Dallas, TX 11/8/2008 12:40:42 AM
News / Finance

OTCPicks.com Daily Market Movers Digest Midday Report for Friday, November 7th RNNM, BSTI, IMAX, WPRT

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/microcap.htm today to join this growing community.

Our Stocks to Watch today include Ronn Motor Company Inc. (OTC: RNNM), Brite-Strike Tactical Illumination Products Inc. (OTC: BSTI), IMAX Corp. (Nasdaq: IMAX) and Westport Innovations Inc. (Nasdaq: WPRT).

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

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RONN MOTOR COMPANY (OTC: RNNM)

"Up 6.90% in morning trading"

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.

BRITE-STRIKE TECHNOLOGIES INCORPORATED (OTC: BSTI)

Company Profile: http://www.otcpicks.com/brite-strike/brite-strike.htm

Brite-Strike Tactical Illumination Products, Inc. was started by two police officers to create world-class tactical LED flashlights that had the features that police officers and citizens need to keep them safe. Brite-Strike makes a promise to always use the latest technology, world-class components, highest design and manufacturing standards, so consumers can rely on Brite-Strike products when they are needed.

IMAX CORPORATION (NASDAQ: IMAX)

"Up 7.56% in morning trading"

IMAX Corporation is one of the world's leading entertainment technology companies, specializing in immersive motion picture technologies. The worldwide IMAX network is among the most important and successful theatrical distribution platforms for major event Hollywood films around the globe, with IMAX theatres delivering the world's best movie presentations using proprietary IMAX, IMAX 3D, and IMAX DMR®, technology. IMAX DMR is the Company's groundbreaking digital re-mastering technology that allows it to digitally transform virtually any conventional motion picture into the unparalleled image and sound quality of The IMAX Experience. IMAX's renowned projectors display crystal-clear images on the world's biggest screens, and the IMAX brand is recognized throughout the world for extraordinary and immersive entertainment experiences for consumers. As of September 30, 2008, there were 320 IMAX theatres operating in 42 countries.

WESTPORT INNOVATIONS INCORPORATED (NASDAQ: WPRT)

"Up 9.90% in morning trading"

Westport Innovations, Inc. engages in the research, development, and marketing of engines and fuel systems that use compressed natural gas, liquefied natural gas (LNG), hydrogen, and hydrogen-enriched compressed natural gas (CNG) fuels. The company offers high pressure direct injection natural gas engines for heavy-duty trucks and high horsepower applications, such as mine-haul trucks and power generators; compressed natural gas direct injection engines for light- to medium-duty trucks and city work vehicle engines; hydrogen direct injection hardware and electronic controls; hydrogen-enriched compressed natural gas engines; and lean burn sparked ignited natural gas or liquefied petroleum gas engines for transit buses and medium-duty trucks. It also provides direct-injection gaseous-fuel injectors; combustion technology; cryogenic storage and delivery tanks and pumps; compressors; after treatment systems; and LNG and CNG refueling infrastructure. Westport Innovations primarily sells its products in North America, Asia, Europe, and South America. The company, through its joint venture with Cummins, Inc., also manufactures and sells a range of natural gas and propane engines in North America and Australia. It also has a joint venture with Beijing Tianhai Industry Co., Ltd. to market LNG fuel tanks for vehicles in China. In addition, Westport Innovations has a joint venture agreement with Weichai Power Co., Ltd. and Hong Kong Peterson (CNG) Equipment Limited to research, develop, design, manufacture, market, distribute, and sell alternative fuel engines for use in automobiles, heavy duty trucks, power generation, and shipping applications. The company was founded in 1995 and is headquartered in Vancouver, Canada.

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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 four thousand dollars by a third party (Blue Wave Advisors) for two weeks of RNNM advertising and promotional activities. OTCPicks.com has been compensated four thousand dollars by a third party for a two-week BSTI 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.