Dallas, TX 12/14/2007 1:00:29 AM
News / Finance

OTCPicks.com Daily Market Movers Digest Midday Report for December 13th UVSE, VSUR, COPI, DCNAQ, SVSN, IRBL

Our Stocks to Watch today include Universal Energy Corp. (OTCBB: UVSE), Vsurance, Inc. (OTCBB: VSUR), Compliance Systems Corporation (OTCBB: COPI), Dana Corporation's (OTC: DCNAQ), StereoVision Entertainment, Inc. (OTCBB: SVSN), InRob Tech Ltd. (OTCBB: IRBL)

 

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UNIVERSAL ENERGY CORP (OTCBB: UVSE)

"Up 12.00% in morning trading"

 

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

 

Company Profile:

http://www.otcpicks.com/universal-energy/universal-energy.htm

 

Universal Energy Corp. is an energy company engaged in the acquisition and development of crude oil and natural gas leases in the United States and Canada. We pursue oil and gas prospects in partnership with oil and gas companies with exploration, development and production expertise. Our prospect areas consist of lands in Alberta, Canada, Louisiana and Texas. Visit www.universalenergycorp.info for more details.

 

UVSE News:

 

December 12 - Universal Energy Corp. Begins Oil Production at its Amberjack Prospect and Reaffirms Guidance of First Quarter 2008 Profitability

 

Universal Energy Corp. (OTCBB: UVSE), an emerging domestic oil and gas exploration and production company, announced that oil production has now begun at its Amberjack prospect. "Our first revenues from production are a historic event," commented Billy Raley, CEO of Universal Energy Corp. Raley continued, "Production estimates have been right on track and our previous estimates of profitability for the first quarter of 2008 are solid".

 

Universal Energy will update its stockholders each month on its production numbers for each of its prospects. "With production scheduled to begin from Lake Campo in the next few days, 2008 is shaping up to be a fantastic year for Universal Energy and its stockholders," commented Dyron Watford, CFO of Universal Energy Corp.

 

VSURANCE INC (OTCBB: VSUR)

 

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

 

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

 

Vsurance is a leading provider of pet health insurance and other pet health-related services in the United States. Programs include its Get HIP™ Pet Health Insurance for Pets program, the most comprehensive full-coverage pet health insurance plan in the industry. Vsurance provides pet and horse resource centers through the Internet including VetpetMD™, Spot the Pet™, and Purrfect Pet Club™. Programs include life, liability, and health insurance for pets, horses, and other companion animals.

 

VSUR News:

 

December 13 - Vsurance, Inc. Completes Software Module for Insurance Platform

 

Vsurance, Inc. (OTCBB: VSUR), a leading provider of pet health insurance, announced that it has completed development of its profiles module for its pet insurance computer operating system. PETWARE is the name of the Company’s proprietary insurance software platform.

 

PETWARE will now allow policyholders 24-hour access to modify insurance coverage, payment methods, ability to cover additional pets, and remote viewing of their insurance file. PETWARE is a unique insurance software system, which provides health insurance administration capabilities in a property casualty platform. Pet insurance policies are classified by State Insurance Departments as a form of property insurance. Empowering policyholders with this tool provides not only convenience but it reduces administration cost to the Company as well.

 

“We are very excited to announce the completion of the PETWARE profiles module. The PETWARE software platform will reduce our administrative costs while providing outstanding online service to pet owners,” stated Russell Smith, CEO of Vsurance, Inc. “The PETWARE platform was modeled after the systems used by GEICO® and Esurance®, both of which have been extremely innovative with Internet insurance systems for policyholders. This is an important milestone for the Company as we move forward with our aggressive growth plan.”

 

COMPLIANCE SYSTEMS (OTCBB: COPI)

"Up 25.00% in morning trading"

 

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

 

Compliance Systems Corporation, through its subsidiaries, provides compliance technologies, methodologies, and services to the teleservices industry. It primarily offers a compliance technology called the TeleBlock Call Blocking System, a patented process that automatically screens and blocks outbound calls against federal, state, and in-house do-not-call lists. The company also offers Regulatory Guide, an online and up-to-date compilation of state and federal telemarketing laws, as well as ongoing compliance auditing services. It is also developing Registration Guide, an online system designed to assist telemarketers to fill out state commercial registration forms. In addition, the company provides voice-over Internet protocol services. The company was incorporated in 2002 and is headquartered in Glen Cove, New York.

 

COPI News:

 

December 13 - Compliance Systems Corporation Retains The Investor Relations Group of New York

 

Compliance Systems Corporation (OTCBB: COPI) (www.callcompliance.com), a telecom service company focused on providing compliance technologies, methodologies, and services to the teleservices industry through their proprietary product, TeleBlock Call Blocking System, has retained the Investor Relations Group, Inc. (IRG) of New York City, to serve as its investor relations and corporate communications firm.

 

“We are pleased to have the Investor Relations Group become an integral part of communicating our story to the investor community and the media at large,” said Dean Garfinkel, Chairman and CEO of Compliance Systems Corporation. “Our range of product and service solutions is designed to ensure regulatory and statutory compliance within calling environments. We remain focused on moving forward and extending our products to a vast cross-section of industries, and believe our relationship with IRG will help facilitate these goals.”

 

About the Investor Relations Group, Inc.

 

The Investor Relations Group, Inc. (IRG) offers a full-service corporate communications program designed to suit the many unique needs of small-cap companies. The program utilizes a proprietary, targeted approach to reach institutional investors, analysts, and the media-at-large. For further information, please visit the company website at www.investorrelationsgroup.com.

 

DANA CORPORATION (OTC: DCNAQ)

"Up 52.38% in morning trading"

 

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

 

Dana is a world leader in the supply of axles, driveshafts and structural, sealing, and thermal management products, as well as genuine service parts. The company's customer base includes virtually every major vehicle and engine manufacturer in the global automotive, commercial vehicle, and off-highway markets, which collectively produce nearly 70 million vehicles annually. Based in Toledo, Ohio, the company's continuing operations employ approximately 35,000 people in 26 countries and reported 2006 sales of $8.5 billion, with more than half of this revenue derived from outside the United States. For more information, visit www.dana.com.

 

DCNAQ News:

 

December 12 - Bankruptcy Court Asks Dana to Submit Order Confirming Plan of Reorganization

 

During a confirmation hearing today for Dana Corporation's (OTC: DCNAQ) Chapter 11 case, Judge Burton R. Lifland of the U.S. Bankruptcy Court for the Southern District of New York announced that he will "entertain an appropriate order of confirmation" with respect to the company's Plan of Reorganization. The judge ruled that all Chapter 11 requirements for confirmation have been satisfied. The company is expected to submit the order of confirmation by Dec. 21, 2007. As previously announced, the company is positioned to emerge from bankruptcy by the end of January 2008.

 

"This is another important step toward our emergence as a financially stable company that is positioned to compete vigorously in our global markets," said Dana Chairman and CEO Mike Burns.

 

STEREO VISION ENTERTAINMENT NEW (OTCBB: SVSN)

"Up 24.00% in morning trading"

 

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

 

Stereo Vision Entertainment, Inc. operates as a film production company with a focus on 3-D feature films. The company intends to produce and distribute 3-D feature films to capitalize on the mass distribution platform that is coming online. It seeks to produce new and existing feature films in 2-D and 3-D format for theatrical and direct to DVD release, as well as music albums. The company also focuses on licensing its films to the video gaming industry. Stereo Vision Entertainment was founded in 1999 and is based in Van Nuys, California.

 

SVSN News:

 

December 13 - StereoVision Gets Three Picture Distribution Deal with Capitol Films

 

StereoVision Entertainment, Inc. (OTCBB: SVSN) (www.stereovision.com), a film production company focused exclusively on developing low cost, high-quality, polarized 3-D feature films, announced that a multimillion dollar, three picture distribution agreement has been made with Capitol Films Limited.

 

StereoVision’s founder and Chief Executive Office Jack Honour stated: “We’re very pleased to have the opportunity to work with David Bergstein and Capitol Films. David has gone the extra mile in providing StereoVision with this valuable opportunity. Having a quality distributor like Capitol Films in place allows us to negotiate the best possible terms for the financing of StereoVision’s slate of movies.”

 

Capitol Films Chairman David Bergstein added: “We believe the timing is perfect to exploit StereoVision’s theatrical 3-D movie model. There is going to be an exponentially growing demand for theatrical 3-D movie content, and we’re happy to work with StereoVision towards their becoming a leading supplier of that content.”

 

About Capitol Films

 

Capitol Films is an international film production, financing, and sales company. Founded in 1989, Capitol Films has distributed more than 100 feature films and continues to increase its library by 5 to 10 films a year. Credits include Robert Altman’s “A Prairie Home Companion,” the third Altman movie in a row to be handled by Capitol after “Gosford Park”, and “The Company.” Capitol Films’ library of more than 100 titles includes “Drowning Mona,” “Simple Men,” and more recently, the critically acclaimed hit “Alpha Dog” with Justin Timberlake. For more information, please visit www.capitolfilms.com.

 

INROB TECH (OTCBB: IRBL)

"Up 20.00% in morning trading"

 

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

 

Inrob Tech, Ltd., through its subsidiaries, provides engineering products and services for the maintenance of equipment, and the integration and production of advanced wireless control solutions for unmanned ground vehicle (UVR) robots for use in military and law enforcement applications. It offers remote control systems, complete robot systems, and customized solutions. The company also provides maintenance services for laboratory equipment, including testing and measurement equipment, temperature chambers, and x-ray equipment; industrial equipment, such as balance machinery, presses, cleaning equipment, and production lines; scientific and medical equipment, including spectrometry equipment, laser apparatuses, and analytical tools; closed circuit television systems, such as cameras, monitors, and traverse sensors; optical equipment, including cameras and boroscopes; command and control equipment, such as transmission and reception systems, control systems, and robots; audio equipment, including recording equipment, announcing systems, amplification systems, and sound systems; various other equipment, such as power generators, fail-safe products, projectors, and control rooms. In addition, it targets the civilian applications market, which includes solar powered equipment, as well as nuclear plant maintenance, inspection, and decommissioning; the demolition industry; and firefighting and rescue services. The company was founded in 1988 and is based in Las Vegas, Nevada.

 

IRBL News:

 

December 13 - InRob Granted New Business License

 

InRob Tech Ltd. (OTCBB: IRBL) ("InRob") a leader in advanced wireless control systems for unmanned ground vehicles (UGV), announced that the company has been granted a new business operating license.

 

InRob Tech has been worked closely with its legal and other advisors over the past months to complete the process. The new license classifies InRob for the engineering, development, manufacture, and maintenance of advanced systems.

 

In addition to this new business license, InRob holds the ISO-9001 certification to design, manufacture and maintain electronic, optical and electro-mechanical equipment. InRob is also a certified supplier to the Israel Defense Forces and the Israeli Air Force.

 

Nissim Lavi, InRob's General Manager commented. "We are pleased to announce that we have been granted this new operating license. This step will further increase the confidence of our customers, strategic partners, shareholders and other stakeholders."

 

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