Dallas, TX 12/14/2008 3:41:48 AM
News / Finance

OTCPicks.com Stocks to Watch for Monday, December 15th CLNH, PWAC, DLKM, CAMH, PGOG

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Our Stocks to Watch tomorrow include Centerline Holding Co. (OTC: CLNH), Power Air Corp. (OTCBB: PWAC), Douglas Lake Minerals Inc. (OTCBB: DLKM), Cambridge Heart Inc. (OTCBB: CAMH) and Perf Go Green Holdings Inc. (OTCBB: PGOG).

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CENTERLINE HOLDING COMPANY (OTC: CLNH)

"Up 92.31% on Friday"

Centerline Capital Group, a subsidiary of Centerline Holding Company, provides real estate financial and asset management services, including institutional debt and equity fund management, mortgage banking and primary and special loan servicing. As of September 30, 2008, Centerline had more than $14 billion of assets under management. Centerline is headquartered in New York, New York and has nine offices throughout the United States.

POWER AIR CORPORATION (OTCBB: PWAC)

"Up 62.30% on Friday"

Headquartered in Livermore, California with offices and research facilities in Vancouver, B.C., Power Air is a forward-thinking clean energy company primarily engaged in commercializing proprietary, high performance Zinc Air Fuel Cell (ZAFC)-based products for the mobile electronics, portable and stationary power generation, light mobility and transportation markets. Power Air holds the exclusive worldwide license for the development and commercialization of products utilizing ZAFC technology pioneered through an extensive joint collaboration effort with Lawrence Livermore National Laboratory and the United States Department of Energy.

DOUGLAS LAKE MINERALS (OTCBB: DLKM)

"Up 38.82% on Friday"

DLKM is an emerging mineral exploration company focused on exploring and developing mining opportunities in Tanzania. The Company has a large portfolio of gold, copper, nickel, uranium and diamond prospecting licenses.

CAMBRIDGE HEART INCORPORATED (OTCBB: CAMH)

"Up 37.50% on Friday"

Cambridge Heart (www.cambridgeheart.com) is engaged in the development and commercialization of products for the non-invasive diagnosis of cardiac disease, particularly the identification of those at risk of sudden cardiac arrest. The Company's products incorporate its proprietary Microvolt T-Wave Alternans measurement technologies, coupled with its patented Spectral Analytic Method and ultra-sensitive disposable electrode sensors. Only Spectral Analytic Method MTWA tests are reimbursed by Medicare under its National Coverage Policy that covers patients with a wide variety of cardiac symptoms. Other major insurers in the USA also have coverage policies for the test. The T-Wave Alternans test is included in the Guideline for Management of Patients with Ventricular Arrhythmias and the Prevention of Sudden Cardiac Death jointly developed by the American College of Cardiology (ACC), The American Heart Association (AHA) and the European Society of Cardiology (ESC). The Company, founded in 1990, is based in Tewksbury, Massachusetts and is traded on the OTCBB under the symbol CAMH.

PERF GO GREEN HOLDINGS INCORPORATED (OTCBB: PGOG)

"Up 34.62% on Friday"

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.

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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.

Disclosure: OTCPicks.com has been compensated eight thousand dollars by a third party (BlueWave Advisors) for PGOG advertising and promotional services.

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