Elite Traders Group is offering insights on recent OTC market stocks that should see some action this week.

Shengkai Innovations, Inc. (NASDAQ: VALV) is primarily engaged in the design, manufacture and sale of ceramic valves, high-tech ceramic materials and the provision of technical consultation and related services. The Company's industrial valve products are used by companies in the electric power, petrochemical and chemical, metallurgy and other industries as high-performance, more durable alternatives to traditional metal valves. The Company was founded in 1994 and is headquartered in Tianjin, PRC. (Get Full Report) http://www.firstpennypicks.com/get-your-free-research-report/

Colorado Gold Mines Inc. (OTCQB: CGLD) is a development stage company engaged in the acquisition, exploration, development, mining and processing of precious metal properties. This security appears to be heating up again. (Get Full Report) http://www.firstpennypicks.com/get-your-free-research-report/

Compliance Systems Corp. (OTCQB: COPI) had an acquisition that was consummated on October 30, 2012. As a result of the Acquisition and the issuance of certain Debt Exchange Shares, there are now 41,810,476 shares of our common stock outstanding, on a fully diluted basis, of which approximately 71% are held by RDRD. They have been advised that RDRD has a total of five Equity Owners, each of whom would qualify as an Accredited Investor under Regulation D. Prior to the acquisition they were a shell company with no business operations. As a result of the Acquisition, they are no longer considered a shell company. (Get Full Report) http://www.firstpennypicks.com/get-your-free-research-report/

Viscount Systems (OTCQB: VSYS) designs unified IT and physical security software platforms for building security and emergency planning. Recent awards include SIA Convergence Solution of the Year 2011 and Homeland Securities Platinum Award for Emergency Response and Gold Award for Access Control at GOVSEC 2011. (Get Full Report) http://www.firstpennypicks.com/get-your-free-research-report/

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Shengkai Innovations (CE) (USOTC:VALV)
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