OTCPicks.com Daily Market Movers Digest Midday Report for December 4th RHGP, SUTU, EGIL, DPHIQ, WRII

Our Stocks to Watch today include Renhuang Pharmaceuticals, Inc. (OTCBB: RHGP), Sutura, Inc. (OTCBB: SUTU), Edgetech International, Inc. (OTC: EGIL), Delphi Corp. (OTC: DPHIQ), Waste Recovery, Inc. (OTC: WRII)

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RENHUANG PHARMACEUTICALS (OTCBB: RHGP)

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

Company Profile: http://www.otcpicks.com/renhuang-pharma/renhuang-pharma.htm

Renhuang Pharmaceuticals, located in Harbin of Heilongjiang Province in Northeast China, is a leading integrated developer, manufacturer and distributor of a broad line of high-quality nutraceutical, natural medicinal and bio-pharmaceutical products. The Company provides three major product lines including the Acanthopanax-based natural medicinal products, Shark Power Health Care series and Traditional Chinese Medicines. Renhuang's key product line is Acanthopanax-based products, an effective natural medicine in treating depression and melancholy and offering various other health benefits. By controlling an estimated 70% of China's natural resource of Acanthopanax (also known as Siberian Ginseng), the Company has a dominant market position in Acanthopanax-based natural medicines. The Company distributes its products through a multi-layer sales network of over 2000 sales agents. Its products are not only sold nationwide but also exported to Russia and Southeast Asia. Renhuang has established a multi-channel research and development infrastructure composed of in-house researchers, a post-doctoral working center, and collaboration with well known institutions and scientists. In manufacturing, the Company strictly follows the international GMP certified quality standards and system by utilizing cutting-edge technologies, the state of the art equipment, and the proprietary innovative and award winning processes. For more information about Renhuang Pharmaceuticals, visit www.renhuang.com.

RHGP News:

December 3 - Renhuang Pharmaceuticals Wins Olympic Year Prime Time Ad Space on CCTV

Renhuang Pharmaceuticals, Inc. (OTCBB: RHGP) ("the Company") has bought prime time advertising slots in Central Chinese Television’s (CCTV) 2008 “Gold Ad” auction, following two of the national television network’s most heavily watched programs. The 7.5-second and 15-second air times follow CCTV’s evening news and the newsmagazine show, “Topics in Focus,”both of which are top-rated television programs in China. Both ad slots will feature Renhuang’s Ginseng and Deer Ointment product. The Company expects sales of this product to grow significantly as a result of advertising on CCTV prime time spots in the Olympic year.

“We are extremely pleased to have won the bid and look forward to promoting Renhuang products next to two of CCTV’s most popular programs,” said Jingwang Lou, general manager of sales and marketing for Renhuang Pharmaceuticals. “The exposure will build brand awareness for our products throughout China, and increase our visibility on the global basis.”

Mr. Lou said securing prime time media space was a strategic move on Renhuang’s part. “We see this as a great opportunity for Renhuang. Investing in sales and marketing is an important part of our growth strategy. We expect prime time advertising during the 2008 Beijing Olympic Games will give us international as well as domestic exposure.”

TV is the most effective media for advertisement in China. CCTV has China’s highest viewer ratings and is also broadcast internationally through sharing with other networks. In recent years, CCTV’s Gold Ad auctions for prime time advertising space have become increasingly competitive as more and more businesses select CCTV as their first media choice to promote their products. “This is the first time Renhuang has participated in the bidding process, and winning these two coveted advertising spots is a real coup,” noted Mr. Lou.

One of Renhuang’s Gold Ad spots is slated to follow the CCTV News immediately preceding the network weather forecast. “This spot has huge viewer ratings and gives us tremendous visibility and prestige,” Mr. Lou said. “This is possibly the single best time slot on Chinese TV in terms of audience reach and marketing effectiveness.”

The second gold time slot will follow the program “Topics in Focus,” an influential newsmagazine with a wide viewer following. Additionally, with special programming coverage during the 2008 Beijing Olympic Games, the “Topics in Focus” media space may provide even greater audience penetration.

SUTURA INCORPORATED (OTCBB: SUTU)

"Up 172.73% in morning trading"

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

Sutura, Inc., a medical device company, engages in the design, development, and manufacture of a family of suture-mediated stitching devices for vascular tissue approximation primarily in the United States and Europe. It offers a line of minimally invasive vascular suturing devices to suture vascular structures during open surgery and catheter-based procedures. The company's SuperStitch products allow physicians to close the arteriotomy or vascular tissue using fluoroscopic and/or ultrasonic guidance while working through the catheter sheath introducer or cannula, as well as direct visualization in an open setting. The SuperStitch products are indicated for use in performing vascular stitching in general surgery, including endoscopic procedures. Sutura also offers Superstitch Guidewire, which allows physicians to re-access a vessel during procedures by placing the sutures first and complete suturing the vessel after performing additional procedures. The company was incorporated in 1985 and is headquartered in Fountain Valley, California.

SUTU News:

December 4 - Sutura Settles Patent Infringement Lawsuit With Abbott Laboratories

Sutura, Inc. (OTCBB: SUTU) ("Sutura"), a California-based medical device company, announced that it has settled a patent infringement lawsuit it had against Abbott Laboratories. The settlement provides for a cross license of the Hathaway patents, licensed to Abbott by Indiana University, and the Sutura Nobles patents. In addition, Abbott has agreed to pay Sutura $23 million as part of the settlement agreement.

"We are pleased to have reached this agreement with Abbott and resolved this patent infringement dispute with them," said David Teckman, President and CEO of Sutura. "We now look forward to moving on with our continued enhancement of Sutura's product line of vascular suturing devices, in particular the Sutura EL device."

EDGETECH INTERNATIONAL INCORPORATED (OTC: EGIL)

"Up 40.00% in morning trading"

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

International Building Technologies Group, Inc. engages in the manufacture and sale of building panels used in construction worldwide. It also provides site planning, architectural and engineering services, contractor services, materials, equipment, training, and supervision. The company is based in Alameda, California.

EGIL News:

December 4 - EGIL Announces First Web Sales Channel Partner www.luxury.net

Edgetech International, Inc. (OTC: EGIL) ("Edgetech" or the "Company") announced that the company has executed an agreement to distribute "The PC Edge" on www.luxury.net. Luxury.net is the premier website targeting high income consumers with industry-leading lifestyle products.

"The PC Edge" will be available for sale alongside some of the most high-tech electronic products in the marketplace. Not only will "The PC Edge" be available for sale on luxury.net but it will be featured as the Hot New Product for the 2007 Holiday Season.

"The PC Edge" is a unique, handheld, stand alone wireless unit with a built-in modem and full-screen display providing High Speed Internet Access.

Luxury.net CEO, Kenneth Green, stated, "We are very excited to add "The PC Edge" to our product portfolio. We believe this new innovative mobile computing solution will be a sales leader for this Holiday Season and beyond."

Edgetech VP of Sales, Keith R Jones, stated, "Our focus on the Web Sales Channel has led us to this relationship with luxury.net. The consumer profile of the luxury.net customer matches our marketing focus on the High-Income Mobile Professional. Luxury.net is not only our first Web Sales Channel Partner, but Mr. Green has provided our organization with valuable Internet marketing consulting."

DELPHI CORPORATION (OTC: DPHIQ)

"Up 25.58% in morning trading"

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

Delphi Corporation supplies vehicle electronics, transportation components, integrated systems, and modules and other electronic technologies worldwide. Its Electronics and Safety segment offers control and security products consisting of body computers, security systems, and mechatronics; entertainment and communications products comprising reception systems, digital receivers, satellite audio receivers, and navigation systems; and safety systems, including airbags, occupant detection systems, collision warning systems, advanced cruise control technologies, safety electronics, seat belts, and steering wheels. The Thermal Systems segment offers condenser, radiator and fan module assemblies and components, which includes radiators, condensers, and charge air cooling heat exchangers; and climate control products, including HVAC modules, compressors, and controls. The Powertrain Systems segment offers products for engine management systems (EMS), including gasoline EMS, diesel EMS, fuel handling systems, and evaporative emissions systems. Gasoline EMS portfolio comprises fuel injection and air/fuel control, valve train, ignition, sensors and actuators, transmission control products, exhaust systems, and powertrain electronic control modules with software, algorithms, and calibration; and diesel EMS product line offers common rail system technologies that are used by automakers. The Electrical/Electronic Architecture segment includes electrical architecture and component products. The Steering segment offers halfshaft and steering system products. The Automotive Holdings Group segment comprises noncore product lines and plant sites. The company was founded in 1998 and is headquartered in Troy, Michigan. On October 8, 2005, Delphi Corp alongwith its affiliates jointly filed a voluntary petition for reorganization under Chapter 11 of the US Bankruptcy Court for the Southern District of New York.

DPHIQ News:

December 4 - Delphi Announces Further Potential Amendments to Plan of Reorganization, Investment Agreement and GM Settlement

Delphi Reaches Agreements in Principle With Statutory Committees; Form of Amended GM and Plan Investor Agreements Also Filed With Bankruptcy Court; Delphi to Proceed With Dec. 6 Investment Agreement Amendment Hearing and Continuation of Disclosure Statement Approval Hearing

Delphi Corp. (OTC: DPHIQ) announced that it has reached agreements in principle with its Official Committee of Unsecured Creditors, its Official Committee of Equity Security Holders, General Motors Corp. and its Plan Investors on amendments to its Joint Plan of Reorganization, Global Settlement Agreement and Master Restructuring Agreement between Delphi and GM, and the Investment Agreement with Delphi's Plan Investors led by an affiliate of Appaloosa Management L.P. Delphi filed potential amendments to all four documents on Monday evening in the United States Bankruptcy Court for the Southern District of New York as revisions to the Company's Disclosure Statement and appendices to the Company's Disclosure Statement.

Delphi expects to make further amended filings prior to the resumption on Dec. 6, 2007 of the Disclosure Statement hearing commenced in Oct. 2007. These filings will include further changes required to reflect the agreements in principle with Delphi's key stakeholders and executed signature pages with respect to the Company's agreements with GM and the Plan Investors. These agreements currently remain subject to proposed amendments announced on Nov. 14, which are also subject to Bankruptcy Court approval.

These potential amendments primarily reflect changes required by Delphi's Statutory Committees to obtain their support of Delphi's Plan and related Disclosure Statement. In the event these amendments do not become effective, the original underlying agreements as approved by the Bankruptcy Court on Aug. 2 remain in effect. The company continues to pursue emergence from Chapter 11 during the first quarter of 2008.

The potential amendments to the Disclosure Statement and certain Appendices (which include amendments to the POR, the GM Global Settlement Agreement, the GM Master Restructuring Agreement and the Investment Agreement) will be available later today on www.delphidocket.com.

ABOUT DELPHI'S CHAPTER 11 CASE

Delphi's Chapter 11 cases were filed on Oct. 8, 2005, in the United States Bankruptcy Court for the Southern District of New York and were assigned to the Honorable Robert D. Drain under lead case number 05-44481 (RDD).

The Adequacy Hearing for the Disclosure Statement began on Oct. 3, 2007 and is scheduled to continue on Dec. 6, 2007. Approval of the Disclosure Statement and related voting solicitation procedures permits the company to solicit acceptances of the proposed Plan of Reorganization later this year and seek confirmation of the Joint Plan of Reorganization by the Bankruptcy Court during the first quarter of 2008.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state. More information on Delphi's U.S. restructuring and access to court documents, including all of the documents referenced in this press release and other general information about the Chapter 11 cases, is available at www.delphidocket.com.

Information on the case can also be obtained on the Bankruptcy Court's website with Pacer registration at www.nysb.uscourts.gov. For more information about Delphi and its operating subsidiaries, visit Delphi's website at www.delphi.com.

WASTE RECOVERY INCORPORATED (OTC: WRII)

"Up 16.67% in morning trading"

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

Waste Recovery, Inc. is a development stage corporation which has now merged with DR Entertainment Group of Las Vegas, NV the owners of MINXX Gentlemen's Club. For more information available to the public, contact the investor relations dept. at 702-220-9416.

WRII News:

December 4 - Waste Recovery, Inc. Announces Results of New Appraisal

Waste Recovery, Inc. (OTC: WRII) announced the appraisal for Minxx Gentlemen's Club came in at $14,570,000.00.

The company was pleased to announce that the most recent appraisal for The Minxx Gentlemen's Club came in significantly higher than had been expected. The business and the property appraised at $14,570,00.00 up from the last appraisal of $8,900,000.00 in 2006. The value of the business and property was helped considerably by the recent sale of of competing clubs like The Crazy Horse 2 which recently was sold for $31,000,000.00. The strength in the market for Adult Themed Night Clubs in Las Vegas bodes extremely favorably for the company and their recently announced debt restructuring. The company will now be able to restructure the existing notes held as mortgages on the property located at 4636 Wynn Road in Las Vegas Nevada into one note at extremely favorable rates. Additionally, the refinancing will dramatically lower the interest payments thus freeing up a significant amount of working capital for the company. The company hopes to free up $2,000,000.00 to $4,000,000.00 for operations marketing and expansion.

DR Entertainment is in the business of owning and operating upscale bars, nightclubs, Gentlemen's Clubs, and gaming taverns. DR Entertainment Group, LLC is here to create a new niche in the twenty first century bar, night club, and adult entertainment industry. The niche will be created through blending contemporary lounges, tavern gaming, and adult cabaret dancing with luxurious ultra lounge environments using cutting edge technology.

The company currently owns and operates Minxx Gentlemen's Club which has been voted the number one adult club in Las Vegas for 2007. The Minxx Gentlemen's Club represents the first step to executing on this business model. The company constructed this facility from the ground up and owns the real-estate associated with the project. This $12,000,000.00 asset serves as the flag ship and conceptual model for the locations to come. Located just off the Las Vegas Strip, Minxx has created a playful, friendly, exciting and opulent atmosphere that is appealing to men and women alike. With its high concept design and 13,000 square feet of entertainment space, Minxx has raised the bar for cabaret entertainment. DE Entertainment intends to apply the same design and operational concepts to elevating the traditional experiences associated with Sports Bars and Local Gaming Taverns to a more exciting and comfortable level.

ABOUT DR ENTERTAINMENT GROUP

DR Entertainment Group is the parent company of the world famous MINXX Gentlemen's Club in Las Vegas, NV. This is a 10,500 square foot adult entertainment club including building and real estate assets estimated at approximately $12,000,000.00 USD.

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