OTCPicks.com

Daily Market Movers 08-30-10

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For Monday, August 30th

NUEC, AQUM, IFXY, SMNG
GFGUE, BDGR, NACF, PSTI, XDSL, GSLO

Our Stocks to Watch today include NuEarth Corp. (OTC: NUEC), Aquamer Medical / Aquamer Urban Agricultural Corp. (OTCBB: AQUM), Infrax Systems Inc. (OTCBB: IFXY), Strategic Mining Corp. (OTC: SMNG), Getfugu Inc. (OTCBB: GFGUE), Black Dragon Resource Companies Inc. (OTC: BDGR), National Clean Fuels Inc. (OTC: NACF), Pluristem Therapeutics Inc. (Nasdaq: PSTI), mPhase Technologies Inc. (OTCBB: XDSL) and GoSolarUSA Inc. (OTC: GSLO).

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FEATURED COMPANY

NUEC


NUEARTH CORPORATION (OTC: NUEC)

Detailed Quote: http://www.otcpicks.com/quotes/NUEC.php

Company Profile: http://www.otcpicks.com/NuEarth-Corp.htm

NuEarth Corporation is a major chemical distributor dedicated to bringing to market "Clean Solutions to Complex Problems". NuEarth offers a broad and diverse range of biodegradable, environmentally friendly products and technologies. NuEarth's mission is to provide substitutes for many of the hazardous chemicals commonly used throughout the world today.

NUEC News:

August 24 - NuEarth Signs Joint Venture Continuation Agreement with Laboratorio Internazionale Agricoltura, S/p/A and Signs Two $750,000 Agricultural Modeling Contracts for a Total of $1.5 Million in New Laboratory Contracts

NuEarth Corporation (OTC: NUEC) ("NuEarth"), a manufacturer and marketer of "Clean & Green" products and technology, today announced that the company's Laboratory and Research Division "TerraSolv SA" has renegotiated and finalized its Joint Venture Agreement with Laboratorio Internazionale Agricoltura, S/p/A ("LIA") of Italy.

The Finalizing of the Joint Venture Continuation Agreement brings 2 new laboratory projects to TerraSolv. These projects are valued currently valued at more than $1.5 Million over the three-month work schedule starting in October 2010. However, each contact has provisions that could triple the final contact value to more than $6 Million USD over their 12 month life cycle. "We've seen incredible value from the lab, which has paid for itself several times over in its first year of operations. It represents a new, higher standard for doing business in IT throughout the environmental and agricultural industries. We're taking more risk out of the system, putting more structure into it, suffering less downtime and delivering higher-quality services," said Levi Modelevi - CEO of NuEarth Corporation the parent of TerraSolv SA. The TerraSolv SA Laboratory has generated more than $32 Million over its 3 year existence – Mostly due to the Joint Venture with Laboratorio Internazionale Agricoltura, S/p/A.

The joint venture will continue to utilize the TerraSolv SA state-of-the-art development and testing lab currently being relocated to the United States of America. This data center, which collects data from clients around the world to run projects ranging from usability, capacity, spread and weather modeling and performance testing. The heart of the laboratory is a 225-gigabyte database of environmental and agricultural project records running on six HP servers and two Novell servers storing the data and running the software being tested.

TerraSolve/LIA is a state-of-the-art development and testing lab, which collects data from clients around the world to run projects simulations ranging from usability, capacity, spread and weather modeling testing. The heart of the laboratory is a 160-gigabyte database of environmental and agricultural project records running on six HP servers and two Novell servers storing the data and running the modeling software.


FEATURED COMPANY

AQUM

AQUAMER MEDICAL CORPORATION (OTCBB: AQUM)
(Company will soon be changing its name to Aquamer Urban Agricultural Corporation)

Detailed Quote: http://www.otcpicks.com/quotes/AQUM.php

Company Profile: http://www.otcpicks.com/Aquamer-Urban-Agricultural.htm

To conduct its urban indoor farming business, Urban Agricultural will be utilizing TerraSphere's proprietary system of vertically stacked growing trays that precisely controls light, temperature, water and nutrition to grow fruits and vegetables indoors. These systems are automated, software driven and sensitive to environmental concerns.

Aquamer believes that the market for urban indoor farming is significant. It is estimated that by the year 2050 the world's population will increase by an additional three billion people to well over nine billion inhabitants, with as much as 70 percent of the world's population living in cities or urban areas by 2050, up from 49 percent today. Considering that only about 10 percent of the earth's land is arable, and that more than 80 percent of this agriculturally suitable land is already being exploited, it is projected that there will not be enough horizontal growing space to feed this substantially increasing population. For decades, humans have increasingly sought the economic and physical protection offered by urban centers, but our food production has primarily remained outside these locations where it is subject to the whims of the environment. Urban indoor farming offers the promise of feeding an increasingly hungry world in a highly productive and environmentally friendly manner.

Urban Ag's goal is to promote the sustainable consumption of natural resources through clean technologies, to demonstrate environmentally and socially responsible business practices and to provide good jobs to empower a diverse community-based workforce while at the same time creating shareholder value. Urban Ag's farming activities will offer consumers a healthy, local, sustainable, eco-friendly alternative to large-scale industrial farming, which is highly dependent upon the use of agricultural fertilizers, herbicides and pesticides that may be harmful to consumers and both the agricultural products themselves and also the environment in which they are grown. TerraSphere has provided data showing that its patented vertical farming technology reduces water consumption through a highly efficient closed loop design that requires up to 75 percent less water than conventional field agriculture watering practices. Using these techniques, Urban Ag expects to be able to produce over 50 pounds of product per square foot per year, utilizing a short growing cycle of approximately 42 days versus 50 days for average greenhouse production and as compared to up to 70 days for traditional farming methodologies.

Vertical farming offers a solution for increasing fruit, produce and herb production due to the high density production providing for a much reduced physical footprint and fewer resources relative to field agriculture. Vertical farming systems have the potential for increasing urban food supplies while decreasing the ecological impact of farming including a smaller carbon footprint due to the reduction in fuel required transporting product across the country. Urban Ag's system of pesticide and herbicide free production with closed loop systems that conserves water provides significant potential for the realization of environmentally sustainable urban food production.

AQUM News:

August 17 - Aquamer Medical Corp. Announces Press and Investor Conference, NASDAQ MarketSite, Times Square

Media and Analysts Invited to Attend: CEO to Present Acquisition of Urban Agricultural, Corporate Directions and Exciting Future of Urban Farming Technology

Aquamer Medical Corp. (OTCBB: AQUM) ("Aquamer") announced a Media and Investor Conference. This conference follows on Aquamer Medical Corp.'s recent announcement of their acquisition of Urban Agricultural Corp. ("Urban Ag"), a privately owned company.

When: August 19, 2010, 1:00 PM EDT
Where: NASDAQ MarketSite, 4 Times Square, New York, NY

RSVP required for building security: E-mail This e-mail address is being protected from spambots. You need JavaScript enabled to view it or call (917) 680-6011.

Aquamer intends to refocus its corporate energies and to rapidly expand Urban Ag's business of urban indoor farming, the environmentally friendly and sustainable urban production of healthy agricultural products under highly controlled, indoor conditions using advanced techniques and processes.

Senior executives will be available for interviews before and after the video conference. Please contact Bradley Smith, above, to schedule.


FEATURED COMPANY

IFXY


INFRAX SYSTEMS INCORPORATED (OTC: IFXY)

Detailed Quote: http://www.otcpicks.com/quotes/IFXY.php

Company Profile: http://www.otcpicks.com/Infrax-Systems.htm

Infrax Systems offers a series of interrelated operational management, communications, and grid security related products and services known as Secure Intelligent Energy Platform (SIEP). Our products enable a comprehensive and unified solution for communications and applications management of the Smart Grid. SIEP™ incorporates a wide array of communications, security, device and data management tools for Smart Grid applications such as advanced metering solutions and grid optimization. SIEP platform creates a unified solution to securely manage Advanced Metering Infrastructure (AMI) and distribution automation. Infrax's secure smart grid platform incorporates a communications transport and management system, (Grid Mesh™), device and data security management, and ultimately secures intelligent endpoint devices (SIED). The secure management of the "last mile" backhaul will be necessary for utilities to implement Smart Grid applications including AMI, real-time pricing, Demand Side Management (DSM), Distribution Monitoring and Automation. When combined, these applications can offer economic, operational and environmental benefits for utilities, and ultimately the utility's customers.

IFXY News:

August 26 - Infrax Systems Retains Vivid Infusion for Global Rebranding Campaign

Tampa-Based Firm to Provide Infrax With Integrated Marketing and Contemporary Digital Communications Solutions

Infrax Systems, Inc. (OTCBB: IFXY), a global provider of unified Smart Grid-related products and services for the Energy and Utility industries, today announced the company has retained the services of Tampa, Florida-based Vivid Infusion to rebrand the Infrax global image through integrated marketing campaigns and contemporary digital communications solutions.

"Infrax Systems is pleased to retain Vivid Infusion to rebrand our organization as we target critical Smart Grid security applications throughout the world," states Paul J. Aiello, President & CEO, Infrax Systems, Inc. "We are extremely excited about the future growth opportunities for Infrax Systems and will use our rebranding campaigns to educate global Utility companies, about the power our Smart Grid solutions possess to secure the future!"

Key elements of the Infrax rebranding campaigns include a contemporary, informational and interactive website, hard-hitting strategic public relations, aggressive Utility-industry trade event participation as well as through creative digital communications. System security is a vital component and a critical element to ensuring complete Smart Grid performance. Through the corporate rebranding campaigns, Infrax will provide utility companies and their customers, comprehensive communications and management solutions for global Smart Grid applications.

"Vivid Infusion is honored to be chosen for the global rebranding of Infrax Systems," said Thomas Nagy, President of Vivid Infusion. "Infrax Systems has a very dynamic suite of secure Smart Grid solutions for the Energy and Utility Industry. On behalf of our management team, we look forward to proudly developing the Infrax brand identity to ultimately be recognized as the leader in secure global utility communications."


FEATURED COMPANY

SMNG

STRATEGIC MINING CORPORATION (OTC: SMNG)

Detailed Quote: http://www.otcpicks.com/quotes/SMNG.php

Company Profile: http://www.otcpicks.com/Strategic-Mining.htm

Strategic Mining Corporation is engaged in the exploration and development of gold properties in Vietnam, the US (Nevada/Utah) and Africa. The company intends to expand by acquiring mineral rights to other key properties and by initiating strategic joint ventures.

SMNG News:

August 17 - Strategic Mining Completes Geological Report for Its Nevada/Utah Gold Property

Strategic Mining (OTC: SMNG) announced that it has recently completed a geological report for its East Canyon gold property located in both Nevada and Utah. Due to the presence of both gold and silver, further geological mapping, geochemical and geophysical surveys are required to develop new or refined exploration targets for both gold and silver.

Hassan Alief, the company's geological consultant, reviewed geochemical and field reports from historic and recent exploration to evaluate the property and write a report. Pending further investigation, Strategic Mining has plans for the further acquisition of adjacent properties.

President, Todd Sterck commented: "We are fortunate to have our gold property located in pro-mining states. Our goal is to establish ourselves in this region that has a long and proven track record for successful gold production."

The company has entered into negotiations with interested parties for the initial financing of $5 million required to develop at least one of its properties and begin gold production. These negotiations are in the early stages and SMC will update its shareholders on the progress as it develops.

Strategic Mining Corporation is engaged in the exploration and development of gold properties in Vietnam, the U.S. (Nevada/Utah) and Africa. The company intends to expand by acquiring mineral rights to more key properties and initiating strategic joint ventures.


STOCKS TO WATCH

GETFUGU INCORPORATED (OTCBB: GFGUE)
"Up 192.86% in morning trading"

Detailed Quote: http://www.otcpicks.com/quotes/GFGUE.php

Getfugu, Inc.'s revolutionary "See It, Say It, Get It" technology is the first carrier agnostic, platform agnostic mobile search platform. Getfugu will change the way people access the web with their mobile phones. It is designed to facilitate and encourage users by integrating the mobile phone's core strengths — image, voice and location recognition — into a single customizable application. Additionally, Getfugu offers the only mobile e-commerce platform available worldwide today. The Getfugu platform will soon be available for 97% of the mobile phones available (over 3.3 billion handsets) worldwide.

GFGUE News:

August 27 - Federal Court Throws Out Frivolous RICO Claims Against Getfugu

Getfugu (OTCBB: GFGUE), the next generation mobile search tool, announced that U.S. District Court Judge George H. King has dismissed a civil RICO lawsuit brought against the Company and its officers and directors. The court determined that there was absolutely no valid basis to file a lawsuit accusing the company of being a racketeer influenced corrupt organization, denied leave to amend, and dismissed the claims with prejudice.

"After a detailed and thorough review of all the allegations, the judge has found that plaintiffs' RICO claims never even should have been filed," said the Company's attorney, John C. Kirkland, a partner at Luce, Forward, Hamilton & Scripps LLP. "They were utterly and completely without any legal merit whatsoever."

"This is a new day for Getfugu," said Rich Jenkins, the Company's Co-Founder. "The floodgates have been opened for a host of new business opportunities that have been held up because of these spurious and unfounded claims. We expect now to be able to swiftly activate our business plan, which emphasizes Augmented Reality in commerce, entertainment, sports, and even politics."

"The Federal Court decision today means that the cloud under which we have unjustifiably been forced to operate over the last nine months has been lifted," observed Carl Freer, GFGU's Co-Founder and Chief Executive. "Having this frivolous lawsuit thrown out will allow us to begin rebuilding revenue and re-establishing stakeholder confidence that was wrongfully put on hold. We look forward to rapidly regaining our advanced position in the further development of 'See it, Say it, Get it' technology to connect consumers and manufacturers."


BLACK DRAGON RESOURCE COMPANIES (OTC: BDGR)
"Up 100.00% in morning trading"

Detailed Quote: http://www.otcpicks.com/quotes/BDGR.php

Black Dragon is an oil and gas exploration and production company currently focused on the acquisition of mature, producing and existing domestic oil and gas fields. This focus has eliminated exploration risk, reduced costs of completion, and provided rapid generation of income in a niche market where larger independent and major oil companies are not positioned to compete. Black Dragon intends to recomplete additional shallow producing wells and to expand its focus to include drilling of new wells, some to deeper levels, and to purchase additional leases.

BDGR News:

August 27 - Black Dragon Begins Putting Additional Wells Online

Black Dragon Resource Companies, Inc. (OTC: BDGR) ("the Company", "Dragon") announced it has adopted a new method for putting additional wells online. The company is going to spend three to four days with a cost of only $8,000.00- $10,000.00 per well. This new procedure increases the oil flow rate and extends the longevity of the well.

Thus far the 6 wells that have been turned on that produced 0 bopd are now producing 2-6 bopd. Black Dragon has almost 900 wells in its inventory and hopes to replicate the success of the 6 wells to all 900. The company expects revenues to increase $137,910 a month within 90 days as additional wells continue coming online. Black Dragon's monthly revenue is estimated to grow to $350,000 by December 31 excluding the Humble Project and other possible acquisitions. The company expects to continue to increase monthly revenue substantially as wells continue coming online over the next year.

The company is working with an operator and service company to use 3 rigs to turn on 7 wells a month per rig minimum but will speed up the process as cash flows increase as the result of a successful Humble Project.


NATIONAL CLEAN FUELS INCORPORATED (OTC: NACF)
"Up 39.62% in morning trading"

Detailed Quote: http://www.otcpicks.com/quotes/NACF.php

National Clean Fuels, Inc. (NACF) commercializes cutting edge clean energy technologies. National Clean Fuels, Inc. is an emerging industry player capitalizing on its understanding of clean energy technology and supporting the development of alternative energy plans for corporations and government entities.

NACF News:

August 30 - China National Solar Subsidiary Launches Development of New Solar iPhone App

National Clean Fuels (OTC: NACF) announced that its newly acquired subsidiary, China National Solar, has launched the development of a revolutionary new iPhone application named “SolarGenie.” The SolarGenie app will enable consumers interested in solar energy to determine what electric utilities in their area purchase user generated power and what the net metering rates are for their local area.

The SolarGenie is a door opener for solar consumers because it delivers the critical data they need to make an investment decision as to whether solar is right for them or not. The SolarGenie will also provide geographical efficiency data on what areas of the country are best for solar power. Finally, it will also include a database of solar suppliers, installers and professionals available to help consumers install solar power efficiently.

China National Solar aims to deliver solar solutions worldwide from its base in China. The SolarGenie is an example of a practical, useable solar application that could facilitate growth within the solar industry worldwide.

The iPhone is a portable data device produced by Apple, Inc. (Nasdaq: AAPL). It allows users to download and operate ‘applications’ that empower the portable device to deliver a wide variety of additional services. The iPhone competes with Google, Inc’s (Nasdaq: GOOG) Android system and with Research-in-Motion’s (Nasdaq: RIMM) BlackBerry phones. China National Solar acquires and develops cutting edge solar energy related technology to compete in and industry sector that contains stalwarts such as Trina Solar Ltd. (NYSE: TSL).


PLURISTEM THERAPEUTICS INCORPORATED (NASDAQ: PSTI)
"Up 15.45% in morning trading"

Detailed Quote: http://www.otcpicks.com/quotes/PSTI.php

Pluristem is a clinical stage biotechnology company with proprietary technology for the development and manufacturing of standardized cell therapies derived from the human placenta. Pluristem’s patented and scalable PLX (PLacental eXpanded) cell product candidates are developed as readily available for the treatment of critical limb ischemia (CLI) and other diseases.

PSTI News:

August 30 - Pluristem's Placenta Derived Cells Chosen by European Commission's Seventh Framework Program (FP7) Study for Treatment of Diastolic Heart Failure (DHF) in Type 2 Diabetic Patients

Pluristem Therapeutics Inc. (Nasdaq: PSTI) (DAX: PJT) announced that its PLX cell therapy product, derived from human placenta, a non-controversial, non-embryonic, adult stem cell source, was selected as the only cell therapy product candidate to enter into a study seeking treatments for diastolic heart failure (DHF) in the European Commission’s Seventh Framework Program (FP7). Pluristem is to receive a grant from the FP7 to cover study related R&D expenses.

The study will test the effects of PLX (PLacental eXpanded) cells on various heart cell types under high glucose conditions. Uncontrolled high glucose levels in type 2 diabetes patients can lead to oxidative stress in the heart. This condition can cause local inflammation which can result in fibrosis of the heart muscle and the development of diastolic heart failure (DHF). The properties of Pluristem’s PLX cells may prevent or delay the development of this extremely common but devastating disease.

"There has been a growing interest in the potential of PLX cells to treat a variety of clinical indications following the release of the PLX-PAD clinical study interim results, which demonstrated safety and shows a trend of efficacy. The decision to use our PLX cells in this DHF study is further verification of the uniqueness of Pluristem’s PLX cells as an off-the-shelf product that requires no tissue matching prior to administration," said Zami Aberman, chairman and CEO of Pluristem. “There is a significant unmet medical need for the treatment of DHF, not only in Europe but also globally, and Pluristem’s placenta-derived cell therapy may provide patients and physicians with an effective and safe treatment option for this disease.”

Approximately 15 million people worldwide suffer from DHF with the prevalence increasing as the population ages. Heart failure has now become the leading cause of hospitalization among patients over the age of 65 and it has been estimated that the cost of treating the disease in 2010 will exceed $39 Billion in the U.S. alone.

The Study consortium consists of 19 partners from 12 countries. Its objective is to investigate how metabolic derangements contribute to DHF, how diagnostic algorithms for DHF can be improved by assessing metabolic risk and how the correction of metabolic risk or of metabolic risk-induced cardiac abnormalities can open new therapeutic perspectives for DHF.


MPHASE TECHNOLOGIES INCORPORATED (OTCBB: XDSL)
"Up 10.19% in morning trading"

Detailed Quote: http://www.otcpicks.com/quotes/XDSL.php

mPhase Technologies, Inc. is focused on developing and commercializing a new battery technology featuring Power On Command™ which provides a unique way to store energy and manage power that will revolutionize the battery industry. mPhase, through its 100% owned consumer products division mPower Technologies, is marketing its first Power On Command product, the mPower Emergency Illuminator.

XDSL News:

August 27 - mPhase Technologies Inc. Notes That General Electric Is Also Exploring Hydrophobic Nano-Engineered Surfaces

mPhase Technologies, Inc. (OTCBB: XDSL) announced that it has noted, with enthusiasm, the recent announcement by General Electric that as part of its push into high-tech products that it will explore hydrophobic nano-engineered surfaces to improve the performance of other industrial products. Such surfaces can repel a wide range of liquids but be made to temporarily lose their liquid repelling properties using a technique known as "electrowetting." The research will be conducted in the Nanocoatings Subscale Lab at General Electric's Research Center in Niskayuna, New York.

General Electric joins a number of companies in its research and development of hydrophobic surface spaces including mPhase Technologies, Inc. mPhase has recently received a United States patent for the concept of a porous membrane made from silicon that is capable of controlling the flow of a wide range of liquids, including electrolytes, used in both primary and rechargeable batteries. The concepts behind the porous membrane are being used in the development of the Smart NanoBattery to create a new type of reserve battery that has a very long shelf life and can be activated or triggered on command based upon an external event.

mPhase CEO Ron Durando said, "Smaller companies like mPhase do a lot of the initial development of various technologies, and when these new technologies reach the cusp of commercialization, companies such as GE step into the market to leverage their deep pockets and research capacities — following the trail mPhase and others have blazed. We believe that GE's interest in hydrophobic nano-engineering surfaces is another great validation of our research and adds value to our portfolio of intellectual property."


GO SOLAR USA INCORPORATED (OTC: GSLO)
"Up 21.05% in morning trading"

Detailed Quote: http://www.otcpicks.com/quotes/GSLO.php

GoSolarUSA identifies and develops new solar energy technologies in the United Sates. Our motto is “Invent it here, Build it here and Sell it to the World!” While green technologies like wind and solar manufacture their products in China and Europe and import them to the U.S., we are focused on developing and manufacturing our products in the United States. We believe this not only creates high-quality jobs in America, but it insures the quality and availability of our products.

GSLO News:

August 27 - GoSolarUSA Funds the Development of PREEcharge for iPAD and Kindle

Agreement Entitles GSLO to Future PREEcharge Income From the iPAD and Kindle Applications

GoSolarUSA (OTC: GSLO) announced that management has inked another groundbreaking deal with PREE Corp to configure its proprietary PREEcharge technology for use with the iPAD and Kindle. On Monday, GSLO President Tyson Rohde met with the PREE team to discuss the patent application, development and future capital needs for the commercialization of PREEcharge technology. By Friday they had reached another deal.

“I was blown away by the potential of this new technology,” stated Tyson Rohde, President of GoSolarUSA. “The engineers and business development team at PREE are doing something profound, and I think people will understand its value fast.”

The PREEcharge technology captures electrons from LAN and Bluetooth waves and converts it into power to recharge batteries for wireless devices. The technology also incorporates a small solar panel to augment the charge with solar energy. To date, the entire product development has been focused on configuration for use with smaller wireless devices such as Apple’s (Nasdaq: AAPL), iPhone, Google’s (Nasdaq: GOOG) Android, and Research in Motion’s (Nasdaq: RIMM) BlackBerry. Now with the funding from GoSolarUSA, PREE will be able to accelerate the development of the PREEcharge for use with wireless PC tablets.

“Why are the iPAD, Kindle and other PC tablets ideal for the PREEcharge?” asked Mr. Rohde. “The answer is simple,” he continued. “The surface area of an iPhone is 10.39 square inches, and the surface area of an iPAD is 71.41 square inches. More surface area means bigger circuit boards, more antennas for receiving wireless signals, and ultimately a lot more power. In fact, if this proportion holds, the PREEcharge could have the potential to generate seven times more power for the iPAD than it makes for the iPhone,” he concluded.

According to Apple, users can run the iPAD for up to 10 hours while surfing the web on Wi-Fi, watching videos, or listening to music. With the PREEcharge technology, it is expected that battery life can be substantially increased to meet the high power needs of today’s tablet PC users.

The wireless tablet PC market is expected to grow at alarming rates in the coming years. While 305.8 million units shipped worldwide in 2009, Gartner forecasts 2010 shipments to reach 366.1 million units, with spending reaching $245 billion — an increase of 12.1 percent over 2009 spending.

Further, the tablet PC space, rejuvenated by the Jan. 27 introduction of the Apple iPad, is being reconsidered by many, according to Gartner, and 2010 could see shipments of up to 10.5 million “tablets and next-generation tablet devices” worldwide. Technology researcher, Gartner, delivers technology research to global technology business leaders to make informed decisions on key initiatives.


 

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