OTCPicks.com Daily Market Movers Digest Midday Report for Wednesday, September 24th OOIL, MONA, NRDS, ASTIZ

Our Stocks to Watch today include OriginOil Inc. (OTCBB: OOIL), MonArc Corp. (OTC: MONA), Nord Resources Corp. (OTCBB: NRDS) and Ascent Solar Technologies Inc. (NASDAQ: ASTIZ).

ORIGINOIL INCORPORATED (OTCBB: OOIL)

Company Profile:

OriginOil, Inc., a development stage company, focuses on developing a technology to transform algae into an alternative to petroleum. Its patent-pending OriginOil System is an advanced bioreactor system, in which microalgae would grow and crack to extract algae oil for fuel and chemical production. The company was founded in June 2007 and is based in Los Angeles, California.

MONARC CORPORATION (OTC: MONA)

"Up 10.00% in morning trading"

Monarc Corporation was formed in 2000. The company acquired multiple subprime short term lending companies for the B2C marketplace doing business under the brand name "Cash Now" in 2003. The company also had an array of other financial products such as IFGX and Cash Next under development for the B2B marketplace; such as invoice discounting and factoring. In 2005 the company suffered a setback with 4 consecutive strikes of hurricanes of 2005 while domiciled in Florida. Unable to operate on a day to day basis without interruptions, the company was delisted from being am SEC reporting issuer soon after and consequently its stock was re-ranked as an unsolicited stock and 2006 was a reconstructing year. The company used the time out to raise capital with the issuance of preferred convertible shares. Soon after, in January 2007, it resumed operations. With the sweeping changes in the subprime industry and with most of the States and Provinces restricting this product use the company looked at different industries. In 2007, it launched a Check 21 product and a Forex division and looked towards China as a growth market. In late 2007 MONA sold these aforementioned operating assets to a China-based company and the proceeds of that sale were distributed to its shareholders. In early 2008, MONA looked for another growth industry and decided to enter beverage control. The company acquired 3 start-up entities in the hospitality control industry. In December 2007, the controlling interest of Monarc was purchased by Brookcor Holdings, on an all cash and stock basis. Those businesses were spun out several months later and the paid stock returned to the treasury. MONA identified a China-based mass distribution company and completed a reverse merger with them through their Belize holding company Fulushu Limited in June 2008. The company continues operating these entities as it nears completion of the development of its B2B product line. The company is also currently in a process of filing certain documents to remove the warning sign from the Pink Sheets quotation system and to again become a solicited company, with future plans on becoming an SEC reporting issuer. MONA is also taking measures to raise the pink sheets ranking from "Yield limited information" to a "pink check mark status."

NORD RESOURCES CORPORATION (OTCBB: NRDS)

"Up 26.05% in morning trading"

Nord Resources Corporation explores, develops, and operates mineral properties. The company's primary asset is the Johnson Camp Mine, located approximately 65 miles east of Tucson, Arizona, which it is reactivating to produce copper. The company commenced commercial copper production from residual leaching of the existing ore heaps on February 1, 2008 and expects to reach full copper production at a rate of approximately 25 million pounds per annum in spring 2009.

ASCENT SOLAR TECHNOLOGIES INCORPORATED (NASDAQ: ASTIZ)

"Up 16.71% in morning trading"

Ascent Solar Technologies, Inc. is a developer of thin-film photovoltaic modules with substrate materials that can be more flexible and affordable than most traditional solar panels. Ascent Solar modules can be directly integrated into standard building materials, space applications, consumer electronics for portable power or configured as stand alone modules for large scale terrestrial deployment. Ascent Solar is located in Littleton, Colorado.

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Disclosure: OTCPicks.com has is being compensated two thousand dollars by a third party (Blue Wave Advisors) for a one week OOIL advertising and promotional program.

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