OTCPicks.com

FEATURED COMPANY

SPONGETECH DELIVERY SYSTEMS (OTCBB: SPNG)

Detailed Quote: http://www.otcpicks.com/quotes/SPNG.php

Company Profile: http://www.otcpicks.com/spongetech/spongetech.htm

SpongeTech Delivery Systems is a development stage company which designs, produces, markets and distributes cleaning products for vehicular use utilizing patented technology relating to sponges containing hydrophilic (liquid absorbing) foam polyurethane matrices. The Company's sponges are specially configured with an outer contact layer and an inner matrix, which is loaded with specially formulated soaps and wax that are released when the sponge is applied to a surface with minimal pressure. The Company's products are currently designed specifically for vehicular cleaning use. However, the Company is exploring the possibility of using its patented technology for the development of sponges for other uses, including for use with anti-bacterial, bath and kitchen soaps for household uses, as well as for use as a children's bath foam sponge.

SPNG News:

August 26 - SpongeTech® Delivery Systems, Inc. Sponsored Darryl Strawberry Foundation's 2nd Annual Charity Golf Classic

Sports Greats and Celebrities Take a Swing Against Developmental Disorder to Support Foundation for Children and Families Affected by Autism

SpongeTech Delivery Systems, Inc. (OTCBB: SPNG) (www.spongetech.com) a company which designs, produces, and markets innovative, cost-effective, and environmentally sensitive packaging and product delivery solutions through its exclusive patented packaging technology, sponsored the Darryl Strawberry Foundation Golf Outing for Children and Families Affected by Autism on Monday, August 25th at the Bethpage State Park in Farmingdale, New York.

Among the sports greats in attendance were: Carl Banks, Sam Rosen, John Starks, Willie Upshaw, Ozzie Smith, Ray Lucas, Curtis McGriff, Bruce Harper, and Ron Darling, among others.

SpongeTech has a partnership with the Darryl Strawberry Foundation whereby the Company has committed to donate a percentage of its children's bath sponge, Puddle Pals, revenues to the Darryl Strawberry Foundation. Puddle Pals is a baby bath toy filled with hypoallergenic soap, with each sponge capable of up to eight washes.

"We were pleased to be a part of an event to support such an important cause," said Steven Moskowitz, COO of SpongeTech. "We believe our technologies have great potential to grow in popularity as we continue to market and promote SpongeTech's products. We look forward to continuing to support this foundation and to participate in other marketing opportunities as our company remains on track for future growth."

FEATURED COMPANY

CELEBDIRECT INCORPORATED (OTC: CELI)

Detailed Quote: http://www.otcpicks.com/quotes/CELI.php

Company Profile: http://www.otcpicks.com/celebdirect/celebdirect-2.htm

CelebDirect's primary business is that of a direct response celebrity incubator and has two divisions which are direct response marketing and Celebrity placement / franchise opportunities. CelebDirect brings to the market unique and innovative products via direct to market strategies such as infomercials, advertorials and other associated advertising vehicles to expeditiously, economically and broadly market products throughout North American as well as a global basis. CelebDirect has a number of consumer-oriented products it is evaluating and others it is currently bringing to market.

CELI News:

August 26 - CelebDirect Releases a New Corporate Flash Profile and Audio Interview with CEO Danny Alex Featured on Smallcapengine.com

CelebDirect (OTC: CELI) has announced that it is using Smallcapengine.com (www.Smallcapengine.com) to help with its marketing efforts via this new informative Flash Presentation/Profile/Audio Interview. The profile can be viewed in this link:

http://smallcapengine.com/company_profiles_view.aspx?id=143

FEATURED COMPANY

ANGSTROM MICROSYSTEMS CORPORATION (OTCBB: AGMS)
"Up 17.65% in morning trading"

Detailed Quote: www.otcpicks.com/quotes/AGMS.php

Company Profile:
http://www.otcpicks.com/angstrom-microsystems/angstrom-microsystems.htm

Angstrom Microsystems is one of the top Green computing companies, providing technology solutions ranging from liquid-cooled blades to acceleration software in order to help reduce the power requirements of datacenters. Its customers include Rhythm & Hues, Fox Films, Tippett Studios and the National Institutes of Health. Angstrom has earned a reputation for quality, service, and engineering innovation in the AMD Opteron processor-based system market. See Angstrom Microsystems in the end credits of Blue Sky Studios' "Ice Age: The Meltdown."

AGMS News:

August 25 - Angstrom Microsystems Announces 'Green Computing' Initiative

Company Has Developed Five Key Approaches to Be Eco-Friendly

Angstrom Microsystems Corp. (OTCBB: AGMS) announced that, based on client input and its own research, the Company is a leader in the market for "green computing" solutions. Green computing helps companies reduce their carbon footprint while considerably saving energy and money over traditional computing solutions, particularly in the data center market, which accounts for 3% of all power consumption in the U.S. according to the EPA.

Through over eight years of research and development, Angstrom's energy efficient, high-end blade servers, workstations and software solutions have been designed to provide maximum performance, thereby reducing costs for clients in multiple ways. With both hardware and software solutions to reduce the power needed to drive computing, Angstrom reduces the number of machines required to facilitate mission critical tasks, thus saving clients significant investment and maintenance costs. Angstrom also utilizes only environmentally friendly materials and chemicals in its manufacturing processes, and all the Company's product packaging and shipping crates are made from recycled materials.

Angstrom's green computing initiative is powered by:

* Energy Efficient Liquid Cooled Blade Servers: Angstrom's liquid cooled blade servers use non-electrically conductive fluid that is non-toxic, non-flammable and environmentally friendly unlike competitors who may use chlorofluorocarbons (CFCs), or water, which is a conductive liquid. Cooling accounts for 30% of monthly costs in a typical data center. Angstrom's technology eliminates over 75% of that 30% which results in significant return-on-investment improvement for its clients.

* Ultra-High Efficiency Power Solution: Angstrom's MaxPowerSmart(TM) is an ultra-high efficiency 480VAC 3-phase and 48VDC solution that provides power to standard motherboards used by the Angstrom blade and rack-mount products. Angstrom racks can accept 48VDC power and redundant A/C power from separate grids. MaxPowerSmart allows blade server racks to plug directly to "street" power, bypassing costly and inherently inefficient data center power distribution units (PDUs), enabling 82% power efficiency to the rack, as compared to the 50-70% offered in most other standard solutions.

* Software-based Acceleration: Angstrom provides software-based acceleration solutions to significantly reduce the number of machines required to perform a given task. Fewer machines for the same performance coupled with less cooling power consumption per machine results in a significantly more energy-efficient data center. The Company's Xfactor Plus(TM) software acceleration libraries accelerate the performance of targeted software applications and libraries by 10-100x.

* Use of Only Environmentally Friendly Materials: The Company strives to use only environmentally friendly materials in its products and manufacturing processes. Angstrom does not utilize chemicals that can cause hazardous waste or environmentally harmful emissions such as fluorocarbons. Going even further, the Company only uses materials that comply with the Restriction of Hazardous Substances Directive (ROHS).

* Reusable Product Shipping Materials: Angstrom's shipping containers are wooden crates for delivery of its blade servers. After product delivery, customers ship back the shipping containers to the Company so it can be recycled and reused. All aspects of its packaging are reusable and Angstrom avoids non-biodegradable packaging wherever possible.

Commenting on the green computing initiative, Lalit Jain, CEO of Angstrom Microsystems, said, "Green computing is not just a buzz word or passing fad for Angstrom or our clients. Rather, it is fundamentally at the core of what we do. Our client companies are concerned about the environment and want to reduce their carbon footprints, but they also want great return on their computing investments. We are pleased that we are increasingly becoming the vendor of choice for both. We reduce power consumption in three ways: by reducing the number of computers necessary to operate; reducing the power to cool the computers that are used; and finally by improving the electrical efficiency of each computer.

"Furthermore, we only use environmentally safe materials in our products and manufacturing processes, and reuse all our packing and shipping materials as many times as we can. We are also focused on helping our clients reduce their carbon footprint by saving energy and reducing their hardware costs through the use of our proprietary software acceleration technologies. While we have always been an environmentally aware company, it is nice to see the market finally catching up and recognizing us as a leader."

FEATURED COMPANY

NEXPLORE CORPORATION (OTC: NXPC)

Detailed Quote: www.otcpicks.com/quotes/NXPC.php

Company Profile: 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:

August 23 - Growing Popularity, Ubiquitous Broadband to Change the Face of Internet Search

NeXplore CMO Scott Grizzle: "Search Needs a Facelift"

A recent survey conducted by PEW Internet & American Life Project (PIP) reveals that "almost half of all Internet users now use search engines on a typical day," an increase of 69% from 2002 when Pew Internet & American Life Project first tracked search activity. The PIP survey also finds that those who use broadband connections at home are "significantly more likely" to use search than those with a dialup connection.

According to Scott Grizzle, chief marketing officer for NeXplore Corporation (OTC: NXPC), search's growing popularity and the proliferation of broadband will drive dramatic changes in the Internet search experience, particularly in how consumers interact with search engine results pages (SERPs).

Grizzle said, "Ubiquitous broadband has conditioned consumers to expect a more dynamic and engaging Internet experience. The search experience, for the most part, has not kept pace with the rest of the Internet. The days of serving up line after line of static text results are coming to an end. As popularity, familiarity and proficiency with Internet search grows, consumers will demand that search results pages have more video presentation and rich-media interaction, less drill down and deeper personalization. There's no question, Internet search is long overdue for a facelift."

For its part, NeXplore Corporation recently launched NeXplore Search (www.NeXplore.com), an innovative Web 2.0 search engine optimized for a superior end-user experience, rich-media display and social network integration. Currently open for public beta, NeXplore Search had more than one million unique visitors in both May and June of 2008 according to web-analytics company Compete.com.

FEATURED COMPANY

INDUSTRIAL BIOTECHNOLOGY CORPORATION (OTC: IBOT)

Detailed Quote: http://www.otcpicks.com/quotes/IBOT.php

Company Profile:
http://www.otcpicks.com/industrial-biotech/industrial-biotech-2.htm

Industrial Biotechnology Corporation, (IBC) provides products, services and technologies using renewable resources as an alternative to petroleum and traditional manufacturing methods. IBC production processes are eco-efficient and apply and adhere to sustainable practices and standards. IBC accomplishes this with the ALCHEMx Production Platforms™, which integrates technologies, sustainable manufacturing, and distribution with supply chain partners to meet customer needs and pricing requirements. IBC utilizes sugarcane based ethanol which is considered the leading cost efficient, energy balanced and environmentally sustainable feedstock source, when compared to petroleum and other alternative fuels.

IBOT News:

August 18 - Renewable Energy Stocks Green Investor Podcast, With CEO of Industrial Biotechnology Corporation, Focusing on Brazilian Sugarcane Based Ethanol Chemicals and Fuels

"A Strong Demand and Interest for Renewable Packaging Solutions"

www.Renewableenergystocks.com, a leading investor news and research portal for the renewable energy sector within Investorideas.com, presents a green investor podcast with Andy Badolato, CEO of Industrial Biotechnology Corporation (OTC: IBOT).

Industrial Biotechnology Corporation utilizes sugarcane ethanol for energy solutions and environmentally friendly chemicals for consumer packaging, energy, agricultural, pesticides, materials and polymer industries.

Mr. Badolato discusses the Company's two operating subsidiaries, Renewable Chemicals Corporation that utilizes sugarcane feedstock as an alternative to petroleum based chemicals and Renewable Fuels of America Inc., an importer and distributor of Brazilian sugarcane ethanol to targeted coastal areas.

According to Mr. Badolato, "The company's current business models root were developing commercial biological technologies and solutions for the chemical industry. In the marketplace we became aware of the growing trends towards sustainable eco-efficient solutions using renewable resources. We saw a real need and opportunity for the next wave, after the use of ethanol as an alternative fuel, for bio-renewable chemicals. There is a strong demand and interest for renewable packaging solutions. Wal-Mart (Market, News) for example, has initiated and pioneered a very strong sustainability initiative that focuses on reducing packaging and adherence to sustainable practices."

In elaborating on his current partners, "We went about developing partners and providers in the supply chain to deliver bio-renewable chemicals. We met Cosan SA (Market, News) approximately a year ago. Cosan is the world's largest processor of sugarcane ethanol, which happens to be 7-8 times more efficient than corn feedstock, has significantly less carbon impact, and is not a competing food source."

Updating Renewable Fuels of America Inc., Mr. Badolato notes, "We anticipate revenues shortly and are in process of negotiating final agreements. We have identified distributors, storage facilities, and of course have supply in place with Cosan."

To hear full audio click here:

http://s3.amazonaws.com/static.investorideas.com/podcasts/2008/081408c.mp3

FEATURED COMPANY

QUOTEMEDIA INCORPORATED (OTCBB: QMCI)

Detailed Quote: http://www.otcpicks.com/quotes/QMCI.php

Company Profile: http://www.otcpicks.com/quotemedia/quotemedia.htm

QuoteMedia, Inc. is a leading software developer and provider of real-time streaming financial market information, decision-support, news and research solutions to brokerage, financial services companies, business and media corporations. Among its many leading-edge products lines, the Company offers data feeds, news, dynamic market content solutions, interactive stock research tools, financial applications and real-time wireless applications. QuoteMedia provides data and services for companies such as the NASDAQ, the OTCBB, Dow Jones & Company, Forbes.com, Scotia Capital, Business Wire, Southwest Securities, Regal Securities, FBR Direct, Broadridge Financial Solutions, Inc., AIM Trimark, Zacks Investment Research, ChoiceTrade, QTrade, Schaeffer's Investment Research, Automated Financial Systems, WallStreet*E, and others. For more information, visit www.quotemedia.com.

QMCI News:

August 14 - QuoteMedia Reports 30% Increase in Revenue for Q2 2008

QuoteMedia, Inc. (OTCBB: QMCI), a leading provider of market data and financial applications, announced financial results for the three and six months ended June 30, 2008. These results reflect a 30% increase in second quarter revenues, to $1,724,396 from $1,331,405 in the comparative period in 2007. Revenue for the six months ended June 30, 2008 increased 37%, to $3,412,071 from $2,492,105 in the comparative period in 2007. At June 30, 2008 the Company’s cash balance was $463,214, an increase of $105,898 from the balance at December 31, 2007. Net cash provided by operating activities was $377,428 for the six months ended June 30, 2008; this represents an $875,428 increase in cash generated from operations, when compared to the $598,000 that was used in operating activities in the comparative period.

“The significant revenue growth during the quarter resulted from increased sales of our Interactive Content and Data Applications as well as from increased subscriptions to our Quotestream product line,” says Keith Guelpa, president of QuoteMedia, Inc. “This is our 21st consecutive quarter of revenue growth, reflecting the strong continuing market penetration of our full line of financial data products and the increasing depth of our data offerings, which now cover over 70 exchanges worldwide.

“During the second quarter, QuoteMedia continued to build on the revenue growth momentum that has been building since 2007. We furthered our introduction of Quotestream II to the market, the new generation of our portfolio management system, with enhanced features and functionality. The Company also continued its early release of Quotestream Professional. Where Quotestream II is geared towards providing a professional level experience to non-professional users, Quotestream Professional is designed specifically for use by financial services professionals, offering unparalleled functionality at extremely aggressive pricing.

“Our second quarter was also significant in that much of the groundwork was laid for developments that are coming to fruition now. One example is our announcement earlier this week of our enterprise agreement with Penson Worldwide Inc. Penson is a global provider of execution, clearing, custody, settlement and technology infrastructure products to the financial services sector. Under this agreement Penson will integrate QuoteMedia offerings into platforms that it provides to its nearly 300 correspondent financial services firms. As well, Penson will offer its clients Quotestream Pro and Quotestream II. Also, earlier this month we announced that Mr. James Kelly joined the Company. He is a senior sales executive who brings a wealth of knowledge and successful experience to QuoteMedia, particularly in the financial services professional market to which Quotestream Professional is targeted. Mr. Kelly joins Mr. George Katsch in our New York office. Founded on marketing developments such as these and others, and our performance record, we expect that our customer base will continue to expand dramatically and that our trend of strong revenue increases, quarter over quarter, will continue into the foreseeable future.

“We remain focused on our revenue growing strategies,” says Guelpa. “Our plan of operation for the remainder of 2008 continues to focus on marketing Quotestream II for deployments by brokerage firms to their clients, and moving with increasing strength into the investment professional market with Quotestream Professional. We also plan to continue the market penetration of our Data Feed Services, which is a particularly fertile segment of our product line. We will also continue to license our Quotestream Wireless applications and add new data content to expand our line of Interactive Content and Data Applications.”

“As previously forecasted, and consistent with our focus on expansion, we experienced a loss for the quarter of $360,758 compared to a loss of $424,902 in the comparative period. For the six months ended June 30, 2008 we incurred a loss of $715,677 compared to a loss of $796,987 in the comparative period. While we expect that we will continue to incur losses in the short term, we expect our monthly revenues will continue to rise significantly in 2008 and overtake the increased cost commitments that we have undertaken to support our rapid development. Our improvement in gross margin rates to 57% reflects the stabilization of our fixed cost structures while revenues continue to increase. We expect our costs of revenue to continue to reduce as a percentage of revenues generated. We are very pleased with our progress to date, and we believe that we are on target to meet our near and long term objectives,” says Guelpa.

STOCKS TO WATCH

ECC CAPITAL CORPORATION (OTC: ECRO)
"Up 88.54% in morning trading"

Detailed Quote: http://www.otcpicks.com/quotes/ECRO.php

ECC Capital Corporation, a mortgage real estate investment trust (REIT), invests in residential mortgage loans in the United States. It owns and manages interests in securitization trusts, which issued securities collateralized by mortgages on residential real estate. The company qualifies as a REIT for federal income tax purposes. As a REIT, it would not be subject to federal income tax to the extent that it distributes at least 90% of its REIT taxable income to its shareholders. ECC Capital Corporation was founded in 2004 and is based in Irvine, California.

ECRO News:

August 25 - ECC Capital Corporation Announces Common Stock Cash Distribution of $0.16 Per Share

ECC Capital Corporation (OTC: ECRO), a mortgage finance real estate investment trust, announced today that its Board of Directors has declared a cash distribution of $0.16 per share of common stock. ECC Capital will make this distribution on Monday, September 22, 2008, to shareholders of record on Monday, September 8, 2008. The distribution will have an ex-dividend date of September 23, 2008.

This distribution and the prior distribution on March 21, 2008 were the result of one time events and changes in ECC Capital's perspective. These distributions should in no way be viewed as an indicator of future distributions. Several circumstances have contributed to ECC Capital's ability to make a $0.16 distribution on September 22, 2008. These circumstances include, but are not limited to:

* ECC Capital continues to experience higher levels of delinquency and losses on its mortgage loans held for investment in its securitization trusts. Therefore, ECC Capital estimates that the probability and amount of future cash from over-collateralization has been significantly reduced. Consequently, ECC Capital has significantly reduced the estimate of cash expenditure and investment directed toward maximizing future over-collateralization releases.

* ECC Capital has changed its perspective and reduced the amount of capital that should be retained to invest in its existing and new business opportunities. Management has not found any significant investment opportunities that provide returns that are commensurate with related risk. Therefore, a significant portion of ECC Capital's allocated investment capital will be returned to the shareholders.

* ECC Capital has settled certain liabilities, claims, contractual obligations and restrictions. In addition, ECC Capital sold certain real estate owned properties and collected on certain loans. Collectively, these events provided for a reduction in required cash reserves and an increase in cash.

* ECC Capital has benefited from reduced operating costs.

ECC Capital has evaluated and will continue evaluating several alternatives to facilitate the realization of any remaining shareholder value, which include, but are not limited to:

A) A sale of some or all of its assets.
B) A sale of the company.
C) Investment in business opportunities that may defray the cost of its remaining operations.
D) Use of technology to oversee and maximize the value of its remaining mortgage portfolio or produce revenue from third parties.
E) Outsourcing of various functions.
F) Partnering and/or joint venturing to reduce cost or increase revenue.

ECC Capital has retained Milestone Advisors as its banker and advisor to assist in this process. There are no assurances that these efforts will result in additional distributions. In the absence of a transaction that allows otherwise, ECC Capital plans to retain the necessary capital to maintain its reduced ongoing operations in addition to meeting the obligations of creditors. Further, since ECC Capital must retain enough cash to operate and to meet creditor obligations it will continue to look for investments or pursue opportunities that it believes may grow shareholder value. Any remaining shareholder value may be impacted by potential losses on investments, expenses associated with ongoing operations, its existing liabilities, the adverse changing and unpredictable environment in which it operates. Therefore, ECC Capital cautions that there may be no further distributions.

NEW CENTURY EQUITY HOLDINGS INCORPORATED (OTCBB: NCEH)
"Up 67.65% in morning trading"

Detailed Quote: http://www.otcpicks.com/quotes/NCEH.php

New Century Equity Holdings Corp. holds interest in ACP Investments L.P (Ascendant), which provides asset management services. It intends to redeploy its assets to enhance stockholder value and is seeking, analyzing, and evaluating potential acquisition and merger candidates. The company, formerly known as Billing Concepts Corp., was founded in 1996 and is headquartered in Dallas, Texas.

NCEH News:

August 26 - New Century Equity Holdings Corp. Announces Agreement to Acquire Wilhelmina International, Ltd.

New Century Equity Holdings Corp. (OTCBB: NCEH) announced that it has executed a definitive agreement to acquire Wilhelmina International, Ltd. and its affiliated companies, including Wilhelmina Models, Wilhelmina Miami, Wilhelmina Film & TV and Wilhelmina Artist Management.

Wilhelmina Models, founded 40 years ago by successful model Wilhelmina Cooper, is today one of the largest and most successful model management companies in the world representing women, men and children through its offices in New York, Los Angeles, and Miami. As an innovator in the industry, Wilhelmina Models became the first fashion company to develop a specific division to exclusively represent premier talent in the worlds of music, sports and entertainment. Today, that division, called Wilhelmina Artist Management, is one of the top in the industry with a roster that includes music superstars Fergie, Natasha Bedingfield, Ciara, Brandy, and many others. In addition, the sports roster has golf teaching legend David Leadbetter and the recently created Wilhelmina 7. Wilhelmina Artist Management helps create, develop, and maintain the brand identity of artists and athletes by securing major fashion campaigns, endorsements, marketing opportunities and tour sponsorships. The Division has secured commercial endorsements, fashion campaigns and sponsorships for its artists with companies such as Candie's shoes, Coca-Cola, Cover Girl, Dessert Beauty, Donna Karan, Hershey's, Hugo Boss, L'Oreal, Mattel, Nautica, Nestle, Nike, and Pizza Hut.

At the closing of the transaction, New Century is expected to change its name to "Wilhelmina International, Inc." Wilhelmina will become New Century's principal operating business.

Under the terms of the merger agreement, New Century will acquire Wilhelmina for consideration of $30 million, consisting of $15 million in cash and $15 million in shares of New Century common stock. The aggregate purchase price is subject to certain adjustments tied to the performance of Wilhelmina's core modeling business in 2008 and earnout payments tied to the performance of each of Wilhelmina Artist Management and Wilhelmina Miami. The transaction is subject to the approval of New Century shareholders, together with other customary conditions, and is expected to close in the 4th quarter of 2008.

In connection with the execution of the transaction agreement, Newcastle Partners, L.P., an affiliate of New Century's Chairman and acting Chief Executive Officer, Mark E. Schwarz, has agreed to provide to the company up to $5 million in additional equity financing on terms commensurate with the valuation of shares to be issued to Wilhelmina's owners in the transaction. These funds will be used by New Century to complete the transaction. The financing arrangements have been approved separately by an independent committee of New Century's Board of Directors.

Mr. Schwarz, commented, "After four-plus years of patience and perseverance in seeking to identify an exceptional opportunity for New Century shareholders, we are pleased to announce the acquisition of Wilhelmina, one of the absolute top names in the model management industry worldwide. Wilhelmina is a truly unique company that possesses a long-established record of success. As a publicly-held company, Wilhelmina will be positioned to grow in a number of exciting areas, including artist management, television production and through possible future acquisitions."

New Century will file with the Securities and Exchange Commission a Current Report on Form 8-K containing additional information concerning the Wilhelmina purchase agreement.

MEDIATECHNICS CORPORATION (OTC: MEDT)
"Up 18.92% in morning trading"

Detailed Quote: http://www.otcpicks.com/quotes/MEDT.php

Mediatechnics Corporation (www.mediatechnicscorporation.com) is the parent company of Mediatechnics Systems Inc., MediaMaster Corporation, The Live Network, Innotech and CRD Technology.

MEDT News:

August 26 - Mediatechnics Corp. Inks Deal to Purchase Global Music Group-New York, Winner of Death Row Records Label Valued at $32 Million

Mediatechnics Corporation (OTC: MEDT) has signed a letter of intent to purchase Global Music Group-New York (GMG-NY), the company that won the bid to acquire the assets of Death Row Records in the U.S. Bankruptcy Court in June of this year for $24 million. Mediatechnics intends to provide Global Music with the funds needed to complete the acquisition.

The landmark deal would give Mediatechnics Corp. ownership of Global Music Group, which will hold upon completion of the purchase — free and clear of all liens, claims and encumbrances — all of the assets that comprise Death Row Records, including Death Row's catalog of master recordings and published music, as well as all trademarks and other intellectual property, licenses, artist and writer agreements, works in progress, and options. An independent valuation of the bankruptcy estate completed last month placed the catalog value at $32 million.

The Death Row catalog includes a significant amount of previously unreleased material by the late Tupac "2Pac" Shakur and other top artists, as well as almost all of the previously released music of Dr. Dre and 2Pac. The 2Pac music has spawned great interest with the media since the possibility of its imminent release became news.

Founded in 1991 by Marion "Suge" Knight and Dr. Dre, Death Row Records established itself as one of the biggest labels at the forefront of the '90s gangsta rap music era, and, for all intents and purposes, defined the genre. The label was home to such artists as Dr. Dre, Snoop Dogg, Tha Dogg Pound as well as 2Pac.

By the early 2000s, Death Row was besieged with several crippling lawsuits and criminal convictions for founder Suge Knight. In April of 2006, Knight sought bankruptcy protection for himself and the label. On June 24 of this year, the U.S. Bankruptcy Court for the Central District of California approved the sale of Death Row to Global Music Group - New York for $24 million, and Global Music placed a deposit with the court.

Mediatechnics President Richard Wilson said, "The acquisition of Global Music and Death Row Records will represent a landmark turning point for our company. Together with our subsidiaries, the Live Network and CRD Technologies, the prospects of co-branding, licensing and new product development are astounding." He continued, "We're driving hard to lock in all of the complicated pieces of this puzzle necessary to successfully conclude this remarkable deal."

Susan Berg, President of Global Music Group-NY, said, "We are delighted by the prospects that this imminent transaction could bring to our two companies and believe the outcome, both financially and creatively, can be an incredible force." Berg qualified Global Music Group as a bidder with the Federal Bankruptcy Court prior to the auction in June, putting up more than one million dollars on deposit.

Mediatechnics' transaction remains contingent upon several factors, not the least of which is the closing of the financing and the subsequent payment to, and acceptance by, the Bankruptcy Court and its trustee. While many factors outside the control of Mediatechnics could yet affect whether or not the transaction is completed, the company is currently in possession of a Letter of Intent from a lender to fund the transaction, and has been informed by GMG-NY that it is likely that the purchase will be accepted when funds are proven and delivered.

CONVERTED ORGANICS INCORPORATED (NASDAQ: COIN)
"Up 13.99% in morning trading"

Detailed Quote: http://www.otcpicks.com/quotes/COIN.php

Converted Organics, Inc. focuses on the manufacture, sale, and distribution of natural soil amendment products combining nutritional and disease suppression characteristics. It uses organic food waste as raw material to manufacture soil amendment products. Converted Organics plans to sell and distribute these products in the agribusiness, turf management, and retail markets. The company was founded in 2003 and is headquartered in Boston, Massachusetts.

COIN News:

August 26 - Converted Organics Announces Strategic Alliance with Gro Group Inc. to Service up to 15,000 U.S. Nurseries, Retailers

Converted Organics Inc. (NASDAQ: COIN) announced that the Company will work with Gro Group Inc. as a manufacturing partner in 2009, supplying its organic granular fertilizer to seven of Gro Group Inc.’s major distributors, which collectively service up to 15,000 lawn and garden retailers throughout the United States. Converted Organics’ organic granular fertilizer is for use on lawns, turf, flowers and gardens.

“Converted Organics is extremely excited to partner with Gro Group distributors to provide lawn and garden retailers with our high-quality, all-natural, organic granular fertilizer,” said Richard P. Aleo, Executive Vice President of Sales and Marketing for Converted Organics. “Our product compliments and supports Gro Group’s objective of empowering distributors to provide retailers with a competitive edge in the marketplace by supplying the finest quality products at the best dollar value.”

Gro Group Inc. distributors service over 90 percent of the independent lawn and garden retailers in the U.S. and Canada, and are represented in every major U.S. and Canadian market. Converted Organics will showcase its all-natural soil amendment and fertilizer products in seven of Gro Group Inc.’s regional distributor retailer trade shows throughout the U.S. during September and October, 2008.

“Participating in Gro Group’s distributor retailer trade shows augments Converted Organics’ ongoing strategic sales and marketing efforts by providing well-attended venues for educating existing and potential customers about our unique product line,” said Mr. Aleo.

ABOUT GRO GROUP INC.

Incorporated in 1974, Gro Group Inc. is a North American marketing group, equally owned by Gro Group Distributors, bringing together leading manufacturers, distributors, and retailers in the lawn and garden industry. Gro Group provides information exchange, group purchasing, the Growise Center Program, and the GroSource Plus Program offering leading, independent, regional retailers integrated marketing and merchandising opportunities. For more information about Gro Group Inc., and to view the easily downloadable Gro Group Advantage PowerPoint Presentation, visit www.grogroup.com.

COLORADO GOLDFIELDS INCORPORATED (OTCBB: CGFI)
"Up 12.50% in morning trading"

Detailed Quote: http://www.otcpicks.com/quotes/CGFI.php

Colorado Goldfields Inc. (www.cologold.com), is a Denver-based junior exploration and mining company primarily exploring for gold and silver. Our seasoned management team targets historic gold camps with strong potential for multiple deposit discovery. Currently, our business model in Colorado provides an outstanding combination of former producing properties with excellent exploration and production potential and a currently inactive, modern 500 to 700 ton per day capacity mill facility to allow for an attractive short-term production time frame. We expect that this strategic plan will allow Colorado Goldfields to reach its goal of profitability, potentially within the next 18 months.

CGFI News:

August 26 - Colorado Goldfields Generating Excitement in Silverton

Colorado Goldfields Inc. (OTCBB: CGFI) was featured in an article focusing on the rebirth of mining in Silverton, Colorado in the Durango Herald on Wednesday, August 20, 2008 which describes the local excitement generated by the Company’s recent drilling at its Gold King and Mogul Mines in Silverton. “The early indications are good at the drilling sites. We look forward to releasing results of the assay tests as they become available,” said Stephen Guyer, Chief Financial Officer.

Silverton was founded originally as a mining camp. Historically, the Gold King Mine alone produced approximately 345,000 ounces of gold and 1.4 million ounces of silver from 1895 to 1920. The article discusses CGFI’s potential social, economic and environmental impact on the area and concludes that the local residents are generally positive and excited about the economic boost. The article can be found at:

http://durangoherald.com/asp-bin/article_generation.asp?article _type=biz&article_path=%2Fbusiness%2F08%2Fbiz080820%5F1%2Ehtm

CGFI previously produced a video with interviews of residents discussing what renewed mining activity could mean to the town. The video can be found on the company’s Web site at www.cologold.com/i/misc/interview_segment_2.wmv.

The Company will host its first quarter investor conference call scheduled for Thursday, September 4, 2008 at 11 AM (EDT). The CGFI management team has already produced a management audio presentation that can be found on the Company’s Web site www.cologold.com/s/multimedia/audiopresentation.wmv. On the live investor conference call, management will discuss its fiscal year 2009 business plan. To participate in the conference call, dial 877-718-5107 (passcode 9074671). International callers, dial 719-325-4791.

IN CONTROL SECURITY INCORPORATED (OTC: MIHS)
"Up 25.00% in morning trading"

Detailed Quote: http://www.otcpicks.com/quotes/MIHS.php

iCS is a global systems builder and distributor of electronic security products which include Smart CCTV, Biometric Access Control, Wireless Intrusion Detection and Advanced Weapons Detection. Being the largest supplier of IQSIS (Intelligent, Quick, Secure Integrated Systems) to the Do-It-Yourself commercial and residential markets, iCS assures return on security system investments. Client security projects are less expensive, provide more coverage and are installed in just hours, not weeks. The iCS Business Partner Program allows local security companies to capitalize on the company's vast process experience and deliver "Best in Class" electronic security systems to clients using the Titan iQuote System. And with direct warehouse access to over 3,800 products, the iCS EASY ORDER website brings a comprehensive security store providing anywhere-anytime shipping from two QUICK TURN 24-7 warehouses located in Los Angeles and Miami. In short, iCS focuses on DIY and Quick Deploy Security Technologies. Headquartered in Baltimore, each iCS executive team member has a minimum of 18 years experience in security product design, manufacturing, systems integration and installation in commercial, government, military and residential markets. The firm's clear and simple mission is to deliver, service and support the best security technologies at the lowest cost. iCS puts the security buyer "iN Control."

MIHS News:

August 26 - Medical Institutional Services Holdings, Inc. Completes Name Change to iN Control Security, Inc.

Medical Institutional Services Holdings, Inc. (OTC: MIHS) announced the company has applied for and completed a name change in the state of Nevada. In addition, a new CUSIP number has been requested for submission to FINRA. The new company name will be iN Control Security (iCS). A symbol change has also been requested and is in progress. Once the new symbol is released, the investment community will be notified.

MONARCH STAFFING INCORPORATED (OTC: MSTF)
"Up 40.00% in morning trading"

Detailed Quote: http://www.otcpicks.com/quotes/MSTF.php

Monarch Staffing, Inc., through its subsidiaries, provides healthcare staffing services to commercial and government sector customers in the United States. It furnishes personnel to perform a range of pharmacy technician, nursing, and other health care services in support of the operations of government and commercial facilities. The company is based in Irvin, California.

MSTF News:

August 25 - Monarch Staffing, Inc. Launches Nurse Consultants to Build Its Nurse Staffing Business

New Operating Division Will Be Led by Industry Veteran and Based in Fresno

Monarch Staffing, Inc. (OTC: MSTF), and its wholly owned subsidiary Drug Consultants, Inc., a provider of healthcare staffing services, announced the launch of Nurse Consultants, a new operating division focused on the nurse staffing business.

Nurse Consultants will be lead by Edwina Chong, Executive Vice President, a nurse staffing industry veteran. Prior to joining Drug Consultants, Inc., Ms. Chong built one of the largest local nursing recruitment and staffing firms in the country. From 2001 to 2007, she was Area Manager with Supplemental Health Care where she grew annualized revenues in excess of $21 million. "I am extremely excited to lead the growth of our new operating division," commented Ms. Chong.

Nurse Consultants has opened a new office in Fresno, CA to house its sales & marketing, recruiting and scheduling operations.

"The launch of Nurse Consultants and the opening of a new operating office in Fresno advances our plan to penetrate the growing nurse staffing business. Additionally, we expect the launch will help diversify Monarch Staffing's service offerings and customer base," commented David Walters, Chairman.