OTCPicks.com

FEATURED COMPANY

MINDPIX CORPORATION (OTC: MNDP)

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

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

Mindpix is positioned as a powerful and positive media group of companies. Ultraflex Fitness, UltraFlex Medical, Mindpix Production, and Mindpix Development are all actively engaged in “for profit” productions or projects.

UltraFlex Fitness: Developing and marketing the patent pending UltraFelx Fitness Rod. UltraFlex Fitness promotes a new style of resistance training called Target Perfect Resistance.

UltraFlex Medical: UltraFlex Medical is poised to make significant inroads to the $11 Billion US outpatient rehabilitation market. Ultraflex medical is already working with rehab industry professionals to create unique and proprietary physical therapy curriculum.

Mindpix Production: Mindpix continues to produce, direct, and provide post-production services for promising documentaries and other niche profitable projects.

MNDP News:

December 17 - Mindpix Files Product Patent Prior to Upcoming Q1 2008 UltraFlex Launch

Mindpix Corporation (OTC: MNDP) (www.mindpix.com) announced recently that a patent has been filed in anticipation of its Q1 2008 product launch. Management looks forward to the successful launch of its flagship product, the UltraFlex exercise device.

ABOUT ULTRAFLEX

UltraFlex™ is a highly advanced concept in exercise providing a unique form of resistance training, derived from aerospace technology. Like no other fitness product, UltraFlex™ produces Target Perfect Resistance™. With Target Perfect Resistance™ the resistance is dynamic and variable, increasing and decreasing, through range of motion and by changing hand, body or product positions. This ‘ultra flexibility’ of usage deems it suitable for absolutely everyone, regardless of age or ability. Its simplicity in design gives consumers a variety of exercises to perform with quick, simple instructions to follow featuring the EZ 8™ exercise system. Eight exercises provide a total body workout in beginning, intermediate and advanced positions. There are well over 150 exercises featuring the amazing UltraFlex™.

FEATURED COMPANY

BIGSTRING CORPORATION (OTCBB: BSGC)

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

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

BigString Corporation, through its subsidiary, BigString Interactive, Inc., provides email services. It offers BigString, which is a Web-based, POP3 server email service solution that allows the user to edit, recall, cancel, and erase the email, as well as insert or delete attachments, even after the email has been sent out and opened. The company also provides BigString Beta 2.0 that offers erasable, recallable, and self destroying applications, non-printable and non-forwardable emails, set time or number of views, and masquerading to protect the sender's privacy and security. BigString Beta 2.0 also provides spam filters, virus protection, and large-storage web-based email accounts. The company's products include BigString Free, which provides the features of BigString Beta 2.0, and includes 1GB of storage and permits the user to send unlimited emails per month; BigString Premium, which offers the features of the BigString Free account, plus vanity domains, POP3 access using any email client, 2GB of storage, and 30 minute video email; and BigString Business that offers the features of the BigString Premium account, plus 10 email accounts, 20GB of storage, global filter notification, and email management. BigString Corporation also offers BigString Marketer Pro, which provides an enterprise marketing software application which allows for the sending of interactive video email commercials that can be programmed to self-destruct at a set time; and BigString Marketer SMB, a hosted video email marketing platform for small and medium size businesses. The company was founded in 2003. It was formerly known as Recall Mail Corporation and changed its name to BigString Corporation in 2005. Bigstring Corporation is based in Red Bank, New Jersey.

BSGC News:

December 18 - BigString Corporation Launches Facebook Application Enabling Users to Send Self-Destructing Videos

BigString Corporation (OTCBB: BSGC) has launched an application for Facebook that enables users to record or upload videos that can be programmed to self-destruct at a specific time or after a set number of views. This is part of a new BigString initiative to develop social networking messaging applications built around the company's core technology.

The video application will allow users to send private self-destructing video messages or to post public video messages to the recipient’s wall. Users can record a video message directly to the application or upload a pre-existing message.

Darin Myman, President and CEO of BigString Corporation, noted that "Video message privacy and security is very important in a world where you can very easily find your personal videos being put up without your permission on sites such as YouTube. Social networks such as Facebook interface well with BigString’s proprietary messaging technology. We provide added value to websites focused on social networking, online dating or user-generated content where protecting a user’s privacy is a major consideration."

FEATURED COMPANY

RENHUANG PHARMACEUTICALS (OTCBB: RHGP)

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

Company Profile: http://www.otcpicks.com/renhuang-pharma/renhuang-pharma.htm

Renhuang Pharmaceuticals, located in Harbin of Heilongjiang Province in Northeast China, is a leading integrated developer, manufacturer and distributor of a broad line of high-quality nutraceutical, natural medicinal and bio-pharmaceutical products. The Company provides three major product lines including the Acanthopanax-based natural medicinal products, Shark Power Health Care series and Traditional Chinese Medicines. Renhuang's key product line is Acanthopanax-based products, an effective natural medicine in treating depression and melancholy and offering various other health benefits. By controlling an estimated 70% of China's natural resource of Acanthopanax (also known as Siberian Ginseng), the Company has a dominant market position in Acanthopanax-based natural medicines. The Company distributes its products through a multi-layer sales network of over 2000 sales agents. Its products are not only sold nationwide but also exported to Russia and Southeast Asia. Renhuang has established a multi-channel research and development infrastructure composed of in-house researchers, a post-doctoral working center, and collaboration with well known institutions and scientists. In manufacturing, the Company strictly follows the international GMP certified quality standards and system by utilizing cutting-edge technologies, the state of the art equipment, and the proprietary innovative and award winning processes. For more information about Renhuang Pharmaceuticals, visit www.renhuang.com.

RHGP News:

December 17 - StockGuru Announces a New Executive Interview With Mr. Li Shaoming of Renhuang Pharmaceuticals

John Pentony, Publisher of Stockguru.com announced that the company has posted a new podcast interview featuring Renhuang Pharmaceuticals, Inc. (OTCBB: RHGP). Pentony interviews Mr. Li Shaoming, CEO and Chairman of the Board, for Renhuang Pharmaceuticals. In the interview Mr. Li discusses the company and its recent news from the company including its recently announced Olympic year prime time television ad space on China Central Television (also known as "CCTV").

To listen to the interview, visit www.stockguru.com/podcasts/?p=21.

FEATURED COMPANY

VSURANCE INC (OTCBB: VSUR)

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

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

Vsurance is a leading provider of pet health insurance and other pet health-related services in the United States. Programs include its Get HIP™ Pet Health Insurance for Pets program, the most comprehensive full-coverage pet health insurance plan in the industry. Vsurance provides pet and horse resource centers through the Internet including VetpetMD™, Spot the Pet™, and Purrfect Pet Club™. Programs include life, liability, and health insurance for pets, horses, and other companion animals.

VSUR News:

December 17 - Vsurance, Inc. First Pet Health Insurance Provider To Cover Holistic Treatments

Wellness Care Endorsement on the Company's Protect 4 Pet Health Insurance Plan Covers Holistic, Homeopathic Consultations, Treatments, or Herbal Supplements

Vsurance, Inc. (OTCBB: VSUR), a leading provider of pet health insurance, announced that it is the first and only pet health insurance provider to cover holistic treatments in the prevention of illness of dogs and cats.

Holistic medicines & care is an alternative way of healing companion animals. It is the art and science of healing that addresses care of the whole animal – body, mind, and spirit. The practice of holistic medicine integrates conventional and complementary therapies to promote optimal health and to prevent and treat disease by addressing contributing factors. In addition to not only using the normal drugs and medicines, the attending veterinarian might prescribe remedies brought to us through natural sources.

The American Holistic Medical Association (AHMA) founded in 1978 is a membership organization for physicians seeking to practice a broader form of medicine than what was (and is) currently taught in allopathic (MD and DO) medical schools. For 25 years the AHMA has nurtured and educated physicians making this transition. Current membership is nearly 1,000 physicians and allied health professionals who seek to make the holistic model available to patients and practitioners alike (www.holisticmedicine.org).

“We are very excited to provide health insurance coverage for this growing treatment option for companion animal owners,” stated Russell Smith, CEO of Vsurance, Inc. “This is an important and defining difference in what makes our pet health insurance plans the best in the marketplace today.”

FEATURED COMPANY

QUOTEMEDIA INC. (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, please visit: www.quotemedia.com.

QMCI News:

December 5 - QuoteMedia Brings Respected Market Data Industry Veteran Onboard; Opens NYC Office

QuoteMedia, Inc. (OTCBB: QMCI), a leading provider of market data, corporate research information and financial applications, announced today the appointment of Mr. George Katsch as Corporate Sales Director, to lead the company’s new office in New York City.

Mr. Katsch brings more than 15 years of experience in selling and supporting financial information and technology solutions to the Brokerage, Financial Service, Media Publishing and Investor Relations industries. Most recently, Mr. Katsch served as Vice President of Sales for FinancialContent, Inc., where he was responsible for business development and sales for the entire North American market. Mr. Katsch has also held key management positions with Standard and Poor’s and Interactive Data Corporation (Comstock), where he managed senior account representatives and support staff. He was principally responsible for maintaining over $50 million in revenues and generating new sales.

“George is very well-known as a successful, skilled professional in our industry, and we’re excited that he is joining the QuoteMedia sales team, heading up our New York office,” said Dave Shworan, CEO of QuoteMedia Ltd. “He brings a wealth of experience to our company, and skill sets that make him an immediately great fit with QuoteMedia, as we continue our explosive growth.”

“From within the industry, I’ve watched QuoteMedia’s remarkable growth over the past few years. I have been very impressed with QuoteMedia’s emergence as a major player in the financial data industry, and the potential for further growth is extraordinary,” said Mr. Katsch. “QuoteMedia is definitely going places, and I’m excited to be a part of it.”

STOCKS TO WATCH

ACA CAPITAL HOLDINGS (OTC: ACAH)
"Up 109.68% in morning trading"

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

ACA Capital is a holding company that provides asset management services and credit protection products to participants in the global credit derivatives markets, structured finance capital markets and public finance capital markets. ACA Capital's asset management services are provided through its asset management subsidiaries, ACA Management, L.L.C. and ACA Capital Management (U.K.) Pte. Limited, and its credit protection products are provided through its "A" rated financial guaranty insurance subsidiary, ACA Financial Guaranty Corporation. ACA Capital Management (U.K.) Pte. Limited is authorized and regulated by the Financial Services Authority. We operate through three strategic business lines: Asset Management, Structured Credit and Public Finance. Each of these businesses relies on our core competencies of credit analysis, transaction structuring, risk management and surveillance. Applying these competencies across our platform allows us to create efficiencies in our operations and to deliver a wide range of services and products to our institutional customers.

ACAH News:

December 19 - Banks in Talks to Bail Out ACA Capital

According to a New York Times report, banks including Merrill Lynch and Bear Stearns are in talks to bail out bond insurer ACA Capital (OTC: ACAH). ACA has guaranteed $26 billion in mortgage securities and could force the banks to take on billions in losses they had insured against, the Times said. How much money would be required to rescue ACA is unclear, the report claims, adding that another possibility would be to relieve ACA of its obligation to post collateral against its insurance contracts if the company is downgraded.

TELEMEDICUS INCORPORATED (OTC: TMDI)
"Up 53.33% in morning trading"

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

Telemedicus, Inc. owns and commercializes a medical emergency response and communications technology called the Disaster Relief and Emergency Medical Services (DREAMS) in the United States. It primarily offers the Telemedicus DREAMS system for fixed, mobile, and deployable telemedicine applications, which transmits audio, video and a range of patient biometric data to a physician's workstation from a remote location. Telemedicus also offers a service that includes the conversion of mobile vehicles or remote locations into a virtual emergency trauma center. The company was founded in 2001. It was formerly known as Lipid Labs, Inc. and changed its name to Telemedicus, Inc. in September 2007. The company is headquartered in Houston, Texas.

TMDI News:

December 19 - Telemedicus in Final Phase of Pre-Market Launch Testing

Telemedicus, Inc. (OTC: TMDI) will begin final testing of its technology for fixed/remote and ambulance based systems in anticipation of market launch in early 2008.

“This is a big milestone for the company as we commercialize this exciting technology. We have completed the base model and unit configurations, and we can now add peripherals to the base system for customers who want more features. Because the systems are modular, Telemedicus can launch multiple platforms and support them in the field,” said Thomas Cloud, CEO of Telemedicus.

Telemedicus’ Disaster Relief and Emergency Medical Services DREAMS™ technology turns practically any ambulance or medical transportation vehicle into a mobile trauma center. The doctor is able to provide treatment immediately through the medical technician because the doctor can see the patient and diagnostic data through the Telemedicus system.

The design and development of the next generation of this life saving technology will be completed by Texas A&M, the original developers of the DREAMS™ technology. The next generation of medical technology is coming to your neighborhood where a patient will be treated through the Telemedicus DREAMS™ technology.

Mr. Cloud explained, “In the near future we can envision a new generation of medical robotics developed by companies like Hansen Medical, Inc. (NASDAQ: HNSN) or Intuitive Surgical, Inc. (NASDAQ: ISRG) controlled by a remote physician through our DREAMS™ technology.”

ROO GROUP INCORPORATED NEW (OTCBB: RGRP)
"Up 22.30% in morning trading"

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

ROO Group, Inc., through its subsidiaries, operates as a digital media company in the United States. The company provides products and solutions that enable the broadcast of topical video content from its customers' Internet Web sites. It provides technology and content required for video to be played on computers through the Internet, as well as broadcasting platforms, such as set top boxes and wireless devices. ROO Group's activities include the aggregation of video content, media management, traditional and online advertising, hosting, and content delivery. It operates a global network of individual destination portals under the brand ROO TV that enables end users to view video content over the Internet. The company, together its subsidiaries, also services Web sites based in Europe, Australia, the United States, and Asia. In addition, it provides integrated communication solutions, including direct marketing, Internet advertising, and sales promotion. The company sells its products and services through direct sales force and resellers to media and newspaper chains, Internet service providers, and vertical Web sites. ROO Group was founded in 1998 and is based in New York, New York with additional offices in Los Angeles, California; South Melbourne, Australia; and London, the United Kingdom.

RGRP News:

December 19 - ROO Group Announces Strategic Realignment, Appointment of New CEO, Reduction of Workforce and Board of Directors

ROO Group (OTCBB: RGRP) announced that the company has entered into an Executive Management Agreement with KIT Capital pursuant to which it has agreed to appoint Kaleil Isaza Tuzman as Chairman and Chief Executive Officer commencing on January 9th, 2008. Mr. Isaza Tuzman will succeed Robert Petty, who will retain the office of Vice-Chairman of the Board of Directors and Founder.

Mr. Isaza Tuzman, 36, is currently the President and Chief Operating Officer of JumpTV Inc. (TSX, AIM: JTV) where he is responsible for managing the Company's day-to-day operations including global business development, sales, marketing, network operations and product development. As previously announced, he will be stepping down from his operating position at JumpTV on or before January 8th, 2008, but will remain on the board of that company.

ROO also announced that four independent members of the company's board of directors -- Simon Bax, Stephen Palley, Scott Ackerman and Doug Chertok -- have resigned. The Company's Board of Directors is expected to appoint Isaza Tuzman as a Director and the Chairman of the Board of Directors. Upon Mr. Isaza Tuzman's appointment, the Board will consist of three directors which will include current board members Robert Petty and Robin Smyth, Executive Director. In accordance with the terms of an Executive Management Agreement, Isaza Tuzman will have the right to appoint up to four new independent board members to fill vacancies on the Board of Directors, subject to shareholder approval. Isaza Tuzman, is also investing in the Company through an affiliated entity.

Mr. Isaza Tuzman has been brought on to rationalize the existing business and position ROO to become the leader in IPTV infrastructure services-through both organic growth and strategic acquisition. The company is already one of the leading distribution platforms in the online media space and is the premier solution for IP-based Video-on-Demand. The ROO Video Network is watched by millions of viewers and supported by a wide-range of premium advertisers.

"We are very pleased to welcome Kaleil as our new CEO," said Robert Petty, Chairman of ROO. "Kaleil brings the experience and insight needed to lead us through this next stage of growth. He has a proven record of helping companies achieve their fullest potential and we are confident that his deep knowledge of our sector, operational discipline and leadership skills will enable us to generate value for our shareholders."

Mr. Isaza Tuzman stated, "ROO is at an inflection point in its development. The massive growth in the demand for high-value, IP video content, coupled with the need for leading edge platform provisioning puts this company in a very enviable position. I believe that with greater emphasis on exclusive content, TV broadcaster relationships and the best quality distribution tools, ROO will become the leading player in the provisioning of video over the Internet. In my view, a focused B2B strategy is what is needed to build a profitable company in the sector. ROO's commitment to this path -- coupled with our shared vision of potential industry consolidation -- has been critical to my decision to invest in and manage the company."

Under new management, the company plans to:

• Leverage expertise in international media to expand client and partner base.
• Reduce costs and implement cost control policies company-wide.
• Achieve profitability as quickly as possible.
• Assess and prioritize product development initiatives.
• Assess corporate branding.
• Assess and execute strategic acquisitions consistent with the IPTV platform provisioning strategy, including the development of live-streaming and mobile distribution capabilities.

As part of the strategic realignment, ROO also announced today that it has completed a recent reduction of 21% of its workforce. This decision reflects the substantial completion of ROO's platform and automated distribution tools, which have made the company more efficient and reduced staffing needs.

"ROO has now entered a new phase of development," said Robert Petty, Chairman of ROO. "We have substantially automated our operations, allowing us to function as a leaner, more effective company."

Mr. Petty concluded, "I would like to thank our independent board members for their contributions to our organization. As a result of their guidance, we are now a stronger, more efficient company."

As part of the Executive Management Agreement, KIT Capital Ltd., an entity controlled by Kaleil Isaza Tuzman, has been granted the right to purchase up to 51% of the preferred class of shares in the Company at US$0.38 per share. KIT Capital has the option to invest up to US$5 million in common shares of the Company at US$0.16 per share, a 15% premium to the closing price yesterday, December 18th, 2007.

KALEIL ISAZA TUZMAN BIO

Isaza Tuzman is currently the president and COO of JumpTV Inc. (TSX, AIM: JTV), a leader in broadcasting international television and sports over the Internet. He has been a venture capitalist and entrepreneur in digital media since the late '90s, as managing partner of a New York-based merchant bank focusing on new media companies. Isaza Tuzman has served as chairman and CEO of KPE, Inc., a leading digital media services company with clients such as Sony Entertainment, Viacom and Carnival Cruises, and as chairman and CEO of govWorks, Inc., a venture-backed government technology services firm. Isaza Tuzman previously worked at Goldman Sachs, on investment banking and risk arbitrage teams. He has been a member of the Council of Foreign Relations, a U.S. trade representative, and was recently named one of the 100 Most Influential Hispanics by Hispanic Magazine.

ARIEL WAY INCORPORATED (OTCBB: AWYI)
"Up 40.62% in morning trading"

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

Ariel Way, Inc. operates as a technology and services company for global communications, multimedia, and digital signage solutions and technologies. It develops and deploys solutions for business television, digital signage, and interactive media delivered over a combination of satellite, terrestrial, and wireless local networks. The company's digital signage service includes technologies using LCD television and plasma screens to deliver video based messaging directly to consumer audiences. Its integrated multimedia services include music radio, video, and Internet protocol based file transfer for training/catalogs/point of sale integrated with other information to the clients. Ariel Way serves finance-oriented services companies primarily in United Kingdom. The company is headquartered in Vienna, Virginia.

AWYI News:

December 19 - Ariel Way, Inc. Signs MOU With Mason Media Group

Ariel Way, Inc. (OTCBB: AWYI) announced that the Company has signed a Memorandum of Understanding (MOU) with Mason Media Group, LLC, (MMG) a Washington, D.C. based holding company, (www.masonmediagroup.com), that develop, produce, and provide technical services to the broadcast, cable, and film industry with a primary focus on Sports and Entertainment. MMG is also a provider of focused advertising, marketing, entertainment, and audiovisual content capitalizing on the New Media Revolution. Per the agreement, MMG will become a strategic partner to Ariel Way and MMG's top professionals will support Ariel Way's executives with its Digital Signage Business Plan.

Arne Dunhem, Ariel Way president and CEO, said, "We are excited to have Todd Mason and his group as a strategic partner and to have his highly skilled professionals to work with us. They have a terrific experience and capabilities in creating content and HDTV productions that would benefit our advertising clients for our strategy of building a state-of-the-art highly secure Digital Signage Network."

Todd Mason, CEO of MMG, said, "We are looking forward to be part of Ariel Way's Digital Signage strategy. Besides HDTV productions, we believe that we can provide support with focused advertising, marketing, entertainment, and audiovisual content."

ABOUT MASON MEDIA GROUP

Mason Media Group is a holding company, with a mission to expand and invest in unique, top-tier communication and entertainment companies that are revolutionizing the way that people connect and receive information. Mason Media Group identifies new markets and growing companies that build value and equity for its investors and customers. Mason Media Group is poised to become the premier provider of focused advertising, marketing, entertainment, and audiovisual content capitalizing on the New Media Revolution.

MMG companies work with entertainment, political/advocacy, and corporate clients to develop, craft and distribute their message. MMG companies are composed of highly creative and experienced individuals who are leaders in their industry and leverage the latest in new media technology.

HEALTHAXIS INCORPORATED (NASD: HAXS)
"Up 28.30% in morning trading"

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

Healthaxis, Inc. provides integrated solutions and services for health benefit administrators and health insurance claim processors in the United States. It offers Web-enabled systems for the administration and processing of health insurance claims, such as medical, dental, defined contribution, vision, disability, health reimbursement accounts, health spending accounts, and flexible spending accounts on an application service provider basis. The company also provides Web-enabled platforms and solutions for the enrollment, sale, distribution, and post-sale administration of insurance policies, including health, vision, and dental insurance. In addition, Healthaxis offers business process outsourcing services that include the automated capture, imaging, storage and retrieval of electronic claims, attachments, and related correspondence, as well as rules-based claims pre-adjudication and editing, and automated preferred provider organizations (PPO) routing via electronic data interchange, and repricing. Its products are designed to assist health insurance payers, third party administrators, PPOs, and self-administered employer groups to provide claims related services to members, employees, employers, and providers. The company was founded in 1982 and is headquartered in Irving, Texas.

HAXS News:

December 19 - Healthaxis Launches Process to Explore Strategic Options

Healthaxis Inc. (NASD: HAXS), an innovative provider of technology-enhanced, integrated business process solutions and benefit administration services for the healthcare payer community, announced that it is in the process of exploring various strategic options designed to best enhance value for its customers, employees and shareholders.

The Company said that its Board of Directors has developed a formal process for evaluating various strategic options, which could include a sale or merger of the Company with a larger organization that would enable the Company to augment its own business operations or service and solution offerings. As part of the process, the Board has retained Ansley Capital Group, a Chicago based financial advisory and management consulting firm. Ansley specializes in the healthcare industry with a focus on helping emerging and growth-stage healthcare information technology and service organizations develop strategic options for their business.

Healthaxis CEO, John M. Carradine, said, “The decision to evaluate Healthaxis’ strategic options resulted from interest being expressed by several companies who believe that Healthaxis may fit their long-term business strategies because of the Company’s broad information technology and service capabilities.” Carradine continued, “Our core claims and administrative technologies, combined with our overall administrative services capabilities, are compelling for some industry participants who see either the need to own these assets to support their business strategies, or want to use them to grow emerging managed services operations. The interest has ranged from multi-national IT services companies with an interest in growing their healthcare footprint, to administrative services organizations who want to solidify their operating technologies on common platforms for better control and scalability, to financial parties looking to expand the capabilities of their portfolio companies.”

“We see this as a good opportunity to explore how changing our ownership structure could benefit our customers, employees, and shareholders,” said Carradine. “We have always believed that Healthaxis, with its extensive industry expertise and strong systems capability, offers a strong value proposition to the healthcare payer market. However, our size and limited capital resources have kept us from achieving the growth of which we believe we are capable. In addition, the Company expects to spend approximately $1 million in 2008 for costs directly attributable to being a stand-alone public company. This amounts to a tax of approximately six percent of revenue. Without these public company costs, the Company would be generating an operating profit instead of a loss.”

In making the foregoing announcement, the Company said that there can be no assurance that any particular strategic option will be pursued or that any transaction will occur, or on what terms. The Company does not plan to release additional information about the status of its review of options until a definitive agreement is entered into or the process is otherwise completed.

VISIONGATEWAY INCORPORATED (OTC: VGWA)
"Up 10.00% in morning trading"

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

VisionGateway, Inc., through its subsidiaries, engages in the development, distribution, and marketing of software products and solutions in Australia, the United States, Europe, and New Zealand. It offers visionGATEWAY NGN platform that includes various software components, such as Internet resource management and control, secure mail and secure data sharing, voice over Internet protocol, and Internet protocol-based e-Business, m-Commerce, and smart card solutions. The company's core software product INTERScepter is an enterprise business solution that enables organizations in understanding, managing, and exploiting Internet usage and valuable resources, including bandwidth, systems, and employee productivity. The INTERScepter solution also enables managers to control, schedule, and utilize Internet resources, while placing responsibility on users to self manage and modify their Internet usage behavior. VisionGateway offers its products primarily to customers in the telcos/ISP's, technology, higher education, financial services, SMB, home/SOHO, and professional services. The company is based in San Diego, California.

VGWA News:

December 19 - CounterTrade Launches Major US INTERScepter(TM) Sales Campaign

visionGATEWAY Inc. (OTC: VGWA) announced that CounterTrade Products, Inc., a key visionGATEWAY Channel Partner in the USA, will commence a major sales campaign from early January 2008 to market the breakthrough INTERScepter(TM) solution into its US client base that covers millions of users.

CounterTrade's highly effective sales team will market the appliance version of INTERScepter(TM) into the 5.6 million SMB's (Small to Medium Businesses) in the USA as well as into the government and education sectors of its existing client base. The appliance version is a plug and play option that is easily installed in an office network without disrupting the information flow. CounterTrade's existing USA wide network and consultative technical expertise will enable the company to fully support the INTERScepter(TM) solution.

The demand established in global regions shows that these US sales programs will generate a conservative $30 million in revenues in calendar year 2008. This is based on an initial target of just 6,000 SMB sites installed. "In recent discussions with many clients," outlined Joe Boglino, Vice President of Sales at CounterTrade. "I have been advised of the concerns that clients have with staff productivity, bandwidth abuse and security concerns. In all cases we recommend INTERScepter(TM) as the total employee productivity solution that brings real business benefits to organizational productivity."

CounterTrade Products is a value-added supplier of technology solutions and services to an extensive range of government and commercial clients with millions of users and work stations supported. INTERScepter(TM) is a key complementary product that provides complete control over all use of the internet for a business — managing all users and how they access web sites and applications (such as Facebook, YouTube, MySpace, Instant Messaging, Email and Chat Rooms). It also features minute by minute reporting and control over all of the 65,000 ports that access the Internet.

APAC CUSTOMER SERVICES (NASD: APAC)
"Up 19.61% in morning trading"

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

APAC Customer Services, Inc. provides customer care services and solutions to healthcare, communications, business services, financial services, publishing, and travel and entertainment industries. It offers its services and solutions through multiple communication channels, including land-based and cellular phone, Internet, email, fax, mail correspondence, and automated response generated through technology. The company offers customer service support for various medical plans, including pharmacy, medical, dental, vision, and Medicare Part D, to plan members and healthcare plan providers alike; targeted inbound customer acquisition, product sales, ongoing account maintenance, billing issue resolution, troubleshooting product issues, product set-up services, and customer retention activities for communications industry; and delivery issue resolution, business contact management and sales, member acquisition, research and trend analysis, and claims processing for business services industry. It also assists customers with card activation, credit inquiries, balance increases and transfers, and balance inquiries in the financial services industry; responds to customer inquiries regarding delivery, scheduling and billing, as well as assists in classified advertising sales, readership data collection, and subscription collections in publishing industry; and reserves booking for general and corporate travel, as well as provides information on client resort properties, locations and amenities, cancellations, billing and account management, loyalty club management, and complaint resolution for travel and entertainment industry. As of December 31, 2006, the company operated 11 customer care centers in the United States and the Philippines. APAC Customer Services was founded in 1973 and is headquartered in Deerfield, Illinois.

APAC News:

December 17 - APAC Customer Services, Inc. Appoints Lynn E. Refer to Board of Directors

APAC Customer Services, Inc. (NASD: APAC), a leading provider of customer care services and solutions, announced that Lynn E. Refer has been appointed to its Board of Directors effective December 13, 2007.

“I am delighted to have Lynn join our Board,” said Bob Keller, APAC’s Chief Executive Officer. “In his 20 plus year career he has amassed a wealth of operating experience which will further broaden the expertise our Board of Directors brings to our management team.”

“I join the entire Board in welcoming Lynn to our company,” said Theodore G. Schwartz, Chairman of the Board. “Both the Board and the management team look forward to his involvement and contribution to our success.”

Mr. Refer is the President of Metropolitan Network Services for Level 3 Communications, Inc., an international communications company, where he oversees all aspects of the network services organization including operations, service delivery, engineering, planning, network development and infrastructure support services. Prior to that, Mr. Refer founded Looking Glass Networks, Inc., a provider of metropolitan optical networking services, and served as its Chief Executive Officer from April 2000 to August 2006.

Mr. Refer has a Masters of Management from Northwestern University and a Bachelor of Science from Iowa State University.

DYNTEK INCORPORATED (OTCBB: DYNK)
"Up 20.00% in morning trading"

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

Dyntek, Inc., together with its subsidiaries, engages in the provision of professional information technology (IT) services and sale of related products to mid-market commercial businesses, state and local government agencies, and educational institutions in the United States. It offers IT security solutions, including vulnerability assessments, risk assessments, and enterprise security assessments; converged networking solutions, such as design through implementation; application infrastructure solutions, including active directory design and Microsoft exchange migrations; access infrastructure solutions, including server-based computing, remote access, and other services; and general infrastructure support. The company also sells hardware and software to its clients. In addition, Dyntek provides child support enforcement services under contracts with state and county agencies through in-house customer service representatives and attorneys, and third-party attorneys. The company offers its services through in-house engineers and consultants, and subcontracted third-party suppliers. The company was founded in 1989 under the name Universal Self Care, Inc. and changed its name to Tadeo Holdings, Inc. in 1998. Further, it changed its name to TekInsight, Inc. in 1999 and to DynTek, Inc. in 2001. DynTek, Inc. is headquartered in Irvine, California.

DYNK News:

December 17 - DynTek, Inc. Announces Intention to Deregister its Common Stock With the Securities and Exchange Commission

DynTek, Inc. (OTCBB: DYNK), a leading provider of professional technology services, announced that it intends to file a Form 15 on December 18, 2007 to deregister its common stock and suspend its reporting obligations under the Securities Exchange Act of 1934. DynTek is eligible to deregister because it has fewer than 300 holders of record of its common stock. Upon the filing of the Form 15, DynTek's obligation to file certain reports with the Securities and Exchange Commission, including Forms 10-K, 10-Q and 8-K, will immediately be suspended. However, DynTek presently intends to continue to make available, through its website or otherwise, its periodic financial information beginning with the fiscal quarter ended December 31, 2007.

As a result of the deregistration, it is expected that DynTek's common stock will no longer be eligible for trading on the Over-the-Counter Bulletin Board. DynTek expects, but cannot guarantee, that its common stock will be quoted on the Pink Sheets after it is delisted from the OTCBB. The Pink Sheets is a provider of pricing and financial information for the over-the-counter securities markets. It is a centralized quotation service that collects and publishes market maker quotes in real time primarily through its website, http://www.pinksheets.com.

The decision by the DynTek Board of Directors to deregister and delist the common stock was based on the consideration of numerous factors, including:

1) The reduction of disproportionately large costs associated with the preparation and filing of DynTek's periodic reports and other filings with the SEC.

2) The elimination of substantial increases in accounting, audit, legal and other costs associated with being a public company in light of the Sarbanes Oxley Act of 2002 and new SEC disclosure rules.

3) The substantial demands placed on management in order to comply with SEC reporting obligations which prevent management from dedicating valuable time to the day-to-day operation and growth of DynTek.

4) The nature and extent of current trading in DynTek's common stock on the OTCBB, which is historically limited.

5) The lack of analysts' coverage and minimal liquidity for DynTek's common stock.

In response to the Board's decision, Casper Zublin, Jr., DynTek's Chief Executive Officer, indicated that "the deregistration and delisting of DynTek's common stock was approved by the Board only after extensive consultation with our management team and careful deliberation regarding the advantages and disadvantages of continuing registration with the SEC and listing on the OTCBB. However, in the Board's estimation, the costs and administrative burdens associated with being a public company have simply become too massive for a company of our size and stage of growth. The rising costs of compliance, as well as the substantial demands on management time compelled by current disclosure requirements, simply outweigh the benefits DynTek receives from maintaining its registration with the SEC and trading on the Bulletin Board. I believe that deregistering will result in significant reductions in our cost structure and will enable our management team to focus significantly more time and resources on operating the Company and enhancing shareholder value."

DEEP DOWN INCORPORATED (OTCBB: DPDW)
"Up 19.74% in morning trading"

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

Deep Down, Inc., an installation engineering and management company, operates in the offshore segment of the energy industry. It engages in the design, manufacture, fabricate, sale, and service of subsea equipments, surface equipments, and offshore rig equipments for use in deepwater, harsh environment, and severe service applications. The company's products include flying lead installation, maintenance and termination systems; buoyancy and rigging systems; high and low pressure testing and monitoring systems; latch systems; lay chutes; rollers; tensioners; and offshore storage and space management systems. It also provides installation management, retrieval, engineering services, support services, and storage management services for the subsea controls, umbilicals, and pipeline industries offshore. In addition, the company fabricates component parts, such as umbilicals, flowlines, distribution systems, pipeline terminations, controls, winches, and launch and retrieval systems for subsea distribution systems; and assemblies that specialize in the development of offshore subsea fields and tie backs. It offers its services from the initial field conception phase, thru manufacturing, site integration testing, installation, topsides connections, and the final commissioning of a project. The company was founded in 1997 and is based in Channelview, Texas.

DPDW News:

December 18 - Deep Down Announces Acquisition of Mako Technologies

Deep Down, Inc. (OTCBB: DPDW) announced that it has signed a definitive purchase agreement to purchase Mako Technologies, Inc. ("Mako"). Headquartered in Morgan City, Louisiana, Mako serves the growing offshore petroleum and marine industries with technical support services, and products vital to offshore petroleum production, through rentals of its remotely operated vehicles (ROV), topside and subsea equipment, and diving support systems used in diving operations, maintenance and repair operations, offshore construction, and environmental/marine surveys.

"The total cost of acquiring Mako is a maximum of $5.0 million in cash and 11,269,841 shares of common stock of Deep Down based on Mako management's expectation of $2,400,000 in earnings before depreciation, interest, amortization, taxes and other non-cash charges ("EBITDA"), after also adjusting for certain non-recurring expenses, for the fiscal year ending December 31, 2007. As part of this acquisition, Deep Down will also pay off approximately $800,000 in Mako bank debt. The first installment of $2,916,667 in cash and 6,574,074 shares of common stock of Deep Down is expected to be paid at closing within the next few days, and the balance of up to $2,083,333 in cash and 4,695,767 shares of common stock of Deep Down will be paid upon completion of an audit to verify adjusted EBITDA expectations for the fiscal year ending December 31, 2007," commented Robert E. Chamberlain, Jr., Deep Down's Chairman.

"We are very pleased to have signed the acquisition agreement with Mako, and believe this non-dilutive transaction is extremely beneficial for Deep Down and our shareholders as we continue to add products and services to our portfolio of capabilities," commented Ron E. Smith, Deep Down's President and CEO. "We believe we can significantly enhance Mako's current annual revenue base of approximately $6.8 million by expanding the equipment rental pool and ROV fleet."

"An expansion of the ROV fleet can yield benefits beyond increased rental income, including increased service revenue from two and three man ROV operating crews and the opportunity to sell additional launch and retrieval systems ("LARS"). Prospect Capital Corporation is providing $6,000,000 in debt to fund the cash requirements and expenses associated with this transaction. Terms are substantially the same as those in the initial borrowing that was concluded in August 2007," said Eugene L. Butler, Deep Down's CFO.

"With Deep Down's relationships and access to capital, we foresee the ability to expand our ROV fleet and take advantage of our customers' growing need for both planned and "emergency" offshore rental equipment in support of their growing level of oil and gas exploration occurring in the Gulf of Mexico. We also plan to expand our operations internationally," commented Jacob Marcell, Mako Technologies' chief executive officer.

ABOUT PROSPECT CAPITAL CORPORATION

Prospect Capital Corporation (www.prospectstreet.com) is a closed-end investment company that lends to and invests in private and microcap public businesses. Prospect Capital's investment objective is to generate both current income and capital appreciation through debt and equity investments.