Today's Small Cap Market Movers (NASDAQ: QUOT,MDNU,LACO)

this morning, Life Quotes Inc. (NASDAQ:) is trading at $ 3.96 to $ 1.20, or 43% for the day. LQ acquisition Inc. is starting cash tender offer for all outstanding shares publicy held in life quotes Inc. for $ 4.00 per share. LQ Acquiring a 31% stock amp already and will continue until the demand offer expires at 12:00 (noon) EST. In Life Quotes latest first quarter conference call, the company reported revenue of 2.4 million, a decrease of 39% from a year ago. Net loss was $ 0.12 per share.

Medical Nutrition USA Inc. (NASDAQ: MDNU) are also collected today Danone. The company is trading at 3.96 to 1.18 or 42%. In a very similar agreement Danone North America Inc. is acquiring all outstanding shares MDNU for 4.00 share in cash, or about 62.3 million U.S. dollars. Danone Nutrition Medican plans to merge the U.S. with one of its wholly owned subsidiary after the deal.
company's latest earnings report since it was in April, noting the increase in net profit $ 216.7000, compared with a net loss of 136 100 a year earlier. Gross profit also increased to 2.4822 million or 55% of sales, an increase of 1.9276 million or 52% of sales.
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Finally, Lakes Entertainment, NASDAQ: Laco was trading at $ 1.77 to 0.30 or 20%. Lakes announces its first quarter results this morning, log net loss of $ 4.7 million kuna ($ 0.18 per share) compared to a loss of 1 million a year ago. Revenues declined as well, which is attributed to increased competition in the four winds Casino Resort market place. Investors can be confident in this company because of the ongoing projects and unrealized gains relating to unfinished projects. Management noted that progress continues on all four casino projects.

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