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CPIX, AVOT, ERII, ORFG, VIMC - Stock Update From DrStockPick.com!

Jan. 06, 2011 4:08 PM ET
Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

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American Video Teleconferencing Corp. (Pink Sheets:AVOT) is pleased to announce that it is presently in final discussions to enter into a formal agreement to acquire an exclusive option on a molybdenum property in the Otter lake area in the province of Quebec, Canada.

The property has been dormant since the 1960's when Hupon Mining and Exploration carried out surface work, stripping, trenching and a minor drill program of 445 feet contained in 11 drill holes. Some of the sample results from the trenching in 1962 showed 0.94% to 25% molybdenum averaging 5-10%. These values were obtained from assessment files in the Department of Mines in Quebec City.

This property is only one of several advanced stage properties American Video has under consideration in the province of Quebec.

Rare earth elements have become irreplaceable in clean tech such as hybrid and electric car motors, high-efficiency light bulbs, solar panels and wind turbines. They also play a key role in defense technologies such as cruise missiles, radar and sonar and precision-guided weapons.

Experts warn that the U.S. depends upon China for almost its entire supply of rare earths, and has let its own rare earth production languish despite having about 15 percent of the world's reserves. A draft of a Chinese rare earths plan for 2009-2015 states that China's own industrial demand could soon lead to restrictions or bans on the export of rare earths.

The U.S. Geological Survey (USGS) has noted that 91 percent of U.S. consumption of rare earths came from China between 2005 and 2008.

Constraints on Chinese exports are creating opportunities for non-Chinese projects

American Video will aggressively continue to search world-wide for opportunities in Precious, Base and Rare Earths metal projects.

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Orofino Gold Corp. (ORFG.PK) is a US (Nevada) company established for the purpose of creating a significant exploration and mining group to operate in Colombia.

Orofino has major criteria by which they select properties that includes:

* Significant historical production
* Favorable geology for hosting major ore bodies
* Significant property area for large target exploration
* Recent results available
* Favorable infrastructure and access to allow mine development
* Receptive local government and populace.

In other news from ORFG, the company is pleased to announce that the Board Of Directors have appointed Mr. Ning Shi Long as Chairman of the Board and Executive Director.

Mr. Ary Fernando Pernett Marque has been appointed as the new President/CEO & Executive Director of Orofino Gold Corp.

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Vimicro International Corp. (Nasdaq:VIMC) announced it has entered into definitive business restructuring agreements to divest certain non-core business lines and land use rights as part of its cost control initiatives. The Company expects this divestiture of loss generating businesses and undeveloped assets to improve its operating performance and financial strength, further enabling Vimicro to focus resources on its new growing surveillance business.

Vimicro International Corporation, through its subsidiaries, designs, develops, and markets mixed-signal semiconductor products and system-level solutions for the consumer electronics, communications, and surveillance markets in Mainland China, Taiwan, Japan, Hong Kong, and Korea.

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Energy Recovery, Inc. (Nasdaq:ERII) announced that it has completed delivery of 25 ERI TurboCharger energy recovery devices for the largest seawater reverse osmosis (SWRO) desalination plant in the world. Energy Recovery Inc, through its acquisition of Pump Engineering, has supplied the AT-7200 TurboChargers to Hyflux Ltd., the company that has designed, built and will operate the plant located in Magtaa in northwestern Algeria. The facility will be producing 500,000 m3/day of clean, potable water.

Energy Recovery, Inc. develops, manufactures, and sells energy recovery devices and pumps primarily for use in seawater and brackish water desalination worldwide. The company sells its products under the trademarks of ERI, PX, PEI, Pressure Exchanger, PX Pressure Exchanger, Pump Engineering, and Quadribaric.

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Cumberland Pharmaceuticals, Inc. (Nasdaq:CPIX) announced that it has implemented a recall of 6 lots of Acetadote® (acetylcysteine) Injection, the Company's injectable treatment to prevent or lessen liver injury after ingestion of a potentially toxic quantity of acetaminophen. Cumberland informed the U.S. Food and Drug Administration (FDA) of its plans to voluntarily recall these lots of Acetadote as a precautionary measure based on observed particulate matter found in a very small number of vials. The source of the particulate matter was from the glass vial produced by a former supplier.

Cumberland Pharmaceuticals Inc., a specialty pharmaceutical company, focuses on the acquisition, development, and commercialization of branded prescription products for the hospital acute care and gastroenterology markets primarily in the United States.

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Crown Equity Holdings Inc. (OTCPK:CRWE) has received from the company 2,000,000 shares of (144) restricted common stock of American Video Teleconferencing Corp. (OTC:AVOT) for 12 months IR Services and 1,000,000 shares of (144) restricted common stock for its IT services.

Crown Equity Holdings Inc. (OTCPK:CRWE) has received 500,000 shares of 144 stock in Orofino Gold Corp. (PINK SHEETS: ORFG) valued at sixty five thousand dollars, and 500,000 shares of free trading shares valued at sixty five thousand dollars from a third party (QU CUI You) for 30 days advertising .

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