Dallas, TX 4/29/2008 11:49:55 PM
News / Finance

OTCPicks.com Daily Market Movers Digest Midday Report for Tuesday, April 29th BSRC, CPRK, NUVO, VRML

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 BioSolar Inc. (OTCBB: BSRC), Copper King Mining Corporation (OTC: CPRK), Nuvelo Inc. (NASDAQ: NUVO), Vermillion Inc. (NASDAQ: VRML)

 

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/

 

BIOSOLAR INCORPORATED (OTC: BSRC)

"Up 8.33% in morning trading"

 

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

 

Company Profile: http://www.otcpicks.com/biosolar/biosolar-2.htm

 

BioSolar, Inc. engages in the research and development of bioplastic materials from renewable plant sources for use in photovoltaic solar cells. The company develops bio-based plastics components that meet the thermal and durability requirements of solar cell manufacturing processes for conventional crystalline cell designs, as well as thin film photovoltaic devices in an effort to capitalize on cost advantages to current petroleum based solar cell components. Its bioplastic materials can be also used directly in conventional manufacturing systems, such as injection molding and thin-film roll-to-roll, to create superstrate layer, substrate layer, and backsheet, as well as module and panel components. The company was founded in April 2006. It was formerly known as BioSolar Labs, Inc. and changed its name to BioSolar, Inc. in June 2006. BioSolar, Inc. is headquartered in Santa Clarita, California.

 

COPPER KING MINING (OTC: CPRK)

 

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.

 

NUVELO INCORPORATED (NASD: NUVO)

"Up 10.05% in morning trading"

 

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

 

Nuvelo, Inc., a biopharmaceutical company, engages in the discovery, development, and commercialization of novel drugs for acute cardiovascular disease, cancer, and other debilitating medical conditions in the United States. Its development pipeline includes alfimeprase, a recombinant direct-acting fibrinolytic that is in Phase II clinical trial for the treatment of thrombotic-related disorders, such as acute ischemic stroke and catheter occlusion; NU172, a thrombin inhibiting aptamer, is in Phase I development for use as a short-acting anticoagulant during medical or surgical procedures; and NU206, a preclinical candidate for the treatment of chemotherapy/radiation therapy-induced mucositis and inflammatory bowel disease. The company also has research programs in leukemia therapeutic antibodies and Wnt signaling pathway therapeutics. Nuvelo has collaborations partnership with Amgen, Inc.; Dendreon Corporation; and Archemix Corporation. The company was founded in 1991 and is headquartered in San Carlos, California.

 

VERMILLION INCORPORATED (NASD: VRML)

"Up 10.75% in morning trading"

 

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

 

Vermillion, Inc. discovers, develops, and commercializes diagnostic tests that help physicians to diagnose and treat patients. It develops clinical protein biomarker diagnostic products and services in the fields of oncology, hematology, cardiology, and women's health with initial focus on ovarian cancer. The company has collaborations with various academic and research institutions, including The Johns Hopkins University School of Medicine focusing on oncology, primarily breast, prostate, and ovarian cancers; The University of Texas M.D. Anderson Cancer Center that focuses on cancers of the reproductive tract, including the uterus, fallopian tubes, and ovaries; and The University of Texas Medical Branch for the discovery and development of new products for personalized or targeted medicine, primarily in the field of liver disease. It also has collaboration agreements with The Katholieke Universiteit Leuven for the discovery, validation, and characterization of biomarkers related to gynecological diseases; Ohio State University Research Foundation for the discovery, validation, and characterization of biomarkers related to thrombotic thrombocytopenic purpura, and production of associated technology; Stanford University for the discovery, validation, and characterization of biomarkers related to cardiovascular diseases, primarily peripheral arterial disease; and Clinic of Gynecology and Clinic of Oncology, Rigshospitalet, Copenhagen University Hospital. In addition, Vermillion has strategic alliance with Quest Diagnostics Incorporated for commercializing up to three diagnostic tests. The company was founded as Abiotic Systems in 1993 and changed its name to Ciphergen Biosystems, Inc. in 1995. It further changed its name to Vermillion, Inc. in 2007. The company is based in Fremont, California.

 

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 is receiving nine thousand dollars by a third party (BlueWave Advisors) for BSRC advertising and promotion services. OTCPicks.com has been compensated sixteen thousand five hundred dollars by a third party for CPRK 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.