Stocks to Watch 10-15-12

NINETOWNS INTERNET TECHNOLOGY GROUP (NASDAQ: NINE)
"Up 60.19% on Friday"

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

Ninetowns Internet Technology Group Company Limited, through its subsidiaries, engages in the sale of enterprise software and provision of related after-sales maintenance services in the People’s Republic of China (PRC). The company offers iDeclare.CIQ series of products that enable international trade enterprises to complete the declaration process electronically over the Internet; and iQM product series that enable international trade enterprises to collect, analyze, monitor, correct, and track product quality-related data from the raw material stages to final production. It also provides software development services comprising design, development, maintenance, and enhancement services to the internal software systems that are used to process electronic filings; and the data exchange platforms, which serve as the interface between such systems and users of the enterprise software. Ninetowns Internet Technology Group Company Limited offers its enterprise software and related customer maintenance services directly to franchisees and international trade enterprises under the Ninetowns brand name; and software development services to the PRC Inspections Administration and other third party customers. The company was formerly known as Ninetowns Digital World Trade Holdings Limited and changed its name to Ninetowns Internet Technology Group Company Limited in September 2006. Ninetowns Internet Technology Group Company Limited was founded in 1995 and is based in Beijing, the People’s Republic of China.

NINE News:

October 12 - Ninetowns Announces Receipt of 'Going Private' Proposal

Ninetowns Internet Technology Group Company Limited (Nasdaq: NINE) ("Ninetowns" or the "Company"), one of China's leading providers of online solutions for international trade, announced that its Board of Directors has received a preliminary non-binding proposal letter, dated October 12, 2012, from certain directors and officers of the Company, including Mr. Shuang Wang, Ms. Min Dong, Mr. Xiaoguang Ren, Mr. Kin Fai Ng, Mr. Bolin Wu, Mr. Zhonghai Xu, Mr. Tommy Siu Lun Fork and affiliates of some of these directors and officers (together, the "Consortium Members"), that proposes a "going-private" transaction involving the acquisition of all of the outstanding ordinary shares of the Company not already owned by the Consortium Members at a price per share in the range of US$1.80 to US$2.00 in cash (the "Transaction"). Each American depositary share of the Company represents one ordinary share.

According to the proposal letter, the Consortium Members will form an acquisition vehicle for the purpose of pursuing the Transaction, and the Transaction is intended to be financed with a combination of cash from the resources of the Company, its subsidiaries and the acquisition vehicle to be formed by the Consortium Members, as needed. A copy of the proposal letter is attached hereto as Exhibit A.

The Company's Board of Directors has formed a special committee of independent directors (the "Special Committee") consisting of Mr. Martin Cheung, Mr. Da Chun Zhang and Mr. Mark Ming Hsun Lee to consider the Transaction. The Special Committee is authorized to retain financial, legal and other advisors to assist it in its review of the Transaction. Paul Hastings LLP is acting as the Company's U.S. counsel and Ropes & Gray is acting as U.S. counsel to the Consortium Members.

The Company cautions its shareholders and others considering trading in its securities that the Board of Directors has just received the non-binding proposal from the Consortium Members and no decisions have been made with respect to the Company's response to the proposal. There can be no assurance that any definitive offer will be made, that any agreement will be executed or that this or any other transaction will be approved or consummated. The Company does not undertake any obligation to provide any updates with respect to the Transaction or any other transaction, except as required under applicable law.

MEDIATECHNICS CORPORATION (OTC: MEDT)
"Up 50.00% on Friday"

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

Mediatechnics Corporation (www.mediatechnicscorporation.com) is the parent company of Mediatechnics Systems Inc., MediaMaster Corporation, The Live Network, Innotech and CRD Technology.

MEDT News:

No recent news items for Mediatechnics Corporation (OTC: MEDT).

SANTO MINING CORPORATION (OTCBB: SANP)
"Up 15.97% on Friday"

Detailed Quote: www.otcpicks.com/quotes/SANP.php

Santo Mining Corporation engages in the acquisition, exploration, and development of mineral properties in the Dominican Republic. It owns a 100% interest in the Alexia gold exploration claim covering an area of approximately 27.75 square kilometers located near Dajabón in the northwest Dominican Republic. The company was formerly known as Santo Pita Corporation and changed its name to Santo Mining Corporation in March 2012. Santo Mining Corporation was founded in 2009 and is based in Santo Domingo, the Dominican Republic.

SANP News:

October 12 - Santo Mining Corp. Modular Field Office Deployed Near Pueblo Viejo

Santo Mining Corporation (OTCBB: SANP) (the "Company") announces that the Company has moved its field operations and modular field office to a yard that is closer to Maimon, the epicenter of the world class mining district in the Dominican Republic. Exploration of the five initially acquired poly metallic claims will be orchestrated from this new facility and the Company also plans to conduct due diligence on a pipeline of prime gold claims in the area.

This satellite office will improve the exploration team's efficiency and reduce daily travel times by 2-3 hours or more. The secure area has sufficient space for sample processing and storage, heavy equipment storage and even helicopter operations.

Santo Mining President Al French said, "Now that the Santo Mining field office is mobilized near Pueblo Viejo, our exploration team will move into the new facility today. Without missing a beat we will immediately start sampling soils on a 100 meter grid basis at the Walter claim, which is located less than a mile from Barrick Gold's 25 million ounce "Pueblo Viejo Mine" and Perilya's "Cerro de Maimon" gold mine. Any newly defined precious or base metal soil anomalies will be followed-up by air-track drilling through the shallow quaternary sediment layer. A consulting geologist previously reported that the claim has considerable potential of finding Volcanogenic Massive Sulfide (VMS) deposits similar to Perilya Gold's nearby Cerro de Maimon, Loma Pesada, Loma La Mina."

MOTRICITY INCORPORATED (NASDAQ: MOTR)
"Up 14.96% on Friday"

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

Motricity empowers mobile operators, brands and advertising agencies to maximize the reach and economic potential of the mobile ecosystem through the delivery of relevance-driven merchandising, marketing and advertising solutions. Motricity leverages advanced predictive analytics capabilities to deliver the right content, to the right person at the right time. Motricity provides their entire suite of mobile data service solutions through one, integrated, highly scalable managed service platform. Motricity's unique combination of technology, expertise and go-to-market approach delivers return-on-investment for our mobile operator, brand and advertising agency customers.

MOTR News:

October 11 - Motricity Announces Results of Rights Offering

Motricity, Inc. (OTCBB: MOTR) announced the results of its previously announced rights offering (the "Rights Offering").

Pursuant to the Rights Offering, on July 23, 2012, the Company distributed 46,163,685 subscription rights to the holders of its common stock. Each subscription right entitled the holder thereof to purchase, for a subscription price of $0.65 per unit, a unit consisting of 0.02599 shares of 13% Redeemable Series J Preferred Stock (the "Series J Preferred Stock") and 0.21987 warrants to purchase a share of common stock at an exercise price of the greater of $0.65 and 120% of the closing price of the common stock on the date of issuance (the "Common Stock Warrants"). The Rights Offering expired on October 3, 2012 and the exercise price for the Common Stock Warrants was fixed at $0.65.

The Rights Offering was fully subscribed with total basic subscription privileges and over-subscription privileges being exercised for an aggregate of 1,199,643 shares of Series J Preferred Stock and 10,149,824 Common Stock Warrants. All subscription rights that were not exercised by 5:00 p.m., New York City time, on October 3, 2012 have expired.

Motricity expects to receive net proceeds of approximately $28 million from the Rights Offering.

The Series J Preferred Stock and the Common Stock Warrants subscribed for in the Rights Offering will be distributed to participants or credited through DTC on or about October 11, 2012. Any excess payments to be refunded to participating holders will be mailed by the subscription agent as promptly as practicable.

Motricity anticipates that the Series J Preferred Stock and the Common Stock Warrants will be quoted on the OTCQB under the symbols MOTRP and MOTRW, respectively.

Mr. Carl C. Icahn, Motricity's largest stockholder, who as of July 23, 2012 beneficially owned approximately 16.5% of the Company's outstanding securities and controlled approximately 14.7% of the voting power of its common stock, exercised his basic subscription privilege and his over-subscription privilege in full. Following the consummation of the Rights Offering, Mr. Carl C. Icahn will beneficially own approximately 30.7 % of the Company's common stock and control approximately 14.7% of the voting power of its common stock. Additionally, he will hold 1,146,131 shares of Series J Preferred Stock, or approximately 95.5% of that class of stock, which class has limited voting rights.

ALLEZOE MEDICAL HOLDINGS INCORPORATED (OTC: ALZM)
"Up 18.18% on Friday"

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

Allezoe Medical Holdings, Inc. is a holding company focused on acquiring the most high quality and in-demand medical products, solutions and services. Whether through diagnosis, treatment, or medical research itself, Allezoe is interested in companies that are making a striking difference in the healthcare system through technology and treatments for health issues that affect large populations.

ALZM News:

No recent news for Allezoe Medical Holdings, Inc. (OTC: ALZM).

DIGERATI TECHNOLOGIES INCORPORATED (OTCBB: DTGI)
"Up 12.50% on Friday"

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

Digerati Technologies, Inc. engages in the provision of cloud telephony services worldwide. The company offers global voice over Internet protocol (VoIP) services; and cloud-based hosted services, including IP/PBX services, IP trunking, call center applications, prepaid services, interactive voice response auto attendant, call recording, simultaneous calling, voicemail to email conversion, and customized IP/PBX for specialized applications. It provides its services to carriers, telephony resellers, and other VoIP carriers over the Internet. The company was formerly known as ATSI Communications Inc. and changed its name to Digerati Technologies, Inc. in March, 2011. Digerati Technologies, Inc. was founded in 1993 and is headquartered in San Antonio, Texas.

DTGI News:

No recent news for Digerati Technologies, Inc. (OTCBB: DTGI).