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FRANKLIN MINING INCORPORATED (OTC: FMNJ)
"Up 100.00% on Thursday"

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

Franklin Mining, Inc. has mining and energy interests in the United States and Bolivia as well as energy interests in Argentina. Franklin Oil & Gas, Inc. and Franklin Mining, Bolivia are wholly owned subsidiaries. Franklin Mining, Inc. holds 51% ownership in both Franklin Oil & Gas, Bolivia S.A. and Franklin Oil & Gas International S.A. Visit www.FranklinMining.com for more information.

FMNJ News:

November 18 - Franklin Announces Reorganization

Franklin Mining, Inc. (OTC: FMNJ) (Frankfurt: FMJ.F) announces the reorganization of its business structure and top management effective Tuesday, November 18, 2008, splitting its mining and energy divisions and appointing Howard Dunn, PE to the position of President, Franklin Oil & Gas Division. Mr. Paul Baker has been appointed to direct Mining Operations in Bolivia.

"As President of our Oil & Gas Division, Mr. Dunn will be responsible for the oversight, coordination and development of Franklin's GTL project in Argentina. Mr. Fernando Infante, Franklin Mining Executive Vice-President will work with Mr. Dunn on energy issues." Mr. Petty's remarks on Franklin's top management realignment continued, "Howard and Fernando will work directly with Dr. Isaac Rahmim, President, E-MetaVenture, Inc. as we expand and strengthen our Oil & Gas Division."

"Mr. Paul Baker, a career mining executive with a thorough understanding of the industry in South America, has assumed responsibility for on-site management and coordination of all mining operations and logistics for our joint-venture Escala I project in Bolivia." Mr. Petty added, "Paul has been a mining consultant to Franklin since mid-2007 and I am pleased he has agreed to be our on-site manager as Franklin moves forward with our capital investment plan for the Escala."

About Franklin Mining, Inc: Franklin Mining, Inc. has mining and energy interests in the United States and Bolivia as well as energy interests in Argentina. Franklin Mining, Bolivia is a wholly owned subsidiary. Franklin Mining, Inc. holds 51% ownership in both Franklin Oil & Gas, Bolivia S.A. and Franklin Oil & Gas International S.A.

DEPOMED INCORPORATED (NASDAQ: DEPO)
"Up 21.57% on Thursday"

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

Depomed, Inc. is a specialty pharmaceutical company with two approved products on the market and other product candidates in its pipeline. The company utilizes its proven, proprietary AcuFormTM drug delivery technology to improve existing oral medications, allowing for extended, controlled release of medications to the upper gastrointestinal tract. Benefits of AcuForm-enhanced pharmaceuticals include the convenience of once-daily administration, improved treatment tolerability and enhanced compliance and efficacy. GLUMETZA® (metformin hydrochloride extended release tablets) is approved for use in adults with type 2 diabetes and promoted by Santarus, Inc. in the United States. Proquin® XR (ciprofloxacin hydrochloride) is approved in the United States for the once-daily treatment of uncomplicated urinary tract infections and is being marketed in the United States within the urology, Ob/Gyn and long-term care specialties by Watson Pharmaceuticals. Product candidate DM-1796 is in clinical development for the treatment of neuropathic pain and has been licensed to Solvay Pharmaceuticals. Product candidate DM-5689 is in clinical development for menopausal hot flashes.

DEPO News:

November 20 - Depomed, Inc. Announces Exclusive North American License Agreement with Solvay Pharmaceuticals, Inc. for DM-1796 (Gabapentin GR®) in the Treatment of Pain

Depomed, Inc. (Nasdaq: DEPO) announced a product license agreement under which Solvay Pharmaceuticals will have exclusive rights for DM-1796 (formerly Gabapentin GR®) for the treatment of pain in the United States, Canada, Mexico and Puerto Rico.

DM-1796 is an investigational gastric retentive formulation of gabapentin that is designed to achieve once-daily dosing and potentially reduce some of the side effects associated with gabapentin. Currently in Phase 3 development, DM-1796 is being studied for the treatment of postherpetic neuralgia.

“DM-1796 has the potential to offer patients suffering from persistent postherpetic neuralgia a new once daily treatment option with a more tolerable safety profile,” said Carl Pelzel, Depomed’s president and chief executive officer. “We are pleased to license this important new product to Solvay Pharmaceuticals, as DM-1796 will make a significant addition to Solvay’s portfolio, and reflects Solvay’s strategic focus on neuroscience development.”

Agreement Terms

Under the agreement announced today, Solvay Pharmaceuticals will make an upfront payment of $25 million to Depomed, and will make milestone payments to Depomed, subject to the fulfillment of future regulatory and sales milestones, of up to an additional $370 million (up to $70 million in regulatory milestones and up to $300 million in sales milestones). Solvay Pharmaceuticals will also pay a royalty of 14 to 20 percent, depending on product sales.

Depomed will remain responsible for completion of the ongoing Phase 3 clinical trial for DM-1796 in PHN, and will be responsible for certain other regulatory support activities through NDA approval. Solvay Pharmaceuticals will be responsible for NDA filing and has the option to develop DM-1796 in further pain indications other than PHN. If Solvay Pharmaceuticals elects to develop DM-1796 in fibromyalgia, Depomed has a right of first negotiation for co-promote rights in the OB/GYN field upon fibromyalgia indication regulatory approval.

Consummation of the transaction is anticipated to occur in the fourth quarter of 2008 and is contingent solely on completion of review under the Hart-Scott-Rodino (HSR) Antitrust Improvements Act of 1976. The upfront payment to Depomed is due 60 days following the completion of the HSR review.

“This transaction achieves an important strategic goal of partnering DM-1796 with a top tier partner, while maintaining our ownership of DM-5689 for menopausal hot flashes,” said Thadd Vargas, Depomed’s vice president, Business Development. “In addition, it provides Depomed with significant resources to fund and advance our business, particularly in these challenging economic times.”

Clinical Development Status

In March 2008, Depomed initiated dosing of the first patient in a Phase 3 clinical trial for DM-1796 for PHN. The study is a randomized, double-blind, placebo-controlled study of approximately 450 PHN patients. Patients in the study are randomized into two treatment arms: placebo, or 1800mg of DM-1796 dosed once daily. The current anticipated submission date for the DM-1796 NDA to the U.S. Food and Drug Administration is the fourth quarter of 2009.

Postherpetic Neuralgia (PHN)

Postherpetic neuralgia (PHN) is a persistent neuropathic pain condition. It is caused by nerve damage after a shingles, or herpes zoster, viral infection and afflicts approximately one in five patients diagnosed with shingles (~ 150,000 individuals) in the U.S. The incidence of PHN increases in elderly patients, with 75 percent of those over 70 years old who have shingles, developing PHN. The pain associated with PHN reportedly can be so severe that patients are unable to resume normal activities for months.

Leveraging Depomed’s Gastric Retentive Technology

Gabapentin available on the market today is formulated for immediate release (IR). Upon ingestion, the entire administered dose is released into the stomach allowing for it to be rapidly absorbed into the blood. This rapid absorption leads to peak concentrations of the active ingredient, which gives rise to commonly experienced side effects including dizziness and daytime sleepiness. Patients taking immediate release formulations of gabapentin frequently need to take it three to four times a day to effectively manage their pain.

Formulated with gastric retentive technology, DM-1796 is designed for targeted, controlled release to the upper GI tract over a six to eight hour period. This extended release allows for the drug to be gradually absorbed into the blood, reducing the likelihood of peak concentrations and potentially resulting in fewer side effects than seen with immediate release formulations. Greater treatment tolerability and a more convenient dosing regimen made possible with this technology could potentially translate into greater patient compliance and ultimately better pain management.

ABOUT SOLVAY PHARMACEUTICALS INC.

Solvay Pharmaceuticals, Inc., of Marietta, Georgia, is the U.S. subsidiary of Solvay Pharmaceuticals. Solvay Pharmaceuticals is a research driven group of companies that constitute the global pharmaceutical business of the Solvay Group. These companies seek to fulfill carefully selected, unmet medical needs in the therapeutic areas of neuroscience, cardio-metabolic, influenza vaccines, gastroenterology, and men’s and women’s health. Its 2007 sales were EUR 2.6 billion and it employs more than 9,000 people worldwide. Solvay is an international chemical and pharmaceutical Group with headquarters in Brussels. It employs more than 28,000 people in 50 countries. In 2007, its consolidated sales amounted to EUR 9.6 billion, generated by its three sectors of activity: Chemicals, Plastics and Pharmaceuticals. Solvay (NYSE Euronext: SOLB.BE) (Bloomberg: SOLB.BB) (Reuters: SOLBt.BR) is listed on the NYSE Euronext stock exchange in Brussels.

DATAWATCH CORPORATION (NASDAQ: DWCH)
"Up 44.44% on Thursday"

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

Datawatch Corporation, a leader in Enterprise Information Management, helps companies make better decisions and solve business problems by simplifying access to information. Unique among EIM vendors, Datawatch transforms the massive amounts of data and documents generated inside or outside a company into actionable Business Intelligence, without any changes needed to existing systems. Datawatch customers benefit from the right information, in the right context, at the right time. More than 35,000 organizations worldwide rely on Datawatch products including its market-leading Monarch report and data mining solutions. Founded in 1985, Datawatch is based in Chelmsford, Mass. with offices in London, Sydney and Manila.

DWCH News:

November 20 - Datawatch Corporation Announces Fourth Quarter and Fiscal 2008 Results

Datawatch Corporation (Nasdaq: DWCH), a leader in Enterprise Information Management (EIM), announced results for its fourth quarter and fiscal year ended September 30, 2008.

Revenues for the quarter ended September 30, 2008 were $5,315,000, compared to $6,851,000 for the quarter ended September 30, 2007. Net income for the fourth quarter of fiscal 2008 was $296,000, or $0.05 per diluted share, compared to net income of $829,000, or $0.14 per diluted share, for the fourth quarter of fiscal 2007. Revenues for the 12 months ended September 30, 2008 were $23,030,000, as compared to $25,259,000 in the comparable period of fiscal 2007. Net income for the fiscal year ended September 30, 2008 was $717,000, or $0.12 per diluted share, as compared to $1,669,000, or $0.29 per diluted share, for the fiscal year ended September 30, 2007.

As of September 30, 2008, the Company had $4.88 million in cash and cash equivalents, an increase of approximately $1.0 million, or 27 percent, compared to September 30, 2007.

Commenting on the fourth quarter and fiscal 2008 results, President and CEO Ken Bero said, “Fiscal year 2008 was challenging. Considering what has occurred in the worldwide economy over the past several months, combined with the fact that 2008 was a non-upgrade year for Monarch, we are pleased with the Q4 and full year results. The team did a great job staying focused. We proactively and aggressively managed the business and expenses over the year to protect the bottom line, while making selective investments in key new products to position us for entry into new markets and for future growth.

“During the fourth quarter, we introduced Monarch BI Server, a Business Intelligence (BI) solution specifically designed for the SMB and departmental markets, and geared up for the latest release of our world-leading desktop BI and report mining tool, Monarch V10, which began shipping on October 20, 2008. As we move into our new fiscal year, we are well positioned to offer cost-effective BI solutions that have substantial business impact across a broad array of customers and application areas. Most importantly, these solutions will allow organizations to reap the benefits of BI without the high costs of implementation, support, administration and end user training typical with other BI solutions.

“In addition to effectively managing our business, we also strengthened our financial position and increased our cash to $4.88 million at September 30, 2008 with no debt. We are well positioned as we move into fiscal year 2009,” concluded Bero.

As previously announced, Datawatch will host a live webcast to discuss its fourth quarter and fiscal year 2008 results at 2:00 p.m. (EST) on Nov. 20. The webcast can be accessed at www.investorcalendar.com/IC/CEPage.asp?ID=136969. Please register at least 15 minutes early to download any necessary audio software. An archive of the broadcast will be available for 30 days at the same location.

RADIO ONE INCORPORATED (NASD: ROIA or ROIAK)
"Up 30.00% on Thursday"

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

Radio One, Inc. operates as a radio broadcasting company, primarily targeting the African-American and urban listeners, in the United States. The company also engages in the acquisition and investment in other media properties. As of March 6, 2008, it owned and operated 54 radio stations located in 17 urban markets in the United States. In addition, the company also has approximately 36% ownership interest in TV One, LLC, which operates a cable television network featuring lifestyle, entertainment, and news-related programming targeted primarily towards African-American viewers. Further, Radio One, Inc. owns interests in Magazine One, Inc., doing business as Giant Magazine, which operates an urban-themed lifestyle and entertainment magazine business; and Reach Media, Inc. that operates the Tom Joyner Morning Show and related businesses. Additionally, the company has a joint venture, the Broadcaster Traffic Consortium, LLC, to build a nationwide network to distribute traffic data through radio technology. The company was founded in 1980 and is based in Lanham, Maryland.

ROIA News:

November 6 - Radio One, Inc. Reports Third Quarter Results

Radio One, Inc. (Nasdaq: ROIAK and ROIA) reported its results for the quarter ended September 30, 2008. Net revenue was approximately $86.2 million, a decrease of 2% from the same period in 2007. Station operating income1 was approximately $34.7 million, a decrease of 17% from the same period in 2007. The Company recorded a non-cash impairment charge against the Company’s FCC licenses of approximately $337.9 million which lead to a net operating loss of approximately $315.6 million. Net loss was approximately $266.1 million or a loss of $2.81 per basic share, a decrease from the reported net income of approximately $4.7 million or $.05 per basic share for the same period in 2007.

Alfred C. Liggins, III, Radio One’s CEO and President stated, “Clearly all advertising based companies, including radio are experiencing extremely challenging times given the slowdown in consumer spending, and I expect this to continue through all of 2009. Our focus remains on increasing our radio market share, cutting costs and diversifying into TV and online revenues. We continue to make progress on each of these goals, by outperforming our radio markets by 170 bps year to date, restructuring our radio workforce, and generating solid revenue growth in TV One and Interactive One.

National revenues continue to be a drag on our radio business (down 17% YTY), mitigated somewhat by increased political revenues (up 319% YTY). The automotive category continues to show sharp declines, down 37% YTY, which accounts for over 10% of our business. After adjusting for asset impairments and other one-time items, we reduced our operating expenses by 3% for the quarter compared to previous third quarter.

The integration of Community Connect Inc. has been achieved as planned, and we now have in excess of eight million monthly unique visitors to our online properties, viewing over 500 million pages each month. Our ability to provide advertising clients with access to 82% of all African Americans across a platform of radio, TV, online and print gives us a unique niche in the market, and puts us in a strong position for the long term.”

Net revenue decreased to approximately $86.2 million for the quarter ended September 30, 2008, from approximately $88.2 million for the same period in 2007, a decrease of 2%. In April 2008, we acquired Community Connect Inc. (“CCI”), an online social networking company, which resulted in the consolidation of approximately $4.1 million in net revenue from their operations during the quarter. However, declines in our radio revenues more than offset the additional revenue from CCI. Consistent with the overall declines in the markets in which we operate, we experienced a decrease in radio net revenue, with national revenue continuing to drive a significant portion of the decline. Our Atlanta market experienced a considerable net revenue decline, and we experienced more modest declines in our Raleigh-Durham, Washington, DC, Cleveland and Dallas markets. These declines were offset in part from net revenue growth in our Philadelphia market, as well as increased net revenue from new syndicated programs and internet revenue from station websites. Reach Media experienced a decline in revenue due to TV licensing revenue which ended in 2007, and less revenue from fewer and smaller sponsored events. Net revenue is reported net of agency and outside sales representative commissions of approximately $9.2 million and $10.0 million for the quarters ended September 30, 2008 and 2007, respectively. Excluding the approximately $4.1 million in net revenue generated by CCI, net revenue declined 6.9% for the quarter ended September 30, 2008, compared to the same period in 2007.

Operating expenses, excluding depreciation and amortization, stock-based compensation and impairment of long-lived assets increased to approximately $58.2 million from approximately $50.9 million for the quarters ended September 30, 2008 and 2007, respectively, an increase of 14%. Approximately $4.1 million of the increase resulted from consolidating the operating results of CCI. Contributing to the increase is an approximate $2.4 million retention bonus reduction recorded during the third quarter 2007 for the former Chief Financial Officer, given his early departure in December 2007. Other increases in operating expenses resulted from approximately $1.8 million in additional spending on our internet initiative, additional research associated with Arbitron’s new portable people meter methodology (“PPM”), higher on-air talent expenses, mainly for new syndicated shows, additional bad debts expense, driven in part by a client bankruptcy and $490,000 in severance and other one-time costs associated with a recent reduction of the Company’s radio division workforce. Through cost reduction efforts, we realized savings in the areas of marketing and promotions, events spending, legal and professional, travel and entertainment, and benefits resulting from the suspension of our 401(k) match program. In addition, we also spent less in revenue variable expenses such as commissions and national representative fees. Excluding the approximately $1.8 million additional spending on our internet initiative, CCI’s $4.1 million in operating expenses, the $490,000 in one-time restructuring expense, and adjusting for the 2007 $2.4 million retention bonus reduction, operating expenses declined 3% for the three months ended September 30, 2008, compared to the same period in 2007.

Stock-based compensation decreased to $415,000 from $913,000 for the quarters ended September 30, 2008 and 2007, respectively, a decline of 55%. Stock-based compensation consists of expenses associated with our January 1, 2006 adoption of Statement of Financial Accounting Standards (“SFAS”) No. 123(R), “Share-Based Payment,” and expenses associated with restricted stock grants. The decrease in stock-based compensation was due to a significant decline in the Company’s stock price, forfeitures and cancellations for former employees and the completion of the vesting period for certain stock options. The decrease was offset in part due to expense for additional stock options and restricted stock grants associated with new employment agreements for the Chief Executive Officer, the Founder and Chairperson and the Chief Financial Officer.

Depreciation and amortization expense increased to approximately $5.2 million compared to approximately $3.7 million for the quarters ended September 30, 2008 and 2007, respectively, an increase of 43%. The consolidation of CCI’s operating results accounted for approximately $1.4 million of the increase, including an amount of approximately $1.0 million in amortization expense associated with certain assets acquired as part of that acquisition, mainly registered membership lists, advertiser relationships and a favorable office lease. Additional depreciation and amortization for capital expenditures made subsequent to September 30, 2007 were offset in part by a decrease in amortization expense associated with certain affiliate agreements acquired as part of our February 2005 purchase of 51% of Reach Media.

Impairment of long-lived assets was approximately $337.9 million for the quarter ended September 30, 2008, compared to no charge for the same period in 2007. The amount relates to non-cash impairment charges recorded to reduce the carrying value of radio broadcasting licenses to their estimated fair values. The impairments occurred in 11 of our 16 markets, namely in Charlotte, Cincinnati, Cleveland, Columbus, Dallas, Houston, Indianapolis, Philadelphia, Raleigh-Durham, Richmond and St. Louis. The impairments are driven in large part by slower revenue growth at the industry and market levels, declining radio station transaction multiples and a higher cost of capital. The recent and gradual decline in values for long-lived assets such as licenses and other intangibles are neither unique nor specific to our individual markets. This trend has impacted the valuations of the industry as a whole, and has impacted other broadcast and traditional media companies.

Interest expense decreased to approximately $14.1 million for the quarter ended September 30, 2008, from approximately $18.4 million for the same period in 2007, a decline of 23%. The decrease in interest expense resulted primarily from interest savings associated with lower net borrowings due to debt paydowns and bond redemptions and lower interest rates which impacted the variable portion of our debt. Interest expense savings was also driven by the absence of fees incurred with the operation of WPRS-FM (formerly WXGG-FM) pursuant to a local marketing agreement (“LMA”) that began in April of 2007. LMA fees are classified as interest expense, and we closed on the purchase of WPRS-FM in June 2008 for approximately $38.0 million in cash.

Gain on retirement of debt was approximately $5.7 million for the quarter ended September 30, 2008, compared to no activity for the same period in 2007. The gain on retirement of debt was due to the redemption of $43.1 million of the Company’s previously outstanding $292.0 million 87/8 senior subordinated notes due July 2011. An amount of $248.9 million remained outstanding as of September 30, 2008.

Equity in losses of affiliated company decreased to approximately $1.1 million for the quarter ended September 30, 2008, from approximately $2.9 million for the same period in 2007, a decline of 62%. The amounts are attributable to our share of losses generated by TV One, LLC (“TV One”) for the quarters ended September 30, 2008 and 2007, respectively. The Company’s share of TV One’s income or losses is driven by TV One’s current capital structure and the Company’s ownership levels in the equity securities of TV One that are currently absorbing its net income or losses. An adjustment was made to equity in loss of affiliated company for the quarter ended September 30, 2007 to correct for a change in TV One’s capital structure. Pursuant to Staff Accounting Bulletin (“SAB”) 99, “Materiality” and SAB 108, “Considering the Effects of Prior Year Misstatements when Quantifying Misstatements in Current Year Financial Statements,” we increased the previously reported equity in loss of affiliated company for the three month period ended September 30, 2007 by $110,000 and increased the previously reported equity in loss of affiliated company for the nine month period ended September 30, 2007 by approximately $2.7 million.

Benefit from income taxes was approximately $59.7 million for the quarter ended September 30, 2008, compared to a provision for income taxes of approximately $5.5 million for the quarter ended September 30, 2007. In prior years, we recorded a deferred tax liability (“DTL”) related to the amortization of indefinite-lived assets that are deducted for tax purposes, but not deducted for book purposes. Also in prior years, the Company generated deferred tax assets (“DTAs”), mainly federal and state net operating loss (“NOLs”) carryforwards. In the fourth quarter of 2007, except for DTAs in its historically profitable filing jurisdictions, and DTAs associated with definite-lived assets, the Company recorded a full valuation allowance for all other DTAs, including NOLs, as it was determined that more likely than not, the DTAs would not be realized. As such, the benefit from income taxes for the current quarter was offset partially by recording a full valuation allowance against the additional NOLs generated from the tax deductible amortization of indefinite-lived assets, as well as a full valuation recorded against DTAs created by the intangible asset impairment charges recorded in the current quarter. The current quarter tax benefit and offsetting valuation allowances resulted in an effective tax rate for the three months ended September 30, 2008 of 18.4%, and an estimated annual effective tax rate 12.5%.

Income from discontinued operations, net of tax, was $639,000 for the quarter ended September 30, 2008, compared to a loss of $194,000 for the same period in 2007. Included in the income or loss from discontinued operations, net of tax, are the results of operations for our sold stations, which included our Los Angeles, Miami, Augusta, Louisville, Dayton, Minneapolis and Boston WILD-FM stations. The income or loss from discontinued operations, net of tax, includes a tax benefit of $716,000 for the three months ended September 30, 2008, compared to a tax provision of approximately $2.7 million for the same period in 2007.

Other pertinent financial information includes capital expenditures of approximately $2.8 million and $1.4 million for the quarters ended September 30, 2008 and 2007, respectively. Additionally, as of September 30, 2008, Radio One had total debt (net of cash balances) of approximately $734.8 million.

In September 2008, the Company’s 51% owned subsidiary, Reach Media, through its board of directors, declared a common stock dividend of $5.0 million. The dividend was paid in October 2008. Fifty-one percent of the dividend, or approximately $2.5 million was paid to the Company and 49%, also approximately $2.5 million was paid to the Reach Media minority shareholders.

Throughout the quarter ended September 30, 2008, the Company redeemed $43.1 million of its previously outstanding $292.0 million 87/8 senior subordinated notes due July 2011. The redemption resulted in an approximately $5.7 million gain on the sale of retirement of debt, and an amount of $248.9 million remained outstanding as of September 30, 2008.

In March 2008, the Company’s board of directors authorized a repurchase of shares of the Company’s Class A and Class D common stock through December 31, 2009 of up to $150.0 million, the maximum amount allowable under the Credit Agreement. The amount and timing of such repurchases will be based on pricing, general economic and market conditions, and the restrictions contained in the agreements governing the Company’s credit facilities and subordinated debt and certain other factors. While $150.0 million is the maximum amount allowable under the Credit Agreement, in 2005 under a prior board authorization, the Company utilized approximately $78.0 million to repurchase common stock leaving capacity of $72.0 million under the Credit Agreement. During the period ended September 30, 2008, the Company repurchased 421,661 shares of Class A common stock at an average price of $1.32 and 8.8 million shares of Class D common stock at an average price of $0.99. For the nine months ended September 30, 2008, the total amount spent in shares repurchased was approximately $9.2 million. As of September 30, 2008, the Company had $62.8 million in capacity available under the share repurchase program taking into account the limitations of the Credit Agreement and prior repurchase activity.

ADINO ENERGY CORPORATION (OTCBB: ADNY)
"Up 28.89% on Thursday"

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

Adino Energy Corporation (ADNY) is a wholesale fuel distributor and fuel terminal operator based in Houston, Texas. Adino Energy not only offers storage, delivery, and blending of diesel fuel, but also offers biodiesel to the growing "green" fuels market. Biodiesel is a clean burning, nontoxic, sulfur-free, and biodegradable alternative fuel for compression-ignition (diesel) engines made from animal fat or vegetable oil.

ADNY News:

November 18 - Adino Energy Comments on Its Third Quarter Results

Adino Energy Corporation (OTCBB: ADNY) commented on its unaudited results for the third quarter of its fiscal year 2008, filed Friday afternoon with the United States Securities and Exchange Commission.

Revenue generated in the three months ended September 30, 2008 was $494,059 compared to $628,782 for the three months ended September 30, 2007. Revenues increased from $1,418,679 in the first nine months of last year to $1,504,499 this year, a 6% increase. This increase is due to the signing of a new customer in the late first quarter of 2008.

The Company has streamlined its additive purchasing, decreasing its cost of sales from $487,085 or 34% of revenue for the nine months ended September 30, 2007, to $297,844 or 20% of revenue for the nine months ended September 30, 2008. The Company's gross margin increased from $931,594 for the nine months ended September 30, 2007 to $1,206,655 this year, a 30% increase.

Net income increased to $194,010 for the nine months ended September 30, 2008, compared to a net loss of ($1,696,160) for the same period in 2007.

"With the successful execution of a new lease with exclusive purchase rights for Intercontinental Fuels' North Houston terminal, the Company will continue to focus on its main business strategy of expanding its core fuel business and growing corporately through complementary acquisitions," commented Timothy G. Byrd, Sr., Adino Energy Corporation's chief executive officer. "We believe even with the recent worldwide contraction of credit, we have strong avenues with which to pursue our corporate development plans."

MINDSPEED TECHNOLOGIES INCORPORATED (NASDAQ: MSPD)
"Up 26.79% on Thursday"

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

Mindspeed Technologies, Inc. designs, develops and sells semiconductor networking solutions for communications applications in enterprise, access, metropolitan and wide area networks. The company's three key product families include high-performance analog transmission and switching solutions, multiservice access products designed to support voice and data services across wireline and wireless networks, and WAN communications solutions including T/E carrier physical-layer and link-layer devices, as well as ATM/MPLS network processors. Mindspeed's products are used in a wide variety of network infrastructure equipment including voice and media gateways, high-speed routers, switches, access multiplexers, cross-connect systems, add-drop multiplexers and digital loop carrier equipment.

MSPD News:

November 17 - Mindspeed® Offers a Complete Line of Signal Conditioning Products

Cable and Backplane Products Expand Family of High-Speed, Low-Power Signal Integrity Products

Mindspeed Technologies, Inc. (Nasdaq: MSPD), a leading supplier of semiconductor solutions for network infrastructure applications, announced the addition of eight low-power cable and backplane equalizers, adding to its family of signal conditioners. Mindspeed's new two, four, eight and 12-channel signal conditioners operate at speeds up to 8.5 Gbps and are designed to enable the transmission of multi-gigabit serial data through the most challenging environments.

Mindspeed's multi-gigabit signal integrity products are designed to transparently pass out of band (OOB) and electrical bus idle (EBI) signals that are utilized in protocols such as SATA/SAS and PCI Express. The new signal conditioners include the M21450, a dual-channel backplane driver with adaptive equalization that automatically equalizes data at rates up to 6.5 Gbps. New four-channel, 4.25 Gbps products include the M21330 for cable applications and the M21351 for backplanes. The 4.25 Gbps M21352 and 8.5 Gbps M21482 eight-channel devices are complemented by the 4.25 Gbps M21353, M21443 and 8.5 Gbps M21483 12-channel backplane equalizers. The eight- and 12-channel devices provide a low-power (115mW per channel), economical solution for high-quality, backplane transmission over channels with over 20dB of loss at Nyquist at rates up to 8.5 Gbps.

"With one of the industry's broadest line of signal conditioning products, our customers can qualify our signal conditioning technology once and then select from a wide variety of devices as application needs arise," said Matthew Bolig, product line manager for Mindspeed's High-Performance Analog Division. "We are very excited that our extensive breadth of products also offers one of the industry's lowest power, smallest package sizes and most robust EBI/OOB performance."

All devices in the family support a wide range of protocols, including PCI Express, SAS, SATA, Infiniband, Fibre Channel and XAUI. All products also feature fully non-blocking switch matrices that can be used for redundancy, fail-over switching or to implement loopbacks and board-routing decongestion. The switching matrices are configurable via a two-wire software interface or programmable read-only memory (PROM) programming mode. Superior transmission quality is ensured through high boost equalizers and output drivers that offer programmable voltage swings, as well as de-emphasis in compliance with PCI Express specifications.

Pricing and Availability

Production shipments for all devices will commence in December 2008. Mindspeed's signal conditioners are manufactured using low-cost complementary metal-oxide semiconductor (CMOS) technology for superior overall performance. Volume pricing ranges from $7.95 for the M21450 two-channel 6 Gbps device to $39.00 for the M21483, the 12-channel, 8.5 Gbps product.