Turning Pennies into dollars: (OTCBB: IVOI), (OTCBB:ZLST), (OTCBB:WSEG), (OTCBB: NNPP), (OTC: PGPM).

Turning Pennies into dollars: (OTCBB: IVOI), (OTCBB:ZLST), (OTCBB:WSEG), (OTCBB: NNPP), (OTC: PGPM).

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May 14 iVoice, Inc. (OTCBB: IVOI) announced today that it has redeemed $4,796,510.00 million in Secured Convertible Debenture Notes that were previously issued to Cornell Capital Partners, LP. After repayment, there is currently $1,250,000.00 million plus accrued interest outstanding. "We believe the redemption eliminates expensive debt that had the potential to be dilutive to shareholders," said Jerry Mahoney, CEO of iVoice. "The repayment of this debt improves our balance sheet and reduces an overhang in our stock."

Stock Price: 0.0003, up 50.00%, 276.91M shares traded

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May 14 Zealous Trading Group, Inc. (OTCBB:ZLST) announced today that per that certain July 16, 2007 Agreement and Plan of Merger ("Merger Agreement"), it has executed the merger as of May 9, 2008. The Merger Agreement was executed with Zealous' wholly-owned subsidiary, ASNI-II, Inc., a Delaware corporation ("ASNI-II") and Zealous Holdings, Inc., a Delaware corporation. The Merger Agreement provided that Zealous merge with and into ASNI-II, with ASNI-II as the surviving corporation of the merger (the "Merger"). As a result of the Merger, Zealous Holdings became a wholly-owned subsidiary, through which operations will be conducted. "Now that the time-intensive and laborious task of completing the Merger is finalized, Zealous is excited to promote and present its Zealous Alternative Trading System, 'ZATS', to the financial market," said Milton "Todd" Ault, III, CEO and President of Zealous. "We believe our recently launched 2nd Generation ZATS Platform will revolutionize the way the market trades restricted and illiquid securities. Additionally, ZATS intends to provide comprehensive trading and research functionality for the global alternative markets." Mr. Ault went on to say, "We are getting an amazing response to our trading platform and expect Zealous to see significant revenue growth in the coming years." Based on the completed merger, Mr. Ault also becomes the Chairman of the Board of Directors and will maintain the CEO and President positions. Former Chairman Kent Wyatt Sr. will stay on as a member of the Board of Directors.

Stock Price: 0.08, up 0.00% on 307,509 shares traded

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May 14 Western Standard Energy Corp., (OTCBB:WSEG), an oil and gas exploration company, is pleased to announce that it has scheduled completion and development work on the Starbuck East shallow gas prospect in Valley County, Montana, in which Western Standard has a 50% working interest.

Overview : In October 2007, Western Standard funded and drilled the Exploration Well Federal 1-19 to approximately 1,100 feet and the well was cased after two gas zones were discovered at both 500 (Judith River Sand) and at 1,100 feet (Eagle Sand). Due to access restrictions imposed by the US Bureau of Land Management, completion work was suspended until July 15, 2008. At that time the Company expects to be able gain access to the site and the well is scheduled to be completed and tested for commerciality.

Potential: According to an engineering report the Company has in its possession, written by consulting geologist Mr. Richard Robinson for Great Northern Gas Co. on February 2, 2005, and its contents confirmed by Mr. Robinson in September, 2007, the Starbuck East shallow gas prospect is estimated to be a 34,000-acre closure, and should allow for around 630 wells to be drilled. The same report has estimated the potential recoverable resources to be approximately 220 BCF of gas from two zones. If this proves to be the case the prospect is estimated to be able to produce between 3,000 to 10,000 MCF per day by the end of 2009, and around double that number by end of 2010, depending on the number of producing wells.

Survey & Tap In: Initial contact has been made with the US Department of Interior, Bureau of Land Management, as the landowners, in order to lease a right of way for a delivery pipeline. Western Standard and Coastal Petroleum have already engaged the surveyors and engineering firm of Kadrmas, Lee & Jackson to conduct surveys in order to plan the pipeline route. Western Standard has entered into initial discussions with Trans Canada Pipeline, the operator of Northern Border Pipeline in order to tap in to their 42" pipe, although no agreement has yet been reached. Based on those discussions it is estimated that even if agreement is reached, the tap in process can take up to one year, depending on various factors such as permitting, the pipeline route and construction costs. Dan Bauer, President and CEO of Western Standard, stated, "although we have not yet proven the commerciality of Starbuck East, and there is always the chance it may never produce gas, we feel that the risks associated with a time delay in conducting the pipeline survey, and securing the necessary commercial delivery agreements are too high in comparison with the potential earnings from bringing the prospect on line in the coming year." Stock Price: 0.63, Up+6.78% on 191,430 shares traded

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May 14 Nano-Proprietary, Inc. (OTCBB: NNPP) announced that its subsidiary, Applied Nanotech, Inc. ("ANI"), has been selected to be awarded a new phase I Small Business Technology Transfer Program grant by the U.S. Department of Energy in the amount of approximately $100,000. The purpose of the grant is to develop and test an improved Carbon Dioxide (CO2) sensor for use in monitoring CO2 in geologic subsurface structures to assure safe retention. "We are pleased to be selected for this grant in our ever broadening sensor line," said Thomas F. Bijou, Chairman and Chief Executive Officer of Nano-Proprietary, Inc. "The strategy that we have been following, to have a broad base of sensor technologies, is beginning to yield tangible results."

Stock Price: 1.17, up 6.36% on 18,600 shares traded

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

May 12 Pilgrim Petroleum Corporation (OTC: PGPM) (FRANKFURT: PHV) announced the company's year 2008 projected EPS (Net Earnings / Outstanding Shares) $50,000,000/844,236,923 of 0.06. Based on this EPS multiplied by a sustainable growth rate of 25% and multiplied by the average industry P/E ratio of 20.96 (Reuters), Pilgrim's intrinsic value or estimated stock value should be $0.3103. Pilgrim Petroleum's prime properties are mainly located in the North West Texas, owning approximately 12,000 acre properties, which hosts resources with a best estimate P50 (*) of 4 millions of barrels of oil equivalent, definitions according to "Petroleum Classification and Definitions" (2000) published in draft by the Society of Petroleum Engineers (SPE) and World Petroleum Congress. The already on-going next phase is to strategize with its Partners and alliances for new drilling activities in its leasehold position for further categorization of reserves, including development and production status (proved, probable and possible). Pilgrim Petroleum management is currently focused on developing multiple horizons with hydrocarbon potential and is proud to communicate that the company's combined assets are now producing in an upward trend and new acquisitions for further hydrocarbon development under consideration. Rafael Pinedo, President of Pilgrim Petroleum Corporation, commented, "Triple digit oil prices and current market conditions make new ventures an open opportunity to develop our assets with great levels of profitability. Management is implementing streamlining operations activities as well as targeting new acquisitions and Joint Ventures."(*) When evaluating resources in particular contingent and prospective resources, Resources P50: Considered to be the best estimate of the quantity that will actually be recovered from the accumulation.(Source: Petroleum Society of CIM. Definitions of Oil and Gas Resources and Reserves)

Stock Price: 0.0012, up 50.00% on 1.06M shares traded

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