Dallas, TX 5/26/2011 10:37:28 PM
News / Stocks

IWEB, CDTI, CNOZ, OEDV, ECDC, YIPI and MMTE are the Daily Market Movers for May 26th from OTCPicks.com

OTCPicks.com Presents Today’s Daily Market Movers IWEB, CDTI, CNOZ, OEDV, ECDC, YIPI and MMTE

ICEWEB INCORPORATED (OTCBB: IWEB)

Incorporated in 1994, IceWEB was highly successful in the federal computing space working with unstructured geospatial data, as well as managing and storing block data as an ASP in the enterprise and federal space. The company was twice named Inc. Magazine’s Inc. 500 Fastest Growing private US corporations and was recognized as Deloitte & Touche Technology Fast 500 North American public or private technology companies. Following on this success, the company developed and expanded on the rich storage management features to bring to market a versatile, all-inclusive storage system aggressively priced for the commercial mid-market space. The IceWEB Storage System is a high-performance unified storage platform for file and block data of all kinds that’s easy to install, and provides built-in, all-inclusive storage management features including de-duplication; unlimited snapshots; thin provisioning; local or remote, real-time or scheduled replication; capacity and utilization reporting, and VMware integration.

CLEAN DIESEL TECHNOLOGIES INCORPORATED (NASDAQ: CDTI) "Up 85.38% in morning trading"

Clean Diesel is a vertically integrated global manufacturer and distributor of emissions control systems and products, focused on the heavy duty diesel and light duty vehicle markets. Clean Diesel utilizes its proprietary patented Mixed Phase Catalyst (MPC®) technology, as well as its ARIS® selective catalytic reduction, Platinum Plus® fuel-borne catalyst, and other technologies to provide high-value sustainable solutions to reduce emissions, increase energy efficiency and lower the carbon intensity of on- and off-road engine applications. Clean Diesel is headquartered in Ventura, California, along with its wholly owned subsidiary, Catalytic Solutions, Inc., and currently has operations in the U.S., Canada, U.K., France, Japan and Sweden.

CONO ITALIANO INCORPORATED (OTCBB: CNOZ) "Up 73.68% in morning trading"

Cono Italiano, Inc. owns the North American distribution and manufacturing rights for Pizza Cono. This on-the-go food product is designed to be a drip free, spill free cone-shaped pizza made of proprietary dough and filled with freshly selected ingredients. The Company intends that the Pizza Cone will be distributed through the fast food market. The Pizza Cone will be distributed to quick-service restaurants (QSR), takeaways, and leisure locations. These establishments include typical fast food chains, supermarkets, convenience stores, entertainment facilities and sports arenas.

OSAGE EXPLORATION & DEVELOPMENT (OTCBB: OEDV) "Up 44.44% in morning trading"

Based in San Diego, California with production offices in Oklahoma City, Oklahoma, and executive offices in Bogotá, Colombia, Osage Exploration and Development, Inc. is an independent exploration and production company with interests in oil and gas wells and prospects in the US and Colombia.

EAST COAST DIVERSIFIED CORPORATION (OTCBB: ECDC) "Up 20.59% in morning trading"

East Coast Diversified Corp. operates through its subsidiary, EarthSearch Communications, Inc. East Coast Diversified Corp. offers a portfolio of GPS devices, RFID interrogators, integrated GPS/RFID technologies and Tag designs. The company was founded in 2010 and is based in Atlanta, Georgia.

YIPPY INCORPORATED (OTCBB: YIPI) "Up 166.15% in morning trading"

Based in Fort Myers Florida, Yippy, Inc. (www.yippy.com), formerly known as Cinnabar Ventures, Inc., is a new economy technology company that develops technologies and application services environments for both Consumer and Commercial market segments in the cloud computing sector.

MAMMOTH ENERGY GROUP (OTC: MMTE) "Up 28.57% in morning trading"

Mammoth Energy Group Inc is focused on acquiring, developing and operating strategic mining energy reserves in locations throughout the world. With an ever changing shift to alternative energy and fuels Mammoth Energy Group will be prepared to be a leading energy supplier and operator. Mammoth Energy's goal is to become an important partner as the world's energy paradigm begins to change throughout the next decade and beyond.

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Disclosure: OTCPicks.com and affiliates have been compensated five thousand dollars by a third party for a one-day IWEB advertising and promotional program. OTCPicks.com has beem compensated seven thousand five hundred dollars by a third party for CNOZ advertising and promotional services. OTCPicks and affiliates have been compensated eight thousand dollars by a third party (Strategic Investors Group) for YIPI advertising and promotional services.