Dallas, TX 5/10/2012 11:10:44 PM
News / Finance

KERX, OBJE, SNPK, WSGI and TKDN are the Daily Market Movers for May 10th from OTCPicks.com

OTCPicks.com Presents Today’s Daily Market Movers KERX, OBJE, SNPK, WSGI and TKDN

KERYX BIOPHARMACEUTICALS INCORPORATED (NASDAQ: KERX) "Up 15.17% in morning trading"

Keryx Biopharmaceuticals is focused on the acquisition, development and commercialization of medically important pharmaceutical products for the treatment of renal disease and cancer. Keryx is developing Zerenex (ferric citrate), an oral, ferric iron-based compound that has the capacity to bind to phosphate and form non-absorbable complexes. The Phase 3 clinical program of Zerenex for the treatment of hyperphosphatemia (elevated phosphate levels) in patients with end-stage renal disease is being conducted pursuant to a Special Protocol Assessment (SPA) agreement with the FDA. Keryx is also developing KRX-0401 (perifosine), which is in Phase 3 clinical development for multiple myeloma. Keryx is headquartered in New York City.

OBSCENE INTERACTIVE LLC (OTCBB: OBJE) "Up 36.99% in morning trading"

Obscene Interactive is an emerging global developer of social gaming applications. OBJE's cutting-edge technology platform enables its titles to be accessible to a broad audience of consumers all over the world, supporting multiple platforms for universal appeal. Obscene Interactive is focused on delivering the best in social gaming solutions to the mass market.

SUNPEAKS VENTURES INCORPORATED (OTCBB: SNPK) "Up 33.33% in morning trading"

Sunpeaks Ventures, Inc. and its wholly owned subsidiary Healthcare Distribution Specialists, LLC ("HDS"), is a nationally focused, value-added distributor of specialty drugs and over-the-counter ("OTC") branded multivitamins to the healthcare provider market. HDS also owns and markets Clotamin®, a specialized over-the-counter multivitamin product designed exclusively for use by patients also on Warfarin®, a popular blood thinner that has a long list of known adverse drug and food interactions.

WORLD SURVEILLANCE GROUP INCORPORATED (OTCBB: WSGI) "Up 18.49% in morning trading"

World Surveillance Group Inc. designs, develops, markets and sells autonomous, lighter-than-air UAVs capable of carrying payloads that provide persistent security and/or wireless communications solutions at low, mid, and high altitudes. WSGI's airships, when integrated with electronics systems and other high technology payloads, are designed for use by government-related and commercial entities that require real-time intelligence, surveillance and reconnaissance or communications support for military, homeland defense, border control, drug interdiction, natural disaster relief and maritime missions.

TAKEDOWN ENTERTAINMENT INCORPORATED (OTCBB: TKDN) "Up 14.29% in morning trading"

Headquartered in London, UK with offices in Beverly Hills, CA, Takedown Entertainment Inc. is a sports entertainment company that acquires, produces, distributes and markets Mixed Martial Arts (MMA) programming and products for television and digital media in North American and International markets.

About OTCPicks.com

OTCPicks.com, one of the leading penny stock Web sites, presents its daily Stocks to Watch and Midday Market Movers every weekday. In addition to all the latest penny stock news, OTCPicks also offers daily newsletters, unique commentaries and free profiles, alerts and investing tips.

The stocks presented above are available in OTCPicks.com's Free Daily Email Newsletter. For daily stock alerts go to www.otcpicks.com to sign up.

Disclosure: OTCPicks.com and affiliates have been not been compensated by any of the companies covered in this release.