Dallas, TX 12/7/2007 2:31:41 AM
News / Finance

OTCPicks.com Daily Market Movers Digest Midday Report for December 6th QMCI, SDVI, SCRA, IVOI, MGLG, SKVI

Our Stocks to Watch today include QuoteMedia, Inc. (OTCBB: QMCI), Signature Devices, Inc. (OTC: SDVI), Sea Containers Ltd, (OTC: SCRA), iVoice, Inc. (OTCBB: IVOI), Magellan Energy Ltd. (OTC: MGLG), Skinvisible, Inc. (OTCBB: SKVI)

 

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

 

QUOTEMEDIA INC. (OTCBB: QMCI)

 

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

 

Company Profile: http://www.otcpicks.com/quotemedia/quotemedia.htm

 

QuoteMedia, Inc. is a leading software developer and provider of real-time streaming financial market information, decision-support, news and research solutions to brokerage, financial services companies, business and media corporations. Among its many leading-edge products lines, the Company offers data feeds, news, dynamic market content solutions, interactive stock research tools, financial applications and real-time wireless applications. QuoteMedia provides data and services for companies such as the NASDAQ, the OTCBB, Dow Jones & Company, Forbes.com, Scotia Capital, Business Wire, Southwest Securities, Regal Securities, FBR Direct, Broadridge Financial Solutions, Inc., AIM Trimark, Zacks Investment Research, ChoiceTrade, QTrade, Schaeffer's Investment Research, Automated Financial Systems, WallStreet*E, and others. For more information, please visit: www.quotemedia.com.

 

QMCI News:

 

December 5 - QuoteMedia Brings Respected Market Data Industry Veteran Onboard; Opens NYC Office

 

QuoteMedia, Inc. (OTCBB: QMCI), a leading provider of market data, corporate research information and financial applications, announced today the appointment of Mr. George Katsch as Corporate Sales Director, to lead the company’s new office in New York City.

 

Mr. Katsch brings more than 15 years of experience in selling and supporting financial information and technology solutions to the Brokerage, Financial Service, Media Publishing and Investor Relations industries. Most recently, Mr. Katsch served as Vice President of Sales for FinancialContent, Inc., where he was responsible for business development and sales for the entire North American market. Mr. Katsch has also held key management positions with Standard and Poor’s and Interactive Data Corporation (Comstock), where he managed senior account representatives and support staff. He was principally responsible for maintaining over $50 million in revenues and generating new sales.

 

“George is very well-known as a successful, skilled professional in our industry, and we’re excited that he is joining the QuoteMedia sales team, heading up our New York office,” said Dave Shworan, CEO of QuoteMedia Ltd. “He brings a wealth of experience to our company, and skill sets that make him an immediately great fit with QuoteMedia, as we continue our explosive growth.”

 

“From within the industry, I’ve watched QuoteMedia’s remarkable growth over the past few years. I have been very impressed with QuoteMedia’s emergence as a major player in the financial data industry, and the potential for further growth is extraordinary,” said Mr. Katsch. “QuoteMedia is definitely going places, and I’m excited to be a part of it.”

 

SIGNATURE DEVICES (OTC: SDVI)

 

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

 

Company Profile:

http://www.otcpicks.com/signature-devices/signature-devices.htm

 

Signature Devices, Inc. engages in the development, manufacture, and sale of information technology products in the United States. The company creates, develops, and publishes 3-D interactive games for consoles and personal computers. It also publishes software for video games and commercial products. The company publishes games for consoles, such as GBA, XBox360, and Playstation. In addition, the company provides consulting for information technology, including computer systems, software, and electronic products. It offers a platform for hardware, embedded systems development, and image generation technology, which can be used in films, videogames, and the military. Further, the company develops customized 3D identities, including lighting, shading, artificial intelligence, and animation systems. Signature Devices was founded in 2002 and is headquartered in Redwood City, California.

 

SDVI News:

 

December 6 - New Multi-Platform Titles Signed Worldwide by Graffiti Entertainment

 

Twelve Interactive, a leading Italian console game developer, and Graffiti Entertainment, a wholly owned video game developer and publishing subsidiary of Signature Devices, Inc. (OTC: SDVI) (http://www.signaturedevices.com ) announced that they have signed a publishing agreement for Twelve Interactive 's second multi-platform title Martial Arts: Capoeira for Nintendo Wii, Nintendo DS, PlayStation®2, PSP(TM) and PC. The title is scheduled for a multi-SKU release in Q4 2008.

 

"This is our second multi-SKU project, based on our Intellectual Properties," comments Giuseppe Crugliano, Managing Director of Twelve Interactive. "Martial Arts: Capoeira is an extremely ambitious game, that deserves a great partner like Graffiti Entertainment. Thanks to this partnership we can put in the best resources and count on the professional support of the Graffiti team."

 

Kenneth Hurley, CEO of Signature Devices and Graffiti Entertainment, says, "We are very excited to add Twelve Interactive to our ever growing list of developers that Graffiti Entertainment will publish for. The different platforms selected for this game makes it a great investment for us. We are rapidly building our game catalog with unique, exciting video game titles and are looking forward to launching Martial Arts: Capoeira in 2008."

 

SEA CONTAINERS LIMITED (OTC: SCRA)

"Up 75.00% in morning trading"

 

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

 

Sea Containers Ltd. is a Bermuda registered company with regional operating offices in London, Genoa, New York City, Rio de Janeiro, Singapore and Sydney. The company is a market leader in its two main business areas: passenger transport and marine container leasing. In addition to its two principal divisions, the company has associated investments in property, publishing, and plantations

 

SCRA News:

 

December 6 - Sea Containers Wins GE SeaCo Arbitration Case

 

GE Capital Had Asserted a Change of Control at Sea Containers

 

Sea Containers Ltd, (OTC: SCRA), which owns half of the common equity in GE SeaCo SRL, one of the world's largest container leasing companies has won the arbitration case brought against it by GE Capital, the co-owner of GE SeaCo.

 

In September last year, GE Capital of Stamford, Connecticut, contended that when Mr James Sherwood, the company's founder, stood down from his duties as Chairman of the Board of Directors of Sea Containers in March 2006, there had been a change of control at Sea Containers that allowed GE to buy out Sea Containers' interests in GE SeaCo.

 

Sea Containers welcomes the decision by the Arbitrator of the Commercial Arbitration Tribunal in the International Institute for Conflict Prevention and Resolution. The Arbitrator found that, for numerous reasons, when Mr Sherwood stepped down from his position at Sea Containers, there was no change of control that might have triggered any right of GE Capital to purchase Sea Containers' interest in GE SeaCo.

 

The favourable arbitration ruling is a major step forward in Sea Containers' efforts to advance its financial reorganization. Sea Containers looks forward to working with GE Capital to maximise the value of GE SeaCo.

 

IVOICE INCORPORATED (OTCBB: IVOI)

"Up 41.18% in morning trading"

 

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

 

iVoice, Inc., through its subsidiary Thomas Pharmaceuticals, Ltd., engages in the development and marketing of over the counter non-prescription healthcare products. It also involves in patent licensing. iVoice offers calcium-enriched, sugar free, and anti-gas antacid tablets targeted to travelers, executives, and baby boomers requiring antacid relief. The company, formerly known as Visual Telephone International, Inc., was incorporated in 1995. It changed its name to iVoice.com, Inc. in 1999 and to iVoice, Inc. in 2001. The company is headquartered in Matawan, New Jersey.

 

IVOI News:

 

December 6 - iVoice Receives Patent Award for ‘Methodology for Talking Consumer Products with Voice Instructions via Wireless Technology’

 

iVoice, Inc. (OTCBB: IVOI) announced that it has received United States Patent, 7,305,344 for a patent “Methodology for Talking Consumer Products with Voice Instructions via Wireless Technology.”

 

This invention enables users of new products to activate the speaking package of a new product, so there is no need to read instructions. For example, it provides for hands free, eyes free, instructions while assembling new products, such as bicycle, furniture, camera or other products.

 

To a person with low vision or a physical disability, talking instruction products can mean independence. Talking products offer independence to people with limited use of their hands or to people whose vision is limited. The result is greater satisfaction with their ability to control their own environment and less dependence on caregivers to attend to these common tasks.

 

“The grant of this patent is centrally important to iVoice, Inc. not only to preserve its technology but also to leverage offensively in the marketplace,” said Mr. Mahoney. The patent award will make a significant milestone in product development for the iVoice technical staff. iVoice’s commitment to innovation technology continues to help customers meet their client requirements. We believe that our intellectual property and our technology provide iVoice with a superior suite of application offerings.

 

MAGELLAN ENERGY NEW (OTC: MGLG)

"Up 50.00% in morning trading"

 

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

 

Magellan Energy is a publicly traded independent oil and gas company. The company is actively acquiring oil and gas leases, producing properties, mineral rights, and surface interests in Texas and Oklahoma. Once acquired, the company intends to develop each property to maximize the income from each property by re-establishing production, refurbishing and improving the existing production and operations.

 

MGLG News:

 

December 5 - Magellan Energy Announces Update on the Thomas L. Davidson Well #1

 

Magellan Energy Ltd. (OTC: MGLG), an independent oil and gas company, announced that its management team were on site in Morgan County, Tennessee along with the operators of Ky-Tenn Oil Inc. to oversee the acid treatment project for the Thomas L. Davidson Well #1.

 

Magellan Energy has been working with Ky-Tenn officials to re-work the Thomas L. Davidson Well #1 located in Morgan County, Tennessee. The treatment scheduled for November 26, 2007 continued on time and with success. The goal for this project was to frac this well with a combination of acid and water to increase productivity. The well was treated with 2000 GL of hydrochloric acid (15%) and 500GL of water. The well reacted very well to the treatment and reached a pressure of 250(lbs). Once all the fluids were introduced the well was closed off. On November 27, 2007 Ky-Tenn Oil Inc re-opened the well which still maintained a pressure 0f 160 (Lbs) and swabbed the well for half the day. The oil presence was extremely strong, so that it was placed immediately back onto the pump. The size of the well compressor/motor is small but the well continued to produce 5 BOPD until it ran out of gas without pumping off. The results will not be finalized until the well stabilizes and maintains a steady flow.

 

Magellan Energy's President, Mr. Akrivos, said, "We are very pleased with the initial results of the test and that the well did not pump off during the first day of production. Ky-Tenn Oil Inc. will be adding a larger motor to the well to maintain a steady flow throughout the day without disruption to production thus enabling us to get a steady barrel count. We have to understand that this well was treated in the past and although we did not get the pressure of 1500 lbs, we anticipated the well still reacted very nicely to this treatment and has come back with an increased production rate. Until the well stabilizes and we upgrade the motor we will be unable to give continuous, accurate barrel count. This success is the first stage of many for Magellan and its shareholders. We will continue to focus on our quest to place Magellan on top as a reputable, revenue producing company in the oil and gas industry with proven results for shareholders."

 

SKINVISIBLE INCORPORATED (OTCBB: SKVI)

"Up 42.86% in morning trading"

 

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

 

Skinvisible Pharmaceuticals is a research-and-development company whose primary business objective is to license its proprietary formulations with Invisicare® to pharmaceutical and cosmeceutical companies as well as assisting companies in revitalizing or enhancing their existing skin care products. Skinvisible receives a combination of research and development fees, upfront license fees, and ongoing royalties for the life of the Invisicare patent. For more information, visit www.skinvisible.com.

 

SKVI News:

 

December 6 - Skinvisible Signs Marketing Agreement for India

 

Skinvisible, Inc. (OTCBB: SKVI) (www.skinvisible.com) announced that it has signed a marketing agreement with Avani International for India. This follows Skinvisible's recent announcement that it was granted a comprehensive patent in India for Skinvisible's proprietary polymer delivery system, Invisicare. Invisicare enhances the delivery of topical dermatology products on the skin.

 

The agreement with Avani is part of Skinvisible's continued strategy to quickly expand its reach around the globe. Avani will seek licenses in India for topical products Skinvisible has developed for the treatment of acne, fungal infections, atopic dermatitis and hand sanitizers. They will also facilitate clinical studies and manufacturing in India.

 

"It is important for Skinvisible to develop partnerships with companies such as Avani as they have established relationships with pharmaceutical and consumer goods companies in India. This helps us fast track our marketing efforts in the country and generate license fees and royalties quicker than marketing in India ourselves," said Mr. Terry Howlett, President and CEO of Skinvisible Inc.

 

"India and its expanding population of over 1 billion people offers tremendous market opportunities for Skinvisible and its Invisicare technology and products," said Ash Chawla, Chairman & CEO of Avani. "This agreement allows us to introduce Invisicare to Indian pharmaceutical manufacturers that we know need this technology."

 

About Invisicare®

 

Skinvisible has patented its technology and trademarked its polymer delivery system Invisicare®. Invisicare is a combination of hydrophilic and hydrophobic polymers that hold active ingredients on the skin for extended periods of time. They are non-occlusive and allow normal skin respiration and perspiration while moisturizing and protecting against exposure from a wide variety of environmental irritants. For more information, visit www.Invisicare.com.

 

About Avani International

 

Avani International is a leading business development firm, with services ranging from product commercialization to launch, marketing, sales, and distribution for pharmaceutical, biotechnology and medical device industries. Avani enjoys strong relationships with manufacturers in India and has pioneered relations and business growth between US and Indian companies for the past five years. For more information, visit www.avaniinternational.com.

 

ABOUT OTCPICKS.COM

 

OTCPicks.com is an Internet destination for investors seeking information on smallcap and microcap companies. The web site features companies in Profile Campaigns, Executive Interviews and Profile Research Reports authored by our financial writers. We publish a daily Newsletter to subscribers, and we publish our Daily Market Movers Digest which is sent out on the M2 Presswire several times daily highlighting hot OTC and OTCBB stocks. To feature a company on our web site or in our daily Newsletter or Market Mover’s Digest, please contact our publisher, Brian Dean at 972-546-3740, or via email at publisher@otcpicks.com.

 

Disclaimer:

Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. This disclaimer is to be read and fully understood before using our site, or joining our email list. PLEASE NOTE: The OTCPicks.com employees are NOT Registered as an Investment Advisor in any jurisdiction whatsoever.

 

Release of Liability:

Through use of this website viewing or using you agree to hold OTCPicks.com, its operators owners and employees harmless and to completely release them from any and all liability due to any and all loss (monetary or otherwise), damage (monetary or otherwise), or injury (monetary or otherwise) that you may incur. Neither the information presented nor any statement or expression of opinion, or any other matter herein, directly or indirectly constitutes a representation by the publisher nor a solicitation of the purchase or sale of any securities. OTCPicks.com was compensated seven thousand five hundred dollars in early 2007 by a third party (Silver King Consultants) for a 30 day SDVI IR program, and more recently we have been compensated twenty thousand free trading shares by a third party (TI Consulting). We have received Internet data services from QuoteMedia (QMCI) in return for coverage on our site. For a complete list of disclosures go to http://www.otcpicks.com/disclosure_details.php. The information contained herein is based on sources which we believe to be reliable but is not guaranteed by us as being accurate and does not purport to be a complete statement or summary of the available data. The owner, publisher, editor and their associates are not responsible for errors and omissions. They may from time to time have a position in the securities mentioned herein and may increase or decrease such positions without notice. Any opinions expressed are subject to change without notice. OTCPicks.com encourages readers and investors to supplement the information in these reports with independent research and other professional advice. All information on featured companies is provided by the companies profiled, or is available from public sources and OTCPicks.com makes no representations, warranties or guarantees as to the accuracy or completeness of the disclosure by the profiled companies or the information contained herein. OTCPicks.com and its affiliates are not registered investment advisors or a broker dealers. OTCPicks.com has been advised that the investments in companies profiled are considered to be high risk and use of the information provided is at the investor’s sole risk. OTCPicks.com also advises that the purchase of such high risk securities may result in the loss of some or all of the investment. Investors should not rely solely on the information presented. Rather, investors should use the information provided by the profiled companies as a starting point for doing additional independent research on the profiled companies in order to allow the investor to form his or her own opinion regarding investing in the profiled companies. Factual statements made by the profiled companies are made as of the date stated and are subject to change without notice. Investing in micro-cap securities is highly speculative and carries an extremely high degree of risk. It is possible that an investor’s entire investment may be lost or impaired due to the speculative nature of the companies profiled. OTCPicks.com makes no recommendation that the securities of the companies profiled should be purchased, sold or held by individuals or entities that learn of the profiled companies through OTCPicks.com. OTCPicks.com owners may or may not hold positions in the companies that are profiled.

 

The information contained herein contains forward-looking information within the meaning of Section 27A of the Securities Act of 1993 and Section 21E of the Securities Exchange Act of 1934 including statements regarding expected continual growth of the company and the value of its securities. In accordance with the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 it is hereby noted that statements contained herein that look forward in time which include everything other than historical information, involve risk and uncertainties that may affect the company's actual results of operation. Factors that could cause actual results to differ include the size and growth of the market for the company's products, the company's ability to fund its capital requirements in the near term and in the long term, pricing pressures, unforeseen and/or unexpected circumstances in happenings, pricing pressures, etc. Investing in securities is speculative and carries risk. Past performance does not guarantee future results.

 

Third Party Web Sites and Information:

 

OTCPicks.com and newsletter may provide hyperlinks to third party websites or access to third party content. OTCPicks.com does not control, endorse, or guarantee content found in such sites. You agree that OTCPicks.com is not responsible for any content, associated links, resources, or services associated with a third party site. You further agree that OTCPicks.com shall not be liable for any loss or damage of any sort associated with your use of third party content. Links and access to these sites are provided for your convenience only.