Dallas, Texas: StockGuru announces The StockGuru Spotlight for Wednesday, July 11, 2012. Featured in today’s Spotlights are PositiveID Corporation (OTCBB: PSID), AccelPath, Inc. (OTCBB: ACLP), Santa Fe Gold Corporation (OTCBB: SFEG) and Buildablock Corp. (OTCBB: BABL).
PositiveID Corporation (OTCBB: PSID), an emerging growth company and developer of advanced technologies for diabetes management as well as sophisticated airborne bio-threat detection systems for America’s homeland defense, today announced it has entered into an agreement with Simplex Healthcare, Inc. (“Simplex”), the parent company of the third largest mail order supplier of diabetic testing supplies, Diabetes Care Club, LLC (“DCC”), to provide PositiveID’s iglucose® System for diabetes management to people with diabetes. Simplex will purchase iglucose units and will begin trialing the iglucose mobile health diabetes management solution among its members.
PositiveID’s FDA-cleared iglucose uses mobile technology to revolutionize the way individuals with diabetes manage their condition. By wirelessly communicating data from glucometers to the iglucose diabetes management portal, glucose readings can be shared with family members and healthcare professionals. This makes it possible to improve care in a cost-effective manner. iglucose simplifies diabetes management by eliminating the burden of keeping logbooks and empowers individuals with diabetes to be more engaged in the self-management of their condition. iglucose is compatible with leading FDA-cleared glucometers and does not require the use of a cell phone or a wireless plan.
For more information on PSID, please visit: http://stockguru.com//tag/psid/
AccelPath, Inc. (OTCBB: ACLP) announced today that the Company has been approached by several contractors, who have winning bids relating to The U.S. government’s $6.9 billion Network-Centric Solutions 2 initiative (“NETCENTS-2”), to use the Company’s proprietary 3D camera facial recognition technology and products. AccelPath’s 3D camera technology is the only camera that meets the exact technical specifications specified for the NETCENTS-2 program.
The purpose of NETCENTS-2 is to provide Air Force, Department of Defense, and other Federal Agencies with a primary source of net-centric and IT products, services, and solutions. Use of the NETCENTS-2 contracts is mandatory for Air Force organizations as the contracts are awarded. The total value of NETCENTS-2 exceeds $24 billion over a seven-year period, while the portion applicable to AccelPath is $6.9 billion.
“AccelPath is a leader in 3D imaging technology. The Company’s 3D camera is a proprietary, novel device with many applications such as face recognition and medical imaging. We are proud that our 3D cameras meet the NETCENTS-2 requirements and are likely to be chosen by multiple companies who will eventually win the NETCENTS-2 contracts,” said Shekhar Wadekar, the Company’s Chief Executive Officer. “
For more information on ACLP, please visit: http://stockguru.com//tag/aclp/
Santa Fe Gold Corporation (OTCBB: SFEG) is pleased to report that preliminary results for its fiscal year ended June 30, 2012 indicate that sales increased over 80% as compared to sales in fiscal 2011. The results reflect record production at the Summit silver-gold mine in southwest New Mexico. The company reported recently that the Summit mine had successfully completed ramp up to the targeted production rate of 10,000 tons per month. Revenues are expected to continue to increase substantially over the next several quarters as the mine reaches higher grade portions of the ore body.
“We are pleased to see the mine overcome equipment difficulties encountered earlier in the year,” said Pierce Carson, CEO. “We expect this month, July, to set a record for mining and processing throughput and a record for shipments of concentrates and silica flux to the smelters.
“Our focus now is on optimizing the operation to reduce costs. We expect significant savings will be achievable in power costs at the mine and in trucking costs of silica flux to the Arizona smelters, among others.”
For more information on SFEG, please visit: http://stockguru.com//tag/sfeg/
Buildablock Corp. (OTCBB: BABL), announced yesterday that the Company recently executed a joint venture agreement with Linen Chest, a prominent Canadian-based bath and home retail chain with 27 stores, to perform live operation of the Buildablock e-commerce platform by means of real-time buyers of Linen Chest products. The strategic relationship between the two companies facilitates the launch of the Company’s interactive e-commerce website, the refinement of its operating system and the generation of performance data relative to the live deployment.
“The joint venture agreement is an important milestone in that it provides us with the high quality products of a prominent retailer, Linen Chest, with which to launch,” said Mr. Gary Oberman, Buildablock’s CEO. “We believe that aggregating purchasing power using social media is a powerful medium with which to harness consumer spending. We anticipate that the launch will foster immediate visibility for the Company and lead to a high initial subscriber adoption rate. We will then look to add additional retailers who wish to capitalize upon the advantages of selling to consumer buying groups. Upon the successful integration of the Buildablock platform, we look to significantly augment the online sales for Linen Chest as well as to help drive its in-store traffic.”
As part of the Agreement, Buildablock has agreed to highlight features intended to promote Linen Chest such as a map view of its retail stores, selected merchandise for sale and a top listing on its search engine for Linen Chest products. Linen Chest has agreed to populate numerous items of its merchandise into Buildablock’s selling platform which will help determine consumer interest from both its new and existing customers. Buildablock will generate revenue from consumer transactions as well as additional sources of revenue that are currently being developed.
For more information on BABL, please visit:
http://stockguru.com//tag/babl/
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