OTCPicks.com

For Monday, November 17th

TSLI, QMCI, BSTI, GCHK, NXPC
LVLT, BCND, CHIP, GRDO, FONR, FWTC

Our Stocks to Watch today include TapSlide Inc. (OTCBB: TSLI), QuoteMedia Inc. (OTCBB: QMCI), Brite-Strike Tactical Illumination Products Inc. (OTC: BSTI), GreenChek Technology Inc. (OTCBB: GCHK), NeXplore Corp. (OTC: NXPC), Level 3 Communications Inc. (Nasdaq: LVLT), Beacon Redevelopment Industrial Corp. (OTC: BCND), VeriChip Corp. (Nasdaq: CHIP), Guard Dog Inc. (OTC: GRDO), FONAR Corp. (Nasdaq: FONR) and Freshwater Technologies Inc. (OTCBB: FWTC).

FEATURED COMPANY

QMCI

TAPSLIDE INCORPORATED (OTCBB: TSLI)

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

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

TapSlide is set to become the world's leading publisher of iPhone, Android, and Symbian mobile applications. The company combines the industry's best mobile application developers with in-depth technical knowledge of touch-screen application development and a highly creative team of designers specializing in the creation of applications for the advertising and promotions industries. TapSlide specializes in private labeled mobile applications and application publishing services for the new breed of touch screen mobile phones. TapSlide's senior management team has created numerous past successes providing white-label technology solutions to Fortune 500 companies. The list of past successes reads like a who's-who of the technology, automotive, and publishing industries and includes (but not limited to): HP, Dell, T-Mobile, Sprint, Verizon, iRobot, Nokia, Samsung, Archos, Volvo, Mini Cooper, Thule, Nalgene, Maxim Magazine, Blender Magazine, Tiger Beat & Bop Magazines, SoBe Beverages, Americas Top Model TV Show, Best Buy, RadioShack and Blockbuster. Visit www.TapSlide.com for more information about TapSlide.

TSLI News:

November 17 - TapSlide and Global Wireless Entertainment Announce Strategic Partnership To Develop iPhone and Google Android Mobile Applications

Partnership to Deliver TapSlide Created Mobile Games and Applications for the Apple iPhone and Google Android Platforms, Based on GWE's Broad Portfolio of Licenses and Brands

TapSlide (OTCBB: TSLI) and Global Wireless Entertainment (GWE) announced a strategic partnership to explore the development of mobile games and applications for the new generation of touch screen phones based on the iPhone and Google Android platforms. As part of the partnership GWE will research its broad stable of licenses and brands under management and identify which ones will be best suited for TapSlide to develop into mobile applications and games. TapSlide will extend the GWE portfolio of licenses and brands into the new realm of touch screen phones running the latest operating systems from Apple and Google. The partnership will focus on building, marketing and deploying games and applications that utilize the Apple iPhone and Google Android mobile platforms, with a focus on touch screen mobile phones.

"We are very excited to be working with GWE in creating mobile applications for some of their brands," said Mike Stemple, CEO of TapSlide. "Paul and his team at GWE bring a wealth of knowledge and connections to TapSlide and we look forward to some very exciting developments from this partnership."

"Mike Stemple is an industry visionary and has proven that he can create successful products and companies," said Paul Buss, CEO of GWE. "I was so impressed with his last company Skinit.com and the revenue creation it brought for our licenses and brands that we purchased it and made it a part of GWE."

Specific TapSlide/GWE mobile games and applications will be announced in the coming months.

ABOUT GLOBAL WIRELESS ENTERTAINMENT / SKINIT INC.

Global Wireless Entertainment is the parent company to San Diego-based company Skinit, Inc. Skinit is the market leader in mobile consumer electronics personalization with its unique offering of customized, branded (NFL, MLB, NBA, NHL, Collegiate, Disney, Warner Bros, Lucas Arts and many more) and graphic stock designs that total over four million SKUs. Skinit provides leading OEMs, wireless carriers, MVNOs and distributors with turnkey personalization platforms that increase product differentiation, sales velocity, margins and brand impressions. For channel partners, Skinit offers unparalleled capabilities in on-demand manufacturing, fulfillment, supply chain, image portfolio and product line extensions. On the business-to-consumer end, Skinit offers the ultimate in personalization with its Customizer program, enabling end-users to upload, customize, and create their own skins. Skinit's photo quality removable skins made from exclusive 3M Scotchprint graphics are customized to fit consumer electronic devices including mobile handsets, MP3 players, desktop and laptop computers, gaming consoles, routers, and monitors. To learn more about Skinit, visit www.skinit.com.


FEATURED COMPANY

QMCI

QUOTEMEDIA INCORPORATED (OTCBB: QMCI)

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

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

QuoteMedia, Inc. is a leading software developer and provider of real-time streaming financial market information, decision-support, news and research solutions to brokerage, financial services companies, business and media corporations. Among its many leading-edge products lines, the Company offers data feeds, news, dynamic market content solutions, interactive stock research tools, financial applications and real-time wireless applications. QuoteMedia provides data and services for companies such as the NASDAQ, the OTCBB, Dow Jones & Company, Forbes.com, Scotia Capital, Business Wire, Southwest Securities, Regal Securities, FBR Direct, Broadridge Financial Solutions, Inc., AIM Trimark, Zacks Investment Research, ChoiceTrade, QTrade, Schaeffer's Investment Research, Automated Financial Systems, WallStreet*E, and others. For more information, visit www.quotemedia.com.

QMCI News:

November 17 - QuoteMedia Reports 26% Increase in Revenue for Q3 2008; and 33% Increase for Comparative 9 Month Period

QuoteMedia, Inc. (OTCBB: QMCI), a leading provider of market data and financial applications, announced financial results for the three and six months ended June 30, 2008. These results reflect a 30% increase in second quarter revenues, to $1,724,396 from $1,331,405 in the comparative period in 2007. Revenue for the six months ended June 30, 2008 increased 37%, to $3,412,071 from $2,492,105 in the comparative period in 2007. At June 30, 2008 the Company’s cash balance was $463,214, an increase of $105,898 from the balance at December 31, 2007. Net cash provided by operating activities was $377,428 for the six months ended June 30, 2008; this represents an $875,428 increase in cash generated from operations, when compared to the $598,000 that was used in operating activities in the comparative period.

“The significant revenue growth during the quarter resulted from increased sales of our Interactive Content and Data Applications as well as from increased subscriptions to our Quotestream product line,” says Keith Guelpa, president of QuoteMedia, Inc. “This is our 21st consecutive quarter of revenue growth, reflecting the strong continuing market penetration of our full line of financial data products and the increasing depth of our data offerings, which now cover over 70 exchanges worldwide.

“During the second quarter, QuoteMedia continued to build on the revenue growth momentum that has been building since 2007. We furthered our introduction of Quotestream II to the market, the new generation of our portfolio management system, with enhanced features and functionality. The Company also continued its early release of Quotestream Professional. Where Quotestream II is geared towards providing a professional level experience to non-professional users, Quotestream Professional is designed specifically for use by financial services professionals, offering unparalleled functionality at extremely aggressive pricing.

“Our second quarter was also significant in that much of the groundwork was laid for developments that are coming to fruition now. One example is our announcement earlier this week of our enterprise agreement with Penson Worldwide Inc. Penson is a global provider of execution, clearing, custody, settlement and technology infrastructure products to the financial services sector. Under this agreement Penson will integrate QuoteMedia offerings into platforms that it provides to its nearly 300 correspondent financial services firms. As well, Penson will offer its clients Quotestream Pro and Quotestream II. Also, earlier this month we announced that Mr. James Kelly joined the Company. He is a senior sales executive who brings a wealth of knowledge and successful experience to QuoteMedia, particularly in the financial services professional market to which Quotestream Professional is targeted. Mr. Kelly joins Mr. George Katsch in our New York office. Founded on marketing developments such as these and others, and our performance record, we expect that our customer base will continue to expand dramatically and that our trend of strong revenue increases, quarter over quarter, will continue into the foreseeable future.

“We remain focused on our revenue growing strategies,” says Guelpa. “Our plan of operation for the remainder of 2008 continues to focus on marketing Quotestream II for deployments by brokerage firms to their clients, and moving with increasing strength into the investment professional market with Quotestream Professional. We also plan to continue the market penetration of our Data Feed Services, which is a particularly fertile segment of our product line. We will also continue to license our Quotestream Wireless applications and add new data content to expand our line of Interactive Content and Data Applications.”

“As previously forecasted, and consistent with our focus on expansion, we experienced a loss for the quarter of $360,758 compared to a loss of $424,902 in the comparative period. For the six months ended June 30, 2008 we incurred a loss of $715,677 compared to a loss of $796,987 in the comparative period. While we expect that we will continue to incur losses in the short term, we expect our monthly revenues will continue to rise significantly in 2008 and overtake the increased cost commitments that we have undertaken to support our rapid development. Our improvement in gross margin rates to 57% reflects the stabilization of our fixed cost structures while revenues continue to increase. We expect our costs of revenue to continue to reduce as a percentage of revenues generated. We are very pleased with our progress to date, and we believe that we are on target to meet our near and long term objectives,” says Guelpa.


FEATURED COMPANY

IMAGE

BRITE-STRIKE TECHNOLOGIES INCORPORATED (OTC: BSTI)
"Up 2.94% 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

QMCI

GREENCHEK TECHNOLOGY INCORPORATED (OTCBB: GCHK)

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

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

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

GCHK News:

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

QMCI

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).


STOCKS TO WATCH

LEVEL THREE COMMUNICATIONS INC. (NASDAQ: LVLT)
"Up 14.94% in morning trading"

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

Level 3 Communications, Inc. (Nasdaq: LVLT) is a leading international provider of fiber-based communications services. Enterprise, content, wholesale and government customers rely on Level 3 to deliver services with an industry-leading combination of scalability and quality, over an end-to-end fiber network. Level 3 offers a portfolio of metro and long-haul services over an end-to-end fiber network, including transport, data, internet, content delivery and voice.

LVLT News:

November 13 - Level 3 Announces Tender Offers to Purchase for Cash Its Convertible Debt Securities Due 2009 and 2010

Level 3 Communications, Inc. (Nasdaq: LVLT) announced that it has commenced three separate tender offers to purchase for cash any and all of its outstanding convertible notes.

Each offer is scheduled to expire at 12:00 midnight, New York City time, on December 15, 2008, unless extended for that offer or earlier terminated with respect to that offer. Holders of notes of any series validly tendered and not validly withdrawn on or prior to 12:00 midnight, New York City time on the applicable expiration date will receive the consideration for that series shown in the table above if such notes are accepted for payment pursuant to the terms and conditions of that offer. Accrued interest up to, but not including, the payment date will be paid in cash on all validly tendered and accepted notes.

The company intends to fund purchases of the notes from the net proceeds of the sale of Level 3's to be newly issued 15% convertible senior notes due 2013 (the "New Notes") announced today and from cash on hand. The investors in Level 3's New Notes are not obligated to purchase these notes if Level 3 does not accept for payment at least 50%, $177,270,500 in aggregate principal amount, of its 2.875% Convertible Senior Notes due 2010 (the "2.875% Notes") and 50%, $240,833,000 in aggregate principal amount, of its 6% Convertible Subordinated Notes due 2010 (the "2010 Notes") in the respective offers for such notes and if other customary closing conditions are not satisfied.

Conditions of the Offers

All three offers are subject to the satisfaction or waiver of certain other conditions as set forth in the Offer to Purchase, dated the date hereof, filed with the SEC, including (i) there being validly tendered and not validly withdrawn on or prior to the applicable expiration date at least such principal amount of that series of notes to satisfy the Minimum Tender Condition as set forth in the table above and (ii) the sale of at least $373 million aggregate principal amount of the New Notes.

In addition, (a) the offer to purchase its 6% Convertible Subordinated Notes due 2009 (the "2009 Notes") is conditioned on the acceptance for payment by the company of both its 2.875% Notes and its 2010 Notes pursuant to the terms and conditions of such other applicable offers, (b) the offer to purchase its 2010 Notes is conditioned on the acceptance for payment by the company of its 2.875% Notes pursuant to the terms and conditions of the offer for those 2.875% Notes and (c) the offer to purchase its 2.875% Notes is conditioned on the acceptance for payment by the company of its 2010 Notes pursuant to the terms and conditions of the offer for those 2010 Notes.

This announcement is not an offer to purchase, a solicitation of an offer to purchase or a solicitation of an offer to sell securities with respect to any series of notes. The offers may only be made pursuant to the terms of the Offer to Purchase and the related Letter of Transmittal.

The complete terms and conditions of each offer are set forth in the Offer to Purchase that is being sent to holders of the notes and is also available online on the SEC's website at www.sec.gov as an exhibit to the Schedule TO filed by the company with the SEC. Holders are urged to read the tender offer documents carefully. Copies of the Offer to Purchase and the related Letter of Transmittal may be obtained from the Information Agent for the offers, Global Bondholder Services Corporation, at (212) 430-3774 (collect) and (866) 873-6300 (toll free).

Citi and Merrill Lynch & Co. are the dealer managers for the offers. Questions regarding the offers may be directed to Citi at (800) 558-3745 (toll-free) and (212) 723-6106 or Merrill Lynch at (888) 654-8637 (toll-free) and (212) 449-4914.


BEACON REDEVELOPMENT INDUSTRIAL (OTC: BCND)
"Up 50.00% in morning trading"

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

Beacon Redevelopment Industrial Corporation specializes in acquiring undervalued properties that offer the potential for above average return on investment along with multiple assets and development ability at distressed prices, the properties must offer recyclable/salvageable materials, energy resources or mineral rights along with the potential for redevelopment and or desirable development potential; the company also seeks along with the above for mentioned, properties that have the possibility for governmental grants, tax rebates or deferments as part of their criteria for acquisition.

BCND News:

November 17 - Beacon Redevelopment Industrial Corporation Enters Negotiations with Dominion Resources

Beacon Redevelopment Industrial Corporation (OTC: BCND) announced that it entered into negotiations with Dominion Resources, Inc. pertaining to their use, since 1986, of the Westmoreland Glass Factory as a natural gas storage facility and gas well.

In 1954, the former owners of the glass factory in Grapeville, Pennsylvania, signed agreements allowing the predecessor of Dominion Resources to use the property as a gas storage facility and to operate a gas well.

The agreements expired upon sale of the property. Specifically, both agreements state, "In case of sale of part or whole of the premises, this permit shall become null and void." In 1986, Westmoreland Warehouse and Industrial Building, Inc., purchased the Westmoreland Glass Factory, rendering all permits expired.

Upon investigating the natural gas holdings on the facility, Beacon's experts determined that the storage facility and gas well continued to operate unbeknownst to the company. Beacon entered into negotiations with WWIB's successor and acquired an assignment of all prior rights to the use of the property and the gas beginning in 1986 and continuing through the present.

In mid-2008, Beacon contacted Dominion regarding the situation. In September 2008, Beacon sent Dominion a formal demand. In November 2008, Beacon's management began negotiations with Dominion for compensation regarding the apparent use of the property and resources for 22 years, and to determine whether to grant an easement. As the negotiations continue, Beacon's natural gas experts will conduct the research necessary to determine if the compensation is fair to the company's shareholders.

"This is a significant situation that could provide a large capital infusion to Beacon's companies. I look forward to continuing my discussions with Dominion to resolve 22 years of the use of the property and its resources, and to create an agreement that resolves the issues," Beacon's President, Adam Marek, said. The company could not comment further due to the nature of the ongoing negotiations.


VERICHIP CORPORATION (NASDAQ: CHIP)
"Up 17.68% in morning trading"

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

VeriChip Corporation, headquartered in Delray Beach, Florida, markets its VeriMed™ Health Link System for rapidly and accurately identifying people who arrive in an emergency room and are unable to communicate. This system uses the first human-implantable passive RFID microchip, cleared for medical use in October 2004 by the United States Food and Drug Administration. For more information on VeriChip, call 1-800-970-2447, or e-mail This email address is being protected from spam bots, you need Javascript enabled to view it .

CHIP News:

November 17 - VeriChip Corporation Selected by Microsoft to Offer Personal Health Record through Microsoft HealthVault

VeriChip Corporation (Nasdaq: CHIP) (the “Company”), a provider of radio frequency identification (RFID) systems for healthcare and patient-related needs, today announced that its personal health record used in conjunction with its VeriMed Health Link system will be accessible through Microsoft® HealthVault™, an online platform designed to put consumers in control of their health information. Through this agreement, Health Link members will have the ability to open free HealthVault accounts and input, store, view and interact with their health data. Further, the data within Health Link members’ existing accounts will be directly accessible through their HealthVault accounts.

Scott R. Silverman, Chairman of the Company, said, “VeriChip’s strategic alliance with Microsoft provides additional benefits to our members by enabling them to seamlessly store all of their personal health records on HealthVault’s robust, security-enhanced website. Furthermore, as an approved HeathVault solution provider, this agreement gives us added visibility among HealthVault’s member base. For those who have chosen our tamper-proof, safe, 'always on' link to their personal health information, we believe this relationship with Microsoft is a logical expansion of our service.”


GUARD DOG INCORPORATED (OTC: GRDO)
"Up 23.08% 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.


FONAR CORPORATION (NASDAQ: FONR)
"Up 13.28% in morning trading"

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

FONAR Corporation engages in the design, manufacture, sale, and service of magnetic resonance imaging (MRI) scanners for the detection and diagnosis of human diseases. It provides Stand-Up/Upright MRI scanners, which allows patients to be scanned in a weight-bearing condition, such as standing, sitting, or bending in any position that causes symptoms; and FONAR 360 MRI scanner, a diagnostic scanner. The company also provides management services, including development; administration; leasing of office space, facilities, and medical equipment; provision of supplies; staffing and supervision of non-medical personnel; legal services; accounting, billing, and collection; and the development and implementation of practice growth and marketing strategies. It serves private scanning centers and hospitals worldwide. The company was founded in 1978 and is headquartered in Melville, New York.

FONR News:

November 14 - Diversified Lending Group, Inc. Issues Letter to the Board of Directors of FONAR Corporation

Diversified Lending Group, Inc. has issued the following letter to the Board of Directors of FONAR Corporation (Nasdaq: FONR):

The Board of Directors of FONAR Corporation
110 Marcus Drive
Melville, New York 11747

Ladies and Gentlemen:

We believe that we are the largest shareholder of FONAR. By letter dated October 3, 2008, I submitted a proposal to acquire all of FONAR's capital stock at a significant premium of $5.00 per share and requested the courtesy of a response by October 10. To date, no response has been received. This is inexcusable. Indeed, the premium offered for the Company — in cash and without any financing or diligence contingency — is even more generous now based on the Company's closing stock price of $0.67 per share at the November l3 close.

This offer was made to build on Dr. Damadian's genius in the scientific field. Indeed, once we own all of FONAR's capital stock, we intend on infusing the Company with sufficient capital to move forward with developing its innovative MRI technology so it can be made available nationwide and, soon, worldwide.

It concerns me greatly that FONAR would simply ignore, without any inquiry or investigation, our significant offer. I am also deeply troubled by what I have been hearing and learning regarding the Board's lack of attention to the Company's welfare, its domination and control by one member, Dr. Damadian, and its willingness to tolerate not only waste and mismanagement but a series of related-party transactions that benefit insiders at the direct expense of shareholders. In fact, it seems that although Dr. Damadian is a scientific genius, he lacks any semblance of commercial acumen or principle.

I am now reiterating our offer to purchase all of FONAR's currently-existing capital stock at the cash price of $5.00 per share. This proposal would be effected through a reverse subsidiary merger, which our advisors can negotiate. If another structure is preferable to FONAR, please let me know.

We would be happy to work with the existing management team and to take Dr. Damadian's scientific guidance. To the extent that existing management is not interested in working with us after the transaction closes, we have an experienced management team that could operate the company going forward. Given the Company's silence to date and the upcoming shareholder meeting, we are now making this offer public so that the Company's shareholders are aware of it. This offer will remain open until the close of business on November 24,2008. If we do not have an acceptable response from FONAR by such time, we will consider all appropriate alternatives and I reserve all rights.

Sincerely,

Bruce Friedman
President
Diversified Lending Group, Inc.
15260 Ventura Boulevard, Suite 1240
Sherman Oaks, California 91403
Toll Free: 800.914.4441
Tel: 818.905.3337
Fax: 818.905.3390
www.dlglending.com


FRESHWATER TECHNOLOGIES INCORPORATED (OTCBB: FWTC)
"Up 13.95% in morning trading"

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

Freshwater Technologies Inc. is an international marketer and distributor of chemical-free drinking water purification systems, water softeners & commercial water activation systems. Water industry research has indicated that even proven water treatment technologies lacked support from local partners. FreshWater's agents in Central and South America do have a loyal customer base to provide FreshWater drinking water and water activation products.

FWTC News:

November 14 - Diversified Lending Group, Inc. Issues Letter to the Board of Directors of FONAR Corporation

Freshwater Technologies Inc. (OTCBB: FWTC), exclusive World Wide Distributor for The Watergeeks Laboratories, announces that the Watergeeks Filtered Sports Bottle has been chosen to appear in the high profile Redbook Magazine 2008 holiday gift guide and featured in the segment profiling gifts for the environmentally conscious. Each Christmas, a team of market place and web editors at Hearst Corporation carefully prepare these guides and recommend what in their professional opinion, represent only the best environmentally friendly products for their readers. The Watergeeks Filtered Sports Bottle allows consumers to enjoy clean water on the go at a fraction of the cost of bottled water because chlorine, lead and other contaminants are filtered out of the tap water as they drink. Website (www.redbookmag.com)

Beginning today, on the website of the popular Tyra Banks television show, The Water Geeks Filtered Sports Bottle is being featured as part of a luxurious celebrity gift bag. Lucky fans have an opportunity to win the same gift bags that were given to the celebrity participants at the WTT Smash Hits celebrity tennis event hosted by Sir Elton John and Billy Jean King. A Watergeeks Sport Tote Bag, made from 100 percent recycled water bottles and yogurt tubs, was used to provide numerous gift items including The Water geeks Sports bottle. These gift bags were given to Sir Elton John, Billy Jean King, Anna Kournikova, Andy Roddick, Martina Navratilova and other VIP guests at the charity event that raised over $400,000 for the Elton John Aids Foundation and Atlanta Aids Partnership Fund.

The Tyra Banks Show website (www.tyrabanks.com) offers contestants the opportunity to win this exact same "WTT Smash Hits" Charity event tote bag.

Also, in a November 6, 2008 article, The Wall Street Journal called The Watergeeks Filtered Sport bottle "a favourite" among sports bottles they reviewed" saying "The water flowed easily when turned upside down" and that "the hiking version has a soft grip that reduces the strain of squeezing the bottle."

Brent Meikle, Founder and CEO of The Water Geeks Laboratories stated that" While the idea of replacing bottled water with our filtered sports bottle is a new concept for consumers to grasp, once they try the product, they are very satisfied with the results. The respected journalists and celebrities who have already done so, continue to attest to the benefits of our Filtered Sports Bottle."

ABOUT THE WATER GEEKS LABORATORIES

The Water Geeks mission is to empower today's generation to reduce water consumption by producing simple, affordable and effective products that motivate and enable us all to conserve this critical resource without having to make major lifestyle changes. The Water Geeks have incorporated the most current science and technology into a diverse range of water conservation products including filtered water bottles, water saving shower heads and hose nozzles, water purifiers and all natural health and beauty products.

 
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