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NEXTWAVE WIRELESS INCORPORATED (NASD: WAVE)
"Up 41.05% on Thursday"

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

NextWave Wireless, Inc., together with its subsidiaries, engages in the development, production, and marketing of mobile multimedia and wireless broadband products. It operates in three segments: Semiconductor, Multimedia, and Networks. The Semiconductor segment offers WiMAX and long term evolution baseband chipsets, and multi-band radio frequency integrated circuits. The Multimedia segment provides device-embedded multimedia software, media content management platforms, and content delivery services. The Networks segment develops 3GPP UMTS and WiMAX based wireless broadband and mobile broadcast products and services, as well as carrier-grade mobile Wi-Fi products and services. The company also markets various TD-CDMA end-user devices to network operators, including desktop modems and PCMCIA cards. It has strategic partnerships with Huawei and Elektrobit. The company also has a strategic agreement with Alcatel-Lucent to develop WiMAX broadcast solutions for mobile operators. NextWave Wireless primarily operates in the United States, the Asia-Pacific, and Europe. The company was founded in 1996. It was formerly known as NextWave Wireless LLC and changed its name to Nextwave Wireless, Inc. in 2006. The company is headquartered in San Diego, California.

WAVE News:

April 24 - NextWave Wireless Retains Deutsche Bank and UBS to Explore the Sale of Its Wireless Spectrum Holdings in the U.S.

Company's AWS, WCS, and EBS/BRS Licenses Cover Over 251 Million People in the U.S.

NextWave Wireless Inc. (NASD: WAVE), a global provider of advanced mobile multimedia and wireless broadband technologies, announced that it has retained Deutsche Bank and UBS Investment Bank to explore the sale of its extensive spectrum holdings in the United States. NextWave’s U.S. spectrum footprint covers over 251 million people, or pops, in the United States and includes major markets such as New York, Los Angeles, Chicago, San Francisco, Boston, Philadelphia, Denver, Houston, and Detroit. The company’s holdings include licenses and lease rights for a total of 4.7 billion MHz/pops of spectrum comprised of 154 Advanced Wireless Service (“AWS”) licenses in the 1.7/2.1 GHz band, 30 Wireless Communication Service (“WCS”) licenses in the 2.3 GHz band, and 39 Educational Broadband Service (“EBS”) and Broadband Radio Service (“BRS”) licenses and spectrum leases in the 2.5 GHz band.

“Since the completion of the recent 700 MHz auction, we have received multiple offers for our U.S. spectrum assets. Given our continued success in developing highly differentiated wireless broadband and multimedia-enabled products, we no longer view our spectrum holdings as critical to reaching our product sales objectives, and believe that now is the perfect time for us to sell these valuable assets while network operators are trying to finalize their band plans and spectrum holdings for their continuing 3G and planned 4G rollouts,” said Allen Salmasi, chief executive officer and president of NextWave Wireless. “Monetizing the value of our substantial spectrum assets would allow us to further strengthen our balance sheet, retire debt, and continue the commercial introduction of a wide range of innovative wireless broadband and multimedia solutions such as our high-performance WiMAX and RFIC chipsets, advanced multi-mode, multi-band TD-CDMA, WiMAX and LTE enabled base station platforms, breakthrough MXtvTM and TDtvTM mobile television systems, highly advanced mobile multimedia software solutions and platforms that we are now bringing into commercial deployments globally with many of the largest mobile operators and device manufactures in the world.”

“NextWave’s spectrum holdings are highly suitable for mobile operators who need to enhance the coverage, capacity, and performance of their existing 3G and future 4G wireless networks,” said Edward Dunn, a Managing Director with the Media & Telecom Group at Deutsche Bank. “We view NextWave’s AWS spectrum as highly complementary to other AWS spectrum holders, especially mobile operators who are now in the process of deploying networks in this band. In addition, since many WiMAX and LTE networks are planned to be deployed in the 2.3 GHz and 2.5 GHz – 2.7 GHz bands globally, we believe that the company’s New York EBS/BRS spectrum represents one of the more valuable markets in the 2.5 GHz band while their extensive WCS footprint should attract interest from both national and regional mobile operators.”

“We look forward to working with NextWave to maximize the value of their U.S. spectrum assets. The recently concluded 700 MHz band auction once again demonstrated that licensed spectrum remains a highly valuable asset in the United States,” said Davis Terry, Co-Chairman of Global Telecom at UBS Securities. “We believe that NextWave’s North American spectrum holdings represent an asset that will be highly complementary with the current or planned spectrum holdings of a number of mobile operators and new entrants who are planning to extend their 3G coverage or acquire spectrum for their 4G roll-outs.”

Various 3G and 4G networks have already been deployed in the AWS, WCS and EBS/BRS bands globally. These initial 4G networks have generally been implemented in a single frequency band. To provide for sufficient spectrum depth to handle bandwidth-intensive 4G applications the company believes that operators may need to combine multiple frequency bands. For this reason, NextWave has developed and demonstrated an advanced RFIC that enables the implementation of any combination of AWS, WCS, and EBS/BRS bands in end-user devices that support device implementations for TDD and/or FDD operations based on IEEE 802.16e (WiMAX), 3GPP Release 7 (UMTS) and 3GPP Release 8 (LTE). Another RFIC from NextWave, with expected availability in 2008, has been designed to support a combination of bands from 700 MHz to 3.8 GHz.

In the first quarter of 2008, NextWave announced an exciting lineup of important new products including its second-generation WiMAX baseband chip and matched RFIC, its breakthrough MXtv mobile TV system which provides WiMAX operators the ability to deliver up to 45 high-quality broadcast channels in 10 MHz of spectrum using their existing WiMAX spectrum and radio access network, and its LTE roadmap which includes an LTE-enabled version of its advanced V5 base station. NextWave also announced that T-Mobile and Orange will launch a commercial pilot of its advanced TDtv mobile television system in London later this year. Also during the first quarter, NextWave’s PacketVideo subsidiary announced its match-box sized TellyTM mobile broadcast receiver that can turn any Wi-Fi enabled device into a mobile TV.

There is no assurance that the sale of any NextWave licenses will occur, and any such sales will be subject to final approval by the Federal Communications Commission.

AMERICHIP INTERNATIONAL INCORPORATED (OTCBB: ACII)
"Up 23.53% on Thursday"

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

AmeriChip International, Inc., together with its subsidiaries, engages in developing patented technology for use in manufacturing. It develops Laser Assisted Chip Control technology, which is applicable to metal component that requires precision finishing. The company's technology eliminates ribbon-like steel chips that tangle around moving tool parts, automation devices, and other components essential to the machine processing of low to medium grade carbon steels, and nonferrous metal parts. It serves automotive, oil production and refining, aerospace, heavy truck, off-road construction, defense contractors, and farm implements manufacturing markets. AmeriChip has strategic alliances with GSI Lumonics, Creative Automation, and Seco Carboloy. The company is based in Clinton Township, Michigan.

ACII News:

April 24 - AmeriChip International Inc. Secures an Additional Working Capital Line of Credit Through InStream Services, Inc.

The Board of Directors of AmeriChip International, Inc. (OTCBB: ACII) announced that it has secured an additional working capital line of credit through InStream Services, Inc. and its financial institution clients.

"We have been approved for this additional accounts receivable line of credit for an increase in production orders from General Motors from whom the Company has received orders and requests for quotes for our LACC (Laser Assisted Chip Control) technology," stated Marc Walther, President and CEO, AmeriChip International.

InStream Services, Inc. leverages its unique technology platform, processes and relationships with large financial institutions to deliver a more effective working capital strategy to supply chains. The InStream EarlyPay™ solution provides suppliers with an easily accessed, flexible and less expensive source of incremental working capital when bank-provided working capital is insufficient or unavailable.

KSI Machine & Engineering (KSI), a wholly owned subsidiary of AmeriChip, will use the InStream EarlyPay™ solution to increase working capital by selling its outstanding receivables in advance of the scheduled payment date. The sale of these receivables is a true sale, and KSI will receive 100% of the invoice value less the discount paid based upon the advance period.

Mr. Frank Hennessey, CEO of InStream Services, stated, "The growth of AmeriChip over the past year has been significant and we are proud to be part of a financial program to assist in the future exciting development of this company."

ABOUT INSTREAM SERVICES, INC.

InStream Services, Inc., a wholly owned subsidiary of Hennessey Capital Solutions, is a supply chain finance company based in Huntington Woods, Michigan. InStream Services' patent-pending Web-based technology delivers efficient, cost-effective working capital strategies for supply chain industries worldwide. For more information, call 877-211-3269 or visit the Web site at www.instreamfinancial.com.

For more information, visit www.americhiplacc.com, contact Rhonda Windsor 905-898-2646, or send an e-mail to This email address is being protected from spam bots, you need Javascript enabled to view it .

CADDO INTERNATIONAL INCORPORATED (OTC: CADD)
"Up 133.33% on Thursday"

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

Caddo International, Inc., is a provider of products and services to the oil and gas industry. The Company provides and integrates products and services through exploration, development, production, operation and maintenance in the West Louisiana and East Texas regions.

CADD News:

April 24 - All Cash Buyout Offer of $1.25 per Share for All of Caddo International, Inc. From European Group

Caddo International, Inc. (OTC: CADD) management announced they have received an offer from a European investment group to buy out all of the outstanding and issued shares of Caddo International, Inc. for an all cash offer of $1.25 per share. Upon completion of the proposed buyout new management will be merging in its interests in certain other oil and gas interests it carries, and merge Caddo into the new company with shareholders of record date receiving 1 share for every 5 shares of the new merged entity as additional compensation. The offer is contingent on Caddo International, Inc. providing title to its interests in certain oil and gas leases in the Caddo Pine Island area of Louisiana and completion of further due diligence.

President Mario Lanza stated, "This buyout offer is being considered favorably by management but the final decision will be up to the majority vote of the shareholders and will be put to a shareholder proxy vote."

VITALCARE DIABETES TREATMENT CENTERS (OTC: VDTI)
"Up 69.52% on Thursday"

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

VitalCare Diabetes Treatment Centers, Inc. is a company specializing in providing Administrative, Marketing, Business Development, Strategic Planning, Clinical Oversight and Clinical Management Services to the Diabetes Healthcare Sector, with an emphasis in bringing "Cutting Edge" medical devices and healthcare services direct to consumers, focusing on an emerging FDA approved, US and European Patented technology and treatment intervention for treating Type 1 and Type 2 Diabetes known as “Intracellular Activation Therapy (iCAT).”

VDTI News:

April 24 - VitalCare Offers Licenses for Diabetes Treatment Centers

Company Will Offer Licenses in Selected Markets to Qualified Professionals

VitalCare Diabetes Treatment Centers, Inc. (OTC: VDTI), a Nevada corporation, announced it will offer licenses in select markets for Diabetes Treatment Centers.

The license will allow qualified professionals to administer the highly successful iCAT Therapy to patients with Type 1 and Type 2 diabetes. VitalCare will offer complete setup and training to all personnel at each center with a comprehensive ongoing support program. Licenses will also be offered to qualified medical groups and HMOs.

Jimmy McDougald, CEO of VitalCare, stated, “This is a unique opportunity for all those in the medical field who really want to make a difference in the lives of patients with Type 1 and Type 2 diabetes. The results of iCAT Therapy are well documented and speak for themselves.”

SKINS INCORPORATED (OTCBB: SKNN)
"Up 32.61% on Thursday"

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

Skins, Inc., a development stage footwear company, engages in the design, manufacture, and marketing of men's and women's footwear. It is developing a footwear product, including two-part footwear structure consisting of an outer collapsible "Skin" and an inner orthopedic support section called the "Bone." The company was founded in 2004 and is headquartered in New York, New York.

SKNN News:

April 24 - Skins Now in Stores

Skins Inc. (OTCBB: SKNN), a developer of a revolutionary, patented, two-part interchangeable footwear structure, today announced that the Skins 2008 Spring/Summer Collection is now available in the stores. The Collection is the first to showcase the new and improved “Bone”, a result of extensive consumer feedback, research and development. Based on vigorous Pre-sales the Company is anticipating high demand for the product.

The following stores are now stocked with Skins Footwear or will be stocked by this Friday. The Company will be shipping to a host of additional stores over the coming weeks including several in the New York area:

Footwear Etc.: San Diego, San Mateo, San Carlos, Los Altos, Palo Alto, San Jose and Cupertino
Sportie L.A.: Two stores in Los Angeles
Walking Shoe Shop: Tallahassee
Zelda's Shoe Bar: Portland
Battaglia: Miami and Aventura
City Soles: Two stores in Chicago
John Pickens Clothier: Shreveport
Shoe Biz: Two stores in San Francisco
Casserd Shoes: San Francisco
Summerlin Shoes: Las Vegas
Littles of Pittsburgh: Pittsburgh
James Davis: Memphis
Saxon Shoes: Richmond, Virginia
The Shoe Market: Greensboro
David Parker Shoes: Franklin, Tennessee
Kian Matthew: Englewood, New Jersey
Island Shoes: Pawleys Island, South Carolina
Lorin: Santa Monica
Step Shoes: Santa Monica
Hawley Lane Shoe: Shelton, Connecticut

Mark Klein, President and CEO of Skins Inc., said, “From day one, our strategy was to launch our Spring/Summer Collection to a select group of high-end retailers in the U.S. It has been a demanding process but we have achieved this goal today. We are very excited to be able to showcase Skins to such a progressive, fashion forward retail audience.”

PAIVIS CORPORATION (OTC: PAVC)
"Up 42.86% on Thursday"

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

Paivis Corp., a facility-based wholesale telecommunications carrier, delivers application/value-added services in the prepaid services market. It sells telecommunications products and services, such as prepaid calling cards, prepaid wireless service, and international wholesale terminations. The company also owns and operates a carrier-class prepaid calling platform, including 2 NACT phone card switches integrated with the voice over Internet protocol system dedicated to domestic and international termination and origination of calls. As of September 30, 2006, the company's products are sold through approximately 3,000 retail outlets in the United States. Paivis Corp. is headquartered in Atlanta, Georgia.

PAVC News:

April 24 - Paivis Corp. Announces It Is Expediting Closing of Merger With Trustcash in the Month of May

Paivis Corp. (OTC: PAVC) ("PAIVIS") announced it is expediting the final phase of its deliverables under the merger agreement to effect a closing of the merger with Trustcash Holdings, Inc. (OTCBB: TCHH) ("TRUSTCASH") within the month of May 2008.

Edwin Kwong, the Interim Chief Executive Officer of PAIVIS, commented, "Our efforts are to close this merger before the end of May so our shareholder can receive the $0.10/share and one share of Trustcash common stock as offered by Trustcash in the previously announced merger agreement."

All details of merger agreement filed with the SEC in form 8k on February 12, 2008.

ABOUT TRUSTCASH

Through its Trustcash brand and Web site (www.trustcash.com), the Company is a pioneer of anonymous payment systems for the internet. It developed a business based on the sale of a stored value card that can be used by consumers to make secure and anonymous purchases on the internet without disclosing their credit card or personal information. Trustcash provides to its customers the Trustcash™ payment card, which is sold in denominations ranging from $10 to $200 online through any of over 500 websites. Trustcash's non-reloadable, virtual Trustcash card is the only "stored value card" that can be purchased where no personal data is stored or available, providing a unique level of both security and privacy to the purchaser.