OTCPicks.com Daily Market Movers Digest Midday Report for Monday, October 24th

Recommended Stock Newsletters
 
#1. PennyStockWarfare
#2. Nova Stocks
#3. Penny Stock Finder


OTCPicks Publisher Newsletter

OTCPicks.com Daily Market Movers Digest Midday Report for Monday, October 24th ECDC, EFIR, TUCN, UNVC, HYII, EGAN Our Stocks to Watch today include East Coast Diversified Corp. (OTCBB:

ECDC), EGPI Firecreek Inc. (OTCBB: EFIR), TouchIT Technologies Inc. (OTCBB:


TUCN), Univec Inc. (OTC: UNVC), Hybred International Inc. (OTC: HYII) and eGain (NASDAQ: EGAN).Visit http://otcpicknews.com/emailmarketer/link.phpM940&N60&L1&F=T to register for our Daily Market Mover’s Digest Newsletter and Email Stock Watch Alerts.EAST COAST DIVERSIFIED CORPORATION (OTCBB: ECDC) “Up 76.47% in morning trading” Detailed Quote:

http://otcpicknews.com/emailmarketer/link.phpM940&N60&L12&F=T East Coast Diversified Corp. operates through its subsidiary, EarthSearch Communications, Inc. East Coast Diversified Corp. offers a portfolio of GPS devices, RFID interrogators, integrated GPS/RFID technologies and Tag designs. The company was founded in 2010 and is based in Atlanta, Georgia..

ECDC News:October 24 – ECDC Completes Acquisition of Mobile Application Development Company Rogue PaperEast Coast Diversified Corporation (OTCBB: ECDC) (the “Company”), through its subsidiary EarthSearch Communications, Inc., announced the execution of a definitive agreement and the acquisition of mobile application development company Rogue Paper.East Coast Diversified executed a definitive agreement concluding its acquisition of California based Rogue Paper, a developer of media mobile and branded applications for major media companies. The company will file terms of the definitive agreement in an 8K filing with the SEC.”This was a significant and critical acquisition for East Coast Diversified and its shareholders,” commented Kayode Aladesuyi, CEO of ECDC.

“It represents a major shift in our business strategy, it brings in needed diversification to our product and business portfolio, creates access to a social media platform that will allow us to introduce our RFID solutions to the market in unique and exciting ways, more importantly we are adding depth and experience to our management team.””EarthSearch shares our commitment to innovation and long-term vision of the convergence of mobile, social, and location technology. We are thrilled to be joining forces and expanding our reach to new users, audiences, and markets. It`s a truly exciting time,” said Stephanie Boyle, President of Rogue Paper.In other news East Coast Diversified announced the addition of Robert Bohorad as Director of Sales and Business Development. Mr. Bohorad was Chief Operation Officer for Keystone Business Group and brings more than 17 years of experience in business development and sales management to East Coast Diversified.”I am quite pleased with where we are with our business and look forward to working with both Stephanie and Robert,” said Kayode Aladesuyi, CEO of ECDC.ABOUT ROGUE PAPERBased in California`s `Silicon Valley`, Rogue Paper is a developer of TV Tune-In Application. TV Tune-In, developed by Rogue Paper, is a real-time, companion viewing and mobile app development platform for media companies to help drive viewership, conversation and interactions for television shows and content. TV Tune-In`s CMS allows media companies to develop branded iPhone and iPad apps for television shows and channels. The apps aim to attract fans around live viewing of their favorite show, event, or sports team. Users can actively comment, Tweet and like their favorite shows, chat with friends, play trivia games, watch exclusive video content, photos and more. EGPI FIRECREEK INCORPORATED (OTCBB: EFIR) “Up 38.30% in morning trading” Detailed Quote:

http://otcpicknews.com/emailmarketer/link.phpM940&N60&L99&F=T EGPI Firecreek, Inc.`s business and acquisition strategy is focused on both the vertical integration of enterprises serving the DOT Construction and Intelligent Traffic System markets alongside its wholly owned subsidiary M3, Lighting, Inc. (M3), and on oil and gas production with an emphasis on acquiring existing fields with proven reserves, the rehabilitation of potentially high throughput oilfields, resource properties and inventories, through its wholly owned subsidiary Energy Producers, Inc. (Energy Producers). EGPI Firecreek, Inc. is also looking to expand into Alternative energy sources as well as industries in the energy field. Other companies in the oil sector include Exxon Mobil, Pantina Oil and Gas Inc., Frontier Oil Inc. and Cabot Oil & Gas Inc.

EFIR News:September 29 – EGPI Firecreek, Inc. Updates Acquisition of Vishnu Holdings, LLCEGPI Firecreek, Inc. (OTCBB: EFIR) reports that both companies have been diligent and are progressing exceedingly well with the processing of due diligence materials for the acquisition of Vishnu Holdings, LLC. EGPI Firecreek, Inc. credits the progress due to the excellent infrastructure, management and leadership of Mr. Rashmi Yajnik, CEO of Vishnu Holdings, LLC.Mr. Yajnik is a graduate of Vanderbuilt University where he received his engineering degree. He was most recently the CEO and President of California Hydrocarbons.Over the last decade Mr. Yajnik has been responsible for:* The Drilling and completion of more than 100 wells throughout the Appalachian Basin.* Acquired the assets of 3 separate publicly traded Australian companies located in Northern California and the Gulf of Mexico, for salvage value and the reworking of wells where they currently continue to produce nearly 10 years later.* Acquired 5000 acres in the Gulf of Mexico and drilled 6 wells from one offshore platform which produced over 40 bcf of natural gas.* Founder / past President / current Board Member of the Asian Indian American Business Group.* Governor appointed Ohio Civil Rights Commissioner, receiving the award for “Outstanding Leadership in the Asian American Community”.* Member of the Asian Indian Alliance (AIA), Federation of Asian Indian Association of Central Ohio.* Member of the Independent Petroleum Association of America, Ohio Oil & Gas Association and the Columbus Council of World Affairs.As previously reported, Vishnu Holdings and EGPI Firecreek plan to implement a strategy, under the leadership and guidance of Mr. Yajnik and Mr. Dennis Alexander, which will immediately begin exploiting the vast oil and gas reserves in the shallow waters of the Gulf of Mexico. Initial plans are to develop 19 wells over a 5 year time frame. A certified third party engineering firm reserve report indicates over $2 billion in recoverable oil and gas from the proposed lease area based on an $80 dollar per barrel of oil and $4 dollar mcf for gas.ABOUT VISHNU HOLDINGS, LLCBased in Lafayette Louisiana, Vishnu Holdings is comprised of seasoned oil and gas executives that come from major oil and gas companies. Vishnu’s focus is to achieve growth through prospect generation, acquisitions, farm-ins and lease-sale opportunities throughout the shallow waters of the Gulf of Mexico. The Company’s executives are seasoned from a long history of hands on, ground up gas and oil management. The team has a strong track record working for the majors. As a result they are highly experienced in developing reserves in the shallow waters of the Gulf of Mexico.TOUCHIT TECHNOLOGIES INCORPORATED (OTCBB: TUCN) “Up 47.79% in morning trading” Detailed Quote:

http://otcpicknews.com/emailmarketer/link.phpM940&N60&L42&F=T TouchIT Technologies is a designer, producer and marketer of touch-based visual communication products. The Company manufactures a large range of touch screen and touch board products containing TouchIT`s proprietary technology to suit all types of applications, from small LCD touch-screens to large interactive whiteboard displays and audience response systems, with applications to several industry segments including education, business, and government. Sales Offices have been established in London, UK, County Limerick, Ireland and Troy, Michigan USA. TUCN News:October 24 – TouchIT Technologies, Inc. Announces a New CEO, Production Facility Relocation and a Reduction of 22% of the Issued and Outstanding SharesTouchIT Technologies, Inc. (OTCBB: TUCN), a manufacturer of touch-based visual communication products, has announced today that effective immediately, Andi Brabin will take over as the CEO of the Company as Mr.

Recep Tanisman retires from the position to concentrate on his other business interests. “It`s times of change at TouchIT Technologies,” remarked Andi Brabin, newly appointed CEO. “We`ve many interesting opportunities on the horizon, a strong order book and I am passionate about leading the company forward,” he added.The Company today also announced it has reduced the number of outstanding shares by acquiring 16,110,000 shares, or 22% of the Company`s outstanding stock, from Mr. Tanisman in exchange for the Company`s assets of the Turkish manufacturing entities. The Company`s Turkish manufacturing entities have now been closed. In closing the Turkish subsidiaries, the Company has cleaned up the balance sheet dramatically and by moving production to Taiwan, this allows the Company to benefit from reduced overheads going forward. This results in a new I/O of 52.8m shares.

Management believes that this action demonstrates its commitment to the common shareholder to improve and preserve the share structure, thus adding value for all.”We`re excited about the changes and feel they put the Company in a much stronger position to capitalize on the opportunities we have in hand. I`d like to add we`re also committed to our investors and are ready to better serve the investment community,” concluded Mr. Brabin.UNIVEC INCORPORATED (OTC: UNVC) “Up 20.00% in morning trading” Detailed Quote:

http://otcpicknews.com/emailmarketer/link.phpM940&N60&L04&F=T Univec, Inc., through its subsidiaries, produces, licenses, and markets medical products in the United States and internationally. It primarily provides auto-disable and safety syringes. The company offers 1 cc AD-syringe for aspirating and non-aspirating applications, which are used for dispensing dosages of allergy, immunization, and insulin medicines. It also manufactures and markets sliding sheath syringes that are designed to protect patients and healthcare workers from needle stick injuries; and bifurcated needle safety syringes, which are used in administering smallpox vaccines in response to bio-terrorist threats. Univec markets its auto-disable syringes and sliding sheath safety syringes to private hospitals, health facilities, and distributors in the United States, as well as to governments of developing countries. In addition, it assists pharmaceutical companies in marketing, fulfillment, and tracking drug samples via an online system connecting pharmacies and managed payment providers. The company was founded in 1992 and is based in Baltimore, Maryland.UNVC News:September 23 – Univec Inc. Files Form 8-KOn September 1, 2010, Univec Inc. (OTC: UNVC) entered into a Securities Purchase Agreement (the “Securities Purchase Agreement”) with AJW Partners, LLC, AJW Partners II, LLC, New Millennium Capital Partners III, LLC, AJW Master Fund, Ltd. and AJW Master Fund II, Ltd. (collectively, the “Investors”). Under the terms of the Securities Purchase Agreement, the Investors purchased an aggregate of $60,000 in 12% callable convertible secured notes (the “Notes”). For more information, visit http://otcpicknews.com/emailmarketer/link.phpM940&N60&L05&F=T.HY`BRED INTERNATIONAL INCORPORATED (OTC: HYII) “Up 20.00% in morning trading” Detailed Quote:

http://otcpicknews.com/emailmarketer/link.phpM940&N60&L74&F=T The Hy`Bred horseshoe is the most advanced Aluminum/Urethane horseshoe on the market today. Unsurpassed shock absorption, superior traction and improved protection, combined with the best wear resistance of any synthetic horseshoe makes the Hy`Bred the ultimate choice for every horse..HYII News:October 14 – Hybred International, Inc. Files Income Statement Hybred International, Inc. (OTC: HYII) has files its latest income statement with the SEC. Visit http://otcpicknews.com/emailmarketer/link.phpM940&N60&L17&F=T to view it. EGAIN COMMUNICATIONS CORPORATION (NASDAQ: EGAN) “Up 8.62% in morning trading” Detailed Quote:

http://otcpicknews.com/emailmarketer/link.phpM940&N60&L08&F=T eGain is the leading provider of cloud and on-premise customer interaction software for sales and service. For over a decade, eGain solutions have helped improve customer experience, grow sales, and optimize service processes across the web, social, and phone channels. Hundreds of global enterprises rely on eGain to transform fragmented sales engagement and customer service operations into unified Customer Interaction Hubs (CIHs)..

EGAN News:October 19 – eGain to Showcase Knowledge-Powered Multichannel Customer Support at Technology Services World 2011 Las VegasKnowledge Management Pioneer to Showcase Next-Generation Solutions for Improving Customer Service Experience Across Phone, Web, Online Forums, and Social NetworkseGain (NASDAQ: EGAN), a leading provider of cloud and onsite customer interaction hub software for sales and service, announced that it will be exhibiting at Technology Services World (TSW) at Booth #26. Presented by the Technology Services Industry Association (TSIA), TSW 2011 will take place October 24-26 at The Mirage Resort in Las Vegas, Nevada.Technology Services World brings the latest in best-of-breed offerings from eGain and other solution providers. The EXPO offers the opportunity to meet one-on-one with partners to determine which products and services organizations can leverage to take their services operations to the next level of performance.Visitors to the eGain booth will get to see the power of knowledge-enabled multichannel customer interaction hubs, and how they help improve customer support metrics as well as customer and agent experience.eGain`s knowledge management solutions have been implemented by hundreds of companies to enable superior customer service that is consistent across phone, web, and social channels. The eGain approach of a single agent-facing and customer self-service knowledge base with the ability to federate multiple content sources and provide many different paths to it translates to better findability, greater contact center productivity, and increased customer satisfaction. Innovative features such as natural language processing, chatbot assistance and guided help through Case-Based Reasoning (CBR), and social knowledge management make for exceptional customer experiences.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. OTCPicks.com makes no recommendation that the purchase of securities of companies profiled in this web site is suitable or advisable for any person or that an investment such securities will be profitable. In general, given the nature of the companies profiled and the lack of an active trading market for their securities, investing in such securities is highly speculative and carries a high degree of risk. You are receiving this email because you have registered on OTCPicks.com or one of our affiliate companies. The information contained in our report should be viewed as commercial advertisement and is not intended to be investment advice. The report is not provided to any particular individual with a view toward their individual circumstances. The information contained in our report is not an offer to buy or sell securities. We distribute opinions, comments and information free of charge exclusively to individuals who wish to receive them. Our newsletter and website have been prepared for informational purposes only and are not intended to be used as a complete source of information on any particular company. An individual should never invest in the securities of any company profiled based solely on information contained in our reports. Individuals should assume that all information contained in the report about profiled companies is not trustworthy unless verified by their own independent research. Any individual who chooses to invest in any securities should do so with caution. Investing in securities is speculative and carries a high degree of risk; you may lose some or all of the money that is invested. Always research your own investments and consult with a registered investment advisor or licensed stock broker before investing. Information contained in our report will contain “forward looking statements” as defined under Section 27A of the Securities Act of 1933 and Section 21B of the Securities Exchange Act of 1934. Subscribers are cautioned not to place undue reliance upon these forward-looking statements. These forward looking statements are subject to a number of known and unknown risks and uncertainties outside of our control that could cause actual operations or results to differ materially from those anticipated. Factors that could affect performance include, but are not limited to, those factors that are discussed in each profiled company`s most recent reports or registration statements filed with the SEC. You should consider these factors in evaluating the forward looking statements included in the report and not place undue reliance upon such statements.

We are committed to providing factual information on the companies that are profiled. However, we do not provide any assurance as to the accuracy or completeness of the information provided, including information regarding a profiled company`s plans or ability to effect any planned or proposed actions. We have no first-hand knowledge of any profiled company`s operations and therefore cannot comment on their capabilities, intent, resources, nor experience and we make no attempt to do so. Statistical information, dollar amounts, and market size data was provided by the subject company and related public information sources which we believe to be reliable but we cannot guarantee the accuracy of the information. To the fullest extent of the law, we will not be liable to any person or entity for the quality, accuracy, completeness, reliability, or timeliness of the information provided in the report, or for any direct, indirect, consequential, incidental, special or punitive damages that may arise out of the use of information we provide to any person or entity (including, but not limited to, lost profits, loss of opportunities, trading losses, and damages that may result from any inaccuracy or incompleteness of this information). We encourage you to invest carefully and read investment information available at the websites of the SEC at http://otcpicknews.com/emailmarketer/link.phpM940&N60&L=7&F=T and FINRA at http://otcpicknews.com/emailmarketer/link.phpM940&N60&L=8&F=T. Disclosure: OTCPicks.com and affiliates have not been compensated by any of the companies covered in this release.

 

Related posts:

  1. OTCPicks.com Stocks to Watch for Friday, February 18th
  2. OTCPicks.com Daily Market Movers Digest Midday Report for Wednesday, March 9th
  3. OTCPicks.com Stocks to Watch for Thursday, March 10th
  4. OTCPicks.com Daily Market Movers Digest Midday Report for Thursday, April 21st
  5. OTCPicks.com Daily Market Movers Digest Midday Report for Monday, April 25th






You may also like...