Dallas tx 10/16/2009 1:01:02 AM
News / Business

NTMI, AMNP, MFLI, MDOR, BMGP, DVME, EXBX, SNDY, IOVE, PDMI, GSAE, BZCN OTCPicks.com Daily Market Movers Digest Midday Report for Thursday, October 15th

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

Our Stocks to Watch today include NT Media Corp. (OTCBB: NTMI), American Sierra Gold Corp. (OTCBB: AMNP), Muscle Flex Inc. (OTC: MFLI), Magnum D'Or Resources Inc. (OTCBB: MDOR), Biomagnetics Diagnostics Corp. (OTC: BMGP), Diverse Media Group Inc. (OTC: DVME), Exobox Technologies Corp. (OTCBB: EXBX), Solos Endoscopy Inc. (OTC: SNDY), Accredited Business Consolidators Corp. (OTC: IOVE), Paradigm Medical Industries Inc. (OTCBB: PDMI), Green Star Alternative Energy Inc. (OTC: GSAE) and BizAuctions Inc. (OTC: BZCN).

 

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

 

NT MEDIA CORPORATION (OTCBB: NTMI)

"Up 5.88% in morning trading"

 

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

 

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

 

NT Media is a start-up digital media solutions provider and developer of niche content websites. The interactive and community-oriented content for NT Media sites, as well the sites' advertising, target specific interest groups and demographics in order to create an ongoing and open dialogue on trending topics and issues. NT Media's online communities integrate increasing trends in online social networking and community building, user generated original content and third-party applications.

 

NTMI News:

 

October 15 - NT Media to Produce Original Series for NeuroTrash.tv

 

Video-Sharing Site NeuroTrash.tv Launches Ongoing Original Content Initiative With a New Comedy Webisode

 

NT Media Corp. (OTCBB: NTMI), a developer and operator of media and social networking websites, announced that it will produce an original comedy series exclusively available on its alternative-format video-sharing site NeuroTrash.tv as part of an ongoing program to publish and distribute original content.

 

The video, currently in pre-production, will feature anecdotal nightlife experiences with the comedic performances of an ensemble cast. Production is scheduled to begin in November and the webisode is scheduled to be released at the first part of 2010.

 

Launched in January 2009, NeuroTrash.tv is a video-sharing site targeting young adults between the ages of 18 and 35. Users are able to post and share videos on the site, and take advantage of the site's video player for sharing original videos on their own sites, social networking profile pages and blogs.

 

"The production of NeuroTrash.tv's first original video is a milestone for both the community and NT Media," said NT Media CEO Ali Moussavi. "The webisode will appeal to our target audience, and we anticipate its viral release will draw increased attention to the value of NeuroTrash.tv and will position the site as a leader of a highly-demanded niche."

 

NT Media's revenue model for NeuroTrash.tv is based on standard display banner ads, in-stream video advertising, products sales and services. Advertisers are also able to earn revenue from video ads embedded in other websites on which NeuroTrash.tv users place videos. For advertising and sponsorship opportunities please email contact@ntmedia.tv.

 

AMERICAN SIERRA GOLD CORPORATION (OTCBB: AMNP)

 

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

 

Company Profile: http://www.otcpicks.com/american-sierra-gold/american-sierra-gold.htm

 

American Sierra Gold Corp. is a publicly traded independent gold exploration company headquartered in Reno, Nevada. Shareholders and prospective investors are encouraged to call investor relations at 1-888-279-3921 or visit American Sierra Gold Corp's website at www.americansierragold.com.

 

AMNP News:

 

October 15 - American Sierra Gold Corp. Announces Significant Cancellation of Stock

 

American Sierra Gold Corp. (OTCBB: AMNP), an independent gold exploration company headquartered in Reno, Nevada, announced that Wayne Gruden, the Company's CEO, has agreed to cancel 19,000,000 shares of his American Sierra Gold Corp. stock. The number of total shares being retired represents 23% of the currently outstanding common stock.

 

"I decided to retire these shares to allow American Sierra to be in an advantageous position in the implementation of our acquisition plans and to boost shareholder value. This reduction in the outstanding number of shares in the company will allow us to fuel acquisitions without unnecessary dilution to current shareholders. In addition, the cancellation will make our company more attractive for prospective financing," commented Wayne Gruden on the share cancellation.

 

The cancellation of these shares takes out a significant fraction of American Sierra's total shares outstanding, reducing it from 82,583,334 to 63,583,334. Our management and directors will still hold an aggregate of 33,000,000 common shares of American Sierra Gold, equivalent to approximately 51.9% of our issued and outstanding shares.

 

October 14 - Emerging Stock Report Initiates Independent Research Coverage On American Sierra Gold Corp.

 

Emerging Stock Report, a leading provider of sector specific independent investment research, today initiated coverage on American Sierra Gold Corp. (OTCBB: AMNP). Emerging Stock Report is currently offering a complimentary trial subscription. View the company's research at www.emergingstockreport.com.

 

October 13 - American Sierra Gold Corp. Signs $6 Million Equity Financing Agreement

 

American Sierra Gold Corp. (OTCBB: AMNP), an independent gold exploration company headquartered in Reno, Nevada, announced that it has entered into an equity financing agreement with a European-based institutional investor for up to $6,000,000.

 

"We are very pleased to have closed this equity financing agreement as it will allow us to fund the implementation of our operations and acquisitions strategy. This agreement is an indication of confidence in the future of our projects and will ensure the future growth of the Company," stated Mr. Wayne Gruden, American Sierra Gold's CEO and President. "The stock purchase warrants attached to each unit to be sold under this agreement, could eventually translate into an additional $10.5 million in funding available to the company," added Mr. Gruden.

 

Under the terms of the agreement, American Sierra has the right to call upon funds for up to $6,000,000 by issuing units consisting of one share of its common stock and one common stock purchase warrant exercisable for the purchase of one additional share of common stock. The securities to be issued under the agreement 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. Full details of this agreement can be reviewed on our latest SEC filings.

 

MUSCLE FLEX INCORPORATED (OTC: MFLI)

"Up 7.14% in morning trading"

 

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

 

Company Profile: http://www.otcpicks.com/muscle-flex-inc.htm

 

Muscle Flex Inc. brings new products to market using direct response TV infomercials specializing in the health, fitness, wellness and hygiene sectors. As well, Muscle Flex Inc. develops and creates general television content for network and cable television distribution. Muscle Flex's corporate strategy is to develop new and innovative products for sale and distribution via its proprietary direct response marketing system and the creation of television media and shows for general network and cable broadcast.

 

MFLI News:

 

October 14 - Muscle Flex Prepares for the November National Launch of The BUDDY Tablet Caddy and The Beagle StepFit Pedometer Infomercials and Provides Detail on Its Marketing Strategy

 

Muscle Flex Inc. (OTC: MFLI) (www.MuscleFlexInc.com) announced that it is preparing for the November national launch of the The BUDDY Tablet Caddy™ (www.BUDDYTabletCaddy.com) and The Beagle StepFit™ Pedometer infomercials (www.BeagleStepFit.com). Muscle Flex will be launching both products simultaneously with each product being featured in their own 2-minute infomercial. The Muscle Flex strategy is to open up markets for each of its products through a multi-faceted marketing approach. This includes:

 

1. Airing and releasing The BUDDY and The Beagle in the same markets to intentionally increase the repetitive effects of the TV exposure.

 

2. Cross pollinating and up-selling The BUDDY with the The Beagle, and vice versa, by offering the other through an up-sell to the consumer with an applied discount (20% - 25%) both through the online e-commerce engine and live operator sales.

 

3. A dedicated one-page landing page for each product.

 

4. Reinforce each local market with print media; primarily newspaper and direct mail pieces.

 

5. Online Guerilla marketing tactics.

 

6. "Pay per performance" TV media as well as TV media purchase.

 

Muscle Flex strongly believes in "brand visibility & recognition" as it develops each market, which is why releasing multiple products in the same markets is a key element in maximizing the revenue potential of each product campaign and allowing Muscle Flex to release subsequent products in markets in which it has established brand identity and recognition.

 

The Muscle Flex strategy is a "Drive to the Internet" strategy where transaction costs are the most advantageous; however, a 1-800 customer order feature is always included on all product releases. Each respective one-page landing ecommerce page for the BUDDY and The Beagle is currently being finalized.

 

Muscle Flex has a number of additional products that are ready for commercial distribution which include an at-home water filtration product it expects to retail from between $19.95 - $29.95, the Muscle Flex VATA Brasil™ Sports and Active Wear Collection and several other products that Muscle Flex will provide additional details on shortly. Muscle Flex is focusing its time and resources in the lower priced item categories which requires a fraction of the resources to bring a product to market and dramatically mitigates risk by spreading its resources across a number of consumer products as opposed to one large high priced item. As well, 2-minute short form commercials allow for 24 hour / 7 day penetration into national cable and network markets as opposed to the 30-minute format which is limited in the time and day it can air. This allows Muscle Flex to grow its brand(s) and consumer awareness across a wider audience from both a demographic and geographic perspective.

 

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 14 - Greentech International Advisors Returns From Successful International Conference and Updates the Market

 

Greentech International Advisors, Inc announces breakthrough developments with Magnum D'Or Resources, Inc. (OTCBB: MDOR) , a next generation rubber recycling solutions company.

 

Greentech would like to announce the following important information:

 

First, the official test results from the RRI World Renowned (Malaysia Rubber Research Institute facility in Sungai Buloh www.lgm.gov.my) are available and will be released in detail this week.

 

Second, that positive major news is expected to be released by the week of the 19th of October 2009, with regards to the Colorado site.

 

Third, Magnum is expected to receive independent national and international media coverage within the next couple of weeks.

 

Further, Greentech's V.P. stated, "I just returned from successful international conference involving the marketing and exposure of Magnum's Revolutionary technology and Rubber Recycling processes. I am thrilled to say that there are some good times ahead of us and that over the last few weeks MDOR has released astounding news that shows that Magnum and the Magnum/SRI Force are positioned to become a Market Leader in the Global Rubber Production Market."

 

Greentech is confident that MDOR is a solid investment opportunity for the following reasons:

 

First, MDOR has developed a number of Magnum/SRI custom compounds to be used in several challenging and commercially important applications. Their efforts have targeted applications ranging from general molded and extruded rubber goods through more demanding applications, such as premium retread and medium specification automotive components.

 

Second, they have also put a great deal of effort in successfully producing a Magnum/SRI custom compound to be used as a substantive component in light truck tire manufacture. This in itself was a Worldwide Breakthrough and a First in the History of the Rubber Industry and MDOR achieved it successfully.

 

Third, MDOR can successfully activate crumb rubber produced at their facilities and then process it into a custom compound that can be used as a substantial substitution component in the manufacture of OEM light truck tires without compromise in properties. Prior to recent Magnum/SRI positive test results, this had never been accomplished at these levels before and the challenges in achieving it had been more then substantial.

 

Greentech's certain that MDOR is a major opportunity at these levels for the following reasons:

 

First, up until recent successful Magnum news, it should be noted that in technically challenging compound applications, such as OEM tires, the proportion of recycled content has historically been limited to a very small proportion if any. Usually the amount of surface treated tire crumb utilized in these applications is limited to only 2% to 3% (max) range. Any lager amount tends to lead to very serious and unacceptable consequences in terms of performance parameters and even catastrophic failure. Since people's lives are dependent upon performance parameters in this category they are not taken lightly. Even in the case of Retread compounds the level of recycled content and usage of processing aids is limited. This translates directly to the quality and performance of the retread.

 

Prior to the recent Breakthrough Success of Magnum/SRI there had been NO material, process, or technology to date that has been able to successfully break into this category which covers automotive to heavy truck tires. However Magnum/SRI have officially made history with their Revolutionary Custom Compounds by adding 20% rubber recycled content to an EOM Light Truck Tire and still had it produce the same value added performance and properties as the Original Virgin Light Truck OEM Tire.

 

Second, as recently stated Magnum Engineering International (MEI) is in serious negotiations to close on several new projects that are expected to generate a gross sale in excess of $40,000,000 US and are expected to be finalized by January 2010. We feel the recent news announcement will help add a substantial amount of revenue and earnings to the company's bottom-line as well as propelling the company forward in the next few months which could lead to a much stronger stock and company (liquidity too).

 

Third, there are several major accomplishments including facts and data, that proves why MDOR will leapfrog into the future for OEM Virgin Tire and Retread tire manufactures. These two markets alone are roughly a $20 billion industry that MDOR has successfully entered with their Breakthrough Revolutionary Magnum/SRI custom compounds. Magnum/SRI Revolutionary custom compounds will not only provide the value added properties but also provide the manufacture (client) with substantial cost savings on their raw material purchases."

 

October 13 - Magnum Engineering International ('MEI') Announces $40 Million in Expected Projects

 

Magnum D'Or Resources, Inc. (OTCBB: MDOR), a next generation rubber recycling Solutions Company, wholly owned subsidiary, Magnum Engineering International, Inc. ('MEI')

 

MEI is aggressively entering the environmental solutions market with proven technology to design and construct turnkey plants, as well as provide complete environmental solutions to third parties utilizing profitable business models. Part of that mission is to assure quality, excellence and continual improvement of environmental performance. One of MEI's staff engineers stated, "We have developed a model that allows us to build plants for clients around the world, have them financed using export financing, and arrange for the sale of the output through Magnum's network of clients. Furthermore, the business model establishes a rapid investor payback within 36 months."

 

MEI Recent Negotiations

 

MEI is in both initial and final negotiations with a number of parties and is working with U.S. government affiliates in order to conclude the anticipated ventures. The current projects are expected to generate a gross sale in excess of $40,000,000 US and are expected to be finalized by January 2010. MEI is excited to announce their current negotiations involve several large institutions in order to build full service facilities in both the Middle East and Europe.

 

Glusic went on to say, "There has been a tremendous amount of discussions, both national and international, with companies looking for assistance for solutions to their tire and rubber recycling issues."

 

President and CEO of Magnum, Joseph Glusic commented, "I am extremely pleased at how quickly MEI has developed the market we had previously ignored. This will prove to be a profit center of its own, adding directly to the bottom line of Magnum. Although we knew there was considerable interest in our process and technology we never really took the opportunity to focus on that market. Now we have the personnel and the resources to support these activities."

 

In addition to assisting the Magnum group with all technical and engineering solution services, MEI has recently assumed all client inquires, discussions, and International negotiations that were previously being conducted by MDOR in relation to third party recycling solutions. MEI and its affiliates are developing a full service engineering and service solutions company.

 

MEI Strategic Plans

 

MDOR has recently received the initial equipment necessary to commence work on the Colorado site. MEI has officially commenced work on developing a turnkey state of the art rubber recycling plant in Colorado using some of the most advanced technology available on the market. MEI and Magnum/SRI have been working hand and hand to determine the most economical and beneficial solution for the fine rubber production output. MDOR plans to produce large quantities of high end/high quality rubber powders, as well as, revolutionary custom compounds at the site. MEI has already taken steps in order to launch the new look for Magnum's Magog facility for the production of high quality fine rubber powders. These powders will be immediately introduced to the Magnum/SRI Next Generation Custom Compounds in the near term.

 

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 14 - New Technology Hopes to Change Field Diagnostic Testing as We Know It

 

BioMedReports.Com, the news portal which covers Wall Street's biomedical sector and delivers financial and investment intelligence to a community of highly informed investors, has released an exclusive interview with a spokesman for Biomagnetics Diagnostics Corp. (OTC: BMGP), the company behind a revolutionary diagnostic systems and technology for malaria, tuberculosis, HIV and hepatitis field testing.

 

Several key developments have put this company on biotech investors' radar screens in recent weeks and according to one report, the low-float penny stock that is still trading well below analyst estimates.

 

Diagnostics, the technologies and tools used to identify diseases and conditions in patients, make up the second-largest portion of the biotechnology industry, and this technology allows laboratories to perform far more tests in the same amount of time it takes to do a single test and is designed to detect the actual virus and viral load in any body fluid. Learn more about the company's goals to provide this innovative technology, which was originally developed by the U.S. Department of Homeland Security, via the special report interview which is available now at BioMedReports.com:

 

http://biomedreports.com/articles/most-popular/12852-diagnostics-company-aims-to-change-lab-field-testing-otcbmgp.html

 

Biotech investors interested in accessing the news portal's complete database of clinical trials and upcoming FDA decisions can access that information here:

 

http://biomedreports.com/fda-calendar/fda-calendar.html

 

October 13 - Biomagnetics Diagnostics Corp. Subject of Cover Page Story in Prestigious BioMedReports Electronic Newsletter

 

Biomagnetics Diagnostics Corp. (OTC: BMGP), a producer of revolutionary diagnostic systems and technology for malaria, tuberculosis, HIV, and hepatitis testing, today announced the Company is the subject of a cover page story in the prestigious BioMedReports electronic newsletter and portal. BioMedReports covers medical news and the healthcare financial sector. The cover page story and associated audio interview can be viewed at:

 

http://biomedreports.com/articles/most-popular/12852-diagnostics-company-aims-to-change-lab-field-testing-otcbmgp.html.

 

“The information contained in the BioMedReports article and interview provides an excellent overview of our strategic and product directions. We are very excited about our entrance into the integrated optical biosensor market, especially relating to the malaria and bovine tuberculosis testing market,” commented Clayton Hardman, CEO of Biomagnetics Diagnostics Corp. “We believe significant demand currently exists within this underserved market and we expect the size of the market opportunity to continue to expand over the coming years.”

 

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. Early detection substantially improves treatability and survivability. Field deployable integrated optical biosensor systems, such as those under development at Biomagnetics Diagnostics, hold the promise to significantly speed the diagnostic testing process and to meaningfully lower costs.

 

DIVERSE MEDIA GROUP INCORPORATED (OTC: DVME)

"Up 11.11% 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.

 

EXOBOX TECHNOLOGIES CORPORATION (OTCBB: EXBX)

"Up 130.22% in morning trading"

 

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

 

Exobox Technologies Corp. develops information risk management and security solutions that help organizations protect and recover their most valuable information assets. It is committed to its vision to create a more secure environment for the information-centric community through the development of new technologies and security services. Exobox is headquartered in Houston, Texas.

 

EXBX News:

 

October 14 - Exobox Announces It has Entered Into a Letter of Intent to Acquire $22.5 Million of Proven Reserves

 

Exobox Technologies Corp. (OTCBB: EXBX) (the "Company") announced that one of its board members has identified and assisted management in entering into a non-binding letter of intent to acquire 15 income producing oil & gas wells in the Clinton and Marcellus Shale region in Ohio from a private oil & gas company. These oil & gas wells have a represented PV10 reserve value of approximately $22.5 million (based on current NYMEX pricing). It is intended that the cash flow and net worth from the oil and gas assets will assist to further develop the Company's software products and technologies, as well as those oil and gas assets being acquired. The parties intend on executing a definitive agreement on or before October 19, 2009.

 

"Upon the closing of the transaction, this will enable Exobox to continue its operations as originally planned. It should provide us critical mass and bring substantial asset value to the Company," said Exobox CEO, Kevin Regan.

 

The non-binding letter of intent contemplates a purchase price of approximately $13.25 million which includes the assumption of existing debt in an amount not to exceed $3 million, as well as the issuance to the seller of a combination of convertible notes, convertible preferred stock and common stock that on a fully-converted basis would not exceed 9.9% of the total shares outstanding of the Company.

 

This is a non-binding letter of intent, subject to completion of due diligence by both parties and negotiation of definitive agreements, and there can be no assurance that a definitive transaction will be entered into between the parties incorporating these or any other terms.

 

SOLOS ENDOSCOPY INCORPORATED (OTC: SNDY)

"Up 14.65% in morning trading"

 

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

 

Solos Endoscopy, Inc. is a healthcare technology company whose mission is to develop and market breakthrough technology, applications, medical devices and procedural techniques for the screening, diagnosis, treatment and management of medical conditions. Backed by technical support, Solos' sales team can help make the right buying decisions for the hospital, surgery center, or physician office.

 

SNDY News:

 

October 14 - Solos Endoscopy, Inc.'s FDA Approved MammoView™ Product Line to Obtain CE Mark

 

Company to Enter the $94 Billion European Medical Device Market

 

Solos Endoscopy, Inc. (OTC: SNDY) announced that the Company has taken the initial steps to obtain the CE Mark for its Food and Drug Administration (FDA) approved MammoView™ line of surgical endoscopy instruments. This will allow the MammoView™ line to be sold throughout the European Economic Union (EEU). The entire Solos Endoscopy product line has already received FDA approval for sale within the U.S. and the Company is now working diligently to capture market share within the EEU. According to a 2009 report published by Frost & Sullivan, the EEU represents $94 Billion, or 30%, of the worldwide demand for medical instruments.

 

Solos Endoscopy is working closely with its manufacturers to ensure all requirements of the Medical Devices Directive (MDD 93/42/EEC) are met. The Company is familiar with the steps that are to be taken to obtain the CE Mark for its MammoView™ line of surgical endoscopy instruments, as all of the Company's other medical devices have already obtained the CE Mark. Solos Endoscopy is currently in discussions with several companies, to act as its Authorized Representatives (EC REP) to liaison with its targeted European markets.

 

"Expanding into the EEU provides unlimited sales opportunities for Solos Endoscopy and our goal is to commence sales, within several European countries, in 2010," stated Bob Segersten, President of Solos Endoscopy, Inc.

 

ACCREDITED BUSINESS CONSOLIDATORS CORPORATION (OTC: IOVE)

"Up 30.00% in morning trading"

 

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

 

Accredited Business Consolidators Corp., formerly known as the Italian Oven, is a diversified holding corporation. Visit www.accreditedbiz.com (under construction) for information on its affiliated companies. The total number of common shares outstanding is 436,399,500. 328,018,200 shares are in the public float and on hand with CEDE & Co., 70,546,600 shares are restricted in certificate form, and 37,834,700 shares are unrestricted but in certificate form. There will be no increase in shares until at least April 2010.

 

IOVE News:

 

October 15 - Accredited Business Consolidators Corp. Forms Public Company to Hold European Businesses

 

Accredited Business Consolidators Corp. (OTC: IOVE), f/k/a the Italian Oven Inc., disclosed that it formed a public limited company in the United Kingdom for its European businesses. The company will hold businesses and investments in Romania, Serbia, Kosovo, Montenegro, Albania, Poland, the Czech Republic, and possibly other developing regions. The business model will mirror that of IOVE, i.e., to locate businesses and develop them until they are ready to stand on their own.

 

IOVE directed its accountants to create Accredited Consolidators Europe, PLC ("ACE PLC") in London, England. The Company issued shares as follows: 4,000,000 ordinary shares for IOVE and 1,000,000 for My Pleasure, Limited. If the name is approved, the charter will be issued October 15, 2009.

 

After formation, ACE PLC will file an application to commence trading. Once this occurs, IOVE will release 1,745,598 of its shares to IOVE's common shareholders through a dividend. For every 250 shares of IOVE, the shareholder will receive 1 share of ACE PLC. IOVE's treasury will continue to hold the remaining 2,254,402 shares. The ex-date will be announced as soon as possible with an estimated time of four to six weeks.

 

Shortly after distribution, ACE PLC will apply for a listing on the Alternative Investment Market of the London Stock Exchange.

 

PARADIGM MEDICAL INDUSTRIES INCORPORATED (OTCBB: PDMI)

"Up 25.45% in morning trading"

 

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

 

Paradigm Medical Industries, Inc. is a medical device company that develops, manufactures and distributes cutting edge, new innovative products in the diagnostic ultrasound and early glaucoma detection markets. Paradigm has the only patented technology utilizing photon laser for cataract removal. The Company is poised to capture a niche market within the Glaucoma and ultrasound microscopy fields. Paradigm Medical Industries markets its products to ophthalmologists, optometrists, universities, and clinics throughout the United States, as well as internationally.

 

PDMI News:

 

June 1 - Paradigm Medical Announces Plans to Release Its New Corneal Topographer, the Paravue, in the United States Market

 

Paradigm Medical Industries, Inc. (OTCBB: PDMI) announced that the Company will soon begin to introduce the first of its four new ophthalmic diagnostic devices, the Paravue, during the remainder of 2009. The Paravue is a sophisticated topographer utilizing Placido Disk Technology and an advanced software to provide accurate and detailed analysis of the anterior corneal surface.

 

Corneal topography — also known as videokeratography or corneal mapping — represents a significant advance in the measurement of the corneal curvature. Most corneal topographers evaluate 8,000 to 10,000 specific points across the entire corneal surface. By contrast, the Paravue processes more than 100,000 points. It also offers corneal wave front analysis with 2, 3 or 4 maps available for comparison.

 

The Paravue provides both a qualitative and quantitative evaluation of corneal curvature. It does so by utilizing a big placido disk with 24 concentric rings, which project onto the cornea to create a virtual image. The device compares this image to the target size, and the computer then calculates the corneal curvature. Advanced features including advanced rings editing, variable scales, refractive power map and more make the Paravue a valuable tool in the optometric and ophthalmic clinics.

 

"The addition of the Paravue to our existing ophthalmic product line fills an important segment that was missing," said Paradigm Medical President, Stephen Davis. "We are excited to offer not just another topographer, but one with many impressive features and incredibly friendly software that provides ease of use, flexible mapping and accuracy."

 

GREEN STAR ALTERNATIVE ENERGY INCORPORATED (OTC: GSAE)

"Up 15.38% in morning trading"

 

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

 

Green Star Alternative Energy is an environmentally conscious, renewable energy producer. The Company is working to develop more than 300 MW (megawatts) of clean electricity through wind energy. The corporate revenue model is two-fold: the use of a renewable resource allows not only for the creation of environmentally friendly energy, but the granting of carbon (greenhouse gas) emission credits which may be traded and sold. Green Star is pursuing a significant opportunity to provide clean energy to the growing Republic of Serbia and neighbouring European countries. Through a joint venture with key wind farm and power trading company Notos, Green Star will become the nation's first developer of wind power. GSAE is focussed on green technology and sustainable energy programs like wind turbines, hydro electric power generation, and other renewable electricity models.

 

GSAE News:

 

October 14 - Green Star Analysis Shows 50MW Wind Farm Potential in Veliko Gradiste

 

Green Star Alternative Energy, Inc. (OTC: GSAE) (“GSAE” or the “Company”) announced that an analysis of the Veliko Gradiste zone demonstrates the potential for 50MW of wind energy development. As per the agreement with the municipality, Green Star is exploring the economic viability of the region’s wind resources to determine whether to exercise the right to develop wind power and supply the area with green electricity.

 

The Company’s wind resource engineer, MSc. Nikola Vasiljevic, has sited three separate micro locations in his report: two in Ram and one in Deliblatska Pescara. Plans to erect one of the Company’s wind sensors at the Ram site are underway. The Municipality of Veliko Gradiste is located in north-east Serbia approximately 100 km east of the capital, Belgrade. Its territory encompasses 344 square km on the right bank of the Danube River and left bank of the Pek River.

 

Miodrag Andric, CEO of Green Star Alternative Energy, stated: “The Company is committed to increasing its portfolio of wind farm development locations. By utilizing comprehensive analysis and meticulous exploration systems, Green Star will continue to acquire gainful opportunities in the wind energy sector.”

 

BIZAUCTIONS INCORPORATED (OTC: BZCN)

"Up 75.00% in morning trading"

 

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

 

BizAuctions, Inc. is a prime provider of commercial eBay liquidation services for excess inventory, overstock items, and returns. Our clients have included some of the Nation's leading retail names at the forefront of their industries. BizAuctions addresses the $60 billion excess inventory problem for clients by sending trucks to pick up pallets of excess inventory, selling the inventory on eBay, and collecting payment. We provide our clients with a new sales channel to generate additional revenue on excess inventory, while at the same time freeing up their valuable storage and retail space. With a long-term strategy to provide eBay liquidation services to Fortune 1000 enterprises, BizAuctions is a clear and lucrative solution for most any business to liquidate its excess inventory on eBay.

 

BZCN News:

 

August 12 - AmeriResource Plans to Create Overstock.com-like Retail Web Site to Boost BizAuctions Revenue

 

AmeriResource Technologies, Inc. (OTC: ARIO) announced it is in the preliminary stages of creating a web site designed to sell certain discounted goods through a web platform that is intended to resemble an Overstock.com like web site.

 

Delmar Janovec, AmeriResource, CEO, noted, "BizAuctions (OTC: BZCN) primarily sells its products through its eBay platform and clothing articles through its newly opened retail store, Lucky 7's, in Southern California. Selling certain products directly to the public on a new web site may be a way to boost revenues and improve margins. We already have the staff and warehouse space to accommodate selling directly to the public so the only real additional cost will be the creation of the web site."

 

Mr. Janovec continued, "We understand that in order to significantly boost revenues it is very important that BizAuctions begins brand building by initiating a significant marketing campaign through traditional channels such a billboards, TV, pay per click ads, obtaining celebrity endorsements and the like. Over the coming months, AmeriResource and its subsidiaries are going to explore its options in launching a national marketing effort. It is clear from such penny stock companies like SpongeTech traded on the OTCBB that traditional marketing not only helps build your brand but also appears to have a positive impact on liquidity and share value."

 

"AmeriResource also is in the process of updating its own web site and subsidiary web sites as well as its ATTO Solutions web site which has dated information. We are committed to delivering up to date and accurate information to potential customers and investors alike. Management is working diligently to bring AmeriResource filings current with the SEC and revamping our web site to be in compliance with the current information requirements," concluded Janovec.

 

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