Smartheat Inc (OTCMKTS:HEAT) a Nevada Corporation (the “Company”), received notice pursuant to the Equity Interest Purchase Agreement, dated October 10, 2013 (the “Equity Interest Purchase Agreement”). SmartHeat Inc (OTCMKTS:HEAT) shares after opening at $0.20 moved to $0.20 on last trade day and at the end of the day closed at $0.200. Company price to sales ratio in past twelve months was calculated as 0.01 and price to cash ratio as 0.08. SmartHeat Inc (OTCMKTS:HEAT) showed a positive weekly performance of 53.85 %.
Escalon Medical Corp. (NASDAQ:ESMC) announced that it received U.S. Food and Drug Administration (FDA) 510(k) clearance for its new tablet-based ultrasound imaging system, the Sonomed Escalon VuPad. Escalon Medical Corp. (NASDAQ:ESMC) shares advanced 10.46% in last trading session and ended the day on $1.69. ESMC return on equity ratio is recorded as -27.80% and its return on assets is -14.70%. Escalon Medical Corp. (NASDAQ:ESMC) yearly performance is 57.94%.
Telos Asset Management LLC (“Telos”), a subsidiary of Tiptree Financial Inc. (NASDAQ:TIPT) announced that Telos CLO 2006-1, Ltd. (“Telos 1”), a collateralized loan obligation vehicle (“CLO”) for which it acts as collateral servicer, has recently received ratings upgrades from Standard & Poor’s on certain classes of its notes. Tiptree Financial Inc (NASDAQ:TIPT) shares moved up 9.07% in last trading session and was closed at $8.54 while trading in range of $8.10 – $8.89 – Tiptree Financial Inc (NASDAQ:TIPT) year to date (YTD) performance is 16.35%.
Carolina Trust Bank (NASDAQ:CART) reported a full year 2013 net loss of $1.64 million, or $0.35 per diluted share attributable to common shareholders, compared to a 2012 net profit of $146,000, or $0.03 per diluted share available to common shareholders. Excluding payment of dividends on preferred shares, the bank reported a net loss of $1.45 million for the full year 2013. Carolina Trust Bank (NASDAQ:CART) weekly performance is 10.84%. On last trading day company shares ended up $4.60. Carolina Trust Bank (NASDAQ:CART) distance from 50-day simple moving average (SMA50) is 25.93%.