Daily Small Cap Market News and Stock Highlights from SmallCapVoice.com

Investors reacted coolly to a report the nation's economy continued to shrink, but at a smaller pace than expected.

The government said the nation's gross domestic product, a measure of the economy's total output, slowed at a rate of 1 percent during the quarter. That was better than the 1.5 percent drop expected by analysts.

The report also found that consumers cut their spending in the second quarter, a troubling sign as consumer spending accounts for more than two-thirds of all U.S. economic activity.

The report is the strongest sign yet that the recession is winding down. However, the Commerce Department revised the first-quarter GDP figure much lower, saying economic activity tumbled 6.4 percent. That is the worst quarterly reading in nearly 30 years.

The latest report also said consumers cut spending by 1.2 percent in the second quarter, after a 0.6 percent increase in the first quarter.

Investors have been looking to consumers to help lead the economy out of a recession. Spending has been cut as consumers continue to worry about jobs. The unemployment rate is expected to move higher after hitting a 26-year high of 9.5 percent in June.

In midmorning trading, the Dow Jones industrial average fell 11.49, or 0.1 percent, to 9,142.97. The Standard & Poor's 500 index rose 3.25, or 0.3 percent, to 983.50, while the Nasdaq composite rose 3.30, or 0.2 percent, to 1,981.00.

Yesterday’s Top Performing Small Cap stock:

American Green Group, Inc. (Pink Sheets: AMNE) was a SmallCapVoice.com top performer closing up over 62% on trading volume of 302,563,041 shares.

American Green Group, Inc. reminds investors that today is the last day for shareholders of record to receive the 5 for 1 forward split; in order to receive the dividend you MUST be a shareholder of record on the close of today.

AMNE through its wholly owed subsidiary Paradigm Polymers announced a pending Strategic Alliance Agreement with Alderman Research Ltd. (AR) a Delaware Corporation. AR president, Robert J. Alderman is holder of over 80 US and International patents covering a variety of fields, including electronics, telephone, radio communications, fuel cell, acoustic levitation, sonic cleaning, laser measurement, distillation, reflective/thermal insulation, and Phase Change Materials ("Infinite R").

Alderman Research has also developed multiple products sold into various markets under licensing and trade secret agreements. Some licensees of Alderman products are Butler Buildings, the world's largest builder of steel buildings, Owens Corning, the giant fiberglass insulation manufacturer, Radio Shack, Leeds Electronics, and Paradigm Polymers.

Today’s SmallCapVoice.com Hot Stock to Watch:

U.S. Geothermal, Inc. (AMEX: HTM)

U.S. Geothermal is a renewable energy development company that is operating geothermal power plants at Raft River, Idaho and at the San Emidio Desert in Nevada. The Neal Hot Springs project in eastern Oregon is being explored for a commercial reservoir. U.S. Geothermal holds, through ownership or lease, geothermal rights of lands that comprise the Raft River project in Idaho, San Emidio, Granite Ranch, and Gerlach in Nevada, and the Neal Hot Springs project in Oregon.

To get small cap and OTC stock quotes, company news, and much more please visit http://www.smallcapvoice.com/. Don’t forget to sign up for our complimentary newsletter. Our newsletter comes out once a day in the morning and features great small cap stock news, audio interviews, investor fact sheets on quality small cap stocks and more. We will never share your email address and we use Constant Contact, the industry standard for ethical email distribution. This provider makes it just as easy to opt-out as it is to opt in guaranteed!

About SmallCapVoice.com

SmallCapVoice.com is a recognized corporate investor relations firm, with clients nationwide.  Known for its ability to help emerging growth companies build a following among retail and institutional investors, SmallCapVoice.com utilizes its stock newsletter to feature its daily stock picks, audio interviews, as well as its client's financial news releases. SmallCapVoice.com also offers individual investors with all the tools they need to make informed decisions about the stocks they are interested in. Tools like our stock charts, stock alerts, and our investor fact sheets can assist with investing in stocks that are traded on the OTC BB and Pink Sheets.

Small Cap Voice SCV is an electronic publication, and is for informational purposes only. The stocks profiled by SCV are only company profiles and are not intended to be and should not be accepted by you as recommendations to buy or sell in these securities. These profiles are compiled from publicly available sources. Our sources include, but are not limited to, online research, company profiles, member suggestions, magazines, newspapers, analyst suggestions, broker recommendations, contact with the company, company rumors, press releases and other similar information sources. All profiles are based on information that is accessible by the public. Investing in stocks involves risk. SCV is not and does not hold itself out to be a registered broker or dealer or other licensed securities professional. You should consult a qualified, licensed financial advisor or stock broker before making any decisions to invest in the securities of any company that is described in these profiles.  For compensation and complete disclaimer click here.

Contact:

Stuart T. Smith

CEO

512-267-2430

ssmith@smallcapvoice.com
http://www.smallcapvoice.com