Dallas, TX 7/18/2008 11:03:08 PM
News / Finance

OTCPicks.com Daily Market Movers Digest Midday Report for Friday, July 18th XSNX, GRCO, ETLC, CHIP

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 XsunX Inc. (OTCBB: XSNX), Greenbelt Resources Corp. (OTC: GRCO), Etelcharge.com (OTCBB: ETLC), VeriChip Corporation (NASDAQ: CHIP)

 

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) company, 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.

 

GREENBELT RESOURCES CORPORATION (OTC: GRCO)

"Up 22.22% in morning trading"

 

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

 

Greenbelt Resources Corporation™ is committed to developing and implementing technology that makes reliable, practical, efficient alternative energy, efficient use of water and conversion of waste to usable products. The company's customers benefit from combined decades of research and development experience that includes expertise in the production of ethanol and bodiesel from traditional sources such as corn and non-traditional, yet highly efficient, sources including consumer product waste, algae, and others. Its subsidiary Diversified Ethanol Corporation™ designs, manufactures and installs modular ethanol plants for customers such as dairy and hog operatoins at the site of the feedstock. This eliminates the need of transporting the feedstock to the plant. The company's ethanol plants are built around the award winning Butterfield Closed Cycle System™.

 

ETELCHARGE.COM INCORPORATED (OTCBB: ETLC)

"Up 6.25% in morning trading"

 

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

 

eTelcharge.com Inc., a development stage company, provides credit card processing services for merchants in the United States. It develops the initial telephone billing payment option that enables the customers of online merchants with the ability to charge their Internet purchases to their local telephone bill, rather than to a credit card. The company was founded in 1999 and is based in Desoto, Texas.

 

VERICHIP CORPORATION (NASDAQ: CHIP)

"Up 11.18% in morning trading"

 

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

 

VeriChip Corporation develops, markets, and sells radio frequency identification systems (RFID) to identify, locate, and protect people and assets in the healthcare market in the United States, Canada, and internationally. It operates in three segments: Healthcare Security, Implantable, and Industrial. The Healthcare Security segment offers infant protection systems under the Hugs and HALO brand names, which are used in hospital maternity wards and birthing centers to prevent infant abduction and mother-baby mismatching; wander prevention systems used by long-term care facilities to locate and protect their residents; and an asset/staff location and identification system used by hospitals and other healthcare facilities to identify, locate, and protect medical staff, patients, visitors, and medical equipment. The Implantable segment offers VeriMed system, a human-implantable RFID microchip, which can be used in various patient identification and security applications. The Industrial segment sells vibration monitoring instruments used by engineering, construction, and mining professionals to monitor the effects of human induced vibrations, such as blasting activity; and asset management systems used by industrial companies to manage and track their mobile equipment and tools. The company markets its products through direct sales force and distributors. Its customers include hospitals and long-term care facilities; healthcare professionals, such as physicians and individual patients; and other customers that purchase its systems for non-healthcare applications, such as construction, and oil and gas companies. The company was founded in 2001 and is headquartered in Delray Beach, 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 nine thousand dollars by a third party for XSNX advertising and promotional services. OTCPicks.com has been compensated eight thousand dollars by a third party (StockPromoters.com Consultants, LLC) for ETLC 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.