Small caps round-up: China Food Company, Blinkx, Lokn'Store

Also includes: Spark Ventures, Oxford Advanced Surfaces

China Food Company, a manufacturer of cooking and dipping sauces, said it was proceeding with the sale of its animal feed business for $16m. The firm said the first payment of $4.5m was now expected by mid-August due to unexpected regulatory delays on the part of the buyer, Wisehand Planning. Following the announcement of the delay shareholders pushed CFC's shares down 1%.

Blinkx, the video search engine, has announced a partnership with Kiplinger, a publisher of business forecasts and personal finance advice. It said the tie up would give Blinkx users access to informative videos on everything from stock tips to smart saving suggestions.

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