Dallas TX 10/8/2009 2:03:37 AM
News / Business

FORC, JAGR, DVME, MDOR, BMGP, CHYU, IARO, HRNF, MDGC, CHIP, CYSG, LLEG OTCPicks.com Daily Market Movers Digest Midday Report for Wednesday, October 7th

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Our Stocks to Watch today include Force Energy Corp. (OTCBB: FORC), Jaguar Mining Enterprises Inc. (OTC: JAGR), Diverse Media Group Inc. (OTC: DVME), Magnum D'Or Resources Inc. (OTCBB: MDOR), Biomagnetics Diagnostics Corp. (OTC: BMGP), China Youth Media Inc. (OTCBB: CHYU), International Aerospace Enterprises Inc. (OTCBB: IARO), Heathrow Natural Food & Beverage Inc. (OTC: HRNF), MediaG3 Inc. (OTC: MDGC), VeriChip Corp. (Nasdaq: CHIP), CAPE Systems Group Inc. (OTC: CYSG) and Laidlaw Energy Group Inc. (OTC: LLEG).

 

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

 

FORCE ENERGY CORPORATION (OTCBB: FORC)

"Up 5.41% in morning trading"

 

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

 

Company Profile: http://www.otcpicks.com/Newsletter/FORC_eProfile_100709.htm

 

Force Energy Corp. is an Oil & Gas Exploration and Development Company based in Denver, CO with a focus on Wyoming. Using a geology-based methodology, the US Geological Survey estimate a mean of 2.4 trillion cubic feet of undiscovered natural gas and a mean of 41 million barrels of undiscovered oil in the Wind River Basin Province of Wyoming. Force Energy Corp. has acquired 75% working interest in the Diamond Springs Prospect located within this prolific area.

 

FORC News:

 

October 7 - Force Energy Corp. Announces $5 Million Equity Financing

 

Force Energy Corp. (OTCBB: FORC) (Frankfurt: FC2) (hereafter "Force", "the Company"), announced that the company has entered into a financing agreement with Banque SCS Alliance, whereby the Swiss based banking group will invest up to $5 million into Force Energy Corp.

 

The financing agreement is equity based and market condition dependent. The agreement may be receded by either party with 30 days notice. Funds will be used to advance drilling activities on the Diamond Springs Prospect as well as for general working capital and investment purposes. Force Energy has secured only traditional equity financing.

 

"We are pleased to have Bank SCS Alliance in our corner." Said Rahim Rayani, President & CEO of Force Energy Corp. "This financing agreement will allow the Company to execute on our plans to explore and develop the Diamond Springs Prospect."

 

The securities offered have not been registered under the Securities Act of 1933 and may not be offered or sold in the United States absent a registration or an applicable exemption from the registration requirements.

 

JAGUAR MINING ENTERPRISES INCORPORATED (OTC: JAGR)

"Up 50.00% in morning trading"

 

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

 

Company Profile: http://www.otcpicks.com/jaguar-mining/jaguar-mining.htm 

 

Jaguar Mining Enterprises, Inc. is an independent mining company engaged in the acquisition, development, and exploitation of iron ore primarily mined in Mexico. The Company specializes in the exploitation of iron ore mines with proven reserves. The Company's strategy is to locate, acquire and develop mine locations that contain sufficient quantities of iron ore and require minimal start-up costs.

 

JAGR News:

 

October 7 - Jaguar Mining Enterprises Schedules Meeting on Cascaronal Mine

 

Jaguar Mining Enterprises, Inc. (OTC: JAGR), an independent mining company engaged in the acquisition, development, and exploitation of iron ore primarily mined in Mexico, announced today that it has scheduled a meeting with all mining project personnel in anticipation of the receipt of the permit for the Cascaronal Mine.

 

"A number of topics will be discussed including extraction schedule, local labor force requirements, as well as the confirmation of existing agreements related to the project," said Dale Williams, President of Jaguar Mining Enterprises, Inc. "Addressing these items and reviewing potential issues now will help to ensure a smooth transition when this project shifts into the production stage."

 

DIVERSE MEDIA GROUP INCORPORATED (OTC: DVME)

"Up 60.00% 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 28 - Network Talks Underway to Develop 'Momo' into Weekly TV Series Title is Part of Diverse Media Group, Inc. Option Agreement with Elio Pictures

 

“Momo” executive producers Dimitri Logothetis and Nicholas Celozzi have announced that talks are underway with networks in the U.S. and Canada to develop the project as a weekly series for television. “Momo” is one of six titles for which Diverse Media Group, Inc. (OTC: DVME) has optioned to purchase a 30% interest from Elio Pictures, Ltd.

 

Diverse Media Group CEO Chris Nassif calls the development “a huge step forward in our company’s transition to a complete entertainment and media services provider.”

 

Logothetis and Celozzi have been working for seven years on the life story of infamous mob boss Sam Giancana. After securing the exclusive story rights from Francine Giancana to her father’s life story, they originally set the project up at Warner Bros. and Turner as a mini-series. Logothetis calculates development costs to date at $75,000. With the success of the 60's-based AMC series “Mad Men,” they decided that “Momo” could also satisfy weekly audience interest in that period of Americana. Giancana was born in 1908 and killed in 1974.

 

Celozzi describes the series as real-life “Sopranos” meets “The Gangster Chronicles.” Sam Giancana was a very compelling personality. As a family man, Sam lost his wife to a rheumatic heart disease, raised three daughters, supported an extended family and was one of the most powerful men of the twentieth century. Through union ties Giancana helped swing the Illinois vote during the Kennedy/Nixon election. He was the first mobster to claim his rights to the Fifth Amendment in front of live television cameras while questioned by Bobby Kennedy during the McClellan committee hearings. Sam had a long-standing friendship with Frank Sinatra, the leader of the so called “Rat Pack,” who played in Chicago nightclubs run by Giancana.

 

The other Elio Pictures titles optioned by Diverse Media Group include “The Lost Angel” (2005) with Judd Nelson and Celozzi, “Framed by Seduction” (2004) starring Robert Patrick, “Nightmare Boulevard” (2004) starring Claudia Christian and Corbin Bernsen, “7-10 Split” (2007) featuring Tara Reid and Rachel Hunter, and “Senior Skip Day” (2008) with Lea Thompson and Norm MacDonald.

 

The option is being purchased with 25 million shares of Diverse Media Group restricted common stock, valued at $50,000. The Company has until March 30, 2010, to exercise its option for a cash price of an additional $400,000.

 

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:

 

October 7 - Magnum Engineering International (MEI) To Provide Solutions for Magnum's USA and Canadian Operations

 

MEI to assume International Negotiations currently being conducted by MDOR

 

Magnum d'Or Resources, Inc. (OTCBB: MDOR), new division, "Magnum Engineering International, Inc. ('MEI')," announces strategic plans.

 

Magnum Engineering International ('MEI') is a wholly owned subsidiary of Magnum d'Or Resources ('MDOR'). Together with its affiliates MEI will develop turnkey plants and complete environmental solutions using a profitable business model that assures quality, excellence and continual improvement of environmental performance. MEI possesses the capacity to provide a complete range of 'one stop' services to its clients; no longer do clients have to deal with multiple sources for their needs, MEI can coordinate it all.

 

MDOR is awaiting delivery of the initial equipment necessary to commence work on the Colorado site. During this same period MEI will commence work on developing a full functioning recycling plant in Colorado using the latest available technology. MEI intends to develop this plant while working closely with Magnum/SRI to determine the optimum solution for the output.

 

MEI will also assume all responsibilities, including all inquires, discussion and International negotiations currently being conducted by MDOR in relation to third party recycling solutions.

 

MDOR CEO Joseph Glusic stated, "Since the establishment of Magog and the more recent release of results relating to Magnum/SRI, as well as, the acquisition of one of the largest tire Monofills in the world, we have gained significant recognition in the tire recycling industry. Due to the most current events alone we have been receiving a huge volume of inquiries from national and international companies regarding assistance for solutions to their tire recycling issues. We are currently in negotiation with several of those companies regarding various levels of services and support. Magnum Engineering International (MEI) has now been given the task and the responsibility of handling third party inquires and solutions in addition to assisting the Magnum group with all technical and engineering services."

 

BIOMAGNETICS DIAGNOSTICS CORPORATION (OTC: BMGP)

 

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

 

Company Profile: http://www.otcpicks.com/biomagnetics-diagnostics/biomagnetics-diagnostics.htm

 

Biomagnetics Diagnostics Corporation is an advanced medical device and biotechnology company. The Company’s revolutionary diagnostic systems, which are based on advanced magnetics, test for any viral or bacterial disease using any body fluid. The Company's technology allows laboratories to perform far more tests in the same amount of time it takes to do a single test. The HTS-MTP platform is designed to detect the actual virus and viral load in body fluids and not just simply screen for the presence of viral antibodies.

 

BMGP News:

 

October 7 - Biomagnetics Diagnostics Subject of a New Research Report

 

Report Outlines a $0.75 to $1.10 Per Share Valuation

 

Biomagnetics Diagnostics Corp. (OTC: BMGP), a developer of revolutionary diagnostic systems and technology for HIV, hepatitis, tuberculosis, and malaria detection, announced the Company is the subject of a new research report issued by Emerging Growth Research, LLP. The report outlines the Company’s growth prospects in the next generation medical diagnostics systems market with a particular emphasis on integrated optical biosensor systems that Biomagnetics plans to soon introduce into the malaria and bovine tuberculosis testing markets. A full copy of the report can be viewed at:

 

www.thesmallcapinvestor.com/tsci_details.php?id=54.

 

“We are very pleased to have this report available to current and prospective investors. We are planning to introduce some groundbreaking testing and diagnostic capabilities over the next few months and this report does an excellent job in explaining our strategies,” commented Clayton Hardman, CEO of Biomagnetics. “We also find it exciting that the report outlines a valuation of approximately $0.75 to $1.10 per share upon introduction of the advanced malaria and bovine tuberculosis sensors.”

 

According to the World Health Organization, some 3.2 billion people, or about half the world's population is at risk of malaria transmission in 107 countries and territories worldwide. While there are between 350 million and 500 million new cases of malaria each year, there are very few reliable and field deployable diagnostic tools available. In the case of malaria, early detection substantially improves treatability and survivability. TB (tuberculosis) is the second leading cause of death from infectious disease worldwide. Bovine TB is a growing problem through out the world with an estimated 1.3 billion cattle at risk. In the United States, where the cattle industry is valued at $60 billion annually, the use of existing diagnostic tests currently add $5.00 to $15.00 on average per head to the cattle industry's costs. Field deployable Integrated Optical Biosensor Systems (IBOS), such as those Biomagnetics Diagnostics is planning to soon introduce hold the promise of significantly speeding up the diagnostic testing process and meaningfully lowering costs and improving lives.

 

CHINA YOUTH MEDIA INCORPORATED (OTCBB: CHYU)

 

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

 

Company Profile: http://www.otcpicks.com/china-youth-media/china-youth-media.htm

 

China Youth Media, Inc. is a China-focused youth marketing and media company whose business is to deliver advertising and content to one of the most sought after and fastest growing demographics in the world. Through its wholly owned subsidiary Youth Media (Hong Kong) Limited, CHYU has secured contracts with a term of 20 plus 10 years that provide exclusive rights from the Chinese government controlled corporation, China Youth Interactive, which uniquely position CHYU to market to China’s massive student population with preferred access online, on campus and on mobile. CHYU currently targets China’s campus-based college students, who total more than 30 million and make up a key segment of the largest youth market in the world.

 

CHYU News:

 

October 6 - China Youth Media Streams NFL Live on Koobee Network

 

China Youth Media, Inc. (OTCBB: CHYU), a China focused youth marketing and media company, announced today that it is streaming the National Football League (NFL) through its rights agreement with Xinhua Sports and Entertainment. The NFL is streamed live on China Youth Media's Koobee.com, a dedicated Intranet Television Network and media portal targeted to China's 30 million plus college students.

 

Koobee began its live NFL broadcast with the kick-off of the regular season and will extend its coverage to the Super Bowl playoffs in February 2010. The NFL is the most lucrative sports league in the world, generating an estimated $8 billion a year in revenue, and continues to expand its reach around the globe. Recent NFL promotional initiatives in China, the largest sports market in the world, have aggressively targeted teenagers and young adults in large urban areas totaling almost 100 million people.

 

"Koobee is attracting more and more international premium content as our audience continues to grow, and we are very pleased to deliver the NFL to this key segment in the world's largest youth market," commented Jay Rifkin, China Youth Media's CEO. "Major global brands like the NFL realize the value of exceptional content delivered to a targeted, highly sought after audience on the Internet in China. This powerful combination should allow us to garner premium advertising rates."

 

INTERNATIONAL AEROSPACE ENTERPRISES (OTCBB: IARO)

"Up 33.33% in morning trading"

 

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

 

International Aerospace Enterprises, Inc. is an innovative and aggressive provider of discounted military aircraft spare parts for U.S. Ally partners throughout the world. The company offers inexpensive and shipment ready aircraft spare parts for both military and commercial aircraft users that meet all industry standards for quality manufacturing.

 

IARO News:

 

October 6 - International Aerospace Re-Releases June 30 News Plus Adds Additional Information

 

International Aerospace Notified of $750,000.00 USD Bid Award

 

International Aerospace Enterprises, Inc. (OTCBB: IARO) announced that IAE's President has returned from his Middle East trip and will be reporting to shareholders this week.

 

International Aerospace Enterprises, Inc.'s ("IAE") Chairman, John Peck, has launched an investigation of the unauthorized removal of the following news release from several financial websites. Mr. Peck stated that "IAE intends to prosecute to the fullest extent allowable by law for this invasion of our proprietary information." Updates will be provided on the company's website: www.IAE247.com

 

Re-Released: The company has been Awarded a $750,000.00 USD bid award for military aircraft spare parts by the Egyptian Air Force. The award is immediate evidence that the company’s International Targeted Sales Strategy is right on target as reported in the June 18, 2009 news release titled “International Aerospace Enterprises Inc. Launches Targeted Worldwide Sales Program.” Mr. John Peck, IARO’s CEO, reported that “the initial sales to the Egyptian Air Force is the first of over $13 million USD in our international sales pipeline.”

 

He voiced some concern that “IARO’s management team feels that the current and future value of the company is not reflected in the company’s current share price but is reflective of the decisions made by the shell’s previous management.” He continued by stating that “he is confident that the Company’s international sales performance and future earnings will better reflect the real value of International Aerospace Enterprises, Inc. for both our company and our shareholders.”

 

Mr. Peck further stated “I have some additional exciting news to report to our Shareholders. As of July 1, 2009 Mr. Saffet Uslu, our current exclusive International Sales representative, has accepted the position of President of IARO.”

 

Mr. Uslu has a Bachelor of Science and his Master’s degree in Mechanical Engineering from University of Southern California. He has obtained his dual citizenship in both the United States of America and the Republic of Turkey. His 14 years of experience in international military aircraft spare parts sales and his dual citizenship, with one of the United States’ key Allies in the Middle East, makes him an exceptional addition to IARO’s Management Team.”

 

Mr. Uslu stated, “I am both excited and proud to have been asked to join IARO’s Management team. To have an opportunity to be involved with an exciting company like IARO, at its foundational level, happens only once in a life time. I am dedicated and confident that IARO will produce exceptional shareholder value for in its stockholders in both the short-term and long-term through performance. I am prepared to work hard with our management team and for our shareholders.”

 

HEATHROW NATURAL FOOD & BEVERAGE (OTC: HRNF)

"Up 25.00% in morning trading"

 

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

 

Heathrow Natural Food & Beverage, Inc., is a national distributor of natural food products such as Exfuze, a very popular botanical nutritional beverage and the Heathrow Natural line of Super Food Products. HNFB is based in Florida and generates revenue through online and call center sales as well as over 138 distributors nationwide. HNFB also owns WGL Entertainment, the producer of the WGL Million Dollar Shootout reality television series.

 

HRNF News:

 

October 7 - Heathrow Natural Food and Beverage, Inc. Adds Two New U.S. Distributors

 

Heathrow Natural Food & Beverage, Inc. (OTC: HRNF) announced that it has signed agreements with two new distributors who will service several major retailers in the U.S. Market. First, MCIM Trading of Plymouth, MN will have distribution rights for Target Stores and the Super Value Supermarket chain, both of which are headquartered in Minneapolis, MN. In addition, TP Global of Seattle, WA will have distribution rights to 7-Eleven, Inc, Bartell Drug Company, Costco Wholesale Corp., Fred Meyer Stores, Quality Food Centers and Safeway Inc. Together this represents a retail network of over 13,000 stores nationwide. Distribution of ACAI Plus & Resveratrol Plus is scheduled to begin in the middle of November with production running at 200,000 units per month per brand.

 

"We are thrilled to have come to terms with two premier distributors who have the capability and relationships to place our functional gum products in some of the best known retailers in the country", said Michael Pagnano, CEO Heathrow Natural Food & Beverage, Inc. We will continue to strengthen our distribution channel as we prepare for product rollout and introduction.

 

MEDIAG3 INCORPORATED (OTC: MDGC)

"Up 30.00% in morning trading"

 

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

 

MediaG3, Inc. develops and markets broadband wireless technology products and online applications that empower interactive content delivery to today's fixed and mobile consumers. MediaG3 has signed a $10 million broadband wireless product supply contract, and is in preparation of launching its China Pilot Project, which has been approved by Chinese Ministry of Commerce and State Administration of Radio, Film and Television, as well as financially supported by the US Trade and Development Agency. With signed contracts and additional business in discussions, the company is expected to reach over $20 million in revenue in 24 months.

 

MDGC News:

 

October 5 - MediaG3 Announces the Launch of Imperial Wireless™ 4G WiMAX Services in Boise, Idaho

 

MediaG3, Inc. (OTC: MDGC), a leading developer of broadband wireless products and services, announced the launch of Imperial Wireless™ 4G WiMAX services in Boise, Idaho within the 4G network powered by a major national carrier. The Imperial Wireless 4G WiMAX platform will provide "super fast" mobile internet service areas planned to reach up to 70 markets consisting of over 10 million people by the end of 2011.

 

The Imperial Wireless 4G WiMAX platform currently delivers Ultra High-Speed Mobile Internet Service to 20 US markets. Targeted to serve commercial and residential consumers with true broadband speeds, services will be readily available at home, in the office, and on the go, anywhere within the planned coverage area. MediaG3 expects to greatly expand their full range of broadband services over the coming year.

 

Unlike competitive wireless services, Imperial Wireless™ 4G WiMAX delivers a mobile broadband Internet experience on par with speeds typically experienced only on wired connections, like DSL. With 4G WiMAX services, customers can expect to see average download speeds of 3 to 6 mbps with bursts over 10 mbps. The customer experience is similar to that provided by Wi-Fi, but without the short range limitations of a traditional hotspot. The national carrier uses a 4G technology that differs from Wi-Fi, called WiMAX, which provides service areas measured in miles, as opposed to mere feet. In these markets, the 4G network utilizes an area-wide WiMAX radio system from Motorola.

 

"Our exciting launch of WiMax services will be led by Imperial Wireless Founder and MediaG3 Chairman, Val Westergard, who has substantial experience in the marketing and deployment of broadband services," says Joseph L. Anzalone, President & COO of MediaG3, Inc. He continued: "Val is leading this exciting WIMAX service platform for the company, and we have great expectations that our roll-out strategy will be met with substantial demand from the markets we are pursuing. Current estimates show that the growth potential of the market for mobile interent services is approximately $55 billion over the next few years. We plan to be a substantial provider of these services," added Mr. Anzalone.

 

For over 30 years, Mr. Val Westergard has been recognized as an innovator in the areas of personal computing, wired and wireless networks, and Internet applications. He has played a key role in the inception and development of numerous software applications now being used in over a hundred thousand businesses, churches and schools worldwide. Mr. Westergard was a co-founder of one of the first portable, in-vehicle, voice-activated, mobile, navigation and communication computer systems. Mr. Westergard has created and operated numerous other successful business ventures during his career.

 

VERICHIP CORPORATION (NASDAQ: CHIP)

"Up 18.93% in morning trading"

 

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

 

VeriChip Corporation, headquartered in Delray Beach, Florida, markets its VeriMed™ Health Link System for rapidly and accurately identifying people who arrive in an emergency room and are unable to communicate. This system uses the first human-implantable passive RFID microchip, cleared for medical use in October 2004 by the United States Food and Drug Administration. For more information on VeriChip, call 1-800-970-2447, or e-mail info@verichipcorp.com.

 

CHIP News:

 

October 7 - VeriChip Corporation Receives Exclusive License to RECEPTORS' Patents to Use in Conjunction with its Patent No. 7,125,382 for an "Embedded Bio-Sensor System" to Develop In Vivo Glucose-Sensing RFID Microchip

 

Phase II Development of in Vivo Glucose-Sensing RFID Microchip Will Optimize the Sensing System’s Glucose Response in the Presence of Blood and Interstitial Fluid Matrix Components

 

Glucose-Sensing Microchip Being Developed with Partner RECEPTORS LLC Could Eliminate the Need for Millions of Diabetics to Prick Their Fingers Multiple Times Per Day

 

VeriChip Corporation (Nasdaq: CHIP) ("VeriChip") and its development partner RECEPTORS LLC, a technology company whose AFFINITY by DESIGN™ chemistry platform can be applied to the development of selective binding products, announced today that VeriChip has received an exclusive license to RECEPTORS' Patent No. 7,504,364 titled "Methods of Making Arrays and Artificial Receptors" and Patent No. 7,469,076 "Sensors Employing Combinatorial Artificial Receptors," to use in conjunction with VeriChip's Patent No. 7,125,382 entitled "Embedded Bio-Sensor System," to develop an in vivo glucose-sensing RFID microchip.

 

According to the American Diabetes Association, there are 23.6 million people in the United States, or 8 percent of the population, who have diabetes. Furthermore, the total prevalence of diabetes increased 13.5 percent from 2005 to 2007. The successful development and commercialization of VeriChip's glucose-sensing microchip could negate the need for diabetics to draw blood samples multiple times each day to read their blood glucose levels. Instead, VeriChip believes that patients implanted with the glucose-sensing microchip, if successfully developed, could get a rapid reading of their blood sugar with a simple wave of a handheld scanner.

 

Last week, VeriChip announced its plans to fund Phase II development of its existing partnership with RECEPTORS to develop the glucose-sensing RFID microchip. The goal of Phase II is to optimize the sensing system’s glucose response in the presence of blood and interstitial fluid matrix components and demonstrate the integration of the sensing system components into a stable and reproducible glucose sensor. VeriChip previously announced in November 2008 that RECEPTORS completed Phase I of the project, which demonstrated the proof-of-concept foundation of the glucose-sensing system. The companies have published a white paper entitled, "Development of an Implantable Glucose Sensor," which outlines the product’s development and is available at www.verichipcorp.com.

 

Scott R. Silverman, Chairman and CEO of VeriChip, said, "We are pleased to expand our relationship with RECEPTORS and our intellectual property position as we focus on the development of the glucose-sensing microchip and the virus triage detection system for the H1N1 virus."

 

VeriChip's Patent No. 7,125,382 for an "Embedded Bio-Sensor System" covers a bio-sensor system that utilizes radio frequency identification technology and that includes a remote transponder in wireless communication with an implantable passively-powered on-chip transponder. The bio-sensor system is specifically adapted to provide a substantially stable and precise sensor reference voltage to a sensor assembly that is included with the on-chip transponder. The remote transponder is also configured to remotely receive data representative of a physiological parameter of the patient as well as identification data and may enable readout of one or more of the physiological parameters that are measured, processed and transmitted by the on-chip transponder upon request by the remote transponder. The precision and stability of the sensor reference voltage is enhanced by the specific circuit architecture of the glucose sensor to allow for relatively accurate measurement of the physiological parameter such as measurement of glucose concentration by a glucose sensor without the use of a microprocessor.

 

ABOUT RECEPTORS LLC

 

RECEPTORS LLC develops SMART MATERIALS products for laboratory, clinical, industrial hygiene and healthcare use that selectively capture and measure chemical, biochemical and cellular targets from complex biological, environmental or industrial samples. The Company's patented AFFINITY by DESIGN™ platform has broad applicability, ranging from the isolation of disease pathway proteins for drug discovery and production of therapeutic antibodies, to the capture of bacteria and viruses for disinfection and diagnostic purposes. RECEPTORS LLC is a private company based in suburban Minneapolis, Minnesota.

 

CAPE SYSTEMS GROUP INCORPORATED (OTC: CYSG)

"Up 25.64% in morning trading"

 

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

 

CAPE Systems is an international provider of supply chain management technologies. CAPE Systems offers a comprehensive range of software systems and tools, from packaging and pallet optimization software, RFID asset tracking, to integrated warehouse and inventory management solutions, pick-to-light systems, and transportation management systems for enterprise wide and collaborative supply chain optimization.

 

CYSG News:

 

October 5 - MD Logistics Goes Live With Cutting-Edge Pick-To-Light Technology Expansion From CAPE Systems

 

CAPE Systems Group, Inc. (OTC: CYSG), a leading provider of software technology for packaging design, pallet optimization, RFID Asset Tracking, inventory and warehouse management, supply chain execution and order fulfilment, today announced that MD Logistics, based in Plainfield, Indiana, and one of the fastest growing full service logistics providers in the Midwest region, has gone live with an enterprise wide cutting-edge Pick-to-Light technology expansion at one of MD Logistics' flagship distribution facilities.

 

Mark Sell, CEO of MD Logistics, commented, "We are constantly striving to provide our customers with the best possible service, as well as to always stay ahead of the competition. By utilizing CAPE's advanced technology solutions, we are able to make sure that we are able to fulfil orders for our customers in the most accurate, productive, and efficient manner in the market today. We are extremely pleased with how well CAPE has performed for us through the entire implementation process."

 

Dave Sasson, COO of CAPE, commented, "We are extremely pleased that MD Logistics has selected CAPE to utilize our cutting-edge Pick-to-Light technology and order fulfilment software solutions at its flagship distribution and logistics center in Plainfield, Indiana. MD Logistics is a recognized name and premier provider of logistics services in the Midwest and we are proud to be a strategic technology provider for them and part of their aggressive growth plans."

 

ABOUT MD LOGISTICS

 

The MD family of companies provide contract warehousing, inventory management, fulfillment, distribution, packaging, transportation, and global freight forwarding. Since 1996, MD has grown through delivery of creative customer-driven supply chain solutions. Our menu of services is a direct result of listening to our customer needs and deploying turnkey solutions. Located in Plainfield, Indiana, MD Logistics is leading contract logistics provider for clients in both the pharmaceutical and retail verticals.

LAIDLAW ENERGY GROUP INCORPORATED (OTC: LLEG)

"Up 32.43% in morning trading"

 

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.

 

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