SOURCE: SmallCap Investors

April 29, 2008 08:52 ET

Tuesday's Watch List: MVTG, MAG, WWY, CBAK

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by

BOCA RATON, FL--(Marketwire - April 29, 2008) - Our list of stocks to watch for Friday include: Mantra Venture Group Ltd. (OTCBB: MVTG), Magnetek, Inc. (NYSE: MAG), Wm. Wrigley Jr. (WWY), China BAK Battery, Inc. (NASDAQ: CBAK)

Mantra Venture Group Ltd.(OTCBB: MVTG), announced yesterday after the bell that its Signal Smoothing Technology has successfully completed field testing and is ready for commercialization. Mantra's Signal Smoothing Technology is designed to support sustainable energy generation, which tends to be variable due to its natural source. Mantra's technology converts the power created from sustainable sources such as wind, solar or geothermal, and converts it into usable grid standard power, which can then be fed back into the grid.

Magnetek, Inc. (NYSE: MAG) gapping up in anticipation of earning's scheduled for 11am eastern. Magnetek, Inc. manufactures and sells digital power control systems that are used to control motion and power primarily in material handling, people moving, telecommunications, and energy delivery application.

Yesterday, family-owned Mars agreed to pay $80 a share for Wm. Wrigley Jr. (WWY) the deal that values the gum and candy maker at $23 billion. The offer was almost a 30% premium to Wrigley's closing price on Friday.

China BAK Battery, Inc. (NASDAQ: CBAK), one of the largest lithium-ion battery cell manufacturers in the world today provided a business update regarding results for its second fiscal quarter ended March 31, 2008.

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