Stockguru.com: Stocks to Watch for March 20, 2009 - NGLPF, HNIN, BGPTQ, ESYM, BCST, and USPR

Posted on: Fri, 20 Mar 2009 05:26:00 EDT


Symbols: BCST, ESYM, NGLPF, USPR, HNIN, BGPTQ
Mar 20, 2009 (M2 PRESSWIRE via COMTEX) --
USPR | Quote | Chart | News | PowerRating -- Our Stocks to Watch today include : Nevada Geothermal Power Inc. (OTCBB: NGLPF | Quote | Chart | News | PowerRating), Horne International, Inc. (OTCBB: HNIN | Quote | Chart | News | PowerRating), Bearingpoint Inc. (OTCBB: BGPTQ | Quote | Chart | News | PowerRating), EcoSystem Corp. (OTCBB: ESYM | Quote | Chart | News | PowerRating), Broadcast International Inc. (OTBB: BCST | Quote | Chart | News | PowerRating), and U.S. Precious Metals, Inc. (OTCBB: USPR)

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Nevada Geothermal Power Inc. (OTCBB: NGLPF | Quote | Chart | News | PowerRating) Shares traded up 5% at $0.315

Nevada Geothermal Power Inc. is an emerging renewable energy developer focused on producing clean, efficient and sustainable geothermal electric power from high temperature geothermal resources, in the United States. NGP currently owns a 100% leasehold interest in four properties: Blue Mountain, Pumpernickel, Black Warrior, all of which are ideally situated in Nevada and Crump Geyser in Oregon. These properties are at different levels of exploration and development. NGP estimates a potential of over 200 MW from the current leaseholds.

NGLPF News Yesterday, Nevada Geothermal Power announced that incentive stock options have been granted to certain directors and employees of NGP to purchase 762,000 common shares of the Company at an exercise price of $0.45 per share for a term of 5 years. Common shares which may be acquired upon exercise of the options shall be subject to a hold period which will expire on July 19, 2009. Certain employees shall be subject to additional vesting restrictions, to some, or all, of their incentive options.

Horne International, Inc. (OTCBB: HNIN | Quote | Chart | News | PowerRating) Shares traded down 11.11% at $0.08

Horne International provides engineering services for a sustainable infrastructure, with an emphasis on security, energy, and the environment. The company is a trusted partner for its customers in the defense, environment and energy, homeland security and transportation sectors.

HNIN News Yesterday, Horne announced that it has entered into a partnership with North Main Consulting to provide federal customers with high value Lean and Agile software development process consulting. The Lean and Agile software development consulting services will significantly enhance Horne International's technology service capabilities. The partnership between Horne International and North Main Consulting was formed to address the large and growing need for highly reliable, short-cycle delivery of mission critical IT systems across the federal enterprise. Lean and Agile software development processes are proven superior approaches to delivering high quality systems more efficiently and cost effectively than traditional approaches. Horne International's experience in program and process management in the federal government market provide a solid platform from which to offer the Lean and Agile software development consulting services to its federal government customers. "The private sector has widely adopted this approach, and we are excited about the substantial potential in terms of time, value, cost, and quality it offers to the federal enterprise," said Darryl K. Horne, P.E., Chairman, President, and Chief Executive Officer of Horne International. "The need for a lean approach to government solutions with strict accountability and transparency has never been greater. The team at North Main has the track record and experience to deliver in today's environment."

Bearingpoint Inc. (OTCBB: BGPTQ | Quote | Chart | News | PowerRating) Shares traded up 12.50% at $0.09

BearingPoint, Inc. is one of the world's largest providers of management and technology consulting services to Global 2000 companies and government organizations in more than 60 countries worldwide. Based in McLean, Va., the firm has approximately 15,000 employees focusing on the Public Services, Commercial Services and Financial Services industries. BearingPoint professionals have built a reputation for knowing what it takes to help clients achieve their goals, and working closely with them to get the job done. Our service offerings are designed to help our clients generate revenue, increase cost-effectiveness, manage regulatory compliance, integrate information and transition to "next-generation" technology.

BGPTQ News Yesterday, BearingPoint announced that it has been awarded a contract for Supplier Relationship Management (SRM) functions by the Defense Logistics Agency (DLA). The first-year value of the award is $1.2 million, with a total potential value of $3.7 million over three years. The Defense Logistics Agency is the DoD's largest combat support agency, supplying the nation's military services and several civilian agencies with the critical resources they need to accomplish their worldwide missions. DLA provides wide-ranging logistical support for peacetime and wartime operations, as well as emergency preparedness and humanitarian missions.

EcoSystem Corp. (OTCBB: ESYM | Quote | Chart | News | PowerRating) Shares traded down 21.88% at $0.0025

EcoSystem is innovating industrial-scale applications of bioreactor technology that are designed to resolve compelling ecological challenges while producing valuable products.

ESYM News Yesterday, EcoSystem announced its that it has submitted a grant application to the U.S. Department of Energy's Biomass Research and Development Initiative based on EcoSystem's proprietary bioconversion technology. EcoSystem's application is based on the voracious appetite of the black solider fly, a non-pest insect, to convert locally available food scrap waste into biofuels feedstock and biobased products in a safe, clean and industrial scale engineered ecosystem. The demonstration project will be sized to convert 24,000 tons annually of food waste into natural oils, high protein aquaculture feed, and fertilizer. The demonstration project will be co-located with a regional waste transfer station in the greater Cincinnati-Dayton Ohio region where it will intercept and devour food waste prior to disposal in landfill. Natural oils produced in the project will be sold under EcoSystem's MAGFUEL brand to a refinery located in Adrian, Michigan, for conversion into biodiesel fuel. "An incredible 50% of all food grown, harvested, shipped, processed, sold and served for human consumption in the U.S. ends up in landfills," said Glen Courtright, CEO and President of EcoSystem. "The amount of resources to deal with this waste is astronomical; our society is dumping nearly 26 million tons of food scraps into landfills each year. Today the U.S. is only recovering three percent of that waste stream. We have petitioned the U.S. DOE for grant funding in support of our efforts to streamline the flow of resources into, through and out of America's food chain to reduce energy consumption, carbon emissions, and transportation and disposal costs by converting food wastes into concentrated feedstocks for regional animal consumption and next generation biofuel production."

Broadcast International Inc. (OTBB: BCST | Quote | Chart | News | PowerRating) Shares traded up 3.85% at $1.35

Broadcast International is a leading provider of video-powered broadcast solutions, including IP, and digital satellite, Internet streaming and other types of wired/wireless network distribution. BI's patented CodecSys software is a breakthrough, artificial intelligence-based video compression technology that cuts video bandwidth requirements more than 80% over satellite, cable, IP and wireless networks. By slashing bandwidth needs, CodecSys enables a new generation of applications such as streaming video to cell phones, and offers unprecedented price/ performance benefits for existing applications such as HD video. Broadcast International is a public company (OTCBB: BCST - News) headquartered in Salt Lake City, Utah.

BCST News Yesterday, Broadcast announced that the patent for its core CodecSys video compression technology has been allowed by the Canadian patent office. The technology embodies the company's breakthrough video compression software, which reduces bandwidth requirements for video transmitted over satellite, cable, IP, and wireless media. CodecSys allows, for example, up to 12 HDTV channels to be broadcast over the same network that currently has the capacity to support only two HDTV channels. The Canadian patent allowance builds the global acceptance base of the original 2007 patent that was granted for the core CodecSys video compression technology in the U.S. This technology enables multiple expert codecs (used in the compression of video signals for transmission) to be used to minimize the bandwidth required to transmit video over bandwidth-constrained networks such as the Internet. "Canada provides another productive marketplace in the growth of the CodecSys ecosystem," said Rod Tiede, President and CEO of Broadcast International. "The addition of Canada builds on our global footprint, and includes other countries such as Mexico, South Korea, Russia, Australia, Singapore, Malaysia, India and Taiwan that have issued patents that together protect the core capabilities that make our video compression capability a true breakthrough."

U.S. Precious Metals, Inc. (OTCBB: USPR | Quote | Chart | News | PowerRating) Shares stayed steady at $0.31

USPR is a mineral exploration company headquartered in Sanford, Florida and operating in Mexico through its Mexican subsidiary, U.S. Precious Metals de Mexico, S.A. de C.V. USPR owns significant exploration rights to approximately 37,000 acres of land in Michoacan, Mexico.

USPR News Yesterday, U.S. Precious Metals announced that its Board of Directors has adopted a stockholder rights plan under which its stockholders will receive a dividend in the form of preferred stock purchase rights. The distribution of the rights has no dilutive effect, does not affect earnings per share, is not taxable to USPR or its stockholders and does not change the way in which USPR's shares are traded. "The Board believes the stockholder rights plan is a sound and reasonable method for safeguarding stockholders' interests," said M. Jack Kugler, Chief Executive Officer of USPR. "The stockholder rights plan was not adopted in response to any known offers to acquire USPR and it is not intended to prevent an acquisition of the Company on terms that are favorable, fair and in the best interests of all USPR stockholders, but rather to encourage any person or group seeking to acquire USPR to negotiate with the Board and to give the Board sufficient time to study and respond to any unsolicited acquisition attempts." The stockholder rights plan is similar to rights plans adopted by many other companies except that the plan is for a one year period, which is a shorter time period than other rights plans adopted by other companies. "The stockholder rights plan is designed to ensure that USPR's stockholders receive equal treatment in the event of any proposed takeover, and to guard against partial tender offers, squeeze-outs, and other abusive tactics to gain control of USPR that could impair the Board's ability to represent stockholders' interests fully," added Mr. Kugler.

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For full details on (BCST) BCST. (BCST) has Short Term PowerRatings at TradingMarkets. Details on (BCST) Short Term PowerRatings is available at This Link.

For full details on (ESYM) ESYM. (ESYM) has Short Term PowerRatings at TradingMarkets. Details on (ESYM) Short Term PowerRatings is available at This Link.

For full details on (NGLPF) NGLPF. (NGLPF) has Short Term PowerRatings at TradingMarkets. Details on (NGLPF) Short Term PowerRatings is available at This Link.

For full details on (USPR) USPR. (USPR) has Short Term PowerRatings at TradingMarkets. Details on (USPR) Short Term PowerRatings is available at This Link.

For full details on (HNIN) HNIN. (HNIN) has Short Term PowerRatings at TradingMarkets. Details on (HNIN) Short Term PowerRatings is available at This Link.

For full details on (BGPTQ) BGPTQ. (BGPTQ) has Short Term PowerRatings at TradingMarkets. Details on (BGPTQ) Short Term PowerRatings is available at This Link.

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