Dallas, TX 7/25/2008 10:54:07 PM
News / Finance

OTCPicks.com Daily Market Movers Digest Midday Report for Friday, July 25th WNEA, MGRN, GNAU, EPCT, PILL, CNEX

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), General Automotive Co. (OTCBB: GNAU), EpiCept Corp. (Nasdaq: EPCT), ProxyMed Inc./MedAvant Healthcare Solutions (Nasdaq: PILL), Cannon Exploration Inc. (OTC: CNEX)

 

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.

 

MONOGRAM ENERGY INCORPORATED (OTC: MGRN)

"Up 12.68% in morning trading"

 

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.

 

GENERAL AUTOMOTIVE COMPANY (OTCBB: GNAU)

 

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

 

Company Profile:

http://www.otcpicks.com/general-automotive/general-automotive-2.htm

 

General Automotive Company ("GAC") is a provider of original equipment and aftermarket automotive parts, mobile electronics, and related automotive products at multiple levels of distribution throughout the United States and internationally. Through its two wholly owned subsidiaries, Global Parts Direct and OE Source, the company focuses its efforts on utilizing its relationships with manufacturers in China, Korea and Japan to bring state-of-the-art automotive parts, accessories and products to automobile manufacturers and major parts distributors in the U.S. For more information on GAC and its products, visit http://www.generalautomotive.com/.

 

EPICEPT CORPORATION (NASDAQ: EPCT)

"Up 186.67% in morning trading"

 

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

 

EpiCept Corporation, a specialty pharmaceutical company, focuses on the development of pharmaceutical products for the treatment of cancer and pain. The company's lead oncology product candidate is Ceplene, which is used for the treatment of acute myeloid leukemia. Its cancer product portfolio includes Azixa, a Phase II clinical trial product to treat the patients with primary glioblastoma and melanoma that has metastasized to the brain and non-small-cell lung cancer that has spread to the brain; and EPC2407, a Phase I clinical trial completed oncology product candidate for the treatment of patients with advanced solid tumors and lymphomas. The company's pain product portfolio comprises EpiCept NP-1, a prescription topical analgesic cream for the long-term relief of peripheral neuropathies; LidoPAIN BP, a prescription analgesic non-sterile patch to provide sustained topical delivery of lidocaine for the treatment of acute or recurrent lower back pain; and LidoPAIN SP, a sterile prescription analgesic patch designed to provide sustained topical delivery of lidocaine to a post-surgical or post-traumatic sutured wound. It has strategic alliances with Endo Pharmaceuticals, Inc.; Myriad Genetics, Inc.; DURECT Corporation; Adolor Corporation; Epitome Pharmaceuticals Limited; and Shire Biochem, Inc. The company was founded in 1993 and is based in Tarrytown, New York.

 

PROXYMED INCORPORATED (NASDAQ: PILL)

"Up 28.25% in morning trading"

 

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

 

ProxyMed, Inc., doing business as MedAvant Healthcare Solutions, is an information technology company that facilitates the exchange of medical claim and clinical information among doctors, hospitals, medical laboratories, and insurance payers. It connects payers with providers in a real-time environment for the purpose of transparently messaging administrative, financial, and clinical information. The company offers products and services to process healthcare transactions, including claims, ERA, eligibility, claims status, referral authorization, and encounters. Its claims processing services include real-time processing; myMedAvant, a real-time Web portal; electronic attachments to claims possible; “Front door” pre-adjudication services; and same session claims processing. ProxyMed has strategic partnership with Bloodhound and The Sentinel Group. The company was founded in 1987 and is headquartered in Norcross, Georgia.

 

CANNON EXPLORATION INCORPORATED (OTC: CNEX)

"Up 40.00% in morning trading"

 

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

 

Cannon Exploration is positioning itself to emerge as a pre-eminent resource exploration company in the North American mining industry, and particularly properties located in preferred mining districts in Canada.

 

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 is receiving twelve thousand shares from a third party (Windermere Capital Partners) for GNAU advertising and promotion 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.