OTCPicks.com: OTCPicks.com Stocks to Watch for Friday, July 25th GNAU, FDRA, CCMJ, BCND, CNEX, PODM

Jul 25, 2008 (M2 PRESSWIRE via COMTEX) -- PODM | Quote | Chart | News | PowerRating -- Our Stocks to Watch tomorrow include General Automotive Co. (OTCBB: GNAU), Foldera Inc. (OTCBB: FDRA), CruiseCam International Inc. (OTC: CCMJ), Beacon Redevelopment Industrial Corp. (OTC: BCND), Cannon Exploration Inc. (OTC: CNEX | Quote | Chart | News | PowerRating) and Podium Venture Group Inc. (OTC: PODM).

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GENERAL AUTOMOTIVE COMPANY (OTCBB: GNAU | Quote | Chart | News | PowerRating) "Up 119.35% on Thursday"

Detailed Quote: http://www.otcpicks.com/quotes/GNAU.php

General Automotive Company ("GAC") is a provider of original equipment and aftermarket automotive parts, mobile electronics, and related automotive products at multiple levels of distribution throughout the United States and internationally. Through its two wholly owned subsidiaries, Global Parts Direct and OE Source, the company focuses its efforts on utilizing its relationships with manufacturers in China, Korea and Japan to bring state-of-the-art automotive parts, accessories and products to automobile manufacturers and major parts distributors in the U.S. For more information on GAC and its products, visit www.generalautomotive.com.

GNAU News:

July 24 - General Automotive Announces Joint Venture to Develop and Market Advanced Fuel Cell Technology

* Partners with SenCer to Commercialize Breakthrough Approach for Powering Vehicles

* Additional Goal of Developing Next-Generation Oxygen Sensors

General Automotive Company (OTCBB: GNAU | Quote | Chart | News | PowerRating) ("GA"), a global provider of parts, accessories and advanced technology for the automotive industry, today announced a joint venture with SenCer Inc. to develop, commercialize and market SenCer's groundbreaking UltraTemp ceramic composite materials for accelerating the development of energy-efficient, environmentally friendly fuel cell technologies. The joint venture will also advance the development of next-generation oxygen sensors, which represent a significant part of GA's current business.

A Rochester, NY-based research firm known for its engineering expertise in advanced ceramic systems, SenCer has developed a series of next-generation ceramic fiber/ ceramic matrix composite materials with a wide variety of applications, including fuel cell stacks for powering automotive engines. The goal of the joint venture will be to develop a series of prototypes that will significantly advance the process of commercializing and, ultimately, mass producing fuel cells.

GA President and CEO Joseph DeFrancisci commented, "Hydrogen-powered fuel cells are widely viewed as a potential solution for higher energy prices and environmentally damaging emissions. The automotive sector, in particular, stands to reap tremendous benefits from this emerging technology as the engineering challenges that have confronted the industry to date are solved.

"SenCer's groundbreaking technology solves the two most persistent problems in fuel cell design - cost and durability - by replacing expensive platinum conductors with co-fired proprietary ceramic conductive layers. This is a breakthrough approach, and we are pleased to position GA at the forefront of this important effort through our joint venture with SenCer, which over the last 10 years has provided research and core ceramic materials to some of the leading developers of solid oxide fuel cells (SOFC).

"Additionally, the joint venture offers GA important benefits in the short term since SenCer's ceramic composite technology is also key to the design of next-generation oxygen sensors, which constitute an important revenue stream for GA today."

David Burt, President of SenCer and Chief Technology Officer of the new joint venture, stated, "We're very excited about the opportunity to partner with GA, whose business start-up and marketing capabilities will be key ingredients to our success. SenCer has taken a different direction to solving problems in fuel cell design by developing our UltraTemp Ceramic Composite as a support system for conductive ceramic layers. Our proprietary system is field-proven to bond multiple layers for long life and at low cost at temperatures almost twice that of conventional fuel cells. In addition we have a system that can operate at temperatures much lower than traditional SOFCs, thereby providing even longer life."

Mr. DeFrancisci concluded, "By combining SenCer's breakthrough technology with GA's business know-how and extensive industry contacts, we believe we can have a real impact on advancing the development and deployment of automotive fuel cell technology and on the design of more sophisticated oxygen sensors to help maximize fuel economy and minimize exhaust emissions. Cost-effective and durable fuel cell systems can provide an answer to some of the most pressing global problems, and our joint venture will help realize the tremendous potential of this field."

ABOUT SENCER INC.

Established in 1996, SenCer Inc. is a technology research firm that has developed a ceramic composite material, UltraTemp, with remarkable thermal properties and bonding capabilities. The new technology has applications in oxygen sensing (automotive and medical markets); oxygen generation (aluminum - inert anodes, gas generation, medical); and power generation (fuel cell technology). SenCer has been a behind-the-scenes player in many developments using ceramic composites. It maintains a 20,000 square foot manufacturing facility in Penn Yan, NY.

FOLDERA INCORPORATED (OTCBB: FDRA | Quote | Chart | News | PowerRating) "Up 240.00% on Thursday"

Detailed Quote: http://www.otcpicks.com/quotes/FDRA.php

Foldera, Inc., a development stage company, focuses on providing software services for email and file sharing to consumer and business users. It plans to offer Foldera, a suite of Web-based applications, including email, file sharing, calendar, contact manager, and task manager in an integrated software-as-a-service solution that would provide users with a way to manage, aggregate, and organize emails and files, projects, activities, communities, or users primarily for individuals, businesses, and organizations in the United States. The company intends to serve consumers and small to mid-size businesses through ISPs, ASPs, and mobile operators, using a SaaS delivery model in Europe. Foldera, Inc. was founded in 2001 and is based in Santa Ana, California.

FDRA News:

July 23 - Foldera Issues Letter to Shareholders

Foldera Introduces New Management Team and Strategic Direction

Foldera, Inc. (OTCBB: FDRA | Quote | Chart | News | PowerRating) unveiled the Company's new strategy, management team, market thrust, name and capital structure by issuing the following letter to shareholders:

Dear Shareholder:

We are pleased to announce that Foldera has now successfully transitioned itself from being a developer of web-based organization and collaboration software. We have searched to find the right market, management team and product with which to take the Company forward and we would like to take this opportunity to outline the Company's future plans.

New Strategic Direction

The Company's principal market moving forward is with the core network infrastructure of the telephone companies, cable operators and wireless suppliers. The Company has recruited a new management team with a wealth of telecom infrastructure experience and who have already independently completed much of the software development for a High Speed, High Density Carrier Grade Ethernet Switch that will be the Company's initial product launch. Along with our product development partners, we are continuing to develop the software and hardware in a closely integrated program that will result in timely implementation of the system using components that will exceed all carrier and prospective customer requirements.

There are other players attempting to enter these markets. Cisco Systems (CSCO), Juniper (JNPR), Force10, Alcatel-Lucent (ALA), Huawei, World Wide Packets and Foundry Networks (FDRY) clearly have well-established brand names and large customer bases. However, they also have legacy technologies and cannot re-launch into new markets with products that must be redesigned/re-architected and which would cannibalize their existing product lines. We will compete in the high density, carrier grade 10 Gigabit switch market with a switch that is both extensible and affordably scalable. This will present a new standard' in the market and the Company will be a first mover' in this segment.

The Company's new technology will transform the Ethernet Switching market segment by developing and selling dramatically more cost-effective, scalable solutions for High Speed Ethernet switching with the industry's first 288 10 Gigabit port Ethernet switch as our initial product launch at the National Association of Broadcasters (NAB) Show in Las Vegas in April 2009.

Corporate Name Change

As is appropriate with this major change in the Company's direction, we have decided to change the name of the business to CeCors, Inc., an acronym for Carrier Ethernet Core Switch and pronounced SeaCores.' This will become effective in the coming weeks as the Company's legal name, registrations, trading symbol and marketing materials are changed.

Expanding Management Expertise

The CeCors executive team brings 100+ years of combined management experience in IT and communications technology, manufacturing, sales and marketing. The team has worked together and successfully led a number of liquidity events, such as mergers and acquisitions, as well as IPO's.

As of July 18, 2008, Jim Fiedler, an experienced and respected leader in the telecom industry, with vast experience in running early and mid-stage telecom networking and services companies, has become Chairman, President and CEO of CeCors. His experience and contacts within the industry will provide exceptional leadership into the future.

The management team now includes:

James J. Fiedler - Chief Executive Officer - Formerly President & CEO of Summa Four (which executed an IPO & was later sold to Cisco for $400 million), Coyote Systems (CEO), Timeplex (COO) (which was sold to Ascom for $420 million), Unisys, General Instrument and Sperry. Jim earned a BS in Mathematics and BA in Physics from Kent State University and holds numerous honorary PhD's.

Dan Hoy - Chief Operating Officer - Formerly CEO of Wildfire, Inc. (which was sold to Orange Plc for $140 million (20x revenue)). Formerly President of Coyote Systems, COO of Summa Four, VP at Unisys and VP of General Instrument. Dan received his BA and MBA from Seton Hall University.

Reid Dabney - Chief Financial Officer - Prior to joining Foldera as CFO, Reid held senior financial management positions with Philip Morris, Pillsbury and Ecolab. He worked as an investment banker at Dain Rauscher Wessels and Keefe, Bruyette & Woods. Reid has a BA in Literature and Economics from Claremont McKenna College and an MBA in Finance from the University of Pennsylvania's Wharton School.

Ananda Perera - Chief Technology Officer - Formerly CTO of Raptor Networks. Ananda has also held various positions with Viacom, Amdahl and MCI He earned his BS in Computer Engineering at the University of Colombo (Sri Lanka and England). Ananda holds seven patents in switching technologies.

Sri Chaganty - Vice President, Software Development - Founder of the Ceeyes Group, HolonTech (CTO), NEC, GTE Telecom, Unisys. He received his BS in Electronics and Computers from Andhra University (India) and an MS in Computer Engineering from Drexel University. He holds five patents in the area of high availability networking.

Hugh Dunkerley - Senior Vice President, Corporate Finance - Prior to being COO & interim CEO of Foldera, Hugh was part of the Small-Mid Cap Equities team at Hunter Wise Financial Group, LLC, specializing in investment banking advisory services to US and EU companies. He holds a BA (Honors) in Business Studies from the Westminster University, London and an MBA from South Bank University, London. He also holds Series 7 and 66 FINRA licenses.

The New Market Overview

The last two decades have witnessed not only an explosive growth in the amount of information available to all of us but, also, an almost insatiable requirement to get it as fast as possible. Existing Public Transport Networks and their switching components (the backbone of the Internet) are coming close to their practical limits. This information explosion has been amplified as the data has changed from voice, analog signals and low speed data to now being high speed, interactive digital signals, high speed data and multimedia (video). The impact of the Triple Play' of voice, data and broadcast video is forcing a rapid expansion of the network in order to transport an increased bandwidth of data.

The very nature in which the existing systems function preclude them from operating successfully in the multiple Gigabit environments of the near future as they are throttled by the switching technology that is inherent in their design. A new solution for the core switching requirements is mandatory. This market was $3.5 billion in 2005 and has been forecast to grow at an annual growth rate of 54.7% through 2010 by Infonetics. The Company projects that this market will support revenue achievement of $12 million in 2009 and $30 million in 2010.

CeCors, Inc.

CeCors' primary facility will remain at 2952 Daimler Street, Santa Ana, in Southern California. Additionally, the Company will maintain a Software Development facility in San Jose, along with a 64 person development team in India which has worked together for 11 years in providing market proven turnkey software cores on various switching fabrics from Marvel (MRVL), Broadcom (BRCM), LSI (LSI), and others. Including our Indian contract software team, we anticipate having approximately 80 people on board by the end of calendar 2008.

In order to allow for the realization of this plan, especially with respect to presenting a capital structure that will provide for additional funding and increased shareholder value, the Company's Board of Directors has decided to initiate a 1:10 reverse stock split of its outstanding shares effective as soon as possible. We believe that this will provide substantial benefits to all stakeholders in CeCors.

Strengthened by a new strategic direction and a solid, experienced management team, CeCors has a renewed purpose, vitality and increased opportunities for growth. It is a privilege to be a part of this Company going into what we strongly believe to be an exciting and rewarding future.

Sincerely yours,

Hugh Dunkerley & Jim Fiedler

ABOUT CECORS, INC.

CeCors is a provider of high-performance, high density, public metro Ethernet switching, including Layer 2/3 switching platforms. CeCors' customers will be metro service providers, telecom, cable and wireless companies. For more information about the Company and its products, visit www.CeCors.com.

CRUISECAM INTERNATIONAL INCORPORATED (OTC: CCMJ | Quote | Chart | News | PowerRating) "Up 113.04% on Thursday"

Detailed Quote: http://www.otcpicks.com/quotes/CCMJ.php

CruiseCam International, through its two operating subsidiaries, develops and markets integrated, "in-car" camera mount and recording systems for law enforcement, consumer, commercial and transportation applications, as well as for competition racing cars. The Company's patented technology and industry-first "Cruisecam" offering have been developed since 1996, and are distributed nationwide. For more information, visit www.cruisecam.com.

CCMJ News:

July 24 - CruiseCam Receives Two Offers for Corporate Reverse Merger

Over the course of the last two months, CruiseCam International, Inc. (OTC: CCMJ | Quote | Chart | News | PowerRating) has been approached by several companies interested in a corporate merger. Recent events have led management of CruiseCam International, Inc. to reconsider these offers. "The expanding interest in our products has provided us with an opportunity for substantial market penetration if the company has the wherewithal to supply that growing interest. We now believe that a partner who brings substantial financial backing would allow us to take full advantage of these opportunities as soon as possible," stated Scott Watkins, CEO of CruiseCam International, Inc.

The first offer has been communicated in a term sheet that would merge both a public and a private company into CCMJ. The nature of the merger would include management resources, monetary influx and other considerable assets. CCMJ has stipulated a counter offer that is being reviewed by the other party. The second offer includes the same terms but additionally would include new distribution channels which would provide new revenue opportunities. Because it is an established business entity, it has the capacity to provide capital for inventory, increased executive staff (especially financial officers), all of which will be beneficial to the continued successful operation of CruiseCam.

Negotiations with these companies are presently ongoing and CruiseCam International, Inc. anticipates the definitive conclusion of these negotiations within the next 4 weeks.

In support of the potential mergers and the pursuit of bringing the company's filing current, CCMJ is establishing a new accounting office in Miami, Florida.

It should also be noted that CruiseCam is in the process of updating the company website with contact information as well as other pages and expects the changes to be completed shortly.

Additionally, the production-ready system for the long-awaited VetteCam is now completed. The first production samples are being shown to customers presently. In recognition of this important development the company would like to acknowledge CruiseCam's Vice President of Development, J.E. Lamont who is in charge of the China office and contracted manufacturing facilities in Guangzhou, China. This technology (VetteCam) extends itself to not only commercial trucking but has security applications as well. In addition, it will be made into a generic version to accommodate different styles of automobile seats. Furthermore, the product is modular, which allows the camera pod from the Corvette system to detach, therefore working on all the CruiseCam InCar(TM) camera mounts.

Mr. Watkins also stated that, "It has been brought to the company's attention that Pinksheets.com has outdated information. This was a regrettable oversight on the part of the company and we apologize for that. We are taking the necessary measures to rectify this and it is our understanding that a change in company status on Pinksheets.com may take up to 30 days."

The share structure as stated in previous press releases remains the same.

BEACON REDEVELOPMENT INDUSTRIAL CORP. (OTC: BCND | Quote | Chart | News | PowerRating) "Up 100.00% on Thursday"

Detailed Quote: http://www.otcpicks.com/quotes/BCND.php

Beacon specializes in acquiring undervalued deteriorating properties that offer the potential for above average return on investment, the properties must offer recyclable/salvageable materials along with the potential for redevelopment; the company also seeks along with the above for mentioned, properties that have the possibility for governmental grants, tax rebates or deferments as part of their criteria for acquisition. Visit www.beaconredevelopment.com for all the latest information and updates.

BCND News:

July 24 - Beacon Redevelopment Industrial Corporation Rejects an Unsolicited 5.5 Million Dollar Salvage Offer From a Salvage Contractor

Beacon Redevelopment Industrial Corporation (OTC: BCND | Quote | Chart | News | PowerRating) announced it has rejected a 5.5 million dollar unsolicited salvage offer for its Westmoreland, PA property. Instead, the company will put the demolition/recyclable contract out for bid.

The company believes that the salvageable value of the property to be in the range of $15,000,000 to $18,000,000 million dollars and anything less than that is unacceptable.

"I have the fullest desire to demolish and redevelop the Westmoreland site; however I will not compromise the value of the property or its redevelopment value for a quick gain. The dismantling and salvage sale will be done in the best interest of the shareholders and the company," said Adam Marek, President.

Beacon estimates that there is between 9 and 10 million recyclable Chicago bricks that have a wholesale value of 0.50 to 0.75 cents a piece. In addition, Beacon also estimates that there is at least 40,000 tons of recyclable steel with a value (at today's scrap steel prices of $250.00 to $300.00 per ton).

About The Property

A group of investors built the factory in 1889, and the first glass from the factory was sold in 1890. Historical documents indicate that the factory was purchased because of the natural gas on the land. To this day, natural gas wells exist on the property. It also has rail access that can be utilized once a new complex is built.

Beacon PA recognizes the historical impact of the former Westmoreland Glass Company factory and is investigating the feasibility of creating a commemorative brick to collectors with a notarized certificate of authenticity. The Westmoreland Glass Company factory is a famous facility and its glass is the subject of two separate collector organizations. The Westmoreland Glass Society (www.westmorelandglassclubs.org) and the National Westmoreland Glass Collectors Club (www.westmorelandglassclub.org) members monitor and collect Westmoreland Glass. Therefore, we believe that we should offer such a program to collectors.

CANNON EXPLORATION INCORPORATED (OTC: CNEX | Quote | Chart | News | PowerRating) "Up 81.82% on Thursday"

Detailed Quote: http://www.otcpicks.com/quotes/CNEX.php

Cannon Exploration is positioning itself to emerge as a pre-eminent resource exploration company in the North American mining industry, and particularly properties located in preferred mining districts in Canada.

CNEX News:

July 24 - Cannon Exploration Inc. Announces Acquisition

Exercises Option Agreement for up to 100% Ownership of "The Queen Alexandra" Gold Mine

Cannon Exploration Inc. (OTC: CNEX | Quote | Chart | News | PowerRating) announced that it has exercised its option to acquire 100% ownership of The Queen Alexandra Mine, located outside of Dryden, in Northern Ontario, Canada, having fully satisfied their requirements relating to the due diligence and initial earn in.

The Queen Alexandra Mine has known gold values, having produced gold in the past. Based on the historical data available, a recent geophysical testing program, completed by Cannon Exploration, demonstrated a possible extension of the mineralized zone.

Cannon Exploration Inc. will now begin full exploration of the Queen Alexandra property.

More information and data will be released in the coming weeks as it becomes available.

PODIUM VENTURE GROUP (OTC: PODM | Quote | Chart | News | PowerRating) "Up 73.33% on Thursday"

Detailed Quote: http://www.otcpicks.com/quotes/PODM.php

Podium Venture Group Inc. (www.podiumvg.com) is a holding company with holdings in wireless broadband and disaster recovery & business continuity. Coastal Broadband (www.coastalbb.com) is a subsidiary of Podium Venture Group and is a wireless broadband provider in Southern Georgia. Noh Limits Consulting (www.nohlimits.com) represents Podium Venture Groups holdings in the disaster recovery & business continuity markets.

PODM News:

July 24 - Capital Oil & Gas, Inc. Has Agreed to Acquire Three Additional Locations

Capital Oil & Gas, Inc. (OTC: PODM | Quote | Chart | News | PowerRating) announced that it has agreed to acquire/lease three additional full service gas/convenience stations in Florida to add to its growing portfolio.

The company believes that these additional three stations will add an additional $18,000,000 to $20,000,000 million per year in revenues to its ongoing operations/revenue stream.

The company will pay for these acquisitions/leases from existing cash flow and will not impede on the capital structure of the company as management views any change in capital structure as counter productive.

"It is the intent of executive management to acquire/lease enough stations to generate a minimum of $100,000,000 million per year in revenue, with a potential profit margin of 8% to 10% per year overall, the company believes that it would then be in a position to become a fully reporting company and move to a more respectable venue," said Mr. Ariel Rodriguez, President & COO.

ABOUT CAPITAL OIL & GAS, INC.

Capital Oil & Gas operates retail filling stations/convenience stores throughout the State of Florida; the company is aggressively seeking additional acquisitions that can meet its financial criteria. For more info, visit www.capitaloilgroup.net.

July 23 - Podium Venture Group Board of Directors Has Agreed to Acquire Capital Oil & Gas, Inc.

Podium Venture Group, Inc. (OTC: PODM), announced that its Board of Directors has approved the acquisition of Capital Oil & Gas, Inc. as a wholly owned subsidiary of Podium Venture Group.

Capital Oil & Gas operates retail gas stations with convenience stores under the Chevron brand; the company will have revenues in excess of $25,000,000 dollars per year.

"The company is extremely excited to complete this acquisition and will continue to add new locations on a regular basis; the company has already contracted additional locations that will add significant additional revenues and growth to our existing revenue stream," said Mr. Ariel Rodriguez, President & COO.

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