Daily Small Cap Market News and Stock Highlights from SmallCapVoice.com

Stocks regained some lost ground Friday after a jobs report that was bad but not as horrific as many traders feared.

The Labor Department said Friday employers cut 651,00 jobs last month, and the unemployment rate jumped to 8.1 percent. The government also upwardly revised its December and January job loss figures to 681,000 and 655,000, respectively.

The readings were worse than analysts' estimates. Many market participants, however, had braced for even grimmer data, shorting stocks earlier in the week.

On Wall Street, stocks regained some ground as many market participants had braced for even grimmer unemployment data. The Dow Jones industrial average added about 25 points in morning trading. Broader indexes were mixed with the Standard & Poor's 500 up slightly, while the tech-heavy Nasdaq composite slid a bit.

Yesterday’s Top Performing SmallCapVoice.com stock:

Omega Commercial Finance Corporation (OTC BB: OCFN) was another SmallCapVoice.com top performer moving up over 25% on trading volume of 72,000 shares.

Omega Commercial Finance Corporation announced its signing of a Letter of Intent to acquire through a share exchange agreement the Sterling Mine commercial real estate project located in Tuxedo Park, NY

The Sterling Mine commercial real estate project is comprised of 30,654 sq. ft. of office and retail space located on 4.8 acres of prime real estate in Tuxedo Park, NY. The project is currently close to 75% completion and will be primarily compromised of retail space with adjoining office facilities. As of this date, Omega has been furnished with executed letters of intent with 5 year occupancy terms by a local leasing agent. These letters currently represent an occupancy rate of 84% upon completion of the project.

Tuxedo Park, NY. is highly coveted as a bedroom community for New York City, which is an approximate thirty-five minute commute. Situated on the cusp of New York and New Jersey, the area evidences a median residential sales price of $500,000, which is the fifth highest residential market in the State of New York. While overall growth in the U.S. housing market has become stagnant, there is still ongoing residential development in Tuxedo Park, which attests to the anticipation of continued growth in that area.

Today’s SmallCapVoice.com Hot Stocks to Watch:

Access Beverage Inc. (Pink Sheet: ABVI)

Access Beverage Inc. engages in the manufacturing, marketing, and sale of branded and private labeled wine and spirits in the United States. Flagship brands include: Le Snoot™, Mardi Gras™, Bees Knees™ wines, and Simply RAW Vodka™. Products are distributed nationally through wholesalers, alcoholic beverage control agencies, and a growing retail base, including supermarket chains, liquor stores, and restaurants. Access Beverage is geared for international market expansion with upcoming product launches planned for China, Canada, and Russia.

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SmallCapVoice.com is a recognized corporate investor relations firm, with clients nationwide.  Known for its ability to help emerging growth companies build a following among retail and institutional investors, SmallCapVoice.com utilizes its stock newsletter to feature its daily stock picks, audio interviews, as well as its client's financial news releases. SmallCapVoice.com also offers individual investors with all the tools they need to make informed decisions about the stocks they are interested in. Tools like our stock charts, stock alerts, and our investor fact sheets can assist with investing in stocks that are traded on the OTC BB and Pink Sheets.

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