OTCPicks.com Daily Market Movers Digest Midday Report for Friday, October 5th
OTCPicks Publisher Newsletter
OTCPicks.com Daily Market Movers Digest Midday Report for Friday, October 5th XTOG, SO”>GTSO, SL”>XDSL, ATTD, XFMY, SHMX”>SHMX Our Stocks to Watch today include Xtreme Oil & Gas Inc. (OTCQB: XTOG), Green Technology Solutions Inc. (OTCBB: SO”>GTSO), mPhase Technologies Inc.
(OTCBB: SL”>XDSL), Attitude Drinks Inc. (OTCBB: ATTD), XFormity Technologies Inc. (OTC: XFMY) and Shamika 2 Gold Inc. (OTCBB: SHMX”>SHMX).
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XTREME OIL & GAS INCORPORATED (OTCBB: XTOG) “Up 22.22% in morning trading” Detailed Quote:
http://otcpicknews.com/emailmarketer/link.phpM940&N78&L65&F=T Xtreme Oil & Gas, Inc. is a rapidly growing Dallas-based independent energy company engaged in the exploration, development, acquisition, and production of crude oil and natural gas with operations producing oil and gas from properties it owns and operates in Texas, Oklahoma and most recently Kansas. Xtreme operates a complementary commercial saltwater disposal business serving the oil and gas industry. Xtreme has strategically positioned its saltwater wells local to producers and truckers alike and will be able offer disposal services to these groups at significantly lower prices.
XTOG News:
No recent news for Xtreme Oil & Gas, Inc. (OTCQB: XTOG).
GREEN TECHNOLOGY SOLUTIONS INCORPORATED (OTCBB: SO”>GTSO) “Up 10.69% in morning trading” Detailed Quote: www.otcpicks.com/quotes/SO”>GTSO.php Green Technology Solutions, Inc. is a growth-oriented company exploring rare earth minerals and precious metals production around the world.
October 4 – SO”>GTSO Enters Final Stage of Negotiations to Acquire Business Target SO”>GTSO Resources, the mining subsidiary of Green Technology Solutions, Inc.
(OTCBB: SO”>GTSO) announced today that the company has entered into final negotiations to acquire Global Cell Buyers (GCB).
Last month, SO”>GTSO Resources signed a letter of intent to acquire the U.S.-based e-waste recycling company, a move SO”>GTSO expects to help it optimize recovery of pricey minerals from unwanted cell phones. Since then, SO”>GTSO has completed its due diligence, business strategy discussions and market planning. Now, the company is ready to move forward with a purchase agreement.
GCB was founded to focus on cell phone purchases for resale and recycling, and after a month of discussions we are happy with GCBs commitment to continue that focus while expanding its urban mining business to include additional e-waste streams, said SO”>GTSO CEO Paul Watson.
Were very excited to move forward with this agreement and expect to announce a completed deal very soon.
According to a recent report by industry analysts Frost & Sullivan, the global e-waste recycling market is predicted to grow to $1.86 billion by 2017 with a strong compound annual growth rate (CAGR) of four percent. SO”>GTSO expects that an acquisition of GCB would be a major step toward capitalizing on that growth.
Urban mining is a major pillar of SO”>GTSOs plans to compete alongside major international corporations striving for sustainable manufacturing solutions, such as Sprint Nextel Corp. (NYSE: S) and Toyota Motor Corporation (NYSE: TM). The company is also exploring traditional mining opportunities in the U.S. and Africa through its joint venture with Diamond V Associates.
MPHASE TECHNOLOGIES INCORPORATED (OTCBB: SL”>XDSL) “Up 9.09% in morning trading” Detailed Quote:
http://otcpicknews.com/emailmarketer/link.phpM940&N78&L&F=T mPhase Technologies is introducing a revolutionary Smart Surface technology enabled by breakthroughs in nanotechnology, S“>MEMS processing and microfluidics. Our Smart Surface technology has potential applications within drug delivery systems, lab-on-a-chip analytic systems, self-cleaning systems, liquid and chemical sensor systems, and filtration systems. mPhase has pioneered its first Smart Surface enabled product, the mPhase Smart NanoBattery. In addition to the Smart Surface technology, mPhase recently introduced its first product, the mPower Emergency Illuminator, an award-winning product designed by Porsche Design Studio and sold via the mPower website at www.mpowertech.com.
September 13 – mPhase Technologies Receives Notice of Allowance for Modular Device Patent mPhase Technologies, Inc. (OTCBB: SL”>XDSL) reported that it has received a Notice of Allowance from the U.S. Patent & Trademark Office (USPTO) for a Modular Device patent.
The invention generally relates to a handheld, powered device containing at least one power module having at least one battery, wherein the power module is removable and separately connects to each of the load modules.
More specifically it relates to a modular device for providing multiple modular components that may be interchanged as desired. A system for providing a modular device for use in emergency or everyday applications and having a plurality of modular components that are interchangeable with one another depending on the particular desired use.
ATTITUDE DRINKS INCORPORATED (OTCBB: ATTD) “Up 10.00% in morning trading” Detailed Quote:
http://otcpicknews.com/emailmarketer/link.phpM940&N78&L40&F=T Attitude Drinks Inc. is an innovative, beverage brand development company with a focus on functional milk, ready-to-drink beverages. Phase III Recovery Drink is the company`s first, functional milk drink exploiting recent scientific evidence of the benefits of milk and protein as an exercise recovery aid. The February 2010 launch of Phase III marks the first time a sports drink has been formulated from real milk.
ATTD News:
No recent news for Attitude Drinks Inc. (OTCBB: ATTD).
XFORMITY TECHNOLOGIES INCORPORATED (OTC: XFMY) “Up 304.76% in morning trading” Detailed Quote:
http://otcpicknews.com/emailmarketer/link.phpM940&N78&L71&F=T XFormity Technologies, Inc., together with its subsidiary, XFormity, Inc., provides business solutions to multi-unit business operators primarily in the food-service industry in North America. It offers hosted business intelligence, balanced scorecard, and benchmarking solutions that help customers with operational data analysis, trend reporting, issue identification, and tracking. The company provides these services under the software-as-a-service delivery model. It also offers custom software development, project management, and other related services. The company is headquartered in Dallas, Texas.
XFMY News:
No recent news for XFormity Technologies, Inc. (OTC: XFMY).
SHAMIKA 2 GOLD INCORPORATED (OTCBB: SHMX”>SHMX) “Up 100.00% in morning trading” Detailed Quote:
http://otcpicknews.com/emailmarketer/link.phpM940&N78&L12&F=T Shamika 2 Gold, Inc. engages in acquiring and exploring gold and mineral properties located in Cambodia and Canada. It holds its interests in Samplout project that comprises an area of approximately 140 square miles in the Samplout/Samlaut area of Western Cambodia; and Montclerg property, which consists of 23 mineral claims covering an area of 17.5 square kilometers located approximately 200 kilometres east of Montreal. The company is based in New York, New York. Shamika 2 Gold, Inc. is a subsidiary of Shamika Resources Inc.
No recent news for Shamika 2 Gold, Inc. (OTCBB: SHMX”>SHMX).
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