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CRWEPicks Stock Report! 12/04/2009 MOV, CVAT, TAMO, AQNM, KITD

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Movado Group Inc. (NYSE: MOV), Ebel Watches and Brown & Co. Jewelers, Atlanta, Georgia, shared in a tribute on December 3, 2009, to recognize 2009 US Open quarterfinalist Melanie Oudin for her stellar performance in the tournament. Melanie became the youngest American quarterfinalist at the Open since 1999.

Cavitation Technologies, Inc. (CTI) (OTC Bulletin Board: CVAT) commented that it has entered into an agreement with Desmet Ballestra Group www.desmetballestra.com to evaluate CTI’s Nano Cavitation Reactor technology and its potential benefits to the vegetable oil industry.
Website: http://www.cavitationtechnologies.com

TAMM Oil and Gas Corp. (OTCBB: TAMO) today announced that it has entered into a Farmin agreement to earn the Heavy Oil Rights on up to 1,280 acres through Zentrum Energie Trust, AG (”Zentrum”) of Switzerland in the Manning area of Northwest Alberta, Canada. The Farmin Agreement provides that TAMM has the right to pay 100% of the costs to earn an undivided 100% of the Zentrum working interest in the land with Zentrum retaining a non-convertible 3% Gross Overriding Royalty Interest.

Aquentium, Inc. (OTCBB: AQNM) a diversified publicly traded company with a focus on “green technologies” announced that the company is now offering distributorship opportunities for its complete line of ozone sanitation and water treatment equipment for the Country of Indonesia.
Website: http://www.aquentium.com

In the news release, “KIT digital Reports on Integration of Recent Acquisitions and Strategic Outlook for 2010,” issued earlier today by KIT digital, Inc. (NASDAQ: KITD), we are advised by the company that the last sentence of the eighth paragraph should read “Management expects to achieve operating EBITDA margins in excess of 15% in Q4 2009.” rather than “Management expects to achieve operating EBITDA margins in excess of 15% in Q4 2010.” as originally issued. Complete corrected text follows.

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