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OTCPicks.com Daily Market Movers Digest Midday Report for Friday, May 18th YIPI, PSUN, GNXP, IMGG, QTEK, MCII, HFBG Our Stocks to Watch today include Yippy Inc. (OTCQX: YIPI), Pacific Sunwear of California Inc. (Nasdaq: PSUN), Guinness Exploration Inc. (OTCBB: GNXP), Imaging3 Inc. (OTCBB: IMGG), Quintek Technologies Inc. (OTC: QTEK), Mariner`s Choice International Inc. (OTC: MCII) and Hall of Fame Beverages Inc. (OTC: HFBG).

Visit http://otcpicknews.com/emailmarketer/link.phpM940&N34&L1&F=T to register for our Daily Market Movers Digest Newsletter and Email Stock Watch Alerts.

YIPPY INCORPORATED (OTCQX: YIPI) Detailed Quote:

http://otcpicknews.com/emailmarketer/link.phpM940&N34&L39&F=T Company Profile:

http://otcpicknews.com/emailmarketer/link.phpM940&N34&L84&F=T Based in Fort Myers, Florida, Yippy, Inc. is a new economy technology company that develops educational and reference search technologies, content aggregation services and application services environments for both consumer and commercial market segments. The Company operates several online web properties and educational reference portals. Yippy, Inc. has been approved to trade on the OTCQX U.S., the intelligent marketplace for the best OTC companies with the highest financial standards and superior information availability. The Company began operations in 2009.

YIPI News:

May 15 – Yippy, Inc. Appoints Two New Board Members, Mr. Morton Fink & Ms.

Debbie Sharken Yippy, Inc. (OTCQX: YIPI) (www.yippy.com) (“Yippy” or the “Company”), providers of the world`s fastest, family friendly search engine and web portal reported that the board has appointed two additional board members effective immediately.

The Elected:

Mr. Morton Fink Mr. Fink`s distinguished career has included executive management positions in the media, broadcast, cable and electronics industries. His experience provides a unique combination of management, leadership, and entrepreneurial skills. Mr. Fink was the founding CEO of Warner Home Video; his efforts drove Warner`s dominant worldwide market share.

As Senior Vice President of Sony Corporation of America, he launched Betamax, established Sony Broadcast and the U.S. Technology Center. As Executive VP of United Satellite Communications, Mr. Fink developed marketing, sales and distribution strategies and managed satellite and ground operations as well as customer service for the first DBS entertainment start-up. Mr. Fink also served as the President of Cablevision`s Home Video Division, and as Vice President of the CBS Comtec Group.

Currently, he consults for the Office of the Chairman at Cablevision System Corporation, working with a small team, hand-in-hand with the Founder and Chairman of the company, Charles Dolan. There, he analyzes and evaluates opportunities to take the core competencies of the corporation to areas outside the Company`s current cable footprint domestically and internationally. He also analyzes and evaluates investment opportunities in Emerging Global, Ethnic and IPTV Ventures. Mr. Fink holds a BS in Business Administration from New York University.

“I am pleased to be a part of Yippy,” stated Mr. Morton Fink. “As I learned more about the company in my due diligence process, a couple of personal opinions became apparent. First, the company possesses significant intellectual property related to the aggregation and distribution of information over the web. Two, there are certainly competing companies that are going to want these advanced capabilities.” “Management has done an excellent job in creating value through the creation and acquisition of intellectual property, rights to content and licenses. The true value is yet to be determined,” concluded Mr. Fink.

Ms. Debbie Sharken For almost 20 years, Ms. Sharken has been an expert in consumer direct marketing, relationship marketing, and advertising. She has honed her skills at top-notch agencies like McCann Relationship Marketing, Grey Direct, and Saatchi & Saatchi Wellness. Ms. Sharken has built her career on her abilities to create strategic, customized marketing campaigns that develop lasting relationships between brands and their customers. She has extensive experience across all marketing channels and disciplines, including a deep expertise in building digital businesses. Ms. Sharken is currently the Chief Marketing Officer at the Direct Marketing Association and is helping to lead the organization and its members meet the challenges of today`s marketplace. She holds a BS in Advertising from Syracuse University.

“When I was first introduced to Yippy, Inc., I was intrigued by the offering of a full-time safe, search environment that would weed out irrelevant and inappropriate results,” stated Ms. Sharken. “I thought, finally, there`s a way to receive more precise results without revising your search multiple times. I quickly learned that Yippy capabilities go far beyond that.” Sharken continues, “There is another side of Yippy that I found equally impressive and one that fulfills an unmet need in the marketplace. Yippy can create custom, vertical consumer search engines for any brand, company or category. This is the next iteration in a world where “content is king” and brands are clamoring to create original content, ultimately becoming pseudo-publishers. By creating cloud-based, focused, vertical search engines, Yippy allows brands to maximize their original content over the internet, virtually double their organic online presence and search rankings, and add more value to the brand experience. I`m excited about introducing Yippy`s unique solutions to agencies and brands.” PACIFIC SUNWEAR OF CALIFORNIA (NASDAQ: PSUN) “Up 10.17% in morning trading” Detailed Quote:

http://otcpicknews.com/emailmarketer/link.phpM940&N34&L96&F=T Pacific Sunwear of California, Inc. and its subsidiaries (collectively, “PacSun” or the “Company”) is a leading specialty retailer rooted in the action sports, fashion and music influences of the California lifestyle.

The Company sells a combination of branded and proprietary casual apparel, accessories and footwear designed to appeal to teens and young adults. As of May 17, 2012, the Company operates 729 stores in all 50 states and Puerto Rico.

PSUN News:

May 17 – Pacific Sunwear Announces First Quarter Operating Results; Issues Second Quarter Guidance Pacific Sunwear of California, Inc. (Nasdaq: PSUN) (the “Company”), announced that net sales from continuing operations for the first quarter of fiscal 2012 ended April 28, 2012, were $173.8 million versus net sales of $171.9 million for the first quarter of fiscal 2011 ended April 30, 2011. Total Company same-store sales increased 1% during the period.

On a GAAP basis, the Company reported a loss from continuing operations of $15.6 million, or $(0.23) per share, for the first quarter of fiscal 2012, compared to a loss from continuing operations of $28.7 million, or $(0.43) per share, for the first quarter of fiscal 2011. The loss from continuing operations for the Company`s first quarter of fiscal 2012 included a non-cash gain of $6.3 million, or $0.09 per share, related to a derivative liability that resulted from the issuance of the Convertible Series B Preferred Stock (the “Series B Preferred”) in connection with the term loan financing the Company completed in December 2011.

On a non-GAAP basis, excluding the non-cash gain on derivative liability and using a normalized annual income tax rate of approximately 37%, the Company`s loss from continuing operations for the first quarter of fiscal 2012 would have been $13.7 million, or $(0.20) per share, as compared to a loss from continuing operations of $18.1 million, or $(0.27) per share, for the same period a year ago.

“We had a strong second half of the quarter that led to sales at the high end of our guidance and gross margins which exceeded plan, resulting in close to a $10 million improvement in our pre-tax operating results compared to the first quarter of last year,” said Gary H. Schoenfeld, President and Chief Executive Officer. “As we begin to re-establish PacSun`s relevance and connection with our target customers, we achieved positive comps in both genders for the first time since 2005 and are optimistic that these positive trends can continue as reflected in our guidance for the second quarter.” Financial Outlook for Second Fiscal Quarter of 2012 The Company`s guidance range for the second quarter of fiscal 2012 contemplates a non-GAAP net loss from continuing operations of between $(0.11) and $(0.16) per share.

The forecasted second quarter non-GAAP loss from continuing operations per share guidance range is based on the following assumptions:

* Same-store sales of negative 1 to plus 4%; * Gross margin rate, including buying, distribution and occupancy, of 24% to 26%; * SG&A expenses in the range of $62 million to $64 million; and * A normalized annual income tax rate of approximately 37%.

The Company`s second fiscal quarter of 2012 guidance range excludes the quarterly impact of the change in the fair value of the derivative liability due to the inherently variable nature of this financial instrument.

Discontinued Operations In accordance with applicable accounting literature and consistent with the Company`s financial statement presentation in its fiscal 2011 annual report, the Company has reclassified the results of operations of its closed stores as discontinued operations for all periods presented, as applicable.

Derivative Liability In fiscal 2011, as a result of the issuance of the Series B Preferred in connection with the Company`s $60 million senior secured term loan financing with an affiliate of Golden Gate Capital, the Company recorded a derivative liability equal to approximately $15.0 million, which represents the fair value of the Series B Preferred upon issuance. In accordance with applicable U.S. GAAP, the Company has marked this derivative liability to fair value through earnings and will continue to do so on a quarterly basis until the shares of Series B Preferred are either converted into shares of PacSun common stock or until the conversion rights expire (December 2021).

The Company`s second fiscal quarter of 2012 earnings guidance excludes the quarterly impact of the change in the fair value of the derivative liability due to the inherently variable nature of this financial instrument.

GUINNESS EXPLORATION INCORPORATED (OTCBB: GNXP) “Up 214.29% in morning trading” Detailed Quote:

http://otcpicknews.com/emailmarketer/link.phpM940&N34&L97&F=T Guinness Exploration, Inc. engages in the exploration and development of mineral properties in Canada. It primarily explores for gold and silver.

The company was founded in 2005 and is based in Wellington, New Zealand.

GNXP News:

No recent news for Guinness Exploration, Inc. (OTCBB: GNXP).

IMAGING3 INCORPORATED (OTCBB: IMGG) “Up 46.67% in morning trading” Detailed Quote:

http://otcpicknews.com/emailmarketer/link.phpM940&N34&L98&F=T Imaging3, Inc., founded in 1993, is a leading provider of advanced technology medical imaging devices. The Company has developed a breakthrough medical imaging device that produces 3D medical diagnostic images of virtually any part of the human body in real-time. Because these 3D images are instantly constructed in real-time, they can be used for any current or new medical procedures in which multiple frames of reference are required to perform medical procedures on or in the human body.

IMGG News:

May 17 – Imaging3 to Host Conference Call Imaging3, Inc. (OTCBB: IMGG), developer of a breakthrough medical imaging device that produces 3D medical diagnostic images of virtually any part of the human body in real-time, announced that at 2:00pm PDT (5:00pm EDT), Monday, May 21st, 2012, the company`s CEO, Mr. Dean Janes, will be hosting a conference call. To join the conference call, please call 1-888-205-6786 and enter passcode 161478 followed by the pound sign (#).

You will be connected to the conference call in a listen only mode, and then lines will be opened for questions following the presentation.

The purpose of the call is to update Shareholders and other interested parties of the current developments with the company.

A limited number of lines will be available for this conference call. The lines will open up 5 minutes prior to the start of the call.

A recording of the conference call will be made available on the company`s website as soon as it is available. Imaging3 will notify shareholders and others who subscribe to the company newsletter.

QUINTEK TECHNOLOGIES INCORPORATED (OTC: QTEK) “Up 254.55% in morning trading” Detailed Quote:

http://otcpicknews.com/emailmarketer/link.phpM940&N34&L99&F=T Quintek Technologies, Inc., together with its subsidiaries, provides back office services and solutions to organizations principally in the United States. It offers back office services and solutions through out-sourcing/in-sourcing services, consulting services, and solution sales.

The companys business process include business records storage and management consulting services ranging from consulting, digitizing, indexing, and uploading of source documents; disaster recovery / business continuity solutions, which provide availability and remote disaster recovery of Microsoft Exchange, as well as enable companies to deploy email continuity by protecting mission -critical Microsoft Exchange Servers; and document destruction services, including the destruction of confidential records. Quintek also sells hardware, software, and services for chemical-free desktop microfilm printer used in printing aperture cars from electronic files used for document management and archival storage. The company was founded in 1991 and is headquartered in Huntington Beach, California.

QTEK News:

No recent news for Quintek Technologies, Inc. (OTC: QTEK).

MARINER`S CHOICE INTERNATIONAL (OTC: MCII) “Up 66.67% in morning trading” Detailed Quote:

http://otcpicknews.com/emailmarketer/link.phpM940&N34&L36&F=T Mariner`s Choice manufactures and markets high-performance, eco-safe commercial, industrial and retail products utilizing leading-edge readily biodegradable technologies. Each product is tested to exacting standards and superior performance levels that often exceed those of comparable products that contain harmful compounds or ingredients. Some of the company`s “green” products employ nanotechnology.

MCII News:

May 14 – Mariner`s Choice Links Up With Television and Radio Personality, Captain Kevin Faver Increases Internet Presence With E-Commerce Mariner`s Choice International, Inc. (OTC: MCII), a North American manufacturer and marketer of an extensive line of ecologically-safe products for the marine and other industry segments, today announced that they have partnered with Captain Kevin Faver to promote online sales of Mariner`s Choice recreational boating products.

Renowned fishing guide, radio and television personality, Captain Kevin Faver of Florida, has integrated Mariner`s Choice product line on their web site (www.tailsfromtheoutdoorsshow.com). They had showcased the products at the well-attended annual event, Southeastern Boat Show, which took place April 20-22, 2012, in Jacksonville, Florida.

“We have always loved the performance of Mariner`s Choice boating products and now being able to offer them directly to our loyal followers is a great opportunity. Our radio and television shows are gaining popularity everyday, and now rounding out our media exposure by adding the web site with e-commerce capability further increases the momentum. Also, we intend to integrate the products into promotional spots on our radio and television shows to feature this quality product line,” stated Captain Faver.

Amie Hingston, President & CEO of Mariner`s Choice stated, “We are very excited to have Kevin and his team onboard with us. Their high profile and keen interest is a winning combination to increasing awareness of the Mariner`s Choice brand to boaters.” The Tails From the Outdoors Show serves the US online customers, while Mariner`s Choice has launched its own e-commerce site for Canadian boaters (www.marinerschoiceonline.com).

Mariner`s Choice continues its sales and marketing efforts in the bioremediation sector and has been making strides. In due course, the company will be announcing the name change and strategy to better reflect the evolving business developments.

HALL OF FAME BEVERAGES INCORPORATED (OTC: HFBG) “Up 100.00% in morning trading” Detailed Quote:

http://otcpicknews.com/emailmarketer/link.phpM940&N34&L54&F=T Hall of Fame Beverages, Inc. is an innovative new lifestyle company dedicated to building long-term success both through the creation of a unique and recognizable brand name, and through the integration of commercial success with social awareness. Convinced that “success” in business has long been too narrowly defined, Hall of Fame Beverages was founded by a group of visionary beverage industry executives who shared a common goal of leveraging the power of commerce in a way that was consistent with their desire to foster greater inclusion in the business world. The team of seasoned industry executives have set out to become one of the leaders in the beverage industry through developing, distributing and marketing their signature product lines.

HFBG News:

May 16 – Hall of Fame Beverages Announces Product Placement & Corporate Direction Hall of Fame Beverages, Inc. (OTC: HFBG) has placed more of its products, Grand Ma Ma`s Sweet Southern Tea & Top Dogg Male Enhancement, in the Northeast and around Southern California.

The Company`s Tea product was placed in 36 new locations around the Northeast US; including, Hartford, Fairfield and Manchester, Connecticut, Jersey City and Freehold, New Jersey, and in Astoria, Maspeth, Brentwood, Long Island City, Jackson Heights, and Ozone Park, New York. There were also a number of reorders for stores in Baltimore, Maryland, and throughout New York State and New York City.

Top Dogg Male Enhancement has been placed in 65 new locations around Southern California; including, a number of select 7-Eleven locations, Mobil, 76, AM/PM, Chevron and Shell Gas Stations, and in a number of liquor stores and local mom and pop markets.

The reaction to Top Dogg, both online and in stores, has been fantastic, and the Company is continuing to get lots of requests to carry the product.

Hall of Fame continues to work aggressively to place and market Top Dogg in many different types of stores.

Executives have contracted to mail out more than 1-million advertisements to draw customers to shop for Top Dogg online.

The Company is strongly focusing on the male enhancement because of the revenues it can generate versus Hall of Fame`s beverages. A bottle of Top Dogg is selling for $19.95/bottle online, a single capsule packet sells for $5.95 online and in stores, the single capsule packet sells for $5.99-$7.99.

Company management has sold, marketed, produced and packaged Top Dogg Male Enhancement and laid the groundwork for the success Hall of Fame is now seeing with the placement of the product. It is this same infrastructure and planning that will now be applied to the Company`s beverages.

The Executives at Hall of Fame have taken a long look into every aspect of the Company over the last two months, and they have decided to make some key changes in the business model to bring shareholder`s more value sooner.

The Company will spend the rest of 2012 building an infrastructure for the success of the beverages. Instead of producing and trying to place beverages during or after “beverage season,” Hall of Fame will aggressively sell and market the Company`s beverages for the remainder of 2012, and it will be ready to compete during the 2013 “beverage season.” This is the approach Hall of Fame should have taken from day one with its beverages. Sales, production, distribution and marketing will be thoroughly planned and each produced bottle will have a home prior to production.

After building the infrastructure and generating production and distribution revenues for the beverages from other products, Hall of Fame will approach beverage season 2013 from a position of strength for the first time in company history.

The remainder of the produced Grand Ma Ma`s Sweet Southern Tea will be distributed throughout the Northeast with our master distributor in that region.

In addition to laying the infrastructure for beverage season 2013, next week the Company will be announcing an aggressive new plan to market Larry Johnson and his link to the Sweet Tea now that he`s back working in the NBA. Also, Alex Johnson, the Company`s Chief Financial Officer will be announcing some new aggressive funding plans that the Company will take advantage of to further its beverage products.

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FAME · GNXP · HALL · HFBG · IMGG · IPTV · MCII · OTCQX · PSUN · QTEK · YIPI · YIPPY

Market Alert: GRNE Up Sharply in Early Trading Company: Green Endeavors Inc. (OTCQB: GRNE) Last Trade:

Price: 0.0003 Change (%): + 0.0001 (50.00) Volume: 1,000,000 http://0webinfo.com/ss/link.phpM15558&N1066&C8e970abf490d59bca7e65165b8238f56&L3178 ———– Recent News ———– GRNE Reports Salons Revenue of $246,167 in April 2012; Up 7.3% Over April 2011 SALT LAKE CITY, UT=E2(Marketwire -05/15/12)- Green Endeavors, Inc. (GRNE), a majority owned subsidiary of Nexia Holdings, Inc. (NXHD), announced continued revenue growth in the month of April.

Green Endeavors is reporting that the combined unaudited revenues for both Landis Lifestyle Salon locations were $246,167 for the month of April 2012; which is an increase of $16,793 or 7.3% compared to April 2011. The newer Marmalade salon reported April 2012 sales of $71,966; a $5,646 or 8.5% increase from the comparable month of 2011.

Our flagship Liberty Heights salon reported revenues in April 2012 of $174,201; an $11,417 or 6.8% increase over April 2011.

Read More =C2 http://0webinfo.com/ss/link.phpM15558&N1066&C8e970abf490d59bca7e65165b8238f56&L3223Company: Medical Marijuana Inc. (Pink Sheets: MJNA) Last Trade:

Price: 0.048 Change (%): + 0.00 (00.00) Volume: 341,003 http://0webinfo.com/ss/link.phpM15558&N1066&C8e970abf490d59bca7e65165b8238f56&L2727 ———– Recent News ———– Medical Marijuana, Inc. Submits Updated 15c2-11 Filing DENVER, May 17, 2012 /PRNewswire/ – Medical Marijuana, Inc.

(MJNA), has commenced the first step in the process for its 15c2-11 filing status with BMA Securities located in 608 Silver Spur Road, Suite 100, Rolling Hills Estates, CA 90274. The filing of a 15c2-11 is designed to allow non-reporting public company=E2s securities to be quoted on the National Association of Securities Dealers=E2 (=E2NASD=E2) Over-the-Counter Bulletin Board (=E2OTCBB=E2) by filing required disclosures. Once approved, this filing status causes another level of transparency which will be attractive to additional market makers and brokerage firms, thereby providing increased visibility to a broader set of investors.

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GRNE · MJNA · NXHD · SALT

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GWBU Set To Soar Today & Facebook IPO Good Morning Fellow Traders, You must all be watching the Facebook IPO with excitement. So I just wanted to say a few things about it. You all know how much hype there is around it, so please be careful. This is a company that a billion in revenues and a market cap that could be more than $170 B.

Also, the fact is the banks, funds, and big institutions will be getting the best shares first. Retail hands will only get served later. So one more thing to be careful about. Check how linkedin did on its IPO and the following weeks and you will see why I am being cautious about this one.

If you want to check another stock today, GWBU could be a interesting one for today as it has shown a consolidation yesteday.

[2]Facebook Page: http://clicks.skem1.com/trkr/c931&g67&ucb678862463d4ae86f57f61e928d63&p41c201318785097e0f6f0b16ec0b69&t=2 [3]Twitter Page: http://clicks.skem1.com/trkr/c931&g67&u=db98101b0998496074d752fede9a17af&p41c201318785097e0f6f0b16ec0b69&t=2!/StockVIP Link: [4]FREE SMS Alert Service Form or Text VIPStocks to 69302 Sincerely Penny Stocks VIP This message sent to by info@pennystocksvip.com Investor Alley Inc. 1200 McGill College Avenue Suite 1100 Montreal, Quebec H3B 4G7 You opted in to this list from: Subscribed Through PennyStocksVIP.com ([5]More info) [6]

GWBU

Xtremepicks.com Facebook | Xtremepicks.com Twitter | Xtremepicks.com RRS Feed | Xtremepicks.com HALL OF FAME! DROP – 83,000% LBSR – 4,500% HLNT – 1,400% VCTY – 1,500% CMG Holdings (CMGO) – Even Facebook will need CMGO`s AudioEye Even with the most anticipated IPO launched today, Facebook cannot escape the need for CMGO`s AudioEye technology to adhere to Section 508.

Actually, Over 8 million websites will soon need to adhere to Section 508 Compliance, and AudioEye has the solution Investors can only get a piece of AudioEye by being a shareholder on the spinoff deadline expected at the end of the month.

Image of the American flag and a statue of an EagleSection 508 is getting more and more attention and will affect over 8 million web sites to meet Section 508 accessibility standards – that`s where the BIG money will be for CMGO.

http://srv.ezinedirector.net/n69876&s7667683 Logo CMGO is on a massive tear breaking through several resistance level, with $0.05 near term target initiated by Direct Global Media – we are looking at CMGO as the play of the month! Members definitely have to stay tuned for Direct Global Media`s long term target this weekend – when Direct Global Media released their long term target on DROP, trading went crazy and shortly hit the target bang on at $1.25 giving members 83,000% gains.

For those who missed the action, DROP was trading in the sub pennies when we first alerted it to our members. We made some members millionaires and we are looking to add to the list with CMGO.

Direct Global Media Initiates Coverage on CMG Holdings Group, Inc. Marketwire(Wed 12:47PM EDT) CMGO closed yesterday at $0.0146 and is building a monster buzz. CMGO is setting up for a perfect storm with the AudioEye spinoff at the end of the month, golden cross breakout, and DGM`s research report.

Facebook may be the talk of the town today, but if you are looking for some serious gains, CMGO is the place to be this month http://srv.ezinedirector.net/n69877&s7667683 AudioEye is truly a necessary and soon will be a requirement for over 8 million websites to adhere to Section 508 Compliance.

Section 508 Compliance AudioEye effectively meets the criteria of Section 508 and the needs of the disabled (physical, learning, or visually impaired), as well as the sighted (elderly, internet novices) through a web delivered service that converts and catalogs content into audio format that is navigated by simple keystroke or audio commands.

About CMG Holdings Group, Inc. (CMGO):

CMG Holdings Group, Inc. is a full service marketing and communications holding company. CMGO`s mission is to build a national platform of exceptional companies that deliver solutions in the areas of alternative advertising, social media marketing services, event management and commercial rights. CMGO is seeking to expand its national presence via its acquired companies, capitalizing on their intellectual properties, patents, sales and marketing, new product development and continued operations via economic recovery. CMGO owns and operates wholly-owned subsidiaries, XA, The Experiential Agency, Inc. and Audio Eye, Inc.

For more information, please visit: www.cmgholdingsinc.com Join the up-to-date discussion in our Skype Chat Room. It’s free, and it’s easy to join. Just download Skype at http://srv.ezinedirector.net/n69878&s7667683 and add ‘xtremepicks’ to your contacts.

Xtremepicks.com your trading connection and remember to always do your own research, use stop loss orders to protect yourself, and book your profits when in a position to do so.

Xtremepicks.com profiles are not a solicitation or recommendation to buy, sell or hold securities and is not offering securities for sale. Xtremepicks did not receive compensation for the profile of CMGO and may be buyers in the open market. Verify all claims and do your own due diligence. An offer to buy or sell can be made only with accompanying disclosure documents and only in the states and provinces for which they are approved. view the full disclaimer Xtremepicks.com 2009 Home | Disclaimer

CMGO · DROP · FAME · HALL · HLNT · LBSR · VCTY