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OTCPicks.com: OTCPicks.com Daily Market Movers Digest Midday Report
for Thursday, July 24th GNAU, CELI, CABN, PODM, CNEX, RPDI
(M2 PressWIRE Via Acquire Media NewsEdge)
RDATE:24072008
Our Stocks to Watch today include General Automotive Co. (OTCBB: GNAU),
CelebDirect Inc. (OTC: CELI), Carbon Sciences Inc. (OTCBB: CABN),
Podium Venture Group/Capital Oil & Gas Inc. (OTC: PODM), Cannon
Exploration Inc. (OTC: CNEX), Rapid Fitness Inc. (OTC: RPDI)
Visit http://www.otcpicks.com to register for our Daily Market Mover's
Digest Newsletter and Email Stock Watch Alerts.
GENERAL AUTOMOTIVE COMPANY (OTCBB: GNAU) "Up 100.00% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/GNAU.php
Company Profile:
http://www.otcpicks.com/general-automotive/general-automotive-2.htm
General Automotive Company ("GAC") is a provider of original equipment
and aftermarket automotive parts, mobile electronics, and related
automotive products at multiple levels of distribution throughout the
United States and internationally. Through its two wholly owned
subsidiaries, Global Parts Direct and OE Source, the company focuses
its efforts on utilizing its relationships with manufacturers in China,
Korea and Japan to bring state-of-the-art automotive parts, accessories
and products to automobile manufacturers and major parts distributors
in the U.S. For more information on GAC and its products, visit
www.generalautomotive.com.
GNAU News:
July 24 - General Automotive Announces Joint Venture to Develop and
Market Advanced Fuel Cell Technology
* Partners with SenCer to Commercialize Breakthrough Approach for
Powering Vehicles
* Additional Goal of Developing Next-Generation Oxygen Sensors
General Automotive Company (OTCBB: GNAU) ("GA"), a global provider of
parts, accessories and advanced technology for the automotive industry,
today announced a joint venture with SenCer Inc. to develop,
commercialize and market SenCer's groundbreaking UltraTemp ceramic
composite materials for accelerating the development of
energy-efficient, environmentally friendly fuel cell technologies. The
joint venture will also advance the development of next-generation
oxygen sensors, which represent a significant part of GA's current
business.
A Rochester, NY-based research firm known for its engineering expertise
in advanced ceramic systems, SenCer has developed a series of
next-generation ceramic fiber/ ceramic matrix composite materials with
a wide variety of applications, including fuel cell stacks for powering
automotive engines. The goal of the joint venture will be to develop a
series of prototypes that will significantly advance the process of
commercializing and, ultimately, mass producing fuel cells.
GA President and CEO Joseph DeFrancisci commented, "Hydrogen-powered
fuel cells are widely viewed as a potential solution for higher energy
prices and environmentally damaging emissions. The automotive sector,
in particular, stands to reap tremendous benefits from this emerging
technology as the engineering challenges that have confronted the
industry to date are solved.
"SenCer's groundbreaking technology solves the two most persistent
problems in fuel cell design - cost and durability - by replacing
expensive platinum conductors with co-fired proprietary ceramic
conductive layers. This is a breakthrough approach, and we are pleased
to position GA at the forefront of this important effort through our
joint venture with SenCer, which over the last 10 years has provided
research and core ceramic materials to some of the leading developers
of solid oxide fuel cells (SOFC).
"Additionally, the joint venture offers GA important benefits in the
short term since SenCer's ceramic composite technology is also key to
the design of next-generation oxygen sensors, which constitute an
important revenue stream for GA today."
David Burt, President of SenCer and Chief Technology Officer of the new
joint venture, stated, "We're very excited about the opportunity to
partner with GA, whose business start-up and marketing capabilities
will be key ingredients to our success. SenCer has taken a different
direction to solving problems in fuel cell design by developing our
UltraTemp Ceramic Composite as a support system for conductive ceramic
layers. Our proprietary system is field-proven to bond multiple layers
for long life and at low cost at temperatures almost twice that of
conventional fuel cells. In addition we have a system that can operate
at temperatures much lower than traditional SOFCs, thereby providing
even longer life."
Mr. DeFrancisci concluded, "By combining SenCer's breakthrough
technology with GA's business know-how and extensive industry contacts,
we believe we can have a real impact on advancing the development and
deployment of automotive fuel cell technology and on the design of more
sophisticated oxygen sensors to help maximize fuel economy and minimize
exhaust emissions. Cost-effective and durable fuel cell systems can
provide an answer to some of the most pressing global problems, and our
joint venture will help realize the tremendous potential of this field."
ABOUT SENCER INC.
Established in 1996, SenCer Inc. is a technology research firm that has
developed a ceramic composite material, UltraTemp, with remarkable
thermal properties and bonding capabilities. The new technology has
applications in oxygen sensing (automotive and medical markets); oxygen
generation (aluminum - inert anodes, gas generation, medical); and
power generation (fuel cell technology). SenCer has been a
behind-the-scenes player in many developments using ceramic composites.
It maintains a 20,000 square foot manufacturing facility in Penn Yan,
NY.
CELEBDIRECT INCORPORATED (OTC: CELI)
Detailed Quote: http://www.otcpicks.com/quotes/CELI.php
Company Profile: http://www.otcpicks.com/celebdirect/celebdirect-2.htm
CelebDirect's primary business is that of a direct response celebrity
incubator and has two divisions which are direct response marketing and
Celebrity placement / franchise opportunities. CelebDirect brings to
the market unique and innovative products via direct to market
strategies such as infomercials, advertorials and other associated
advertising vehicles to expeditiously, economically and broadly market
products throughout North American as well as a global basis.
CelebDirect has a number of consumer-oriented products it is evaluating
and others it is currently bringing to market.
CELI News:
July 24 - CelebDirect Developing a Fresh New Concept for the 30 Minute
Muscle Flex Infomercial for Its North American Release
CelebDirect (OTC: CELI) is developing its 30-minute Muscle Flex
(www.muscleflex.tv) infomercial with a fresh new concept for its North
American release. It promises to be on the leading edge of commerce
orientated Direct Response television production. Many of the parts are
in place including Monica Brant, IFBB Fitness Olympia Champion, as
Co-Host as well as many more surprise "high profile" personalities.
The concept behind the Muscle Flex infomercial is a high impact,
overtly entertaining feel with a "non-scripted" spontaneous format that
allows for all the personalities to really come through. It is being
developed in a way that will allow for the Muscle Flex to become a
personality in itself and allow for the celebrities and personalities
working with the Muscle Flex on the set to be themselves and "merge"
with the product.
"Our sales goal is 5,000 units monthly within 9-12 months upon
nationwide release of the Muscle Flex television infomercial. The
Muscle Flex is a new and inspiring exercise machine and the infomercial
must inspire the same. We want to stay far away from the 'cookie
cutter' and 'stylized' way that infomercials have been filmed over the
last few years," commented Danny Alex, CEO of CelebDirect. "The Muscle
Flex is an amazing in-home fitness machine that is amazing in actually
delivering quick and long lasting results
we will have people falling in love with in-home exercise again."
The television infomercial format is a proven methodology of marketing
fitness products and the Muscle Flex is tailor-made for this kind of
marketing. Television infomercials have generated numerous
multi-million and even some billion dollar plus products in the
exercise and fitness idioms. CelebDirect anticipates that the Muscle
Flex will be a giant hit with an audience that is looking for a new,
dependable and fun way of in-home exercise.
The Muscle Flex is the only machine of its kind that delivers strength,
flexibility and cardio training all in one fluid gliding motion. It
also improves posture, sculpts and tones, and develops long lean toned
muscles. The most popular fitness phenomenon is creating long, lean
muscles by combining toning and stretching against resistance. With the
population of America rapidly aging, body toning and stretching will
undoubtedly be the next "fitness craze." Go to www.muscleflex.tv to see
the Muscle Flex and to pre-order yours today.
CARBON SCIENCES INCORPORATED (OTCBB: CABN)
Detailed Quote: www.otcpicks.com/quotes/CABN.php
Company Profile: www.otcpicks.com/carbon-sciences/carbon-sciences-2.htm
Carbon Sciences, Inc. focuses on developing GreenCarbon technology to
convert carbon dioxide into a form that would not contribute to global
warming. Its GreenCarbon technology is targeted at coal-fired
electrical power plants and fuel production plants. The company was
founded in 2006 as Zingerang, Inc. and changed its name to Carbon
Sciences, Inc. in April 2007. Carbon Sciences, Inc. is based in Santa
Barbara, California.
CABN News:
July 24 - Popular Mechanics Features Carbon Sciences
Article Describes Carbon Transformation as a "No-Brainer"
Carbon Sciences Inc. (OTCBB: CABN), the developer of a breakthrough
technology to transform earth destroying carbon dioxide (CO2) into
earth friendly carbon products, announced that the company's technology
was featured by Popular Mechanics, the national magazine and popular
website known for its coverage of science and technology. The article,
initially released on the home page of www.popularmechanics.com,
included a photo of Derek McLeish, CEO of Carbon Sciences Inc., and the
company's technology prototype.
The article describes Carbon Sciences and its novel CO2 transformation
technology as well as the company's Mobile Prototype. The Mobile
Prototype is a specially constructed vehicle used to demonstrate Carbon
Sciences' breakthrough carbon transformation technology for converting
harmful CO2 into carbonate products for use in building materials,
paper, plastics, fertilizers and other industrial applications.
In addition, the article solicited comments from scientists and
business experts about the potential market for Carbon Sciences. In
commentary about Carbon Sciences' technology, Lara Abrams, a San
Francisco-based business strategist, states: "This technology will
catch on in the marketplace. It's the most intelligent and viable
approach to CO2 capture and re-use I've seen thus far."
Commenting on the article, Mr. McLeish said: "Popular Mechanics has
always been a leader in highlighting emerging new technologies. As a
reader since 1962, I am honored to have the magazine report on our
company's technology and its potential in the marketplace. From
prestigious magazines to presidential nominees, we are seeing growing
interest and awareness for CO2 mitigation solutions. This speaks
volumes about our market opportunities and the timing of our
commercialization strategy."
The archived article can be viewed at can be viewed at:
www.popularmechanics.com/science/earth/4274541.html.
PODIUM VENTURE GROUP (OTC: PODM) "Up 100.00% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/PODM.php
Podium Venture Group Inc. (www.podiumvg.com) is a holding company with
holdings in wireless broadband and disaster recovery & business
continuity. Coastal Broadband (www.coastalbb.com) is a subsidiary of
Podium Venture Group and is a wireless broadband provider in Southern
Georgia. Noh Limits Consulting (www.nohlimits.com) represents Podium
Venture Groups holdings in the disaster recovery & business continuity
markets.
PODM News:
July 24 - Capital Oil & Gas, Inc. Has Agreed to Acquire Three
Additional Locations
Capital Oil & Gas, Inc. (OTC: PODM) announced that it has agreed to
acquire/lease three additional full service gas/convenience stations in
Florida to add to its growing portfolio.
The company believes that these additional three stations will add an
additional $18,000,000 to $20,000,000 million per year in revenues to
its ongoing operations/revenue stream.
The company will pay for these acquisitions/leases from existing cash
flow and will not impede on the capital structure of the company as
management views any change in capital structure as counter productive.
"It is the intent of executive management to acquire/lease enough
stations to generate a minimum of $100,000,000 million per year in
revenue, with a potential profit margin of 8% to 10% per year overall,
the company believes that it would then be in a position to become a
fully reporting company and move to a more respectable venue," said Mr.
Ariel Rodriguez, President & COO.
ABOUT CAPITAL OIL & GAS, INC.
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. For more
info, visit www.capitaloilgroup.net.
July 23 - Podium Venture Group Board of Directors Has Agreed to Acquire
Capital Oil & Gas, Inc.
Podium Venture Group, Inc. (OTC: PODM), announced that its Board of
Directors has approved the acquisition of Capital Oil & Gas, Inc. as a
wholly owned subsidiary of Podium Venture Group.
Capital Oil & Gas operates retail gas stations with convenience stores
under the Chevron brand; the company will have revenues in excess of
$25,000,000 dollars per year.
"The company is extremely excited to complete this acquisition and will
continue to add new locations on a regular basis; the company has
already contracted additional locations that will add significant
additional revenues and growth to our existing revenue stream," said
Mr. Ariel Rodriguez, President & COO.
CANNON EXPLORATION INCORPORATED (OTC: CNEX) "Up 72.73% in morning
trading"
Detailed Quote: http://www.otcpicks.com/quotes/CNEX.php
Cannon Exploration is positioning itself to emerge as a pre-eminent
resource exploration company in the North American mining industry, and
particularly properties located in preferred mining districts in Canada.
CNEX News:
July 24 - Cannon Exploration Inc. Announces Acquisition
Exercises Option Agreement for up to 100% Ownership of "The Queen
Alexandra" Gold Mine Cannon Exploration Inc. (OTC: CNEX) announced that
it has exercised its option to acquire 100% ownership of The Queen
Alexandra Mine, located outside of Dryden, in Northern Ontario, Canada,
having fully satisfied their requirements relating to the due diligence
and initial earn in.
The Queen Alexandra Mine has known gold values, having produced gold in
the past. Based on the historical data available, a recent geophysical
testing program, completed by Cannon Exploration, demonstrated a
possible extension of the mineralized zone.
Cannon Exploration Inc. will now begin full exploration of the Queen
Alexandra property.
More information and data will be released in the coming weeks as it
becomes available.
RAPID FITNESS INCORPORATED (OTC: RPDI) "Up 50.00% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/RPDI.php
Rapid Fitness Inc. offers fitness and health services to women. The
company provides circuit training, indoor tanning, supervised child
care, group exercise classes, yoga, pilates, aerobics studio, and
personal training services. Additionally, it offers nutritional
programs, rapid fitness learning center, and massage therapy services.
Rapid Fitness Inc. is headquartered in Hollywood, Florida.
RPDI News:
July 24 - Rapid Fitness, Inc. Announces Company Has Signed a LOI With
ERHU, a Privately Held Company.
Rapid Fitness, Inc. (OTC: RPDI), a publicly traded company, announced
that the Company has signed a letter of intent (LOI) to acquire ERHU,
Inc. a privately held medical industry company and developer of the
ERHU (Emergency Response Hospital Unit).
ERHU has designed a first-of-its-kind mobile emergency response
hospital which the company plans to develop and market worldwide. The
Company intends to position itself as a major participant in the global
medical Industry with capabilities of unit sales and rentals to
governments, NGOs (non-government organizations) and communities
throughout the world. ERHU's uniquely designed and patented plan is in
development now, and the Company is already seeking partnership with a
motor home manufacturer.
ABOUT ERHU
ERHU, Inc. has designed and developed a mobile Emergency Response
Hospital Unit to be marketed and delivered worldwide. The ERHU was
developed in an era of increased threats to population including
violent acts of terrorism and unparalleled natural disasters. Mr.
Victor Adams of ERHU, Inc. was inspired to develop the revolutionary
ERHU - a completely mobile, and self-sufficient hospital and temporary
housing unit, after designing a similar inflatable mock hospital unit
for MGM's sci-fi hit "Star Trek." His patented design can be previewed
at www.globalweb.tv/erhu. Password: ERHU.
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OTCPicks.com is an Internet destination for investors seeking
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Disclaimer: Never invest in any stock featured on our site or emails
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