Dallas Tx 10/7/2009 8:30:47 AM
News / Business

ONCP, EDWY, BWNR, LLEG, NHYT, XMDC OTCPicks.com Stocks to Watch for Wednesday, October 7th

Visit http://www.otcpicks.com/microcap.htm today to join this growing community.

Our Stocks to Watch tomorrow include 141 Capital Inc. (OTC: ONCP), eDoorways Corp. (OTC: EDWY), Brownstone Resources Inc. (OTC: BWNR), Laidlaw Energy Group Inc. (OTC: LLEG), Neohydro Technologies Corp. (OTCBB: NHYT) and XTend Medical (OTC: XMDC).

 

141 CAPITAL INCORPORATED (OTC: ONCP)

"Up 233.33% on Tuesday"

 

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

 

141 Capital, Inc., is a publicly traded company based in Chicago. Its primary operations involve commodity trading for its own account utilizing trading systems for trading financial products listed on the world's derivatives exchanges. It is a 35% owner of Wind River Development Corporation which is developing a proprietary trading platform that 141 intends to release to consumers upon its completion and 141’s registration as an independent broker with the NFA.

 

ONCP News:

 

October 6 - 141 Completes NFA Audit

 

141 Capital, Inc. (OTC: ONCP) announced that it had undergone an approximate one month audit of its business by the National Futures Association (“NFA”). After the audit, the NFA issued a “corrective actions letter.” Based on responses from the NFA, 141 believes it has met all of NFA’s corrective actions.

 

Errol Stone, Chief Executive Officer of 141 stated that: “Completing the audit should pave the way for 141’s application to become a registered IB with the NFA. More information on 141’s IB registration will be forthcoming in the next few weeks.” Mr. Stone also stated that a number of exciting developments will be announced shortly.

 

EDOORWAYS CORPORATION (OTCBB: EDWY)

"Up 26.00% on Tuesday"

 

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

 

eDOORWAYS Corporation is developing a lifestyle information/entertainment platform for visually-oriented Web surfing community. Its eDOORWAYS portal is a Web-based personal lifestyle information enhancement and problem solving gateway, lifestyle information source, and online business-to-consumer marketplace. The company was incorporated in 1988 as Technicraft Financial, Ltd. and changed its name to LBM-US, Inc. in 1991. It changed its name to GK Intelligent Systems, Inc. in 1994; and to M Power Entertainment, Inc. in 2005. Further, the company changed its name to eDOORWAYS Corporation in September 2007. eDOORWAYS Corporation is based in Houston, Texas.

 

EDWY News:

 

October 6 - Over 100 Businesses Sign Up With eDoorways Within First 72 Hours

 

Site Unveiling Quickly Peaks the Interest of Austin-Based Businesses

 

eDoorways Corporation (OTC: EDWY) announces that within days of the company's unveiling of "SOLVE," well over 100 businesses have signed-up to participate in the remaining phases of the platform's soft launch. Quickly approaching 200 registrants, including some consumers, the company now has hard evidence of its target audience's interest.

 

"The question of whether or not small businesses will be interested in the 'SOLVE' doorway has clearly been answered," stated Gary Kimmons, Chairman & CEO of eDoorways Corporation. "The majority of these sign-ups occurred over the weekend and through yesterday evening. If in just three days we're approaching 200 sign-ups for the purpose of completing the phases of the soft launch, I can only imagine what we'll look like by the time we're ready for full consumer interaction in 90 days. Evidence of the potential critical mass is brewing."

 

eDoorways initiated a grass roots campaign reaching Austin based businesses and "net gener's" to introduce the platform at the unveiling event. Using an array of social media forums, direct mailings to thousands of small businesses, street canvassing, videos, radio, outlets provided by the Greater Austin Chamber of Commerce and public forums, eDoorways garnered the attention needed to not only have a well attended event, but too also cause genuine interest from the people of Austin.

 

With over 10,000 followers on Twitter, Facebook fans increasing daily and overwhelming correspondences through the corporate blog and email, eDoorways is poised to continue signing up hundreds of businesses prior to consumer interaction.

 

"We're just getting started with our marketing roll out plan," stated Kristen Claflin, Brand Marketing and Site Monetization Consultant for eDoorways. "Within this remaining quarter, there will be a noticeable increase in marketing efforts within the Austin area with an emphasis toward small businesses."

 

Sources close to the company were surprised to find so many businesses signing up so quickly and expect the number to continue growing weekly. Should businesses continue to sign up at this rate, a couple of thousand users could be up and ready to engage in "real-time" interactions through the fully functioning consumer ready version of the platform by year end.

 

BROWNSTONE RESOURCES INCORPORATED (OTC: BWNR)

"Up 50.00% on Tuesday"

 

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

 

Brownstone is a gold exploration company focused on creating value for shareholders by exploring and developing high-grade gold mining properties. Details of Brownstones projects are available on the Company's website at www.brownstoneresources.com.

 

BWNR News:

 

September 4 - Brownstone to Move Forward With Geophysical Survey

 

Brownstone Resources Inc. (OTC: BWNR) has been in negotiations for several weeks with prospective geophysical surveying companies to conduct a limited ground geophysics program on their L.S. Grande property, located in the Coconino County of the Long Valley mining district of Arizona. Major Management Exploration Services has been contracted to complete this work which will commence within the next 4 - 6 weeks. MMES has over 30 years' experience in the mining industry having worked on projects all over North America.

 

Brownstone Management is excited about this next phase of the program on their property and will publish the geologic report as soon as possible following the completion of this program.

 

Dependent upon the results brought forth from this program, the company could plan a second, more extensive drill program on the L.S. Grande Property. Brownstone continues to pursue and evaluate other potential acquisition opportunities that could further enhance their portfolio while adding investor value.

 

LAIDLAW ENERGY GROUP INCORPORATED (OTC: LLEG)

"Up 37.04% on Tuesday"

 

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

 

Laidlaw Energy Group, Inc. (LLEG) owns and operates electricity generation facilities. It installs independent power plants that generate electricity from renewable resources. The company focuses on biomass power generation. It engages in development, acquisition, and conversion of existing facilities. LLEG was founded in 1999 and is based in New York, New York.

 

LLEG News:

 

September 21 - Laidlaw Energy and Homeland Renewable Energy Announce Biomass Project Development Joint Venture and Investment

 

Laidlaw Biopower, LLC (“Laidlaw”), an affiliate of Laidlaw Energy Group, Inc. (OTC: LLEG), and Homeland Renewable Energy LLC (“Homeland”), jointly announced today that they have entered into a joint venture to develop biomass-energy plants throughout the Northeastern United States. The joint venture company, known as Homeland Laidlaw Energy, LLC (“HLE”), provides the joint venture partners with a strong market position in the U.S. renewable energy marketplace with an initial portfolio of four biomass-energy plants under development in the Northeast and plans for significant expansion down the road.

 

In connection with the joint venture, Homeland has also agreed to make an equity investment in the joint venture which will provide capital for development as well as proceeds to Laidlaw in consideration for the contribution of several of Laidlaw’s development projects to the portfolio of HLE.

 

Commenting on the formation of HLE, Laidlaw President & CEO Michael B. Bartoszek stated, “The formation of HLE brings together tremendous synergies between Laidlaw and Homeland. Laidlaw’s strength lies is originating, developing and financing exceptional biomass project opportunities and Homeland’s strength lies in engineering, building and operating such projects. This joint venture gives the parties everything they need to take a project from conceptual stage to operations within one organization.”

 

Homeland Chairman Jack Clarke will serve as Chairman of the Board of HLE and Homeland President Rupert Fraser and Chief Operating Officer Carl Strickler will serve on the board of HLE and as corporate officers. Laidlaw President and CEO Michael Bartoszek will serve as President and CEO of HLE and Laidlaw Vice Presidents Louis Bravakis and Raymond Kusche will hold similar positions with HLE and serve on the board.

 

The combination of Laidlaw’s and Homeland’s biomass-energy development businesses brings together approximately 30 professionals focused on making HLE the leading supplier of biomass-energy in North America. HLE will be headquartered in New York, NY and maintain offices or personnel in Pennsylvania, New Hampshire, Vermont, Maine and London, UK.

 

Homeland President & CEO Rupert Fraser stated, “The HLE joint venture complements Homeland’s poultry litter power project business extremely well. We are excited by the opportunities that the HLE project pipeline will bring for us to create significant value for our shareholders and those of Laidlaw.”

 

Separately, Laidlaw announced today that is has signed a letter of intent to acquire an approximately 10 megawatt biomass-energy plant located in Massachusetts. The parties are presently negotiating a definitive purchase agreement. It is anticipated that the project will be assigned to HLE and become part of its development portfolio, subject to approval of HLE’s board of directors.

 

NEOHYDRO TECHNOLOGIES CORPORATION (OTCBB: NHYT)

"Up 21.17% on Tuesday"

 

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

 

Neohydro Technologies Corp. engages in the acquisition and exploration of mineral resources. It intends to explore for gold. It owns interest in the Rio Lode Claim, which is located within the Yellow Pine Mining District of Clark County, Nevada. The company, formerly known as Rioridge Resources Corp., was founded in 2007 and is based in Piscataway, New Jersey.

 

NHYT News:

 

October 6 - Neohydro Technologies Corp. Compares the GIHS Chevy Tahoe to the Chevy Tahoe Hybrid Offered by General Motors

 

Neohydro Technologies Corp. (OTCBB: NHYT), a Company focused on “Green” technologies in the automotive, transportation, and power generation sectors, shows significantly better fuel economy numbers when comparing the Chevy Tahoe fitted with the Green Interactive Hybrid System (GIHS) to that of the Chevy Tahoe Hybrid offered by General Motors. MPG-o-Matic has performed an independent test of the 2009 Chevy Tahoe Hybrid and have published their findings which follow:

 

“Make no mistake about it. The 2009 Chevy Tahoe Hybrid is a great big truck that integrates some innovative technology. With room for eight and plenty of hauling power, the traditional Tahoe has been a popular choice for large active families. The new two-mode hybrid system provides considerable benefits in lower-speed operation – whether you’re cruising through town or crawling through the parking lot at the local sports complex.”

 

The MPG-o-Matic report also reports:

 

The Tahoe Hybrid’s 6.0-liter V8 engine produces 332 horsepower (HP) and 367 foot pounds of torque. The big V8 is mated to a two-mode continuous electric ratio hybrid transmission with four fixed gears.

 

While the Tahoe is traditionally quite thirsty, the Hybrid version uses its 300 volts of energy storage and Active Fuel Management on the V8, to good effect. The official mileage estimates for the 2009 Tahoe Hybrid are 21 city / 22 highway miles per gallon (MPG) for the two-wheel-drive (2WD) version and 20/20 for the all-wheel-drive (4WD) version.

 

Overall test period temperatures ranged in the thirties through fifties, with freeway speeds between 60 and 72 miles per hour (MPH). Highway testing temperatures were in the forties.

 

4WD Tahoe Hybrid Highway MPG Testing:

 

1) Cruise control on @ 68 MPH – 21.5 MPG.

2) Cruise control off, target speed between 60-72 MPH – 22.7 MPG.

 

Now compare these numbers with the Green Interactive Hybrid System (GIHS) installed in the smaller 5.3 liter V8 available in the Tahoe, shows the GIHS achieving significantly better performance and fuel economy than the factory Tahoe Hybrid. The Tahoe Hybrid’s 6.0-liter V8 engine produces 332 horsepower (HP) and 367 foot pounds of torque while the GIHS Tahoe produces 500 HP and 450 foot pounds of torque. The two wheel drive GIHS Tahoe achieves 32 MPG city and 28 MPG highway representing an improvement of 52% City and 27% Highway. The 4-wheel drive GIHS Tahoe achieves 30-MPG city and 26MPG Highway representing an increase of 50% City and 30% highway over the Tahoe Hybrid.

 

XTEND MEDICAL CORPORATION (OTC: XMDC)

"Up 23.08% on Tuesday"

 

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

 

XTend Medical is a company that specializes in the manufacturing and distribution of the latest in telemedicine and telehealth solutions for the healthcare industry. Their dedication to insuring the products and services offered to healthcare organizations, third-world countries, and physician groups are at the forefront of medical technology. Their continued efforts in identifying global companies with true product potential in the healthcare industry puts them in an advantageous position to capitalize on a global basis.

 

XMDC News:

 

October 6 - Letter to Shareholders of XTend Medical From the CEO Regarding the Upcoming Merger With BioHarp, Korea

 

XTend Medical (OTC: XMDC), a company specializing in manufacturing and distributing the latest in telemedicine and diagnostic devices, released the following letter from the CEO, Mr. Paul D. Lisenby, regarding the upcoming merger with BioHarp, Korea and other corporate progress.

 

"To all XTend shareholders, I want to bring everyone up to date on the upcoming merger with BioHarp, Korea, and to share some insight into the future of the company. As you are aware from our most recent press release, we've decided to merge our company with BioHarp, Korea in order to have one of the most intriguing and cutting-edge medical devices to hit the healthcare industry in decades. The potential for this device to change the way patient diagnostics are currently being done is tremendous. The BioHarp is a non-invasive scanning device that can be used by a trained professional to scan the body to find cellular inflammation, utilizing nano bio-sensors. In layman's terms, whenever there is inflammation in the body on a cellular level, the potential for health issues can result. The BioHarp is a patent protected device that doesn't require any dyes or foreign fluid to be introduced into the body to attain a reading, or better yet, gives the patient results based on their individual body baseline. In short, this device can be used as an early diagnostic device by any country, healthcare company, managed care company, military, and in almost any other situation where an early diagnosis can assist in saving lives and lowering healthcare costs.

 

The work done by our management team with the principles at BioHarp, Korea, has taken us over two years to get to this point in our relationship wherein we feel comfortable merging with their organization and they feel the same way with us. Our hard work over the past three years in dealing with managed care companies, physician groups, and other healthcare organizations will prove to be most beneficial in securing future contracts for the BioHarp once the merger is complete. BioHarp, Korea has spent the last 14 years working on bringing the BioHarp unit to its current level of perfection and by combining our resources we gain solid management, premiere manufacturing, and the potential for a global company that will make BioHarp the most used medical device in early diagnosis.

 

There was a press release in February 2008, issued by Hathaway Corporation, announcing a joint venture with UNI Bio-Tech for the BioHarp device. As I was with the company at that time acting as the interim CEO, I knew the value of BioHarp. However, since the Board of Directors of Hathaway decided to change their business model to become FutureWorld Energy and focus their efforts on the renewable energy sector, the joint venture never took place and the deal was cancelled in April of 2008. My work with Hathaway has since stopped and for the last 18 months my sole responsibility has been to ensure XTend Medical brings value to our shareholders and puts itself in a position to capitalize on opportunities to grow the company. Through this merger, the company will become a global leader in the healthcare sector and it will be up to all of us here at XTend Medical and BioHarp, Korea to ensure that this happens.

 

Since the announcement of this merger, we have been working hard with Pink Sheets to become fully compliant with their reporting requirements. We should have this accomplished by week's end and hopefully have the Stop Sign removed from our company's profile. Our goal is to move up to a greater exchange due to the potential sales that we anticipate the BioHarp will be doing globally very soon. We are working with our accountant and legal teams to ensure that we have everything in order so the migration to a higher exchange can be accomplished at the proper time. Any changes we've recently made to the corporate structure are to effectuate this merger and any and all shares issued for this merger are subject to Rule 144 Restrictions. As we update Pink Sheets, the information will be there for all shareholders to review. We are in the process of updating our site and will share additional information about our progress in future press releases. In closing, I would like to thank all of our loyal shareholders for their dedication and for potential future shareholders; this company will be strong and have a very bright future for many years to come."

 

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Disclosure: OTCPicks.com has been compensated two thousand dollars by a third party (Blue Wave Advisors) for a recent one week NHYT advertising and promotional program. OTCPicks has been compensated an additional one thousand five hundred dollars for a one week NHYT promotional program.