OTCPicks.com

FEATURED COMPANY

BRITE-STRIKE TECHNOLOGIES INCORPORATED (OTC: BSTI)
"Up 16.67% in morning trading"

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:

November 6 - Brite-Strike Tactical Illumination Products, Inc.'s Personal Protection System to Be Featured in the Prestigious Frontgate Christmas Catalog

Brite-Strike Tactical Illumination Products, Inc. (OTC: BSTI) announced that its "Lightning Strike" Personal Protection System will be featured in Frontgate's national Christmas catalog, and that shipments for the initial order will begin this week. The product is also being carried at 28 BJ's Wholesale Club locations, which can be found at www.brite-strike.com.

"This product, for the money, may be the most effective defensive tool available for women today, particularly in preventing assaults and rapes," said Glenn Bushee, President of Brite-Strike. "The gift set includes a powerful, but compact, tactical flashlight, with the patented tactical touch hi-low-strobe switch, a leather holster, as well as a personal safety alarm, that can emit a shrieking noise of up to 125 db, and can be effective in warding off dogs and assailants. The package includes other accessories, and is packaged in a presentation gift box."

The company also announced that sales of its flagship model, the "Tactical Blue-Dot" flashlight, currently being featured in the Herrington Catalog, remain very strong, and are expected to significantly exceed last year's sales, even in this challenging economic environment. The company has been informed that its product is the top selling product in the catalog at that price-point. "In tough economic times, such as now, the number of robberies and assaults rise dramatically, which increases the demand for all our products," said Mr. Bushee, president of Brite-Strike.

In other news, the company announced that it had shipped its first order to the Pennsylvania Prison System, an area where the company see's significant growth opportunities. The company is also currently in discussions with one major national retailer for the placement of the "Lightning Strike," and is in late-stage testing with one branch of the US Military.

The company recently filed a Form 15 with the SEC. This form is in preparation for the company's financial audit, and intent to file as an SEC reporting company, with application to file for listing on the OTC BB the first half of 2009.

"We are extremely optimistic about the future of Brite-Strike. We feel the current share price dramatically undervalues the company, and its long-term growth prospects. We project dramatic increase in revenues over the next several years, both from our existing product line, as well as new products," said Mr. Bushee. "We appreciate our loyal shareholders, and in acknowledgement of their support, we would like to offer any shareholders ordering product through customer service, at 781-585-5509, a discount on all their purchases, with free gift-wrapping for all our customers for the holiday season."

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:

November 13 - GreenChek Signs Strategic European Distribution Agreement

GreenChek Technology Inc. (OTCBB: GCHK), a leading globally focused provider of hydrogen based technology for mobile transportation and stationary power generation applications, reported today that they have signed a strategic European distribution agreement with Technical Environmental Solutions Europe Ltd. (TESEL). TESEL is a world-class and world-renowned distribution Company focused in Europe. The November 4, 2008, announcement of the Letter of Intent has been finalized by both parties.

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, stated, “We are very pleased to have signed this agreement with TESEL. Our proven ERD addresses the specific needs of multiple verticals in the European transportation industry. The agreement with TESEL marks a major milestone on route to our plan for aggressive global distribution of the ERD unit.” Walling added, “Our partnership with TESEL gives us the knowledge and ability to address and navigate complex European Government and intricate European transportation industry needs.”

FEATURED COMPANY

NEXPLORE CORPORATION (OTC: NXPC)

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

Company Profile: www.otcpicks.com/nexplore/nexplore.htm

NeXplore Technologies is developing a Web 2.0 search engine and an assortment of social networking portals and tools that will enable users to personalize their Web experience and tailor it to their unique needs, interests, and online pursuits. The Company’s social computing platform, MyCircle.com, offers an enhanced, user-friendly graphical interface search engine, combined with innovative backend technology, which enables users to improve the way they connect with information and other people on the Worldwide Web. MyCircle’s Web 2.0 interface provides users with an online tool for sharing their Blogs, Voice-Over IP, photos and documents, podcasts and videocasts, classified advertising, instant messages, SMS text messages, Chat and personal profiles.

NXPC News:

November 11 - Former Microsoft VP Rowland Hanson Joins NeXplore Advisory Board

Branding Mastermind Behind Microsoft Windows to Guide Business Development and Growth Strategy for NeXplore Search

NeXplore Corporation (OTC: NXPC) announced the appointment of Rowland Hanson to the NeXplore Corporation board of advisors.

Currently CEO of business strategy consulting firm The HMC Company, Mr. Hanson will draw upon his vast experience building brands and growing market share for some of the world's best known, high-growth companies to guide business development and growth initiatives for NeXplore Search (www.NeXplore.com), an innovative Web 2.0 search engine optimized for a superior end-user experience, rich-media display and social network integration.

Prior to founding The HMC Company, Mr. Hanson served as vice president of corporate communications for Microsoft, where he developed and executed the company's highly acclaimed branding strategy which included the market introduction of Microsoft's most popular product -- a graphical interface that Mr. Hanson named "Windows."

"What excites me about NeXplore Search is that the visually rich user interface engages consumers and, at the same time, reinvigorates an advertising medium that, although proven, is losing its luster as text overload leaves more and more consumers with search fatigue," said Hanson. "NeXplore Search is well-positioned to be at the forefront of the next generation of search, and I am pleased to be involved with NeXplore at such a pivotal moment. I look forward to helping the NeXplore executive team take this product and company to the next level."

"Rowland Hanson brings immense business experience, marketing insight and branding wisdom to NeXplore," said Edward Mandel, CEO of NeXplore Corporation. "His proven track record maps out perfectly with NeXplore's aggressive growth goals. Rowland's guidance will be instrumental as we move forward with strategic initiatives to accelerate popularity of NeXplore Search among consumers and drive traction of NeXplore Search among leading brand and direct-response advertisers. We are thrilled to have a professional of Rowland's caliber and distinction serving on the NeXplore advisory board."

Prior to Microsoft, Mr. Hanson served as vice president of worldwide marketing for Neutrogena Corporation, a skin care and cosmetics company that registered phenomenal growth through new product introductions and global partnering before being acquired by Johnson & Johnson.

Over the last several years, Mr. Hanson served as a consultant, CEO, president, and board of director member for several emerging companies.

Mr. Hanson served as president, CEO, and chairman of Amaze Inc., a multi-media software publisher of popular products such as The Far Side, Trivial Pursuit, Bloom County, and Berlitz theme computer calendars and screen savers. Hanson negotiated the sale of Amaze to Delrina Corporation.

Mr. Hanson was founder, CEO, and Chairman of iTravel Corporation, an exclusive developer of multi-media travel guides for United Airlines, United Vacations, and the travel agency network. Hanson negotiated the successful sale of iTravel to StarPress.

Mr. Hanson was business development consultant, branding consultant, and board member of ColdHeat, a company whose proprietary material science led to the successful introduction of several new consumer small appliances.

Mr. Hanson served as a business development consultant, branding consultant, and board member of The Nautilus Group, the developer and marketer of well-known fitness brands such as Bowflex, Nautilus, Schwinn Fitness, and StairMaster.

Mr. Hanson founded The b EQUAL Company with a mission to strengthen the child/parent bond by creating games that make learning a fun, interactive, family event. The b EQUAL Company partners included A&E (The History Channel / Biography), National Geographic, and DreamWorks, Discovery, among others. Hanson negotiated the merging of The b EQUAL Company into Specialty Board Games (SBG) of Toronto, Canada.

Mr. Hanson holds a BBA from Loyola University and an MBA from the Wharton School of Business (University of Pennsylvania).

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:

November 11 - Perf Go Green Expands Business Development Team

Partners With GEM Business Development to Broaden Retail and Consumer Awareness and Accelerate Go-to-Market Approach

Perf Go Green Holdings, Inc. (OTCBB: PGOG) (“Perf Go Green”), a marketer and distributor of biodegradable plastics, announced the expansion of its business development team through a partnership with GEM Business Development. GEM will assist Perf Go Green in building brand equity with consumers, gaining additional retail distribution and leveraging its partnerships with strategic retailers.

The GEM team will be led by Rebecca Gournay, President, who has more than 15 years of consumer packaged goods experience in Sales Management & Marketing. Prior to co-founding GEM, she served as Franchise Business Director, Marketing & Sales Operations at Johnson & Johnson. While at Johnson & Johnson, she worked on leading brands such as Splenda®, Lactaid®, Band-Aid®, Tylenol® and Aveeno®.

“GEM's deep knowledge of the consumer packaged goods industry will be a great asset to Perf Go Green as we continue to grow,” said Chief Marketing Officer Linda Daniels. “We picked GEM to help us refine our go-to-market strategy in the retail marketplace, enabling shoppers to make better environmental choices when they purchase household products. Our expanded team of seasoned executives will deliver a comprehensive consumer marketing plan, refine our go-to-market structure, and support retailers in their sustainability efforts by focusing on our authentic brand to drive category sales.”

Founded in November 2007, Perf Go Green premiered at the March 2008 International Home and Housewares Show in Chicago, where its products were honored for their design quality and innovation. Perf Go Green is now shipping seven prominent biodegradable plastic products categories, including 13-gallon kitchen trash bags, 30- and 39-gallon lawn & leaf bags, plastic drop cloths, Doggie Duty Bags™ and cat pan liners. Its products are available nationwide at more than 12,000 retail outlets. They are also sold online through Amazon.com and drugstore.com.

FEATURED COMPANY

RONN MOTOR COMPANY (OTC: RNNM)

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

Company Profile: http://www.otcpicks.com/ronn-motor-company.htm

Headquartered in Austin, Texas, Ronn Motor Company, Inc. is a design and manufacturing company focused on the leading edge engineering of environmentally friendly, finely built premium automobiles and technology. These technology systems include Hydrogen Fuel, Fuel cells, and Plug in-electrics will be incorporated into our automobiles and made available for aftermarket applications. Our products, coupled with RMC's core values of a strong sense of ethics, environmental sensitivity and premium quality, position the company as one of the new leaders in an automotive industry transitioning toward fuel efficiency.

RNNM News:

November 11 - Ronn Motor Company: 'Speculative Buy' Rating, Target Price $0.84 by Beacon Equity Research

Ronn Motor Company (OTC: RNNM) has received a Speculative Buy rating with a price target of $0.84 by Beacon Analyst, Victor Sula, Ph.D.

The full report is available at www.beaconequity.com/main/Page-data/Adpages/RNNM.

In the report, the analyst writes, “The Company’s H2GOTM system offers an immediate solution to the transportation industry for greenhouse gases emissions reduction. With the long term high oil prices environment a reality, RNNM solution has the potential to rapidly gather market share and report double-to-triple digits growth in sales. … Over the long term, the Company plans to maintain a double-digit growth in revenue due to increased acceptance of its offering and rollout of Hydrogen/Electric Plug-in Hybrid in 2010.”

Comparable companies in the hydrogen or exotic car manufacturing segment include Ballard Power Systems Inc. (Nasdaq: BLDP), FuelCell Energy Inc. (Nasdaq: FCEL), Plug Power Inc. (Nasdaq: PLUG) and Ener1 Inc. (AMEX: HEV).

November 10 - Frigette's Projection of Three-Year Retail Sales of One Million Units of Ronn Motor Company's H2GO™ Real Time Hydrogen Injection System Reinforced After Strong SEMA Response

Ronn Motor Company, Inc. (OTC: RNNM) announced that after strong SEMA response, the Company is reinforcing Frigette's projection of three-year retail sales of Ronn Motor Company's proprietary H2GO(TM) Real-Time Hydrogen Injection system could be potentially one million units globally, producing retail revenues potentially of up to $1 Billion in retail sales globally within the three years.

Ronn Maxwell, CEO of Ronn Motor Company, said, "The H2GO(TM) Real-Time Hydrogen Injection system was recently unveiled by Tommy DuPont, Publisher of the world renowned 'DuPont Registry' and revealed to the world at SEMA, the world's largest and most recognized automotive aftermarket convention show. The H2GO(TM) system is the catalyst behind the world's First Eco-Exotic sports car named the 'SCORPION(TM).' The Scorpion(TM) and the H2GO(TM) system were one of the most talked about features at this year's show and received unprecedented media coverage for its one-of-a-kind Green technologies that increase fuel mileage between 15-35% on any internal combustion engine while reducing noxious emissions to nearly zero.

"We are currently finalizing Global Distribution and manufacturing contracts with Frigette which is the largest aftermarket automotive manufacturer and distributor in the U.S. with nine regional distribution centers and over 5,000 distributors. Frigette products are sold directly or indirectly to over 170,000 locations worldwide. Frigette has distribution presence in the U.S.A., Europe, China, India and Russia."

Ronn Motor Company projections are based on assumptions from Frigette directly. In a prior news release, Mr. Phillip Kreymer, Director of Marketing at Frigette, said sales of one million units over the next three years are easily within Frigette's manufacturing and distribution capabilities and with a suggested retail price of $999.00 that would possibly produce revenues in the one billion dollar range.

Frigette is supplying products to many Original Equipment vehicle manufacturers including General Motors, Ford, Honda, Isuzu, Jaguar, Mazda, Nissan, and Subaru, and has been awarded the coveted "Q1 Supplier Award" by Ford Motor Company and the "First Team Supplier Award" by Nissan Motors of America. We also supply products to thirty-nine (39) OEM Recreational Vehicle manufacturers.

Frigette quality control standards have been approved by Chrysler Motors, Ford Motor Company, General Motors, Honda, Hyundai, Isuzu, Jaguar, Mazda, Nissan, Saturn, Subaru, GAZ, VAZ, Volvo, Winnebago, and others. Frigette's distributor network and key installers number in excess of 500 and have installation capabilities to support the Frigette products to the new car dealers who do not wish to perform installations. This assures the O.E.M. manufacturer that quality products, which they have approved, can be installed on their vehicles even though the car dealer may not wish to make the installation.

STOCKS TO WATCH

FUQI INTERNATIONAL INCORPORATED (NASDAQ: FUQI)
"Up 18.75% in morning trading"

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

Based in Shenzhen, China, FUQI International, Inc. is a leading designer of high quality precious metal jewelry in China, developing, promoting, and selling a broad range of products in the large and rapidly expanding Chinese luxury goods market.

FUQI News:

November 13 - FUQI International, Inc. Reports Third Quarter 2008 Financial Results

* 3Q08 Revenues Increased 159% to $93.7 Million
* 3Q08 Net Income Increased 140% to $6.5 Million, or $0.31 per Diluted Share
* Company Raises Fiscal 2008 Revenue, Net Income and Diluted EPS Forecast

FUQI International, Inc. (Nasdaq: FUQI) announced financial results for the quarter ended September 30, 2008.

Revenues for the third quarter of 2008 increased 159% to $93.7 million from $36.2 million in the third quarter of 2007, due to increases in sales volumes and selling prices in the wholesale business. Wholesale contributed $90.5 million to overall revenues, representing growth of 152% year over year, and exceeding expectations. Retail revenues were slightly lower than expected, primarily as a result of slower retail business in Beijing and Shanghai regions during the Olympic Games. Retail contributed $3.2 million to overall revenues during the quarter, with $2.2 million coming from Temix and $1.0 million from Fuqi branded products.

Gross profit in the third quarter of 2008 increased 144% to $11.0 million from $4.5 million for the same period in the prior year. Gross profit was positively impacted by higher than expected sales in the wholesale business and by the contribution of incremental gross profits from the retail business. Gross profit margin was 11.7% in the third quarter of 2008, down from 12.4% in the same period of the prior year.

Operating expenses in the third quarter of 2008 increased to $2.7 million from $807,000 in the same period of the prior year. This increase was a result of expanded administrative costs required to support a growing revenue base, higher promotion costs, payrolls, business taxes, options granted and increased salaries to certain executives, as well as expenses incurred as a result of being a publicly traded company. Additionally, personnel expenses associated with retail expansion, as well as higher security costs during the Olympics contributed to higher operating expenses. Operating income in the third quarter increased 124% to $8.3 million from $3.7 million in the third quarter of 2007.

Net income in the third quarter of 2008 increased 141% to $6.5 million, or $0.31 per diluted share, from $2.7 million, or $0.21 per diluted share, in the same period of the prior year. Net margin was 7.0%, down from 7.5% in the prior year period. The decrease in net margin was primarily a result of increased operating expenses due to infrastructure expansion to support revenue growth. Non-cash items in the third quarter of 2008 included a $149,000 expense for equity based compensation and a $209,000 retail barter revenue gain. (Barter exchanges are incurred when retail customers trade-in their jewelry to obtain barter credits that can be used in lieu of cash to buy jewelry products at the Company's retail counters). Third quarter 2008 net income also benefited from a $23,000 non-operating income derivative gain associated with gold futures the Company purchased to hedge against its inventory position during the quarter.

On September 30, 2008, the Company had cash of $56.2 million, compared with $63.3 million on December 31, 2007, as the Company invested in inventory to fill up retail counter and store show cases and fulfill large orders generated from jewelry trade fairs, and as the Company paid $3.9 million cash consideration during the quarter for the acquisition of Temix. Total inventory at the end of the third quarter was $50.4 million, up from $35.1 million at the end of the second quarter, which includes inventory valued at approximately $9.8 million from the Temix acquisition. Management expects inventory and cash positions to fluctuate from time to time as the Company anticipates periods of high demand and increases of inventory to meet that expected demand.

Mr. Yu Kwai Chong, Chairman of Fuqi International, commented, "We are very pleased with our results for the third quarter, which exceeded our expectations, despite some slowing in the growth rate of the global economy, and therefore the Chinese economy, as well as the financial impact of the Olympics, which not only caused slower than expected retail sales, but also higher security expenses. In spite of these issues, we continue to see increasing demand for our products, and larger orders from our existing customers. We also believe that recent government stimulus policies can motivate additional consumer spending. We have a strong balance sheet to support our growth, the right mix of products and distribution and a strong management team. We believe that Fuqi is poised to build the leading provider of luxury jewelry products in China."

2008 Financial Outlook

For the full year 2008, the Company is raising its 2008 revenue, net income and diluted earnings per share estimates. It now expects total revenue of approximately $345 - $350 million. This forecast is comprised of $337 - $341 million in expected wholesale revenue and $8 - $9 million in expected revenue from retail. The Company also anticipates consolidated net income of $25.9 - $26.5 million, and diluted EPS of $1.17 - $1.20, based on a weighted average share count of 22.1 million shares.

For the fourth quarter, the Company anticipates total revenue of approximately $107-112 million, which represents $103 - $107 million in wholesale revenues and $4 - 5 million in retail revenues. Net income in the fourth quarter is expected to be in the range of $7.6 - $8.0 million, or $0.34 - $0.36 per diluted share, based on a weighted average share count of 22.1 million shares. Gross margin for the fourth quarter is expected to be approximately 11.0%, and net margin is expected to be approximately 7.1%.

Mr. Chong continued, "Having handily exceeded our own expectations for the third quarter, in the face of a slowing global economy, we remain optimistic about the future growth of Fuqi in China, as evidenced by our increase in guidance. Our growth will continue to be driven by wholesale revenue in the near term, but we believe that longer term the Temix and Fuqi retail brands can have a significant impact on our margins. We believe we are well positioned in both the wholesale and the retail business to capture ongoing demand for luxury jewelry products - primarily gold, but also platinum and diamond. Our Temix expansion is complete in the larger markets and we are beginning to focus our expansion into Tier 2 and 3 cities, where we believe the best future opportunities for revenue growth are. To serve the overall business, we will continue to manage our balance sheet to be prepared to capitalize on opportunities we see in the marketplace."

RICK'S CABARET INTERNATIONAL INCORPORATED (NASDAQ: RICK)
"Up 10.91% in morning trading"

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

Rick’s Cabaret International, Inc. operates upscale adult nightclubs serving primarily businessmen and professionals that offer live adult entertainment, restaurant and bar operations. The company owns, operates or licenses adult nightclubs in New York City, Miami, Philadelphia, Las Vegas, New Orleans, Charlotte, Dallas, Houston, Minneapolis and other cities under the names "Rick's Cabaret," "XTC," “Club Onyx” and “Tootsie’s Cabaret”. Sexual contact is not permitted at these locations. Rick’s Cabaret also owns the adult Internet membership Web site, couplestouch.com, and a network of online adult auction sites under the flagship URL naughtybids.com.

RICK News:

November 14 - Rick's Cabaret International, Inc. Nightclub Sales Climb 113 Percent to $6.1 Million in October; Same Club Sales up 8 Percent

Rick’s Cabaret International, Inc. (Nasdaq: RICK), the premier chain of upscale gentlemen’s clubs, said its nightclub sales in October were $6.1 million, a 113 percent increase over October 2007. Sales at clubs operated for more than a year were up eight percent over the previous year’s October results.

“These results are so outstanding that we have made an exception to our policy of announcing sales only on a quarterly basis, so that we could bring the news out sooner,” said Eric Langan, President and CEO of Rick’s Cabaret.

Mr. Langan said that sales were up nearly 30 percent at the company’s flagship New York City club, which had a record month. Each of the company’s brands — Rick’s Cabaret, XTC Cabaret and Club Onyx — reported sales increases over the previous year.

“Our Tootsie’s Cabaret in Miami continues to perform ahead of original expectations,” said Mr. Langan. “Our newest club, Rick’s Cabaret Las Vegas, is dealing with the general slowdown in Las Vegas traffic.”

Mr. Langan said the company expects its next nightclub sales report will be made shortly after the end of the current quarter. The company will issue its fiscal 2008 and fourth quarter results and will hold a conference call in December, but has not yet selected a date.

SUTOR TECHNOLOGY GROUP LIMITED (NASDAQ: SUTR)
"Up 10.12% in morning trading"

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

Sutor is one of the leading private manufacturers of steel finishing fabrication products in China. Sutor utilizes a variety of processes and technological methodologies to convert steel coils manufactured by third parties into steel finishing fabrication products, including hot-dipped galvanized steel, pre-painted galvanized steel, acid-pickled steel, and cold-rolled steel.

SUTR News:

November 13 - Sutor Technology Group Limited Announces First Quarter Financial Results of Fiscal Year 2009

* 1QFY09 Revenue Increases 2.30% to US$101.78 Million Compared with 1QFY08
* 1QFY09 Net Income increases 52.89% to US$10.12 Million

Sutor Technology Group Limited (Nasdaq: SUTR) (the "Company" or "Sutor"), a leading provider of steel finishing fabrication products in China, today announced first quarter financial results of fiscal year 2009.

First Fiscal Quarter 2009 Financial Highlights:

A) Total revenues increased 2.3 % over the first quarter of FY2008 to US$101.8 million; revenue from unrelated parties increased 28.7% to $74.4 million compared to $57.8 million for the first quarter FY2008.

B) Income from operations increased 48.0 % over the first quarter of FY2008 to US$12.3 million.

C) Net income increased 52.9 % over the first quarter of FY2008 to US$10.1 million.

D) Fully-diluted earnings per common share for the first quarter of FY2009 increased 58.8% to US$ 0.27, compared with US$0.17 for the first fiscal quarter 2008.

Ms. Lifang Chen, Chairlady and CEO of Sutor said, "I am pleased to report another strong quarter of growth attained by solid execution of our business strategy, expanding our vertical integration, which has provided a total solution to our customers, and more efficient management and strong cost control. We are well positioned to continue our growth with recently announced commencement of operations of our new 400,000 metric ton hot-dipped galvanized steel production line. The new hot-dipped galvanized steel production line is capable of galvanizing both hot-rolled and cold-rolled steel with both zinc and aluminum, which will significantly expand our production capacity of hot-dipped galvanized steel and continue to strengthen our vertical integration strategy. With the announcement of China's $586 billion stimulus package, we are optimistic about the Company's growth in 2009."

First Quarter Fiscal Year 2009 Financial Results

Revenues. Total revenue increased to US$101.8 million in the first quarter FY2009, compared with US$ 99.5 million for the first quarter FY2008, representing an increase of 2.3%. However, in accordance with our strategy revenue from unrelated parties increased 28.7% and now accounts for 73.1% of our total revenue compared to only 58.1% for the same period last year.

Gross Profit. Gross profit increased by18.12 to US$13.5 million for the first quarter of FY2009 compared with US$11.4 million in the first quarter FY2008. Gross margin was 13.2% in the first quarter FY2009, compared with 11.4% in the first quarter FY2008. These gross profit and gross margin increases resulted primarily from increased sales of the Company's pre-painted galvanized steel products, expanded vertical integration, favorable impact of economies of scale and increased direct sales to unrelated parties. For the first quarter FY2009, our pre-painted galvanized steel products, which are higher value-added, higher margin products, contributed approximately 40.4% of the total revenue, as compared with 33.8% for the same period last year.

Income from Operations. Income from operations for the first quarter FY2009 was US$12.3 million, representing a 48.0 % increase, compared with US$8.3 million in the first quarter FY2008.

Operating Expenses. Our total operating expenses decreased by 63.0%, to US$1.1 million in the first quarter of FY2009, compared with US$3.1 million in the first quarter FY2008. This decrease mainly resulted from a decrease of the reserve for bad debts.

Income before Tax and Minority Interests. As a result of the foregoing, our income before tax and minority interests increased by 51.8 %, from US$7.5 million in the first quarter FY2008 up to US$11.3 million for the first quarter FY2009.

Provision for Income Tax. Our provision for income tax increased by 42.8 % from US$0.8 million for the first quarter FY2008 to US$1.2 million for the first quarter FY2009, mainly due to the increase of our taxable income and the increased tax rate of our subsidiary Changshu Huaye Steel Strip Co., Ltd. According to the new PRC enterprise income tax law, which became effective on January 1, 2008, the enterprise income tax rate for Changshu Huaye Steel Strip Co., Ltd. is now 12.5% as compared to 12% in 2007.

Net Income. Net income increased by 52.9% from US$ 6.6 million for first quarter FY2008 to US$10.1 million for the first quarter FY2009, primarily as a result of the increase of gross margin, as explained above, and the decrease of general and administrative expenses.

Inventory. Inventory increased by 76.6% to US$90.64 million in the first quarter FY2009, compared with US$51.31 million in the fourth quarter FY2008. The increased inventory was mainly resulted from increased purchase of raw materials made in preparation for the commencement of the production of the Company's new 400,000 metric ton production line and some customers' delayed pick-up of and payment for pre-ordered finished products. Once those customers fulfill their purchase obligations, as the management anticipates they will, the Company's inventory will decrease.

Financial Condition

The Company's cash and cash equivalents balances as of September 30, 2008 were $14.8 million, compared with $13.1 million as of September 30, 2007. As of September 30, 2008, the Company's working capital was $ 85.6 million. Meanwhile, stockholders' equity increased 47.2% to $143.2 million, compared with $97.3 million at September 30, 2007.

Functional Currency and Translating Press Release

The functional currency of the Company is the Chinese Yuan Renminbi ("RMB"); however, the accompanying financial information has been expressed in United States Dollars ("USD"). The accompanying consolidated balance sheets have been translated into USD at the exchange rates prevailing at each balance sheet date. The accompanying consolidated statements of operations and cash flows have been translated using the weighted-average exchange rates prevailing during the periods of each statement. Transactions in the Company's equity securities have been recorded at the exchange rate existing at the time of the transaction.

ZAGG INCORPORATED (OTCBB: ZAGG)
"Up 13.64% in morning trading"

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

ZAGG Inc designs, manufactures, and distributes protective clear coverings and accessories for consumer electronic and hand-held devices, worldwide under the brand name invisibleSHIELD™. The invisibleSHIELD is a protective, high-tech patented film covering, designed for iPods, laptops, cell phones, digital cameras, PDAs, watch faces, GPS systems, gaming devices, and other items. The patent-pending invisibleSHIELD application of clear protective film covering a device is the first scratch protection solution of its kind on the market, and has sold over one million units. Currently, ZAGG offers over 2,500 precision pre-cut designs with a lifetime replacement warranty through online channels, big box retailers like Best Buy, resellers, college bookstores, Mac stores and mall kiosks. The company continues to increase its product lines to offer additional electronic accessories to its tech-savvy customer base, as well as an expanded array of invisibleSHIELD products for other industries.

ZAGG News:

November 13 - Tower Bancorp, Inc. and Its Subsidiary, The First National Bank of Greencastle, Forms Partnership with Graystone Bank

Company Reports Positive Net Income, Record Sales for Third Quarter and Year-to-Date 2008

ZAGG Inc. (OTCBB: ZAGG), the leading provider of protective film coverings for personal electronics under the brand name invisibleSHIELD, announced significant increase in revenues over the third quarter of 2007 and positive net income for the third quarter and for the nine months ended September 30, 2008.

“We are very pleased to see the results of our business plan taking shape. Our continued, sustained revenue growth is very encouraging, particularly in a period of economic turmoil,” said Robert G. Pedersen II, President and CEO of ZAGG. “As a young company, it is noteworthy to have reached our goal of positive net income and positive earnings per share.”

“The expansion of our sales distribution has been a key factor to our record sales in 2008, and has really helped promote the invisibleSHIELD brand,” said Pedersen. “Our partnerships with the leading retail outlets Best Buy and Carphone Warehouse in Europe have been critical to our accomplishments. We have also seen major expansion of our international distribution, which has been very important to us.”

These events will be discussed in further detail during the investor conference call scheduled for Friday, November 14, 2008 at 1:00 PM EST. Executives will be available to answer questions, and information will be presented regarding the results as reported in Form 10-Q for the three months ended September 30, 2008. To participate in the call please dial 877-407-0782 (201-689-8567 for international callers). Interested parties may also listen via the Internet at www.investorcalendar.com and on the company website at www.ZAGG.com. The call will be available for replay for 30 days by dialing 877-660-6853 (201-612-7415 for international callers) and entering account number 286 and call ID number 302910.

Financial Results

Net sales for the third quarter of 2008 were $6,854,916, an increase of 376.9% compared to net sales of $1,437,408 for the third quarter of 2007. Net sales for the nine months ended September 30, 2008 were $12,460,812, an increase of 310.6% compared to net sales of $3,034,714 for the nine months ended September 30, 2007.

Gross profit for the third quarter of 2008 was $4,437,928, or 64.7% of sales, compared to $1,138,381, or 79.2% of sales, in the third quarter of 2007. Gross profit for the nine months ended September 30, 2008 was $8,540,809, or 68.5% of sales, compared to $2,344,856, or 77.3% of sales. We reported net income of $889,743 or $0.05 per share in the third quarter of 2008 compared to a net loss of ($733,428) or ($0.04) per share in the third quarter of 2007. We reported net income of $950,278 or $0.05 for the nine months ended September 30, 2008 compared to a net loss of ($1,052,293) or ($0.07) for the nine months ended September 30, 2007.

CERTIFIED ENVIRONMENTAL GROUP INCORPORATED (OTC: CENV)
"Up 20.00% in morning trading"

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

Certified Environmental Group develops and commercializes alternative energy solutions focusing on clean drinking water, power and shelter through its fully owned operating subsidiary Global Life Water.

CENV News:

November 10 - Certified Environmental Group Announces Proper Share Structure and Corporate Direction

Certified Environmental Group Inc. (OTC: CENV) and its subsidiary Global Life Water informs its shareholders that the company is moving forward in an aggressive fashion to complete several agreements with large development companies to move forward our company initiative of providing clean drinking water and power to regions less fortunate.

As revealed in its first press release, CENV is working alongside pink sheets to become a reporting company. Many investors have contacted CEG management via phone and email in the last several days asking the current share structure for CENV. Management will be retiring 190,000,000 shares this week to bring the current structure by week's end to the following:

Authorized Shares: 900,000,000
Issued and Outstanding Shares: 551,169,434
Restricted Shares: 504,811,553
Free trading Shares: 46,357,881
Held in CEDE:40,364,183

Management plans to upload a current report from DTCC indicating the current number of shares in "CEDE" as well as update pink sheets with the proper share as soon as the shares have been retired later this week. Certified Environmental Group Inc. has several exciting plans in the works and will continue to keep its shareholders informed.

GUARD DOG INCORPORATED (OTC: GRDO)
"Up 50.00% in morning trading"

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

Guard Dog, Inc. is rapidly accelerating to become an industry leader in the rapidly growing field of Identity Theft Protection. The company strives to serve the growing needs of consumers throughout the United States. Guard Dog, Inc. is an aggregator and supplier of a broad spectrum of services similar to that of other industry leaders including LifeLock. However, in addition to offering a similar suite of services to that of competitors, Guard Dog, Inc. provides downloadable applications, which will notify a customer through a computer alert notification in the event of any identity theft red flags become triggered.

GRDO News:

November 14 - Guard Dog Shareholder Update

Guard Dog, Inc. (OTC: GRDO) announced that the company is taking corporate actions which will reduce the number of shares of Class A common stock outstanding by 200 million shares.

The shares, which were a component of a corporate financial transaction, are being returned via expedited service to the transfer agent which will reduce the outstanding Class A common stock outstanding by 200 million shares.

As an update on a previous announcement, the paperwork to reduce the authorized shares of Class A common stock was sent to the Secretary of State’s office on Thursday, November 13, 2008.

Additionally, the company had requested that the transfer agent temporarily suspend dissemination of corporate information for a brief period of time, during which time the company was conducting a review. The suspension policy will be removed for the opening of business on Monday. Shareholders are encouraged to make inquiries at that time.

ARYX THERAPEUTICS INCORPORATED (NASDAQ: ARYX)
"Up 41.54% in morning trading"

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

ARYx Therapeutics is a biopharmaceutical company focused on developing a portfolio of internally discovered products designed to eliminate known safety issues associated with well-established, commercially successful drugs. ARYx uses its RetroMetabolic Drug Design technology to design structurally unique molecules that retain the efficacy of these original drugs but are metabolized through a potentially safer pathway to avoid specific adverse side effects associated with these compounds. ARYx currently has four products in clinical trials: an oral anticoagulant agent for patients at risk for the formation of dangerous blood clots, ATI-5923; an oral anti-arrhythmic agent for the treatment of atrial fibrillation, ATI-2042; a prokinetic agent for the treatment of various gastrointestinal disorders, ATI-7505; and, an agent for the treatment of schizophrenia and other psychiatric disorders, ATI-9242.

ARYX News:

November 12 - ARYx Reports Third Quarter 2008 Financial Results

As a Result of Recent Clinical, Strategic and Financial Progress ARYx Is Well Positioned to Achieve Its Corporate Milestones

ARYx Therapeutics, Inc. (Nasdaq: ARYX) reported results of operations and provided an update on its products for the third quarter ended September 30, 2008. An announcement of the completion of an agreement to raise $21.6 million in a private placement is contained in an accompanying press release.
“We continue to make significant progress towards our clinical, strategic and importantly, financial goals and, as a result, we believe ARYx is well positioned to achieve its corporate and product-related milestones. In fact, we are delighted to find ourselves progressing on multiple clinical programs while substantially strengthening our balance sheet,” said Dr. Paul Goddard, chairman and chief executive officer of ARYx. “Presently, we are in active discussions with a number of potential partners related to our leading product candidates, the novel, oral anticoagulant, ATI-5923, and the novel oral anti-arrhythmic agent, ATI-2042. The announced private placement financing gives us increased leverage as we consider potential partnerships so that we can secure the right collaboration partner for these valuable assets.”

Company Highlights

ARYx entered into a definitive agreement to raise $21.6 million in a private placement of approximately 9,649,545 shares of common stock from a group of existing and new top-tier investors. Proceeds from this financing will be used to strengthen ARYx’s balance sheet and provide the necessary capital to execute on its planned clinical programs while enhancing ARYx’s strategic negotiating position with potential collaboration partners.

ARYx completed patient enrollment in the ongoing Phase 2/3 clinical trial of ATI-5923 against the leading anticoagulant agent, warfarin. Based on recent interactions with the FDA, ARYx believes that this Phase 2/3 trial could be positioned as one of the pivotal trials needed for registration. ARYx expects data from this trial to be available by the end of the first half of 2009 as previously forecast and is currently in active discussions with companies interested in potentially partnering on ATI-5923.

ARYx completed enrollment in a Phase 2 clinical trial studying ATI-2042 for the treatment of patients with atrial fibrillation. ARYx is confident it will be able to report top-line data from this trial by the end of this year, as previously forecast and is currently in active discussions with companies interested in potentially partnering on ATI-2042.

ARYx is finalizing its submission to the FDA of the results for a Thorough QT (TQT) study of its oral prokinetic agent, ATI-7505. ARYx will use these results, along with the existing positive clinical and preclinical data, to seek a collaboration partner to continue development of ATI-7505.
Results of Operations

For the third quarter of 2008, ARYx reported net income of $3.2 million, or $0.17 diluted net income per share, compared to a net loss of $7.3 million, or $6.30 net loss per share, in the third quarter of 2007.

Revenues for the third quarter of 2008 were $17.5 million compared to $1.0 million in the same period of 2007. This one-time increase in revenue and net income was primarily due to the recognition of the remaining unrecognized nonrefundable upfront license fee received from Procter & Gamble Pharmaceuticals, Inc. (P&G) as a result of P&G’s termination during the quarter of the collaboration agreement covering our prokinetic agent, ATI-7505.

Research and development expenses for the third quarter of 2008 were $11.8 million compared to $6.6 million in the same period of 2007. The increase in expense is primarily due to costs associated with the ongoing Phase 2/3 clinical trial for ATI-5923 and the ongoing Phase 2 clinical study of ATI-2042.

General and administrative expenses for the third quarter of 2008 were $2.4 million compared to $1.9 million for the third quarter of 2007. The increase in expense is primarily due to higher personnel and related expenses, and other administrative costs associated with enabling ARYx to function as a public company, including efforts towards compliance with the requirements of the Sarbanes-Oxley Act.

As of September 30, 2008, ARYx had cash, cash equivalents and marketable securities totaling approximately $33.8 million. We believe that with the completion of the private placement announced today, the company will have sufficient funds to finance operations through the first quarter of 2010 even in the absence of the completion of any corporate alliances for its programs.

Conference Call and Webcast Information

ARYx will host a conference call and simultaneous Webcast on Wednesday, November 12, 2008 at 8:00 a.m. Pacific Time to review the results for third quarter of 2008 and to provide a general business update on the company. The Webcast will be available live via the Internet by accessing the ARYx Website at www.aryx.com. Alternatively, the call can be accessed by dialing 877-604-9674. Participants outside of the U.S. should dial 719-325-4916. The passcode for the call is 1256451.

Replays of the call will be available until December 15, 2008 at ARYx's Website.