11-2-10 Daily Small Cap Market News and Stock Highlights from SmallCapVoice.com

Stephen Bernard, AP Business Writer

Stocks rise before elections, Fed meeting

Stocks move higher as traders await election results, Fed announcement, dollar drops

NEW YORK (AP) — Stocks rose Tuesday as investors moved into riskier assets following a steep drop in the dollar.

The Dow Jones industrial average rose more than 60 points in late morning trading. The move puts the Dow near its highest closing of the year. The Dow has come close to closing above that level four times in the past two weeks, but each time the gains have faded late in the day.

Uncertainty over the effects of the midterm elections and the size of the Federal Reserve's expected stimulus program have kept the market from ending with either big gains or losses in recent days.

Eric Thorne, an investment adviser with Bryn Mawr Trust Wealth Management, said many traders have been using the end of the day to take short-term profits because the economy remains weak so there's no guarantee stocks will continue to climb.

Yesterday's Top Performing Small Cap Stock:

Concordis Group, Inc. (Pink Sheets: CNGI)

Concordis Group, Inc. was a SmallCapVoice.com top performer closing up over 24% on trading volume of 19,600 shares.

Concordis Group, Inc. is a diversified holding company that provides investment brokerage services and business insurance products for its clients. Concordis Group, Inc. provides investment products and risk management solutions through its two wholly owned subsidiaries, Concordis Insurance SPC and Puritan Securities, Inc.

Concordis Group's go-to-market strategy is based upon strong organic growth combined with strategic acquisitions of companies in the financial services and insurance industries that create additional synergy, have positive cash-flow, exhibit strong long-term growth potential, and have highly qualified management teams.

Today's SmallCapVoice.com Hot Stock to Watch:

Infrax Systems, Inc. IFXY

INFRAX Systems (IFXY) Announce Next G.E.M.I.N.I. Project

New African ISP Project Expands Presence

ST. PETERSBURG, FL — (Marketwire) — 11/02/10 — INFRAX SYSTEMS, Inc. IFXY, a global provider of interrelated operational management, and communications-related products and services for the Telecommunications and Energy industry, today announced that their Infrax Networks Business Unit has received a large purchase order from another African ISP for a network deployment in Ghana.

Other Small Cap News

Dreams, Inc. (NYSE Amex: DRJ)

Dreams E-Commerce Revenues Thrive

October Results Deliver 30% Growth

PLANTATION, Fla.–(BUSINESS WIRE)– Dreams, Inc. (NYSE Amex: DRJ), through its Internet Division, generated $7.0 million dollars in on-line revenues for the month of October 2010, an increase of 30% over the same month last year when on-line revenues were $5.4 million. The results are a combination of organic growth with its main site, www.FansEdge.com, combined with an ever expanding portfolio of web syndication clients.

RegeneRx Biopharmaceuticals, Inc. (NYSE Amex: RGN)

RegeneRx Awarded $733,438 from U.S. Government Under the Patient Protection and Affordable Care Act

BETHESDA, Md.–(BUSINESS WIRE)– RegeneRx Biopharmaceuticals, Inc. (NYSE Amex:RGN) (the “Company” or “RegeneRx”) announced today that it has been awarded $733,438 under HR: 3590 – Patient Protection and Affordable Care Act (the “Act”) in immediately available funds. Under the Act, $1 billion was made available to stimulate promising therapeutic research for serious and life-threatening diseases by small biotechnology companies. Applicants were required to submit detailed information demonstrating that their research conformed to the parameters of the Act, along with a summary of qualifying expenditures that formed the basis for the award. RegeneRx submitted three applications, one for each of its drug candidates under active development. All three applications received an award.

AdCare Health Systems, Inc. (NYSE Amex: ADK)

AdCare Health Systems Closes Additional $750,000 in Convertible Notes

SPRINGFIELD, OH–(Marketwire – 11/01/10) – On October 29, 2010, AdCare Health Systems, Inc. ADK, a recognized innovator in senior living and health care facility management, issued and sold an additional $750,000 in unsecured subordinated convertible notes to certain accredited investors. This second closing follows on the heels of AdCare's October 26, 2010 initial closing of $11,050,000 of unsecured subordinated convertible notes, bringing the total raised in the two closings to $11,800,000.

CIBT Education Group Inc. (NYSE Amex: MBA)

CIBT Expands Program Delivery Network in China

VANCOUVER, Nov. 1 /PRNewswire/ – CIBT Education Group Inc. (NYSE AMEX and TSX symbol: MBA) (“CIBT” or the “Company”) is pleased to announce that it has established an agreement with an additional 26 institutions in China to expand the Company's growing hotel and tourism division. These new partners include trade schools, hotel chains, and education consulting companies. The agreements range in scope from providing professional certification for the American Hotel Lodging Association program, hotel management programs, hospitality English training programs, and 2+2 degree programs in hospitality management.

Biomoda, Inc. BMOD

Biomoda Receives $244,479 Grant for Therapeutic Discovery Project

ALBUQUERQUE, N.M.–(BUSINESS WIRE)– Cancer diagnostics company Biomoda, Inc. (OTC BB:BMOD) (www.biomoda.com) announced receipt of $244,479 in federal grant funding for its CyPath® diagnostic assay for the detection of early-stage lung cancer. The Internal Revenue Service issued the funding under the Qualifying Therapeutic Discovery Project administered under section 48D of the Internal Revenue Code.

Pain Therapeutics, Inc. PTIE

Pain Therapeutics Awarded $2,000,000 Research Grant

Non-Dilutive Funding for Cancer and Nervous System Drug Development

SAN MATEO, Calif., Nov. 2, 2010 (GLOBE NEWSWIRE) — Pain Therapeutics, Inc. PTIE announced today that it has been awarded over $2,000,000 in research grants by the U.S. government. These grants are planned to support the Company's on-going biomedical research for nervous system disorders and oncology. Pain Therapeutics expects to receive funding from these research grants now through the end of 2011.

Neuralstem, Inc. (NYSE Amex: CUR)

Neuralstem Awarded Three Federal Grants

Funds Will Advance Multiple Programs

ROCKVILLE, Md., Nov. 2, 2010 /PRNewswire/ — Neuralstem, Inc. (NYSE Amex: CUR) announced that it has been awarded three Federal grants, totaling $733,438 through the Patient Protection and Affordable Care Act, which supports investments in qualifying therapeutic discovery projects.

XOMA Ltd. XOMA

XOMA 3AB Progress Presented at National Biodefense Research Meeting

BERKELEY, Calif., Nov. 2, 2010 (GLOBE NEWSWIRE) — XOMA Ltd. XOMA, a leader in the discovery and development of therapeutic antibodies, today announced several presentations that will highlight advances in the company's biodefense program and particularly in the development of XOMA 3AB, an antibody co-mixture that binds to distinct regions of botulinum toxin type A. The presentations will be made at the Interagency Botulism Research Coordinating Committee Meeting (IBRCC), the largest dedicated meeting of interagency experts in the development of therapies against the botulinum toxin bioterror threat. The IBRCC meeting is taking place from November 2 to 5, 2010 in Atlanta, GA.

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