OTCPicks.com

Daily Market Movers 2-29-08

For Friday, February 29th

MEVT, RLTR, NXPC, MVIV, SPNG
COMS, MEXP, GCMN, NVST, CPYE, PTSG, CCTC, TARR

Our Stocks to Watch today include MSE Enviro-Tech Corporation (MEVT), ReelTime.com (OTC: RLTR), NeXplore Corporation (OTC: NXPC), Copper King Mining Corporation (OTC: CPRK), Spongetech Delivery Systems, Inc. (OTCBB: SPNG), 3Com Corporation (NASD: COMS), Marine Explorationn Inc. (OTC: MEXP), Gold Crest Mines, Inc. (OTCBB: GCMN), NavStar Technologies, Inc. (OTC: NVST), Conspiracy Entertainment Holdings Inc. (OTCBB: CPYE), Petrosearch Energy Corporation (OTCBB: PTSG), Clean Coal Technologies, Inc. (OTC: CCTC) and Tarragon Corporation (NASD: TARR).

FEATURED COMPANY

EBFD

MSE ENVIRO-TECH CORPORATION (OTC: MEVT)

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

Company Profile: http://www.otcpicks.com/mse-enviro/mse-enviro.htm

MSE Enviro-Tech Corporation (MEVT), a company incorporated under the laws of the State of Delaware, is an agent in technology transfer, dedicated to providing access to world class technologies available today.

Many innovative technologies never gain significant market adoption in the marketplace. This occurs even when there is a major investment in the technology. The common reason for the slow market adoption of innovative technology centers on the challenges of field execution in gaining commitment from high adopting, decision making, prospects. Slow adoption also occurs because of the great expense and long time frames needed to build highly effective sales channels, sales teams and a market presence.

MEVT strives to seek out technologies that meet some or all of the following criteria: a significant technological advancement, have a global market and are socially and environmentally responsible. Our focus is to partner with innovative technology companies and facilitate the adoption of their technologies with our established prospect organizations.

Using a market driven approach to facilitate the identification and acquisition of external technologies, MEVT transfers proprietary technologies to beneficial companies to help develop superior products resulting in a strategic marketplace advantage.

MEVT provides comprehensive solutions for transferring new technologies, managing intellectual property and providing intellectual property consultation. In exchange for facilitating the integration of these technologies into a company’s portfolio MEVT is compensated in the form of cash payment, percentage of gross revenues, equity securities or a combination thereof.

MEVT News:

February 27 - MSE Enviro-Tech Corp. Progressing Towards Achieving Reporting Issuer Status With Enhanced Stock Listing

MSE Enviro-Tech Corp. (OTC: MEVT) (Frankfurt: MEH.F) announced that it is nearing completion of the audits and other documentation and filings necessary to facilitate advancing the status of the Company to that of a “fully reporting issuer” quoted on the NASD OTC Bulletin Board.

“While the preparation of these filings has been a laborious and time consuming process, we believe that the end result — an enhanced corporate status and trading platform for the Company's shares — will benefit both the Company and its shareholders in the future, particularly in light of the Company's continued focus on driving sales revenues and, ultimately, net earnings,” said Michael S. Robinson, MSE President & CEO.

Anti-Fire Regulations Tightening:

In light of the devastating effects and costs of accidental fires, anti-fire regulations in the United States and Canada are steadily becoming more stringent. In the United States, the Consumer Product Safety Commission advanced a proposal on February 1, 2008 that would “require consumer upholstered furniture to be smolder- and flame-resistant, which is not required now,” said Julie Vallese, a spokeswoman for the agency. This development has very positive implications for MSE in light of the potential of the Company's AF21 as effective water based, non-toxic, environmentally friendly fire inhibitor that has been independently tested and appears to be superior to competing products.

The Consumer Product Safety Commission noted that “upholstered furniture fires cost the U.S. about $1.6 billion each year. About 100 deaths and 130 injuries every year could be prevented by enforcing the standard, according to the agency's estimates.”


FEATURED COMPANY

EBFD

REELTIME RENTALS INCORPORATED (OTC: RLTR)

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

Company Profile:
http://www.otcpicks.com/reeltime-rentals/reeltime-rentals.htm

ReelTime Rentals Inc. (sometimes referred to herein as RLTR or ReelTime.com) was incorporated under the corporate laws of the state of Washington as ReelTime Rentals; Inc on June 24, 2004. ReelTime.com is an online broadband network offering a diverse library of both theatrical films and television programming. ReelTime's "point click and watch" user interface delivers DVD quality video over the internet to customers nationwide whenever they want to see it. ReelTime is poised to change the home entertainment industry by becoming a leader in the online media marketplace, providing the public the next generation of online viewing technology with built-in capacity for unlimited growth. The company's Intelligent Rapid Delivery System (IRDS) overcomes many of the roadblocks that have previously prevented widespread adoption of high quality streaming video. Through IRDS and their video-on-demand services, they deliver full-screen DVD quality movie experiences to broadband customers nationwide while implementing security measures to combat the threat of piracy.

The company currently provides direct-to-desktop progressive downloading for broadband users, utilizing a proprietary player to deliver full length films and television shows for viewing by the next generation of media viewers. We strongly believe in ReelTimes future and see unlimited potential beyond the PC into other media platforms, including set top boxes and handheld devices. ReelTime's end-to-end delivery system (IRDS) has significant advantages in cost and structure over other systems in current use and the revolutionary nature of the system should allow ReelTime to quickly become a dominant player in the video-on-demand marketplace.

RLTR News:

February 27 - SOYO and ReelTime.com Partner to Provide In-Box Media Content

SOYO Will Bundle ReelTime Video Services With Their LCD TVs and LCD Monitors

ReelTime.com (OTC: RLTR) and SOYO Inc. (OTCBB: SOYO), an innovative provider of computer and consumer electronics products, announced that they will partner to provide in-box media content. The final terms of the agreement are still being negotiated.

Through the partnership, any end-user who purchases a SOYO LCD TV or LCD Monitor with the ReelTime sticker on it receives "ReelCash" (from ReelTime). "ReelCash" entitles the purchaser to a free one month subscription and one free rental of a premium title, with access to 700 movies and 1,700 TV shows through ReelTime's website. ReelTime is compatible with any desktop or laptop PC that can be plugged into a LCD TV, and simply requires that the user downloads the ReelTime Media Player prior to watching the movie or TV show of their choice. The movies and TV shows are shown as streaming video, which eliminates the long, drawn out video download process found in other Video On-Demand services.

Ming Chok, CEO of SOYO, said, "This is a great opportunity for SOYO to give our end-users another way to enjoy our LCD products. Video On-Demand is growing in popularity as a way to watch television and movies, and we are very excited to be able to provide our end-user with such an easy, yet innovative way to enjoy our products and ReelTime's services."

"This partnership with SOYO creates immense opportunity," said Barry Henthorn, CEO, ReelTime.com. "We are hoping to reach about 1.2 million qualified consumers annually directly over the term of the agreement, and we are pleased that our customers will be able to optimize their ReelTime viewing experience on SOYO's high-quality products."

SOYO's LCD Monitors are available through the following retailers, online retailers and distribution channels: OfficeMax, Office Depot Canada, the Brick, Overstock.com, Overrunz, Deltron, Leader Tech, FuTech, icompy, IGM, DBL, Fry's Electronics, Arch Brook Laguna, ECost.com, Amazon.com, Target.com, Bell Micro, Star Computer Group, Jair, and Ceven Corp.

SOYO's LCD TVs are available through the following retailers, online retailers and distribution channels: HHGregg Appliance and Electronics, Arch Brook Laguna, Overrunz, DBL, Target.com, Bell Micro, Star Computer Group, American TV, ECost.com, Overstock.com, Rex TV, Sixth Avenue Electronics and Wal-Mart Canada.

ABOUT SOYO INCORPORATED

SOYO Inc. is an innovative provider of consumer electronics such as, LCD Monitors, LCD Televisions, Bluetooth, Portable Storage, LCD Furniture and broadband telecommunications products and services. Headquartered in Ontario, California, with additional sales offices in South America, SOYO sells its products through an extensive network of authorized distributors, resellers, system integrators, VARs, retailers, mail-order catalogs and e-tailers. Products are sold under the SOYO, Dragon, Onyx, Dymond, Honeywell, Le Vèllo, and Privè brand names. For more information, please visit www.soyo.com. For information on the Honeywell Consumer Electronics product lines, visit www.honeywellce.com.


FEATURED COMPANY

QMCI

NEXPLORE CORPORATION (OTC: NXPC)

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

Company Profile: http://www.otcpicks.com/nexplore/nexplore.htm

NeXplore Technologies is developing a Web 2.0 search engine and an assortment of social networking portals and tools that will enable users to personalize their Web experience and tailor it to their unique needs, interests, and online pursuits. The Company’s social computing platform, MyCircle.com, offers an enhanced, user-friendly graphical interface search engine, combined with innovative backend technology, which enables users to improve the way they connect with information and other people on the Worldwide Web. MyCircle’s Web 2.0 interface provides users with an online tool for sharing their Blogs, Voice-Over IP, photos and documents, podcasts and videocasts, classified advertising, instant messages, SMS text messages, Chat and personal profiles.

NXPC News:

February 26 - NeXplore Corporation Acquires ClickCaster.com and CastLister.com

NeXplore Corporation (OTC: NXPC) announced the acquisition of ClickCaster.com and CastLister.com, popular websites that provide easy-to-use tools for creating, publishing, tracking and subscribing to audio and video podcasts.

Under the terms of the agreement, NeXplore acquired ClickCaster.com and CastLister.com domain names, user bases, associated revenues and a perpetual license to use the ClickCaster.com and CastLister.com application software for podcast creation, publishing and management.

Launched in 2005 by Colorado-based ClickCaster, Inc., ClickCaster.com and CastLister.com currently have approximately 245,000 unique users. Collectively, ClickCaster.com and CastLister.com average more than 10 million hits per month.

Said Edward Mandel, CEO of NeXplore Corporation, "We are excited to add these popular websites to the NeXplore portfolio. ClickCaster.com and CastLister.com make podcast creation and publishing fast, fun and easy and align perfectly with NeXplore's mission to provide web-based tools and destinations that transform and improve the online experience. We plan to work quickly to integrate ClickCaster podcasting capability into NeXplore Search, our recently launched Web 2.0 search destination optimized for a superior end-user experience, rich media display and social network integration."

"We're committed to making this transition smooth in order to help NeXplore quickly realize the potential of the ClickCaster.com technology," added Keenan Gates, CEO of Medioh! Inc., a ClickCaster company. "This transaction will help Medioh! focus on mass aggregation and distribution of quality video."


FEATURED COMPANY

IMAGE

COPPER KING MINING (OTC: CPRK)
"Up 25.00% in morning trading"

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

Company Profile:
http://www.otcpicks.com/copper-king-mining/copper-king-mining.htm

Copper King Mining Corporation currently owns approximately 1200 acres in the Drum Mountains of Utah, which are patent deeded mining claims which contain gold, silver and copper. The company recently added to its holdings by filing six more claims on land which was inside their holdings, but not patent deeded. Contiguous to that acreage is approximately 1100 acres of claims filed by Western Utah Copper Company. As the companies explored the concept of a joint venture on the Drum Mountain properties, it was decided that a very viable consideration was to join the total assets of both companies.

CPRK News:

February 11 - Copper King Mining Announces John O'Hurley as Corporate VNR Host

Copper King Mining Corporation (OTC: CPRK) and its subsidiary Western Utah Copper Corporation announced that they have completed negotiations with actor John O’Hurley (“Seinfeld,” “Dancing with the Stars,” “Family Feud”) to host their new VNR.

One of People magazine’s “Sexiest Men Alive,” John O'Hurley has catapulted into television’s busiest and most versatile actor, show host, advertising hero, and feature film star. The award-winning actor is best known as "J. Peterman" on "Seinfeld," which is now the #1 syndicated series in the world in 85 countries.

He danced his way into the hearts of America as the ultimate champion of the highly rated ABC show “Dancing with the Stars,” and then starred on Broadway in Chicago, as the male lead “Billy Flynn.” O’Hurley can now be seen as the head of the Round Table, King Author, in Eric Idle’s hilarious musical comedy “Monty Python’s Spamalot” in Las Vegas at the Grail Theater at the Wynn Las Vegas Hotel. He is the face of the popular syndicated show “Family Feud.”

As the follow up his New York Times Bestseller called It’s OK to Miss the Bed on the First Jump: And Other Life Lessons Learned from Dogs, O’Hurley released his second book, Before Your Dog Can Eat Your Homework, First You Have To Do It in October 2007.

O’Hurley has a CD called “Peace of Our Minds,” a collaboration of piano and cello compositions by O’Hurley and world renowned cellist Marston which sold out in 8 MINUTES on QVC and is a nationwide bestseller. “Peace of Our Minds” is also the first completely independently produced CD to ever reach #13 on the Billboard Music charts.

Mr. O’Hurley said he is excited about the opportunity to work with a mining company that truly cares about the environment and recognizes the need for responsibly mined copper as a contributing component to environmental improvement.

For additional information, visit www.westernutahcopper.com, www.thecopperkings.com or www.johnohurley.com.


FEATURED COMPANY

SPNG

SPONGETECH DELIVERY SYSTEMS (OTCBB: SPNG)

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

Company Profile: http://www.otcpicks.com/spongetech/spongetech.htm

SpongeTech Delivery Systems is a production stage company which designs, produces, markets and distributes cleaning products for vehicular use utilizing patented technology relating to sponges containing hydrophilic (liquid absorbing) foam polyurethane matrices. The Company's sponges are specially configured with an outer contact layer and an inner matrix, which is loaded with specially formulated soaps and wax that are released when the sponge is applied to a surface with minimal pressure. The Company's products are currently designed specifically for vehicular cleaning use. However, the Company is exploring the possibility of using its patented technology for the development of sponges for other uses, including for use with anti-bacterial, bath and kitchen soaps for household uses, as well as for use as a children's bath foam sponge.

SPNG News:

February 22 - SpongeTech Delivery Systems to be Featured on MoneyTV

MoneyTV, a nationally syndicated television program all about money and what makes it happen, will be featuring Spongetech Delivery Systems, Inc. (OTCBB: SPNG) CEO Michael Metter next week. On the program, Mr. Metter announces substantial sold orders for SpongeTech’s polymer auto wash sponge product.

MoneyTV is broadcast to 45 million TV homes in Western Europe, Wednesdays at 5:00 PM, on UPN-TV in the Virgin Islands and Puerto Rico Sundays at 8:00 AM and is also available in Thailand on the Broad TV Network.

A complete menu of TV listings is available at www.moneytv.net. Those interested can also contact SpongeTech Investor Relations at 1-877- SPONGE T or visit the company Web site at www.spongetech.com.

Publisher's Note:

Spongetech Delivery Systems is up to $.048 after we announced our profile for them on 1/29 at $.20 for a gain of 140% so far.

I spoke to the COO, Steven Moskowitz late last week and while he did not give me specific numbers, he said that the new advertising they are doing on cable channels is doing very, very well. They had a very large boost in sales their first week of their ads running and their ten person phone bank they set up to field the incoming calls from the commercials is staying very busy.

This is great news from the company. Their ads are producing very good incremental revenues, and the company is shipping all their order backlog on schedule with no production and supply delays.

The company has somewhere in the neighborhood of $16M in order backlog now excluding the orders they have already shipped this year and their online and new ad sales numbers. So, if they receive very few new distribution or retail orders for the rest of the year it looks like they could easily do $20M+ this year which is a huge increase over 2007.

We like SPNG a lot and think the stock is poised to continue it's upward march in the coming days and weeks.

Do your homework and take a look at SPNG today!

SPNG Chart


STOCKS TO WATCH

3COM CORPORATION (NASD: COMS)
"Up 22.34% in morning trading"

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

3Com Corporation provides secure and converged networking solutions that enable customers to manage voice, video, and data in a secure network environment. The company's products and services include security systems, such as intrusion prevention systems, network access control systems, and firewalls; Internet protocol (IP) telephony that includes IP telephony platforms, convergence application suite, and IP phones; surveillance and unified switching solutions; and networking infrastructure products comprising local area network (LAN) switches, routers and gateways, mobility and wireless LAN, network and security management. In addition, the company offers a range of professional services, such as assessment and design, project management, training and certifications, installation, and integration services, as well as open services networking services. 3Com markets and sells its products primarily through value-added partners, direct sales representatives, distributors, and resellers, as well as through systems integrators, service providers, and direct marketers. The company primarily serves enterprise and small and medium-sized business customers in various industries, including education, government, healthcare, manufacturing, finance, insurance, and real estate. It operates in the Americas, Europe, Africa, and China, as well as the Middle East and the Asia Pacific regions. The company was founded in 1979 and is headquartered in Marlborough, Massachusetts.

COMS News:

February 29 - 3Com Announces Plans to Adjourn Shareholders' Meeting to Continue Discussions with Bain Capital Partners

Shareholders' Meeting to Reconvene on Friday, March 7, 2008

3Com Corporation (NASD: COMS) announced that the company intends to convene the shareholders’ meeting scheduled for Friday, February 29, 2008 and immediately adjourn the meeting, without taking a vote on the pending merger transaction with affiliates of Bain Capital Partners. The shareholders’ meeting will be reconvened on Friday, March 7, 2008 at 8 a.m. Eastern Standard Time at the company’s headquarters located at 350 Campus Drive, Marlborough, Massachusetts 01752-3064.

On February 20, 2008, 3Com and affiliates of Bain Capital Partners announced they had withdrawn their joint Committee on Foreign Investment in the United States (CFIUS) filing with Huawei Technologies concerning the parties’ pending merger transaction. 3Com continues to work with Bain Capital Partners to construct alternatives that would address CFIUS’ concerns regarding the company’s pending merger transaction with affiliates of Bain Capital Partners. There can be no assurance that these discussions will not adversely affect the terms of the pending merger transaction, including valuation, or that these discussions will result in an alternative that adequately addresses CFIUS’ concerns.


MARINE EXPLORATION INCORPORATED (OTC: MEXP)
"Up 16.00% in morning trading"

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

Marine Exploration, Inc., a development stage company, engages in marine treasure hunting expeditions. It intends to involve in the discovery and recovery of archeologically and historically significant shipwrecks and artifacts. The company plans to sell recovered cargo and artifacts, and exhibits artifacts. It also focuses on filming and documenting its activities and the sale and distribution of those films. The company was formerly known as Multimedia K.I.D., Inc. and changed its name to SYCO, Inc. in 2006. Later, it changed its name to Marine Exploration, Inc. in April 2007. The company is based in Denver, Colorado.

MEXP News:

February 29 - Marine Exploration, Inc. Details Its Joint Venture Partner's State of the Art Contracting and Use of Specially Commissioned Aerial Mosaics in Its Survey for Targeted Treasure Bearing Sunken Vessels

Marine Explorationn Inc. (OTC: MEXP) reported that its Joint Venture Partner, Hispaniola Ventures, LLC, has contracted directly with Spectrum in Florida to produce and deliver a state of the art aerial mosaic of the reefs where research indicates an English Corsair and its treasure is believed to lie. The mosaics, developed from precision GPS navigation controlled aerial photography in high resolution color, will allow Burt Webber and his team of marine explorers to carry out their magnetometer surveys with the highest degree of accuracy.

To the best of the company’s knowledge, this is the first time an aerial mosaic of this area has ever been produced and it is just one example of the highest in twenty-first century technical protocols that MEXP, through its joint venture partner, has engaged to ensure its investors superior advantage.


GOLD CREST MINES INCORPORATED (OTCBB: GCMN)
"Up 47.06% in morning trading"

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

Gold Crest Mines, Inc. engages in the acquisition, exploration, and development of mineral deposits in North America. Its properties include Kuskokwim mineral belt consisting of Kisa claims, Gold Lake, Ako, and Little Swift prospects in Alaska, as well as Kelly Creek property in Seward Peninsula, Alaska. The company's projects also include Stibnite gold project comprising approximately 200 unpatented federal mining claims in the Stibnite District of Central Idaho covering approximately 8400 acres. Gold Crest Mines, Inc. was founded in 2005 and is based in Spokane, Washington.

GCMN News:

February 29 - Gold Crest Mines, Inc. and Newmont Propose to Form Joint Ventures

Gold Crest Mines, Inc. (OTCBB: GCMN) announced that it has signed two separate term sheets with Newmont North America Exploration Limited, a subsidiary of Newmont Mining Corporation (NYSE: NEM) under which the parties propose to create two joint ventures to explore for gold deposits covering GCMN's AKO and Luna claim groups, located in the Kuskokwim region of southwestern Alaska approximately 120 miles south of the Donlin Creek deposit.

The proposed joint ventures are subject to a 30-day due diligence period by Newmont and will require the parties to negotiate final terms and prepare, approve and execute definitive joint venture agreements. Under the proposed terms for each joint venture, Newmont can earn a 51% interest in GCMN's properties by spending $3,000,000 in Qualifying Work Expenditures which includes a minimum of 3,000 meters of drilling on such property on or before December 31, 2011. In addition, to earn its interest under each joint venture Newmont must make cash payments to GCMN of $25,000 on or before January 15, 2009 and $50,000 on or before January 15, 2010. Newmont will be the operator of the proposed joint ventures.

Newmont has the option to increase its interest under either joint venture to 70% by completing an additional $6,000,000 in Qualifying Work Expenditures which includes a minimum of 3,000 additional meters of drilling on such property on or before December 31, 2015.

In the event a decision is made to build a mine on either property, either company may elect to have Newmont provide all the financing for the mine in return for Newmont receiving an additional 10% interest in that property. GCMN would repay Newmont with interest from GCMN's share of future profits.

Tom Parker, President and CEO for GCMN, commented, "We are pleased that one of the world's largest gold producers has recognized the potential on our claim groups. Newmont's entry into our projects validates GCMN's grass roots exploration approach in this highly prospective region. We look forward with anticipation to the results of the exploration program to be conducted by Newmont and to a successful exploration season."


NAVSTAR TECHNOLOGIES (OTC: NVST)
"Up 21.43% in morning trading"

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

NavStar Technologies, Inc. is focused on the creation of products and services that combines hands-free calling with GPS/navigation. Product features include the safety of hands-free calling, easy-to-use navigation via voice input and output, and the accessibility of emergency services at a very affordable price point. Maps will be updated quarterly; user’s can choose to input their destinations via the Internet (NavStar server) and access them with the “touch of a button.”

NVST News:

February 29 - NavStar Technologies Announces the 'Second Generation' Voice Navigator™ Product Design and Features

NavStar Technologies, Inc. (OTC: NVST) announced that the product design concept for its “second generation” product. Voice Navigator II™ will be a highly integrated all-in-one, sleek and slim device with total voice input that combines hands-free calling and voice navigation. The cutting-edge functionality and design will transform GPS navigation and hands-free calling into an affordable, safe and easy-to-use experience.

Voice Navigator II™ was designed to maximize safety and ease of use. According to Elizabeth Mazzae of National Highway Traffic Safety Administration, “Devices like head sets or voice-activated dialing may lead to longer dialing times than for hand-held phones but the delays offset the potential benefit of keeping both hands on the wheel.”

“The ability to use your voice to make hands-free calls and get turn x turn directions in this all-in-one device will make this product unlike any other on the market today,” said N. Douglas Pritt, NavStar Technologies president and CEO. “Four factors are paramount in our approach to personal navigation and hands-free calling:

  • Safety
  • Ease of use
  • Affordability
  • Product platform for new services

"These are features that customers have been requesting and we can provide at a price point that will appeal to the mass market.”

Customers will use their Bluetooth handset to call the NavStar server and with their voice provide a limited amount of information as to their destination. A route will be downloaded to the NavStar device and turn x turn directions will be provided to the user’s destination. Once the route is downloaded to the NavStar device the handset is available to make calls in a hands-free mode.

The Voice Navigator II is an innovative product and has a wide range of advanced yet easy-to-use features. The fact that a user’s voice is used to initiate hands-free calls and to request turn x turn directions will make the device extremely safe to use. Additional unique features will be announced in the next few weeks.

The product is expected to be available in early 3rd quarter 2008 and has a target price of below $150. For more information on the new Voice Navigator, go to the NavStar Technologies Web site at www.navstarinc.com.


CONSPIRACY ENTERTAINMENT (OTCBB: CPYE)
"Up 17.65% in morning trading"

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

Conspiracy Entertainment Holdings, Inc. engages in the development, publication, and marketing of interactive entertainment software. It publishes titles for various interactive entertainment hardware platforms, such as Sony's PlayStation, Nintendo 64, and Nintendo's Game Boy Color and Game Boy Advance; and the next generation hardware platforms, including Sony's PlayStation 2, Sony's PSP, Nintendo GameCube, Nintendo's DS, and Microsoft's Xbox, as well as for the personal computers. Conspiracy Entertainment also develops and markets foreign game titles. The company was founded in 1997 and is based in Santa Monica, California.

CPYE News:

February 29 - Conspiracy Entertainment's Wii: Octomania to Hit Retailers in March 2008

Conspiracy Entertainment Holdings Inc. (OTCBB: CPYE) ("Conspiracy"), a developer, publisher and marketer of interactive entertainment software in North America and Western Europe, announced that the multiplayer puzzler game Octomania for the Nintendo Wii(TM) will hit North American retail shelves in March 2008. Octomania is an original story of mischief and mayhem, replete with zany and loveable characters and a fast-paced color-matching puzzle that is suitable for all ages.

With U.S. publishing rights to Octomania, Conspiracy has selected Atlus U.S.A., Inc. a leading publisher of interactive entertainment, to exclusively distribute Octomania in North America. Sirus Ahmadi, president of Conspiracy Entertainment, said, "Octomania is one of our first titles planned for release in 2008 in what already looks like a busy quarter. With its 'E' for everyone rating, tons of content, multiplayer and Wi-Fi modes, and affordable price points, Octomania strengthens our position in the growing casual games niche market."

Keith Tanaka, CFO of Conspiracy Games, said, "We are excited to work with Atlus U.S.A., Inc. once again to distribute Octomania. In the 4th Quarter of 2007, Atlus distributed Panzer Tactics DS for Conspiracy and we hope to continue to work with them moving forward. The buzz surrounding Octomania has been building over the past few months, and with Atlus U.S.A. as our distributor, we look forward to another successful commercial launch in March."

ABOUT OCTOMANIA

A formerly beautiful and serene land is suddenly ruined by a magic spell gone awry. Hundreds of thousands of Octopi attack the kingdom of Lonropia and they must be stopped, all in a color matching puzzle fashion. The arcade style, easy to learn and fast-paced game is available in both online and offline modes, single or multiplayer. Cute and loveable characters like Gobu the Pig and Kanizaemon the Samurai Crab are designed to provide hours of entertainment at any age. A tutorial mode lets newcomers quickly share the fun with more seasoned gamers. To view screen shots of Octomania, visit www.conspiracygames.com/products.php?productid=81531500073.


PETROSEARCH ENERGY (OTCBB: PTSG)
"Up 11.94% in morning trading"

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

Petrosearch Energy Corporation engages in the acquisition, development, exploration, and production of crude oil and natural gas in the United States. The company has 5.54% interests in Barnett Shale Project in the Fort Worth Basin; 16% working interest in SW Garwood prospect, Colorado County, Texas; and 100% working interest in the Quinduno Field in Roberts County, Texas that covers approximately 1,755 acres. It also has interest in various properties, including Gruman prospect, Stark County, North Dakota; Mississippi Inland Salt Basin, in Yazoo County, comprising approximately 2,295 acres and 18 potential drilling locations; and Rodney Island prospect, Louisiana. As of December 31, 2006, Petrosearch Energy had total proved reserves of 1,757,641 barrels of oil and 1,309,409 thousand cubic feet of gas. The company was founded in 2003 and is based in Houston, Texas with additional office in Dallas, Texas.

PTSG News:

February 29 - Petrosearch Energy Pursues Strategic Alternatives Surrounding Barnett Shale Project

Petrosearch Energy Corporation (OTCBB: PTSG) announced that it has executed an authorization to the general partner of DDJET Limited LLP Partnership (“DDJET”) to immediately commence a sales marketing program to interested potential purchasing parties in order to fully assess the current market value of DDJET. The DDJET assets include leasehold acreage, existing wells, equipment, pipelines and rights of way in the prolific Barnett Shale region of the Fort Worth Basin. The Company’s subsidiary holds a 5.5445% limited partnership interest in DDJET. The Company has no obligation to sell its DDJET interest and retains all of the rights under the DDJET partnership agreement in the event of a proposed sale by the partners in which the Company chooses not to participate.

The Board of Directors of the Company has retained Friedman, Billings, Ramsey & Co., Inc. (“FBR”) to advise the Board in connection with a review of strategic alternatives that may be available to the Company in connection with the possible DDJET divestiture. The marketing of the DDJET interests presents the Company with various options which include: 1) selling the Company’s interest in DDJET at an acceptable price; 2) utilizing certain preferential rights afforded the Company under the Partnership Agreement to acquire all or a part of the non-Company interests by venturing with a strategic industry or financial partner; or 3) retaining its current position in DDJET with new and/or existing partners. To date, the Company and FBR have held confidential discussions with a limited number of potential strategic and financial partners and expect to continue the investigation of available options as the DDJET sales process moves forward.

There can be no assurance that the DDJET partnership sale effort will result in any agreements or transactions. The Company does not intend to disclose developments with respect to the sale effort or its review of related strategic alternatives unless and until its Board of Directors has made a decision regarding a specific course of action.

DDJET continues to acquire strategic leasehold acreage in the area of interest and will continue its current drilling and completion program.

Richard Dole, the Company’s President and CEO, stated that “We are pleased with the options the Company has related to the proposed sale of DDJET and we believe the Company is in a unique position as both a potential buyer and seller. Given the appetite in the industry for quality Barnett Shale assets, as evidenced by recent transactions in the region, we plan to pursue all the options this situation affords to Petrosearch and utilize the one that will create the most value for our shareholders.”


CLEAN COAL TECHNOLOGIES (OTC: CCTC)
"Up 47.54% in morning trading"

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

CCTI, which began operations on September 1, 2007, was formed through the acquisition of Clean Coal Systems, Inc. (CCSI) and a pink sheet shell company that facilitated CCTI's listing on the OTC exchange in early October, 2007 under the symbol "CCTC." CCTI's technology will be marketed through a variety of contractual relationships, including joint ventures, licensing agreements, and build/operate/transfer relationships. CCTI's technology is far superior to coal scrubbing and costs 60-70% less, because it removes pollutants and contaminants that scrubbing does not address. It is truly the "Pollution Solution." The technology allows raw, low-grade coal to be transformed via our multistage patented processes into high grade, clean burning, coal, on an industrial scale.

CCTC News:

February 28 - Clean Coal Technologies, Inc. Signs Agreement with Benham to Support Commercialization of Clean Coal Technology in China

CCTI's Clean Coal Technologies Advances as "China's Pollution Solution"

Clean Coal Technologies, Inc. (OTC: CCTC) announced that it has signed an agreement with The Benham Companies, LLC (Benham), to support commercialization of CCTI’s coal cleaning plants in China. Benham is a wholly-owned subsidiary of Science Applications International Corporation (SAIC). SAIC has supported Clean Coal Technologies and its predecessor companies since 1996 in the advancement of CCTI’s proprietary technology to pre-process coal for removal of up to 90% of pollutants and excess moisture prior to use as a clean-burning fuel in coal-fired power plants.

Doug Hague, CCTI’s President and Chief Operating Officer, stated, “Our agreement with Benham, a leading engineering and design build company, is further testimony to the viability of our technology, and our commitment to work with those companies that have the global recognition and capabilities to support and contribute to a project of this scale and importance. In conjunction with CCTI’s parallel $100M joint venture in China, this agreement reaffirms our commitment to taking a leadership role by leveraging our proprietary technology to provide a clean, inexpensive and pollution-free energy source that will enhance economic development while helping to protect the health and well being of people in China, India, and the rest of the world.”

With the support of the US Department of Commerce, CCTI plans to build modular front-ends to power plants that will transform coal with high levels of impurities and contaminants into an efficient, clean-burning energy resource. With its significant social and economic benefits, the joint venture has received tremendous support and encouragement from the Chinese government, which has designated a 160-acre parcel of land for the construction and operation of the first of what, could potentially be many CCTI plants in China.


TARRAGON CORPORATION (NASD: TARR)
"Up 8.43% in morning trading"

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

Tarragon Corporation and its subsidiaries engage in homebuilding and real estate development, and real estate service businesses in the United States. It develops, renovates, builds, and markets high and mid-rise condominiums; town homes, traditional new developments, and low-rise condominiums; and low and mid-rise rental apartment communities in the urban locations and communities. The company also engages in land development and conversion of existing rental apartment communities to condominiums. In addition, it offers real estate services, such as property management, condominium management, and acquisition and renovation of apartment properties, as well as provides mortgage lending services. As of December 31, 2006, Tarragon had 35 residential communities with 4,560 homes or home sites in inventory or under development in 6 states; and approximately 14,600 apartments in 12 states, including 11,000 in rental communities and 3,300 in condominium conversion communities. The company was founded in 1973 and is based in New York, New York.

TARR News:

February 29 - Tarragon Corporation Sells Newly Completed Apartments for $116 Million

Tarragon Corporation (NASD: TARR) ("Tarragon") announced the sale by its majority owned affiliate of 1000 Jefferson, a 217 unit luxury rental apartment property in Hoboken, NJ, to a major institutional investor for $116.2 million. The 1000 Jefferson property is the fifth residential development completed by Tarragon in a formerly blighted 8-block redevelopment zone branded "Upper Grand." Two other projects, including Tarragon's first high rise development in Hoboken, are now underway. Andrew J. Merin and Jose R. Cruz of Cushman & Wakefield represented Tarragon in the marketing of this property.

This transaction and other property sales that Tarragon has completed within the past several months, as well as ongoing cost reduction efforts, have enabled Tarragon to boost its liquidity and working capital while reducing debt.

"With this successful transaction, Tarragon looks forward to continuing its role in the redevelopment of Hoboken where we and our partners control almost 20 acres of land proposed for development of rental and for sale housing, a public swimming pool and community center, parks, a multi-screen movie theatre and retail uses," said William Rosato, President of Tarragon Development Corp.

 

Sign Up Today - It's FREE!

Clicky Web Analytics