Dallas, TX 2/27/2009 11:01:12 AM
News / Finance

OTCPicks.com Stocks to Watch for Friday, February 27th VLYF, NVSR, ACLS, CMLT, MODC

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Our Stocks to Watch tomorrow include Valley Forge Composite Technologies Inc. (OTCBB: VLYF), NavStar Technologies Inc. (OTC: NVSR), Axcelis Technologies Inc. (Nasdaq: ACLS), Camelot Entertainment Group Inc. (OTCBB: CMLT) and Modern Technology Corp. (OTC: MODC).

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VALLEY FORGE COMPOSITE TECHNOLOGIES (OTCBB: VLYF)

"Up 275.00% on Thursday"

Valley Forge Composite Technologies, Inc. develops, manufactures and distributes next-generation detection systems. Its THOR LVX system detects nuclear material, explosives and contraband hidden in cargo containers and baggage, even through shielding. It can also detect illicit substances. Thor is being completed under an agreement with the U. S. Dept. of Energy's National Nuclear Security Agency, Lawrence Livermore National Laboratory and the Lebedev Institute in Russia. VLYF is also marketing the Odin personal screening system for use in airports, high-security buildings and border entry points.

NAVSTAR TECHNOLOGIES INCORPORATED (OTC: NVSR)

"Up 228.57% on Thursday"

NavStar is focused on the creation of GPS products and services that provide wireless tracking of vehicles, equipment, and other valuable and personal assets. The goal is to be a total solutions provider.

AXCELIS TECHNOLOGIES INCORPORATED (NASDAQ: ACLS)

"Up 106.59% on Thursday"

Axcelis Technologies, Inc., headquartered in Beverly, Massachusetts, provides innovative, high-productivity solutions for the semiconductor industry. Axcelis is dedicated to developing enabling process applications through the design, manufacture and complete life cycle support of ion implantation and cleaning systems.

CAMELOT ENTERTAINMENT INCORPORATED (OTC: CMLT)

"Up 100.00% on Thursday"

Camelot Entertainment Group, Inc. is a US publicly traded company (symbol "CMLT") with three major divisions: Camelot Film Group, Camelot Studio Group and Camelot Production Services Group. Camelot is building a different kind of motion picture studio infrastructure by redefining the development, financing, production, and distribution process. Creating a world where filmmaking dreams come true, Camelot integrates early studio models, education, new technologies and fiscal responsibility to acquire, develop, finance, produce, market and distribute high quality commercial motion pictures, television and digital media.

CMLT News:

February 25 - Camelot to Hold Annual Stockholders Meeting March 24

S1 Registration Statement Planned; Authorized to Increase, No Reverse Expected

Camelot Entertainment Group, Inc. (OTCBB: CMLT) ("Camelot") announced that it will hold its annual stockholder meeting on March 24, 2009, in Irvine, California. Camelot expects to file an S1 Registration Statement in connection with its current acquisition and financing transactions during this quarter. The company has no plans to do a reverse, but will continue to increase the authorized as needed to complete acquisition, financing, production and distribution agreements. The company is taking steps to limit the amount of shares in the float as part of its ongoing funding activities.

Further information on the stockholder meeting and the registration statement will be made public as soon as additional details become available.

MODERN TECHNOLOGY CORPORATION (OTC: MODC)

"Up 25.00% on Thursday"

MODC acquires promising technology companies and related assets to promote their growth and development. The company provides interim management and related services to its portfolio and client companies. It builds revenues and asset value through a model of continuous growth and derives further income from appreciation of its portfolio and licensing or revenue sharing agreements.

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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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