OTCPicks.com Daily Market Movers Digest Midday Report for Tuesday, August 5th MEXP, CPRK, BCND, MEDQ, DXYN

Our Stocks to Watch today include Marine Exploration Inc. (OTC: MEXP), Copper King Mining Corp. (OTC: CPRK), Beacon Redevelopment Industrial Corp. (OTC: BCND), MedQuist Inc. (Nasdaq: MEDQ), The Dixie Group Inc. (Nasdaq: DXYN)

MARINE EXPLORATION INCORPORATED (OTC: MEXP)

"Up 100.00% in morning trading"

Company Profile:

Marine Exploration, Inc., a development stage company, engages in marine treasure hunting expeditions. It involves in the exploration and recovery of deep-ocean shipwrecks, including the marketing, sale, and distribution of recovered artifacts, replicas, merchandise, and books through various retail and wholesale sales channels. The company was incorporated in 1996 as Jenkon International, Inc. and changed its name to Multimedia K.I.D., Inc. in 1999. Later, it changed its name to SYCO, Inc. in 2006; and to Marine Exploration, Inc. in 2007. The company is based in Denver, Colorado.

COPPER KING MINING CORPORATION (OTC: CPRK)

Company Profile:

Copper King Mining Corporation currently owns approximately 1200 acres in the Drum Mountains of Utah, which are patent deeded mining claims which contain gold, silver and copper. The company recently added to its holdings by filing six more claims on land which was inside their holdings, but not patent deeded. Contiguous to that acreage is approximately 1100 acres of claims filed by Western Utah Copper Company. As the companies explored the concept of a joint venture on the Drum Mountain properties, it was decided that a very viable consideration was to join the total assets of both companies.

BEACON REDEVELOPMENT INDUSTRIAL CORP. (OTC: BCND)

"Up 100.00% in morning trading"

Beacon specializes in acquiring undervalued deteriorating properties that offer the potential for above average return on investment, the properties must offer recyclable/salvageable materials along with the potential for redevelopment; the company also seeks along with the above for mentioned, properties that have the possibility for governmental grants, tax rebates or deferments as part of their criteria for acquisition. Visit www.beaconredevelopment.com for all the latest information and updates.

MEDQUIST INCORPORATED (NASDAQ: MEDQ)

"Up 38.40% in morning trading"

MedQuist, Inc. provides medical transcription technology and services in the United States. It also offers digital dictation, speech recognition, and electronic signature technologies. The company offers DocQment Enterprise Platform, a Web-based dictation and transcription management system, which integrates dictation capture, workflow management, speech recognition, medical transcription, and document distribution. Its maintenance services include onsite maintenance and remote "break-fix" services, as well as application, hardware, and software technical support for its products. In addition, the company offers SpeechQ for Radiology, a front-end speech recognition software application that allows radiologists to dictate, edit, and sign their reports in a single session or send them to an editor following dictation. Further, it offers DocQment Ovation, a Web-based enterprise digital voice capture and transport solution. The company serves health systems, hospitals, and large group medical practices. It also has a collaboration agreement with Philips Medical Systems for product development. The company was founded in 1984 and is headquartered in Mount Laurel, New Jersey. MedQuist, Inc. is a subsidiary of Koninklijke Philips Electronics N.V.

THE DIXIE GROUP INCORPORATED (NASDAQ: DXYN)

"Up 15.79% in morning trading"

The Dixie Group (www.thedixiegroup.com) is a leading marketer and manufacturer of carpet and rugs to higher-end residential and commercial customers through the Fabrica International, Masland Carpets and Dixie Home brands.

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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 received forty thousand free trading shares from a third party for MEXP advertising and promotional services. OTCPicks.com has been compensated sixteen thousand five hundred dollars by a third party for CPRK 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.