CGCA, SGDH, OPSY, EVII, GSAE, FHAI, NYMH, TTEG, UBRG, SPDE, VTSI OTCPicks.com Daily Market Movers Digest Midday Report for Tuesday, August 25th

Our Stocks to Watch today include Cobra Oil & Gas Co. (OTCBB: CGCA), SGD Holdings Ltd. (OTC: SGDH), Optical Systems Inc. (OTC: OPSY), EV Innovations Inc. (OTCBB: EVII), Green Star Alternative Energy Inc. (OTC: GSAE), Fountain Healthy Aging Inc. (OTCBB: FHAI), NYMET Holdings Inc. (OTC: NYMH), Turbine Truck Engines Inc. (OTCBB: TTEG), Universal Bioenergy Inc. (OTC: UBRG), Speedus Corp. (Nasdaq: SPDE) and VirTra Systems Inc. (OTC: VTSI).

 

Visit http://www.otcpicks.com/microcap.htm to register for our Daily Market Mover’s Digest Newsletter and Email Stock Watch Alerts.

 

COBRA OIL & GAS COMPANY (OTCBB: CGCA)

"Up 12.50% in morning trading"

 

Detailed Quote: http://www.otcpicks.com/quotes/CGCA.php 

 

Company Profile: http://www.otcpicks.com/cobra-oil-and-gas.htm

 

Cobra Oil & Gas Co. is a publicly traded independent oil and gas exploration and production company headquartered in Houston, Texas. Shareholders and prospective investors are encouraged to visit Cobra Oil & Gas's website at www.cobraoilgas.com and to subscribe to the email newsletter.

 

CGCA News:

 

August 25 - Skymark Research Initiates Independent Research Coverage On Cobra Oil & Gas Co.

 

Skymark Research, a leading provider of small- and micro-cap independent investment research, today initiated coverage on Cobra Oil & Gas Co. (OTCBB: CGCA). Skymark Research is currently offering a complimentary trial subscription. To view the company's research go to www.skymarkresearch.com.

 

Cobra Oil & Gas Co. Offers Update on Bakken Formation Within Starbuck Prospects

 

Cobra Oil & Gas Company (OTCBB: CGCA) (hereafter "Cobra") offered an updated property overview on its Starbuck Prospects Bakken formation, located within the Williston Basin in Valley County, Montana. The leases included in the option comprise 82,000 acres within multiple zone shallow gas trends (Judith River and Eagle) and multiple zone deeper oil trends (primarily Mission Canyon, Lodgepole and Bakken).

 

The state of North Dakota set a state oil-production record in 2008, despite the oil prices collapsing during the second half of the year. Cobra’s Starbuck Prospects are within this same formation in Montana with natural gas potential upwards of 260 BCF.

 

Technology has been a catalyst in making the Bakken so prolific. Horizontal Directional Drilling (HDD) is the new technology which allows wildcatters to drill down to the oil or gas and kick out their well thousands of feet to the left or the right. Fracturing of the rock is then necessary to release the oil, which combined turned out to be a revolutionary idea. Montana’s Elm Coulee Field within the Bakken Formation, where Cobra’s Starbuck Prospects lie, was turned into a recent production success using these methods. As of 2006 there were 350+ producing wells in the field with ultimate production totaling around 270 million barrels of oil.

 

The Bakken as a whole has gone largely unnoticed partially due to prior lack of technology. Max Pozzoni, President of Cobra Oil & Gas stated, “These recent developments epitomize our thoughts on the Starbuck Prospects and the Bakken in general. The progressing interest in this play is going to keep growing upon the realization of the successes, technological advances, and overall potential.”

 

Cobra currently has an option to buy a 50% interest, with 100% working interest (WI) and approximately 80% net revenue interest (NRI) on 82,000 net acres in the Williston Basin, Valley County, Montana.

 

SGD HOLDINGS LIMITED (OTC: SGDH)

 

Detailed Quote: http://www.otcpicks.com/quotes/SGDH.php 

 

Company Profile: http://www.otcpicks.com/sgd-holdings/sgd-holdings.htm

 

SGD Holdings, Ltd. is a holding company which owns and operates through its wholly-owned subsidiary, Ecopaper, Inc. (www.ecopaper.com). Its goal is to acquire new technologies which can positively impact the environment either through internal development or by acquisition.

 

SGDH News:

 

August 24 - SGD Holdings, Ltd. CEO Harry Johansing Discusses Environmentally Friendly Paper

 

SGD Holdings, Ltd. (OTC: SGDH) reveals the benefits of Ecopaper, Inc.'s product lines. Many companies and individuals enjoy telling their peers, employers and customers they have "gone green" because they started using recycled paper. However, on closer examination, professed recycled paper products are not always what they claim to be. Harry Johansing, CEO of SGD Holdings, Ltd., is a developer of Banana Paper, which represents one of the first 100% post-consumer paper products, and is an expert in the recycled paper arena.

 

So, what are the benefits of tree free paper? Ecopaper, Inc.'s tree free paper is 100% post-consumer waste. Waste that would normally wind up in a landfill is being processed into high quality paper products. No trees are used during the process. Furthermore, the energy and water required to manufacture paper are drastically reduced due to the process. Lastly, unlike typical copy paper, no harmful chemicals or toxins are added to the paper.

 

"Recycled paper is one of the biggest misnomers in the general public. It's incredibly misleading. Most people think that recycled is the same as post-consumer content. Unless it says post-consumer, it means that the product is a virgin pulp, otherwise known as paper made from trees. What consumers should be looking for when they purchase paper is either tree free paper or the highest post-consumer content possible," stated Harry Johansing.

 

ABOUT ECOPAPER, INC.

 

Ecopaper, Inc. is the first company in the history of the paper industry to create and market treeless paper of a superior quality. Every page of Ecopaper is smooth, acid-free, durable, chemical-free, and made in Costa Rica. Ecopaper, Inc. has developed an innovative and economically feasible option for the removal of 230,000 tons of agro-industrial waste that are dumped yearly in Costa Rica alone. The company's challenge is to invent new processes and create paper from exotic tropical fibers from waste materials in new textures and tones for consumers. The results of processing these exotic tropical fibers are items that both appeal to the consumer and positively impact the environment.

 

OPTICAL SYSTEMS INCORPORATED (OTC: OPSY)

 

Detailed Quote: http://www.otcpicks.com/quotes/OPSY.php 

 

Company Profile: http://www.otcpicks.com/optical-systems/optical-systems.htm

 

Optical Systems, Inc., through its operating subsidiary, Automotive Software Designers, Inc., develops technology and services for the automotive retail industry designed to maximize productivity and increase profits at auto dealerships. ASDI's flagship technology solution, Save-a-Deal, is a turnkey customer relationship management (CRM) tool for auto dealerships. Our business development center (BDC) provides a variety of services designed to help auto dealerships drive traffic to their showroom or Web site, retain customers and generate new streams of revenue.

 

OPSY News:

 

August 24 - Optical Systems, Inc. Launches All-New Finance Manager Program in 17 Dealerships

 

New BDC program is designed to generate additional revenue for automotive dealerships across the United States

 

Automotive Software Designers, Inc. (ASDI), a leading provider of software and services for the automotive retail industry, and a wholly owned subsidiary of Optical Systems, Inc. (OTC: OPSY), announced the addition of 17 dealerships to its all new Finance Manager program.

 

"We believe our Finance Manager program will have a fit in 95 percent of the 26,000 automotive dealerships and 7,000 recreational vehicle dealerships in the United States," said B.J. Grisaffi, Chairman and Chief Executive Officer of Optical Systems, Inc. "Over the past several weeks we have launched several new BDC initiatives including our Sales Manager and Service Manager programs, and have achieved key milestones in our growth including beginning the process to become a fully reporting company. The new Finance Manager program is another step in the right direction for Optical Systems and our shareholders."

 

The BDC Finance Manager program utilizes the Company's cutting-edge remoteCSR program to survey a dealership's customers on their buying experience, and assesses customers' needs for an extended service contract, or aftermarket protection including tire and wheel road hazard protection, cracked windshield protection and/or dent protection for the vehicle they purchased. Products and services are specifically matched to customers based on their responses to survey questions, allowing for higher conversion rates.

 

All inquiries are made by ASDI's knowledgeable and professional Finance Manager remoteCSRs, and relate directly to the paperwork and financing of a customer's vehicle, ensuring that a customer is asked relevant questions at timely opportunities. All calls are made in the name of a dealership's finance manager and appointments are set in their name.

 

Patterson Chrysler Jeep in Kilgore, TX, Victory Honda in Victoria, TX, North Texas Nissan in Dallas, TX, and Greg May Honda in Waco, TX are among the first 17 dealerships to enroll in the company's all-new Finance Manager BDC program.

 

"Dealerships today need to reduce costs, strengthen customer relationships, and most importantly increase profitability," said Grisaffi. "Our Finance Manager program helps dealerships achieve those goals."

 

August 21 - Optical Systems, Inc. Targeting 6,000 Dealerships Across 42 States With Next Generation of Save-a-Deal

 

Nationwide launch planned for November 2009

 

Automotive Software Designers, Inc., a leading provider of software and services for the automotive retail industry, and a wholly owned subsidiary of Optical Systems, Inc. (OTC: OPSY) announced that the company has targeted 6,000 dealerships across 42 states as customers for the next generation of its flagship software product, Save-a-Deal.

 

"Approximately 90 percent of the 26,000 automotive dealerships and 7,000 recreational vehicle dealerships in the United States today are still using legacy systems. Save-a-Deal is a breakthrough product with the potential to revolutionize the way the automotive retail industry does business.

 

"The recent enhancements to Save-a-Deal offer significant cost savings and improvements in customer service, security, scalability, performance, and accessibility."

 

Save-a-Deal is a comprehensive, fully-integrated front office software solution specifically designed to increase auto dealerships' profitability. When properly used, this scalable CRM system is guaranteed to increase unit sales and profit per vehicle while lowering costs through enhanced efficiency.

 

The next generation of Save-a-Deal is a more streamlined, cost-effective CRM solution than its predecessor with added capabilities in remote personnel management, customer service, training, and security.

 

Additional benefits to customers include:

 

* Real-time access speeds with normal content loads of more than 200,000 database records from three different states with multiple, concurrent users

 

* Added scalability from modular software architecture

 

* Significant savings on installation and maintenance costs

 

* Three levels of security to ensure protection of dealerships' sensitive data and information

 

* More customization for electronic records management

 

ASDI currently has systems and programs in place to upgrade its existing customers from their current legacy systems to the next generation of Save-a-Deal.

 

The Company has been actively pursuing private label projects with several, large automotive groups as a result of the recent enhancements.

 

EV INNOVATIONS INCORPORATIONS (OTCBB: EVII)

 

Detailed Quote: http://www.otcpicks.com/quotes/EVII.php 

 

Company Profile: http://www.otcpicks.com/ev-innovations.htm

 

EV Innovations, Inc. engages in the development and marketing of electric powered vehicles and products primarily in the United States. It involves in developing the portable battery power pack technology and effecting vehicle conversions from conventional power systems to electric power systems. It also converts various large and small ATV's, electric bicycles, and electric scooters. The company was formerly known as Hybrid Technologies, Inc. and changed its name to EV Innovations, Inc. in February 2009. EV Innovations, Inc. was founded in 2000 and is based in Las Vegas, Nevada.

 

EVII News:

 

August 12 - EV Innovations Inc. Congratulates GM for Being the SECOND Company to Break the Triple Mileage Barrier

 

EV Innovations Inc. (OTCBB: EVII), a 21st Century Design & Engineering of emission-free automotive propulsion systems using the latest lithium battery technology, congratulates GM on being the SECOND company to break the Triple Mileage Barrier. According to Ron Cerven, Chief Engineer, "It is great to see a big player like GM following in our footsteps and breaking the Triple Mileage Barrier."

 

EV Innovations became the first company to get over 100 MPG when on June 17th 2009, the 2010 LiV Wise achieved 211 miles, actually driven on one single charge. EVII's Director of Government Sales, Holly J. Armstrong, said that she is "certain that having a production Plug In EV that gets over 200 actual driving miles on a single charge, has to be the reason why EV Innovations is the current sole bidder on the upcoming 2010-2015 Government contracts for electric vehicles."

 

EVII continues to lead the industry in both technology and business modeling. In some instances, the LiV Wise is the only NHTSA compliant, highway capable sedan available for purchase or lease on Federal, State and Local levels. EVII is organizing up for maximum production, as it estimates over 10,000 LiV Wise models will be purchased or leased by the various government agencies.

 

GREEN STAR ALTERNATIVE ENERGY INCORPORATED (OTC: GSAE)

 

Detailed Quote: www.otcpicks.com/quotes/GSAE.php  

 

Company Profile: http://www.otcpicks.com/Newsletter/GSAE_eProfile_091708.htm

 

Green Star Alternative Energy is an environmentally conscious, renewable energy producer. The Company is working to develop more than 300 MW (megawatts) of clean electricity through wind energy. The corporate revenue model is two-fold: the use of a renewable resource allows not only for the creation of environmentally friendly energy, but the granting of carbon (greenhouse gas) emission credits which may be traded and sold. Green Star is pursuing a significant opportunity to provide clean energy to the growing Republic of Serbia and neighbouring European countries. Through a joint venture with key wind farm and power trading company Notos, Green Star will become the nation's first developer of wind power. GSAE is focussed on green technology and sustainable energy programs like wind turbines, hydro electric power generation, and other renewable electricity models.

 

GSAE News:

 

August 11 - CEO of Green Star Alternative Energy Conducts Exclusive Webcast Interview with The Green Baron Report

 

Green Star Alternative Energy, Inc. (OTC: GSAE) ("GSAE" or the "Company") announces that its CEO Mike Andric has conducted an exclusive new audio-taped webcast interview so that GSAE shareholders and the investment community can learn more about the Company’s recent developments and growth plans. Unrestricted access to the webcast is now available on the “Webcasts” page at www.TheGreenBaron.com. This webcast is also available at www.StrictlyStocks.com, "Where Wall Street speaks to the World."

 

The Green Baron Report also issued a new “Stock Pick” profile dated Tuesday, August 4th, 2009 to its members and is available on their website. The report focused on how Green Star is moving forward to develop wind energy projects to the under supplied market in Serbia. The report also detailed how its Joint Venture with Notos, a private Serbian company dedicated to renewable energy, enables Green Star to establish a leadership role in the development and supply of wind power in Serbia and the Balkan Peninsula.

 

FOUNTAIN HEALTHY AGING INCORPORATED (OTCBB: FHAI)

"Up 207.69% in morning trading"

 

Detailed Quote: http://www.otcpicks.com/quotes/FHAI.php 

 

Fountain Healthy Aging is a company specifically focussed in the anti aging industry, which is one of the quickest growing industry sectors worldwide. We have a range of products targeted at the anti-aging market, including our revolutionary flagship product Vitalife, which we believe is ready to make a massive impact in the anti-aging industry. We recognize the importance of the anti-aging sector, an emerging dynamic within the overall health and wellness revolution. We believe that we are uniquely positioned to capitalize on this rapidly growing trend, first with our unique flagship product, rapidly followed by our other products which have been specifically developed for this market. Fountain Healthy Aging's main focus is on the specialty, premium product category, which is a growing segment of the market that provides gross margins significantly higher that the lower-priced, mainstream health products market.

 

FHAI News:

 

August 12 - Fountain Healthy Aging Inc Announces $5,000,000 Equity Line Of Credit Investment Secured

 

Fountain Healthy Aging Inc. (OTCBB: FHAI) announced on August 12 2009 that it had entered into an agreement with Dunn Capital Partners and Oak Resources Limited which provides the Company with a $5,000,000 Equity Line of Credit investment. Under the terms of the agreement, Fountain has the right to draw down from the Equity Line Investment in tranches of up to $1,000,000 each, for a term of 24 months. The first tranche investment of $1,000,000 was drawn down by Fountain on August 10 2009.

 

Fountain CEO, Paul Hunston, said "We are very pleased to have secured this $5,000,000 equity line of credit, which will enable us to fully implement our business plan and accelerate the Company's growth both within the US and internationally. This is great news for both Fountain and its shareholders."

 

Michael Bailey, head of Equity Capital markets at Dunn Capital Partners said: "We take pride in our ability to identify companies with strong management teams, growth potential and competitive advantages. We are delighted that through Oak Resources, we have been able to make this investment in Fountain. We think Fountain is perfectly positioned to leverage its high quality and natural product range and take advantage of its unique positioning in the market place. We look forward to working with Oak Resources and Fountain in helping the Company realize and execute its full growth potential."

 

ABOUT DUNN CAPITAL PARTNERS

 

Dunn Capital Partners is a private investment company and is focused on investing in growing Small Cap issuers with solid fundamentals.

 

Dunn Capital Partners typically invests anywhere from $10,000,000 to $250,000,000+ with companies seeking a long-term funding partner and a strategic partner to support its growth.

 

Dunn Capital Partners is committed to investing in companies with strong management who have the ability to execute their business plan upon the receipt of growth capital.

 

Dunn Capital Partners is industry and geography agnostic.

 

NYMET HOLDINGS INCORPORATED (OTC: NYMH)

"Up 5.26% in morning trading"

 

Detailed Quote: http://www.otcpicks.com/quotes/NYMH.php

 

As of May 5, 2009, Nymet Holdings Inc. was acquired by NYMET Industrial Solutions, Inc., in a reverse merger transaction. Perihelion Global engages in the acquisition, development, and management of technologies, strategic commodity reserves, and assets in the energy, natural resource, and communications markets. The company was founded in 2006 and is based in Santa Rosa Beach, Florida.

 

NYMH News:

 

August 25 - NYMET Holdings Inc. Announces the Company Entered Into a Sales Contract With Bayou Steel Incorporated

 

NYMET Holdings Inc. (OTC: NYMH) (www.nymetusa.com), an innovative metals and mining company headquartered in Port Jefferson, N.Y., announced the receipt of a Purchase Order for ferrous scrap metal from the C.A. Reed Saw Mill Demolition and Recovery Project with steel processing giant, Bayou Steel Incorporated.

 

The Purchase Order calls for the sale of 1,000 gross tons of steel to be delivered to the Bayou Steel, LaPlace facility over the next several weeks. NYMET's management has concluded the logistics and organized the necessary requirements to begin loading and shipping the contracted material later this week. Bayou Steel will have the ability to buy more material once this initial sale is completed. The total 1,000 gross tons of material will start being delivered this week and represents only a fraction of the overall $2,000,000 in gross sales anticipated from the C.A. Reed Saw Mill Demolition and Recovery Project.

 

ABOUT PURCHASER

 

Bayou Steel Inc. is a producer of structural steel products with facilities in LaPlace, Louisiana, and Harriman, Tennessee which have been recently acquired by ArcelorMittal in June 2008 for US$475 million. ArcelorMittal is the world's number one steel company, present in more than 60 countries. They have led the consolidation of the world steel industry and today rank as a top global steel maker. Their industrial presence in Europe, Asia, Africa and America gives the Group exposure to all the key steel markets, from emerging to mature. ArcelorMittal key financials for 2008 show revenue of $124.9 billion and crude steel production of 103.3 million tonnes, representing approximately 10% of world steel output.

 

Mark Daniel Klok, President of NYMH, stated: "This initial Purchase Order is a significant achievement for the Company and we look forward to and anticipate additional Purchase Orders from Bayou Steel throughout the year."

 

TURBINE TRUCK ENGINES INCORPORATED (OTCBB: TTEG)

"Up 15.45% in morning trading"

 

Detailed Quote: http://www.otcpicks.com/quotes/TTEG.php

 

Turbine Truck Engines, Inc. is a technology company focused on the development, manufacture, and testing of its New Energy and Environmental Efficient Truck Engine intended for mass markets in the United States and abroad. This new engine design can utilize any known fuel source (gasoline, diesel, propane, natural gas, hydrogen, methanol, ethanol, or LPG) or fuel mixture, yet needs no coolant, lube, oil, filters, or pumps. The unique, lightweight turbine design has few moving parts, significantly reducing maintenance costs. The innovative cyclical detonation process produces a complete combustion of fuel-oxidation mixtures, resulting in greater fuel economy and few harmful exhaust emissions.

 

TTEG News:

 

August 24 - Strategic Alliance Between Turbine Truck Engines and AMEC Gains Momentum

 

In January 2009, Turbine Truck Engines, Inc. (OTCBB: TTEG) (TTE) and China's Aerospace Machinery and Electric Equipment Co. Ltd. (AMEC) entered into a strategic alliance, agreeing to collaborate on the engineering and technical development of the patented Detonation Cycle Gas Turbine Engine (DCGT). TTE also granted AMEC the exclusive license to commercialize the engine in China's automotive and busing markets when the design process is completed. TTE has learned that AMEC will have full access to the resources of Shenyang Aerospace Mitsubishi Motors Engine Manufacturing Co., Ltd. (Aerospace Mitsubishi) in the engineering and development process.

 

Aerospace Mitsubishi is a joint venture (JV) between five companies from China, Japan, and Malaysia. AMEC's sister corporation, China Aerospace Automotive Industry Group (Aerospace Automotive), has a 30% stake in the JV, and Aerospace Automotive will be the channel through which AMEC will access Aerospace Mitsubishi resources. AMEC intends to develop 150 and 400 horsepower versions of the DCGT. Once developed, the engine will be manufactured in Aerospace Mitsubishi's state-of-the-art engine assembly plant. The plant is already producing 100,000 engines annually, and is expected to reach 15 million units annually when the facility is complete.

 

AMEC and Aerospace Automotive are wholly owned subsidiaries of China Aerospace Science and Industry Corp (CASIC). CASIC (www.casic.com.cn) is one of the largest state owned enterprises in China and employs more than 100,000 people, over 40% of which are technical and engineering personnel. CASIC is comprised of seven research institutions, two manufacturing bases, and several production enterprises. Of the 150 CASIC subsidiaries, six are publicly traded companies on the Hong Kong and China Exchanges. The corporation is responsible for the development of China's space program and is considered the most technically advanced enterprise in China.

 

Michael Rouse, President and CEO of TTE, is in China for high-level meetings with AMEC officials, and he observed, "AMEC's access to Aerospace Mitsubishi's resources will speed the process to which we are mutually committed, and I am excited about the implications of this development for all TTE and AMEC stakeholders."

 

UNIVERSAL BIOENERGY INCORPORATED (OTC: UBRG)

"Up 557.14% in morning trading"

 

Detailed Quote: http://www.otcpicks.com/quotes/UBRG.php

 

Universal Bioenergy Inc. is an alternative "Green Energy" company, and intends to create and market alternative energy sources including Biofuels, Wind, Solar, Synthetic Fuels and other related energy technology products. It plans to build the company into a prominent player in what is quickly becoming one of the most important industries of our century — alternative green energy.

 

UBRG News:

 

August 25 - Universal Bioenergy Signs Multi-Million Dollar Biofuels Contract

 

Universal Bioenergy Inc. (OTC: UBRG) a company focused on the development and production of alternative energy sources and green technologies, announced today that it has signed a multi-million dollar contract with Mississippi Investment Petroleum Company (MIPCO), a next generation biofuels energy producer and marketer.

 

Under the terms of the agreement MIPCO will have a biodiesel fuel production arrangement and lease of Universal Bioenergy's biodiesel fuel refinery in Nettleton, Mississippi to produce and distribute biodiesel fuel to the Southeast, Midwest and Gulf Coast regions of the United States. The estimated gross revenue to be generated from the fuel sales to the end user is $30 million. The gross operating profit to Universal Bioenergy is estimated at $3 million, with a net profit of $2.4 million per year, since the company will incur no operating costs other than general and administrative expenses. Universal Bioenergy is currently debt free and the current market value of its refinery plant at full operation is estimated at $13+ million.

 

Their Chief Executive Officer Dr. Richard Craven states, "This contract will be very favorable to Universal Bioenergy, in terms of our revenue, growth, expansion goals and to secure similar contracts with other firms in the future." It is projected that the refinery would be producing fuel in November of this year, and would produce about 12 millions gallons per year at current capacity.

 

SPEEDUS CORPORATION (NASDAQ: SPDE)

"Up 25.38% in morning trading"

 

Detailed Quote: http://www.otcpicks.com/quotes/SPDE.php

 

Speedus Corp., through its subsidiaries, engages in healthcare, restaurant, and wireless businesses in the United States. The company has co-invested with Siemens Corporate Research, Inc., a subsidiary of Siemens Corporation, in Zargis Medical Corp. to develop advanced diagnostic decision support products and services that automatically analyze acoustical data from a patient to determine physiologically significant features useful in medical diagnosis for primary care physicians, pediatricians, cardiologists, and other healthcare professionals. It owns 90% of F&B Gudtfood, the creator and operator of the original Eurocentric cafe, which operates a store in Manhattan. The company has a portfolio of patents that provide high-speed wireless communication systems. In addition, it offers Local Multipoint Distribution Service (LMDS) license for developing and deploying LMDS technology that is used for various fixed wireless purposes, including wireless local loop telephony, high-speed Internet access, and two-way teleconferencing. The company, formerly known as SPEEDUS.COM, Inc., was founded in 1995 and is based in New York, New York.

 

SPDE News:

 

August 25 - Zargis Cardioscan™ Unveiled Through Global Marketing and Distribution Alliance With 3M Company

 

Zargis Medical Corp., a spin-off from Siemens Corporate Research (NYSE: SI) and a majority-owned subsidiary of Speedus Corp. (Nasdaq: SPDE), announced that it has begun selling its Zargis Cardioscan™ heart sound analysis software, along with 3M's (NYSE: MMM) just-released Bluetooth®-enabled 3M™ Littmann® Electronic Stethoscope Model 3200, as part of its previously announced exclusive multi-year global marketing alliance with 3M. This marketing alliance provides Zargis with a wide-range of global marketing and promotional opportunities along with exclusive rights to sell its products through the world-wide distribution network of the 3M™ Littmann® brand.

 

Zargis Cardioscan software, the 3M™ Littmann® Electronic Stethoscope Model 3200 and access to ZargisTelemed™ — Zargis' Internet-based telemedicine portal — can now be purchased online at www.zargis.com.

 

"The ability to record and automatically analyze heart sounds can help improve a clinician's confidence, document complex auscultations, and may keep some patients from going through additional, unnecessary testing," stated Joseph Tartaglia, MD, a practicing cardiologist in White Plains, NY, and clinical assistant professor of medicine at New York Medical College in Valhalla, NY.

 

Cardioscan heart sound analysis software is designed to support physicians in analyzing and interpreting cardiac sounds which can be signs of heart disease. Cardioscan connects wirelessly to the Bluetooth®-enabled 3M™ Littmann® Electronic Stethoscope Model 3200, and integrates with the ZargisTelemed portal — a HIPAA-compliant feature of Cardioscan allowing users to easily share heart sounds recordings, analyzed results and comments with colleagues via the Internet.

 

"At a time when our nation is focused on leveraging technology to improve healthcare efficiency, these devices represents breakthroughs in auscultation that have the potential to reduce unnecessary referrals, and help clinicians detect pathologic heart murmurs earlier in the treatment cycle," stated John Kallassy, CEO of Zargis Medical. "We believe that the use of our software could enhance the physician experience during every patient exam where a stethoscope is used."

 

Zargis and select distributors of 3M™ Littmann® Brand Products will be selling Cardioscan for $395 (retail price) per licensed user — a price point intended to make the device affordable to a variety of healthcare professionals around the world. In addition, access to the ZargisTelemed portal will be priced at $10 per month per licensed user.

 

ABOUT 3M HEALTH CARE

 

3M Health Care, one of 3M's six major business segments, provides world-class innovative products and services to help health care professionals improve the practice, delivery and outcome of patient care in medical, oral care, drug delivery and health information markets.

 

VIRTRA SYSTEMS INCORPORATED (OTC: VTSI)

"Up 62.16% in morning trading"

 

Detailed Quote: http://www.otcpicks.com/quotes/VTSI.php

 

The company produces the best-in-class firearm simulators for both law enforcement and military customers throughout the world. VirTra is the higher standard in simulation: from exceptional customer service to unparalleled technology like 360 degree HD training platforms and the Threat-Fire™ safe return fire system (patent pending). When training realism matters, military and law enforcement professionals consistently select VirTra’s simulators to help save lives.

 

VTSI News:

 

August 25 - VirTra Receives Second Order from Lockheed Martin

 

Bob Ferris, VirTra Systems' (OTC: VTSI) CEO and President, announced that Lockheed Martin has submitted a second purchase order for a customized version of the Threat-Fire™ wireless communication station. This particular station plugs into a USB computer port and permits two-way wireless communication with the Threat-Fire™ belt.

 

VirTra’s patent-pending Threat-Fire™ device safely simulates return fire with a 300 millisecond electric stun (adjustable to 2.5 seconds). The device is easily rechargeable and adds an unparalleled level of simulation. VirTra ardently contends that adding a Threat-Fire™ belt to a simulator provides more realistic and thorough training, allowing the trainee to experience stress and apprehension on par with that of actual combat situations.

 

“I’m energized by Lockheed’s second order and the opportunity to perform custom engineering work to fit some of their unique requirements. I feel this is another indication that Lockheed is impressed with VirTra’s simulation products and I am confident that we will receive additional orders,” said Bob Ferris, CEO and President of VirTra Systems.

 

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Information contained in our report will contain "forward looking statements" as defined under Section 27A of the Securities Act of 1933 and Section 21B of the Securities Exchange Act of 1934. Subscribers are cautioned not to place undue reliance upon these forward looking statements. These forward looking statements are subject to a number of known and unknown risks and uncertainties outside of our control that could cause actual operations or results to differ materially from those anticipated. Factors that could affect performance include, but are not limited to, those factors that are discussed in each profiled company's most recent reports or registration statements filed with the SEC. You should consider these factors in evaluating the forward looking statements included in the report and not place undue reliance upon such statements. We are committed to providing factual information on the companies that are profiled. However, we do not provide any assurance as to the accuracy or completeness of the information provided, including information regarding a profiled company's plans or ability to effect any planned or proposed actions. We have no first-hand knowledge of any profiled company's operations and therefore cannot comment on their capabilities, intent, resources, nor experience and we make no attempt to do so. Statistical information, dollar amounts, and market size data was provided by the subject company and related public information sources which we believe to be reliable but we cannot guarantee the accuracy of the information. To the fullest extent of the law, we will not be liable to any person or entity for the quality, accuracy, completeness, reliability, or timeliness of the information provided in the report, or for any direct, indirect, consequential, incidental, special or punitive damages that may arise out of the use of information we provide to any person or entity (including, but not limited to, lost profits, loss of opportunities, trading losses, and damages that may result from any inaccuracy or incompleteness of this information). We encourage you to invest carefully and read investment information available at the websites of the SEC at http://www.sec.gov/ and FINRA at http://www.finra.org/.

Disclosure: OTCPicks.com has been compensated two thousand five hundred dollars by a third party (BlueWave Advisors) for CGCA advertising and promotional services. OTCPicks.com is being compensated eight thousand dollars by a third party (Stock Awareness Group) for SGDH advertising and promotional services. OTCPicks.com has been compensated one hundred thousand free trading shares by a third party for OPSY advertising and promotional services. OTCPicks.com has been compensated a total of two thousand five hundred dollars for a previous campaign and two thousand five hundred dollars by a third party (BlueWave Advisors) for a current EVII advertising and promotional campaign. OTCPicks.com has been compensated eight thousand dollars by the company for GSAE advertising and promotional services. OTCPicks.com has been compensated three thousand dollars by a third party (Blue Wave Advisors) for one week of UBRG advertising and promotional activities. This compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company. OTCPicks.com is a website partially owned by BlueWave Advisors, LLC, a financial public relations firm. BlueWave Advisors, LLC, its principal and/or its affiliates will hold positions in the company profiled and may buy or sell securities at any time without notice.