OTCPicks.com

For Monday, September 17th

SMKY, MECA, AUUM, ASXSF, CHCG, WRII

Our Stocks to Watch for tomorrow include Smokey Market Foods (OTCBB: SMKY) Magna Entertainment (NASD: MECA), American Uranium Corp. (OTCBB: AUUM), Alberta Star Development (OTCBB: ASXSF), China 3C Group (OTCBB: CHCG), Waste Recovery Inc. (OTC: WRII)

SMOKY MARKET FOODS (OTCBB: SMKY)
"Up 46.6% on Friday"

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

The Company produces a complete line of fully cooked foods through a unique wood-burning oven system and intends to build a national chain of Smoky Market® restaurant-stores and self-contained kiosks that do not have to cook raw meat on site, and to also distribute Smoky Market® brand smoked foods directly over the Internet and through attractive Point-of-Sale merchandisers placed in high-traffic venues. The company is also attempting to establish supply relationships with national chains of restaurants that need to diversify their menu.

SMKY News:

September 13 - Smoky Market Foods Begins Trading on OTC Bulletin Board

Smoky Market Foods, Inc. (OTCBB: SMKY) announced recently that its common stock has begun to trade on the OTC Bulletin Board under the symbol "SMKY."

The CEO and founder, Mr. Edward Feintech, has been producing smoked foods since the opening of his first Rib Joint barbecue restaurant in Des Moines, Iowa in 1977. The cooking process required the use of freshly cut hickory timber to impart a natural and penetrating smoky flavor in unique wood-burning ovens; the process is called "Smoke-Baking(TM)." In the late 1980s the decision was made to mass produce the authentic quality and take the product national. It took many years and several million dollars to produce a commercial model of the stainless steel oven that could process several thousand pounds, instead of a few hundred pounds, and could pass USDA inspection.

The smoker-oven technology, developed by Smoky Market's predecessor, has been approved by the USDA for the commercial production of food products, and a high-capacity oven system has been installed in a large USDA-inspected food plant located in Webster City, Iowa. Smoky Market's brand Smoke-Baked meat and fish are 100% naturally prepared, meaning that the food products contain NO steroids, growth hormones, antibiotics, artificial coloring, additives or preservatives -- only garlic, pepper, select herbs and sea salt are used to flavor the products.

After completing the development of its Smoke-Baking technology, Smoky Market began focusing on becoming an SEC reporting company, raising bridge capital and taking other steps necessary for its common stock to begin trading on the public markets. "This is an important milestone in our business plan and we hope that it permits us to rapidly raise the capital necessary to execute our business plan, which is to build a national chain of Smoky Market® restaurant-stores and self-contained kiosks, and to distribute Smoky Market® brand foods directly over the Internet," explained company CEO Edward Feintech.


MAGNA ENTERTAINMENT (NASD: MECA)
"Up 24.6% on Friday"

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

MEC, North America's largest owner and operator of horse racetracks, based on revenue, acquires, develops, owns and operates horse racetracks and related pari-mutuel wagering operations, including off-track betting facilities. MEC also develops, owns and operates casinos in conjunction with its racetracks where permitted by law. MEC owns and operates AmTote International, Inc., a provider of totalisator services to the pari-mutuel industry, XpressBet(R), a national Internet and telephone account wagering system, as well as MagnaBet(TM) internationally. Pursuant to joint ventures, MEC has a fifty percent interest in HorseRacing TV, a 24-hour horse racing television network and TrackNet Media Group, LLC, a content management company formed for distribution of the full breadth of MEC's horse racing content.

MECA News:

September 13 - Magna Entertainment Corp. Announces Debt Elimination Plan, Funding Arrangement through Private Placement and New Bridge Loan Facility, and the Appointment of New Independent Director

Magna Entertainment Corp. (NASDAQ: MECA; TSX: MEC.A) recently announced that as a result of the completion of its strategic review of assets and operations, a number of important initiatives have been adopted, including:

- adopting a plan designed to eliminate the Company's net debt by December 31, 2008 by generating aggregate proceeds of approximately $600-$700 million from the sale of assets, entering into strategic transactions involving MEC's racing, gaming and technology operations, and a possible future equity issuance, likely in 2008, as well as improving future earnings;

- arranging $100 million of funding to address immediate liquidity concerns and provide sufficient time to implement the plan, comprised of: (i) a $20 million private placement of MEC Class A Subordinate Voting Stock ('Class A Stock') to Fair Enterprise Limited ('Fair Enterprise'), a company that forms part of an estate planning vehicle for the family of Mr. Frank Stronach, the Chairman and Interim Chief Executive Officer of MEC; and (ii) an $80 million short-term bridge loan from a subsidiary (the 'MID Lender') of MI Developments Inc. ('MID'), MEC's controlling shareholder; and

- appointing Tony Campbell of Knott Partners Management, LLC as a new independent director.


AMERICAN URANIUM CORP (OTCBB: AUUM)
"Up 24.5% on Friday"

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

American Uranium Corporation (OTCBB:AUUM) is an American exploration company dedicated to the acquisition and development of uranium properties within the United States.

AUUM News:

September 13 - American Uranium Corporation Appoints Chief Financial Officer

American Uranium Corp. ("American") (OTCBB:AUUM) is pleased to announce the appointment of Mr. Hamish Malkin as the company's Chief Financial Officer, effective September 15, 2007

Mr. Malkin has been the CFO of Entree Gold (TSX:ETG)(AMEX:EGI) since July 16, 2003, and was instrumental in assisting Entree Gold to be listed on the American Stock Exchange. Mr. Malkin currently provides financial services to other public companies in the United States and Canada.

Prior to working for Entree Gold, Mr. Malkin was the Chief Financial Officer of Trivalence Mining Corporation from January 1997 to March 2003. Mr. Malkin is a Chartered Accountant and a member of the Canadian Institute of Chartered Accountants and the Institute of Chartered Accountants of British Columbia. Prior to 1997, Mr. Malkin held senior financial positions in the entertainment and commercial real estate industries.

Bob Rich, CEO of American, commented "The addition of Mr. Malkin to the American Uranium team provides the highly competent, ethical accounting and regulatory experience we require and will significantly strengthen our ability to evaluate future business opportunities."


ALBERTA STAR DEVELOPMENT (OTCBB: ASXSF)
"Up 24% on Friday"

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

Alberta Star is a Canadian mineral exploration company that identifies, acquires and finances advanced stage mineral exploration projects in Canada. The Company is committed to creating long term shareholder value through the discovery of base and precious metals and uranium.

ASXSF News:

September 14 - Alberta Star Completes Staking and Acquisition of Additional Uranium Mineral Claims at Eldorado West

Alberta Star Development Corp., (TSX VENTURE: ASX)(OTCBB: ASXSF), is pleased to announce that the Company has staked a number of new and highly prospective uranium targets after reviewing the results of the Company's recently completed Regional High Resolution Aeromagnetic Gradiometer-radiometric Survey over the Eldorado & Contact Lake uranium belts (NR Aug 30, 2006). The Eldorado West uranium claims consist of four claims west of the 100% wholly owned Eldorado South uranium claims located south of the Eldorado uranium mine on the east side of Great Bear Lake, NT and 423 miles north of the city of Yellowknife, and consists of 4,177.09 hectares (10,321.77 acres). The recent staking activity increases the size of the Company's regional land portfolio to over 39,671.83 hectares (98,027.77 acres).

The Company is currently undertaking its 2007 Phase-2 IOCG & Uranium Drilling Program which is designed to expand recently discovered mineralized zones, determining continuity and orientation, locating higher grade extensions of IOCG and uranium mineralization, and preliminary testing of the remaining, untested mineralized and altered zones within the Eldorado & Contact Lake project areas.

The Eldorado & Contact Lake regions are characterized by poly-metallic mineralization that may be amenable to either bulk tonnage or underground poly-metallic mining techniques.


CHINA 3C GROUP (OTCBB: CHCG)
"Up 18.8% on Friday"

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

China 3C Group is a leading retail chain operating retail outlets in Eastern China. The company specializes in selling 3C products (communication, information technology and digital) in China. Among China 3C's primary attributes is its efficient distribution network and rapid logistics system. The company's goal is to become the number one retailer of 3C products in China. For more information, visit http://www.china3cgroup.com.

CHCG News:

September 14 - China 3C Group Announces Conf. Call September 17

China 3C Group (OTCBB: CHCG), a retailer and distributor of consumer and business products in China, announced it will hold a conference call with Mr. Wang, chairman and CEO, on Monday, September 17 at 10 a.m. Eastern Daylight Time. The call will cover recent company developments.

To participate, call toll free (888) 459-5609 any time after 9:50 a.m. EDT on September 17. International and local callers should dial (973) 321-1024. Upon dialing in, reference conference ID number 9250465 with moderator Joseph Levinson. While in conference, if callers should experience any difficulty or require operator assistance, they can press the (*) followed by the (0) button. This will call an operator to the line.


WASTE RECOVERY INC (OTC: WRII)
"Up 18.5% on Friday"

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

Waste Recovery, Inc. is a development stage corporation mandated by its shareholders to seek out business opportunities to acquire or merge with to create value for its shareholders.

WRII News:

September 14 - Waste Recovery, Inc. Announces Its Merger With DR Entertainment Group (MINXX Gentlemen's Club) of Las Vegas, Nevada

Waste Recovery, Inc. (OTC: WRII) recently announces its merger partner to be DR Entertainment Group of Las Vegas, Nevada. DR Entertainment Group is the parent company of the world famous MINXX Gentlemen's Club also located in Las Vegas.

DR Entertainment Group is the sole owner of the real estate asset including the building which is approximately 10,500 square feet. The real property is estimated to be valued at approximately $10 million. MINXX Gentlemen's Club is a world class adult entertainment facility and is frequented by many celebrities and influential patrons. The club is located at 4636 Wynn Road in Las Vegas near the Rio Hotel and Casino, and the Palms Hotel and Casino.

DR Entertainment Group has a strong market growth plan. The plans include growing local and tourist traffic to its existing MINXX location, and an aggressive acquisition strategy where DR/MINXX will merge with other Gentlemen's Clubs. These newly acquired clubs will be rolled in under the MINXX label and upgrade to the MINXX standard of high end entertainment facility.

 
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