Dallas, TX 8/4/2008 10:36:03 AM
News / Finance

OTCPicks.com Stocks to Watch for Monday, August 4th COGL, CDLX, NEOM, RDWG, CTBG

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 Cheetah Oil and Gas Ltd. (OTCBB: COGL), Coddle Creek Financial Corp. (OTC: CDLX), NeoMedia Technologies Inc. (OTCBB: NEOM), Road Wings Inc. (OTC: RDWG), Coil Tubing Technology Inc. (OTC: CTBG).

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

CHEETAH OIL & GAS LIMITED (OTCBB: COGL)

"Up 140.00% on Friday"

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

Cheetah Oil & Gas Limited is an exploration stage oil and gas company engaged in the exploration for petroleum and natural gas in the country of Papua New Guinea through its 10 percent equity interest in Cheetah Oil & Gas B.C. Ltd. ("Cheetah BC"). The company was previously intending to enter into the businesses of a technology venture finance company to organize, capitalize, acquire and finance technology companies, and subsequent to that attempted to acquire certain resource leases in the Raton Basin. Due to the inability to run these businesses with a profit, the default on the obligations of certain parties and the difficulty in attracting additional capital on terms favorable to existing shareholders, previous management ceased operation of all prior businesses in 2002. Cheetah Oil & Gas currently holds a ten percent equity interest in Cheetah BC. Cheetah BC currently holds five petroleum prospecting licences and one petroleum retention licence in Papua New Guinea covering approximately 8.3 million acres. PRL 13, PPL 246 and PPL 250 are located in South-Central of Papua New Guinea and PPL 245, PPL 249 and PPL 252 are located along the Northern Coast.

CODDLE CREEK FINANCIAL CORPORATION (OTC: CDLX)

"Up 118.04% on Friday"

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

Coddle Creek Financial Corp. operates as a bank holding company for Mooresville Savings Bank, Inc., S.S.B (bank). The bank’s activities include attracting retail deposits from the general public and using such deposits to make mortgage loans secured by real estate. It primarily makes one-to-four family residential real estate loans; loans secured by multifamily residential and commercial property, construction loans, and equity line of credit loans; and also makes loans that are not secured by real property, such as loans secured by pledged deposit accounts, and various types of secured and unsecured consumer loans. The bank’s other activities comprise investments, and interest-earning deposit balances in other depository institutions. It operates through three full service offices in Mooresville, Cornelius, and Huntersville, North Carolina. The company is headquartered in Mooresville, North Carolina.

NEOMEDIA TECHNOLOGIES INCORPORATED (OTCBB: NEOM)

"Up 60.00% on Friday"

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

NeoMedia Technologies, Inc. is the global leader in optically initiated wireless transactions, bridging the physical and mobile world with innovative direct to web technology solutions. To provide a robust high-performance infrastructure for the processing of optical codes NeoMedia extends their offering with award winning Gavitec technology. Located in Germany, Gavitec AG - mobile digit is a leader in development and distribution of mobile scanners and software for mobile applications. In addition, Gavitec provides standardized and individual solutions for mobile marketing, couponing, ticketing and payment systems. To learn more, visit www.neom.com, www.neoreader.com, and www.mobiledigit.de.

ROAD WINGS INCORPORATED (OTC: RDWG)

"Up 57.14% on Friday"

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

Road Wings, Inc. offers telecommunication services and is based in Henderson, Nevada.

COIL TUBING TECHNOLOGY HOLDING INCORPORATED (OTC: CTBG)

"Up 54.29% on Friday"

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

CTTH was formed as a holding company of several operating companies in 1999 and continues to have two wholly owned subsidiaries. Through its primary subsidiary, CTTH specializes in the design of proprietary tools for the coil tubing industry, concentrating on four categories of coil tubing application: thru tubing fishing, thru tubing work over, pipeline clean out, and coil tubing drilling. CTTH and its subsidiaries were founded by Jerry Swinford, an oilfield tool designer with more than 25 years experience in the creation of oilfield tools. Mr. Swinford continues to serve as CTBG and CTTH’s director, CEO and president.

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 been compensated six thousand dollars by a third party for CTBG 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.