Dallas 12/21/2010 1:51:28 AM
News / Finance

CXZ, PRMO, UNDT, ICGN, OTGI and LKEN are the Daily Market Movers for December 20th from OTCPicks.com

OTCPicks.com Presents Today’s Daily Market Movers CXZ, PRMO, UNDT, ICGN, OTGI and LKEN

Dallas, TX – CROSSHAIR EXPLORATION & MINING CORPORATION (AMEX: CXZ) "Up 257.60% in morning trading"

Crosshair is a prominent player in the exploration and development of uranium, vanadium and gold in the US and Canada. Its flagship projects, Bootheel and Juniper Ridge, are both located in uranium mining friendly Wyoming. Bootheel has exceeded the minimum mining threshold and with its in-situ mining potential, is designed for near term production. The CMB Uranium/Vanadium Project is located in Labrador, Canada and has four currently defined resources — C Zone, Area 1, Armstrong and Two Time Zone. The Crosshair team is comprised of knowledgeable and experienced professionals with both exploration and mining backgrounds.

PROM RESOURCES INCORPORATED (OTC: PRMO) "Up 200.00% in morning trading"

Prom Resources, Inc. engages in the exploration and extraction of gold ore, corundum, and beryl material in the Republic of Madagascar and the Republic of Ghana. It primarily conducts its mining and exploration activities at eight northern and southern perimeters of the Republic of Madagascar. The company, formerly known as American Benefits Group, Inc. was founded in 1996 and is headquartered in Bangkok, Thailand.

UNIVERSAL DETECTION TECHNOLOGY (OTCBB: UNDT) "Up 66.67% in morning trading"

Universal Detection Technology is a developer of monitoring technologies, including bioterrorism detection devices. The company on its own and with development partners is positioned to capitalize on opportunities related to Homeland Security. For example, Universal Detection Technology, in cooperation with NASA, has developed a bacterial spore detector that detects certain biohazard substances. The company is also a reseller of handheld assays used for detection of five bioterrorism agents, radiation detection systems, and antimicrobial products.

ICAGEN INCORPORATED (NASDAQ: ICGN) "Up 33.10% in morning trading"

Icagen, Inc. is a biopharmaceutical company based in Research Triangle Park, North Carolina, focused on the discovery, development and commercialization of novel orally-administered small molecule drugs that modulate ion channel targets. Utilizing its proprietary know-how and integrated scientific and drug development capabilities, Icagen has identified multiple drug candidates that modulate ion channels. The Company is conducting research and development activities in a number of disease areas, including epilepsy, pain and inflammation. The Company has a clinical stage program in epilepsy and pain.

OTEEGEE INNOVATIONS INCORPORATED (OTCBB: OTGI) "Up 10.64% in morning trading"

Oteegee Innovations Inc., a development stage company, engages in selling computers and other electronic components. The company offers products, including computers, X-Box, DVD players, hand held PDA's, and cordless phones, small kitchen appliances, giftware, toys, and household items. Oteegee Innovations Inc was formerly known as Pay By The Day Holdings, Inc. and changed its name to in March 2010. The company was founded in 2007 and is based in Las Vegas, Nevada.

LUKE ENTERTAINMENT / GREENE CONCEPTS (OTC: LKEN) "Up 22.22% in morning trading"

Luke Entertainment has officially changed its name to Greene Concepts, Inc. to better reflect its brand toward long-term growth. The name change effected with the New York Secretary of State on November 4th, 2010 and is under process for FINRA acknowledgment. Greene Concepts, Inc. is an ink technology manufacturing and distribution Company headquartered in Fresno CA. Chairman and Founder Lenny Greene has spent the past 30 years serving the printing needs of businesses and consumers. Greene Concepts intends to be the catalyst for the introduction of a number of innovative products and marketing strategies and to bring the world the best inks at the lowest prices so consumers and businesses can save time, save money, print more and print better.

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