PINK Stocks to Watch: BMSN, ELRA, SRGE, VBDB, MWIP

Houston, TX -- (SBWIRE) -- 12/17/2012 -- Bio Matrix Scientific Group Inc (PINK:BMSN) is currently trading at $0.0003, 25.00% lower. Bio-Matrix Scientific Group Inc. (BMSG) is a development-stage company. The Company is in the business of designing, developing and marketing medical devices, specifically disposable instruments used in stem cell extraction and tissue transfer procedures and operating cryogenic cellular storage facilities, specifically stem cell banking facilities. The Company, through Entest Biomedical, Inc. (Entest), its majority owned subsidiary, develops and commercializes therapies, medical devices and medical testing procedures.

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Elray Resources Inc (PINK:ELRA) fell 60.00% to $0.0002. Elray Resources, Inc. is an exploration stage company. The Company was engaged in the acquisition and exploration of mineral properties with a view to exploiting any mineral deposits discovered.

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Southridge Enterprises Inc. (PINK:SRGE) is higher 6.06% to $0.0070. Southridge Enterprises Inc. is a renewable energy company. The Company seeks to engage in the production and marketing of ethanol and other renewable fuels in the south eastern region of the United States. The Company is in development stage. From inception on May 4, 2004 to August 31, 2006, the Company was engaged in no significant operations other than organizational activities, acquiring and staking its properties and planning Phase I of the exploration work on its Hilltop properties located in Canada.

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Vendum Batteries Inc. (PINK:VNDB) among the losers and the stock fell 66.67% to $0.0001. Vendum Batteries Inc., formerly Wishart Enterprises Limited, is a development-stage mobile battery company. The Company is focused on identifying, evaluating, acquiring, developing and partnering for the commercialization of eco-friendly power sources. The Company focuses on developing a new cellulose-based power source. This battery is entirely biodegradable, as it is primarily composed of cellulose and uses none of the toxic elements used in traditional batteries, such as mercury, lead, chromium, or cadmium.

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MediSwipe Inc (PINK:MWIP) is higher 59.00% to $0.0159. MediSwipe Inc., formerly Cannabis Medical Solutions Inc. offers a transaction processing and security solutions for the medical and healthcare industries, using traditional, Internet Point-of-Sale (POS), e-commerce and mobile (wireless) payment solutions. The Company's electronic payment processing suite of services will enable clients to accept all credit cards, in store or online, debit and automated teller machine (ATM) cards and ACH check drafts for payment whether a retail, service, mail-order or Internet merchant.

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