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ZOOM TECHNOLOGIES INCORPORATED (NASDAQ: ZOOMD)
"Up 642.86% on Friday"

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

Zoom Technologies, Inc., through its subsidiary, Zoom Telephonics, Inc., engages in the design, production, marketing, sale, and support of broadband and dial-up modems, and other communication-related products in North America and internationally. It offers dial-up modems, digital subscriber line (DSL) modems, Bluetooth modems and adapters, and cable modems; VoIP products, which allow devices to establish and manage voice calls on the Internet; wireless local area networking products comprising DSL modems with Wireless-G local area network capability and other Wireless-G products, including USB and PC Card clients, a wireless access point, and a wireless gaming adapter; and dialers and related telephony products. The company sells its products primarily through distributors, retailers, Internet service providers, telephone service providers, value-added resellers, personal computer system integrators, and original equipment manufacturers. Zoom Technologies was founded in 1986 and is headquartered in Boston, Massachusetts.

ZOOMD News:

August 6 - Zoom Schedules 1-for-5 Reverse Stock Split for August 7, 2008

Zoom Technologies, Inc. (Nasdaq: ZOOMD) announced that a 1-for-5 reverse split of its common stock will take effect immediately prior to the opening of the stock market tomorrow, August 7, 2008. The split is consistent with the Company's efforts to maintain the listing of its securities on the Nasdaq Capital Market. This split follows a vote at Zoom's recent Annual Meeting in which shareholders authorized the Zoom Board of Directors to effect a reverse split. Nasdaq has approved Zoom's plan to effect the reverse split as the means to regain compliance with the requirements of the Nasdaq Capital Market.

As a result of the reverse stock split, every 5 shares of Zoom's common stock will be combined into 1 share of common stock. The reverse stock split affects all outstanding shares of common stock and stock options of Zoom. The reverse stock split will reduce the number of outstanding shares of Zoom's common stock from approximately 9.347 million to approximately 1.869 million shares. The number of authorized shares of common stock will remain at 25 million. The exercise price and number of common shares related to outstanding stock options will proportionately adjust to reflect the reverse split.

The common stock of Zoom will trade on the Nasdaq Capital Market under the temporary symbol ZOOMD for 20 trading days after the reverse split goes into effect. The "D" at the end of Zoom's symbol will simply denote the recent reverse split of Zoom's stock. On Friday, September 5, 2008 trading will resume under the current symbol ZOOM.

Zoom shareholders do not need to take any action in connection with this reverse stock split. They can hold their shares as they do now, and convert them if and when they are sold. A helpful Question and Answer dialogue is provided on the following link: www.zoom.com/rsqa.

"Retaining Zoom's listing on the Nasdaq Capital Market is important to Zoom and to some potential merger partners," said Frank Manning, Zoom's President and CEO. "We need Zoom's stock to close over $1 for 10 straight trading days to get back into compliance with Nasdaq's rules, and we believe the reverse stock split is the best way to meet this requirement."

USA SUPERIOR ENERGY HOLDINGS INCORPORATED (OTCBB: USSU)
"Up 166.67% on Friday"

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

USA Superior Energy Holdings, Inc., through its subsidiary, USA Superior Energy, Inc., engages in the development, ownership, and operation of prospects and energy projects in east and southeast Texas. Its projects and prospects comprise the Bateman project in Bastrop and Caldwell counties, the Benton Field in Navarro county, and the Del Monte Prospect in Zavalla county. The company was founded in 2005 and is based in Houston, Texas.

USSU News:

August 6 - USA Superior Energy Holdings Signs LOI With Hunt Global Resources

USA Superior Energy Holdings, Inc. (OTCBB: USSU) (Frankfurt: F2S.F) announced it has executed a letter of intent to merge with Hunt Global Resources Inc. of Montgomery, Texas.

The transaction will be in the form of a "reverse merger." Under terms of the agreement, Hunt will assume a majority stock position and appoint a new board of directors. Full details of the transaction will be released upon the execution of a definitive agreement between the parties.

Closing is based on the completion of required audits, satisfactory due-diligence, a fairness-opinion and shareholders' approval of the transaction.

Hunt is a natural resource company that plans to begin mining operations in the fourth quarter of this year on 350 acres of land containing proven sand and gravel reserves valued at an estimated $1.2 billion dollars.

We believe this transaction will provide value to our shareholders said G. Rowland Carrey, CEO of USA Superior Energy. Hunt has a solid business plan and proven resources in a geographic area where demand for construction grade sand and fine sands used for glass manufacturing continually outpaces the available supply.

"We're very excited about this transaction," said Jewel S. Hunt V, Founder and Chairman of Hunt Global Resources. "We believe that entering the public market will allow us to take advantage of the many opportunities available in the natural resource business. Unlike the oil business, the business of mining sand and gravel is relatively simple. There are no dry or unproductive wells and the equipment required is relatively inexpensive. Sand and gravel is mainly surface mining. All of the material is located within fifty feet of the surface and visible to the naked eye. We excavate the materials, process it and load it on a waiting truck. The only complexity to the business is the proprietary software technology we have designed that allows us to process a variety of sand products at higher profit margins than traditional sand and gravel operations," Mr. Hunt added.

QUALITY DISTRIBUTION INCORPORATED (NASDAQ: QLTY)
"Up 42.67% on Friday"

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

Quality Distribution, Inc., through its subsidiary, Quality Distribution, LLC, engages primarily in truckload transportation of bulk chemicals in North America. It provides bulk transportation of a range of liquid and dry chemical products, as well as offers tank wash facilities, ISO depot services, leasing, transloading services, logistics, and other value-added services. The company's bulk service network consists of company operated terminals, independently owned third-party affiliate terminals, and independent owner-operator drivers. As of December 31, 2007, Quality Distribution managed a fleet of approximately 3,900 tractors and 7,500 tank trailers. It also operated a network of 121 trucking terminals, 38 tank wash facilities, and 10 ISO depot services terminals, as of the above date. The company was founded in 1984. It was formerly known as MTL, Inc. and changed its name to Quality Distribution, Inc. in 1999. Quality Distribution is headquartered in Tampa, Florida.

QLTY News:

August 7 - Quality Distribution, Inc. Announces Second Quarter Results

Quality Distribution, Inc. (Nasdaq: QLTY) (the “Company” or “QDI”) reported the results for its second quarter and six months ended June 30, 2008. Total revenue for the quarter increased $29.2 million, or 15%, over the second quarter of 2007 from $194.7 million to $224.0 million. Of this increase, $21.8 million was generated from the Company's subsidiary, Boasso America Corporation (“Boasso”) which was acquired effective December 18, 2007. Revenue, excluding fuel surcharge and the revenue from Boasso, decreased by $10.8 million, or 6.3% driven by softer volumes in the housing and auto markets, as well as general economic conditions.

Total revenue increased $59.7 million, or 16% from $372.8 million for the six months ended June 30, 2007 to $432.5 million for the six months ended June 30, 2008. Of the increase, $41.6 million was generated from Boasso. Excluding fuel surcharge and Boasso, revenue decreased by $11.4 million, or 3.5% due to the factors discussed above.

The Company recorded net income for the second quarter of 2008 of $0.4 million, or $0.02 per diluted share, as compared with net income for the same period last year of $2.3 million, or $0.12 per diluted share. The second quarter results include a pre-tax restructuring charge of $2.4 million, primarily related to the elimination of approximately 75 positions. As a result, the annual reduction in payroll related costs is expected to exceed $5.0 million. The second quarter results also contain a pre-tax gain on the sale of real property of $1.1 million. Applying a normalized tax rate of 39%, and excluding the restructuring charge and the property gain, would have resulted in net income of $1.3 million, or $0.07 per diluted share for the second quarter of 2008, as compared with net income of $2.7 million, or $0.14 per diluted share for the same prior year period.

For the six months ended June 30, 2008, the Company recorded a net loss of $1.6 million, or ($0.08) per diluted share, as compared with net income of $2.1 million or $0.11 per diluted share for the 2007 six-month period.

Gary Enzor, President and Chief Executive Officer, commented, “The personnel reductions we took in the second quarter were difficult, but necessary in light of these challenging economic times. I am pleased to report that we are making tangible progress on profitability initiatives designed to improve our top line, our profit margins and cash flow. Our insurance expense is trending favorably due to the success of our proactive safety initiatives and our borrowing availability was $46.0 million at June 30, 2008.”

The Company will host a conference call for investors to discuss these results on August 8, 2008 at 11:00 a.m. Eastern Time. The toll free dial in number is 888-713-4485; the toll number is 913-312-0695; the passcode is 1127924. A replay of the call will be available until September 8, 2008, by dialing 888-203-1112; passcode; 1127924. Copies of this earnings release and other financial information about the Company may be accessed in the Investor Relations section of the Company's website at www.qualitydistribution.com.

ENCORE ENERGY SYSTEMS (OTC: ENCS)
"Up 100.00% on Friday"

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

Encore Energy Systems, Inc., a diversified energy company, markets its patented geothermal water-air heating/cooling systems to commercial and institutional markets in the United States. It also sells energy conservation solutions. The company, through its geothermal marketing unit, DeMarco Energy Systems of America, Inc., has geothermal installations in Oregon, Pennsylvania, Washington, Montana, South Dakota, Mississippi, California, and Texas. It primarily focuses on providing heating and air conditioning powered by the thermal properties of managed water systems that include gray-water, re-use water, and potable water systems. Encore Energy Systems also owns a systems patent, known as the Energy Miser System that utilizes the thermal properties of managed water supplies to heat/cool and provides domestic hot water for buildings. The company was founded in 1983 and is based in Brighton, Michigan.

ENCS News:

August 8 - Encore Energy Systems to Merge With BioConversions International With $17,000,000 in Projected Profitable Revenues

Encore Energy Systems (OTC: ENCS) announced it has executed a Letter of Intent to merge with BioConversions International. BioConversions reports over $17,000,000 in projected sales with net earnings of approximately 12%.

Encore Energy Systems will continue as a wholly owned subsidiary of the new combined entity. The Directors and Officers of Encore Energy Systems will resign.

Stockholders are anticipated to own 25% of the combined entity. ENCS and EVI shareholders will receive cash-dividends from Encore's royalty agreements and future Encore-related agreements. Shareholders will receive new Preferred Stock paying yearly dividends of cash or common stock upon redemption. The Company intends the proposed merger to provide current and future equity growth to its loyal stockholders. The proposed merger contemplates the spinning-off of the Encore operations to existing Encore and EVI shareholders as soon as practicable.

The LOI is subject to customary conditions, funding for the transaction, and expires 15 September 2008. A Press Release will provide details of the LOI, royalty schedule, and the Preferred Stock dividends. The transaction is part of the Company's previously disclosed plans for cost and debt reduction and to expand its business and market scope.

ISTA PHARMACEUTICALS INCORPORATED (NASDAQ: ISTA)
"Up 35.97% on Friday"

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

ISTA Pharmaceuticals, Inc., an ophthalmic pharmaceutical company, engages in the discovery, development, and marketing of therapies for inflammation, ocular pain, glaucoma, allergy, dry eye, vitreous hemorrhage, and diabetic retinopathy in the United States. It offers Xibrom for the treatment of inflammation and pain following cataract surgery; Istalol for the treatment of glaucoma; and Vitrase for use as a spreading agent. The company's products include T-Pred for the treatment of steroid-responsive inflammatory ocular conditions where risk of bacterial infection exists; Bepotastine ophthalmic solution, a second Phase III clinical trial product for allergic conjunctivitis; Bepotastine nasal for the treatment of allergic rhinitis; Ecabet Sodium, a Phase IIb clinical trial product for the treatment of dry eye syndrome; and Strong Steroid for the treatment of ocular inflammation and allergy. Its products also include a Xibrom/steroid combination product to treat inflammation; iganidipine to enhance ocular nerve blood flow; and a new formulation of latanoprost for the treatment of glaucoma. ISTA Pharmaceuticals sells its products primarily to drug wholesalers, retailers, and distributors, including chain drug stores, hospitals, clinics, government agencies, and managed healthcare providers. The company was founded in 1992 as Advanced Corneal Systems, Inc. and changed its name to ISTA Pharmaceuticals, Inc. in 2000. ISTA Pharmaceuticals is headquartered in Irvine, California.

ISTA News:

August 7 - ISTA Pharmaceuticals Reports Second Quarter 2008 Financial Results

ISTA Pharmaceuticals, Inc. (Nasdaq: ISTA) reported financial results for the three months ended June 30, 2008. ISTA reported net revenue of $17.8 million for the quarter ended June 30, 2008, a 31% increase over the same quarter of 2007. The net loss for the second quarter ended June 30, 2008, was $8.5 million (or $0.26 per share), as compared with a net loss of $8.7 million (or $0.32 per share) for the same period in 2007.

"Xibrom sales continued to grow strongly during the second quarter. As our commercial business grows, ISTA's presence in the ophthalmic community is further enhanced and physicians are excited about the products we plan to bring to them in the coming years," stated Vicente Anido, Jr., Ph.D., President and Chief Executive Officer of ISTA Pharmaceuticals. "With regard to our R&D pipeline, we have made solid progress over the past few months and have a number of upcoming catalysts. We expect to file the Bepreve NDA in the second half of this year, as we've successfully completed the human ocular safety studies. We also recently completed enrollment of two Phase III studies which will support an early 2009 sNDA filing for Xibrom 0.09% as a once-daily treatment for pain and inflammation associated with cataract surgery. In addition, we are working towards completing the additional T- Pred work required by the FDA for the testing of tobramycin and the pK study on the prednisolone component of the formulation. We expect to complete these additional T-Pred studies late this year or early 2009. Finally, we expect to announce in the second half of 2008 top-line data results from our additional ecabet sodium Phase II study that we initiated earlier this year."

MIVA INCORPORATED (NASDAQ: MIVA)
"Up 30.77% on Friday"

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

MIVA, Inc., along with its subsidiaries, operates as an online media and advertising network company primarily in North America and Europe. It operates in two divisions, MIVA Direct and MIVA Media. The MIVA Direct division operates a portfolio of consumer destination Web sites, as well as various consumer-oriented interactive products, including toolbars, home pages, and downloadable desktop wallpapers and screensavers. Its ALOT toolbars products offer consumers direct links to various relevant affinity content, and provide search functionality, utilizing search results and ad listings primarily from a third-party provider. Its portfolio of consumer destination Web sites includes vertical content sites and entertainment-oriented sites. The MIVA Media division is an auction based pay-per-click advertising and publishing network. It connects buyers and sellers online by displaying relevant and timely text ads in response to consumer search or browsing activity on select Internet properties. MIVA Media publisher network includes various third party and MIVA owned properties, including, portals, vertical and category specific content Web sites, commerce Web sites, community Web sites, search engines, directories, toolbars, and desktop marketing applications. The company was founded in 1995 as Collectibles America, Inc. It changed its name to BeFirst.com in June 1999, to FindWhat.com in September 1999, and to MIVA, Inc. in 2005. MIVA, Inc. is headquartered in Fort Myers, Florida.

MIVA News:

August 8 - Blinkx Proposes Acquisition of MIVA

Blinkx, the world's largest video search engine, confirms that it has delivered a letter to the Board of Directors and CEO of MIVA Inc. (Nasdaq: MIVA), offering to acquire the company for $1.20 per share. Existing cash resources of the two companies would be used to fund the transaction.