Dallas 8/18/2010 12:25:49 AM
News / Business

IFXY, SMNG, SENZ, OSTE, QASP, KHGT, GTXO, SRSR and IWEB are the Daily Market Movers for August 17th from OTCPicks.com

OTCPicks.com Presents Today’s Daily Market Movers

Dallas, TX - The Publisher of Daily OTC Stocks Newsletter (http://www.otcpicks.com/hotpicks.htm ) and Free Red Hot Stock Picks presents the following penny stocks to watch today: Infrax Systems Inc. (OTCBB: IFXY), Strategic Mining Corp. (OTC: SMNG), Sport Endurance Inc. (OTCBB: SENZ), Osteotech Inc. (Nasdaq: OSTE), Quasar International Holdings Inc. (OTC: QASP), Kalahari Greentech Inc. (OTC: KHGT), GTX Corp (OTCBB: GTXO), Sarissa Resources Inc. (OTC: SRSR) and IceWEB Inc. (OTCBB: IWEB).

INFRAX SYSTEMS INCORPORATED (OTC: IFXY)

Infrax Systems offers a series of interrelated operational management, communications, and grid security related products and services known as Secure Intelligent Energy Platform (SIEP). Our products enable a comprehensive and unified solution for communications and applications management of the Smart Grid. SIEP™ incorporates a wide array of communications, security, device and data management tools for Smart Grid applications such as advanced metering solutions and grid optimization. SIEP platform creates a unified solution to securely manage Advanced Metering Infrastructure (AMI) and distribution automation. Infrax's secure smart grid platform incorporates a communications transport and management system, (Grid Mesh™), device and data security management, and ultimately secures intelligent endpoint devices (SIED). The secure management of the "last mile" backhaul will be necessary for utilities to implement Smart Grid applications including AMI, real-time pricing, Demand Side Management (DSM), Distribution Monitoring and Automation. When combined, these applications can offer economic, operational and environmental benefits for utilities, and ultimately the utility's customers.

STRATEGIC MINING CORPORATION (OTC: SMNG)

Strategic Mining Corporation is engaged in the exploration and development of gold properties in Vietnam, the US (Nevada/Utah) and Africa. The company intends to expand by acquiring mineral rights to other key properties and by initiating strategic joint ventures.

SPORT ENDURANCE INCORPORATED (OTCBB: SENZ) "Up 4.07% in morning trading"

Sport Endurance, Inc., a development stage company, focuses on developing, manufacturing, marketing, and distributing beverages, snacks, and dietary supplements products in the United States. It would provide energy drinks and energy shots. The company intends to offer its Shocking Great Taste energy drinks in six flavors, such as mango cream, raspberry cream, fruit punch, tropical, doo drop, and cran-grape; and sugar free energy shots in four flavors, including mango, tropical, fruit punch, and raspberry. Sport Endurance, Inc. was formerly known as Cayenne Construction, Inc. and changed its name to Sport Endurance, Inc. in August 2009. The company was founded in 2001 and is based in Las Vegas, Nevada.

OSTEOTECH INCORPORATED (NASDAQ: OSTE) "Up 63.71% in morning trading"

Osteotech, Inc., headquartered in Eatontown, New Jersey, is a global leader in providing biologic solutions for regenerative medicine to support surgeons and their patients in the repair of the musculoskeletal system through the development of innovative therapy-driven products that alleviate pain, promote biologic healing and restore function.

QUASAR INTERNATIONAL HOLDINGS INCORPORATED (OTC: QASP) "Up 42.86% in morning trading"

Quasar Aerospace Industries, Inc. engages in the design, manufacture, and sale of aircrafts and aircraft components in the United States. The company also operates a flight school at Herlong Airport in Jacksonville, Florida. In addition, it imports and sells aircrafts and aircraft components. The company is based in Jacksonville, Florida.

KALAHARI GREENTECH INCORPORATED (OTC: KHGT) "Up 37.50% in morning trading"

Kalahari Greentech Inc. is an energy company focused on developing, constructing and operating wind and solar energy projects, either on its own or in partnership with other energy companies. The company's main focus is to seek out opportunities to utilize its technology to develop renewable energy sources.

GTX CORPORATION (OTCBB: GTXO) "Up 7.69% in morning trading"

GTX Corp., a leader in embedded real-time GPS Tracking personal location services (PLS), was founded in 2002 and is based in Los Angeles, California. Known for its game changing patented micro GPS device in a shoe - patented smart shoe and its block buster smartphone GPS Tracking App, recently featured in Los Angeles Business Journal and which hit number two on the iTunes top grossing chart, the Company continues to pave the way with innovative geo-specific and proximity alerting applications that help you know where someone or something is at the touch of a button. Committed to being the "better people finder", GTX Corp owns and operates LOCiMOBILE, Inc. which develops location-based social networks (LBSN) applications for smart phones, Code Amber News Service, and the Code Amber Alertag. The Company has an aggressive intellectual property strategy and owns an extensive portfolio of patents, patents pending, registered trademarks, copyrights and website properties. GTX Corp is well positioned to capture the PLS Market through its diverse product platform licensing model, brand recognition, traction in the market and strategic partners.

SARISSA RESOURCES INCORPORATED (OTC: SRSR) "Up 12.42% in morning trading"

Sarissa Resources Inc. is a junior exploration company with interests in properties with base metal, precious metal, uranium, niobium and rare-earth prospects in Northern Ontario, Canada. The Company is specifically focused on the development of its Nemegosenda niobium project.

ICEWEB INCORPORATED (OTCBB: IWEB) "Up 11.76% in morning trading"

IceWEB, Inc., together with its subsidiaries, provides hosted software applications and network infrastructure solutions to small and medium-sized businesses, non-profit organizations, and government organizations in the United States. It offers hosted Web-based collaboration solutions that enable organizations to establish Internet, Intranet, and email/collaboration services. The company's online products and services include IceMAIL that provides a network hosted groupware, email, calendaring, and collaboration solution; IcePORTAL which enables to share and manage announcements, tasks, events/calendars, document libraries, pictures, and discussion threads through a single Web-based portal; and IceVISTA that provides Web hosting services. It also offers LearningStream.com, an online business education portal that offers subscription-based online classes to consumers and corporate customers. In addition, the company provides network infrastructure security solutions, such as access control, email security, intrusion detection, firewall, authentication, PKI, encryption, and traffic filtering products and services to protect the network infrastructure. Further, it offers consulting services, including network infrastructure, enterprise email/collaboration, and Internet/Intranet portal implementation and support services. IceWEB sells its products and services through direct sales force and online marketing. The company was founded in 2000 and is headquartered in Herndon, Virginia.

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Disclosure: OTCPicks has been compensated ten thousand dollars from a third party (Sidkay Holding Corp.) for IFXY advertising and promotional services. OTCPicks.com and affiliates are being compensated ten thousand dollars by a third party for SMNG advertising and promotional services. OTCPicks.com has been compensated five thousand dollars by a third party for SENZ advertising and promotional services.