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OTCPicks.com: OTCPicks.com Daily Market Movers Digest Midday Report for Friday, January 9th SMAS, SPNG, ANSV, CCTYQ, EMMS, EFGU

Fri. January 09, 2009; Posted: 11:52 AM
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Jan 09, 2009 (M2 PRESSWIRE via COMTEX) -- SPNG | Quote | Chart | News | PowerRating -- Our Stocks to Watch today include Somatic Systems Inc. (OTC: SMAS), SpongeTech Delivery Systems Inc. (OTCBB: SPNG), Anesiva Inc. (Nasdaq: ANSV), Circuit City Stores Inc. (OTC: CCTYQ), Emmis Communications Corp. (Nasdaq: EMMS | Quote | Chart | News | PowerRating) and Empire Film Group Inc. (OTC: EFGU).

Visit http://www.otcpicks.com/microcap.htm to register for our Daily Market Mover's Digest Newsletter and Email Stock Watch Alerts.

SOMATIC SYSTEMS INCORPORATED (OTC: SMAS | Quote | Chart | News | PowerRating) "Up 100.00% in morning trading"

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

Company Profile: http://www.otcpicks.com/somatic-systems/somatic-systems.htm

Somatic Systems is the worldwide center for Clinical Somatics, the groundbreaking drug-free, non-surgical approach to pain relief. This proprietary system uses natural, non-invasive movement techniques - conducted through one-hour hands-on sessions, therapeutic exercises classes, and home exercises lasting as little as 5 minutes a day - to relieve pain and limitation resulting from accident, trauma and repetitive stress, including back pain, knee pain, joint problems, carpal tunnel syndrome, TMJ, scoliosis, bursitis, sciatica, headaches, tendonitis and more. Clinical Somatics also provides performance gains and injury prevention for casual and professional athletes. Somatic Systems is pursuing a 3-part growth strategy, consisting of a nationwide rollout of pain management Somatics Clinics; increased production and distribution of therapeutic videos, books, and other retail self-help Somatics Products; and expanded Somatics Training Programs to supply Clinic practitioners serving medical and orthopedic professionals and institutional and corporate programs. The company operates a suite of web sites offering Somatics information, products, resources and opportunities at www.somatics.org.

SMAS News:

January 7 - Somatic Systems, Inc. Approved for Healthcare National Provider Registry

Somatic Systems, Inc. (OTC: SMAS | Quote | Chart | News | PowerRating) announced that it has been approved and is now listed in the National Provider registry, and the company has received its National Provider Identifier (NPI) code by the United States Centers for Medicare and Medicaid Services.

This is a significant step in the process of Somatic Systems becoming fully approved by US military health insurance, a system that provides treatment for more than 70 million soldiers, veterans, and dependents. The NPI assignment and acceptance in the NPI Registry is required to be covered by government and military health insurance. Somatic Systems' application was submitted, reviewed, and approved.

Somatic Systems stated it is currently moving forward with the next phases of the approval process, and furthering its military contracts efforts via discussions and strategic partnerships with key military and related personnel. This week, company representatives are meeting with the Veterans Administration and the Disabled American Veterans organization, to discuss their provision of treatment services.

The Military Chronic Pain Crisis

Somatic Systems has been working to provide its proprietary Clinical Somatics pain-care services for US military hospitals and the Veterans Administration. In addition to seeking in-house arrangements at bases and facilities, the company also announced that it is preparing to rollout multiple clinics at military base locations throughout the US, to provide easy access to Clinical Somatics services at a time when the US military is strongly seeking satisfactory pain treatment solutions such as Clinical Somatics - and following a wave of legislation including the Military Pain Care Act of 2008, which requires the Department of Defense, Veterans Affairs, and Health and Human Services and the Surgeon General of the United States to implement and maintain a pain care initiative in all military health care facilities and for all active and retired military personnel, dependents, and survivors.

Nearly 26 million living Americans have served in the military, and pain is the most common symptom and cause of disability amongst veterans, with more than 40% of returning service members reporting musculoskeletal pain-related problems and symptoms. Additionally, long-term sufferers as well as family members and other dependents of all ages also face pain and other musculoskeletal problems; and this population totals over 70 million people, served by the Veterans Administration. In the face of this, military officials, medical authorities, and government officials have reported frustration that the military does not yet have a satisfactory pain care program in place.

SPONGETECH DELIVERY SYSTEMS (OTCBB: SPNG)

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

Company Profile: http://www.otcpicks.com/spongetech/spongetech.htm

SpongeTech Delivery Systems is a development stage company which designs, produces, markets and distributes cleaning products for vehicular use utilizing patented technology relating to sponges containing hydrophilic (liquid absorbing) foam polyurethane matrices. The Company's sponges are specially configured with an outer contact layer and an inner matrix, which is loaded with specially formulated soaps and wax that are released when the sponge is applied to a surface with minimal pressure. The Company's products are currently designed specifically for vehicular cleaning use. However, the Company is exploring the possibility of using its patented technology for the development of sponges for other uses, including for use with anti-bacterial, bath and kitchen soaps for household uses, as well as for use as a children's bath foam sponge.

SPNG News:

January 8 - SpongeTech Delivery Systems, Inc. Corporate Buy-Back of 50 Million Common Shares is Completed

Company Announces Changes in Capital Structure; Corporate Buy-Back Completed; New One Started

SpongeTech Delivery Systems, Inc. (OTCBB: SPNG), America's Cleaning Company, announced that the corporate buy-back of the company's 50,000,000 common shares is completed. Repurchased stock will be returned to company's treasury and removed from the trading float. The Board of Directors had convened a meeting to discuss additional positive measures to reduce the total outstanding shares in SpongeTech's stock. As a result of the meeting, the next action being taken by the company will be to exercise a new repurchase of 25,000,000 shares of the company's common shares from the open market. The repurchase would again reduce the number of outstanding shares of the company stock thereby decreasing the company's overall market cap and reduce the trading float.

SpongeTech Delivery Systems, Inc., COO, Steven Moskowitz said, "The management is committed and prepared to support any and all permissible actions to maintain the fundamental value of our common stock. We feel strongly about the company and its growth prospects, and feel that a repurchase plan, at this time, is justified and prudent in its development, as well as enhancing shareholder value."

ANESIVA INCORPORATED (NASDAQ: ANSV | Quote | Chart | News | PowerRating) "Up 34.79% in morning trading"

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

Anesiva, Inc. seeks to be a leader in the development of novel pharmaceutical products for pain management. The company's lead product candidate is Adlea, a novel small molecule formulation of capsaicin that is currently in development for the management of acute pain following orthopedic surgeries. Adlea has been shown in previous clinical trials to provide extended pain relief after only a single administration in multiple indications for site-specific, acute and chronic, moderate-to-severe pain. Anesiva is based in South San Francisco, CA.

ANSV News:

January 9 - Anesiva Announces FDA Approval of Supplemental New Drug Application to Expand Zingo Indication

Anesiva, Inc. (Nasdaq: ANSV | Quote | Chart | News | PowerRating) announced top-line results showing that the Phase 3 trial evaluating Adlea, its long-acting, non-opioid analgesic drug candidate, achieved its primary efficacy endpoint of reducing post-surgical pain versus placebo (p=0.03) following total knee arthroplasty (TKA, or total knee replacement surgery) at four to 48 hours after surgery. The trial also met its key secondary endpoint with Adlea demonstrating a highly significant reduction in opioid medication consumption compared to placebo (p=0.005). Adlea is a long-acting, non-opioid drug candidate in development for the management of acute pain following orthopedic surgery.

The Phase 3 TKA trial, known as ACTIVE-2 (Assessment of highly purified Capsaicin To ImproVE pain management after orthopedic surgery), also showed that Adlea's safety profile of adverse events, wound healing, and wound sensory function were similar to placebo over the study duration.

"These compelling results confirm the analgesic contribution of Adlea during the most critical period following total knee arthroplasty with simultaneous opioid sparing effect, all without adding to the systemic side- effects commonly seen with opioids. These results suggest that Adlea has the potential to facilitate early rehabilitation in the knee replacement population," said William Houghton, M.D., Anesiva's senior vice president and chief medical officer.

"The ACTIVE-2 data convincingly validate the value of the Adlea asset and will support our plans to partner or license this product candidate," said Michael L. Kranda, Anesiva's president and chief executive officer.

"Over the past several months, we have revised the company's business model to significantly reduce our burn rate, and will achieve our goal of operating largely as a virtual company by year-end," Mr. Kranda said. "We now have retained a dedicated team ideally suited for Adlea clinical development and partnering within a cost structure that is appropriate for the current environment. With these positive developments, we look forward to rebuilding value for Anesiva through our virtual model, and through active partnering and licensing programs."

ACTIVE-2 Details

This multicenter, double-blind, placebo-controlled trial enrolled 217 patients undergoing total knee arthroplasty. Patients were randomized to receive either a single 60 mL dose of Adlea (0.25 mg/mL drug concentration) or placebo instilled into the surgical site immediately prior to wound closure. The primary efficacy endpoint was the area under the curve of patient pain scores, using a standard 0 to 10 numerical weighting system from four to 48 hours post-surgery. The study also evaluated rescue opioid consumption. Additional patient safety follow-up at two to six weeks after surgery demonstrated an advantage in pain management for Adlea versus placebo, with a similar safety profile.

Adlea Phase 3 Results in Bunionectomy Surgeries

A previous Phase 3 trial of Adlea, ACTIVE-1, in bunionectomy surgeries, demonstrated a highly statistically significant reduction in pain (p=0.004) from 4 to 48 hours post-surgery for Adlea-treated patients versus placebo, although the primary endpoint, pain at 4 to 32 hours post-surgery, narrowly failed to achieve statistical significance (p=0.07). The trial also achieved the key secondary endpoint of reducing opioid use for Adlea versus placebo (p=0.012) over the four to 32 hour period, and Adlea was well-tolerated.

How Adlea May Address the Need for Long-Acting Pain Relief

Adlea is a highly purified form of capsaicin (derived from chili peppers) that acts on TRPV1 receptors, expressed most densely in C-fiber neurons. Importantly, desensitization of the TRPV1 receptors blocks noxious pain with no effect on adaptive pain or position sense. Adlea generally has a short half-life of 1 to 2 hours. It is undetectable in the blood after 24 hours.

Adlea's short duration of systemic exposure (hours) relative to the long duration of analgesia may offer a safe, additive treatment option in the management of orthopedic post-surgical pain. Importantly, Adlea appears to have a safety profile that is largely similar to placebo, in studies performed to date.

ABOUT TOTAL KNEE ARTHROPLASTY

Total knee replacement (also known as total knee arthroplasty) is generally performed in patients with end-stage osteoarthritis of the knee. These patients have disabling pain which imposes severe limitations on their mobility, and knee replacement is performed with the goal of relieving pain and restoring mobility and knee function. There were an estimated 565,000 total knee replacement procedures performed in the United States in 2006, and the number of replacements will continue to grow as the average age of the U.S. population increases and as these individuals conduct more active lives. The American Academy of Orthopedic Surgeons projects that approximately 3.5 million of these procedures will be done each year by 2030.

CIRCUIT CITY STORES INCORPORATED (OTC: CCTYQ | Quote | Chart | News | PowerRating) "Up 46.88% in morning trading"

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

Circuit City Stores, Inc. is a leading specialty retailer of consumer electronics and related services. At December 31, 2008, the domestic segment operated 567 stores in 153 U.S. media markets. At December 31, 2008, the international segment operated through approximately 765 retail stores and dealer outlets in Canada.

CCTYQ News:

January 9 - Circuit City Stores, Inc. Provides Update

Circuit City Stores, Inc. (OTC: CCTYQ | Quote | Chart | News | PowerRating) provided an update on developments in its United States Bankruptcy Court proceedings, its restructuring activities and its operations.

On January 5, 2009, the company filed a motion with the Bankruptcy Court that seeks approval of procedures that would formally put the company up for sale, as a going concern, as separate business units or as individual assets - including the sale of inventory.

Presently, the company is engaged in significant discussions, meetings and negotiations with two highly motivated and interested parties concerning the terms of a going concern transaction. These interested parties are considering providing additional financing to allow the company to sustain operations and move forward with a subsequent restructuring through a stand-alone plan and/or purchasing the company or all or substantially all of the company's assets. The parties have substantially completed due diligence and now are in negotiations with the company and the company's major stakeholders in order to finalize such a transaction. While the company is optimistic that a transaction can be successfully finalized, no assurance can be given that this will occur.

The motion was originally filed under seal and is being "unsealed," or made public, by the Bankruptcy Court today in order to conduct a hearing on the motion on Friday, January 9, 2009. The company was required to file the motion pursuant to an amendment to the company's debtor-in-possession (DIP) credit agreement, which was approved under seal by the Bankruptcy Court on December 23, 2008. The motion currently provides that an auction of the company and its assets would commence on January 13, 2009, and a sale hearing would occur on January 16, 2009.

The company's discussions with the interested parties could result in a sale agreement, or the company and the lenders could further amend the DIP credit agreement prior to the January 16, 2009, sale hearing. If no agreement is approved with a party interested in a going concern transaction by January 16, 2009, and the auction does not result in a sale of the company's assets, the motion provides that the company may enter into a transaction that will result in an asset liquidation process commencing soon after the sale hearing scheduled for January 16, 2009, absent any further amendment to the DIP credit agreement deadlines.

Restructuring and Operations Update

The company has continued to operate its business without interruption, and management is focused on developing and executing a comprehensive corporate restructuring plan. Initial successes toward restructuring the company's business and operations include the following:

1) As planned, in the months of November and December, the company completed liquidation sales in and subsequently closed 155 domestic stores that were underperforming or were no longer a strategic fit for the company.

2) The company has achieved significant selling, general and administrative expense reductions as it restructures it business to align operations with its smaller national store base and has implemented more stringent expense controls.

3) The company has retained DJM Realty Services, Inc. to negotiate reduced rent for leased properties and to sell owned properties.

4) The company's sales trends improved significantly during the last two weeks of December, and the combination of the improvement in sales and focus on gross margin has enabled the company to continue to operate well within the operating budget required by the amended DIP credit agreement.

The case number for Circuit City's Chapter 11 filing in the United States Bankruptcy Court for the Eastern District of Virginia is 08-35653. Additional information on the filing can be found by visiting the company's investor information home page at http://investor.circuitcity.com and clicking on "Breaking News" and at www.kccllc.net/circuitcity.

EMMIS COMMUNICATIONS CORPORATION (NASDAQ: EMMS | Quote | Chart | News | PowerRating) "Up 25.64% in morning trading"

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

Emmis Communications Corporation, a diversified media company, together with its subsidiaries, operates as a radio broadcasting company in the United States. The company also operates an international radio business; operates a network of radio stations in the Flanders region of Belgium; owns a national radio network in Slovakia; and owns 59.5% interest in a national radio station in Hungary and control interests in 3 national radio networks in Bulgaria. In addition, it publishes various city and regional magazines, including Texas Monthly, Los Angeles, Atlanta, Indianapolis Monthly, Cincinnati, Orange Coast, Tu Ciudad, and Country Sampler and related magazines. Further, the company engages in various businesses, such as Web site design and development, consulting, and broadcast tower leasing, as well as operating a news information radio network in Indiana. As of February 29, 2008, it owned and operated 7 FM radio stations in New York, Los Angeles, and Chicago; and 14 FM and 2 AM radio stations in St. Louis, Austin; and Indianapolis and Terre Haute, Indiana. Emmis Communications Corporation was founded in 1981 and is based in Indianapolis, Indiana.

EMMS News:

January 9 - Emmis Communications Reports 3rd Quarter Results

Emmis Communications Corporation (Nasdaq: EMMS | Quote | Chart | News | PowerRating) announced results for its third fiscal quarter ended November 30, 2008.

"While the economy in the United States and abroad continues to struggle, at Emmis we are working diligently to take the necessary steps to successfully navigate through these difficult times," Emmis Chairman and CEO Jeff Smulyan said. "Despite crises at other media companies, Emmis continues to generate cash flow that is greater than two times its annual interest costs and had $63.6 million of cash on hand at the end of the third quarter. I am confident that we are well-positioned for this downturn, and will remain focused on managing our expenses and balance sheet while delivering the best product to our advertisers, listeners and readers."

For the third fiscal quarter, net revenue was $85.1 million, compared to $90.6 million for the same quarter of the prior year.

Diluted net income per common share from continuing operations was ($3.45), compared to ($0.21) for the same quarter of the prior year. Both periods included non-cash charges, with the current year including a non-cash impairment charge of $3.51 per share and the prior year including a non-cash contract termination fee of $0.25 share. Excluding these non-cash charges in both periods, diluted net income per common share from continuing operations would have been $0.06, compared to $0.04 for the same quarter of the prior year.

For the third quarter, pro forma radio net revenues decreased 4 percent and pro forma publishing net revenues decreased 12 percent. Domestic radio net revenues for the third quarter decreased 8 percent compared to the same period of the prior year.

For the third quarter, operating loss was $197.3 million, due to the non- cash impairment loss, while Emmis' station operating income was $21.6 million, compared to $25.9 million for the same quarter of the prior year.

Emmis has included supplemental pro forma net revenues, station operating expenses, and certain other financial data on its website, www.emmis.com under the "Investors" tab.

International radio net revenues and station operating expenses, excluding depreciation and amortization, for the quarter ended November 30, 2008, were $11.3 million and $8.0 million, respectively, representing a pro forma increase of 24 percent and 17 percent, respectively, over the same period of the prior year.

During the quarter, Emmis began a program that uses a portion of the cash from the sale of WVUE-TV in New Orleans, and possibly Emmis' common stock, to pay quarterly bonuses to 64 employees to offset temporary salary reductions. Although the employees will be receiving the same amount of pay under the program, the structure of the program lowers operating costs under the terms of the Company's credit agreement.

Emmis generally evaluates the performance of its operating entities based on station operating income. Management believes that station operating income is useful to investors because it provides a meaningful comparison of operating performance between companies in the industry and serves as an indicator of the market value of a group of stations or publishing entities. Station operating income is generally recognized by the broadcast and publishing industries as a measure of performance and is used by analysts who report on the performance of broadcasting and publishing groups. Station operating income does not take into account Emmis' debt service requirements and other commitments, and, accordingly, station operating income is not necessarily indicative of amounts that may be available for dividends, reinvestment in Emmis' business or other discretionary uses.

Station operating income is not a measure of liquidity or of performance, in accordance with accounting principles generally accepted in the United States, and should be viewed as a supplement to, and not a substitute for, our results of operations presented on the basis of accounting principles generally accepted in the United States. Moreover, station operating income is not a standardized measure and may be calculated in a number of ways. Emmis defines station operating income as revenues net of agency commissions and station operating expenses, excluding depreciation, amortization and non-cash compensation.

EMPIRE FILM GROUP INCORPORATED (OTC: EFGU | Quote | Chart | News | PowerRating) "Up 30.36% in morning trading"

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

Empire Film Group, Inc. engages in the finance, production, and distribution of films. It films in various locations worldwide that include Los Angeles, Vancouver, Calgary, Toronto, France, Spain, Romania, Czech Republic, Israel, Costa Rica, Venezuela, Puerto Rico, Colombia, Cuba, Dominican Republic, Mexico, and various locations throughout the United States. The company would also co-produce and co-finance with other producers and production companies. It was formerly known as Environmental Construction Products International, Inc. and changed its name to Empire Film Group, Inc. in November 2007. The company is based in Beverly Hills, California.

EFGU News:

January 8 - Empire Pacts With Industry-Works and Vivendi Entertainment for Canadian Release of Hounddog

Empire Film Group, Inc. (OTC: EFGU | Quote | Chart | News | PowerRating) (www.empirefilmgroup.com) has entered into a venture with Vancouver-based Industry-Works International and Toronto-based Vivendi Entertainment Canada for the release of the company's highly anticipated feature, "Hounddog," starring Dakota Fanning. Vivendi, a division of Universal Music Group and Universal Studios, will release the film to mass merchants and other video retailers throughout Canada on March 3, in both DVD and Blu-Ray formats.

"This represents a further expansion of our relationship with Industry-Works," said Empire CEO Dean Hamilton-Bornstein. "We have been impressed with their team as we have progressed with ventures together covering international sales and co-productions. To utilize Industry-Works for the release of some of our Empire films into the Canadian market makes a lot of sense, especially when partnered with the highly respected team at Vivendi-Universal."

"It's tracking to be a significant hit for the Canadian video market," said Craig Adlard, VP of Sales for Industry-Works. "Initial orders and response from the key retailers indicate that 'Hounddog' will be one of the top selling independent films on video for the entire industry this quarter."

"Hounddog" was released theatrically in the U.S. marketplace by Empire Film Group, Inc., where it will be released February 3rd by wholly-owned divisions Empire Home Entertainment and Hannover House. The film played at theaters in 25 key U.S. markets, and garnered unanimous praise from major film critics for the powerful and inspiring performance of young actress Dakota Fanning in the leading role. Andrew Sarris, veteran film reviewer for the New York Observer, included "Hounddog" in his 2008 annual recap of top movies for the year.

"Hounddog" was written and directed by Deborah Kampmeier, and produced by Kampmeier, Jen Gatien and Scott Franklin. The film tells the story of a 12-year old girl in the late 1950's who finds comfort in the music of Elvis Presley as an escape from a dysfunctional and abusive family life. The DVD and Blu-Ray units have a running time of 99 minutes (excluding bonus features), and will be released in widescreen format (1:1.85 aspect ratio) and Dolby 5.1 Stereo. The film's MPAA rating is "R."

ABOUT OTCPICKS.COM

OTCPicks.com is an Internet destination for investors seeking information on smallcap and microcap companies. The web site features companies in Profile Campaigns, Executive Interviews and Profile Research Reports authored by our financial writers. We publish a daily Newsletter to subscribers, and we publish our Daily Market Movers Digest which is sent out on the M2 Presswire several times daily highlighting hot OTC and OTCBB stocks. To feature a company on our web site or in our daily Newsletter or Market Mover's Digest, please contact our publisher, Brian Dean at 972-546-3740, or via email at publisher@otcpicks.com.

Disclaimer: Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. This disclaimer is to be read and fully understood before using our site, or joining our email list. PLEASE NOTE: The OTCPicks.com employees are NOT Registered as an Investment Advisor in any jurisdiction whatsoever.

Release of Liability:Through use of this website viewing or using you agree to hold OTCPicks.com, its operators owners and employees harmless and to completely release them from any and all liability due to any and all loss (monetary or otherwise), damage (monetary or otherwise), or injury (monetary or otherwise) that you may incur. Neither the information presented nor any statement or expression of opinion, or any other matter herein, directly or indirectly constitutes a representation by the publisher nor a solicitation of the purchase or sale of any securities. OTCPicks.com has been compensated two hundred thousand free trading shares by a third party (Pine Mountain Ventures) for this current SPNG IR program. OTCPicks.com has been compensated in the past for SPNG IR services, including seventeen thousand dollars by the company and four hundred thousand free trading shares by a non-controlling third party for multiple 30-day SPNG IR programs. OTCPicks.com has been compensated sixty million free trading shares from a third party for SMAS advertising and promotional activities. For a complete list of disclosures go to http://www.otcpicks.com/disclosure-details.htm. The information contained herein is based on sources which we believe to be reliable but is not guaranteed by us as being accurate and does not purport to be a complete statement or summary of the available data. The owner, publisher, editor and their associates are not responsible for errors and omissions. They may from time to time have a position in the securities mentioned herein and may increase or decrease such positions without notice. Any opinions expressed are subject to change without notice. OTCPicks.com encourages readers and investors to supplement the information in these reports with independent research and other professional advice. All information on featured companies is provided by the companies profiled, or is available from public sources and OTCPicks.com makes no representations, warranties or guarantees as to the accuracy or completeness of the disclosure by the profiled companies or the information contained herein. OTCPicks.com and its affiliates are not registered investment advisors or a broker dealers. OTCPicks.com has been advised that the investments in companies profiled are considered to be high risk and use of the information provided is at the investor's sole risk. OTCPicks.com also advises that the purchase of such high risk securities may result in the loss of some or all of the investment. Investors should not rely solely on the information presented. Rather, investors should use the information provided by the profiled companies as a starting point for doing additional independent research on the profiled companies in order to allow the investor to form his or her own opinion regarding investing in the profiled companies. Factual statements made by the profiled companies are made as of the date stated and are subject to change without notice. Investing in micro-cap securities is highly speculative and carries an extremely high degree of risk. It is possible that an investor's entire investment may be lost or impaired due to the speculative nature of the companies profiled. OTCPicks.com makes no recommendation that the securities of the companies profiled should be purchased, sold or held by individuals or entities that learn of the profiled companies through OTCPicks.com. OTCPicks.com owners may or may not hold positions in the companies that are profiled.

The information contained herein contains forward-looking information within the meaning of Section 27A of the Securities Act of 1993 and Section 21E of the Securities Exchange Act of 1934 including statements regarding expected continual growth of the company and the value of its securities. In accordance with the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 it is hereby noted that statements contained herein that look forward in time which include everything other than historical information, involve risk and uncertainties that may affect the company's actual results of operation. Factors that could cause actual results to differ include the size and growth of the market for the company's products, the company's ability to fund its capital requirements in the near term and in the long term, pricing pressures, unforeseen and/or unexpected circumstances in happenings, pricing pressures, etc. Investing in securities is speculative and carries risk. Past performance does not guarantee future results.

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CONTACT: Brian Dean, Publisher, OTCPicks.com e-mail: publisher@otcpicks.com Tel: +1 972 546 3740

M2 Communications Ltd disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide web. Inquiries to info@m2.com.

For full details for ANSV click here.

    


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