GYGC, CPRK, NXPC, GNAU, BSRC
BTRX, QMNM, CPBR, SWVC, LMRA, WNEA, MEXP, TPCS
Our Stocks to Watch today include Guyana Gold Corp. (OTC: GYGC), Copper King Mining Corp. (OTC: CPRK), NeXplore Corp. (OTC: NXPC), General Automotive Co. (OTCBB: GNAU), BioSolar Inc. (OTCBB: BSRC), Barrier Therapeutics Inc. (NASDAQ: BTRX), Quest Minerals & Mining Corp. (OTCBB: QMNM), ClearPoint Business Resources Inc. (NASDAQ: CPBR), Seaway Valley Capital Corp. (OTCBB: SWVC), Lumera Corp. (NASDAQ: LMRA), Wind Energy America Inc. (OTCBB: WNEA), Marine Exploration Inc. (OTC: MEXP) and TechPrecision Corp. (OTCBB: TPCS).

FEATURED
COMPANY

GUYANA GOLD CORPORATION (OTC: GYGC)
Detailed
Quote: http://www.otcpicks.com/quotes/GYGC.php
Company
Profile: http://www.otcpicks.com/guyana-gold/guyana-gold.htm
Guyana Gold Corporation is a junior mineral exploration company that specializes in identifying, acquiring and developing precious and base metal properties as well as assessing whether certain claims possess exploitable commercial and precious mineral reserves. The Company's objective is to develop a balanced global portfolio of early-to-advanced stage projects. Guyana is currently focused on gold projects in the Caribbean. The Company's key mineral project is located in the region of Port Kaituma, in which the Company holds a 50% interest as part of its joint venture with Octagon Mining Corp. The main interests along the Guyana Shield are gold, diamond and bauxite and, recently, semi-precious stones.
GYGC
News:
June 23 - Guyana Gold Corp. in the Heart of a Gold-Mining Boom in Guyana
Guyana Gold Corp. (OTC: GYGC) is an aggressive junior gold exploration company developing exploration opportunities in geographic areas with a proven history of geological discovery in Guyana, South America. Recent significant gold discoveries by Guyana Goldfields Inc., Strata Gold Corp. and Sacre-Coeur Minerals Ltd. — along with a major exploration presence in the country by Newmont Mining — have placed Guyana to the forefront of the gold exploration sector.
The country is in the heart of a prolific gold region called the Guiana Shield — also encompassing parts of Venezuela, Suriname and French Guiana. Geologically, this is believed to be the broken-off extension of the West African Shield hosting the Birimian gold belt in Ghana where at least 100 million ounces of gold has been identified to date.
Guyana Gold Corp has a joint venture with Octagon Mining Corp. which is comprised of 6 blocks, with each block consisting of 1,200 acres and 44 claims, for a total of 7,200 acres and 264 claims. These claims are located in the Port Kaituma Region in Guyana. Guyana Gold Corp. plans to have production on its key property increased over the next 60 days, and has announced it has made application for additional land claims to further enhance the company's exploration programs.
For more information on the GYGC and its properties, visit the company's website at www.guyanagoldcorp.com.
FEATURED
COMPANY

COPPER KING MINING (OTC: CPRK)
Detailed
Quote: http://www.otcpicks.com/quotes/CPRK.php
Company
Profile:
http://www.otcpicks.com/copper-king-mining/copper-king-mining.htm
Copper King Mining Corporation currently owns approximately 1200 acres in the Drum Mountains of Utah, which are patent deeded mining claims which contain gold, silver and copper. The company recently added to its holdings by filing six more claims on land which was inside their holdings, but not patent deeded. Contiguous to that acreage is approximately 1100 acres of claims filed by Western Utah Copper Company. As the companies explored the concept of a joint venture on the Drum Mountain properties, it was decided that a very viable consideration was to join the total assets of both companies.
CPRK News:
June 19 -
Copper King Mining Corporation Announces Receipt of Beaver County Inducement Resolution for Long-Term Bond Financing
Copper King Mining Corporation (OTC: CPRK), an ore mining, processing, and exploration company located in Milford, Southern Utah, announced that it has obtained, through its wholly owned subsidiary, Western Utah Copper Company (WUCC), an inducement resolution from Beaver County, Utah, to issue taxable Industrial Revenue Bonds totaling $100,000,000.
The Beaver County inducement states in part:
The Bonds issued by the County under the provisions of this Resolution shall not constitute nor give rise to a general obligation, debt or liability of the County, or a charge against its general credit or taxing powers. Nothing contained in this Resolution or in any other instrument shall be considered as indebtedness of the County or as obligating the County to any pecuniary liability or a charge against or upon the general credit of the County or against its taxing powers. Such limitations shall be plainly stated and printed upon the face of said Bonds.
The bonds will be purchased by OCS Capital Group LLC’s investment banking house. Copper King received a firm letter of commitment in advance for the purchase of these bonds. The commitment states in part:
The foundation is a qualified sophisticated institutional investor as defined by SEC rule 144(a) and is not relying on, or intending to remarket the bonds.
The foundation will purchase the entire issue of the taxable Bonds in an aggregate principal amount not to exceed $100,000,000.
OCS, an OCS American Limited Liability Company, is an international bond-law consulting firm with offices in Pennsylvania, Washington DC, and Albuquerque NM. It is also a consultant on government relations and government affairs. It provides technical and professional services to local, municipal, state and federal government agencies in the United States and South America.
OCS past projects have ranged from $25 Million, up to $8.3 Billion and vary from mining to commercial developments in cities and towns. Additional information will be released as approved by the lender.
FEATURED
COMPANY

NEXPLORE CORPORATION (OTC: NXPC)
Detailed
Quote: http://www.otcpicks.com/quotes/NXPC.php
Company
Profile: http://www.otcpicks.com/nexplore/nexplore.htm
NeXplore Technologies is developing a Web 2.0 search engine and an assortment of social networking portals and tools that will enable users to personalize their Web experience and tailor it to their unique needs, interests, and online pursuits. The Company’s social computing platform, MyCircle.com, offers an enhanced, user-friendly graphical interface search engine, combined with innovative backend technology, which enables users to improve the way they connect with information and other people on the Worldwide Web. MyCircle’s Web 2.0 interface provides users with an online tool for sharing their Blogs, Voice-Over IP, photos and documents, podcasts and videocasts, classified advertising, instant messages, SMS text messages, Chat and personal profiles.
NXPC
News:
June 20 - NeXplore Featured on WallSt.net's News Magazine on Sunday
WallSt.net’s News Magazine, a half-hour television program that airs on Sundays at 5:30 p.m. EDT on the Fox Business Network, features compelling interviews with public company CEOs, informative trading strategies from investment professionals, and the latest headlines from public companies from around the world.
Among the companies scheduled to be profiled this weekend are NeXplore Corp. (OTC: NXPC), a company that improves the online experience by providing Web tools and destinations that empower people to drive and define a World Wide Web perfectly suited for their unique needs, interests and online pursuits.
FEATURED
COMPANY

GENERAL AUTOMOTIVE COMPANY (OTCBB: GNAU)
Detailed
Quote: http://www.otcpicks.com/quotes/GNAU.php
Company
Profile:
http://www.otcpicks.com/general-automotive/general-automotive-2.htm
General Automotive Company ("GAC") is a provider of original equipment and aftermarket automotive parts, mobile electronics, and related automotive products at multiple levels of distribution throughout the United States and internationally. Through its two wholly owned subsidiaries, Global Parts Direct and OE Source, the company focuses its efforts on utilizing its relationships with manufacturers in China, Korea and Japan to bring state-of-the-art automotive parts, accessories and products to automobile manufacturers and major parts distributors in the U.S. For more information on GAC and its products, visit www.generalautomotive.com.
GNAU
News:
June 10 - General Automotive Expands Board of Directors
Managing Partner of Charter Oak International and Former Top Saab Executive Join Board
General Automotive Company (OTCBB: GNAU), a provider of original equipment and aftermarket automotive parts, mobile electronics and related products, announced that Anthony J. Dowd and Kenneth F. Adams have joined its Board of Directors.
Anthony Dowd is the Managing Partner of the private equity partnership, Charter Oak International Partners, as well as a General Partner of Charter Oak Partners, a 32-year-old equity hedge fund. During his 16 years at Charter Oak, Dowd has directed and led the partnerships’ acquisition of, or investment in, privately held businesses. Since founding Charter Oak’s private equity business, Dowd and his team have completed more than 45 acquisitions.
Kenneth Adams, who will serve as Chairman of GA’s Audit Committee, was Vice President and Chief Financial Officer of Saab Cars USA, Inc., a subsidiary of General Motors Corporation and a wholesale distributor of Saab cars, parts and accessories with annual sales of more than $1 billion, for 13 years. He also served on the company’s Board of Directors from 1992 until his retirement in 2005. Adams joined Saab in 1974 as Treasurer and held roles of increasing responsibility over his 31 years with the company. In addition to being responsible for all its financial activities, controls and reporting as CFO, he was a member of the executive team, operations team and chairman of the pension committee.
“Tony and Ken’s vast experience in corporate finance and their business insights will be extremely valuable to General Automotive as we pursue our strategy of growth by acquisition,” commented President and CEO Joseph DeFrancisci. “It is an honor to have people of their stature join our team and help us further GA’s growth and success as we expand our portfolio of operating companies.”
Prior to joining Charter Oak Partners, Dowd was a Senior Associate with James D. Wolfensohn, Inc., a New York-based investment banking firm that advised large domestic and international corporations on mergers and acquisitions. He graduated with distinction from the U.S. Military Academy at West Point with a B.S. Degree in Engineering and earned an M.B.A. from the Wharton School of the University of Pennsylvania. Dowd currently serves on the Board of Directors of several privately held businesses.
Prior to joining Saab in 1974, Adams was an audit manager with Price Waterhouse for six years. A CPA, he received a BS in Finance from Mount Saint Mary’s University. He previously served as a Director and Chairman of the Audit Committee for Telzuit Medical Technologies, Inc.
The election of Dowd and Adams brings the total number of General Automotive directors to five.
FEATURED
COMPANY

BIOSOLAR INCORPORATED (OTC: BSRC)
Detailed
Quote: http://www.otcpicks.com/quotes/BSRC.php
Company
Profile: http://www.otcpicks.com/biosolar/biosolar-2.htm
BioSolar, Inc. engages in the research and development of bioplastic materials from renewable plant sources for use in photovoltaic solar cells. The company develops bio-based plastics components that meet the thermal and durability requirements of solar cell manufacturing processes for conventional crystalline cell designs, as well as thin film photovoltaic devices in an effort to capitalize on cost advantages to current petroleum based solar cell components. Its bioplastic materials can be also used directly in conventional manufacturing systems, such as injection molding and thin-film roll-to-roll, to create superstrate layer, substrate layer, and backsheet, as well as module and panel components. The company was founded in April 2006. It was formerly known as BioSolar Labs, Inc. and changed its name to BioSolar, Inc. in June 2006. BioSolar, Inc. is headquartered in Santa Clarita, California.
BSRC
News:
June 16 - BioSolar Set for Full Scale Production of Flagship BioBacksheet with Selection of Rowland Technologies
BioSolar, Inc. (OTCBB: BSRC), developer of a breakthrough technology to produce bio-based materials from renewable plant sources that reduce the cost of photovoltaic solar cells, today announced it has selected Connecticut-based Rowland Technologies, Inc., a leading manufacturer of plastic film and sheet, as its manufacturing partner for full-scale production of the company's flagship BioBacksheet™ solar cell component.
"After an exhaustive selection process it was evident that Rowland Technologies was uniquely positioned to meet our requirements," said Dr. David Lee, BioSolar's CEO. "Specifically, Rowland Technologies' expertise in sophisticated extrusion manufacturing and their highly-regarded custom manufacturing capabilities, coupled with our shared commitment to being both environmentally aware and yet economically feasible, allowed us to achieve the common goal of delivering the highest quality product to our customers."
Dr. Stan Levy, BioSolar's chief technology officer, who spearheaded the selection process, noted that "Rowland Technologies' high-performance products are recognized throughout the industry for their consistency and reliability. In addition to their own film products which include RowTec(R) polycarbonate film, SolaTuf(R) impact modified acrylic film, ROWLAR(TM) photovoltaic glazing film, and Rowlux(R) illusion film, Rowland Technologies makes available their highly experienced Research & Development team for custom extrusion projects. This team, working with their state of the art equipment, makes Rowland a prudent choice for the manufacture of BioSolar's BioBacksheet product."
Commenting further on the company's growth from an early development stage company to a manufacturing company, Dr. Lee said, "I want to emphasize the challenging and time consuming nature of transitioning into manufacturing. We are implementing our internal quality control and measurement standards, developing the logistics for shipping and handling product and building up our marketing and sales infrastructure. This has been an exciting and sometimes exhausting endeavor, but with quality partners like Rowland Technologies, I firmly believe we are on track to achieve commercial success."
In a related development that emphasizes the high level of industry interest in the groundbreaking nature of the BioBacksheet product, the company also notes that Dr. Levy is to deliver a key oral presentation at the SPIE Symposium on Solar Applications and Energy in August of this year. This forum will allow Dr. Levy to discuss in detail the various scientific breakthroughs underlying the company's BioBacksheet™ product.
SPIE Optics+Photonics is the largest optical sciences and technology meeting in North America. The Solar Energy + Applications track of the conference is dedicated to finding ways to move toward secure, affordable, and environmentally sustainable energy to meet the world's accelerating energy needs.
ABOUT ROWLAND TECHNOLOGIES, INC.
Rowland Technologies, Inc., located in Wallingford, CT, is a specialty extruder of high quality film and sheet. Rowland provides leading-edge solutions for a wide range of applications worldwide, including the photovoltaic and solar cell industry. As a premier supplier and contract manufacturer, Rowlands' products deliver the clarity, consistency and reliability demanded by today's exacting standards. To learn more about Rowland Technologies, visit the company's Web site at www.rowtec.com.
STOCKS
TO WATCH
BARRIER THERAPEUTICS INCORPORATED (NASDAQ: BTRX)
"Up128.98% in morning trading"
Detailed
Quote: http://www.otcpicks.com/quotes/BTRX.php
Barrier Therapeutics is a pharmaceutical company focused on the development and commercialization of products in the field of dermatology. Barrier Therapeutics currently markets three pharmaceutical products in the United States: Xolegel® (ketoconazole, USP) Gel, 2%, for seborrheic dermatitis; Vusion® (0.25% miconazole nitrate, 15% zinc oxide, 81.35% white petrolatum) Ointment, for diaper dermatitis complicated by documented candidiasis; and Solage® (mequinol 2.0%, tretinoin 0.01%) Topical Solution, for solar lentigines. Barrier Therapeutics has other product candidates in various stages of clinical development for the treatment of a range of dermatological conditions, including onychomycosis, psoriasis, acne, skin allergies, and acute fungal infections. The company is headquartered in Princeton, New Jersey and has a wholly-owned subsidiary in Geel, Belgium. More information about Barrier Therapeutics can be found on the company's Web site at www.barriertherapeutics.com.
BTRX News:
June 23 -
Barrier Therapeutics to Merge Into Stiefel Laboratories
Stiefel Laboratories Inc., the world's largest independent pharmaceutical company specializing in dermatology, announced it has signed a definitive merger agreement, pursuant to which Stiefel Laboratories will acquire Barrier Therapeutics, Inc. ("Barrier Therapeutics") (NASDAQ: BTRX), through a two-step transaction, a tender offer followed by a merger of Barrier Therapeutics into a wholly-owned subsidiary of Stiefel Laboratories, at a price of $4.15 in cash, per share of Barrier Therapeutics' common stock. The transaction, valued at approximately $148 million, is subject to the valid tender of a majority of Barrier Therapeutics' fully diluted common stock, regulatory approvals and other customary conditions, but is not subject to any financing conditions. The price of $4.15 per share of Barrier Therapeutics' common stock represents a premium of approximately 73% to Barrier Therapeutics' average closing price for the past 30 days. The parties expect the transaction to close by the end of the third quarter of 2008.
The Board of Directors of Barrier Therapeutics has approved the definitive merger agreement and the transactions contemplated thereby and has resolved to recommend that Barrier Therapeutics' stockholders tender their shares in connection with the tender offer contemplated by the definitive merger agreement.
This acquisition underscores Stiefel Laboratories' continuing efforts to search for and develop premium-quality, innovative dermatology products and to focus on providing a superior customer experience in global therapeutic and aesthetic dermatology.
"This acquisition demonstrates our continued commitment to advancing the field of therapeutic dermatology," said Charles W. Stiefel, chairman and chief executive officer of Stiefel Laboratories. "We are very impressed with Barrier Therapeutics' innovative products and pipeline. This strategic move will further expand our oral and topical product portfolio in development and increase our sales of novel treatments for skin conditions."
Barrier Therapeutics currently markets three pharmaceutical products. In addition to these marketed products, the company has other product candidates in various stages of development for the treatment of a range of dermatological conditions.
"We are very proud of the accomplishments of the entire Barrier Therapeutics team since we were founded in 2002, and we are pleased that Stiefel Laboratories recognizes the value that we have created," said Al Altomari, chief executive officer of Barrier Therapeutics. "We believe that this transaction provides substantial value to our stockholders. We believe that Barrier Therapeutics' product portfolio and innovative R&D pipeline candidates are among the greatest assets in dermatology and will strengthen Stiefel Laboratories' position in the global dermatology market."
J.P. Morgan Securities Inc. is acting as exclusive financial advisor to Barrier Therapeutics, and Morgan, Lewis & Bockius, LLP is acting as Barrier Therapeutics' legal counsel in the transaction. Deutsche Bank Securities Inc. is acting as exclusive financial advisor to Stiefel Laboratories, and Willkie Farr & Gallagher LLP is acting as Stiefel Laboratories' legal counsel in the transaction.
ABOUT STIEFEL LABORATORIES, INC.
Founded in 1847, Stiefel Laboratories (a privately held company) is the world's largest independent pharmaceutical company specializing in dermatology. The company manufactures and markets a variety of prescription and non-prescription dermatological products. Some of the newest and best-known brands include Duac® Topical Gel (clindamycin, 1% - benzoyl peroxide, 5%) available in the Duac® Care System (CS); Evoclin® (clindamycin phosphate) Foam, 1%; Luxiq® (betamethasone valerate) Foam, 0.12%; MimyX® Cream; Olux® (clobetasol propionate) Foam, 0.05% and Olux-E® (clobetasol propionate) Foam, 0.05% also available in the Olux® / Olux-E® COMPLETE PACK; Soriatane® (acitretin) Capsules available in the Soriatane® CK CONVENIENCE KIT; Verdeso® (desonide) Foam, 0.05%; Brevoxyl®-4 Creamy Wash (benzoyl peroxide 4%) and Brevoxyl®-8 Creamy Wash (benzoyl peroxide 8%) packaged in the Brevoxyl® Acne Wash Kit; Extina® (ketoconazole) Foam, 2%; Oilatum® Cleansing Bar; Physiogel® Cream; Stieprox® (ciclopirox olamine) Shampoo; REVALESKIN(TM) Skin Care Products; and Sarna® Lotion. Its wholly-owned global network is comprised of more than 30 subsidiaries, manufacturing plants in six countries, research and development facilities on four continents, and products marketed in more than 100 countries around the world.
QUEST MINERALS & MINING CORPORATION (OTCBB: QMNM)
"Up 55.80% in morning trading"
Detailed
Quote: http://www.otcpicks.com/quotes/QMNM.php
Quest Minerals & Mining Corp. engages in the acquisition and operation of energy and mineral related properties in the southeastern part of the United States. It owns leasehold interests in various coal properties in eastern Kentucky. The company was founded in 2003 and is based in Paterson, New Jersey.
QMNM News:
June 20 - Quest Minerals & Mining Announces Rapidly Approaching Production Phase
Quest Minerals & Mining Corp. (OTCBB: QMNM) (Frankfurt: QMNB.F), a Kentucky based operator of energy and mineral related properties, announced that it is diligently working to conclude their final stages of rehabilitation so that they can move into full production. The company is currently preparing to mine its Pond Creek location, held under its wholly owned subsidiary, Gwenco, Inc.
Eugene J. Chiaramonte, Jr., President of Quest Minerals and Mining Corp., stated, "I have spent many hours underground to ensure that we are mining as soon as possible. Despite some minor encounters related to equipment delays, our long awaited production phase is imminent. Pending any unaccountable obstacles, we expect to be ready for production within a week to two weeks. The company is eager to launch its $8 million contract fulfillment with Logan & Kanawha Co., LLC. We will provide continual updates as production incurs."
CLEARPOINT BUSINESS RESOURCES (NASDAQ: CPBR)
"Up 87.60% in morning trading"
Detailed
Quote: http://www.otcpicks.com/quotes/CPBR.php
ClearPoint Business Resources, Inc. ("ClearPoint") is a workforce management solutions provider to clients ranging from small businesses to Fortune 500 companies. ClearPoint's iLabor network is a proprietary technology-based platform that provides its clients with a comprehensive web-based portal to streamline the process involved in procurement and management of temporary labor. Orders placed by ClearPoint's clients are fulfilled through a network of ClearPoint-approved staffing vendors. The iLabor platform provides a virtual marketplace for the electronic procurement ("e-procurement") of temporary labor and provides the client with one contract and one contact point to order temporary labor on a national scale. iLabor is an on-demand e-procurement solution that is hosted by ClearPoint which eliminates the need for clients to install and maintain costly hardware and software applications. The client can access iLabor through standard Internet connections and web browsers, and is assigned access codes and account information, eliminating the need for time consuming and costly systems integrations. The iLabor platform provides real-time feedback on all posted positions and provides a centralized reporting mechanism for clients to review and monitor their spending on temporary labor on a national basis. The iLabor network is a technology-based procurement method that provides a low cost and easy alternative for ClearPoint's clients, as well as traditional staffing companies in the industry, to procure temporary labor through a large ClearPoint-approved staffing vendor network that has broad national coverage. The iLabor platform is a fully scalable product offering that can accommodate significant growth in transaction volumes for ClearPoint without significant increases to the Company's existing cost structure.
CPBR News:
June 20 -
ClearPoint Announces $12Million of New Capital
ClearPoint Business Resources, Inc. (NASDAQ: CPBR), a provider of innovative workforce management solutions, announced it has obtained new capital of $12 million from ComVest Capital, LLC ("ComVest") in the form of a $9 million term loan (before an original issue discount of $1 million) and a $3 million revolving credit facility. In addition, our existing lenders have agreed to remain as financial partners with ClearPoint in a subordinated position to ComVest.
Mike Traina commented, "We are very pleased with the endorsement by ComVest of our iLabor business model. This is a significant step forward in providing the necessary working capital to accelerate the growth in iLabor and a key milestone in our transition from our legacy staffing business to our iLabor technology platform."
Mr. Traina added, "We believe the iLabor business model coupled with our new capital clearly positions us as the primary alternative to the vendor management (VMS) industry. The new capital provides us with the financial stability to expand our supplier network and attract new customers to solidify our position as a leader in helping companies manage their usage of temporary labor."
ABOUT COMVEST CAPITAL
The ComVest Group is a Private Equity firm focused on investing in middle-market companies. Since 1988 ComVest has invested more than $2 billion of capital in over 200 public and private companies worldwide. Through its extensive financial resources and broad network of industry experts, ComVest is able to offer its companies total financial sponsorship, critical strategic support, and business development assistance. ComVest's focus is centered on building industry leading companies and creating long term value for equity holders.
SEAWAY VALLEY CAPITAL CORPORATION (OTCBB: SWVC)
"Up 18.18% in morning trading"
Detailed
Quote: http://www.otcpicks.com/quotes/SWVC.php
Seaway Valley Capital Corporation invests in equity, equity-related, and debt in companies that require expansion capital and in companies pursuing acquisition strategies. The company also seeks investments in leveraged buyouts and restructurings. It primarily focuses to invest in retail, restaurant, media, business services, and manufacturing industries. The company was founded in 2002. It was formerly known as GS Carbon Corporation and changed its name to Seaway Valley Capital Corporation in August 2007. Seaway Valley Capital Corporation is based in Gouverneur, New York. Seaway Valley Capital Corporation operates as a subsidiary of Seaway Capital, Inc.
SWVC
News:
June 23 -
Seaway Valley in Talks with Area Retailer
Company would closely complement current retail and consumer product holdings
Seaway Valley Capital Corporation (OTCBB: SWVC) reported that it is currently in discussions with an area retailer for possible acquisition. The company, which has and has had locations in various northern and central New York markets, generated approximately $15.2 million in revenues and income before taxes of over $500,000 in calendar 2007.
Thomas Scozzafava, CEO of Seaway Valley, stated, “If this company is, indeed, acquired, Seaway would be getting with it a proven operator with track record of success.” Mr. Scozzafava added, “Additionally, this particular business type would very much complement both Hackett’s and certain business lines recently acquired in the North Country Hospitality deal. And although there is a desire to keep the details confidential at this juncture, hopefully we can release more definitive information shortly.”
Patrick Hackett Hardware Company
Patrick Hackett Hardware Company (“Hackett’s”) (www.hackettsonline.com) is one of the nation’s oldest retailers with roots dating back to 1830. Hackett’s is a full line department store specializing in premium name brand merchandise and full service hardware. Hackett’s, now with ten locations, features brand name clothing for men, women, and children, and a large selection of brand name athletic, casual, and work footwear. Hackett’s also carries domestics, home décor, gifts, seasonal merchandise and sporting goods. Hackett’s full service True Value hardware department features traditional hardware, tool, plumbing, paint and electrical departments. Hackett’s also owns and operates four RadioShack stores and at certain stores leases space to Payless ShoeSource.
Sackets Harbor Brewing Company
Sackets Harbor Brewing Company (“SHBC”) develops, produces, and markets micro brewed beers such as the award winning “1812 Amber Ale” and “Railroad Red Ale” as well as “Thousand Island Pale Ale”, “1812 Amber Ale Light” and “Independence Wheat” specialty beers. Its “1812 Amber Ale” is the company’s flagship brand and was the winner of a Silver Award at the 1998 World Beer Championship and has been aggressively marketed to command a significant retail presence in the regional market place. Management estimates 1812 Ale has an approximate 15% category market share within its primary distribution area and distributes keg and bottled beer to over 300 locations in northern New York. The company has also developed complementary products such Sackets Harbor Coffee and Sackets Harbor Brewing Co. Root Beer.
Sackets Harbor Brew Pub
The Sackets Harbor Brew Pub (the “Brew Pub”) is an operating restaurant and bar that produces its own specialty beer on site while also offering fine dining. The Brew Pub offers six of its own brews on tap including each of its regionally sold beers such as 1812 Ale, Railroad Red, and Thousand Island Pale Ale as well as ever changing seasonal offerings.
Good Fello’s Brick Oven Pizza and Wine Bar
Good Fello’s Brick Oven Pizza and Wine Bar (“Good Fello’s”) is featured in charming interior of brick and wood and specializes in excellent-yet-affordable Italian food. The focal point of the restaurant is its large brick oven for cooking pizza, appetizers and special pasta entrees along a comfortable bar that offers a wide variety of wine and beer including Sackets Harbor Brewing Company selections. Good Fello’s warmth and intimate atmosphere offers a unique setting rarely found in the marketplace for neighborhood Italian eateries.
Alteri Bakery
Alteri Bakery (www.alteribakery.com) has serviced the north country region with quality baked goods since 1971, when Querino and Ida Jane Alteri purchased the bakery, which is still operated by the founders’ son, Mark. Alteri’s is now located in a state of the art baking facility in the heart of Watertown’s business district, and is one of the last traditional Italian bakeries in the area. Alteri's brings four generations of baking experience and over 80 years of serving northern N.Y. with the finest "true" Italian breads and specialty pastry items, such as cakes, cookies, muffins, bagels, and specialty gift baskets. Alteri’s products can be found at local restaurants, grocery stores, schools, and its own store. In addition, Alteri’s recently assumed the production of sub rolls for the entire Jreck Subs franchise chain of 47 locations, which alone includes approximately two million five hundred thousand rolls baked and shipped annually.
Jreck Subs Franchises
Seaway Valley owns and operates five Jreck Subs (www.jrecksubs.com) franchise locations in northern and central New York including Watertown, Clayton, Cape Vincent, Alexandra Bay, and Liverpool. The Jreck Subs Company was started in 1967 by five local entrepreneurs, and since then, Jreck Subs has grown to over forty-seven locations in northern and central New York. The Jreck Subs concept is quality foods at moderate prices. Jreck Subs have a variety of hot and cold sandwich choices, homemade style soups, and a children’s menu.
LUMERA CORPORATION (NASDAQ: LMRA)
"Up 22.09% in morning trading"
Detailed
Quote: http://www.otcpicks.com/quotes/LMRA.php
Lumera Corporation designs electro-optic components based on proprietary polymer compounds for the telecommunications and computing industries. Its products include electro-optic modulators for satellite communications and optical switching for telecom components; and high speed optical interconnects for high speed signal processing and defense/aerospace applications. It has collaboration with the University of Washington to conduct research and development in the field of optical materials technology. The company was founded in 2000 and is headquartered in Bothell, Washington.
LMRA News:
June 23 -
Lumera Corporation Announces Successful Polymer Modulator Test Results and Updates Progress on its Proposed Merger with GigOptix
Lumera Corporation (NASDAQ: LMRA), a leader in the field of photonic communications, announced that it has successfully completed Telcordia standard reliability testing of its packaged polymer-based electro-optic modulators.
“Achieving positive test results for our modulators demonstrates the viability of Lumera’s electro-optic polymer technology for component fabrication. These results validate that polymer modulators can pass the same rigorous tests required of industry standard components. Lumera is now in a position to share reliability test results with potential customers and business partners; additionally, we are very encouraged with ongoing customer discussions and particularly with the possibilities arising in the proposed merger with GigOptix,” said Dr. Raluca Dinu, Vice President, Electro-Optics Business Unit.
Lumera’s testing program was based on exacting industry standard tests including high temperature operation at 85 degrees C for 2,000 hours, with 50mW laser power at 1550 nm, temperature cycling ranging between -40 degrees C and 85 degrees C for 500 cycles, high temperature storage at 85 degrees C for 2,000 hours, low temperature storage at -40 degrees C for 72 hours and thermal and mechanical shock to name a few. While further statistical testing is necessary, this marks the first time that polymer modulators have successfully passed reliability tests as specified in the GR468 standard.
Lumera also announced that activities associated with its proposed merger with GigOptix, LLC are progressing. Information pertaining to the proposed merger, historical results for GigOptix LLC and the combined businesses are expected to become available when an initial Registration Statement on Form S-4 is filed with the SEC.
WIND ENERGY AMERICA
(OTC: WNEA)
"Up 28.97% in morning trading"
Detailed
Quote: http://www.otcpicks.com/quotes/WNEA.php
Wind
Energy America is a publicly traded energy
company that is focused solely on the renewable resource
of wind energy. The company is determined to help America reduce
its dependence on foreign oil and environmentally
destructive fossil fuels. Wind Energy America is a working model for the
wind energy industry in America. The company’s projects,
which are currently distributed throughout Minnesota,
sustain economic development through capital purchases,
creation of employment opportunities and by providing
interest payments. Wind energy investments represent the
most economical option within the renewable energy
sector and with no fuel price risk, address the public
need for long-term, stable electricity
pricing.
WNEA
News:
June
23 - Wind Energy America Inc. Rated 'Speculative Buy'
Target Price $2.98 by Beacon Equity
Research
Wind Energy America Inc. (OTCBB: WNEA) has been
rated Speculative Buy with a price target of $2.98 by
Beacon Equity Research Analyst, Victor Sula,
Ph.D.
The full report is available at http://www.beaconequity.com.
In the report, the analyst writes, "Over the next
four years, WNEA plans to complete approximately 280 MW
of wind energy projects in the upper Great Plains and
Midwest. The Company estimates approximately $69 million
of external funding will be required to complete these
projects, including $40 million from equity financing.
Assuming funding is secured and the various projects are
completed, WNEA would expand installed capacity to 400
MW over the next four years. At this generating capacity
level, the Company could be producing annual revenues
exceeding $80 million from electricity sales and annual
income ranging around $40 million to $45
million."
MARINE EXPLORATION, INC.
(OTC: MEXP)
"Up 4.76% in morning trading"
Detailed
Quote: http://www.otcpicks.com/quotes/MEXP.php
Marine Exploration, Inc. is currently pursuing two primary projects
north of the Dominican Republic for which an exclusive
state-of-the-art host country treasure-salvage contract
is in place. Long term, the Company will explore up to
fourteen more wrecks under the Dominican Contract and
has plans in place to pursue additional multiple notable
shipwrecks worldwide.
MEXP
News:
June
23- MEXP Details Its Joint
Venture Partner's Successful Field Testing Operations in
Immediate Preparation for Its Survey in Search of Over
$100,000,000 in Sunken Treasure
Marine Exploration, Inc. (OTC: MEXP) reports that Burt D.
Webber, Jr., at the helm of its Joint Venture Partner,
Hispaniola Ventures, LLC, has successfully completed
field testing operations in immediate preparation for
its survey for targeted sunken vessels. Operating on the
well-known 1733 Capitana wreck site off the Florida
Keys, Webber and his team tested and calibrated their
one-of-a-kind Geometrics diver-operated cesium
magnetometers and state-of-the-art Geometrics vessel
towed cesium magnetometer over a two-day exercise.
Taking to the water to run his Operational Director
through training, Mr. Webber expressed: "It was a thrill
to put the new equipment through its paces and train my
team for the serious work ahead."
The exercise served to ensure the proper
operational functionality of this equipment, designed to
Webber's specifications, ahead of the maiden voyage of
the Ocean Lady.
TECHPRECISION CORP. (OTCBB:
TPCS)
Detailed Quote &
News: http://www.otcpicks.com/quotes/TPCS.php
TechPrecision Corporation, through its wholly-owned subsidiary Ranor, Inc.,
produces high-precision, large scale metal fabrications
and machined assemblies weighing up to 100 tons. A
significant part of the Company’s revenues are derived
from the alternative energy industry. The Company also manufactures products
for the nuclear, medical, defense, industrial and
aerospace market segments. TechPrecision is one of a few
end-to-end solutions providers with the ability to
engineer the requisite tooling and the entire
manufacturing process for each respective production
program, fabricate, machine, assemble, test and deliver
large scale projects with tight tolerance levels. The
Company is a highly valuable contractor in all industry
sectors due to leveraging its expertise from over 50
years of developing mission critical products for the
aerospace and defense industries to meet exacting
requirements for high pressure, strength, and precision
metal fabrications.
TPCS
News:
June
23 - TechPrecision Corporation Announces Conference Call to
Discuss Fourth Quarter Fiscal 2008
Results
TechPrecision Corporation (OTCBB: TPCS), a
leading manufacturer of large-scale, high-precision
machined metal fabrications for the alternative energy,
medical, nuclear, defense, aerospace and other
commercial industries, announced today that it will
conduct a conference call at 11:00 a.m. Eastern Time on
Wednesday, June 25, 2008 to discuss the fourth quarter
and fiscal 2008 results.
TechPrecision Corporation CEO, Mr. James Reindl
and Chief Financial Officer, Ms. Mary Desmond will be
participating in the conference call. The Company plans
to make an earnings announcement prior to the call on
Tuesday, June 24, 2008.
To participate in the live conference call,
please dial the following number five to ten minutes
prior to the scheduled conference call time:
866-293-8971 or 913-312-1272. When prompted by the
operator, mention Conference Passcode
6513841.
If you are unable to participate in the call, a replay will be available for 14 days
starting on Wednesday, June 25 at 3:00 p.m. Eastern
Time. To access the replay, dial 888-203-1112 or
719-457-0820, and enter the passcode 6513841.
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