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OTCPicks.com Daily Market Movers Digest Midday Report for Friday, July 30th

7/30/2010 12:49 PM
Penny Stocks by: OTC Picks

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OTCPicks.com Daily Market Movers Digest Midday Report for Friday, July 30th YIPI, BRZM, MFLI, DNDT, GNOLF, BEDA, MCBC, CTYX, PWER, GRDO, IDOI Our Stocks to Watch today include Yippy Inc. (OTCBB: YIPI), Brazilian Mining Corp. (OTC: BRZM), BRAVADA International Inc. (OTC: MFLI), DND Technologies Inc. (OTC: DNDT), Genoil Inc. (OTCBB: GNOLF), Bederra Corp.

(OTC: BEDA), Macatawa Bank Corp. (Nasdaq: MCBC), Connectyx Technologies Holdings Group Inc. (OTC: CTYX), Power-One Inc. (Nasdaq: PWER), Guard Dog Inc. (OTC: GRDO) and IDO Security Inc. (OTCBB: IDOI).

Visit http://otcpicknews.com/emailmarketer/link.phpM940&N40&L1&F=T to register for our Daily Market Movers Digest Newsletter and Email Stock Watch Alerts.

YIPPY INCORPORATED (OTCBB: YIPI) "Up 4.31% in morning trading" Detailed Quote: www.otcpicks.com/quotes/YIPI.php Company Profile:

http://otcpicknews.com/emailmarketer/link.phpM940&N40&L47&F=T 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.

YIPI News:

July 30 - Liberty Analytics Co. Initiates Independent Research Coverage on Yippy, Inc.

Liberty Analytics Co., a leading provider of large, small - and micro-cap independent investment research, has initiated coverage on Yippy, Inc.

(OTCBB: YIPI). Liberty Analytics is currently offering a complimentary trial subscription. Go to www.skymarkresearch.com To view the company`s research.

July 29 - Skymark Research Initiates Independent Research Coverage on Yippy, Inc.

Skymark Research, a leading provider of small- and micro-cap independent investment research, has initiated coverage on Yippy, Inc. (OTCBB: YIPI).

Skymark Research is currently offering a complimentary trial subscription.

Go to www.skymarkresearch.com To view the company`s research.

July 28 - Yippy Releases Family Friendly Search for Nintendo Wii Yippy, Inc. (OTCBB: YIPI) (www.yippy.com), the providers of the world`s fastest, family friendly web browser and search engine, announces the official release of "Yippy" branded search for Nintendo Wii available at Wii.yippy.com. The Yippy Wii search is optimized for use with Nintendo Wii game controls and features Yippy content blocking protocols.

"Wii.Yippy.com has been carefully designed from the ground up to effectively browse and search web sites with the Nintendo Wii system," says Emily Parker, Vice President of Operations, Yippy Inc. "The content blocking programs are improved, and with the help of Vivisimo`s stellar team, Yippy Wii search provides fast and accurate search functionality.

Once you`ve entered your search terms, click `OK` from the full-screen Wii keyboard and Yippy will process your query immediately without needing an additional click on the `Search` button. Yippy Wii search allows users to point and click with confidence." "Wii.yippy.com search also works great for people who wear bifocals or who are visually impaired," continues Parker. "The jumbo sized results accessed from on any modern browser makes accessing wii.yippy.com easier on your eyes with less headaches from straining to read results than you`d likely experience from the other search engines." "To change the balance of power of the Internet, you must win the trust of the American family first," said Richard Granville, CEO, Yippy Inc. "We are grooming Yippy to become the standout brand of the future for high tech families. Games consoles and a flotilla of mobile devices will soon be Yippy-enabled devices." "The Yippy Wii search and the soon-to-be released YIPPY Wii browser with cloud based content management platforms will win the hearts of families and play a starring role on big screen TVs," adds Granville. "Screens translate into revenue and with over 70 million Wii`s worldwide and nearly half of those sold in the US, we see the Wii as another excellent revenue generator moving forward. The new Wii.yippy.com search is fully monetized and available today for your family`s enjoyment." Yippy incorporates search and browsing content-blocking solutions that provide its users, including parents and schools, with the safest alternative for online activities. Designed for all web users from age eight and above; Yippy, ranked a leading search engine of 2010 by Paul H.

Gil, the About.com Guide to Internet for Beginners, is currently utilized as the primary default browser and search engine in many public libraries, academies, schools, universities and places of worship throughout the US and Canada.

"Yippy combines contextual information in a cloud service that tailors Internet content to the preferences and needs of each user," reported Alex Winogradoff, Vice President of Technology, for leading analyst firm, Gartner, in a report on "Cool Vendors" issued earlier this year.

Winogradoff added that, "Yippy is designed to be an online media store with one-touch access to television, games, news, movies, social networking, streaming radio, shopping and eventually office applications.

While it vastly simplifies the Web surfing experience of the average consumer, its user interface is also built to be usable by pre-teen children. Yippy is unabashedly focused on providing a worry-free family Web experience based on a combination of parental proxy controls for approved content, trusted content partners and strict enforcement of a government-registered restriction list." "PC vendors should be concerned about future commoditization of the PC as a result of cloud services, such as Yippy, that decrease the need for compute capability on the client," said Winogradoff. "Device manufacturers looking for service-bundling opportunities should also care, as should families that want to shield their children from adult Web content, advertising firms and local businesses, game developers and local media/entertainment providers." Yippy Inc. has established a new toll-free number for customer service and company inquiries which is 1-877-YIPPY01.

Emerging Stock Report Initiates Independent Research Coverage on Yippy, Inc.

Emerging Stock Report, a leading provider of sector specific independent investment research, has initiated coverage on Yippy, Inc. (OTCBB: YIPI).

Emerging Stock Report is currently offering a complimentary trial subscription to the investment community. Visit www.emergingstockreport.com to view the report in its entirety.

BRAZILIAN MINING CORPORATION (OTC: BRZM) Detailed Quote: www.otcpicks.com/quotes/BRZM.php Company Profile:

http://otcpicknews.com/emailmarketer/link.phpM940&N40&L57&F=T Brazilian Mining focuses on evaluating various potential acquisitions.

Previously, it engaged in exploring and mining diamond properties in Brazil. Terrax, Inc. is now a fully owned subsidiary of Brazilian Mining Corporation. The company is based in Gardnerville, Nevada.

BRZM News:

July 19 - Terrax in Final Stages on $40 Million Civil Aviation Security Contract Terrax, Inc., a fully owned subsidiary of Brazilian Mining Corporation (OTC: BRZM), announces that as a result of the demonstration of the Theia System at the SOFEX conference in May 2010 in Ammon, Jordan, the company has been requested to supply $40 million of Terrax Theia Systems and services over an eight year period. The deployment covers the international civil aviation sector. The company is scheduled to conduct an airport and field demonstration later this year. The contract terms are currently being finalized. According to Mr. Murray Owen, president of Terrax, a demonstration has tentatively been set with final details to come at a later date. Owen went on to state, "I am very pleased with the progress on this contract and look forward to finalizing the details and signing several more contracts in the near future." ABOUT TERRAX, INC.

Founded in 2000, Terrax is a solutions integrator of image data and hyperspectral imaging to provide real time detection and alert systems for civilian applications.

BRAVADA INTERNATIONAL LIMITED (OTC: MFLI) Detailed Quote:

http://otcpicknews.com/emailmarketer/link.phpM940&N40&L0&F=T Company Profile:

http://otcpicknews.com/emailmarketer/link.phpM940&N40&L82&F=T BRAVADA International Ltd. is a leading edge media, women`s fitness, health and lifestyle company that develops exciting brands through the development of internet and television media content. BRAVADA is dedicated to providing the highest quality of products, services and media that enriches and provides betterment for individuals both physically and emotionally. Through its dedication to quality, BRAVADA International delivers its products, services and media by empowering an individual through a positive experience and lifestyle through innovation.

MFLI News:

July 20 - BRAVADA Looks to Dual List its Shares on Canada`s TSX Venture Exchange as a Reporting Issuer to Coincide with its BRAVADA Women`s Athletica Canadian Expansion BRAVADA International Inc. (OTC: MFLI) (www.BravadaLtd.com) announced that it is looking to develop a dual USA / Canadian stock listing by seeking to list its shares for trading on the Canadian TSX Venture exchange as a reporting issuer. BRAVADA is currently looking to expand its BRAVADA Womens Athletica stores into Canada and listing its shares to trade on the TSX Venture Exchange as a reporting issuer would greatly expand its potential shareholder base across North America. Canada is a market that is very friendly to microcap companies that possess authentic and growing business plans in both the formation of capital as well as the regulatory environment. The Canadian TSX Venture Exchange is a vibrant exchange which requires companies to fully report and disclose audited financials, material change events and all corporate disclosures consistent with being a fully reporting issuer. Most important to BRAVADA, the regulatory environment is one that is fair and consistent that seeks the creation of shareholder value.

BRAVADA is currently looking to expand its BRAVADA Womens Athletica stores into Canada and has done significant research into the Calgary market, a city that BRAVADA CEO Danny Alex is very familiar with. Calgary is one of Canadas wealthiest cities and is thriving economically.

Kelowna, British Columbia is also being considered as well as Toronto and Vancouver. Expansion plans into the United States market shall continue as well.

BRAVADA is choosing to up-list its shares and report to Canadian regulators as opposed to its United States counter-parts for a number of reasons. The Canadian financial and banking systems provide a strong environment to continue BRAVADAs fast paced growth as well as an environment that it regards as friendlier to microcap companies. As well, the Canadian economy continues to be one of the fastest growing global economies.

We intend to dual list BRAVADA on the Pink Sheets in the United States and the TSX Venture Exchange in Canada as a reporting issuer, replied Danny Alex CEO of BRAVADA International. Many factors influenced our decision both economic and regulatory. We want a fair and consistent regulatory environment by which we conduct our business and report to shareholders and the TSX Venture Exchange will allow us to greatly expand our shareholder base as we expand our BRAVADA Womens Athletica stores and presence into Canada.

BRAVADA shall report to shareholders any material developments in pursuing its TSX Venture Exchange listing. BRAVADAs head office shall remain in Los Angeles.

DND TECHNOLOGIES INCORPORATED (OTC: DNDT) Detailed Quote:

http://otcpicknews.com/emailmarketer/link.phpM940&N40&L44&F=T Company Profile:

http://otcpicknews.com/emailmarketer/link.phpM940&N40&L49&F=T Founded in 1997, DND Technologies is a publicly traded high technology holding company that acquires, invests in, or partners with leading edge technology solution companies and established businesses to bring new or improved products to market. DNDT`s core competencies include acquiring or taking strategic financial positions in cutting-edge companies that have synergies in business-to-business and business-to-consumer technology opportunities that are targeted to resolving unmet consumer needs and emergent business domains. is a publicly traded high technology holding company that acquires, invests in, or partners with leading edge technology solution companies and established businesses to bring new or improved products to market. DNDT`s core competencies include acquiring or taking strategic financial positions in cutting-edge companies that have synergies in business-to-business and business-to-consumer technology opportunities that are targeted to resolving unmet consumer needs and emergent business domains.

DNDT News:

July 8 - DND Technologies Set to Expand MatchingAds Classifed Presence Nationwide DND Technologies, Inc. (OTC: DNDT) and its subsidiary, MatchingAds, the online classified ad company, are positioned to further expand their business model by entering 20 new television broadcast markets, with more stations around the country to follow. This will help MatchingAds gain classified ad market share, while quickly achieving critical mass to advertisers, and scaling substantive ad dollars.

MatchingAds is fully committed to making its business model a success for each individual television station partner. These partners include each of the network companies ABC, CBS, NBC and Fox as it launches the rest of the nation and beyond. MatchingAds plans to operate in 20 of the top 50 U.S. markets covering approximately 40% of the population by the end of 2010.

Online classified advertising and its attendant revenues have grown substantially due to newspaper classified ad weaknesses. Advertisers pay to place ads on the joint TV/MatchingAds classified sites, yet the service is free to the consumers who wish to sell their goods and services.

For more information on DND Technologies and its subsidiary, MatchingAds, Inc., visit:

www.dndtechnologies.com www.matchingads.com GENOIL INCORPORATED (OTCBB: GNOLF) Detailed Quote:

http://otcpicknews.com/emailmarketer/link.phpM940&N40&L54&F=T Company Profile:

http://otcpicknews.com/emailmarketer/link.phpM940&N40&L85&F=T Genoil is an international engineering technology development company based in Alberta, Canada, that develops innovative hydrocarbon, oil and water separation, and marine technologies for the oil and gas and commercial marine industries.

GNOLF News:

July 8 - Genoil Inc. Announces Approval of Grant of Stock Options Genoil Inc. (OTCBB: GNOLF) (TSX-V: GNO) (the "Corporation") reports that the Board of Directors of the Corporation (the "Board") has completed a review of compensation levels for the Corporation`s officers and has consequently approved the grant of incentive stock options to such individuals for 2010. The Board has approved the grant of an aggregate of 3,000,000 options to acquire common shares of the Corporation at an exercise price of $0.20, being superior to the closing price of the Corporation`s shares on the TSX Venture Exchange on the day prior to this Press Release and equal to the price per share the day prior to the date Board approval for the grant was made. Of the 3,000,000 options approved for grant, 1,500,000 have been approved for grant to the Corporation`s Chief Executive Officer and 1,500,000 to the Corporation`s President as an inducement for their continued efforts and their compensation, in lieu of any salary compensation, for 2010. All options described above vest immediately and have a term of five years from the date of grant.

The approval of the grant of these options resulted from a recommendation made by the Corporation`s Chairman and Chief Executive Officer with the unanimous approval of the Board. The recommendation was based upon a review of the current, competitive industry conditions and with the objective being the retention of the Corporation`s key individuals. Consideration was also given to the recent movement in the Corporation`s share trading price.

The Corporation`s Compensation Committee had previously commissioned an independent third party compensation expert to report on compensation matters given the current energy industry compensation levels for similar organizations and utilized this report to provide a baseline in making its recommendations regarding appropriate compensation for the Corporation`s senior officers.

Genoil is an international engineering technology development company based in Alberta, Canada that develops innovative hydrocarbon, oil and water separation, and marine technologies.

BEDERRA CORPORATION (OTC: BEDA) "Up 33.33% in morning trading" Detailed Quote:

http://otcpicknews.com/emailmarketer/link.phpM940&N40&L5&F=T Bederra Corporation, through its wholly owned subsidiaries Diagnos, Inc.

and Lumar Imaging, Inc., provides multiple modality diagnostic medical imaging services to the greater Houston area and the world famous Texas Medical Center. The Company`s business strategy is to continue to expand its current operations and seek out additional acquisitions that will complement its core offerings.

BEDA News:

July 30 - Bederra Corporation Attains Pink Sheets Current Information Status Bederra Corporation (OTC: BEDA) management announced that the company has attained Pinksheet Current Information status on otcmarkets.com. Management had previously announced its intention to satisfy the "Alternative Reporting Standard" of public transparency in the company`s efforts to further investor relations and voluntarily make adequate and current information publicly available.

Management also noted that it remains currently in discussions with several potential acquisition candidates both in the medical area and outside this market. While the company remains dedicated to further growth in the medical services industry, management had recently announced its decision to explore diversification options in the interest of shareholders until further information regarding the overall direction of the recently passed healthcare legislation is announced.

MACATAWA BANK CORPORATION (NASDAQ: MCBC) "Up 33.05% in morning trading" Detailed Quote:

http://otcpicknews.com/emailmarketer/link.phpM940&N40&L00&F=T Headquartered in Holland, Michigan, Macatawa Bank Corporation is the parent company for Macatawa Bank. Through its banking subsidiary, the Company offers a full range of banking, investment and trust services to individuals, businesses, and governmental entities from a network of 26 full service branches located in communities in Kent County, Ottawa County, and northern Allegan County. Services include commercial, consumer and real estate financing; business and personal deposit services, ATMs and Internet banking services, trust and employee benefit plan services, and various investment services. The Company emphasizes its local management team and decision making, along with providing customers excellent service and superior financial products.

MCBC News:

July 29 - Macatawa Bank Corporation Reports Profitable Second Quarter, Improved Results Macatawa Bank Corporation (Nasdaq: MCBC) announced a return to profitability and improvements in several key capital and operational ratios in the second quarter 2010. The Company`s results for the quarter included:

* Pre-tax net income of $3.1 million.

* After-tax net income of $1.7 million, compared to a loss of $30.4 million in the same quarter of last year.

* Net charge-offs of $6.3 million, down 54 percent from the first quarter 2010 ($13.6 million), 72 percent less than the second quarter 2009 ($22.1 million).

* Sixth consecutive quarter of improvement in net interest margin now at 3.29 percent.

* Solid improvement in capital ratios remained categorized as "adequately capitalized" under applicable regulatory capital requirements.

* Deposit accounts remain insured by the FDIC up to the maximum amount permitted by law.

Macatawa reported net income available to common shares of $1.7 million, or $0.10 per diluted share, for the second quarter 2010, compared to a net loss available to common shares of $31.3 million, or ($1.82) per diluted share, for the second quarter 2009 and a net loss of $21.1 million for the first quarter 2010. For the first half of 2010, the Company`s net loss available to common shares totaled $19.4 million in 2010 compared to $36.4 million for the same period in 2009.

"Eight months ago, in an extremely challenging environment, we began an all out effort to instill business discipline and sound banking principles throughout the entire organization," said Richard L. Postma, Chairman of Macatawa Bank Corporation. "The second quarter results and our first profitable period in almost two years, coupled with improvements in nearly every key capital and performance metric, certainly are positive steps, but we still have a great deal of work to do to return the Company to financial health." Since taking the helm as chairman in late 2009 and with the full support of the Board of Directors, Mr. Postma has navigated the Company during a critical transition period. Under this leadership, the Bank implemented improved business and banking principles, added experienced personnel, bolstered the Bank`s risk management functions by adding key individuals in its Special Assets and Loan Review departments, and implemented new and more disciplined lending and loan risk management policies and new procedures for loan administration and loan review. Macatawa continued this momentum during the second quarter by accelerating workout strategies with some of its more stressed loan customers and making significant progress towards completing an independent loan review of all commercial credits.

In addition to its focus on improving asset quality, the Company continued to implement strategic initiatives to improve core operating performance.

"Our quarterly net interest margin continues to improve and is currently at its highest level in the past three years, while our quarterly controllable overhead costs are at their lowest level in over two years. In addition, we continue to efficiently manage our balance sheet. We have reduced out-of-market funding on our balance sheet by nearly $200 million as we continue to scale the organization to the current realities," commented Postma. "Even though the operating environment for banking is far from normal, we are confident that we are establishing a well-disciplined banking culture which will help us return to consistent and sustained profitability. However, it is realistic to expect that as the Company strives to return to sustained positive performance, it will experience uneven results on a quarterly basis. No one should assume that the second quarter results mean that the Company`s problems are fully resolved. It is a very good start, but just that, a start. We have a long road to travel to regain our shareholder and depositor confidence," said Postma.

Operating Results Net interest income for the second quarter 2010 totaled $12.8 million, a decrease of $210,000 from the first quarter 2010 and a decrease of $580,000 from the second quarter 2009. However, net interest margin increased to 3.29 percent, up 7 basis points from 3.22 percent on a consecutive quarter basis and up 50 basis points from 2.79 percent in the second quarter 2009.

"Future margin expansion will be dampened by the sale of the Company`s securities portfolio but margin should be positively impacted by the continued payoff of higher costing wholesale funds," said Postma. "The sale of our securities portfolio was an important step at firming up our capital position during this depressed economic cycle, and despite this impact on margin in the short-term, we expect continued momentum toward margin expansion over the longer term." Average interest earning assets for the second quarter 2010 declined $93.7 million from the first quarter 2010 and declined $385.0 million from the second quarter 2009, negatively impacting net interest income. However, the decline in assets continues to reflect the Bank`s focus on liquidity improvement, capital ratio maintenance and reduction in credit exposure within certain segments.

Non-interest income of $6.3 million for the second quarter 2010 was up $2.9 million from the first quarter 2010 and up $2.1 million from the second quarter 2009. The increase was primarily driven by the $2.7 million in gains on sales of securities in the quarter, offset by continued reductions in income from mortgage banking activities. Mortgage loan sales volumes have decreased significantly from levels in the second quarter 2009, when mortgage refinancing activity was strong as a result of low interest rates.

Non-interest expense was $14.3 million for the second quarter 2010, compared to $17.9 million for the first quarter 2010 and $21.3 million for the second quarter 2009. Last year`s second quarter total was unusually high as it included $5.5 million in expense associated with the Trade Partners litigation settlement. In the most recent quarter costs associated with the administration and disposition of problem loans and non-performing assets were $2.5 million compared to $5.5 million in the first quarter 2010 and $2.4 million in the second quarter 2009. FDIC insurance assessments remain elevated at $1.2 million in the most recent quarter compared to $1.3 million in the first quarter 2010 and $1.7 million in the second quarter 2009, as a result of higher assessment rates implemented by the FDIC.

When excluding nonperforming asset costs and FDIC assessments, non-interest expense was $10.6 million for the most recent quarter, down from $11.1 million in the first quarter 2010 and $17.1 million in the second quarter 2009. Salaries and employee benefits were down $104,000 compared to the first quarter 2010 and down $678,000 from the prior year quarter as a result of a reduction in overall staffing levels due to the Company scaling its operations to respond to the impact of the prolonged economic weakness.

Asset Quality The provision for loan losses of $1.8 million for the second quarter 2010 declined 90 percent or $17.9 million, from the first quarter 2010 and, even more dramatically, down $18.8 million from the second quarter 2009. Net charge-offs were $6.3 million compared to $13.5 million for the first quarter 2010 and $22.1 million for the second quarter 2009. During the fourth quarter 2009 and into 2010, the Company continued to complete a full, independent re-evaluation of its loan portfolio at the direction of the Board of Directors. The elevated levels of provisions for loan losses and net charge-offs in the first quarter 2010 reflect these efforts.

The loan loss reserve of $56.3 million was 4.12 percent of total loans at June 30, 2010, compared with 4.23 percent at March 31, 2010 and 2.32 percent at June 30, 2009. The loan loss reserve coverage to nonperforming loans remains elevated at 59.2 percent of non-performing loans at June 30, 2010, compared to 59.3 percent at March 31, 2010 and 39.1 percent at June 30, 2009.

At June 30, 2010, the Company`s non-performing loans were $95.1 million (6.96% of total loans) compared to $102.5 million (7.13% of total loans) at March 31, 2010 and $103.9 million (6.88% of total loans) at December 31, 2009. Sales of foreclosed properties continued to improve as compared to 2009, with the Bank selling nearly $10 million of real estate in the first six months of 2010 compared to sales of $7.5 million for all of 2009.

"We intend to continue to maintain a prudent and conservative level of loan loss reserves until we see a clear trend of significant reductions in our charge-off and non-performing loan levels. That being said, we are seeing signs of stabilization in the valuations of properties securing our assets, allowing us to accelerate sales and reduce non-performing asset expenses. We also are encouraged by our efforts to find workable solutions with our challenging accounts to mitigate the impact on our loan losses and are achieving credit upgrades in some instances. Going forward, our approach to loan loss reserves will be cautious as we remain focused on reflecting the values of these assets at appropriate levels and moving the non-performing assets out of the Bank," said Postma.

Balance Sheet, Liquidity and Capital Total assets were $1.65 billion at June 30, 2010, a decrease of $179.1 million from $1.83 billion at December 31, 2009. Total loans were $1.36 billion at June 30, 2010, down $145.9 million from $1.51 billion at December 31, 2009.

Commercial loans decreased by $125.2 million representing the majority of the decrease since December 31, 2009. The commercial real estate portfolio was reduced by $69.7 million as the Company continues its efforts to reduce exposure in these segments. Commercial and industrial loans declined by $55.4 million due in part to a general decline in business activity.

Of the decline in commercial real estate loans, $33.0 million of the decrease was in loans to residential developers, the portfolio that has caused the majority of stress within the Company`s loan portfolio.

The reduction in loans since year end 2009 allowed the Company to reduce wholesale funding, including out-of-market deposits acquired through brokers, by $93.2 million and to reduce other borrowed funds by $56.0 million. Total deposits were $1.31 billion at June 30, 2010, down $103.6 million from $1.42 billion at December 31, 2009, primarily from the run-off of brokered deposits. Customer deposit accounts remain fully insured to the highest levels available under the FDIC insurance programs.

Two of the three regulatory capital ratios for Macatawa Bank, including the tier one risk-based capital ratio and the tier one leverage capital ratio, were maintained at levels in excess of those ordinarily required to be categorized as "well capitalized" under applicable regulatory capital guidelines. Despite these ratios, the Bank was categorized as "adequately capitalized" as its total risk-based capital ratio of 8.71 percent was below the 10.0 percent minimum to be categorized as "well capitalized." In addition, because the Bank is subject to the Consent Order, the Bank cannot be categorized as "well capitalized" regardless of actual capital levels.

At June 30, 2010, the Bank did not have capital at levels required by the Consent Order.

"Our goal remains to return to `well-capitalized` status, and we continue to work closely with our regulators in our efforts to comply with the terms of the Consent Order. While we are encouraged by the results of the quarter and are cautiously optimistic about the prospects for the rest of 2010, we remain committed to building back profitability and improving our valuation. Although improvements in our operating results may be uneven during 2010, we continue to expect the overall profit trend to be positive," Postma said. "The Board of Directors and management team are determined to restore Macatawa Bank to sustained profitability and return to a position of capital strength. The second quarter was an important step in that direction." CONNECTYX TECHNOLOGIES HOLDINGS GROUP (OTC: CTYX) "Up 83.33% in morning trading" Detailed Quote:

http://otcpicknews.com/emailmarketer/link.phpM940&N40&L01&F=T Connectyx Technologies provides unique products for the healthcare market including, MedFlash, the electronic Personal Health Manager (PHM).

Compatible with Google Health and Microsoft`s Health Vault, The MedFlash PHM is an easy to use Personal Health and Lifestyle Manager that is accessible using a powerful web portal suite. The MedFlash PHM also features a 24/7/365 call center, a USB flash drive and our (soon to be released) smart phone applications. The MedFlash PHM provides member benefits including instant access to your Emergency Medical Profile and Personal Health Record in the event of an accident or a medical emergency.

Whether traveling, at work, or at home, First Responders have an invaluable advantage when they have access to this time critical information. Far more than just an emergency flash drive, The MedFlash PHM can be accessed on any computer, securely and with complete privacy. There are also lifestyle and wellness features that provide significant health benefits to members and risk mitigation for employers and insurers alike. Connectyx products are developed with the needs of Patients, Families, Doctors and First Responders in mind.

CTYX News:

July 7 - Connectyx Launches MedFlash Social Media Marketing Campaign Connectyx Technologies Holdings Group, Inc. (OTC: CTYX) announced that the Company launched its social media marketing campaign as part of a long term plan to expand its communication platform with its shareholders, MedFlash members and the Investment Community. The Company has also initiated a marketing program that includes expanding its MedFlash personal health manager product to a larger audience through Google and Face book advertising engines. As part of this marketing initiative, the Company plans to share events that are happening within Connectyx Technologies Holdings Group as well as new MedFlash member benefits, services and products. MedFlash can now be found on Twitter (http://otcpicknews.com/emailmarketer/link.phpM940&N40&L02&F=T) where followers can receive short, timely messages regarding current promotions and updates. Individuals can also connect with MedFlash and other MedFlash fans on Facebook to find testimonials, videos and quick notes regarding news about the MedFlash product.

Social media is a medium Connectyx Technologies will utilize to inform shareholders of some of the day-to-day activities and provide some insight into the personality of the company. Information and links to relevant industry news will be a regular part of the company`s postings.

Social media outlets are becoming increasingly popular among all demographics. Social Networking websites such as Twitter, Facebook and LinkedIn, are among the most dominant examples of socialized media. These websites generate a dynamic location that is used to build relationships between individuals or companies and the content they produce and share.

Facebook.com is listed as the number one most visited website worldwide.

Facebook traffics 540 million unique unduplicated visitors monthly*, Twitter generates approximately 97 million unique unduplicated visitors*, and Linked In follows with 38 million unique unduplicated visitors*.

Twitter, which is a mixture of micro blogging, messaging, and social networking, has become one of the best ways to connect with people who share common interests.

"By using the vast social media outlets available to us, we can keep our MedFlash membership engaged as well as a greater numbers of shareholders and the investment community informed about the events that are taking place within Connectyx Technologies and our MedFlash product," stated Ronn Schuman, President and CEO of Connectyx Technologies Holdings Group, Inc.

Connectyx Technologies recently announced that the Company has signed a marketing agreement with the Hereditary Neuropathy Foundation (HNF), a non-profit organization that focuses on raising awareness, funding scientific research, and educating the medical community as well as the general public about Charcot-Marie Tooth disease (CMT). The agreement will allow Connectyx to promote its MedFlash Personal Health manager directly to Hereditary Neuropathy Foundation`s membership and their families, through HNF`s membership benefit program located on their web site.

*Information referenced from Google Top 1000 Website Ad planner.

POWER-ONE INCORPORATED (NASD: PWER) "Up 24.40% in morning trading" Detailed Quote:

http://otcpicknews.com/emailmarketer/link.phpM940&N40&L82&F=T Power-One designs and manufactures energy-efficient power conversion and power management solutions for alternative/renewable energy, routers, data storage and servers, wireless communications, optical networking, semiconductor test equipment, industrial markets and custom applications.

Power-One, with headquarters in Camarillo, California, has global sales offices, manufacturing, and R&D operations in Asia, Europe, and the Americas.

PWER News:

July 29 - Power-One Posts Record Second Quarter 2010 Results * Consolidated revenue expands to $215 million, up 135% year-over-year * Ships 529 MW of inverters; cumulatively has shipped over 800 MW in 2010 * Posts net income of $24 million and diluted EPS of $0.17 Power-One, Inc. (Nasdaq: PWER), a leading provider of renewable energy and energy-efficient power conversion and power management solutions, today announced financial results for the second quarter 2010. Power-One posted record net sales of $215 million for the second quarter ended July 4, 2010, an increase of 135% from the second quarter 2009. Net income attributable to common stockholders for the second quarter was $24 million, or $0.17 per diluted share, compared to a net loss of $7 million, or $0.08 per share for the same period last year. Consolidated bookings reached $757 million in the second quarter of 2010.

"In the second quarter, we drove significantly improved revenue growth from renewable energy products, due to capacity expansion and specific demand for Power-One`s industry-leading products. In turn, this led to expanded gross and operating margins and the third straight quarter of net profit," said Richard Thompson, Chief Executive Officer of Power-One.

"Orders were strong in the quarter, backlog increased and we expect to grow revenue again in the third quarter. Strategically, we are positioning the company to achieve profitable growth across all of our business segments through new product introductions, expansion and manufacturing efficiencies." Power-One expanded consolidated gross margin for the fifth consecutive quarter, improving to 37% in the second quarter of 2010, compared with 19.9% for the same period last year. A favorable product mix, better absorption and an improving manufacturing cost structure contributed to the expansion. Gross margin was negatively affected by approximately $1.8 million in charges related to the closure of the Dominican Republic facility, which was near completion at the end of the second quarter 2010.

Operating income for the second quarter 2010 was $49 million, or 23% of revenue, and included $4.7 million in total charges primarily related to the closure of the Dominican Republic facility.

Strategic Business Units Beginning this quarter, Power-One will report revenue and operating income specific to its newly formed strategic business units, or SBUs, in the company`s filings with the Securities & Exchange Commission.

Renewable Energy Solutions Renewable Energy Solutions posted strong sequential revenue gains in the second quarter 2010. Inverter and related product sales posted a record $142 million in revenue for the second quarter 2010, or a year-over-year increase of 745% from $17 million in the second quarter 2009. Renewable Energy Solutions contributed the majority of the company`s revenue, at 66% of total sales in the quarter, versus 18% in the second quarter of 2009.

Power-One shipped 529 MW of inverters in the quarter.

"Based on the efficiency, harvesting power and quality of our products and technology, we are continuing to take share in the inverter market," said Dr. Alex Levran, President of the Renewable Energy Solutions SBU. "We are implementing strategies and investments to continue our momentum, including new product introductions, capacity expansion and investments into sales, marketing and R&D." Power Solutions Power Solutions generated revenue of $72 million in the second quarter 2010 versus $74 million in the same period of 2009. Component availability continues to impact the production and sale of Power Solutions products.

"The closure of the Dominican republic facility, among other initiatives, will improve the margin profile of the Power Solutions SBU," commented Mr.

Steve Hogge, President of the Power Solutions SBU. "We will continue to reshape this business, as well as focus on new product offerings and design wins with marquee customers, in order to improve growth and profitability for this SBU." Business Outlook Effective today, Power-One will begin issuing quarterly revenue guidance.

For the third quarter of 2010, Power-One forecasts revenue of $250 to $270 million.

Earnings Conference Call Power-One will discuss its 2010 second quarter results today beginning at 2:00 p.m. Pacific Time. The call will be available both via the telephone at (877) 390-5535 or (631) 291-4579, conference ID #87190408, or over the Internet through the Power-One`s investor relations Web site at http://otcpicknews.com/emailmarketer/link.phpM940&N40&L03&F=T. To listen to the call, please log-in at least 10 minutes early to register, download, and install any necessary audio software. For those who cannot listen to the live broadcast, the webcast will be available on the investor relations section of the Power-One`s web site at http://otcpicknews.com/emailmarketer/link.phpM940&N40&L03&F=T throughout the current quarter.

GUARD DOG INCORPORATED (OTC: GRDO) "Up 10.68% in morning trading" Detailed Quote:

http://otcpicknews.com/emailmarketer/link.phpM940&N40&L8&F=T Guard Dog, Inc. is rapidly accelerating to become an industry leader in the rapidly growing field of Identity Theft Protection. The company strives to serve the growing needs of consumers throughout the United States. Guard Dog, Inc. is an aggregator and supplier of a broad spectrum of services similar to that of other industry leaders including LifeLock. However, in addition to offering a similar suite of services to that of competitors, Guard Dog, Inc. provides downloadable applications, which will notify a customer through a computer alert notification in the event of any identity theft red flags become triggered.

GRDO News:

July 29 - Guard Dog Inc. Partners With Javacool Software LLC, Creators of Popular `SpywareBlaster` Program Alliance To Greatly Enhance Security and Privacy for Online Users Guard Dog, Inc. (OTC: GRDO) announces a significant advance in its mission to protect consumers with a truly complete level of security against threats of identity theft through a recent partnership with Javacool Software LLC (JCS). In keeping with the companys commitment to provide the best protection and solutions against online identity theft threats JCSs popular software, SpywareBlaster, will be provided to all Guard Dog members to help protect them online.

It has always been our primary objective to provide both current and future members of our identity theft protection service with the most comprehensive protection, states Guard Dog Inc. Chief Executive Officer James Watson. This partnership is one of many clear strategic moves towards Guard Dog achieving that objective. This is a never-ending process of building layers of protection and it is critical to include online partners in that process. SpywareBlaster is a proven anti-spyware, anti-malware system and when combined with Guard Dogs unique, full-featured pro-active approach; the combination provides serious protection against identity theft.

There are many key features that make SpywareBlaster a perfect fit for the Guard Dog product line. SpywareBlaster works alongside any existing security software on a PC to help provide a strong layered defense against spyware, malware and other threats. It also prevents the installation of ActiveX-based spyware and other dangerous programs, blocks spying and tracking via cookies, and restricts the actions of potentially unwanted Web sites. Unlike many other security tools, the performance-friendly SpywareBlaster software does not remain running in the background to slow down your PC.

We are extremely pleased to announce our cooperative agreement with Guard Dog ID, said a Javacool company spokesperson. Over the years we have been approached by numerous companies that wanted to enter into a partnership program. The only one that was clearly in the best interests of our customers and our SpywareBlaster product was Guard Dog. We have been in talks with Guard Dog over the last three months and have a good understanding of their product and how SpywareBlaster fits into the equation. We are very excited to be a part of it.

With more than 60 million free downloads since the companys launch in 2002, having this agreement with Javacool furthers the distance between Guard Dog ID and its competitors. The company now truly offers a full suite of comprehensive identity theft protection, including key protection against online threats.

SpywareBlaster will now be a key component in the new Guard Dog essential package" soon to be released in the marketplace. Also, the users of Javacool will now have the ability to protect their identity offline using the full suite of Guard Dog Identity theft Solutions.

ABOUT JAVACOOL SOFTWARE, LLC With more than 60 million free downloads since the companys launch in 2002, Javacool Software LLC (www.javacoolsoftware.com) offers a range of free and low-cost security and privacy solutions used by home and small business computer owners worldwide, along with other services for enterprises and networks. The companys featured-packed yet lean products prevent downloading of spyware and malware, analyze license agreements, and help clean your system and documents to protect your private information.

ABOUT GUARD DOG ID Guard Dog ID provides identity theft solutions for individuals, groups and corporations to help educate consumers, offers guidelines and tips for safeguarding personal information, and cutting edge technology to promptly and effectively remediate identity breaches.

IDO SECURITY INCORPORATED (OTCBB: IDOI) "Up 14.29% in morning trading" Detailed Quote:

http://otcpicknews.com/emailmarketer/link.phpM940&N40&L1&F=T Headquartered in New York with a subsidiary in Israel, IDO Security designs, develops and markets the patented, UL-certified MagShoe weapons metal detection system. MagShoe fills a critical void in today`s metal detectors by extending screening to the lower body and feet. MagShoe`s unique "shoes-on" design maximizes security, thoroughness and accuracy while eliminating the need to remove shoes for increased convenience and safety. Ideal for security and loss prevention at virtually any facility, MagShoe is currently in use at international airports, cruise lines, government agencies, prisons and more.

IDOI News:

March 16 - IDO Security Invited to Participate in Homeland Security Seminar IDO Security, Inc. (OTCBB: IDOI), developer of the innovative Magshoe "shoes-on" weapons metal detection system, announced that the Company has been invited by Lotan Security (http://otcpicknews.com/emailmarketer/link.phpM940&N40&L96&F=T) to participate in an "invitation only" seminar to be held today in Tel Aviv, Israel. The focus will be on new and proven security technologies that have been successfully field tested in Ben Gurion Airport.

"After our recent success introducing the new generation Magshoe 3G/4 at the 2010 SICUR International Security Safety Exhibition in Madrid, Spain, we are extremely pleased to be part of this exclusive seminar where Aviation and Security officials from China, India and several other countries will attend," said Henry Shabat, COO of IDO Security Ltd. "We`re confident that the recent increased exposure of our cutting edge Magshoe 3G/4 will have an extremely positive impact on our results going forward." Magshoe addresses a key vulnerability in walk-through metal detectors and other screening technologies; these technologies stop just above the ankles when scanning for concealed weapons. Magshoe, a portable, user-friendly device extends metal detection to include the lower extremities, now covers everything from eighteen inches to the bottoms of the feet without requiring passengers to remove their shoes, thanks to a patented "step-on" design.

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