Stockguru.com: Stocks to Watch for December 4, 2008 - LCAR, STVI, PLTG, OPCN, NEST, and ARGY

Dec 04, 2008 (M2 PRESSWIRE via COMTEX) -- STVI | Quote | Chart | News | PowerRating -- Our Stocks to Watch today include : Lescarden Inc. (OTCBB: LCAR), SNAP Interactive, Inc. (OTCBB: STVI), Platina Energy Group, Inc. (OTCBB: PLTG), OptiCon Systems, Inc. (OTCBB: OPCN), Nestor Inc. (OTCBB: NEST), and Alternate Energy Corp. (OTCBB: ARGY)

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Lescarden Inc. (OTCBB: LCAR | Quote | Chart | News | PowerRating) Shares traded up 100% at $0.04

Lescarden, Inc. engages in the research, testing, and development of biologic medications with a focus on wound healing, clinical skin care, osteoarthritis, and cancer applications. It offers CATRIX Wound Dressing, a powder derived from bovine cartilage for the management of chronic lesions and burns, as well as for decubitus, venous stasis, and diabetic ulcers. The company also provides a line of Catrix-based skin care products for the plastic surgery, dermatology, and medical spa markets. In addition, Lescarden offers nutritional supplements, including BIO-CARTILAGE and POLY-Nag, a glucosamine polymer. It also licenses its technologies for commercialization by other companies. The company was founded in 1960 and is based in New York, New York.

LCAR News Yesterday, Lescarden announced that The Company had entered into a distribution agreement with Cranage Healthcare Ltd. to market Lescarden's proprietary CATRIX? WOUND DRESSING in the United Kingdom and Ireland. Regulatory marketing approvals and product reimbursement arrangements are being secured, and it is anticipated that product launch will commence in the first quarter of 2009. William Luther, Lescarden's President, said, "We are pleased with this new distribution agreement, which should enable us to make a significant penetration, for the first time, into one of the most important European markets for our products." The Catrix Wound Dressing is currently being distributed in Spain by Smith and Nephew, Inc.

SNAP Interactive, Inc. (OTCBB: STVI | Quote | Chart | News | PowerRating) Shares stayed steady at $0.739

Snap Interactive, Inc., together with its subsidiary, eTwine, Inc., produces dating applications for social networking Web sites. The company owns and operates IamFreeTonight.com, an online dating Web site that offers ?Date Now!? concept, which gives users the ability to post when they're actually free to go out on a date, as well as what they'd like to do on their date. It also offers other applications, including Meet New People, which allows users to flirt with each other by messaging online and post when they are free to hang out; and Are You Interested that allows users to view pictures of other members and indicate if they are interested by clicking yes on the picture. The company was incorporated in 2004. It was formerly known as eTwine Holdings, Inc. and changed its name to Snap Interactive, Inc. in 2007. Snap Interactive is based in Jericho, New York.

STVI News Yesterday, SNAP Interactive announced that The Company anticipates revenue for the quarter ending December 31, 2008 to exceed $900,000, yielding the Company's 6th consecutive quarter of revenue growth. "Despite a challenging economic environment and reduced advertising payouts, we expect SNAP to further its track record of consistent quarterly growth as we continue to expand our business," stated SNAP President and CEO Clifford Lerner. "This is due, in part, to a continued effort to diversify our revenue streams and pursue alternate streams, among them the addition of more premium features on our 'Are You Interested' dating application. We are pleased with the way that we have been able to steadily increased revenue while still prioritizing user base growth ahead of monetization. Now with over 16 million users across 8 applications and 4 social networks we are perfectly positioned to expand our product offerings while continuing to explore the full array of revenue generation opportunities that are available to us."

Platina Energy Group, Inc. (OTCBB: PLTG | Quote | Chart | News | PowerRating) Shares traded down 42% at $0.0029

Platina Energy Group, Inc. operates as an independent oil and gas exploration and production company. It focuses on oil and gas properties located in Texas, Oklahoma, Tennessee, Kentucky, and Wyoming. As of March 31, 2008, the company owned natural gas and oil leasehold interests in approximately 8,600 gross acres, as well as working interests in 73 gross wells. It had estimated net proved reserves of 2.9 million barrels of oil and 21.6 thousand million cubic feet of natural gas. The company, formerly known as Windom, Inc., was incorporated in 1988 and is headquartered in Dallas, Texas.

PLTG News Yesterday, Platina Energy Group announces filing for reorganization. The Company believes this course of action, under the auspices of Chapter 11, will provide for the creation of a comprehensive creditor plan. The Company plans to work with its creditors under acceptable terms to serve the highest and best purposes for all involved. Stock market deterioration along with a sharp drop in commodity pricing has created the need for such a strategic plan. According to Blair Merriam, President of Platina, "I am convinced that we have considerable reserve assets and that a decisive plan will allow for the profitable recovery of underlying hydrocarbons in our key fields." The Company produces hydrocarbons on several fields, but not in sufficient quantities to service its obligations. Management anticipates emerging from Chapter 11 promptly.

OptiCon Systems, Inc. (OTCBB: OPCN | Quote | Chart | News | PowerRating) Shares traded up 70% at $0.17

OptiCon Systems, Inc. engages in the licensing and sale of fiber optic management software. It offers Opticon Network Manager software (ONMS) that is designed to manage large fiber optic cable networks. The ONMS isolates cable cuts, breaks, and faults, and service degradation and other optical events to within plus or minus five feet of the event; and produces a global positioning system location for the outage to an approximate five foot section of cable. The OptiCon R3 system of ONMS provides management structure for a physical fiber optic cable network, which is used by cable providers and telephone systems that have deployed or are in the process of deploying fiber optic cable. The company?s product under development includes OptiCon R4 system that manages fiber optic cable and copper wire cable in a hybrid cable system. OptiCon Systems was founded in 2004 and is based in Grapevine, Texas. OptiCon Systems, Inc. was formerly a subsidiary of Hathaway Corporation. OptiCon Systems, Inc. (OTCBB:OSYS) operates independently of Hathaway Corp. as of January 11, 2008.

OPCN News Yesterday, OptiCon Systems announced The Company has initiated an aggressive global marketing campaign in order to secure business in emerging nations that have committed resources to expand their fiber optic networks. The company released the following statement, "Our marketing and sales plans here in the U.S. continue to bring in potential clients that will utilize the software to manage their networks. Through these sales efforts, we've been referred to many other companies outside the U.S. that have expressed interest in selling the OptiCon Software. These companies come from many emerging regions such as Africa, Southeast Asia, and others that are beginning to appropriate millions of dollars in spending to increase fiber connectivity throughout their regions. As these regions have begun initiatives to lay fiber, we feel it extremely important for the growth of the company to have a presence in these emerging markets. Therefore we have begun a global marketing program wherein OptiCon will be marketed to the governments of these regions in order to show them the benefits of our powerful software. We should have several contracts upcoming with local and regionally based companies that already have an existing relationship with the key decision makers in these foreign markets. As we aggressively work with these companies to market the OptiCon software, we feel this strategy will increase our opportunities to significantly increase our revenue projections for 2009 and beyond."

Nestor Inc. (OTCBB: NEST | Quote | Chart | News | PowerRating) Shares stayed steady at $0.04

Nestor, Inc. provides automated traffic enforcement systems and services to state and local governments in the United States and Canada. It offers CrossingGuard, an automated, video-based monitoring system that predicts and records the occurrence of a red light violation; CrossingGuard Video Intersection Vehicle Profiling program, a tool to help municipalities to pre-qualify intersections; and Poliscanspeed, a light detection and ranging mobile speed enforcement system for digital speed detection and recording to simultaneously record and measure various vehicles in parallel lanes. The company also provides ViDAR, a video detection and ranging speed detection and imaging system, which displays vehicle speeds in real-time, as well as records a video clip of speeding violation; and direct, remote, and online equipment monitoring and maintenance services primarily through its field and office personnel, and through local contractors, as well as fine collection and processing services. In addition, Nestor, Inc. offers back-office processing and support services, which include obtaining data from the roadside systems, reviewing the data, preparing the citations and evidence packages, and tracking resolution of the citations for its CrossingGuard, Poliscanspeed, and ViDAR products. It serves municipalities and governmental traffic management departments. The company was founded in 1975 and is headquartered in Providence, Rhode Island.

NEST News Yesterday, Nestor announced the Lima City Council has selected Nestor Traffic Systems, Inc., a wholly owned subsidiary of The Company, to provide a comprehensive suite of traffic safety systems and services. The sole source contract calls for all digital automated red light enforcement -- complete with Nestor's unique Collision Avoidance(TM) crash prevention system -- and automated mobile speed enforcement throughout the Allen County capital city.Major Tony Swygart of the Lima Police Department stated, "After reviewing the traffic enforcement technology of several companies, we have concluded that the City of Lima is best served by Nestor. A program that brings the best available red light and mobile speed enforcement to our neighborhood streets sends a strong message that the City is serious about traffic safety."

Alternate Energy Corp. (OTCBB: ARGY | Quote | Chart | News | PowerRating) Shares traded up 26.67% at $0.0095

Alternate Energy Corp. is an energy company committed to delivering innovative, practical, and environmentally responsible fuel, power and chemical solutions to consumer, commercial, and government markets.

ARGY News Yesterday, Alternate Energy announced that The Company has entered into a Letter of Intent (LOI) with Treaty Petroleum, Inc. pursuant to which Treaty will merge with a wholly-owned subsidiary of Alternate Energy. In consideration of the merger, the shareholders of Treaty would receive at the closing a number of shares of Alternate Energy's common stock, which upon issuance would represent 90% of Alternate Energy's outstanding common stock. Upon completion of the merger, the surviving public company's name will be changed to Treaty Energy Corporation. The shares to be received by shareholders of Treaty will not be registered for sale with the U.S. Securities and Exchange Commission and would, therefore, be subject to the rights and restrictions of Rule 144. The closing is currently scheduled for December 12, 2008 and is conditional upon each party completing a due diligence review and the execution of a definitive agreement by the parties hereto.

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