Dallas, TX 4/6/2010 11:16:14 PM
News / Business

MFLI, ZANE, SSN, GETA, ARTS and BDGR are the April 6th Daily Market Movers Digest Picks from OTCPicks.com

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MUSCLE FLEX INCORPORATED (OTC: MFLI)

Company Profile: http://www.otcpicks.com/muscle-flex-inc.htm

Muscle Flex Inc. brings new products to market using direct response TV infomercials specializing in the health, fitness, wellness and hygiene sectors. As well, Muscle Flex Inc. develops and creates general television content for network and cable television distribution. Muscle Flex's corporate strategy is to develop new and innovative products for sale and distribution via its proprietary direct response marketing system and the creation of television media and shows for general network and cable broadcast.

ZANETT INCORPORATED (NASDAQ: ZANE)

"Up 78.26% in morning trading"

Zanett, Inc., an information technology company (IT), provides customized, IT solutions to Fortune 500 corporations, mid-market companies, and classified government agencies involved in homeland defense and homeland security in the United States. It operates in two segments, Commercial Solutions, and Government Solutions. The Commercial Solutions segment provides lifecycle, end-to-end business solutions, including services to initiate, develop, and implement e-business systems; application development; project management; business analysis; architecture design; package customization; testing and quality assurance, and implementation management; and implementation of enterprise resource planning, supply chain management, and customer relationship management systems. The Government Solutions segment provides software and satellite engineering services on government and aerospace satellite, and IT infrastructure contracts. The company was founded in 1992 and is based in New York, New York.

SAMSON OIL & GAS LIMITED (AMEX: SSN)

"Up 48.53% in morning trading"

Samson Oil & Gas Limited, together with its subsidiaries, engages in the exploration, development, and production of oil and gas properties in the United States. The company owns interests in various projects located in Wyoming, North Dakota, New Mexico, and Texas. Samson Oil & Gas Limited was founded in 1980 and is headquartered in Perth, Australia.

GENTA INCORPORATED (OTCBB: GETA)

"Up 32.61% in morning trading"

Genta Incorporated is a biopharmaceutical company with a diversified product portfolio that is focused on delivering innovative products for the treatment of patients with cancer. Two major programs anchor the Company’s research platform: DNA/RNA-based Medicines and Small Molecules. Genasense® (oblimersen sodium) Injection is the Company's lead compound from its DNA/RNA Medicines program. The leading drug in Genta’s Small Molecule program is Ganite® (gallium nitrate injection), which the Company is exclusively marketing in the U.S. for treatment of symptomatic patients with cancer related hypercalcemia that is resistant to hydration. The Company has developed G4544, an oral formulation of the active ingredient in Ganite, which has recently entered clinical trials as a potential treatment for diseases associated with accelerated bone loss. The Company is also developing tesetaxel, a novel, orally absorbed, semi-synthetic taxane that is in the same class of drugs as paclitaxel and docetaxel. Ganite and Genasense are available on a "named-patient" basis in countries outside the United States.

ARTFEST INTERNATIONAL INCORPORATED (OTCBB: ARTS)

"Up 70.73% in morning trading"

Artfest International, Inc. brings together artists, investors, decorators, designers, private collectors and art galleries. Artfest International's corporate site is www.artfestinternational.com. Artfest's subsidiaries are Art Channel, Inc. and Art Channel Galleries, Inc., which offer the most exciting product and rewards program in the history of direct sales marketing.

BLACK DRAGON RESOURCE COMPANIES (OTC: BDGR)

"Up 13.33% in morning trading"

Black Dragon is an oil and gas exploration and production company currently focused on the acquisition of mature, producing and existing domestic oil and gas fields. This focus has eliminated exploration risk, reduced costs of completion, and provided rapid generation of income in a niche market where larger independent and major oil companies are not positioned to compete. Black Dragon intends to recomplete additional shallow producing wells and to expand its focus to include drilling of new wells, some to deeper levels, and to purchase additional leases.

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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.

Disclosure: OTCPicks.com has been previously compensated twelve thousand dollars from Dana Alex for MFLI advertising and promotional services. Currently OTCPicks.com is being compensated seven thousand five hundred dollars directly from the company for MFLI advertising and promotion.

OTCPicks.com is not a registered investment advisers or broker/dealer. OTCPicks.com makes no recommendation that the purchase of securities of companies profiled in this website is suitable or advisable for any person or that an investment such securities will be profitable. In general, given the nature of the companies profiled and the lack of an active trading market their securities, investing in such securities is highly speculative and carries a high degree of risk.