UNDT, AMNP, BMGP, JAGR, AMMX, THRR, October 20 Daily Market Movers Digest Report from OTCPicks.com

Our Stocks to Watch today include Universal Detection Technology (OTCBB: UNDT), American Sierra Gold Corp. (OTCBB: AMNP), Biomagnetics Diagnostics Corp. (OTC: BMGP), Jaguar Mining Enterprises Inc. (OTC: JAGR), AmeraMex International Inc. (OTC: AMMX) and Thresher Industries Inc. (OTC: THRR).

UNIVERSAL DETECTION TECHNOLOGY (OTCBB: UNDT)

"Up 2.56% in morning trading"

Universal Detection Technology is a developer of monitoring technologies, including bioterrorism detection devices. The company on its own and with development partners is positioned to capitalize on opportunities related to Homeland Security. For example, Universal Detection Technology, in cooperation with NASA, has developed a bacterial spore detector that detects certain biohazard substances. The company is also a reseller of handheld assays used for detection of five bioterrorism agents, radiation detection systems, and antimicrobial products.

UNDT News:

October 20 - Universal Detection Technology Anthrax Detection Equipment Approved on New York State H.I.R.E. Contract, Distributed by Strategic Response Initiatives

Post 9/11 IDIQ Contract Expedites Access to Bioterrorism Detection Equipment Recently Certified by Department of Homeland Security in New York and 14 Other States

Universal Detection Technology (OTCBB: UNDT) (www.udetection.com), a developer of early-warning monitoring technologies and counter-terrorism training programs to protect people from bioterrorism and other infectious health threats, announced yesterday that it is preparing for inclusion in the H.I.R.E. (Hazardous Incident Response Equipment) contract, a special IDIQ contract vehicle established in New York State post 9/11.

"Universal Detection Technology's addition to H.I.R.E. allows states and municipalities to quickly equip first responders and law enforcement agencies with the tools needed to combat bioterrorism threats," said Jacques Tizabi, CEO of Universal Detection Technology. "By including UNDT's handheld bio-weapons detection kits in the H.I.R.E comprehensive catalog, we are not only saving vital monetary resources and time spent on individual procurement requests, but we are also rapidly and efficiently supplying the vital resources needed to keep the public safe," continued Tizabi.

UNDT's addition to H.I.R.E. has been approved by the contract manager for New York State's Office of General Services and is pending final approval from the State's Comptroller.

As an H.I.R.E. product, Universal Detection Technology's 5 agent biodetection kits will be available through current UNDT distributor Strategic Response Initiatives, a New York based defense firm specializing in all phases of emergency preparedness planning for a wide range of defense contracts, public and private sector organizations. SRI's customers include Department of Homeland Security, U.S. State Department, U.S. Marine Corps Chemical Biological Incident Response Force (CBIRF) and NATO forces in Afghanistan.

SRI's founder and CEO Robert L. Domenici, a retired U.S. Army lieutenant colonel, is credited with charting H.I.R.E. in 2005 while he served on the WMD Task Force. Established in the wake of September 11th, H.I.R.E. addresses the problems associated with numerous individual procurement requests requiring sensitive grant money for approved products. With H.I.R.E., state and municipal entities can procure equipment without a formalized bid process, resulting in discounted manufacturer costs and a comprehensive, ready-to-order catalog contract with a variety of products, manufacturers and competitive pricing.

In addition to New York State, the contract is reciprocal in 14 other states, including California, Virginia, Massachusetts, Florida and Arizona.

Universal Detection Technology's kits, recently certified by DHS as an "Approved Product for Homeland Security" under the Support Anti-terrorism by Fostering Effective Technologies (SAFETY) Act of 2002, are the industry's only hand-held assay designed to detect and identify up to five separate threats using one sample in a single, easy-to-use device. The kits equip first responders with an effective tool for the rapid onsite detection of up to five biological warfare agents: anthrax, ricin, botulinum toxin, Y. pestis (plague) and Staphylococcal Enterotoxin B (SEB). Detection time is under three minutes.

ABOUT STRATEGIC RESPONSE INITIATIVES (SRI)

Strategic Response Initiatives, LLC (SRI) was initially organized in November of 2005 as a Limited Liability Corporation providing procurement and domestic disaster preparedness training services; As a logical outgrowth of these activities, SRI now assists and supplies various military, firefighting, police, emergency medical services (EMS) and other First Responder organizations worldwide, with their critical equipment, equipment support, equipment specific training, tactical training and information technology needs.

SRI is seeking to become the leading integrator of proven and emerging technologies in the area of specialized logistics management, security assistance and training as well as environmental and disaster preparedness equipment systems and training for military, government and corporate use.

AMERICAN SIERRA GOLD CORPORATION (OTCBB: AMNP)

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 20 - American Sierra Gold Corp. Signs Final Agreement to Acquire High-Grade Discovery Day Gold Project

American Sierra Gold Corp. (OTCBB: AMNP), an independent gold exploration company headquartered in Reno, Nevada, announced that it has signed the final joint venture agreement with Trinity Alps Resources, Inc. to acquire a 75% stake in the high-grade Discovery Day Gold Project. This agreement follows from negotiations based on the Letter of Intent as announced October 7, 2009.

The Discovery Day Gold Project covers over 950 acres and controls the entire Knownothing Mining District in northern California, which includes the four principal mines -- the Gilta, Discovery Day, Hansen, and Knownothing and several other smaller mines and prospects. An ore reserve estimate from 1996 published study by Cooksley Geophysical, Inc. reported a total inferred resource of 1,165,000 ounces of gold, of which over 157,000 ounces were considered to be in the proven and probable categories. The Company will need to re-evaluate historical data and carry out additional exploratory work on the numerous targets available to take the property's resource to a mineable category.

"We are extremely pleased to sign the joint venture agreement, and thus initiate the process of developing the mine. We expect the first year work plan to be approved shortly and allow us to initiate preparatory work for drilling. The turnkey mine and processing facilities, which include a 100 tpd ore mill, are fully permitted for on-site production through 2016 with all environmental impact studies and necessary operational permits completed and approved," said Mr. Wayne Gruden, American Sierra's CEO.

"More than 7 million ounces of gold have been recovered from placer and gold-quartz veins in the Klamath Mountains province of California - Oregon, and we believe that we are well positioned to identify the next large mine in this historically rich region. Past production records show mining runs averaging 12.06 ounces of gold per ton. With proven past production and the high impact prospects, American Sierra is well poised to provide shareholder value at a time of near record gold prices," added Mr. Gruden.

Under the terms of the joint venture agreement, American Sierra has agreed to invest US$2 million in the property over a period of 2 years in order to earn a 75% stake in the project. In addition, American Sierra agreed to issue 2 million shares and 2 million 5-year warrants of AMNP's stock to the vendor of the project over the same period. The warrant package offered, if exercised, could result in an additional $2.5 million of funding available to the Company.

BIOMAGNETICS DIAGNOSTICS CORPORATION (OTC: BMGP)

"Up 20.00% in morning trading"

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 19 - Biomagnetics Diagnostics Completes Equity Financing Round; Prepares Entry into Malaria and Tuberculosis Diagnostics Markets

Biomagnetics Diagnostics Corp. (OTC: BMGP), a producer of revolutionary diagnostic systems and technology for malaria, tuberculosis, HIV and hepatitis testing today announced the completion of its equity financing designed to fund entry into the Integrated Optical Biosensor Systems (IOBS) market. Through this round of equity financing the Company received cash and commitments of approximately $1 million from several private investors and a single philanthropic organization.

"We view the market for both malaria and bovine tuberculosis testing to be significantly underserved with few viable field deployable technologies available. In 2010 we plan to introduce a new generation of products to target this area. This equity financing will be instrumental in this market entry," commented Clayton Hardman, CEO of Biomagnetics Diagnostics. "We believe this technology upon commercialization will not only be profitable for Biomagnetics and our investors, but will also provide an important tool in the medical, research and anti-bioterrorism communities that can potentially improve and save lives."

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 hold the promise to significantly speed the diagnostic testing process and to meaningfully lower costs.

JAGUAR MINING ENTERPRISES INCORPORATED (OTC: JAGR)

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 19 - Jaguar Mining Enterprises Provides Operations Update and Outlook for Cascaronal Project, Jalisco Mexico

Jaguar Mining Enterprises, Inc. (OTC: JAGR) provided an update on pre-production operations on the Cascaronal Project as well as an outlook on its Mexican operations and strategy for the Company.

Jaguar CEO Dale Williams commented: "One of the reasons that iron ore is an enticing area for investment and is attracting attention from investors is the prospect of increasing demand as steelmakers recover. Recently, Rio Tinto Group, the third largest mining company in our industry, raised its 2009 forecast after a strong performance in the second and third quarters. The world's strengthening economy and China's increasing demand for steel under its economic stimulus program has worked against the push for lower-priced iron ore, and we plan to begin production on our Cascaronal Project in time to participate in what we feel will be an upswing in iron ore prices going forward."

Jaguar is currently finalizing its pre-production plans for the Cascaronal Project including equipment leases, facilities, transportation and permitting. During upcoming meetings in Manzanillo, Mexico, senior management will also be negotiating with buyers in an effort to insure a smooth and timely transition to full production, scheduled to commence once permitting has been secured.

With the impending announcement of the Cascaronal Project achieving commercial production, Jaguar plans to make its mark as a reliable producer and provider of iron ore to key international markets. Mr. Williams said, "The iron ore mining and processing experience of our technical team will be a vital component for a successful transition. Additionally, it is most important for an iron ore producer to have access to reliable transportation and port facilities in order to leverage the opportunities of international demand. Jaguar is in the process of securing both."

Outlook

Jaguar plans to convert the Cascaronal Mine from pre-production to production, with the mine being brought up to full production within 120 days thereafter. The company anticipates that it will be cash flow positive at the end of 2010, with revenue of $4.5 million and earnings of $.02 per share. Thereafter, Jaguar is forecasting a 300% increase in annual revenues by fiscal year end in 2012 based solely upon the estimated reserves of the mining leases it currently holds.

Jaguar intends to build upon the platform of assets, production, and cash flow established over the next 12 months. The growth profile of Jaguar will include three primary areas of focus: organic growth of production at the Cascaronal Project; the development of two additional mines in Colima, Mexico; and potential acquisitions of other junior mining operations.

AMERAMEX INTERNATIONAL INCORPORATED (OTC: AMMX)

"Up 84.91% in morning trading"

AmeraMex International sells, leases, and rents heavy equipment to companies within four industries: construction (light and infrastructure), shipping, mining and logging. AmeraMex's largest product line is specialized container handling equipment that enables stevedoring companies to quickly and efficiently load and offload container and general freight ships dockside. AmeraMex, with customers in North America, South America, Asia, and Eastern Europe, has over 30 years of experience in heavy equipment sales and service and inventories top-of-the-line equipment from manufacturers such as Taylor Machine Works Inc. and Terex Heavy Equipment.

AMMX News:

October 20 - AmeraMex International Signs Letter of Intent to Merge With Cromer Equipment Company

Merger Expected to Expand Geographical Reach

AmeraMex International, Inc. (OTC: AMMX), a provider of heavy equipment to infrastructure construction, stevedoring and mining companies, today announced that the company has signed a letter of intent to merge Cromer Equipment, a private company based in Oakland, CA, into AmeraMex International. AmeraMex International, Inc. will be the name of the new entity.

The merger of the two companies will produce pro forma revenue of $38.5 million, EBITDA (earnings before interest, tax, depreciation and amortization) of $650,000 for calendar 2008, and a combined 60 employees. Corporate headquarters will remain in Chico, CA, with locations in Oakland, Santa Rosa and Sacramento, CA. AmeraMex CEO Lee Hamre and Cromer Equipment President Marshall Cromer are second generation owners and operators of heavy equipment companies that have been in business for over 20 years. While the negotiations for the merger are taking place, Cromer Equipment will locate two mechanics and a sales person at AmeraMex's Chico location.

"The addition of Marshall and Cromer Equipment to the AmeraMex family will bring depth to our management team and allow me to concentrate on the promising international market, while Marshall manages our domestic growth," commented AmeraMex CEO Lee Hamre. "The merger not only enlarges our geographical reach, but provides new product lines, equipment expertise and additional target markets.

"Our goal is to have the merger completed by the end of the first quarter of 2010," concluded Hamre.

ABOUT CROMER EQUIPMENT INC.

Cromer Material Handling is entering its 20th year in business, and during that time has evolved into the most diverse material handling company in the San Francisco Bay Area and surrounding wine country. The company sells and services multi-lines of forklifts to meet customers' needs and applications. Cromer is involved in a "service business," and each employee understands the necessity to perform tasks quickly to meet critical deadlines. Cromer Equipment's outstanding reputation is based on its ability to always put its customers first as they strive to exceed expectations.

THRESHER INDUSTRIES INCORPORATED (OTC: THRR)

"Up 25.00% in morning trading"

Thresher Industries, Inc. is a leading manufacturer of low carbon footprint conventional and custom machined die castings made from 100% recycled aluminum and metal matrix composites. Based in Hanford, California, the Company operates an ISO 9000-compliant, green foundry that integrates bio-degradable technologies and processes to lower the economic and environmental costs of production. Thresher offers full engineering support, designing, and prototype development to a variety of industries in the U.S. and Europe.

THRR News:

October 20 - Thresher Industries Completes Major Upgrade and Places Into Operation One High-Speed, Energy-Efficient Machine

Thresher Industries, Inc. (OTC: THRR) announced that the company has completed a retro-fit of one of its two Toshiba high pressure die casting machines acquired in April of 2009. This machine has been completely retrofitted with advanced controls and a high efficiency main electric motor for the hydraulics. The machine has been tested and runs made to confirm the performance and effect of these upgrades. The upgraded Toshiba is capable of filling parts in less than 20 milliseconds, while casting parts from ounces to 15 pounds and cycle times of less than 30 seconds are attainable with this highly efficient piece equipment.

In line with the Company's commitment to preserve the environment, Thresher is on track to complete a total of three high-pressure machine upgrades, including the first Toshiba machine, as soon as possible and parts permitting. The second Toshiba machine is expected to be complete and operational by mid-November. By December, the Company plans to release its fully upgraded one hi-bred 650 ton high pressure die casting machine, also acquired in April of 2009.

"Our new work cell is streamlined and capable of high-volume output, yet has little impact on the environment. We believe that recycling old machines is not only good for the environment, but is a more profitable way to significantly upgrade our business, while controlling costs," said Tom Flessner, President and CEO of Thresher Industries, Inc. 'With the first Toshiba machine exceeding our performance expectations we anticipate significant growth through 2010. The increased capacity alone etc. $4,000,000 annualized revenue year over year.

Thresher delivers lightweight, high strength, heat resistant components that resist wear and can lead to weight savings of around 40% compared to conventional aluminum casting technology. Markets served include Homeland Security, defense and aerospace markets, transportation, automotive, agriculture and many emerging growth industries worldwide.

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Forward-Looking Statement: This press release includes "forward-looking statements" within the meaning of the federal securities laws, commonly identified by such terms as "believes," "looking ahead," "anticipates," "estimates" and other terms with similar meaning. Although the Company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can give no assurance that these assumptions will prove to be correct. Important factors that could cause actual results to differ materially from the Company's projections and expectations are disclosed in the Company's filings with the Securities and Exchange Commission. All forward-looking statements in this press release are expressly qualified by such cautionary statements and by reference to the underlying assumptions.

Disclosure: OTCPicks.com has been compensated for UNDT advertising and promotional services but OTCPicks principals have purchased six hundred thousand free trading shares on the open market and may sell their shares at any time. OTCPicks.com has been compensated seven thousand five hundred dollars from a non-controlling third party (BlueWave Advisors) for AMNP advertising and promotional services. OTCPicks.com has been compensated seven thousand five hundred dollars by a third party for BMGP advertising and promotional services. OTCPicks.com has been compensated ten thousand dollars by the company for a current BMGP advertising and promotional services. OTCPicks.com has been compensated two hundred thousand free trading shares by a third party (Microcap Management) for JAGR advertising and promotional services. OTCPicks.com has been compensated five hundred thousand shares by Monarchy Capital for THRR advertising and promotional services.

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