OTCPicks.com

FEATURED COMPANY

ECOLOCAP SOLUTIONS (OTCBB: ECOS)

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

Company Profile: http://www.otcpicks.com/ecolocap-solutions-inc.htm

EcoloCap is a US-listed, international company focused on the commercial development of green energy projects in emerging economies, especially in Asia. Rising energy costs, climate change concerns, and the need to reduce greenhouse gases create an unparalleled opportunity for the development of renewable, sustainable energy sources which will be a significant, long-term opportunity for the 21st century. To maximize shareholder value EcoloCap is focused on projects which qualify for Carbon Emission Reduction credits (CERs) registered under the Clean Development Mechanism (CDM) of the United Nations' Kyoto Protocol. EcoloCap utilizes its know-how, capital, technology, engineering expertise, and on the ground operations management to work with governments and enterprises in emerging economies in order to successfully reduce greenhouse gases for both capture and utilization. By this process EcoloCap acquires UN Certified Carbon Credits (CERs) at favorable costs, which are then sold on the world market at prevailing prices.

ECOS News:

October 28 - EcoloCap Signs New Carbon Credit Projects in China

EcoloCap Solutions, Inc. (OTCBB: ECOS) ("EcoloCap") announced that it has in the past two weeks reached carbon credit purchase agreements with several large Chinese industrial companies which represent a 100% increase in the company's supply of CERs over the next 5 years.

The purchase contracts, called Emissions Reductions Purchase Agreements (ERPA), once accredited by the UN, are projected to produce up to 1 million CERs annually when the projects are running at full capacity. These projects will reduce the production of greenhouse gases while also helping to meet China's increasing needs for energy.

Using conservative pricing projections EcoloCap estimates that the additional CERs will increase its revenues by at least $2.5 to 4 million annually after allowing for brokerage commissions and CER acquisition costs. However, current prices for CERs on the World Market are in the range of 17 to 19 Euros (approx. US$21.50 to 24.00) and if prices continue in this range the estimated revenues would be at least 50% higher.

Dr. Tri Vu Truong, President and CEO of EcoloCap said "the projects for which we are currently processing ERPA contracts are solid evidence that our marketing efforts in China are starting to show results. Projects such as this are highly profitable and will have significant recurring revenues for several years. Our revenue estimates cover only the next 5 years however all but one of these ERPA contracts have terms of up to 17 years so there is substantial additional revenue potential over the life of the contracts."

EcoloCap's objective is to double its total CER reserves over the next six to nine months, with an initial target of accumulating a portfolio of 5 million CERs annually.

ECOS News:

October 27 - EcoloCap Adds Experienced Asian-Based Director to its Board

New Appointment Significantly Strengthens the Board of Directors

EcoloCap Solutions, Inc. (OTCBB: ECOS) ("EcoloCap") announced that it has added Michael J. Oliver to its board of directors. Mr. Oliver is a senior banking and finance professional with extensive Asian and international experience.

Prior to taking early retirement in 2005, Mr. Oliver had served since 2001 as Regional Board Member of Commerzbank AG, based in Singapore. In this position he was responsible for Commerzbank's merchant banking subsidiaries operating in the Asia-Pacific region, its commercial banking activities and branches in Hong Kong, Shanghai, Singapore and Tokyo, as well as providing regional oversight and corporate governance. From 1993, he had been General Manager and Chief Executive of Commerzbank's Hong Kong branch and prior to that was Senior Manager, Corporate Banking with the London branch.

Before joining Commerzbank in 1986, Mr. Oliver was with the First National Bank of Boston for 18 years, holding a variety of commercial banking and corporate finance positions in the US, Australia and Europe.

The Chairman of EcoloCap, Robert G. Clarke, said "I am extremely pleased to welcome Mike Oliver to the Board. He brings a wealth of experience and his extensive network of senior level contacts across Asia will be a significant help in developing our client and project relationships throughout the region."

Since leaving Commerzbank Mr. Oliver has been based in Singapore and has been involved in business activities throughout Asia.

Coincident with Mr. Oliver's appointment EcoloCap accepted the resignation as a director of Claude Pellerin who resigned to create a vacancy for the appointment of Mr. Oliver. Mr. Pellerin will continue as Corporate Secretary and an officer of EcoloCap and a key member of the management team.

FEATURED COMPANY

COPPER KING MINING CORPORATION (OTC: CPRK)
"Up 4.35% in morning trading"

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 28 - Copper King Responds to Metal Price Volatility

Pre-production procedures bringing mill on line in late November

Copper King Mining Corporation (OTC: CPRK) announced that it has tracked a number of reductions in its projected operating costs that will correspond to reduced metal prices. The cost reductions will serve to soften the impact of the current lower copper, silver, gold and other metal prices. Notably, reduced fuel and materials costs are expected to be realized in the company’s operations.

The company notes that a number of coincidental factors, such as the upcoming election in the United States and recent fears over the condition of World credit markets, have impacted metal prices.

However, the company believes that actual demand for copper and all other commodities is strong and will increase. Further, the potential for inflation, once credit and election uncertainties are eased, will put significant upward pressure on metal prices. The company therefore believes that, as it moves into the production phase on its Hidden Treasure Mine, metal prices will recover upward toward their recent highs and will perhaps begin to move even higher.

In addition, the company believes that the high-grade ore at its Hidden Treasure Mine (in excess of 2% copper with additional credits for silver, gold, molybdenum and magnetite) will also serve to keep its operating costs among the lowest in the industry on a per pound of copper basis. This will help the company maintain its operations on a competitive basis.

FEATURED COMPANY

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 28 - Perf Go Green Adds Leading Supermarket Chain Hy-Vee, Inc. to Distribution Network

Perf Go Green Holdings, Inc. (OTCBB: PGOG) (“Perf Go Green”), a marketer and distributor of biodegradable plastics, announced a distribution agreement with Hy-Vee, Inc. One of the top 30 supermarket chains in the U.S., Hy-Vee operates more than 224 retail stores in the Midwest.

“Our agreement with Hy-Vee is another sign of the overwhelmingly enthusiastic reception retailers are giving our biodegradable plastic bags,” said Perf Go Green Chairman and CEO Tony Tracy. “We're especially excited about this new partnership because Hy-Vee is well-known for its commitment to sustainability and its leadership in bringing health and wellness to mainstream consumers. Perf Go Green's earth-friendly products offer a meaningful way for consumers, companies and their employees to reduce their environmental footprint.”

Perf Go Green will begin shipping its 13-gallon kitchen trash bags and its 30-gallon lawn and leaf bags to Hy-Vee in November 2008.

Founded in 1930, Hy-Vee, Inc. is an employee-owned corporation operating more than 224 retail stores in seven Midwestern states. For 2007 the company recorded total sales of $5.6 billion, ranking it among the top 30 supermarket chains and the top 50 private companies in the U.S.

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 is proud to be part of the nation's “go green” movement, which is poised to become a $500 billion market by 2009, according to Landor Associates.

Perf Go Green products incorporate recycled plastics that are combined with an Oxo-Biodegradable proprietary application method to produce the film for its 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 within two years, decomposing into simple materials found in nature much faster than regular plastics, which can take hundreds of years to break down. Through this process and the use of recycled plastics, Perf Go Green effectively removes plastic waste from the environment. In addition, Perf Go Green trash bags utilize a unique patented dispensing system that stores the bags on the bottom of trashcans and dispenses them one at a time, similar to a tissue box.

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 27 - Green Star States: Energy from Algae is Being Recognized as a Major Solution

Green Star Products, Inc. (OTC: GSPI) announced that, last week, approximately 600 people attended a standing room only two-day conference on the future importance of algae titled “Algae Biomass Summit” hosted by the Algal Biomass Organization (ABO).

The ABO is a not-for-profit trade association dedicated to the advancement of the algae biomass industry, and promotes the development of viable commercial markets for renewable and sustainable commodities derived from algae.

The 2008 Algae Biomass Summit was held on October 23 and 24 in Seattle, Washington, with a capacity audience of more than 600 algae producers, scientists, investors and policy-makers from more than a dozen countries. These experts gathered to accelerate the development of algae-based solutions to global energy, environmental, and economic issues. Keynote speaker and pre-eminent clean technology investor Vinod Khosla set the tone for the conference by stating his belief that given the continued developments in technology, algae can play a significant role in the replacement of petroleum oil.

"I am here today because I believe algae can be a solution," stated Khosla. "I'm convinced someone here (at the Summit) will break the code. The exciting part is to see over 600 people in this room solving the problem. In fact, someone out there may have already solved it and I just don't know yet."

As recently as two years ago, anyone stating that oil produced from algae had the potential to wean the Unites States from foreign oil forever and could reduce Greenhouse Gases (GHG) significantly would have encountered wide skepticism. However today, mainstream corporations from several industries including energy, airline and chemical have concluded that we have discovered one of the world's true natural treasures which could potentially extend society existence beyond the scope of human imagination.

Prominent speakers from all over the world displayed their research and the potential of algae to permanently solve the oil crisis, the food crisis, and control the buildup of global warming gases. The algae biological makeup was also investigated for the possibility to produce chemicals and new products limited only by our ingenuity to create them. The human race has opened the door to a new scientific world. Who knows? In biblical terms it might be what the bible called Manna.

Joseph LaStella, President of Green Star Products, attended the summit and stated, “There was a clear message that algae could be the planet saviour, however, all speakers indicated there is no clear pathway to reduce algae production cost. The general opinion of everyone was that sizeable demonstration facilities would have to be built to provide real costs and operational data.”

Mr LaStella further stated, “This is exactly what Green Star had accomplished in 2007 with its Hybrid Algae Production System (HAPS).”

The Green Star HAPS algae system was demonstrated by building and operating a 40,000 liter algae production facility (see 18-page GSPI's algae production demo report: www.greenstarusa.com/reports/08-05-09GSPIAlgaeDemoReport.pdf), which is still one of the largest algae demo projects ever build to determine real field data. The facility also provided important data on the production costs involved in reaching a final commercial stage.

The HAPS algae system successfully demonstrated a significantly reduced cost while controlling parameters associated with algae growth. The nine-month field study in Montana showed the HAPS system's ability to sustain algae growth while maintaining environmental conditions such as temperature, pH, evaporation, salinity and the control of unfriendly species invasions. Green Star had to prove that this was possible while having the HAPS system costs be 3 to 10 times lower than similar systems presented by other companies at the 2008 Algae Biomass Summit.

In conclusion, Green Star has been involved in the R&D and construction of algae facilities long before algae became an important investment option. The summit was vital to the algae industry because it recognized the on-going research, the current industry efforts, and the importance of algae as a future source of energy and other useful materials to society. The conference showed evidence that the industry is now on a fast track around the world to realizing these goals.

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

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.

STOCKS TO WATCH

SPECTRUM PHARMACEUTICALS INCORPORATED (NASDAQ: SPPI)
"Up 87.35% in morning trading"

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

Spectrum Pharmaceuticals, Inc. is a biopharmaceutical company that acquires, develops and commercializes a diversified portfolio of drug products, with a focus on oncology and urology. Its strategy is comprised of acquiring and developing a broad and diverse pipeline of late-stage clinical and commercial products; establishing a commercial organization for Spectrum’s approved drugs; continuing to build a team with people who have demonstrated skills, passion, commitment and have a track record of success in developing drugs and commercialization in its areas of focus; and leveraging the expertise of partners around the world to assist Spectrum in the execution of its strategy.

SPPI News:

October 29 - Allergan, Inc. and Spectrum Pharmaceuticals, Inc. Announce Collaboration Agreement for Apaziquone (Eoquin®)

* Apaziquone is Currently Being Investigated for the Treatment of Non-Muscle Invasive Bladder Cancer
* Spectrum to Receive $41.5 Million at Closing and up to $304 Million in Milestone Payments
* Spectrum to Share Profits and Expenses Equally in the United States and Receive Royalties on Allergan's Sales Outside of the United States

Allergan, Inc. (NYSE: AGN) and Spectrum Pharmaceuticals, Inc. (Nasdaq: SPPI) announced signing an exclusive collaboration for the development and commercialization of apaziquone, an antineoplastic agent currently being investigated for the treatment of non-muscle invasive bladder cancer by intravesical instillation.

Non-muscle invasive bladder cancer is a form of bladder cancer localized in the surface layers of the bladder that has not spread to the deeper muscle layer. Approximately 70% of all patients newly diagnosed with bladder cancer have non-muscle invasive bladder cancer.1 More than one million patients in the United States and Europe are estimated to be affected by the disease, which is treated predominantly by urologists.2

Spectrum is currently conducting two Phase 3 clinical trials to explore apaziquone’s safety and efficacy as a potential treatment for non-muscle invasive bladder cancer following surgery. Spectrum expects to complete enrollment by year-end 2009.

Under the terms of the agreement, Allergan will pay Spectrum $41.5 million at closing and will make additional payments of up to $304 million based on the achievement of certain development, regulatory and commercialization milestones. Spectrum retained exclusive rights to apaziquone in Asia, including Japan and China. Allergan received exclusive rights to apaziquone for the treatment of bladder cancer in the rest of the world, including the United States, Canada and Europe. In the United States, Allergan and Spectrum will co-promote apaziquone and share in its profits and expenses. Allergan will also pay Spectrum royalties on all of its apaziquone sales outside of the United States. Spectrum will continue to conduct the apaziquone clinical trials pursuant to a joint development plan, with Allergan bearing the majority of these expenses.

“Today’s announcement represents closure of our very deliberate process to select the right partner for apaziquone,” said Rajesh C. Shrotriya, Chairman of the Board and Chief Executive Officer of Spectrum Pharmaceuticals, Inc. “With Allergan’s strategic focus on building a strong urology franchise and track record of success in pharmaceutical development and commercialization, particularly in creating and leading new markets, we are convinced that this constitutes an ideal partnership.”

“The addition of apaziquone to our urologics pipeline portfolio reflects our further commitment to pursuing innovative treatments in specialty markets where there is a high unmet need and significant growth potential,” said David E. I. Pyott, Chairman of the Board and Chief Executive Officer of Allergan, Inc. “Allergan looks forward to working with Spectrum in developing novel treatments for bladder cancer, and we believe apaziquone, if approved, has the potential to represent a meaningful advancement to urologists and patients in the current bladder cancer treatment paradigm.”

ABOUT ALLERGAN, INC.

Founded in 1950, Allergan, Inc., with headquarters in Irvine, California, is a multi-specialty health care company that discovers, develops and commercializes innovative pharmaceuticals, biologics and medical devices that enable people to live life to its greatest potential – to see more clearly, move more freely, express themselves more fully. The Company employs more than 8,500 people worldwide and operates state-of-the-art R&D facilities and world-class manufacturing plants. In addition to its discovery-to-development research organization, Allergan has global marketing and sales capabilities with a presence in more than 100 countries.

DENNY'S CORPORATION (NASDAQ: DENN)
"Up 31.25% in morning trading"

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

Denny's Corporation, through its subsidiaries, engages in the ownership and operation of family-style restaurants primarily in the United States. The company owns and operates its restaurants under the Denny's brand name. Its restaurants offer traditional American-style food. As of December 26, 2007, Denny's Corporation operated 1,546 restaurants, including 1,152 franchised/licensed restaurants and 394 company-owned and operated restaurants. The company was founded in 1980 and is headquartered in Spartanburg, South Carolina.

DENN News:

October 28 - Denny's Corporation Reports Results for the Third Quarter 2008

Denny’s Corporation (Nasdaq: DENN) reported results for its third quarter ended September 24, 2008.

Third Quarter Summary

* Same-store sales decreased 2.7% at company units and decreased 6.1% at franchised units
* 12% increase in franchise operating margin to $19.9 million
* Company restaurant operating margin increased by 1.4 percentage points to 13.3% of sales
* 47% increase in adjusted income before taxes to $8.5 million
* Sold 21 company restaurants to six franchisees under Franchise Growth Initiative (FGI)
* Raising guidance for 2008 adjusted income before taxes to approximately $20 million, a 90% increase over 2007

Nelson Marchioli, President and Chief Executive Officer, stated, “We are pleased to report that our ongoing transition towards a franchise-based business model continued to drive core earnings growth in the third quarter. The success of our Franchise Growth Initiative (FGI) is apparent not only through lower depreciation from asset sales and lower interest expense from debt reduction, but also through higher restaurant operating margins as we continue to optimize our company restaurant portfolio. Despite disappointing sales results in the third quarter we were able to deliver higher restaurant level cash flow, providing further support for our strategic direction.

“Given that our outlook for sales trends remains guarded we will continue to diligently manage our operating costs as we look to build guest counts. The challenging consumer environment makes it more important than ever that Denny’s deliver craveable new products with a compelling value to our customers. Most importantly, the steps we have taken to strengthen our balance sheet and the absence of any material debt maturities over the next three years leave us well-positioned to continue our strategic initiatives and enhance shareholder value over time," Marchioli concluded.

Third Quarter Results

For the third quarter of 2008, Denny’s reported total operating revenue, including company restaurant sales and franchise revenue, of $189.3 million compared with $241.4 million in the prior year quarter. Company restaurant sales decreased $56.2 million due primarily to 137 fewer equivalent company restaurants compared with the prior year quarter resulting from the sale of company restaurants to franchisees under the Franchise Growth Initiative. During the third quarter, Denny’s closed one company restaurant and sold 21 to franchisee operators.

Company restaurant operating margin (as a percentage of company restaurant sales) for the third quarter was 13.3%, an increase of 1.4 percentage points compared with the same period last year. Product costs for the third quarter decreased 1.4 percentage points to 24.2% of sales due primarily to favorable menu mix and higher average guest check. Payroll and benefit costs increased 0.1 percentage points to 40.8% of sales as a prior year benefit to worker’s compensation expense and higher wage rates this year offset improvements in staffing efficiency and higher average guest check. Utility expenses increased 0.6 percentage points to 5.7% of sales as energy costs peaked in the third quarter.

Franchise revenue in the third quarter increased $4.1 million, or 16%, to $28.7 million due primarily to an increase of 141 equivalent franchise restaurants compared with the prior year period. The growth in franchise revenue included a $2.8 million increase in occupancy revenue, a $1.0 million increase in royalties and a $0.2 million increase in franchise fees. Franchise operating margin increased by $2.2 million, or 12%, to $19.9 million in the third quarter as higher franchise revenue offset a $1.9 million increase in franchise costs, primarily franchise occupancy costs. Franchise operating margin was 69.5% as a percentage of franchise and license revenue. During the third quarter, Denny’s franchisees opened eight new restaurants, closed fourteen and purchased 21 company restaurants.

General and administrative expenses for the third quarter declined $1.1 million from the same period last year resulting primarily from reduced staffing attributable to the new organizational structure announced in the second quarter.

Depreciation and amortization expense for the third quarter declined by $2.1 million compared with the prior year period primarily as a result of the sale of restaurant and real estate assets over the past year. Operating gains, losses and other charges, net, which reflect restructuring charges, exit costs, impairment charges and gains or losses on the sale of assets, increased $4.0 million in the quarter due primarily to a $2.9 million decrease in restructuring charges and a $1.1 million increase in gains on the sale of restaurants.

Operating income for the third quarter increased $4.8 million from the prior year period to $20.7 million. Excluding gains, losses, and other charges in both periods, operating income increased $0.8 million despite a $52.1 million decrease in total operating revenue attributable primarily to the sale of company restaurants.

Interest expense for the third quarter decreased $1.7 million, or approximately 16%, to $8.8 million as a result of a $70.1 million reduction in debt from the prior year period.

Net income for the third quarter was $10.6 million, or $0.11 per diluted common share, an increase of $5.6 million compared with prior year net income of $5.0 million, or $0.05 per diluted common share. Adjusted income before taxes for the third quarter was $8.5 million, an increase of $2.7 million, or 47%, compared with prior year adjusted income of $5.8 million. This measure, which is used as an internal profitability metric, excludes restructuring charges, exit costs, impairment charges, asset sale gains, share-based compensation, other nonoperating expenses and income taxes.

Franchise Growth Initiative (FGI)

Denny’s continues its strategic initiative to increase franchise restaurant development through the sale of certain company restaurants. During the third quarter, the company sold 21 restaurants to six franchisee operators under FGI, bringing the number of company restaurants sold year-to-date to 62 and the number sold since the program began in early 2007 to 192. Additionally, over the last 18 months Denny’s has signed development agreements for 150 new restaurants, 18 of which have opened, yielding a current development pipeline of 132 new restaurants.

Denny’s ended the third quarter of 2008 with a system mix of 78% franchised and licensed restaurants and 22% company restaurants compared with 66% franchised and licensed restaurants and 34% company restaurants before the FGI program began in 2007.

The 62 company restaurants sold in 2008 generated net sales proceeds of $30.2 million of which $27.5 million was received in cash and the remaining $2.7 million in the form of notes receivable. Approximately $15 million of the cash proceeds were used to reduce Denny’s credit facility term loan during the first nine months of 2008.

Business Outlook

Mark Wolfinger, Executive Vice President, Chief Administrative Officer and Chief Financial Officer, stated, “We expect our sales trends in the fourth quarter will be similar to our third quarter results. We also expect continued year-over-year improvement in restaurant operating margins, franchise profit contribution and organizational efficiency. As a result of increased earnings through the first nine months of the year and our expectation for earnings growth in the fourth quarter, we are increasing our guidance for adjusted income before taxes in 2008 to approximately $20 million, which implies a 90% increase over 2007.”

The following financial guidance for full-year 2008 is based on year-to-date results and management’s expectations at this time.

* Company same-store sales of (2.0%) to (1.0%) for 2008
* Franchise same-store sales of (5.0%) to (4.0%) for 2008
* 3 new company restaurant openings in 2008
* 26 to 29 new franchise unit openings in 2008 compared with 18 in 2007
* 75 to 85 company restaurants sold to franchisees under FGI
* Company restaurant sales of approximately $650 million compared with $845 million in 2007
* Franchise and license revenue of $112 million compared with $95 million in 2007
* Adjusted EBITDA of $89 million compared with $93 million in 2007
* Adjusted income before taxes of approximately $20 million compared with $10.5 million in 2007
* Cash interest expense of $32 million compared with $39 million in 2007
* Cash capital expenditures of $27 million compared with $33 million in 2007

Certain key considerations for understanding the Company’s outlook for fiscal 2008 compared with its 2007 results include:

1) 2008 will include 53 operating weeks (14 in the fourth quarter) compared with 52 operating weeks in 2007.

2) Additional operating week contributes approximately $3 million to adjusted income and adjusted EBITDA in the fourth quarter and full-year 2008.

3) The expectation of approximately 135 fewer equivalent company restaurants in 2008 compared with 2007 due to the impact of FGI across both years.

Further Information

Denny’s will provide further commentary on its results for the third quarter of 2008 on its quarterly investor conference call today, Tuesday, October 28, 2008 at 5:00 p.m. EST. Interested parties are invited to listen to a live broadcast of the conference call accessible through the investor relations section of Denny’s website at ir.dennys.com. A replay of the call may be accessed at the same location later in the day and will remain available for 30 days.

Denny’s is one of America’s largest full-service family restaurant chains, consisting of 332 company-owned units and 1,206 franchised and licensed units, with operations in the United States, Canada, Costa Rica, Guam, Mexico, New Zealand and Puerto Rico. For further information on Denny’s, including news releases, links to SEC filings and other financial information, please visit the Denny’s website.

MINERA ANDES INCORPORATED (OTCBB: MNEAF)
"Up 46.67% in morning trading"

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

Minera Andes, Inc., an exploration stage corporation, engages in the acquisition, exploration, and development of mineral properties located in the Republic of Argentina. The company principally explores for silver, gold, and copper. Its properties and projects consist of mineral rights and applications for mineral rights covering approximately 123,133 hectares in 3 Argentine provinces. The company holds interest in San Jose project area, which includes 1 exploration claim (cateo) and 46 contiguous mining claims covering 50,491 hectares; Santa Cruz project, including 15 cateos and 29 manifestations of discovery totaling 73,195 hectares in the Deseado Massif region of Santa Cruz; Chubut Project that include one manifestation of discovery at the El Valle property in the Precordilleran and Patagonian Massif regions of Chubut totaling 1,480 hectares; and San Juan Province project comprising the Los Azules project and 3 other properties totaling 48,547 hectares in southwestern San Juan province. Minera Andes, Inc. was founded in 1994 and is based in Spokane, Washington.

MNEAF News:

October 24 - Minera Andes files technical report confirming large copper resource at Los Azules

Minera Andes Inc. (OTC: MNEAF) (TSX: MAI) reported that a technical report in support of a resource estimate for Minera Andes' Los Azules copper project in Argentina has been filed in accordance with National Instrument 43-101.and is available at www.sedar.com.

The new technical report, by Minera Andes' independent consultant Donald B. Tschabrun, MAusIMM, of Tetra Tech in conjunction with Robert Sim, P.Geo., an independent qualified person as defined by NI 43-101 and Bruce Davis, FAusIMM, is entitled "Los Azules Copper Project San Juan Province, Argentina, NI-43-101 Technical Report," and summarized in a Minera Andes news release dated September 8, 2008 .

The report supports the independent resource estimate showing an inferred resource at Los Azules of 922 million tonnes, grading 0.55 percent copper, containing 11.2 billion pounds at 0.35 percent total copper ("CuT") cutoff. This resource occupies an area approximately 3.7 km by 1 km in size and contains a high-grade near surface copper core in the north (see maps in Sept. 8, 2008 news release).

Mr. Allen Ambrose, president of Minera Andes, an appropriately Qualified Person as defined by NI 43-101 for the Los Azules project, has reviewed and approved the content of this press release.

Minera Andes is a gold, silver and copper exploration company working in Argentina. The Company holds about 304,000 acres of mineral exploration land in Argentina including the 49% owned producing San Jose silver/gold mine. In addition to exploring the Los Azules copper project in San Juan province other exploration properties, primarily silver and gold, are being evaluated in southern Argentina. The Corporation presently has 189,621,935 shares issued and outstanding.

CHDT CORPORATION (OTCBB: CHDO)
"Up 37.50% in morning trading"

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

CHDT Corp. is a public holding company that engages, through its wholly owned subsidiaries, in the development, manufacturing, logistics, and distribution of consumer products to retailers and wholesalers throughout North America.

CHDO News:

October 29 - CHDT Corp. Reports Record Revenues and Profits for 3rd Quarter FY 2008

Conference Webcast Thursday, October 30th at 1:00 P.M.

CHDT Corp. (OTCBB: CHDO), a Florida-based management company with operating subsidiaries focused on designing and manufacturing consumer products for the North American retail market, reported financial results for the third Quarter of 2008.

Revenues increased 271% versus the 3rd Quarter of 2007. The company had revenues of $3,021,924 versus $814,688 in the 3rd Quarter of 2007. Nine month gross revenues increased 203% to $4,290,702 FY 2008 versus $1,415,165 in 2007.

For the three months ended September 30th, the company had net income of $63,581 from continuing operations versus a net loss of $267,764 in 2007 and a net loss of $512,118 in Q2 of 2008. Total assets increased to $5,654,005 in Q3 versus 3,693,374 in Q2 due to increased cash and accounts receivables.

The company has an order backlog in excess of $4,000,000 and expects sales to continue to steadily grow over the next few quarters as it implements additional STP®, Eco-i-Lite(TM), and Take(TM) programs. The fourth quarter will be the first full quarter of the year that all its product lines launched in 2007/2008 will contribute to the company's revenue stream. The fourth quarter is also historically the company's highest performing quarter due to holiday shipments.

"We are pleased with gross sales levels and profitability for the 3rd Quarter of FY2008, especially in light of very uncertain, challenging, general economic conditions in the U.S. In spite of this environment we continue to make progress in growing sales. Our management team had the insight in 2007 to developing new technology products that consumer's desire and we will continue launching exciting new products in 2009," said Chairman Howard Ullman. "The company has turned the corner from losses to profitability and we expect to continue on our growth plan throughout 2009."

CHDT Corp Conference Webcast

At 1:00 p.m. Eastern Time tomorrow, 10/30/2008, members of the news media, investors and the general public are invited to access a live webcast of the conference call via www.InvestorCalendar.com. The event will be archived and available for replay through 10/30/2009.

PROPALMS INCORPORATED (OTC: PRPM)
"Up 11.11% in morning trading"

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

Propalms TSE, the complete Server-Based Management solution that extends Microsoft Terminal Services 2000/2003, offers features such as Application Publishing, Seamless Windows, Resource-based Load balancing, and Web-based consoles.

PRPM News:

October 28 - Propalms, Inc. Successfully Completes Its Application to the OTC Bulletin Board

Propalms, Inc. (OTCBB: PRPM) announced that the Company has successfully been cleared to begin quotations on the OTC Bulletin Board.

“The Company is thrilled to have finally achieved one of our biggest goals of this year by completing its application to the OTC Bulletin Board. We look forward to continuing our growth as we add new customers through our suite of products. Propalms has established itself as a strong provider of Terminal Services and Virtual Desktop Infrastructures for large and small businesses. We are confident that our growth has only begun and look forward to continued growth heading into the New Year,” stated Robert Zysblat, President of Propalms, Inc.

CYTOCORE INCORPORATED (OTCBB: CYOE)
"Up 8.33% in morning trading"

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

CytoCore develops cost-effective, highly accurate screening systems for early detection of gynecological cancers and sexually transmitted diseases. Designed for easy deployment at a laboratory or at the point-of-care, the CytoCore suite of sample collection technologies assists in the detection of cervical, endometrial, and other cancers, as well as the human Papilloma virus. The CytoCore Solutions™ System is being developed to provide medical practitioners with highly accurate, low-cost, cervical and uterine cancer screening systems that can be seamlessly integrated into existing medical models.

CYOE News:

October 28 - Pivotal Study of SoftPAP Collector Demonstrates Significant Improvements Over Conventional Collection Technique for PAP Sample

* Significant Improvements Reported Over the Spatula/Cytobrush Across All Study Endpoints

* 26% Percent Improvement in False Negatives; 33% Improvement in False Positives

CytoCore Inc. (OTCBB: CYOE), the developer of cost-effective, screening systems for early detection of gynecological cancers and sexually transmitted diseases, today announced the data analysis from its 703 patient clinical trial on Adequacy, Efficacy and Safety between the SoftPAP® Collector compared to the standard Spatula/CytoBrush Technique. Results showed statistically significant improvements versus the Spatula/Cytobrush, which is commonly used by many physicians as the collection device for obtaining the PAP sample. Test results, involving seven sites in the continental United States, showed SoftPAP demonstrated better “sensitivity” (the ability to detect abnormal results such as cancerous and precancerous lesions) and better “specificity” (the accuracy of the determination) than the Spatula/Cytobrush.

SoftPAP’s superiority in “sensitivity” is reflected in SoftPAP’s 26% percent improvement or reduction in false negatives, an indication where precancerous or cancerous conditions are detected in samples collected using SoftPAP but not detected in samples collected using the Spatula/Cytobrush. SoftPAP’s superiority in “specificity” is reflected in SoftPAP’s 33% improvement or reduction in false positives, an indication where the patient has been inaccurately diagnosed as having a precancerous or cancerous condition.

Robert McCullough, Jr., Chief Executive Officer of CytoCore commented, “Along with providing a better sample as demonstrated by this trial’s superior results, the SoftPAP cervical cell collector should provide women a more comfortable experience during the PAP examination. When compared to the abrasive nature of the Spatula/Cytobrush, which many times can result in such side effects as bleeding and cramping, the SoftPAP collector is easier to use, faster and more accurate. One of the sites used in the clinical trial has agreed to sponsor the publication of the SoftPAP clinical trial results. Also, the dissemination of this data should be helpful to our distributors as they introduce SoftPAP to their customers.”

“The need for a reliable more effective cervical cell collector is obvious,” said Dr. Seth J. Herbst, MD, F.A.C.O.G., President of the Institute of Women’s Health and Body. “The SoftPAP cervical cell collector offers a dramatic improvement over today’s conventional collection method for the PAP test. The SoftPAP collector offers fast, more accurate specimen collection with less possibility for user error, which reduces the number of PAP tests that are misdiagnosed due to obscurity and thereby yielding fewer false positives and false negatives. I believe SoftPAP will become the standard of care for all PAP smears,” Dr. Herbst concluded.

Conventional specimen collection is a two-step process: first using a spatula to harvest cells from the outer cervix (ectocervix), second using a brush to harvest cells from the less accessible cervical canal (endocervix). Failure to harvest a sufficient number of cells results in the specimen being “unsatisfactory” for diagnosis. Furthermore, because cervical cancer and its precursor states have a tendency to begin in the transition zone which lies between the ectocervix and endocervix, collecting cells from the transition zone is critical to the early detection of this highly preventable and treatable disease.

The SoftPAP cervical cell collector offers a quicker, more accurate specimen collection with minimal possibility of user error. It is designed to consistently sample the entire cervix in a single-step using an inflatable balloon collector. The patented single-use silicon balloon is a mirror image of the surface of the ecto- and endo-cervix. During collection, the balloon is slightly inflated by pressing a button on the collector handle. The volume of air is fixed and controlled so over- or under-inflation cannot occur. When the balloon inflates, its surface comes into contact with all walls of the entire cervix in a single step. Cells are collected from 360 degrees around the ecto-cervix, the transition zone and from within the endo-cervix. No rotation is necessary. As evidenced by the results of the clinical trial, sampling in this manner improves the sensitivity and specificity of the diagnosis, provides ease of use for the physician, and offers greater patient comfort.