QuoteMedia, Inc. (QMCI.OB), a leading provider of stock market data and applications, announced its financial results for the period ending September 30, 2008. The company licenses interactive stock research tools like insider reports, market indices, portfolio management systems, streaming real-time quotes, and data feeds to companies such as NASDAQ, Dow Jones, Wells Fargon, Business Wire, the OTCBB, Penson Worldwide, and others. Even during this period’s upheaval in the financial markets, QuoteMedia has posted strong third quarter results.

During the first nine months of 2008, QuoteMedia was able recognize a net cash balance through operating activities of $1,037,980. The net cash balance actually increased by more than 57% compared to the same period in 2007, where the company recognized a net cash balance of $658,534.

During the third quarter, QuoteMedia increased subscriptions to its new Quotestream II and Quotestream Pro products, as well as increased sales in their

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Let’s face it — penny stocks get a bad rap in the financial news media. But despite what the pundits tell you, the jabs at cheap stocks are rarely justified. It’s time to bust Five Myths About Penny Stocks.

1.) They’re Riskier Than Other Investments

While this was once true, if you’ve been following the economy recently, you know that’s no longer the case. In an age when blue chips like AIG (NYSE:AIG) or Lehman Brothers can swing just as wildly as the crankiest penny stock, even the big names are no sure thing.

To be fair, penny stocks are far from risk-free. But it’s that risk that brings with it the reward potential penny stocks are known for.

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The “Black Market” Secret Used by Famous Investors

Even world-famous investors first cut their teeth in the investing world by raiding “Black Market” stocks like these…

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2.) They’re Hard to Buy

Just in

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Voyant International Corp. (OTCBB: VOYT) engages in the integration of innovative technologies, media assets and strategic partnerships to provide commercial and consumer solutions for the digital world. One of the company’s interests is the aviation broadband industry, expected to grow to $936 million by 2012, according to an industry report from MultiMedia Intelligence.

The company today announced the successful completion of the first of a series of flight tests on its aviation broadband service designed to offer significantly higher bandwidth than existing inflight narrowband services. Despite soaring oil prices and an increase in airline ticket prices, many travelers take to the sky for business trips. Having a broadband solution while traveling allows for less wasted time and more in-air production.

“There are no substitutes for actual flight tests,” Ed Gerhardt, Voyant’s general manager of wireless systems stated in the press release. “This first airborne test validates much of our design

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Applied Nanotech Holdings Inc. (OTCBB: APNT) operates as a holding company for Applied Nanotech Inc. (ANI), one of its two wholly-owned subsidiaries. ANI is a leading research and commercialization organization for printed electronics for solar, display, electronic packaging and flexible electronics applications. Optomec Inc. provides additive manufacturing systems for high-performance applications in the electronics, photovoltaics, life sciences and aerospace markets. The company has more than 50 M3D customers in 10 countries, and has experienced doubling of its sales of M3D products each year. Applied Nanotech today announced ANI will team up with Optomec to execute a development program in which ANI will install a dedicated Optomec M3D Aerosol Jet printer at its facilities to adapt its revolutionary copper ink to Optomec’s patented ultra-high resolution printing technology. “We are very pleased that ANI has committed to optimize its copper for use with our M3D Aerosol Jet printing technology. Our customers have a rapidly growing ...

Toro Ventures Incorporated is an oil and gas exploration company with headquarters in Seattle, Washington. Trading on the OTCBB, they focus their efforts on finding projects that are low-risk to generate cash flow, and on finding larger projects that they can develop as joint ventures. Toro believes they can offer their shareholders value in the near term by securing opportunities that they can develop using existing infrastructure and the experience of established oil and gas operators.

Toro Ventures also believes they can play a role in reducing US dependency on foreign oil by being an active explorer and developer of proven domestic reserves. They have recently entered into a Letter of Intent (LOI) in Oklahoma. This LOI is with Nitro Petroleum on the Crown Oil and Gas Lease in Pottawatomie County. The company is moving aggressively into the oil and natural gas exploration business because of increased world demand, short

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Public Media Works, Inc. (OTCBB: PUBM.OB) is a publicly traded company that operates within the diversified entertainment sector. The company combines the golden age of film with the new age of the web by focusing their efforts on the ability to identify newly or already existing untapped resources of talent and content, and then bringing these elements together to create professional entertainment products.

Public Media Works looks for raw content in the form of film concepts, trailers, scripts, treatments, music, and book proposals, which they will either acquire or license for further development and distribution as finished products to be sold to specifically targeted, fan-based audiences. The advantage of targeting certain groups of consumers allows the company to streamline the process costs of development, production, marketing and distribution to revitalize the revenue potential for each project.

The company has formed a new operating subsidiary, Public Web Works, to

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Hybrid Technologies, Inc. (OTCBB: HYBR), an emerging leader in the development and marketing of lithium-powered products worldwide, is extremely proud to have Emmy and Golden Globe nominee, Alan Thicke, as a special guest participating at their North Carolina research facility.

The Canadian-born actor and musician won fame through his role as Jason Seaver, a stay-at-home dad on the ABC television series Growing Pains (1985-92), which was translated into eight languages and broadcast from China to Spain. His reputation for integrity stems from this portrayal, and resulted in his being honored in 2007 as the Canadian Performer of the Year.

Thicke, who refers to himself as a “Baby Boomer consumer”, admits he has been part of the problem surrounding vehicle use and global warming, and now wants to be part of the solution. Hybrid Technologies, with its lithium-powered electric vehicles, provides that opportunity by delivering a vehicle that reduces emissions

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According to the most recent statistics from the Centers for Disease Control and Prevention, approximately 448,871 people were living with AIDS in the United States in 2006, 3,775 of which were children under the age of 13. That same year, 565,927 persons died from AIDS, 5,369 of which were under age 13.

GeoVax Labs Inc. (OTCBB: GOVX) is a biopharmaceutical company focused on the prevention and treatment of infectious diseases. The company today announced its updated progress of its phase 2 preventative human clinical trial testing; the company said it will move forward with therapeutic human trials with its AIDS vaccine.

According to the press release, the company’s phase 2 trail, conducted by the U.S. National Institutes of Health (NIH) supported HIV Vaccine Trials Network (HVTN), will involve 225 healthy volunteers from the United States and South America. The clinical trials are scheduled to commence early this fall, upon FDA

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Javo Beverage Company is a supplier of dispensed coffee and tea drink mixes, and bulk flavor systems. They provide beverages and ingredients for food service operators and manufacturers of retail food products. Headquartered in Vista, California, Javo trades on the OTCBB. They have a current market capitalization of $106.13M.

Javo’s proprietary extraction technology and research into coffee and teas allows them to offer foodservice operators hot coffees, and cold specialty coffee and tea beverages, from dispenser-based systems. Their product line is primarily liquid concentrates and flavors based on their extraction technology. They also develop and supply customized ingredients for food and beverage processors for their packaged foods and ready-to-drink beverages. Javo provides their products, equipment service, and distribution operations to national and international foodservice operations, specialty coffee retailers, restaurant chains, and food manufacturers.

Javo offers on-demand hot brewed coffee and tea systems. Their systems do not use excessive heat, which can destroy

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Lev Pharmaceuticals Inc. (OTCBB: LEVP) develops and commercializes therapeutic products for inflammatory diseases. Its lead product candidate, Cinryze (C1 inhibitor), is for the treatment of angioedema (HAE).

The company today announced today a letter of agreement with the Sanquin Blood Supply Foundation, which gives Lev the OK to file for European marketing authorization of C1 to treat the life-threatening attacks associated with HAE, such as inflammation of the larynx, abdomen, face, extremities and urogenital tract. Lev also received authorization from the European Medicines Agency (EMEA) to submit an application for C1 for Community Marketing Authorization through the centralized European registration procedure.

An estimated 10,000 people in the United States suffer from HAE. Per the agreement with Sanquin, Lev holds exclusive rights to market and distribute C1 for the treatment of HAE in North America, and is in discussions with Sanquin to expand distribution to certain European countries.

Lev intends to submit

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