For Thursday, January
3rd
MNDP, QMCI,
RHGP, BSGC, EBFD
SNRS, OPBP, BDGR, MCEL, PYTO, CGSY, SLND, DORB, WLSA
Our Stocks to Watch today include
Mindpix Corporation (OTC: MNDP), QuoteMedia, Inc. (OTCBB: QMCI),
Renhuang Pharmaceuticals, Inc. (OTCBB: RHGP), BigString Corporation
(OTCBB: BSGC), eBenefits Direct, Inc. (OTC: EBFD), Sunrise Consulting
Group, Inc. (OTC: SNRS), Oregon Pacific Bancorp (OTCBB: OPBP),
Black Dragon Resource Companies, Inc. (OTC: BDGR), Millennium
Cell Inc. (NASD: MCEL), PhytoMedical Technologies, Inc. (OTCBB:
PYTO), Capital Growth Systems, Inc. (OTCBB: CGSY), Solar Night
Industries (OTC: SLND), DOR BioPharma, Inc.(OTCBB: DORB) and Wireless
Age Communications, Inc. (OTCBB: WLSA).

FEATURED COMPANY

MINDPIX CORPORATION (OTC:
MNDP)
Detailed
Quote: http://www.otcpicks.com/quotes/MNDP.php
Company
Profile: http://www.otcpicks.com/mindpix/mindpix.htm
Mindpix is positioned as a powerful and positive media
group of companies. Ultraflex Fitness, UltraFlex Medical, Mindpix Production,
and Mindpix Development are all actively engaged in “for profit”
productions or projects.
UltraFlex Fitness: Developing and marketing the patent
pending UltraFelx Fitness Rod. UltraFlex Fitness promotes a new style
of resistance training called Target Perfect Resistance.
UltraFlex Medical: UltraFlex Medical is poised to make
significant inroads to the $11 Billion US outpatient rehabilitation market.
Ultraflex medical is already working with rehab industry professionals
to create unique and proprietary physical therapy curriculum.
Mindpix Production: Mindpix continues to produce, direct,
and provide post-production services for promising documentaries and other
niche profitable projects.
MNDP News:
December
31 - Mindpix Management
2007 Year-End Letter to Shareholders
Management of Mindpix (OTCBB: MNDP) has determined it
necessary to give a 2007 year-end update on the progress of the UltraFlex
fitness device as well as make our shareholders aware of recent material
decisions regarding previously announced press releases.
Looking back at the
year in review Mindpix has reached many important UltraFlex milestones
including completing a successful twelve-week UltraFlex fitness and
weight loss study, producing workout DVDs, production of a "man
on the street" featuring first-time users, signed the 2007 Female
Presenter of the Year Forbes Riley, introducing TheraFlex to the Physical
Therapy and Training to Physiotherapy Associates, acquiring testimonials
from fitness instructors and personal trainers, a physical therapy training
DVD, signing a major celebrity, introducing new physical therapy and
active senior products (TheraFlex) to name a few. It has been quite
a year and the outlook for 2008 looks equally promising.
Mindpix has decided for strategic reasons not
to air UltraFlex commercials in conjunction with Supplements To Go Ms.
Fitness World Pageant. Mindpix had previously announced (Nov 19th 2007)
that it intended to air two sixty-second commercials during the pageant
broadcast on Fox Sport News beginning January 1, 2008. It was determined
that airing the commercials prior to our infomercial national launch
would not make good marketing sense particularly due to the fact that
our celebrity talent would not be featured in the commercials. Mindpix
holds the option to air commercials beginning in May 2008 during the
Supplements To Go Ms. Fitness USA Pageant.
Mindpix management also has cancelled the exhibition
at the annual Baseball Team Medicine Conference in St. Louis on January
3-5, 2008. A scheduling conflict made it impossible for our medical
division team to attend.
Management believes that the marketing strategy
in place is sound and looks forward to executing the business plan with
profitable results for 2008. Mindpix has benefited from loyal shareholders
who have taken the time to review our progress and communicated with
us ways in which they can assist us in reaching our business goals.
Mindpix wishes each of you a happy and prosperous
new year.
David R. Ballif, CEO
Mindpix Corporation
FEATURED COMPANY

QUOTEMEDIA
INC. (OTCBB: QMCI)
Detailed Quote:
http://www.otcpicks.com/quotes/QMCI.php
Company Profile:
http://www.otcpicks.com/quotemedia/quotemedia.htm
QuoteMedia, Inc. is a leading software
developer and provider of real-time streaming financial market information,
decision-support, news and research solutions to brokerage, financial
services companies, business and media corporations. Among its many leading-edge
products lines, the Company offers data feeds, news, dynamic market content
solutions, interactive stock research tools, financial applications and
real-time wireless applications. QuoteMedia provides data and services
for companies such as the NASDAQ, the OTCBB, Dow Jones & Company,
Forbes.com, Scotia Capital, Business Wire, Southwest Securities, Regal
Securities, FBR Direct, Broadridge Financial Solutions, Inc., AIM Trimark,
Zacks Investment Research, ChoiceTrade, QTrade, Schaeffer's Investment
Research, Automated Financial Systems, WallStreet*E, and others. For more
information, visit www.quotemedia.com.
QMCI News:
December
5 - QuoteMedia
Brings Respected Market Data Industry Veteran Onboard; Opens NYC Office
QuoteMedia, Inc. (OTCBB: QMCI), a leading provider of
market data, corporate research information and financial applications,
announced today the appointment of Mr. George Katsch as Corporate Sales
Director, to lead the company’s new office in New York City.
Mr. Katsch brings more than 15 years of experience in
selling and supporting financial information and technology solutions
to the Brokerage, Financial Service, Media Publishing and Investor Relations
industries. Most recently, Mr. Katsch served as Vice President of Sales
for FinancialContent, Inc., where he was responsible for business development
and sales for the entire North American market. Mr. Katsch has also held
key management positions with Standard and Poor’s and Interactive
Data Corporation (Comstock), where he managed senior account representatives
and support staff. He was principally responsible for maintaining over
$50 million in revenues and generating new sales.
“George is very well-known as a successful, skilled
professional in our industry, and we’re excited that he is joining
the QuoteMedia sales team, heading up our New York office,” said
Dave Shworan, CEO of QuoteMedia Ltd. “He brings a wealth of experience
to our company, and skill sets that make him an immediately great fit
with QuoteMedia, as we continue our explosive growth.”
“From within the industry, I’ve watched
QuoteMedia’s remarkable growth over the past few years. I have been
very impressed with QuoteMedia’s emergence as a major player in
the financial data industry, and the potential for further growth is extraordinary,”
said Mr. Katsch. “QuoteMedia is definitely going places, and I’m
excited to be a part of it.”
FEATURED COMPANY

RENHUANG PHARMACEUTICALS
(OTCBB: RHGP)
Detailed
Quote: http://www.otcpicks.com/quotes/RHGP.php
Company Profile:
http://www.otcpicks.com/renhuang-pharma/renhuang-pharma.htm
Renhuang Pharmaceuticals, located in Harbin
of Heilongjiang Province in Northeast China, is a leading integrated developer,
manufacturer and distributor of a broad line of high-quality nutraceutical,
natural medicinal and bio-pharmaceutical products. The Company provides
three major product lines including the Acanthopanax-based natural medicinal
products, Shark Power Health Care series and Traditional Chinese Medicines.
Renhuang's key product line is Acanthopanax-based products, an effective
natural medicine in treating depression and melancholy and offering various
other health benefits. By controlling an estimated 70% of China's natural
resource of Acanthopanax (also known as Siberian Ginseng), the Company
has a dominant market position in Acanthopanax-based natural medicines.
The Company distributes its products through a multi-layer sales network
of over 2000 sales agents. Its products are not only sold nationwide but
also exported to Russia and Southeast Asia. Renhuang has established a
multi-channel research and development infrastructure composed of in-house
researchers, a post-doctoral working center, and collaboration with well
known institutions and scientists. In manufacturing, the Company strictly
follows the international GMP certified quality standards and system by
utilizing cutting-edge technologies, the state of the art equipment, and
the proprietary innovative and award winning processes. For more information
about Renhuang Pharmaceuticals, visit www.renhuang.com.
RHGP News:
December
17 -
StockGuru Announces a New Executive Interview With Mr. Li Shaoming of
Renhuang Pharmaceuticals
John Pentony, Publisher of Stockguru.com announced that
the company has posted a new podcast interview featuring Renhuang Pharmaceuticals,
Inc. (OTCBB: RHGP). Pentony interviews Mr. Li Shaoming, CEO and Chairman
of the Board, for Renhuang Pharmaceuticals. In the interview Mr. Li discusses
the company and its recent news from the company including its recently
announced Olympic year prime time television ad space on China Central
Television (also known as "CCTV").
To listen to the interview, visit www.stockguru.com/podcasts/?p=21.
FEATURED COMPANY

BIGSTRING
CORPORATION (OTCBB: BSGC)
Detailed
Quote: http://www.otcpicks.com/quotes/BSGC.php
Company
Profile: http://www.otcpicks.com/bigstring/bigstring.htm
BigString Corporation, through its subsidiary,
BigString Interactive, Inc., provides email services. It offers BigString,
which is a Web-based, POP3 server email service solution that allows the
user to edit, recall, cancel, and erase the email, as well as insert or
delete attachments, even after the email has been sent out and opened.
The company also provides BigString Beta 2.0 that offers erasable, recallable,
and self destroying applications, non-printable and non-forwardable emails,
set time or number of views, and masquerading to protect the sender's
privacy and security. BigString Beta 2.0 also provides spam filters, virus
protection, and large-storage web-based email accounts. The company's
products include BigString Free, which provides the features of BigString
Beta 2.0, and includes 1GB of storage and permits the user to send unlimited
emails per month; BigString Premium, which offers the features of the
BigString Free account, plus vanity domains, POP3 access using any email
client, 2GB of storage, and 30 minute video email; and BigString Business
that offers the features of the BigString Premium account, plus 10 email
accounts, 20GB of storage, global filter notification, and email management.
BigString Corporation also offers BigString Marketer Pro, which provides
an enterprise marketing software application which allows for the sending
of interactive video email commercials that can be programmed to self-destruct
at a set time; and BigString Marketer SMB, a hosted video email marketing
platform for small and medium size businesses. The company was founded
in 2003. It was formerly known as Recall Mail Corporation and changed
its name to BigString Corporation in 2005. Bigstring Corporation is based
in Red Bank, New Jersey.
BSGC News:
December
18 - BigString
Corporation Launches Facebook Application Enabling Users to Send Self-Destructing
Videos
BigString Corporation (OTCBB: BSGC) has launched an
application for Facebook that enables users to record or upload videos
that can be programmed to self-destruct at a specific time or after a
set number of views. This is part of a new BigString initiative to develop
social networking messaging applications built around the company's core
technology.
The video application will allow users to send private
self-destructing video messages or to post public video messages to the
recipient’s wall. Users can record a video message directly to the
application or upload a pre-existing message.
Darin Myman, President and CEO of BigString Corporation,
noted that "Video message privacy and security is very important
in a world where you can very easily find your personal videos being put
up without your permission on sites such as YouTube. Social networks such
as Facebook interface well with BigString’s proprietary messaging
technology. We provide added value to websites focused on social networking,
online dating or user-generated content where protecting a user’s
privacy is a major consideration."
FEATURED COMPANY

EBENEFITSDIRECT (OTC:
EBFD)
Detailed
Quote: http://www.otcpicks.com/quotes/EBFD.php
Company
Profile:
http://www.otcpicks.com/ebenefits-direct/ebenefits-direct.htm
eBenefits Direct, Inc. is a nationwide
leader in the direct marketing and distribution of a wide range of health
and life insurance products to individuals, families and groups. By utilization
of its many call centers across the country it enables an individual to
efficiently purchase health and life insurance as well as medical and
discount service programs. The company has revolutionized the way health
and life insurance has historically been sold. eBenefits Direct, Inc.'s
approach is through many mass distribution areas such call centers, the
internet and massive lead generation programs.
EBFD News:
December
14 - eBenefits
Direct Subsidiary, L.A. Marketing Plans, Launches Call Center in Portland,
Maine, to Market Healthcare Programs to Uninsured Individuals Across the
U.S.
L.A. Marketing Plans LLC, a wholly owned subsidiary
of eBenefits Direct, Inc. (OTC: EBFD), announced recently that its exclusive
RightHealth program has expanded its operation with a new call center
facility located in Portland, Maine. This addition will allow RightHealth
to reach a significant market of uninsured consumers.
“We are very pleased to be able to offer the RightHealth
portfolio of products for distribution through this call center. RightHealth,
a medical discount program, provides a helpful solution to individuals
that do not qualify for or cannot afford major medical insurance. Through
the association membership, individuals are provided access to medical
discounts and additional defined insured benefits. The launch of this
new facility will help expand and promote the RightHealth programs,”
said Rob Michaelson, President of L.A. Marketing Plans LLC.
RightHealth provides members a combination of discounts
on healthcare costs, including physicians, dental and vision, and access
to a variety of other valuable healthcare features, such as defined accident
insurance coverage, including accident disability income and an emergency
rescue plan, through membership in America's Health Care Consumer Association.
The RightHealth programs are available through Access
Plans USA, Inc. (www.accessplansusa.com),
a publicly traded company. Access Plans is a nationwide distributor of
health insurance and non-insurance healthcare programs that provide access
to affordable healthcare for the growing number of uninsured and/or underinsured
in the United States. For more information on the RightHealth programs,
visit www.righthealthplan.com.
STOCKS TO
WATCH
SUNRISE
CONSULTING (OTC: SNRS)
"Up 233.33% in morning trading"
Detailed
Quote: http://www.otcpicks.com/quotes/SNRS.php
Sunrise Consulting Group, Inc. CEO Raymond
Chin, has been based in Hong Kong for the last 10 years and has established
relationships with Chinese Companies that would like to go public and
be listed on US exchanges such as (OTC.PK, OTC.BB, NASDAQ, AMEX, &
NYSE). These companies are mostly from mainland China and Hong Kong, with
contacts also in Laos, Vietnam, Malaysia, Australia and others in the
Pacific Rim & Southeast Asia. The company's goal is to become the
premier Investment Banking Firm servicing small to medium sized companies
in China and throughout Asia. Management has had success with consulting
with public companies in the United States as well.
SNRS News:
January
3 - Sunrise Consulting
Group, Inc. Signs Letter of Intent With Cao Tian Iron Ore Mines, Hunan
Province, China
Sunrise Consulting Group, Inc. (OTC: SNRS), signed a
Letter of Intent with Cao Tian Iron Ore Mines, ZhuZhou City, Hunan Province,
PRC "CHINA" for the concession rights to mine this particular
area of that region for at least 30 years. The letter sets forth the basic
terms and conditions under which both parties have agreed to.
Sunrise Consulting Group, Inc. will issue 1 million
shares of preferred stock to own 100% of the mining rights when signing
the final agreement. These shares will have guaranteed buyback options
within 24 months at $1.00 USD per share. Total buyback will be $1,000,000
USD.
This particular parcel of land stretches to an
astounding 3 square miles and the mountain has an estimated 3 million
tons of Iron Ore that can be mined over the next 30 years. The company
plans to rapidly move forward in accordance with terms and conditions
set forth in the proposed agreement (LOI).
OREGON
PACIFIC BANCORP (OTCBB: OPBP)
"Up 29.83% in morning trading"
Detailed
Quote: http://www.otcpicks.com/quotes/OPBP.php
Oregon Pacific Bancorp operates as the
holding company for Oregon Pacific Banking Co., which provides various
banking products and services to commercial enterprises, governmental
entities, and individuals in Lane, Douglas, and Coos counties, as well
as on the central Oregon coast. The company offers various consumer deposit
products, including noninterest bearing checking accounts, interest bearing
checking and savings accounts, money market accounts, and certificates
of deposit. It provides consumer loans, such as secured and unsecured
personal loans, home equity loans, personal lines of credit, and motor
vehicle loans; real estate construction loans; residential mortgage loans;
and commercial loans. Further, the company offers trust and asset management
services, investment services, brokerage services, online banking services,
banking on call, automated teller machines, debit cards, safe deposit
boxes, letters of credit, travelers' checks, direct deposit of payroll,
social security, dividend payments, and automatic payment of insurance
premiums and mortgage loans. As of December 31, 2006, Oregon Pacific Bancorp
operated through its main office and a full-service Safeway store branch
in Florence, as well as two branches in Roseburg and Coos Bay, Oregon.
The company was founded in 1979 and is headquartered in Florence, Oregon.
OPBP News:
January
2 - Oregon Pacific
Bancorp Announces Reverse Stock Split and Plan to De-register
Oregon Pacific Bancorp (OTCBB: OPBP) (the "Company")
announced that its Board of Directors has approved a plan to de-register
the Company's common stock under the Securities Exchange Act of 1934,
as amended, and, therefore, terminate its obligations to file reports
with the Securities and Exchange Commission. This transaction would be
accomplished through a reverse stock split of common shares of 1 for 500.
All stockholders with less than one share after the reverse-split will
have their partial shares cashed out at a price of $13.00 per pre-split
share. Following the buyback of the partial shares, stock will split at
500 for 1. Shares of common stock held by shareholders owning more than
500 shares before the reverse split will remain outstanding and will be
unaffected by the two transactions. The date for determining which shareholders
shall be cashed out is January 4, 2008.
If, after completion of the transaction, Oregon Pacific
Bancorp has fewer than 300 stockholders of record, the Company intends
to terminate the registration of its common stock under the Securities
and Exchange Act of 1934, as amended, and become a non-reporting company.
If that occurs, the Company will no longer file periodic reports with
the Securities and Exchange Commission ("SEC"), including annual
reports on Form 10-K and quarterly reports on Form 10-Q, and will no longer
be subject to the SEC's proxy rules.
The Board of Directors received a fairness opinion from
an independent appraisal firm, Southard Financial, that the price of $13.00
per share cash out price to be paid to shareholders owning less than 500
shares is fair, from a financial point of view, to Company stockholders.
The proposed transaction is subject to approval by the holders of a majority
of the issued and outstanding shares of the Company's common stock. Stockholders
will be asked to approve the transaction at a special meeting of stockholders,
currently expected to be held in March 2008.
The proposed plan should result in a direct cost savings
to Oregon Pacific in the near term from the elimination of SEC reporting
requirements. Also, this plan will allow Oregon Pacific to avoid the substantial
additional costs associated with the compliance and auditing requirements
of the Sarbanes-Oxley Act of 2002, Section 404 ("SOX 404").
"We anticipate that the reduced burden on management will allow our
officers the opportunity to be more responsive to the needs of their clients
and the communities they serve," stated CEO James P. Clark. "By
remaining a progressive, independent, community bank we can best serve
our employees, stockholders and customers."
The Company has filed a preliminary proxy statement
and Schedule 13E-3 with the SEC outlining the transaction. All stockholders
are advised to read the definitive proxy statement and Schedule 13E-3
carefully when these documents are available. Stockholders may obtain
a free copy of the proxy statement and Schedule 13E-3 at the SEC's web
site at www.sec.gov. Oregon Pacific Bancorp
will also mail a copy of the definitive proxy statement prior to the special
meeting to its stockholders entitled to vote at the special meeting.
For more information about the above transaction,
contact Joanne Forsberg, Secretary, at (541) 997-7121.
BLACK
DRAGON RESOURCE COMPANIES (OTC: BDGR)
"Up 95.24% in morning trading"
Detailed
Quote: http://www.otcpicks.com/quotes/BDGR.php
Black Dragon Resource Companies, Inc. engages
in the acquisition, development, production, and sale of oil and gas,
and natural gas properties in the United States. It produces oil and natural
gas from marginal stripper wells, whose production has slowed to 1/2 barrels
of crude oil per day or less. The company was incorporated in 1996 as
Vita Health, Inc. and changed its name to Vita Warehouse Company, Inc.
in 1999. Further, it changed its name to Texas Diversified Distributors,
Inc. in 2001; to Black Dragon Resource, Inc. in February 2004; and to
Black Dragon Resource Companies, Inc. in December 2004. Black Dragon Resource
Companies, Inc. is headquartered in Oil City, Louisiana.
BDGR News:
January
3 - Black Dragon
Announces Significant Further Progress on the Joint Venture Funding Negotiations
On January 2, 2008, Mr. Joe Lanza, President of Black
Dragon Resource Companies, Inc. (OTC: BDGR) announced that negotiations
with a Joint Venture Funding Partner, as previously announced last week,
were close to being completed.
Mr. Lanza reiterated that the Funding Joint Partner
has agreed to provide the Joint Venture with a significant investment
of at least $100,000,000. He added that the Joint Venture Partner had
just confirmed to its satisfaction that the Company's oil and gas reserves
have a value of at least $2.7 billion dollars and that it was prepared
to move forward with the transaction, subject to finalization of its audit,
which should be completed within a week.
Mr. Lanza also reported that the Joint Venture Partner
and the Company had agreed in principle to all terms of the Joint Venture
Agreement, the completion of which is now subject only to Counsel's review.
Further, and perhaps most significant, Mr. Lanza reported
that he had met with the proposed new management team who, according to
Mr. Lanza, has the extensive experience in both oil and gas technology
and in production management to ensure the success of the Joint Venture
and the full and proper development of Black Dragon's extensive resources.
Mr. Lanza concluded by stating that he was most impressed
with the proposed management team and upon the Funding of the Joint Venture
and the finalization of all details of the Joint Venture that he believed
his goal for the Company would have been realized and that he would promptly
resign. All Black Dragon shareholders, he concluded, will be greatly benefited
by the new Joint Venture structure, and with the expansion of Black Dragon
operations, which could only increase shareholder value.
Management believes that all details of the Joint
Venture will be finalized prior to the Annual Meeting on January 16, 2008,
so that the matter could be considered by the Stockholders at that time.
MILLENNIUM
CELL INCORPORATED (NASD: MCEL)
"Up 30.11% in morning trading"
Detailed
Quote: http://www.otcpicks.com/quotes/MCEL.php
Millennium Cell, Inc. develops hydrogen
batteries for use primarily in portable electronic devices for the military,
medical, industrial, and consumer markets. The hydrogen batteries comprise
a fuel cell and hydrogen fuel cartridge technology. The fuel blends used
in the hydrogen battery technology are comprised of a combination of water,
sodium borohydride, and other chemicals. The hydrogen produced by its
hydrogen fuel cartridge technology is converted into electricity by a
fuel cell. The company develops the technology in partnership with corporate
and government entities. It also licenses its fuel cartridge technology
to fuel cell manufacturers, original equipment manufacturers, and other
product-focused entities. The company has a strategic relationship with
The Dow Chemical Company to collaborate on the design, development, and
commercialization of proton exchange membrane fuel cell power systems
and compatible Hydrogen on Demand fuel cartridges for use in portable
electronic devices; and with Horizon Fuel Cell Technologies Pte, Ltd.
focused on the commercialization of fuel cell based power products. Millennium
Cell was founded in 1998 and is based in Eatontown, New Jersey.
MCEL News:
January 3 -
Millennium Cell and Horizon Fuel Cell Provide Detailed Plans for HydroPak(TM)
Portable Power Product
Latest Version to be Shown at CES and Tactical
Power Source Conferences in January 2008
Major OEMs, Retailers and Distributors to
Receive Samples in February
UL Certification Process Initiated, Customer
Shipments Targeted for Q3
Millennium Cell Inc. (NASD: MCEL) and Horizon Fuel Cell
Technologies announced the completion of a pre-production version of the
HydroPak™ portable power generator that incorporates a unique water-activated
cartridge system. The HydroPak™ product combines Horizon’s
fuel cells with Millennium Cell’s Hydrogen on Demand® storage
technology to offer a clean and quiet power generator for use by consumers
and professionals for emergency and recreational purposes.
This power source is a high energy alternative to lead
acid battery packs and portable generators. The HydroPak™ system,
together with each cartridge:
- Provides infinite shelf life and enough energy to
recharge an average notebook computer 8 to 10 times.
- Can run indoors with quiet operation and zero harmful
emissions.
- Is quieter, lighter and smaller than generators.
- Stores more energy than possible with batteries.
- Has a lower cost than any similar fuel cell device.
The HydroPak™ will debut at the Consumer Electronics
Show (CES) at the Las Vegas Convention Center in South 1, Booth #21850H
from Jan. 7-10. The system will also be shown to the U.S. military at
the Tactical Power Sources Summit 2008 at the Georgetown University Conference
Center in Washington, D.C. on Jan. 29-30. These conferences are the first
venues where potential users and distributors can see HydroPak™
emergency power products publicly in the United States.
The HydroPak™ is designed with a common AC outlet
and two USB connectors to charge or operate low power devices such as
portable lights, notebook computers, portable televisions and ad hoc communications
networks for more than 14 continuous hours when needed. The planned retail
pricing of $400 for the system and $20 for the disposable cartridges will
make this solution attractive to both professionals responding to emergencies,
as well as consumers desiring power for both backup and recreational needs.
Beginning in February 2008, Horizon and Millennium Cell
plan to demonstrate and sample limited numbers of the current pre-production
unit to OEM’s, distributors, and key military decision makers. The
current design of the unit is in the process of evaluation by Underwriters
Laboratories (UL) and it is expected that listing will be received by
mid 2008 on this product. Subsequently, several thousand units will be
manufactured by Horizon for sale in the second half of 2008. Millennium
Cell will have sole responsibility for all sales of the HydroPak™
power generation system in the United States.
Additional products have been identified for development
and are expected to be shipped to commercial and government customers
for evaluation in 2008 and 2009. A HydroPak Mini™ product prototype
for use in consumer devices such as cell phones, PDA’s and portable
media players will also be demonstrated for the first time at the conferences
in January. The objective of showing this unit is to gauge interest for
a less expensive, smaller power source with unlimited shelf life and silent
power for smaller portable communications and electronics devices.
“We are excited about the prospects for the HydroPak™
line of products, beginning with the commercialization of the first water-activated
portable power system in 2008 and followed shortly by others in 2009.
We believe that these fuel cell power products possess a potent combination
of convenience, performance and economics that are unique in the marketplace
and will fill a void that exists today,” commented George Gu, CEO
of Horizon Fuel Cell Technologies.
In October, the two companies signed a Letter of Intent
(LOI) to collaboratively develop, market, and sell certain portable fuel
cell power products. The partnership is aimed at launching a number of
commercial and consumer products that combine Horizon’s commercial
grade fuel cells with hydrogen cartridges developed by Millennium Cell.
Definitive documentation that amends the August 2007 license agreement
between Horizon and Millennium Cell to reflect the terms of the LOI is
expected to be completed in the first quarter of 2008.
“Millennium Cell considers the HydroPak™
product line as a cornerstone in our product strategy and we are dedicating
significant resources to support product introduction into the marketplace
beginning in 2008. The initial reaction from OEM’s and potential
distributors for this product has been very positive and we plan to generate
our first commercial revenues through aggressively marketing and selling
this innovative family of products,” commented Adam Briggs, President
of Millennium Cell.
PHYTOMEDICAL
TECHNOLOGIES (OTCBB: PYTO)
"Up 24.14% in morning trading"
Detailed
Quote: http://www.otcpicks.com/quotes/PYTO.php
PhytoMedical Technologies, Inc., together
with its wholly owned subsidiaries, operates as an early stage research-based
biopharmaceutical company. It focuses on the identification, acquisition,
development, and commercialization of plant-derived pharmaceutical and
nutraceutical compounds targeting cachexia, obesity, and diabetes. The
company develops BDC-03, a plant derived compound that has capacity to
decrease the deposition of fat and lower cholesterol. Additionally, through
a cooperative research and development agreement, PhytoMedical engages
in synthesizing the active components of various polyphenolic compounds
found in cinnamon bark and characterizing their beneficial health effects
in cell cultures systems, animals, and humans. The company, formerly known
as Enterprise Technologies, Inc., was founded in 1986 and changed its
name to PhytoMedical Technologies, Inc. in 2004. PhytoMedical Technologies
is headquartered in Princeton, New Jersey.
PYTO News:
January 3 -
PhytoMedical's Anti-Cancer Compound Effective at Killing Brain Cancer
Cells
Novel Class of Patented Anti-Cancer Compounds
Demonstrates Significant Ability to Kill Human Glioblastoma (Brain) Cancer
Cells, an Extremely Resistant and Often Fatal Strain of Cancer
PhytoMedical Technologies, Inc. (OTCBB: PYTO) (FWB:
ET6), announced that research outcomes from ongoing in vitro studies of
the Company’s sponsored anti-cancer compounds have successfully
demonstrated the ability to kill a strain of human brain cancer cells
which is otherwise highly-resistant to currently available drugs.
Led by Dartmouth College researcher Dr. Gordon Gribble,
researchers have determined that, one of several patented “bis-intercalator”
anti-cancer compounds being developed by PhytoMedical has achieved a 50%
or greater cancer cell kill rate at a minimum concentration in studies
of the SF-295 strain of human glioblastoma (brain) cancer cells —
a significant outcome, given these brain cancer cells’ drug-resistant
nature.
“The outstanding results of this human cancer
cell study is an extremely important step towards finding a potential
solution for treating glioblastoma, an often fatal form of cancer,”
commented Greg Wujek, President, CEO of PhytoMedical Technologies, Inc.
“The demonstrated cytotoxic effects of this unique patented compound
on such a resistant strain of cancer has given us the confidence to move
forward in our research and improve upon the concept of bis-intercalation
and the promise it holds for the control of cancer.”
In important in vitro experiments, researchers tested
several variations of patented bis-intercalator compounds. These compounds
have the unique capability to “intercalate” or insert their
anti-cancer molecules inside DNA sites of specific cancer cells, thereby
preventing the ability of the cancer cells to replicate and ultimately
forcing their death.
“We are very happy,” says Alla Kan Director
of Dartmouth’s Technology Transfer Office, “that we found
a good partner to help us bring these powerful new drugs claimed in Dartmouth
College issued patent #6,187,787 to the patient as this is an ultimate
goal of our office, to utilize research taking place in our laboratories
for the public good.”
Among several compounds tested in vitro against an often
fatal strain of human glioblastoma (brain) cells, researchers have identified
a high performance compound which requires the least concentration in
order to achieve a 50% or greater cancer cell kill rate. This strong activity
against glioblastoma cancer cells is a significant achievement given these
cells’ strong resistance to currently available anticancer drugs
such as Lomustine, Carmustine, Nitrosourea, Hydroxyurea, and Procarbazine.
PhytoMedical’s Cancer Research: Killing Cancer’s
DNA
PhytoMedical is developing a novel class of patented
anti-cancer agents that have a ‘cytotoxic’ or poisonous
affinity for cancer cells and are designed to bind more tightly to cancer
cell DNA than many conventional anticancer drugs by a process called
bis-intercalation or “double binding,” much like a molecular
staple. Because the DNA is the blueprint of life for the cancer cell,
such binding stops the replication of the DNA, which prevents the growth
of the cancer cell and it dies.
DNA is present in the nucleus of every cell of all
living organisms, which are constantly dividing through a process in
which the DNA in the nucleus of the original cell replicates itself
to be present in the nuclei of the two new (“daughter”)
cells. If this replication cannot occur, the cell will die and the organism
will eventually stop growing and die. Cancer is characterized by the
development of abnormal cells that divide uncontrollably and have the
ability to infiltrate and destroy normal body tissue.
At present, anticancer molecules designed to
block the replication of DNA do so through “intercalation,”
a mechanism in which the drug inserts itself between one set of adjacent
base pairs of the DNA. PhytoMedical believes a more effective anticancer
strategy is to design molecules (“bis-intercalators”) that
can intercalate simultaneously at two DNA sites, thus further increasing
the binding between the drug and the DNA of specific cancer cells in
order to stop their replication and ultimately resulting in the death
of the cancer cell.
CAPITAL
GROWTH SYSTEMS (OTCBB: CGSY)
"Up 32.76% in morning trading"
Detailed
Quote: http://www.otcpicks.com/quotes/CGSY.php
Capital Growth Systems, Inc., doing business
as Global Capacity Group, Inc., delivers telecom integration services
to systems integrators, telecommunications companies, and enterprise customers
worldwide. It provides an integrated supply chain management system that
streamlines and accelerates the process of designing, building, and managing
customized communications networks. The company also provides connectivity
services for network integrators who bundle telecommunication solutions
to enterprise customers; offers global pricing and quotation software
and management services for data communications; and assists customers
to reduce connectivity costs and attain understanding and control of their
deployed communications network. In addition, the company manages data
replication and business continuity environments for multinational corporations
and health care institutions. Capital Growth Systems is based in Chicago,
Illinois.
CGSY News:
January 3 -
Global Capacity and VSNL Global Services Complete Strategic Sourcing Agreement
Partnership Provides Company with Crucial International
NOC, Provisioning and Analyst Resources
Global Capacity, Inc., a subsidiary of Capital Growth
Systems, Inc. (OTCBB: CGSY) and the telecom industry’s first logistics
company, announced that it has signed a strategic sourcing contract with
VSNL Global Services Limited (parent: Videsh Sanchar Nigam Limited (NYSE:
VSL)), a global leader in outsourced carrier operations.
This agreement enables Global Capacity to efficiently
scale operations through the establishment of an international network
operations center (NOC), as well as utilize additional network analyst
and provisioning resources.
“A high quality, scalable service delivery capability
is critical to support the rapid adoption of our solutions by our expanding
global customer base,” said Patrick Shutt, Chief Executive Officer
for Global Capacity. “By coupling the resources and capabilities
of VSNL Global Services Limited with the core expertise and systems of
Global Capacity, we have created a cost effective service delivery capability
that exceeds our customer’s expectations both immediately and into
the future.”
The international operations center, located in Pune,
India, will work in conjunction with the Global Capacity network operations
center in Waltham, MA, to provide “follow the sun” support
for the Company’s increasingly international customer base. The
network analyst and provisioning resources will enable the rapid scaling
required to implement key customer revenue initiatives as Global Capacity
continues to win major contracts.
Additionally, Global Capacity and VSNL Global Services
Limited have signed a Letter of Intent to create a business development
agreement that enables each company to leverage the other’s portfolio
of offerings to its existing customer base.
“We are pleased that Patrick and his team have
chosen VSNL Global Services Limited as their strategic sourcing partner,”
said V. S. Shridhar, Chief Operations Officer of VSNL Global Services
Limited. “We believe Global Capacity has developed a unique model
and has an unrivaled group of talented industry experts that are creating
tremendous value in the market. There are strong similarities in how our
two companies do business, and VGSL is very well positioned to help Global
Capacity successfully manage its rapid growth.”
ABOUT GLOBAL CAPACITY
Global Capacity is the operating arm of
Capital Growth Systems, Inc. (OTCBB: CGSY). The telecom logistics company
provides a fully integrated supply chain management system that streamlines
and accelerates the process of designing, building and managing customized
communications networks. It offers a comprehensive suite of services to
enterprises, systems integrators and carrier customers worldwide. Global
Capacity has operational centers in Waltham, MA; Manchester, England and
Houston, TX; with offices in Chicago, IL; New York, NY; Minneapolis, MN;
and Lisbon, Portugal. For more information, visit www.globalcapacity.com
or contact (866) 226-4244.
SOLAR
NIGHT INDUSTRIES (OTC: SLND)
"Up 16.22% in morning trading"
Detailed
Quote: http://www.otcpicks.com/quotes/SLND.php
Solar Night Industries, Inc. is a national
Modern Energy Company that enables residential and commercial energy users
to implement cost-effective, renewable energy solutions that help them
reduce their dependence on traditional energy sources, reducing Co2 emissions.
Solar Night Industries, Inc. is based in St. Louis, Missouri (USA). For
more information, visit www.SolarNightIndustries.com.
SLND News:
January
2 - Solar Night
Industries Offers Unique Program to Jump-Start New Home Sales
Solar Night Industries (OTC: SLND), a renewable energy
company formed to accelerate the adoption of Modern Energy Solutions,
introduces the Solar Synapse(TM), a product, sales and marketing program
designed to capitalize on the burgeoning demand for renewable energy alternatives
among potential new homeowners. According to a recent Roper survey commissioned
by Sharp Electronics Corporation, nearly 90 percent of Americans think
that solar electricity should be an option for all new home construction.
Three-quarters of survey respondents perceive solar power to be more important
than ever, evidence that Americans recognize the value of solar as a modern,
renewable form of energy.
The Solar Synapse Pre-Wire Kit is part of an overall
program designed to empower homeowners to add energy efficiency in the
future. The Kit, installed during construction, will prepare a new home
for adding photovoltaic solar panels (electricity) at some future date.
With new federal, state and local subsidies changing and the price of
solar panels projected to halve in the next five years, the timing is
perfect to make these new homes "solar ready" now. The program
includes marketing materials to help the builder sell Pre-Wire Kits and
provides a post-purchase activity for the new homeowner. After closing,
new owners can go to the Solar Synapse (TM) site to register their kit.
They will receive a copy of a "The Homeowner's Guide to Renewable
Energy," plus they qualify to receive a Modern Energy Plan(TM) from
SNI for their home. The revolutionary Modern Energy Plan(TM) is a customized
plan that will tell them the cost to complete the total solar system,
plus, educate the consumer regarding the incentives in their area.
"We feel the Solar Synapse(TM) is a unique solution
for builders who seek to differentiate their business and attract the
mainstreaming green market. Education is an important aspect of our business
model and we believe this program teaches builders about the potential
of using modern energy solutions as a best-practice, and educating the
homeowner regarding their options," says Tim Corbet, CEO of Solar
Night.
Solar Night is expanding the Solar Synapse(TM)
product rollout via a network of Manufacturer's Representatives' from
the building and renewable energy segments. For more information, go to
www.SolarSynapse.com.
DOR
BIOPHARMA INCORPORATED (OTCBB: DORB)
"Up 13.16% in morning trading"
Detailed
Quote: http://www.otcpicks.com/quotes/DORB.php
DOR BioPharma, Inc., a biopharmaceutical
company, engages in the research and development of oral therapeutic products
intended for areas of unmet medical needs and biodefense vaccines in the
United States and internationally. It operates through two segments, BioTherapeutics
and BioDefense. The BioTherapeutics segment develops orBec, an orally
administered corticosteroid that exerts a potent and local anti-inflammatory
effect in the mucosal tissue of the gastrointestinal tract; Oraprine,
an oral suspension of azathioprine; and LPE and PLP systems for delivery
of water-insoluble drugs. The BioDefense segment offers RiVax, ricin toxin
vaccine, a heat stable toxin that is isolated and purified from the bean
of the castor plant; and BT-VACC, the Botulinum toxin, a poisonous natural
substance that causes acute, symmetric, and descending flaccid paralysis
due to its action on peripheral cholinergic nerves. The company was founded
in 1987 and is based in Ewing, New Jersey.
DORB News:
January
3 - DOR BioPharma
Receives Orphan Drug Designation for Oral BDP for the Treatment of Pediatric
Crohn's Disease
Treatment Could Benefit Approximately 100,000
Pediatric Patients in the US Afflicted With Crohn's Disease
DOR BioPharma, Inc. (OTCBB: DORB) ("DOR" or
the "Company") announced that the Office of Orphan Products
Development of the United States Food and Drug Administration (FDA) has
granted Orphan Drug Designation to Oral BDP (beclomethasone dipropionate)
for the treatment of pediatric Crohn's disease.
The US Orphan Drug Act is intended to assist and encourage
companies to develop safe and effective therapies for the treatment of
rare diseases and disorders. In addition to providing a seven year term
of market exclusivity for Oral BDP upon final FDA approval, orphan drug
designation also positions DOR to be able to take advantage of a wide
range of financial and regulatory benefits, including government grants
for conducting clinical trials, waiver of expensive FDA user fees for
the potential submission of a New Drug Application for Oral BDP, and certain
tax credits.
Oral BDP is a highly potent, topically active corticosteroid
that has a local effect on inflamed tissue. BDP has been marketed in the
United States and worldwide since the early 1970s as the active pharmaceutical
ingredient in inhalation products for the treatment of patients with allergic
rhinitis and asthma. BDP is also the active ingredient in orBec®,
currently in development by DOR for the treatment and prevention of Graft-versus-Host
disease (GVHD).
"The FDA's decision to grant Oral BDP Orphan Drug
Designation for the treatment of pediatric Crohn's disease signifies an
important step for DOR as we begin to expand our pipeline with Oral BDP
into other important indications beyond GVHD," stated Christopher
J. Schaber, PhD, President and CEO of DOR BioPharma. "We anticipate
that pediatric Crohn's disease will be the first of several new Orphan
Drug Designations both in the US and in Europe as we work to maximize
the global value of our Oral BDP and orBec® franchise. We believe
that Oral BDP has the potential to be of significant benefit to pediatric
Crohn's disease patients."
ABOUT PEDIATRIC CROHN’S DISEASE
Crohn's disease is an ongoing disorder that causes
inflammation of the gastrointestinal (GI) tract. Crohn's disease can affect
any area of the GI tract, from the mouth to the anus, but it most commonly
affects the lower part of the small intestine, called the ileum. The swelling
caused by the disease extends deep into the lining of the affected organ.
The swelling can induce pain and can make the intestines empty frequently,
resulting in diarrhea. Because the symptoms of Crohn's disease are similar
to other intestinal disorders, such as irritable bowel syndrome and ulcerative
colitis, it can be difficult to diagnose. People of Jewish heritage have
an increased risk of developing Crohn's disease.
Crohn's disease can appear at any age, but it
is most often diagnosed in adults in their 20s and 30s. However, approximately
30% of people with Crohn's disease develop symptoms before 20 years of
age. Pediatric Crohn's disease is a subpopulation of patients 0-19 years
of age who suffer from Crohn's disease. In the United States, about 100,000
teens and preteens have Crohn's disease.
Crohn's disease presents special challenges for
children and teens. In addition to bothersome and often painful symptoms,
the disease can stunt growth, delay puberty, and weaken bones. Crohn's
disease symptoms may sometimes prevent a child from participating in enjoyable
activities. The emotional and psychological issues of living with a chronic
disease can be especially difficult for young people.
ABOUT ORAL BDP
Beclomethasone dipropionate is a highly potent,
topically active corticosteroid and is the active ingredient in orBec®,
DOR's product candidate for the treatment of gastrointestinal Graft-versus-Host
disease (GI GVHD), a common disorder among immunocompromised cancer patients
after receiving allogeneic stem cell or bone marrow transplants. Like
pediatric Crohn's disease, GI GVHD is also an inflammatory condition of
the GI tract. Patients with mild-to-moderate GI GVHD typically develop
symptoms of anorexia, nausea, vomiting and diarrhea.
DOR has previously run two randomized,
double-blinded, placebo-controlled clinical trials in GI GVHD with orBec®.
The first trial was a 60-patient Phase 2 single-center clinical trial
conducted at the Fred Hutchinson Cancer Research Center. The second trial
was a 129-patient pivotal Phase 3 multi-center clinical trial conducted
at 16 leading bone marrow/stem cell transplant centers in the United States
and France. Although orBec® did not achieve statistical significance
in the primary endpoint of its pivotal trial, namely median time to treatment
failure through Day 50 (p-value 0.1177), orBec® did achieve statistical
significance in other key secondary endpoints such as median time to treatment
failure through Day 80 (p-value 0.0226), as well as a 66% reduction in
mortality among patients randomized to orBec® at 200 days post-transplant
with only five patient (8%) deaths in the orBec® group compared to
16 patient (24%) deaths in the placebo group (p-value 0.0139). At one
year post randomization in the pivotal Phase 3 trial, 18 patients (29%)
in the orBec® group and 28 patients (42%) in the placebo group died
within one year of randomization (46% reduction in mortality, hazard ratio
0.54, 95% CI: 0.30, 0.99, p=0.04, stratified log-rank test).
WIRELESS
AGE COMMUNICATIONS (OTCBB: WLSA)
"Up 11.86% in morning trading"
Detailed
Quote: http://www.otcpicks.com/quotes/WLSA.php
Wireless Age Communications, through its
99.7% owned subsidiary, Wireless Age Communications Ltd., is in the business
of operating retail cellular and telecommunications outlets in cities
in western Canada. Through its other wholly owned subsidiary, Wireless
Source Distribution Ltd., the company distributes two-way radio products,
prepaid phone cards, wireless accessories and various battery and ancillary
electronics products in Canada.
WLSA News:
January
3 - Wireless
Age Achieves Record Fourth Quarter Revenues
Wireless Age Communications, Inc. (OTCBB: WLSA) ("Wireless
Age") announced record unaudited consolidated revenues for the fourth
quarter of fiscal 2007.
Unaudited revenues for the fourth quarter of 2007 were
approximately CAD$10,844,000, compared to approximately CAD$7,871,000
during the fourth quarter of 2006, representing an increase of approximately
38%. Unaudited fiscal 2007 revenues were approximately CAD$34,666,000
compared to CAD$27,085,000 from continuing operations in 2006, representing
year over year growth of 28%.
Retail segment revenues grew by 33% from approximately
CAD$4,697,000 in the fourth quarter of 2006 to approximately CAD$6,232,000
in 2007. Annual retail segment revenues were up by 20% at approximately
CAD$18,826,000 in 2007 and CAD$15,679,000 in 2006.
Commercial segment revenues grew by 45% from approximately
CAD$3,174,000,000 in the fourth quarter of 2006 to approximately CAD$4,612,000
in 2007. Fiscal 2007 commercial segment revenues were up by 39% at approximately
CAD$15,840,000 compared to CAD$11,406,000 in 2006.
Allen Cowie, Wireless Age retail segment President commented;
"2007 has been a great year and the fourth quarter topped it off.
Extremely strong demand was led by very aggressive cellular plan pricing
launched in the Manitoba market in early November. This drove year over
year post paid handset growth by over 50% and as much as 90% in some of
our Manitoba locations in the months of November and December. The timing
of the acquisition we made in Selkirk on November 1st could not have been
better. As usual, our staff did an outstanding job in meeting the tremendous
demands of a great fourth quarter. This continued growth in the wireless
market was echoed in our commercial segment in particular in the cellular
prepaid cards and accessory product lines."
John G. Simmonds, Wireless Age CEO stated; "This
has been a pivotal year for Wireless Age. Business continues to exceed
all of our expectations and we look forward to 2008 with great optimism.
I want to congratulate our staff on a job well done and thank our shareholders
for their loyal support during our turnaround." |