Dallas, TX 2/29/2008 5:58:21 AM
News / Finance

OTCPicks.com Stocks to Watch for Friday, February 29th MEXP, FRGY, VYEY, SHMT, VMCI, IMMC

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 tomorrow include Marine Exploration, Inc. (OTC: MEXP), Frontier Energy Corporation (OTC: FRGY), Victory Energy Corporation (OTCBB: VYEY), Shumate Industries (OTCBB: SHMT), Vemics, Inc (OTC: VMCI) and Immunicon Corporation (NASD: IMMC).

 

For the complete newsletter please visit: http://www.otcpicks.com/stocks-to-watch/index.php

 

For more in-depth coverage of small cap stocks visit http://www.otcpicks.com/

 

MARINE EXPLORATION INCORPORATED (OTC: MEXP)

"Up 194.12% on Thursday"

 

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

 

Marine Exploration, Inc., a development stage company, engages in marine treasure hunting expeditions. It intends to involve in the discovery and recovery of archeologically and historically significant shipwrecks and artifacts. The company plans to sell recovered cargo and artifacts, and exhibits artifacts. It also focuses on filming and documenting its activities and the sale and distribution of those films. The company was formerly known as Multimedia K.I.D., Inc. and changed its name to SYCO, Inc. in 2006. Later, it changed its name to Marine Exploration, Inc. in April 2007. The company is based in Denver, Colorado.

 

FRONTIER ENERGY (OTC: FRGY)

"Up 111.11% on Thursday"

 

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

 

Frontier Energy Corporation, through its wholly owned subsidiary, Frontier Energy Resources Corp., engages in the acquisition, exploration, development, and operation of oil and gas reserves primarily in the Central Alberta region of Canada. It has 100% working interest on 160 acres of land situated in the Pembina Oil Field in Alberta, Canada. The company was founded in 1986 and is headquartered in North Las Vegas, Nevada.

 

VICTORY ENERGY CORPORATION (OTCBB: VYEY)

"Up 75.00% on Thursday"

 

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

 

Victory Energy Corporation engages in the acquisition and development of oil and gas properties in the United States and Canada. The company primarily owns interests in the Northeast Glasgow Prospect located in Williston Basin Valley County, Montana, which consists of 1,960 acres; and the Skedee prospect in Oklahoma. It also owns joint venture interest in the Mesa gas prospect in Roosevelt County New Mexico. The company was founded in 1982 under the name All Things, Inc. and changed its name to New Environmental Technologies Corporation in 1985. Further, it changed its name to Victory Capital Holdings Corporation in 2003 and to Victory Energy Corporation in 2006. The company is based in Carson City, Nevada.

 

SHUMATE INDUSTRIES (OTCBB: SHMT)

"Up 69.23% on Thursday"

 

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.

 

VEMICS INCORPORATED (OTC: VMCI)

"Up 42.86% on Thursday"

 

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

 

Vemics, Inc. operates as a visual communications hosted service provider. It offers software-based productivity solutions to business, education, and government available as hosted services with a focus on the education and healthcare sectors in the United States. The company's products include Vemics LiveAccess a collaboration platform that delivers video, wideband audio, and a suite of web-collaboration tools in a single browser window accessible from PCs or laptops enabling organizations and individuals to work and learn virtually' as if everyone were in the same room; NuScribe a voice-recognition driven document creation and management system that enables physicians to create and manage patient medical records online; and iMedicore a collaborative online portal designed for and by medical professionals to facilitate practice productivity, as well as exchange of education, information, and ideas in real-time. Its education programs include Global Business English, Advanced English, Global Business Russian, Global Business Chinese, and EP LiveOnline. The company also offers various services for the healthcare sector that comprise Voice-Driven Document Creation that enables users to create notes and patient medical records using voice recognition software; ePrescribing offers drug interaction checking, formulary, electronic contact with pharmacy chains, and drug information sheets that can be printed out and sent home with the patient; and Real-time Communication and Collaboration that enables members to securely meet face-to-face online for consultations, referrals, or general communications virtually. Vemics was founded in 2001 and is based in Nanuet, New York.

 

IMMUNICON CORPORATION (NASD: IMMC)

"Up 13.33% on Thursday"

 

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

 

Immunicon Corporation and its subsidiaries engage in the development, manufacture, marketing, and sale of proprietary cell-based diagnostic and research products, and services with a focus on cancer. It develops technologies that identify, count, and characterize a small number of circulating tumor cells (CTC) and other rare cells present in a blood sample of a patient. The company offers CellSave Preservative tube, an evacuated blood collection tube with preservative; CellTracks AutoPrep system, an automated instrument to capture and label cells from 7.5 ml blood samples; CellTracks MagNest Cell Presentation device, a device that presents magnetically labeled cells for analysis; CellTracks Analyzer, a semi-automated fluorescence microscope used to count and characterize cells; and CellSearch Circulating Tumor Cell kit that is used for counting CTCs. It also offers CellSearch Profile kit, which is used to isolate CTCs for subsequent molecular or cellular analysis; CellTracks Endothelial Cell kit that is used in isolating and counting endothelial cells; CellTracks Bone Marrow Tumor kit, which is used to count tumor cells in a bone marrow sample; Tumor Profiling Reagents for CTC characterization; and CellTracks CEC Profile kit that is used to isolate CECs for molecular or cell analysis. The company sells its products to hospitals, reference laboratories, oncology practices, cancer treatment centers, clinical research organizations, and pharmaceutical/biotechnology companies in the United States, Europe, Japan, and Hong Kong. Immunicon has collaboration agreements with Veridex, LLC; Diagnostic HYBRIDS, Inc.; KREATECH Biotechnology B.V.; and University of Twente and STW. The company was founded in 1983 and is based in Huntingdon Valley, Pennsylvania.

 

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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.

 

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