Dallas, TX 5/2/2008 11:38:26 PM
News / Finance

OTCPicks.com Daily Market Movers Digest Midday Report for Friday, May 2nd MGRN, PIII, EXPT, MEMY, TRXI

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 Monogram Energy Inc. (OTC: MGRN), PECO II Inc. (NASDAQ: PIII), Expert Group Inc. (OTC: EXPT), Memory Pharmaceuticals Corp. (NASDAQ: MEMY), TRX Inc. (NASDAQ: TRXI).

 

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/

 

MONOGRAM ENERGY INCORPORATED (OTC: MGRN)

"Up 12.68% in morning trading"

 

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

 

Company Profile: http://www.otcpicks.com/monogram-energy/monogram-energy.htm 

 

Monogram Energy, Inc. is an independent energy company engaged in the acquisition, development, and exploitation of oil and gas properties. The company specializes in acquiring oil & gas leases with proven reserves that have the potential for increased production.

 

PECO II INCORPORATED (NASD: PIII)

"Up 28.18% in morning trading"

 

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

 

PECO II, Inc. designs, manufactures, and markets communications power systems and equipment for the communications industry in North America. The company operates in two segments, Products and Services. The Products segment offers various products, including battery plants that convert and distributes power to run network equipment while storing energy in rechargeable batteries to be used in the event of an alternating current input failure; rectifiers, which convert incoming AC power to DC power; and power distribution and measurement equipment that distributes and limits power from a centralized power plant to various loads or end uses. This segment also provides converter plants that convert one voltage of DC power to another voltage of DC power; inverters that convert voltage from DC to AC power suitable for end-use applications; and monitoring products that monitor and report the performance of power systems. The Services segment offers various services, such as capital deployment engineering and installation services, project management, after market services, and staffing services within wireline and wireless telecommunication sector. It offers its products and services to regional bell operating companies, independent telephone operators, inter-exchange carriers, competitive access providers, original equipment manufacturers, wireless communications providers, cable television, and government. The company sells its products through direct sales force, value added resellers, distributors, and manufactures representatives. PECO II was founded in 1988 and is headquartered in Galion, Ohio.

 

EXPERT GROUP INCORPORATED (OTC: EXPT)

"Up 22.22% in morning trading"

 

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

 

Expert Group, Inc. is a diversified financial services company which markets a variety of financial products and services through Expert Financing, Expert Group Title Services, Expert Credit Fix USA. Expert is licensed by the department of Financial Regulations and a member of FAMB, and since inception, Expert has originated over $50 million in origination. The Company offers a stock option plan to its loan officers, brokers, title agents, and processors.

 

MEMORY PHARMACEUTICALS (NASD: MEMY)

"Up 21.05% in morning trading"

 

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

 

Memory Pharmaceuticals Corp., a biopharmaceutical company, focuses on the discovery and development of drug candidates for the treatment of central nervous system conditions. It offers drugs for neurological diseases associated with aging, such as Alzheimer's disease, as well as psychiatric disorders, such as schizophrenia, cognitive impairment associated with schizophrenia (CIAS), and depression. The company's products include MEM 1003, a neuronal L-type calcium channel modulator that is in phase II clinical trials for the treatment of Alzheimer's disease and bipolar disorder; and nicotinic alpha-7 agonists, including MEM 3454, a phase IIa clinical trial product and MEM 63908, a phase I clinical trial product for the treatment of Alzheimer's disease and CIAS. Its products also comprise PDE4 inhibitors, including MEM 1414, a phase I clinical trial program, as well as MEM 1917 for CNS disorders and depression; PDE10 Inhibitor program; and 5-HT6 Antagonists for the treatment of Alzheimer's disease, schizophrenia, attention deficit disorder, and obesity. The company has collaborations with F. Hoffman-La Roche, Ltd. for the development of nicotinic alpha-7 agonists; and Amgen, Inc. for the development of PDE10 inhibitors. In addition, it has a development agreement with The Stanley Medical Research Institute to develop MEM 1003 as a treatment for bipolar disorder. The company was founded in 1997 and is based in Montvale, New Jersey.

 

TRX INCORPORATED (NASD: TRXI)

"Up 13.53% in morning trading"

 

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

 

TRX, Inc., a technology company, develops and hosts software applications to automate manual processes and track transaction data in the travel industry. Its suite of products and services comprise TRAVELTRAX that provides reporting through a Web-based data reporting tool; CORREX, which enables automated quality control, file finishing, and electronic ticketing, including low fare searches, seat assignments, upgrades, and alternate route and carrier searches; and TRANXACT tools that handles various activities for its clients, including exchanges, refunds, waivers and split payments, commission management, fare loading, document distribution, debit memo processing, and back office hosting and settlement. The company also offers SELEX tools, a software functionality for exception processing, and agent workflow management and tracking; and RESX, a Web-based travel booking application that enables travelers and travel arrangers to create policy-compliant air, car, and hotel reservations. In addition, it provides DATATRAX, a data reporting suite that consolidates data records from various sources, including credit card issuers, credit card networks, back office travel systems, hotel suppliers, airlines, and global distribution systems, as well as normalizes those records into a common structure in a single data repository. The company delivers its technology applications as a service over the Internet to travel agencies, corporations, travel suppliers, government agencies, credit card associations, credit card issuing banks, and third-party administrators in North America, Europe, and Asia. TRX was incorporated in 1999 and is headquartered in Atlanta, Georgia.

 

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 received fifty thousand free trading shares from a non-controlling third party (Microcap Management) for MGRN 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.