Trade Alert: MNLU, SPIN, HAUP, BSMD -- May 14, 2010
14 Mai 2010 - 3:56PM
Marketwired
Stock Market Alerts' performance stock list includes: Spine Pain
Management, Inc. (OTCBB: SPIN), Mainland Resources, Inc. (OTCBB:
MNLU), Hauppauge Digital, Inc. (NASDAQ: HAUP) and BioSphere
Medical, Inc. (NASDAQ: BSMD).
Spine Pain Management, Inc. (OTCBB: SPIN) issued a press release
announcing financial results for the first quarter ending March 31,
2010. Spine Pain Management, Inc. began operations of its first
clinic in Houston, Texas in late August 2009. Revenues for Q1 ending, Mar. 31, 2010 almost doubled to
$1,452,133 over the prior quarter posting net income of $355,123 or
$.02 per fully diluted share. In the same quarter last year
the company reported no revenues and a loss of $656,874.
William F. Donovan, M.D., the company's Chief Executive Officer,
stated, "We are very pleased with the company's progress for the
first three months of 2010 which far exceeded our original business
plan's top line by over a half million dollars with all revenues
coming from our home office clinic. We anticipate opening a second
clinic before the end of this second quarter. Details are being
finalized and will be reported as soon as completed. The company
anticipates adding at least two additional spine treatment clinics
in Q3, 2010 and 4 to 6 additional clinics in the next 12 months."
Dr. Donovan went on to say, "I am also happy to add that in April
2010, we agreed to the settlement of a pending lawsuit, which will
result in the return of 625,000 shares of common stock to the
company."
The stock closed yesterday at Ninety cents a share.
Mainland Resources, Inc. (OTCBB: MNLU) down 4.3% on 414,098
shares traded. Mainland Resources is a company engaged in the
exploration and development of oil and gas resources. The Company's
current initiatives are focused on the acquisition and development
of leases in emerging gas regions with the potential for
discoveries including the Haynesville shale.
Hauppauge Digital, Inc. (NASDAQ: HAUP) up 197% on 3.2 million
shares traded Hauppauge Digital is a leading developer and
manufacturer of digital TV tuner products for personal computers.
Through its Hauppauge Computer Works, Inc. and Hauppauge Digital
Europe subsidiaries, the Company designs and develops digital TV
video boards for TV-in-a-window, digital video editing and video
conferencing.
BioSphere Medical, Inc. (NASDAQ: BSMD) up 5.6% on 67,503 shares
traded BioSphere Medical, Inc. seeks to pioneer and commercialize
minimally invasive diagnostic and therapeutic applications based on
proprietary bioengineered microsphere technology. The Company's
core technologies, patented bioengineered polymers and
manufacturing methods, are used to produce microscopic spherical
materials with unique beneficial properties for a variety of
medical applications.
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OTCBB:SPIN OTCBB:MNLU NASDAQ:HAUP NASDAQ:BSMD
Hauppague Digital (CE) (USOTC:HAUP)
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