OTCPicks.com Stocks to Watch for Wednesday, September 22nd

OTCPicks Publisher Newsletter

OTCPicks.com Stocks to Watch for Wednesday, September 22nd ICBU, BDGR, BIOF, PCPZ, HYSR, GGMC Our Stocks to Watch tomorrow include International Coastal Biofuels Inc.

(OTC: ICBU), Black Dragon Resource Companies Inc. (OTC: BDGR), Biofuel Energy Corp. (Nasdaq: BIOF), Leeward Group Holdings Inc. (OTCBB: PCPZ), HyperSolar Inc. (OTCBB: HYSR) and Global Gateway Media & Communications Inc. (OTC: GGMC).

INTERNATIONAL COASTAL BIOFUELS INCORPORATED (OTC: ICBU) “Up 214.29% on Tuesday” Detailed Quote:

http://otcpicknews.com/emailmarketer/link.phpM940&N83&L86&F=T International Coastal Biofuels is a shell company with no business and no material assets. It is the belief of management that there are 350,000 shares of its stock that are validly free trading. The Company has not authorized any email campaigns, press releases other than this one and has no idea how millions of its shares could possibly trade in the open market.

ICBU News:

March 16 – International Coastal Biofuels Announces New Chief Executive Officer; Potential Illegal Stock Issuance Jimmy Cooper, the former CEO of International Coastal Biofuels (OTC: ICBU) has resigned his positions as CEO and Director. John T. Moran, the former CEO of International Coastal Biofuels, has been elected CEO and Sole Director. Mr. Moran has an irrevocable proxy on all of Mr. Cooper`s stock.

The management of International Coastal Biofuels has discovered that possibly more than 70,000,000 shares of ICBU stock was issued without restricted legend pursuant to a 504 exemption. This was done in spite of the fact that the stock was trading at approximately $.45 when the issuance occurred thus making the value of the issuance in excess of $30,000,000.

The 504 exemption becomes invalid if the dollar amount issued exceeds $1,000,000. Based on this information it is the current opinion of management and its counsel that the shares should have not been issued without a restrictive legend and are in fact Unlegended, Unregistered shares that are not eligible to trade on the Pink Sheets Market. The Company and its counsel are conducting an investigation into this issuance and have notified the Securities Exchange Commission, Pink Sheets and its Transfer Agent about its current findings. The Company is exploring all of its options including the likelihood of filing a petition for bankruptcy protection.

BLACK DRAGON RESOURCE COMPANIES (OTC: BDGR) “Up 100.00% on Tuesday” Detailed Quote:

http://otcpicknews.com/emailmarketer/link.phpM940&N83&L&F=T Black Dragon is an oil and gas exploration and production company currently focused on the acquisition of mature, producing and existing domestic oil and gas fields. This focus has eliminated exploration risk, reduced costs of completion, and provided rapid generation of income in a niche market where larger independent and major oil companies are not positioned to compete. Black Dragon intends to recomplete additional shallow producing wells and to expand its focus to include drilling of new wells, some to deeper levels, and to purchase additional leases.

BDGR News:

September 14 – Black Dragon in Negotiations to Acquire Deep Well Properties Black Dragon Resource Companies, Inc. (“the Company,” “Dragon”) (OTC:

BDGR) announced that the company is in negotiations to acquire 4-5 deep right leases (3,000-12,000 ft.) All leases have no depth restrictions plus the potential to add 2-3 sections (640 acres per section) for additional drilling.

Dragon would have enough of its own acreage to drill 8 Cotton Valley wells and possible Haynesville Shale zones as well. The purchase will happen in stages allowing for the turning on of the first purchase, then the second, then the third, etc. Dragon hopes to close on the first of these leases this week.

October production is estimated to see a 3,000-4,000 barrel monthly increase in production. Upon completion of the purchase, Dragon hopes to increase production to 10,000 barrels for the month of December, dramatically increasing oil production numbers.

BIOFUEL ENERGY CORPORATION (NASDAQ: BIOF) “Up 47.76% on Tuesday” Detailed Quote:

http://otcpicknews.com/emailmarketer/link.phpM940&N83&L87&F=T BioFuel Energy Corp. engages in the production of ethanol in the United States. It has two ethanol plants that produce 115 million gallons per year, which are located in Wood River, Nebraska and Fairmont, Minnesota.

The company was founded in 2006 and is headquartered in Denver, Colorado.

BIOF News:

August 13 – BioFuel Reports Second Quarter Results Biofuel Energy Corp. (Nasdaq: BIOF), an ethanol production company, announced its second quarter 2010 results. For the quarter ended June 30, 2010, revenues totaled $96.4 million, resulting in a net loss of $12.0 million, compared to revenues of $106.5 million and a net loss of $9.0 million for the same period in 2009. Net loss attributable to common shareholders was $9.4 million, or $.37 per share, for the quarter ended June 30, 2010, compared to a net loss attributable to common shareholders of $6.5 million, or $.28 per share, for the same period in 2009.

Operating loss for the second quarter of 2010 was $9.4 million, which resulted from $102.6 million in cost of goods sold, including $70.3 million for corn, and $3.2 million in general and administrative expenses. The Company also had $2.6 million of interest expense in the second quarter of 2010. For the same period of 2009, our operating loss was $5.1 million, which resulted from $107.3 million in cost of goods sold, including $79.5 million for corn, and $4.3 million in general and administrative expenses.

During the second quarter of 2009, the Company had $3.9 million in interest expense. Depreciation expense for the second quarter of 2010 was $6.7 million, compared to $6.6 million for the same period in 2009.

Scott H. Pearce, the Company`s President and Chief Executive Officer, stated: “We are disappointed that margins continued to retreat faster than our cost saving initiatives, resulting in the loss for the quarter.

However, we were able to accomplish our major plant improvement projects during the quarter, on schedule and within budget. We expect these initiatives will lead to further reductions in our production costs, which showed steady improvement throughout the quarter. We are also carefully monitoring developments with the EPA to expand the ethanol market via E-12 or E-15, which we see as supportive of margin improvements.” At June 30, 2010, amounts outstanding under the senior debt facilities included $195.7 million in term loans, and $16.4 million borrowed under the working capital facility which will mature in September 2010, unless extended. At June 30, 2010, the Company held $12.3 million of cash and equivalents and equity totaled $56.5 million, including $.6 million of noncontrolling interest.

LEEWARD GROUP HOLDINGS INCORPORATED (OTCBB: PCPZ) “Up 59.60% on Tuesday” Detailed Quote:

http://otcpicknews.com/emailmarketer/link.phpM940&N83&L83&F=T Leeward Group Holdings Inc. through its wholly owned subsidiaries operates a full-service insurance agency and consulting firm serving businesses and individuals throughout the Northeastern United States. The Company is based in Pennington, New Jersey and it has five retail locations. Three of the locations are in New England while the other two are in the Mid-Atlantic.

With licenses in all 50 States, the Company offers Property & Casualty, Life & Health and specialty insurance programs for business, individuals, associations and groups throughout the United States.

PCPZ News:

September 21 – Leeward Group Initiates Push Into Life & Health Insurance Leeward Group Holdings Inc. (OTCBB: PCPZ) announced that it is initiating its marketing push into Life and Health insurance. Leeward Group has an agency foundation for property and casualty insurance that will serve as the launching pad for this initiative. Last year in the United States, Life & Health insurance premiums accounted for an estimated $600 Billion. Health insurance is one of the largest employer expenses after payroll.

Kevin Coughlin, CEO of Leeward, stated that, “We are aiming to grow this segment of our business. With the new pending health insurance regulations, companies and individuals will need solutions. We have a number of initiatives that we will be executing that we hope will increase our presence in this segment of the market.” HYPERSOLAR INCORPORATED (OTCBB: HYSR) “Up 80.00% on Tuesday” Detailed Quote:

http://otcpicknews.com/emailmarketer/link.phpM940&N83&L84&F=T HyperSolar is developing a breakthrough technology to magnify the power of the Sun to significantly increase the power output of solar cells. Based on innovative microphotonics and low cost manufacturing processes, HyperSolar is developing a thin, flat, optical layer that can inexpensively collect and deliver substantially more sunlight onto solar cells. This new approach allows solar cells to produce multiple times more power. With HyperSolar as the top layer, manufacturers can use significantly fewer solar cells in the production of solar panels, thereby dramatically reducing the cost per watt of electricity. HyperSolar technology can also be used to decouple light collection from light conversion to further reduce the cost per watt of solar panels, building integrated systems and utility scale power plants.

HYSR News:

September 14 – HyperSolar Completes Patent Filing Cutting Edge Optical Design Reduces the Cost of Solar Electricity HyperSolar, Inc. (OTCBB: HYSR), the developer of a breakthrough technology that magnifies the power of the sun to significantly increase the power output of solar cells, announced today the recent submission of their full patent application entitled, Thin and Flat Solar Collector-Concentrator and Method of Fabrication to the United States Patent and Trademark Office.

By marrying the principles of solar concentration and cutting edge photonics techniques, HyperSolar is developing the worlds first thin and flat solar concentrator for direct placement on top of existing solar cells. Based on innovative microphotonics and low cost manufacturing processes, HyperSolars thin and flat optical layer can inexpensively collect and deliver substantially more sunlight onto solar cells. This allows solar cells to produce multiple times more power.

We are excited to have completed and filed our full patent application following up on our provisional application filed in 2009,” says Tim Young, CEO, HyperSolar, Inc. “With our breakthrough design, we not only hope to make solar electricity affordable for the world, but also reduce the amount of toxic electronic waste by using less solar cells per panel.” The patent application entitled, Thin and Flat Solar Collector-Concentrator and Method of Fabrication discloses more details regarding the Companys novel invention. The invention is a photonics-based planar solar concentrator designed to collect sunlight from a large area on top, concentrating that solar energy, and directing it to a smaller area at the bottom where a solar cell can be attached. The concentrator will collect light from a relatively wide angle of incidence, thereby eliminating the necessity for active tracking equipment that other solar concentrating devices require.

The HyperSolar layer is designed to be placed on top of flat panel designs to deliver multiple times the normal sunlight intensity to standard solar cells, thereby decreasing the number of cells required in a typical solar module and achieving a significantly lower cost per watt. The Company believes this is a revolutionary way to make solar panels. By providing solar manufacturers with a breakthrough technology to reduce the cost per watt of solar electricity, HyperSolar will help solar become a primary source of clean, renewable energy to power the future needs of the world.

GLOBAL GATEWAY MEDIA (OTC: GGMC) “Up 84.62% on Tuesday” Detailed Quote:

http://otcpicknews.com/emailmarketer/link.phpM940&N83&L09&F=T Global Gateway Media & Communications, Inc. is a publicly traded company with ticker symbol GGMC trading on OTC market. Through its subsidiaries and holdings, it has two core businesses: Media Broadcasting and Home Shopping Network. The company owns and broadcasts various programs from its own TV studio in Los Angeles, CA. The company`s Satellite TV broadcasts, “Talk Money TV,” “Weekly Update Report” and “TM Shopping Network,” reach nearly 10 million potential viewing households in the US, Canada, and Mexico, as well as Central America. Through its strategic alliances, the Company`s IPTV program has a global reach.

GGMC News:

September 21 – Global Gateway Enters Into Licensing Agreement With Leading Provider of High-Definition Programming Company expects additional advertising revenue from this agreement Global Gateway Media & Communications, Inc. (OTC: GGMC) announced a content licensing agreement with Dynamic Media Network (“DMN”), a leading provider of original high definition digital programming.

“This blend of our cutting-edge IPTV and satellite content delivery and DMN`s content-rich programming creates a winning proposition for global audiences striving to view fresh new programming targeted for their demographic, and for advertisers seeking to target specific audiences,” said Dr. Alex Parsinia, Chief Executive Officer of Global Gateway. “Some of this new programming is already being broadcasted across our global network, and we expect this agreement to have a material impact on our advertising revenue and profit over the next few quarters.” DMN produces 13 HD digital channels including: life/style/wellness; fashion; extreme sports; comedy; dance; humanities; international; models/club scene; movie trailers; music; TV shows; video games and comic world.

“Our alliance is unique in the industry and it opens up the door to the reliable global delivery and transmission of our original HD digital content,” said Skip Fredricks, Co-Founder and Chief Content Producer of Dynamic Media Network. “We will be able to reach diverse ethnic and cultural communities wherever they may be located.” OTCPicks.com is located at 3533 Twin Lakes Drive, Prosper, TX 75078, Telephone: (972) 546-3740, Email: Publisher@OTCPicks.com.This email address is being protected from spam bots, you need Javascript enabled to view it.

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