DVME, AMNP, BMGP, PAYI, JAGR, HESG, IVIT, HTDS, BLLN, EKCS, ORCD OTCPicks.com Daily Market Movers Digest Midday Report for Tuesday, November 3rd

Our Stocks to Watch today include Diverse Media Group Inc. (OTC: DVME), American Sierra Gold Corp. (OTCBB: AMNP), Biomagnetics Diagnostics Corp. (OTC: BMGP), Pay88 Inc. (OTCBB: PAYI), Jaguar Mining Enterprises Inc. (OTC: JAGR), Health Sciences Group Inc. (OTC: HESG), Invicta Group Inc. (OTC: IVIT), Hard to Treat Diseases Inc. (OTC: HTDS), Brilliant Technologies Corp. (OTC: BLLN), Electronic Control Security Inc. (OTCBB: EKCS) and The Orchard Corp. (Nasdaq: ORCD).

 

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DIVERSE MEDIA GROUP INCORPORATED (OTC: DVME)

 

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

 

Company Profile: http://otcpicks.com/Newsletter/DVME_eProfile_091709.html 

 

Diverse Media Group, Inc. 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.

 

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 27 - American Sierra Gold Corp. Appoints New Chief Financial Officer

 

American Sierra Gold Corp. (OTCBB: AMNP), an independent gold exploration company headquartered in Reno, Nevada, announced that Johannes Petersen has joined the Company as Chief Financial Officer and as a member of the Board of Directors.

 

Mr. Petersen has experience in a wide range of aspects of resource exploration, management and finance. He brings great value to the company having served as director and CFO of a number of public and private resource companies. He has worked in business planning and development for resource projects located in North America and Asia. Over the past four years, Mr. Petersen has been instrumental in raising over $17 million to fund the activities of resource projects.

 

On his appointment, Mr. Petersen said "I am delighted to join American Sierra in its quest for gold. I believe the Company has the right mix of ingredients for major success: a very capable team, sound financing arrangements to fund its operations and a portfolio with exciting exploration potential."

 

Commenting on Mr. Petersen's appointment, Wayne Gruden added: "I am pleased that Johannes has decided to join American Sierra's efforts to build a leading gold exploration company in North America. Johannes' exceptional breadth and caliber of expertise will be beneficial to the Company's future success."

 

Mr. Petersen has also covered several functions within the financial services industry, ranging from fixed income to currency trading. He holds a BSc in Economics from Universidad del Pacifico (Peru) and an MBA degree from the London Business School (UK).

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 27 - Biomagnetics Concludes Contract Talks with U.S. Government Lab — Preparing Gates Foundation Grant Application

 

Biomagnetics Diagnostics Corp. (OTC: BMGP), a developer of revolutionary diagnostic systems and technology for HIV, hepatitis, tuberculosis, and malaria detection, announced the Company has completed business negotiations with one of the U.S. Government's top national security research institutions regarding the acquisition of rights to the Integrated Optical Biosensor System (IBOS) technology developed by the laboratory personnel. Biomagnetics Diagnostics plans to utilize this technology to enter the significantly underserved market for handheld biosensors capable of detecting a broad range of disease causing viruses, bacteria and fungi.

 

“We are very pleased to complete our negotiations as the market’s interest level in this form of technology is significant, commented Clayton Hardman, CEO of Biomagnetics Diagnostics Corporation. “We have already signed a letter of intent with Bright Dairy, which is China's third largest dairy operation and several other organizations have contacted us about availability of the IBOS platform. In November, we will be meeting with India’s Health Ministry Blood Bank, in New Delhi specializing in malaria with the goal of conducting clinical trials for product commercialization throughout India. We have also begun to prepare our application for Round 4 of the Bill and Melinda Gates Foundation Grand Challenges grant due November 2nd. The topic of Round 4 is the creation of low-cost diagnostics for priority global health conditions, which include malaria, tuberculosis, and HIV/AIDS. The Gates Foundation states the proposed diagnostics will ultimately need to fill many of the criteria found in the acronym ASSURED: Affordable by those at risk of infection, Sensitive, Specific, User-friendly (simple to perform with minimal training), Rapid and Robust, Equipment-free or minimal equipment, and Delivered to those who need it. We believe the IBOS technology we plan to introduce to the market fills the criteria very adequately and thus, we believe our chances of winning a Gate’s Foundation grant are very high. We look forward to bringing this state of the art technology to market over the coming months.”

 

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. Field deployable Integrated Optical Biosensor Systems (IBOS), such those Biomagnetics Diagnostics is planning to soon introduce hold the promise to significantly speed the diagnostic testing process and to meaningfully lower costs and improve lives.

 

PAY88 INCORPORATED (OTCBB: PAYI)

 

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

 

Company Profile: http://www.otcpicks.com/pay88-inc/pay88-inc.htm

 

Pay88, Inc., through its wholly-owned subsidiary, Chongqing Qianbao Technology, Ltd., is a rapidly growing digital technology company and the leading reseller of internet game time in China with over $19.7 million USD in revenues in 2008, a 134.8% increase over revenues in 2007. The company is primarily engaged in the sale of prepaid online multi-player game cards in more than 20 cities in China, an industry that generated $2.75 billion in 2008 and is expected to reach $3.8 billion by the end of 2009. In addition, The Company sells prepaid telephone cards and over 800 software products, including cooking, language and education software. Qianbao sells its game cards through its websites, www.iamseller.com, and www.17logo.com, which has more than 1 million registered users. The Company has successfully captured more than 80% of the online multi-player game time market in Chongqing, a municipality of more than 31 million people, and the third fastest-growing regional economy in China. Pay88 leverages such consumer establishments as retail kiosks and Internet cafes to increase its distribution of highly popular games for an increasing number of gaming companies.

 

PAYI News:

 

October 28 - Pay88, Inc. Goes Mobile With Sohu.com Inc.

 

Pay88, Inc. (OTCBB: PAYI) announced that it has entered into a distribution agreement with Sohu.com Inc. (Nasdaq: SOHU). Through its subsidiary, Qianbao Technology, Pay88 will act as a distributor of SOHU digital products, with a particular focus on mobile phone games.

 

With more than 100 million users and 700 million site visits per day, Sohu.com Inc., is one of the leading internet media companies in China with revenues of over $429 million USD in 2008, 2.3 times that of .scal 2007. Sohu provides millions of Chinese consumers with information, communication and entertainment services through its matrix of websites and offers two types of consumer services — online games (including the massively popular multi-player online role-playing games "Tian Long Ba Bu" and "Blade Online"), and wireless connectivity.

 

Pay88 is one of the few companies in China capable of facilitating online banking and is also the leading reseller of internet game time in China's booming $2.75 billion online video game market, selling online multiplayer game time and prepaid cards in more than 20 cities in China. The venture with Sohu takes the company mobile for the first time and company officials say the timing and the opportunity couldn't be better.

 

According to analysts at Niko Partners, China will be home to 119 million online gamers by 2012, propelling the market to $8.9 billion by 2013. And Forbes reports the online gaming community is growing by an average of 4 million new players each month. An alliance with Sohu positions Pay88 to dramatically expand their reach into this massive market.

 

Guo Fan, Chairman and President of Pay88, said, "Pay88's large customer base and payment platform makes this agreement with SOHU an exciting opportunity for both companies." He added, "As a result of this new relationship, Qianbao Technology will now be able to offer mobile games to the domestic market in China."

 

Company officials say forging this agreement with Sohu represents a powerful step forward in expanding their footprint throughout China. Over the coming year, the company will continue to develop and improve its internet gaming platform, expand its distribution websites, and increase its overall product line, as well as expand into many additional cities in China.

 

JAGUAR MINING ENTERPRISES INCORPORATED (OTC: JAGR)

 

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 27 - Jaguar Mining Enterprises Files Its Initial Disclosure Statement on Pink Sheets

 

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 that the company has filed its Initial Information and Disclosure Statement through OTC Disclosure and News Service. A current summation of the company and its business objectives is now available on Pink Sheets (www.pinksheets.com) under the company's symbol, JAGR.

 

Jaguar Mining also announced that it has begun discussions with a Shanghai, China based firm to act as its direct sales and marketing representative to Chinese steel manufacturers. Jaguar hopes to finalize terms of an agreement which will provide the company with its first strategic partnership in China, the world's largest iron ore importer. The company plans to release complete details once a definitive agreement has been completed.

 

HEALTH SCIENCES GROUP INCORPORATED (OTC: HESG)

"Up 50.00% in morning trading"

 

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

 

Health Sciences Group, Inc. is a provider of health and wellness services to consumers, physicians and other healthcare professionals through its Web site and health-focused publications. The Health Sciences network consists of its public website and iGoHealthy Magazine. The Company operates in two segments: Online Services and Publishing and Other Services.

 

HESG News:

 

October 29 - Health Sciences Group Engages Into Conversation With Medical Marijuana, Inc. About Consulting / Co-R&D Venture

 

Health Sciences Group, Inc. (OTC: HESG) announced that its CEO Thomas Gaffney has engaged in preliminary conversations with Bruce Perlowin, Founder, Chairman, & CEO of Medical Marijuana, Inc. (MJNA), about the possibilities of the companies merging co- research and development and consulting services. "These conversations were preliminary in nature. I look forward to more discussions with Mr. Perlowin about the services Medical Marijuana, Inc. provides and how we can work together to grow our companies and increase shareholder value on both sides."

 

Health Sciences Group, Inc. is a provider of health and wellness services to consumers, physicians and other healthcare professionals through its website www.igohealthy.org and health focused publications. The Health Sciences network consists of its public website www.igohealthy.org and iGoHealthy Magazine. The Company operates in three segments: Online Services, Publishing and Other Services. The Company has is recently exploring options of growth within the Legal Medical Marijuana Industry.

 

ABOUT MEDICAL MARIJUANA, INC.

 

Medical Marijuana, Inc. (OTC: MJNA) is the first public company to recognize the vast and unequaled opportunities that exist in the rapidly expanding medical marijuana industry. The scientific recognition of marijuana as a powerful medicine, and as an effective, non-narcotic pain reliever, has brought legalized marijuana use to the forefront of mainstream discussion thus opening the door for safe and lucrative investment opportunities. Medical Marijuana, Inc. has developed a suite of turnkey business and management solutions for the fledgling medical marijuana collective industry in California. The growing number of other states that have legalized the use of medical marijuana have yet to establish a system for the legalized commercial production and sale of the medicine. These regions are also strong potential targets for Medical Marijuana, Inc.'s products and services down the road. It is likely that other states will follow California's basic lead as the Golden State more specifically defines the regulations and protocol that are shaping the supply-side of the legal medical marijuana sector.

 

INVICTA GROUP INCORPORATED (OTC: IVIT)

"Up 46.15% in morning trading"

 

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

 

Invicta Group, Inc. is a full service multimedia management and marketing company. Invicta utilizes a number of websites, a large database, event productions and promotions, and its experienced team to help clients manage, maintain and improve their overall businesses. Current projects include: Water Tower Surgical Center, TravelHotLink.com and TicketHotlink.com.

 

IVIT News:

 

November 3 - The Invicta Group Appoints Jason Bocchino From The Firm to Executive VP of Medical and Consulting Operations to Help With All Current and Future Financial and Consulting Needs

 

Mr. Bocchino Brings 11 Years of Medical and Financial Experience to the Invicta Team

 

Invicta Group, Inc. (OTC: IVIT) announced they have appointed Mr. Jason S. Bocchino from The Firm to Executive VP of Medical and Consulting Operations for the Invicta Group. Mr. Bocchino brings 11 years of medical and financial experience to help all current and future clients with many of their current and future financial needs.

 

The Invicta Group is actively looking to add value to clients looking for management, marketing, or restructuring consulting services. Mr. Bocchino has worked with over 600 corporations to help revamp their operations, accounting, and sales divisions. Some of his past clients include but are not limited to: Pepsi Cola Delmonte, China Shipping, Traveler discount (a division of Trader Publishing), CCDA Waters (part of Coca-Cola), and many other during the past 10 years.

 

Mr. Bocchino is the former President and C.O.O. of the Millennium Collection Corporation, one of the most respected agencies in the country. Prior to joining Millennium, Mr. Bocchino was Vice President of sales and marketing at Broadband National, a national reseller of broadband internet access. Upon joining Millennium, Mr. Bocchino successfully worked to revamp both collection tactics and customer access to permit increased collectability of accounts and client access to information. He simultaneously created a framework for customer education regarding the placement of collection accounts prior to them becoming uncollectible.

 

Mr. Bocchino started The Firm to provide clients with consultation services over the entire accounting and billing processes. Mr. Bocchino has also been instrumental in providing clients with unmatched customer service, a move that resulted in the "customer first" reputation that The Firm enjoys today. He has increased client information access by providing direct view capability to collector information of customer accounts through the use of internet technology. All of these merits have thereby made him one of the most respected collection professional in the country. Mr. Bocchino currently serves on the leadership council of the Commercial Collection Agency Association and was on the Madison's who's who list in 2007-2008.

 

Jason Bocchino said "I believe that the Invicta Group has tremendous potential to grow over the next few years and I know I can add a lot of value to this already quality team."

 

Invicta Group's CEO, Paul Sorkin, said "I believe quality people are the most valuable resource a company has and I am very excited to add Jason to our team. He has incredible experience, credentials, and relationships and I am looking forward to working with him on a number of current and future projects."

 

HARD TO TREAT DISEASES INCORPORATED (OTC: HTDS)

"Up 13.33% in morning trading"

 

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

 

In June 2003, International Foam Solutions, Inc. changed its name to Hard to Treat Diseases, Inc. in connection with the completion of a share exchange agreement with Hard to Treat Diseases and T-19, Inc. Hard to Treat Diseases, Inc. holds the international marketing rights, except South Korea, to Tubercin, a patented immunostimulant developed for combating cancer and rheumatoid arthritis under medical patent. Tubercin promotes good health by enhancing the immune system. The nasal spray would be distributed through major holistic retailers and providers worldwide.

 

HTDS News:

 

November 3 - Hard to Treat Diseases Four Million Dollar Contract To A Major Indian Corporation

 

Hard to Treat Diseases (OTC: HTDS), Mellow Hope operating subsidiary, is in process of finalizing contract details with Hetero Ltd., one of the largest pharmaceutical manufacturers in India. This contract has been in the works since March 2009, and its finalization promises solid sales boost for Hard to Treat Diseases.

 

The contract between secures the supply of raw pharmaceutical material for HTDS' Mellow Hope in the range of about 4 million dollars. The contract completion is in final stages, and the shipments are already scheduled. This contract is bound to strengthen present and future sales of the raising pharmaceutical dragon Mellow Hope of Hard to Treat Diseases (HTDS).

 

In other company news, since September 24, 2009, when Chinese State Food and Drug Administration (SFDA; http://eng.sfda.gov.cn/eng) granted the H1N1 vaccine licence to Mellow Hope's exclusive business partner Zhejiang Tianyuan Bio-pharmaceutical Co. Ltd., Mellow Hope received inquiries from many potential buyers around the world. At the present, the most promising deals on the horizon include deals with Southeast Asia and Chile. Mellow Hope is the largest exporter of vaccines in China and the H1N1 vaccine licence gives the company a great advantage over the competition. The company expects to make progress announcements on the H1N1 front shortly.

 

Besides Mellow Hope, Hard to Treat Diseases (HTDS) is also a parent company with operations in Serbia based Slavica Biochem. This company focuses on the enhancement and modification of existing and approved medications as well as on cancer research. This MindUp cancer research has been delivering groundbreaking results on the international level. The company expects to make an announcement with a Canadian based pharmaceutical company on this shortly.

 

BRILLIANT TECHNOLOGIES INCORPORATED (OTC: BLLN)

"Up 3.70% in morning trading"

 

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:

 

November 2 - Qtrax Announces Partnership With Baidu

 

Qtrax (www.qtrax.com), a subsidiary of Brilliant Technologies Corp. (OTC: BLLN), announced that Baidu, China's leading Internet search engine, has agreed to direct music related search inquiries from its Entertainment Portal, and Qian Qian Music Online sites to Qtrax's independent, free and legal download service, wherever Qtrax has the queried artist or song in its catalogue.

 

Allan Klepfisz, President and CEO of Qtrax, commented: "We are very pleased with Baidu's decision. As the dominant search engine in China, Baidu will provide us with substantial traffic from its music and entertainment portals. We, in turn, will provide the visitors they send to our independent free and legal site, a superior music discovery and download experience. In the coming weeks, we will progressively launch in each of nine Asia-Pacific countries and begin to divert and monetize traffic - for the benefit of artists and copyright holders - that previously found its way to non-licensed sites. We believe our offering, including information about the artists, is vastly superior to these unauthorized sites."

 

Jay Berman, Co-Chairman of the Qtrax Advisory Board and former Chairman of both the RIAA and IFPI, observed: "As someone involved in fighting music piracy in China for more than 20 years, I believe this represents an important first step. It is a very positive development in the long standing fight against online music piracy in China."

 

ABOUT QTRAX

 

Qtrax will be 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.

 

ABOUT BAIDU

 

Baidu, Inc. currently traded on the NASDAQ Global Select Market under the symbol "BIDU" is the leading Chinese language Internet search provider. As a technology-based media company, Baidu aims to provide the best way for people to find information. In addition to serving Internet search users, Baidu provides an effective platform for businesses to reach potential customers.

 

ELECTRONIC CONTROL SECURITY INCORPORATED (OTC: EKCS)

"Up 5.26% in morning trading"

 

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

 

ECSI is recognized as a global leader in perimeter security and an effective quality provider for both the Department of Defense and Homeland Security programs. The Company designs, manufactures and markets physical electronic security systems for high profile, high threat environments. The employment of risk assessment and analysis allows ECSI to determine and address the security needs of government and commercial-industrial installations. The Company has teaming agreements with major system integrators in both the United States and overseas to support the installation and aftermarket.

 

EKCS News:

 

November 2 - Electronic Control Security, Inc. Receives Subcontract to Help Protect U.S. Naval Bases

 

Electronic Control Security, Inc. (OTCBB: EKCS) (ECSI), a leading provider of a broad line of electronic security system technologies to the government and private sectors, today announced it had received an award from prime contractor Lockheed Martin for vehicle and personnel entry control systems and support services. The company, a qualified Department of Defense small business subcontractor, is working with Lockheed Martin under the Anti-Terrorism Force Protection (ATFP) contract for protecting U.S. naval bases worldwide. The contract awarded to Lockheed Martin is valued at $10.1M over a three-year period of performance.

 

ECSI's award and second task order are a direct result of its unique core competency in the manufacturing and technical support services of state-of-the-art multi-environment land and sea intrusion detection surveillance and entry control systems.

 

"ECSI's award under the ATFP program is another step forward for our company," stated Arthur Barchenko, President and CEO. "As a technology supplier, we look forward to working with Lockheed Martin to support the U.S. Navy on this important program."

 

About the Anti-Terrorism Force Protection Procurement, Installation and Maintenance-Multiple Award Contract (ATFP PIM-MAC) Program

 

The ATFP PIM-MAC Program is a critical element in improving the security posture at Navy shore installations worldwide. The purpose of the program is the procurement, installation, and sustainment of Anti-Terrorism Force Protection Ashore Program equipment at naval installations worldwide. Work commenced in March 2007 at various locations. NAVFAC, Port Hueneme, California, is the contracting entity.

 

THE ORCHARD ENTERPRISES INCORPORATED (NASDAQ: ORCD)

"Up 15.18% in morning trading"

 

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

 

Headquartered in New York and London with operations in 25 markets around the world, The Orchard is a full service media company specializing in the distribution of music and video entertainment. Founded in 1997, the company is a global leader in digital marketing and distribution, driving sales across more than 730 digital storefronts and mobile carriers in 69 countries. Fostering creativity and independence, The Orchard enables labels, artists and rights holders to grow and monetize audiences globally.

 

ORCD News:

 

November 3 - eMusic Owner Looking To Buy Up All Of The Orchard

 

eMusic owner JDS Capital's private equity arm Dimensional Associates is negotiating with digital music and video distributor The Orchard to buy up all of the outstanding common stock it does not already own.

 

Dimensional previously owned The Orchard (Nasdaq: ORCD) prior to its 2007 merger with Digital Music Group Inc (DMGI), which saw the ownership structure change but the name remain.

 

Dimensional still owns a majority of the firm, which lost its CEO and president Greg Scholl in September.

 

Now The Orchard confirms in an SEC filing that Dimensional offered $1.68-a-share on October 15; after discussions with the board, it's now offering $1.84 — an offer The Orchard is "reviewing and evaluating."

 

But The Orchard says in a follow-up filing that interim CEO Daniel Stein (Dimensional's CEO) has resigned for an unspecified reason, replaced in the interim by EVP/GM Brad Navin.

 

Scholl's departure had come during a cost-cutting drive that axed 20 percent of Orchard staff (16 staff, five consultants and temporary workers). The Orchard is competing with digital distributors like IODA.

 

Orchard stock – already trading way below the 2006, pre-merger high of $26.88 – began falling again in August, to a price of about $1.33 when Dimensional first bid last month. News of the offer bumped the price back up again on Monday.

 

Bringing eMusic and The Orchard under the same owner would unite two companies at different parts of the online music value chain — one that shifts digital music across networks for labels and one that plays that music to consumers on a subscription basis.

 

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Information contained in our report will contain "forward looking statements" as defined under Section 27A of the Securities Act of 1933 and Section 21B of the Securities Exchange Act of 1934. Subscribers are cautioned not to place undue reliance upon these forward looking statements. These forward looking statements are subject to a number of known and unknown risks and uncertainties outside of our control that could cause actual operations or results to differ materially from those anticipated. Factors that could affect performance include, but are not limited to, those factors that are discussed in each profiled company's most recent reports or registration statements filed with the SEC. You should consider these factors in evaluating the forward looking statements included in the report and not place undue reliance upon such statements. We are committed to providing factual information on the companies that are profiled. However, we do not provide any assurance as to the accuracy or completeness of the information provided, including information regarding a profiled company's plans or ability to effect any planned or proposed actions. We have no first-hand knowledge of any profiled company's operations and therefore cannot comment on their capabilities, intent, resources, nor experience and we make no attempt to do so. Statistical information, dollar amounts, and market size data was provided by the subject company and related public information sources which we believe to be reliable but we cannot guarantee the accuracy of the information. To the fullest extent of the law, we will not be liable to any person or entity for the quality, accuracy, completeness, reliability, or timeliness of the information provided in the report, or for any direct, indirect, consequential, incidental, special or punitive damages that may arise out of the use of information we provide to any person or entity (including, but not limited to, lost profits, loss of opportunities, trading losses, and damages that may result from any inaccuracy or incompleteness of this information). We encourage you to invest carefully and read investment information available at the websites of the SEC at http://www.sec.gov/ and FINRA at http://www.finra.org/.

 

Disclosure: OTCPicks has been compensated ten million free trading shares from a non-controlling third Party (Microcap Management) for DVME advertising and promotional services. OTCPicks 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 six thousand five hundred dollars by a third part (Ladasa Inc.) for a two-week PAYI advertising and promotional program. OTCPicks.com has been compensated two hundred thousand free trading shares by a third party (Microcap Management) for JAGR advertising and promotional services. This compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company. OTCPicks.com is a website partially owned by BlueWave Advisors, LLC, a financial public relations firm. BlueWave Advisors, LLC, its principal and/or its affiliates will hold positions in the company profiled and may buy or sell securities at any time without notice.