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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. ABOUT OTCPICKS.COM OTCPicks.com is an Internet destination for investors seeking information on smallcap and microcap companies. The web site features companies in Profile Campaigns, Executive Interviews and Profile Research Reports authored by our financial writers. We publish a daily Newsletter to subscribers, and we publish our Daily Market Movers Digest which is sent out on the M2 Presswire several times daily highlighting hot OTC and OTCBB stocks. To feature a company on our web site or in our daily Newsletter or Market Mover's Digest, please contact our publisher, Brian Dean at 972-546-3740, or via email at [email protected]. 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