Dallas, TX 8/14/2008 11:25:16 PM
News / Finance

OTCPicks.com Daily Market Movers Digest Midday Report for Thursday, August 14th LLSR, SPNG, SMWF, GWDC, MBND

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 Lantis Laser Inc. (OTC: LLSR), Spongetech Delivery Systems Inc. (OTCBB: SPNG), Seamless Wi-Fi Inc. (OTCBB: SMWF), Growers Direct Coffee Company Inc. (OTCBB: GWDC) and Multiband Corp. (Nasdaq: MBND).

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

LANTIS LASER INCORPORATED (OTC: LLSR)

Company Profile: http://www.otcpicks.com/lantis-laser/lantis-laser-2.htm

Lantis Laser was formed to commercialize the application of novel technologies in the dental industry. The criteria for selected products include competitive edge, exclusivity and large market potential. Lantis is currently in Phase 2 development, moving through beta systems, product development and application for FDA clearance and plans to launch the OCT Dental Imaging System™ in the first quarter of 2009. Lantis has exclusive rights to the application of OCT technology in the field of dentistry under its license Agreements with Lawrence Livermore National Laboratory (exclusive); LightLab Imaging (non-exclusive) and AXSUN (exclusive). To find out more about Lantis Laser, visit www.lantislaser.com.

SPONGETECH DELIVERY SYSTEMS (OTCBB: SPNG)

Company Profile: http://www.otcpicks.com/spongetech/spongetech.htm

SpongeTech Delivery Systems is a development stage company which designs, produces, markets and distributes cleaning products for vehicular use utilizing patented technology relating to sponges containing hydrophilic (liquid absorbing) foam polyurethane matrices. The Company's sponges are specially configured with an outer contact layer and an inner matrix, which is loaded with specially formulated soaps and wax that are released when the sponge is applied to a surface with minimal pressure. The Company's products are currently designed specifically for vehicular cleaning use. However, the Company is exploring the possibility of using its patented technology for the development of sponges for other uses, including for use with anti-bacterial, bath and kitchen soaps for household uses, as well as for use as a children's bath foam sponge.

SEAMLESS WI-FI INCORPORATED (OTCBB: SMWF)

"Up 200.00% in morning trading"

Seamless Wi-Fi, Inc., through its subsidiaries, engages in the development and marketing of Internet communications products and services in the United States. The company provides wireless Internet access service known as wireless fidelity (Wi-Fi) in Wi-Fi hot spots. It also develops software program that provides Wi-Fi users with Seamless-Secure Internet Browsing, which encrypts the user's Wi-Fi signal. In addition, the company develops Phenom Encryption Software, which enables secure communications over Wi-Fi, local area networks, and wide area networks with its virtual Internet extranet network technology. The Phenom software provides secure peer mail, chat, file transfer, and remote personal computer access in a two-megabyte download; and its application protocol interface supports voice-over Internet protocol, video voice conferencing, and white boarding. Further, it manufactures and markets the S-XGen ultra mobile personal computer and communications device. The company was founded in 1983 as International Food and Beverage, Inc. and changed its name to Internet Business's International, Inc. in 1998. Further, it changed its name to Alpha Wireless Broadband, Inc. in 2004 and to Seamless Wi-Fi, Inc. in 2005. Seamless Wi-Fi, Inc. is based in Las Vegas, Nevada.

GROWERS DIRECT COFFEE (OTCBB: GWDC)

"Up 52.94% in morning trading"

Growers Direct Coffee Company, Inc., through its subsidiaries, markets and distributes green bean coffee grown in Papua New Guinea, Jamaica, and Ethiopia. It sells its coffee beans directly to coffee roaster retailers, commercial roasters, coffee brokers, and gourmet roasters and retailers. The company also offers Uncommon Grounds brand of roasted coffee, tea, and cafe supplies and equipment to coffee shops, restaurants, and directly to consumers. It offers its products in the United States, Canada, and Europe. Growers Direct Coffee Company has a strategic partnership with PNG Coffee Growers Federation, Ltd. The company was founded in 2001. It was formerly known as Coffee Pacifica, Inc. and changed its name to Growers Direct Coffee Company, Inc. in 2007. The company is based in Berkeley, California.

MULTIBAND CORPORATION (NASDAQ: MBND)

"Up 42.28% in morning trading"

Multiband Corporation, together with its subsidiaries, provides software and integrated billing services, including voice, data, and video services in the United States. The company offers services to multiple-dwelling units, including apartment buildings, condominiums, and time share resorts, as well as provides local and long distance telephone cable television, telephone, and Internet services. It also operates as a master service operator for DirecTV, a provider of satellite television service. The company offers satellite television services to residents of multi-dwelling units through a network of affiliated operators. As of March 15, 2008, Multiband Corporation had approximately 95,300 owned and managed subscriptions. The company was founded in 1933. It was formerly known as Vicom, Incorporated and changed its name to Multiband Corporation in 2004. The company is based in New Hope, Minnesota.

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 two hundred thousand free trading shares by a third party (Pine Mountain Ventures) for this current SPNG IR program. OTCPicks.com has been compensated in the past for SPNG IR services, including 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 has been compensated two hundred thousand restricted 144 shares from a third party for LLSR 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.