OTCPicks.com

For Wednesday, July 16th

HGLC, WCRF, CGSE, AVNU, SYMD, CELI

Our Stocks to Watch tomorrow include Hunt Gold Corp. (OTC: HGLC), Wincroft Inc. (OTCBB: WCRF), Columbus Geographic Systems (GIS) Ltd. (OTC: CGSE), Avenue Group Inc. (OTCBB: AVNU), SyntheMed Inc. (OTCBB: SYMD) and CelebDirect Inc. (OTC: CELI).

HUNT GOLD CORPORATION (OTC: HGLC)
"Up 160.87% on Tuesday"

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

Hunt Gold Corporation is a Gold Mining & Exploration Company focused on the development and exploration of its Gold properties, namely "Mockingbird," "Ambassador," "Golden Eagle," "American Molygold," "Gladstone Lookout," "Lady Alde," "Lookout Silver," "Starlight," "American Flag," "Venezia," "Stormcloud," "Cherry," "Buffalo Limecap," "Red Cloud" and "Federal" interests.

HGLC News:

July 14 - Hunt Gold Corporation Provides Update on Sale and Share Buyback

Company Confirms Its Intentions to Sell Its "Molygold" Interests and Effect a Share Buyback

Hunt Gold Corporation (OTC: HGLC) announced on July 11, 2008 that certain Investment Groups had now assumed voting control of the Company and that the Board of Directors, with the assistance of these Investment Groups, was in discussions to dispose of its recently acquired "Molygold" assets.

The Board of Directors can now confirm that the Company will definitely be disposing of its "Molygold" interests.

The proceeds from the sale of these "Molygold" interests are to be utilized to effect a share buyback of the Company's "free float" of Common Stock.

The Company will focus its attention on its Gold Mining & Exploration assets.

The Company has no plans to effect any Placement of its stock for cash whatsoever, as it has the necessary funding facilities in place in order to execute its plans for its Gold Mining & Exploration assets, commencing with its "Mockingbird" mine on September 1, 2008.

Stockholders will continually be advised accordingly, as the Company's Management becomes aware of further details and developments.


WINCROFT INCORPORATED (OTCBB: WCRF)
"Up 66.67% on Tuesday"

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

Wincroft, Inc. does not have significant operations. It intends to acquire, through the issuance of capital stock, either project financing or an operating business that can sustain its operations. Previously, the company provided VideoTalk, a videoconferencing system for the Internet. The company was founded in 1980 and is based in New York, New York.

WCRF News:

July 15 - Wincroft, Inc. Signs Letter of Intent to Acquire Apollo Solar Energy, Inc.

Wincroft, Inc. (OTCBB: WCRF) ("WCRF" or the "Company") has signed a Letter of Intent to acquire Apollo Solar Energy, Inc., a Delaware corporation ("ASE") that indirectly owns 100% of the equity of Sichuan Apollo Solar Science and Technology Co. Ltd. ("Apollo"), a wholly foreign-owned enterprise (WOFE) organized under the laws of the People's Republic of China.

Apollo is engaged in research and development of the next generation cadmium telluride (CdTe)-based thin-film solar cell. Apollo also has exclusive exploration and mining rights to Dashuigou Mine in Shimian County, Sichuan Province, China, which it believes to be the world's only independent tellurium (Te) & bismuth (Bi) mine so far found.

Apollo's current core business is mining of tellurium and bismuth ores, extraction of high-purity metals, compounds, and target materials for thin-film solar cells, cell modules and solar electronic products. Apollo is a materials supplier to major CdTe and CIGS based solar cell manufacturers.

The closing of the acquisition transaction is contingent on execution of formal binding agreements, approval from the Board of Directors of WCRF and ASE, as well as the satisfactory exchange of due diligence materials between the two parties.

"We expect this acquisition to substantially improve shareholder value," stated Ms. Xiaojin Wang, CEO of WCRF. "We see Apollo as a leader in China in the R&D of the next generation CdTe based thin-film solar cell and currently specializes in the mining and refining of high purity materials used in a broad range of industries, notably the photovoltaic industry. We believe there is huge opportunity in this field for the company."

"If the merger closes, Apollo will have the potential to access the U.S. public market for both awareness and capital, which should assist in reaching our goals," stated Mr. Hou Renyi, Chairman and CEO of Apollo. "We aspire to build an integrated production solution for tellurium based thin-film photovoltaic cells in China. Apollo plans to pursue this strategic development goal through active participation in the capital markets," added Mr. Hou.

ABOUT SICHUAN APOLLO SOLAR SCIENCE AND TECHNOLOGY CO. LTD. ("APOLLO")

Apollo, headquartered in Chengdu, Sichuan Province, China, is a wholly foreign-owned enterprise (WOFE). Apollo is a leader in China in the R&D of the next generation CdTe based thin-film solar cell and currently specializes in the mining and refining of high purity materials used in a broad range of industries, notably the photovoltaic industry.


COLUMBUS GEOGRAPHIC SYSTEMS (OTC: CGSE)
"Up 64.29% on Tuesday"

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

Columbus Geographic Systems (GIS) Ltd. is a rising player in the field of geographic information systems (GIS) and navigation applications. The Company brings advanced software capabilities to a wide range of users and devices, previously only accessible to trained professionals on dedicated devices.

CGSE News:

July 11 - CGSE to Sign Agreement With DigitalGlobe, Supplier of Satellite Imagery to Google Earth

Columbus Geographic Systems (GIS) Ltd. (OTC: CGSE) ("Columbus") announced it has reached an important understanding with DigitalGlobe, world leader in high-resolution commercial imagery. DigitalGlobe also supplies the popular Google Earth website with its images. According to the understanding, Columbus will have access to DigitalGlobe's digital image bank for use in the Ranger navigation system.

DigitalGlobe operates three imaging satellites: Worldview I, Worldview II, and QuickBird. These satellites collect the highest resolution commercial imagery of the Earth, and offer the largest image size, and greatest on-board storage capacity and resolution compared to any other commercial satellite imagery available today.

The market has become increasingly aware of the advantages of navigation and Global Positioning System (GPS) tools, especially for vehicle navigation systems. These tools include both built-in systems and Personal Navigation Devices (PNDs), which are handheld devices that users can carry with them and use in their vehicles. Industry analysts estimate that sales of PNDs will grow from approximately 14 million units in 2006 to approximately 56 million units in 2011. As the demand for these personal navigation devices continues to grow, so does the need for better quality images covering more parts of the world.

Columbus is a rapidly growing player in the geographic imaging systems and navigation industry. The company's leading product, Ranger, is a cutting-edge navigation software package providing location-based, GPS mapping, navigation, and information solutions for the off-road environment.

"High-quality mapping images are an essential component of any effective navigation system. Access to DigitalGlobe's advanced images will enable us to dramatically improve the scope and quality of the Ranger," says Columbus CEO, Tsvika Freidman. "We are determined to maintain our position as a leading player in the world of navigation systems and are very excited to partner with DigitalGlobe to enable us to maintain and enhance this position."


AVENUE GROUP INCORPORATED (OTCBB: AVNU)
"Up 50.00% on Tuesday"

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

Avenue Group, Inc. is engaged in the exploration and development of oil and gas reserves. Its strategy is to acquire a portfolio of oil and gas assets that include the acquisition of low risk oil and gas reserves and the generation of low risk drilling opportunities. Avenue owns a 50% interest in the Heletz-Kokhav License and a 25% interest in the Iris License which together encompass the Heletz oilfield. The Heletz Field, Israel's only producing oil field, was discovered in 1955 and has produced over 17 million barrels of oil to date.

AVNU News:

July 15 - Heletz Field Production Update

Avenue Group, Inc. (OTCBB: AVNU) ("AGI"), with its wholly owned Israel subsidiary, Avenue Energy Israel LTD. ("AEI"), announced that it has produced over 1,300 barrels of oil from its 50% owned Heletz-Kokhav License, part of the Heletz Field in southern Israel ("Heletz"). Since restarting production on June 12, 2008, three wells have been returned to production with total daily production exceeding 60 Barrels of Oil Per Day (30 BOPD net to AEI). Three additional wells are being prepared to return to production over the next few weeks.

Levi Mochkin, AGI's Chief Executive Officer, commented: "We are very pleased with the production rates from Heletz and the overall progress of the Heletz Field redevelopment project."


SYNTHEMED INCORPORATED (OTCBB: SYMD)
"Up 34.62% on Tuesday"

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

SyntheMed, Inc., a biomaterials company, engages in the development and commercialization of medical devices for therapeutic applications. It offers surgical implants designed to prevent or reduce the formation of adhesions/scar tissue following a range of surgical procedures. The company's lead product includes REPEL-CV, a bioresorbable film designed to be placed over the surface of the heart at the conclusion of surgery to reduce the formation of post-operative adhesions. SyntheMed offers products based on the proprietary, bioresorbable polymer technology. Its products also include REPEL-AFIB, which reduces the patient risk associated with atrial fibrillation; RESOLVE that prevents or reduces post-operative surgical adhesions in gynecological and general abdominal surgery; and RELIEVE for preventing or reducing post-operative surgical adhesions in orthopedic and spinal surgery. The company, formerly known as Life Medical Sciences, Inc., was founded in 1990 and is headquartered in Iselin, New Jersey.

SYMD News:

July 14 - SyntheMed Receives Canadian Approval for REPEL-CV®

SyntheMed, Inc. (OTCBB: SYMD), a biomaterials company engaged in the development and commercialization of anti-adhesion, drug delivery products and other surgical implants, announced that REPEL-CV®, the company's bioresorbable adhesion barrier film for the reduction of adhesions following cardiac surgery, has received Health Canada approval for use in pediatric patients who undergo open heart surgery. REPEL-CV will be marketed throughout Canada by Force3 Medicale, Inc., a Montreal-based distributor of cardiac surgery products. Marc Sportsman, SyntheMed's Vice President of Sales, stated, "We are pleased to receive the Health Canada approval which allows us to further expand the international distribution of REPEL-CV."

SyntheMed was previously granted CE Mark approval to market REPEL-CV in most international markets for use in all patients who undergo open heart surgery and is being sold through a network of independent distributors. In November 2007, SyntheMed received an Approval Letter from the US FDA stating the REPEL-CV would be approved for use in pediatric patients pending satisfactory completion of field inspections. This process is ongoing as are discussions with the FDA on the requirements for expansion of the indication for REPEL-CV from pediatric patients to all patients who undergo cardiac surgery.

ABOUT ADHESIONS

Adhesions, or scar tissue, occur after virtually all open-heart surgical procedures, often resulting in the heart becoming attached to the sternum and other surrounding tissue surfaces. The presence of adhesions represents a prevalent and serious complication in secondary surgical procedures, increasing the length, cost and risk of the surgical procedure.

ABOUT REPEL-CV

REPEL-CV is a bioresorbable adhesion barrier film designed to be placed over the surface of the heart at the conclusion of an open-heart surgical procedure to reduce the extent and severity of adhesions (scar tissue) that form between the surface of the heart and opposing tissue surfaces following the surgical procedure. REPEL-CV is designed to provide the therapeutic benefit and then degrade so that it is cleared from the body. REPEL-CV represents the first in a series of anti-adhesion products under development that are based on the Company's proprietary polymer technology.


CELEBDIRECT INCORPORATED (OTC: CELI)
"Up 33.33% on Tuesday"

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

CelebDirect's primary business is that of a direct response celebrity incubator and has two divisions which are direct response marketing and Celebrity placement / franchise opportunities. CelebDirect brings to the market unique and innovative products via direct to market strategies such as infomercials, advertorials and other associated advertising vehicles to expeditiously, economically and broadly market products throughout North American as well as a global basis. CelebDirect has a number of consumer-oriented products it is evaluating and others it is currently bringing to market.

CELI News:

July 15 - CelebDirect Inc. Rated 'Speculative Buy' Target Price $0.31 by Beacon Equity Research

CelebDirect Inc. (OTC: CELI) has been rated Speculative Buy with a price target of $0.31 by Beacon Equity Research Analyst, Victor Sula, Ph.D.

The full report is available at www.BeaconEquity.com/reportsonline/CELI.

In the report, the analyst writes, "CELI is pursuing an aggressive growth strategy in the fitness equipment market with the goal of garnering meaningful market share and a national presence ... The Company has begun the first phase of its direct response marketing strategy for the Muscle Flex(TM) in the second half of July 2008, in a number of Martial Arts and Mixed Martial Arts publications and online Web sites."

Other companies in the product marketing industry include Callaway Golf Co. (NYSE: ELY), Nautilus Inc. (NSYE: NLS), Cybex International Inc. (Nasdaq: CYBI) and Johnson Outdoors Inc. (Nasdaq: JOUT).

 
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