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http://www.otcpicks.com today to join this growing community.Our Stocks to Watch today include Pinnacle Energy Corp. (OTCBB: PENC), Overland Storage Inc. (Nasdaq: OVRL) and dELiA*s, Inc. (Nasdaq: DLIA).
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http://www.otcpicks.comPINNACLE ENERGY CORPORATION (OTCBB: PENC)
"Up 23.29% in morning trading"
Formerly named Gas Salvage Corp., Pinnacle Energy has recently completed a name change and a three-for-one forward stock split. The company now trades under the OTC symbol "PENC." All of the above-listed changes were made effective with FINRA on August 14, 2008. More information about these changes may be found in a FORM 8-K filed with the Securities and Exchange Commission on August 8, 2008. Pinnacle Energy Corp. is an independent oil and gas producer focused on acquiring and developing mature oil & gas producing assets. Pinnacle Energy Corp. is headquartered at 333 River Front Ave., Suite 153, Calgary, Alberta, T2G 5R1, Canada and can be contacted at (866) 822-0325.
OVERLAND STORAGE INCORPORATED (NASDAQ: OVRL)
"Up 18.75% in morning trading"
Overland Storage, Inc. delivers data protection solutions for backup and recovery systems worldwide. Its products include Nearline data protection appliances, which provide alternative to high-end network attached storage, and storage area network solutions; disk backup and recovery appliances that are configurable as virtual tape libraries, standalone virtual tape drives, and/or disk volumes; and data protection software, including embedded storage operating system software and add on software module programmable automation controllers, which provide data protection intelligence and advanced capabilities. The company also offers tape backup and archive solutions, such as automated tape libraries manage multiple data cartridges and provide unattended backup of data. In addition, Overland Storage, Inc. offers VR2 (Variable Rate Randomizer), the company's patented data encoding technology, which is embedded in an applications specific integrated circuit chip and is capable of increasing the native capacity and data transfer rate performance of linear tape technologies. The company markets its products through original equipment manufacturers, direct market resellers, commercial distributors, and value-added resellers principally to small and midsize businesses, multinational corporations, governmental organizations, universities, and other non-profit institutions. Its products are used in various industry sectors, including financial services, healthcare, retail, manufacturing, telecommunications, broadcasting, and research and development. The company was founded in 1980 as Overland Data, Inc. and changed its name to Overland Storage, Inc. in 2002. Overland Storage, Inc. is headquartered in San Diego, California.
DELIA*S INCORPORATED (NASDAQ: DLIA)
"Up 23.78% in morning trading"
dELiA*s, Inc. operates as a direct marketing and retail company in the United States. The company's dELiA*s brand develops, markets, and sells a collection of apparel, sleepwear, swimwear, room ware, footwear, outerwear, and key accessories for teenage girls. Its Alloy brand markets and sells branded junior apparel, accessories, swimwear, footwear, and outerwear for teenage girls. The company's CCS brand markets and sells apparel, footwear, skateboard, and snowboard products for teenage boys. dELiA*s also sells third party brands through its catalogs and the e-commerce Web pages. In addition, it operates dELiA*s retail stores that sell a range of lifestyle oriented apparel and accessories for teenage girls. The company sells its products through direct mail catalogs, Websites, and mall-based specialty retail stores. As of February 2, 2008, it operated 86 dELiA*s mall-based specialty retail stores. The company was founded in 1997 and is based in New York, New York.
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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.
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