Dallas, TX 8/29/2008 11:26:31 PM
News / Business

OTCPicks.com Daily Market Movers Digest Midday Report for Friday, August 29th IBOT, BIOF, GLFE, JMBA

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 Industrial Biotechnology Corp. (OTC: IBOT), BioFuel Energy Corp. (Nasdaq: BIOF), Gulf United Energy Inc. (OTCBB: GLFE) and Jamba Inc. (Nasdaq: JMBA).

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

INDUSTRIAL BIOTECHNOLOGY CORPORATION (OTC: IBOT)

Company Profile:

http://www.otcpicks.com/industrial-biotech/industrial-biotech-2.htm

Industrial Biotechnology Corporation, (IBC) provides products, services and technologies using renewable resources as an alternative to petroleum and traditional manufacturing methods. IBC production processes are eco-efficient and apply and adhere to sustainable practices and standards. IBC accomplishes this with the ALCHEMx Production Platforms™, which integrates technologies, sustainable manufacturing, and distribution with supply chain partners to meet customer needs and pricing requirements. IBC utilizes sugarcane based ethanol which is considered the leading cost efficient, energy balanced and environmentally sustainable feedstock source, when compared to petroleum and other alternative fuels.

BIOFUEL ENERGY CORPORATION (NASDAQ: BIOF)

"Up 22.69% in morning trading"

BioFuel Energy Corp. engages in the production of ethanol in the United States. It has two ethanol plants that produce 115 million gallons per year, which are located in Wood River, Nebraska and Fairmont, Minnesota. The company was founded in 2006 and is headquartered in Denver, Colorado.

GULF UNITED ENERGY INCORPORATED (OTCBB: GLFE)

"Up 66.67% in morning trading"

Gulf United Energy, Inc., a development stage company, engages in developing and participating in upstream and downstream oil and gas projects. It has joint venture interests in a natural gas pipeline project, and a liquefied natural gas regasification and storage facility in Mexico. The company was founded in 2003. It was formerly known as Stonechurch, Inc. and changed its name to Gulf United Energy, Inc. in 2006. Gulf United Energy is based in Houston, Texas.

JAMBA INCORPORATED (NASDAQ: JMBA)

"Up 22.24% in morning trading"

Jamba, Inc., through its subsidiary, Jamba Juice Company, owns and franchises Jamba Juice stores. The company operates as a retailer of blended-to-order fruit smoothies, squeezed-to-order juices, blended beverages, and snacks in the United States. As of January 1, 2008, it operated 707 stores comprising 501 company-owned stores and 206 franchisee-owned stores. The company was founded in 1990 and is headquartered in Emeryville, 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 is being compensated up to eight thousand dollars by a third party for IBOT 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.