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Stockguru.com: Stocks to Watch for January 8, 2009 - EMHD, CRCUF, MNGA, SHMT, SSLR, and PNTV

Thu. January 08, 2009; Posted: 04:12 AM
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Jan 08, 2009 (M2 PRESSWIRE via COMTEX) -- SSLR | Quote | Chart | News | PowerRating -- Our Stocks to Watch today include : EMTA Holdings, Inc. (OTCBB: EMHD), Canarc Resource Corp. (OTCBB: CRCUF), Magnegas Corporation (OTCBB: MNGA), Shumate Industries, Inc. (OTCBB: SHMT), Sunrise Solar Corporation (OTCBB: SSLR), and Players Network (OTCBB: PNTV)

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EMTA Holdings, Inc. (OTCBB: EMHD | Quote | Chart | News | PowerRating) Shares traded up 16.67% at $0.035

EMTA Holdings, Inc., through its subsidiaries, engages in the research, development, manufacture, and distribution of gasoline, oil, and diesel additives for engines and other transportation-related fluids and industrial lubricants. Its products include XenTx Extreme Engine Treatment, a synthetic metal conditioner that prevents the build up of engine metal particles in the walls of the engine; and Clean Boost, a fuel oil additive that improves fuel and combustion efficiency by liberating the fuel's chemical energy. The company also manufactures and sells automotive, industrial, and racing performance oils and lubricants under the name Synergyn Racing or Synergyn Performance. In addition, it offers XenTx Extreme Lubricating Spray, a multipurpose spray lubricant; XenTx Extreme Transmission Treatment, a friction reducing automatic transmission fluid; and XenTx Extreme Fuel System Treatment, a gasoline system cleaner. The company markets its products through retailers, auto parts suppliers, and Internet, as well as through direct sales representatives. It serves transportation, industrial, and consumer markets primarily in the United States, Canada, and Mexico. The company was incorporated in 2002 and is based in Scottsdale, Arizona.

EMHD News Yesterday, EMTA Holdings announced that the initial phase of a major fleet trial is complete. The trial will consist of four phases. The first is with the test trucks just having the XenTx(TM) product in the engine only. The second is to have XenTx(TM) product in the hubs and differentials (drive train). The third is to have XenTx(TM) Diesel Fuel Treatment in the test trucks. The fourth is to have all XenTx(TM) products in the test trucks. "We believe by doing four different phases we will have a better understanding of how each product positively affects each application," said Edmond Lonergan, Pres/CEO.

Canarc Resource Corp. (OTCBB: CRCUF | Quote | Chart | News | PowerRating) Shares stayed steady at $0.065

Canarc Resource Corp. is a growth-oriented, gold exploration company listed on the TSX (CCM) and the OTC-BB (CRCUF). Canarc is currently focused on advancing its New Polaris gold mine project in British Columbia and acquiring attractive gold exploration and mining projects in North America. Barrick Gold Corp. is a shareholder.

CRCUF News Yesterday, Canarc Resource announced that recent optimization work on the preliminary assessment of the New Polaris gold mine project in northwestern British Columbia has improved the project economics. The combination of new off-site treatment terms, an increased gold price and a decreased Canadian dollar exchange rate have a positive impact on the economics for the New Polaris gold mine project. At a $US 750 per oz gold price and a $US /$CA exchange rate of 0.80, the project generates a pre-tax Net Present Value ("NPV") of CA$131.2 and a pre-tax Internal Rate of Return ("IRR") of 28.8%.

Magnegas Corporation (OTCBB: MNGA | Quote | Chart | News | PowerRating) Shares stayed steady at $0.045

MagneGas is a clean burning natural gas alternative made from liquid waste. The patented Plasma Arc Flow system gasifies liquid waste such as sewage, sludge, manure and certain industrial and oil based liquid wastes. The Plasma Arc Flow refinery uses a patented electrical process to decompose the liquid waste molecules into atoms, and the atoms are then recombined into MagneGas. The system creates this hydrogen based natural gas alternative, which can power bi-fuel cars running on natural gas, cooking grills, industrial equipment and homes. It can also be used as metal cutting and welding fuel.

MNGA News Yesterday, MagneGas announced that it has purchased the patents, domain names and trademark for the MagneGas technology, previously held under a license. Details regarding this purchase can be found in the 8-K filing for this transaction by searching under the company name "MagneGas" on the SEC website www.sec.gov. CEO and Chief Scientist Dr. Ruggero Santilli stated, "We are pleased that MagneGas Corporation now owns the patents currently in use by the company and can apply for additional patents as needed within the American Continent. This purchase provides more control to the company for the future of the intellectual property."

Shumate Industries, Inc. (OTCBB: SHMT | Quote | Chart | News | PowerRating) Shares traded down 10% at $0.18

Shumate is a publicly-traded holding company that operates as a global supplier of engineered valve products through its Hemiwedge Valve Corporation ("HVC") subsidiary. In its 60,000 square foot ISO 9001 and API Q1 approved facility in Conroe, Texas, the Company manufactures and markets worldwide a patented proprietary new valve technology known as the Hemiwedge Cartridge valve product line. The Hemiwedge Cartridge valve is an innovative design that incorporates the positive features of ball, gate, plug and high performance valves resulting in a mechanically sealing, tight shutoff valve with a simple operation that provides outstanding longevity and performance in a broad range of applications with virtually no maintenance. HVC's Hemiwedge Cartridge valve product line currently ranges in sizes from two inch to twelve inch, and custom sizes to twenty inches, ANSI class 150 through 1500 and API 6D applications such as refining, mining, process, pipeline, mid-stream and petro-chemical markets.

SHMT News Yesterday, Shumate Industries announced that its Hemiwedge Valve Corporation (HVC) subsidiary has been awarded an order for approximately $200 thousand from MPO, an oilfield services company based in South East Asia, for delivery by April, 2009. The Company stated that the order's sizes range up to six inch bore size with various pressure classes up to ANSI 900 Class. The Hemiwedge Cartridge valve product line will be utilized for drilling applications in the Pacific Rim area. Mr. Christian Leuchtenberg, President of MPO, said, "We are pleased to award HVC this order for the Hemiwedge Cartridge valve. Their product's cartridge feature is a big plus for our customers as the valves in this service are typically welded-in line. After witnessing a significant test run of the product in service, we realized the product design would hold up well in this difficult application that typically wears valves more frequently from the heavy mud and entrained solids that run through the lines."

Sunrise Solar Corporation (OTCBB: SSLR | Quote | Chart | News | PowerRating) Shares traded up 10.26% at $0.43

Sunrise Solar Corporation intends to commercialize and distribute cutting edge alternative solar energy technologies and equipment. Sunrise also intends to capitalize on its institutional knowledge of emerging alternative energy technologies to develop comprehensive alternative energy plans. Sunrise Solar common stock is traded under the symbol SSLR.

SSLR News Yesterday, Sunrise Solar announced that it has been selected to provide solar power resources to four major hospitals in Brazil. The project is part of a multi-million dollar alternative energy development initiative. Brazil is a leading alternative energy producer with a strong focus on energy self-sufficiency. By encouraging industries to incorporate solar power in their energy strategy, Brazil continues to develop nationwide energy independence. "We look forward to increasing our project base in Brazil through the development of solar resources for these important facilities," noted Eddie Austin, Chairman and CEO of Sunrise Solar Corp. "Energy independence is a world priority that we are proud to be a part of."

Players Network (OTCBB: PNTV | Quote | Chart | News | PowerRating) Shares traded up 122.22% at $0.20

Players Network is a Digital Media Company that focuses on the Las Vegas and Gaming Lifestyles, producing and distributing original content for its own VOD Channels on television in over 22,000,000 homes, for its Broadband Network at www.playersnetwork.com, Blinkx, Google, YouTube and Yahoo Video, for DVD Home Video, mobile platforms, and through worldwide television syndication. Players Network has a 10-year history of providing consumers with quality Gaming and Las Vegas Lifestyle content, and the gaming industry with strategic partnership services in Las Vegas, Atlantic City, and throughout the worldwide Gaming Industry.

PNTV News Yesterday, Players Network entered into a content syndication and revenue sharing agreement with the Sling Media, Inc., a wholly owned subsidiary of EchoStar Corporation. Sling.com is an online Video Entertainment platform that provides high quality full-length shows, movies and clips with user customization and community features. Players Network will have its own branded channel on Sling.com where users will have free access to Players Network's extensive library of over 1,500 original Gaming and Las Vegas lifestyle programs. Sling.com users will be able to subscribe to the Players Network Channel and choose to engage in the social community built around the content. In addition to Sling.com, Players Network broadband distribution includes Hulu.com, Blinkx.com, Google Video, Yahoo Video, YouTube, and PlayersNetwork.com. Players Network also has extensive television distribution on Comcast Cable, Direct TV, AT&T's U-Verse, Verizon FiOS, and Tivocast.

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