Dallas TX 12/4/2009 1:26:14 AM
News / Business

ECOB, BMGP, AMNP, VGPR, QMCI, VKNG, TYTN, IFNY, EMXC, SGCP, MCLN OTCPicks.com Daily Market Movers Digest Midday Report for Thursday, December 3rd

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 EcoBlu Products Inc. (OTCBB: ECOB), Biomagnetics Diagnostics Corp. (OTC: BMGP), American Sierra Gold Corp. (OTCBB: AMNP), Vega Promotional Systems Inc. (OTC: VGPR), QuoteMedia Inc. (OTCBB: QMCI), Viking Systems Inc. (OTCBB: VKNG), Tytan Holdings Inc. (OTC: TYTN), Infinity Energy Resources Inc. (OTC: IFNY), EMAX Holdings Corp. (OTC: EMXC), Sierra Gold Corp. (OTC: SGCP) and MedClean Technologies Inc. (MCLN).

 

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

 

ECOBLU PRODUCTS INCORPORATED (OTCBB: ECOB)

"Up 10.00% 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:

 

December 3 - EcoBlu Products, Inc. to Present at 2nd Annual LD MICRO Conference

 

EcoBlu Products, Inc. (OTCBB: ECOB), a manufacturer of proprietary wood products coated with an eco-friendly chemistry that protects against mold, rot, decay, termites and fire announced that Company executives will present their corporate story at the 2nd annual LD MICRO Conference on Thursday, December 3 at the Luxe Sunset Bel Air in Los Angeles, California.

 

The LD MICRO Conference is an opportunity for growing companies to present their business model to over one hundred institutions focused on small and micro-cap companies.

 

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 2 - Biomagnetics to Hold Rescheduled 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 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 rescheduled call, which will be open to all investors, will be held on Thursday, December 3rd 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 (877) 274-7449 or the local/international dial-in number of (763) 488-8345. The conference ID number to access the call is 45166038. (The call, previously scheduled for today, Wednesday December 2nd, was rescheduled for tomorrow, Thursday December 3rd, when an apparent attempt by National Public Radio (NPR) to cover and record the Biomagnetics Diagnostics Corp. conference call caused technical difficulties.)

 

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.

 

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 17 - American Sierra Gold Corp. Discovers New Gold-Rich Zone at El Rosario, Urique Project

 

American Sierra Gold Corp. (OTCBB: AMNP), an independent gold exploration company headquartered in Reno, Nevada, announces the discovery of a new gold-rich zone within the El Rosario mine of the Company's Urique Project, Mexico.

 

The highlights of the completed work program include:

 

* 9.74 g/t Au and 356.7 g/t Ag over 1.68 m.

* 2.16 g/t Au and 92.5 g/t Ag over 2.93 m.

* 3.60 g/t Au and 108.2 g/t Ag over 1.87 m.

* 5.65 g/t Au and 95.9 g/t Ag over 0.45 m.

* 3.69 g/t Au and 112.7 g/t Ag over 1.10 m.

* 3.53 g/t Au and 243.1 g/t Ag over 0.40 m.

 

All the abovementioned results come from the underground sampling within the Rosario tunnel. This tunnel, the largest of three known workings within the El Rosario target area, was reconditioned, re-mapped and sampled in preparation for a planned underground drill program. Previously unknown extensions to the workings were encountered and sampled resulting in the discovery of the new gold-rich zone. A total of 22 samples were taken from this zone with values ranging from 0.06 to 11.57 g/t gold and 6.6 to 358.7 g/t silver.

 

The El Rosario target measures approximately 175 metres wide by 400 metres long and has never been drilled. It is open along strike and to depth. Multiple +1 kilogram per tonne silver assays have been collected from various veins throughout the El Rosario target. Significant silver mineralization also occurs within the altered andesite host rocks (257 g/t silver and 0.78 g/t gold over five metres), which adds to the bulk tonnage potential of the target. In 2008, surface sampling, some 150 metres above the Rosario tunnel, encountered bonanza grades of as much as 10.6 g/t gold and 8,290.0 g/t (or 241.5 ounces per ton) silver.

 

"We are very excited with the results of our work at El Rosario. The presence of multiple vein sets hosting high-grade silver-gold mineralization, as well as felsic intrusives related to widespread alteration and mineralization of the andesitic rocks, suggests that the El Rosario target area has the potential to expand further," commented Mr. Wayne Gruden, American Sierra's CEO.

 

"The new high-grade gold zone encountered may represent an ore shoot and this concept needs to be tested by drilling. We are, therefore, currently working on the preparation of an underground drilling program which we expect to initiate in the near-term and conclude in the first months of 2010," added Mr. Gruden.

 

VEGA PROMOTIONAL SYSTEMS INCORPORATED (OTC: VGPR)

 

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.

 

QUOTEMEDIA INCORPORATED (OTCBB: QMCI)

"Up 13.08% in morning trading"

 

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

 

Company Profile: http://www.otcpicks.com/quotemedia/quotemedia.htm

 

QuoteMedia, Inc. is a leading software developer and provider of real-time streaming financial market information, decision-support, news and research solutions to brokerage, financial services companies, business and media corporations. Among its many leading-edge products lines, the Company offers data feeds, news, dynamic market content solutions, interactive stock research tools, financial applications and real-time wireless applications. QuoteMedia provides data and services for companies such as the NASDAQ, the OTCBB, Dow Jones & Company, Forbes.com, Scotia Capital, Business Wire, Southwest Securities, Regal Securities, FBR Direct, Broadridge Financial Solutions, Inc., AIM Trimark, Zacks Investment Research, ChoiceTrade, QTrade, Schaeffer's Investment Research, Automated Financial Systems, WallStreet*E, and others. For more information, visit www.quotemedia.com.

 

QMCI News:

 

November 12 - QuoteMedia Reports Third Quarter Results

 

QuoteMedia, Inc. (OTCBB: QMCI), a leading provider of market data and financial applications, announced financial results for the three and nine months ended September 30, 2009. These results reflect a 1% increase in third quarter revenue, to $1,910,884 from $1,888,279 in the comparative period in 2008. Revenue for the nine months ended September 30, 2009 increased 7%, to $5,658,444 from $5,300,350 in the comparative period in 2008.

 

“As forecasted, the global recession moderated QuoteMedia's revenue growth during the first three quarters of 2009,” says Keith Guelpa, President of QuoteMedia, Inc. “The downturn, however, has presented opportunities as the added pressure on financial sector firms to find more efficient and cost effective solutions to their data and technology needs has opened many new doors for QuoteMedia’s offerings. While we have suffered the loss of some smaller clients who have shrunk or ceased operations as a result of the negative market conditions, larger prospective new clients have been approaching us about replacing their current solutions. These larger opportunities generally take extended periods to close and to produce revenue streams, given the scale of the contemplated deployments and the time required to terminate their existing provider contracts. Quotestream Professional, our streaming real-time market data terminal for brokers and financial professionals, continued to garner increasing interest and broader market penetration during the 3rd quarter, with an increasing number of new client firms preparing for their initial rollout. Additionally, the company is in various stages of discussion and negotiation with respect to several large scale enterprise deployments of a wide range of our other product offerings. At a time when most of our competitors are struggling, discontinuing product lines, laying off staff and experiencing significant declines in revenues, we are pleased to see that we are not only weathering the storm, but strengthening and expanding. Given the opportunities we are seeing, and the inroads we’ve made so far this year, we expect strong revenue growth in 2010.

 

“We experienced a loss for the third quarter of $155,365 compared to a loss of $153,873 in the comparative quarter. The loss for the nine months ended September 30, 2009 was $556,490 compared to a loss of $869,550 in the comparative period. This represents a 36% improvement in operating results for the nine month period. In view of the economic conditions confronting our industry during 2009, we are satisfied with our performance to date, and we believe that we continue to be on target to meet our long term objectives.”

 

VIKING SYSTEMS INCORPORATED (OTCBB: VKNG)

"Up 54.84% in morning trading"

 

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

 

Viking Systems, Inc. (OTCBB: VKNG) is a leading worldwide developer, manufacturer and marketer of visualization solutions for complex minimally invasive surgery. The Company partners with medical device companies and healthcare facilities to provide surgeons with proprietary visualization systems enabling minimally invasive surgical procedures, which reduce patient trauma and recovery time.

 

VKNG News:

 

November 18 - Trading Review for Viking Systems Inc. Issued by Beacon Equity

 

BeaconEquity.com announces an investment report featuring medical device maker Viking Systems Inc. (OTCBB: VKNG). The report includes financial, comparative and investment analyses, and industry information you need to know to make an educated investment decision.

 

The investment report on Viking Systems Inc. (OTCBB: VKNG) should be of particular interest to medical device companies Boston Scientific Corp. (NYSE: BSX), Medtronics Inc. (NYSE: MDT) and Saint Jude Medical Inc. (NYSE: STJ).

 

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

 

TYTAN HOLDINGS INCORPORATED (OTC: TYTN)

"Up 120.00% in morning trading"

 

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

 

Tytan Holdings, Inc. is a holding corporation with strategic focus in acquisition of agricultural equipment manufactures and exploration of environmental technologies.

 

TYTN News:

 

December 3 - Tytan Holdings Inc. Has Acquired Tytan International Inc. and is Now a Publicly Traded Company

 

Tytan Holdings, Inc. (OTC: TYTN) announced that it has acquired Tytan International Inc., an importer and manufacturer of small to medium farm tractors and implements. Tytan International, Inc. is a well-established, 25 year old company. Tytan Holdings is now trading on the over-the-counter stock market. To see the impressive line of Tytan's products go to www.tytantractor.com. Tytan's success has come from its long standing relationships in China and its ability to market high quality products at extremely competitive prices throughout the U.S. & Canada. Tytan has designed many of its own products, has patents pending, and actually owns its own tire molds, hood molds, and many other of its own manufacturing aids. Tytan International Inc. has Exclusive Distribution Contracts with the Tractor Companies that produce the Tytan Brand tractors.

 

CEO of Tytan International, Inc., Mark Leonard, has made his company successful with products such as the 4N1 front loader and the Kingchipper that meet niche needs for small farmers. Mark is a hands on user and has been able to keep ahead of others by being closely in touch with his customers' needs. With prototypes being made and products being produced in China, he has been able to keep prices low and profits high. In the next 24 months, Tytan has plans to introduce a steady stream of new items that will all be submitted for patents in the U.S.

 

Tytan's growth plan is centered around offering not only top quality products at impressive pricing, but also in providing greater service to the end users than the competition. That is why the company has set up and operated a "showcase dealership" for four years which it plans to duplicate throughout the I-5 corridor and then move eastward across the country. Tytan's ability to be a direct importer, niche designer and its own retailer all in one provides profit levels that are far ahead of anyone else in the industry. Additionally, Tytan will be adding independent dealerships in areas outside of the planned company store locations.

 

INFINITY ENERGY RESOURCES INCORPORATED (OTC: IFNY)

"Up 18.63% 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.

 

EMAX HOLDINGS CORPORATION (OTC: EMXC)

"Up 66.67% in morning trading"

 

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

 

eMax Holdings Corporation (www.emaxcorp.com), recently renamed eMax Worldwide (www.emaxworldwide.com), is a diversified holding company investing in multimedia, entertainment, communication, broadcasting, technologies, real estate, energy and finance industries. You can reach eMax through there new toll free number which is 888-344-EMAX (3629).

 

EMXC News:

 

December 2 - eMax Worldwide, Inc. Releases Letter to Its Shareholders

 

EMAX Holdings Corp. (OTC: EMXC), recently renamed eMax Worldwide, Inc., ("eMax"), updates its shareholders on recent events.

 

"We are very excited about the future of eMax this next year due to all the growth activities we have been very involved with completing this year," stated Roxanna Weber, President of eMax Worldwide, Inc.

 

Recently, eMax Worldwide, Inc. has not been making many public statements of their activities due to the fact that they are currently working with NASDAQ and the SEC to put their company in full compliance, fully transparent and hopefully in the very near future moving off the NASDAQ Pink Sheets and trading on another larger stock exchange board. Last month, eMax filed a large compliance document to NASDAQ and currently they are awaiting the approval for their new stock symbol and trading date for the company's new symbol since the company has been restructured recently. eMax Worldwide is also currently preparing for a very large and swift growth agenda that their Board of Directors has put in place for the company and their corporate holdings.

 

eMax Worldwide has recently hired a SEC attorney to help them with all their corporate filings to the SEC and currently is in the process of engaging an SEC auditing firm

 

As eMax continues to update their corporate filings and finish their audits shareholders will be able to find all the materials at their corporate website as they are filed with the respective agencies. This year a lot of regulation requirements has changed by the new President's Administration, and for the better. However, the additional request of information on publicly trading companies has now caused companies a little longer time frame to complete name changes, mergers and acquisitions and or capital restructuring. At the eMax website, you will find links to the important forms and listing requirement files which the corporation has to work within the guidelines; and you can read on your own the new guidelines that eMax and you as a shareholder in the OTCBB companies has to work within currently at www.finra.org.

 

We at eMax must have the final approval of NASDAQ and the ticker symbol effective date so we can finish issuing the last of four dividends that our company currently owes to our shareholders.

 

Also at this time, eMax is working on the following matters:

 

1. eMax is scheduling a shareholder meeting for the last weekend in February next year in Panama City Beach, Florida.

 

2. eMax is currently preparing the completion of corporate audits for the company.

 

3. eMax is preparing a disclosure information statement that is filed with FINRA, which will help us to complete to get into complete compliance with the Securities and Exchange Commission.

 

4. eMax is preparing to spin out EMAX Media Group and issuing a new stock dividend to our shareholders. Shareholders dividends in the previous companies, Freedom Entertainment and EntertainMax Worldwide, will be allowed to be exchanged into EMAX Media Group at that time and those shares will also be registered as freely trading shares.

 

5. eMax is currently in the pre-production stages of numerous music and Television projects and will be announcing the events in the very near future.

 

6. eMax has recently invested partly in the Real Estate construction company, named Washington Realty Corporation and that company specializes in concrete installation and finishing services.

 

7. eMax has recently moved its operating headquarters to Washington County, Florida. The Real Estate opportunities that are available in the county are like no other areas eMax has seen for a long time and it is attributed to the following reasons: a) There is a new international airport being built and will be opening spring of next year. 2) Washington County also has a great Technological Vocational School and 3) a slate of county officials that are very proactive in the community to help companies like eMax grow and succeed.

 

We are living in very uncertain times like a lot of people have never seen in the past. eMax is still very committed to invest in and increase business in the areas that are needed desperately today such as clean family media, entertainment and communications, innovative and economical new technologies, and affordable housing and other real estate development needs.

 

SIERRA GOLD CORPORATION (OTC: SGCP)

"Up 18.46% in morning trading"

 

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

 

Sierra Gold is engaged in the exploration and development of gold and diamond properties in West Africa. The Birimian greenstone belt of West Africa has had a long history of gold mining and prospecting. The region has been one of the fastest growing gold producing areas worldwide.

 

SGCP News:

 

October 6 - Sierra Gold Corporation Positioned to Increase Gold Production Tenfold With Arrival of New Processing Plants

 

Sierra Gold Corporation (OTC: SGCP) announced that the two new 10-ton, state-of-the-art, gold processing plants arrived in Sierra Leone last week. These plants will enable the company to process up to 20 tons per hour and boast a 95-98 percent recovery rate. This technology offers an environmentally friendly process with no chemicals and reduced water use. Given their portability, these units can be moved easily to locations deemed appropriate for greater gold recovery. Later this fall the company will now have the ability to speed up production by a factor of 10 times or more. In contrast to the 1-2 kilos of gold that Sierra Gold produced per month using local methods, the new gold plants will have the capacity to produce 20 kilos per month. Our figures are based on 8 hours per day with a past recovery rate of 4.5 grams of gold per ton. The plans are to operate 300 days per year.

 

In the area of communication, we launched a new website recently as a first step to keep our shareholders better informed. The next step is the appointment of John Semachko Jr. as Vice President of Sierra Gold Corporation. Mr. Semachko's primary role will be in investor relations. He brings over 25 years of business ownership and management experience with a track record of success.

 

Doug Evans, CEO of Sierra Gold, commented: ``The company is looking forward to moving into the next stage of development with the addition of new state-of-the-art equipment. This is a giant step forward from our present local methods of processing gold. We are also excited to bring on a new highly qualified member, Mr. Semachko, to our team. Our goal is continue to improve the investors' ability to access updated information from the company.''

 

MEDCLEAN TECHNOLOGIES INCORPORATED (OTCBB: MCLN)

"Up 10.43% in morning trading"

 

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

 

MedClean Technologies Inc. (MCLN), formerly Aduromed Industries Inc., provides solutions for managing medical waste onsite, including designing, selling, installing and servicing on site (in-situ) turnkey systems to treat regulated medical waste. The Company provides these systems to hospitals and other medical facilities as efficient, safe, cost effective and legally compliant solutions to incineration, off site hauling of untreated waste and other alternative treatment technologies and methodologies. MCLN's principal products are the MedClean series systems. Also effective January 2, 2009, the Company merged its former wholly owned subsidiary, Aduromed Corporation (Aduromed), with and into the Company.

 

MCLN News:

 

December 2 - Department of Justice Demand for Open Playing Field for Medical Waste Likely to Help MedClean Technologies

 

BioMedReports.Com, the news portal which covers Wall Street's biomedical sector and delivers financial and investment intelligence to a community of highly informed investors, has issued a special report on MedClean Technologies (OTCBB: MCLN).

 

In breaking news that will likely impact the stock price of smaller medical waste companies, sector leader Stericycle, Inc. says it has agreed to a Department of Justice demand to sell off some of its medical waste collection businesses in four states to settle an antitrust lawsuit and finalize its $182.5 million acquisition of MedServe Inc.

 

The development will likely impact the financial outlook and prices of other smaller companies which have been fighting to compete for a bigger share of the multi-billion dollar medical waste sector.

 

BioMedReports readers were introduced this week to one such company, MedClean Technologies. MCLN shares currently trade at vastly undervalued levels — mostly due to their only recent arrival into the market. That company, in particular, appears poised to continue its own growth within the sector because it is one of the more well-equipped and organized companies to do so and biomedical investors appear to be taking note of it.

 

Unlike its competitors, MedClean provides on-site treatment solutions and fixed installations that fit within healthcare institutions' physical facilities whereas Stericycle, Medserve and others offer hospitals their service via a network of processing and collection sites.

 

Recently, President Barack Obama also made it clear that he would like to see hospitals and healthcare facilities in the U.S. become more "self-sufficient." He urged health industry leaders to find more ways for these facilities to function efficiently for prolonged periods without the need for outside services in the event of a national disaster or emergency situation. That news bodes well for MedClean as well.

 

The complete report is available now at BioMedReports.Com:

 

http://biomedreports.com/articles/most-popular/19994-dept-of-justice-forces-medical-waste-leader-to-open-up-playing-field.html.

 

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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 five thousand dollars from a third party for ECOB advertising and promotional services. 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 not been compensated for VGPR advertising and promotional services but OTCPicks principles purchased six hundred thousand free trading shares in the open market and have subsequently sold them. OTCPicks.com is being compensated via a services swap with QuoteMedia for QMCI advertising and promotional services. OTCPicks.com was compensated seventy five thousand free trading shares by at third party for SGCP advertising and promotional services and we have sold all shares. 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.