EGYF, PVRE, MEDG, EQLB, BLLN, DSCO OTCPicks.com Stocks to Watch for Friday, October 30th

Our Stocks to Watch tomorrow include The Energy Finders Inc. (OTC: EGYF), Pavilion Energy Resources Inc. (OTC: PVRE), MediaNet Group Technologies Inc. (OTCBB: MEDG), EQ Labs Inc. (OTC: EQLB), Brilliant Technologies Corp. (OTC: BLLN) and Discovery Laboratories Inc. (Nasdaq: DSCO).

ENERGY FINDERS INCORPORATED (OTC: EGYF)

"Up 86.67% on Thursday"

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

Energy Finders is an independent oil and gas company building a diversified portfolio of valuable oil and gas assets in the United States. The company focuses on identifying underperforming energy assets, which are revitalized through a meticulous process of evaluation, application of modern well technology, and stringent management controls. This process allows the company to increase its asset base and cash flow, while significantly reducing the risk of traditional exploration projects. Energy Finder's business model also allows it to minimize the high overhead of traditional E&P companies, providing it with sufficient assets and capital to acquire new properties as they fit into the profile of the company’s criteria.

EGYF News:

October 29 - Energy Finders, Inc. Enters Into Negotiations to Sell Certain Leases

The Energy Finders, Inc. (OTC: EGYF) announced that it has entered into preliminary negotiations to sell or joint venture all or part of its interest in the Trinity project in Edwards County in Texas.

If the Company is successful in either selling or joint venture arrangement, it intends to consider other projects within North America.

The Company may seek to redirect resources toward the Bakken Shale area situated in North Dakota, Montana and Saskatchewan. Recent drilling success has initiated successful exploitation of this major geological resource estimated at exceeding 500 billion barrels of good quality crude. Horizontal drilling combined by a sharp increase in the use of packers is now economically recovering a small fraction of the resource.

The Trinity Sand project in Texas is principally a heavy oil resource and is presently under a joint venture agreement with Mega West Energy based in Calgary, Canada. Several test wells were drilled last year in which Mega West earned its interest in the acreage.

Historic Information on Trinity Sands

Since 1969, companies such as Shell, Getty, Murphy Oil, Dorchester and Carmel Energy have drilled and cored wells to quantify the heavy oil resource and have tested steam recovery in this project area. The well data encouraged further drilling and testing, but the then existing economic conditions did not support commercial development. There are also references to primary oil production from one of the wells.

The majority of the data for the Trinity Sand formation comes from wells drilled en route to the deeper gas formations. Electrolog and core analyses demonstrate oil in the Trinity Sand formation throughout the area, but no commercial production has been established to date. Aggregate sand sections vary from 40 to 140 feet in thickness.

PAVILION ENERGY RESOURCES INCORPORATED (OTC: PVRE)

"Up 122.50% on Thursday"

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

Pavilion Energy Resources, Inc., an energy resource company, engages in the acquisition, exploration, and drilling of oil and natural gas reserves in the mid-continent and gulf coast regions of the continental United States. The company was formerly known as Energetics Holdings, Inc. Pavilion Energy Resources is based in Beverly Hills, California.

PVRE News:

October 29 - Pavilion Energy Resources Pursuing Additional Offshore Wind Farm Locations

Pavilion Energy Resources, Inc. (OTC: PVRE) announced that it is a 10% equity partner in a joint venture (JV) that has submitted a multi-billion dollar proposal to the state of Texas to develop a massive wind energy project located in the Gulf of Mexico off the coast of South Padre Island. The turbines incorporated in the JV's proposal are based on the proprietary wind accelerating technology invented by Peter Sterling, Pavilion's President and Chief Executive Officer. These turbines generate 400% more turbine power per dollar of capital than existing technology. This technology makes very-large-scale, offshore, wind power farms with slower average wind speeds, as is the case in Texas, more than economical. The project award is expected to be made within the next one to two years.

This 25-year project, referred to as the Texas Coastal Clean Power Project, requires the manufacturing, installation and operation of at least 5 wind farms, each of which generates approximately 10,000 megawatts (MW) of electricity per hour for a total of 50 gigawatts (GW) per hour. The wholesale value of the electricity from each 10GW facility is approximately $2.5 billion to $5.0 billion per year. The JV's proposal offers to pay the Texas state government a 1% royalty for ten years, rising to 2% after ten years in net electricity revenue from the wind farm. Upon receiving an award, the JV intends to secure available U.S. Government clean energy grants for 30% of the project's construction costs and low-interest, loan guarantees from the U.S. Government to finance the remaining 70% of the project's cost.

Peter Sterling, President and Chief Executive Officer of Pavilion, commented, "This project will develop a new source of clean, renewable electricity, and help mature next-generation, offshore, wind technologies which:

* Generate energy at a more competitive cost than any other generating technology;

* Provide new zero-carbon power generation that enhances local economic growth and prosperity;

* Stabilize the Texas transmission grid by diversifying generating capacity and provide peak load power;

* Produce no negative environmental impacts on the marine or coastal environments while creating new safe habitats for fish and recreational fishing; and

* Create new local jobs for the design, fabrication and installation of new wind power technology and for operation and maintenance of the wind farms."

MEDIANET GROUP TECHNOLOGIES (OTCBB: MEDG)

"Up 37.50% on Thursday"

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

MediaNet Group Technologies, Inc., through its subsidiaries, engages in the design, development, and marketing of branded loyalty programs, Web sites and, audio and video products in the United States. It operates through three divisions: BSP Rewards, Brand-A-Port, and Memory Lane Syndication. The BSP Rewards division provides private branded loyalty and reward Web malls and programs to companies and organizations and for on-line and in-store merchants. The loyalty and rewards program is designed as a shopping service through which members receive rebates on purchases of products and services from participating merchants. The Brand-A-Port division builds and hosts Web sites for business customers. These Web sites include the name, logo, color scheme, and customized or personalized content provided by the customer, as well as serve as Internet Web portals that provide users with direct access to news, weather, and other information available on the Internet. The Memory Lane Syndication division owns 130 color episodes of the Howdy Doody television show. It licenses to manufacture and market videos of these episodes, as well as for television and radio syndication. This division also sells CDs/DVDs known as Songs From The Neighborhood / The Music of Mister Rogers' through various wholesale and retail distributors. The company was founded in 2000 and is based in Margate, Florida.

MEDG News:

October 19 - MediaNet Group to Power New Promotional Online Mall for a National Malt Beverage Company

MediaNet Group Technologies, Inc. (OTCBB: MEDG), operating the largest online mall and affinity program platform through its BSP Rewards subsidiary, announced that effective today it has completed its reverse merger with CG Holdings Limited, a privately-held, European-based holding company for the DubLi companies, a worldwide online trading firm ("DubLi"). Upon completion of the merger, DubLi became a wholly-owned subsidiary of MediaNet, and DubLi's Chief Executive and Operating Officers will assume the same positions with MediaNet. MediaNet's board of directors will also be controlled by directors nominated by DubLi. Additional details of the merger transaction appear in MediaNet's reports on Form 8-K filed with the Securities and Exchange Commission on August 14 and September 30, 2009.

As previously disclosed in the amended merger agreement filed with the Commission on September 30, at closing MediaNet issued 5,000,000 shares of Series A Convertible Preferred Stock to DubLi shareholders and no common stock. The Series A Convertible Preferred Stock automatically converts into 90% of the shares of common stock of MediaNet to be issued and outstanding after the conversion and has 90% of the voting power of MediaNet's shareholders. MediaNet will file proxy material with the Commission to increase its authorized common shares to 500,000,000 and its authorized preferred shares to 25,000,000. Upon completion of the increase in authorized shares, the fully diluted common shares of MediaNet will be 299,016,520, of which DubLi shareholders will own 269,114,868 shares.

Michael Hansen, President of the newly combined company, said, "We are delighted to be a part of this unique business combination. The uniting of the DubLi and BSP platforms combines two shopping alternatives, both of which are recognized leaders in their respective areas, and offers a one of a kind shopping program unparalleled in the industry. Our technology combined with MediaNet Group's long term relationship with top brand vendors will make it possible to set new standards within the industry. We believe that the business combination offers the doorway to a totally unique method of international shopping and sets the stage for world wide expansion."

Martin Berns, Chief Executive Officer of BSP Rewards, Inc., stated, "During the past months we have had the opportunity to become intimately involved with DubLi's vision and progress. Their goal of expanding as a world leader in the international shopping and auction market is extremely exciting. It offers a major opportunity for the company and our shareholders. The DubLi auction and shopping platform is exceedingly sophisticated and when combined with our BSP program acts as a loyalty, incentive, continuity and communication tool, with the added capability of being able to load cash, bonus payments, payroll and rewards instantaneously onto virtually any debit or credit card -- domestic or international. The combination of platforms offers a myriad of features and benefits for which we should have little competition. It truly is a 1+1 equals 3 scenario."

ABOUT MEDIANET GROUP TECHNOLOGIES, INC.

MediaNet Group Technologies, Inc., through its BSP Rewards division, has developed the largest online mall and affinity program platform. BSP builds, brands, and customizes proprietary loyalty/rewards/mall programs for clients and organizations and for a value added element layered onto debit and stored value cards. Companies and organizations enroll their members into the program and BSP cross-markets them to its entire database.

The Company generates product purchases from over 1000 participating mall merchants, including the nation's largest retailers as well as gift cards and a large discount catalog. With over 60 web malls already developed and in use, BSP Rewards currently serves more than 750,000 registered users. The Company offers affordable, immediate implementation, delivered as rich turnkey enterprise solutions for corporations interested in expanding their web presence and enhancing customer relations — turning operational costs into profit centers. Current mall merchants include such merchants as Sears, Target, Walmart, Macy's, Office Depot, Bass Pro Shops, Best Buy, Budget and Chili's.

EQ LABS INCORPORATED (OTC: EQLB)

"Up 43.08% on Thursday"

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

Headquartered in Las Vegas, NV, EQ Labs, Inc. manufactures and markets the EQ Smart Energy Drink®, which is an effervescent tablet that provides an instant energy drink once added to any beverage. Consisting of a blend of essential vitamins, a single tablet of EQ Smart Energy Drink® (containing no sugar and only 5 calories per serving) is the equivalent of one can of any competing energy drink on the market. EQ is sold in packets of one single tablet or 3-inch tubes of six tablets, and no refrigeration is required. A single tablet or 3-inch tube containing six tablets can be transported in a pocket or purse, and is immediately ready for use. The company presently distributes its products through national and regional distributors.

EQLB News:

October 22 - EQ Labs Sponsors NAACP Celebrity Golf Tournament

EQ Labs, Inc. (OTC: EQLB) (herein referred to as "the Company") announced its participation as a sponsor of the 3rd Annual NAACP Celebrity Golf Tournament to be held in Las Vegas on October 22 and 23rd. The proceeds from the tournament will benefit the Helping Our People Excel (H.O.P.E.) Scholarship Program.

The H.O.P.E. Scholarship program is a unique scholarship program created by the local chapter of the NAACP to reward students with financial assistance in degree, diploma, and certificate programs at eligible Nevada public and private colleges, universities, and technical colleges. Some of these students would not be able to attend post-secondary institutions without this scholarship program.

The 2009 celebrity tournament will feature former NFL players and several female celebrities who have already confirmed their participation. "Local golf enthusiasts will join an impressive list of celebrities who will not only enjoy a tremendous day of golf, but they'll be supporting a truly worthy cause. This is what golf is all about: sport, competition and giving back," said Andy Brewer, Golf Classic Chairman.

Maurice "Mo" Owens, the CEO of EQ Labs, Inc., commented, "In support of the Company's commitment to diversity, we feel privileged at being invited to co-sponsor a program that will make education attainable to students who might otherwise lack the financial resources to pursue post-secondary study. By giving back to our community we are actually gaining new exposure for the EQ brand. Our participation in the celebrity golf tournament, which also includes sponsorship of various holes (to provide samples of the EQ Smart Energy Drink) is a bonus. We feel most fortunate to be invited as sponsors and participants."

BRILLIANT TECHNOLOGIES INCORPORATED (OTC: BLLN)

"Up 37.00% on Thursday"

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

Brilliant Technologies Corporation is a technology holding company devoted to research and development leading to commercialization of innovative, proprietary technologies. Through its subsidiary, LTDnetwork, Inc., the Company owns a range of cutting edge proprietary software designed to facilitate and enhance ecommerce. The Company is currently preparing for the launch of Qtrax, the company's innovative P2P file-sharing service, and has already signed deals with Universal Music Publishing, Sony/ATV, SonyBMG, Warner Music Group, The Orchard, EMI Music Publishing and EMI Music, TVT Records, Go Digital, ASCAP and BMI. The Company is based in New York, New York and Melbourne, Australia.

BLLN News:

October 28 - Qtrax Announces Asia Pacific Roll Out Schedule

Qtrax (www.qtrax.com), a subsidiary of Brilliant Technologies Corp. (OTC: BLLN), announced its rollout schedule for its free and legal music download service in the Asia Pacific region. Qtrax will launch as follows:

Australia & New Zealand- Nov 5th, 2009

Singapore- Nov 12th, 2009

Malaysia- Nov 19th, 2009

Philippines- Nov 26th, 2009

Indonesia- Dec 3rd, 2009

Hong Kong- Dec 10th, 2009

China- Dec 17th, 2009

Taiwan- Dec 24th, 2009

Qtrax intends to continue its roll out to other territories from the beginning of the New Year.

Qtrax will begin to accept email addresses tomorrow at midnight to preview its new product.

"We think our product has evolved very well over time. As the only global free and legal download service, we have been committed to creating a great consumer interface to allow very efficient search, download and play. We will also be introducing a series of unique upsell features," said Chris Roe, CTO of Qtrax.

"We don't think that the ad supported model has been well represented in the music arena. Indeed, we think its potential is huge but there has been a basic lack of understanding of how to make it work optimally. We intend to do things very differently," said Lance Ford, Chief Marketing Officer, Qtrax, and President, Rebel Digital.

"A lot has been accomplished, some of it groundbreaking . And a lot more needs to be accomplished and will be. Our vision is clear and our team highly skilled. We are dedicated to providing the best music service to consumers worldwide while creating substantial revenues for rightsholders and our shareholders," said Allan Klepfisz, President & CEO, Qtrax.

The company will hold an audio press conference regarding other developments on Monday, November 2, at 2 p.m. Eastern Standard Time.

ABOUT QTRAX, INC.

Qtrax is the world's first free and legal global download music service and showcases an innovative ad-supported downloading model that easily directs revenue back to artists and rights holders. Qtrax has successfully signed licensing deals with major labels, music publishers and leading indies. Qtrax will soon provide fans with access to a colorful and diverse catalog with millions of high-quality, high-fidelity digital music files. Based in New York City, Qtrax is a subsidiary of Brilliant Technologies Corporation, a publicly traded technology holding company.

DISCOVERY LABS INCORPORATED (NASDAQ: DSCO)

"Up 20.61% on Thursday"

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

Discovery Laboratories, Inc. is a biotechnology company developing Surfactant Therapies for respiratory diseases. Surfactants are produced naturally in the lungs and are essential for breathing. Discovery Labs' novel proprietary KL4 Surfactant Technology produces a synthetic, peptide-containing surfactant that is structurally similar to pulmonary surfactant and is being developed in liquid, aerosol or lyophilized formulations. In addition, Discovery Labs' proprietary Capillary Aerosolization Technology produces a dense aerosol, with a defined particle size that is capable of potentially delivering aerosolized KL4 surfactant to the deep lung without the complications currently associated with liquid surfactant administration. Discovery Labs is focused initially on developing its KL4 surfactant pipeline to build a pediatric franchise that will potentially address several respiratory conditions affecting neonates and young children, beginning with Respiratory Distress Syndrome (RDS).

DSCO News:

October 27 - Trading Review for Discovery Laboratories Inc. Issued by Beacon Equity

BeaconEquity.com announces an investment report featuring biotechnology company Discovery Laboratories Inc. (Nasdaq: DSCO). The report includes financial, comparative and investment analyses, and industry information you need to know to make an educated investment decision.

The investment report on Discovery Laboratories Inc. (Nasdaq: DSCO) should be of particular interest to biotechnology companies: Abbott Laboratories (NYSE: ABT), Forest Laboratories Inc. (NYSE: FRX) and Life Technologies (Nasdaq: LIFE).

It is available at www.beaconequity.com/i/DSCO.

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Disclosure: OTCPicks.com has been compensated twenty five thousand shares by BlueWave Advisors for EQLB advertising and promotional services. OTCPicks.com has been compensated an additional three thousand five hundred dollars by a third party (Level Up Industries) for EQLB advertising and promotional services.