Category Archives: Stocks

Destiny Media Announces Record Results for Q1

VANCOUVER, Jan. 14 /PRNewswire-FirstCall/ – Destiny Media Technologies (OTCBB: DSNY) is pleased to announce results for the quarter and period ending November 30th, 2010. Revenues of $1,056,638 are the highest in the company’s history and reflect an increase of 17% over the previous quarter and 1% over the same quarter in the prior year. International revenues grew 23% over the prior year, expressed in USD, despite an 8% decline in the Euro. North American revenues declined 7% reflecting lower paid transaction volumes by two of the four major labels.

Net income of $72,680 declined from $322,680 in the prior quarter, as a result of a 27% increase in operating expenditures. The majority of this increase was associated with non-recurring costs associated with a new TSX stock exchange listing, an increase in legal fees because of a trial which occurred during the quarter, and unfavorable exchange fluctuations.

Company CFO, Fred Vandenberg comments “In 2011 we expect to capitalize on the investments we made in 2010 which include the integration of our patent pending watermarking technology into the industry’s anti piracy web crawler and the ongoing development of the ability to deliver music directly into RCS’s global network of radio scheduling systems, first announced in December 2009. We have observed continual growth in Play MPE® revenue over the past 4 years and believe we can continue this trend in the immediate future.”

Pennyheaven Top Picks 2011

No Super 7 this year just my top three picks.
Prices reflect close of business 12/31/10.
Best of Luck and Wishing All of You a Very Happy and Prosperous New Year

1) International Dispensing Corporation IDND.PK .45

IDC is a research and development company that develops and manufactures cutting-edge dispensing solutions, and provides expert supply chain and consulting services, to the food-and-beverage and packaging industries. Its flagship product, The Answer® tap, enables aseptic liquid product to be dispensed from a flexible package over time without compromising the safety of the remaining contents, even without refrigeration.

For more information about IDC, please visit http://www.idcdispensing.com

Latest Quarterly Report: 9/30/2010

Latest News: IDC and PepsiCo Sign Agreement for The Answer

2) Vitro Diagnostics VODG .15

Vitro Diagnostics, Inc., dba Vitro Biopharma owns U.S. patents for production of a fertility drug, immortalization of pituitary cells, and a cell line that produces beta islets for use in treatment of diabetes. Vitro’s mission is “Harnessing the Power of Cells™” for the advancement of regenerative medicine to its full potential. Vitro also owns pending U.S. patents for stem cell therapy of cancer, generation of pluripotent stem cells and is continuously developing patentable cell lines and technologies. Vitro operates within a new high tech and regulatory compliant manufacturing, R&D and corporate facility in Golden, Colorado. Vitro manufactures and sells “Tools for Stem Cell and Drug Development™”, including human mesenchymal stem cells and derivatives, optimized media for sustained self-renewal, lineage-specific differentiation and products supporting induced pluripotent stem cell and cancer research. Vitro recently formed a strategic alliance with HemoGenix®, Inc. to jointly manufacture and distribute Lumenesc™ and LumiSTEM™ assays for quality and potency determination of MSCs, ESC and iPSCs.

For more information about VODG please visit http://www.vitrobiopharma.com

Latest quarterly Report: 7/31/2010

Latest News: New Results Reveal Extensive Competitive Advantages of VitroGrow™ Stem Cell Culture Media

3) WebMediaBrands Inc WEBM 1.63

WebMediaBrands Inc. is an Internet media company that provides content, education, trade shows and online job board services to media and business professionals. The Company’s online business includes: (i) mediabistro.com, a leading blog network providing content, career and educational resources about major media markets and industry verticals including new media, social media, Facebook, TV news, advertising, public relations, publishing, design and mobile; (ii) SemanticWeb.com, providing industry leading content on Semantic Web technology; (iii) Brands of the World, Ads of the World, and other related websites, providing industry leading content for creative, advertising, and design professionals; and (iv) e-commerce websites including Freelance Connect and StockLogos.com. The Company’s trade show and educational offerings include conferences, online and in-person courses, and video subscription libraries on topics covered by the Company’s online business.

Latest quarterly Report: 9/30/2010

Latest News: WebMediaBrands Inc. Announces Plan to Repurchase Shares of Its Common Stock

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Destiny Media Q2 Revenues Grow 86% Over Prior Year

VANCOUVER, British Columbia, April 14 /PRNewswire-FirstCall/ — Destiny Media Technologies (OTC Bulletin Board:DSNY.obNews) is pleased to announce results for the quarter ended February 28, 2010. Q2 EBITDA was $193,398 on total revenue of $869,864.  During the sixth month period, the company generated net income of $449,849 and EBITDA of $528,109 on revenues of $1,917,392.

The company continues to grow revenue and income through expanded use of the Play MPE® system where revenue during the quarter showed a 106% increase over the same quarter in the prior year.  This growth has been seen across all segments including an increase in North American revenue of 40% and a 535% increase in international revenue. International revenue represents 41% of Play MPE® business for the quarter.

“The increase in our revenue is the result of the continued acceptance of the Play MPE® system which appears to be the system of choice in the industry.  After years of developing the system and network of users, we are very encouraged by the continued increase in Play MPE® revenue.  Each quarter our revenue continues to grow by approximately 100% over the previous year’s quarter.   Over the past three and half years, Play MPE® revenue has grown by an average of 135% higher over the previous year’s quarter and in twelve of those quarters Play MPE® revenue has grown by at least 90%,” said CFO Fred Vandenberg.

A share repurchase program began during the quarter and to date the company has repurchased a total of approximately 520,000 shares for cancellation.  In addition, the company has reduced the number of $0.22 warrants outstanding by 600,000 by way of an exchange  for 336,000 shares and repurchased 150,000 options with a strike price of $.25 for payment of $30,000.

TCCO Reports Results for the First Fiscal Quarter Ended 12/26/09

Technical Communications Corporation Reports Results for the First Fiscal Quarter Ended December 26, 2009

Feb 5, 2010 – CONCORD, Mass.–(BUSINESS WIRE)–Technical Communications Corporation (OTC BB: TCCO.OB – News) today announced its results for the fiscal quarter ended December 26, 2009. For the first quarter of the Company’s 2010 fiscal year, the Company reported net income of $2,356,000, or $1.62 per share, on revenue of $4,764,000, as compared to net income of $206,000, or $0.14 per share, on revenue of $1,844,000 for the quarter ended December 27, 2008. Included in net income for each of the quarters ended December 26, 2009 and December 27, 2008 is $(19,000), or ($0.01) per share, respectively, in stock-based compensation expense.

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Super 7 Update – SPCK and DSNY

1) Superclick Reports Record Revenue and Net Income for the Fiscal Year Ended October 31, 2009 (1/13/09)

2) Destiny Media Q1 Record Revenues Jump 89% (1/14/09)