VGPR, BMGP, AMNP, PAYI, DVME, CLNP, FRHV, NLST, PNTV, COMS, SPDE OTCPicks.com Daily Market Movers Digest Midday Report for Thursday, November 12th

Our Stocks to Watch today include Vega Promotional Systems Inc. (OTC: VGPR), Biomagnetics Diagnostics Corp. (OTC: BMGP), American Sierra Gold Corp. (OTCBB: AMNP), Pay88 Inc. (OTCBB: PAYI), Diverse Media Group Inc. (OTC: DVME), CleanPath Resources Corp. (OTC: CLNP), Fresh Harvest Products Inc. (OTCBB: FRHV), Netlist Inc. (Nasdaq: NLST), Players Network Inc. (OTCBB: PNTV), 3Com Corp. (Nasdaq: COMS) and Speedus Corp. (Nasdaq: SPDE).

 

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

 

VEGA PROMOTIONAL SYSTEMS INCORPORATED (OTC: VGPR)

"Up 74.53% in morning trading"

 

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

 

Company Profile: http://www.otcpicks.com/Newsletter/VGPR_eProfile_110909.html

 

Vega Biofuels, Inc. (VGPR) was formed to pursue the production and sale of biofuel products throughout the world. With the growing need for clean energy, and the uncertain costs of fossil fuels, power generating plants around the world are looking at more useful and economical methods to run their power systems.

 

VGPR News:

 

November 5 - Vega Redesigns 'Green Valley Project' to Increase Power Production

 

Vega Promotional Systems, Inc. (OTC: VGPR) announced the Company has entered into an Agreement with green energy expert, Robert Chew to redesign the "Green Valley Project."

 

Located in western Indiana, The Green Valley Project is a multifaceted green energy power production facility that converts inexpensive methane gas from an abandoned coal mine into electricity and thermal energy.

 

Vega recently announced it has entered into a Gas Purchase Agreement with Chattanooga based Tennessee Power Company to purchase the necessary methane gas to run the project. Tennessee Power Company owns the rights to the coal bed methane located in the 314 acre abandoned Green Valley coal mine. The methane gas will be pumped from the mine and delivered through gas lines directly to the production facility located on the surface just above the mine that was recently leased by Vega.

 

The methane has been tested and a demonstration project was in operation for approximately three years, proving the viability of utilizing coal bed methane from the Green Valley Mine as a sole source fuel to generate electricity from natural gas reciprocating engine generator sets.

 

Mr. Chew has been retained to manage the redesign of the project. One change that will be made is that the power generating capacity of the facility will be increased by 100% to generate approximately 5 megawatts of power that will be sold to the local power company.

 

A seasoned veteran of the energy industry, Mr. Chew has spent 17 years in the power sector mostly in Brazil working with Teco Power Services bidding on Greenfield power plant projects in Brazil. In addition, Mr. Chew has worked with DQE Energy Services to launch a distributive generation company in Brazil and help start a small distributive power and substation firm in Sao Paulo called Grupo Energia. Mr. Chew was a qualified nuclear plant operator in the United States Navy and graduated from the University of South Carolina with a Masters Degree in international business.

 

The Company will release additional details on The Green Valley Project as the project moves forward.

 

BIOMAGNETICS DIAGNOSTICS CORPORATION (OTC: BMGP)

"Up 6.12% in morning trading"

 

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:

 

November 4 - Biomagnetics Applies for Gates Foundation Grand Challenge Grant

 

Biomagnetics Diagnostics Corp. (OTC: BMGP), a developer of revolutionary diagnostic systems and technology for HIV, hepatitis, tuberculosis, and malaria detection, announced it has submitted an application to the Bill & Melinda Gates Foundation for a grant to further develop the Integrate Optical Biosensor Sensor (IOBS) technology it is plans to bring to market. The topic for the Grand Challenge Grant is Low Cost Diagnostics for Global Priory Health Conditions, which includes both malaria and tuberculosis.

“The availability of low cost diagnostics for malaria and tuberculosis are major concerns for not only health care professions, but also for the Gates Foundation. The technology we plan to introduce reduces the cost of traditional malaria testing by up to two-thirds,” commented Clayton Hardman, CEO of Biomagnetics Diagnostics. “The IOBS platform produces test results measured in only minutes, whereas traditional methodologies often take many days. Additionally, the handheld IOBS platform can be utilized in the field at point of care by relatively untrained personnel. We believe the IOBS platform holds the promise to revolutionize testing for not only malaria, but also for many other diseases including tuberculosis and HIV/AIDS. We believe the Gates Foundation had a device such as IOBS in mind when it devised the specifications for the Challenge Grant.”

 

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.

 

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:

 

November 10 - American Sierra Gold Corp. Signs LOI to Acquire Copper-Gold-Silver Project

 

American Sierra Gold Corp. (OTCBB: AMNP), an independent gold exploration company headquartered in Reno, Nevada, announced that it has signed a Letter of Intent to acquire a 100% interest in the Carol Project located in southern Sonora State, Mexico.

 

The Carol Project

 

The Carol property is comprised of six mineral concessions that cover 1,868 acres. It is located approximately 2 miles north of Frontera Copper Corp.'s Piedras Verdes copper porphyry mine, which is currently producing and has a reported proven and probable reserve of 191 million tonnes grading 0.36% copper.

 

The property is host to three distinct mineralized targets: the bulk tonnage-style Balde copper-zinc-gold-silver skarns, the Escondida shear zone and high-grade epithermal vein-hosted silver and gold.

 

The Balde Norte skarn is exposed over an area at least 700m long by 180m across, whereas the larger Balde Sur skarn target is exposed over an area that measures 1,100m by 400m. Small gambusino-style workings occur at the northern end of the Balde Sur target where sampling returned 8 metres grading 1.62% copper, 4.18% zinc and 10.0 g/t silver.

 

In the centre of the property is the La Escondida zone where sampling returned 8 metres averaging 1.10 g/t Au, 21.23 g/t Ag as well as 2.25% Cu. This zone is open both along strike and to depth. In 2008, a new gold zone discovered at Carol uncovered 20 metres averaging 0.66 g/t gold that is open in all directions. The highest gold assay received was 2.24 g/t.

 

"The Carol project is a valuable addition to our project portfolio. It has an exciting potential to host a bulk tonnage copper-gold-silver deposit and the property's infrastructure is excellent. A trenching program carried out in 2008 showed that the property contains multiple targets with average grades greater than 1% copper, 1% zinc, 6 g/t silver and 0.3 g/t gold," commented Wayne Gruden, CEO of American Sierra.

 

"Several of the target zones remain open in at least one direction. This is significant in that there is the potential, with additional exploratory work, to show mineralization over much wider widths. We will initiate the due diligence process as soon as possible and expect to sign a final agreement in the near future," added Mr. Gruden.

 

Under the terms of the Letter of Intent, to earn a 100% interest American Sierra will be required to pay the vendor US$50,000, spend US$600,000 on exploration expenditures over a three year period and issue 500,000 shares during the same period.

 

Correction to Press Release Dated September 30, 2009 on Urique Project

 

Our news release of September 30, 2009 reported one sampling result on the Urique South Zone that was incorrect. Please note that the correct local bonanza grade gold found on this zone was 10.6 g/t (grams per ton) gold.

 

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:

 

November 9 - Pay88, Inc. Takes First Step to Becoming Online Supermarket of Financial Products and Services

 

Pay88, Inc. (OTCBB: PAYI) announced that it has signed an LOI with Chongqing Kai Yuan investment Co. marking Pay88's first step toward achieving their goal of becoming China's online supermarket of financial products and services.

 

Chongqing Kai Yuan Investment Co. is a niche financial services firm that provides micro-loans to small enterprises throughout Chongqing, a municipality of more than 31 million people, and the third fastest-growing regional economy in China. Kai Yuan Investments reported a net profit of $1.6 million USD in 2008.

 

Pay88, is already the leading reseller of internet game time in China's booming $2.75 billion online video game market. The company sells online multiplayer game time and prepaid cards in more than 20 cities in China and has already successfully captured more than 80% of the online multi-player game time market in Chongqing. Pay88 also markets prepaid telephone cards and over 800 software products, including cooking, language and education software. Adding financial products and services to their menu of offerings, company officials say, is a natural and a powerful step forward in the company's goal to become the premier online provider of consumer products and services throughout China.

 

The agreement with Chongqing Kai Yuan will soon make it possible for new clients to use Pay88's platform to apply for loans online. In addition, it will allow current clients to register, maintain and update their business profiles and financial reports online, a convenience that wasn't previously available. Pay88 projects the expansion of their platform, making these services fully available, will be complete by Q1 of 2010.

 

Guo Fan, Chairman and President of Pay88, commented on the new agreement saying, "Kai Yuan has a solid management structure with excellent local know-how about Chinese enterprises, the capital markets and the finance systems, and they provide valuable financial products and services to their clients. This agreement leverages Pay88's large customer base, diverse distribution channels and strong presence in Chongqing and southwest China offering both our companies excellent opportunities for growth."

 

"Our long-term goal," he adds, "is to digitize and streamline the whole processes of customer acquisition, client management, loan application and loan issuing. Once the expansion of our platform is complete, we plan to co-design and digitize an entire series of financial products, not only with Chongqing Kai Yuan Investment Co., but with many reputable financial services firms."

 

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.

 

CLEANPATH RESOURCES CORPORATION (OTC: CLNP)

"Up 166.67% in morning trading"

 

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

 

Beverage Plus Inc. (CleanPath Resources Corporation) is a leading franchise company in the energy drink industry. The Company, headquartered in Zurich and located in Las Vegas, is the holder of the exclusive worldwide license for the entire beverage product line of the Missouri-based Roubi Doux Beverage Company. Besides the MC2 Energy Drink Beverage Plus Inc. distributes 38 other soft drinks worldwide.

 

CLNP News:

 

November 9 - Beverage Plus Completes European Promotion Tour for MC2 Energy Drink With US Film Stars; Enters Into Agreements for Celebrity Endorsements and Beverage Promotions

 

Beverage Plus, CleanPath Resources Corp. (OTC: CLNP) and FCBBI AG (Frankfurt 3FC.de) announce our celebrity promotions. Beverage Plus completes its promotional tour with US TV and film stars Angelica Bridges ("Baywatch" and Playboy Magazine cover model) and Amy Rasimas ("Girls Gone Psycho") as well as Lauriane Gill (Ms. Switzerland 2005).

 

Beverage Plus, a North American-based franchise company, initializes the worldwide expansion with its MC2 energy drink. The famous US TV and film stars Angelica Bridges and Amy Rasimas from Los Angeles, CA, as well as Lauriane Gill, Ms. Switzerland 2005 and runner-up Miss Universe 2006, were ambassadors of the company in Europe.

 

Appearing at the NASCAR Nationwide Series race supporting the MC2 Energy Drink Ford Fusion Car are Kari Ruth, Angelica Bridges and Amy Rasimas. In addition to these women, the Company has entered into celebrity endorsement and appearance/ promotions agreements with many other TV and Film Stars including: Yasmin Canli, Iva Hasperger, Anne McDaniels, Karen McDougal (former Playboy Playmate of the Year), Erika Melahn, Ashley Murphy, Kari Ruth, Hunter Tylo (appearing over 18 years in the Emmy award winning daytime TV show "Bold and the Beautiful") and Cathea Walters.

 

At the present time, Beverage Plus Inc. markets its products primarily in the USA. The Company intends to distribute its products in up to 130 countries.

 

"We are rapidly expediting our growth strategy in the United Arab Emirates and numerous other megacities in the rest of the Middle-East," says Ron Serota, CEO of Beverage Plus, and elaborates, "We are confident in our customizing of the MC2 Energy Drink to the world-wide market. The great demand shown in China and the Middle-East for MC2 validates our plans to enter other large global markets such as Asia, Africa and Europe as well. We anticipate revenues to exceed $1 Million USD/month in 2010 and over $2 Million USD/ month in 2011."

 

Today, Beverage Plus is the only U.S. and Canadian franchise system offering an energy drink distribution using franchises, master licensees and area developers throughout the world. The business volume of the premium MC2 Energy Drink is expected to increase rapidly within the next several years. The product was initially introduced in the United States in 1998. Starting in 2008, the Company now receives orders from across the world for its beverages. The energy drink market has enormous growth potential because it is still in its infancy. Within its franchise system Beverage Plus Inc. offers entrepreneurs the opportunity of becoming a distributor in this promising market segment. The company supports every distributor with expert advice and a wide range of tools needed to start a new venture.

 

FRESH HARVEST PRODCTS INCORPORATED (OTCBB: FRHV)

"Up 100.67% in morning trading"

 

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

 

Fresh Harvest Products, Inc. is a natural and organic food and beverage company. Fresh Harvest offers a line of organic snack products and beverages, which include health bars, coffee bars, and salsa under the Wings of Nature™ name and beverages under the TeAloe™ name. In addition, Fresh Harvest provides a grocery product line, which includes several varieties of whole bean and ground coffees, and beverages. We sell our products through specialty and natural food distributors to stores, specialty supermarkets and retailers. Fresh Harvest Products, Inc. is headquartered in New York City.

 

FRHV News:

 

November 11 - Fresh Harvest Products, Inc. Announces Expanded Growth Strategy

 

Fresh Harvest Products, Inc. (OTCBB: FRHV) announced that it is planning a further expansion of its distributor network and organizational growth through additional product acquisitions, strategic alliances, and joint ventures. As part of this growth strategy, management has identified several potential acquisition targets that if acquired will help substantially grow revenues and increase its products distribution.

 

CEO Michael J. Friedman commented: "Management is focused on sustainable growth; we are using several strategies which we believe will benefit the Company and its Shareholders in the long term. Fresh Harvest intends to increase future revenues by expanding the distribution of existing product offerings and adding innovative products to our portfolio through both product development, product and brand acquisitions; as well as continuing to seek out strategic alliance and joint venture partners who serve the natural and organic health food and beverage marketplace."

 

NETLIST INCORPORATED (NASDAQ: NLST)

"Up 67.16% in morning trading"

 

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

 

Netlist, Inc. designs and manufactures high-performance, logic-based memory subsystems for the server and high-performance computing and communications markets. The Company's memory subsystems are developed for applications in which high-speed, high-capacity memory, functionality, small form factor, and heat dissipation are key requirements. These applications include tower-servers, rack-mounted servers, blade servers, high-performance computing clusters, engineering workstations, and telecommunication equipment. Netlist was founded in 2000 and is headquartered in Irvine, California with manufacturing facilities in Suzhou, People's Republic of China.

 

NLST News:

 

November 11 - Netlist Launches World's First 16GB, 2 Virtual Rank Memory Module

 

New memory module, HyperCloud, enables 384GB of DRAM in a dual socket server

 

Netlist, Inc. (Nasdaq: NLST), a designer and manufacturer of high-performance memory subsystems, today launches HyperCloud™, the world's first 16GB, 2 virtual rank (vRank) memory module for servers. A double-data-rate three, registered dual in-line memory module (DDR3 RDIMM), HyperCloud maximizes server utilization to improve datacenter application performance. HyperCloud allows 384 Gigabytes (GB) of dynamic random access memory (DRAM) to be populated in a single dual socket server, reaching unprecedented levels of server performance.

 

HyperCloud utilizes Netlist's patented rank multiplication ASIC technology to fully populate three memory channels with 16GB vRank RDIMMs. Four physical ranks are hidden from the memory controller hub and presented as 2 vRanks. Dual socket servers can then be fully populated with 24 16GB 2 vRank RDIMMs reaching a total capacity of 384GB.

 

"In HPC datacenters, servers are typically under-utilized due to memory bandwidth and memory capacity bottlenecks. Netlist is addressing these limitations with its new high-performing DDR3 RDIMM solution, called HyperCloud," said Steve Conway, Research Vice President of Technical Computing at IDC. "HyperCloud is designed to improve server productivity and application performance, especially for memory-intensive applications and workloads."

 

With load reduction, servers populated with four DIMMs per channel can operate at the highest transfer-rate of 1333MT/s providing maximum memory bandwidth, increased server performance and low latency.

 

"HyperCloud marks an important step for Netlist as we look to fill the datacenter memory gap," said C.K. Hong, President and CEO of Netlist. "Growth in key technologies like virtualization and cloud computing has been stymied by the limitations of existing memory solutions. By breaking memory barriers, HyperCloud successfully supports these applications and others like high-performance computing. Maximizing memory is the easiest way to improve performance and lower operating expenses for datacenters."

 

HyperCloud will debut at the Supercomputing tradeshow, taking place in Portland, Oregon November 17-19, 2009, in booth number 2398. Netlist plans to sample HyperCloud to major OEM customers in December with production slated for Q1 2010. HyperCloud will be available in 4GB, 8GB, and 16GB 2 vRank module options.

 

PLAYERS NETWORK INCORPORATED (OTCBB: PNTV)

"Up 9.68% in morning trading"

 

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

 

Players Network is a Digital Media Company that focuses on the Las Vegas and Gaming Lifestyles, producing and distributing original content for its own VOD Channels on television in over 22,000,000 homes, for its Broadband Network at www.playersnetwork.com, Blinkx, Google, YouTube and Yahoo Video, for DVD Home Video, mobile platforms, and through worldwide television syndication. Players Network has a 10-year history of providing consumers with quality Gaming and Las Vegas Lifestyle content, and the gaming industry with strategic partnership services in Las Vegas, Atlantic City, and throughout the worldwide Gaming Industry.

 

PNTV News:

 

November 10 - Players Network Announces a Major Milestone, Launches PNTVegas, a Complete One-Stop Las Vegas Media Destination

 

PNTV'S Official Launch at www.PNTVegas.com Signals a New Era for Players Network, Creating a Unifying Brand for Diverse Channels, Services, and Products

 

Players Network Inc. (OTCBB: PNTV), the leading Digital Television and Internet Media Network dedicated to Las Vegas Entertainment and the Gaming Lifestyle, announced today the launch of PNTVegas, a cohesive brand identity for multiple channels and affiliate offerings to maximize marketing dollars and increase revenue returns.

 

By creating PNTVegas as the parent network to Vegas on Demand, Players Network, and Sexy Sin City, the company will be able to cost effectively leverage its vast video content library to market a diverse array of television and web sponsorship opportunities, as well as online services.

 

"The future of new media is niche networks that can capitalize on complimentary revenue streams," states Mark Bradley, CEO Players Network, citing strong brand association as a key driver. As the only Las Vegas and gaming-centric network, PNTVegas and its nested television and broadband channels are uniquely positioned as a major marketing machine for the $72 billion gaming industry.

 

Players Network has spent the last year building complementary services to create new revenue streams, and an enhanced user experience, including horse race wagering, Vegas show ticketing, and member-only clubs for poker and mahjong. As part of the PNTVegas strategy, quality television programming supports each service offering, and a cohesive niche channel in turn supports the programming with a qualified target audience.

 

3COM CORPORATION (NASD: COMS)

"Up 31.63% in morning trading"

 

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

 

3Com Corporation provides secure and converged networking solutions that enable customers to manage voice, video, and data in a secure network environment. The company's products and services include security systems, such as intrusion prevention systems, network access control systems, and firewalls; Internet protocol (IP) telephony that includes IP telephony platforms, convergence application suite, and IP phones; surveillance and unified switching solutions; and networking infrastructure products comprising local area network (LAN) switches, routers and gateways, mobility and wireless LAN, network and security management. In addition, the company offers a range of professional services, such as assessment and design, project management, training and certifications, installation, and integration services, as well as open services networking services. 3Com markets and sells its products primarily through value-added partners, direct sales representatives, distributors, and resellers, as well as through systems integrators, service providers, and direct marketers. The company primarily serves enterprise and small and medium-sized business customers in various industries, including education, government, healthcare, manufacturing, finance, insurance, and real estate. It operates in the Americas, Europe, Africa, and China, as well as the Middle East and the Asia Pacific regions. The company was founded in 1979 and is headquartered in Marlborough, Massachusetts.

 

COMS News:

 

November 11 - HP to Acquire 3Com for $2.7 Billion

 

Will Create Networking Industry Powerhouse with a Proven, Edge-to-Data Center Set of Solutions and Global Reach

 

HP (NYSE: HPQ) and 3Com Corporation (Nasdaq: COMS) (“3Com”) announced that they have entered into a definitive agreement under which HP will purchase 3Com, a leading provider of networking switching, routing and security solutions, at a price of $7.90 per share in cash or an enterprise value of approximately $2.7 billion. The terms of the transaction have been approved by the HP and 3Com boards of directors.

 

This combination will transform the networking industry and underscore HP’s next-generation data center strategy built on the convergence of servers, storage, networking, management, facilities and services. The resulting business outcome will help customers simplify the network, deploy a unique and innovative edge-to-core network fabric for the enterprise and improve IT service delivery capabilities, all delivered with best-in-class price-performance.

 

“Companies are looking for ways to break free from the business limitations imposed by a networking paradigm that has been dominated by a single vendor,” said Dave Donatelli, executive vice president and general manager, Enterprise Servers and Networking, HP. “By acquiring 3Com, we are accelerating the execution of our Converged Infrastructure strategy and bringing disruptive change to the networking industry. By combining HP ProCurve offerings with 3Com’s extensive set of solutions, we will enable customers to build a next-generation network infrastructure that supports customer needs from the edge of the network to the heart of the data center.”

 

“Our extensive product line and innovative technology together with HP’s breadth and scale will expand our global opportunity,” said Bob Mao, chief executive officer, 3Com. “3Com’s networking products are based on a modern architecture which has been designed to offer better performance, require less power and eliminate administrative complexity when compared against current network offerings. Our products are enterprise proven and widely deployed in the world’s largest banks, manufacturers, Internet service providers, public utilities and retailers.”

 

The acquisition of 3Com will dramatically expand HP’s Ethernet switching offerings, add routing solutions and significantly strengthen the company’s position in China – one of the world’s fastest-growing markets – via the H3C offerings. In addition, the combination will add a large and talented research and development team in China that will drive the acceleration of innovations to HP’s networking solutions.

 

3Com also brings to HP best-of-breed network security capabilities through its TippingPoint portfolio. For the past four years, TippingPoint has been the leader in Gartner’s “Magic Quadrant” in its evaluation of leading network security products. Approximately 30 percent of the Fortune 1000 companies have already deployed TippingPoint intrusion prevention systems.

 

“We are confident that we can run our entire global business of 300,000-plus employees, including our next-generation data centers, entirely on the new HP networking solutions,” said Randy Mott, executive vice president and chief information officer, HP. “Based on our experience and extensive testing of 3Com’s products, we are planning to undertake a global rollout within HP as soon as possible after the completion of the acquisition.”

 

Under the terms of the merger agreement, 3Com stockholders will receive $7.90 for each share of 3Com common stock that they hold at the closing of the merger. The acquisition is subject to customary closing conditions, including the receipt of domestic and foreign regulatory approvals and the approval of 3Com’s stockholders. The transaction is expected to close in the first half of calendar 2010.

 

HP anticipates that the transaction will be slightly dilutive to fiscal 2010 non-GAAP earnings.

 

SPEEDUS CORPORATION (NASDAQ: SPDE)

"Up 13.19% in morning trading"

 

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

 

Speedus Corp., through its subsidiaries, engages in healthcare, restaurant, and wireless businesses in the United States. The company has co-invested with Siemens Corporate Research, Inc., a subsidiary of Siemens Corporation, in Zargis Medical Corp. to develop advanced diagnostic decision support products and services that automatically analyze acoustical data from a patient to determine physiologically significant features useful in medical diagnosis for primary care physicians, pediatricians, cardiologists, and other healthcare professionals. It owns 90% of F&B Gudtfood, the creator and operator of the original Eurocentric cafe, which operates a store in Manhattan. The company has a portfolio of patents that provide high-speed wireless communication systems. In addition, it offers Local Multipoint Distribution Service (LMDS) license for developing and deploying LMDS technology that is used for various fixed wireless purposes, including wireless local loop telephony, high-speed Internet access, and two-way teleconferencing. The company, formerly known as SPEEDUS.COM, Inc., was founded in 1995 and is based in New York, New York.

 

SPDE News:

 

November 12 - 3M Health Care and Zargis Medical Awarded ‘Innovation of the Year’ for Littmann® Model 3200 Stethoscope with Cardioscan Software

 

Stethoscope with Bluetooth® Technology Recognized by Popular Science as Revolutionary Innovation

 

3M Health Care and Zargis Medical, a majority-owned subsidiary of Speedus Corp. (Nasdaq: SPDE), announced that the 3M™ Littmann® Electronic Stethoscope Model 3200 with Zargis Cardioscan™ software was named Popular Science’s “Innovation of the Year.” This prestigious honor, part of the publication’s annual “Best of What’s New Awards,” highlights outstanding innovation, vision and execution in technologic, scientific and medical advances for the year.

 

“Pairing the Littmann Electronic Stethoscope Model 3200 with Zargis Cardioscan software is a gigantic step forward in changing the way clinicians listen to and interpret heart sounds,” said Debra Rectenwald, vice president and general manager, 3M Infection Prevention division. “This award is a testament to the spirit that drives 3M’s innovation to develop and create new ways to improve the delivery of healthcare.”

 

“Together, 3M and Zargis took the basic electronic stethoscope and transformed it into an advanced clinical tool that can improve diagnostic capabilities,” said John Kallassy, chief executive officer of Zargis Medical. “Cardioscan is a breakthrough in medical technology that has the potential to reduce unnecessary medical referrals while improving outcomes at the same time.”

 

The Littmann Electronic Stethoscope Model 3200 is the first electronic stethoscope featuring Bluetooth technology, which wirelessly transfers heart, lung and other body sounds from the chestpiece to Zargis Cardioscan or Zargis StethAssist™ software for analysis. The stethoscope and Cardioscan software combination is designed to help clinicians identify suspected heart murmurs and differentiate between those that should be referred for echocardiography and those that should not, based on guidelines issued jointly by the American College of Cardiology and the American Heart Association. Based on the software analysis and their own assessment, physicians can then choose to refer patients for an echocardiogram test, which are conclusive, but are also very expensive.

 

“For 22 years, Popular Science has honored the innovations that surprise and amaze us—those that make a positive impact on our world today and challenge our views of what’s possible in the future,” said Mark Jannot, Editor-in-Chief of Popular Science. “The Best of What’s New Award is the magazine’s top honor, and the 100 winners—chosen from among thousands of entrants—represent the highest level of achievement in their fields.”

 

This is the second year in a row a 3M product has received distinction from the publication. In 2008, the company’s MPro 100, a hand held projector was a “Grand Award” winner in the Gadgets category.

 

ABOUT BEST OF WHAT'S NEW

 

Each year, the editors of Popular Science review thousands of products in search of the top 100 tech innovations of the year; breakthrough products and technologies that represent a significant leap in their categories. The winners — the Best of What's New — are awarded inclusion in the much-anticipated December issue of Popular Science, the most widely read issue of the year since the debut of Best of What's New in 1987. Best of What’s New awards are presented to 100 new products and technologies in 11 categories: Automotive, Aviation & Space, Computing, Engineering, Gadgets, Green Technology, Home Entertainment, Security, Home Technology, Personal Health and Recreation.

 

ABOUT POPULAR SCIENCE

 

Founded in 1872, Popular Science (www.popsci.com) is the world's largest science and technology magazine, with a circulation of 1.3 million and 7.1 million readers. Each month, Popular Science delivers “The Future Now,” reporting on the intersection of science and everyday life with an eye toward what’s new and why it matters. Popular Science is published by the Bonnier Corporation (www.bonniercorp.com), one of the largest consumer publishing groups in America and the leading media company serving passionate, highly engaged audiences through more than 40 special-interest magazines and related multimedia projects and events.

 

ABOUT ZARGIS MEDICAL CORP.

 

Zargis Medical Corp. develops advanced diagnostic decision support products and services for primary care physicians, pediatricians, cardiologists and other healthcare professionals. Zargis was formed in 2001 when Siemens Corporate Research, a division of Siemens AG (NYSE: SI), and Speedus Corp. (Nasdaq: SPDE) co-invested to develop and market an advanced acoustic technology designed to detect heart abnormalities identified through analysis of heart sounds.

 

OTCPicks.com is located at 3533 Twin Lakes Drive, Prosper, TX 75078, Telephone: (972) 546-3740, Email: Publisher@OTCPicks.com.This email address is being protected from spam bots, you need Javascript enabled to view it.

DO NOT BASE ANY INVESTMENT DECISION UPON ANY MATERIALS FOUND ON THIS REPORT. We are not registered as a securities broker-dealer or an investment adviser either with the U.S. Securities and Exchange Commission (the "SEC") or with any state securities regulatory authority. We are neither licensed nor qualified to provide investment advice. OTCPicks.com makes no recommendation that the purchase of securities of companies profiled in this web site is suitable or advisable for any person or that an investment such securities will be profitable. In general, given the nature of the companies profiled and the lack of an active trading market for their securities, investing in such securities is highly speculative and carries a high degree of risk. You are receiving this email because you have registered on OTCPicks.com or one of our affiliate companies.

The information contained in our report should be viewed as commercial advertisement and is not intended to be investment advice. The report is not provided to any particular individual with a view toward their individual circumstances. The information contained in our report is not an offer to buy or sell securities. We distribute opinions, comments and information free of charge exclusively to individuals who wish to receive them.

Our newsletter and website have been prepared for informational purposes only and are not intended to be used as a complete source of information on any particular company. An individual should never invest in the securities of any company profiled based solely on information contained in our reports. Individuals should assume that all information contained in the report about profiled companies is not trustworthy unless verified by their own independent research.

Any individual who chooses to invest in any securities should do so with caution. Investing in securities is speculative and carries a high degree of risk; you may lose some or all of the money that is invested. Always research your own investments and consult with a registered investment advisor or licensed stock broker before investing.

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.com has not been compensated for VGPR advertising and promotional services, but OTCPicks principles have purchased five hundred thousand free trading shares in the open market and reserves the right to sell any or all shares at any time. OTCPicks.com has been previously compensated seven thousand five hundred dollars by a third party for BMGP advertising and promotional services. OTCPicks.com has been compensated twelve thousand five hundred dollars by a third party for BMGP 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 six thousand five hundred dollars by a third part (Ladasa Inc.) for a two-week PAYI advertising and promotional program. OTCPicks has been compensated ten million free trading shares from a non-controlling third Party (Microcap Management) for DVME 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.