Wednesday, August 29, 2007

AeroMechanical Flies Into World Record

In keeping with the age-old line that good things come in small packages, AeroMechanical Services staff were elated that the Indian Air Force (IAF) micro light aircraft, which carried its tracking and communications technology, landed safely and set a new around-the-world flight record.

The plane weighs under 500 kilograms - with its two pilots, luggage and fuel - and its pilots shaved roughly 19 days off the world micro light record by flying around the globe in 79 days.

Piloted by IAF Wing Commander Rahul Monga, 37, and co-pilot Anil Kumar, 38, the two braved foul weather in their cramped cockpit and temperatures ranging from tropical to sub Arctic.

The tiny plane has no heat or air conditioning.

No washrooms, either. But there were always empty bottles on board.

To view the full press release on the flight and AeroMechanical's role in it please click here.

To view the Indian Air Force journey in Google Earth click type http://www.amscanada.com/download.htm into your web browser and follow the links.

Pilot Rahul Monga penned an open letter to AeroMechanical CEO Bill Tempany after his long journey. Here it is:

Dear Mr. Tempany:

At the outset, I must thank you and say that this expedition would not have been possible without the equipment provided by you.

The communication was fantastic and helped me shave days off the existing record through frequent route alterations and in-flight decisions.

The tracking system helped our ground control, as well our many friends following the flight.

It was also a very good flight safety aid, and would have proven invaluable in any survival situation if the need had arisen.

Thank you for the help.

Best regards

Wing Commander Rahul Monga

Tuesday, August 28, 2007

Brainhunter Stock Well Below Analyst's Target Price


Catalyst Equity Research analyst Robin Cornwell has just updated his research on Brainhunter (BH - TSX) based on the release of Q3 (June 30)/F07 results, which saw the Company reporting EBITDA of $6.17 million or $0.15/share basic.

Mr. Cornwell is maintaining his $1.70 target price with revenues forecast at $228 million and EBITDA of $0.20/share for F07 (Sept.30). The stock is trading in the low $0.60's.

Revenue in Q3 was $56.57 million and just a few thousand dollars short of $170 million for the nine months of the fiscal year.

On the subject of earnings he wrote, "Pre-tax income before non-cash expenses for Q3/07 was approximately $1.3 million up from $0.5 million in the same period last year (excluding the restructuring charge). A net loss was reported of $0.4 million in the quarter which was a significant improvement over the net loss in Q3/06 of $2.5 million (which included a restructuring charge of $1.6 million). The Q3/07 loss was after amortization expenses in the amount of $1.8 million and interest accretion (non-cash interest) of $0.3 million."

On the subject of debt he wrote, "The total debt of the company was $41.1 million up from $39.7 million as at the end of September which includes the current portion of long term debt
of $3.3 million and the bank term facility of approximately $22.2 million. Brainhunter has a revolving demand bank credit facility of $26 million."

Of note, he passed comment on BH's recent news release that it was exploring alternatives including private equity for acquisitions or possibly taking the company private. To quote him, "
This strategic review could in our opinion lead to a transaction that provides significant liquidity for shareholders and achieve a shareholder value more in line with our 12 month share price target."

Should Mr. Cornwell be correct in his pricing assumption if BH is taken private, the market may wake up one day not too far down the road and realize that it passed up a quick 100% to 200% gain on the stock from current levels.

To read the update research report click here.

Neptune VP Finance On U.S. Financial Program


Andre Godin, Neptune's (NTB - TSX V / NEPT - NASDAQ) VP of Finance will be interviewed live today (August 28th) at 11 AM ( Central) on MN1.com.

This U.S. based internet financial site is similar in nature to Canada's BNNtv (Business News Network - formerly ROBtv).

It was only recently that Neptune obtained its NASDAQ listing, so the timing of this interview is to NTB's benefit as it is now very focused on expanding awareness of the company in the U.S.

Should you not be able to view the interview live, go to MN1.com and click on the MN1 videocasts section (archives) a couple of hours after Mr. Godin is interviewed.

Monday, August 27, 2007

AeroMechanical Competitor Tries To Raise Ruckus


Some concern cropped up after a competitor of AeroMechanical's asked the United States Patent and Trademark Office (USPTO) to "re-examine" AeroMechanical's patents.
AeroMechanical (AMA) released news of the re-examination request made by Toronto-based Star Navigation on August 24th and issued some clarifications on August 27th (click here to read.)
It is important to note that Star's re-examination request is not a claim of patent infringement, a law suit or any action that will affect AeroMechanical's ongoing business.
Reexamination requests can be made by any third party and, as such, the USPTO states many requests are denied.
In any event, AeroMechanical is more than confident all of its patent filings are in order and its patents are valid and in good standing.
Star Navigation claims its technology is everything that AeroMechanical's is and more. However, the market should ask one simple question.
What is Star's confirmed contract base and number of clients and how does that compare to the number of airlines and aircraft signed by AeroMechanical to date?
Interestingly, the venerable and highly respected British aerospace firm, Meggitt, exhaustively reviewed AeroMechanical and its competitors while looking for a firm to partner with in selling breakthrough tracking, diagnostic and communication technology to aircraft manufactures around the world.
Meggit chose AeroMechanical.
It's ironic that AeroMechanical applied for the very patents Star wants re-examined on November 11, 2002, which is the same year Star was founded and listed on the TSX Venture Exchange.
In Star's most recent Management Discussion and Analysis (MD & A) posted on SEDAR, Star states it has a cash balance of $18,246 as at March 31, 2007 and had a working capital deficiency of $3,415,689.
Star's MD & A also shows the company is paying a portion of its office building rent in shares and that "compensation and rent (are) due to directors and persons related to them as well as to employees."
In addition, the MD & A shows Star failed to record any revenue from June 30, 2005 to March 31, 2007. AMA has several million dollars in the bank and had revenues of approximately $1.3 million for the first six months of this year, which is up substantially from 2006.
Investors should also do a little homework and review litigation issues, which currently surround Star.

Wednesday, August 22, 2007

LMS Medical & Best Practices Group Align Efforts

LMS Medical Systems (LMZ - TSX / AMEX) has released news that it has struck an agreement regarding "use" of the predictive software technology for Obstetrics called CALM Shoulder Screen with Best Practices Medical Partners, LLC, (BPMP).

The Lakeland OB/GYN Group in Florida is the first group of obstetricians to be insured by a BPMP affiliate that has also gone live on the technology. BPMP provides superior clinical risk management services to organizations at risk for medical liability and "teams with physician offices who derive value by implementing best practices and technologies to improve clinical risk assessment while mitigating associated financial risks."


Florida has unfortunately been "Red Flagged" by the American College of Obstetricians and Gynecologists due to litigation and malpractice suits, which have driven annual insurance premiums to as high as $300 thousand for OB/GYNs. Understandably, costs alone make the U.S. state a tough place to practice and a less than appealing location to establish a practice.

CALM Shoulder Screen assesses the risk of occurrence of shoulder dystocia which, as noted in the news release, "...represents one of the most important causes of litigation and payouts in obstetrics. The condition occurs when the baby's shoulder gets stuck behind the mother's pubic bone during childbirth. Generally viewed in the medical community as unpredictable and unpreventable, shoulder dystocia is one of the most feared conditions that can occur during labor and delivery. Potential injuries include brachial plexus impairment, brain damage and sometimes death, with associated medical malpractice payouts ranging from $500,000 to $2 million."

To read the news release click here.

Tuesday, August 21, 2007

OneMove Pens Deal With International Firm

The huge international firm of MacDonald, Dettwiler and Associates Ltd., (MDA) has aligned itself with the British subsidiary of OneMove Technologies (OM - TSX V) to act as a distributor in England and Wales of government mandated information packages MDA has created.

OM will provide access to the information to its growing base of estate agents in the jurisdictions.

The information packages called Home Information Packages (HIPS) include legal disclosures and home inspection documents that sellers of homes with four or more bedrooms must provide to all home buyers. By the end of the year the program will be applicable to much smaller dwellings as well.

The British government passed the order in hopes of speeding up real estate transactions and making the process more transparent.

MDA has over 3,000 employees world wide. It provides high-tech information solutions to major corporations and governments around the globe.

The beauty of the MDA - OneMove program is that it is entirely web based.

To view the full press release please click here.

Thursday, August 16, 2007

BRAINHUNTER'S STOCK VALUE 136% TOO LOW


One week before Brainhunter announced it is studying the possibility of a private equity deal that may result in the company saying adieu to public markets, a research report concluded Brainhunter's stock price should be 136% higher than it was trading at.
The report by Fundamental Research Corp. estimated the fair value of Brainhunter's stock was $1.79.

That was on Aug. 7th, when the stock was trading in the $0.75 range.

The report, which was not released by Brainhunter but appeared on the Internet mid August, found that Brainhunter's impressive growth and promising prospects were being missed by investors.
Project authors Brian Tang, CFA, and Siddharth Rajeev, MBA, said organic growth alone should drive FY2007 revenues to $237,894,180, a 42.9% year-over-year increase from 2006.

They estimated FY2008 revenues to increase 15.5 % over 2007 and that it will find the Holy Grail of profitability in 2009.

Furthermore, the report found Brainhunter's already impressive growth through acquisitions was equally promising in the near term.

Click here to see the full report.

Tuesday, August 14, 2007

Shareholder Value...How do you get it?


Years of management frustration over Brainhunter's low share price prompted management to announce August 13th, it is taking a strategic look at the company's future.
That no-option barred examination may result in the the company being taken off the public market.
Here's why.
Management has increased Brainhunter's growth substantially, growing sales from $2.8 million to over $225,000,000 in less than 6 years.
Management has increased the backlog of business to the tune of $400,000,000.

EBITDA has always been positive and now sits at over $8 million. The technology value of the company's proprietary software is just starting to emerge.

Management has always focused on avoiding dilution for shareholders, but debt is an obligation which can be hard for the average investor to deal with in a review.

Brainhunter has been able to acquire companies and increase sales with capital provided by low risk debt, some would say zero risk. The comment zero risk is from followers who point out that Brainhunter's bank debt is secured against low risk receivables, the type of receivables which traditionally have provided a zero per cent write off.

On the downside, management was delayed in some of their forecasts and this has helped drive the stock down. But now the company is finally delivering on all of its promises.

But despite the company's stellar growth, its stock price is low. Its organic growth will in all likelihood continue to be financed from low risk bank debt against increasing receivables. However, acquisitions require capital that should be financed from an equity raise. The problem with this is an equity raise would be dilutive and management will avoid that at all costs even if it means going private .... remember management and insiders own a large percentage of the company.

Yesterday, on August 13th, management announced they are looking at all alternatives, which will mainly include either selling the company or remaining on the public market.

Management is hungry to grow and is talking to those private equity players who recognize the value of Brainhunter. If support comes from this sector, a run at the stock will be made at some premium to the present market. If management can not engage someone then what are we looking at? Maybe the market is just too tough right now and fair value will not be recognized until EBITDA increases to a point where losses disappear. (The company estimates it will be in the black in 2009.) Or will a third option be considered .... sell the company? They have stated several times that they can at a major premium to the market.

Whatever management does, their goal in this exercise is to maximize shareholder value. They are firm in their belief that the market is grossly undervaluing the company and that they have a business which can grow to over $1 billion in gross revenues, with a four per cent bottom line in the foreseeable future. To get there, they are willing to put managements' stock in concert with private equity players to share in the upside with them because their public market support just doesn't seem to be there.... and the cost of dilution to get it to a fair market value is just too high.

John McKimm, Brainhunter's chairman and CEO, is betting stock is way too cheap.

Shareholders will find out very soon.

These are interesting times.

LMS, Holding Strong

Claude Camire of Paradigm Capital Inc. reports LMS Medical Systems (LMZ - TSX / AMEX) Q1 results: "slowly but surely".

Paradigm reiterates what we have been telling the market, that LMS is well positioned and is the only player in the field of obstetrics. Obstetrics is a giant, stable business that is largely untapped. Even with Q1 results being slightly lower than forecasted, Paradigm expects the revenues to meet the estimate of $7.0 m. Obviously they believe traction will continue and make up for any shortfalls for the year. Despite our difficult markets , Paradigm is keeping its' revenue estimates intact for FY08 at $7.0m. and maintains its BUY rating with a 12 month target of $2.25.

LMS has reported an increase in backlog of signed and recurring contracts from $4.4m in the last quarter to $4.6m. Paradigm believes that it is only a matter of time and efforts before LMS gains wider customer acceptance.

The next 6 months will be worth watching.

Monday, August 13, 2007

Planet Organic Welcomes New Board Member

Planet Organic Health Corp (POH: TSX V) added a key board member Brent Knudsen to its' team as announced today.

Currently Brent is the managing partner of Partnership Capital Growth Advisors, LLC. He was an original partner in North Castle Partners where he was key in developing EAS which is the leading active nutrition brand in the U.S. In this time he also developed Red Door Spa's and was part of the original aquisition of Naked Juice.

Since 1983 Brent has focused his career in the healthy and active living and aging markets. Brent cut his teeth at Bain and Company working on health care strategy and mergers and acquisitions. This soon led to him serving as the original VP of Marketing and Business development for Price Club and Costco before and after their merger. Within his tenure he witnessed growth from a $20 billion company to the giant it is today at $60 billion. He definitely brings many years of relevant experience and expertise to the board.

Brent was an important part of the process in the financing and acquisition of the retail chain Mrs. Green's for POH and we expect his experience can only help Planet Organic continue to grow.

To read news release click here.

Pure Nickel Graduates To Senior Exchange

Pure Nickel (NIC - TSX V / PNCKF - OTCBB) announced today that approval has been granted for it to begin trading on the TSX on August 14, 2007. It will trade under the same ticker symbol as it did on the TSX Venture, "NIC".

Being listed on the senior exchange provides affirmation of Pure Nickel's credibility as a world class nickel play. It will also attract a much larger audience from institutions and other investors who prefer this exchange over the TSX Venture.

To read the news release click here.

Friday, August 10, 2007

Brainhunter Numbers Continuing Moving In Positive Direction

The release of Q3F07 (June 30th) results continued to reinforce Brainhunter's (BH - TSX) public assertions of last year that F2007 would be the start of a long trend to the positive.

Revenues in the quarter were $56.57 million versus just over $42 million for the same quarter of last year. Revenues on the nine months were a few thousand dollars short of $170 million, a 42% jump over the nine months of F2006. The Company is on an annualized run rate of $225 million.

EBITDA in the current fiscal year is $6.176 million and up 39% over last year. Backlog plus expected renewals and extensions of contracts and standing offers exceed $4 hundred million, with over $2 hundred million expected for the F2008. Organic growth for F2007 ending September 30, 2007 is expected to exceed 35%.

A key line in the news release was: "Continued growth to consolidated EBITDA is expected in the 2008 fiscal year from both organic and acquisition initiatives. Brainhunter is also expecting improvement in consolidated profit margins, attributed to higher margin software and solutions sales, in particular, as results materialize from the Master Vendor Client Relationship Model."

The net loss for the nine months was $939 thousand versus $4.8 million for the nine months of F2006, which did include approximately $2 million in re-structuring charges and one-time costs.

Backlog Grows For LMS Medical

LMS Medical Systems (LMZ - TSX / AMEX) has released Q1F08 (June 30), which saw revenues of just under a million dollars at $962 thousand representing an increase of 52% over Q1F07 of $631 thousand.

There was a slight increase of $200 thousand of backlog contracts over Q4F07 to $4.6 million from $4.4 million.

The total realized and signed contracts in the quarter was $1.2 million.

LMS continues to reduce the gap to cash sustainability as demonstrated by cash and cash equivalents as at June 30th being $3.13 million versus $3.35 million on March 31st. This gap was close to $2.0 million per quarter a year ago.

The pipeline of identified sales opportunities remains at $25 million. To be noted is that just a few days ago we wrote about the launch of McKesson's integrated hospital information management system in which is embedded LMS' predictive technologies for Obstetrics.
McKesson has a major commitment both in financial terms and reputation to the obstetrics space. Their growth in this area where they intend to be the outright industry leader will directly benefit LMS. With some of 900 of the 3000 hospitals doing obstetrics already doing business with McKesson we look to this multi billion dollar partner to capture a meaningful percentage of the aforesaid 900 accounts for the integrated product over the coming three calender years.

Thursday, August 9, 2007

Icron Technologies Is Like The Energizer Bunny

It just keeps going and going! Quarter over quarter over quarter, Icron (IT - TSX V) is proving it has the stuff as was once again evidenced with today's release of second quarter (June 30) results.


The highlights are:

* Posted record Q2 2007 revenues of $2,179,357, representing a 45.8% increase over Q2 2006;

* 2007 year-to-date revenues at record $4,218,233, representing a 45.5% increase over the same six-month period in 2006;

* Recorded its third consecutive profit of $6,340 in Q2 2007 as compared to a loss of $39,747 in the same period of 2006;

* Started shipments of WiRanger Cable Free USB 2.0 Hub;

*Gefen announces version of Cable Free USB based on Icron design;

* Showcased the world’s first USB 2.0 over Power Line solution using HD-PLC Technology from Panasonic at the Panasonic booth at Computex in Taipei;

Like many other Canadian companies, IT felt a little sting from the appreciating Canadian dollar against the U.S. greenback as revenues would have come in around $2.3 million if the average exchange rate had remained as it was in the first quarter of the year.

That aside, Icron is powering on and gave some clues as to what to expect in the future as seen in this quote from Robert Eisses, President & CEO. “The continued strong growth of wired solutions in our core markets of industrial, medical and enterprise solutions accounted for bulk of this growth. Additionally while initial shipments of the WiRanger’s toward the end of the quarter made up a small amount of the growth, we expect more substantial volumes for wireless coming in Q3 and growing through Q4 as more partners like Gefen continue to pick up the product.”

Two other items are noteworthy and perhaps might generate some glimpses of "blue sky potential". First was the demonstration of a PC to TV Home connectivity solution with a Chinese partner at the Hong Kong Electronics Fair in April, "which is the first real entry into the home connectivity space and is potentially a very large market for Icron’s technology."

Next, Icron was also invited by Panasonic to participate at Computex to show a prototyped USB over power line solution using Panasonic’s HD-PLC, which is also an exciting market opportunity as this technology matures to higher data rates and lower costs of implementation. Both initiatives are focused on IT's USB beyond the desktop concept for simplified home connectivity solutions for the consumer markets.

Obviously, the market likes what it sees taking shape at Icron in spite of current nervousness as over the past month the stock has moved to the $1 range from the $0.70 level on good volume.

Icron is debt free, has gone cash flow positive and has approximately $0.20/share in cash.

To read the news release click here.

Also, Conference Call / Web-cast: Thursday August 9th, 2007, 4:30 PM ET, 1:30 PM PST

Icron Technologies will host a conference call to discuss the Company's year-end financial results on Thursday August 9th, 2007 at 4:30PM EST, 1:30PM PST. Participants are asked to call either 1-800-591-7539 or 416-646-3096 (Toronto).

The conference will also be broadcast live over the Internet and archived through the following link: http://www.newswire.ca/en/webcast/viewEvent.cgi?eventID=1846240

Key Development For Neptune As It Will Begin Trading on NASDAQ

It has been long awaited news and will be most welcome for shareholders who have been waiting for several months for Neptune ( NTB - TSX V) to announce that it has secured a listing in the important U.S. market.
The news release read stated the Company's shares will begin trading on the NASDAQ Capital Market on Monday, August 13th under the symbol NEPT. The quote from the V.P of Finance Andre Godin summed up what NTB has been going through the past while. "The Listing procedure was a rigorous process, specifically the exhaustive due diligence conducted by NASDAQ. Neptune has met and will remain subject to all the NASDAQ listing requirements."

Neptune Management has spent a considerable amount of time in the United States since late last year as it began the education and introduction process to a myriad of investment firms and fund managers in that market. While some have been buyers of the stock, a U.S. listing was critical to securing new potential support from a broader audience.

As a reminder, it was only several weeks ago that NTB announced it had retained the services of U.S. based ROI Group LLC to assist it with the awareness program south of the border.

As of this writing (August 9th) with just over an hour to go before the market closes, volume was picking up following the announcement with about 160 thousand shares traded and the stock moving slightly higher.

Wednesday, August 8, 2007

LMS Medical Systems Speaks Up On McKesson Relationship

Last week we commented on important news that was released by LMS' (LMZ - TSX / AMEX) large and strategic partner McKesson, which was the following: "....the successful implementation of its (McKesson) Horizon Perinatal Care™ solution at St. Luke’s Hospital-Allentown, Campus, part of St. Luke’s Hospital & Health Network. The solution is the first obstetrics (OB)/perinatal information system designed to support continuity of care between the labor and delivery (L&D) department and other hospital departments and units. The system enables interaction with enterprise clinical systems to provide ready access to historical patient information and eliminate redundant charting in support of providing safer, more efficient care to baby and mother."

In a follow up to last week's announcement, Diane Côté, President and CEO of LMS commented that, “Never before has the area of obstetrics been seamlessly integrated over the hospital’s full landscape. This offering provides an opportunity for medical professionals to deliver improved care thereby contributing to better outcomes and increased patient safety.”

To put this in context, LMS' predictive software technologies for Obstetrics is now a key component of McKesson's technology, which integrates all hospital information management and control systems.

McKesson is a multi billion dollar company with a large hospital client base numbering in the hundreds. As McKesson grows the number of hospitals employing its new technology so too will LMS enjoy the benefits of that relationship.

Click here to read the press release.

Tuesday, August 7, 2007

The Howard Group Grows Organically

The Howard Group is very pleased to announce Planet Organic Health Corp (TSX V: POH - current $2.50 ) is the newest addition to HG's client portfolio. We anticipate the company will be well received as we work to expand its following within the investment and investing communities.
In our opinion, POH is not only a growth story but it plays into people's emotions, which is critical for broad public acceptance. POH is a leading Canadian natural and organic food products retailer and also sells vitamins, supplements and personal care products.

Currently, it operates 8 natural food supermarkets under the Planet Organic Market food banner. The company also operates 50 natural health outlets under the name Sangster's Health Centre, 7 natural health outlets under the name Healthy's and owns Trophic Canada, which is Canada's leading manufacturer of natural supplements.

In addition to the 64 stores it has in Canada, POH recently acquired Mrs. Green's Natural Market. This gives Planet Organic 11 locations, which are clustered in Connecticut and New York. Of interest is that one of the Mrs. Green's stores is located near Wall St. and some of HG's New York contacts shop at the store. We were glad to hear that the Mrs. Green's name is a familiar one as it makes the POH story that much more relevant for members of the investment community in those areas. This acquisition also leverages POH for additional U.S. expansion.

Planet Organic went public in 2001 and in that time has increased sales from $1.6 million to an estimated $58.4 million for Fiscal 2007 (June 30) as projected by Pacific International Securities analyst Sheila Broughton in a May 31st research update. She has a 12 month target of $4 on the stock.

Q3F07 (March 31) saw sales of $14.6 million, which was up 44% from the same period of the last fiscal year while EBITDA was up 14% to $1.2 million.

Mrs. Broughton is calling for a hefty increase in sales to slightly in excess of $114 million, EBITDA of $11.8 million and Earnings of $5.5 million for Fiscal 2008. There are just over 31 million shares issued.
Interestingly, Chairman and CEO Ron Francisco owns 61% of the stock and other members of management and directors another 19%.


Clearly, the team has a substantial vested interest in growing the company and its market value with 80% of the stock under its control. On the other side, this could make it more difficult for institutions to accumulate large positions. However, POH's share structure is well suited for the retail investor who for the most part can relate to the business.

In our view, Planet Organic Health Corp. is a company for our times. People have shown they are more than willing to spend a little bit more for quality, which is evident simply on the fact that POH same store sales have increased 13% over the past year.

Our Planet Revolves Around People is typical of the messaging you will find at the Company's website www:planetorganic.ca with its "Good For You" and "Good For The Earth" sections amongst others.

Planet Organic is a feel good story that happens to be expanding and turning out good numbers, which makes everyone happy.

It would be a mistake to think that it's only people who wear Birkenstocks and Tilley hats who will relate to this story. Look at the parking lot and you'll see everything from SMART cars to moms in vans and dads in BMW's.

We'll be writing much more about Planet Organic in the coming weeks and the size of its potential market and how it's making a name for itself.

But for now, it's time for a fresh veggie and organic dip break.

Friday, August 3, 2007

Asia Now Welcomes New Director

Asia Now Resourses Corp (TSX V: NOW) today announced a very important addition to its board of directors enhancing an already elite team.


D. Richard Brown, a principal in one of Canada's leading independant banking and financial advisory firms Osprey Capital, has joined a well rounded team. Rick previously spent 10 years in corporate and investment banking with the Bank of Nova Scotia and Scotia Capital Markets between Toronto and New York.

Chairman Douglas Scharf said: "We are pleased Rick has agreed to become a director as his experience and knowledge of the capital markets brings an important skill set to the board."


Asia Now has also granted to certain directors, officers and employees incentive stock options to purchase up to an aggregate of 1.7 million common shares exercisable on or before August 1, 2012 at a price of $0.75 per share.


To read the news release click here.

Thursday, August 2, 2007

Significant News For LMS From McKesson Relationship

First: there's this to note about McKesson as stated in its news release: the world’s largest healthcare services, automation and information technology company.
Next: today announced the successful implementation of its Horizon Perinatal Care™ solution at St. Luke’s Hospital-Allentown, Campus.

And: The solution is the first obstetrics (OB)/perinatal information system designed to support continuity of care between the labor and delivery (L&D) department and other hospital departments and units.
Note: McKesson has combined efforts with LMS Medical Systems (LMZ - TSX / AMEX) over the last two years to provide advanced perinatal care and risk reduction tools that promote improved quality, increased patient safety and positive outcomes in obstetrics. LMS is a leader in the medical use of advanced mathematical modeling and neural networks in support of patient safety in perinatal care.

NYSE listed McKesson issued a detailed three-page news release today (click here to read) on its hospital date/information management technology that has been several years in the making. LMS' predictive software technologies for obstetrics is a key component of this system.
What the market should bear in mind is that McKesson can count approximately 900 hospitals within its current client list as potential adopters of the technology for obstetrics departments.

We have always been of the belief that the McKesson partnership holds the potential to dramatically expedite LMS' growth. Today's news from this healthcare services and information technology behemoth is a milestone day for LMS and savy investors will note what this potentially could mean for LMS.

We also want to refer readers to an article that appeared in Business Week In August 2006 with McKesson's CEO, who emphasized that technology was the company's future. It's well worth your while to spend three minutes reading this article (click here) as it puts into perspective much of what led to today's announcement.

Pure Nickel Closes Financing + Xstrata Property Acquisition + Adds New Board Member

Pure Nickel (NIC - TSX V) has moved into the ranks as one of the top holders of a premier package of North American nickel exploration properties with the closing of the acquisition of ten projects from Xstrata (green dots on map).

Xstrata, following its purchase of Falconbridge, is solely focused on cash flow projects. NIC seized the opportunity to secure these high potential projects, which carried a price tag of $15.25 million amongst other items that can be viewed in the news release (click here).
Pure Nickel is well funded as it had $8 million in the bank prior to the just completed $27.5 million financing. The Company has $17 million in cash.

NIC's work program budget for this year is $8 million. Half of those funds are committed to the MAN project in Alaska (announced Aug.1st), which NIC has labelled as "a potentially world class deposit".

The announcement should bring comfort to those who have have been watching the story as it took a wee bit longer than anticipated to get through the regulatory approvals in regards to the closing of the financing and the acquisition from Xstrata.

What should be kept in mind is that Pure Nickel is a little more than a year old as a company and its accomplishments are many in a very short period of time. We expect that through the fall and winter NIC will be in a position to issue a fairly regular stream of news on the results of its various work and drilling programs.

Developments continue at the Company at a rapid pace as it has also added Constantine Salamis to its Board of Directors.

A summary of his bio reads as such: Mr. Salamis, a mining engineer, has been involved in numerous mineral exploration and production companies throughout his 50 year career including Falconbridge Nickel, Inco Ltd., SOQUEM and Manicouagan Minerals, a public company he founded in 2004. In addition to Mr. Salamis’ North American experience, overseas he has completed geological evaluation assignments for international agencies including the World Bank and the United Nations.

Independent Analysis Confirms Cholesterol Benefits Of Neptune's Krill Oil


A team of renowed researchers has given high marks to Neptune Krill Oil (NKO™) (NTB - TSX V) in the management of dyslipidemia with the completion of a population-based risk–benefit and a health-economics analysis study.

The team was comprised of Dr. Keith Worsley MSc., PhD, FRSC and recipient of the Gold Medal, Statistical Society of Canada, affiliated with McGill University of Montreal, Dr. Shahin Jaffer, MD, FRCPC Head, Department of Medicine, Delta Hospital, University of British Columbia and Dr. A. Shekhar Pandey, B.Sc., MD, FRCPC, ABIM, CBNC, Adult Invasive, Non-invasive, & Preventive Cardiologist, Cambridge Cardiac Care Centre, Cambridge, Ontario.

The management of cholesterol problems is a front and centre issue for a large part of the population. All one has to do is remember there's a reason that Pfizer's well known Lipitor (a statin) is the best selling drug in the world.

The news release issued by NTB today is quite detailed and deserves attention. To review the information click here.

There was a key line in the release, which is as follows: “Benefit, risk and economic assessments are now the pivotal points not only for government approval of medicine for treatment of diseases that require long-term care but is also considered an important factor for the pharmaceutical industry decision makers before taking over the development of a new drug” stated Dr. Tina Sampalis M.D., Ph.D., Vice-President of R&D and Business Development of Neptune.

We highlighted some of the above as it is well known that Neptune has been working over the past number of months to conclude an arrangement with a pharmaceutical company in regards to utilizing NKO™. This latest development is likely to be a key to shaping the negotiations that have been underway for some time.

The market may take a little time to digest the importance of this announcement but it certainly is another piece of the puzzle that is forming into quite a picture for Neptune.

Wednesday, August 1, 2007

Drills Begin Turning On Pure Nickel's High Potential Alaskan Property

Pure Nickel (NIC - TSX V) today announced that it has started a 4 thousand metre exploration drilling program on its 100% owned Alaskan MAN project. The Man project is not only NIC's biggest property (494,000 acres) but previous surface work programs discovered high potential areas with showings as high as a remarkable 15.4% Nickel and 7.19% copper mineral content.


The exploration budget for the project is $4.0 million and is fully funded.

Since May, Pure Nickel has completed a 3,327 line-km VTEM B-field system airborne geophysical survey and an extensive geochemical survey on the property. The new data has helped establish high priority targets that will be tested over the coming months.

Cheif Exploration Officer Dr. Larry Hulbert said "We eagerly await the findings of the current exploration drill program which will be testing a number of new B-field and late channel VTEM anomalies in areas not previously drilled".

Drilling will continue into the first week of October providing the weather co-operates.

Shareholders and those who have been watching the company should be paying close attention to this program on the MAN project.
To read the news release click here.