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Author Topic: MSGI Announces First Nanobeak Product -- Handheld Bloodless Diabetes Test
wallymac
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MSGI Security Solutions Inc. (OTCBB: MSGI) today reported that the Company is launching its first product derived from NASA technology, a handheld test for Diabetes, which uses breath instead of blood.


Nanobeak Inc., an MSGI subsidiary, is a nanotechnology company focused on carbon based chemical sensing for gas and organic vapor detection. Nanobeak will take the prototype handheld sensor, which measures acetone levels with a simple breath, out of the laboratory and into the marketplace. The first step involves product testing which will be done in conjunction with a major hospital network in the United States, followed by licensing discussions with the top pharmaceutical companies.


According to the International Diabetes Federation, Diabetes currently affects 246 million people worldwide and is expected to affect 380 million by 2025. At least 50% of all people with Diabetes are unaware of their condition. In some countries this figure may reach 80%. Every 10 seconds a person dies from Diabetes-related causes. India has the largest number of people with Diabetes estimated at 40.9 million. According to the American Diabetes Association, there are 23.6 million children and adults in the United States with Diabetes.


Diabetes is a disease in which the body does not produce or properly use insulin. Insulin is a hormone that is needed to convert sugar, starches and other food into energy needed for daily life. The cause of Diabetes continues to be a mystery, although both genetics and environmental factors such as obesity and lack of exercise appear to play roles. Acetone is the organic compound with the formula OC(CH3)2. This colorless liquid is the simplest example of the ketones. Ketones are the byproduct of a process called Gluconeogenesis

Jeremy Barbera, Chairman and CEO of MSGI commented; “we are excited to announce the first breakthrough in technology that has reached the prototype stage resulting from our new relationship with NASA. With nearly 250 million people in the world affected by Diabetes, we see a clear opportunity to partner with a major pharmaceutical company in licensing our first product. This device will ultimately be marketed to consumers who will be able to determine their health risks with nothing more than a simple breath. If more than 50% of all people who have Diabetes are unaware of that fact, our product will provide a seamless test to save lives by providing early detection.


Nanobeak is the first of several majority owned subsidiaries, each of which will hold the rights to a specific technology. We will be announcing the other subsidiaries and their various breakthrough technologies over the course of the next several weeks.”

About MSGI Security Solutions

MSGI Security Solutions, Inc. is a leading international provider of proprietary solutions to commercial and government organizations. MSGI is developing a combination of innovative emerging businesses that leverage information and technology. The Company is headquartered in New York City where it serves the needs of counter-terrorism, public safety, and law enforcement. More information on MSGI is available on the company's website at www.msgisecurity.com. MSGI is a significant stakeholder in Current Technology Corporation.


The information contained in this news release, other than historical information, consists of forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act. These statements may involve risks and uncertainties that could cause actual results to differ materially from those described in such statements. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. Important factors, including general economic conditions, spending levels and other factors could cause actual results to differ materially from the Company's expectations.

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wallymac
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http://stockcharts.com/h-sc/ui?s=MSGI&p=D&yr=0&mn=6&dy=0&id=p68875110064
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wallymac
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Posted by: outsiders1975 Date: Friday, October 09, 2009 9:58:03 PM
In reply to: None Post # of 1470

New Article at DiabetesHealth.com

http://www.diabeteshealth.com/read/2009/10/09/6396/spyware-that-tests-for-diabet es/


Spyware That Tests for Diabetes?
Russell Phillips, PhD
Oct 9, 2009

MSGI Security Solutions, which "serves the needs of counter-terrorism, public safety, law enforcement, and commercial security," has moved into a new area: diabetes detection. In fact, it has developed a handheld sensor that detects diabetes by measuring the level of acetone in the breath. The device, which employs carbon-based chemical sensors that detect organic vapors, is based upon nano sensors that NASA originally developed to make scientific measurements during space missions.

How does a sensor that detects acetone serve to diagnose diabetes? Because people with diabetes are resistant to insulin or don't produce it at all, their bodies are unable to move glucose from their bloodstream into their cells for energy. When the starved cells call for more glucose, the liver gets into action, converting fat into glucose in a process called gluconeogenesis ("gluco" = glucose; "neo" = new; and "genesis" = production). Gluconeogenesis produces substances called ketones. Ketones break down into three basic compounds, one of them being acetone, which then ends up in the breath.

According to the International Diabetes Federation (IDF), about half of the approximately 246 million people in the world who have diabetes don't know that they have the disease. Early detection would mean that early treatment could be made available. And early treatment, as we know, is absolutely necessary to prevent or delay the complications of diabetes. A simple breath test would go a long way toward simplifying early detection.

Please be aware, however, that this product is still in the prototype stage. MSGI has formed a subsidiary, Nanobeak, which is looking to test the handheld sensor and then license it to Big Pharma. It will then be up to Big Pharma to determine how to market the device to us, the consumers, or to our healthcare providers. (By the way, a nanobeak is a near-field optical head with a beaked metallic plate. Now you know.)

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wallymac
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NASA, MSGI Partner for Solar Energy and Nanotechnology
5 minutes ago - Businesswire

As of 10:35 AM ET 10/27/09
The National Aeronautics and Space Administration ("NASA") and MSGI Security Solutions Inc. (OTCBB: MSGI) today announced under the terms of two Space Act Agreements, it will partner with MSGI, to advance solar cell technology and develop nano-chemical sensors. The solar cells will use semiconductor materials instead of silicon crystals and prepare them in a nanostructured form for greater efficiency. NASA and MSGI also will use nanotechnology and carbon-based chemical sensing to detect gas and organic vapors found in human breath.

NASA developed these two revolutionary nanotechnologies that now have promising alternative applications. Solar cells that powered space missions now may compete with conventional electricity as an energy source. An electronic sniffing sensor, used to monitor the air onboard the Space Shuttle, may be used for medical diagnoses and environmental monitoring.

"Silicon crystalline solar technology has limitations that this new nanostructured form and semiconductor technology will surpass," said Meyya Meyyappan, chief scientist for exploration technology and director of the Center for Nanotechnology at NASA's Ames Research Center, Moffett Field, Calif. "This has led NASA to investigate novel materials, substrates and production techniques with the goal of becoming more efficient while achieving lower production costs."

MSGI recently announced that its subsidiary companies will co-develop and commercialize these technologies. Andromeda Energy Inc., will focus on scalable renewable energy solutions that cost less per watt than conventional energy sources.

"We are committed to establishing a solar platform in Northern California, which will create new jobs and help stimulate the local economy, while reducing our dependence on traditional energy sources," said Jeremy Barbera, chairman and chief executive officer of MSGI Security Solutions, Inc.

Nanobeak Inc., is a nanotechnology company that develops carbon nanotube-based chemical sensing devices. It will soon launch its first prototype, derived from NASA technology, which is a handheld sensor that can detect diabetes. The device will measure specific signatures for diabetes by simply breathing into a personal handheld device. This will help eliminate expensive laboratory tests and inconvenient trips to the laboratory facility.

"This product will provide a simple, non-invasive test to save lives by providing early diabetes detection," said Barbera. "More than fifty percent of all people who have diabetes are unaware of that fact."

For more information about NASA's Innovative Partnership Program and NASA technology infusion activities, visit:

http://ipp.nasa.gov

For information about NASA and agency programs, visit:

http://www.nasa.gov

For more information about MSGI Security Solutions, Inc., visit:

http://www.msgisecurity.com

If you are a news media professional who would like to sign up for the 'local-reporters'" e-mail list for alerts about NASA feature stories on the web, please e-mail your request to Jonas Dino, Jonas.Dino@nasa.gov or give him a call at 650/604-5612. To unsubscribe, send an e-mail to local-reporters-request@lists.arc.nasa.gov with "unsubscribe" in the subject line.

About MSGI Security Solutions

MSGI Security Solutions, Inc. is a leading international provider of proprietary solutions to commercial and government organizations. MSGI is developing a combination of innovative emerging businesses that leverage information and technology. The Company is headquartered in New York City where it serves the needs of counter-terrorism, public safety, and law enforcement. More information on MSGI is available on the company's website at www.msgisecurity.com. MSGI is a significant stakeholder in Current Technology Corporation.

SOURCE: MSGI Security Solutions, Inc.

Ames Research Center, Moffett Field, Calif.
Ruth Dasso Marlaire, 650-604-4709
ruth.d.marlaire@nasa.gov
or
MSGI Security Solutions Inc., San Francisco
Jeremy Barbera, 415-971-4435
jbarbera@msgisecurity.com

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oldseven
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This News and stock is DOWN 14%???

--------------------
Only ONE good stock away from retirement!

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wallymac
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I know. Here's the kicker. NASA confirmation.

http://www.msgisecurity.com/msgi-security-solutions-inc-nasa-ames-research-cente r-partner-solar-energy-nanotechnology-october-27-2009.pdf

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IWISHIHAD
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This one just keeps moving upward.
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IWISHIHAD
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Still going on no news.
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IWISHIHAD
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Keeps going.

Had news out today it appears many liked it.

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wallymac
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March 15, 2010, 10:00 a.m. EDT · Recommend · Post:

MSGI To Retire $12 Million In Debt Eliminating Five Convertible Debt Instruments
NEW YORK, Mar 15, 2010 (BUSINESS WIRE) -- MSGI Security Solutions Inc. /quotes/comstock/11k!msgi (MSGI 0.15, +0.02, +11.54%) today reported that a Note Purchase and Sale Agreement was executed between Madison And Wall Investments, LLC. and the previous holders of all Convertible Notes from December 2006 and March 2009. The buyer will acquire all the notes valued at $10,250,000 plus $1.8 million in accrued interest.

As a subsequent transaction, Madison and Wall Investments has agreed to convert the debt instruments into Preferred Stock of MSGI thus extinguishing the entire debt. They have further agreed not to trade the stock of MSGI before 12/31/10.

Jeremy Barbera, Chairman and CEO of MSGI commented; "this represents a highly strategic move for MSGI in the Renewable Energy sector. In addition to dramatically improving our balance sheet by eliminating debt that has weighted down the company for the past four years, we are now forming a partnership with an affiliated group of Madison and Wall Investments that owns and controls extensive Solar Energy and Geothermal Energy assets in the United States.

This week we will announce plans that detail the business combination between MSGI and the affiliates of Madison and Wall Investments. This New Renewable Energy platform will also become the commercialization vehicle for the NASA Solar Energy innovations currently under development at Ames Research Center in Mountain View, California".

About MSGI Security Solutions

MSGI Security Solutions, Inc. is a leading international provider of proprietary solutions to private sector and government organizations. MSGI is developing a combination of innovative emerging businesses that commercialize technology. The Company is based in New York City and San Francisco. More information on MSGI is available on the company's website at www.msgisecurity.com. MSGI is a significant stakeholder in Current Technology Corporation.

SOURCE: MSGI Security Solutions Inc.


MSGI
Jeremy Barbera, 415-971-4435
jbarbera@msgisecurity.com


Copyright Business Wire 2010

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wallymac
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Consistent gainer. Now .164 with the Ask at .17
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wallymac
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Still going up. Now .179 Bid .176 X Ask .182
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IWISHIHAD
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Seems to be more to this one and the rise.

A lot of days of green.

Still going, one of the old issues was money, which seems to be cleared up by that recent PR.

I will buy a little more when we hit .20.

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wallymac
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Yes, the big issue was the debt which has now been dealt with.

Also have News pending this week, per the PR, regarding a partnerhip and the Andromeda Energy Sub.

Still have the Other Sub Nanobeak which should help increase the value.

This one has been under heavy accumilation for over a month now.

Broke the old resistance, next resistance is the 52 week high of .28.

This is making my portfolio very green.

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wallymac
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MSGI Energy is Formed, Establishing Strategic Partnership with Franklin Energy
Date : 03/17/2010 @ 9:30AM
Source : Business Wire
Stock : MSGI Security Solutions Inc. (MSGI)
Quote : 0.182 0.0 (0.00%) @ 8:21AM


MSGI Energy is Formed, Establishing Strategic Partnership with Franklin Energy
MSGI Security Solutions Inc. (OTCBB: MSGI) today reported that it has formed MSGI Energy Inc. and entered into a definitive long-term strategic partnership with Franklin Energy, Middletown, CT, to create an energy, and energy related sciences company positioned to implement proprietary technologies in the Geothermal and Solar sectors nationally and globally.

Through several Space Act Agreements, the newly formed group is positioned to take a leading role in bringing into the commercial/private sector, proprietary NASA technologies including advancements in energy production, battery (Storage) technologies, nanotechnology and health related advancements.

By combining resources and best practices, the strategic partnership will enhance operations and create efficiencies at all levels of the new company, including generation, transmission and distribution.

Earlier this week MSGI announced that a Note Purchase and Sale Agreement was executed between Madison And Wall Investments LLC. and the previous holders of all convertible notes from December 2006 through March 2009. The buyer agreed to convert all of these debt instruments valued at $12 million into Preferred Stock of MSGI thus extinguishing the entire debt. They further agreed not to trade the stock of MSGI before 12/31/10.

Through MSGI Energy, which will be majority owned by MSGI and minority owned by Franklin Energy, the company will strive to become the first fully integrated renewable energy company in America by delivering Solar Power and Geothermal Energy onto the grid in a distributed method. MSGI Energy and Franklin Energy will form and operate solar farms across America fueled by stimulus grants provided by the American Recovery and Reinvestment Act of 2009. This new Renewable Energy platform will be the commercialization vehicle for the NASA Solar Energy innovations currently under development at Ames Research Center in Mountain View, California.

Franklin Energy is an affiliate of Madison and Wall Investments and both businesses share common ownership. Franklin Energy is a structured company established by Franklin Power and Light, another affiliated company in the deregulated electrical energy markets in the United States. The company (www.franklinpl.com) launched operations in 2007 to achieve customer acquisition through an aggressive roll-up of existing suppliers, aggregators and network marketing throughout all of the deregulated markets.

Jeremy Barbera, Chairman and CEO of MSGI commented, “Beginning with our NASA partnership from this fall, followed by the recapitalization of the company, and now by joining forces with Franklin Energy, we have successfully rebirthed the company in a growing sustainable industry. MSGI and Franklin Energy are in a position to take a leadership role in the utilization of emerging technology, while creating new jobs, expanding infrastructure and generating clean renewable energy. We are a perfect example of why stimulus grants have been made available - to innovate and stimulate the economy; one company at a time. We have joined with best of breed partners and can now begin to reward our shareholders with the most tangible outcome: results that will yield material financial returns in the near term.”

“Our first priority will be to restore the Company’s listing on the NASDAQ Stock Exchange,” added Barbera.

Christopher Plummer, Chairman and CEO of Franklin Energy commented, “The combination of Franklin Energy and MSGI Energy will create a rock-solid portfolio of electric generation businesses, increasing value for our shareholders immediately and in the longer term. Just as significant as the strong strategic fit of our companies is the cultural fit. Franklin Energy and MSGI Energy share compatible values, operating philosophies and views of the future. The increased scope and scale will make the combined company a major industry leader with a strong balance sheet and a low-cost generation portfolio. Both companies are known for operational excellence as well as strong customer service and reliability.

“We are creating a top-tier energy company that will assume a key leadership role in the future of our industry while delivering benefits to all of our shareholders. Moreover, with the vast real estate land holdings of Franklin Energy and its affiliated companies, we look forward to an aggressive expansion of Solar and Geothermal Operations in the coming year. This combination creates a stronger platform from which to continue our leadership in finding practical solutions to the environmental challenges facing our industry and country,” added Plummer.

Kenneth Roque-Bragg Vice President, Corporate Affairs, Franklin Energy stated, “This union is a great strategic fit and it leaves us well positioned for continued consolidation in the energy sector, as both of the electric businesses will have the scale to stand alone. Importantly, it also provides an immediate and significant improvement for our merchant operations and enhances their future prospects.”

About MSGI Security Solutions

MSGI Security Solutions, Inc. is a leading international provider of proprietary solutions to private sector and government organizations. MSGI is developing a combination of innovative emerging businesses that commercialize technology. The Company is based in New York City and San Francisco. More information on MSGI is available on the company's website at www.msgisecurity.com. MSGI is a significant stakeholder in Current Technology Corporation.

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wallymac
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MSGI Retires $2.6 Million In Debt
Date : 03/18/2010 @ 9:30AM
Source : Business Wire
Stock : MSGI Security Solutions Inc. (MSGI)
Quote : 0.15 -0.008 (-5.06%) @ 8:02AM


MSGI Retires $2.6 Million In Debt
MSGI Security Solutions Inc. (OTCBB: MSGI) today reported that they have retired $2.6 million in debt directly related to equipment financing, which originated in December 2007. The three note holders represented $1,900,000 in principal and approximately $700,000 in accrued interest.

These former note holders agreed to convert their debt into unregistered common stock of MSGI based on a $.20 conversion price and further agreed not to sell any of their shares held until 2011.

Jeremy Barbera, Chairman and CEO of MSGI commented; “We have retired approximately $15 million in debt this month, dramatically improving our balance sheet. The company will be able to achieve profitability much faster now that the significant related quarterly interest expenses are behind us. We are also launching our renewable energy business with a clean slate by retiring the vast majority of our historical debt.”

About MSGI Security Solutions

MSGI Security Solutions, Inc. is a leading international provider of proprietary solutions to private sector and government organizations. MSGI is developing a combination of innovative emerging businesses that commercialize technology. The Company is based in New York City and San Francisco. More information on MSGI is available on the company's website at www.msgisecurity.com. MSGI is a significant stakeholder in Current Technology Corporation.

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wallymac
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MSGI Energy Announces Plans For Solar One

http://finance.yahoo.com/news/MSGI-Energy-Announces-Plans-bw-1211321548.html?x=0 &.v=1

Press Release Source: MSGI Security Solutions Inc. On Tuesday March 23, 2010, 9:30 am
NEW YORK--(BUSINESS WIRE)--MSGI Security Solutions Inc. (OTCBB: MSGI - News) today reported that MSGI Energy a subsidiary of MSGI Security Solutions, Inc., will build and operate “Solar One” in Preston Connecticut.

Solar One is the first of more than ten solar farms that MSGI Energy will establish in partnership with Franklin Energy during 2010. All solar farms will produce revenue in the year that they are installed, and the cost to build out the facilities will be materially offset by stimulus money provided by the American Recovery and Reinvestment Act of 2009.

The first 10 megawatts of Solar One is projected to generate approximately $4.8 million in revenue through Power Purchase Agreements and by sending power directly into the grid. The Preston Connecticut land consists of 68 acres, which provides capacity to supply over 12,000 homes with Renewable Energy. This parcel of land is owned by Franklin Energy.

Each of the planned solar farms will be EBITDA positive in their first year of operation. Depending on the amortization schedule utilized, the solar farms will generate positive net income within the first 18 months of operation. MSGI Energy and Franklin Energy expect to break ground by June 1, 2010 and will submit the paperwork for stimulus grants to the United States Treasury by May 1, 2010 . The first megawatt of power will be online within the next 120 days.

About MSGI Security Solutions

MSGI Security Solutions, Inc. is a leading international provider of proprietary solutions to private sector and government organizations. MSGI is developing a combination of innovative emerging businesses that commercialize technology. The Company is based in New York City and San Francisco. More information on MSGI is available on the company's website at http://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.msgisecurity .com%2F&esheet=6224400&lan=en_US&anchor=www.msgisecurity.com&index=1&md5=59f4610 92d515bfcc21df5622ce4c513. MSGI is a significant stakeholder in Current Technology Corporation.

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IWISHIHAD
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Someone sure bought a lot of shares at the end of day Friday 800,000+ and way above what it was going for most of the day.

Looks like $120,000+, seems like a lot for a penny stock in this range.

Guess we will see if it means anything in the next few days-weeks.

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