Advanced Battery Technologies (GBT) - Products Open To Penetrate European Market

Obviously, I have not done a very good job keeping up with the development of Advanced Battery Technologies. However, I notice today that the company announced it qualified for CE Marking. According to the announcement released after the close of the market today, "CE Marking is a legal requirement for the sale of manufactured goods throughout the European Economic Area (EEA). The EEA is composed of the three member states of the European Free Trade Association (EFTA) and the 27 member states of the European Union (EU)."

This qualification apparently enables the company to begin to penetrate the European market and continue their international expansion. I contend this will benefit GBT positively tomorrow and over the long-term. GBT has performed very well this year, and I do not foresee any immediate reasons why it should slow down yet.

3DIcon Corp (TDCP) - Expansion And Growth, But Not Reflected In The Stock Price (Yet)

I continue to like the progress 3DIcon is making regarding the company's expansion and growth. Unfortunately, shareholders are not seeing the positive developments reflected in the share price, but I believe this will change given more time.

Today, TDCP issued a press release announcing the retention of "Virginia-based Innovation Drive to accelerate and support its efforts to identify and secure federal R&D and RD&D (Research Development and Demonstration) engagements for the application of 3D technologies." The company aptly characterized this move as an effort to initiate a Federal Outreach Program. And as all shareholders know, government contracts mean nice pay-offs (FRPT).

At this point, I do not foresee much stemming from this attempt to pursue contracts with the Federal government. Afterall, the company does not yet have a working prototype (to our knowledge, which I imagine to be fairly accurate). However, given time, the US government will more than likely prove to be a valuable customer for 3DIcon.

As far as Innovation Drive is concerned, Chairman McCoy appears to have outstanding credentials, and to a slightly lesser extent, so does Chief Executive Officer York. However, I would be curious to hear how the agreement was financed.

Lastly, I thoroughly enjoyed Mr. McCoy's quote, "A picture is worth a thousand words, and a three dimensional, 3DIcon picture in real-time is worth a million words." Hopefully, it will be worth a few billion dollars as well...

3DICON CORP (TDCP) - Launches First Product That Will Generate Revenue This Quarter

3DIcon announced today that the company launched a new software product called Pixel Precision™. The product is the first product 3DIcon has brought to the market and will be "ready for sale this quarter," according to CEO Martin Keating. According to the release, product demonstrations begin November 5th for "qualified prospects."

Pixel Precision™ targets the research and development market for Texas Instruments’ DLP® technology and interfaces with Texas Instrument’s DMD Discovery™ line of products as well as DMD Discovery™ with ALP, to enable precise control over individual DMD pixel elements, eliminating the need for tedious programming efforts, according to the press release.

3DIcon President Vivek Bhaman had this to say about the development, "“We believe that sales into the DLP® technology application development market will benefit 3DIcon by creating fertile ground for potential strategic partnerships, co-development, or technology sales and transfers to and from other leaders in projection and 3D technologies.”

This is an enormous development for the company and the largest to date in my opinion, as it demonstrates the first possible stream of revenue for the company. The product was completely unexpected by the majority of shareholders I believe and is a pleasant surprise. Now, I do not foresee revenue pouring into the company from this product, but as CEO Martin Keating put it, "[Pixel Precision™] is proof that a portfolio of revenue-generating products and technologies is beginning to flow from our research efforts at OU.” And I don't think anyone can complain about that...

Plug Power Inc. (PLUG) - Up On Wal-Mart Deal

Well, if you put Plug Power on your radar a couple weeks ago when I pointed out that Ballard Power Systems and Plug Power were collaborating to build a fuel system for the US government, you would have noticed that PLUG ran today based on the announcement that the company would provide fuel cells to Wal-Mart.

PLUG had enormous volume pouring in today with over 17 million shares being traded (O/S is 86 million). The stock gapped up today from yesterday's close at $2.97 to open at $4.56. PLUG raced by its previous 52 week high reaching a high of $4.75 today. Unfortunately PLUG could not sustain the gains and closed at $3.51.

Not sure how the stock will react tomorrow, but PLUG may be another interesting stock to add to your watch list as it develops deals with the US government and Wal-Mart.

Skins Inc. (SKNN) - Wanting To Reverse

Yesterday, I pointed out that SKNN has just about formed a triple bottom in the mid $.70s. The doji today goes to show that SKNN wants to bounce from these levels. However, it's still very possible the stock could sink a few more cents to actually realize the triple bottom, so I would not jump at the chance to get in yet. Indicators are slightly up from where they were yesterday, but as I said yesterday, we probably won't see a bounce until tomorrow or Wednesday.