Dallas, TX 2/29/2008 1:49:20 AM
News / Finance

OTCPicks.com Daily Market Movers Digest Midday Report for Thursday, February 28th NXPC, ENDE, ADST, SHMT, SCEY

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 NeXplore Corporation (OTC: NXPC), EnDevCo, Inc. (OTCBB: ENDE), AdStar, Inc. (NASD: ADST), Shumate Industries (OTCBB: SHMT), Sun Cal Energy Inc. (OTCBB: SCEY)

 

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

 

NEXPLORE CORPORATION (OTC: NXPC)

 

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

 

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

 

NeXplore Technologies is developing a Web 2.0 search engine and an assortment of social networking portals and tools that will enable users to personalize their Web experience and tailor it to their unique needs, interests, and online pursuits. The Company’s social computing platform, MyCircle.com, offers an enhanced, user-friendly graphical interface search engine, combined with innovative backend technology, which enables users to improve the way they connect with information and other people on the Worldwide Web. MyCircle’s Web 2.0 interface provides users with an online tool for sharing their Blogs, Voice-Over IP, photos and documents, podcasts and videocasts, classified advertising, instant messages, SMS text messages, Chat and personal profiles.

 

ENDEVCO INCORPORATED (OTCBB: ENDE)

"Up 26.45% in morning trading"

 

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

 

EnDevCo, Inc., together with its subsidiaries, engages in the exploration and production of oil and gas in the United States and Colombia. It has operations in Eugene Island Block 294 and/or Chandeleur Block 14 in Gulf of Mexico. The company also has an option to participate in the acquisition and processing of 101 kilometers of 2D seismic, and to participate on a joint venture basis in wells to be drilled after the interpretation of seismic on Rio Magdelena Association Contract comprising 58,546 hectares situated in the Upper Magdelena River region of Colombia. In addition, it holds a 98.712% working interest in the West Short Junction Unit and a 100% working interest in the Central Short Junction Unit located in Oklahoma City, Oklahoma. The company was incorporated in 1980 as Roberts Oil and Gas, Inc. and changed its name to Adair International Oil and Gas, Inc. in 1997. Further, it changed its name to EnDevCo, Inc. in 2003. EnDevCo is based in Houston, Texas.

 

ADSTAR INCORPORATED (NASD: ADST)

"Up 43.84% in morning trading"

 

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

 

AdStar, Inc. provides technology services to the classified advertising industry in the United States. It offers services using its proprietary software that electronically connects advertisers with newspaper publishing systems, as well as online advertising formats. The company enables professional advertising agencies, businesses, and individuals to send ads to publishers electronically. Its services are provided on an application service provider (ASP) basis, enabling publishers to expand their relationships with advertising customers using a single integrated platform. The company's professional software applications accept transmissions from classified advertising agencies and corporations using desktop software and Web-based communications. Its ASP Web site technology enables visitors to a newspaper's Web site, giving the opportunity to buy classified ads, for both the print and/or online editions of the newspaper on a 24/7 basis. AdStar's XML Gateway technology allows third parties, internal newspaper applications, and Web publishers to facilitate the processing of classified advertising. In addition, the company, through its subsidiary, Edgil Associates, Inc., provides credit card processing services to the newspaper industry. Edgil offers system integration services, installation support, training, and customer service. Its software product, EdgCapture, allows publishers and groups of publishers to establish their own private payment processing interfaces. The company was founded in 1986 and is based in Marina del Rey, California.

 

SHUMATE INDUSTRIES (OTCBB: SHMT)

"Up 41.03% in morning trading"

 

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

 

Shumate Industries, Inc., through its subsidiaries, operates as a contract machining and manufacturing company in the United States. It manufactures products, parts, components, and assemblies for the oil and gas field services market. The company's product line includes expandable tubing manufacturing-launchers and liner hangers for oil and gas field service applications; blowout preventers and their spare service parts; top drive assemblies, sub-assemblies, and their spare service parts; directional drilling products; exploration products for research and development; natural gas measurement equipment, including fittings and valves; control and check valves; and sub-sea control equipment. Shumate Industries also develops and commercializes the Hemiwedge Cartridge valve, a quarter-turn hemispherical wedge valve. The company was founded in 1997 and is based in Conroe, Texas.

 

SUN CAL ENERGY INCORPORATED (OTCBB: SCEY)

"Up 25.00% in morning trading"

 

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

 

Sun Cal Energy Inc. is a publicly traded independent oil and gas exploration company with headquarters in Calgary, Alberta, and an operational office in San Francisco, California. Sun Cal Energy aims to secure and develop a portfolio of oil and gas properties throughout America. The company is strategically placed in the Southern San Joaquin Valley of California, the Anadarko Basin of Oklahoma, the Breton Sound of Louisiana, and the Green River Basin of Wyoming. Sun Cal Energy Inc. trades under the ticker symbol SCEY.

 

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 fifty thousand restricted shares by the company for NXPC 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.