Message: AGORACOM Small Cap TV - August 25th - Highlights
Good morning to you all. Please find enclosed a summary of the breaking small-cap and micro-cap financial news we highlighted on AGORACOM Small Cap TV this morning. It’s Aug 25th, 2011, and we’ve found 3 great press releases to report on at the open. Another great day for small-cap and micro-cap financial news. To watch the show live every morning at 9:30 AM, visit our front page.
NQ Exploration Inc. (TSX VENTURE: NQE)
NQ Hits 16 Metres Grading 93.1 g/t Ag at Surface on Its Carheil Project
NQ Exploration Inc. (TSX VENTURE: NQE) is pleased to report early results of the new drilling program at its Carheil project (100% NQ). The first hole of the planned 20,000-metre program is revealing more and more of the potential of the near-surface silver zone about 30 metres down, just under the overburden, once again boosting the assessment of the open-pit potential. This hole returned the highest grade of all the shallow holes, with a total of 58.3 g/t Ag over 32 metres, including a higher grade zone of 93.1 g/t Ag over 16 metres.
Hole CA2011-018 is closer to surface than any other hole drilled by NQ Exploration to date. It should be noted that Hole CA2011-18 also intercepted a copper zone, returning an intersection grading 2.05% Cu and 14.4 g/t Ag over 3.0 metres within the altered felsic unit
ABOUT NQ EXPLORATION INC.
NQ Exploration Inc. is a mining exploration company with a solid portfolio of 11 mining properties in the James Bay and Abitibi regions of Quebec. NQ Exploration Inc. is betting on Quebec's excellent mineral potential and favourable investment climate to produce new world-class gold and base metal deposits.
Last Trade: 0.10552 Week: 0.18 – 0.07Market Cap: 7.03 Million
LifeVantage Corporation (OTCBB: LFVN)
LifeVantage Announces Preliminary Record Fourth Quarter and Fiscal Year 2011 Results
LifeVantage Corporation (OTCBB: LFVN), makers of Protandim®, the Nrf2 Synergizer(TM) patented dietary supplement, announced preliminary results for the fourth quarter and fiscal year ended June 30, 2011.
For the fourth quarter of fiscal 2011, the Company reported record net revenue of $15.0 million, compared to net revenue of $4.4 million in the same period last year, an increase of 241%. On a sequential basis, net revenue increased 50% from the $10.0 million reported for the third fiscal quarter ended March 31, 2011.
Operating income for the fourth fiscal quarter of 2011 is anticipated to be approximately $2 million, compared to an operating loss of $290,000 in the same period last year. The fourth quarter of fiscal 2011 represents the fourth consecutive quarter of achieving operating income.
For the full year fiscal 2011, the Company generated net revenue of $38.9 million, a 238% increase compared to $11.5 million in fiscal 2010. Operating income for fiscal 2011 is anticipated to be approximately $3.7 million, compared to an operating loss of $7.3 million in fiscal 2010, which represents a year-over-year improvement in operating income of approximately $11 million.
About LifeVantage Corporation
LifeVantage, (OTCBB: LFVN), makers of Protandim®, the Nrf2 Synergizer(TM) patented dietary supplement, is a science based nutraceutical company. LifeVantage is dedicated to visionary science that promises to transform wellness and anti-aging internally and externally with supplements that dramatically reduce oxidative stress at the cellular level.
Last Trade: 1.4152 Week: 2.07 – 0.28Market Cap: 111.63 Million
TrueContext Mobile Solutions Corporation Announces Q2 2011 Results
TrueContext Mobile Solutions Corporation (TSX VENTURE: TMN) ("TrueContext" or "the Company"), a mobile data solutions company today announced results for its three and six months ended June 30, 2011. 2011 represents TrueContext's first financial reporting year under IFRS and 2010 comparable results have been adjusted to reflect IFRS treatment. All amounts are stated in Canadian dollars unless otherwise noted.
Operating Results for the Three Months Ended June 30, 2011
Total revenue for the second quarter of 2011 of $338,628 represented an increase of 17% over total revenue for the 2011 first quarter of $288,788 and 122% growth over total revenue of $152,446 for the comparable second quarter of 2010.
Company Q2 net loss of $689,813 (Q2'10 - $482,967) and Q2YTD net loss of $1,271,971 (Q2'10YTD - $922,524) with increased loss due to additional spending on product development and operator channel sales and marketing support.
Company June 30, 2011 cash and cash equivalents of $1,207,833 and working capital of $665,031.
ABOUT PRONTOFORMS(TM) AND TRUECONTEXT
ProntoForms, by TrueContext, revolutionizes how mobile workers & managers communicate and report, improving business productivity and efficiency.
With the recent widespread availability of smartphones and tablet devices, digital mobile form submission is now a business reality - eliminating the costly, slow and error prone paper form business process.
Last Trade: 0.1652 Week: 0.30 – 0.08Market Cap: 8.51 Million
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