OTCPicks.com Stocks to Watch for Thursday, February 2nd ...

OTCPicks.com Stocks to Watch for Thursday, February 2nd CGFIA, CAMS, COSI, SRGE, SAPX, PURE Our Stocks to Watch tomorrow include Colorado Goldfields Inc. (OTC:

CGFIA), Cambrian Systems Inc. (OTC: CAMS), Cos? Inc. (NASDAQ: COSI), Southridge Enterprises Inc. (OTC: SRGE), Seven Arts Entertainment Inc.

(NASDAQ: SAPX) and Pure Bioscience Inc. (NASDAQ: PURE).Visit http://otcpicknews.com/emailmarketer/link.phpM940&N95&L1&F=T to register for our Stocks to Watch Newsletter and Email Stock Watch Alerts.COLORADO GOLDFIELDS INCORPORATED (OTCBB: CGFIA) "Up 100.00% on Wednesday" Detailed Quote:

http://otcpicknews.com/emailmarketer/link.phpM940&N95&L57&F=T Colorado Goldfields Inc. is a Denver-based junior exploration and mining company primarily exploring for gold and silver. Our seasoned management team targets historic gold camps with strong potential for multiple deposit discoveries. Currently, our business model in Colorado provides an outstanding combination of former producing properties with excellent exploration and production potential and a currently inactive, modern, up to 700 ton per day capacity mill facility to allow for an attractive short-term production time frame. We expect that this strategic plan will allow Colorado Goldfields to reach its goal of profitability, potentially within the next 18 months. CGFIA News:December 21 - Colorado Goldfields Inc. Convenes Summit With Senior Consulting Engineering Team; Sets Final Design Completion Date of January 15, 2012Colorado Goldfields Inc.`s (OTC: CGFIA) Special Consulting Engineer, Stephen C. Fearn recently talked with engineer Wayne Dale, who is completing the final piece of the Company`s upcoming reclamation permit amendment submission to the Colorado Division of Reclamation, Ming and Safety ("Division").Mr. Fearn: What work is required to complete the design of the Dry Stack Tailings RepositoryMr. Dale: The Avalanche Study has been completed and with the completion of the Avalanche study new design considerations were identified which are now being addressed. We now need to finish the design of the containment system. With the completed design of the containment system we will address the issues necessary to assure the Division of the stability of the tailings repository during the different stages of tailings placement and for final site closure. This will be addressed by the results of the seismic study which is currently in progress. The last phase of the containment design will incorporate features in the embankment design to ensure protection from the 100 year flood event.Mr. Fearn: What is the initial designed size and capacity of the dry stack repositoryMr. Dale: The initial design capacity of the first cell is approximately 100,000 tons. The expected capacity of the first unit (cells 1 and 2) will be approximately 250,000 tons. The first cell will be approximately 200 feet wide and 500 feet long. The second cell will be approximately 200 feet wide and 400 feet long. After completion of cells 1 and 2, additional tailings will be placed into the volume between the two cells. This develops approximately 7 acres of the 35 acre repository site.Mr. Fearn: Why is it important and what problems do we avoid by completing each of these items prior to submitting the permit amendment applicationMr. Dale: The most important thing to do is submit the most complete and detailed Permit Amendment to the Division for their review. This will allow the Division to do a onetime comprehensive review of the amendment, rather than having to pass-through the entire submittal multiple times. This has been a common mistake in the past.Mr. Fearn: What is the schedule for completion of these items and is their completion interdependentMr. Dale: With the completion of the avalanche study, all inter-dependencies have been removed. We estimate that the final design for inclusion in the permit amendment application will be completed by January 15, 2012.Mr. Fearn: How does providing a complete design to the Division of Reclamation, Mining and Safety with the Permit Amendment Application reduce the time required for Permit ApprovalMr. Dale: One of the reasons that permitting can take so long (as we`ve seen with other operators in the area), is that designs are submitted on a conceptual level with references to "further detailed analysis later." All this does is slow the evaluation process. A one-time comprehensive review will eliminate multiple submittals, which are in the form of answers to "adequacy issues." Each one of those can add weeks to approval process. We are going to avoid that.Mr. Fearn: How is the current dry stack design providing superior protection to the environment And does it provide better utilization of the overall repository site than in the original proposed designMr. Dale: The new design will demonstrate to the Division that Colorado Goldfields is concerned for the protection of the environment by: 1) Protecting the Animas River from the potential of an accidental spill and the resulting degradation of water quality by contaminants; 2) Protecting the construction site from precipitation on the tailings pile during placement of the tailings; and, 3) Placing a protective cap over the dry-stacked tailings at the completion of each major section of the repository, minimizing the additional work required for final reclamation when the milling process is completed and the site is closed. The new design will provide for better utilization of the site by increasing the individual cell capacity and reducing the number of individual cells. More site volume can be utilized for mill tailings disposal and less borrow material and construction time will be required in the construction of perimeter berms.CAMBRIAN SYSTEMS INCORPORATED (OTC: CAMS) "Up 100.00% on Wednesday" Detailed Quote:

http://otcpicknews.com/emailmarketer/link.phpM940&N95&L15&F=T Cambrian is an independent oil and gas company with a primary focus on acquiring, developing and participating in the U.S. crude oil and natural gas properties.CAMS News:January 18 - Cambrian Announces Corporate UpdateCambrian Systems (OTC: CAMS) announces that it is making very good progress in Kentucky.As we stand today, Cambrian Systems is predominantly an independent oil and gas company with a primary focus on acquiring, developing and participating in crude oil and natural gas properties. The past four months have been highly productive for Cambrian. We now have acquired just over 500 acres of oil leases. Significant revenue opportunities exist through the development of the existing wells and the reactivation of the shut-in wells.Currently, our operator has been carrying out appraisal and development studies. The principal objective of the 2012 work program is to assess and plan for the commercialization of our prospective resources and to explore ways to exploit these Wells with an early production scheme to generate early cash flows. The Company constantly reviews investment opportunities that will increase our exploration and production asset portfolio and will target value accretive acquisitions which may require additional funding in the future.We are also proud to announce that within the next two weeks we expect to fully equip and put one well into production on our 250 acre King lease in Green County, Kentucky.Over the ensuing weeks we`ll be closely monitoring and working to maximize production from this well. Assuming we achieve commercially viable production amounts, we`ll use the same production-enhancing techniques employed on this well as a blueprint as we move forward with equipping and getting production from other wells on our block of leases in Green County.COSI INCORPORATED (NASDAQ: COSI) "Up 13.81% on Wednesday" Detailed Quote:

http://otcpicknews.com/emailmarketer/link.phpM940&N95&L74&F=T Cosi, Inc. owns, operates, and franchises premium convenience dining restaurants. The company offers squagels, sandwiches, bagels, salads, soups, appetizers, melts, flatbread pizzas, S?mores, and other desserts; coffees and other espresso-based beverages, seasonal fruit smoothies and specialty drinks, soft drinks, flavored teas, and bottled beverages, such as still and sparkling waters; and alcoholic beverages, which include beer and wine. Its restaurants also provide catering services for the breakfast and lunch day parts. As of May 13, 2010, the company had 86 Company-owned and 57 franchise restaurants operating in 18 states, the District of Columbia, and the United Arab Emirates. Cosi, Inc. was founded in 1994 and is based in Deerfield, Illinois.COSI News:January 26 - Cosi, Inc. Reports Fourth Quarter SalesCos?, Inc. (NASDAQ: COSI), the premium convenience restaurant company, today reported that total revenues for the 2011 fourth quarter increased by $838,000 to $26,193,000 compared to $25,355,000 for the 2010 fourth quarter. The 2011 fourth quarter included one extra week of revenues versus the 2010 fourth quarter.System-wide comparable restaurant sales, which assume a 52 week year as measured for restaurants in operation for more than 15 months, recorded an aggregate 2.6% increase compared to the fourth quarter of 2010. The Company-owned comparable restaurant sales increase for the 2011 fourth quarter was comprised of a 0.6% increase in traffic and a 0.3% increase in average check. Cos? noted that the comparable sales results for the fourth quarter benefited from several marketing initiatives to drive traffic and build average check as well as from seasonally milder weather. Cos? also stated that system-wide comparable sales to date for the first quarter of 2012 are consistent with the comparable sales results achieved for the fourth quarter."I was pleased to see the positive system-wide comparable sales trend Cos? achieved in the fourth quarter culminating with an 8.2% increase in December," said Carin Stutz, Cos?`s President and Chief Executive Officer.

"This sales performance only reinforces my confidence in the long term potential of this great brand."Company-owned net restaurant sales increased by $701,000 to $25,334,000 for the 2011 fourth quarter compared to $24,633,000 for the 2010 fourth quarter. The increase over last year`s quarter was largely due to $1,375,000 of sales related to the extra week of sales in the 2011 fourth quarter (14 weeks versus 13 weeks) partially offset by sales related to several locations closed during and subsequent to the fourth quarter of 2010. Franchise fees and royalty revenues for the fourth quarter contributed $859,000 compared to $723,000 in the 2010 fourth quarter. The increase in royalties in the 2011 fourth quarter over last year`s quarter was due primarily to higher sales as well as royalties related to the extra week of sales in the 2011 fourth quarter.Cos? noted that the 2011 fiscal year included 53 weeks, 14 weeks in the fourth quarter, versus the 2010 fiscal year which included 52 weeks, 13 weeks in the fourth quarter.Company-owned comparable sales are based on sales from restaurants that have been operating as Cos? for more than 15 months. Franchise-operated comparable sales are based on sales, as reported by franchisees, from restaurants that have been operating as Cos? for more than 15 months..SOUTHRIDGE ENTERPRISES (OTC: SRGE) "Up 10.00% on Wednesday" Detailed Quote:

http://otcpicknews.com/emailmarketer/link.phpM940&N95&L22&F=T Southridge Enterprises, Inc. operates as a renewable energy company. It primarily focuses on the production and marketing of ethanol and other renewable fuels in the eastern United States. The company was founded in 2004 and is headquartered in Dallas, Texas. SRGE News:January 30 - Southridge to Decrease Total Outstanding Shares by Over 18%Southridge Enterprises Inc. (OTC: SRGE) ("Southridge" or the "Company") announced that it will be retiring 150 million shares. This transaction represents a reduction of approximately 18% of the Company`s issued and outstanding common shares.Michael Davies, the Company`s President, commented, "By decreasing the total outstanding shares by over 18%, we intend to increase future earnings per share and allow our share price to more accurately represent the quality and profit potential of our assets and operations to the investment community."As previously announced on November 08, 2011, the acquisitions of stock under the repurchase plan will be made from time to time as permitted by securities laws and corporate legal requirements and subject to market conditions and other factors. Share purchases will be funded by the Company`s cash and through debt financing. The repurchase plan will continue as long as periodic management reviews deem it to be fiscally feasible and the plan may be discontinued at any time.SEVEN ARTS ENTERTAINMENT INCORPORATED (NASDAQ: SAPX) "Up 19.13% on Wednesday" Detailed Quote:

http://otcpicknews.com/emailmarketer/link.phpM940&N95&L52&F=T Seven Arts Entertainment Inc. is the successor to Seven Arts Pictures Plc., which was founded in 2002 as an independent motion picture production and distribution company engaged in the development, acquisition, financing, production, and licensing of theatrical motion pictures for exhibition in domestic (i.e., the United States and Canada) and foreign theatrical markets, and for subsequent worldwide release in other forms of media, including home video and pay and free television.SAPX News:January 24 - Seven Arts Announces Execution of Definitive Agreement to Acquire Michery Music AssetsDavid Michery to Become CEO of Seven Arts Music; Acquisition Includes Two Albums by Multi-Platinum Recording Artist DMX, and U.S. Scheduled Release of DMX`s New Album "Undisputed" in the Second Quarter of 2012Seven Arts Entertainment Inc. (NASDAQ: SAPX) ("Seven Arts") announced that it has executed a definitive agreement with David Michery to acquire his music assets. Mr. Michery is a music industry veteran with an extensive track record of accomplishments. The acquired Michery assets are comprised of recording agreements with several artists, including two completed albums with multi-platinum artist DMX. Seven Arts also announced that "Undisputed," the first of these two completed DMX albums, is scheduled to be released in the United States in the second quarter of 2012 through Fontana Distribution, a division of Universal Music Group. The terms of the acquisition were not disclosed.DMX`s last four albums, which were released between seven and twelve years ago, earned gross revenues averaging more than $35 million per album in the United States, according to SoundScan. DMX is the only artist in the history of The Billboard 200 to reach No. 1 with his first five albums.

DMX`s last solo album, "The Great Depression," topped the chart with debut week sales of 440,000 copies. Earlier albums, "...And Then There Was X" and "Flesh of My Flesh, Blood of My Blood," both sold more than 600,000 units in their opening weeks.Seven Arts Entertainment CEO Peter Hoffman stated: "Dave Michery represents a significant addition to Seven Arts` business, and we are very excited about the revenue and earnings potential of DMX and Dave`s other music assets."Upon completion of the acquisition, David Michery will be appointed Chief Executive Officer of Seven Arts Music, which is the Company`s new music division. This division will initially include Big Jake Music, and stars such as DMX. Seven Arts Music intends to develop new talent and label-establishing artists in the genres of hip hop, R&B, pop, dance and rock. David Michery`s prominent career includes the production of numerous platinum albums and an executive role as Head of Urban Music for All American Communication, D.B.A. Scotti Bros. Records, A&R for MCA Records and Zoo/BMG, and founder of Breakaway Entertainment and American Music Corporation."David is a proven leader and visionary in the music industry," stated Peter Hoffman. "David`s enthusiasm and strong professional reputation are well known, and he is a terrific addition to the Seven Arts team.""I am very excited about this opportunity to be a part of building a music company for Seven Arts," stated David Michery. "Peter Hoffman has had great success over the years, and I am confident that my executive staff (to be announced soon) and I will continue that success."PURE BIOSCIENCE INCORPORATED (NASDAQ: PURE) "Up 11.23% on Wednesday" Detailed Quote:

http://otcpicknews.com/emailmarketer/link.phpM940&N95&L48&F=T Pure Green, LLC is the international distributor of PureGreen24 disinfectant and deodorizer. Pure Green is dedicated to reducing health risks caused by exposure to pathogens without endangering humans and animals during the disinfecting process. PureGreen24 kills MRSA and Staph, yet also kills common household germs and provides 24-hour effectiveness against standard bacteria. PureGreen24 can be used in the presence of children and animals. PURE News:December 23 - Coalition to Save Pure Files Proxy Documents With SEC, Urges Pure`s Board to Set an Annual Meeting DateThe Coalition to Save Pure, a group of stockholders and director nominees that has nominated a slate of six individuals to replace the current board of directors of Pure Bioscience, Inc. (NASDAQ: PURE), filed its preliminary proxy statement with the Securities and Exchange Commission.Pure owns the rights to silver dihydrogen citrate (SDC), an antibacterial, antiviral and antifungal technology.In the filing, the Coalition outlined its reasons for seeking to replace the current board. "We believe that SDC holds substantial promise and that Pure has simply had the wrong people at the helm. They have had more than enough opportunity to prove themselves, but have saddled the Company with operating losses and inflicted substantially diminished share value upon stockholders," the Coalition`s filing stated.The Coalition has also called upon Pure`s Board of Directors to set a timely date for the Company`s next annual meeting:"It`s time to give Pure`s stockholders the choice between current management and new leadership. January 19 marks one year since Pure`s last annual meeting. We urge Pure`s board to schedule the next annual meeting without delay, so that stockholders can express their will and choose who they want to lead their company."OTCPicks.com is located at 3533 Twin Lakes Drive, Prosper, TX 75078, Telephone: (972) 546-3740, Email: Publisher@OTCPicks.com.This email address is being protected from spam bots, you need Javascript enabled to view it..DO NOT BASE ANY INVESTMENT DECISION UPON ANY MATERIALS FOUND ON THIS REPORT. We are not registered as a securities broker-dealer or an investment adviser either with the U.S. Securities and Exchange Commission (the "SEC") or with any state securities regulatory authority. We are neither licensed nor qualified to provide investment advice. OTCPicks.com makes no recommendation that the purchase of securities of companies profiled in this web site is suitable or advisable for any person or that an investment such securities will be profitable. 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