11-12-10 Daily Small Cap Market News and Stock Highlights from SmallCapVoice.com

Stephen Bernard, AP Business Writer

Stocks drop on China inflation worries

Stocks fall over worries China might raise rates; drop in commodities hurts oil, gold stocks

NEW YORK (AP) — Stocks are falling as investors worry China might try to slow its surging economy to combat inflation.

The losses in the U.S. Friday follow steep drops overnight in major Chinese indexes as traders fear that country might have to raise interest rates to fight inflation. Cooling China's economy could have an impact worldwide because the country's robust economy has helped offset sluggish growth in the U.S. and elsewhere.

Energy and materials stocks are among the big losers as the prices of oil, gold and other commodities fall sharply.

The Dow Jones industrial average is down 66, or 0.6 percent, at 11,217. The S&P 500 is down 11, or 0.9 percent, at 1,203, while the Nasdaq composite is down 23, or 0.9 percent, at 2,532.

Yesterday's Top Performing Small Cap Stock:

Tootie Pie Company TOOT

Tootie Pie Company was a SmallCapVoice.com top performer closing up over 10% on trading volume of 13,000 shares.

Tootie Pie Company, Inc. announced yesterday that sales for October 2010 were up 25% versus October 2009. The Company also reported sales increases for the twelfth month in a row.

Today's SmallCapVoice.com Hot Stock to Watch:

Infrax Systems, Inc. IFXY

Infrax Systems, Inc., a global provider of unified Smart Grid-related products and services for the Energy and Utility industries, announced recently that it will unveil its Secure Network Interface Card (SNIC) at the DistribuTech Conference and Exhibition to be held in San Diego, California February 1-3, 2011.

The SNIC is the latest component announced for Infrax's Secure Intelligent Energy Platform. This next generation universal host interface board is an "under the glass" solution designed for use in any standards-based meter (Electric, Water, Gas). Based on a multiple processor design, the SNIC provides military grade encryption and wireless interface modules for HAN and WAN applications. "By retrofitting existing AMR meters with the SNIC, utilities can leverage their existing asset, bring the sophistication of Advanced Metering Infrastructure and protect their investment," said John Verghese, Vice President of Product Development for Infrax. "The AMI functionality of the SNIC, without requiring the replacement of the existing AMR meters, provides a significant operational and financial benefit to Utilities."

Other Small Cap News

American Biltrite Inc. (NYSE Amex: ABL)

American Biltrite Reports Third Quarter Results

WELLESLEY HILLS, MA–(Marketwire – 11/11/10) – American Biltrite Inc. ABL reported its results for the third quarter of 2010 today. During the third quarter of 2010, American Biltrite's controlling ownership position of Congoleum Corporation ("Congoleum") ended pursuant to Congoleum's Chapter 11 reorganization plan becoming effective. Therefore, American Biltrite ceased consolidating Congoleum's results due to the loss of controlling ownership. The historical results of Congoleum are included in American Biltrite's financial statements as a discontinued operation. The continuing operations of American Biltrite include American Biltrite's tape, jewelry and Canadian divisions.

China New Media Corp. CMDI

China New Media Corp. Announces Record Fiscal Year 2010 Financial Results

Net cash provided by operating activities for the year ended June 30, 2010 increased 50.5% to $2.14 million, as compared to $1.42 million at the end of fiscal 2009

"We are very pleased with our results for fiscal 2010, which exceeded our expectations. The record revenues and profitability we achieved during the fiscal year reflect the successful expansion of our outdoor media network in Dalian, Shenyang and Tianjin, three key commercial cities in northeast China," said James Wang, Chief Executive Officer of China New Media. "Our groundbreaking City Navigator(R) multimedia advertising platform also began to generate revenues in 2010, and we expect this business segment to become a major growth driver for the Company as we expand our advertising network into China's top-tier commercial cities, including Beijing and Shanghai."

ZBB Energy Corporation ZBB

ZBB Energy Enters Into Agreement to Develop and Deliver Integrated Storage and Control Systems for Sunflower Wind

Sunflower Wind Contracts With ZBB for Initial Design of Advanced Power Control and Energy Storage Solution… Commits to Purchasing Multiple Production Units

MILWAUKEE, WI–(Marketwire – 11/11/10) – ZBB Energy Corporation ZBB today announced it has received a purchase order and executed a letter of intent with Sunflower Wind, LLC for the purchase of multiple units of ZBB's ZESS POWR(TM) PECC (Power & Energy Control Center) integrated with ZBB's ZESS 50 Zinc Bromide advanced energy storage. ZBB's technology offers Sunflower the ability to integrate multiple power inputs with their 100 KW (Model SW100B) wind turbine to provide backup power and load balancing in a variety of diverse applications.

YM BioSciences Inc. (NYSE Amex: YMI)

YM BioSciences Reports Fiscal First Quarter 2011 Operational and Financial Results

"During the quarter we reported that our JAK1/JAK2 inhibitor, CYT387, had demonstrated favorable activity data in the dose-escalation portion of a Phase I/II trial conducted by Mayo Clinic in patients with myelofibrosis. We also reported preclinical results during the quarter that highlighted potential competitive advantages CYT387 may have over other JAK inhibitor drugs in development," said Mr. David Allan, Chairman and CEO of YM BioSciences. "We look forward to the American Society of Hematology (ASH) meeting being held in early December 2010, where we expect that detailed initial clinical data from the Phase I and early Phase II portion of the study will be presented. More advanced data from the Phase II portion of the study are anticipated in mid-2011. We remain on track to advance CYT387 towards an NDA-enabling study, potentially in the latter half of 2011, and we are also reviewing opportunities for the compound in the numerous other indications in which evidence of activity has been shown with this family of molecules."

eMagin Corporation (NYSE Amex: EMAN)

eMagin Posts Record Net Income of $2.8 Million in the Third Quarter on Revenue Increase of 35%

Ships Record Number of Units in Q310 on Strong Growth in Military Market

Andrew Sculley, eMagin's president and chief executive officer, commented, "I am pleased to report that eMagin posted strong gains in sales and profitability in the third quarter 2010, as demand from military market customers for both our high resolution OLED microdisplays, as well as our proprietary research and design expertise, continued unabated. The shipment of a record number of the Company's microdisplays and substantially higher contract revenue drove a 35% increase in revenues to $8.3 million as compared to 3Q'09, and year-to-date revenues of $22.5 million represented a 32% increase as compared to the same period last year.

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