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 SpongeTech Delivery System Inc. (OTCBB: SPNG), ECC Capital Corp. (OTC: ECRO), New Century Equity Holdings Corp. (OTCBB: NCEH), Mediatechnics Corp. (OTC: MEDT) and Converted Organics Inc. (NASDAQ: COIN).
For the complete newsletter please visit:
http://www.otcpicks.com/daily-market-movers/index.phpFor more in-depth coverage of small cap stocks visit
http://www.otcpicks.comSPONGETECH DELIVERY SYSTEMS (OTCBB: SPNG)
Company Profile:
http://www.otcpicks.com/spongetech/spongetech.htmSpongeTech 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.
ECC CAPITAL CORPORATION (OTC: ECRO)
"Up 88.54% in morning trading"
ECC Capital Corporation, a mortgage real estate investment trust (REIT), invests in residential mortgage loans in the United States. It owns and manages interests in securitization trusts, which issued securities collateralized by mortgages on residential real estate. The company qualifies as a REIT for federal income tax purposes. As a REIT, it would not be subject to federal income tax to the extent that it distributes at least 90% of its REIT taxable income to its shareholders. ECC Capital Corporation was founded in 2004 and is based in Irvine, California.
NEW CENTURY EQUITY HOLDINGS INCORPORATED (OTCBB: NCEH)
"Up 67.65% in morning trading"
New Century Equity Holdings Corp. holds interest in ACP Investments L.P (Ascendant), which provides asset management services. It intends to redeploy its assets to enhance stockholder value and is seeking, analyzing, and evaluating potential acquisition and merger candidates. The company, formerly known as Billing Concepts Corp., was founded in 1996 and is headquartered in Dallas, Texas.
MEDIATECHNICS CORPORATION (OTC: MEDT)
"Up 18.92% in morning trading"
Mediatechnics Corporation (www.mediatechnicscorporation.com) is the parent company of Mediatechnics Systems Inc., MediaMaster Corporation, The Live Network, Innotech and CRD Technology.
CONVERTED ORGANICS INCORPORATED (NASDAQ: COIN)
"Up 13.99% in morning trading"
Converted Organics, Inc. focuses on the manufacture, sale, and distribution of natural soil amendment products combining nutritional and disease suppression characteristics. It uses organic food waste as raw material to manufacture soil amendment products. Converted Organics plans to sell and distribute these products in the agribusiness, turf management, and retail markets. The company was founded in 2003 and is headquartered in Boston, Massachusetts.
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 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.
