Quantum Solar Power (OTC: QSPW), Royal Standard Minerals (OTC: RYSMF) and SCOLR Pharma (OTC: SCLR) have all issued press releases this week toting various corporate achievements or news. Specifically, QSPW announced that they have hired a PR shop to promote itself, RYSMF secured a bridge loan agreement and SCLR has finished diluting existing shareholders with a private placement (giving the company a reprieve – at least for now). And while there is nothing wrong with a bit of corporate self promotion, investors need to remember that small cap OTCBB traded stocks like QSPW, RYSMF and SCLR can make substantial moves based on just one press releases alone. Hence, here is a closer look at the QSPW, RYSMF and SCLR and their recent “news”:

Quantum Solar Power (OTC: QSPW) Hires A PR Shop

Quantum Solar Power, which is developing a “patent-pending Next Generation Device” photovoltaic technology, has announced that it has retained public relations company Vorticom Inc. to increase the company’s media exposure within North America (It should also be noted that in February, QSPW hired a investor relations firm). Under the deal, Quantum Solar Power will pay $5,625 per month plus grant 1,875 warrants every month to purchase shares of QSPW’s common stock at an exercise price of $1.00. Yesterday, Quantum Solar Power closed at $1.09 and has a 52 week trading range of $0.51 to $2.80 a share. What is interesting about Quantum Solar Power are the company’s claims that it is developing a solar cell technology that could change the solar power industry’s dependence on rare earth elements. What is not interesting about Quantum Solar Power is the fact that they have no revenues and losses of $1,286k, $832k, $829k and $516k for each of the last four quarters respectively.

Royal Standard Minerals (OTC: RYSMF) Receives an US$8,000,000 Credit Facility

Royal Standard Minerals, an exploration-stage company that locates, acquires and develops gold and precious metal deposits in Nevada and coal in Kentucky, has entered into a secured bridge loan agreement amounting to $8 million. Yesterday, Royal Standard Minerals rose 23.08% to $0.08 and has a 52 week trading range of $0.05 to $0.13 a share. However, there appears to be no recent financials available for Royal Standard Minerals but at least the bridge loan will not dilute the holdings of existing investors.

SCOLR Pharma (OTC: SCLR) Closes Private Placement

SCOLR Pharma, a specialty pharmaceutical company with multiple private label extended release nutritional products, closed the second and final tranche of a previously-announced private placement consisting of 8% Senior Secured Convertible Debentures. Given that private placements are bad for current investors, SCOLR Pharma fell 20% yesterday to $0.08 and has a 52 week trading range of $0.06 to $0.86 a share. Investors should note that for the 1Q2011, SCOLR Pharma had total revenues rise 11% from $166,000 for 1Q2010 to $184,000 but its net loss increased 16% from $1,051,000 to $1,222,000. However, it was also noted that SCLR had approximately $822,000 in cash and cash equivalents on hand and absent of additional funding, the company would be unable to fund its operations through 2Q2011.

The bottom line: Investors should expect QSPW to have more visibility if the PR shop they hired does its job while RYSMF received funding without diluting existing shareholders and SCLR has received a lifeline but diluted existing shareholders in the process.