Dallas, TX 10/2/2008 12:55:34 AM
News / Finance

OTCPicks.com Daily Market Movers Digest Midday Report for Wednesday, October 1st PGOG, RNNM, AAII, EFJI, OXGN

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 Perf Go Green Holdings Inc. (OTCBB: PGOG), Ronn Motor Company Inc. (OTC: RNNM), Alabama Aircraft Industries Inc. (Nasdaq: AAII), EF Johnson Technologies Inc. (Nasdaq: EFJI) and OXiGENE Inc. (Nasdaq: OXGN).

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

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PERF GO GREEN HOLDINGS INCORPORATED (OTCBB: PGOG)

"Up 6.36% in morning trading"

Company Profile: http://www.otcpicks.com/perf-go-green/perf-go-green.htm

Perf Go Green Holdings, Inc. is engaged in the creation and global marketing of 100% eco-friendly, non-toxic, food-contact-compliant, biodegradable plastic products. All Perf Go Green products are made from recycled plastics and completely break down in landfill within two years, leaving no toxic or visible residue, as compared to other plastics that take hundreds of years. Perf Go Green’s corporate name reflects its "Go Green" mission to develop, market and distribute biodegradable plastic products as a practical and viable solution to eliminating plastic waste from the world environment.

RONN MOTOR COMPANY (OTC: RNNM)

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

Headquartered in Austin, Texas, Ronn Motor Company, Inc. 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.

ALABAMA AIRCRAFT INDUSTRIES (NASDAQ: AAII)

"Up 46.35% in morning trading"

Alabama Aircraft Industries, Inc. provides aircraft maintenance and modification services in the United States. The company offers aircraft maintenance and modification services for the government and military customers focusing on providing programmed depot maintenance (PDM) on large transport aircraft. It also provides repair, maintenance, and modification services to its customers. The company principal services performed under military contracts include PDMs, systems integration of component upgrades, and modification of fixed wing aircraft. In addition, it designs and manufactures a range of proprietary aerospace products, including various space systems, such as guidance control systems and launch vehicles; aircraft cargo-handling systems; and precision parts and components for aircraft. The company was founded in 1983. It was formerly known as Pemco Aviation Group, Inc. and changed its name to Alabama Aircraft Industries, Inc. in 2007. Alabama Aircraft Industries is based in Birmingham, Alabama.

EF JOHNSON TECHNOLOGIES INCORPORATED (NASDAQ: EFJI)

"Up 64.00% in morning trading"

Headquartered in Irving, Texas, EF Johnson Technologies, Inc. focuses on innovating, developing and marketing the highest quality secure communications solutions to organizations whose mission is to protect and save lives. The Company's customers include first responders in public safety and public service, the federal government, and industrial organizations. The Company's products are marketed under the EFJohnson, 3e Technologies International, and Transcrypt International names.

OXIGENE INCORPORATED (NASDAQ: OXGN)

"Up 18.77% in morning trading"

OXiGENE, Inc. develops small-molecule therapeutics to treat cancer and eye diseases in the United States. It focuses on the development and commercialization of drug candidates that disrupt abnormal blood vessels associated with solid tumor progression and visual impairment in ocular diseases. The company’s product ZYBRESTAT, is in Phase II/III pivotal registration study as a potential treatment for anaplastic thyroid cancer, as well as in Phase Ib and II clinical trials for other solid tumors, including non-small cell lung cancer, platinum resistant ovarian cancer, and head-and-neck cancer. It also develops a topical formulation of ZYBRESTAT for ophthalmological diseases and conditions, such as age-related macular degeneration. In addition, OXiGENE develops OXi4503, an ortho-quinone prodrug, which is in Phase I clinical trial for solid tumors. The company was founded in 1988 and is headquartered in Waltham, Massachusetts.

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 eight thousand dollars by a third party (BlueWave Advisors) for PGOG 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 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.