Dallas, TX 12/27/2007 1:34:13 AM
News / Finance

OTCPicks.com Daily Market Movers Digest Midday Report for December 26th MRVC, LTTC, UTLM, GPXM, NSOL, ZHNP

Our Stocks to Watch today include MRV Communications, Inc. (NASD: MRVC), Lattice Incorporated (OTCBB: LTTC), USTelematics, Inc. (OTC: UTLM), Golden Phoenix Minerals, Inc. (OTCBB: GPXM), Nuclear Solutions, Inc. (OTCBB: NSOL), Zhongpin Inc. (OTCBB: ZHNP)

 

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MRV COMMUNICATIONS (NASD: MRVC)

"Up 19.42% in morning trading"

 

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

 

MRV Communications, Inc. engages in the design, manufacture, sale, distribution, integration, and support of communication equipment and services, and optical components. It operates in two divisions, The Networking Group and The Optical Components Group. The Networking Group division provides equipment, which includes switches, routers, physical layer products, and console management products, as well as networking products for aerospace, defense, and other applications, including voice and cellular communication. This division serves commercial customers, governments, and telecommunications service providers. The Optical Components Group division designs, manufactures, and sells optical communications components, including fiber optic transceivers for metropolitan, access, and Fiber-to-the-Premises applications. The company also focuses on developing optical components, subsystems and network equipment, and other products for the infrastructure of the Internet. It sells its products through direct sales force, manufacturers' representatives, value-added-resellers, distributors, and systems integrators worldwide. The company was founded in 1988 as MRV Technologies, Inc. and changed its name to MRV Communications, Inc. in 1992. MRV Communications is headquartered in Chatsworth, California.

 

MRVC News:

 

December 26 - Source Photonics, Inc. (formerly Luminent, Inc). Files Registration Statement for Initial Public Offering

 

MRV Communications, Inc. (NASD: MRVC) and Source Photonics, Inc. (a wholly-owned subsidiary of MRV, formerly Luminent, Inc.) announced that a registration statement has been filed with the U. S. Securities and Exchange Commission for the proposed underwritten initial public offering of the Class A common stock of Source Photonics. The number of shares to be offered and the price range of the proposed offering have not yet been determined.

 

Cowen and Company, LLC and Credit Suisse Securities (USA) LLC are the joint bookrunning managers for the proposed offering. Co-managers for the offering are Needham & Company, LLC and Merriman Curhan Ford & Co.

 

The proposed offering will be made only by means of a prospectus. When available, copies of the preliminary prospectus related to the offering can be obtained from either of the following:

 

Cowen and Company, LLC

c/o Broadridge Financial Solutions

Prospectus Department

1155 Long Island Avenue

Edgewood, NY 11717

Fax: (631) 254-7140

 

Credit Suisse Securities (USA) LLC

Prospectus Department

One Madison Avenue

New York, NY 10010

Telephone: (800) 221-1037

 

LATTICE INCORPORATED (OTCBB: LTTC)

"Up 60.87% in morning trading"

 

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

 

Lattice Incorporated, through its subsidiaries, engages in the design, development, and implementation of business management applications, integration technologies, and enterprise geospatial systems in the United States. It provides engineering services coupled with information technology solutions to the federal government and private industry. The company specializes in the design and implementation of enterprise geographic information systems, enabling the vision of public and private sector clients for cross-organization data sharing, as well as develops Web services applications and geospatial solutions. It also performs spatial analysis and risk assessment modeling for the military medical application. In addition, Lattice provides technical and management consulting services, including network engineering, architectural guidance, database management, programming, and functional area analysis to its department of defense clients. The company's products include Aquifer, a software architecture that provides users the ability to develop and manage applications in a secure distributed computing environment; Commander call control system that provides call control and management tools targeted at investigation and law enforcement in the inmate telephone control industry; MinuteMan, a prepaid card system for smaller prepaid card vendors; and SensorView, which provides clients with the capability to command, control, and monitor multiple distributed chemical, biological, nuclear, explosive, and hazardous material sensors. In addition, the company provides software consulting and development services to United States federal governmental agencies. Lattice markets its products through direct sales team to IT organizations, systems integrators, and IP carriers. The company, formerly known as Science Dynamics Corporation, was incorporated in 1973. It changed its name to Lattice Incorporated in February 2007. Lattice is based in Pennsauken, New Jersey.

 

LTTC News:

 

December 26 - Lattice Announces Record Backlog of $84.0 Million

 

Lattice Incorporated (OTCBB: LTTC) (“Lattice” or the “Company”), a provider of advanced information and communications technology solutions to key government agencies and enterprise customers, is announced that the Company’s backlog of contract wins reached a record $84.0 million as of November 30, 2007.

 

“We are extremely pleased with the progress we have made in the execution of our business plan and with the visibility we have into our revenues going forward,” said Paul Burgess, Lattice’s Chief Executive Officer. “Our ability to win significant contracts demonstrates the strength of our business model and of our customers’ acceptance of our solutions.”

 

Lattice calculates its backlog as contracts awarded to the Company or its subsidiaries, representing the estimated revenues it expects to derive from these contracts over their remaining lives. The Company’s backlog is not necessarily funded and there is no guarantee these revenues will be realized.

 

USTELEMATICS INCORPORATED (OTCBB: UTLM)

"Up 32.69% in morning trading"

 

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

 

USTelematics, Inc. intends to engage in the research, development, manufacture, and marketing of proprietary broadband telecommunications and electronic entertainment products for use in moving vehicles primarily in the United States. Its principal hardware products include Voyager, a line of devices for receiving digital television in moving vehicles; and Vivee, an online service with associated products that �speak' email and text messages, from a human-like avatar, to unify mobile messaging and enhance the safety of communicating while driving. The company also plans to engage in e-services re-selling. It would offer its products online at ustelematics.com, as well as through the home satellite TV installer channel. The company was founded in 2005. It was formerly known as Mobilier, Inc. and changed its name to USTelematics, Inc. in 2006. The company is based in Wood Dale, Illinois.

 

UTLM News:

 

December 26 - USTelematics CEO Howard Leventhal to Appear on Hit CNBC Talk Show 'The Big Idea with Donny Deutsch' on December 27, 10PM ET

 

USTelematics, Inc. (OTC: UTLM), deploying proprietary technology and market-disruptive products at the forefront of the connected-car revolution, announced today that Company Chief Executive Officer Howard Leventhal has been scheduled to appear on the hit CNBC television talk show, “The Big Idea with Donny Deutsch,” during the show's original "Road to CES" series, to discuss his vision and business objectives for USTelematics. The national cable TV network airing is scheduled for Thursday, December 27 at 10 p.m. Eastern.

 

According to CNBC's website "The Big Idea's Road to CES is an unprecedented four-part series that provides you with the tools and strategies needed to truly bring your small business or Big Idea to next level. You'll hear directly from the innovators and leaders who have flawlessly executed their business plans for success... and are giving you the secrets to do the same. From making your first million to becoming a household name - Your Roadmap to the American Dream starts right here."

 

“The Big Idea” is hosted each weeknight by maverick CEO Donny Deutsch, who built a multi-billion dollar advertising and media business. On his program, Mr. Deutsch creates a “daily roadmap to the American dream,” interviewing the nation’s most successful and creative business entrepreneurs, as well as leading figures in media and entertainment, such as NBC News Anchor Tom Brokaw and popular comedian Jeff Foxworthy.

 

Mr. Deutsch conducts wide-ranging talks with his guests to share knowledge and insights with the viewing public about how business luminaries and budding entrepreneurs alike have generated billions in revenues and achieved success in their fields.

 

During the show Mr. Leventhal discusses USTelematics’ long term financial goals, in light of the Company’s attendance at the upcoming 2008 International Consumer Electronics Show (CES) where the Company will be featuring its Voyager™ Mobile IPTV and rear-seat entertainment system, and its Vivee™ voice enhanced mobile messaging products.

 

“’The Big Idea’ is a great venue for discussion of USTelematics,” said Mr. Leventhal. “Donny's show is all about entrepreneurship, creativity and the bottom line. It's about using business as a means of creative expression while simultaneously disciplining yourself and your company to provide a great return on invested time and money. This theme is a reflection of our own; of what drives us, what gets us out of bed every morning and what makes USTelematics one of the great stories presently emerging. Now that we have successfully translated initial inspiration into real products coming out at CES in a couple weeks, we are eager to reach as wide an audience as possible.”

 

USTelematics has outlined an aggressive set of goals for this year’s CES event, including new purchase orders and finalizing relationships with a range of retailers, from the big box chains to small and mid-size retailers. One of the world’s leading venues for the introduction of new and innovative electronics and technology products, the International CES will be held January 7-10 in Las Vegas.

 

For more information about “The Big Idea with Donny Deutsch,” and its "Road to CES" series, visit http://www.cnbc.com/id/22206030/site/14081545/. Shows and guest appearances are frequently edited for the fastest possible pace.

 

GOLDEN PHOENIX MINERALS (OTCBB: GPXM)

"Up 14.00% in morning trading"

 

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

 

Golden Phoenix Minerals, Inc. engages in the operation, exploration, and development of mineral properties in Nevada and the western United States. It primarily focuses on properties containing gold, silver, and other strategic minerals. The company's mining properties include Ashdown molybdenum-gold project consisting of 101 unpatented mining claims, which is located approximately 115 miles northwest of Winnemucca in Humboldt County, Nevada; and Mineral Ridge gold mine that consists of 54 patented and 140 unpatented mining claims totaling approximately 3,880 acres, which is located four miles northwest of the town of Silver Peak. It also holds interest in the Northern Champion property, a molybdenum property comprising five claims covering approximately 880 acres in Griffith and Broughham townships in the Province of Ontario, Canada; and the Lone Mountain Mill property, which is located in Esmeralda County, Nevada. The company was founded in 1997 and is based in Sparks, Nevada

 

GPXM News:

 

December 26 - Golden Phoenix Announces Major Expansion of Mineral Rights at Ashdown Molybdenum Mine

 

Golden Phoenix Minerals, Inc. (OTCBB: GPXM) announced the completion of a staking program that has added 193 claims to the Ashdown Molybdenum Mine in northwestern Nevada. This represents a 191% increase in unpatented load claims under the control of Golden Phoenix and its partner, Win-Eldrich Mines, Ltd., bringing the total land package of the Ashdown Project LLC to 294 claims covering 5,880 acres along trend.

 

The claims were staked during the past three months and have been recorded in Humboldt County and filed with the Bureau of Land Management. One block of claims extends to the west, and links the mine, which is located on Federal lands, with the mill and tailings facilities built on private property under long-term lease to the Project. A second block of claims adjoins the southern boundary of the mine, following quartz outcroppings and moly shows on-trend along the Pine Forest Range.

 

David A. Caldwell, CEO of Golden Phoenix, commented on the acquisition of additional mineral rights, "When you have an ore body of such extraordinary grade, it is simply good mining practice to consolidate your holdings in order to protect your future. By nearly tripling our Ashdown claim area to over nine square miles, we have built a land bridge between the mine and mill while locking up exploration sites showing significant promise to the south. This gives our mine planners greater flexibility to develop the asset and offers the shareholders of both partners potential for future value to be uncovered."

 

NUCLEAR SOLUTIONS (OTCBB: NSOL)

"Up 5.47% in morning trading"

 

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

 

Nuclear Solutions, Inc. engages in the research, development, and commercialization of product technologies and processes for homeland security and defense, nuclear remediation, synthetic ethanol production, and nano-technology applications in the east and gulf coasts of the United States. It develops gravimetric shielded nuclear material/portable nuclear weapon detector technology to screen trucks and shipping containers for the presence of shielded nuclear weapons useable materials, such as uranium and plutonium; embeddable nuclear micro-batteries that supply power for micro motors, remote sensors, computer chips, medical devices, and for other defense and aerospace applications; and tritiated water remediation technology to reduce the volume of stored water contaminated with tritium, the radioactive isotope of hydrogen. The company, through its subsidiaries, also engages in the development of facilities to produce alternative fuels from waste materials and bio-ethanol through fermentation processes. In addition, it designs, constructs, and operates multiple gas-to-liquid synthetic fuel synthesis facilities to transform waste materials, such as used tires, solid and municipal wastes, waste coal, biomass, and other societal refuse into gas-to-liquid fuels, such as ultra-clean diesel and synthetic ethanol. Nuclear Solutions has a strategic relationship with Multipartner, LLC for consulting and developmental services in Europe. The company was founded in 1997. It was formerly known as Stock Watch Man, Inc. and changed its name to Nuclear Solutions, Inc. in 2001. The company is based in Washington, D.C.

 

NSOL News:

 

December 26 - Inter-Americas, Inc. Makes Offer for Nuclear Solutions, Inc.

 

Inter-Americas, Inc. (IA), a private-financial resources and investment company, dedicated to emerging and leading edge technologies while focusing on environmental renewal, conservation and protection, announced a $110 million unsolicited cash bid to purchase Nuclear Solutions, Inc. (OTCBB: NSOL).

 

In a December 21, 2007 letter to Nuclear Solutions, Inc., Inter-Americas, Inc. outlined its intention to purchase all outstanding common stock (on a fully diluted basis), assets, technologies, current and future business operations and its wholly-owned subsidiary Fuel Frontiers, Inc. (FFI).

 

"Inter-Americas' acquisition of Nuclear Solutions will allow for greater facilitation of technologies and businesses within our consortium of companies. The integration of Fuel Frontiers' plasma conversion technology with Full Circle Energy, Inc. thermal technologies, one of IA's consortium companies, will create greater opportunities for expansion and the capturing of market share within the fast-growing alternative energy markets," said Larry Romano, president, Inter-Americas, Inc.

 

The flexible technological approach of FFI in adapting to the fuel crisis using multiple strategic sites and potential feedstock sources to produce biofuels/biodiesel and integrating this with other consortium companies' system makes this acquisition a win-win for IA. With FFI and Full Circle Energy's technology and flexibility to change the catalyst they can adapt and produce what is in demand.

 

ZHONGPIN INCORPORATED (OTCBB: ZHNP)

"Up 9.03% in morning trading"

 

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

 

Zhongpin is a meat and food processing company that specializes in pork and pork products, and fruits and vegetables, in the PRC. Its distribution network in the PRC spans more than 20 provinces and includes over 2,800 retail outlets. Zhongpin's export markets include the European Union, Eastern Europe, Russia, Hong Kong, Japan and South Korea. For more information, contact CCG Elite directly or visit Zhongpin's website at http://www.zpfood.com.

 

ZHNP News:

 

December 20 - Zhongpin Approved to List on the Nasdaq Global Select Market

 

Zhongpin Inc. (OTCBB: ZHNP) ("Zhongpin"), a leading meat and food processing company in the People's Republic of China ("PRC"), announced that it has received approval for listing on the Nasdaq Global Select Market.

 

Zhongpin plans to start trading on the Nasdaq Global Select Market from December 27, 2007. Nasdaq has reserved HOGS as the trading symbol for Zhongpin's common stock.

 

"We are extremely pleased to be approved to list our common stock on the Nasdaq Global Select Market," commented Mr. Xianfu Zhu, Chairman and CEO of Zhongpin. "Having our common stock listed on the Nasdaq Global Select Market is an important part of our goal to increase our profile in the international markets as we help advance the modernization of China's meat processing industry. We believe that our listing on the Nasdaq will increase our visibility and liquidity as well as expand our pool of investors."

 

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