MARKET RECAP

3/19/10 - Market Micro Recap For Week Of 3/15/10

The OTC companies tracked by PennyProfits moved up this past week, pushing the average stock price 0.3936% to the upside. Fully updated companies now numbers 4426, with the full database hovering at 6,534. See below for several headlines, which moved stocks.

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Apollo Solar Energy, Inc. (ASOE), a leading vertically integrated miner, refiner and producer of tellurium (Te), the core element of thin film solar panels, and high-purity tellurium-based metals for specific segments of the electronic materials market worldwide, operating in the People's Republic of China, announced that the Company will fund a three-year, $1.5 million dollar sponsorship of the New Jersey Institute of Technology (the "NJIT") to create a new Solar Cell Research Center focused on CdTe semiconductor material investigation.

Deep Blue Marine, Inc. (DPBE) reports that after two years of hard work on the underwater archaeological recovery of the French ship "Le Scipion" in Samana Bay in the Dominican Republic, the contract has terminated. The exploration of this significant warship was often done under adverse conditions and poor visibility. The contract was under the tutelage of Tracy Bowden and was in place for the last two years. Deep Blue Marine is grateful for the trust and confidence that Mr. Bowden placed in them by bringing Deep Blue Marine, Inc. from Florida and subcontracting the company on the wreck site.

Hackett's Stores, Inc. (HCKI), a holding of Seaway Valley Capital Corporation (Pink Sheets:SEVA), announced that Hackett's wholly owned subsidiary, Patrick Hackett Hardware Company, has been presented with an offer for inventory-based financing of up to $200,000. Final terms of the offer are being negotiated and ultimately must be approved by the court.

VirtualHealth Technologies, Inc. (VHGI) President Jim Renfro announced that its wholly owned subsidiary, VHGI GOLD, LLC, has finalized its productions plans for both Treasure Gulch and Sun Gold mines with a 3 phase plan. Phase 1 entails further exploration, permitting, core sampling, and drilling work to better define the deposit and to formalize production plans moving forward. Phase 1 will commence immediately. Phase 2 and 3 will begin shortly thereafter with the hopes of being in full production by year end.

PASSUR Aerospace, Inc. (PSSR) announced total revenues for the first quarter ending January 31, 2010 were up approximately 12% to $2,323,000, compared to $2,076,000 in the same quarter the previous fiscal year. Operating profits were up approximately 60% to $389,000 compared to $244,000 in the same period the previous fiscal year. Net profit was $25,000 or $.00 per diluted share compared to $76,000 or $.01 per diluted share in the same quarter the previous fiscal year.

Lyric Jeans, Inc. (LYJN) announced that Lyric Culture has expanded its brand into jewelry. Lyric Culture is the company's premium rock n' roll lifestyle brand driven by song lyrics made famous by the world's most legendary musicians. The first collection hit specialty stores such as Fred Segal, Kitson and department stores including Von Maur and Nordstrom in November 2009 in time for the holiday shopping season. It featured metal guitar pick necklaces on braided leather chains accented by cast metal hardware ($36), Leather and white metal bangles with gold and silver metallic print and metal appliqué (set of 3 $95) and leather cuffs for both men and women ($75). The upcoming expanded collection is scheduled to ship in May 2010 and includes stacked rings, chain necklaces and hoop earrings accented with Swarovski crystals and engraved with song lyrics ($65-$85 retail).

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