Dallas, TX 7/4/2008 12:07:13 AM
News / Finance

OTCPicks.com Daily Market Movers Digest Midday Report for Thursday, July 3rd WNEA, RVGD, GTEM, UVSE

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), Revenge Designs Inc. (OTC: RVGD), GlobeTel Communications Corp. (OTC: GTEM), Universal Energy Corp. (OTCBB: UVSE)

 

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. develops and operates 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.

 

REVENGE DESIGNS INCORPORATED (OTC: RVGD)

"Up 33.33% in morning trading"

 

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

 

Revenge Designs is a specialty car designer and production assembler headquartered in N.E. Indiana.

 

GLOBETEL COMMUNICATIONS CORPORATION (OTC: GTEM)

"Up 15.38% in morning trading"

 

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

 

GlobeTel Communications Corp. provides an integrated suite of telecommunications products and services, utilizing Stored Value, Voice over Internet Protocol, and wireless access technologies. Its core products and services are telephony services that include international wholesale carrier traffic; networks; and enhanced services, such as IP telephony. The company's nontelephony products and services consist of outsourced Stored Value services for the international banking and telecommunications community. GlobeTel's Super Hub network, which is in development, is a national wireless broadband network utilizing high-altitude airships called Stratellites that would be used to provide wireless voice, video, and data services. The company's operations exist in Asia, Europe, South America, Mexico, and the Caribbean. GlobeTel was founded in 2002 and is based in Fort Lauderdale, Florida.

 

UNIVERSAL ENERGY CORPORATION (OTCBB: UVSE)

"Up 12.50% in morning trading"

 

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

 

Universal Energy Corp., an independent energy company, engages in the acquisition and development of crude oil and natural gas leases in the United States and Canada. As of December 31, 2007, it had working interest in approximately 7,095 acres of land in Louisiana and Texas, as well as in Alberta, Canada. The company, formerly Universal Tanning Ventures, Inc., was founded in 2002 and is based in Lake Mary, 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 been compensated eight thousand dollars by a third party (Stock Guru) for UVSE 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.