What We Are Watching for the Week of March 22, 2010

What We Are Watching for the Week of March 22, 2010

Here’s a summary of what we are watch for the week:

Options Media Group (OPMG) – We have a detailed update on Options Media Group (OPMG) on the blog this morning. We are expecting the Company to report year end 2009 numbers on Friday. Look for continued strong gross margins and a significantly cleaned up balance sheet that will likely show a strong cash balance, the elimination of virtually all long-term debt and financial ratios that are strongly improved. In the new blog posting we also describe the Company’s initiatives in the for profit social media space. Investors should watch for news from the Company over the short-term. We like the shares at this price.

Biomagnetics Diagnostics (BMGP) – It appears the Company’s additional agreement with Los Alamos is now completed and has been kicked up to the highest levels of the lab for final approval. Under the agreement the scientists at Los Alamos will develop the tuberculosis and cholera test cartridges and will develop an additional desktop prototype unit that will be shipped to India for both malaria test cartridge development and clinical trials. We are expecting the tuberculosis and cholera test products to be available in August. We continue to be very happy with the developments and believe this will be revolutionary technology when it is releases this summer. The accounting process has now been completed with the numbers going to the auditor. This will be the last step before the Company becomes fully reporting and files its paperwork to move to the over-the-counter market. This technology is worth tens of millions of dollars upon its release. We continue to compare it to the Abbott Labs product that won of the Wall Street Journal innovation awards – but in many ways we believe the BMGP technology will be better in that it is handheld, field deployable, cheaper on a per test basis and does not require highly skilled personnel for operation. At a current capitalization of only approximately $7 million, BMGP is severely undervalued. Watch closely as the story develops over the coming months – clearly one of our favorites.

BioElectronics Corp. (BIEL) – Extremely exciting to hear about the strong results in the Latin American market. Over the coming weeks expect the Company to significantly boost advertising spending in the Latin American market. If the same five to one revenue versus ad spending translates to the mass Latin American market, major revenue growth will result. Investors do not seem to be keying in on the recent product improvements, but I believe it is really important. The quality of the new version of ActiPatch is very impressive. The new back pain belt will be even more impressive as it will be the first bacl pain specific PEMF device on the market – the design is innovative – I am impressed. The audit continues, which should be one of the last steps before the Company is able to execute its OTC-related strategy. It is good to see management taking care of issues one by one. A coming surprise for investors? Watch the Q4 revenue number when it is released. I can hardly wait.

Applied Nanoscience (APNN) – Applied Nanoscience is a small company developing a nanoparticle-based mask to prevent bacterial and viral transfer from person to person. While the Company is pretty quiet, they had a major development last week that leads us to believe that revenue production in fact will occur during the June quarter. They have successfully applied to the nanoparticle to the mask filtration material and have produced several rolls that will be used by the mask manufacturer. We are waiting for further intellectual property protection developments to occur over the next couple of months. Once these protections are in place and the Company begins to produce in quantity, we believe some substantial revenue growth could result. Likely too early to pour new money into this name, but it is one we are closely monitoring as successes could really pop the stock in a very big way.

Extensions (EXTI) – We believe you are going to hear a lot about this company over the coming weeks. The management team, lead by search engine luminary Jeff Black, has developed a press release dissemination service that merges search engine optimization and social media networks. Companies who use EXTI’s Newwire.net press release dissemination service get articles written about the press release by EXTI’s army of independent journalists and bloggers. These articles are then added to the Newswire.net website. The Newswire team was recently notified by Google that the Newswire site has become an authorized Google news source. Google now scans the site every six minutes!!!! This usually results in the information from the press release moving to the top of Google search. It is an extremely powerful tool and could turn into a fast-growing revenue stream for EXTI. Company President, Jeff Black, was one of the original designers of the AltaVista search engine and was the founder and former CEO of Hotel.com. What they have designed here is pretty important and could be worth a substantial sum to investors. Watch for news over the coming weeks as this very important technology developed further. Jeff Black is the real deal and has assumed the lead role at this Company because he sees the substantial contribution EXTI can make towards the merger of Internet search and social media.

Clear Skies Solar (CSKH) – Clear Skies Solar remains one of our top picks. Shares have been beat up rather significantly, but the fundamentals of this business remain intact as financing returns to the solar industry and as several major customers accelerate their plans for solar installations. We have posted a full review here on the blog. We have been in very close contact with management over the past few days and have received a new briefing of corporate activities. Our opinion remains the same – the shares are severely undervalued at current levels. In our opinion, investors who purchased shares at current levels will be handsomely rewarded over the short-term.

Medical Alarm Concepts (MDHI) – Medical Alarm is another company that has suffered as major long-term shareholders have liquidated their positions. We believe the fundamentals of the story remain sound and we love the Company’s products. Last week, the Company announced Albertson’s supermarkets would begin carrying the product. We are expecting further retail expansion over the coming weeks and a new marketing and advertising program to be instituted to further get the word out to consumers about this revolutionary medical alarm technology. With approximately 250 million when fully converted shares outstanding, total market capitalization is only about $7 million. We think patient investors could make a lot of money by buying the shares at these currently severely depressed levels.

ThermaFreeze Products Corp. (TZPC) – We recently received a full briefing from the ThermaFreeze management team. Additionally, the CEO and Chairman did an audio interview which can be heard here on our blog. On the right of the homepage is a section labeled “CEO Interviews”. You can hear the interview by clicking on the ThermaFreeze tab. In the interview and during our briefing, management team members are extremely positive noting that the retail chains are now beginning to carry the ThermaFreeze artificial ice product. If you have never seen the ThermaFreeze product, you should call the Company and get a sample as it is pretty amazing stuff. There is also a full research report here on the blog that explains the technology and the Company’s distribution model. Over the coming weeks look for the Company to continue to announce additional retail distribution – if the product pulls through the retail channel, the shares should do very well.

Patient Access Solutions (PASO) – Patient Access Solutions recently acquired exclusive U.S. rights to a digital pen technology and process for the home healthcare market. Home healthcare is worth billions of dollars per year and this technology could significantly improve productivity among workers within this important sector of the U.S. economy. While we have not seen a huge number of deals being signed as of yet, bid activity at the Company appears to be through the roof. As a result, the management team is meaningfully adding to the sales staff. Investors should watch closely for developments of these prospects turning into paying customers as this would signal an important stage of revenue generation for PASO. Look for the Company to be out in front of these developments over the next several weeks as contracts begin to be awarded. This is clearly a name we will be watching closely as large share price percentage gains could be realized in the short-term.

Car Charging Group, Inc. (CCGI) – We recently completed an audio interview with the management team that can be heard here on the blog. According to the management team things are moving along as planned for CCGI. Throughout 2010 you will hear a lot about electric vehicles – the charging stations are a vital component that CCGI plans to bring into the fold. We do not expect a tremendous amount of near-term news on this name, but rather slow and steady progress toward winning deals to add this vital infrastructure.

KeyOn Communications (KEYO) – As was discussed in the Company’s recent conference call, KEYO was not successful in gaining federal broadband stimulus monies. The Company’s applications now move into round two, which we do not believe will be awarded until very late summer of 2010. We consider the investment to be dead money for the next few months until additional information about the Company’s round two applications is made available.