OTCPicks.com Daily Market Movers Digest Midday Report for Monday, August 18th AGMS, SPNG, GNAU, NEXC, FOUR, YGYB

Our Stocks to Watch today include Angstrom Microsystems Corp. (OTCBB: AGMS), SpongeTech Delivery Systems Inc. (OTCBB: SPNG), General Automotive Co. (OTCBB: GNAU), NexCen Brands Inc. (Nasdaq: NEXC), 4C Controls Inc. (OTCBB: FOUR) and Yongye Biotechnology International Inc. (OTCBB: YGYB).

ANGSTROM MICROSYSTEMS CORPORATION (OTCBB: AGMS)

Angstrom Microsystems is one of the top Green computing companies, providing technology solutions ranging from liquid-cooled blades to acceleration software in order to help reduce the power requirements of datacenters. Its customers include Rhythm & Hues, Fox Films, Tippett Studios and the National Institutes of Health. Angstrom has earned a reputation for quality, service, and engineering innovation in the AMD Opteron processor-based system market. See Angstrom Microsystems in the end credits of Blue Sky Studios' "Ice Age: The Meltdown."

SPONGETECH DELIVERY SYSTEMS (OTCBB: SPNG)

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.

GENERAL AUTOMOTIVE COMPANY (OTCBB: GNAU)

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.

NEXCEN BRANDS INCORPORATED (NASDAQ: NEXC)

"Up 42.83% in morning trading"

NexCen Brands, Inc. operates as a brand management and franchising company in the United States and internationally. The company licenses and franchises brand and intellectual property, including trademarks, trade names, copyrights, franchise rights, patents, trade secrets, and know-how. It manages, develops, and acquires intellectual property and intellectual property -centric businesses operating in consumer branded products, retail franchising, and quick service restaurant franchising segments. The company owns, licenses, franchises, and markets a portfolio of brands, including Bill Blass, Waverly, The Athlete's Foot, Shoebox New York, Great American Cookies, MaggieMoo's, Marble Slab Creamery, Pretzel Time, and Pretzelmaker. It licenses and franchises its brands to retailers, manufacturers, and franchisees. The company also involves in the marketing, promotion, and quality control of products and services that make use of its brands, as well as provides support services. As of December 31, 2007, its franchise network consisted of approximately 1,900 franchised stores. The company was founded in 1996. It was formerly known as Aether Holdings, Inc. and changed its name to NexCen Brands, Inc. in 2006. The company is headquartered in New York, New York.

4C CONTROLS INCORPORATED (OTCBB: FOUR)

"Up 33.33% in morning trading"

4C Controls, Inc. does not have significant operations. The Company intends to create strategic affiliations with international security and surveillance enterprises serving security markets worldwide and establish an ability to design, manage, and integrate high technology security solutions. The company, formerly known as Amecs, Inc., was founded in 2004 and is based in New York, New York. 4C Controls Inc. is a subsidiary of Rudana Investment Group AG.

YONGYE BIOTECH INTERNATIONAL (OTCBB: YGYB)

"Up 32.86% in morning trading"

Yongye Biotechnology International, Inc., headquartered in Beijing, is engaged in the development, distribution and sales of fulvic acid based nutrients for plants and animals. The Company's patent pending processes and proprietary formulas allow it to create products which increase crop yields and improve the health of livestock. Its sole operating subsidiary, Yongye Nongfeng Biotechnology Company, Ltd., is located in Inner Mongolia. The Company sells its products through distributors and directly to farmers located in ten provinces throughout China.

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Disclosure: OTCPicks.com has been compensated seventy five thousand free trading shares by a third party, non-controlling shareholder (Richard Hue) for AGMS advertising and promotional 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 is receiving twelve thousand shares from a third party (Windermere Capital Partners) for GNAU advertising and promotion services.

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