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Our Stocks to Watch today include SpongeTech Delivery Systems, Inc. (OTCBB: SPNG), ReelTime Rentals, Inc. (OTC: RLTR), ESS Technology, Inc. (NASD: ESST), Rockford Corporation (NASD: ROFO), OpenTV (NASD: OPTV), MSE Enviro-Tech Corp. (OTC: MEVT), Abviva, Inc. (OTCBB: AVVA), GTREX Capital, Inc. (OTCBB: GRXI), Warp 9, Inc. (OTCBB: WNYN)
For the complete newsletter please visit: http://www.otcpicks.com/daily-market-movers/index.php
For more in-depth coverage of small cap stocks visit http://www.otcpicks.com/ and http://www.otcpicks.com/marketreport.htm
SPONGETECH DELIVERY SYSTEMS (OTCBB: SPNG)
"Up 18.42% in morning trading on huge volume"
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.
REELTIME RENTALS INCORPORATED (OTC: RLTR)
"Up 8.11% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/RLTR.php
Company Profile: http://www.otcpicks.com/reeltime-rentals/reeltime-rentals.htm
ReelTime Rentals Inc. (sometimes referred to herein as RLTR or ReelTime.com) was incorporated under the corporate laws of the state of
ESS TECHNOLOGY (NASD: ESST)
"Up 24.16% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/ESST.php
ESS Technology, Inc. engages in the design, development, and marketing of DVD chip products. The company offers DVD decoder chips and Video CD chips, as well as certain legacy products, such as consumer digital audio chips, communication chips, and PC audio chips. DVD Decoder Chips enable consumers to play DVD, CD, VCD, DivX, MP3, JPEG, WMA, DVD audio, karaoke, and other audio and video formats. Its VCD chips include an MPEG1 video and audio system decoder that delivers video at 30 frames per second with selectable CD-quality audio. The consumer digital audio chips handle various audio formats, such as Dolby Digital, Dolby ProLogic, Dolby ProLogic II, Dolby Ex, Dolby Virtual Speaker, DTS Surround, DTS ES, MP3, WMA, DVD audio, and Sony's SACD audio, enabling consumer electronics manufacturers to build 5.1 channel audio video receivers that compliment the existing installed base of DVD players. It also delivers a single chip solution for home theater system applications. The company markets its products through its direct sales force, distributors, and sales representative to distributors, direct customers, and end-customers in the United States, China, Hong Kong, Taiwan, Japan, Korea, Turkey, Singapore, and in other countries internationally. ESS Technology was founded in 1984 and is headquartered in
ROCKFORD CORPORATION (NASD: ROFO)
"Up 45.36% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/ROFO.php
Rockford Corporation engages in designing, distributing, and assembling mobile audio systems. It offers digital and analog amplifiers, speakers, speaker enclosures, subwoofers, and accessories, such as amplifier wiring kits, fuses, circuit breakers, interconnect cables, speaker cables, stiffening capacitors, battery clamps, connectors, adaptors, and carpet/fabric/surface applications. The company also produces source units, enclosures, signal processors, digital media products, and other products. The company sells its products worldwide under the Rockford Fosgate, Lightning Audio, and Rockford Acoustic Design brand names. It offers its products to retailer stores operated by independent specialty dealers, audio/video retailers, consumer electronic chains, mass merchandisers, Internet retailers, and catalog merchants. Rockford Corporation was founded in 1980 and is headquartered in
OPENTV CORPORATION (NASD: OPTV)
"Up 38.00% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/OPTV.php
OpenTV Corp. provides software, content and applications, and professional services for digital and interactive television worldwide. It licenses middleware solutions and integrated technologies, which consist of OpenTV Core Middleware that supports a range of services, including electronic program guides, video-on-demand, personal video recorder (PVR), customer care, and interactive and enhanced applications; OpenTV PVR that enables network operators to deliver advanced personal video recording services to their subscribers; OpenTV Device Mosaic, a HTML browser designed specifically for information appliances other than personal computers; OpenTV Enterprise Solutions, the software components that are installed at a network operator's broadcast facility; and OpenTV development tools and support for third party application developers. The company also provides OpenTV Advanced Advertising Solutions that enable the creation, integration, delivery, sales, and management of addressable and interactive advertising for digital television systems; PlayJam, a multi-platform interactive television entertainment and games channel; and OpenTV Enhanced Content that delivers compelling interactive content. In addition, it involves in BettingCorp business, which includes fixed-odds and other betting and gaming applications; the development and operation of the Ultimate One platform; and the marketing of OpenTV Participate product, as well as offers a suite of engineering and consulting services, such as interactive television business consulting, middleware porting and integration, application customization and localization, launch management, and technology training services. It sells its products through direct sales organization to corporate enterprises, including network operators, programmers, advertisers, and set-top box manufacturers. The company was founded in 1998 and is headquartered in
MSE ENVIRO-TECH CORPORATION (OTC: MEVT)
"Up 7.69% in morning trading"
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
ABVIVA INCORPORATED (OTCBB: AVVA)
"Up 60.00% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/AVVA.php
Abviva, Inc., a development stage biomedical company, focuses on the commercialization of its owned and licensed assets for breast cancer diagnostics and for breast cancer therapeutic development. The company, through its subsidiary, Biomedical Diagnostics, LLC, involves in identifying, funding, and managing biotechnology companies that are engaged in the research and related product development in the fields of cancer and neurodegenerative diagnostics. Biomedical Diagnostics develops a screening diagnostic for breast cancer and focuses on developing screening diagnostics for the detection of ovarian and prostate cancers. Abviva also has approximately 38% equity interest in Prion Developmental Laboratories, Inc., which develops diagnostic tests to detect transmissible spongiform encephalopathies, such as mad cow disease in cattle, and chronic wasting disease in deer and elk. The company was founded in 1994. It was formerly known as Flexx Realm, Inc. and changed its name to Biolabs, Inc. in 1998; to Genesis Bioventures, Inc. in 2001; and to Abviva, Inc. in December 2007. Abviva is headquartered in
GTREX CAPITAL INCORPORATED (OTCBB: GRXI)
"Up 50.00% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/GRXI.php
GTREX Capital, Inc. conducts business in the travel industry. As of March 31, 2007, the company had one operating subsidiary, Global Travel Exchange, Inc., which offers Voyager Network travel distribution platform providing direct access to reservation systems of various travel suppliers, including airlines, cruise lines, hotels, car rental companies, and providers of other travel amenities worldwide. It searches for availability and price for the itinerary suggested by the buyer over various direct connected suppliers and global distribution systems; and presents the aggregated result in the format preferred by the buyer. The company was incorporated in 1999 and is headquartered in
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OTCPicks.com is fast becoming the premier Internet destination for investors seeking information on smallcap and microcap companies. The web site features companies in Profile Campaigns, Executive Interviews and Research Reports authored by our financial writers. We publish our Daily Market Movers Digest Newsletter to opt-in investor members. OTCPicks.com presents the latest information for the discerning small cap and microcap investor. The site features informative articles on microcap investing, the top penny stock picks, and a wealth of small cap research on vertical markets. To feature a company on OTCPicks.com, please contact our publisher, Brian Dean at 972-546-3740, or via email at publisher@otcpicks.com.
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 compensated eight thousand dollars by a third Party (Haynes Capital) for MEVT advertising and promotional services. OTCPicks.com has been compensated six thousand dollars and one hundred twenty five thousand free trading shares by a third party for RLTR advertising and promotional services. OTCPicks.com has been compensated seventeen thousand dollars by the company and four hundred thousand free trading shares by a non-controlling third party for multiple 30-day SPNG IR programs.
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.
