Dallas, TX 2/26/2008 1:51:40 AM
News / Finance

OTCPicks.com Daily Market Movers Digest Midday Report for Monday, February 25th SPNG, SGRP, VSTY, SSII

OTCPicks.com’s Daily Small Cap and Microcap Newsletter presents a range of the hottest small cap stocks on trading on the OTC and OTCBB markets.  In addition to our Newsletters, OTCPicks.com is quickly becoming the premier community destination for small cap and microcap traders to meet up and discuss their top stock picks. Visit http://www.otcpicks.com/ today to join this growing community.

 

Our Stocks to Watch today include SpongeTech Delivery Systems, Inc. (OTCBB: SPNG), SPAR Group, Inc. (NASD: SGRP), Varsity Group Inc. (NASD: VSTY), Scenario Systems International (OTC: SSII)

 

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)

 

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.

 

SPAR GROUP INCORPORATED (NASD: SGRP)

"Up 25.00% in morning trading"

 

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

 

SPAR Group, Inc., together with its subsidiaries, supplies merchandising and other marketing services in the United States and internationally. It provides merchandising services, as well as specific in-store services, including new store openings, new product launches, special seasonal or promotional merchandising, focused product support, and product recalls. It also offers in-store event staffing, product sampling, radio frequency identification services, technology services, and marketing research services. SPAR Group provides these services primarily on behalf of consumer product manufacturers and retailers at mass merchandisers, electronics store chains, drug store chains, and grocery stores. Its customers include home entertainment, general merchandise, health and beauty care, consumer goods, and food products companies. SPAR Group also has operations in Japan, Canada, Turkey, South Africa, India, Romania, China, Lithuania, Latvia, Australia, and New Zealand. The company was founded in 1967 and is headquartered in Tarrytown, New York.

 

VARSITY GROUP INCORPORATED (NASD: VSTY)

"Up 25.00% in morning trading"

 

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

 

Varsity Group, Inc. provides outsourcing solutions for the education institutions in the United States. Its solutions include online textbook, school supplies, and school uniform services. The company offers its solutions to private K-12 schools, colleges, and distance and continuing education markets under the brands Varsity Books and Campus Outfitters. Its eduPartners program is an online bookstore solution that focuses on meeting the needs of private middle and high schools. The company also provides ecommerce solutions for school's textbook procurement operations. Varsity Group, through the Campus Outfitters brand, sells school uniforms to the private K-12 school marketplace at retail locations in Indiana, Maryland, Michigan, North Carolina, New York, Ohio, Texas, and Virginia. It also offers its products through retail stores. The company, formerly known as, VarsityBooks.com, was founded in 1997. Varsity Group is headquartered in Fairfax, Virginia.

 

SCENARIO SYSTEMS INTERNATIONAL (OTC: SSII)

"Up 26.67% in morning trading"

 

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

 

Scenario Systems International (SSII) helps clients transform their IT to better support a high performing business. The company delivers measurable business value from a full range of innovative technology and consulting solutions. SSII personnel have years of experience helping clients around the world use their IT investments to drive innovation, productivity and growth to achieve higher performance. SSI's experienced integration professionals have been involved in some 50 engagements with Fortune 1000 companies that have driven upwards of $500M in synergy savings. Our professionals combine extensive hands-on experience with relevant industry and implementation backgrounds that averages over 20 years of experience per consultant.

 

About OTCPicks.com

 

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 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.