Dallas, TX 9/29/2008 11:32:09 PM
News / Finance

OTCPicks.com Daily Market Movers Digest Midday Report for Monday, September 29th SRDG, RNNM, GCHK, DLIA, ELRA, CABN

OTCPicks.com’s Daily Small Cap and Microcap Newsletter presents a range of the hottest small cap stocks on trading on the OTC and OTCBB markets. In addition to our Newsletters, OTCPicks.com is quickly becoming the premier community destination for small cap and microcap traders to meet up and discuss their top stock picks. Visit http://www.otcpicks.com today to join this growing community.

Our Stocks to Watch today include Southridge Enterprises Inc. (OTCBB: SRDG), Ronn Motor Co. (OTC: RNNM), GreenChek Technology Inc. (OTCBB: GCHK), dELiA*s Inc. (Nasdaq: DLIA), Elray Resources Inc. (OTCBB: ELRA) and Carbon Sciences Inc. (OTCBB: CABN).

For the complete newsletter please visit: http://www.otcpicks.com/daily-market-movers/index.php

For more in-depth coverage of small cap stocks visit http://www.otcpicks.com

SOUTHRIDGE ETHANOL INCORPORATED (OTCBB: SRDG)

"Up 40.00% in morning trading"

Company Profile:

http://www.otcpicks.com/southridge-enterprises/southridge-enterprises.htm

Southridge Ethanol, Inc. is a renewable energy company with a mission to become the ethanol producer of choice in the southeastern region of the United States. The company is focusing its efforts in an area which offers abundant supplies of corn, superior transportation infrastructure and expedited permitting processes. The Company is actively acquiring and developing ethanol production facilities with a planned capacity of 60 million gallons per year and anticipates start-up of the first phase of these operations in 2007. Southridge Ethanol is headquartered in Dallas, TX.

RONN MOTOR COMPANY (OTC: RNNM)

"Up 4.35% in morning trading"

Company Profile: http://www.otcpicks.com/ronn-motor-company.htm

Headquartered in Austin, Texas, Ronn Motor Company, Inc. (OTC:RNNM) is a design and manufacturing company focused on the leading edge engineering of environmentally friendly, finely built premium automobiles and technology. These technology systems include Hydrogen Fuel, Fuel cells, and Plug in-electrics will be incorporated into our automobiles and made available for aftermarket applications. Our products, coupled with RMC's core values of a strong sense of ethics, environmental sensitivity and premium quality, position the company as one of the new leaders in an automotive industry transitioning toward fuel efficiency.

GREENCHEK TECHNOLOGY INCORPORATED (OTCBB: GCHK)

Company Profile:

http://www.otcpicks.com/greenchek-technology/greenchek-technology.htm

GreenChek Technology, Inc. manufactures and distributes hydrogen injection technology devices that primarily focus on mobile transportation applications and industrial generative power applications. It also provides mobile greenhouse gas emissions reduction technology. The company's Onboard Hydrogen Generation and Injection technology is used for emissions reduction technology and fuel economy enhancement in trucks, locomotives, and automobile engines. It has operations in the United States, Canada, Asia, and Europe. The company, formerly known as Ridgestone Resources, Inc., was founded in 2006 and is headquartered in San Francisco, California.

DELIA*S INCORPORATED (NASDAQ: DLIA)

"Up 19.60% 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.

ELRAY RESOURCES INCORPORATED (OTCBB: ELRA)

"Up 43.08% in morning trading"

Elray Resources, Inc. is a junior exploration and development Corporation which has successfully accumulated a portfolio of four highly prospective, heavily mineralized mining tenements in Cambodia and Mexico. Elray Resources primary objective is to source potential and viable projects, conduct geological assessments and seek Joint Venture partners to develop the properties. Elray Resources 100% controlled entity in Cambodia is Angkor Wat Minerals Ltd.

CARBON SCIENCES INCORPORATED (OTCBB: CABN)

"Up 43.57% in morning trading"

Carbon Sciences, Inc. engages in developing GreenCarbon technology to convert the greenhouse gas and carbon dioxide into earth-friendly products. Its GreenCarbon technology is targeted at coal-fired electrical power plants and fuel production plants. The company, formerly known as Zingerang, Inc., was founded in 2006 and is based in Santa Barbara, California.

About OTCPicks.com

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.

Disclosure: OTCPicks.com has been compensated three hundred thousand free trading shares by a non-controlling third party for SRDG advertising and promotional services. OTCPicks.com has been compensated two thousand dollars by a third party (Green Horseshoe Inc.) for a one week RNNM advertising and promotional program. OTCPicks.com has been compensated eight thousand dollars by a third party (BlueWave Advisors) for GCHK advertising and promotional services. OTCPicks once received nine thousand dollars from a third party for CABN advertising and promotion services.

OTCPicks.com is not a registered investment advisers or broker/dealer. OTCPicks.com makes no recommendation that the purchase of securities of companies profiled in this website is suitable or advisable for any person or that an investment such securities will be profitable. In general, given the nature of the companies profiled and the lack of an active trading market their securities, investing in such securities is highly speculative and carries a high degree of risk.