Dallas 10/22/2010 6:28:04 AM
News / Finance

DKAM, PDGO and TSTR are the Stocks to Watch for October 22nd from OTCPicks.com

OTCPicks.com Presents Tomorrow’s Stock(s) to Watch

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: Drinks Americas Holdings Ltd. (OTCBB: DKAM), Paradigm Oil & Gas Inc. (OTCBB: PDGO) and TerreStar Corp. (Nasdaq: TSTR).

DRINKS AMERICAS HOLDINGS LIMITED (OTCBB: DKAM) "Up 68.42% on Thursday"

Drinks Americas develops, owns, markets, and nationally distributes alcoholic and non-alcoholic premium beverages associated with renowned icon celebrities. Drinks Americas' portfolio of premium alcoholic beverages includes Trump Super Premium Vodka and Willie Nelson's Old Whiskey River Bourbon. The Company's non-alcoholic brands include the distribution of Paul Newman's Own Lightly Sparkling Fruit Juice Drinks and Flavored Waters. The company also has a partnership with Universal Music’s Interscope, Geffen, A&M Records to jointly develop and launch beverage products. Other products owned and distributed by Drinks Americas include award-winning Damiana Liqueur and Aguila Tequila from Mexico, Cohete Rum Guarana from Panama, and Rheingold Beer. Damiana, Old Whiskey River, Aguila Tequila and Cohete Rum are Gold and Silver Medal award winners respectively from the International Beverage Tasting Institute and the San Francisco International Wine and Spirits Competition. Drinks Americas was founded in 2004 by J. Patrick Kenny, a leading expert in beverage sales and marketing. Mr. Kenny developed his industry expertise in a variety of management positions at the world's leading beverage companies, including Joseph E. Seagram and Sons and The Coca-Cola Company. He has also acted as advisor to several Fortune 500 beverage marketing companies, and has participated in several beverage industry transactions.

PARADIGM OIL & GAS INCORPORATED (OTCBB: PDGO) "Up 63.04% on Thursday"

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 26.12% on Thursday"

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.

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