Stockguru.com: Stocks to Watch for February 11, 2009 - OXBO, DSHL, EDIG, COVR, WLGC, and EGSR

Wed. February 11, 2009; Posted: 04:07 AM

Feb 11, 2009 (M2 PRESSWIRE via COMTEX) -- WLGC | Quote | Chart | News | PowerRating -- Our Stocks to Watch today include : Oxygen Biotherapeutics, Inc. (OTCBB: OXBO), DIAS Holding, Inc. (OTCBB: DSHL), e.Digital Corp. (OTCBB: EDIG), Cover-All Technologies Inc. (OTCBB: COVR), WordLogic Corporation (OTCBB: WLGC), and Energas Resources Inc. (OTCBB: EGSR)

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Oxygen Biotherapeutics, Inc. (OTCBB: OXBO | Quote | Chart | News | PowerRating) Shares traded down 9.70% at $0.298

Oxygen Biotherapeutics, Inc. is dedicated to commercializing innovative pharmaceuticals and medical devices in the field of oxygen therapeutics and continuous substrate monitoring. The company has under development a perfluorocarbon therapeutic oxygen carrier and liquid ventilation product (Oxycyte ) and an implantable glucose sensor. These products are based upon core technologies that include biomedical applications for PFCs and medical and industrial applications for biosensors. Each of the product candidates is designed with advantages over currently marketed products in major markets including traumatic brain injury, sickle cell crisis pain, trauma, wound care, acute respiratory distress syndrome, stroke, myocardial infarction, surgery, and diabetes.

OXBO News Yesterday, Oxygen Biotherapeutics announced plans to file a Phase II, dose escalation, clinical trial protocol in Switzerland for use of Oxycyte in traumatic brain injury (TBI). Oxycyte is the Company's perfluorocarbon (PFC) therapeutic oxygen carrier. The announcement came in a presentation today by Chris J. Stern, DBA, company chairman and CEO, at the BIO CEO & Investor Conference in New York. During the presentation, Stern said that the company is in the final stages of preparation to file the protocol in Switzerland. "Depending on the timing of the review process there, we could begin enrolling patients in the second quarter," said Stern.

In addition, Stern said in the presentation that the company is targeting to have a topical wound care product ready to come to market as early as the end of 2009.

DIAS Holding, Inc. (OTCBB: DSHL | Quote | Chart | News | PowerRating) Shares stayed steady at $0.03

DIAS Holding, Inc. ("DIAS," f/k/a JPC Capital Partners) is a Delaware Corporation servicing the multi-billion dollar industry of providing automotive, railway and petroleum industries with raw, finished and assembled components. The company's major subsidiaries include Asia Forging Supply Company, a prime contractor for a network of factories throughout Asia, and the Detroit International Auto Salon, the largest independent, year-round exhibition center for automotive products.

DSHL News Yesterday, DIAS Holding, announced that preliminary results for 2008 indicate that Asia Forging Supply Co. Ltd ("AFS"), the wholly-owned subsidiary of DIAS Holding, Inc., had revenues that were fairly consistent with 2007 revenues. DIAS Holding reported consolidated sales of almost $14.6 million in 2007. Despite the global down turn in automotive sales in 2008, AFS was successful in maintaining its sales levels. AFS, headquartered in Taiwan, is a one-stop supplier and is represented globally with sales and service locations in over 14 countries and 4 continents. In spite of the weakening automotive market in America, AFS anticipates a growth in sales for 2009.

e.Digital Corp. (OTCBB: EDIG | Quote | Chart | News | PowerRating) Shares traded down 0.58% at $0.17

e.Digital is a leading innovator of dedicated portable in flight entertainment systems. More than 30 airlines have made dedicated portable systems powered by e.Digital technology their in flight entertainment choice. e.Digital also owns and is pursuing the monetization of its Flash-R(TM) portfolio of flash memory-related patents. e.Digital was the first company to employ and patent important aspects of the use of removable flash memory in portable recording devices.

EDIG News Yesterday, e.Digital reported record revenues and net income for its third fiscal quarter and for the nine months ended December 31, 2008. Revenues for Q3 of fiscal 2009 were $3.9 million, a 228% increase over $1.2 million for Q3 of fiscal 2008. Net income attributable to common stockholders for Q3 of fiscal 2009 was $1.5 million or $0.01 per diluted share, compared to a net loss attributable to common stockholders of $425,000 or $(0.00) per diluted share for Q3 of last year. The $1.9 million improvement was the result of higher margin patent license revenues that offset a decline in eVU(TM) product and service revenues.

Cover-All Technologies Inc. (OTCBB: COVR | Quote | Chart | News | PowerRating) Shares traded down 4.35% at $1.10

Cover-All Technologies Inc., since 1981, has been a leader in developing sophisticated software solutions for the property and casualty insurance industry - first to deliver PC-based commercial insurance rating and policy issuance software. Currently, Cover-All is building on its reputation for quality insurance solutions, knowledgeable people and outstanding customer service by creating new and innovative insurance solutions that leverage the latest technologies and bring our customers outstanding capabilities and value.

COVR News Yesterday, Cover-All Technologies announced that management will conduct a live teleconference to discuss its year-end and fourth quarter 2008 financial results. The call is scheduled for 4:30 p.m. ET on Tuesday, February 17, 2009. Management expects to issue its financial results after the market closes on Tuesday, February 17, 2009.

WordLogic Corporation (OTCBB: WLGC | Quote | Chart | News | PowerRating) Shares traded down 10.20% at $0.44

WordLogic Corporation is a technology company that delivers predictive interface solutions for computing devices ranging from mobile devices to laptops and tablet PCs to conventional desktop computers. Incorporated in the United States, the company's research, testing and marketing facilities are located in Canada.

WLGC News Yesterday, WordLogic announced that serious discussions are taking place to substantially finance the operations of the Company. The finalization of the Technical Evaluation by Mark Varley will prove WordLogic's value to the financial community. This report addresses the value of the Company's crown jewel -- its patent portfolio. The Company's patents protect its technology the moment a business application leaves the first level and drills deeper into databases or search lists. The vertical business, professional, educational, and government applications are endless. It is only a matter of time when this company's technology and patents will be discovered for its real value. The report will be completed shortly and will also address the vast potential of the technology's vertical applications and the size of their markets.

Energas Resources Inc. (OTCBB: EGSR | Quote | Chart | News | PowerRating) Shares traded down 12.63% at $0.083

Energas Resources, Inc., through its subsidiary, A.T. Gas Gathering Systems, Inc., engages in the acquisition, exploration, operation, development, and production of petroleum and natural gas properties in the United States. It principally operates in the Arkoma Basin in Oklahoma and the Powder River Basin in Wyoming. The company was incorporated in 1989 and is based in Oklahoma City, Oklahoma.

EGSR News Yesterday, Energas Resources signed a letter of intent to purchase a natural gas gathering pipeline system from Excalibur Pipeline Company, L.L.C. in Callahan and Shackleford Counties, Texas. The pipeline system consists of 6", 4" and 2" steel and is approximately 14 miles in length. Energas plans to use this pipeline as the primary gathering system for its Texas project as it connects with Enbridge pipeline transmission system for gas sales. It is the intent of the parties that the purchase consideration for this pipeline will be 1,000,000 shares of Energas Resources, Inc. common stock.

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