Dallas 11/3/2010 10:47:07 PM
News / Stocks

GYPH, SPPH, FWDG, IFXY, INTK, MINE and BLEW are the Daily Market Movers for November 3rd from OTCPicks.com

OTCPicks.com Presents Today’s Daily Market Movers

Dallas, TX - The Publisher of Daily OTC Stocks Newsletter and Free Red Hot Stock Picks presents the following penny stocks to watch today: Gryphon Gold Corp. (OTCBB: GYPH), Spencer Pharmaceutical Inc. (OTC: SPPH), Futureworld Energy Inc. (OTC: FWDG), Infrax Systems Inc. (OTCBB: IFXY), Industrial Nanotech Inc. (OTC: INTK), Minerco Resources Inc. (OTCBB: MINE) and Bluewave Group Inc. (OTCBB: BLEW).

GRYPHON GOLD CORPORATION (OTCBB: GYPH)

Gryphon Gold is a Nevada-focused gold exploration and development company. Its principal gold resource, the 1.4 million ounce (measured and indicated) and 1.1 million ounce (inferred) Borealis deposit, is located in the Walker Lane gold belt of western Nevada. The Borealis gold system is one of the largest known volcanic-hosted high-sulphidation gold bearing mineralized systems in Nevada.

SPENCER PHARMACEUTICAL INCORPORATED (OTC: SPPH)

Spencer Pharmaceutical Inc. is a US-based Pharmaceutical Research and Development Corporation, which is developing innovative drug release and absorption systems for the treatment of metabolic diseases such as diabetes and metabolic syndrome.

FUTUREWORLD ENERGY INCORPORATED (OTC: FWDG)

FutureWorld Energy, Inc., a Delaware corporation, is a U.S. Diversified Energy Holding Company, listed on the Over the Counter exchange, which was formed to capitalize on the burgeoning markets in renewable and alternative energy technologies globally. FutureWorld Energy, together with its subsidiaries, focuses on the identification, acquisition, development, and commercialization of renewable and alternative energy technologies globally. Through established relationships with universities, research centers and government agencies, we strive to identify technologies on the leading edge of innovation that would contribute immensely to the global energy needs while protecting the future for our children and theirs.

INFRAX SYSTEMS INCORPORATED (OTC: IFXY)

Infrax Systems offers a series of interrelated operational management, communications, and grid security related products and services known as Secure Intelligent Energy Platform (SIEP). Our products enable a comprehensive and unified solution for communications and applications management of the Smart Grid. SIEP™ incorporates a wide array of communications, security, device and data management tools for Smart Grid applications such as advanced metering solutions and grid optimization. SIEP platform creates a unified solution to securely manage Advanced Metering Infrastructure (AMI) and distribution automation. Infrax's secure smart grid platform incorporates a communications transport and management system, (Grid Mesh™), device and data security management, and ultimately secures intelligent endpoint devices (SIED). The secure management of the "last mile" backhaul will be necessary for utilities to implement Smart Grid applications including AMI, real-time pricing, Demand Side Management (DSM), Distribution Monitoring and Automation. When combined, these applications can offer economic, operational and environmental benefits for utilities, and ultimately the utility's customers.

INDUSTRIAL NANOTECH INCORPORATED (OTC: INTK) "Up 5.81% in morning trading"

Industrial Nanotech Inc. is a global nanoscience solutions and research leader and member of the U.S. Greenbuilding Council, the American Solar Energy Society, and an official ALLY organization with the U.S. Dept. of Energy "Save Energy Now" program. The Company develops and commercializes new and innovative applications for sustainable nanotechnology which are sold worldwide.

MINERCO RESOURCES INCORPORATED (OTCBB: MINE) "Up 72.86% in morning trading"

Minerco Resources, Inc., a development stage company, engages in the acquisition of interests and leases in oil and natural gas properties in Canada. It intends to acquire royalties or other non-operated interests in productive or soon-to-be productive oil and natural gas projects, as well as operated interests in development stage oil and gas properties. The company owns a royalty interest in PMD-Duke pipeline, a natural gas pipeline. Minerco Resources, Inc. was founded in 2007 and is based in LaSalle, Canada.

BLUEWAVE GROUP INCORPORATED (OTCBB: BLEW) "Up 9.09% in morning trading"

Bluewave Group is a highly dynamic and fully comprehensive music, technology and sports entertainment company. Bluewave Group plans to engage multiple demographics with a specific focus on the Lower Disposable Income (LDI) market. Bluewave Group will provide affordable high-quality premium-designed musical products, unique audio experiences and top-notch sports and entertainment events. Maintaining social responsibility is at the core of the business model.

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Disclosure: OTCPicks and affiliates have been compensated ten thousand dollars by a third party (IAB Media) for SPPH advertising and promotional services. OTCPicks has been compensated ten thousand dollars from a third party (Sidkay Holding Corp.) for IFXY advertising and promotional services and has received ten thousand dollars for a later IR program from a third party (Eden Capital LLC) for IFXY adverising and promotional services. OTCPicks has been compensated four hundred thousand rule 144 restricted shares from the company for INTK advertising and promotional services. OTCPicks and affiliates have been compensated fifteen thousand dollars by a third party for GYPH advertising and promotional services. OTCPicks has been compensated ten thousand dollars from a third party (Hoboken Street Associates) for FWDG advertising and promotional services.