OTCPicks.com Stocks to Watch for Thursday, December 17th
DCGN,
MTLK,
OPMG,
TDGI,
RVGD,
SNRY Our Stocks to Watch tomorrow include deCODE Genetics Inc. (Nasdaq:
DCGN), Metalink Ltd. (Nasdaq:
MTLK), Options Media Group Holdings Inc. (OTCBB:
OPMG), Target Development Group Inc. (OTC:
TDGI), Revenge Designs Inc.
(OTC:
RVGD) and Solar Energy Initiatives Inc. (OTCBB:
SNRY).
DECODE GENETICS INCORPORATED (NASDAQ:
DCGN) "Up 200.22% on Wednesday" Detailed Quote:
http://otcpicknews.com/emailmarketer/link.phpM940&N5&L&F=T deCODE is a biopharmaceutical company applying its discoveries in human genetics to the development of diagnostics and drugs for common diseases.
deCODE is a global leader in gene discovery our population approach and resources have enabled us to isolate key genes contributing to major public health challenges from cardiovascular disease to cancer, genes that are providing us with drug targets rooted in the basic biology of disease.
Through its
CLIA-registered laboratory, deCODE is offering a growing range of DNA-based tests for gauging risk and empowering prevention of common diseases, including deCODE T2 for type 2 diabetes; deCODE AF for atrial fibrillation and stroke; deCODE MI for heart attack; deCODE ProCa for prostate cancer; deCODE Glaucoma for a major type of glaucoma. deCODE is delivering on the promise of the new genetics.
DCGN News:
December 16 - deCODE Discovers a Major Risk Factor for Type 2 Diabetes Dependent on Parent of Origin A Single SNP That Confers Increased Risk if Inherited From the Father, but is Protective if Inherited From the Mother Scientists at deCODE genetics, Inc. (Nasdaq:
DCGN) publish in the journal Nature the discovery of a version of a common single-letter variant in the sequence of the human genome (SNP) with a major impact on susceptibility to type 2 diabetes (T2D). The impact of the T2D variant is not only large, but unusual: if an individual inherits it from their father, the variant increases risk of T2D by more than 30% compared to those who inherit the non T2D-linked version; if inherited maternally, the variant lowers risk by more than 10% compared to the non T2D-linked version. Nearly one quarter of those studied have the highest risk combination of the versions of this SNP, putting them at a roughly 50% greater lifetime risk of T2D than the quarter with the protective combination. This is the second largest effect of any genetic variant for T2D apart from SNPs in TCF7L2, discovered by deCODE in 2006.
"We could make this discovery beacause we are in the unique position of being able to distinguish what is inherited from the mother from what is inherited from the father. This we can do because of the large amount of data we have assembled on the Icelandic population. These data empower us in many ways. For example, using our ability to impute sequence data, we can multiply by 100 times the amount of information generated by sequencing one individual. We can use these tools to discover and integrate rarer variants into our tests and scans, identify drug targets for licensing, and put our know-how at the disposal of our service customers. We believe that this is an important advantage for conducting large-scale whole sequence studies over the next couple of years," said Kari Stefansson, CEO of deCODE.
Because the risk is inherited and varies in this way, the SNP, located on chromsome 11, had never been linked to T2D even though it had been genotyped in large, traditional genome-wide association studies (
GWAS).
These do not distinguish between paternally and maternally inherited SNPs.
But deCODE can track the parental origin of virtually any SNP in the genome of the tens of thousands of Icelandic participants in the company`s gene discovery work. In this study, deCODE used its population-wide genealogy database and proprietary statistical tools to determine the parent of origin of a number of SNPs in some 40,000 Icelandic participants in the company`s gene discovery programs. Some of these SNPs had previously been associated with different diseases and are located near "imprinted" genes - genes in which only the maternally or paternally inherited copy is "switched-on" to encode a protein. Five of these, one each in breast and skin cancer and three in T2D, showed that the parental origin of the variants affects the risk they confer.
METALINK LIMITED (NASDAQ:
MTLK) "Up 51.37% on Wednesday" Detailed Quote:
http://otcpicknews.com/emailmarketer/link.phpM940&N5&L67&F=T Metalink Ltd. is a fabless semiconductor Company engaged in the research, development and sale of high-throughput wireless local area network (
WLAN) chipsets, and in the sale of high performance broadband access chip sets or digital subscriber line (DSL) used by telecommunications and networking equipment manufacturers. Metalink`s
WLANPLUS is a high-throughput, 802.11n-draft-compliant wireless LAN technology optimized for the networked home entertainment environment. Featuring advanced
MIMO technology and full support of QoS, and operating in both 2.4GHz and 5GHz bands,
WLANPLUS enables multi-room networking of multiple high-definition video streams.
MTLK News:
December 14 - Metalink Receives Delisting Notice From NASDAQ Metalink Ltd. (Nasdaq:
MTLK) announced that on November 30, 2009, it received a NASDAQ Staff determination letter, notifying the Company that it has not complied with NASDAQ Marketplace Rule 5550(a).
In accordance with the Company`s plan to regain compliance, the Company has requested its shareholders to authorize the Company`s Board of Directors to effect a reverse share split of all of the Company`s Ordinary Shares at a ratio not to exceed one-for-ten, in its annual shareholders` meeting scheduled to take place on December 29, 2009.
The Company had initially been notified by NASDAQ on August 13, 2008, that the bid price of its common stock had closed at less than $1.00 per share over the previous 30 consecutive business days. NASDAQ suspended the enforcement of the bid price requirement from October 16, 2008 through July 31, 2009 and upon reinstatement of the rules the Company had until November 27, 2009, to regain compliance.
On September 29, 2009 the Company received notice from the NASDAQ Staff that it no longer complied with the minimum $2,500,000 in stockholders` equity requirement. The Company timely submitted a plan to regain compliance with the equity requirement, however as the Company has not regained compliance with the minimum $1 bid price requirement the NASDAQ Staff has determined to delist its securities from the Capital Market.
Accordingly, unless the Company requests an appeal of this determination, trading of its common stock will be suspended at the opening of business on December 9, 2009 and its common stock will be removed from listing and registration on The NASDAQ Stock Market.
The Company intends to file the required appeal of the Staff`s determination to a NASDAQ Hearings Panel ("Panel"), pursuant to the procedures set forth in the NASDAQ Marketplace Rule 5800 Series. A hearing request will stay the delisting of the Company`s securities pending the Panel`s decision. However, there can be no assurances that the Hearings Panel will grant such request.
OPTIONS MEDIA GROUP HOLDINGS INCORPORATED (OTCBB:
OPMG) "Up 40.00% on Wednesday" Detailed Quote:
http://otcpicknews.com/emailmarketer/link.phpM940&N5&L&F=T Options Media Group Holdings, Inc. is an email services provider for on-demand email marketing to create, send, and track professional and permission-based email marketing campaigns. Additionally, Options Media provides precision direct marketing solutions including email marketing, SMS/mobile marketing, SMS/keyword marketing, custom lead generation and creative services. Options Media provides clients with access to software, hardware, bandwidth, and exclusive domains and IP addresses, as well as the ability to upload and manage subscribers, and review and upload campaigns and track results for a 360-degree full-service customer marketing solution.
OPMG News:
December 16 - Emerging Stock Report Initiates Independent Research Coverage on Options Media Group Holdings, Inc.
Emerging Stock Report, a leading provider of sector specific independent investment research, has initiated coverage on Options Media Group Holdings, Inc. (OTCBB:
OPMG). Emerging Stock Report is currently offering a complimentary trial subscription to the investment community. To view the Report in its entirety, visit www.emergingstockreport.com.
Options Media Group Acquires Bluetooth and SMS Technology From H2O PM, Inc.
OPMG Will Utilize Bluetooth Technology to Deliver Targeted Content to Mobile Devices;
OPMG Acquires a Proprietary SMS Portal That Broadcasts Bulk SMS Messages Options Media Group Holdings, Inc. (OTCBB:
OPMG), a leading email service provider ("ESP"), permission based email, sms/text messaging marketing and lead generation company, today announced it closed the signing of an asset purchase agreement with H2O PM, Inc. Options Media Group purchased technology relating to Bluetooth advertising and mass SMS Text Messaging broadcast capabilities that allows for interactive SMS applications.
Mr. Scott Frohman, CEO of Options Media Group, commented, "This acquisition allows us to continue building our technology suite and expand our client offerings to solidify our place as a market leader in the mobile advertising industry. Options Media will now have the capability to go back to some of our existing clientele, such as the Tampa Bay Buccaneers, Wendy`s and Gerber Foods and offer our own proprietary additional mobile solutions. Our management team believes our ability to deliver advertisements that can generate point of sale purchases for customers; coupled with an SMS Text campaign at a fixed cost to our clients creates a paradigm shifting technology in the world of advertising. The asset purchase of H20 PM provides us with high margin solutions that we can cross sell to our existing customers. These new technologies will provide outstanding revenue and earnings growth opportunities in 2010 and beyond." Bluetooth Proximity is a revolutionary technology focused on the delivery of content to Bluetooth enabled devices that allows top brands proximity marketing capabilities. The platform delivers advertising and information content to mobile and PDA devices instantly with zero transmission costs to both the sender and receiver, creating a fixed cost solution for
OPMG clients. By managing the Bluetooth Proximity broadcaster through a secured web-based application, the platform allows for information delivery with minimal operator intervention. Advertisers now have the ability to send simple text messages, coupons, ring tones or calendar reminders directly to the consumer via Bluetooth.
In addition,
OPMG acquired a web-based SMS portal to expand the company`s current SMS capabilities. The asset purchase provides
OPMG with an easy to use web based interface for SMS text messaging that can either transmit to a single mobile device or a group of mobile devices. Clients that utilize this new platform will have an integrated User Contact Database and the ability to easily import new users to the database. H2O PM, Inc.`s SMS portal enables a User Credit System, allowing for Point of Sale Purchases via debiting credits from either the User`s account or via Credit Card billing. Additionally, the new platform supports Flash SMS Messages, with the deliverable appearing immediately on the phone`s screen as opposed to an inbox. Flash SMS is a useful alternative to normal SMS when you want to catch the recipients` attention immediately.
TARGET DEVELOPMENT GROUP (OTC:
TDGI) "Up 21.43% on Wednesday" Detailed Quote:
http://otcpicknews.com/emailmarketer/link.phpM940&N5&L22&F=T Target Development Group Inc. intends to create, produce, and acquire professionally produced content in Music and Digital Short-Form and Long -Form Programming. The company would integrate social networks and other social networking video sites with its proprietary delivery system. This system would have media players, Built-in Ecommerce Solutions, Streaming Video, VOD, Video Podcasting, Mobile Video and Texting, which in turn support its Channels and Programs. It would produce much of its own original programming, mainly from live sponsored events, which solves licensee and clearance issues. The company provides interactive, targeted advertising (to each room in the house) which is tracked, recorded, and reported for measurable demographic results for the advertiser. The company, through its media division, intends to provide turnkey HD channels and HD programming opportunities for full power broadcasters to fill their digital spectrum or tiers using a proprietary patented delivery platform.
Additionally, cable networks, low power stations, mobile networks and any ISP using multipoint acceptance can also receive the HD channels and HD programming from the company through its proprietary delivery platform.
TDGI News:
December 16 - Target Development Group and Hannover House Enter Into Film Library Ventures With Elite Entertainment and FOCUSfilm Entertainment Hannover House, the film and video distribution division of Target Development Group, Inc. (OTC:
TDGI), has entered into a distribution venture to become the exclusive USA DVD and Blu-Ray distributor for the Elite Entertainment and FOCUSfilm Entertainment libraries, collectively adding more than 60 catalog titles and up to 20 new release titles to the Hannover House roster.
The distribution pact was negotiated between Target and Hannover President D. Frederick Shefte and Vini Bancalari, president of Elite Entertainment, Inc. and partner in FOCUSfilm Entertainment. The agreement was activated this week through the initial funds transfer from Hannover House, with additional installment payments slated over the coming months. Actual sales representation of the Elite and FOCUSfilm titles will commence in January 2010.
The Elite Entertainment label is the premiere science-fiction, fantasy and horror film independent video supplier in North America. Key titles include director Philippe Mora`s alien-abduction masterpiece, "Communion" starring Christopher Walken; the big-foot monster classic, "Boggy Creek 2: The Legend Continues"; "Savage Harvest 2: October Blood"; and the 10-title horror series, "The Fearmakers Collection." The FOCUSfilm library contains a wide range of classics and international cinema favorites including multipacks of "Sherlock Holmes," "Ryder P.I." and the Orson Welles boxed set, "Citizen Welles." Additional titles, trailers and more information are posted at www.EliteDisc.com.
"This is an ideal marriage for both companies," Shefte said. "Elite and FOCUSFilm were looking to expand their distribution reach while Hannover House was looking to acquire more programming to present to our large and growing customer base. We feel uniquely qualified to maximize revenues from their catalog titles, and build on their exciting new release titles coming in 2010 and 2011." "It`s a multimillion dollar opportunity that adds significantly to Hannover`s product roster and market credibility," he added.
REVENGE DESIGNS INCORPORATED (OTC:
RVGD) "Up 45.45% on Wednesday" Detailed Quote:
http://otcpicknews.com/emailmarketer/link.phpM940&N5&L8&F=T Revenge Designs Inc., a specialty car designer and production assembler, is headquartered in a facility in North Eastern Indiana. Mr. Peter Collorafi, President and CEO of Revenge Designs Inc., is a car designer from Queensland, Australia. Mr. Collorafi has been designing and installing custom modifications for factory produced vehicles since 1980. The Revenge GTM-R Super Car is the company`s first production vehicle. Their other products include the Revenge Solstice, Revenge Ridgeline, and the award winning Revenge GTO.
RVGD News:
December 1 - Revenge Designs Inc. Receives Financial Assistance Revenge Designs Inc. (OTC:
RVGD) CEO/President Mr. Peter Collorafi announces the Henry County Revolving Loan Fund Committee of Ohio has granted funds to be provided to Revenge Designs through the Ohio Department of Development.
The $300,000.00 loan indexed on bank interest for a term of 5 years. These funds will assist Revenge to secure an established building, leased in Napoleon, Ohio, for the purpose of Management, Marketing and the establishment of the first Revenge Certified Installation and training center.
Revenge has also secured a private placement loan investor in Ohio; this assists Revenge in the completion of our Verde Supercar to be released at the January 11th through 24th 2010 North American International Auto Show followed by the Chicago International Auto Show February 2010.
Revenge is extremely pleased at the response we have received throughout America and Europe with our first rendering release of the Verde Supercar, which was featured in DuPont Registry international magazine. This campaign is set monthly throughout 2010.
Production of the Verde Supercar is estimated to commence in the third term of 2010.
With the availability of a previous production Supercar aluminum chassis platform, this will eliminate extensive testing and expenses relative to the production of our Supercar.
Further discussions with vendors and State officials will assist Revenge to produce 750 vehicles in our first year, then ramp up to 1,500 vehicles per year through 2011 and 2012, using existing assembly lines previously developed.
"To all shareholders/ team members: as we move into 2010 confidence and strength is again motivating the Auto industry. Positive thinking and support for our all-American vehicle while creating jobs will be beneficial to all." SOLAR ENERGY INITIATIVES INCORPORATED (OTC BB:
SNRY) "Up 29.41% on Wednesday" Detailed Quote:
http://otcpicknews.com/emailmarketer/link.phpM940&N5&L3&F=T Solar Energy Initiatives, Inc. (www.SolarEnergy.com) is executing its RENEW THE NATION campaign, intended to promote job growth nationwide via an aggressive grass roots effort. The main focus of RENEW THE NATION will be working with companies in the construction industry and related trades affected by the economic downturn to re-train and re-deploy their workforce, allowing this important national asset to meet the needs of the Solar Energy industry, the fastest growing industry in the world. We are executing on a three-pronged approach to achieve our plan. This includes:
continuing development of one of the fastest growing dealer networks in the U.S. that sells and installs solar solutions to homeowners and commercial customers; placing solar systems on large commercial buildings and selling the energy output to the owner/occupant(s); and becoming a developer of solar parks bringing together landowners, utilities and our corporate resources to build large photovoltaic installations. The Companys dealer network of solar energy installers has access to Suntech Power Holdings Co., Ltd. (NYSE: STP), BP Solar (NYSE: BP) and GE Solar (NYSE: GE) equipment via its distribution agreements. While Solar Energy Initiatives is not a solar franchise, and the Company does not compete directly with industry giants such as First Solar (Nasdaq:
FSLR), Kyocera (NYSE: KYO) or Sanyo (OTC:
SANYY), as a system integrator, it provides exciting and practical solutions to businesses and individuals worldwide that understand the value of solar power.
SNRY News:
December 16 - Solar Energy Initiatives, Inc. Announces First Quarter 2010 Financial Results Year-over-Year Revenue Increases 321% Solar Energy Initiatives, Inc. (OTCBB:
SNRY), executing on a grass roots campaign, RENEW THE NATION, to help redeploy a portion of the U.S.
work force and focus on reducing the worlds dependence on fossil fuels by selling solar thermal and photovoltaic (PV) technologies, announced that it has recorded $1.0 million in revenue for the quarter ended October 31, 2009. This represents a 321% increase in year-over-year revenue.
Solar Energy Initiatives believes that the Company has established a strong foundation for significant near-term growth, said David Fann, CEO of
SNRY. During the quarter we achieved several milestones including; expanded our project pipeline to over $100 million in total value - announced several near term solar installations - signed a significant financing and joint marketing agreement with a municipal financial services company that guarantees our solar solutions will be marketed exclusively to over 100,000 municipalities - and completed improvements to the solar academy division, which we are confident will stimulate further growth in our dealer network. Based on our growth opportunities for 2010 we added several key employees that have already contributed to
SNRYs progress.
First Quarter 2010 Operational Highlights * Announced a Financing and Joint Marketing Agreement with a Municipal financial services company located in the Western U.S.
* The agreement states that the financial services institution will exclusively market Solar Energy Initiatives solar solutions to over 100,000 municipalities.
* Additionally, the financial institution will have the ability to provide project based financing for any contract that it brings to
SNRY.
* Signed a Letter of Intent to assume a $1.7 million turn-key solar project and contract to supply the Gainesville Regional Utilities with solar electricity.
* As the project developer for the solar project, Solar Energy Initiatives will supply the solar equipment and balance of system.
* Installation of this project is expected to begin immediately with completion scheduled for January, 2010.
* Announced the hiring of Mr. Thomas A. Polich, Esq. who has joined the senior management team as Chief Operating Officer.
* Mr. Polich will be responsible for execution of strategic development of distribution and sales networks and solar power projects.
2010 First Quarter Financial Results 1. For the three months ended October 31, 2009,
SNRY recorded revenues of $1,011,950, compared to $240,115 for the period ending October 31, 2008.
Revenues for this quarter reflect dealer training, a municipality project and sales of solar systems and equipment.
2. For the three months ended October 31, 2009 our Cost of Goods Sold were $750,416, resulting in a gross profit from operations of $261,534, compared to $72,638 and $167,477 for the period ending October 31, 2008 respectively.
3. Selling, general and administrative (S, G & A) expenses for the three months ended October 31, 2009 were $1,208,378 compared with $1,037,104 for the same period ending October 31, 2009.
4. Net loss was $993,296 for the three months ended October 31, 2009 compared with $868,984 for the period ending October 31, 2008. The net loss primarily reflects the Companys expenses relating to business activities that have been incurred ahead of our ability to recognize material revenues from our business plan.
As of October 31, 2009, Solar Energy Initiatives had total assets of $2.8 million, an increase of 55% compared to total assets of $1.8 million at October 31, 2008.
"Management intends to leverage its relationships that provide commercial contracts and project financings, while at the same time continuing to drive traffic to our leading website to increase dealers," continued Mr.
Fann. As we move forward we will continue to execute on our established business model in order to increase earnings, expand our geographic footprint and achieve our overall goal of improved shareholder value. As we work to convert several of the projects in our pipeline we expect to have a significantly stronger second quarter.
Conference Call Solar Energy Initiatives will host a conference call on Friday, December 18, 2009 at 11:00 a.m. Eastern Standard Time to discuss the Company`s financial and operational results for the First Quarter 2010. If calling within the United States please dial 1-877-941-4775 or if calling internationally, please dial 1-480-629-9761 approximately 5 to 10 minutes prior to 11:00 a.m. (EST) start time. Participants should ask for the Solar Energy Initiatives First Quarter 2010 Financial Results conference call.
There will be a playback available until December 25, 2009. To listen to the playback, please call 1-800-406-7325 if calling within the United States or 1-303-590-3030 if calling internationally. Please use the pass code 4194863 for replay.
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OPMG advertising and promotional services. OTCPicks.com has been compensated three thousand dollars by a third party (Microcap Awareness) for a previous
SNRY advertising and promotional campaign. Currently OTCPicks.com is being compensated two thousand five hundred dollars from BlueWave Advisors for
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