MARKET RECAP

3/5/10 - Market Micro Recap For Week Of 3/1/10

The OTC companies tracked by PennyProfits moved down this past week, pushing the average stock price 0.4760% to the downside. Fully updated companies now numbers 4417, with the full database hovering at 6,576. See below for several headlines, which moved stocks.

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Several members of PDG Environmental Inc.'s (PDGE) leadership team have resigned from the company. According to a filing with the Securities and Exchange Commission, all five members of PDG's board announced their resignations. The include chairman, president and CEO John Regan, and board members James Chiafullo, Richard Bendis, Edgar Berkey and Edwin Kilpela. CFO John Kelly also resigned. The resignations occurred Feb. 22 and Feb. 23. PDG has been in receivership since Feb. 24, when its largest lender, Huntington Bank, got a court to appoint turnaround consulting firm The Compass Advisory Partners to try to recover more than $7 million owed to the bank, according to the SEC filing. The company announced it was having financial difficulties in a third-quarter earnings release in December, when PDG posted a $2.6 million loss. Management wrote at the time that it had reduced staff and was actively seeking a way out of its financial crisis, including the possible sale of the company.

In response to research concluding that employees trying to resolve personal financial struggles cause an average of 20 hours per month distraction at many workplaces, Ideal Financial Solutions, Inc. (IFSL) has mounted a campaign to introduce its financial wellness program, Cash Flow Management System, to top corporations and firms. The popular program is designed to help financially distressed employees return to financial security, health, and confidence. At inception, Ideal sets up the fiscal counseling program internally so employees can once again concentrate on being successful in the workplace. Coupled with automated tools and support, the Cash Flow Management System provides the education to create additional cash resources, rapidly eliminate debt, and build financial independence.

EcoBlu Products, Inc. (ECOB) announced that it has shipped coating equipment and chemical to Calvert Company, Inc. of Vancouver, WA. Calvert, an authorized affiliate of EcoBlu Products, will begin coating its EcoBlu 3000F 2.1E Glulam Beams with EcoBlu's BLUWOOD™ and FRC™ (Fire Retardant Coating) technology for shipment to three of its distributors. The proprietary coating line and equipment developed by EcoBlu for Calvert's glulam beams has the ability to coat 60,000 board feet of lumber per day. Calvert Company has orders coming in for the Protected Blu Beams that will get into Distribution very soon.

SymPowerco Corporation (SYMW) CEO John Davenport announced the primary objectives of the recently announced fuel cell prototype project that is intended to address several aspects of performance, durability, scalability, manufacturing methods and economics of the company's unique Flowing Electrolyte Direct Methanol Fuel Cell ("FEDMFC"). The primary objective of the program will be to dramatically improve reaction kinetics at the FEDMFC's anode. The methanol reaction mechanisms in all Direct Methanol Fuel Cells are more complex than those of hydrogen resulting in excessive voltage drops (activation polarization) that occur during the activation phase of the reaction. SymPowerco expects to advance its bipolar plate designs and operating parameters with a view to increasing both the rate and quality of methanol reactions without an increase in catalyst quantities. Particular attention will be given to improving reaction gas removal from the reaction zone in order to optimize both fuel flow and catalyst availability.

Thresher Industries (THRR) announced that it has received its first order of 2010 from an S&P 500 conglomerate for its recently launched, next generation LED energy-efficient lighting component. The custom designed, 7" inch aluminum die cast offers superior heat dissipation and at a faster rate than the use of conventional die cast technology and processes.

"The heat sink we created is so unique that our customer's finished product received a distinguished industry award. We share in our customer's success, and continue to expand our relationship into 2010 with this order," said Tom Flessner, president and CEO of Thresher Industries. "This component demonstrates our ability to help solve the previously unthinkable. We hope to replicate this model to serve a number of other large, global firms that are seeking the advantages of our heat sinks in the rapidly-emerging, 'green' products sector."

Newron Sport (NSPT) is pleased to announce that it has signed a distribution agreement for its revolutionary tandem inline skates with the Encore Hockey Group http://www.encorehockey.com/ of Laguna Hills, California. This agreement provides the Encore Hockey Group 2 years of distribution. The Encore Hockey Group is a highly specialized company that has built its exquisite reputation on providing consumers with high quality innovative products. The Encore Hockey Group is focused on the distribution of sporting goods throughout America. The Encore Hockey Group will represent Newron's flagship patented products.

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2/26/10 - Market Micro Recap For Week Of 2/22/10