For Friday, September 5th
NLAI, WWEI, HKBV, CAPA, GNLB, DYMTF
Our Stocks to Watch tomorrow include New Market Latin America Inc. (OTC: NLAI), Welwind Energy International Corp. (OTCBB: WWEI), Hat Trick Beverages Inc. (OTC: HKBV), Captaris Inc. (Nasdaq: CAPA), Genelabs Technologies Inc. (NASDAQ: GNLB) and Dynamotive Energy Systems Corp. (OTCBB: DYMTF).

NEWMARKET LATIN AMERICA INCORPORATED (OTC: NLAI)
"Up 60.00% on Thursday"
Detailed
Quote: http://www.otcpicks.com/quotes/NLAI.php
NewMarket Latin America provides world-class systems integration services through relationships with Hyperion, Oracle, SAP, SSA Global, Microsoft and many more. NewMarket Latin America has major customers in various sectors such as Oil and Gas, Consumer Products, Financial Services, and Pharmaceuticals Industries. NewMarket Latin America deliver solutions to regional customers in addition to specializing in helping US clients expand their businesses and operations into one of the fastest growing economic regions in the world. NewMarket Latin America has offices and operations throughout Latin America. NewMarket Latin America also identifies emerging technologies developed within the region and brings those latest technologies to market worldwide. These innovations help clients grow their businesses and gain a new competitive advantage.
NLAI News:
September 3 -
NewMarket Latin America, Inc. Resumes Trading With Plans for All SEC Required Filings to Be Current in 45 Days
New Market Latin America, Inc. (OTC: NLAI) resumed trading yesterday after a ten-day trading suspension. On August 18, 2008, the Securities and Exchange Commission (SEC) temporarily suspended trading of the Company's common stock. The suspension ended on August 29th at 11:59 pm EDT and as of yesterday, the Company's common stock is eligible for trading.
The former name of NewMarket Latin America and the name still reflected on the SEC Website is Paragon Financial Corp. Paragon Financial Corp. became delinquent in its filings before being renamed NewMarket Latin America and having new management appointed. Current management has been working with former management to resolve past comment letters, the resolution of which are necessary to bring the Company current with its SEC financial reporting requirements.
SEC Hearing Set
The SEC has set a hearing on September 15, 2008 at 9:30 am EDT in Washington, D.C. regarding the suspension of trading and possible actions by the SEC due to the delinquent filings. The SEC will review the Company's filing status and consider whether a further suspension or revocation of registration is appropriate in response to the specific findings regarding the Company's current filing status.
NewMarket Latin America, Inc. Plan to Bring Filings Current in 45 Days
The Company plans to bring all of its filings current in the next 45 days and is working diligently to complete as much as possible by the end of September.
NewMarket Latin America intends to argue to the SEC that further suspension of trading is unnecessary, and that a revocation of registration is likewise unnecessary as the Company can be brought current.
Corporate E-mail Updates
To learn more about NewMarket Latin America's plans beyond its efforts to bring its public reporting current, or to be added to NewMarket Latin America's e-mail database to receive company updates, please send an e-mail to
This email address is being protected from spam bots, you need Javascript enabled to view it
or call 214-722-3065.
WELWIND ENERGY INTERNATIONAL CORPORATION (OTCBB: WWEI)
"Up 41.54% on Thursday"
Detailed
Quote: http://www.otcpicks.com/quotes/WWEI.php
Welwind Energy International Corp. is committed to providing the best resource option available for renewable energy, protecting our environment, empowering communities, bolstering local economies and respecting the rights of future generations. Welwind Energy International was founded to build, own and operate wind farms on an international scale. The company's goal is to become a leading provider of clean energy products for the residential, business and governmental consumer.
WWEI News:
September 4 -
Welwind Announces Joint Venture Partnership Signed With Ningxia Electric Power for PPA Approved Wind Farm
Welwind Energy International Corp. (OTCBB: WWEI) (the “Company”), announced that it has successfully signed a binding joint venture partnership for a 49% interest in a wind farm project owned by Ningxia Electric Power Corp. (NEP).
A La Shan Zuo Qi Windfarm Ltd. (project company of NEP) is a 49.5 MW wind farm, expandable to 400 MW. The partnership will give Welwind a 49% interest in the entire project. Welwind will provide the debt financing for the project and also provide technical support along with turbine equipment manufacturing and construction. NEP has a signed Power Purchase Agreement (PPA price: 0.08 cents USD/KWH) dated August 5, 2008 from the Neimeng Provincial Development and Planning Commission.
“As we wait for an update from the Zhanjiang Government for Welwind's current wind farm project, we continue to forge ahead on building out the company's business model. This joint venture with one of China's largest wind farm developers allows the company to continue its growth and maintain momentum,” says Tammy McNabb, President of Welwind.
ABOUT NINGXIA ELECTRIC POWER GROUP
Ningxia Electric Power Group was established in June of 2003. The company is a large-scale group holding by Ningxia Hui Autonomous Region Government. The company's primary focus is the development and construction of thermal power generation, wind power, wind turbines, and an involvement in the coal chemical industry. By the end of 2006, Ningxia Electric Power Group assets totaled 6.2 billion Yuan ($906 Million USD), and sales revenues were above 2 billion Yuan ($300 Million USD). The company has approximately 4500 employees.
HAT TRICK BEVERAGE INCORPORATED (OTC: HKBV)
"Up 123.53% on Thursday"
Detailed
Quote: http://www.otcpicks.com/quotes/HKBV.php
Hat Trick Beverage, Inc., through its subsidiaries, produces, markets, and distributes beverage products in the cold and hot drink industry. It offers water, coffee, and Mexican juice drinks. The company offers its products through retail distributors to residential and commercial markets. Hat Trick Beverage, Inc. has operations in San Diego, California; and Toronto, Canada. The company is based in Encinitas, California.
HKBV News:
September 3 -
Hat Trick Beverages in over 500 new retail locations
Hat Trick Beverages Inc. (OTC: HKBV) announced that its cold beverage division has picked up a major and a significant new distribution in the State of Arizona.
The Company, working with its Arizona distributor, Pinnacle Distributing, has just achieved listings in a total of over 500 new store locations. The Company's Pumped Fitness beverage, shaped in a unique, proprietary package to look like dumbbell weights, will now be available in Hi Health Stores, an upscale grocery chain, as well as Fry's, an important mid-market grocery chain.
Hat Trick Beverage CEO, Sender Vaiser commented; "This is a significant win. These are strong, mid-sized retailers and they are demonstrating faith in the product concept. The combination of an excellent all-natural, lightly sweetened fruit flavored line of fitness waters, coupled with a breakthrough packaging concept has started to attract a lot of interest from distributors as well as retail chains.
The Company is also in discussions with a major national retailer, although it is early on in the negotiations process. The fact that we even have the attention of a major national retailer underlines the potential retail volume we can achieve with this product".
The issuer expects, and projects its initial order of 20,000 cases to begin filling the retail pipeline with product, in September with up to 250,000 cases of anticipated fulfillment.
The entire contract has a face value of $3.9 million to the issuer.
CAPTARIS INCORPORATED (NASDAQ: CAPA)
"Up 24.87% on Thursday"
Detailed
Quote: http://www.otcpicks.com/quotes/CAPA.php
Captaris, Inc. is a leading provider of software products that automate document-centric business processes. Captaris specializes in document capture, recognition, routing, workflow and delivery. Captaris integrated solutions provide interoperability with leading line of business applications and technology platforms. Captaris products include RightFax, Captaris Workflow, Alchemy, FaxPress, DOKuStar, RecoStar, and Single Click Entry, which are distributed through a global network of leading technology partners. Captaris customers include the entire Fortune 100 and the majority of Global 2000 companies. Headquartered in Bellevue, Washington, Captaris was founded in 1982.
CAPA News:
September 4 -
Open Text to buy Captaris for $4.80 a share
Open Text Corp. (Nasdaq: OTEX) announced that it will buy software company Captaris Inc. (Nasdaq: CAPA) for approximately $131 million, or $4.80 a share. The acquisition is expected to be completed by year’s end.
GENELABS TECHNOLOGIES INCORPORATED (NASDAQ: GNLB)
"Up 23.91% on Thursday"
Detailed
Quote: http://www.otcpicks.com/quotes/GNLB.php
Genelabs is a biopharmaceutical company focused on the discovery and development of novel compounds for infectious diseases. In addition to a late-stage drug candidate for hepatitis E partnered with GlaxoSmithKline, the company is advancing multiple partnered and proprietary compounds designed to selectively inhibit replication of the hepatitis C virus.
GNLB News:
September 3 -
Genelabs Technologies, Inc. Announces Appointment of Frederick W. Driscoll as President and CEO
Genelabs Technologies, Inc. (NASDAQ: GNLB) announced the appointment of Frederick W. Driscoll as President and Chief Executive Officer and as a member of its Board of Directors. Genelabs is a biopharmaceutical company focused on the discovery and development of novel compounds for infectious diseases.
Mr. Driscoll most recently served as Genelabs’ Chief Financial Officer and has been sharing CEO responsibilities with Irene A. Chow, Ph.D., the Company’s Executive Chairman. He has more than 30 years of financial management and operational leadership experience in the biotechnology and medical device industries. Prior to joining Genelabs he was employed by OXiGENE, Inc., initially as Vice President Finance and Operations and subsequently as President and Chief Executive Officer. During his tenure at OXiGENE, Mr. Driscoll built strong relationships with institutional investors, investment banks and research analysts and successfully recapitalized the company through private and public financings, enabling the company to advance its lead oncology investigational drug CA4P from Phase 1 to Phase 3 clinical development. Previously, Mr. Driscoll served as Senior Vice President of Finance and Operations for Collagenesis Corporation and Vice President-Finance for Instrumentation Laboratory.
Commenting on the appointment, Irene A. Chow, Ph.D., Executive Chairman of Genelabs, stated “Fred is a proven leader with significant executive and financial experience in the context of discovery and development stage life science companies.” Dr. Chow added, “We have been impressed with his strong decision making abilities and team oriented leadership style. His leadership and experience relating to the establishment and management of corporate alliances is of particular value to us in the continued growth of our business.”
“I am very enthusiastic about taking on this new role at Genelabs,” stated Mr. Driscoll. “We have built an excellent employee base with vast experience in the infectious disease area and more specifically in the hepatitis C field. It is our overarching goal to advance one of our proprietary novel HCV compounds into clinical research and to help address the high unmet medical need in patients infected with HCV.”
DYNAMOTIVE ENERGY SYSTEMS CORPORATION (OTCBB: DYMTF)
"Up 21.95% on Thursday"
Detailed
Quote: http://www.otcpicks.com/quotes/DYMTF.php
Dynamotive Energy Systems Corporation is an energy solutions provider headquartered in Vancouver, Canada, with offices in the USA and Argentina. Its carbon/greenhouse gas neutral fast pyrolysis technology uses medium temperatures and oxygen-less conditions to turn dry, waste cellulosic biomass into BioOil for power and heat generation. BioOil can be further converted into vehicle fuels and chemicals. Photographs of the Guelph and West Lorne plants may be seen on the company's Web site at www.dynamotive.com.
DYMTF
News:
September 4 - Dynamotive Reports 2nd Quarter 2008 Results
Dynamotive Energy Systems Corporation (OTCBB: DYMTF) (“Dynamotive”), a leader in biomass-to-biofuel technology, reported its second quarter 2008 results.
For the three months ended June 30, 2008, the Company reported a net loss of $2.9 million or $0.01 per share, compared with a net loss of $3.5 million or $0.02 a share for the same period a year earlier. When stock-based compensation is excluded, Dynamotive’s Q2 2008 net loss was $2.3 million, compared with $2.8 million during 2007. (All figures are in US dollars.)
The lower loss for the quarter is due mainly to lower business development, research and development expense and an overall reduction in general and administrative expenses, partially offset by increased activity levels in the Company’s US and Argentine offices.
During the quarter, Dynamotive continued commissioning of a modular 200-tonnes-per-day intermediate grade BioOil® plant in Guelph Ontario and repaired fire damage at the upgraded 130 tpd plant in West Lorne, Ontario.
President and CEO, Andrew Kingston, said: “During the second quarter of 2008 and since quarter end, Dynamotive has completed the repair and start-up of the West Lorne plant and has made related modifications in Guelph. Although the four month delay due to these events occasioned by the thermal incident, has slowed our project development activity, the Company is receiving renewed expressions of interest from these prospects and has an attractive pipeline of advanced opportunities. Sales of BioOil and char to existing customers and prospects for additional product contracts in the next few months are promising. We look forward to increased sales activity through the remainder of this year and to making advances in the US, South American and other project developments.”
Quarter highlights
* Completed repair work and re-commissioning at West Lorne along with implementation of preventative measures at Guelph.
* Initial post-repair production from the upgraded West Lorne plant in July 2008, with $100,000 of invoiced sales of product and services since re-start-up.
* Completed additional contracts in US and Argentina to advance project developments.
* Completed additional third party tests on BioOil, BioOil Plus and BioChar.
* Advanced research and development work on a two stage process for the upgrading of BioOil, which the company believes can be a cost effective path to using BioOil in the production of mobile fuels in conventional refineries.
* The Company is currently working with its investment bankers and has agreed terms in principle for convertible debt financing. Subject to final agreements and market conditions, funding is targeted for September.
ABOUT BIOOIL® BIOFUEL
BioOil® is an industrial fuel produced from cellulose waste material. When combusted it produces substantially less smog-precursor nitrogen oxides (‘NOx’) emissions than conventional oil as well as little or no sulfur oxide gases (‘SOx’), which are a prime cause of acid rain. BioOil® and BioOil Plus™ are price-competitive replacements for heating oils #2 and #6 that are widely used in industrial boilers and furnaces. They have been EcoLogo certified, having met stringent environmental criteria for industrial fuels as measured by Environment Canada’s Environmental Choice Program. BioOil® can be produced from a variety of residue cellulosic biomass resources and is not dependent on food-crop production. |