dallas tx 12/8/2009 2:34:15 AM
News / Business

GELV, LUXE, WWPW, BMGP, VGPR, LJPC, BRYN, LFBG, HESG, WDAS, CHTL OTCPicks.com Daily Market Movers Digest Midday Report for Monday, December 7th

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 Green Energy Live Inc. (OTCBB: GELV), Lux Energy Corp. (OTCBB: LUXE), Wind Works Power Corp. (OTCBB: WWPW), Biomagnetics Diagnostics Corp. (OTC: BMGP), Vega Promotional Systems Inc. (OTC: VGPR), La Jolla Pharmaceutical Co. (Nasdaq: LJPC), Bryn Resources Inc. (OTC: BRYN), Left Behind Games Inc. (OTCBB: LFBG), Health Sciences Group Inc. (OTC: HESG), World Assurance Group Inc. (OTC: WDAS) and ChinaTel Group Inc. (OTCBB: CHTL).

 

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

 

GREEN ENERGY LIVE INCORPORATED (OTCBB: GELV)

"Up 65.00% in morning trading"

 

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

 

Company Profile: http://www.otcpicks.com/green-energy-live.htm 

 

Green Energy Live Inc. is engaged in developing sustainable biomass-to-energy conversion technology to meet a critical need for the nation's $154 billion livestock industry. The company plans to use its proprietary gasification technology for the development of highly innovative, on-site manure-to-electricity conversion systems to enable livestock farmers and ranchers to convert their animal waste into clean, renewable energy.

 

GELV News:

 

December 7 - Green Energy Live Reports on Ongoing Revenue, Distribution Channel, and Customer Contacts Provided by New Subsidiary Business

 

Green Energy Live Inc. (OTCBB: GELV), a growing clean energy company engaged in developing sustainable biomass-to-energy conversion solutions for the U.S. livestock industry, reports that its acquisition of Comanche Livestock Exchange ("Comanche") has significantly enhanced the company's strategic and financial position. Comanche, which is now a wholly-owned subsidiary of Green Energy Live, provides ongoing revenue, livestock industry expertise, an established distribution channel and contacts with potential customers, improving Green Energy Live's ability to develop and sell manure-to-energy conversion systems.

 

Green Energy Live subsidiary Comanche is a leanly operated, profitable and growing business that provides ongoing revenue to support company growth and technology development. Comanche has a proven track record of success as a provider of live animal auction and livestock hauling services. In business since 1949, Comanche has an extensive network of livestock industry contacts, existing farm and ranch customers and deep industry expertise. Comanche's management is contracted to stay in place for a minimum of two years. Its established sales and management teams will provide a strategic sales channel for Green Energy Live's manure-to-energy conversion systems.

 

Green Energy Live plans to use its proprietary gasification technology to develop self contained, small footprint, renewable energy gasification systems to enable livestock operators to convert animal waste into clean energy. The company is focused on innovative biowaste conversion technologies that process methane gas from the manure of cows, pigs, turkeys, chickens and convert it into electricity to supply the farm's power requirements and generate revenue selling surplus power back to local utilities.

 

Karen Clark, President/CEO of Green Energy Live, commented: "Green Energy Live's acquisition of Comanche Livestock Exchange is a strategic move that strengthens our operational and financial foundations and positions us for sustained growth. Comanche's existing relationships and excellent reputation give us a firm foothold in the industry as well as an established distribution channel for our manure-to-energy conversion technology. We look forward to building on this synergistic relationship for the benefit of shareholders."

 

LUX ENERGY CORPORATION (OTCBB: LUXE)

 

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

 

Company Profile: http://www.otcpicks.com/lux-energy-corp/lux-energy-corp.htm

 

Lux Energy Corp. is an oil and gas production and exploration company focusing on developing oil and gas resources in North America. Further information and news releases are available at www.luxenergycorp.com.

 

LUXE News:

 

December 1 - Lux Energy Updates Shareholders on Pending Stock Split

 

Lux Energy Corp. (OTCBB: LUXE), an oil and gas production and exploration company, updated shareholders on its pending 3 for 1 stock split.

 

The Company is waiting for confirmation from regulators of the effective date of its 3 for 1 forward stock split. It is anticipated that this should occur in the next couple of days. Once Lux Energy receives such confirmation the Company will further update shareholders.

 

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.

 

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 4 - Biomagnetics Diagnostics Provides Recap of Investor Conference Call Discussing Agreement with Los Alamos National Security

 

Biomagnetics Diagnostics Corp. (OTC: BMGP), a developer of revolutionary diagnostic systems and technology for HIV, hepatitis, tuberculosis and malaria detection, provides the following recap of yesterday's investor conference call, which discussed the Company’s acquisition of intellectual property rights from Los Alamos National Security and how the Company plans to utilize this intellectual property for the development of a revolutionary, handheld integrated optical biosensor capable of highly accurate and rapid HIV/AIDS, malaria, tuberculosis, and other pathogen detection and disease diagnosis.

 

Management believes BMGP shares are significantly undervalued considering the very low current total market capitalization of only approximately $13.5 million, the small number of total outstanding shares, and the small public float. Management believes considerable opportunities are currently available for meaningful shareholder value creation.

 

The Company recently announced on November 30th that it had a 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. The agreement was recently enhanced to include the intellectual property for “Quantitative Multiplex Detection of Pathogen Biomarkers,” which was recently protected through a U.S. patent application filed during October 2009.

 

When utilized with the Integrated Optical Biosensor System (IBOS) licensed by the Company from Los Alamos National Security, this new technology is capable of detecting multiple pathogens from a single blood sample. Importantly, Biomagnetics Diagnostics plans to integrate these technologies into a handheld blood diagnostic device that can be utilized by relatively unskilled personnel to screen potential blood donors for various pathogens at the point of collection.

 

A replay of the conference call will be available for approximately seven days and can be accessed by dialing (800) 642-1687 and entering pass code 45166038.

 

The conference call discussed the following areas:

 

* Background on Biomagnetics Diagnostics Corporation

* Framework of the intellectual property agreement with Los Alamos National Security and the recent enhancements

* Methodologies for protection of this intellectual property

* Development of a multiple test platform targeted at the blood bank market

* Size and operation of the markets for malaria and tuberculosis diagnosis

* Testing cost parameters outlining the extremely low cost per test inherent to the IOBS platform and the effect on probable corporate margins

* Discussion of the strength of the balance sheet, which includes relatively high cash balances and low levels of debt

* Management plans for trials in India, Kenya, and China

* Timeframe for Product Availability - Single test system currently ready for engineering and manufacture with multi-test system likely available in six to nine months.

 

December 3 - Biomagnetics Diagnostics Enhances Intellectual Property Package from Los Alamos National Security Targeting Multi-Test Blood Bank Screening Biosensor

 

Biomagnetics Diagnostics Corp. (OTC: BMGP), a developer of revolutionary diagnostic systems and technology for HIV, hepatitis, tuberculosis and malaria detection, announced it has acquired additional intellectual property rights from Los Alamos National Security. The Company intends to utilize this intellectual property for the development of a revolutionary integrated optical biosensor capable of screening blood donors for HIV/AIDS, hepatitis and tuberculosis in a single test at the point of collection.

 

The technology, originally developed at Los Alamos National Laboratory is for the “Quantitative Multiplex Detection of Pathogen Biomarkers” and is protected through a U.S. patent application filed in October 2009. When utilized with the Integrated Optical Biosensor System (IBOS) licensed by the Company from Los Alamos National Security, this technology is capable of detecting multiple pathogens from a single blood sample. Importantly, Biomagnetics Diagnostics plans to integrate these technologies into a handheld blood diagnostic device that can be utilized by relatively unskilled personnel to screen potential blood donors for various pathogens at the point of collection.

 

“While we will initially be targeting the lucrative single test markets for malaria and both human and bovine tuberculosis, we believe a much more extensive market exists for a fast, easy to use, handheld diagnostic device that blood banks can use to screen potential donors prior to collection,” commented Clayton Hardman, CEO of Biomagnetics Diagnostics. “Screening for pathogens is one of the biggest costs for all blood banks and considering the vast majority of blood banks worldwide operate at a significant loss, we believe there will be significant interest in this revolutionary technology. We believe we will be able to bring this technology to market relatively quickly as all of the technological pieces already exist. We all are already working with one of the leading technology instrument and product development firms in Silicon Valley on the production specifications. Additionally, we have signed a contract with Los Alamos National Security that allows us access to some of the top scientists in the world who will assist us in our final product development. It is clearly an exciting time for all of us at Biomagnetics Diagnostics as we continue to enhance shareholder value and work toward bringing these revolutionary diagnostic devices to market. Please join us later today on our conference call as we discuss our plans.”

 

The 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.

 

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:

 

December 3 - Vega Announces Agreement to Build Biomass Production Facility in Brazil

 

Vega Promotional Systems, Inc. (OTC: VGPR) announced that it has entered into a Joint Venture Agreement to build a biomass production facility in the South American country of Brazil. The name of the venture is Biomass of the Americas, LTD.

 

The Joint Venture Project will utilize special alternative energy technology called torrefaction. Torrefaction converts most forms of biomass waste into thermally treated biomass powder that is then turned into bio-coal briquettes for shipment to the end user.

 

There is a tremendous demand from European and American pulverized coal plants capable of burning bio-coal as a green fuel to meet carbon cap and trade regulations and renewable portfolio standards for power generation.

 

Bio-coal has a high energy density of over 10,000 BTU's per pound and is considered a renewable energy fuel that meets the Renewable Portfolio Standards and renewable energy credits in the United States. The retail price of the bio-coal in the United States is between $135 and $145 per metric ton. In Europe, the price is approximately $100 per metric ton higher than the price in the United States.

 

The cost to build the Brazil facility will be approximately $11 million (USD). When completed, the facility will generate approximately $7 million in annual revenue. The Company's plan is to begin construction during the first quarter of 2010.

 

Biomass of the Americas, LTD plans to expand into other South American countries once the Brazil plant is operational.

 

The Company will provide additional details concerning the site of the facility in Brazil as soon as lease negotiations are completed.

 

LA JOLLA PHARMACEUTICAL COMPANY (NASDAQ: LJPC)

"Up 139.10% in morning trading"

 

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

 

La Jolla Pharmaceutical Company is dedicated to improving and preserving human life by developing innovative pharmaceutical products. The Company's leading product in development is Riquent®, which is designed to treat lupus renal disease by preventing or delaying renal flares. Lupus renal disease is a leading cause of sickness and death in patients with lupus. The Company has also developed potential small molecule drug candidates to treat various other autoimmune and inflammatory conditions.

 

LJPC News:

 

December 7 - Adamis Pharmaceuticals Announces Signing of Definitive Merger Agreement

 

Adamis Pharmaceuticals Corporation (OTCBB: ADMP), announced that it has entered into a definitive merger agreement providing for the acquisition of La Jolla Pharmaceutical Company (Nasdaq: LJPC) by Adamis. The transaction was unanimously approved by the boards of directors of both companies and is anticipated to close by the end of the first calendar quarter of 2010 or as soon thereafter as possible. Completion of the transaction is subject to a number of customary closing conditions, including the effectiveness of a registration statement to be filed with the Securities and Exchange Commission relating to the transaction, and approval of Adamis’ and La Jolla’s respective stockholders at stockholder meetings following distribution of a definitive joint proxy statement. After completion of the merger, the combined company expects to trade under the name “Adamis Pharmaceuticals Corporation”.

 

Adamis’ chief executive officer, Dr. Dennis J. Carlo, will become the chief executive officer of the combined company. Dr. Carlo is a veteran of the pharmaceutical and biotechnology industry. He previously served as CEO of publicly-traded Immune Response Corporation, Vice President of Research and Development and Therapeutic manufacturing of Hybritech Inc. prior to its acquisition by Eli Lilly & Co., and Director of Bacterial Vaccines and Immunology at Merck & Company. Dr. Carlo stated, “This merger is a strategic move to raise additional capital for the purpose of increasing the marketing and sales efforts of our Epinephrine Injection USP 1:1000 (0.3mg Pre-Filled Single Dose Syringe) product that we recently launched. In addition, we believe that La Jolla has over ten thousand stockholders and we look forward to them joining the Adamis stockholder base.” Based on its most recent quarterly report filed with the Securities and Exchange Commission, at September 30, 2009, La Jolla had cash and cash equivalents of approximately $5.8 million and liabilities of approximately $1.0 million. La Jolla anticipates that there will be $2.5 million to $3.0 million net cash left in the company at the time of the merger.

 

Dr. Deirdre Y. Gillespie, La Jolla’s CEO, stated, “The merger of La Jolla and Adamis will create a new specialty pharmaceutical company focused on the development and commercialization of therapeutic products for a variety of viral diseases, including hepatitis and influenza. We like the fact that in addition to the prefilled epinephrine syringe, Adamis has a pipeline including products for allergic rhinitis, asthma, and chronic obstructive pulmonary disease. We think Adamis is very unique in that it already has a product on the market and is expected to be profitable in the near-term.”

 

At the effective time of the merger, each outstanding share of Adamis common stock will be converted into the right to receive one (post-reverse stock split) share of La Jolla common stock. Adamis currently has approximately 46 million outstanding shares of common stock, excluding options, warrants and convertible securities. If the transaction is approved by the stockholders, immediately before the closing of the merger La Jolla will implement a reverse stock split; the precise ratio of the reverse stock split will be determined in accordance with the terms of the merger agreement and is dependent on La Jolla’s net cash at closing (reduced by the amount of La Jolla’s liabilities as of the closing date) and Adamis’ stock price over a period before the closing date subject to a variable discount (which in no event will yield a stock price that is less than $0.20 or greater than $1.50).

 

The percentage ownership of shares after the merger that will be held by persons who were La Jolla stockholders and Adamis stockholders, respectively, will depend on many factors, including without limitation the reverse stock split ratio for the La Jolla shares, the number of outstanding Adamis shares at the closing date of the merger and other factors. However, Adamis expects that after the closing of the merger, the persons who were La Jolla stockholders before the merger could hold approximately 5% - 30% of the outstanding shares of the combined company. Actual ownership percentages could be higher or lower than these estimates.

 

The merger agreement contains customary non-solicitation provisions restricting La Jolla’s and Adamis’ rights to negotiate or enter into other acquisition or sale transactions before the closing of the merger, subject to limited exceptions. The merger agreement also contains a number of customary representations, warranties and covenants of both parties. The merger agreement contains certain termination rights for both La Jolla and Adamis upon the occurrence of certain events, and further provides that upon termination of the merger agreement under specified circumstances, either party may be required to pay the other party a termination fee. The merger is intended to qualify for federal income tax purposes as a tax-free reorganization under the provisions of Section 368(a) of the U.S. Internal Revenue Code of 1986, as amended.

 

ABOUT ADAMIS PHARMACEUTICALS

 

Adamis Pharmaceuticals has two wholly owned subsidiaries, Adamis Laboratories and Adamis Viral Therapies. Adamis Labs expects to launch a series of niche prescription products in the allergy and respiratory therapeutic area, beginning with the Epinephrine Injection USP 1:1000 (0.3mg Pre-Filled Single Dose Syringe) product. Adamis Viral Therapies is focused on the development of patented, proprietary vaccine technology that Adamis believes may have the capability of generating a broad-based immunity for both B Cells (antibody) and T cells (cell mediated immunity). If successful, Adamis’ technology could lead to the development of new vaccines against a multitude of viruses, including chronic hepatitis and all forms of influenza. Shoreline Pacific has acted in an advisory role to Adamis during this transaction.

 

BRYN RESOURCES INCORPORATED (OTC: BRYN)

"Up 71.82% in morning trading"

 

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

 

BRYN Resources Inc. is focused primarily on exploration and development of mineral resources and is currently arranging for the necessary capital to provide for the expenditures of surface sampling, assay work, IP work and further exploration requirements to define potential drill targets on the 1,980 acres of the Pequop Gold, Golden Eagle, Ace and Ore Claims this summer. The company is also proceeding to acquire additional claims with the JV exploration partner in this high value gold target area on a continuing basis.

 

BRYN News:

 

December 7 - Bryn Resources Inc. Comments on Recent Movement on their Stock Price

 

Bryn Resources Inc. (OTC: BRYN) has been fielding a number of calls from investors in regards to the stock price of the company.

 

The stock has moved up over 600% this month. However the share price had climbed much higher as little as a week ago.

 

Bryn Resources can only hypothesize that the stock price has come down from profit taking. Bryn Resources is continuing with their acquisition program. There are several developments which are anticipated.

 

Management is committed to building value. Shareholders can expect news on drill results on our Cayenne JV, a new JV with a Canadian mining company listed on the CNSX, and the closing of our funding.

 

Beyond the share reduction, Bryn Resources is also considering a dual listing in Canada as a further way to combat shorts. The share reduction and the dual listing plus the anticipated results should force market makers who short the stock to cover.

 

LEFT BEHIND GAMES INCORPORATED (OTCBB: LFBG)

"Up 11.84% in morning trading"

 

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

 

Left Behind Games, Inc. engages in the development, publishing, and distribution of video games and related products in the United States. The company develops its video game products based on the Left Behind series of novels and products. Its primary product includes LEFT BEHIND: Eternal Forces, a real time strategy game played by one person or online by up to eight players on personal computers. The company sells its products through a direct-to-store distribution channel or through distributors to Christian booksellers association and inspirational marketplaces. It markets its products in North America, Australia, Canada, Singapore, and South Africa. Left Behind Games, Inc. was founded in 2002 and is based in Murrieta, California.

 

LFBG News:

 

December 4 - Left Behind Games Reordered by National Distributor: Marketing to Target and Walmart Stores

 

Left Behind Games Inc. (OTCBB: LFBG), dba Inspired Media Entertainment, a leading publisher of Christian video games, announced that their national distributor, Jack of All Games, has reordered 50% of the original inventory of their games to fill additional orders from both Target and Walmart Stores (NYSE: WMT). These reorders were placed with the expectation that additional inventory would be needed following the biggest shopping day of the year, "Black Friday."

 

Troy Lyndon, CEO, says, "With the potential for games to be sold during the holiday season, we believe sales will exceed our original estimates."

 

Christian products have gained popular acceptance in the music and book sections of retailers over recent years. For many years, major chain stores have sold gospel music and both fictional and non-fictional Christian books, including the well-known Left Behind book series which has sold more than 65 million copies. Yet, there are few, if any, moral or Bible-based video game choices for youth and adults alike.

 

Inspired Media Entertainment currently publishes six games including Tribulation Forces, the sequel to the original game, LEFT BEHIND: Eternal Forces, known as the most widely distributed Christian PC game in history. The Company's LEFT BEHIND branded games are based upon the popular novel series by Tim LaHaye and Jerry Jenkins which have sold millions of books in 30 languages worldwide. Inspired Media also offers three games under the Charlie Church Mouse brand, for ages 2-8 and Keys of the Kingdom for all ages.

 

The games are priced at $29.96 & $19.96 and are located among PC games in the stores Entertainment departments.

 

HEALTH SCIENCES GROUP INCORPORATED (OTC: HESG)

"Up 30.00% in morning trading"

 

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

 

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

 

HESG News:

 

December 4 - Health Sciences Group in Negotiations to Joint Venture and Acquire Two Montana Marijuana Growers and Caregivers Companies

 

Health Sciences Group, Inc. (OTC: HESG) would like to announce that it is in strong negotiations to acquire a minority stake in two separate Montana-based marijuana growing, distribution and care giving operations.

 

"This is part of our strategy, acquiring existing operations as well as starting new operations. We feel that the profits in Medical Marijuana are in growing and transportation of marijuana," states Thomas Gaffney, CEO of Health Sciences Group.

 

Gaffney continues, "We are still working with Medical Marijuana, Inc. on doing business in California and we are also exploring operation businesses in Colorado."

 

The deals would more or less be partnerships. HESG would fund the operations for expansion and growth of the existing business. The negotiations are moving quickly and we expect them to close no later than the end of December 2009 or the first of the year.

 

"With these acquisitions, HESG would be the first public company with actual operation of a Medical Marijuana business," states Gaffney. "Once the preliminary documents are decided and signed we will announce the names; until then we are keeping the names of the Companies under wraps. The public can expect the names of the companies to be exposed by the middle of next week."

 

In the State of Montana you must be licensed as an actual caregiver to grow marijuana. Combined, each of these operations have approximately 100 patients combined.

 

Below is a portion of the Montana medical Marijuana Act.

 

WORLD ASSURANCE GROUP INCORPORATED (OTC: WDAS)

"Up 28.00% in morning trading"

 

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

 

World Assurance Group, through its wholly owned subsidiary Anav Holdings Corporation, intends to participate in all areas of real estate transactions, including direct ownership, co-investment with other institutions or developers, as well as indirect participation through the acquisition of distressed debt and/or non-performing loans with the eventual goal of control of the underlying assets.

 

WDAS News:

 

November 18 - World Assurance Group Subsidiary Anav Holdings Corporation to Seek Growth at the Infrastructure Asia Conference & Exhibition 2010

 

UNESCAP Estimates Annual Infrastructure Overhaul of Asia in Excess of US$600 Billion

 

World Assurance Group (OTC: WDAS) announced that its subsidiary Anav Holdings Corporation intends to pursue growth in Central, South and Latin Americas, Mexico, Africa, Middle East region and in the Asia-Pacific region particularly in Indonesia.

 

The "Infrastructure Asia Conference & Exhibition 2010" (IA 2010), will be held directly alongside and in conjunction with the UNESCAP "Asia Pacific Ministerial Conference for Infrastructure Development" (UNESCAP 2010) to be hosted by the Indonesian Government in Jakarta, April 14-17, 2010.

 

WDAS intends to attend the events which will be attended by official delegations from the country members of UNESCAP. Among the invitees are Ministers from each Asia Pacific country (including Russia), joined by over 500 senior infrastructure procurement officers and 7000 buyers from the region.

 

The importance of sustainable infrastructure for Asia has never been more important than today, as governments throughout Asia look to large scale infrastructure projects to deliver lasting development solutions for their countries' future growth. The success of the upcoming UNESCAP 2010 ultimately rests on the collaborations that can be achieved between public and private sector in attendance.

 

For WDAS, the timing and opportunity couldn't be better for promoting US - European industry as well. Over 30,000 sq ft will be available to the private sector within the exhibition with over 1,500 senior government and business leaders expected to attend the conference where the topic of discussion among the Ministers will be the UNESCAP estimates of a required annual infrastructure overhaul of Asia in excess of US$600 billion. As Indonesia has one of the largest populations it is a perfect platform for WDAS to promote itself and products throughout Asia.

 

Jonathan B. Morgan, the president of WDAS, stated, "Economic growth in the emerging markets may truly help fuel gains; there is quite a good likelihood of continuing growth for several years. WDAS intends to invest and bring products from North America and Europe to meet any need. It is critical for WDAS to participate in the growing emerging markets in order to establish itself as a global player in sustainable building products."

 

CHINATEL GROUP INCORPORATED (OTCBB: CHTL)

"Up 20.52% in morning trading"

 

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

 

China Tel Group, Inc. (ChinaTel), through its controlled subsidiaries, provides fixed line telephone, conventional long distance, high speed wireless broadband and telecommunications infrastructure engineering and construction services. ChinaTel is presently building, deploying and operating wireless broadband telecommunications networks in Asia and South America: (I) a 3.5GHz wireless broadband telecommunications network in 29 cities across the People’s Republic of China (PRC) with and for CECT-Chinacomm Communications Co., Ltd., a PRC company that holds a license to build the high speed wireless broadband telecommunications network throughout the PRC; and (II) a 2.5GHz wireless broadband telecommunications network in cities across Peru with and for Perusat, S.A., a Peruvian company that holds a license to build a high speed wireless broadband telecommunications network throughout Peru. ChinaTel’s vision remains clear: (i) to acquire, build, deploy and operate high speed wireless broadband telecommunications networks in key markets throughout the world; (ii) to deliver a new world of wireless communications applications; and (iii) to invest in building long-lasting relationships with customers and partners to lead the broadband industry in customer service and responsiveness. ChinaTel’s strategy is to build leading-edge IP-leveraged solutions advanced by its worldwide infrastructure and leadership in emerging markets.

 

CHTL News:

 

November 10 - ChinaTel Group's Infrastructure Growth Expanded by Chinese Government's Selection of CECT - Chinacomm Communications to Provide Surveillance Services Using the Wireless Broadband Network ChinaTel is Deploying for Chinacomm

 

ChinaTel Group, Inc. (OTCBB: CHTL) (ChinaTel), a leader in high speed wireless broadband and telecommunications infrastructure engineering and construction services, announced that the company's planned infrastructure growth in the People's Republic of China (PRC) has increased significantly. The PRC's Public Security Ministry has chosen CECT - Chinacomm Communications Co., Ltd. (Chinacomm) to provide national security surveillance services using the state of the art wireless broadband network ChinaTel is currently deploying for Chinacomm. ChinaTel, indirectly through its contractual relationships with Chinacomm, has the right to deploy and operate a wireless broadband telecommunications network in 29 PRC cities (Chinacomm Network).

 

George Alvarez, CEO of ChinaTel, stated, "As we continue to deploy the Chinacomm Network and work with various ministries within the PRC, it has become apparent that our track record of successfully delivering state of the art software and hardware solutions has justified our reputation as a top tier wireless broadband telecommunications company sought after by major segments of the Chinese Government."

 

Colin Tay, the President of ChinaTel, also commented, "Our relationships in China have enabled us to expand our wireless network to reach segments of the consumer, enterprise and government markets that a few years ago were beyond reach. We are extremely proud of our team and their accomplishments in China in order to become a 'best of class' provider of wireless broadband telecommunication services, and to be recognized by the Chinese Government as a preferred provider of these services."

 

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