OTCPicks.com

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 23 - Money4Gold Holdings Appoints Neil McDermott to Board

Money4Gold Holdings Inc. (OTCBB: MFGD) announced that Mr. Neil McDermott has been appointed to its Board of Directors. Mr. McDermott has a long and distinguished career with particular knowledge and experience in the areas of land, capital and gold. He has a number of business interests in Ireland, the Ukraine and Estonia.

In Ireland, his business interests include an investment company dealing in equities, commodities and currencies, a property development business, a farming operation and directorship of Defacto Communications, a private software development company. He earlier served for six years as non-executive director of Celtic Resources plc where he actively participated in its growth and development until the recent successful takeover by mining major Severstal plc.

In the Ukraine, Mr. McDermott farms 10,000 hectares in the Ternopil region, and he is actively pursuing expansion plans. In Estonia, he has extensive property, farming and business interests as the owner of eight registered companies. His businesses provide significant employment in all three countries.

Money4Gold Holdings welcomes Mr. McDermott to the Board.

FEATURED COMPANY

GREEN STAR PRODUCTS INCORPORATED (OTC: GSPI)

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

Company Profile: http://www.otcpicks.com/green-star-products.htm

Green Star Products, Inc., through its subsidiaries, engages in the production and sale of renewable clean-burning bio-diesel and other products, including lubricants, additives, and devices that are used in vehicles, machinery, and power plants. It offers SuperBAT total vehicle treatment, an anti-friction metal treatment used in various internal combustion engines, transmissions, power steering, and wheel bearings. The company also offers a lubricant formula of biodegradable cutting oil for machine shops, as well as water soluble AFT cutting oil for CNC machines. In addition, it engages in the development of fuel economy, power improvement, and emission reduction technologies for internal combustion engines and hybrid electric drive systems. Further, the company produces super-ethanol. It markets and sells its products in the United States and internationally. The company, formerly known as B.A.T. International, Inc., is based in Chula Vista, California.

GSPI News:

October 22 - Green Star Products Exceeds Analyst Estimates, Fueled by New Approach to Biofuel Refinery

Green Star Products Inc. (OTC: GSPI) has received an updated rating with a $0.18 Target Price by Beacon Analyst, Victor Sula, Ph.D. The full report is available at http://beaconequity.com/main/Page-data/Adpages/GSPI.

In the report, the analyst writes, “The Company was one of the early pioneers to begin researching alternative energy resources in the 1990s. … GSPI has advanced a number of proprietary technologies which are now in the revenue-producing stage. The Company is 100% vertically integrated designing and manufacturing its own biofuel processing equipment in-house.”

The analyst also stated, “The Company has also advanced the development of its biodiesel technology by unveiling a new reactor with improved design and capabilities. One of GSPI's current production strategies is focused on integrating its biodiesel plant technology with oilseed crusher plants and farm cooperative support, such as the biodiesel facility in Odessa, Washington. … GSPI’s 2007 revenues were 60% higher at $2.5 million than our $1.5 million estimate.”

Other companies in the clean energy sector include Allegro Biodiesel Corp. (OTCBB: ABDS), Earth Biofuels (OTCBB: EBOF) and Pure Biofuels Corp. (OTCBB: PBOF).

FEATURED COMPANY

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

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

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)
"Up 16.67% in morning trading"

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.

STOCKS TO WATCH

TITAN RESOURCES INTERNATIONAL INCORPORATED (OTC: TNRI)
"Up 141.38% in morning trading"

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

TITAN Resources International Inc. is a publicly traded resource exploration company dedicated to the acquisition, exploration and development of small to medium size precious metals properties of exceptional merit in North and South America. Visit www.titan-resource.com for more information.

TNRI News:

October 23 - Titan Commences Exploration Program on Norgold

Titan Resources International Inc. (OTC: TNRI) (Frankfurt: 36T1.F) reported that work has begun on its jointly-owned prospective gold mining claims known as "Norgold," located in the "Melgund" Township, of the Sault Ste. Marie mining district near Dryden Ontario.

The program will include a general reconnaissance of the property using the existing historical information, with the expectation of verifying the same. Also planned for this first stage of exploration will be the plotting of several lines of ground geophysics to verify the exact location of the mineralized zone.

The prospective gold mineralized property consists of 40 mining claims covering just under 700 hectares and is situated in an area that is well known for its favorable geology and rich history of hosting gold mineralization.

Once the program has been completed, and the data submitted for interpretation and analysis, the company will provide an update of the results to the shareholders, and outline the next phase of exploration for the development of the property. The program is expected to run for approximately two weeks.

JUPITERMEDIA CORPORATION (NASDAQ: JUPM)
"Up 51.82% in morning trading"

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

Jupitermedia Corporation, headquartered in Darien, CT, is a leading global provider of images, news and original information, career Web sites and events for information technology, business, media and creative professionals.

JUPM News:

October 23 - Jupitermedia Corporation Signs Agreement to Sell Jupiterimages for $96 Million in Cash

Jupitermedia Corporation (Nasdaq: JUPM) (“Jupitermedia”) announced that it has entered into a definitive stock purchase agreement to sell its Online Images business to Getty Images, Inc. for an aggregate purchase price of $96 million in cash. Under the terms of and subject to the conditions set forth in the stock purchase agreement, Jupitermedia has agreed to sell all of the outstanding capital stock of Jupiterimages Corporation (“Jupiterimages”), an Arizona corporation and a wholly owned subsidiary, to Getty Images, Inc.

The Board of Directors of Jupitermedia has approved the transaction and resolved to recommend that Jupitermedia’s stockholders approve the transaction. Completion of the transaction is subject to approval by Jupitermedia’s stockholders, regulatory approval and other customary closing conditions. In addition, Alan Meckler, Jupitermedia’s Chairman, Chief Executive Officer and a significant stockholder, and certain other stockholders, who, with Mr. Meckler, collectively hold approximately 35.9% of Jupitermedia’s outstanding stock, have entered into definitive support agreements with Getty Images, Inc. to vote in favor of the transaction. The transaction is not subject to a financing condition. In connection with the transaction, Jupitermedia will retain ownership of its Peoria, Illinois building and property and lease the facility to Getty Images, Inc. Jupitermedia expects to incur a non-cash loss of approximately $95 million upon the closing of the transaction.

Following the completion of the sale of Jupiterimages to Getty Images, Inc, Jupitermedia will continue to operate its Online media business, which consists of five distinct networks: internet.com and EarthWeb.com for IT and business professionals; DevX.com for developers; and Mediabistro.com and Graphics.com for media and creative professionals.

“We believe that this transaction will be beneficial to Jupitermedia and its stockholders, both in the near term and the long run, as it will allow Jupitermedia to pay off all of its bank debt. Upon closing of the transaction, we will continue focus on the further development and growth of our Online Media division,” stated Alan Meckler.

PARADIGM TACTICAL PRODUCTS INCORPORATED (OTC: PDGT)
"Up 33.33% in morning trading"

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

Paradigm Tactical, based in Georgetown, Massachusetts, is a leading provider of detection technology and homeland security solutions to the military as well as corrections, law enforcement and security industry. The Company owns rights to license, manufacture, market, and sell all of its devices. As the heightened attentiveness to terrorist and other security threats continue to increase, Paradigm Tactical is meeting the higher demand for security and inspection systems. The Company has sold products to numerous Federal, State, and local institutions.

PDGT News:

October 23 - Paradigm Tactical Products to be Largest Distributor of Metal/Radiation Detection Wands in United States

Paradigm Tactical Products Inc. (OTC: PDGT), a leading provider of detection technology and homeland security solutions to the military as well as to the corrections, law enforcement and security industry signed an agreement which will make the company the largest distributor of a unique combination radiation and metal detection wand and four additional detector models in the United States. In addition an on going Global Master Distributor discussion will be finalized by the new year.

The newest products to be distributed by Paradigm are complementary to its recently announced RadSafe™ and StealthSensor™ products and are available now. The new RAD-30P Radiation/Metal wand detector is anticipated to be in extremely high demand as it would be able to replace metal detection wands in use by airports across the United States. The new device can detect both concealed metal as well as any radioactive material being transported on a subject. The uses extend far beyond just airports and include all government buildings as well as sports stadiums, seaports, schools, and much more.

Vincent Cammarata, president and CEO of Paradigm Tactical Products, commented, "Our newest products close the circle and complete the first stage of our detection technology strategy. We now have the capability to cross market companion products with the intent to multiply sales." Cammarata went on to share, "There is no other product on the market like our metal/radiation wand. We are in an ideal situation to deploy a subject scanning device, a hand worn detector for close covert inspection, a personal radiation detector and walk through radiation/metal detectors all to the same customers. I expect that this ability will not only increase our sales but secure a position for Paradigm as an industry leader.

SMURFIT-STONE CONTAINER CORPORATION (NASDAQ: SSCC)
"Up 40.24% in morning trading"

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

Smurfit-Stone Container Corporation is one of the industry's leading integrated containerboard and corrugated packaging producers and is one of the world's largest paper recyclers. The company is a member of the World Business Council for Sustainable Development, the Sustainable Forestry Initiative®, and the Chicago Climate Exchange. Smurfit-Stone generated revenue of $7.4 billion in 2007, has led the industry in safety every year since 2001, and conducts its business in compliance with the environmental, health, and safety principles of the American Forest & Paper Association.

SSCC News:

October 22 - Smurfit-Stone Reports Third Quarter 2008 Results

* Net income of $0.24 per share includes favorable resolution of Canadian tax matters
* Adjusted net loss of $0.08 per share includes a $0.04 loss related to energy hedges
* Liquidity improved in the third quarter; In compliance with all financial covenants
* Company expects sequentially improved adjusted net earnings in fourth quarter 2008

Smurfit-Stone Container Corporation (Nasdaq: SSCC) reported third quarter 2008 net income available to common stockholders of $62 million, or $0.24 per share. As previously reported, earnings benefited $84 million, or $0.33 per share, from the favorable resolution of Canadian income tax matters.

Adjusting for the items detailed in the chart above, Smurfit-Stone reported a third quarter 2008 adjusted net loss of $21 million, or $0.08 per diluted share. Results compare to adjusted net income of $28 million, or $0.11 per share, in the third quarter 2007 and an adjusted net loss of $31 million, or $0.12 per share, in the second quarter 2008.

Sales of $1.9 billion for the third quarter 2008 were up 2.3 percent on a sequential basis and were comparable to the third quarter 2007.

Commenting on the company's third quarter performance, Patrick J. Moore, chairman and CEO, said, "As expected, our adjusted earnings improved from the second quarter. We raised our containerboard and box prices and both mill production and box shipments improved. Higher selling prices and greater volume more than offset incremental cost inflation. To guard against rapidly increasing commodity inflation, we expanded our hedging program earlier this year. However, as energy prices declined sharply later in the third quarter, we incurred a $0.04 per share loss related to our hedge position. We continued to make progress implementing our transformation plan and we remain on-track to realize $525 million in cumulative savings this year. Our liquidity improved in the third quarter and we remain in compliance with all financial covenants."

Third Quarter Highlights:

1) Segment profits: $100 million, up $26 million sequentially, down $82 million from prior year.
2) Domestic containerboard and box prices improved both sequentially and year-over-year.
3) Sequential volume improvement: mills 1.5 percent; per-day US box shipments 2.4 percent.
4) Cost inflation: $22 million sequentially, $110 million year-over-year.
5) Closures: 4 converting plants; headcount reduction: 229.
6) Additional closures announced: 4 converting plants, Snowflake paper machine, Pontiac mill.
7) Reported debt was $3.57 billion, flat with second quarter 2008.

Commenting on third quarter operations, Steven J. Klinger, president and COO, said: "Despite continued cost inflation, our operating profits increased from the second quarter as we implemented our July price initiatives and volumes improved. Mill production increased 33,000 tons. Our per-day US box shipments improved 2.4 percent sequentially but declined 1.2 percent from the prior year. Excluding the impact of box plant closures, adjusted shipments were down 0.4 percent from the prior year. This compares favorably to the 3.4 percent decline in industry demand. Our adjusted shipments outperformed trends reported by the Fiber Box Association for the fourth consecutive quarter. Unprecedented energy inflation earlier this year drove higher freight and chemical costs in the third quarter while hurricanes impacted wood fiber and other input costs. We made continued progress with our strategic initiatives and expect to complete the program in the first half of 2009. Our two new greenfield plants commenced operations recently, we closed four higher cost box plants, and announced four additional closures. As a result of these closures, we reduced headcount by 229 positions. Furthermore, we shut our Snowflake, AZ, medium machine on October 15 and announced our intent to close our Pontiac pulp mill at the end of October."

Outlook

While the global slowdown is impacting the US packaging market, Smurfit- Stone currently expects improved sequential results in the fourth quarter driven by higher selling prices and lower costs. Commenting on Smurfit-Stone's fourth quarter outlook, Moore said, "We are focused on margin restoration as we complete our July price initiative following unprecedented cost inflation earlier this year. Earnings will benefit from higher selling prices and moderating commodity costs due to lower freight and recycled fiber prices. Furthermore, our transformation program will drive incremental savings. We are taking the necessary steps to ensure sufficient financial flexibility given turbulent financial markets and uncertain economic conditions."

DYNAVAX TECHNOLOGIES INCORPORATED (NASDAQ: DVAX)
"Up 26.76% in morning trading"

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

Dynavax Technologies Corporation is a clinical-stage biopharmaceutical company that develops innovative products for the treatment of infectious diseases, respiratory diseases, and cancer. Our novel Toll-like Receptor 9 (TLR9) agonist products are based on our proprietary immunostimulatory sequences (ISS), which are short DNA sequences that stimulate an innate immune response. Our clinical product candidates include: HEPLISAV, a hepatitis B vaccine partnered with Merck & Co., Inc.; a therapy for hepatitis B; and therapies for cancer and hepatitis C funded by Symphony Dynamo, Inc. Our preclinical pipeline includes an asthma and COPD drug candidate partnered with AstraZeneca and a Universal Flu vaccine.

DVAX News:

October 21 - Dynavax and Merck & Co., Inc. Provide Update on U.S. FDA Clinical Hold on Investigational Vaccine HEPLISAV™

Dynavax Technologies Corporation (Nasdaq: DVAX) and Merck & Co., Inc. have received communication from the U.S. Food and Drug Administration (FDA) regarding the two companies' response to the agency's request for safety information relating to the clinical hold on the two Investigational New Drug (IND) Applications for HEPLISAVTM, an investigational hepatitis B virus (HBV) vaccine.

The FDA has advised the companies that the balance of risk versus potential benefit no longer favors continued clinical evaluation of HEPLISAV in healthy adults and children. The FDA has also advised the companies that there may be potential for an acceptable risk versus benefit profile for HEPLISAV in patients with renal failure, and requested additional information from the companies before considering further pursuit of clinical studies in those patients. Dynavax and Merck are evaluating the FDA's response in considering next steps. In the meantime, the clinical hold on the two U.S. IND Applications for HEPLISAV remains in effect.

In March 2008, the FDA placed a clinical hold on the two IND Applications for HEPLISAV and requested for review the clinical and preclinical safety data including all available information about a single case of Wegener's granulomatosis reported in a Phase 3 clinical trial in adults. HEPLISAV is being jointly developed by Dynavax and Merck under a global collaboration agreement.

ABOUT MERCK

Merck & Co., Inc. is a global research-driven pharmaceutical company dedicated to putting patients first. Established in 1891, Merck currently discovers, develops, manufactures and markets vaccines and medicines to address unmet medical needs. The Company devotes extensive efforts to increase access to medicines through far-reaching programs that not only donate Merck medicines but help deliver them to the people who need them. Merck also publishes unbiased health information as a not-for-profit service.

SPARTAN MOTORS INCORPORATED (NASDAQ: SPAR)
"Up 29.65% in morning trading"

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

Spartan Motors, Inc. designs, engineers and manufactures custom chassis and vehicles for the recreational vehicle, fire truck, ambulance, emergency-rescue and specialty vehicle markets. The Company's brand names — Spartan™, Crimson Fire™, Crimson Fire Aerials™ and Road Rescue™ — are known for quality, value, service and being the first to market with innovative products. The Company employs approximately 1,500 at facilities in Michigan, Pennsylvania, South Carolina and South Dakota. Spartan reported sales of $681.9 million in 2007 and is one of the premier manufacturer of specialty vehicles and chassis in North America.

SPAR News:

October 23 - Spartan Motors Announces Second Regular Cash Dividend Payment for 2008

Spartan Motors, Inc. (Nasdaq: SPAR) announced its regular dividend payment of $0.05 per common share, payable on Dec. 17, 2008 to shareholders of record at the close of business on Nov. 17, 2008.

In April 2008, the board of directors for the Charlotte, Mich.-based manufacturer of custom chassis and emergency-rescue vehicles declared total regular cash dividends of $0.10 per share of common stock for the year, issued in two payments. The company issued the first dividend payment of $0.05 per share on June 16, 2008. Spartan expects to consider a special dividend at the board meeting scheduled for February 2009.

"We continue to believe a dividend is a great way to share profits with our investors," said John Sztykiel, president and chief executive officer of Spartan Motors. "Our 2008 results have already exceeded all of 2007, and dividends confirm our long-term confidence in Spartan, as well as our financial strength."