have a reasonable belief that the information in each profile is accurate, we cannot guarantee that the information is accurate. It is important for you to verify all information by your own independent research. You are receiving this message because you have agreed to receive emails from SmallCapVoice.com. You may opt out of our distribution list at any time by clicking on the "unsubscribe" link below. Link to full disclosure about compensation paid to SmallCapVoice.com, Inc. by companies featured on our website or in our e-mail communications. |
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