November 9, 2009 9:50 PM
Small Cap News Movers for 11/9/09
eOn Communications Corp. (NASDAQ: EONC) today reported fourth quarter and fiscal year ended July 31, 2009 results. Fourth quarter revenue increased 217% to $5,089,000 from $1,604,000 in the fourth quarter of last year and increased 106% compared to revenues of $2,465,000 in the third quarter of this year. Net income for the quarter was $111,000 or $0.04 per common share compared to a net loss of $338,000 or $0.12 per common share in the quarter ended July 31, 2008. The stock closed at $2.90, up 75.45%, on 2,646,570 traded shares.
CEL-SCI Corporation (NYSE AMEX: CVM) announced today that Dr. Kenneth S. Rosenthal, Professor of Immunology and Microbiology of Northeastern Ohio Universities College of Medicine and Pharmacy, reported on work conducted in collaboration with scientists at the Cleveland Clinic and CEL-SCI on CEL-SCI’s LEAPS vaccine technology. The data was presented at the 7th GTCbio Vaccine: “All Things Considered” Conference in Crystal City, Virginia. The stock closed at $1.41, up 15.57%, on 16,524,703 traded shares.
Ruby Creek Resources, Inc. (OTCBB: RBYC) announced today that it has signed a Joint Venture Agreement with Douglas Lake Minerals Inc. for the right to acquire and develop a portion of Douglas Lake's Mkuvia Gold Project. Douglas Lake has spent more than $2,100,000 in the past 16 months in exploration, developing an understanding of the mineralization on a portion of the property, focusing on a relatively small area for mechanized production (about 10 sq km). The stock closed at $0.13, up 116.67%, on 297,800 traded shares.
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