Good Day SCN Members... Yesterday's close proved a good solid day in the market and it appears to be making an attempt to provide some follow through as I write right now. I suspect we'll see a pretty decent move into the close. This market has been beaten up without any sort of relief rally, so my suspicions are we'll see more to the upside before we run into any significant resistant. As far as I'm concerned though, I've got something that I believe is going to end up making investors a lot more money in the long run than trading the market indexes. I want to bring your attention to a pretty significant event that took place this morning with one of our Featured Stocks... CommerceTel (MFON). The Company came out on the open announcing the appointment of David Jaques to their board of Directors. This is a HUGE endorsement for CommerceTel and what it means to their growth in the mobile marketing space. Jaques is the former CFO of Pay Pal, which we're all familiar with. In the Company's early stages, Jaques established Pay Pal's financial planning and accounting processes, was instrumental in raising three rounds of private equity financing totaling $140 million and coordinated the merger of PayPal, Inc. with X.com Corporation which resulted in a $680 million valuation. He's got a very impressive pedigree. I've enclosed this morning's press release below in its entirety so you can read the details. This is no joke, folks, and it speaks volumes for what industry experts think about CommerceTel's future as a software service Company in the mobile marketing space. Think about it, Jaques comes out of the same space, software as a service. The guy only has so much time on his hands and he chooses MFON as a Company he wants to help grow? CommerceTel is starting to shape up to be one of the best early stage small stock plays I've seen in quite some time. Looking at how the stock is trading so far this morning, it appears nobody cares, which, to me is absolutely ludicrous. That's opportunity knocking. I've said it before and I'll say it again, the best time to buy the right small stocks is when nobody cares. Investors are funny to me sometimes. I listen to friends and colleagues tell me how they lost on a particular stock or how they're upside down on a particular stock and you know what the common theme always seems to be? They got in too late and followed the herd when the early stage investors were selling. To me, MFON represents a lower risk opportunity now, before it gets hot. I've been at this a long time. It's your call. Have a read at their press release below. Also, SCN Contributor, James Brumley, covered their news this morning. Click here to read what he thinks about the news. This is what makes good companie - Good management with the right experience to execute. It's that simple. Former CFO of PayPal and BlueRun Ventures to Join CommerceTel Board of Directors, Chair Audit Committee SAN DIEGO, CA--(Marketwire - Nov 29, 2011) - CommerceTel Corporation (OTCBB: MFON), an award-winning provider of proprietary mobile marketing technologies and solutions, is pleased to announce David Jaques has agreed to join to its Board of Directors and serve as Chair of the Company's Audit Committee. Jaques' appointment will begin December 1st, 2011. For the last two decades, David has provided financial expertise to private equity firms, startup companies and financial institutions. David was the CFO for BlueRun Ventures, the former venture fund of Nokia Corporation, where he created the financial and administrative infrastructure for the venture capital partnership. Under his leadership, assets under management increased from $150 million to $1 billion in six years. Prior to BlueRun, David was the CFO of PayPal. There, he established the company's financial planning and accounting processes, was instrumental in raising three rounds of private equity financing totaling $140 million, and coordinated the merger of PayPal, Inc. with X.com Corporation which resulted in a $680 million valuation. "My career in and around Silicon Valley has exposed me to the epicenter of the technology industry, and the rapid evolution of the mobile industry is unprecedented," stated Mr. Jaques. "CommerceTel's unique technology, strategy, and execution have attracted my participation at a material level and I'm very excited to leverage my background in supporting the Company's exciting growth." "Attracting a Director of David's caliber to lead the financial oversight of our Company at the Board level is a big testament to our growing success," said Dennis Becker, CommerceTel CEO. "Mr. Jaques' experience speaks for itself, and his participation on our Board exemplifies our goal of implementing world class leadership at all levels of our organization." Before PayPal, David was a Senior VP at Silicon Valley Bank, and held various senior positions at Barclays Bank PLC. Mr. Jaques has a Higher National Diploma (HND) in Business Administration from Polytechnic of the South Bank, London, England. He is also an Associate of the Institute of Bankers (United Kingdom) and a member of the Association of Financial Professionals. For more information, please visit http://www.commercetel.com/. About CommerceTel CommerceTel is an award-winning provider of proprietary mobile marketing technologies and the inventor of C4, a unique, enterprise-grade platform empowering brands to engage mobile consumers via multiple channels. The only system of its kind, C4 is a cloud-based solution providing broad mobile communications and extensive CRM features. It is integrated with multiple tier-one PSTN/ IP carriers and micropayment processing facilities as well as with carrier premium SMS billing systems. Safe Harbor This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act"). Statements including words such as "seek," "intend," "believe," "plan," "estimate," "expect," "anticipate" and other similar expressions are forward-looking statements within the meaning of the Act. Some or all of the events or results anticipated by these forward-looking statements may not occur. Factors that could cause or contribute to such differences include the impact of intense competition, the continuation or worsening of current economic conditions and the condition of the domestic and global credit and capital markets as well as the Risk Factors disclosed in the Company's Annual Report on Form 10-K filed with the Securities and Exchange Commission on December 27, 2010. Further information on CommerceTel's risk factors is contained in its filings with the Securities and Exchange Commission. CommerceTel does not undertake any duty nor does it intend to update the results of these forward-looking statements. Contact Information: Company Contact: Dennis Becker CEO CommerceTel Corp. Phone: 619.725.0990 Have an excellent day and I hope it's profitable for you... Cheers!