Dallas, TX 7/16/2009 7:56:47 AM
OTCPicks.com Stocks to Watch for Thursday, July 16th TRGT, MTRO, TEVI, IVOT, BEHL
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Our Stocks to Watch tomorrow include Targacept Inc. (NASDAQ: TRGT), Metro One Development Inc. (OTC: MTRO), The Estate Vault Inc. (OTC: TEVI), I Green Innovations Inc. (OTCBB: IVOT) and BioCentric Energy Holdings Inc. (OTC: BEHL).
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TARGACEPT INCORPORATED (NASDAQ: TRGT)
"Up 136.93% on Wednesday"
Targacept is a clinical-stage biopharmaceutical company that discovers and develops NNR Therapeutics™, a new class of drugs for the treatment of central nervous system diseases and disorders. Targacept’s product candidates selectively modulate neuronal nicotinic receptors that serve as key regulators of the nervous system to promote therapeutic effects and limit adverse side effects. Targacept has product candidates in development for major depressive disorder and resistant hypertension, attention deficit/hyperactivity disorder, Alzheimer’s disease and cognitive dysfunction in schizophrenia, as well as multiple preclinical programs. Targacept also has a cognition-focused collaboration with AstraZeneca and a strategic alliance with GlaxoSmithKline.
METRO ONE DEVELOPMENT INCORPORATED (OTC: MTRO)
"Up 87.85% on Wednesday"
Metro One Development, Inc. plans to develop an interactive out of home media company giving the consumer more control over their media experience and creating highly entertaining branding displays that respond to the physical movements of the consumer.
THE ESTATE VAULT INCORPORATED (OTC: TEVI)
"Up 55.26% on Wednesday"
The Estate Vault, Inc. was developed to overcome the daunting task of keeping financial, personal and legal documents up to date and in one place. Together with its strategic product partners The Estate Vault has wrapped up its unique service offering with a Credit Card Registry, Home Inventory Listing, Identity Theft Insurance and an online Legal Documents and Will Creator. The Estate Vault intends to become the leader in value added products to the financial services industry by providing a product and service at a low price point and then leveraging patent pending technology known as IntelliAD and IntelliBrand to maximize brand awareness. For more information, visit www.estatevault.com.
I GREEN INNOVATIONS INCORPORATED (OTCBB: IVOT)
"Up 54.55% on Wednesday"
I Green Innovations, through its subsidiary B Green Innovations, Inc. ("B Green"), a Matawan, New Jersey-based Corporation, is dedicated to becoming a "green" technology company, focused on acquiring and identifying promising technologies that address environmental issues. The first technology will be used to create new products from recycled tire rubber. Recently, the company announced that it had filed a new Patent Application for a process it described as "paver blocks and patio blocks made from recycled tire crumb rubber." B Green Innovations, Inc. has also filed 3 additional patents on products made using 100% recycled tires.
BIOCENTRIC ENERGY HOLDINGS INCORPORATED (OTC: BEHL)
"Up 15.22% on Wednesday"
BioCentric Energy, Inc. is dedicated to the development of new technologies as well as acquiring and fostering companies with innovative technologies designed to provide unique and effective green energy solutions for the 21st century. Along with the cultivation of important relationships and partnerships with synergistic entities, BioCentric Energy has devoted substantial time and effort in research and development in order to bring a range of innovative green alternatives to the marketplace.
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Forward-Looking Statement: This press release includes "forward-looking statements" within the meaning of the federal securities laws, commonly identified by such terms as "believes," "looking ahead," "anticipates," "estimates" and other terms with similar meaning. Although the Company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can give no assurance that these assumptions will prove to be correct. Important factors that could cause actual results to differ materially from the Company's projections and expectations are disclosed in the Company's filings with the Securities and Exchange Commission. All forward-looking statements in this press release are expressly qualified by such cautionary statements and by reference to the underlying assumptions.
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