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OTCPicks.com: OTCPicks.com Daily Market Movers Digest Midday Report for Thursday, August 21st ACTC, FOUR, CPOG, SRDG, ASFX
[August 21, 2008]

OTCPicks.com: OTCPicks.com Daily Market Movers Digest Midday Report for Thursday, August 21st ACTC, FOUR, CPOG, SRDG, ASFX


(M2 PressWIRE Via Acquire Media NewsEdge)
RDATE:21082008

Our Stocks to Watch today include Advanced Cell Technology Inc. (OTC:
ACTC), 4C Controls Inc. (OTCBB: FOUR), Capital Oil & Gas Inc. (OTC:
CPOG), Southridge Enterprises Inc. (OTCBB: SRDG) and American
Scientific Resources Inc. (OTC: ASFX).

Visit http://www.otcpicks.com to register for our Daily Market Mover's
Digest Newsletter and Email Stock Watch Alerts.

ADVANCED CELL TECHNOLOGY INCORPORATED (OTC: ACTC) "Up 7.14% in morning
trading"

Detailed Quote: http://www.otcpicks.com/quotes/ACTC.php

Advanced Cell Technology, Inc., a biotechnology company, engages in the
development and commercialization of human embryonic and adult stem
cell technology in the field of regenerative medicine. It primarily
focuses on cellular reprogramming, reduced complexity program, and stem
cell differentiation research programs. The company also develops adult
stem cell-based products that are specifically targeted at therapies
for heart and other cardiovascular diseases. It also plans to develop
and commercialize products for use in the treatment of an array of
chronic degenerative diseases and in regenerative repair of acute
disease, such as trauma, infarction, and burns. The company has
research and license agreements with University of Massachusetts, Wake
Forest University, WiCell Research Institute, Inc., Kirin Beer
Kabushiki Kaisha, and Start Licensing. Advanced Cell Technology, Inc.
is headquartered in Worcester, Massachusetts.

ACTC News:

August 19 - Clinical-Scale Generation of Functional Red Blood Cells
from Human Embryonic Stem Cells

Could be a potentially inexhaustible source of "universal" blood for
transfusion

Advanced Cell Technology, Inc. (OTC: ACTC) ("ACT") reported that it is
feasible to differentiate and mature human embryonic stem cells (hESCs)
into functional oxygen-carrying red blood cells (RBCs) under conditions
suitable for scale-up. The research, which appears online
(pre-published ahead of print) in the journal Blood -the leading
publication in the field - by ACTC and its collaborators at the Mayo
Clinic and the University of Illinois, shows for the first time that
the oxygen-carrying capacity of hESC-derived blood cells is comparable
to normal transfusable RBCs, and that the cells respond to biochemical
changes in a physiologically effective manner.

"Limitations in the supply of blood can have potentially
life-threatening consequences for patients with massive blood loss,"
said Robert Lanza, M.D., Chief Scientific Officer at ACT, and senior
author of the study. "Embryonic stem cells represent a new source of
cells that can be propagated and expanded indefinitely, providing a
potentially inexhaustible source of red blood cells for human therapy.
We can currently generate 10 to 100 billion red blood cells from a
single six-well plate of stem cells. The identification of a stem cell
line with "O -" blood-type would permit the production of compatible
"universal donor" blood. We also have work underway to generate
reprogrammed (iPS) stem cells from individuals with universal-donor
blood."

The efficient and controlled differentiation of hESCs into homogeneous
RBC populations has not been previously achieved. This paper describes
for the first time the generation of RBCs from hESCs with
oxygen-transporting capacity, and that the functional properties of
these cells are similar to those of normal erythrocytes. Multiple stem
cell lines were stimulated to undergo differentiation in vitro to form
functional RBCs (blood types A, B, O, and both RhD+ and RhD-) on a
large scale under conditions suitable for scale-up and clinical
translation. Although alternative sources of progenitors for the
generation of large-scale transfusable RBCs have been investigated,
including cord blood, bone marrow and peripheral blood, it is clear
that even after expansion and differentiation, these sources represent
donor-limited sources of RBCs. Moreover, the low prevalence of O(-)
type blood in the general population further intensifies the
consequences of blood shortages for emergency situations and
battlefield trauma care, where the need for blood typing can imposes
serious delays in initiating transfusions

Another critical issue for clinical utilization of hESC-derived RBCs is
whether they can be enucleated in vitro. "We show that up to 65% of the
blood cells underwent multiple maturation events that resulted in the
extrusion of the nucleus," stated Shi-Jiang Lu, Ph.D., Director of
Differentiation at ACT and first author of the paper. "They formed
enucleated erythrocytes with a diameter of 6-8 m, which is similar to
normal red blood cells. We also showed that the cells could express
adult -globin and respond normally to biochemical changes."

"We believe this breakthrough could potentially benefit many
Americans," stated William M. Caldwell, CEO and Chairman of ACTC.
"Although more work is required before this can move into the clinic,
we are pleased with the rapid progress that is being made by our
scientists and others. We are optimistic about the potential future
role for stem cells as a donorless source of blood for transfusion"

The researchers of the paper from Advanced Cell Technology collaborated
with scientists from the University of Illinois at Chicago, and the
Mayo Clinic, Rochester, Minnesota. The paper's other authors are Qiang
Feng and Jennifer Park of ACT, Loyda Vida, Bao-Shiang Lee, and George
Honig at the University of Florida, and Michael Strausbauch and Peter
Wettstein at the Mayo Clinic.

4C CONTROLS INCORPORATED (OTCBB: FOUR) "Up 15.00% in morning trading"

Detailed Quote: http://www.otcpicks.com/quotes/FOUR.php

4C Controls, Inc. does not have significant operations. The Company
intends to create strategic affiliations with international security
and surveillance enterprises serving security markets worldwide and
establish an ability to design, manage, and integrate high technology
security solutions. The company, formerly known as Amecs, Inc., was
founded in 2004 and is based in New York, New York. 4C Controls Inc. is
a subsidiary of Rudana Investment Group AG.

FOUR News:

August 18 - 4C Controls Announces the Appointment of Dr. Philip Hayden
as Vice President, Security Assessment & Threat Analysis

4C Controls Inc. (OTCBB: FOUR) announced it has appointed FBI
Supervising Special Agent (Ret.) Dr. Philip Hayden as its Vice
President, Security Assessment & Threats Analysis.

Dr. Hayden comes to 4C Controls after a distinguished career with the
Federal Bureau of Investigation. Dr. Philip Hayden has spent years
involved in many aspects of law enforcement and security. While in the
United States Army, he was trained in infantry and demolitions and went
through airborne, ranger, pathfinder, jungle and sniper schools. He
received the Purple Heart, Bronze Star for Valor and the Distinguished
Service Cross for his heroic actions in Vietnam.

Duties And Contributions

Dr. Hayden comes to 4C Controls mandated to establish the world's
finest security assessment team. With 4 decades of experience in law
enforcement, military, counter-terrorism and security and surveillance,
Dr. Hayden's expertise working with the management team at 4C Controls
assures both capability and dedication at the heart of every 4C
Controls project.

ABOUT DR. HAYDEN

Since the early 1970s, Dr. Hayden worked as a Supervisory Special Agent
for the Federal Bureau of Investigation as a case agent where he was
involved in criminal cases, organized crime, and foreign
counterintelligence. He also served as a program manager and tactical
instructor at the FBI Academy in Quantico, Virginia. Dr. Hayden has
certifications in Tactics and Defensive Tactics, Special Weapons and
Tactics (SWAT), Crisis Management, Firearms and Hostage Negotiation.
Through his many years of experience, training and instructing, he has
designed, developed and implemented lesson plans on subjects ranging
from making arrests and handling subjects to tactical air operations.
Dr. Hayden has authored numerous law enforcement articles and produced
a variety of videos on law enforcement techniques.

As a private consultant, Dr. Hayden has conducted security assessments
and designed security analysis programs for the public and private
sectors.

For the past decade, Dr. Hayden has used his knowledge and experience
as an expert witness specializing in areas of law enforcement such as
use of force, arrest procedures and tactical training. He has
coordinated and directed training for police officers and designed
programs for national and international police officer safety and
survival courses.. He has also lectured and been a keynote and
motivational speaker at national and international police conferences,
colleges and universities.

Dr. Hayden is also an internationally known and highly regarded
business consultant and thought leader focused on the creation and
refinement of effective business strategies. He is an expert in the
development of management teams, the execution of business plans and
the development and training of the people that execute those
strategies.

As a thought leader in the concept of consultative relationship
building and customer maximization strategies, Dr. Hayden has pioneered
these ideas throughout the financial services industry, business
services segment and the insurance/risk mitigation business platforms.
His innovative approaches to strategy, training and people empowerment
lead the way to better customer relationships, stronger more cohesive
internal teams and improved business results.

CAPITAL OIL & GAS INCORPORATED (OTC: CPOG) "Up 20.00% in morning
trading"

Detailed Quote: http://www.otcpicks.com/quotes/CPOG.php

Capital Oil & Gas operates retail filling stations/convenience stores
throughout the State of Florida; the company is aggressively seeking
additional acquisitions that can meet its financial criteria. Visit
www.capitaloilgroup.net for more information.

CPOG News:

August 21 - Capital Oil & Gas, Inc. Has Entered Negotiations to Acquire
Eleven Additional Full Service Gas Stations all With
Convenience/Mini-Mart Stores on Location

Capital Oil & Gas, Inc. (OTC: CPOG) announced that it has entered
serious negotiations to acquire or lease eleven additional full service
gas and convenience store stations in Florida to add to its growing
retail petroleum & mini-mart portfolio.

The company believes that these additional eleven stations upon
completion of negotiations and taking possession/closing of the
properties will add additional revenues of approximately $55,000,000 to
$60,000,000 million dollars per year in gross revenues to its ongoing
operations and revenue stream.

The company will pay for these acquisitions/leases from existing cash
flow & bank financing and cash flow from the new properties and will
not alter the capital structure of the company as management views any
use of its equities to finance these acquisitions as being totally
against the company's overall growth strategy.

Upon the successful completion of these eleven properties and the
pending closing of there other three previously announced properties,
the company will control fifteen properties with projected annual gross
revenues of 85,000,000 to 92,000,000 million dollars per year with a
pre-tax profit margin of between 8% and 12%.

"As previously stated, it is the intent of executive management to
control either by acquisitions or leases enough stations to generate a
minimum of $100,000,000 million dollars per year in revenue, with a
potential pre-tax profit margin of 8% to 12% per year overall. The
company believes that it would then be in a position to become a fully
reporting company and leverage its buying power from its suppliers,"
said Mr. Ariel Rodriguez, President & COO.

SOUTHRIDGE ENTERPRISES (OTCBB: SRDG) "Up 3.33% in morning trading"

Detailed Quote: http://www.otcpicks.com/quotes/SRDG.php

Southridge Enterprises is a renewable energy company with a mission to

become the ethanol producer of choice in the southeastern region of the
United States. The Company is focusing its efforts in an area which
offers abundant supplies of corn, superior transportation
infrastructure and expedited permitting processes. The Company is
actively acquiring and developing ethanol production facilities and
anticipates start-up of the first phase of these operations in 2009.
Southridge Enterprises is headquartered in Dallas, Texas. For more
information, visit www.southridgeethanol.com.

SRDG News:


August 20 - Southridge Signs $48 Million Ethanol Sales Agreement

Southridge Enterprises, Inc. (OTCBB: SRDG) (the "Company") announced
that it has entered into an ethanol sales agreement with Hong Kong
based Jinsung Ho Trading Group (JHTG) for the supply of 20 million
gallons of ethanol per year. Deliveries are expected to begin in
October 2008. The ethanol is being sourced from Petrozilian Energia SA
(PES) from Brazil.

Over the last several quarters the company completed several similar
ethanol sale transactions with European based buyers. However, this new
transaction with JHTG is a direct result of our increased exposure from
the Company's market awareness program in the Asian Pacific Rim. The
Company expects this to be the first of many purchases to come from
that region.

AMERICAN SCIENTIFIC RESOURCES INCORPORATED (OTC: ASFX) "Up 9.09% in
morning trading"

Detailed Quote: http://www.otcpicks.com/quotes/ASFX.php

American Scientific Resources, Inc. manufactures and distributes
medical products and supplies. The company, also known as Ulster
Scientific, is based in New Paltz, New York.

ASFX News:

August 20 - American Scientific Resources Receives Commitment for Five
Million Dollar Line of Credit

American Scientific Resources, Inc. (OTC: ASFX) announced that the
Company has received a commitment for a line of credit of up to five
million dollars with Ashford Finance, Inc., a prominent New York based
corporate financing entity. The multi-million dollar line of credit
must be strictly used for Purchase Order and Accounts Receivable
financing for the Company's subsidiary, Kidz-Med, Inc., a leading
provider of innovative health and safety devices for children.

An additional line for inventory financing is also in process, which
will enhance Kidz-Med's operational cash position.

Dr. Christopher F. Tirotta, CEO of American Scientific Resources, Inc.
said, "With the financing in place, we are truly looking forward to
having financial stability, giving confidence to our current and future
vendors. Immediately, we intend to use the credit for PO financing
without incurring dilution. Being this has nothing to do with equity,
the line of credit is designed to enhance our cash position as we
strive to bring other innovative products to the US market. Coupled
with our recent announcement about supplying the world's largest baby
retailer, this is a major step forward for ASFX." American Scientific
Resources and Kidz-Med will announce additional financing news as
warranted.

ABOUT ASHFORD FINANCE, INC.

Ashford Finance is a specialized finance company based in New York,
providing creative short-term transactional financing for importers,
exporters and other short-term borrowers who have challenges in
securing bank financing. Ashford specializes in all aspects of Trade
Financing from providing Purchase Order Financing of up to 100% of
cost, addressing all the Letter of Credit needs of our customers, to
Factoring and financing of receivables.

ABOUT AMERICAN SCIENTIFIC RESOURCES, INC.

American Scientific Resources, Inc. is a leading provider of innovative
health and safety products through its Kidz-Med, Inc. and Heart Smart
System, Inc. Kidz-Med distributes unique health and safety-related
pediatric products, including the Kidz-Med Thermofocus 5-in-1, the
world's first clinical non-contact thermometer. Heart Smart System
supplies nutraceutical supplements developed to aid in the prevention
of cardiovascular disease.

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