8-30-10 Daily Small Cap Market News and Stock Highlights from SmallCapVoice.com

Stocks are lower as investors await job report

Stocks edged lower Monday as investors took a cautious approach to trading before the government’s latest report on the jobs market.

Investors have been homing in on employment data as a key way of predicting where the economy is going. Signs of a slowdown in growth has plagued the market for more than a month. Investors are unsure if companies will be able to keep up strong earnings growth if the recovery runs out of steam or falls back into recession. And consumers aren’t likely to spend more until there are clear and regular signs of hiring.

Traders largely shrugged of a new report showing that personal spending inched higher last month.

In morning trading, the Dow fell 21.57, or 0.2 percent, to 10,129.08. The Standard & Poor’s 500 index fell 2.08, or 0.2 percent, to 1,062.51, while the Nasdaq composite index fell 3.52, or 0.2 percent, to 2,150.11.

Yesterday’s Top Performing Small Cap Stock:

Tootie Pie Company TOOT

Tootie Pie Company was a SmallCapVoice.com top performer closing up over 16% on trading volume of 10,000 shares.

Tootie Pie recently announced that sales jumped 29% to $334,075 for the quarter ended June 30, 2010 versus $258,336 for the same period in 2009.

Gross profit increased to $189,392 for the period, versus $150,284 for the same period in 2009. Gross margin after depreciation remained solid at 57% of net sales for the period, as compared to 58% for the same period in 2009.

Tootie Pie Company bakes and sells high-quality, handmade pies through three basic sales channels: retail, corporate and wholesale. The retail segment serves individual customers through sales in its Tootie Pie Gourmet Cafés, in-store sales, orders via telephone and internet on the Company’s website. The corporate segment serves businesses that purchase pies as a way to promote their company through client and employee appreciation programs. The wholesale segment is made up of national and regional broad line grocery and foodservice distributors who purchase pies and then resell them through their respective sales distribution channels.

Today’s SmallCapVoice.com Hot Stock to Watch:

Car Charging Group, Inc. CCGI

A New Audio Interview Featuring Car Charging Group CEO Michael D. Farkas, is now at SmallCapVoice.com

A new audio interview featuring Car Charging Group, Inc. CCGI is now available. The interview can be heard at http://smallcapvoice.com/blog/8-24-10-audio-interview-with-car-charging-group-inc-otcbb-ccgi/

Car Charging Group, Inc. is an owner and provider of electric vehicle (EV) charging stations with the mission to build-out a nationwide infrastructure, enabling EV and PHEV owners to charge their EVs anytime, anywhere. As part of its strategy, the Company owns, provides, installs and maintains electric vehicle charging units and works with its landowner partners to identify appropriate locations for its charging stations. The Company seeks to provide convenient, safe and affordable charging stations away from home in customer-friendly public locations, including parking garages, municipalities, and shopping malls.

An estimated 40 million plug-in electric vehicles, such as the Nissan Leaf, GM Chevy Volt, Fisker Karma, Tesla Model S as well as many others, are expected to be on the road by 2030. Car Charging Group and other companies in the EV industry realize the need to establish charging station networks throughout the transportation infrastructure to provide easy access to energy everywhere drivers live and work. By investing at the forefront of the electric car revolution, Car Charging Group seeks to become the leading provider of electric car charging services. The Company launched its operations nationally in September of 2009 and is expanding its operations internationally.

SmallCapVoice Clients’ News

Lyfe Communications, Inc. LYFE

Lyfe Communications CEO Robert Bryson Details Strategy on SmallCapVoice.com

SmallCapVoice.com’s interview with Lyfe Communications, Inc. CEO Robert Bryson on his company’s strategy for providing next gen entertainment and communications over ultra fast IP (Internet Protocol) networks is available now at SmallCapVoice.com. In the interview, Bryson provides key insight on how the Company’s wholly owned subsidiary, Connected Lyfe, is developing and deploying an integrated TV, Internet and enhanced voice service delivered over broadband networks.

For a link to the interview, visit http://smallcapvoice.com/blog/8-24-10-audio-interview-with-lyfe-communications-inc-otcbb-lyfe.

Connected Lyfe is developing, deploying and operating a converged services network for next generation entertainment and communications. Leveraging new IP (Internet Protocol) technologies, Connected Lyfe can provide innovative and compelling media and communication services to consumers and businesses that increasingly want access to their television, Internet and voice services on their terms – any time, on any device, at home, in the office, or on the go. More information is available at connectedlyfe.com.

Other Small Cap News

Benihana Inc. BNHNA

Benihana Inc. Reports First Fiscal Quarter 2011 Results

Richard C. Stockinger, Chief Executive Officer, said, “We are encouraged by our quarterly performance, with solid top-line and operating income growth reflecting the strides we are making under our Renewal Program. Our team is successfully reinvigorating the Benihana teppanyaki brand and experience and enhancing our marketing efforts, while also managing costs effectively. We continue to attract an increasing number of guests at our flagship, and our ongoing execution of the Renewal Plan is expected to drive further sustained improvements in our results.”

Megola Continues Testing/Certifications of Hartindo(TM) AF21 Total Fire Inhibitor on Fabrics Used for U.S. Armed Forces Battle Dress Uniforms

AF21 Renders Materials Non-Flammable With Extreme High Heat Resistance

POINT EDWARD, ON–(Marketwire – 08/27/10) – Megola Inc. (OTC.BB:MGON), a leading environmental solution provider, announces that continued textile certification tests are being conducted on fabrics used in the battle dress uniforms (BDU) for the U.S. Armed Forces. The fabrics have been treated with Hartindo™ AF21, a water-based, non-toxic, environmentally-friendly fire inhibitor, and further enhanced with a proven antimicrobial binding ingredient, and will now undergo testing for wash durability standards. Testing will be done by the Textiles Division of the CTT Group, located in Saint-Hyacinthe, Quebec.

About SmallCapVoice.com

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