Dallas, TX 2/16/2008 12:38:39 AM
News / Finance

OTCPicks.com Daily Market Movers Digest Midday Report for Friday, February 15th MVIV, SPNG, MEVT, FMNJ, CJGH, CWRM

Our Stocks to Watch today include Mvive, Inc. (OTC: MVIV), SpongeTech Delivery Systems, Inc. (OTCBB: SPNG), MSE Enviro-Tech Corporation (MEVT), Franklin Mining, Inc. (OTC: FMNJ), China Jiangsu Golden Horse Steel Ball, Inc. (OTC: CJGH), Cotton & Western Mining, Inc. (OTC: CWRM)

 

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MVIVE INCORPORATED (OTC: MVIV)

 

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

 

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

 

Toronto-based Mvive Inc., through its wholly owned subsidiary Mvive Media Group Inc., has become a founding member in the new mobile messaging revolution. As the need for information on the go increases exponentially, Mvive provides unique solutions to deliver rich content and multimedia services through the Internet and mobile devices. For more information, visit the company's Web site at http://www.mvive.com/.

 

MVIV News:

 

February 14 - AllPennyStocks.com Spotlights MVive Media Group, Inc.

 

AllPennyStocks.com Media, Inc. (http://www.allpennystocks.com/), a leading penny stock / small-cap information site, released its latest spotlight company MVive Media Group, Inc. (OTC: MVIV).

 

Mvive is a leading-edge, permission based mobile marketing service and technology provider. The Company's objectives are to convert their proprietary mobile marketing technology onto a fully commercial system in order to accommodate the anticipated growth and demand from a wide-open global marketplace.

 

Mvive signed up over 800 retailers to participate in a beta test of Mvive's mobile coupon delivery system technology. These retailers included individual franchisees within major chains such as Pizzaville, Second Cup, New York Fries and La Senza. This is the largest number of retailer sign ups in North America by a company for mass delivery of mobile coupon services.

 

The Struthers Report has picked Mvive as its number one pick and the next Research in Motion (the makers of Blackberry), in the technology sector. The Struthers Report was one of the first publications to identify and recommend Research in Motion (RIM) ten years ago when it was a virtually unknown hardware provider. Since the initial Struthers Report on RIM, the stock has increased over 8,000% and shows no signs of slowing down. The full report can be viewed at Mvive's website at http://www.mvive.com/ by clicking on the Struther's Report, on the home page.

 

SPONGETECH DELIVERY SYSTEMS (OTCBB: SPNG)

"Up 10.34% in morning trading"

 

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

 

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

 

SpongeTech Delivery Systems is a production stage company which designs, produces, markets and distributes cleaning products for vehicular use utilizing patented technology relating to sponges containing hydrophilic (liquid absorbing) foam polyurethane matrices. The Company's sponges are specially configured with an outer contact layer and an inner matrix, which is loaded with specially formulated soaps and wax that are released when the sponge is applied to a surface with minimal pressure. The Company's products are currently designed specifically for vehicular cleaning use. However, the Company is exploring the possibility of using its patented technology for the development of sponges for other uses, including for use with anti-bacterial, bath and kitchen soaps for household uses, as well as for use as a children's bath foam sponge.

 

SPNG News:

 

February 15 - SpongeTech Delivery Systems, Inc New Commercial To Air Nationally Starting on President's Day

 

SpongeTech Initiates an Advertising Contract that will Run for the Next Six Months and Reach Millions of Viewers

 

SpongeTech Delivery Systems, Inc. (OTCBB: SPNG) announced that the company will start airing a new commercial for its Auto Wash & Wax System on Monday, February 18th (President's Day). The commercial will run on a variety of cable and satellite channels. The company has initiated an advertising contract that calls for the commercial to run for the next six months, and will reach millions of viewers daily. The company will have telephone operators standing by to take phone orders and the company will likely add more online ordering capabilities as they update their web site in the near future.

 

SpongeTech's COO Steven Moskowitz commented, "This is a big step for SpongeTech and we are excited about this new TV advertising program. We have been consistently increasing our marketing and advertising programs over the last six months, but this new TV advertising deal should catapult our company's direct sales to a new level. Direct sales of products tend to have higher profit margins and will help the company achieve and maintain higher net margins as our production and fulfillment volumes increase throughout the year. We are expecting a good level of return for this investment in TV advertising and we will keep our investors in the loop providing periodic updates on how sales are going as a result of the TV advertising."

 

For more information please contact Investor Relations at 1-877- SPONGE T for Bill Young or visit the company Web site at http://www.spongetech.com/.

 

MSE ENVIRO-TECH CORPORATION (OTC: MEVT)

 

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

 

Company Profile: http://www.otcpicks.com/mse-enviro/mse-enviro.htm

 

MSE Enviro-Tech Corporation (MEVT), a company incorporated under the laws of the State of Delaware, is an agent in technology transfer, dedicated to providing access to world class technologies available today.

 

Many innovative technologies never gain significant market adoption in the marketplace. This occurs even when there is a major investment in the technology. The common reason for the slow market adoption of innovative technology centers on the challenges of field execution in gaining commitment from high adopting, decision making, prospects. Slow adoption also occurs because of the great expense and long time frames needed to build highly effective sales channels, sales teams and a market presence.

 

MEVT strives to seek out technologies that meet some or all of the following criteria: a significant technological advancement, have a global market and are socially and environmentally responsible. Our focus is to partner with innovative technology companies and facilitate the adoption of their technologies with our established prospect organizations.

 

Using a market driven approach to facilitate the identification and acquisition of external technologies, MEVT transfers proprietary technologies to beneficial companies to help develop superior products resulting in a strategic marketplace advantage.

 

MEVT provides comprehensive solutions for transferring new technologies, managing intellectual property and providing intellectual property consultation. In exchange for facilitating the integration of these technologies into a company’s portfolio MEVT is compensated in the form of cash payment, percentage of gross revenues, equity securities or a combination thereof.

 

MEVT News:

 

February 14 - Michael S. Robinson, President and CEO of MSE Enviro-Tech Corp. is the Featured Guest in an Audio Interview at SmallCapVoice.com

 

SmallCapVoice.com, Inc. announced that a new audio interview featuring, Michael S. Robinson, President and CEO of MSE Enviro-Tech Corp. (OTC: MEVT) is now available at SmallCapVoice.com. Mr. Robinson provides his personal insight into The Company’s exciting product line and talked about the upcoming demonstration of the Titan 21 Fire Blanket for the Windsor Fire and Rescue Service in Windsor, Ontario, Canada. Visit www.smallcapvoice.com/mevt/mevt-2-12-08.php to hear the interview.

 

FRANKLIN MINING INCORPORATED (OTC: FMNJ)

"Up 27.27% in morning trading"

 

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

 

Franklin Mining, Inc., an exploration stage company, engages in the exploration, development, and mining of precious and nonferrous metals. It primarily focuses on gold, silver, tin, lead, copper, and zinc metals. The company has a joint venture contract with COMIBOL to develop and mine a section of the Cerro Rico Mine, known as the Palivairi project. It also owns 51% interest in the Pulacayo tailings project. In addition, Franklin Mining holds interests in the Franklin Mines located in Clear Creek County, Colorado; the Rio Grande GTL project located in Bolivia; and the Tierra Del Fuego gas industrialization project in Argentina. The company was founded in 1864. It was formerly known was WCM Capital, Inc. and changed its name to Franklin Mining, Inc. in 2003. Franklin Mining is based in Las Vegas, Nevada with additional offices in La Paz and Santa Cruz, Bolivia.

 

FMNJ News:

 

February 14 - Escala's Gold Reserves Projected to Be Greater Than Expected

 

Franklin Mining, Inc. (OTC: FMNJ) (Frankfurt: FMJ) CEO, William Petty, confirms that Franklin will begin taking gold from the first of its four known sources within their 500 hectare concession from COMIBOL.

 

The first mining specifically for gold will begin at the Cerro Blanco, the nearest of the four sites to where Franklin is presently mining silver, zinc and lead.

 

The initial discovery of gold at the Escala was made in early-1993. Within the year, a 70,000 square meter area at Cerro Blanco was gridded and 134 systematic samples returned an average 1.2 grams of gold per ton.

 

A series of 783 continuous and contiguous three meter chip samples were taken from within an approximate 35,000 square meter area after bulldozer benching and diamond drilling. This second set of samples confirmed earlier results. Gold mineralization was strongly zoned and contained significant sections above 1.0 grams per ton. The average of 60% of all samples was 0.51 gram per ton; the average of the remaining 40% was 1.16 grams per ton. At the highest end of the range of all assay results, there were a few as high as 2.8 and 3.9 grams per ton.

 

Additional information on Franklin's plans for mining at the Escala is available at http://www.franklinmining.com/, specifically in multiple Letters from the President to be posted during February 2008.

 

ABOUT THE ESCALA MINE

 

Comprising three separate mining applications, COMIBOL's Escala Mine concession totals 2,000 hectares located in the Sud Lipez Province, near Bolivia's border with Argentina. Franklin Mining, Bolivia has been awarded a contract to mine 500 hectares within the original concession. Escala II and Escala III mining applications are currently assigned to another company.

 

The original Escala Mine was established during the Spanish colonial period and has been mined for lead, zinc, gold and silver. In 2007, Franklin Mining, Bolivia negotiated an agreement with COMIBOL, National Mining Company of Bolivia, to resume mining operations within the area of the original concession.

 

CHINA JIANGSU GOLDEN (OTC: CJGH)

"Up 22.45% in morning trading"

 

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

 

China Jiangsu Golden Horse Steel Ball, Inc., is one of the leading corporations manufacturing steel balls bearings in China, and it is also an enterprise producing stainless steel balls appointed by the coal industry department. The major products include steel balls bearings classified as G5,G10,G16 with the specifications of Φ1.0mm Φ31.75mm and stainless and carbon steel balls with various specifications. These products are registered as "XI Ball" brand. Golden Horse Steel Ball manufactures various kinds of non-standardized steel balls and a highly effective vibration isolating lubricant. Our company currently employs 350 employees, of which 50 employees are engineers. The company's headquarters resides on a 20,000 square meter area of land. The steel balls manufactured by our company corporation have been awarded products of quality certificate and clinched the title of famous products produced by township enterprises of Jiangsu province. In recent years, through the cooperation with THT professional steel balls manufacture enterprise (Japan), the level of management, manufacturing processes and techniques has been increased continuously. The quality of steel balls is up to the top world-class and earns very good reputation among the steel balls manufacturing companies. In 1997 the corporation had obtained the Certificate ISO9002 Quality System issued by the China Quality Recognition Center, and we had got the certification to self export and import freely from abroad in 2001. Now the corporation has been awarded the Certificate of Recognition by the American QS9000 Quality System as well as TS16949 from UK IRQA in Jan. 2006. After being assessed by the Jiangsu Far Eastern International Certified Valuators Corporation Ltd., we have been ranked as AAA Enterprise of the year 2003. The manufacturing scale of the corporation is on the list of the ten biggest steel ball bearings manufacturing factories and our quality is one of the top five in China. The corporation positively introduces new technique and material to develop new products and has developed 15 new products, such as stainless steel balls, aluminum and ceramics balls. In addition, the corporation is expanding foreign trade business and its products have been exported to over twenties countries and areas, including America, Japan, Spain, Italy and India, Brazil Australia, Germany, Taiwan, Hongkong, Vietnam and others.

 

CJGH News:

 

February 12 - China Jiangsu Golden Horse Steel Announces Common Share Reduction

 

China Jiangsu Golden Horse Steel Ball, Inc. (OTC: CJGH) (Frankfurt: 4J3) ("Golden Horse" or "the Company"), a leading Chinese manufacturer and supplier of ball bearings, announced today a capital restructure of its common stock. As of 11 February 2008, twenty (20) million common shares have been retired to treasury, leaving the total shares outstanding at 27,510,217.

 

COTTON & WESTERN MINING (OTC: CWRM)

"Up 37.50% in morning trading"

 

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

 

Cotton & Western Mining, Inc. (the “Corporation”), a pubic corporation traded under the symbol CWRM, was founded in early 2005 as a Nevada Corporation by Robert L. Cotton, with a specific plan and goal in mind; that being, to operate a low cost and high profit junior “Iron Mineral Mining” company. Iron ore mining can be a simple low-tech process or a very expensive and sophisticated undertaking.

 

CWRM News:

 

February 15 - CWRM Receives $6,627,445.00 in Quotes for Baja Mining Equipment

 

Cotton & Western Mining, Inc. (OTC: CWRM), Robert L. Cotton, President & C.E.O. of Houston-based Cotton & Western Mining, said today that the company has received all of its quotes from Valley Equipment for specialized mining equipment together with other quotes for heavy equipment, trucks and trailers for its Baja California metal minerals project. Prospective end-users are visiting the sites this week and next week and the company expects to execute off-take agreements before the end of February for both crude iron ore fines and crude copper ore lump from its new metal mineral properties.

 

The company anticipates production of crude iron and crude copper ore to begin no later than June, 2008 with modest expectations for production of ores.

 

The company has received several offers within the last few weeks for off-take agreements for both the iron ore and copper ore production from its Baja Pacific No. 5 mineral deposit. Bench mark pricing for the first quarter of 2008 for raw crude iron ore in fines at minimum 64.5% Fe is $62.00 F.O.B. per each dry metric ton and bench mark pricing for the first quarter of 2008 for raw crude copper ore in lump at minimum 28% Cu is $1,350.00 C.I.F. per each dry metric ton. The company is planning on setting up production of copper ore at 10,000 DMT per month and production for iron ore fines will be set at 150,000 DMT per month.

 

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