Dallas, TX 7/2/2008 1:05:46 AM
News / Finance

OTCPicks.com Daily Market Movers Digest Midday Report for Tuesday, July 1st WNEA, MGRN, SSTP, HTOG, GXYF

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 Wind Energy America Inc. (OTCBB: WNEA), Monogram Energy Inc. (OTC: MGRN), Sustainable Power Corp. (OTC: SSTP), Heartland Oil and Gas Corp. (OTCBB: HTOG), Galaxy Nutritional Foods Inc. (OTCBB: GXYF)

 

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/

 

WIND ENERGY AMERICA INCORPORATED (OTCBB: WNEA)

 

Detailed Quote: www.otcpicks.com/quotes/WNEA.php 

 

Company Profile:

www.otcpicks.com/wind-energy-america/wind-energy-america-2.htm 

 

Wind Energy America Inc. controls wind energy projects in the Great Plains and the Midwest, regions known for their high quality wind energy resources. The Company owns interests in three wind farms: Shaokatan Hills LLC, Lakota Ridge LLC and CHI Energy. At present, WNEA owns a developer's stake and a minimal interest producing negligible cash flow in these wind farms. Over the next two years the developer’s stake will begin producing significant cash flow from these projects. The three wind farms together contain 79 modern wind turbines and have a total rated capacity of 53.5 megawatts (MW). They are collectively generating approximately 160 million kilowatt hours (kWh) of electricity annually. In addition to these properties, the Company owns a 3 percent equity interest in Averill Wind LLC, a 10 MW wind farm being developed near Fargo, N.D., another region favorable for wind power energy.

 

MONOGRAM ENERGY INCORPORATED (OTC: MGRN)

 

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

 

Company Profile:

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.

 

SUSTAINABLE POWER CORPORATION (OTC: SSTP)

"Up 6.25% in morning trading"

 

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

 

Sustainable Power Corp. is an international green energy total service provider focused on environmentally safe power generation. The company has the exclusive rights to develop and manage a portfolio of green energy plants utilizing a biocrude discovery, a renewable fuel source able to be produced from non-food feed stock. For more information, visit www.sstp.us.

 

HEARTLAND OIL & GAS CORPORATION (OTCBB: HTOG)

"Up 15.85% in morning trading"

 

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

 

Heartland Oil and Gas Corp. engages in exploration, development, production, and sale of coal bed methane in the Cherokee basin and Forest City basin of northeast Kansas. The company owns and operates oil and gas leases located on approximately 645,000 acres of property in the Forest City and Cherokee basins in eastern Kansas; 700 acres of property in Palo Pinto County, Texas; and 3,000 acres in Jack County, Texas. It also holds properties in Kansas in the south block, located on the Cherokee basin; and the north block, located in the Forest City basin. In addition, the company engages in the processing and sale of gas through pipelines from its Lancaster wells. As of December 31, 2007, Heartland Oil and Gas had proved developed net reserves of 2,410,484 thousand cubic feet of gas; and 3,002 thousand barrels of crude oil. The company was founded in 1998 and is based in Houston, Texas. Heartland Oil & Gas Corp. operates as a subsidiary of Universal Property Development and Acquisition Corporation.

 

GALAXY NUTRITIONAL FOODS CORPORATION (OTCBB: GXYF)

"Up 16.67% in morning trading"

 

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

 

Galaxy Nutritional Foods, Inc. develops and markets plant-based cheese and dairy alternatives; and processed organic cheese and cheese food to the retail and food service markets in the United States and internationally. It offers cheese alternatives under the Veggie brand; soy-based cheese alternatives under the Veggy brand; soy free cheese alternatives under the Rice brand; casein free dairy alternatives under the Vegan brand; casein free and soy free dairy alternatives under the Rice Vegan brand; and organic cheese products under the Wholesome Valley Organic brand. The company also offers imitation and processed cheese alternative products. It sells its products to supermarket chains, mass merchandisers, and natural foods stores, as well as to food distributors who supply food to restaurants, cafeterias, hospitals, correctional institutions, and schools. Galaxy Nutritional Foods also markets its products directly to franchisees of national restaurant chains. The company was founded in 1972. It was formerly known as Fiesta Foods & Galaxy Foods and changed its name to Galaxy Cheese Company in 1980. Further, it changed its name to Galaxy Nutritional Foods, Inc. in 2000. Galaxy Nutritional Foods is headquartered in Orlando, Florida.

 

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 twenty thousand restricted 144 shares from a third party for WNEA advertising and promotional services. 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.