OTCPicks.com Daily Market Movers Digest Midday Report for Friday, December 5th CPRK, XDSL, OGXI, TSIH, ACTU, BBDA

Our Stocks to Watch today include Copper King Mining Corp. (OTC: CPRK), mPhase Technologies Inc. (OTCBB: XDSL), OncoGenex Pharmaceuticals Inc. (Nasdaq: OGXI), Bulova Technologies Group Inc. (OTC: TSIH), Actuate Corp. (Nasdaq: ACTU) and Bebida Beverage Co. (OTC: BBDA).

COPPER KING MINING CORPORATION (OTC: CPRK)

"Up 3.70% in morning trading"

Copper King Mining Corporation currently owns approximately 1200 acres in the Drum Mountains of Utah, which are patent deeded mining claims which contain gold, silver and copper. The company recently added to its holdings by filing six more claims on land which was inside their holdings, but not patent deeded. Contiguous to that acreage is approximately 1100 acres of claims filed by Western Utah Copper Company. As the companies explored the concept of a joint venture on the Drum Mountain properties, it was decided that a very viable consideration was to join the total assets of both companies.

MPHASE TECHNOLOGIES (OTCBB: XDSL)

"Up 93.10% in morning trading"

mPhase Technologies, Inc. a development stage technology company, develops and sells broadband communications products for telephone service providers in the United States. The company primarily offers TV+ solution, an open-standards, carrier class solution of middleware/software enabling telephone service providers to deliver broadcast TV using internet protocol. The TV+ solution also delivers video on demand, voice, and high-speed Internet over various types of existing infrastructure of a telephone service provider, including copper, fiber, or coax. The company's other digital subscriber line products that include plain old telephone service Splitter Shelf is a low pass/high pass filter that separates voice and data transmissions. It also develops highly sensitive magnetometers based on micro-mechanical systems. The company was founded in 1996 and is headquartered in Norwalk, Connecticut with additional offices in Little Falls, New Jersey; and New York, New York.

ONCOGENEX PHARMA INCORPORATED (NASDAQ: OGXI)

"Up 28.10% in morning trading"

OncoGenex Pharmaceuticals is a biopharmaceutical company committed to the development and commercialization of new cancer therapies that address unmet needs in the treatment of cancer. OncoGenex has a deep oncology pipeline, with each product candidate having a distinct mechanism of action and representing a unique opportunity for cancer drug development. OGX-011, the lead candidate currently completing five Phase 2 clinical studies in prostate, lung and breast cancers, is designed to inhibit the production of specific proteins associated with treatment resistance; OGX-427 and SN2310 are in Phase 1 clinical development; and CSP9222 and OGX-225 are currently in pre-clinical development.

BULOVA TECHNOLOGIES GROUP INCORPORATED (OTC: TSIH)

"Up 12.50% in morning trading"

Headquartered in Clearwater, Florida, Bulova Technologies Group operates two facilities, Bulova Technologies EMS in Melbourne, FL and Bulova Technologies Ordnance Systems in Mayo, FL. Additionally, certain military contracts are managed from the Clearwater headquarters.

ACTUATE CORPORATION (NASDAQ: ACTU)

"Up 30.84% in morning trading"

Actuate Corporation is dedicated to increasing the richness, interactivity and effectiveness of enterprise data, for everyone, everywhere. Actuate delivers the next generation RIA-ready information platform for both customer and employee-facing applications. The Actuate platform boasts unmatched scalability, high-performance, reliability and security. Its proven RIA capabilities and highly collaborative development architecture are backed by the world's largest open source information application developer community, grounded in BIRT, the Eclipse Foundation’s only top level Business Intelligence and reporting project. Global 9000 organizations use Actuate to roll out RIA-enabled customer loyalty and Performance Management applications that improve customer satisfaction and employee productivity. The company has over 4,200 customers globally in a diverse range of business areas including financial services and the public sector, many of which have a long history of deploying Actuate-based solutions for dozens, or even hundreds of their mission-critical applications. Founded in 1993, Actuate has headquarters in San Mateo, California, with offices worldwide. Actuate is listed on NASDAQ under the symbol ACTU.

BEBIDA BEVERAGE COMPANY (OTC: BBDA)

"Up 28.57% in morning trading"

The company, formerly known as Fortis Enterprises, was founded in 2000 and is based in Casselberry, Florida. On Sept. 4, 2008, Renovo Holdings announced that the company had changed its name to Bebida Beverage Company and would be locating the base of the company's North American presence in Las Vegas, NV. Rodrigo Makarios leads the management team and operations from facilities located in Sao Jose dos Pinhais, Brazil. Bebida Beverage Company under the leadership of President Makarios will concentrate operations on the bottled water and enhanced beverage markets of North and South America. Bebida's management will focus the company's business efforts within the United States and key target markets within Latin America.

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Disclosure: OTCPicks.com has been compensated seven thousand five hundred dollars by a third party for CPRK advertising and promotional services.

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