OTCPicks.com: OTCPicks.com Daily Market Movers Digest Midday Report for Wednesday, October 22nd MFGD, RMDM, ICOG, BNPD, BBDA, BLLK

Oct 22, 2008 (M2 PRESSWIRE via COMTEX) -- RMDM | Quote | Chart | News | PowerRating -- Our Stocks to Watch today include Money4Gold Holdings Inc. (OTCBB: MFGD), RMD Entertainment Inc. (OTC: RMDM), ICO Global Communications Ltd. (Nasdaq: ICOG), Bionic Products Inc. (OTC: BNPD), Bebida Beverage Co. (OTC: BBDA | Quote | Chart | News | PowerRating) and Blackstone Lake Minerals Inc. (OTCBB: BLLK).

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MONEY4GOLD HOLDINGS INCORPORATED (OTCBB: MFGD)

Detailed Quote: www.otcpicks.com/quotes/MFGD.php

Company Profile: http://www.otcpicks.com/money4gold-holdings.htm

Money4Gold's mission is to increase shareholder value by producing gold, platinum and silver in increasing quantity, and without the risks of mining, large capital costs or the attendant environmental and political hazards. Management believes Money4Gold can offer the upside potential of the thriving precious metals markets by the broad-scale acquisition, recycling and production of gold, platinum and silver, while concurrently providing a new level of service and payout to individuals and groups wanting to sell their precious metals. Through Money4Gold's consumer websites, including www.Dollars4Gold.com, the company strives to provide the most convenient, efficient and secure method for individuals to recycle items containing precious metals.

MFGD News:

October 20 - Money4Gold Holdings Inc. Excels During First Quarter as Public Company

Money4Gold Holdings Inc. (OTCBB: MFGD | Quote | Chart | News | PowerRating) has completed its first full quarter of operations as a public company, experiencing significant growth while validating operating models.

The Company initiated operations in the second quarter and began recognizing revenue in July. Management has found a direct correlation between requests from customers to receive the Company's mailer permitting them to send in gold and other recyclable precious metals, and the revenue the Company recognizes. The number of requests has dramatically increased, which will be reflected in our revenue for the fourth quarter of 2008. The Company is also achieving payment acceptance rates of approximately 95%, indicating that Money4Gold's payout percentages have been directly in line with or exceeding customer expectations.

"The 3rd quarter was a very successful testing phase for our expanded marketing, collection, refining, and customer relations initiatives," stated Daniel Brauser, president and chief operating officer of Money4Gold Holdings, Inc. "Our performance exceeded internal expectations, completely supported our business model assumptions, and the results from the second half of September to date, which will be recognized in the fourth quarter, indicate further significant growth as we continue to execute in the 4th quarter."

With confidence gained from the Company's successes thus far, management will continue to expand on Money4Gold's multi-tiered marketing campaign encompassing radio, television, on-line, and alternative media in the 4th quarter.

Money4Gold Holdings Inc., plans to release 3rd quarter financials during November.

RMD ENTERTAINMENT GROUP (OTC: RMDM | Quote | Chart | News | PowerRating) "Up 100.00% in morning trading"

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

RMD Entertainment Group, an entertainment company, primarily focuses on the development and marketing of hip-hop music in the United States and internationally. It develops and markets hip-hop music, including compact discs, digital downloads, and personal ring tones for mobile phone customers, as well as other hip-hop lifestyle products. The company has also created MOTV, which streams video content to mobile devices, including cell phones and PDAs. It markets its products primarily through distributors. RMD Entertainment Group is based in Philadelphia, Pennsylvania.

RMDM News:

October 20 - RMD Entertainment Group Appoints New CEO and New Management

RMD Entertainment (OTC: RMDM | Quote | Chart | News | PowerRating) announced the appointment of Mr. Wynn Wang as its new President and CEO. Wynn established Beijing Innotrek Technology CO., Ltd in November 2003 as a high technology enterprise. Wynn was also instrumental to the development of proprietary new technologies that have been successfully patented.

Wynn quickly attracted a team of professional staff with outstanding backgrounds in various important corporate functions, i.e., marketing, technical etc.

Other appointees to the RMD management team include Mr. Tao Cheng as Managing Director in Technology and Mr. Wu Dan as COO. Wynn is also pleased to have accepted Mr. Winters' appointment as RMD's Secretary, Corporate Affairs and Expansions and Compliance Officer. Mr. Wang said "There appears to be some abuse vis-a-vis the previous management's share distribution and payments for services in shares. Mr. Winters has already received written confirmation for the return of 1.7 billion shares which will immediately be retired to the treasury and he is currently discussing the best way to recover an additional approximately 3 billion shares back that appear to have been issued without due consideration with our legal advisors. It is my opinion that Mr. Winters is the most qualified and most aggressive candidate for assisting us in recovering these shares. Mr. Winters has already contacted the company's transfer agent to begin this process.

Our first line of business is to return some respectability to our unfairly battered share price. Mr. Winters has already identified 1 possible game developer merger candidate for us in Australia. We will keep our shareholders advised of all events promptly"

Innotrek focuses on research and development of advanced broadband technology using Power Line Communication (PLC), long a promising, but unfulfilled, technology to provide broadband over existing copper and cable wires. The Company has developed a proprietary technological approach that resolves the issues commonly encountered when trying to install this type of service. This allows hotels to offer broadband services over existing infrastructure at a much lower cost than alternative forms of LAN networks, while meeting the requirements of ISO 9000. Wynn was also instrumental to attaining patent rights for the proprietary technology Innotrek has developed.

ICO GLOBAL COMMUNICATIONS LIMITED (NASDAQ: ICOG | Quote | Chart | News | PowerRating) "Up 39.19% in morning trading"

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

ICO Global Communications (Holdings) Limited, a development stage company, provides mobile satellite services (MSS) using geosynchronous earth orbit satellite in the United States and internationally. It operates a medium earth orbit satellite system in the 2 GHz band that provides data gathering services. The company also develops a hybrid MSS/ATC System with satellite and terrestrial communications capabilities. Its MSS/ATC System allows providing wireless voice, video, data, and Internet service on mobile and portable devices. The company was founded in 1995 and is based in Reston, Virginia.

ICOG News:

October 21 - Jury Awards ICO at Least $371 Million Plus Interest in Boeing Lawsuit

ICO Global Communications (Holdings) Limited (ICO) (Nasdaq: ICOG | Quote | Chart | News | PowerRating) was awarded at least $371 million in its litigation with The Boeing Company and Boeing Satellite Systems International (Boeing and BSSI). The jury's verdict awards ICO $371 million against BSSI, composed of $279 million for breach of contract and fraud with regard to satellite pricing and $91.6 million for fraud with regard to launches. The jury also awarded ICO $91.6 million against BSSI's parent company, Boeing, for tortious interference. Whether ICO can collect $91.6 million from Boeing in addition to the $371 million from BSSI will be the subject of further proceedings. The award does not include any pre-judgment interest that is to be applied by the Judge under California law. In view of the jury's finding that BSSI and Boeing acted against ICO with malice, oppression or fraud, beginning on Tuesday, October 28, the jury will hear evidence and argument to determine the amount, if any, of punitive damages to be awarded to ICO.

"The jury has now ruled on the facts in this case, and we are pleased that this case has reached a verdict after years of litigation," commented John Flynn, executive vice president and general counsel for ICO. "The jury agreed with ICO's claims regarding fraud, breach of contract and tortious interference on the part of Boeing and its BSSI subsidiary."

ICO will host a conference call to discuss the outcome and respond to questions at 8:30 am eastern time on Wednesday, October 22. The dial in number is 800-227-9428 (or 785-830-1925). The confirmation code for the call is 1294873. A replay of the call will be available for 30 days and can be accessed at 888-203-1112.

The trial began on June 16, 2008. Case information can be found at www.lasuperiorcourt.org, case number BC320115.

BIONIC PRODUCTS INCORPORATED (OTC: BNPD | Quote | Chart | News | PowerRating) "Up 20.00% in morning trading"

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

Bionic-Tonic and LadyPink are refreshing energy drinks that provide an increase in energy without the calories and sugar. Our products contain the finest ingredients available to assist metabolic levels and burn calories. The power and energy drink along with shot-size boosters business is one of the fastest growing sectors in the entire beverage industry. Bionic Products, Inc. is a Nevada Corporation formed for the purpose of discovering, developing and marketing breakthrough energy drinks and bottled water that will enhance the health and wellness of consumers.

BNPD News:

October 22 - Bionic Products, Inc. Signs Distribution & Vending Agreement With Best Value Vending

Bionic Products, Inc. (OTC: BNPD | Quote | Chart | News | PowerRating) announced Bionic-Tonic will be sold by Best Value Vending. Best Value Vending sells food and beverages throughout the Las Vegas area. This vendor has a well established vending route that includes 80 vending machines located in diverse businesses. Bionic-Tonic will now be available for purchase in Best Value locations that range from entertainment facilities, Hotels, restaurants, car dealerships and nightclubs.

According to Senior Management of Bionic Products, "Increased diversity of distribution channels coupled with a major marketing campaign will lead to parabolic sales growth. Our superior product will be exposed to a larger audience and will bring our company tremendous opportunities."

BEBIDA BEVERAGE COMPANY (OTC: BBDA | Quote | Chart | News | PowerRating) "Up 20.00% in morning trading"

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

The company, formerly known as Fortis Enterprises, was founded in 2000 and is based in Casselberry, Florida. On Sept. 4, 2008, Renovo Holdings announced that the company had changed its name to Bebida Beverage Company and would be locating the base of the company's North American presence in Las Vegas, NV. Rodrigo Makarios leads the management team and operations from facilities located in Sao Jose dos Pinhais, Brazil. Bebida Beverage Company under the leadership of President Makarios will concentrate operations on the bottled water and enhanced beverage markets of North and South America. Bebida's management will focus the company's business efforts within the United States and key target markets within Latin America.

BBDA News:

October 21 - Bebida Beverage Company to Further Reduce Shares Authorized

Bebida Beverage Company (OTC: BBDA | Quote | Chart | News | PowerRating) announced that the company will reduce the common stock authorized to 1.4 billion shares.

The company is preparing the necessary paperwork to reduce the common stock authorized from 2 billion shares down to 1.4 billion shares. The paperwork is being processed for submission and filing to the state's offices.

The company anticipates that shareholders will appreciate today's announcement to further reduce the number of shares authorized. Management intends to on a go-forward basis continue to monitor and evaluate the perceived market value of the company's shares in order to formulate any additional corporate policies related to future share structure reductions and/or stock buy-back programs.

As of October 21, 2008, the common stock outstanding for the company is 1,119,087,549 shares. As recently announced, the company is in the process of retiring a block of common stock, which will reduce the number of shares outstanding in an effort to increase shareholder value.

BLACKSTONE LAKE MINERALS INCORPORATED (OTCBB: BLLK | Quote | Chart | News | PowerRating) "Up 7.69% in morning trading"

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

Blackstone Lake Minerals, Inc., an exploration stage company, acquires and explores mineral properties primarily in Canada. It holds interest in Blackstone Lake property that hosts uranium and gold deposits covering approximately 9,600 hectares, located in north-central Saskatchewan, Canada. The company, formerly known as Skyflyer, Inc., was incorporated in 2004 and is based in Point Roberts, Washington.

BLLK News:

October 20 - Blackstone Lake Minerals Inc.: Entry Into Technology Purchase Agreement and Appoints James Sandino as a Director

Blackstone Lake Minerals Inc. (OTCBB: BLLK | Quote | Chart | News | PowerRating) (the "Company") announced that it has entered into a technology purchase agreement (the "Technology Purchase Agreement") dated October 16, 2008 with NY Financial (International) Corp. ("NY Financial"), Caleco Pharma Corp. ("Caleco"), the Company's wholly owned subsidiary, and John Boschert, the Company's sole executive officer and director. Under the terms of the Technology Purchase Agreement, NY Financial has agreed to assign and transfer its right, title and interest in the proprietary technology and the intellectual property related thereto, including all patent applications in the United States and Europe, developed by NY Financial for the treatment of liver disease and other ailments, particularly resulting from viral infection such as the Hepatitis C virus infection (the "Technology").

As consideration for the Technology, the Company and Caleco have agreed to pay NY Financial: (i) $50,000 within 10 days of entering into the Technology Purchase Agreement; (ii) $50,000 on closing; and (iii) to reimburse the documented costs related to the recording of the patents and the filing of the European Drug Master Files, which amount is not to exceed 550,000 EUR. As further consideration, Mr. Boschert has agreed to transfer 32,000,000 shares of the Company's common stock (the "Principal Shares") to NY Financial on closing.

The closing of the acquisition of the Technology is to occur on or before December 12, 2008. There are no assurances that the Company will be able to complete the acquisition of the Technology.

Appointment of James Sandino as a Director

The Company is also pleased to announce that it has appointed James Sandino to the Company's Board of Directors.

James Sandino has over twenty five years of marketing experience, including marketing in the healthcare industry. In 1970, Mr. Sandino obtained a Bachelor of Arts from St. John's University in Collegeville Minnesota. From 1996 to 2001, Mr. Sandino was the President and CEO of Lowe Consumer Healthcare World Wide, a consumer focused healthcare marketing agency. Since 2001, Mr. Sandino has been the President and CEO of the Sandino Group, LLC, an independent marketing and business development consultancy which specializes in healthcare, direct marketing and strategic planning. From 2005 to 2008, Mr. Sandino also was the Chief Marketing Strategist for Integrated Marketing Solutions, Inc. and assisted clients in establishing brand recognition.

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