Sunday, February 28 2010 coastkeep1@aol.com Companies featured in the current edition of the newsletter: ACTC, CVM, GERS, HYTM, IWEB, NWCI, OMCM, PSID, XSNX The markets finished up their wild ride for February on a down note, as all four major indices suffered losses last week. The Dow closed at 10325, down 77 points, or 0.7%, for the week, and 1.0% on the year. The Nasdaq also fell, shedding 6 points to close the week at 2238, 0.3% less than the week prior. It is now down 1.4% YTD. The S&P 500 dropped 0.4% to end the week at 1105, a 5 point loss, and is now down 0.9% on the year. The Russell 2000 gave up 3 points to close at 629, down 0.5%. The Russell is the only one of the four to be up for the year, seeing a 0.5% increase since January.

On the earnings front, Target, the U.S.s number two discount retailer, increased profits by more than 50% in the fourth quarter of 2009. The company reported earnings of $936M, compared to $609M a year earlier. The good news continued for the retail sector, as two more of its big players, Sears and Nordstrom, announced they had increased fourth quarter profits more than twofold. Homebuilder Toll Brothers reported a first quarter loss of $0.25 per share, which was less than analysts estimates.

In economic news, New Home Sales disappointed investors and economists alike after dropping to its lowest level in 50 years, decreasing by 11.2% to a seasonally adjusted annual rate of 309,000. Existing home sales took a surprising tumble as well, dropping 7.2%, its lowest point in 7 months, due in some part to stagnated growth in employment. The Reuters/University of Michigan final consumer sentiment index fell just over 1% to 73.6% for the month of February, right around the preliminary 73.7% released February 12th. GDP estimates of growth during the last three months of 2009 increased to 5.9%. The Chicago PMI rose almost 2% to 62.6 in February, beating predictions of a drop to 59.7.

With Earnings Season completed for the majority of S&P 500 participants, there are few companies issuing results that are likely to influence trading.. Marchs first report on economic activity begins Monday morning at 10:00am with the release of the ISM Index. Auto and Truck Sales for February are announced Tuesday at 2:00pm, followed by the Feds Beige Book for March at 2:00pm on Wednesday. Weekly crude inventories are reported at 10:30am Wednesday as well. Thursday brings the announcement of Initial and Continuing Claims at 8:30am and Pending Home Sales at 10:00am. The Unemployment Rate and Nonfarm Payrolls for February will be reported at 8:30am Friday morning.

A heavy conference schedule for this week begins on Monday with the two-day 9thAnnual Morgan Stanley Technology Media & Telecoms Conference in Barcelona. The company also has its Global Basic Materials Conference Feb. 25th 26thin New York. The four-day 2010 BMO Capital Markets Global Metals & Mining Conference begins Feb. 28thin Hollywood, CA. The two-day Sandler ONeill & Partners West Coast Financial Services Conference begins Monday in Marina Del Ray, CA, as well as the two-day 6thAnnual Information Security and West Coast Emerging Growth Conference presented by Americas Growth Capital being held in San Francisco. Brean Murray, Carret & Co. will be hosting two conferences this week: the Boston Healthcare 1×1 Conference on Mar. 1stand its Global Resources & Infrastructure Conference on Mar. 5thin New York. Tuesday sees the start of the Friedman Billings Ramsey Capital Markets holds their Water Investment Conference in New York. The two-day RBC Capital Markets Healthcare Conference also begins Tuesday in New York, as does the two-day 10thAnnual Energy Conference hosted by Simmons & Company in Las Vegas, NV. Wednesday sees the start of the Keybanc Capital Markets two-day Consumer Conference and the Deutsche Bank Hospitality and Gaming Conference, both in New York. The three-day Canaccord Adams Sustainability Conference also begins Wednesday in Park City, Utah and the NYSE Euronext Investor Day will be held Wednesday as well. Thursday marks the beginning of the Thomas Weisel Partners One-on-One Conference in Denver, the UBS Software Mini Conference in San Francisco and the Natural Gas, Electric Power and Coal Conference in Dallas, also sponsored by UBS.

Volume Alert:Shares ofAdvanced Cell Technology Inc.(OTCBB: ACTC),a biotechnology company applying cellular technology in the field of regenerative medicine, surged 10% on Friday on more than five times average volume, as investors continue to bid shares higher after it was announced last week that the NIHs proposed modification to the definition of what an embryonic stem cell line is could increase the probability that the companys RPE program for the treatment of patients with Stargardts Macular Dystrophy could qualify for Federal funding. Shares of ACTC closed at $0.1055, up $0.0155. It is also up 17.2% YTD, and over 160% since January 2009.

PositiveID Corporation (NASDAQ:PSID), in conjunction with its development partner RECEPTORS LLC, announced that it has successfully completed Phase I development of its rapid virus detection system, a non-invasive, point-of-care test designed to test patient samples and identify various forms of influenza within minutes. Phase II of the development, which the company expects to complete by the end of 2010, is planned to launch in February 2010. The company also announced last week that it had entered into a partnership with FIS, a leading provider of banking and payments technology, to launch the companys next generation Health Link personal health record (PHR). The new Health Link, which is now live, will be interoperable with Microsoft HealthVault and Google Health, as well as a number of other electronic medical records systems. The program will be the first PHR to provide real-time blood sugar readings for diabetics, and their caregivers/physicians. The company also intends to integrate Health Link with itsiGlucosesystem, which uses wireless SMS messaging to automatically communicate a diabetics glucose levels in real-time. Shares of PSID closed at $1.40, up $0.17, or 13.8%. It is up 27.3% YTD.

CEL-SCI Corporation (AMEX: CVM)and their scientific collaborators announced that they have been able to demonstrate that the company`s CEL-2000 vaccine is able to block the progression of rheumatoid arthritis in a mouse model. The results were published in the scientific peer-reviewed Journal of International Immunopharmacology in an article titled “CEL-2000: A Therapeutic Vaccine for Rheumatoid Arthritis Arrests Disease Development and Alters Serum Cytokine / Chemokine Patterns in the Bovine Collagen Type II Induced Arthritis in the DBA Mouse Model” with lead author Dr. Daniel Zimmerman. The study was co-authored by scientists from CEL-SCI, Washington Biotech, Northeastern Ohio Universities Colleges of Medicine and Pharmacy and Boulder BioPath. Shares of CVM closed at $0.68, up $0.02, or 3.0%.

XsunX, Inc. (OTCBB: XSNX), a developer of solar cell technologies and manufacturing processes, reported that recent studies have shown that the solar industry experienced another increase in demand in the fourth quarter of 2009. Analysts predict demand will continue to increase year over year as government-based adoption policies continue to take hold on a global basis.. The company is working to develop new thin-film manufacturing techniques, including cross-industry hybrid technology for manufacturing high performance solar cells made from thin-film Copper Indium Gallium (di) Selenide (CIGS), and believes these new processes will provide a less costly photovoltaic technology for solar modules. In related news, XSNX also announced in a shareholders newsletter the completion of a processing chamber design that converges separate operations into an integrated single chamber design, which will produce the CIGS absorber, and has also begun work to select, test and eventually finalize a suitable interconnection process that will allow multiple individual CIGS solar cells to work together to create a solar module. Shares of XSNX closed at $0.125, down $0.015, or 10.7%.

NewCardio, Inc., (OTCBB:NWCI)announced last week that it had received a Notice of Allowance from the United States Patent and Trademark Office for a patent covering technology relating to NewCardio`s Cardio3KG solution (formerly VisualECG or Visual3Dx). This represents the core patent for NewCardio`s anticipated Cardio3KG, an emergency/urgent care solution which provides a comprehensive method to assess potentially fatal diseases and conditions, including acute coronary syndrome, with greater speed and accuracy than possible by standard ECG.NWCI also announced that the Heart Rhythm Society (HRS) has accepted an abstract detailing the superior performance of NewCardio`s patented CardioBip technology for remote wireless monitoring and detection of atrial fibrillation (AF). The study results, which discuss the use of CardioBip for improved AF monitoring and detection, are scheduled for oral presentation at the Heart Rhythm Society 31st Annual Scientific Sessions, May 12-15, 2010, in Denver, Colorado. Shares of NWCI closed at $1.56, up $0.21, or 15.6%. Shares are up 116.7% YTD.

OmniComm Systems, Inc. (OTCBB:OMCM), a global provider of eClinical solutions, released a new Application Programming Interface called OmniConnect.. The program is a Representational State Transfer (REST), web services API based on an extended CDISC ODM dataset. The use of REST web services in the API is the first of its kind in the industry. The company also announced that a top five U.S. based biotech company has expanded its relationship by signing an enterprise-wide agreement to deploy OmniComm`s TrialMaster EDC solution for its early phase studies. The total revenue from this agreement is expected to surpass $750,000 during its first year. Shares of OMCM closed at $0.18, down $0.02, or 10%.

IceWEB, Inc. (OTCBB:IWEB)said last week that it had been chosen by VideoBank, a leader in providing video platforms for commercial and government programs, to deliver storage for a government and commercial solution deployments. The company also received an order for a customized, 24TB Geospatial Intelligence Platform from theUnited States Navy, as well as aninitial order for a 24TB Storage Platform from a large interstate gas transmission and storage company. Share of IWEB closed at $0.136, up $0.036, or 36%.

GreenShift Corporation (OTCBB:GERS)announced that it entered into an exclusive supply and cooperation agreement with Alternativa Limited for the purposes of designing and developing sustainable integrated feedstock and renewable energy production facilities. The companies will initially focus on selected geographies throughout the world that have both abundant undeveloped biomass-derived feedstock resources and the downstream supply-chain infrastructure needed for robust distribution and use of renewable energy and other biomass-derived products at scale. The first planned facility will be in Ukraine, and will be designed to process rapeseed into substantial quantities of renewable fuels, edible oils and animal feed in an environmentally-friendly fashion. In addition, the companies are evaluating additional sites for development in Russia and Canada. Shares of GERS closed at $0.0003, down $0.0001.

On the wires:Healthcare services company Hythiam, Inc. (OTCBB: HYTM) now trades on the OTCBB after the Nasdaq delisted the company for failing to meet certain listing requirements. Shares ended the week at $0.22, down 19 cents.

A profile, description, or other mention of a company in the newsletter is neither an offer nor solicitation to buy or sell any securities mentioned. While we believe all sources of information to be factual and reliable, in no way do we represent or guarantee the accuracy thereof, nor the statements made herein. THE READER SHOULD VERIFY ALL CLAIMS AND DO ITS OWN DUE DILIGENCE BEFORE INVESTING IN ANY SECURITIES MENTIONED. This publication accepts compensation from companies that it features. This newsletter should not be regarded as an independent publication. Our editors may, from time to time, acquire positions in the companies that they cover. This could represent a conflict of interest. The CEOcast newsletter shall be under no obligation to inform readers about its trading activities. CEOcast`s editors reserve the right to buy or sell shares in these companies at any time. The following companies, featured in this newsletter, have compensated CEOcast: PositiveID Corporation, seven thousand five hundred dollars per month, CEL SCI Corporation,five thousanddollars andthree hundred fiftythousand shares of stock for a one-year program, XsunX, Thirteen thousand seven hundred fifty dollars per month through a combination of cash and stock, NewCardio, seven thousand five hundred dollars per month and two hundred thousand shares of stock for a six-month agreement, OmniComm, thirteen thousand six hundred and fifty dollars per month, payable in cash and common stock for a one year agreement, iceWEB, seven thousand five hundred dollars per month in cash, plus seven thousand five hundred dollars in stock per month for a six-month agreement, GreenShift Corporation, ten thousand dollars per month plus ten thousand dollars per month of stock, Advanced Cell Technology, seven thousand five hundred dollars per month, plus warrants to purchase up to fifteen million shares of stock, Hythiam, ten thousand dollars per month and two hundred fifty thousand shares of stock for one year.

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