OTCPicks.com

FEATURED COMPANY

GREENCHEK TECHNOLOGY INCORPORATED (OTCBB: GCHK)
"Up 5.20% in morning trading"

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

MONEY4GOLD HOLDINGS INCORPORATED (OTCBB: MFGD)

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

Company Profile: http://www.otcpicks.com/money4gold-holdings.htm

Money4Gold’s mission is to increase shareholder value by producing gold, platinum and silver in increasing quantity, and without the risks of mining, large capital costs or the attendant environmental and political hazards. Management believes Money4Gold can offer the upside potential of the thriving precious metals markets by the broad-scale acquisition, recycling and production of gold, platinum and silver, while concurrently providing a new level of service and payout to individuals and groups wanting to sell their precious metals. Through Money4Gold’s consumer websites, including www.Dollars4Gold.com, the company strives to provide the most convenient, efficient and secure method for individuals to recycle items containing precious metals.

MFGD News:

October 20 - Money4Gold Holdings Inc. Excels During First Quarter as Public Company

Money4Gold Holdings Inc. (OTCBB: MFGD) has completed its first full quarter of operations as a public company, experiencing significant growth while validating operating models.

The Company initiated operations in the second quarter and began recognizing revenue in July. Management has found a direct correlation between requests from customers to receive the Company’s mailer permitting them to send in gold and other recyclable precious metals, and the revenue the Company recognizes. The number of requests has dramatically increased, which will be reflected in our revenue for the fourth quarter of 2008. The Company is also achieving payment acceptance rates of approximately 95%, indicating that Money4Gold’s payout percentages have been directly in line with or exceeding customer expectations.

“The 3rd quarter was a very successful testing phase for our expanded marketing, collection, refining, and customer relations initiatives,” stated Daniel Brauser, president and chief operating officer of Money4Gold Holdings, Inc. “Our performance exceeded internal expectations, completely supported our business model assumptions, and the results from the second half of September to date, which will be recognized in the fourth quarter, indicate further significant growth as we continue to execute in the 4th quarter.”

With confidence gained from the Company’s successes thus far, management will continue to expand on Money4Gold’s multi-tiered marketing campaign encompassing radio, television, on-line, and alternative media in the 4th quarter.

Money4Gold Holdings Inc., plans to release 3rd quarter financials during November.

October 20 - Money4Gold Holdings Inc. Rated 'Speculative Buy,' Target Price $1.17 by Beacon Equity Research

Money4Gold Holdings Inc. (OTCBB: MFGD) has been rated a “Speculative Buy,” with a price target of $1.17 by Beacon Research Analyst, Victor Sula, Ph.D.

The full report is available at http://beaconequity.com/main/Page-data/Adpages/MFGD.

In the report, the analyst writes, “The Company launched its business in a test phase in this year’s third quarter and achieved results exceeding expectations. Going forward, MFGD has begun print, TV and radio advertising. … MFGD’s business model allows the Company to capitalize on rising demand for recycled precious metals, avoid mining risk and minimize its overhead spending and cost structure.”

Other companies in the industrial metals & mineral industry include: BHP Billiton Ltd. (NYSE: BHP), Peabody Energy Corp. (NYSE: BTU), CONSOL Energy Inc. (NYSE: CNX) and Fording Canadian Coal Trust (NYSE: FDG).

FEATURED COMPANY

BRITE-STRIKE TECHNOLOGIES INCORPORATED (OTC: BSTI)

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

Company Profile: http://www.otcpicks.com/brite-strike/brite-strike.htm

Brite-Strike Tactical Illumination Products, Inc. was started by two police officers to create world-class tactical LED flashlights that had the features that police officers and citizens need to keep them safe. Brite-Strike makes a promise to always use the latest technology, world-class components, highest design and manufacturing standards, so consumers can rely on Brite-Strike products when they are needed.

BSTI News:

October 6 - Brite-Strike Tactical Illumination Products, Inc. Receives Solar Product Patent

Brite-Strike Tactical Illumination Products, Inc. (OTC: BSTI) announced that it and Glenn Bushee, President of the Company, were awarded US Patent No. 7,350,692, for a Solar Powered Mailbox/Driveway Lamp. The product, the first commercial product the company has developed which utilizes LED lighting powered exclusively by small solar panels, will be introduced in 2009. The Company plans on developing and distributing products which have the potential to revolutionize the use of LED lighting in this country, through a wholly owned division, Brite-Strike Technologies.

"This product will be our first entry that marries the energy efficiency of LED light with the portability of solar," said Glenn Bushee, President of Brite-Strike. "The technology we developed for our revolutionary tactical flashlights has direct applications for many lighting applications, as we can produce a light far brighter than those currently available in the marketplace. LED lights only use 5% of the equivalent energy of incandescent lights, with almost no heat, so developing products utilizing this technology can make major inroads in cutting energy consumption in this country. Our first product will be of the highest quality, and will function as a driveway lamp with mailbox light, address number lights, and an optional motion-activated light with camera-all powered by solar, with no external wiring required. It will offer incredible value for the consumer. We have other more significant products which we are working on, which will be announced in the weeks to come," said Mr. Bushee.

FEATURED COMPANY

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

WIND ENERGY AMERICA INCORPORATED (OTCBB: WNEAE)

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

Company Profile:
www.otcpicks.com/wind-energy-america/wind-energy-america-2.htm

Wind Energy America Inc. develops and operates wind energy projects in the Great Plains and the Midwest, regions known for their high quality wind energy resources. The Company owns interests in three wind farms: Shaokatan Hills LLC, Lakota Ridge LLC and CHI Energy. At present, WNEA owns a developer's stake and a minimal interest producing negligible cash flow in these wind farms. Over the next two years the developer’s stake will begin producing significant cash flow from these projects. The three wind farms together contain 79 modern wind turbines and have a total rated capacity of 53.5 megawatts (MW). They are collectively generating approximately 160 million kilowatt hours (kWh) of electricity annually. In addition to these properties, the Company owns a 3 percent equity interest in Averill Wind LLC, a 10 MW wind farm being developed near Fargo, N.D., another region favorable for wind power energy.

WNEAE News:

September 23 - Wind Energy America, Inc. Signs Services Agreement with Outland Renewable Energy, LLC

Wind Energy America Inc. (OTCBB: WNEAE) ("WNEA") announced that Outland Renewable Energy LLC (Outland) has signed a services agreement for four newly acquired Gamesa wind turbines in Minnesota and Iowa. These wind turbines represent 5.7 megawatts of new wind capacity for WNEA.

It is expected that Outland will work alongside Gamesa, who has a similar arrangement with WNEA for its wind turbines in Iowa. “We are pleased to be contracting with Outland for these services,” said Bob Knutson, managing director for WNEA. “Outland is known for the quality of the services they provide and for maintaining an extremely safe work environment. We expect this to be the beginning of a close working relationship involving WNEA projects across the upper Midwest.”

Outland’s Chief Operating Officer, Steve Scott, said, “We’re excited to support WNEA in the commissioning and on-going operations and maintenance of these turbines. We know the technology quite well and they’re right here in our own back yard. It’s a good fit for both companies.”

ABOUT OUTLAND RENEWABLE ENERGY LLC

Outland Renewable Energy is a leader in the development, construction and maintenance of wind facilities in the United States. With more than 100 full time employees in the US, the Company maintains their development office in Chaska, Minnesota and manages all operations from Canby, Minnesota.

FEATURED COMPANY

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.

STOCKS TO WATCH

RMD ENTERTAINMENT GROUP (OTC: RMDM)
"Up 100.00% in morning trading"

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

RMD Entertainment Group, an entertainment company, primarily focuses on the development and marketing of hip-hop music in the United States and internationally. It develops and markets hip-hop music, including compact discs, digital downloads, and personal ring tones for mobile phone customers, as well as other hip-hop lifestyle products. The company has also created MOTV, which streams video content to mobile devices, including cell phones and PDAs. It markets its products primarily through distributors. RMD Entertainment Group is based in Philadelphia, Pennsylvania.

RMDM News:

October 20 - RMD Entertainment Group Appoints New CEO and New Management

RMD Entertainment (OTC: RMDM) announced the appointment of Mr. Wynn Wang as its new President and CEO. Wynn established Beijing Innotrek Technology CO., Ltd in November 2003 as a high technology enterprise. Wynn was also instrumental to the development of proprietary new technologies that have been successfully patented.

Wynn quickly attracted a team of professional staff with outstanding backgrounds in various important corporate functions, i.e., marketing, technical etc.

Other appointees to the RMD management team include Mr. Tao Cheng as Managing Director in Technology and Mr. Wu Dan as COO. Wynn is also pleased to have accepted Mr. Winters' appointment as RMD's Secretary, Corporate Affairs and Expansions and Compliance Officer. Mr. Wang said "There appears to be some abuse vis-a-vis the previous management's share distribution and payments for services in shares. Mr. Winters has already received written confirmation for the return of 1.7 billion shares which will immediately be retired to the treasury and he is currently discussing the best way to recover an additional approximately 3 billion shares back that appear to have been issued without due consideration with our legal advisors. It is my opinion that Mr. Winters is the most qualified and most aggressive candidate for assisting us in recovering these shares. Mr. Winters has already contacted the company's transfer agent to begin this process.

Our first line of business is to return some respectability to our unfairly battered share price. Mr. Winters has already identified 1 possible game developer merger candidate for us in Australia. We will keep our shareholders advised of all events promptly"

Innotrek focuses on research and development of advanced broadband technology using Power Line Communication (PLC), long a promising, but unfulfilled, technology to provide broadband over existing copper and cable wires. The Company has developed a proprietary technological approach that resolves the issues commonly encountered when trying to install this type of service. This allows hotels to offer broadband services over existing infrastructure at a much lower cost than alternative forms of LAN networks, while meeting the requirements of ISO 9000. Wynn was also instrumental to attaining patent rights for the proprietary technology Innotrek has developed.

OPTIONABLE INCORPORATED (OTCBB: OPBL)
"Up 104.55% in morning trading"

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

Optionable, Inc. offers trading and brokerage services to brokerage firms, financial institutions, energy traders, and hedge funds in the United States. The company provides brokerage services for energy derivatives, primarily natural gas derivatives on the futures market and the OTC market. It also provides floor brokerage services at the New York Mercantile Exchange. The company offers its services through an automated electronic trading platform. Optionable, Inc. was founded in 2000 and is headquartered in Valhalla, New York.

OPBL News:

October 21 - Shareholders' Class Action Lawsuit Against Optionable Inc. Dismissed

Optionable Inc. (OTCBB: OPBL) announced that a federal judge has dismissed a shareholder class action lawsuit against the Company. U.S. District Judge Lewis A. Kaplan of the Southern District of New York issued his ruling on Monday noting that the shareholder lawsuit, which claimed that Optionable had misled investors, was deficient. The dismissal is subject to possible appeal by the plaintiffs.

SONORAN ENERGY INCORPORATED (OTC: SNRN)
"Up 50.00% in morning trading"

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

Sonoran Energy, Inc., an independent oil and gas company, engages in the acquisition, development, production, and exploration of oil and gas properties primarily in North America. Its principal properties consist of proved and unproved oil and gas properties in Louisiana and Texas. The company, formerly known as Showstar Online.com, Inc., was founded in 1995 and is based in Dallas, Texas.

SNRN News:

October 16 - Sonoran Energy Provides Operational Update, Progress on KWB Field Redevelopment

Sonoran Energy, Inc. (OTC: SNRN), the independent oil and gas exploration and production company, has successfully reached another milestone in its Central Texas KWB Work program. The program involves the re-entry, re-activation and re-completion of a number of non-producing wells in the Company's KWB field in Tom Green County, Texas.

Sonoran's KWB field has reached a production rate of 850 thousand cubic feet (MCF) per day after a successful hydraulic fracture stimulation of the KWB # 66 well. As the well cleaned up post-treatment, the rate has increased steadily. Combined with installation of plunger lift in the KWB #26 well, and the optimization in other producers in the field, the KWB field's average production rate has been increased by 61% week-on-week. The continued success in Central Texas represents a significant step forward towards Sonoran's goal of creating additional shareholder value.

Peter Rosenthal, Sonoran Energy's CEO commented: "The recent successes at KWB indicate that we have directed our very limited development capital in the right direction. As previously reported, the lack of production from our Louisiana assets has created a significant cash flow shortage for the Company and has resulted in a default under our Term Credit Agreement with Standard Bank. We still believe that our Louisiana assets have greater long term potential, but our current capital constraints dictate that we focus on KWB. We are currently negotiating with several parties to obtain funding for current operations and to continue development of our Louisiana assets. We are also seeking funds to refinance our existing debt. In the interim, our focus on KWB is slowly moving the Company to a profitable operating level."

TVI CORPORATION (NASDAQ: TVIN)
"Up 21.05% in morning trading"

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

TVI Corporation, headquartered in Glenn Dale, Maryland, is an international supplier of military and civilian emergency first responder and first receiver products, personal protection products and quick-erect shelter systems. These products include powered air-purifying respirators, respiratory filters and quick-erect shelter systems used for decontamination, hospital surge systems and command and control. The users of these products include military and homeland defense/homeland security customers. Through its Signature Special Event Services business, TVI is a leading full-service shelter and equipment rental company serving the government and defense, corporate, sporting and hospitality industries.

TVIN News:

October 21 - TVI Corporation Reports Preliminary Third Quarter 2008 Financial Results

* Company Achieves Goal of Operating Profit
* Generates 50% Revenue Growth
* Sells Signature Assets in Florida
* Plans to Divest Remaining Tent Rental Business
* Provides Update on NASDAQ Listing

TVI Corporation (Nasdaq: TVIN), an international supplier of first receiver and first responder products and provider of event shelter and equipment rentals, announced preliminary results for the third quarter ended September 30, 2008.

The Company expects to report revenue of approximately $11 million for the third quarter of 2008, an increase of 50 percent from approximately $7 million in revenue for the third quarter of 2007. The Company also expects operating income of approximately $1.3 million for the third quarter of 2008 compared with an operating loss of $1.7 million for the third quarter of 2007. These results reflect a decision by TVI management and its Board of Directors to exit the Signature tent rental business, which has been classified as discontinued operations. Therefore, in compliance with generally accepted accounting principles, the Company has excluded the contributions from the Signature tent rental business from its revenue and operating income from continuing operations for the quarter. On a pro-forma basis, assuming the accounting change had not occurred, revenue and operating profit in the third quarter would have been approximately $13.0 million and $500,000, respectively, compared with revenue of $11.7 million and an operating loss of $3.2 million, a year ago.

“We achieved our goal of operating profitability for the third quarter by generating strong core revenue growth and continuing to tightly control expenses,” said Lt. General Harley Hughes, USAF (Ret.). “Our comprehensive turnaround plan is working and we are seeing the results in each of our business segments. During the quarter, we began shipping sizeable volumes of filter canisters to the military, and announced a $3.5 million follow-on order for C2A1 filter canisters from the U.S. Army. To date, we have generated more than $10 million in canister orders since completing first-article testing earlier this year. In addition, we added a third shift to our filter canister operation during the quarter and the plant is running near capacity based on our order backlog.”

Hughes added, “Also contributing to our revenue growth and operating profit in the quarter were our shelters segment and the continuing operations of our Signature business. The product mix within our shelters and related products group normalized in the quarter, and contributed higher-margin revenue than in the second quarter. Within Signature, hurricane disaster relief orders for our generators, HVAC equipment and kitchen equipment also boosted our third-quarter margins.”

The Company expects to release its complete third-quarter 2008 financial results during the week of November 10, 2008. A separate news release will be issued to announce the specific date and the details for the live conference call. The results in this release are preliminary and subject to the completion of the final financial statements, including the review of those financial statements by the Company’s internal and independent accounting professionals and TVI’s audit committee.

Sale of Signature Assets

In an effort to further reduce costs and streamline its business, TVI sold a portion of its Florida-based Signature Special Event Services tent rental assets. Proceeds from the Florida sale totaled approximately $500,000. TVI also announced its intention to exit the tent-rental business and to divest the related assets, which are based in Maryland. As a result, its third-quarter financial statements will include a non-cash charge of approximately $5.2 million related to the impairment of the tent assets and brand-name intangible. TVI is working to terminate the Florida and Frederick location leases.

“We determined that it is in the best interest of our shareholders for us to exit the tent rental business completely and monetize those assets,” Hughes said. “We are retaining the Signature assets that strategically complement TVI, including mobile kitchens, HVAC and power equipment. These components of the Signature business fit more consistently with the goals on which we are focused going forward.”

NASDAQ Delisting Update

TVI previously announced on September 19, 2008 that the NASDAQ Listing Qualifications Panel granted TVI’s request to remain listed on The NASDAQ Capital Market, subject to the condition that on or before December 1, 2008, TVI must have evidenced a closing bid price of $1 or more for its common stock for a minimum of ten prior consecutive trading days. Under the terms of the initial exception granted, TVI’s Board of Directors was able to defer a decision on a reverse stock split until October 21, 2008.

On October 16, 2008, given the current extraordinary market conditions at large, NASDAQ suspended the bid price and market value requirements of publicly held shares on its exchange through Friday, January 16, 2009. These rules will be reinstated on Monday, January 19, 2009. As a result of the temporary suspension of the minimum bid price rule, TVI now has until March 4, 2009 to regain compliance with the minimum bid price rule. Therefore, TVI’s Board is delaying any decision regarding a reverse stock split at this time.

NASDAQ’s temporary suspension relates only to the rules requiring a minimum $1 closing bid price or a minimum market value of publicly held shares. There can be no assurance that in the future TVI will achieve compliance with the minimum $1 bid price or continue to satisfy the other NASDAQ listing requirements.

CHINATEL GROUP INCORPORATED (OTCBB: CHTL)
"Up 14.29% in morning trading"

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

ChinaTel owns Trussnet USA, Inc., a Nevada corporation, a recently formed company that will provide telecommunications infrastructure engineering and construction services in mainland China. Trussnet and its direct and indirect subsidiaries have entered into a series of agreements to build and deploy a 3.5GHz wireless broadband system in up to 29 cities across the People’s Republic of China (PRC) with and for CECT-Chinacomm Communications Co., Ltd., a PRC company that holds a license to build such WiMAX systems. For more information, visit www.chinatelgroup.com.

CHTL News:

October 10 - ChinaTel Group Sets up Applications Center in Taipei, Taiwan

ChinaTel Group, Inc. (OTCBB: CHTL) (“ChinaTel”) announced the implementation of its wireless broadband applications center in Taipei, Taiwan to provide advanced applications for Next Generation wireless communications services worldwide. ChinaTel also has subsidiary centers underway in China, Singapore and Japan.

The Taiwan site was selected as it has the necessary resources to provide complete WiMAX industry chain service, including: chipset development, device manufacturing/testing, certification services, and functioning service operators. According to The Ministry of Economic Affairs of Taiwan, it’s estimated that the total value of WiMAX will reach NTD 140 billion in 2012 (around USD $4.5 billion) in Taiwan alone. The applications center was set up to develop advanced wireless applications for Next Generation wireless broadband network related products and services targeting three important markets: 1) Consumer, 2) Enterprise, and 3) Government.

Consumers

The wireless broadband consumer market is growing rapidly even though worldwide mobile broadband density is at 0.2%, with the global average for tele-density at 20%. According to a recent study, this gap will be diminished as more and more consumers demand high speed connectivity, resulting in over 1.3 billion WiMAX subscribers worldwide by 2012. Also, with few exceptions, the Asia Pacific region in general currently consists of low broadband penetration and fragmented infrastructure, making it an attractive area for wireless broadband investment. With more than three billion people in this region alone, many analysts believe that Asia Pacific will garner more than 50% of total global investment for basic WiMAX infrastructure development by 2011. ChinaTel looks to capitalize on this growth.

Movies on Demand will be the first application provided by ChinaTel’s application center through DSL line, cable and wireless broadband network. With this service, subscribers can watch the latest High Definition movies in their homes through an Internet protocol television (IPTV) home theatre box or from their portable and mobile devices anywhere they have access to the network. Currently, in collaboration with Set-top Box (STB) companies, the application centers strive to introduce various content to the Asian Pacific market, such as newly released Hollywood movies, English tutoring, and Karaoke.

Further, ChinaTel has worked to collaborate with some of the social networking sites in the Chinese speaking community that have in excess of 35 million subscribers who are looking for a more customizable Internet experience. ChinaTel provides the service to those community customers and other potential subscribers with applications including: IPTV, video/music downloading, on-line gaming, WEB 2.0, and wireless email. All of these services are aimed at channeling users through ChinaTel’s homepage, whereby any redirection from there will capture advertising revenues much in the same way Google operates in the U.S.

Enterprise

ChinaTel and its application centers strive to be a major provider of enterprise solutions for businesses across the Asian Pacific market. Initially focused in the area of radio-frequency identification (RFID), ChinaTel believes that high capacity networks will continue to provide novel solutions for all types of businesses. While RFID is basically a wireless form of identification for any product in any position, the applications are seemingly endless. For example, ChinaTel has partnered with advertising agencies to transmit advertisements wirelessly to customizable billboards and LCD screens. Each advertisement carries its own identification number so the agencies can track where and when each ad is shown and charge each advertiser accordingly. This type of advertising media is especially attractive considering how the remoteness of many of today’s advertising locations have made it cost-prohibitive to update those ads on a timely basis. Also, with high capacity network access, advertisers can target interactive advertisements for mobile devices, a market which promises to boom in the next few years.

Government

Applications used by the Government include biometric video surveillance, traffic management, and mobile virtual private network. With all of the publicity surrounding the 2008 Olympics, the Chinese Government has taken many steps to upgrade its public surveillance systems. Currently, most video surveillance systems are fragmented and consist of individual monitoring screens to watch for abnormal activity. Given the sophistication of terrorist acts that have taken place worldwide in recent years, this kind of manual surveillance is completely inefficient and is rapidly becoming obsolete. ChinaTel is currently in talks with several provinces in China to provide biometric video surveillance that is able to digitally recognize the facial structures of known terrorists and suspicious individuals and to immediately alert the proper authorities.

MIRANDA GOLD CORPORATION (OTCBB: MRDDF)
"Up 59.81% in morning trading"

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

Miranda Gold Corp. is a gold exploration company active in Nevada and whose emphasis is on generating gold exploration projects within the Battle Mountain-Eureka and Cortez Trends. Miranda performs its own grass roots exploration and then employs a joint venture business model on its projects in order to maximize exposure to discovery while minimizing exploration risk. Miranda has ongoing partnerships with Newcrest Resources Inc., the Cortez Joint Venture (Barrick Gold Exploration Inc.), the Buckhorn Joint Venture (Barrick and Teck) Piedmont Mining Company Inc., White Bear Resources Inc., Queensgate Resources Corporation and Montezuma Mines Inc.

MRDDF News:

October 17 - Miranda Reports Termination of Red Hill Agreement

Miranda Gold Corp. (OTCBB: MRDDF) (CDNX: MAD.V) (Frankfurt: MRG.F) ("Miranda") has been informed by Barrick Gold Exploration Inc. ("Barrick") that they have elected to terminate the Exploration Funding Agreement with Option to Joint Venture on Miranda's Red Hill property.

Barrick recently completed drilling of two deep holes at Red Hill. Both holes were drilled in the vicinity of hole BRH-013, which in 2006 intercepted 45 ft 0.237 oz Au/t from 1,920 to 1,965 ft (13.7 m of 8.105 g Au/t from 585 to 599 m). Both holes were planned as follow up holes to BRH-013 but were collared at significant distances from the previous mineralized hole; 1,000 ft (305 m) to the southeast and 2,450 ft (750 m) to the west.

According to Barrick, preliminary assay results were not encouraging and as a result a decision to terminate was made. Miranda has not yet seen the assay results. Once Barrick receives the final assays and conducts internal quality control testing the results will be released to Miranda. In addition to the assay results, Barrick was facing an October 27, 2008 deadline to pay Miranda $150,000. This may have influenced their decision to terminate.

Barrick has made expenditures of over $1.3 million on the Red Hill project, not including costs associated with the 2008 drilling. Work completed by Barrick prior to the 2008 drilling included drilling 11 holes totaling 22,510 ft (6,861 m) as well as a property-wide gravity survey, an airborne magnetic survey, a controlled source audio-frequency magnetotellurics (CSAMT) survey and a property boundary survey.

Miranda geologists strongly believe that additional targets exist in the area of BRH-013 and that the property has not yet been fully tested. Priority targets include the SE-strike extension of the CSAMT anomaly associated with the mineralization in BRH-013. A 1,300 ft by 1,700 ft greater than 20 ppb gold in soil anomaly is developed in a NW-striking syncline, with laterally-extensive hydrothermal alteration. Previous drill holes did not test this shallow target area.

Another target is identified proximal to the historic antimony pits on the east side of the project. Twenty holes were drilled in this area; however only three holes exceeded 700 ft depths. These three holes ended in 35-150 ppb gold. A review of historic drilling should be conducted to determine if the deeper holes intersected the favorable Red Hill member of the Denay, the unit hosting mineralization in BRH-013.

The Red Hill property is comprised of a mining lease covering 79 lode mining claims that occupy a large percentage of the "JD Window". The JD Window exposes lower-plate carbonate rocks that elsewhere in the Cortez Trend are the host rocks for disseminated gold deposits. Extensive hydrothermal activity has caused argillic alteration, decalcification, widespread iron oxide staining and silicification of the carbonate rocks. Anomalous gold mineralization is located in several prominent faults and is associated with barite and antimony mineralization.

Miranda will be actively seeking a new partner to continue exploration on this property.

The data disclosed in this press release have been reviewed and verified by Company Senior Geologist Steven Koehler, P. Geo., BSc. Geology and Qualified Person as defined by National Instrument 43-101.

SPACEDEV INCORPORATED (OTCBB: SPDV)
"Up 42.86% in morning trading"

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

SpaceDev, Inc., together with its subsidiaries, engages in the conception, design, development, manufacture, integration, sale, and operation of space technology systems, subsystems, products, and services. It focuses on the commercial and military development of small satellites and related subsystems, and hybrid rocket propulsion for space and launch vehicles, as well as subsystems that enable critical spacecraft functions comprising pointing solar arrays and communication antennas, and restraining, deploying and actuating moving spacecraft components. The company also engages in the design, manufacture, and sale of mechanical and electromechanical subsystems and components for spacecraft, as well as manufacture of various products for small and large spacecraft, which include paraffin actuators, hinges, battery bypass switches, bi-axis gimbals, flat plate gimbals, solar array pointing mechanisms, restraint devices, thermal switches, thermal louvers, and cover systems; and design and development of deployable space structures and other structural subsystems. SpaceDev, Inc. serves various groups ranging from domestic and international commercial spacecraft to civil spacecraft companies, as well as defense spacecraft; and non-space customers, including aerospace, maritime, educational institutions, and industrial customers. The company was founded in 1997 and is based in Poway, California.

SPDV News:

October 20 - SpaceDev to Join With SNC's Space Operations in Forming Integrated Space Business

SpaceDev, Inc. (OTCBB: SPDV) announced that it has signed an agreement to be acquired by privately-held Sierra Nevada Corporation (SNC). Under the agreement, SNC would acquire for cash the outstanding equity of SpaceDev for the gross purchase price of $38 million, which after certain deductions is expected to result in a net price to holders of SpaceDev common stock between $0.68 and $0.72 per share. The expected price represents a premium of between 42% and 50% over the average closing price of SpaceDev's common stock over the 30 trading days preceding this announcement.

The transaction, which is subject to certain conditions, including stockholder approval, has been approved by SpaceDev's Board of Directors and will be presented to SpaceDev's stockholders for a vote which is expected to occur in December. Stockholder approval will be solicited by SpaceDev by means of a proxy statement, which will be mailed to SpaceDev's stockholders upon completion of the required Securities and Exchange Commission filing and review process. Certain of SpaceDev's officers and principal security holders, who collectively beneficially own approximately 37 percent of SpaceDev's common stock (including shares issuable upon conversion of preferred stock and exercise of options and warrants held by them), have agreed to vote in favor of the merger at the SpaceDev stockholder meeting and have granted proxies to SNC for that purpose.

"The acquisition of SpaceDev, which has a tremendous space heritage with products that have flown on 250 spacecraft, represents a dynamic expansion of SNC's space technology capabilities, proven system integration, communications, networking and intelligence capabilities in the space sector," said Fatih Ozmen, Chief Executive Officer of SNC. "We believe that combining SpaceDev's unique technological offerings, manufacturing capabilities and talented team with our existing space business and technology base will allow us to significantly increase our capacity and scalability while better serving our customers and making us a leader in space technology with access to a much wider customer and technology base."

SNC expects to form an integrated space technologies unit with this SpaceDev acquisition, SNC's subsidiary, MicroSat Systems, and the other SNC space operations and capabilities that will provide advanced satellite systems, propulsion systems, space vehicle systems and a wide array of subsystems and components to defense, civil government, and corporate customers.

"This is an exciting and positive step for us and our shareholders," said Mark N. Sirangelo, Chairman and Chief Executive Officer of SpaceDev. "There are significant synergies between SNC and SpaceDev and we believe that our combined space products will be well received by the emerging space markets. We expect our employees and customers to greatly benefit in the future from this acquisition. My team and I look forward to working with the outstanding management and staff of SNC."

Cowen and Company acted as the exclusive financial advisor to SpaceDev for this transaction. Heller Ehrman LLP and Stradling Yocca Carlson & Rauthand acted as legal advisors to SpaceDev, while Holland & Hart LLP acted as legal advisor to SNC.

ABOUT SIERRA NEVADA CORPORATION

Sierra Nevada Corporation (SNC) is known for its rapid, innovative, and agile technology solutions in electronics, aerospace, avionics, space, micro-satellite, aircraft and communications systems for both the private and public sectors. Founded in 1963, SNC's seven unique business areas employ more than 1,300 people in 30 different locations in 20 states — all of whom are dedicated to providing leading-edge solutions to SNC's dynamic customer base.

Over its 45 year history, SNC has remained focused on providing its customers the very best in diversified technologies to meet their needs and has a strong and proven track record of success. SNC has grown into one of the Top Woman-Owned Federal Contractors in the United States while maintaining its reputation for innovation and agility. The company continues to focus its growth on the commercial sector through internal advancements and outside acquisitions, including the emerging markets of telemedicine, nanotechnology, energy and net-centric operations.