Premium Membership
2010
28th
July 6:12am

OTC high volumes with positive change: (ADSY, MCLN, PTSC, OOIL, QSGIQ)


Dear PSL members,

OTC high volumes with positive change: (ADSY, MCLN, PTSC, OOIL, QSGIQ)

Ad Systems Communications Inc (OTC: ADSY) moved up by 33.33% to close at $0.04 whereas overall traded volume stood at 11.84 million shares. Ad Systems Communications, Inc., formerly Nanoasia Ltd., is a development-stage company. The Company is engaged in the business of purchasing chemicals produced through the use of nano-technology by NanoDuck China (Products), using those chemicals to treat finished garments for companies that manufacture and sell clothing ( Services), and selling those chemicals to fabric mills who wish to produce and sell fabrics with special performance features. When fabrics are treated with its products, they become performance fabrics with special attributes:  water and oil repellent (WOR), ultraviolet (UV) protection, or antibacterial (AB). As of August 31, 2009, the Company had not generated any revenues.

MedClean Technologies Inc. (OTC: MCLN) went up by 4.67% and closed at $0.015 with total traded volume of 5.90 million shares in the last trading day. MedClean Technologies, Inc. (MTI), formerly Aduromed Industries, Inc., is in the business of providing solutions for managing medical waste on site including designing, selling, installing and servicing on site (in-situ) turnkey systems to treat regulated medical waste. The Company provides these systems to hospitals and other medical facilities as efficient, safe, cost effective and legally compliant solutions to incineration, off site hauling of untreated waste and other alternative treatment technologies and methodologies. MTI’s principal products are the MedClean series systems. Also effective January 2, 2009, the Company merged its former wholly owned subsidiary, Aduromed Corporation (Aduromed), with and into the Company.

Patriot Scientific Corporation (OTC: PTSC) surged by 38.67% to close at $0.20 whereas traded volume stood at 4.72 million shares for the day. Patriot Scientific Corporation (PTSC) is an intellectual-property licensing company that licenses its jointly held patent portfolio technology, through its interest in Phoenix Digital Solutions, LLC (PDS), to others and litigates against those who infringe upon the patent portfolio technology. Its technologies are used throughout the world in products ranging from computers and cameras to printers, automobiles and industrial devices. The Company also provides data sharing services and secure data solutions. In September 2008, the Company acquired Patriot Data Solutions Group, Inc. (PDSG). PDSG is a segment of the Company’s business. The Company owns 37.1% interest in Avot Media, Inc. On September 1, 2008, the Company acquired Crossflo Systems, Inc. (Crossflo). On March 27, 2009, Crossflo acquired the Vigilys Tactical Operating System business line from Kratos Defense & Security Solutions, Inc.

Originoil Inc (NASDAQ: OOIL) closed at $0.21 after increasing by 23.53% with overall traded volume of 3.68 million shares in the last trading session. OriginOil, Inc. is a development-stage company. As of December 31, 2009, the Company was developing a technology to produce a bio-fuel from algae through a cost-effective, high-speed manufacturing process to replace petroleum in various applications such as diesel, gasoline, jet fuel, plastics and solvents.

QSGI, Inc. (PINK: QSGIQ) reported the gain of 121.74% and closed at $0.025 whereas total traded volume stood at 2.87 million shares. QSGI Inc. is a technology services and maintenance company. The Company operates through four segments:  Data Center Maintenance, which provides hardware maintenance services for enterprise-class hardware and associated peripheral products and Data Center consulting to companies throughout the United States; Data Center Hardware, which support its Data Center Maintenance clients’ IT hardware needs as well as the IT needs of companies nationwide through its selling of refurbished enterprise-class hardware including mainframe processors, midrange processors and associated peripheral products and replacement parts to companies; Data Security and Compliance, which provides data security and regulatory compliance services for end-of-life business-computing Information Technology (IT) assets; Network Infrastructure Design and Support, provides service for a spectrum of technologies from mainframes to PCs.

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