Dallas TX 8/28/2009 9:12:49 AM
News / Business

MNAP, FWDG, NYFX, GSPI, MDLK, WLSI OTCPicks.com Stocks to Watch for Friday, August 28th

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

Our Stocks to Watch tomorrow include Manas Petroleum Corp. (OTCBB: MNAP), FutureWorld Energy (OTC: FWDG), NYFIX Inc. (Nasdaq: NYFX), Green Star Products Inc. (OTC: GSPI), Medialink Worldwide Inc. (Nasdaq: MDLK) and Wellstar International Inc. (OTCBB: WLSI).

 

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

 

MANAS PETROLEUM CORPORATION (OTCBB: MNAP)

"Up 16.95% on Thursday"

 

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

 

Manas Petroleum Corporation engages in the acquisition and exploration of oil and gas properties in Central Asia and the Balkans. The company’s wholly-owned subsidiary, DWM Petroleum, focuses on the exploration of oil and gas in Central Asia. It focuses on the exploration of large under-thrust light oil prospects. The company is involved in projects in the Kyrgyz Republic, Albania, Tajikistan, Mongolia and Chile. Kyrgyz Republic The company participates in its oil and gas exploration project in the Kyrgyz Republic through a venture with Santos International Holdings PTY Limited and a Kyrgyz government entity. This venture has five exploration licenses that cover a total area of approximately 569,578 acres (or 2,305 square kilometers). CJSC South Petroleum Company: The company participates in these projects through its 25% interest in CJSC South Petroleum Company (South Petroleum), a joint stock company formed in the Kyrgyz Republic. Albania The company has two production sharing contracts with the Albanian government in Tirana. These agreements comprise four blocks that cover approximately 766,000 acres (or approximately 3,100 square kilometers). The company has initialized a PSC for Blocks 2 and 3 in Albania. The blocks cover approximately 850,000 acres (or approximately 3,400 square kilo meters). Tajikistan In 2007, the Tajikistan government awarded the company’s subsidiary, CJSC Somon Oil Company (Somon Oil), an exploration license in the Fergana Basin covering approximately 303,198 acres (approximately 1,227 square kilometers). The company holds a 90% interest in Somon Oil while Anavak LLC holds the remaining 10%. This license, the West (Novobod-Obchai-Kalacha) license, contains a number of under-thrust leads and prospects including the Khodja-Bakirgan which is several kilometres north of South Petroleum’s South Tuzluk prospect in the Kyrgyz Republic. Chile In 2007, the company created a consortium with Independent Petroleum Resources, with exploration and production operations in North America, North Africa, the Middle East, and Southwest Asia. In 2007, the consortium was awarded a license to explore and exploit the onshore Tranquilo block by Empresa Nacional del Petróleo-Chile. The block (6,760 square kilometers) is situated in the Magallanes Basin in the southern part of Chile. The company incorporated Manas Energia Limitada, a Chilean company, to hold the license.

 

MNAP News:

 

August 27 - Cohen Independent Research Group Issues a 'BUY' Rating with a $6.56 Target Price for Manas Petroleum Manas Petroleum

 

A new research report has been issued on Manas Petroleum (OTCBB: MNAP) by Cohen Independent Research Group, Wall Street's leading independent research firm, with a "BUY" recommendation and a $6.56 long-term price target.

 

To view the report, visit www.cohenresearch.com/reports/mnap_08-26-09.pdf.

 

FUTUREWORLD ENERGY INCORPORATED (OTC: FWDG)

"Up 43.75% on Thursday"

 

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

 

FutureWorld Energy, Inc., a Delaware corporation, is a U.S. diversified energy holding company, listed on the Over the Counter exchange, which was formed to capitalize on the burgeoning markets in renewable and alternative energy technologies globally. FutureWorld Energy, together with its subsidiaries, focused on the identification, acquisition, development, and commercialization of renewable and alternative energy technologies globally. Through established relationships with universities, research centers and government agencies, we strive to identify technologies on the leading edge of innovation that would contribute immensely to the global energy needs while protecting the future for our children and theirs.

 

FWDG News:

 

August 27 - FutureWorld Energy Announces Proposal to Acquire Position in Biomass Energy Sector

 

Company Seeks to Become Leading Provider of Biomass Technologies

 

FutureWorld Energy (OTC: FWDG), a vertically integrated "green" energy holding company, announced the expansion of its footprint into the global biomass industry by acquiring an interest in a world renown private research lab focused on renewable energy sources and biodiesel technology. Based in India, the private research lab provides over eight years of research and development of biofuels and bioenergy using only non-edible feedstock. The Company further announced it is actively seeking to form strategic partnerships and identify potential projects and companies for acquisition, to expand its intellectual holdings, as well as to enter into strategic partnerships with universities focused on research in bio-fuels.

 

"This move represents the second step in our strategic vision to move FutureWorld Energy into full operational status within the biofuels industry, and we are confident that, over time, our acquisition in the sector will deliver considerable value to our shareholders and employees," stated Sam Talari for FutureWorld.

 

"Our goal, since day one, was to find ways to reduce the causes of global warming and work towards solutions that will enable FutureWorld Energy to position ourselves as true pioneers in the area of biofuels and clean technologies. We believe that clean energy and water best represent those core areas, which need to be addressed on both a national and international level. We plan to attempt to work closer with the Obama Administration, Congress, non-profit groups, and the business community to help reduce America's dependence on fossil fuels by creating a marketplace for clean, sustainable sources of energy. With the completion of our first acquisition of SeaTech behind us, and now moving forward with our proposed partnership in the biodiesel arena, FutureWorld Energy is clearly on track with our business strategy to become a leading innovator within the world marketplace for clean, sustainable sources of energy," further stated Talari.

 

ABOUT BIODIESEL

 

Biodiesel is a clean and renewable energy source derived from vegetable oil that can be used in unmodified diesel engines. Biodiesel improves overall engine performance, is 100% compatible with existing diesel vehicles and infrastructure, and has proven reliable in over 50 million miles of road testing. Biodiesel significantly reduces harmful exhaust emissions, which contribute to global warming; is non-toxic at any level; and is the first and only fuel to have passed the Clean Air Act. The United Nations expects biofuels to account for a full 25% of world energy needs by 2025.

 

NYFIX INCORPORATED (NASDAQ: NYFX)

"Up 89.53% on Thursday"

 

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

 

A pioneer in electronic trading solutions, NYFIX continues to transform trading through innovation. The NYFIX Marketplace™ is a global community of trading counterparties utilizing innovative services that optimize the business of trading. NYFIX Millennium® provides the NYFIX Marketplace™ with new methods of accessing liquidity. NYFIX also provides value-added informational and analytical services and powerful tools for measuring execution quality. A trusted business partner to the buy-side and sell-side alike, NYFIX enables ultra low touch, low impact market access and end-to-end transaction processing.

 

NYFX News:

 

August 27 - NYSE Euronext to Acquire NYFIX

 

* Strategically complements NYSE Euronext’s commercial technology business

* Strengthens relationships by merging global trading communities

 

NYSE Euronext (NYX) announced that it has entered into a definitive agreement to acquire, through NYSE Technologies, Inc., its indirect, wholly-owned subsidiary, NYFIX, Inc. (Nasdaq: NYFX), a leading provider of innovative solutions that optimize trading efficiency, in an all-cash deal for $1.675 per share of common stock. The total value of the deal is approximately $144 million, including preferred stock consideration. The NYSE Euronext, NYSE Technologies and NYFIX Boards of Directors have approved the acquisition, which is subject to approval by NYFIX shareholders and customary regulatory approvals. The transaction is expected to close in the fourth quarter of 2009 and to be accretive to NYSE Euronext 2010 earnings, excluding one-time deal and restructuring costs.

 

Upon closing, the NYFIX FIX business, incorporating the company’s industry-leading FIX Software business and the NYFIX Marketplace, will become part of the offerings provided by NYSE Technologies, the commercial technology division of NYSE Euronext. The NYFIX Marketplace is one of the industry’s broadest and deepest FIX-based communities where more than 1,000 global trading counterparties connect to one another via more than 9,000 fully managed FIX-based messaging channels. The integration of both the FIX Software business and the NYFIX Marketplace complements NYSE Technologies’ comprehensive suite of commercial technology products. NYSE Euronext will explore various alternatives for the NYFIX Transactions Services business, including its Millennium® dark pool.

 

NYFIX CEO Howard Edelstein stated: “The agreement we have reached with NYSE Euronext represents substantial value for NYFIX shareholders. This is an all cash deal at a premium to the current market for NYFIX shares. NYFIX customers will also benefit greatly through the combination of two of the industry’s leading trading communities, creating a global transaction marketplace connecting buy-side and sell-side, as well as from the strength of the NYSE Euronext platform and global brand.”

 

“The NYFIX FIX Division complements our strategic corporate goals and technology business, and expands our points of connectivity with customer trading communities,” said Michael Geltzeiler, Executive Vice President and Chief Financial Officer, NYSE Euronext. “There are natural synergies and efficiencies that will be realized both in terms of costs and tax benefits and we believe this transaction will benefit our customers and shareholders.”

 

Stanley Young, Chief Executive Officer of NYSE Technologies and co-CIO, NYSE Euronext, added: “NYFIX is a natural extension of our connectivity business and fits nicely into our SFTI Integrated Partner Solutions, which currently enables hundreds of technology providers to offer value added products and services to participating firms. The synergies will be particularly apparent to the pre-trade buy- and sell-side communities, which will benefit from a broad combination of technology assets and connections for efficient end-to-end transaction processing. We look forward to welcoming the NYFIX community to NYSE Euronext.”

 

Once the acquisition is complete, the NYFIX business will report to Mr. Young. Bob Moitoso will continue to lead the NYFIX FIX business. Mr. Edelstein will stay on through the close of the transaction.

 

"I'd like to thank the members of our Board and the Special Committee that oversaw the process that culminated with this transaction for their hard work over many months, which ultimately produced a strong premium for NYFIX shareholders," said NYFIX Chairman Lon Gorman. "I'd also like to thank Howard Edelstein, who led a complete overhaul of the Company over the past three years that made this transaction possible.”

 

Citigroup is acting as financial advisor and Wachtell, Lipton, Rosen & Katz as legal advisor to NYSE Euronext on this transaction. NYFIX is represented by Evercore Partners as financial advisor and Wilmer Hale as legal advisor. The Special Committee was advised by Greenhill & Co., LLC as financial advisor and Covington & Burling LLP as legal counsel. Evercore Partners provided a fairness opinion to NYFIX's Board of Directors and Greenhill & Co. provided a fairness opinion to the Special Committee and to the Board.

 

GREEN STAR PRODUCTS INCORPORATED (OTC: GSPI)

"Up 84.00% on Thursday"

 

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

 

Green Star Products, Inc., through its subsidiaries, engages in the production and sale of renewable clean-burning bio-diesel and other products, including lubricants, additives, and devices that are used in vehicles, machinery, and power plants. It offers SuperBAT total vehicle treatment, an anti-friction metal treatment used in various internal combustion engines, transmissions, power steering, and wheel bearings. The company also offers a lubricant formula of biodegradable cutting oil for machine shops, as well as water soluble AFT cutting oil for CNC machines. In addition, it engages in the development of fuel economy, power improvement, and emission reduction technologies for internal combustion engines and hybrid electric drive systems. Further, the company produces super-ethanol. It markets and sells its products in the United States and internationally. The company, formerly known as B.A.T. International, Inc., is based in Chula Vista, California.

 

GSPI News:

 

August 27 - Global Green Cars and Green Star to Showcase New 2010 Electric Vehicles with Free Public Test Drive Demos Across the Nation

 

Green Star Products, Inc. (OTC: GSPI) and Global Green Cars, Inc. (GGCI) announced that they will unveil their 2010 G-3 Electric Delivery Mini-Truck to the public and the media this weekend August 29th and 30th in Utah. The event will take place at the Rocky Mountain Speedway (near Salt Lake City) 6555 W 2100 S, West Valley City, UT 84128, (801) 252-9557, from 1 PM to 6 PM where the G-3 Mini-Truck will be the Pace Car (see www.GlobalGreenCars.com). The event will include free test drives for the general public.

 

On Friday, Aug. 21, GGCI held a preview unveiling of the 2010 G-3 model vehicle to selected interested parties both at downtown Salt Lake City and at Snowbird Ski Resort.

 

Mr. Brooks Agnew, President of GGCI, stated, “The G-3 vehicle received unanimous praise on performance, handling and visual acceptance by all who attended the private event.”

 

Mr. Agnew further stated, “The 2010 vehicle models will be equipped with advanced batteries including nickel-based batteries, which now come as standard equipment on the 2010 G-3 Intra-City Electric Delivery Mini-Truck.” Mr. Agnew stated that these batteries offer a much extended range capability over lead-acid batteries and have superior performance. These nickel-based batteries are also much safer than lithium batteries now being showcased by other vehicle manufacturers.

 

GGCI plans to showcase this vehicle across the United States during the coming months to demonstrate its range performance abilities. The 2010 model vehicles are scheduled to be crash tested starting January 2nd, 2010, far ahead of its competitors in Detroit. In late Spring or early Summer 2010, GGCI plans to start production of the 2010 vehicle models. Starting prices for the 2010 Electric Delivery Mini-Truck are in the range of $25,000 dollars, which are far below any anticipated prices of competitors. The sticker price does not take into account significant rebates from the Federal Government and several States, which could bring the final price below $20,000 dollars.

 

ABOUT GLOBAL GREEN CARS

 

Global Green Cars (GGCI) is a private company with an International Automobile Consortium of auto industry partners, part suppliers, and electric vehicle component suppliers that have strategic plans for mass production of high performance electric vehicles in the United States and abroad. Green Star Products is a strategic alliance partner providing engineering and technology to the GGCI Consortium.

 

MEDIALINK WORLDWIDE INCORPORATED (NASDAQ: MDLK)

"Up 72.14% on Thursday"

 

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

 

Medialink is a leader in providing unique news and marketing media strategies and solutions that enable corporations and organizations to inform and educate their target audiences with maximum impact on television, radio, and the Internet. Based in New York, Medialink has offices in major cities throughout the United States.

 

MDLK News:

 

August 27 - Medialink Files Definitive Proxy For NewsMarket Deal

 

Special Meeting to be held on September 25, 2009

 

Medialink Worldwide Incorporated (Nasdaq: MDLK), a leading provider of diversified media services for professional communicators and marketers, today announced that it filed with the Securities and Exchange Commission its definitive proxy statement related to the previously announced merger with a subsidiary of The NewsMarket, Inc.

 

As previously disclosed, on July 1, 2009, Medialink entered into an Agreement and Plan of Merger pursuant to which The NewsMarket, through a newly-formed wholly-owned subsidiary, will acquire all of the outstanding shares of Medialink's common stock at a price of $0.20 per share in cash. The Merger Agreement is subject to approval by Medialink's shareholders. Medialink's board of directors has unanimously recommended a "for" vote approving the Merger Agreement.

 

Medialink also announced that it will be holding a Special Meeting of its shareholders on September 25, 2009, for the approval of the Merger Agreement. The proxy statement will be mailed beginning on or about September 2, 2009, to all of Medialink's shareholders of record as of the close of business on August 3, 2009. Medialink and The NewsMarket continue to work on a comprehensive integration strategy to ensure a smooth and speedy transition after closing.

 

"We are thrilled to be proceeding with the proxy process and are looking forward to obtaining shareholder approval at the Special Meeting," said Kenneth Torosian, Chief Financial Officer of Medialink. "The preliminary integration work and the transition planning we have been doing with The NewsMarket have been going extremely well, reinforcing our optimistic view of the opportunities the merger will afford the combined entity."

 

ABOUT THE NEWSMARKET

 

The NewsMarket is the leading platform used by global brands, governments and NGOs to communicate with all their key audiences using video. The NewsMarket combines award-winning, proprietary technology with a unique, strategic approach to support the marketing programs of the world's leading brands. The company's media site (www.thenewsmarket.com) is used by more than 25,000 media outlets in 190 countries to view and order free news video. Headquartered in New York, the company also has offices in London, Ahmedabad, Mumbai, Beijing and San Francisco.

 

WELLSTAR INTERNATIONAL INCORPORATED (OTCBB: WLSI)

"Up 50.00% on Thursday"

 

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

 

Wellstar International, Inc., through its wholly owned operating subsidiary Trillenium Medical Imaging, Inc. (TMI), is poised to become a leading diagnostic company in the health care industry. TMI has developed and is marketing fully calibrated and functional, thermal imaging systems that utilize state-of-the-art infrared technologies and proprietary software to accurately and cost-effectively measure physiological changes in the human body. More information on the Company and its unique diagnostic software and product line is available on Wellstar's corporate Website.

 

WLSI News:

 

March 9 - Wellstar International, Inc. Secures $250,000 of New Financing

 

Wellstar International, Inc. (OTCBB: WLSI), a provider of specialized diagnostic software and equipment, announced today that it has secured $250,000 in financing through a private transaction with an accredited private investor. The financing will provide the Company adequate initial funding to start the roll-out of its thermal imaging systems that detect early signs of pressure ulcers among patients that are bed-ridden. However, the Company will need additional capital to implement its first installations, in which the Company is in final stages of agreement with private equity firm, Fairhills Capital, who earlier this week signed a LOI for up to $1 Million in equity funding.

 

Wellstar's CEO John Antonio stated, "We are pleased with the confidence that our newest investor has placed in our ability to reach our next milestone. Through our innovative thermal imaging systems, Wellstar will become the leader in early detections of pressure ulcers throughout the healthcare industry. Our goal is simple; we want to provide the healthcare industry with a critical tool that will help them save lives and curtail potential liability by simply detecting the pressure ulcers before its outbreak."

 

The company has developed its thermal imaging system for various applications. The TMI technology and software has been approved by the FDA as an Adjunctive Diagnostic Screening Procedure for early breast cancer detection, differential diagnoses of pain dysfunctions (such as Reflex Sympathetic Dystrophy, Neuromuscular Skeletal Syndromes and neurological disorders), for the early detection of pressure ulcers, deep tissue injuries, and bedsores, as well as for orthopedic applications. The company has plans to market diagnostic systems for all of the above mentioned applications.

 

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Disclosure: OTCPicks.com has been compensated eight thousand dollars by a third party (Mickey Reno) for FWDG advertising and promotional services. OTCPicks.com has been compensated two thousand dollars by a third party (Blue Wave Advisors) for GSPI advertising and promotional services.