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OTCPicks.com: OTCPicks.com Daily Market Movers Digest Midday Report for October 16th VSUR, ETLC, CPPC, BSRC, PINN

Copyright:M2 Communications Ltd.
Source:M2 PressWIRE
Wordcount:2723

RDATE:16102007

Our Stocks to Watch today include Vsurance Inc. (OTCBB: VSUR), eTelcharge.com Inc. (OTCBB: ETLC), Cinemax Pictures and Production (OTC: CPPC), BioSolar Inc. (OTCBB: BSRC), Pinnacle Gas Resources (NASD: PINN)

VSURANCE INC (OTCBB: VSUR)

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

View Profile: http://www.otcpicks.com/vsurance/vsurance.htm

Vsurance is a leading provider of pet health insurance and other pet health-related services in the United States. Programs include its Get HIP Pet Health Insurance for Pets program, the most comprehensive full-coverage pet health insurance plan in the industry. Vsurance provides pet and horse resource centers through the Internet including VetpetMD, Spot the Pet, and Purrfect Pet Club. Programs include life, liability, and health insurance for pets, horses, and other companion animals.

VSUR News:

October 15 - Purina Educates Pet Owners on Importance of Pet Health Insurance Announces Vsurance

Vsurance, Inc. (OTCBB:VSUR), a leading provider of pet health insurance, announced today that Purina, a leading pet care company, recently contributed an article to educate pet owners on the importance of pet health insurance.

Purina is one of the world's leading pet care companies, producing some of the best known, and best loved, pet food brands; many of which have served pet owners for generations. Each is the result of the very latest advances in quality, taste, and nutrition. For over eighty years, Purina's expert nutritionists, food scientists, vets, and animal behaviorists have been constantly discovering new ways to help pets lead healthier, happier, longer lives. Purina's product range is designed to give pets and their owners the best possible choice of recipes and formats, for every life stage and lifestyle.

In the article, Purina stated that:

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"Pet insurance can bring real peace of mind - and a great help when it comes to the unforeseen expenses of treatment. Even so, you should be careful to choose the right company and the right policy for your pet."

Vsurance, Inc. is the only pet health insurance company to offer life, liability, and health insurance for pets in the U.S. The company's Get HIP(TM) plan is the most comprehensive pet health care plan in the industry.

ETELCHARGE.COM INC (OTCBB: ETLC)

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

View Profile: http://www.otcpicks.com/etelcharge.com/etelcharge.htm

Etelcharge.com (OTCBB: ETLC), the first Web 2.0 online payment system, provides online shoppers the ability to charge approved transactions to their telephone bill. While addressing the concerns online shoppers have about identity fraud and identity theft, the Etelcharge payment option is also a perfect match for the millions of individuals without a credit card, or even a bank account. For more information, go to www.etelcharge.com.

ETLC News:

October 16 - Etelcharge Appoints James T. Wilson Chief Technology Officer

Company's Technology Leader Assumes New Post After Launch Completion and in Response to Fortune 500 Merchant Interest in the New Online Way to Pay

Etelcharge.com (OTCBB: ETLC) (www.etelcharge.com), today announced that following the successful launch of its new payment system and in response to increasing large merchant interest, the company has named James "Toby" Wilson its Chief Technology Officer.

"Toby has demonstrated the leadership and technical expertise to lead us to the next level technologically," stated Rob Howe, Chairman and CEO. "It's key for us is to keep our technology fresh, scalable and secure. Toby's doing an exemplary job and will be of great assistance is we pursue and secure additional merchants."

Wilson, who came to Etelcharge in June as a consultant, spearheaded the completion and launch of Etelcharge's new online payment system which allows members to bill online purchases to their phone bills. "One of the great challenges we had to overcome was connecting our pipes to the huge databases that telecoms maintain while meeting their strict security standards. In doing that, we made our technology extremely robust," Wilson stated.

We're able to connect to any telecom, wired or unwired, domestic or international. That is the future for Etelcharge-we have the ability to connect to anyone, anywhere, anytime while maintaining all technology requirements and security standards, " Wilson concluded.

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About Etelcharge.com

Etelcharge.com (OTC BB:ETLC.OB - News), the first Web 2.0 online payment system, provides online shoppers the ability to charge approved transactions to their telephone bill. While addressing the concerns online shoppers have about identity fraud and identity theft, the Etelcharge payment option is also a perfect match for the millions of individuals without a credit card, or even a bank account. For more information, go to www.etelcharge.com.

CINEMAX PICTURES AND PRODUCTION (OTC: CPPC) "Up 114.97% in morning trading"

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

CPPC News:

October 15 - Cinemax Pictures and Production Co., Intl., Inc. (CPPC) Announced Today the Signing of a Financial Development Deal With The Able Group of New York in Conjunction With Wideye Films

Constantine A. Papadopoulos, CEO and Anthony Gouveia, CFO of Cinemax Pictures and Production Company Intl., Inc. (Pink Sheets: CPPC) announced today the signing of a financial development deal with The Able Group, a Corporate Finance Firm based in New York City in conjunction with Wideye Films.

According to Mr. Gouveia, 'We are excited that Neil Kiperman, Managing Director of The Able Group has agreed to work with us on our short and long term funding needs. The Able Group has relationships with dozens of the largest hedge funds worldwide and through our agreement with them we have started the process of generating the financial base and the financial structure we will need to take Cinemax Pictures to the next level. They will be responsible for working with us on the required funding to produce our movie and TV projects that are currently in development or pre-production stages, gap funding and the acquisition of film libraries and other assets. We are also in preliminary discussions regarding the acquisition of one prestigious film library and are looking at various others they have presented to us that are currently on the market.'

BIOSOLAR INC (OTCBB: BSRC) "Up 41.03% in morning trading"

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

BioSolar, Inc. is developing a breakthrough technology to produce bioplastic materials from renewable plant sources that will reduce the cost per watt of solar cells. Most of the solar industry is focused on photovoltaic efficiency to reduce cost. BioSolar is the first company to introduce a new dimension of cost reduction by replacing petroleum-based plastic solar cell components with durable bio-based plastics. To learn more about BioSolar, please visit our website at http://www.biosolar.com.

BSRC News:

October 16 - BioSolar Fast-Tracks Plan to Attain Underwriters Laboratory Certification of Bioplastic Backsheet for Solar Cells

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BioSolar(TM), Inc. (OTCBB: BSRC), developer of a breakthrough technology to produce bioplastic materials from renewable plant sources that will reduce the cost of solar cells, today announced that the company is moving another step closer to attaining Underwriters Laboratory (UL ) certification for the company's recently completed bioplastic backsheet material.

"This is a significant step for the company," said Dr. David Lee, BioSolar's CEO, "because certification by Underwriters Laboratories (UL) is required for sales of Photovoltaic modules in the United States, and we have engineered a two-step tactical scenario wherein we can dramatically lessen the amount of time necessary to attain the all important UL Certification."

SBM Solar of Concord, NC, a strategic partner of BioSolar Inc., is in the final process of obtaining UL certification for their all polymer packaged PV module. BioSolar has submitted modules, using its proprietary bioplastic backsheet film, to the National Renewable Laboratory (NREL) for initial testing. Assuming positive results at NREL, SBM will submit additional modules to Underwriters Laboratory for UL approval changing only their standard backsheet material to BioSolar's proprietary bioplastic backsheet film.

"Changing only one item on a UL certified module drastically shortens the approval process. Once this module is certified, the door will be opened for general sales of our bioplastic based backsheet film to the entire PV industry," concluded Dr. Lee.

PINNACLE GAS RESOURCES (NASD: PINN) "Up 27.23% in morning trading"

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

Pinnacle Gas Resources, Inc. is an independent energy company engaged in the acquisition, exploration and development of domestic onshore natural gas reserves. It focuses on the development of coalbed methane (CBM) properties located in the Rocky Mountain region. Pinnacle holds CBM acreage in the Powder River Basin in northeastern Wyoming and southern Montana as well as in the Green River Basin in southern Wyoming. As of June 30, 2007, Pinnacle owned natural gas and oil leasehold interests in approximately 478,000 gross (332,000 net) acres, approximately 94% of which were undeveloped. At February 28, 2007, Pinnacle had estimated net proved reserves of 25.9 Bcf. Pinnacle Gas Resources was founded in 2003 and is headquartered in Sheridan, Wyoming.

PINN News:

October 16 - Quest Resource Corporation and Pinnacle Gas Resources, Inc. Announce Merger

Quest Resource Corporation (NASDAQ:QRCP) and Pinnacle Gas Resources, Inc. (NASDAQ:PINN) announced today that their boards of directors have unanimously approved a stock-for-stock merger and that the companies have signed a definitive merger agreement.

Under the terms of the merger agreement, Pinnacle stockholders will receive 0.6584 shares of Quest common stock for each share of Pinnacle common stock they own. Based on the closing market prices for the shares of both companies on October 15, 2007, the combined company would have an equity market capitalization of approximately $450 million and Pinnacle stockholders will receive Quest common stock worth approximately $207 million. It is anticipated that Quest's current stockholders will own approximately 55 percent of Quest following the merger and Pinnacle's current stockholders will own the remaining approximately 45 percent. The merger is expected to be tax free to stockholders of both companies.

"Quest is excited by the opportunity to combine our operations with Pinnacle. This transaction creates a geographically diversified, CBM-focused company with significant reserve potential. This acquisition is consistent with Quest's long-term strategy to acquire and develop significant unconventional resource opportunities to support the growth of our planned upstream MLP strategy. We look forward to working with Pinnacle's management team and are encouraged by the fact that both companies employ similar strategies and techniques for developing CBM. We believe that we are now poised to grow into a leading independent unconventional resource company," said Jerry D. Cash, Quest's Chairman, President and Chief Executive Officer.

"The combination of Quest and Pinnacle is an excellent fit and builds substantial scale for our stockholders. The merger combines dominant acreage and operating positions in two prolific low risk resource plays with over one million acres under lease that will allow considerable growth in production, reserves and pipeline development," said Peter G. Schoonmaker, Pinnacle's President and Chief Executive Officer.

Following the merger, Jerry Cash will continue to serve as Chairman, President and Chief Executive Officer and as a director of Quest. The Board of Directors of Quest will consist of seven directors, four designated by Quest and three designated by Pinnacle.

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 twenty five thousand free trading shares by a third party (Cohiba Partners) for VSUR advertising and promotional services. OTCPicks.com has been compensated eight thousand dollars by a third party (StockPromoters.com Consultants, LLC) for ETLC advertising and promotional services. For a complete list of disclosures go to http://www.otcpicks.com/disclosure_details.php. 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 Tel: +1 972 546 3740 e-mail: publisher@otcpicks.com

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