Dallas, TX 5/15/2009 5:46:24 AM
News / Finance

OTCPicks.com Stocks to Watch for Friday, May 15th MPTO, NGRN, CVRG, CADD, SFIO, PGYC

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Our Stocks to Watch tomorrow include MP2 Technologies Inc. (OTC: MPTO), New Green Technologies Inc. (OTCBB: NGRN), Converge Global Inc. (OTC: CVRG), Caddo International Inc. (OTC: CADD), Smokefree Innotec Inc. (OTC: SFIO) and Patriot Energy Corp. (OTC: PGYC).

 

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MP2 TECHNOLOGIES INCORPORATED (OTC: MPTO) "Up 109.09% on Thursday" MP2 Technologies, Inc. serves as a holding company for technology and service related businesses that can share common management resources and access to marketing channels. New acquisitions will be announced over time as opportunities that fit the company's acquisition profile become available. Acquired companies will benefit from MP2's public company expertise, executive management, and sales and marketing contacts throughout the world. More information on the company can be found at www.mp2technologies.com.

 

NEW GREEN TECHNOLOGIES INCORPORATED (OTCBB: NGRN) "Up 240.00% on Thursday" New Green Technologies, Inc. is currently focused on using its newly acquired technology to move forward in the bio-fuel and waste flow industries. With revolutionary technology, the Company can now make significant impact in the newly emerging bio-fuel and other waste industries. New Green Technologies primary technology is the Catalytic Activated Vacuum Distillation (CAVD) system which is an exclusively patented technology which allows waste products, such as DDG, carpet waste, algae, citrus waste, tobacco waste, municipal waste, and others, to be converted into a bio-fuel and gas. The Company has also acquired a plasma arc to energy technology along with a patented technology using waste water, fluid or gas flows to create electricity. NGRN's unique hydro and gas technology is being licensed to other parties for development.

 

CONVERGE GLOBAL INCORPORATED (OTC: CVRG) "Up 92.31% on Thursday" Converge Global Inc. is a junior mining company whose business strategy is to acquire existing gold mines as well as to explore new gold properties across the globe with a current focus on Northern Canada and South America.

 

CADDO INTERNATIONAL INCORPORATED (OTC: CADD) "Up 130.00% on Thursday" Caddo International, Inc. is a provider of products and services to the oil and gas industry. The Company provides and integrates products and services through exploration, development, production, operation and maintenance in the Louisiana and Texas regions. Caddo has approximately 15 employees. Formerly named Petrol Industries, the Company has successfully been in business for over 40 years. Currently the Company is focusing on providing contracting services in Caddo, Desoto, Bossier, and Claiborne Parishes, as well as certain areas in East Texas. Caddo intends to continue to expand its customer base while continuing to increase the depth and scope of the services it provides.

 

SMOKEFREE INNOTEC INCORPORATED (OTC: SFIO) "Up 71.43% on Thursday" Smokefree Innotec, Inc. is in the business of designing, developing, manufacturing and marketing a hi-tech, nicotine delivery cigarette-like device which is completely smoke-free and tobacco-free. Smokefree Innotec’s products are designed to protect the non-smoker from second hand smoke and all its effects while providing the smoker a way to enjoy a smoke-free cigarette anywhere, including places where smoking is prohibited. Further, our products will allow the smoker to enjoy smoking while not having to worry about the dangers and ill effects of regular cigarette smoking.

 

PATRIOT ENERGY CORPORATION (OTC: PGYC) "Up 78.79% on Thursday" Patriot Energy Corp. is a management holding corporation, which owns a wholly owned subsidiary named Telteck Solutions and owns a 99 year exclusive leased license agreement with Tectane Technologies Corporation for the Dual H2O Engine Oxygenator and New Tri-Brid Engine (Electric/Flex-Fuels/H2O) Technologies. Patriot Energy specializes in the development and marketing of energy efficient technologies with a focus on reducing America's dependence on Foreign Oil.

 

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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 $13,500 worth of StockPromoters.com services in return for two weeks of advertising and promotional services for MPTO. 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.