OTCPicks.com

For Wednesday, October 15th

MVSR, GCHK, GTWO, NHYT, CPRK, PGOG
BBDA, ENDO, ELRA, WPRT, GNTA, WAVE, CNEX

Our Stocks to Watch today include Medivisor Inc. (OTC: MVSR), GreenChek Technology Inc. (OTCBB: GCHK), Gen2Media Corp. (OTCBB: GTWO), Neohydro Technologies Corp. (OTCBB: NHYT), Copper King Mining Corp. (OTC: CPRK), Perf Go Green Holdings Inc. (OTCBB: PGOG), Bebida Beverage Co. (OTC: BBDA), Endocare Inc. (Nasdaq: ENDO), Elray Resources Inc. (OTCBB: ELRA), Westport Innovations Inc. (Nasdaq: WPRT), Genta Inc. (OTCBB: GNTA), NextWave Wireless Inc. (Nasdaq: WAVE) and Cannon Exploration Inc. (OTC: CNEX).

FEATURED COMPANY

QMCI

MEDIVISOR INCORPORATED (OTC: MVSR)

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

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

Medivisor, Inc. provides medical information to healthcare professionals, primarily physicians, through its Web sites, using inter-active, informational, and video and graphic presentations. It also focuses on offering Web site services to various industries seeking direct access to physicians, including providers of continuing medical education courses; sponsors of medical conferences and seminars; and pharmaceutical companies, using an online marketing format known as e-detailing. The company was founded in 2002 and is headquartered in Huntington Station, New York.

MVSR News:

October 15 - Medivisor, Inc. Signs Additional Agreement for Distribution of 'Maximum Energy Shot'; Terms Include $500,000 Minimum Orders for Renewable Contract

Medivisor, Inc. (OTC: MVSR), developer of next-generation focus driven marketing tools, announced today that it has entered into an agreement with Stack-It Distributors, Inc. for the distribution of its newly announced energy drink, Maximum Energy Shot. Medivisor has retained Stack-It Distributors, Inc. to distribute its energy drink, and Stack-It Distributors Inc. is to provide minimum orders of $500,000 for an annually renewable contract. The agreement with Stack-It Distributors is substantially similar to Medivisor's previously announced agreement with Market Quest USA.

"Industry dynamics are changing at a rapid pace and the opportunity to enter into the fastest growing segment of the beverage industry, energy drinks, along side of Medivisor, Inc. is a great opportunity," stated Stack-It President Robert Kaible. "We share common vision and values and expect the brand, Maximum Energy Shot, to be a sales success."

Stack-It Distributors, Inc. is a full-service distribution company committed to being the beverage distributor of choice in the Northeast, sustaining profitable growth for the brands it represents. Headquartered on Long Island, NY, Stack-It prides itself on providing remarkable service to its customers and providing a great culture for its teammates.


FEATURED COMPANY

QMCI

GREENCHEK TECHNOLOGY INCORPORATED (OTCBB: GCHK)

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

Company Profile:
http://www.otcpicks.com/greenchek-technology/greenchek-technology.htm

GreenChek Technology, Inc. manufactures and distributes hydrogen injection technology devices that primarily focus on mobile transportation applications and industrial generative power applications. It also provides mobile greenhouse gas emissions reduction technology. The company's Onboard Hydrogen Generation and Injection technology is used for emissions reduction technology and fuel economy enhancement in trucks, locomotives, and automobile engines. It has operations in the United States, Canada, Asia, and Europe. The company, formerly known as Ridgestone Resources, Inc., was founded in 2006 and is headquartered in San Francisco, California.

GCHK News:

October 14 - GreenChek Announces a More Aggressive Strategic Plan Following 3rd Party Certification Results

GreenChek Technology Inc. (OTCBB: GCHK), a leading globally focused provider of hydrogen based technology for mobile transportation and stationary power generation applications, reported that they are fast-tracking their Strategic Sales Plan as a result of the certification process which confirmed prior results of in-house testing. Management is currently targeting Chinese and Canadian companies for rapid deployment of our products.

GreenChek manufactures an emission reducing device simply known as the ERD 1.0, which can be retrofitted to any vehicle or combustible engine regardless of fuel source. This device reduces vehicle emissions as well as increases fuel economy.

GreenChek’s Chief strategy Officer, Donald Walling who was involved directly in the certification process pointed out that, “The validation of our ERD 1.0 with our successful 3rd Party certification from a world recognized company such as Clean Air Technologies Inc., has reaffirmed the significance of our technology.” Walling further noted, “This has given our senior management team even more confidence for us to more aggressively forge forward with our Strategic Plan as well as in building our strategic alliances and plans for Europe.”

GreenChek’s President and CEO Lincoln Park added, “Initially our plan called for GreenChek to make aggressive inroads into Europe and the United States in Q4 2008 through to Q2 2009. We had originally planned to enter the markets in China and Canada late 2009 and into 2010. However, since our 3rd Party Certification we are now more optimistic and are currently entertaining discussions with various Chinese companies in addition to mapping out our approach to attack and penetrate the Canadian market as well.”


FEATURED COMPANY

QMCI

GEN2MEDIA CORPORATION (OTCBB: GTWO)

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

Company Profile: http://www.otcpicks.com/gen2media-corp.htm

Gen2Media Corporation, a development stage company, owns a patent-pending technology for the display of online video. It operates a Web site, E360live.com, which is an online digital television service providing multi-channel video programming. The E360Live Network provides subscribers with access to various channels of video that is transmitted directly to the subscriber via the Internet and to the mobile device. The subscribers can watch pre-programmed channels or create their own channels by selecting from the list of approximately 15,000 music videos, television shows, movies, sports, events, concerts, and exclusives. The company was founded in 2006 and is based in Orlando, Florida.

GTWO News:

October 7 - Gen2Media Income Statement Now Online

Visit http://finance.yahoo.com/q/is?s=gtwo.ob&annual to access Gen2Media's most recent income statement.


FEATURED COMPANY

QMCI

NEOHYDRO TECHNOLOGIES CORPORATION (OTCBB: NHYT)

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

Company Profile:
http://www.otcpicks.com/featured-stock/neohydro-technology.htm

Neohydro Technologies Corp. engages in the acquisition and exploration of mineral resources. It intends to explore for gold. It owns interest in the Rio Lode Claim, which is located within the Yellow Pine Mining District of Clark County, Nevada. The company, formerly known as Rioridge Resources Corp., was founded in 2007 and is based in Piscataway, New Jersey.

NHYT News:

October 13 - Neohydro Technologies Corporation Awarded "Most Promising Energy & Clean Technology Company" at Rice Alliance Energy & Clean Technology Venture Forum

Neohydro Technologies Corp. (OTCBB: NHYT) was named one of the top ten most promising Energy & Clean Technology companies at the 6th Annual Rice Alliance for Technology & Entrepreneurship Energy & Clean Technology Venture Forum in Houston. Energy & Clean Technology companies showcased their new ventures for an audience of more than 600 attendees, including investors, venture capitalists, industry representatives, business leaders, advisors/mentors, service providers, and entrepreneurs.

Neohydro Technologies Corp. has developed a mobile water sterilization technology which uses a proprietary high-voltage electrolysis device that transforms water. The technology allows us to transform the way water is used in industrial and agricultural applications as well as in non-traditional applications. Neohydro can transform water into a safe and powerful sterilant for use in the medical industry. Water re-use is a fast-growing sector in many different industries.

On the surface, these applications seem unrelated, but due to unique properties of the technology, it is able to change the nature of the water itself. “Dirty” water, collected during oil and gas drilling, becomes usable for many industrial and agricultural applications, including irrigation. “Clean” water, becomes a sterilant capable of killing the most harmful of pathogens.

Neohydro’s proprietary technology uses only DC current and the waste water itself to naturally oxidize and kill all bacteria, virus, fungi, mold, BOD’s and COD’s. Perchlorates, arsenic, most metals, and all gases are neutralized during the sterilization process.

Dean Themy, CEO of Neohydro states, “I am very honored and pleased that our company has been recognized by such a prestigious group of individuals and corporations. Rice University is well-known as a top entrepreneurial university. Most recently, the Princeton Review named Rice University among the top schools in America for development of entrepreneurial companies. The audience included several CEO’s of fortune 100 companies, some of the finest venture firms, and many academics from around the world. This recognition further propels Neohydro by endorsing our technology and business plan.”

The one-day event culminated in an announcement of the Most Promising Energy & Clean Companies chosen from nearly 60 competitors and judged by the Rice Alliance Information Technology Advisory Board, based on the companies’ elevator pitch presentations. The exercise simulates meeting an investor on an elevator and having only 90 seconds to convince them to invest in your company.

Rice Alliance Managing Director Brad Burke, announced the winners of the Most Promising Energy & Clean Technology Company awards at the event. “Every year the quality of companies improves. Many of the companies at this year’s event have developed prototypes, obtained proven results and are on their second round of funding. This makes them more appealing to investors, who have also expressed appreciation for the quality of the companies.”

The Forum was supported by Chevron Technology Ventures, Locke, Lord, Bissell & Liddell, Shell, Kenda Capital, British Consulate General – Houston, UK Trade & Investment, UK Science & Technology, Huron Consulting Group, Applied Ventures, Canada Consulate General, Winstead, Leyendecker & Associates, with supporting organizations Greater Houston Partnership, Houston Technology Center, and Opportunity Houston and media sponsors Houston Business Journal and the BusinessMakers Radio Show.

October 13 - Neohydro Technologies Corp. Given 'Speculative Buy' Rating, Target Price $0.84 by Beacon Equity Research

Neohydro Technologies Corp. (OTCBB: NHYT) has received a “Speculative Buy” rating with a price target of $0.84 by Beacon Analyst, Victor Sula, Ph.D.

The full report is available at http://beaconequity.com/main/Covered-Companies/Neohydro-Technologies-Corp/(showAs)/short. (Due to its length, this URL may need to be copied/pasted into your Internet browser's address field. Remove the extra space if one exists.)

In the report, the analyst writes, “The Company is bringing a proven new technology to the wastewater industry, seeking a non invasive solution that follows environmental laws, does not harm the human race, and helps conserve the earth’s most precious commodity — water. The water is treated on-site with no toxic chemicals, using only electrical power, NHYT’s proprietary electrodes and wastewater. In fact, NHYT is the only company that uses high voltage electrolysis to generate electro oxidants.”

Other companies in wastewater treatment sector include: Ecolab Inc. (NYSE: ECL), Calgon Carbon Corp. (NYSE: CCC), Halliburton Co. (NYSE: HAL) and Baker Hughes Inc. (NYSE: BHI).


FEATURED COMPANY

IMAGE

COPPER KING MINING CORPORATION (OTC: CPRK)

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

Company Profile:
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:

October 14 - Copper King Mining Corporation Announces Further Mining Updates

Copper King Mining Corporation (OTC: CPRK), an ore mining, processing, and exploration company located in Southern Utah, provided further updates concerning its operations.

Ore Body Discoveries

New drillings in the company’s current mine locations recently revealed that the ore body present is much larger than expected. In three drilled holes, several hundred feet from the known ore body, the company discovered extended intervals of over 1.00% copper, with corresponding gold and silver averages. Current “Check” assays from Chemex confirmed that the high-grade ore from the company’s Hidden Treasure mine is over 50% copper with a substantial gold credit equivalent of over 0.05 ounces per ton.

Mill Completion and Positive Cash Flow

The company expects the Flotation Mill to be fully online and the flow sheet perfected by January 2009, with positive cash flow following. The company expects to be in a position to pay its first dividends by June 2009.


FEATURED COMPANY

QMCI

PERF GO GREEN HOLDINGS INCORPORATED (OTCBB: PGOG)

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

Company Profile:
http://www.otcpicks.com/perf-go-green/perf-go-green.htm

Perf Go Green Holdings, Inc. is engaged in the creation and global marketing of 100% eco-friendly, non-toxic, food-contact-compliant, biodegradable plastic products. All Perf Go Green products are made from recycled plastics and completely break down in landfill within two years, leaving no toxic or visible residue, as compared to other plastics that take hundreds of years. Perf Go Green’s corporate name reflects its “Go Green” mission to develop, market and distribute biodegradable plastic products as a practical and viable solution to eliminating plastic waste from the world environment.

PGOG News:

October 8 - Perf Go Green Products Hit Retail Shelves Nationwide

Perf Go Green Holdings, Inc. (OTCBB: PGOG) (“Perf Go Green”), a marketer and distributor of biodegradable plastics, announced that its 13-gallon kitchen trash bags and 30-gallon lawn and leaf bags are on retail shelves at more than 6,000 Walgreens locations throughout the U.S.

“Our roll-out at Walgreens took place right on schedule in mid-September,” said Chairman and CEO Tony Tracy. “We are thrilled that our biodegradable bags are available nationwide with this leading retailer, offering consumers an easy, cost-effective way to reduce plastic waste and benefit the environment as they shop for household necessities. Reception by consumers has been enthusiastic and, in fact, we've already received three re-orders from Walgreen's.

“From the get go, Perf Go Green's goal has been to offer a 'green' plastics platform to households and business all over the U.S. With the completion of our launch at Walgreens, as well as the many other retail launches and commercial conversions we have on tap for this fall, we're poised to make that goal a reality. Perf Go Green is helping to lead the way in the 'go green movement,' which analysts project will become a $500 billion market in the U.S. by 2009.”

Walgreens is the nation's largest drugstore chain with fiscal 2007 sales of $53.8 billion.

Founded in November 2007, Perf Go Green premiered at the March 2008 International Home and Housewares Show in Chicago, where its products received an honor for their design quality and innovation.

Perf Go Green products incorporate recycled plastics that are combined with an Oxo-Biodegradable proprietary application method to produce the film for the bags. Based on environmental claims statements made by the manufacturer of the Oxo-Biodegradable applied to our bags, when discarded in soil and exposed to the presence of microorganisms, moisture and oxygen, we believe Perf Go Green products biodegrade, decomposing into simple materials found in nature within two years, as opposed to regular plastics, which can take hundreds of years to break down. Through this process and the use of recycled plastics, the company effectively removes plastic waste from the environment. In addition, Perf Go Green kitchen trash bags utilize a unique patented dispensing system that stores the bags on the bottom of trashcans and dispenses them one at a time.

According to Landor Associates, the “go green movement” is poised to become a $500 billion market in the U.S. by 2009.

October 8 - Perf Go Green Holdings Given 'Speculative Buy' Rating, Target Price $3.75 by Beacon Equity Research

Perf Go Green Holdings (OTCBB: PGOG) has received a “Speculative Buy” rating with a price target of $3.75 by Beacon Analyst, Victor Sula, Ph.D.

The full report is available at http://beaconequity.com/main/Page-data/ Adpages/Perf-Go-Green-Holdings-Inc.-OTCBB-PGOG. (Due to its length, this URL may need to be copied/pasted into your Internet browser's address field. Remove the extra space if one exists.)

In the report, the analyst writes, “We anticipate a very rapid ramp-up for PGOG’s revenues in 2009 and over the next three to five years as a result of the environmental advantages of the Company’s biodegradable bag technology, PGOG’s steady progress in establishing distribution channels through leading national retailers, and a steady stream of extensions to its existing product lines. The annual U.S. market for trash bags alone exceeds $3.0 billion; we believe the potential market PGOG may address with product line extensions could easily create a $5.0 billion annual sales opportunity.”

Other companies in the environmental products/plastic bag brands sector include: Clorox Company (NSYE: CLX), Pactiv Corp. (NYSE: PTV), China Green Material Technologies Inc. (OTCBB: CAGM) and Biopack Environmental Solutions Inc. (OTCBB: BPAC).


STOCKS TO WATCH

BEBIDA BEVERAGE COMPANY (OTC: BBDA)
"Up 47.06% in morning trading"

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

The company, formerly known as Fortis Enterprises, was founded in 2000 and is based in Casselberry, Florida. On Sept. 4, 2008, Renovo Holdings announced that the company had changed its name to Bebida Beverage Company and would be locating the base of the company's North American presence in Las Vegas, NV. Rodrigo Makarios leads the management team and operations from facilities located in Sao Jose dos Pinhais, Brazil. Bebida Beverage Company under the leadership of President Makarios will concentrate operations on the bottled water and enhanced beverage markets of North and South America. Bebida's management will focus the company's business efforts within the United States and key target markets within Latin America.

BBDA News:

October 15 - Bebida Beverage Company Discloses Spring Water Capacity and Bottling Discussions

Bebida Beverage Company (OTC: BBDA) announced that the company has entered into discussions regarding a potential partnership affiliation for increased spring water source and bottling capacity.

Additionally, the company would like to take the opportunity to formally announce that the company is now listed under the new trading symbol BBDA.

Piranha Spring Water is being marketed by Bebida Beverage Company toward youthful and active consumers with the motto “Take A Bite Out Of Thirst”. Bebida recently announced a new distribution channel for Piranha Spring Water which will significantly assist Bebida to achieve expedited growth of product availability in the marketplace.

Bebida would like to disclose that the company has opened discussions which would provide for increased spring water source and bottling capacity. The marketing campaign for Piranha Spring Water is focused on increasing brand awareness in addition to driving consumer demand as Piranha Spring Water begins to enter retail distribution channels. Discussions of a potential partnership affiliation for source and bottling capacity are under review.

The company appreciates the support that many investors have exhibited toward the company during the early growth stages of Bebida’s business operations. As of October 15, 2008, the common stock outstanding for the company is 1,119,087,549 shares. The company is in the process of retiring a block of common stock which will reduce the number of shares outstanding in an effort to increase shareholder value.


ENDOCARE INCORPORATED (NASDAQ: ENDO)
"Up 20.00% in morning trading"

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

Endocare, Inc. is an innovative medical device company focused on the development of minimally invasive technologies for tissue and tumor ablation. Endocare has initially concentrated on developing technologies for the treatment of prostate cancer and believes that its proprietary technologies have broad applications across a number of markets, including the ablation of tumors in the kidney, lung and liver and palliative intervention (treatment of pain associated with metastases).

ENDO News:

October 15 - Endocare and Former CEO Paul W. Mikus Agree to Terminate Indemnification Agreement

Endocare, Inc. (Nasdaq: ENDO), an innovative medical device company focused on the development of minimally invasive technologies for tissue and tumor ablation, announced that it has entered into an agreement with its former CEO Paul W. Mikus that terminates Mr. Mikus' indemnification agreement in exchange for Endocare's waiver of certain severance and legal fee reimbursement rights. As a result of this new agreement, Endocare is no longer obligated to pay any future legal costs for Mr. Mikus.

Endocare CFO Michael R. Rodriguez said, "This agreement brings to a close our indemnification of former management and a long, expensive chapter for Endocare. It finally and immediately ends what has been a significant expense and allows management to focus more completely on building our business."

Endocare had previously announced a similar agreement with its former CFO. For more information regarding the agreement with Mr. Mikus, please see the related Form 8-K filed by Endocare today with the Securities and Exchange Commission.


ELRAY RESOURCES INCORPORATED (OTCBB: ELRA)
"Up 21.21% in morning trading"

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

Elray Resources, Inc. is a junior exploration and development Corporation which has successfully accumulated a portfolio of four highly prospective, heavily mineralized mining tenements in Cambodia and Mexico. Elray Resources primary objective is to source potential and viable projects, conduct geological assessments and seek Joint Venture partners to develop the properties. Elray Resources 100% controlled entity in Cambodia is Angkor Wat Minerals Ltd.

ELRA News:

October 15 - Elray Enters JV to Develop Indonesian Zircon Sands Project

Elray Resources, Inc. (OTCBB: ELRA), a technically-driven gold and precious metal mineral exploration company, announced that it has acquired a 50% interest in a highly promising zircon sands mining project in Central Kalimantan, Indonesia.

The joint venture partner, PT. Indo Imperial Resources Tambang, has been successfully operating the project on a small scale for the last two years, and is teaming up with Elray Resources to provide the resources and technical expertise required to take production to the next level.

Data available from the project demonstrates that the zircon is of a very high quality so will command premium prices.

Elray Resources intends to conduct a comprehensive exploration program and independent feasibility study on the project. This will largely comprise drilling / test pitting programs, trace element analysis, metallurgical testing for plant specification and design, and financial modelling. By-product opportunities, including for gold, illmenite and rutile will be investigated.

"With increasing demand for high quality zircon, particularly in China, this project has the potential to very successful," commented Mr. Barry Lucas, Executive Chairman of Elray Resources. "The project requires low capital expenditure to increase production and we fully expect the use of new more efficient recovery technologies to enable rapid revenue stream development and attractive returns."


WESTPORT INNOVATIONS INCORPORATED (NASDAQ: WPRT)
"Up 23.11% in morning trading"

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

Westport Innovations, Inc. engages in the research, development, and marketing of engines and fuel systems that use compressed natural gas, liquefied natural gas (LNG), hydrogen, and hydrogen-enriched compressed natural gas (CNG) fuels. The company offers high pressure direct injection natural gas engines for heavy-duty trucks and high horsepower applications, such as mine-haul trucks and power generators; compressed natural gas direct injection engines for light- to medium-duty trucks and city work vehicle engines; hydrogen direct injection hardware and electronic controls; hydrogen-enriched compressed natural gas engines; and lean burn sparked ignited natural gas or liquefied petroleum gas engines for transit buses and medium-duty trucks. It also provides direct-injection gaseous-fuel injectors; combustion technology; cryogenic storage and delivery tanks and pumps; compressors; after treatment systems; and LNG and CNG refueling infrastructure. Westport Innovations primarily sells its products in North America, Asia, Europe, and South America. The company, through its joint venture with Cummins, Inc., also manufactures and sells a range of natural gas and propane engines in North America and Australia. It also has a joint venture with Beijing Tianhai Industry Co., Ltd. to market LNG fuel tanks for vehicles in China. In addition, Westport Innovations has a joint venture agreement with Weichai Power Co., Ltd. and Hong Kong Peterson (CNG) Equipment Limited to research, develop, design, manufacture, market, distribute, and sell alternative fuel engines for use in automobiles, heavy duty trucks, power generation, and shipping applications. The company was founded in 1995 and is headquartered in Vancouver, Canada.

WPRT News:

October 15 - Cummins Westport Inc. and Cummins India Ltd. Announce Order for 3,125 Natural Gas Engines

Cummins Westport Inc. ("CWI"), a joint venture of Cummins Inc. (NYSE: CMI) and Westport Innovations Inc. (Nasdaq: WPRT), together with Cummins India Ltd. ("CIL"), announced that the Delhi Transport Corporation ("DTC") has ordered 3,125 natural gas buses equipped with CWI's B Gas Plus engines. The 230 horsepower B Gas Plus engines, powered by compressed natural gas (CNG), are licensed by CWI and manufactured by CIL.

"We are delighted that DTC, already one of the world's leading eco-friendly transit fleets, has selected CWI in their continuing contribution towards cleaning up the environment of the nation's capital in India. This order of over 3,000 engines, our single largest to date, highlights both the quality of our products and our efforts to make our clean burning, natural gas engines available around the world," said Guan Saw, CWI's President. "Our natural gas engines provide significant benefits to consumers facing global concerns around energy security and high fuel prices. The economic benefits are equally matched by the positive environmental benefits by reducing harmful emissions such as particulate matter (PM) and oxides of nitrogen (NOx)."

"We are excited about providing dependable, fuel efficient, environmentally friendly solutions in India. The B Gas Plus engine is a great example of this," said Anant Talaulicar, CIL Chairman and Cummins Vice-President.

According to NGVAmerica, the New Delhi Natural Gas Vehicle Program has halved the air pollution in comparison to ten years ago. Approximately 60,000 auto rickshaws in New Delhi, India were required to convert to compressed natural gas (CNG) for fuel. A decade later, the government has issued a report hailing the success of the program, showing that, while the number of vehicles on the road has doubled, the pollution rate has halved. Outside of New Delhi, ten other major Indian cities also have aggressive natural gas vehicle conversion programs. As a result, the amount of petroleum used in the country has been cut dramatically from projected levels-a significant and cost-saving achievement for a country that has to import 70% of its diesel and gasoline.

ABOUT CUMMINS INDIA LIMITED

Cummins India Limited, headquartered in Pune since 1962, is the country's leading manufacturer of diesel and natural gas engines for power generation, industrial and automotive markets. Cummins India Limited is the largest among the Cummins affiliated companies in India.

ABOUT THE DELHI TRANSPORT CORPORATION (DTC)

Delhi Transport Corporation (DTC) is one of the main public transport operators of Delhi and operates over 3,000 CNG buses on 773 routes throughout Delhi and surrounding areas. Delhi operates one of the largest CNG bus fleets in the world. Air quality in New Delhi has improved dramatically since a Supreme Court order in 2002 mandated the city's entire bus fleet to convert to cleaner-burning CNG.

ABOUT CUMMINS WESTPORT INC.

Cummins Westport Inc. manufactures and sells the world's widest range of low-emissions alternative fuel engines for commercial transportation applications such as trucks and buses. CWI is a joint venture of Cummins Inc. (NYSE: CMI), a corporation of complementary business units that design, manufacture, distribute and service engines and related technologies, including fuel systems, controls, air handling, filtration, emission solutions and electrical power generation systems, and Westport Innovations Inc. (Toronto: WPT.TO) (Nasdaq: WPRT), a leading developer of technologies that allow engines to operate on clean-burning fuels such as natural gas, hydrogen, and hydrogen-enriched natural gas (HCNG).


GENTA INCORPORATED (OTCBB: GNTA)
"Up 18.52% in morning trading"

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

Genta Incorporated operates as a biopharmaceutical company with a diversified product portfolio that is focused on delivering products for the treatment of patients with cancer. Its research portfolio consists of two programs, DNA/RNA Medicines and Small Molecules. The company's lead compound from its DNA/RNA Medicines program is Genasense oblimersen sodium) injection that is designed to block the production of a protein, known as Bcl-2, which is a fundamental cause of the inherent resistance of cancer cells to anticancer treatments, such as chemotherapy, radiation, and monoclonal antibodies. Genta Incorporated is recruiting patients to the AGENDA Trial, a global Phase III trial of Genasense in patients with advanced melanoma. Its lead drug in its Small Molecule program is Ganite gallium nitrate injection), which is marketed in the United States for the treatment of symptomatic patients with cancer-related hypercalcemia that is resistant to hydration. The company also develops G4544, an oral formulation of the active ingredient in Ganite, which entered clinical trials as a potential treatment for diseases associated with accelerated bone loss. In addition, it is developing tesetaxel, an orally absorbed, semi-synthetic taxane that is in the same drug class as paclitaxel and docetaxel. The company was founded in 1988 and is based in Berkeley Heights, New Jersey.

GNTA News:

October 6 - Genta Updates Progress of its Phase 3 Trial of Genasense® in Patients with Advanced Melanoma

AGENDA Trial Expected to Complete Accrual Early 2009

Genta Incorporated (OTCBB: GNTA) announced the presentation of a progress update from the Company’s ongoing Phase 3 trial of Genasense® (oblimersen sodium) Injection, Genta’s lead oncology product, in patients with advanced melanoma. A pooled analysis of data from this study, which remains blinded, was compared with the Company’s previous data from a similarly designed randomized trial. The comparative analysis shows that to date AGENDA has enrolled patients with similar demographics, and also that the aggregate incidence of serious adverse events is comparable. The data were presented this past weekend by Dr. Agop Bedikian at an international symposium entitled Perspectives in Melanoma XII in The Hague, The Netherlands.

AGENDA is a Phase 3, randomized, double-blind, placebo-controlled trial that is intended to support global registration of Genasense for patients with advanced melanoma. The study is designed to confirm certain safety and efficacy results from Genta’s prior randomized trial of Genasense combined with dacarbazine (DTIC) in patients identified by a biomarker who have not previously received chemotherapy. The co-primary endpoints of AGENDA are progression-free survival and overall survival.

To date, approximately 60% of the planned 300 patients have been accrued. Target accrual of 300 patients is expected to complete in the first quarter of 2009. Clinical characteristics of the first 150 patients accrued to AGENDA (not identified by treatment group) were shown to be similar to the biomarker-defined population that was accrued in the previous Phase 3 trial of Genasense, known as GM301. Moreover, the overall incidence of serious adverse events in AGENDA has been comparable to this population in the preceding trial.

“AGENDA is probably the most important Phase 3 trial currently open for patients with advanced melanoma, said Dr. Bedikian, Professor, Melanoma Medical Oncology, and Associate Clinical Medical Director, Melanoma/Skin Center at the M.D. Anderson Cancer Center, Houston, TX. “With enrollment winding to a close in the very near future, we are eagerly looking forward to our next study with Genasense that will use the newly designed short infusion schedule, and to the results from AGENDA that are expected in 2009.”

ABOUT AGENDA

AGENDA is a global Phase 3, randomized, double-blind trial in patients with advanced melanoma. The study is designed to confirm certain safety and efficacy results from an antecedent randomized trial of Genasense combined with dacarbazine (DTIC) in patients who have not previously received chemotherapy (GM301). AGENDA employs a biomarker to define those patients who derived maximum clinical benefit during the preceding study. These patients are characterized by low-normal levels of LDH (lactate dehydrogenase), a tumor-derived enzyme that is readily detected in blood.

ABOUT GENASENSE

Genasense inhibits production of Bcl-2, a protein made by cancer cells that is thought to block a key pathway of chemotherapy-induced cell death (apoptosis). By reducing the amount of Bcl-2 in cancer cells, Genasense may enhance the effectiveness of current anticancer treatment. Genta is pursuing a broad clinical development program with Genasense evaluating its potential to treat various forms of cancer.


NEXTWAVE WIRELESS (NASDAQ: WAVE)
"Up 18.25% in morning trading"

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

NextWave Wireless Inc. provides a portfolio of next-generation mobile multimedia and wireless broadband technology solutions to the world’s leading mobile handset manufacturers, consumer electronics manufacturers and wireless service providers. From device-embedded mobile multimedia software to digital home products, NextWave solutions can be found in more than 250 million devices around the globe.

WAVE News:

October 15 - Digifriends, NextWave Wireless Announce WiMAX Device Collaboration

Digifriends to Deliver Feature-Rich, Mobile Internet Device - Powered by NextWave's WiMAX Chipset; Sparking WiMAX Excitement through the Proliferation of New Multimedia Device Possibilities

On a mission to accelerate global WiMAX adoption, Digifriends Co. Ltd., one of Korea’s leading mobile WiMAX and portable multimedia device makers and NextWave Wireless Inc. (Nasdaq: WAVE), a global provider of wireless broadband and mobile multimedia products, announced the development of a sophisticated, WiMAX-enabled Mobile Internet Device (MID) – the M3 – powered by NextWave’s NW2000 WiMAX chipset. Expected to debut in 2H 2009, the much anticipated MID will bring new mobile multimedia features to the palms of global users, by tapping the power of WiMAX to deliver higher-speed access to next-generation content and services.

The Digifriends—NextWave relationship symbolizes the innovation WiMAX will bring to the international marketplace. By focusing on the development of robust, feature-rich devices that leverage the advantages of WiMAX connectivity, the two companies expect to advance end-users’ mobile multimedia experiences, expand operator service innovation, and spur WiMAX adoption, globally.

Embedded with NextWave’s Wave 2-ready “No Compromise” NW2000 WiMAX chipset, the M3 MID is optimized to deliver outstanding performance of bandwidth-intensive mobile multimedia applications, including advanced gaming, streaming video of user-generated content, video conferencing/chat, Voice-over-IP (VoIP) and, where supported by operators, NextWave’s MXtv™ mobile broadcast over WiMAX feature. The M3 also allows for high-speed Internet browsing, integrated WiMAX-WiFi-Bluetooth connectivity and offers a number of distinctive add-on accessories and peripheral components, including a keyboard, stand and speakers, to further extend WiMAX-powered service opportunities.

“We expect to see an explosion of consumer and operator excitement for WiMAX in 2009, fueled by the introduction of innovative devices – like the M3 – that offer end-users a completely new mobile multimedia experience,” said Byung Kang Park, CEO, Digifriends. “We are confident that the M3’s entry into the global market will accelerate the path to WiMAX, as it offers unique features that leverage the innovative technology found in NextWave Wireless’ WiMAX chipset.”

“As the WiMAX market matures and the demand for devices grows stronger, device manufacturers, like Digifriends, will need to distinguish themselves in the market by delivering solutions that exceed end-user and operator expectations,” said James Brailean, Ph. D., CEO, Mobile Products Division, NextWave Wireless. “We believe our WiMAX chipset is that distinguishing factor, and will set Digifriends’ M3 Mobile Internet Device apart from other WiMAX devices available. Our chipset was designed with a “No Compromise” approach so that once embedded into a device, users can experience a full mobile multimedia experience without compromising on features, performance or battery life.”

NextWave’s NW2000 family of advanced mobile WiMAX chipsets is ideally suited for high-volume, small form-factor wireless broadband devices. The chipset includes an 802.16e-based mobile subscriber baseband System-On-a-Chip (SoC), and complementary single-chip, highly integrated, multi-band Radio Frequency (RF) transceivers, offering optimized dual independent receive chains for mobile applications. Evaluation/System Development Kit samples were made available in Q2 2008, enabling wireless device manufacturers the opportunity to quickly and cost-effectively develop mobile WiMAX products.

Other exciting features of the M3 MID include: a 1.3-inch hard disk drive with capacities rated at between 30 and 60GB, and two built-in digital cameras – a 2MP camera for capturing still images and a 0.3MP Webcam on the screen side – empowering users with mobile video chat functionality.

ABOUT DIGIFRIENDS

Digifriends has been a leading enterprise in the WiBro/mobile WiMAX business since 2005 and is currently preparing to freshly embark on the WiBro/mobile WiMAX Era outside South Korea. Digifriends is a leading mobile WiMAX and portable multimedia product system maker in Korea. Digifriends has its own design, hardware developing system, WiMAX(WiBro) module, miniCard, USB modem and portable device technology with more than 6 years of experience. With this experience Digifriends has become the standard in Korea for MID production and development. Digifriends is taking revolutionary steps in embarking in the global market.


CANNON EXPLORATION INCORPORATED (OTC: CNEX)
"Up 97.14% in morning trading"

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

Cannon Exploration is positioning itself to emerge as a pre-eminent resource exploration company in the North American mining industry, and particularly properties located in preferred mining districts in Canada.

CNEX News:

October 2 - Cannon Explorations Inc., Queen Alexandra Gold Mine: Announces Start of Next Stage and Crew Mobilization

Cannon Exploration Inc. (OTC: CNEX) announces that mobilization of the field crew that will perform the next stage of exploration on the company's "Queen Alexandra" gold mine, has begun, and work will commence within the next few days.

The company has approved of the proposed work program, which will see Major Management Exploration Services ("MMES") complete the grid on the property, and conduct ground geophysics, east and west of the shaft. The program also includes the collecting of rock samples along the geophysical conductor axis, and thorough investigation of the old shaft area and rock structure.

The Queen Alexandra gold mine is located just outside of the town of Dryden, in northern Ontario, Canada. MMES, who has been involved in various exploration and development programs in Canada for the past 40 years, will perform the work.

Cannon Exploration Inc., a quality mineral resource exploration company involved in resource and mineral exploration and development in the North American marketplace, is focusing primarily on properties located in preferred mining districts in Canada.

 
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