Dallas, TX 7/24/2008 6:19:17 AM
News / Finance

OTCPicks.com Stocks to Watch for Thursday, July 24th PODM, FFGO, AXVC, ABVG, FSRT, IBCP

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 tomorrow include Podium Venture Group Inc. (OTC: PODM), Fortress Financial Group Inc. (OTC: FFGO), Axial Vector Energy Corp. (OTC: AXVC), ABV Gold Inc. (OTC: ABVG), FreeStar Technology Corp. (OTCBB: FSRT) and Independent Bank Corp. (NASDAQ: IBCP).

 

For the complete newsletter please visit: http://www.otcpicks.com/stocks-to-watch/index.php

 

For more in-depth coverage of small cap stocks visit http://www.otcpicks.com/

 

PODIUM VENTURE GROUP (OTC: PODM)

"Up 400.00% on Wednesday"

 

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

 

Podium Venture Group Inc. (http://www.podiumvg.com/) is a holding company with holdings in wireless broadband and disaster recovery & business continuity. Coastal Broadband (http://www.coastalbb.com/) is a subsidiary of Podium Venture Group and is a wireless broadband provider in Southern Georgia. Noh Limits Consulting (http://www.nohlimits.com/) represents Podium Venture Groups holdings in the disaster recovery & business continuity markets.

 

FORTRESS FINANCIAL GROUP INCORPORATED (OTC: FFGO)

"Up 100.00% on Wednesday"

 

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

 

Fortress Financial Group, Inc. was primarily engaged in the issuing and marketing of prepaid debit card and related payment solution activities. Through the closure of the Trinity Mercantile Finance Group and the Mortgage Bank acquisitions, Fortress Financial Group, Inc. is now expediting its plans to become a broadly based Consumer Finance Group. The "Mortgage and Consumer Lending Divisions" will comprise the vast majority of the Group's earnings in the immediate to medium term. The Company is utilizing its substantial Balance Sheet of circa US$500 million comprised of quoted and unquoted Gold Mining & Exploration stocks to aggressively fund a large number of acquisitions in the consumer financial services sector, initially focused in the Mortgage Lending and Banking sectors.

 

AXIAL VECTOR ENGINE CORPORATION (OTC: AXVC)

"Up 79.55% on Wednesday"

 

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

 

Axial Vector Energy Corp. is a global solutions provider that owns, develops and licenses revolutionary internal combustion engine and electric power generator technologies that have unlimited potential in military, industrial and commercial applications. AVEC and its partners are positioned to become unrivalled leaders in international engine and energy markets with technologies that produce more efficient, cost-effective, environmentally sensitive and versatile solutions for use in a wide variety of important applications around the world.

 

ABV GOLD INCORPORATED (OTC: ABVG)

"Up 51.52% on Wednesday"

 

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

 

ABV Gold is a publicly traded, junior mining exploration company headquartered in Montreal, Canada. The company pursues the acquisition and development of mining properties known to contain significant mineral assets, principally uranium and or gold. For additional information, please visit the corporate Web site at http://www.abvgoldinc.com/.

 

FREESTAR TECHNOLOGY CORPORATION (OTCBB: FSRT)

"Up 37.93% on Wednesday"

 

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

 

FreeStar Technology Corp. provides mission-critical solutions to the financial industry worldwide. Working with merchants and acquirers in more than twenty countries, its product suite has empowered partners to focus on their core competencies, while its innovative driven approach has enabled them to benefit from first to market advantage and realize their true potential. FreeStar Technology has adopted a partnership strategy for growth. Its partners are market leaders in their respective industries. These include IKEA, Finnair and Stockmann. Its subsidiaries, Rahaxi Processing Oy., Finland, FreeStar Technologies Ireland, Ltd., and FreeStar Dominicana S.A. Dominican Republic, continue to develop and implement first class products and solutions that enhance the service level its partners can offer their customers. For more information, visit http://www.freestartech.com/ and http://www.rahaxi.com/.

 

INDEPENDENT BANK CORPORATION (NASDAQ: IBCP)

"Up 38.05% on Wednesday"

 

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

 

Independent Bank Corporation, a bank holding company, provides commercial banking services primarily in Michigan. The company offers various deposit products, including time deposits, checking and savings accounts, and NOW accounts. It also provides commercial lending, direct and indirect consumer financing, mortgage lending, and safe deposit box services. In addition, the company offers title insurance services, and investment and insurance services. Further, it provides payment plans to consumers to purchase extended automobile warranties. As of December 31, 2007, the company operated approximately 106 branches, 3 drive-thru facilities, and 9 loan production offices. Independent Bank Corporation was founded in 1864 and is based in Ionia, Michigan.

 

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 has not been compensated by any of the companies covered in this release.

 

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.