8-17-10 Daily Small Cap Market News and Stock Highlights from SmallCapVoice.com

Stocks rise on earnings, economic reports

Stocks climb after Home Depot, Wal-Mart report profit; wholesale prices inch higher

Stephen Bernard, AP Business Writer

NEW YORK (AP) — Investors regained their enthusiasm for stocks Tuesday, sending prices sharply after reports showed a slight improvement in the housing market and a big jump in industrial production.

Investors were also encouraged by earnings from Home Depot Inc. and Wal-Mart Stores Inc. that were better than expected. The Dow Jones industrial average rose 144 points in midday trading. All the major stock indexes were up more than 1 percent.

Economic reports in recent months have almost exclusively pointed to slowing growth. Weakening data has led some investors to worry that the country could fall back into recession. The data Tuesday provided a slice of optimism and some reassurance that the economy continues to expand, albeit slowly.

“The data and earnings should ease people’s concerns about a double-dip” recession, said Peter Bible, a partner at EisnerAmper. “We’re anemic; we’re slow; we’re crawling, but we’re not going backward.”

Yesterday’s Top Performing Small Cap Stock:

Oramed Pharmaceuticals Inc. ORMP

Oramed Pharmaceuticals Inc. was a SmallCapVoice.com top performer closing up over 5% on trading volume of 7,483 shares.

Oramed Pharmaceuticals is a technology pioneer in the field of oral delivery solutions for drugs and vaccines presently delivered via injection. Oramed is seeking to revolutionize the treatment of diabetes through its patented flagship product, an orally ingestible insulin capsule currently in phase 2 clinical trials.

Established in 2006, Oramed’s technology is based on over 25 years of research by top research scientists at Jerusalem’s Hadassah Medical Center. The Company’s corporate and R&D headquarters are based in Jerusalem.

Today’s SmallCapVoice.com Hot Stock to Watch:

Tootie Pie Company TOOT

Tootie Pie Quarterly Sales Up 29%

Aug. 17, 2010 (Business Wire) — Tootie Pie Company, Inc. TOOT announced that sales jumped 29% to $334,075 for the quarter ended June 30, 2010 versus $258,336 for the same period in 2009.

“I am very pleased that sales have been up for ten consecutive months and how our Tootie Pie Gourmet Cafés have contributed to our sales growth,” said Don L. Merrill, Jr. President & CEO. “We expect the upcoming holiday season to be stronger than last year and are making plans, accordingly.”

SmallCapVoice Clients’ News

Dale Jarrett Racing Adventure, Inc. DJRT

A New Audio Interview Featuring Tim Shannon, President of Dale Jarrett Racing Adventure, is now at SmallCapVoice.com

AUSTIN, Texas–(BUSINESS WIRE)–SmallCapVoice.com, Inc. announced today that a new audio interview featuring Tim Shannon, President of Dale Jarrett Racing Adventure, Inc. (OTC Bulletin Board: DJRT), is now available. The interview can be heard here http://smallcapvoice.com/blog/8-13-10-audio-interview-with-dale-jarrett-racing-adventure-inc-otcbb-djrt/.

Concordis Group, Inc. (Pink Sheets: CNGI)

Concordis Group, Inc. Partners With Avizent Risk to Provide Risk Sharing Captive for Restaurant Franchisees

Aug. 17, 2010 (PR Newswire) – DESTIN, Fla. — Concordis Group, Inc. (Pink Sheets: CNGI), a growing financial holding company, today announced it is partnering with Avizent Risk (www.avizentrisk.com) to provide alternative risk solutions to restaurants throughout the U.S.

The Restaurant Franchise Captive Program II(RFCP2) will be a group captive insurance program for restaurant, retail food business owners and franchises that are members of well established national or regional companies.

Tie Technologies, Inc. (Pink Sheets: TTCS)

Graham Mew, Executive Vice President, TIE Technologies, Inc., Updates Shareholders on Recent News in Audio Interview at SmallCapVoice.com

Aug. 17, 2010 (Business Wire) — SmallCapVoice.com, Inc. announced today that a new audio interview profiling TIE Technologies, Inc. (Pink Sheets: TTCS) is now available. The interview can be heard at http://smallcapvoice.com/blog/8-13-10-audio-interview-with-tie-technologies-inc-pink-sheets-ttcs/.

Other Small Cap News

VAALCO Energy, Inc. EGY

VAALCO Energy, Inc. Announces Farm-Out Agreement For Mutamba Iroru Permit Onshore Gabon

HOUSTON, Aug. 16 /PRNewswire-FirstCall/ — VAALCO Energy, Inc. EGY announced today that it has executed a farm-out agreement with Total Gabon (“Total”) for the Mutamba Iroru Permit, onshore Gabon, which is 100 percent owned by VAALCO. Under the terms of the agreement, VAALCO and Total have committed to reprocess 400 kilometers of 2-D seismic data and drill one exploration well, superseding VAALCO’s prior obligation to acquire 200 kilometers of 2-D data on the Permit. In return for Total funding an agreed portion of the new work program, Total will receive a 50% interest in the Permit.

GeoMet, Inc. GMET

GeoMet, Inc. to Present at The 2010 Oil & Gas Conference(R)

HOUSTON, TX–(Marketwire – 08/16/10) – GeoMet, Inc. GMET announced today that it will be presenting at The 2010 Oil & Gas Conference® on Wednesday, August 25, 2010 at 11:20 a.m., Mountain Time. The presentation, made by Chairman, President and Chief Executive Officer Darby Seré and Executive Vice President and Chief Financial Officer William Rankin, will be held at the Westin Tabor Center Hotel & Towers in Denver, Colorado.

Pacific Ethanol, Inc. PEIX

Pacific Ethanol, Inc. Reports Second Quarter 2010 Financial Results

Neil Koehler, PEI’s president and CEO, stated, “The second quarter of 2010 was pivotal for Pacific Ethanol. We delivered sales growth, dramatically reduced operating expenses, and improved Adjusted EBITDA. We successfully led the production facilities out of bankruptcy effective June 29th, substantially reducing our debt and other liabilities by $295 million. During the quarter, we also reduced other debt by $9 million. In addition to strengthening our balance sheet, we reduced selling, general and administrative expenses to less than half of what they were for the same quarter last year, thus establishing a stable platform for growth.”

Arrhythmia Research Technology, Inc. (NYSE Amex: HRT)

Arrhythmia Research Technology, Inc. Announces Results for Second Quarter 2010

FITCHBURG, MA–(Marketwire – 08/16/10) – Arrhythmia Research Technology, Inc. (the “Company”) HRT and its wholly owned subsidiary Micron Products, Inc. (“Micron”) reported total revenue of $5,782,000 and net income of $219,000 for the quarter ended June 30, 2010 compared to total revenue of $5,371,000 and net income of $77,000 for the same quarter of 2009. Basic net income per share for the three months ended June 30, 2010 increased to $0.08 per share from $0.03 per share for the same period in 2009. Total revenue increased by 7.7% while net income increased by 184% and earnings per share increased by 167% in the quarter ending June 30, 2010 as compared to the same period in 2009.

About SmallCapVoice.com

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