Dallas, TX 3/19/2010 7:30:22 AM
News / Business

SOMX, PGPM, LYJN, OPTL and UNLA are the Stocks to Watch for March 19th from OTCPicks.com

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SOMAXON PHARMACEUTICALS INCORPORATED (NASDAQ: SOMX)

"Up 133.76% on Thursday"

Headquartered in San Diego, CA, Somaxon Pharmaceuticals, Inc. is a specialty pharmaceutical company focused on the in-licensing and development of proprietary product candidates for the treatment of diseases and disorders in the fields of psychiatry and neurology. A New Drug Application (NDA) for Silenor® (doxepin), Somaxon’s drug candidate for insomnia, has been filed with the U.S. Food and Drug Administration and currently is under review.

PILGRIM PETROLEUM CORPORATION (OTC: PGPM)

"Up 100.00% on Thursday"

Pilgrim Petroleum Corporation operates as an oil and gas exploration and development company. It holds crude oil and natural gas properties in Texas with interests primarily in Morgan fields, Morgan 2 fields, Douglas Mineral Trust field, Lily Hooks field, Meldon White lease, Lockride lease, and Climax lease, as well as in Patton and Burnett EE leases. The company, through its subsidiary, American Petroleum Corp., provides basic accounting, land administration, regulatory consulting and reporting, engineering, environmental, pumping and drilling supervision, and marketing services. Pilgrim Petroleum was incorporated in 1998. It was formerly known as BNP Petroleum Corporation and changed its name to Pilgrim Petroleum Corporation in 2005. The company is headquartered in Irving, Texas.

LYRIC JEANS INCORPORATED (OTC: LYJN)

"Up 47.33% on Thursday"

Lyric Jeans Incorportaed is the parent company of Lyric Culture, a music-driven apparel company involving lyrical content on jeans, denim wear and accessories. Each item reflects the song through its design. As the innovator and manufacturer of groundbreaking fashion, Lyric Culture employs a cutting-edge design strategy which allows the wearer to express themselves through the words of their favorite song — a modern twist to wearing your heart on your sleeve (and pant leg). Lyric Culture has deals in place with the largest music publishing companies in the world including Warner Chappell, EMI, Universal, Sony/ATV and BMG to name a few and has secured the rights to utilize lyrics made famous by The Beatles, Janis Joplin, David Bowie, Marvin Gaye, The Bee Gees, Rod Stewart, Steppenwolf and many more. The company currently produces Lyric Culture, a premium rock n' roll apparel and accessories line available at over three hundred specialty boutiques nationwide.

OPTIMUM INTERACTIVE (USA) LIMITED (OTC: OPTL)

"Up 50.00% on Thursday"

Optimum Interactive USA Ltd. is a development stage company. The company was formerly known as VComm Network, Inc. and changed its name to Optimum Interactive USA Ltd. in July 2009. Optimum Interactive USA Ltd. was founded in 1996 and is based in New York, New York.

UNILAVA CORPORATION (OTCBB: UNLA)

"Up 26.67% on Thursday"

Unilava Corporation and its subsidiary brands provide a variety of communications services, products, and equipment that address the needs of small to enterprise businesses and consumers. The company is licensed to provide long distance services in 41 States and local phone services in 11 States. Through its carrier-grade microwave wireless broadband infrastructure and broadband Internet access partners, the company offers mobile and high-definition IP-hosted voice services to residential, small and medium enterprises. The company delivers small business a comprehensive and integrated suite of fee-based online and mobile advertising and web services. Headquartered in San Francisco, the company has regional offices in Chicago, Seoul, Hong Kong, and Beijing.

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Forward-Looking Statement: This press release includes "forward-looking statements" within the meaning of the federal securities laws, commonly identified by such terms as "believes," "looking ahead," "anticipates," "estimates" and other terms with similar meaning. Although the Company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can give no assurance that these assumptions will prove to be correct. Important factors that could cause actual results to differ materially from the Company's projections and expectations are disclosed in the Company's filings with the Securities and Exchange Commission. All forward-looking statements in this press release are expressly qualified by such cautionary statements and by reference to the underlying assumptions.

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