For Wednesday, October 8th
GSEN, BESV, DCGN, NXST, MVSR, RPTN
Our Stocks to Watch tomorrow include GS EnviroServices Inc. (OTCBB: GSEN), Blast Energy Services Inc. (OTCBB: BESV), deCODE Genetics Inc. (Nasdaq: DCGN), Nexstar Broadcasting Group Inc. (Nasdaq: NXST), Medivisor Inc. (OTC: MVSR) and Raptor Networks Technology Inc. (OTCBB: RPTN).

GS ENVIROSERVICES INCORPORATED (OTCBB: GSEN)
"Up 881.82% on Tuesday"
Detailed
Quote: http://www.otcpicks.com/quotes/GSEN.php
The Company intends to pursue business opportunities in the environmental and alternative energy fields. The Company will provide timely announcements on such developments.
GSEN News:
October 7 -
GS EnviroServices Announces Dividend
GS EnviroServices Inc. (OTCBB: GSEN) announced that its board of directors declared a dividend of 7 cents a share, payable on October 24, 2008 to shareholders of record on October 17, 2008.
BLAST ENERGY SERVICES INCORPORATED (OTCBB: BESV)
"Up 42.11% on Tuesday"
Detailed
Quote: http://www.otcpicks.com/quotes/BESV.php
Blast Energy Services, Inc. operates as a technology company in the energy sector. The company's satellite communication services division enables energy companies to remotely monitor and control well head, pipeline, drilling, and other oil and gas operations. Its down-hole solutions division focuses on the provision of casing milling, perforation, well stimulation, and lateral drilling services using its abrasive fluid jetting technology to oil and gas producers. The company was founded in 2000 and is based in Houston, Texas.
BESV News:
October 2 -
Blast Energy Services Successfully Drills Horizontally on Initial Well
Blast Energy Services, Inc. (OTCBB: BESV) announced that its radial jetting rig successfully completed the drilling of two separate fifty-foot horizontal penetrations in a well operated by Reliance Oil and Gas, outside of Abilene, Texas. At a depth of approximately 300 feet, the rig drilled each horizontal lateral in opposite directions (180 degrees) into the targeted producing sand. As a result, the initial natural gas production of the well increased five-fold to approximately 65 thousand cubic feet per day (mcf/d). The radial jetting rig, Blast Rig #1, is currently conducting similar operations on the second well in the drilling program.
"All of the equipment performed to perfection and we are now attempting to stimulate the second well. This represents an important validation for the development of our horizontal completion technology," said John O'Keefe, President and CEO of Blast.
Under the terms of the revenue sharing agreement, Reliance will operate the lateral jetting rig at no cost to Blast and will share 50% of the revenues generated from such rig. The rig has been contracted at a gross rate of $20,000 per well for what was planned to be a five-well Abilene program. In addition to validating the technology, the jetting process also took considerably less time than expected by completing each lateral section in less than one hour.
Meanwhile, operations have already commenced in South Texas on wells Reliance is operating in the Austin Chalk formation. Blast plans to move its rig to that area for a twenty-well program after it has completed its work in Abilene, Texas. With the success in stimulating production, the revenue per well rate is projected to double for the Austin Chalk drilling program.
DECODE GENETICS INCORPORATED (NASDAQ: DCGN)
"Up 38.10% on Tuesday"
Detailed
Quote: http://www.otcpicks.com/quotes/DCGN.php
deCODE is a biopharmaceutical company applying its discoveries in human genetics to the development of diagnostics and drugs for common diseases. deCODE is a global leader in gene discovery — our population approach and resources have enabled us to isolate key genes contributing to major public health challenges from cardiovascular disease to cancer, genes that are providing us with drug targets rooted in the basic biology of disease. Through its CLIA-registered laboratory, deCODE is offering a growing range of DNA-based tests for gauging risk and empowering prevention of common diseases, including deCODE T2™ for type 2 diabetes; deCODE AF™ for atrial fibrillation and stroke; deCODE MI™ for heart attack; deCODE ProCa™ for prostate cancer; deCODE Glaucoma™ for a major type of glaucoma. deCODE is delivering on the promise of the new genetics.
DCGN News:
October 6 -
deCODE Receives Nasdaq Deficiency Notice Relating to Market Value
deCODE Genetics Inc. (Nasdaq: DCGN) announced that on September 30, 2008 it received a notice from the Nasdaq Stock Market stating that for 10 consecutive trading days the market value of deCODE's common stock had been below $50 million, the minimum level required for continued listing on The Nasdaq Global Market as set forth in Nasdaq Marketplace Rule 4450(b)(1)(A). The notice further stated that deCODE also does not comply with an alternative test set forth in Nasdaq Marketplace Rule 4450(b)(1)(B), which requires total assets and total revenue of $50 million each for the most recently completed fiscal year or two of the last three most recently completed fiscal years.
In accordance with Nasdaq Marketplace Rule 4450(e)(4), deCODE will be provided a period of 30 calendar days, or until October 30, 2008, to regain compliance. If at any time before October 30, 2008, the market value of deCODE's common stock is $50 million or more for a minimum of 10 consecutive business days, the Nasdaq staff will determine if deCODE complies with Marketplace Rule 4450(b)(1)(A).
If deCODE has not regained compliance by October 30, 2008, the Nasdaq staff will issue a letter notifying deCODE that its common stock will be delisted from The Nasdaq Global Market. At that time, deCODE may appeal the determination to a Nasdaq Listing Qualifications Panel. If deCODE cannot meet the requirements for continued listing on The Nasdaq Global Market, it will consider whether to apply to transfer its common stock to The Nasdaq Capital Market.
NEXSTAR BROADCASTING GROUP INCORPORATED (NASDAQ: NXST)
"Up 36.42% on Tuesday"
Detailed
Quote: http://www.otcpicks.com/quotes/NXST.php
Nexstar Broadcasting Group currently owns, operates, programs or provides sales and other services to 50 television stations in 29 markets in the states of Illinois, Indiana, Maryland, Missouri, Montana, Texas, Pennsylvania, Louisiana, Arkansas, Alabama and New York. Nexstar’s television station group includes affiliates of NBC, CBS, ABC, FOX, MyNetworkTV and The CW and reaches approximately 8.2% of all U.S. television households.
NXST
News:
October 7 -
Nexstar Broadcasting Enters into Definitive Agreement to Acquire KWBF-TV in Little Rock, Arkansas
Nexstar Will Own or Provide Services to Multiple Stations in 19 of the 29 Markets Where it Operates
Nexstar Broadcasting Group, Inc. (Nasdaq: NXST) announced that it entered into a definitive agreement to acquire the assets of KWBF-TV, the MyNetworkTV affiliate serving the Little Rock, Arkansas market for $4 million from Equity Broadcasting Corp. The proposed acquisition complements Nexstar’s existing Little Rock television station holdings where the Company operates KARK-TV, the local NBC affiliate in the market.
According to Nielsen Media’s 2008-2009 Local Market Estimates, Little Rock will be ranked as the 56th largest television market in the country in 2009. Upon completion of the acquisition Nexstar will own, operate, program or provide services to more than one station in 19 of the 29 markets where it operates. KWBF-TV will represent the 51st television station that Nexstar owns or for which it provides sales, programming and other services.
Commenting on the agreement, Nexstar Broadcasting Group President and CEO, Perry A. Sook said, “This transaction reflects Nexstar’s long-term strategy of identifying accretive acquisitions and prudently expanding our portfolio by operating multiple stations in concentrated geographic areas. Under Nexstar’s ownership, KWBF-TV will realize additional retransmission revenues and we’ll achieve operating and financial synergies between KARK-TV and KWBF-TV. Post-closing, our immediate strategies will focus on leveraging our existing local sales teams, award-winning local news and e-Media operations across both stations. On a pro-forma basis the purchase price represents a multiple of less than six times the last twelve months’ cash flow. As such, the acquisition is expected to be accretive to the company which will allow for further balance sheet de-leveraging.”
Nexstar intends to finance the acquisition through cash on hand. Pro-forma for the transaction, Nexstar is on track to end 2008 with a total leverage ratio of approximately 6.0x compared to its permitted leverage covenant of 6.50x at December 31, 2008.
The transaction, which is subject to FCC approval and other customary conditions, is expected to close in the first half of 2009.
MEDIVISOR INCORPORATED (OTC: MVSR)
"Up 41.67% on Tuesday"
Detailed
Quote: www.otcpicks.com/quotes/MVSR.php
Medivisor, Inc. provides medical information to healthcare professionals, primarily physicians, through its Web sites, using inter-active, informational, and video and graphic presentations. It also focuses on offering Web site services to various industries seeking direct access to physicians, including providers of continuing medical education courses; sponsors of medical conferences and seminars; and pharmaceutical companies, using an online marketing format known as e-detailing. The company was founded in 2002 and is headquartered in Huntington Station, New York.
MVSR
News:
October 7 - Medivisor, Inc. Featured in Profile at WallStreetResearch.org
Medivisor, Inc. (OTC: MVSR), developer of next-generation focus driven marketing tools, announced that it has been featured in a corporate profile posted at www.wallstreetresearch.org. WallStreet Research specializes in the microcap and smallcap arena, looking for emerging growth companies with strong management, unique proprietary technology, creative marketing, significant market potential, value, financial strength and outstanding long-term earnings growth.
"It is extremely encouraging that in spite of the current market climate, Medivisor's recent developments and outlook continue to be recognized by analysts. Not only has Medivisor, Inc. received a 'Speculative Buy Rating' at www.BeaconEquity.com, but it has also been profiled on the website www.wallstreetresearch.org," stated Dino Luzzi, CEO of Medivisor, Inc.
RAPTOR NETWORKS TECHNOLOGY INCORPORATED (OTCBB: RPTN)
"Up 27.27% on Tuesday"
Detailed
Quote: http://www.otcpicks.com/quotes/RPTN.php
Raptor Networks Technology, Inc. has developed the world's first "distributed fabric" network switching architectures, all open-standards based, that benefit networks that provide newer latency-sensitive services such as video, VOIP, high speed server and storage clustering and the like. This patented Distributed Network Switching Technology enables new network build outs and performance upgrades of traditional chassis-based installations in a highly cost effective manner. Management believes that the unique advantage Raptor provides is speed over distance: data transport at wire speed, in hardware, between spatially separated network elements. Enhanced network reliability, lower power consumption and reduced form factor combine to enable significant savings in both acquisition costs as well as operating expense. Raptor's network switching products engender the feature set and versatility to run the most advanced new data applications.
RPTN News:
October 7 -
Raptor Networks Technology Announces Award of SPAWAR Advanced Concept Technology Demonstration Subcontract
Raptor Networks Technology, Inc. (OTCBB: RPTN), provider of the world's first distributed network switching architectures, announced the award of a $649,000 advanced technology demonstration subcontract from the Space and Warfare Systems Command of the United States Navy. The award is for a one-year time and materials, task instruction based subcontract.
"With this contract award, we plan to demonstrate the applicability of 'distributed core network architectures' to the Department of Defense," noted Raptor Networks Technology Chairman and CEO Tom Wittenschlaeger. "While this contract award is a small one for SPAWAR, it is significant for Raptor and we are grateful for the opportunity."
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