OTCPicks.com: OTCPicks.com Daily Market Movers Digest Midday Report for Tuesday, November 18th PGOG, TSLI, QMCI, IDMI, BCND, SPSN

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PERF GO GREEN HOLDINGS INCORPORATED (OTCBB: PGOG)

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

Company Profile: http://www.otcpicks.com/perf-go-green/perf-go-green.htm

Perf Go Green Holdings, Inc. is engaged in the creation and global marketing of 100% eco-friendly, non-toxic, food-contact-compliant, biodegradable plastic products. All Perf Go Green products are made from recycled plastics and completely break down in landfill within two years, leaving no toxic or visible residue, as compared to other plastics that take hundreds of years. Perf Go Green's corporate name reflects its "Go Green" mission to develop, market and distribute biodegradable plastic products as a practical and viable solution to eliminating plastic waste from the world environment.

PGOG News:

November 18 - Perf Go Green Expands Distribution to United Hardware Distributing Company

Retail Network Encompasses More Than 1,200 Stores; Full Line of Perf Go Green Products to be Sold

Perf Go Green Holdings, Inc. (OTCBB: PGOG | Quote | Chart | News | PowerRating) ("Perf Go Green'') (www.perfgogreen.com), a marketer and distributor of biodegradable plastics, today announced a distribution partnership with United Hardware Distributing Company. A full-line wholesale hardware distributor, United services more than 1,200 retail stores in 18 states and had sales of more than $170 million in 2007.

"United offers a great opportunity for Perf Go Green to bring our environmentally friendly products to a whole new set of customers,'' commented Chairman and CEO Tony Tracy. "We're especially pleased that United will carry our full line of products, including household and commercial bags, plastic drop cloths and pet products. All in all, United is stocking nine different Perf Go Green items, each one of which offers households and business the opportunity to reduce their environmental footprint.''

United Hardware Distributing Company, which has developed a dominant presence in the upper-Midwest, provides a wide range of products, retail programs, and support services to independent retailers. Headquartered in Plymouth, Minnesota, the company is 100% owned by its member-dealers, located in 18 states. United services its members from a 400,000 square foot distribution center located in Milbank, South Dakota. The distribution center stocks a complete merchandise assortment of more than 55,000 items.

Founded in November 2007, Perf Go Green premiered at the March 2008 International Home and Housewares Show in Chicago, where its products were honored for their design quality and innovation. Perf Go Green - whose products are now available online and nationwide at approximately 15,000 retail outlets - is proud to be part of the nation's "go green'' movement, which is poised to become a $500 billion market by 2009, according to Landor Associates.

Perf Go Green products incorporate recycled plastics that are combined with an Oxo-Biodegradable proprietary application method to produce the film for its bags. Based on environmental claims statements made by the manufacturer of the Oxo-Biodegradable applied to our bags, when discarded in soil and exposed to the presence of microorganisms, moisture and oxygen, we believe Perf Go Green products biodegrade within two years, decomposing into simple materials found in nature much faster than regular plastics, which can take hundreds of years to break down. Through this process and the use of recycled plastics, Perf Go Green effectively removes plastic waste from the environment. In addition, Perf Go Green trash bags utilize a unique patented dispensing system that stores the bags on the bottom of trashcans and dispenses them one at a time, similar to a tissue box.

TAPSLIDE INCORPORATED (OTCBB: TSLI)

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

Company Profile: http://www.otcpicks.com/tapslide.htm

TapSlide is set to become the world's leading publisher of iPhone, Android, and Symbian mobile applications. The company combines the industry's best mobile application developers with in-depth technical knowledge of touch-screen application development and a highly creative team of designers specializing in the creation of applications for the advertising and promotions industries. TapSlide specializes in private labeled mobile applications and application publishing services for the new breed of touch screen mobile phones. TapSlide's senior management team has created numerous past successes providing white-label technology solutions to Fortune 500 companies. The list of past successes reads like a who's-who of the technology, automotive, and publishing industries and includes (but not limited to): HP, Dell, T-Mobile, Sprint, Verizon, iRobot, Nokia, Samsung, Archos, Volvo, Mini Cooper, Thule, Nalgene, Maxim Magazine, Blender Magazine, Tiger Beat & Bop Magazines, SoBe Beverages, Americas Top Model TV Show, Best Buy, RadioShack and Blockbuster. Visit www.TapSlide.com for more information about TapSlide.

TSLI News:

November 17 - TapSlide and Global Wireless Entertainment Announce Strategic Partnership To Develop iPhone and Google Android Mobile Applications

Partnership to Deliver TapSlide Created Mobile Games and Applications for the Apple iPhone and Google Android Platforms, Based on GWE's Broad Portfolio of Licenses and Brands

TapSlide (OTCBB: TSLI | Quote | Chart | News | PowerRating) and Global Wireless Entertainment (GWE) announced a strategic partnership to explore the development of mobile games and applications for the new generation of touch screen phones based on the iPhone and Google Android platforms. As part of the partnership GWE will research its broad stable of licenses and brands under management and identify which ones will be best suited for TapSlide to develop into mobile applications and games. TapSlide will extend the GWE portfolio of licenses and brands into the new realm of touch screen phones running the latest operating systems from Apple and Google. The partnership will focus on building, marketing and deploying games and applications that utilize the Apple iPhone and Google Android mobile platforms, with a focus on touch screen mobile phones.

"We are very excited to be working with GWE in creating mobile applications for some of their brands," said Mike Stemple, CEO of TapSlide. "Paul and his team at GWE bring a wealth of knowledge and connections to TapSlide and we look forward to some very exciting developments from this partnership."

"Mike Stemple is an industry visionary and has proven that he can create successful products and companies," said Paul Buss, CEO of GWE. "I was so impressed with his last company Skinit.com and the revenue creation it brought for our licenses and brands that we purchased it and made it a part of GWE."

Specific TapSlide/GWE mobile games and applications will be announced in the coming months.

ABOUT GLOBAL WIRELESS ENTERTAINMENT / SKINIT INC.

Global Wireless Entertainment is the parent company to San Diego-based company Skinit, Inc. Skinit is the market leader in mobile consumer electronics personalization with its unique offering of customized, branded (NFL, MLB, NBA, NHL, Collegiate, Disney, Warner Bros, Lucas Arts and many more) and graphic stock designs that total over four million SKUs. Skinit provides leading OEMs, wireless carriers, MVNOs and distributors with turnkey personalization platforms that increase product differentiation, sales velocity, margins and brand impressions. For channel partners, Skinit offers unparalleled capabilities in on-demand manufacturing, fulfillment, supply chain, image portfolio and product line extensions. On the business-to-consumer end, Skinit offers the ultimate in personalization with its Customizer program, enabling end-users to upload, customize, and create their own skins. Skinit's photo quality removable skins made from exclusive 3M Scotchprint graphics are customized to fit consumer electronic devices including mobile handsets, MP3 players, desktop and laptop computers, gaming consoles, routers, and monitors. To learn more about Skinit, visit www.skinit.com.

QUOTEMEDIA INCORPORATED (OTCBB: QMCI)

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

Company Profile: http://www.otcpicks.com/quotemedia/quotemedia.htm

QuoteMedia, Inc. is a leading software developer and provider of real-time streaming financial market information, decision-support, news and research solutions to brokerage, financial services companies, business and media corporations. Among its many leading-edge products lines, the Company offers data feeds, news, dynamic market content solutions, interactive stock research tools, financial applications and real-time wireless applications. QuoteMedia provides data and services for companies such as the NASDAQ, the OTCBB, Dow Jones & Company, Forbes.com, Scotia Capital, Business Wire, Southwest Securities, Regal Securities, FBR Direct, Broadridge Financial Solutions, Inc., AIM Trimark, Zacks Investment Research, ChoiceTrade, QTrade, Schaeffer's Investment Research, Automated Financial Systems, WallStreet*E, and others. For more information, visit www.quotemedia.com.

QMCI News:

November 17 - QuoteMedia Reports 26% Increase in Revenue for Q3 2008; and 33% Increase for Comparative 9 Month Period

QuoteMedia, Inc. (OTCBB: QMCI), a leading provider of market data and financial applications, announced financial results for the three and six months ended June 30, 2008. These results reflect a 30% increase in second quarter revenues, to $1,724,396 from $1,331,405 in the comparative period in 2007. Revenue for the six months ended June 30, 2008 increased 37%, to $3,412,071 from $2,492,105 in the comparative period in 2007. At June 30, 2008 the Company's cash balance was $463,214, an increase of $105,898 from the balance at December 31, 2007. Net cash provided by operating activities was $377,428 for the six months ended June 30, 2008; this represents an $875,428 increase in cash generated from operations, when compared to the $598,000 that was used in operating activities in the comparative period.

"The significant revenue growth during the quarter resulted from increased sales of our Interactive Content and Data Applications as well as from increased subscriptions to our Quotestream product line," says Keith Guelpa, president of QuoteMedia, Inc. "This is our 21st consecutive quarter of revenue growth, reflecting the strong continuing market penetration of our full line of financial data products and the increasing depth of our data offerings, which now cover over 70 exchanges worldwide.

"During the second quarter, QuoteMedia continued to build on the revenue growth momentum that has been building since 2007. We furthered our introduction of Quotestream II to the market, the new generation of our portfolio management system, with enhanced features and functionality. The Company also continued its early release of Quotestream Professional. Where Quotestream II is geared towards providing a professional level experience to non-professional users, Quotestream Professional is designed specifically for use by financial services professionals, offering unparalleled functionality at extremely aggressive pricing.

"Our second quarter was also significant in that much of the groundwork was laid for developments that are coming to fruition now. One example is our announcement earlier this week of our enterprise agreement with Penson Worldwide Inc. Penson is a global provider of execution, clearing, custody, settlement and technology infrastructure products to the financial services sector. Under this agreement Penson will integrate QuoteMedia offerings into platforms that it provides to its nearly 300 correspondent financial services firms. As well, Penson will offer its clients Quotestream Pro and Quotestream II. Also, earlier this month we announced that Mr. James Kelly joined the Company. He is a senior sales executive who brings a wealth of knowledge and successful experience to QuoteMedia, particularly in the financial services professional market to which Quotestream Professional is targeted. Mr. Kelly joins Mr. George Katsch in our New York office. Founded on marketing developments such as these and others, and our performance record, we expect that our customer base will continue to expand dramatically and that our trend of strong revenue increases, quarter over quarter, will continue into the foreseeable future.

"We remain focused on our revenue growing strategies," says Guelpa. "Our plan of operation for the remainder of 2008 continues to focus on marketing Quotestream II for deployments by brokerage firms to their clients, and moving with increasing strength into the investment professional market with Quotestream Professional. We also plan to continue the market penetration of our Data Feed Services, which is a particularly fertile segment of our product line. We will also continue to license our Quotestream Wireless applications and add new data content to expand our line of Interactive Content and Data Applications."

"As previously forecasted, and consistent with our focus on expansion, we experienced a loss for the quarter of $360,758 compared to a loss of $424,902 in the comparative period. For the six months ended June 30, 2008 we incurred a loss of $715,677 compared to a loss of $796,987 in the comparative period. While we expect that we will continue to incur losses in the short term, we expect our monthly revenues will continue to rise significantly in 2008 and overtake the increased cost commitments that we have undertaken to support our rapid development. Our improvement in gross margin rates to 57% reflects the stabilization of our fixed cost structures while revenues continue to increase. We expect our costs of revenue to continue to reduce as a percentage of revenues generated. We are very pleased with our progress to date, and we believe that we are on target to meet our near and long term objectives," says Guelpa.

IDM PHARMA INCORPORATED (NASD: IDMI | Quote | Chart | News | PowerRating) "Up 69.03% in morning trading"

Detailed Quote: http://www.otcpicks.com/quotes/IDMI.php IDM Pharma, Inc., a biopharmaceutical company, engages in the development of products to treat and control cancer. It develops product candidates to destroy residual cancer cells and to stimulate an immune response and prevent tumor recurrence. The company's products include L-MTP-PE/MEPACT, a Phase 3 clinical trial completed liposomal muramyl-tripeptide phosphatidylethanol- amine, for the treatment of osteosarcoma; BEXIDEM, a Phase 2 clinical trial completed product for the treatment of bladder cancer; UVIDEM, a Phase 2 clinical trial dendritophage and melanoma tumor cell lysates product, for the treatment of melanoma; IDM-2101, a multiple tumor-associated CTL epitopes Phase 2 clinical trial product, for the treatment of non-small cell lung cancer; and COLLIDEM, a Phase 1/2 dendritophages and tumor associated antigen peptides product, for the treatment of colorectal cancer. It has operations in the United States and France. IDM Pharma has collaboration agreements with sanofi-aventis S.A; Medarex, Inc.; GenPharm International, Inc.; Novartis; and Biotecnol S.A. It also has intellectual property licensing and framework agreement with Institut de Recherche Pierre Fabre and Pierre Fabre Medicament S.A. The company was incorporated in 1987 and is based in Irvine, California.

IDMI News:

November 18 - IDM Pharma Receives Recommendation for Approval of Mifamurtide (MEPACT , L-MTP-PE) for the Treatment of Patients with Non-Metastatic, Resectable Osteosarcoma in Europe from the Committee for Medicinal Products for Human Use (CHMP)

IDM Pharma, Inc. (Nasdaq: IDMI | Quote | Chart | News | PowerRating) announced that the Committee for Medicinal Products for Human Use (CHMP) of the European Medicines Agency (EMEA) has issued a positive opinion, recommending grant of a centralized marketing authorization for mifamurtide (L-MTP-PE), known as MEPACT in Europe, for the treatment of patients with non-metastatic, resectable osteosarcoma, a rare and often fatal bone tumor that typically affects children and young adults. The CHMP recommendation will be adopted at the next CHMP meeting in December with final European Commission approval expected within 60 to 90 days thereafter.

Granting of the centralized marketing authorization will allow L-MTP-PE to be marketed in the 27 Member States of the European Union (EU), as well as in Iceland, Liechtenstein and Norway. L-MTP-PE would be the first approved new treatment in more than 20 years for patients with osteosarcoma. L-MTP-PE was granted orphan medicinal product status in Europe in 2004. Therefore, under European pharmaceutical legislation, L-MTP-PE is entitled to a period of 10 years market exclusivity in respect of the approved indication.

"The recommendation for approval by the CHMP is a great victory for many young patients and their families and is a significant step for the Company in bringing this important treatment to market," said Timothy P. Walbert, president and chief executive officer, IDM Pharma. "The Committee's decision validates the clinical trial data and the belief of investigators, patients and IDM Pharma that L-MTP-PE provides a significant overall survival benefit for osteosarcoma patients and meets a significant unmet treatment need."

The positive opinion was based in large part on the Phase 3 L-MTP-PE trial (INT-0133), a National Cancer Institute (NCI) funded cooperative group study conducted by the Children's Oncology Group (COG) and the largest study completed in osteosarcoma, enrolling approximately 800 patients. The study was designed to evaluate patient outcomes with the addition of L-MTP-PE to three- or four-drug adjuvant chemotherapy (cisplatin, doxorubicin, and methotrexate with or without ifosfamide).

Overall survival after six years of follow-up in patients treated with chemotherapy and L-MTP-PE was 78 percent, compared to 70 percent in patients treated with chemotherapy (p=0.03) alone. The addition of L-MTP-PE to chemotherapy resulted in approximately a 30 percent decrease in the risk of death.

Treatment with L-MTP-PE was generally well tolerated in all phases of clinical development. Adverse events were mild to moderate in severity and included chills, fever, nausea, vomiting, myalgia, headache, tachycardia (fast heart rate), hypo- and hypertension, fatigue and shortness of breath, all of which are consistent events with the activation of monocytes and macrophages by L-MTP-PE and the flu-like symptoms that follow cytokine release. These side effects are readily prevented or treated with acetaminophen.

If approved by the European Commission, it is anticipated the Company would conduct certain post-authorization studies or analyses to address follow up questions about L-MTP-PE.

L-MTP-PE U.S. Regulatory Status

As previously announced, in the United States the Company continues to work with the COG as well as external experts and advisors to gather patient follow up data from the Phase 3 clinical trial of L-MTP-PE and to respond to other questions in the non-approvable letter the Company received from the U.S. Food and Drug Administration (FDA). The Company expects to submit the amended New Drug Application (NDA) in the first quarter of 2009 given the recent focus on completing review activities for the Marketing Authorization Application (MAA) in the European Union.

L-MTP-PE was granted orphan drug status in the United States in 2001 and the NDA was submitted to FDA in October 2006 and was accepted for review in December 2006.

ABOUT OSTEOSARCOMA

Between two and three percent of all childhood cancers are osteosarcoma. Because osteosarcoma usually develops from osteoblasts, it most commonly affects children and young adults experiencing their adolescent growth spurt. Boys and girls have a similar incidence rate until later in their adolescence, when boys are more commonly affected. While most tumors occur in larger bones, such as the femur, tibia, and humerus, and in the area of the bone that has the fastest growth rate, they can occur in any bone. The most common symptom is pain, but swelling and limited movement can occur as the tumor grows.

Osteosarcoma is an orphan disease with fewer than 1,000 new cases diagnosed in the United States each year. A similar incidence of the disease exists in Europe. According to the Children's Oncology Group, the survival of children with osteosarcoma has remained at 60-65 percent since the mid-1980s. The standard treatment for osteosarcoma is tumor resection with combination chemotherapy before and after surgery.

BEACON REDEVELOPMENT INDUSTRIAL (OTC: BCND | Quote | Chart | News | PowerRating) "Up 33.33% in morning trading"

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

Beacon Redevelopment Industrial Corporation specializes in acquiring undervalued properties that offer the potential for above average return on investment along with multiple assets and development ability at distressed prices, the properties must offer recyclable/salvageable materials, energy resources or mineral rights along with the potential for redevelopment and or desirable development potential; the company also seeks along with the above for mentioned, properties that have the possibility for governmental grants, tax rebates or deferments as part of their criteria for acquisition.

BCND News:

November 17 - Beacon Redevelopment Industrial Corporation Enters Negotiations with Dominion Resources

Beacon Redevelopment Industrial Corporation (OTC: BCND | Quote | Chart | News | PowerRating) announced that it entered into negotiations with Dominion Resources, Inc. pertaining to their use, since 1986, of the Westmoreland Glass Factory as a natural gas storage facility and gas well.

In 1954, the former owners of the glass factory in Grapeville, Pennsylvania, signed agreements allowing the predecessor of Dominion Resources to use the property as a gas storage facility and to operate a gas well.

The agreements expired upon sale of the property. Specifically, both agreements state, "In case of sale of part or whole of the premises, this permit shall become null and void." In 1986, Westmoreland Warehouse and Industrial Building, Inc., purchased the Westmoreland Glass Factory, rendering all permits expired.

Upon investigating the natural gas holdings on the facility, Beacon's experts determined that the storage facility and gas well continued to operate unbeknownst to the company. Beacon entered into negotiations with WWIB's successor and acquired an assignment of all prior rights to the use of the property and the gas beginning in 1986 and continuing through the present.

In mid-2008, Beacon contacted Dominion regarding the situation. In September 2008, Beacon sent Dominion a formal demand. In November 2008, Beacon's management began negotiations with Dominion for compensation regarding the apparent use of the property and resources for 22 years, and to determine whether to grant an easement. As the negotiations continue, Beacon's natural gas experts will conduct the research necessary to determine if the compensation is fair to the company's shareholders.

"This is a significant situation that could provide a large capital infusion to Beacon's companies. I look forward to continuing my discussions with Dominion to resolve 22 years of the use of the property and its resources, and to create an agreement that resolves the issues," Beacon's President, Adam Marek, said. The company could not comment further due to the nature of the ongoing negotiations.

SPANSION INCORPORATED (NASDAQ: SPSN | Quote | Chart | News | PowerRating) "Up 10.70% in morning trading"

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

Spansion is a leading Flash memory solutions provider, dedicated to enabling, storing and protecting digital content in wireless, automotive, networking and consumer electronics applications. Spansion, previously a joint venture of AMD and Fujitsu, is the largest company in the world dedicated exclusively to designing, developing, manufacturing, marketing and selling Flash memory solutions. Spansion , the Spansion logo, MirrorBit , MirrorBit Eclipse, ORNAND, ORNAND2, HD-SIM, Spansion EcoRAM and combinations thereof, are trademarks of Spansion LLC in the U.S. and other countries. Other names used are for informational purposes only and may be trademarks of their respective owners.

SPSN News:

November 17 - Spansion Sues Samsung in One of Technology Industry's Largest Patent Infringement Suits

ITC and U.S. District Court cases could block importation of millions of the most popular mp3 players, cell phones and digital cameras

Spansion Inc. (Nasdaq: SPSN), the world's leading pure-play provider of Flash memory solutions, today announced that it is filing two separate patent infringement complaints against Samsung with the International Trade Commission and in the U.S. District Court in Delaware. In one of the largest patent infringement claims ever filed, Spansion is seeking the exclusion from the U.S. market of well over one hundred million mp3 players, cell phones, digital cameras and other consumer electronic devices containing Samsung's infringing flash memory components. The complaint in the US District Court in Delaware also seeks an injunction and treble damages for patent violations relating to Samsung Flash memory, that Spansion estimates has accounted for more than $30 billion in Samsung's global revenues since 2003.

"Samsung's infringement of our intellectual property not only harms Spansion, but it threatens the foundation of technology innovation," said Dr. Boaz Eitan, executive vice president, Spansion, CEO of Saifun.

Flash memory, which retains data in devices when the power is turned off, is found in virtually all electronic devices and is one of the largest segments of the semiconductor industry, with nearly $130 billion in total revenues since 2000.

The Spansion patents named in these law suits are fundamental to floating gate technology, which is the foundation for approximately 90 percent of the Flash memory market. Spansion is also leading the industry with MirrorBit, a charge-trapping technology, that represents a growing share of the Flash memory market and is expected to replace floating gate technology in the future. Flash memory companies including Samsung have publicly announced their plans to transition to charge-trapping type technologies for their future generation products.

"Spansion has patents that are fundamental to Flash memory. Samsung itself has cited these patents many times in its own patent filings, underscoring industry acceptance of the fundamental nature of Spansion's IP," said Robert Melendres, executive vice president and General Counsel for Spansion. "Spansion will vigorously protect its intellectual property and is entitled to be compensated by Samsung for its use of our IP."

The acquisition of Saifun Semiconductor earlier this year expanded Spansion's IP portfolio and was a key milestone in Spansion's strategy to create a major licensing business, and generate new streams of significant revenue with very high margins.

"The combination of Spansion and Saifun's patent portfolio is the foundation for Spansion's transformation into a licensing leader," said Eitan. "As the industry transitions to charge-trapping technologies, Spansion is in a strong position to be the technology provider at the core of the future Flash memory market."

Although Samsung is the target of the litigations, Spansion is required to name the manufacturers of downstream products containing Samsung's infringing devices in its ITC complaint. Companies named in the ITC case include: Samsung, Apple, Asus, Kingston, Lenovo, PNY, RIM, Sony, Sony-Ericsson, Transcend, some of their subsidiaries and third party manufacturing companies.

With $2.5 billion in revenue in 2007, U.S.-based Spansion is now the third largest provider of Flash memory in the world, behind Korea-based Samsung and Japan-based Toshiba. A long-time technology innovator and one of only three major U.S. Flash memory suppliers, Spansion has invested approximately $2 billion in research and development and holds 3000 patents and patent applications.

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