Dallas, TX 6/9/2008 10:55:47 PM
News / Finance

OTCPicks.com Daily Market Movers Digest Midday Report for Monday, June 9th QMCI, GSPG, CPWM, HEPH, MYEC

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 QuoteMedia Inc. (OTCBB: QMCI), GoldSpring Inc. (OTCBB: GSPG), Cost Plus Inc. (NASDAQ: CPWM), Hollis-Eden Pharmaceuticals Inc. (NASDAQ: HEPH), MyECheck Inc. (OTCBB: MYEC)

 

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/

 

QUOTEMEDIA INC. (OTCBB: QMCI)

 

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

 

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

 

QuoteMedia, Inc. is a leading software developer and provider of real-time streaming financial market information, decision-support, news and research solutions to brokerage, financial services companies, business and media corporations. Among its many leading-edge products lines, the Company offers data feeds, news, dynamic market content solutions, interactive stock research tools, financial applications and real-time wireless applications. QuoteMedia provides data and services for companies such as the NASDAQ, the OTCBB, Dow Jones & Company, Forbes.com, Scotia Capital, Business Wire, Southwest Securities, Regal Securities, FBR Direct, Broadridge Financial Solutions, Inc., AIM Trimark, Zacks Investment Research, ChoiceTrade, QTrade, Schaeffer's Investment Research, Automated Financial Systems, WallStreet*E, and others. For more information, visit www.quotemedia.com.

 

GOLDSPRING INCORPORATED (OTCBB: GSPG)

"Up 54.59% in morning trading"

 

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

 

GoldSpring, Inc. is a North American precious metals mining company, focused in Nevada, with extensive, contiguous property in the Comstock Lode District. Our Company was formed in mid-2003, and we acquired two properties in the Comstock Lode before the end of the year. We secured permits, built an infrastructure and brought the exploration project into test mining production within a year of its acquisition. The Company, in 2005, began consolidating the Comstock Lode by acquiring additional properties in the district, expanding our footprint and creating opportunities for exploration and mining. We are an emerging company, looking to build on our success through the acquisition of other mineral properties in the Comstock Lode District with reserves or exploration potential. The Company's objectives are to increase reserves through exploration, expand its footprint in the Comstock, resume mining, optimize its production and maximize shareholder value.

 

COST PLUS INCORPORATED (NASD: CPWM)

"Up 21.31% in morning trading"

 

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

 

Cost Plus, Inc., along with its subsidiaries, operates as a specialty retailer of casual home furnishings and entertaining products in the United States. It offers home decorating items, such as furniture, rugs, pillows, bath linens, lamps, window coverings, frames, and baskets; and furniture products, including ready-to-assemble living and dining room pieces, handcrafted case goods, and occasional pieces. The company also provides kitchen items, including glassware, ceramics, textiles, and cooking utensils; and kitchen products comprising baking, food preparation, barbecue, and dining. In addition, it provides jewelry, fashion accessories, and personal care items, as well as gift and decorative accessories, including collectibles, candles, framed art, and holiday and seasonal items. Further, the company offers gourmet foods and beverages, including wine, microbrewed and imported beer, coffee, tea, and bottled water. As of December 31, 2007, it operated 298 stores under World Market, Cost Plus World Market, Cost Plus Imports, and World Market Stores names in 34 states. The company was founded in 1946 and is headquartered in Oakland, California.

 

HOLLIS-EDEN PHARMACEUTICALS INCORPORATED (NASD: HEPH)

"Up 9.28% in morning trading"

 

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

 

Hollis-Eden Pharmaceuticals, Inc. engages in the development of a proprietary class of adrenal steroid hormones as novel pharmaceuticals for human health. The company, through its Hormonal Signaling Technology Platform, is developing a new series of small molecule compounds that are metabolites or synthetic analogs of endogenous hormones derived by the adrenal glands from the body's most abundant circulating adrenal steroid. These steroid hormones are designed to restore the biological activity of cellular signaling pathways disrupted by disease and aging, which regulate innate and adaptive immunity, reduce nonproductive inflammation, and stimulate cell proliferation. Its clinical drug development candidates include TRIOLEX (HE3286), a next-generation compound currently in clinical trials for the treatment of type 2 diabetes, ulcerative colitis, and being prepared for clinical trials in rheumatoid arthritis; and APOPTONE (HE3235), a next-generation compound being prepared for clinical trials in cancer. In addition, Hollis-Eden has an active research program that is generating additional new clinical leads that are being evaluated in preclinical models of various diseases. The company was founded in 1992 and is headquartered in San Diego, California.

 

MYECHECK INCORPORATED (OTCBB: MYEC)

"Up 14.79% in morning trading"

 

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

 

MyECheck, Inc., an early stage company, operates in the payment processing industry. It offers various solutions, such as real-time check authorization, payment guarantee, check image creation, and clearing and online reporting. The company's services include Remotely Created Check (RCC) Service, a payment engine that enables Internet merchants and other companies to accept payments online or over a telephone; and Check Authorization Service, which enables merchants to verify consumer provided data, check the status of the customer's bank account, provide evidence that the consumer has authorized the check, and predict the likelihood of a check being returned unpaid. Its services also include remote deposit capture and remittance processing solutions that enable companies to scan paper checks at the brick and mortar point of sale or back office, and remit check images for processing; merchant reporting services, including transaction history, and fees and settlement statements reports; and check guarantee services. In addition, the company offers services to support its RCC service, including fraud loss prevention services; and check remittance processing and remote deposit capture services for brick and mortar companies, such as banks and retailers. It provides electronic check image services to merchants, payment services providers, banks, and other businesses. The company was founded in 2004 and is based in El Dorado Hills, 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.com receives Internet data services from QuoteMedia (QMCI) in return for coverage on our site.

 

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.