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)
Visit http://www.otcpicks.com/ to register for our Daily Market Mover’s Digest Newsletter, and Email Stock Watch Alerts.
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
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
Fax: (631) 254-7140
Credit Suisse Securities (
Prospectus Department
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
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
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
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
"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
GPXM News:
December 26 - Golden
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
The claims were staked during the past three months and have been recorded in
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
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,
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
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 has not been compensated by any of the companies covered in this release. 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: