Dallas 5/4/2012 11:48:19 PM
News / Business

MDMC, IFON and BCND are the Daily Market Movers for May 4th from OTCPicks.com

OTCPicks.com Presents Today’s Daily Market Movers MDMC, IFON and BCND

MARINE DRIVE MOBILE CORPORATION (OTCBB: MDMC) "Up 2.70% in morning trading"

Marine Drive Mobile Corp. engages in the development of transactional mobile commerce applications and services. The company’s technology platform matches merchants and consumers with the right products and services at the right time through electronic coupons. Its principal product includes eTeeoff.com, an e-couponing Website for golf industry merchants to create deals and offer their own electronic coupons. The company was formerly known as Sona Resources, Inc. and changed its name to Marine Drive Mobile Corp. in July 2011. Marine Drive Mobile Corp. was founded in 2007 and is headquartered in San Francisco, California.

INFOSONICS CORPORATION (NASDAQ: IFON) "Up 8.80% in morning trading"

InfoSonics is a provider of wireless handsets and related products to OEMs, carriers and distributors in Latin America, Europe, Africa and Asia Pacific. The Company designs, develops, manufactures, markets, sells and provides after-sales support for its own proprietary line of products under the verykool® and other private label brands.

BEACON REDEVELOPMENT INDUSTRIAL CORP. (OTC: BCND) "Up 33.33% in morning trading"

Beacon specializes in acquiring undervalued properties that offer the potential for above average return on investment along with multiple assets and development ability at distressed prices. The properties must offer recyclable/salvageable materials along with the potential for redevelopment and or desirable development potential. The company also seeks, along with the above formentioned, properties that have the possibility for governmental grants, tax rebates or deferments as part of their criteria for acquisition. Please visit the company's Web site at www.beaconredevelopment.com for all the latest information and updates.

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