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Our Stocks to Watch today include Somatic Systems Inc. (OTC: SMAS), SpongeTech Delivery Systems Inc. (OTCBB: SPNG), Anesiva Inc. (Nasdaq: ANSV), Circuit City Stores Inc. (OTC: CCTYQ), Emmis Communications Corp. (Nasdaq: EMMS) and Empire Film Group Inc. (OTC: EFGU).
For the complete newsletter please visit: http://www.otcpicks.com/daily-market-movers/index.php
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SOMATIC SYSTEMS INCORPORATED (OTC: SMAS)
"Up 100.00% in morning trading"
Company Profile: http://www.otcpicks.com/somatic-systems/somatic-systems.htm
Somatic Systems is the worldwide center for Clinical Somatics™, the groundbreaking drug-free, non-surgical approach to pain relief. This proprietary system uses natural, non-invasive movement techniques — conducted through one-hour hands-on sessions, therapeutic exercises classes, and home exercises lasting as little as 5 minutes a day — to relieve pain and limitation resulting from accident, trauma and repetitive stress, including back pain, knee pain, joint problems, carpal tunnel syndrome, TMJ, scoliosis, bursitis, sciatica, headaches, tendonitis and more. Clinical Somatics™ also provides performance gains and injury prevention for casual and professional athletes. Somatic Systems is pursuing a 3-part growth strategy, consisting of a nationwide rollout of pain management Somatics Clinics; increased production and distribution of therapeutic videos, books, and other retail self-help Somatics Products; and expanded Somatics Training Programs to supply Clinic practitioners serving medical and orthopedic professionals and institutional and corporate programs. The company operates a suite of web sites offering Somatics information, products, resources and opportunities at www.somatics.org.
SPONGETECH DELIVERY SYSTEMS (OTCBB: SPNG)
Company Profile: http://www.otcpicks.com/spongetech/spongetech.htm
SpongeTech Delivery Systems is a development stage company which designs, produces, markets and distributes cleaning products for vehicular use utilizing patented technology relating to sponges containing hydrophilic (liquid absorbing) foam polyurethane matrices. The Company's sponges are specially configured with an outer contact layer and an inner matrix, which is loaded with specially formulated soaps and wax that are released when the sponge is applied to a surface with minimal pressure. The Company's products are currently designed specifically for vehicular cleaning use. However, the Company is exploring the possibility of using its patented technology for the development of sponges for other uses, including for use with anti-bacterial, bath and kitchen soaps for household uses, as well as for use as a children's bath foam sponge.
ANESIVA INCORPORATED (NASDAQ: ANSV)
"Up 34.79% in morning trading"
Anesiva, Inc. seeks to be a leader in the development of novel pharmaceutical products for pain management. The company's lead product candidate is Adlea, a novel small molecule formulation of capsaicin that is currently in development for the management of acute pain following orthopedic surgeries. Adlea has been shown in previous clinical trials to provide extended pain relief after only a single administration in multiple indications for site-specific, acute and chronic, moderate-to-severe pain. Anesiva is based in South San Francisco, CA.
CIRCUIT CITY STORES INCORPORATED (OTC: CCTYQ)
"Up 46.88% in morning trading"
Circuit City Stores, Inc. is a leading specialty retailer of consumer electronics and related services. At December 31, 2008, the domestic segment operated 567 stores in 153 U.S. media markets. At December 31, 2008, the international segment operated through approximately 765 retail stores and dealer outlets in Canada.
EMMIS COMMUNICATIONS CORPORATION (NASDAQ: EMMS)
"Up 25.64% in morning trading"
Emmis Communications Corporation, a diversified media company, together with its subsidiaries, operates as a radio broadcasting company in the United States. The company also operates an international radio business; operates a network of radio stations in the Flanders region of Belgium; owns a national radio network in Slovakia; and owns 59.5% interest in a national radio station in Hungary and control interests in 3 national radio networks in Bulgaria. In addition, it publishes various city and regional magazines, including Texas Monthly, Los Angeles, Atlanta, Indianapolis Monthly, Cincinnati, Orange Coast, Tu Ciudad, and Country Sampler and related magazines. Further, the company engages in various businesses, such as Web site design and development, consulting, and broadcast tower leasing, as well as operating a news information radio network in Indiana. As of February 29, 2008, it owned and operated 7 FM radio stations in New York, Los Angeles, and Chicago; and 14 FM and 2 AM radio stations in St. Louis, Austin; and Indianapolis and Terre Haute, Indiana. Emmis Communications Corporation was founded in 1981 and is based in Indianapolis, Indiana.
EMPIRE FILM GROUP INCORPORATED (OTC: EFGU)
"Up 30.36% in morning trading"
Empire Film Group, Inc. engages in the finance, production, and distribution of films. It films in various locations worldwide that include Los Angeles, Vancouver, Calgary, Toronto, France, Spain, Romania, Czech Republic, Israel, Costa Rica, Venezuela, Puerto Rico, Colombia, Cuba, Dominican Republic, Mexico, and various locations throughout the United States. The company would also co-produce and co-finance with other producers and production companies. It was formerly known as Environmental Construction Products International, Inc. and changed its name to Empire Film Group, Inc. in November 2007. The company is based in Beverly Hills, California.
About OTCPicks.com
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 two hundred thousand free trading shares by a third party (Pine Mountain Ventures) for this current SPNG IR program. OTCPicks.com has been compensated in the past for SPNG IR services, including seventeen thousand dollars by the company and four hundred thousand free trading shares by a non-controlling third party for multiple 30-day SPNG IR programs. OTCPicks.com has been compensated sixty million free trading shares from a third party for SMAS advertising and promotional activities.
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.
