Dallas, TX 8/13/2008 7:35:49 AM
News / Finance

OTCPicks.com Stocks to Watch for Wednesday, August 13th FDMF, NWTT, SOLI, SPNG, PURO, VRAZ

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 Freedom Financial Holdings Inc. (OTC: FDMF), NW Tech Capital Inc. (OTCBB: NWTT), Solei Systems Inc. (OTC: SOLI), SpongeTech Delivery Systems Inc. (OTCBB: SPNG), Purio Inc. (OTCBB: PURO) and Veraz Networks Inc. (Nasdaq: VRAZ).

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

FREEDOM FINANCIAL HOLDINGS INCORPORATED (OTC: FDMF)

"Up 114.29% on Tuesday"

Freedom Financial Holdings, Inc. ("FFH") is a holding company with a focus on the identification of opportunities. The Company's objective is to acquire undervalued assets and/or initiate operations in underserved niches. Once established within the FFH portfolio, the Holding Company will provide the support necessary to enable each of its subsidiaries to maximize their business opportunities. FFH also operates two divisions with a focus in the financial services sector; Freedom Financial Mortgage Corp. ("FFMC") with operations in Indiana, Ohio, Georgia and Florida and Freedom Mortgage Resolutions, Inc. with operations in Ohio, Indiana, Alabama, Illinois, Michigan, Minnesota, North Dakota, North Carolina, Wisconsin, Tennessee, Mississippi, Georgia, Florida, Nevada, Mississippi and Colorado.

NW TECH CAPITAL INCORPORATED (OTCBB: NWTT)

"Up 70.00% on Tuesday"

NW Tech trades on the OTC Bulletin Board under the ticker symbol "NWTT." For more information on NW Tech Capital, contact investor@nwtechcapital.com or visit web site at www.nwtechcapital.com.

SOLEI SYSTEMS INCORPORATED (OTC: SOLI)

"Up 66.67% on Tuesday"

Solei Systems, Inc., a fitness technology company, provides solutions for fitness clubs. The company offers workout planning and tracking system, which tracks, records, and translates workout results for member and fitness club challenges. Solei Systems, Inc. is based in Santa Cruz, California with additional offices in California, New York, and Toronto.

SPONGETECH DELIVERY SYSTEMS INCORPORATED (OTCBB: SPNG)

"Up 48.15% on Tuesday"

Spongetech Delivery Systems, Inc. engages in the design, production, marketing, and distribution of hydrophilic polyurethane sponge cleaning and waxing products primarily for vehicular use in the United States. The company utilizes patented technology relating to sponges containing hydrophilic, which are liquid absorbing, foam polyurethane matrices. Its product portfolio comprises specially configured sponges containing an outer contact layer and an inner matrix; children's bath foam sponge with a safe mesh coating, which prevents tearing; and household cleaning sponges infused with anti-bacterial bath and kitchen soaps. The company was founded in 1999 and is based in New York, New York.

PURIO INCORPORATED (OTCBB: PURO)

"Up 20.50% on Tuesday"

Purio Inc. owns proprietary water clarification technology suitable to a broad number of applications including the clarification of surface water, industrial process water and sewage. Purio intends to apply its technology initially to industrial and commercial applications to reclaim water and reduce the need for fresh water in such applications. Purio further intends to use its proprietary technology to produce potable water for commercial and residential use. Purio will commercialize its technology via a number of channels, namely licensing strategic partners to build and sell and/or operate units outside of North America, outright sale of their second generation (patent pending) units to end users and will build, own and operate on a fee for service basis their larger permanent installation units in North America. Purio is based in Blaine, Washington.

VERAZ NETWORKS INCORPORATED (NASDAQ: VRAZ)

"Up 28.71% on Tuesday"

Veraz Networks, Inc. provides voice infrastructure solutions for wireline and wireless service providers. It offers bandwidth optimization products that include digital circuit multiplication equipment, and media gateways; and NGN, switching products that comprise ControlSwitch product family based on the Internet protocol (IP) multimedia subsystem. The company also provides services consisting of hardware and software maintenance and support, installation, training, and other professional services. Its products enable service providers to transport, convert, and manage data and voice traffic over time-division multiplexing and IP networks. Veraz Networks sells its products through direct sales force, as well as through indirect sales channels. The company was founded in 2001 and is headquartered in San Jose, California.

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 fourty thousand shares from a third party (Pine Mountain Ventures) for PURO advertising and promotional services. OTCPicks.com has been compensated seventeen thousand dollars by the company and four hundred thousand free trading shares by a non-controlling third party for multiple 30-day SPNG IR programs.

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.