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Our Stocks to Watch today include General Automotive Co. (OTCBB: GNAU), SpongeTech Delivery Systems Inc. (OTCBB: SPNG), RAM Holdings Ltd. (Nasdaq: RAMR), Gaming Partners International Corp. (Nasdaq: GPIC), TRX Inc. (Nasdaq: TRXI) and CruiseCam International Inc. (OTC: CCMJ).
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GENERAL AUTOMOTIVE COMPANY (OTCBB: GNAU)
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 www.generalautomotive.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.
RAM HOLDINGS LIMITED (NASDAQ: RAMR)
"Up 17.14% in morning trading"
RAM Holdings, Ltd., through its subsidiary, RAM Reinsurance Company, Ltd., provides financial guaranty reinsurance for public finance and structured finance debt obligations insured by monoline financial guaranty companies in the United States and internationally. It provides reinsurance policies in two product lines, public finance and structured finance. Public finance obligations primarily consist of debt obligations issued by or on behalf of states, or other governmental entities or their political subdivisions; other public and quasi-public entities, including public universities and not-for-profit hospitals, and non U.S. sovereigns and their political subdivisions; private universities and hospitals; and investor-owned utilities. Structured finance obligations are securities backed by pools of assets, such as residential mortgage loans, consumer or trade receivables, securities, short-term bank deposits, or other assets having a cash flow or market value that are held by a special purpose issuing entity. RAM Holdings markets its reinsurance policies directly through the execution of treaty and facultative contracts with seven primary insurers. The company was incorporated in 1998 and is based in Hamilton, Bermuda.
GAMING PARTNERS INTERNATIONAL CORPORATION (NASDAQ: GPIC)
"Up 15.41% in morning trading"
Gaming Partners International Corporation manufactures and supplies casino table game equipments worldwide. It offers gaming chips, table layouts, playing cards, gaming furniture, dice, radio frequency identification device (RFID) readers and software, and roulette wheels. The company also provides various table accessories, such as chip trays, drop boxes, and dealing shoes, which are used in conjunction with casino table games that include blackjack, poker, baccarat, craps, and roulette. It sells its products directly to end-users, as well as through distributors. In addition, the company sells its non-casino poker chips to a wholesaler in the United States and distributors in Europe. Gaming Partners International was founded in 1963 and is headquartered in Las Vegas, Nevada.
TRX INCORPORATED (NASDAQ: TRXI)
"Up 0.93% in morning trading"
TRX, Inc., a technology company, develops and hosts software applications to automate manual processes and track transaction data in the travel industry. Its suite of products and services comprise TRAVELTRAX that provides reporting through a Web-based data reporting tool; CORREX, which enables automated quality control, file finishing, and electronic ticketing, including low fare searches, seat assignments, upgrades, and alternate route and carrier searches; and TRANXACT tools that handles various activities for its clients, including exchanges, refunds, waivers and split payments, commission management, fare loading, document distribution, debit memo processing, and back office hosting and settlement. The company also offers SELEX tools, a software functionality for exception processing, and agent workflow management and tracking; and RESX, a Web-based travel booking application that enables travelers and travel arrangers to create policy-compliant air, car, and hotel reservations. In addition, it provides DATATRAX, a data reporting suite that consolidates data records from various sources, including credit card issuers, credit card networks, back office travel systems, hotel suppliers, airlines, and global distribution systems, as well as normalizes those records into a common structure in a single data repository. The company delivers its technology applications as a service over the Internet to travel agencies, corporations, travel suppliers, government agencies, credit card associations, credit card issuing banks, and third-party administrators in North America, Europe, and Asia. TRX was incorporated in 1999 and is headquartered in Atlanta, Georgia.
CRUISECAM INTERNATIONAL INCORPORATED (OTC: CCMJ)
"Up 120.00% in morning trading"
CruiseCam International, through its two operating subsidiaries, develops and markets integrated, "in-car" camera mount and recording systems for law enforcement, consumer, commercial and transportation applications, as well as for competition racing cars. The Company's patented technology and industry-first "Cruisecam" offering have been developed since 1996, and are distributed nationwide. For more information, visit www.cruisecam.com.
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 is receiving twelve thousand shares from a third party (Windermere Capital Partners) for GNAU advertising and promotion services. 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 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.
