RealPennies.com: December 2007

Friday, December 28, 2007

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Aventura Holdings, Inc. (OTCBB: AVNT) (Thu, December 27, 2007, 7:01am ET) Aventura Holdings, Inc. announces today the acquisition of technology and marketing rights for an IPTV solution for broadcasters and content providers from IPWebTV, Inc., a Delaware Corporation.

Craig A. Waltzer, Chief Executive Officer for Aventura, said, ''The IPTV broadcast technology acquired by Aventura from IPWebTV, Inc. (Delaware) is the first strategic purchase towards the Company's future direction. Aventura plans to capitalize on its new property by marketing custom infrastructure solutions to Internet Service Providers ('ISP') and Content Service Providers ('CSP'). Aventura will operate the business under a newly formed wholly-owned subsidiary IPWebTV, Inc., a Florida Corporation.''

Waltzer stated, ''The market for IPTV solutions is in its infancy and the market has caught the eye of Information Technology industry leaders. The bellwethers such as Cisco, Microsoft, Alcatel and Motorola have all launched product offerings on the hardware, software or solution side of the equation.''

Waltzer further stated, ''According to an Infonetics Research report, worldwide subscribers are predicted to swell to 53 million by 2009 with service providers investing rapidly on IPTV content and transport equipment. The Infonetics report projects in 2009, $26 billion in capex expenditures for IPTV infrastructure.''

Waltzer concluded: ''The Company anticipates immediately generating revenues as it has a ready-for-market solution. At the early stages, sales of the product shall focus on back-end operations, by providing testing and verification hardware and software solutions to broadcasters and carriers in the IPTV space. We believe that this niche market provides several unique opportunities for Aventura to grow out the business model. The Company will continue to seek out strategic opportunities domestically and abroad and team with other industry leaders to build on its newest platform of product offerings and expand that research to include content delivery systems.''

The purchase price for the transaction is five hundred (500) Shares of Non-Voting Convertible $0.001 Par Value Preferred Stock (the ''Preferred Stock'') of the Company. The Preferred Stock is convertible into 500 Million Shares of the Company's Common Stock.

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Platina Energy Group, Inc. (OTCBB: PLTG) (Thu, December 27, 2007, 9:00am ET) Platina Energy Group, Inc. reports, since early 2007, estimated proven oil reserves held by Platina have almost doubled in value. Platina's combined reserves now reflect potential appreciation by more than 35% for the year exclusive of recent acquisitions. This translates into reserve estimates exceeding $3 per share.

According to Blair Merriam, "It will be up to the market place and shareholders to determine the hidden potential of the Company's value and to make informed investment decisions."

As reported by the Wall St Journal on Saturday, "Oil-price prognosticators, bruised after an unusually volatile spell in the oil patch, have reached a rough consensus on next year: Oil will be even costlier, even if the economy cools.

"Consumers are likely to pay a lot more at the pump, too. The Energy Department predicts that far higher average oil prices will force gasoline prices to even out at $3.11 next year, up 10%... "

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Empire Film Group, Inc. (Pink Sheets: EFGU) (Thu, December 27, 2007, 6:00am ET) Empire Film Group, Inc. reports strong response from mass merchants and video retailers for the slate of new release DVDs from Empire Home Entertainment. Retailers supporting the first quarter titles include Best Buy, Borders, Costco, Target and Wal-Mart, along with many thousands of independently owned and operated video specialty retailers.

"We are encouraged by the strong response from the retail community to our principal first quarter 2008 new releases," said Eric Parkinson, C.E.O. of Empire Home Entertainment and Hannover House. "We are privileged to have a mix of quality DVD titles that meet the stringent and competitive requirements of these key retailers, and feel optimistic for the coming year."

"The Company's acquisition of Hannover House and creation of Empire Home Entertainment is proving to be a viable, successful and strategic decision for Empire Film Group," stated Mr. Dean Hamilton Bornstein, CEO of Empire Film Group, Inc. "We are encouraged by the retail support the Company is receiving for its first quarter 2008 releases."

Principal new DVD releases on the Empire Home Entertainment label include "Come Away Home," an award-winning theatrical release starring Lea Thompson ("Back to the Future") and Thomas Gibson ("Dharma & Greg"); "The Hilarious Saints of Comedy," an urban-gospel themed comedy program starring Chucky Jenkins and comedians from Black Entertainment Television; "Teen Yoga," an instructional-exercise and lifestyle program starring Miss Teen USA (2005), Allie LaForce; "The Fun Park," a sci-fi / horror thriller about teens stalked by a killer clown; and "Fat Rose & Squeaky," a Showtime premiere feature starring Academy Award winner Louise Fletcher and Emmy winner Cicely Tyson.

Empire Home Entertainment also reports strong retailer support for re-priced catalog DVDs including: "Grand Champion," a family-adventure with Emma Roberts, Julia Roberts and Bruce Willis; "Animal Clinic," an original feature from Animal Planet Television starring Ione Skye and Mike Farrell; and "Ambrose Bierce: Civil War Stories," an action-drama starring Campbell Scott and Vivian Schilling.

The Empire Home Entertainment catalog consists of more than 100 film, DVD and book titles from the recent acquisition of Hannover House by parent company, Empire Film Group, Inc.

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Signature Devices, Inc. (Pink Sheets: SDVI) (December 27, 2007, 2:05pm ET) Signature Devices, Inc., Chief Executive Officer Kenneth Hurley recently bought 1.3 million shares of the company in open market purchases. This brings his total common stock holdings in Signature Devices, Inc. to 23,785,532 shares.

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Investors are advised that this analysis is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy. This report does not have regard to the specific investment objectives, financial situation and the particular needs of any specific person who may receive this information. The information contained herein is based on sources that we believe to be reliable but is not guaranteed by us as being accurate and does not purport to be a complete statement or summary of the available data. Past performance is no guarantee of future results. Please consult a broker before purchasing or selling any securities mentioned on RealPennies. For more movers: http://www.realpennies.com/wrapup.html

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Thursday, December 20, 2007

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Novelos Therapeutics, Inc. (OTCBB: NVLT) (December 19, 2007, 4:00pm ET) Novelos Therapeutics, Inc., a biopharmaceutical company focused on the development of therapeutics to treat cancer and hepatitis, today announced that Novelos signed an exclusive license agreement with Lee's Pharmaceutical (HK) Ltd (which is 30% owned by Sigma-Tau Group through Defiante Farmaceutica Lda) to develop and commercialize in China, including Hong Kong and Macau, as well as in Taiwan, two of Novelos' compounds: NOV-002 for cancer and NOV-205 for hepatitis. NOV-002 is Novelos' lead compound in pivotal Phase 3 trial for non-small cell lung cancer under a Special Protocol Assessment (SPA) and Fast Track.

Lee's Pharmaceutical ("Lee's Pharm") will be responsible for the cost of all clinical development, regulatory submissions and commercialization of NOV-002 and NOV-205 in China. In addition to upfront and milestone payments, Novelos will receive 20-25% royalties from Lee's Pharm on net sales of NOV-002 and 12-15% royalties on net sales of NOV-205.

"I am very pleased to be collaborating with Lee's Pharm, a vibrant public company that has a proven track record of developmental and commercialization expertise in China," said Harry Palmin, President and CEO of Novelos. "The significant royalties allow Novelos greater participation in China's rapidly growing marketplace, particularly in critical disease areas of cancer and hepatitis. This deal also marks the commencement of Novelos' ex-US partnering initiative."

"We are excited about the opportunity to work with Novelos on its two exciting compounds NOV-002 and NOV-205," said Dr. Benjamin Li, CEO of Lee's Pharm. "With over 1.7 million people being diagnosed with cancer each year and over 120 million people being infected with hepatitis B virus, both cancer and hepatitis B are major health problems facing China today. Better treatment options are badly needed in those areas and the market potential for innovative and effective treatment will be enormous."

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Telemedicus, Inc. (Pink Sheets: TMDI) (December 19, 2007, 8:00am ET) Telemedicus, Inc. will begin final testing of its technology for fixed/remote and ambulance based systems in anticipation of market launch in early 2008.

"This is a big milestone for the company as we commercialize this exciting technology. We have completed the base model and unit configurations, and we can now add peripherals to the base system for customers who want more features. Because the systems are modular, Telemedicus can launch multiple platforms and support them in the field," said Thomas Cloud, CEO of Telemedicus.

Telemedicus' Disaster Relief and Emergency Medical Services DREAMS technology turns practically any ambulance or medical transportation vehicle into a mobile trauma center. The doctor is able to provide treatment immediately through the medical technician because the doctor can see the patient and diagnostic data through the Telemedicus system.

The design and development of the next generation of this life saving technology will be completed by Texas A&M, the original developers of the DREAMS technology. The next generation of medical technology is coming to your neighborhood where a patient will be treated through the Telemedicus DREAMS technology.

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GoldSpring, Inc. (OTCBB: GSPG) ( December 19, 2007, 2:52pm ET) GoldSpring, Inc. announced that it has entered into an agreement with Orbit Garant Drilling, Inc., one of the largest drilling companies in North America, to perform exploration and developmental drilling at its Comstock Lode Project. The drill rig and crew are scheduled to arrive today, and the Company expects drilling to commence this week.

GoldSpring's COO, James Golden, said, "During the past several months we have been studying the geological data of the Comstock District and delineating ore bodies to determine the most advantageous drilling strategy. The results of our study allowed us to develop a drilling program which is anticipated to increase our mineral reserves and provide the necessary data to complete our mine plan and reserve report for the Hartford Complex. Our Phase 1 Drilling program is the next step in our preparatory plan for mining operation resumption in 2008."

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Dixie Lee International Industries, Inc. (Pink Sheets: DLII) Dixie Lee International Industries, Inc., parent company of the 40 year old "Dixie Lee" brand name, with more than 80 franchised restaurants open, announced today that it will soon offer a line of healthy pasta dishes to complement its current line of salads.

The six pasta product lines have been developed in such a way that the speed of service will not be compromised. Dave Silvester, Executive Vice President, stated, "The added line up will give our consumers an additional choice of healthier products and will complement the current salad lines that we offer in all Dixie Lee Chicken Restaurants currently."

The lines to be added include Chicken Alfredo with (low calorie) cream sauce, Lasagna Florentine with Spinach, Chicken Parmesan and Spaghetti with Meatballs. "And with cold weather settling in, our folks will appreciate these 'hot' new entrees," said Silvester. "We've been monitoring the growth in popularity of Italian (pasta) dishes for some time, and now's the right time for Dixie Lee to dish it up."

This new lineup will be backed up with a custom mail out campaign, supported with in-house Point of Sale (POS) materials.

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Magellan Energy Ltd. (Pink Sheets: MGLG) (December 19, 2007, 8:30am ET) Magellan Energy Ltd., an independent oil and gas company, announced today that it is selling natural gas from wells on the Thomas D. Martin project in Morgan County, Tennessee in which it holds a 20% working interest. The operators for these wells, TMD Energy Inc., stated that the Citizens Gas Utility District have recently reconfigured the gas pipelines to allow gas from the wells to enter its system. A compressor has also been installed to increase production volume.

Magellan Energy is pleased to announce that the Martin lease is a mature producing oil and gas property that is being prepared for waterflooding. This ongoing project with TMD Energy Inc. will take some time to complete but with the newly installed compressor we will have increased gas production and revenue for Magellan Energy Ltd. The water flood project must still be subject to further research, geological surveys and studies to be properly executed. Until such time is determined, the wells will continue to operate at their new capacity, generating revenue with the new lines.

Magellan Energy's President, Mr. Akrivos, said, "We are very pleased at the progress that has been made up to date on the Martin project which will take some time to properly execute. TMD Energy Inc. has done an excellent job ensuring the wells maintain production and we are extremely happy to be working with them. This is our company's second successful project in Tennessee, thus establishing Magellan as a reputable, revenue-producing company in the oil and gas industry. In addition, we are in the final stages of developing a third project in Tennessee, which will be announced in the near future."

About Magellan Energy: Magellan Energy is a publicly traded independent oil and gas company. The company is actively acquiring oil and gas leases, producing properties, mineral rights, and surface interests in Tennessee and Oklahoma. Once acquired, the company intends to develop each property to maximize the income from each property by re-establishing production, refurbishing and improving the existing production and operations.

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Deep Down, Inc. (OTCBB: DPDW) (December 19, 2007, 12:24pm ET) Deep Down, Inc. announced that it has signed a definitive purchase agreement to purchase Mako Technologies, Inc. ("Mako"). Headquartered in Morgan City, Louisiana, Mako serves the growing offshore petroleum and marine industries with technical support services, and products vital to offshore petroleum production, through rentals of its remotely operated vehicles (ROV), topside and subsea equipment, and diving support systems used in diving operations, maintenance and repair operations, offshore construction, and environmental/marine surveys.

"The total cost of acquiring Mako is a maximum of $5.0 million in cash and 11,269,841 shares of common stock of Deep Down based on Mako management's expectation of $2,400,000 in earnings before depreciation, interest, amortization, taxes and other non-cash charges ("EBITDA"), after also adjusting for certain non-recurring expenses, for the fiscal year ending December 31, 2007. As part of this acquisition, Deep Down will also pay off approximately $800,000 in Mako bank debt. The first installment of $2,916,667 in cash and 6,574,074 shares of common stock of Deep Down is expected to be paid at closing within the next few days, and the balance of up to $2,083,333 in cash and 4,695,767 shares of common stock of Deep Down will be paid upon completion of an audit to verify adjusted EBITDA expectations for the fiscal year ending December 31, 2007," commented Robert E. Chamberlain, Jr., Deep Down's Chairman.

"We are very pleased to have signed the acquisition agreement with Mako, and believe this non-dilutive transaction is extremely beneficial for Deep Down and our shareholders as we continue to add products and services to our portfolio of capabilities," commented Ron E. Smith, Deep Down's President and CEO. "We believe we can significantly enhance Mako's current annual revenue base of approximately $6.8 million by expanding the equipment rental pool and ROV fleet."

"An expansion of the ROV fleet can yield benefits beyond increased rental income, including increased service revenue from two and three man ROV operating crews and the opportunity to sell additional launch and retrieval systems ("LARS"). Prospect Capital Corporation is providing $6,000,000 in debt to fund the cash requirements and expenses associated with this transaction. Terms are substantially the same as those in the initial borrowing that was concluded in August 2007," said Eugene L. Butler, Deep Down's CFO.

"With Deep Down's relationships and access to capital, we foresee the ability to expand our ROV fleet and take advantage of our customers' growing need for both planned and "emergency" offshore rental equipment in support of their growing level of oil and gas exploration occurring in the Gulf of Mexico. We also plan to expand our operations internationally," commented Jacob Marcell, Mako Technologies' chief executive officer.

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ROO Group (OTCBB: RGRP) (December 19, 2007, 7:00am ET) ROO Group announced today that the company has entered into an Executive Management Agreement with KIT Capital pursuant to which it has agreed to appoint Kaleil Isaza Tuzman as Chairman and Chief Executive Officer commencing on January 9th, 2008. Mr. Isaza Tuzman will succeed Robert Petty, who will retain the office of Vice-Chairman of the Board of Directors and Founder.

Mr. Isaza Tuzman, 36, is currently the President and Chief Operating Officer of JumpTV Inc. (TSX, AIM: JTV) where he is responsible for managing the Company's day-to-day operations including global business development, sales, marketing, network operations and product development. As previously announced, he will be stepping down from his operating position at JumpTV on or before January 8th, 2008, but will remain on the board of that company.

ROO also announced that four independent members of the company's board of directors -- Simon Bax, Stephen Palley, Scott Ackerman and Doug Chertok -- have resigned. The Company's Board of Directors is expected to appoint Isaza Tuzman as a Director and the Chairman of the Board of Directors. Upon Mr. Isaza Tuzman's appointment, the Board will consist of three directors which will include current board members Robert Petty and Robin Smyth, Executive Director. In accordance with the terms of an Executive Management Agreement, Isaza Tuzman will have the right to appoint up to four new independent board members to fill vacancies on the Board of Directors, subject to shareholder approval. Isaza Tuzman, is also investing in the Company through an affiliated entity.

Mr. Isaza Tuzman has been brought on to rationalize the existing business and position ROO to become the leader in IPTV infrastructure services-through both organic growth and strategic acquisition. The company is already one of the leading distribution platforms in the online media space and is the premier solution for IP-based Video-on-Demand. The ROO Video Network is watched by millions of viewers and supported by a wide-range of premium advertisers.

"We are very pleased to welcome Kaleil as our new CEO," said Robert Petty, Chairman of ROO. "Kaleil brings the experience and insight needed to lead us through this next stage of growth. He has a proven record of helping companies achieve their fullest potential and we are confident that his deep knowledge of our sector, operational discipline and leadership skills will enable us to generate value for our shareholders."

Mr. Isaza Tuzman stated, "ROO is at an inflection point in its development. The massive growth in the demand for high-value, IP video content, coupled with the need for leading edge platform provisioning puts this company in a very enviable position. I believe that with greater emphasis on exclusive content, TV broadcaster relationships and the best quality distribution tools, ROO will become the leading player in the provisioning of video over the Internet. In my view, a focused B2B strategy is what is needed to build a profitable company in the sector. ROO's commitment to this path -- coupled with our shared vision of potential industry consolidation -- has been critical to my decision to invest in and manage the company."

As part of the strategic realignment, ROO also announced today that it has completed a recent reduction of 21% of its workforce. This decision reflects the substantial completion of ROO's platform and automated distribution tools, which have made the company more efficient and reduced staffing needs.

"ROO has now entered a new phase of development," said Robert Petty, Chairman of ROO. "We have substantially automated our operations, allowing us to function as a leaner, more effective company."

Mr. Petty concluded, "I would like to thank our independent board members for their contributions to our organization. As a result of their guidance, we are now a stronger, more efficient company."

As part of the Executive Management Agreement, KIT Capital Ltd., an entity controlled by Kaleil Isaza Tuzman, has been granted the right to purchase up to 51% of the preferred class of shares in the Company at US$0.38 per share. KIT Capital has the option to invest up to US$5 million in common shares of the Company at US$0.16 per share, a 15% premium to the closing price yesterday, December 18th, 2007.

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bioMETRX, Inc. (OTCBB: BMRX) (December 19, 2007, 7:30am ET) AuthenTec, Inc. (Nasdaq: AUTH), the world's leading provider of fingerprint sensors and solutions, and bioMETRX, Inc., a leading provider of biometrically secured consumer products, jointly announced today that bioMETRX has incorporated AuthenTec's AES2510 sensor into its smartTOUCH(TM) product line. bioMETRX's first product, the Master Lock smartTOUCH(TM) garage door opener (GDO), has broken the "under $100.00" retail barrier, a first for any consumer access product featuring AuthenTec's sensor.

The smartTOUCH GDO(TM), sold as the Master Lock smartTOUCH GDO(TM), retails for $97.00 and can be purchased at The Home Depot stores nationwide.

"We are delighted that bioMETRX has selected an AuthenTec sensor as an integral part of its proprietary architecture and mission to design and deliver cost effective, quality consumer biometric products. bioMETRX products simplify the lives of consumers by eliminating the need to remember PIN codes or fumble with keys when opening a door," said Larry Ciaccia, AuthenTec President. "The smartTOUCH GDO(TM) is another great example of the growing adoption of fingerprint sensors in mainstream consumer products that leverage the convenient security of our TruePrint -based fingerprint sensors."

"Our company has spent years researching and testing all of the competing fingerprint sensors to determine which one provides the most reliability and cost efficiency for a consumer based product," commented Mark Basile, Chief Executive Officer for bioMETRX, Inc. "Based on our findings, we selected AuthenTec's AES2510 slide sensor, which has been engineered into our proprietary smartTOUCH(TM) product architecture, and we have experienced very positive feedback from end users."

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Shares of China Organic Agriculture, Inc. (OTCBB: CNOA)(December 17, 2007)announced that Changqing Xu, was appointed as the new Chief Executive Officer of China Organic Agriculture on December 6th. The Company has been under the oversight of Huizhi Xiao, Chairman for the last several months. New CEO Changqing Xu will add to the already strong leadership of the Company. Mr. Xu, MBA has 15 years of experience in management, and 5 years of senior level management overseas. Mr. Xu held positions such as CEO, COO, market manager and supervisor specializing in asset and resource restructuring as well as overseas expansion.

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Germany's biggest airline, Deutsche Lufthansa AG, said Thursday that it is paying $300 million for a 19 percent stake in JetBlue Airways Corp. (NYSE: JBLU)(December 17, 2007) whose stock has lost about two thirds of its value since an operational meltdown last Valentine's Day. The move, which could be a precursor to an eventual takeover if U.S. laws are changed, comes as the euro has risen significantly against the dollar, making U.S. companies seem like bargains for European buyers. The cash would provide a welcome infusion for New York-based JetBlue which has been struggling. JetBlue CEO Dave Barger called the deal a "significant endorsement of JetBlue's franchise from one of the most respected leaders in global aviation."

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Lehman Brothers Holdings Inc. (NYSE: LEH)(December 17, 2007) reported its third straight quarter of losses on Thursday, due to further turmoil in global credit markets, but the company managed to offset most of its problems and easily beat Wall Street expectations. Lehman, the largest U.S. underwriter of mortgage-backed bonds, relied on a strong performance from its equities business to sidestep losses stemming from the subprime mortgage collapse. The New York-based investment house was able to offset most of a $3.5 billion writedown with transactions designed to curtail its losses.

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Dec. 13, 2007 -- Rupert Murdoch's $5 billion-plus bid for Dow Jones & Co. (NYSE: DJ), publisher of The Wall Street Journal, cleared its final hurdle Thursday as shareholders of the financial publishing company gave their approval, setting up the deal to close later in the day. The changeover is sure to bring significant changes to the Journal, starting with a new management team that was announced late last week. Longtime News Corp. (NYSE: NWS) publishing executive Les Hinton will be chief executive, while Robert Thomson, editor of Murdoch's The Times newspaper in London, will be publisher. Several Dow Jones executives are departing, including CEO Richard Zannino. Dow Jones held the shareholder vote in a hotel in the financial district of lower Manhattan, near its headquarters. The meeting was attended by a number of Dow Jones executives and employees as well as several members of the Bancroft family.

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Steadfast Holdings Group, Inc. (OTC: STHG) (December 17, 2007)announced a major sales surge in the fourth quarter of 2007. Sales in the first three weeks of our fourth quarter have exceeded the total for the fourth quarter in 2006. This follows a 46% increase in sales in our third quarter over the same period in 2006.

4th Quarter projections should reflect an overall increase of 600% in revenue over the 4th Qtr. 2006. This is due in part to: 1) Overall increase in sales, 2) a full Quarter of sales in the 2nd CT location, and 3) a franchise sale of the 1st of five Florida locations.

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SIRIUS Satellite Radio (Nasdaq: SIRI)(December 17, 2007), announced that it will devote an entire channel - Bing Crosby Christmas Radio - to classic Bing Crosby radio broadcasts from the personal vault of Bing Crosby, one of America's most beloved entertainers of all time and a star synonymous with classic holiday entertainment.

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Secured Digital Applications Inc (OTCBB: SDGL)(December 17, 2007) a provider of business process outsourcing services and systems integrator for Radio Frequency Identification (RFID) and Global Positioning System (GPS) enabled tracking applications, announced yesterday that the company has been awarded a USD2.825m by a logistics operator in Guangdong, China. Under the contract, the company will install and maintain a real-time GPS fleet tracking management system for 1100 trucks owned by the operator.

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Comcast Corp CL A (NASDAQ: CMCSA)(December 17, 2007) announced they joined with Governor John Lynch, Attorney General Kelley Ayotte and other members of New Hampshire's law enforcement community to lend its support to legislation proposed by the Governor regarding online crimes and offenses.

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International Power Group Egypt, Ltd.(OTCBB: IPWG)(December 17, 2007) yesterday announced completion of Hazardous Waste Study commissioned in August 2007 after the signing of the Memorandum of Understanding and Cooperation Protocol Agreement with the Egyptian Ministry of State for Environmental Affairs.
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Yahoo! Inc. (Nasdaq: YHOO)(December 17, 2007) a leading global Internet company, yesterday announced that it has become a platinum sponsor of The Apache Software Foundation (ASF). Continuing its dedication to open and collaborative computing and research, Yahoo!'s financial sponsorship of the non-profit, volunteer-run foundation will help provide much needed working capital, hardware infrastructure, and support resources required to serve the ASF's industry-defining projects and incubating initiatives.

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(PINKSHEETS: DMHN), (OTCBB: SVSN), (PINKSHEETS: AUCI), (Pink Sheets: SLND).

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Dynamic Media Holdings, Inc. (PINKSHEETS: DMHN) (December 17, 2007) announced that it has been granted Pink Sheets Current Information status according to the www.pinksheets.com OTC Market Tiers ranking system. By doing so Dynamic Media Holdings, Inc. wishes to keep all current and future shareholders informed and updated as to its latest developments as well as any submitted filings.

Reporting companies that submit filings to regulators with powers of review and that make the filings publicly available or non-reporting companies that make current information publicly available on the Pink Sheets News Service pursuant to Pink Sheets Guidelines for Providing Adequate Current Information (www.pinksheets.com). The Current Information category is based on the level of disclosure and is not a designation of quality or investment risk. This category includes shell or development stage companies with little or no operations as well as companies without audited financials and as such should be considered extremely speculative by investors.

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StereoVision Entertainment, Inc. (OTCBB: SVSN)(December 17, 2007) a film production company focused exclusively on developing low cost, high-quality, polarized 3-D feature films, announced that a multimillion dollar, three picture distribution agreement has been made with Capitol Films Limited.

StereoVision's founder and Chief Executive Office Jack Honour stated: "We're very pleased to have the opportunity to work with David Bergstein and Capitol Films. David has gone the extra mile in providing StereoVision with this valuable opportunity. Having a quality distributor like Capitol Films in place allows us to negotiate the best possible terms for the financing of StereoVision's slate of movies."

Capitol Films Chairman David Bergstein added: "We believe the timing is perfect to exploit StereoVision's theatrical 3-D movie model. There is going to be an exponentially growing demand for theatrical 3-D movie content, and we're happy to work with StereoVision towards their becoming a leading supplier of that content."

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Auctions International Inc. (OTC: AUCI)(December 17, 2007), a technology company that owns and markets proprietary software to enable real time online auctions of virtually any product or commodity for use by the wholesale market, issued a statement from President and CEO Doug Mann regarding volume and price change in its common stock, "No material changes in the Company or management would warrant an increase in trading volume or the sudden drop in share price that occurred on December 10th." Mann explains, "The selling pressure may have been caused by a confusion between our Company and Auctioncities.com, with whom we have no affiliation. Coincidentally, Auctioncities.com is also in the auctions business and trades on the pink sheets under the stock symbol AUCC, just one letter off from ours. Auctioncities.com indicated it would effect a 1-for-1000 reverse split on otcbb.com yesterday, and that this split would be effective today. We want to clarify we are unrelated companies to those who may have mistaken us for this company.

"Management would like to ensure shareholders that Auctions International Inc. is moving in a very positive direction. With our technology model, AUCI lets people sell, buy and advertise in real-time to close transactions quickly to take advantage of economic conditions, particularly the strong Canadian dollar, which is opening up new business opportunities in the U.S. Auctions International has completed extensive dealer testing of AutoBidLive and is now ready to take every dealer in North America live on the system. 2007 marked our entry into the commercialization phase of our technology platform, and management is very optimistic that 2008 will be a tremendous year of growth and increased shareholder value."

For more info: http://slnd.realpennies.com

Solar Night Industries (PINKSHEETS: SLND)(December 17, 2007), a renewable energy company formed to accelerate the adoption of Modern Energy Solutions, issued a corporate update.

Solar Night Industries, Inc. is a national Modern Energy Company that enables residential and commercial energy users to implement cost-effective, renewable energy solutions that help them reduce their dependence on traditional energy sources, reducing CO2 emissions. Solar Night Industries, Inc. is based in St. Louis, Missouri (USA).

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RealPennies.com: Turning Pennies into dollars: (OTCBB: EXCS), (OTCBB: SCEY), (Pink Sheets: DLII), (OTCBB: FEEC).

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Execute Sports Inc. (OTCBB: EXCS ) (December 17, 2007) a company engaged in the design, manufacturing and sale of water sports products, today announced that its marketing agent, Challenger Powerboats Inc., has received orders for Execute's Sugar Sand line of boats totaling 114 boats or $2.4 million.

The orders were generated as a result of a dealer meeting organized by Challenger, which is an annual event, during which boat manufacturers display their new models to dealers and, normally, generate approximately 30 to 35 percent of annual sales. Sugar Sand boats, as well as Challenger's performance series line and tow boat line, were demonstrated during the two day event.

Execute's Sugar Sand line of jet driven boats use the same propulsion techniques as jet fighters. The boats range from the 14 foot Sting model to the 23 foot Oasis model, and are all designed for extreme water sports, speed or just leisure cruising. The boats can be used in shallow waterways and are highly maneuverable, bringing their sports capabilities to the extreme. In addition to the Sting and the Oasis, Execute's Sugar Sand line of boats also includes the Tango Xtreme and the Tango Super Sport (both 16.5 feet), the Mirage and Mirage Fun and Fish (both 18 feet), and the Calais (19.5 feet).

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Sun Cal Energy Inc. (OTCBB: SCEY) (December 17, 2007) an energy exploration company focused in the Southern San Joaquin Valley of California, the Anadarko Basin of Oklahoma, the Breton Sound of Louisiana and Green River Basin of Wyoming is pleased to announce that it has received a preliminary analysis and reserve estimate from Heinz Geophysical Consulting for the South East Jonah Area, Sublette County, Wyoming.

Sun Cal Energy Inc. has a 100% working interest in 6,000 acres of leases in the Jonah Field region of Wyoming - the second largest proven gas reserve in the United States. Sun Cal's Prospects are identified as South Jonah, which consists of 2,477.68 acres and West Jonah, consisting of 3,546.89 acres. Most of the surrounding acreage is currently held by EnCana and Yates Petroleum, with BP and Chevron/Texaco also holding significant positions. In a recent auction of 1,280 acres approximately 5 miles to the Northeast, leases yielded $3,300/ acre.

According to the Petroleum Association of Wyoming, of the 3,243 wells drilled and completed in 2006, 166, or 5.1% found oil, 3,009 or 92.8% found gas, and only 68 or 2.1% were dry holes. Sublette County, the largest natural gas producer in the state, contains Sun Cal's Jonah Prospects.
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Dixie Lee International Industries, Inc. (Pink Sheets: DLII ) (December 17, 2007) parent company of the 40-year-old "Dixie Lee" brand name, with more than 80 franchised restaurants open, announced today that its international expansion campaign is moving into the Ukrainian market.

The company's franchisee, Olgoria Holdings Ltd., the Ukrainian Master Franchisee for the Dixie Lee Chicken & Seafood Restaurant chain, plans to open 20 to 25 units in the next five years. The first of many restaurants planned for the city of Kiev, will open in January 2008, with the second store under development.

Joe Murano, CEO of Dixie Lee International, said, "The situation and timing are ideal to kick-off our European expansion effort. The economic growth that the Ukraine has recorded in recent years has sent personal income, especially within the middle class, skyrocketing. As people earn more disposable income they spend more money going out to eat and socializing with friends and family, so our potential in the market is virtually wide open.

"We plan to open an average of two new Restaurants per week system-wide, as we aim to establish a recognized global brand with our goal of 300 Restaurants awarded within the next few years."

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Far East Energy Corporation (OTCBB: FEEC) (December 17, 2007) announced that a routine Operations Update presentation will be held on December 19, 2007 at 10:00 am central time. Chief Executive Officer Michael R. McElwrath will be joined for this presentation by Garry Ward, Senior Vice President, Engineering and Chief Financial Officer Randall D. Keys. Management will discuss the company's forward drilling plan and technical objectives.

Far East Energy's operations include the Shouyang and Qinnan Blocks, which make up the 1,057,650 acre (4,280 square kilometers) coalbed methane (CBM) project in Shanxi Province that Far East holds under farmouts from ConocoPhillips. Including its 264,863 acre (1,072 square kilometers) project in Yunnan Province, the CBM concessions of Far East Energy contain a land mass slightly larger than the State of Delaware. The Shanxi properties are strategically located next to China's two largest pipelines leading to the industrial centers of Shanghai and Beijing.

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Southwall Technologies, Inc. (OTCBB: SWTX), Majesco Entertainment Company (NASD: COOL), CardioVascular BioTherapeutics (OTCBB: CVBT), North-West Oil Group Inc. (OTC: NWOL)

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SOUTHWALL TECHNOLOGIES (OTCBB: SWTX) "Up 18.64% in morning trading"

Southwall Technologies, Inc. develops, manufactures, and markets thin film coatings on flexible substrates for the automotive glass, electronic display, architectural glass, and window film markets. It develops various products that control sunlight in automotive glass, reduce light reflection, reduce electromagnetic radiation and improve image quality in electronic display products, and conserve energy via the application of architectural and after-market window film products. The company's products consist of transparent solar-control films for automotive glass; anti-reflective films for computer screens, including flat panel displays, plasma displays, and reflective films for back-lighting in liquid crystal displays; transparent conductive films for use in touch screen and plasma panel displays; energy control films for architectural glass; and various other coatings. It sells its products to original equipment manufacturers in North America, Europe, the Middle East, and Asia through direct sales force and sales representatives. The company was incorporated in 1979 and is headquartered in Palo Alto, California.

SWTX News:

December 7 - Southwall's Heat Mirror Insulating Glass Achieves Insulation Value of R-20/U-0.05 Equal to the Insulation of a Solid Wall

Southwall Technologies, Inc. (OTCBB: SWTX), the worldwide innovator of high performance, energy-saving films and glass products, announced that the ability of Heat Mirror insulating glass to insulate against heat loss at a record breaking R-20/U-0.05 insulation value.

R-20 Heat Mirror insulating glass consists of three heat reflective coated films mounted inside an insulating glass unit between two pieces of low-e coated glass. This super insulating glass construction creates four heat-impeding gas-filled cavities and achieves R-20 performance when used in conjunction with a thermally insulated fiberglass frame. Heat Mirror R-20 is a product of Alpen Energy Systems, a leading Southwall customer licensed to fabricate Heat Mirror insulating glass.

"This astounding achievement in energy efficiency is a tribute to the collaborative team effort of Southwall and its window and insulating glass customers who jointly push the envelope in enhancing the performance and value of Heat Mirror technology," said John Meade, Southwall's Director of Business Development

Superior to any low-e glass currently available, Heat Mirror is a technologically advanced low emissivity and solar reflective film that can be mounted inside an insulating glass unit in a variety of configurations (one, two or three coated films, uncoated or low-e coated glass) to provide energy conservation performance ranging from R-6 to R-20 to meet the unique requirements of commercial and residential new construction and renovation projects.

Heat Mirror is the technological alternative to coated glass that extends performance well beyond that of generic low-e glass available today. Heat Mirror insulating glass, as well as other innovative glass technologies currently under development, is driving the US Department of Energy to revise the glass performance standards of its Energy Star program that rates the energy efficiency of appliances and building components.

Scheduled to debut as early as 2009, revised Energy Star glass performance standards will make clear that generic low-e glass, with a maximum insulating performance level of R-4, no longer represents a level of energy efficiency required to "transform the market", a key charter of the agency's ratings and standards program. Among Energy Star's objectives is increased market penetration of windows achieving insulating performance of R-10 by 2010, an objective readily achieved by Heat Mirror technology today.

Why is increasing the energy efficiency of glass important? According to Chris Mathis, a founding member of the National Fenestration Rating Council (NFRC), which sets standards for window energy efficiency, 64 percent of the 110 million existing homes in the US have single-pane windows. This contributes 25%-35% of the total energy wasted in buildings and 10% of the total carbon emissions in the US annually.

Southwall Technologies, Inc. introduced the world's first low-e coated glass product in 1981, a pioneering technology recognized in 2000 by Popular Science magazine as one of the "Top 100 Inventions of the Millennium." Southwall's Heat Mirror insulating glass units are available from over 50 window and insulating glass manufacturers worldwide.

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MAJESCO ENTERTAINMENT COMPANY (NASD: COOL) "Up 23.34% in morning trading"

Headquartered in Edison, NJ, with an international office based in Bristol, UK, Majesco Entertainment Company is an innovative provider of video games for the mass market, with a focus on publishing video games for leading portable systems and the Wii console. Product highlights include Nancy Drew, Cooking Mama 2: Dinner with Friends and Zoo Hospital for the Nintendo DS and Cooking Mama: Cook Off for the Wii console. More information about Majesco can be found online at www.majescoentertainment.com.

COOL News:

December 6 - Majesco Entertainment Names Jesse Sutton Chief Executive Officer

Majesco Entertainment Company (NASD: COOL), an innovative provider of video games for the mass market, appointed Jesse Sutton as its chief executive officer and Allan Grafman as its non-executive chairman of the board.

"As CEO, I will continue to guide Majesco into its next phase of growth by exploring new avenues in the digital entertainment market," said Jesse. "Most recently, we launched Majesco Studios, which enables us to leverage our technical and design expertise to specifically focus on products and titles targeting the casual gamer. We're excited about the opportunities that will result from this initiative and believe this move furthers our ability to build the same or better product as we do externally with similar or reduced costs. In addition, we are fortunate to announce that Allan Grafman has assumed the role of non-executive chairman of the board. His extensive knowledge of mass market entertainment franchises and the growing interactive media space will help guide the execution of the company's strategic goals."

"The board wants to thank Jesse for his strategic leadership and direction over the past 16 months," said Grafman. "In addition to driving the mass market strategy, Jesse has led expense reductions, financings and multiple new title releases. We are confident in his ability to aggressively build our business as he focuses on expanding the company's distribution channels and creating partnerships to increase sales."

Sutton, 38, has served as Majesco's interim CEO and a member of the board of directors since August 2006 and as president from 1996 to 2006. He has been involved in overseeing all aspects of the company's operations and has been a key architect of the company's mass market strategy.

Grafman, 54, has served as a member of Majesco's board of directors since April 2007. He is currently the President of All Media Ventures and has been an operating partner of Mercury Capital Partners since 2005. Previously, Grafman served as President of Archie Comics Entertainment and Executive Vice President, Chief Financial Officer of Hallmark Entertainment. From 1983 to 1996, at Tribune Entertainment he served as Vice President and at parent Tribune Company as Managing Director.

CARDIOVASCULAR BIOTHERAPEUTICS (OTCBB: CVBT) "Up 23.61% in morning trading"

For more info: http://cvbt.realpennies.com

CardioVascular BioTherapeutics, Inc., a development stage biopharmaceutical company, focuses on developing and marketing protein drug candidates used in the treatment of cardiovascular disease. The company uses an active pharmaceutical ingredient, the 141 amino acid form of fibroblast growth factor-1, in its drug candidates, which facilitates the growth of new blood vessels in the heart, and other tissues and organs with an impaired vascular system. Its products under development include CVBT-141A, a Phase I clinical trial completed product for use in the treatment of severe coronary heart disease; and CVBT-141B, which is in Phase I clinical trials for the treatment of diabetic, bedridden, and elderly patients suffering from wounds, open sores, and diabetic ulcers. The company also develops CVBT-141C, which has approval for Phase I clinical trials for the treatment of peripheral artery disease. In addition, CardioVascular BioTherapeutics' product portfolio includes CVBT-141D, which is under proof of concept clinical trials stage for the treatment of disc ischemia. Further, it develops CVBT-141E for the treatment of lumbar ischemia and CVBT-141H for the treatment of severe coronary heart disease?injection catheter delivery, which are under pre-clinical research and development stages. The company was founded in 1998 as CardioVascular Genetic Engineering, Inc. and changed its name to CardioVascular BioTherapeutics, Inc. in 2004. CardioVascular BioTherapeutics is headquartered in Las Vegas, Nevada.

CVBT News:

December 5 - Dutton Associates Announces Investment Opinion: CardioVascular BioTherapeutics Maintained at Speculative Buy Rating by Dutton Associates

Dutton Associates continues its coverage of CardioVascular BioTherapeutics (OTCBB: CVBT) maintaining a Speculative Buy rating and a $1.20 target price. The report by Dutton senior analyst Richard West, CFA is available at www.jmdutton.com as well as from First Call, Bloomberg, Zacks, Knobias, Reuters, and other leading financial portals.

There have been several events announced since our research report of April 5, 2007, which impact the current and future investment status, centering on CardioVascular BioTherapeutics' (CardioVascular) progress of its drug candidates through the U.S. Food and Drug Administration (FDA) clinical trial process. In a November 28, 2007 Research Note, we reinstated our rating of Speculative Buy and assigned a 12-month price target of $1.20 per share for Cardio. Recently, CardioVascular announced the completion of its Phase I wound healing FDA clinical trial evaluating the safety and tolerability of its protein-based drug candidate CVBT-141B for dermal wound healing, formulated with human fibroblast growth factor -1 (FGF-1). CardioVascular is making positive progress with its ongoing FDA clinical trials for: severe coronary heart disease - surgical delivery and catheter, wound healing, and peripheral artery disease. In a recent question and answer session on a conference call, Cardio discussed the status of the $15.0 million PIPE that is currently on hold and reaffirmed that Cardio would not sell stock below $1.00 per share. Cardio also indicated that management and members of its board of directors are loaning the Company capital (at 6% interest) to allow the company to weather the current liquidity situation. Finally, they noted that the holder of a convertible note had completed its selling of the converted common stock that had been pressuring the stock down this past year.

NORTH-WEST OIL GROUP (OTC: NWOL) "Up 33.33% in morning trading"

For more info: http://nwol.realpennies.com

Formerly Nord Oil International, North-West Oil Group Inc. is a Russian public oil-producing and oil-distributing company. NWOG is a young, dynamically growing company that offers its services on the oil markets of Moscow, St. Petersburg and other industrial centers of Russia's European region. The company's activity lies in the sphere of oil and gas distribution, production and distribution of oil products and petrochemicals, construction of oil refineries.

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(OTCBB: UVSE), Global Marine Ltd. (OTC: GLBM), H3 Enterprises, Inc. (OTC: HTRE), Laidlaw Energy Group, Inc. (OTC: LLEG), Atlantis Technology Group (OT

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UNIVERSAL ENERGY CORP (OTCBB: UVSE)

Universal Energy Corp. is an energy company engaged in the acquisition and development of crude oil and natural gas leases in the United States and Canada. We pursue oil and gas prospects in partnership with oil and gas companies with exploration, development and production expertise. Our prospect areas consist of lands in Alberta, Canada, Louisiana and Texas. Visit www.universalenergycorp.info for more details.

UVSE News:

December 10 - Universal Energy Corp. Enters Into Main Objective Sandstones at Its East OMG Prospect

Universal Energy Corp. (OTCBB: UVSE), an emerging domestic oil and gas exploration and production company, provided the following update on its East OMG prospect. Drilling operations have reached a vertical depth of 14,564 feet. Universal Energy anticipates that drilling operations will continue for seven more days to reach a total vertical depth of 16,500 feet.

The four objectives in the East OMG prospect are as follows: Upper Miogyp Sandstones and Camerina Sandstones (main); MH-1 & MH-2 (secondary). "We are pleased to announce that analysis of the well logs indicates pay in our secondary targets," commented Billy Raley, CEO of Universal Energy Corp. Raley continued, "Well data has been positive and suggests that we have now entered into the Camerina sandstone. We look forward to entering the Miogyp next week."

The main objective sandstones, Camerina and Miogyp, which comprise the East OMG prospect, have potential reserves in excess of 59 Billion Cubic Feet Equivalent of gas valued at approximately $416,000,000. Universal Energy Corp. holds a 17.5 percent working interest in this prospect.

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GLOBAL MARINE LTD (OTC: GLBM) "Up 81.82% in morning trading"

Global Marine Ltd is recognized for providing new innovations in the oceanographic & maritime arena through the development of new technologies in energy systems which offer significant environmental benefits. Leading-edge technology and projects are selected that offer the Company and its shareholders exceptional growth opportunities. Global Marine Ltd. is currently focusing on the American, Latin and South American marketplaces, where the company has developed long-term relationships and a substantial client base through vertical growth integration and recognized growth opportunities.

GLBM News:

December 7 - Global Marine Ltd. To Become Solaris Energy Corporation

Global Marine Ltd. (OTC: GLBM) President Douglas Beatty is pleased to announce that the Corporation is in the process of negotiating exciting solar energy agreements in Guayaquil, Ecuador.

"We are very pleased with the excellent solar energy opportunities that are available now to our company in South America, especially in Ecuador. Ecuador has the most direct solar energy available, due to its proximity along the equator and, through private placements and joint-ventures, we anticipate developing a mutually-beneficial business in that country, offering innovative alternative-energy solutions. We have had substantive discussions with Ecuadorian interests on a number of promising projects and we are hopeful of a speedy and successful outcome to our proposals", said Mr. Beatty. "Our Corporation is focused on the marketing and implementation of solar energy technologies and cleantech energy solutions and in transforming ourselves into a global-reach, clean-technology corporation", he added. "The estimated global clean energy market will grow from EUR 31bn currently to EUR 130 billion by 2015, and we aim to be a major participant through our initial ventures in South and Central America", continued Mr. Beatty.

To better reflect the evolution of its corporate focus to concentrate on solar and wind-generated, and renewable energy projects, Global Marine Ltd. also announces today that its Board of Directors has unanimously decided to change the Company name to Solaris Energy Corporation (Solaris). Subject to the appropriate regulatory approvals from its state of incorporation in Nevada, the name change will be effective upon receipt of all necessary regulatory approvals, and receipt of a new trading symbol from the NASD.

"The name Solaris Energy Corporation better reflects our business objectives of branded growth, in our key market segments, using new "clean age" technologies for solar and wind power generation", stated Mr. Beatty. "On an ongoing basis, we are presented with many exciting business opportunities in both North & South America, all of which hinge upon the development of new, cost-effective technologies for use in energy systems which offer significant environmental benefits. These systems will definitely play an increasingly important role in expansion of the world's solar and wind energy product pool", he added.

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H3 ENTERPRISES INCORPORATED (OTC: HTRE) "Up 44.12% in morning trading"

H3Enterprises, Inc. owns, creates, licenses, and franchises HipHopSodaShops in the United States. The HipHopSodaShop is a Hip Hop themed fast food franchise that offers a line of H3WhiteTea sodas, lemonades, and energy drinks, and various other food; Hip Hop music; merchandise and media; live HD sportscasts; CyberSports arena featuring professional sports played on PlayStation and Xbox; and H3Raps, which are a selection of Biggie and Smallie wraps. It also operates Hip Hop Heaven, a restaurant that serves meats, seafood, salads, and beverages; H3Players.com, a CyberSports league featuring sports games that offer customers the opportunity to play for cash, prizes, and bragging rights; and ChannelH3, which offers hi-definition signage, music videos, ads, and promos targeting the Hip Hop generation, and real time information on plasma and LCD displays placed throughout the restaurants. In addition, the company provides computer based high resolution LCD television displays under neTVizon name. H3Enterprises, Inc. is based in New York, New York.

HTRE News:

December 10 - CEO of H3 Enterprises Dr. Benjamin Chavis & Hip-Hop Mogul Russell Simmons Appear Live on the Neil Cavuto Show on FOX Business Network

H3 Enterprises, Inc. (OTC: HTRE), the world's first publicly traded Hip-Hop company and parent company of the HipHopSodaShop, announced that its CEO and President, Dr. Benjamin Chavis, and Hip-Hop mogul Russell Simmons will be appearing live on the Neil Cavuto Show tonight Monday, December 10, 2007 at 6 p.m. to discuss the impact of Hip-Hop on business and on Presidential politics.

Dr. Chavis is the CEO and President of the first publicly traded Hip-Hop company, H3 Enterprises (www.h3inc.com). H3 is launching its HipHopSodaShop, the first of many nationwide franchises, in Tampa, Florida on December 18, 2007. Dr. Chavis recently played a key role in the Iowa Brown and Black Presidential Forum a week ago. This was the first time during the entire 2008 US Presidential race that major candidates for President were asked questions from a Hip-Hop perspective.

Russell Simmons, the President of Rush Communications, is often referred to as the Godfather of Hip-Hop. He is an entrepreneur who has built such successful multi million dollar brands as Def Jam Records, Phat Farm, Baby Phat, Simmons Jewelry Company, and Russell Simmons Presents Def Poetry and Def Comedy on HBO. He is an activist and philanthropist.

Both Mr. Simmons and Dr. Chavis are the founders of the Hip-Hop Summit Action Network, an organization dedicated to harnessing the cultural relevance of Hip-Hop music to serve as a catalyst for education advocacy and other societal concerns fundamental to the empowerment of youth.

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LAIDLAW ENERGY GROUP (OTC: LLEG) "Up 46.15% in morning trading"

Laidlaw Energy Group (LLEG) is engaged in the development of independent power plants that generate electricity from renewable resources. LLEG's mission is to build and manage a profitable portfolio of renewable energy facilities through the development of new facilities and acquisition of existing facilities. LLEG is headquartered in New York, New York. For more information on LLEG, visit the company's Web site at www.NYENRG.com.

LLEG News:

December 10 - Laidlaw Energy Group, Inc. Issues Shareholder Update

Laidlaw Energy Group, Inc. (OTC: LLEG) recently provided shareholders with an update on its recent progress:

Dear Laidlaw Energy Shareholders and Friends:

As we approach the end of the year, I thought this would be a good opportunity to provide an update on the progress of our company.

We are finalizing the transaction to acquire the assets in Berlin, NH and I believe we are on track for a closing around the end of the year.

We have received an offer of financing from a major Wall Street investment bank that, coupled with our equity capital and that of our partners, will provide the necessary funding to complete the development of the project. We hope to provide further updates on our progress toward the financial closing of this transaction in the coming weeks.

With respect to our Ellicottville, New York biomass-energy project, the permitting of the project is now out of the hands of the town planning board which has caused us so much unnecessary delay and now in the hands of the New York State Supreme Court, where we feel confident we will obtain a just resolution to this matter. We expect the Court will render a decision approximately 30 to 60 days after the upcoming January 8th hearing.

Separately, we have recently given our attorneys authorization to commence a civil law suit in Federal Court seeking substantial monetary damages against the town of Ellicottville and those involved in wrongly impairing our property and civil rights. Our attorneys feel we have a very strong case and we look forward to our day in court.

In addition to the Berlin and New York projects, we have a number of other projects in the pipeline that we feel offer great promise. The two projects that are the furthest along are both in the New England region and adhere to our business model of converting unutilized power assets to low emission, advanced biomass-energy plants. We are optimistic that we may be able to announce a deal on at least one if not both of these projects in the coming quarter.

Our goal is to add at least two more projects to our portfolio by the end of 2008, as Berlin and New York move forward to commercial operations.

I believe that we have made great progress this year. Our development of the Berlin project positions us at the forefront of the alternative energy industry, with one of the largest and most environmentally advanced biomass development projects in the US in our portfolio. We are confident that the success of this project, and the investment capital it will attract, will greatly raise the profile of our company and generate many more opportunities for us down the road.

I wish you all the best for a prosperous 2008.

Michael B. Bartoszek President and Chief Executive Officer

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ATLANTIS TECHNOLOGY GROUP (OTCBB: ATNO) "Up 34.37% in morning trading"

Atlantis Technology Group was formed to develop privately held and publicly traded technology companies that focus on high-growth investments at the leading edge of business and technological innovation. Atlantis Technology Group is engaged in providing debt and equity financing to public and private companies, as well as private equity funds, for working capital, acquisitions, management buyouts, projects and special situations within the newly announced target area. The Company's management intends to aggressively pursue new acquisitions that would enhance the existing portfolio of investments and that would be expected to enhance shareholder value through capital appreciation and dividend payments to the Company. Atlantis Technology Group intends to offer its clients a "one stop shop" of equity and senior, subordinated, structured and mezzanine debt to realize their business development objectives.

ATNO News:

December 10 - Atlantis Technology Group Subsidiary Global Online Television Corporation (GO TV) Unveils Short-Term Business Strategy

Global Online Television Corporation ("GO TV"), subsidiary of technology company Atlantis Technology Group (OTCBB: ATNO), outlined a short-term business plan to secure human capital and distribution exclusivity on several components that will further the company's long-term goals of development and distribution of cutting-edge media technology combining high-definition television and streaming Internet sources.

"We are actively in the process of filling Board vacancies and adding several technical consultants that will aid us in keeping our timeline that focuses on the second quarter of 2008 intact," said GO TV CEO Richard A. Luthmann. "All of this is happening while we are in protracted negotiations with several parties for exclusive development and distribution rights for what GO TV have identified as target components above and beyond our existing portfolio of proprietary technology."

Mr. Luthmann further commented that some "significant organizational events" are expected to occur over the next few days, and that important news will be forthcoming. "We are in the process of filling our quiver with several arrows - in fact what can be termed as an entire arsenal of resources." The GO CEO made further assurances that an aggressive expansion and marketing plan for GO TV is in the works, alluding to the media outlet's awesome market potential.

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CARBIZ INCORPORATED (OTCBB: CBZFF) "Up 30.43% in morning trading"

Carbiz, Inc., along with its subsidiaries, engages in developing, marketing, distributing, and supporting software and Internet products for the automotive sales finance industry in the United States. It principally offers specialty consumer financing products, software, training, and consulting services. The company's dealer software solutions focus on finance, sub-prime finance, dealer-provided on-site finance operations, and dealer accounting solutions. Carbiz's products include Management System Plus, which provides dealers with the ability to offer on-site self-funded financing at the point-of-sale, including inventory management, contracting, and collection functionality; VisualCat that provides dealers with the ability to offer prime and sub-prime financing through third-party lenders at the point of sale, including inventory management, storage of lender criteria, credit bureau access, and contracting functionality; and Independent Dealer Accounting, which provides a suite of accounting and financial reporting tools designed for independent dealers. It also offers Traffic Management System, which provides dealers with the ability to track walk-in and phone traffic in the dealership, including follow-up list generation and sales result reporting; and business model consulting products that focus on assisting its dealers with the operation of an onsite self funded auto financing business. The company was founded in 1995. It was formerly known as Carbiz.com, Inc. and changed its name to Carbiz, Inc. in 2003. Carbiz, Inc. is based in Sarasota, Florida.

CBZFF News:

December 10 - CarBiz Receives Iowa Dealer License

CarBiz Inc. (OTCBB: CBZFF) announced that it has received a dealer license for the state of Iowa. CarBiz has begun full operations at two Iowa locations in Sioux City and Council Bluffs.

CarBiz became the fourth largest Buy Here - Pay Here business in the US following a major acquisition last month. The deal included 26 dealerships in seven Midwestern states including Illinois, Indiana, Nebraska, Iowa, Kentucky, Oklahoma and Ohio. The two remaining states to receive a dealer license are Oklahoma and Nebraska.

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NNRF, INCORPORATED (OTC: NNRI) "Up 22.31% in morning trading"

NNRF is a U.S. corporation with executive and operations offices in Moscow Russia, Munich Germany and North America. NNRF through its Russian based partners offers design and manufacturing of specialized products for nuclear reactors, nuclear waste management; proprietary nuclear shielding, decommissioning and decontamination technologies; and engineering/design services for a range of environmental challenges. NNRF's management team has extensive industry and government service including significant in-house expertise in all aspects of radiological protection and radiological waste management.

NNRI News:

December 10 - NNRF, INC. Announces Update of Corporate Activities

NNRF, Inc. (OTC: NNRI) announced an update of corporate activities. In this press release we clarify previous statements of the Company, update interested parties on the Company's progress certain of its endeavors and discuss some of the new initiatives being undertaken. The company intends to provide further information prior to year end on these and other endeavors which the Company has developed in 2007. NNRF, Inc. is hereinafter sometimes referred to as the "Company."

ZAO Atoll

Atoll's third quarter results are currently being reviewed by 2K Audit and management of ZAO Atoll. The Company believes it will be in position to release these results by December 14 2007.

The year end audit of Atoll is scheduled to begin the week of January 20, 2008. As previously reported NNRF's US auditors intend to be in Moscow to supervise the Atoll year end audit.

Atoll completed its move from its original location in St. Petersburg during the third quarter of 2007. Atoll has divided its production processes between St. Petersburg and the region of Kirov. The St. Petersburg location will be responsible for highly technological manufacturing processes. The Kirov facility will be responsible for the manufacture of parts and components that are more labor intensive. The move to Kirov is part of the larger plan to put together manufacturing lines of all companies in which NNRF has investment and thereby gain a wide variety of operating efficiencies. Senior management, marketing and reporting departments of Atoll are now located in Moscow.

On December 3, 2007 Atoll appointed Mr. Todd Sinclair, NNRF's Chief Financial Officer, to the Board of Directors of Atoll . Mr. Sinclair will work closely with Atoll on ensuring that Atoll's accounting system meets US GAAP standards and that quarterly financial results will be released in accordance with SEC requirements. Atoll's Board of Directors has ratified full and transparent reporting in accordance with SEC regulations. As a result the Company will be able to include its share of Atoll's revenues in our accounts. Mr. Sinclair will join Mr. Peter Goerke, NNRF's Executive Vice-President, on Atoll's Board of Directors. Mr. Goerke works closely with Atoll operating management on administrative and operating issues and has been instrumental in identifying acquisition targets and negotiating and consummating transactions for the Company.

NNRF and Atoll management will be meeting in the last half of December to review the Atoll 2008 order book.

Velcont and JSC ElectroPrivod

During the third quarter the Company made its first investment of $475,000 in Velcont. This represents 4% of the issued and outstanding stock of Velcont. Under the terms of our Letter of Intent NNRF intends to own 24.5% of Velcont.

Velcont is a manufacturer of parts for the energy, automotive and aviation industries in Russia and its 450,000 square foot manufacturing plant gives it the capability to become a technological production center in Russia. Recent reports in Russia state that Russia's booming auto market is estimated to become Europe's largest car market by 2011. As a major producer in the automotive market, Velcont anticipates participating in this expanding market. Velcont is located in the Russian region of Kirov. There is a large supply of well educated and skilled workers living in the Kirov region.

Final terms and conditions of the JSC ElectroPrivod acquisition will be negotiated after NNRF acquires its initial 10% of Velcont. The Company is working closely with its investment bankers to secure the financing needed to meet these funding requirements.

RUAR

As part of NNRF's continuing due diligence, representatives of NNRF recently toured Russian manufacturing facilities operating in the welding and cutting industries. The potential RUAR investment plan includes funding the acquisition of certain welding and cutting related companies in Russia. Site visits by NNRF staff to these potential acquisitions will be part of NNRF's due diligence process. The closing of this acquisition must await conclusion of due diligence satisfactory to the Company.

FEECOM/BIECOM

The Company is currently negotiating the first installation of FEECOM/BIECOM in a German based medical facility which has medical operations including computer thermographs and radio pharmaceutical equipment. NNRF representatives have met with management of the medical facility. The Company has been asked to provide a turn key installation of the FEECOM/BIECOM shielding materials.

FEECOM/BIECOM is produced in Hanover Germany and production quality is controlled by the Fachhochschule Hanover, a technological university that has entered into a production agreement with NNRF.

The Company plans to purchase new equipment that will increase production levels and allow NNRF to make various molds of FEECOM/BIECOM bricks and other forms that will be used by customers.

During the month of December the Company expects to be informed by E.ON nuclear facility management of their selection of an initial nuclear power plant for the test installation of FEECOM/BIECOM. E.ON nuclear facility management will be meeting during December to select a German nuclear power plant for this test installation. E.ON is one of the largest generators and suppliers of energy in Europe and is also involved in Russian generating companies. NNRF expects that the installation of FEECOM/BIECOM at the selected site will begin in January 2008.

NNRF recently presented its encapsulation and shielding materials at the AtomEco 2007 exposition in Moscow. This exposition was hosted by the Russian Federal Agency of Nuclear Energy and brought together leading suppliers and users of various nuclear technologies in the field of nuclear waste management. NNRF was a co-sponsor of the event and Dr. Hans-J. Engelmann the company's Head of Shielding and Encapsulation gave a presentation of our shielding and encapsulation materials at the exposition.

The production and sale of FEECOM/BIECOM in the European Union represents a diversification of product lines of a product owned by the Company and sales outside Russia.

NuCap

During October and November the Company worked closely with Dow Corning staff in Germany to reproduce NuCap for coating applications that are representative of expected future requirements. This product has experienced delays in production and engineering due to issues related to the means, manner and necessary formulation to apply the substance in the field. As a result of these meetings, Dow Corning and NNRF scientists have further developed NuCap into a product that can be applied to radiation contaminated surfaces such as walls, floors and other contaminated areas. The Company is now working with Dow Corning and third party equipment suppliers to specify spraying and tooling equipment for NuCap application. These suppliers will include manufacturers of remote control applicators.

No sales of this product have occurred to date in commercial quantities and further engineering is required for this to occur.

EP

The Company has recently completed an extensive review of power quality issues in Russia. This review included an analysis of the market based on NNRF efforts over the past year. While this review confirmed that power quality is a concern to Russian consumers the Company has determined that the market for residential power quality equipment will develop more slowly than originally forecast. The Company will not achieve the projected revenues of $8.0 MM in 2007 as previously reported.

The Company will continue to develop a market for power quality products and continue its working relationship with its Tatarstan dealer StroyKomplektInvest (SKI). In addition, NNRF will direct marketing efforts to identified industrial and commercial applications. While the Company will continue to work at developing this market at this time we are unable to forecast revenues for 2008. This project will be handled in a separate profit center under the responsibility of its subsidiary OOO Nucon-RUS headed by the General Director of OOO Nucon-Rus, Mr. Alexander Stepanenko.

Trumem

Trumem is a liquid filtration system that is capable of decontaminating radioactive contaminated water as well as other kinds of polluted water. Trumem is a porous metallic-ceramic membrane, with a high-output, long-lasting, inexpensive and compact purification unit for all kinds of liquid wastes, including radioactive waste. Applications of Trumem include conditioning and cleaning of liquid radioactive waste and contaminated water, filtration of toxic liquid waste and cleaning of industrial water.

In early 2008 the company's Chief Scientist, Professor Dr. Valery Lebedev, as a co-inventor of Trumem, will focus efforts on defining different applications and developing specifications necessary to respond to requests from potential European customers.

Atomenergomash

Atoll continues to develop its relationship with Atomenergomash (AEM) through the existing joint venture between Atoll and Atomenergomash. AEM is a state producer of parts for nuclear power plants and they anticipate investing one billion dollars over the next two years for modernization and widening their portfolio of industrial assets. Atoll was recently asked to appoint one of its representatives as Chief of Operations of the joint venture. Atoll and AEM will be working together through the joint venture on future opportunities in the markets that can be served by Atoll products and engineering capabilities.

Egypt

In October the Company submitted a proposal to the Egyptian Environmental Agency for the handling and disposal of Egyptian hazardous waste. The proposal included a feasibility study and development of a strategic plan for waste management issues in Egypt. To date the Company has not received official information on the decision by the Egyptian agency to proceed with this proposal

South Korea

The Company has been conducting negotiations with Korea Nuclear Industry Co., Ltd. a South Korean company involved in radiation decontamination and waste management. Representatives of Korea Nuclear Industry Co. will come to Germany in January for formal meetings and to negotiate a formal marketing agreement for NNRF's shielding and encapsulation materials in the South Korean region.

NASD

The Company, along with its sponsor Newbridge Securities, are working on the NASD comments as part of the process that will enable the Company to list on the OTCBB. A prerequisite to listing was the effectiveness of the Company's Form 10SB which occurred on October 5, 2007.

Russian Trading System

Company representatives have met with senior staff of the RTS several times during 2007. The purpose of the meetings was to discuss the issues related to a possible dual listing on the RTS. The Company intends to have further discussions in 2008 after the internal Russian laws and regulations for dual listing of foreign companies are finalized and enacted. Valery Zubov, a member of the Company's advisory Board, was recently re-elected as a member of the Russian Parliament, the Federal Duma. Mr. Zubov was elected in the Krasnoyarsk Territory as a member of the political party Just Russia. Mr. Zubov was instrumental in the creation of the Russian Fund market. The Company believes it will benefit from his guidance in negotiations with the RTS and Russian brokerage houses.

At the National Investment Banker's Association convention held in November the Company sponsored the convention's keynote speaker, Ms. Elena Avakyan, the Department Head of the Russian Supreme Arbitration Court. NNRF continues to develop working relationships between the RTS and the North American investment community.

The Company is reviewing the possibility of listing on a major European Stock Exchange.

Munich Office

The Company has relocated from Berlin to Munich. Munich is closer to the companies scientific and production partners such as Studsvik, and suppliers of raw materials for FEECOM/BIECOM and NuCap. In addition the move was made in order to ease travel into Russia and the United States from Europe.

Other Matters

The Company has no knowledge of the counterfeit printing of Company shares. The Company has not replaced its stock transfer agent. Any statements regarding counterfeit shares and/or replacing the Company's transfer are hereby denied.

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PROPALMS, INCORPORATED (OTC: PRPM) "Up 21.95% in morning trading"

Propalms TSE, the complete Server-Based Management solution that extends Microsoft Terminal Services 2000/2003, offers features such as Application Publishing, Seamless Windows, Resource-based Load balancing, and Web-based management consoles.

PRPM News:

December 10 - Propalms, Inc. Increases Sales Transactions 12% in November 2007

Propalms, Inc. (OTC: PRPM) announced that the Company has increased its sales transactions by 12 percent for November 2007, as compared to November 2006. In November of this year, Propalms, Inc. invoiced over $76,278 in sales transactions versus invoiced sales transactions of $68,106 in November of 2006. The increase in sales transactions also includes increased license renewals and maintenance contracts.

"I am pleased by the continuing increase of our year to year sales in November, a traditionally quiet month. The focus is to expand our enterprise wins, and stay on track to see continued accelerated growth figures over the next year," stated Robert Zysblat, President of Propalms, Inc.

Propalms, Inc.'s annual shareholder meeting will be held on Friday, January 11, 2008, at 10:00 a.m. PST at the Luxor Hotel in Las Vegas, Nevada. Shareholders that would like to reserve a room at the hotel to attend the shareholder meeting should contact the Luxor Hotel at 888-777-0188 or 702-262-4444. The Luxor Hotel is located at 3900 Las Vegas Boulevard, South Las Vegas, Nevada, 89119. Propalms' shareholder meeting will be held in the Nile Chamber C.

Propalms' revenue is made from new license sales, expansion licenses to existing customers, as well as annual renewals of licenses for maintenance. The Company has made the decision to take the conservative approach that complies fully with U.S. GAAP accounting rules. Propalms, Inc.'s accounts are based on revenue recognition in accordance with Software Revenue Recognition SOP 97-2. Revenue is based upon a subscription model and the revenue amount is deferred over the life of the license and maintenance contract. The above figures are sales transactions that are invoiced in the current months.

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DATAMEG CORPORATION (OTCBB: DTMG) "Up 20.00% in morning trading"

Datameg Corporation, through its subsidiaries, provides service assurance systems products and services for the network operators in the telecommunications industry worldwide. The company designs, develops, and sells an active voice quality test system, capable of monitoring and providing analytical/statistical data that characterizes the connectivity and measurement of voice quality across communications networks. It also works on tools and techniques for network wide fault identification, isolation, and troubleshooting. The company's product primarily include the network assurance system, which ensures the integrity and functionality of communications networks and determines whether the networks are meeting the quality and service expectations of customers. It offers its products and services primarily to telecom operators and cable operators. The company is based in Salt Lake City, Utah.

DTMG News:

December 10 - Datameg Completes Acquisition of American Marketing & Sales Inc. D/B/A Innovative Designs

Datameg Corp (OTCBB: DTMG) announced it has completed the acquisition of American Marketing & Sales Inc. D/B/A Innovative Designs. Datameg announced in August that it had entered into an agreement to acquire the company for 15 million unregistered shares of Datameg common stock.

American Marketing & Sales, a $10 million company that markets finished food packaging products nationwide to major supermarkets and food retailers, will be operated as a wholly-owned subsidiary of Datameg. The company expects to close the previously-announced acquisition of Computer Ctr.com in January 2008.

Datameg also announced that it will report pro-forma fiscal year 2007 results that will include the addition of American Marketing and Sales financials.

Founded in 1999 in Leominster, Mass. by Leonard J. Tocci, American Marketing & Sales Inc. had 2006 revenues of just under $10 million and annual growth of 15 to 20 percent in the past three years. Mr. Tocci remains with Datameg as President of American Marketing and Sales and as a member of the senior management team of Datameg.

"When we report our numbers next year, we believe people will agree that we're a new Datameg" said Jim Murphy, Datameg CEO. "With this firm financial foundation, we expect to be able to report continued progress in our aim of creating a dynamic company."

In the company's 10QSB for the third quarter, Datameg's wholly-owned subsidiary Net Symphony discussed plans for delivery in December 2007 of a working prototype based on plans and engineering designs developed in the second and third quarters of 2007. That delivery appears to be on schedule.

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(OTCBB: UVSE), Ariel Way, Inc. (OTCBB: AWYI), Splinternet Holdings, Inc. (OTCBB: SLNH), Auctions International Inc. (OTC: AUCI), GTREX Capital, Inc. (

(OTCBB: UVSE), Ariel Way, Inc. (OTCBB: AWYI), Splinternet Holdings, Inc. (OTCBB: SLNH), Auctions International Inc. (OTC: AUCI), GTREX Capital, Inc. (OTCBB: GRXI)

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UNIVERSAL ENERGY CORP (OTCBB: UVSE)

Universal Energy Corp. is an energy company engaged in the acquisition and development of crude oil and natural gas leases in the United States and Canada. We pursue oil and gas prospects in partnership with oil and gas companies with exploration, development and production expertise. Our prospect areas consist of lands in Alberta, Canada, Louisiana and Texas. Visit www.universalenergycorp.info for more details.

UVSE News:

December 10 - Universal Energy Corp. Enters Into Main Objective Sandstones at Its East OMG Prospect

Universal Energy Corp. (OTCBB: UVSE), an emerging domestic oil and gas exploration and production company, provided the following update on its East OMG prospect. Drilling operations have reached a vertical depth of 14,564 feet. Universal Energy anticipates that drilling operations will continue for seven more days to reach a total vertical depth of 16,500 feet.

The four objectives in the East OMG prospect are as follows: Upper Miogyp Sandstones and Camerina Sandstones (main); MH-1 & MH-2 (secondary). "We are pleased to announce that analysis of the well logs indicates pay in our secondary targets," commented Billy Raley, CEO of Universal Energy Corp. Raley continued, "Well data has been positive and suggests that we have now entered into the Camerina sandstone. We look forward to entering the Miogyp next week."

The main objective sandstones, Camerina and Miogyp, which comprise the East OMG prospect, have potential reserves in excess of 59 Billion Cubic Feet Equivalent of gas valued at approximately $416,000,000. Universal Energy Corp. holds a 17.5 percent working interest in this prospect.

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ARIEL WAY INCORPORATED (OTCBB: AWYI) "Up 75.00% in morning trading"

Ariel Way, Inc. operates as a technology and services company for global communications, multimedia, and digital signage solutions and technologies. It develops and deploys solutions for business television, digital signage, and interactive media delivered over a combination of satellite, terrestrial, and wireless local networks. The company's digital signage service includes technologies using LCD television and plasma screens to deliver video based messaging directly to consumer audiences. Its integrated multimedia services include music radio, video, and Internet protocol based file transfer for training/catalogs/point of sale integrated with other information to the clients. Ariel Way serves finance-oriented services companies primarily in United Kingdom. The company is headquartered in Vienna, Virginia.

AWYI News:

December 11 - Ariel Way, Inc. Signs LOI to Acquire Syrei Holding UK, Ltd

Deal Expected to Add More than $7.5 Million Revenue, be Immediately Accretive to Ariel Way 2008 Earnings

Ariel Way, Inc. (OTCBB: AWYI) announced that the Company has signed a letter of intent to acquire Syrei Holding UK, Ltd, a UK and Sweden based a telecom-consulting firm comprised of senior specialists and experts in the evolving global telecommunications market (www.syrei.com). The deal is forecast to add more than $7.5 million in annualized revenue and to be accretive to Ariel Way's 2008 earnings with over 10% EBITDA. The transaction, which is subject to the signing of definitive agreements and customary closing conditions, has a two-step closing process with a first expected closing in late December 2007. The terms of the transaction were not disclosed.

Arne Dunhem, Ariel Way president and CEO, said, "We are excited with the prospect of having Syrei and its highly skilled consultants to be part of our operation. Thomas Strangert's team of technical experts have over ten years successfully provided and will continue to provide services worldwide to major corporations and telecom operators. They will also add global expertise to our strategy of building a state-of-the-art highly secure Digital Signage Network and will have primary focus on markets in Europe and Asia. We expect this acquisition to be immediately accretive to Ariel Way's earnings. Further, upon the full integration of this transaction, we anticipate moving into the black at the operating income line on a consolidated basis."

Thomas Strangert, CEO of Syrei, said, "We are looking forward to working with Arne and his team to integrate Syrei with Ariel Way's strategy. We are excited about actively supporting the Digital Signage activities in Europe and Asia in addition to continue to expand our current customer base on a worldwide basis."

Syrei, founded in 1997, is a telecom-consulting firm operating out of the UK and Sweden comprised of senior specialists and experts in the evolving global telecommunications market. Syrei's management and technical experts have successfully delivered professional services to value added service providers, telecom equipment manufactures and operators in more than 40 countries around the world. Syrei is a complete solution provider and a system integrator that is able to accept the total responsibility of large and complex projects. Syrei's consultants have been brought in to advise and aid major corporations and telecom operators like Ericsson, Nokia, 3GIS, ABB, Orange, SonyEricsson, Swedbank, Tele2, TeliaSonera, TIM etc.

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SPLINTERNET HOLDINGS (OTCBB: SLNH) "Up 46.67% in morning trading"

Splinternet Holdings, Inc., through its wholly owned subsidiary, Splinternet Communications, Inc., operates as a developer of voice over Internet protocol (VoIP) technology and services, which enable customers to make phone calls utilizing the Internet as an alternative to the traditional public switched telephone network (PSTN). The company's solutions overlays voice communications on top of customers' high-speed Internet connection. It also resells excess VoIP capacity primarily to traditional international long distance carriers. Splinternet Holdings, Inc. has operations primarily in the United States. The company was founded in 2000 and is based in Norwalk, Connecticut.

SLNH News:

December 11 - Splinternet Holdings Announces Entry into Anti-Terrorism Market

Splinternet Holdings, Inc. (OTCBB: SLNH) announced that it is entering the anti-terrorism market with a new radiation detection device and monitoring system which will provide early warning of the presence of radioactive materials of the type feared to be usable in dirty bombs.

Together with its development of a networked radiation detection device, Splinternet has entered into a cross-licensing and selling agreement with privately-held Vidiation, LLC, a development-stage company with a revolutionary technology to identify radioactive materials by analyzing streams of data from video surveillance systems. Vidiation launched its Vidiation-Radiation Analytics Detection System or V-RADS at the Fall 2007 ASIS conference, and plans to enter the market shortly (www.vidiation.com).

Vidiation is the developer of a software-based technology that detects the presence of radiation when it comes in range of a video surveillance camera. The gamma rays from threats such as "dirty bombs" strike an image sensor in the camera causing a detectable pattern of interference. As the data from the camera is examined by Vidiation's V-RADS software, this radiation pattern is detected and an ALERT is sent to the designated monitoring station. This is strictly a software solution, which doesn't require modification to the cameras.

The Splinternet device is more sensitive than the software/video camera solution, but it does not provide a video image of the monitored site, as the Vidiation system does. The two systems are wholly compatible and complementary.

Vidiation's software solution dovetails with Splinternet's existing VoIP infrastructure, and requires no additional commitment of capital or retrofitting of Splinternet's existing network. By leveraging its VoIP expertise, Splinternet has developed a small hardware-based radiation detection device to work in conjunction with Vidiation's software by functioning as a smart networked radiation detection node. Like Splinternet's VoIP solution, the combined Splinternet/Vidiation products will network using Ethernet technology and will be managed via a local LAN or the World Wide Web.

Splinternet's President, James Ackerly said, "Splinternet and Vidiation have each developed ways to monitor large areas for the existence of gamma ray-emitting substances, and the realization that our two techniques are helpful to each other, rather than competitive has led us to the new business arrangement we are announcing today. We are pleased to enter the 'War on Terrorism' in this way, as the availability of wide area detection systems will serve as a deterrent to those who would hope to sneak a dirty bomb into an economically or politically strategic location. We have been attracted to the anti-terrorism space for some time and believe that with Vidiation we have a compelling entry into the market. We believe there is significant demand worldwide for this service, which offers customers a new layer of protection from improper transport of high energy materials."

Ackerly continued, "We have tested the prototype combined system in real-world medical facilities and are pleased with the results. We will work with Vidiation toward achieving government validation, which we expect will be realized in early 2Q08, at which time we plan to begin aggressively selling the systems. In fact, the US Government has budgeted over $1 billion in 2007 for radiation detection systems, but it is reported that they are dissatisfied with the existing solutions. We believe our combined offering will have a significant impact in the radiation detection market. We are excited about this new product offering and plan to continue our strategy of targeting partnerships and acquisitions with innovative product offerings that can leverage our management and our network expertise."

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AUCTIONS INTERNATIONAL (OTC: AUCI) "Up 17.65% in morning trading"

Through its wholly owned subsidiary AutoBidLive, Auctions International Inc. is set to bring together over 65,000 North American licensed pre-owned auto dealers into a dynamic online auction reducing their dependence on physical auctions. By utilizing state-of-the-art technology, dealers can make bids in real time, move inventory, and search and buy vehicles specific to consumers' needs. In addition to online automobile auctions for the wholesale market, Auctions International Inc. has identified multiple commodity verticals, which could benefit from its leading-edge online auction technology platform. For more information, visit www.AuctionsIR.com and www.AutoBidLive.com.

AUCI News:

December 11 - Auctions International CEO Comments on Market Activity of its Stock

Auctions International Inc. (OTC: AUCI), a technology company that owns and markets proprietary software to enable real time online auctions of virtually any product or commodity for use by the wholesale market, issued a statement from President and CEO Doug Mann regarding yesterday's volume and price change in its common stock, "No material changes in the Company or management would warrant an increase in trading volume or the sudden drop in share price that occurred on December 10th."

Mann explains, "The selling pressure may have been caused by a confusion between our Company and Auctioncities.com, with whom we have no affiliation. Coincidentally, Auctioncities.com is also in the auctions business and trades on the pink sheets under the stock symbol AUCC, just one letter off from ours. Auctioncities.com indicated it would effect a 1-for-1000 reverse split on otcbb.com yesterday, and that this split would be effective today. We want to clarify we are unrelated companies to those who may have mistaken us for this company.

"Management would like to ensure shareholders that Auctions International Inc. is moving in a very positive direction. With our technology model, AUCI lets people sell, buy and advertise in real-time to close transactions quickly to take advantage of economic conditions, particularly the strong Canadian dollar, which is opening up new business opportunities in the U.S. Auctions International has completed extensive dealer testing of AutoBidLive and is now ready to take every dealer in North America live on the system. 2007 marked our entry into the commercialization phase of our technology platform, and management is very optimistic that 2008 will be a tremendous year of growth and increased shareholder value."

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GTREX CAPITAL (OTCBB: GRXI) "Up 14.29% in morning trading"

GTREX Capital, Inc. conducts business in the travel industry. As of March 31, 2007, the company had one operating subsidiary, Global Travel Exchange, Inc., which offers Voyager Network travel distribution platform providing direct access to reservation systems of various travel suppliers, including airlines, cruise lines, hotels, car rental companies, and providers of other travel amenities worldwide. It searches for availability and price for the itinerary suggested by the buyer over various direct connected suppliers and global distribution systems; and presents the aggregated result in the format preferred by the buyer. The company was incorporated in 1999 and is headquartered in Temecula, California.

GRXI News:

December 11 - GTREX Capital Announces Initial Agreement for Merger Transaction Involving an International Green Brand With Operations in Related Businesses

GTREX Capital, Inc. (OTCBB: GRXI), a holding company with subsidiary operations in the travel distribution industry, announced that it has entered into an initial agreement to acquire 80% of the issued and outstanding shares of a company that is focused on the development of an internationally recognized green brand for sustainable tourism and additional environmentally conscious businesses.

The initial agreement, in the form of a memorandum of understanding, outlines the strategy for acquiring the targeted company, which has an existing subsidiary business with operations, existing clients and revenues. The planned structure of the post-merger entity is that the public company will house a high profile international green brand, which is expected to become synonymous with green sustainable tourism. There will be two operating subsidiaries of the public company: the existing subsidiary of the acquired company, and GTREX Capital's current operating subsidiary, Global Travel Exchange, a travel distribution technology company that provides a more efficient and cost-effective connection between customers and travel suppliers.

There are anticipated to be several immediate synergies between Global Travel Exchange and the existing subsidiary of the acquired entity, as well as opportunities with additional affiliated businesses and intellectual properties. These synergies are related to the use of Global Travel Exchange's travel distribution technology in global initiatives related to travel and tourism.

As part of the expected merger transaction, GTREX Capital is expected to appoint a high profile management team with established names in the international tourism, travel, hospitality, and business management fields.

Steven R. Peacock, interim president/chief executive officer of GTREX Capital, commented, "This initial agreement is an important milestone in our efforts to create long-term value for the company's shareholders."

In November, Mr. Peacock attended a major international environmental conference, where he and Gary Nerison, chairman of the company's Board of Directors, conducted meetings related to the initial agreement and the merger strategy.

"We look forward to providing additional details of the proposed transaction, as well as the individuals, businesses and intellectual assets that are expected to be involved in the merger, as soon as possible," Mr. Peacock added.

To subscribe to the company's email alert system and receive information directly from GTREX Capital whenever new press releases, investor newsletters, SEC filings, or other data is disclosed, visit www.gtrexcapital.com/investor.php.

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RealPennies.com: Turning Pennies into dollars: (OTCBB: CNOA), (OTCBB: CHCG), (OTCBB: UTUC)

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China Organic Agriculture In (OTCBB: CNOA)
China Organic Announces Appointment of New CEO
JILIN, China, Dec 13, 2007-- China Organic Agriculture, Inc. , a growth-driven agricultural and products company leading China's organic foods revolution, today announced that Changqing Xu, has been appointed as the new Chief Executive Officer of China Organic Agriculture on December 6th. The Company has been under the oversight of Huizhi Xiao, Chairman for the last several months. New CEO Changqing Xu will add to the already strong leadership of the Company. Mr. Xu, MBA has 15 years of experience in management, and 5 years of senior level management overseas. Mr. Xu held positions such as CEO, COO, market manager and supervisor specializing in asset and resource restructuring as well as overseas expansion.

About Changqing Xu, CEO August 2002 to present: CEO of Hubei Tianjian Limited. Xu was in charge of the Company's investment plans and policies as well as management and market expansion. During this time, he signed contracts for one of Tianjin's subsidiary with local agricultural universities to improve rice grain quality and increased grain production as well as their quality; he also signed exclusive retail agreements in the Hubei and Hunan area as well.

1997-2002: COO of Shanghai Huaying Investments Limited. He was mainly in charge of market planning, internal control, financing, and asset restructuring. During this time, he successfully acquired Xiamen Dragonboat Group and has also completed other mergers and acquisitions.

1992-1997: Market manager and Managing Director of Shenzhen Fuxing Printing Company Limited. Imported production in from the US and increased production by 80%. He was also in charge of sales and promotions of the product and has expanded sales from Guangdong to nationwide. During this time he has also signed exclusive contracts with various vendors and retailers.

About China Organic Agriculture China Organic Agriculture is among the largest producers of organic rice in China. CNOA controls all aspects of the process from seeds to planting and processing, R&D and sales. The Company also has an extensive sales network, located in the major cities in China.

CNOA has experienced significant growth since its inception in 2002, and as an agricultural company is exempt from taxes in China. CNOA has put solid plans in place to markedly expand revenues. The quality of CNOA's products results in the ability to command and receive prices 15% higher than comparables.

CNOA has in excess of 6260 acres dedicated to green and organic rice. The irrigation system is fed from the Nen River, one of the last unpolluted rivers in China, and no chemicals or fertilizers are used in the process. The Company's flagship brand, ErMaPao, has won several quality awards, holds the highest organic certification and is one of the most popular rice brands in the country.

For more info: http://chcg.realpennies.com

China 3C Group (OTCBB: CHCG)
China 3C Group Acquires Exclusive Selling Rights to Meizu Products in Two Major Retail Chains

ZHEJIANG PROVINCE, China, Dec 11, 2007 China 3C Group, a retailer and distributor of consumer and business products in China, announced today it had acquired exclusive selling rights to all Meizu products in two major retail chains in Eastern China.

Meizu is a manufacturer of portable multimedia electronics in China, such as MP3 players. In recent years, it has developed the reputation for its innovative products, with a large and loyal following of buyers in China.

The agreement provides for a one year right to act as a reseller for two retail chains in Eastern China: Hymall, a retail chain owned by Tesco, one of the world's largest retailers, and Auchan, a major French retail chain with a large presence in China.

China 3C CEO Wang said, "We are very pleased with this opportunity to sell Meizu products. Meizu is a leader in portable multimedia devices, and China 3C is a leader in electronics retailing. We believe that agreements such as this show that our company is increasingly seen by electronics manufacturers as a reliable retail channel to use when selling products in China." The agreement is for one year and is renewable annually.

About China 3C China 3C is a leading wholesale distributor and retailer of 3C merchandise: computers, communication products and consumer electronics. The company specializes in wholesale distribution and retail sales of 3C products in Eastern China, focusing on products that make life more comfortable, convenient and connected. The company's goal is to become the number one retailer of 3C products in China. For more information, visit http://www.china3cgroup.com.

For more info: http://utuc.realpennies.com

Utah Uranium Corp (OTCBB: UTUC)
Utah Uranium Completes First 10 Holes, Additional Drilling Being Permitted

MOAB, UT, Dec 06, 2007 Utah Uranium Corp. (the "Company") is pleased to announce the completion of the first 10 holes of the first phase of drilling operations on the Company's Pinto Project, located near Hanksville, UT.

Material collected from the drilling has been sent to ALS Chemex Lab in Elko, Nevada for analyses. Results are expected in the next few weeks. In addition, results from down-hole Gamma Ray/SP/SPR logging of the drill holes, performed by Jet West Geophysical Services LLC, are also expected shortly.

The Company also wishes to announce that additional locations on the Pinto property are currently being permitted, to facilitate additional drilling to commence early in the New Year. It is anticipated that permitting and contracts will be in place to commence these additional operations as early as the first week or two of January, 2008. Funding for this additional drilling is included in the original $305,000 budget.

The exploration and drilling program is being funded 100% through the recently announced agreement with Consolidated Abaddon Resources Inc. (CA:ABN: news, chart, profile) (FRANKFURT: E2L) ("Abaddon") of Vancouver, B.C. Abaddon have an option to earn up to a 50% interest in the property by paying the Company $550,000, issuing the Company 550,000 shares of Abaddon, funding 100% of this $305,000 drilling program over the life of the agreement. By funding an additional $300,000 exploration and drilling program, Abaddon may earn up to an additional 10% interest in the project.

About the company Utah Uranium Corporation is a Moab, Utah based junior exploration and development company focused on the acquisition of past producing underground uranium mines, highly prospective new uranium projects and other conventional and non-conventional energy projects. All of the uranium projects acquired to date, in addition to those under review by the Company are within economic haul distances of the White Mesa Uranium Vanadium Mill in Blanding, Utah owned by Denison Mines.

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Any opinions expressed herein are statements of our judgment as of the date of publication and are subject to change without notice.
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