Dallas, TX 3/12/2008 12:09:04 AM
News / Finance

OTCPicks.com Daily Market Movers Digest Midday Report for Tuesday, March 11th SPNG, CPRK, PDGT, NPHS, PMED

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), Copper King Mining Corporation (OTC: CPRK), Paradigm Tactical Products Inc. (OTC: PDGT), NextPhase Wireless, Inc. (OTCBB: NPHS), Paradigm Medical Industries, Inc. (OTCBB: PMED)

 

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/

 

SPONGETECH DELIVERY SYSTEMS (OTCBB: SPNG)

"Up 10.00% in morning trading"

 

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.

 

COPPER KING MINING (OTC: CPRK)

"Up 13.64% in morning trading"

 

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

 

Company Profile:

http://www.otcpicks.com/copper-king-mining/copper-king-mining.htm 

 

Copper King Mining Corporation currently owns approximately 1200 acres in the Drum Mountains of Utah, which are patent deeded mining claims which contain gold, silver and copper. The company recently added to its holdings by filing six more claims on land which was inside their holdings, but not patent deeded. Contiguous to that acreage is approximately 1100 acres of claims filed by Western Utah Copper Company. As the companies explored the concept of a joint venture on the Drum Mountain properties, it was decided that a very viable consideration was to join the total assets of both companies.

 

PARADIGM TACTICAL PRODUCTS (OTC: PDGT)

"Up 20.00% in morning trading"

 

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

 

Paradigm Tactical, based in Georgetown, Massachusetts, is a leading provider of non-lethal defense and homeland security solutions to corrections law enforcement and security industry. The Company owns rights to license, manufacture, market, and sell all of its devices. As the heightened attentiveness to terrorist and other security threats continue to increase, Paradigm Tactical is meeting the higher demand for security and inspection systems. The Company has sold products to numerous Federal, State, and local institutions.

 

NEXTPHASE WIRELESS INCORPORATED (OTCBB: NPHS)

"Up 26.21% in morning trading"

 

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

 

NextPhase Wireless, Inc., together with its subsidiaries, provides broadband wireless Internet access and turnkey wireless networks in the United States. The company focuses on delivering integrated Internet, voice, video, and data; designs, deploys, and operates WiMAX-ready wireless networks; and provides wireless technology solutions to businesses and municipalities. It also operates as an Internet service provider of tiered Internet connectivity services to business and residential subscribers; resells components and equipment relating to its products and services; and provides professional and consulting services, which include wireless network consulting, interference surveys, network management, and telephone consulting. The company was founded in 2000 and is headquartered in Anaheim, California.

 

PARADIGM MEDICAL INDUSTRIES (OTCBB: PMED)

"Up 57.14% in morning trading"

 

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

 

Paradigm Medical Industries, Inc. engages in the design, development, manufacture, and sale of technology surgical and diagnostic eye care products. Its diagnostic products include P55, P2200, and P2500 pachymetric analyzer; P20 and P2000 A-scan biometric ultrasound analyzer; P37, P37-II, and P2700 A/B scan ocular ultrasound diagnostic product; P40 UBM ultrasound biomicroscope; P45 UBM ultrasound biomicroscope; P60 UBM ultrasound biomicroscope; BFA ocular blood flow analyzer and disposables; CT 200 corneal topography system; LD 400 autoperimetry system; and TKS 5000 autoperimetry system. The company's products also comprise Precisionist Thirty Thousand and Photon laser, which have ocular surgery workstation with surgical equipment and disposables. Paradigm's surgical products are systems for use by ophthalmologists to perform surgical treatment procedures to remove cataracts. It markets its products through direct sales representatives, independent sales representatives, and ophthalmic product distributors in the United States, as well as through a network of dealers internationally. The company was founded in 1989 and is based in Salt Lake City, Utah.

 

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 sixteen thousand five hundred dollars by a third party for CPRK 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.