Dallas Tx 12/11/2009 10:14:28 AM
News / Business

SNSS, WLSI, MEXP, RMDM, FFGO, AKNS OTCPicks.com Stocks to Watch for Friday, December 11th

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Our Stocks to Watch tomorrow include Sunesis Pharmaceuticals Inc. (Nasdaq: SNSS), Wellstar International Inc. (OTCBB: WLSI), Marine Exploration Inc. (OTCBB: MEXP), RMD Entertainment Group (OTC: RMDM), Fortress Financial Group Inc. (OTC: FFGO) and Akeena Solar Inc. (Nasdaq: AKNS).

 

SUNESIS PHARMACEUTICALS INCORPORATED (NASDAQ: SNSS)

"Up 131.67% on Thursday"

 

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

 

Sunesis is a biopharmaceutical company focused on the development and commercialization of new oncology therapeutics for the treatment of solid and hematologic cancers. Sunesis has built a highly experienced cancer drug development organization committed to advancing its lead product candidate, voreloxin, in multiple indications to improve the lives of people with cancer.

 

SNSS News:

 

December 9 - StockPreacher.com Issues Market Alert for Sunesis Pharmaceuticals Inc.

 

StockPreacher.com announces an investment report featuring Sunesis Pharmaceuticals Inc. (Nasdaq: SNSS). The report includes financial and investment analysis, analyst consensus, and pertinent industry information you need to know to make an educated investment decision.

 

The full report is available at www.stockpreacher.com/n/SNSS.

 

WELLSTAR INTERNATIONAL INCORPORATED (OTCBB: WLSI)

"Up 100.00% on Thursday"

 

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

 

Wellstar International, Inc., through its wholly owned operating subsidiary Trillenium Medical Imaging, Inc. (TMI), is poised to become a leading diagnostic company in the health care industry. TMI has developed and is marketing fully calibrated and functional, thermal imaging systems that utilize state-of-the-art infrared technologies and proprietary software to accurately and cost-effectively measure physiological changes in the human body. More information on the Company and its unique diagnostic software and product line is available on Wellstar's corporate Website.

 

WLSI News:

 

October 14 - Wellstar International Announces Funding

 

Wellstar International, Inc. (OTCBB: WLSI) has announced that it has entered into a financing agreement with JMJ Financial to provide the Company with an expected $1.2 million dollars in operational funding over the eighteen months. Details of the financing were contained in the Company's Form 8-K filing with the Securities and Exchange Commission on October 9, 2009.

 

The initial funding has been transferred to Wellstar and is expected to continue on a monthly basis. This funding will allow Wellstar to continue to operate in the near future and develop the completion of its Trillennium Medical Imaging System for rollout to the medical community. Although we have entered into a definitive agreements with respect to the financing with JMJ Financial, we cannot provide any guarantee that the funding outlined in the agreements will continue on a monthly basis or at all.

 

Wellstar International, Inc. seeks to be the first-to-market in deep tissue injury and pressure ulcer detection using its proprietary infrared imaging system. Thermal Imaging is a low cost, noncontact, non-radioactive diagnostic screening procedure designed for clinical evaluation. In addition, thermal imaging provides an ability to track the progress of therapies being utilized in a low cost, non-invasive manner. Thermal Imaging can detect signs of pressure ulcers before they are visible with the naked eye through detection of temperature changes at the site which allows for treatment of the pressure ulcer before it erupts. The TMI system can be used to scan all new patients into hospitals and long-term care facilities prior admittance and begin treating existing wounds before they are visible.

 

MARINE EXPLORATION INCORPORATED (OTC: MEXP)

"Up 100.00% on Thursday"

 

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

 

Marine Exploration, Inc., a development stage company, engages in marine treasure hunting expeditions. It involves in the exploration and recovery of deep-ocean shipwrecks, including the marketing, sale, and distribution of recovered artifacts, replicas, merchandise, and books through various retail and wholesale sales channels. The company was incorporated in 1996 as Jenkon International, Inc. and changed its name to Multimedia K.I.D., Inc. in 1999. Later, it changed its name to SYCO, Inc. in 2006; and to Marine Exploration, Inc. in 2007. The company is based in Denver, Colorado.

 

MEXP News:

 

November 23 - Marine Exploration Weekly Salvage Report: Over 100 Valuable Artifacts Recovered Including Silver Coins and Diamond Jewelry from 1700s Shipwreck

 

Marine Exploration, Inc. (OTCBB: MEXP) weekly salvage report announces recovering over one hundred artifacts from the site of the 1700s wreck.

 

Marine Exploration President Paul Enright states: "Burt Webber and his crew continue daily operations on a 1700s shipwreck in the Dominican Republic contract area. We are very excited with the numerous one-of-a-kind valuables recovered; especially the silver coins and gold, pearl and diamond jewelry. Over one hundred pieces have been salvaged from this particular site. We feel there is much more to come since Webber's team has covered only one-eighth of this particular shipwreck area. Our operations will continue here indefinitely. We will post pictures of the latest finds to our website in the coming days.”

 

Marine Exploration, Inc. and joint venture partner Hispaniola Ventures, LLC, headed by Burt D. Webber, Jr., plan to continue the shipwreck site survey and salvage and anticipates locating and recovering additional historic shipwrecks with valuable artifacts and treasure. Working under exclusive contract with the Dominican Republic, the Company has plans in place to pursue multiple notable shipwrecks in Dominican Republic territorial and jurisdictional waters.

 

RMD ENTERTAINMENT GROUP (OTC: RMDM)

"Up 60.00% on Thursday"

 

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

 

RMD Entertainment Group, an entertainment company, primarily focuses on the development and marketing of hip-hop music in the United States and internationally. It develops and markets hip-hop music, including compact discs, digital downloads, and personal ring tones for mobile phone customers, as well as other hip-hop lifestyle products. The company has also created MOTV, which streams video content to mobile devices, including cell phones and PDAs. It markets its products primarily through distributors. RMD Entertainment Group is based in Philadelphia, Pennsylvania.

 

RMDM News:

 

December 10 - Innotrek Technology Co. HD Checkpoint Pursuit System Approved By The Public Safety Bureau in China

 

RMD Entertainment Group's (OTC: RMDM) China-based subsidiary Innotrek Co. reports that Innotrek's Yingnuo HD Checkpoint Pursuit System passed all the necessary approval procedures with the Public Safety Bureau, in China.

 

As previously announced Innotrek has been working on highway safety and surveillance with the local Hubei Government over the past year, and had received very positive response from pubic and the officials.

 

Wynn Wang, CEO of RMDM said "This is the news and approval we as a company and our shareholders have been waiting for! To say that we are delighted to have received this designation and approval would be an understatement. Simply put, this is a gold mine and a feather in our cap for RMDM as an organization. This elevates RMDM to a whole new level, new status, new rank and a positive bullish outlook. It also opens up many new revenue models and possibilities for RMDM, and our Innotrek Division. For example, we have already commenced and are well under way in seeking government funding for this public project in 2010. We started this application some time ago based on our firm belief and assumptions that we will receive this approval. We are confident that our funding will be forthcoming shortly. Things are moving at break neck speed with us and our entire organization is motivated and looking forward to the bright future. As a company we researched some numbers and valuations and we have been advised that this approval should increase the valuation of our company easily by 5 to 7 million dollars. We will seek independent advice on valuation and report on this to our followers shortly."

 

FORTRESS FINANCIAL GROUP (OTC: FFGO)

"Up 50.00% on Thursday"

 

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

 

Fortress Financial Group, Inc. operates as a reseller of domestic and international MasterCard debit cards. The company is based in the Bradenton, Florida.

 

FFGO News:

 

December 9 - Fortress Financial Group, Inc. Confirms Offer to Acquire Company's Gold Interests

 

Fortress Financial Group, Inc. (OTC: FFGO) confirms that it has now received a confirmed Offer to acquire the Company's entire interest in both the "Bouse" and the "South Copperstone" Gold Properties.

 

The Company is not permitted to disclose the terms of the Offer received unless the Company accepts the Offer.

 

It is a fairly complex Offer and the Company's acceptance of this Offer is wholly dependent upon the unconditional consent of certain significant other stockholders in both the "Bouse" and "South Copperstone" Gold Properties.

 

Consent being obtained from the holders of Loan Notes issued by your Company, as detailed in our recent Form 8-K filing, is also required in order for your Company to accept this Offer.

 

The Company can confirm that this purchase price of this Offer is not being settled through the issue of restricted shares of Common Stock from another quoted Company, to your Company. Such an arrangement would not be acceptable to your Company's Management nor to the holders of Loan Notes issued by the Company.

 

The Company can confirm that as stated its Press Statement dated December 1, 2009; that the financial quantum of this Offer does not equate to an amount of less than US$0.003 per share of your Company's Common Stock, this being calculated upon the amount of outstanding shares of your Company's Common Stock as at December 9, 2009. This is at an enormous premium to the price at which your Company's stock has traded in the past two years. Your Company's stock price at close of business on Tuesday, December 8, 2009 was US$0.0003 per share.

 

The Company will advise stockholders promptly and definitely in and during the next few business days as to whether it has elected to accept or to reject this Offer.

 

Should the Company accept this offer, it will report immediately on a Form 8-K Filing and by a press release. The Company will not comment on market rumors or on the trading in its stock and stockholders are advised to rely upon the Company's regulatory filings and Press Releases for guidance.

 

AKEENA SOLAR INCORPORATED (NASDAQ: AKNS)

"Up 56.67% on Thursday"

 

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

 

Founded in 2001, Akeena Solar's philosophy is simple: We believe producing clean electricity directly from the sun is the right thing to do for our environment and economy. Akeena Solar has grown to become one of the nation's leading installers and manufacturers of solar power systems. Akeena Solar's revolutionary Andalay AC solar panels produce safe household AC power and have built-in racking, wiring, grounding and inverters. With 80% fewer parts and 5-25% better performance than ordinary DC panels, Andalay panels are an ideal solution for solar installers, trades workers and do-it-yourselfers.

 

AKNS News:

 

December 9 - Akeena Solar's Andalay AC Solar Panels Now Available at Lowe's Home Improvement Stores

 

Plug-and-Play Panels Hit Shelves at Lowe's Energy Center in 21 Locations

 

For the first time, homeowners can purchase high-performing, easy-to-install solar panels off the shelves of a major retailer, announced Akeena Solar Inc. (Nasdaq: AKNS), a leading installer and manufacturer of solar power systems. The Andalay AC panels are available at 21 Lowe's home-improvement stores throughout California. The panels, which were recently honored with a 2009 Popular Mechanics Breakthrough Product award, are featured as part of Lowe's Energy Center at the stores.

 

"The PC revolution in the computer industry occurred when new technology made PCs easy to use and affordable," said Barry Cinnamon, CEO of Akeena Solar. "Likewise, with panels becoming plug-and-play appliances, the solar revolution has started. The availability of solar panels in Lowe's stores makes it easy for homeowners to go solar and is a big step toward getting solar on every sunny rooftop."

 

The Lowe's Energy Center is a one-stop, easy-to-shop destination that empowers customers to create an energy plan that fits their budget and home-improvement goals. An information kiosk offers a touch-screen display to help customers evaluate their home's solar and wind potential, and the Energy Center features products that help them measure their energy use, reduce energy consumption and generate clean energy. Lowe's is the first major retailer to offer many of these products in one place, products that range from power monitors and small solar chargers to a solar panel system. The Energy Center will be in additional U.S. and Canadian stores in 2010.

 

Breakthrough Andalay AC Panels are Safer, More Reliable and Simpler to Install

 

Andalay AC panels, developed by Akeena Solar in Silicon Valley, have integrated racking, wiring and grounding — reducing the overall parts count by 80 percent and protecting against performance-threatening breakdowns that could happen with ordinary DC power systems.

 

Andalay panels also have built-in inverters that produce household AC power, so there is no high-voltage DC wiring. These safety and reliability benefits are achieved without compromising performance. In fact, Andalay AC panels produce 5 to 25 percent more energy output compared with ordinary DC solar panels. Because of the modular design of Andalay AC panels, homeowners could install a few panels now and gradually add on later, unlike DC systems that require a complete redesign when adding panels.

 

Ordinary DC solar power systems also require special installation skills. The innovations provided by Andalay's AC solar system deliver simplicity and safety so that for the first time, electricians, HVAC contractors and experienced do-it-yourselfers can install a solar power system without specialized training.

 

"Buying panels off the shelf at Lowe's offers solar options to homeowners that they didn't have," continued Cinnamon. "Homeowners now can get a system as small as one panel. With Andalay's safe household AC power design, they are the only real choice for do-it-yourselfers."

 

Participating Lowe's stores will stock the accessories required for installation, eliminating the need for do-it-yourselfers and contractors to pre-order components and enabling them to pick up what they need on the way to the installation.

 

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Disclosure: OTCPicks.com has received forty thousand free trading shares from a third party for MEXP advertising and promotional services.