For
Friday, February 12th
MFLI, OPMG, BMGP, HDUP, FRMC
PGNE, DNNC, PFMS, SDVI, SNWT, SNSS
Our Stocks to Watch today include Muscle Flex Inc. (OTC: MFLI), Options Media Group Holdings Inc. (OTCBB: OPMG), Biomagnetics Diagnostics Corp. (OTC: BMGP), HeadsUp Entertainment International Inc. (OTC: HDUP), FormCap Corp. (OTC: FRMC), PrimeGen Energy Corp. (OTC: PGNE), Donini Inc. (OTC: DNNC), PaperFree Medical Solutions Inc. (OTC: PFMS), Signature Devices Inc. (OTC: SDVI), San West Inc. (OTCBB: SNWT) and Sunesis Pharmaceuticals Inc. (Nasdaq: SNSS).

FEATURED
COMPANY

MUSCLE FLEX INCORPORATED (OTC: MFLI)
"Up 5.26% in morning trading"
Detailed
Quote: http://www.otcpicks.com/quotes/MFLI.php
Company
Profile: http://www.otcpicks.com/muscle-flex-inc.htm
Muscle Flex Inc. brings new products to market using direct response TV infomercials specializing in the health, fitness, wellness and hygiene sectors. As well, Muscle Flex Inc. develops and creates general television content for network and cable television distribution. Muscle Flex's corporate strategy is to develop new and innovative products for sale and distribution via its proprietary direct response marketing system and the creation of television media and shows for general network and cable broadcast.
MFLI
News:
February 12 - The Complete Package New Reality Show Unwraps Celebrity Line-up
Manny Streetz from “On Air with ” Joins the Cast
What do Sandra Bullock, Eva Longoria, Will Smith and Britney Spears have in common? They have all been interviewed by Manny Streetz, the top syndicated on-air radio personality, best recognized as “Manny on the Streets,” talking to 2 million listeners each morning on Los Angeles hit station KIIS fm. His outgoing radio persona is now crossing over to television where he will be the “Man amongst the ladies” on the new reality show, “The Complete Package,” recently announced by Danny Alex, CEO of Muscle Flex, Inc., and the creator/co-executive producer of the show. Manny’s participation in the ‘everything goes’ competition show has added to the heat, if not comic relief, where beating the odds of an intense situation are only part of winning the game. To learn more about Manny visit:
http://ryan.kiisfm.com/pages/manny.html?_show.
“The Complete Package,” as created by Danny Alex, CEO of Muscle Flex, Inc., along with partners TLK Fusion and Wesley Morris Entertainment are developing one of the most exciting and dynamic TV Reality Shows that merges Victoria’s Secret style and attitude with “The Apprentice” business savvy. An open casting call for the pilot episode will take place Saturday, February 27, at 8:00am at HD Vision Broadcast Center in Studio City, California. Contestants can register at www.thecompletepackagetv.com.
“Things might get totally wild outside the doors of The Complete Package judging studio,” states Danny Alex, “and Manny is one of those rare personalities that can find and bring out some of the most outrageous and unexpected moments when it comes to the contestant hopefuls.”
Manny Streetz commented, “I am looking forward to this… this is going to be a blast. I have done my fair share of exciting TV but this may be one of the highlights!”
Manny Streetz has established himself as a major player in this industry and his credits include the following:
1. On Air personality with his own show on 97.9 KISS-FM Jacksonville, FL.
2. On Air Correspondent for HOT HITS Live from Los Angeles with Australian Idol Host, Andrew G, broadcasting in over 80 stations in the country.
3. TV correspondent with TV Guide Channel and Channel 4's Your LA show.
4. Host for the Miss Universe Preliminary show at the Shrine in 2006.
Manny is an established Producer/Songwriter working with talent such as Frankie J, YaBoy, All Star Weekend, Aaron Carter, and currently Executive Producing Raven Symone's next album. Most recently, Walt Disney Films has asked Manny to be the main stage host for the Fan Fare event for the upcoming Alice in Wonderland movie, out March 5th in theaters.
The Complete Package Reality TV Show
Thousands of women in all shapes and sizes are expected to participate for a chance at winning the title. The winner will be selected on the following criteria: Beauty, Business Smarts, Fitness, Fashion Sense, Intellect, Sex Appeal, Confidence, Spirit and Heart. The judging line-up will feature Danny Alex with his fellow celebrity judges.
Danny Alex states: “Who is ‘The Complete Package’? This show will redefine what sexy is in America… and we are looking for all of it!”
“The Complete Package” is searching for the new face and image of Muscle Flex for one season. What will the winning contestant receive? The whole Hollywood experience! A contract representing Muscle Flex in advertising, red carpets and other public appearances, photo shoots, special promotions, corporate events as well as giving their smarts in the boardroom.
The 10-episode series will incorporate all of the drama, humor and the unexpected that comes when women compete. How does a beautiful woman get prepared for the opportunity of a lifetime? What decisions go into make-up, hair, wardrobe, and attitude to standout from the rest? What interaction takes place when they’re living with the competition? Who’s their friend and who’s their enemy?
This is a 24/7 competition never out of the eye of the camera. Special features in the show will include fashion couture on-a-budget, a swimsuit contest, perseverance, endurance, fitness, sales and business acumen, public appearances, and getting real in the ‘must see and hear’ Truth Booth. Each week one contestant will be eliminated until only one winner stands in the spotlight.
The audience will also get to follow Danny’s day-to-day business operations, the building of his brand and the interaction between his Muscle Flex staff and the contestants in a Beverly Hills, 90210 setting.
And that's just season one! Which contestant will demonstrate the best staying power? Stay tuned!
“The Complete Package” is co-executive produced by Bill Garnet and Jacque Lueth (both with Wesley Morris Entertainment, Inc., responsible for such shows as “Battle of the Network Stars,” “The Superstars”). Also joining the team as co-executive producers are Alex and his marketing partners, Ken Collis and Tracy Keyser of TLK Fusion Entertainment, Inc. (http://tlkfusion.com).
FEATURED
COMPANY

OPTIONS
MEDIA GROUP HOLDINGS INCORPORATED (OTCBB: OPMG)
Detailed
Quote: http://www.otcpicks.com/quotes/OPMG.php
Company
Profile: http://www.otcpicks.com/options-media-group/options-media-group.htm
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:
February 11 -
A New Audio Interview with Scott Frohman, CEO of Options Media Group, is now at SmallCapVoice.com
SmallCapVoice.com, Inc. announced that a new audio interview Options Media Group Holdings, Inc. (OTCBB: OPMG) is now available. The interview can be heard at http://smallcapvoice.com/blog/2-10-10-audio-interview-with-options-media-group-holdings-inc-otcbb-opmg.
February 10 -
Emerging Growth Research, LLC Issues Research Briefing on Options Media Group Holdings, Inc.
Service Offering Featured on "Early Show" Television Program
Options Media Group Holdings, Inc. (OTCBB: OPMG), a leading provider of innovative revenue producing social media tools, permission based email, SMS/text messaging and mobile marketing, announced the availability of social media and microblogging services through its SMS Mobile platform. The launch of these services represents a significant growth opportunity for Options Media Group through the entry into the burgeoning application and premium billing market place.
The first service to be offered via this platform will be an innovative application called "Text to Prayer," which is a fee-based subscription service that allows users access to daily Christian prayers via text message. The messages will be provided by well known Priests, Evangelists, and renowned religious figures.
"The launch of services into the revenue producing segment of the social media market is a game changer for Options Media Group as we believe the profit potential is very significant. While social media applications are very popular, there is currently very little money being made within the space. We have designed a set of products that provides an innovative link between social media and SMS-messaging," commented Scott Frohman, CEO of Options Media Group.
"Our service platform provides features, functions and benefits that are well beyond the capabilities of Twitter, Facebook, or the other free social media sites. Our service allows for a much more personal experience by allowing direct communications to fans/followers via a more easily obtained mobile SMS-text format. In addition to the religious-oriented markets which are driving near term demand, Options Media Group plans to target similar niche markets and plans to partner with professional athletes, celebrities, and musicians to create new mobile marketing campaigns in order to bring innovate SMS-based social media tools to a market that is currently underserved. We are very excited to be entering this significantly sized market place."
Mr. Scott Frohman is scheduled to appear on "The Early Show" viewed locally on WSFL-TV. Mr. Frohman will be discussing Option Media Group's mobile marketing operations and the introduction of the "Text to Prayer" application. For more information, visit www.texttoprayer.com.
FEATURED
COMPANY

BIOMAGNETICS DIAGNOSTICS CORPORATION (OTC: BMGP)
"Up 9.09% in morning trading"
Detailed
Quote: http://www.otcpicks.com/quotes/BMGP.php
Company
Profile: http://www.otcpicks.com/biomagnetics-diagnostics/biomagnetics-diagnostics.htm
Biomagnetics Diagnostics Corporation is an advanced medical device and biotechnology company. The Company's revolutionary diagnostic systems, which are based on advanced magnetics, test for any viral or bacterial disease using any body fluid. The Company's technology allows laboratories to perform far more tests in the same amount of time it takes to do a single test. The HTS-MTP platform is designed to detect the actual virus and viral load in body fluids and not just simply screen for the presence of viral antibodies.
BMGP
News:
February 10 -
Biomagnetics to Accelerate Availability of the World's First Integrated Optical Biosensor for Malaria, Cholera, TB and HIV/AIDS Diagnosis
Biomagnetics Diagnostics Corp. (OTC: BMGP), a developer of revolutionary diagnostic systems and technology for malaria, HIV/AIDS, hepatitis, tuberculosis and detection, announced today the implementation of a program to accelerate the availability of the world's first Integrated Optical BioSensor (IOBS) platform. The Company is currently reviewing research and manufacturing partnerships to develop simple to replicate bench top versions of the IOBS platform on which single pathogen or multiple pathogen testing assay cartridges can be developed. This strategy is expected to significantly accelerate the availability of this life and cost saving technology.
The Company’s initial strategy was to fully produce the handheld version of the IOBS platform and to then use that platform to develop all of the many different types of pathogen testing assay cartridges. By taking a slightly different direction and developing desktop versions of the IOBS platform, which can be produced more quickly, the Company will be able to develop the single test assay cartridges for malaria, cholera, human tuberculosis, bovine tuberculosis and HIV/AIDS in parallel to the production of the handheld units. This approach will significantly reduce time-to-market and make this important technology available to the world much sooner and will allow the corporation to accelerate its revenue growth rate.
“It is important for us to accelerate assay test cartridge development as we are currently scheduling our malaria clinical trial with one of the most prestigious malaria research institutions in India with additional trials being organized in Kenya and Mexico,” commented Clayton Hardman, CEO of Biomagnetics Diagnostics Corp. “We are very anxious to begin demonstrating this technology in real world settings as we believe we will be able to lower the cost of malaria, tuberculosis, cholera and HIV/AIDS testing to unprecedented levels while at the same time reducing the time it takes to receive results from days or hours to a matter of a few minutes. While we believe the production of this device will yield significant returns for our shareholders, and this is clearly an important priority, we have never lost sight of the fact that there are tens of thousands of lives we may be able to save through our important endeavors in this area.”
FEATURED
COMPANY

HEADSUP ENTERTAINMENT INTERNATIONAL (OTC: HDUP)
"Up 4.55% in morning trading"
Detailed
Quote: http://www.otcpicks.com/quotes/HDUP.php
Company
Profile: http://www.otcpicks.com/headsup-entertainment.htm
HeadsUp Entertainment International Inc. is a global media and entertainment company engaged in the creation of branded entertainment through the development, production and marketing of televised programming based on poker and other entertainment themes. For more information see the Company's websites www.headsupentertainment.com and www.canadianpokertour.tv.
HDUP News:
February 9 -
HeadsUp Entertainment Provides Corporate Overview and Update
HeadsUp Entertainment International Inc. (OTC: HDUP) recently provided a corporate update for its shareholders and other interested parties. Having just completed its year end as of January 31, the Company is currently preparing its quarterly and year end financial statements which will be posted on www.pinksheets.com. In addition, the Company is continuing the process to upgrade its listing status to fully reporting.
2009 was witness to continued growth in all revenue generating sectors of the company. Since the acquisition of the Canadian Poker Tour brand, HeadsUp has been able to grow the number of events by over 800% as it looks to sanction and host close to 600 poker tournaments in 2010. As a means to monetize the player base and create new revenue streams, the launch of the CPT Players Membership program has been extremely successful. The launch in Alberta early in the year targeted its extensive casino partner relationships and provided a baseline for strategic planning of the nationwide marketing campaign currently being implemented. The $95 membership has been designed to give players tremendous value and incentive to play not only in their local communities but as witnesses in 2009, many players are using sponsorship incentives for discounts on travelling across the country to other events. As an example of value, a player can save over $750 this year alone by playing at Grey Eagle Casino in Calgary and receiving registration fees discounts. The Company is working diligently to create this type of value at all of its 38 affiliated casinos and poker rooms across the country.
Proprietary events, which are tournaments that have been created and are run by the Company at various venues across the country, look to continue to accelerate revenue generation in the upcoming year. The Canadian Open Poker Championship is the Company's flagship tournament and negotiations are underway to host this year's event either in B.C. or Ontario in order to capitalize on the larger player and population base as well as more favorable regulatory conditions for television broadcasting of the events. The Company estimates that this event will double in size this year and being the leading revenue generator from events fees and television sponsorship. HeadsUp broadcasts all of its events currently on The Score Television Network, its exclusive media partner. As a supplementary method to re-monetize its investments in television production, the Company recently announced the launch of its own online poker television network. The Canadian Poker Player Television Network (CPP TV) will being streaming is beta test on March 5th, 2010 and has secured an advertising and sponsorship deal with 888 Poker with other sponsorship deals currently being negotiated.
CPP TV will be a sister media delivery content partner along with its publication Canadian Poker Player Magazine. The first 3 issues were published in 2009 and come out every second month with 6 issues slated for 2010. Ongoing advertisers in the magazine include Full Tilt Poker, Cake Poker, 888 Poker, PKR, Ace's Wine Group, Ksino Clothing, The Score Television Network, Victory Poker and Party Poker as well as a number of land based casinos promoting their respective upcoming events. The magazine is distributed at no charge through poker rooms across the country but as CPT Membership sales increase, the distribution model is shifting to more of a subscriber base with plans to launch both a casino and subscriber version. The magazine has been profitable since its last issue and new advertisers are adding to the profitability of this business unit.
Poker tourism is an area that is growing quickly for HeadsUp. With its strategic marketing alliance with the World Poker Showdown, marketing poker vacation destination packages to Canadian players is a growing market. Events in Costa Rica , the Dominican Republic and Las Vegas have been profit centers and pre-registration for the upcoming Poker Super Cruise April 25-May 2 looks to be very strong. Details on this event can be found at www.canadianpokertour.tv and www.worldpokershowdown.com. HeadsUp has announced previously that it has signed a letter of intent to acquire the World Poker showdown as a wholly owned subsidiary and the due diligence period is currently underway. This acquisition along with others is a strategy the company is implementing to fully realize the potential of offering sponsors and players a comprehensive model that maximizes revenue potential in order to increase shareholder value.
"I am very encouraged about the potential for our Company as we continue to meet and exceed benchmarks set within our business plan," commented Company President Kelly B Kellner. "With many of the players repositioning themselves in the international poker marketplace, our comprehensive marketing and media model positions us to generate substantial revenues going forward or make us an attractive acquisition candidate."
FEATURED
COMPANY

FORMCAP CORPORATION (OTC: FRMC)
Detailed
Quote: http://www.otcpicks.com/quotes/FRMC.php
Company
Profile: http://www.otcpicks.com/formcap-corp.htm
FormCap is a reporting issuer with the shares traded on the “Pink Sheets”. FormCap holds 100% Working Interest (80% Net Revenue Interest) in the 4,900 acre Weber City Prospect located in Curry County, New Mexico. Formcap’s mandate is to seek out highly prospective oil and gas properties for acquisition, exploration and development.
FRMC
News:
February 8 -
FORMCAP Increases Land Position in New Mexico
Acquisition increases land position in prolific Permian Basin by 20%
FormCap Corp. (OTC: FRMC) announced that it has increased its acreage position in the Permian Basin by approximately 1,000 gross acres to 5,800 acres of oil & gas leases, all with primary terms of five (5) years. These 5,800 gross acre leases comprise the Weber City Prospect located in Curry County, New Mexico, which lies on the eastern most side of New Mexico bordering the State of Texas. These new leases are part of an on-going acquisition plan currently under way in New Mexico.
The Weber City Prospect is strategically positioned in the Permian Basin, a prolific area that has produced over 35 billion barrels of oil and 100 trillion cubic feet of gas, and is host to over 20 percent of all domestic oil and gas produced in the US. Recent M&A activity in the Permian Basin highlights the growing importance of this historically prolific, domestic source of energy. The Permian Basin’s development history and stable, long-life production is one of the main reasons FormCap has secured the Weber City Prospect acreage. FormCap plans to drill an initial 7,000 foot well to test four potentially productive hydrocarbon zones; the San Andres, Clearfork, Wolfcamp and Cisco formations. Over 100 wells (based on 40 acre spacing) could be drilled on the Prospect and it is estimated that these leases could contain over 220 million barrels of oil in a successful case.
“As part of our long-term strategy, FormCap is continuing to secure additional acreage in the Weber City Prospect area. We are also actively pursuing and evaluating other potential acquisitions for the Company” stated Graham Douglas, FormCap’s President & CEO.
STOCKS
TO WATCH
PRIMEGEN ENERGY CORPORATION (OTC: PGNE)
"Up 67.22% in morning trading"
Detailed
Quote: http://www.otcpicks.com/quotes/PGNE.php
PrimeGen Energy Corp. is an oil and gas exploration company whose primary focus is exploring and developing high potential unconventional resource plays. The Company's strategy and development assets are focused on a prolific and historic oil and natural gas resource play in Krasnoarmeiskome District, Saratovskoi Oblast in Russia. The Company is headquartered in Bridgewater, NJ and has offices in Moscow, Russia. PrimeGen Energy plans to use its comparative advantages in certain geographic regions to expand rapidly through strategic acquisitions of small oil and gas producing entities and production assets including wells, properties, operating equipment, and pipelines.
PGNE
News:
January 6 - PrimeGen Energy Strikes Oil in Rodnikovskogo Field With Initial Production Averaging 2,880 Barrels per Day
PrimeGen Energy Corp. (OTC: PGNE) ("PrimeGen" or the "Company") announces the initial production for the Rod 10-22, the second well at the Company's Rodnikovskogo, Russia, property. The well commenced commercial oil production on December 16, 2009, and the Company has received production results for the first 21 days. Total oil produced and sold was 60,480 barrels with an average daily production rate of 2,880 barrels per day.
The Rod 10-22 well is the second of a multi-well program drilled at Krasnoarmeiskome District, Saratovskoi Oblast in Russia by PrimeGen. The 2010 development program calls for the drilling of a minimum of 42 wells to develop the field. When fully developed, the 42 wells could yield a daily production rate at Rodnikovskogo of 110,000 barrels per day.
Using current pricing for Rodnikovskogo crude oil, PrimeGen has confirmed that the new well alone has generated $4.3 million in revenue or a projected $75.5 million per year. Currently, oil at Rodnikovskogo has been priced at over $72.00 per barrel.
The property is located in the Krasnoarmeiskome District, Saratovskoi Oblast in Russia, one of the most significant oil and gas regions in the country with advanced infrastructure and more than 60 years of oil and gas production history. Saratov lies in the European part of Russia and borders Kazakhstan, the largest oil producing country in Central Asia. The property covers an expansive area of approximately 250 sq. km.
Continuing 3D seismic data collection and analysis of the property is scheduled for 2010 and will be running concurrently with the drilling program. Several additional high potential drill targets have already been identified and will be further defined and evaluated for feasibility during the next phase of work on the property. The license is within a highly prospective region with existing oil production on adjacent licenses and the super-giant THK-BP gas field.
DONINI INCORPORATED (OTC: DNNC)
"Up 28.57% in morning trading"
Detailed
Quote: http://www.otcpicks.com/quotes/DNNC.php
Donini, Inc., a New Jersey Corporation, was established in 2001 when the company acquired control by way of a reverse merger of Pizza Donini, a Canadian company that has been operating and licensing Italian style restaurants specializing in pizza and related products within the Greater Montreal Area in the province of Quebec for over 20 years. The Company has recently completed a consolidation of its operations by establishing two Canadian Subsidiaries, Donini Group Inc. and Pizzacorp DTC Franchises Inc., whose purposes are, respectively, to hold and control the intellectual property of the Company and to license the trademarks and oversee the licensed franchisees of the marks. The Company plans to expand its operations into the United States and the rest of Canada.
DNNC News:
February 1 -
Donini Inc. to Expand Through Acquisition
Peter Deros, President of Donini, Inc. (OTC: DNNC) announced that the Company continues to refine its plans for expansion and will be reviewing the acquisition options as well as growing the current business in the United States in the next month. Mr. Deros explained that Donini will be concentrating only on its core business of the food industry.
Mr. Deros stated, "I believe that the best opportunities for growing the Company is through acquiring businesses that have a symbiotic relationship with the pizza and food service business to maximize revenue and profits. By adding businesses that are part of the industry, the Company will be able to gain economies of scale in the operations and offer additional items to its customers." He concluded by stating that Donini has identified several candidates and expects to enter into an agreement this quarter.
The Company's current business plans are being finalized for the receipt of the first tranche of funding which will be devoted to the planned upgrade of existing facilities.
PAPERFREE MEDICAL SOLUTIONS INCORPORATED (OTC: PFMS)
"Up 22.22% in morning trading"
Detailed
Quote: http://www.otcpicks.com/quotes/PFMS.php
PaperFree Medical Solutions, Inc., through its subsidiaries, provides paper-free turnkey medical solutions for small to large multi-physician, and multi-specialty offices. It offers billing services under LEAPprn trade name. The company provides direct and managed services through a combination of direct and on-site implementation; and software services through broadband connectivity that helps in performing various data entry solutions. It also offers teeth whitening services. PaperFree Medical Solutions serves sole practitioners, doctors, and other health care providers in the Midwest. The company was founded in 2002 and is based in Kokomo, Indiana.
PFMS
News:
December 18 -
Michael J. Gelmon Resigns as Director and Officer of the Corporation
PaperFree Medical Solutions, Inc. (OTC: PFMS), a Nevada corporation (the "Corporation"), accepted the resignation of Michael J. Gelmon. Effective Dec. 17, 2009, he will no longer serve as director and officer of the Corporation.
The resignation was not motivated by a disagreement with the Registrant on any matter relating to the Registrant's operations, policies or practices.
SIGNATURE DEVICES INCORPORATED (OTC: SDVI)
"Up 15.79% in morning trading"
Detailed
Quote: http://www.otcpicks.com/quotes/SDVI.php
Signature Devices, Inc. engages in the development, manufacture, and sale of information technology products in the United States. The company creates, develops, and publishes 3-D interactive games for consoles and personal computers. It also publishes software for video games and commercial products. The company publishes games for consoles, such as GBA, XBox360, and Playstation. In addition, the company provides consulting for information technology, including computer systems, software, and electronic products. It offers a platform for hardware, embedded systems development, and image generation technology, which can be used in films, videogames, and the military. Further, the company develops customized 3D identities, including lighting, shading, artificial intelligence, and animation systems. Signature Devices was founded in 2002 and is headquartered in Redwood City, California.
SDVI News:
February 12 -
Signature Devices Provides Q4 and Full Year 2009 Unaudited Financials
Signature Devices, Inc. (OTC: SDVI) and its subsidiary Graffiti Entertainment, Inc. are today providing Q4 and Full Year Unaudited Financials and an update to its current business efforts.
Signature Devices, Inc. has posted unaudited financial statements for the 4th Quarter and Full Year of 2009. The statements are available at www.signaturedevices.com/content/view/64/112.
Currently, the company has released 6 games across 10 SKUS that include Bilingual (English and French) and Trilingual (English, French, Spanish) in 2009. Several of the titles were pushed back to 1st Quarter 2010 and should be releasing soon. The company has also signed on for the Pinksheets.com news service and will be posting all financials through the service.
"We wanted to give our investors an update on our financials through Q4 2009 and an update for Q1 2010," stated Kenneth Hurley, CEO of Signature Devices, Inc. and Graffiti Entertainment, Inc. "We continue to grow our business each quarter and reached gross revenues for 2009 of a little over 1.5 million and net revenues of about 270k. These figures are based on unaudited financials and exclude stock based compensation and stock based expenses. We have a great lineup for 2010 that should allow us to continue to grow our revenues on a quarterly basis. We also are growing our business in other areas. We are deep in negotiations for several acquisitions using 'leveraged buyouts' and should have some very big announcements in the coming months."
The unaudited financials for 2009 are a step in the process for the full two year audits that are necessary to uplist to the OTCBB or another reporting exchange.
SAN WEST INCORPORATED (OTCBB: SNWT)
"Up 5.50% in morning trading"
Detailed
Quote: http://www.otcpicks.com/quotes/SNWT.php
San West designs, manufacturers, sells and repairs off-road buggies, and additionally provides aftermarket performance products and accessories for off-road buggies; products are sold via three divisions: at retail store locations; via the online store and; through its growing dealer network. Buggy repair services are sold and fulfilled at the Santee California retail location.
SNWT
News:
February 12 - San West Inc. Releases Significant Milestones for 2009 and 2010 Outlook
Nearly $450,000 in Online Revenue Expected for Spring/Summer Season
San West Inc. (OTCBB: SNWT), an emerging leader in the design, manufacturing, sales and repair of off-road buggies, announced unaudited online sales of approximately $351,000 since the inception of its partnership with online retailer CountyImports.com on 7/15/09.
This figure includes the $175,000 in online sales announced on 12/23/09 and does not reflect any transactions logged in 2010. It also does not include brick & mortar sales at the Buggy World retail center, which are on track to meet or exceed management's previous 2010 revenue guidance of between $6,000,000 and $8,000,000.
Preliminary year-to-date 2010 sales data exhibits growth of nearly 35% over CountyImports.com record 2008, in which the business generated more than $3,200,000.
Final sales data for this period will be reported in San West Inc.'s Spring sales update, which will encompass online revenues generated between January and April 2010. Management anticipates this figure to amount to approximately $450,000.
Strategic Update on CountyImports.com
Since its inception approximately 43 months ago, the e-commerce platform has logged unaudited revenues of approximately $6,733,687 on sales of 8,960 units. This equates to an average sales transaction of approximately $751.53. CountyImports.com is also a very efficient sales/marketing machine, with every advertising $0.75 attracting $10 in sales.
"We hold our partnership with CountyImports.com in the highest regard and it has exceeded our quite lofty original expectations by every conceivable metric since its inception during the Summer of 2009. San West continues to experience substantial growth in online sales and we are very excited about what the Spring and Summer seasons hold for our business as participation in off-road recreational sports ramps up," commented Frank Drechsler, San West Inc. Chief Executive Officer.
SUNESIS PHARMACEUTICALS INCORPORATED (NASDAQ: SNSS)
"Up 24.18% in morning trading"
Detailed
Quote: http://www.otcpicks.com/quotes/SNSS.php
Sunesis is a biopharmaceutical company focused on the development and commercialization of new oncology therapeutics for the treatment of solid and hematologic cancers. Sunesis has built a highly experienced cancer drug development organization committed to advancing its lead product candidate, voreloxin, in multiple indications to improve the lives of people with cancer.
SNSS
News:
February 8 - Sunesis Grants Carmot Therapeutics License to Its Drug Discovery Technology
Sunesis Pharmaceuticals, Inc. (Nasdaq: SNSS) announced that it has granted Carmot Therapeutics, Inc., a privately-held biotechnology company, an exclusive license to its proprietary Fragment-Based Lead Discovery (FBLD) technology. Carmot will use the FBLD technology, called "Chemotype Evolution," for identifying promising drug candidates in a broad range of therapeutic areas, including inflammatory, metabolic, and neurodegenerative diseases. Sunesis retains full rights to the technology for use in its future internal discovery efforts. Terms of the agreement were not disclosed.
"This agreement reflects our strategy to leverage the value of our non-core assets while focusing our resources on advancing voreloxin into a pivotal Phase 3 trial in acute myeloid leukemia later this year," stated Eric Bjerkholt, Senior Vice President, Corporate Development & Finance of Sunesis. "The FBLD discovery technology has the potential to generate compounds which may not be identified through traditional means of drug discovery. We are pleased that we can capitalize on Carmot's use of the technology to advance its research activities while at the same time retain full rights to use the platform technology for our own internal research applications."
"We believe that Chemotype Evolution has the potential to transform drug discovery and accelerate our efforts to identify novel drug candidates for challenging disease targets," stated Stig Hansen, Ph.D. and Daniel Erlanson, Ph.D., co-founders of Carmot. Carmot has recently received grants from the National Science Foundation and the Michael J. Fox Foundation for Parkinson's Research.
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