9-15-10 Daily Small Cap Market News and Stock Highlights from SmallCapVoice.com

Stephen Bernard, AP Business Writer

Stocks waffle after mixed news on manufacturing

Stocks drift as a September rally weakens; Mixed signals on manufacturing

NEW YORK (AP) — Stocks are mixed as a rally that drove the market sharply higher in September appears to be running out of gas.

Major indexes are fluctuating throughout Wednesday as investors reconcile a poor reading on manufacturing activity in New York with a separate report showing that U.S. industrial production grew.

European markets are falling, but Japanese stocks surged after the country's government stepped in to weaken the yen.

The Dow Jones industrial average is up 30, or 0.3 percent, at 10,557. The S&P 500 is up less than 1 at 1,121, while the Nasdaq composite is up 3, or 0.1 percent, at 2,293.

Even with indexes higher, declining stocks are outpacing those rising on the New York Stock Exchange. Volume was 300 million shares.

Yesterday's Top Performing Small Cap Stock:

Curaxis Pharmaceutical Corp. CURX

Curaxis Pharmaceutical Corp. was a SmallCapVoice.com top performer closing up over 7% on trading volume of 45,433 shares.

Curaxis is an emerging specialty pharmaceutical company with a hormone drug product candidate for the treatment of Alzheimer's disease and multiple cancers. Curaxis' therapeutic platform is based on the hypothesis that many diseases of aging may be caused by age-related changes in the function of the hypothalamic-pituitary-gonadal (HPG) axis. The HPG axis is a hormonal endocrine feedback loop that controls development, reproduction and aging in animals. This drug development platform is built on the premise that hormones associated with this feedback loop are beneficial early in life, when they promote growth and development, but are harmful later in life when the mechanism foCHfeedback is compromised, thereby leading to disease processes, including pathologies associated with Alzheimer's disease and various cancers. We believe our discovery of similar hormonal signaling mechanisms at the cellular level in brain tissue from Alzheimer's patients and in multiple tumors will enable us to develop significant new treatments for Alzheimer's disease as well as many cancers.

Today's SmallCapVoice.com Hot Stock to Watch:

Kore Nutrition, Inc. KORE

ALL IN Energy Expands Product Line with Introduction of Lollipop Line

HENDERSON, NV, Sept. 15 /PRNewswire-FirstCall/ – Kore Nutrition Incorporated (“Kore” or the “Company”) KORE and the Company's wholly owned subsidiary, Go All In, Inc. (“ALL IN”), are pleased to announce the addition of ALL IN Energy Lollipops to their current product line in the market.

Similar to ALL IN's Energy Drinks, the Company's Lollipops will have zero sugar, zero caffeine, and zero preservatives. The Company will initially launch three distinct flavors: Grape, Green Apple and Watermelon, that provide a health-energy alternative to current products on the market.

Other Small Cap News

Textron Inc. TXT

Textron Marine & Land Systems and MDT Armor Team on Tiger Light Armored Vehicle

NEW ORLEANS & AUBURN, Ala.–(BUSINESS WIRE)–Textron Marine & Land Systems, an operating unit of Textron Systems, a Textron Inc. TXT company, and MDT Armor Corporation, a division of Arotech Corporation (Nasdaq GM: ARTX), today announced a teaming agreement to market, design and manufacture the Tiger light protected vehicle.

Network Equipment Technologies, Inc. NWK

Network Equipment Technologies Receives Award for Marine Corps Equipment Installation

FREMONT, CA–(Marketwire – 09/14/10) – NET Federal, a wholly-owned subsidiary of Network Equipment Technologies, Inc. (“NET”) NWK, announced today that it received a $1.4 million award from a major systems integrator for technology equipment in the US Marine Corps' Transition Switch Module (TSM) program. This follow-on order for NET's VX Series delivers features necessary for Government customers to move to software enabled voice solutions while maintaining the strict security and reliability that the Department of Defense (DoD) requires in its voice systems.

Aurizon Mines Ltd. (NYSE Amex: AZK)

Aurizon Reports on Progress of Joanna Feasibility Study

Following the recommendations contained in the Pre-Feasibility Study for the Hosco Deposit-Joanna Gold Project, dated December 22, 2009, available under the Company's profile at www.sedar.com (the “Pre-Feasibility Study”), larger scale testing was undertaken of the Albion process, which was selected as the preferred oxidation method to treat the Hosco ore. The testing of the Albion process involved optimisation tests on 1 kilogram samples to establish reagent consumption, and the optimum degree of oxidation, plus pilot plant scale testing of a 250 kilogram sample.

Credo Petroleum Corporation CRED

Credo Petroleum Confirms Actual Initial Rate on Record-Setting Well

New Bakken Well Flows at Average Early 24-Hour Peak Rate of 2,278 BOEPD

The average early 24-hour peak flow back rate on Credo's second Bakken well, the Weisz 11-14#1-H (“Weisz”), has been officially announced by the well's operator, Brigham Exploration. The reported rate of 2,278 barrels of oil equivalent is confirmed to be the highest initial test rate of any well in which Credo has participated in the company's 32 year history.

Level 3 Communications, Inc. LVLT

Level 3 Communications Announces Pricing of Offering of $175 Million of Convertible Senior Notes

BROOMFIELD, Colo.–(BUSINESS WIRE)–Level 3 Communications, Inc. LVLT today announced that it has agreed to sell $175 million aggregate principal amount of its 6.5% Convertible Senior Notes due 2016 (the “Convertible Senior Notes”) in an underwritten offering. The company will also grant the underwriters an option to purchase up to an additional $26,250,000 aggregate principal amount of Convertible Senior Notes due 2016 solely to cover overallotments. The offering is being made by a group of underwriters being led by BofA Merrill Lynch as sole book-running manager, Citi as lead manager and Deutsche Bank Securities, Morgan Stanley and Wells Fargo Securities as co-managers.

UTStarcom, Inc. UTSI

UTStarcom Wins Contract from Jinan, Shandong Province to Accelerate Its Network Transformation and Integration

BEIJING, Sept. 15 /PRNewswire-Asia-FirstCall/ — UTStarcom, Inc. UTSI announced on Sept.15 that it has won the bid for Jinan Radio & TV Network Center's Equipment Purchase Project to become the Center's exclusive broadband solution provider and thus step up its network upgrading efforts. It is revealed that the project will use EPON technology to deploy wireless network services in residential apartments and office buildings.

RiT Technologies Ltd RITT

RiT Technologies Strengthens its Capital Structure Through Debt-To-Equity Conversion Transaction

Stins Coman, RiT's Controlling Shareholder, to Convert $1.5M of Debt to Ordinary Shares

TEL AVIV, Israel, September 15, 2010 /PRNewswire-FirstCall/ — RiT Technologies RITT today announced that it has signed a private Share Purchase Agreement with STINS COMAN Inc., (“STINS COMAN”), its principal shareholder, under which it will convert an outstanding loan in the amount of approximately $1.5 million into 687,128 of the Company's ordinary shares at an average price of $2.214 per share, reflecting a premium of 34% above the current NASDAQ share price. This transaction is an addition to the previous conversion completed in May 2010, and is being executed under the terms provided in the Loan Agreement dated June 11, 2009. The completion of this transaction is subject to customary conditions, and the issuance of shares is expected to take place on September 30. Upon completion, STINS COMAN's holding will rise from 68.3% to approximately 73.9% of the Company's voting power.

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