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Stockguru.com: Stocks to Watch for December 30, 2008 - IAQG, CICI, PRPM, CPTC, and NOBV

Tue. December 30, 2008; Posted: 04:05 AM
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Dec 30, 2008 (M2 PRESSWIRE via COMTEX) -- PRPM | Quote | Chart | News | PowerRating -- Our Stocks to Watch today include : InterAmerican Acquisition Group Inc. (OTCBB: IAQG), Communication Intelligence Corp. (OTCBB: CICI), Propalms, Inc. (OTCBB: PRPM), Composite Technology Corporation (OTCBB: CPTC), and Noble Innovations, Inc. (OTCBB: NOBV)

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InterAmerican Acquisition Group Inc. (OTCBB: IAQG | Quote | Chart | News | PowerRating) Shares traded up 0.68% at $7.35

InterAmerican Acquisition Group Inc. was recently formed for the purpose of acquiring, through a merger, stock exchange, asset acquisition or other similar business combination, an operating business. It formed a subsidiary, CNC Development Ltd. for the sole purpose of effecting a redomestication merger and acquiring Sing Kung. InterAmerican Acquisition Group is located in San Diego, California with offices at 2918 Fifth Ave., Suite 209.

IAQG News Yesterday, InterAmerican Acquisition and its wholly-owned subsidiary, CNC Development Ltd. announced the filing on December 19, 2008 of an updated S-4 registration statement pertaining to the acquisition of Sing Kung Limited ("Sing Kung" or the "Company"), a leading integrator of planning, financing and construction of turnkey infrastructure projects for municipalities in the People's Republic of China ("PRC"). The filing incorporates unaudited third quarter and nine month financial results for both InterAmerican Acquisition Group and the Company as well as pro forma financial statements for the combined enterprise.

Communication Intelligence Corp. (OTCBB: CICI | Quote | Chart | News | PowerRating) Shares stayed steady at $0.08

Communication Intelligence Corporation ("CIC") is a leading supplier of electronic signature solutions for business process automation in the Financial Industry and the recognized leader in biometric signature verification. CIC's products enable companies to achieve truly paperless work flow in their eBusiness processes by enabling them with "The Power to Sign Online " with multiple signature technologies across virtually all applications in SaaS and fully deployed delivery models.

CICI News Yesterday, Communication Intelligence announced it has been named to Forrester Research's "Hot Banking Tech Companies To Watch In 2009" Report dated December 2008. CIC's Chairman & CEO, Guido DiGregorio stated: "We are pleased to be recognized for our contribution to automating the mortgage workout process. Partnering with CSC to integrate our technologies to deliver a SaaS-based electronic signature solution reduces a very lengthy and painful process involving many parties, that can often take several months, to less than three days alleviating borrower stress along with significant expense reductions. This product offering reflects the timeliness and benefits of our technology coupled with our ability to effectively and efficiently integrate our technology with selected partner offerings to significantly enhance the value of the end solution."

Propalms, Inc. (OTCBB: PRPM | Quote | Chart | News | PowerRating) Shares traded up 16.67% at $0.007

Propalms, Inc. is a global provider of application delivery solutions for Terminal Services and Virtual Desktop Infrastructures. Delivering to enterprises of all sizes, Propalms offers reliable, scalable and affordable solutions that simply work. Our belief is that application delivery solutions should be flexible, dynamic and, above all, simple to use.

PRPM News Yesterday, Propalms announced that the Company looks forward to a prosperous 2009, following a tremendous year in 2008. During the past year, Propalms application for quotation on the Over the Counter Bulletin Board was cleared by FINRA. The Company also signed numerous customer contracts for its newly released Terminal Services Edition (TSE) 6.0 and VPN product. Along with signing new clients, Propalms expanded its operations to reach vast growing economies throughout the Far East, Europe, and South America in order to increase its brand presence in those regions.

Composite Technology Corporation (OTCBB: CPTC | Quote | Chart | News | PowerRating) Shares traded down 10.40% at $0.224

Composite Technology Corporation engages in the development, manufacture, and marketing of renewable and energy efficient electrical energy products. The company operates through two segments, CTC Cable and DeWind. The CTC Cable segment sells aluminum conductor composite core (ACCC) conductors, a composite core overhead electrical transmission conductor, as well as manufactures and sells the composite core component of the ACCC conductor and various accessories. ACCC conductors enable grid operators to reduce blackouts and brownouts, providing a 'reserve electrical capacity' by operating at higher temperatures without significant thermal sag of the lines. This segment markets its cable to public, private, and governmentally owned utilities and transmission line operators. The DeWind segment designs, produces, and sells wind generation turbines in the 1.25 and 2.0 megawatt range under the brand name DeWind. It markets its wind turbines directly to wind farm operators. The company also provides consulting services related to the engineering, design, and installation of product sale solutions. It markets its products in the United States and Canadian markets, through a distribution and purchase agreements with General Cable Industries, Inc.; and directly through its subsidiary, CTC Cable Corporation. The company also offers its products in Europe and China. Composite Technology has a strategic alliance agreement with TECO-Westinghouse Motor Company. The company was founded in 1980 and is headquartered in Irvine, California.

CPTC News Yesterday, Composite Technology announced that its subsidiary DeWind Inc has shipped the last five D8-2000 wind turbines for a wind power generation project in Chile. DeWind previously shipped five turbines to the Port of Houston for the same project. The total group of ten units will be placed on a ship for immediate transport to Chile. The turbines were assembled in Round Rock, Texas by TECO Westinghouse, where DeWind's D8-2000 and D8.2 turbine assembly capabilities have been established under the terms of a Commercial Manufacturing Agreement.

Noble Innovations, Inc. (OTCBB: NOBV | Quote | Chart | News | PowerRating) Shares traded up 47.76% at $0.99

Noble Innovations was founded to research, develop, manufacture, market and sell products using various technologies generally classified as "green-conscious." Noble Innovations intends to supply products that deliver increased functionality and energy efficiency to consumers. The company's first product is the new Viridian high-quality, whole house, electric tankless water heater.

NOBV News Yesterday, Noble Innovations announced that it has added Brody Hanssen, Chief Financial Officer of Chaffey Homes, Inc., to its Executive Advisory Board. Mr. Hanssen is responsible for overseeing the financial operations of five separate offices in Washington and Arizona for Chaffey Homes, a homebuilding company founded in 1963. He also manages all corporate investments and taxes, and oversees the audits and financials for not only the corporate entity, but also for the subsidiaries, including a wholly owned restaurant, of Chaffey. Prior to 1998, Mr. Hanssen was Corporate Controller at Gargoyles Statuary, and was responsible for two acquisitions, assisted in taking the company public and for the establishment of a division in London. His background includes specialized work in manufacturing and high-tech industries, as well as involvement in the stock market and angel funding.

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