dallas tx 12/3/2009 2:08:58 AM
News / Business

GTWO, BMGP, VGPR, ECOB, WWPW, MYNG, EEGI, IFNY, ASFX, ATNP, HESG OTCPicks.com Daily Market Movers Digest Midday Report for Wednesday, December 2nd

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

Our Stocks to Watch today include Gen2Media Corp. (OTCBB: GTWO), Biomagnetics Diagnostics Corp. (OTC: BMGP), Vega Promotional Systems Inc. (OTC: VGPR), EcoBlu Products Inc. (OTCBB: ECOB), Wind Works Power Corp. (OTCBB: WWPW), Golden Eagle International Inc. (OTCBB: MYNG), Eline Entertainment Group Inc. (OTC: EEGI), Infinity Energy Resources Inc. (OTC: IFNY), American Scientific Resources Inc. (OTC: ASFX), Atlantis Technology Group Inc. (OTC: ATNP) and Health Sciences Group Inc. (OTC: HESG).

 

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

 

GEN2MEDIA CORPORATION (OTCBB: GTWO)

 

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

 

Company Profile: http://www.otcpicks.com/Newsletter/GTWO_102809.html

 

Gen2Media is a fully integrated technology, production and marketing company whose proprietary and patent-pending technology has earned the trust of a growing, globally diversified customer base, comprised of leading media companies, corporations, chart-topping artists, entertainment companies, advertising agencies and national brands such as The Black Eyed Peas, Mary J. Blige, Britney Spears, Justin Timberlake, Microsoft Xbox LIVE, Coca-Cola Company, Toyota, Clear Channel, and others.

 

GTWO News:

 

December 2 - Gen2Media Selected to Provide Digital Video for Grammy Nominations Concert on CBS

 

Gen2Media Corporation (OTCBB: GTWO), an innovative full service video technology and production company, created a segment of the on-stage graphics for tonight’s Black Eyed Peas performance at the GRAMMY Nominations Concert. Gen2 designed several screens of varying shapes and sizes that were utilized as the backdrop for the Black Eyed Peas performance.

 

“Gen2 continues to create digitally dazzling graphics for our clients. Having our finger on the pulse of the audience is essential as we design these spectacular experiences. We are the experts in the revolutionary use of video in all formats — be it online, on screen, or in-store,” states Mary Spio, Co-Founder and President of Gen2Media Corporation.

 

The Grammy Nominations Concert on CBS airs tonight Wednesday, December 2nd at 9/8Central. French DJ/producer David Guetta will spin throughout the one-hour special. Previously announced performances include three-time GRAMMY winners the Black Eyed Peas, six-time GRAMMY-nominated Maxwell, GRAMMY-nominated Nick Jonas and his side project Nick Jonas & The Administration, and GRAMMY winner Sugarland. Two-time GRAMMY winner LL Cool J is set to host.

 

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:

 

December 1 - Biomagnetics to Hold Investor Conference Call to Introduce World Class Biosensor Technology for Malaria, HIV and Tuberculosis Diagnosis

 

Biomagnetics Diagnostics Corp. (OTC: BMGP), a developer of revolutionary diagnostic systems and technology for HIV, hepatitis, tuberculosis and malaria detection, announced in November that the Company will hold an investor conference call to discuss upcoming business opportunities and its agreement with Los Alamos National Security, one of the world’s premiere research laboratories.

 

Specifically, the call, which will be open to all investors, will be held on Wednesday, December 2nd at 4:30 EST. Interested parties may dial into the Biomagnetics Diagnostics Corp. conference call using the toll free dial-in number (US & Canada) of (888) 858-6021 or the local toll dial-in number of (973) 935-2037. The conference pass code to access the call is 5913680359.

 

“It is a very exciting time for all of us at Biomagnetics as well as our shareholders. For the past few quarters, we have been working on several major growth initiatives that are now coming to fruition,” commented Clayton Hardman, CEO of Biomagnetics Diagnostics. “Please join us on tomorrow’s investor conference call as we discuss the pending introduction of our revolutionary technologies for malaria, HIV, tuberculosis and other pathogen and disease diagnosis and as we profile our new and evolving relationship with one of the world’s premiere research institutions, Los Alamos National Security. We view our current business opportunities as being highly significant.”

 

The Company recently announced on November 30th that it has finalized a "Patent License Agreement with Los Alamos National Security." Under the agreement, Biomagnetics will have access to the Triggered Optical Biosensor and Integrated Optical Biosensor System (IBOS) technology developed at Los Alamos National Laboratory.

 

According to the World Health Organization, some 3.2 billion people, or about half of 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 System (IBOS), such as 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.

 

VEGA PROMOTIONAL SYSTEMS INCORPORATED (OTC: VGPR)

"Up 10.99% 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 30 - Vega in Final Phase of Redesigned Green Valley Project

 

Vega Promotional Systems, Inc. (OTC: VGPR) provided the following update on the Company's Green Valley Project:

 

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

 

There are three phases to the project that must be completed in order to produce electricity. The first step was securing the rights to the methane gas from the Green Valley Mine. As recently announced, Vega 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 Green Valley coal mine.

 

The methane gas from the mine will be delivered through gas lines to the production facility located on the surface just above the mine. The second phase of the project was securing the production facility. The Company recently announced it has entered into a lease of the entire production site.

 

The methane has been tested and a successful demonstration project was in operation for approximately three years, proving the viability of utilizing the coal bed methane from the Green Valley Mine as a sole source fuel to generate electricity from natural gas reciprocating engine generator sets. Replacing the generator sets is phase three of the project. The Company's engineers will be meeting at the site the second week of December with representatives from recently chosen ARE Energy, a division of American Railroad Equipment to discuss the proposed delivery and set up of the new generator sets. Once the power production facility is restarted it will produce approximately 5 megawatts of power that will be sold to the local power company.

 

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

 

ECOBLU PRODUCTS INCORPORATED (OTCBB: ECOB)

"Up 8.33% in morning trading"

 

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

 

Company Profile: http://www.otcpicks.com/ecoblu-products.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.

 

ECOB News:

 

November 23 - EcoBlu Adds Insulation to Its Product Line

 

New Product Includes Mold and Fire Protection

 

EcoBlu Products, Inc. (OTCBB: ECOB) announced that it has added Cool Blu Insulation, a cellulose based insulation for new construction and retrofits, to its product line. Cool Blu Insulation will contain EcoBlu's mold protection as well as its exclusive FRC™ technology (Fire Retardant Coating) to provide Class A fire protection.

 

Cool Blu Insulation is a natural product made from 85% recycled paper fiber, is safe for the environment, contains no harmful chemicals or irritants, and does not pose off gassing or Volatile Organic Compound (VOC) concerns. When installed, it provides home builders superior thermal performance, sound control and permanent fire resistance. Recent research shows the United States insulation market is $8.5 billion and is expected to grow 5.3% annually through 2012. This is potential positive revenue growth for EcoBlu and is an excellent complement to its wood products.

 

"This addition to our product line gets us closer to offering a complete package of eco-friendly building materials. Our goal is to provide products that save energy, improve indoor air quality, improve the sustainability of our forests and save lives," said Steve Conboy, President and CEO of EcoBlu Products. "Using Cool Blu Insulation along with our BLUWOOD™ coated wood products will allow builders and developers to build safer and more energy efficient homes," added Conboy.

 

Cool Blu Insulation is proven to reduce energy consumption by slowing air infiltration better than other insulation materials due to its density, and outperforms fiberglass insulation products with 57% better fire resistance.

 

The Company will also be demonstrating their exclusive FRC technology (Fire Retardant Coating) on wood structures and new Cool Blu Insulation today at the grand opening of its EcoGreen Exchange, a showplace for green building products and new corporate headquarters for EcoBlu Products. The grand opening will feature TV personality Lisa Ling and her husband Dr. Paul Song who are building an energy neutral home using EcoBlu products and are active in the environmental community.

 

WIND WORKS POWER CORPORATION (OTCBB: WWPW)

 

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

 

Company Profile: http://www.otcpicks.com/wind-works-power.htm

 

Wind Works' mission is to become a leading developer of wind energy projects in North America and Europe.

 

WWPW News:

 

November 30 - Wind Works Power Corp. Submits Power Contract Applications Totaling 100 MW for 8 Wind Energy Projects Under the New Feed-In Tariff Program in Ontario

 

Wind Works Power Corp. (OTCBB: WWPW) (Frankfurt: R5E1)(WKN: AOKE72) announces it has submitted power contract applications for 8 wind energy projects representing a total of 100 megawatts (MW) under the new Feed-in Tariff program as part of the Ontario Power Authority initial launch period.

 

"Wind Works has now submitted power contracts for 9 wind energy projects totaling 110MW, which includes the 10MW Clean Breeze project which was submitted earlier" commented Dr. Ingo Stuckmann, CEO and director of Wind Works. "We look forward to being awarded power contracts, as our stated objective is to commence construction on a minimum of 20MW of wind energy projects in Ontario by 2011. With our recently announced financing, plus the proceeds from the flow-through funds that we are raising up until the end of the calendar year, we will have sufficient capital to continue development of our project portfolio resulting in materially significant value being added to the Company."

 

Power contract applications have now been submitted for the following Ontario projects:

 

1. Grey Highlands Wind Park: 100% interest in a 10 MW project 25kms south of Georgian Bay, Ontario, Canada;

 

2. Snowy Ridge Wind Park: 100% interest in a 10 MW project in the vicinity west of the village of Bethany, Ontario, Canada;

 

3. Settlers Landing Wind Park: 50% interest (with an option to increase to 100%) in a 10MW project located near Pontypool, Ontario, Canada;

 

4. Skyway 126 Wind Park: 70% interest in a 10 MW project located in Grey-Highlands Township, Ontario, Canada on the north east side of the Garafraxa Plateau, the highest land mass in Ontario;

 

5. Polar Bear Wind Park: 50% interest (with an option to increase to 100%) in a 20MW project located in Ontario, Canada;

 

6. Pleasant Bay Wind Park: 50% interest (with an option to increase to 100%) in a 20MW project located in an area just north of the shores of Lake Ontario that has one of the best wind regimes in Ontario;

 

7. Zorra Wind Park: 50% interest (with an option to increase to 100%) in a 10MW project located northwest of Woodstock, Ontario, Canada;

 

8. Whispering Woods Wind Park: 50% interest (with an option to increase to 100%) in a 10MW project located near Millbrook, Ontario, Canada; and

 

9. Clean Breeze Wind Park: 50% interest (with an option to increase to 100%) in a 10MW project located in Ontario, Canada.

 

The Feed-in Tariff (FIT) contract program is part of the new Green Energy Act in Ontario and offers a power contract with a guaranteed rate of C$135.00/MWh over a 20-year term to qualified wind energy projects. The Ontario Power Authority (OPA) initial launch period deadline for FIT applications is November 30, 2009. This first launch period is designed for projects that were being developed under the Renewable Energy Standard Offer Program (RESOP) and are therefore further advanced. Criteria of earlier commercial operation dates is one such factor in obtaining priority access to transmission availability. To be awarded a Power Purchase Agreement (PPA) under the FIT rules, the application has to be submitted in accordance with strict regulations which can be accessed in details via the OPA website.

 

About Zero Emission People

 

The vision of Zero Emission People is to provide the opportunity for anyone to invest early in the development of renewable wind energy projects. As an example, as little as a $10,000 investment in a wind park blows away a person's carbon footprint. We believe in making sound, environmentally conscious investments that are good for all shareholders, people and our planet.

 

GOLDEN EAGLE INTERNATIONAL (OTCBB: MYNG)

"Up 13.64% in morning trading"

 

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

 

Golden Eagle International, Inc. is a gold and copper exploration, mining and milling company headquartered in Salt Lake City, Utah; with offices in Elko, Nevada and Santa Cruz, Bolivia. The Company's most recent efforts have centered on its Agreement with Queenstake Resources USA, Inc. for the maintenance and ongoing regulatory compliance of the Jerritt Canyon 4,000 tpd CIL gold mill. In addition, Golden Eagle is working to maximize the potential of its Gold Bar 4,000 tpd CIP gold mill located in Eureka, Nevada through a joint venture, toll refining arrangement or potential merger. The Company has temporarily suspended operations at its C Zone gold mine and mill within its 136,500 acres (213 square miles) in eastern Bolivia's Precambrian Shield. Golden Eagle has also temporarily suspended its continuing development of its Buen Futuro A Zone gold and copper project in eastern Bolivia.

 

MYNG News:

 

November 3 - Golden Eagle in Ongoing Negotiations and Due Diligence Regarding Letter of Intent Offering $10 Million for the Purchase of Gold Bar Mill and Operating Agreement

 

Company Awaits Hearing Date on Motion for Order to Restore Possession of Jerritt Canyon Mill to Golden Eagle in $40 Million Lawsuit

 

Golden Eagle International, Inc. (OTCBB: MYNG) reported that it is engaged in ongoing negotiations and due diligence regarding a Letter of Intent ("LOI"), announced October 13, 2009 in a press release, and in a Current Report on Form 8-K filed with the U.S. Securities and Exchange Commission, offering $10 million for the purchase of the Company's Gold Bar mill. The offer was made by a private exploration and mining company with mining interests in Nevada and Utah. The Gold Bar mill is a 3,500 to 4,000 tpd CIP gold mill located 25 miles northwest of Eureka, Nevada that Golden Eagle has owned since 2004.

 

The terms of the LOI established a $1 million down payment to be made by October 30, 2009 (which payment was not made due to ongoing negotiations and due diligence), with $9 million deposited into escrow pending the completion of the permitting process (which deposit was also not made due to ongoing negotiations and due diligence). Due to the nature of the current negotiations, Golden Eagle considers the LOI to continue to be a valid offer pending the finalization of terms and conditions of an agreement.

 

Additionally, as part of the LOI Golden Eagle is negotiating a long-term operating agreement for the Gold Bar mill if and when it is sold.

 

Golden Eagle is carrying out due diligence regarding the offer, and further is cooperating with the potential purchaser on its due diligence with respect to the proposed transaction.

 

While Golden Eagle cannot guarantee that it will reach satisfactory terms regarding the sale of the Gold Bar mill, or for a long-term operating agreement, the Company is proceeding in good faith to seek mutually beneficial terms and conditions.

 

Company Awaits Hearing Date on Motion for Order to Restore Possession of Jerritt Canyon Mill to Golden Eagle in $40 Million Lawsuit

 

Golden Eagle also reported that final pleadings were filed with the Fourth District Court in Elko, Nevada, on October 28, 2009 and the Company is awaiting a hearing date on its motion asking for an order restoring the Company to possession of the Jerritt Canyon mill. (See, Golden Eagle's press release dated September 22, 2009.) Golden Eagle's motion is a step in its $40 million lawsuit against Yukon-Nevada Gold Corp. ("YNG") and its wholly owned subsidiary, Queenstake Resources USA, Inc. ("Queenstake"). The motion is based on the fact that Golden Eagle was given possession of the Jerritt Canyon mill as operator in early September 2008 and that its possessory right was illegally terminated with three hours notice on June 10, 2009 in violation of Nevada state law. The motion further alleges that YNG and Queenstake are guilty of forcible entry and forcible detainer in the abrupt and unreasonable manner in which Golden Eagle's possessory right to the Jerritt Canyon mill was terminated, and then that possessory right was further illegally interfered with through YNG and Queenstake's unlawful detention of the mill thereafter.

 

The Company is continuing its foreclosure proceedings on $2.23 million in mechanics' liens filed against YNG and Queenstake's Jerritt Canyon mill.

 

YNG and Queenstake have generally denied Golden Eagle's claims and are opposing the Company's motion for an order restoring its possession of the Jerritt Canyon mill.

 

ELINE ENTERTAINMENT GROUP INCORPORATED (OTC: EEGI)

"Up 30.00% in morning trading"

 

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

 

Eline Entertainment Group, Inc. operates as a holding company of Industrial Fabrication & Repair, Inc. (IFR); Storm Depot International Corp.; and CTD Holdings, Inc. Industrial Holding and IFR IFR, a 51%-owned subsidiary of Industrial Holding, is engaged in component sales, machining, specialty design and fabrication. IFR engages in component sales, machining, specialty design and fabrication for conveyer systems used in the movement of raw materials, finished goods and supplies in its customers' manufacturing processes. IFR's customers are engaged in various industries, including paper, steel mills, rock quarry operations, coal mining applications and bottling facilities located in the South Eastern United States. Its customers include Coca-Cola, Pepsico, Kimberly-Clarke Corp., American Limestone, Gerdau-AmeriSteel, Vulcan Materials Co., Harrison Construction, Blue Diamond Coal, Carlex Glass, HBD Industries and Hartco Flooring. Storm Depot international Corp. Storm Depot International Corp. distributes hurricane protection products through a network of licensed dealers and independent retailers.

 

EEGI News:

 

November 11 - Eline Entertainment Group Inc. Selects Mina Mar Group as Its Corporate Advisor and Investor Relations

 

Eline Entertainment Group Inc. (OTC: EEGI) has retained the Mina Mar Group as the representative of their new expansive corporate interests in the rapidly changing global market. Mina Mar Marketing Group will handle the company's investor relations side of the business.

 

Eline Entertainment Group Inc.'s agreement with the Mina Mar Group as its Corporate Advisor and Investor Relations Expert will represent EEGI's interests in public market, bringing the company closer to the investors' community. Eline Entertainment Group Inc. believes that Mina Mar Group will give the company a fresh image and the competitive market advantage necessary for success in the rapidly changing global market.

 

Mrs. Woo a spokesperson for the Heibin China targeted merger candidate said "We've met with the representatives of the Mina Mar Group to discuss the present position of our company in the market and discussed the possibilities and options for our future growth. We were very impressed by Mina Mar Group's ability and dedication and expertise in the China market. We are assured that under Mina Mar Group's wing we will ultimately bring a profitable future to the Eline Entertainment Group and its shareholders."

In other company news the company is aiming for late November to complete its financial filings with Pink Sheets including its Q3 report which should earn the company a "Yield" or the top 2 tier ranking with Pink Sheets.

 

Mina Mar Group focuses on the small-cap and micro-cap companies with revenues of less then 20 million dollars and/or assets of less then 3 million dollars. Mina Mar Group operates on both US and German exchanges, and serves their customers with complete Investor Relations (IR) services.

 

INFINITY ENERGY RESOURCES INCORPORATED (OTC: IFNY)

"Up 40.00% in morning trading"

 

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

 

Infinity Energy Resources, Inc. is an independent energy company engaged in the exploration, development and production of natural gas and oil in Texas and the Rocky Mountain region of the United States. The Company also has oil and gas concessions covering 1.4 million acres offshore Nicaragua in the Caribbean Sea.

 

IFNY News:

 

December 2 - Independent Analysis of Seismic Data Suggests Infinity Energy Resources Offshore Nicaraguan Concessions Potentially Contain Over Three Billion Barrels of Oil in Eocene Zones

 

* Initial Results From Seismic Interpretation Confirms Presence Of Numerous Structures With Potential For Multiple Pay Zones

 

* Company To Attend Nape Expo In Houston February 11-12, 2010

 

Infinity Energy Resources, Inc. (OTC: IFNY) ("Infinity" or the "Company"), an independent oil and gas exploration and development company, announced that it has received the results from an independent analysis of 2-D seismic data covering its approximately 1.4 million-acre oil and gas concessions offshore Nicaragua. The Company will host an investor conference call on December 10, 2009 to discuss this subject further (see details provided below).

 

The seismic data was acquired from Fugro Data Services AG, a unit of Fugro N.V. ("Fugro"), a Netherlands-based global leader in the collection and interpretation of data and the provision of advice related to the Earth's surface, the sea bed, and the soil and rocks beneath.

 

Analysis and interpretation of the seismic data was conducted by Brazilian-based Consultoria em Geologia Geofisica e Informatica do Petroleo LTDA ("CGGIP") and its senior geological consultant, Luciano Seixas Chagas, working in concert with Thompson & Knight Global Energy Services in Houston, Texas.

 

Mr. Chagas, who holds a Ms. Sci. Degree in Sedimentary Geology and Stratigraphy from the Federal University of Rio Grande do Sul, Brazil, has over 35 years of experience in the exploration of sedimentary basins around the world. He is considered an expert in sedimentary, stratigraphic and structural characteristics and petroleum systems. Mr. Chagas served with Petrobras for over 30 years in several technical and managerial positions, during which time he was involved in the successful exploration and field development of onshore northeastern Brazilian basins. Since 2004, he has provided consulting services to various oil companies operating in Brazil through his own company, CGGIP. Mr. Chagas has published more than 50 papers and articles on the Petroleum Geology of several Brazilian sedimentary basins, particularly the Reconcavo, Sergipe-Alagoas and Potiguar basins. He lectures regularly on subjects such as Stratigraphy, Structural Geology, Petroleum Geology, and Well Log Analysis at various Brazilian universities.

 

"Our consultants' preliminary analysis of the seismic data that we acquired from Fugro in September 2009 reveals the presence of at least three major structures beneath the relatively shallow waters of our offshore Nicaraguan concessions," stated Stanton E. Ross, Chief Executive Officer of Infinity Energy Resources, Inc. "While our internal analyses have indicated potentially large deposits of hydrocarbon resources in the Eocene and Cretaceous geologic zones, this is the first time that an independent third party has validated our thesis."

 

"Our independent consulting firm estimated that the three structures potentially contain over three billion barrels of oil in the Eocene zones alone, subject to their various assumptions. The seismic data was based on a survey conducted in 1999 and multiple surveys acquired during the 1970s and reprocessed by Fugro in 1999. Our consultants were unable to evaluate the deeper Cretaceous formations or estimate the potential for additional resources in these deeper zones with the available seismic data. Some of the largest oil discoveries in the Caribbean and Western Atlantic basins in recent years have been found in the Cretaceous pay zones, and we have reasonable expectations that Cretaceous, in addition to Eocene, hydrocarbons are present within our concessions."

 

"Infinity is in the process of preparing an informational presentation that we expect to utilize in discussing the Nicaraguan opportunity with potential strategic and/or financial partners," continued Ross. "A number of private, publicly-traded, and national oil and gas companies have been identified as prospective partners, and we expect to enter into discussions with interested parties beginning in January 2010."

 

The Company plans to attend the NAPE Expo (formerly the North American Prospect Expo) in Houston in February 2010. NAPE, the world's largest E&P (upstream) exposition, attracts over 900 exhibiting and/or presenting companies to its February exposition, and provides a marketplace for the buying, selling and trading of oil and gas prospects and producing properties.

 

AMERICAN SCIENTIFIC RESOURCES INCORPORATED (OTC: ASFX)

"Up 20.21% in morning trading"

 

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

 

American Scientific Resources, Inc. is the parent company for wholly-owned subsidiaries, Kidz-Med and Heart Smart System. The Company's objective is to locate and acquire innovative health and safety products that are successfully sold abroad, and to introduce and promote them to the North American market.

 

ASFX News:

 

December 2 - World's Only FDA Approved Home Needle Destruction Device is in Production

 

Marketing Strategy Underway, Addition to Team

 

American Scientific Resources, Inc. (OTC: ASFX) announces that the Disintegrator Plus™, the world's only FDA approved home needle destruction device (NDD), is in its first production run for ASR.

 

Specifically designed to fill the current demand for home injection prescription drug users in California (resulting from the recent passing of the SB 486 which requires Californian's to safely dispose of their sharps at home), as well as consumers throughout America and globally, the units are expected to be available during the first quarter of 2010 through various global distribution points.

 

The new and improved Disintegrator Plus is a safe, FDA approved device, which utilizes patented plasma arc technology to sterilize and disintegrate the needle at a temperature of over 3000 degrees Fahrenheit reducing it to a small bb-shaped ball. It uses patented technology that gives it distinct advantages over similar devices.

 

This "greener" version complies with the new Restriction of Hazardous Substances regulations (ROHS), a hazardous material-free directive, enforced in the European Union Communities. The new graphics and color scheme will help consumers identify this particular model as ASR's new and improved device.

 

In addition to already having received confirmation of a Purchase Order from a major global Pharmaceutical Corporation, ASR is creating a tactical marketing and distribution plan in order to inform municipalities, contracted waste haulers, pharmaceutical manufacturers and consumers across the world that ASR is the go-to resource for a safe, viable option to properly dispose of sharps at home.

 

Marc Massoglia, an Economist with extensive sales and marketing experience in B2B sales and marketing in medical devices, has been commissioned by ASR to spearhead the project.

 

Dr. Christopher F. Tirotta, CEO of American Scientific Resources, states, "We have a proven sales leader in Marc, enhancing our marketing and sales tactics for this device. The demand has proven the need for our product within the marketplace."

 

ASR is in the process of also creating a website where consumers and commercial entities can purchase the units, receive a wealth of knowledge including regulatory, education and stewardship information and also bond with a community that is familiar with challenges they face.

 

ATLANTIS TECHNOLOGY GROUP INCORPORATED (OTC: ATNP)

"Up 19.44% in morning trading"

 

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

 

Atlantis Technology Group was formed to establish privately held and publicly traded technology companies that focus primarily on high-growth investments that are at the leading edge of business and technological innovation.

 

ATNP News:

 

December 2 - Atlantis Technology Group Subsidiary Global Online Television Executed a Contract With FreeCause, Inc. to Provide a Shopping Mall and Search Toolbar for the GOTV IPTV Service

 

Atlantis Technology Group (OTC: ATNP) subsidiary Global Online Television Corporation (GOTV) (www.gotvco.com) executed a contract with FreeCause, Inc. (www.freecause.com) to provide a shopping mall and search toolbar for the GOTV IPTV Service. The shopping mall will be set to a specific channel enabling viewers to shop directly from their TV at numerous stores like Best Buy, Expedia, Wal-Mart, Amazon.com, Target, Office Max, Petco, Macys, and many more. A complete list of over 2,000 online shopping stores will be available on the company website.

 

A separate channel will be designated for individual store sales enabling customers to scroll through the various sales without actually visiting the individual store's home page.

 

Each time an individual makes a purchase from the shopping mall channel GOTV will receive revenue from the sale. It is estimated from previous marketing experience and other clients that each individual subscriber generates approximately $34.00 per month in gross sales revenue.

 

The toolbar will be installed directly into the web browser utilizing each individual search as a possible revenue stream. Additional target marketing will be gathered from each customers search criteria and purchases. This will enable the shopping mall to show sales on what types of products and stores each customer has an interest in.

 

Global Online Television Corporation projects the gross sales revenue in 2010 to be over $40 million for the shopping mall channel and toolbar yielding net revenues of over $2 Million.

 

ABOUT FREECAUSE, INC.

 

FreeCause, Inc. As a global industry leader, FreeCause is dedicated to provide cutting-edge engagement solutions that help to unlock the value of constituent relationships for the benefit of nonprofit organization and other affinity based groups.

 

ABOUT GLOBAL ONLINE TELEVISION (GOTV)

 

Global Online Television Corporation was originally established by Atlantis Technology Group as a media subsection that would develop research in the advancement of media-based technology. GOTV brings the largest internet protocol television networks together for your home television viewing. IPTV is TV to TV, using standard broadband connections. By using the IPTV and Microsoft Windows Media Player, the video stream is delivered to your home television over broadband internet connection. Any broadband internet connection can be used, so there is no need to change providers. It is fast, simple, and affordable.

 

HEALTH SCIENCES GROUP INCORPORATED (OTC: HESG)

"Up 22.22% 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:

 

December 2 - Health Sciences Retires Common Shares

 

Health Sciences Group, Inc. (OTC: HESG) would like to announce that as of today December 2, 2009 it has officially cancelled (retired) 2 billion shares of common stock. This retirement of shares has come from 500,000,000 shares of Thomas Gaffney's personal shares and 1.5 billion shares that the Company set aside for the acquisition of Modus Health Care that never closed.

 

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