Dallas, TX 6/17/2008 11:51:38 PM
News / Finance

OTCPicks.com Daily Market Movers Digest Midday Report for Tuesday, June 17th XSNX, LECT, GINV, NILR

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 XsunX Inc. (OTCBB: XSNX), LecTec Corp. (OTCBB: LECT), Global Innovation Corp. (OTCBB: GINV), Nilam Resources Inc. (OTCBB: NILR)

 

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/

 

XSUNX INCORPORATED (OTCBB: XSNX)

 

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

 

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

 

Xsunx, Inc., a thin-film photovoltaic (TFPV) corporation, focuses on developing thin film photovoltaic (TFPV) amorphous silicon solar cell manufacturing processes to produce TFPV solar modules. Its product includes XsunX ASI-120 module, which is a 125 peak watt TFPV solar module utilizing glass substrates and a proprietary semiconductor manufacturing system. XsunX ASI-120 provides for a module delivering high power output, and size and framing that would allow for the use of various existing mounting systems. The target markets for the TFPV solar module include solar farms, government agencies, and utility companies, as well as power purchase agreements and large commercial installations worldwide. The company, formerly known as Sun River Mining, Inc., was incorporated in 1997 and changed its name to XsunX, Inc. in 2003. XsunX is headquartered in Aliso Viejo, California.

 

LECTEC CORPORATION (OTCBB: LECT)

"Up 25.00% in morning trading"

 

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

 

LecTec Corp. operates as an intellectual property licensing and holding company in the United States. The company holds various domestic and international patents and trademarks based upon its topical patch technology. Its proprietary patch technology is used in the production of vapor patches for the pediatric and the adult cough/cold market. The company's new child-proof/pet-proof patch technology is primarily designed to prevent children from chewing on or ingesting a patch, which the aversive agent would protect anyone, including adults with dementia and family pets. It holds 18 issued U.S. patents and 42 issued international patents. The company was founded in 1977 and is based in Edina, Minnesota.

 

GLOBAL INNOVATION CORPORATION (OTCBB: GINV)

 

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

 

Global Innovation Corp., through its subsidiary, Best Circuit Boards, Inc., engages in the design, engineering, and manufacture of printed circuit boards principally in North America. It principally offers multilayer printed circuit boards, including antenna and metalback radio frequency circuit boards. The company's products are used in power systems, telecommunications, computer hardware, consumer electronics, and instrumentation and controls, as well as in satellite communications, avionics, missiles, smart bombs, defense systems, and radar detection and test equipment. Global Innovation markets its circuit boards to various commercial and military markets through direct sales people and manufacturer's representatives. Its customers primarily include original equipment manufacturers and electronic manufacturing service companies. Global Innovation also sells its products to customers in Canada, China, Denmark, Germany, Mexico, Poland, and the United Kingdom. The company was founded in 1985 and is headquartered in Wylie, Texas.

 

NILAM RESOURCES INCORPORATED (OTCBB: NILR)

"Up 28.00% in morning trading"

 

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

 

Nilam Resources Inc. (OTCBB: NILR) focus is to be a precious and base metal producer in South America. Nilam is currently producing small scale mining from three mines in Peru. As a publicly traded company, Nilam Resources is engaged in serving the growing demands for mineral resources and long term geological operations.

 

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 is being compensated nine thousand dollars by a third party for XSNX advertising and promotional services. OTCPicks.com was compensated fifteen thousand free trading shares by a third party for NILR 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.