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

The gains follow a strong run for stocks. The market has risen eight of the past nine days and the Standard & Poor's 500 index is up 58 percent from a 12-year low in early March.

Many economists consider unemployment the biggest obstacle to an economic recovery so signs of improvement are welcome for investors who have been looking for evidence that a recovery is at hand.

The Labor Department said workers filing for jobless claims for the first time dipped to 545,000 last week from an upwardly revised 557,000 the previous week. Economists polled by Thomson Reuters were expecting claims to rise.

It was the lowest level of new claims since early July, indicating job cuts could be easing. However, those continuing to file for claims increased to 6.2 million. Economists were expecting continuing claims to total about 6.1 million.

Separately, the Commerce Department said housing starts increased in August to their highest level in nine months amid a jump in apartment building. Housing starts rose 1.5 percent to an annual rate of 598,000 units last month, just below the 600,000-unit pace economists had forecast.

In midmorning trading, the Dow Jones industrial average rose 22.82, or 0.2 percent, to 9,814.53. On Wednesday, the Dow jumped 108 points to a high for the year.

Yesterday’s Top Performing Small Cap stock:

Mantra Venture Group Ltd. (OTC BB: MVTG) was a SmallCapVoice.com top performer yesterday closing up over 8% on trading volume of 236,424 shares.

Mantra Venture Group Ltd. ('Mantra', OTCBB: MVTG, FSE: 5MV) is pleased to announce that it has been selected to participate in the Metro Vancouver 2010 Partnership Investment Program - an initiative by Metro Vancouver Commerce (MVC) to bring together some of the world's top business leaders during the 2010 Olympic games being held in Vancouver, British Columbia. MVC will be inviting a consortium of 50 companies from around the world for the event, including global leaders in environmental technologies, renewable energies, Ag-biotech/agri-food, green building products, financial and business services and more.

Today’s SmallCapVoice.com Hot Stock to Watch:

The Wyncrest Group, Inc. (Pink Sheets: WNCG)

As was announced on July 28th, 2009, The Wyncrest Group, Inc., a niche insurance consortium, today reaffirms that its pending acquisition of Florida Insurance Consulting Inc. is moving forward towards an agreement on the terms for the acquisition. Wyncrest has been provided with (FIC) financials and is in the process of its due diligence. The acquisition is still targeted for completion in the 4th quarter. Once again, this acquisition is an important key to our growth in the Latin American markets. With the huge growth of the Spanish speaking population in the US, many markets are underrepresented and many families and businesses need an insurance and financial services provider.

Wyncrest plans to acquire insurance and financial services businesses and capitalize their most valuable asset of interest being the customer database with servicing contracts. These acquired customers and agent relationships provide immediate cash flow with little variable cost with fertile prospects for add on business with new clients and affiliate agents.

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.

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