Dallas TX 9/18/2009 12:23:39 AM
News / Business

AEXP, DVME, MDOR, MPPC, EWRC, SPDE, IOPM, HYTM, SEED, LLBO, ALRT OTCPicks.com Daily Market Movers Digest Midday Report for Thursday, September 17th

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Our Stocks to Watch today include American Exploration Corp. (OTCBB: AEXP), Diverse Media Group Inc. (OTC: DVME), Magnum d'Or Resources Inc. (OTCBB: MDOR), myPhotopipe.com Inc. (OTC: MPPC), eWorld Companies Inc. (OTC: EWRC), Speedus Corp. (Nasdaq: SPDE), IntraOp Medical Corp. (OTCBB: IOPM), Hythiam Inc. (Nasdaq: HYTM), Origin Agritech Ltd. (Nasdaq: SEED), Lifeline Biotechnologies Inc. (OTC: LLBO) and ALR Technologies Inc. (OTCBB: ALRT).

 

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

 

AMERICAN EXPLORATION CORPORATION (OTCBB: AEXP)

"Up 42.86% in morning trading"

 

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

 

Company Profile: http://www.otcpicks.com/american-exploration-corp.htm

 

American Exploration Corp. is engaged in the exploration and development of oil and gas prospects with the potential for discovery of new or unconventional hydrocarbon resources in the continental United States.

 

AEXP News:

 

September 17 - American Exploration Corp. and Mainland Resources, Inc. Enter Into Letter Agreement to Jointly Develop Mississippi Acreage

 

American Exploration Corp. (OTCBB: AEXP) (Frankfurt: EQO), a Nevada company ("the Company"), and Mainland Resources, Inc. (OTCBB: MNLU) (Frankfurt: 5MN) have entered into a Letter Agreement to jointly develop their contiguous acreage in Mississippi.

 

American Exploration will commit approximately 5000 net acres to the project and Mainland Resources will commit approximately 8500 net acres. This represents a total of 13,500 net acres to the composite project area.

 

Mainland Resources will act as the Operator of the project area and has agreed to pay 80% of the initial well (drilling and completion costs) for a 51% working interest in the well and total project area. American Exploration will pay 20% of the initial well (drilling and completion costs) to earn a 49% working interest in the well and total project area. The additional costs (ie. drilling, completions etc.) for oil and gas activities on the 13,500 net acre project area will be split on a 49% / 51% basis between American and Mainland respectively.

 

Mainland has a proven track record in the Haynesville shale having participated in the drilling and completion of two producing wells and a third well that is slated for completion on its lands in DeSoto Parish in Northwest Louisiana.

 

Company President Steve Harding states, "Working with Mainland Resources, Inc. is an ideal situation for American Exploration. They have had great success in the Haynesville shale in Louisiana and with our combined land position, we have secured enormous upside for our company on this exceptional prospect. We welcome the opportunity and look forward to moving into the drilling stage."

 

DIVERSE MEDIA GROUP INCORPORATED (OTC: DVME)

"Up 14.29% in morning trading"

 

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

 

Company Profile: http://otcpicks.com/Newsletter/DVME_eProfile_091709.html

 

Diverse Media Group, Inc. (OTC: DVME) is an entertainment company that aggregates expertise across all aspects of the media industry. Diverse Media Group has at its core the established 27-year history of its wholly owned subsidiary, Diverse Talent Group. Diverse Talent Group is now the 10th largest Hollywood agency offering talent and literary representation in commercials, episodic television, cable programming and motion pictures. The company has the ability to create programming, foster distribution and represent talented individuals to fuel a new digital age of content generation. The parent company also includes the subsidiary Talent Quest America, Inc., which identifies new and rising talent representing the future of the Hollywood entertainment community.

 

DVME News:

 

September 16 - Diverse Media Group Inc. (DVME) Finalizes Joint Venture to Create Celebrity Superhero Franchises

 

Diverse Media Group, Inc. (OTC: DVME) has completed the acquisition of a 50% equity interest in Celebrities in Action, Inc. (“CIA”) in a joint venture to create new superhero character franchises based on real-life Hollywood celebrities. The new characters will be developed with major stars of film, music, television and sports. Plans include original storylines spanning television, film, mobile and home entertainment, video games, publishing, consumer products and merchandising.

 

Celebrities In Action, Inc. is a vertically integrated entertainment company that develops, produces and distributes proprietary and licensed entertainment content, with a particular focus on animated celebrities.

 

Diverse Media Group purchased 37,500,000 shares of CIA common stock, representing 50% of all authorized shares of Celebrities In Action, Inc. In exchange, Diverse Media Group agreed to assume CIA's responsibilities in signing up celebrities and/or well-known athletes to participate in the creative joint venture with Stan Lee's POW! Entertainment, Inc. Diverse Media Group also agreed to issue 20,400 shares of its Series A Preferred Stock to Fordee CA Trust, the majority CIA shareholder, exchanged for the acquisition of California PA Trust, a California business trust owned by Fordee, and Fordee’s release of its option to acquire the 37,500,000 shares of common stock in CIA.

 

CIA has an existing joint venture with Stan Lee’s POW! Entertainment banner to develop, produce and distribute animated programming, content and merchandise based on the premise of real-life celebrities in competition against characters from other worlds. Diverse Media Group will identify and secure the celebrity participation and Stan Lee will provide the creative vision to shape these novel superhero personas.

 

Praised as “a legend” worldwide and honored with his own Hasbro “Marvel Legends” action figure, Stan Lee is associated with such breakthrough superhero characters as Spider-Man®, The Incredible Hulk®, The Fantastic Four®, X-Men®, Iron Man® and Daredevil®. He is also recognized as an innovator in creating new media opportunities and revenue streams for the superhero genre. Among his accomplishments, Stan Lee is credited with leading the expansion of Marvel Comics from a small division of a publishing house to a multimedia corporation, and developing his characters into longstanding franchises.

 

Hollywood talent agent Chris Nassif, founder of Diverse Talent Group and its parent company, Diverse Media Group, Inc., commented, ”Stan Lee has excelled as a visionary, a leader in the global media industry and a creative talent whose complex fictional characters have become living, breathing members of our world. We are delighted to provide the setting for him to create characters based on real stars, which taps into the resources of CIA, POW! Entertainment, and Diverse Media Group.”

 

Lee’s POW! Entertainment company has a first-look deal with Disney, which last month acquired his former company, Marvel Comics, for $4 Billion.

 

MAGNUM D'OR RESOURCES (OTCBB: MDOR)

 

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

 

Company Profile: http://www.otcpicks.com/magnum-resources/magnum-resources.htm

 

Magnum d'Or Resources, Inc. focuses in operating in recycling and waste management sectors. It intends to develop facilities that produce rubber powders, thermoplastics, and thermoplastics elastomers. Magnum holds licensing rights to various patents that would allow rubber to be devulcanized, specialty blend EPDM powders, and EPDM compounds. The company was founded in 1999 and is based in Ft. Lauderdale, Florida.

 

MDOR News:

 

September 17 - Emerging Stock Report Initiates Independent Research Coverage on Magnum d'Or Resources Inc.

 

Emerging Stock Report, a leading provider of sector specific independent investment research, initiated coverage on Magnum d'Or Resources Inc. (OTCBB: MDOR). Emerging Stock Report is currently offering a complimentary trial subscription. To view the company's research, go to www.emergingstockreport.com.

 

September 16 - Greentech International Advisors Announces Shareholder Update for MDOR and Releases Key Data on New Positive Developments

 

Greentech International Advisors, Inc announces key data on Magnum D'Or Resources, Inc. (OTCBB: MDOR), a next generation rubber recycling solutions company. Recent news headlines regarding MDOR have claimed major property acquisitions as well advancements entailing revolutionary custom compounds and their uses worldwide; such claims have attracted a significant number of international investors and caused an increase in liquidity and appreciation of share price. Therefore, and due to many recent developments Greentech, would like to announce the following:

 

First, Greentech has been in contact and negotiations with large financial institutions regarding establishing strong equity positions in MDOR. The results of such contacts will be revealed as well as the identities of such institutions in the very near future and upon completion of all necessary documentation.

 

Second, Greentech has received many enquiries regarding the current filming of the Magog and Colorado operations, which is will to be aired worldwide. The shoot has already commenced (view here) and will be completed on Sept 17th, 2009, followed by editing. Greentech will be announcing the dates of the airing within the next two weeks. View more info on the 2 upcoming MDOR TV Series (click here).

 

Third, that Magnum SRI is currently in possession of the test results for the Revolutionary Light Truck Custom Compound and will release the results publicly by or before Sept 19th, 2009.

 

Fourth, Magnum will be updating the market with some new positive developments in the next two weeks, regarding its progress in relation to engineering, equipment and operation of its newly acquired 120+ acre facility and tire landfill in Hudson, Colorado.

 

Greentech is very excited to be involved with Magnum and is looking forward to the exciting weeks ahead. Moreover, Greentech is confident that the weeks to come will unveil more substantial achievements and positive news which will significantly advance Magnum and position it as a world leader in the market of recycled tires, rubber, and compounds.

 

MYPHOTOPIPE.COM INCORPORATED (OTC: MPPC)

 

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

 

Company Profile: http://www.otcpicks.com/myphotopipe/myphotopipe-2.htm

 

MyPhotopipe.com Inc. is a US-based provider of online digital photo processing and related services catering to high-end amateur and professional photographers. The Company’s primary web portal is www.myphotopipe.com. Its services include photo finishing and printing, online sharing, photo books, digital photo templates, and online hosting and selling of photographs. The Company provides services to more than 18,500 professional and high-end amateur photographers nationwide; more than 190,000 copies of its software have been downloaded and are in use.

 

MPPC News:

 

September 16 - myPhotopipe.com Launches Technology Platforms for Retail and Commercial Users

 

myPhotopipe.com, Inc. (OTC: MPPC) announced the completion of a suite of online digital photo tools that will allow retailers and other vendors to seamlessly integrate with the Company's photo print lab and purchase print processing services.

 

"This is huge for us and for our customers," stated Darren Schiff, Chief Operating Officer of myPhotopipe.com, Inc. "There are hundreds of web sites and retailers that offer prints to their customers. Until now, they had few, if any, options for high quality print fulfillment and were literally forced to work with high-volume, low-end processors. That doesn't work if quality is the name of the game and better quality prints are in high demand. These companies can now access our professional lab for back-end fulfillment, using an entirely automated suite of web-based tools. They get professional prints at competitive prices and are able to seamlessly access the capabilities of a professional lab. We believe we are the first professional lab to offer this level of integration."

 

Schiff estimated that the Company's new Application Programming Interface ("API") will allow myPhotopipe.com to compete for the tens of millions of dollars that are currently funneled to print processors through independent front-end retailers and photo hosting sites. "Because prints are family treasures that last a lifetime, quality has become a defining feature," noted Schiff. "By writing to our API, we provide these retailers with access to high quality, professional services and the finest prints in the nation. The retailers own the customers. We handle the fulfillment. Everyone wins."

 

The Company's proprietary API allows myPhotopipe.com to serve as the back-end provider to any web site or retailer that offers prints to its customers. This includes fashion sites that provide composition prints for models, sites used by professional photographers to sell "event" photos, and countless others that earn revenues for the processing of digital photos into prints.

 

Schiff expects an incremental revenue bump from the onset, with the potential to double corporate revenues though API services. "It's all about servicing the digital age with better features and a professional back-end product," said Schiff. "We expect to announce our first customer for this service within the next few weeks."

 

EWORLD COMPANIES INCORPORATED (OTC: EWRC)

 

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

 

Company Profile: http://www.otcpicks.com/eworld-companies/eworld-companies.htm

 

eWorld Companies, Inc. is an online marketing & advertising technologies company that develops and markets cutting edge technologies using rich media, flash, animation and 3D graphics to help individuals and businesses market and advertise online. eWorld's revenue model consists of seven components: (1) Affiliation Fees, (2) Affiliate Monthly Subscriptions, (3) Affiliate Benefit Subscriptions, (4) Product Sales, (5) Advertising Revenues, (6) Web Development Accounts, and (7) International Licensing Fees.

 

EWRC News:

 

September 17 - CEO Henning Morales Goes to Washington D.C. and Kicks Off Sponsorship Alliance With National Hispanic Foundation for the Arts at Gala Event Where Supreme Court Justice Sonia Sotomayor Was Special Guest

 

eWorld Companies, Inc. (OTC: EWRC) and the National Hispanic Foundation for the Arts have agreed to a series of cross-promotional efforts to promote one another's activities and charitable causes. The program got under way this week in Washington, D.C. when eWorld was presented Monday evening at a VIP Salon Dinner and Tuesday night at the Foundation's Annual Gala. This year's gala was themed "Noche Musical" to help launch "Latin Music USA," a four-part PBS documentary airing next month, and the guest list included a veritable "Who's who" of insiders from Washington, Wall Street and the entertainment industry including special guest new Supreme Court Justice Sonia Sotomayor. Others in attendance included Secretary of Labor Hilda Solis, FCC Chairman Julius Genachowski, Executive Director of the President's Commission on the Arts & Humanities Rachel Goslins, and a wide range of A-list celebrities, politicos, and executives including representatives from NBC Universal, Disney/ABC, Fox Entertainment, CBS Corporation, Ford Motor Company, AT&T, The Coca-Cola Company and others. eWorld was represented by CEO Henning Morales and Sr. VP Don Grenough, and video footage and still photos of the event will be available soon on eWorld's Boomerang Media Station™.

 

eWorld and NHFA will continue to work together on a series of additional activities, including eWorld's sponsorship of a special fund-raising event for NHFA's charitable causes, which will take place in Los Angeles during Grammys week, in conjunction with the eWorld Music Awards Show on January 29, 2010.

 

The NHFA was co-founded by Jimmy Smits, Sonia Braga, Esai Morales, Merel Julia (widow of Raul Julia), and Washington, D.C. attorney Felix Sanchez, to increase participation of Hispanics in the entertainment industry. The Foundation offers graduate scholarships and an outreach program at prominent colleges and universities for young Latinos aspiring to careers in entertainment and media. It also seeks to expand career opportunities for existing talent in all aspects of entertainment, telecommunications and performing arts.

 

SPEEDUS CORPORATION (NASDAQ: SPDE)

"Up 140.62% 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:

 

September 17 - Zargis Receives FDA Clearance for Signal X6 Telemedicine Device; OK Allows Delivery to US Army

 

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 received U.S. Food and Drug Administration (FDA) clearance to market its new Signal X6™ device. Zargis also announced the delivery of seven Signal X6 devices to the U.S. Army for deployment in six Department of Defense medical facilities.

 

Signal X6 is noninvasive, easy to use and simultaneously records heart and lung sounds from six adhesive sensors. The recordings can be evaluated locally or, for locations where a cardiac specialist is not immediately available for consultation, transmitted through the Internet for remote evaluation. Signal X6 and our recently launched Zargis Cardioscan™ device were both designed for user-friendly digital heart sound analysis. The configuration of the Signal X6 provides a unique telemedicine resource in situations where evaluations would benefit from high fidelity multi-channel synchronous recordings.

 

"As healthcare systems continue to demand improved outcomes with utilization of fewer resources, we believe that Signal X6 will provide cost-effective, high quality cardiac analysis in situations where it's not practical for a patient to visit a specialist," said John Kallassy, Zargis' CEO.

 

Prototypes for Signal X6 were first developed with funding from the Telemedicine and Advanced Technology Research Center (TATRC) through the AAMTI program. The AAMTI program provides funding to AMEDD personnel to demonstrate technology and document the impact on cost, access and quality of care. TATRC (www.tatrc.org) is an element of the United States Army Medical Research and Materiel Command (USAMRMC).

 

ABOUT ZARGIS MEDICAL CORPORATION

 

Zargis Medical Corp. develops advanced diagnostic decision support products and services for primary care physicians, pediatricians, cardiologists and other healthcare professionals. Zargis was formed in 2001 when Siemens Corporate Research, a division of Siemens AG (NYSE: SI), and Speedus Corp. co-invested to develop and market an advanced acoustic technology designed to detect heart abnormalities identified through analysis of heart sounds.

 

INTRAOP MEDICAL CORPORATION (OTCBB: IOPM)

"Up 20.59% in morning trading"

 

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

 

IntraOp Medical Corporation provides innovative technology solutions for the treatment and eradication of cancer. Founded in 1993, IntraOp is committed to providing the tools doctors need to administer intraoperative radiation therapy safely and effectively — for all cancer patients. The company’s flagship product, the Mobetron, is the first fully portable, self-shielding intraoperative electron radiation therapy device designed for use in any operating room. Key Mobetron benefits include: increased survival rates, better local tumor control, shorter treatment cycles, immediate palliative effect, and fewer side effects. Leading hospitals, from university research centers to specialized cancer clinics world-wide are increasingly using the Mobetron to treat a wide variety of cancers as a vital part of their comprehensive cancer program.

 

IOPM News:

 

September 15 - Groundbreaking Breast Cancer Radiation Technique Delivers Proven Long-Term Benefits and Saves Lives

 

One minute of radiation in the operating room (OR) could save the lives of thousands of women being treated for breast cancer in the US today. According to a growing body of research, a 60-second course of radiation therapy delivered during surgery dramatically improves results. But, until recently, logistical and administrative difficulties prevented most patients from receiving this crucial treatment until weeks after their procedures.

 

Now, a portable, self-contained radiation therapy system, the Mobetron from IntraOp Medical Corporation (OTCBB: IOPM) in Sunnyvale, Calif., is changing all that. St. Joseph Hospital (Orange, Calif.), one of only 16 prestigious designated National Cancer Institute Community Cancer Centers, this month introduced the first ongoing intraoperative electron radiation therapy (IOERT) program for breast cancer. During lumpectomy surgery, St. Joseph’s patients receive a high dose of therapy focused specifically on the tumor site, known as a “boost.” Given the benefits, other facilities are expected to follow suit.

 

Felix Sedlmayer, MD, one of the world’s leading IOERT researchers and the principal investigator of IOERT boost trials conducted by six European medical centers over the past decade, concluded that IOERT cut breast cancer five year recurrence rates dramatically, from an average of 5% to less than 1%.

 

“If the IOERT boost were a standard technique in the US, every year, more than 5000 breast cancer recurrences could have be avoided,” according to Roland Reitsamer, MD, a surgeon at the University of Salzburg, where the technique has been studied extensively for the past decade. Each one of those recurrences typically would result in a subsequent mastectomy, which also would be avoided. A prestigious Lancet review of studies on breast cancer found a 25% increase in 15 year survival for patients with no recurrences at five years, suggesting that IOERT boost could have a significant impact on the survival of thousands of women worldwide.

 

What Every Woman Should Know About Intraoperative Radiation

 

It seems a matter of common sense. Lumpectomy is typically followed by a six-week course of radiation therapy to help eliminate any remaining malignant cells. Treatment takes place at least four weeks after surgery when the breast has healed. Because traditional, post-operative radiation is delivered externally, it must pass through the body to reach diseased areas, and healthy tissue may be damaged in the process. Additionally, once surgery is complete, physicians no longer have direct access to the target area to easily and precisely deliver radiation.

 

So why not begin the radiation treatment during the surgery itself? This would immediately target any remaining cancer cells, while allowing complete access to the tumor area for greater precision in radiation delivery. It also would spare radiation dose to surrounding tissue and reduce the number of days a woman has to travel to a cancer center for external treatment after surgery. In fact, at St. Joseph, IOERT will shorten the course of post-operative radiation by seven to 10 days by delivering the targeted boost dose prior to, rather than after, traditional treatments.

 

“The answer is that intraoperative radiation simply hasn’t been practical until now,” explains John Powers, CEO for IntraOp. ”Without the Mobetron, the treatment would mean equipping a special operating room with a costly, unwieldy 18,000 pound linear accelerator to generate radiation as well as a shielded radiation vault to protect staff from repeated exposure to this radiation. This is just not feasible for most hospitals.”

 

The other alternative, Mr. Powers points out, has been transferring patients under anesthesia with an open incision from the OR to a radiation therapy center, typically located offsite. This significantly increases the risk and duration of surgery and anesthesia. The result: despite its enormous benefits, IOERT has rarely been used in the US for breast patients.

 

However, IOERT has been heavily investigated in major European university hospitals and is currently in use in more than a dozen facilities. This is not surprising because historically the European medical system has been an early adopter of promising new paradigms for breast cancer diagnosis and treatment, including mammography, breast conserving lumpectomy and sentinel node biopsy.

 

The Mobetron

 

Specifically optimized for IOERT, the IntraOp Mobetron incorporates a range of technological innovations to make all the benefits of this treatment realistic and practical for women and their doctors around the world. The innovative system eliminates the risk, time, cost and complexity of IOERT by enabling delivery in any standard OR.

 

Unlike conventional linear accelerators, the Mobetron is relatively lightweight and can be wheeled among different OR locations. The Mobetron requires no external radiation vault or bunker because patented technologies eliminate most stray room radiation generated by conventional accelerators and because of its patented self-shielding,

 

To operate the device, following tumor excision, a Mobetron applicator tube is temporarily inserted into the breast to provide precise treatment directly to the tumor bed. The Mobetron is positioned for radiation delivery, and the one-minute treatment takes place.

 

HYTHIAM INCORPORATED (NASDAQ: HYTM)

"Up 18.71% in morning trading"

 

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

 

Hythiam, Inc. provides through its Catasys subsidiary, specialized behavioral health management services to health plans, employers and unions through a network of licensed and company managed health care providers. The Catasys substance dependence program was designed to address substance dependence as a chronic disease. The program seeks to lower costs and improve member health through the delivery of integrated medical and psychosocial interventions in combination with long term care coaching, including the proprietary PROMETA® Treatment Program for alcoholism and stimulant dependence. The PROMETA Treatment Program, which integrates behavioral, nutritional, and medical components, is also available on a private-pay basis through licensed treatment providers. Hythiam does not practice medicine or manufacture, distribute, or sell any medications and has no relationship with any manufacturers or distributors of medications used in the PROMETA Treatment Program.

 

HYTM News:

 

September 17 - Hythiam Enters into Agreement with Ford Motor Company for Catasys Integrated Substance Dependence Solution

 

Hythiam, Inc. (Nasdaq: HYTM) announced that the Company has entered into a three year agreement with Ford® Motor Company to provide the Catasys® integrated substance dependence solution to Ford’s hourly employees in Michigan enrolled in the National PPO and who meet certain criteria. Eligible employees struggling with alcoholism, stimulant and opiate dependence will be covered under the program, which contains medical interventions including naltrexone, Suboxone® and the proprietary PROMETA® Treatment Program, and psychosocial and care coaching components across 52 weeks. The Company will conduct direct outreach to enroll qualified members, and will also work with UAW-Ford and Ford’s EAP program to ensure the most beneficial treatment pathway for members. Contractual revenues from the agreement are based on a combination of monthly fees for the member population for Catasys, with additional monthly fees for members enrolled into the Catasys program. Operational implementation is expected to begin shortly, and the program is anticipated to launch in the fourth quarter of 2009.

 

“We are pleased by the level of support we received from UAW-Ford and Ford’s management personnel,” said Terren Peizer, Hythiam’s Chairman and CEO. “Our ability to engage and contract with employers and health plans highlights the flexibility of our program to address substance dependence challenges faced by diverse payors and their member populations. We have realigned our company and developed Catasys for the managed care market, and it is rewarding to have a new agreement that further publicly validates our product and business model. Ford’s desire to improve employee care and productivity demonstrates a significant opportunity for health plans to provide their customers the Catasys solution. We look forward to additional agreements over the coming months, and we remain focused on providing effective solutions that enhance member care and improve clinical outcomes, resulting in lower total health care costs. This is especially important as payors face multiple challenges including the recently passed mental health parity and addiction equity bill (Wellstone Domenici Mental Health Parity and Addiction Equity Act of 2008), and increasing budgetary constraints at a time of rising substance dependence rates due to the current economic environment.”

 

Various studies, research and other resources demonstrate that:

 

* Problems related to alcohol and drug abuse cost American businesses roughly $81 billion in lost productivity each year.

* 77% of illicit drug users in the United States are employed.

* 500 million workdays are lost annually due to alcoholism.

* Up to 40% of industrial fatalities and 47% of industrial injuries can be linked to alcohol use and alcoholism.

* Employees who use drugs are 3.6 times more likely to be involved in a workplace accident and 5 times more likely to file a workers’ compensation claim.

* Employees who use drugs are 2.2 times more likely to request early dismissal or time off, 2.5 times more likely to have absences of eight days or more, and 3 times more likely to be late for work.

 

Catasys is focused on improving member care and providing better clinical outcomes in an effort to reduce overall health care costs. Catasys was designed to manage substance dependence as a chronic disease, with a focus on integration between evidence-based medical and psychosocial elements in an outpatient setting, combined with care coaches who will guide and assist members with long-term recovery. Catasys includes identification, engagement, treatment, coaching and ongoing monitoring components directed at providing members with a customized pathway to recovery. The delivery of the program’s medical and psychosocial components is conducted by a trained specialty network of providers who are addiction specialists, and who organize care with care coaches through Catasys’s IT technology platform. Catasys also conducts outreach to qualified members and coordinates with client resources to enroll them in the program, including a focus on reducing barriers to treatment.

 

ABOUT HYTHIAM® AND CATASYS®

 

Hythiam, Inc. provides through its Catasys subsidiary, specialized behavioral health management services to health plans, employers and unions through a network of licensed and company managed health care providers. The Catasys substance dependence program was designed to address substance dependence as a chronic disease. The program seeks to lower costs and improve member health through the delivery of integrated medical and psychosocial interventions in combination with long term care coaching, including the proprietary PROMETA® Treatment Program for alcoholism and stimulant dependence. The PROMETA Treatment Program, which integrates behavioral, nutritional, and medical components, is also available on a private-pay basis through licensed treatment providers. Hythiam does not practice medicine or manufacture, distribute, or sell any medications and has no relationship with any manufacturers or distributors of medications used in the PROMETA Treatment Program.

 

ORIGIN AGRITECH LIMITED (NASDAQ: SEED)

"Up 29.65% in morning trading"

 

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

 

Founded in 1997 and headquartered in Beijing, Origin Agritech Limited is China’s leading, vertically-integrated agricultural technology company specializing in agri-biotech research, development and production to supply the growing populations of China. Origin develops, grows, processes, and markets crop seeds to farmers throughout China and parts of Southeast Asia via a network of approximately 3,800 first-level distributors and 65,000 second-level distributors and retailers. The hybrid seed industry is estimated at US $2.5 billion and that is expected to double within the next five years. The Company currently operates facilities in 30 of 32 provinces in China. Since Origin launched its first entirely internally developed seed in 2003, the Company has developed 26 proprietary corn seed products, 19 proprietary rice seed products, 5 proprietary cotton seed products and 4 proprietary canola seed products that are in commercial production and distribution as of December 2008.

 

SEED News:

 

September 17 - Origin Agritech Limited Reaches Agreement for Novel Glyphosate-Tolerance Gene

 

Worldwide Rights for Genetically Modified (GM) Corn, Soybean, Rice, Cotton, and Canola products

 

Origin Biotechnology, a wholly-owned subsidiary of Origin Agritech Limited (Nasdaq: SEED) announced it has reached an comprehensive, worldwide agreement with the Institute of Microbiology of the Chinese Academy of Sciences (CAS) and Sichuan Biotech Engineering, Limited. CAS and Sichuan Biotech jointly own the rights to an internally developed gene which is highly tolerant to glyphosate (herbicide). This glyphosate-tolerance gene, demonstrated to be extremely effective in both laboratory and field environments, is entirely new to the consumer markets in that it has never been commercialized, and is protected by patents granted separately by China and USA separately.

 

For the entire life of the patent, Origin Biotechnology will receive exclusive rights to sell and develop corn, soybean, rice, cotton and canola products that contain these technology traits worldwide, both in the territory within China and outside of China. Origin Biotechnology will also receive exclusive rights to sub-license to any third parties to sell and develop corn, soybean, rice, cotton and canola products that contain these traits and with application of patent technology worldwide in the territory within China and outside of China. Origin Biotech will also receive the rights to improve and further develop this glyphosate-tolerant gene. Additionally, no change of control in the patent will have impact on the validity of this agreement.

 

As a result of this landmark agreement for Origin, Chairman Gengchen Han reiterated, “Origin continues to demonstrate that it is the leading, technology-focused crop seed company in China. Our goal remains consistent — to lead the industry by serving farmers with unique enabling technology and services, producing and protecting higher crop yields. Our focus remains in the production of higher quality seed products, whether proprietary or licensed.”

 

UPDATE OF ORIGIN GM PROGRAM

 

Phytase

 

World’s first transgenic phytase corn is expected to be commercially launched as the first genetically modified corn product in China. Phase 5 passage is expected near term pending a final stage approval from the Ministry of Agriculture (MOA). Currently, phytase corn continues to remain the only biotechnology corn product in Phase 5 of development in China. Phytase is currently used as an additive essential for the growth and development of all animals, and limits the amount of phosphorus waste in the environment. Phytase, as an additive for animal feed, is mandatory in Europe, Southeast Asia, South Korea, Japan, and Taiwan for environmental purposes. The worldwide phytase potential market size is US$500 million dollars, including US$200 million for China alone, according to the China Feed Industry Study. The corn seed market in China is estimated at US$1 billion.

 

Glyphosate (Herbicide) Tolerance

 

Glyphosate tolerance has passed the intermediate testing phase (Phase 2) and entered the environmental release testing phase (Phase 3). Worldwide, the largest segment of the transgenic crop market has been herbicide tolerant crops. Specifically, glyphosate tolerant crops have been widely accepted in cotton, corn, and canola in North America. Introduced in the US in 1998, the use of glyphosate tolerant corn grew from 950,000 acres in 1998 to 2.3 million acres in 1999 to 41 million acres in 2007, or at a compounded annual growth rate of 51.9%, according to the US Department of Agriculture. The rapid historical adoption rate indicates farmers find this trait to be extremely valuable. The high level of adoption of these crops by farmers has also caused the reduction in value of the remaining herbicide market.

 

Since their introduction in 1996, over 75 million acres of genetically engineered glyphosate-tolerant crops have been planted, making up 46% of the corn, 80% of soybean acres, and 70% of cotton acres in the US. These genetically engineered crops have been adopted by farmers because they are perceived to offer significant economic benefits over conventional crop and herbicide programs. The adoption of glyphosate-tolerant crops has reduced costs for US farmers an estimated $1.2 billion. On the basis of recent adoption rates by growers around the world, it appears that glyphosate-tolerant crops will continue to grow in number and in hectares planted.

 

Pest Resistance (Bt Corn)

 

Pest resistance (Bt Corn) has passed the intermediate testing phase (Phase 2)and entered the environmental release phase (Phase 3). In these phase 2 and 3 trials, these traits continue to perform as the best performing traits for pest resistance throughout China.

 

Bt crops produce a protein toxic to specific insects used in areas with high levels of infestations of targeted pests. Bt cotton, which controls varieties of the budworm and bollworm, was planted on 59 percent of U.S. cotton acreage and 75 percent of the Chinese cotton acreage in 2007. Introduced in 1996 in the US, acreage of Bt corn has grown from 3.6 million acres in 1999 to 44 million acres in 2007, or at a compounded annual growth rate of 36.7%, according to the US Department of Agriculture. This Bt corn variety was planted on 49 percent of U.S. corn acreage in 2007.

 

LIFELINE BIOTECHNOLOGIES INCORPORATED (OTC: LLBO)

"Up 18.00% in morning trading"

 

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

 

Lifeline Biotechnologies, Inc. operates as a medical technology company in the United States. Its technologies focus on prevention, early detection, diagnosis, and quick recovery of various disease conditions. The company is developing a non-imaging technology, known as the First Warning System, which measures tissue activity for the early detection of breast cancer in women.

 

LLBO News:

 

August 31 - Lifeline Biotechnologies Files Additional Patents on Its First Warning System

 

Lifeline Biotechnologies, Inc. (OTC: LLBO) announced that it has filed four additional patents on its First Warning System™ methods and technology.

 

The First Warning System™ has been designed, developed and tested, a process that assists in identifying abnormalities of the breast.

 

Jim Holmes, Lifeline’s CEO, said that “We are extending patent protection on our proprietary neural net diagnostic technologies with the filing of three additional patent applications in the United States. These filings relate to four essential elements in its system for analyzing temperature readings of breast tissue to identify cancerous tissue. The patents address the First Warning System’s ™ method for the placement of temperature sensors to obtain reliable temperature readings, its method for analyzing the temperature readings, and its placeholder for assuring proper sensor placement. In addition, a fourth application was filed under the Patent Cooperation Treaty (PCT) to extend Lifeline Biotechnologies’ protection, internationally, on all of the existing patent filings and existing intellectual property including these new filings.”

 

Lifeline Biotechnologies previously received two patents on its First Warning System™ hardware and has in the past year filed for a patent on the technological advancements of the First Warning System ™ software. The software has achieved the robust capability of identifying and classifying tissue abnormalities of the breast with sensitivities (ability to identify) of 95% to 100% and specificities (verify) of 87% to 90%. Currently, it is widely recognized that mammograms miss an estimated 20 to 30% of the breast cancers.

 

Lifeline competes in the money markets for funds to continue the development of its products as well as supporting operating and administrative expenses. The cost of funds for companies such as Lifeline is expensive and the terms have been, and may continue to be, dilutive. The Company is seeking other means of financing in an effort to reduce the dilutive aspects.

 

ALR TECHNOLOGIES INCORPORATED (OTCBB: ALRT)

"Up 22.22% in morning trading"

 

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

 

The ALRT Health-E-Connect Disease Management System is designed to enhance compliance of prescribed therapies and report diagnostic data from a number of devices to health professionals for monitoring of patients. The System facilitates cost effective continued oversight of patients by authorized health professionals in-between visits to their physician.

 

ALRT News:

 

September 14 - Patent Application Approval for Remote Monitoring of Patient's Use of Nebulizer Compressors Facilitates Enhanced Coordination of Care for Patients With Respiratory Disease

 

ALR Technologies (OTCBB: ALRT) announces that it has received notice from the US Patent and Trademark Office that ALRT has been granted approval of its patent application regarding patient compliance and remote monitoring of patient's use of nebulizer compressors. This approval from the US patent office will protect ALRT's Health-E-Connect health management communications system and more importantly, will grant ALRT the exclusive ability to remotely monitor the use of nebulizer compressors in the delivery of medications to patients with COPD, chronic asthma and cystic fibrosis.

 

COPD is one of the leading causes of death in the world. With 16 million people in the US with COPD and 20 million plus with asthma, utilizing ALRT's Health-E-Connect system to monitor their use of nebulizer compressor creates the opportunity to significantly improve quality of life and reduce healthcare costs. Health Professionals will now be able to remotely monitor and evaluate compliance in delivery of aerosolized medications to their patients with respiratory diseases thereby helping these patients to reduce health complications and improve their quality of life.

 

The use of monitoring-ready nebulizer compressors and ALRT's Health-E-Connect health management communications system can become an important new service provided by health professionals. Furthermore, the Health-E-Connect system is on target with the growing recognition in the US to use electronic health records to improve the efficiency and effectiveness of patient care.

 

ALRT announced earlier this year that insurance carriers will reimburse physicians for the remote care of patients with the use of its Health-E-Connect system. This will result in new revenue for physicians as they provide the additional service to their patients with respiratory disease. ALRT's Health-E-Connect and complementary Constant Health Companion is the only system in the US and International markets that allows for remote monitoring of patients' use of nebulizer compressors. This capability will allow for enhanced patient compliance and health professional coordination of care.

 

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