Dallas 4/17/2012 11:51:26 PM
News / Business

VALV, ECYT, WBSI, USGA and LGMH are the Daily Market Movers for April 17th from OTCPicks.com

OTCPicks.com Presents Today’s Daily Market Movers VALV, ECYT, WBSI, USGA, LGMH

Dallas, TX – SHENGKAI INNOVATIONS INCORPORATED (NASDAQ: VALV) "Up 22.02% in morning trading"

Shengkai Innovations is primarily engaged in the design, manufacture and sale of ceramic valves, high-tech ceramic materials and the provision of technical consultation and related services. The Company's industrial valve products are used by companies in the electric power, petrochemical and chemical, metallurgy and other industries as high-performance, more durable alternatives to traditional metal valves. The Company was founded in 1994 and is headquartered in Tianjin, the PRC.

ENDOCYTE INCORPORATED (NASDAQ: ECYT) "Up 7.48% in morning trading"

Endocyte is a biopharmaceutical company developing targeted therapies for the treatment of cancer and inflammatory diseases. Endocyte uses its proprietary technology to create novel SMDCs and companion imaging diagnostics for personalized targeted therapies. The company's SMDCs actively target receptors that are over-expressed on diseased cells, relative to healthy cells. This targeted approach is designed to enable the treatment of patients with highly active drugs at greater doses, delivered more frequently, and over longer periods of time than would be possible with the untargeted drug alone. The companion imaging diagnostics are designed to identify patients whose disease over-expresses the target of the therapy and who are therefore more likely to benefit from treatment.

WEBSAFETY INCORPORATED (OTCBB: WBSI) "Up 19.42% in morning trading"

WebSafety, Inc. is the leading provider of mobile phone software solutions that notify parents and employers of cyberbullying, explicit or degrading texting, and suspicious or unlawful online behavior. The mobile software applications support devices using Android and BlackBerry wireless operating systems, and operate on all four of the major wireless carriers in the United States and the three major wireless carriers in Canada.

US GLOBAL NANOSPACE INCORPORATED (OTC: USGA) "Up 100.00% in morning trading"

US Global Nanospace, Inc., a development stage company, identifies, develops, and commercializes various products, primarily utilizing wide area perimeter security-based or nanoscience technologies. Its products include Modular Autonomous Perimeter Security and Non-Lethal Defense System, an integrated system to protect against the breach of protected property boundaries; and All-Clear, a biological and chemical decontaminant for the neutralization of chemical and biological weapons and contaminants, and for general disinfection and sterilization of surfaces. The company’s other products comprise Radomes, a protective fairing found on aircraft to protect radar antenna to allow radar signal transmission; NanoFilterCX, a cigarette filter for reduction of cigarette smoke toxins; and Nanofilter Pathogen/Allergen Air Filter Purification Systems. Further, US Global Nanospace provides Guardian Antiballistic Replacement Door Skin for the AM general high mobility multipurpose wheeled vehicle (HMMWV) to protect vehicle occupants in elevated threat locations; S.A.G. Turret that offers protection against specific ballistic threats, fragmentation, and shrapnel for the HMMWV; and Blast-X, a blast mitigation material. Its customers include agencies or organizations under the control of the Federal Government of the United States, domestic and foreign businesses, and foreign government agencies or organizations. The company was founded in 2002 and is based in Carson City, Nevada.

LIGHT MEDIA HOLDINGS INCORPORATED (OTC: LGMH) "Up 50.00% in morning trading"

Light Media, Inspirational Media Specialist, markets, produces and distributes inspirational music, video, video games, print media and entertainment in the Urban Media space through its network of radio, Internet, television, print and special events global business platforms and marketing and alliance partners. Light Media is also the 20th publicly-traded radio/media conglomerate (member) of the prestigious RBR-TVBR Stocks Index.

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