Dallas, TX - The Publisher of Daily OTC Stocks Newsletter (http://www.otcpicks.com/hotpicks.htm) and Free Red Hot Stock Picks presents the following penny stocks to watch today: Cono Italiano Inc. (OTCBB: CNOZ), Biopack Environmental Solutions Inc. (OTCBB: BPAC), Paradigm Oil & Gas Inc. (OTCBB: PDGO), TerreStar Corp. (Nasdaq: TSTR) and Ideal Financial Solutions Inc. (OTC: IFSL).
CONO ITALIANO INCORPORATED (OTCBB: CNOZ) "Up 16.05% in morning trading"
Cono Italiano, Inc. owns the North American distribution and manufacturing rights for Pizza Cono. This Pizza Cone is designed to be a drip free, spill free cone-shaped pizza made of proprietary dough and filled with freshly selected ingredients. The Company intends that the Pizza Cone will be distributed through the fast food market. The Pizza Cone will be distributed to quick-service restaurants (QSR), takeaways, and leisure locations. These establishments include typical fast food chains, supermarkets, convenience stores, entertainment facilities and sports arenas. Sales of frozen pizza in 2009 were $4.4 billion making it one of the fastest growing categories in supermarkets and convenience stores.
BIOPACK ENVIRONMENTAL SOLUTIONS (OTCBB: BPAC)
Biopack manufactures 100% biodegradable consumer packaging products from locally available sugar cane waste called Bagasse. Based in Hong Kong with manufacturing facilities in Jiangmen, China, Biopack has earned the "premium brand" label in the biodegradable packaging market in Europe. Distributed under the "Roots Biopack" trademark, Biopack’s unique line of compostable packaging is sold in 12 European countries, North America, Hong Kong, Taiwan and South Africa.
PARADIGM OIL & GAS INCORPORATED (OTCBB: PDGO) "Up 38.70% in morning trading"
Paradigm Oil & Gas Inc. identifies and acquires energy properties with previously discovered known oil and gas reserves that have not either been fully produced from, or fully developed and defined. Utilizing new technologies like the Transportable Enhanced Oil Recovery Platform, Paradigm expects to generate profit from these previously producing wells. The company has acquired properties covering 1,148 acres all located in the State of Texas, USA. Combined there are a total of 23 existing previously producing wells and available spacing to support the drilling of approximately 30 new wells in the 3,800' to 9,000' range and approximately 100 new wells in the 800' to 1,800' range.
TERRESTAR CORPORATION (NASDAQ: TSTR) "Up 26.41% in morning trading"
TerreStar Corporation, through its subsidiaries, owns wireless communications businesses in North America. The company, through its subsidiary TerreStar Networks, Inc., plans to build, own, and operate an Internet protocol based integrated satellite and terrestrial communications network to provide mobile communication services in the United States and Canada. Motient, through its another subsidiary, TerreStar Global, Ltd., also plans to build, own, and operate a Pan-European resilient, interoperable two-way communications network to address public protection and disaster relief, as well as provide broadband connectivity in rural regions. The company was founded in 1988. It was formerly known as Motient Corporation and changed its name to TerreStar Corporation in August 2007. The company is headquartered in Reston, Virginia.
IDEAL FINANCIAL SOLUTIONS (OTC: IFSL) "Up 20.00% in morning trading"
Based in Las Vegas, Ideal Financial Solutions provides the education, support and automated tools to create additional cash resources, rapidly eliminate all non-asset-building debt and build financial independence. As a leader in personal cash flow management systems, Ideal uses its automated CashFlow Management tools and its Credit to Wealth Systems to assist individuals, families and small businesses in building financial independence.
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Disclosure: OTCPicks.com has been compensated seven thousand five hundred dollars by a third party for CNOZ advertising and promotional services. OTCPicks and affiliates have been compensated ten thousand five hundred dollars by a third party (A New Day Media) for BPAC advertising and promotional services.
