Dallas, TX 2/27/2008 1:40:57 AM
News / Finance

OTCPicks.com Daily Market Movers Digest Midday Report for Tuesday, February 26th UITK, BHWF, PRAN, ULGX, SUWN

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 Ultitek, Ltd. (OTCBB: UITK), The Blackhawk Fund (OTCBB: BHWF), Prana Biotechnology Limited (NASD: PRAN), Urologix, Inc. (NASD: ULGX), Sunwin International Neutraceuticals, Inc. (OTCBB: SUWN)

 

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

 

ULTITEK LIMITED (OTCBB: UITK)

 

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

 

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

 

Ultitek, Ltd., through its wholly owned subsidiary TAIS, has been a provider of Computerized Airline Reservations Systems software (CRS) since 1989. Today Ultitek Ltd. is the leader among reservations systems in the Russian Aviation market. In 2003, nine million passengers of 60 airlines were serviced by it, which consisted of more than 50% of the transport of passengers performed on domestic scheduled flights of carriers in Russia and the countries of the C.I.S.

 

BLACKHAWK FUND (OTCBB: BHWF)

"Up 55.56% in morning trading"

 

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

 

The BlackHawk Fund operates as a business development company with interest in real estate development projects, as well as in media and television production in the United States. It redevelops and sells residential and commercial properties. The BlackHawk Fund owns, operates, manages, and implements proprietary media properties that primarily include network quality cable television shows, which are converted to online video magazines and DVDs. The company was founded in 1998 as USA Telecom. It changed its name to USA Telcom Internationale in 2000; to ZannWell, Inc. in 2004; and to The Blackhawk Fund in 2005. The company is based in Carson City, Nevada. The BlackHawk Fund is a subsidiary of Palomar Enterprises, Inc.

 

PRANA BIOTECHNOLOGY LIMITED ADS (NASD: PRAN)

"Up 52.93% in morning trading"

 

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

 

Prana Biotechnology Limited, a development stage company, together with its subsidiaries, engages in the research and development of therapeutic drugs in Australia. It offers PBT-2, a Phase IIa clinical trial product for the treatment of Alzheimer's disease. The company's product is designed to treat the underlying causes of degeneration of the brain and the eye as the aging process progresses. Its product is also applied for other therapies, including age-related cataracts, Huntington disease, Creutzfeldt-Jakob disease, Motor Neuron disease, age-related macular degeneration, other cancers, and Parkinson's disease. The company was founded in 1997 and is based in Parkville, Australia.

 

UROLOGIX INCORPORATED (NASD: ULGX)

"Up 17.95% in morning trading"

 

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

 

Urologix, Inc. develops, manufactures, and markets minimally invasive medical products for the treatment of urological disorders in the United States and internationally. It provides non-surgical, catheter-based therapies that use a proprietary cooled microwave technology for the treatment of benign prostatic hyperplasia, a non-cancerous disease. The company offers control units under the Targis, Prostatron, and CoolWave names; and procedure kits under CTC, Targis, and Prostaprobe names. Urologix also involves in developing generation catheter under CoolMax name with a focus on combining durability with patient comfort. It sells its products to hospitals and urologists through local distributors and independent agents. The company was founded in 1991 and is based in Minneapolis, Minnesota.

 

SUNWIN INTERNATIONAL NEUTRACEUTICALS (OTCBB: SUWN)

"Up 16.67% in morning trading"

 

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

 

Sunwin International Neutraceuticals engages in the areas of essential traditional Chinese medicine, zero calorie natural sweeteners (stevia), and veterinary medicines and feeds prepared from 100% organic herbal ingredients. As an industry leader in agricultural processing, Sunwin has built an integrated global firm with the sourcing and production capabilities to meet the needs of consumers throughout the world. Sunwin also makes such value-added products as specialty veterinary food ingredients and specialty feed ingredients. For more info about Sunwin, please visit www.sunwin.biz.

 

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 seven thousand five hundred dollars by a non-controlling third party for UITK advertising and promotional services.

 

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.