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Smallcap
Recap Archives
April, 2005: Hybrid
Technologies... Premier
Exhibitions...DIRT
MotorSports
...Trinity Biotech...CV Therapeutics...Pharmacopeia
Drug Discovery ...Onyxx...Health Sciences Group...Versar
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. . Is Lithium the New Oil? Lithium-powered vehicles
will have a larger presence than ever before at the New York,
International Automobile Show, the largest such show in North
America. At the show, Hybrid Technologies (OTCBB: HYBT)
will unveil its fleet of emissions-free, lithium powered vehicles.
Hybrid may be catching a tailwind of legislation, growing
concern about oil dependence and star power as high-powered
celebrities such as Leo DiCaprio proudly talk about their
hybrid cars.
. . . The Titanic rises again. Premier Exhibitions,
Inc. (BULLETIN BOARD: PXHB) brings its Titanic ...
The Artifact Exhibition to the Tropicana Resort &
Casino in Las Vegas. It will run through October 31st, 2005.
The exhibit includes authentic artifacts rescued from the
wreck site, which lies two and a half miles beneath the North
Atlantic Ocean. The Artifact Exhibition has been seen by more
than 15 million visitors worldwide, making it the most highly
attended and enduring traveling exhibition in history. Premier
Exhibitions, Inc., a major provider of museum quality touring
exhibitions throughout the world, is the only company permitted
by law to recover objects from the wreck of the Titanic
. . . Opportunities in Dirt.
Fans of dirt racing are extremely loyal and pack dirt racing
events around the country. That's why Motor Sports Racing,
Inc. d/b/a DIRT MotorSports (OTCBB:BMSR - News), added
the Lernerville Speedway in Sarver, Pa to its portfolio of
existing tracks. It is part of the company's expansion strategy
in the Mid-Atlantic and across the country." Recently
the company signed agreements with the country's top 15 sprint
car drivers to participate in the 2005 World of Outlaws Sprint
Series®, including 19-time World of Outlaws Sprint Series
Champion Steve Kinser.
. . . Irish take over New Jersey. Trinity Biotech
(Nasdaq: TRIB), an Ireland-based company which makes a broad
line of test kits used to detect infectious diseases, sexually
transmitted diseases, blood coagulation disorders, and autoimmune
diseases, acquired Research Diagnostics Inc in New Jersey.
The range of products RDI provides encompasses monoclonal
and polyclonal antibodies, antigens, proteins, enzymes and
immunochemicals employed in the areas of cancer, cardiac,
fertility and infectious disease diagnosis. RDI's operations
will be integrated with Fitzgeralds, a company with a similar
product line, that Trinity acquired last year. Annual revenues
last year increased 22% over the previous year, and Q4 revenues
increased by 42% compared to the same period last year.
. . . Combined brainpower.
CV Therapeutics (Nasdaq: CVTX) and Pharmacopeia
Drug Discovery, Inc. (Nasdaq: PCOP) have entered into
a drug discovery and development collaboration with the goal
of developing novel therapeutics. The partnership brings together
CV's molecular cardiology expertise and Pharmacopeia's cutting-edge
drug discovery technology to potentially speed the discovery
and development of new therapies for cardiovascular disease.
. . . Kidney cancer breakthrough.
Phase III clinical trial data showed that a new drug, BAY
43-9006, developed by Onyxx (NasdaqNM:ONXX) and its
partner Bayer, is able to slow the spread of advanced kidney
cancer. Based on the strong data, the drug may be eligible
for accelerated approval by the FDA, which can speed up the
approval approval from two or more years to only one year.
. . . Sweet spot. This
past weekend at the Natural Products Expo in Anaheim, CA,
Health Sciences Group (OTCBB:HESG), introduced a new
natural, zero-calorie sweetner. According to the company,
Shugr(TM) is the world's first natural sweetener that has
zero calories, tastes and cooks like sugar, is tooth friendly,
diabetic safe, and has no aftertaste. It is not made from
aspartame, cane sugar, acesulfame-K, saccharin, high fructose
corn syrup, neotame, fructose, honey or stevia. Instead, it
is made from sugars that occur naturally in fruits, vegetables,
corn and dairy products.
. . . Versar
(Amex: VSR) integrates a wide variety of skills,
including chemical and biological expertise, engineering and
architectural design, construction, and environmental skills
to support America's chemical and biological defense. Recently,
it was awarded an engineering services contract from the U.S.
Army Edgewood Chemical/Biological Center. The contract is
for a five-year term with a ceiling of $100 million.
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