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Stockguru.com: Stocks to Watch for December 18, 2008 aEUR" FCTY, PWRM, COPI, CMPO, and SOIS

Thu. December 18, 2008; Posted: 06:01 AM
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Dec 18, 2008 (M2 PRESSWIRE via COMTEX) -- SOIS | Quote | Chart | News | PowerRating -- Our Stocks to Watch today include : 1st Century Bancshares, Inc. (OTCBB: FCTY), Power 3 Medical Products Inc. (OTCBB: PWRM), Compliance Systems Corp. (OTCBB: COPI), Compumed Inc. (OTCBB: CMPD), and Striker Oil & Gas, Inc. (OTCBB: SOIS)

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1st Century Bancshares, Inc. (OTCBB: FCTY | Quote | Chart | News | PowerRating) Shares traded up 2.50% at $4.10

1st Century Bancshares, Inc. operates as the bank holding company for 1st Century Bank, N.A. that provides a range of commercial banking services in California. It offers various deposit products, including non-interest bearing demand deposits, interest bearing demand deposits, savings and money market demand deposits, checking accounts, and certificates of deposit, as well as trust accounts. The bank also provides business and personal lines of credit and term loans; tenant improvement and equipment financing; bridge and/or specific purpose loans; commercial, industrial, and multi-family real estate lending; personal home equity loans and lines of credit; and credit cards for business and personal use. In addition, it offers cash management and online banking services. The bank serves middle market businesses, professional service firms, high net worth individuals, real estate investors, and entrepreneurs, as well as local residential community. As of December 31, 2007, the company had one office located in Century City area of Los Angeles. The company was founded in 2003 and is headquartered in Los Angeles, California.

FCTY News Yesterday, 1st Century Bancshares announced that its application for listing of its common stock on the NASDAQ Capital Market has been approved. The Company expects to begin trading on the NASDAQ under the same symbol "FCTY" on December 18, 2008.

Power 3 Medical Products Inc. (OTCBB: PWRM | Quote | Chart | News | PowerRating) Shares traded down 13.04% at $0.01

Power3 Medical Products, Inc., is a leading Bio Medical company engaged in the commercialization of cancer and neurodegenerative disease biomarkers, pathways, and mechanisms of diseases through the development of diagnostic tests and drug targets. Power3's patent-pending technologies are being used to develop screening and diagnostic tests for the early detection and prognosis of disease, identify protein biomarkers, and drug targets. Power3 operates a state-of-the-art CLIA certified laboratory in The Woodlands (Houston), Texas, and continues to evolve and enhance its IP portfolio.

PWRM News Yesterday, Power3 Medical Products has been listed as one of the top companies involved in research and development involving cancer and CNS (cancer and neurodegenerative disease) biomarkers. Power3 was cited by Espicom Business Intelligence Market Report as a "top company" in its new "Cancer, CNS, and Cardiovascular Biomarkers, Players, Products and Prospects" report. Espicom is a leading provider of independent and impartial market information, with more than 25 years of experience in the medical devices and pharmaceuticals markets. "There are huge markets and opportunities for biomarkers and tests to diagnose devastating diseases," said Dr. Ira L. Goldknopf, president and chief scientific officer of Power3. "Power3 is honored to be recognized by such a prestigious independent global organization as Espicom," he said. "It is very encouraging when a major analyst group knows your work, follows your progress, and singles you out for your efforts.

Compliance Systems Corp. (OTCBB: COPI | Quote | Chart | News | PowerRating) Shares traded up 21.82% at $0.0067

Compliance Systems Corporation, through its subsidiaries, provides compliance technologies, methodologies, and services to the teleservices industry. It primarily offers a compliance technology called the TeleBlock Call Blocking System that allows telemarketers to automatically screen and block outbound calls against federal, state, third-party, and in-house do-not-call lists. The company also offers online guides, including Regulatory Guide, an up-to-date compilation of federal and state Do-Not-Call regulations; and Registration Guide, which is an intuitive form fill application that assists companies with their state registrations. In addition, it provides voice-over Internet protocol services. The company was incorporated in 2002 and is headquartered in Glen Cove, New York.

COPI News Yesterday, Compliance Systems announced a wholly owned subsidiary, Call Compliance Inc, launched the "Canadian Do Not Call Regulatory Guide," with the American Teleservices Association (ATA) The Guide is a comprehensive online tool summarizing the rules and regulations governing businesses that engage in telemarketing to Canadian residents. This newest guide complements other existing ATA Online Guides-the USA Regulatory Guide and the State Registration Guide-all available for purchase at www.ataresourcecenter.com, with a significant discount offered to ATA members.

Compumed Inc. (OTCBB: CMPD | Quote | Chart | News | PowerRating) Shares traded up 21.52% at $0.17

CompuMed, Inc. develops and markets products and services that use advanced imaging and medical informatics to provide analysis and remote monitoring in connection with cardiovascular and musculoskeletal diseases in the United States. Its products include OsteoGram, a medical image processing software system that utilizes digital hand images from filmless x-ray equipment or film-based x-rays to screen, diagnose, and monitor osteoporosis, as well as assess hip fracture risk; and CardioGram, a telemedicine application focusing on tele-cardiology, that offers computer electrocardiogram interpretations. The company offers its products and services to hospitals, radiology practices, imaging centers, and general OB/GYN, and orthopedic office practices. CompuMed was founded in 1973 and is headquartered in Los Angeles, California.

CMPD News Yesterday, CompuMed entered into a new agreement with Boston Avenue Capital, LLC ("BAC") which restructures its $ 4 million line of credit to provide liquidity and working capital for growth initiatives including acquisitions. The agreement announced today supersedes a previous agreement with BAC announced last February for a revolving line of credit up to $ 4 million, under which the Company had not yet drawn any advances.

China Marine Food Group Ltd. (OTCBB: CMFO) Shares stayed steady at $1.45

CMFO News Yesterday, China Marine Food Group announced that the Company's Chairman and CEO has purchased 100,000 shares of the Company's stock. All of the shares were acquired in a block transaction from an individual shareholder for $1.50 per share.

Striker Oil & Gas, Inc. (OTCBB: SOIS | Quote | Chart | News | PowerRating) Shares traded down 6.67% at $0.07

Striker Oil & Gas, Inc. engages in the exploration, acquisition, development, production, and sale of natural gas, crude oil, and natural gas liquids primarily from conventional reservoirs in the United States. It operates onshore along the Gulf Coast of Texas and Louisiana, as well as East Texas and Mississippi. The company holds interests in the Abbeville field and the West Abbeville prospect located in Vermillion Parish, North Edna field and Welsh Field located in Jefferson Davis Parish, and South Creole Prospect located in Cameron Parish in Louisiana; North Cayuga Prospect in Henderson County and Catfish Creek Prospect in Henderson and Anderson Counties in Texas; and North Sand Hill Field located in Greene County, Mississippi. Striker Oil & Gas is based in Houston, Texas.

SOIS News Yesterday, Striker Oil & Gas announced that Striker along with its working interest partners in the Catfish Creek Prospect located in East Texas have now increased their acreage position to 12,800 gross acres. This is an increase of more than 50% from the initial acreage position acquired in this prospect. This prospect has the potential for 25 to 40 wells to test the Pettit and Rodessa intervals with estimated gross reserves of 125,000 barrels of oil equivalent (BOE) per well for all zones or a gross prospect potential of 5 million barrels of oil equivalent (BOE) reserves . The shallow rights of this prospect include depths to 10,800 feet. Striker has approximately 33% working interest before payout (25% after payout) on the shallow rights of this prospect.

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For full details for FCTY click here.

    


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