MBHIP, PMDP, IFNY, VKNG, TYTN, EMXC OTCPicks.com Stocks to Watch for Friday, December 4th

Our Stocks to Watch tomorrow include Midwest Banc Holdings Inc. (Nasdaq: MBHIP), Plateau Mineral Development Inc. (OTC: PMDP), Infinity Energy Resources Inc. (OTC: IFNY), Viking Systems Inc. (OTCBB: VKNG), Tytan Holdings Inc. (OTC: TYTN) and EMAX Holdings Corp. (OTC: EMXC).

MIDWEST BANC HOLDINGS INCORPORATED (NASDAQ: MBHIP)

"Up 168.66% on Thursday"

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

Midwest Banc Holdings is a half-century old community bank with $3.5 billion in assets as of September 30, 2009. The company has two principal operating subsidiaries; Midwest Bank and Trust Company and Midwest Financial and Investment Services, Inc. Midwest Bank has 26 locations serving the diverse needs of both urban and suburban Chicagoland businesses and consumers through its Commercial Banking, Wealth Management, Corporate Trust and Retail Banking areas.

MBHIP News:

December 3 - Midwest Banc Holdings, Inc. Announces Commencement of Exchange Offer for its Outstanding Depositary Shares

Midwest Banc Holdings, Inc. (Nasdaq: MBHI) (the “Company”), the holding company for Midwest Bank and Trust Company (the “Bank”), announced that in connection with its previously announced Capital Plan, it was commencing an offer to exchange newly issued shares of its Common Stock for any and all outstanding Depositary Shares, $25.00 liquidation amount per share (the “Depositary Shares”), each representing a 1/100th fractional interest in a share of the Company’s Series A Noncumulative Redeemable Convertible Perpetual Preferred Stock (the “Series A Preferred Stock”), on the terms and subject to the conditions set forth in the preliminary prospectus (the “Prospectus”) and in the related letter of transmittal (the “Letter of Transmittal”), included in the Company’s registration statement on Form S-4, as amended, filed with the Securities and Exchange Commission, each as amended or supplemented prior to the expiration date of the Exchange Offer (the “Exchange Offer”).

For each Depositary Share the Company accepts or exchanges in accordance with the terms of the Exchange Offer, it will issue a number of shares of its Common Stock (based on the Relevant Price) having a value equal to $2.80. The “Relevant Price” will be the greater of (i) the average volume weighted average price, or “Average VWAP” (as defined in the Prospectus) of the Company’s Common Stock during the five consecutive trading-day period ending on and including January 11, 2010, which is the second trading day immediately preceding the expiration date of the currently scheduled Exchange Offer period and (ii) the Minimum Share Price of $0.28 per share. The “Relevant Price” will be fixed at 4:30 p.m., New York City time, on the second trading day immediately preceding the expiration date of the Exchange Offer (which the Company currently expects to be January 13, 2010, unless the Exchange Offer is extended) and will be announced prior to 9:00 a.m., New York City time, on the immediately succeeding business day (which the Company currently expects to be January 14, 2010, unless the Exchange Offer is extended). Depending on the trading price of the Company’s Common Stock compared to the Relevant Price, the market value of the Common Stock the Company issues in exchange for each Depositary Share the Company accepts or exchanges may be less than, equal to or greater than the $2.80 value referred to above. The Company refers to the number of shares of Common Stock it will issue for each Depositary Share it accepts in the Exchange Offer as the “exchange ratio,” and it will round the exchange ratio to four decimal places. As a result of the Minimum Share Price limitation, the maximum number of shares of Common Stock the Company may issue under the Exchange Offer per Depositary Share is ten. The Company is not offering any consideration with respect to undeclared dividends on the Depositary Shares tendered and accepted for exchange in the Exchange Offer.

The Exchange Offer will expire at 5:00 p.m., New York City time, on January 13, 2010 (unless the Company extends it or terminates it early). Shareholders may withdraw any Depositary Shares that they previously tendered in the Exchange Offer at any time prior to the time it expires.

The Company’s obligation to exchange Common Stock for Depositary Shares in the Exchange Offer is subject to a number of conditions that must be satisfied or waived by it, including, among others, that there has been no change or development that in the Company’s reasonable judgment may materially reduce the anticipated benefits to it of the Exchange Offer or that has had, or could reasonably be expected to have, a material adverse effect on the Company, its businesses, condition (financial or otherwise) or prospects. The Company’s obligation to exchange is not subject to any minimum tender condition.

In connection with the Exchange Offer, the Company will file two definitive proxy statements with the SEC, updating preliminary versions previously filed with the SEC. One definitive proxy statement is seeking approval of the holders of the Company’s Depositary Shares to, among other things, amend the Company’s Certificate of Incorporation and the certificate of designation of the Series A Preferred Stock to modify the rights of the holders of the Series A Preferred Stock. The record date for holders of the Depositary Shares entitled to instruct the Depositary how to vote on these matters was November 27, 2009.

The other definitive proxy statement is seeking approval of the holders of the Company’s Common Stock to, among other things, amend the Company’s Certificate of Incorporation to increase the number of authorized shares of the Company’s Common Stock, authorize the Board of Directors, pursuant to its discretion, to execute a reverse stock split of the Company’s Common Stock, and approve certain of the matters related to the Series A Preferred Stock described above. The record date for the holders of Common Stock entitled to vote on these matters will be on or after the settlement date of the Exchange Offer, which is currently expected to be January 15, 2010.

"Since we announced our Capital Plan in July, our management team has been working diligently to address all components of the plan and we are making progress,” said Roberto R. Herencia, chief executive officer. “In October, we announced that we had entered into a Forbearance Agreement with our lender through March 31, 2010. We believe that the Forbearance Agreement will provide our Company sufficient time to complete all major elements of the Capital Plan. In addition, we have been in advanced discussions with the U.S. Treasury regarding the terms of a proposed transaction pursuant to which the U.S. Treasury would exchange outstanding shares of our Series T Preferred Stock. Although the U.S. Treasury has delivered to us a letter expressing its willingness to consent to such a transaction, the definitive terms of such a transaction with the U.S. Treasury have not yet been finalized. Finally, we have received non-binding indications of interest from potential investors to invest additional equity capital in our Company, in each case up to $190 million or more. The success of each of these components and the overall Capital Plan is highly dependent on the success of the Series A Exchange."

The Company has filed a registration statement (including the Prospectus and related exchange offer materials) with the SEC for the Exchange Offer to which this communication relates. This registration statement has not yet become effective. Before you decide whether to tender into the Exchange Offer, you should read the Prospectus in that registration statement and other documents the Company has filed with the SEC for more complete information about the Company and the Exchange Offer. You may obtain these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. The complete terms and conditions of the Exchange Offer are set forth in the Prospectus and the related Letter of Transmittal, copies of which will be available at www.morrowco.com/midwest.htm and from Morrow & Co., LLC, the information agent, at (800) 483-1314 or, for banks and brokerage firms, at (203) 658-9400.

This press release is not an offer to sell or purchase or an offer to exchange or a solicitation of acceptance of an offer to sell or purchase or offer to exchange, which may be made only pursuant to the terms of the Prospectus and related Letter of Transmittal, as applicable.

PLATEAU MINERAL DEVELOPMENT INCORPORATED (OTC: PMDP)

"Up 42.86% on Thursday"

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

Plateau Mineral Development, Inc. specializes in the exploration and development of energy sources. Its partner, Plateau Mineral Development LLC, has been in existence for over five years with successful new wells and rework wells selling both gas and oil.

PMDP News:

December 3 - Plateau Mineral Development, Inc. Announces Positive Results of Environmental Testing

Plateau Mineral Development, Inc. (OTC: PMDP), along with its partner, Plateau Mineral Development LLC, announced that its partner in environmental programs, Environmental Solutions, LLC (EnSol) has successfully completed its report based on the environmental laboratory testing done over the summer months at the EnSol lab. The results show reductions in dissolved nitrogen and greatly improved results in dissolved oxygen in the water. The test results were obtained via natural processes that represent no environmental threat in and of themselves.

The test was facilitated by Aubrey C. Williams Jr., PhD. Dr. Williams currently serves as an Assistant Professor at Southern University in Baton Rouge, Louisiana and is a member of the Louisiana Academy of Science. He has given a series of presentations on various environmental topics, and has received a Department of Energy fellowship award for his master graduate research.

Dr. Williams states, "We are pleased with the results of the environmental testing. We have demonstrated reductions in polluted water totaling more than 90%. The water needs to be cleaned up before it is re-introduced into the St. John's river, and then into the lakes and oceans. We are proud to take part in cleaning up one of the earth's greatest natural resources."

INFINITY ENERGY RESOURCES INCORPORATED (OTC: IFNY)

"Up 63.73% on Thursday"

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.

VIKING SYSTEMS INCORPORATED (OTCBB: VKNG)

"Up 51.61% on Thursday"

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

Viking Systems, Inc. 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 60.00% on Thursday"

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.

EMAX HOLDINGS CORPORATION (OTC: EMXC)

"Up 16.67% on Thursday"

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.

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