OTCPicks.com Stocks to Watch for Friday, March 23rd

OTCPicks Publisher Newsletter

OTCPicks.com Stocks to Watch for Friday, March 23rd ECOS, BPHX, TRAB, ELRA, ASYI, NXOI Our Stocks to Watch tomorrow include EcoloCap Solutions Inc. (OTCBB:

ECOS), BluePhoenix Solutions Ltd. (NASDAQ: BPHX), TheraBiogen Inc. (OTCBB:

TRAB), Elray Resources Inc. (OTCBB: ELRA), AISystems Inc. (OTCBB: ASYI) and Next 1 Interactive Inc. (OTCBB: NXOI).Visit http://otcpicknews.com/emailmarketer/link.phpM940&N99&L1&F=T to register for our Stocks to Watch Newsletter and Email Stock Watch Alerts.ECOLOCAP SOLUTIONS (OTCBB: ECOS) “Up 540.00% on Thursday” Detailed Quote: www.otcpicks.com/quotes/ECOS.php EcoloCap Solutions Inc. and its associated company K-MBT Inc., are focused on technology companies that utilize advanced nanotechnology to design, develop, manufacture and sell alternative energy products. ECOS News:March 22 – EcoloCap Positive Results in Chile Lead to AgreementA standstill agreement is in place pending a commitment that would cause FEI to absorb up to 100% of the production of M-Fuel production equipment and additiveEcoloCap Solutions Inc. (OTCBB: ECOS) is in a standstill period with Fuel Emulsions International, Inc. (FEI) of Miami, FL until March 31, 2012.

Under the proposed agreement, FEI is committed to purchase, own and operate all or most of EcoloCap`s manufactured processing equipment and additive for the production of M-Fuel and other specialty emulsion fuels.The proposed agreement has been in negotiation for the last three months and follows the successful testing of M-Fuel production by Energy Partners Chile (EPC), which shared its positive results with FEI.EcoloCap`s M-Fuel is the result of years of research and development. It has been an uphill battle for the market to recognize that the breakthrough technology can reduce diesel fuel consumption by up to 30% and particulate emissions up to 98%. In these times of $100/barrel oil, ECOS is fast gaining recognition and attracting the attention of leading users of heavy oils. The proposal ECOS has received is a testimonial to that recognition..The EcoloCap NPU line of equipment uses Nano Technology to produce M-Fuel an emulsification of typically 70% Diesel, Kerosene or other Heavy Fuel Oils, 28% water and 2% of an EcoloCap proprietary additive. Independent tests have indicated a reduction of particulate emissions of some 98% and NOX by 65% while producing almost the same efficiency as the original unprocessed fuel. The result is a reduction of up to 30% in the consumption of diesel fuel and depending upon fuel prices, cost savings can reach 25%..Michael Siegel, CEO of EcoloCap Solutions Inc. states: “First and foremost, I want to thank our shareholders who have stood by us over the past many months. Your faith in ECOS will not go unrewarded. We at EcoloCap did not stand still. We have been searching far and wide for the best partners to capitalize on our game changing technology.”BLUEPHOENIX SOLUTIONS LIMITED (NASDAQ: BPHX) “Up 18.06% on Thursday” Detailed Quote:

http://otcpicknews.com/emailmarketer/link.phpM940&N99&L55&F=T BluePhoenix Solutions, Ltd. is the leading provider of value-driven legacy IT modernization solutions. The BluePhoenix portfolio includes a comprehensive suite of tools and services from global IT asset assessment and impact analysis to automated database and application migration, rehosting, and renewal. Leveraging over 20 years of best-practice domain expertise, BluePhoenix works closely with its customers to ascertain which assets should be migrated, redeveloped, or wrapped for reuse as services or business processes, to protect and increase the value of their business applications and legacy systems with minimized risk and downtime.BPHX News:March 20 – BluePhoenix Solutions Enters into Agreements to Refinance Certain of its Debts and to Raise $0.5 Million of New Debt Through a Bridge LoanBluePhoenix Solutions (NASDAQ: BPHX), the leading provider of value-driven legacy IT modernization solutions, announced today that it has entered into agreements to refinance certain of its debts and to raise $0.5 million of new debt through a bridge loan.On March 19, 2012, the Company entered into an assignment agreement with certain of its lenders relating to the $5.0 million loan agreement that the Company entered into in April 2011, pursuant to which such loan will be assigned from the current lenders to three of the Company’s shareholders.

In connection with such assignment, the Company has agreed to pay $1.0 million, subject to certain conditions, as partial repayment of the loan, which is due in May 2012, if certain funds currently held in escrow by a third party are released to the Company.In addition, the Company entered into an agreement with the three shareholders to amend the terms of the loan following its assignment to them. The amendment includes extending the maturity date of the loan from May 2012 to May 1, 2014, and an increase of the interest rate to 6% per annum, with escalation clauses up to 9.5% if not repaid by certain dates following the maturity date, with such interest payable quarterly. The interest will be payable in the Company’s ordinary shares if the shareholders elect to receive such shares or if the Company elects so if it does not have available funds to pay the interest in cash. The number of ordinary shares to be issued will be calculated according to the 20-day volume weighted average price per share of the Company’s ordinary shares traded on the Nasdaq stock market prior to the payment date. The shareholders may elect to convert the outstanding balance of the loan and any accrued interest to the Company’s ordinary shares at a price of $3.00 per share at any time after the assignment. The revised loan agreement will contain restrictive covenants and provisions for acceleration of repayment or termination of the loan in certain events of default. In consideration of the amendment, the Company will issue to the three shareholders ordinary shares in an aggregate amount equal to 18.7% of the Company’s outstanding share capital as of the date of issuance.The Company also entered into a loan agreement with the three shareholders for a $0.5 million bridge loan due in one year with an interest rate of 8% per annum. The bridge loan will be secured by a second lien on the Company’s assets. The shareholders will have the right to convert the amount of the bridge loan and accrued interest into the Company’s ordinary shares at any time, and the Company will have the right to issue ordinary shares instead of payment of the accrued interest if it does not have available funds to pay such amount in cash. In either case, the number of ordinary shares to be issued will be calculated according to the lower of the 20-day volume weighted average price per share of the Company’s ordinary shares trading on the Nasdaq stock market prior to the respective payment date and $3.00 per share. The bridge loan contains provisions for acceleration of repayment in certain events specified in the loan agreement.The Company entered into a registration rights agreement with the three shareholders with respect to any ordinary shares issuable under the transactions discussed above.Consummation of the transactions discussed above is subject to certain conditions to closing as specified in the agreements, including approvals from the banks holding the first lien on the Company’s assets within the time frames specified in the agreements.Consummation of the transactions is also subject to the approval of the Company’s shareholders (other than the three shareholders participating in the transactions and any other shareholders that have personal interest in the approval). The Bridge loan shall be extended to the Company upon obtaining the bank’s consent. If the shareholders’ approval is not obtained within certain time frames set forth in the bridge loan agreement, then the bridge loan will become due and payable in 60 days from extension of the bridge loan to the Company(or earlier in certain cases of defaults or acceleration events) and will bear only a nominal interest of 0.07% per annum.Consummation of the transactions will result in approximately $4.7 million (as of December 31, 2011) being reclassified from short term to long term debt.THERABIOGEN INCORPORATED (OTC: TRAB) “Up 150.00% on Thursday” Detailed Quote:

http://otcpicknews.com/emailmarketer/link.phpM940&N99&L56&F=T TheraBiogen is a manufacturer and distributor of homeopathic nasal sprays for aiding in the relief of allergies, cold and flu symptoms and migraine headaches. The products are made from natural, homeopathic ingredients and contain no zinc, which has been identified as potentially causing nasal problems in other similar products on the market.TRAB News:March 22 – TheraBiogen Courted by International Pharma GiantTheraBiogen, Inc. (OTCBB: TRAB), a manufacturer and distributor of homeopathic nasal sprays for aiding in the relief of allergies, cold and flu symptoms and migraine headaches, announced today that the company has begun discussions with a major pharmaceutical company interested in providing access to TheraBiogen`s homeopathic product line, Thera Max®.. Kelly Hickel, CEO of TheraBiogen, Inc., commented, “With the growing trend for safe, homeopathic products, TheraBiogen has the momentum in its favor to offer unique opportunities for investors, partners and consumers.”A March 20, 2012 article titled, “Homeopathic remedies Make Gains on Conventional Med” which names TheraBiogen, written by Brian Ganch notes “Homeopathic medicines have been popping up in big drug stores remedying the symptoms without the side effects,” …”With the growing trend for safe, homeopathic options, TheraBiogen seems to have the momentum in its favor and presents a window of opportunity for investors.Thera Max® Cold and Flu is an all-natural, non-zinc, non-addictive, over-the-counter cold and flu relief agent. Over 50 million Americans contract the flu each year and consumer demand for a homeopathic, non-zinc remedy is a 2.5 billion dollar market according to research studies.Thera Max® is available for purchase in over twelve thousand locations including Rite-Aid, Food Lion, Hannaford Supermarkets, Discount Drug Marts and Big Y Supermarkets as well as two of the three largest drug retailers..

ELRAY RESOURCES INCORPORATED (OTCBB: ELRA) “Up 39.34% on Thursday” Detailed Quote:

http://otcpicknews.com/emailmarketer/link.phpM940&N99&L40&F=T Elray Resources, Inc. is a junior exploration and development Corporation which has successfully accumulated a portfolio of four highly prospective, heavily mineralized mining tenements in Cambodia and Mexico. Elray Resources primary objective is to source potential and viable projects, conduct geological assessments and seek Joint Venture partners to develop the properties. Elray Resources 100% controlled entity in Cambodia is Angkor Wat Minerals Ltd. ELRA News:March 22 – Elray Gaming Announces That It has Entered Into a Binding Letter of Intent to Acquire a Macao Gaming CompanyElray Resources Inc. (OTCBB: ELRA) announced that it has entered into a binding Letter of Intent with Golden Match, a company incorporated in the British Virgin Islands.Elray and Golden Match will enter into an Acquisition Agreement in which Elray will acquire all of the outstanding shares of Golden Match.Golden Match is an investment holding company. Its principal business activity is to hold a profit share agreement with a VIP Room Gaming Promoter, the terms of which they receive 80% of the profit stream from the Promoters. The Promoter currently participates in the promotion of many major luxury VIP gaming facilities in Macao, China, the largest gaming market in the world, which include the MGM, Venetian, Wynn, Galaxy and City of Dreams.VIP gaming operations in Macao consist of VIP rooms that offer exclusively high-limit baccarat table games. Baccarat is the largest source of gaming revenue in Macao. Gaming Promoters in Macao have historically maintained the majority of VIP customer relationships. The Promoters secure VIP rooms through agreements in which they receive either a commission on turnover or a split of the casino net gaming win or loss on a pre-gaming tax basis.The letter of intent includes:Golden Match is a company that has negotiated a profit sharing agreement with Cali Promocao de Jogos Sociedade Unipessoal Lda. (CALI), a company duly incorporated under the laws of the Special Administrative Region of Macao, and promotes Casinos in Macao SAR pursuant to a license issued by the Gaming Inspection and Coordination of Bureau of the Government of Macao SAR Over the past 5 months, CALI has generated approximately US$ 17 million profit after tax.The agreements that Cali currently has in place are with the MGM Grand Macao, the Venetian, Wynn, Galaxy and City of Dreams.Mr. Lao Sio I will be appointed Chairman of the Board of Directors with Brian Goodman remaining as Chief Executive.Following the completion of the Acquisition Agreement, Elray will initially raise working capital to fund growth. On signature of the letter of intent, Mr. Lao Sio I commented, “I am excited by this development as it enables us to take advantage of exciting growth opportunities that are available for expansion that a privately held company is unable to do. Macao has become the leading gaming center world wide, new casinos are opening, existing ones are expanding with more and more people visiting Macao, we will now be able to pursue these opportunities.”Brian Goodman, current CEO stated that, “Elray will now be well positioned to develop and grow as a gaming entity internationally. The Macao opportunity together with the US listing will enable the company to raise growth capital, acquire other promoters in Macao as well as in other jurisdictions and negotiate more favorable terms with casinos due to its heightened profile. All in all a good result for Elray stockholders.”ABOUT MR. LAO SIO IMr. Lao Sio I is a highly educated Chinese Citizen and a resident of Macao. After graduating with a number of Degrees from the Macao Polytechnic Institute Mr. Lao Sio I (39 years old) completed numerous post graduate courses including diplomas in English as well as a number of technology related courses.Following a successful career in local government in Macao, Mr. Lao Sio I entered the gaming industry in 2003, initially as a Casino VIP host and in 2005 investing in a VIP room as a senior partner. Since that time Mr. Lao Sio I has developed the reputation of being one of the leading, influential and respected gaming promoters in the GCR (Greater China Region) having negotiated deals with the largest Casinos in Macao. As Chairman, Mr. Lao Sio I will be leading the future development and growth of Elray.AISYSTEMS INCORPORATED (OTCBB: ASYI) “Up 27.69% on Thursday” Detailed Quote:

http://otcpicknews.com/emailmarketer/link.phpM940&N99&L97&F=T AISystems has developed a unique, proprietary business platform software system for the airline industry called jetEngine™, which is comprised of systems and mathematical algorithms capable of generating significant profitability improvements through strategic business planning capabilities, resource scheduling, revenue management and integrated operations. ASYI News:No recent news for AISystems, Inc. (OTCBB: ASYI). NEXT 1 INTERACTIVE INCORPORATED (OTCBB: NXOI) “Up 30.00% on Thursday” Detailed Quote:

http://otcpicknews.com/emailmarketer/link.phpM940&N99&L80&F=T Next One Interactive, Inc. (NXOI) is a multi-faceted media company specializing in Travel and Real Estate. Next One plans the delivery of targeted content via multiple digital platforms including Satellite, Cable, Broadcast, Broadband and mobile. In today`s digital market Next One Interactive delivers information and entertainment to consumers. The company business plan calls for multiple revenue streams from real estate and travel content delivery including transactional commissions, referral fees, advertising and sponsorship. The multiple revenue streams and integrated media platforms allow for the delivery of measurable return on investment to its advertisers, sponsors and business partners.NXOI News:March 22 – Next 1 Pairs with 3RDHome.com to Expand Travel Options and Incentives for Vacation Home OwnersNext 1 Interactive, Inc. (OTCBB: NXOI), (“Next 1″) announced that it has entered into an agreement with 3RDHome.com to allow Next 1 to offer additional travel options and incentives to both its customers and 3RD Home vacation home owners. www.3RDHome.com was created to fill a need expressed by second home owners to find a safe and trustworthy way to “expand” the use of their second homes without the hassles of renting. 3RD Home enables second home owners to exchange time in their home for stays at premiere luxury destinations world-wide. By depositing weeks in their second homes into the 3RD Home club, members can reserve another great home any time – in advance or at the last minute. Members simply go online, browse, click and instantly reserve their vacations. With hundreds of desirable destinations to choose from and average home values being over $2.5 million, the program offers an exceptional vacation experience.Next 1 will begin marketing the program under its “Extraordinary Vacation Homes” brand www.exvHomes.com using the 3RD Home intuitive and interactive booking engine. Promotion of the vacation product will be via TV, web, the company`s past vacation list and other media programs. During the initial introduction, any new members who sign up from Next 1`s marketing campaign will be able to take advantage of their initial vacation home exchange, for free. Aside from promotion, Next 1 Interactive will be recognized as a preferred partner for providing travel planning, concierge and bookings services through its Maupintour Extraordinary Vacations division to existing members. Additionally Next 1 will begin offering real estate services via its real estate division “Next One Realty,” in the event that 3RD Home members wanted to purchase any of the vacation properties. “As Next 1 expands in partnerships, our goal is to increase value for existing and future clientele. The 3RD Home program and Next One Interactive services, such as Maupintour and Next One Realty, are an excellent opportunity to do just this. We are excited about introducing our new counterpart, as a unique service, providing a well rounded experience for both company`s clientele,” says Bill Kerby, CEO of Next 1 Interactive..Wade Shealy, CEO of 3RD Home, says “we see this agreement as the beginning of a valuable relationship between two companies with great concepts and services and it should clearly allow for extra benefits to our 3RD Home customers.”ABOUT 3RD HOME3RD Home was created to fill a need expressed by second home owners to find a safe and trustworthy way to “expand” the use of their second homes without the hassles of renting. 3RD Home enables second home owners to exchange time in their home for stays at premiere luxury destinations world-wide. By depositing weeks in their second homes into the club, members can reserve another great home any time – in advance or at the last minute. Members simply go online, browse, click and instantly reserve their vacations. With hundreds of desirable destinations to choose from, our intuitive and interactive site also allows members to set alerts and reach out to others to plan their getaways.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. 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