Benzinga | Oct 1, 2021 01:26PM EDT

4-7-10 Daily Small Cap Market News and Stock Highlights from SmallCapVoice.com

Stocks are lower as the Dow flirts with 11,000

Stocks fell in early trading Wednesday as market momentum continued to slow and new concerns surfaced about Greece's debt crisis.

The Dow Jones industrials remained just below 11,000 for the third day. The Dow hasn't crossed that level in 18 months.

No major economic reports were due out Wednesday, but investors were watching out for the results due in the early afternoon from an auction of 10-year Treasury notes. European markets were lower on worries about Greece.

Greece's borrowing costs remained high Tuesday and its stock market fell as the country's finance minister sought advice from an International Monetary Fund team on how to speed up fiscal reforms.

The Dow has been flirting with the 11,000 level all week but has yet to top the psychological barrier. It came within 12 points both Monday and Tuesday but ended just below there on both days.



In early trading Wednesday, the Dow fell 19.80, or 0.2 percent, to 10,950.19. The Standard & Poor's 500 index fell 1.51, or 0.1 percent, to 1,187.92, while the Nasdaq composite index fell 2.88, or 0.1 percent, to 2,433.93.

Yesterday's Top Performing Small-Cap Stock:

Bloggerwave Inc. (OTC:BLGW)

Bloggerwave Inc. was a SmallCapVoice.com top performer yesterday closing up over 1% on trading volume of 402,740 shares.

Bloggerwave Expands Cooperation With Leading European E-mail Marketing Company to Extend Reach Into U.S. Market

Bloggerwave Inc. ("Bloggerwave") (OTCMKTS: BLGW), an innovative commercial blogging company, announced today that it has expanded its cooperative agreement with MikkelsenMedia, a leading permission-based e-mail marketing company that is well established in Scandinavia and the United Kingdom.

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Today's SmallCapVoice.com Hot Stock to Watch:

CitySide Tickets, Inc. (OTC:CIST)

CitySide Tickets CEO Highlighted as a Featured Guest on MYOB Radio Show

Apr. 7, 2010 (Business Wire) -- CitySide Tickets, Inc. (OTC:CIST), which owns and operates www.CitySidetickets.com, a nationwide event ticket purchasing venue that caters to a diverse selection of popular theater, music, and sporting events, today announces that CEO Michael DeAmicis was recently featured on the MYOB (Mind Your Own Business) Radio Show with longtime entrepreneurs Rick Brutti and Jeffrey Davis.

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SmallCapVoice Clients' News

VitaminSpice (OTC:VTMS)

VitaminSpice Begins Initial Multimillion-Dollar Advertising Campaign With Launch Into Major League Baseball GameDay Programs

WAYNE, Pa., April 7 /PRNewswire-FirstCall/ -- VitaminSpice (OTC:VTMS) (German WKN: A0YE4L) (www.VitaminSpice.net) will begin the advertising campaign for their vitamin-enhanced spice line in Major League Baseball GameDay programs. This campaign is part of a multiyear, multimillion-dollar advertising program signed in February with CWC Sports, a full-service sports marketing company based in Los Angeles, California. The launch coincides with this week's official season-opening games for most MLB franchises.

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Attitude Drink Company, Inc. (OTC:ATTD)

Attitude Drinks, Inc. (ATTD) Announces Initial Placement for Phase III Recovery(R)

PALM BEACH GARDENS, FL -- (Marketwire) -- 04/07/10 -- Jack Shea, EVP Sales of Attitude Drinks, Inc. (OTC:ATTD), today announced that early adopters of Phase III Recovery(R) are very excited about the unique nature, functionality, consumer interest and sales prospects for the brand. "Working with our distributor in New York, High Five Distributors, we have strategically placed Phase III in retail outlets in virtually all channels of trade over the past few weeks. It is becoming clear that target consumers understand the science of our Grade A Milk recovery drink."

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Fleet Management Solutions Inc. (OTC:FLMG)

FMS & Ethniki Rent Contract

NAPLES, FL -- (Marketwire) -- 04/07/10 -- Fleet Management Solutions Inc. (OTC:FLMG) ("FMS" or "the Company") is pleased to announce a new contract with Ethniki Rent S.A., concerning the "After Sales" services provision to their fleet. FMS Inc. will provide to Ethniki Rent S.A., Accident and Breakdown Management, provision of replacement vehicle and Scheduled maintenance. The expected Gross Turnover is to exceed U.S. $ 450,000.00 in total.

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Freshwater Technologies, Inc. (OTC:FWTC)

Freshwater's Ongoing Agriculture Testing Shows Promising Results

Freshwater Technologies (OTC:FWTC) is pleased to announce that the South American University based testing of the effect of FW water energizer technology on greenhouse crop productivity continues to show positive results in a number of key growth factors. In greenhouse crop cultivation, germination of seeds is a critical first step. To date, laboratory tests on the germination of vegetable seeds of tomatoes, lettuce and beans have indicated that within a 12-hour period, the application of FW Activator energized water produced faster seed germination when compared with germination using untreated water. The faster the vegetable seeds complete the germination process, the sooner the various crops can grow to marketable size and generate revenue for growers.

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Other Small Cap News

Lucas Energy, Inc. (AMEX:LEI)

Lucas Energy Announces Letter of Intent for New Joint Venture

Lucas Energy, Inc. (NYSE Amex: LEI) an independent oil and gas company (the "Company") based in Houston, Texas, today announced that the Company has signed the purchase and sale agreement referenced by the Letter of Intent for a new joint venture with a large, privately owned, oil and gas company described in the March 1, 2010 press release. The purchase and sale agreement is binding but is subject to determination of the actual acreage to be conveyed and the actual closing which is anticipated to be completed prior to April 30, 2010. Further details will be available after closing.

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US Gold Corporation (AMEX:UXG)

US Gold Corporation: El Gallo Continues to Grow Rapidly More Thick Intercepts & Good Grade

125.6 GPT OVER 81.4 METERS, 273.8 GPT SILVER OVER 23.1 METERS & 725.1 GPT SILVER OVER 8.1 METERS

US Gold Corporation is pleased to announce additional core drilling results that have expanded the mineralization (Fig. 1) at the El Gallo Project in Sinaloa State, Mexico. The three best holes of the eight assayed since the last update on March 24, 2010, are: 3.7 ounces of silver per ton (opt) over 266.9 ft (feet) (125.6 grams per tonne silver over 81.4 meters (m), 8.0 opt silver over 75.6 ft (273.8 gpt silver over 23.1 m) and 21.1 opt silver over 26.6 ft (725.1 gpt silver over 8.1 m).

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ZAGG Inc. (NASDAQ:ZAGG)

iPad Photo App Released by ZAGG

ZAGG Inc. (NASDAQ:ZAGG) (www.ZAGG.com), a leading producer of electronics accessories for protecting and enhancing the mobile experience, including the popular invisibleSHIELD(TM) and ZAGGaudio(TM) brands, announces the release of PhotoPad(TM), ZAGG's first app designed for the Apple iPad.

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Merge Healthcare Incorporated (NASDAQ:MRGE)

Merge Healthcare offering $200 million in notes

Merge Healthcare offering $200 million in notes to partly fund Amicas buyout

MILWAUKEE (AP) -- Medical software company Merge Healthcare Inc. said Tuesday it will offer $200 million in senior secured notes due 2015, which will be used to fund a portion of the proposed Amicas Inc. buyout.

Merge is buying Amicas, a medical imaging software company, for $248 million.

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