Dallas, TX 11/18/2008 8:25:15 AM
News / Finance

OTCPicks.com Stocks to Watch for Tuesday, November 18th CHIP, GLCC, CHFY, SPSN, BCND, GRDO

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Our Stocks to Watch tomorrow include VeriChip Corp. (Nasdaq: CHIP), Good Life China Corp. (OTC: GLCC), China Forestry Inc. (OTCBB: CHFY), Spansion Inc. (Nasdaq: SPSN), Beacon Redevelopment Industrial Corp. (OTC: BCND) and Guard Dog Inc. (OTC: GRDO).

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VERICHIP CORPORATION (NASDAQ: CHIP)

"Up 153.38% on Monday"

VeriChip Corporation, headquartered in Delray Beach, Florida, markets its VeriMed™ Health Link System for rapidly and accurately identifying people who arrive in an emergency room and are unable to communicate. This system uses the first human-implantable passive RFID microchip, cleared for medical use in October 2004 by the United States Food and Drug Administration. For more information on VeriChip, call 1-800-970-2447, or e-mail info@verichipcorp.com.

GOOD LIFE CHINA CORPORATION (OTC: GLCC)

"Up 71.43% on Monday"

Good Life China Corporation operates a chain of franchised convenience stores in Hebei Province, the People’s Republic of China. The company employs retail concepts, such as e-commerce enabled POS/back office systems. It operates approximately 1,730 stores. The company also has an agreement with Petro China Beijing to provide distribution services and information management system services for the convenience stores in the gas stations belonging to Petro China Beijing Marketing Company. In addition, the company offers online sub prime financial services, such as money lending, forex trading, and advanced electronic funds management. Good Life China Corporation was incorporated in 1998 and is based in Toronto, Canada.

CHINA FORESTRY INCORPORATED (OTCBB: CHFY)

"Up 66.67% on Monday"

China Forestry Inc. is a timber investment group formed in the Peoples Republic of China to conform to State laws that prohibit non-PRC ownership of forest lands. The Company's strategy is to capitalize on the Central Government's decision to promote sustainable forest management through land tenure reforms that include the transferability of forest user right certificates to PRC entities. The Company's current holdings include ownership of four user right certificates representing 1,561 hectares of State forest assets in China's northeastern Heilongjiang Province, home to China's most valuable timber and one of the most distinctive temperate forests in the world due to its rare biodiversity.

SPANSION INCORPORATED (NASDAQ: SPSN)

"Up 47.06% on Monday"

Spansion is a leading Flash memory solutions provider, dedicated to enabling, storing and protecting digital content in wireless, automotive, networking and consumer electronics applications. Spansion, previously a joint venture of AMD and Fujitsu, is the largest company in the world dedicated exclusively to designing, developing, manufacturing, marketing and selling Flash memory solutions. Spansion®, the Spansion logo, MirrorBit®, MirrorBit® Eclipse™, ORNAND™, ORNAND2™, HD-SIM™, Spansion® EcoRAM™ and combinations thereof, are trademarks of Spansion LLC in the U.S. and other countries. Other names used are for informational purposes only and may be trademarks of their respective owners.

BEACON REDEVELOPMENT INDUSTRIAL (OTC: BCND)

"Up 50.00% on Monday"

Beacon Redevelopment Industrial Corporation specializes in acquiring undervalued properties that offer the potential for above average return on investment along with multiple assets and development ability at distressed prices, the properties must offer recyclable/salvageable materials, energy resources or mineral rights along with the potential for redevelopment and or desirable development potential; the company also seeks along with the above for mentioned, properties that have the possibility for governmental grants, tax rebates or deferments as part of their criteria for acquisition.

GUARD DOG INCORPORATED (OTC: GRDO)

"Up 23.08% on Monday"

Guard Dog, Inc. is rapidly accelerating to become an industry leader in the rapidly growing field of Identity Theft Protection. The company strives to serve the growing needs of consumers throughout the United States. Guard Dog, Inc. is an aggregator and supplier of a broad spectrum of services similar to that of other industry leaders including LifeLock. However, in addition to offering a similar suite of services to that of competitors, Guard Dog, Inc. provides downloadable applications, which will notify a customer through a computer alert notification in the event of any identity theft red flags become triggered.

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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.

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