OTCPicks.com Daily Market Movers Digest Midday Report for Thursday, July 21st
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OTCPicks.com Daily Market Movers Digest Midday Report for Thursday, July 21st ONTC, YIPI, CDMA, SNDY, SINO, VKML, PRKR Our Stocks to Watch today include Onteco Corp. (OTCQB: ONTC), Yippy Inc.
(OTC: YIPI), Codima Inc. (CDMA), Solos Endoscopy Inc. (OTC: SNDY), Sino-Global Shipping America Ltd. (Nasdaq: SINO), The Viking Minerals Inc..
(OTCBB: VKML) and ParkerVision Inc. (Nasdaq: PRKR).Visit http://otcpicknews.com/emailmarketer/link.phpM940&N26&L1&F=T to register for our Daily Market Mover’s Digest Newsletter and Email Stock Watch Alerts.ONTECO CORPORATION (OTC: ONTC) “Up 4.17% in morning trading” Detailed Quote:
http://otcpicknews.com/emailmarketer/link.phpM940&N26&L27&F=T Company Profile:
http://otcpicknews.com/emailmarketer/link.phpM940&N26&L98&F=T Onteco Corporation was founded to develop innovative, practical and cost-effective solutions to some of the most significant environmental challenges facing us today. Additionally, these solutions must show promise of generating significant, ongoing profits for the company. The company determined that one industry that meets these criteria is the Energy Saving Lighting Industry, and as a result acquired NexPhase Lighting, Inc., in February 2011.ONTC News:July 21 – Onteco Corporation, ONTC, Subsidiary, NexPhase Lighting, Inc., is Undergoing a Site Search Review in Order to Find a New Headquarters and Manufacturing and Distribution Facility That Will Meet Our Future Business Expansion PlansOnteco Corporation (OTCQB: ONTC) (the “Company”, or “Onteco”) announced today that its subsidiary, NexPhase Lighting, Inc. (“NexPhase”), a designer, developer and manufacturer of high efficiency, high quality LED intelligent lighting fixtures, is undergoing a site search review in order to find a new headquarters and main manufacturing and distribution facility that will meet our future business expansion plans.Ty Ramsey, COO of NexPhase, stated, “I have been directed by the Board of Directors of NexPhase to conduct a site search review for our future headquarters and main manufacturing and distribution facility. With our continued project and product release flow we are moving up the timetable for this facilities expansion. Our business model is creating many business opportunities and we need to be proactive so that we can continue to scale up our operations to meet these opportunities. I expect this site review will take no more than forty-five days and our hope is that we could be moving some of our operations by the beginning of 2012. We are not ruling out taking additional space in a satellite facility if we are unable to find an existing facility that meets our needs. A build to suit options is not preferred but may be considered. The most important factor will be finding a permanent home that can meet our growing business needs and plans.ABOUT NEXPHASE LIGHTING, INC.NexPhase Lighting, Inc. is a designer and developer of proprietary high quality LED (light-emitting diode) lighting fixtures and control systems for commercial applications. It believes its products will be the lowest cost, highest efficacy fixtures available in the LED Lighting Industry. All NexPhase lighting products incorporate its proprietary “NexSense Technology™,” which provides benefits well beyond the generally acknowledged advantages of all other LED lighting fixtures. NexSense control systems use a unique, “patent pending” wireless protocol, which provides for an unsurpassed reduction in architecture and infrastructure installation cost in commercial applications, as well as significantly reduced maintenance and ongoing operation costs.YIPPY INCORPORATED (OTCBB: YIPI) “Up 16.67% in morning trading” Detailed Quote: www.otcpicks.com/quotes/YIPI.php Based in Fort Myers Florida, Yippy, Inc. (formerly known as Cinnabar Ventures, Inc.) is a new economy technology company that develops technologies and application services environments for both Consumer and Commercial market segments in the cloud computing sector.YIPI News:July 21 – Yippy (YIPI) Title Event Sponsor for ad:tech NYC 2011Yippy, Inc. (OTC: YIPI) (www.yippy.com) (“Yippy” or the “Company”), providers of the world`s fastest, family friendly educational search engine and web portal, reports that it is the Title Event Sponsor for ad:tech New York, at the Javis Center Nov. 8-10th, 2011. The company will also be exhibiting in island booth #1918 on the convention floor next to Microsoft Corporation.”We are very pleased to have locked down the title sponsorship for ad:tech NYC 2011, it`s the world`s largest meeting place for brands, agencies, leading digital marketers, publishers and service companies with 10,000 digital marketers, influential speakers, and domestic and international press in attendance. We are bringing products that will have reach not only in the education markets but homes, churches, synagogues and of course libraries. Our approach is simple, by providing the cleanest possible internet environments we can offer wholesome brands and agencies who represent the same; access to educational internet programs used by tens of thousands of schools and millions of students not previously available to the advertising marketplace,” stated Marc Bigelow, Chief Executive Officer, Yippy, Inc.Bigelow continues, “Yippy is the leading emerging brand for search and education. Historically educational users represent the majority of our total traffic. The upcoming 2012 school year will see many changes due to drastic budget cuts. Yippy can help bridge the gap between subscription base models and those monetized by advertising through strict guidelines set in place by our education partners.”ABOUT AD:TECHad:tech expositions, LLC is the leading organizer of conferences and exhibitions for the interactive marketing community worldwide. ad:tech produces the best and largest interactive marketing events held in New York, San Francisco, London, New Delhi, Shanghai, Singapore, Beijing, Sydney and Tokyo. ad:tech is produced by dmg :: events; based in San Francisco, California. CODIMA INCORPORATED (OTC: CDMA) “Up 25.00% in morning trading” Detailed Quote:
http://otcpicknews.com/emailmarketer/link.phpM940&N26&L88&F=T Codima Inc. (CDMA), headquartered in PA with global reach supported by eleven offices across North America, EMEA, Latin America, Asia and Australia, provides best practice software tools to help organizations manage their IT networks. Fully automated and fully integrated, Codima Toolbox delivers tools for network inventory, mapping and monitoring using Microsoft® Office Visio® as well as pre- and post-deployment VoIP management. Codima Green, the environmental division, specializes in recycling end-of-life electronics. Codima is a Microsoft Certified Partner, an Avaya DevConnect Gold Partner and a Cisco IBLM Partner.CDMA News:July 21 – Codima Inc. Announces the Addition of a New Facility in New YorkCodima Inc. (OTC: CDMA) announced that it has added more capability in the recycling and refining of electronic scrap. The addition of www.TheRefiningCompany.com and its newly opened NY facility now gives Codima a better platform to service the needs of clients across the country. The NY facility allows Codima to offer precious metal refining services to existing and new clients that goes beyond Electronics. The Company is pleased to offer the refining of scrap jewellery, various plated materials, scrap silverware, and many other precious metal bearing items.
Codima plans to continue using the refining website and will soon integrate its Codima Green brand and its new 1-855-4ESCRAP toll free number on the firm`s multiple web brands.Codima CEO Christer Mattsson added, “This new location enables us to better serve the Long Island and New York City markets, which is such a large source of electronic scrap and precious metals. We refer to our activities there as urban mining.”SOLOS ENDOSCOPY INCORPORATED (OTC: SNDY) “Up 29.23% in morning trading” Detailed Quote:
http://otcpicknews.com/emailmarketer/link.phpM940&N26&L4&F=T Solos Endoscopy, Inc. is a HealthCare instrument company whose mission is to develop and market high quality and innovative instruments for the screening, diagnosis, treatment and management of medical conditions. SNDY News:July 20 – Solos Endoscopy`s MammoView® System Proves Crucial to Early Breast Cancer DetectionSolos Endoscopy, Inc.`s (OTC: SNDY) MammoView® instrument line, designed exclusively for breast endoscopy, has become crucial to early breast cancer screening as a method to significantly reduce breast cancer death rates.
The Solos MammoView® Breast Endoscopy System is designed to distinguish and inspect suspicious pre-cancerous lesions undetectable by other methods as well as complement existing diagnosis and treatment options with direct endoscopic observation.The Solos MammoView® system is currently in use at various teaching hospitals across the United States. Patients should be aware that mammary ductoscopy, utilizing the MammoView® system, is a means to detect, diagnose, and treat breast cancer years before surgery, physical exams or other external imaging that can reveal evidence of the disease.According to a recent report in the journal Radiology, “The Swedish Two-County Trial” was the first study to demonstrate a drop in breast cancer mortality from solely screening with mammography. Researchers found that there were 30% fewer deaths caused by breast cancer in an invitation group (received an invitation to screening), compared to the usual care group (received usual care). For breast cancer detection, other than clinical and self-examination, women rely almost exclusively on mammography, which can have limitations. Mammography fails to detect up to 20% of cancer in women over 50 and up to 40% of cancer in younger women.
When cancer is detected, the technology is so insensitive that typically, the smallest tumor size detected is approximately 1cm. At that size, a tumor has probably been growing, undetected, for nearly 8 years. The findings, coupled with the limitations, are significant in that mammary ductoscopy, as capable with the Solos MammoView® system, is designed to provide physicians the means to detect, diagnose, and treat breast cancer years before surgery, physical exams or other external imaging can reveal evidence of the disease.”Breast cancer doesn`t discriminate; in 2007, 202,964 women in the United States were diagnosed with breast cancer and 40,598 women in the United States died from breast cancer, it can affect anyone,” stated Bob Segersten, President of Solos Endoscopy, Inc. “Early detection is crucial to successful treatment and that screening really does save lives.”SINO-GLOBAL SHIPPING AMERICA LIMITED (NASDAQ: SINO) “Up 77.20% in morning trading” Detailed Quote:
http://otcpicknews.com/emailmarketer/link.phpM940&N26&L33&F=T Registered in the United States in 2001 and operating primarily in mainland China, Sino-Global is a leading, non-state-owned provider of high-quality shipping agency services. With local branches in most of China`s main ports and contractual arrangements in all those where it does not have branch offices, Sino-Global is able to offer efficient, high-quality shipping agency services to shipping companies entering Chinese ports. With a subsidiary in Perth, Australia, where it has a contractual relationship with a local shipping agency, Sino-Global provides complete shipping agent services to companies involved in trades between Chinese and Australian ports. Sino-Global also operates a subsidiary in Hong Kong, China, to provide comprehensive shipping agent services to vessels going to and from one of the world`s busiest ports.SINO News:July 20 – Sino-Global Announces Strategic Cooperation Agreement With COSCO Container Shipping AgencySino-Global Shipping America, Ltd. (Nasdaq: SINO), a leading, non-state-owned provider of shipping agency services operating primarily in China, today announced that its affiliate, Sino-China, has reached a Strategic Cooperation Agreement (the “Agreement”) with COSCO Container Shipping Agency.Founded in 1998, COSCO Container Shipping Agency is a fully owned subsidiary of COSCO Container Lines Co., Ltd. (COSCON) and has more than 50 offices in coastal cities throughout China including Guangzhou, Dalian, Shanghai, Qingdao, Tianjin, Shenzhen, Xiamen and Ningbo.”By signing the Agreement, we intend to expand our local agency services through the highly-regarded network of COSCO Container Shipping Agency,” said Mr. Cao Lei, Sino-Global`s Chief Executive Officer. “This relationship with COSCO Container Shipping Agency will not only fulfill our IPO commitment on expanding our footprint throughout China, but also enhance our marketing effort in generating incremental revenues for both companies.”Mr. Liu Gang, Managing Director of COSCO Container Shipping Agency, commented, “The Agreement will integrate resources from both parties and develop our shipping agency business in a cost effective way. We are proud to be associated with Sino-Global and look forward to a long and mutually profitable business relationship.”VIKING MINERALS INCORPORATED (OTCBB: VKML) “Up 33.33% in morning trading” Detailed Quote:
http://otcpicknews.com/emailmarketer/link.phpM940&N26&L04&F=T Viking Minerals is engaged in the acquisition and development of near-term producing copper, gold and silver properties in the United States and Canada. Viking is focusing on developing its Dolly Varden properties in northeastern Nevada, adjacent to the Victoria Copper mine. The Large resource of copper in this area has been well documented and hosts two large operating mines — Battle Mountain and Robinson. With solid management, an experienced technical team, and a large copper-rich land position in mining-friendly Nevada, Viking Minerals is well positioned to be North America`s next great mining company.VKML News:July 15 – Viking Minerals Ramps Up Exploration on Dolly Varden on Excellent Phase 1 ResultsThe Viking Minerals Inc. (OTCBB: VKML) Management and Technical team have completed a comprehensive review of data collected from its Dolly Varden Gold and Copper property in Elko County Nevada. Early results warrant aggressive exploration and investment.Company President Charles Irizarry commented “The general market for Gold and Copper keeps getting better and better, it only makes sense to ramp up both exploration on the Dolly Varden as well as further acquisitions in Elko County area with an emphasis on near term production of both Gold and Copper”. “Sample results have shown Copper values as high as 9.34% on our Dolly Varden property, as a comparison the neighbouring Robinson Mine averages about .5% copper.The company looks forward to reporting Dolly Varden drill results over the next 4 weeks”.The Dolly Varden area is recognized as a classic eastern Great Basin district with base and precious metals associated with upper Paleozoic sediments intruded by Cretaceous auriferous magmas, which is a similar geological setting to the Battle Mountain Fortitude skarn gold type deposit in east central Nevada.A review of the 59 grab rock samples taken outlined several anomalous molybdenum analyses (100 ppm range with one associated with the high grade silver sample of 1305 ppm Mo) and anomalous values in uranium (3 samples had 190, 160 and 130 ppm U) all associated with the high grade copper and zinc grab samples (up to 9.34% copper and up to 20.2% zinc). The association of minerals requires further investigation but suggests that the source of the mineralization is quite metaliferrous.Specifically the grab samples with 1145 ppm silver (33.57 ounces per tonne) and 347ppm silver (10.18 ounces per tonne), and 2.67% copper; 20.6% lead; 1.49% zinc and 0.154 ppm gold and 9.34% copper; 1.95% lead; 2.21% zinc and 0.116 ppm gold, respectively. These results are located on the northern end of the IP zone, which will be targeted.Several mineralized outcrops of copper rich mineralization have also been found where the IP zone comes to surface, towards the south end of the IP anomaly. Three grab samples were reported from that area – 2.02 %, copper and 3.9 ppm silver; 0.81% copper 190 ppm Molybdenum and 16.7 ppm silver & 3.65% copper 190 ppm uranium and 1.1 ppm silver.A drill site testing a resistivity high area approximately 2,000 feet east of the main IP zone also reports alteration and copper mineralization.
Results here included two grab samples of 5.7 & 3.4 ppm silver; 1.32% & 0.535% copper; 129 and 690 ppm molybdenum and 0.193 ppm and 0.134 ppm gold, respectively. The geological mapping has identified a Quartz Feldspar Porphyry (QFP) intrusive associated with the chargeability anomaly and the rock geochemistry anomaly. QFP`s are associated with the skarn and porphyry copper deposits of the Nevada basin area.There are 298 mines in Elko County, Nevada, located between Reno and Salt Lake City and is a prolific copper mining area. Two of the most noteworthy mines include the Robinson Mine which is an open pit copper and gold mine that has operated continuously since 2005 producing averagely 121 to 126 million pounds per year of copper. And the Bingham Canyon Mine, which is the world`s largest open pit mine and has produced more copper than any other mine in history — approximately 14.5 million tons.PARKERVISION INCORPORATED (NASDAQ: PRKR) “Up 36.21% in morning trading” Detailed Quote:
http://otcpicknews.com/emailmarketer/link.phpM940&N26&L76&F=T ParkerVision, Inc. designs, develops and markets its proprietary RF technologies which enable advanced wireless communications for current and next generation mobile communications networks. Its solutions for wireless transfer of radio frequency (RF) waveforms enable significant advancements in wireless products, addressing the needs of the cellular industry for efficient use of power, reduced cost and size, greater design simplicity and enhanced performance in mobile handsets as the industry migrates to next generation networks. ParkerVision is headquartered in Jacksonville, Florida. PRKR News:July 20 – ParkerVision Sues Qualcomm for Patent Infringement Seeking Damages and Injunctive ReliefParkerVision to Host Conference Call and Web Cast Thursday, July 21 at 8:30 a.m. EasternParkerVision, Inc. (Nasdaq: PRKR) announced that it has commenced federal litigation against Qualcomm Incorporated (Nasdaq: QCOM) alleging that the San Diego-based company infringes seven ParkerVision patents. These patents relate to radio-frequency (“RF”) receivers and the down-conversion of electromagnetic signals, a body of intellectual property (“IP”) that ParkerVision pioneered for creating direct conversion receivers. The complaint further alleges that Qualcomm has utilized and continues to utilize devices, systems, or methods that directly or indirectly infringe upon one or more claims of these patents.In the complaint filed today in the United States District Court for the Middle District of Florida, ParkerVision is seeking unspecified monetary damages from Qualcomm as well as a permanent injunction barring the manufacture and sale of Qualcomm`s infringing devices. The complaint accuses Qualcomm of objective recklessness in its infringing activity and seeks an award of exemplary damages, attorneys` fees, and costs in bringing this action.ParkerVision has invested over $200 million in its wireless technologies over the last fifteen years and has developed core IP in a number of areas in the field of wireless communications. This lawsuit comes at a time when the industry requires higher performance receivers to accommodate multiple standards, next generation networks, smaller form factors, and increased power efficiency in mobile devices.ParkerVision`s CTO, David Sorrells, commented, “ParkerVision`s IP preceded a shift in the mobile handset industry from the long tradition of superheterodyne to direct conversion receivers. Our technology in the area of electromagnetic signal down-conversion, as applied to direct-conversion RF receivers, enables exceptional receiver performance in small, highly-integrated, and power-efficient form-factors. Qualcomm`s products that incorporate our technology have enjoyed these benefits without recognizing or compensating ParkerVision`s innovations.””For years, ParkerVision has asserted that its technology represents a breakthrough in the wireless communications industry and has the potential to become a new industry standard,” said Jeffrey Parker, ParkerVision`s CEO and Chairman. “We believe that ParkerVision`s IP is widely deployed in Qualcomm`s past, current, and next generation devices and we will vigorously pursue fair and adequate compensation.”ParkerVision`s IP portfolio today includes 118 issued U.S. patents and over 40 additional U.S. patent applications. The seven patents cited in the complaint collectively contain over 400 claims.Conference CallParkerVision will host a live conference call on Thursday, July 21, at 8:30 a.m. Eastern time. To participate, dial 1-877-561-2750, approximately five minutes before the conference is scheduled to begin. International callers should dial +763-416-8565. The conference may also be accessed by means of a live audio webcast on the Company`s website at www.parkervision.com. The conference webcast will be archived and available for replay for 90 days from the date of broadcast.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..DO NOT BASE ANY INVESTMENT DECISION UPON ANY MATERIALS FOUND ON THIS REPORT. We are not registered as a securities broker-dealer or an investment adviser either with the U.S. Securities and Exchange Commission (the “SEC”) or with any state securities regulatory authority. We are neither licensed nor qualified to provide investment advice. 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